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Deferred Acquisition Costs and Deferred Sales Inducement Costs - Deferred Acquisition Costs (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Balances of and changes in DAC    
Beginning balance $ 2,713  
Ending balance 2,694 $ 2,713
Variable Annuities    
Balances of and changes in DAC    
Beginning balance 1,496 1,598
Capitalization of acquisition costs 10 23
Amortization (60) (125)
Ending balance 1,446 1,496
Structured Variable Annuities    
Balances of and changes in DAC    
Beginning balance 208 149
Capitalization of acquisition costs 52 83
Amortization (14) (24)
Ending balance 246 208
Fixed Annuities    
Balances of and changes in DAC    
Beginning balance 35 45
Capitalization of acquisition costs 0 0
Amortization (4) (10)
Ending balance 31 35
Fixed Indexed Annuities    
Balances of and changes in DAC    
Beginning balance 5 6
Capitalization of acquisition costs 0 0
Amortization (1) (1)
Ending balance 4 5
Universal Life Insurance    
Balances of and changes in DAC    
Beginning balance 110 118
Capitalization of acquisition costs 0 0
Amortization (4) (8)
Ending balance 106 110
Variable Universal Life Insurance    
Balances of and changes in DAC    
Beginning balance 534 521
Capitalization of acquisition costs 30 57
Amortization (22) (44)
Ending balance 542 534
Indexed Universal Life Insurance    
Balances of and changes in DAC    
Beginning balance 223 236
Capitalization of acquisition costs 2 4
Amortization (8) (17)
Ending balance 217 223
Other Life Insurance    
Balances of and changes in DAC    
Beginning balance 2 3
Capitalization of acquisition costs 0 0
Amortization 0 (1)
Ending balance 2 2
Life Contingent Payout Annuities    
Balances of and changes in DAC    
Beginning balance 6 2
Capitalization of acquisition costs 2 4
Amortization 0 0
Ending balance 8 6
Term and Whole Life Insurance    
Balances of and changes in DAC    
Beginning balance 17 18
Capitalization of acquisition costs 1 1
Amortization (1) (2)
Ending balance 17 17
Disability Income Insurance    
Balances of and changes in DAC    
Beginning balance 75 79
Capitalization of acquisition costs 2 4
Amortization (5) (8)
Ending balance 72 75
Total, All Products    
Balances of and changes in DAC    
Beginning balance 2,711 2,775
Capitalization of acquisition costs 99 176
Amortization (119) (240)
Ending balance 2,691 2,711
Other broker dealer acquisition costs    
Balances of and changes in DAC    
Beginning balance 2  
Ending balance $ 3 $ 2