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Fair Value of Assets and Liabilities Fair Value of Assets and Liabilities (Financial Instruments where Carrying Amounts and Fair Values May Differ) (Details) - USD ($) $ in Millions | Mar. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Reported Value Measurement [Member] |  |  |
Assets |  |  |
Mortgage loans on real estate (net of valuation allowances) | [1] | $ 6,535 | $ 6,283
Policy loans | [1] | 1,221 | 1,234
Funds withheld at interest | [1] | 6,672 | 6,747
Cash and cash equivalents | [1] | 1,735 | 1,810
Short-term investments | [1] | 47 | 23
Other invested assets | [1] | 954 | 910
Accrued investment income | [1] | 578 | 533
Liabilities |  |  |
Interest-sensitive contract liabilities | [1] | 20,834 | 18,625
Funds Held under Reinsurance Agreements, Liability | [1] | 1,646 | 1,658
Long-term debt | [1] | 3,667 | 3,667
Collateral finance and securitization notes | [1] | 166 | 180
Estimate of Fair Value Measurement [Member] |  |  |
Assets |  |  |
Mortgage loans on real estate (net of valuation allowances) |  | 6,382 | 6,580
Policy loans |  | 1,221 | 1,234
Funds withheld at interest |  | 6,795 | 7,075
Cash and cash equivalents |  | 1,735 | 1,810
Short-term investments |  | 47 | 23
Other invested assets |  | 900 | 907
Accrued investment income |  | 578 | 533
Liabilities |  |  |
Interest-sensitive contract liabilities |  | 21,046 | 19,540
Funds Held under Reinsurance Agreements, Liability |  | 1,556 | 1,657
Long-term Debt, Fair Value |  | 3,614 | 3,886
Collateral finance and securitization notes |  | 141 | 153
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 1 Member |  |  |
Assets |  |  |
Mortgage loans on real estate (net of valuation allowances) |  | 0 | 0
Policy loans |  | 0 | 0
Funds withheld at interest |  | 0 | 0
Cash and cash equivalents |  | 1,735 | 1,810
Short-term investments |  | 47 | 23
Other invested assets |  | 5 | 6
Accrued investment income |  | 0 | 0
Liabilities |  |  |
Interest-sensitive contract liabilities |  | 0 | 0
Funds Held under Reinsurance Agreements, Liability |  | 0 | 0
Long-term Debt, Fair Value |  | 0 | 0
Collateral finance and securitization notes |  | 0 | 0
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 2 Member |  |  |
Assets |  |  |
Mortgage loans on real estate (net of valuation allowances) |  | 0 | 0
Policy loans |  | 1,221 | 1,234
Funds withheld at interest |  | 0 | 0
Cash and cash equivalents |  | 0 | 0
Short-term investments |  | 0 | 0
Other invested assets |  | 58 | 70
Accrued investment income |  | 578 | 533
Liabilities |  |  |
Interest-sensitive contract liabilities |  | 0 | 0
Funds Held under Reinsurance Agreements, Liability |  | 0 | 0
Long-term Debt, Fair Value |  | 0 | 0
Collateral finance and securitization notes |  | 0 | 0
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 3 Member |  |  |
Assets |  |  |
Mortgage loans on real estate (net of valuation allowances) |  | 6,382 | 6,580
Policy loans |  | 0 | 0
Funds withheld at interest |  | 6,795 | 7,075
Cash and cash equivalents |  | 0 | 0
Short-term investments |  | 0 | 0
Other invested assets |  | 837 | 831
Accrued investment income |  | 0 | 0
Liabilities |  |  |
Interest-sensitive contract liabilities |  | 21,046 | 19,540
Funds Held under Reinsurance Agreements, Liability |  | 1,556 | 1,657
Long-term Debt, Fair Value |  | 3,614 | 3,886
Collateral finance and securitization notes |  | 141 | 153
Mortgage loans on real estate (net of valuation allowances) |  | 6,535 | 6,283
Policy loans |  | 1,221 | 1,234
Funds withheld at interest |  | 6,737 | 6,954
Cash and cash equivalents |  | 2,709 | 2,948
Short-term investments |  | 315 | 87
Other invested assets |  | 3,033 | 3,070
Accrued investment income |  | 578 | 533
Interest-sensitive contract liabilities |  | 28,083 | 26,377
Funds Held under Reinsurance Agreements, Liability |  | 147 | 61
Long-term debt |  | 3,667 | 3,667
Fair Value Inputs Level 1 Member |  |  |
Liabilities |  |  |
Funds Held under Reinsurance Agreements, Liability |  | 0 | 0
Fair Value Inputs Level 2 Member |  |  |
Liabilities |  |  |
Funds Held under Reinsurance Agreements, Liability |  | 0 | 0
Fair Value Inputs Level 3 Member |  |  |
Liabilities |  |  |
Funds Held under Reinsurance Agreements, Liability |  | $ 147 | $ 61
[1] | Carrying values presented herein may differ from those in the Company’s condensed consolidated balance sheets because certain items within the respective financial statement captions may be measured at fair value on a recurring basis.

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- Definition Amount before allowance of loans made to policy and contract holders using their life insurance contracts' cash value or separate accounts as collateral. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums over and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(e)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.7(a)(7)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
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