XML 86 R69.htm IDEA: XBRL DOCUMENT v3.23.1
SIGNIFICANT ACCOUNTING POLICIES - Schedule of Deferred Policy Acquisition Costs (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Jan. 01, 2021
Dec. 31, 2020
Dec. 31, 2019
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC $ 6,369 $ 6,113 $ 5,607 $ 4,243 $ 5,840
Closed Block Liabilities 5,760 5,983      
As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       4,198  
Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC     1,548 1,409  
Closed Block Liabilities         136
Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC         $ 3
Term | Protection Solutions          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC 362 385 403    
Term | Protection Solutions | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       403  
Term | Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       0  
UL | Protection Solutions          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC 179 180 177    
UL | Protection Solutions | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       0  
UL | Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       177  
VUL | Protection Solutions          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC 889 799 714    
VUL | Protection Solutions | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       0  
VUL | Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       714  
IUL | Protection Solutions          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC 185 180 162    
IUL | Protection Solutions | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       0  
IUL | Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       162  
GMxB Legacy | Legacy Segment          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC 593 631 667    
GMxB Legacy | Legacy Segment | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       654  
GMxB Legacy | Legacy Segment | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       13  
GMxB Core | Individual Retirement          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC     1,646    
GMxB Core | Individual Retirement | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       1,635  
GMxB Core | Individual Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       11  
EI | Individual Retirement          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC 156 156 154    
EI | Individual Retirement | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       134  
EI | Individual Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       20  
IE | Individual Retirement          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC 148 121 94    
IE | Individual Retirement | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       95  
IE | Individual Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       (1)  
SCS | Individual Retirement          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC     855    
SCS | Individual Retirement | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       645  
SCS | Individual Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       210  
EG | Group Retirement          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC 710 677 634    
EG | Group Retirement | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       553  
EG | Group Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       81  
Momentum | Group Retirement          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC $ 89 $ 94 $ 101    
Momentum | Group Retirement | As Previously Reported          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       79  
Momentum | Group Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12          
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]          
DAC       $ 22