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Commissions and Other Expenses (Tables) | 12 Months Ended
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Dec. 31, 2024
Commissions and Other Expenses [Abstract] |
Details Underlying Commissions and Other Expenses | Details underlying commissions and other expenses (in millions) were as follows:
| For the Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Commissions | $ | 2,141 |  |  | $ | 2,075 |  |  | $ | 2,189 |
General and administrative expenses | 2,738 |  |  | 2,543 |  |  | 2,407 |
DAC and VOBA deferrals, net of amortization | (138) |  |  | (174) |  |  | (352) |
Broker-dealer expenses | 219 |  |  | 526 |  |  | 536 |
Taxes, licenses and fees | 369 |  |  | 330 |  |  | 339 |
Expenses associated with reserve financing and LOCs | 125 |  |  | 114 |  |  | 108 |
Specifically identifiable intangible asset and |  |  |  |  |
other amortization | 96 |  |  | 44 |  |  | 65 |
Transaction and integration costs related to |  |  |  |  |
mergers, acquisitions and divestitures | 40 |  |  | 34 |  |  | – |
Total | $ | 5,590 |  |  | $ | 5,492 |  |  | $ | 5,292 |

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