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SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]  
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
SUPPLEMENTARY INSURANCE INFORMATION
AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2024
Individual Retirement
Group Retirement
Asset Management
Protection Solutions
Wealth ManagementLegacy
Corporate and Other
Elim-inations
Total
 
(in millions)
Deferred policy acquisition costs
$3,929 $851 $— $1,766 $— $517 $107 $— $7,170 
Policyholders’ account balances
70,899 12,569 — 14,899 — 226 12,372 — 110,965 
Future policy benefits and other policyholders’ liabilities
5,120 1 — 5,169 — — 7,323 — 17,613 
Policy charges and premium revenue864 317 — 2,134 — 41 301 — 3,657 
Net derivative gains (losses)(2,545)(12)(7)(5)— — (4)22 (2,551)
Net investment income (loss)2,466 567 13 1,043 17 58 636 96 4,896 
Policyholders’ benefits and interest credited1,532 215 — 2,435 — 34 979 — 5,195 
Amortization of deferred policy acquisition costs460 54 — 125 — 62 10 — 711 
All other operating expenses (1)
(50)296 3,364 662 1,552 (1,096)598 (906)4,420 

AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2023

Individual Retirement
Group Retirement
Asset Management
Protection Solutions
Wealth ManagementLegacy
Corporate and Other
Elim-inations
Total
 
(in millions)
Deferred policy acquisition costs
$3,508 $825 $— $1,700 $— $555 $117 $— $6,705 
Policyholders’ account balances
53,447 12,520 — 14,844 — 618 14,244 — 95,673 
Future policy benefits and other policyholders’ liabilities
906 — — 4,984 — 3,633 7,840 — 17,363 
Policy charges and premium revenue660 268 — 2,104 — 155 297 — 3,484 
Net derivative gains (losses)(2,333)(5)(16)(19)— — (43)19 (2,397)
Net investment income (loss)1,653 498 49 938 13 242 844 83 4,320 
Policyholders’ benefits and interest credited781 215 — 2,488 — 262 1,091 — 4,837 
Amortization of deferred policy acquisition costs388 59 — 120 — 63 11 — 641 
All other operating expenses (1)
(145)267 3,350 665 1,343 (954)596 (810)4,312 
AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2022
Individual Retirement
Group Retirement
Asset Management
Protection Solutions
Wealth ManagementLegacy
Corporate and Other
Elim-inations
Total
 
(in millions)
Deferred policy acquisition costs
$3,219 $800 $— $1,630 $— $593 $127 $— $6,369 
Policyholders’ account balances
40,102 13,141 — 14,939 — 688 14,996 — 83,866 
Future policy benefits and other policyholders' liabilities
891 1 — 4,870 — 2,700 8,141 — 16,603 
Policy charges and premium revenue655 318 — 2,018 — 139 318 — 3,448 
Net derivative gains (losses)851 (20)41 (16)— — 36 15 907 
Net investment income (loss)997 605 (108)961 2 242 521 95 3,315 
Policyholders’ benefits and interest credited374 281 — 2,477 — 216 759 — 4,107 
Amortization of deferred policy acquisition costs334 59 — 117 — 65 11 — 586 
All other operating expenses (1)
(102)277 3,255 685 1,311 (428)721 (760)4,959 
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(1)Operating expenses are allocated to segments.