XML 48 R26.htm IDEA: XBRL DOCUMENT
v3.22.4

Other Revenues and Other Expenses | 12 Months Ended
--- | ---
Dec. 31, 2022
Other Income and Expenses [Abstract] |
Other Revenues and Other Expenses Disclosure | 17. Other Revenues and Other Expenses Other Revenues Information on other revenues, which primarily includes fees related to service contracts from customers, was as follows:
|  | Years Ended December 31,
|  | 2022 |  | 2021 |  | 2020
|  | (In millions)
Vision fee for service arrangements (1) |  | $ | 566 |  |  | $ | 546 |  |  | $ | — |
Prepaid legal plans |  | 471 |  |  | 432 |  |  | 395 |
Fee-based investment management |  | 396 |  |  | 363 |  |  | 318 |
Recordkeeping and administrative services (2) |  | 168 |  |  | 213 |  |  | 196 |
Administrative services-only contracts |  | 238 |  |  | 231 |  |  | 218 |
Other revenue from service contracts from customers |  | 271 |  |  | 289 |  |  | 227 |
Total revenues from service contracts from customers |  | 2,110 |  |  | 2,074 |  |  | 1,354 |
Other |  | 524 |  |  | 545 |  |  | 495 |
Total other revenues |  | $ | 2,634 |  |  | $ | 2,619 |  |  | $ | 1,849 |
__________________ (1)For information regarding the Company’s acquisition of Versant Health, see Note 3. (2)Related to products and businesses no longer actively marketed by the Company. Receivables related to revenues from service contracts from customers were $226 million and $235 million as of December 31, 2022 and 2021, respectively. Other Expenses Information on other expenses was as follows:
|  | Years Ended December 31,
|  | 2022 |  | 2021 |  | 2020
|  | (In millions)
Employee related costs (1) |  | $ | 3,520 |  |  | $ | 3,515 |  |  | $ | 3,514 |
Third party staffing costs |  | 1,573 |  |  | 1,423 |  |  | 1,335 |
General and administrative expenses |  | 700 |  |  | 686 |  |  | 761 |
Pension, postretirement and postemployment benefit costs |  | 98 |  |  | 147 |  |  | 165 |
Premium taxes, other taxes, and licenses & fees |  | 608 |  |  | 629 |  |  | 764 |
Commissions and other variable expenses |  | 5,265 |  |  | 5,463 |  |  | 5,596 |
Capitalization of DAC |  | (2,558) |  |  | (2,718) |  |  | (3,013) |
Amortization of DAC and VOBA |  | 1,931 |  |  | 2,555 |  |  | 3,160 |
Amortization of negative VOBA |  | (41) |  |  | (34) |  |  | (45) |
Interest expense on debt |  | 938 |  |  | 920 |  |  | 913 |
Total other expenses |  | $ | 12,034 |  |  | $ | 12,586 |  |  | $ | 13,150 |
__________________ (1)Includes $93 million, ($144) million and ($147) million for the years ended December 31, 2022, 2021 and 2020, respectively, for the net change in cash surrender value of investments in certain life insurance policies, net of premiums paid. Capitalization of DAC and Amortization of DAC and VOBA See Note 5 for additional information on DAC and VOBA including impacts of capitalization and amortization. See also Note 7 for a description of the DAC amortization impact associated with the closed block. Expenses related to Debt See Notes 13, 14, and 15 for attribution of interest expense by debt issuance and other expenses related to debt transactions.

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI https://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI https://asc.fasb.org/topic&trid=49130413 + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration