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Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Accumulated Other Comprehensive Income
24. Accumulated Other Comprehensive Income
The components of and changes in the accumulated other comprehensive income (“AOCI”), and the related tax effects, are shown below:
PredecessorChange in
Net Unrealized
Investment
Gains (Losses)		Defined
Benefit
Pension
Plan
Adjustment		Foreign
Currency
Translation /
Other		Total
(Dollars in millions)
Balance as of December 31, 2021
$149 $1 $(3)$147 
Other comprehensive income (loss) before reclassifications(613)— — (613)
Amounts reclassified to (from) AOCI(7)4 — (3)
Balance as of May 24, 2022
$(471)$5 $(3)$(469)
SuccessorChange in
Net Unrealized
Investment
Gains (Losses)		Change in
Discount Rate
for Future
Policy Benefits		Change in
Instrument-
Specific
Credit Risk
for Market
Risk Benefit		Defined
Benefit
Pension
Plan
Adjustment		Foreign
Currency
Translation /
Other		Total
(Dollars in millions)
Balance as of May 25, 2022
$— $— $— $— $— $— 
Other comprehensive income (loss) before reclassifications(740)253 21 — (1)(467)
Amounts reclassified to (from) AOCI18 — — 1 — 19 
Balance as of December 31, 2022(722)253 21 1 (1)(448)
Other comprehensive income (loss) before reclassifications461 (188)(25)— — 248 
Amounts reclassified to (from) AOCI75 — — 107 — 182 
Deferred income tax benefit (expense)(113)40 5 (23)— (91)
Balance as of December 31, 2023(299)105 1 85 (1)(109)
Other comprehensive income (loss) before reclassifications605 221 (249)23 (31)569 
Amounts reclassified to (from) AOCI13 — — — — 13 
Deferred income tax benefit (expense)(142)(47)52 (5)9 (133)
Balance at December 31, 2024$177 $279 $(196)$103 $(23)$340