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SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
 12 Months Ended
Dec. 31, 2023
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, 2023
Individual Retirement
Group Retirement
Investment Management and Research
Protection Solutions
Wealth ManagementLegacy
Corporate and Other
Elim-inations
Total
 
(in millions)
Deferred policy acquisition costs
$3,508 $825 $— $1,700 $— $555 $117 $— $6,705 
Policyholders’ account balances
53,447 12,520 — 14,844 — 618 14,244 — 95,673 
Future policy benefits and other policyholders' liabilities
906 — — 4,984 — 3,633 7,840 — 17,363 
Policy charges and premium revenue660 268 — 2,104 — 155 297 — 3,484 
Net derivative gains (losses)(2,333)(5)(16)(19)— — (43)19 (2,397)
Net investment income (loss)1,653 498 49 938 13 242 844 83 4,320 
Policyholders’ benefits and interest credited781 215 — 2,488 — 262 1,091 — 4,837 
Amortization of deferred policy acquisition costs388 59 — 120 — 63 11 — 641 
All other operating expenses (1)
(145)267 3,350 665 1,343 (954)596 (810)4,312 

AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2022

Individual Retirement
Group Retirement
Investment Management and Research
Protection Solutions
Wealth ManagementLegacy
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 revenue655 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 credited374 281 — 2,477 — 216 759 — 4,107 
Amortization of deferred policy acquisition costs334 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 ManagementLegacy
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 revenue726 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 credited291 303 — 2,451 — 227 735 — 4,007 
Amortization of deferred policy acquisition costs294 64 — 116 — 66 12 — 552 
All other operating expenses (1)
(857)354 3,238 590 1,390 (4,227)736 (778)446 
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(1)Operating expenses are allocated to segments.