Other income and expense (Tables)

12 Months Ended

Dec. 31, 2022

Other Income and Expenses [Abstract]

Schedule of the components of Other (income) expense

	Year Ended December 31
(in millions of U.S. dollars)	2022		2021		2020
Equity in net income of partially-owned entities (1)	$	16	$	2,433	$	1,019
Gains (losses) from fair value changes in separate account assets (2)	(42)		(8)		58
Federal excise and capital taxes	(21)		(19)		(22)
Other	(27)		(41)		(61)
Total	$	(74)	$	2,365	$	994

(1)     Equity in net income (loss) of partially-owned entities includes mark-to-market gain (loss) on private equities where we own more than three percent, totaling $(219) million, $2,004 million, and $747 million for the years ended December 31, 2022, 2021, and 2020, respectively. This line item also includes net income of $5 million, $233 million, and $167 million attributable to our investments in Huatai for the years ended December 31, 2022, 2021, and 2020, respectively.

(2)     Related to gains (losses) from fair value changes in separate account assets that do not qualify for separate account reporting under GAAP.