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Segment Information
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information
16. Product and Geographic Information

We operate our core business strategies out of one reportable segment. We market annuity products, primarily fixed rate and fixed indexed annuities. Deposits, which are generally not included in revenues on the consolidated statements of income (loss), and premiums collected are as follows:
SuccessorPredecessor
(In millions)Year Ended December 31, 2022Year Ended December 31, 2021Year Ended December 31, 2020
Fixed indexed annuities$11,212 $8,408 $20,257 
Fixed rate annuities15,322 2,662 20,433 
Payouts without life contingencies490 542 545 
Funding agreements7,770 11,852 7,679 
Life and other deposits2 2 2 
Total deposits34,796 23,466 48,916 
Payouts with life contingencies11,606 14,217 5,911 
Life and other premiums32 45 52 
Total premiums11,638 14,262 5,963 
Total premiums and deposits, net of ceded$46,434 $37,728 $54,879 

Deposits and premiums by the geographical location are primarily attributed to individual countries based on the jurisdiction of the subsidiary that directly issued or assumed the business and are as follows:
SuccessorPredecessor
(In millions)Year Ended December 31, 2022Year Ended December 31, 2021Year Ended December 31, 2020
United States$34,646 $25,380 $19,187 
Bermuda11,788 12,348 35,692 
Total premiums and deposits, net of ceded$46,434 $37,728 $54,879