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Acquisitions - Schedule of Recognized Identifiable Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
May 02, 2024
Jun. 30, 2024
Dec. 31, 2023
Liabilities assumed:      
Less: Fair value of AEL preferred stock $ 685    
Goodwill   $ 754 $ 121
AEL      
Fair value of consideration transferred:      
Cash 2,525    
BAM Shares transferred by the Company 1,111    
Fair value of the Company’s pre-existing interest in AEL 897    
Total consideration 4,533    
Assets acquired:      
Investments 42,960    
Cash and cash equivalents 13,367    
Accrued investment income 414    
Value of business acquired 7,194    
Reinsurance recoverables and deposit assets 14,963    
Property and equipment 42    
Intangible assets 1,580    
Other assets 670    
Total assets acquired 81,190    
Liabilities assumed:      
Future policy benefits 310    
Policyholders’ account balances 61,473    
Market risk benefits 2,978    
Notes payable 768    
Subsidiary borrowings 84    
Funds withheld for reinsurance liabilities 8,601    
Other liabilities 2,360    
Total liabilities assumed 76,574    
Less: Non-controlling interest 28    
Net assets acquired 3,903    
Goodwill $ 630 $ 630