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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 476,114 $ 444,890 [1] $ 675,369 $ 1,887,644 [2]
Other comprehensive loss:        
Change in net unrealized investment gains/losses (1,057,565) (2,267,314) [3] (627,163) (9,702,989) [3]
Change in current discount rate for liability for future policy benefits 6,919 17,558 [3] 7,470 74,239 [3]
Change in instrument-specific credit risk for market risk benefits (176,701) 40,787 [3] (205,605) 576,262 [3]
Reclassification of unrealized investment gains/losses to net income (38,484) (9,903) [3] (34,226) (31,990) [3]
Other comprehensive loss before income tax (1,265,831) (2,218,872) [3] (859,524) (9,084,478) [3]
Income tax effect related to other comprehensive loss 265,384 465,970 [3] 180,059 1,907,435 [3]
Other comprehensive loss (1,000,447) (1,752,902) [3] (679,465) (7,177,043) [1]
Comprehensive loss $ (524,333) $ (1,308,012) [3] $ (4,096) $ (5,289,399) [3]
[1] Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.
[2] Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.
[3] Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.