XML 230 R216.htm IDEA: XBRL DOCUMENT v3.24.0.1
Related Party Transactions - The Initial and Ongoing Reinsurance Activity with Prismic Re of Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Related Party Transaction [Line Items]      
Premiums [1] $ 27,364 $ 36,475 [2] $ 33,950 [2]
Asset management and service fees [1] 3,717 4,062 4,901
Other Income [1] 4,065 608 [2] 2,964 [2]
Realized Investment Gains (Losses) [1] (3,615) [3] (4,507) [2],[4] 2,115 [2],[4]
Policyholders’ benefits [1] (30,931) (40,816) [2] (37,991) [2]
Change in estimates of liability for future policy benefits [1] (337) (654) [2] 35 [2]
General and administrative expenses [1] 12,951 12,576 [2] 13,609 [2]
Income (loss) from related parties, before income taxes 3,072 (1,892) 10,835
Other comprehensive income (loss), net of tax (2,698) 5,686 2,150
Prudential Financial      
Related Party Transaction [Line Items]      
Other Income 14 27 18
Realized Investment Gains (Losses) (4) 128 90
Income (loss) from related parties, before income taxes (692) $ (513) $ (726)
Related Party      
Related Party Transaction [Line Items]      
Premiums (4,811)    
Asset management and service fees 10    
Other Income 52    
Realized Investment Gains (Losses) (491)    
Policyholders’ benefits (4,915)    
Change in estimates of liability for future policy benefits 5    
General and administrative expenses 3    
Income (loss) from related parties, before income taxes (333)    
Other comprehensive income (loss), net of tax 335    
Total comprehensive income (loss), before tax $ 2    
[1] See Note 24 for additional information regarding related party transactions.
[2] Prior period amounts adjusted for the implementation of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.
[3] See Note 24 for additional information regarding related party transactions.
[4] Prior period amounts adjusted for the adoption of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.