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SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION | 12 Months Ended
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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 | Wealth Management |  | Legacy |  | Corporate and Other |  | Elim-inations |  | Total
| (in millions)
Deferred policy acquisition costs | $ | 3,219 |  |  | $ | 800 |  |  | $ | — |  |  | $ | 1,630 |  | $ | — |  |  | $ | 593 |  |  | $ | 127 |  |  | $ | — |  |  | $ | 6,369 |
Policyholders’ account balances | 40,102 |  |  | 13,141 |  |  | — |  |  | 14,939 |  | — |  |  | 688 |  |  | 14,996 |  |  | — |  |  | 83,866 |
Future policy benefits and other policyholders' liabilities | 891 |  |  | 1 |  |  | — |  |  | 4,870 |  | — |  |  | 2,700 |  |  | 8,141 |  |  | — |  |  | 16,603 |
Policy charges and premium revenue | 655 |  |  | 318 |  |  | — |  |  | 2,018 |  | — |  |  | 139 |  |  | 318 |  |  | — |  |  | 3,448 |
Net derivative gains (losses) | 851 |  |  | (20) |  |  | 41 |  |  | (16) |  | — |  |  | — |  |  | 36 |  |  | 15 |  |  | 907 |
Net investment income (loss) | 997 |  |  | 605 |  |  | (108) |  |  | 961 |  | 2 |  |  | 242 |  |  | 521 |  |  | 95 |  |  | 3,315 |
Policyholders’ benefits and interest credited | 374 |  |  | 281 |  |  | — |  |  | 2,477 |  | — |  |  | 216 |  |  | 759 |  |  | — |  |  | 4,107 |
Amortization of deferred policy acquisition costs | 334 |  |  | 59 |  |  | — |  |  | 117 |  | — |  |  | 65 |  |  | 11 |  |  | — |  |  | 586 |
All other operating expenses (1) | (102) |  |  | 277 |  |  | 3,255 |  |  | 685 |  | 1,311 |  |  | (428) |  |  | 721 |  |  | (760) |  |  | 4,959 |
AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2021
| Individual Retirement |  | Group Retirement |  | Investment Management and Research |  | Protection Solutions | Wealth Management |  | Legacy |  | Corporate and Other |  | Elim-inations |  | Total
| (in millions)
Deferred policy acquisition costs | $ | 3,013 |  |  | $ | 771 |  |  | $ | — |  |  | $ | 1,559 |  | $ | — |  |  | $ | 631 |  |  | $ | 139 |  |  | $ | — |  |  | $ | 6,113 |
Policyholders’ account balances | 37,717 |  |  | 13,050 |  |  | — |  |  | 15,028 |  | — |  |  | 746 |  |  | 12,820 |  |  | — |  |  | 79,361 |
Future policy benefits and other policyholders' liabilities | 1,196 |  |  | — |  |  | — |  |  | 5,283 |  | — |  |  | 2,553 |  |  | 9,146 |  |  | — |  |  | 18,178 |
Policy charges and premium revenue | 726 |  |  | 370 |  |  | — |  |  | 1,950 |  | — |  |  | 335 |  |  | 347 |  |  | — |  |  | 3,728 |
Net derivative gains (losses) | (7,060) |  |  | (39) |  |  | (14) |  |  | (29) |  | — |  |  | — |  |  | (21) |  |  | 14 |  |  | (7,149) |
Net investment income (loss) | 796 |  |  | 751 |  |  | 25 |  |  | 1,095 |  | (1) |  |  | 424 |  |  | 674 |  |  | 82 |  |  | 3,846 |
Policyholders’ benefits and interest credited | 291 |  |  | 303 |  |  | — |  |  | 2,451 |  | — |  |  | 227 |  |  | 735 |  |  | — |  |  | 4,007 |
Amortization of deferred policy acquisition costs | 294 |  |  | 64 |  |  | — |  |  | 116 |  | — |  |  | 66 |  |  | 12 |  |  | — |  |  | 552 |
All other operating expenses (1) | (857) |  |  | 354 |  |  | 3,238 |  |  | 590 |  | 1,390 |  |  | (4,227) |  |  | 736 |  |  | (778) |  |  | 446 |
AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2020
| Individual Retirement |  | Group Retirement |  | Investment Management and Research |  | Protection Solutions | Wealth Management |  | Legacy |  |  | Corporate and Other |  | Elim-inations |  | Total
| (in millions)
Deferred policy acquisition costs (2) | $ | 2,597 |  |  | $ | 632 |  |  | $ | — |  |  | $ | 418 |  | $ | — |  |  | $ | 581 |  |  |  | $ | 15 |  |  | $ | — |  |  | $ | 4,243 |
Policyholders’ account balances (2) | 29,921 |  |  | 12,828 |  |  | — |  |  | 14,875 |  | — |  |  | 815 |  |  |  | 8,381 |  |  | — |  |  | 66,820 |
Future policy benefits and other policyholders' liabilities (2) | 3,323 |  |  | 9 |  |  | — |  |  | 5,031 |  | — |  |  | 21,889 |  |  |  | 9,629 |  |  | — |  |  | 39,881 |
Policy charges and premium revenue | 780 |  |  | 295 |  |  | — |  |  | 2,013 |  | — |  |  | 1,254 |  |  |  | 390 |  |  | — |  |  | 4,732 |
Net derivative gains (losses) | (2,059) |  |  | (2) |  |  | (36) |  |  | 413 |  | — |  |  | 60 |  |  |  | (111) |  |  | 13 |  |  | (1,722) |
Net investment income (loss) | 845 |  |  | 644 |  |  | 36 |  |  | 941 |  | — |  |  | 492 |  |  |  | 448 |  |  | 71 |  |  | 3,477 |
Policyholders’ benefits and interest credited | 2,015 |  |  | 305 |  |  | — |  |  | 2,372 |  | — |  |  | 1,071 |  |  |  | 785 |  |  | — |  |  | 6,548 |
Amortization of deferred policy acquisition costs | 281 |  |  | 73 |  |  | — |  |  | 1,220 |  | — |  |  | 40 |  |  |  | (1) |  |  | — |  |  | 1,613 |
All other operating expenses (1) | 357 |  |  | 283 |  |  | 2,815 |  |  | 420 |  | 1,130 |  |  | 341 |  |  |  | 674 |  |  | (673) |  |  | 5,347 |
_____________ (1)Operating expenses are allocated to segments. (2)Excludes amounts reclassified as HFS.

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- Definition The entire disclosure for supplementary insurance information by segment. Includes, but is not limited to, deferred policy acquisition cost; future policy benefit, loss, claim and loss expenses; unearned premium; other policy claim and benefit payable; premium revenue; net investment income; benefit, claim, loss and settlement expenses; amortization of deferred policy acquisition cost; other operating expense; and premium written. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 235 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-16) -URI https://asc.fasb.org/extlink&oid=120401096&loc=d3e574960-122915 + Details
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