XML 25 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Total Comprehensive Income - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Net premiums earned $ 47 $ 54 $ 66
Net investment income:      
Securities available-for-sale and short-term 74 103 196
Net investment income 139 122 227
Realized Investment Gains (Losses) 7 22 81
Derivative, Gain (Loss) on Derivative, Net 22 (50) (50)
Net realized gains (losses) on extinguishment of debt 33 0 0
Other income 27 3 134
Income (loss) on variable interest entities 7 5 38
Total revenues 282 156 496
Expenses:      
Losses and loss expenses (benefit) (88) 225 13
Intangible amortization 55 57 295
Operating expenses 126 92 103
Interest expense 187 222 269
Total expenses 281 596 680
Pre-tax income (loss) 2 (440) (183)
Provision (benefit) for income taxes 18 (3) 32
Net income (loss) (16) (437) (216)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest (1)    
Net income (loss) attributable to common stockholders (17) (437) (216)
Other comprehensive income (loss), after tax:      
Net income (loss) (16) (437) (216)
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, after Tax (1) 1 0
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax (1) (3) (1)
Total other comprehensive income (loss), net of income tax (21) 37 91
Total comprehensive income (loss) (38) (400) (125)
Less: comprehensive (loss) gain attributable to the noncontrolling interest:      
Total comprehensive income (loss) attributable to common stockholders $ (38) $ (400) $ (125)
Basic $ (0.61) $ (9.47) $ (4.69)
Diluted $ (0.61) $ (9.47) $ (4.69)
Weighted Average Number of Shares Outstanding, Basic 46,535,001 46,147,062 45,954,908
Weighted Average Number of Shares Outstanding, Diluted 46,535,001 46,147,062 45,954,908
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest $ (1)