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SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
12 Months Ended
Dec. 31, 2022
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]  
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
SUPPLEMENTARY INSURANCE INFORMATION
AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2022
Individual Retirement
Group Retirement
Investment Management and Research
Protection Solutions
Corporate and Other
Total
 
(in millions)
Deferred policy acquisition costs$4,661 $1,075 $ $2,124 $298 $8,158 
Policyholders’ account balances40,790 13,141  14,939 14,985 83,855 
Future policy benefits and other policyholders' liabilities20,578 (16) 5,129 8,433 34,124 
Policy charges and premium revenue1,513 318  2,087 317 4,235 
Net derivative gains (losses)1,626 (7)41 (16)52 1,696 
Net investment income (loss)1,239 605 (108)961 618 3,315 
Policyholders’ benefits and interest credited1,237 281  2,477 799 4,794 
Amortization of deferred policy acquisition costs419 8  112 3 542 
All other operating expenses (1)726 249 3,255 753 1,173 6,156 

AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2021
Individual Retirement
Group Retirement
Investment Management and Research
Protection Solutions
Corporate and Other
Total
 
(in millions)
Deferred policy acquisition costs (2)$3,639 $776 $— $1,066 $10 $5,491 
Policyholders’ account balances (2)38,456 13,049 — 15,027 12,825 79,357 
Future policy benefits and other policyholders' liabilities (2)22,904 — 4,843 8,967 36,717 
Policy charges and premium revenue1,867 371 — 2,016 343 4,597 
Net derivative gains (losses)(4,386)(29)(13)(83)46 (4,465)
Net investment income (loss)1,221 751 25 1,102 747 3,846 
Policyholders’ benefits and interest credited912 303 — 2,478 744 4,437 
Amortization of deferred policy acquisition costs294 — 95 393 
All other operating expenses (1)814 362 3,241 780 1,178 6,375 

AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2020
Individual Retirement
Group Retirement
Investment Management and Research
Protection Solutions
Corporate and Other
Total
 
(in millions)
Deferred policy acquisition costs (2)$3,178 $632 $— $418 $15 $4,243 
Policyholders’ account balances (2)30,736 12,828 — 14,875 8,381 66,820 
Future policy benefits and other policyholders' liabilities (2)25,212 — 5,031 9,629 39,881 
Policy charges and premium revenue2,034 295 — 2,013 390 4,732 
Net derivative gains (losses)(1,999)(2)(36)413 (98)(1,722)
Net investment income (loss)1,337 644 36 941 519 3,477 
Policyholders’ benefits and interest credited3,086 305 — 2,372 785 6,548 
Amortization of deferred policy acquisition costs321 73 — 1,220 (1)1,613 
All other operating expenses (1)724 284 2,815 546 978 5,347 
_____________
(1)Operating expenses are allocated to segments.
(2)Excludes amounts reclassified as HFS.