UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Fixed maturity securities, at fair value	$ 5,377	$ 5,210
Mortgage loans, at fair value	425	437
Short-term investments	25	21
Other invested assets (includes $267 and $141 of assets measured at fair value at March 31, 2024 and December 31, 2023, respectively)	341	211
Total investments	6,168	5,879
Cash and cash equivalents	441	940
Accrued investment income	60	60
Reinsurance recoverables, at fair value	155	206
Deposit asset	426	438
Income taxes	80	99
Other assets: (Receivables from parent and affiliates: March 31, 2024 - $1; December 31, 2023 - $0)	90	61
Separate account assets, at fair value	24,262	23,870
Total assets	31,682	31,553
Liabilities:
Insurance liabilities, at fair value	4,545	5,003
Net modified coinsurance payable	72	78
Liabilities associated with secured borrowing arrangements	1,121	967
Other liabilities: (Payables to parent and affiliates: March 31, 2024 - $79; December 31, 2023 - $10)	260	273
Separate account liabilities, at fair value	24,262	23,870
Total liabilities	30,260	30,191
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
EQUITY
Common stock, $100 par value; 25,000 shares authorized, issued and outstanding	3	3
Additional paid-in capital	1,714	1,714
Retained deficit	(220)	(290)
Accumulated other comprehensive loss	(75)	(65)
Total equity	1,422	1,362
TOTAL LIABILITIES AND EQUITY	$ 31,682	$ 31,553