XML 61 R27.htm IDEA: XBRL DOCUMENT v3.22.4
Schedule I Summary of Investments - Other Than Investments in Related Parties (Notes)
12 Months Ended
Dec. 31, 2022
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]  
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Text Block]
Successor
December 31, 2022
 (In millions)Cost or Amortized CostFair ValueAmount Shown on Consolidated Balance Sheet
AFS securities
US government and agencies$3,333 $2,577 $2,577 
US state, municipal and political subdivisions1,218 927 927 
Foreign governments1,207 907 907 
Public utilities10,725 8,665 8,665 
Redeemable preferred stock
Other corporate63,879 52,206 52,206 
Convertibles and bonds with warrants attached33 25 25 
CLO17,722 16,493 16,493 
ABS11,447 10,527 10,527 
CMBS4,636 4,158 4,158 
RMBS6,775 5,914 5,914 
Trading securities2,010 1,595 1,595 
Total fixed maturity securities122,992 103,999 103,999 
Equity securities
Banks, trust and insurance companies common stock1
527 127 527 
Industrial, miscellaneous and all other common stock36 61 61 
Nonredeemable preferred stocks1,070 899 899 
Total equity securities1,633 1,087 1,487 
Mortgage loans29,943 27,454 
Investment funds79 79 
Policy loans347 347 
Funds withheld at interest32,880 32,880 
Derivative assets3,309 3,309 
Short-term investments2,160 2,160 
Other investments773 773 
Total investments$194,116 $172,488 
1 Includes $400 million of equity securities without a readily determinable fair value