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Fair Value of Financial Instruments - Changes to Fair Value of Financial Instruments Level 3 (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Fixed maturity securities available-for-sale:        
Assets, Total Gains (Losses) Included in Earnings $ (4) $ (5)    
Assets, Total Gains (Losses) Included in AOCI 0 (214)    
Assets, Purchases 723 1,144    
Assets, Sales (15) (40)    
Assets, Settlements (165) (134)    
Assets, Net transfer In (Out) of Level 3 (21) (18)    
Change in Unrealized Included in OCI (1) (221)    
Liabilities        
Liabilities, Total Gains (Losses) Included in Earnings 197 (575)    
Liabilities, Total Gains (Losses) Included in AOCI 0 0    
Liabilities, Purchases 93 146    
Liabilities, Sales 0 0    
Liabilities, Settlements (38) (25)    
Liabilities, Net transfer In (Out) of Level 3 $ 0 0    
Change in Unrealized Gains (Losses) Included in OCI   $ 0    
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Recognized gains and losses, net Recognized gains and losses, net Recognized gains and losses, net Recognized gains and losses, net
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Unrealized (loss) gain on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates) Unrealized (loss) gain on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates) Unrealized (loss) gain on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates) Unrealized (loss) gain on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates)
Level 3        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period $ 8,229 $ 5,525 $ 8,286 $ 5,641
Balance at End of Period 8,759 6,315 8,759 6,315
Liabilities        
Balance at Beginning of Period 3,893 3,881 3,397 4,352
Balance at End of Period 4,134 3,233 4,134 3,233
FIA/ IUL embedded derivatives, included in contractholder funds        
Liabilities        
Balance at Beginning of Period 3,569 3,395 3,115 3,883
Liabilities, Total Gains (Losses) Included in Earnings 197 (575) 582 (1,159)
Liabilities, Total Gains (Losses) Included in AOCI 0 0 0 0
Liabilities, Purchases 93 146 189 272
Liabilities, Sales 0 0 0 0
Liabilities, Settlements (38) (25) (65) (55)
Liabilities, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 3,821 2,941 3,821 2,941
Change in Unrealized Gains (Losses) Included in OCI 0 0 0 0
Asset-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 6,300 4,161 6,263 3,959
Assets, Total Gains (Losses) Included in Earnings (3) 1 (11) 1
Assets, Total Gains (Losses) Included in AOCI 15 (142) 33 (272)
Assets, Purchases 379 827 795 1,227
Assets, Sales (15) (39) (98) (39)
Assets, Settlements (151) (126) (386) (278)
Assets, Net transfer In (Out) of Level 3 (15) (5) (86) 79
Balance at End of Period 6,510 4,677 6,510 4,677
Change in Unrealized Included in OCI 14 (153) 32 (291)
Commercial mortgage-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 29 40 37 35
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0
Assets, Total Gains (Losses) Included in AOCI 0 (3) 1 (5)
Assets, Purchases 0 0 12 0
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 (12) 0 (33) 7
Balance at End of Period 17 37 17 37
Change in Unrealized Included in OCI 0 (2) 1 (4)
Corporates        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 1,544 1,141 1,440 1,135
Assets, Total Gains (Losses) Included in Earnings 0 0 (1) 0
Assets, Total Gains (Losses) Included in AOCI (33) (64) (56) (137)
Assets, Purchases 127 307 261 386
Assets, Sales 0 0 (1) 0
Assets, Settlements (14) (6) (19) (32)
Assets, Net transfer In (Out) of Level 3 4 (4) 4 22
Balance at End of Period 1,628 1,374 1,628 1,374
Change in Unrealized Included in OCI (33) (61) (56) (134)
Municipals        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 32 37 29 43
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0
Assets, Total Gains (Losses) Included in AOCI 17 (4) 20 (10)
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 49 33 49 33
Change in Unrealized Included in OCI 17 (4) 20 (9)
Residential mortgage-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 12   302 0
Assets, Total Gains (Losses) Included in Earnings 0 0 1 0
Assets, Total Gains (Losses) Included in AOCI 0 0 8 0
Assets, Purchases 24 9 32 9
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 (8) 0
Assets, Net transfer In (Out) of Level 3 (8) 0 (307) 0
Balance at End of Period 28 9 28 9
Change in Unrealized Included in OCI 0 0 8 0
Foreign Governments        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 16 17 16 18
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0
Assets, Total Gains (Losses) Included in AOCI 0 (1) 0 (2)
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 16 16 16 16
Change in Unrealized Included in OCI 0 (1) 0 (1)
Investment in unconsolidated affiliates        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 107 21 23 21
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0
Assets, Total Gains (Losses) Included in AOCI 0 0 0 0
Assets, Purchases 90 0 174 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 197 21 197 21
Change in Unrealized Included in OCI 0   0 0
Short term investments        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 23 19 0 321
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0
Assets, Total Gains (Losses) Included in AOCI 0 0 0 (1)
Assets, Purchases 103 0 126 20
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 0 (19) 0 (340)
Balance at End of Period 126 0 126 0
Change in Unrealized Included in OCI 0 0 0 (1)
Preferred securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 1 1 1 2
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0
Assets, Total Gains (Losses) Included in AOCI 0 0 0 (1)
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 6 0 6 0
Balance at End of Period 7 1 7 1
Change in Unrealized Included in OCI 0 0 0 (1)
Equity securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 11 10 10 9
Assets, Total Gains (Losses) Included in Earnings (1) 0 0 0
Assets, Total Gains (Losses) Included in AOCI 0 0 0 0
Assets, Purchases 0 1 1 1
Assets, Sales 0 (1) (1) 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 4 0 4 0
Balance at End of Period 14 10 14 10
Change in Unrealized Included in OCI 0 0 0 0
Available-for-sale embedded derivative        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 25 30 23 34
Assets, Total Gains (Losses) Included in Earnings 0 (6) 0 (10)
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
Balance at End of Period 26 24 26 24
Change in Unrealized Included in OCI 1 0 3 0
Credit linked note        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 13 19 15 23
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0
Assets, Total Gains (Losses) Included in AOCI 0 0 0 (3)
Assets, Purchases 0 0 0 0
Assets, Sales 0 0 0 0
Assets, Settlements 0 (2) (2) (3)
Assets, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 13 17 13 17
Change in Unrealized Included in OCI 0 0 0 0
Secured borrowing receivable        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 10 0 10 0
Assets, Total Gains (Losses) Included in Earnings 0 0 0 0
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 10 0 10
Balance at End of Period 10 10 10 10
Change in Unrealized Included in OCI 0 0 0 0
Subtotal Level 3 assets at fair value        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period     8,169 5,600
Assets, Total Gains (Losses) Included in Earnings     (11) (9)
Assets, Total Gains (Losses) Included in AOCI     9 (431)
Assets, Purchases     1,401 1,643
Assets, Sales     (100) (39)
Assets, Settlements     (415) (313)
Assets, Net transfer In (Out) of Level 3     (412) (222)
Balance at End of Period 8,641 6,229 8,641 6,229
Change in Unrealized Included in OCI     8 (441)
Subtotal Level 3 assets at fair value | Level 3        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 8,123 5,496    
Balance at End of Period 8,641 6,229 8,641 6,229
Market risk benefits asset        
Fixed maturity securities available-for-sale:        
Balance at End of Period 118   118  
Market risk benefits asset | Level 3        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 106 29 117 41
Balance at End of Period 118 86 118 86
Subtotal Level 3 liabilities at fair value        
Liabilities        
Balance at Beginning of Period     3,115 3,883
Liabilities, Total Gains (Losses) Included in Earnings     582 (1,159)
Liabilities, Total Gains (Losses) Included in AOCI     0 0
Liabilities, Purchases     189 272
Liabilities, Sales     0 0
Liabilities, Settlements     (65) (55)
Liabilities, Net transfer In (Out) of Level 3     0 0
Balance at End of Period 3,821 2,941 3,821 2,941
Change in Unrealized Gains (Losses) Included in OCI 0   0 0
Subtotal Level 3 liabilities at fair value | Level 3        
Liabilities        
Balance at Beginning of Period 3,569 3,395    
Balance at End of Period 3,821 2,941 3,821 2,941
Market risk benefits liability | Level 3        
Liabilities        
Balance at Beginning of Period 324 486 282 469
Balance at End of Period $ 313 $ 292 $ 313 $ 292