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FAIR VALUE DISCLOSURES - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Investments    
Fixed maturities, AFS: $ 67,030 $ 63,361
Fixed maturities, at fair value using the fair value option [1] 1,654 1,508
Purchased market risk benefits 9,427 10,423
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option [1] 1,559 1,150
Liability for market risk benefits 14,612 15,766
Accrued interest payable for notes issued by consolidated variable interest entity 20 15
Short-term debt 254 759
Carrying Value | CLO Warehouse Debt    
Liabilities:    
Short-term debt 0 239
Carrying Value | Other liabilities    
Investments    
Other equity investments 4 12
U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 4,631 5,837
States and political subdivisions    
Investments    
Fixed maturities, AFS: 549 527
Foreign governments    
Investments    
Fixed maturities, AFS: 611 836
Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 2,355 822
Asset-backed    
Investments    
Fixed maturities, AFS: 11,001 8,490
Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 3,082 3,235
Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 59 43
Recurring    
Investments    
Fixed maturities, AFS: 67,030 63,361
Fixed maturities, at fair value using the fair value option 1,654 1,508
Other equity investments 735 723
Trading securities 1,057 677
Other invested assets: 10,736 5,229
Cash equivalents 6,595 2,887
Segregated securities 868 1,522
Purchased market risk benefits 9,427 10,423
Assets for market risk benefits 591 490
Separate Accounts assets 126,723 114,181
Total Assets 225,416 201,001
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option 1,539 1,374
Liability for market risk benefits 14,612 15,766
Contingent payment arrangements 253 247
Total Liabilities 27,152 21,573
Recurring | Variable Interest Entity, Primary Beneficiary    
Liabilities:    
Guarantees 3 22
Recurring | Corporate    
Investments    
Fixed maturities, AFS: 44,742 43,571
Recurring | U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 4,631 5,837
Recurring | States and political subdivisions    
Investments    
Fixed maturities, AFS: 549 527
Recurring | Foreign governments    
Investments    
Fixed maturities, AFS: 611 836
Recurring | Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 2,355 822
Recurring | Asset-backed    
Investments    
Fixed maturities, AFS: 11,001 8,490
Recurring | Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 3,082 3,235
Recurring | Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 59 43
Recurring | Short-term investments    
Investments    
Other invested assets: 429 943
Recurring | Assets of consolidated VIEs/VOEs    
Investments    
Other invested assets: 414 529
Recurring | Swaps    
Investments    
Other invested assets: (190) (425)
Recurring | Credit default swaps    
Investments    
Other invested assets: 3 9
Recurring | Futures    
Investments    
Other invested assets: (4) 2
Recurring | Options    
Investments    
Other invested assets: 10,084 4,171
Recurring | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 10,745 4,164
Recurring | Level 1    
Investments    
Fixed maturities, AFS: 0 0
Fixed maturities, at fair value using the fair value option 0 0
Other equity investments 217 214
Trading securities 321 290
Other invested assets: 57 133
Cash equivalents 5,901 2,386
Segregated securities 0 0
Purchased market risk benefits 0 0
Assets for market risk benefits 0 0
Separate Accounts assets 124,099 111,744
Total Assets 130,595 114,767
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option 0 0
Liability for market risk benefits 0 0
Contingent payment arrangements 0 0
Total Liabilities 1 15
Recurring | Level 1 | Variable Interest Entity, Primary Beneficiary    
Liabilities:    
Guarantees 1 15
Recurring | Level 1 | Corporate    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | States and political subdivisions    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Foreign governments    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Asset-backed    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 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: 61 131
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: (4) 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: 64,791 61,146
Fixed maturities, at fair value using the fair value option 1,473 1,284
Other equity investments 464 497
Trading securities 675 332
Other invested assets: 10,676 5,091
Cash equivalents 694 501
Segregated securities 868 1,522
Purchased market risk benefits 0 0
Assets for market risk benefits 0 0
Separate Accounts assets 2,624 2,436
Total Assets 82,265 72,809
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option 1,539 1,374
Liability for market risk benefits 0 0
Contingent payment arrangements 0 0
Total Liabilities 12,286 5,545
Recurring | Level 2 | Variable Interest Entity, Primary Beneficiary    
Liabilities:    
Guarantees 2 7
Recurring | Level 2 | Corporate    
Investments    
Fixed maturities, AFS: 42,584 41,450
Recurring | Level 2 | U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 4,631 5,837
Recurring | Level 2 | States and political subdivisions    
Investments    
Fixed maturities, AFS: 522 499
Recurring | Level 2 | Foreign governments    
Investments    
Fixed maturities, AFS: 611 836
Recurring | Level 2 | Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 2,355 788
Recurring | Level 2 | Asset-backed    
Investments    
Fixed maturities, AFS: 10,954 8,490
Recurring | Level 2 | Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 3,075 3,203
Recurring | Level 2 | Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 59 43
Recurring | Level 2 | Short-term investments    
Investments    
Other invested assets: 429 943
Recurring | Level 2 | Assets of consolidated VIEs/VOEs    
Investments    
Other invested assets: 350 393
Recurring | Level 2 | Swaps    
Investments    
Other invested assets: (190) (425)
Recurring | Level 2 | Credit default swaps    
Investments    
Other invested assets: 3 9
Recurring | Level 2 | Futures    
Investments    
Other invested assets: 0 0
Recurring | Level 2 | Options    
Investments    
Other invested assets: 10,084 4,171
Recurring | Level 2 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 10,745 4,164
Recurring | Level 3    
Investments    
Fixed maturities, AFS: 2,239 2,215
Fixed maturities, at fair value using the fair value option 181 224
Other equity investments 54 12
Trading securities 61 55
Other invested assets: 3 5
Cash equivalents 0 0
Segregated securities 0 0
Purchased market risk benefits 9,427 10,423
Assets for market risk benefits 591 490
Separate Accounts assets 0 1
Total Assets 12,556 13,425
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option 0 0
Liability for market risk benefits 14,612 15,766
Contingent payment arrangements 253 247
Total Liabilities 14,865 16,013
Recurring | Level 3 | Variable Interest Entity, Primary Beneficiary    
Liabilities:    
Guarantees 0 0
Recurring | Level 3 | Corporate    
Investments    
Fixed maturities, AFS: 2,158 2,121
Recurring | Level 3 | U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 3 | States and political subdivisions    
Investments    
Fixed maturities, AFS: 27 28
Recurring | Level 3 | Foreign governments    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 3 | Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 0 34
Recurring | Level 3 | Asset-backed    
Investments    
Fixed maturities, AFS: 47 0
Recurring | Level 3 | Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 7 32
Recurring | Level 3 | Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 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: 3 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 $ 371 $ 456
[1] See Note 2 of the Notes to these Consolidated Financial Statements for details of balances with VIEs.