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Value of Business Acquired, Deferred Acquisition Costs and Deferred Sales Inducements - VOBA (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
VOBA    
VOBA at beginning of period $ 1,615 $ 1,743
Amortization (128) (136)
Shadow Premium Deficiency Testing (“PDT”)   52
VOBA at end of period 1,487 1,659
FIA    
VOBA    
VOBA at beginning of period 1,166 1,314
Amortization (106) (113)
Shadow Premium Deficiency Testing (“PDT”)   0
VOBA at end of period 1,060 1,201
Fixed Rate Annuities    
VOBA    
VOBA at beginning of period 32 39
Amortization (4) (5)
Shadow Premium Deficiency Testing (“PDT”)   0
VOBA at end of period 28 34
Immediate Annuities    
VOBA    
VOBA at beginning of period 201 212
Amortization (8) (9)
Shadow Premium Deficiency Testing (“PDT”)   0
VOBA at end of period 193 203
Universal Life    
VOBA    
VOBA at beginning of period 143 153
Amortization (7) (7)
Shadow Premium Deficiency Testing (“PDT”)   0
VOBA at end of period 136 146
Traditional Life    
VOBA    
VOBA at beginning of period 73 25
Amortization (3) (2)
Shadow Premium Deficiency Testing (“PDT”)   52
VOBA at end of period $ 70 $ 75