XML 197 R177.htm IDEA: XBRL DOCUMENT v3.25.0.1
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]      
Deferred policy acquisition costs $ 7,170 $ 6,705 $ 6,369
Policyholders’ account balances 110,965 95,673 83,866
Future policy benefits and other policyholders’ liabilities 17,613 17,363 16,603
Policy charges and premium revenue 3,657 3,484 3,448
Net derivative gains (losses) (2,551) (2,397) 907
Net investment income (loss) 4,896 4,320 3,315
Policyholders’ benefits and interest credited 5,195 4,837 4,107
Amortization of deferred policy acquisition costs 711 641 586
All other operating expense 4,420 4,312 4,959
Operating Segments | Individual Retirement      
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]      
Deferred policy acquisition costs 3,929 3,508 3,219
Policyholders’ account balances 70,899 53,447 40,102
Future policy benefits and other policyholders’ liabilities 5,120 906 891
Policy charges and premium revenue 864 660 655
Net derivative gains (losses) (2,545) (2,333) 851
Net investment income (loss) 2,466 1,653 997
Policyholders’ benefits and interest credited 1,532 781 374
Amortization of deferred policy acquisition costs 460 388 334
All other operating expense (50) (145) (102)
Operating Segments | Group Retirement      
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]      
Deferred policy acquisition costs 851 825 800
Policyholders’ account balances 12,569 12,520 13,141
Future policy benefits and other policyholders’ liabilities 1 0 1
Policy charges and premium revenue 317 268 318
Net derivative gains (losses) (12) (5) (20)
Net investment income (loss) 567 498 605
Policyholders’ benefits and interest credited 215 215 281
Amortization of deferred policy acquisition costs 54 59 59
All other operating expense 296 267 277
Operating Segments | Asset Management      
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]      
Deferred policy acquisition costs 0 0 0
Policyholders’ account balances 0 0 0
Future policy benefits and other policyholders’ liabilities 0 0 0
Policy charges and premium revenue 0 0 0
Net derivative gains (losses) (7) (16) 41
Net investment income (loss) 13 49 (108)
Policyholders’ benefits and interest credited 0 0 0
Amortization of deferred policy acquisition costs 0 0 0
All other operating expense 3,364 3,350 3,255
Operating Segments | Protection Solutions      
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]      
Deferred policy acquisition costs 1,766 1,700 1,630
Policyholders’ account balances 14,899 14,844 14,939
Future policy benefits and other policyholders’ liabilities 5,169 4,984 4,870
Policy charges and premium revenue 2,134 2,104 2,018
Net derivative gains (losses) (5) (19) (16)
Net investment income (loss) 1,043 938 961
Policyholders’ benefits and interest credited 2,435 2,488 2,477
Amortization of deferred policy acquisition costs 125 120 117
All other operating expense 662 665 685
Operating Segments | Wealth Management      
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]      
Deferred policy acquisition costs 0 0 0
Policyholders’ account balances 0 0 0
Future policy benefits and other policyholders’ liabilities 0 0 0
Policy charges and premium revenue 0 0 0
Net derivative gains (losses) 0 0 0
Net investment income (loss) 17 13 2
Policyholders’ benefits and interest credited 0 0 0
Amortization of deferred policy acquisition costs 0 0 0
All other operating expense 1,552 1,343 1,311
Operating Segments | Legacy      
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]      
Deferred policy acquisition costs 517 555 593
Policyholders’ account balances 226 618 688
Future policy benefits and other policyholders’ liabilities 0 3,633 2,700
Policy charges and premium revenue 41 155 139
Net derivative gains (losses) 0 0 0
Net investment income (loss) 58 242 242
Policyholders’ benefits and interest credited 34 262 216
Amortization of deferred policy acquisition costs 62 63 65
All other operating expense (1,096) (954) (428)
Corporate and Other      
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]      
Deferred policy acquisition costs 107 117 127
Policyholders’ account balances 12,372 14,244 14,996
Future policy benefits and other policyholders’ liabilities 7,323 7,840 8,141
Policy charges and premium revenue 301 297 318
Net derivative gains (losses) (4) (43) 36
Net investment income (loss) 636 844 521
Policyholders’ benefits and interest credited 979 1,091 759
Amortization of deferred policy acquisition costs 10 11 11
All other operating expense 598 596 721
Eliminations      
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]      
Deferred policy acquisition costs 0 0 0
Policyholders’ account balances 0 0 0
Future policy benefits and other policyholders’ liabilities 0 0 0
Policy charges and premium revenue 0 0 0
Net derivative gains (losses) 22 19 15
Net investment income (loss) 96 83 95
Policyholders’ benefits and interest credited 0 0 0
Amortization of deferred policy acquisition costs 0 0 0
All other operating expense $ (906) $ (810) $ (760)