XML 75 R63.htm IDEA: XBRL DOCUMENT v3.24.1.u1
DERIVATIVES - Financial Statement Impact of Derivatives By Category (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) $ (1,376) $ (841)
Net Investment Income 1,219 990
Total derivative instruments    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) (1,376) (841)
Net Investment Income 6 3
Interest Credited To Policyholders Account Balances (18) (34)
AOCI 9 (3)
Total embedded derivatives    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) (3,136) (1,611)
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
SCS, SIO, MSO and IUL Indexed Features    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) (3,136) (1,611)
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
Not Designated for Hedge Accounting    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) 1,760 767
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
Not Designated for Hedge Accounting | Currency swaps    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) 12 (10)
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
Not Designated for Hedge Accounting | Interest swaps    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) (164) 48
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
Not Designated for Hedge Accounting | Futures    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) 241 (143)
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
Not Designated for Hedge Accounting | Swaps    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) (1,115) (605)
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
Not Designated for Hedge Accounting | Options    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) 2,795 1,501
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
Not Designated for Hedge Accounting | Futures    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) (9) (22)
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
Not Designated for Hedge Accounting | Credit default swaps    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) (1) (2)
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 0 0
Not Designated for Hedge Accounting | Currency forwards    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) 1 0
Net Investment Income 0 0
Interest Credited To Policyholders Account Balances 0 0
AOCI 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) 0 3
Net Investment Income 6 3
Interest Credited To Policyholders Account Balances (18) (34)
AOCI 9 (3)
Cash Flow Hedge | Designated for Hedge Accounting | Currency swaps    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) 0 7
Net Investment Income 3 3
Interest Credited To Policyholders Account Balances (18) (34)
AOCI 16 25
Cash Flow Hedge | Designated for Hedge Accounting | Interest swaps    
Derivatives, Fair Value [Line Items]    
Net Derivatives Gain (Losses) 0 (4)
Net Investment Income 3 0
Interest Credited To Policyholders Account Balances 0 0
AOCI $ (7) $ (28)