XML 109 R95.htm IDEA: XBRL DOCUMENT v3.23.1
INVESTMENTS - PREDECESSOR COMPANY - Fixed Maturities, Available-for-sale Securities (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   $ 8,556
Gross Unrealized Gains   302
Gross Unrealized Losses   86
Allowance for Credit Losses   1
Fair Value [1] $ 5,024 8,771
U.S Treasury securities and obligations of U.S. government authorities and agencies    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   654
Gross Unrealized Gains   74
Gross Unrealized Losses   1
Allowance for Credit Losses   0
Fair Value   727
Obligations of U.S. states and their political subdivisions    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   281
Gross Unrealized Gains   15
Gross Unrealized Losses   0
Allowance for Credit Losses   0
Fair Value   296
Foreign government bonds    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   106
Gross Unrealized Gains   9
Gross Unrealized Losses   1
Allowance for Credit Losses   0
Fair Value   114
U.S. corporate public securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   2,345
Gross Unrealized Gains   134
Gross Unrealized Losses   18
Allowance for Credit Losses   0
Fair Value   2,461
U.S. corporate private securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   1,635
Gross Unrealized Gains   24
Gross Unrealized Losses   14
Allowance for Credit Losses   1
Fair Value   1,644
Foreign corporate public securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   793
Gross Unrealized Gains   11
Gross Unrealized Losses   9
Allowance for Credit Losses   0
Fair Value   795
Foreign corporate private securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   920
Gross Unrealized Gains   5
Gross Unrealized Losses   34
Allowance for Credit Losses   0
Fair Value   891
Asset-Backed Securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   1,058
Gross Unrealized Gains   5
Gross Unrealized Losses   1
Allowance for Credit Losses   0
Fair Value   1,062
Commercial mortgage loans    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   692
Gross Unrealized Gains   22
Gross Unrealized Losses   8
Allowance for Credit Losses   0
Fair Value   706
Residential mortgage-backed securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost   72
Gross Unrealized Gains   3
Gross Unrealized Losses   0
Allowance for Credit Losses   0
Fair Value   $ 75
[1] We have elected the fair value option on these financial statement line items for the Successor Company. See Note 2 for further discussion.