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Other Policyholder Funds and Benefits Payable
 12 Months Ended
Dec. 31, 2024
Insurance Loss Reserves [Abstract]  
Policyholder Account Balance Disclosure [Text Block]
12. OTHER POLICYHOLDER FUNDS AND BENEFITS PAYABLE
Other policyholder funds and benefits payable of $614, $638 and $658 as of December 31, 2024, 2023 and 2022, respectively, included universal life long-duration contacts of $206, $223 and $232 as well as policyholder balances related to short-duration contracts of $408, $415 and $426. The universal
life long-duration contacts presented in the table below were economically ceded to Prudential as part of the sale of the Company's former individual life business, which closed in 2013.
Universal Life Long Duration Contracts Rollforward
For the year ended December 31,
202420232022
Balance, beginning of year$223 $232 $253 
Premiums Received13 14 15 
Policy Charges(23)(21)(23)
Surrenders and Withdrawals(5)(6)(4)
Benefit Payments(9)(6)(20)
Interest Credited7 10 11 
Balance, End of Year$206 $223 $232 
Weighted-average crediting rate4.3 %4.2 %4.2 %
Net Amount at Risk [1]$824 $917 $987 
Cash Surrender Value$205 $221 $229 
[1] Net amount at risk is defined as the current death benefit in excess of the current account value as of the balance sheet date.
As of December 31, 2024, 2023 and 2022, universal life contracts of $205, $222 and $230, respectively, had crediting rates at their guaranteed minimums ranging from 4%-5%.