Prudential Financial, Inc. 5.62 (PRS) 10-Q 31 Oct 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Oct. 28, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-16707
Entity Registrant Name	Prudential Financial, Inc.
Entity Incorporation, State or Country Code	NJ
Entity Tax Identification Number	22-3703799
Entity Address, Address Line One	751 Broad Street
Entity Address, City or Town	Newark
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07102
City Area Code	973
Local Phone Number	802-6000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		356,000,000
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001137774
Common Class A
Document Information [Line Items]
Title of 12(b) Security	Common Stock, Par Value $.01
Trading Symbol	PRU
Security Exchange Name	NYSE
5.950% Junior Subordinated Notes
Document Information [Line Items]
Title of 12(b) Security	5.950% Junior Subordinated Notes
Trading Symbol	PRH
Security Exchange Name	NYSE
5.625% Junior Subordinated Notes
Document Information [Line Items]
Title of 12(b) Security	5.625% Junior Subordinated Notes
Trading Symbol	PRS
Security Exchange Name	NYSE
4.125% Junior Subordinated Notes
Document Information [Line Items]
Title of 12(b) Security	4.125% Junior Subordinated Notes
Trading Symbol	PFH
Security Exchange Name	NYSE

Unaudited Interim Consolidated

Unaudited Interim Consolidated Statements of Financial Position - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
ASSETS
Fixed maturities, available-for-sale, at fair value (allowance for credit losses: 2024-$235; 2023-$160) (amortized cost: 2024-$357,428; 2023-$334,598)	[1]	$ 340,730	$ 316,321
Fixed maturities, trading, at fair value (amortized cost: 2024-$12,404; 2023-$10,624)	[1]	12,065	9,790
Assets supporting experience-rated contractholder liabilities, at fair value		3,654	3,168
Equity securities, at fair value (cost: 2024-$4,224; 2023-$5,786)	[1]	6,771	8,242
Commercial mortgage and other loans (net of $603 and $460 allowance for credit losses; includes $1,098 and $519 of loans measured at fair value under the fair value option at September 30, 2024 and December 31, 2023, respectively)	[1]	62,573	59,305
Policy loans		9,947	10,047
Other invested assets (net of $2 and $1 allowance for credit losses; includes $7,061 and $6,074 of assets measured at fair value at September 30, 2024 and December 31, 2023, respectively)	[1]	25,367	22,855
Short-term investments (net of allowance for credit losses: 2024-$0; 2023-$0)		8,010	5,005
Total investments		469,117	434,733
Cash and cash equivalents	[1]	20,198	19,419
Accrued investment income	[1]	3,566	3,287
Deferred policy acquisition cost		21,182	20,856
Value of business acquired		488	530
Market risk benefit assets		2,134	1,981
Reinsurance recoverables and deposit receivables (net of $11 and $12 allowance for credit losses; includes $324 and $149 of embedded derivatives at fair value at September 30, 2024 and December 31, 2023, respectively)	[2]	29,633	27,311
Income Tax Assets		479	939
Other assets (net of $2 and $3 allowance for credit losses; includes $0 and $11 of assets at fair value at September 30, 2024 and December 31, 2023, respectively)	[1],[2]	12,947	13,179
Separate account assets		200,550	198,888
TOTAL ASSETS		760,294	721,123
LIABILITIES
Future policy benefits		285,474	273,281
Policyholders’ account balances		164,088	147,018
Market risk benefit liabilities		5,178	5,467
Policyholders’ dividends		2,089	1,475
Securities sold under agreements to repurchase		7,455	6,056
Cash collateral for loaned securities		8,471	6,477
Reinsurance and funds withheld payables (includes $577 and $490 of embedded derivatives at fair value at September 30, 2024 and December 31, 2023, respectively)	[2]	17,443	15,729
Short-term debt		950	618
Long-term debt		19,076	18,882
Other liabilities (includes $14 and $15 allowance for credit losses and $3,764 and $4,175 of derivatives at fair value at September 30, 2024 and December 31, 2023, respectively)	[1]	15,489	16,071
Notes issued by consolidated variable interest entities (includes $440 and $778 measured at fair value under the fair value option at September 30, 2024 and December 31, 2023, respectively)	[1]	1,456	1,374
Separate account liabilities		200,550	198,888
Total liabilities		727,719	691,336
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 21)
Redeemable Noncontrolling Interest, Equity, Carrying Amount		560	524
Total mezzanine equity		560	524
EQUITY
Preferred Stock $0.01 par value; $10,000,000 shares authorized; none issued)		0	0
Common Stock ($0.01 par value; 1,500,000,000 shares authorized; 666,305,189 shares issued as of both September 30, 2024 and December 31, 2023)		6	6
Additional paid-in capital		25,850	25,746
Common Stock held in treasury, at cost (310,374,607 and 307,089,216 shares at September 30, 2024 and December 31, 2023, respectively)		(24,310)	(23,780)
Accumulated other comprehensive income (loss)	[2]	(4,844)	(6,504)
Retained Earnings		33,714	32,352
Total Prudential Financial, Inc. equity		30,416	27,820
Noncontrolling interests		1,599	1,443
Total equity		32,015	29,263
TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY		$ 760,294	$ 721,123
[1] See Note 4 for details of balances associated with variable interest entities. See Note 20 for additional information regarding related party transactions.

Unaudited Interim Consolidate_2

Unaudited Interim Consolidated Statements of Financial Position (Parenthetical) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Fixed Maturities, AFS, allowance for credit losses		$ 235	$ 160
Fixed Maturities, available-for-sale, Amortized Cost		357,428	334,598
Fixed maturities, trading, amortized cost		12,404	10,624
Equity securities, AFS, amortized cost		4,224	5,786
Commercial mortgage and other loans, allowance for credit losses		603	460
Commercial mortgage and other loans	[1]	62,573	59,305
Other invested assets, allowance for credit losses	[1]	25,367	22,855
Other invested assets, at fair value		7,061	6,074
Reinsurance recoverables and deposit receivables, allowance for credit losses		11	12
Reinsurance recoverable and deposit receivables, embedded derivatives at fair value		324	149
Other assets, assets at fair value		0	11
Reinsurance and funds withheld payables, embedded derivatives at fair value		577	490
Other Liabilities, derivatives at fair value		3,764	4,175
Notes issued by consolidated variable interest entities (includes $440 and $778 measured at fair value under the fair value option at September 30, 2024 and December 31, 2023, respectively)	[1]	$ 1,456	$ 1,374
Preferred stock, par value (in dollars per share)		$ 0.01	$ 0.01
Preferred stock, shares authorized		10,000,000	10,000,000
Preferred stock, shares issued		0	0
Common stock, par value (in dollars per share)		$ 0.01	$ 0.01
Common stock, shares authorized		1,500,000,000	1,500,000,000
Common stock, shares, Issued		666,305,189	666,305,189
Treasury Stock, Common, Shares		310,374,607	307,089,216
Fair value option
Commercial mortgage and other loans		$ 1,098	$ 519
Other invested assets, allowance for credit losses		19	0
Notes issued by consolidated variable interest entities (includes $440 and $778 measured at fair value under the fair value option at September 30, 2024 and December 31, 2023, respectively)		440	778
Leveraged lease loans
Other invested assets, allowance for credit losses		2	1
ASU 2016-13
Short-term investments, allowance for credit losses		0	0
Other assets, allowance for credit losses		2	3
Other liabilities, allowance for credit losses		$ 14	$ 15
[1] See Note 4 for details of balances associated with variable interest entities.

Unaudited Interim Consolidate_3

Unaudited Interim Consolidated Statements of Operations - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024		Sep. 30, 2023
REVENUES
Premiums (includes $45, $36, $37 and $311 of gains (losses) from changes in estimates on deferred profit liability amortization for the three months ended September 30, 2024 and 2023 and the nine months ended September 30, 2024 and 2023, respectively)	[1]	$ 13,045	$ 4,173	$ 36,402		$ 20,445
Policy charges and fee income		1,111	1,112	3,252		3,319
Net Investment Income	[1]	5,055	4,571	14,668		13,367
Asset management and service fees	[1]	984	952	2,984		2,787
Other income (loss)	[1]	1,285	197	3,214		2,260
Realized investment gains (losses), net	[1]	(1,844)	(2,402)	(2,318)	[2]	(3,123)
Change in value of market risk benefits, net of related hedging gains (losses)		(146)	(251)	(320)		(160)
Total revenues		19,490	8,352	57,882		38,895
BENEFITS AND EXPENSES
Policyholders’ benefits	[1]	14,027	5,163	39,485		23,128
Change in estimates of liability for future policy benefits	[1]	180	(49)	(13)		231
Interest credited to policyholders’ account balances		863	872	3,248		3,002
Dividends to policyholders		189		655		619
Dividends to policyholders			(3)
Amortization of deferred policy acquisition costs		367	361	1,117		1,092
General and administrative expenses	[1]	3,311	3,066	10,032		9,413
Total benefits and expenses		18,937	9,410	54,524		37,485
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF JOINT VENTURES AND OTHER OPERATING ENTITIES		553	(1,058)	3,358		1,410
Total income tax expense (benefit)		140	(251)	693		254
INCOME (LOSS) BEFORE EQUITY IN EARNINGS OF JOINT VENTURES AND OTHER OPERATING ENTITIES		413	(807)	2,665		1,156
Equity in earnings of joint ventures and other operating entities, net of taxes		38	16	108		26
NET INCOME (LOSS)		451	(791)	2,773		1,182
Less: Income (loss) attributable to noncontrolling interests		3	11	(11)		11
NET INCOME (LOSS) ATTRIBUTABLE TO PRUDENTIAL FINANCIAL, INC.		$ 448	$ (802)	$ 2,784		$ 1,171
Basic earnings per share-Common Stock:
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share)		$ 1.24	$ (2.23)	$ 7.68		$ 3.17
Diluted earnings per share-Common Stock:
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share)		$ 1.24	$ (2.23)	$ 7.64		$ 3.15
[1] See Note 20 for additional information regarding related party transactions. See Note 20 for additional information regarding related party transactions.

Unaudited Interim Consolidate_4

Unaudited Interim Consolidated Statements of Comprehensive Income - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
NET INCOME (LOSS)		$ 451	$ (791)	$ 2,773	$ 1,182
Other comprehensive income (loss), before tax:
Foreign currency translation adjustments for the period		844	(291)	(3)	(649)
Net unrealized investment gains (losses)		10,105	(15,044)	(12)	(9,479)
Interest rate remeasurement of future policy benefits	[1]	(8,127)	14,430	2,224	5,529
Gain (loss) from changes in non-performance risk on market risk benefits		54	(451)	(142)	(528)
Defined benefit pension and postretirement unrecognized periodic benefit (cost)		0	22	25	67
Total		2,876	(1,334)	2,092	(5,060)
Less: Income tax expense (benefit) related to other comprehensive income (loss)		276	(152)	432	(1,035)
Other comprehensive income (loss), net of taxes		2,600	(1,182)	1,660	(4,025)
Comprehensive income (loss)		3,051	(1,973)	4,433	(2,843)
Less: Comprehensive income (loss) attributable to noncontrolling interests		3	11	(11)	11
Comprehensive income (loss) attributable to Prudential Financial, Inc.		$ 3,048	$ (1,984)	$ 4,444	$ (2,854)
[1] See Note 20 for additional information regarding related party transactions.

Unaudited Interim Consolidate_5

Unaudited Interim Consolidated Statements of Equity - USD ($) $ in Millions		Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Common Stock Held in Treasury Common Stock	Accumulated Other Comprehensive Income (Loss)	Total Prudential Financial, Inc. Equity	Noncontrolling Interests
Balance at Dec. 31, 2022	[1]	$ 31,548	$ 6	$ 25,747	$ 31,714	$ (23,068)	$ (3,806)	$ 30,593	$ 955
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock acquired		(250)				(250)		(250)
Contributions from noncontrolling interests		93							93
Distributions to noncontrolling interests		(2)							(2)
Stock-based compensation programs		67		(104)		171		67
Dividends declared on Common Stock		(468)			(468)			(468)
Comprehensive income:
Net income (loss)		1,477			1,462			1,462	15
Other comprehensive income (loss), net of tax		(18)					(19)	(19)	1
Total comprehensive income (loss)		1,459			1,462		(19)	1,443	16
Balance at Mar. 31, 2023		32,447	6	25,643	32,708	(23,147)	(3,825)	31,385	1,062
Balance at Dec. 31, 2022	[1]	31,548	6	25,747	31,714	(23,068)	(3,806)	30,593	955
Comprehensive income:
Net income (loss)		1,182
Other comprehensive income (loss), net of tax		(4,025)
Total comprehensive income (loss)		(2,843)
Balance at Sep. 30, 2023		26,947	6	25,714	31,493	(23,568)	(7,831)	25,814	1,133
Balance at Mar. 31, 2023		32,447	6	25,643	32,708	(23,147)	(3,825)	31,385	1,062
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock acquired		(252)				(252)		(252)
Contributions from noncontrolling interests		30							30
Distributions to noncontrolling interests		(19)							(19)
Consolidations/(deconsolidations) of noncontrolling interests		(36)							(36)
Stock-based compensation programs		77		33		44		77
Dividends declared on Common Stock		(463)			(463)			(463)
Comprehensive income:
Net income (loss)		496			511			511	(15)
Other comprehensive income (loss), net of tax		(2,825)					(2,824)	(2,824)	(1)
Total comprehensive income (loss)		(2,329)			511		(2,824)	(2,313)	(16)
Balance at Jun. 30, 2023		29,455	6	25,676	32,756	(23,355)	(6,649)	28,434	1,021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock acquired		(252)				(252)		(252)
Contributions from noncontrolling interests		5							5
Distributions to noncontrolling interests		(6)							(6)
Consolidations/(deconsolidations) of noncontrolling interests		102							102
Stock-based compensation programs		77		38		39		77
Dividends declared on Common Stock		(461)			(461)			(461)
Comprehensive income:
Net income (loss)		(791)			(802)			(802)	11
Other comprehensive income (loss), net of tax		(1,182)					(1,182)	(1,182)	0
Total comprehensive income (loss)		(1,973)			(802)		(1,182)	(1,984)	11
Balance at Sep. 30, 2023		26,947	6	25,714	31,493	(23,568)	(7,831)	25,814	1,133
Balance at Dec. 31, 2023		29,263	6	25,746	32,352	(23,780)	(6,504)	27,820	1,443
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock acquired		(250)				(250)		(250)
Contributions from noncontrolling interests		83							83
Distributions to noncontrolling interests		(3)							(3)
Consolidations/(deconsolidations) of noncontrolling interests		125							125
Stock-based compensation programs		134		(5)		139		134
Dividends declared on Common Stock		(476)			(476)			(476)
Comprehensive income:
Net income (loss)		1,151			1,138			1,138	13
Other comprehensive income (loss), net of tax		(1,157)					(1,157)	(1,157)	0
Total comprehensive income (loss)		(6)			1,138		(1,157)	(19)	13
Balance at Mar. 31, 2024		28,870	6	25,741	33,014	(23,891)	(7,661)	27,209	1,661
Balance at Dec. 31, 2023		29,263	6	25,746	32,352	(23,780)	(6,504)	27,820	1,443
Comprehensive income:
Net income (loss)		2,773
Other comprehensive income (loss), net of tax		1,660
Total comprehensive income (loss)		4,433
Balance at Sep. 30, 2024		32,015	6	25,850	33,714	(24,310)	(4,844)	30,416	1,599
Balance at Mar. 31, 2024		28,870	6	25,741	33,014	(23,891)	(7,661)	27,209	1,661
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock acquired		(252)				(252)		(252)
Contributions from noncontrolling interests		6							6
Distributions to noncontrolling interests		(112)							(112)
Consolidations/(deconsolidations) of noncontrolling interests		19							19
Stock-based compensation programs		116		61		55		116
Dividends declared on Common Stock		(475)			(475)			(475)
Comprehensive income:
Net income (loss)		1,171			1,198			1,198	(27)
Other comprehensive income (loss), net of tax		217					217	217	0
Total comprehensive income (loss)		1,388			1,198		217	1,415	(27)
Balance at Jun. 30, 2024		29,560	6	25,802	33,737	(24,088)	(7,444)	28,013	1,547
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock acquired		(252)				(252)		(252)
Contributions from noncontrolling interests		59							59
Distributions to noncontrolling interests		(10)							(10)
Stock-based compensation programs		78		48		30		78
Dividends declared on Common Stock		(471)			(471)			(471)
Comprehensive income:
Net income (loss)		451			448			448	3
Other comprehensive income (loss), net of tax		2,600					2,600	2,600	0
Total comprehensive income (loss)		3,051			448		2,600	3,048	3
Balance at Sep. 30, 2024		$ 32,015	$ 6	$ 25,850	$ 33,714	$ (24,310)	$ (4,844)	$ 30,416	$ 1,599
[1] Prior period amounts reflect the implementation of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.

Unaudited Interim Consolidate_6

Unaudited Interim Consolidated Statements of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2024		Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)		$ 2,773		$ 1,182
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Realized investment (gains) losses, net	[1]	2,318	[2]	3,123
Change in value of market risk benefits, net of related hedging (gains) losses		320		160
Policy charges and fee income		(1,682)		(1,626)
Interest credited to policyholders’ account balances		3,248		3,002
Depreciation and amortization		330		1
(Gains) losses on assets supporting experience-rated contractholder liabilities, net		(328)		(426)
Change in:
Deferred policy acquisition costs		(782)		(600)
Future policy benefits and other insurance liabilities		4,526		4,729
Income taxes		143		(282)
Derivatives, net		285		(737)
Other, net		(4,971)	[2]	(3,119)
Cash flows from (used in) operating activities		6,180		5,407
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale		39,839		32,743
Fixed maturities, held-to-maturity		0		22
Fixed maturities, trading		2,504		862
Assets supporting experience-rated contractholder liabilities		1,172		1,693
Equity securities		4,527		3,237
Commercial mortgage and other loans		3,587		2,722
Policy loans		1,492		1,319
Other invested assets		1,383		797
Short-term investments		23,095		24,197
Payments for the purchase/origination of:
Fixed maturities, available-for-sale		(53,915)		(36,969)
Fixed maturities, trading		(4,913)		(1,774)
Assets supporting experience-rated contractholder liabilities		(1,346)		(1,741)
Equity securities		(2,527)		(2,393)
Commercial mortgage and other loans		(6,360)		(3,938)
Policy loans		(1,179)		(1,151)
Other invested assets		(2,651)		(1,949)
Short-term investments		(25,952)		(24,512)
Derivatives, net		(97)		(1,909)
Other, net		57		(280)
Cash flows from (used in) investing activities		(21,284)		(9,024)
CASH FLOWS FROM FINANCING ACTIVITIES
Policyholders’ account deposits		27,657		20,690
Policyholders’ account withdrawals		(14,170)		(13,646)
Net change in securities sold under agreements to repurchase and cash collateral for loaned securities		3,393		(1,075)
Cash dividends paid on Common Stock		(1,424)		(1,391)
Net change in financing arrangements (maturities 90 days or less)		(536)		(77)
Common Stock acquired		(746)		(754)
Common Stock reissued for exercise of stock options		142		91
Proceeds from the issuance of debt (maturities longer than 90 days)		1,303		662
Repayments of debt (maturities longer than 90 days)		(812)		(1,948)
Proceeds from notes issued by consolidated VIEs		823		484
Repayments of notes issued by consolidated VIEs		(393)		(39)
Other, net		737	[2]	470
Cash flows from (used in) financing activities		15,974		3,467
Effect of foreign exchange rate changes on cash balances		(105)		(220)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS		765		(370)
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF YEAR		19,463		17,299
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS, END OF PERIOD		20,228		16,929
NON-CASH TRANSACTIONS DURING THE PERIOD
Treasury Stock shares issued for stock-based compensation programs		214		276
Novation of annuity contracts	[3]	0		491
Assets transferred upon surrender of IRA contract		0		2,019	[4]
RECONCILIATION TO THE UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Cash and cash equivalents		20,198	[5]	16,892
Restricted cash and restricted cash equivalents (included in “Other assets”)		30		37
Total cash, cash equivalents, restricted cash and restricted cash equivalents		20,228		16,929
Pension Risk Transfer
NON-CASH TRANSACTIONS DURING THE PERIOD
Assets received, excluding cash and cash equivalents		11,693		2,264
Liabilities assumed		16,020		3,257
Net cash received		4,327		993
Somerset Re
NON-CASH TRANSACTIONS DURING THE PERIOD
Reinsurance recoverables under modified coinsurance, net		(578)	[6]	0
Deferred reinsurance gain		363	[6]	0
Net cash received		69	[6]	0
Unwind of Deferred policy acquisition costs ceded		284	[6]	0
Prismic Re
NON-CASH TRANSACTIONS DURING THE PERIOD
Net cash received		0		(142)	[6]
Net assets transferred, excluding Cash and cash equivalents		0		1,351	[6]
Payable established under coinsurance with funds withheld		0		8,184	[6]
Reinsurance recoverables established for Future policy benefits ceded		0		(5,584)	[6]
Deposit assets established for Policyholders' account balances ceded		0		(3,723)	[6]
Unwind of Deferred policy acquisition costs ceded		0		23	[6]
Deferred reinsurance loss		$ 0		$ (393)	[6]
[1] See Note 20 for additional information regarding related party transactions. See Note 20 for additional information regarding related party transactions. “Cash flows from (used in) operating activities” exclude certain non-cash activities related to the sale of the Full Service Retirement business as a result of the surrender of certain Stable Value Individual Retirement Account (“IRA”) contracts from the Company to Great-West Life & Annuity Insurance Company. See Note 4 for details of balances associated with variable interest entities. See Note 12 for additional information regarding the reinsurance agreements with Prismic Life Reinsurance, Ltd. (“Prismic Re”) and Somerset Reinsurance Ltd. (“Somerset Re”).

Unaudited Interim Consolidate_7

Unaudited Interim Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Gain (loss) from changes in estimates on deferred profit liability amortization	$ 45	$ 36	$ 37	$ 311

Business and Basis of Presentat

Business and Basis of Presentation	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Basis of Presentation	BUSINESS AND BASIS OF PRESENTATION Prudential Financial, Inc. (“Prudential Financial”) and its subsidiaries (collectively, “Prudential” or the “Company”) provide a wide range of insurance, investment management, and other financial products and services to both individual and institutional customers throughout the United States and in many other countries. Principal products and services provided include life insurance, annuities, retirement solutions, mutual funds and investment management. The Company’s principal operations consist of PGIM (the Company’s global investment management business), the U.S. Businesses (consisting of the Retirement Strategies, Group Insurance and Individual Life businesses), the International Businesses (consisting of the Life Planner and Gibraltar Life and Other businesses), the Closed Block division, and the Company’s Corporate and Other operations. The Closed Block division is accounted for as a divested business that is reported separately from the Divested and Run-off Businesses that are included within Corporate and Other operations. Divested and Run-off Businesses consist of businesses that have been, or will be, sold or exited, including businesses that have been placed in wind-down status that do not qualify for “discontinued operations” accounting treatment under U.S. GAAP. The Company’s Corporate and Other operations include corporate items and initiatives that are not allocated to business segments, as well as the Divested and Run-off Businesses described above. In September 2023, the Company, through its Corporate and Other operations, invested approximately $200 million, and acquired a 20% equity interest as a limited partner, in Prismic Life Holding Company LP (“Prismic”), a Bermuda-exempted limited partnership that owns all of the outstanding capital stock of Prismic Life Reinsurance, Ltd. (“Prismic Re”), a licensed Bermuda-based life and annuity reinsurance company. As this investment is accounted for under the equity method, both Prismic and Prismic Re are considered related parties. Beginning with the fourth quarter of 2023, the operating results of Corporate and Other reflect the Company’s share of earnings in Prismic on a quarter lag. For information regarding the Company’s initial reinsurance transaction with Prismic Re, effective September 2023, see Note 12. As part of its continuous improvement process, the Company is working to become a leaner and more agile company by simplifying its management structure, empowering its employees with faster decision-making processes and investing in technology and data platforms. As part of this, the Company is implementing changes to its organizational structure and recorded a restructuring charge of $200 million to “General and administrative expenses” in the fourth quarter of 2023 within its Corporate and Other operations. The Company expects these actions will create operating efficiencies, and provide reinvestment capacity to build capabilities, realize additional efficiencies, strengthen its competitiveness and fuel future growth. Basis of Presentation The Unaudited Interim Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) on a basis consistent with reporting interim financial information in accordance with instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”). The Unaudited Interim Consolidated Financial Statements include the accounts of Prudential Financial, entities over which the Company exercises control, including majority-owned subsidiaries and minority-owned entities such as limited partnerships in which the Company is the general partner, and variable interest entities (“VIEs”) in which the Company is considered the primary beneficiary. See Note 4 for additional information regarding the Company’s consolidated variable interest entities. Intercompany balances and transactions have been eliminated. In the opinion of management, all adjustments necessary for a fair statement of the financial position and results of operations have been made. All such adjustments are of a normal, recurring nature. Interim results are not necessarily indicative of the results that may be expected for the full year. These financial statements should be read in conjunction with the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The most significant estimates include those used in determining future policy benefits; policyholders’ account balances related to the fair value of embedded derivative instruments associated with the index-linked features of certain universal life and annuity products; market risk benefits; the measurement of goodwill and any related impairment; the valuation of investments including derivatives, the measurement of allowance for credit losses, and the recognition of other-than-temporary impairments (“OTTI”); pension and other postretirement benefits; any provision for income taxes and valuation of deferred tax assets; and accruals for contingent liabilities, including estimates for losses in connection with unresolved legal and regulatory matters. Out of Period Adjustments In the second quarter of 2024, the Company recorded two unrelated out-of-period adjustments resulting in an aggregate net charge of $136 million to “Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities” for the second quarter of 2024. These adjustments did not have an impact to adjusted operating income, which is the Company’s segment measure of performance. The adjustments included i) an $86 million valuation-related pre-tax charge from an increase to the policyholder account balances of indexed variable annuity products; and ii) a $50 million pre-tax charge from an increase to the allowance for credit losses related to certain loan balances. These adjustments impacted the previously issued interim financial statements for the first quarter of 2024 and had no impact to any other previously reported quarterly or annual financial statements. As such, these adjustments do not impact the results for the three and nine months ended September 30, 2024, and will not impact the 2024 annual financial statements. Reclassifications Certain amounts in prior periods have been reclassified to conform to the current period presentation.

Significant Accounting Policies

Significant Accounting Policies and Pronouncements	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Significant Accounting Policies and Pronouncements	SIGNIFICANT ACCOUNTING POLICIES AND PRONOUNCEMENTS Recent Accounting Pronouncements Changes to U.S. GAAP are established by the Financial Accounting Standards Board (“FASB”) in the form of ASUs to the FASB Accounting Standards Codification (“ASC”). The Company considers the applicability and impact of all ASUs. ASUs listed below include those that have been adopted during the current fiscal year and/or those that have been issued but not yet adopted as of September 30, 2024, and as of the date of this filing. ASUs not listed below were assessed and determined to be either not applicable or not material. ASUs issued but not yet adopted as of September 30, 2024 Standard Description Effective date and method of adoption Effect on the financial statements or other significant matters ASU 2023-09 Income Taxes (Topic 740) Improvements to Income Tax Disclosures This ASU requires entities to provide additional information primarily related to the effective tax rate reconciliation and income taxes paid. Effective for fiscal years beginning after December 15, 2024 with early adoption permitted, and is required to be applied prospectively with the option of retrospective application. The Company is currently assessing the impact of the ASU on the Company’s Consolidated Financial Statements and Notes to the Consolidated Financial Statements. ASU 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures This ASU requires entities to provide more detailed information about significant segment expenses that are regularly provided to the chief operating decision maker. Effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted, using the retrospective method. The ASU has no impact on the Company’s Consolidated Financial Statements but will result in expanded disclosures in the Notes to the Consolidated Financial Statements.

Investments

Investments	9 Months Ended
	Sep. 30, 2024
Investments [Abstract]
Investments	INVESTMENTS Fixed Maturity Securities The following tables set forth the composition of fixed maturity securities (excluding investments classified as trading), as of the dates indicated: September 30, 2024 Amortized Gross Gross Allowance for Credit Losses Fair (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 28,379 $ 1,063 $ 3,794 $ 0 $ 25,648 Obligations of U.S. states and their political subdivisions 7,216 224 411 0 7,029 Foreign government securities 70,344 2,668 7,552 0 65,460 U.S. public corporate securities 115,390 2,946 8,049 79 110,208 U.S. private corporate securities(1) 45,419 1,101 2,010 31 44,479 Foreign public corporate securities 24,278 576 1,016 25 23,813 Foreign private corporate securities 37,940 1,006 2,913 100 35,933 Asset-backed securities(2) 16,062 228 67 0 16,223 Commercial mortgage-backed securities 9,616 75 419 0 9,272 Residential mortgage-backed securities(3) 2,784 35 154 0 2,665 Total fixed maturities, available-for-sale(1) $ 357,428 $ 9,922 $ 26,385 $ 235 $ 340,730 __________ (1) Excludes notes with amortized cost of $14,126 million (fair value, $14,137 million), which have been offset with the associated debt under a netting agreement. (2) Includes credit-tranched securities collateralized by loan obligations, home equity loans, auto loans, education loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. December 31, 2023 Amortized Gross Gross Allowance for Credit Losses Fair (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 24,874 $ 1,091 $ 4,169 $ 0 $ 21,796 Obligations of U.S. states and their political subdivisions 8,650 267 459 0 8,458 Foreign government securities 71,556 3,895 5,208 53 70,190 U.S. public corporate securities 105,593 2,357 9,711 67 98,172 U.S. private corporate securities(1) 42,801 807 2,574 14 41,020 Foreign public corporate securities 20,473 487 1,298 19 19,643 Foreign private corporate securities 35,128 613 3,446 5 32,290 Asset-backed securities(2) 12,514 202 119 2 12,595 Commercial mortgage-backed securities 10,571 34 713 0 9,892 Residential mortgage-backed securities(3) 2,438 24 197 0 2,265 Total fixed maturities, available-for-sale(1) $ 334,598 $ 9,777 $ 27,894 $ 160 $ 316,321 __________ (1) Excludes notes with amortized cost of $12,370 million (fair value, $12,370 million), which have been offset with the associated debt under a netting agreement. (2) Includes credit-tranched securities collateralized by loan obligations, education loans, auto loans, home equity loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. The following tables set forth the fair value and gross unrealized losses on available-for-sale fixed maturity securities without an allowance for credit losses aggregated by investment category and length of time that individual fixed maturity securities had been in a continuous unrealized loss position, as of the dates indicated: September 30, 2024 Less Than Twelve Months Total Fair Gross Fair Gross Fair Gross (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 3,156 $ 31 $ 12,202 $ 3,763 $ 15,358 $ 3,794 Obligations of U.S. states and their political subdivisions 728 10 3,626 401 4,354 411 Foreign government securities 5,197 148 24,001 7,404 29,198 7,552 U.S. public corporate securities 6,077 96 55,020 7,945 61,097 8,041 U.S. private corporate securities 2,139 68 26,030 1,941 28,169 2,009 Foreign public corporate securities 1,644 18 9,241 991 10,885 1,009 Foreign private corporate securities 614 48 20,833 2,862 21,447 2,910 Asset-backed securities 1,140 26 1,456 41 2,596 67 Commercial mortgage-backed securities 76 0 6,761 419 6,837 419 Residential mortgage-backed securities 40 0 1,472 154 1,512 154 Total fixed maturities, available-for-sale $ 20,811 $ 445 $ 160,642 $ 25,921 $ 181,453 $ 26,366 December 31, 2023 Less Than Twelve Months Total Fair Gross Fair Gross Fair Gross (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 2,718 $ 95 $ 12,642 $ 4,074 $ 15,360 $ 4,169 Obligations of U.S. states and their political subdivisions 862 14 3,816 445 4,678 459 Foreign government securities 9,098 542 19,589 4,664 28,687 5,206 U.S. public corporate securities 4,881 103 61,204 9,604 66,085 9,707 U.S. private corporate securities 3,026 69 27,062 2,504 30,088 2,573 Foreign public corporate securities 1,766 37 10,812 1,246 12,578 1,283 Foreign private corporate securities 1,578 120 22,145 3,324 23,723 3,444 Asset-backed securities 846 30 5,886 89 6,732 119 Commercial mortgage-backed securities 287 3 8,251 710 8,538 713 Residential mortgage-backed securities 92 2 1,599 195 1,691 197 Total fixed maturities, available-for-sale $ 25,154 $ 1,015 $ 173,006 $ 26,855 $ 198,160 $ 27,870 As of September 30, 2024 and December 31, 2023, the gross unrealized losses on fixed maturity available-for-sale securities without an allowance of $25,471 million and $26,879 million, respectively, related to “1” highest quality or “2” high quality securities based on the National Association of Insurance Commissioners (“NAIC”) or equivalent rating and $895 million and $991 million, respectively, related to other than high or highest quality securities based on NAIC or equivalent rating. As of September 30, 2024, the $25,921 million of gross unrealized losses of twelve months or more were concentrated in the finance, consumer non-cyclical and utility sectors within corporate securities as well as in foreign government securities. As of December 31, 2023, the $26,855 million of gross unrealized losses of twelve months or more were concentrated in the finance, consumer non-cyclical and utility sectors within corporate securities, as well as in foreign government securities. In accordance with its policy described in Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, the Company concluded that an adjustment to earnings for credit losses related to these fixed maturity securities was not warranted at September 30, 2024. This conclusion was based on detailed analysis of the underlying credit and cash flows for each security. Gross unrealized losses are primarily attributable to increases in interest rates, general credit spread widening and foreign currency exchange rate movements. As of September 30, 2024, the Company did not intend to sell these securities, and it was not more likely than not that the Company would be required to sell these securities before the anticipated recovery of the amortized cost basis. The following table sets forth the amortized cost and fair value of fixed maturities by contractual maturities, as of the date indicated: September 30, 2024 Available-for-sale Amortized Cost Fair Value (in millions) Fixed maturities: Due in one year or less $ 11,756 $ 11,725 Due after one year through five years 60,508 60,735 Due after five years through ten years(1) 63,078 63,885 Due after ten years(1) 193,624 176,225 Asset-backed securities 16,062 16,223 Commercial mortgage-backed securities 9,616 9,272 Residential mortgage-backed securities 2,784 2,665 Total $ 357,428 $ 340,730 __________ (1) Excludes notes with amortized cost of $14,126 million (fair value, $14,137 million), which have been offset with the associated debt under a netting agreement. Actual maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Asset-backed, commercial mortgage-backed and residential mortgage-backed securities are shown separately in the table above, as they do not have a single maturity date. The following table sets forth the sources of fixed maturity proceeds and related investment gains (losses), as well as losses on write-downs and the allowance for credit losses of fixed maturities, for the periods indicated: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Fixed maturities, available-for-sale: Proceeds from sales(1) $ 9,406 $ 6,619 $ 23,480 $ 20,741 Proceeds from maturities/prepayments 5,133 4,051 16,213 12,092 Gross investment gains from sales and maturities 357 295 952 724 Gross investment losses from sales and maturities (687) (734) (1,957) (1,436) Write-downs recognized in earnings(2) (440) (53) (449) (63) (Addition to) release of allowance for credit losses (66) 37 (99) (101) Fixed maturities, held-to-maturity: Proceeds from maturities/prepayments(3) $ 0 $ 4 $ 0 $ 21 (Addition to) release of allowance for credit losses 0 2 0 2 __________ (1) Excludes activity from non-cash related proceeds due to the timing of trade settlements of $146 million and $(90) million for the nine months ended September 30, 2024 and 2023, respectively. (2) Amounts represent securities actively marketed for sale, securities where it is more likely than not the Company will be required to sell prior to the recovery of the amortized cost basis and write-downs on credit adverse securities. (3) Excludes activity from non-cash related proceeds due to the timing of trade settlements of $1 million for the nine months ended September 30, 2023. The following tables set forth the activity in the allowance for credit losses for fixed maturity securities, as of the dates indicated: Three Months Ended September 30, 2024 U.S. Treasury Securities and Obligations of U.S. States Foreign Government Securities U.S. and Foreign Corporate Securities Asset-Backed Securities Commercial Mortgage-Backed Securities Residential Mortgage-Backed Securities Total (in millions) Fixed maturities, available-for-sale: Balance, beginning of period $ 0 $ 0 $ 168 $ 1 $ 0 $ 0 $ 169 Additions to allowance for credit losses not previously recorded 0 0 59 0 0 0 59 Reductions for securities sold during the period 0 0 (7) 0 0 0 (7) Additions (reductions) on securities with previous allowance 0 0 16 (1) 0 0 15 Change in foreign exchange 0 0 (1) 0 0 0 (1) Balance, end of period $ 0 $ 0 $ 235 $ 0 $ 0 $ 0 $ 235 Three Months Ended September 30, 2023 U.S. Treasury Securities and Obligations of U.S. States Foreign Government Securities U.S. and Foreign Corporate Securities Asset-Backed Securities Commercial Mortgage-Backed Securities Residential Mortgage-Backed Securities Total (in millions) Fixed maturities, available-for-sale: Balance, beginning of period $ 0 $ 56 $ 219 $ 1 $ 0 $ 0 $ 276 Additions to allowance for credit losses not previously recorded 0 0 9 0 0 0 9 Reductions for securities sold during the period 0 0 (71) 0 0 0 (71) Additions (reductions) on securities with previous allowance 0 8 16 1 0 0 25 Balance, end of period $ 0 $ 64 $ 173 $ 2 $ 0 $ 0 $ 239 Nine Months Ended September 30, 2024 U.S. Treasury Securities and Obligations of U.S. States Foreign Government Securities U.S. and Foreign Corporate Securities Asset-Backed Securities Commercial Mortgage-Backed Securities Residential Mortgage-Backed Securities Total (in millions) Fixed maturities, available-for-sale: Balance, beginning of period $ 0 $ 53 $ 105 $ 2 $ 0 $ 0 $ 160 Additions to allowance for credit losses not previously recorded 0 0 118 0 0 0 118 Reductions for securities sold during the period 0 (30) (27) 0 0 0 (57) Additions (reductions) on securities with previous allowance 0 (23) 40 (2) 0 0 15 Change in foreign exchange 0 0 (1) 0 0 0 (1) Balance, end of period $ 0 $ 0 $ 235 $ 0 $ 0 $ 0 $ 235 Nine Months Ended September 30, 2023 U.S. Treasury Securities and Obligations of U.S. States Foreign Government Securities U.S. and Foreign Corporate Securities Asset-Backed Securities Commercial Mortgage-Backed Securities Residential Mortgage-Backed Securities Total (in millions) Fixed maturities, available-for-sale: Balance, beginning of period $ 0 $ 1 $ 136 $ 1 $ 0 $ 0 $ 138 Additions to allowance for credit losses not previously recorded 0 62 87 0 0 0 149 Reductions for securities sold during the period 0 0 (116) 0 0 0 (116) Additions (reductions) on securities with previous allowance 0 1 66 1 0 0 68 Balance, end of period $ 0 $ 64 $ 173 $ 2 $ 0 $ 0 $ 239 For the three and nine months ended September 30, 2023, there was a $2 million net release in the allowance for credit losses for fixed maturities, held-to-maturity. For additional information regarding the Company’s methodology for developing its allowance and expected losses, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. For the three months ended September 30, 2024, the net increase in the allowance for credit losses on available-for-sale securities was primarily related to net additions within the consumer non-cyclical, consumer cyclical and energy sectors within corporate securities due to adverse projected cash flows. For the three months ended September 30, 2023, the net decrease in the allowance for credit losses on available-for-sale securities was primarily related to a net release in the capital goods and utility sectors within corporate securities due to investment restructurings. For the nine months ended September 30, 2024, the net increase in the allowance for credit losses on available-for-sale securities was primarily related to net additions in the consumer non-cyclical, consumer cyclical and energy sectors within corporate securities due to adverse projected cash flows, partially offset by a net release within foreign government securities. For the nine months ended September 30, 2023, the net increase in the allowance for credit losses on available-for-sale securities was primarily related to net additions in the communications and technology sectors within corporate securities, as well as foreign government securities due to adverse projected cash flows. Partially offsetting the additions was a net release within the capital goods and utility sectors within corporate securities. The Company did not have any fixed maturity securities purchased with credit deterioration as of September 30, 2024 or December 31, 2023. Assets Supporting Experience-Rated Contractholder Liabilities The following table sets forth the composition of “Assets supporting experience-rated contractholder liabilities,” as of the dates indicated: September 30, 2024 December 31, 2023 Amortized Fair Amortized Fair (in millions) Fixed maturities: Corporate securities $ 76 $ 75 $ 81 $ 79 Foreign government securities 608 606 606 604 Obligations of U.S. government authorities and agencies and obligations of U.S. states 222 224 202 206 Total fixed maturities(1) 906 905 889 889 Equity securities 1,787 2,749 1,607 2,279 Total assets supporting experience-rated contractholder liabilities(2) $ 2,693 $ 3,654 $ 2,496 $ 3,168 __________ (1) As a percentage of amortized cost, 99% of the portfolio was considered high or highest quality based on NAIC or equivalent ratings as of both September 30, 2024 and December 31, 2023. (2) As a percentage of amortized cost, 100% of the portfolio consisted of public securities as of both September 30, 2024 and December 31, 2023. The net change in unrealized gains (losses) from assets supporting experience-rated contractholder liabilities still held at period end, recorded within “Other income (loss),” was $(47) million and $(27) million during the three months ended September 30, 2024 and 2023, respectively, and $326 million and $341 million during the nine months ended September 30, 2024 and 2023, respectively. Fixed Maturities, Trading The net change in unrealized gains (losses) from fixed maturities, trading still held at period end, recorded within “Other income (loss),” was $543 million and $(295) million during the three months ended September 30, 2024 and 2023, respectively, and $216 million and $(190) million during the nine months ended September 30, 2024 and 2023, respectively. Equity Securities The net change in unrealized gains (losses) from equity securities still held at period end, recorded within “Other income (loss),” was $179 million and $(276) million during the three months ended September 30, 2024 and 2023, respectively, and $822 million and $300 million during the nine months ended September 30, 2024 and 2023, respectively. Concentrations of Financial Instruments The Company monitors its concentrations of financial instruments and mitigates credit risk by maintaining a diversified investment portfolio which limits exposure to any single issuer. As of the dates indicated, the Company’s exposure to concentrations of credit risk of single issuers greater than 10% of the Company’s equity included securities of the U.S. government and certain U.S. government agencies and securities guaranteed by the U.S. government, as well as the securities disclosed below: September 30, 2024 December 31, 2023 Amortized Fair Amortized Fair (in millions) Investments in Japanese government and government agency securities: Fixed maturities, available-for-sale $ 62,117 $ 57,669 $ 62,591 $ 61,484 Fixed maturities, trading 20 19 19 19 Assets supporting experience-rated contractholder liabilities 527 519 522 514 Total $ 62,664 $ 58,207 $ 63,132 $ 62,017 September 30, 2024 December 31, 2023 Amortized Fair Amortized Fair (in millions) Investments in Brazil government and government agency securities: Fixed maturities, available-for-sale $ 3,005 $ 2,688 $ 3,028 $ 2,992 Fixed maturities, trading 48 47 0 0 Short-term investments 18 18 0 0 Cash equivalents 250 250 427 427 Total $ 3,321 $ 3,003 $ 3,455 $ 3,419 Commercial Mortgage and Other Loans The following table sets forth the composition of “Commercial mortgage and other loans,” as of the dates indicated: September 30, 2024 December 31, 2023 Amount % of Amount % of ($ in millions) Commercial mortgage and agricultural property loans by property type: Office $ 8,216 13.2 % $ 8,402 14.2 % Retail 5,409 8.7 5,384 9.1 Apartments/Multi-Family 17,710 28.5 16,555 28.0 Industrial 16,463 26.5 15,263 25.8 Hospitality 2,010 3.2 2,086 3.5 Other 4,507 7.4 4,069 6.9 Total commercial mortgage loans 54,315 87.5 51,759 87.5 Agricultural property loans 7,738 12.5 7,426 12.5 Total commercial mortgage and agricultural property loans 62,053 100.0 % 59,185 100.0 % Allowance for credit losses (555) (459) Total net commercial mortgage and agricultural property loans 61,498 58,726 Other loans: Uncollateralized loans 674 425 Residential property loans 23 30 Other collateralized loans 426 125 Total other loans 1,123 580 Allowance for credit losses (48) (1) Total net other loans 1,075 579 Total net commercial mortgage and other loans(1) $ 62,573 $ 59,305 __________ (1) Includes loans which are carried at fair value under the fair value option and are collateralized primarily by apartment complexes. As of September 30, 2024 and December 31, 2023, the net carrying value of these loans was $1,098 million and $519 million, respectively. As of September 30, 2024, the commercial mortgage and agricultural property loans were secured by properties geographically dispersed throughout the United States with the largest concentrations in California (29%), Texas (7%) and New York (5%), and included loans secured by properties in Europe (7%), Mexico (2%), Asia (1%) and Australia (1%). The following tables set forth the activity in the allowance for credit losses for commercial mortgage and other loans, for the periods indicated: Three Months Ended September 30, 2024 Commercial Agricultural Residential Other Uncollateralized Total (in millions) Allowance, beginning of period $ 489 $ 24 $ 0 $ 33 $ 18 $ 564 Addition to (release of) allowance for expected losses (6) 53 0 (1) (2) 44 Write-offs charged against the allowance 0 (5) 0 0 0 (5) Change in foreign exchange 0 0 0 0 0 0 Allowance, end of period $ 483 $ 72 $ 0 $ 32 $ 16 $ 603 Three Months Ended September 30, 2023 Commercial Agricultural Residential Other Uncollateralized Total (in millions) Allowance, beginning of period $ 224 $ 16 $ 0 $ 0 $ 1 $ 241 Addition to (release of) allowance for expected losses 90 0 0 0 0 90 Change in foreign exchange 1 0 0 0 0 1 Allowance, end of period $ 315 $ 16 $ 0 $ 0 $ 1 $ 332 Nine Months Ended September 30, 2024 Commercial Agricultural Residential Other Uncollateralized Total (in millions) Allowance, beginning of period $ 443 $ 16 $ 0 $ 0 $ 1 $ 460 Addition to (release of) allowance for expected losses 41 61 0 32 15 149 Write-offs charged against the allowance 0 (5) 0 0 0 (5) Reduction for loans sold during the period 0 0 0 0 0 0 Change in foreign exchange (1) 0 0 0 0 (1) Allowance, end of period $ 483 $ 72 $ 0 $ 32 $ 16 $ 603 Nine Months Ended September 30, 2023 Commercial Agricultural Residential Other Uncollateralized Total (in millions) Allowance, beginning of period $ 188 $ 13 $ 0 $ 0 $ 2 $ 203 Addition to (release of) allowance for expected losses 125 3 0 0 0 128 Reduction for loans sold during the period 0 0 0 0 (1) (1) Change in foreign exchange 2 0 0 0 0 2 Allowance, end of period $ 315 $ 16 $ 0 $ 0 $ 1 $ 332 For additional information regarding the Company’s methodology for developing its allowance and expected losses, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. For the three months ended September 30, 2024, the net addition to the allowance for credit losses on commercial mortgage and other loans was primarily due to an increase in the loan-specific reserve related to agricultural property loans. For the three months ended September 30, 2023, the net addition to the allowance for credit losses on commercial mortgage and other loans was due to an increase in loan-specific reserves related to commercial mortgage loans within the office sector and increases to the portfolio reserve to reflect declining market conditions. For the nine months ended September 30, 2024, the net addition to the allowance for credit losses on commercial mortgage and other loans was primarily due to increases in the loan-specific reserves related to agricultural property loans and commercial mortgage loans within the office sector along with the establishment of loan-specific reserves for both the collateralized and uncollateralized consumer loan portfolios. For the nine months ended September 30, 2023, the net addition to the allowance for credit losses on commercial mortgage and other loans was due to an increase in loan-specific reserves related to commercial mortgage loans within the office sector and increases to the portfolio reserve to reflect declining market conditions. The following tables set forth key credit quality indicators based upon the recorded investment gross of allowance for credit losses, as of the dates indicated: September 30, 2024 Amortized Cost by Origination Year 2024 2023 2022 2021 2020 Prior Revolving Loans Total (in millions) Commercial mortgage loans Loan-to-Value Ratio: 0%-59.99% $ 1,265 $ 1,631 $ 1,021 $ 2,186 $ 1,234 $ 17,757 $ 11 $ 25,105 60%-69.99% 4,334 2,585 1,040 2,355 1,048 5,879 0 17,241 70%-79.99% 467 911 1,110 1,355 447 2,258 0 6,548 80% or greater 50 137 495 229 282 4,228 0 5,421 Total $ 6,116 $ 5,264 $ 3,666 $ 6,125 $ 3,011 $ 30,122 $ 11 $ 54,315 Debt Service Coverage Ratio: Greater than 1.2x $ 5,436 $ 4,779 $ 3,140 $ 6,022 $ 2,853 $ 27,250 $ 11 $ 49,491 1.0 - 1.2x 597 335 374 52 104 1,556 0 3,018 Less than 1.0x 83 150 152 51 54 1,316 0 1,806 Total $ 6,116 $ 5,264 $ 3,666 $ 6,125 $ 3,011 $ 30,122 $ 11 $ 54,315 Agricultural property loans Loan-to-Value Ratio: 0%-59.99% $ 344 $ 374 $ 897 $ 2,019 $ 686 $ 1,789 $ 132 $ 6,241 60%-69.99% 58 555 124 10 53 43 0 843 70%-79.99% 0 0 0 0 0 3 0 3 80% or greater 0 6 517 0 71 5 52 651 Total $ 402 $ 935 $ 1,538 $ 2,029 $ 810 $ 1,840 $ 184 $ 7,738 Debt Service Coverage Ratio: Greater than 1.2x $ 394 $ 866 $ 1,004 $ 1,976 $ 737 $ 1,632 $ 132 $ 6,741 1.0 - 1.2x 8 64 526 45 57 153 52 905 Less than 1.0x 0 5 8 8 16 55 0 92 Total $ 402 $ 935 $ 1,538 $ 2,029 $ 810 $ 1,840 $ 184 $ 7,738 December 31, 2023 Amortized Cost by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Loans Total (in millions) Commercial mortgage loans Loan-to-Value Ratio: 0%-59.99% $ 1,822 $ 911 $ 2,264 $ 1,437 $ 3,205 $ 16,569 $ 0 $ 26,208 60%-69.99% 2,765 1,440 2,541 1,107 2,146 4,530 0 14,529 70%-79.99% 1,001 1,004 1,278 401 1,013 2,277 0 6,974 80% or greater 145 357 203 330 209 2,804 0 4,048 Total $ 5,733 $ 3,712 $ 6,286 $ 3,275 $ 6,573 $ 26,180 $ 0 $ 51,759 Debt Service Coverage Ratio: Greater than 1.2x $ 5,237 $ 3,194 $ 6,122 $ 3,182 $ 5,988 $ 23,196 $ 0 $ 46,919 1.0 - 1.2x 346 366 82 38 265 1,713 0 2,810 Less than 1.0x 150 152 82 55 320 1,271 0 2,030 Total $ 5,733 $ 3,712 $ 6,286 $ 3,275 $ 6,573 $ 26,180 $ 0 $ 51,759 Agricultural property loans Loan-to-Value Ratio: 0%-59.99% $ 360 $ 880 $ 2,027 $ 774 $ 455 $ 1,481 $ 74 $ 6,051 60%-69.99% 586 668 25 50 20 4 0 1,353 70%-79.99% 7 0 0 0 0 0 0 7 80% or greater 0 0 0 0 15 0 0 15 Total $ 953 $ 1,548 $ 2,052 $ 824 $ 490 $ 1,485 $ 74 $ 7,426 Debt Service Coverage Ratio: Greater than 1.2x $ 948 $ 1,535 $ 2,040 $ 750 $ 489 $ 1,290 $ 74 $ 7,126 1.0 - 1.2x 0 5 4 58 0 151 0 218 Less than 1.0x 5 8 8 16 1 44 0 82 Total $ 953 $ 1,548 $ 2,052 $ 824 $ 490 $ 1,485 $ 74 $ 7,426 For additional information regarding the Company’s commercial mortgage and other loans credit quality monitoring process, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. The Company may grant loan modifications in its commercial mortgage and other loan portfolios to borrowers experiencing financial difficulties. These loan modifications may be in the form of principal forgiveness, interest rate reduction, other-than-insignificant payment delay, term extension or some combination thereof. The amount, timing and extent of modifications granted and subsequent performance are considered in determining any allowance for credit losses. The following tables set forth the amortized cost basis of loan modifications made to borrowers experiencing financial difficulties for the dates indicated: Three Months Ended September 30, 2024 Term Extension % of Amortized Cost Other Than Insignificant Delay in Payment % of Amortized Cost ($ in millions) Commercial mortgage loans $ 0 0.0 % $ 195 0.4 % Agricultural property loans $ 0 0.0 % $ 0 0.0 % Nine Months Ended September 30, 2024 Term Extension % of Amortized Cost Other Than Insignificant Delay in Payment % of Amortized Cost ($ in millions) Commercial mortgage loans $ 341 0.6 % $ 195 0.4 % Agricultural property loans $ 3 0.0 % $ 0 0.0 % The modifications added less than one year to the weighted average life in both the commercial mortgage and agricultural property loan portfolios. During both the three and nine months ended September 30, 2023, the Company did not modify any loans to borrowers experiencing financial difficulties. For the nine months ended September 30, 2024, all commercial mortgage and other loans that were modified to borrowers experiencing financial difficulties were current. The Company did not have any commitments to lend additional funds to borrowers experiencing financial difficulties on modified loans as of September 30, 2024 and December 31, 2023. The following tables set forth an aging of past due commercial mortgage and other loans based upon the recorded investment gross of allowance for credit losses, as well as the amount of commercial mortgage and other loans on non-accrual status, as of the dates indicated: September 30, 2024 Current 30-59 Days 60-89 Days 90 Days or More Past Due(1)(2) Total Past Total Non-Accrual (in millions) Commercial mortgage loans $ 54,054 $ 0 $ 0 $ 261 $ 261 $ 54,315 $ 297 Agricultural property loans 6,984 0 11 743 754 7,738 749 Residential property loans 23 0 0 0 0 23 0 Other collateralized loans 426 0 0 0 0 426 0 Uncollateralized loans 674 0 0 0 0 674 25 Total $ 62,161 $ 0 $ 11 $ 1,004 $ 1,015 $ 63,176 $ 1,071 __________ (1) As of September 30, 2024, there were no loans in this category accruing interest. (2) Includes loans for which no credit losses are expected due to U.S. agency guarantees. (3) For additional information regarding the Company’s policies for accruing interest on loans, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. December 31, 2023 Current 30-59 Days 60-89 Days 90 Days or More Past Due(1)(2) Total Past Total Non-Accrual Status(3) (in millions) Commercial mortgage loans $ 51,665 $ 34 $ 0 $ 60 $ 94 $ 51,759 $ 94 Agricultural property loans 7,392 15 15 4 34 7,426 38 Residential property loans 30 0 0 0 0 30 0 Other collateralized loans 125 0 0 0 0 125 0 Uncollateralized loans 425 0 0 0 0 425 25 Total $ 59,637 $ 49 $ 15 $ 64 $ 128 $ 59,765 $ 157 __________ (1) As of December 31, 2023, there were no loans in this category accruing interest. (2) Primarily includes loans for which no credit losses are expected due to U.S. agency guarantees. (3) For additional information regarding the Company’s policies for accruing interest on loans, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Loans on non-accrual status recognized interest of $11 million and less than $1 million for the three months ended September 30, 2024 and 2023, respectively, and $12 million and less than $1 million for the nine months ended September 30, 2024 and 2023, respectively. Loans on non-accrual status that did not have a related allowance for credit losses were $138 million and $126 million as of September 30, 2024 and December 31, 2023, respectively. The Company did not have any losses on commercial mortgage and other loans purchased with credit deterioration as of September 30, 2024 or December 31, 2023. Other Invested Assets The following table sets forth the composition of “Other invested assets,” as of the dates indicated: September 30, 2024 December 31, 2023 (in millions) LPs/LLCs: Equity method: Private equity $ 10,129 $ 8,929 Hedge funds 3,079 3,164 Real estate-related 2,992 2,578 Subtotal equity method 16,200 14,671 Fair value: Private equity 2,020 1,247 Hedge funds 2,036 2,078 Real estate-related 947 800 Subtotal fair value 5,003 4,125 Total LPs/LLCs 21,203 18,796 Real estate held through direct ownership(1) 1,825 1,794 Derivative instruments 1,147 1,100 Other(2) 1,192 1,165 Total other invested assets $ 25,367 $ 22,855 _________ (1) As of September 30, 2024 and December 31, 2023, real estate held through direct ownership had mortgage debt of $151 million and $158 million, respectively. (2) Primarily includes equity investments accounted for under the measurement alternative, strategic investments made by investment management operations, leveraged leases and member and activity stock held in the Federal Home Loan Bank of New York. For additional information regarding the Company’s holdings in the Federal Home Loan Bank of New York, see Note 18 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Accrued Investment Income The following table sets forth the composition of “Accrued investment income,” as of the dates indicated: September 30, 2024 December 31, 2023 (in millions) Fixed maturities $ 2,987 $ 2,727 Equity securities 9 6 Commercial mortgage and other loans 223 224 Policy loans 253 259 Other invested assets 30 23 Short-term investments and cash equivalents 64 48 Total accrued investment income $ 3,566 $ 3,287 Write-downs on accrued investment income were $1 million and less than $1 million for the three months ended September 30, 2024 and 2023, respectively, and $1 million and less than $1 million for the nine months ended September 30, 2024 and 2023, respectively. Net Investment Income The following table sets forth “Net investment income” by investment type, for the periods indicated: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Fixed maturities, available-for-sale(1) $ 3,805 $ 3,390 $ 11,100 $ 9,921 Fixed maturities, held-to-maturity(1) 0 48 0 148 Fixed maturities, trading 146 65 392 177 Assets supporting experience-rated contractholder liabilities 14 9 41 34 Equity securities 35 38 134 142 Commercial mortgage and other loans 654 578 1,907 1,681 Policy loans 127 124 368 372 Other invested assets 331 352 898 1,046 Short-term investments and cash equivalents 299 260 881 720 Gross investme

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2024
Variable Interest Entity, Measure of Activity [Abstract]
Variable Interest Entities	VARIABLE INTEREST ENTITIES In the normal course of its activities, the Company enters into relationships with various special-purpose entities and other entities that are deemed to be variable interest entities (“VIEs”). For additional information, see Note 4 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Consolidated Variable Interest Entities The table below reflects the carrying amount and balance sheet caption in which the assets and liabilities of consolidated VIEs are reported. The liabilities primarily comprise obligations under debt instruments issued by the VIEs. The creditors of these VIEs do not have recourse to the Company in excess of the assets contained within the VIEs. Consolidated VIEs for which the Other Consolidated VIEs(1) September 30, December 31, September 30, December 31, (in millions) Fixed maturities, available-for-sale $ 926 $ 539 $ 803 $ 836 Fixed maturities, trading 561 943 0 0 Equity securities 88 106 0 0 Commercial mortgage and other loans 755 764 541 0 Other invested assets 6,093 4,319 515 485 Cash and cash equivalents 263 302 0 0 Accrued investment income 7 7 3 3 Other assets 686 1,023 655 636 Total assets of consolidated VIEs $ 9,379 $ 8,003 $ 2,517 $ 1,960 Other liabilities $ 175 $ 588 $ 0 $ 0 Notes issued by consolidated VIEs(2) 1,414 1,374 42 0 Total liabilities of consolidated VIEs $ 1,589 $ 1,962 $ 42 $ 0 __________ (1) Total assets of consolidated VIEs reflect $4,615 million and $4,003 million as of September 30, 2024 and December 31, 2023, respectively, related to VIEs whose beneficial interests are wholly-owned by consolidated subsidiaries. (2) Recourse is limited to the assets of the respective VIE and does not extend to the general credit of the Company. As of September 30, 2024, the maturities of these obligations were between 5 and 13 years. Unconsolidated Variable Interest Entities The Company has determined that it is not the primary beneficiary of certain VIEs for which it may or may not be the investment manager. The Company’s maximum exposure to loss resulting from its relationship with unconsolidated VIEs is limited to its investment in the VIEs, which was $1,242 million and $1,165 million as of September 30, 2024 and December 31, 2023, respectively. These investments are reflected in “Fixed maturities, available-for-sale,” “Fixed maturities, trading,” “Equity securities” and “Other invested assets.” There are no liabilities associated with these unconsolidated VIEs on the Company’s Unaudited Interim Consolidated Statements of Financial Position. In addition, in the normal course of its activities, the Company will invest in structured investments including VIEs for which it is not the investment manager. These structured investments typically invest in fixed income investments and are managed by third parties and include asset-backed securities, commercial mortgage-backed securities and residential mortgage-backed securities. The Company’s maximum exposure to loss on these structured investments, both VIEs and non-VIEs, is limited to the amount of its investment. See Note 3 for details regarding the carrying amounts and classification of these assets. The Company has not provided material financial or other support that was not contractually required to these structures. The Company has determined that it is not the primary beneficiary of these structures due to the fact that it does not control these entities. Limited Partnerships and Limited Liability Companies In the normal course of its activities, the Company will invest in limited partnerships and limited liability companies (“LPs/LLCs”), which include hedge funds, private equity funds and real estate-related funds and may or may not be VIEs. The Company classifies these investments as “Other invested assets” and its maximum exposure to loss associated with these VIE and non-VIE entities is limited to the amount of its investment, which was $21,203 million and $18,796 million as of September 30, 2024 and December 31, 2023, respectively.

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	5. DERIVATIVES AND HEDGING Types of Derivative and Hedging Instruments The Company utilizes various derivatives and hedging instruments to manage certain of its risks. Commonly used derivative and non-derivative hedging instruments include, but are not necessarily limited to: • Interest rate contracts: futures, swaps, forwards, options, caps and floors • Equity contracts: futures, options and total return swaps • Foreign exchange contracts: futures, options, forwards, swaps, and foreign currency debt instruments • Credit contracts: single and index reference credit default swaps Other types of financial contracts that the Company accounts for as derivatives are: • To-be-announced (“TBA”) forward contracts, loan commitments, embedded derivatives and synthetic guaranteed investment contracts (“GICs”). For detailed information regarding these contracts and the related strategies, see Note 5 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Primary Risks Managed by Derivatives The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $1,151 million and $1,103 million as of September 30, 2024 and December 31, 2023, respectively, and total derivative liabilities of $3,764 million and $4,181 million as of September 30, 2024 and December 31, 2023, respectively, reflected in the Unaudited Interim Consolidated Statements of Financial Position. Primary Underlying Risk /Instrument Type September 30, 2024 December 31, 2023 Fair Value Fair Value Gross Notional Assets Liabilities Gross Notional Assets Liabilities (in millions) Derivatives Designated as Hedge Accounting Instruments: Interest Rate Interest Rate Swaps $ 4,262 $ 73 $ (218) $ 3,582 $ 55 $ (252) Interest Rate Forwards 0 0 0 0 0 0 Foreign Currency Foreign Currency Forwards 4,903 33 (235) 4,748 43 (195) Currency/Interest Rate Foreign Currency Swaps 30,295 1,722 (726) 27,933 1,952 (676) Total Derivatives Designated as Hedge Accounting Instruments $ 39,460 $ 1,828 $ (1,179) $ 36,263 $ 2,050 $ (1,123) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate Interest Rate Swaps $ 226,706 $ 7,941 $ (20,314) $ 224,445 $ 8,604 $ (21,599) Interest Rate Futures 9,418 23 (44) 10,448 7 (26) Interest Rate Options 34,198 244 (1,033) 32,718 292 (1,095) Interest Rate Forwards 4,589 56 (19) 3,678 39 (14) Foreign Currency Foreign Currency Forwards 27,231 989 (941) 27,686 965 (954) Currency/Interest Rate Foreign Currency Swaps 7,480 460 (157) 7,771 502 (164) Credit Credit Default Swaps 3,949 80 0 3,446 64 0 Equity Equity Futures 1,249 3 (1) 672 1 (2) Equity Options 82,356 4,163 (2,730) 51,792 1,688 (1,662) Total Return Swaps 11,188 124 (350) 9,237 48 (514) Other Other(1) 1,250 0 0 1,250 0 0 Synthetic GICs 75,271 2 (2) 78,009 1 (1) Total Derivatives Not Qualifying as Hedge Accounting Instruments $ 484,885 $ 14,085 $ (25,591) $ 451,152 $ 12,211 $ (26,031) Total Derivatives(2)(3) $ 524,345 $ 15,913 $ (26,770) $ 487,415 $ 14,261 $ (27,154) __________ (1) “Other” primarily includes derivative contracts used to improve the balance of the Company’s tail longevity and mortality risk. Under these contracts, the Company’s gains (losses) are capped at the notional amount. (2) Excludes embedded derivatives which contain multiple underlying risks. The fair value of these embedded derivatives was a net liability of $12,232 million (including the Prismic funds withheld related embedded derivative net liability of $578 million) and $8,096 million (including the Prismic funds withheld related embedded derivative net liability of $508 million) as of September 30, 2024 and December 31, 2023, respectively, primarily included in “Policyholders’ account balances” and “Reinsurance and funds withheld payables.” (3) Recorded in “Other invested assets” and “Other liabilities” on the Unaudited Interim Consolidated Statements of Financial Position. As of September 30, 2024, the following amounts were recorded on the Unaudited Interim Consolidated Statements of Financial Position related to the carrying amount of the hedged assets (liabilities) and cumulative basis adjustments included in the carrying amount for fair value hedges. September 30, 2024 December 31, 2023 Balance Sheet Line Item in which Hedged Item is Recorded Carrying Amount of the Hedged Assets (Liabilities) Cumulative Amount of Carrying Amount of the Hedged Assets (Liabilities) Cumulative Amount of (in millions) Fixed maturities, available-for-sale, at fair value $ 227 $ 19 $ 224 $ 19 Policyholders’ account balances $ (1,598) $ 223 $ (810) $ 219 Future policy benefits $ (2,515) $ 189 $ (2,441) $ 298 __________ (1) There were no material fair value hedging adjustments for hedged assets and liabilities for which hedge accounting has been discontinued. Most of the Company’s derivatives do not qualify for hedge accounting for various reasons. For example: (i) derivatives that economically hedge embedded derivatives do not qualify for hedge accounting because changes in the fair value of the embedded derivatives are already recorded in net income; (ii) derivatives that are utilized as macro hedges of the Company’s exposure to various risks typically do not qualify for hedge accounting because they do not meet the criteria required under portfolio hedge accounting rules; and (iii) synthetic GICs, which are product standalone derivatives, do not qualify as hedging instruments under hedge accounting rules. Offsetting Assets and Liabilities The following tables present recognized derivative instruments (excluding embedded derivatives), and repurchase and reverse repurchase agreements that are offset in the Unaudited Interim Consolidated Statements of Financial Position, and/or are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in the Unaudited Interim Consolidated Statements of Financial Position. September 30, 2024 Gross Gross Net Financial Net (in millions) Offsetting of Financial Assets: Derivatives $ 15,789 $ (14,762) $ 1,027 $ (243) $ 784 Securities purchased under agreements to resell 617 0 617 (342) 275 Total assets $ 16,406 $ (14,762) $ 1,644 $ (585) $ 1,059 Offsetting of Financial Liabilities: Derivatives $ 26,768 $ (23,006) $ 3,762 $ (2,881) $ 881 Securities sold under agreements to repurchase 7,455 0 7,455 (6,836) 619 Total liabilities $ 34,223 $ (23,006) $ 11,217 $ (9,717) $ 1,500 December 31, 2023 Gross Gross Net Financial Net (in millions) Offsetting of Financial Assets: Derivatives $ 14,169 $ (13,158) $ 1,011 $ (240) $ 771 Securities purchased under agreements to resell 388 0 388 (363) 25 Total assets $ 14,557 $ (13,158) $ 1,399 $ (603) $ 796 Offsetting of Financial Liabilities: Derivatives $ 27,154 $ (22,973) $ 4,181 $ (3,775) $ 406 Securities sold under agreements to repurchase 6,056 0 6,056 (5,811) 245 Total liabilities $ 33,210 $ (22,973) $ 10,237 $ (9,586) $ 651 __________ (1) Amounts exclude the excess of collateral received/pledged from/to the counterparty. For information regarding the rights of offset associated with the derivative assets and liabilities in the table above, see “—Counterparty Credit Risk” below. For securities purchased under agreements to resell and securities sold under agreements to repurchase, the Company monitors the value of the securities and maintains collateral, as appropriate, to protect against credit exposure. Where the Company has entered into repurchase and resale agreements with the same counterparty, in the event of default, the Company would generally be permitted to exercise rights of offset. For additional information regarding the Company’s accounting policy for securities repurchase and resale agreements, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Cash Flow, Fair Value and Net Investment Hedges The primary derivative and non-derivative instruments used by the Company in its fair value, cash flow and net investment hedge accounting relationships are interest rate swaps, currency swaps, currency forwards, and foreign currency denominated debts. These instruments are only designated for hedge accounting in instances where the appropriate criteria are met. The Company does not use futures, options, credit, or equity derivatives in any of its fair value, cash flow or net investment hedge accounting relationships. The following tables provide the financial statement classification and impact of derivatives used in qualifying and non-qualifying hedge relationships, including the offset of the hedged item in fair value hedge relationships. Three Months Ended September 30, 2024 Realized Change in Value of Market Risk Benefits, Net of Related Hedging Gain (Loss) Net Other Interest Interest Policyholders’ Benefits Change in AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Gains (losses) on derivatives designated as hedge instruments: Interest Rate $ (7) $ 0 $ 0 $ 0 $ 0 $ 67 $ 74 $ 0 Currency 0 0 0 0 0 0 108 0 Total gains (losses) on derivatives designated as hedge instruments (7) 0 0 0 0 67 182 0 Gains (losses) on the hedged item: Interest Rate 7 0 3 0 0 (70) (79) 0 Currency 0 0 0 0 0 0 (107) 0 Total gains (losses) on hedged item 7 0 3 0 0 (70) (186) 0 Amortization for gains (losses) excluded from assessment of the effectiveness Currency 0 0 0 0 0 0 (2) (94) Total amortization for gains (losses) excluded from assessment of the effectiveness 0 0 0 0 0 0 (2) (94) Total gains (losses) on fair value hedges net of hedged item 0 0 3 0 0 (3) (6) (94) Cash flow hedges Interest Rate 0 0 (5) 0 0 0 0 19 Currency 0 0 0 0 0 0 0 (69) Currency/Interest Rate 30 0 83 (230) 0 0 0 (755) Total gains (losses) on cash flow hedges 30 0 78 (230) 0 0 0 (805) Net investment hedges Currency 0 0 0 0 0 0 0 (15) Currency/Interest Rate 0 0 0 0 0 0 0 0 Total gains (losses) on net investment hedges 0 0 0 0 0 0 0 (15) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 758 700 0 0 0 0 0 0 Currency (19) 0 0 0 0 0 0 0 Currency/Interest Rate (152) 0 0 (2) 0 0 0 0 Credit 33 0 0 0 0 0 0 0 Equity 641 (354) 0 0 0 0 0 0 Other 0 0 0 0 0 0 0 0 Embedded Derivatives(2) (2,036) 0 0 0 0 0 0 0 Total gains (losses) on derivatives not qualifying as hedge accounting instruments (775) 346 0 (2) 0 0 0 0 Total $ (745) $ 346 $ 81 $ (232) $ 0 $ (3) $ (6) $ (914) Nine Months Ended September 30, 2024 Realized Change in Value of Market Risk Benefits, Net of Related Hedging Gain (Loss) Net Other Interest Interest Policyholders’ Benefits Change in AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Gains (losses) on derivatives designated as hedge instruments: Interest Rate $ (1) $ 0 $ 0 $ 0 $ 0 $ (3) $ (8) $ 0 Currency 0 0 0 0 0 0 93 0 Total gains (losses) on derivatives designated as hedge instruments (1) 0 0 0 0 (3) 85 0 Gains (losses) on the hedged item: Interest Rate 1 0 9 0 0 4 (16) 0 Currency 0 0 0 0 0 0 (93) 0 Total gains (losses) on hedged item 1 0 9 0 0 4 (109) 0 Amortization for gains (losses) excluded from assessment of the effectiveness Currency 0 0 0 0 0 0 (7) (103) Total amortization for gains (losses) excluded from assessment of the effectiveness 0 0 0 0 0 0 (7) (103) Total gains (losses) on fair value hedges net of hedged item 0 0 9 0 0 1 (31) (103) Cash flow hedges Interest Rate (14) 0 (12) 0 0 0 0 20 Currency 0 0 0 0 0 0 0 (45) Currency/Interest Rate 58 0 241 (145) 0 0 0 (150) Total gains (losses) on cash flow hedges 44 0 229 (145) 0 0 0 (175) Net investment hedges Currency 0 0 0 0 0 0 0 (2) Currency/Interest Rate 0 0 0 0 0 0 0 0 Total gains (losses) on net investment hedges 0 0 0 0 0 0 0 (2) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate (275) (712) 0 0 0 0 0 0 Currency (58) 0 0 (1) 0 0 0 0 Currency/Interest Rate 21 0 0 (2) 0 0 0 0 Credit 89 0 0 0 0 0 0 0 Equity 2,681 (914) 0 0 0 0 0 0 Other 0 0 0 0 0 0 0 0 Embedded Derivatives(2) (2,671) 0 0 0 0 0 0 0 Total gains (losses) on derivatives not qualifying as hedge accounting instruments (213) (1,626) 0 (3) 0 0 0 0 Total $ (169) $ (1,626) $ 238 $ (148) $ 0 $ 1 $ (31) $ (280) Three Months Ended September 30, 2023 Realized Change in Value of Market Risk Benefits, Net of Related Hedging Gain (Loss) Net Other Interest Interest Policyholders’ Benefits Change in AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Gains (losses) on derivatives designated as hedge instruments: Interest Rate $ 10 $ 0 $ 0 $ 0 $ 0 $ (110) $ (141) $ 0 Currency 0 0 0 0 0 0 (73) 0 Total gains (losses) on derivatives designated as hedge instruments 10 0 0 0 0 (110) (214) 0 Gains (losses) on the hedged item: Interest Rate (9) 0 3 0 0 104 189 0 Currency 0 0 0 0 0 0 72 0 Total gains (losses) on hedged item (9) 0 3 0 0 104 261 0 Amortization for gains (losses) excluded from assessment of the effectiveness Currency 0 0 0 0 0 0 (2) 131 Total amortization for gains (losses) excluded from assessment of the effectiveness 0 0 0 0 0 0 (2) 131 Total gains (losses) on fair value hedges net of hedged item 1 0 3 0 0 (6) 45 131 Cash flow hedges Interest Rate 0 0 (3) 0 0 0 0 (40) Currency 0 0 0 0 0 0 0 0 Currency/Interest Rate 3 0 75 144 0 0 0 (109) Total gains (losses) on cash flow hedges 3 0 72 144 0 0 0 (149) Net investment hedges Currency 0 0 0 0 0 0 0 11 Currency/Interest Rate 0 0 0 0 0 0 0 0 Total gains (losses) on net investment hedges 0 0 0 0 0 0 0 11 Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate (1,918) (2,314) 0 0 0 0 0 0 Currency 70 0 0 (1) 0 0 0 0 Currency/Interest Rate 34 0 0 1 0 0 0 0 Credit 1 0 0 0 0 0 0 0 Equity (461) 314 0 0 0 0 0 0 Other 0 0 0 0 0 0 0 0 Embedded Derivatives 298 0 0 0 0 0 0 0 Total gains (losses) on derivatives not qualifying as hedge accounting instruments (1,976) (2,000) 0 0 0 0 0 0 Total $ (1,972) $ (2,000) $ 75 $ 144 $ 0 $ (6) $ 45 $ (7) Nine Months Ended September 30, 2023 Realized Change in Value of Market Risk Benefits, Net of Related Hedging Gain (Loss) Net Other Interest Interest Policyholders’ Benefits Change in AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Gains (losses) on derivatives designated as hedge instruments: Interest Rate $ 11 $ 0 $ 0 $ 0 $ 0 $ (126) $ (155) $ 0 Currency (1) 0 (1) 0 0 0 26 0 Total gains (losses) on derivatives designated as hedge instruments 10 0 (1) 0 0 (126) (129) 0 Gains (losses) on the hedged item: Interest Rate (10) 0 9 0 0 105 185 0 Currency 0 0 0 0 0 0 (25) 0 Total gains (losses) on hedged item (10) 0 9 0 0 105 160 0 Amortization for gains (losses) excluded from assessment of the effectiveness Currency 0 0 0 0 0 0 (6) 36 Total amortization for gains (losses) excluded from assessment of the effectiveness 0 0 0 0 0 0 (6) 36 Total gains (losses) on fair value hedges net of hedged item 0 0 8 0 0 (21) 25 36 Cash flow hedges Interest Rate (22) 0 (10) 0 0 0 0 (9) Currency 8 0 0 0 0 0 0 (40) Currency/Interest Rate 51 0 237 (2) 0 0 0 (620) Total gains (losses) on cash flow hedges 37 0 227 (2) 0 0 0 (669) Net investment hedges Currency 0 0 0 0 0 0 0 27 Currency/Interest Rate 0 0 0 0 0 0 0 0 Total gains (losses) on net investment hedges 0 0 0 0 0 0 0 27 Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate (1,693) (3,069) 0 0 0 0 0 0 Currency (440) 0 0 4 0 0 0 0 Currency/Interest Rate (29) 0 0 (1) 0 0 0 0 Credit 86 0 0 0 0 0 0 0 Equity 689 (363) 0 0 0 0 0 0 Other 0 0 0 0 0 0 0 0 Embedded Derivatives (918) 0 0 0 0 0 0 0 Total gains (losses) on derivatives not qualifying as hedge accounting instruments (2,305) (3,432) 0 3 0 0 0 0 Total $ (2,268) $ (3,432) $ 235 $ 1 $ 0 $ (21) $ 25 $ (606) __________ (1) Excludes changes related to net investment hedges using non-derivative instruments of $(122) million and $(21) million for the three and nine months ended September 30, 2024, respectively, and $15 million and $60 million for the three and nine months ended September 30, 2023, respectively. (2) Includes the Prismic funds withheld related embedded derivative realized gain (loss) of $(543) million and $(71) million for the three and nine months ended September 30, 2024, respectively. Presented below is a rollforward of current period cash flow hedges in AOCI before taxes: (in millions) Balance, December 31, 2023 $ 869 Amount recorded in AOCI: Interest Rate (5) Currency (42) Currency/Interest Rate 4 Total amount recorded in AOCI (43) Amount reclassified from AOCI to income: Interest Rate 25 Currency (3) Currency/Interest Rate (154) Total amount reclassified from AOCI to income (132) Balance, September 30, 2024 $ 694 The changes in fair value of cash flow hedges are deferred in AOCI and are included in “Net unrealized investment gains (losses)” in the Unaudited Interim Consolidated Statements of Comprehensive Income; these amounts are then reclassified to earnings when the hedged item affects earnings. Using September 30, 2024 values, it is estimated that a pre-tax gain of $291 million is expected to be reclassified from AOCI to earnings during the subsequent twelve months ending September 30, 2025. The exposures the Company is hedging with these qualifying cash flow hedges include the variability of future cash flows from forecasted transactions denominated in foreign currencies, the purchases of invested assets, and the receipt or payment of variable interest on existing financial instruments. The maximum length of time over which the Company is hedging its exposure to the variability in future cash flows for forecasted transactions is 27 years. There were no material amounts reclassified from AOCI into earnings relating to instances in which the Company discontinued cash flow hedge accounting because the forecasted transaction did not occur by the anticipated date or within the additional time period permitted by the authoritative guidance for the accounting for derivatives and hedging. In addition, there were no instances in which the Company discontinued fair value hedge accounting due to a hedged firm commitment no longer qualifying as a fair value hedge. For net investment hedges, in addition to derivatives, the Company uses foreign currency denominated debt to hedge the risk of change in the net investment in a foreign subsidiary due to changes in exchange rates. For effective net investment hedges, the amounts, before applicable taxes, recorded in the cumulative translation adjustment within AOCI were $(136) million and $(23) million for the three and nine months ended September 30, 2024, respectively, and $25 million and $86 million for the three and nine months ended September 30, 2023, respectively. Credit Derivatives The following tables provide a summary of the notional and fair value of written credit protection, presented as assets (liabilities). The Company’s maximum amount at risk under these credit derivatives, assuming the value of the underlying referenced securities become worthless, is equal to the notional amounts. These credit derivatives have maturities of less than 11 years for index reference. September 30, 2024 NAIC Rating Designation of Underlying Credit Obligation(1) NAIC 1 NAIC 2 NAIC 3 NAIC 4 NAIC 5 NAIC 6(2) Total Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value (in millions) Single name reference(3) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Index reference(3) 0 0 0 0 3,365 35 0 0 0 0 584 45 3,949 80 Total $ 0 $ 0 $ 0 $ 0 $ 3,365 $ 35 $ 0 $ 0 $ 0 $ 0 $ 584 $ 45 $ 3,949 $ 80 December 31, 2023 NAIC Rating Designation of Underlying Credit Obligation(1) NAIC 1 NAIC 2 NAIC 3 NAIC 4 NAIC 5 NAIC 6(2) Total Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value (in millions) Single name reference(3) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Index reference(3) 0 0 0 0 2,723 19 0 0 89 5 634 40 3,446 64 Total $ 0 $ 0 $ 0 $ 0 $ 2,723 $ 19 $ 0 $ 0 $ 89 $ 5 $ 634 $ 40 $ 3,446 $ 64 _________ (1) The NAIC rating designations are based on availability and the lowest ratings among Moody's Investors Service, Inc. (“Moody's”), Standard & Poor’s Rating Services (“S&P”) and Fitch Ratings Inc. (“Fitch”). If no rating is available from a rating agency, a NAIC 6 rating is used. (2) The NAIC rating designation is due to approximately 4% and 3% of the index reference name rated as NAIC 6 as of September 30, 2024 and December 31, 2023, respectively. (3) Single name credit default swaps may make reference to the credit of corporate debt, sovereign debt, and structured finance. Index reference NAIC designations are based on the lowest rated single name reference included in the index. The Company has no purchased credit protection as of September 30, 2024 and December 31, 2023. Counterparty Credit Risk The Company is exposed to losses in the event of non-performance by counterparties to financial derivative transactions with a positive fair value. The Company manages credit risk by: (i) entering into derivative transactions with highly rated major financial institutions and other creditworthy counterparties governed by master netting agreements, as applicable; (ii) trading through central clearing and over-the-counte r (“OTC” ) parties; (iii) obtaining collateral, such as cash and securities, when appropriate; and (iv) setting limits on single party credit exposures which are subject to periodic management review. Substantially all of the Company’s derivative agreements have zero thresholds which require daily full collateralization by the party in a liability position. In addition, certain of the Company’s derivative agreements contain credit-risk related contingent features; if the credit rating of one of the parties to the derivative agreement is to fall below a certain level, the party with positive fair value could request termination at the then fair value or demand immediate full collateralization from the party whose credit rating fell and is in a net liability position. As of September 30, 2024, there were no net liability derivative positions with counterparties with credit risk-related contingent features. All derivatives have been appropriately collateralized by the Company or the counterparty in accordance with the terms of the derivative agreements.

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value of Assets and Liabilities	6. FAIR VALUE OF ASSETS AND LIABILITIES Fair Value Measurement —Fair value represents the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The authoritative fair value guidance establishes a framework for measuring fair value that includes a hierarchy used to classify the inputs used in measuring fair value. The level in the fair value hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement. The levels of the fair value hierarchy are as follows: Level 1—Fair value is based on unadjusted quoted prices in active markets that are accessible to the Company for identical assets or liabilities. Level 2—Fair value is based on significant inputs, other than quoted prices included in Level 1, that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability through corroboration with observable market data. Level 2 inputs include quoted prices in active markets for similar assets and liabilities, quoted prices in markets that are not active for identical or similar assets or liabilities, and other market observable inputs. Level 3—Fair value is based on at least one significant unobservable input for the asset or liability. The assets and liabilities in this category may require significant judgment or estimation in determining the fair value. For a discussion of the Company’s valuation methodologies for assets and liabilities measured at fair value and the fair value hierarchy, see Note 6 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Assets and Liabilities by Hierarchy Level —The tables below present the balances of assets and liabilities reported at fair value on a recurring basis, as of the dates indicated. September 30, 2024 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 0 $ 25,648 $ 0 $ $ 25,648 Obligations of U.S. states and their political subdivisions 0 7,023 6 7,029 Foreign government securities 0 65,453 7 65,460 U.S. corporate public securities 0 110,143 65 110,208 U.S. corporate private securities(2) 0 40,838 3,641 44,479 Foreign corporate public securities 0 23,734 79 23,813 Foreign corporate private securities 0 34,104 1,829 35,933 Asset-backed securities(3) 0 14,861 1,362 16,223 Commercial mortgage-backed securities 0 8,364 908 9,272 Residential mortgage-backed securities 0 2,655 10 2,665 Subtotal 0 332,823 7,907 340,730 Assets supporting experience-rated contractholder liabilities: U.S. Treasury securities and obligations of U.S. government authorities and agencies 0 224 0 224 Foreign government securities 0 606 0 606 Corporate securities 0 75 0 75 Equity securities 1,353 1,396 0 2,749 Subtotal 1,353 2,301 0 3,654 Market risk benefit assets 0 0 2,134 2,134 Fixed maturities, trading 0 10,451 1,614 12,065 Equity securities 4,361 1,820 590 6,771 Commercial mortgage and other loans 0 1,098 0 1,098 Other invested assets(5) 23 15,888 928 (14,762) 2,077 Short-term investments 1,345 5,625 468 7,438 Cash equivalents 992 8,686 1 9,679 Reinsurance recoverables and deposit receivables 0 (186) 510 324 Other assets 0 0 0 0 Separate account assets(6)(7) 9,383 164,499 272 174,154 Total assets $ 17,457 $ 543,005 $ 14,424 $ (14,762) $ 560,124 Market risk benefit liabilities $ 0 $ 0 $ 5,178 $ $ 5,178 Policyholders’ account balances 0 0 11,977 11,977 Reinsurance and funds withheld payables 0 577 0 577 Other liabilities 45 26,723 2 (23,006) 3,764 Notes issued by consolidated VIEs 0 0 440 440 Total liabilities $ 45 $ 27,300 $ 17,597 $ (23,006) $ 21,936 December 31, 2023 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 0 $ 21,796 $ 0 $ $ 21,796 Obligations of U.S. states and their political subdivisions 0 8,451 7 8,458 Foreign government securities 0 70,182 8 70,190 U.S. corporate public securities 0 98,097 75 98,172 U.S. corporate private securities(2) 0 38,199 2,821 41,020 Foreign corporate public securities 0 19,576 67 19,643 Foreign corporate private securities 0 30,447 1,843 32,290 Asset-backed securities(3) 0 12,236 359 12,595 Commercial mortgage-backed securities 0 8,954 938 9,892 Residential mortgage-backed securities 0 2,265 0 2,265 Subtotal 0 310,203 6,118 316,321 Assets supporting experience-rated contractholder liabilities: U.S. Treasury securities and obligations of U.S. government authorities and agencies 0 206 0 206 Foreign government securities 0 604 0 604 Corporate securities 0 79 0 79 Equity securities 1,004 1,275 0 2,279 Subtotal 1,004 2,164 0 3,168 Market risk benefit assets 0 0 1,981 1,981 Fixed maturities, trading 0 9,361 429 9,790 Equity securities(4) 5,953 1,538 512 8,003 Commercial mortgage and other loans 0 519 0 519 Other invested assets(5) 27 14,234 846 (13,158) 1,949 Short-term investments 125 3,746 29 3,900 Cash equivalents 2,240 8,058 4 10,302 Reinsurance recoverables and deposit receivables 0 (75) 224 149 Other assets 0 0 11 11 Separate account assets(6)(7) 8,925 161,793 1,094 171,812 Total assets $ 18,274 $ 511,541 $ 11,248 $ (13,158) $ 527,905 Market risk benefit liabilities $ 0 $ 0 $ 5,467 $ $ 5,467 Policyholders’ account balances 0 0 7,752 7,752 Reinsurance and funds withheld payables 0 490 0 490 Other liabilities 35 27,112 1 (22,973) 4,175 Notes issued by consolidated VIEs 0 0 778 778 Total liabilities $ 35 $ 27,602 $ 13,998 $ (22,973) $ 18,662 __________ (1) “Netting” amounts represent cash collateral of $(8,244) million and $(9,815) million as of September 30, 2024 and December 31, 2023, respectively, and the impact of offsetting asset and liability positions held with the same counterparty, subject to master netting agreements. (2) Excludes notes with fair value of $14,137 million (carrying amount of $14,126 million) and $12,370 million (carrying amount of $12,370 million) as of September 30, 2024 and December 31, 2023, respectively, which have been offset with the associated debt under a netting agreement. (3) Includes credit-tranched securities collateralized by loan obligations, home equity loans, auto loans, education loans and other asset types. (4) Equity securities excluded from the fair value hierarchy include a fund for which fair value is measured at net asset value (“NAV”) per share (or its equivalent) as a practical expedient. As of December 31, 2023, the fair value of this investment was $239 million. (5) Other invested assets excluded from the fair value hierarchy include certain hedge funds, private equity funds and other funds for which fair value is measured at NAV per share (or its equivalent) as a practical expedient. As of September 30, 2024 and December 31, 2023, the fair value of such investments was $4,984 million and $4,125 million, respectively. (6) Separate account assets included in the fair value hierarchy exclude investments in entities that calculate NAV per share (or its equivalent) as a practical expedient. Such investments excluded from the fair value hierarchy include investments in real estate, hedge funds and other invested assets. As of September 30, 2024 and December 31, 2023, the fair value of such investments was $26,396 million and $27,076 million, respectively. (7) Separate account assets represent segregated funds that are invested for certain customers. Investment risks associated with market value changes are borne by the customers, except to the extent of minimum guarantees made by the Company with respect to certain accounts. Separate account liabilities are not included in the above table as they are reported at contract value and not fair value in the Company’s Unaudited Interim Consolidated Statements of Financial Position. Quantitative Information Regarding Internally-Priced Level 3 Assets and Liabilities —The tables below present quantitative information regarding significant internally-priced Level 3 assets and liabilities. As of September 30, 2024 Fair Value Valuation Unobservable Inputs Minimum Maximum Weighted Impact of (in millions) Assets: Corporate securities(2)(3) $ 4,890 Discounted Discount rate 0.92% 20.00% 11.15% Decrease Market comparables EBITDA multiples(4) 4.0X 8.8X 5.0X Increase Liquidation Liquidation value 0.00% 0.00% 0.00% Increase Commercial mortgage-backed securities $ 908 Discounted Liquidity premium 1.00% 1.00% 1.00% Decrease Market risk benefit assets(6) $ 2,134 Discounted cash flow Lapse rate(8) 1% 20% Increase Spread over SOFR(9) 0.37% 1.84% Increase Utilization rate(10) 37% 94% Decrease Withdrawal rate See table footnote (11) below. Mortality rate(12) 0% 16% Increase Equity volatility curve 15% 25% Decrease Equity securities $ 223 Discounted cash flow Discount rate(5) 0.16% 40% Decrease Market comparables EBITDA multiples(4) 1.0X 12.2X 5.1X Increase Net Asset Value Share price $3 $1,810 $842 Increase Liabilities: Market risk benefit liabilities(6) $ 5,178 Discounted cash flow Lapse rate(8) 1% 20% Decrease Spread over SOFR(9) 0.37% 1.84% Decrease Utilization rate(10) 37% 94% Increase Withdrawal rate See table footnote (11) below. Mortality rate(12) 0% 16% Decrease Equity volatility curve 15% 25% Increase Policyholders’ account balances(7) $ 11,974 Discounted cash flow Lapse rate(8) 0% 80% Decrease Spread over SOFR(9) 0.37% 1.85% Decrease Mortality rate(12) 0% 23% Decrease Option Budget(13) (1)% 7% Increase As of December 31, 2023 Fair Value Valuation Unobservable Inputs Minimum Maximum Weighted Impact of (in millions) Assets: Corporate securities(2)(3) $ 1,311 Discounted Discount rate 0.57% 20.00% 8.65% Decrease Market comparables EBITDA multiples(4) 5.5X 8.8X 7.4X Increase Liquidation Liquidation value 3.55% 68.00% 57.63% Increase Commercial mortgage-backed securities $ 938 Discounted Liquidity premium 0.60% 0.75% 0.70% Decrease Market risk benefit assets(6) $ 1,981 Discounted cash flow Lapse rate(8) 1% 20% Increase Spread over SOFR(9) 0.41% 1.82% Increase Utilization rate(10) 38% 95% Decrease Withdrawal rate See table footnote (11) below. Mortality rate(12) 0% 15% Increase Equity volatility curve 15% 25% Decrease Equity securities $ 246 Discounted cash flow Discount rate(5) 0.16% 20% Decrease Market comparables EBITDA multiples(4) 1.0X 10.0X 6.3X Increase Net Asset Value Share price $3 $1,714 $733 Increase Liabilities: Market risk benefit liabilities(6) $ 5,467 Discounted cash flow Lapse rate(8) 1% 20% Decrease Spread over SOFR(9) 0.41% 1.82% Decrease Utilization rate(10) 38% 95% Increase Withdrawal rate See table footnote (11) below. Mortality rate(12) 0% 15% Decrease Equity volatility curve 15% 25% Increase Policyholders’ account balances(7) $ 7,752 Discounted cash flow Lapse rate(8) 1% 80% Decrease Spread over SOFR(9) 0.41% 1.85% Decrease Mortality rate(12) 0% 23% Decrease Option Budget(13) (1)% 7% Increase ___________ (1) Conversely, the impact of a decrease in input would have the opposite impact on fair value as that presented in the table. (2) Includes assets classified as fixed maturities, available-for-sale, assets supporting experience-rated contractholder liabilities and fixed maturities, trading. (3) Excludes notes which have been offset with the associated debt under a netting agreement. (4) Represents multiples of earnings before interest, taxes, depreciation and amortization (“EBITDA”), and are amounts used when the Company has determined that market participants would use such multiples when valuing the investments. (5) For these investments, a range of discount rates is typically used (10% to 20%) and is therefore a more meaningful representation of the unobservable inputs used in the valuation rather than weighted average. (6) Market risk benefits primarily represent fair value for all living benefit guarantees including accumulation, withdrawal and income benefits. Since the valuation methodology for these assets and liabilities uses a range of inputs that vary at the contract level over the cash flow projection period, presenting a range, rather than weighted average, is a more meaningful representation of the unobservable inputs used in the valuation. (7) Policyholders’ account balances primarily represent general account liabilities for the index-linked interest credited on certain of the Company’s life and annuity products that are accounted for as embedded derivatives. Since the valuation methodology for these liabilities uses a range of inputs that vary at the contract level over the cash flow projection period, presenting a range, rather than a weighted average, is a more meaningful representation of the unobservable inputs used in the valuation. (8) Lapse rates for contracts with living benefit guarantees are adjusted at the contract level based on the in-the-moneyness of the living benefit and reflect other factors, such as the applicability of any surrender charges. Lapse rates are reduced when contracts are more in-the-money. Lapse rates for contracts with index-linked crediting guarantees may be adjusted at the contract level based on the applicability of any surrender charges, product type, and market related factors such as interest rates. Lapse rates are also generally assumed to be lower for the period where surrender charges apply. For any given contract, lapse rates vary throughout the period over which cash flows are projected for the purposes of valuing these balances. (9) The spread over the secured overnight financing rate (“SOFR”) swap curve represents the premium added to the proxy for the risk-free rate (SOFR) to reflect the Company’s estimates of rates that a market participant would use to value the living benefits in both the accumulation and payout phases and index-linked interest crediting guarantees as of September 30, 2024 and December 31, 2023, respectively. This spread includes an estimate of non-performance risk (“NPR”), which is the risk that the obligation will not be fulfilled by the Company. NPR is primarily estimated by utilizing the credit spreads associated with issuing funding agreements, adjusted for any illiquidity risk premium. In order to reflect the financial strength ratings of the Company, credit spreads associated with funding agreements, as opposed to credit spread associated with debt, are utilized in developing this estimate because funding agreements are insurance liabilities and are therefore senior to debt. Effective April 2023, the Company entered into an agreement with The Ohio National Life Insurance Company, now known as AuguStar Life Insurance Company (“AuguStar”), an affiliate of Constellation Insurance Holdings, Inc., to reinsure approximately $10 billion of account values of PDI traditional variable annuity contracts with guaranteed living benefits. See Note 12 for additional information regarding this transaction. As a result of this transaction, a ceded MRB asset balance was established to fair value the reinsurance reimbursements to the Company. The establishment of the fair value also required an estimate of NPR for AuguStar, which may differ from the Company’s; however, the NPR spreads for AuguStar were developed using a methodology similar to that of the Company. (10) The utilization rate assumption estimates the percentage of contracts that will utilize the benefit during the contract duration, and begin lifetime withdrawals at various time intervals from contract inception. The remaining contractholders are assumed to either begin lifetime withdrawals immediately or never utilize the benefit. Utilization assumptions may vary by product type, tax status and age. The impact of changes in these assumptions is highly dependent on the product type, the age of the contractholder at the time of the sale, and the timing of the first lifetime income withdrawal. Range reflects the utilization rate for the vast majority of business with living benefits. (11) The withdrawal rate assumption estimates the magnitude of annual contractholder withdrawals relative to the maximum allowable amount under the contract. These assumptions vary based on the age of the contractholder, the tax status of the contract and the duration since the contractholder began lifetime withdrawals. As of September 30, 2024 and December 31, 2023, the minimum withdrawal rate assumption is 78% and 81%, respectively. As of September 30, 2024 and December 31, 2023 the maximum withdrawal rate assumption may be greater than 100%. The fair value of the liability will generally increase the closer the withdrawal rate is to 100% and decrease as the withdrawal rate moves further away from 100%. (12) The range reflects the mortality rates for the vast majority of business with living benefits and other contracts, with policyholders ranging from 50 to 90 years old. While the majority of living benefits have a minimum age requirement, certain other contracts do not have an age restriction. This results in contractholders with mortality rates approaching 0% for certain benefits. Mortality rates may vary by product, age and duration. A mortality improvement assumption is also incorporated into the overall mortality table. (13) Option budget estimates the expected long-term cost of options used to hedge exposures associated with equity price and interest rate changes. The level of option budget determines future costs of the options, which impacts the growth in account value and the valuation of embedded derivatives. Interrelationships Between Unobservable Inputs — In addition to the sensitivities of fair value measurements to changes in each unobservable input in isolation, as reflected in the table above, interrelationships between these inputs may also exist, such that a change in one unobservable input may give rise to a change in another or multiple inputs. Examples of such interrelationships for significant internally-priced Level 3 assets and liabilities are as follows: Corporate Securities— The rate used to discount future cash flows reflects current risk-free rates plus credit and liquidity spread requirements that market participants would use to value an asset. The discount rate may be influenced by many factors, including market cycles, expectations of default, collateral, term and asset complexity. Each of these factors can influence discount rates, either in isolation, or in response to other factors. During weaker economic cycles, as the expectations of default increase, credit spreads widen, which results in a decrease in fair value. Commercial Mortgage-backed Securities— Interrelationships may exist between the prepayment rate, the default rate and/or loss severity, depending on specific market conditions. In stronger economic cycles, prepayment rates are generally driven by underlying property appreciation and subsequent cash-out refinances, while default rates and loss severity may be lower. During weaker economic cycles, prepayment rates may decline, while default rates and loss severity increase. Generally, a change in the assumption used for the probability of default would be accompanied by a directionally similar change in the assumption used for the loss severity and a directionally opposite change in the assumption used for prepayment rates. The impact of these factors on average life and economics varies with the deal structure and tranche subordination. Market Risk Benefits —The Company expects efficient benefit utilization and withdrawal rates to generally be correlated with lapse rates. However, behavior is generally highly dependent on the facts and circumstances surrounding the individual contractholder, such as their liquidity needs or tax situation, which could drive lapse behavior independent of other contractholder behavior assumptions. To the extent more efficient contractholder behavior results in greater in-the-moneyness at the contract level, lapse rates may decline for those contracts. Similarly, to the extent that increases in equity volatility are correlated with overall declines in the capital markets, lapse rates may decline as contracts become more in-the-money. Changes in Level 3 Assets and Liabilities —The following tables describe changes in fair values of Level 3 assets and liabilities as of the dates indicated, as well as the portion of gains or losses included in income attributable to unrealized gains or losses related to those assets and liabilities still held at the end of their respective periods (excluding MRBs disclosed in Note 11). When a determination is made to classify assets and liabilities within Level 3, the determination is based on significance of the unobservable inputs in the overall fair value measurement. All transfers are based on changes in the observability of the valuation inputs, including the availability of pricing service information that the Company can validate. Transfers into Level 3 are generally the result of unobservable inputs utilized within valuation methodologies and the use of indicative broker quotes for assets that were previously valued using observable inputs. Transfers out of Level 3 are generally due to the use of observable inputs in valuation methodologies as well as the availability of pricing service information for certain assets that the Company can validate. Three Months Ended September 30, 2024(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 6 $ 1 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (1) $ 6 $ 0 Foreign government 7 0 0 0 0 1 0 (1) 0 7 0 Corporate securities(3) 5,003 (12) 694 (52) 0 (112) 28 81 (16) 5,614 (20) Structured securities(4) 2,052 65 230 (55) 0 (7) 2 8 (15) 2,280 62 Other assets: Fixed maturities, trading 1,520 49 322 (1) 0 (15) 1 65 (327) 1,614 49 Equity securities 556 7 47 (20) 0 0 0 0 0 590 7 Other invested assets 938 (15) 3 0 0 0 2 0 0 928 (14) Short-term investments 9 0 456 0 0 0 3 0 0 468 0 Cash equivalents 4 0 0 0 0 0 (4) 0 1 1 0 Reinsurance recoverables and deposit receivables 363 10 63 0 0 (14) 88 0 0 510 (4) Other assets 0 0 0 0 0 0 0 0 0 0 0 Separate account assets 342 4 176 (208) 0 (3) 0 12 (51) 272 0 Liabilities: Policyholders’ account balances(5) (10,213) (1,096) 0 0 (711) 0 43 0 0 (11,977) 274 Other liabilities (1) (1) 0 0 0 0 0 0 0 (2) 0 Notes issued by consolidated VIEs (422) 3 0 0 (21) 0 0 0 0 (440) 3 Three Months Ended September 30, 2024 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (72) $ 0 $ 0 $ 119 $ 7 $ (66) $ 0 $ 0 $ 108 Other assets: Fixed maturities, trading 0 49 0 0 0 0 49 0 0 Equity securities 0 7 0 0 0 0 7 0 0 Other invested assets 0 (15) 0 0 0 1 (15) 0 0 Short-term investments 0 0 0 0 0 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 10 0 0 0 0 (4) 0 0 0 Other assets 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 4 0 0 0 0 0 0 Liabilities: Policyholders’ account balances (1,096) 0 0 0 0 274 0 0 0 Other liabilities (1) 0 0 0 0 0 0 0 0 Notes issued by consolidated VIEs 0 3 0 0 0 0 3 0 0 Nine Months Ended September 30, 2024(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 7 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (1) $ 6 $ 0 Foreign government 8 0 0 0 0 0 0 (1) 0 7 0 Corporate securities(3) 4,806 (101) 1,513 (85) 0 (620) (126) 243 (16) 5,614 (120) Structured securities(4) 1,297 58 1,822 (56) 0 (82) (491) 67 (335) 2,280 51 Other assets: Fixed maturities, trading 429 44 1,216 (23) 0 (131) 0 467 (388) 1,614 49 Equity securities 512 0 122 (36) 0 (5) 6 1 (10) 590 (3) Other invested assets 846 (62) 125 (2) 0 0 21 0 0 928 (62) Short-term investments 29 1 463 0 0 (6) (19) 0 0 468 0 Cash equivalents 4 0 4 0 0 0 (8) 0 1 1 0 Reinsurance recoverables and deposit receivables 224 61 177 0 0 (40) 88 0 0 510 21 Other assets 11 0 8 0 0 0 (19) 0 0 0 0 Separate account assets 1,094 (50) 312 (1,032) 0 (7) 0 12 (57) 272 (14) Liabilities: Policyholders’ account balances(5) (7,752) (2,472) 0 0 (1,798) 0 45 0 0 (11,977) 1,023 Other liabilities (1) (1) 0 0 0 0 0 0 0 (2) (1) Notes issued by consolidated VIEs (778) (5) 0 0 (48) 0 391 0 0 (440) (5) Nine Months Ended September 30, 2024 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (135) $ 0 $ 0 $ 70 $ 22 $ (124) $ 0 $ 0 $ 55 Other assets: Fixed maturities, trading 0 43 0 0 1 0 49 0 0 Equity securities 0 0 0 0 0 0 (3) 0 0 Other invested assets 0 (62) 0 0 0 0 (62) 0 0 Short-term investments 0 0 0 0 1 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 61 0 0 0 0 21 0 0 0 Other assets 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 (50) 0 0 0 0 (14) 0 Liabilities: Policyholders’ account balances (2,472) 0 0 0 0 1,023 0 0 0 Other liabilities (1) 0 0 0 0 (1) 0 0 0 Notes issued by consolidated VIEs 0 (5) 0 0 0 0 (5) 0 0 Three Months Ended September 30, 2023(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 7 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 7 $ 0 Foreign government 8 0 0 0 0 0 0 0 0 8 0 Corporate securities(3) 4,461 (81) 393 (23) 0 (247) 14 289 (149) 4,657 (86) Structured securities(4) 1,264 (45) 166 (1) 0 (5) (1) 76 (114) 1,340 (45) Other assets: Fixed maturities, trading 302 (4) 32 (39) 0 (5) 9 0 2 297 (5) Equity securities 773 11 19 (1) 0 (28) 0 2 (35) 741 12 Other invested assets 865 (7) 5 (2) 0 0 0 0 0 861 (7) Short-term investments 25 1 12 0 0 (14) 0 0 0 24 0 Cash equivalents 0 0 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 217 26 34 0 0 (7) 0 0 0 270 19 Other assets(7) 12 0 (1) 0 0 0 0 0 0 11 0 Separate account assets 1,175 0 87 (82) 0 (2) 0 42 (60) 1,160 (12) Liabilities: Policyholders’ account balances(5) (5,629) (97) 0 0 (410) 0 28 0 0 (6,108) (263) Other liabilities (1) 0 0 0 0 0 0 0 0 (1) 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 (392) 0 0 (392) 0 Three Months Ended September 30, 2023 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (4) $ 0 $ 0 $ (130) $ 8 $ (1) $ 0 $ 0 $ (130) Other assets: Fixed maturities, trading 0 (4) 0 0 0 0 (5) 0 0 Equity securities 0 11 0 0 0 0 12 0 0 Other invested assets (5) (2) 0 0 0 (5) (2) 0 0 Short-term investments 1 0 0 0 0 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 26 0 0 0 0 19 0 0 0 Other assets(7) 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 0 0 0 0 0 (12) 0 Liabilities: Policyholders’ account balances (97) 0 0 0 0 (263) 0 0 0 Other liabilities 0 0 0 0 0 0 0 0 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 0 0 0 Nine Months Ended September 30, 2023(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 7 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 7 $ 0 Foreign government 8 0 0 0 0 0 0 0 0 8 0 Corporate securities(3) 3,858 (46) 1,657 (198) 0 (747) (6) 307 (168) 4,657 (47) Structured securities(4) 1,289 (74) 405 (6) 0 (30) (1) 113 (356) 1,340 (81) Other assets: Fixed maturities, trading 304 (1) 98 (39) 0 (18) 10 0 (57) 297 (5) Equity securities 627 5 28 (68) 0 (34) 216 3 (36) 741 (5) Other invested assets 539 (26) 359 (11) 0 0 0 0 0 861 (26) Short-term investments 18 4 43 0 0 (41) 0 0 0 24 0 Cash equivalents 0 0 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 141 34 107 0 0 (12) 0 0 0 270 22 Other assets(7) 11 0 0 0 0 0 0 0 0 11 0 Separate account assets 1,081 88 396 (279) 0 (68) 0 45 (103) 1,160 75 Liabilities: Policyholders’ account balances(5) (3,492) (1,368) 0 0 (1,249) 0 1 0 0 (6,108) (525) Other liabilities (1) 0 0 0 0 0 0 0 0 (1) 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 (392) 0 0 (392) 0 Nine Months Ended September 30, 2023 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (20) $ 0 $ 0 $ (111) $ 11 $ (3) $ 0 $ 0 $ (125) Other assets: Fixed maturities, trading 0 (2) 0 0 1 0 (5) 0 0 Equity securities (1) 6 0 0 0 0 (5) 0 0 Other invested assets (6) (20) 0 0 0 (6) (20) 0 0 Short-term investments 3 0 0 0 1 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 34 0 0 0 0 22 0 0 0 Other assets(7) 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 88 0 0 0 0 75 0 Liabilities: Policyholders’ account balances (1,368) 0 0 0 0 (525) 0 0 0 Other liabilities 0 0 0 0 0 0 0 0 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 0 0 0 __________ (1) “Other” includes additional activity not allocated to the specific categories within the rollforward of Level 3 Assets and Liabilities. (2) Unrealized gains or losses related to assets still held at the end of the period do not include amortization or accretion of premiums and discounts. (3) Includes U.S. corporate public, U.S. corporate private, foreign corporate public and foreign corporate private securities. (4) Includes asset-backed, commercial mortgage-backed and residential mortgage-backed securities. (5) Issuances and settlements for Policyholders’ account balances are presented net in the rollforward. (6) Excludes MRB assets of $2,134 million and $2,200 million and MRB liabilities of $5,178 million and $4,660 million for the periods ended September 30, 2024 and 2023, respectively. See Note 11 for additional information. (7) Prior period amounts have been reclassified to conform to current period presentation. (8) Transfers into or out of Level 3 are generally reported at the value as of the beginning of the quarter in which the transfers occur for any such positions still held at the end of the quarter. Derivative Fair Value Information The following tables present the balances of certain derivative assets and liabilities measured at fair value on a recurring basis, as of the dates indicated, by the primary underlying risks they are used to manage. These tables include NPR and exclude embedded derivatives. The derivative assets and liabilities shown below are included in “Other invested assets” or “Other liabilities” in the tables contained within the sections “—Assets and Liabilities by Hierarchy Level” and “—Changes in Level 3 Assets and

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs, Deferred Sales Inducements and Value of Business Acquired	9 Months Ended
	Sep. 30, 2024
Deferred Charges, Insurers [Abstract]
Deferred Policy Acquisition Costs, Deferred Sales Inducements and Value of Business Acquired	DEFERRED POLICY ACQUISITION COSTS, DEFERRED SALES INDUCEMENTS AND VALUE OF BUSINESS ACQUIRED Deferred Policy Acquisition Costs (“DAC”) The following tables show a rollforward for the lines of business that contain material DAC balances, along with a reconciliation to the Company’s total DAC balance: Nine Months Ended September 30, 2024 Retirement Strategies Individual Life International Businesses Total Individual Variable Term Life Variable/ Life Planner Gibraltar Life (in millions) Balance, BOP $ 3,676 $ 2,237 $ 5,364 $ 4,909 $ 4,442 $ 20,628 Capitalization 302 138 517 428 441 1,826 Amortization expense (286) (156) (184) (255) (247) (1,128) Other adjustments(1) 0 0 (280) (49) 4 (325) Foreign currency adjustment 0 0 0 (93) (22) (115) Balance, EOP $ 3,692 $ 2,219 $ 5,417 $ 4,940 $ 4,618 20,886 Other businesses 296 Total DAC balance $ 21,182 __________ (1) Includes the impact of the reinsurance transaction with Somerset Reinsurance Ltd. in Individual Life (Universal Life). See Note 12 for additional information. Nine Months Ended September 30, 2023 Retirement Strategies Individual Life International Businesses Total Individual Variable Term Life Variable/ Life Planner Gibraltar Life (in millions) Balance, BOP $ 4,171 $ 2,288 $ 5,000 $ 4,710 $ 4,231 $ 20,400 Capitalization 195 115 436 443 444 1,633 Amortization expense (275) (160) (183) (244) (236) (1,098) Other adjustments(1) (393) 2 0 14 0 (377) Foreign currency adjustment 0 0 0 (199) (158) (357) Balance, EOP $ 3,698 $ 2,245 $ 5,253 $ 4,724 $ 4,281 20,201 Other businesses 193 Total DAC balance $ 20,394 __________ (1) Includes the impact of the reinsurance transaction with AuguStar in Individual Retirement Strategies. See Note 12 for additional information. Deferred Sales Inducements (“DSI”) The following table shows a rollforward of DSI balances for variable annuity products within Individual Retirement Strategies, which is the only line of business that contains a material DSI balance, along with a reconciliation to the Company’s total DSI balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 410 $ 446 Capitalization 2 2 Amortization expense (27) (28) Balance, EOP 385 420 Other businesses 31 33 Total DSI balance $ 416 $ 453 Value of Business Acquired (“VOBA”) The following table shows a rollforward of VOBA balances for Gibraltar Life and Other, which is the only line of business that contains a material VOBA balance, along with a reconciliation to the Company’s total VOBA balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 511 $ 597 Amortization expense (31) (37) Foreign currency adjustment (9) (64) Balance, EOP 471 496 Other businesses(1) 17 18 Total VOBA balance $ 488 $ 514 __________ (1) Represents Aoba Life business. The following table provides estimated future amortization for the periods indicated: 2024 (October-December) 2025 2026 2027 2028 Thereafter Total (in millions) Estimated future VOBA amortization $ 12 $ 43 $ 39 $ 36 $ 32 $ 326 $ 488

Separate Accounts

Separate Accounts	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Separate Account	SEPARATE ACCOUNTS The Company issues variable annuity and variable life insurance contracts through its separate accounts for which investment income and investment gains and losses accrue directly to, and investment risk is borne by, the contractholder. Most variable annuity and variable life insurance contracts are offered with both separate and general account options. See Note 10 for additional information. The assets supporting the variable portion of variable annuity and variable life insurance contracts are carried at fair value and reported as “Separate account assets” with an equivalent amount reported as “Separate account liabilities.” The liabilities related to the net amount at risk are reflected within “Future policy benefits” or “Market risk benefit liabilities” (or “assets,” if applicable). Amounts assessed against the contractholders for mortality, administration, and other services are included within revenue in “Policy charges and fee income” and changes in liabilities for minimum guarantees are generally included in “Policyholders’ benefits” or “Change in value of market risk benefits, net of related hedging gains (losses).” Separate Account Assets The aggregate fair value of assets, by major investment asset category, supporting separate accounts is as follows: September 30, December 31, (in millions) Asset Type: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 4,688 $ 4,411 Obligations of U.S. states and their political subdivisions 2,215 2,116 Foreign government bonds 98 101 U.S. corporate securities 11,782 12,782 Foreign corporate securities 3,173 3,288 Asset-backed securities 1,258 1,211 Mortgage-backed securities 15,017 14,253 Mutual funds: Equity 94,457 88,397 Fixed Income 34,531 37,065 Other 5,576 5,587 Equity securities 5,088 5,410 Commercial mortgage and other loans 62 67 Other invested assets 18,788 20,739 Short-term investments 1,194 1,202 Cash and cash equivalents 2,623 2,259 Total $ 200,550 $ 198,888 For the periods ended September 30, 2024 and December 31, 2023, there were no transfers of assets, other than cash, from the general account to a separate account; therefore, no gains or losses were recorded. Separate Account Liabilities The balances of and changes in separate account liabilities as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Retirement Strategies PGIM Institutional Individual Group Insurance Individual Life Total (in millions) Balance, BOP $ 32,648 $ 11,011 $ 94,130 $ 25,021 $ 39,223 $ 202,033 Deposits 13,071 128 426 400 2,589 16,614 Investment performance (277) 474 10,170 1,675 6,429 18,471 Policy charges (58) (9) (1,690) (218) (861) (2,836) Surrenders and withdrawals (12,571) (961) (10,315) (346) (776) (24,969) Benefit payments (2,645) (401) (65) (238) (321) (3,670) Net transfers (to) from general account (74) (66) (50) (29) (398) (617) Other (763) 36 5 (244) 49 (917) Balance, EOP $ 29,331 $ 10,212 $ 92,611 $ 26,021 $ 45,934 $ 204,109 Other businesses(1) (3,559) Total separate account liabilities $ 200,550 Cash surrender value(2) $ 29,331 $ 10,212 $ 91,617 $ 25,919 $ 42,454 $ 199,533 __________ (1) Primarily represents activity from the Company’s Divested and Run-off Businesses as well as the impact of intercompany eliminations. There are no associated cash surrender charges. (2) “Cash surrender value” represents the amount of the contractholder's account balances distributable at the balance sheet date less certain surrender charges. There are no cash surrender charges for the PGIM and Institutional Retirement Strategies segments. Nine Months Ended September 30, 2023 Retirement Strategies PGIM Institutional Individual Group Insurance Individual Life Total (in millions) Balance, BOP $ 40,056 $ 11,428 $ 93,395 $ 23,513 $ 32,930 $ 201,322 Deposits 4,301 209 332 44 2,183 7,069 Investment performance (965) 79 4,278 3 3,228 6,623 Policy charges (62) (10) (1,755) (238) (800) (2,865) Surrenders and withdrawals (4,064) (338) (7,142) (29) (569) (12,142) Benefit payments (2,604) (415) (75) (219) (244) (3,557) Net transfers (to) from general account (459) (60) (6) (2) (1,244) (1,771) Other (949) (29) 9 (208) 73 (1,104) Balance, EOP $ 35,254 $ 10,864 $ 89,036 $ 22,864 $ 35,557 193,575 Other businesses(1) (2,933) Total separate account liabilities $ 190,642 Cash surrender value(2) $ 35,254 $ 10,864 $ 87,767 $ 22,750 $ 32,388 $ 189,023 __________ (1) Primarily represents activity from the Company’s Divested and Run-off Businesses as well as the impact of intercompany eliminations. There are no associated cash surrender charges. (2) “Cash surrender value” represents the amount of the contractholder's account balances distributable at the balance sheet date less certain surrender charges. There are no cash surrender charges for the PGIM and Institutional Retirement Strategies segments.

Liability For Future Policy Ben

Liability For Future Policy Benefits	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Liabilities for Future Policy Benefits	LIABILITY FOR FUTURE POLICY BENEFITS Liability for Future Policy Benefits primarily consists of the following sub-components, which are discussed in greater detail below: • Benefit Reserves; • Deferred Profit Liability (“DPL”); and • Additional Insurance Reserves (“AIR”) In 2024, the Company recognized a favorable impact to net income attributable to its annual reviews and update of assumptions and other refinements. The impact was favorable for direct and assumed Benefit Reserves and DPL, net of the impact of flooring these liabilities at zero for each issue year cohort, primarily due to updates to mortality assumptions in Institutional Retirement Strategies and Long-Term Care, partially offset by unfavorable updates to policyholder behavior assumptions on certain life policies in International Businesses. Additionally, there was an unfavorable impact for direct and assumed AIR, primarily due to updates to policyholder behavior assumptions on universal life polices with secondary guarantees in Individual Life. In 2023, the Company recognized an unfavorable impact to net income attributable to its annual reviews and update of assumptions and other refinements. The impact was unfavorable for direct and assumed Benefit Reserves and DPL, net of the impact of flooring these liabilities at zero for each issue year cohort, primarily due to updates to policyholder behavior and claim assumptions in Long-Term Care. Additionally, there was an unfavorable impact for direct and assumed AIR, primarily due to unfavorable model refinements, partially offset by updates to economic assumptions, including expected future rates of returns on universal life polices with secondary guarantees in Individual Life. Benefit Reserves The balances of and changes in Benefit Reserves as of and for the periods indicated consist of the three tables presented below: Present Value of Expected Net Premiums rollforward, Present Value of Expected Future Policy Benefits rollforward, and Net Liability for Future Policy Benefits. Nine Months Ended September 30, 2024 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 71,407 $ 11,274 $ 29,064 $ 26,367 $ 3,286 $ 141,398 Effect of cumulative changes in discount rate assumptions, BOP 11,869 228 596 622 16 13,331 Balance at original discount rate, BOP 83,276 11,502 29,660 26,989 3,302 154,729 Effect of assumption update 41 21 (328) (535) (276) (1,077) Effect of actual variances from expected experience and other activity 534 (205) (1,030) (732) 147 (1,286) Adjusted balance, BOP 83,851 11,318 28,302 25,722 3,173 152,366 Issuances 19,730 631 1,732 852 0 22,945 Net premiums / considerations collected (20,691) (1,039) (2,849) (2,528) (241) (27,348) Interest accrual 2,150 397 634 526 113 3,820 Foreign currency adjustment 3,993 0 (521) (245) 0 3,227 Other adjustments 0 3 95 0 0 98 Balance at original discount rate, EOP 89,033 11,310 27,393 24,327 3,045 155,108 Effect of cumulative changes in discount rate assumptions, EOP (14,283) (109) (749) (651) 6 (15,786) Balance, EOP $ 74,750 $ 11,201 $ 26,644 $ 23,676 $ 3,051 $ 139,322 Other businesses, EOP 94 Total balance, EOP $ 139,416 Nine Months Ended September 30, 2024 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 141,135 $ 19,852 $ 79,822 $ 79,036 $ 12,139 $ 331,984 Effect of cumulative changes in discount rate assumptions, BOP 14,751 334 563 7,355 603 23,606 Balance at original discount rate, BOP 155,886 20,186 80,385 86,391 12,742 355,590 Effect of assumption update (481) 21 (106) (407) (394) (1,367) Effect of actual variances from expected experience and other activity 638 (240) (1,023) (715) 155 (1,185) Adjusted balance, BOP 156,043 19,967 79,256 85,269 12,503 353,038 Issuances 19,730 631 1,732 852 0 22,945 Interest accrual 4,633 707 1,921 1,630 454 9,345 Benefit payments (9,743) (1,173) (3,450) (3,730) (240) (18,336) Foreign currency adjustment 4,046 0 (1,190) (743) 0 2,113 Other adjustments 17 (7) 208 (4) 0 214 Balance at original discount rate, EOP 174,726 20,125 78,477 83,274 12,717 369,319 Effect of cumulative changes in discount rate assumptions, EOP (16,145) (152) (2,888) (8,684) (567) (28,436) Balance, EOP $ 158,581 $ 19,973 $ 75,589 $ 74,590 $ 12,150 $ 340,883 Other businesses, EOP 1,709 Total balance, EOP $ 342,592 Nine Months Ended September 30, 2024 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 83,831 $ 8,773 $ 48,945 $ 50,915 $ 9,099 $ 201,563 Flooring impact, EOP 82 0 26 13 0 121 Balance, EOP, post-flooring 83,913 8,773 48,971 50,928 9,099 201,684 Less: Reinsurance recoverables 5,481 719 98 290 0 6,588 Balance after reinsurance recoverables, EOP, post-flooring $ 78,432 $ 8,054 $ 48,873 $ 50,638 $ 9,099 $ 195,096 Other businesses, EOP(1) 1,551 Total balance after reinsurance recoverables, EOP $ 196,647 Nine Months Ended September 30, 2023 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 52,620 $ 11,282 $ 30,689 $ 28,951 $ 2,932 $ 126,474 Effect of cumulative changes in discount rate assumptions, BOP 14,349 572 1,354 1,326 103 17,704 Balance at original discount rate, BOP 66,969 11,854 32,043 30,277 3,035 144,178 Effect of assumption update (1,117) (1) 78 (175) 266 (949) Effect of actual variances from expected experience and other activity 384 (159) (814) (516) 145 (960) Adjusted balance, BOP 66,236 11,694 31,307 29,586 3,446 142,269 Issuances 8,453 539 1,793 1,258 0 12,043 Net premiums / considerations collected (8,682) (1,060) (3,055) (2,873) (242) (15,912) Interest accrual 1,588 404 680 594 117 3,383 Foreign currency adjustment 950 0 (1,583) (1,608) 0 (2,241) Other adjustments 0 (2) 104 0 0 102 Balance at original discount rate, EOP 68,545 11,575 29,246 26,957 3,321 139,644 Effect of cumulative changes in discount rate assumptions, EOP (16,742) (965) (1,571) (1,495) (249) (21,022) Balance, EOP $ 51,803 $ 10,610 $ 27,675 $ 25,462 $ 3,072 $ 118,622 Other businesses, EOP 83 Total balance, EOP $ 118,705 Nine Months Ended September 30, 2023 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 117,754 $ 19,288 $ 78,639 $ 80,331 $ 10,685 $ 306,697 Effect of cumulative changes in discount rate assumptions, BOP 20,170 1,012 3,719 11,266 1,216 37,383 Balance at original discount rate, BOP 137,924 20,300 82,358 91,597 11,901 344,080 Effect of assumption update (1,289) (1) 145 44 357 (744) Effect of actual variances from expected experience and other activity 377 (194) (845) (503) 171 (994) Adjusted balance, BOP 137,012 20,105 81,658 91,138 12,429 342,342 Issuances 8,453 539 1,793 1,258 0 12,043 Interest accrual 3,720 707 1,977 1,729 443 8,576 Benefit payments (8,550) (1,121) (2,729) (3,496) (196) (16,092) Foreign currency adjustment 981 0 (4,630) (5,780) 0 (9,429) Other adjustments (138) (14) 206 (18) 0 36 Balance at original discount rate, EOP 141,478 20,216 78,275 84,831 12,676 337,476 Effect of cumulative changes in discount rate assumptions, EOP (24,887) (1,856) (5,296) (11,846) (2,305) (46,190) Balance, EOP $ 116,591 $ 18,360 $ 72,979 $ 72,985 $ 10,371 $ 291,286 Other businesses, EOP 1,635 Total balance, EOP $ 292,921 Nine Months Ended September 30, 2023 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 64,789 $ 7,750 $ 45,304 $ 47,523 $ 7,299 $ 172,665 Flooring impact, EOP 0 2 27 31 0 60 Balance, EOP, post-flooring 64,789 7,752 45,331 47,554 7,299 172,725 Less: Reinsurance recoverables 4,810 696 96 189 0 5,791 Balance after reinsurance recoverables, EOP, post-flooring $ 59,979 $ 7,056 $ 45,235 $ 47,365 $ 7,299 $ 166,934 Other businesses, EOP(1) 1,482 Total balance after reinsurance recoverables, EOP $ 168,416 __________ (1) Reflects balance after reinsurance recoverables of $62 million and $69 million at September 30, 2024 and 2023, respectively. The following tables provide supplemental information related to the balances of and changes in Benefit Reserves included in the disaggregated tables above, on a gross (direct and assumed) basis, as of and for the period indicated: Nine Months Ended September 30, 2024 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 145,066 $ 22,937 $ 63,514 $ 51,059 $ 6,758 Discounted expected future gross premiums (at original discount rate) $ 96,557 $ 15,183 $ 49,274 $ 41,069 $ 4,488 Discounted expected future gross premiums (at current discount rate) $ 80,840 $ 15,067 $ 48,327 $ 40,061 $ 4,502 Undiscounted expected future benefits and expenses $ 274,739 $ 31,059 $ 132,310 $ 133,511 $ 29,908 Weighted-average duration of the liability in years (at original discount rate) 8 10 18 18 17 Weighted-average duration of the liability in years (at current discount rate) 8 9 17 16 16 Weighted-average interest rate (at original discount rate) 4.74 % 5.14 % 3.43 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 4.96 % 4.91 % 3.36 % 3.25 % 5.24 % Nine Months Ended September 30, 2023 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 108,863 $ 23,147 $ 68,665 $ 56,169 $ 6,854 Discounted expected future gross premiums (at original discount rate) $ 75,372 $ 15,381 $ 53,078 $ 45,102 $ 4,496 Discounted expected future gross premiums (at current discount rate) $ 56,962 $ 14,120 $ 50,753 $ 42,804 $ 4,167 Undiscounted expected future benefits and expenses $ 217,931 $ 31,164 $ 137,378 $ 139,536 $ 30,897 Weighted-average duration of the liability in years (at original discount rate) 9 10 20 19 18 Weighted-average duration of the liability in years (at current discount rate) 8 9 19 17 17 Weighted-average interest rate (at original discount rate) 4.57 % 5.17 % 3.46 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 6.02 % 6.01 % 3.37 % 3.26 % 6.30 % For additional information regarding observable market information and the techniques used to determine the interest rate assumptions seen above, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. For non-participating traditional and limited-payment products, if a cohort is in a loss position where the liability for future policy benefits plus the present value of expected future gross premiums are determined to be insufficient to provide for the present value of expected future policy benefits and non-level claim settlement expenses, then the liability for future policy benefits is adjusted at that time, and thereafter, such that all changes, both favorable and unfavorable, in expected benefits resulting from both actual experience deviations and changes in future assumptions are recognized immediately as a gain or loss respectively. For both the first nine months of 2024 and 2023, there was an immaterial impact to net income for non-participating traditional and limited-payment products, where net premiums exceeded gross premiums for certain issue-year cohorts. Deferred Profit Liability The balances of and changes in DPL as of and for the period indicated are as follows: Nine Months Ended September 30, 2024 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,615 $ 3,956 $ 5,303 $ 14,874 Less: Flooring impact, BOP 0 1 1 2 Balance, BOP, pre-flooring 5,615 3,955 5,302 14,872 Effect of assumption update 370 (150) (138) 82 Effect of actual variances from expected experience and other activity (69) (20) (33) (122) Adjusted balance, BOP 5,916 3,785 5,131 14,832 Profits deferred 112 1,164 874 2,150 Interest accrual 177 122 116 415 Amortization (441) (851) (737) (2,029) Foreign currency adjustment 14 (76) (32) (94) Other adjustments 0 22 0 22 Balance, EOP, pre-flooring 5,778 4,166 5,352 15,296 Flooring impact, EOP 0 1 2 3 Balance, EOP, post-flooring 5,778 4,167 5,354 15,299 Less: Reinsurance recoverables 396 10 31 437 Balance after reinsurance recoverables, EOP, post-flooring $ 5,382 $ 4,157 $ 5,323 14,862 Other businesses 156 Total balance after reinsurance recoverables, EOP $ 15,018 Nine Months Ended September 30, 2023 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,532 $ 3,379 $ 5,261 $ 14,172 Less: Flooring impact, BOP 0 0 1 1 Balance, BOP, pre-flooring 5,532 3,379 5,260 14,171 Effect of assumption update 35 (67) (228) (260) Effect of actual variances from expected experience and other activity 4 (4) (32) (32) Adjusted balance, BOP 5,571 3,308 5,000 13,879 Profits deferred 294 1,271 1,017 2,582 Interest accrual 170 109 114 393 Amortization (424) (869) (765) (2,058) Foreign currency adjustment 2 (128) (251) (377) Other adjustments 0 24 0 24 Balance, EOP, pre-flooring 5,613 3,715 5,115 14,443 Flooring impact, EOP 0 0 1 1 Balance, EOP, post-flooring 5,613 3,715 5,116 14,444 Less: Reinsurance recoverables 383 8 10 401 Balance after reinsurance recoverables, EOP, post-flooring $ 5,230 $ 3,707 $ 5,106 14,043 Other businesses 145 Total balance after reinsurance recoverables, EOP $ 14,188 Additional Insurance Reserves AIR represents the additional liability for annuitization, death, or other insurance benefits, including guaranteed minimum death benefits (“GMDB”) and guaranteed minimum income benefits (“GMIB”) contract features, that are above and beyond the contractholder's account balance for certain long-duration life contracts. The following table shows a rollforward of AIR balances for variable and universal life products within Individual Life, which is the only line of business that contains a material AIR balance, for the period indicated, along with a reconciliation to the Company’s total AIR balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, including amounts in AOCI, BOP, post-flooring $ 14,308 $ 12,684 Flooring impact and amounts in AOCI 843 1,285 Balance, excluding amounts in AOCI, BOP, pre-flooring 15,151 13,969 Effect of assumption update 153 23 Effect of actual variances from expected experience and other activity 315 (13) Adjusted balance, BOP 15,619 13,979 Assessments collected(1) 852 836 Interest accrual 399 362 Benefits paid (268) (223) Other adjustments 13 0 Balance, excluding amounts in AOCI, EOP, pre-flooring 16,615 14,954 Flooring impact and amounts in AOCI (352) (1,737) Balance, including amounts in AOCI, EOP, post-flooring 16,263 13,217 Less: Reinsurance recoverables 8,287 5,286 Balance after reinsurance recoverables, including amounts in AOCI, EOP 7,976 7,931 Other businesses 75 123 Total balance after reinsurance recoverables $ 8,051 $ 8,054 __________ (1) Represents the portion of gross assessments required to fund the future policy benefits. Nine Months Ended September 30, 2024 2023 Weighted-average duration of the liability in years (at original discount rate) 22 22 Weighted-average interest rate (at original discount rate) 3.40 % 3.36 % Future Policy Benefits Reconciliation The following table presents the reconciliation of the ending balances from above rollforwards, Benefit Reserves, DPL, and AIR including other liabilities, gross of related reinsurance recoverable, to the total liability for Future Policy Benefits on the Company's Consolidated Statement of Financial Position as of the periods indicated: Nine Months Ended September 30, 2024 2023 (in millions) Benefit reserves, EOP, post-flooring $ 203,297 $ 174,276 Deferred Profit Liability EOP, post-flooring 15,455 14,589 Additional insurance reserves, including amounts in AOCI, EOP, post-flooring 16,338 13,340 Subtotal of amounts disclosed above 235,090 202,205 Other Future Policy Benefits reserves(1) 50,384 51,346 Total Future Policy Benefits $ 285,474 $ 253,551 __________ (1) Primarily represents balances for which disaggregated rollforward disclosures are not required, including Closed Block liabilities, unpaid claims and claims expenses, and incurred but not reported and in course of settlement claim liabilities. Revenue and Interest Expense The following tables present revenue and interest expense related to Benefit Reserves, DPL, and AIR in the Company's Consolidated Statement of Operations as of the periods indicated: Nine Months Ended September 30, 2024 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 21,128 $ 1,384 $ 0 $ 4,359 $ 4,163 $ 419 $ 31,453 Deferred profit liability (149) 0 0 (287) (82) (7) (525) Additional insurance reserves 0 0 2,455 0 0 0 2,455 Total $ 20,979 $ 1,384 $ 2,455 $ 4,072 $ 4,081 $ 412 $ 33,383 Nine Months Ended September 30, 2023 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 9,310 $ 1,384 $ 0 $ 4,849 $ 4,741 $ 415 $ 20,699 Deferred profit liability (79) 0 0 (464) (105) 37 (611) Additional insurance reserves 0 0 2,357 0 0 0 2,357 Total $ 9,231 $ 1,384 $ 2,357 $ 4,385 $ 4,636 $ 452 $ 22,445 Nine Months Ended September 30, 2024 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,483 $ 310 $ 0 $ 1,287 $ 1,105 $ 379 $ 5,564 Deferred profit liability 177 0 0 122 116 3 418 Additional insurance reserves 0 0 399 1 0 0 400 Total $ 2,660 $ 310 $ 399 $ 1,410 $ 1,221 $ 382 $ 6,382 Nine Months Ended September 30, 2023 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,132 $ 303 $ 0 $ 1,297 $ 1,135 $ 366 $ 5,233 Deferred profit liability 170 0 0 109 114 3 396 Additional insurance reserves 0 0 362 1 0 0 363 Total $ 2,302 $ 303 $ 362 $ 1,407 $ 1,249 $ 369 $ 5,992 __________ (1) Represents gross premiums for benefit reserves, gross premiums, excluding impact of foreign currency adjustments for DPL and gross assessments for AIR. The balances of and changes in policyholders' account balances as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Retirement Strategies Group Insurance Individual Life International Businesses Total Institutional Individual Variable Individual Fixed Life/Disability Variable/Universal Life Life Planner Gibraltar Life and Other ($ in millions) Balance, BOP $ 17,738 $ 23,765 $ 7,095 $ 5,293 $ 27,439 $ 12,949 $ 38,450 $ 132,729 Deposits 5,824 5,902 4,188 871 1,837 1,540 5,393 25,555 Interest credited 555 359 174 110 577 528 684 2,987 Acquisitions and dispositions 0 0 0 0 0 0 0 0 Policy charges (9) (22) (4) (248) (1,537) (246) (190) (2,256) Surrenders and withdrawals (4,123) (663) (537) (1,123) (1,264) (241) (1,230) (9,181) Benefit payments (461) (60) (62) 0 (98) (199) (1,618) (2,498) Net transfers (to) from separate account 0 61 0 29 443 0 0 533 Change in market value and other adjustments(1) 7 2,040 218 0 159 (347) (11) 2,066 Foreign currency adjustment 0 0 0 0 0 (103) (101) (204) Balance, EOP $ 19,531 $ 31,382 $ 11,072 $ 4,932 $ 27,556 $ 13,881 $ 41,377 $ 149,731 Closed Block Division 4,391 Unearned revenue reserve, unearned expense credit, and additional interest reserve 5,849 Other(2) 4,117 Total Policyholders' account balance $ 164,088 Weighted-average crediting rate 3.97 % 1.73 % 2.57 % 2.86 % 2.80 % 5.25 % 2.29 % 2.82 % Net amount at risk(3) $ 0 $ 0 $ 0 $ 73,883 $ 392,501 $ 21,532 $ 6,406 $ 494,322 Cash surrender value(4) $ 19,531 $ 30,049 $ 9,528 $ 3,842 $ 23,692 $ 12,638 $ 37,769 $ 137,049 Nine Months Ended September 30, 2023 Retirement Strategies Group Insurance Individual Life International Businesses Total Institutional Individual Variable Individual Fixed Life/Disability Variable/Universal Life Life Planner Gibraltar Life and Other ($ in millions) Balance, BOP $ 17,376 $ 17,524 $ 4,643 $ 5,839 $ 26,502 $ 11,168 $ 35,325 $ 118,377 Deposits 4,407 3,444 1,839 811 1,773 1,640 4,274 18,188 Interest credited 509 219 96 124 583 577 531 2,639 Acquisitions and Dispositions 0 0 0 0 0 0 0 0 Policy charges (16) (17) (6) (247) (1,536) (222) (146) (2,190) Surrenders and withdrawals (4,332) (492) (298) (1,217) (1,267) (153) (1,015) (8,774) Benefit payments 0 (58) (58) 0 (119) (203) (1,462) (1,900) Net transfers (to) from separate account 0 22 0 2 1,282 0 0 1,306 Change in market value and other adjustments(1) 0 1,192 82 0 75 21 (7) 1,363 Foreign currency adjustment 0 0 0 0 0 (1,071) (1,291) (2,362) Balance, EOP $ 17,944 $ 21,834 $ 6,298 $ 5,312 $ 27,293 $ 11,757 $ 36,209 $ 126,647 Closed Block Division 4,528 Unearned revenue reserve, unearned expense credit, and additional interest reserve 5,109 Other(2) 4,504 Total Policyholders' account balance $ 140,788 Weighted-average crediting rate 3.85 % 1.48 % 2.33 % 2.97 % 2.89 % 6.72 % 1.98 % 2.87 % Net amount at risk(3) $ 0 $ 0 $ 0 $ 73,260 $ 378,191 $ 17,400 $ 6,274 $ 475,125 Cash surrender value(4) $ 17,944 $ 19,184 $ 5,038 $ 3,966 $ 23,101 $ 10,063 $ 31,144 $ 110,440 __________ (1) Primarily relates to changes in the value of embedded derivative instruments associated with the indexed options of certain products. (2) Includes $5,207 million and $5,621 million of Full Service account balances reinsured to Great-West as of September 30, 2024 and 2023, respectively. (3) The net amount at risk calculation includes both general account and separate account balances. (4) Cash surrender value represents the amount of the contractholder's account balances distributable at the balance sheet date less certain surrender charges. There are no cash surrender charges for the Institutional Retirement Strategies segment. “Policyholders’ account balances” for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”), which totaled $6,061 million and $5,811 million at September 30, 2024 and 2023, respectively. Under this program, which has a maximum authorized amount of $15 billion of medium-term notes and $6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0% to 5.6% and original maturities ranging from two months to seven years. Included in the amounts at September 30, 2024 and 2023 are funding agreements that secure the medium-term note liability, which are carried at amortized cost, of $3,969 million and $3,465 million, respectively, and short-term note liability of $2,127 million and $2,389 million, respectively. “Policyholders’ account balances” for Institutional Retirement Strategies also includes collateralized funding agreements issued to the Federal Home Loan Bank of New York (“FHLBNY”) totaling $2,628 million as of both September 30, 2024 and 2023. These obligations, which are carried at amortized cost, have fixed interest rates that range from 1.925% to 4.510% and original maturities of seven years. The Company issues variable life and universal life insurance contracts which may also include a “no-lapse guarantee” where the Company contractually guarantees to the contractholder a death benefit even when the account value drops to zero, as long as the “no-lapse guarantee” premium is paid. The net amount at risk is generally defined as the current death benefit in excess of the current account balance at the balance sheet date. The Company’s primary risk exposures for these contracts relates to actual deviations from, or changes to, the assumptions used in the original pricing of these products, including contractholder mortality, contract lapses, and premium pattern, as well as interest rate and equity market returns. The Company also issues annuity contracts that provide certain death benefit and/or living benefit guarantees and are accounted for as MRBs. See Note 11 for additional information, including the net amount at risk associated with these guarantees. The balance of account values by range of guaranteed minimum crediting rates and the related range of difference, in basis points (“bps”), between rates being credited to policyholders and the respective guaranteed minimums are as follows: September 30, 2024 Range of Guaranteed Minimum Crediting Rate (1) At guaranteed minimum 1 - 50 bps above guaranteed minimum 51 - 150 bps above guaranteed minimum Greater than 150 bps above guaranteed minimum Total (in millions) Retirement Strategies - Institutional Less than 1.00% $ 400 $ 0 $ 0 $ 0 $ 400 1.00% - 1.99% 1,551 0 0 0 1,551 2.00% - 2.99% 83 0 0 0 83 3.00% - 4.00% 4,715 0 0 0 4,715 Greater than 4.00% 3,201 0 0 0 3,201 Total $ 9,950 $ 0 $ 0 $ 0 $ 9,950 Retirement Strategies - Individual Variable Less than 1.00% $ 324 $ 622 $ 447 $ 0 $ 1,393 1.00% - 1.99% 156 211 3 0 370 2.00% - 2.99% 23 4 4 0 31 3.00% - 4.00% 1,763 5 8 0 1,776 Greater than 4.00% 85 0 0 0 85 Total $ 2,351 $ 842 $ 462 $ 0 $ 3,655 Retirement Strategies - Individual Fixed Less than 1.00% $ 0 $ 3 $ 10 $ 967 $ 980 1.00% - 1.99% 474 82 226 75 857 2.00% - 2.99% 545 463 560 17 1,585 3.00% - 4.00% 1,565 83 10 3 1,661 Greater than 4.00% 85 0 0 0 85 Total $ 2,669 $ 631 $ 806 $ 1,062 $ 5,168 Group Insurance - Life / Disability Less than 1.00% $ 0 $ 0 $ 0 $ 966 $ 966 1.00% - 1.99% 0 0 0 0 0 2.00% - 2.99% 41 0 0 0 41 3.00% - 4.00% 1,432 0 0 63 1,495 Greater than 4.00% 68 0 0 0 68 Total $ 1,541 $ 0 $ 0 $ 1,029 $ 2,570 Individual Life - Variable / Universal Life Less than 1.00% $ 0 $ 0 $ 0 $ 309 $ 309 1.00% - 1.99% 262 0 1,692 1,875 3,829 2.00% - 2.99% 31 1,505 2,834 453 4,823 3.00% - 4.00% 4,244 3,811 1,344 33 9,432 Greater than 4.00% 5,406 0 0 0 5,406 Total $ 9,943 $ 5,316 $ 5,870 $ 2,670 $ 23,799 International Businesses - Life Planner Less than 1.00% $ 315 $ 43 $ 82 $ 2,809 $ 3,249 1.00% - 1.99% 2,904 29 0 0 2,933 2.00% - 2.99% 2,085 0 0 0 2,085 3.00% - 4.00% 380 0 0 0 380 Greater than 4.00% 410 0 0 0 410 Total $ 6,094 $ 72 $ 82 $ 2,809 $ 9,057 International Businesses - Gibraltar Life and Other Less than 1.00% $ 15,688 $ 0 $ 0 $ 0 $ 15,688 1.00% - 1.99% 8,425 54 0 0 8,479 2.00% - 2.99% 2,785 300 31 0 3,116 3.00% - 4.00% 5,962 0 0 0 5,962 Greater than 4.00% 8,001 0 0 0 8,001 Total $ 40,861 $ 354 $ 31 $ 0 $ 41,246 September 30, 2023 Range of Guaranteed Minimum Crediting Rate (1) At guaranteed minimum 1 - 50 bps above guaranteed minimum 51 - 150 bps above guaranteed minimum Greater than 150 bps above guaranteed minimum Total (in millions) Retirement Strategies - Institutional Less than 1.00% $ 400 $ 0 $ 0 $ 0 $ 400 1.00% - 1.99% 1,551 0 0 0 1,551 2.00% - 2.99% 551 0 0 0 551 3.00% - 4.00% 5,312 0 0 0 5,312 Greater than 4.00% 2,150 0 0 0 2,150 Total $ 9,964 $ 0 $ 0 $ 0 $ 9,964 Retirement Strategies - Individual Variable Less than 1.00% $ 944 $ 821 $ 18 $ 0 $ 1,783 1.00% - 1.99% 224 2 1 0 227 2.00% - 2.99% 32 5 3 0 40 3.00% - 4.00% 2,046 8 10 0 2,064 Greater than 4.00% 97 0 0 0 97 Total $ 3,343 $ 836 $ 32 $ 0 $ 4,211 Retirement Strategies - Individual Fixed Less than 1.00% $ 0 $ 0 $ 0 $ 20 $ 20 1.00% - 1.99% 544 129 246 82 1,001 2.00% - 2.99% 535 469 320 12 1,336 3.00% - 4.00% 343 9 0 0 352 Greater than 4.00% 97 0 0 0 97 Total $ 1,519 $ 607 $ 566 $ 114 $ 2,806 Group Insurance - Life / Disability Less than 1.00% $ 0 $ 0 $ 0 $ 1,221 $ 1,221 1.00% - 1.99% 0 0 0 0 0 2.00% - 2.99% 29 0 0 0 29 3.00% - 4.00% 1,565 0 0 0 1,565 Greater than 4.00% 73 0 0 0 73 Total $ 1,667 $ 0 $ 0 $ 1,221 $ 2,888 Individual Life - Variable / Universal Life Less than 1.00% $ 0 $ 0 $ 0 $ 408 $ 408 1.00% - 1.99% 185 0 2,528 884 3,597 2.00% - 2.99% 29 1,418 2,940 349 4,736 3.00% - 4.00% 4,478 4,189 1,315 14 9,996 Greater than 4.00% 5,533 0 0 0 5,533 Total $ 10,225 $ 5,607 $ 6,783 $ 1,655 $ 24,270 International Businesses - Life Planner Less than 1.00% $ 320 $ 42 $ 90 $ 1,440 $ 1,892 1.00% - 1.99% 2,815 25 0 0 2,840 2.00% - 2.99% 2,013 0 0 0 2,013 3.00% - 4.00% 335 0 0 0 335 Greater than 4.00% 380 0 0 0 380 Total $ 5,863 $ 67 $ 90 $ 1,440 $ 7,460 International Businesses - Gibraltar Life and Other Less than 1.00% $ 15,671 $ 0 $ 0 $ 0 $ 15,671 1.00% - 1.99% 8,864 0 0 0 8,864 2.00% - 2.99% 3,153 310 38 0 3,501 3.00% - 4.00% 4,145 0 0 0 4,145 Greater than 4.00% 3,873 0 0 0 3,873 Total $ 35,706 $ 310 $ 38 $ 0 $ 36,054 ____________ (1) Excludes contracts without minimum guaranteed crediting rates, such as funds with indexed-linked crediting options and Japan variable products. Unearned Revenue Reserve (“URR”) The balance of and changes in URR as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 4,613 $ 359 $ 95 $ 5,067 Unearned revenue 653 107 15 775 Amortization expense (179) (12) (4) (195) Other adjustments 0 (56) (1) (57) FX adjustment 0 1 0 1 Balance, EOP 5,087 399 105 5,591 Less: Reinsurance recoverables 409 0 0 409 Balance after reinsurance recoverables, EOP $ 4,678 $ 399 $ 105 $ 5,182 Other businesses 56 Total balance after reinsurance recoverables, EOP $ 5,238 Nine Months Ended September 30, 2023 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 3,983 $ 231 $ 81 $ 4,295 Unearned revenue 622 100 16 738 Amortization expense (154) (7) (4) (165) Other adjustments 0 2 0 2 FX adjustment 0 (22) (5) (27) Balance, EOP 4,451 304 88 4,843 Less: Reinsurance recoverables 0 0 0 0 Balance after reinsurance recoverables, EOP $ 4,451 $ 304 $ 88 $ 4,843 Other businesses 50 Total balance after reinsurance recoverables, EOP $ 4,893 The following table shows a rollforward of MRB balances for variable annuity products within Individual Retirement Strategies, which is the only line of business that contains a material MRB balance, along with a reconciliation to the Company’s total net MRB positions as of the following dates: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 4,038 $ 4,987 Effect of cumulative changes in NPR 1,137 1,828 Balance, BOP, before effect of changes in NPR 5,175 6,815 Attributed fees collected 850 899 Claims paid (61) (83) Interest accrual 187 255 Actual in force different from expected 16 54 Effect of changes in interest rates 54 (2,986) Effect of changes in equity markets (1,712) (995) Effect of assumption update 93 342 Issuances 52 15 Other adjustments 14 (24) Balance, EOP, before effect of changes in NPR 4,668 4,292 Effect of cumulative changes in NPR (996) (1,301) Balance, EOP 3,672 2,991 Less: Reinsured MRBs 681 610 Balance, EOP, net of reinsurance 2,991 2,381 Other businesses 53 79 Total net MRB balance $ 3,044 $ 2,460 In both 2024 and 2023, the Company recognized an unfavorable impact to net income attributable to the actuarial assumption update for direct and assumed MRBs, primarily due to updates to policyholder behavior assumptions on certain variable annuities. The Company issues certain variable annuity insurance contracts where the Company contractually guarantees to the contractholder a return of no less than (1) total depos

Policyholders' Account Balances

Policyholders' Account Balances	9 Months Ended
	Sep. 30, 2024
Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities [Abstract]
Liabilities for Future Policy Benefits	LIABILITY FOR FUTURE POLICY BENEFITS Liability for Future Policy Benefits primarily consists of the following sub-components, which are discussed in greater detail below: • Benefit Reserves; • Deferred Profit Liability (“DPL”); and • Additional Insurance Reserves (“AIR”) In 2024, the Company recognized a favorable impact to net income attributable to its annual reviews and update of assumptions and other refinements. The impact was favorable for direct and assumed Benefit Reserves and DPL, net of the impact of flooring these liabilities at zero for each issue year cohort, primarily due to updates to mortality assumptions in Institutional Retirement Strategies and Long-Term Care, partially offset by unfavorable updates to policyholder behavior assumptions on certain life policies in International Businesses. Additionally, there was an unfavorable impact for direct and assumed AIR, primarily due to updates to policyholder behavior assumptions on universal life polices with secondary guarantees in Individual Life. In 2023, the Company recognized an unfavorable impact to net income attributable to its annual reviews and update of assumptions and other refinements. The impact was unfavorable for direct and assumed Benefit Reserves and DPL, net of the impact of flooring these liabilities at zero for each issue year cohort, primarily due to updates to policyholder behavior and claim assumptions in Long-Term Care. Additionally, there was an unfavorable impact for direct and assumed AIR, primarily due to unfavorable model refinements, partially offset by updates to economic assumptions, including expected future rates of returns on universal life polices with secondary guarantees in Individual Life. Benefit Reserves The balances of and changes in Benefit Reserves as of and for the periods indicated consist of the three tables presented below: Present Value of Expected Net Premiums rollforward, Present Value of Expected Future Policy Benefits rollforward, and Net Liability for Future Policy Benefits. Nine Months Ended September 30, 2024 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 71,407 $ 11,274 $ 29,064 $ 26,367 $ 3,286 $ 141,398 Effect of cumulative changes in discount rate assumptions, BOP 11,869 228 596 622 16 13,331 Balance at original discount rate, BOP 83,276 11,502 29,660 26,989 3,302 154,729 Effect of assumption update 41 21 (328) (535) (276) (1,077) Effect of actual variances from expected experience and other activity 534 (205) (1,030) (732) 147 (1,286) Adjusted balance, BOP 83,851 11,318 28,302 25,722 3,173 152,366 Issuances 19,730 631 1,732 852 0 22,945 Net premiums / considerations collected (20,691) (1,039) (2,849) (2,528) (241) (27,348) Interest accrual 2,150 397 634 526 113 3,820 Foreign currency adjustment 3,993 0 (521) (245) 0 3,227 Other adjustments 0 3 95 0 0 98 Balance at original discount rate, EOP 89,033 11,310 27,393 24,327 3,045 155,108 Effect of cumulative changes in discount rate assumptions, EOP (14,283) (109) (749) (651) 6 (15,786) Balance, EOP $ 74,750 $ 11,201 $ 26,644 $ 23,676 $ 3,051 $ 139,322 Other businesses, EOP 94 Total balance, EOP $ 139,416 Nine Months Ended September 30, 2024 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 141,135 $ 19,852 $ 79,822 $ 79,036 $ 12,139 $ 331,984 Effect of cumulative changes in discount rate assumptions, BOP 14,751 334 563 7,355 603 23,606 Balance at original discount rate, BOP 155,886 20,186 80,385 86,391 12,742 355,590 Effect of assumption update (481) 21 (106) (407) (394) (1,367) Effect of actual variances from expected experience and other activity 638 (240) (1,023) (715) 155 (1,185) Adjusted balance, BOP 156,043 19,967 79,256 85,269 12,503 353,038 Issuances 19,730 631 1,732 852 0 22,945 Interest accrual 4,633 707 1,921 1,630 454 9,345 Benefit payments (9,743) (1,173) (3,450) (3,730) (240) (18,336) Foreign currency adjustment 4,046 0 (1,190) (743) 0 2,113 Other adjustments 17 (7) 208 (4) 0 214 Balance at original discount rate, EOP 174,726 20,125 78,477 83,274 12,717 369,319 Effect of cumulative changes in discount rate assumptions, EOP (16,145) (152) (2,888) (8,684) (567) (28,436) Balance, EOP $ 158,581 $ 19,973 $ 75,589 $ 74,590 $ 12,150 $ 340,883 Other businesses, EOP 1,709 Total balance, EOP $ 342,592 Nine Months Ended September 30, 2024 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 83,831 $ 8,773 $ 48,945 $ 50,915 $ 9,099 $ 201,563 Flooring impact, EOP 82 0 26 13 0 121 Balance, EOP, post-flooring 83,913 8,773 48,971 50,928 9,099 201,684 Less: Reinsurance recoverables 5,481 719 98 290 0 6,588 Balance after reinsurance recoverables, EOP, post-flooring $ 78,432 $ 8,054 $ 48,873 $ 50,638 $ 9,099 $ 195,096 Other businesses, EOP(1) 1,551 Total balance after reinsurance recoverables, EOP $ 196,647 Nine Months Ended September 30, 2023 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 52,620 $ 11,282 $ 30,689 $ 28,951 $ 2,932 $ 126,474 Effect of cumulative changes in discount rate assumptions, BOP 14,349 572 1,354 1,326 103 17,704 Balance at original discount rate, BOP 66,969 11,854 32,043 30,277 3,035 144,178 Effect of assumption update (1,117) (1) 78 (175) 266 (949) Effect of actual variances from expected experience and other activity 384 (159) (814) (516) 145 (960) Adjusted balance, BOP 66,236 11,694 31,307 29,586 3,446 142,269 Issuances 8,453 539 1,793 1,258 0 12,043 Net premiums / considerations collected (8,682) (1,060) (3,055) (2,873) (242) (15,912) Interest accrual 1,588 404 680 594 117 3,383 Foreign currency adjustment 950 0 (1,583) (1,608) 0 (2,241) Other adjustments 0 (2) 104 0 0 102 Balance at original discount rate, EOP 68,545 11,575 29,246 26,957 3,321 139,644 Effect of cumulative changes in discount rate assumptions, EOP (16,742) (965) (1,571) (1,495) (249) (21,022) Balance, EOP $ 51,803 $ 10,610 $ 27,675 $ 25,462 $ 3,072 $ 118,622 Other businesses, EOP 83 Total balance, EOP $ 118,705 Nine Months Ended September 30, 2023 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 117,754 $ 19,288 $ 78,639 $ 80,331 $ 10,685 $ 306,697 Effect of cumulative changes in discount rate assumptions, BOP 20,170 1,012 3,719 11,266 1,216 37,383 Balance at original discount rate, BOP 137,924 20,300 82,358 91,597 11,901 344,080 Effect of assumption update (1,289) (1) 145 44 357 (744) Effect of actual variances from expected experience and other activity 377 (194) (845) (503) 171 (994) Adjusted balance, BOP 137,012 20,105 81,658 91,138 12,429 342,342 Issuances 8,453 539 1,793 1,258 0 12,043 Interest accrual 3,720 707 1,977 1,729 443 8,576 Benefit payments (8,550) (1,121) (2,729) (3,496) (196) (16,092) Foreign currency adjustment 981 0 (4,630) (5,780) 0 (9,429) Other adjustments (138) (14) 206 (18) 0 36 Balance at original discount rate, EOP 141,478 20,216 78,275 84,831 12,676 337,476 Effect of cumulative changes in discount rate assumptions, EOP (24,887) (1,856) (5,296) (11,846) (2,305) (46,190) Balance, EOP $ 116,591 $ 18,360 $ 72,979 $ 72,985 $ 10,371 $ 291,286 Other businesses, EOP 1,635 Total balance, EOP $ 292,921 Nine Months Ended September 30, 2023 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 64,789 $ 7,750 $ 45,304 $ 47,523 $ 7,299 $ 172,665 Flooring impact, EOP 0 2 27 31 0 60 Balance, EOP, post-flooring 64,789 7,752 45,331 47,554 7,299 172,725 Less: Reinsurance recoverables 4,810 696 96 189 0 5,791 Balance after reinsurance recoverables, EOP, post-flooring $ 59,979 $ 7,056 $ 45,235 $ 47,365 $ 7,299 $ 166,934 Other businesses, EOP(1) 1,482 Total balance after reinsurance recoverables, EOP $ 168,416 __________ (1) Reflects balance after reinsurance recoverables of $62 million and $69 million at September 30, 2024 and 2023, respectively. The following tables provide supplemental information related to the balances of and changes in Benefit Reserves included in the disaggregated tables above, on a gross (direct and assumed) basis, as of and for the period indicated: Nine Months Ended September 30, 2024 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 145,066 $ 22,937 $ 63,514 $ 51,059 $ 6,758 Discounted expected future gross premiums (at original discount rate) $ 96,557 $ 15,183 $ 49,274 $ 41,069 $ 4,488 Discounted expected future gross premiums (at current discount rate) $ 80,840 $ 15,067 $ 48,327 $ 40,061 $ 4,502 Undiscounted expected future benefits and expenses $ 274,739 $ 31,059 $ 132,310 $ 133,511 $ 29,908 Weighted-average duration of the liability in years (at original discount rate) 8 10 18 18 17 Weighted-average duration of the liability in years (at current discount rate) 8 9 17 16 16 Weighted-average interest rate (at original discount rate) 4.74 % 5.14 % 3.43 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 4.96 % 4.91 % 3.36 % 3.25 % 5.24 % Nine Months Ended September 30, 2023 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 108,863 $ 23,147 $ 68,665 $ 56,169 $ 6,854 Discounted expected future gross premiums (at original discount rate) $ 75,372 $ 15,381 $ 53,078 $ 45,102 $ 4,496 Discounted expected future gross premiums (at current discount rate) $ 56,962 $ 14,120 $ 50,753 $ 42,804 $ 4,167 Undiscounted expected future benefits and expenses $ 217,931 $ 31,164 $ 137,378 $ 139,536 $ 30,897 Weighted-average duration of the liability in years (at original discount rate) 9 10 20 19 18 Weighted-average duration of the liability in years (at current discount rate) 8 9 19 17 17 Weighted-average interest rate (at original discount rate) 4.57 % 5.17 % 3.46 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 6.02 % 6.01 % 3.37 % 3.26 % 6.30 % For additional information regarding observable market information and the techniques used to determine the interest rate assumptions seen above, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. For non-participating traditional and limited-payment products, if a cohort is in a loss position where the liability for future policy benefits plus the present value of expected future gross premiums are determined to be insufficient to provide for the present value of expected future policy benefits and non-level claim settlement expenses, then the liability for future policy benefits is adjusted at that time, and thereafter, such that all changes, both favorable and unfavorable, in expected benefits resulting from both actual experience deviations and changes in future assumptions are recognized immediately as a gain or loss respectively. For both the first nine months of 2024 and 2023, there was an immaterial impact to net income for non-participating traditional and limited-payment products, where net premiums exceeded gross premiums for certain issue-year cohorts. Deferred Profit Liability The balances of and changes in DPL as of and for the period indicated are as follows: Nine Months Ended September 30, 2024 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,615 $ 3,956 $ 5,303 $ 14,874 Less: Flooring impact, BOP 0 1 1 2 Balance, BOP, pre-flooring 5,615 3,955 5,302 14,872 Effect of assumption update 370 (150) (138) 82 Effect of actual variances from expected experience and other activity (69) (20) (33) (122) Adjusted balance, BOP 5,916 3,785 5,131 14,832 Profits deferred 112 1,164 874 2,150 Interest accrual 177 122 116 415 Amortization (441) (851) (737) (2,029) Foreign currency adjustment 14 (76) (32) (94) Other adjustments 0 22 0 22 Balance, EOP, pre-flooring 5,778 4,166 5,352 15,296 Flooring impact, EOP 0 1 2 3 Balance, EOP, post-flooring 5,778 4,167 5,354 15,299 Less: Reinsurance recoverables 396 10 31 437 Balance after reinsurance recoverables, EOP, post-flooring $ 5,382 $ 4,157 $ 5,323 14,862 Other businesses 156 Total balance after reinsurance recoverables, EOP $ 15,018 Nine Months Ended September 30, 2023 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,532 $ 3,379 $ 5,261 $ 14,172 Less: Flooring impact, BOP 0 0 1 1 Balance, BOP, pre-flooring 5,532 3,379 5,260 14,171 Effect of assumption update 35 (67) (228) (260) Effect of actual variances from expected experience and other activity 4 (4) (32) (32) Adjusted balance, BOP 5,571 3,308 5,000 13,879 Profits deferred 294 1,271 1,017 2,582 Interest accrual 170 109 114 393 Amortization (424) (869) (765) (2,058) Foreign currency adjustment 2 (128) (251) (377) Other adjustments 0 24 0 24 Balance, EOP, pre-flooring 5,613 3,715 5,115 14,443 Flooring impact, EOP 0 0 1 1 Balance, EOP, post-flooring 5,613 3,715 5,116 14,444 Less: Reinsurance recoverables 383 8 10 401 Balance after reinsurance recoverables, EOP, post-flooring $ 5,230 $ 3,707 $ 5,106 14,043 Other businesses 145 Total balance after reinsurance recoverables, EOP $ 14,188 Additional Insurance Reserves AIR represents the additional liability for annuitization, death, or other insurance benefits, including guaranteed minimum death benefits (“GMDB”) and guaranteed minimum income benefits (“GMIB”) contract features, that are above and beyond the contractholder's account balance for certain long-duration life contracts. The following table shows a rollforward of AIR balances for variable and universal life products within Individual Life, which is the only line of business that contains a material AIR balance, for the period indicated, along with a reconciliation to the Company’s total AIR balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, including amounts in AOCI, BOP, post-flooring $ 14,308 $ 12,684 Flooring impact and amounts in AOCI 843 1,285 Balance, excluding amounts in AOCI, BOP, pre-flooring 15,151 13,969 Effect of assumption update 153 23 Effect of actual variances from expected experience and other activity 315 (13) Adjusted balance, BOP 15,619 13,979 Assessments collected(1) 852 836 Interest accrual 399 362 Benefits paid (268) (223) Other adjustments 13 0 Balance, excluding amounts in AOCI, EOP, pre-flooring 16,615 14,954 Flooring impact and amounts in AOCI (352) (1,737) Balance, including amounts in AOCI, EOP, post-flooring 16,263 13,217 Less: Reinsurance recoverables 8,287 5,286 Balance after reinsurance recoverables, including amounts in AOCI, EOP 7,976 7,931 Other businesses 75 123 Total balance after reinsurance recoverables $ 8,051 $ 8,054 __________ (1) Represents the portion of gross assessments required to fund the future policy benefits. Nine Months Ended September 30, 2024 2023 Weighted-average duration of the liability in years (at original discount rate) 22 22 Weighted-average interest rate (at original discount rate) 3.40 % 3.36 % Future Policy Benefits Reconciliation The following table presents the reconciliation of the ending balances from above rollforwards, Benefit Reserves, DPL, and AIR including other liabilities, gross of related reinsurance recoverable, to the total liability for Future Policy Benefits on the Company's Consolidated Statement of Financial Position as of the periods indicated: Nine Months Ended September 30, 2024 2023 (in millions) Benefit reserves, EOP, post-flooring $ 203,297 $ 174,276 Deferred Profit Liability EOP, post-flooring 15,455 14,589 Additional insurance reserves, including amounts in AOCI, EOP, post-flooring 16,338 13,340 Subtotal of amounts disclosed above 235,090 202,205 Other Future Policy Benefits reserves(1) 50,384 51,346 Total Future Policy Benefits $ 285,474 $ 253,551 __________ (1) Primarily represents balances for which disaggregated rollforward disclosures are not required, including Closed Block liabilities, unpaid claims and claims expenses, and incurred but not reported and in course of settlement claim liabilities. Revenue and Interest Expense The following tables present revenue and interest expense related to Benefit Reserves, DPL, and AIR in the Company's Consolidated Statement of Operations as of the periods indicated: Nine Months Ended September 30, 2024 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 21,128 $ 1,384 $ 0 $ 4,359 $ 4,163 $ 419 $ 31,453 Deferred profit liability (149) 0 0 (287) (82) (7) (525) Additional insurance reserves 0 0 2,455 0 0 0 2,455 Total $ 20,979 $ 1,384 $ 2,455 $ 4,072 $ 4,081 $ 412 $ 33,383 Nine Months Ended September 30, 2023 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 9,310 $ 1,384 $ 0 $ 4,849 $ 4,741 $ 415 $ 20,699 Deferred profit liability (79) 0 0 (464) (105) 37 (611) Additional insurance reserves 0 0 2,357 0 0 0 2,357 Total $ 9,231 $ 1,384 $ 2,357 $ 4,385 $ 4,636 $ 452 $ 22,445 Nine Months Ended September 30, 2024 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,483 $ 310 $ 0 $ 1,287 $ 1,105 $ 379 $ 5,564 Deferred profit liability 177 0 0 122 116 3 418 Additional insurance reserves 0 0 399 1 0 0 400 Total $ 2,660 $ 310 $ 399 $ 1,410 $ 1,221 $ 382 $ 6,382 Nine Months Ended September 30, 2023 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,132 $ 303 $ 0 $ 1,297 $ 1,135 $ 366 $ 5,233 Deferred profit liability 170 0 0 109 114 3 396 Additional insurance reserves 0 0 362 1 0 0 363 Total $ 2,302 $ 303 $ 362 $ 1,407 $ 1,249 $ 369 $ 5,992 __________ (1) Represents gross premiums for benefit reserves, gross premiums, excluding impact of foreign currency adjustments for DPL and gross assessments for AIR. The balances of and changes in policyholders' account balances as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Retirement Strategies Group Insurance Individual Life International Businesses Total Institutional Individual Variable Individual Fixed Life/Disability Variable/Universal Life Life Planner Gibraltar Life and Other ($ in millions) Balance, BOP $ 17,738 $ 23,765 $ 7,095 $ 5,293 $ 27,439 $ 12,949 $ 38,450 $ 132,729 Deposits 5,824 5,902 4,188 871 1,837 1,540 5,393 25,555 Interest credited 555 359 174 110 577 528 684 2,987 Acquisitions and dispositions 0 0 0 0 0 0 0 0 Policy charges (9) (22) (4) (248) (1,537) (246) (190) (2,256) Surrenders and withdrawals (4,123) (663) (537) (1,123) (1,264) (241) (1,230) (9,181) Benefit payments (461) (60) (62) 0 (98) (199) (1,618) (2,498) Net transfers (to) from separate account 0 61 0 29 443 0 0 533 Change in market value and other adjustments(1) 7 2,040 218 0 159 (347) (11) 2,066 Foreign currency adjustment 0 0 0 0 0 (103) (101) (204) Balance, EOP $ 19,531 $ 31,382 $ 11,072 $ 4,932 $ 27,556 $ 13,881 $ 41,377 $ 149,731 Closed Block Division 4,391 Unearned revenue reserve, unearned expense credit, and additional interest reserve 5,849 Other(2) 4,117 Total Policyholders' account balance $ 164,088 Weighted-average crediting rate 3.97 % 1.73 % 2.57 % 2.86 % 2.80 % 5.25 % 2.29 % 2.82 % Net amount at risk(3) $ 0 $ 0 $ 0 $ 73,883 $ 392,501 $ 21,532 $ 6,406 $ 494,322 Cash surrender value(4) $ 19,531 $ 30,049 $ 9,528 $ 3,842 $ 23,692 $ 12,638 $ 37,769 $ 137,049 Nine Months Ended September 30, 2023 Retirement Strategies Group Insurance Individual Life International Businesses Total Institutional Individual Variable Individual Fixed Life/Disability Variable/Universal Life Life Planner Gibraltar Life and Other ($ in millions) Balance, BOP $ 17,376 $ 17,524 $ 4,643 $ 5,839 $ 26,502 $ 11,168 $ 35,325 $ 118,377 Deposits 4,407 3,444 1,839 811 1,773 1,640 4,274 18,188 Interest credited 509 219 96 124 583 577 531 2,639 Acquisitions and Dispositions 0 0 0 0 0 0 0 0 Policy charges (16) (17) (6) (247) (1,536) (222) (146) (2,190) Surrenders and withdrawals (4,332) (492) (298) (1,217) (1,267) (153) (1,015) (8,774) Benefit payments 0 (58) (58) 0 (119) (203) (1,462) (1,900) Net transfers (to) from separate account 0 22 0 2 1,282 0 0 1,306 Change in market value and other adjustments(1) 0 1,192 82 0 75 21 (7) 1,363 Foreign currency adjustment 0 0 0 0 0 (1,071) (1,291) (2,362) Balance, EOP $ 17,944 $ 21,834 $ 6,298 $ 5,312 $ 27,293 $ 11,757 $ 36,209 $ 126,647 Closed Block Division 4,528 Unearned revenue reserve, unearned expense credit, and additional interest reserve 5,109 Other(2) 4,504 Total Policyholders' account balance $ 140,788 Weighted-average crediting rate 3.85 % 1.48 % 2.33 % 2.97 % 2.89 % 6.72 % 1.98 % 2.87 % Net amount at risk(3) $ 0 $ 0 $ 0 $ 73,260 $ 378,191 $ 17,400 $ 6,274 $ 475,125 Cash surrender value(4) $ 17,944 $ 19,184 $ 5,038 $ 3,966 $ 23,101 $ 10,063 $ 31,144 $ 110,440 __________ (1) Primarily relates to changes in the value of embedded derivative instruments associated with the indexed options of certain products. (2) Includes $5,207 million and $5,621 million of Full Service account balances reinsured to Great-West as of September 30, 2024 and 2023, respectively. (3) The net amount at risk calculation includes both general account and separate account balances. (4) Cash surrender value represents the amount of the contractholder's account balances distributable at the balance sheet date less certain surrender charges. There are no cash surrender charges for the Institutional Retirement Strategies segment. “Policyholders’ account balances” for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”), which totaled $6,061 million and $5,811 million at September 30, 2024 and 2023, respectively. Under this program, which has a maximum authorized amount of $15 billion of medium-term notes and $6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0% to 5.6% and original maturities ranging from two months to seven years. Included in the amounts at September 30, 2024 and 2023 are funding agreements that secure the medium-term note liability, which are carried at amortized cost, of $3,969 million and $3,465 million, respectively, and short-term note liability of $2,127 million and $2,389 million, respectively. “Policyholders’ account balances” for Institutional Retirement Strategies also includes collateralized funding agreements issued to the Federal Home Loan Bank of New York (“FHLBNY”) totaling $2,628 million as of both September 30, 2024 and 2023. These obligations, which are carried at amortized cost, have fixed interest rates that range from 1.925% to 4.510% and original maturities of seven years. The Company issues variable life and universal life insurance contracts which may also include a “no-lapse guarantee” where the Company contractually guarantees to the contractholder a death benefit even when the account value drops to zero, as long as the “no-lapse guarantee” premium is paid. The net amount at risk is generally defined as the current death benefit in excess of the current account balance at the balance sheet date. The Company’s primary risk exposures for these contracts relates to actual deviations from, or changes to, the assumptions used in the original pricing of these products, including contractholder mortality, contract lapses, and premium pattern, as well as interest rate and equity market returns. The Company also issues annuity contracts that provide certain death benefit and/or living benefit guarantees and are accounted for as MRBs. See Note 11 for additional information, including the net amount at risk associated with these guarantees. The balance of account values by range of guaranteed minimum crediting rates and the related range of difference, in basis points (“bps”), between rates being credited to policyholders and the respective guaranteed minimums are as follows: September 30, 2024 Range of Guaranteed Minimum Crediting Rate (1) At guaranteed minimum 1 - 50 bps above guaranteed minimum 51 - 150 bps above guaranteed minimum Greater than 150 bps above guaranteed minimum Total (in millions) Retirement Strategies - Institutional Less than 1.00% $ 400 $ 0 $ 0 $ 0 $ 400 1.00% - 1.99% 1,551 0 0 0 1,551 2.00% - 2.99% 83 0 0 0 83 3.00% - 4.00% 4,715 0 0 0 4,715 Greater than 4.00% 3,201 0 0 0 3,201 Total $ 9,950 $ 0 $ 0 $ 0 $ 9,950 Retirement Strategies - Individual Variable Less than 1.00% $ 324 $ 622 $ 447 $ 0 $ 1,393 1.00% - 1.99% 156 211 3 0 370 2.00% - 2.99% 23 4 4 0 31 3.00% - 4.00% 1,763 5 8 0 1,776 Greater than 4.00% 85 0 0 0 85 Total $ 2,351 $ 842 $ 462 $ 0 $ 3,655 Retirement Strategies - Individual Fixed Less than 1.00% $ 0 $ 3 $ 10 $ 967 $ 980 1.00% - 1.99% 474 82 226 75 857 2.00% - 2.99% 545 463 560 17 1,585 3.00% - 4.00% 1,565 83 10 3 1,661 Greater than 4.00% 85 0 0 0 85 Total $ 2,669 $ 631 $ 806 $ 1,062 $ 5,168 Group Insurance - Life / Disability Less than 1.00% $ 0 $ 0 $ 0 $ 966 $ 966 1.00% - 1.99% 0 0 0 0 0 2.00% - 2.99% 41 0 0 0 41 3.00% - 4.00% 1,432 0 0 63 1,495 Greater than 4.00% 68 0 0 0 68 Total $ 1,541 $ 0 $ 0 $ 1,029 $ 2,570 Individual Life - Variable / Universal Life Less than 1.00% $ 0 $ 0 $ 0 $ 309 $ 309 1.00% - 1.99% 262 0 1,692 1,875 3,829 2.00% - 2.99% 31 1,505 2,834 453 4,823 3.00% - 4.00% 4,244 3,811 1,344 33 9,432 Greater than 4.00% 5,406 0 0 0 5,406 Total $ 9,943 $ 5,316 $ 5,870 $ 2,670 $ 23,799 International Businesses - Life Planner Less than 1.00% $ 315 $ 43 $ 82 $ 2,809 $ 3,249 1.00% - 1.99% 2,904 29 0 0 2,933 2.00% - 2.99% 2,085 0 0 0 2,085 3.00% - 4.00% 380 0 0 0 380 Greater than 4.00% 410 0 0 0 410 Total $ 6,094 $ 72 $ 82 $ 2,809 $ 9,057 International Businesses - Gibraltar Life and Other Less than 1.00% $ 15,688 $ 0 $ 0 $ 0 $ 15,688 1.00% - 1.99% 8,425 54 0 0 8,479 2.00% - 2.99% 2,785 300 31 0 3,116 3.00% - 4.00% 5,962 0 0 0 5,962 Greater than 4.00% 8,001 0 0 0 8,001 Total $ 40,861 $ 354 $ 31 $ 0 $ 41,246 September 30, 2023 Range of Guaranteed Minimum Crediting Rate (1) At guaranteed minimum 1 - 50 bps above guaranteed minimum 51 - 150 bps above guaranteed minimum Greater than 150 bps above guaranteed minimum Total (in millions) Retirement Strategies - Institutional Less than 1.00% $ 400 $ 0 $ 0 $ 0 $ 400 1.00% - 1.99% 1,551 0 0 0 1,551 2.00% - 2.99% 551 0 0 0 551 3.00% - 4.00% 5,312 0 0 0 5,312 Greater than 4.00% 2,150 0 0 0 2,150 Total $ 9,964 $ 0 $ 0 $ 0 $ 9,964 Retirement Strategies - Individual Variable Less than 1.00% $ 944 $ 821 $ 18 $ 0 $ 1,783 1.00% - 1.99% 224 2 1 0 227 2.00% - 2.99% 32 5 3 0 40 3.00% - 4.00% 2,046 8 10 0 2,064 Greater than 4.00% 97 0 0 0 97 Total $ 3,343 $ 836 $ 32 $ 0 $ 4,211 Retirement Strategies - Individual Fixed Less than 1.00% $ 0 $ 0 $ 0 $ 20 $ 20 1.00% - 1.99% 544 129 246 82 1,001 2.00% - 2.99% 535 469 320 12 1,336 3.00% - 4.00% 343 9 0 0 352 Greater than 4.00% 97 0 0 0 97 Total $ 1,519 $ 607 $ 566 $ 114 $ 2,806 Group Insurance - Life / Disability Less than 1.00% $ 0 $ 0 $ 0 $ 1,221 $ 1,221 1.00% - 1.99% 0 0 0 0 0 2.00% - 2.99% 29 0 0 0 29 3.00% - 4.00% 1,565 0 0 0 1,565 Greater than 4.00% 73 0 0 0 73 Total $ 1,667 $ 0 $ 0 $ 1,221 $ 2,888 Individual Life - Variable / Universal Life Less than 1.00% $ 0 $ 0 $ 0 $ 408 $ 408 1.00% - 1.99% 185 0 2,528 884 3,597 2.00% - 2.99% 29 1,418 2,940 349 4,736 3.00% - 4.00% 4,478 4,189 1,315 14 9,996 Greater than 4.00% 5,533 0 0 0 5,533 Total $ 10,225 $ 5,607 $ 6,783 $ 1,655 $ 24,270 International Businesses - Life Planner Less than 1.00% $ 320 $ 42 $ 90 $ 1,440 $ 1,892 1.00% - 1.99% 2,815 25 0 0 2,840 2.00% - 2.99% 2,013 0 0 0 2,013 3.00% - 4.00% 335 0 0 0 335 Greater than 4.00% 380 0 0 0 380 Total $ 5,863 $ 67 $ 90 $ 1,440 $ 7,460 International Businesses - Gibraltar Life and Other Less than 1.00% $ 15,671 $ 0 $ 0 $ 0 $ 15,671 1.00% - 1.99% 8,864 0 0 0 8,864 2.00% - 2.99% 3,153 310 38 0 3,501 3.00% - 4.00% 4,145 0 0 0 4,145 Greater than 4.00% 3,873 0 0 0 3,873 Total $ 35,706 $ 310 $ 38 $ 0 $ 36,054 ____________ (1) Excludes contracts without minimum guaranteed crediting rates, such as funds with indexed-linked crediting options and Japan variable products. Unearned Revenue Reserve (“URR”) The balance of and changes in URR as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 4,613 $ 359 $ 95 $ 5,067 Unearned revenue 653 107 15 775 Amortization expense (179) (12) (4) (195) Other adjustments 0 (56) (1) (57) FX adjustment 0 1 0 1 Balance, EOP 5,087 399 105 5,591 Less: Reinsurance recoverables 409 0 0 409 Balance after reinsurance recoverables, EOP $ 4,678 $ 399 $ 105 $ 5,182 Other businesses 56 Total balance after reinsurance recoverables, EOP $ 5,238 Nine Months Ended September 30, 2023 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 3,983 $ 231 $ 81 $ 4,295 Unearned revenue 622 100 16 738 Amortization expense (154) (7) (4) (165) Other adjustments 0 2 0 2 FX adjustment 0 (22) (5) (27) Balance, EOP 4,451 304 88 4,843 Less: Reinsurance recoverables 0 0 0 0 Balance after reinsurance recoverables, EOP $ 4,451 $ 304 $ 88 $ 4,843 Other businesses 50 Total balance after reinsurance recoverables, EOP $ 4,893 The following table shows a rollforward of MRB balances for variable annuity products within Individual Retirement Strategies, which is the only line of business that contains a material MRB balance, along with a reconciliation to the Company’s total net MRB positions as of the following dates: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 4,038 $ 4,987 Effect of cumulative changes in NPR 1,137 1,828 Balance, BOP, before effect of changes in NPR 5,175 6,815 Attributed fees collected 850 899 Claims paid (61) (83) Interest accrual 187 255 Actual in force different from expected 16 54 Effect of changes in interest rates 54 (2,986) Effect of changes in equity markets (1,712) (995) Effect of assumption update 93 342 Issuances 52 15 Other adjustments 14 (24) Balance, EOP, before effect of changes in NPR 4,668 4,292 Effect of cumulative changes in NPR (996) (1,301) Balance, EOP 3,672 2,991 Less: Reinsured MRBs 681 610 Balance, EOP, net of reinsurance 2,991 2,381 Other businesses 53 79 Total net MRB balance $ 3,044 $ 2,460 In both 2024 and 2023, the Company recognized an unfavorable impact to net income attributable to the actuarial assumption update for direct and assumed MRBs, primarily due to updates to policyholder behavior assumptions on certain variable annuities. The Company issues certain variable annuity insurance contracts where the Company contractually guarantees to the contractholder a return of no less than (1) total depos

Market Risk Benefits

Market Risk Benefits	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Market Risk Benefits	LIABILITY FOR FUTURE POLICY BENEFITS Liability for Future Policy Benefits primarily consists of the following sub-components, which are discussed in greater detail below: • Benefit Reserves; • Deferred Profit Liability (“DPL”); and • Additional Insurance Reserves (“AIR”) In 2024, the Company recognized a favorable impact to net income attributable to its annual reviews and update of assumptions and other refinements. The impact was favorable for direct and assumed Benefit Reserves and DPL, net of the impact of flooring these liabilities at zero for each issue year cohort, primarily due to updates to mortality assumptions in Institutional Retirement Strategies and Long-Term Care, partially offset by unfavorable updates to policyholder behavior assumptions on certain life policies in International Businesses. Additionally, there was an unfavorable impact for direct and assumed AIR, primarily due to updates to policyholder behavior assumptions on universal life polices with secondary guarantees in Individual Life. In 2023, the Company recognized an unfavorable impact to net income attributable to its annual reviews and update of assumptions and other refinements. The impact was unfavorable for direct and assumed Benefit Reserves and DPL, net of the impact of flooring these liabilities at zero for each issue year cohort, primarily due to updates to policyholder behavior and claim assumptions in Long-Term Care. Additionally, there was an unfavorable impact for direct and assumed AIR, primarily due to unfavorable model refinements, partially offset by updates to economic assumptions, including expected future rates of returns on universal life polices with secondary guarantees in Individual Life. Benefit Reserves The balances of and changes in Benefit Reserves as of and for the periods indicated consist of the three tables presented below: Present Value of Expected Net Premiums rollforward, Present Value of Expected Future Policy Benefits rollforward, and Net Liability for Future Policy Benefits. Nine Months Ended September 30, 2024 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 71,407 $ 11,274 $ 29,064 $ 26,367 $ 3,286 $ 141,398 Effect of cumulative changes in discount rate assumptions, BOP 11,869 228 596 622 16 13,331 Balance at original discount rate, BOP 83,276 11,502 29,660 26,989 3,302 154,729 Effect of assumption update 41 21 (328) (535) (276) (1,077) Effect of actual variances from expected experience and other activity 534 (205) (1,030) (732) 147 (1,286) Adjusted balance, BOP 83,851 11,318 28,302 25,722 3,173 152,366 Issuances 19,730 631 1,732 852 0 22,945 Net premiums / considerations collected (20,691) (1,039) (2,849) (2,528) (241) (27,348) Interest accrual 2,150 397 634 526 113 3,820 Foreign currency adjustment 3,993 0 (521) (245) 0 3,227 Other adjustments 0 3 95 0 0 98 Balance at original discount rate, EOP 89,033 11,310 27,393 24,327 3,045 155,108 Effect of cumulative changes in discount rate assumptions, EOP (14,283) (109) (749) (651) 6 (15,786) Balance, EOP $ 74,750 $ 11,201 $ 26,644 $ 23,676 $ 3,051 $ 139,322 Other businesses, EOP 94 Total balance, EOP $ 139,416 Nine Months Ended September 30, 2024 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 141,135 $ 19,852 $ 79,822 $ 79,036 $ 12,139 $ 331,984 Effect of cumulative changes in discount rate assumptions, BOP 14,751 334 563 7,355 603 23,606 Balance at original discount rate, BOP 155,886 20,186 80,385 86,391 12,742 355,590 Effect of assumption update (481) 21 (106) (407) (394) (1,367) Effect of actual variances from expected experience and other activity 638 (240) (1,023) (715) 155 (1,185) Adjusted balance, BOP 156,043 19,967 79,256 85,269 12,503 353,038 Issuances 19,730 631 1,732 852 0 22,945 Interest accrual 4,633 707 1,921 1,630 454 9,345 Benefit payments (9,743) (1,173) (3,450) (3,730) (240) (18,336) Foreign currency adjustment 4,046 0 (1,190) (743) 0 2,113 Other adjustments 17 (7) 208 (4) 0 214 Balance at original discount rate, EOP 174,726 20,125 78,477 83,274 12,717 369,319 Effect of cumulative changes in discount rate assumptions, EOP (16,145) (152) (2,888) (8,684) (567) (28,436) Balance, EOP $ 158,581 $ 19,973 $ 75,589 $ 74,590 $ 12,150 $ 340,883 Other businesses, EOP 1,709 Total balance, EOP $ 342,592 Nine Months Ended September 30, 2024 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 83,831 $ 8,773 $ 48,945 $ 50,915 $ 9,099 $ 201,563 Flooring impact, EOP 82 0 26 13 0 121 Balance, EOP, post-flooring 83,913 8,773 48,971 50,928 9,099 201,684 Less: Reinsurance recoverables 5,481 719 98 290 0 6,588 Balance after reinsurance recoverables, EOP, post-flooring $ 78,432 $ 8,054 $ 48,873 $ 50,638 $ 9,099 $ 195,096 Other businesses, EOP(1) 1,551 Total balance after reinsurance recoverables, EOP $ 196,647 Nine Months Ended September 30, 2023 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 52,620 $ 11,282 $ 30,689 $ 28,951 $ 2,932 $ 126,474 Effect of cumulative changes in discount rate assumptions, BOP 14,349 572 1,354 1,326 103 17,704 Balance at original discount rate, BOP 66,969 11,854 32,043 30,277 3,035 144,178 Effect of assumption update (1,117) (1) 78 (175) 266 (949) Effect of actual variances from expected experience and other activity 384 (159) (814) (516) 145 (960) Adjusted balance, BOP 66,236 11,694 31,307 29,586 3,446 142,269 Issuances 8,453 539 1,793 1,258 0 12,043 Net premiums / considerations collected (8,682) (1,060) (3,055) (2,873) (242) (15,912) Interest accrual 1,588 404 680 594 117 3,383 Foreign currency adjustment 950 0 (1,583) (1,608) 0 (2,241) Other adjustments 0 (2) 104 0 0 102 Balance at original discount rate, EOP 68,545 11,575 29,246 26,957 3,321 139,644 Effect of cumulative changes in discount rate assumptions, EOP (16,742) (965) (1,571) (1,495) (249) (21,022) Balance, EOP $ 51,803 $ 10,610 $ 27,675 $ 25,462 $ 3,072 $ 118,622 Other businesses, EOP 83 Total balance, EOP $ 118,705 Nine Months Ended September 30, 2023 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 117,754 $ 19,288 $ 78,639 $ 80,331 $ 10,685 $ 306,697 Effect of cumulative changes in discount rate assumptions, BOP 20,170 1,012 3,719 11,266 1,216 37,383 Balance at original discount rate, BOP 137,924 20,300 82,358 91,597 11,901 344,080 Effect of assumption update (1,289) (1) 145 44 357 (744) Effect of actual variances from expected experience and other activity 377 (194) (845) (503) 171 (994) Adjusted balance, BOP 137,012 20,105 81,658 91,138 12,429 342,342 Issuances 8,453 539 1,793 1,258 0 12,043 Interest accrual 3,720 707 1,977 1,729 443 8,576 Benefit payments (8,550) (1,121) (2,729) (3,496) (196) (16,092) Foreign currency adjustment 981 0 (4,630) (5,780) 0 (9,429) Other adjustments (138) (14) 206 (18) 0 36 Balance at original discount rate, EOP 141,478 20,216 78,275 84,831 12,676 337,476 Effect of cumulative changes in discount rate assumptions, EOP (24,887) (1,856) (5,296) (11,846) (2,305) (46,190) Balance, EOP $ 116,591 $ 18,360 $ 72,979 $ 72,985 $ 10,371 $ 291,286 Other businesses, EOP 1,635 Total balance, EOP $ 292,921 Nine Months Ended September 30, 2023 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 64,789 $ 7,750 $ 45,304 $ 47,523 $ 7,299 $ 172,665 Flooring impact, EOP 0 2 27 31 0 60 Balance, EOP, post-flooring 64,789 7,752 45,331 47,554 7,299 172,725 Less: Reinsurance recoverables 4,810 696 96 189 0 5,791 Balance after reinsurance recoverables, EOP, post-flooring $ 59,979 $ 7,056 $ 45,235 $ 47,365 $ 7,299 $ 166,934 Other businesses, EOP(1) 1,482 Total balance after reinsurance recoverables, EOP $ 168,416 __________ (1) Reflects balance after reinsurance recoverables of $62 million and $69 million at September 30, 2024 and 2023, respectively. The following tables provide supplemental information related to the balances of and changes in Benefit Reserves included in the disaggregated tables above, on a gross (direct and assumed) basis, as of and for the period indicated: Nine Months Ended September 30, 2024 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 145,066 $ 22,937 $ 63,514 $ 51,059 $ 6,758 Discounted expected future gross premiums (at original discount rate) $ 96,557 $ 15,183 $ 49,274 $ 41,069 $ 4,488 Discounted expected future gross premiums (at current discount rate) $ 80,840 $ 15,067 $ 48,327 $ 40,061 $ 4,502 Undiscounted expected future benefits and expenses $ 274,739 $ 31,059 $ 132,310 $ 133,511 $ 29,908 Weighted-average duration of the liability in years (at original discount rate) 8 10 18 18 17 Weighted-average duration of the liability in years (at current discount rate) 8 9 17 16 16 Weighted-average interest rate (at original discount rate) 4.74 % 5.14 % 3.43 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 4.96 % 4.91 % 3.36 % 3.25 % 5.24 % Nine Months Ended September 30, 2023 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 108,863 $ 23,147 $ 68,665 $ 56,169 $ 6,854 Discounted expected future gross premiums (at original discount rate) $ 75,372 $ 15,381 $ 53,078 $ 45,102 $ 4,496 Discounted expected future gross premiums (at current discount rate) $ 56,962 $ 14,120 $ 50,753 $ 42,804 $ 4,167 Undiscounted expected future benefits and expenses $ 217,931 $ 31,164 $ 137,378 $ 139,536 $ 30,897 Weighted-average duration of the liability in years (at original discount rate) 9 10 20 19 18 Weighted-average duration of the liability in years (at current discount rate) 8 9 19 17 17 Weighted-average interest rate (at original discount rate) 4.57 % 5.17 % 3.46 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 6.02 % 6.01 % 3.37 % 3.26 % 6.30 % For additional information regarding observable market information and the techniques used to determine the interest rate assumptions seen above, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. For non-participating traditional and limited-payment products, if a cohort is in a loss position where the liability for future policy benefits plus the present value of expected future gross premiums are determined to be insufficient to provide for the present value of expected future policy benefits and non-level claim settlement expenses, then the liability for future policy benefits is adjusted at that time, and thereafter, such that all changes, both favorable and unfavorable, in expected benefits resulting from both actual experience deviations and changes in future assumptions are recognized immediately as a gain or loss respectively. For both the first nine months of 2024 and 2023, there was an immaterial impact to net income for non-participating traditional and limited-payment products, where net premiums exceeded gross premiums for certain issue-year cohorts. Deferred Profit Liability The balances of and changes in DPL as of and for the period indicated are as follows: Nine Months Ended September 30, 2024 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,615 $ 3,956 $ 5,303 $ 14,874 Less: Flooring impact, BOP 0 1 1 2 Balance, BOP, pre-flooring 5,615 3,955 5,302 14,872 Effect of assumption update 370 (150) (138) 82 Effect of actual variances from expected experience and other activity (69) (20) (33) (122) Adjusted balance, BOP 5,916 3,785 5,131 14,832 Profits deferred 112 1,164 874 2,150 Interest accrual 177 122 116 415 Amortization (441) (851) (737) (2,029) Foreign currency adjustment 14 (76) (32) (94) Other adjustments 0 22 0 22 Balance, EOP, pre-flooring 5,778 4,166 5,352 15,296 Flooring impact, EOP 0 1 2 3 Balance, EOP, post-flooring 5,778 4,167 5,354 15,299 Less: Reinsurance recoverables 396 10 31 437 Balance after reinsurance recoverables, EOP, post-flooring $ 5,382 $ 4,157 $ 5,323 14,862 Other businesses 156 Total balance after reinsurance recoverables, EOP $ 15,018 Nine Months Ended September 30, 2023 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,532 $ 3,379 $ 5,261 $ 14,172 Less: Flooring impact, BOP 0 0 1 1 Balance, BOP, pre-flooring 5,532 3,379 5,260 14,171 Effect of assumption update 35 (67) (228) (260) Effect of actual variances from expected experience and other activity 4 (4) (32) (32) Adjusted balance, BOP 5,571 3,308 5,000 13,879 Profits deferred 294 1,271 1,017 2,582 Interest accrual 170 109 114 393 Amortization (424) (869) (765) (2,058) Foreign currency adjustment 2 (128) (251) (377) Other adjustments 0 24 0 24 Balance, EOP, pre-flooring 5,613 3,715 5,115 14,443 Flooring impact, EOP 0 0 1 1 Balance, EOP, post-flooring 5,613 3,715 5,116 14,444 Less: Reinsurance recoverables 383 8 10 401 Balance after reinsurance recoverables, EOP, post-flooring $ 5,230 $ 3,707 $ 5,106 14,043 Other businesses 145 Total balance after reinsurance recoverables, EOP $ 14,188 Additional Insurance Reserves AIR represents the additional liability for annuitization, death, or other insurance benefits, including guaranteed minimum death benefits (“GMDB”) and guaranteed minimum income benefits (“GMIB”) contract features, that are above and beyond the contractholder's account balance for certain long-duration life contracts. The following table shows a rollforward of AIR balances for variable and universal life products within Individual Life, which is the only line of business that contains a material AIR balance, for the period indicated, along with a reconciliation to the Company’s total AIR balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, including amounts in AOCI, BOP, post-flooring $ 14,308 $ 12,684 Flooring impact and amounts in AOCI 843 1,285 Balance, excluding amounts in AOCI, BOP, pre-flooring 15,151 13,969 Effect of assumption update 153 23 Effect of actual variances from expected experience and other activity 315 (13) Adjusted balance, BOP 15,619 13,979 Assessments collected(1) 852 836 Interest accrual 399 362 Benefits paid (268) (223) Other adjustments 13 0 Balance, excluding amounts in AOCI, EOP, pre-flooring 16,615 14,954 Flooring impact and amounts in AOCI (352) (1,737) Balance, including amounts in AOCI, EOP, post-flooring 16,263 13,217 Less: Reinsurance recoverables 8,287 5,286 Balance after reinsurance recoverables, including amounts in AOCI, EOP 7,976 7,931 Other businesses 75 123 Total balance after reinsurance recoverables $ 8,051 $ 8,054 __________ (1) Represents the portion of gross assessments required to fund the future policy benefits. Nine Months Ended September 30, 2024 2023 Weighted-average duration of the liability in years (at original discount rate) 22 22 Weighted-average interest rate (at original discount rate) 3.40 % 3.36 % Future Policy Benefits Reconciliation The following table presents the reconciliation of the ending balances from above rollforwards, Benefit Reserves, DPL, and AIR including other liabilities, gross of related reinsurance recoverable, to the total liability for Future Policy Benefits on the Company's Consolidated Statement of Financial Position as of the periods indicated: Nine Months Ended September 30, 2024 2023 (in millions) Benefit reserves, EOP, post-flooring $ 203,297 $ 174,276 Deferred Profit Liability EOP, post-flooring 15,455 14,589 Additional insurance reserves, including amounts in AOCI, EOP, post-flooring 16,338 13,340 Subtotal of amounts disclosed above 235,090 202,205 Other Future Policy Benefits reserves(1) 50,384 51,346 Total Future Policy Benefits $ 285,474 $ 253,551 __________ (1) Primarily represents balances for which disaggregated rollforward disclosures are not required, including Closed Block liabilities, unpaid claims and claims expenses, and incurred but not reported and in course of settlement claim liabilities. Revenue and Interest Expense The following tables present revenue and interest expense related to Benefit Reserves, DPL, and AIR in the Company's Consolidated Statement of Operations as of the periods indicated: Nine Months Ended September 30, 2024 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 21,128 $ 1,384 $ 0 $ 4,359 $ 4,163 $ 419 $ 31,453 Deferred profit liability (149) 0 0 (287) (82) (7) (525) Additional insurance reserves 0 0 2,455 0 0 0 2,455 Total $ 20,979 $ 1,384 $ 2,455 $ 4,072 $ 4,081 $ 412 $ 33,383 Nine Months Ended September 30, 2023 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 9,310 $ 1,384 $ 0 $ 4,849 $ 4,741 $ 415 $ 20,699 Deferred profit liability (79) 0 0 (464) (105) 37 (611) Additional insurance reserves 0 0 2,357 0 0 0 2,357 Total $ 9,231 $ 1,384 $ 2,357 $ 4,385 $ 4,636 $ 452 $ 22,445 Nine Months Ended September 30, 2024 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,483 $ 310 $ 0 $ 1,287 $ 1,105 $ 379 $ 5,564 Deferred profit liability 177 0 0 122 116 3 418 Additional insurance reserves 0 0 399 1 0 0 400 Total $ 2,660 $ 310 $ 399 $ 1,410 $ 1,221 $ 382 $ 6,382 Nine Months Ended September 30, 2023 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,132 $ 303 $ 0 $ 1,297 $ 1,135 $ 366 $ 5,233 Deferred profit liability 170 0 0 109 114 3 396 Additional insurance reserves 0 0 362 1 0 0 363 Total $ 2,302 $ 303 $ 362 $ 1,407 $ 1,249 $ 369 $ 5,992 __________ (1) Represents gross premiums for benefit reserves, gross premiums, excluding impact of foreign currency adjustments for DPL and gross assessments for AIR. The balances of and changes in policyholders' account balances as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Retirement Strategies Group Insurance Individual Life International Businesses Total Institutional Individual Variable Individual Fixed Life/Disability Variable/Universal Life Life Planner Gibraltar Life and Other ($ in millions) Balance, BOP $ 17,738 $ 23,765 $ 7,095 $ 5,293 $ 27,439 $ 12,949 $ 38,450 $ 132,729 Deposits 5,824 5,902 4,188 871 1,837 1,540 5,393 25,555 Interest credited 555 359 174 110 577 528 684 2,987 Acquisitions and dispositions 0 0 0 0 0 0 0 0 Policy charges (9) (22) (4) (248) (1,537) (246) (190) (2,256) Surrenders and withdrawals (4,123) (663) (537) (1,123) (1,264) (241) (1,230) (9,181) Benefit payments (461) (60) (62) 0 (98) (199) (1,618) (2,498) Net transfers (to) from separate account 0 61 0 29 443 0 0 533 Change in market value and other adjustments(1) 7 2,040 218 0 159 (347) (11) 2,066 Foreign currency adjustment 0 0 0 0 0 (103) (101) (204) Balance, EOP $ 19,531 $ 31,382 $ 11,072 $ 4,932 $ 27,556 $ 13,881 $ 41,377 $ 149,731 Closed Block Division 4,391 Unearned revenue reserve, unearned expense credit, and additional interest reserve 5,849 Other(2) 4,117 Total Policyholders' account balance $ 164,088 Weighted-average crediting rate 3.97 % 1.73 % 2.57 % 2.86 % 2.80 % 5.25 % 2.29 % 2.82 % Net amount at risk(3) $ 0 $ 0 $ 0 $ 73,883 $ 392,501 $ 21,532 $ 6,406 $ 494,322 Cash surrender value(4) $ 19,531 $ 30,049 $ 9,528 $ 3,842 $ 23,692 $ 12,638 $ 37,769 $ 137,049 Nine Months Ended September 30, 2023 Retirement Strategies Group Insurance Individual Life International Businesses Total Institutional Individual Variable Individual Fixed Life/Disability Variable/Universal Life Life Planner Gibraltar Life and Other ($ in millions) Balance, BOP $ 17,376 $ 17,524 $ 4,643 $ 5,839 $ 26,502 $ 11,168 $ 35,325 $ 118,377 Deposits 4,407 3,444 1,839 811 1,773 1,640 4,274 18,188 Interest credited 509 219 96 124 583 577 531 2,639 Acquisitions and Dispositions 0 0 0 0 0 0 0 0 Policy charges (16) (17) (6) (247) (1,536) (222) (146) (2,190) Surrenders and withdrawals (4,332) (492) (298) (1,217) (1,267) (153) (1,015) (8,774) Benefit payments 0 (58) (58) 0 (119) (203) (1,462) (1,900) Net transfers (to) from separate account 0 22 0 2 1,282 0 0 1,306 Change in market value and other adjustments(1) 0 1,192 82 0 75 21 (7) 1,363 Foreign currency adjustment 0 0 0 0 0 (1,071) (1,291) (2,362) Balance, EOP $ 17,944 $ 21,834 $ 6,298 $ 5,312 $ 27,293 $ 11,757 $ 36,209 $ 126,647 Closed Block Division 4,528 Unearned revenue reserve, unearned expense credit, and additional interest reserve 5,109 Other(2) 4,504 Total Policyholders' account balance $ 140,788 Weighted-average crediting rate 3.85 % 1.48 % 2.33 % 2.97 % 2.89 % 6.72 % 1.98 % 2.87 % Net amount at risk(3) $ 0 $ 0 $ 0 $ 73,260 $ 378,191 $ 17,400 $ 6,274 $ 475,125 Cash surrender value(4) $ 17,944 $ 19,184 $ 5,038 $ 3,966 $ 23,101 $ 10,063 $ 31,144 $ 110,440 __________ (1) Primarily relates to changes in the value of embedded derivative instruments associated with the indexed options of certain products. (2) Includes $5,207 million and $5,621 million of Full Service account balances reinsured to Great-West as of September 30, 2024 and 2023, respectively. (3) The net amount at risk calculation includes both general account and separate account balances. (4) Cash surrender value represents the amount of the contractholder's account balances distributable at the balance sheet date less certain surrender charges. There are no cash surrender charges for the Institutional Retirement Strategies segment. “Policyholders’ account balances” for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”), which totaled $6,061 million and $5,811 million at September 30, 2024 and 2023, respectively. Under this program, which has a maximum authorized amount of $15 billion of medium-term notes and $6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0% to 5.6% and original maturities ranging from two months to seven years. Included in the amounts at September 30, 2024 and 2023 are funding agreements that secure the medium-term note liability, which are carried at amortized cost, of $3,969 million and $3,465 million, respectively, and short-term note liability of $2,127 million and $2,389 million, respectively. “Policyholders’ account balances” for Institutional Retirement Strategies also includes collateralized funding agreements issued to the Federal Home Loan Bank of New York (“FHLBNY”) totaling $2,628 million as of both September 30, 2024 and 2023. These obligations, which are carried at amortized cost, have fixed interest rates that range from 1.925% to 4.510% and original maturities of seven years. The Company issues variable life and universal life insurance contracts which may also include a “no-lapse guarantee” where the Company contractually guarantees to the contractholder a death benefit even when the account value drops to zero, as long as the “no-lapse guarantee” premium is paid. The net amount at risk is generally defined as the current death benefit in excess of the current account balance at the balance sheet date. The Company’s primary risk exposures for these contracts relates to actual deviations from, or changes to, the assumptions used in the original pricing of these products, including contractholder mortality, contract lapses, and premium pattern, as well as interest rate and equity market returns. The Company also issues annuity contracts that provide certain death benefit and/or living benefit guarantees and are accounted for as MRBs. See Note 11 for additional information, including the net amount at risk associated with these guarantees. The balance of account values by range of guaranteed minimum crediting rates and the related range of difference, in basis points (“bps”), between rates being credited to policyholders and the respective guaranteed minimums are as follows: September 30, 2024 Range of Guaranteed Minimum Crediting Rate (1) At guaranteed minimum 1 - 50 bps above guaranteed minimum 51 - 150 bps above guaranteed minimum Greater than 150 bps above guaranteed minimum Total (in millions) Retirement Strategies - Institutional Less than 1.00% $ 400 $ 0 $ 0 $ 0 $ 400 1.00% - 1.99% 1,551 0 0 0 1,551 2.00% - 2.99% 83 0 0 0 83 3.00% - 4.00% 4,715 0 0 0 4,715 Greater than 4.00% 3,201 0 0 0 3,201 Total $ 9,950 $ 0 $ 0 $ 0 $ 9,950 Retirement Strategies - Individual Variable Less than 1.00% $ 324 $ 622 $ 447 $ 0 $ 1,393 1.00% - 1.99% 156 211 3 0 370 2.00% - 2.99% 23 4 4 0 31 3.00% - 4.00% 1,763 5 8 0 1,776 Greater than 4.00% 85 0 0 0 85 Total $ 2,351 $ 842 $ 462 $ 0 $ 3,655 Retirement Strategies - Individual Fixed Less than 1.00% $ 0 $ 3 $ 10 $ 967 $ 980 1.00% - 1.99% 474 82 226 75 857 2.00% - 2.99% 545 463 560 17 1,585 3.00% - 4.00% 1,565 83 10 3 1,661 Greater than 4.00% 85 0 0 0 85 Total $ 2,669 $ 631 $ 806 $ 1,062 $ 5,168 Group Insurance - Life / Disability Less than 1.00% $ 0 $ 0 $ 0 $ 966 $ 966 1.00% - 1.99% 0 0 0 0 0 2.00% - 2.99% 41 0 0 0 41 3.00% - 4.00% 1,432 0 0 63 1,495 Greater than 4.00% 68 0 0 0 68 Total $ 1,541 $ 0 $ 0 $ 1,029 $ 2,570 Individual Life - Variable / Universal Life Less than 1.00% $ 0 $ 0 $ 0 $ 309 $ 309 1.00% - 1.99% 262 0 1,692 1,875 3,829 2.00% - 2.99% 31 1,505 2,834 453 4,823 3.00% - 4.00% 4,244 3,811 1,344 33 9,432 Greater than 4.00% 5,406 0 0 0 5,406 Total $ 9,943 $ 5,316 $ 5,870 $ 2,670 $ 23,799 International Businesses - Life Planner Less than 1.00% $ 315 $ 43 $ 82 $ 2,809 $ 3,249 1.00% - 1.99% 2,904 29 0 0 2,933 2.00% - 2.99% 2,085 0 0 0 2,085 3.00% - 4.00% 380 0 0 0 380 Greater than 4.00% 410 0 0 0 410 Total $ 6,094 $ 72 $ 82 $ 2,809 $ 9,057 International Businesses - Gibraltar Life and Other Less than 1.00% $ 15,688 $ 0 $ 0 $ 0 $ 15,688 1.00% - 1.99% 8,425 54 0 0 8,479 2.00% - 2.99% 2,785 300 31 0 3,116 3.00% - 4.00% 5,962 0 0 0 5,962 Greater than 4.00% 8,001 0 0 0 8,001 Total $ 40,861 $ 354 $ 31 $ 0 $ 41,246 September 30, 2023 Range of Guaranteed Minimum Crediting Rate (1) At guaranteed minimum 1 - 50 bps above guaranteed minimum 51 - 150 bps above guaranteed minimum Greater than 150 bps above guaranteed minimum Total (in millions) Retirement Strategies - Institutional Less than 1.00% $ 400 $ 0 $ 0 $ 0 $ 400 1.00% - 1.99% 1,551 0 0 0 1,551 2.00% - 2.99% 551 0 0 0 551 3.00% - 4.00% 5,312 0 0 0 5,312 Greater than 4.00% 2,150 0 0 0 2,150 Total $ 9,964 $ 0 $ 0 $ 0 $ 9,964 Retirement Strategies - Individual Variable Less than 1.00% $ 944 $ 821 $ 18 $ 0 $ 1,783 1.00% - 1.99% 224 2 1 0 227 2.00% - 2.99% 32 5 3 0 40 3.00% - 4.00% 2,046 8 10 0 2,064 Greater than 4.00% 97 0 0 0 97 Total $ 3,343 $ 836 $ 32 $ 0 $ 4,211 Retirement Strategies - Individual Fixed Less than 1.00% $ 0 $ 0 $ 0 $ 20 $ 20 1.00% - 1.99% 544 129 246 82 1,001 2.00% - 2.99% 535 469 320 12 1,336 3.00% - 4.00% 343 9 0 0 352 Greater than 4.00% 97 0 0 0 97 Total $ 1,519 $ 607 $ 566 $ 114 $ 2,806 Group Insurance - Life / Disability Less than 1.00% $ 0 $ 0 $ 0 $ 1,221 $ 1,221 1.00% - 1.99% 0 0 0 0 0 2.00% - 2.99% 29 0 0 0 29 3.00% - 4.00% 1,565 0 0 0 1,565 Greater than 4.00% 73 0 0 0 73 Total $ 1,667 $ 0 $ 0 $ 1,221 $ 2,888 Individual Life - Variable / Universal Life Less than 1.00% $ 0 $ 0 $ 0 $ 408 $ 408 1.00% - 1.99% 185 0 2,528 884 3,597 2.00% - 2.99% 29 1,418 2,940 349 4,736 3.00% - 4.00% 4,478 4,189 1,315 14 9,996 Greater than 4.00% 5,533 0 0 0 5,533 Total $ 10,225 $ 5,607 $ 6,783 $ 1,655 $ 24,270 International Businesses - Life Planner Less than 1.00% $ 320 $ 42 $ 90 $ 1,440 $ 1,892 1.00% - 1.99% 2,815 25 0 0 2,840 2.00% - 2.99% 2,013 0 0 0 2,013 3.00% - 4.00% 335 0 0 0 335 Greater than 4.00% 380 0 0 0 380 Total $ 5,863 $ 67 $ 90 $ 1,440 $ 7,460 International Businesses - Gibraltar Life and Other Less than 1.00% $ 15,671 $ 0 $ 0 $ 0 $ 15,671 1.00% - 1.99% 8,864 0 0 0 8,864 2.00% - 2.99% 3,153 310 38 0 3,501 3.00% - 4.00% 4,145 0 0 0 4,145 Greater than 4.00% 3,873 0 0 0 3,873 Total $ 35,706 $ 310 $ 38 $ 0 $ 36,054 ____________ (1) Excludes contracts without minimum guaranteed crediting rates, such as funds with indexed-linked crediting options and Japan variable products. Unearned Revenue Reserve (“URR”) The balance of and changes in URR as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 4,613 $ 359 $ 95 $ 5,067 Unearned revenue 653 107 15 775 Amortization expense (179) (12) (4) (195) Other adjustments 0 (56) (1) (57) FX adjustment 0 1 0 1 Balance, EOP 5,087 399 105 5,591 Less: Reinsurance recoverables 409 0 0 409 Balance after reinsurance recoverables, EOP $ 4,678 $ 399 $ 105 $ 5,182 Other businesses 56 Total balance after reinsurance recoverables, EOP $ 5,238 Nine Months Ended September 30, 2023 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 3,983 $ 231 $ 81 $ 4,295 Unearned revenue 622 100 16 738 Amortization expense (154) (7) (4) (165) Other adjustments 0 2 0 2 FX adjustment 0 (22) (5) (27) Balance, EOP 4,451 304 88 4,843 Less: Reinsurance recoverables 0 0 0 0 Balance after reinsurance recoverables, EOP $ 4,451 $ 304 $ 88 $ 4,843 Other businesses 50 Total balance after reinsurance recoverables, EOP $ 4,893 The following table shows a rollforward of MRB balances for variable annuity products within Individual Retirement Strategies, which is the only line of business that contains a material MRB balance, along with a reconciliation to the Company’s total net MRB positions as of the following dates: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 4,038 $ 4,987 Effect of cumulative changes in NPR 1,137 1,828 Balance, BOP, before effect of changes in NPR 5,175 6,815 Attributed fees collected 850 899 Claims paid (61) (83) Interest accrual 187 255 Actual in force different from expected 16 54 Effect of changes in interest rates 54 (2,986) Effect of changes in equity markets (1,712) (995) Effect of assumption update 93 342 Issuances 52 15 Other adjustments 14 (24) Balance, EOP, before effect of changes in NPR 4,668 4,292 Effect of cumulative changes in NPR (996) (1,301) Balance, EOP 3,672 2,991 Less: Reinsured MRBs 681 610 Balance, EOP, net of reinsurance 2,991 2,381 Other businesses 53 79 Total net MRB balance $ 3,044 $ 2,460 In both 2024 and 2023, the Company recognized an unfavorable impact to net income attributable to the actuarial assumption update for direct and assumed MRBs, primarily due to updates to policyholder behavior assumptions on certain variable annuities. The Company issues certain variable annuity insurance contracts where the Company contractually guarantees to the contractholder a return of no less than (1) total depos

Reinsurance

Reinsurance	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Reinsurance	REINSURANCE The Company participates in reinsurance with third parties primarily to provide additional capacity for future growth, limit the maximum net loss potential arising from large risks and acquire or dispose of businesses. Effective January 2024, the Company entered into an agreement with Somerset Reinsurance Ltd. (“Somerset Re”) to reinsure certain guaranteed universal life policies issued by Pruco Life Insurance Company (“Pruco Life”) and Pruco Life Insurance Company of New Jersey (“PLNJ”), both of which are wholly-owned subsidiaries of Prudential Financial. These policies represent approximately 30% of the Company’s statutory reserves on its in-force guaranteed universal life block of business as of December 31, 2023. This transaction is structured on a modified coinsurance basis and follows reinsurance accounting. As a result of the transaction, the Company recognized a $363 million deferred reinsurance gain that will be amortized into income over the estimated remaining life of the reinsured policies. The reinsurance payables, which represent the Company’s obligations under the modified coinsurance arrangement, are netted with the reinsurance recoverables in the Unaudited Interim Consolidated Statements of Financial Position. Separately, effective September 2019, Prudential Annuities Life Assurance Corporation (“PALAC”), a previously wholly-owned subsidiary of Prudential Financial, entered into an agreement with Somerset Re, to coinsure business, on a quota share funds withheld basis, related to fixed indexed annuities. This agreement was subsequently novated from PALAC to Pruco Life effective October 2021, in connection with the sale of PALAC effective April 2022. Under this reinsurance agreement, which is accounted for under the deposit method of accounting, the Company cedes to Somerset Re its quota share of the insurance liabilities with respect to the reinsured contracts. The deposit receivables were $2,523 million and $1,619 million as of September 30, 2024 and December 31, 2023, respectively, and the funds withheld liabilities were $2,425 million and $1,518 million as of September 30, 2024 and December 31, 2023, respectively. Effective September 2023, the Company entered into an agreement with Prismic Re to reinsure approximately $9 billion of reserves, representing approximately 70% of the in-force structured settlement annuities business previously issued by PICA, 90% of which is on a coinsurance with funds withheld basis and 10% of which is on a coinsurance basis. The reinsurance of the structured settlement annuities that provide periodic payments for the lifetime of the annuitant follows reinsurance accounting. The reinsurance of structured settlement annuities that provide payments for a guaranteed period of time and do not include life contingency risk follows deposit accounting. As a result of the transaction, the Company recognized a $240 million deferred reinsurance loss that will be amortized into income over the estimated remaining life of the reinsured contracts. Effective April 2023, the Company entered into an agreement with The Ohio National Life Insurance Company, now known as AuguStar, an affiliate of Constellation Insurance Holdings, Inc., to reinsure approximately $10 billion of account values of PDI traditional variable annuity contracts with guaranteed living benefits issued by Pruco Life, a wholly-owned subsidiary of Prudential Financial. This block represents approximately 10% of the Company’s remaining legacy in-force traditional variable annuity block by account value. The Company ceded 100% of separate account liabilities under modified coinsurance and 100% of general account liabilities under coinsurance of its Pruco Life issued PDI traditional variable annuity contracts. The general account liabilities associated with PDI’s guaranteed living and death benefits and the corresponding reinsurance of those liabilities are accounted for as market risk benefits. As a result of the transaction, the Company recognized a $309 million deferred reinsurance gain that will be amortized into income over the estimated remaining life of the reinsured policies. Effective April 2022, in connection with the sale of the Full Service Retirement business, the Company entered into separate agreements with external counterparties, Great-West and Great-West Life & Annuity Insurance Company of New York, now known as Empower Annuity Insurance Company of America and Empower Life & Annuity Insurance Company of New York, respectively, to reinsure a portion of its Full Service Retirement business. The Company ceded 100% of separate account liabilities under modified coinsurance and 100% of general account liabilities under coinsurance of its Full Service Retirement business. The Company’s Full Service Retirement business consists of market value and stable value separate accounts as well as general account products, including stable value accumulation funds and a stable value wrap product known as a synthetic guaranteed investment contract. The majority of these products are considered investment contracts as they do not contain significant insurance risk; therefore, the reinsurance of such products are accounted for under the deposit method of accounting. The reinsurance agreement offers the policyholders the opportunity to novate their contracts from the Company to Empower and any such novated contracts shall cease to be reinsured under this agreement. Effective April 2022, in connection with the sale of the PALAC legal entity, now known as Fortitude Life Insurance and Annuity Company (“FLIAC”), the Company entered into a reinsurance agreement with FLIAC under which the Company assumed all of FLIAC’s indexed variable annuities under modified coinsurance. The reinsurance of the indexed variable annuities transfers all significant risks, including mortality risk, embedded in the reinsured contracts. As a result of the agreement, reinsurance recoverables includes the assumed modified coinsurance receivable, which reflects the value of the invested assets retained by FLIAC and the associated asset returns. The Company also assumed via coinsurance all of FLIAC’s fixed indexed annuities with a guaranteed lifetime withdrawal income feature, which are accounted for under the deposit method of accounting. The reinsurance agreement offers the policyholders the opportunity to novate their contracts from FLIAC to the Company and any such novated contracts shall cease to be reinsured under this agreement. Effective April 2015, the Company entered into an agreement with Union Hamilton Reinsurance, Ltd. (“Union Hamilton”) an external counterparty, to reinsure approximately 50% of the Prudential Premier® Retirement Variable Annuity with Highest Daily Lifetime Income (“HDI”) v.3.0 business, a guaranteed benefit feature. This reinsurance agreement covered most new HDI v.3.0 variable annuity business issued between April 1, 2015 and December 31, 2016 on a quota share basis, with Union Hamilton’s cumulative quota share amounting to $2.9 billion of new rider premiums as of December 31, 2016. Reinsurance on business subject to this agreement remains in force for the duration of the underlying annuity contracts. New sales subsequent to December 31, 2016 are not covered by this external reinsurance agreement. This reinsurance agreement is accounted for as market risk benefits. In January 2013, the Company acquired the Hartford Life Business through reinsurance transactions with three subsidiaries of Hartford Financial Services Group, Inc. (“Hartford Financial”). Under the related agreements, the Company provided reinsurance for approximately 700,000 life insurance policies with net retained face amount in force of approximately $141 billion. The Company acquired the general account business through a coinsurance arrangement and, for certain types of general account policies, a modified coinsurance arrangement. The Company acquired the separate account business through a modified coinsurance arrangement. In May 2018, Hartford Financial sold a group of operating subsidiaries, which included two of the Company’s counterparties to these reinsurance arrangements, to Talcott Resolution Life Insurance Company (“Talcott Resolution”). Talcott Resolution was acquired by Sixth Street in July 2021. There was no impact to the terms, rights or obligations of the Company, or operation of these reinsurance arrangements, as a result of these changes in control of such counterparties. Since 2011, the Company has entered into a number of reinsurance agreements to assume pension liabilities in the United Kingdom. Under these arrangements, the Company assumes the longevity risk, and in some arrangements, also the investment risk associated with the pension benefits of certain specified beneficiaries. In 2006, the Company acquired the variable annuity business of The Allstate Corporation (“Allstate”) through a reinsurance transaction. The reinsurance arrangements with Allstate include a coinsurance arrangement associated with the general account liabilities assumed and a modified coinsurance arrangement associated with the separate account liabilities assumed. The reinsurance payables, which represent the Company’s obligations under the modified coinsurance arrangement, are netted with the reinsurance recoverables in the Unaudited Interim Consolidated Statements of Financial Position. During the fourth quarter of 2021, Allstate sold the two counterparties to the aforementioned variable annuity reinsurance transaction to third parties. There was no impact to the terms, rights or obligations of the Company, or operation of these reinsurance arrangements, as a result of this change in control of such counterparties. For the domestic business, life and disability reinsurance is accomplished through various plans of reinsurance, primarily yearly renewable term, per person excess, excess of loss, and coinsurance. On policies sold since 2000, the Company has reinsured a significant portion of the individual life mortality risk. Placement of reinsurance is accomplished primarily on an automatic basis with some specific risks reinsured on a facultative basis. The Company is authorized and has historically retained up to $30 million per life, but reduced its operating retention limit to $20 million per life in 2013 and then down to $10 million per life for new business starting in 2020. Retention in excess of the operating limit is on an exception basis. The international business primarily uses reinsurance to obtain experience with respect to certain new product offerings and to a lesser extent, to mitigate mortality risk for certain protection products and for capital management purposes. Reinsurance amounts included in the Unaudited Interim Consolidated Statements of Operations for “Premiums,” “Policy charges and fee income,” “Change in value of market risk benefits, net of related hedging gains (losses),” “Policyholders’ benefits” and “Change in estimates of liability for future policy benefits,” are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Direct premiums $ 11,983 $ 8,435 $ 33,656 $ 23,424 Reinsurance assumed 1,656 1,145 4,652 3,567 Reinsurance ceded (594) (5,407) (1,906) (6,546) Premiums $ 13,045 $ 4,173 $ 36,402 $ 20,445 Direct policy charges and fee income $ 1,663 $ 969 $ 3,476 $ 2,862 Reinsurance assumed 295 308 894 923 Reinsurance ceded (847) (165) (1,118) (466) Policy charges and fee income $ 1,111 $ 1,112 $ 3,252 $ 3,319 Direct change in value of market risk benefits, net of related hedging gains (losses) $ (130) $ (245) $ (319) $ (157) Reinsurance assumed (21) 65 58 148 Reinsurance ceded 5 (71) (59) (151) Change in value of market risk benefits, net of related hedging gains (losses) $ (146) $ (251) $ (320) $ (160) Direct policyholders’ benefits $ 13,023 $ 9,303 $ 36,849 $ 25,161 Reinsurance assumed 2,007 1,596 5,788 5,383 Reinsurance ceded (1,003) (5,736) (3,152) (7,416) Policyholders’ benefits $ 14,027 $ 5,163 $ 39,485 $ 23,128 Direct change in estimates of liability for future policy benefits $ 251 $ (103) $ 184 $ 326 Reinsurance assumed 19 (1) 77 (147) Reinsurance ceded (90) 55 (274) 52 Change in estimates of liability for future policy benefits $ 180 $ (49) $ (13) $ 231 Reinsurance recoverables are as follows: September 30, 2024 December 31, 2023 (in millions) Individual and group annuities(1) $ 7,415 $ 7,516 Life insurance(2) 10,763 8,806 Other reinsurance 413 415 Total reinsurance recoverables(3)(4) $ 18,591 $ 16,737 __________ (1) Primarily represents $5,930 million and $5,981 million of reinsurance recoverables as of September 30, 2024 and December 31, 2023, respectively, established under the reinsurance agreement with Prismic Re under which the Company reinsured a portion of its in-force structured settlement annuities business. The Company has also recorded a funds withheld payable related to the reinsurance agreement with Prismic Re of $8,480 million and $8,543 million as of September 30, 2024 and December 31, 2023, respectively. Also includes reinsurance recoverables representing the modified coinsurance receivable established under the reinsurance agreement with FLIAC in which the Company assumed all of FLIAC’s indexed variable annuities of $1,441 million and $1,485 million as of September 30, 2024 and December 31, 2023, respectively. (2) Includes reinsurance recoverables established under the reinsurance arrangements associated with the acquisition of the Hartford Life Business of $2,085 million and $2,090 million as of September 30, 2024 and December 31, 2023, respectively. The Company has also recorded reinsurance payables related to the Hartford Life Business acquisition of $1,397 million and $1,396 million as of September 30, 2024 and December 31, 2023, respectively. Also includes net reinsurance recoverables of $818 million as of September 30, 2024 for the modified coinsurance receivable established under the reinsurance agreement with Somerset Re in which the Company reinsured a portion of its in-force guaranteed universal life block of business. (3) Net of $(11) million and $(12) million of allowance for credit losses as of September 30, 2024 and December 31, 2023, respectively. (4) Excludes deposit receivables of arrangements that are accounted for under the deposit method of accounting of $11,042 million and $10,574 million as of September 30, 2024 and December 31, 2023, respectively. Deposit receivables related to the reinsurance agreement with Prismic Re were $3,593 million and $3,771 million as of September 30, 2024 and December 31, 2023, respectively. Excluding the reinsurance recoverables associated with the acquisition of the Hartford Life Business, four major reinsurance companies account for approximately 63% of the Company’s reinsurance recoverables as of September 30, 2024. The Company periodically reviews the financial condition of its reinsurers, amounts recoverable therefrom, and unearned reinsurance premium, in order to reduce its exposure to loss from reinsurer insolvencies. Any expected credit losses are reflected in the current expected credit loss (“CECL”) allowance, after considering any collateral the Company obtained in the form of a trust, letter of credit, or funds withheld arrangement. See Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 for additional details regarding CECL. Under the Company’s international longevity reinsurance transactions, the Company obtains collateral from its counterparties to mitigate counterparty default risk.

Closed Block

Closed Block	9 Months Ended
	Sep. 30, 2024
Closed Block Disclosure [Abstract]
Closed Block	CLOSED BLOCK On December 18, 2001, the date of demutualization, The Prudential Insurance Company of America (“PICA”) established a closed block for certain in-force participating insurance policies and annuity products, along with corresponding assets used for the payment of benefits and policyholders’ dividends on these products, (collectively the “Closed Block”), and ceased offering these participating products. The recorded assets and liabilities were allocated to the Closed Block at their historical carrying amounts. The Closed Block forms the principal component of the Closed Block division. For additional information regarding the Closed Block, see Note 16 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. As of September 30, 2024 and December 31, 2023, the Company recognized a policyholder dividend obligation of $2,470 million and $2,873 million, respectively, to Closed Block policyholders for the excess of actual cumulative earnings over expected cumulative earnings. Additionally, accumulated net unrealized investment gains (losses) were reflected as a policyholder dividend obligation of $(1,067) million and $(2,081) million at September 30, 2024 and December 31, 2023, respectively, with a corresponding amount reported in AOCI. As of September 30, 2024, the Closed Block has sufficient funds to make guaranteed policy benefit payments and there is no expectation that assets outside of the Closed Block will be needed to fund future payments. The excess of Closed Block liabilities over Closed Block assets as of the end of the reporting period shown in the table below is a reasonable measure of the margin in the reported liabilities compared to best estimate liabilities assuming the current dividend scale. Closed Block liabilities and assets designated to the Closed Block, as well as maximum future earnings to be recognized from these liabilities and assets, are as follows: September 30, December 31, (in millions) Closed Block liabilities Future policy benefits $ 42,683 $ 43,587 Policyholders’ dividends payable 661 648 Policyholders’ dividend obligation 1,403 792 Policyholders’ account balances 4,391 4,500 Other Closed Block liabilities 3,790 3,605 Total Closed Block liabilities 52,928 53,132 Closed Block assets Fixed maturities, available-for-sale, at fair value 30,322 30,314 Fixed maturities, trading, at fair value 726 887 Equity securities, at fair value 1,824 1,970 Commercial mortgage and other loans 7,819 7,769 Policy loans 3,388 3,479 Other invested assets 4,710 4,513 Short-term investments 558 232 Total investments 49,347 49,164 Cash and cash equivalents 450 993 Accrued investment income 434 421 Other Closed Block assets 340 138 Total Closed Block assets 50,571 50,716 Excess of reported Closed Block liabilities over Closed Block assets 2,357 2,416 Portion of above representing accumulated other comprehensive income (loss): Net unrealized investment gains (losses) (1,229) (2,241) Allocated to policyholder dividend obligation 1,067 2,081 Future earnings to be recognized from Closed Block assets and Closed Block liabilities $ 2,195 $ 2,256 Information regarding the policyholder dividend obligation is as follows: Nine Months Ended (in millions) Balance, December 31, 2023 $ 792 Impact from earnings allocable to policyholder dividend obligation (403) Change in net unrealized investment gains (losses) allocated to policyholder dividend obligation 1,014 Balance, September 30, 2024 $ 1,403 Closed Block revenues and benefits and expenses are as follows for the periods indicated: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Revenues Premiums $ 392 $ 392 $ 1,234 $ 1,228 Net investment income 502 508 1,521 1,485 Realized investment gains (losses), net (232) (231) (531) (361) Other income (loss) 153 (58) 360 182 Total Closed Block revenues 815 611 2,584 2,534 Benefits and Expenses Policyholders’ benefits 535 534 1,723 1,716 Interest credited to policyholders’ account balances 29 30 88 89 Dividends to policyholders 177 (20) 614 574 General and administrative expenses 67 68 201 212 Total Closed Block benefits and expenses 808 612 2,626 2,591 Closed Block revenues, net of Closed Block benefits and expenses, before income taxes 7 (1) (42) (57) Income tax expense (benefit) (13) (23) (100) (109) Closed Block revenues, net of Closed Block benefits and expenses and income taxes $ 20 $ 22 $ 58 $ 52

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company uses a full-year projected effective tax rate approach to calculate year-to-date taxes. The projected effective tax rate is the ratio of projected “Total income tax expense” divided by projected “Income before income taxes and equity in earnings of joint ventures and other operating entities.” In addition, certain items impacting total income tax expense are recorded in the periods in which they occur. In determining the year-to-date income tax provision, the Company considers the realizability of deferred tax assets, including those associated with unrealized investment losses, and has determined based upon the weight of available evidence that no valuation allowance is necessary related to unrealized investment losses. Taxes attributable to joint ventures and other operating entities are recorded within “Equity in earnings of joint ventures and other operating entities, net of taxes.” The interim period tax expense (or benefit) is the difference between the year-to-date income tax provision and the amounts reported for the previous interim periods of the fiscal year. The Company’s income tax provision, on a consolidated basis, amounted to an income tax expense of $693 million, or 20.6% of income (loss) before income taxes and equity in earnings of joint ventures and other operating entities, in the first nine months of 2024, compared to an income tax expense of $254 million, or 18.0%, in the first nine months of 2023. The Company’s current and prior effective tax rates differ from the U.S. statutory rate of 21% primarily due to non-taxable investment income, tax credits, foreign earnings taxed at higher rates than the U.S. statutory rate, and the items discussed below. Foreign Tax Credit Regulations. The Treasury Department and the IRS published Final Regulations in the Federal Register (Treasury Decision 9959) on January 4, 2022, which affect the creditability of certain foreign taxes for U.S. federal income tax purposes. The Final Regulations created uncertainty as to whether a U.S. foreign tax credit could be claimed for taxes paid to Brazil. The ability to claim a foreign tax credit for taxes paid to Brazil impacted the benefit of the election made pursuant to Internal Revenue Code Section 952 to subject earnings from the Company’s insurance operations in Brazil to tax in the U.S. in the tax year earned, net of related foreign tax credits. On August 7, 2023, the IRS issued Notice 2023-55 which provided temporary relief to taxpayers in determining whether a foreign tax is eligible for a U.S. foreign tax credit for tax years 2022 and 2023. Subsequently, on December 11, 2023 the IRS issued Notice 2023-80 which extended that relief to taxable years ending before the date that a notice or other guidance withdrawing or modifying the temporary relief is issued and abolished certain changes that the Final Regulations had made to the credibility of a tax paid in lieu of a generally imposed foreign income tax. As a result of this guidance, the Company claimed a U.S. foreign tax credit for taxes paid to Brazil for its 2023 tax year and will be able to claim a U.S. foreign tax credit for taxes paid to Brazil in 2024. GILTI High Tax Exclusion. The GILTI provision applies a minimum U.S. tax to earnings of consolidated foreign subsidiaries in excess of a 10% deemed return on tangible assets of foreign subsidiaries by imposing the U.S. tax rate to 50% of earnings of such foreign affiliates and provides for a partial foreign tax credit for foreign income taxes. In years that the PFI consolidated federal income tax return reports a net operating loss or has a loss attributable to U.S. sources of operations, including as a result of loss carrybacks, the GILTI provision would limit the amount of deductions or credits permissible against GILTI. On July 20, 2020, the U.S. Treasury and the Internal Revenue Service issued Final Regulations (Treasury Decision 9902) pursuant to Internal Revenue Code Section 951A which allows an annual election to exclude from the U.S. tax return certain Global Intangible Low-Taxed Income (“GILTI”) amounts when the taxes paid by a foreign affiliate exceed 18.9% (90% of U.S. statutory rate of 21%) of the GILTI amount for that foreign affiliate (the “high-tax exception”). These regulations are effective for the 2021 taxable year with an election to apply to any taxable year beginning after 2017. In many of the countries in which the Company operates, including Japan and Brazil, there are differences between local tax rules used to determine the tax base and the U.S. tax principles used to determine GILTI. Also, the Company’s Japan affiliates have a different tax year than the U.S. calendar tax year used to determine GILTI; therefore, while many of the countries, including Japan, have a statutory tax rate above the 18.9% threshold, separate affiliates may not meet the 18.9% threshold each year and, as such, may not qualify for this annual exclusion. The Company made the high-tax exception election for the 2023 tax year and anticipates making the high-tax exception election for the 2024 tax year for its foreign affiliates that meet the 18.9% threshold. The Company reflected the impact of the election in its full year projected effective tax rate used to calculate year-to-date taxes for the first nine months of 2023 and 2024, respectively. Inflation Reduction Act. On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (the “Inflation Reduction Act”), (House of Representatives, 5376). One of the most significant provisions of the Inflation Reduction Act is a 15% corporate alternative minimum tax (“CAMT”) based on the Company’s GAAP income, with certain adjustments. This provision, which is applicable only to companies with average applicable financial statement income in excess of $1 billion for any three-year period ending in 2022 or later, is effective in taxable years beginning after December 31, 2022. The impact of the book-income alternative minimum tax, if any, will vary from year to year based on the relationship of the Company’s GAAP income to the Company’s taxable income. Any tax paid pursuant to this provision is available as a tax credit in future years when the Company’s tax rate exceeds the 15% minimum tax threshold. The Company became subject to CAMT beginning in 2023 which may or may not result in a CAMT cash tax liability and will have no impact to the full year effective tax rate. Tax Audit and Unrecognized Tax Benefits . It is possible the Company will make a payment within the next 12 months of approximately $86 million related to unrecognized tax benefits for prior audit cycles, including an amount attributable to the Section 952 election for tax years 2017 through 2022, as the Company pursues resolution of the Section 952 matter. The payment will have no impact on the effective tax rate. The Company cannot predict with reasonable accuracy whether there will be any significant changes within the next twelve months to its total unrecognized tax benefits related to tax years for which the statute of limitations has not expired.

Short-Term and Long-Term Debt

Short-Term and Long-Term Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Short-Term and Long-Term Debt	SHORT-TERM AND LONG-TERM DEBT Short-term Debt The table below presents the Company’s short-term debt as of the dates indicated: September 30, 2024 December 31, 2023 ($ in millions) Commercial paper: Prudential Financial $ 25 $ 25 Prudential Funding, LLC 494 510 Subtotal commercial paper 519 535 Current portion of long-term debt: Surplus notes 347 0 Mortgage debt 84 83 Surplus notes subject to set-off arrangements(1) 1,750 2,000 Subtotal current portion of long-term debt 2,181 2,083 Subtotal 2,700 2,618 Less: assets under set-off arrangements(1) 1,750 2,000 Total short-term debt(2) $ 950 $ 618 Supplemental short-term debt information: Portion of commercial paper borrowings due overnight $ 95 $ 110 Daily average commercial paper outstanding for the quarter ended $ 1,671 $ 1,334 Weighted average maturity of outstanding commercial paper, in days 43 49 Weighted average interest rate on outstanding commercial paper 4.96 % 5.50 % _________ (1) The surplus notes have corresponding assets where rights to set-off exist, thereby reducing the amount of surplus notes included in short-term debt. (2) Includes Prudential Financial debt of $25 million at both September 30, 2024 and December 31, 2023. Prudential Financial and certain subsidiaries have access to external sources of liquidity, including membership in the FHLBNY, a funding agreement facility with the Federal Agricultural Mortgage Company (“Farmer Mac”), commercial paper programs and contingent financing facilities in the f orm of facility agreements. The Company also maintains syndicated, unsecured committed credit facilities as an alternative source of l iquidity. At September 30, 2024, no amounts were drawn on these syndicated, unsecured committed credit facilities. For additional information regarding these sources of liquidity, see Note 18 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Long-term Debt The table below presents the Company’s long-term debt as of the dates indicated: September 30, 2024 December 31, 2023 (in millions) Fixed-rate obligations: Surplus notes $ 0 $ 346 Surplus notes subject to set-off arrangements(1)(2) 11,796 9,790 Senior notes 10,165 10,112 Mortgage debt(3) 34 0 Floating-rate obligations: Line of credit 255 255 Surplus notes subject to set-off arrangements(1) 580 580 Mortgage debt(3) 33 75 Junior subordinated notes(4) 8,589 8,094 Subtotal 31,452 29,252 Less: assets under set-off arrangements(1) 12,376 10,370 Total long-term debt(5) $ 19,076 $ 18,882 __________ (1) The surplus notes have corresponding assets where rights to set-off exist, thereby reducing the amount of surplus notes included in long-term debt. (2) Amount includes $6.8 billion of surplus notes used to finance Guideline AXXX reserves for business reinsured to Somerset Re in March 2024. See Note 12 for additional information. (3) Includes $67 million and $27 million of debt denominated in foreign currency at September 30, 2024 and December 31, 2023, respectively. (4) Includes Prudential Financial debt of $8,546 million and $8,050 million at September 30, 2024, and December 31, 2023, respectively. Also includes subsidiary debt of $43 million and $44 million denominated in foreign currency at September 30, 2024, and December 31, 2023, respectively. (5) Includes Prudential Financial debt of $18,711 million and $18,162 million at September 30, 2024 and December 31, 2023, respectively. At September 30, 2024 and December 31, 2023, the Company was in compliance with all debt covenants related to the borrowings in the table above. Senior Notes In August 2024, the Company recommenced sales of InterNotes® Retail Notes under its shelf registration statement. These new notes will support the Company’s Institutional Retirement Strategies business through the purchase of funding agreements on which the segment will earn investment spread. As of September 30, 2024, the outstanding balance of the InterNotes® Retail Notes program, inclusive of notes that were issued in previous years, was $294 million, of which $55 million was utilized for Institutional Retirement Strategies, as described above. Junior Subordinated Notes In March 2024, the Company issued $1.0 billion in aggregate principal amount of 6.50% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due in March 2054, and also redeemed, in full, $0.5 billion in aggregate principal amount of 5.20% Fixed-to-Floating Rate Junior Subordinated Notes due in 2044. Credit Facility Extensions In July 2024, the Company amended and restated its $4.0 billion five-year credit facility that has both Prudential Financial and Prudential Funding as borrowers and a syndicate of financial institutions as lenders, extending the term of the facility to July 2029. Borrowings under the credit facility may be used for general corporate purposes, and the Company expects that it may borrow under the facility from time to time to fund its working capital needs and those of its subsidiaries. In addition, amounts under the credit facility may be drawn in the form of standby letters of credit that can be used to meet the operating needs of the Company and its subsidiaries. The credit facility contains customary representations and warranties, covenants and events of default, and borrowings are not contingent on the borrowers’ credit ratings nor subject to material adverse change clauses. Borrowings under the facility are conditioned on the continued satisfaction of customary conditions, including the Company’s maintenance of consolidated net worth of at least $22.1 billion, which is calculated as U.S. GAAP equity, excluding AOCI, equity of noncontrolling interests, equity attributable to the Closed Block, and certain adjustments related to the Company’s adoption of Accounting Standards Update 2018-12, Financial Services - Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts. In September 2024, the Company refinanced its ¥100 billion five-year credit facility, on which Prudential Holdings of Japan, Inc. (“PHJ”) is a borrower, extending the term of the facility to September 2029. This facility contains customary representations and warranties, covenants and events of default, and borrowings are not contingent on the borrower’s credit ratings nor subject to material adverse change clauses. Borrowings under this credit facility may be used for general corporate purposes. As of September 30, 2024, the Company was in compliance with the covenants under each of these credit facilities.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS Pension and Other Postretirement Plans The Company has funded and non-funded non-contributory defined benefit pension plans (“Pension Benefits”), which cover substantially all of its employees. For some employees, benefits are based on final average earnings and length of service (the “traditional formula”), while benefits for other employees are based on an account balance that takes into consideration age, length of service and earnings during their career (the “cash balance formula”). The Company provides certain health care and life insurance benefits for its retired employees, their beneficiaries and covered dependents (“Other Postretirement Benefits”). The health care plan is contributory; the life insurance plan is non-contributory. Substantially all of the Company’s U.S. employees may become eligible to receive certain other postretirement benefits if they retire after age 55 with at least 10 years of service or under certain circumstances after age 50 with at least 20 years of continuous service. Net periodic (benefit) cost included in “General and administrative expenses” includes the following components: Three Months Ended September 30, Pension Benefits Other Postretirement Benefits 2024 2023 2024 2023 (in millions) Components of net periodic (benefit) cost: Service cost $ 52 $ 51 $ 1 $ 2 Interest cost 135 138 12 17 Expected return on plan assets (238) (231) (19) (21) Amortization of prior service cost 0 (1) (16) (2) Amortization of actuarial (gain) loss, net 22 17 2 3 Settlements 1 1 0 0 Special termination benefits 0 0 0 0 Net periodic (benefit) cost $ (28) $ (25) $ (20) $ (1) Nine Months Ended September 30, Pension Benefits Other Postretirement Benefits 2024 2023 2024 2023 (in millions) Components of net periodic (benefit) cost: Service cost $ 155 $ 154 $ 5 $ 7 Interest cost 405 414 38 53 Expected return on plan assets (715) (694) (57) (64) Amortization of prior service cost (1) (1) (50) (6) Amortization of actuarial (gain) loss, net 67 51 6 8 Settlements 2 2 0 0 Special termination benefits 1 0 0 0 Net periodic (benefit) cost $ (86) $ (74) $ (58) $ (2)

Equity

Equity	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Equity	EQUITY The changes in the number of shares of Common Stock issued, held in treasury and outstanding, are as follows for the periods indicated: Common Stock Issued Held In Outstanding (in millions) Balance, December 31, 2023 666.3 307.1 359.2 Common Stock issued 0.0 0.0 0.0 Common Stock acquired 0.0 6.6 (6.6) Stock-based compensation programs(1) 0.0 (3.3) 3.3 Balance, September 30, 2024 666.3 310.4 355.9 __________ (1) Represents net shares issued from treasury pursuant to the Company’s stock-based compensation programs. In December 2023, Prudential Financial’s Board of Directors (the “Board”) authorized the Company to repurchase at management’s discretion up to $1.0 billion of its outstanding Common Stock during the period from January 1, 2024 through December 31, 2024. As of September 30, 2024, 6.6 million shares of the Company’s Common Stock were repurchased under this authorization at a total cost of $750 million. The timing and amount of share repurchases are determined by management based upon market conditions and other considerations, and repurchases may be executed in the open market, through derivative, accelerated repurchase and other negotiated transactions and through prearranged trading plans complying with Rule 10b5-1(c) under the Securities Exchange Act of 1934 (the “Exchange Act”). Numerous factors could affect the timing and amount of any future repurchases under the share repurchase authorization, including, but not limited to: compliance with laws, increased capital needs of the Company due to changes in regulatory capital requirements, opportunities for growth and acquisitions, and the effect of adverse market conditions. Dividends declared per share of Common Stock are as follows for the periods indicated: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Dividends declared per share of Common Stock $ 1.30 $ 1.25 $ 3.90 $ 3.75 Accumulated Other Comprehensive Income (Loss) AOCI represents the cumulative OCI items that are reported separate from net income and detailed on the Unaudited Interim Consolidated Statements of Comprehensive Income. The balance of and changes in each component of AOCI as of and for the nine months ended September 30, 2024 and 2023, are as follows: Accumulated Other Comprehensive Income (Loss) Attributable to Foreign Net Unrealized Interest rate remeasurement of Liability for Future Policy Benefits Gains (Losses) from Changes in Non-performance Risk on Market Risk Benefits Pension and Total (in millions) Balance, December 31, 2023 $ (2,686) $ (11,213) $ 8,547 $ 900 $ (2,052) $ (6,504) Change in OCI before reclassifications 31 (1,440) 2,224 (142) 3 676 Amounts reclassified from AOCI (34) 1,428 0 0 22 1,416 Income tax benefit (expense) 25 328 (780) 30 (35) (432) Balance, September 30, 2024 $ (2,664) $ (10,897) $ 9,991 $ 788 $ (2,062) $ (4,844) Accumulated Other Comprehensive Income (Loss) Attributable to Foreign Net Unrealized Interest rate remeasurement of Liability for Future Policy Benefits Gains (Losses) from Changes in Non-performance Risk on Market Risk Benefits Pension and Total (in millions) Balance, December 31, 2022 $ (2,274) $ (16,194) $ 15,242 $ 1,448 $ (2,028) $ (3,806) Change in OCI before reclassifications (650) (10,094) 5,529 (528) 15 (5,728) Amounts reclassified from AOCI 1 615 0 0 52 668 Income tax benefit (expense) (93) 2,213 (1,177) 111 (19) 1,035 Balance, September 30, 2023 $ (3,016) $ (23,460) $ 19,594 $ 1,031 $ (1,980) $ (7,831) __________ (1) Includes cash flow hedges of $694 million and $869 million as of September 30, 2024 and December 31, 2023, respectively, and $1,947 million and $2,616 million as of September 30, 2023 and December 31, 2022, respectively, and fair value hedges of $(164) million and $(60) million as of September 30, 2024 and December 31, 2023, respectively, and $(18) million and $(54) million as of September 30, 2023 and December 31, 2022, respectively. Reclassifications out of Accumulated Other Comprehensive Income (Loss) Three Months Ended Nine Months Ended Affected line item in Unaudited Interim Consolidated Statements of Operations 2024 2023 2024 2023 (in millions) Amounts reclassified from AOCI(1)(2): Foreign currency translation adjustment: Foreign currency translation adjustments $ 14 $ 0 $ 34 $ (1) Realized investment gains (losses), net Net unrealized investment gains (losses): Cash flow hedges—Interest rate (5) (3) (25) (32) (3) Cash flow hedges—Currency (1) 3 3 11 (3) Cash flow hedges—Currency/Interest rate (117) 221 154 286 (3) Fair value hedges—Currency (2) (2) (7) (6) (3) Net unrealized investment gains (losses) on available-for-sale securities (836) (453) (1,553) (874) Realized investment gains (losses), net Total net unrealized investment gains (losses) (961) (234) (1,428) (615) (4) Amortization of defined benefit items: Prior service cost 16 3 51 7 (5) Actuarial gain (loss) (24) (20) (73) (59) (5) Total amortization of defined benefit items (8) (17) (22) (52) Total reclassifications for the period $ (955) $ (251) $ (1,416) $ (668) __________ (1) All amounts are shown before tax. (2) Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI. (3) See Note 5 for additional information regarding cash flow and fair value hedges. (4) See table below for additional information regarding unrealized investment gains (losses), including the impact on deferred policy acquisition and other costs, future policy benefits and policyholders’ dividends. (5) See Note 16 for additional information regarding employee benefit plans. Net Unrealized Investment Gains (Losses) Net unrealized investment gains (losses) on available-for-sale fixed maturity securities and certain other invested assets and other assets are included in the Company’s Unaudited Interim Consolidated Statements of Financial Position as a component of AOCI. Changes in these amounts include reclassification adjustments to exclude from “Other comprehensive income (loss)” those items that are included as part of “Net income (loss)” for a period that had been part of “Other comprehensive income (loss)” in earlier periods. The amounts for the periods indicated below, split between amounts related to available-for-sale fixed maturity securities on which an allowance for credit losses has been recorded, and all other net unrealized investment gains (losses), are as follows: Net Unrealized Investment Gains (Losses) on Available-for-Sale Fixed Maturity Securities on Which an Allowance for Credit Losses has been Recorded Net Unrealized Reinsurance Recoverables Future Policy Policyholders’ Income Tax Benefit (Expense) Accumulated Other Comprehensive Income (Loss) Related to Net Unrealized Investment Gains (Losses) (in millions) Balance, December 31, 2023 $ (72) $ (17,179) $ (484) $ 1,306 $ 2,081 $ 3,135 $ (11,213) Net investment gains (losses) on investments arising during the period (61) 36 (1) (26) Reclassification adjustment for (gains) losses included in net income 11 1,417 31 1,459 Reclassification due to allowance for credit losses recorded during the period 1 (1) 0 0 Impact of net unrealized investment (gains) losses 326 (727) (1,014) 298 (1,117) Balance, September 30, 2024 $ (121) $ (15,727) $ (158) $ 579 $ 1,067 $ 3,463 $ (10,897) __________ (1) Includes cash flow and fair value hedges. See Note 5 for additional information.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	A reconciliation of the numerators and denominators of the basic and diluted per share computations of Common Stock based on the consolidated earnings of Prudential Financial for the periods indicated is as follows: Three Months Ended September 30, 2024 2023 Income Weighted Per Share Income Weighted Per Share (in millions, except per share amounts) Basic earnings per share Net income (loss) $ 451 $ (791) Less: Income (loss) attributable to noncontrolling interests 3 11 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards 5 5 Net income (loss) attributable to Prudential Financial available to holders of Common Stock $ 443 356.9 $ 1.24 $ (807) 362.6 $ (2.23) Effect of dilutive securities and compensation programs Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic $ 5 $ 5 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted 5 5 Stock options 0.2 0.0 Deferred and long-term compensation programs 1.6 0.0 Diluted earnings per share Net income (loss) attributable to Prudential Financial available to holders of Common Stock $ 443 358.7 $ 1.24 $ (807) 362.6 $ (2.23) __________ (1) For the three months ended September 30, 2023, weighted average shares for basic earnings per share is also used for calculating diluted earnings per share because dilutive shares and dilutive earnings per share are not applicable when a net loss is reported. As a result of the net loss attributable to Prudential Financial available to holders of Common Stock for the three months ended September 30, 2023, all potential stock options and compensation programs were considered antidilutive. Nine Months Ended September 30, 2024 2023 Income Weighted Per Share Income Weighted Per Share (in millions, except per share amounts) Basic earnings per share Net income (loss) $ 2,773 $ 1,182 Less: Income (loss) attributable to noncontrolling interests (11) 11 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards 33 17 Net income (loss) attributable to Prudential Financial available to holders of Common Stock $ 2,751 358.3 $ 7.68 $ 1,154 364.6 $ 3.17 Effect of dilutive securities and compensation programs Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic $ 33 $ 17 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted 33 17 Stock options 0.2 0.2 Deferred and long-term compensation programs 1.4 1.0 Diluted earnings per share Net income (loss) attributable to Prudential Financial available to holders of Common Stock $ 2,751 359.9 $ 7.64 $ 1,154 365.8 $ 3.15 Unvested share-based payment awards that contain nonforfeitable rights to dividends are participating securities and included in the computation of earnings per share pursuant to the two-class method. Under this method, earnings attributable to Prudential Financial are allocated between Common Stock and the participating awards, as if the awards were a second class of stock. During periods of net income available to holders of Common Stock, the calculation of earnings per share excludes the income attributable to participating securities in the numerator and the dilutive impact of these securities from the denominator. In the event of a net loss available to holders of Common Stock, undistributed earnings are not allocated to participating securities and the denominator excludes the dilutive impact of these securities as they do not share in the losses of the Company. Undistributed earnings allocated to participating unvested share-based payment awards for the three months ended September 30, 2024 and 2023, as applicable, were based on 3.9 million and 4.1 million of such awards, respectively, and for the nine months ended September 30, 2024 and 2023, as applicable, were based on 4.0 million and 4.1 million of such awards, respectively, weighted for the period they were outstanding. Stock options and shares related to deferred and long-term compensation programs that are considered antidilutive are excluded from the computation of diluted earnings per share. Stock options are considered antidilutive based on application of the treasury stock method or in the event of a net loss available to holders of Common Stock. Shares related to deferred and long-term compensation programs are considered antidilutive in the event of a net loss available to holders of Common Stock. For the periods indicated, the number of stock options and shares related to deferred and long-term compensation programs that were considered antidilutive and were excluded from the computation of diluted earnings per share, weighted for the portion of the period they were outstanding, are as follows: Three Months Ended September 30, 2024 2023 Shares Exercise Price Shares Exercise Price (in millions, except per share amounts, based on weighted average) Antidilutive stock options based on application of the treasury stock method 0.0 $ 0.00 1.1 $ 103.19 Antidilutive stock options due to net loss available to holders of Common Stock 0.0 0.1 Antidilutive shares based on application of the treasury stock method 0.0 0.0 Antidilutive shares due to net loss available to holders of Common Stock 0.0 1.1 Total antidilutive stock options and shares 0.0 2.3 Nine Months Ended September 30, 2024 2023 Shares Exercise Price Shares Exercise Price (in millions, except per share amounts, based on weighted average) Antidilutive stock options based on application of the treasury stock method 0.1 $ 110.42 1.3 $ 101.72 Antidilutive stock options due to net loss available to holders of Common Stock 0.0 0.0 Antidilutive shares based on application of the treasury stock method 0.0 0.1 Antidilutive shares due to net loss available to holders of Common Stock 0.0 0.0 Total antidilutive stock options and shares 0.1 1.4

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION Segments The Company’s principal operations consist of PGIM (the Company’s global investment management business), the U.S. Businesses (consisting of the Retirement Strategies, Group Insurance and Individual Life businesses), the International Businesses (consisting of the Life Planner and Gibraltar Life and Other businesses), the Closed Block division, and the Company’s Corporate and Other operations. The Closed Block division is accounted for as a divested business that is reported separately from the Divested and Run-off Businesses that are included in Corporate and Other operations. Divested and Run-off Businesses consist of businesses that have been, or will be, sold or exited, including businesses that have been placed in wind-down status that do not qualify for “discontinued operations” accounting treatment under U.S. GAAP. Adjusted Operating Income The Company analyzes the operating performance of each segment using “adjusted operating income.” Adjusted operating income does not equate to “Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities” or “Net income (loss)” as determined in accordance with U.S. GAAP but is the measure of segment profit or loss used by the Company’s chief operating decision maker to evaluate segment performance and allocate resources, and consistent with authoritative guidance, is the measure of segment performance presented below. Adjusted operating income is calculated by adjusting each segment’s “Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities” for the following items: • Realized investment gains (losses), net, and related charges and adjustments; • Change in value of market risk benefits, net of related hedging gains (losses); • Market experience updates; • Divested and Run-off Businesses; • Equity in earnings of joint ventures and other operating entities and earnings attributable to noncontrolling interests; and • Other adjustments. These items are important to an understanding of overall results of operations. Adjusted operating income is not a substitute for income determined in accordance with U.S. GAAP, and the Company’s definition of adjusted operating income may differ from that used by other companies. The Company, however, believes that the presentation of adjusted operating income as measured for management purposes enhances the understanding of results of operations by highlighting the results from ongoing operations and the underlying profitability factors of its businesses. For additional information regarding these reconciling items, see Note 23 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Reconciliation of adjusted operating income to net income (loss) The table below reconciles “Adjusted operating income before income taxes” to “Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities”: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Adjusted operating income before income taxes by segment: PGIM $ 241 $ 211 $ 616 $ 541 U.S. Businesses: Institutional Retirement Strategies 438 439 1,429 1,263 Individual Retirement Strategies 528 502 1,488 1,391 Retirement Strategies(1) 966 941 2,917 2,654 Group Insurance 82 89 248 253 Individual Life(1) 60 58 (148) (103) Total U.S. Businesses 1,108 1,088 3,017 2,804 International Businesses: Life Planner 464 527 1,409 1,536 Gibraltar Life and Other 302 284 955 899 Total International Businesses 766 811 2,364 2,435 Corporate and Other(2) (487) (438) (1,293) (1,381) Total segment adjusted operating income before income taxes 1,628 1,672 4,704 4,399 Reconciling items: Realized investment gains (losses), net, and related charges and adjustments(2) (805) (2,491) (774) (2,879) Change in value of market risk benefits, net of related hedging gains (losses) (146) (251) (320) (160) Market experience updates (127) 143 (112) 188 Divested and Run-off Businesses: Closed Block division 2 2 (61) (50) Other Divested and Run-off Businesses(2) 47 (113) 50 (22) Equity in earnings of joint ventures and other operating entities and earnings attributable to noncontrolling interests (43) (11) (113) (42) Other adjustments(3) (3) (9) (16) (24) Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities per Unaudited Interim Consolidated Financial Statements $ 553 $ (1,058) $ 3,358 $ 1,410 __________ (1) The Retirement Strategies and Individual Life segments’ results reflect DAC as if the business is a stand-alone operation. The elimination of intersegment costs capitalized in accordance with this policy is included in consolidating adjustments within Corporate and Other operations. (2) Prior period amounts have been updated to conform to current period presentation. (3) Includes components of consideration for business acquisitions, which are recognized as compensation expense over the requisite service period. Reconciliation of select financial information The tables below present certain financial information for the Company’s segments and its Corporate and Other operations, including assets by segment and revenues by segment on an adjusted operating income basis, and the reconciliation of the segment totals to amounts reported in the Unaudited Interim Consolidated Financial Statements. September 30, December 31, (in millions) Assets by segment: PGIM $ 37,878 $ 42,064 U.S. Businesses: Institutional Retirement Strategies 131,755 111,308 Individual Retirement Strategies 152,002 139,934 Retirement Strategies 283,757 251,242 Group Insurance 40,201 39,214 Individual Life 122,526 116,449 Total U.S. Businesses 446,484 406,905 International Businesses: Life Planner 82,645 81,164 Gibraltar Life and Other 110,651 110,060 Total International Businesses 193,296 191,224 Corporate and Other 31,712 29,842 Closed Block division 50,924 51,088 Total assets per Unaudited Interim Consolidated Financial Statements $ 760,294 $ 721,123 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Revenues by segment: PGIM $ 1,021 $ 976 $ 2,974 $ 2,723 U.S. Businesses: Institutional Retirement Strategies 9,473 221 25,052 7,847 Individual Retirement Strategies 1,310 1,153 3,770 3,367 Retirement Strategies 10,783 1,374 28,822 11,214 Group Insurance 1,643 1,576 4,863 4,738 Individual Life 1,546 1,589 4,655 4,680 Total U.S. Businesses 13,972 4,539 38,340 20,632 International Businesses: Life Planner 2,247 2,359 7,164 7,364 Gibraltar Life and Other 2,170 2,207 6,478 6,940 Total International Businesses: 4,417 4,566 13,642 14,304 Corporate and Other(1) 71 (37) 65 (50) Total revenues on an adjusted operating income basis 19,481 10,044 55,021 37,609 Reconciling items: Realized investment gains (losses), net, and related charges and adjustments(1) (967) (2,396) (425) (2,379) Change in value of market risk benefits, net of related hedging gains (losses) (146) (251) (320) (160) Market experience updates (34) 39 (92) 58 Divested and Run-off Businesses: Closed Block division 817 615 2,590 2,541 Other Divested and Run-off Businesses(1) 384 323 1,209 1,277 Equity in earnings of joint ventures and other operating entities and earnings attributable to noncontrolling interests (45) (22) (101) (51) Total revenues per Unaudited Interim Consolidated Financial Statements $ 19,490 $ 8,352 $ 57,882 $ 38,895 __________ (1) Prior period amounts have been updated to conform to current period presentation. Intersegment revenues Management has determined the intersegment revenues with reference to market rates. Intersegment revenues are eliminated in consolidation in Corporate and Other operations. The PGIM segment revenues include intersegment revenues, primarily consisting of asset-based management and administration fees, as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) PGIM segment intersegment revenues $ 206 $ 201 $ 617 $ 604 Segments may also enter into internal derivative contracts with other segments. For adjusted operating income, each segment accounts for the internal derivative results consistent with the manner in which that segment accounts for other similar external derivatives. Asset management and service fees The table below presents asset management and service fees, predominantly related to investment management activities, for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Asset-based management fees $ 841 $ 799 $ 2,526 $ 2,377 Performance-based incentive fees 17 26 78 33 Other fees 126 127 380 377 Total asset management and service fees $ 984 $ 952 $ 2,984 $ 2,787

Related Party Disclosures

Related Party Disclosures	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions Disclosure	RELATED PARTY TRANSACTIONS In September 2023, the Company invested approximately $200 million, and acquired a 20% equity interest as a limited partner, in Prismic, a Bermuda-exempted limited partnership that owns all of the outstanding capital stock of Prismic Re, a licensed Bermuda-based life and annuity reinsurance company. As this investment is accounted for under the equity method, both Prismic and Prismic Re are considered related parties. Also in September 2023, the Company entered into an agreement with Prismic Re to reinsure approximately $9 billion of reserves for certain structured settlement annuity contracts issued by PICA, a wholly-owned subsidiary of the Company. These contracts represent approximately 70% of the Company’s in-force structured settlement annuities business. Separately, the Company, through PGIM, entered into an investment management agreement with Prismic to manage a large portion of Prismic Re's assets. The following tables summarize the impacts to the Company’s financial statements related to the agreements that the Company entered with Prismic and Prismic Re. The related party balances with Prismic and Prismic Re impacted the Company’s balance sheet as of the periods indicated as follows: September 30, December 31, (in millions) Reinsurance recoverables and deposit receivables $ 9,523 $ 9,752 Other assets $ 130 $ 132 Reinsurance and funds withheld payables (includes $578 and $508 of embedded derivatives at fair value at September 30, 2024 and December 31, 2023, respectively) $ 8,480 $ 8,544 Accumulated other comprehensive income (loss) $ 291 $ 335 The Company has agreed to guarantee Prismic Re's reimbursement obligations on letters of credit that may be obtained by Prismic Re from third-party financial institutions to support Prismic Re’s obligations under the reinsurance agreement with the Company for a total amount up to $2.0 billion as of both September 30, 2024 and December 31, 2023. See Note 21 for additional information on the Company’s guarantees and commitments. The related party activity with Prismic and Prismic Re impacted the Company’s results of operations and cash flows for the period indicated as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Premiums $ (4) $ (4,814) $ 11 $ (4,814) Net investment income 0 13 0 13 Asset management and service fees 9 3 27 3 Other income (loss) 40 0 114 0 Realized investment gains(losses), net (710) 435 (392) 435 Policyholders’ benefits (70) (4,839) (211) (4,839) Change in estimates of liability for future policy benefits (4) 2 12 2 General and administrative expenses 9 7 28 7 Income (loss) from related parties, before income taxes (600) 467 (69) 467 Other comprehensive income (loss), before tax 383 (394) 291 (394) Total comprehensive income (loss), before tax $ (217) $ 73 $ 222 $ 73 Nine Months Ended September 30, 2024 2023 (in millions) CASH FLOWS FROM OPERATING ACTIVITIES Adjustments to reconcile net income (loss) to net cash provided by operating activities: Realized investment (gains) losses, net $ 392 $ (435) Change in: Other, net $ (554) $ (25) CASH FLOWS FROM FINANCING ACTIVITIES Other, net $ 285 $ 1

Commitments and Contingent Liab

Commitments and Contingent Liabilities	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	COMMITMENTS AND CONTINGENT LIABILITIES Commitments and Guarantees Commercial Mortgage Loan Commitments September 30, December 31, (in millions) Total outstanding mortgage loan commitments $ 2,294 $ 1,798 Portion of commitment where prearrangement to sell to investor exists $ 514 $ 366 The Company originates commercial mortgage loans as part of its commercial mortgage operations. Commitments for loans that will be held for sale are recognized as derivatives and recorded at fair value. In certain of these transactions, the Company prearranges that it will sell the loan to an investor, including to government sponsored entities as discussed below, after the Company funds the loan. The above amount includes unfunded commitments that are not unconditionally cancellable. For related credit exposure, there was an allowance for credit losses of $2 million and $1 million as of September 30, 2024 and December 31, 2023, respectively. The change in allowance was an increase of $1 million and $0 million for both the three months and nine months ended September 30, 2024 and 2023, respectively. Commitments to Purchase Investments (excluding Commercial Mortgage Loans) September 30, December 31, (in millions) Expected to be funded from the general account and other operations outside the separate accounts $ 10,816 $ 10,675 Expected to be funded from separate accounts $ 66 $ 39 The Company has other commitments to purchase or fund investments, some of which are contingent upon events or circumstances not under the Company’s control, including those at the discretion of the Company’s counterparties. The Company anticipates a portion of these commitments will ultimately be funded from its separate accounts. The above amount includes unfunded commitments that are not unconditionally cancellable. There were no related charges for credit losses for either the three months or nine months end ed September 30, 2024 or 2023. Indemnification of Securities Lending and Securities Repurchase Transactions September 30, December 31, (in millions) Indemnification provided to certain clients for securities lending and securities repurchase transactions(1) $ 6,263 $ 5,409 Fair value of related collateral associated with above indemnifications(1) $ 6,398 $ 5,528 Accrued liability associated with guarantee $ 0 $ 0 __________ (1) Includes $265 million and $0 million related to securities repurchase transactions as of September 30, 2024 and December 31, 2023, respectively. In the normal course of business, the Company may facilitate securities lending or securities repurchase transactions on behalf of certain client accounts (collectively, “the accounts”). In certain of these arrangements, the Company has provided an indemnification to the accounts to hold them harmless against losses caused by counterparty (i.e., borrower) defaults associated with such transactions facilitated by the Company. In securities lending transactions, collateral is provided by the counterparty to the accounts at the inception of the transaction in an amount at least equal to 102% of the fair value of the loaned securities and the collateral is maintained daily to equal at least 102% of the fair value of the loaned securities. In securities repurchase transactions, collateral is provided by the counterparty to the accounts at the inception of the transaction in an amount at least equal to 95% of the fair value of the securities subject to repurchase and the collateral is maintained daily to equal at least 95% of the fair value of the securities subject to repurchase. The Company is only at risk if the counterparty to the transaction defaults and the value of the collateral held is less than the value of the securities loaned to, or subject to repurchase from, such counterparty. The Company believes the possibility of any payments under these indemnities is remote. Credit Derivatives Written As discussed further in Note 5, the Company writes credit derivatives under which the Company is obligated to pay the counterparty the referenced amount of the contract and receive in return the defaulted security or similar security. Guarantees of Asset Values September 30, December 31, (in millions) Guaranteed value of third-parties’ assets $ 75,271 $ 78,009 Fair value of collateral supporting these assets $ 71,533 $ 73,186 Asset (liability) associated with guarantee, carried at fair value $ (1) $ (2) Certain contracts underwritten by the Retirement Strategies segment include guarantees related to financial assets owned by the guaranteed party. These contracts are accounted for as derivatives and carried at fair value. The collateral supporting these guarantees is not reflected on the Unaudited Interim Consolidated Statements of Financial Position. Indemnification of Serviced Mortgage Loans September 30, December 31, (in millions) Maximum exposure under indemnification agreements for mortgage loans serviced by the Company $ 3,189 $ 3,102 First-loss exposure portion of above $ 922 $ 898 Accrued liability associated with guarantees(1) $ 26 $ 28 __________ (1) The accrued liability associated with guarantees includes an allowance for credit losses of $12 million and $14 million as of September 30, 2024 and December 31, 2023, respectively. The change in allowance was a reduction of $1 million for both the three months ended September 30, 2024 and 2023, and a reduction of $2 million for both the nine months ended September 30, 2024 and 2023. As part of the commercial mortgage activities of the Company’s PGIM segment, the Company provides commercial mortgage origination, underwriting and servicing for certain government sponsored entities, such as Fannie Mae and Freddie Mac. The Company has agreed to indemnify the government sponsored entities for a portion of the credit risk associated with certain of the mortgages it services through a delegated authority arrangement. Under these arrangements, the Company originates multi-family mortgages for sale to the government sponsored entities based on underwriting standards they specify, and makes payments to them for a specified percentage share of losses they incur on certain loans serviced by the Company. The Company’s percentage share of losses incurred generally varies from 4% to 20% of the loan balance, and is typically based on a first-loss exposure for a stated percentage of the loan balance, plus a shared exposure with the government sponsored entity for any losses in excess of the stated first-loss percentage, subject to a contractually specified maximum percentage. The Company determines the liability related to this exposure using historical loss experience, and the size and remaining life of the asset. The Company serviced $25,299 million and $24,875 million of mortgages subject to these loss-sharing arrangements as of September 30, 2024 and December 31, 2023, respectively, all of which are collateralized by first priority liens on the underlying multi-family residential properties. As of September 30, 2024, these mortgages had a weighted-average debt service coverage ratio of 1.97 times and a weighted-average loan-to-value ratio of 62%. As of December 31, 2023, these mortgages had a weighted-average debt service coverage ratio of 1.97 times and a weighted-average loan-to-value ratio of 60%. The Company had no losses related to indemnifications that were settled for either the nine months ended September 30, 2024 or 2023. Other Guarantees September 30, December 31, (in millions) Other guarantees where amount can be determined $ 292 $ 36 Accrued liability for other guarantees and indemnifications $ 32 $ 32 The Company is also subject to other financial guarantees and indemnity arrangements. The Company has provided indemnities and guarantees related to acquisitions, dispositions, investments and other transactions that are triggered by, among other things, breaches of representations, warranties or covenants provided by the Company. These obligations are typically subject to various time limitations, defined by the contract or by operation of law, such as statutes of limitation. In some cases, the maximum potential obligation is subject to contractual limitations, while in other cases such limitations are not specified or applicable. This includes guarantees issued on $1.5 billion of standby committed letters of credit and $0.5 billion of standby uncommitted letters of credit that may be obtained by Prismic Re from third-party financial institutions, for the benefit of PICA as beneficiary, to support U.S. statutory reserve credit related to a reinsurance agreement with PICA. As of September 30, 2024, no letters of credit have been issued to PICA under the facility, and the likelihood of PICA drawing upon them is remote. The guarantees are renewable on an annual basis. The current value of the guarantees is estimated to be immaterial. See Note 20 for additional information on the related party relationship between the Company and Prismic Re and Note 12 for additional information on the Company’s reinsurance transactions. Since certain of these obligations are not subject to limitations, it is not possible to determine the maximum potential amount due under these guarantees. The accrued liability identified above relates to the sale of The Prudential Life Insurance Company of Taiwan Inc. (“POT”) and represents a financial guarantee of certain insurance obligations of POT. Contingent Liabilities On an ongoing basis, the Company and its regulators review its operations including, but not limited to, sales and other customer interface procedures and practices, and procedures for meeting obligations to its customers and other parties. These reviews may result in the modification or enhancement of processes or the imposition of other action plans, including concerning management oversight, sales and other customer interface procedures and practices, and the timing or computation of payments to customers and other parties. In certain cases, if appropriate, the Company may offer customers or other parties remediation and may incur charges, including the cost of such remediation, administrative costs and regulatory fines. The Company is subject to the laws and regulations of states and other jurisdictions concerning the identification, reporting and escheatment of unclaimed or abandoned funds, and is subject to audit and examination for compliance with these requirements. It is possible that the results of operations or the cash flow of the Company in a particular quarterly or annual period could be materially affected as a result of payments in connection with the matters discussed above or other matters depending, in part, upon the results of operations or cash flow for such period. Management believes, however, that ultimate payments in connection with these matters, after consideration of applicable reserves and rights to indemnification, should not have a material adverse effect on the Company’s financial position. Litigation and Regulatory Matters The Company is subject to leg al and regulatory actions in the ordinary course of its businesses. Pending legal and regulatory actions include proceedings relating to aspects of the Company’s businesses and operations that are specific to it and proceedings that are typical of the businesses in which it operates, including in both cases businesses that have been either divested or placed in wind-down status. Some of these proceedings have been brought on behalf of various alleged classes of complainants. In certain of these matters, the plaintiffs are seeking large and/or indeterminate amounts, including punitive or exemplary damages. The outcome of litigation or a regulatory matter, and the amount or range of potential loss at any particular time, is often inherently uncertain. The Company establishes accruals for litigation and regulatory matters when it is probable that a loss has been incurred and the amount of that loss can be reasonably estimated. For litigation and regulatory matters where a loss may be reasonably possible, but not probable, or is probable but not reasonably estimable, no accrual is established but the matter, if potentially material, is disclosed, including matters discussed below. The Company estimates that as of September 30, 2024, the aggregate range of reasonably possible losses in excess of accruals established for those litigation and regulatory matters for which such an estimate currently can be made is less than $250 million. Any estimate is not an indication of expected loss, if any, or the Company’s maximum possible loss exposure on such matters. The Company reviews relevant information with respect to its litigation and regulatory matters on a quarterly and annual basis and updates its accruals, disclosures and estimates of reasonably possible loss based on such reviews. The following discussion of litigation and regulatory matters provides an update of those matters discussed in Note 25 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, and should be read in conjunction with the complete descriptions provided in the Form 10-K. Individual Annuities, Individual Life and Group Insurance California Advocates for Nursing Home Reform v. The Prudential Insurance Company of America and Pruco Life Insurance Company, et al. In February 2024, defendants removed the action from California state court to the United States District Court for the Northern District of California. Escheatment Litigation Total Asset Recovery Services, LLC v. MetLife, Inc., et al., Prudential Financial, Inc., The Prudential Insurance Company of America, and Prudential Insurance Agency, LLC In October 2024, defendants’ motion to dismiss the Fourth Amended Complaint was denied. Securities Litigation City of Warren v. PFI, et al. In March 2024, the court issued an order granting the motion for preliminary approval of the Settlement. In June 2024, the Court granted final approval of the Settlement and issued a final judgment dismissing the action with prejudice. This matter is now closed. Daniel Plaut v. Prudential Financial, Inc. In September 2024, the court issued an order consolidating this action with Kevin M. Frost et al. v. Prudential Financial, Inc. , under the caption In re Prudential Financial, Inc. Derivative Litigation . Kevin M. Frost et al. v. Prudential Financial, Inc. In September 2024, the court issued an order consolidating this action with Daniel Plaut v. Prudential Financial, Inc. , under the caption In re Prudential Financial, Inc. Derivative Litigation . Case updates will be consolidated with the Daniel Plaut action. Assurance IQ, LLC William James Griffin, et al. v. Benefytt Technologies, Inc., et al. and Assurance IQ, LLC In May 2024, the Court granted final approval of the Settlement and issued a final judgment dismissing the action with prejudice. This matter is now closed. Regulatory Variable Products The Company has received regulatory inquiries and requests for information from state and federal regulators, including subpoenas from the U.S. Securities and Exchange Commission (the “SEC”), concerning the appropriateness of variable product sales and replacement activity. The Company is cooperating with regulators and may become subject to additional regulatory inquiries and other actions related to this matter. In September 2024, the SEC notified the Company that the SEC has concluded its investigation and is not recommending an enforcement action. Summary The Company’s litigation and regulatory matters are subject to many uncertainties, and given their complexity and scope, their outcome cannot be predicted. It is possible that the Company’s results of operations or cash flow in a particular quarterly or annual period could be materially affected by an ultimate unfavorable resolution of pending litigation and regulatory matters depending, in part, upon the results of operations or cash flow for such period. In light of the unpredictability of the Company’s litigation and regulatory matters, it is also possible that in certain cases an ultimate unfavorable resolution of one or more pending litigation or regulatory matters could have a material adverse effect on the Company’s financial statements. Management believes, however, that, based on information currently known to it, the ultimate outcome of all pending litigation and regulatory matters, after consideration of applicable reserves and rights to indemnification, is not likely to have a material adverse effect on the Company’s financial statements.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 448	$ (802)	$ 2,784	$ 1,171

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Significant Accounting Polici_2

Significant Accounting Policies and Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Unaudited Interim Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) on a basis consistent with reporting interim financial information in accordance with instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”). The Unaudited Interim Consolidated Financial Statements include the accounts of Prudential Financial, entities over which the Company exercises control, including majority-owned subsidiaries and minority-owned entities such as limited partnerships in which the Company is the general partner, and variable interest entities (“VIEs”) in which the Company is considered the primary beneficiary. See Note 4 for additional information regarding the Company’s consolidated variable interest entities. Intercompany balances and transactions have been eliminated. In the opinion of management, all adjustments necessary for a fair statement of the financial position and results of operations have been made. All such adjustments are of a normal, recurring nature. Interim results are not necessarily indicative of the results that may be expected for the full year. These financial statements should be read in conjunction with the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The most significant estimates include those used in determining future policy benefits; policyholders’ account balances related to the fair value of embedded derivative instruments associated with the index-linked features of certain universal life and annuity products; market risk benefits; the measurement of goodwill and any related impairment; the valuation of investments including derivatives, the measurement of allowance for credit losses, and the recognition of other-than-temporary impairments (“OTTI”); pension and other postretirement benefits; any provision for income taxes and valuation of deferred tax assets; and accruals for contingent liabilities, including estimates for losses in connection with unresolved legal and regulatory matters.
Reclassifications	Reclassifications Certain amounts in prior periods have been reclassified to conform to the current period presentation.
New Accounting Pronouncements	ASUs issued but not yet adopted as of September 30, 2024 Standard Description Effective date and method of adoption Effect on the financial statements or other significant matters ASU 2023-09 Income Taxes (Topic 740) Improvements to Income Tax Disclosures This ASU requires entities to provide additional information primarily related to the effective tax rate reconciliation and income taxes paid. Effective for fiscal years beginning after December 15, 2024 with early adoption permitted, and is required to be applied prospectively with the option of retrospective application. The Company is currently assessing the impact of the ASU on the Company’s Consolidated Financial Statements and Notes to the Consolidated Financial Statements. ASU 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures This ASU requires entities to provide more detailed information about significant segment expenses that are regularly provided to the chief operating decision maker. Effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted, using the retrospective method. The ASU has no impact on the Company’s Consolidated Financial Statements but will result in expanded disclosures in the Notes to the Consolidated Financial Statements.
Future Adoption Of New Accounting Pronouncements

Business and Basis of Present_2

Business and Basis of Presentation (Tables)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Deferred Policy Acquisition Costs	The following tables show a rollforward for the lines of business that contain material DAC balances, along with a reconciliation to the Company’s total DAC balance: Nine Months Ended September 30, 2024 Retirement Strategies Individual Life International Businesses Total Individual Variable Term Life Variable/ Life Planner Gibraltar Life (in millions) Balance, BOP $ 3,676 $ 2,237 $ 5,364 $ 4,909 $ 4,442 $ 20,628 Capitalization 302 138 517 428 441 1,826 Amortization expense (286) (156) (184) (255) (247) (1,128) Other adjustments(1) 0 0 (280) (49) 4 (325) Foreign currency adjustment 0 0 0 (93) (22) (115) Balance, EOP $ 3,692 $ 2,219 $ 5,417 $ 4,940 $ 4,618 20,886 Other businesses 296 Total DAC balance $ 21,182 __________ (1) Includes the impact of the reinsurance transaction with Somerset Reinsurance Ltd. in Individual Life (Universal Life). See Note 12 for additional information. Nine Months Ended September 30, 2023 Retirement Strategies Individual Life International Businesses Total Individual Variable Term Life Variable/ Life Planner Gibraltar Life (in millions) Balance, BOP $ 4,171 $ 2,288 $ 5,000 $ 4,710 $ 4,231 $ 20,400 Capitalization 195 115 436 443 444 1,633 Amortization expense (275) (160) (183) (244) (236) (1,098) Other adjustments(1) (393) 2 0 14 0 (377) Foreign currency adjustment 0 0 0 (199) (158) (357) Balance, EOP $ 3,698 $ 2,245 $ 5,253 $ 4,724 $ 4,281 20,201 Other businesses 193 Total DAC balance $ 20,394 __________ (1) Includes the impact of the reinsurance transaction with AuguStar in Individual Retirement Strategies. See Note 12 for additional information.
Deferred Sales Inducements	The following table shows a rollforward of DSI balances for variable annuity products within Individual Retirement Strategies, which is the only line of business that contains a material DSI balance, along with a reconciliation to the Company’s total DSI balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 410 $ 446 Capitalization 2 2 Amortization expense (27) (28) Balance, EOP 385 420 Other businesses 31 33 Total DSI balance $ 416 $ 453
Schedule of Value of Business Acquired	The following table shows a rollforward of VOBA balances for Gibraltar Life and Other, which is the only line of business that contains a material VOBA balance, along with a reconciliation to the Company’s total VOBA balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 511 $ 597 Amortization expense (31) (37) Foreign currency adjustment (9) (64) Balance, EOP 471 496 Other businesses(1) 17 18 Total VOBA balance $ 488 $ 514 __________ (1) Represents Aoba Life business.
Liability for Future Policy Benefit, Activity	The balances of and changes in Benefit Reserves as of and for the periods indicated consist of the three tables presented below: Present Value of Expected Net Premiums rollforward, Present Value of Expected Future Policy Benefits rollforward, and Net Liability for Future Policy Benefits. Nine Months Ended September 30, 2024 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 71,407 $ 11,274 $ 29,064 $ 26,367 $ 3,286 $ 141,398 Effect of cumulative changes in discount rate assumptions, BOP 11,869 228 596 622 16 13,331 Balance at original discount rate, BOP 83,276 11,502 29,660 26,989 3,302 154,729 Effect of assumption update 41 21 (328) (535) (276) (1,077) Effect of actual variances from expected experience and other activity 534 (205) (1,030) (732) 147 (1,286) Adjusted balance, BOP 83,851 11,318 28,302 25,722 3,173 152,366 Issuances 19,730 631 1,732 852 0 22,945 Net premiums / considerations collected (20,691) (1,039) (2,849) (2,528) (241) (27,348) Interest accrual 2,150 397 634 526 113 3,820 Foreign currency adjustment 3,993 0 (521) (245) 0 3,227 Other adjustments 0 3 95 0 0 98 Balance at original discount rate, EOP 89,033 11,310 27,393 24,327 3,045 155,108 Effect of cumulative changes in discount rate assumptions, EOP (14,283) (109) (749) (651) 6 (15,786) Balance, EOP $ 74,750 $ 11,201 $ 26,644 $ 23,676 $ 3,051 $ 139,322 Other businesses, EOP 94 Total balance, EOP $ 139,416 Nine Months Ended September 30, 2024 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 141,135 $ 19,852 $ 79,822 $ 79,036 $ 12,139 $ 331,984 Effect of cumulative changes in discount rate assumptions, BOP 14,751 334 563 7,355 603 23,606 Balance at original discount rate, BOP 155,886 20,186 80,385 86,391 12,742 355,590 Effect of assumption update (481) 21 (106) (407) (394) (1,367) Effect of actual variances from expected experience and other activity 638 (240) (1,023) (715) 155 (1,185) Adjusted balance, BOP 156,043 19,967 79,256 85,269 12,503 353,038 Issuances 19,730 631 1,732 852 0 22,945 Interest accrual 4,633 707 1,921 1,630 454 9,345 Benefit payments (9,743) (1,173) (3,450) (3,730) (240) (18,336) Foreign currency adjustment 4,046 0 (1,190) (743) 0 2,113 Other adjustments 17 (7) 208 (4) 0 214 Balance at original discount rate, EOP 174,726 20,125 78,477 83,274 12,717 369,319 Effect of cumulative changes in discount rate assumptions, EOP (16,145) (152) (2,888) (8,684) (567) (28,436) Balance, EOP $ 158,581 $ 19,973 $ 75,589 $ 74,590 $ 12,150 $ 340,883 Other businesses, EOP 1,709 Total balance, EOP $ 342,592 Nine Months Ended September 30, 2024 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 83,831 $ 8,773 $ 48,945 $ 50,915 $ 9,099 $ 201,563 Flooring impact, EOP 82 0 26 13 0 121 Balance, EOP, post-flooring 83,913 8,773 48,971 50,928 9,099 201,684 Less: Reinsurance recoverables 5,481 719 98 290 0 6,588 Balance after reinsurance recoverables, EOP, post-flooring $ 78,432 $ 8,054 $ 48,873 $ 50,638 $ 9,099 $ 195,096 Other businesses, EOP(1) 1,551 Total balance after reinsurance recoverables, EOP $ 196,647 Nine Months Ended September 30, 2023 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 52,620 $ 11,282 $ 30,689 $ 28,951 $ 2,932 $ 126,474 Effect of cumulative changes in discount rate assumptions, BOP 14,349 572 1,354 1,326 103 17,704 Balance at original discount rate, BOP 66,969 11,854 32,043 30,277 3,035 144,178 Effect of assumption update (1,117) (1) 78 (175) 266 (949) Effect of actual variances from expected experience and other activity 384 (159) (814) (516) 145 (960) Adjusted balance, BOP 66,236 11,694 31,307 29,586 3,446 142,269 Issuances 8,453 539 1,793 1,258 0 12,043 Net premiums / considerations collected (8,682) (1,060) (3,055) (2,873) (242) (15,912) Interest accrual 1,588 404 680 594 117 3,383 Foreign currency adjustment 950 0 (1,583) (1,608) 0 (2,241) Other adjustments 0 (2) 104 0 0 102 Balance at original discount rate, EOP 68,545 11,575 29,246 26,957 3,321 139,644 Effect of cumulative changes in discount rate assumptions, EOP (16,742) (965) (1,571) (1,495) (249) (21,022) Balance, EOP $ 51,803 $ 10,610 $ 27,675 $ 25,462 $ 3,072 $ 118,622 Other businesses, EOP 83 Total balance, EOP $ 118,705 Nine Months Ended September 30, 2023 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 117,754 $ 19,288 $ 78,639 $ 80,331 $ 10,685 $ 306,697 Effect of cumulative changes in discount rate assumptions, BOP 20,170 1,012 3,719 11,266 1,216 37,383 Balance at original discount rate, BOP 137,924 20,300 82,358 91,597 11,901 344,080 Effect of assumption update (1,289) (1) 145 44 357 (744) Effect of actual variances from expected experience and other activity 377 (194) (845) (503) 171 (994) Adjusted balance, BOP 137,012 20,105 81,658 91,138 12,429 342,342 Issuances 8,453 539 1,793 1,258 0 12,043 Interest accrual 3,720 707 1,977 1,729 443 8,576 Benefit payments (8,550) (1,121) (2,729) (3,496) (196) (16,092) Foreign currency adjustment 981 0 (4,630) (5,780) 0 (9,429) Other adjustments (138) (14) 206 (18) 0 36 Balance at original discount rate, EOP 141,478 20,216 78,275 84,831 12,676 337,476 Effect of cumulative changes in discount rate assumptions, EOP (24,887) (1,856) (5,296) (11,846) (2,305) (46,190) Balance, EOP $ 116,591 $ 18,360 $ 72,979 $ 72,985 $ 10,371 $ 291,286 Other businesses, EOP 1,635 Total balance, EOP $ 292,921 Nine Months Ended September 30, 2023 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 64,789 $ 7,750 $ 45,304 $ 47,523 $ 7,299 $ 172,665 Flooring impact, EOP 0 2 27 31 0 60 Balance, EOP, post-flooring 64,789 7,752 45,331 47,554 7,299 172,725 Less: Reinsurance recoverables 4,810 696 96 189 0 5,791 Balance after reinsurance recoverables, EOP, post-flooring $ 59,979 $ 7,056 $ 45,235 $ 47,365 $ 7,299 $ 166,934 Other businesses, EOP(1) 1,482 Total balance after reinsurance recoverables, EOP $ 168,416 __________ (1) Reflects balance after reinsurance recoverables of $62 million and $69 million at September 30, 2024 and 2023, respectively. The following tables provide supplemental information related to the balances of and changes in Benefit Reserves included in the disaggregated tables above, on a gross (direct and assumed) basis, as of and for the period indicated: Nine Months Ended September 30, 2024 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 145,066 $ 22,937 $ 63,514 $ 51,059 $ 6,758 Discounted expected future gross premiums (at original discount rate) $ 96,557 $ 15,183 $ 49,274 $ 41,069 $ 4,488 Discounted expected future gross premiums (at current discount rate) $ 80,840 $ 15,067 $ 48,327 $ 40,061 $ 4,502 Undiscounted expected future benefits and expenses $ 274,739 $ 31,059 $ 132,310 $ 133,511 $ 29,908 Weighted-average duration of the liability in years (at original discount rate) 8 10 18 18 17 Weighted-average duration of the liability in years (at current discount rate) 8 9 17 16 16 Weighted-average interest rate (at original discount rate) 4.74 % 5.14 % 3.43 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 4.96 % 4.91 % 3.36 % 3.25 % 5.24 % Nine Months Ended September 30, 2023 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 108,863 $ 23,147 $ 68,665 $ 56,169 $ 6,854 Discounted expected future gross premiums (at original discount rate) $ 75,372 $ 15,381 $ 53,078 $ 45,102 $ 4,496 Discounted expected future gross premiums (at current discount rate) $ 56,962 $ 14,120 $ 50,753 $ 42,804 $ 4,167 Undiscounted expected future benefits and expenses $ 217,931 $ 31,164 $ 137,378 $ 139,536 $ 30,897 Weighted-average duration of the liability in years (at original discount rate) 9 10 20 19 18 Weighted-average duration of the liability in years (at current discount rate) 8 9 19 17 17 Weighted-average interest rate (at original discount rate) 4.57 % 5.17 % 3.46 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 6.02 % 6.01 % 3.37 % 3.26 % 6.30 % The balances of and changes in DPL as of and for the period indicated are as follows: Nine Months Ended September 30, 2024 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,615 $ 3,956 $ 5,303 $ 14,874 Less: Flooring impact, BOP 0 1 1 2 Balance, BOP, pre-flooring 5,615 3,955 5,302 14,872 Effect of assumption update 370 (150) (138) 82 Effect of actual variances from expected experience and other activity (69) (20) (33) (122) Adjusted balance, BOP 5,916 3,785 5,131 14,832 Profits deferred 112 1,164 874 2,150 Interest accrual 177 122 116 415 Amortization (441) (851) (737) (2,029) Foreign currency adjustment 14 (76) (32) (94) Other adjustments 0 22 0 22 Balance, EOP, pre-flooring 5,778 4,166 5,352 15,296 Flooring impact, EOP 0 1 2 3 Balance, EOP, post-flooring 5,778 4,167 5,354 15,299 Less: Reinsurance recoverables 396 10 31 437 Balance after reinsurance recoverables, EOP, post-flooring $ 5,382 $ 4,157 $ 5,323 14,862 Other businesses 156 Total balance after reinsurance recoverables, EOP $ 15,018 Nine Months Ended September 30, 2023 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,532 $ 3,379 $ 5,261 $ 14,172 Less: Flooring impact, BOP 0 0 1 1 Balance, BOP, pre-flooring 5,532 3,379 5,260 14,171 Effect of assumption update 35 (67) (228) (260) Effect of actual variances from expected experience and other activity 4 (4) (32) (32) Adjusted balance, BOP 5,571 3,308 5,000 13,879 Profits deferred 294 1,271 1,017 2,582 Interest accrual 170 109 114 393 Amortization (424) (869) (765) (2,058) Foreign currency adjustment 2 (128) (251) (377) Other adjustments 0 24 0 24 Balance, EOP, pre-flooring 5,613 3,715 5,115 14,443 Flooring impact, EOP 0 0 1 1 Balance, EOP, post-flooring 5,613 3,715 5,116 14,444 Less: Reinsurance recoverables 383 8 10 401 Balance after reinsurance recoverables, EOP, post-flooring $ 5,230 $ 3,707 $ 5,106 14,043 Other businesses 145 Total balance after reinsurance recoverables, EOP $ 14,188 The following table shows a rollforward of AIR balances for variable and universal life products within Individual Life, which is the only line of business that contains a material AIR balance, for the period indicated, along with a reconciliation to the Company’s total AIR balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, including amounts in AOCI, BOP, post-flooring $ 14,308 $ 12,684 Flooring impact and amounts in AOCI 843 1,285 Balance, excluding amounts in AOCI, BOP, pre-flooring 15,151 13,969 Effect of assumption update 153 23 Effect of actual variances from expected experience and other activity 315 (13) Adjusted balance, BOP 15,619 13,979 Assessments collected(1) 852 836 Interest accrual 399 362 Benefits paid (268) (223) Other adjustments 13 0 Balance, excluding amounts in AOCI, EOP, pre-flooring 16,615 14,954 Flooring impact and amounts in AOCI (352) (1,737) Balance, including amounts in AOCI, EOP, post-flooring 16,263 13,217 Less: Reinsurance recoverables 8,287 5,286 Balance after reinsurance recoverables, including amounts in AOCI, EOP 7,976 7,931 Other businesses 75 123 Total balance after reinsurance recoverables $ 8,051 $ 8,054 __________ (1) Represents the portion of gross assessments required to fund the future policy benefits. Nine Months Ended September 30, 2024 2023 Weighted-average duration of the liability in years (at original discount rate) 22 22 Weighted-average interest rate (at original discount rate) 3.40 % 3.36 % The following table presents the reconciliation of the ending balances from above rollforwards, Benefit Reserves, DPL, and AIR including other liabilities, gross of related reinsurance recoverable, to the total liability for Future Policy Benefits on the Company's Consolidated Statement of Financial Position as of the periods indicated: Nine Months Ended September 30, 2024 2023 (in millions) Benefit reserves, EOP, post-flooring $ 203,297 $ 174,276 Deferred Profit Liability EOP, post-flooring 15,455 14,589 Additional insurance reserves, including amounts in AOCI, EOP, post-flooring 16,338 13,340 Subtotal of amounts disclosed above 235,090 202,205 Other Future Policy Benefits reserves(1) 50,384 51,346 Total Future Policy Benefits $ 285,474 $ 253,551 __________ (1) The following tables present revenue and interest expense related to Benefit Reserves, DPL, and AIR in the Company's Consolidated Statement of Operations as of the periods indicated: Nine Months Ended September 30, 2024 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 21,128 $ 1,384 $ 0 $ 4,359 $ 4,163 $ 419 $ 31,453 Deferred profit liability (149) 0 0 (287) (82) (7) (525) Additional insurance reserves 0 0 2,455 0 0 0 2,455 Total $ 20,979 $ 1,384 $ 2,455 $ 4,072 $ 4,081 $ 412 $ 33,383 Nine Months Ended September 30, 2023 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 9,310 $ 1,384 $ 0 $ 4,849 $ 4,741 $ 415 $ 20,699 Deferred profit liability (79) 0 0 (464) (105) 37 (611) Additional insurance reserves 0 0 2,357 0 0 0 2,357 Total $ 9,231 $ 1,384 $ 2,357 $ 4,385 $ 4,636 $ 452 $ 22,445 Nine Months Ended September 30, 2024 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,483 $ 310 $ 0 $ 1,287 $ 1,105 $ 379 $ 5,564 Deferred profit liability 177 0 0 122 116 3 418 Additional insurance reserves 0 0 399 1 0 0 400 Total $ 2,660 $ 310 $ 399 $ 1,410 $ 1,221 $ 382 $ 6,382 Nine Months Ended September 30, 2023 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,132 $ 303 $ 0 $ 1,297 $ 1,135 $ 366 $ 5,233 Deferred profit liability 170 0 0 109 114 3 396 Additional insurance reserves 0 0 362 1 0 0 363 Total $ 2,302 $ 303 $ 362 $ 1,407 $ 1,249 $ 369 $ 5,992 __________ (1) Represents gross premiums for benefit reserves, gross premiums, excluding impact of foreign currency adjustments for DPL and gross assessments for AIR.
Additional Liability, Long-Duration Insurance	The balance of and changes in URR as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 4,613 $ 359 $ 95 $ 5,067 Unearned revenue 653 107 15 775 Amortization expense (179) (12) (4) (195) Other adjustments 0 (56) (1) (57) FX adjustment 0 1 0 1 Balance, EOP 5,087 399 105 5,591 Less: Reinsurance recoverables 409 0 0 409 Balance after reinsurance recoverables, EOP $ 4,678 $ 399 $ 105 $ 5,182 Other businesses 56 Total balance after reinsurance recoverables, EOP $ 5,238 Nine Months Ended September 30, 2023 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 3,983 $ 231 $ 81 $ 4,295 Unearned revenue 622 100 16 738 Amortization expense (154) (7) (4) (165) Other adjustments 0 2 0 2 FX adjustment 0 (22) (5) (27) Balance, EOP 4,451 304 88 4,843 Less: Reinsurance recoverables 0 0 0 0 Balance after reinsurance recoverables, EOP $ 4,451 $ 304 $ 88 $ 4,843 Other businesses 50 Total balance after reinsurance recoverables, EOP $ 4,893
Market Risk Benefit, Activity	The following table shows a rollforward of MRB balances for variable annuity products within Individual Retirement Strategies, which is the only line of business that contains a material MRB balance, along with a reconciliation to the Company’s total net MRB positions as of the following dates: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 4,038 $ 4,987 Effect of cumulative changes in NPR 1,137 1,828 Balance, BOP, before effect of changes in NPR 5,175 6,815 Attributed fees collected 850 899 Claims paid (61) (83) Interest accrual 187 255 Actual in force different from expected 16 54 Effect of changes in interest rates 54 (2,986) Effect of changes in equity markets (1,712) (995) Effect of assumption update 93 342 Issuances 52 15 Other adjustments 14 (24) Balance, EOP, before effect of changes in NPR 4,668 4,292 Effect of cumulative changes in NPR (996) (1,301) Balance, EOP 3,672 2,991 Less: Reinsured MRBs 681 610 Balance, EOP, net of reinsurance 2,991 2,381 Other businesses 53 79 Total net MRB balance $ 3,044 $ 2,460 The following table presents accompanying information to the rollforward table above. September 30, 2024 September 30, 2023 ($ in millions) Net amount at risk(1) $ 7,878 $ 13,417 Weighted-average attained age of contractholders 71 70 __________ (1) For contracts with multiple benefit features, the highest net amount at risk for each contract is included. The tables below reconcile MRB asset and liability positions as of the following dates: September 30, 2024 Retirement Strategies Individual Variable Other Businesses Total (in millions) Direct and assumed $ 1,308 $ 10 $ 1,318 Ceded 814 2 816 Total MRB assets $ 2,122 $ 12 $ 2,134 Direct and assumed $ 4,980 $ 65 $ 5,045 Ceded 133 0 133 Total MRB liabilities $ 5,113 $ 65 $ 5,178 Net liability $ 2,991 $ 53 $ 3,044 September 30, 2023 Retirement Strategies Individual Variable Other Businesses Total (in millions) Direct and assumed $ 1,430 $ 10 $ 1,440 Ceded 757 3 760 Total MRB assets $ 2,187 $ 13 $ 2,200 Direct and assumed $ 4,421 $ 92 $ 4,513 Ceded 147 0 147 Total MRB liabilities $ 4,568 $ 92 $ 4,660 Net liability $ 2,381 $ 79 $ 2,460

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2024
Investments [Abstract]
Fixed Maturities, Available-for-sale, Debt Securities	The following tables set forth the composition of fixed maturity securities (excluding investments classified as trading), as of the dates indicated: September 30, 2024 Amortized Gross Gross Allowance for Credit Losses Fair (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 28,379 $ 1,063 $ 3,794 $ 0 $ 25,648 Obligations of U.S. states and their political subdivisions 7,216 224 411 0 7,029 Foreign government securities 70,344 2,668 7,552 0 65,460 U.S. public corporate securities 115,390 2,946 8,049 79 110,208 U.S. private corporate securities(1) 45,419 1,101 2,010 31 44,479 Foreign public corporate securities 24,278 576 1,016 25 23,813 Foreign private corporate securities 37,940 1,006 2,913 100 35,933 Asset-backed securities(2) 16,062 228 67 0 16,223 Commercial mortgage-backed securities 9,616 75 419 0 9,272 Residential mortgage-backed securities(3) 2,784 35 154 0 2,665 Total fixed maturities, available-for-sale(1) $ 357,428 $ 9,922 $ 26,385 $ 235 $ 340,730 __________ (1) Excludes notes with amortized cost of $14,126 million (fair value, $14,137 million), which have been offset with the associated debt under a netting agreement. (2) Includes credit-tranched securities collateralized by loan obligations, home equity loans, auto loans, education loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. December 31, 2023 Amortized Gross Gross Allowance for Credit Losses Fair (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 24,874 $ 1,091 $ 4,169 $ 0 $ 21,796 Obligations of U.S. states and their political subdivisions 8,650 267 459 0 8,458 Foreign government securities 71,556 3,895 5,208 53 70,190 U.S. public corporate securities 105,593 2,357 9,711 67 98,172 U.S. private corporate securities(1) 42,801 807 2,574 14 41,020 Foreign public corporate securities 20,473 487 1,298 19 19,643 Foreign private corporate securities 35,128 613 3,446 5 32,290 Asset-backed securities(2) 12,514 202 119 2 12,595 Commercial mortgage-backed securities 10,571 34 713 0 9,892 Residential mortgage-backed securities(3) 2,438 24 197 0 2,265 Total fixed maturities, available-for-sale(1) $ 334,598 $ 9,777 $ 27,894 $ 160 $ 316,321 __________ (1) Excludes notes with amortized cost of $12,370 million (fair value, $12,370 million), which have been offset with the associated debt under a netting agreement. (2) Includes credit-tranched securities collateralized by loan obligations, education loans, auto loans, home equity loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations.
Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value	The following tables set forth the fair value and gross unrealized losses on available-for-sale fixed maturity securities without an allowance for credit losses aggregated by investment category and length of time that individual fixed maturity securities had been in a continuous unrealized loss position, as of the dates indicated: September 30, 2024 Less Than Twelve Months Total Fair Gross Fair Gross Fair Gross (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 3,156 $ 31 $ 12,202 $ 3,763 $ 15,358 $ 3,794 Obligations of U.S. states and their political subdivisions 728 10 3,626 401 4,354 411 Foreign government securities 5,197 148 24,001 7,404 29,198 7,552 U.S. public corporate securities 6,077 96 55,020 7,945 61,097 8,041 U.S. private corporate securities 2,139 68 26,030 1,941 28,169 2,009 Foreign public corporate securities 1,644 18 9,241 991 10,885 1,009 Foreign private corporate securities 614 48 20,833 2,862 21,447 2,910 Asset-backed securities 1,140 26 1,456 41 2,596 67 Commercial mortgage-backed securities 76 0 6,761 419 6,837 419 Residential mortgage-backed securities 40 0 1,472 154 1,512 154 Total fixed maturities, available-for-sale $ 20,811 $ 445 $ 160,642 $ 25,921 $ 181,453 $ 26,366 December 31, 2023 Less Than Twelve Months Total Fair Gross Fair Gross Fair Gross (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 2,718 $ 95 $ 12,642 $ 4,074 $ 15,360 $ 4,169 Obligations of U.S. states and their political subdivisions 862 14 3,816 445 4,678 459 Foreign government securities 9,098 542 19,589 4,664 28,687 5,206 U.S. public corporate securities 4,881 103 61,204 9,604 66,085 9,707 U.S. private corporate securities 3,026 69 27,062 2,504 30,088 2,573 Foreign public corporate securities 1,766 37 10,812 1,246 12,578 1,283 Foreign private corporate securities 1,578 120 22,145 3,324 23,723 3,444 Asset-backed securities 846 30 5,886 89 6,732 119 Commercial mortgage-backed securities 287 3 8,251 710 8,538 713 Residential mortgage-backed securities 92 2 1,599 195 1,691 197 Total fixed maturities, available-for-sale $ 25,154 $ 1,015 $ 173,006 $ 26,855 $ 198,160 $ 27,870
Fixed Maturities Classified by Contractual Maturity Date	The following table sets forth the amortized cost and fair value of fixed maturities by contractual maturities, as of the date indicated: September 30, 2024 Available-for-sale Amortized Cost Fair Value (in millions) Fixed maturities: Due in one year or less $ 11,756 $ 11,725 Due after one year through five years 60,508 60,735 Due after five years through ten years(1) 63,078 63,885 Due after ten years(1) 193,624 176,225 Asset-backed securities 16,062 16,223 Commercial mortgage-backed securities 9,616 9,272 Residential mortgage-backed securities 2,784 2,665 Total $ 357,428 $ 340,730 __________ (1) Excludes notes with amortized cost of $14,126 million (fair value, $14,137 million), which have been offset with the associated debt under a netting agreement.
Sources of Fixed Maturity Proceeds and Related Investment Gains (Losses) as well as Losses on Impairments	The following table sets forth the sources of fixed maturity proceeds and related investment gains (losses), as well as losses on write-downs and the allowance for credit losses of fixed maturities, for the periods indicated: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Fixed maturities, available-for-sale: Proceeds from sales(1) $ 9,406 $ 6,619 $ 23,480 $ 20,741 Proceeds from maturities/prepayments 5,133 4,051 16,213 12,092 Gross investment gains from sales and maturities 357 295 952 724 Gross investment losses from sales and maturities (687) (734) (1,957) (1,436) Write-downs recognized in earnings(2) (440) (53) (449) (63) (Addition to) release of allowance for credit losses (66) 37 (99) (101) Fixed maturities, held-to-maturity: Proceeds from maturities/prepayments(3) $ 0 $ 4 $ 0 $ 21 (Addition to) release of allowance for credit losses 0 2 0 2 __________ (1) Excludes activity from non-cash related proceeds due to the timing of trade settlements of $146 million and $(90) million for the nine months ended September 30, 2024 and 2023, respectively. (2) Amounts represent securities actively marketed for sale, securities where it is more likely than not the Company will be required to sell prior to the recovery of the amortized cost basis and write-downs on credit adverse securities. (3) Excludes activity from non-cash related proceeds due to the timing of trade settlements of $1 million for the nine months ended September 30, 2023.
Allowance for Credit Losses for Fixed Maturity Securities	The following tables set forth the activity in the allowance for credit losses for fixed maturity securities, as of the dates indicated: Three Months Ended September 30, 2024 U.S. Treasury Securities and Obligations of U.S. States Foreign Government Securities U.S. and Foreign Corporate Securities Asset-Backed Securities Commercial Mortgage-Backed Securities Residential Mortgage-Backed Securities Total (in millions) Fixed maturities, available-for-sale: Balance, beginning of period $ 0 $ 0 $ 168 $ 1 $ 0 $ 0 $ 169 Additions to allowance for credit losses not previously recorded 0 0 59 0 0 0 59 Reductions for securities sold during the period 0 0 (7) 0 0 0 (7) Additions (reductions) on securities with previous allowance 0 0 16 (1) 0 0 15 Change in foreign exchange 0 0 (1) 0 0 0 (1) Balance, end of period $ 0 $ 0 $ 235 $ 0 $ 0 $ 0 $ 235 Three Months Ended September 30, 2023 U.S. Treasury Securities and Obligations of U.S. States Foreign Government Securities U.S. and Foreign Corporate Securities Asset-Backed Securities Commercial Mortgage-Backed Securities Residential Mortgage-Backed Securities Total (in millions) Fixed maturities, available-for-sale: Balance, beginning of period $ 0 $ 56 $ 219 $ 1 $ 0 $ 0 $ 276 Additions to allowance for credit losses not previously recorded 0 0 9 0 0 0 9 Reductions for securities sold during the period 0 0 (71) 0 0 0 (71) Additions (reductions) on securities with previous allowance 0 8 16 1 0 0 25 Balance, end of period $ 0 $ 64 $ 173 $ 2 $ 0 $ 0 $ 239 Nine Months Ended September 30, 2024 U.S. Treasury Securities and Obligations of U.S. States Foreign Government Securities U.S. and Foreign Corporate Securities Asset-Backed Securities Commercial Mortgage-Backed Securities Residential Mortgage-Backed Securities Total (in millions) Fixed maturities, available-for-sale: Balance, beginning of period $ 0 $ 53 $ 105 $ 2 $ 0 $ 0 $ 160 Additions to allowance for credit losses not previously recorded 0 0 118 0 0 0 118 Reductions for securities sold during the period 0 (30) (27) 0 0 0 (57) Additions (reductions) on securities with previous allowance 0 (23) 40 (2) 0 0 15 Change in foreign exchange 0 0 (1) 0 0 0 (1) Balance, end of period $ 0 $ 0 $ 235 $ 0 $ 0 $ 0 $ 235 Nine Months Ended September 30, 2023 U.S. Treasury Securities and Obligations of U.S. States Foreign Government Securities U.S. and Foreign Corporate Securities Asset-Backed Securities Commercial Mortgage-Backed Securities Residential Mortgage-Backed Securities Total (in millions) Fixed maturities, available-for-sale: Balance, beginning of period $ 0 $ 1 $ 136 $ 1 $ 0 $ 0 $ 138 Additions to allowance for credit losses not previously recorded 0 62 87 0 0 0 149 Reductions for securities sold during the period 0 0 (116) 0 0 0 (116) Additions (reductions) on securities with previous allowance 0 1 66 1 0 0 68 Balance, end of period $ 0 $ 64 $ 173 $ 2 $ 0 $ 0 $ 239
Assets Supporting Experience-Rated Contractholder Liabilities	The following table sets forth the composition of “Assets supporting experience-rated contractholder liabilities,” as of the dates indicated: September 30, 2024 December 31, 2023 Amortized Fair Amortized Fair (in millions) Fixed maturities: Corporate securities $ 76 $ 75 $ 81 $ 79 Foreign government securities 608 606 606 604 Obligations of U.S. government authorities and agencies and obligations of U.S. states 222 224 202 206 Total fixed maturities(1) 906 905 889 889 Equity securities 1,787 2,749 1,607 2,279 Total assets supporting experience-rated contractholder liabilities(2) $ 2,693 $ 3,654 $ 2,496 $ 3,168 __________ (1) As a percentage of amortized cost, 99% of the portfolio was considered high or highest quality based on NAIC or equivalent ratings as of both September 30, 2024 and December 31, 2023. (2) As a percentage of amortized cost, 100% of the portfolio consisted of public securities as of both September 30, 2024 and December 31, 2023.
Securities Concentrations of Credit Risk	As of the dates indicated, the Company’s exposure to concentrations of credit risk of single issuers greater than 10% of the Company’s equity included securities of the U.S. government and certain U.S. government agencies and securities guaranteed by the U.S. government, as well as the securities disclosed below: September 30, 2024 December 31, 2023 Amortized Fair Amortized Fair (in millions) Investments in Japanese government and government agency securities: Fixed maturities, available-for-sale $ 62,117 $ 57,669 $ 62,591 $ 61,484 Fixed maturities, trading 20 19 19 19 Assets supporting experience-rated contractholder liabilities 527 519 522 514 Total $ 62,664 $ 58,207 $ 63,132 $ 62,017 September 30, 2024 December 31, 2023 Amortized Fair Amortized Fair (in millions) Investments in Brazil government and government agency securities: Fixed maturities, available-for-sale $ 3,005 $ 2,688 $ 3,028 $ 2,992 Fixed maturities, trading 48 47 0 0 Short-term investments 18 18 0 0 Cash equivalents 250 250 427 427 Total $ 3,321 $ 3,003 $ 3,455 $ 3,419
Commercial Mortgage and Other Loans	The following table sets forth the composition of “Commercial mortgage and other loans,” as of the dates indicated: September 30, 2024 December 31, 2023 Amount % of Amount % of ($ in millions) Commercial mortgage and agricultural property loans by property type: Office $ 8,216 13.2 % $ 8,402 14.2 % Retail 5,409 8.7 5,384 9.1 Apartments/Multi-Family 17,710 28.5 16,555 28.0 Industrial 16,463 26.5 15,263 25.8 Hospitality 2,010 3.2 2,086 3.5 Other 4,507 7.4 4,069 6.9 Total commercial mortgage loans 54,315 87.5 51,759 87.5 Agricultural property loans 7,738 12.5 7,426 12.5 Total commercial mortgage and agricultural property loans 62,053 100.0 % 59,185 100.0 % Allowance for credit losses (555) (459) Total net commercial mortgage and agricultural property loans 61,498 58,726 Other loans: Uncollateralized loans 674 425 Residential property loans 23 30 Other collateralized loans 426 125 Total other loans 1,123 580 Allowance for credit losses (48) (1) Total net other loans 1,075 579 Total net commercial mortgage and other loans(1) $ 62,573 $ 59,305 __________ (1) Includes loans which are carried at fair value under the fair value option and are collateralized primarily by apartment complexes. As of September 30, 2024 and December 31, 2023, the net carrying value of these loans was $1,098 million and $519 million, respectively. Commercial Mortgage Loan Commitments September 30, December 31, (in millions) Total outstanding mortgage loan commitments $ 2,294 $ 1,798 Portion of commitment where prearrangement to sell to investor exists $ 514 $ 366 Indemnification of Serviced Mortgage Loans September 30, December 31, (in millions) Maximum exposure under indemnification agreements for mortgage loans serviced by the Company $ 3,189 $ 3,102 First-loss exposure portion of above $ 922 $ 898 Accrued liability associated with guarantees(1) $ 26 $ 28 __________ (1) The accrued liability associated with guarantees includes an allowance for credit losses of $12 million and $14 million as of September 30, 2024 and December 31, 2023, respectively. The change in allowance was a reduction of $1 million for both the three months ended September 30, 2024 and 2023, and a reduction of $2 million for both the nine months ended September 30, 2024 and 2023.
Allowance for Credit Losses	The following tables set forth the activity in the allowance for credit losses for commercial mortgage and other loans, for the periods indicated: Three Months Ended September 30, 2024 Commercial Agricultural Residential Other Uncollateralized Total (in millions) Allowance, beginning of period $ 489 $ 24 $ 0 $ 33 $ 18 $ 564 Addition to (release of) allowance for expected losses (6) 53 0 (1) (2) 44 Write-offs charged against the allowance 0 (5) 0 0 0 (5) Change in foreign exchange 0 0 0 0 0 0 Allowance, end of period $ 483 $ 72 $ 0 $ 32 $ 16 $ 603 Three Months Ended September 30, 2023 Commercial Agricultural Residential Other Uncollateralized Total (in millions) Allowance, beginning of period $ 224 $ 16 $ 0 $ 0 $ 1 $ 241 Addition to (release of) allowance for expected losses 90 0 0 0 0 90 Change in foreign exchange 1 0 0 0 0 1 Allowance, end of period $ 315 $ 16 $ 0 $ 0 $ 1 $ 332 Nine Months Ended September 30, 2024 Commercial Agricultural Residential Other Uncollateralized Total (in millions) Allowance, beginning of period $ 443 $ 16 $ 0 $ 0 $ 1 $ 460 Addition to (release of) allowance for expected losses 41 61 0 32 15 149 Write-offs charged against the allowance 0 (5) 0 0 0 (5) Reduction for loans sold during the period 0 0 0 0 0 0 Change in foreign exchange (1) 0 0 0 0 (1) Allowance, end of period $ 483 $ 72 $ 0 $ 32 $ 16 $ 603 Nine Months Ended September 30, 2023 Commercial Agricultural Residential Other Uncollateralized Total (in millions) Allowance, beginning of period $ 188 $ 13 $ 0 $ 0 $ 2 $ 203 Addition to (release of) allowance for expected losses 125 3 0 0 0 128 Reduction for loans sold during the period 0 0 0 0 (1) (1) Change in foreign exchange 2 0 0 0 0 2 Allowance, end of period $ 315 $ 16 $ 0 $ 0 $ 1 $ 332
Financing Receivable Credit Quality Indicators	The following tables set forth key credit quality indicators based upon the recorded investment gross of allowance for credit losses, as of the dates indicated: September 30, 2024 Amortized Cost by Origination Year 2024 2023 2022 2021 2020 Prior Revolving Loans Total (in millions) Commercial mortgage loans Loan-to-Value Ratio: 0%-59.99% $ 1,265 $ 1,631 $ 1,021 $ 2,186 $ 1,234 $ 17,757 $ 11 $ 25,105 60%-69.99% 4,334 2,585 1,040 2,355 1,048 5,879 0 17,241 70%-79.99% 467 911 1,110 1,355 447 2,258 0 6,548 80% or greater 50 137 495 229 282 4,228 0 5,421 Total $ 6,116 $ 5,264 $ 3,666 $ 6,125 $ 3,011 $ 30,122 $ 11 $ 54,315 Debt Service Coverage Ratio: Greater than 1.2x $ 5,436 $ 4,779 $ 3,140 $ 6,022 $ 2,853 $ 27,250 $ 11 $ 49,491 1.0 - 1.2x 597 335 374 52 104 1,556 0 3,018 Less than 1.0x 83 150 152 51 54 1,316 0 1,806 Total $ 6,116 $ 5,264 $ 3,666 $ 6,125 $ 3,011 $ 30,122 $ 11 $ 54,315 Agricultural property loans Loan-to-Value Ratio: 0%-59.99% $ 344 $ 374 $ 897 $ 2,019 $ 686 $ 1,789 $ 132 $ 6,241 60%-69.99% 58 555 124 10 53 43 0 843 70%-79.99% 0 0 0 0 0 3 0 3 80% or greater 0 6 517 0 71 5 52 651 Total $ 402 $ 935 $ 1,538 $ 2,029 $ 810 $ 1,840 $ 184 $ 7,738 Debt Service Coverage Ratio: Greater than 1.2x $ 394 $ 866 $ 1,004 $ 1,976 $ 737 $ 1,632 $ 132 $ 6,741 1.0 - 1.2x 8 64 526 45 57 153 52 905 Less than 1.0x 0 5 8 8 16 55 0 92 Total $ 402 $ 935 $ 1,538 $ 2,029 $ 810 $ 1,840 $ 184 $ 7,738 December 31, 2023 Amortized Cost by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Loans Total (in millions) Commercial mortgage loans Loan-to-Value Ratio: 0%-59.99% $ 1,822 $ 911 $ 2,264 $ 1,437 $ 3,205 $ 16,569 $ 0 $ 26,208 60%-69.99% 2,765 1,440 2,541 1,107 2,146 4,530 0 14,529 70%-79.99% 1,001 1,004 1,278 401 1,013 2,277 0 6,974 80% or greater 145 357 203 330 209 2,804 0 4,048 Total $ 5,733 $ 3,712 $ 6,286 $ 3,275 $ 6,573 $ 26,180 $ 0 $ 51,759 Debt Service Coverage Ratio: Greater than 1.2x $ 5,237 $ 3,194 $ 6,122 $ 3,182 $ 5,988 $ 23,196 $ 0 $ 46,919 1.0 - 1.2x 346 366 82 38 265 1,713 0 2,810 Less than 1.0x 150 152 82 55 320 1,271 0 2,030 Total $ 5,733 $ 3,712 $ 6,286 $ 3,275 $ 6,573 $ 26,180 $ 0 $ 51,759 Agricultural property loans Loan-to-Value Ratio: 0%-59.99% $ 360 $ 880 $ 2,027 $ 774 $ 455 $ 1,481 $ 74 $ 6,051 60%-69.99% 586 668 25 50 20 4 0 1,353 70%-79.99% 7 0 0 0 0 0 0 7 80% or greater 0 0 0 0 15 0 0 15 Total $ 953 $ 1,548 $ 2,052 $ 824 $ 490 $ 1,485 $ 74 $ 7,426 Debt Service Coverage Ratio: Greater than 1.2x $ 948 $ 1,535 $ 2,040 $ 750 $ 489 $ 1,290 $ 74 $ 7,126 1.0 - 1.2x 0 5 4 58 0 151 0 218 Less than 1.0x 5 8 8 16 1 44 0 82 Total $ 953 $ 1,548 $ 2,052 $ 824 $ 490 $ 1,485 $ 74 $ 7,426
Amortized Cost Basis of Loan Modifications made to Borrowers Experiencing Financial Difficulties	The following tables set forth the amortized cost basis of loan modifications made to borrowers experiencing financial difficulties for the dates indicated: Three Months Ended September 30, 2024 Term Extension % of Amortized Cost Other Than Insignificant Delay in Payment % of Amortized Cost ($ in millions) Commercial mortgage loans $ 0 0.0 % $ 195 0.4 % Agricultural property loans $ 0 0.0 % $ 0 0.0 % Nine Months Ended September 30, 2024 Term Extension % of Amortized Cost Other Than Insignificant Delay in Payment % of Amortized Cost ($ in millions) Commercial mortgage loans $ 341 0.6 % $ 195 0.4 % Agricultural property loans $ 3 0.0 % $ 0 0.0 %
Aging of Past Due Commercial Mortgage and Other Loans and Nonaccrual Status	The following tables set forth an aging of past due commercial mortgage and other loans based upon the recorded investment gross of allowance for credit losses, as well as the amount of commercial mortgage and other loans on non-accrual status, as of the dates indicated: September 30, 2024 Current 30-59 Days 60-89 Days 90 Days or More Past Due(1)(2) Total Past Total Non-Accrual (in millions) Commercial mortgage loans $ 54,054 $ 0 $ 0 $ 261 $ 261 $ 54,315 $ 297 Agricultural property loans 6,984 0 11 743 754 7,738 749 Residential property loans 23 0 0 0 0 23 0 Other collateralized loans 426 0 0 0 0 426 0 Uncollateralized loans 674 0 0 0 0 674 25 Total $ 62,161 $ 0 $ 11 $ 1,004 $ 1,015 $ 63,176 $ 1,071 __________ (1) As of September 30, 2024, there were no loans in this category accruing interest. (2) Includes loans for which no credit losses are expected due to U.S. agency guarantees. (3) For additional information regarding the Company’s policies for accruing interest on loans, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. December 31, 2023 Current 30-59 Days 60-89 Days 90 Days or More Past Due(1)(2) Total Past Total Non-Accrual Status(3) (in millions) Commercial mortgage loans $ 51,665 $ 34 $ 0 $ 60 $ 94 $ 51,759 $ 94 Agricultural property loans 7,392 15 15 4 34 7,426 38 Residential property loans 30 0 0 0 0 30 0 Other collateralized loans 125 0 0 0 0 125 0 Uncollateralized loans 425 0 0 0 0 425 25 Total $ 59,637 $ 49 $ 15 $ 64 $ 128 $ 59,765 $ 157 __________ (1) As of December 31, 2023, there were no loans in this category accruing interest. (2) Primarily includes loans for which no credit losses are expected due to U.S. agency guarantees. (3) For additional information regarding the Company’s policies for accruing interest on loans, see Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.
Other Invested Assets	The following table sets forth the composition of “Other invested assets,” as of the dates indicated: September 30, 2024 December 31, 2023 (in millions) LPs/LLCs: Equity method: Private equity $ 10,129 $ 8,929 Hedge funds 3,079 3,164 Real estate-related 2,992 2,578 Subtotal equity method 16,200 14,671 Fair value: Private equity 2,020 1,247 Hedge funds 2,036 2,078 Real estate-related 947 800 Subtotal fair value 5,003 4,125 Total LPs/LLCs 21,203 18,796 Real estate held through direct ownership(1) 1,825 1,794 Derivative instruments 1,147 1,100 Other(2) 1,192 1,165 Total other invested assets $ 25,367 $ 22,855 _________ (1) As of September 30, 2024 and December 31, 2023, real estate held through direct ownership had mortgage debt of $151 million and $158 million, respectively. (2) Primarily includes equity investments accounted for under the measurement alternative, strategic investments made by investment management operations, leveraged leases and member and activity stock held in the Federal Home Loan Bank of New York. For additional information regarding the Company’s holdings in the Federal Home Loan Bank of New York, see Note 18 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.
Accrued Investment Income	The following table sets forth the composition of “Accrued investment income,” as of the dates indicated: September 30, 2024 December 31, 2023 (in millions) Fixed maturities $ 2,987 $ 2,727 Equity securities 9 6 Commercial mortgage and other loans 223 224 Policy loans 253 259 Other invested assets 30 23 Short-term investments and cash equivalents 64 48 Total accrued investment income $ 3,566 $ 3,287
Net Investment Income	The following table sets forth “Net investment income” by investment type, for the periods indicated: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Fixed maturities, available-for-sale(1) $ 3,805 $ 3,390 $ 11,100 $ 9,921 Fixed maturities, held-to-maturity(1) 0 48 0 148 Fixed maturities, trading 146 65 392 177 Assets supporting experience-rated contractholder liabilities 14 9 41 34 Equity securities 35 38 134 142 Commercial mortgage and other loans 654 578 1,907 1,681 Policy loans 127 124 368 372 Other invested assets 331 352 898 1,046 Short-term investments and cash equivalents 299 260 881 720 Gross investment income 5,411 4,864 15,721 14,241 Less: investment expenses (356) (293) (1,053) (874) Net investment income $ 5,055 $ 4,571 $ 14,668 $ 13,367 __________ (1) Includes income on credit-linked notes which are reported on the same financial statement line as related surplus notes, as conditions are met for right to offset.
Realized Investment Gains (Losses), Net	The following table sets forth “Realized investment gains (losses), net” by investment type, for the periods indicated: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Fixed maturities(1) $ (836) $ (453) $ (1,553) $ (874) Commercial mortgage and other loans (41) (83) (136) (109) Investment real estate 2 22 (4) 49 LPs/LLCs 16 (4) 39 (21) Derivatives(2) (759) (1,857) (162) (2,162) Other(2) (226) (27) (502) (6) Realized investment gains (losses), net $ (1,844) $ (2,402) $ (2,318) $ (3,123) __________ (1) Excludes fixed maturity securities classified as trading. (2) Prior period has been revised to conform to current period presentation.
Net Unrealized Gains (Losses) on Investment	The following table sets forth net unrealized gains (losses) on investments, as of the dates indicated: September 30, 2024 December 31, 2023 (in millions) Fixed maturity securities, available-for-sale with an allowance $ (121) $ (72) Fixed maturity securities, available-for-sale without an allowance (16,342) (18,045) Derivatives designated as cash flow hedges(1) 694 869 Derivatives designated as fair value hedges(1) (164) (60) Other investments(2) 85 57 Net unrealized gains (losses) on investments $ (15,848) $ (17,251) __________ (1) For additional information regarding cash flow and fair value hedges, see Note 5. (2) Includes net unrealized gains on certain joint ventures that are strategic in nature and are included in “Other assets.”
Repurchase Agreements and Securities Lending	The following table sets forth the composition of “Securities sold under agreements to repurchase,” as of the dates indicated: September 30, 2024 December 31, 2023 Remaining Contractual Maturities of the Agreements Remaining Contractual Maturities of the Agreements Overnight & Continuous Up to 30 Days 30 to 90 Days Total Overnight & Continuous Up to 30 Days 30 to 90 Days Total (in millions) U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 6,784 $ 0 $ 0 $ 6,784 $ 5,693 $ 0 $ 0 $ 5,693 U.S. public corporate securities 0 33 0 33 0 118 0 118 Foreign public corporate securities 0 18 0 18 0 0 0 0 Commercial mortgage-backed securities 620 0 0 620 245 0 0 245 Total securities sold under agreements to repurchase $ 7,404 $ 51 $ 0 $ 7,455 $ 5,938 $ 118 $ 0 $ 6,056 The following table sets forth the composition of “Cash collateral for loaned securities” which represents the liability to return cash collateral received for the following types of securities loaned, as of the dates indicated: September 30, 2024 December 31, 2023 Remaining Contractual Maturities of the Agreements Remaining Contractual Maturities of the Agreements Overnight & Continuous Up to 30 Days Total Overnight & Continuous Up to 30 Days Total (in millions) U.S. Treasury securities and obligations of U.S. $ 154 $ 0 $ 154 $ 1 $ 0 $ 1 Obligations of U.S. states and their political 54 0 54 67 0 67 Foreign government securities 105 0 105 242 0 242 U.S. public corporate securities 6,416 342 6,758 4,399 420 4,819 Foreign public corporate securities 1,014 79 1,093 649 76 725 Equity securities 307 0 307 623 0 623 Total cash collateral for loaned securities(1) $ 8,050 $ 421 $ 8,471 $ 5,981 $ 496 $ 6,477 __________ (1) The Company did not have any agreements with remaining contractual maturities greater than thirty days, as of the dates indicated.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2024
Variable Interest Entity, Measure of Activity [Abstract]
Schedule of Consolidated Variable Interest Entities	The table below reflects the carrying amount and balance sheet caption in which the assets and liabilities of consolidated VIEs are reported. The liabilities primarily comprise obligations under debt instruments issued by the VIEs. The creditors of these VIEs do not have recourse to the Company in excess of the assets contained within the VIEs. Consolidated VIEs for which the Other Consolidated VIEs(1) September 30, December 31, September 30, December 31, (in millions) Fixed maturities, available-for-sale $ 926 $ 539 $ 803 $ 836 Fixed maturities, trading 561 943 0 0 Equity securities 88 106 0 0 Commercial mortgage and other loans 755 764 541 0 Other invested assets 6,093 4,319 515 485 Cash and cash equivalents 263 302 0 0 Accrued investment income 7 7 3 3 Other assets 686 1,023 655 636 Total assets of consolidated VIEs $ 9,379 $ 8,003 $ 2,517 $ 1,960 Other liabilities $ 175 $ 588 $ 0 $ 0 Notes issued by consolidated VIEs(2) 1,414 1,374 42 0 Total liabilities of consolidated VIEs $ 1,589 $ 1,962 $ 42 $ 0 __________ (1) Total assets of consolidated VIEs reflect $4,615 million and $4,003 million as of September 30, 2024 and December 31, 2023, respectively, related to VIEs whose beneficial interests are wholly-owned by consolidated subsidiaries. (2) Recourse is limited to the assets of the respective VIE and does not extend to the general credit of the Company. As of September 30, 2024, the maturities of these obligations were between 5 and 13 years.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $1,151 million and $1,103 million as of September 30, 2024 and December 31, 2023, respectively, and total derivative liabilities of $3,764 million and $4,181 million as of September 30, 2024 and December 31, 2023, respectively, reflected in the Unaudited Interim Consolidated Statements of Financial Position. Primary Underlying Risk /Instrument Type September 30, 2024 December 31, 2023 Fair Value Fair Value Gross Notional Assets Liabilities Gross Notional Assets Liabilities (in millions) Derivatives Designated as Hedge Accounting Instruments: Interest Rate Interest Rate Swaps $ 4,262 $ 73 $ (218) $ 3,582 $ 55 $ (252) Interest Rate Forwards 0 0 0 0 0 0 Foreign Currency Foreign Currency Forwards 4,903 33 (235) 4,748 43 (195) Currency/Interest Rate Foreign Currency Swaps 30,295 1,722 (726) 27,933 1,952 (676) Total Derivatives Designated as Hedge Accounting Instruments $ 39,460 $ 1,828 $ (1,179) $ 36,263 $ 2,050 $ (1,123) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate Interest Rate Swaps $ 226,706 $ 7,941 $ (20,314) $ 224,445 $ 8,604 $ (21,599) Interest Rate Futures 9,418 23 (44) 10,448 7 (26) Interest Rate Options 34,198 244 (1,033) 32,718 292 (1,095) Interest Rate Forwards 4,589 56 (19) 3,678 39 (14) Foreign Currency Foreign Currency Forwards 27,231 989 (941) 27,686 965 (954) Currency/Interest Rate Foreign Currency Swaps 7,480 460 (157) 7,771 502 (164) Credit Credit Default Swaps 3,949 80 0 3,446 64 0 Equity Equity Futures 1,249 3 (1) 672 1 (2) Equity Options 82,356 4,163 (2,730) 51,792 1,688 (1,662) Total Return Swaps 11,188 124 (350) 9,237 48 (514) Other Other(1) 1,250 0 0 1,250 0 0 Synthetic GICs 75,271 2 (2) 78,009 1 (1) Total Derivatives Not Qualifying as Hedge Accounting Instruments $ 484,885 $ 14,085 $ (25,591) $ 451,152 $ 12,211 $ (26,031) Total Derivatives(2)(3) $ 524,345 $ 15,913 $ (26,770) $ 487,415 $ 14,261 $ (27,154) __________ (1) “Other” primarily includes derivative contracts used to improve the balance of the Company’s tail longevity and mortality risk. Under these contracts, the Company’s gains (losses) are capped at the notional amount. (2) Excludes embedded derivatives which contain multiple underlying risks. The fair value of these embedded derivatives was a net liability of $12,232 million (including the Prismic funds withheld related embedded derivative net liability of $578 million) and $8,096 million (including the Prismic funds withheld related embedded derivative net liability of $508 million) as of September 30, 2024 and December 31, 2023, respectively, primarily included in “Policyholders’ account balances” and “Reinsurance and funds withheld payables.” (3) Recorded in “Other invested assets” and “Other liabilities” on the Unaudited Interim Consolidated Statements of Financial Position.
Schedule of Derivative instruments (hedged item in fair value hedge accounting relationship)	As of September 30, 2024, the following amounts were recorded on the Unaudited Interim Consolidated Statements of Financial Position related to the carrying amount of the hedged assets (liabilities) and cumulative basis adjustments included in the carrying amount for fair value hedges. September 30, 2024 December 31, 2023 Balance Sheet Line Item in which Hedged Item is Recorded Carrying Amount of the Hedged Assets (Liabilities) Cumulative Amount of Carrying Amount of the Hedged Assets (Liabilities) Cumulative Amount of (in millions) Fixed maturities, available-for-sale, at fair value $ 227 $ 19 $ 224 $ 19 Policyholders’ account balances $ (1,598) $ 223 $ (810) $ 219 Future policy benefits $ (2,515) $ 189 $ (2,441) $ 298 __________ (1) There were no material fair value hedging adjustments for hedged assets and liabilities for which hedge accounting has been discontinued.
Offsetting of Financial Assets	The following tables present recognized derivative instruments (excluding embedded derivatives), and repurchase and reverse repurchase agreements that are offset in the Unaudited Interim Consolidated Statements of Financial Position, and/or are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in the Unaudited Interim Consolidated Statements of Financial Position. September 30, 2024 Gross Gross Net Financial Net (in millions) Offsetting of Financial Assets: Derivatives $ 15,789 $ (14,762) $ 1,027 $ (243) $ 784 Securities purchased under agreements to resell 617 0 617 (342) 275 Total assets $ 16,406 $ (14,762) $ 1,644 $ (585) $ 1,059 Offsetting of Financial Liabilities: Derivatives $ 26,768 $ (23,006) $ 3,762 $ (2,881) $ 881 Securities sold under agreements to repurchase 7,455 0 7,455 (6,836) 619 Total liabilities $ 34,223 $ (23,006) $ 11,217 $ (9,717) $ 1,500 December 31, 2023 Gross Gross Net Financial Net (in millions) Offsetting of Financial Assets: Derivatives $ 14,169 $ (13,158) $ 1,011 $ (240) $ 771 Securities purchased under agreements to resell 388 0 388 (363) 25 Total assets $ 14,557 $ (13,158) $ 1,399 $ (603) $ 796 Offsetting of Financial Liabilities: Derivatives $ 27,154 $ (22,973) $ 4,181 $ (3,775) $ 406 Securities sold under agreements to repurchase 6,056 0 6,056 (5,811) 245 Total liabilities $ 33,210 $ (22,973) $ 10,237 $ (9,586) $ 651 __________ (1) Amounts exclude the excess of collateral received/pledged from/to the counterparty.
Offsetting of Financial Liabilities	The following tables present recognized derivative instruments (excluding embedded derivatives), and repurchase and reverse repurchase agreements that are offset in the Unaudited Interim Consolidated Statements of Financial Position, and/or are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in the Unaudited Interim Consolidated Statements of Financial Position. September 30, 2024 Gross Gross Net Financial Net (in millions) Offsetting of Financial Assets: Derivatives $ 15,789 $ (14,762) $ 1,027 $ (243) $ 784 Securities purchased under agreements to resell 617 0 617 (342) 275 Total assets $ 16,406 $ (14,762) $ 1,644 $ (585) $ 1,059 Offsetting of Financial Liabilities: Derivatives $ 26,768 $ (23,006) $ 3,762 $ (2,881) $ 881 Securities sold under agreements to repurchase 7,455 0 7,455 (6,836) 619 Total liabilities $ 34,223 $ (23,006) $ 11,217 $ (9,717) $ 1,500 December 31, 2023 Gross Gross Net Financial Net (in millions) Offsetting of Financial Assets: Derivatives $ 14,169 $ (13,158) $ 1,011 $ (240) $ 771 Securities purchased under agreements to resell 388 0 388 (363) 25 Total assets $ 14,557 $ (13,158) $ 1,399 $ (603) $ 796 Offsetting of Financial Liabilities: Derivatives $ 27,154 $ (22,973) $ 4,181 $ (3,775) $ 406 Securities sold under agreements to repurchase 6,056 0 6,056 (5,811) 245 Total liabilities $ 33,210 $ (22,973) $ 10,237 $ (9,586) $ 651 __________ (1) Amounts exclude the excess of collateral received/pledged from/to the counterparty.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	The following tables provide the financial statement classification and impact of derivatives used in qualifying and non-qualifying hedge relationships, including the offset of the hedged item in fair value hedge relationships. Three Months Ended September 30, 2024 Realized Change in Value of Market Risk Benefits, Net of Related Hedging Gain (Loss) Net Other Interest Interest Policyholders’ Benefits Change in AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Gains (losses) on derivatives designated as hedge instruments: Interest Rate $ (7) $ 0 $ 0 $ 0 $ 0 $ 67 $ 74 $ 0 Currency 0 0 0 0 0 0 108 0 Total gains (losses) on derivatives designated as hedge instruments (7) 0 0 0 0 67 182 0 Gains (losses) on the hedged item: Interest Rate 7 0 3 0 0 (70) (79) 0 Currency 0 0 0 0 0 0 (107) 0 Total gains (losses) on hedged item 7 0 3 0 0 (70) (186) 0 Amortization for gains (losses) excluded from assessment of the effectiveness Currency 0 0 0 0 0 0 (2) (94) Total amortization for gains (losses) excluded from assessment of the effectiveness 0 0 0 0 0 0 (2) (94) Total gains (losses) on fair value hedges net of hedged item 0 0 3 0 0 (3) (6) (94) Cash flow hedges Interest Rate 0 0 (5) 0 0 0 0 19 Currency 0 0 0 0 0 0 0 (69) Currency/Interest Rate 30 0 83 (230) 0 0 0 (755) Total gains (losses) on cash flow hedges 30 0 78 (230) 0 0 0 (805) Net investment hedges Currency 0 0 0 0 0 0 0 (15) Currency/Interest Rate 0 0 0 0 0 0 0 0 Total gains (losses) on net investment hedges 0 0 0 0 0 0 0 (15) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 758 700 0 0 0 0 0 0 Currency (19) 0 0 0 0 0 0 0 Currency/Interest Rate (152) 0 0 (2) 0 0 0 0 Credit 33 0 0 0 0 0 0 0 Equity 641 (354) 0 0 0 0 0 0 Other 0 0 0 0 0 0 0 0 Embedded Derivatives(2) (2,036) 0 0 0 0 0 0 0 Total gains (losses) on derivatives not qualifying as hedge accounting instruments (775) 346 0 (2) 0 0 0 0 Total $ (745) $ 346 $ 81 $ (232) $ 0 $ (3) $ (6) $ (914) Nine Months Ended September 30, 2024 Realized Change in Value of Market Risk Benefits, Net of Related Hedging Gain (Loss) Net Other Interest Interest Policyholders’ Benefits Change in AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Gains (losses) on derivatives designated as hedge instruments: Interest Rate $ (1) $ 0 $ 0 $ 0 $ 0 $ (3) $ (8) $ 0 Currency 0 0 0 0 0 0 93 0 Total gains (losses) on derivatives designated as hedge instruments (1) 0 0 0 0 (3) 85 0 Gains (losses) on the hedged item: Interest Rate 1 0 9 0 0 4 (16) 0 Currency 0 0 0 0 0 0 (93) 0 Total gains (losses) on hedged item 1 0 9 0 0 4 (109) 0 Amortization for gains (losses) excluded from assessment of the effectiveness Currency 0 0 0 0 0 0 (7) (103) Total amortization for gains (losses) excluded from assessment of the effectiveness 0 0 0 0 0 0 (7) (103) Total gains (losses) on fair value hedges net of hedged item 0 0 9 0 0 1 (31) (103) Cash flow hedges Interest Rate (14) 0 (12) 0 0 0 0 20 Currency 0 0 0 0 0 0 0 (45) Currency/Interest Rate 58 0 241 (145) 0 0 0 (150) Total gains (losses) on cash flow hedges 44 0 229 (145) 0 0 0 (175) Net investment hedges Currency 0 0 0 0 0 0 0 (2) Currency/Interest Rate 0 0 0 0 0 0 0 0 Total gains (losses) on net investment hedges 0 0 0 0 0 0 0 (2) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate (275) (712) 0 0 0 0 0 0 Currency (58) 0 0 (1) 0 0 0 0 Currency/Interest Rate 21 0 0 (2) 0 0 0 0 Credit 89 0 0 0 0 0 0 0 Equity 2,681 (914) 0 0 0 0 0 0 Other 0 0 0 0 0 0 0 0 Embedded Derivatives(2) (2,671) 0 0 0 0 0 0 0 Total gains (losses) on derivatives not qualifying as hedge accounting instruments (213) (1,626) 0 (3) 0 0 0 0 Total $ (169) $ (1,626) $ 238 $ (148) $ 0 $ 1 $ (31) $ (280) Three Months Ended September 30, 2023 Realized Change in Value of Market Risk Benefits, Net of Related Hedging Gain (Loss) Net Other Interest Interest Policyholders’ Benefits Change in AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Gains (losses) on derivatives designated as hedge instruments: Interest Rate $ 10 $ 0 $ 0 $ 0 $ 0 $ (110) $ (141) $ 0 Currency 0 0 0 0 0 0 (73) 0 Total gains (losses) on derivatives designated as hedge instruments 10 0 0 0 0 (110) (214) 0 Gains (losses) on the hedged item: Interest Rate (9) 0 3 0 0 104 189 0 Currency 0 0 0 0 0 0 72 0 Total gains (losses) on hedged item (9) 0 3 0 0 104 261 0 Amortization for gains (losses) excluded from assessment of the effectiveness Currency 0 0 0 0 0 0 (2) 131 Total amortization for gains (losses) excluded from assessment of the effectiveness 0 0 0 0 0 0 (2) 131 Total gains (losses) on fair value hedges net of hedged item 1 0 3 0 0 (6) 45 131 Cash flow hedges Interest Rate 0 0 (3) 0 0 0 0 (40) Currency 0 0 0 0 0 0 0 0 Currency/Interest Rate 3 0 75 144 0 0 0 (109) Total gains (losses) on cash flow hedges 3 0 72 144 0 0 0 (149) Net investment hedges Currency 0 0 0 0 0 0 0 11 Currency/Interest Rate 0 0 0 0 0 0 0 0 Total gains (losses) on net investment hedges 0 0 0 0 0 0 0 11 Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate (1,918) (2,314) 0 0 0 0 0 0 Currency 70 0 0 (1) 0 0 0 0 Currency/Interest Rate 34 0 0 1 0 0 0 0 Credit 1 0 0 0 0 0 0 0 Equity (461) 314 0 0 0 0 0 0 Other 0 0 0 0 0 0 0 0 Embedded Derivatives 298 0 0 0 0 0 0 0 Total gains (losses) on derivatives not qualifying as hedge accounting instruments (1,976) (2,000) 0 0 0 0 0 0 Total $ (1,972) $ (2,000) $ 75 $ 144 $ 0 $ (6) $ 45 $ (7) Nine Months Ended September 30, 2023 Realized Change in Value of Market Risk Benefits, Net of Related Hedging Gain (Loss) Net Other Interest Interest Policyholders’ Benefits Change in AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Gains (losses) on derivatives designated as hedge instruments: Interest Rate $ 11 $ 0 $ 0 $ 0 $ 0 $ (126) $ (155) $ 0 Currency (1) 0 (1) 0 0 0 26 0 Total gains (losses) on derivatives designated as hedge instruments 10 0 (1) 0 0 (126) (129) 0 Gains (losses) on the hedged item: Interest Rate (10) 0 9 0 0 105 185 0 Currency 0 0 0 0 0 0 (25) 0 Total gains (losses) on hedged item (10) 0 9 0 0 105 160 0 Amortization for gains (losses) excluded from assessment of the effectiveness Currency 0 0 0 0 0 0 (6) 36 Total amortization for gains (losses) excluded from assessment of the effectiveness 0 0 0 0 0 0 (6) 36 Total gains (losses) on fair value hedges net of hedged item 0 0 8 0 0 (21) 25 36 Cash flow hedges Interest Rate (22) 0 (10) 0 0 0 0 (9) Currency 8 0 0 0 0 0 0 (40) Currency/Interest Rate 51 0 237 (2) 0 0 0 (620) Total gains (losses) on cash flow hedges 37 0 227 (2) 0 0 0 (669) Net investment hedges Currency 0 0 0 0 0 0 0 27 Currency/Interest Rate 0 0 0 0 0 0 0 0 Total gains (losses) on net investment hedges 0 0 0 0 0 0 0 27 Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate (1,693) (3,069) 0 0 0 0 0 0 Currency (440) 0 0 4 0 0 0 0 Currency/Interest Rate (29) 0 0 (1) 0 0 0 0 Credit 86 0 0 0 0 0 0 0 Equity 689 (363) 0 0 0 0 0 0 Other 0 0 0 0 0 0 0 0 Embedded Derivatives (918) 0 0 0 0 0 0 0 Total gains (losses) on derivatives not qualifying as hedge accounting instruments (2,305) (3,432) 0 3 0 0 0 0 Total $ (2,268) $ (3,432) $ 235 $ 1 $ 0 $ (21) $ 25 $ (606) __________ (1) Excludes changes related to net investment hedges using non-derivative instruments of $(122) million and $(21) million for the three and nine months ended September 30, 2024, respectively, and $15 million and $60 million for the three and nine months ended September 30, 2023, respectively. (2) Includes the Prismic funds withheld related embedded derivative realized gain (loss) of $(543) million and $(71) million for the three and nine months ended September 30, 2024, respectively.
Schedule of Derivative Instruments Recognized in Accumulated Other Comprehensive Income (Loss) Before Taxes	Presented below is a rollforward of current period cash flow hedges in AOCI before taxes: (in millions) Balance, December 31, 2023 $ 869 Amount recorded in AOCI: Interest Rate (5) Currency (42) Currency/Interest Rate 4 Total amount recorded in AOCI (43) Amount reclassified from AOCI to income: Interest Rate 25 Currency (3) Currency/Interest Rate (154) Total amount reclassified from AOCI to income (132) Balance, September 30, 2024 $ 694
Credit Derivatives	The following tables provide a summary of the notional and fair value of written credit protection, presented as assets (liabilities). The Company’s maximum amount at risk under these credit derivatives, assuming the value of the underlying referenced securities become worthless, is equal to the notional amounts. These credit derivatives have maturities of less than 11 years for index reference. September 30, 2024 NAIC Rating Designation of Underlying Credit Obligation(1) NAIC 1 NAIC 2 NAIC 3 NAIC 4 NAIC 5 NAIC 6(2) Total Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value (in millions) Single name reference(3) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Index reference(3) 0 0 0 0 3,365 35 0 0 0 0 584 45 3,949 80 Total $ 0 $ 0 $ 0 $ 0 $ 3,365 $ 35 $ 0 $ 0 $ 0 $ 0 $ 584 $ 45 $ 3,949 $ 80 December 31, 2023 NAIC Rating Designation of Underlying Credit Obligation(1) NAIC 1 NAIC 2 NAIC 3 NAIC 4 NAIC 5 NAIC 6(2) Total Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value Gross Notional Fair Value (in millions) Single name reference(3) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Index reference(3) 0 0 0 0 2,723 19 0 0 89 5 634 40 3,446 64 Total $ 0 $ 0 $ 0 $ 0 $ 2,723 $ 19 $ 0 $ 0 $ 89 $ 5 $ 634 $ 40 $ 3,446 $ 64 _________ (1) The NAIC rating designations are based on availability and the lowest ratings among Moody's Investors Service, Inc. (“Moody's”), Standard & Poor’s Rating Services (“S&P”) and Fitch Ratings Inc. (“Fitch”). If no rating is available from a rating agency, a NAIC 6 rating is used. (2) The NAIC rating designation is due to approximately 4% and 3% of the index reference name rated as NAIC 6 as of September 30, 2024 and December 31, 2023, respectively. (3) Single name credit default swaps may make reference to the credit of corporate debt, sovereign debt, and structured finance. Index reference NAIC designations are based on the lowest rated single name reference included in the index.

Fair Value of Assets and Liab_2

Fair Value of Assets and Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present the balances of assets and liabilities reported at fair value on a recurring basis, as of the dates indicated. September 30, 2024 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 0 $ 25,648 $ 0 $ $ 25,648 Obligations of U.S. states and their political subdivisions 0 7,023 6 7,029 Foreign government securities 0 65,453 7 65,460 U.S. corporate public securities 0 110,143 65 110,208 U.S. corporate private securities(2) 0 40,838 3,641 44,479 Foreign corporate public securities 0 23,734 79 23,813 Foreign corporate private securities 0 34,104 1,829 35,933 Asset-backed securities(3) 0 14,861 1,362 16,223 Commercial mortgage-backed securities 0 8,364 908 9,272 Residential mortgage-backed securities 0 2,655 10 2,665 Subtotal 0 332,823 7,907 340,730 Assets supporting experience-rated contractholder liabilities: U.S. Treasury securities and obligations of U.S. government authorities and agencies 0 224 0 224 Foreign government securities 0 606 0 606 Corporate securities 0 75 0 75 Equity securities 1,353 1,396 0 2,749 Subtotal 1,353 2,301 0 3,654 Market risk benefit assets 0 0 2,134 2,134 Fixed maturities, trading 0 10,451 1,614 12,065 Equity securities 4,361 1,820 590 6,771 Commercial mortgage and other loans 0 1,098 0 1,098 Other invested assets(5) 23 15,888 928 (14,762) 2,077 Short-term investments 1,345 5,625 468 7,438 Cash equivalents 992 8,686 1 9,679 Reinsurance recoverables and deposit receivables 0 (186) 510 324 Other assets 0 0 0 0 Separate account assets(6)(7) 9,383 164,499 272 174,154 Total assets $ 17,457 $ 543,005 $ 14,424 $ (14,762) $ 560,124 Market risk benefit liabilities $ 0 $ 0 $ 5,178 $ $ 5,178 Policyholders’ account balances 0 0 11,977 11,977 Reinsurance and funds withheld payables 0 577 0 577 Other liabilities 45 26,723 2 (23,006) 3,764 Notes issued by consolidated VIEs 0 0 440 440 Total liabilities $ 45 $ 27,300 $ 17,597 $ (23,006) $ 21,936 December 31, 2023 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 0 $ 21,796 $ 0 $ $ 21,796 Obligations of U.S. states and their political subdivisions 0 8,451 7 8,458 Foreign government securities 0 70,182 8 70,190 U.S. corporate public securities 0 98,097 75 98,172 U.S. corporate private securities(2) 0 38,199 2,821 41,020 Foreign corporate public securities 0 19,576 67 19,643 Foreign corporate private securities 0 30,447 1,843 32,290 Asset-backed securities(3) 0 12,236 359 12,595 Commercial mortgage-backed securities 0 8,954 938 9,892 Residential mortgage-backed securities 0 2,265 0 2,265 Subtotal 0 310,203 6,118 316,321 Assets supporting experience-rated contractholder liabilities: U.S. Treasury securities and obligations of U.S. government authorities and agencies 0 206 0 206 Foreign government securities 0 604 0 604 Corporate securities 0 79 0 79 Equity securities 1,004 1,275 0 2,279 Subtotal 1,004 2,164 0 3,168 Market risk benefit assets 0 0 1,981 1,981 Fixed maturities, trading 0 9,361 429 9,790 Equity securities(4) 5,953 1,538 512 8,003 Commercial mortgage and other loans 0 519 0 519 Other invested assets(5) 27 14,234 846 (13,158) 1,949 Short-term investments 125 3,746 29 3,900 Cash equivalents 2,240 8,058 4 10,302 Reinsurance recoverables and deposit receivables 0 (75) 224 149 Other assets 0 0 11 11 Separate account assets(6)(7) 8,925 161,793 1,094 171,812 Total assets $ 18,274 $ 511,541 $ 11,248 $ (13,158) $ 527,905 Market risk benefit liabilities $ 0 $ 0 $ 5,467 $ $ 5,467 Policyholders’ account balances 0 0 7,752 7,752 Reinsurance and funds withheld payables 0 490 0 490 Other liabilities 35 27,112 1 (22,973) 4,175 Notes issued by consolidated VIEs 0 0 778 778 Total liabilities $ 35 $ 27,602 $ 13,998 $ (22,973) $ 18,662 __________ (1) “Netting” amounts represent cash collateral of $(8,244) million and $(9,815) million as of September 30, 2024 and December 31, 2023, respectively, and the impact of offsetting asset and liability positions held with the same counterparty, subject to master netting agreements. (2) Excludes notes with fair value of $14,137 million (carrying amount of $14,126 million) and $12,370 million (carrying amount of $12,370 million) as of September 30, 2024 and December 31, 2023, respectively, which have been offset with the associated debt under a netting agreement. (3) Includes credit-tranched securities collateralized by loan obligations, home equity loans, auto loans, education loans and other asset types. (4) Equity securities excluded from the fair value hierarchy include a fund for which fair value is measured at net asset value (“NAV”) per share (or its equivalent) as a practical expedient. As of December 31, 2023, the fair value of this investment was $239 million. (5) Other invested assets excluded from the fair value hierarchy include certain hedge funds, private equity funds and other funds for which fair value is measured at NAV per share (or its equivalent) as a practical expedient. As of September 30, 2024 and December 31, 2023, the fair value of such investments was $4,984 million and $4,125 million, respectively. (6) Separate account assets included in the fair value hierarchy exclude investments in entities that calculate NAV per share (or its equivalent) as a practical expedient. Such investments excluded from the fair value hierarchy include investments in real estate, hedge funds and other invested assets. As of September 30, 2024 and December 31, 2023, the fair value of such investments was $26,396 million and $27,076 million, respectively. (7) Separate account assets represent segregated funds that are invested for certain customers. Investment risks associated with market value changes are borne by the customers, except to the extent of minimum guarantees made by the Company with respect to certain accounts. Separate account liabilities are not included in the above table as they are reported at contract value and not fair value in the Company’s Unaudited Interim Consolidated Statements of Financial Position.
Fair Value Inputs, Assets and Liabilities, Quantitative Information	Quantitative Information Regarding Internally-Priced Level 3 Assets and Liabilities —The tables below present quantitative information regarding significant internally-priced Level 3 assets and liabilities. As of September 30, 2024 Fair Value Valuation Unobservable Inputs Minimum Maximum Weighted Impact of (in millions) Assets: Corporate securities(2)(3) $ 4,890 Discounted Discount rate 0.92% 20.00% 11.15% Decrease Market comparables EBITDA multiples(4) 4.0X 8.8X 5.0X Increase Liquidation Liquidation value 0.00% 0.00% 0.00% Increase Commercial mortgage-backed securities $ 908 Discounted Liquidity premium 1.00% 1.00% 1.00% Decrease Market risk benefit assets(6) $ 2,134 Discounted cash flow Lapse rate(8) 1% 20% Increase Spread over SOFR(9) 0.37% 1.84% Increase Utilization rate(10) 37% 94% Decrease Withdrawal rate See table footnote (11) below. Mortality rate(12) 0% 16% Increase Equity volatility curve 15% 25% Decrease Equity securities $ 223 Discounted cash flow Discount rate(5) 0.16% 40% Decrease Market comparables EBITDA multiples(4) 1.0X 12.2X 5.1X Increase Net Asset Value Share price $3 $1,810 $842 Increase Liabilities: Market risk benefit liabilities(6) $ 5,178 Discounted cash flow Lapse rate(8) 1% 20% Decrease Spread over SOFR(9) 0.37% 1.84% Decrease Utilization rate(10) 37% 94% Increase Withdrawal rate See table footnote (11) below. Mortality rate(12) 0% 16% Decrease Equity volatility curve 15% 25% Increase Policyholders’ account balances(7) $ 11,974 Discounted cash flow Lapse rate(8) 0% 80% Decrease Spread over SOFR(9) 0.37% 1.85% Decrease Mortality rate(12) 0% 23% Decrease Option Budget(13) (1)% 7% Increase As of December 31, 2023 Fair Value Valuation Unobservable Inputs Minimum Maximum Weighted Impact of (in millions) Assets: Corporate securities(2)(3) $ 1,311 Discounted Discount rate 0.57% 20.00% 8.65% Decrease Market comparables EBITDA multiples(4) 5.5X 8.8X 7.4X Increase Liquidation Liquidation value 3.55% 68.00% 57.63% Increase Commercial mortgage-backed securities $ 938 Discounted Liquidity premium 0.60% 0.75% 0.70% Decrease Market risk benefit assets(6) $ 1,981 Discounted cash flow Lapse rate(8) 1% 20% Increase Spread over SOFR(9) 0.41% 1.82% Increase Utilization rate(10) 38% 95% Decrease Withdrawal rate See table footnote (11) below. Mortality rate(12) 0% 15% Increase Equity volatility curve 15% 25% Decrease Equity securities $ 246 Discounted cash flow Discount rate(5) 0.16% 20% Decrease Market comparables EBITDA multiples(4) 1.0X 10.0X 6.3X Increase Net Asset Value Share price $3 $1,714 $733 Increase Liabilities: Market risk benefit liabilities(6) $ 5,467 Discounted cash flow Lapse rate(8) 1% 20% Decrease Spread over SOFR(9) 0.41% 1.82% Decrease Utilization rate(10) 38% 95% Increase Withdrawal rate See table footnote (11) below. Mortality rate(12) 0% 15% Decrease Equity volatility curve 15% 25% Increase Policyholders’ account balances(7) $ 7,752 Discounted cash flow Lapse rate(8) 1% 80% Decrease Spread over SOFR(9) 0.41% 1.85% Decrease Mortality rate(12) 0% 23% Decrease Option Budget(13) (1)% 7% Increase ___________ (1) Conversely, the impact of a decrease in input would have the opposite impact on fair value as that presented in the table. (2) Includes assets classified as fixed maturities, available-for-sale, assets supporting experience-rated contractholder liabilities and fixed maturities, trading. (3) Excludes notes which have been offset with the associated debt under a netting agreement. (4) Represents multiples of earnings before interest, taxes, depreciation and amortization (“EBITDA”), and are amounts used when the Company has determined that market participants would use such multiples when valuing the investments. (5) For these investments, a range of discount rates is typically used (10% to 20%) and is therefore a more meaningful representation of the unobservable inputs used in the valuation rather than weighted average. (6) Market risk benefits primarily represent fair value for all living benefit guarantees including accumulation, withdrawal and income benefits. Since the valuation methodology for these assets and liabilities uses a range of inputs that vary at the contract level over the cash flow projection period, presenting a range, rather than weighted average, is a more meaningful representation of the unobservable inputs used in the valuation. (7) Policyholders’ account balances primarily represent general account liabilities for the index-linked interest credited on certain of the Company’s life and annuity products that are accounted for as embedded derivatives. Since the valuation methodology for these liabilities uses a range of inputs that vary at the contract level over the cash flow projection period, presenting a range, rather than a weighted average, is a more meaningful representation of the unobservable inputs used in the valuation. (8) Lapse rates for contracts with living benefit guarantees are adjusted at the contract level based on the in-the-moneyness of the living benefit and reflect other factors, such as the applicability of any surrender charges. Lapse rates are reduced when contracts are more in-the-money. Lapse rates for contracts with index-linked crediting guarantees may be adjusted at the contract level based on the applicability of any surrender charges, product type, and market related factors such as interest rates. Lapse rates are also generally assumed to be lower for the period where surrender charges apply. For any given contract, lapse rates vary throughout the period over which cash flows are projected for the purposes of valuing these balances. (9) The spread over the secured overnight financing rate (“SOFR”) swap curve represents the premium added to the proxy for the risk-free rate (SOFR) to reflect the Company’s estimates of rates that a market participant would use to value the living benefits in both the accumulation and payout phases and index-linked interest crediting guarantees as of September 30, 2024 and December 31, 2023, respectively. This spread includes an estimate of non-performance risk (“NPR”), which is the risk that the obligation will not be fulfilled by the Company. NPR is primarily estimated by utilizing the credit spreads associated with issuing funding agreements, adjusted for any illiquidity risk premium. In order to reflect the financial strength ratings of the Company, credit spreads associated with funding agreements, as opposed to credit spread associated with debt, are utilized in developing this estimate because funding agreements are insurance liabilities and are therefore senior to debt. Effective April 2023, the Company entered into an agreement with The Ohio National Life Insurance Company, now known as AuguStar Life Insurance Company (“AuguStar”), an affiliate of Constellation Insurance Holdings, Inc., to reinsure approximately $10 billion of account values of PDI traditional variable annuity contracts with guaranteed living benefits. See Note 12 for additional information regarding this transaction. As a result of this transaction, a ceded MRB asset balance was established to fair value the reinsurance reimbursements to the Company. The establishment of the fair value also required an estimate of NPR for AuguStar, which may differ from the Company’s; however, the NPR spreads for AuguStar were developed using a methodology similar to that of the Company. (10) The utilization rate assumption estimates the percentage of contracts that will utilize the benefit during the contract duration, and begin lifetime withdrawals at various time intervals from contract inception. The remaining contractholders are assumed to either begin lifetime withdrawals immediately or never utilize the benefit. Utilization assumptions may vary by product type, tax status and age. The impact of changes in these assumptions is highly dependent on the product type, the age of the contractholder at the time of the sale, and the timing of the first lifetime income withdrawal. Range reflects the utilization rate for the vast majority of business with living benefits. (11) The withdrawal rate assumption estimates the magnitude of annual contractholder withdrawals relative to the maximum allowable amount under the contract. These assumptions vary based on the age of the contractholder, the tax status of the contract and the duration since the contractholder began lifetime withdrawals. As of September 30, 2024 and December 31, 2023, the minimum withdrawal rate assumption is 78% and 81%, respectively. As of September 30, 2024 and December 31, 2023 the maximum withdrawal rate assumption may be greater than 100%. The fair value of the liability will generally increase the closer the withdrawal rate is to 100% and decrease as the withdrawal rate moves further away from 100%. (12) The range reflects the mortality rates for the vast majority of business with living benefits and other contracts, with policyholders ranging from 50 to 90 years old. While the majority of living benefits have a minimum age requirement, certain other contracts do not have an age restriction. This results in contractholders with mortality rates approaching 0% for certain benefits. Mortality rates may vary by product, age and duration. A mortality improvement assumption is also incorporated into the overall mortality table. (13) Option budget estimates the expected long-term cost of options used to hedge exposures associated with equity price and interest rate changes. The level of option budget determines future costs of the options, which impacts the growth in account value and the valuation of embedded derivatives.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	Changes in Level 3 Assets and Liabilities —The following tables describe changes in fair values of Level 3 assets and liabilities as of the dates indicated, as well as the portion of gains or losses included in income attributable to unrealized gains or losses related to those assets and liabilities still held at the end of their respective periods (excluding MRBs disclosed in Note 11). When a determination is made to classify assets and liabilities within Level 3, the determination is based on significance of the unobservable inputs in the overall fair value measurement. All transfers are based on changes in the observability of the valuation inputs, including the availability of pricing service information that the Company can validate. Transfers into Level 3 are generally the result of unobservable inputs utilized within valuation methodologies and the use of indicative broker quotes for assets that were previously valued using observable inputs. Transfers out of Level 3 are generally due to the use of observable inputs in valuation methodologies as well as the availability of pricing service information for certain assets that the Company can validate. Three Months Ended September 30, 2024(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 6 $ 1 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (1) $ 6 $ 0 Foreign government 7 0 0 0 0 1 0 (1) 0 7 0 Corporate securities(3) 5,003 (12) 694 (52) 0 (112) 28 81 (16) 5,614 (20) Structured securities(4) 2,052 65 230 (55) 0 (7) 2 8 (15) 2,280 62 Other assets: Fixed maturities, trading 1,520 49 322 (1) 0 (15) 1 65 (327) 1,614 49 Equity securities 556 7 47 (20) 0 0 0 0 0 590 7 Other invested assets 938 (15) 3 0 0 0 2 0 0 928 (14) Short-term investments 9 0 456 0 0 0 3 0 0 468 0 Cash equivalents 4 0 0 0 0 0 (4) 0 1 1 0 Reinsurance recoverables and deposit receivables 363 10 63 0 0 (14) 88 0 0 510 (4) Other assets 0 0 0 0 0 0 0 0 0 0 0 Separate account assets 342 4 176 (208) 0 (3) 0 12 (51) 272 0 Liabilities: Policyholders’ account balances(5) (10,213) (1,096) 0 0 (711) 0 43 0 0 (11,977) 274 Other liabilities (1) (1) 0 0 0 0 0 0 0 (2) 0 Notes issued by consolidated VIEs (422) 3 0 0 (21) 0 0 0 0 (440) 3 Three Months Ended September 30, 2024 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (72) $ 0 $ 0 $ 119 $ 7 $ (66) $ 0 $ 0 $ 108 Other assets: Fixed maturities, trading 0 49 0 0 0 0 49 0 0 Equity securities 0 7 0 0 0 0 7 0 0 Other invested assets 0 (15) 0 0 0 1 (15) 0 0 Short-term investments 0 0 0 0 0 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 10 0 0 0 0 (4) 0 0 0 Other assets 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 4 0 0 0 0 0 0 Liabilities: Policyholders’ account balances (1,096) 0 0 0 0 274 0 0 0 Other liabilities (1) 0 0 0 0 0 0 0 0 Notes issued by consolidated VIEs 0 3 0 0 0 0 3 0 0 Nine Months Ended September 30, 2024(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 7 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (1) $ 6 $ 0 Foreign government 8 0 0 0 0 0 0 (1) 0 7 0 Corporate securities(3) 4,806 (101) 1,513 (85) 0 (620) (126) 243 (16) 5,614 (120) Structured securities(4) 1,297 58 1,822 (56) 0 (82) (491) 67 (335) 2,280 51 Other assets: Fixed maturities, trading 429 44 1,216 (23) 0 (131) 0 467 (388) 1,614 49 Equity securities 512 0 122 (36) 0 (5) 6 1 (10) 590 (3) Other invested assets 846 (62) 125 (2) 0 0 21 0 0 928 (62) Short-term investments 29 1 463 0 0 (6) (19) 0 0 468 0 Cash equivalents 4 0 4 0 0 0 (8) 0 1 1 0 Reinsurance recoverables and deposit receivables 224 61 177 0 0 (40) 88 0 0 510 21 Other assets 11 0 8 0 0 0 (19) 0 0 0 0 Separate account assets 1,094 (50) 312 (1,032) 0 (7) 0 12 (57) 272 (14) Liabilities: Policyholders’ account balances(5) (7,752) (2,472) 0 0 (1,798) 0 45 0 0 (11,977) 1,023 Other liabilities (1) (1) 0 0 0 0 0 0 0 (2) (1) Notes issued by consolidated VIEs (778) (5) 0 0 (48) 0 391 0 0 (440) (5) Nine Months Ended September 30, 2024 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (135) $ 0 $ 0 $ 70 $ 22 $ (124) $ 0 $ 0 $ 55 Other assets: Fixed maturities, trading 0 43 0 0 1 0 49 0 0 Equity securities 0 0 0 0 0 0 (3) 0 0 Other invested assets 0 (62) 0 0 0 0 (62) 0 0 Short-term investments 0 0 0 0 1 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 61 0 0 0 0 21 0 0 0 Other assets 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 (50) 0 0 0 0 (14) 0 Liabilities: Policyholders’ account balances (2,472) 0 0 0 0 1,023 0 0 0 Other liabilities (1) 0 0 0 0 (1) 0 0 0 Notes issued by consolidated VIEs 0 (5) 0 0 0 0 (5) 0 0 Three Months Ended September 30, 2023(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 7 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 7 $ 0 Foreign government 8 0 0 0 0 0 0 0 0 8 0 Corporate securities(3) 4,461 (81) 393 (23) 0 (247) 14 289 (149) 4,657 (86) Structured securities(4) 1,264 (45) 166 (1) 0 (5) (1) 76 (114) 1,340 (45) Other assets: Fixed maturities, trading 302 (4) 32 (39) 0 (5) 9 0 2 297 (5) Equity securities 773 11 19 (1) 0 (28) 0 2 (35) 741 12 Other invested assets 865 (7) 5 (2) 0 0 0 0 0 861 (7) Short-term investments 25 1 12 0 0 (14) 0 0 0 24 0 Cash equivalents 0 0 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 217 26 34 0 0 (7) 0 0 0 270 19 Other assets(7) 12 0 (1) 0 0 0 0 0 0 11 0 Separate account assets 1,175 0 87 (82) 0 (2) 0 42 (60) 1,160 (12) Liabilities: Policyholders’ account balances(5) (5,629) (97) 0 0 (410) 0 28 0 0 (6,108) (263) Other liabilities (1) 0 0 0 0 0 0 0 0 (1) 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 (392) 0 0 (392) 0 Three Months Ended September 30, 2023 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (4) $ 0 $ 0 $ (130) $ 8 $ (1) $ 0 $ 0 $ (130) Other assets: Fixed maturities, trading 0 (4) 0 0 0 0 (5) 0 0 Equity securities 0 11 0 0 0 0 12 0 0 Other invested assets (5) (2) 0 0 0 (5) (2) 0 0 Short-term investments 1 0 0 0 0 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 26 0 0 0 0 19 0 0 0 Other assets(7) 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 0 0 0 0 0 (12) 0 Liabilities: Policyholders’ account balances (97) 0 0 0 0 (263) 0 0 0 Other liabilities 0 0 0 0 0 0 0 0 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 0 0 0 Nine Months Ended September 30, 2023(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 7 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 7 $ 0 Foreign government 8 0 0 0 0 0 0 0 0 8 0 Corporate securities(3) 3,858 (46) 1,657 (198) 0 (747) (6) 307 (168) 4,657 (47) Structured securities(4) 1,289 (74) 405 (6) 0 (30) (1) 113 (356) 1,340 (81) Other assets: Fixed maturities, trading 304 (1) 98 (39) 0 (18) 10 0 (57) 297 (5) Equity securities 627 5 28 (68) 0 (34) 216 3 (36) 741 (5) Other invested assets 539 (26) 359 (11) 0 0 0 0 0 861 (26) Short-term investments 18 4 43 0 0 (41) 0 0 0 24 0 Cash equivalents 0 0 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 141 34 107 0 0 (12) 0 0 0 270 22 Other assets(7) 11 0 0 0 0 0 0 0 0 11 0 Separate account assets 1,081 88 396 (279) 0 (68) 0 45 (103) 1,160 75 Liabilities: Policyholders’ account balances(5) (3,492) (1,368) 0 0 (1,249) 0 1 0 0 (6,108) (525) Other liabilities (1) 0 0 0 0 0 0 0 0 (1) 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 (392) 0 0 (392) 0 Nine Months Ended September 30, 2023 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (20) $ 0 $ 0 $ (111) $ 11 $ (3) $ 0 $ 0 $ (125) Other assets: Fixed maturities, trading 0 (2) 0 0 1 0 (5) 0 0 Equity securities (1) 6 0 0 0 0 (5) 0 0 Other invested assets (6) (20) 0 0 0 (6) (20) 0 0 Short-term investments 3 0 0 0 1 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 34 0 0 0 0 22 0 0 0 Other assets(7) 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 88 0 0 0 0 75 0 Liabilities: Policyholders’ account balances (1,368) 0 0 0 0 (525) 0 0 0 Other liabilities 0 0 0 0 0 0 0 0 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 0 0 0 __________ (1) “Other” includes additional activity not allocated to the specific categories within the rollforward of Level 3 Assets and Liabilities. (2) Unrealized gains or losses related to assets still held at the end of the period do not include amortization or accretion of premiums and discounts. (3) Includes U.S. corporate public, U.S. corporate private, foreign corporate public and foreign corporate private securities. (4) Includes asset-backed, commercial mortgage-backed and residential mortgage-backed securities. (5) Issuances and settlements for Policyholders’ account balances are presented net in the rollforward. (6) Excludes MRB assets of $2,134 million and $2,200 million and MRB liabilities of $5,178 million and $4,660 million for the periods ended September 30, 2024 and 2023, respectively. See Note 11 for additional information. (7) Prior period amounts have been reclassified to conform to current period presentation. (8) Transfers into or out of Level 3 are generally reported at the value as of the beginning of the quarter in which the transfers occur for any such positions still held at the end of the quarter.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	Changes in Level 3 Assets and Liabilities —The following tables describe changes in fair values of Level 3 assets and liabilities as of the dates indicated, as well as the portion of gains or losses included in income attributable to unrealized gains or losses related to those assets and liabilities still held at the end of their respective periods (excluding MRBs disclosed in Note 11). When a determination is made to classify assets and liabilities within Level 3, the determination is based on significance of the unobservable inputs in the overall fair value measurement. All transfers are based on changes in the observability of the valuation inputs, including the availability of pricing service information that the Company can validate. Transfers into Level 3 are generally the result of unobservable inputs utilized within valuation methodologies and the use of indicative broker quotes for assets that were previously valued using observable inputs. Transfers out of Level 3 are generally due to the use of observable inputs in valuation methodologies as well as the availability of pricing service information for certain assets that the Company can validate. Three Months Ended September 30, 2024(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 6 $ 1 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (1) $ 6 $ 0 Foreign government 7 0 0 0 0 1 0 (1) 0 7 0 Corporate securities(3) 5,003 (12) 694 (52) 0 (112) 28 81 (16) 5,614 (20) Structured securities(4) 2,052 65 230 (55) 0 (7) 2 8 (15) 2,280 62 Other assets: Fixed maturities, trading 1,520 49 322 (1) 0 (15) 1 65 (327) 1,614 49 Equity securities 556 7 47 (20) 0 0 0 0 0 590 7 Other invested assets 938 (15) 3 0 0 0 2 0 0 928 (14) Short-term investments 9 0 456 0 0 0 3 0 0 468 0 Cash equivalents 4 0 0 0 0 0 (4) 0 1 1 0 Reinsurance recoverables and deposit receivables 363 10 63 0 0 (14) 88 0 0 510 (4) Other assets 0 0 0 0 0 0 0 0 0 0 0 Separate account assets 342 4 176 (208) 0 (3) 0 12 (51) 272 0 Liabilities: Policyholders’ account balances(5) (10,213) (1,096) 0 0 (711) 0 43 0 0 (11,977) 274 Other liabilities (1) (1) 0 0 0 0 0 0 0 (2) 0 Notes issued by consolidated VIEs (422) 3 0 0 (21) 0 0 0 0 (440) 3 Three Months Ended September 30, 2024 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (72) $ 0 $ 0 $ 119 $ 7 $ (66) $ 0 $ 0 $ 108 Other assets: Fixed maturities, trading 0 49 0 0 0 0 49 0 0 Equity securities 0 7 0 0 0 0 7 0 0 Other invested assets 0 (15) 0 0 0 1 (15) 0 0 Short-term investments 0 0 0 0 0 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 10 0 0 0 0 (4) 0 0 0 Other assets 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 4 0 0 0 0 0 0 Liabilities: Policyholders’ account balances (1,096) 0 0 0 0 274 0 0 0 Other liabilities (1) 0 0 0 0 0 0 0 0 Notes issued by consolidated VIEs 0 3 0 0 0 0 3 0 0 Nine Months Ended September 30, 2024(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 7 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (1) $ 6 $ 0 Foreign government 8 0 0 0 0 0 0 (1) 0 7 0 Corporate securities(3) 4,806 (101) 1,513 (85) 0 (620) (126) 243 (16) 5,614 (120) Structured securities(4) 1,297 58 1,822 (56) 0 (82) (491) 67 (335) 2,280 51 Other assets: Fixed maturities, trading 429 44 1,216 (23) 0 (131) 0 467 (388) 1,614 49 Equity securities 512 0 122 (36) 0 (5) 6 1 (10) 590 (3) Other invested assets 846 (62) 125 (2) 0 0 21 0 0 928 (62) Short-term investments 29 1 463 0 0 (6) (19) 0 0 468 0 Cash equivalents 4 0 4 0 0 0 (8) 0 1 1 0 Reinsurance recoverables and deposit receivables 224 61 177 0 0 (40) 88 0 0 510 21 Other assets 11 0 8 0 0 0 (19) 0 0 0 0 Separate account assets 1,094 (50) 312 (1,032) 0 (7) 0 12 (57) 272 (14) Liabilities: Policyholders’ account balances(5) (7,752) (2,472) 0 0 (1,798) 0 45 0 0 (11,977) 1,023 Other liabilities (1) (1) 0 0 0 0 0 0 0 (2) (1) Notes issued by consolidated VIEs (778) (5) 0 0 (48) 0 391 0 0 (440) (5) Nine Months Ended September 30, 2024 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (135) $ 0 $ 0 $ 70 $ 22 $ (124) $ 0 $ 0 $ 55 Other assets: Fixed maturities, trading 0 43 0 0 1 0 49 0 0 Equity securities 0 0 0 0 0 0 (3) 0 0 Other invested assets 0 (62) 0 0 0 0 (62) 0 0 Short-term investments 0 0 0 0 1 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 61 0 0 0 0 21 0 0 0 Other assets 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 (50) 0 0 0 0 (14) 0 Liabilities: Policyholders’ account balances (2,472) 0 0 0 0 1,023 0 0 0 Other liabilities (1) 0 0 0 0 (1) 0 0 0 Notes issued by consolidated VIEs 0 (5) 0 0 0 0 (5) 0 0 Three Months Ended September 30, 2023(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 7 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 7 $ 0 Foreign government 8 0 0 0 0 0 0 0 0 8 0 Corporate securities(3) 4,461 (81) 393 (23) 0 (247) 14 289 (149) 4,657 (86) Structured securities(4) 1,264 (45) 166 (1) 0 (5) (1) 76 (114) 1,340 (45) Other assets: Fixed maturities, trading 302 (4) 32 (39) 0 (5) 9 0 2 297 (5) Equity securities 773 11 19 (1) 0 (28) 0 2 (35) 741 12 Other invested assets 865 (7) 5 (2) 0 0 0 0 0 861 (7) Short-term investments 25 1 12 0 0 (14) 0 0 0 24 0 Cash equivalents 0 0 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 217 26 34 0 0 (7) 0 0 0 270 19 Other assets(7) 12 0 (1) 0 0 0 0 0 0 11 0 Separate account assets 1,175 0 87 (82) 0 (2) 0 42 (60) 1,160 (12) Liabilities: Policyholders’ account balances(5) (5,629) (97) 0 0 (410) 0 28 0 0 (6,108) (263) Other liabilities (1) 0 0 0 0 0 0 0 0 (1) 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 (392) 0 0 (392) 0 Three Months Ended September 30, 2023 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (4) $ 0 $ 0 $ (130) $ 8 $ (1) $ 0 $ 0 $ (130) Other assets: Fixed maturities, trading 0 (4) 0 0 0 0 (5) 0 0 Equity securities 0 11 0 0 0 0 12 0 0 Other invested assets (5) (2) 0 0 0 (5) (2) 0 0 Short-term investments 1 0 0 0 0 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 26 0 0 0 0 19 0 0 0 Other assets(7) 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 0 0 0 0 0 (12) 0 Liabilities: Policyholders’ account balances (97) 0 0 0 0 (263) 0 0 0 Other liabilities 0 0 0 0 0 0 0 0 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 0 0 0 Nine Months Ended September 30, 2023(6) Fair Value, beginning of period Total realized and unrealized gains (losses) Purchases Sales Issuances Settlements Other(1) Transfers into Level 3(8) Transfers out of Level 3(8) Fair Value, end of period Unrealized gains (losses) for assets still held(2) (in millions) Fixed maturities, available-for-sale: U.S. states $ 7 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 7 $ 0 Foreign government 8 0 0 0 0 0 0 0 0 8 0 Corporate securities(3) 3,858 (46) 1,657 (198) 0 (747) (6) 307 (168) 4,657 (47) Structured securities(4) 1,289 (74) 405 (6) 0 (30) (1) 113 (356) 1,340 (81) Other assets: Fixed maturities, trading 304 (1) 98 (39) 0 (18) 10 0 (57) 297 (5) Equity securities 627 5 28 (68) 0 (34) 216 3 (36) 741 (5) Other invested assets 539 (26) 359 (11) 0 0 0 0 0 861 (26) Short-term investments 18 4 43 0 0 (41) 0 0 0 24 0 Cash equivalents 0 0 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 141 34 107 0 0 (12) 0 0 0 270 22 Other assets(7) 11 0 0 0 0 0 0 0 0 11 0 Separate account assets 1,081 88 396 (279) 0 (68) 0 45 (103) 1,160 75 Liabilities: Policyholders’ account balances(5) (3,492) (1,368) 0 0 (1,249) 0 1 0 0 (6,108) (525) Other liabilities (1) 0 0 0 0 0 0 0 0 (1) 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 (392) 0 0 (392) 0 Nine Months Ended September 30, 2023 Total realized and unrealized gains (losses) Unrealized gains (losses) for assets still held(2) Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) Net investment income Realized investment gains (losses), net Other income (loss) Interest credited to policyholders’ account balances Included in other comprehensive income (losses) (in millions) Fixed maturities, available-for-sale $ (20) $ 0 $ 0 $ (111) $ 11 $ (3) $ 0 $ 0 $ (125) Other assets: Fixed maturities, trading 0 (2) 0 0 1 0 (5) 0 0 Equity securities (1) 6 0 0 0 0 (5) 0 0 Other invested assets (6) (20) 0 0 0 (6) (20) 0 0 Short-term investments 3 0 0 0 1 0 0 0 0 Cash equivalents 0 0 0 0 0 0 0 0 0 Reinsurance recoverables and deposit receivables 34 0 0 0 0 22 0 0 0 Other assets(7) 0 0 0 0 0 0 0 0 0 Separate account assets 0 0 88 0 0 0 0 75 0 Liabilities: Policyholders’ account balances (1,368) 0 0 0 0 (525) 0 0 0 Other liabilities 0 0 0 0 0 0 0 0 0 Notes issued by consolidated VIEs 0 0 0 0 0 0 0 0 0 __________ (1) “Other” includes additional activity not allocated to the specific categories within the rollforward of Level 3 Assets and Liabilities. (2) Unrealized gains or losses related to assets still held at the end of the period do not include amortization or accretion of premiums and discounts. (3) Includes U.S. corporate public, U.S. corporate private, foreign corporate public and foreign corporate private securities. (4) Includes asset-backed, commercial mortgage-backed and residential mortgage-backed securities. (5) Issuances and settlements for Policyholders’ account balances are presented net in the rollforward. (6) Excludes MRB assets of $2,134 million and $2,200 million and MRB liabilities of $5,178 million and $4,660 million for the periods ended September 30, 2024 and 2023, respectively. See Note 11 for additional information. (7) Prior period amounts have been reclassified to conform to current period presentation. (8) Transfers into or out of Level 3 are generally reported at the value as of the beginning of the quarter in which the transfers occur for any such positions still held at the end of the quarter.
Fair Value Assets and Liabilities Measured on Recurring Basis, Derivatives	Derivative Fair Value Information The following tables present the balances of certain derivative assets and liabilities measured at fair value on a recurring basis, as of the dates indicated, by the primary underlying risks they are used to manage. These tables include NPR and exclude embedded derivatives. The derivative assets and liabilities shown below are included in “Other invested assets” or “Other liabilities” in the tables contained within the sections “—Assets and Liabilities by Hierarchy Level” and “—Changes in Level 3 Assets and Liabilities,” above. As of September 30, 2024 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Derivative Assets: Interest Rate $ 23 $ 8,314 $ 2 $ $ 8,339 Currency 0 1,022 0 1,022 Credit 0 80 0 80 Currency/Interest Rate 0 2,182 0 2,182 Equity 0 4,290 0 4,290 Other 0 0 0 0 Netting(1) (14,762) (14,762) Total derivative assets $ 23 $ 15,888 $ 2 $ (14,762) $ 1,151 Derivative Liabilities: Interest Rate $ 44 $ 21,584 $ 2 $ $ 21,630 Currency 0 1,176 0 1,176 Credit 0 0 0 0 Currency/Interest Rate 0 883 0 883 Equity 1 3,080 0 3,081 Other 0 0 0 0 Netting(1) (23,006) (23,006) Total derivative liabilities $ 45 $ 26,723 $ 2 $ (23,006) $ 3,764 As of December 31, 2023 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Derivative Assets: Interest Rate $ 7 $ 8,990 $ 1 $ $ 8,998 Currency 0 1,008 0 1,008 Credit 0 64 0 64 Currency/Interest Rate 0 2,454 0 2,454 Equity 19 1,718 0 1,737 Other 0 0 0 0 Netting(1) (13,158) (13,158) Total derivative assets $ 26 $ 14,234 $ 1 $ (13,158) $ 1,103 Derivative Liabilities: Interest Rate $ 26 $ 22,960 $ 1 $ $ 22,987 Currency 0 1,149 0 1,149 Credit 0 0 0 0 Currency/Interest Rate 0 840 0 840 Equity 10 2,168 0 2,178 Other 0 0 0 0 Netting(1) (22,973) (22,973) Total derivative liabilities $ 36 $ 27,117 $ 1 $ (22,973) $ 4,181 __________ (1) “Netting” amounts represent cash collateral and the impact of offsetting asset and liability positions held with the same counterparty, subject to master netting agreements.
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Derivatives	Changes in Level 3 Derivative Assets and Liabilities —The following tables provide a summary of the changes in fair value of Level 3 derivative assets and liabilities as of the dates indicated, as well as the portion of gains or losses included in income, attributable to unrealized gains or losses related to those assets and liabilities still held at the end of their respective periods. Three Months Ended September 30, 2024 Fair Value, beginning of period Total realized and unrealized gains (losses)(1) Purchases Sales Issuances Settlements Other Transfers into Transfers out of Level 3(2) Fair Value, end of period Unrealized gains (losses) for assets still held(1) (in millions) Net Derivative - Equity $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Net Derivative - Interest Rate 1 (1) 0 0 0 0 0 0 0 0 0 Nine Months Ended September 30, 2024 Fair Value, beginning of period Total realized and unrealized gains (losses)(1) Purchases Sales Issuances Settlements Other Transfers into Transfers out of Level 3(2) Fair Value, end of period Unrealized gains (losses) for assets still held(1) (in millions) Net Derivative - Equity $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Net Derivative - Interest Rate 0 0 0 0 0 0 0 0 0 0 0 Three Months Ended September 30, 2023 Fair Value, beginning of period Total realized and unrealized gains (losses)(1) Purchases Sales Issuances Settlements Other Transfers into Transfers out of Level 3(2) Fair Value, end of period Unrealized gains (losses) for assets still held(1) (in millions) Net Derivative - Equity $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Net Derivative - Interest Rate 0 0 0 0 0 0 0 0 0 0 0 Nine Months Ended September 30, 2023 Fair Value, beginning of period Total realized and unrealized gains (losses)(1) Purchases Sales Issuances Settlements Other Transfers into Transfers out of Level 3(2) Fair Value, end of period Unrealized gains (losses) for assets still held(1) (in millions) Net Derivative - Equity $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Net Derivative - Interest Rate 0 0 0 0 0 0 0 0 0 0 0 __________ (1) Total realized and unrealized gains (losses) as well as unrealized gains (losses) for assets still held at the end of the period are recorded in “Realized investment gains (losses), net.” (2) Transfers into or out of Level 3 are generally reported at the value as of the beginning of the quarter in which the transfers occur for any such positions still held at the end of the quarter.
Fair Value Measurements, Nonrecurring	The following tables represent information for assets measured at fair value on a nonrecurring basis. The fair value measurement is nonrecurring as these assets are measured at fair value only when there is a triggering event (e.g., an evidence of impairment). Assets included in the table are those that were impaired during the respective reporting periods and that are still held as of the reporting date. The estimated fair values for these amounts were determined using significant unobservable inputs (Level 3). Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Gains (Losses): Commercial mortgage loans(1) $ 0 $ 0 $ 0 $ 0 Investment real estate $ (9) $ 0 $ (12) $ (17) Investment in JV/LP and Other $ 0 $ (10) $ (7) $ (65) September 30, 2024 December 31, 2023 (in millions) Carrying value after measurement as of period end: Commercial mortgage loans(1) $ 0 $ 34 Investment real estate(2) $ 176 $ 113 Investment in JV/LP and Other(2) $ 128 $ 186 __________ (1) Commercial mortgage loans are valued based on discounted cash flows utilizing market rates or the fair value of the underlying real estate collateral. (2) Reported carrying values for 2024 include values as of the measurement periods of March 31, 2024 for “Investment in JV/LP and Other” and September 30, 2024 for “Investment real estate.” Reported carrying values for 2023 include values as of the measurement periods of June 30, 2023 for “Investment real estate” and June 30, 2023 and December 31, 2023 for “Investment in JV/LP and Other.”
Fair Value, Option	The following tables present information regarding assets and liabilities where the fair value option has been elected. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Liabilities: Notes issued by consolidated VIEs: Changes in fair value $ (3) $ 0 $ 5 $ 0 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Commercial mortgage and other loans: Interest income $ 7 $ 2 $ 10 $ 7 Notes issued by consolidated VIEs: Interest expense $ 4 $ 0 $ 14 $ 0 September 30, 2024 December 31, 2023 (in millions) Commercial mortgage and other loans(1): Fair value as of period end $ 1,098 $ 519 Aggregate contractual principal as of period end $ 1,089 $ 512 Other invested assets: Fair value as of period end $ 19 $ 0 Other assets: Fair value as of period end $ 0 $ 11 Notes issued by consolidated VIEs: Fair value as of period end $ 440 $ 778 Aggregate contractual principal as of period end $ 443 $ 787 __________ (1) As of September 30, 2024, for loans for which the fair value option has been elected, none of the loans were 90 days or more past due.
Fair Value Disclosure Financial Instruments Not Carried at Fair Value	The tables below present the carrying amount and fair value by fair value hierarchy level of certain financial instruments that are not reported at fair value. The financial instruments presented below are reported at carrying value on the Company’s Unaudited Interim Consolidated Statements of Financial Position. In some cases, as described below, the carrying amount equals or approximates fair value. September 30, 2024 Fair Value Carrying Level 1 Level 2 Level 3 Total Total (in millions) Assets: Commercial mortgage and other loans $ 0 $ 37 $ 59,335 $ 59,372 $ 61,475 Policy loans 8 0 9,939 9,947 9,947 Other invested assets 0 95 0 95 95 Short-term investments 540 32 0 572 572 Cash and cash equivalents 9,815 704 0 10,519 10,519 Accrued investment income 0 3,566 0 3,566 3,566 Reinsurance recoverables and deposit receivables 0 8 5,656 5,664 5,664 Other assets 30 2,809 1 2,840 2,840 Total assets $ 10,393 $ 7,251 $ 74,931 $ 92,575 $ 94,678 Liabilities: Policyholders’ account balances—investment contracts $ 0 $ 31,100 $ 43,633 $ 74,733 $ 79,503 Securities sold under agreements to repurchase 0 7,455 0 7,455 7,455 Cash collateral for loaned securities 0 8,471 0 8,471 8,471 Reinsurance and funds withheld payables(2) 0 10,312 (31) 10,281 10,281 Short-term debt(3) 0 519 440 959 950 Long-term debt(4) 565 17,975 406 18,946 19,076 Notes issued by consolidated VIEs 0 0 1,016 1,016 1,016 Other liabilities 0 6,892 32 6,924 6,924 Separate account liabilities—investment contracts 0 22,672 18,710 41,382 41,382 Total liabilities $ 565 $ 105,396 $ 64,206 $ 170,167 $ 175,058 December 31, 2023 Fair Value Carrying Level 1 Level 2 Level 3 Total Total (in millions) Assets: Commercial mortgage and other loans $ 0 $ 41 $ 55,611 $ 55,652 $ 58,786 Policy loans 8 0 10,039 10,047 10,047 Other invested assets 0 97 0 97 97 Short-term investments 1,092 13 0 1,105 1,105 Cash and cash equivalents 8,709 408 0 9,117 9,117 Accrued investment income 0 3,287 0 3,287 3,287 Reinsurance recoverables and deposit receivables 0 5 5,171 5,176 5,176 Other assets 43 3,059 0 3,102 3,102 Total assets $ 9,852 $ 6,910 $ 70,821 $ 87,583 $ 90,717 Liabilities: Policyholders’ account balances—investment contracts $ 0 $ 31,089 $ 37,794 $ 68,883 $ 72,604 Securities sold under agreements to repurchase 0 6,056 0 6,056 6,056 Cash collateral for loaned securities 0 6,477 0 6,477 6,477 Reinsurance and funds withheld payables(2) 0 9,553 (23) 9,530 9,530 Short-term debt(3) 0 535 83 618 618 Long-term debt(4) 564 16,938 766 18,268 18,882 Notes issued by consolidated VIEs 0 0 596 596 596 Other liabilities 0 6,950 32 6,982 6,982 Separate account liabilities—investment contracts 0 24,050 21,315 45,365 45,365 Total liabilities $ 564 $ 101,648 $ 60,563 $ 162,775 $ 167,110 __________ (1) Carrying values presented herein differ from those in the Company’s Unaudited Interim Consolidated Statements of Financial Position because certain items within the respective financial statement captions are not considered financial instruments or are out of scope under authoritative guidance relating to disclosures of the fair value of financial instruments. (2) Includes contracts reinsured through coinsurance with funds withheld agreement with Prismic Re with a fair value of $7,902 million (carrying amount of $7,902 million) and $8,036 million (carrying amount of $8,036 million), a portion of which relates to insurance contracts as of September 30, 2024 and December 31, 2023, respectively. See Note 12 for additional information regarding the reinsurance arrangement with Prismic Re. (3) Excludes debt with fair value of $1,750 million (carrying amount of $1,750 million) and $2,000 million (carrying amount of $2,000 million) as of September 30, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement. (4) Excludes debt with fair value of $12,387 million (carrying amount of $12,376 million) and $10,370 million (carrying amount of $10,370 million) as of September 30, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement.

Deferred Policy Acquisition C_2

Deferred Policy Acquisition Costs, Deferred Sales Inducements and Value of Business Acquired (Tables)	9 Months Ended
	Sep. 30, 2024
Deferred Charges, Insurers [Abstract]
Schedule of Deferred Policy Acquisition Costs	The following tables show a rollforward for the lines of business that contain material DAC balances, along with a reconciliation to the Company’s total DAC balance: Nine Months Ended September 30, 2024 Retirement Strategies Individual Life International Businesses Total Individual Variable Term Life Variable/ Life Planner Gibraltar Life (in millions) Balance, BOP $ 3,676 $ 2,237 $ 5,364 $ 4,909 $ 4,442 $ 20,628 Capitalization 302 138 517 428 441 1,826 Amortization expense (286) (156) (184) (255) (247) (1,128) Other adjustments(1) 0 0 (280) (49) 4 (325) Foreign currency adjustment 0 0 0 (93) (22) (115) Balance, EOP $ 3,692 $ 2,219 $ 5,417 $ 4,940 $ 4,618 20,886 Other businesses 296 Total DAC balance $ 21,182 __________ (1) Includes the impact of the reinsurance transaction with Somerset Reinsurance Ltd. in Individual Life (Universal Life). See Note 12 for additional information. Nine Months Ended September 30, 2023 Retirement Strategies Individual Life International Businesses Total Individual Variable Term Life Variable/ Life Planner Gibraltar Life (in millions) Balance, BOP $ 4,171 $ 2,288 $ 5,000 $ 4,710 $ 4,231 $ 20,400 Capitalization 195 115 436 443 444 1,633 Amortization expense (275) (160) (183) (244) (236) (1,098) Other adjustments(1) (393) 2 0 14 0 (377) Foreign currency adjustment 0 0 0 (199) (158) (357) Balance, EOP $ 3,698 $ 2,245 $ 5,253 $ 4,724 $ 4,281 20,201 Other businesses 193 Total DAC balance $ 20,394 __________ (1) Includes the impact of the reinsurance transaction with AuguStar in Individual Retirement Strategies. See Note 12 for additional information.
Deferred Sales Inducements	The following table shows a rollforward of DSI balances for variable annuity products within Individual Retirement Strategies, which is the only line of business that contains a material DSI balance, along with a reconciliation to the Company’s total DSI balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 410 $ 446 Capitalization 2 2 Amortization expense (27) (28) Balance, EOP 385 420 Other businesses 31 33 Total DSI balance $ 416 $ 453
Schedule of Value of Business Acquired	The following table shows a rollforward of VOBA balances for Gibraltar Life and Other, which is the only line of business that contains a material VOBA balance, along with a reconciliation to the Company’s total VOBA balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 511 $ 597 Amortization expense (31) (37) Foreign currency adjustment (9) (64) Balance, EOP 471 496 Other businesses(1) 17 18 Total VOBA balance $ 488 $ 514 __________ (1) Represents Aoba Life business.
Estimated Future VOBA Amortization, Net of Interest	The following table provides estimated future amortization for the periods indicated: 2024 (October-December) 2025 2026 2027 2028 Thereafter Total (in millions) Estimated future VOBA amortization $ 12 $ 43 $ 39 $ 36 $ 32 $ 326 $ 488

Separate Accounts (Tables)

Separate Accounts (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Separate Account Assets	The aggregate fair value of assets, by major investment asset category, supporting separate accounts is as follows: September 30, December 31, (in millions) Asset Type: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 4,688 $ 4,411 Obligations of U.S. states and their political subdivisions 2,215 2,116 Foreign government bonds 98 101 U.S. corporate securities 11,782 12,782 Foreign corporate securities 3,173 3,288 Asset-backed securities 1,258 1,211 Mortgage-backed securities 15,017 14,253 Mutual funds: Equity 94,457 88,397 Fixed Income 34,531 37,065 Other 5,576 5,587 Equity securities 5,088 5,410 Commercial mortgage and other loans 62 67 Other invested assets 18,788 20,739 Short-term investments 1,194 1,202 Cash and cash equivalents 2,623 2,259 Total $ 200,550 $ 198,888
Separate Account Liability	The balances of and changes in separate account liabilities as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Retirement Strategies PGIM Institutional Individual Group Insurance Individual Life Total (in millions) Balance, BOP $ 32,648 $ 11,011 $ 94,130 $ 25,021 $ 39,223 $ 202,033 Deposits 13,071 128 426 400 2,589 16,614 Investment performance (277) 474 10,170 1,675 6,429 18,471 Policy charges (58) (9) (1,690) (218) (861) (2,836) Surrenders and withdrawals (12,571) (961) (10,315) (346) (776) (24,969) Benefit payments (2,645) (401) (65) (238) (321) (3,670) Net transfers (to) from general account (74) (66) (50) (29) (398) (617) Other (763) 36 5 (244) 49 (917) Balance, EOP $ 29,331 $ 10,212 $ 92,611 $ 26,021 $ 45,934 $ 204,109 Other businesses(1) (3,559) Total separate account liabilities $ 200,550 Cash surrender value(2) $ 29,331 $ 10,212 $ 91,617 $ 25,919 $ 42,454 $ 199,533 __________ (1) Primarily represents activity from the Company’s Divested and Run-off Businesses as well as the impact of intercompany eliminations. There are no associated cash surrender charges. (2) “Cash surrender value” represents the amount of the contractholder's account balances distributable at the balance sheet date less certain surrender charges. There are no cash surrender charges for the PGIM and Institutional Retirement Strategies segments. Nine Months Ended September 30, 2023 Retirement Strategies PGIM Institutional Individual Group Insurance Individual Life Total (in millions) Balance, BOP $ 40,056 $ 11,428 $ 93,395 $ 23,513 $ 32,930 $ 201,322 Deposits 4,301 209 332 44 2,183 7,069 Investment performance (965) 79 4,278 3 3,228 6,623 Policy charges (62) (10) (1,755) (238) (800) (2,865) Surrenders and withdrawals (4,064) (338) (7,142) (29) (569) (12,142) Benefit payments (2,604) (415) (75) (219) (244) (3,557) Net transfers (to) from general account (459) (60) (6) (2) (1,244) (1,771) Other (949) (29) 9 (208) 73 (1,104) Balance, EOP $ 35,254 $ 10,864 $ 89,036 $ 22,864 $ 35,557 193,575 Other businesses(1) (2,933) Total separate account liabilities $ 190,642 Cash surrender value(2) $ 35,254 $ 10,864 $ 87,767 $ 22,750 $ 32,388 $ 189,023 __________ (1) Primarily represents activity from the Company’s Divested and Run-off Businesses as well as the impact of intercompany eliminations. There are no associated cash surrender charges. (2) “Cash surrender value” represents the amount of the contractholder's account balances distributable at the balance sheet date less certain surrender charges. There are no cash surrender charges for the PGIM and Institutional Retirement Strategies segments.

Liability For Future Policy B_2

Liability For Future Policy Benefits (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Liability for Future Policy Benefit, Activity	The balances of and changes in Benefit Reserves as of and for the periods indicated consist of the three tables presented below: Present Value of Expected Net Premiums rollforward, Present Value of Expected Future Policy Benefits rollforward, and Net Liability for Future Policy Benefits. Nine Months Ended September 30, 2024 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 71,407 $ 11,274 $ 29,064 $ 26,367 $ 3,286 $ 141,398 Effect of cumulative changes in discount rate assumptions, BOP 11,869 228 596 622 16 13,331 Balance at original discount rate, BOP 83,276 11,502 29,660 26,989 3,302 154,729 Effect of assumption update 41 21 (328) (535) (276) (1,077) Effect of actual variances from expected experience and other activity 534 (205) (1,030) (732) 147 (1,286) Adjusted balance, BOP 83,851 11,318 28,302 25,722 3,173 152,366 Issuances 19,730 631 1,732 852 0 22,945 Net premiums / considerations collected (20,691) (1,039) (2,849) (2,528) (241) (27,348) Interest accrual 2,150 397 634 526 113 3,820 Foreign currency adjustment 3,993 0 (521) (245) 0 3,227 Other adjustments 0 3 95 0 0 98 Balance at original discount rate, EOP 89,033 11,310 27,393 24,327 3,045 155,108 Effect of cumulative changes in discount rate assumptions, EOP (14,283) (109) (749) (651) 6 (15,786) Balance, EOP $ 74,750 $ 11,201 $ 26,644 $ 23,676 $ 3,051 $ 139,322 Other businesses, EOP 94 Total balance, EOP $ 139,416 Nine Months Ended September 30, 2024 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 141,135 $ 19,852 $ 79,822 $ 79,036 $ 12,139 $ 331,984 Effect of cumulative changes in discount rate assumptions, BOP 14,751 334 563 7,355 603 23,606 Balance at original discount rate, BOP 155,886 20,186 80,385 86,391 12,742 355,590 Effect of assumption update (481) 21 (106) (407) (394) (1,367) Effect of actual variances from expected experience and other activity 638 (240) (1,023) (715) 155 (1,185) Adjusted balance, BOP 156,043 19,967 79,256 85,269 12,503 353,038 Issuances 19,730 631 1,732 852 0 22,945 Interest accrual 4,633 707 1,921 1,630 454 9,345 Benefit payments (9,743) (1,173) (3,450) (3,730) (240) (18,336) Foreign currency adjustment 4,046 0 (1,190) (743) 0 2,113 Other adjustments 17 (7) 208 (4) 0 214 Balance at original discount rate, EOP 174,726 20,125 78,477 83,274 12,717 369,319 Effect of cumulative changes in discount rate assumptions, EOP (16,145) (152) (2,888) (8,684) (567) (28,436) Balance, EOP $ 158,581 $ 19,973 $ 75,589 $ 74,590 $ 12,150 $ 340,883 Other businesses, EOP 1,709 Total balance, EOP $ 342,592 Nine Months Ended September 30, 2024 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 83,831 $ 8,773 $ 48,945 $ 50,915 $ 9,099 $ 201,563 Flooring impact, EOP 82 0 26 13 0 121 Balance, EOP, post-flooring 83,913 8,773 48,971 50,928 9,099 201,684 Less: Reinsurance recoverables 5,481 719 98 290 0 6,588 Balance after reinsurance recoverables, EOP, post-flooring $ 78,432 $ 8,054 $ 48,873 $ 50,638 $ 9,099 $ 195,096 Other businesses, EOP(1) 1,551 Total balance after reinsurance recoverables, EOP $ 196,647 Nine Months Ended September 30, 2023 Present Value of Expected Net Premiums Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 52,620 $ 11,282 $ 30,689 $ 28,951 $ 2,932 $ 126,474 Effect of cumulative changes in discount rate assumptions, BOP 14,349 572 1,354 1,326 103 17,704 Balance at original discount rate, BOP 66,969 11,854 32,043 30,277 3,035 144,178 Effect of assumption update (1,117) (1) 78 (175) 266 (949) Effect of actual variances from expected experience and other activity 384 (159) (814) (516) 145 (960) Adjusted balance, BOP 66,236 11,694 31,307 29,586 3,446 142,269 Issuances 8,453 539 1,793 1,258 0 12,043 Net premiums / considerations collected (8,682) (1,060) (3,055) (2,873) (242) (15,912) Interest accrual 1,588 404 680 594 117 3,383 Foreign currency adjustment 950 0 (1,583) (1,608) 0 (2,241) Other adjustments 0 (2) 104 0 0 102 Balance at original discount rate, EOP 68,545 11,575 29,246 26,957 3,321 139,644 Effect of cumulative changes in discount rate assumptions, EOP (16,742) (965) (1,571) (1,495) (249) (21,022) Balance, EOP $ 51,803 $ 10,610 $ 27,675 $ 25,462 $ 3,072 $ 118,622 Other businesses, EOP 83 Total balance, EOP $ 118,705 Nine Months Ended September 30, 2023 Present Value of Expected Future Policy Benefits Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, BOP $ 117,754 $ 19,288 $ 78,639 $ 80,331 $ 10,685 $ 306,697 Effect of cumulative changes in discount rate assumptions, BOP 20,170 1,012 3,719 11,266 1,216 37,383 Balance at original discount rate, BOP 137,924 20,300 82,358 91,597 11,901 344,080 Effect of assumption update (1,289) (1) 145 44 357 (744) Effect of actual variances from expected experience and other activity 377 (194) (845) (503) 171 (994) Adjusted balance, BOP 137,012 20,105 81,658 91,138 12,429 342,342 Issuances 8,453 539 1,793 1,258 0 12,043 Interest accrual 3,720 707 1,977 1,729 443 8,576 Benefit payments (8,550) (1,121) (2,729) (3,496) (196) (16,092) Foreign currency adjustment 981 0 (4,630) (5,780) 0 (9,429) Other adjustments (138) (14) 206 (18) 0 36 Balance at original discount rate, EOP 141,478 20,216 78,275 84,831 12,676 337,476 Effect of cumulative changes in discount rate assumptions, EOP (24,887) (1,856) (5,296) (11,846) (2,305) (46,190) Balance, EOP $ 116,591 $ 18,360 $ 72,979 $ 72,985 $ 10,371 $ 291,286 Other businesses, EOP 1,635 Total balance, EOP $ 292,921 Nine Months Ended September 30, 2023 Net Liability for Future Policy Benefits - Benefit Reserves Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care Total (in millions) Balance, EOP, pre-flooring $ 64,789 $ 7,750 $ 45,304 $ 47,523 $ 7,299 $ 172,665 Flooring impact, EOP 0 2 27 31 0 60 Balance, EOP, post-flooring 64,789 7,752 45,331 47,554 7,299 172,725 Less: Reinsurance recoverables 4,810 696 96 189 0 5,791 Balance after reinsurance recoverables, EOP, post-flooring $ 59,979 $ 7,056 $ 45,235 $ 47,365 $ 7,299 $ 166,934 Other businesses, EOP(1) 1,482 Total balance after reinsurance recoverables, EOP $ 168,416 __________ (1) Reflects balance after reinsurance recoverables of $62 million and $69 million at September 30, 2024 and 2023, respectively. The following tables provide supplemental information related to the balances of and changes in Benefit Reserves included in the disaggregated tables above, on a gross (direct and assumed) basis, as of and for the period indicated: Nine Months Ended September 30, 2024 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 145,066 $ 22,937 $ 63,514 $ 51,059 $ 6,758 Discounted expected future gross premiums (at original discount rate) $ 96,557 $ 15,183 $ 49,274 $ 41,069 $ 4,488 Discounted expected future gross premiums (at current discount rate) $ 80,840 $ 15,067 $ 48,327 $ 40,061 $ 4,502 Undiscounted expected future benefits and expenses $ 274,739 $ 31,059 $ 132,310 $ 133,511 $ 29,908 Weighted-average duration of the liability in years (at original discount rate) 8 10 18 18 17 Weighted-average duration of the liability in years (at current discount rate) 8 9 17 16 16 Weighted-average interest rate (at original discount rate) 4.74 % 5.14 % 3.43 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 4.96 % 4.91 % 3.36 % 3.25 % 5.24 % Nine Months Ended September 30, 2023 Retirement Strategies Individual Life International Businesses Corporate and Other Institutional Term Life Life Planner Gibraltar Life and Other Long-Term Care ($ in millions) Undiscounted expected future gross premiums $ 108,863 $ 23,147 $ 68,665 $ 56,169 $ 6,854 Discounted expected future gross premiums (at original discount rate) $ 75,372 $ 15,381 $ 53,078 $ 45,102 $ 4,496 Discounted expected future gross premiums (at current discount rate) $ 56,962 $ 14,120 $ 50,753 $ 42,804 $ 4,167 Undiscounted expected future benefits and expenses $ 217,931 $ 31,164 $ 137,378 $ 139,536 $ 30,897 Weighted-average duration of the liability in years (at original discount rate) 9 10 20 19 18 Weighted-average duration of the liability in years (at current discount rate) 8 9 19 17 17 Weighted-average interest rate (at original discount rate) 4.57 % 5.17 % 3.46 % 2.59 % 4.91 % Weighted-average interest rate (at current discount rate) 6.02 % 6.01 % 3.37 % 3.26 % 6.30 % The balances of and changes in DPL as of and for the period indicated are as follows: Nine Months Ended September 30, 2024 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,615 $ 3,956 $ 5,303 $ 14,874 Less: Flooring impact, BOP 0 1 1 2 Balance, BOP, pre-flooring 5,615 3,955 5,302 14,872 Effect of assumption update 370 (150) (138) 82 Effect of actual variances from expected experience and other activity (69) (20) (33) (122) Adjusted balance, BOP 5,916 3,785 5,131 14,832 Profits deferred 112 1,164 874 2,150 Interest accrual 177 122 116 415 Amortization (441) (851) (737) (2,029) Foreign currency adjustment 14 (76) (32) (94) Other adjustments 0 22 0 22 Balance, EOP, pre-flooring 5,778 4,166 5,352 15,296 Flooring impact, EOP 0 1 2 3 Balance, EOP, post-flooring 5,778 4,167 5,354 15,299 Less: Reinsurance recoverables 396 10 31 437 Balance after reinsurance recoverables, EOP, post-flooring $ 5,382 $ 4,157 $ 5,323 14,862 Other businesses 156 Total balance after reinsurance recoverables, EOP $ 15,018 Nine Months Ended September 30, 2023 Deferred Profit Liability Retirement Strategies International Businesses Institutional Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP, post-flooring $ 5,532 $ 3,379 $ 5,261 $ 14,172 Less: Flooring impact, BOP 0 0 1 1 Balance, BOP, pre-flooring 5,532 3,379 5,260 14,171 Effect of assumption update 35 (67) (228) (260) Effect of actual variances from expected experience and other activity 4 (4) (32) (32) Adjusted balance, BOP 5,571 3,308 5,000 13,879 Profits deferred 294 1,271 1,017 2,582 Interest accrual 170 109 114 393 Amortization (424) (869) (765) (2,058) Foreign currency adjustment 2 (128) (251) (377) Other adjustments 0 24 0 24 Balance, EOP, pre-flooring 5,613 3,715 5,115 14,443 Flooring impact, EOP 0 0 1 1 Balance, EOP, post-flooring 5,613 3,715 5,116 14,444 Less: Reinsurance recoverables 383 8 10 401 Balance after reinsurance recoverables, EOP, post-flooring $ 5,230 $ 3,707 $ 5,106 14,043 Other businesses 145 Total balance after reinsurance recoverables, EOP $ 14,188 The following table shows a rollforward of AIR balances for variable and universal life products within Individual Life, which is the only line of business that contains a material AIR balance, for the period indicated, along with a reconciliation to the Company’s total AIR balance: Nine Months Ended September 30, 2024 2023 (in millions) Balance, including amounts in AOCI, BOP, post-flooring $ 14,308 $ 12,684 Flooring impact and amounts in AOCI 843 1,285 Balance, excluding amounts in AOCI, BOP, pre-flooring 15,151 13,969 Effect of assumption update 153 23 Effect of actual variances from expected experience and other activity 315 (13) Adjusted balance, BOP 15,619 13,979 Assessments collected(1) 852 836 Interest accrual 399 362 Benefits paid (268) (223) Other adjustments 13 0 Balance, excluding amounts in AOCI, EOP, pre-flooring 16,615 14,954 Flooring impact and amounts in AOCI (352) (1,737) Balance, including amounts in AOCI, EOP, post-flooring 16,263 13,217 Less: Reinsurance recoverables 8,287 5,286 Balance after reinsurance recoverables, including amounts in AOCI, EOP 7,976 7,931 Other businesses 75 123 Total balance after reinsurance recoverables $ 8,051 $ 8,054 __________ (1) Represents the portion of gross assessments required to fund the future policy benefits. Nine Months Ended September 30, 2024 2023 Weighted-average duration of the liability in years (at original discount rate) 22 22 Weighted-average interest rate (at original discount rate) 3.40 % 3.36 % The following table presents the reconciliation of the ending balances from above rollforwards, Benefit Reserves, DPL, and AIR including other liabilities, gross of related reinsurance recoverable, to the total liability for Future Policy Benefits on the Company's Consolidated Statement of Financial Position as of the periods indicated: Nine Months Ended September 30, 2024 2023 (in millions) Benefit reserves, EOP, post-flooring $ 203,297 $ 174,276 Deferred Profit Liability EOP, post-flooring 15,455 14,589 Additional insurance reserves, including amounts in AOCI, EOP, post-flooring 16,338 13,340 Subtotal of amounts disclosed above 235,090 202,205 Other Future Policy Benefits reserves(1) 50,384 51,346 Total Future Policy Benefits $ 285,474 $ 253,551 __________ (1) The following tables present revenue and interest expense related to Benefit Reserves, DPL, and AIR in the Company's Consolidated Statement of Operations as of the periods indicated: Nine Months Ended September 30, 2024 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 21,128 $ 1,384 $ 0 $ 4,359 $ 4,163 $ 419 $ 31,453 Deferred profit liability (149) 0 0 (287) (82) (7) (525) Additional insurance reserves 0 0 2,455 0 0 0 2,455 Total $ 20,979 $ 1,384 $ 2,455 $ 4,072 $ 4,081 $ 412 $ 33,383 Nine Months Ended September 30, 2023 Revenues(1) Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 9,310 $ 1,384 $ 0 $ 4,849 $ 4,741 $ 415 $ 20,699 Deferred profit liability (79) 0 0 (464) (105) 37 (611) Additional insurance reserves 0 0 2,357 0 0 0 2,357 Total $ 9,231 $ 1,384 $ 2,357 $ 4,385 $ 4,636 $ 452 $ 22,445 Nine Months Ended September 30, 2024 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,483 $ 310 $ 0 $ 1,287 $ 1,105 $ 379 $ 5,564 Deferred profit liability 177 0 0 122 116 3 418 Additional insurance reserves 0 0 399 1 0 0 400 Total $ 2,660 $ 310 $ 399 $ 1,410 $ 1,221 $ 382 $ 6,382 Nine Months Ended September 30, 2023 Interest Expense Retirement Strategies Individual Life International Businesses Institutional Term Life Variable/Universal Life Life Planner Gibraltar Life and Other Other Businesses Total (in millions) Benefit reserves $ 2,132 $ 303 $ 0 $ 1,297 $ 1,135 $ 366 $ 5,233 Deferred profit liability 170 0 0 109 114 3 396 Additional insurance reserves 0 0 362 1 0 0 363 Total $ 2,302 $ 303 $ 362 $ 1,407 $ 1,249 $ 369 $ 5,992 __________ (1) Represents gross premiums for benefit reserves, gross premiums, excluding impact of foreign currency adjustments for DPL and gross assessments for AIR.

Policyholders' Account Balanc_2

Policyholders' Account Balances (Tables)	9 Months Ended
	Sep. 30, 2024
Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities [Abstract]
Policyholder Account Balance	The balances of and changes in policyholders' account balances as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Retirement Strategies Group Insurance Individual Life International Businesses Total Institutional Individual Variable Individual Fixed Life/Disability Variable/Universal Life Life Planner Gibraltar Life and Other ($ in millions) Balance, BOP $ 17,738 $ 23,765 $ 7,095 $ 5,293 $ 27,439 $ 12,949 $ 38,450 $ 132,729 Deposits 5,824 5,902 4,188 871 1,837 1,540 5,393 25,555 Interest credited 555 359 174 110 577 528 684 2,987 Acquisitions and dispositions 0 0 0 0 0 0 0 0 Policy charges (9) (22) (4) (248) (1,537) (246) (190) (2,256) Surrenders and withdrawals (4,123) (663) (537) (1,123) (1,264) (241) (1,230) (9,181) Benefit payments (461) (60) (62) 0 (98) (199) (1,618) (2,498) Net transfers (to) from separate account 0 61 0 29 443 0 0 533 Change in market value and other adjustments(1) 7 2,040 218 0 159 (347) (11) 2,066 Foreign currency adjustment 0 0 0 0 0 (103) (101) (204) Balance, EOP $ 19,531 $ 31,382 $ 11,072 $ 4,932 $ 27,556 $ 13,881 $ 41,377 $ 149,731 Closed Block Division 4,391 Unearned revenue reserve, unearned expense credit, and additional interest reserve 5,849 Other(2) 4,117 Total Policyholders' account balance $ 164,088 Weighted-average crediting rate 3.97 % 1.73 % 2.57 % 2.86 % 2.80 % 5.25 % 2.29 % 2.82 % Net amount at risk(3) $ 0 $ 0 $ 0 $ 73,883 $ 392,501 $ 21,532 $ 6,406 $ 494,322 Cash surrender value(4) $ 19,531 $ 30,049 $ 9,528 $ 3,842 $ 23,692 $ 12,638 $ 37,769 $ 137,049 Nine Months Ended September 30, 2023 Retirement Strategies Group Insurance Individual Life International Businesses Total Institutional Individual Variable Individual Fixed Life/Disability Variable/Universal Life Life Planner Gibraltar Life and Other ($ in millions) Balance, BOP $ 17,376 $ 17,524 $ 4,643 $ 5,839 $ 26,502 $ 11,168 $ 35,325 $ 118,377 Deposits 4,407 3,444 1,839 811 1,773 1,640 4,274 18,188 Interest credited 509 219 96 124 583 577 531 2,639 Acquisitions and Dispositions 0 0 0 0 0 0 0 0 Policy charges (16) (17) (6) (247) (1,536) (222) (146) (2,190) Surrenders and withdrawals (4,332) (492) (298) (1,217) (1,267) (153) (1,015) (8,774) Benefit payments 0 (58) (58) 0 (119) (203) (1,462) (1,900) Net transfers (to) from separate account 0 22 0 2 1,282 0 0 1,306 Change in market value and other adjustments(1) 0 1,192 82 0 75 21 (7) 1,363 Foreign currency adjustment 0 0 0 0 0 (1,071) (1,291) (2,362) Balance, EOP $ 17,944 $ 21,834 $ 6,298 $ 5,312 $ 27,293 $ 11,757 $ 36,209 $ 126,647 Closed Block Division 4,528 Unearned revenue reserve, unearned expense credit, and additional interest reserve 5,109 Other(2) 4,504 Total Policyholders' account balance $ 140,788 Weighted-average crediting rate 3.85 % 1.48 % 2.33 % 2.97 % 2.89 % 6.72 % 1.98 % 2.87 % Net amount at risk(3) $ 0 $ 0 $ 0 $ 73,260 $ 378,191 $ 17,400 $ 6,274 $ 475,125 Cash surrender value(4) $ 17,944 $ 19,184 $ 5,038 $ 3,966 $ 23,101 $ 10,063 $ 31,144 $ 110,440 __________ (1) Primarily relates to changes in the value of embedded derivative instruments associated with the indexed options of certain products. (2) Includes $5,207 million and $5,621 million of Full Service account balances reinsured to Great-West as of September 30, 2024 and 2023, respectively. (3) The net amount at risk calculation includes both general account and separate account balances. (4) Cash surrender value represents the amount of the contractholder's account balances distributable at the balance sheet date less certain surrender charges. There are no cash surrender charges for the Institutional Retirement Strategies segment.
Policyholder Account Balance, Guaranteed Minimum Crediting Rate	The balance of account values by range of guaranteed minimum crediting rates and the related range of difference, in basis points (“bps”), between rates being credited to policyholders and the respective guaranteed minimums are as follows: September 30, 2024 Range of Guaranteed Minimum Crediting Rate (1) At guaranteed minimum 1 - 50 bps above guaranteed minimum 51 - 150 bps above guaranteed minimum Greater than 150 bps above guaranteed minimum Total (in millions) Retirement Strategies - Institutional Less than 1.00% $ 400 $ 0 $ 0 $ 0 $ 400 1.00% - 1.99% 1,551 0 0 0 1,551 2.00% - 2.99% 83 0 0 0 83 3.00% - 4.00% 4,715 0 0 0 4,715 Greater than 4.00% 3,201 0 0 0 3,201 Total $ 9,950 $ 0 $ 0 $ 0 $ 9,950 Retirement Strategies - Individual Variable Less than 1.00% $ 324 $ 622 $ 447 $ 0 $ 1,393 1.00% - 1.99% 156 211 3 0 370 2.00% - 2.99% 23 4 4 0 31 3.00% - 4.00% 1,763 5 8 0 1,776 Greater than 4.00% 85 0 0 0 85 Total $ 2,351 $ 842 $ 462 $ 0 $ 3,655 Retirement Strategies - Individual Fixed Less than 1.00% $ 0 $ 3 $ 10 $ 967 $ 980 1.00% - 1.99% 474 82 226 75 857 2.00% - 2.99% 545 463 560 17 1,585 3.00% - 4.00% 1,565 83 10 3 1,661 Greater than 4.00% 85 0 0 0 85 Total $ 2,669 $ 631 $ 806 $ 1,062 $ 5,168 Group Insurance - Life / Disability Less than 1.00% $ 0 $ 0 $ 0 $ 966 $ 966 1.00% - 1.99% 0 0 0 0 0 2.00% - 2.99% 41 0 0 0 41 3.00% - 4.00% 1,432 0 0 63 1,495 Greater than 4.00% 68 0 0 0 68 Total $ 1,541 $ 0 $ 0 $ 1,029 $ 2,570 Individual Life - Variable / Universal Life Less than 1.00% $ 0 $ 0 $ 0 $ 309 $ 309 1.00% - 1.99% 262 0 1,692 1,875 3,829 2.00% - 2.99% 31 1,505 2,834 453 4,823 3.00% - 4.00% 4,244 3,811 1,344 33 9,432 Greater than 4.00% 5,406 0 0 0 5,406 Total $ 9,943 $ 5,316 $ 5,870 $ 2,670 $ 23,799 International Businesses - Life Planner Less than 1.00% $ 315 $ 43 $ 82 $ 2,809 $ 3,249 1.00% - 1.99% 2,904 29 0 0 2,933 2.00% - 2.99% 2,085 0 0 0 2,085 3.00% - 4.00% 380 0 0 0 380 Greater than 4.00% 410 0 0 0 410 Total $ 6,094 $ 72 $ 82 $ 2,809 $ 9,057 International Businesses - Gibraltar Life and Other Less than 1.00% $ 15,688 $ 0 $ 0 $ 0 $ 15,688 1.00% - 1.99% 8,425 54 0 0 8,479 2.00% - 2.99% 2,785 300 31 0 3,116 3.00% - 4.00% 5,962 0 0 0 5,962 Greater than 4.00% 8,001 0 0 0 8,001 Total $ 40,861 $ 354 $ 31 $ 0 $ 41,246 September 30, 2023 Range of Guaranteed Minimum Crediting Rate (1) At guaranteed minimum 1 - 50 bps above guaranteed minimum 51 - 150 bps above guaranteed minimum Greater than 150 bps above guaranteed minimum Total (in millions) Retirement Strategies - Institutional Less than 1.00% $ 400 $ 0 $ 0 $ 0 $ 400 1.00% - 1.99% 1,551 0 0 0 1,551 2.00% - 2.99% 551 0 0 0 551 3.00% - 4.00% 5,312 0 0 0 5,312 Greater than 4.00% 2,150 0 0 0 2,150 Total $ 9,964 $ 0 $ 0 $ 0 $ 9,964 Retirement Strategies - Individual Variable Less than 1.00% $ 944 $ 821 $ 18 $ 0 $ 1,783 1.00% - 1.99% 224 2 1 0 227 2.00% - 2.99% 32 5 3 0 40 3.00% - 4.00% 2,046 8 10 0 2,064 Greater than 4.00% 97 0 0 0 97 Total $ 3,343 $ 836 $ 32 $ 0 $ 4,211 Retirement Strategies - Individual Fixed Less than 1.00% $ 0 $ 0 $ 0 $ 20 $ 20 1.00% - 1.99% 544 129 246 82 1,001 2.00% - 2.99% 535 469 320 12 1,336 3.00% - 4.00% 343 9 0 0 352 Greater than 4.00% 97 0 0 0 97 Total $ 1,519 $ 607 $ 566 $ 114 $ 2,806 Group Insurance - Life / Disability Less than 1.00% $ 0 $ 0 $ 0 $ 1,221 $ 1,221 1.00% - 1.99% 0 0 0 0 0 2.00% - 2.99% 29 0 0 0 29 3.00% - 4.00% 1,565 0 0 0 1,565 Greater than 4.00% 73 0 0 0 73 Total $ 1,667 $ 0 $ 0 $ 1,221 $ 2,888 Individual Life - Variable / Universal Life Less than 1.00% $ 0 $ 0 $ 0 $ 408 $ 408 1.00% - 1.99% 185 0 2,528 884 3,597 2.00% - 2.99% 29 1,418 2,940 349 4,736 3.00% - 4.00% 4,478 4,189 1,315 14 9,996 Greater than 4.00% 5,533 0 0 0 5,533 Total $ 10,225 $ 5,607 $ 6,783 $ 1,655 $ 24,270 International Businesses - Life Planner Less than 1.00% $ 320 $ 42 $ 90 $ 1,440 $ 1,892 1.00% - 1.99% 2,815 25 0 0 2,840 2.00% - 2.99% 2,013 0 0 0 2,013 3.00% - 4.00% 335 0 0 0 335 Greater than 4.00% 380 0 0 0 380 Total $ 5,863 $ 67 $ 90 $ 1,440 $ 7,460 International Businesses - Gibraltar Life and Other Less than 1.00% $ 15,671 $ 0 $ 0 $ 0 $ 15,671 1.00% - 1.99% 8,864 0 0 0 8,864 2.00% - 2.99% 3,153 310 38 0 3,501 3.00% - 4.00% 4,145 0 0 0 4,145 Greater than 4.00% 3,873 0 0 0 3,873 Total $ 35,706 $ 310 $ 38 $ 0 $ 36,054 ____________ (1) Excludes contracts without minimum guaranteed crediting rates, such as funds with indexed-linked crediting options and Japan variable products.
Additional Liability, Long-Duration Insurance	The balance of and changes in URR as of and for the periods ended are as follows: Nine Months Ended September 30, 2024 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 4,613 $ 359 $ 95 $ 5,067 Unearned revenue 653 107 15 775 Amortization expense (179) (12) (4) (195) Other adjustments 0 (56) (1) (57) FX adjustment 0 1 0 1 Balance, EOP 5,087 399 105 5,591 Less: Reinsurance recoverables 409 0 0 409 Balance after reinsurance recoverables, EOP $ 4,678 $ 399 $ 105 $ 5,182 Other businesses 56 Total balance after reinsurance recoverables, EOP $ 5,238 Nine Months Ended September 30, 2023 Individual Life International Businesses Variable/ Universal Life Life Planner Gibraltar Life and Other Total (in millions) Balance, BOP $ 3,983 $ 231 $ 81 $ 4,295 Unearned revenue 622 100 16 738 Amortization expense (154) (7) (4) (165) Other adjustments 0 2 0 2 FX adjustment 0 (22) (5) (27) Balance, EOP 4,451 304 88 4,843 Less: Reinsurance recoverables 0 0 0 0 Balance after reinsurance recoverables, EOP $ 4,451 $ 304 $ 88 $ 4,843 Other businesses 50 Total balance after reinsurance recoverables, EOP $ 4,893

Market Risk Benefits (Tables)

Market Risk Benefits (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Market Risk Benefits In Asset and Liability Positions	The following table shows a rollforward of MRB balances for variable annuity products within Individual Retirement Strategies, which is the only line of business that contains a material MRB balance, along with a reconciliation to the Company’s total net MRB positions as of the following dates: Nine Months Ended September 30, 2024 2023 (in millions) Balance, BOP $ 4,038 $ 4,987 Effect of cumulative changes in NPR 1,137 1,828 Balance, BOP, before effect of changes in NPR 5,175 6,815 Attributed fees collected 850 899 Claims paid (61) (83) Interest accrual 187 255 Actual in force different from expected 16 54 Effect of changes in interest rates 54 (2,986) Effect of changes in equity markets (1,712) (995) Effect of assumption update 93 342 Issuances 52 15 Other adjustments 14 (24) Balance, EOP, before effect of changes in NPR 4,668 4,292 Effect of cumulative changes in NPR (996) (1,301) Balance, EOP 3,672 2,991 Less: Reinsured MRBs 681 610 Balance, EOP, net of reinsurance 2,991 2,381 Other businesses 53 79 Total net MRB balance $ 3,044 $ 2,460 The following table presents accompanying information to the rollforward table above. September 30, 2024 September 30, 2023 ($ in millions) Net amount at risk(1) $ 7,878 $ 13,417 Weighted-average attained age of contractholders 71 70 __________ (1) For contracts with multiple benefit features, the highest net amount at risk for each contract is included. The tables below reconcile MRB asset and liability positions as of the following dates: September 30, 2024 Retirement Strategies Individual Variable Other Businesses Total (in millions) Direct and assumed $ 1,308 $ 10 $ 1,318 Ceded 814 2 816 Total MRB assets $ 2,122 $ 12 $ 2,134 Direct and assumed $ 4,980 $ 65 $ 5,045 Ceded 133 0 133 Total MRB liabilities $ 5,113 $ 65 $ 5,178 Net liability $ 2,991 $ 53 $ 3,044 September 30, 2023 Retirement Strategies Individual Variable Other Businesses Total (in millions) Direct and assumed $ 1,430 $ 10 $ 1,440 Ceded 757 3 760 Total MRB assets $ 2,187 $ 13 $ 2,200 Direct and assumed $ 4,421 $ 92 $ 4,513 Ceded 147 0 147 Total MRB liabilities $ 4,568 $ 92 $ 4,660 Net liability $ 2,381 $ 79 $ 2,460

Reinsurance (Tables)

Reinsurance (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Reinsurance amounts included in the Consolidated Statement of Operations	Reinsurance amounts included in the Unaudited Interim Consolidated Statements of Operations for “Premiums,” “Policy charges and fee income,” “Change in value of market risk benefits, net of related hedging gains (losses),” “Policyholders’ benefits” and “Change in estimates of liability for future policy benefits,” are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Direct premiums $ 11,983 $ 8,435 $ 33,656 $ 23,424 Reinsurance assumed 1,656 1,145 4,652 3,567 Reinsurance ceded (594) (5,407) (1,906) (6,546) Premiums $ 13,045 $ 4,173 $ 36,402 $ 20,445 Direct policy charges and fee income $ 1,663 $ 969 $ 3,476 $ 2,862 Reinsurance assumed 295 308 894 923 Reinsurance ceded (847) (165) (1,118) (466) Policy charges and fee income $ 1,111 $ 1,112 $ 3,252 $ 3,319 Direct change in value of market risk benefits, net of related hedging gains (losses) $ (130) $ (245) $ (319) $ (157) Reinsurance assumed (21) 65 58 148 Reinsurance ceded 5 (71) (59) (151) Change in value of market risk benefits, net of related hedging gains (losses) $ (146) $ (251) $ (320) $ (160) Direct policyholders’ benefits $ 13,023 $ 9,303 $ 36,849 $ 25,161 Reinsurance assumed 2,007 1,596 5,788 5,383 Reinsurance ceded (1,003) (5,736) (3,152) (7,416) Policyholders’ benefits $ 14,027 $ 5,163 $ 39,485 $ 23,128 Direct change in estimates of liability for future policy benefits $ 251 $ (103) $ 184 $ 326 Reinsurance assumed 19 (1) 77 (147) Reinsurance ceded (90) 55 (274) 52 Change in estimates of liability for future policy benefits $ 180 $ (49) $ (13) $ 231
Reinsurance recoverables	Reinsurance recoverables are as follows: September 30, 2024 December 31, 2023 (in millions) Individual and group annuities(1) $ 7,415 $ 7,516 Life insurance(2) 10,763 8,806 Other reinsurance 413 415 Total reinsurance recoverables(3)(4) $ 18,591 $ 16,737 __________ (1) Primarily represents $5,930 million and $5,981 million of reinsurance recoverables as of September 30, 2024 and December 31, 2023, respectively, established under the reinsurance agreement with Prismic Re under which the Company reinsured a portion of its in-force structured settlement annuities business. The Company has also recorded a funds withheld payable related to the reinsurance agreement with Prismic Re of $8,480 million and $8,543 million as of September 30, 2024 and December 31, 2023, respectively. Also includes reinsurance recoverables representing the modified coinsurance receivable established under the reinsurance agreement with FLIAC in which the Company assumed all of FLIAC’s indexed variable annuities of $1,441 million and $1,485 million as of September 30, 2024 and December 31, 2023, respectively. (2) Includes reinsurance recoverables established under the reinsurance arrangements associated with the acquisition of the Hartford Life Business of $2,085 million and $2,090 million as of September 30, 2024 and December 31, 2023, respectively. The Company has also recorded reinsurance payables related to the Hartford Life Business acquisition of $1,397 million and $1,396 million as of September 30, 2024 and December 31, 2023, respectively. Also includes net reinsurance recoverables of $818 million as of September 30, 2024 for the modified coinsurance receivable established under the reinsurance agreement with Somerset Re in which the Company reinsured a portion of its in-force guaranteed universal life block of business. (3) Net of $(11) million and $(12) million of allowance for credit losses as of September 30, 2024 and December 31, 2023, respectively. (4) Excludes deposit receivables of arrangements that are accounted for under the deposit method of accounting of $11,042 million and $10,574 million as of September 30, 2024 and December 31, 2023, respectively. Deposit receivables related to the reinsurance agreement with Prismic Re were $3,593 million and $3,771 million

Closed Block (Tables)

Closed Block (Tables)	9 Months Ended
	Sep. 30, 2024
Closed Block Disclosure [Abstract]
Schedule of Closed Block Liabilities and Assets	Closed Block liabilities and assets designated to the Closed Block, as well as maximum future earnings to be recognized from these liabilities and assets, are as follows: September 30, December 31, (in millions) Closed Block liabilities Future policy benefits $ 42,683 $ 43,587 Policyholders’ dividends payable 661 648 Policyholders’ dividend obligation 1,403 792 Policyholders’ account balances 4,391 4,500 Other Closed Block liabilities 3,790 3,605 Total Closed Block liabilities 52,928 53,132 Closed Block assets Fixed maturities, available-for-sale, at fair value 30,322 30,314 Fixed maturities, trading, at fair value 726 887 Equity securities, at fair value 1,824 1,970 Commercial mortgage and other loans 7,819 7,769 Policy loans 3,388 3,479 Other invested assets 4,710 4,513 Short-term investments 558 232 Total investments 49,347 49,164 Cash and cash equivalents 450 993 Accrued investment income 434 421 Other Closed Block assets 340 138 Total Closed Block assets 50,571 50,716 Excess of reported Closed Block liabilities over Closed Block assets 2,357 2,416 Portion of above representing accumulated other comprehensive income (loss): Net unrealized investment gains (losses) (1,229) (2,241) Allocated to policyholder dividend obligation 1,067 2,081 Future earnings to be recognized from Closed Block assets and Closed Block liabilities $ 2,195 $ 2,256
Schedule of Closed Block Dividend Obligation	Information regarding the policyholder dividend obligation is as follows: Nine Months Ended (in millions) Balance, December 31, 2023 $ 792 Impact from earnings allocable to policyholder dividend obligation (403) Change in net unrealized investment gains (losses) allocated to policyholder dividend obligation 1,014 Balance, September 30, 2024 $ 1,403
Schedule of Closed Block Revenues Benefits Expenses	Closed Block revenues and benefits and expenses are as follows for the periods indicated: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Revenues Premiums $ 392 $ 392 $ 1,234 $ 1,228 Net investment income 502 508 1,521 1,485 Realized investment gains (losses), net (232) (231) (531) (361) Other income (loss) 153 (58) 360 182 Total Closed Block revenues 815 611 2,584 2,534 Benefits and Expenses Policyholders’ benefits 535 534 1,723 1,716 Interest credited to policyholders’ account balances 29 30 88 89 Dividends to policyholders 177 (20) 614 574 General and administrative expenses 67 68 201 212 Total Closed Block benefits and expenses 808 612 2,626 2,591 Closed Block revenues, net of Closed Block benefits and expenses, before income taxes 7 (1) (42) (57) Income tax expense (benefit) (13) (23) (100) (109) Closed Block revenues, net of Closed Block benefits and expenses and income taxes $ 20 $ 22 $ 58 $ 52

Short-Term and Long-Term Debt (

Short-Term and Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Short-term Debt	The table below presents the Company’s short-term debt as of the dates indicated: September 30, 2024 December 31, 2023 ($ in millions) Commercial paper: Prudential Financial $ 25 $ 25 Prudential Funding, LLC 494 510 Subtotal commercial paper 519 535 Current portion of long-term debt: Surplus notes 347 0 Mortgage debt 84 83 Surplus notes subject to set-off arrangements(1) 1,750 2,000 Subtotal current portion of long-term debt 2,181 2,083 Subtotal 2,700 2,618 Less: assets under set-off arrangements(1) 1,750 2,000 Total short-term debt(2) $ 950 $ 618 Supplemental short-term debt information: Portion of commercial paper borrowings due overnight $ 95 $ 110 Daily average commercial paper outstanding for the quarter ended $ 1,671 $ 1,334 Weighted average maturity of outstanding commercial paper, in days 43 49 Weighted average interest rate on outstanding commercial paper 4.96 % 5.50 % _________ (1) The surplus notes have corresponding assets where rights to set-off exist, thereby reducing the amount of surplus notes included in short-term debt. (2) Includes Prudential Financial debt of $25 million at both September 30, 2024 and December 31, 2023.
Schedule of Long-term Debt	The table below presents the Company’s long-term debt as of the dates indicated: September 30, 2024 December 31, 2023 (in millions) Fixed-rate obligations: Surplus notes $ 0 $ 346 Surplus notes subject to set-off arrangements(1)(2) 11,796 9,790 Senior notes 10,165 10,112 Mortgage debt(3) 34 0 Floating-rate obligations: Line of credit 255 255 Surplus notes subject to set-off arrangements(1) 580 580 Mortgage debt(3) 33 75 Junior subordinated notes(4) 8,589 8,094 Subtotal 31,452 29,252 Less: assets under set-off arrangements(1) 12,376 10,370 Total long-term debt(5) $ 19,076 $ 18,882 __________ (1) The surplus notes have corresponding assets where rights to set-off exist, thereby reducing the amount of surplus notes included in long-term debt. (2) Amount includes $6.8 billion of surplus notes used to finance Guideline AXXX reserves for business reinsured to Somerset Re in March 2024. See Note 12 for additional information. (3) Includes $67 million and $27 million of debt denominated in foreign currency at September 30, 2024 and December 31, 2023, respectively. (4) Includes Prudential Financial debt of $8,546 million and $8,050 million at September 30, 2024, and December 31, 2023, respectively. Also includes subsidiary debt of $43 million and $44 million denominated in foreign currency at September 30, 2024, and December 31, 2023, respectively. (5) Includes Prudential Financial debt of $18,711 million and $18,162 million at September 30, 2024 and December 31, 2023, respectively.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs	Net periodic (benefit) cost included in “General and administrative expenses” includes the following components: Three Months Ended September 30, Pension Benefits Other Postretirement Benefits 2024 2023 2024 2023 (in millions) Components of net periodic (benefit) cost: Service cost $ 52 $ 51 $ 1 $ 2 Interest cost 135 138 12 17 Expected return on plan assets (238) (231) (19) (21) Amortization of prior service cost 0 (1) (16) (2) Amortization of actuarial (gain) loss, net 22 17 2 3 Settlements 1 1 0 0 Special termination benefits 0 0 0 0 Net periodic (benefit) cost $ (28) $ (25) $ (20) $ (1) Nine Months Ended September 30, Pension Benefits Other Postretirement Benefits 2024 2023 2024 2023 (in millions) Components of net periodic (benefit) cost: Service cost $ 155 $ 154 $ 5 $ 7 Interest cost 405 414 38 53 Expected return on plan assets (715) (694) (57) (64) Amortization of prior service cost (1) (1) (50) (6) Amortization of actuarial (gain) loss, net 67 51 6 8 Settlements 2 2 0 0 Special termination benefits 1 0 0 0 Net periodic (benefit) cost $ (86) $ (74) $ (58) $ (2)

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Common Stock Disclosure	The changes in the number of shares of Common Stock issued, held in treasury and outstanding, are as follows for the periods indicated: Common Stock Issued Held In Outstanding (in millions) Balance, December 31, 2023 666.3 307.1 359.2 Common Stock issued 0.0 0.0 0.0 Common Stock acquired 0.0 6.6 (6.6) Stock-based compensation programs(1) 0.0 (3.3) 3.3 Balance, September 30, 2024 666.3 310.4 355.9 __________ (1) Represents net shares issued from treasury pursuant to the Company’s stock-based compensation programs.
Dividends Declared	Dividends declared per share of Common Stock are as follows for the periods indicated: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Dividends declared per share of Common Stock $ 1.30 $ 1.25 $ 3.90 $ 3.75
Components of Accumulated Other Comprehensive Income (Loss)	The balance of and changes in each component of AOCI as of and for the nine months ended September 30, 2024 and 2023, are as follows: Accumulated Other Comprehensive Income (Loss) Attributable to Foreign Net Unrealized Interest rate remeasurement of Liability for Future Policy Benefits Gains (Losses) from Changes in Non-performance Risk on Market Risk Benefits Pension and Total (in millions) Balance, December 31, 2023 $ (2,686) $ (11,213) $ 8,547 $ 900 $ (2,052) $ (6,504) Change in OCI before reclassifications 31 (1,440) 2,224 (142) 3 676 Amounts reclassified from AOCI (34) 1,428 0 0 22 1,416 Income tax benefit (expense) 25 328 (780) 30 (35) (432) Balance, September 30, 2024 $ (2,664) $ (10,897) $ 9,991 $ 788 $ (2,062) $ (4,844) Accumulated Other Comprehensive Income (Loss) Attributable to Foreign Net Unrealized Interest rate remeasurement of Liability for Future Policy Benefits Gains (Losses) from Changes in Non-performance Risk on Market Risk Benefits Pension and Total (in millions) Balance, December 31, 2022 $ (2,274) $ (16,194) $ 15,242 $ 1,448 $ (2,028) $ (3,806) Change in OCI before reclassifications (650) (10,094) 5,529 (528) 15 (5,728) Amounts reclassified from AOCI 1 615 0 0 52 668 Income tax benefit (expense) (93) 2,213 (1,177) 111 (19) 1,035 Balance, September 30, 2023 $ (3,016) $ (23,460) $ 19,594 $ 1,031 $ (1,980) $ (7,831) __________ (1) Includes cash flow hedges of $694 million and $869 million as of September 30, 2024 and December 31, 2023, respectively, and $1,947 million and $2,616 million as of September 30, 2023 and December 31, 2022, respectively, and fair value hedges of $(164) million and $(60) million as of September 30, 2024 and December 31, 2023, respectively, and $(18) million and $(54) million as of September 30, 2023 and December 31, 2022, respectively.
Reclassification Out Of Accumulated Other Comprehensive Income (Loss)	Reclassifications out of Accumulated Other Comprehensive Income (Loss) Three Months Ended Nine Months Ended Affected line item in Unaudited Interim Consolidated Statements of Operations 2024 2023 2024 2023 (in millions) Amounts reclassified from AOCI(1)(2): Foreign currency translation adjustment: Foreign currency translation adjustments $ 14 $ 0 $ 34 $ (1) Realized investment gains (losses), net Net unrealized investment gains (losses): Cash flow hedges—Interest rate (5) (3) (25) (32) (3) Cash flow hedges—Currency (1) 3 3 11 (3) Cash flow hedges—Currency/Interest rate (117) 221 154 286 (3) Fair value hedges—Currency (2) (2) (7) (6) (3) Net unrealized investment gains (losses) on available-for-sale securities (836) (453) (1,553) (874) Realized investment gains (losses), net Total net unrealized investment gains (losses) (961) (234) (1,428) (615) (4) Amortization of defined benefit items: Prior service cost 16 3 51 7 (5) Actuarial gain (loss) (24) (20) (73) (59) (5) Total amortization of defined benefit items (8) (17) (22) (52) Total reclassifications for the period $ (955) $ (251) $ (1,416) $ (668) __________ (1) All amounts are shown before tax. (2) Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI. (3) See Note 5 for additional information regarding cash flow and fair value hedges. (4) See table below for additional information regarding unrealized investment gains (losses), including the impact on deferred policy acquisition and other costs, future policy benefits and policyholders’ dividends. (5) See Note 16 for additional information regarding employee benefit plans.
Net Unrealized Investment Gains (Losses) on AFS Fixed Maturity Securities with Allowance for Credit losses and All Other Investments AOCI Rollforward	The amounts for the periods indicated below, split between amounts related to available-for-sale fixed maturity securities on which an allowance for credit losses has been recorded, and all other net unrealized investment gains (losses), are as follows: Net Unrealized Investment Gains (Losses) on Available-for-Sale Fixed Maturity Securities on Which an Allowance for Credit Losses has been Recorded Net Unrealized Reinsurance Recoverables Future Policy Policyholders’ Income Tax Benefit (Expense) Accumulated Other Comprehensive Income (Loss) Related to Net Unrealized Investment Gains (Losses) (in millions) Balance, December 31, 2023 $ (72) $ (17,179) $ (484) $ 1,306 $ 2,081 $ 3,135 $ (11,213) Net investment gains (losses) on investments arising during the period (61) 36 (1) (26) Reclassification adjustment for (gains) losses included in net income 11 1,417 31 1,459 Reclassification due to allowance for credit losses recorded during the period 1 (1) 0 0 Impact of net unrealized investment (gains) losses 326 (727) (1,014) 298 (1,117) Balance, September 30, 2024 $ (121) $ (15,727) $ (158) $ 579 $ 1,067 $ 3,463 $ (10,897) __________ (1) Includes cash flow and fair value hedges. See Note 5 for additional information.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Reconciliation of Earnings Per Share	A reconciliation of the numerators and denominators of the basic and diluted per share computations of Common Stock based on the consolidated earnings of Prudential Financial for the periods indicated is as follows: Three Months Ended September 30, 2024 2023 Income Weighted Per Share Income Weighted Per Share (in millions, except per share amounts) Basic earnings per share Net income (loss) $ 451 $ (791) Less: Income (loss) attributable to noncontrolling interests 3 11 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards 5 5 Net income (loss) attributable to Prudential Financial available to holders of Common Stock $ 443 356.9 $ 1.24 $ (807) 362.6 $ (2.23) Effect of dilutive securities and compensation programs Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic $ 5 $ 5 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted 5 5 Stock options 0.2 0.0 Deferred and long-term compensation programs 1.6 0.0 Diluted earnings per share Net income (loss) attributable to Prudential Financial available to holders of Common Stock $ 443 358.7 $ 1.24 $ (807) 362.6 $ (2.23) __________ (1) For the three months ended September 30, 2023, weighted average shares for basic earnings per share is also used for calculating diluted earnings per share because dilutive shares and dilutive earnings per share are not applicable when a net loss is reported. As a result of the net loss attributable to Prudential Financial available to holders of Common Stock for the three months ended September 30, 2023, all potential stock options and compensation programs were considered antidilutive. Nine Months Ended September 30, 2024 2023 Income Weighted Per Share Income Weighted Per Share (in millions, except per share amounts) Basic earnings per share Net income (loss) $ 2,773 $ 1,182 Less: Income (loss) attributable to noncontrolling interests (11) 11 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards 33 17 Net income (loss) attributable to Prudential Financial available to holders of Common Stock $ 2,751 358.3 $ 7.68 $ 1,154 364.6 $ 3.17 Effect of dilutive securities and compensation programs Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic $ 33 $ 17 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted 33 17 Stock options 0.2 0.2 Deferred and long-term compensation programs 1.4 1.0 Diluted earnings per share Net income (loss) attributable to Prudential Financial available to holders of Common Stock $ 2,751 359.9 $ 7.64 $ 1,154 365.8 $ 3.15
Earnings Per Share Computation	For the periods indicated, the number of stock options and shares related to deferred and long-term compensation programs that were considered antidilutive and were excluded from the computation of diluted earnings per share, weighted for the portion of the period they were outstanding, are as follows: Three Months Ended September 30, 2024 2023 Shares Exercise Price Shares Exercise Price (in millions, except per share amounts, based on weighted average) Antidilutive stock options based on application of the treasury stock method 0.0 $ 0.00 1.1 $ 103.19 Antidilutive stock options due to net loss available to holders of Common Stock 0.0 0.1 Antidilutive shares based on application of the treasury stock method 0.0 0.0 Antidilutive shares due to net loss available to holders of Common Stock 0.0 1.1 Total antidilutive stock options and shares 0.0 2.3 Nine Months Ended September 30, 2024 2023 Shares Exercise Price Shares Exercise Price (in millions, except per share amounts, based on weighted average) Antidilutive stock options based on application of the treasury stock method 0.1 $ 110.42 1.3 $ 101.72 Antidilutive stock options due to net loss available to holders of Common Stock 0.0 0.0 Antidilutive shares based on application of the treasury stock method 0.0 0.1 Antidilutive shares due to net loss available to holders of Common Stock 0.0 0.0 Total antidilutive stock options and shares 0.1 1.4

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	The table below reconciles “Adjusted operating income before income taxes” to “Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities”: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Adjusted operating income before income taxes by segment: PGIM $ 241 $ 211 $ 616 $ 541 U.S. Businesses: Institutional Retirement Strategies 438 439 1,429 1,263 Individual Retirement Strategies 528 502 1,488 1,391 Retirement Strategies(1) 966 941 2,917 2,654 Group Insurance 82 89 248 253 Individual Life(1) 60 58 (148) (103) Total U.S. Businesses 1,108 1,088 3,017 2,804 International Businesses: Life Planner 464 527 1,409 1,536 Gibraltar Life and Other 302 284 955 899 Total International Businesses 766 811 2,364 2,435 Corporate and Other(2) (487) (438) (1,293) (1,381) Total segment adjusted operating income before income taxes 1,628 1,672 4,704 4,399 Reconciling items: Realized investment gains (losses), net, and related charges and adjustments(2) (805) (2,491) (774) (2,879) Change in value of market risk benefits, net of related hedging gains (losses) (146) (251) (320) (160) Market experience updates (127) 143 (112) 188 Divested and Run-off Businesses: Closed Block division 2 2 (61) (50) Other Divested and Run-off Businesses(2) 47 (113) 50 (22) Equity in earnings of joint ventures and other operating entities and earnings attributable to noncontrolling interests (43) (11) (113) (42) Other adjustments(3) (3) (9) (16) (24) Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities per Unaudited Interim Consolidated Financial Statements $ 553 $ (1,058) $ 3,358 $ 1,410 __________ (1) The Retirement Strategies and Individual Life segments’ results reflect DAC as if the business is a stand-alone operation. The elimination of intersegment costs capitalized in accordance with this policy is included in consolidating adjustments within Corporate and Other operations. (2) Prior period amounts have been updated to conform to current period presentation. (3) Includes components of consideration for business acquisitions, which are recognized as compensation expense over the requisite service period.
Reconciliation of Certain Financial Information from Segments to Consolidated	The tables below present certain financial information for the Company’s segments and its Corporate and Other operations, including assets by segment and revenues by segment on an adjusted operating income basis, and the reconciliation of the segment totals to amounts reported in the Unaudited Interim Consolidated Financial Statements. September 30, December 31, (in millions) Assets by segment: PGIM $ 37,878 $ 42,064 U.S. Businesses: Institutional Retirement Strategies 131,755 111,308 Individual Retirement Strategies 152,002 139,934 Retirement Strategies 283,757 251,242 Group Insurance 40,201 39,214 Individual Life 122,526 116,449 Total U.S. Businesses 446,484 406,905 International Businesses: Life Planner 82,645 81,164 Gibraltar Life and Other 110,651 110,060 Total International Businesses 193,296 191,224 Corporate and Other 31,712 29,842 Closed Block division 50,924 51,088 Total assets per Unaudited Interim Consolidated Financial Statements $ 760,294 $ 721,123 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Revenues by segment: PGIM $ 1,021 $ 976 $ 2,974 $ 2,723 U.S. Businesses: Institutional Retirement Strategies 9,473 221 25,052 7,847 Individual Retirement Strategies 1,310 1,153 3,770 3,367 Retirement Strategies 10,783 1,374 28,822 11,214 Group Insurance 1,643 1,576 4,863 4,738 Individual Life 1,546 1,589 4,655 4,680 Total U.S. Businesses 13,972 4,539 38,340 20,632 International Businesses: Life Planner 2,247 2,359 7,164 7,364 Gibraltar Life and Other 2,170 2,207 6,478 6,940 Total International Businesses: 4,417 4,566 13,642 14,304 Corporate and Other(1) 71 (37) 65 (50) Total revenues on an adjusted operating income basis 19,481 10,044 55,021 37,609 Reconciling items: Realized investment gains (losses), net, and related charges and adjustments(1) (967) (2,396) (425) (2,379) Change in value of market risk benefits, net of related hedging gains (losses) (146) (251) (320) (160) Market experience updates (34) 39 (92) 58 Divested and Run-off Businesses: Closed Block division 817 615 2,590 2,541 Other Divested and Run-off Businesses(1) 384 323 1,209 1,277 Equity in earnings of joint ventures and other operating entities and earnings attributable to noncontrolling interests (45) (22) (101) (51) Total revenues per Unaudited Interim Consolidated Financial Statements $ 19,490 $ 8,352 $ 57,882 $ 38,895 __________ (1) Prior period amounts have been updated to conform to current period presentation.
Schedule of Intersegment Revenues	The PGIM segment revenues include intersegment revenues, primarily consisting of asset-based management and administration fees, as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) PGIM segment intersegment revenues $ 206 $ 201 $ 617 $ 604
Schedule of Asset Management and Service Fees	The table below presents asset management and service fees, predominantly related to investment management activities, for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Asset-based management fees $ 841 $ 799 $ 2,526 $ 2,377 Performance-based incentive fees 17 26 78 33 Other fees 126 127 380 377 Total asset management and service fees $ 984 $ 952 $ 2,984 $ 2,787

Related Party Disclosures (Tabl

Related Party Disclosures (Tables)	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The related party balances with Prismic and Prismic Re impacted the Company’s balance sheet as of the periods indicated as follows: September 30, December 31, (in millions) Reinsurance recoverables and deposit receivables $ 9,523 $ 9,752 Other assets $ 130 $ 132 Reinsurance and funds withheld payables (includes $578 and $508 of embedded derivatives at fair value at September 30, 2024 and December 31, 2023, respectively) $ 8,480 $ 8,544 Accumulated other comprehensive income (loss) $ 291 $ 335 The related party activity with Prismic and Prismic Re impacted the Company’s results of operations and cash flows for the period indicated as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Premiums $ (4) $ (4,814) $ 11 $ (4,814) Net investment income 0 13 0 13 Asset management and service fees 9 3 27 3 Other income (loss) 40 0 114 0 Realized investment gains(losses), net (710) 435 (392) 435 Policyholders’ benefits (70) (4,839) (211) (4,839) Change in estimates of liability for future policy benefits (4) 2 12 2 General and administrative expenses 9 7 28 7 Income (loss) from related parties, before income taxes (600) 467 (69) 467 Other comprehensive income (loss), before tax 383 (394) 291 (394) Total comprehensive income (loss), before tax $ (217) $ 73 $ 222 $ 73 Nine Months Ended September 30, 2024 2023 (in millions) CASH FLOWS FROM OPERATING ACTIVITIES Adjustments to reconcile net income (loss) to net cash provided by operating activities: Realized investment (gains) losses, net $ 392 $ (435) Change in: Other, net $ (554) $ (25) CASH FLOWS FROM FINANCING ACTIVITIES Other, net $ 285 $ 1

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Mortgage Loans	The following table sets forth the composition of “Commercial mortgage and other loans,” as of the dates indicated: September 30, 2024 December 31, 2023 Amount % of Amount % of ($ in millions) Commercial mortgage and agricultural property loans by property type: Office $ 8,216 13.2 % $ 8,402 14.2 % Retail 5,409 8.7 5,384 9.1 Apartments/Multi-Family 17,710 28.5 16,555 28.0 Industrial 16,463 26.5 15,263 25.8 Hospitality 2,010 3.2 2,086 3.5 Other 4,507 7.4 4,069 6.9 Total commercial mortgage loans 54,315 87.5 51,759 87.5 Agricultural property loans 7,738 12.5 7,426 12.5 Total commercial mortgage and agricultural property loans 62,053 100.0 % 59,185 100.0 % Allowance for credit losses (555) (459) Total net commercial mortgage and agricultural property loans 61,498 58,726 Other loans: Uncollateralized loans 674 425 Residential property loans 23 30 Other collateralized loans 426 125 Total other loans 1,123 580 Allowance for credit losses (48) (1) Total net other loans 1,075 579 Total net commercial mortgage and other loans(1) $ 62,573 $ 59,305 __________ (1) Includes loans which are carried at fair value under the fair value option and are collateralized primarily by apartment complexes. As of September 30, 2024 and December 31, 2023, the net carrying value of these loans was $1,098 million and $519 million, respectively. Commercial Mortgage Loan Commitments September 30, December 31, (in millions) Total outstanding mortgage loan commitments $ 2,294 $ 1,798 Portion of commitment where prearrangement to sell to investor exists $ 514 $ 366 Indemnification of Serviced Mortgage Loans September 30, December 31, (in millions) Maximum exposure under indemnification agreements for mortgage loans serviced by the Company $ 3,189 $ 3,102 First-loss exposure portion of above $ 922 $ 898 Accrued liability associated with guarantees(1) $ 26 $ 28 __________ (1) The accrued liability associated with guarantees includes an allowance for credit losses of $12 million and $14 million as of September 30, 2024 and December 31, 2023, respectively. The change in allowance was a reduction of $1 million for both the three months ended September 30, 2024 and 2023, and a reduction of $2 million for both the nine months ended September 30, 2024 and 2023.
Commitments to Purchase Investments (excluding Commercial Mortgage Loans)	Commitments to Purchase Investments (excluding Commercial Mortgage Loans) September 30, December 31, (in millions) Expected to be funded from the general account and other operations outside the separate accounts $ 10,816 $ 10,675 Expected to be funded from separate accounts $ 66 $ 39
Indemnification of Securities Lending and Securities Repurchase Transactions	Indemnification of Securities Lending and Securities Repurchase Transactions September 30, December 31, (in millions) Indemnification provided to certain clients for securities lending and securities repurchase transactions(1) $ 6,263 $ 5,409 Fair value of related collateral associated with above indemnifications(1) $ 6,398 $ 5,528 Accrued liability associated with guarantee $ 0 $ 0 __________ (1) Includes $265 million and $0 million related to securities repurchase transactions as of September 30, 2024 and December 31, 2023, respectively.
Guarantees	Guarantees of Asset Values September 30, December 31, (in millions) Guaranteed value of third-parties’ assets $ 75,271 $ 78,009 Fair value of collateral supporting these assets $ 71,533 $ 73,186 Asset (liability) associated with guarantee, carried at fair value $ (1) $ (2) Other Guarantees September 30, December 31, (in millions) Other guarantees where amount can be determined $ 292 $ 36 Accrued liability for other guarantees and indemnifications $ 32 $ 32

Business and Basic Presentation

Business and Basic Presentation (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Restructuring Charges		$ 200
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	$ 553		$ (1,058)	$ 3,358	$ 1,410
Related Party
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	(600)		467	$ (69)	467
Out of period adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	(136)
Change to the allowance for credit losses	50
Out of period adjustments | Indexed Annuity
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Policyholder Account Balance, Increase (Decrease) from Other Change	$ 86
Prismic HoldCo | Related Party
Related Party Transaction [Line Items]
Carrying value			$ 200		$ 200
Equity Method Investment, Ownership Percentage			20%		20%

Significant Accounting Polici_3

Significant Accounting Policies and Pronouncements (Details) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	[1]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Equity, Including Portion Attributable to Noncontrolling Interest	$ 32,015	$ 29,560	$ 28,870	$ 29,263	$ 26,947	$ 29,455	$ 32,447	$ 31,548
Liability for Future Policy Benefit, after Reinsurance	196,647				168,416
Deferred profit liability
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Liability for Future Policy Benefit, after Reinsurance	15,018				14,188
Change in AOCI
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Equity, Including Portion Attributable to Noncontrolling Interest	(4,844)	(7,444)	(7,661)	(6,504)	(7,831)	(6,649)	(3,825)	(3,806)
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Equity, Including Portion Attributable to Noncontrolling Interest	$ 33,714	$ 33,737	$ 33,014	$ 32,352	$ 31,493	$ 32,756	$ 32,708	$ 31,714
[1] Prior period amounts reflect the implementation of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.

Investments (Fixed Maturities S

Investments (Fixed Maturities Securities Excluding Investments Classified as Trading) (Details) - USD ($) $ in Millions		Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		$ 357,428		$ 334,598
Gross Unrealized Gains		9,922		9,777
Gross Unrealized Losses		26,385		27,894
Fixed Maturities, AFS, allowance for credit losses		235	$ 169	160	$ 239	$ 276	$ 138
Fixed maturities, available-for-sale, at fair value	[1]	340,730		316,321
U.S. Treasury securities and obligations of U.S. government authorities and agencies
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		28,379		24,874
Gross Unrealized Gains		1,063		1,091
Gross Unrealized Losses		3,794		4,169
Fixed Maturities, AFS, allowance for credit losses		0	0	0	0	0	0
Fixed maturities, available-for-sale, at fair value		25,648		21,796
Obligations of U.S. states and their political subdivisions
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		7,216		8,650
Gross Unrealized Gains		224		267
Gross Unrealized Losses		411		459
Fixed Maturities, AFS, allowance for credit losses		0		0
Fixed maturities, available-for-sale, at fair value		7,029		8,458
Foreign government securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		70,344		71,556
Gross Unrealized Gains		2,668		3,895
Gross Unrealized Losses		7,552		5,208
Fixed Maturities, AFS, allowance for credit losses		0	0	53	64	56	1
Fixed maturities, available-for-sale, at fair value		65,460		70,190
U.S. public corporate securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		115,390		105,593
Gross Unrealized Gains		2,946		2,357
Gross Unrealized Losses		8,049		9,711
Fixed Maturities, AFS, allowance for credit losses		79		67
Fixed maturities, available-for-sale, at fair value		110,208		98,172
U.S. private corporate securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		45,419		42,801
Gross Unrealized Gains		1,101		807
Gross Unrealized Losses		2,010		2,574
Fixed Maturities, AFS, allowance for credit losses		31		14
Fixed maturities, available-for-sale, at fair value		44,479		41,020
Foreign public corporate securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		24,278		20,473
Gross Unrealized Gains		576		487
Gross Unrealized Losses		1,016		1,298
Fixed Maturities, AFS, allowance for credit losses		25		19
Fixed maturities, available-for-sale, at fair value		23,813		19,643
Foreign private corporate securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		37,940		35,128
Gross Unrealized Gains		1,006		613
Gross Unrealized Losses		2,913		3,446
Fixed Maturities, AFS, allowance for credit losses		100		5
Fixed maturities, available-for-sale, at fair value		35,933		32,290
Asset-backed securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		16,062		12,514
Gross Unrealized Gains		228		202
Gross Unrealized Losses		67		119
Fixed Maturities, AFS, allowance for credit losses		0	1	2	2	1	1
Fixed maturities, available-for-sale, at fair value		16,223		12,595
Commercial mortgage-backed securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		9,616		10,571
Gross Unrealized Gains		75		34
Gross Unrealized Losses		419		713
Fixed Maturities, AFS, allowance for credit losses		0	0	0	0	0	0
Fixed maturities, available-for-sale, at fair value		9,272		9,892
Residential mortgage-backed securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		2,784		2,438
Gross Unrealized Gains		35		24
Gross Unrealized Losses		154		197
Fixed Maturities, AFS, allowance for credit losses		0	$ 0	0	$ 0	$ 0	$ 0
Fixed maturities, available-for-sale, at fair value		2,665		2,265
Prudential Netting Agreement | U.S. private corporate securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Fixed Maturities, available-for-sale, Amortized Cost		14,126		12,370
Fixed maturities, available-for-sale, at fair value		$ 14,137		$ 12,370
[1] See Note 4 for details of balances associated with variable interest entities.

Investments (Fair Value and Los

Investments (Fair Value and Losses by Investment Category and Length of Time in a Loss Position) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	$ 20,811	$ 25,154
Less than Twelve Months, Unrealized Losses	445	1,015
Twelve Months or More, Fair Value	160,642	173,006
Twelve Months or More, Unrealized Losses	25,921	26,855
Fair Value	181,453	198,160
Gross Unrealized Losses	26,366	27,870
U.S. Treasury securities and obligations of U.S. government authorities and agencies
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	3,156	2,718
Less than Twelve Months, Unrealized Losses	31	95
Twelve Months or More, Fair Value	12,202	12,642
Twelve Months or More, Unrealized Losses	3,763	4,074
Fair Value	15,358	15,360
Gross Unrealized Losses	3,794	4,169
Obligations of U.S. states and their political subdivisions
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	728	862
Less than Twelve Months, Unrealized Losses	10	14
Twelve Months or More, Fair Value	3,626	3,816
Twelve Months or More, Unrealized Losses	401	445
Fair Value	4,354	4,678
Gross Unrealized Losses	411	459
Foreign government securities
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	5,197	9,098
Less than Twelve Months, Unrealized Losses	148	542
Twelve Months or More, Fair Value	24,001	19,589
Twelve Months or More, Unrealized Losses	7,404	4,664
Fair Value	29,198	28,687
Gross Unrealized Losses	7,552	5,206
U.S. public corporate securities
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	6,077	4,881
Less than Twelve Months, Unrealized Losses	96	103
Twelve Months or More, Fair Value	55,020	61,204
Twelve Months or More, Unrealized Losses	7,945	9,604
Fair Value	61,097	66,085
Gross Unrealized Losses	8,041	9,707
U.S. private corporate securities
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	2,139	3,026
Less than Twelve Months, Unrealized Losses	68	69
Twelve Months or More, Fair Value	26,030	27,062
Twelve Months or More, Unrealized Losses	1,941	2,504
Fair Value	28,169	30,088
Gross Unrealized Losses	2,009	2,573
Foreign public corporate securities
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	1,644	1,766
Less than Twelve Months, Unrealized Losses	18	37
Twelve Months or More, Fair Value	9,241	10,812
Twelve Months or More, Unrealized Losses	991	1,246
Fair Value	10,885	12,578
Gross Unrealized Losses	1,009	1,283
Foreign private corporate securities
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	614	1,578
Less than Twelve Months, Unrealized Losses	48	120
Twelve Months or More, Fair Value	20,833	22,145
Twelve Months or More, Unrealized Losses	2,862	3,324
Fair Value	21,447	23,723
Gross Unrealized Losses	2,910	3,444
Asset-backed securities
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	1,140	846
Less than Twelve Months, Unrealized Losses	26	30
Twelve Months or More, Fair Value	1,456	5,886
Twelve Months or More, Unrealized Losses	41	89
Fair Value	2,596	6,732
Gross Unrealized Losses	67	119
Commercial mortgage-backed securities
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	76	287
Less than Twelve Months, Unrealized Losses	0	3
Twelve Months or More, Fair Value	6,761	8,251
Twelve Months or More, Unrealized Losses	419	710
Fair Value	6,837	8,538
Gross Unrealized Losses	419	713
Residential mortgage-backed securities
Debt Securities [Line Items]
Less than Twelve Months, Fair Value	40	92
Less than Twelve Months, Unrealized Losses	0	2
Twelve Months or More, Fair Value	1,472	1,599
Twelve Months or More, Unrealized Losses	154	195
Fair Value	1,512	1,691
Gross Unrealized Losses	$ 154	$ 197

Investments (Amortized Cost and

Investments (Amortized Cost and Fair Value of Fixed Maturities by Contractual Maturities) (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Available-for-sale, Amortized Cost
Due in one year or less		$ 11,756
Due after one year through five years		60,508
Due after five years through ten years		63,078
Due after ten years		193,624
Fixed Maturities, available-for-sale, Amortized Cost		357,428	$ 334,598
Available-for-sale, Fair Value
Due in one year or less		11,725
Due after one year through five years		60,735
Due after five years through ten years(1)		63,885
Due after ten years		176,225
Fixed maturities, available-for-sale, at fair value	[1]	340,730	316,321
U.S. private corporate securities
Available-for-sale, Amortized Cost
Fixed Maturities, available-for-sale, Amortized Cost		45,419	42,801
Available-for-sale, Fair Value
Fixed maturities, available-for-sale, at fair value		44,479	41,020
Asset-backed securities
Available-for-sale, Amortized Cost
Debt Maturities, without single maturity date		16,062
Fixed Maturities, available-for-sale, Amortized Cost		16,062	12,514
Available-for-sale, Fair Value
Debt Maturities, without single maturity date		16,223
Fixed maturities, available-for-sale, at fair value		16,223	12,595
Commercial mortgage-backed securities
Available-for-sale, Amortized Cost
Debt Maturities, without single maturity date		9,616
Fixed Maturities, available-for-sale, Amortized Cost		9,616	10,571
Available-for-sale, Fair Value
Debt Maturities, without single maturity date		9,272
Fixed maturities, available-for-sale, at fair value		9,272	9,892
Residential mortgage-backed securities
Available-for-sale, Amortized Cost
Debt Maturities, without single maturity date		2,784
Fixed Maturities, available-for-sale, Amortized Cost		2,784	2,438
Available-for-sale, Fair Value
Debt Maturities, without single maturity date		2,665
Fixed maturities, available-for-sale, at fair value		2,665	2,265
Prudential Netting Agreement | U.S. private corporate securities
Available-for-sale, Amortized Cost
Fixed Maturities, available-for-sale, Amortized Cost		14,126	12,370
Available-for-sale, Fair Value
Fixed maturities, available-for-sale, at fair value		$ 14,137	$ 12,370
[1] See Note 4 for details of balances associated with variable interest entities.

Investments (Narrative) (Detail

Investments (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Schedule of Investments [Line Items]
Total Unrealized Losses	$ 26,366		$ 26,366		$ 27,870
Twelve Months or More, Unrealized Losses	25,921		25,921		26,855
Fixed maturity securities purchased with credit deterioration			0		0
Write-down on accrued investment income receivable	1	$ 1	1	$ 1
Loans on non-accrual status, do not have allowance for credit losses	138		138		126
Commercial mortgage and other loans purchased with credit deterioration			0		0
Loans on non-accrual status recognized in interest income	$ 11	1	$ 12	1
Commercial Mortgage Loans | Extended Maturity [Member]
Schedule of Investments [Line Items]
Financing Receivable, Modified, Weighted Average Term Increase from Modification	1 year		1 year
Held-to-Maturity Securities [Member]
Schedule of Investments [Line Items]
Allowance for credit losses		2		2
Corporate securities
Schedule of Investments [Line Items]
Twelve Months or More, Unrealized Losses	$ 25,921		$ 25,921		26,855
Other income (loss) | Fixed maturities | Trading
Schedule of Investments [Line Items]
Unrealized gains (losses) on investments	543	(295)	216	(190)
Other income (loss) | Equity securities
Schedule of Investments [Line Items]
Unrealized gains (losses) on investments	179	(276)	822	300
Other income (loss) | Assets supporting experience-rated contractholder liabilities
Schedule of Investments [Line Items]
Unrealized gains (losses) on investments	$ (47)	$ (27)	$ 326	$ 341
California
Schedule of Investments [Line Items]
Commercial mortgage loan, concentration percentage	29%		29%
Texas
Schedule of Investments [Line Items]
Commercial mortgage loan, concentration percentage	7%		7%
New York
Schedule of Investments [Line Items]
Commercial mortgage loan, concentration percentage	5%		5%
Europe
Schedule of Investments [Line Items]
Commercial mortgage loan, concentration percentage	7%		7%
Mexico
Schedule of Investments [Line Items]
Commercial mortgage loan, concentration percentage	2%		2%
Asia
Schedule of Investments [Line Items]
Commercial mortgage loan, concentration percentage	1%		1%
Australia
Schedule of Investments [Line Items]
Commercial mortgage loan, concentration percentage	1%		1%
NAIC High or Highest Quality Rating | Fixed maturities
Schedule of Investments [Line Items]
Total Unrealized Losses	$ 25,471		$ 25,471		26,879
NAIC Other Than High or Highest Quality Rating | Fixed maturities
Schedule of Investments [Line Items]
Total Unrealized Losses	$ 895		$ 895		$ 991

Investments (Fixed Maturity Pro

Investments (Fixed Maturity Proceeds) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Securities [Line Items]
Proceeds from maturities/prepayments			$ 39,839	$ 32,743
Proceeds from maturities/prepayments - HTM			0	22
Held-to-Maturity Securities Netting
Debt Securities [Line Items]
Non cash Or Part Non cash Divestitures Amount Of Consideration Received				1
Available for sale Securities Netting
Debt Securities [Line Items]
Non cash Or Part Non cash Divestitures Amount Of Consideration Received			146	(90)
Fixed maturities | Available-for-sale
Debt Securities [Line Items]
Proceeds from sales	$ 9,406	$ 6,619	23,480	20,741
Proceeds from maturities/prepayments	5,133	4,051	16,213	12,092
Gross investment gains from sales and maturities	357	295	952	724
Gross investment losses from sales and maturities	(687)	(734)	(1,957)	(1,436)
Write-downs recognized in earnings	(440)	(53)	(449)	(63)
(Addition to) release of allowance for credit losses	(66)	37	(99)	(101)
Fixed maturities | Held-to-Maturity Securities [Member]
Debt Securities [Line Items]
Proceeds from maturities/prepayments - HTM	0	4	0	21
(Addition to) release of allowance for credit losses	$ 0	$ 2	$ 0	$ 2

Investments (Credit Losses Reco

Investments (Credit Losses Recognized In Earnings on Fixed Maturity Securities Held by the Company) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 169	$ 276	$ 160	$ 138
Additions to allowance for credit losses not previously recorded	59	9	118	149
Reductions for securities sold during the period	(7)	(71)	(57)	(116)
Additions (reductions) on securities with previous allowance	15	25	15	68
Change in foreign exchange	(1)		(1)
Balance, ending of period	235	239	235	239
U.S. Treasury securities and obligations of U.S. government authorities and agencies
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	0	0	0	0
Additions to allowance for credit losses not previously recorded	0	0	0	0
Reductions for securities sold during the period	0	0	0	0
Additions (reductions) on securities with previous allowance	0	0	0	0
Change in foreign exchange	0		0
Balance, ending of period	0	0	0	0
Foreign government securities
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	0	56	53	1
Additions to allowance for credit losses not previously recorded	0	0	0	62
Reductions for securities sold during the period	0	0	(30)	0
Additions (reductions) on securities with previous allowance	0	8	(23)	1
Change in foreign exchange	0		0
Balance, ending of period	0	64	0	64
U.S. and Foreign Corporate Securities
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	168	219	105	136
Additions to allowance for credit losses not previously recorded	59	9	118	87
Reductions for securities sold during the period	(7)	(71)	(27)	(116)
Additions (reductions) on securities with previous allowance	16	16	40	66
Change in foreign exchange	(1)		(1)
Balance, ending of period	235	173	235	173
Asset-backed securities
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	1	1	2	1
Additions to allowance for credit losses not previously recorded	0	0	0	0
Reductions for securities sold during the period	0	0	0	0
Additions (reductions) on securities with previous allowance	(1)	1	(2)	1
Change in foreign exchange	0		0
Balance, ending of period	0	2	0	2
Commercial mortgage-backed securities
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	0	0	0	0
Additions to allowance for credit losses not previously recorded	0	0	0	0
Reductions for securities sold during the period	0	0	0	0
Additions (reductions) on securities with previous allowance	0	0	0	0
Change in foreign exchange	0		0
Balance, ending of period	0	0	0	0
Residential mortgage-backed securities
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	0	0	0	0
Additions to allowance for credit losses not previously recorded	0	0	0	0
Reductions for securities sold during the period	0	0	0	0
Additions (reductions) on securities with previous allowance	0	0	0	0
Change in foreign exchange	0		0
Balance, ending of period	$ 0	$ 0	$ 0	$ 0

Investments (Assets Supporting

Investments (Assets Supporting Experience-Rated Contractholder Liabilities) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets Supporting Experience-Rated Contractholder Liabilities [Line Items]
Assets supporting experience-rated contractholder liabilities, at amortized cost or cost	$ 2,693	$ 2,496
Assets supporting experience-rated contractholder liabilities, at fair value	3,654	3,168
Fixed maturities
Assets Supporting Experience-Rated Contractholder Liabilities [Line Items]
Assets supporting experience-rated contractholder liabilities, at amortized cost or cost	906	889
Assets supporting experience-rated contractholder liabilities, at fair value	905	889
Equity securities
Assets Supporting Experience-Rated Contractholder Liabilities [Line Items]
Assets supporting experience-rated contractholder liabilities, at amortized cost or cost	1,787	1,607
Assets supporting experience-rated contractholder liabilities, at fair value	2,749	2,279
Corporate securities
Assets Supporting Experience-Rated Contractholder Liabilities [Line Items]
Assets supporting experience-rated contractholder liabilities, at amortized cost or cost	76	81
Assets supporting experience-rated contractholder liabilities, at fair value	75	79
Foreign government securities
Assets Supporting Experience-Rated Contractholder Liabilities [Line Items]
Assets supporting experience-rated contractholder liabilities, at amortized cost or cost	608	606
Assets supporting experience-rated contractholder liabilities, at fair value	606	604
Obligations of U.S. government authorities and agencies and obligations of U.S. states
Assets Supporting Experience-Rated Contractholder Liabilities [Line Items]
Assets supporting experience-rated contractholder liabilities, at amortized cost or cost	222	202
Assets supporting experience-rated contractholder liabilities, at fair value	$ 224	$ 206
Public Securities
Assets Supporting Experience-Rated Contractholder Liabilities [Line Items]
Assets supporting experience-rated contractholder liabilities, at amortized cost percentage	100%	100%
NAIC High or Highest Quality Rating
Assets Supporting Experience-Rated Contractholder Liabilities [Line Items]
Assets supporting experience-rated contractholder liabilities, at amortized cost percentage	99%	99%

Investments (Concentrations of

Investments (Concentrations of Credit Risk) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Investments in Japanese government and government agency securities:
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Concentrations of credit risk at amortized cost	$ 62,664	$ 63,132
Concentrations of credit risk at fair value	58,207	62,017
Investments in Brazil government and government agency securities:
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Concentrations of credit risk at amortized cost	3,321	3,455
Concentrations of credit risk at fair value	3,003	3,419
Assets supporting experience-rated contractholder liabilities | Investments in Japanese government and government agency securities:
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Concentrations of credit risk at amortized cost	527	522
Concentrations of credit risk at fair value	519	514
Short-term investments | Investments in Brazil government and government agency securities:
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Concentrations of credit risk at amortized cost	18	0
Concentrations of credit risk at fair value	18	0
Cash equivalents | Investments in Brazil government and government agency securities:
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Concentrations of credit risk at amortized cost	250	427
Concentrations of credit risk at fair value	250	427
Fixed maturities, available-for-sale | Fixed maturities | Investments in Japanese government and government agency securities:
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Concentrations of credit risk at amortized cost	62,117	62,591
Concentrations of credit risk at fair value	57,669	61,484
Fixed maturities, available-for-sale | Fixed maturities | Investments in Brazil government and government agency securities:
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Concentrations of credit risk at amortized cost	3,005	3,028
Concentrations of credit risk at fair value	2,688	2,992
Fixed maturities, trading | Fixed maturities | Investments in Japanese government and government agency securities:
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Concentrations of credit risk at amortized cost	20	19
Concentrations of credit risk at fair value	19	19
Fixed maturities, trading | Fixed maturities | Investments in Brazil government and government agency securities:
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Concentrations of credit risk at amortized cost	48	0
Concentrations of credit risk at fair value	$ 47	$ 0

Investments (Commercial Mortgag

Investments (Commercial Mortgage and Other Loans) (Details) - USD ($) $ in Millions		9 Months Ended	12 Months Ended
		Sep. 30, 2024	Dec. 31, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and agricultural property loans by property type		$ 62,053	$ 59,185
Commercial mortgage and other loans	[1]	62,573	59,305
Other loans		1,123	580
Allowance for credit losses		(603)	(460)	$ (564)	$ (332)	$ (241)	$ (203)
Total commercial mortgage and other loans		$ 62,573	$ 59,305
% of Total		100%	100%
Net carrying value of commercial loans held for sale		$ 1,098	$ 519
Commercial Mortgage Loans
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and agricultural property loans by property type		54,315	51,759
Allowance for credit losses		$ (483)	$ (443)	(489)	(315)	(224)	(188)
% of Total		87.50%	87.50%
Commercial mortgage and agricultural property loans
Commercial Mortgage and Other Loans [Line Items]
Allowance for credit losses		$ (555)	$ (459)
Commercial mortgage and other loans		61,498	58,726
Uncollateralized loans
Commercial Mortgage and Other Loans [Line Items]
Other loans		674	425
Allowance for credit losses		(16)	(1)	(18)	(1)	(1)	(2)
Residential property loans
Commercial Mortgage and Other Loans [Line Items]
Other loans		23	30
Allowance for credit losses		0	0	0	0	0	0
Other collateralized loans
Commercial Mortgage and Other Loans [Line Items]
Other loans		426	125
Allowance for credit losses		(32)	0	$ (33)	$ 0	$ 0	$ 0
Other loans
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and other loans		1,075	579
Allowance for credit losses		(48)	(1)
Office
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and agricultural property loans by property type		$ 8,216	$ 8,402
% of Total		13.20%	14.20%
Retail
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and agricultural property loans by property type		$ 5,409	$ 5,384
% of Total		8.70%	9.10%
Apartments/Multi-Family
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and agricultural property loans by property type		$ 17,710	$ 16,555
% of Total		28.50%	28%
Industrial
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and agricultural property loans by property type		$ 16,463	$ 15,263
% of Total		26.50%	25.80%
Hospitality
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and agricultural property loans by property type		$ 2,010	$ 2,086
% of Total		3.20%	3.50%
Other
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and agricultural property loans by property type		$ 4,507	$ 4,069
% of Total		7.40%	6.90%
Agricultural property loans
Commercial Mortgage and Other Loans [Line Items]
Commercial mortgage and agricultural property loans by property type		$ 7,738	$ 7,426
% of Total		12.50%	12.50%
[1] See Note 4 for details of balances associated with variable interest entities.

Investments (Allowance for Cred

Investments (Allowance for Credit Losses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance, beginning of period	$ 564	$ 241	$ 460	$ 203
Addition to (release of) allowance for expected losses	44	90	149	128
Write-offs charged against the allowance	(5)		(5)
Reduction for loans sold during the period			0	(1)
Change in foreign exchange	0	1	(1)	2
Allowance, end of period	603	332	603	332
Commercial Mortgage Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance, beginning of period	489	224	443	188
Addition to (release of) allowance for expected losses	(6)	90	41	125
Write-offs charged against the allowance	0		0
Reduction for loans sold during the period			0	0
Change in foreign exchange	0	1	(1)	2
Allowance, end of period	483	315	483	315
Agricultural Property Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance, beginning of period	24	16	16	13
Addition to (release of) allowance for expected losses	53	0	61	3
Write-offs charged against the allowance	(5)		(5)
Reduction for loans sold during the period			0	0
Change in foreign exchange	0	0	0	0
Allowance, end of period	72	16	72	16
Residential Property Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance, beginning of period	0	0	0	0
Addition to (release of) allowance for expected losses	0	0	0	0
Write-offs charged against the allowance	0		0
Reduction for loans sold during the period			0	0
Change in foreign exchange	0	0	0	0
Allowance, end of period	0	0	0	0
Other collateralized loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance, beginning of period	33	0	0	0
Addition to (release of) allowance for expected losses	(1)	0	32	0
Write-offs charged against the allowance	0		0
Reduction for loans sold during the period			0	0
Change in foreign exchange	0	0	0	0
Allowance, end of period	32	0	32	0
Uncollateralized Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance, beginning of period	18	1	1	2
Addition to (release of) allowance for expected losses	(2)	0	15	0
Write-offs charged against the allowance	0		0
Reduction for loans sold during the period			0	(1)
Change in foreign exchange	0	0	0	0
Allowance, end of period	$ 16	$ 1	$ 16	$ 1

Investments (Credit Quality Ind

Investments (Credit Quality Indicators) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Recording investment gross of allowance for credit losses	$ 63,176	$ 59,765
Commercial Mortgage Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	6,116	5,733
One Years Prior	5,264	3,712
Two Years Prior	3,666	6,286
Three Years Prior	6,125	3,275
Four Years Prior	3,011	6,573
Prior	30,122	26,180
Revolving Loans	11	0
Recording investment gross of allowance for credit losses	54,315	51,759
Commercial Mortgage Loans | ≥ 1.2X
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	5,436	5,237
One Years Prior	4,779	3,194
Two Years Prior	3,140	6,122
Three Years Prior	6,022	3,182
Four Years Prior	2,853	5,988
Prior	27,250	23,196
Revolving Loans	11	0
Recording investment gross of allowance for credit losses	49,491	46,919
Commercial Mortgage Loans | 1.0 - 1.2x
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	597	346
One Years Prior	335	366
Two Years Prior	374	82
Three Years Prior	52	38
Four Years Prior	104	265
Prior	1,556	1,713
Revolving Loans	0	0
Recording investment gross of allowance for credit losses	3,018	2,810
Commercial Mortgage Loans | Less than 1.0x
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	83	150
One Years Prior	150	152
Two Years Prior	152	82
Three Years Prior	51	55
Four Years Prior	54	320
Prior	1,316	1,271
Revolving Loans	0	0
Recording investment gross of allowance for credit losses	1,806	2,030
Agricultural property loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	402	953
One Years Prior	935	1,548
Two Years Prior	1,538	2,052
Three Years Prior	2,029	824
Four Years Prior	810	490
Prior	1,840	1,485
Revolving Loans	184	74
Recording investment gross of allowance for credit losses	7,738	7,426
Agricultural property loans | ≥ 1.2X
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	394	948
One Years Prior	866	1,535
Two Years Prior	1,004	2,040
Three Years Prior	1,976	750
Four Years Prior	737	489
Prior	1,632	1,290
Revolving Loans	132	74
Recording investment gross of allowance for credit losses	6,741	7,126
Agricultural property loans | 1.0 - 1.2x
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	8	0
One Years Prior	64	5
Two Years Prior	526	4
Three Years Prior	45	58
Four Years Prior	57	0
Prior	153	151
Revolving Loans	52	0
Recording investment gross of allowance for credit losses	905	218
Agricultural property loans | Less than 1.0x
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	0	5
One Years Prior	5	8
Two Years Prior	8	8
Three Years Prior	8	16
Four Years Prior	16	1
Prior	55	44
Revolving Loans	0	0
Recording investment gross of allowance for credit losses	92	82
0%-59.99% | Commercial Mortgage Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	1,265	1,822
One Years Prior	1,631	911
Two Years Prior	1,021	2,264
Three Years Prior	2,186	1,437
Four Years Prior	1,234	3,205
Prior	17,757	16,569
Revolving Loans	11	0
Recording investment gross of allowance for credit losses	25,105	26,208
0%-59.99% | Agricultural property loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	344	360
One Years Prior	374	880
Two Years Prior	897	2,027
Three Years Prior	2,019	774
Four Years Prior	686	455
Prior	1,789	1,481
Revolving Loans	132	74
Recording investment gross of allowance for credit losses	6,241	6,051
60%-69.99% | Commercial Mortgage Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	4,334	2,765
One Years Prior	2,585	1,440
Two Years Prior	1,040	2,541
Three Years Prior	2,355	1,107
Four Years Prior	1,048	2,146
Prior	5,879	4,530
Revolving Loans	0	0
Recording investment gross of allowance for credit losses	17,241	14,529
60%-69.99% | Agricultural property loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	58	586
One Years Prior	555	668
Two Years Prior	124	25
Three Years Prior	10	50
Four Years Prior	53	20
Prior	43	4
Revolving Loans	0	0
Recording investment gross of allowance for credit losses	843	1,353
70%-79.99% | Commercial Mortgage Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	467	1,001
One Years Prior	911	1,004
Two Years Prior	1,110	1,278
Three Years Prior	1,355	401
Four Years Prior	447	1,013
Prior	2,258	2,277
Revolving Loans	0	0
Recording investment gross of allowance for credit losses	6,548	6,974
70%-79.99% | Agricultural property loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	0	7
One Years Prior	0	0
Two Years Prior	0	0
Three Years Prior	0	0
Four Years Prior	0	0
Prior	3	0
Revolving Loans	0	0
Recording investment gross of allowance for credit losses	3	7
80% or greater | Commercial Mortgage Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	50	145
One Years Prior	137	357
Two Years Prior	495	203
Three Years Prior	229	330
Four Years Prior	282	209
Prior	4,228	2,804
Revolving Loans	0	0
Recording investment gross of allowance for credit losses	5,421	4,048
80% or greater | Agricultural property loans
Financing Receivable, Credit Quality Indicator [Line Items]
Current Fiscal Year	0	0
One Years Prior	6	0
Two Years Prior	517	0
Three Years Prior	0	0
Four Years Prior	71	15
Prior	5	0
Revolving Loans	52	0
Recording investment gross of allowance for credit losses	$ 651	$ 15

Investments (Amortized Cost Bas

Investments (Amortized Cost Basis of Loan Modifications made to Borrowers Experiencing Financial Difficulties) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
Term Extension | Commercial mortgage loans
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis	$ 0	$ 341
% of Amortized Cost	0%	0.60%
Term Extension | Agricultural property loans
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis	$ 0	$ 3
% of Amortized Cost	0%	0%
Other Than Insignificant Delay in Payment | Commercial mortgage loans
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis	$ 195	$ 195
% of Amortized Cost	0.40%	0.40%
Other Than Insignificant Delay in Payment | Agricultural property loans
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis	$ 0	$ 0
% of Amortized Cost	0%	0%

Investments (Analysis of Past D

Investments (Analysis of Past Due Commercial Mortgage and Other Loans) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Total	$ 63,176	$ 59,765
Non-accrual status	1,071	157
Current
Financing Receivable, Past Due [Line Items]
Total	62,161	59,637
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	49
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	11	15
90 days or more past due
Financing Receivable, Past Due [Line Items]
Total	1,004	64
Total Past Due
Financing Receivable, Past Due [Line Items]
Total	1,015	128
Commercial Mortgage Loans
Financing Receivable, Past Due [Line Items]
Total	54,315	51,759
Non-accrual status	297	94
Commercial Mortgage Loans | Current
Financing Receivable, Past Due [Line Items]
Total	54,054	51,665
Commercial Mortgage Loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	34
Commercial Mortgage Loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Commercial Mortgage Loans | 90 days or more past due
Financing Receivable, Past Due [Line Items]
Total	261	60
Commercial Mortgage Loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	261	94
Agricultural property loans
Financing Receivable, Past Due [Line Items]
Total	7,738	7,426
Non-accrual status	749	38
Agricultural property loans | Current
Financing Receivable, Past Due [Line Items]
Total	6,984	7,392
Agricultural property loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	15
Agricultural property loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	11	15
Agricultural property loans | 90 days or more past due
Financing Receivable, Past Due [Line Items]
Total	743	4
Agricultural property loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	754	34
Residential property loans
Financing Receivable, Past Due [Line Items]
Total	23	30
Non-accrual status	0	0
Residential property loans | Current
Financing Receivable, Past Due [Line Items]
Total	23	30
Residential property loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Residential property loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Residential property loans | 90 days or more past due
Financing Receivable, Past Due [Line Items]
Total	0	0
Residential property loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Other collateralized loans
Financing Receivable, Past Due [Line Items]
Total	426	125
Non-accrual status	0	0
Other collateralized loans | Current
Financing Receivable, Past Due [Line Items]
Total	426	125
Other collateralized loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Other collateralized loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Other collateralized loans | 90 days or more past due
Financing Receivable, Past Due [Line Items]
Total	0	0
Other collateralized loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Uncollateralized loans
Financing Receivable, Past Due [Line Items]
Total	674	425
Non-accrual status	25	25
Uncollateralized loans | Current
Financing Receivable, Past Due [Line Items]
Total	674	425
Uncollateralized loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Uncollateralized loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Uncollateralized loans | 90 days or more past due
Financing Receivable, Past Due [Line Items]
Total	0	0
Uncollateralized loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Loans | 90 days or more past due
Financing Receivable, Past Due [Line Items]
Accruing interest	$ 0	$ 0

Investments (Other Invested Ass

Investments (Other Invested Assets) (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Other Invested Assets [Line Items]
Other invested assets	[1]	$ 25,367	$ 22,855
LPs/LLCs
Other Invested Assets [Line Items]
Other invested assets		21,203	18,796
Real estate held through direct ownership
Other Invested Assets [Line Items]
Other invested assets		1,825	1,794
Derivative instruments
Other Invested Assets [Line Items]
Other invested assets		1,147	1,100
Other
Other Invested Assets [Line Items]
Other invested assets		1,192	1,165
Mortgage Debt | Real estate-related
Other Invested Assets [Line Items]
Other invested assets		151	158
Equity method | LPs/LLCs
Other Invested Assets [Line Items]
Other invested assets		16,200	14,671
Equity method | Private equity | LPs/LLCs
Other Invested Assets [Line Items]
Other invested assets		10,129	8,929
Equity method | Hedge funds | LPs/LLCs
Other Invested Assets [Line Items]
Other invested assets		3,079	3,164
Equity method | Real estate-related | LPs/LLCs
Other Invested Assets [Line Items]
Other invested assets		2,992	2,578
Fair Value
Other Invested Assets [Line Items]
Other invested assets		95	97
Fair Value | LPs/LLCs
Other Invested Assets [Line Items]
Other invested assets		5,003	4,125
Fair Value | Private equity | LPs/LLCs
Other Invested Assets [Line Items]
Other invested assets		2,020	1,247
Fair Value | Hedge funds | LPs/LLCs
Other Invested Assets [Line Items]
Other invested assets		2,036	2,078
Fair Value | Real estate-related | LPs/LLCs
Other Invested Assets [Line Items]
Other invested assets		$ 947	$ 800
[1] See Note 4 for details of balances associated with variable interest entities.

Investments (Accrued Investment

Investments (Accrued Investment Income) (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Net Investment Income [Line Items]
Accrued investment income	[1]	$ 3,566	$ 3,287
Fixed maturities
Net Investment Income [Line Items]
Accrued investment income		2,987	2,727
Equity securities
Net Investment Income [Line Items]
Accrued investment income		9	6
Commercial mortgage and other loans
Net Investment Income [Line Items]
Accrued investment income		223	224
Policy loans
Net Investment Income [Line Items]
Accrued investment income		253	259
Other invested assets
Net Investment Income [Line Items]
Accrued investment income		30	23
Short-term investments and cash equivalents
Net Investment Income [Line Items]
Accrued investment income		$ 64	$ 48
[1] See Note 4 for details of balances associated with variable interest entities.

Investments (Net Investment Inc

Investments (Net Investment Income) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		$ 5,411	$ 4,864	$ 15,721	$ 14,241
Less: investment expense		(356)	(293)	(1,053)	(874)
Net investment income	[1]	5,055	4,571	14,668	13,367
Assets supporting experience-rated contractholder liabilities
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		14	9	41	34
Equity securities
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		35	38	134	142
Commercial mortgage and other loans
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		654	578	1,907	1,681
Policy loans
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		127	124	368	372
Other invested assets
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		331	352	898	1,046
Short-term investments and cash equivalents
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		299	260	881	720
Available-for-sale | Fixed maturities
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		3,805	3,390	11,100	9,921
Fixed maturities, held-to-maturity | Fixed maturities
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		0	48	0	148
Trading | Fixed maturities
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income		$ 146	$ 65	$ 392	$ 177
[1] See Note 20 for additional information regarding related party transactions.

Investments (Realized Investmen

Investments (Realized Investment Gains Losses, Net) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024		Sep. 30, 2023
Gain (Loss) on Securities [Line Items]
Realized investment (gains) losses, net	[1]	$ (1,844)	$ (2,402)	$ (2,318)	[2]	$ (3,123)
Fixed maturities
Gain (Loss) on Securities [Line Items]
Realized investment (gains) losses, net		(836)	(453)	(1,553)		(874)
Commercial mortgage and other loans
Gain (Loss) on Securities [Line Items]
Realized investment (gains) losses, net		(41)	(83)	(136)		(109)
Investment real estate
Gain (Loss) on Securities [Line Items]
Realized investment (gains) losses, net		2	22	(4)		49
LPs/LLCs
Gain (Loss) on Securities [Line Items]
Realized investment (gains) losses, net		16	(4)	39		(21)
Derivatives
Gain (Loss) on Securities [Line Items]
Realized investment (gains) losses, net		(759)	(1,857)	(162)		(2,162)
Other
Gain (Loss) on Securities [Line Items]
Realized investment (gains) losses, net		$ (226)	$ (27)	$ (502)		$ (6)
[1] See Note 20 for additional information regarding related party transactions. See Note 20 for additional information regarding related party transactions.

Investments (Net Unrealized Gai

Investments (Net Unrealized Gains Losses on Investments) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Gain (Loss) on Securities [Line Items]
Net unrealized gains (losses) on investments	$ (15,848)	$ (17,251)
Fixed maturities | Available-for-sale | With an allowance
Gain (Loss) on Securities [Line Items]
Net unrealized gains (losses) on investments	(121)	(72)
Fixed maturities | Available-for-sale | Without an allowance
Gain (Loss) on Securities [Line Items]
Net unrealized gains (losses) on investments	(16,342)	(18,045)
Derivatives designated as cash flow hedges
Gain (Loss) on Securities [Line Items]
Net unrealized gains (losses) on investments	694	869
Derivatives designated as fair value hedges
Gain (Loss) on Securities [Line Items]
Net unrealized gains (losses) on investments	(164)	(60)
Other investments
Gain (Loss) on Securities [Line Items]
Net unrealized gains (losses) on investments	$ 85	$ 57

Investments (Repurchase Agreeme

Investments (Repurchase Agreements and Securities Lending Transactions) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	$ 7,455	$ 6,056
Total cash collateral for loaned securities	8,471	6,477
Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	7,404	5,938
Total cash collateral for loaned securities	8,050	5,981
Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	51	118
Total cash collateral for loaned securities	421	496
30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	0	0
Total cash collateral for loaned securities	0	0
U.S. Treasury securities and obligations of U.S. government authorities and agencies
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	6,784	5,693
Total cash collateral for loaned securities	154	1
U.S. Treasury securities and obligations of U.S. government authorities and agencies | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	6,784	5,693
Total cash collateral for loaned securities	154	1
U.S. Treasury securities and obligations of U.S. government authorities and agencies | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	0	0
Total cash collateral for loaned securities	0	0
U.S. Treasury securities and obligations of U.S. government authorities and agencies | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	0	0
Obligations of U.S. states and their political subdivisions
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total cash collateral for loaned securities	54	67
Obligations of U.S. states and their political subdivisions | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total cash collateral for loaned securities	54	67
Obligations of U.S. states and their political subdivisions | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total cash collateral for loaned securities	0	0
Foreign government securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total cash collateral for loaned securities	105	242
Foreign government securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total cash collateral for loaned securities	105	242
Foreign government securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total cash collateral for loaned securities	0	0
U.S. public corporate securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	33	118
Total cash collateral for loaned securities	6,758	4,819
U.S. public corporate securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	0	0
Total cash collateral for loaned securities	6,416	4,399
U.S. public corporate securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	33	118
Total cash collateral for loaned securities	342	420
U.S. public corporate securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	0	0
Foreign public corporate securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	18	0
Total cash collateral for loaned securities	1,093	725
Foreign public corporate securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	0	0
Total cash collateral for loaned securities	1,014	649
Foreign public corporate securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	18	0
Total cash collateral for loaned securities	79	76
Foreign public corporate securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	0	0
Commercial mortgage-backed securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	620	245
Commercial mortgage-backed securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	620	245
Commercial mortgage-backed securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	0	0
Commercial mortgage-backed securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total securities sold under agreements to repurchase	0	0
Equity securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total cash collateral for loaned securities	307	623
Equity securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total cash collateral for loaned securities	307	623
Equity securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total cash collateral for loaned securities	$ 0	$ 0

Variable Interest Entities (Ass

Variable Interest Entities (Assets and Liabilities of Consolidated VIEs) (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2024		Dec. 31, 2023		Sep. 30, 2023
Variable Interest Entity [Line Items]
Fixed maturities, available-for-sale	[1]	$ 340,730		$ 316,321
Fixed maturities, trading	[1]	12,065		9,790
Equity securities	[1]	6,771		8,242
Commercial mortgage and other loans	[1]	62,573		59,305
Other invested assets	[1]	25,367		22,855
Cash and cash equivalents		20,198	[1]	19,419	[1]	$ 16,892
Accrued investment income	[1]	3,566		3,287
Other assets	[1],[2]	12,947		13,179
Total assets		760,294		721,123
Other Liabilities	[1]	15,489		16,071
Notes Issued by Consolidated Variable Interest Entities	[1]	1,456		1,374
Total liabilities		727,719		691,336
Wholly-owned beneficial interests
Variable Interest Entity [Line Items]
Total assets		4,615		4,003
Consolidated VIEs for Which the Company is the Investment Manager
Variable Interest Entity [Line Items]
Fixed maturities, available-for-sale		926		539
Fixed maturities, trading		561		943
Equity securities		88		106
Commercial mortgage and other loans		755		764
Other invested assets		6,093		4,319
Cash and cash equivalents		263		302
Accrued investment income		7		7
Other assets		686		1,023
Total assets		9,379		8,003
Other Liabilities		175		588
Notes Issued by Consolidated Variable Interest Entities		1,414		1,374
Total liabilities		1,589		1,962
Other Consolidated VIEs
Variable Interest Entity [Line Items]
Fixed maturities, available-for-sale		803		836
Fixed maturities, trading		0		0
Equity securities		0		0
Commercial mortgage and other loans		541		0
Other invested assets		515		485
Cash and cash equivalents		0		0
Accrued investment income		3		3
Other assets		655		636
Total assets		2,517		1,960
Other Liabilities		0		0
Notes Issued by Consolidated Variable Interest Entities		42		0
Total liabilities		$ 42		$ 0
Minimum
Variable Interest Entity [Line Items]
VIE notes maturities		5 years
Maximum
Variable Interest Entity [Line Items]
VIE notes maturities		13 years
[1] See Note 4 for details of balances associated with variable interest entities. See Note 20 for additional information regarding related party transactions.

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Variable Interest Entity [Line Items]
Total liabilities	$ 727,719,000,000	$ 691,336,000,000
Unconsolidated VIEs
Variable Interest Entity [Line Items]
Total liabilities	0
Unconsolidated VIEs | Fixed maturities, available-for-sale, Fixed maturities, trading, Equity securities and Other invested assets
Variable Interest Entity [Line Items]
Maximum exposure to loss on these investments	1,242,000,000	1,165,000,000
Unconsolidated VIEs | Other invested assets
Variable Interest Entity [Line Items]
Maximum exposure to loss on these investments	$ 21,203,000,000	$ 18,796,000,000

Derivative Instruments (Narrati

Derivative Instruments (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Credit Derivatives [Line Items]
Total derivative assets	$ 1,151		$ 1,151		$ 1,103
Total derivative liabilities	3,764		3,764		4,181
Anticipated pre-tax gain (loss) reclassified from accumulated other comprehensive income (loss) to earnings			$ 291
Maximum length of time hedged in cash flow hedge (future cash flows)			27 years
Net investment hedges income (loss) before taxes	(136)	$ 25	$ (23)	$ 86
Credit Risk Derivative Liabilities, at Fair Value	$ 80		$ 80		$ 64

Derivative Instruments (Gross N

Derivative Instruments (Gross Notional Amount and Fair Value of Derivatives Contracts) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Gross Notional	$ 524,345	$ 487,415
Assets	15,913	14,261
Liabilities	(26,770)	(27,154)
Embedded derivative, fair value OF embedded derivative, net	(12,232)	(8,096)
PRISMIC Embedded Derivative, Fair Value of Embedded Derivative	(578)	(508)
Derivatives Designated as Hedge Accounting Instruments:
Derivative [Line Items]
Gross Notional	39,460	36,263
Assets	1,828	2,050
Liabilities	(1,179)	(1,123)
Derivatives Designated as Hedge Accounting Instruments: | Interest Rate Swaps
Derivative [Line Items]
Gross Notional	4,262	3,582
Assets	73	55
Liabilities	(218)	(252)
Derivatives Designated as Hedge Accounting Instruments: | Interest Rate Forwards
Derivative [Line Items]
Gross Notional	0	0
Assets	0	0
Liabilities	0	0
Derivatives Designated as Hedge Accounting Instruments: | Foreign Currency Forwards
Derivative [Line Items]
Gross Notional	4,903	4,748
Assets	33	43
Liabilities	(235)	(195)
Derivatives Designated as Hedge Accounting Instruments: | Foreign Currency Swaps
Derivative [Line Items]
Gross Notional	30,295	27,933
Assets	1,722	1,952
Liabilities	(726)	(676)
Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative [Line Items]
Gross Notional	484,885	451,152
Assets	14,085	12,211
Liabilities	(25,591)	(26,031)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate Swaps
Derivative [Line Items]
Gross Notional	226,706	224,445
Assets	7,941	8,604
Liabilities	(20,314)	(21,599)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate Forwards
Derivative [Line Items]
Gross Notional	4,589	3,678
Assets	56	39
Liabilities	(19)	(14)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Foreign Currency Forwards
Derivative [Line Items]
Gross Notional	27,231	27,686
Assets	989	965
Liabilities	(941)	(954)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Foreign Currency Swaps
Derivative [Line Items]
Gross Notional	7,480	7,771
Assets	460	502
Liabilities	(157)	(164)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate Futures
Derivative [Line Items]
Gross Notional	9,418	10,448
Assets	23	7
Liabilities	(44)	(26)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate Options
Derivative [Line Items]
Gross Notional	34,198	32,718
Assets	244	292
Liabilities	(1,033)	(1,095)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Credit Default Swaps
Derivative [Line Items]
Gross Notional	3,949	3,446
Assets	80	64
Liabilities	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity Futures
Derivative [Line Items]
Gross Notional	1,249	672
Assets	3	1
Liabilities	(1)	(2)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity Options
Derivative [Line Items]
Gross Notional	82,356	51,792
Assets	4,163	1,688
Liabilities	(2,730)	(1,662)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Total Return Swaps
Derivative [Line Items]
Gross Notional	11,188	9,237
Assets	124	48
Liabilities	(350)	(514)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Other
Derivative [Line Items]
Gross Notional	1,250	1,250
Assets	0	0
Liabilities	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Synthetic GICs
Derivative [Line Items]
Gross Notional	75,271	78,009
Assets	2	1
Liabilities	$ (2)	$ (1)

Derivative Instruments (Hedged

Derivative Instruments (Hedged Item Offset By Derivatives Achieving Fair Value Hedge Accounting) (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Derivative [Line Items]
Fixed maturities, available-for-sale, at fair value	[1]	$ 340,730	$ 316,321
Commercial mortgage and other loans	[1]	62,573	59,305
Policyholders’ account balances		(164,088)	(147,018)
Future policy benefits		(285,474)	(273,281)	$ (253,551)
Carrying Amount of the Hedged Assets (Liabilities)
Derivative [Line Items]
Fixed maturities, available-for-sale, at fair value		227	224
Policyholders’ account balances		(1,598)	(810)
Future policy benefits		(2,515)	(2,441)
Cumulative Adjustment Included in Carrying Amount
Derivative [Line Items]
Fixed maturities, available-for-sale, at fair value		19	19
Policyholders’ account balances		223	219
Future policy benefits		$ 189	$ 298
[1] See Note 4 for details of balances associated with variable interest entities.

Derivative Instruments (Offsett

Derivative Instruments (Offsetting Assets and Liabilities) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivative Assets
Gross Amounts of Recognized Financial Instruments	$ 15,789	$ 14,169
Gross Amounts Offset in the Statements of Financial Position	(14,762)	(13,158)
Net Amounts Presented in the Statements of Financial Position	1,027	1,011
Financial Instruments/Collateral	(243)	(240)
Net Amount	784	771
Securities purchased under agreements to resell
Gross Amounts of Recognized Financial Instruments	617	388
Gross Amounts Offset in the Statements of Financial Position	0	0
Net Amounts Presented in the Statements of Financial Position	617	388
Financial Instruments/Collateral	(342)	(363)
Net Amount	275	25
Total assets
Gross Amounts of Recognized Financial Instruments	16,406	14,557
Gross Amounts Offset in the Statements of Financial Position	(14,762)	(13,158)
Net Amounts Presented in the Statements of Financial Position	1,644	1,399
Financial Instruments/Collateral	(585)	(603)
Net Amount	1,059	796
Derivative Liabilities
Gross Amounts of Recognized Financial Instruments	26,768	27,154
Gross Amounts Offset in the Statements of Financial Position	(23,006)	(22,973)
Net Amounts Presented in the Statements of Financial Position	3,762	4,181
Financial Instruments/Collateral	(2,881)	(3,775)
Net Amount	881	406
Securities sold under agreements to repurchase
Gross Amounts of Recognized Financial Instruments	7,455	6,056
Gross Amounts Offset in the Statements of Financial Position	0	0
Net Amounts Presented in the Statements of Financial Position	7,455	6,056
Financial Instruments/Collateral	(6,836)	(5,811)
Net Amount	619	245
Total liabilities
Gross Amounts of Recognized Financial Instruments	34,223	33,210
Gross Amounts Offset in the Statements of Financial Position	(23,006)	(22,973)
Net Amounts Presented in the Statements of Financial Position	11,217	10,237
Financial Instruments/Collateral	(9,717)	(9,586)
Net Amount	$ 1,500	$ 651

Derivative Instruments (Financi

Derivative Instruments (Financial Statement Classification and Impact of Derivatives Used in Qualifying and Non-qualifying Hedge Relationships) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Non-derivative Net Investment Hedges income (loss) before taxes	$ (122)	$ 15	$ (21)	$ 60
PRISMIC Embedded Derivative, Gain (Loss) on Derivative, Net	(543)		(71)
Gain (Loss) on Investments
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(745)	(1,972)	(169)	(2,268)
Gain (Loss) on Investments | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(775)	(1,976)	(213)	(2,305)
Market Risk Benefit, Increase (Decrease) from Equity Market Change)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	346	(2,000)	(1,626)	(3,432)
Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	346	(2,000)	(1,626)	(3,432)
Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	81	75	238	235
Investment Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(232)	144	(148)	1
Other Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(2)	0	(3)	3
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Expense | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Credited To Policyholder Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(3)	(6)	1	(21)
Interest Credited To Policyholder Account Balances | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Policyholder Benefits
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(6)	45	(31)	25
Policyholder Benefits | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Change in AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(914)	(7)	(280)	(606)
Change in AOCI | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Fair Value Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(7)	10	(1)	10
Fair Value Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Fair Value Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	(1)
Fair Value Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Fair Value Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Fair Value Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	67	(110)	(3)	(126)
Fair Value Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	182	(214)	85	(129)
Fair Value Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Fair Value Hedged Item | Gain (Loss) on Investments
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	7	(9)	1	(10)
Change In Unrealized Gain (Loss) On Hedged Item In Fair Value Net Of Hedging Instrument	0	1	0	0
Fair Value Hedged Item | Market Risk Benefit, Increase (Decrease) from Equity Market Change)
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Change In Unrealized Gain (Loss) On Hedged Item In Fair Value Net Of Hedging Instrument	0	0	0	0
Fair Value Hedged Item | Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	3	3	9	9
Change In Unrealized Gain (Loss) On Hedged Item In Fair Value Net Of Hedging Instrument	3	3	9	8
Fair Value Hedged Item | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Change In Unrealized Gain (Loss) On Hedged Item In Fair Value Net Of Hedging Instrument	0	0	0	0
Fair Value Hedged Item | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Change In Unrealized Gain (Loss) On Hedged Item In Fair Value Net Of Hedging Instrument	0	0	0	0
Fair Value Hedged Item | Interest Credited To Policyholder Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	(70)	104	4	105
Change In Unrealized Gain (Loss) On Hedged Item In Fair Value Net Of Hedging Instrument	(3)	(6)	1	(21)
Fair Value Hedged Item | Policyholder Benefits
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	(186)	261	(109)	160
Change In Unrealized Gain (Loss) On Hedged Item In Fair Value Net Of Hedging Instrument	(6)	45	(31)	25
Fair Value Hedged Item | Change in AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Change In Unrealized Gain (Loss) On Hedged Item In Fair Value Net Of Hedging Instrument	(94)	131	(103)	36
Cash Flow Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	30	3	44	37
Cash Flow Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Cash Flow Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	78	72	229	227
Cash Flow Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(230)	144	(145)	(2)
Cash Flow Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Cash Flow Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Cash Flow Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Cash Flow Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(805)	(149)	(175)	(669)
Net Investment Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Net Investment Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Net Investment Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Net Investment Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Net Investment Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Net Investment Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Net Investment Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Net Investment Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(15)	11	(2)	27
Interest Rate | Gain (Loss) on Investments | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	758	(1,918)	(275)	(1,693)
Interest Rate | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	700	(2,314)	(712)	(3,069)
Interest Rate | Investment Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Other Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Interest Expense | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Interest Credited To Policyholder Account Balances | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Policyholder Benefits | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Change in AOCI | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Fair Value Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(7)	10	(1)	11
Interest Rate | Fair Value Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Fair Value Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Fair Value Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Fair Value Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Fair Value Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	67	(110)	(3)	(126)
Interest Rate | Fair Value Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	74	(141)	(8)	(155)
Interest Rate | Fair Value Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Fair Value Hedged Item | Gain (Loss) on Investments
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	7	(9)	1	(10)
Interest Rate | Fair Value Hedged Item | Market Risk Benefit, Increase (Decrease) from Equity Market Change)
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Interest Rate | Fair Value Hedged Item | Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	3	3	9	9
Interest Rate | Fair Value Hedged Item | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Interest Rate | Fair Value Hedged Item | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Interest Rate | Fair Value Hedged Item | Interest Credited To Policyholder Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	(70)	104	4	105
Interest Rate | Fair Value Hedged Item | Policyholder Benefits
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	(79)	189	(16)	185
Interest Rate | Fair Value Hedged Item | Change in AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Interest Rate | Cash Flow Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	(14)	(22)
Interest Rate | Cash Flow Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Cash Flow Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(5)	(3)	(12)	(10)
Interest Rate | Cash Flow Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Cash Flow Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Cash Flow Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Cash Flow Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Interest Rate | Cash Flow Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	19	(40)	20	(9)
Currency | Gain (Loss) on Investments | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(19)	70	(58)	(440)
Currency | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Investment Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Other Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	(1)	(1)	4
Currency | Interest Expense | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Interest Credited To Policyholder Account Balances | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Policyholder Benefits | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Change in AOCI | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Fair Value Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	(1)
Currency | Fair Value Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Fair Value Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	(1)
Currency | Fair Value Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Fair Value Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Fair Value Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Fair Value Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	108	(73)	93	26
Currency | Fair Value Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Fair Value Hedged Item | Gain (Loss) on Investments
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Currency | Fair Value Hedged Item | Market Risk Benefit, Increase (Decrease) from Equity Market Change)
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Currency | Fair Value Hedged Item | Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Currency | Fair Value Hedged Item | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Currency | Fair Value Hedged Item | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Currency | Fair Value Hedged Item | Interest Credited To Policyholder Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Currency | Fair Value Hedged Item | Policyholder Benefits
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	(107)	72	(93)	(25)
Currency | Fair Value Hedged Item | Change in AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	0	0	0	0
Currency | Gain(loss)excludedfromassessmentofeffectiveness | Gain (Loss) on Investments
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Gain(loss)excludedfromassessmentofeffectiveness | Market Risk Benefit, Increase (Decrease) from Equity Market Change)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Gain(loss)excludedfromassessmentofeffectiveness | Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Gain(loss)excludedfromassessmentofeffectiveness | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Gain(loss)excludedfromassessmentofeffectiveness | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Gain(loss)excludedfromassessmentofeffectiveness | Interest Credited To Policyholder Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Gain(loss)excludedfromassessmentofeffectiveness | Policyholder Benefits
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(2)	(2)	(7)	(6)
Currency | Gain(loss)excludedfromassessmentofeffectiveness | Change in AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(94)	131	(103)	36
Currency | Cash Flow Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	8
Currency | Cash Flow Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Cash Flow Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Cash Flow Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Cash Flow Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Cash Flow Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Cash Flow Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Cash Flow Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(69)	0	(45)	(40)
Currency | Net Investment Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Net Investment Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Net Investment Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Net Investment Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Net Investment Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Net Investment Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Net Investment Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency | Net Investment Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(15)	11	(2)	27
Currency/Interest Rate | Gain (Loss) on Investments | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(152)	34	21	(29)
Currency/Interest Rate | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Investment Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Other Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(2)	1	(2)	(1)
Currency/Interest Rate | Interest Expense | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Interest Credited To Policyholder Account Balances | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Policyholder Benefits | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Change in AOCI | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Cash Flow Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	30	3	58	51
Currency/Interest Rate | Cash Flow Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Cash Flow Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	83	75	241	237
Currency/Interest Rate | Cash Flow Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(230)	144	(145)	(2)
Currency/Interest Rate | Cash Flow Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Cash Flow Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Cash Flow Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Cash Flow Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(755)	(109)	(150)	(620)
Currency/Interest Rate | Net Investment Hedging | Gain (Loss) on Investments | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Net Investment Hedging | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Net Investment Hedging | Investment Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Net Investment Hedging | Other Income | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Net Investment Hedging | Interest Expense | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Net Investment Hedging | Interest Credited To Policyholder Account Balances | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Net Investment Hedging | Policyholder Benefits | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Currency/Interest Rate | Net Investment Hedging | Change in AOCI | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Credit Risk Contract | Gain (Loss) on Investments | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	33	1	89	86
Credit Risk Contract | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Credit Risk Contract | Investment Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Credit Risk Contract | Other Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Credit Risk Contract | Interest Expense | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Credit Risk Contract | Interest Credited To Policyholder Account Balances | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Credit Risk Contract | Policyholder Benefits | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Credit Risk Contract | Change in AOCI | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Equity | Gain (Loss) on Investments | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	641	(461)	2,681	689
Equity | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(354)	314	(914)	(363)
Equity | Investment Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Equity | Other Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Equity | Interest Expense | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Equity | Interest Credited To Policyholder Account Balances | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Equity | Policyholder Benefits | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Equity | Change in AOCI | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Other Contract | Gain (Loss) on Investments | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Other Contract | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Other Contract | Investment Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Other Contract | Other Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Other Contract | Interest Expense | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Other Contract | Interest Credited To Policyholder Account Balances | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Other Contract | Policyholder Benefits | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Other Contract | Change in AOCI | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Embedded Derivative Financial Instruments | Gain (Loss) on Investments | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(2,036)	298	(2,671)	(918)
Embedded Derivative Financial Instruments | Market Risk Benefit, Increase (Decrease) from Equity Market Change) | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Embedded Derivative Financial Instruments | Investment Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Embedded Derivative Financial Instruments | Other Income | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Embedded Derivative Financial Instruments | Interest Expense | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Embedded Derivative Financial Instruments | Interest Credited To Policyholder Account Balances | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Embedded Derivative Financial Instruments | Policyholder Benefits | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Embedded Derivative Financial Instruments | Change in AOCI | Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	$ 0	$ 0	$ 0	$ 0

Derivative Instruments (Current

Derivative Instruments (Current Period Cash Flow Hedges in AOCI (loss) before Taxes) (Details) - Cash flow hedges in AOCI $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Balance, beginning	$ 869
Total amount recorded in AOCI	(43)
Amount reclassified from AOCI to income	(132)
Balance, ending	694
Interest Rate
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Total amount recorded in AOCI	(5)
Amount reclassified from AOCI to income	25
Currency
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Total amount recorded in AOCI	(42)
Amount reclassified from AOCI to income	(3)
Currency/Interest Rate
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Total amount recorded in AOCI	4
Amount reclassified from AOCI to income	$ (154)

Derivative Instruments Derivati

Derivative Instruments Derivative Instruments (Credit Derivatives) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Gross Notional	$ 3,949	$ 3,446
Credit Risk Derivative Liabilities, at Fair Value	80	64
Single Name
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
Credit Default Index
Derivative [Line Items]
Gross Notional	3,949	3,446
Credit Risk Derivative Liabilities, at Fair Value	$ 80	64
Credit Default Swaps Referencing Indices
Derivative [Line Items]
Credit derivatives written max length of maturities (in years)	11 years
NAIC 1
Derivative [Line Items]
Gross Notional	$ 0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 1 | Single Name
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 1 | Credit Default Index
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 2
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 2 | Single Name
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 2 | Credit Default Index
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 3
Derivative [Line Items]
Gross Notional	3,365	2,723
Credit Risk Derivative Liabilities, at Fair Value	35	19
NAIC 3 | Single Name
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 3 | Credit Default Index
Derivative [Line Items]
Gross Notional	3,365	2,723
Credit Risk Derivative Liabilities, at Fair Value	35	19
NAIC 4
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 4 | Single Name
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 4 | Credit Default Index
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 5
Derivative [Line Items]
Gross Notional	0	89
Credit Risk Derivative Liabilities, at Fair Value	0	5
NAIC 5 | Single Name
Derivative [Line Items]
Gross Notional	0	0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 5 | Credit Default Index
Derivative [Line Items]
Gross Notional	0	89
Credit Risk Derivative Liabilities, at Fair Value	0	5
NAIC 6
Derivative [Line Items]
Gross Notional	584	634
Credit Risk Derivative Liabilities, at Fair Value	$ 45	$ 40
Credit Derivative, Maximum Exposure, Undiscounted Pecentage	4%	3%
NAIC 6 | Single Name
Derivative [Line Items]
Gross Notional	$ 0	$ 0
Credit Risk Derivative Liabilities, at Fair Value	0	0
NAIC 6 | Credit Default Index
Derivative [Line Items]
Gross Notional	584	634
Credit Risk Derivative Liabilities, at Fair Value	$ 45	$ 40

Fair Value of Assets and Liab_3

Fair Value of Assets and Liabilities (Balances of Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Millions		9 Months Ended	12 Months Ended
		Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value	[1]	$ 340,730	$ 316,321
Assets supporting experience-rated contractholder liabilities		3,654	3,168
Market risk benefit assets		2,134	1,981	$ 2,200
Fixed maturities, trading, at fair value (amortized cost: 2024-$12,404; 2023-$10,624)	[1]	12,065	9,790
Equity securities	[1]	6,771	8,242
Commercial mortgage and other loans	[1]	62,573	59,305
Other invested assets	[1]	25,367	22,855
Reinsurance recoverables and deposit receivables	[2]	29,633	27,311
Other assets	[1],[2]	12,947	13,179
Separate account assets		200,550	198,888
TOTAL ASSETS		760,294	721,123
Market risk benefit liabilities		5,178	5,467	$ 4,660
Reinsurance and funds withheld payables	[2]	17,443	15,729
Other Liabilities	[1]	15,489	16,071
Total liabilities		727,719	691,336
Netting		(14,762)	(13,158)
Fixed Maturities, available-for-sale, Amortized Cost		$ 357,428	$ 334,598
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
VIE notes maturities		43 days	49 days
U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		$ 25,648	$ 21,796
Fixed Maturities, available-for-sale, Amortized Cost		28,379	24,874
Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		7,029	8,458
Fixed Maturities, available-for-sale, Amortized Cost		7,216	8,650
Foreign government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		65,460	70,190
Assets supporting experience-rated contractholder liabilities		606	604
Fixed Maturities, available-for-sale, Amortized Cost		70,344	71,556
U.S. public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		110,208	98,172
Fixed Maturities, available-for-sale, Amortized Cost		115,390	105,593
U.S. private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		44,479	41,020
Fixed Maturities, available-for-sale, Amortized Cost		45,419	42,801
Foreign public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		23,813	19,643
Fixed Maturities, available-for-sale, Amortized Cost		24,278	20,473
Foreign private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		35,933	32,290
Fixed Maturities, available-for-sale, Amortized Cost		37,940	35,128
Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets supporting experience-rated contractholder liabilities		75	79
Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		16,223	12,595
Fixed Maturities, available-for-sale, Amortized Cost		16,062	12,514
Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		9,272	9,892
Fixed Maturities, available-for-sale, Amortized Cost		9,616	10,571
Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		2,665	2,265
Fixed Maturities, available-for-sale, Amortized Cost		2,784	2,438
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value investment measured at NAV per share			239
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		340,730	316,321
Assets supporting experience-rated contractholder liabilities		3,654	3,168
Market risk benefit assets		2,134	1,981
Fixed maturities, trading, at fair value (amortized cost: 2024-$12,404; 2023-$10,624)		12,065	9,790
Equity securities		6,771	8,003
Commercial mortgage and other loans		1,098	519
Other invested assets		2,077	1,949
Short-term investments		7,438	3,900
Cash equivalents		9,679	10,302
Reinsurance recoverables and deposit receivables		324	149
Other assets		0	11
Separate account assets		174,154	171,812
TOTAL ASSETS		560,124	527,905
Market risk benefit liabilities		5,178	5,467
Policyholders' account balances		11,977	7,752
Reinsurance and funds withheld payables		577	490
Other Liabilities		3,764	4,175
Notes issued by consolidated VIEs		440	778
Total liabilities		21,936	18,662
Assets Netting		(14,762)	(13,158)
Liabilities Netting		(23,006)	(22,973)
Netting		(8,244)	(9,815)
Fair Value, Measurements, Recurring | U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		25,648	21,796
Assets supporting experience-rated contractholder liabilities		224	206
Fair Value, Measurements, Recurring | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		7,029	8,458
Fair Value, Measurements, Recurring | Foreign government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		65,460	70,190
Assets supporting experience-rated contractholder liabilities		606	604
Fair Value, Measurements, Recurring | U.S. public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		110,208	98,172
Fair Value, Measurements, Recurring | U.S. private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		44,479	41,020
Fair Value, Measurements, Recurring | Foreign public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		23,813	19,643
Fair Value, Measurements, Recurring | Foreign private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		35,933	32,290
Fair Value, Measurements, Recurring | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets supporting experience-rated contractholder liabilities		75	79
Fair Value, Measurements, Recurring | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		16,223	12,595
Fair Value, Measurements, Recurring | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		9,272	9,892
Fair Value, Measurements, Recurring | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		2,665	2,265
Fair Value, Measurements, Recurring | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets supporting experience-rated contractholder liabilities		2,749	2,279
Fair Value, Measurements, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Assets supporting experience-rated contractholder liabilities		1,353	1,004
Market risk benefit assets		0	0
Fixed maturities, trading, at fair value (amortized cost: 2024-$12,404; 2023-$10,624)		0	0
Equity securities		4,361	5,953
Commercial mortgage and other loans		0	0
Other invested assets		23	27
Short-term investments		1,345	125
Cash equivalents		992	2,240
Reinsurance recoverables and deposit receivables		0	0
Other assets		0	0
Separate account assets		9,383	8,925
TOTAL ASSETS		17,457	18,274
Market risk benefit liabilities		0	0
Policyholders' account balances		0	0
Reinsurance and funds withheld payables		0	0
Other Liabilities		45	35
Notes issued by consolidated VIEs		0	0
Total liabilities		45	35
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Assets supporting experience-rated contractholder liabilities		0	0
Fair Value, Measurements, Recurring | Level 1 | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Fair Value, Measurements, Recurring | Level 1 | Foreign government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Assets supporting experience-rated contractholder liabilities		0	0
Fair Value, Measurements, Recurring | Level 1 | U.S. public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Fair Value, Measurements, Recurring | Level 1 | U.S. private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Fair Value, Measurements, Recurring | Level 1 | Foreign public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Fair Value, Measurements, Recurring | Level 1 | Foreign private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Fair Value, Measurements, Recurring | Level 1 | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets supporting experience-rated contractholder liabilities		0	0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Fair Value, Measurements, Recurring | Level 1 | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Fair Value, Measurements, Recurring | Level 1 | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Fair Value, Measurements, Recurring | Level 1 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets supporting experience-rated contractholder liabilities		1,353	1,004
Fair Value, Measurements, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		332,823	310,203
Assets supporting experience-rated contractholder liabilities		2,301	2,164
Market risk benefit assets		0	0
Fixed maturities, trading, at fair value (amortized cost: 2024-$12,404; 2023-$10,624)		10,451	9,361
Equity securities		1,820	1,538
Commercial mortgage and other loans		1,098	519
Other invested assets		15,888	14,234
Short-term investments		5,625	3,746
Cash equivalents		8,686	8,058
Reinsurance recoverables and deposit receivables		(186)	(75)
Other assets		0	0
Separate account assets		164,499	161,793
TOTAL ASSETS		543,005	511,541
Market risk benefit liabilities		0	0
Policyholders' account balances		0	0
Reinsurance and funds withheld payables		577	490
Other Liabilities		26,723	27,112
Notes issued by consolidated VIEs		0	0
Total liabilities		27,300	27,602
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		25,648	21,796
Assets supporting experience-rated contractholder liabilities		224	206
Fair Value, Measurements, Recurring | Level 2 | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		7,023	8,451
Fair Value, Measurements, Recurring | Level 2 | Foreign government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		65,453	70,182
Assets supporting experience-rated contractholder liabilities		606	604
Fair Value, Measurements, Recurring | Level 2 | U.S. public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		110,143	98,097
Fair Value, Measurements, Recurring | Level 2 | U.S. private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		40,838	38,199
Fair Value, Measurements, Recurring | Level 2 | Foreign public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		23,734	19,576
Fair Value, Measurements, Recurring | Level 2 | Foreign private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		34,104	30,447
Fair Value, Measurements, Recurring | Level 2 | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets supporting experience-rated contractholder liabilities		75	79
Fair Value, Measurements, Recurring | Level 2 | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		14,861	12,236
Fair Value, Measurements, Recurring | Level 2 | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		8,364	8,954
Fair Value, Measurements, Recurring | Level 2 | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		2,655	2,265
Fair Value, Measurements, Recurring | Level 2 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets supporting experience-rated contractholder liabilities		1,396	1,275
Fair Value, Measurements, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		7,907	6,118
Assets supporting experience-rated contractholder liabilities		0	0
Market risk benefit assets		2,134	1,981
Fixed maturities, trading, at fair value (amortized cost: 2024-$12,404; 2023-$10,624)		1,614	429
Equity securities		590	512
Commercial mortgage and other loans		0	0
Other invested assets		928	846
Short-term investments		468	29
Cash equivalents		1	4
Reinsurance recoverables and deposit receivables		510	224
Other assets		0	11
Separate account assets		272	1,094
TOTAL ASSETS		14,424	11,248
Market risk benefit liabilities		5,178	5,467
Policyholders' account balances		11,977	7,752
Reinsurance and funds withheld payables		0	0
Other Liabilities		2	1
Notes issued by consolidated VIEs		440	778
Total liabilities		17,597	13,998
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		0	0
Assets supporting experience-rated contractholder liabilities		0	0
Fair Value, Measurements, Recurring | Level 3 | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		6	7
Fair Value, Measurements, Recurring | Level 3 | Foreign government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		7	8
Assets supporting experience-rated contractholder liabilities		0	0
Fair Value, Measurements, Recurring | Level 3 | U.S. public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		65	75
Fair Value, Measurements, Recurring | Level 3 | U.S. private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		3,641	2,821
Fair Value, Measurements, Recurring | Level 3 | Foreign public corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		79	67
Fair Value, Measurements, Recurring | Level 3 | Foreign private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		1,829	1,843
Fair Value, Measurements, Recurring | Level 3 | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets supporting experience-rated contractholder liabilities		0	0
Fair Value, Measurements, Recurring | Level 3 | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		1,362	359
Fair Value, Measurements, Recurring | Level 3 | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		908	938
Fair Value, Measurements, Recurring | Level 3 | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		10	0
Fair Value, Measurements, Recurring | Level 3 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets supporting experience-rated contractholder liabilities		0	0
Prudential Netting Agreement | U.S. private corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale, at fair value		14,137	12,370
Fixed Maturities, available-for-sale, Amortized Cost		14,126	12,370
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value investment measured at NAV per share		4,984	4,125
Separate account assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value investment measured at NAV per share		$ 26,396	$ 27,076
[1] See Note 4 for details of balances associated with variable interest entities. See Note 20 for additional information regarding related party transactions.

Fair Value of Assets and Liab_4

Fair Value of Assets and Liabilities (Quantitative Info for Level 3 Inputs) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Market risk benefit assets	$ 2,134	$ 1,981	$ 2,200
Market risk benefit liabilities	5,178	5,467	$ 4,660
Fair Value, Measurements, Recurring
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Market risk benefit assets	2,134	1,981
Market risk benefit liabilities	5,178	5,467
Policyholders' account balances	11,977	7,752
Level 3
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Funds held under reinsurance agreements	$ 10,000
Level 3 | Minimum
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Fair value inputs, policyholder age	50 years
Level 3 | Minimum | Market risk benefit liabilities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Mortality rate	0%
Level 3 | Maximum
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Fair value inputs, policyholder age	90 years
Level 3 | Fair Value, Measurements, Recurring
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Market risk benefit assets	$ 2,134	1,981
Market risk benefit liabilities	5,178	5,467
Policyholders' account balances	$ 11,977	$ 7,752
Level 3 | Internal | Minimum | Discounted cash flow | Market risk benefit liabilities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Lapse rate	1%	1%
Spread over SOFR	0.37%	0.41%
Utilization rate	37%	38%
Withdrawal rate (greater than maximum range)	78%	81%
Mortality rate	0%	0%
Equity volatility curve	15%	15%
Level 3 | Internal | Minimum | Discounted cash flow | Policyholders’ account balances
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Lapse rate	0%	1%
Spread over SOFR	0.37%	0.41%
Mortality rate	0%	0%
Option budget	(1.00%)	(1.00%)
Level 3 | Internal | Minimum | Discounted cash flow | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Discount rate	0.92%	0.57%
Level 3 | Internal | Minimum | Discounted cash flow | Commercial mortgage-backed securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Liquidity premium	1%	0.60%
Level 3 | Internal | Minimum | Discounted cash flow | Market risk benefit assets
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Lapse rate	1%	1%
Spread over SOFR	0.37%	0.41%
Utilization rate	37%	38%
Withdrawal rate (greater than maximum range)	78%	81%
Mortality rate	0%	0%
Equity volatility curve	15%	15%
Level 3 | Internal | Minimum | Discounted cash flow | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Discount rate	0.16%	0.16%
Level 3 | Internal | Minimum | Market comparables | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
EBITDA multiples	4	5.5
Level 3 | Internal | Minimum | Market comparables | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
EBITDA multiples	1	1
Level 3 | Internal | Minimum | Liquidation | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Liquidation value	0%	3.55%
Level 3 | Internal | Minimum | Net asset value | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Share price	3	3
Level 3 | Internal | Maximum | Discounted cash flow | Market risk benefit liabilities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Lapse rate	20%	20%
Spread over SOFR	1.84%	1.82%
Utilization rate	94%	95%
Withdrawal rate (greater than maximum range)	100%	100%
Mortality rate	16%	15%
Equity volatility curve	25%	25%
Level 3 | Internal | Maximum | Discounted cash flow | Policyholders’ account balances
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Lapse rate	80%	80%
Spread over SOFR	1.85%	1.85%
Mortality rate	23%	23%
Option budget	7%	7%
Level 3 | Internal | Maximum | Discounted cash flow | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Discount rate	20%	20%
Level 3 | Internal | Maximum | Discounted cash flow | Commercial mortgage-backed securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Liquidity premium	1%	0.75%
Level 3 | Internal | Maximum | Discounted cash flow | Market risk benefit assets
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Lapse rate	20%	20%
Spread over SOFR	1.84%	1.82%
Utilization rate	94%	95%
Withdrawal rate (greater than maximum range)	100%	100%
Mortality rate	16%	15%
Equity volatility curve	25%	25%
Level 3 | Internal | Maximum | Discounted cash flow | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Discount rate	40%	20%
Level 3 | Internal | Maximum | Market comparables | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
EBITDA multiples	8.8	8.8
Level 3 | Internal | Maximum | Market comparables | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
EBITDA multiples	12.2	10
Level 3 | Internal | Maximum | Liquidation | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Liquidation value	0%	68%
Level 3 | Internal | Maximum | Net asset value | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Share price	1,810	1,714
Level 3 | Internal | Weighted Average | Discounted cash flow | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Discount rate	11.15%	8.65%
Level 3 | Internal | Weighted Average | Discounted cash flow | Commercial mortgage-backed securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Liquidity premium	1%	0.70%
Level 3 | Internal | Weighted Average | Market comparables | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
EBITDA multiples	5	7.4
Level 3 | Internal | Weighted Average | Market comparables | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
EBITDA multiples	5.1	6.3
Level 3 | Internal | Weighted Average | Liquidation | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Liquidation value	0%	57.63%
Level 3 | Internal | Weighted Average | Net asset value | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Share price	842	733
Level 3 | Internal | Fair Value, Measurements, Recurring | Market risk benefit liabilities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Market risk benefit liabilities	$ 5,178	$ 5,467
Level 3 | Internal | Fair Value, Measurements, Recurring | Policyholders’ account balances
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Policyholders' account balances	11,974	7,752
Level 3 | Internal | Fair Value, Measurements, Recurring | Corporate securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Corporate securities	4,890	1,311
Level 3 | Internal | Fair Value, Measurements, Recurring | Commercial mortgage-backed securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Commercial mortgage-backed securities	908	938
Level 3 | Internal | Fair Value, Measurements, Recurring | Market risk benefit assets
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Market risk benefit assets	2,134	1,981
Level 3 | Internal | Fair Value, Measurements, Recurring | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities	$ 223	$ 246
Level 3 | Internal | Fair Value, Measurements, Recurring | Minimum | Discounted cash flow | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Discount rate, equity securities	10%
Level 3 | Internal | Fair Value, Measurements, Recurring | Maximum | Discounted cash flow | Equity securities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Discount rate, equity securities	20%

Fair Value of Assets and Liab_5

Fair Value of Assets and Liabilities (Changes in Level 3 Assets and Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Unrealized gains (losses) for assets/liabilities still held:
Market risk benefit assets	$ 2,134	$ 2,200	$ 2,134	$ 2,200	$ 1,981
Market risk benefit liabilities	5,178	4,660	5,178	4,660	5,467
Fair Value, Measurements, Recurring
Unrealized gains (losses) for assets/liabilities still held:
Market risk benefit assets	2,134		2,134		1,981
Market risk benefit liabilities	5,178		5,178		$ 5,467
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	556	773	512	627
Purchases	47	19	122	28
Sales	(20)	(1)	(36)	(68)
Issuances	0	0	0	0
Settlements	0	(28)	(5)	(34)
Other	0	0	6	216
Transfers into level 3	0	2	1	3
Transfers out of Level 3	0	(35)	(10)	(36)
Fair Value, end of period	590	741	590	741
Total gains (losses) (realized/unrealized):
Included in earnings	7	11	0	5
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	7	12	(3)	(5)
Equity securities | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	(1)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Equity securities | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	7	11	0	6
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	7	12	(3)	(5)
Equity securities | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Equity securities | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Equity securities | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	938	865	846	539
Purchases	3	5	125	359
Sales	0	(2)	(2)	(11)
Issuances	0	0	0	0
Settlements	0	0	0	0
Other	2	0	21	0
Transfers into level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	928	861	928	861
Total gains (losses) (realized/unrealized):
Included in earnings	(15)	(7)	(62)	(26)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	(14)	(7)	(62)	(26)
Other invested assets | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	0	(5)	0	(6)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	1	(5)	0	(6)
Other invested assets | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	(15)	(2)	(62)	(20)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	(15)	(2)	(62)	(20)
Other invested assets | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other invested assets | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other invested assets | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Short-term investments
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	9	25	29	18
Purchases	456	12	463	43
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	(14)	(6)	(41)
Other	3	0	(19)	0
Transfers into level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	468	24	468	24
Total gains (losses) (realized/unrealized):
Included in earnings	0	1	1	4
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Short-term investments | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	0	1	0	3
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Short-term investments | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Short-term investments | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Short-term investments | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Short-term investments | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	1	1
Cash equivalents
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	4	0	4	0
Purchases	0	0	4	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Other	(4)	0	(8)	0
Transfers into level 3	0	0	0	0
Transfers out of Level 3	1	0	1	0
Fair Value, end of period	1	0	1	0
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Cash equivalents | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Cash equivalents | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Cash equivalents | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Cash equivalents | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Cash equivalents | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Reinsurance recoverables and deposit receivables
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	363	217	224	141
Purchases	63	34	177	107
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	(14)	(7)	(40)	(12)
Other	88	0	88	0
Transfers into level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	510	270	510	270
Total gains (losses) (realized/unrealized):
Included in earnings	10	26	61	34
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	(4)	19	21	22
Reinsurance recoverables and deposit receivables | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	10	26	61	34
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	(4)	19	21	22
Reinsurance recoverables and deposit receivables | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Reinsurance recoverables and deposit receivables | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Reinsurance recoverables and deposit receivables | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Reinsurance recoverables and deposit receivables | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Other assets
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	0	12	11	11
Purchases	0	(1)	8	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Other	0	0	(19)	0
Transfers into level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	0	11	0	11
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other assets | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other assets | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other assets | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other assets | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other assets | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Separate accounts assets
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	342	1,175	1,094	1,081
Purchases	176	87	312	396
Sales	(208)	(82)	(1,032)	(279)
Issuances	0	0	0	0
Settlements	(3)	(2)	(7)	(68)
Other	0	0	0	0
Transfers into level 3	12	42	12	45
Transfers out of Level 3	(51)	(60)	(57)	(103)
Fair Value, end of period	272	1,160	272	1,160
Total gains (losses) (realized/unrealized):
Included in earnings	4	0	(50)	88
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	(12)	(14)	75
Separate accounts assets | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Separate accounts assets | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Separate accounts assets | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	4	0	(50)	88
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	(12)	(14)	75
Separate accounts assets | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Separate accounts assets | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Policyholders’ account balances
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	(10,213)	(5,629)	(7,752)	(3,492)
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	(711)	(410)	(1,798)	(1,249)
Settlements	0	0	0	0
Other	43	28	45	1
Transfers Into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	(11,977)	(6,108)	(11,977)	(6,108)
Total gains (losses) (realized/unrealized):
Included in earnings	(1,096)	(97)	(2,472)	(1,368)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	274	(263)	1,023	(525)
Policyholders’ account balances | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	(1,096)	(97)	(2,472)	(1,368)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	274	(263)	1,023	(525)
Policyholders’ account balances | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Policyholders’ account balances | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Policyholders’ account balances | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Policyholders’ account balances | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Other liabilities
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	(1)	(1)	(1)	(1)
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Other	0	0	0	0
Transfers Into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	(2)	(1)	(2)	(1)
Total gains (losses) (realized/unrealized):
Included in earnings	(1)	0	(1)	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	(1)	0
Other liabilities | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	(1)	0	(1)	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	(1)	0
Other liabilities | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other liabilities | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other liabilities | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Other liabilities | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Notes issued by consolidated VIEs
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	(422)	0	(778)	0
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	(21)	0	(48)	0
Settlements	0	0	0	0
Other	0	(392)	391	(392)
Transfers Into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	(440)	(392)	(440)	(392)
Total gains (losses) (realized/unrealized):
Included in earnings	3	0	(5)	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	3	0	(5)	0
Notes issued by consolidated VIEs | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Notes issued by consolidated VIEs | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	3	0	(5)	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	3	0	(5)	0
Notes issued by consolidated VIEs | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Notes issued by consolidated VIEs | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Notes issued by consolidated VIEs | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Fixed maturities, available-for-sale | Fixed maturities | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	(72)	(4)	(135)	(20)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	(66)	(1)	(124)	(3)
Fixed maturities, available-for-sale | Fixed maturities | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Fixed maturities, available-for-sale | Fixed maturities | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Fixed maturities, available-for-sale | Fixed maturities | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	119	(130)	70	(111)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	108	(130)	55	(125)
Fixed maturities, available-for-sale | Fixed maturities | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	7	8	22	11
Fixed maturities, available-for-sale | Fixed maturities | U.S. states
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	6	7	7	7
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Other	0	0	0	0
Transfers into level 3	0	0	0	0
Transfers out of Level 3	(1)	0	(1)	0
Fair Value, end of period	6	7	6	7
Total gains (losses) (realized/unrealized):
Included in earnings	1	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Fixed maturities, available-for-sale | Fixed maturities | Foreign government securities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	7	8	8	8
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	1	0	0	0
Other	0	0	0	0
Transfers into level 3	(1)	0	(1)	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	7	8	7	8
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Fixed maturities, available-for-sale | Fixed maturities | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	5,003	4,461	4,806	3,858
Purchases	694	393	1,513	1,657
Sales	(52)	(23)	(85)	(198)
Issuances	0	0	0	0
Settlements	(112)	(247)	(620)	(747)
Other	28	14	(126)	(6)
Transfers into level 3	81	289	243	307
Transfers out of Level 3	(16)	(149)	(16)	(168)
Fair Value, end of period	5,614	4,657	5,614	4,657
Total gains (losses) (realized/unrealized):
Included in earnings	(12)	(81)	(101)	(46)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	(20)	(86)	(120)	(47)
Fixed maturities, available-for-sale | Fixed maturities | Structured securities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	2,052	1,264	1,297	1,289
Purchases	230	166	1,822	405
Sales	(55)	(1)	(56)	(6)
Issuances	0	0	0	0
Settlements	(7)	(5)	(82)	(30)
Other	2	(1)	(491)	(1)
Transfers into level 3	8	76	67	113
Transfers out of Level 3	(15)	(114)	(335)	(356)
Fair Value, end of period	2,280	1,340	2,280	1,340
Total gains (losses) (realized/unrealized):
Included in earnings	65	(45)	58	(74)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	62	(45)	51	(81)
Fixed maturities, trading | Fixed maturities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	1,520	302	429	304
Purchases	322	32	1,216	98
Sales	(1)	(39)	(23)	(39)
Issuances	0	0	0	0
Settlements	(15)	(5)	(131)	(18)
Other	1	9	0	10
Transfers into level 3	65	0	467	0
Transfers out of Level 3	(327)	2	(388)	(57)
Fair Value, end of period	1,614	297	1,614	297
Total gains (losses) (realized/unrealized):
Included in earnings	49	(4)	44	(1)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	49	(5)	49	(5)
Fixed maturities, trading | Fixed maturities | Realized investment gains (losses), net
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Fixed maturities, trading | Fixed maturities | Other income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	49	(4)	43	(2)
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	49	(5)	49	(5)
Fixed maturities, trading | Fixed maturities | Interest credited to policyholders’ account balances
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Fixed maturities, trading | Fixed maturities | Included in other comprehensive income (loss)
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Unrealized gains (losses) for assets/liabilities still held:
Included in earnings	0	0	0	0
Fixed maturities, trading | Fixed maturities | Net investment income
Total gains (losses) (realized/unrealized):
Included in earnings	$ 0	$ 0	$ 1	$ 1

Fair Value of Assets and Liab_6

Fair Value of Assets and Liabilities (Derivative Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	$ 1,151	$ 1,103
Netting	(14,762)	(13,158)
Total derivative liabilities	3,764	4,181
Netting	(23,006)	(22,973)
Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	8,339	8,998
Total derivative liabilities	21,630	22,987
Currency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	1,022	1,008
Total derivative liabilities	1,176	1,149
Credit Risk Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	80	64
Total derivative liabilities	0	0
Currency/Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	2,182	2,454
Total derivative liabilities	883	840
Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	4,290	1,737
Total derivative liabilities	3,081	2,178
Other Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	23	26
Total derivative liabilities	45	36
Level 1 | Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	23	7
Total derivative liabilities	44	26
Level 1 | Currency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 1 | Credit Risk Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 1 | Currency/Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 1 | Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	19
Total derivative liabilities	1	10
Level 1 | Other Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	15,888	14,234
Total derivative liabilities	26,723	27,117
Level 2 | Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	8,314	8,990
Total derivative liabilities	21,584	22,960
Level 2 | Currency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	1,022	1,008
Total derivative liabilities	1,176	1,149
Level 2 | Credit Risk Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	80	64
Total derivative liabilities	0	0
Level 2 | Currency/Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	2,182	2,454
Total derivative liabilities	883	840
Level 2 | Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	4,290	1,718
Total derivative liabilities	3,080	2,168
Level 2 | Other Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	2	1
Total derivative liabilities	2	1
Level 3 | Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	2	1
Total derivative liabilities	2	1
Level 3 | Currency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 3 | Credit Risk Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 3 | Currency/Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 3 | Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 3 | Other Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	$ 0	$ 0

Fair Value of Assets and Liab_7

Fair Value of Assets and Liabilities (Changes in Level 3 Derivative Assets and Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Equity
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, beginning of period	$ 0	$ 0	$ 0	$ 0
Total gains (losses) (realized/unrealized):
Included in earnings	0	0	0	0
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Other	0	0	0	0
Transfers into level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	0	0	0	0
Unrealized Gain (Loss) for assets still held
Included in earnings	0	0	0	0
Interest Rate
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, beginning of period	1	0	0	0
Total gains (losses) (realized/unrealized):
Included in earnings	(1)	0	0	0
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Other	0	0	0	0
Transfers into level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	0	0	0	0
Unrealized Gain (Loss) for assets still held
Included in earnings	$ 0	$ 0	$ 0	$ 0

Fair Value of Assets and Liab_8

Fair Value of Assets and Liabilities (Nonrecurring Fair Value Measurements) (Details) - Fair Value, Measurements, Nonrecurring - Level 3 - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Commercial mortgage loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Realized investment gains (losses) net	$ 0	$ 0	$ 0	$ 0
Carrying value after measurement as of period end	0		0		$ 34
Investment real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Realized investment gains (losses) net	(9)	0	(12)	(17)
Carrying value after measurement as of period end	176		176		113
Investment in JV/LP and Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Realized investment gains (losses) net	0	$ (10)	(7)	$ (65)
Carrying value after measurement as of period end	$ 128		$ 128		$ 186

Fair Value of Assets and Liab_9

Fair Value of Assets and Liabilities (Changes in Fair Values Recorded in Earnings for FVO Assets-Liabilities) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Fair Value, Option, Quantitative Disclosures [Line Items]
Commercial mortgage and other loans	[1]	$ 62,573		$ 62,573		$ 59,305
Other invested assets	[1]	25,367		25,367		22,855
Other assets	[1],[2]	12,947		12,947		13,179
Commercial mortgage and other loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Interest income		7	$ 2	10	$ 7
Fair value option loans in more than 90 days past due and still accruing		0		0
Notes issued by consolidated VIEs
Fair Value, Option, Quantitative Disclosures [Line Items]
Changes in fair value		(3)	0	5	0
Interest expense		4	$ 0	14	$ 0
Fair value option
Fair Value, Option, Quantitative Disclosures [Line Items]
Commercial mortgage and other loans		1,098		1,098		519
Other invested assets		19		19		0
Other assets		0		0		11
Notes issued by consolidated VIEs		440		440		778
Fair value option, aggregate contractual principal
Fair Value, Option, Quantitative Disclosures [Line Items]
Commercial mortgage and other loans		1,089		1,089		512
Notes issued by consolidated VIEs		$ 443		$ 443		$ 787
[1] See Note 4 for details of balances associated with variable interest entities. See Note 20 for additional information regarding related party transactions.

Fair Value of Assets and Lia_10

Fair Value of Assets and Liabilities (Financial Instruments where Carrying Amounts and Fair Values May Differ) (Details) - USD ($) $ in Millions		Sep. 30, 2024		Dec. 31, 2023		Sep. 30, 2023
Assets:
Commercial mortgage and other loans	[1]	$ 62,573		$ 59,305
Policy loans		9,947		10,047
Other invested assets	[1]	25,367		22,855
Cash and cash equivalents		20,198	[1]	19,419	[1]	$ 16,892
Accrued investment income	[1]	3,566		3,287
Reinsurance recoverables and deposit receivables	[2]	29,633		27,311
Other assets, assets at fair value		0		11
Liabilities:
Securities sold under agreements to repurchase		7,455		6,056
Cash collateral for loaned securities		8,471		6,477
Reinsurance and funds withheld payables	[2]	17,443		15,729
Short-term debt		950		618
Long-term debt		19,076		18,882
Other Liabilities, derivatives at fair value		3,764		4,175
Fair Value
Assets:
Commercial mortgage and other loans		59,372		55,652
Policy loans		9,947		10,047
Other invested assets		95		97
Short-term investments		572		1,105
Cash and cash equivalents		10,519		9,117
Accrued investment income		3,566		3,287
Reinsurance recoverables and deposit receivables		5,664		5,176
Other assets, assets at fair value		2,840		3,102
Total assets		92,575		87,583
Liabilities:
Policyholders’ account balances—investment contracts		74,733		68,883
Securities sold under agreements to repurchase		7,455		6,056
Cash collateral for loaned securities		8,471		6,477
Reinsurance and funds withheld payables		10,281		9,530
Short-term debt		959		618
Long-term debt		18,946		18,268
Notes issued by consolidated VIEs		1,016		596
Other Liabilities, derivatives at fair value		6,924		6,982
Separate account liabilities—investment contracts		41,382		45,365
Total liabilities		170,167		162,775
Carrying Amount
Assets:
Commercial mortgage and other loans		61,475		58,786
Policy loans		9,947		10,047
Other invested assets		95		97
Short-term investments		572		1,105
Cash and cash equivalents		10,519		9,117
Accrued investment income		3,566		3,287
Reinsurance recoverables and deposit receivables		5,664		5,176
Other assets, assets at fair value		2,840		3,102
Total assets		94,678		90,717
Liabilities:
Policyholders’ account balances—investment contracts		79,503		72,604
Securities sold under agreements to repurchase		7,455		6,056
Cash collateral for loaned securities		8,471		6,477
Reinsurance and funds withheld payables		10,281		9,530
Short-term debt		950		618
Long-term debt		19,076		18,882
Notes issued by consolidated VIEs		1,016		596
Other Liabilities, derivatives at fair value		6,924		6,982
Separate account liabilities—investment contracts		41,382		45,365
Total liabilities		175,058		167,110
Level 1 | Fair Value
Assets:
Commercial mortgage and other loans		0		0
Policy loans		8		8
Other invested assets		0		0
Short-term investments		540		1,092
Cash and cash equivalents		9,815		8,709
Accrued investment income		0		0
Reinsurance recoverables and deposit receivables		0		0
Other assets, assets at fair value		30		43
Total assets		10,393		9,852
Liabilities:
Policyholders’ account balances—investment contracts		0		0
Securities sold under agreements to repurchase		0		0
Cash collateral for loaned securities		0		0
Reinsurance and funds withheld payables		0		0
Short-term debt		0		0
Long-term debt		565		564
Notes issued by consolidated VIEs		0		0
Other Liabilities, derivatives at fair value		0		0
Separate account liabilities—investment contracts		0		0
Total liabilities		565		564
Level 2 | Fair Value
Assets:
Commercial mortgage and other loans		37		41
Policy loans		0		0
Other invested assets		95		97
Short-term investments		32		13
Cash and cash equivalents		704		408
Accrued investment income		3,566		3,287
Reinsurance recoverables and deposit receivables		8		5
Other assets, assets at fair value		2,809		3,059
Total assets		7,251		6,910
Liabilities:
Policyholders’ account balances—investment contracts		31,100		31,089
Securities sold under agreements to repurchase		7,455		6,056
Cash collateral for loaned securities		8,471		6,477
Reinsurance and funds withheld payables		10,312		9,553
Short-term debt		519		535
Long-term debt		17,975		16,938
Notes issued by consolidated VIEs		0		0
Other Liabilities, derivatives at fair value		6,892		6,950
Separate account liabilities—investment contracts		22,672		24,050
Total liabilities		105,396		101,648
Level 3 | Fair Value
Assets:
Commercial mortgage and other loans		59,335		55,611
Policy loans		9,939		10,039
Other invested assets		0		0
Short-term investments		0		0
Cash and cash equivalents		0		0
Accrued investment income		0		0
Reinsurance recoverables and deposit receivables		5,656		5,171
Other assets, assets at fair value		1		0
Total assets		74,931		70,821
Liabilities:
Policyholders’ account balances—investment contracts		43,633		37,794
Securities sold under agreements to repurchase		0		0
Cash collateral for loaned securities		0		0
Reinsurance and funds withheld payables		(31)		(23)
Short-term debt		440		83
Long-term debt		406		766
Notes issued by consolidated VIEs		1,016		596
Other Liabilities, derivatives at fair value		32		32
Separate account liabilities—investment contracts		18,710		21,315
Total liabilities		64,206		60,563
Prudential Netting Agreement | Fair Value
Liabilities:
Short-term debt		1,750		2,000
Long-term debt		12,387		10,370
Prudential Netting Agreement | Carrying Amount
Liabilities:
Short-term debt		1,750		2,000
Long-term debt		12,376		10,370
Prismic Life Reinsurance, Ltd | Fair Value
Liabilities:
Reinsurance and funds withheld payables		7,902		8,036
Prismic Life Reinsurance, Ltd | Carrying Amount
Liabilities:
Reinsurance and funds withheld payables		$ 7,902		$ 8,036
[1] See Note 4 for details of balances associated with variable interest entities. See Note 20 for additional information regarding related party transactions.

Deferred Policy Acquisition C_3

Deferred Policy Acquisition Costs (Balance of and Changes in DAC) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, BOP			$ 20,856
Amortization expense	$ (367)	$ (361)	(1,117)	$ (1,092)
Balance, EOP	21,182	20,394	21,182	20,394
Total
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, BOP			20,628	20,400
Capitalization			1,826	1,633
Amortization expense			(1,128)	(1,098)
Other adjustments			(325)	(377)
Foreign currency adjustment			(115)	(357)
Balance, EOP	20,886	20,201	20,886	20,201
Other businesses
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, EOP	296	193	296	193
Individual Variable | Retirement Strategies
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, BOP			3,676	4,171
Capitalization			302	195
Amortization expense			(286)	(275)
Other adjustments			0	(393)
Foreign currency adjustment			0	0
Balance, EOP	3,692	3,698	3,692	3,698
Term Life Insurance | Individual Life
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, BOP			2,237	2,288
Capitalization			138	115
Amortization expense			(156)	(160)
Other adjustments			0	2
Foreign currency adjustment			0	0
Balance, EOP	2,219	2,245	2,219	2,245
Variable Universal Life | Individual Life
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, BOP			5,364	5,000
Capitalization			517	436
Amortization expense			(184)	(183)
Other adjustments			(280)	0
Foreign currency adjustment			0	0
Balance, EOP	5,417	5,253	5,417	5,253
Life Planner | International Businesses
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, BOP			4,909	4,710
Capitalization			428	443
Amortization expense			(255)	(244)
Other adjustments			(49)	14
Foreign currency adjustment			(93)	(199)
Balance, EOP	4,940	4,724	4,940	4,724
Gibraltar Life and Other | International Businesses
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, BOP			4,442	4,231
Capitalization			441	444
Amortization expense			(247)	(236)
Other adjustments			4	0
Foreign currency adjustment			(22)	(158)
Balance, EOP	$ 4,618	$ 4,281	$ 4,618	$ 4,281

Deferred Policy Acquisition C_4

Deferred Policy Acquisition Costs (Balance of and Changes in DSI) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Movement in Deferred Sales Inducements [Roll Forward]
Balance, EOP	$ 416	$ 453
Individual Retirement Strategies | Individual Variable
Movement in Deferred Sales Inducements [Roll Forward]
Balance, BOP	410	446
Capitalization	2	2
Amortization expense	(27)	(28)
Balance, EOP	385	420
Other businesses
Movement in Deferred Sales Inducements [Roll Forward]
Balance, EOP	$ 31	$ 33

Deferred Policy Acquisition C_5

Deferred Policy Acquisition Costs (Balance of and Changes in VOBA) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, BOP	$ 530
Balance, EOP	488
Gibraltar Life and Other
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, BOP	511	$ 597
Amortization expense	(31)	(37)
Foreign currency adjustment	(9)	(64)
Balance, EOP	471	496
Other businesses
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, EOP	17	18
Gibraltar Life and Other And Other Businesses
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, EOP	$ 488	$ 514

Deferred Policy Acquisition C_6

Deferred Policy Acquisition Costs (Estimated Future VOBA Amortization, Net of Interest) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Deferred Charges, Insurers [Abstract]
Estimated future VOBA amortization - 2024 (October-December)	$ 12
Estimated future VOBA amortization - 2025	43
Estimated future VOBA amortization - 2026	39
Estimated future VOBA amortization - 2027	36
Estimated future VOBA amortization - 2028	32
Estimated future VOBA amortization - Thereafter	326
Present Value of Future Insurance Profits, Net	$ 488	$ 530

Separate Accounts (Separate Acc

Separate Accounts (Separate Account Assets) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Separate Account Investment [Line Items]
Separate account assets	$ 200,550	$ 198,888
U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Separate Account Investment [Line Items]
Separate account assets	4,688	4,411
Obligations of U.S. states and their political subdivisions
Fair Value, Separate Account Investment [Line Items]
Separate account assets	2,215	2,116
Foreign government bonds
Fair Value, Separate Account Investment [Line Items]
Separate account assets	98	101
U.S. corporate securities
Fair Value, Separate Account Investment [Line Items]
Separate account assets	11,782	12,782
Foreign corporate securities
Fair Value, Separate Account Investment [Line Items]
Separate account assets	3,173	3,288
Asset-backed securities
Fair Value, Separate Account Investment [Line Items]
Separate account assets	1,258	1,211
Mortgage-backed securities
Fair Value, Separate Account Investment [Line Items]
Separate account assets	15,017	14,253
Equity
Fair Value, Separate Account Investment [Line Items]
Separate account assets	94,457	88,397
Fixed Income
Fair Value, Separate Account Investment [Line Items]
Separate account assets	34,531	37,065
Other
Fair Value, Separate Account Investment [Line Items]
Separate account assets	5,576	5,587
Equity securities
Fair Value, Separate Account Investment [Line Items]
Separate account assets	5,088	5,410
Commercial mortgage and other loans
Fair Value, Separate Account Investment [Line Items]
Separate account assets	62	67
Other invested assets
Fair Value, Separate Account Investment [Line Items]
Separate account assets	18,788	20,739
Short-term investments
Fair Value, Separate Account Investment [Line Items]
Separate account assets	1,194	1,202
Cash and cash equivalents
Fair Value, Separate Account Investment [Line Items]
Separate account assets	$ 2,623	$ 2,259

Separate Accounts (Separate A_2

Separate Accounts (Separate Account Liabilities) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Separate Account, Liability [Roll Forward]
Separate account liabilities	$ 200,550	$ 190,642	$ 198,888
Cash surrender value	199,533	189,023
Total
Separate Account, Liability [Roll Forward]
Separate account liabilities	204,109	193,575	202,033	$ 201,322
Deposits	16,614	7,069
Investment performance	18,471	6,623
Policy charges	(2,836)	(2,865)
Surrenders and withdrawals	(24,969)	(12,142)
Benefit payments	(3,670)	(3,557)
Net transfers (to) from general account	(617)	(1,771)
Other	(917)	(1,104)
Other businesses
Separate Account, Liability [Roll Forward]
Separate account liabilities	(3,559)	(2,933)
PGIM
Separate Account, Liability [Roll Forward]
Separate account liabilities	29,331	35,254	32,648	40,056
Deposits	13,071	4,301
Investment performance	(277)	(965)
Policy charges	(58)	(62)
Surrenders and withdrawals	(12,571)	(4,064)
Benefit payments	(2,645)	(2,604)
Net transfers (to) from general account	(74)	(459)
Other	(763)	(949)
Cash surrender value	29,331	35,254
Institutional Retirement Strategies | Retirement Strategies
Separate Account, Liability [Roll Forward]
Separate account liabilities	10,212	10,864	11,011	11,428
Deposits	128	209
Investment performance	474	79
Policy charges	(9)	(10)
Surrenders and withdrawals	(961)	(338)
Benefit payments	(401)	(415)
Net transfers (to) from general account	(66)	(60)
Other	36	(29)
Cash surrender value	10,212	10,864
Individual Retirement Strategies | Retirement Strategies
Separate Account, Liability [Roll Forward]
Separate account liabilities	92,611	89,036	94,130	93,395
Deposits	426	332
Investment performance	10,170	4,278
Policy charges	(1,690)	(1,755)
Surrenders and withdrawals	(10,315)	(7,142)
Benefit payments	(65)	(75)
Net transfers (to) from general account	(50)	(6)
Other	5	9
Cash surrender value	91,617	87,767
Group Insurance
Separate Account, Liability [Roll Forward]
Separate account liabilities	26,021	22,864	25,021	23,513
Deposits	400	44
Investment performance	1,675	3
Policy charges	(218)	(238)
Surrenders and withdrawals	(346)	(29)
Benefit payments	(238)	(219)
Net transfers (to) from general account	(29)	(2)
Other	(244)	(208)
Cash surrender value	25,919	22,750
Individual Life
Separate Account, Liability [Roll Forward]
Separate account liabilities	45,934	35,557	$ 39,223	$ 32,930
Deposits	2,589	2,183
Investment performance	6,429	3,228
Policy charges	(861)	(800)
Surrenders and withdrawals	(776)	(569)
Benefit payments	(321)	(244)
Net transfers (to) from general account	(398)	(1,244)
Other	49	73
Cash surrender value	$ 42,454	$ 32,388

Liability For Future Policy B_3

Liability For Future Policy Benefits (Benefit Reserves) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Total balance, EOP		$ 139,416	$ 118,705	$ 139,416	$ 118,705
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Other adjustments	[1]	(180)	49	13	(231)
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change		342,592	292,921	342,592	292,921
Total balance after reinsurance recoverable		196,647	168,416	196,647	168,416
Other Segments
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Total balance, EOP		94	83	94	83
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change		1,709	1,635	1,709	1,635
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance		62	69	62	69
Total balance after reinsurance recoverable		1,551	1,482	1,551	1,482
Total
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, BOP				141,398	126,474
Effect of cumulative changes in discount rate assumptions				13,331	17,704
Balance at original discount rate				154,729	144,178
Effect of assumption update						$ (1,077)	$ (949)
Effect of actual variances from expected experience and other activity						(1,286)	(960)
Adjusted balance, BOP				152,366	142,269
Issuances				22,945	12,043
Net premiums / considerations collected				(27,348)	(15,912)
Interest accrual				3,820	3,383
Foreign currency adjustment				3,227	(2,241)
Other adjustments				98	102
Balance at original discount rate		155,108	139,644	155,108	139,644
Effect of cumulative changes in discount rate assumptions		(15,786)	(21,022)	(15,786)	(21,022)
Total balance, EOP		139,322	118,622	139,322	118,622
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP				331,984	306,697
Effect of cumulative changes in discount rate assumptions				23,606	37,383
Balance at original discount rate, BOP				355,590	344,080
Effect of assumption update						(1,367)	(744)
Effect of actual variances from expected experience and other activity						(1,185)	(994)
Adjusted balance, BOP						353,038	342,342
Issuances				22,945	12,043
Interest accrual				9,345	8,576
Benefit payments				(18,336)	(16,092)
Foreign currency adjustment				2,113	(9,429)
Other adjustments				214	36
Balance at original discount rate, EOP		369,319	337,476	369,319	337,476
Effect of cumulative changes in discount rate assumptions		(28,436)	(46,190)	(28,436)	(46,190)
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change		340,883	291,286	340,883	291,286
Balance, EOP, pre-flooring		201,563	172,665	201,563	172,665
Flooring impact, EOP		121	60	121	60
Balance, EOP, post-flooring		201,684	172,725	201,684	172,725
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance		6,588	5,791	6,588	5,791
Total balance after reinsurance recoverable		195,096	166,934	195,096	166,934
Institutional | Retirement Strategies
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, BOP				71,407	52,620
Effect of cumulative changes in discount rate assumptions				11,869	14,349
Balance at original discount rate				83,276	66,969
Effect of assumption update						41	(1,117)
Effect of actual variances from expected experience and other activity						534	384
Adjusted balance, BOP				83,851	66,236
Issuances				19,730	8,453
Net premiums / considerations collected				(20,691)	(8,682)
Interest accrual				2,150	1,588
Foreign currency adjustment				3,993	950
Other adjustments				0	0
Balance at original discount rate		89,033	68,545	89,033	68,545
Effect of cumulative changes in discount rate assumptions		(14,283)	(16,742)	(14,283)	(16,742)
Total balance, EOP		74,750	51,803	74,750	51,803
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP				141,135	117,754
Effect of cumulative changes in discount rate assumptions				14,751	20,170
Balance at original discount rate, BOP				155,886	137,924
Effect of assumption update						(481)	(1,289)
Effect of actual variances from expected experience and other activity						638	377
Adjusted balance, BOP						156,043	137,012
Issuances				19,730	8,453
Interest accrual				4,633	3,720
Benefit payments				(9,743)	(8,550)
Foreign currency adjustment				4,046	981
Other adjustments				17	(138)
Balance at original discount rate, EOP		174,726	141,478	174,726	141,478
Effect of cumulative changes in discount rate assumptions		(16,145)	(24,887)	(16,145)	(24,887)
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change		158,581	116,591	158,581	116,591
Balance, EOP, pre-flooring		83,831	64,789	83,831	64,789
Flooring impact, EOP		82	0	82	0
Balance, EOP, post-flooring		83,913	64,789	83,913	64,789
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance		5,481	4,810	5,481	4,810
Total balance after reinsurance recoverable		78,432	59,979	78,432	59,979
Institutional | Retirement Strategies | Gross Basis
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Undiscounted expected future gross premiums		145,066	108,863	145,066	108,863
Discounted expected future gross premiums (at original discount rate)		96,557	75,372	96,557	75,372
Discounted expected future gross premiums (at current discount rate)		80,840	56,962	80,840	56,962
Undiscounted expected future benefits and expenses		$ 274,739	$ 217,931	$ 274,739	$ 217,931
Weighted-average duration of the liability in years (at original discount rate)		8 years	9 years	8 years	9 years
Weighted-average duration of the liability in years (at current discount rate)		8 years	8 years	8 years	8 years
Weighted-average interest rate (at original discount rate)		4.74%	4.57%	4.74%	4.57%
Weighted-average interest rate (at current discount rate)		4.96%	6.02%	4.96%	6.02%
Term Life | Individual Life
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, BOP				$ 11,274	$ 11,282
Effect of cumulative changes in discount rate assumptions				228	572
Balance at original discount rate				11,502	11,854
Effect of assumption update						21	(1)
Effect of actual variances from expected experience and other activity						(205)	(159)
Adjusted balance, BOP				11,318	11,694
Issuances				631	539
Net premiums / considerations collected				(1,039)	(1,060)
Interest accrual				397	404
Foreign currency adjustment				0	0
Other adjustments				3	(2)
Balance at original discount rate		$ 11,310	$ 11,575	11,310	11,575
Effect of cumulative changes in discount rate assumptions		(109)	(965)	(109)	(965)
Total balance, EOP		11,201	10,610	11,201	10,610
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP				19,852	19,288
Effect of cumulative changes in discount rate assumptions				334	1,012
Balance at original discount rate, BOP				20,186	20,300
Effect of assumption update						21	(1)
Effect of actual variances from expected experience and other activity						(240)	(194)
Adjusted balance, BOP						19,967	20,105
Issuances				631	539
Interest accrual				707	707
Benefit payments				(1,173)	(1,121)
Foreign currency adjustment				0	0
Other adjustments				(7)	(14)
Balance at original discount rate, EOP		20,125	20,216	20,125	20,216
Effect of cumulative changes in discount rate assumptions		(152)	(1,856)	(152)	(1,856)
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change		19,973	18,360	19,973	18,360
Balance, EOP, pre-flooring		8,773	7,750	8,773	7,750
Flooring impact, EOP		0	2	0	2
Balance, EOP, post-flooring		8,773	7,752	8,773	7,752
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance		719	696	719	696
Total balance after reinsurance recoverable		8,054	7,056	8,054	7,056
Term Life | Individual Life | Gross Basis
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Undiscounted expected future gross premiums		22,937	23,147	22,937	23,147
Discounted expected future gross premiums (at original discount rate)		15,183	15,381	15,183	15,381
Discounted expected future gross premiums (at current discount rate)		15,067	14,120	15,067	14,120
Undiscounted expected future benefits and expenses		$ 31,059	$ 31,164	$ 31,059	$ 31,164
Weighted-average duration of the liability in years (at original discount rate)		10 years	10 years	10 years	10 years
Weighted-average duration of the liability in years (at current discount rate)		9 years	9 years	9 years	9 years
Weighted-average interest rate (at original discount rate)		5.14%	5.17%	5.14%	5.17%
Weighted-average interest rate (at current discount rate)		4.91%	6.01%	4.91%	6.01%
Life Planner | International Businesses
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, BOP				$ 29,064	$ 30,689
Effect of cumulative changes in discount rate assumptions				596	1,354
Balance at original discount rate				29,660	32,043
Effect of assumption update						(328)	78
Effect of actual variances from expected experience and other activity						(1,030)	(814)
Adjusted balance, BOP				28,302	31,307
Issuances				1,732	1,793
Net premiums / considerations collected				(2,849)	(3,055)
Interest accrual				634	680
Foreign currency adjustment				(521)	(1,583)
Other adjustments				95	104
Balance at original discount rate		$ 27,393	$ 29,246	27,393	29,246
Effect of cumulative changes in discount rate assumptions		(749)	(1,571)	(749)	(1,571)
Total balance, EOP		26,644	27,675	26,644	27,675
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP				79,822	78,639
Effect of cumulative changes in discount rate assumptions				563	3,719
Balance at original discount rate, BOP				80,385	82,358
Effect of assumption update						(106)	145
Effect of actual variances from expected experience and other activity						(1,023)	(845)
Adjusted balance, BOP						79,256	81,658
Issuances				1,732	1,793
Interest accrual				1,921	1,977
Benefit payments				(3,450)	(2,729)
Foreign currency adjustment				(1,190)	(4,630)
Other adjustments				208	206
Balance at original discount rate, EOP		78,477	78,275	78,477	78,275
Effect of cumulative changes in discount rate assumptions		(2,888)	(5,296)	(2,888)	(5,296)
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change		75,589	72,979	75,589	72,979
Balance, EOP, pre-flooring		48,945	45,304	48,945	45,304
Flooring impact, EOP		26	27	26	27
Balance, EOP, post-flooring		48,971	45,331	48,971	45,331
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance		98	96	98	96
Total balance after reinsurance recoverable		48,873	45,235	48,873	45,235
Life Planner | International Businesses | Gross Basis
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Undiscounted expected future gross premiums		63,514	68,665	63,514	68,665
Discounted expected future gross premiums (at original discount rate)		49,274	53,078	49,274	53,078
Discounted expected future gross premiums (at current discount rate)		48,327	50,753	48,327	50,753
Undiscounted expected future benefits and expenses		$ 132,310	$ 137,378	$ 132,310	$ 137,378
Weighted-average duration of the liability in years (at original discount rate)		18 years	20 years	18 years	20 years
Weighted-average duration of the liability in years (at current discount rate)		17 years	19 years	17 years	19 years
Weighted-average interest rate (at original discount rate)		3.43%	3.46%	3.43%	3.46%
Weighted-average interest rate (at current discount rate)		3.36%	3.37%	3.36%	3.37%
Gibraltar Life and Other | International Businesses
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, BOP				$ 26,367	$ 28,951
Effect of cumulative changes in discount rate assumptions				622	1,326
Balance at original discount rate				26,989	30,277
Effect of assumption update						(535)	(175)
Effect of actual variances from expected experience and other activity						(732)	(516)
Adjusted balance, BOP				25,722	29,586
Issuances				852	1,258
Net premiums / considerations collected				(2,528)	(2,873)
Interest accrual				526	594
Foreign currency adjustment				(245)	(1,608)
Other adjustments				0	0
Balance at original discount rate		$ 24,327	$ 26,957	24,327	26,957
Effect of cumulative changes in discount rate assumptions		(651)	(1,495)	(651)	(1,495)
Total balance, EOP		23,676	25,462	23,676	25,462
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP				79,036	80,331
Effect of cumulative changes in discount rate assumptions				7,355	11,266
Balance at original discount rate, BOP				86,391	91,597
Effect of assumption update						(407)	44
Effect of actual variances from expected experience and other activity						(715)	(503)
Adjusted balance, BOP						85,269	91,138
Issuances				852	1,258
Interest accrual				1,630	1,729
Benefit payments				(3,730)	(3,496)
Foreign currency adjustment				(743)	(5,780)
Other adjustments				(4)	(18)
Balance at original discount rate, EOP		83,274	84,831	83,274	84,831
Effect of cumulative changes in discount rate assumptions		(8,684)	(11,846)	(8,684)	(11,846)
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change		74,590	72,985	74,590	72,985
Balance, EOP, pre-flooring		50,915	47,523	50,915	47,523
Flooring impact, EOP		13	31	13	31
Balance, EOP, post-flooring		50,928	47,554	50,928	47,554
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance		290	189	290	189
Total balance after reinsurance recoverable		50,638	47,365	50,638	47,365
Gibraltar Life and Other | International Businesses | Gross Basis
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Undiscounted expected future gross premiums		51,059	56,169	51,059	56,169
Discounted expected future gross premiums (at original discount rate)		41,069	45,102	41,069	45,102
Discounted expected future gross premiums (at current discount rate)		40,061	42,804	40,061	42,804
Undiscounted expected future benefits and expenses		$ 133,511	$ 139,536	$ 133,511	$ 139,536
Weighted-average duration of the liability in years (at original discount rate)		18 years	19 years	18 years	19 years
Weighted-average duration of the liability in years (at current discount rate)		16 years	17 years	16 years	17 years
Weighted-average interest rate (at original discount rate)		2.59%	2.59%	2.59%	2.59%
Weighted-average interest rate (at current discount rate)		3.25%	3.26%	3.25%	3.26%
Long- Term Care | Corporate and Other
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, BOP				$ 3,286	$ 2,932
Effect of cumulative changes in discount rate assumptions				16	103
Balance at original discount rate				3,302	3,035
Effect of assumption update						(276)	266
Effect of actual variances from expected experience and other activity						147	145
Adjusted balance, BOP				3,173	3,446
Issuances				0	0
Net premiums / considerations collected				(241)	(242)
Interest accrual				113	117
Foreign currency adjustment				0	0
Other adjustments				0	0
Balance at original discount rate		$ 3,045	$ 3,321	3,045	3,321
Effect of cumulative changes in discount rate assumptions		6	(249)	6	(249)
Total balance, EOP		3,051	3,072	3,051	3,072
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP				12,139	10,685
Effect of cumulative changes in discount rate assumptions				603	1,216
Balance at original discount rate, BOP				12,742	11,901
Effect of assumption update						(394)	357
Effect of actual variances from expected experience and other activity						155	171
Adjusted balance, BOP						$ 12,503	$ 12,429
Issuances				0	0
Interest accrual				454	443
Benefit payments				(240)	(196)
Foreign currency adjustment				0	0
Other adjustments				0	0
Balance at original discount rate, EOP		12,717	12,676	12,717	12,676
Effect of cumulative changes in discount rate assumptions		(567)	(2,305)	(567)	(2,305)
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change		12,150	10,371	12,150	10,371
Balance, EOP, pre-flooring		9,099	7,299	9,099	7,299
Flooring impact, EOP		0	0	0	0
Balance, EOP, post-flooring		9,099	7,299	9,099	7,299
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance		0	0	0	0
Total balance after reinsurance recoverable		9,099	7,299	9,099	7,299
Long- Term Care | Corporate and Other | Gross Basis
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Undiscounted expected future gross premiums		6,758	6,854	6,758	6,854
Discounted expected future gross premiums (at original discount rate)		4,488	4,496	4,488	4,496
Discounted expected future gross premiums (at current discount rate)		4,502	4,167	4,502	4,167
Undiscounted expected future benefits and expenses		$ 29,908	$ 30,897	$ 29,908	$ 30,897
Weighted-average duration of the liability in years (at original discount rate)		17 years	18 years	17 years	18 years
Weighted-average duration of the liability in years (at current discount rate)		16 years	17 years	16 years	17 years
Weighted-average interest rate (at original discount rate)		4.91%	4.91%	4.91%	4.91%
Weighted-average interest rate (at current discount rate)		5.24%	6.30%	5.24%	6.30%
[1] See Note 20 for additional information regarding related party transactions.

Liability For Future Policy B_4

Liability For Future Policy Benefits (Deferred Profit Liability) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Other adjustments	[1]	$ (180)	$ 49	$ 13	$ (231)
Total balance after reinsurance recoverable		196,647	168,416	196,647	168,416
Deferred profit liability
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Total balance after reinsurance recoverable		15,018	14,188	15,018	14,188
Retirement Strategies | Institutional
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Effect of assumption update						$ (481)	$ (1,289)
Effect of actual variances from expected experience and other activity						638	377
Adjusted balance, BOP						156,043	137,012
Interest accrual				4,633	3,720
Foreign currency adjustment				(4,046)	(981)
Other adjustments				17	(138)
Balance, EOP, pre-flooring		83,831	64,789	83,831	64,789
Flooring impact, EOP		82	0	82	0
Balance, EOP, post-flooring		83,913	64,789	83,913	64,789
Less: Reinsurance recoverables		5,481	4,810	5,481	4,810
Total balance after reinsurance recoverable		78,432	59,979	78,432	59,979
Retirement Strategies | Institutional | Deferred profit liability
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP, post-flooring				5,615	5,532
Flooring impact, BOP				0	0
Balance, BOP, pre-flooring				5,615	5,532
Effect of assumption update						370	35
Effect of actual variances from expected experience and other activity						(69)	4
Adjusted balance, BOP						5,916	5,571
Profits deferred				112	294
Interest accrual				177	170
Amortization				(441)	(424)
Foreign currency adjustment				14	(2)
Other adjustments				0	0
Balance, EOP, pre-flooring		5,778	5,613	5,778	5,613
Flooring impact, EOP		0	0	0	0
Balance, EOP, post-flooring		5,778	5,613	5,778	5,613
Less: Reinsurance recoverables		396	383	396	383
Total balance after reinsurance recoverable		5,382	5,230	5,382	5,230
International Businesses | Life Planner
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Effect of assumption update						(106)	145
Effect of actual variances from expected experience and other activity						(1,023)	(845)
Adjusted balance, BOP						79,256	81,658
Interest accrual				1,921	1,977
Foreign currency adjustment				1,190	4,630
Other adjustments				208	206
Balance, EOP, pre-flooring		48,945	45,304	48,945	45,304
Flooring impact, EOP		26	27	26	27
Balance, EOP, post-flooring		48,971	45,331	48,971	45,331
Less: Reinsurance recoverables		98	96	98	96
Total balance after reinsurance recoverable		48,873	45,235	48,873	45,235
International Businesses | Life Planner | Deferred profit liability
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP, post-flooring				3,956	3,379
Flooring impact, BOP				1	0
Balance, BOP, pre-flooring				3,955	3,379
Effect of assumption update						(150)	(67)
Effect of actual variances from expected experience and other activity						(20)	(4)
Adjusted balance, BOP						3,785	3,308
Profits deferred				1,164	1,271
Interest accrual				122	109
Amortization				(851)	(869)
Foreign currency adjustment				(76)	(128)
Other adjustments				22	24
Balance, EOP, pre-flooring		4,166	3,715	4,166	3,715
Flooring impact, EOP		1	0	1	0
Balance, EOP, post-flooring		4,167	3,715	4,167	3,715
Less: Reinsurance recoverables		10	8	10	8
Total balance after reinsurance recoverable		4,157	3,707	4,157	3,707
International Businesses | Gibraltar Life and Other
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Effect of assumption update						(407)	44
Effect of actual variances from expected experience and other activity						(715)	(503)
Adjusted balance, BOP						85,269	91,138
Interest accrual				1,630	1,729
Foreign currency adjustment				743	5,780
Other adjustments				(4)	(18)
Balance, EOP, pre-flooring		50,915	47,523	50,915	47,523
Flooring impact, EOP		13	31	13	31
Balance, EOP, post-flooring		50,928	47,554	50,928	47,554
Less: Reinsurance recoverables		290	189	290	189
Total balance after reinsurance recoverable		50,638	47,365	50,638	47,365
International Businesses | Gibraltar Life and Other | Deferred profit liability
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP, post-flooring				5,303	5,261
Flooring impact, BOP				1	1
Balance, BOP, pre-flooring				5,302	5,260
Effect of assumption update						(138)	(228)
Effect of actual variances from expected experience and other activity						(33)	(32)
Adjusted balance, BOP						5,131	5,000
Profits deferred				874	1,017
Interest accrual				116	114
Amortization				(737)	(765)
Foreign currency adjustment				(32)	(251)
Other adjustments				0	0
Balance, EOP, pre-flooring		5,352	5,115	5,352	5,115
Flooring impact, EOP		2	1	2	1
Balance, EOP, post-flooring		5,354	5,116	5,354	5,116
Less: Reinsurance recoverables		31	10	31	10
Total balance after reinsurance recoverable		5,323	5,106	5,323	5,106
Total
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Effect of assumption update						(1,367)	(744)
Effect of actual variances from expected experience and other activity						(1,185)	(994)
Adjusted balance, BOP						353,038	342,342
Interest accrual				9,345	8,576
Foreign currency adjustment				(2,113)	9,429
Other adjustments				214	36
Balance, EOP, pre-flooring		201,563	172,665	201,563	172,665
Flooring impact, EOP		121	60	121	60
Balance, EOP, post-flooring		201,684	172,725	201,684	172,725
Less: Reinsurance recoverables		6,588	5,791	6,588	5,791
Total balance after reinsurance recoverable		195,096	166,934	195,096	166,934
Total | Deferred profit liability
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, BOP, post-flooring				14,874	14,172
Flooring impact, BOP				2	1
Balance, BOP, pre-flooring				14,872	14,171
Effect of assumption update						82	(260)
Effect of actual variances from expected experience and other activity						(122)	(32)
Adjusted balance, BOP						$ 14,832	$ 13,879
Profits deferred				2,150	2,582
Interest accrual				415	393
Amortization				(2,029)	(2,058)
Foreign currency adjustment				(94)	(377)
Other adjustments				22	24
Balance, EOP, pre-flooring		15,296	14,443	15,296	14,443
Flooring impact, EOP		3	1	3	1
Balance, EOP, post-flooring		15,299	14,444	15,299	14,444
Less: Reinsurance recoverables		437	401	437	401
Total balance after reinsurance recoverable		14,862	14,043	14,862	14,043
Other Segments
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Less: Reinsurance recoverables		62	69	62	69
Total balance after reinsurance recoverable		1,551	1,482	1,551	1,482
Other Segments | Deferred profit liability
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Total balance after reinsurance recoverable		$ 156	$ 145	$ 156	$ 145
[1] See Note 20 for additional information regarding related party transactions.

Liability For Future Policy B_5

Liability For Future Policy Benefits (Additional Insurance Reserves) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Additional Liability, Long-Duration Insurance [Line Items]
Balance, including amounts in AOCI, EOP, post-flooring	$ 16,338	$ 13,340
Weighted-average duration of the liability in years (at original discount rate)	22 years	22 years
Weighted-average interest rate (at original discount rate)	3.40%	3.36%
Individual Life
Additional Liability, Long-Duration Insurance [Line Items]
Total balance after reinsurance recoverables	$ 8,051	$ 8,054
Other Segments | Individual Life
Additional Liability, Long-Duration Insurance [Line Items]
Total balance after reinsurance recoverables	75	123
Total | Individual Life
Additional Liability, Long-Duration Insurance [Line Items]
Balance, including amounts in AOCI, BOP, post-flooring	14,308	12,684
Flooring impact and amounts in AOCI	843	1,285
Balance, excluding amounts in AOCI, BOP, pre-flooring	15,151	13,969
Effect of assumption updates			$ 153	$ 23
Effect of actual variances from expected experience and other activity			315	(13)
Adjusted balance, BOP			$ 15,619	$ 13,979
Assessment Collected	852	836
Interest accrual	399	362
Benefits paid	(268)	(223)
Other adjustments	13	0
Balance, excluding amounts in AOCI, EOP, pre-flooring	16,615	14,954
Flooring impact and amounts in AOCI	(352)	(1,737)
Balance, including amounts in AOCI, EOP, post-flooring	16,263	13,217
Less: Reinsurance recoverables	8,287	5,286
Total balance after reinsurance recoverables	$ 7,976	$ 7,931

Liability For Future Policy B_6

Liability For Future Policy Benefits (Future Policy Benefits) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Insurance [Abstract]
Benefit reserves, EOP, post-flooring	$ 203,297		$ 174,276
Deferred Profit Liability EOP, post-flooring	15,455		14,589
Additional insurance reserves, including amounts in AOCI, EOP, post-flooring	16,338		13,340
Subtotal of amounts disclosed above	235,090		202,205
Other Future Policy Benefits reserves	50,384		51,346
Total Future Policy Benefits	$ 285,474	$ 273,281	$ 253,551

Liability For Future Policy B_7

Liability For Future Policy Benefits (Revenue and Interest Expense) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Benefit reserves | Retirement Strategies | Institutional
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	$ 21,128	$ 9,310
Interest expense	2,483	2,132
Benefit reserves | Individual Life | Term Life
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	1,384	1,384
Interest expense	310	303
Benefit reserves | Individual Life | Variable Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	0	0
Interest expense	0	0
Benefit reserves | International Businesses | Life Planner
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	4,359	4,849
Interest expense	1,287	1,297
Benefit reserves | International Businesses | Gibraltar Life and Other
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	4,163	4,741
Interest expense	1,105	1,135
Benefit reserves | Other Segments
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	419	415
Interest expense	379	366
Benefit reserves | Total
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	31,453	20,699
Interest expense	5,564	5,233
Deferred profit liability | Retirement Strategies | Institutional
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	(149)	(79)
Interest expense	177	170
Deferred profit liability | Individual Life | Term Life
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	0	0
Interest expense	0	0
Deferred profit liability | Individual Life | Variable Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	0	0
Interest expense	0	0
Deferred profit liability | International Businesses | Life Planner
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	(287)	(464)
Interest expense	122	109
Deferred profit liability | International Businesses | Gibraltar Life and Other
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	(82)	(105)
Interest expense	116	114
Deferred profit liability | Other Segments
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	(7)	37
Interest expense	3	3
Deferred profit liability | Total
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	(525)	(611)
Interest expense	418	396
Additional insurance reserves | Retirement Strategies | Institutional
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	0	0
Interest expense	0	0
Additional insurance reserves | Individual Life | Term Life
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	0	0
Interest expense	0	0
Additional insurance reserves | Individual Life | Variable Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	2,455	2,357
Interest expense	399	362
Additional insurance reserves | International Businesses | Life Planner
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	0	0
Interest expense	1	1
Additional insurance reserves | International Businesses | Gibraltar Life and Other
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	0	0
Interest expense	0	0
Additional insurance reserves | Other Segments
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	0	0
Interest expense	0	0
Additional insurance reserves | Total
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	2,455	2,357
Interest expense	400	363
Revenues | Retirement Strategies | Institutional
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	20,979	9,231
Revenues | Individual Life | Term Life
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	1,384	1,384
Revenues | Individual Life | Variable Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	2,455	2,357
Revenues | International Businesses | Life Planner
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	4,072	4,385
Revenues | International Businesses | Gibraltar Life and Other
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	4,081	4,636
Revenues | Other Segments
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	412	452
Revenues | Total
Liability for Future Policy Benefit, Activity [Line Items]
Revenue	33,383	22,445
Interest Expense | Retirement Strategies | Institutional
Liability for Future Policy Benefit, Activity [Line Items]
Interest expense	2,660	2,302
Interest Expense | Individual Life | Term Life
Liability for Future Policy Benefit, Activity [Line Items]
Interest expense	310	303
Interest Expense | Individual Life | Variable Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Interest expense	399	362
Interest Expense | International Businesses | Life Planner
Liability for Future Policy Benefit, Activity [Line Items]
Interest expense	1,410	1,407
Interest Expense | International Businesses | Gibraltar Life and Other
Liability for Future Policy Benefit, Activity [Line Items]
Interest expense	1,221	1,249
Interest Expense | Other Segments
Liability for Future Policy Benefit, Activity [Line Items]
Interest expense	382	369
Interest Expense | Total
Liability for Future Policy Benefit, Activity [Line Items]
Interest expense	$ 6,382	$ 5,992

Policyholders' Account Balanc_3

Policyholders' Account Balances (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Additional Liability, Long-Duration Insurance [Roll Forward]
Interest credited to policyholders’ account balances	$ 863,000,000	$ 872,000,000	$ 3,248,000,000	$ 3,002,000,000
Total Policyholders' account balance	164,088,000,000	140,788,000,000	164,088,000,000	140,788,000,000
Closed Block Division	4,391,000,000	4,528,000,000	4,391,000,000	4,528,000,000	$ 4,500,000,000
Unearned revenue reserve, unearned expense credit, and additional interest reserve	5,849,000,000	5,109,000,000	5,849,000,000	5,109,000,000
Other	$ 4,117,000,000	$ 4,504,000,000	$ 4,117,000,000	$ 4,504,000,000
Weighted-average crediting rate	2.82%	2.87%	2.82%	2.87%
Net amount at risk	$ 494,322,000,000	$ 475,125,000,000	$ 494,322,000,000	$ 475,125,000,000
Cash Surrender Value	137,049,000,000	110,440,000,000	137,049,000,000	110,440,000,000
Institutional Retirement Strategies
Additional Liability, Long-Duration Insurance [Roll Forward]
Policyholder Account Balance, Surrender				0
Total
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance, BOP			132,729,000,000	118,377,000,000
Deposits			25,555,000,000	18,188,000,000
Interest credited to policyholders’ account balances			2,987,000,000	2,639,000,000
Acquisitions and Dispositions			0	0
Policy charges			(2,256,000,000)	(2,190,000,000)
Surrenders and withdrawals			(9,181,000,000)	(8,774,000,000)
Benefit payments			(2,498,000,000)	(1,900,000,000)
Net transfers (to) from separate account			533,000,000	1,306,000,000
Change in market value and other adjustments			2,066,000,000	1,363,000,000
Foreign currency adjustment			(204,000,000)	(2,362,000,000)
Balance, EOP	149,731,000,000	126,647,000,000	149,731,000,000	126,647,000,000
Institutional
Additional Liability, Long-Duration Insurance [Roll Forward]
Total Policyholders' account balance	9,950,000,000	9,964,000,000	9,950,000,000	9,964,000,000
Institutional | Retirement Strategies
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance, BOP			17,738,000,000	17,376,000,000
Deposits			5,824,000,000	4,407,000,000
Interest credited to policyholders’ account balances			555,000,000	509,000,000
Acquisitions and Dispositions			0	0
Policy charges			(9,000,000)	(16,000,000)
Surrenders and withdrawals			(4,123,000,000)	(4,332,000,000)
Benefit payments			(461,000,000)	0
Net transfers (to) from separate account			0	0
Change in market value and other adjustments			7,000,000	0
Foreign currency adjustment			0	0
Balance, EOP	$ 19,531,000,000	$ 17,944,000,000	$ 19,531,000,000	$ 17,944,000,000
Weighted-average crediting rate	3.97%	3.85%	3.97%	3.85%
Net amount at risk	$ 0	$ 0	$ 0	$ 0
Cash Surrender Value	19,531,000,000	17,944,000,000	19,531,000,000	17,944,000,000
Individual Variable
Additional Liability, Long-Duration Insurance [Roll Forward]
Total Policyholders' account balance	3,655,000,000	4,211,000,000	3,655,000,000	4,211,000,000
Individual Variable | Retirement Strategies
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance, BOP			23,765,000,000	17,524,000,000
Deposits			5,902,000,000	3,444,000,000
Interest credited to policyholders’ account balances			359,000,000	219,000,000
Acquisitions and Dispositions			0	0
Policy charges			(22,000,000)	(17,000,000)
Surrenders and withdrawals			(663,000,000)	(492,000,000)
Benefit payments			(60,000,000)	(58,000,000)
Net transfers (to) from separate account			61,000,000	22,000,000
Change in market value and other adjustments			2,040,000,000	1,192,000,000
Foreign currency adjustment			0	0
Balance, EOP	$ 31,382,000,000	$ 21,834,000,000	$ 31,382,000,000	$ 21,834,000,000
Weighted-average crediting rate	1.73%	1.48%	1.73%	1.48%
Net amount at risk	$ 0	$ 0	$ 0	$ 0
Cash Surrender Value	30,049,000,000	19,184,000,000	30,049,000,000	19,184,000,000
Individual Fixed
Additional Liability, Long-Duration Insurance [Roll Forward]
Total Policyholders' account balance	5,168,000,000	2,806,000,000	5,168,000,000	2,806,000,000
Individual Fixed | Retirement Strategies
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance, BOP			7,095,000,000	4,643,000,000
Deposits			4,188,000,000	1,839,000,000
Interest credited to policyholders’ account balances			174,000,000	96,000,000
Acquisitions and Dispositions			0	0
Policy charges			(4,000,000)	(6,000,000)
Surrenders and withdrawals			(537,000,000)	(298,000,000)
Benefit payments			(62,000,000)	(58,000,000)
Net transfers (to) from separate account			0	0
Change in market value and other adjustments			218,000,000	82,000,000
Foreign currency adjustment			0	0
Balance, EOP	$ 11,072,000,000	$ 6,298,000,000	$ 11,072,000,000	$ 6,298,000,000
Weighted-average crediting rate	2.57%	2.33%	2.57%	2.33%
Net amount at risk	$ 0	$ 0	$ 0	$ 0
Cash Surrender Value	9,528,000,000	5,038,000,000	9,528,000,000	5,038,000,000
Life/Disability | Group Insurance
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance, BOP			5,293,000,000	5,839,000,000
Deposits			871,000,000	811,000,000
Interest credited to policyholders’ account balances			110,000,000	124,000,000
Acquisitions and Dispositions			0	0
Policy charges			(248,000,000)	(247,000,000)
Surrenders and withdrawals			(1,123,000,000)	(1,217,000,000)
Benefit payments			0	0
Net transfers (to) from separate account			29,000,000	2,000,000
Change in market value and other adjustments			0	0
Foreign currency adjustment			0	0
Balance, EOP	$ 4,932,000,000	$ 5,312,000,000	$ 4,932,000,000	$ 5,312,000,000
Weighted-average crediting rate	2.86%	2.97%	2.86%	2.97%
Net amount at risk	$ 73,883,000,000	$ 73,260,000,000	$ 73,883,000,000	$ 73,260,000,000
Cash Surrender Value	3,842,000,000	3,966,000,000	3,842,000,000	3,966,000,000
Variable Universal Life
Additional Liability, Long-Duration Insurance [Roll Forward]
Total Policyholders' account balance	23,799,000,000	24,270,000,000	23,799,000,000	24,270,000,000
Variable Universal Life | Individual Life
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance, BOP			27,439,000,000	26,502,000,000
Deposits			1,837,000,000	1,773,000,000
Interest credited to policyholders’ account balances			577,000,000	583,000,000
Acquisitions and Dispositions			0	0
Policy charges			(1,537,000,000)	(1,536,000,000)
Surrenders and withdrawals			(1,264,000,000)	(1,267,000,000)
Benefit payments			(98,000,000)	(119,000,000)
Net transfers (to) from separate account			443,000,000	1,282,000,000
Change in market value and other adjustments			159,000,000	75,000,000
Foreign currency adjustment			0	0
Balance, EOP	$ 27,556,000,000	$ 27,293,000,000	$ 27,556,000,000	$ 27,293,000,000
Weighted-average crediting rate	2.80%	2.89%	2.80%	2.89%
Net amount at risk	$ 392,501,000,000	$ 378,191,000,000	$ 392,501,000,000	$ 378,191,000,000
Cash Surrender Value	23,692,000,000	23,101,000,000	23,692,000,000	23,101,000,000
Life Planner
Additional Liability, Long-Duration Insurance [Roll Forward]
Total Policyholders' account balance	9,057,000,000	7,460,000,000	9,057,000,000	7,460,000,000
Life Planner | International Businesses
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance, BOP			12,949,000,000	11,168,000,000
Deposits			1,540,000,000	1,640,000,000
Interest credited to policyholders’ account balances			528,000,000	577,000,000
Acquisitions and Dispositions			0	0
Policy charges			(246,000,000)	(222,000,000)
Surrenders and withdrawals			(241,000,000)	(153,000,000)
Benefit payments			(199,000,000)	(203,000,000)
Net transfers (to) from separate account			0	0
Change in market value and other adjustments			(347,000,000)	21,000,000
Foreign currency adjustment			(103,000,000)	(1,071,000,000)
Balance, EOP	$ 13,881,000,000	$ 11,757,000,000	$ 13,881,000,000	$ 11,757,000,000
Weighted-average crediting rate	5.25%	6.72%	5.25%	6.72%
Net amount at risk	$ 21,532,000,000	$ 17,400,000,000	$ 21,532,000,000	$ 17,400,000,000
Cash Surrender Value	12,638,000,000	10,063,000,000	12,638,000,000	10,063,000,000
Gibraltar Life and Other
Additional Liability, Long-Duration Insurance [Roll Forward]
Total Policyholders' account balance	41,246,000,000	36,054,000,000	41,246,000,000	36,054,000,000
Gibraltar Life and Other | International Businesses
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance, BOP			38,450,000,000	35,325,000,000
Deposits			5,393,000,000	4,274,000,000
Interest credited to policyholders’ account balances			684,000,000	531,000,000
Acquisitions and Dispositions			0	0
Policy charges			(190,000,000)	(146,000,000)
Surrenders and withdrawals			(1,230,000,000)	(1,015,000,000)
Benefit payments			(1,618,000,000)	(1,462,000,000)
Net transfers (to) from separate account			0	0
Change in market value and other adjustments			(11,000,000)	(7,000,000)
Foreign currency adjustment			(101,000,000)	(1,291,000,000)
Balance, EOP	$ 41,377,000,000	$ 36,209,000,000	$ 41,377,000,000	$ 36,209,000,000
Weighted-average crediting rate	2.29%	1.98%	2.29%	1.98%
Net amount at risk	$ 6,406,000,000	$ 6,274,000,000	$ 6,406,000,000	$ 6,274,000,000
Cash Surrender Value	37,769,000,000	31,144,000,000	37,769,000,000	31,144,000,000
Full Service | Corporate and Other
Additional Liability, Long-Duration Insurance [Roll Forward]
Reinsurance and other recoverable	$ 5,207,000,000	$ 5,621,000,000	$ 5,207,000,000	$ 5,621,000,000

Policyholders' Account Balanc_4

Policyholders' Account Balances - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Policyholder Account Balance [Line Items]
Policyholders’ account balances	$ 164,088	$ 140,788
FANIP | Medium-term Notes
Policyholder Account Balance [Line Items]
Capacity	15,000
Debt Instrument, Face Amount	$ 3,969	3,465
FANIP | Medium-term Notes | Minimum
Policyholder Account Balance [Line Items]
Interest rate	0%
Maturities	2 months
FANIP | Medium-term Notes | Maximum
Policyholder Account Balance [Line Items]
Maturities	7 years
FANIP | Commercial paper
Policyholder Account Balance [Line Items]
Capacity	$ 6,000
Debt Instrument, Face Amount	$ 2,127	2,389
FANIP | Commercial paper | Minimum
Policyholder Account Balance [Line Items]
Interest rate	0%
Maturities	2 months
FANIP | Commercial paper | Maximum
Policyholder Account Balance [Line Items]
Interest rate	5.60%
Maturities	7 years
FHLBNY | Secured Debt
Policyholder Account Balance [Line Items]
Maturities	7 years
Debt Instrument, Face Amount	$ 2,628	2,628
FHLBNY | Secured Debt | Minimum
Policyholder Account Balance [Line Items]
Interest rate	1.925%
FHLBNY | Secured Debt | Maximum
Policyholder Account Balance [Line Items]
Interest rate	4.51%
Institutional Retirement Strategies And Life Planner
Policyholder Account Balance [Line Items]
Policyholders’ account balances	$ 6,061	$ 5,811

Policyholders' Account Balanc_5

Policyholders' Account Balances (Guaranteed Minimum Crediting Rate) (Details) $ in Millions	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 164,088	$ 140,788
1 - 50 bps above guaranteed minimum | Minimum
Policyholder Account Balance [Line Items]
Policyholder account balance above guaranteed minimum crediting rate	1	1
1 - 50 bps above guaranteed minimum | Maximum
Policyholder Account Balance [Line Items]
Policyholder account balance above guaranteed minimum crediting rate	50	50
51 - 150 bps above guaranteed minimum | Minimum
Policyholder Account Balance [Line Items]
Policyholder account balance above guaranteed minimum crediting rate	51	51
51 - 150 bps above guaranteed minimum | Maximum
Policyholder Account Balance [Line Items]
Policyholder account balance above guaranteed minimum crediting rate	150	150
Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Policyholder account balance above guaranteed minimum crediting rate	150	150
Institutional
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 9,950	$ 9,964
Institutional | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	9,950	9,964
Institutional | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Institutional | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Institutional | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Individual Variable
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	3,655	4,211
Individual Variable | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	2,351	3,343
Individual Variable | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	842	836
Individual Variable | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	462	32
Individual Variable | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Individual Fixed
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	5,168	2,806
Individual Fixed | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	2,669	1,519
Individual Fixed | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	631	607
Individual Fixed | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	806	566
Individual Fixed | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	1,062	114
Group Insurance
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	2,570	2,888
Group Insurance | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	1,541	1,667
Group Insurance | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Group Insurance | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Group Insurance | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	1,029	1,221
Variable Universal Life
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	23,799	24,270
Variable Universal Life | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	9,943	10,225
Variable Universal Life | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	5,316	5,607
Variable Universal Life | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	5,870	6,783
Variable Universal Life | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	2,670	1,655
Life Planner
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	9,057	7,460
Life Planner | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	6,094	5,863
Life Planner | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	72	67
Life Planner | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	82	90
Life Planner | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	2,809	1,440
Gibraltar Life and Other
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	41,246	36,054
Gibraltar Life and Other | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	40,861	35,706
Gibraltar Life and Other | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	354	310
Gibraltar Life and Other | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	31	38
Gibraltar Life and Other | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Less than 1.00% | Institutional
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
Account Values with Crediting Rates	$ 400	$ 400
Less than 1.00% | Institutional | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	400	400
Less than 1.00% | Institutional | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Institutional | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Institutional | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Less than 1.00% | Individual Variable
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
Account Values with Crediting Rates	$ 1,393	$ 1,783
Less than 1.00% | Individual Variable | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	324	944
Less than 1.00% | Individual Variable | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	622	821
Less than 1.00% | Individual Variable | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	447	18
Less than 1.00% | Individual Variable | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Less than 1.00% | Individual Fixed
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
Account Values with Crediting Rates	$ 980	$ 20
Less than 1.00% | Individual Fixed | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Individual Fixed | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	3	0
Less than 1.00% | Individual Fixed | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	10	0
Less than 1.00% | Individual Fixed | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 967	$ 20
Less than 1.00% | Group Insurance
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
Account Values with Crediting Rates	$ 966	$ 1,221
Less than 1.00% | Group Insurance | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Group Insurance | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Group Insurance | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Group Insurance | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 966	$ 1,221
Less than 1.00% | Variable Universal Life
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
Account Values with Crediting Rates	$ 309	$ 408
Less than 1.00% | Variable Universal Life | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Variable Universal Life | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Variable Universal Life | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Variable Universal Life | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 309	$ 408
Less than 1.00% | Life Planner
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
Account Values with Crediting Rates	$ 3,249	$ 1,892
Less than 1.00% | Life Planner | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	315	320
Less than 1.00% | Life Planner | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	43	42
Less than 1.00% | Life Planner | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	82	90
Less than 1.00% | Life Planner | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 2,809	$ 1,440
Less than 1.00% | Gibraltar Life and Other
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
Account Values with Crediting Rates	$ 15,688	$ 15,671
Less than 1.00% | Gibraltar Life and Other | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	15,688	15,671
Less than 1.00% | Gibraltar Life and Other | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Gibraltar Life and Other | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Less than 1.00% | Gibraltar Life and Other | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Institutional
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 1,551	$ 1,551
1.00% - 1.99% | Institutional | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
1.00% - 1.99% | Institutional | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1.99%	1.99%
1.00% - 1.99% | Institutional | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 1,551	$ 1,551
1.00% - 1.99% | Institutional | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Institutional | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Institutional | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Individual Variable
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 370	$ 227
1.00% - 1.99% | Individual Variable | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
1.00% - 1.99% | Individual Variable | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1.99%	1.99%
1.00% - 1.99% | Individual Variable | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 156	$ 224
1.00% - 1.99% | Individual Variable | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	211	2
1.00% - 1.99% | Individual Variable | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	3	1
1.00% - 1.99% | Individual Variable | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Individual Fixed
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 857	$ 1,001
1.00% - 1.99% | Individual Fixed | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
1.00% - 1.99% | Individual Fixed | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1.99%	1.99%
1.00% - 1.99% | Individual Fixed | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 474	$ 544
1.00% - 1.99% | Individual Fixed | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	82	129
1.00% - 1.99% | Individual Fixed | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	226	246
1.00% - 1.99% | Individual Fixed | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	75	82
1.00% - 1.99% | Group Insurance
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
1.00% - 1.99% | Group Insurance | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
1.00% - 1.99% | Group Insurance | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1.99%	1.99%
1.00% - 1.99% | Group Insurance | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
1.00% - 1.99% | Group Insurance | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Group Insurance | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Group Insurance | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Variable Universal Life
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 3,829	$ 3,597
1.00% - 1.99% | Variable Universal Life | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
1.00% - 1.99% | Variable Universal Life | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1.99%	1.99%
1.00% - 1.99% | Variable Universal Life | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 262	$ 185
1.00% - 1.99% | Variable Universal Life | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Variable Universal Life | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	1,692	2,528
1.00% - 1.99% | Variable Universal Life | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	1,875	884
1.00% - 1.99% | Life Planner
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 2,933	$ 2,840
1.00% - 1.99% | Life Planner | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
1.00% - 1.99% | Life Planner | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1.99%	1.99%
1.00% - 1.99% | Life Planner | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 2,904	$ 2,815
1.00% - 1.99% | Life Planner | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	29	25
1.00% - 1.99% | Life Planner | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Life Planner | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Gibraltar Life and Other
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 8,479	$ 8,864
1.00% - 1.99% | Gibraltar Life and Other | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1%	1%
1.00% - 1.99% | Gibraltar Life and Other | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	1.99%	1.99%
1.00% - 1.99% | Gibraltar Life and Other | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 8,425	$ 8,864
1.00% - 1.99% | Gibraltar Life and Other | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	54	0
1.00% - 1.99% | Gibraltar Life and Other | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
1.00% - 1.99% | Gibraltar Life and Other | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Institutional
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 83	$ 551
2.00% - 2.99% | Institutional | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2%	2%
2.00% - 2.99% | Institutional | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2.99%	2.99%
2.00% - 2.99% | Institutional | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 83	$ 551
2.00% - 2.99% | Institutional | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Institutional | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Institutional | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Individual Variable
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 31	$ 40
2.00% - 2.99% | Individual Variable | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2%	2%
2.00% - 2.99% | Individual Variable | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2.99%	2.99%
2.00% - 2.99% | Individual Variable | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 23	$ 32
2.00% - 2.99% | Individual Variable | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	4	5
2.00% - 2.99% | Individual Variable | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	4	3
2.00% - 2.99% | Individual Variable | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Individual Fixed
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 1,585	$ 1,336
2.00% - 2.99% | Individual Fixed | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2%	2%
2.00% - 2.99% | Individual Fixed | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2.99%	2.99%
2.00% - 2.99% | Individual Fixed | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 545	$ 535
2.00% - 2.99% | Individual Fixed | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	463	469
2.00% - 2.99% | Individual Fixed | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	560	320
2.00% - 2.99% | Individual Fixed | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	17	12
2.00% - 2.99% | Group Insurance
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 41	$ 29
2.00% - 2.99% | Group Insurance | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2%	2%
2.00% - 2.99% | Group Insurance | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2.99%	2.99%
2.00% - 2.99% | Group Insurance | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 41	$ 29
2.00% - 2.99% | Group Insurance | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Group Insurance | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Group Insurance | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Variable Universal Life
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 4,823	$ 4,736
2.00% - 2.99% | Variable Universal Life | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2%	2%
2.00% - 2.99% | Variable Universal Life | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2.99%	2.99%
2.00% - 2.99% | Variable Universal Life | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 31	$ 29
2.00% - 2.99% | Variable Universal Life | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	1,505	1,418
2.00% - 2.99% | Variable Universal Life | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	2,834	2,940
2.00% - 2.99% | Variable Universal Life | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	453	349
2.00% - 2.99% | Life Planner
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 2,085	$ 2,013
2.00% - 2.99% | Life Planner | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2%	2%
2.00% - 2.99% | Life Planner | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2.99%	2.99%
2.00% - 2.99% | Life Planner | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 2,085	$ 2,013
2.00% - 2.99% | Life Planner | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Life Planner | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Life Planner | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
2.00% - 2.99% | Gibraltar Life and Other
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 3,116	$ 3,501
2.00% - 2.99% | Gibraltar Life and Other | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2%	2%
2.00% - 2.99% | Gibraltar Life and Other | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	2.99%	2.99%
2.00% - 2.99% | Gibraltar Life and Other | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 2,785	$ 3,153
2.00% - 2.99% | Gibraltar Life and Other | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	300	310
2.00% - 2.99% | Gibraltar Life and Other | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	31	38
2.00% - 2.99% | Gibraltar Life and Other | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Institutional
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 4,715	$ 5,312
3.00% - 4.00% | Institutional | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	3%	3%
3.00% - 4.00% | Institutional | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
3.00% - 4.00% | Institutional | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 4,715	$ 5,312
3.00% - 4.00% | Institutional | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Institutional | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Institutional | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Individual Variable
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 1,776	$ 2,064
3.00% - 4.00% | Individual Variable | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	3%	3%
3.00% - 4.00% | Individual Variable | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
3.00% - 4.00% | Individual Variable | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 1,763	$ 2,046
3.00% - 4.00% | Individual Variable | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	5	8
3.00% - 4.00% | Individual Variable | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	8	10
3.00% - 4.00% | Individual Variable | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Individual Fixed
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 1,661	$ 352
3.00% - 4.00% | Individual Fixed | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	3%	3%
3.00% - 4.00% | Individual Fixed | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
3.00% - 4.00% | Individual Fixed | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 1,565	$ 343
3.00% - 4.00% | Individual Fixed | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	83	9
3.00% - 4.00% | Individual Fixed | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	10	0
3.00% - 4.00% | Individual Fixed | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	3	0
3.00% - 4.00% | Group Insurance
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 1,495	$ 1,565
3.00% - 4.00% | Group Insurance | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	3%	3%
3.00% - 4.00% | Group Insurance | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
3.00% - 4.00% | Group Insurance | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 1,432	$ 1,565
3.00% - 4.00% | Group Insurance | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Group Insurance | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Group Insurance | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	63	0
3.00% - 4.00% | Variable Universal Life
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 9,432	$ 9,996
3.00% - 4.00% | Variable Universal Life | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	3%	3%
3.00% - 4.00% | Variable Universal Life | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
3.00% - 4.00% | Variable Universal Life | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 4,244	$ 4,478
3.00% - 4.00% | Variable Universal Life | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	3,811	4,189
3.00% - 4.00% | Variable Universal Life | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	1,344	1,315
3.00% - 4.00% | Variable Universal Life | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	33	14
3.00% - 4.00% | Life Planner
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 380	$ 335
3.00% - 4.00% | Life Planner | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	3%	3%
3.00% - 4.00% | Life Planner | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
3.00% - 4.00% | Life Planner | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 380	$ 335
3.00% - 4.00% | Life Planner | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Life Planner | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Life Planner | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Gibraltar Life and Other
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 5,962	$ 4,145
3.00% - 4.00% | Gibraltar Life and Other | Minimum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	3%	3%
3.00% - 4.00% | Gibraltar Life and Other | Maximum
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
3.00% - 4.00% | Gibraltar Life and Other | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 5,962	$ 4,145
3.00% - 4.00% | Gibraltar Life and Other | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Gibraltar Life and Other | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
3.00% - 4.00% | Gibraltar Life and Other | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Greater than 4.00% | Institutional
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
Account Values with Crediting Rates	$ 3,201	$ 2,150
Greater than 4.00% | Institutional | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	3,201	2,150
Greater than 4.00% | Institutional | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Institutional | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Institutional | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Greater than 4.00% | Individual Variable
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
Account Values with Crediting Rates	$ 85	$ 97
Greater than 4.00% | Individual Variable | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	85	97
Greater than 4.00% | Individual Variable | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Individual Variable | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Individual Variable | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Greater than 4.00% | Individual Fixed
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
Account Values with Crediting Rates	$ 85	$ 97
Greater than 4.00% | Individual Fixed | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	85	97
Greater than 4.00% | Individual Fixed | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Individual Fixed | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Individual Fixed | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Greater than 4.00% | Group Insurance
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
Account Values with Crediting Rates	$ 68	$ 73
Greater than 4.00% | Group Insurance | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	68	73
Greater than 4.00% | Group Insurance | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Group Insurance | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Group Insurance | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Greater than 4.00% | Variable Universal Life
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
Account Values with Crediting Rates	$ 5,406	$ 5,533
Greater than 4.00% | Variable Universal Life | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	5,406	5,533
Greater than 4.00% | Variable Universal Life | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Variable Universal Life | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Variable Universal Life | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Greater than 4.00% | Life Planner
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
Account Values with Crediting Rates	$ 410	$ 380
Greater than 4.00% | Life Planner | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	410	380
Greater than 4.00% | Life Planner | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Life Planner | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Life Planner | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0
Greater than 4.00% | Gibraltar Life and Other
Policyholder Account Balance [Line Items]
Range of Guaranteed Minimum Crediting Rates	4%	4%
Account Values with Crediting Rates	$ 8,001	$ 3,873
Greater than 4.00% | Gibraltar Life and Other | At guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	8,001	3,873
Greater than 4.00% | Gibraltar Life and Other | 1 - 50 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Gibraltar Life and Other | 51 - 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	0	0
Greater than 4.00% | Gibraltar Life and Other | Greater than 150 bps above guaranteed minimum
Policyholder Account Balance [Line Items]
Account Values with Crediting Rates	$ 0	$ 0

Policyholders' Liabilities (Add

Policyholders' Liabilities (Additional Insurance Reserves) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Total
Policyholder Account Balance [Line Items]
Balance, beginning of period	$ 5,067	$ 4,295
Unearned revenue	775	738
Amortization expense	(195)	(165)
Other adjustments	(57)	2
FX adjustment	1	(27)
Balance, end of period	5,591	4,843
Less: Reinsurance recoverables	409	0
Unearned revenue reserve net of reinsurance recoverables	5,182	4,843
Other Businesses
Policyholder Account Balance [Line Items]
Unearned revenue reserve net of reinsurance recoverables	56	50
Total, including Other Businesses
Policyholder Account Balance [Line Items]
Unearned revenue reserve net of reinsurance recoverables	5,238	4,893
Variable Universal Life | Individual Life
Policyholder Account Balance [Line Items]
Balance, beginning of period	4,613	3,983
Unearned revenue	653	622
Amortization expense	(179)	(154)
Other adjustments	0	0
FX adjustment	0	0
Balance, end of period	5,087	4,451
Less: Reinsurance recoverables	409	0
Unearned revenue reserve net of reinsurance recoverables	4,678	4,451
Life Planner | International Businesses
Policyholder Account Balance [Line Items]
Balance, beginning of period	359	231
Unearned revenue	107	100
Amortization expense	(12)	(7)
Other adjustments	(56)	2
FX adjustment	1	(22)
Balance, end of period	399	304
Less: Reinsurance recoverables	0	0
Unearned revenue reserve net of reinsurance recoverables	399	304
Gibraltar Life and Other | International Businesses
Policyholder Account Balance [Line Items]
Balance, beginning of period	95	81
Unearned revenue	15	16
Amortization expense	(4)	(4)
Other adjustments	(1)	0
FX adjustment	0	(5)
Balance, end of period	105	88
Less: Reinsurance recoverables	0	0
Unearned revenue reserve net of reinsurance recoverables	$ 105	$ 88

Market Risk Benefits - Rollforw

Market Risk Benefits - Rollforward of Balances for Variable Annuity Products (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Market Risk Benefit [Roll Forward]
Market risk benefit, ending balance	$ 3,044	$ 2,460
Net amount at risk	$ 7,878	$ 13,417
Weighted-average attained age of contractholders (in years)	71 years	70 years
Individual Retirement Strategies
Market Risk Benefit [Roll Forward]
Market risk benefit, beginning balance	$ 4,038	$ 4,987
Effect of cumulative changes in NPR	1,137	1,828
Balance, BOP, before effect of changes in NPR	5,175	6,815
Attributed fees collected	850	899
Claims paid	(61)	(83)
Interest accrual	187	255
Actual in force different from expected	16	54
Effect of changes in interest rates	54	(2,986)
Effect of changes in equity markets	(1,712)	(995)
Effect of assumption update	93	342
Issuance	52	15
Other adjustments	14	(24)
Balance, EOP, before effect of changes in NPR	4,668	4,292
Effect of cumulative changes in NPR	(996)	(1,301)
Less: Reinsured MRBs	681	610
Balance, EOP, net of reinsurance	2,991	2,381
Market risk benefit, ending balance	3,672	2,991
Other Segments
Market Risk Benefit [Roll Forward]
Balance, EOP, net of reinsurance	$ 53	$ 79

Market Risk Benefits - Market R

Market Risk Benefits - Market Risk Benefits In Asset and Liability Positions (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Liability for Future Policy Benefit, Activity [Line Items]
Direct and assumed	$ 1,318		$ 1,440
Ceded	816		760
Total MRB assets	2,134	$ 1,981	2,200
Direct and assumed	5,045		4,513
Ceded	133		147
Total MRB liabilities	5,178	$ 5,467	4,660
Net Liability	3,044		2,460
Individual Variable | Retirement Strategies
Liability for Future Policy Benefit, Activity [Line Items]
Direct and assumed	1,308		1,430
Ceded	814		757
Total MRB assets	2,122		2,187
Direct and assumed	4,980		4,421
Ceded	133		147
Total MRB liabilities	5,113		4,568
Net Liability	2,991		2,381
Other Businesses
Liability for Future Policy Benefit, Activity [Line Items]
Direct and assumed	10		10
Ceded	2		3
Total MRB assets	12		13
Direct and assumed	65		92
Ceded	0		0
Total MRB liabilities	65		92
Net Liability	$ 53		$ 79

Reinsurance Narrative (Details)

Reinsurance Narrative (Details) $ in Millions

3 Months Ended

9 Months Ended

12 Months Ended

21 Months Ended

Jan. 01, 2024 USD ($)

Sep. 01, 2023 USD ($)

Apr. 01, 2023 USD ($)

Apr. 01, 2022

Apr. 01, 2015

Jan. 02, 2013 USD ($) subsidiary policy

Mar. 31, 2014 USD ($)

Mar. 31, 2013 USD ($)

Sep. 30, 2024 USD ($) company

Dec. 31, 2020 USD ($)

Dec. 31, 2016 USD ($)

Dec. 31, 2023 USD ($)

Dec. 31, 2021 counterparty

May 31, 2018 counterparty

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

63%

Deposit assets

$ 11,042

$ 10,574

Number of Reinsurance Companies | company

4

Geographic Distribution, Domestic

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance, retention policy, amount retained per life

$ 20

$ 30

$ 10

Hartford

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, amount retained per event

$ 141,000

Business acquisition through reinsurance transactions, number of subsidiaries of acquiree | subsidiary

3

Business acquisition number of life insurance policies acquired reinsurance | policy

700,000

Number of counterparties | counterparty

2

Somerset Re

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Deposit assets

$ 2,523

1,619

Reinsurance payable

2,425

1,518

Deferred reinsurance gain

$ 363

Somerset Re | Universal life products

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

30%

Prismic Re

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Deposit assets

$ 3,593

$ 3,771

Reinsured amount

$ 9,000

Deferred reinsurance loss

$ (240)

Prismic Re | Structured Settlement Annuity

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

70%

Prismic Re | Coinsurance with funds witheld

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

90%

Prismic Re | Coinsurance

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

10%

AuguStar

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsured amount

$ 10,000

Deferred reinsurance gain

$ 309

AuguStar | Separate account liabilities under MODCO

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

100%

AuguStar | General account liabilities under MODCO

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

100%

AuguStar | Variable Annuities

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

10%

Empower | Separate account liabilities under MODCO

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

100%

Empower | General account liabilities under MODCO

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

100%

Union Hamilton | Quote Share Reinsurance for HDI v.3.0 VA Business

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Reinsurance retention policy, reinsured risk percentage

50%

Reinsurance retention policy, amount retained per event

$ 2,900

Allstate

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]

Number of counterparties | counterparty

2

Reinsurance Reinsurance Amounts

Reinsurance Reinsurance Amounts Included in Statement of Operations (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Insurance [Abstract]
Direct premiums		$ 11,983	$ 8,435	$ 33,656	$ 23,424
Reinsurance assumed		1,656	1,145	4,652	3,567
Reinsurance ceded		(594)	(5,407)	(1,906)	(6,546)
Premiums	[1]	13,045	4,173	36,402	20,445
Direct policy charges and fee income		1,663	969	3,476	2,862
Reinsurance assumed		295	308	894	923
Reinsurance ceded		(847)	(165)	(1,118)	(466)
Policy charges and fee income		1,111	1,112	3,252	3,319
Direct change in value of market risk benefits, net of related hedging gains (losses)		(130)	(245)	(319)	(157)
Reinsurance assumed		(21)	65	58	148
Reinsurance ceded		5	(71)	(59)	(151)
Change in value of market risk benefits, net of related hedging gains (losses)		(146)	(251)	(320)	(160)
Direct policyholders’ benefits		13,023	9,303	36,849	25,161
Reinsurance assumed		2,007	1,596	5,788	5,383
Reinsurance ceded		(1,003)	(5,736)	(3,152)	(7,416)
Policyholders’ benefits	[1]	14,027	5,163	39,485	23,128
Direct change in estimates of liability for future policy benefits		251	(103)	184	326
Reinsurance assumed		19	(1)	77	(147)
Reinsurance ceded		(90)	55	(274)	52
Change in estimates of liability for future policy benefits	[1]	$ 180	$ (49)	$ (13)	$ 231
[1] See Note 20 for additional information regarding related party transactions.

Reinsurance Reinsurance Recover

Reinsurance Reinsurance Recoverable (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Total reinsurance recoverables	$ 18,591	$ 16,737
Reinsurance recoverables net of loss allowance	11	12
Deposit assets	11,042	10,574
Somerset Re
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Reinsurance payable	2,425	1,518
Deposit assets	2,523	1,619
Prismic Re
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Deposit assets	3,593	3,771
Individual and group annuities
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Total reinsurance recoverables	7,415	7,516
Life insurance
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Total reinsurance recoverables	10,763	8,806
Life insurance | Somerset Re
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Total reinsurance recoverables	818
Other reinsurance
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Total reinsurance recoverables	413	415
Hartford Life Business
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Reinsurance payable	1,397	1,396
Hartford Life Business | Life insurance
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Total reinsurance recoverables	2,085	2,090
Prismic Re
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Reinsurance payable	8,480	8,543
Prismic Re | Individual and group annuities
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Total reinsurance recoverables	5,930	5,981
FLIAC | Individual and group annuities
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Total reinsurance recoverables	$ 1,441	$ 1,485

Closed Block (Narrative) (Detai

Closed Block (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Closed Block Dividend Obligation	$ 1,403	$ 792
Accumulated Net Unrealized Investment Loss Pre Tax
Closed Block Dividend Obligation	1,067	2,081
Accumulated Distributions in Excess of Net Income
Closed Block Dividend Obligation	$ 2,470	$ 2,873

Closed Block (Closed Block Liab

Closed Block (Closed Block Liabilities and Assets Designated to Closed Block; Maximum Future Earnings to be Recognized) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Closed Block liabilities
Future policy benefits	$ 42,683	$ 43,587
Policyholders’ dividends payable	661	648
Policyholders’ dividend obligation	1,403	792
Policyholders’ account balances	4,391	4,500	$ 4,528
Other Closed Block liabilities	3,790	3,605
Total Closed Block liabilities	52,928	53,132
Closed Block assets
Fixed maturities, available-for-sale, at fair value	30,322	30,314
Fixed maturities, trading, at fair value	726	887
Equity securities, at fair value	1,824	1,970
Commercial mortgage and other loans	7,819	7,769
Policy loans	3,388	3,479
Other invested assets	4,710	4,513
Short-term investments	558	232
Total investments	49,347	49,164
Cash and cash equivalents	450	993
Accrued investment income	434	421
Other Closed Block assets	340	138
Total Closed Block assets	50,571	50,716
Excess of reported Closed Block liabilities over Closed Block assets	2,357	2,416
Portion of above representing accumulated other comprehensive income (loss):
Net unrealized investment gains (losses)	(1,229)	(2,241)
Allocated to policyholder dividend obligation	1,067	2,081
Future earnings to be recognized from Closed Block assets and Closed Block liabilities	$ 2,195	$ 2,256

Closed Block (Information Regar

Closed Block (Information Regarding Policyholder Dividend Obligation) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Movement in Closed Block Dividend Obligation [Roll Forward]
Balance, beginning	$ 792
Impact from earnings allocable to policyholder dividend obligation	(403)
Change in net unrealized investment gains (losses) allocated to policyholder dividend obligation	1,014
Balance, ending	$ 1,403

Closed Block (Closed Block Reve

Closed Block (Closed Block Revenues and Benefits and Expenses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues
Premiums	$ 392	$ 392	$ 1,234	$ 1,228
Net investment income	502	508	1,521	1,485
Realized investment gains (losses), net	(232)	(231)	(531)	(361)
Other income (loss)	153	(58)	360	182
Total Closed Block revenues	815	611	2,584	2,534
Benefits and Expenses
Policyholders’ benefits	535	534	1,723	1,716
Interest credited to policyholders’ account balances	29	30	88	89
Dividends to policyholders	177		614	574
Dividends to policyholders		(20)
General and administrative expenses	67	68	201	212
Total Closed Block benefits and expenses	808	612	2,626	2,591
Closed Block revenues, net of Closed Block benefits and expenses, before income taxes	7	(1)	(42)	(57)
Income tax expense (benefit)	(13)	(23)	(100)	(109)
Closed Block revenues, net of Closed Block benefits and expenses and income taxes	$ 20	$ 22	$ 58	$ 52

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Total income tax expense (benefit)	$ 140	$ (251)	$ 693	$ 254
Effective Income Tax Rate, Percent			20.60%	18%
Federal Statutory Income Tax Rate, Percent			21%
High Tax Exception Percentage			18.90%
Percentage of the Effective Income Tax Rate Rec at Federal Statutory Income			90%
Book-income Alternative Minimum Tax Rate			15%
Tax Adjustments, Settlements, and Unusual Provisions			$ 86

Short-Term and Long-Term Debt_2

Short-Term and Long-Term Debt (Short-Term Debt) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Short-term Debt [Line Items]
Short-term debt	$ 950	$ 618
Less: assets under set-off arrangements	$ 12,376	$ 10,370
Weighted average interest rate on outstanding short-term debt	4.96%	5.50%
Commercial paper
Short-term Debt [Line Items]
Debt maturity	43 days	49 days
Short-Term Debt	$ 519	$ 535
Current portion of Long-term debt
Short-term Debt [Line Items]
Short-Term Debt	2,181	2,083
Short-term Debt
Short-term Debt [Line Items]
Less: assets under set-off arrangements	1,750	2,000
Short-Term Debt	2,700	2,618
Borrowings due overnight | Commercial paper
Short-term Debt [Line Items]
Short-term debt	95	110
Daily average outstanding | Commercial paper
Short-term Debt [Line Items]
Short-term debt	1,671	1,334
Prudential Financial
Short-term Debt [Line Items]
Short-Term Debt	25	25
Prudential Financial | Commercial paper
Short-term Debt [Line Items]
Short-Term Debt	25	25
Prudential Funding, LLC | Commercial paper
Short-term Debt [Line Items]
Short-Term Debt	494	510
Mortgage debt
Short-term Debt [Line Items]
Short-Term Debt	84	83
Surplus notes
Short-term Debt [Line Items]
Short-Term Debt	347	0
Surplus notes subject to set-off arrangements
Short-term Debt [Line Items]
Short-Term Debt	$ 1,750	$ 2,000

Short-Term and Long-Term Debt_3

Short-Term and Long-Term Debt (Narrative) (Details) ¥ in Billions	9 Months Ended	12 Months Ended
	Sep. 30, 2024 USD ($) Rate	Dec. 31, 2023 USD ($)	Sep. 30, 2024 JPY (¥) Rate
Debt Instrument [Line Items]
Long-term Debt	$ 31,452,000,000	$ 29,252,000,000
Amounts drawn on credit facilities	0
Long-term Debt, Excluding Current Maturities	19,076,000,000	18,882,000,000
Assets Under Set Off Arrangements	12,376,000,000	10,370,000,000
Surplus notes
Debt Instrument [Line Items]
Short-Term Debt	347,000,000	0
Parent Company Prudential Funding Combined
Debt Instrument [Line Items]
Capacity	$ 4,000,000,000
Line of Credit Facility, Expiration Period	5 years
Prudential Holdings of Japan
Debt Instrument [Line Items]
Capacity | ¥			¥ 100
Line of Credit Facility, Expiration Period	5 years
Junior Subordinated Debt
Debt Instrument [Line Items]
Long-term Debt	$ 8,589,000,000	8,094,000,000
Subsidiaries | Junior Subordinated Debt
Debt Instrument [Line Items]
Long-term Debt	43,000,000	44,000,000
Prudential Financial
Debt Instrument [Line Items]
Long-term Debt	18,711,000,000	18,162,000,000
Short-Term Debt	25,000,000	25,000,000
Minimum statutory consolidated net worth	22,100,000,000
Prudential Financial | Junior Subordinated Debt
Debt Instrument [Line Items]
Long-term Debt	8,546,000,000	8,050,000,000
Current portion of Long-term debt
Debt Instrument [Line Items]
Short-Term Debt	2,181,000,000	2,083,000,000
Junior Subordinated Debt
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 1,000,000,000
Debt Instrument, Interest Rate, Stated Percentage | Rate	6.50%		6.50%
Junior Subordinated Debt | 5.20% Junior Subordinated Notes
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 500,000,000
5.20% Junior Subordinated Notes
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage | Rate	5.20%		5.20%
Short-term Debt
Debt Instrument [Line Items]
Assets Under Set Off Arrangements	$ 1,750,000,000	2,000,000,000
Short-Term Debt	$ 2,700,000,000	$ 2,618,000,000
Commercial paper
Debt Instrument [Line Items]
Debt maturity	43 days	49 days
Short-Term Debt	$ 519,000,000	$ 535,000,000
Commercial paper | Prudential Financial
Debt Instrument [Line Items]
Short-Term Debt	25,000,000	25,000,000
Floating-rate notes | Mortgage debt
Debt Instrument [Line Items]
Long-term Debt	33,000,000	75,000,000
Floating-rate notes | Foreign public corporate securities | Mortgage debt
Debt Instrument [Line Items]
Long-term Debt	67,000,000	27,000,000
Fixed-rate notes | Mortgage debt
Debt Instrument [Line Items]
Long-term Debt	34,000,000	0
Fixed-rate notes | Senior notes
Debt Instrument [Line Items]
Long-term Debt	10,165,000,000	$ 10,112,000,000
Fixed-rate notes | Retail Medium Term Note | Senior notes
Debt Instrument [Line Items]
Long-term Debt	294,000,000
Fixed-rate notes | Retail Medium Term Note | Senior notes | Institutional Retirement Strategies
Debt Instrument [Line Items]
Long-term Debt	$ 55,000,000

Short-Term and Long-Term Debt_4

Short-Term and Long-Term Debt (Long-Term Debt) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term Debt	$ 31,452	$ 29,252
Less: assets under set-off arrangements	12,376	10,370
Long-term debt	19,076	18,882
Surplus notes | Fixed-rate notes
Debt Instrument [Line Items]
Long-term Debt	0	346
Surplus notes subject to set-off arrangements | Fixed-rate notes
Debt Instrument [Line Items]
Long-term Debt	11,796	9,790
Surplus notes subject to set-off arrangements | Floating-rate notes
Debt Instrument [Line Items]
Long-term Debt	580	580
Somerset Re surplus notes subject to set off arrangements
Debt Instrument [Line Items]
Long-term Debt	6,800
Senior notes | Fixed-rate notes
Debt Instrument [Line Items]
Long-term Debt	10,165	10,112
Mortgage debt | Fixed-rate notes
Debt Instrument [Line Items]
Long-term Debt	34	0
Mortgage debt | Floating-rate notes
Debt Instrument [Line Items]
Long-term Debt	33	75
Line of credit
Debt Instrument [Line Items]
Long-term Debt	255	255
Junior subordinated notes
Debt Instrument [Line Items]
Long-term Debt	8,589	8,094
Debt denominated in foreign currency | Mortgage debt | Floating-rate notes
Debt Instrument [Line Items]
Long-term Debt	67	27
Prudential Financial
Debt Instrument [Line Items]
Long-term Debt	18,711	18,162
Prudential Financial | Junior subordinated notes
Debt Instrument [Line Items]
Long-term Debt	8,546	8,050
Subsidiaries | Junior subordinated notes
Debt Instrument [Line Items]
Long-term Debt	$ 43	$ 44

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) - Other Postretirement Benefits	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Minimum
Defined Benefit Plan Disclosure [Line Items]
Deferred Compensation Arrangement with Individual, Requisite Age		50 years
Deferred Compensation Arrangement with Individual, Requisite Service Period	10 years
Maximum
Defined Benefit Plan Disclosure [Line Items]
Deferred Compensation Arrangement with Individual, Requisite Age		55 years
Deferred Compensation Arrangement with Individual, Requisite Service Period	20 years

Employee Benefit Plans (Compone

Employee Benefit Plans (Components of Net Periodic Benefit Cost Included in General and Administrative Expenses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 52	$ 51	$ 155	$ 154
Interest cost	135	138	405	414
Expected return on plan assets	(238)	(231)	(715)	(694)
Amortization of prior service cost	0	(1)	(1)	(1)
Amortization of actuarial (gain) loss, net	22	17	67	51
Settlements	1	1	2	2
Special termination benefits	0	0	1	0
Net periodic (benefit) cost	(28)	(25)	(86)	(74)
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	1	2	5	7
Interest cost	12	17	38	53
Expected return on plan assets	(19)	(21)	(57)	(64)
Amortization of prior service cost	(16)	(2)	(50)	(6)
Amortization of actuarial (gain) loss, net	2	3	6	8
Settlements	0	0	0	0
Special termination benefits	0	0	0	0
Net periodic (benefit) cost	$ (20)	$ (1)	$ (58)	$ (2)

Equity (Common Stock Changes in

Equity (Common Stock Changes in Number of Shares Issued, Held in Treasury and Outstanding) (Details)	9 Months Ended
	Sep. 30, 2024 shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning (in shares)	666,305,189
Balance, ending (in shares)	666,305,189
Issued
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning (in shares)	666,300,000
Common Stock issued (in shares)	0
Common Stock acquired	0
Stock-based compensation programs (in shares)	0
Balance, ending (in shares)	666,300,000
Common Stock Held in Treasury
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning (in shares)	307,100,000
Common Stock issued (in shares)	0
Common Stock acquired	6,600,000
Stock-based compensation programs (in shares)	(3,300,000)
Balance, ending (in shares)	310,400,000
Outstanding
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning (in shares)	359,200,000
Common Stock issued (in shares)	0
Common Stock acquired	6,600,000
Stock-based compensation programs (in shares)	3,300,000
Balance, ending (in shares)	355,900,000

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) shares in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Class of Stock [Line Items]
Cost of Treasury Stock Acquired	$ 746	$ 754
Under November 2021 Board Of Directors Authorization
Class of Stock [Line Items]
Amount of Stock Repurchases Authorized by the Board of Directors			$ 1,000
Under November 2021 Board Of Directors Authorization | Common Stock
Class of Stock [Line Items]
Number of Treasury Stock Shares Acquired	6.6
Cost of Treasury Stock Acquired	$ 750

Equity (Dividends Declared) (De

Equity (Dividends Declared) (Details) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Equity [Abstract]
Dividends declared per share of Common Stock (in USD per share)	$ 1.30	$ 1.25	$ 3.90	$ 3.75

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	[1]			$ (6,504)
Income tax benefit (expense)		$ (276)	$ 152	(432)	$ 1,035
Ending balance	[1]	(4,844)		(4,844)
Foreign  Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance				(2,686)	(2,274)
Change in OCI before reclassifications				31	(650)
Amounts reclassified from AOCI				(34)	1
Income tax benefit (expense)				25	(93)
Ending balance		(2,664)	(3,016)	(2,664)	(3,016)
Total net unrealized investment gains (losses)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance				(11,213)	(16,194)
Change in OCI before reclassifications				(1,440)	(10,094)
Amounts reclassified from AOCI				1,428	615
Income tax benefit (expense)				328	2,213
Ending balance		(10,897)	(23,460)	(10,897)	(23,460)
Interest rate remeasurement of Liability for Future Policy Benefits
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance				8,547	15,242
Change in OCI before reclassifications				2,224	5,529
Amounts reclassified from AOCI				0	0
Income tax benefit (expense)				(780)	(1,177)
Ending balance		9,991	19,594	9,991	19,594
Gains (Losses) from Changes in Non-performance Risk on Market Risk Benefits
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance				900	1,448
Change in OCI before reclassifications				(142)	(528)
Amounts reclassified from AOCI				0	0
Income tax benefit (expense)				30	111
Ending balance		788	1,031	788	1,031
Pension and Postretirement Unrecognized Net Periodic Benefit (Cost)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance				(2,052)	(2,028)
Change in OCI before reclassifications				3	15
Amounts reclassified from AOCI				22	52
Income tax benefit (expense)				(35)	(19)
Ending balance		(2,062)	(1,980)	(2,062)	(1,980)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance				(6,504)	(3,806)
Change in OCI before reclassifications				676	(5,728)
Amounts reclassified from AOCI				1,416	668
Income tax benefit (expense)				(432)	1,035
Ending balance		(4,844)	(7,831)	(4,844)	(7,831)
Cash Flow Hedging | Total net unrealized investment gains (losses)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance				869	2,616
Ending balance		694	1,947	694	1,947
Fair Value Hedging | Total net unrealized investment gains (losses)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance				(60)	(54)
Ending balance		$ (164)	$ (18)	$ (164)	$ (18)
[1] See Note 20 for additional information regarding related party transactions.

Equity (Reclassifications out o

Equity (Reclassifications out of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024		Sep. 30, 2023
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Realized investment gains (losses), net	[1]	$ (1,844)	$ (2,402)	$ (2,318)	[2]	$ (3,123)
Amortization of defined benefit items:
Other Income	[1]	1,285	197	3,214		2,260
Total foreign currency translation adjustment
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI				(34)		1
Total net unrealized investment gains (losses)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI				1,428		615
Total amortization of defined benefit items
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI				22		52
Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI				1,416		668
Amounts reclassified from AOCI
Amortization of defined benefit items:
Prior service cost		16	3	51		7
Actuarial gain (loss)		(24)	(20)	(73)		(59)
Amounts reclassified from AOCI | Total foreign currency translation adjustment
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Realized investment gains (losses), net		14	0	34		(1)
Amounts reclassified from AOCI | Total net unrealized investment gains (losses)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI		(961)	(234)	(1,428)		(615)
Amounts reclassified from AOCI | Total amortization of defined benefit items
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI		(8)	(17)	(22)		(52)
Amounts reclassified from AOCI | Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI		(955)	(251)	(1,416)		(668)
Amounts reclassified from AOCI | Net unrealized investment gains (losses) on available-for-sale securities
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net unrealized investment gains (losses)		(836)	(453)	(1,553)		(874)
Amounts reclassified from AOCI | Interest Rate | Cash Flow Hedging
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net unrealized investment gains (losses)		(5)	(3)	(25)		(32)
Amounts reclassified from AOCI | Currency | Cash Flow Hedging
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net unrealized investment gains (losses)		(1)	3	3		11
Amounts reclassified from AOCI | Currency | Fair Value Hedging
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net unrealized investment gains (losses)		(2)	(2)	(7)		(6)
Amounts reclassified from AOCI | Currency/Interest rate | Cash Flow Hedging
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net unrealized investment gains (losses)		$ (117)	$ 221	$ 154		$ 286
[1] See Note 20 for additional information regarding related party transactions. See Note 20 for additional information regarding related party transactions.

Equity (Net Unrealized Investme

Equity (Net Unrealized Investment Gains (Losses) in AOCI on AFS Fixed Maturity Securities with Allowance for Credit Losses and All Other Investments) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	$ (6,504)	[1]
Ending balance	(4,844)	[1]
Net Unrealized Investment Gains (Losses) on Available-for-Sale Fixed Maturity Securities on Which an Allowance for Credit Losses has been Recorded
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(72)
Net investment gains (losses) on investments arising during the period	(61)
Reclassification adjustment for (gains) losses included in net income	11
Reclassification due to allowance for credit losses recorded during the period	1
Ending balance	(121)
Net Unrealized Investment Gains (Losses) on All Other Investments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(17,179)
Net investment gains (losses) on investments arising during the period	36
Reclassification adjustment for (gains) losses included in net income	1,417
Reclassification due to allowance for credit losses recorded during the period	(1)
Ending balance	(15,727)
Reinsurance Recoverables
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(484)
Impact of net unrealized investment (gains) losses	326
Ending balance	(158)
Future Policy Benefits, Policyholders’ Account Balances and Reinsurance Payables
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	1,306
Impact of net unrealized investment (gains) losses	(727)
Ending balance	579
Policyholders’ Dividends
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	2,081
Impact of net unrealized investment (gains) losses	(1,014)
Ending balance	1,067
Income Tax Benefit (Expense)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	3,135
Net investment gains (losses) on investments arising during the period	(1)
Reclassification adjustment for (gains) losses included in net income	31
Reclassification due to allowance for credit losses recorded during the period	0
Impact of net unrealized investment (gains) losses	298
Ending balance	3,463
Accumulated Other Comprehensive Income (Loss) Related to Net Unrealized Investment Gains (Losses)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(11,213)
Net investment gains (losses) on investments arising during the period	(26)
Reclassification adjustment for (gains) losses included in net income	1,459
Reclassification due to allowance for credit losses recorded during the period	0
Impact of net unrealized investment (gains) losses	(1,117)
Ending balance	$ (10,897)
[1] See Note 20 for additional information regarding related party transactions.

Earnings Per Share (Reconciliat

Earnings Per Share (Reconciliation of the Numerators and Denominators of the Basic and Diluted Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Basic earnings per share
Net income (loss)	$ 451	$ 1,171	$ 1,151	$ (791)	$ 496	$ 1,477	$ 2,773	$ 1,182
Less: Income (loss) attributable to noncontrolling interests	3			11			(11)	11
Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards	5			5			33	17
Net income (loss) attributable to Prudential Financial available to holders of Common Stock, Basic Income	$ 443			$ (807)			$ 2,751	$ 1,154
Net income (loss) attributable to Prudential Financial available to holders of Common Stock, Basic Weighted Average Shares	356.9			362.6			358.3	364.6
Net income (loss) attributable to Prudential Financial available to holders of Common Stock, Basic Per Share Amount	$ 1.24			$ (2.23)			$ 7.68	$ 3.17
Effect of dilutive securities and compensation programs
Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic	$ 5			$ 5			$ 33	$ 17
Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted	$ 5			$ 5			$ 33	$ 17
Stock options, Weighted Average Shares	0.2			0			0.2	0.2
Deferred and long-term compensation programs, Weighted Average Shares	1.6			0			1.4	1
Diluted earnings per share
Net income (loss) attributable to Prudential Financial available to holders of Common Stock, Diluted Income	$ 443			$ (807)			$ 2,751	$ 1,154
Net income (loss) attributable to Prudential Financial available to holders of Common Stock, Diluted Weighted Average Shares	358.7			362.6			359.9	365.8
Net income (loss) attributable to Prudential Financial available to holders of Common Stock, Diluted Per Share Amount	$ 1.24			$ (2.23)			$ 7.64	$ 3.15

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share [Abstract]
Undistributed earnings allocated to participating unvested share-based payment awards, weighted outstanding shares	3,900	4,100	4,000	4,100

Earnings Per Share (Antidilutiv

Earnings Per Share (Antidilutive Securities Excluded From the Computation of Diluted Earnings Per Share) (Details) - $ / shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings, Shares	0	2.3	0.1	1.4
Antidilutive stock options based on application of the treasury stock method
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings, Shares	0	1.1	0.1	1.3
Antidilutive securities excluded from computation of earnings, Exercise Price Per Share	$ 0	$ 103.19	$ 110.42	$ 101.72
Antidilutive stock options due to net loss available to holders of Common Stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings, Shares	0	0.1	0	0
Antidilutive shares based on application of the treasury stock method
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings, Shares	0	0	0	0.1
Antidilutive shares due to net loss available to holders of Common Stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings, Shares	0	1.1	0	0

Segment Information (Reconcilia

Segment Information (Reconciliation of Adjusted Operating Income and Net Income (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	$ 553	$ (1,058)	$ 3,358	$ 1,410
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	1,628	1,672	4,704	4,399
Operating Segments | PGIM Division [Member] | PGIM
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	241	211	616	541
Operating Segments | Total Corporate and Other [Member] | Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	(487)	(438)	(1,293)	(1,381)
Operating Segments | U.S. Businesses Division | Retirement Strategies
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	966	941	2,917	2,654
Operating Segments | U.S. Businesses Division | Retirement Strategies | Institutional Retirement Strategies
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	438	439	1,429	1,263
Operating Segments | U.S. Businesses Division | Retirement Strategies | Individual Retirement Strategies
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	528	502	1,488	1,391
Operating Segments | U.S. Businesses Division | Group Insurance
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	82	89	248	253
Operating Segments | U.S. Businesses Division | Individual Life
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	60	58	(148)	(103)
Segment Reconciling Items | Change in value of market risk benefits, net of related hedging gains (losses)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	(146)	(251)	(320)	(160)
Segment Reconciling Items | Market experience updates
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	(127)	143	(112)	188
Segment Reconciling Items | Equity in earnings of joint ventures and other operating entities and earnings attributable to noncontrolling interests
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	(43)	(11)	(113)	(42)
Segment Reconciling Items | Other adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	(3)	(9)	(16)	(24)
Segment Reconciling Items | Realized investment gains (losses), net, and related charges and adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	(805)	(2,491)	(774)	(2,879)
Segment Reconciling Items | Other Divested Businesses [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	47	(113)	50	(22)
Segment Reconciling Items | Total Closed Block division
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	2	2	(61)	(50)
Total U.S. Businesses | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	1,108	1,088	3,017	2,804
International Businesses | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	766	811	2,364	2,435
International Businesses | Operating Segments | Total International Businesses | Life Planner
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	464	527	1,409	1,536
International Businesses | Operating Segments | Total International Businesses | Gibraltar Life and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	$ 302	$ 284	$ 955	$ 899

Segment Information (Reconcil_2

Segment Information (Reconciliation of Select Financial Information) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Segment Reporting Information [Line Items]
Revenues		$ 19,490	$ 8,352	$ 57,882	$ 38,895
Net Investment Income	[1]	5,055	4,571	14,668	13,367
Total benefits and expenses		18,937	9,410	54,524	37,485
Policyholders’ benefits	[1]	14,027	5,163	39,485	23,128
Interest credited to policyholders’ account balances		863	872	3,248	3,002
Dividends to policyholders		189		655	619
Amortization of deferred policy acquisition costs		367	361	1,117	1,092
Total Assets		760,294		760,294		$ 721,123
Operating Segments
Segment Reporting Information [Line Items]
Revenues		19,481	10,044	55,021	37,609
Operating Segments | PGIM Division [Member] | PGIM
Segment Reporting Information [Line Items]
Revenues		1,021	976	2,974	2,723
Total Assets		37,878		37,878		42,064
Operating Segments | Total Corporate and Other [Member] | Corporate and Other
Segment Reporting Information [Line Items]
Revenues		71	(37)	65	(50)
Operating Segments | U.S. Businesses Division | Group Insurance
Segment Reporting Information [Line Items]
Revenues		1,643	1,576	4,863	4,738
Total Assets		40,201		40,201		39,214
Operating Segments | U.S. Businesses Division | Individual Life
Segment Reporting Information [Line Items]
Revenues		1,546	1,589	4,655	4,680
Total Assets		122,526		122,526		116,449
Operating Segments | U.S. Businesses Division | Retirement Strategies
Segment Reporting Information [Line Items]
Revenues		10,783	1,374	28,822	11,214
Total Assets		283,757		283,757		251,242
Operating Segments | U.S. Businesses Division | Retirement Strategies | Institutional Retirement Strategies
Segment Reporting Information [Line Items]
Revenues		9,473	221	25,052	7,847
Total Assets		131,755		131,755		111,308
Operating Segments | U.S. Businesses Division | Retirement Strategies | Individual Retirement Strategies
Segment Reporting Information [Line Items]
Revenues		1,310	1,153	3,770	3,367
Total Assets		152,002		152,002		139,934
Segment Reconciling Items | Realized investment gains (losses), net, and related charges and adjustments
Segment Reporting Information [Line Items]
Revenues		(967)	(2,396)	(425)	(2,379)
Segment Reconciling Items | Market experience updates
Segment Reporting Information [Line Items]
Revenues		(34)	39	(92)	58
Segment Reconciling Items | Equity in earnings of joint ventures and other operating entities and earnings attributable to noncontrolling interests
Segment Reporting Information [Line Items]
Revenues		(45)	(22)	(101)	(51)
Segment Reconciling Items | Change in value of market risk benefits, net of related hedging gains (losses)
Segment Reporting Information [Line Items]
Revenues		(146)	(251)	(320)	(160)
Segment Reconciling Items | Other Divested Businesses [Member]
Segment Reporting Information [Line Items]
Revenues		384	323	1,209	1,277
Segment Reconciling Items | Total Closed Block division
Segment Reporting Information [Line Items]
Revenues		817	615	2,590	2,541
Total Assets		50,924		50,924		51,088
Segment Reconciling Items | Total Corporate and Other [Member]
Segment Reporting Information [Line Items]
Total Assets		31,712		31,712		29,842
Intersegment Eliminations | PGIM Division [Member] | PGIM
Segment Reporting Information [Line Items]
Revenues		206	201	617	604
Total U.S. Businesses | Operating Segments
Segment Reporting Information [Line Items]
Revenues		13,972	4,539	38,340	20,632
Total Assets		446,484		446,484		406,905
International Businesses | Operating Segments
Segment Reporting Information [Line Items]
Revenues		4,417	4,566	13,642	14,304
International Businesses | Operating Segments | Total International Businesses
Segment Reporting Information [Line Items]
Total Assets		193,296		193,296		191,224
International Businesses | Operating Segments | Total International Businesses | Life Planner
Segment Reporting Information [Line Items]
Revenues		2,247	2,359	7,164	7,364
Total Assets		82,645		82,645		81,164
International Businesses | Operating Segments | Total International Businesses | Gibraltar Life and Other
Segment Reporting Information [Line Items]
Revenues		2,170	$ 2,207	6,478	$ 6,940
Total Assets		$ 110,651		$ 110,651		$ 110,060
[1] See Note 20 for additional information regarding related party transactions.

Segment Information Segment Inf

Segment Information Segment Information (Asset Management and Service Fees) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Asset management and service fees	[1]	$ 984	$ 952	$ 2,984	$ 2,787
Asset-based management fees
Asset management and service fees		841	799	2,526	2,377
Performance-based incentive fees
Asset management and service fees		17	26	78	33
Other fees
Asset management and service fees		$ 126	$ 127	$ 380	$ 377
[1] See Note 20 for additional information regarding related party transactions.

Related Party Disclosures Narra

Related Party Disclosures Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Related Party Transaction [Line Items]
Future policy benefits	$ 285,474	$ 273,281	$ 253,551
Related Party
Related Party Transaction [Line Items]
Future policy benefits			$ 9,000
Portion of in-force structured settlement annuities business			70%
Guarantee on letters of credit	$ 2,000	$ 2,000
Prismic HoldCo | Related Party
Related Party Transaction [Line Items]
Carrying value			$ 200
Equity Method Investment, Ownership Percentage			20%
Prismic HoldCo | Related Party
Related Party Transaction [Line Items]
Carrying value			$ 200
Equity Method Investment, Ownership Percentage			20%

Related Party Transactions - Th

Related Party Transactions - The Company’s Related Party Balances with Prismic (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Other assets	[1],[2]	$ 12,947	$ 13,179
Accumulated other comprehensive income (loss)	[1]	(4,844)	(6,504)
Reinsurance and funds withheld payables, embedded derivatives at fair value		577	490
Related Party
Related Party Transaction [Line Items]
Reinsurance recoverables and deposit receivables		9,523	9,752
Other assets		130	132
Reinsurance and funds withheld payables (includes $578 and $508 of embedded derivatives at fair value at September 30, 2024 and December 31, 2023, respectively)		8,480	8,544
Accumulated other comprehensive income (loss)		291	335
Reinsurance and funds withheld payables, embedded derivatives at fair value		$ 578	$ 508
[1] See Note 20 for additional information regarding related party transactions. See Note 4 for details of balances associated with variable interest entities.

Related Party Transactions - _2

Related Party Transactions - The Initial and Ongoing Reinsurance Activity with Prismic Re of Operations (Details) - USD ($) $ in Millions		3 Months Ended						9 Months Ended
		Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024		Sep. 30, 2023
Related Party Transaction [Line Items]
Premiums	[1]	$ 13,045			$ 4,173			$ 36,402		$ 20,445
Net Investment Income	[1]	5,055			4,571			14,668		13,367
Asset management and service fees	[1]	984			952			2,984		2,787
Other income (loss)	[1]	1,285			197			3,214		2,260
Realized investment gains (losses), net	[1]	(1,844)			(2,402)			(2,318)	[2]	(3,123)
Policyholders’ benefits	[1]	(14,027)			(5,163)			(39,485)		(23,128)
Change in estimates of liability for future policy benefits	[1]	(180)			49			13		(231)
General and administrative expenses	[1]	3,311			3,066			10,032		9,413
Income (loss) from related parties, before income taxes		553			(1,058)			3,358		1,410
Other comprehensive income (loss), before tax		2,600	$ 217	$ (1,157)	(1,182)	$ (2,825)	$ (18)	1,660		(4,025)
Related Party
Related Party Transaction [Line Items]
Premiums		(4)			(4,814)			11		(4,814)
Net Investment Income		0			13			0		13
Asset management and service fees		9			3			27		3
Other income (loss)		40			0			114		0
Realized investment gains (losses), net		(710)			435			(392)		435
Policyholders’ benefits		(70)			(4,839)			(211)		(4,839)
Change in estimates of liability for future policy benefits		(4)			2			12		2
General and administrative expenses		9			7			28		7
Income (loss) from related parties, before income taxes		(600)			467			(69)		467
Other comprehensive income (loss), before tax		383			(394)			291		(394)
Total comprehensive income (loss), before tax		$ (217)			$ 73			$ 222		$ 73
[1] See Note 20 for additional information regarding related party transactions. See Note 20 for additional information regarding related party transactions.

Related Party Transactions - _3

Related Party Transactions - The Initial and Ongoing Reinsurance Activity with Prismic Re of Cash Flows (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024		Sep. 30, 2023
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Realized investment (gains) losses, net	[1]	$ 1,844	$ 2,402	$ 2,318	[2]	$ 3,123
Other, net				(4,971)	[2]	(3,119)
CASH FLOWS FROM FINANCING ACTIVITIES
Other, net				(737)	[2]	(470)
Related Party
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Realized investment (gains) losses, net		$ 710	$ (435)	392		(435)
Other, net				(554)		(25)
CASH FLOWS FROM FINANCING ACTIVITIES
Other, net				$ 285		$ 1
[1] See Note 20 for additional information regarding related party transactions. See Note 20 for additional information regarding related party transactions.

Commitments and Contingent Li_3

Commitments and Contingent Liabilities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Commitments and Contingent Liabilities [Line Items]
Fair value of collateral supporting these assets	$ 243		$ 243		$ 240
Standby Letters of Credit
Commitments and Contingent Liabilities [Line Items]
Guarantee on letters of credit	1,500		1,500
Standby Uncommitted Letters Of Credit
Commitments and Contingent Liabilities [Line Items]
Guarantee on letters of credit	500		500
Commitments | Commercial Mortgage Loans
Commitments and Contingent Liabilities [Line Items]
Total outstanding mortgage loan commitments	2,294		2,294		1,798
Portion of commitment where prearrangement to sell to investor exists	514		514		366
Allowance for credit losses	2		2		1
Change in allowance for credit losses	1	$ 0	1	$ 0
Expected to be funded from the GA and other operations outside the SA
Commitments and Contingent Liabilities [Line Items]
Commitments to purchase investment (excluding commercial mortgage loans)	10,816		10,816		10,675
Expected to be funded from separate accounts
Commitments and Contingent Liabilities [Line Items]
Commitments to purchase investment (excluding commercial mortgage loans)	66		66		39
Indemnification | Securities Lending and Securities Repurchase Transactions
Commitments and Contingent Liabilities [Line Items]
Indemnification provided to certain clients for securities lending and securities repurchase transactions	6,263		6,263		5,409
Fair value of related collateral associated with above indemnifications	6,398		6,398		5,528
Accrued liability associated with guarantee	0		0		0
Indemnification | Securities Repurchase Transactions
Commitments and Contingent Liabilities [Line Items]
Indemnification provided to certain clients for securities lending and securities repurchase transactions	265		265		0
Fair value of related collateral associated with above indemnifications	265		265		0
Indemnification | Serviced Mortgage Loans
Commitments and Contingent Liabilities [Line Items]
Maximum exposure under indemnification agreements for mortgage loans serviced by the Company	3,189		3,189		3,102
First-loss exposure portion of above	922		922		898
Accrued liability associated with guarantee	26		26		28
Allowance for credit losses	12		12		14
Change in allowance for credit losses	(1)	(1)	(2)	(2)
Guarantees of Asset Values
Commitments and Contingent Liabilities [Line Items]
Guaranteed value of third-parties’ assets	75,271		75,271		78,009
Fair value of collateral supporting these assets	71,533		71,533		73,186
Asset (liability) associated with guarantee, carried at fair value	(1)		(1)		(2)
Other Guarantees
Commitments and Contingent Liabilities [Line Items]
Other guarantees where amount can be determined	292		292		36
Accrued liability associated with guarantee	32		32		$ 32
Purchase Investments
Commitments and Contingent Liabilities [Line Items]
Change in allowance for credit losses	$ 0	$ 0	$ 0	$ 0

Commitments and Contingent Li_4

Commitments and Contingent Liabilities (Narrative Excluding Litigation) (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Commitments | Commercial Mortgage Loans
Commitments and Contingent Liabilities [Line Items]
Allowance for credit losses	$ 2		$ 2		$ 1
Change in allowance for credit losses	1	$ 0	1	$ 0
Purchase Investments
Commitments and Contingent Liabilities [Line Items]
Change in allowance for credit losses	0	0	$ 0	0
Indemnification | Securities Lending and Securities Repurchase Transactions
Commitments and Contingent Liabilities [Line Items]
Guarantor obligations, liquidation proceeds, percentage			102%
Indemnification | Securities Repurchase Transactions
Commitments and Contingent Liabilities [Line Items]
Guarantor obligations, liquidation proceeds, percentage			95%
Indemnification | Serviced Mortgage Loans
Commitments and Contingent Liabilities [Line Items]
Allowance for credit losses	12		$ 12		14
Change in allowance for credit losses	(1)	$ (1)	(2)	(2)
Mortgages subject to loss-sharing arrangements	$ 25,299		$ 25,299		$ 24,875
Weighted-average debt service coverage ratio of mortgages subject to loss-sharing arrangements	1.97		1.97		1.97
Weighted-average loan-to-value ratio of mortgages subject to loss-sharing arrangements	62%		62%		60%
Losses related to indemnifications that were settled			$ 0	$ 0
Indemnification | Minimum | Serviced Mortgage Loans
Commitments and Contingent Liabilities [Line Items]
Percentage share of losses incurred on certain loans serviced			4%
Indemnification | Maximum | Serviced Mortgage Loans
Commitments and Contingent Liabilities [Line Items]
Percentage share of losses incurred on certain loans serviced			20%

Commitments and Contingent Li_5

Commitments and Contingent Liabilities (Litigation Narrative) (Details) $ in Millions	Sep. 30, 2024 USD ($)
Maximum
Loss Contingencies [Line Items]
Estimate of possible losses in excess of accruals (less than) for litigation and regulatory matters	$ 250