XML 69 R56.htm IDEA: XBRL DOCUMENT v3.22.2.2
CLOSED BLOCK - Closed Block Summarized Financial Information (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Jun. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Dec. 31, 2020
Closed Block Liabilities:            
Future policy benefits, policyholders’ account balances and other $ 5,750   $ 5,928      
Policyholder dividend obligation 0 $ 0 0 $ 25 $ 72 $ 160
Other liabilities 74   39      
Total Closed Block liabilities 5,824   5,967      
Assets Designated to the Closed Block:            
Fixed maturities AFS, at fair value (amortized cost of $3,190 and $3,185) (allowance for credit losses of $0 and $0) 2,932   3,390      
Mortgage loans on real estate (net of allowance for credit losses of $4 and $4) 1,687   1,771      
Policy loans 575   602      
Cash and other invested assets 0   63      
Other assets 154   90      
Total assets designated to the Closed Block 5,348   5,916      
Excess of Closed Block liabilities over assets designated to the Closed Block 476   51      
Amounts included in AOCI:            
Net unrealized investment gains (losses), net of policyholders’ dividend obligation: $0 and $0; and net of income tax: $54 and $(43) (193)   172      
Maximum future earnings to be recognized from Closed Block assets and liabilities 283   223      
Fixed maturity available for sale, amortized cost 3,190   3,185      
Fixed maturities available-for-sale, allowance for credit losses 0   0      
Mortgage loans, credit losses (4)   (4)      
Policyholder dividend obligation 0 $ 0 0 $ 25 $ 72 $ 160
Closed block operations, income taxes $ 54   $ (43)