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Commitments and Contingent Liabilities (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Commitments and Contingent Liabilities [Line Items] |  |
Fair value of collateral supporting these assets | $ 240 | $ 702
Other assets: |  |
Premium tax offset for future undiscounted assessments | 35 | 37
Premium tax offset currently available for paid assessments | 2 | 2
Total | 37 | 39
Other liabilities: |  |
Insolvency assessments | 29 | 29
Guarantee on letters of credit | 2,300 |
Standby Letters of Credit |  |
Other liabilities: |  |
Guarantee on letters of credit | 1,500 |
Standby Uncommitted Letters Of Credit |  |
Other liabilities: |  |
Guarantee on letters of credit | 500 |
Commitments | Commercial Mortgage Loans |  |
Commitments and Contingent Liabilities [Line Items] |  |
Total outstanding mortgage loan commitments | 1,798 | 1,995
Portion of commitment where prearrangement to sell to investor exists | 366 | 582
Allowance for credit losses | 1 | 1
Change in allowance for credit losses | 0 | 0
Expected to be funded from the GA and other operations outside the SA |  |
Commitments and Contingent Liabilities [Line Items] |  |
Commitments to Purchase Investment (excluding Commercial Mortgage Loans) | 10,675 | 8,376
Expected to be funded from separate accounts |  |
Commitments and Contingent Liabilities [Line Items] |  |
Commitments to Purchase Investment (excluding Commercial Mortgage Loans) | 39 | 183
Indemnification | Securities Lending and Securities Repurchase Transactions |  |
Commitments and Contingent Liabilities [Line Items] |  |
Indemnification provided to certain clients for securities lending and securities repurchase transactions | 5,409 | 5,834
Fair value of related collateral associated with above indemnifications | 5,528 | 5,985
Accrued Liability associated with guarantee | 0 | 0
Indemnification | Securities Repurchase Transactions |  |
Commitments and Contingent Liabilities [Line Items] |  |
Indemnification provided to certain clients for securities lending and securities repurchase transactions | 0 | 0
Fair value of related collateral associated with above indemnifications | 0 | 0
Indemnification | Serviced Mortgage Loans |  |
Commitments and Contingent Liabilities [Line Items] |  |
Maximum exposure under indemnification agreements for mortgage loans serviced by the Company | 3,102 | 2,972
First-loss exposure portion of above | 898 | 862
Accrued Liability associated with guarantee | 28 | 33
Allowance for credit losses | 14 | 17
Change in allowance for credit losses | (3) | (3)
Guarantee of Asset Values |  |
Commitments and Contingent Liabilities [Line Items] |  |
Guaranteed value of third parties’ assets | 78,009 | 84,338
Fair value of collateral supporting these assets | 73,186 | 77,693
Asset (liability) associated with guarantee, carried at fair value | (2) |
Asset (liability) associated with guarantee, carried at fair value |  | 1
Other Guarantees |  |
Commitments and Contingent Liabilities [Line Items] |  |
Other guarantees where amount can be determined | 36 | 57
Accrued Liability associated with guarantee | 32 | 33
Purchase Investments |  |
Commitments and Contingent Liabilities [Line Items] |  |
Change in allowance for credit losses | $ 0 | $ 0

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- Definition Minimum amount of other commitment not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in the taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. + References No definition available. + Details
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