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REINUSRANCE - SUCCESSOR COMPANY - Schedule of Reinsurance Statement Of Financial Position (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Total investments $ 5,887 $ 11,605
Cash and cash equivalents 872 2,016
Accrued investment income 52 61
Reinsurance recoverables [1] 235 8,108
Net modified coinsurance receivable 18  
Deposit asset [1] 607 2,659
Other assets 127 954
Separate account assets [1] 23,601 32,267
TOTAL ASSETS 31,542 58,579
LIABILITIES    
Insurance liabilities [1] 5,546 0
Other liabilities 808 1,192
Separate account liabilities [1] 23,601 32,267
Total liabilities 29,955 $ 56,897
Total    
ASSETS    
Total investments 1,630  
Cash and cash equivalents 439  
Accrued investment income 11  
Reinsurance recoverables 235  
Net modified coinsurance receivable 18  
Deposit asset 607  
Other assets 14  
Separate account assets 2,043  
TOTAL ASSETS 4,997  
LIABILITIES    
Insurance liabilities 2,605  
Other liabilities 349  
Separate account liabilities 2,043  
Total liabilities 4,997  
Registered Index-linked Annuities    
ASSETS    
Total investments 1,566  
Cash and cash equivalents 439  
Accrued investment income 11  
Reinsurance recoverables 0  
Net modified coinsurance receivable 18  
Deposit asset 0  
Other assets 14  
Separate account assets 32  
TOTAL ASSETS 2,080  
LIABILITIES    
Insurance liabilities 1,699  
Other liabilities 349  
Separate account liabilities 32  
Total liabilities 2,080  
New York Variable Annuities    
ASSETS    
Total investments 64  
Cash and cash equivalents 0  
Accrued investment income 0  
Reinsurance recoverables 210  
Net modified coinsurance receivable 0  
Deposit asset 0  
Other assets 0  
Separate account assets 2,011  
TOTAL ASSETS 2,285  
LIABILITIES    
Insurance liabilities 274  
Other liabilities 0  
Separate account liabilities 2,011  
Total liabilities 2,285  
Fixed Annuities    
ASSETS    
Total investments 0  
Cash and cash equivalents 0  
Accrued investment income 0  
Reinsurance recoverables 0  
Net modified coinsurance receivable 0  
Deposit asset 607  
Other assets 0  
Separate account assets 0  
TOTAL ASSETS 607  
LIABILITIES    
Insurance liabilities 607  
Other liabilities 0  
Separate account liabilities 0  
Total liabilities 607  
Single Premium Immediate Annuities    
ASSETS    
Total investments 0  
Cash and cash equivalents 0  
Accrued investment income 0  
Reinsurance recoverables 25  
Net modified coinsurance receivable 0  
Deposit asset 0  
Other assets 0  
Separate account assets 0  
TOTAL ASSETS 25  
LIABILITIES    
Insurance liabilities 25  
Other liabilities 0  
Separate account liabilities 0  
Total liabilities $ 25  
[1] We have elected the fair value option on these financial statement line items for the Successor Company. See Note 2 for further discussion.