XML 258 R217.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule V — Valuation Allowances and Qualifying Accounts (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Valuation allowances and qualifying accounts      
Balance as of beginning of period $ 293 $ 280 $ 367
Charged to costs and expenses 395 347 235
Other additions 0 0 19
Deductions 397 334 341
Balance as of end of period 291 293 280
Fixed income securities      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 13 6 2
Charged to costs and expenses 23 7 4
Other additions 0 0 0
Deductions 0 0 0
Balance as of end of period 36 13 6
Mortgage loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 7 6 67
Charged to costs and expenses 4 1 (61)
Other additions 0 0 0
Deductions 0 0 0
Balance as of end of period 11 7 6
Bank loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 57 61 67
Charged to costs and expenses 18 26 (6)
Other additions 0 0 0
Deductions 53 30 0
Balance as of end of period 22 57 61
Investments      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 77 73 136
Charged to costs and expenses 45 34 (63)
Other additions 0 0 0
Deductions 53 30 0
Balance as of end of period 69 77 73
Premium installment receivable      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 132 107 153
Charged to costs and expenses 348 313 274
Other additions 0 0 19
Deductions 342 288 339
Balance as of end of period 138 132 107
Reinsurance recoverables      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 65 74 60
Charged to costs and expenses 1 0 15
Other additions 0 0 0
Deductions 1 9 1
Balance as of end of period 65 65 74
Other assets      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 19 26 17
Charged to costs and expenses 0 0 9
Other additions 0 0 0
Deductions 1 7 0
Balance as of end of period 18 19 26
Assets      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 293 280 366
Charged to costs and expenses 394 347 235
Other additions 0 0 19
Deductions 397 334 340
Balance as of end of period 290 293 280
Commitments to fund mortgage loans and bank loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 0 0 1
Charged to costs and expenses 1 0 0
Other additions 0 0 0
Deductions 0 0 1
Balance as of end of period 1 0 0
Liabilities      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 0 0 1
Charged to costs and expenses 1 0 0
Other additions 0 0 0
Deductions 0 0 1
Balance as of end of period 1 0 0
Valuation allowance for deferred tax assets      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 34 24 0
Charged to costs and expenses 0 0 0
Other additions 35 10 38
Deductions 0 0 14
Balance as of end of period $ 69 $ 34 $ 24