Audited Consolidated Statements of Financial Position - USD ($)	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Fixed maturity securities, at fair value	$ 5,210,000,000	$ 5,024,000,000
Equity securities, at fair value (cost: December 31, 2023 - $0; December 31, 2022 - $201)	0	175,000,000
Mortgage loans, at fair value	437,000,000	196,000,000
Short-term investments	21,000,000	42,000,000
Other invested assets (includes $141 and $430 of assets measured at fair value at December 31, 2023 and 2022, respectively)	211,000,000	450,000,000
Total investments	5,879,000,000	5,887,000,000
Cash and cash equivalents	940,000,000	872,000,000
Accrued investment income	60,000,000	52,000,000
Other invested assets - Other	206,000,000	235,000,000
Net modified coinsurance receivable, at fair value	0	18,000,000
Deposit asset	438,000,000	607,000,000
Goodwill	0	93,000,000
Income taxes	99,000,000	50,000,000
Other assets: (Receivables from parent and affiliates: December 31, 2023 - $0; December 31, 2022 - $40)	61,000,000	127,000,000
Separate account assets	23,870,000,000	23,601,000,000
TOTAL ASSETS	31,553,000,000	31,542,000,000
LIABILITIES
Insurance liabilities	5,003,000,000	5,546,000,000
Net modified coinsurance payable, at fair value	78,000,000	0
Liabilities associated with repurchase agreements and securities lending transactions	967,000,000	417,000,000
Other liabilities	273,000,000	391,000,000
Separate account liabilities	23,870,000,000	23,601,000,000
Total liabilities	30,191,000,000	29,955,000,000
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 13)
EQUITY
Common stock, $100 par value; 25,000 shares authorized, issued and outstanding	3,000,000	3,000,000
Additional paid-in capital	1,714,000,000	1,759,000,000
Retained deficit	(290,000,000)	(286,000,000)
Accumulated other comprehensive income (loss)	(65,000,000)	111,000,000
Total equity	1,362,000,000	1,587,000,000
TOTAL LIABILITIES AND EQUITY	$ 31,553,000,000	$ 31,542,000,000