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Reinsurance (Tables)

12 Months Ended

Dec. 31, 2023

Reinsurance Disclosures [Abstract]

Schedule of Reinsurance Recoverables

Reinsurance recoverables (recorded as other current assets or other assets on the consolidated balance sheets) at December 31, 2023 and 2022 were as follows:

In millions			2023						2022
Reinsurer
Hartford Life and Accident Insurance Company			$	1,314					$	1,549
Lincoln Life & Annuity Company of New York			480						385
VOYA Retirement Insurance and Annuity Company			—						159
Fresenius Medical Care Reinsurance Company (Cayman) Ltd.			54						102
Resolution Life Group Holdings Ltd.			35						—
All Other			115						55
Total			$	1,998					$	2,250

Schedule of Effects of Reinsurance

Direct, assumed and ceded premiums earned for the years ended December 31, 2023, 2022 and 2021 were as follows:

In millions			2023						2022						2021
Direct			$	99,753					$	85,670					$	76,320
Assumed			350						432						492
Ceded			(911)						(772)						(680)
Net premiums			$	99,192					$	85,330					$	76,132

The impact of reinsurance on benefit costs for the years ended December 31, 2023, 2022 and 2021 was as follows:

In millions			2023						2022						2021
Direct			$	86,738					$	71,357					$	64,339
Assumed			223						379						398
Ceded			(714)						(663)						(549)
Net benefit costs			$	86,247					$	71,073					$	64,188

X

- Definition

Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 605
-Topic 944
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479655/944-605-50-1

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- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of reinsurer or group of reinsurers for whom the entity has a concentration of credit risk.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-SubTopic 825
-Topic 944
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479383/944-825-50-1B

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