XML 114 R102.htm IDEA: XBRL DOCUMENT v3.24.1.u1
BUSINESS SEGMENT INFORMATION - Reconciliation of Operating Profit (Loss) from Segments to Consolidated (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Segment Reporting Information [Line Items]    
Net income (loss) attributable to Holdings $ 114 $ 177
Adjustments related to:    
Non-GAAP Operating Earnings 490 364
Decrease in deferred tax valuation allowance (3)  
Net Income    
Adjustments related to:    
Decrease in deferred tax valuation allowance   614
Adjustments    
Segment Reporting Information [Line Items]    
Net income (loss) attributable to Holdings 114 177
Adjustments related to:    
Variable annuity product features 319 861
Investment (gains) losses 39 87
Net actuarial (gains) losses related to pension and other postretirement benefit obligations 17 9
Other adjustments 91 45
Income tax expense (benefit) related to above adjustments (98) (210)
Non-recurring tax items 8 (605)
Gross legal expenses related to cost of insurance litigation 106  
Operating Segments | Individual Retirement    
Adjustments related to:    
Non-GAAP Operating Earnings 228 200
Operating Segments | Group Retirement    
Adjustments related to:    
Non-GAAP Operating Earnings 126 89
Operating Segments | Investment Management and Research    
Adjustments related to:    
Non-GAAP Operating Earnings 106 99
Operating Segments | Protection Solutions    
Adjustments related to:    
Non-GAAP Operating Earnings 41 (35)
Operating Segments | Wealth Management    
Adjustments related to:    
Non-GAAP Operating Earnings 43 32
Operating Segments | Legacy    
Adjustments related to:    
Non-GAAP Operating Earnings 51 60
Corporate and Other    
Adjustments related to:    
Non-GAAP Operating Earnings (105) (81)
Interest and debt expense $ 56 $ 67