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v3.24.2

Derivatives - Cash Flow Hedges (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Net Investment Income | $ 602 | $ 540 | $ 1,195 | $ 1,055
Interest Expense | 50 | 50 | 100 | 100
Cash Flow Hedging | Designated as Hedging Instrument |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax | 11 | (21) | 11 | (14)
Cash Flow Hedging | Designated as Hedging Instrument | Net investment income | Reclassification out of Accumulated Other Comprehensive Income |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) | (5) | (4) | (9) | (10)
Cash Flow Hedging | Designated as Hedging Instrument | Interest expense | Reclassification out of Accumulated Other Comprehensive Income |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) | 5 | 4 | 9 | 7
Interest rate swaps | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Net Investment Income | (8) | (7) | (15) | (15)
Interest Expense | 5 | 4 | 9 | 7
Interest rate swaps | Cash Flow Hedging | Designated as Hedging Instrument |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax | (4) | (14) | (21) | (4)
Interest rate swaps | Cash Flow Hedging | Designated as Hedging Instrument | Net investment income | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) | (8) | (7) | (15) | (15)
Interest rate swaps | Cash Flow Hedging | Designated as Hedging Instrument | Interest expense | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) | 5 | 4 | 9 | 7
Foreign currency swaps | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Net Investment Income | 3 | 3 | 6 | 5
Foreign currency swaps | Cash Flow Hedging | Designated as Hedging Instrument |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax | 15 | (7) | 32 | (10)
Foreign currency swaps | Cash Flow Hedging | Designated as Hedging Instrument | Net investment income | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) | 3 | 3 | 6 | 5
Foreign currency swaps | Cash Flow Hedging | Designated as Hedging Instrument | Interest expense | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) | $ 0 | $ 0 | $ 0 | $ 0

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