XML 136 R125.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Income Taxes - Temporary Differences (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
Deferred income tax assets:      
Investments $ 1,452 $ 260  
Amounts due reinsurer 1,113 0  
Policy benefit reserves 0 138  
Net operating loss carryforwards 309 31  
Bermuda tax asset 377 35  
Other 29 0  
Gross deferred tax assets before valuation allowance 3,280 464  
Valuation allowance (5) (5)  
Gross deferred tax assets after valuation allowance 3,275 459  
Deferred income tax liabilities:      
VOBA/Intangibles 1,810 0  
Deferred policy acquisition costs 89 81  
Policy benefit reserves 1,086 0  
Pension and liability for retirement benefits 57 49  
Other 0 38  
Gross deferred tax liabilities 3,042 168  
Net deferred income tax asset $ 233 $ 291 $ 439