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Segment Information - Net Revenues and Operating Earnings (Details) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2023 | Sep. 30, 2023 | Jun. 30, 2023 | Mar. 31, 2023 | Dec. 31, 2022 | Sep. 30, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues | $ 3,992 | $ 3,925 | $ 3,876 | $ 3,742 | $ 3,663 | $ 3,484 | $ 3,486 | $ 3,625 | $ 15,535 | $ 14,258 | [1] | $ 13,377 | [1]
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income | $ 494 | $ 1,117 | $ 1,127 | $ 496 | $ 817 | $ 1,335 | $ 773 | $ 1,006 | 3,234 | 3,931 | [1] | 4,185 | [1]
Reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 16,705 | 15,570 |  | 15,420 |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | 3,936 | 3,597 |  | 3,168 |
Reportable segments | Advice & Wealth Management |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 9,418 | 8,461 |  | 8,021 |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | 2,851 | 2,192 |  | 1,743 |
Reportable segments | Asset Management |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 3,278 | 3,506 |  | 3,682 |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | 720 | 844 |  | 1,096 |
Reportable segments | Retirement & Protection Solutions |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 3,476 | 3,124 |  | 3,230 |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | 685 | 867 |  | 618 |
Reportable segments | Corporate & Other |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 533 | 479 |  | 487 |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | (320) | (306) |  | (289) |
Intersegment eliminations |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | (1,318) | (1,316) |  | (1,573) |
Intersegment eliminations | Advice & Wealth Management |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | (847) | (847) |  | (1,043) |
Intersegment eliminations | Asset Management |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | (79) | (52) |  | (50) |
Intersegment eliminations | Retirement & Protection Solutions |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | (411) | (420) |  | (478) |
Intersegment eliminations | Corporate & Other |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 19 | 3 |  | (2) |
Segment reconciling items |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | (12) | (10) |  | (16) |
Segment reconciling items | Net realized investment gains (losses) |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | (32) | (93) |  | 87 |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | (32) | (93) |  | 86 |
Segment reconciling items | Market impact on non-traditional long-duration products |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 2 | (1) |  | 1 |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | (608) | 483 |  | 464 |
Segment reconciling items | Mean reversion related impacts |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 0 | (1) |  | 1 |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | 0 | (1) |  | 1 |
Segment reconciling items | Market impact of hedges on investments |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 0 | 0 |  | (22) |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | 0 | 0 |  | (22) |
Segment reconciling items | Block transfer reinsurance transaction impacts |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 0 | 0 |  | (644) |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | 0 | 0 |  | 524 |
Segment reconciling items | Integration/restructuring charges |  |  |  |  |  |  |  |  |  |  |  |  |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | (62) | (50) |  | (32) |
Total Segments after intersegment eliminations | Reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 15,387 | 14,254 |  | 13,847 |
Consolidated investment entities | Segment reconciling items |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenues |  |  |  |  |  |  |  |  | 178 | 99 |  | 107 |
Operating earnings |  |  |  |  |  |  |  |  |  |  |  |  |
Pretax income |  |  |  |  |  |  |  |  | $ 0 | $ (5) |  | $ (4) |
[1] | Certain prior period amounts have been restated. See Note 3 for more information.

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