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Fair Value of Financial Instruments - Changes to Fair Value of Financial Instruments Level 3 (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2018
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period $ 4,400 $ 2,920 $ 3,267 $ 138  
F&G Acquisition       2,754  
Assets, Total Gains (Losses) Included in Earnings (2) 1 12 (63)  
Assets, Total Gains (Losses) Included in AOCI 11 46 (19) 68  
Assets, Purchases 1,417 128 2,959 220  
Assets, Sales (111) (1) (119) (1)  
Assets, Settlements (568) (154) (913) (177)  
Assets, Net transfer In (Out) of Level 3 (44) (90) (84) (89)  
Balance at End of Period 5,103 2,850 5,103 2,850  
Change in Unrealized Gains (Losses) Incl in OCI 11 48 93 73  
Liabilities          
Balance at Beginning of Period 3,759 2,957 3,409 0  
F&G Acquisition       2,857  
Liabilities, Total Gains (Losses) Included in Earnings (320) 209 35 309  
Liabilities, Total Gains (Losses) Included in AOCI 0 0 0 0  
Liabilities, Purchases 0 0 0 0  
Liabilities, Sales 0 0 (4) 0  
Liabilities, Settlements 0 0 (1) 0  
Liabilities, Net transfer In (Out) of Level 3 0 0 0 0  
Balance at End of Period 3,439 3,166 3,439 3,166  
Change in Unrealized Gains (Losses) Incl in OCI 0 0 0 0  
Future policy benefits          
Liabilities          
Balance at Beginning of Period   5 5 0  
F&G Acquisition       5  
Liabilities, Total Gains (Losses) Included in Earnings   0 0 0  
Liabilities, Total Gains (Losses) Included in AOCI   0 0 0  
Liabilities, Purchases   0 0 0  
Liabilities, Sales   0 (4) 0  
Liabilities, Settlements   0 (1) 0  
Liabilities, Net transfer In (Out) of Level 3   0 0 0  
Balance at End of Period 0 5 0 5  
Change in Unrealized Gains (Losses) Incl in OCI   0 0 0  
FIA embedded derivatives, included in contractholder funds          
Liabilities          
Balance at Beginning of Period 3,759 2,952 3,404 0  
F&G Acquisition       2,852  
Liabilities, Total Gains (Losses) Included in Earnings (320) 209 35 309  
Liabilities, Total Gains (Losses) Included in AOCI 0 0 0 0  
Liabilities, Purchases 0 0 0 0  
Liabilities, Sales 0 0 0 0  
Liabilities, Settlements 0 0 0 0  
Liabilities, Net transfer In (Out) of Level 3 0 0 0 0  
Balance at End of Period 3,439 3,161 3,439 3,161  
Change in Unrealized Gains (Losses) Incl in OCI   0 0 0  
Asset-backed securities          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 2,309 1,016 1,350 0  
F&G Acquisition       854  
Assets, Total Gains (Losses) Included in Earnings (1) (1) (1) (1)  
Assets, Total Gains (Losses) Included in AOCI 14 11 11 20  
Assets, Purchases 1,188 118 2,359 209  
Assets, Sales (97) (1) (97) (1)  
Assets, Settlements (125) (109) (307) (114)  
Assets, Net transfer In (Out) of Level 3 (44) (90) (71) (23)  
Balance at End of Period 3,244 944 3,244 944  
Change in Unrealized Gains (Losses) Incl in OCI 11 12 25 21  
Commercial mortgage-backed securities          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 25 26 26 0  
F&G Acquisition       26  
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0  
Assets, Total Gains (Losses) Included in AOCI (1) 0 (2) 0  
Assets, Purchases 12 0 12 0  
Assets, Sales 0 0 0 0  
Assets, Settlements 0 0 0 0  
Assets, Net transfer In (Out) of Level 3 0 0 0 0  
Balance at End of Period 36 26 36 26  
Change in Unrealized Gains (Losses) Incl in OCI 0 1 1 1  
Corporates          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 1,201 1,264 1,289 17  
F&G Acquisition       1,238  
Assets, Total Gains (Losses) Included in Earnings (1) (1) 8 (4)  
Assets, Total Gains (Losses) Included in AOCI (3) 21 (29) 47  
Assets, Purchases 19 3 76 3  
Assets, Sales (14) 0 (22) 0  
Assets, Settlements (89) (20) (196) (34)  
Assets, Net transfer In (Out) of Level 3 0 0 (13) 0  
Balance at End of Period 1,113 1,267 1,113 1,267  
Change in Unrealized Gains (Losses) Incl in OCI (2) 19 35 45  
Hybrids          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period   4 4 0  
F&G Acquisition       4  
Assets, Total Gains (Losses) Included in Earnings   0 0 0  
Assets, Total Gains (Losses) Included in AOCI   0 0 0  
Assets, Purchases   0 0 0  
Assets, Sales   0 0 0  
Assets, Settlements   0 (4) 0  
Assets, Net transfer In (Out) of Level 3   0 0 0  
Balance at End of Period 0 4 0 4  
Change in Unrealized Gains (Losses) Incl in OCI   0 0 0  
Municipals          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 43 40 43 0  
F&G Acquisition       38  
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0  
Assets, Total Gains (Losses) Included in AOCI 0 2 0 4  
Assets, Purchases 0 0 0 0  
Assets, Sales 0 0 0 0  
Assets, Settlements 0 0 0 0  
Assets, Net transfer In (Out) of Level 3 0 0 0 0  
Balance at End of Period 43 42 43 42  
Change in Unrealized Gains (Losses) Incl in OCI 0 2 7 5  
Residential mortgage-backed securities          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 443 509 483 0  
F&G Acquisition       534  
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0  
Assets, Total Gains (Losses) Included in AOCI (3) 12 (1) (3)  
Assets, Purchases 4 5 14 6  
Assets, Sales 0 0 0 0  
Assets, Settlements (50) (25) (102) (29)  
Assets, Net transfer In (Out) of Level 3 0 0 0 (7)  
Balance at End of Period 394 501 394 501  
Change in Unrealized Gains (Losses) Incl in OCI 1 14 22 1  
Foreign Governments          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 17 16 17 0  
F&G Acquisition       16  
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0  
Assets, Total Gains (Losses) Included in AOCI 1 0 1 0  
Assets, Purchases 0 0 0 0  
Assets, Sales 0 0 0 0  
Assets, Settlements 0 0 0 0  
Assets, Net transfer In (Out) of Level 3 0 0 0 0  
Balance at End of Period 18 16 18 16  
Change in Unrealized Gains (Losses) Incl in OCI 0 0 2 0  
Short-Term          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 303   0    
Assets, Total Gains (Losses) Included in Earnings 0   0    
Assets, Total Gains (Losses) Included in AOCI 1   2    
Assets, Purchases 192   494    
Assets, Sales 0   0    
Assets, Settlements (304)   (304)    
Assets, Net transfer In (Out) of Level 3 0   0    
Balance at End of Period 192   192    
Change in Unrealized Gains (Losses) Incl in OCI 1   1    
Equity securities          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 10 1 5 1  
F&G Acquisition       1  
Assets, Total Gains (Losses) Included in Earnings (1) 1 1 0  
Assets, Total Gains (Losses) Included in AOCI 1 0 2 0  
Assets, Purchases 2 2 4 2  
Assets, Sales 0 0 0 0  
Assets, Settlements 0 0 0 0  
Assets, Net transfer In (Out) of Level 3 0 0 0 0  
Balance at End of Period 12 4 12 4  
Change in Unrealized Gains (Losses) Incl in OCI 0 0 0 0  
Available-for-sale embedded derivative          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 30 21 27 0  
F&G Acquisition       20  
Assets, Total Gains (Losses) Included in Earnings 1 2 4 3  
Assets, Total Gains (Losses) Included in AOCI 0 0 0 0  
Assets, Purchases 0 0 0 0  
Assets, Sales 0 0 0 0  
Assets, Settlements 0 0 0 0  
Assets, Net transfer In (Out) of Level 3 0 0 0 0  
Balance at End of Period 31 23 31 23  
Change in Unrealized Gains (Losses) Incl in OCI 0 0 0 0  
Other long-term investments          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period   120      
F&G Acquisition       0  
Assets, Total Gains (Losses) Included in Earnings       (61)  
Assets, Total Gains (Losses) Included in AOCI       0  
Assets, Purchases       0  
Assets, Sales       0  
Assets, Settlements       0  
Assets, Net transfer In (Out) of Level 3       (59)  
Balance at End of Period   0   0  
Change in Unrealized Gains (Losses) Incl in OCI       0  
Credit linked note          
Fixed maturity securities available-for-sale:          
Balance at Beginning of Period 19 23 23 0  
F&G Acquisition         $ 23
Assets, Total Gains (Losses) Included in Earnings 0 0 0   0
Assets, Total Gains (Losses) Included in AOCI 1 0 (3)   0
Assets, Purchases 0 0 0   0
Assets, Sales 0 0 0   0
Assets, Settlements 0 0 0   $ 0
Assets, Net transfer In (Out) of Level 3 0 0 0 0  
Balance at End of Period 20 23 20 23  
Change in Unrealized Gains (Losses) Incl in OCI $ 0 $ 0 $ 0 $ 0