UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023
REVENUES
Premiums	$ 7	$ 3	$ 8	$ 14
Policy charges and fee income	115	130	97	232
Net investment income	78	97	99	154
Asset management and service fees	23	22	20	45
Other income (loss)	3	1	(19)	4
Investment gains (losses), net	(287)	(1,298)	481	(122)
TOTAL REVENUES	(61)	(1,045)	686	327
BENEFITS AND EXPENSES
Policyholder benefits and changes in fair value of insurance liabilities	(255)	(870)		85
Policyholder benefits			26
Interest credited to policyholders account balances	0	0	85	0
Amortization of deferred policy acquisition costs	0	0	104	0
Commission expense	23	18	35	46
General, administrative and other expenses	16	38	3	34
TOTAL BENEFITS AND EXPENSES	(216)	(814)	253	165
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES	155	(231)	433	162
Income tax expense (benefit)	25	(51)	77	25
NET INCOME (LOSS)	130	(180)	356	137
Other comprehensive income (loss), before tax:
Changes in own-credit risk related to insurance liabilities	(115)	245	0	(93)
Net unrealized investment losses	0	0	(561)	0
Total	(115)	245	(561)	(93)
Less: Income tax expense (benefit) related to other comprehensive income (loss)	(25)	51	(118)	(20)
Other comprehensive income (loss), net of taxes	(90)	194	(443)	(73)
COMPREHENSIVE INCOME (LOSS)	$ 40	$ 14	$ (87)	$ 64