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Parent Company (Tables)
 12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed Consolidating Balance Sheet
Condensed Balance Sheets
(in millions)
As of December 31,
 20222021
Assets
Investments$26 $188 
Investments in subsidiaries4,984 5,994 
Dividends receivable from subsidiaries18 81 
Other assets (1)58 46 
Total assets$5,086 $6,309 
Liabilities  
Other liabilities (1)$22 $17 
Total liabilities$22 $17 
Total shareholders’ equity attributable to AGL$5,064 $6,292 
Total liabilities and shareholders’ equity$5,086 $6,309 
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(1)    Mainly consists of due from and due to affiliates.
Condensed Consolidating Statement of Operations and Comprehensive Income
Condensed Statements of Operations and Comprehensive Income
(in millions)
 Year Ended December 31,
 202220212020
Revenues
Net investment income $3 $1 $— 
Net realized investment gains (losses)(4)— — 
Total revenues(1)1 — 
Expenses
Other expenses (1)45 35 34 
Total expenses45 35 34 
Income (loss) before equity in earnings of subsidiaries (46)(34)(34)
Equity in earnings of subsidiaries 170 423 396 
Net income attributable to AGL124 389 362 
Other comprehensive income (loss) attributable to AGL(815)(198)156 
Comprehensive income (loss) attributable to AGL$(691)$191 $518 
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(1)    Includes expense allocations from subsidiaries.
Condensed Consolidating Statement of Cash Flows
Condensed Statements of Cash Flows
(in millions)
 Year Ended December 31,
 202220212020
Cash flows from operating activities:
Net income attributable to AGL$124 $389 $362 
Adjustments to reconcile net income to net cash flows provided by operating activities:
Equity in earnings of subsidiaries(170)(423)(396)
Net realized investment losses (gains) 4 — — 
Cash dividends from subsidiaries 437 539 547 
Other32 22 19 
Net cash flows provided by (used in) operating activities427 527 532 
Cash flows from investing activities:
Short-term investments with maturities of over three months:
Purchases— — (4)
Sales52 — — 
Maturities and paydowns 5 4 — 
Net sales (purchases) of short-term investments with original maturities of less than three months92 41 (3)
Net cash flows provided by (used in) investing activities149 45 (7)
Cash flows from financing activities:
Dividends paid(64)(66)(69)
Repurchases of common shares(500)(496)(446)
Other(12)(10)(10)
Net cash flows provided by (used in) financing activities(576)(572)(525)
Increase (decrease) in cash— — — 
Cash at beginning of period— — — 
Cash at end of period$— $— $— 
Supplemental disclosure of non-cash investing activities:
Dividend from a subsidiary in the form of fixed-maturity securities$— $46 $47