v3.24.0.1
Long-duration Contracts - Schedule of Net Liability Position of Market Risk Benefits (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Market Risk Benefit [Roll Forward]    
Beginning balance $ 2,489 $ 4,447
Effect of changes in future expected policyholder behavior 75  
Effect of changes in other future expected assumptions 6 (43)
Ending balance 3,373 2,489
Reconciliation of the gross balances in an asset or liability position:    
Net amount at risk
Traditional Deferred Annuities and Indexed Annuities    
Market Risk Benefit [Roll Forward]    
Beginning balance 2,489 4,447
Effect of changes in instrument-specific credit risk, beginning balance 366  
Balance, beginning of period, before changes in instrument-specific credit risk 3,365 2,855
Issuances 106 60
Interest accrual 157 56
Attributed fees collected 338 333
Benefit payments (34) (53)
Effect of changes in interest rates (91) (2,169)
Effect of changes in equity (119) 176
Effect of actual policyholder behavior compared to expected behavior 72 48
Balance, end of period, before changes in instrument-specific credit risk 3,365 2,855
Effect of changes in instrument-specific credit risk, ending balance (8) 366
Ending balance 3,373 2,489
Reconciliation of the gross balances in an asset or liability position:    
Net amount at risk
Traditional deferred annuities    
Market Risk Benefit [Roll Forward]    
Beginning balance 170 253
Effect of changes in instrument-specific credit risk, beginning balance 13  
Balance, beginning of period, before changes in instrument-specific credit risk 194 183
Issuances 0 0
Interest accrual 10 4
Attributed fees collected 2 3
Benefit payments (2) (4)
Effect of changes in interest rates (1) (77)
Effect of changes in equity 0 0
Effect of actual policyholder behavior compared to expected behavior 5 6
Effect of changes in future expected policyholder behavior (3)  
Effect of changes in other future expected assumptions 0 (2)
Balance, end of period, before changes in instrument-specific credit risk 194 183
Effect of changes in instrument-specific credit risk, ending balance 2 13
Ending balance 192 170
Reconciliation of the gross balances in an asset or liability position:    
Net amount at risk $ 425 $ 422
Weighted-average attained age of contract holders (in years) 75 years 74 years
Indexed annuities    
Market Risk Benefit [Roll Forward]    
Beginning balance $ 2,319 $ 4,194
Effect of changes in instrument-specific credit risk, beginning balance 353  
Balance, beginning of period, before changes in instrument-specific credit risk 3,171 2,672
Issuances 106 60
Interest accrual 147 52
Attributed fees collected 336 330
Benefit payments (32) (49)
Effect of changes in interest rates (90) (2,092)
Effect of changes in equity (119) 176
Effect of actual policyholder behavior compared to expected behavior 67 42
Effect of changes in future expected policyholder behavior 78  
Effect of changes in other future expected assumptions 6 (41)
Balance, end of period, before changes in instrument-specific credit risk 3,171 2,672
Effect of changes in instrument-specific credit risk, ending balance (10) 353
Ending balance 3,181 2,319
Reconciliation of the gross balances in an asset or liability position:    
Net amount at risk $ 14,716 $ 13,581
Weighted-average attained age of contract holders (in years) 69 years 68 years