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DERIVATIVES - Financial Statement Impact of Derivatives By Category (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses)   $ (2,397) $ 907 $ (7,149)
Net Investment Income   $ 4,320 3,315 3,846
Total derivative instruments        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) $ (2,397)   907 (7,243)
Net Investment Income 71   7 0
Interest Credited To Policyholders Account Balances (23)   (4) (45)
AOCI (52)   230 (82)
Settlement fee       45
Attributed fees       (7)
Policy reserve       55
Total embedded derivatives        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (6,044)   2,955 (3,835)
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
SCS, SIO, MSO and IUL Indexed Features        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (6,044)   2,955 (3,835)
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 3,669   (1,981) (3,337)
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting | Currency swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (23)   10 3
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting | Interest swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 12   (492) (2,317)
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting | Futures        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (73)   285 (567)
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting | Swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (1,990)   2,644 (3,614)
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting | Options        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 5,711   (2,750) 3,886
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting | Futures        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 39   (1,688) (728)
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting | Credit default swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (7)   7 (2)
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting | Currency forwards        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 0   3 2
Net Investment Income 0   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI 0   0 0
Not Designated for Hedge Accounting | Margin        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 0   0  
Net Investment Income 0   0  
Interest Credited To Policyholders Account Balances 0   0  
AOCI 0   0  
Not Designated for Hedge Accounting | Collateral        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 0   0  
Net Investment Income 0   0  
Interest Credited To Policyholders Account Balances 0   0  
AOCI 0   0  
Cash Flow Hedge | Designated for Hedge Accounting        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (22)   (67) (71)
Net Investment Income 71   7 0
Interest Credited To Policyholders Account Balances (23)   (4) (45)
AOCI (52)   230 (82)
Cash Flow Hedge | Designated for Hedge Accounting | Currency swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (4)   19 (2)
Net Investment Income 13   7 0
Interest Credited To Policyholders Account Balances (23)   (4) (45)
AOCI (12)   24 5
Cash Flow Hedge | Designated for Hedge Accounting | Interest swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (18)   (86) (69)
Net Investment Income 58   0 0
Interest Credited To Policyholders Account Balances 0   0 0
AOCI $ (40)   $ 206 $ (87)