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Separate Account Assets and Liabilities
6 Months Ended
Jun. 30, 2024
Insurance [Abstract]  
Separate Account Assets and Liabilities
13. Separate Account Assets and Liabilities
The following table presents the change of the Company’s separate account assets and liabilities:
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
(Dollars in millions)
Balance, beginning of period
$1,285 $1,098 $1,189 $1,045 
Additions (deductions):
    Acquisition from business combination
— — — — 
    Policyholder deposits
15 18 35 39 
    Net investment income
10 14 
    Net realized capital gains on investments
16 62 112 114 
    Policyholder benefits and withdrawals
(27)(35)(75)(59)
    Net transfer from (to) general account
(20)(1)
    Policy charges
(4)(4)(7)(7)
Total changes
(19)47 77 100 
Balance, end of period
$1,266 $1,145 $1,266 $1,145