XML 127 R99.htm IDEA: XBRL DOCUMENT v3.24.0.1
DAC AND OTHER DEFERRED ASSETS/LIABILITIES - DAC Costs (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year $ 6,369   $ 5,607
Balance, end of year 6,705 $ 6,369  
Other      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Amortization (4) (3) (3)
Corporate Segment      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 6,342 6,084 5,757
Capitalization 976 841 876
Amortization (637) (583) (549)
Balance, end of year 6,681 6,342 6,084
Protection Solutions | Term      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 362 385 403
Capitalization 14 18 26
Amortization (39) (41) (44)
Balance, end of year 337 362 385
Protection Solutions | UL      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 179 180 177
Capitalization 7 11 15
Amortization (12) (12) (12)
Balance, end of year 174 179 180
Protection Solutions | VUL      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 889 799 714
Capitalization 155 142 133
Amortization (57) (52) (48)
Balance, end of year 987 889 799
Protection Solutions | IUL      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 185 180 162
Capitalization 14 16 28
Amortization (11) (11) (10)
Balance, end of year 188 185 180
Individual Retirement | GMxB Core      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 1,625 1,653 1,646
Capitalization 121 109 141
Amortization (144) (137) (134)
Balance, end of year 1,602 1,625 1,653
Individual Retirement | EI      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 156 156 154
Capitalization 11 12 15
Amortization (12) (12) (13)
Balance, end of year 155 156 156
Individual Retirement | IE      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 148 121 94
Capitalization 38 40 38
Amortization (14) (13) (11)
Balance, end of year 172 148 121
Individual Retirement | SCS      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 1,279 1,070 855
Capitalization 507 378 350
Amortization (215) (169) (135)
Balance, end of year 1,571 1,279 1,070
Legacy Segment | GMxB Legacy      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 593 631 667
Capitalization 26 27 30
Amortization (64) (65) (66)
Balance, end of year 555 593 631
Group Retirement | EG      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 710 677 634
Capitalization 73 74 84
Amortization (41) (41) (41)
Balance, end of year 742 710 677
Group Retirement | Momentum      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 89 94 101
Capitalization 10 14 16
Amortization (17) (19) (23)
Balance, end of year 82 89 94
Corporate & Other | CB      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year 127 138 150
Capitalization 0 0 0
Amortization (11) (11) (12)
Balance, end of year $ 116 $ 127 $ 138