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Summary of Balances of and Changes in Market Risk Benefits (Detail) - USD ($)
$ in Millions
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Market Risk Benefit [Line Items]    
Beginning balance $ 582  
Ending balance 446 $ 582
Fixed Indexed Annuities    
Market Risk Benefit [Line Items]    
Beginning balance 55 52
Beginning balance before effect of changes in instrument-specific credit risk 52 50
Issuances 0 0
Interest accretion 1 3
Attributed fees collected 3 5
Benefit payments 0 0
Effect of changes in interest rates (10) (2)
Effect of changes in equity markets (1) (2)
Actual policyholder behavior different from expected behavior (2) (2)
Effect of changes in future expected policyholder behavior 0 0
Effect of changes in other future expected assumptions 0 0
Other (2) 0
Ending balance before effect of changes in instrument-specific credit risk 41 52
Effect of changes in instrument-specific credit risk 2 3
Ending balance 43 55
Less: reinsurance recoverable 0 0
Market risk benefits, net of reinsurance recoverable $ 43 $ 55
Weighted-average attained age of contractholders 73 years 73 years
Net amount at risk [1]
Variable Annuities    
Market Risk Benefit [Line Items]    
Beginning balance 527 670
Beginning balance before effect of changes in instrument-specific credit risk 520 660
Issuances 0 0
Interest accretion 14 34
Attributed fees collected 19 37
Benefit payments (15) (35)
Effect of changes in interest rates (78) (33)
Effect of changes in equity markets (64) (157)
Actual policyholder behavior different from expected behavior 2 8
Effect of changes in future expected policyholder behavior 0 11
Effect of changes in other future expected assumptions 0 0
Other 0 (5)
Ending balance before effect of changes in instrument-specific credit risk 398 520
Effect of changes in instrument-specific credit risk 5 7
Ending balance 403 527
Less: reinsurance recoverable 117 140
Market risk benefits, net of reinsurance recoverable $ 286 $ 387
Weighted-average attained age of contractholders 76 years 76 years
Net amount at risk [1]
Reinsurance recoverable    
Market Risk Benefit [Line Items]    
Beginning balance [2] 140 158
Beginning balance before effect of changes in instrument-specific credit risk [2] 140 158
Issuances [2] 0 0
Interest accretion [2] 4 9
Attributed fees collected [2] 4 8
Benefit payments [2] (7) (15)
Effect of changes in interest rates [2] (14) (5)
Effect of changes in equity markets [2] (13) (31)
Actual policyholder behavior different from expected behavior [2] 3 5
Effect of changes in future expected policyholder behavior [2] 0 11
Effect of changes in other future expected assumptions [2] 0 0
Other [2] 0 0
Ending balance before effect of changes in instrument-specific credit risk [2] 117 140
Effect of changes in instrument-specific credit risk [2] 0 0
Ending balance [2] 117 140
Net amount at risk [1],[2]
[1] See note 9 for additional information on the net amount at risk.
[2] Represents the net reinsured asset related to our variable annuity MRBs.