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v3.22.2.2

Fair Value of Financial Instruments (Fair Value Measured On A Recurring Basis Reconciliation) (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | $ 6,446 | $ 9,413 | $ 4,645 | $ 6,441
Items Included in Net Income | 373 | (15) | 2,486 | 1,811
Gains (Losses) in OCI and Other | (595) | (84) | (1,670) | (131)
Issuances, Sales, Maturities, Settlements, Calls, Net | 6 | 252 | 815 | 761
Transfers Into or Out of Level 3, Net | (161) | (4,493) | (207) | (3,809)
Ending Fair Value | 6,069 | 5,073 | 6,069 | 5,073
Corporate Bonds [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 5,476 | 5,429 | 5,720 | 5,121
Items Included in Net Income | 1 | 1 | 2 | 4
Gains (Losses) in OCI and Other | (513) | (88) | (1,523) | (139)
Issuances, Sales, Maturities, Settlements, Calls, Net | 65 | 55 | 716 | 440
Transfers Into or Out of Level 3, Net | (16) | (25) | 98 | (54)
Ending Fair Value | 5,013 | 5,372 | 5,013 | 5,372
U.S. Government Bonds [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value |  |  |  | 5
Issuances, Sales, Maturities, Settlements, Calls, Net |  |  |  | (5)
Foreign Government Bonds [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 37 | 43 | 41 | 74
Items Included in Net Income |  |  |  |
Gains (Losses) in OCI and Other | (3) | (3) | (7) | (11)
Issuances, Sales, Maturities, Settlements, Calls, Net |  | 66 |  | 80
Transfers Into or Out of Level 3, Net |  |  |  | (37)
Ending Fair Value | 34 | 106 | 34 | 106
RMBS [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 1 | 1 | 4 | 2
Items Included in Net Income |  |  |  | (1)
Issuances, Sales, Maturities, Settlements, Calls, Net | 9 |  | 21 |
Transfers Into or Out of Level 3, Net |  |  | (15) |
Ending Fair Value | 10 | 1 | 10 | 1
CMBS [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value |  | 9 |  |
Items Included in Net Income |  |  |  | 1
Gains (Losses) in OCI and Other |  |  |  |
Issuances, Sales, Maturities, Settlements, Calls, Net |  |  | 17 | 8
Transfers Into or Out of Level 3, Net |  | (8) | (17) | (8)
Ending Fair Value |  | 1 |  | 1
ABS [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 1,153 | 630 | 870 | 570
Items Included in Net Income |  |  |  | 1
Gains (Losses) in OCI and Other | (38) | (2) | (98) | (5)
Issuances, Sales, Maturities, Settlements, Calls, Net | 123 | 144 | 576 | 426
Transfers Into or Out of Level 3, Net | (147) | (38) | (257) | (258)
Ending Fair Value | 1,091 | 734 | 1,091 | 734
Hybrid And Redeemable Preferred Securities [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 104 | 102 | 93 | 104
Items Included in Net Income | (2) |  | (2) |
Gains (Losses) in OCI and Other | (37) | 6 | (26) | 18
Issuances, Sales, Maturities, Settlements, Calls, Net | (6) | (27) | (6) | (41)
Transfers Into or Out of Level 3, Net |  |  |  |
Ending Fair Value | 59 | 81 | 59 | 81
Trading Securities [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 620 | 630 | 828 | 644
Items Included in Net Income | (24) | 3 | (82) | 2
Gains (Losses) in OCI and Other |  |  |  |
Issuances, Sales, Maturities, Settlements, Calls, Net | 3 | (33) | (143) | (31)
Transfers Into or Out of Level 3, Net | 3 |  | (1) | (15)
Ending Fair Value | 602 | 600 | 602 | 600
Equity Securities [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 145 | 82 | 95 | 59
Items Included in Net Income | 24 | 5 | 56 | 31
Issuances, Sales, Maturities, Settlements, Calls, Net | (1) |  | 17 | (3)
Ending Fair Value | 168 | 87 | 168 | 87
Mortgage Loans On Real Estate [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 528 | 818 | 739 | 832
Items Included in Net Income | (1) | 4 | (16) | 11
Gains (Losses) in OCI and Other | (4) | 3 | (10) | 6
Issuances, Sales, Maturities, Settlements, Calls, Net | (28) | (33) | (218) | (57)
Ending Fair Value | 495 | 792 | 495 | 792
Derivative Investments [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 3 | 1 | 21 | 1,542
Items Included in Net Income | 3 |  | 5 | 1,249
Gains (Losses) in OCI and Other |  |  | (6) |
Issuances, Sales, Maturities, Settlements, Calls, Net |  |  |  | (132)
Transfers Into or Out of Level 3, Net | (1) |  | (15) | (2,658)
Ending Fair Value | 5 | 1 | 5 | 1
GLB Direct Embedded Derivatives [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 1,400 | 1,767 | 1,963 | 450
Items Included in Net Income | 42 | (69) | (521) | 1,248
Ending Fair Value | 1,442 | 1,698 | 1,442 | 1,698
GLB Ceded Embedded Derivatives [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 41 | 53 | 56 | 82
Items Included in Net Income | (4) | 2 | (19) | (27)
Ending Fair Value | 37 | 55 | 37 | 55
Indexed Annuity Ceded Embedded Derivatives [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | 440 |  | 528 | 550
Items Included in Net Income | (47) | (14) | (214) | 17
Issuances, Sales, Maturities, Settlements, Calls, Net | 63 | (6) | 142 | (60)
Transfers Into or Out of Level 3, Net |  | 515 |  | (12)
Ending Fair Value | 456 | 495 | 456 | 495
Indexed Annuity And IUL Contracts [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | (3,366) |  | (6,131) | (3,594)
Items Included in Net Income | 394 | 47 | 3,244 | (579)
Issuances, Sales, Maturities, Settlements, Calls, Net | (222) | 86 | (307) | 136
Transfers Into or Out of Level 3, Net |  | (4,937) |  | (767)
Ending Fair Value | (3,194) | (4,804) | (3,194) | (4,804)
Other Liabilities, GLB Ceded Embedded Derivatives [Member] |  |  |  |
Level 3 Unobservable Input Reconciliation |  |  |  |
Beginning Fair Value | (136) | (152) | (182) |
Items Included in Net Income | (13) | 6 | 33 | (146)
Ending Fair Value | $ (149) | $ (146) | $ (149) | $ (146)

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