XML 179 R165.htm IDEA: XBRL DOCUMENT v3.24.0.1

Closed Block (Closed Block Revenues and Benefits and Expenses) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Premiums	$ 1,675	$ 1,698	$ 1,789
Net investment income	1,949	1,980	2,514
Realized investment gains (losses), net	(380)	(270)	807
Other income (loss)	411	(447)	880
Total Closed Block revenues	3,655	2,961	5,990
Benefits and Expenses
Policyholders’ benefits	2,354	2,428	2,546
Interest credited to policyholders’ account balances	118	121	125
Dividends to policyholders	1,008	115	2,794
General and administrative expenses	280	302	312
Total Closed Block benefits and expenses	3,760	2,966	5,777
Closed Block revenues, net of Closed Block benefits and expenses, before income taxes	(105)	(5)	213
Income tax expense (benefit)	(176)	(103)	125
Closed Block revenues, net of Closed Block benefits and expenses and income taxes	$ 71	$ 98	$ 88

X

- Definition

Amount of benefits, claims and expenses that are related to an insurance entity's segregated group of participating or dividend-paying policies and contracts along with the assets allocated to them (known as a closed block). Includes, but is not limited to, death benefits, matured endowments, participating dividends, general expenses and deferred acquisition costs related to the closed block.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsBenefitsAndExpense
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ClosedBlockOperationsBenefitsAndExpenseAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Difference between prior period and current period estimated policy claims and interest due to and designated to policies in an insurance entity's segregated group of participating or dividend-paying policies and contracts along with the assets allocated to them (known as a closed block).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsChangeInPolicyholderBenefitsAndInterestCreditedToPolicyholderAccountBalances
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

The amount of income tax expense or benefit allocated to the operations of the closed block for the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsIncomeTaxes
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Income for the period from the investments allocated to an insurance entity's segregated group of participating or dividend-paying policies and contracts (known as a closed block), net of investment expenses, which are typically reported in a table of closed block operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)(5)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsNetInvestmentIncome
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Amount of net income (loss) from operations of the closed block.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsNetResults
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Amount of expense classified as other allocated to the closed block.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsOtherExpense
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Amount of revenue classified as other allocated to the closed block.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsOtherRevenue
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

An expense for the period for estimated policy claims in an insurance entity's segregated group of participating or dividend-paying policies and contracts along with the assets allocated to them (known as a closed block), as typically reported in a table of closed block operations as part of summarized financial data.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 805
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)(7)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsPolicyholderBenefits
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

An expense for the period representing distributions paid or accrued for the segregated group of participating or dividend-paying policies and contracts along with the assets allocated to them (known as a closed block), which may be presented in a table of closed block operations as part of summarized financial data.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)(8)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsPolicyholderDividends
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

For the segregated group of participating or dividend-paying policies and contracts along with the assets allocated to them (known as a closed block), revenue for the period from insurance policy premiums; typically included in a table of closed block operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)(4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsPremiums
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Gains and losses realized for the period from the investments allocated to an insurance entity's segregated group of participating or dividend-paying policies and contracts (known as a closed block).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)(6)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsRealizedInvestmentGainsLosses
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

The revenues less expenses from operations of the closed block during the period, before income taxes allocated thereto.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsResultsBeforeIncomeTaxes
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Total revenues from an insurance company's segregated group of participating or dividend-paying policies and contracts along with the assets allocated to them (known as a closed block).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 805
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479835/944-805-50-3

+ Details

Name:	us-gaap_ClosedBlockOperationsRevenue
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ClosedBlockOperationsRevenueAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration