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Value of Business Acquired, Deferred Acquisition Costs and Deferred Sales Inducements (Tables)
 3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amounts of Intangible Assets, VOBA and DAC DSI
A summary of the changes in the carrying amounts of our VOBA, DAC and DSI intangible assets is as follows (in millions):
VOBADACDSITotal
Balance at January 1, 2022$1,185 $761 $88 $2,034 
Deferrals— 154 16 170 
Amortization(94)(39)(11)(144)
Interest7 6 — 13 
Unlocking(6)(1)2 (5)
Adjustment for net unrealized investment (gains) losses 318 88 21 427 
Balance at March 31, 2022$1,410 $969 $116 $2,495 
VOBADACDSITotal
Balance at January 1, 2021$1,466 $222 $36 $1,724 
Deferrals— 133 21 154 
Amortization(132)(8)(8)(148)
Interest8 2 — 10 
Unlocking1 — — 1 
Adjustment for net unrealized investment (gains) losses 132 (5)— 127 
Balance at March 31, 2021$1,475 $344 $49 $1,868 
Estimated Amortization Expense for VOBA in Future Fiscal Periods
For the in-force liabilities as of March 31, 2022, the estimated amortization expense for VOBA in future fiscal periods is as follows (in millions):
Estimated Amortization Expense
Fiscal Year
2022$(19)
2023120 
2024157 
2025150 
2026138 
Thereafter778