XML 127 R95.htm IDEA: XBRL DOCUMENT v3.22.4
INSURANCE LIABILITIES - Rollforward of Liability and Reinsurance Ceded (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
GMDB Direct        
Movement in Liabilities for Guarantees on Long-Duration Contracts, Guaranteed Benefit Liability, Gross [Roll Forward]        
Opening Balance $ 5,242 $ 4,951 $ 5,097 $ 4,780
Paid guarantee benefits (595) (461) (495)  
Other changes in reserve 886 315 812  
Impact of the Venerable transaction   0    
Closing Balance 5,242 4,951 5,097 4,780
GMDB Assumed        
Movement in Liabilities for Guarantees on Long-Duration Contracts, Guaranteed Benefit Liability, Gross [Roll Forward]        
Opening Balance 0 0 72 76
Paid guarantee benefits 0 (12) (22)  
Other changes in reserve 0 14 18  
Impact of the Venerable transaction   (74)    
Closing Balance 0 0 72 76
GMDB Ceded        
Guaranteed Minimum Death Benefit Reinsurance Ceded [Roll Forward]        
Opening Balance (2,216) (88) (104)  
Paid guarantee benefits 249 113 15  
Other changes in reserve (359) (65) 1  
Impact of the Venerable transaction   (2,176)    
Ending Balance (2,326) (2,216) (88)  
GMIB Direct        
Movement in Liabilities for Guarantees on Long-Duration Contracts, Guaranteed Benefit Liability, Gross [Roll Forward]        
Opening Balance 5,626 5,892 6,026 4,673
Paid guarantee benefits (602) (377) (293)  
Other changes in reserve 336 243 1,646  
Impact of the Venerable transaction   0    
Closing Balance 5,626 5,892 6,026 4,673
GMIB Assumed        
Movement in Liabilities for Guarantees on Long-Duration Contracts, Guaranteed Benefit Liability, Gross [Roll Forward]        
Opening Balance 0 0 196 187
Paid guarantee benefits 0 (49) 15  
Other changes in reserve 0 (7) (6)  
Impact of the Venerable transaction   (140)    
Closing Balance 0 0 196 $ 187
GMIB Ceded        
Guaranteed Minimum Death Benefit Reinsurance Ceded [Roll Forward]        
Opening Balance (3,968) (2,488) (2,139)  
Paid guarantee benefits 76 58 79  
Other changes in reserve 646 603 (428)  
Impact of the Venerable transaction   (2,141)    
Ending Balance $ (3,246) $ (3,968) $ (2,488)