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Derivative Instruments (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Derivative offsetting [Abstract] |  |  |  |
Derivative assets subject to master netting agreements |  | $ 197 | $ 147 |
Derivative liabilities subject to master netting agreements |  | 119 | 73 |
Net realized gains (losses) on derivative instruments |  |  |  |
Net realized gains (losses) on derivative instruments |  | 59 | (75) | $ (33)
Not Designated as Hedging Instrument |  |  |  |
Derivative [Line Items] |  |  |  |
Asset derivatives - fair value |  | 197 | 149 |
Liability derivatives - fair value |  | (119) | (76) |
Net realized gains (losses) on derivative instruments |  |  |  |
Net realized gains (losses) on derivative instruments |  | 59 | (75) | (33)
Not Designated as Hedging Instrument | Futures contracts |  |  |  |
Derivative [Line Items] |  |  |  |
Net derivatives - notional value | [1] | 3,746 | 3,138 |
Net realized gains (losses) on derivative instruments |  |  |  |
Net realized gains (losses) on derivative instruments |  | 49 | (86) | (16)
Not Designated as Hedging Instrument | Futures contracts | Other assets |  |  |  |
Derivative [Line Items] |  |  |  |
Asset derivatives - fair value | [2] | 139 | 51 |
Not Designated as Hedging Instrument | Futures contracts | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liability derivatives - fair value | [2] | (61) | (17) |
Not Designated as Hedging Instrument | Foreign currency forward contracts |  |  |  |
Derivative [Line Items] |  |  |  |
Net derivatives - notional value | [1] | 1,224 | 1,136 |
Net realized gains (losses) on derivative instruments |  |  |  |
Net realized gains (losses) on derivative instruments |  | 21 | 6 | (40)
Not Designated as Hedging Instrument | Foreign currency forward contracts | Other assets |  |  |  |
Derivative [Line Items] |  |  |  |
Asset derivatives - fair value | [2] | 27 | 39 |
Not Designated as Hedging Instrument | Foreign currency forward contracts | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liability derivatives - fair value | [2] | (32) | (35) |
Not Designated as Hedging Instrument | Other |  |  |  |
Derivative [Line Items] |  |  |  |
Net derivatives - notional value | [1],[3] | 512 | 3,592 |
Net realized gains (losses) on derivative instruments |  |  |  |
Net realized gains (losses) on derivative instruments |  | (11) | 5 | $ 23
Not Designated as Hedging Instrument | Other | Other assets |  |  |  |
Derivative [Line Items] |  |  |  |
Asset derivatives - fair value | [2],[3] | 31 | 59 |
Not Designated as Hedging Instrument | Other | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liability derivatives - fair value | [2],[3] | $ (26) | $ (24) |
[1] | Represents the absolute notional value of all outstanding contracts, consisting of long and short positions.
[2] | The fair value of asset derivatives are included in ‘other assets’ and the fair value of liability derivatives are included in ‘other liabilities.’
[3] | Includes swaps, options and other derivatives contracts

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