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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 | Jun. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Reported Value Measurement [Member] |  |  |  |
Assets |  |  |  |
Mortgage loans on real estate (net of valuation allowances) | [1] | $ 7,984 | $ 7,377 |
Policy loans | [1] | 1,171 | 1,206 |
Funds withheld at interest | [1] | 5,776 | 6,005 |
Cash and cash equivalents | [1] | 1,566 | 1,635 |
Short-term investments | [1] | 31 | 35 |
Other invested assets | [1] | 1,033 | 1,019 |
Accrued investment income | [1] | 881 | 759 |
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures | [1] | 55 | 71 |
Liabilities |  |  |  |
Interest-sensitive contract liabilities | [1],[2] | 21,822 | 21,797 |
Funds Held under Reinsurance Agreements, Liability |  | 4,530 | 4,689 | [1]
Long-term debt | [1] | 5,067 | 4,427 |
Estimate of Fair Value Measurement [Member] |  |  |  |
Assets |  |  |  |
Mortgage loans on real estate (net of valuation allowances) |  | 7,582 | 6,975 |
Policy loans |  | 1,171 | 1,206 |
Funds withheld at interest |  | 5,386 | 5,547 |
Cash and cash equivalents |  | 1,566 | 1,635 |
Short-term investments |  | 31 | 35 |
Other invested assets |  | 843 | 841 |
Accrued investment income |  | 881 | 759 |
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures |  | 58 | 73 |
Liabilities |  |  |  |
Interest-sensitive contract liabilities | [2] | 21,366 | 21,665 |
Funds Held under Reinsurance Agreements, Liability |  | 4,276 | 4,400 |
Long-term Debt, Fair Value |  | 4,865 | 4,243 |
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 |  | 1,566 | 1,635 |
Short-term investments |  | 31 | 35 |
Other invested assets |  | 3 | 4 |
Accrued investment income |  | 0 | 0 |
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures |  | 0 | 0 |
Liabilities |  |  |  |
Interest-sensitive contract liabilities | [2] | 0 | 0 |
Funds Held under Reinsurance Agreements, Liability |  | 0 | 0 |
Long-term Debt, Fair Value |  | 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 |  | 1,171 | 1,206 |
Funds withheld at interest |  | 0 | 0 |
Cash and cash equivalents |  | 0 | 0 |
Short-term investments |  | 0 | 0 |
Other invested assets |  | 72 | 63 |
Accrued investment income |  | 881 | 759 |
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures |  | 0 | 0 |
Liabilities |  |  |  |
Interest-sensitive contract liabilities | [2] | 0 | 0 |
Funds Held under Reinsurance Agreements, Liability |  | 0 | 0 |
Long-term Debt, Fair Value |  | 0 | 0 |
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 3 Member |  |  |  |
Assets |  |  |  |
Mortgage loans on real estate (net of valuation allowances) |  | 7,582 | 6,975 |
Policy loans |  | 0 | 0 |
Funds withheld at interest |  | 5,386 | 5,547 |
Cash and cash equivalents |  | 0 | 0 |
Short-term investments |  | 0 | 0 |
Other invested assets |  | 768 | 774 |
Accrued investment income |  | 0 | 0 |
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures |  | 58 | 73 |
Liabilities |  |  |  |
Interest-sensitive contract liabilities | [2] | 21,366 | 21,665 |
Funds Held under Reinsurance Agreements, Liability |  | 4,276 | 4,400 |
Long-term Debt, Fair Value |  | 4,865 | 4,243 |
Mortgage loans on real estate (net of valuation allowances) |  | 7,984 | 7,377 |
Policy loans |  | 1,171 | 1,206 |
Funds withheld at interest |  | 5,556 | 5,683 |
Cash and cash equivalents |  | 4,596 | 2,970 |
Short-term investments |  | 335 | 222 |
Other invested assets |  | 1,148 | 1,171 |
Accrued investment income |  | 881 | 759 |
Interest-sensitive contract liabilities |  | 31,676 | 30,273 |
Funds Held under Reinsurance Agreements, Liability |  | 4,323 | 4,483 |
Long-term debt |  | 5,067 | 4,427 |
Reinsurance Recoverables, Gross |  | $ 2,100 | $ 2,200 |
[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.
[2] | Carrying values and estimated fair values presented herein include a reinsurance recoverable of $2.1 billion and $2.2 billion as of June 30, 2024 and December 31, 2023, respectively.

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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://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(e)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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