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DERIVATIVES - Financial Statement Impact of Derivatives By Category (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) $ (714) $ 615 $ (2,298) $ (1,143)
Net Investment Income 1,309 1,071 3,694 3,097
Total derivative instruments        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (714) 615 (2,298) (1,143)
Net Investment Income 5 2 (1) 8
Interest Credited To Policyholders Account Balances 42 8 19 (59)
AOCI (65) 41 (21) 71
Not Designated for Hedge Accounting        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 827 (463) 3,674 2,045
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Not Designated for Hedge Accounting | Currency swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (42) 28 (29) 9
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Not Designated for Hedge Accounting | Interest swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 143 (288) (110) (297)
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Not Designated for Hedge Accounting | Futures        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 85 (28) 376 (187)
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Not Designated for Hedge Accounting | Swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (737) 666 (1,951) (645)
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Not Designated for Hedge Accounting | Options        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 1,385 (868) 5,406 3,133
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Not Designated for Hedge Accounting | Futures        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (5) 26 (16) 36
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Not Designated for Hedge Accounting | Credit default swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (1) 0 (2) (5)
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Not Designated for Hedge Accounting | Currency forwards        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (1) 1 0 1
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 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  
Not Designated for Hedge Accounting | Total embedded derivatives        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (1,533) 1,082 (5,965) (3,173)
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Not Designated for Hedge Accounting | SCS, SIO, MSO and IUL Indexed Features        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (1,533) 1,082 (5,965) (3,173)
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Cash Flow Hedge | Designated for Hedge Accounting        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (8) (4) (7) (15)
Net Investment Income 5 2 (1) 8
Interest Credited To Policyholders Account Balances 42 8 19 (59)
AOCI (65) 41 (21) 71
Cash Flow Hedge | Designated for Hedge Accounting | Currency swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) (8) (12) (7) (2)
Net Investment Income 2 2 10 8
Interest Credited To Policyholders Account Balances 42 8 19 (59)
AOCI (60) 14 (22) 41
Cash Flow Hedge | Designated for Hedge Accounting | Interest swaps        
Derivatives, Fair Value [Line Items]        
Net Derivatives Gain (Losses) 0 8 0 (13)
Net Investment Income 3 0 (11) 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI $ (5) $ 27 $ 1 $ 30