XML 45 R33.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Deferred Acquisition Costs (Tables)
 6 Months Ended
Jun. 30, 2024
Activity Impacting Deferred Acquisition Costs
The following tables present the balances of and changes in deferred acquisition costs as of and for the periods indicated:
 
 
  
June 30, 2024
 
(Amounts in millions)
  
Long-term

care

insurance
 
 
Life

insurance
 
 
Fixed

annuities
 
 
Variable

annuities
 
 
Total
 
Balance as of January 1
    $ 879     $ 941     $ 45     $ 98     $ 1,963  
Costs deferred
      —        —        —        —        —   
Amortization
      (28 )      (64 )      (4 )      (8 )      (104 ) 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Balance as of June 30
    $ 851     $ 877     $ 41     $ 90       1,859  
  
 
 
    
 
 
    
 
 
    
 
 
    
Enact segment
              25  
          
 
 
  
Total deferred acquisition costs
            $ 1,884  
          
 
 
  
 
  
December 31, 2023
 
(Amounts in millions)
  
Long-term

care

insurance
 
 
Life

insurance
 
 
Fixed

annuities
 
 
Variable

annuities
 
 
Total
 
Balance as of January 1
    $ 935     $ 1,080     $ 57     $ 113     $ 2,185  
Costs deferred
      1       —        —        —        1  
Amortization
      (57 )      (139 )      (12 )      (15 )      (223 ) 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Balance as of December 31
    $ 879     $ 941     $ 45     $ 98       1,963  
  
 
 
    
 
 
    
 
 
    
 
 
    
Enact segment
              25  
          
 
 
  
Total deferred acquisition costs
            $ 1,988