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MARKET RISK BENEFITS - Changes in the Market Risk Benefits for Deferred Variable Annuities (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2020
Market Risk Benefit [Roll Forward]        
Changes in the instrument-specific credit risk $ 1,855   $ 668 $ 23,784
Balance, end of the period 938 $ 1,573    
GMxB Core        
Market Risk Benefit [Roll Forward]        
Net amount at risk 3,287 1,787    
GMxB Legacy        
Market Risk Benefit [Roll Forward]        
Net amount at risk 21,472 17,987    
Purchased MRB        
Market Risk Benefit [Roll Forward]        
Net amount at risk 10,045 7,657    
Individual Retirement | GMxB Core        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period 530 1,061    
Balance BOP before changes in the instrument specific credit risk 529 666    
Model changes and effect of changes in cash flow assumptions 0 0    
Actual market movement effect (211) 328    
Interest accrual 18 5    
Attributed fees accrued 95 92    
Benefit payments (12) (5)    
Actual policyholder behavior different from expected behavior 7 1    
Changes in future economic assumptions 125 (542)    
Issuances (1) (5)    
Balance EOP before changes in the instrument-specific credit risk 550 540    
Changes in the instrument-specific credit risk (233) (42)   $ 2,144
Balance, end of the period $ 317 $ 498    
Weighted-average crediting rate 63 years 8 months 12 days 62 years 9 months 18 days    
Net amount at risk $ 317   530  
Legacy | GMxB Legacy        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period 14,699 $ 20,236    
Balance BOP before changes in the instrument specific credit risk 15,314 19,719    
Model changes and effect of changes in cash flow assumptions 0 (87)    
Actual market movement effect (744) 1,098    
Interest accrual 197 104    
Attributed fees accrued 209 219    
Benefit payments (342) (251)    
Actual policyholder behavior different from expected behavior 21 33    
Changes in future economic assumptions 944 (2,934)    
Issuances 0 0    
Balance EOP before changes in the instrument-specific credit risk 15,599 17,901    
Changes in the instrument-specific credit risk (1,517) (970)    
Balance, end of the period $ 14,082 $ 16,931    
Weighted-average crediting rate 72 years 9 months 18 days 72 years 2 months 12 days    
Net amount at risk $ 3,413   $ 4,287  
Legacy | Purchased MRB        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period (10,415) $ (14,059)    
Balance BOP before changes in the instrument specific credit risk (10,358) (14,051)    
Model changes and effect of changes in cash flow assumptions 0 29    
Actual market movement effect 387 (399)    
Interest accrual (153) (61)    
Attributed fees accrued (83) (86)    
Benefit payments 185 136    
Actual policyholder behavior different from expected behavior (18) (15)    
Changes in future economic assumptions (530) 2,006    
Issuances 0 0    
Balance EOP before changes in the instrument-specific credit risk (10,570) (12,441)    
Changes in the instrument-specific credit risk (99) (66)    
Balance, end of the period $ (10,669) $ (12,507)    
Weighted-average crediting rate 67 years 8 months 12 days 67 years 1 month 6 days    
Legacy | Net Legacy        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period $ 4,284 $ 6,177    
Balance BOP before changes in the instrument specific credit risk 4,956 5,668    
Model changes and effect of changes in cash flow assumptions 0 (58)    
Actual market movement effect (357) 699    
Interest accrual 44 43    
Attributed fees accrued 126 133    
Benefit payments (157) (115)    
Actual policyholder behavior different from expected behavior 3 18    
Changes in future economic assumptions 414 (928)    
Issuances 0 0    
Balance EOP before changes in the instrument-specific credit risk 5,029 5,460    
Changes in the instrument-specific credit risk (1,616) (1,036)    
Balance, end of the period $ 3,413 $ 4,424