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v3.23.2

Investments - Investments - Available-for-Sale Securities (Details) - USD ($) $ in Millions | Jun. 30, 2023 | Mar. 31, 2023 | Dec. 31, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2021
--- | --- | --- | --- | --- | --- | ---
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Fixed maturities, available-for-sale, at fair value, amortized cost | $ 40,411 |  | $ 39,533 |  |  |
Allowance for credit losses, fixed maturity, AFS | (18) | $ (17) | (12) | $ (13) | $ (13) | $ (1)
Gross Unrealized Gains, fixed maturities, available-for-sale | 159 |  | 152 |  |  |
Gross Unrealized Losses, fixed maturities, available-for-sale | (3,055) |  | (3,442) |  |  |
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) | 37,497 |  | 36,231 |  |  |
ABS |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Fixed maturities, available-for-sale, at fair value, amortized cost | 2,757 |  | 2,016 |  |  |
Allowance for credit losses, fixed maturity, AFS | 0 |  | 0 |  |  |
Gross Unrealized Gains, fixed maturities, available-for-sale | 1 |  | 0 |  |  |
Gross Unrealized Losses, fixed maturities, available-for-sale | (73) |  | (75) |  |  |
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) | 2,685 |  | 1,941 |  |  |
Collateralized Loan Obligations [Member] |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Fixed maturities, available-for-sale, at fair value, amortized cost | 3,046 |  | 3,040 |  |  |
Allowance for credit losses, fixed maturity, AFS | 0 |  | 0 |  |  |
Gross Unrealized Gains, fixed maturities, available-for-sale | 3 |  | 3 |  |  |
Gross Unrealized Losses, fixed maturities, available-for-sale | (68) |  | (102) |  |  |
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) | 2,981 |  | 2,941 |  |  |
CMBS |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Fixed maturities, available-for-sale, at fair value, amortized cost | 3,607 |  | 3,715 |  |  |
Allowance for credit losses, fixed maturity, AFS | (12) | (11) | (10) | (1) | (1) | 0
Gross Unrealized Gains, fixed maturities, available-for-sale | 19 |  | 21 |  |  |
Gross Unrealized Losses, fixed maturities, available-for-sale | (387) |  | (358) |  |  |
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) | 3,227 |  | 3,368 |  |  |
Corporate |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Fixed maturities, available-for-sale, at fair value, amortized cost | 17,467 |  | 16,794 |  |  |
Allowance for credit losses, fixed maturity, AFS | (6) | $ (6) | (2) | (8) | (9) | (1)
Gross Unrealized Gains, fixed maturities, available-for-sale | 39 |  | 33 |  |  |
Gross Unrealized Losses, fixed maturities, available-for-sale | (1,404) |  | (1,592) |  |  |
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) | 16,096 |  | 15,233 |  |  |
Foreign Govt./Govt. Agencies |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Fixed maturities, available-for-sale, at fair value, amortized cost | 579 |  | 596 |  |  |
Allowance for credit losses, fixed maturity, AFS | 0 |  | 0 | $ (4) | $ (3) | $ 0
Gross Unrealized Gains, fixed maturities, available-for-sale | 0 |  | 0 |  |  |
Gross Unrealized Losses, fixed maturities, available-for-sale | (40) |  | (49) |  |  |
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) | 539 |  | 547 |  |  |
Municipal |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Fixed maturities, available-for-sale, at fair value, amortized cost | 6,523 |  | 6,718 |  |  |
Allowance for credit losses, fixed maturity, AFS | 0 |  | 0 |  |  |
Gross Unrealized Gains, fixed maturities, available-for-sale | 96 |  | 93 |  |  |
Gross Unrealized Losses, fixed maturities, available-for-sale | (393) |  | (515) |  |  |
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) | 6,226 |  | 6,296 |  |  |
RMBS |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Fixed maturities, available-for-sale, at fair value, amortized cost | 4,202 |  | 4,214 |  |  |
Allowance for credit losses, fixed maturity, AFS | 0 |  | 0 |  |  |
Gross Unrealized Gains, fixed maturities, available-for-sale | 1 |  | 2 |  |  |
Gross Unrealized Losses, fixed maturities, available-for-sale | (474) |  | (508) |  |  |
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) | 3,729 |  | 3,708 |  |  |
U.S. Treasuries |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Fixed maturities, available-for-sale, at fair value, amortized cost | 2,230 |  | 2,440 |  |  |
Allowance for credit losses, fixed maturity, AFS | 0 |  | 0 |  |  |
Gross Unrealized Gains, fixed maturities, available-for-sale | 0 |  | 0 |  |  |
Gross Unrealized Losses, fixed maturities, available-for-sale | (216) |  | (243) |  |  |
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) | $ 2,014 |  | $ 2,197 |  |  |

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