XML 98 R45.htm IDEA: XBRL DOCUMENT
v3.22.4

Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Deferred Charges, Insurers [Abstract] |
Schedule of balances of and changes in DAC | The balances of and changes in DAC were as follows:
| 2022 |  | 2021 |  | 2020
(in millions)
Balance at January 1 | $ | 2,782 |  |  | $ | 2,532 |  |  | $ | 2,698 |
Capitalization of acquisition costs | 197 |  |  | 280 |  |  | 228 |
Amortization | (216) |  |  | (184) |  |  | (177) |
Amortization, impact of valuation assumptions review | 8 |  |  | 60 |  |  | (100) |
Impact of change in net unrealized (gains) losses on securities | 389 |  |  | 94 |  |  | (117) |
Balance at December 31 | $ | 3,160 |  |  | $ | 2,782 |  |  | $ | 2,532 |
Schedule of balances of and changes in DSIC | The balances of and changes in DSIC, which is included in Other assets, were as follows:
| 2022 |  | 2021 |  | 2020
(in millions)
Balance at January 1 | $ | 189 |  |  | $ | 189 |  |  | $ | 218 |
Capitalization of sales inducement costs | 1 |  |  | 1 |  |  | 1 |
Amortization | (24) |  |  | (16) |  |  | (13) |
Amortization, impact of valuation assumptions review | 2 |  |  | 2 |  |  | (16) |
Impact of change in net unrealized (gains) losses on securities | 15 |  |  | 13 |  |  | (1) |
Balance at December 31 | $ | 183 |  |  | $ | 189 |  |  | $ | 189 |

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

X
- Definition Tabular disclosure of the movement in deferred policy acquisition costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=35755530&loc=d3e11264-158415 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (g)(1) -URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 50 -Paragraph 2B -URI https://asc.fasb.org/extlink&oid=124505477&loc=SL117422543-158416 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 55 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124504731&loc=d3e11522-158419 + Details
Name: | us-gaap_DeferredPolicyAcquisitionCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of deferred sale inducement cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=124505477&loc=d3e11332-158416 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 50 -Paragraph 2B -URI https://asc.fasb.org/extlink&oid=124505477&loc=SL117422543-158416 + Details
Name: | us-gaap_DeferredSalesInducementsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration