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FAIR VALUE DISCLOSURES - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Investments:    
Fixed maturities, AFS at fair value $ 63,361 $ 78,216
Fixed maturities, at fair value using the fair value option [1] 1,508 1,641
Amounts due from reinsurer 10,423 14,074
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option [1] 1,150 1,191
Short-term debt 759 92
Accrued interest payable for notes issued by consolidated variable interest entity 15 6
Carrying Value | Other liabilities    
Investments:    
Other equity investments 12  
Carrying Value | CLO Warehouse Debt    
Liabilities:    
Short-term debt 239 92
U.S. Treasury, government and agency    
Investments:    
Fixed maturities, AFS at fair value 5,837 15,385
States and political subdivisions    
Investments:    
Fixed maturities, AFS at fair value 527 662
Foreign governments    
Investments:    
Fixed maturities, AFS at fair value 836 1,152
RMBS    
Investments:    
Fixed maturities, AFS at fair value 822 98
Asset-backed    
Investments:    
Fixed maturities, AFS at fair value 8,490 5,934
Commercial mortgage-backed    
Investments:    
Fixed maturities, AFS at fair value 3,235 2,421
Redeemable preferred stock    
Investments:    
Fixed maturities, AFS at fair value 43 53
Recurring    
Investments:    
Fixed maturities, AFS at fair value 63,361 78,216
Fixed maturities, at fair value using the fair value option 1,508 1,641
Other equity investments 723 784
Trading securities, at fair value 677 631
Other invested assets: 5,229 7,141
Cash equivalents 2,887 3,568
Segregated securities 1,522 1,504
Amounts due from reinsurer 10,423 14,074
GMIB reinsurance contracts asset 490 318
Separate Accounts assets 114,181 146,697
Total Assets 201,001 254,574
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option 1,374 1,277
Contingent payment arrangements 247 38
Total Liabilities 21,573 29,794
Recurring | Corporate    
Investments:    
Fixed maturities, AFS at fair value 43,571 52,511
Recurring | U.S. Treasury, government and agency    
Investments:    
Fixed maturities, AFS at fair value 5,837 15,385
Recurring | States and political subdivisions    
Investments:    
Fixed maturities, AFS at fair value 527 662
Recurring | Foreign governments    
Investments:    
Fixed maturities, AFS at fair value 836 1,152
Recurring | RMBS    
Investments:    
Fixed maturities, AFS at fair value 822 98
Recurring | Asset-backed    
Investments:    
Fixed maturities, AFS at fair value 8,490 5,934
Recurring | Commercial mortgage-backed    
Investments:    
Fixed maturities, AFS at fair value 3,235 2,421
Recurring | Redeemable preferred stock    
Investments:    
Fixed maturities, AFS at fair value 43 53
Recurring | Short-term investments    
Investments:    
Other invested assets: 943 30
Recurring | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 529 627
Recurring | Swaps    
Investments:    
Other invested assets: (425) (473)
Recurring | Credit default swaps    
Investments:    
Other invested assets: 9 (1)
Recurring | Futures    
Investments:    
Other invested assets: 2 (1)
Recurring | Options    
Investments:    
Other invested assets: 4,171 6,959
Recurring | Swaptions    
Investments:    
Other invested assets:   0
Recurring | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 4,164 6,773
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 214 322
Trading securities, at fair value 290 340
Other invested assets: 133 165
Cash equivalents 2,386 3,275
Segregated securities 0 0
Amounts due from reinsurer 0 0
GMIB reinsurance contracts asset 0 0
Separate Accounts assets 111,744 144,124
Total Assets 114,767 148,226
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option 0 0
Contingent payment arrangements 0 0
Total Liabilities 15 16
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: 131 166
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: 2 (1)
Recurring | Level 1 | Options    
Investments:    
Other invested assets: 0 0
Recurring | Level 1 | Swaptions    
Investments:    
Other invested assets:   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 61,146 76,649
Fixed maturities, at fair value using the fair value option 1,284 1,440
Other equity investments 497 457
Trading securities, at fair value 332 226
Other invested assets: 5,091 6,965
Cash equivalents 501 293
Segregated securities 1,522 1,504
Amounts due from reinsurer 0 0
GMIB reinsurance contracts asset 0 0
Separate Accounts assets 2,436 2,572
Total Assets 72,809 90,106
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option 1,374 1,277
Contingent payment arrangements 0 0
Total Liabilities 5,545 8,052
Recurring | Level 2 | Corporate    
Investments:    
Fixed maturities, AFS at fair value 41,450 51,007
Recurring | Level 2 | U.S. Treasury, government and agency    
Investments:    
Fixed maturities, AFS at fair value 5,837 15,385
Recurring | Level 2 | States and political subdivisions    
Investments:    
Fixed maturities, AFS at fair value 499 627
Recurring | Level 2 | Foreign governments    
Investments:    
Fixed maturities, AFS at fair value 836 1,152
Recurring | Level 2 | RMBS    
Investments:    
Fixed maturities, AFS at fair value 788 98
Recurring | Level 2 | Asset-backed    
Investments:    
Fixed maturities, AFS at fair value 8,490 5,926
Recurring | Level 2 | Commercial mortgage-backed    
Investments:    
Fixed maturities, AFS at fair value 3,203 2,401
Recurring | Level 2 | Redeemable preferred stock    
Investments:    
Fixed maturities, AFS at fair value 43 53
Recurring | Level 2 | Short-term investments    
Investments:    
Other invested assets: 943 30
Recurring | Level 2 | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 393 450
Recurring | Level 2 | Swaps    
Investments:    
Other invested assets: (425) (473)
Recurring | Level 2 | Credit default swaps    
Investments:    
Other invested assets: 9 (1)
Recurring | Level 2 | Futures    
Investments:    
Other invested assets: 0 0
Recurring | Level 2 | Options    
Investments:    
Other invested assets: 4,171 6,959
Recurring | Level 2 | Swaptions    
Investments:    
Other invested assets:   0
Recurring | Level 2 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 4,164 6,773
Recurring | Level 3    
Investments:    
Fixed maturities, AFS at fair value 2,215 1,567
Fixed maturities, at fair value using the fair value option 224 201
Other equity investments 12 5
Trading securities, at fair value 55 65
Other invested assets: 5 11
Cash equivalents 0 0
Segregated securities 0 0
Amounts due from reinsurer 10,423 14,074
GMIB reinsurance contracts asset 490 318
Separate Accounts assets 1 1
Total Assets 13,425 16,242
Liabilities:    
Notes issued by consolidated variable interest entity, fair value option 0 0
Contingent payment arrangements 247 38
Total Liabilities 16,013 21,726
Recurring | Level 3 | Corporate    
Investments:    
Fixed maturities, AFS at fair value 2,121 1,504
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 35
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 34 0
Recurring | Level 3 | Asset-backed    
Investments:    
Fixed maturities, AFS at fair value 0 8
Recurring | Level 3 | Commercial mortgage-backed    
Investments:    
Fixed maturities, AFS at fair value 32 20
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: 5 11
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 | Swaptions    
Investments:    
Other invested assets:   0
Recurring | Level 3 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 0 0
Recurring | NAV    
Investments:    
Separate Accounts assets 456 404
Variable Interest Entity, Primary Beneficiary | Recurring    
Liabilities:    
Guarantees 22 18
Liabilities for market risk benefits 15,766 21,688
Variable Interest Entity, Primary Beneficiary | Recurring | Level 1    
Liabilities:    
Guarantees 15 16
Liabilities for market risk benefits 0 0
Variable Interest Entity, Primary Beneficiary | Recurring | Level 2    
Liabilities:    
Guarantees 7 2
Liabilities for market risk benefits 0 0
Variable Interest Entity, Primary Beneficiary | Recurring | Level 3    
Liabilities:    
Guarantees 0 0
Liabilities for market risk benefits $ 15,766 $ 21,688
[1] See Note 2 of the Notes to these Consolidated Financial Statements for details of balances with VIEs.