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FAIR VALUE DISCLOSURES - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Investments:    
Fixed maturities, AFS at fair value $ 65,065 $ 63,361
Fixed maturities, at fair value using the fair value option [1] 1,543 1,508
Amounts due from reinsurer 10,676 10,423
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option [1] 1,169 1,150
Short-term debt 751 759
Accrued interest payable for notes issued by consolidated variable interest entity 17 15
Carrying Value | Other liabilities    
Investments:    
Other equity investments (6) 17 12
Carrying Value | CLO Warehouse Debt    
Liabilities:    
Short-term debt 231 239
U.S. Treasury, government and agency    
Investments:    
Fixed maturities, AFS at fair value 6,069 5,837
States and political subdivisions    
Investments:    
Fixed maturities, AFS at fair value 575 527
Foreign governments    
Investments:    
Fixed maturities, AFS at fair value 898 836
RMBS    
Investments:    
Fixed maturities, AFS at fair value 847 822
Asset-backed    
Investments:    
Fixed maturities, AFS at fair value 8,242 8,490
Commercial mortgage-backed    
Investments:    
Fixed maturities, AFS at fair value 3,298 3,235
Redeemable preferred stock    
Investments:    
Fixed maturities, AFS at fair value 43 43
Recurring    
Investments:    
Fixed maturities, AFS at fair value 65,065 63,361
Fixed maturities, at fair value using the fair value option 1,543 1,508
Other equity investments (6) 707 723
Trading securities, at fair value 828 677
Other invested assets: 7,225 5,229
Cash equivalents 3,734 2,887
Segregated securities 1,055 1,522
Amounts due from reinsurer 10,676 10,423
GMIB reinsurance contracts fair value disclosure 629 490
Separate accounts assets 119,139 114,181
Total Assets 210,601 201,001
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option 1,383 1,374
Contingent payment arrangements 248 247
Total Liabilities 22,771 21,573
Recurring | Corporate    
Investments:    
Fixed maturities, AFS at fair value 45,093 43,571
Recurring | U.S. Treasury, government and agency    
Investments:    
Fixed maturities, AFS at fair value 6,069 5,837
Recurring | States and political subdivisions    
Investments:    
Fixed maturities, AFS at fair value 575 527
Recurring | Foreign governments    
Investments:    
Fixed maturities, AFS at fair value 898 836
Recurring | RMBS    
Investments:    
Fixed maturities, AFS at fair value 847 822
Recurring | Asset-backed    
Investments:    
Fixed maturities, AFS at fair value 8,242 8,490
Recurring | Commercial mortgage-backed    
Investments:    
Fixed maturities, AFS at fair value 3,298 3,235
Recurring | Redeemable preferred stock    
Investments:    
Fixed maturities, AFS at fair value 43 43
Recurring | Short-term investments    
Investments:    
Other invested assets: 1,170 943
Recurring | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 551 529
Recurring | Swaps    
Investments:    
Other invested assets: (355) (425)
Recurring | Credit default swaps    
Investments:    
Other invested assets: 5 9
Recurring | Futures    
Investments:    
Other invested assets: (5) 2
Recurring | Options    
Investments:    
Other invested assets: 5,859 4,171
Recurring | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 6,063 4,164
Recurring | Level 1    
Investments:    
Fixed maturities, AFS at fair value 0 0
Fixed maturities, at fair value using the fair value option 0
Other equity investments (6) 210 214
Trading securities, at fair value 296 290
Other invested assets: 139 133
Cash equivalents 3,462 2,386
Segregated securities 0 0
Amounts due from reinsurer 0 0
GMIB reinsurance contracts fair value disclosure 0 0
Separate accounts assets 116,581 111,744
Total Assets 120,688 114,767
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option 0 0
Contingent payment arrangements 0 0
Total Liabilities 15 15
Recurring | Level 1 | Corporate    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 1 | U.S. Treasury, government and agency    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 1 | States and political subdivisions    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 1 | Foreign governments    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 1 | RMBS    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 1 | Asset-backed    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 1 | Commercial mortgage-backed    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 1 | Redeemable preferred stock    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 1 | Short-term investments    
Investments:    
Other invested assets: 0 0
Recurring | Level 1 | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 144 131
Recurring | Level 1 | Swaps    
Investments:    
Other invested assets: 0 0
Recurring | Level 1 | Credit default swaps    
Investments:    
Other invested assets: 0 0
Recurring | Level 1 | Futures    
Investments:    
Other invested assets: (5) 2
Recurring | Level 1 | Options    
Investments:    
Other invested assets: 0 0
Recurring | Level 1 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 0 0
Recurring | Level 2    
Investments:    
Fixed maturities, AFS at fair value 63,041 61,146
Fixed maturities, at fair value using the fair value option 1,347 1,284
Other equity investments (6) 486 497
Trading securities, at fair value 477 332
Other invested assets: 7,082 5,091
Cash equivalents 272 501
Segregated securities 1,055 1,522
Amounts due from reinsurer 0 0
GMIB reinsurance contracts fair value disclosure 0 0
Separate accounts assets 2,557 2,436
Total Assets 76,317 72,809
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option 1,383 1,374
Contingent payment arrangements 0 0
Total Liabilities 7,447 5,545
Recurring | Level 2 | Corporate    
Investments:    
Fixed maturities, AFS at fair value 43,143 41,450
Recurring | Level 2 | U.S. Treasury, government and agency    
Investments:    
Fixed maturities, AFS at fair value 6,069 5,837
Recurring | Level 2 | States and political subdivisions    
Investments:    
Fixed maturities, AFS at fair value 547 499
Recurring | Level 2 | Foreign governments    
Investments:    
Fixed maturities, AFS at fair value 898 836
Recurring | Level 2 | RMBS    
Investments:    
Fixed maturities, AFS at fair value 847 788
Recurring | Level 2 | Asset-backed    
Investments:    
Fixed maturities, AFS at fair value 8,230 8,490
Recurring | Level 2 | Commercial mortgage-backed    
Investments:    
Fixed maturities, AFS at fair value 3,264 3,203
Recurring | Level 2 | Redeemable preferred stock    
Investments:    
Fixed maturities, AFS at fair value 43 43
Recurring | Level 2 | Short-term investments    
Investments:    
Other invested assets: 1,170 943
Recurring | Level 2 | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 403 393
Recurring | Level 2 | Swaps    
Investments:    
Other invested assets: (355) (425)
Recurring | Level 2 | Credit default swaps    
Investments:    
Other invested assets: 5 9
Recurring | Level 2 | Futures    
Investments:    
Other invested assets: 0 0
Recurring | Level 2 | Options    
Investments:    
Other invested assets: 5,859 4,171
Recurring | Level 2 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 6,063 4,164
Recurring | Level 3    
Investments:    
Fixed maturities, AFS at fair value 2,024 2,215
Fixed maturities, at fair value using the fair value option 196 224
Other equity investments (6) 11 12
Trading securities, at fair value 55 55
Other invested assets: 4 5
Cash equivalents 0 0
Segregated securities 0 0
Amounts due from reinsurer 10,676 10,423
GMIB reinsurance contracts fair value disclosure 629 490
Separate accounts assets 1 1
Total Assets 13,596 13,425
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option 0 0
Contingent payment arrangements 248 247
Total Liabilities 15,309 16,013
Recurring | Level 3 | Corporate    
Investments:    
Fixed maturities, AFS at fair value 1,950 2,121
Recurring | Level 3 | U.S. Treasury, government and agency    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 3 | States and political subdivisions    
Investments:    
Fixed maturities, AFS at fair value 28 28
Recurring | Level 3 | Foreign governments    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 3 | RMBS    
Investments:    
Fixed maturities, AFS at fair value 0 34
Recurring | Level 3 | Asset-backed    
Investments:    
Fixed maturities, AFS at fair value 12 0
Recurring | Level 3 | Commercial mortgage-backed    
Investments:    
Fixed maturities, AFS at fair value 34 32
Recurring | Level 3 | Redeemable preferred stock    
Investments:    
Fixed maturities, AFS at fair value 0 0
Recurring | Level 3 | Short-term investments    
Investments:    
Other invested assets: 0 0
Recurring | Level 3 | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 4 5
Recurring | Level 3 | Swaps    
Investments:    
Other invested assets: 0 0
Recurring | Level 3 | Credit default swaps    
Investments:    
Other invested assets: 0 0
Recurring | Level 3 | Futures    
Investments:    
Other invested assets: 0 0
Recurring | Level 3 | Options    
Investments:    
Other invested assets: 0 0
Recurring | Level 3 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 0 0
Recurring | NAV    
Investments:    
Separate accounts assets 425 456
Variable Interest Entity, Primary Beneficiary | Recurring    
Liabilities:    
Guarantees 16 22
Liabilities for market risk benefits 15,061 15,766
Variable Interest Entity, Primary Beneficiary | Recurring | Level 1    
Liabilities:    
Guarantees 15 15
Liabilities for market risk benefits 0 0
Variable Interest Entity, Primary Beneficiary | Recurring | Level 2    
Liabilities:    
Guarantees 1 7
Liabilities for market risk benefits 0 0
Variable Interest Entity, Primary Beneficiary | Recurring | Level 3    
Liabilities:    
Guarantees 0 0
Liabilities for market risk benefits $ 15,061 $ 15,766
[1] See Note 2 of the Notes to these Consolidated Financial Statements for details of balances with VIEs.