Genworth Financial (GNW) 10-Q 3 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 27, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001276520
Current Fiscal Year End Date	--12-31
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2022
Entity Registrant Name	GENWORTH FINANCIAL, INC.
Entity File Number	001-32195
Entity Tax Identification Number	80-0873306
Entity Incorporation, State or Country Code	DE
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Address, Address Line One	6620 West Broad Street
Entity Address, State or Province	VA
Entity Address, City or Town	Richmond
Entity Address, Postal Zip Code	23230
Entity Interactive Data Current	Yes
City Area Code	804
Local Phone Number	281-6000
Trading Symbol	GNW
Security Exchange Name	NYSE
Title of 12(b) Security	Class A Common Stock, par value $.001 per share
Entity Common Stock, Shares Outstanding		503,715,868

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets
Fixed maturity securities available-for-sale, at fair value (amortized cost of $51,248 and $52,611 and allowance for credit losses of $— as of June 30, 2022 and December 31, 2021)	$ 49,286	$ 60,480
Equity securities, at fair value	243	198
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of June 30, 2022 and December 31, 2021)	7,088	6,856
Less: Allowance for credit losses	(23)	(26)
Commercial mortgage loans, net	7,065	6,830
Policy loans	2,178	2,050
Limited partnerships	2,123	1,900
Other invested assets	573	820
Total investments	61,468	72,278
Cash, cash equivalents and restricted cash	1,724	1,571
Accrued investment income	553	647
Deferred acquisition costs	2,314	1,146
Intangible assets	236	143
Reinsurance recoverable	16,691	16,868
Less: Allowance for credit losses	(60)	(55)
Reinsurance recoverable, net	16,631	16,813
Other assets	412	388
Deferred tax asset	1,047	119
Separate account assets	4,683	6,066
Total assets	89,068	99,171
Liabilities and equity
Future policy benefits	38,133	41,528
Policyholder account balances	17,907	19,354
Liability for policy and contract claims	11,915	11,841
Unearned premiums	614	672
Other liabilities	1,468	1,511
Long-term borrowings	1,773	1,899
Separate account liabilities	4,683	6,066
Liabilities related to discontinued operations	4	34
Total liabilities	76,497	82,905
Commitments and contingencies
Equity:
Class A common stock, $0.001 par value; 1.5 billion shares authorized; 600 million and 596 million shares issued as of June 30, 2022 and December 31, 2021, respectively; 508 million shares outstanding as of June 30, 2022 and December 31, 2021	1	1
Additional paid-in capital	11,859	11,858
Accumulated other comprehensive income (loss)	(145)	3,861
Retained earnings	2,820	2,490
Treasury stock, at cost (92 million and 88 million shares as of June 30, 2022 and December 31, 2021, respectively)	(2,715)	(2,700)
Total Genworth Financial, Inc.'s stockholders' equity	11,820	15,510
Noncontrolling interests	751	756
Total equity	12,571	16,266
Total liabilities and equity	$ 89,068	$ 99,171

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt securities amortized costs	$ 51,248	$ 52,611
Debt securities allowance for credit losses	0	0
Unamortized balance of loan origination fees	$ 4	$ 4
Class A common stock, par value	$ 0.001	$ 0.001
Class A common stock, shares authorized	1,500,000,000	1,500,000,000
Class A common stock, shares issued	600,000,000	596,000,000
Class A common stock, shares outstanding	508,000,000	508,000,000
Treasury stock, shares	92,000,000	88,000,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues:
Premiums		$ 927	$ 947	$ 1,858	$ 1,915
Net investment income		787	844	1,551	1,645
Net investment gains (losses)		8	70	36	103
Policy fees and other income		159	180	328	363
Total revenues		1,881	2,041	3,773	4,026
Benefits and expenses:
Benefits and other changes in policy reserves		764	1,161	1,903	2,379
Interest credited		125	127	250	258
Acquisition and operating expenses, net of deferrals		589	304	860	579
Amortization of deferred acquisition costs and intangibles		84	86	176	163
Interest expense		26	43	52	94
Total benefits and expenses		1,588	1,721	3,241	3,473
Income from continuing operations before income taxes		293	320	532	553
Provision for income taxes		73	75	131	134
Income from continuing operations		220	245	401	419
Income (loss) from discontinued operations, net of taxes		(1)	(5)	(3)	16
Net income		219	240	398	435
Less: net income from continuing operations attributable to noncontrolling interests		38	0	68	0
Less: net income from discontinued operations attributable to noncontrolling interests		0	0	0	8
Net income available to Genworth Financial, Inc.'s common stockholders		181	240	330	427
Net income available to Genworth Financial, Inc.'s common stockholders:
Income from continuing operations available to Genworth Financial, Inc.‘s common stockholders		182	245	333	419
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders		(1)	(5)	(3)	8
Net income available to Genworth Financial, Inc.'s common stockholders		$ 181	$ 240	$ 330	$ 427
Income from continuing operations available to Genworth Financial, Inc.‘s common stockholders per share:
Basic		$ 0.36	$ 0.48	$ 0.65	$ 0.83
Diluted		0.36	0.47	0.65	0.82
Net income available to Genworth Financial, Inc.'s common stockholders per share:
Basic	[1]	0.36	0.47	0.65	0.84
Diluted	[1]	$ 0.35	$ 0.47	$ 0.64	$ 0.83
Weighted-average common shares outstanding:
Basic		509	507	508.6	506.5
Diluted		514.2	515	515.8	514.4
[1]May not total due to whole number calculation.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net income	$ 219	$ 240	$ 398	$ 435
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities without an allowance for credit losses	(2,432)	(58)	(3,483)	(380)
Net unrealized gains (losses) on securities with an allowance for credit losses	0	4	0	6
Derivatives qualifying as hedges	(344)	211	(580)	(208)
Foreign currency translation and other adjustments	(7)	2	(12)	138
Total other comprehensive income (loss)	(2,783)	159	(4,075)	(444)
Total comprehensive income (loss)	(2,564)	399	(3,677)	(9)
Less: comprehensive income (loss) attributable to noncontrolling interests	10	0	(1)	155
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders	$ (2,574)	$ 399	$ (3,676)	$ (164)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Millions	Total	Common stock	Additional paid-in capital	Accumulated other comprehensive income (loss)	Retained earnings	Treasury stock, at cost	Total Genworth Financial, Inc.‘s stockholders' equity	Noncontrolling interests
Balances, beginning at Dec. 31, 2020	$ 15,820	$ 1	$ 12,008	$ 4,425	$ 1,584	$ (2,700)	$ 15,318	$ 502
Sale of business that included noncontrolling interests	(657)	0	0	0	0	0	0	(657)
Comprehensive income (loss):
Net income	435	0	0	0	427	0	427	8
Other comprehensive income (loss), net of taxes	(444)	0	0	(591)	0	0	(591)	147
Total comprehensive income (loss)	(9)						(164)	155
Stock-based compensation expense and exercises and other	10	0	10	0	0	0	10	0
Balances, ending at Jun. 30, 2021	15,164	1	12,018	3,834	2,011	(2,700)	15,164	0
Balances, beginning at Mar. 31, 2021	14,758	1	12,011	3,675	1,771	(2,700)	14,758	0
Comprehensive income (loss):
Net income	240	0	0	0	240	0	240	0
Other comprehensive income (loss), net of taxes	159	0	0	159	0	0	159	0
Total comprehensive income (loss)	399						399	0
Stock-based compensation expense and exercises and other	7	0	7	0	0	0	7	0
Balances, ending at Jun. 30, 2021	15,164	1	12,018	3,834	2,011	(2,700)	15,164	0
Balances, beginning at Dec. 31, 2021	16,266	1	11,858	3,861	2,490	(2,700)	15,510	756
Comprehensive income (loss):
Net income	398	0	0	0	330	0	330	68
Other comprehensive income (loss), net of taxes	(4,075)	0	0	(4,006)	0	0	(4,006)	(69)
Total comprehensive income (loss)	(3,677)						(3,676)	(1)
Treasury stock acquired in connection with share repurchases	(15)	0	0	0	0	(15)	(15)	0
Dividends to noncontrolling interests	(4)	0	0	0	0	0	0	(4)
Stock-based compensation expense and exercises and other	1	0	1	0	0	0	1	0
Balances, ending at Jun. 30, 2022	12,571	1	11,859	(145)	2,820	(2,715)	11,820	751
Balances, beginning at Mar. 31, 2022	15,152	1	11,857	2,610	2,639	(2,700)	14,407	745
Comprehensive income (loss):
Net income	219	0	0	0	181	0	181	38
Other comprehensive income (loss), net of taxes	(2,783)	0	0	(2,755)	0	0	(2,755)	(28)
Total comprehensive income (loss)	(2,564)						(2,574)	10
Treasury stock acquired in connection with share repurchases	(15)	0	0	0	0	(15)	(15)	0
Dividends to noncontrolling interests	(4)	0	0	0	0	0	0	(4)
Stock-based compensation expense and exercises and other	2	0	2	0	0	0	2	0
Balances, ending at Jun. 30, 2022	$ 12,571	$ 1	$ 11,859	$ (145)	$ 2,820	$ (2,715)	$ 11,820	$ 751

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from (used by) operating activities:
Net income	$ 398	$ 435
Less (income) loss from discontinued operations, net of taxes	3	(16)
Adjustments to reconcile net income to net cash from operating activities:
Amortization of fixed maturity securities discounts and premiums	(84)	(80)
Net investment (gains) losses	(36)	(103)
Charges assessed to policyholders	(292)	(317)
Acquisition costs deferred	(1)	(3)
Amortization of deferred acquisition costs and intangibles	176	163
Deferred income taxes	128	132
Derivative instruments, limited partnerships and other	(163)	(189)
Stock-based compensation expense	20	25
Change in certain assets and liabilities:
Accrued investment income and other assets	(70)	(69)
Insurance reserves	494	507
Current tax liabilities	0	(4)
Other liabilities, policy and contract claims and other policy-related balances	(205)	(60)
Cash used by operating activities—discontinued operations	(31)	(192)
Net cash from operating activities	337	229
Cash flows from (used by) investing activities:
Fixed maturity securities	1,495	2,220
Commercial mortgage loans	314	392
Limited partnerships and other invested assets	99	107
Proceeds from sales of investments:
Fixed maturity and equity securities	1,302	1,306
Purchases and originations of investments:
Fixed maturity and equity securities	(1,800)	(2,868)
Commercial mortgage loans	(568)	(531)
Limited partnerships and other invested assets	(297)	(240)
Short-term investments, net	(24)	(76)
Policy loans, net	14	28
Proceeds from sale of business, net of cash transferred	0	270
Cash used by investing activities—discontinued operations	0	(67)
Net cash from investing activities	535	541
Cash flows from (used by) financing activities:
Deposits to universal life and investment contracts	314	349
Withdrawals from universal life and investment contracts	(779)	(1,143)
Repayment and repurchase of long-term debt	(130)	(484)
Dividends paid to noncontrolling interests	(4)	0
Treasury stock acquired in connection with share repurchases	(15)	0
Other, net	(105)	65
Net cash used by financing activities	(719)	(1,213)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $— and $(1) related to discontinued operations)	0	1
Net change in cash, cash equivalents and restricted cash	153	(442)
Cash, cash equivalents and restricted cash at beginning of period	1,571	2,656
Cash, cash equivalents and restricted cash at end of period	1,724	2,214
Less cash, cash equivalents and restricted cash of discontinued operations at end of period	0	0
Cash, cash equivalents and restricted cash of continuing operations at end of period	$ 1,724	$ 2,214

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Statement of Cash Flows [Abstract]
Discontinued operations exchange rate effect	$ 0	$ (1)

Formation of Genworth and Basis

Formation of Genworth and Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Formation of Genworth and Basis of Presentation	(1) Formation of Genworth and Basis of Presentation Genworth Holdings, Inc. (“Genworth Holdings”) (formerly known as Genworth Financial, Inc.) was incorporated in Delaware in 2003 in preparation for an initial public offering (“IPO”) of its common stock, which was completed on May 28, 2004. On April 1, 2013, Genworth Holdings completed a holding company reorganization pursuant to which Genworth Holdings became a direct, 100% owned subsidiary of a new public holding company that it had formed. The new public holding company was incorporated in Delaware on December 5, 2012, in connection with the reorganization, and was renamed Genworth Financial, Inc. (“Genworth Financial”) upon the completion of the reorganization. The accompanying unaudited condensed financial statements include on a consolidated basis the accounts of Genworth Financial and its affiliate companies in which it holds a majority voting interest or power to direct activities of certain variable interest entities (“VIE”), which on a consolidated basis is referred to as “Genworth,” the “Company,” “we,” “us” or “our” unless the context otherwise requires. All intercompany accounts and transactions have been eliminated in consolidation. References to “Genworth Financial” refer solely to Genworth Financial, Inc., and not to any of its consolidated subsidiaries. We operate our business through the following three operating segments: • Enact. • U.S. Life Insurance. • Runoff. In addition to our three operating business segments, we also have Corporate and Other activities which include debt financing expenses that are incurred at the Genworth Holdings level, unallocated corporate income and expenses, eliminations of inter-segment transactions and the results of other businesses that are reported outside of our operating segments, including certain international mortgage insurance businesses and discontinued operations. The accompanying condensed consolidated financial statements are unaudited and have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Preparing financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect reported amounts and related disclosures. Actual results could differ from those estimates. These unaudited condensed consolidated financial statements include all adjustments (including normal recurring adjustments) considered necessary by management to present a fair statement of the financial position, results of operations and cash flows for the periods presented. The results reported in these unaudited condensed consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. The unaudited condensed consolidated financial statements included herein should be read in conjunction with the audited consolidated financial statements and related notes contained in our 2021 Annual Report on Form 10-K. On May 2, 2022, Genworth Financial’s Board of Directors authorized a share repurchase program under which Genworth Financial may repurchase up to $350 million of its outstanding Class A common stock. Pursuant to the program, in the second quarter of 2022, Genworth Financial repurchased 3,869,494 shares of its common stock at an average price of $3.88 per share for a total cash outlay of $15 million, including costs paid in connection with acquiring the shares. The repurchased shares were recorded at cost and presented as treasury stock in a separate caption in equity in our consolidated balance sheet. Genworth Financial also 10b5-1 shares of its common stock were repurchased during July 2022 at an average price of future

Accounting Changes

Accounting Changes	6 Months Ended
	Jun. 30, 2022
Disclosue of Accounting Changes [Abstract]
Accounting Changes	(2) Accounting Changes Accounting Pronouncements Recently Adopted On April 1, 2022, we elected to early adopt new accounting guidance related to troubled debt restructurings and the vintage disclosures included within the accounting guidance for credit losses on financial instruments. The guidance eliminates the recognition and measurement requirements for troubled debt restructurings and requires creditors to instead apply existing guidance related to loan refinancing and restructuring to determine whether a modification results in a new loan or a continuation of an existing loan. The guidance also expands disclosures for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty and requires the presentation of gross write-offs by year of origination. We were permitted to early adopt this new accounting guidance as we adopted the accounting guidance related to credit losses on financial instruments on January 1, 2020. In accordance with the new accounting guidance, we adopted this guidance prospectively as of January 1, 2022; therefore, the guidance did not have any impact at adoption. Accounting Pronouncements Not Yet Adopted In June 2022, the Financial Accounting Standards Board (the “FASB”) issued new accounting guidance related to the fair value measurement of equity securities subject to contractual sale restrictions. The guidance clarifies existing fair value guidance on measuring the fair value of an equity security subject to contractual sale restrictions and adds new disclosures related to these securities. This guidance is currently effective for us on January 1, 2024 using the prospective method, with early adoption permitted. We do not expect a significant impact from this guidance on our condensed consolidated financial statements and disclosures. In August 2018, the FASB issued new accounting guidance that significantly changes the recognition and measurement of long-duration insurance contracts and expands disclosure requirements, which impacts deferred acquisition costs (“DAC”) and liabilities in our U.S. life insurance companies. In accordance with the guidance, the more significant changes include: • assumptions will no longer be locked-in at contract inception and all cash flow assumptions used to estimate the liability for future policy benefits (except the discount rate) will be reviewed at least annually in the same period each year or more frequently if actual experience indicates a change is required. Changes will be recorded in net income (loss) using a retrospective approach with a cumulative catch-up adjustment by recalculating the net premium ratio (which will be capped at 100%) using actual historical and updated future cash flow assumptions; • the discount rate used to determine the liability for future policy benefits will be a current upper-medium grade (low credit risk) fixed-income instrument yield, which is generally interpreted to mean a single-A • the provision for adverse deviation and the premium deficiency test will be eliminated; • market risk benefits associated with deposit-type contracts will be measured at fair value with changes related to instrument-specific credit risk recorded in other comprehensive income (loss) and remaining changes recorded in net income (loss); • the amortization method for DAC will generally be on a straight-line basis over the expected contract term; and • disclosures will be greatly expanded to include significant assumptions and product liability rollforwards. This guidance is effective for us on January 1, 2023 using the modified retrospective method (with transition adjustments as of January 1, 2021) for all topics except for market risk benefits, which is required to be applied using the retrospective method, with early adoption permitted, which we do not intend to elect. Our implementation efforts continue to progress and corporate governance has been established to support the implementation of this new standard. We remain focused on obtaining necessary data, modifying systems, identifying and developing key inputs and assumptions and establishing policies, systems and internal controls necessary to implement this new accounting guidance. Given the nature and extent of the changes, this guidance is expected to have a significant impact on our condensed consolidated financial statements and disclosures. The requirement to remeasure the liability for future policy benefits using an updated single-A single-A

Earnings (Loss) Per Share

Earnings (Loss) Per Share	6 Months Ended
	Jun. 30, 2022
Earnings (Loss) Per Share	(3) Earnings (Loss) Per Share Basic and diluted earnings (loss) per share are calculated by dividing each income (loss) category presented below by the weighted-average basic and diluted common shares outstanding for the periods indicated: Three months ended Six months ended (Amounts in millions, except per share amounts) 2022 2021 2022 2021 Weighted-average shares used in basic earnings per share calculations 509.0 507.0 508.6 506.5 Potentially dilutive securities: Stock options, restricted stock units and other equity-based awards 5.2 8.0 7.2 7.9 Weighted-average shares used in diluted earnings per share calculations 514.2 515.0 515.8 514.4 Income from continuing operations: Income from continuing operations $ 220 $ 245 $ 401 $ 419 Less: net income from continuing operations attributable to noncontrolling interests 38 — 68 — Income from continuing operations available to Genworth Financial, Inc.’s common stockholders $ 182 $ 245 $ 333 $ 419 Basic per share $ 0.36 $ 0.48 $ 0.65 $ 0.83 Diluted per share $ 0.36 $ 0.47 $ 0.65 $ 0.82 Income (loss) from discontinued operations: Income (loss) from discontinued operations, net of taxes $ (1 ) $ (5 ) $ (3 ) $ 16 Less: net income from discontinued operations attributable to noncontrolling interests — — — 8 Income (loss) from discontinued operations available to Genworth Financial, Inc.’s common stockholders $ (1 ) $ (5 ) $ (3 ) $ 8 Basic per share $ — $ (0.01 ) $ (0.01 ) $ 0.02 Diluted per share $ — $ (0.01 ) $ (0.01 ) $ 0.02 Net income: Income from continuing operations $ 220 $ 245 $ 401 $ 419 Income (loss) from discontinued operations, net of taxes (1 ) (5 ) (3 ) 16 Net income 219 240 398 435 Less: net income attributable to noncontrolling interests 38 — 68 8 Net income available to Genworth Financial, Inc.’s common stockholders $ 181 $ 240 $ 330 $ 427 Basic per share (1) $ 0.36 $ 0.47 $ 0.65 $ 0.84 Diluted per share (1) $ 0.35 $ 0.47 $ 0.64 $ 0.83 (1) May not total due to whole number calculation.

Investments

Investments	6 Months Ended
	Jun. 30, 2022
Investments	(4) Investments (a) Net Investment Income Sources of net investment income were as follows for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Fixed maturity securities—taxable $ 578 $ 608 $ 1,158 $ 1,207 Fixed maturity securities—non-taxable 1 1 2 3 Equity securities 2 2 4 5 Commercial mortgage loans 78 103 159 181 Policy loans 51 40 101 90 Limited partnerships 32 54 39 85 Other invested assets 66 58 129 116 Cash, cash equivalents, restricted cash and short-term investments 1 — 1 — Gross investment income before expenses and fees 809 866 1,593 1,687 Expenses and fees (22 ) (22 ) (42 ) (42 ) Net investment income $ 787 $ 844 $ 1,551 $ 1,645 (b) Net Investment Gains (Losses) The following table sets forth net investment gains (losses) for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Realized investment gains (losses): Available-for-sale fixed maturity securities: Realized gains $ 5 $ 5 $ 15 $ 12 Realized losses (9 ) (4 ) (27 ) (7 ) Net realized gains (losses) on available-for-sale (4 ) 1 (12 ) 5 Net realized gains (losses) on equity securities sold — (2 ) — (7 ) Net realized gains (losses) on limited partnerships — — — 3 Total net realized investment gains (losses) (4 ) (1 ) (12 ) 1 Net change in allowance for credit losses on available-for-sale — (4 ) — (6 ) Write-down of available-for-sale (1) — — (2 ) (1 ) Net unrealized gains (losses) on equity securities still held (27 ) 6 (33 ) (2 ) Net unrealized gains (losses) on limited partnerships 24 65 59 99 Commercial mortgage loans 2 (1 ) 3 (2 ) Derivative instruments (2) 9 4 13 12 Other 4 1 8 2 Net investment gains (losses) $ 8 $ 70 $ 36 $ 103 (1) Represents write-down of securities deemed uncollectible or that we intend to sell or will be required to sell prior to recovery of the amortized cost basis. (2) See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses). See Note 2—Summary of Significant Accounting Policies included in the Notes to Consolidated Financial Statements in our 2021 Annual Report on Form 10-K available-for-sale available-for-sale available-for-sale (Amounts in millions) Beginning Increase from Increase Securities Decrease Write-offs Recoveries Ending Fixed maturity securities: Non-U.S. corporate $ 3 $ — $ 4 $ (7 ) $ — $ — $ — $ — Total available-for-sale fixed maturity securities $ 3 $ — $ 4 $ (7 ) $ — $ — $ — $ — The following table represents the allowance for credit losses aggregated by security type for available-for-sale (Amounts in millions) Beginning Increase from Increase Securities Decrease Write-offs Recoveries Ending Fixed maturity securities: Non-U.S. corporate $ 1 $ — $ 6 $ (7 ) $ — $ — $ — $ — Commercial mortgage-backed 3 — — — — (3 ) — — Total available-for-sale fixed maturity securities $ 4 $ — $ 6 $ (7 ) $ — $ (3 ) $ — $ — (c) Unrealized Investment Gains and Losses Net unrealized gains and losses on available-for-sale (Amounts in millions) June 30, 2022 December 31, 2021 Net unrealized gains (losses) on fixed maturity securities without an allowance for credit losses (1) $ (1,961 ) $ 7,869 Net unrealized gains (losses) on fixed maturity securities with an allowance for credit losses (1) — — Adjustments to DAC, present value of future profits, sales inducements, benefit reserves and policyholder contract balances (17 ) (5,487 ) Income taxes, net 370 (507 ) Net unrealized investment gains (losses) (1,608 ) 1,875 Less: net unrealized investment gains (losses) attributable to noncontrolling interests (54 ) 15 Net unrealized investment gains (losses) attributable to Genworth Financial, Inc. $ (1,554 ) $ 1,860 (1) Excludes foreign exchange. The change in net unrealized gains (losses) on available-for-sale As of or for the (Amounts in millions) 2022 2021 Beginning balance $ 850 $ 1,919 Unrealized gains (losses) arising during the period: Unrealized gains (losses) on fixed maturity securities (4,713 ) 1,774 Adjustment to deferred acquisition costs 1,082 42 Adjustment to present value of future profits 80 1 Adjustment to sales inducements 2 2 Adjustment to benefit reserves 519 (1,887 ) Provision for income taxes 594 14 Change in unrealized gains (losses) on investment securities (2,436 ) (54 ) Reclassification adjustments to net investment (gains) losses, net of taxes of $(1) and $— 4 — Change in net unrealized investment gains (losses) (2,432 ) (54 ) Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests (28 ) — Ending balance $ (1,554 ) $ 1,865 As of or for the (Amounts in millions) 2022 2021 Beginning balance $ 1,860 $ 2,214 Unrealized gains (losses) arising during the period: Unrealized gains (losses) on fixed maturity securities (9,843 ) (1,609 ) Adjustment to deferred acquisition costs 1,319 (132 ) Adjustment to present value of future profits 81 2 Adjustment to sales inducements 24 5 Adjustment to benefit reserves 4,046 1,258 Provision for income taxes 880 106 Change in unrealized gains (losses) on investment securities (3,493 ) (370 ) Reclassification adjustments to net investment (gains) losses, net of taxes of $ 10 (4 ) Change in net unrealized investment gains (losses) (3,483 ) (374 ) Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests (69 ) (25 ) Ending balance $ (1,554 ) $ 1,865 The net unrealized losses on fixed maturity securities recognized during the three and six months ended June 30, 2022 was largely due to increasing interest rates and widening credit spreads. Amounts reclassified out of accumulated other comprehensive income (loss) to net investment gains (losses) include realized gains (losses) on sales of securities, which are determined on a specific identification basis. (d) Fixed Maturity Securities As of June 30, 2022, the amortized cost or cost, gross unrealized gains (losses), allowance for credit losses and fair value of our fixed maturity securities classified as available-for-sale (Amounts in millions) Amortized Gross Gross Allowance Fair value Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 3,387 $ 274 $ (34 ) $ — $ 3,627 State and political subdivisions 2,971 74 (196 ) — 2,849 Non-U.S. 762 17 (97 ) — 682 U.S. corporate: Utilities 4,253 135 (285 ) — 4,103 Energy 2,496 54 (173 ) — 2,377 Finance and insurance 7,947 126 (604 ) — 7,469 Consumer—non-cyclical 4,912 172 (292 ) — 4,792 Technology and communications 3,224 60 (260 ) — 3,024 Industrial 1,263 22 (98 ) — 1,187 Capital goods 2,326 77 (145 ) — 2,258 Consumer—cyclical 1,679 27 (125 ) — 1,581 Transportation 1,113 52 (61 ) — 1,104 Other 353 8 (13 ) — 348 Total U.S. corporate 29,566 733 (2,056 ) — 28,243 Non-U.S. Utilities 864 3 (57 ) — 810 Energy 1,123 36 (62 ) — 1,097 Finance and insurance 2,103 62 (153 ) — 2,012 Consumer—non-cyclical 630 4 (64 ) — 570 Technology and communications 1,007 10 (74 ) — 943 Industrial 903 21 (63 ) — 861 Capital goods 609 6 (50 ) — 565 Consumer—cyclical 314 — (29 ) — 285 Transportation 392 20 (22 ) — 390 Other 960 39 (50 ) — 949 Total non-U.S. 8,905 201 (624 ) — 8,482 Residential mortgage-backed 1,214 36 (37 ) — 1,213 Commercial mortgage-backed 2,272 7 (142 ) — 2,137 Other asset-backed 2,171 1 (119 ) — 2,053 Total available-for-sale fixed maturity securities $ 51,248 $ 1,343 $ (3,305 ) $ — $ 49,286 As of December 31, 2021, the amortized cost or cost, gross unrealized gains (losses), allowance for credit losses and fair value of our fixed maturity securities classified as available-for-sale (Amounts in millions) Amortized Gross Gross Allowance Fair Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 3,368 $ 1,184 $ — $ — $ 4,552 State and political subdivisions 2,982 474 (6 ) — 3,450 Non-U.S. 762 86 (13 ) — 835 U.S. corporate: Utilities 4,330 783 (9 ) — 5,104 Energy 2,581 363 (10 ) — 2,934 Finance and insurance 8,003 1,012 (24 ) — 8,991 Consumer—non-cyclical 5,138 1,029 (8 ) — 6,159 Technology and communications 3,345 476 (13 ) — 3,808 Industrial 1,322 175 (3 ) — 1,494 Capital goods 2,334 415 (4 ) — 2,745 Consumer—cyclical 1,703 203 (7 ) — 1,899 Transportation 1,122 249 — — 1,371 Other 379 41 (1 ) — 419 Total U.S. corporate 30,257 4,746 (79 ) — 34,924 Non-U.S. Utilities 867 63 (2 ) — 928 Energy 1,194 190 (1 ) — 1,383 Finance and insurance 2,171 270 (9 ) — 2,432 Consumer—non-cyclical 664 81 (2 ) — 743 Technology and communications 1,085 166 (1 ) — 1,250 Industrial 933 117 (3 ) — 1,047 Capital goods 640 66 (1 ) — 705 Consumer—cyclical 316 27 (2 ) — 341 Transportation 422 68 (1 ) — 489 Other 1,052 169 (4 ) — 1,217 Total non-U.S. 9,344 1,217 (26 ) — 10,535 Residential mortgage-backed 1,325 116 (1 ) — 1,440 Commercial mortgage-backed 2,435 152 (3 ) — 2,584 Other asset-backed 2,138 29 (7 ) — 2,160 Total available-for-sale fixed maturity securities $ 52,611 $ 8,004 $ (135 ) $ — $ 60,480 The following table presents the gross unrealized losses and fair values of our fixed maturity securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of June 30, 2022: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 797 $ (33 ) 49 $ 10 $ (1 ) 3 $ 807 $ (34 ) 52 State and political subdivisions 1,531 (193 ) 272 25 (3 ) 5 1,556 (196 ) 277 Non-U.S. 389 (73 ) 64 73 (24 ) 12 462 (97 ) 76 U.S. corporate 17,949 (1,896 ) 2,235 622 (160 ) 72 18,571 (2,056 ) 2,307 Non-U.S. 5,407 (558 ) 691 248 (66 ) 35 5,655 (624 ) 726 Residential mortgage-backed 474 (36 ) 121 4 (1 ) 5 478 (37 ) 126 Commercial mortgage-backed 1,882 (137 ) 265 42 (5 ) 6 1,924 (142 ) 271 Other asset-backed 1,798 (113 ) 319 78 (6 ) 19 1,876 (119 ) 338 Total for fixed maturity securities in an unrealized loss $ 30,227 $ (3,039 ) 4,016 $ 1,102 $ (266 ) 157 $ 31,329 $ (3,305 ) 4,173 % Below cost: <20% Below cost $ 28,164 $ (2,402 ) 3,756 $ 627 $ (101 ) 98 $ 28,791 $ (2,503 ) 3,854 20%-50% 2,063 (637 ) 260 475 (165 ) 59 2,538 (802 ) 319 Total for fixed maturity securities in an unrealized loss $ 30,227 $ (3,039 ) 4,016 $ 1,102 $ (266 ) 157 $ 31,329 $ (3,305 ) 4,173 Investment grade $ 28,568 $ (2,801 ) 3,763 $ 1,023 $ (241 ) 144 $ 29,591 $ (3,042 ) 3,907 Below investment grade 1,659 (238 ) 253 79 (25 ) 13 1,738 (263 ) 266 Total for fixed maturity securities in an unrealized loss $ 30,227 $ (3,039 ) 4,016 $ 1,102 $ (266 ) 157 $ 31,329 $ (3,305 ) 4,173 The following table presents the gross unrealized losses and fair values of our corporate securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of June 30, 2022: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities U.S. corporate: Utilities $ 2,176 $ (268 ) 301 $ 56 $ (17 ) 15 $ 2,232 $ (285 ) 316 Energy 1,534 (162 ) 205 53 (11 ) 6 1,587 (173 ) 211 Finance and insurance 5,276 (554 ) 637 183 (50 ) 17 5,459 (604 ) 654 Consumer—non-cyclical 2,657 (268 ) 284 76 (24 ) 7 2,733 (292 ) 291 Technology and communications 2,192 (227 ) 282 123 (33 ) 11 2,315 (260 ) 293 Industrial 805 (96 ) 101 11 (2 ) 1 816 (98 ) 102 Capital goods 1,340 (138 ) 162 24 (7 ) 4 1,364 (145 ) 166 Consumer—cyclical 1,107 (111 ) 156 73 (14 ) 7 1,180 (125 ) 163 Transportation 716 (60 ) 87 5 (1 ) 2 721 (61 ) 89 Other 146 (12 ) 20 18 (1 ) 2 164 (13 ) 22 Subtotal, U.S. corporate securities 17,949 (1,896 ) 2,235 622 (160 ) 72 18,571 (2,056 ) 2,307 Non-U.S. Utilities 596 (51 ) 63 21 (6 ) 3 617 (57 ) 66 Energy 608 (61 ) 65 4 (1 ) 1 612 (62 ) 66 Finance and insurance 1,282 (117 ) 190 144 (36 ) 16 1,426 (153 ) 206 Consumer—non-cyclical 480 (61 ) 51 8 (3 ) 4 488 (64 ) 55 Technology and communications 704 (74 ) 83 — — — 704 (74 ) 83 Industrial 475 (58 ) 68 16 (5 ) 2 491 (63 ) 70 Capital goods 428 (50 ) 54 — — — 428 (50 ) 54 Consumer—cyclical 236 (26 ) 38 19 (3 ) 4 255 (29 ) 42 Transportation 195 (22 ) 25 — — — 195 (22 ) 25 Other 403 (38 ) 54 36 (12 ) 5 439 (50 ) 59 Subtotal, non-U.S. 5,407 (558 ) 691 248 (66 ) 35 5,655 (624 ) 726 Total for corporate securities in an unrealized loss position $ 23,356 $ (2,454 ) 2,926 $ 870 $ (226 ) 107 $ 24,226 $ (2,680 ) 3,033 We did not recognize an allowance for credit losses on securities in an unrealized loss position included in the tables above. Based on a qualitative and quantitative review of the issuers of the securities, we believe the decline in fair value was largely due to increasing interest rates and widening credit spreads and was not indicative of credit losses. The issuers continue to make timely principal and interest payments. For all securities in an unrealized loss position without an allowance for credit losses, we expect to recover the amortized cost based on our estimate of the amount and timing of cash flows to be collected. We do not intend to sell nor do we expect that we will be required to sell these securities prior to recovering our amortized cost. The following table presents the gross unrealized losses and fair values of our fixed maturity securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of December 31, 2021: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities Fixed maturity securities: State and political subdivisions $ 339 $ (6 ) 67 $ — $ — — $ 339 $ (6 ) 67 Non-U.S. 173 (9 ) 28 19 (4 ) 1 192 (13 ) 29 U.S. corporate 2,593 (64 ) 266 196 (15 ) 22 2,789 (79 ) 288 Non-U.S. 912 (21 ) 124 62 (5 ) 8 974 (26 ) 132 Residential mortgage-backed 97 (1 ) 22 — — — 97 (1 ) 22 Commercial mortgage-backed 113 (2 ) 17 31 (1 ) 4 144 (3 ) 21 Other asset-backed 764 (7 ) 111 — — — 764 (7 ) 111 Total for fixed maturity securities in an unrealized loss position $ 4,991 $ (110 ) 635 $ 308 $ (25 ) 35 $ 5,299 $ (135 ) 670 % Below cost: <20% Below cost $ 4,991 $ (110 ) 635 $ 297 $ (20 ) 33 $ 5,288 $ (130 ) 668 20%-50% — — — 11 (5 ) 2 11 (5 ) 2 Total for fixed maturity securities in an unrealized loss position $ 4,991 $ (110 ) 635 $ 308 $ (25 ) 35 $ 5,299 $ (135 ) 670 Investment grade $ 4,644 $ (101 ) 587 $ 241 $ (12 ) 25 $ 4,885 $ (113 ) 612 Below investment grade 347 (9 ) 48 67 (13 ) 10 414 (22 ) 58 Total for fixed maturity securities in an unrealized loss position $ 4,991 $ (110 ) 635 $ 308 $ (25 ) 35 $ 5,299 $ (135 ) 670 The following table presents the gross unrealized losses and fair values of our corporate securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of December 31, 2021: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities U.S. corporate: Utilities $ 211 $ (7 ) 32 $ 29 $ (2 ) 7 $ 240 $ (9 ) 39 Energy 166 (3 ) 18 25 (7 ) 4 191 (10 ) 22 Finance and insurance 960 (22 ) 89 62 (2 ) 3 1,022 (24 ) 92 Consumer—non-cyclical 296 (7 ) 30 14 (1 ) 2 310 (8 ) 32 Technology and communications 378 (12 ) 37 29 (1 ) 2 407 (13 ) 39 Industrial 143 (3 ) 18 — — — 143 (3 ) 18 Capital goods 171 (3 ) 16 18 (1 ) 2 189 (4 ) 18 Consumer—cyclical 268 (7 ) 26 — — — 268 (7 ) 26 Other — — — 19 (1 ) 2 19 (1 ) 2 Subtotal, U.S. corporate securities 2,593 (64 ) 266 196 (15 ) 22 2,789 (79 ) 288 Non-U.S. Utilities 69 (2 ) 9 — — — 69 (2 ) 9 Energy 64 (1 ) 10 — — — 64 (1 ) 10 Finance and insurance 366 (8 ) 43 18 (1 ) 2 384 (9 ) 45 Consumer—non-cyclical 67 (1 ) 12 6 (1 ) 1 73 (2 ) 13 Technology and communications 48 (1 ) 8 — — — 48 (1 ) 8 Industrial 122 (3 ) 14 — — — 122 (3 ) 14 Capital goods 78 (1 ) 8 — — — 78 (1 ) 8 Consumer—cyclical 22 (1 ) 8 15 (1 ) 3 37 (2 ) 11 Transportation 37 (1 ) 7 — — — 37 (1 ) 7 Other 39 (2 ) 5 23 (2 ) 2 62 (4 ) 7 Subtotal, non-U.S. 912 (21 ) 124 62 (5 ) 8 974 (26 ) 132 Total for corporate securities in an unrealized loss position $ 3,505 $ (85 ) 390 $ 258 $ (20 ) 30 $ 3,763 $ (105 ) 420 The scheduled maturity distribution of fixed maturity securities as of June 30, 2022 is set forth below. Actual maturities may differ from contractual maturities because issuers of securities may have the right to call or prepay obligations with or without call or prepayment penalties. (Amounts in millions) Amortized Fair Due one year or less $ 1,310 $ 1,314 Due after one year through five years 8,078 7,958 Due after five years through ten years 13,602 12,765 Due after ten years 22,601 21,846 Subtotal 45,591 43,883 Residential mortgage-backed 1,214 1,213 Commercial mortgage-backed 2,272 2,137 Other asset-backed 2,171 2,053 Total $ 51,248 $ 49,286 As of June 30, 2022, securities issued by finance and insurance, consumer—non-cyclical, As of June 30, 2022, we did not hold any fixed maturity securities in any single issuer, other than securities issued or guaranteed by the U.S. government, which exceeded 10% of stockholders’ equity. (e) Commercial Mortgage Loans Our mortgage loans are collateralized by commercial properties, including multi-family residential buildings. The carrying value of commercial mortgage loans is stated at original cost net of principal payments, amortization and allowance for credit losses. We diversify our commercial mortgage loans by both property type and geographic region. The following tables set forth the distribution across property type and geographic region for commercial mortgage loans as of the dates indicated: June 30, 2022 December 31, 2021 (Amounts in millions) Carrying % of total Carrying % of total Property type: Retail $ 2,901 41 % $ 2,774 40 % Industrial 1,532 22 1,420 21 Office 1,512 21 1,526 22 Apartments 578 8 585 9 Mixed use 350 5 330 5 Other 215 3 221 3 Subtotal 7,088 100 % 6,856 100 % Allowance for credit losses (23 ) (26 ) Total $ 7,065 $ 6,830 June 30, 2022 December 31, 2021 (Amounts in millions) Carrying % of total Carrying % of total Geographic region: South Atlantic $ 1,816 26 % $ 1,770 26 % Pacific 1,391 20 1,360 20 Middle Atlantic 990 14 964 14 Mountain 967 14 892 13 West South Central 556 8 483 7 East North Central 469 6 465 7 West North Central 462 6 461 7 East South Central 227 3 224 3 New England 210 3 237 3 Subtotal 7,088 100 % 6,856 100 % Allowance for credit losses (23 ) (26 ) Total $ 7,065 $ 6,830 As of June 30, 2022, we had no commercial mortgage loans past due or on non-accrual non-accrual non-accrual 10-K. During the six months ended June 30, 2022, we did not have any loan modifications or extensions associated with borrowers experiencing financial difficulty that resulted in the consideration of whether to establish a new loan or to continue accounting for the modification or extension under the existing loan. During the year ended December 31, 2021, prior to the adoption of new accounting guidance related to troubled debt restructurings, we did not have any modifications or extensions that were considered troubled debt restructurings. The following table sets forth the allowance for credit losses related to commercial mortgage loans as of or for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Allowance for credit losses: Beginning balance $ 25 $ 32 $ 26 $ 31 Provision (3 ) 1 (4 ) 2 Write-offs — — — — Recoveries 1 — 1 — Ending balance $ 23 $ 33 $ 23 $ 33 In evaluating the credit quality of commercial mortgage loans, we assess the performance of the underlying loans using both quantitative and qualitative criteria. Certain risks associated with commercial mortgage loans can be evaluated by reviewing both the debt-to-value debt-to-value debt-to-value one-time non-recurring The following tables set forth commercial mortgage loans by year of origination and credit quality indicator as of June 30, 2022: (Amounts in millions) 2022 2021 2020 2019 2018 2017 and Total Debt-to-value: 0%—50% $ 2 $ 25 $ 72 $ 62 $ 165 $ 2,062 $ 2,388 51%—60% 31 37 33 178 293 934 1,506 61%—75% 532 875 414 482 394 497 3,194 76%—100% — — — — — — — Greater than 100% — — — — — — — Total amortized cost $ 565 $ 937 $ 519 $ 722 $ 852 $ 3,493 $ 7,088 Debt service coverage ratio: Less than 1.00 $ — $ — $ 10 $ 19 $ 40 $ 114 $ 183 1.00—1.25 13 2 69 72 74 296 526 1.26—1.50 138 117 31 166 133 318 903 1.51—2.00 368 716 217 268 425 1,248 3,242 Greater than 2.00 46 102 192 197 180 1,517 2,234 Total amortized cost $ 565 $ 937 $ 519 $ 722 $ 852 $ 3,493 $ 7,088 The following tables set forth the debt-to-value June 30, 2022 (Amounts in millions) 0%—50% 51%—60% 61%—75% 76%—100% Greater Total Property type: Retail $ 838 $ 598 $ 1,465 $ — $ — $ 2,901 Industrial 720 229 583 — — 1,532 Office 472 389 651 — — 1,512 Apartments 184 96 298 — — 578 Mixed use 118 74 158 — — 350 Other 56 120 39 — — 215 Total amortized cost $ 2,388 $ 1,506 $ 3,194 $ — $ — $ 7,088 % of total 34 % 21 % 45 % — % — % 100 % Weighted-average debt service coverage ratio 2.34 1.88 1.61 — — 1.91 December 31, 2021 (Amounts in millions) 0%—50% 51%—60% 61%—75% 76%—100% Greater than Total Property type: Retail $ 853 $ 611 $ 1,310 $ — $ — $ 2,774 Industrial 745 240 435 — — 1,420 Office 505 395 604 — 22 1,526 Apartments 200 102 283 — — 585 Mixed use 120 70 140 — — 330 Other 57 121 43 — — 221 Total amortized cost $ 2,480 $ 1,539 $ 2,815 $ — $ 22 $ 6,856 % of total 36 % 23 % 41 % — % — % 100 % Weighted-average debt service coverage ratio 2.36 1.83 1.61 — 0.68 1.93 The following tables set forth the debt service coverage ratio for fixed rate commercial mortgage loans by property type as of the dates indicated: June 30, 2022 (Amounts in millions) Less than 1.00 1.00—1.25 1.26—1.50 1.51—2.00 Greater Total Property type: Retail $ 94 $ 150 $ 429 $ 1,534 $ 694 $ 2,901 Industrial 6 76 134 663 653 1,532 Office 38 106 179 630 559 1,512 Apartments 17 62 84 239 176 578 Mixed use 23 31 40 137 119 350 Other 5 101 37 39 33 215 Total amortized cost $ 183 $ 526 $ 903 $ 3,242 $ 2,234 $ 7,088 % of total 3 % 7 % 13 % 46 % 31 % 100 % Weighted-average debt-to-value 60 % 60 % 63 % 61 % 44 % 56 % December 31, 2021 (Amounts in millions) Less than 1.00 1.00—1.25 1.26—1.50 1.51—2.00 Greater Total Property type: Retail $ 102 $ 166 $ 405 $ 1,375 $ 726 $ 2,774 Industrial 9 64 82 599 666 1,420 Office 67 109 167 593 590 1,526 Apartments 17 62 84 225 197 585 Mixed use 24 32 40 118 116 330 Other 4 126 13 48 30 221 Total amortized cost $ 223 $ 559 $ 791 $ 2,958 $ 2,325 $ 6,856 % of total 3 % 8 % 12 % 43 % 34 % 100 % Weighted-average debt-to-value 68 % 61 % 61 % 60 % 43 % 55 % (f) Limited Partnerships or Similar Entities Investments in limited partnerships or similar entities are generally considered VIEs when the equity group lacks sufficient financial control. Generally, these investments are limited partner or non-managing

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments	(5) Derivative Instruments Our business activities routinely deal with fluctuations in interest rates, equity prices, currency exchange rates and other asset and liability prices. We use derivative instruments to mitigate or reduce some of these risks. We have established policies for managing each of these risks, including prohibitions on derivatives market-making and other speculative derivatives activities. These policies require the use of derivative instruments in concert with other techniques to reduce or mitigate these risks. While we use derivatives to mitigate or reduce risks, certain derivatives do not meet the accounting requirements to be designated as hedging instruments and are denoted as “derivatives not designated as hedges” in the following disclosures. For derivatives that meet the accounting requirements to be designated as hedges, the following disclosures for these derivatives are denoted as “derivatives designated as hedges,” which include cash flow hedges. The following table sets forth our positions in derivative instruments as of the dates indicated: Derivative assets Derivative liabilities Fair value Fair value (Amounts in millions) Balance June 30, December 31, Balance June 30, December 31, Derivatives designated as hedges Cash flow hedges: Interest rate swaps Other invested assets $ 30 $ 364 Other liabilities $ 342 $ 26 Foreign currency swaps Other invested assets 17 6 Other liabilities — — Total cash flow hedges 47 370 342 26 Total derivatives designated as hedges 47 370 342 26 Derivatives not designated as hedges Equity index options Other invested assets 30 42 Other liabilities — — Financial futures Other invested assets — — Other liabilities — — Other foreign currency contracts Other invested assets — 2 Other liabilities — — GMWB embedded derivatives Reinsurance (1) 19 19 Policyholder (2) 277 271 Fixed index annuity embedded derivatives Other assets — — Policyholder (3) 233 294 Indexed universal life embedded derivatives Reinsurance — — Policyholder (4) 16 25 Total derivatives not designated as hedges 49 63 526 590 Total derivatives $ 96 $ 433 $ 868 $ 616 (1) Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities. (2) Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. (3) Represents the embedded derivatives associated with our fixed index annuity liabilities. (4) Represents the embedded derivatives associated with our indexed universal life liabilities. The fair value of derivative positions presented above was not offset by the respective collateral amounts received or provided under these agreements. The activity associated with derivative instruments can generally be measured by the change in notional value over the periods presented. However, for GMWB embedded derivatives, fixed index annuity embedded derivatives and indexed universal life embedded derivatives, the change between periods is best illustrated by the number of policies. The following tables represent activity associated with derivative instruments as of the dates indicated: (Notional in millions) Measurement December 31, Additions Maturities/ June 30, Derivatives designated as hedges Cash flow hedges: Interest rate swaps Notional $ 7,653 $ 262 $ (102 ) $ 7,813 Foreign currency swaps Notional 127 — — 127 Total cash flow hedges 7,780 262 (102 ) 7,940 Total derivatives designated as hedges 7,780 262 (102 ) 7,940 Derivatives not designated as hedges Equity index options Notional 1,446 495 (628 ) 1,313 Financial futures Notional 946 1,973 (1,969 ) 950 Other foreign currency contracts Notional 83 — (83 ) — Total derivatives not designated as hedges 2,475 2,468 (2,680 ) 2,263 Total derivatives $ 10,255 $ 2,730 $ (2,782 ) $ 10,203 (Number of policies) Measurement December 31, Additions Maturities/ June 30, Derivatives not designated as hedges GMWB embedded derivatives Policies 21,804 — (906 ) 20,898 Fixed index annuity embedded derivatives Policies 9,344 — (1,055 ) 8,289 Indexed universal life embedded derivatives Policies 806 — (20 ) 786 Cash Flow Hedges Certain derivative instruments are designated as cash flow hedges. The changes in fair value of these instruments are recorded as a component of other comprehensive income (loss) (“OCI”). We designate and account for the following as cash flow hedges when they have met the effectiveness requirements: (i) various types of interest rate swaps to convert floating rate investments to fixed rate investments; (ii) various types of interest rate swaps to convert floating rate liabilities into fixed rate liabilities; (iii) receive U.S. dollar fixed on foreign currency swaps to hedge the foreign currency cash flow exposure of foreign currency denominated investments; (iv) forward starting interest rate swaps to hedge against changes in interest rates associated with future fixed rate bond purchases and/or interest income; and (v) other instruments to hedge the cash flows of various forecasted transactions. The following table provides information about the pre-tax income effects of cash flow hedges for the three months ended June 30, 2022: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) Classification of gain Interest rate swaps hedging assets $ (405 ) $ 57 Net investment $ — Net investment Interest rate swaps hedging liabilities — (1 ) Interest expense — Net investment Foreign currency swaps 14 — Net investment — Net investment Total $ (391 ) $ 56 $ — The following table provides information about the pre-tax income effects of cash flow hedges for the three months ended June 30, 2021: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) Classification of gain Interest rate swaps hedging assets $ 314 $ 52 Net investment $ — Net investment Interest rate swaps hedging liabilities (8 ) — Interest expense — Net investment Foreign currency swaps 3 — Net investment — Net investment Total $ 309 $ 52 $ — The following table provides information about the pre-tax income effects of cash flow hedges for the six months ended June 30, 2022: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) Classification of gain Interest rate swaps hedging assets $ (655 ) $ 112 Net investment $ — Net investment Interest rate swaps hedging assets — 2 Net investment — Net investment Interest rate swaps hedging liabilities — (2 ) Interest expense — Net investment Foreign currency swaps 12 1 Net investment — Net investment Total $ (643 ) $ 113 $ — The following table provides information about the pre-tax income effects of cash flow hedges for the six months ended June 30, 2021: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) Classification of gain Interest rate swaps hedging assets $ (215 ) $ 104 Net investment $ — Net investment Interest rate swaps hedging liabilities 36 — Interest expense — Net investment Foreign currency swaps 1 — Net investment — Net investment Total $ (178 ) $ 104 $ — The following tables provide a reconciliation of current period changes, net of applicable income taxes, for these designated derivatives presented in the separate component of stockholders’ equity labeled “derivatives qualifying as hedges,” for the periods indicated: Three months (Amounts in millions) 2022 2021 Derivatives qualifying as effective accounting hedges as of April 1 $ 1,789 $ 1,792 Current period increases (decreases) in fair value, net of deferred taxes of $84 and $(64) (307 ) 245 Reclassification to net (income), net of deferred taxes of $19 and $18 (37 ) (34 ) Derivatives qualifying as effective accounting hedges as of June 30 $ 1,445 $ 2,003 Six months ended (Amounts in millions) 2022 2021 Derivatives qualifying as effective accounting hedges as of January 1 $ 2,025 $ 2,211 Current period increases (decreases) in fair value, net of deferred taxes of $137 and $38 (506 ) (140 ) Reclassification to net (income), net of deferred taxes of $39 and $36 (74 ) (68 ) Derivatives qualifying as effective accounting hedges as of June 30 $ 1,445 $ 2,003 The total of derivatives designated as cash flow hedges of $1,445 million, net of taxes, recorded in stockholders’ equity as of June 30, 2022 is expected to be reclassified to net income in the future, concurrently with and primarily offsetting changes in interest expense and interest income on floating rate instruments and occurring. Derivatives Not Designated As Hedges We also enter into certain non-qualifying The following tables provide the pre-tax Three months ended Classification of gain (loss) recognized in net income (Amounts in millions) 2022 2021 Interest rate swaps $ — $ (1 ) Net investment gains (losses) Equity index options (1 ) 6 Net investment gains (losses) Financial futures 17 8 Net investment gains (losses) GMWB embedded derivatives (26 ) 2 Net investment gains (losses) Fixed index annuity embedded derivatives 11 (14 ) Net investment gains (losses) Indexed universal life embedded derivatives 8 3 Net investment gains (losses) Total derivatives not designated as hedges $ 9 $ 4 Six months ended Classification of gain (loss) recognized in net income (Amounts in millions) 2022 2021 Interest rate swaps $ — $ 3 Net investment gains (losses) Equity index options (7 ) 9 Net investment gains (losses) Financial futures (30 ) (102 ) Net investment gains (losses) GMWB embedded derivatives 6 107 Net investment gains (losses) Fixed index annuity embedded derivatives 23 (18 ) Net investment gains (losses) Indexed universal life embedded derivatives 19 13 Net investment gains (losses) Total derivatives not designated as hedges $ 11 $ 12 Derivative Counterparty Credit Risk Most of our derivative arrangements with counterparties require the posting of collateral upon meeting certain net exposure thresholds. The following table presents additional information about derivative assets and liabilities subject to an enforceable master netting arrangement as of the dates indicated:​​​​​​​ June 30, 2022 December 31, 2021 (Amounts in millions) Derivative (1) Derivative (1) Net Derivative (1) Derivative (1) Net Amounts presented in the balance sheet: Gross amounts recognized $ 77 $ 342 $ (265 ) $ 414 $ 26 $ 388 Gross amounts offset in the balance sheet — — — — — — Net amounts presented in the balance sheet 77 342 (265 ) 414 26 388 Gross amounts not offset in the balance sheet: Financial instruments (2) (24 ) (24 ) — (20 ) (20 ) — Collateral received (41 ) — (41 ) (308 ) — (308 ) Collateral pledged — (825 ) 825 — (536 ) 536 Over collateralization — 507 (507 ) 2 530 (528 ) Net amount $ 12 $ — $ 12 $ 88 $ — $ 88 (1) Does not include amounts related to embedded derivatives as of June 30, 2022 and December 31, 2021. (2) Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2022
Fair Value of Financial Instruments	(6) Fair Value of Financial Instruments Recurring Fair Value Measurements We have fixed maturity securities, equity securities, limited partnerships, derivatives, short-term investments, embedded derivatives, separate account assets and certain other financial instruments, which are carried at fair value. Below is a description of the valuation techniques and inputs used to determine fair value by class of instrument. Fixed maturity, short-term investments and equity securities The fair value of fixed maturity securities, short-term investments and equity securities are estimated primarily based on information derived from third-party pricing services (“pricing services”), internal models and/or broker quotes, which use a market approach, income approach or a combination of the market and income approach depending on the type of instrument and availability of information. In general, a market approach is utilized if there is readily available and relevant market activity for an individual security. In certain cases where market information is not available for a specific security but is available for similar securities, that security is valued using market information for similar securities, which is also a market approach. When market information is not available for a specific security (or similar securities) or is available but such information is less relevant or reliable, an income approach or a combination of a market and income approach is utilized. For securities with optionality, such as call or prepayment features (including mortgage-backed or asset-backed securities), an income approach may be used. In addition, a combination of the results from market and income approaches may be used to estimate fair value. These valuation techniques may change from period to period, based on the relevance and availability of market data. Further, while we consider the valuations provided by pricing services and broker quotes to be of high quality, management determines the fair value of our investment securities after considering all relevant and available information. In general, we first obtain valuations from pricing services. If prices are unavailable for public securities, we obtain broker quotes. For all securities, excluding certain private fixed maturity securities, if neither a pricing service nor broker quotes valuation is available, we determine fair value using internal models. For certain private fixed maturity securities where we do not obtain valuations from pricing services, we utilize an internal model to determine fair value since transactions for similar securities are not readily observable and these securities are not typically valued by pricing services. Given our understanding of the pricing methodologies and procedures of pricing services, the securities valued by pricing services are typically classified as Level 2 unless we determine the valuation process for a security or group of securities utilizes significant unobservable inputs, which would result in the valuation being classified as Level 3. Broker quotes are typically based on an income approach given the lack of available market data. As the valuation typically includes significant unobservable inputs, we classify the securities where fair value is based on our consideration of broker quotes as Level 3 measurements. For private fixed maturity securities, we utilize an income approach where we obtain public bond spreads and utilize those in an internal model to determine fair value. Other inputs to the model include rating and weighted-average life, as well as sector which is used to assign the spread. We then add an additional premium, which represents an unobservable input, to the public bond spread to adjust for the liquidity and other features of our private placements. We utilize the estimated market yield to discount the expected cash flows of the security to determine fair value. We utilize price caps for securities where the estimated market yield results in a valuation that may exceed the amount that would be received in a market transaction. When a security does not have an external rating, we assign the security an internal rating to determine the appropriate public bond spread that should be utilized in the valuation. While we generally consider the public bond spreads by sector and maturity to be observable inputs, we evaluate the similarities of our private placement with the public bonds, any price caps utilized, liquidity premiums applied, and whether external ratings are available for our private placements to determine whether the spreads utilized would be considered observable inputs. We classify private securities without an external rating or public bond spread as Level 3. In general, a significant increase (decrease) in credit spreads would have resulted in a significant decrease (increase) in the fair value for our fixed maturity securities as of June 30, 2022. For remaining securities priced using internal models, we determine fair value using an income approach. We maximize the use of observable inputs but typically utilize significant unobservable inputs to determine fair value. Accordingly, the valuations are typically classified as Level 3. Our assessment of whether or not there were significant unobservable inputs related to fixed maturity securities was based on our observations obtained through the course of managing our investment portfolio, including interaction with other market participants, observations related to the availability and consistency of pricing and/or rating, and understanding of general market activity such as new issuance and the level of secondary market trading for a class of securities. Additionally, we considered data obtained from pricing services to determine whether our estimated values incorporate significant unobservable inputs that would result in the valuation being classified as Level 3. A summary of the inputs used for our fixed maturity securities, short-term investments and equity securities based on the level in which instruments are classified is included below. We have combined certain classes of instruments together as the nature of the inputs is similar. Level 1 measurements Equity securities. Separate account assets. Level 2 measurements Fixed maturity securities • Third-party pricing services: The following table presents a summary of the significant inputs used by our pricing services for certain fair value measurements of fixed maturity securities that are classified as Level 2 as of June 30, 2022: (Amounts in millions) Fair value Primary methodologies Significant inputs U.S. government, agencies and government-sponsored enterprises $3,627 Price quotes from trading desk, broker feeds Bid side prices, trade prices, Option Adjusted State and political subdivisions $2,786 Multi-dimensional attribute-based modeling systems, third-party pricing vendors Trade prices, material event notices, Municipal Non-U.S. $679 Matrix pricing, spread priced to benchmark curves, price quotes from market makers Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources U.S. corporate $24,600 Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, OAS-based Bid side prices to Treasury Curve, Issuer Non-U.S. $6,588 Multi-dimensional attribute-based modeling systems, OAS-based Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources Residential mortgage-backed $1,183 OAS-based Prepayment and default assumptions, Commercial mortgage-backed $2,123 Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports Other asset-backed $1,924 Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers Spreads to daily updated swap curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports • Internal models: non-U.S. Equity securities. Short-term investments. Level 3 measurements Fixed maturity securities • Broker quotes: non-U.S. non-U.S. • Internal models: A portion of our state and political subdivisions, U.S. corporate, non-U.S. corporate, residential mortgage-backed and other asset-backed securities are valued using internal models. The primary inputs to the valuation of the bond population include quoted prices for identical assets, or similar assets in markets that are not active, contractual cash flows, duration, call provisions, issuer rating, benchmark yields and credit spreads. Certain private fixed maturity securities are valued using an internal model using market observable inputs such as the interest rate yield curve, as well as published credit spreads for similar securities, which includes significant unobservable inputs. Additionally, we may apply certain price caps and liquidity premiums in the valuation of private fixed maturity securities. Price caps are established using inputs from market participants. For structured securities, the primary inputs to the valuation include quoted prices for identical assets, or similar assets in markets that are not active, contractual cash flows, weighted-average coupon, weighted-average maturity, issuer rating, structure of the security, expected prepayment speeds and volumes, collateral type, current and forecasted loss severity, average delinquency rates, vintage of the loans, geographic region, debt service coverage ratios, payment priority with the tranche, benchmark yields and credit spreads. The fair value of our Level 3 fixed maturity securities priced using internal models was $ million as of June 30, 2022. Equity securities. The primary inputs to the valuation include broker quotes where the underlying inputs are unobservable and for internal models, structure of the security and issuer rating. Limited partnerships. The fair value of limited partnerships classified as Level 3 is determined based on third-party valuation sources that utilize unobservable inputs, such as a reference to public market or private transactions, valuations for comparable companies or assets, discounted cash flows and/or recent transactions. Net asset value Limited partnerships. Derivatives We consider counterparty collateral arrangements and rights of set-off non-performance non-performance non-performance Interest rate swaps. Foreign currency swaps. Equity index options. Financial futures. Other foreign currency contracts. GMWB embedded derivatives We are required to bifurcate an embedded derivative for certain features associated with annuity products and related reinsurance agreements where we provide a GMWB to the policyholder and are required to record the GMWB embedded derivative at fair value. The valuation of our GMWB embedded derivative is based on an income approach that incorporates inputs such as forward interest rates, equity index volatility, equity index and fund correlation, and policyholder assumptions such as utilization, lapse and mortality. We determine fair value using an internal model based on the various inputs noted above. Non-performance non-performance non-performance We classify the GMWB valuation as Level 3 based on having significant unobservable inputs, with equity index volatility and non-performance non-performance Fixed index annuity and indexed universal life embedded derivatives The following tables set forth our assets by class of instrument that are measured at fair value on a recurring basis as of the dates indicated: June 30, 2022 (Amounts in millions) Total Level 1 Level 2 Level 3 NAV (1) Assets Investments: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 3,627 $ — $ 3,627 $ — $ — State and political subdivisions 2,849 — 2,786 63 — Non-U.S. 682 — 679 3 — U.S. corporate: Utilities 4,103 — 3,293 810 — Energy 2,377 — 2,255 122 — Finance and insurance 7,469 — 6,815 654 — Consumer—non-cyclical 4,792 — 4,706 86 — Technology and communications 3,024 — 2,999 25 — Industrial 1,187 — 1,154 33 — Capital goods 2,258 — 2,220 38 — Consumer—cyclical 1,581 — 1,462 119 — Transportation 1,104 — 1,048 56 — Other 348 — 141 207 — Total U.S. corporate 28,243 — 26,093 2,150 — Non-U.S. Utilities 810 — 501 309 — Energy 1,097 — 964 133 — Finance and insurance 2,012 — 1,880 132 — Consumer—non-cyclical 570 — 503 67 — Technology and communications 943 — 917 26 — Industrial 861 — 792 69 — Capital goods 565 — 450 115 — Consumer—cyclical 285 — 206 79 — Transportation 390 — 369 21 — Other 949 — 927 22 — Total non-U.S. 8,482 — 7,509 973 — Residential mortgage-backed 1,213 — 1,183 30 — Commercial mortgage-backed 2,137 — 2,123 14 — Other asset-backed 2,053 — 1,924 129 — Total fixed maturity securities 49,286 — 45,924 3,362 — Equity securities 243 158 50 35 — Limited partnerships 1,649 — — 23 1,626 Other invested assets: Derivative assets: Interest rate swaps 30 — 30 — — Foreign currency swaps 17 — 17 — — Equity index options 30 — — 30 — Total derivative assets 77 — 47 30 — Short-term investments 50 — 50 — — Total other invested assets 127 — 97 30 — Reinsurance recoverable (2) 19 — — 19 — Separate account assets 4,683 4,683 — — — Total assets $ 56,007 $ 4,841 $ 46,071 $ 3,469 $ 1,626 (1) Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. December 31, 2021 (Amounts in millions) Total Level 1 Level 2 Level 3 NAV (1) Assets Investments: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 4,552 $ — $ 4,552 $ — $ — State and political subdivisions 3,450 — 3,368 82 — Non-U.S. 835 — 833 2 — U.S. corporate: Utilities 5,104 — 4,154 950 — Energy 2,934 — 2,858 76 — Finance and insurance 8,991 — 8,306 685 — Consumer—non-cyclical 6,159 — 6,055 104 — Technology and communications 3,808 — 3,779 29 — Industrial 1,494 — 1,457 37 — Capital goods 2,745 — 2,700 45 — Consumer—cyclical 1,899 — 1,762 137 — Transportation 1,371 — 1,307 64 — Other 419 — 165 254 — Total U.S. corporate 34,924 — 32,543 2,381 — Non-U.S. Utilities 928 — 583 345 — Energy 1,383 — 1,238 145 — Finance and insurance 2,432 — 2,272 160 — Consumer—non-cyclical 743 — 680 63 — Technology and communications 1,250 — 1,222 28 — Industrial 1,047 — 954 93 — Capital goods 705 — 532 173 — Consumer—cyclical 341 — 265 76 — Transportation 489 — 436 53 — Other 1,217 — 1,191 26 — Total non-U.S. 10,535 — 9,373 1,162 — Residential mortgage-backed 1,440 — 1,413 27 — Commercial mortgage-backed 2,584 — 2,568 16 — Other asset-backed 2,160 — 2,022 138 — Total fixed maturity securities 60,480 — 56,672 3,808 — Equity securities 198 101 60 37 — Limited partnerships 1,462 — — 26 1,436 Other invested assets: Derivative assets: Interest rate swaps 364 — 364 — — Foreign currency swaps 6 — 6 — — Equity index options 42 — — 42 — Other foreign currency contracts 2 — 2 — — Total derivative assets 414 — 372 42 — Short-term investments 26 — 26 — — Total other invested assets 440 — 398 42 — Reinsurance recoverable (2) 19 — — 19 — Separate account assets 6,066 6,066 — — — Total assets $ 68,665 $ 6,167 $ 57,130 $ 3,932 $ 1,436 (1) Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: Beginning as of Total realized and Ending as of Total gains (losses) (Amounts in millions) Included Included Purchases Sales Issuances Settlements Transfer (1) Transfer (1) Included Included Fixed maturity securities: State and political subdivisions $ 71 $ 1 $ (9 ) $ — $ — $ — $ — $ — $ — $ 63 $ 1 $ (9 ) Non-U.S. 1 — — 2 — — — — — 3 — — U.S. corporate: Utilities 912 — (92 ) — — — (1 ) 2 (11 ) 810 — (92 ) Energy 72 — (11 ) — — — (7 ) 68 — 122 — (11 ) Finance and insurance 676 — (67 ) 85 — — (1 ) — (39 ) 654 — (61 ) Consumer—non-cyclical 92 — (6 ) — — — — — — 86 — (5 ) Technology and communications 28 — (3 ) — — — — — — 25 — (3 ) Industrial 35 — (2 ) — — — — — — 33 — (2 ) Capital goods 41 — (3 ) — — — — — — 38 — (3 ) Consumer—cyclical 127 — (7 ) — — — (1 ) — — 119 — (7 ) Transportation 64 — (3 ) — — — (1 ) — (4 ) 56 — (3 ) Other 222 — (12 ) — — — (3 ) — — 207 — (12 ) Total U.S. corporate 2,269 — (206 ) 85 — — (14 ) 70 (54 ) 2,150 — (199 ) Non-U.S. Utilities 334 — (25 ) — — — — — — 309 — (24 ) Energy 138 — (7 ) 3 — — (1 ) — — 133 — (8 ) Finance and insurance 143 1 (12 ) — — — — — — 132 1 (12 ) Consumer—non-cyclical 60 — (4 ) — — — — 11 — 67 — (4 ) Technology and communications 27 — (1 ) — — — — — — 26 — (1 ) Industrial 74 — (4 ) — — — — — (1 ) 69 — (5 ) Capital goods 132 — (7 ) — (10 ) — — — — 115 — (7 ) Consumer—cyclical 86 — (7 ) — — — — — — 79 — (7 ) Transportation 22 — (1 ) — — — — — — 21 — (1 ) Other 24 — (2 ) — — — — — — 22 — (1 ) Total non-U.S. 1,040 1 (70 ) 3 (10 ) — (1 ) 11 (1 ) 973 1 (70 ) Residential mortgage-backed 33 — (2 ) 4 — — (1 ) — (4 ) 30 — (2 ) Commercial mortgage-backed 15 — (1 ) — — — — — — 14 — (2 ) Other asset-backed 100 — (5 ) 40 (6 ) — — — — 129 — (5 ) Total fixed maturity securities 3,529 2 (293 ) 134 (16 ) — (16 ) 81 (59 ) 3,362 2 (287 ) Equity securities 36 — — — (1 ) — — — — 35 — — Limited partnerships 26 (3 ) — — — — — — — 23 (3 ) — Other invested assets: Derivative assets: Equity index options 30 (1 ) — 3 — — (2 ) — — 30 (4 ) — Total derivative assets 30 (1 ) — 3 — — (2 ) — — 30 (4 ) — Total other invested assets 30 (1 ) — 3 — — (2 ) — — 30 (4 ) — Reinsurance recoverable (2) 17 2 — — — — — — — 19 2 — Total Level 3 assets $ 3,638 $ — $ (293 ) $ 137 $ (17 ) $ — $ (18 ) $ 81 $ (59 ) $ 3,469 $ (3 ) $ (287 ) (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. Beginning Total realized and Ending Total gains (losses) (Amounts in millions) Included Included Purchases Sales Issuances Settlements Transfer (1) Transfer (1) Included Included Fixed maturity securities: State and political subdivisions $ 68 $ 1 $ 6 $ — $ — $ — $ — $ — $ — $ 75 $ 1 $ 6 U.S. corporate: Utilities 793 — 23 8 — — (1 ) 19 — 842 — 23 Energy 122 — 8 — — — (1 ) — (52 ) 77 — 4 Finance and insurance 597 — 17 55 — — (8 ) — — 661 — 17 Consumer—non-cyclical 106 — 2 — — — (2 ) 3 — 109 — 1 Technology and communications 40 — 2 — — — — — (12 ) 30 — 1 Industrial 20 — — — — — — — — 20 — — Capital goods 58 — 1 — — — — — — 59 — 1 Consumer—cyclical 147 — 1 — — — (1 ) — (8 ) 139 — 1 Transportation 67 — 1 — — — (1 ) — — 67 — 1 Other 200 — — — — — (2 ) — — 198 — 1 Total U.S. corporate 2,150 — 55 63 — — (16 ) 22 (72 ) 2,202 — 50 Non-U.S. Utilities 375 — 5 — — — (8 ) — (24 ) 348 — 4 Energy 243 — 10 — — — (22 ) — (79 ) 152 — 5 Finance and insurance 290 — 17 — (2 ) — (52 ) — (51 ) 202 1 5 Consumer—non-cyclical 66 — — 8 — — — — — 74 — — Technology and communications 28 — — — — — — — — 28 — — Industrial 93 — 1 — — — — — — 94 — 1 Capital goods 175 — 1 5 — — — — — 181 — 2 Consumer—cyclical 144 — 2 1 — — — — — 147 — 2 Transportation 82 — 1 — — — — — — 83 — 2 Other 80 — 1 — — — (13 ) — (15 ) 53 — 1 Total non-U.S. 1,576 — 38 14 (2 ) — (95 ) — (169 ) 1,362 1 22 Residential mortgage-backed 13 — 1 — — — (1 ) — — 13 — — Commercial mortgage-backed 19 — — 1 — — — — — 20 — 1 Other asset-backed 96 — 1 — — — (5 ) — (4 ) 88 — 1 Total fixed maturity securities 3,922 1 101 78 (2 ) — (117 ) 22 (245 ) 3,760 2 80 Equity securities 43 — — — — — (5 ) — — 38 — — Limited partnerships 25 1 — — — — — — — 26 1 — Other invested assets: Derivative assets: Equity index options 53 6 — 5 — — (17 ) — — 47 2 — Total derivative assets 53 6 — 5 — — (17 ) — — 47 2 — Total other invested assets 53 6 — 5 — — (17 ) — — 47 2 — Reinsurance recoverable (2) 18 (1 ) — — — 1 — — — 18 (1 ) — Total Level 3 assets $ 4,061 $ 7 $ 101 $ 83 $ (2 ) $ 1 $ (139 ) $ 22 $ (245 ) $ 3,889 $ 4 $ 80 (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: Beginning Total realized Ending Total gains (losses) (Amounts in millions) Included Included Purchases Sales Issuances Settlements Transfer (1) Transfer (1) Included Included Fixed maturity securities: State and political subdivisions $ 82 $ 2 $ (21 ) $ — $ — $ — $ — $ — $ — $ 63 $ 2 $ (21 ) Non-U.S. 2 — — 2 (1 ) — — — — 3 — — U.S. corporate: Utilities 950 — (165 ) 35 — — (1 ) 2 (11 ) 810 — (165 ) Energy 76 — (15 ) — — — (7 ) 68 — 122 — (15 ) Finance and insurance 685 — (123 ) 151 — — (3 ) — (56 ) 654 — (116 ) Consumer—non-cyclical 104 — (11 ) — — — (7 ) — — 86 — (11 ) Technology and communications 29 — (4 ) — — — — — — 25 — (4 ) Industrial 37 — (4 ) — — — — — — 33 — (4 ) Capital goods 45 — (7 ) — — — — — — 38 — (6 ) Consumer—cyclical 137 — (15 ) — — — (3 ) — — 119 — (15 ) Transportation 64 — (6 ) 5 — — (3 ) — (4 ) 56 — (6 ) Other 254 — (23 ) — — — (7 ) — (17 ) 207 — (22 ) Total U.S. corporate 2,381 — (373 ) 191 — — (31 ) 70 (88 ) 2,150 — (364 ) Non-U.S. corporate: Utilities 345 — (46 ) 10 — — — — — 309 — (45 ) Energy 145 — (14 ) 3 — — (1 ) — — 133 — (15 ) Finance and insurance 160 2 (30 ) — — — — — — 132 2 (30 ) Consumer—non-cyclical 63 — (7 ) — — — — 11 — 67 — (7 ) Technology and communications 28 — (2 ) — — — — — — 26 — (2 ) Industrial 93 — (10 ) — — — — — (14 ) 69 — (9 ) Capital goods 173 — (15 ) — (10 ) — (33 ) — — 115 — (15 ) Consumer—cyclical 76 — (14 ) — — — — 17 — 79 — (14 ) Transportation 53 — (3 ) — — — (29 ) — — 21 — (3 ) Other 26 — (4 ) — — — — — — 22 — (3 ) Total non-U.S. corporate 1,162 2 (145 ) 13 (10 ) — (63 ) 28 (14 ) 973 2 (143 ) Residential mortgage-backed 27 — (3 ) 13 — — (2 ) 4 (9 ) 30 — (2 ) Commercial mortgage-backed 16 — (2 ) — — — — — — 14 — (3 ) Other asset-backed 138 — (12 ) 46 (6 ) — (3 ) — (34 ) 129 — (10 ) Total fixed maturity securities 3,808 4 (556 ) 265 (17 ) — (99 ) 102 (145 ) 3,362 4 (543 ) Equity securities 37 — — — (1 ) — — — (1 ) 35 — — Limited partnerships 26 (3 ) — — — — — — — 23 (3 ) — Other invested assets: Derivative assets: Equity index options 42 (7 ) — 8 — — (13 ) — — 30 2 — Total derivative assets 42 (7 ) — 8 — — (13 ) — — 30 2 — Total other invested assets 42 (7 ) — 8 — — (13 ) — — 30 2 — Reinsurance recoverable (2) 19 — — — — — — — — 19 — — Total Level 3 assets $ 3,932 $ (6 ) $ (556 ) $ 273 $ (18 ) $ — $ (112 ) $ 102 $ (146 ) $ 3,469 $ 3 $ (543 ) (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. Beginning Total realized and Ending Total gains (Amounts in millions) Included Included Purchases Sales Issuances Settlements Transfer (1) Transfer (1) Included Included Fixed maturity securities: State and political subdivisions $ 66 $ 2 $ 7 $ — $ — $ — $ — $ — $ — $ 75 $ 2 $ 7 U.S. corporate: Utilities 842 — (7 ) 16 — — (14 ) 19 (14 ) 842 — (6 ) Energy 128 — 4 — — — (3 ) — (52 ) 77 — — Finance and insurance 607 — (5 ) 73 — — (25 ) 17 (6 ) 661 — (5 ) Consumer—non-cyclical 109 — (1 ) — — — (2 ) 3 — 109 — (2 ) Technology and communications 47 — — 12 — — — 4 (33 ) 30 — (1 ) Industrial 40 — — — — — (20 ) — — 20 — — Capital goods 60 — (1 ) — — — — — — 59 — (1 ) Consumer—cyclical 150 — (1 ) — — — (2 ) — (8 ) 139 — (1 ) Transportation 70 — — — — — (3 ) — — 67 — — Other 219 — (2 ) — — — (5 ) 6 (20 ) 198 — — Total U.S. corporate 2,272 — (13 ) 101 — — (74 ) 49 (133 ) 2,202 — (16 ) Non-U.S. Utilities 352 — (2 ) 30 — — (8 ) — (24 ) 348 — (3 ) Energy 245 — 8 — — — (22 ) — (79 ) 152 — 3 Finance and insurance 305 1 1 — (2 ) — (52 ) — (51 ) 202 2 (11 ) Consumer—non-cyclical 67 — (1 ) 8 — — — — — 74 — (1 ) Technology and communications 28 — — — — — — — — 28 — — Industrial 95 — (1 ) — — — — — — 94 — (1 ) Capital goods 178 — (2 ) 5 — — — — — 181 — (1 ) Consumer—cyclical 146 — — 17 — — — — (16 ) 147 — — Transportation 109 — — — — — (19 ) — (7 ) 83 — 1 Other 83 — (1 ) — — — (14 ) — (15 ) 53 — (1 ) Total non-U.S. 1,608 1 2 60 (2 ) — (115 ) — (192 ) 1,362 2 (14 ) Residential mortgage-backed 14 — — — — — (1 ) — — 13 — — Commercial mortgage-backed 20 — (1 ) 1 — — — — — 20 — (1 ) Other asset-backed 109 — 1 3 — — (9 ) 2 (18 ) 88 — 1 Total fixed maturity securities 4,089 3 (4 ) 165 (2 ) — (199 ) 51 (343 ) 3,760 4 (23 ) Equity securities 51 — — — (8 ) — (5 ) — — 38 — — Limited partnerships 17 1 — 8 — — — — — 26 1 — Other invested assets: Derivative assets: Equity index options 63 9 — 10 — — (35 ) — — 47 4 — Total derivative assets 63 9 — 10 — — (35 ) — — 47 4 — Total other invested assets 63 9 — 10 — — (35 ) — — 47 4 — Reinsurance recoverable (2) 26 (9 ) — — — 1 — — — 18 (9 ) — Total Level 3 assets $ 4,246 $ 4 $ (4 ) $ 183 $ (10 ) $ 1 $ (239 ) $ 51 $ (343 ) $ 3,889 $ — $ (23 ) (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. The following table presents the gains and losses included in net income from assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Total realized and unrealized gains (losses) included in net income: Net investment income $ 2 $ 1 $ 4 $ 3 Net investment gains (losses) (2 ) 6 (10 ) 1 Total $ — $ 7 $ (6 ) $ 4 Total gains (losses) included in net income attributable to assets still held: Net investment income $ 2 $ 2 $ 4 $ 4 Net investment gains (losses) (5 ) 2 (1 ) (4 ) Total $ (3 ) $ 4 $ 3 $ — The amount presented for realized and unrealized gains (losses) included in net income for fixed maturity securities primarily represents amortization and accretion of premiums and discounts on certain fixed maturity securities. The following table presents a summary of the significant unobservable inputs used for certain asset fair value measurements that are based on internal models and classified as Level 3 as of June 30, 2022: (Amounts in millions) Valuation technique Fair value Unobservable input Range Weighted-average (1) Fixed maturity securities: U.S. corporate: Utilities Internal models $ 781 Credit spreads 57bps - 175bps Energy Internal models 46 Credit spreads 166bps - 229bps Finance and insurance Internal models 649 Credit spreads 75bps - 218bps Consumer— non-cyclical Internal models 86 Credit spreads 72bps - 171bps Technology and communications Internal models 25 Credit spreads 128bps - 163bps Industrial Internal models 33 Credit spreads 159bps - 227bps Capital goods Internal models 38 Credit spreads 97bps - 185bps Consumer—cyclical Internal models 119 Credit spreads 107bps - 180bps Transportation Internal models 47 Credit spreads 41bps - 143bps Other Internal models 149 Credit spreads 116bps - 140bps Total U.S. corporate Internal models $ 1,973 Credit spreads 41bps - 188bps Non-U.S. Utilities Internal models $ 309 Credit spreads 87bps - 167bps Energy Internal models 124 Credit spreads 123bps - 191bps Finance and insurance Internal models 131 Credit spreads 122bps - 172bps Consumer— non-cyclical Internal models 66 Credit spreads 72bps - 161bps Technology and communications Internal models 26 Credit spreads 123bps - 164bps Industrial Internal models 69 Credit spreads 97bps - 153bps Capital goods Internal models 115 Credit spreads 72bps - 200bps Consumer—cyclical Internal models 52 Credit spreads 159bps - 198bps Transportation Internal models 20 Credit spreads 185bps - 189bps Other Internal models 22 Credit spreads 86bps - 135bps Total non-U.S. Internal models $ 934 Credit spreads 72bps - 175bps Derivative assets: Equity index options Discounted cash flows $ 30 Equity index 6% - 35% 19% (1) Unobservable inputs weighted by the relative fair value of the associated instrument for fixed maturity securities and by notional for derivative assets. Certain classes of instruments classified as Level 3 are excluded above as a result of not being material or due to limitations in being able to obtain the underlying inputs used by certain third-party sources, such as broker quotes, used as an input in determining fair value. The following tables set forth our liabilities by class of instrument that are measured at fair value on a recurring basis as of the dates indicated: June 30, 2022 (Amounts in millions) Total Level 1 Level 2 Level 3 Liabilities Policyholder account balances: GMWB embedded derivatives (1) $ 277 $ — $ — $ 277 Fixed index annuity embedded derivatives 233 — — 233 Indexed universal life embedded derivatives 16 — — 16 Total policyholder account balances 526 — — 526 Derivative liabilities: Interest rate swaps 342 — 342 — Total derivative liabilities 342 — 342 — Total liabilities $ 868 $ — $ 342 $ 526 (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. December 31, 2021 (Amounts in millions) Total Level 1 Level 2 Level 3 Liabilities Policyholder account balances: GMWB embedded derivatives (1) $ 271 $ — $ — $ 271 Fixed index annuity embedded derivatives 294 — — 294 Indexed universal life embedded derivatives 25 — — 25 Total policyholder account balances 590 — — 590 Derivative liabilities: Interest rate swaps 26 — 26 — Total derivative liabilities 26 — 26 — Total liabilities $ 616 $ — $ 26 $ 590 (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: Beginning balance as of April 1, 2022 Total realized and unrealized (gains) losses Ending balance as of June 30, 2022 Total (gains) losses attributable to liabilities still held (Amounts in millions) Included (income) Included in OCI Purchases Sales Issuances Settlements Transfer into Level 3 Transfer out of Level 3 Included in net (income) Included in OCI Policyholder account balances: GMWB embedded derivatives (1) $ 243 $ 28 $ — $ — $ — $ 6 $ — $ — $ — $ 277 $ 31 $ — Fixed index annuity embedded derivatives 261 (1

Deferred Acquisition Costs

Deferred Acquisition Costs	6 Months Ended
	Jun. 30, 2022
Deferred Acquisition Costs	(7) Deferred Acquisition Costs The following table presents the activity impacting deferred acquisition costs (“DAC”) for the dates indicated: As of or for the six months ended June 30, (Amounts in millions) 2022 2021 Unamortized beginning balance $ 2,438 $ 2,809 Costs deferred 1 3 Amortization, net of interest accretion (152 ) (146 ) Unamortized ending balance 2,287 2,666 Accumulated effect of net unrealized investment (gains) losses 27 (1,454 ) Ending balance $ 2,314 $ 1,212 We regularly review DAC to determine if it is recoverable from future income. As of and for the six months ended June 30, 2022 and 2021, we recorded DAC impairments of $39 million and $38 million, respectively, in our universal and term universal life insurance products due principally to lower future estimated gross profits. As of June 30, 2022 and 2021, all of our other products had sufficient future income and therefore the related DAC was recoverable. As of June 30, 2022 and 2021, shadow accounting adjustments increased (decreased) the DAC balance by $27 million and $(1,454) million, respectively, with an offsetting amount recorded in OCI . As of June 30, 2021, the majority of the shadow accounting adjustments were recorded in our long-term care insurance business, which reduced its DAC balance to zero. As of June 30, 2021, our long-term care insurance business recorded shadow accounting adjustments of $(1,002) million out of the total shadow accounting adjustments recorded of $(1,454) million. As of June 30, 2022, due to the higher interest rate environment, the shadow accounting adjustments in our long-term care insurance business did not recur. There was no impact to net income related to our shadow accounting adjustments .

Liability for Policy and Contra

Liability for Policy and Contract Claims	6 Months Ended
	Jun. 30, 2022
Liability for Policy and Contract Claims	(8) Liability for Policy and Contract Claims The following table sets forth changes in our liability for policy and contract claims as of the dates indicated: As of or for the June 30, (Amounts in millions) 2022 2021 Beginning balance $ 11,841 $ 11,486 Less reinsurance recoverables (2,388 ) (2,431 ) Net beginning balance 9,453 9,055 Incurred related to insured events of: Current year 2,047 1,991 Prior years (483 ) (332 ) Total incurred 1,564 1,659 Paid related to insured events of: Current year (412 ) (477 ) Prior years (1,250 ) (1,255 ) Total paid (1,662 ) (1,732 ) Interest on liability for policy and contract claims 207 202 Net ending balance 9,562 9,184 Add reinsurance recoverables 2,353 2,362 Ending balance $ 11,915 $ 11,546 The liability for policy and contract claims represents our current best estimate; however, there may be future adjustments to this estimate and related assumptions. Such adjustments, reflecting any variety of new and adverse trends, could be significant, and result in increases in reserves by an amount that could be material to our results of operations and financial condition and liquidity. In addition, loss reserves recorded on new delinquencies in our Enact segment have a high degree of estimation, particularly due to the level of uncertainty regarding whether borrowers in forbearance will ultimately cure or result in a claim payment. For the six months ended June 30, 2022, the favorable development of $483 million related to insured events of prior years was primarily attributable to our long-term care insurance business largely related to favorable claim terminations mostly attributable to higher mortality, favorable development on prior year incurred but not reported claims and favorable experience on pending claims that did not become an active claim. The coronavirus pandemic (“COVID-19”) COVID-19 COVID-19 The favorable development related to insured events of prior years was also attributable to our Enact segment, predominantly associated with $146 million of favorable reserve adjustments in the first half of 2022, primarily related to COVID-19

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2022
Borrowings	(9) Borrowings (a) Short-Term Borrowings Enact Holdings’ Revolving Credit Facility On June 30, 2022, Enact Holdings entered into a credit agreement with a syndicate of lenders that provides for a five-year unsecured revolving credit facility in the initial aggregate principal amount of $200 million, including the ability for Enact Holdings to increase the commitments under the credit facility on an uncommitted basis, by an additional aggregate principal amount of up to $100 million. Any borrowings under Enact Holdings’ credit facility will bear interest at a per annum rate equal to a floating rate tied to a standard short-term borrowing index selected at Enact Holdings’ option, plus an applicable margin, pursuant to the terms of the credit agreement. The applicable margin is based on Enact Holdings’ ratings established by certain debt rating agencies for its outstanding debt. Enact Holdings’ credit facility includes customary representations, warranties, covenants, terms and conditions. As of June 30, 2022, Enact Holdings was in compliance with all covenants and the credit facility remained undrawn. (b) Long-Term Borrowings The following table sets forth total long-term borrowings as of the dates indicated: (Amounts in millions) June 30, December 31, Genworth Holdings (1) 4.80% Senior Notes, due 2024 $ 152 $ 282 6.50% Senior Notes, due 2034 298 298 Floating Rate Junior Subordinated Notes, due 2066 598 598 Subtotal 1,048 1,178 Bond consent fees (11 ) (12 ) Deferred borrowing charges (6 ) (7 ) Total Genworth Holdings 1,031 1,159 Enact Holdings 6.50% Senior Notes, due 2025 (2) 750 750 Deferred borrowing charges (8 ) (10 ) Total Enact Holdings 742 740 Total $ 1,773 $ 1,899 (1) Genworth Holdings has the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread. (2) Senior notes issued by Enact Holdings, who has the option to redeem the notes in whole or in part at any time prior to February 15, 2025, by paying a make-whole premium plus accrued and unpaid interest. In the first and second quarters of 2022, Genworth Holdings repurchased $82 million and $48 million principal amount, respectively, of its 4.80% senior notes due in 2024 for a pre-tax

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Taxes	(10) Income Taxes The reconciliation of the federal statutory tax rate to the effective income tax rate was as follows for the periods indicated: Three months ended Six months ended 2022 2021 2022 2021 Statutory U.S. federal income tax rate 21.0 % 21.0 % 21.0 % 21.0 % Increase in rate resulting from: Tax on income from terminated swaps 2.9 2.1 2.9 2.9 Other, net 1.0 0.3 0.7 0.3 Effective rate 24.9 % 23.4 % 24.6 % 24.2 % The effective tax rate for the three and six months ended June 30, 2022 and 2021 was above the statutory U.S. federal income tax rate of 21% largely due to tax expense on certain forward starting swap gains that are tax effected at the previously enacted federal income tax rate of 35% as they are amortized into net investment income. The increase in the effective tax rate for the three and six months ended June 30, 2022 compared to the three and six months ended June 30, 2021 was primarily attributable to higher tax expense on forward starting swap gains in relation to pre-tax income in the current year. Our ability to realize our deferred tax assets is largely dependent upon generating sufficient taxable income and capital gains in future years. As of June 30, 2022 and December 31, 2021, our ta x was million, respectively. Given the change in our unrealized gains (losses) on our fixed maturity securities in the current year due to rising interest rates and the corresponding reduction in the amount of unrealized capital gains expected to be available in the future to offset our capital loss carryforwards and other capital deferred tax assets , we recorded an additional valuation allowance of million in the second quarter of 2022 through OCI related to capital deferred tax assets.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2022
Segment Information	(11) Segment Information We have the following three non-strategic We tax our businesses at the U.S. corporate federal income tax rate of 21%. Each segment is then adjusted to reflect the unique tax attributes of that segment, such as permanent differences between U.S. GAAP and tax law. The difference between the consolidated provision for income taxes and the sum of the provision for income taxes in each segment is reflected in Corporate and Other activities. The annually-determined tax rates and adjustments to each segment’s provision for income taxes are estimates which are subject to review and could change from year to year. We use the same accounting policies and procedures to measure segment income (loss) and assets as our consolidated net income and assets. Our chief operating decision maker evaluates segment performance and allocates resources on the basis of “adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders.” We define adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders as income (loss) from continuing operations excluding the after-tax effects of income (loss) from continuing operations attributable to noncontrolling interests, net investment gains (losses), gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, initial gains (losses) on insurance block transactions, restructuring costs and infrequent or unusual non-operating items. Initial gains (losses) on insurance block transactions are defined as gains (losses) on the early extinguishment of non-recourse funding obligations, early termination fees for other financing restructuring and/or initial gains (losses) on reinsurance restructuring for certain blocks of business. We exclude net investment gains (losses) and infrequent or unusual non-operating items because we do not consider them to be related to the operating performance of our segments and Corporate and Other activities. A component of our net investment gains (losses) is the result of estimated future credit losses, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to our discretion and are influenced by market opportunities, as well as asset-liability matching considerations. Gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, initial gains (losses) on insurance block transactions and restructuring costs are also excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders because, in our opinion, they are not indicative of overall operating trends. Infrequent or unusual non-operating items are also excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders if, in our opinion, they are not indicative of overall operating trends. While some of these items may be significant components of net income (loss) available to Genworth Financial, Inc.’s common stockholders in accordance with U.S. GAAP, we believe that adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders, and measures that are derived from or incorporate adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the business. Management also uses adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders as a basis for determining awards and compensation for senior management and to evaluate performance on a basis comparable to that used by analysts. However, the items excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders have occurred in the past and could, and in some cases will, recur in the future. Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders is not a substitute for net income (loss) available to Genworth Financial, Inc.’s common stockholders determined in accordance with U.S. GAAP. In addition, our definition of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders may differ from the definitions used by other companies. Adjustments to reconcile net income (loss) available to Genworth Financial, Inc.’s common stockholders to adjusted operating income (loss) assume a 21% tax rate and are net of the portion attributable to noncontrolling interests. Net investment gains (losses) are also adjusted for DAC and other intangible amortization and certain benefit reserves. During the three and six months ended June 30, 2022, we repurchased $48 million and $130 million principal amount of Genworth Holdings’ senior notes due in February 2024, respectively, for a pre-tax pre-tax $4 million. These transactions were excluded from adjusted operating income as they relate to losses on the early extinguishment of debt. We recorded a pre-tax The following is a summary of revenues for our segments and Corporate and Other activities for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Revenues: Enact segment $ 273 $ 276 $ 543 $ 564 U.S. Life Insurance segment: Long-term care insurance 1,119 1,226 2,228 2,366 Life insurance 310 329 649 677 Fixed annuities 92 122 208 254 U.S. Life Insurance segment 1,521 1,677 3,085 3,297 Runoff segment 70 88 136 164 Corporate and Other activities 17 — 9 1 Total revenues $ 1,881 $ 2,041 $ 3,773 $ 4,026 The following tables present the reconciliation of net income available to Genworth Financial, Inc.’s common stockholders to adjusted operating income available to Genworth Financial, Inc.’s common stockholders and a summary of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities for the periods indicated: Three months ended June 30, Six months ended June 30, (Amounts in millions) 2022 2021 2022 2021 Net income available to Genworth Financial, Inc.’s common stockholders $ 181 $ 240 $ 330 $ 427 Add: net income from continuing operations attributable to noncontrolling interests 38 — 68 — Add: net income from discontinued operations attributable to noncontrolling interests — — — 8 Net income 219 240 398 435 Less: income (loss) from discontinued operations, net of taxes (1 ) (5 ) (3 ) 16 Income from continuing operations 220 245 401 419 Less: net income from continuing operations attributable to noncontrolling interests 38 — 68 — Income from continuing operations available to Genworth Financial, Inc.’s common stockholders 182 245 333 419 Adjustments to income from continuing operations available to Genworth Financial, Inc.’s common stockholders: Net investment (gains) losses, net (1) (10 ) (70 ) (38 ) (103 ) (Gains) losses on early extinguishment of debt 1 — 4 4 Expenses related to restructuring 1 5 1 26 Taxes on adjustments 2 14 7 16 Adjusted operating income available to Genworth Financial, Inc.’s common stockholders $ 176 $ 194 $ 307 $ 362 (1) For the three and six months ended June 30, 2022, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(2) million. Three months ended June 30, Six months ended June 30, (Amounts in millions) 2022 2021 2022 2021 Adjusted operating income (loss) available to Genworth Financial, Inc.’scommon stockholders: Enact segment $ 167 $ 135 $ 302 $ 261 U.S. Life Insurance segment: Long-term care insurance 34 98 93 193 Life insurance (34 ) (40 ) (113 ) (103 ) Fixed annuities 21 13 37 43 U.S. Life Insurance segment 21 71 17 133 Runoff segment 2 15 11 27 Corporate and Other activities (14 ) (27 ) (23 ) (59 ) Adjusted operating income available to Genworth Financial, Inc.’scommon stockholders $ 176 $ 194 $ 307 $ 362 The following is a summary of total assets for our segments and Corporate and Other activities as of the dates indicated: (Amounts in millions) June 30, December 31, Assets: Enact segment $ 5,763 $ 5,850 U.S. Life Insurance segment 73,288 81,210 Runoff segment 8,264 9,460 Corporate and Other activities 1,753 2,651 Total assets $ 89,068 $ 99,171

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies	(12) Commitments and Contingencies (a) Litigation and Regulatory Matters We face the risk of litigation and regulatory investigations and actions in the ordinary course of operating our businesses, including the risk of class action lawsuits. Our pending legal and regulatory actions include proceedings specific to us and others generally applicable to business practices in the industries in which we operate. In our insurance operations, we are, have been, or may become subject to class actions and individual suits alleging, among other things, issues relating to sales or underwriting practices, increases to in-force long-term care insurance premiums, payment of contingent or other sales commissions, claims payments and procedures, product design, product disclosure, product administration, additional premium charges for premiums paid on a periodic basis, denial or delay of benefits, charging excessive or impermissible fees on products, recommending unsuitable products to customers, our pricing structures and business practices in our mortgage insurance subsidiaries, such as captive reinsurance arrangements with lenders and contract underwriting services, violations of the Real Estate Settlement and Procedures Act of 1974 or related state anti-inducement laws, and mortgage insurance policy rescissions and curtailments, and breaching fiduciary or other duties to customers, including but not limited to breach of customer information. Plaintiffs in class action and other lawsuits against us may seek very large or indeterminate amounts which may remain unknown for substantial periods of time. In our investment-related operations, we are subject to litigation involving commercial disputes with counterparties. We are also subject to litigation arising out of our general business activities such as our contractual and employment relationships, including claims under the Employee Retirement Income Security Act of 1974, post-closing obligations associated with previous dispositions and securities lawsuits. In addition, we are also subject to various regulatory inquiries, such as information requests, subpoenas, books and record examinations and market conduct and financial examinations from state, federal and international regulators and other authorities. A substantial legal liability or a significant regulatory action against us could have an adverse effect on our business, financial condition and results of operations. Moreover, even if we ultimately prevail in the litigation, regulatory action or investigation, we could suffer significant reputational harm, which could have an adverse effect on our business, financial condition or results of operations. In October 2016, Genworth Financial, certain members of its executive management team, including its former and present chief executive officer, and current and former members of its board of directors were named as defendants in a shareholder derivative suit filed by Esther Chopp in the Court of Chancery of the State of Delaware. The case is captioned Chopp v. McInerney, et al In September 2018, Genworth Life and Annuity Insurance Company (“GLAIC”), our indirect wholly-owned subsidiary, was named as a defendant in a putative class action lawsuit pending in the United States District Court for the Eastern District of Virginia captioned TVPX ARX INC., as Securities Intermediary for Consolidated Wealth Management, LTD. on behalf of itself and all others similarly situated v. Genworth Life and Annuity Insurance Company complaint only if a final appellate Court decision vacates the injunction and reverses the Middle District of Georgia’s opinion. On May 21, 2019, plaintiff filed its appeal and memorandum in support in the Eleventh Circuit. We filed our response to plaintiff’s appeal memorandum on July 3, 2019. The Eleventh Circuit Court of Appeals heard oral argument on plaintiff’s appeal and our cross-appeal on April 21, 2020. On May 26, 2020, the Eleventh Circuit Court of Appeals vacated the Middle District of Georgia’s order enjoining Plaintiff’s class action and remanded the case back to the Middle District of Georgia for further factual development as to whether Genworth has altered how it calculates or charges cost of insurance since the McBride settlement. The Eleventh Circuit Court of Appeals did not reach a decision on Genworth’s counterclaim. On June 30, 2021, we filed in the Middle District of Georgia our renewed motion to enforce the class action settlement and release, and renewed our motion for leave to file a counterclaim. The briefing on both motions concluded in October 2021. On March 24, 2022, the Court denied our motions. On April 11, 2022, we filed an appeal of the Court’s denial to the United States Court of Appeals for the Eleventh Circuit. On June 22, 2022, we filed our opening brief in support of the appeal. We intend to continue to vigorously defend this action. In September 2018, Genworth Financial, Genworth Holdings, Genworth North America Corporation, Genworth Financial International Holdings, LLC (“GFIH”) and Genworth Life Insurance Company (“GLIC”) were named as defendants in a putative class action lawsuit pending in the Court of Chancery of the State of Delaware captioned Richard F. Burkhart, William E. Kelly, Richard S. Lavery, Thomas R. Pratt, Gerald Green, individually and on behalf of all other persons similarly situated v. Genworth et al pay-off May 10, 2022, the Court granted our motion to dismiss the three new causes of action. On January 27, 2022, plaintiffs filed a motion for a preliminary injunction seeking to enjoin GFIH from transferring any assets to any affiliate, including paying any dividends to Genworth Holdings and to enjoin Genworth Holdings and Genworth Financial from transferring or distributing any value to Genworth Financial’s shareholders. On June 2, 2022, plaintiffs withdrew their motion for a preliminary injunction. We intend to continue to vigorously defend this action. On Brighton Trustees, LLC, on behalf of and as trustee for Diamond LS Trust; and Bank of Utah, solely as securities intermediary for Diamond LS Trust; on behalf of themselves and all others similarly situated v. Genworth Life and Annuity Insurance Company Ronald L. Daubenmier, individually and on behalf of himself and all others similarly situated v. Genworth Life and Annuity Insurance Company The Court preliminarily approved the settlement and set October 17, 2022 for the final hearing. In January 2021, GLIC and Genworth Life Insurance Company of New York (“GLICNY”) were named as defendants in a putative class action lawsuit pending in the United States District Court for the Eastern District of Virginia captioned Judy Halcom, Hugh Penson, Harold Cherry, and Richard Landino, individually, and on behalf of all others similarly situated v. Genworth Life Insurance Company and Genworth Life Insurance Company of New York was financial impacts will not begin until the fourth quarter of 2022. Moreover, because the election mailings occur on the policyholder’s anniversary date, the majority of the impacts are expected to be in 2023. Based on the Court’s final approval of the settlement, we anticipate a net positive benefit to earnings from the settlement of this case. In January 2021, GLAIC was named as a defendant in a putative class action lawsuit pending in the United States District Court for the District of Oregon captioned Patsy H. McMillan, Individually and On Behalf Of All Others Similarly Situated, v. Genworth Life and Annuity Insurance Company On August 11, 2021, GLIC and GLICNY received a request for pre-suit mediation related to a potential class action lawsuit that may be brought by five long-term care insurance policyholders, seeking to represent a nationwide class alleging that the defendants made misleading and inadequate disclosures regarding premium increases for long-term care insurance policies. The draft complaint asserts claims for breach of contract, conversion, and declaratory and injunctive relief, and seeks damages in excess of $ million. Genworth participated in pre-suit mediation in and . On January , , the parties reached an agreement in principle to settle the dispute on a nationwide basis, subject to the negotiation and execution of a final settlement agreement, and Court approval thereof. On January , , the complaint was filed in the United States District Court for the Eastern District of Virginia captioned Fred Haney, Marsha Merrill, Sylvia Swanson, and Alan Wooten, individually, and on behalf of all others similarly situated v. Genworth Life Insurance Company and Genworth Life Insurance Company of New York . The parties executed a settlement agreement consistent with the agreement in principle signed on January , . On May , , the Court preliminarily approved the settlement. The final approval hearing is scheduled for November , . If the Court approves the settlement, we would expect an overall net favorable impact on our results of operations. If the Court does not approve the final settlement, we intend to continue to vigorously defend this action. At this time we cannot determine or predict the ultimate outcome of any of the pending legal and regulatory matters specifically identified above or the likelihood of potential future legal and regulatory matters against us. Except as disclosed above, we are not able to provide an estimate or range of reasonably possible losses related to these matters. Therefore, we cannot ensure that the current investigations and proceedings will not have a material adverse effect on our business, financial condition or results of operations. In addition, it is possible that related investigations and proceedings may be commenced in the future, and we could become subject to additional unrelated investigations and lawsuits. Increased regulatory scrutiny and any resulting investigations or proceedings could result in new legal precedents and industry-wide regulations or practices that could adversely affect our business, financial condition and results of operations. (b) Commitments As of June 30, 2022, we were committed to fund $1,409 million in limited partnership investments, $64 million in U.S. commercial mortgage loan investments and $24 million in private placement investments. As of June 30, 2022, we were also committed to fund $75 million of bank loan investments which had not yet been drawn.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2022
Changes In Accumulated Other Comprehensive Income (Loss)	(13) Changes in Accumulated Other Comprehensive Income (Loss) The following tables show the changes in accumulated other comprehensive income (loss), net of taxes, by component as of and for the periods indicated: (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of April 1, 2022 $ 850 $ 1,789 $ (29 ) $ 2,610 OCI before reclassifications (2,436 ) (307 ) (7 ) (2,750 ) Amounts reclassified from (to) OCI 4 (37 ) — (33 ) Current period OCI (2,432 ) (344 ) (7 ) (2,783 ) Balances as of June 30, 2022 before noncontrolling interests (1,582 ) 1,445 (36 ) (173 ) Less: change in OCI attributable to noncontrolling interests (28 ) — — (28 ) Balances as of June 30, 2022 $ (1,554 ) $ 1,445 $ (36 ) $ (145 ) (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of April 1, 2021 $ 1,919 $ 1,792 $ (36 ) $ 3,675 OCI before reclassifications (54 ) 245 2 193 Amounts reclassified from (to) OCI — (34 ) — (34 ) Current period OCI (54 ) 211 2 159 Balances as of June 30, 2021 before noncontrolling interests 1,865 2,003 (34 ) 3,834 Less: change in OCI attributable to noncontrolling interests — — — — Balances as of June 30, 2021 $ 1,865 $ 2,003 $ (34 ) $ 3,834 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of January 1, 2022 $ 1,860 $ 2,025 $ (24 ) $ 3,861 OCI before reclassifications (3,493 ) (506 ) (12 ) (4,011 ) Amounts reclassified from (to) OCI 10 (74 ) — (64 ) Current period OCI (3,483 ) (580 ) (12 ) (4,075 ) Balances as of June 30, 2022 before noncontrolling interests (1,623 ) 1,445 (36 ) (214 ) Less: change in OCI attributable to noncontrolling interests (69 ) — — (69 ) Balances as of June 30, 2022 $ (1,554 ) $ 1,445 $ (36 ) $ (145 ) (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of January 1, 2021 $ 2,214 $ 2,211 $ — $ 4,425 OCI before reclassifications (370 ) (140 ) 138 (372 ) Amounts reclassified from (to) OCI (4 ) (68 ) — (72 ) Current period OCI (374 ) (208 ) 138 (444 ) Balances as of June 30, 2021 before noncontrolling interests 1,840 2,003 138 3,981 Less: change in OCI attributable to noncontrolling interests (25 ) — 172 147 Balances as of June 30, 2021 $ 1,865 $ 2,003 $ (34 ) $ 3,834 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2 ) See note 5 for additional information. The foreign currency translation and other adjustments balance in the charts above included $ million and $ million, respectively, net of taxes of $ million and $ million, respectively, related to a net unrecognized postretirement benefit obligation as of June 30, 2022 and 2021. The balance also included taxes of $ million and $ million, respectively, related to foreign currency translation adjustments as of June 30, 2022 and 2021. The following table shows reclassifications in (out) of accumulated other comprehensive income (loss), net of taxes, for the periods presented: (Amounts in millions) Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the consolidated statements of income Three months ended Six months ended 2022 2021 2022 2021 Net unrealized investment (gains) losses: Unrealized (gains) losses on investments (1) $ 5 $ — $ 13 $ (5 ) Net investment (gains) losses Income taxes (1 ) — (3 ) 1 Provision for income taxes Total $ 4 $ — $ 10 $ (4 ) Derivatives qualifying as hedges: Interest rate swaps hedging assets $ (57 ) $ (52 ) $ (112 ) $ (104 ) Net investment income Interest rate swaps hedging assets — — (2 ) — Net investment (gains) losses Interest rate swaps hedging liabilities 1 — 2 — Interest expense Foreign currency swaps — — (1 ) — Net investment income Income taxes 19 18 39 36 Provision for income taxes Total $ (37 ) $ (34 ) $ (74 ) $ (68 ) (1) Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	(14) Discontinued Operations On March 3, 2021, we completed a sale of our entire ownership interest of approximately 52% in Genworth Mortgage Insurance Australia Limited (“Genworth Australia”) through an underwriting agreement. We sold our approximately 214.3 million shares of Genworth Australia for AUD2.28 per share and received approximately AUD483 million ($370 million) in net cash proceeds. A summary of operating results related to Genworth Australia reported as discontinued operations was as follows for the periods indicated: (Amounts in millions) Three months ended Six months ended Revenues: Premiums $ — $ 51 Net investment income — 4 Net investment gains (losses) — (5 ) Total revenues — 50 Benefits and expenses: Benefits and other changes in policy reserves — 11 Acquisition and operating expenses, net of deferrals — 7 Amortization of deferred acquisition costs and intangibles — 6 Interest expense — 1 Total benefits and expenses — 25 Income before income taxes and loss on sale (1) — 25 Provision for income taxes — 8 Income before loss on sale — 17 Loss on sale, net of taxes — (3 ) Income from discontinued operations, net of taxes — 14 Less: net income from discontinued operations attributable to noncontrolling interests — 8 Income from discontinued operations available to Genworth Financial, Inc.’s common stockholders $ — $ 6 (1) The six months ended June 30, 2021, includes pre-tax In addition, we recorded after-tax liability. Lifestyle protection insurance On December 1, 2015, Genworth Financial, through its subsidiaries, completed the sale of its lifestyle protection insurance business to AXA. In 2017, AXA sued us for damages on an indemnity in the 2015 agreement related to alleged remediation it paid to customers who purchased payment protection insurance (“PPI”). On July 20, 2020, we reached a settlement agreement related to losses incurred from mis-selling complaints on policies sold from 1970 through 2004. As part of the settlement agreement, Genworth Holdings agreed to make payments for certain PPI mis-selling claims, along with a significant portion of future claims to be invoiced by AXA. Under the settlement agreement, Genworth Holdings issued a secured promissory note to AXA, in which it agreed to make deferred cash payments in two installments in June 2022 and September 2022. In connection with the Genworth Australia sale, Genworth Holdings made a mandatory principal payment to AXA of approximately £176 million ($245 million) in March 2021. The mandatory payment fully repaid the first installment obligation originally due in June 2022 and partially prepaid the September 2022 installment payment. On September 21, 2021, Genworth Holdings used a portion of the net proceeds from the minority IPO of Enact Holdings to repay the remaining outstanding balance of the secured promissory note of approximately £215 million ($296 million). As of December 31, 2021, we accrued approximately £22 million ($30 million) of estimated future claims still in process of being invoiced. In February 2022, Genworth Holdings paid AXA $30 million, which constitutes the majority of the estimated remaining unprocessed claims. We have established our current best estimates for claims still being processed by AXA, as well as other expenses; however, there may be future adjustments to this estimate. If amounts are different from our estimate, it could result in an adjustment to our liability and an additional amount reflected in income (loss) from discontinued operations. The following table presents the amounts owed to AXA under the settlement agreement reflected as liabilities related to discontinued operations in our condensed consolidated balance sheets as of the periods presented: (Amounts in millions) British Pounds U.S. Dollar June 30, December 31, June 30, December 31, Installment payments due to AXA: June 2022: Beginning balance £ — £ 159 $ — $ 217 Prepayments (1) — (159 ) — (217 ) Ending balance — — — — September 2022: Beginning balance — 187 — 256 Amounts billed as future losses — 45 — 61 Prepayments (1) — (232 ) — (324 ) Foreign exchange and other — — — 7 Ending balance — — — — Total amounts due under the promissory note — — — — Future claims: Estimated beginning balance 22 79 30 108 Plus: Additional amounts invoiced 2 — 2 — Change in estimated future claims — (10 ) — (14 ) Less: Amounts billed and included as mandatory prepayments — (45 ) — (61 ) Less: Amounts paid (23 ) (2 ) (31 ) (3 ) Foreign exchange and other — — — — Estimated future claims 1 22 1 30 Total amounts due to AXA under the settlement agreement £ 1 £ 22 $ 1 $ 30 (1) On March 3, 2021, we completed the sale of Genworth Australia and received net proceeds of approximately AUD483 million ($370 million). The sale of Genworth Australia resulted in a mandatory principal payment of approximately £176 million ($245 million) related to our outstanding secured promissory note issued to AXA, dated as of July 20, 2020, as amended by the parties in connection with the Genworth Australia sale. On September 21, 2021, we used a portion of the net proceeds from the minority IPO of Enact Holdings to repay the remaining outstanding balance of the secured promissory note of approximately £215 million ($296 million). We recorded an after-tax mis-selling mis-selling In addition to the future claims still being processed under the settlement agreement, we also have an unrelated liability that is owed to AXA associated with a tax gross up on underwriting losses attributable to a product sold by a distributor in our former lifestyle protection insurance business. As of June 30, 2022 and December 31, 2021, the balance of the liability was $3 million and $4 million, respectively, and is included as liabilities related to discontinued operations in our condensed consolidated balance sheets. For the six months ended June 30, 2021, we recorded an after-tax

Accounting Changes (Policies)

Accounting Changes (Policies)	6 Months Ended
	Jun. 30, 2022
Disclosue of Accounting Changes [Abstract]
Accounting Pronouncements Recently Adopted	Accounting Pronouncements Recently Adopted On April 1, 2022, we elected to early adopt new accounting guidance related to troubled debt restructurings and the vintage disclosures included within the accounting guidance for credit losses on financial instruments. The guidance eliminates the recognition and measurement requirements for troubled debt restructurings and requires creditors to instead apply existing guidance related to loan refinancing and restructuring to determine whether a modification results in a new loan or a continuation of an existing loan. The guidance also expands disclosures for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty and requires the presentation of gross write-offs by year of origination. We were permitted to early adopt this new accounting guidance as we adopted the accounting guidance related to credit losses on financial instruments on January 1, 2020. In accordance with the new accounting guidance, we adopted this guidance prospectively as of January 1, 2022; therefore, the guidance did not have any impact at adoption.
Accounting Pronouncements Not Yet Adopted	Accounting Pronouncements Not Yet Adopted In June 2022, the Financial Accounting Standards Board (the “FASB”) issued new accounting guidance related to the fair value measurement of equity securities subject to contractual sale restrictions. The guidance clarifies existing fair value guidance on measuring the fair value of an equity security subject to contractual sale restrictions and adds new disclosures related to these securities. This guidance is currently effective for us on January 1, 2024 using the prospective method, with early adoption permitted. We do not expect a significant impact from this guidance on our condensed consolidated financial statements and disclosures. In August 2018, the FASB issued new accounting guidance that significantly changes the recognition and measurement of long-duration insurance contracts and expands disclosure requirements, which impacts deferred acquisition costs (“DAC”) and liabilities in our U.S. life insurance companies. In accordance with the guidance, the more significant changes include: • assumptions will no longer be locked-in at contract inception and all cash flow assumptions used to estimate the liability for future policy benefits (except the discount rate) will be reviewed at least annually in the same period each year or more frequently if actual experience indicates a change is required. Changes will be recorded in net income (loss) using a retrospective approach with a cumulative catch-up adjustment by recalculating the net premium ratio (which will be capped at 100%) using actual historical and updated future cash flow assumptions; • the discount rate used to determine the liability for future policy benefits will be a current upper-medium grade (low credit risk) fixed-income instrument yield, which is generally interpreted to mean a single-A • the provision for adverse deviation and the premium deficiency test will be eliminated; • market risk benefits associated with deposit-type contracts will be measured at fair value with changes related to instrument-specific credit risk recorded in other comprehensive income (loss) and remaining changes recorded in net income (loss); • the amortization method for DAC will generally be on a straight-line basis over the expected contract term; and • disclosures will be greatly expanded to include significant assumptions and product liability rollforwards. This guidance is effective for us on January 1, 2023 using the modified retrospective method (with transition adjustments as of January 1, 2021) for all topics except for market risk benefits, which is required to be applied using the retrospective method, with early adoption permitted, which we do not intend to elect. Our implementation efforts continue to progress and corporate governance has been established to support the implementation of this new standard. We remain focused on obtaining necessary data, modifying systems, identifying and developing key inputs and assumptions and establishing policies, systems and internal controls necessary to implement this new accounting guidance. Given the nature and extent of the changes, this guidance is expected to have a significant impact on our condensed consolidated financial statements and disclosures. The requirement to remeasure the liability for future policy benefits using an updated single-A single-A

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings (Loss) Per Share	Basic and diluted earnings (loss) per share are calculated by dividing each income (loss) category presented below by the weighted-average basic and diluted common shares outstanding for the periods indicated: Three months ended Six months ended (Amounts in millions, except per share amounts) 2022 2021 2022 2021 Weighted-average shares used in basic earnings per share calculations 509.0 507.0 508.6 506.5 Potentially dilutive securities: Stock options, restricted stock units and other equity-based awards 5.2 8.0 7.2 7.9 Weighted-average shares used in diluted earnings per share calculations 514.2 515.0 515.8 514.4 Income from continuing operations: Income from continuing operations $ 220 $ 245 $ 401 $ 419 Less: net income from continuing operations attributable to noncontrolling interests 38 — 68 — Income from continuing operations available to Genworth Financial, Inc.’s common stockholders $ 182 $ 245 $ 333 $ 419 Basic per share $ 0.36 $ 0.48 $ 0.65 $ 0.83 Diluted per share $ 0.36 $ 0.47 $ 0.65 $ 0.82 Income (loss) from discontinued operations: Income (loss) from discontinued operations, net of taxes $ (1 ) $ (5 ) $ (3 ) $ 16 Less: net income from discontinued operations attributable to noncontrolling interests — — — 8 Income (loss) from discontinued operations available to Genworth Financial, Inc.’s common stockholders $ (1 ) $ (5 ) $ (3 ) $ 8 Basic per share $ — $ (0.01 ) $ (0.01 ) $ 0.02 Diluted per share $ — $ (0.01 ) $ (0.01 ) $ 0.02 Net income: Income from continuing operations $ 220 $ 245 $ 401 $ 419 Income (loss) from discontinued operations, net of taxes (1 ) (5 ) (3 ) 16 Net income 219 240 398 435 Less: net income attributable to noncontrolling interests 38 — 68 8 Net income available to Genworth Financial, Inc.’s common stockholders $ 181 $ 240 $ 330 $ 427 Basic per share (1) $ 0.36 $ 0.47 $ 0.65 $ 0.84 Diluted per share (1) $ 0.35 $ 0.47 $ 0.64 $ 0.83 (1) May not total due to whole number calculation.

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2022
Net Investment Income	Sources of net investment income were as follows for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Fixed maturity securities—taxable $ 578 $ 608 $ 1,158 $ 1,207 Fixed maturity securities—non-taxable 1 1 2 3 Equity securities 2 2 4 5 Commercial mortgage loans 78 103 159 181 Policy loans 51 40 101 90 Limited partnerships 32 54 39 85 Other invested assets 66 58 129 116 Cash, cash equivalents, restricted cash and short-term investments 1 — 1 — Gross investment income before expenses and fees 809 866 1,593 1,687 Expenses and fees (22 ) (22 ) (42 ) (42 ) Net investment income $ 787 $ 844 $ 1,551 $ 1,645
Net Investment Gains (Losses)	The following table sets forth net investment gains (losses) for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Realized investment gains (losses): Available-for-sale fixed maturity securities: Realized gains $ 5 $ 5 $ 15 $ 12 Realized losses (9 ) (4 ) (27 ) (7 ) Net realized gains (losses) on available-for-sale (4 ) 1 (12 ) 5 Net realized gains (losses) on equity securities sold — (2 ) — (7 ) Net realized gains (losses) on limited partnerships — — — 3 Total net realized investment gains (losses) (4 ) (1 ) (12 ) 1 Net change in allowance for credit losses on available-for-sale — (4 ) — (6 ) Write-down of available-for-sale (1) — — (2 ) (1 ) Net unrealized gains (losses) on equity securities still held (27 ) 6 (33 ) (2 ) Net unrealized gains (losses) on limited partnerships 24 65 59 99 Commercial mortgage loans 2 (1 ) 3 (2 ) Derivative instruments (2) 9 4 13 12 Other 4 1 8 2 Net investment gains (losses) $ 8 $ 70 $ 36 $ 103 (1) Represents write-down of securities deemed uncollectible or that we intend to sell or will be required to sell prior to recovery of the amortized cost basis. (2) See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses).
Allowance for credit losses related to fixed maturity securities	The following table represents the allowance for credit losses aggregated by security type for available-for-sale (Amounts in millions) Beginning Increase from Increase Securities Decrease Write-offs Recoveries Ending Fixed maturity securities: Non-U.S. corporate $ 3 $ — $ 4 $ (7 ) $ — $ — $ — $ — Total available-for-sale fixed maturity securities $ 3 $ — $ 4 $ (7 ) $ — $ — $ — $ — The following table represents the allowance for credit losses aggregated by security type for available-for-sale (Amounts in millions) Beginning Increase from Increase Securities Decrease Write-offs Recoveries Ending Fixed maturity securities: Non-U.S. corporate $ 1 $ — $ 6 $ (7 ) $ — $ — $ — $ — Commercial mortgage-backed 3 — — — — (3 ) — — Total available-for-sale fixed maturity securities $ 4 $ — $ 6 $ (7 ) $ — $ (3 ) $ — $ —
Unrealized Investment Gains and Losses	Net unrealized gains and losses on available-for-sale (Amounts in millions) June 30, 2022 December 31, 2021 Net unrealized gains (losses) on fixed maturity securities without an allowance for credit losses (1) $ (1,961 ) $ 7,869 Net unrealized gains (losses) on fixed maturity securities with an allowance for credit losses (1) — — Adjustments to DAC, present value of future profits, sales inducements, benefit reserves and policyholder contract balances (17 ) (5,487 ) Income taxes, net 370 (507 ) Net unrealized investment gains (losses) (1,608 ) 1,875 Less: net unrealized investment gains (losses) attributable to noncontrolling interests (54 ) 15 Net unrealized investment gains (losses) attributable to Genworth Financial, Inc. $ (1,554 ) $ 1,860 (1) Excludes foreign exchange.
Change in Net Unrealized Gains (Losses) on Available-for-Sale Investment Securities Reported in Accumulated Other Comprehensive Income (Loss)	The change in net unrealized gains (losses) on available-for-sale As of or for the (Amounts in millions) 2022 2021 Beginning balance $ 850 $ 1,919 Unrealized gains (losses) arising during the period: Unrealized gains (losses) on fixed maturity securities (4,713 ) 1,774 Adjustment to deferred acquisition costs 1,082 42 Adjustment to present value of future profits 80 1 Adjustment to sales inducements 2 2 Adjustment to benefit reserves 519 (1,887 ) Provision for income taxes 594 14 Change in unrealized gains (losses) on investment securities (2,436 ) (54 ) Reclassification adjustments to net investment (gains) losses, net of taxes of $(1) and $— 4 — Change in net unrealized investment gains (losses) (2,432 ) (54 ) Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests (28 ) — Ending balance $ (1,554 ) $ 1,865 As of or for the (Amounts in millions) 2022 2021 Beginning balance $ 1,860 $ 2,214 Unrealized gains (losses) arising during the period: Unrealized gains (losses) on fixed maturity securities (9,843 ) (1,609 ) Adjustment to deferred acquisition costs 1,319 (132 ) Adjustment to present value of future profits 81 2 Adjustment to sales inducements 24 5 Adjustment to benefit reserves 4,046 1,258 Provision for income taxes 880 106 Change in unrealized gains (losses) on investment securities (3,493 ) (370 ) Reclassification adjustments to net investment (gains) losses, net of taxes of $ 10 (4 ) Change in net unrealized investment gains (losses) (3,483 ) (374 ) Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests (69 ) (25 ) Ending balance $ (1,554 ) $ 1,865
Fixed Maturity Securities	As of June 30, 2022, the amortized cost or cost, gross unrealized gains (losses), allowance for credit losses and fair value of our fixed maturity securities classified as available-for-sale (Amounts in millions) Amortized Gross Gross Allowance Fair value Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 3,387 $ 274 $ (34 ) $ — $ 3,627 State and political subdivisions 2,971 74 (196 ) — 2,849 Non-U.S. 762 17 (97 ) — 682 U.S. corporate: Utilities 4,253 135 (285 ) — 4,103 Energy 2,496 54 (173 ) — 2,377 Finance and insurance 7,947 126 (604 ) — 7,469 Consumer—non-cyclical 4,912 172 (292 ) — 4,792 Technology and communications 3,224 60 (260 ) — 3,024 Industrial 1,263 22 (98 ) — 1,187 Capital goods 2,326 77 (145 ) — 2,258 Consumer—cyclical 1,679 27 (125 ) — 1,581 Transportation 1,113 52 (61 ) — 1,104 Other 353 8 (13 ) — 348 Total U.S. corporate 29,566 733 (2,056 ) — 28,243 Non-U.S. Utilities 864 3 (57 ) — 810 Energy 1,123 36 (62 ) — 1,097 Finance and insurance 2,103 62 (153 ) — 2,012 Consumer—non-cyclical 630 4 (64 ) — 570 Technology and communications 1,007 10 (74 ) — 943 Industrial 903 21 (63 ) — 861 Capital goods 609 6 (50 ) — 565 Consumer—cyclical 314 — (29 ) — 285 Transportation 392 20 (22 ) — 390 Other 960 39 (50 ) — 949 Total non-U.S. 8,905 201 (624 ) — 8,482 Residential mortgage-backed 1,214 36 (37 ) — 1,213 Commercial mortgage-backed 2,272 7 (142 ) — 2,137 Other asset-backed 2,171 1 (119 ) — 2,053 Total available-for-sale fixed maturity securities $ 51,248 $ 1,343 $ (3,305 ) $ — $ 49,286 As of December 31, 2021, the amortized cost or cost, gross unrealized gains (losses), allowance for credit losses and fair value of our fixed maturity securities classified as available-for-sale (Amounts in millions) Amortized Gross Gross Allowance Fair Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 3,368 $ 1,184 $ — $ — $ 4,552 State and political subdivisions 2,982 474 (6 ) — 3,450 Non-U.S. 762 86 (13 ) — 835 U.S. corporate: Utilities 4,330 783 (9 ) — 5,104 Energy 2,581 363 (10 ) — 2,934 Finance and insurance 8,003 1,012 (24 ) — 8,991 Consumer—non-cyclical 5,138 1,029 (8 ) — 6,159 Technology and communications 3,345 476 (13 ) — 3,808 Industrial 1,322 175 (3 ) — 1,494 Capital goods 2,334 415 (4 ) — 2,745 Consumer—cyclical 1,703 203 (7 ) — 1,899 Transportation 1,122 249 — — 1,371 Other 379 41 (1 ) — 419 Total U.S. corporate 30,257 4,746 (79 ) — 34,924 Non-U.S. Utilities 867 63 (2 ) — 928 Energy 1,194 190 (1 ) — 1,383 Finance and insurance 2,171 270 (9 ) — 2,432 Consumer—non-cyclical 664 81 (2 ) — 743 Technology and communications 1,085 166 (1 ) — 1,250 Industrial 933 117 (3 ) — 1,047 Capital goods 640 66 (1 ) — 705 Consumer—cyclical 316 27 (2 ) — 341 Transportation 422 68 (1 ) — 489 Other 1,052 169 (4 ) — 1,217 Total non-U.S. 9,344 1,217 (26 ) — 10,535 Residential mortgage-backed 1,325 116 (1 ) — 1,440 Commercial mortgage-backed 2,435 152 (3 ) — 2,584 Other asset-backed 2,138 29 (7 ) — 2,160 Total available-for-sale fixed maturity securities $ 52,611 $ 8,004 $ (135 ) $ — $ 60,480
Gross Unrealized Losses and Fair Values of Securities in a Continuous Unrealized Loss Position	The following table presents the gross unrealized losses and fair values of our fixed maturity securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of June 30, 2022: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 797 $ (33 ) 49 $ 10 $ (1 ) 3 $ 807 $ (34 ) 52 State and political subdivisions 1,531 (193 ) 272 25 (3 ) 5 1,556 (196 ) 277 Non-U.S. 389 (73 ) 64 73 (24 ) 12 462 (97 ) 76 U.S. corporate 17,949 (1,896 ) 2,235 622 (160 ) 72 18,571 (2,056 ) 2,307 Non-U.S. 5,407 (558 ) 691 248 (66 ) 35 5,655 (624 ) 726 Residential mortgage-backed 474 (36 ) 121 4 (1 ) 5 478 (37 ) 126 Commercial mortgage-backed 1,882 (137 ) 265 42 (5 ) 6 1,924 (142 ) 271 Other asset-backed 1,798 (113 ) 319 78 (6 ) 19 1,876 (119 ) 338 Total for fixed maturity securities in an unrealized loss $ 30,227 $ (3,039 ) 4,016 $ 1,102 $ (266 ) 157 $ 31,329 $ (3,305 ) 4,173 % Below cost: <20% Below cost $ 28,164 $ (2,402 ) 3,756 $ 627 $ (101 ) 98 $ 28,791 $ (2,503 ) 3,854 20%-50% 2,063 (637 ) 260 475 (165 ) 59 2,538 (802 ) 319 Total for fixed maturity securities in an unrealized loss $ 30,227 $ (3,039 ) 4,016 $ 1,102 $ (266 ) 157 $ 31,329 $ (3,305 ) 4,173 Investment grade $ 28,568 $ (2,801 ) 3,763 $ 1,023 $ (241 ) 144 $ 29,591 $ (3,042 ) 3,907 Below investment grade 1,659 (238 ) 253 79 (25 ) 13 1,738 (263 ) 266 Total for fixed maturity securities in an unrealized loss $ 30,227 $ (3,039 ) 4,016 $ 1,102 $ (266 ) 157 $ 31,329 $ (3,305 ) 4,173 The following table presents the gross unrealized losses and fair values of our corporate securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of June 30, 2022: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities U.S. corporate: Utilities $ 2,176 $ (268 ) 301 $ 56 $ (17 ) 15 $ 2,232 $ (285 ) 316 Energy 1,534 (162 ) 205 53 (11 ) 6 1,587 (173 ) 211 Finance and insurance 5,276 (554 ) 637 183 (50 ) 17 5,459 (604 ) 654 Consumer—non-cyclical 2,657 (268 ) 284 76 (24 ) 7 2,733 (292 ) 291 Technology and communications 2,192 (227 ) 282 123 (33 ) 11 2,315 (260 ) 293 Industrial 805 (96 ) 101 11 (2 ) 1 816 (98 ) 102 Capital goods 1,340 (138 ) 162 24 (7 ) 4 1,364 (145 ) 166 Consumer—cyclical 1,107 (111 ) 156 73 (14 ) 7 1,180 (125 ) 163 Transportation 716 (60 ) 87 5 (1 ) 2 721 (61 ) 89 Other 146 (12 ) 20 18 (1 ) 2 164 (13 ) 22 Subtotal, U.S. corporate securities 17,949 (1,896 ) 2,235 622 (160 ) 72 18,571 (2,056 ) 2,307 Non-U.S. Utilities 596 (51 ) 63 21 (6 ) 3 617 (57 ) 66 Energy 608 (61 ) 65 4 (1 ) 1 612 (62 ) 66 Finance and insurance 1,282 (117 ) 190 144 (36 ) 16 1,426 (153 ) 206 Consumer—non-cyclical 480 (61 ) 51 8 (3 ) 4 488 (64 ) 55 Technology and communications 704 (74 ) 83 — — — 704 (74 ) 83 Industrial 475 (58 ) 68 16 (5 ) 2 491 (63 ) 70 Capital goods 428 (50 ) 54 — — — 428 (50 ) 54 Consumer—cyclical 236 (26 ) 38 19 (3 ) 4 255 (29 ) 42 Transportation 195 (22 ) 25 — — — 195 (22 ) 25 Other 403 (38 ) 54 36 (12 ) 5 439 (50 ) 59 Subtotal, non-U.S. 5,407 (558 ) 691 248 (66 ) 35 5,655 (624 ) 726 Total for corporate securities in an unrealized loss position $ 23,356 $ (2,454 ) 2,926 $ 870 $ (226 ) 107 $ 24,226 $ (2,680 ) 3,033 The following table presents the gross unrealized losses and fair values of our fixed maturity securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of December 31, 2021: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities Fixed maturity securities: State and political subdivisions $ 339 $ (6 ) 67 $ — $ — — $ 339 $ (6 ) 67 Non-U.S. 173 (9 ) 28 19 (4 ) 1 192 (13 ) 29 U.S. corporate 2,593 (64 ) 266 196 (15 ) 22 2,789 (79 ) 288 Non-U.S. 912 (21 ) 124 62 (5 ) 8 974 (26 ) 132 Residential mortgage-backed 97 (1 ) 22 — — — 97 (1 ) 22 Commercial mortgage-backed 113 (2 ) 17 31 (1 ) 4 144 (3 ) 21 Other asset-backed 764 (7 ) 111 — — — 764 (7 ) 111 Total for fixed maturity securities in an unrealized loss position $ 4,991 $ (110 ) 635 $ 308 $ (25 ) 35 $ 5,299 $ (135 ) 670 % Below cost: <20% Below cost $ 4,991 $ (110 ) 635 $ 297 $ (20 ) 33 $ 5,288 $ (130 ) 668 20%-50% — — — 11 (5 ) 2 11 (5 ) 2 Total for fixed maturity securities in an unrealized loss position $ 4,991 $ (110 ) 635 $ 308 $ (25 ) 35 $ 5,299 $ (135 ) 670 Investment grade $ 4,644 $ (101 ) 587 $ 241 $ (12 ) 25 $ 4,885 $ (113 ) 612 Below investment grade 347 (9 ) 48 67 (13 ) 10 414 (22 ) 58 Total for fixed maturity securities in an unrealized loss position $ 4,991 $ (110 ) 635 $ 308 $ (25 ) 35 $ 5,299 $ (135 ) 670 The following table presents the gross unrealized losses and fair values of our corporate securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of December 31, 2021: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities U.S. corporate: Utilities $ 211 $ (7 ) 32 $ 29 $ (2 ) 7 $ 240 $ (9 ) 39 Energy 166 (3 ) 18 25 (7 ) 4 191 (10 ) 22 Finance and insurance 960 (22 ) 89 62 (2 ) 3 1,022 (24 ) 92 Consumer—non-cyclical 296 (7 ) 30 14 (1 ) 2 310 (8 ) 32 Technology and communications 378 (12 ) 37 29 (1 ) 2 407 (13 ) 39 Industrial 143 (3 ) 18 — — — 143 (3 ) 18 Capital goods 171 (3 ) 16 18 (1 ) 2 189 (4 ) 18 Consumer—cyclical 268 (7 ) 26 — — — 268 (7 ) 26 Other — — — 19 (1 ) 2 19 (1 ) 2 Subtotal, U.S. corporate securities 2,593 (64 ) 266 196 (15 ) 22 2,789 (79 ) 288 Non-U.S. Utilities 69 (2 ) 9 — — — 69 (2 ) 9 Energy 64 (1 ) 10 — — — 64 (1 ) 10 Finance and insurance 366 (8 ) 43 18 (1 ) 2 384 (9 ) 45 Consumer—non-cyclical 67 (1 ) 12 6 (1 ) 1 73 (2 ) 13 Technology and communications 48 (1 ) 8 — — — 48 (1 ) 8 Industrial 122 (3 ) 14 — — — 122 (3 ) 14 Capital goods 78 (1 ) 8 — — — 78 (1 ) 8 Consumer—cyclical 22 (1 ) 8 15 (1 ) 3 37 (2 ) 11 Transportation 37 (1 ) 7 — — — 37 (1 ) 7 Other 39 (2 ) 5 23 (2 ) 2 62 (4 ) 7 Subtotal, non-U.S. 912 (21 ) 124 62 (5 ) 8 974 (26 ) 132 Total for corporate securities in an unrealized loss position $ 3,505 $ (85 ) 390 $ 258 $ (20 ) 30 $ 3,763 $ (105 ) 420
Maturity Distribution of Fixed Maturity Securities	The scheduled maturity distribution of fixed maturity securities as of June 30, 2022 is set forth below. Actual maturities may differ from contractual maturities because issuers of securities may have the right to call or prepay obligations with or without call or prepayment penalties. (Amounts in millions) Amortized Fair Due one year or less $ 1,310 $ 1,314 Due after one year through five years 8,078 7,958 Due after five years through ten years 13,602 12,765 Due after ten years 22,601 21,846 Subtotal 45,591 43,883 Residential mortgage-backed 1,214 1,213 Commercial mortgage-backed 2,272 2,137 Other asset-backed 2,171 2,053 Total $ 51,248 $ 49,286
Allowance for Credit Losses and Recorded Investment in Commercial Mortgage Loans	The following table sets forth the allowance for credit losses related to commercial mortgage loans as of or for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Allowance for credit losses: Beginning balance $ 25 $ 32 $ 26 $ 31 Provision (3 ) 1 (4 ) 2 Write-offs — — — — Recoveries 1 — 1 — Ending balance $ 23 $ 33 $ 23 $ 33
Commercial Mortgage Loans By Credit Quality Indicator	The following tables set forth commercial mortgage loans by year of origination and credit quality indicator as of June 30, 2022: (Amounts in millions) 2022 2021 2020 2019 2018 2017 and Total Debt-to-value: 0%—50% $ 2 $ 25 $ 72 $ 62 $ 165 $ 2,062 $ 2,388 51%—60% 31 37 33 178 293 934 1,506 61%—75% 532 875 414 482 394 497 3,194 76%—100% — — — — — — — Greater than 100% — — — — — — — Total amortized cost $ 565 $ 937 $ 519 $ 722 $ 852 $ 3,493 $ 7,088 Debt service coverage ratio: Less than 1.00 $ — $ — $ 10 $ 19 $ 40 $ 114 $ 183 1.00—1.25 13 2 69 72 74 296 526 1.26—1.50 138 117 31 166 133 318 903 1.51—2.00 368 716 217 268 425 1,248 3,242 Greater than 2.00 46 102 192 197 180 1,517 2,234 Total amortized cost $ 565 $ 937 $ 519 $ 722 $ 852 $ 3,493 $ 7,088
Loan To Value Ratio
Commercial Mortgage Loans By Credit Quality Indicator	The following tables set forth the debt-to-value June 30, 2022 (Amounts in millions) 0%—50% 51%—60% 61%—75% 76%—100% Greater Total Property type: Retail $ 838 $ 598 $ 1,465 $ — $ — $ 2,901 Industrial 720 229 583 — — 1,532 Office 472 389 651 — — 1,512 Apartments 184 96 298 — — 578 Mixed use 118 74 158 — — 350 Other 56 120 39 — — 215 Total amortized cost $ 2,388 $ 1,506 $ 3,194 $ — $ — $ 7,088 % of total 34 % 21 % 45 % — % — % 100 % Weighted-average debt service coverage ratio 2.34 1.88 1.61 — — 1.91 December 31, 2021 (Amounts in millions) 0%—50% 51%—60% 61%—75% 76%—100% Greater than Total Property type: Retail $ 853 $ 611 $ 1,310 $ — $ — $ 2,774 Industrial 745 240 435 — — 1,420 Office 505 395 604 — 22 1,526 Apartments 200 102 283 — — 585 Mixed use 120 70 140 — — 330 Other 57 121 43 — — 221 Total amortized cost $ 2,480 $ 1,539 $ 2,815 $ — $ 22 $ 6,856 % of total 36 % 23 % 41 % — % — % 100 % Weighted-average debt service coverage ratio 2.36 1.83 1.61 — 0.68 1.93 The following tables set forth the debt service coverage ratio for fixed rate commercial mortgage loans by property type as of the dates indicated: June 30, 2022 (Amounts in millions) Less than 1.00 1.00—1.25 1.26—1.50 1.51—2.00 Greater Total Property type: Retail $ 94 $ 150 $ 429 $ 1,534 $ 694 $ 2,901 Industrial 6 76 134 663 653 1,532 Office 38 106 179 630 559 1,512 Apartments 17 62 84 239 176 578 Mixed use 23 31 40 137 119 350 Other 5 101 37 39 33 215 Total amortized cost $ 183 $ 526 $ 903 $ 3,242 $ 2,234 $ 7,088 % of total 3 % 7 % 13 % 46 % 31 % 100 % Weighted-average debt-to-value 60 % 60 % 63 % 61 % 44 % 56 % December 31, 2021 (Amounts in millions) Less than 1.00 1.00—1.25 1.26—1.50 1.51—2.00 Greater Total Property type: Retail $ 102 $ 166 $ 405 $ 1,375 $ 726 $ 2,774 Industrial 9 64 82 599 666 1,420 Office 67 109 167 593 590 1,526 Apartments 17 62 84 225 197 585 Mixed use 24 32 40 118 116 330 Other 4 126 13 48 30 221 Total amortized cost $ 223 $ 559 $ 791 $ 2,958 $ 2,325 $ 6,856 % of total 3 % 8 % 12 % 43 % 34 % 100 % Weighted-average debt-to-value 68 % 61 % 61 % 60 % 43 % 55 %
Other Geographic Area | Commercial Mortgage Loan
Distribution Across Property Type and Geographic Region for Commercial Mortgage Loans	The following tables set forth the distribution across property type and geographic region for commercial mortgage loans as of the dates indicated: June 30, 2022 December 31, 2021 (Amounts in millions) Carrying % of total Carrying % of total Property type: Retail $ 2,901 41 % $ 2,774 40 % Industrial 1,532 22 1,420 21 Office 1,512 21 1,526 22 Apartments 578 8 585 9 Mixed use 350 5 330 5 Other 215 3 221 3 Subtotal 7,088 100 % 6,856 100 % Allowance for credit losses (23 ) (26 ) Total $ 7,065 $ 6,830 June 30, 2022 December 31, 2021 (Amounts in millions) Carrying % of total Carrying % of total Geographic region: South Atlantic $ 1,816 26 % $ 1,770 26 % Pacific 1,391 20 1,360 20 Middle Atlantic 990 14 964 14 Mountain 967 14 892 13 West South Central 556 8 483 7 East North Central 469 6 465 7 West North Central 462 6 461 7 East South Central 227 3 224 3 New England 210 3 237 3 Subtotal 7,088 100 % 6,856 100 % Allowance for credit losses (23 ) (26 ) Total $ 7,065 $ 6,830

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Schedule Of Positions in Derivative Instruments	The following table sets forth our positions in derivative instruments as of the dates indicated: Derivative assets Derivative liabilities Fair value Fair value (Amounts in millions) Balance June 30, December 31, Balance June 30, December 31, Derivatives designated as hedges Cash flow hedges: Interest rate swaps Other invested assets $ 30 $ 364 Other liabilities $ 342 $ 26 Foreign currency swaps Other invested assets 17 6 Other liabilities — — Total cash flow hedges 47 370 342 26 Total derivatives designated as hedges 47 370 342 26 Derivatives not designated as hedges Equity index options Other invested assets 30 42 Other liabilities — — Financial futures Other invested assets — — Other liabilities — — Other foreign currency contracts Other invested assets — 2 Other liabilities — — GMWB embedded derivatives Reinsurance (1) 19 19 Policyholder (2) 277 271 Fixed index annuity embedded derivatives Other assets — — Policyholder (3) 233 294 Indexed universal life embedded derivatives Reinsurance — — Policyholder (4) 16 25 Total derivatives not designated as hedges 49 63 526 590 Total derivatives $ 96 $ 433 $ 868 $ 616 (1) Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities. (2) Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. (3) Represents the embedded derivatives associated with our fixed index annuity liabilities. (4) Represents the embedded derivatives associated with our indexed universal life liabilities.
Schedule of Notional Amounts Outstanding on Derivative Instruments	The following tables represent activity associated with derivative instruments as of the dates indicated: (Notional in millions) Measurement December 31, Additions Maturities/ June 30, Derivatives designated as hedges Cash flow hedges: Interest rate swaps Notional $ 7,653 $ 262 $ (102 ) $ 7,813 Foreign currency swaps Notional 127 — — 127 Total cash flow hedges 7,780 262 (102 ) 7,940 Total derivatives designated as hedges 7,780 262 (102 ) 7,940 Derivatives not designated as hedges Equity index options Notional 1,446 495 (628 ) 1,313 Financial futures Notional 946 1,973 (1,969 ) 950 Other foreign currency contracts Notional 83 — (83 ) — Total derivatives not designated as hedges 2,475 2,468 (2,680 ) 2,263 Total derivatives $ 10,255 $ 2,730 $ (2,782 ) $ 10,203 (Number of policies) Measurement December 31, Additions Maturities/ June 30, Derivatives not designated as hedges GMWB embedded derivatives Policies 21,804 — (906 ) 20,898 Fixed index annuity embedded derivatives Policies 9,344 — (1,055 ) 8,289 Indexed universal life embedded derivatives Policies 806 — (20 ) 786
Schedule of Pre-Tax Income (Loss) Effects of Cash Flow Hedges	The following table provides information about the pre-tax income effects of cash flow hedges for the three months ended June 30, 2022: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) Classification of gain Interest rate swaps hedging assets $ (405 ) $ 57 Net investment $ — Net investment Interest rate swaps hedging liabilities — (1 ) Interest expense — Net investment Foreign currency swaps 14 — Net investment — Net investment Total $ (391 ) $ 56 $ — The following table provides information about the pre-tax income effects of cash flow hedges for the three months ended June 30, 2021: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) Classification of gain Interest rate swaps hedging assets $ 314 $ 52 Net investment $ — Net investment Interest rate swaps hedging liabilities (8 ) — Interest expense — Net investment Foreign currency swaps 3 — Net investment — Net investment Total $ 309 $ 52 $ — The following table provides information about the pre-tax income effects of cash flow hedges for the six months ended June 30, 2022: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) Classification of gain Interest rate swaps hedging assets $ (655 ) $ 112 Net investment $ — Net investment Interest rate swaps hedging assets — 2 Net investment — Net investment Interest rate swaps hedging liabilities — (2 ) Interest expense — Net investment Foreign currency swaps 12 1 Net investment — Net investment Total $ (643 ) $ 113 $ — The following table provides information about the pre-tax income effects of cash flow hedges for the six months ended June 30, 2021: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) Classification of gain Interest rate swaps hedging assets $ (215 ) $ 104 Net investment $ — Net investment Interest rate swaps hedging liabilities 36 — Interest expense — Net investment Foreign currency swaps 1 — Net investment — Net investment Total $ (178 ) $ 104 $ —
Reconciliation of Current Period Changes, Net of Applicable Income Taxes, for Derivatives Qualifying as Hedge	The following tables provide a reconciliation of current period changes, net of applicable income taxes, for these designated derivatives presented in the separate component of stockholders’ equity labeled “derivatives qualifying as hedges,” for the periods indicated: Three months (Amounts in millions) 2022 2021 Derivatives qualifying as effective accounting hedges as of April 1 $ 1,789 $ 1,792 Current period increases (decreases) in fair value, net of deferred taxes of $84 and $(64) (307 ) 245 Reclassification to net (income), net of deferred taxes of $19 and $18 (37 ) (34 ) Derivatives qualifying as effective accounting hedges as of June 30 $ 1,445 $ 2,003 Six months ended (Amounts in millions) 2022 2021 Derivatives qualifying as effective accounting hedges as of January 1 $ 2,025 $ 2,211 Current period increases (decreases) in fair value, net of deferred taxes of $137 and $38 (506 ) (140 ) Reclassification to net (income), net of deferred taxes of $39 and $36 (74 ) (68 ) Derivatives qualifying as effective accounting hedges as of June 30 $ 1,445 $ 2,003
Schedule of Pre-Tax Gain (Loss) Recognized in Net Income (loss) for Effects of Derivatives Not Designated as Hedges	The following tables provide the pre-tax Three months ended Classification of gain (loss) recognized in net income (Amounts in millions) 2022 2021 Interest rate swaps $ — $ (1 ) Net investment gains (losses) Equity index options (1 ) 6 Net investment gains (losses) Financial futures 17 8 Net investment gains (losses) GMWB embedded derivatives (26 ) 2 Net investment gains (losses) Fixed index annuity embedded derivatives 11 (14 ) Net investment gains (losses) Indexed universal life embedded derivatives 8 3 Net investment gains (losses) Total derivatives not designated as hedges $ 9 $ 4 Six months ended Classification of gain (loss) recognized in net income (Amounts in millions) 2022 2021 Interest rate swaps $ — $ 3 Net investment gains (losses) Equity index options (7 ) 9 Net investment gains (losses) Financial futures (30 ) (102 ) Net investment gains (losses) GMWB embedded derivatives 6 107 Net investment gains (losses) Fixed index annuity embedded derivatives 23 (18 ) Net investment gains (losses) Indexed universal life embedded derivatives 19 13 Net investment gains (losses) Total derivatives not designated as hedges $ 11 $ 12
Derivative Assets and Liabilities Subject to Master Netting Arrangement	The following table presents additional information about derivative assets and liabilities subject to an enforceable master netting arrangement as of the dates indicated: June 30, 2022 December 31, 2021 (Amounts in millions) Derivative (1) Derivative (1) Net Derivative (1) Derivative (1) Net Amounts presented in the balance sheet: Gross amounts recognized $ 77 $ 342 $ (265 ) $ 414 $ 26 $ 388 Gross amounts offset in the balance sheet — — — — — — Net amounts presented in the balance sheet 77 342 (265 ) 414 26 388 Gross amounts not offset in the balance sheet: Financial instruments (2) (24 ) (24 ) — (20 ) (20 ) — Collateral received (41 ) — (41 ) (308 ) — (308 ) Collateral pledged — (825 ) 825 — (536 ) 536 Over collateralization — 507 (507 ) 2 530 (528 ) Net amount $ 12 $ — $ 12 $ 88 $ — $ 88 (1) Does not include amounts related to embedded derivatives as of June 30, 2022 and December 31, 2021. (2) Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty.

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Summary of Significant Inputs Used by Third-Party Pricing Services for Certain Fair Value Measurements of Fixed Maturity Securities that Classified as Level 2	The following table presents a summary of the significant inputs used by our pricing services for certain fair value measurements of fixed maturity securities that are classified as Level 2 as of June 30, 2022: (Amounts in millions) Fair value Primary methodologies Significant inputs U.S. government, agencies and government-sponsored enterprises $3,627 Price quotes from trading desk, broker feeds Bid side prices, trade prices, Option Adjusted State and political subdivisions $2,786 Multi-dimensional attribute-based modeling systems, third-party pricing vendors Trade prices, material event notices, Municipal Non-U.S. $679 Matrix pricing, spread priced to benchmark curves, price quotes from market makers Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources U.S. corporate $24,600 Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, OAS-based Bid side prices to Treasury Curve, Issuer Non-U.S. $6,588 Multi-dimensional attribute-based modeling systems, OAS-based Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources Residential mortgage-backed $1,183 OAS-based Prepayment and default assumptions, Commercial mortgage-backed $2,123 Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports Other asset-backed $1,924 Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers Spreads to daily updated swap curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports
Assets by Class of Instrument that are Measured at Fair Value on Recurring Basis	The following tables set forth our assets by class of instrument that are measured at fair value on a recurring basis as of the dates indicated: June 30, 2022 (Amounts in millions) Total Level 1 Level 2 Level 3 NAV (1) Assets Investments: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 3,627 $ — $ 3,627 $ — $ — State and political subdivisions 2,849 — 2,786 63 — Non-U.S. 682 — 679 3 — U.S. corporate: Utilities 4,103 — 3,293 810 — Energy 2,377 — 2,255 122 — Finance and insurance 7,469 — 6,815 654 — Consumer—non-cyclical 4,792 — 4,706 86 — Technology and communications 3,024 — 2,999 25 — Industrial 1,187 — 1,154 33 — Capital goods 2,258 — 2,220 38 — Consumer—cyclical 1,581 — 1,462 119 — Transportation 1,104 — 1,048 56 — Other 348 — 141 207 — Total U.S. corporate 28,243 — 26,093 2,150 — Non-U.S. Utilities 810 — 501 309 — Energy 1,097 — 964 133 — Finance and insurance 2,012 — 1,880 132 — Consumer—non-cyclical 570 — 503 67 — Technology and communications 943 — 917 26 — Industrial 861 — 792 69 — Capital goods 565 — 450 115 — Consumer—cyclical 285 — 206 79 — Transportation 390 — 369 21 — Other 949 — 927 22 — Total non-U.S. 8,482 — 7,509 973 — Residential mortgage-backed 1,213 — 1,183 30 — Commercial mortgage-backed 2,137 — 2,123 14 — Other asset-backed 2,053 — 1,924 129 — Total fixed maturity securities 49,286 — 45,924 3,362 — Equity securities 243 158 50 35 — Limited partnerships 1,649 — — 23 1,626 Other invested assets: Derivative assets: Interest rate swaps 30 — 30 — — Foreign currency swaps 17 — 17 — — Equity index options 30 — — 30 — Total derivative assets 77 — 47 30 — Short-term investments 50 — 50 — — Total other invested assets 127 — 97 30 — Reinsurance recoverable (2) 19 — — 19 — Separate account assets 4,683 4,683 — — — Total assets $ 56,007 $ 4,841 $ 46,071 $ 3,469 $ 1,626 (1) Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. December 31, 2021 (Amounts in millions) Total Level 1 Level 2 Level 3 NAV (1) Assets Investments: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 4,552 $ — $ 4,552 $ — $ — State and political subdivisions 3,450 — 3,368 82 — Non-U.S. 835 — 833 2 — U.S. corporate: Utilities 5,104 — 4,154 950 — Energy 2,934 — 2,858 76 — Finance and insurance 8,991 — 8,306 685 — Consumer—non-cyclical 6,159 — 6,055 104 — Technology and communications 3,808 — 3,779 29 — Industrial 1,494 — 1,457 37 — Capital goods 2,745 — 2,700 45 — Consumer—cyclical 1,899 — 1,762 137 — Transportation 1,371 — 1,307 64 — Other 419 — 165 254 — Total U.S. corporate 34,924 — 32,543 2,381 — Non-U.S. Utilities 928 — 583 345 — Energy 1,383 — 1,238 145 — Finance and insurance 2,432 — 2,272 160 — Consumer—non-cyclical 743 — 680 63 — Technology and communications 1,250 — 1,222 28 — Industrial 1,047 — 954 93 — Capital goods 705 — 532 173 — Consumer—cyclical 341 — 265 76 — Transportation 489 — 436 53 — Other 1,217 — 1,191 26 — Total non-U.S. 10,535 — 9,373 1,162 — Residential mortgage-backed 1,440 — 1,413 27 — Commercial mortgage-backed 2,584 — 2,568 16 — Other asset-backed 2,160 — 2,022 138 — Total fixed maturity securities 60,480 — 56,672 3,808 — Equity securities 198 101 60 37 — Limited partnerships 1,462 — — 26 1,436 Other invested assets: Derivative assets: Interest rate swaps 364 — 364 — — Foreign currency swaps 6 — 6 — — Equity index options 42 — — 42 — Other foreign currency contracts 2 — 2 — — Total derivative assets 414 — 372 42 — Short-term investments 26 — 26 — — Total other invested assets 440 — 398 42 — Reinsurance recoverable (2) 19 — — 19 — Separate account assets 6,066 6,066 — — — Total assets $ 68,665 $ 6,167 $ 57,130 $ 3,932 $ 1,436 (1) Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.
Assets Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value	The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: Beginning as of Total realized and Ending as of Total gains (losses) (Amounts in millions) Included Included Purchases Sales Issuances Settlements Transfer (1) Transfer (1) Included Included Fixed maturity securities: State and political subdivisions $ 71 $ 1 $ (9 ) $ — $ — $ — $ — $ — $ — $ 63 $ 1 $ (9 ) Non-U.S. 1 — — 2 — — — — — 3 — — U.S. corporate: Utilities 912 — (92 ) — — — (1 ) 2 (11 ) 810 — (92 ) Energy 72 — (11 ) — — — (7 ) 68 — 122 — (11 ) Finance and insurance 676 — (67 ) 85 — — (1 ) — (39 ) 654 — (61 ) Consumer—non-cyclical 92 — (6 ) — — — — — — 86 — (5 ) Technology and communications 28 — (3 ) — — — — — — 25 — (3 ) Industrial 35 — (2 ) — — — — — — 33 — (2 ) Capital goods 41 — (3 ) — — — — — — 38 — (3 ) Consumer—cyclical 127 — (7 ) — — — (1 ) — — 119 — (7 ) Transportation 64 — (3 ) — — — (1 ) — (4 ) 56 — (3 ) Other 222 — (12 ) — — — (3 ) — — 207 — (12 ) Total U.S. corporate 2,269 — (206 ) 85 — — (14 ) 70 (54 ) 2,150 — (199 ) Non-U.S. Utilities 334 — (25 ) — — — — — — 309 — (24 ) Energy 138 — (7 ) 3 — — (1 ) — — 133 — (8 ) Finance and insurance 143 1 (12 ) — — — — — — 132 1 (12 ) Consumer—non-cyclical 60 — (4 ) — — — — 11 — 67 — (4 ) Technology and communications 27 — (1 ) — — — — — — 26 — (1 ) Industrial 74 — (4 ) — — — — — (1 ) 69 — (5 ) Capital goods 132 — (7 ) — (10 ) — — — — 115 — (7 ) Consumer—cyclical 86 — (7 ) — — — — — — 79 — (7 ) Transportation 22 — (1 ) — — — — — — 21 — (1 ) Other 24 — (2 ) — — — — — — 22 — (1 ) Total non-U.S. 1,040 1 (70 ) 3 (10 ) — (1 ) 11 (1 ) 973 1 (70 ) Residential mortgage-backed 33 — (2 ) 4 — — (1 ) — (4 ) 30 — (2 ) Commercial mortgage-backed 15 — (1 ) — — — — — — 14 — (2 ) Other asset-backed 100 — (5 ) 40 (6 ) — — — — 129 — (5 ) Total fixed maturity securities 3,529 2 (293 ) 134 (16 ) — (16 ) 81 (59 ) 3,362 2 (287 ) Equity securities 36 — — — (1 ) — — — — 35 — — Limited partnerships 26 (3 ) — — — — — — — 23 (3 ) — Other invested assets: Derivative assets: Equity index options 30 (1 ) — 3 — — (2 ) — — 30 (4 ) — Total derivative assets 30 (1 ) — 3 — — (2 ) — — 30 (4 ) — Total other invested assets 30 (1 ) — 3 — — (2 ) — — 30 (4 ) — Reinsurance recoverable (2) 17 2 — — — — — — — 19 2 — Total Level 3 assets $ 3,638 $ — $ (293 ) $ 137 $ (17 ) $ — $ (18 ) $ 81 $ (59 ) $ 3,469 $ (3 ) $ (287 ) (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. Beginning Total realized and Ending Total gains (losses) (Amounts in millions) Included Included Purchases Sales Issuances Settlements Transfer (1) Transfer (1) Included Included Fixed maturity securities: State and political subdivisions $ 68 $ 1 $ 6 $ — $ — $ — $ — $ — $ — $ 75 $ 1 $ 6 U.S. corporate: Utilities 793 — 23 8 — — (1 ) 19 — 842 — 23 Energy 122 — 8 — — — (1 ) — (52 ) 77 — 4 Finance and insurance 597 — 17 55 — — (8 ) — — 661 — 17 Consumer—non-cyclical 106 — 2 — — — (2 ) 3 — 109 — 1 Technology and communications 40 — 2 — — — — — (12 ) 30 — 1 Industrial 20 — — — — — — — — 20 — — Capital goods 58 — 1 — — — — — — 59 — 1 Consumer—cyclical 147 — 1 — — — (1 ) — (8 ) 139 — 1 Transportation 67 — 1 — — — (1 ) — — 67 — 1 Other 200 — — — — — (2 ) — — 198 — 1 Total U.S. corporate 2,150 — 55 63 — — (16 ) 22 (72 ) 2,202 — 50 Non-U.S. Utilities 375 — 5 — — — (8 ) — (24 ) 348 — 4 Energy 243 — 10 — — — (22 ) — (79 ) 152 — 5 Finance and insurance 290 — 17 — (2 ) — (52 ) — (51 ) 202 1 5 Consumer—non-cyclical 66 — — 8 — — — — — 74 — — Technology and communications 28 — — — — — — — — 28 — — Industrial 93 — 1 — — — — — — 94 — 1 Capital goods 175 — 1 5 — — — — — 181 — 2 Consumer—cyclical 144 — 2 1 — — — — — 147 — 2 Transportation 82 — 1 — — — — — — 83 — 2 Other 80 — 1 — — — (13 ) — (15 ) 53 — 1 Total non-U.S. 1,576 — 38 14 (2 ) — (95 ) — (169 ) 1,362 1 22 Residential mortgage-backed 13 — 1 — — — (1 ) — — 13 — — Commercial mortgage-backed 19 — — 1 — — — — — 20 — 1 Other asset-backed 96 — 1 — — — (5 ) — (4 ) 88 — 1 Total fixed maturity securities 3,922 1 101 78 (2 ) — (117 ) 22 (245 ) 3,760 2 80 Equity securities 43 — — — — — (5 ) — — 38 — — Limited partnerships 25 1 — — — — — — — 26 1 — Other invested assets: Derivative assets: Equity index options 53 6 — 5 — — (17 ) — — 47 2 — Total derivative assets 53 6 — 5 — — (17 ) — — 47 2 — Total other invested assets 53 6 — 5 — — (17 ) — — 47 2 — Reinsurance recoverable (2) 18 (1 ) — — — 1 — — — 18 (1 ) — Total Level 3 assets $ 4,061 $ 7 $ 101 $ 83 $ (2 ) $ 1 $ (139 ) $ 22 $ (245 ) $ 3,889 $ 4 $ 80 (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: Beginning Total realized Ending Total gains (losses) (Amounts in millions) Included Included Purchases Sales Issuances Settlements Transfer (1) Transfer (1) Included Included Fixed maturity securities: State and political subdivisions $ 82 $ 2 $ (21 ) $ — $ — $ — $ — $ — $ — $ 63 $ 2 $ (21 ) Non-U.S. 2 — — 2 (1 ) — — — — 3 — — U.S. corporate: Utilities 950 — (165 ) 35 — — (1 ) 2 (11 ) 810 — (165 ) Energy 76 — (15 ) — — — (7 ) 68 — 122 — (15 ) Finance and insurance 685 — (123 ) 151 — — (3 ) — (56 ) 654 — (116 ) Consumer—non-cyclical 104 — (11 ) — — — (7 ) — — 86 — (11 ) Technology and communications 29 — (4 ) — — — — — — 25 — (4 ) Industrial 37 — (4 ) — — — — — — 33 — (4 ) Capital goods 45 — (7 ) — — — — — — 38 — (6 ) Consumer—cyclical 137 — (15 ) — — — (3 ) — — 119 — (15 ) Transportation 64 — (6 ) 5 — — (3 ) — (4 ) 56 — (6 ) Other 254 — (23 ) — — — (7 ) — (17 ) 207 — (22 ) Total U.S. corporate 2,381 — (373 ) 191 — — (31 ) 70 (88 ) 2,150 — (364 ) Non-U.S. corporate: Utilities 345 — (46 ) 10 — — — — — 309 — (45 ) Energy 145 — (14 ) 3 — — (1 ) — — 133 — (15 ) Finance and insurance 160 2 (30 ) — — — — — — 132 2 (30 ) Consumer—non-cyclical 63 — (7 ) — — — — 11 — 67 — (7 ) Technology and communications 28 — (2 ) — — — — — — 26 — (2 ) Industrial 93 — (10 ) — — — — — (14 ) 69 — (9 ) Capital goods 173 — (15 ) — (10 ) — (33 ) — — 115 — (15 ) Consumer—cyclical 76 — (14 ) — — — — 17 — 79 — (14 ) Transportation 53 — (3 ) — — — (29 ) — — 21 — (3 ) Other 26 — (4 ) — — — — — — 22 — (3 ) Total non-U.S. corporate 1,162 2 (145 ) 13 (10 ) — (63 ) 28 (14 ) 973 2 (143 ) Residential mortgage-backed 27 — (3 ) 13 — — (2 ) 4 (9 ) 30 — (2 ) Commercial mortgage-backed 16 — (2 ) — — — — — — 14 — (3 ) Other asset-backed 138 — (12 ) 46 (6 ) — (3 ) — (34 ) 129 — (10 ) Total fixed maturity securities 3,808 4 (556 ) 265 (17 ) — (99 ) 102 (145 ) 3,362 4 (543 ) Equity securities 37 — — — (1 ) — — — (1 ) 35 — — Limited partnerships 26 (3 ) — — — — — — — 23 (3 ) — Other invested assets: Derivative assets: Equity index options 42 (7 ) — 8 — — (13 ) — — 30 2 — Total derivative assets 42 (7 ) — 8 — — (13 ) — — 30 2 — Total other invested assets 42 (7 ) — 8 — — (13 ) — — 30 2 — Reinsurance recoverable (2) 19 — — — — — — — — 19 — — Total Level 3 assets $ 3,932 $ (6 ) $ (556 ) $ 273 $ (18 ) $ — $ (112 ) $ 102 $ (146 ) $ 3,469 $ 3 $ (543 ) (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. Beginning Total realized and Ending Total gains (Amounts in millions) Included Included Purchases Sales Issuances Settlements Transfer (1) Transfer (1) Included Included Fixed maturity securities: State and political subdivisions $ 66 $ 2 $ 7 $ — $ — $ — $ — $ — $ — $ 75 $ 2 $ 7 U.S. corporate: Utilities 842 — (7 ) 16 — — (14 ) 19 (14 ) 842 — (6 ) Energy 128 — 4 — — — (3 ) — (52 ) 77 — — Finance and insurance 607 — (5 ) 73 — — (25 ) 17 (6 ) 661 — (5 ) Consumer—non-cyclical 109 — (1 ) — — — (2 ) 3 — 109 — (2 ) Technology and communications 47 — — 12 — — — 4 (33 ) 30 — (1 ) Industrial 40 — — — — — (20 ) — — 20 — — Capital goods 60 — (1 ) — — — — — — 59 — (1 ) Consumer—cyclical 150 — (1 ) — — — (2 ) — (8 ) 139 — (1 ) Transportation 70 — — — — — (3 ) — — 67 — — Other 219 — (2 ) — — — (5 ) 6 (20 ) 198 — — Total U.S. corporate 2,272 — (13 ) 101 — — (74 ) 49 (133 ) 2,202 — (16 ) Non-U.S. Utilities 352 — (2 ) 30 — — (8 ) — (24 ) 348 — (3 ) Energy 245 — 8 — — — (22 ) — (79 ) 152 — 3 Finance and insurance 305 1 1 — (2 ) — (52 ) — (51 ) 202 2 (11 ) Consumer—non-cyclical 67 — (1 ) 8 — — — — — 74 — (1 ) Technology and communications 28 — — — — — — — — 28 — — Industrial 95 — (1 ) — — — — — — 94 — (1 ) Capital goods 178 — (2 ) 5 — — — — — 181 — (1 ) Consumer—cyclical 146 — — 17 — — — — (16 ) 147 — — Transportation 109 — — — — — (19 ) — (7 ) 83 — 1 Other 83 — (1 ) — — — (14 ) — (15 ) 53 — (1 ) Total non-U.S. 1,608 1 2 60 (2 ) — (115 ) — (192 ) 1,362 2 (14 ) Residential mortgage-backed 14 — — — — — (1 ) — — 13 — — Commercial mortgage-backed 20 — (1 ) 1 — — — — — 20 — (1 ) Other asset-backed 109 — 1 3 — — (9 ) 2 (18 ) 88 — 1 Total fixed maturity securities 4,089 3 (4 ) 165 (2 ) — (199 ) 51 (343 ) 3,760 4 (23 ) Equity securities 51 — — — (8 ) — (5 ) — — 38 — — Limited partnerships 17 1 — 8 — — — — — 26 1 — Other invested assets: Derivative assets: Equity index options 63 9 — 10 — — (35 ) — — 47 4 — Total derivative assets 63 9 — 10 — — (35 ) — — 47 4 — Total other invested assets 63 9 — 10 — — (35 ) — — 47 4 — Reinsurance recoverable (2) 26 (9 ) — — — 1 — — — 18 (9 ) — Total Level 3 assets $ 4,246 $ 4 $ (4 ) $ 183 $ (10 ) $ 1 $ (239 ) $ 51 $ (343 ) $ 3,889 $ — $ (23 ) (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.
Gains and Losses Included in Net Income (Loss) from Assets Measured at Fair Value	The following table presents the gains and losses included in net income from assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Total realized and unrealized gains (losses) included in net income: Net investment income $ 2 $ 1 $ 4 $ 3 Net investment gains (losses) (2 ) 6 (10 ) 1 Total $ — $ 7 $ (6 ) $ 4 Total gains (losses) included in net income attributable to assets still held: Net investment income $ 2 $ 2 $ 4 $ 4 Net investment gains (losses) (5 ) 2 (1 ) (4 ) Total $ (3 ) $ 4 $ 3 $ —
Summary of Significant Unobservable Inputs Used for Certain Asset Fair Value Measurements	The following table presents a summary of the significant unobservable inputs used for certain asset fair value measurements that are based on internal models and classified as Level 3 as of June 30, 2022: (Amounts in millions) Valuation technique Fair value Unobservable input Range Weighted-average (1) Fixed maturity securities: U.S. corporate: Utilities Internal models $ 781 Credit spreads 57bps - 175bps Energy Internal models 46 Credit spreads 166bps - 229bps Finance and insurance Internal models 649 Credit spreads 75bps - 218bps Consumer— non-cyclical Internal models 86 Credit spreads 72bps - 171bps Technology and communications Internal models 25 Credit spreads 128bps - 163bps Industrial Internal models 33 Credit spreads 159bps - 227bps Capital goods Internal models 38 Credit spreads 97bps - 185bps Consumer—cyclical Internal models 119 Credit spreads 107bps - 180bps Transportation Internal models 47 Credit spreads 41bps - 143bps Other Internal models 149 Credit spreads 116bps - 140bps Total U.S. corporate Internal models $ 1,973 Credit spreads 41bps - 188bps Non-U.S. Utilities Internal models $ 309 Credit spreads 87bps - 167bps Energy Internal models 124 Credit spreads 123bps - 191bps Finance and insurance Internal models 131 Credit spreads 122bps - 172bps Consumer— non-cyclical Internal models 66 Credit spreads 72bps - 161bps Technology and communications Internal models 26 Credit spreads 123bps - 164bps Industrial Internal models 69 Credit spreads 97bps - 153bps Capital goods Internal models 115 Credit spreads 72bps - 200bps Consumer—cyclical Internal models 52 Credit spreads 159bps - 198bps Transportation Internal models 20 Credit spreads 185bps - 189bps Other Internal models 22 Credit spreads 86bps - 135bps Total non-U.S. Internal models $ 934 Credit spreads 72bps - 175bps Derivative assets: Equity index options Discounted cash flows $ 30 Equity index 6% - 35% 19% (1) Unobservable inputs weighted by the relative fair value of the associated instrument for fixed maturity securities and by notional for derivative assets.
Liabilities by Class of Instrument that are Measured at Fair Value on Recurring Basis	The following tables set forth our liabilities by class of instrument that are measured at fair value on a recurring basis as of the dates indicated: June 30, 2022 (Amounts in millions) Total Level 1 Level 2 Level 3 Liabilities Policyholder account balances: GMWB embedded derivatives (1) $ 277 $ — $ — $ 277 Fixed index annuity embedded derivatives 233 — — 233 Indexed universal life embedded derivatives 16 — — 16 Total policyholder account balances 526 — — 526 Derivative liabilities: Interest rate swaps 342 — 342 — Total derivative liabilities 342 — 342 — Total liabilities $ 868 $ — $ 342 $ 526 (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. December 31, 2021 (Amounts in millions) Total Level 1 Level 2 Level 3 Liabilities Policyholder account balances: GMWB embedded derivatives (1) $ 271 $ — $ — $ 271 Fixed index annuity embedded derivatives 294 — — 294 Indexed universal life embedded derivatives 25 — — 25 Total policyholder account balances 590 — — 590 Derivative liabilities: Interest rate swaps 26 — 26 — Total derivative liabilities 26 — 26 — Total liabilities $ 616 $ — $ 26 $ 590 (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.
Liabilities Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value	The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: Beginning balance as of April 1, 2022 Total realized and unrealized (gains) losses Ending balance as of June 30, 2022 Total (gains) losses attributable to liabilities still held (Amounts in millions) Included (income) Included in OCI Purchases Sales Issuances Settlements Transfer into Level 3 Transfer out of Level 3 Included in net (income) Included in OCI Policyholder account balances: GMWB embedded derivatives (1) $ 243 $ 28 $ — $ — $ — $ 6 $ — $ — $ — $ 277 $ 31 $ — Fixed index annuity embedded derivatives 261 (11 ) — — — — (17 ) — — 233 (11 ) — Indexed universal life embedded derivatives 21 (8 ) — — — 3 — — — 16 (8 ) — Total policyholder account balances 525 9 — — — 9 (17 ) — — 526 12 — Total Level 3 liabilities $ 525 $ 9 $ — $ — $ — $ 9 $ (17 ) $ — $ — $ 526 $ 12 $ — (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. Beginning balance as of April 1, 2021 Total realized and unrealized (gains) losses Ending balance as of June 30, 2021 Total (gains) losses attributable to liabilities still held (Amounts in millions) Included (income) Included in OCI Purchases Sales Issuances Settlements Transfer into Level 3 Transfer out of Level 3 Included in net (income) Included in OCI Policyholder account balances: GMWB embedded derivatives (1) $ 272 $ (3 ) $ — $ — $ — $ 6 $ — $ — $ — $ 275 $ (4 ) $ — Fixed index annuity embedded derivatives 362 14 — — — — (37 ) — — 339 14 — Indexed universal life embedded derivatives 23 (3 ) — — — 4 — — — 24 (3 ) — Total policyholder account balances 657 8 — — — 10 (37 ) — — 638 7 — Total Level 3 liabilities $ 657 $ 8 $ — $ — $ — $ 10 $ (37 ) $ — $ — $ 638 $ 7 $ — (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: Beginning balance as of January 1, 2022 Total realized and unrealized (gains) losses Ending balance as of June 30, 2022 Total (gains) losses attributable to liabilities still held (Amounts in millions) Included Included in OCI Purchases Sales Issuances Settlements Transfer into Level 3 Transfer out of Level 3 Included in net (income) Included in OCI Policyholder account balances: GMWB embedded derivatives (1) $ 271 $ (6 ) $ — $ — $ — $ 12 $ — $ — $ — $ 277 $ 1 $ — Fixed index annuity embedded derivatives 294 (23 ) — — — — (37 ) — (1 ) 233 (23 ) — Indexed universal life embedded derivatives 25 (19 ) — — — 10 — — — 16 (19 ) — Total policyholder account balances 590 (48 ) — — — 22 (37 ) — (1 ) 526 (41 ) — Total Level 3 liabilities $ 590 $ (48 ) $ — $ — $ — $ 22 $ (37 ) $ — $ (1 ) $ 526 $ (41 ) $ — (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. Beginning balance as of January 1, 2021 Total realized and unrealized (gains) losses Ending balance as of June 30, 2021 Total (gains) losses attributable to liabilities still held (Amounts in millions) Included (income) Included in OCI Purchases Sales Issuances Settlements Transfer into Level 3 Transfer out of Level 3 Included in net (income) Included in OCI Policyholder account balances: GMWB embedded derivatives (1) $ 379 $ (116 ) $ — $ — $ — $ 12 $ — $ — $ — $ 275 $ (111 ) $ — Fixed index annuity embedded derivatives 399 18 — — — — (78 ) — — 339 18 — Indexed universal life embedded derivatives 26 (13 ) — — — 11 — — — 24 (13 ) — Total policyholder account balances 804 (111 ) — — — 23 (78 ) — — 638 (106 ) — Total Level 3 liabilities $ 804 $ (111 ) $ — $ — $ — $ 23 $ (78 ) $ — $ — $ 638 $ (106 ) $ — (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.
Gains and Losses Included in Net (Income) from Liabilities Measured at Fair Value	The following table presents the gains and losses included in net (income) from liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated: Three months ended June 30, Six months ended June 30, (Amounts in millions) 2022 2021 2022 2021 Total realized and unrealized (gains) losses included in net (income): Net investment income $ — $ — $ — $ — Net investment (gains) losses 9 8 (48 ) (111 ) Total $ 9 $ 8 $ (48 ) $ (111 ) Total (gains) losses included in net (income) attributable to liabilities still held: Net investment income $ — $ — $ — $ — Net investment (gains) losses 12 7 (41 ) (106 ) Total $ 12 $ 7 $ (41 ) $ (106 )
Summary of Significant Unobservable Inputs Used for Certain Liability Fair Value Measurements	The following table presents a summary of the significant unobservable inputs used for certain liability fair value measurements that are based on internal models and classified as Level 3 as of June 30, 2022: (Amounts in millions) Valuation technique Fair value Unobservable input Range Weighted-average (1) Policyholder account balances: Withdrawal 61% - 88% 77% Lapse rate 2% - 9% 3% Non-performance 36bps -83bps 69bps GMWB embedded derivatives (2) Stochastic cash $ 277 Equity index 20% - 29% 24% Fixed index annuity embedded derivatives Option budget $ 233 Expected future — 1% Indexed universal life embedded derivatives Option budget $ 16 Expected future 3% - 14% 5% (1) Unobservable inputs weighted by the policyholder account balances associated with the instrument. (2) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The unobservable inputs associated with GMWB embedded derivatives are not interrelated and therefore, a directional change in one input will not affect the other inputs.
Fair Value Financial Instruments Not Required to be Carried at Fair Value	The following represents our estimated fair value of financial assets and liabilities that are not required to be carried at fair value as of the dates indicated: June 30, 2022 Notional amount Carrying amount Fair value (Amounts in millions) Total Level 1 Level 2 Level 3 Assets: Commercial mortgage loans, net (1) $ 7,065 $ 6,679 $ — $ — $ 6,679 Bank loan investments (1) 406 402 — — 402 Liabilities: Long-term borrowings (1) 1,773 1,336 — 1,336 — Investment contracts (1) 8,071 8,146 — — 8,146 Other firm commitments: Commitments to fund bank loan investments 75 — — — — — Ordinary course of business lending commitments 88 — — — — — (1) These financial instruments do not have notional amounts. December 31, 2021 Notional amount Carrying amount Fair value (Amounts in millions) Total Level 1 Level 2 Level 3 Assets: Commercial mortgage loans, net (1) $ 6,830 $ 7,224 $ — $ — $ 7,224 Bank loan investments (1) 363 370 — — 370 Liabilities: Long-term borrowings (1) 1,899 1,767 — 1,767 — Investment contracts (1) 8,657 9,352 — — 9,352 Other firm commitments: Commitments to fund bank loan investments 141 — — — — — Ordinary course of business lending commitments 125 — — — — — (1) These financial instruments do not have notional amounts.
Summary of carrying value of limited partnerships and commitments to fund	The following table presents the carrying value of limited partnerships and commitments to fund as of the dates indicated: June 30, 2022 December 31, 2021 (Amounts in millions) Carrying value Commitments to fund Carrying value Commitments to fund Limited partnerships accounted for at NAV: Private equity funds (1) $ 1,483 $ 1,080 $ 1,312 $ 950 Real estate funds (2) 84 145 67 101 Infrastructure funds (3) 59 11 57 13 Total limited partnerships accounted for at NAV 1,626 1,236 1,436 1,064 Limited partnerships accounted for at fair value 23 1 26 1 Limited partnerships accounted for under equity method of accounting 473 172 437 120 Low-income (4) 1 — 1 — Total $ 2,123 $ 1,409 $ 1,900 $ 1,185 (1) This class employs various investment strategies such as leveraged buyout, growth equity, venture capital and mezzanine financing, generally investing in debt or equity positions directly in companies or assets of various sizes across diverse industries globally, primarily concentrated in North America. (2) This class invests in real estate in North America, Europe and Asia via direct property ownership, joint ventures, mortgages and investments in debt and equity instruments. (3) This class invests in the debt or equity of cash flow generating assets diversified across a variety of industries, including transportation, energy infrastructure, renewable power, social infrastructure, power generation, water, telecommunications and other regulated entities globally. (4) Relates to limited partnership investments that invest in affordable housing projects that qualify for the Low-Income Housing Tax Credit and are accounted for using the proportional amortization method.

Deferred Acquisition Costs (Tab

Deferred Acquisition Costs (Tables)	6 Months Ended
	Jun. 30, 2022
Activity Impacting Deferred Acquisition Costs	The following table presents the activity impacting deferred acquisition costs (“DAC”) for the dates indicated: As of or for the six months ended June 30, (Amounts in millions) 2022 2021 Unamortized beginning balance $ 2,438 $ 2,809 Costs deferred 1 3 Amortization, net of interest accretion (152 ) (146 ) Unamortized ending balance 2,287 2,666 Accumulated effect of net unrealized investment (gains) losses 27 (1,454 ) Ending balance $ 2,314 $ 1,212

Liability for Policy and Cont_2

Liability for Policy and Contract Claims (Tables)	6 Months Ended
	Jun. 30, 2022
Changes in Liability for Policy and Contract Claims	The following table sets forth changes in our liability for policy and contract claims as of the dates indicated: As of or for the June 30, (Amounts in millions) 2022 2021 Beginning balance $ 11,841 $ 11,486 Less reinsurance recoverables (2,388 ) (2,431 ) Net beginning balance 9,453 9,055 Incurred related to insured events of: Current year 2,047 1,991 Prior years (483 ) (332 ) Total incurred 1,564 1,659 Paid related to insured events of: Current year (412 ) (477 ) Prior years (1,250 ) (1,255 ) Total paid (1,662 ) (1,732 ) Interest on liability for policy and contract claims 207 202 Net ending balance 9,562 9,184 Add reinsurance recoverables 2,353 2,362 Ending balance $ 11,915 $ 11,546

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
	Jun. 30, 2022
Schedule of Long Term Borrowings	The following table sets forth total long-term borrowings as of the dates indicated: (Amounts in millions) June 30, December 31, Genworth Holdings (1) 4.80% Senior Notes, due 2024 $ 152 $ 282 6.50% Senior Notes, due 2034 298 298 Floating Rate Junior Subordinated Notes, due 2066 598 598 Subtotal 1,048 1,178 Bond consent fees (11 ) (12 ) Deferred borrowing charges (6 ) (7 ) Total Genworth Holdings 1,031 1,159 Enact Holdings 6.50% Senior Notes, due 2025 (2) 750 750 Deferred borrowing charges (8 ) (10 ) Total Enact Holdings 742 740 Total $ 1,773 $ 1,899 (1) Genworth Holdings has the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread. (2) Senior notes issued by Enact Holdings, who has the option to redeem the notes in whole or in part at any time prior to February 15, 2025, by paying a make-whole premium plus accrued and unpaid interest.

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2022
Reconciliation of Federal Statutory Tax Rate to Effective Income Tax Rate	The reconciliation of the federal statutory tax rate to the effective income tax rate was as follows for the periods indicated: Three months ended Six months ended 2022 2021 2022 2021 Statutory U.S. federal income tax rate 21.0 % 21.0 % 21.0 % 21.0 % Increase in rate resulting from: Tax on income from terminated swaps 2.9 2.1 2.9 2.9 Other, net 1.0 0.3 0.7 0.3 Effective rate 24.9 % 23.4 % 24.6 % 24.2 %

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Summary of Revenues of Major Product Groups for Segments and Corporate and Other Activities	The following is a summary of revenues for our segments and Corporate and Other activities for the periods indicated: Three months ended Six months ended (Amounts in millions) 2022 2021 2022 2021 Revenues: Enact segment $ 273 $ 276 $ 543 $ 564 U.S. Life Insurance segment: Long-term care insurance 1,119 1,226 2,228 2,366 Life insurance 310 329 649 677 Fixed annuities 92 122 208 254 U.S. Life Insurance segment 1,521 1,677 3,085 3,297 Runoff segment 70 88 136 164 Corporate and Other activities 17 — 9 1 Total revenues $ 1,881 $ 2,041 $ 3,773 $ 4,026
Summary of Net Operating Income (Loss) for Segments and Corporate and Other Activities	The following tables present the reconciliation of net income available to Genworth Financial, Inc.’s common stockholders to adjusted operating income available to Genworth Financial, Inc.’s common stockholders and a summary of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities for the periods indicated: Three months ended June 30, Six months ended June 30, (Amounts in millions) 2022 2021 2022 2021 Net income available to Genworth Financial, Inc.’s common stockholders $ 181 $ 240 $ 330 $ 427 Add: net income from continuing operations attributable to noncontrolling interests 38 — 68 — Add: net income from discontinued operations attributable to noncontrolling interests — — — 8 Net income 219 240 398 435 Less: income (loss) from discontinued operations, net of taxes (1 ) (5 ) (3 ) 16 Income from continuing operations 220 245 401 419 Less: net income from continuing operations attributable to noncontrolling interests 38 — 68 — Income from continuing operations available to Genworth Financial, Inc.’s common stockholders 182 245 333 419 Adjustments to income from continuing operations available to Genworth Financial, Inc.’s common stockholders: Net investment (gains) losses, net (1) (10 ) (70 ) (38 ) (103 ) (Gains) losses on early extinguishment of debt 1 — 4 4 Expenses related to restructuring 1 5 1 26 Taxes on adjustments 2 14 7 16 Adjusted operating income available to Genworth Financial, Inc.’s common stockholders $ 176 $ 194 $ 307 $ 362 (1) For the three and six months ended June 30, 2022, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(2) million. Three months ended June 30, Six months ended June 30, (Amounts in millions) 2022 2021 2022 2021 Adjusted operating income (loss) available to Genworth Financial, Inc.’scommon stockholders: Enact segment $ 167 $ 135 $ 302 $ 261 U.S. Life Insurance segment: Long-term care insurance 34 98 93 193 Life insurance (34 ) (40 ) (113 ) (103 ) Fixed annuities 21 13 37 43 U.S. Life Insurance segment 21 71 17 133 Runoff segment 2 15 11 27 Corporate and Other activities (14 ) (27 ) (23 ) (59 ) Adjusted operating income available to Genworth Financial, Inc.’scommon stockholders $ 176 $ 194 $ 307 $ 362
Summary of Assets for Segments and Corporate and Other Activities	The following is a summary of total assets for our segments and Corporate and Other activities as of the dates indicated: (Amounts in millions) June 30, December 31, Assets: Enact segment $ 5,763 $ 5,850 U.S. Life Insurance segment 73,288 81,210 Runoff segment 8,264 9,460 Corporate and Other activities 1,753 2,651 Total assets $ 89,068 $ 99,171

Changes in Accumulated Other _2

Changes in Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2022
Component of Changes in Accumulated Other Comprehensive Income (Loss), Net of Taxes	The following tables show the changes in accumulated other comprehensive income (loss), net of taxes, by component as of and for the periods indicated: (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of April 1, 2022 $ 850 $ 1,789 $ (29 ) $ 2,610 OCI before reclassifications (2,436 ) (307 ) (7 ) (2,750 ) Amounts reclassified from (to) OCI 4 (37 ) — (33 ) Current period OCI (2,432 ) (344 ) (7 ) (2,783 ) Balances as of June 30, 2022 before noncontrolling interests (1,582 ) 1,445 (36 ) (173 ) Less: change in OCI attributable to noncontrolling interests (28 ) — — (28 ) Balances as of June 30, 2022 $ (1,554 ) $ 1,445 $ (36 ) $ (145 ) (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of April 1, 2021 $ 1,919 $ 1,792 $ (36 ) $ 3,675 OCI before reclassifications (54 ) 245 2 193 Amounts reclassified from (to) OCI — (34 ) — (34 ) Current period OCI (54 ) 211 2 159 Balances as of June 30, 2021 before noncontrolling interests 1,865 2,003 (34 ) 3,834 Less: change in OCI attributable to noncontrolling interests — — — — Balances as of June 30, 2021 $ 1,865 $ 2,003 $ (34 ) $ 3,834 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of January 1, 2022 $ 1,860 $ 2,025 $ (24 ) $ 3,861 OCI before reclassifications (3,493 ) (506 ) (12 ) (4,011 ) Amounts reclassified from (to) OCI 10 (74 ) — (64 ) Current period OCI (3,483 ) (580 ) (12 ) (4,075 ) Balances as of June 30, 2022 before noncontrolling interests (1,623 ) 1,445 (36 ) (214 ) Less: change in OCI attributable to noncontrolling interests (69 ) — — (69 ) Balances as of June 30, 2022 $ (1,554 ) $ 1,445 $ (36 ) $ (145 ) (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of January 1, 2021 $ 2,214 $ 2,211 $ — $ 4,425 OCI before reclassifications (370 ) (140 ) 138 (372 ) Amounts reclassified from (to) OCI (4 ) (68 ) — (72 ) Current period OCI (374 ) (208 ) 138 (444 ) Balances as of June 30, 2021 before noncontrolling interests 1,840 2,003 138 3,981 Less: change in OCI attributable to noncontrolling interests (25 ) — 172 147 Balances as of June 30, 2021 $ 1,865 $ 2,003 $ (34 ) $ 3,834 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2 ) See note 5 for additional information.
Reclassifications in (out) of Accumulated Other Comprehensive Income (Loss), Net of Taxes	The following table shows reclassifications in (out) of accumulated other comprehensive income (loss), net of taxes, for the periods presented: (Amounts in millions) Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the consolidated statements of income Three months ended Six months ended 2022 2021 2022 2021 Net unrealized investment (gains) losses: Unrealized (gains) losses on investments (1) $ 5 $ — $ 13 $ (5 ) Net investment (gains) losses Income taxes (1 ) — (3 ) 1 Provision for income taxes Total $ 4 $ — $ 10 $ (4 ) Derivatives qualifying as hedges: Interest rate swaps hedging assets $ (57 ) $ (52 ) $ (112 ) $ (104 ) Net investment income Interest rate swaps hedging assets — — (2 ) — Net investment (gains) losses Interest rate swaps hedging liabilities 1 — 2 — Interest expense Foreign currency swaps — — (1 ) — Net investment income Income taxes 19 18 39 36 Provision for income taxes Total $ (37 ) $ (34 ) $ (74 ) $ (68 ) (1) Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Summary of Operating Results Related to Discontinued Operations	A summary of operating results related to Genworth Australia reported as discontinued operations was as follows for the periods indicated: (Amounts in millions) Three months ended Six months ended Revenues: Premiums $ — $ 51 Net investment income — 4 Net investment gains (losses) — (5 ) Total revenues — 50 Benefits and expenses: Benefits and other changes in policy reserves — 11 Acquisition and operating expenses, net of deferrals — 7 Amortization of deferred acquisition costs and intangibles — 6 Interest expense — 1 Total benefits and expenses — 25 Income before income taxes and loss on sale (1) — 25 Provision for income taxes — 8 Income before loss on sale — 17 Loss on sale, net of taxes — (3 ) Income from discontinued operations, net of taxes — 14 Less: net income from discontinued operations attributable to noncontrolling interests — 8 Income from discontinued operations available to Genworth Financial, Inc.’s common stockholders $ — $ 6 (1) The six months ended June 30, 2021, includes pre-tax
Assets and liabilities held for sale and operating results related to discontinued operations	The following table presents the amounts owed to AXA under the settlement agreement reflected as liabilities related to discontinued operations in our condensed consolidated balance sheets as of the periods presented: (Amounts in millions) British Pounds U.S. Dollar June 30, December 31, June 30, December 31, Installment payments due to AXA: June 2022: Beginning balance £ — £ 159 $ — $ 217 Prepayments (1) — (159 ) — (217 ) Ending balance — — — — September 2022: Beginning balance — 187 — 256 Amounts billed as future losses — 45 — 61 Prepayments (1) — (232 ) — (324 ) Foreign exchange and other — — — 7 Ending balance — — — — Total amounts due under the promissory note — — — — Future claims: Estimated beginning balance 22 79 30 108 Plus: Additional amounts invoiced 2 — 2 — Change in estimated future claims — (10 ) — (14 ) Less: Amounts billed and included as mandatory prepayments — (45 ) — (61 ) Less: Amounts paid (23 ) (2 ) (31 ) (3 ) Foreign exchange and other — — — — Estimated future claims 1 22 1 30 Total amounts due to AXA under the settlement agreement £ 1 £ 22 $ 1 $ 30 (1) On March 3, 2021, we completed the sale of Genworth Australia and received net proceeds of approximately AUD483 million ($370 million). The sale of Genworth Australia resulted in a mandatory principal payment of approximately £176 million ($245 million) related to our outstanding secured promissory note issued to AXA, dated as of July 20, 2020, as amended by the parties in connection with the Genworth Australia sale. On September 21, 2021, we used a portion of the net proceeds from the minority IPO of Enact Holdings to repay the remaining outstanding balance of the secured promissory note of approximately £215 million ($296 million).

Formation of Genworth and Bas_2

Formation of Genworth and Basis of Presentation - Additional Information (Detail) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended	6 Months Ended
	Jul. 31, 2022 USD ($) $ / shares shares	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2022 USD ($) Segment	Jun. 30, 2021 USD ($)	May 02, 2022 USD ($)	Apr. 01, 2013
Number of operating segments | Segment			3
Stock repurchase program, authorized amount					$ 350
Number of shares repurchased | shares		3,869,494
Average price per share repurchased | $ / shares		$ 3.88
Payments for repurchase of common stock		$ 15	$ 15	$ 0
Stock repurchase program, remaining authorized repurchase amount	$ 320
Rule 10b5-1 trading plan
Number of shares repurchased | shares	4,034,794
Average price per share repurchased | $ / shares	$ 3.72
Payments for repurchase of common stock	$ 15
Genworth Holdings
Percentage of subsidiary equity ownership						100%

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Weighted-average shares used in basic earnings per share calculations		509	507	508.6	506.5
Stock options, restricted stock units and other equity-based awards		5.2	8	7.2	7.9
Weighted-average shares used in diluted earnings per share calculations		514.2	515	515.8	514.4
Income from continuing operations:
Income from continuing operations		$ 220	$ 245	$ 401	$ 419
Less: net income from continuing operations attributable to noncontrolling interests		38	0	68	0
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders		$ 182	$ 245	$ 333	$ 419
Basic per share		$ 0.36	$ 0.48	$ 0.65	$ 0.83
Diluted per share		$ 0.36	$ 0.47	$ 0.65	$ 0.82
Income (loss) from discontinued operations:
Income (loss) from discontinued operations, net of taxes		$ (1)	$ (5)	$ (3)	$ 16
Less: net income from discontinued operations attributable to noncontrolling interests		0	0	0	8
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders		$ (1)	$ (5)	$ (3)	$ 8
Basic per share		$ 0	$ (0.01)	$ (0.01)	$ 0.02
Diluted per share		$ 0	$ (0.01)	$ (0.01)	$ 0.02
Net income:
Income from continuing operations		$ 220	$ 245	$ 401	$ 419
Income (loss) from discontinued operations, net of taxes		(1)	(5)	(3)	16
Net income		219	240	398	435
Less: net income attributable to noncontrolling interests		38	0	68	8
Net income available to Genworth Financial, Inc.'s common stockholders		$ 181	$ 240	$ 330	$ 427
Basic per share	[1]	$ 0.36	$ 0.47	$ 0.65	$ 0.84
Diluted per share	[1]	$ 0.35	$ 0.47	$ 0.64	$ 0.83
[1]May not total due to whole number calculation.

Net Investment Income (Detail)

Net Investment Income (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net Investment Income [Line Items]
Gross investment income before expenses and fees	$ 809	$ 866	$ 1,593	$ 1,687
Expenses and fees	(22)	(22)	(42)	(42)
Net investment income	787	844	1,551	1,645
Fixed maturity securities—taxable
Net Investment Income [Line Items]
Gross investment income before expenses and fees	578	608	1,158	1,207
Fixed maturity securities—non-taxable
Net Investment Income [Line Items]
Gross investment income before expenses and fees	1	1	2	3
Equity Securities
Net Investment Income [Line Items]
Gross investment income before expenses and fees	2	2	4	5
Commercial mortgage loans
Net Investment Income [Line Items]
Gross investment income before expenses and fees	78	103	159	181
Policy Loans
Net Investment Income [Line Items]
Gross investment income before expenses and fees	51	40	101	90
Limited partnerships
Net Investment Income [Line Items]
Gross investment income before expenses and fees	32	54	39	85
Other invested assets
Net Investment Income [Line Items]
Gross investment income before expenses and fees	66	58	129	116
Cash, cash equivalents, restricted cash and short-term investments
Net Investment Income [Line Items]
Gross investment income before expenses and fees	$ 1	$ 0	$ 1	$ 0

Net Investment Gains (Losses) (

Net Investment Gains (Losses) (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Available-for-sale fixed maturity securities:
Realized gains		$ 5	$ 5	$ 15	$ 12
Realized losses		(9)	(4)	(27)	(7)
Net realized gains (losses) on available-for-sale fixed maturity securities		(4)	1	(12)	5
Net realized gains (losses) on equity securities sold		0	(2)	0	(7)
Net realized gains (losses) on limited partnerships		0	0	0	3
Total net realized investment gains (losses)		(4)	(1)	(12)	1
Net change in allowance for credit losses on available-for-sale fixed maturity securities		0	(4)	0	(6)
Write-down of available-for-sale fixed maturity securities	[1]	0	0	(2)	(1)
Net unrealized gains (losses) on equity securities still held		(27)	6	(33)	(2)
Net unrealized gains (losses) on limited partnerships		24	65	59	99
Commercial mortgage loans		2	(1)	3	(2)
Derivative instruments	[2]	9	4	13	12
Other		4	1	8	2
Total net investment gains (losses)		$ 8	$ 70	$ 36	$ 103
[1]Represents write-down of securities deemed uncollectible or that we intend to sell or will be required to sell prior to recovery of the amortized cost basis.[2]See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses).

Net Investment Allowance for Cr

Net Investment Allowance for Credit Losses (Detail) - Fixed maturity securities - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2021
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Beginning Balance	$ 3	$ 4
Increase from securities without allowance in previous periods	0	0
Increase (decrease) from securities with allowance in previous periods	4	6
Securities Sold	(7)	(7)
Decrease due to change in intent or requirement to sell	0	0
Write-offs	0	(3)
Recoveries	0	0
Ending Balance	0	0
Non-U.S. corporate
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Beginning Balance	3	1
Increase from securities without allowance in previous periods	0	0
Increase (decrease) from securities with allowance in previous periods	4	6
Securities Sold	(7)	(7)
Decrease due to change in intent or requirement to sell	0	0
Write-offs	0	0
Recoveries	0	0
Ending Balance	0	0
Commercial mortgage-backed
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Beginning Balance		3
Increase from securities without allowance in previous periods		0
Increase (decrease) from securities with allowance in previous periods		0
Securities Sold		0
Decrease due to change in intent or requirement to sell		0
Write-offs		(3)
Recoveries		0
Ending Balance	$ 0	$ 0

Investments - Additional Inform

Investments - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Schedule of Investments [Line Items]
Percentage of investment portfolio by which no other industry group exceeded	10%
Percentage of stockholders' equity by which no single issuer of fixed maturity securities exceeded	10
Total Assets	$ 89,068	$ 99,171
Commercial mortgage loans, amortized cost	7,088	6,856
Commercial mortgage loan modifications, borrowers experiencing financial difficulty
Schedule of Investments [Line Items]
Commercial mortgage loans, amortized cost	0
Limited Partnership Interests | Variable interest Entity, not primary beneficiary
Schedule of Investments [Line Items]
Total Assets	$ 2,036	1,829
Finance and insurance | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%	25%
Utilities | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%	13%
Consumer-non-cyclical | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%	15%
Technology and Communications | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%	11%
Office
Schedule of Investments [Line Items]
Commercial mortgage loans, amortized cost	$ 1,512	1,526
Write-offs		8
Office | 31 to 60 Past due
Schedule of Investments [Line Items]
Commercial mortgage loans on nonaccrual status		$ 22

Net Unrealized Gains and Losses

Net Unrealized Gains and Losses on Available-for-Sale Investment Securities Reflected as Separate Component of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions		Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Components of Net Unrealized Investment Gains Losses Included in Accumulated Other Comprehensive Income Loss [Line Items]
Net unrealized gains (losses) on fixed maturity securities without an allowance for credit losses	[1]	$ (1,961)		$ 7,869
Net unrealized gains (losses) on fixed maturity securities with an allowance for credit losses	[1]	0		0
Adjustments to DAC, present value of future profits, sales inducements, benefit reserves and policyholder contract balances		(17)		(5,487)
Income taxes, net		370		(507)
Net unrealized investment gains (losses)		(1,608)		1,875
Less: net unrealized investment gains (losses) attributable to noncontrolling interests		(54)		15
Net unrealized investment gains (losses)		$ (1,554)	$ 850	$ 1,860	$ 1,865	$ 1,919	$ 2,214
[1]Excludes foreign exchange.

Change in Net Unrealized Gains

Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities Reported in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Investments [Abstract]
Beginning balance	$ 850	$ 1,919	$ 1,860	$ 2,214
Unrealized gains (losses) on fixed maturity securities	(4,713)	1,774	(9,843)	(1,609)
Adjustment to deferred acquisition costs	1,082	42	1,319	(132)
Adjustment to present value of future profits	80	1	81	2
Adjustment to sales inducements	2	2	24	5
Adjustment to benefit reserves	519	(1,887)	4,046	1,258
Provision for income taxes	594	14	880	106
Change in unrealized gains (losses) on investment securities	(2,436)	(54)	(3,493)	(370)
Reclassification adjustments to net investment (gains) losses, net of taxes	4	0	10	(4)
Change in net unrealized investment gains (losses)	(2,432)	(54)	(3,483)	(374)
Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests	(28)	0	(69)	(25)
Ending balance	$ (1,554)	$ 1,865	$ (1,554)	$ 1,865

Change in Net Unrealized Gain_2

Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities Reported in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Components of Net Unrealized Investment Gains Losses Included in Accumulated Other Comprehensive Income Loss [Line Items]
Reclassification adjustments to net investment (gains) losses, taxes	$ (1)	$ 0	$ (3)	$ 1

Amortized Cost or Cost, Gross U

Amortized Cost or Cost, Gross Unrealized Gains (Losses) and Fair Value of Fixed Maturity and Equity Securities Classified as Available-for-Sale (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	$ 51,248	$ 52,611
Fair value, fixed maturity securities	49,286	60,480
Fixed maturity securities
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	51,248	52,611
Gross unrealized gains, fixed maturity securities	1,343	8,004
Gross unrealized losses, fixed maturity securities	(3,305)	(135)
Allowance for credit losses	0	0	$ 0	$ (3)	$ (4)
Fair value, fixed maturity securities	49,286	60,480
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	3,387	3,368
Gross unrealized gains, fixed maturity securities	274	1,184
Gross unrealized losses, fixed maturity securities	(34)	0
Allowance for credit losses	0	0
Fair value, fixed maturity securities	3,627	4,552
Fixed maturity securities | State and Political Subdivisions
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,971	2,982
Gross unrealized gains, fixed maturity securities	74	474
Gross unrealized losses, fixed maturity securities	(196)	(6)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	2,849	3,450
Fixed maturity securities | Non-U.S. government
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	762	762
Gross unrealized gains, fixed maturity securities	17	86
Gross unrealized losses, fixed maturity securities	(97)	(13)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	682	835
Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	29,566	30,257
Gross unrealized gains, fixed maturity securities	733	4,746
Gross unrealized losses, fixed maturity securities	(2,056)	(79)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	28,243	34,924
Fixed maturity securities | U.S. corporate | Utilities
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	4,253	4,330
Gross unrealized gains, fixed maturity securities	135	783
Gross unrealized losses, fixed maturity securities	(285)	(9)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	4,103	5,104
Fixed maturity securities | U.S. corporate | Energy
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,496	2,581
Gross unrealized gains, fixed maturity securities	54	363
Gross unrealized losses, fixed maturity securities	(173)	(10)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	2,377	2,934
Fixed maturity securities | U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	7,947	8,003
Gross unrealized gains, fixed maturity securities	126	1,012
Gross unrealized losses, fixed maturity securities	(604)	(24)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	7,469	8,991
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	4,912	5,138
Gross unrealized gains, fixed maturity securities	172	1,029
Gross unrealized losses, fixed maturity securities	(292)	(8)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	4,792	6,159
Fixed maturity securities | U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	3,224	3,345
Gross unrealized gains, fixed maturity securities	60	476
Gross unrealized losses, fixed maturity securities	(260)	(13)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	3,024	3,808
Fixed maturity securities | U.S. corporate | Industrial
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,263	1,322
Gross unrealized gains, fixed maturity securities	22	175
Gross unrealized losses, fixed maturity securities	(98)	(3)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	1,187	1,494
Fixed maturity securities | U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,326	2,334
Gross unrealized gains, fixed maturity securities	77	415
Gross unrealized losses, fixed maturity securities	(145)	(4)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	2,258	2,745
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,679	1,703
Gross unrealized gains, fixed maturity securities	27	203
Gross unrealized losses, fixed maturity securities	(125)	(7)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	1,581	1,899
Fixed maturity securities | U.S. corporate | Transportation
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,113	1,122
Gross unrealized gains, fixed maturity securities	52	249
Gross unrealized losses, fixed maturity securities	(61)	0
Allowance for credit losses	0	0
Fair value, fixed maturity securities	1,104	1,371
Fixed maturity securities | U.S. corporate | Other
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	353	379
Gross unrealized gains, fixed maturity securities	8	41
Gross unrealized losses, fixed maturity securities	(13)	(1)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	348	419
Fixed maturity securities | Non-U.S. corporate
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	8,905	9,344
Gross unrealized gains, fixed maturity securities	201	1,217
Gross unrealized losses, fixed maturity securities	(624)	(26)
Allowance for credit losses	0	0	0	$ (3)	(1)
Fair value, fixed maturity securities	8,482	10,535
Fixed maturity securities | Non-U.S. corporate | Utilities
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	864	867
Gross unrealized gains, fixed maturity securities	3	63
Gross unrealized losses, fixed maturity securities	(57)	(2)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	810	928
Fixed maturity securities | Non-U.S. corporate | Energy
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,123	1,194
Gross unrealized gains, fixed maturity securities	36	190
Gross unrealized losses, fixed maturity securities	(62)	(1)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	1,097	1,383
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,103	2,171
Gross unrealized gains, fixed maturity securities	62	270
Gross unrealized losses, fixed maturity securities	(153)	(9)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	2,012	2,432
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	630	664
Gross unrealized gains, fixed maturity securities	4	81
Gross unrealized losses, fixed maturity securities	(64)	(2)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	570	743
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,007	1,085
Gross unrealized gains, fixed maturity securities	10	166
Gross unrealized losses, fixed maturity securities	(74)	(1)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	943	1,250
Fixed maturity securities | Non-U.S. corporate | Industrial
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	903	933
Gross unrealized gains, fixed maturity securities	21	117
Gross unrealized losses, fixed maturity securities	(63)	(3)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	861	1,047
Fixed maturity securities | Non-U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	609	640
Gross unrealized gains, fixed maturity securities	6	66
Gross unrealized losses, fixed maturity securities	(50)	(1)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	565	705
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	314	316
Gross unrealized gains, fixed maturity securities	0	27
Gross unrealized losses, fixed maturity securities	(29)	(2)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	285	341
Fixed maturity securities | Non-U.S. corporate | Transportation
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	392	422
Gross unrealized gains, fixed maturity securities	20	68
Gross unrealized losses, fixed maturity securities	(22)	(1)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	390	489
Fixed maturity securities | Non-U.S. corporate | Other
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	960	1,052
Gross unrealized gains, fixed maturity securities	39	169
Gross unrealized losses, fixed maturity securities	(50)	(4)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	949	1,217
Fixed maturity securities | Residential mortgage-backed
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,214	1,325
Gross unrealized gains, fixed maturity securities	36	116
Gross unrealized losses, fixed maturity securities	(37)	(1)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	1,213	1,440
Fixed maturity securities | Commercial mortgage-backed
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,272	2,435
Gross unrealized gains, fixed maturity securities	7	152
Gross unrealized losses, fixed maturity securities	(142)	(3)
Allowance for credit losses	0	0	$ 0		$ (3)
Fair value, fixed maturity securities	2,137	2,584
Fixed maturity securities | Other asset-backed
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,171	2,138
Gross unrealized gains, fixed maturity securities	1	29
Gross unrealized losses, fixed maturity securities	(119)	(7)
Allowance for credit losses	0	0
Fair value, fixed maturity securities	$ 2,053	$ 2,160

Gross Unrealized Losses and Fai

Gross Unrealized Losses and Fair Value of Investment Securities (Detail) $ in Millions	Jun. 30, 2022 USD ($) Securities	Dec. 31, 2021 USD ($) Securities
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 30,227	$ 4,991
Less than 12 months, Gross unrealized losses	$ (3,039)	$ (110)
Less than 12 months, Number of securities in a continuous loss position | Securities	4,016	635
12 months or more, Fair value	$ 1,102	$ 308
12 months or more, Gross unrealized losses	$ (266)	$ (25)
12 months or more, Number of securities in a continuous loss position | Securities	157	35
Fair value	$ 31,329	$ 5,299
Gross unrealized losses	$ (3,305)	$ (135)
Number of securities in a continuous loss position | Securities	4,173	670
Investment grade
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 28,568	$ 4,644
Less than 12 months, Gross unrealized losses	$ (2,801)	$ (101)
Less than 12 months, Number of securities in a continuous loss position | Securities	3,763	587
12 months or more, Fair value	$ 1,023	$ 241
12 months or more, Gross unrealized losses	$ (241)	$ (12)
12 months or more, Number of securities in a continuous loss position | Securities	144	25
Fair value	$ 29,591	$ 4,885
Gross unrealized losses	$ (3,042)	$ (113)
Number of securities in a continuous loss position | Securities	3,907	612
Below investment grade
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 1,659	$ 347
Less than 12 months, Gross unrealized losses	$ (238)	$ (9)
Less than 12 months, Number of securities in a continuous loss position | Securities	253	48
12 months or more, Fair value	$ 79	$ 67
12 months or more, Gross unrealized losses	$ (25)	$ (13)
12 months or more, Number of securities in a continuous loss position | Securities	13	10
Fair value	$ 1,738	$ 414
Gross unrealized losses	$ (263)	$ (22)
Number of securities in a continuous loss position | Securities	266	58
Fixed maturity securities
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 30,227	$ 4,991
Less than 12 months, Gross unrealized losses	$ (3,039)	$ (110)
Less than 12 months, Number of securities in a continuous loss position | Securities	4,016	635
12 months or more, Fair value	$ 1,102	$ 308
12 months or more, Gross unrealized losses	$ (266)	$ (25)
12 months or more, Number of securities in a continuous loss position | Securities	157	35
Fair value	$ 31,329	$ 5,299
Gross unrealized losses	$ (3,305)	$ (135)
Number of securities in a continuous loss position | Securities	4,173	670
Fixed maturity securities | Less Than 20 Percent Below Cost
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 28,164	$ 4,991
Less than 12 months, Gross unrealized losses	$ (2,402)	$ (110)
Less than 12 months, Number of securities in a continuous loss position | Securities	3,756	635
12 months or more, Fair value	$ 627	$ 297
12 months or more, Gross unrealized losses	$ (101)	$ (20)
12 months or more, Number of securities in a continuous loss position | Securities	98	33
Fair value	$ 28,791	$ 5,288
Gross unrealized losses	$ (2,503)	$ (130)
Number of securities in a continuous loss position | Securities	3,854	668
Fixed maturity securities | 20 To 50 percent below cost
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 2,063	$ 0
Less than 12 months, Gross unrealized losses	$ (637)	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	260	0
12 months or more, Fair value	$ 475	$ 11
12 months or more, Gross unrealized losses	$ (165)	$ (5)
12 months or more, Number of securities in a continuous loss position | Securities	59	2
Fair value	$ 2,538	$ 11
Gross unrealized losses	$ (802)	$ (5)
Number of securities in a continuous loss position | Securities	319	2
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 797
Less than 12 months, Gross unrealized losses	$ (33)
Less than 12 months, Number of securities in a continuous loss position | Securities	49
12 months or more, Fair value	$ 10
12 months or more, Gross unrealized losses	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	3
Fair value	$ 807
Gross unrealized losses	$ (34)
Number of securities in a continuous loss position | Securities	52
Fixed maturity securities | State and Political Subdivisions
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 1,531	$ 339
Less than 12 months, Gross unrealized losses	$ (193)	$ (6)
Less than 12 months, Number of securities in a continuous loss position | Securities	272	67
12 months or more, Fair value	$ 25	$ 0
12 months or more, Gross unrealized losses	$ (3)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	5	0
Fair value	$ 1,556	$ 339
Gross unrealized losses	$ (196)	$ (6)
Number of securities in a continuous loss position | Securities	277	67
Fixed maturity securities | Non-U.S. government
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 389	$ 173
Less than 12 months, Gross unrealized losses	$ (73)	$ (9)
Less than 12 months, Number of securities in a continuous loss position | Securities	64	28
12 months or more, Fair value	$ 73	$ 19
12 months or more, Gross unrealized losses	$ (24)	$ (4)
12 months or more, Number of securities in a continuous loss position | Securities	12	1
Fair value	$ 462	$ 192
Gross unrealized losses	$ (97)	$ (13)
Number of securities in a continuous loss position | Securities	76	29
Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 17,949	$ 2,593
Less than 12 months, Gross unrealized losses	$ (1,896)	$ (64)
Less than 12 months, Number of securities in a continuous loss position | Securities	2,235	266
12 months or more, Fair value	$ 622	$ 196
12 months or more, Gross unrealized losses	$ (160)	$ (15)
12 months or more, Number of securities in a continuous loss position | Securities	72	22
Fair value	$ 18,571	$ 2,789
Gross unrealized losses	$ (2,056)	$ (79)
Number of securities in a continuous loss position | Securities	2,307	288
Fixed maturity securities | Non-U.S. corporate
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 5,407	$ 912
Less than 12 months, Gross unrealized losses	$ (558)	$ (21)
Less than 12 months, Number of securities in a continuous loss position | Securities	691	124
12 months or more, Fair value	$ 248	$ 62
12 months or more, Gross unrealized losses	$ (66)	$ (5)
12 months or more, Number of securities in a continuous loss position | Securities	35	8
Fair value	$ 5,655	$ 974
Gross unrealized losses	$ (624)	$ (26)
Number of securities in a continuous loss position | Securities	726	132
Fixed maturity securities | Residential mortgage-backed
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 474	$ 97
Less than 12 months, Gross unrealized losses	$ (36)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	121	22
12 months or more, Fair value	$ 4	$ 0
12 months or more, Gross unrealized losses	$ (1)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	5	0
Fair value	$ 478	$ 97
Gross unrealized losses	$ (37)	$ (1)
Number of securities in a continuous loss position | Securities	126	22
Fixed maturity securities | Commercial mortgage-backed
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 1,882	$ 113
Less than 12 months, Gross unrealized losses	$ (137)	$ (2)
Less than 12 months, Number of securities in a continuous loss position | Securities	265	17
12 months or more, Fair value	$ 42	$ 31
12 months or more, Gross unrealized losses	$ (5)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	6	4
Fair value	$ 1,924	$ 144
Gross unrealized losses	$ (142)	$ (3)
Number of securities in a continuous loss position | Securities	271	21
Fixed maturity securities | Other asset-backed
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 1,798	$ 764
Less than 12 months, Gross unrealized losses	$ (113)	$ (7)
Less than 12 months, Number of securities in a continuous loss position | Securities	319	111
12 months or more, Fair value	$ 78	$ 0
12 months or more, Gross unrealized losses	$ (6)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	19	0
Fair value	$ 1,876	$ 764
Gross unrealized losses	$ (119)	$ (7)
Number of securities in a continuous loss position | Securities	338	111

Gross Unrealized Losses and F_2

Gross Unrealized Losses and Fair Value of Corporate Securities Based on Industries (Detail) $ in Millions	Jun. 30, 2022 USD ($) Securities	Dec. 31, 2021 USD ($) Securities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 30,227	$ 4,991
Less than 12 months, Gross unrealized losses	$ (3,039)	$ (110)
Less than 12 months, Number of securities in a continuous loss position | Securities	4,016	635
12 months or more, Fair value	$ 1,102	$ 308
12 months or more, Gross unrealized losses	$ (266)	$ (25)
12 months or more, Number of securities in a continuous loss position | Securities	157	35
Fair value	$ 31,329	$ 5,299
Gross unrealized losses	$ (3,305)	$ (135)
Number of securities in a continuous loss position | Securities	4,173	670
Fixed maturity securities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 30,227	$ 4,991
Less than 12 months, Gross unrealized losses	$ (3,039)	$ (110)
Less than 12 months, Number of securities in a continuous loss position | Securities	4,016	635
12 months or more, Fair value	$ 1,102	$ 308
12 months or more, Gross unrealized losses	$ (266)	$ (25)
12 months or more, Number of securities in a continuous loss position | Securities	157	35
Fair value	$ 31,329	$ 5,299
Gross unrealized losses	$ (3,305)	$ (135)
Number of securities in a continuous loss position | Securities	4,173	670
Fixed maturity securities | U.S. corporate
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 17,949	$ 2,593
Less than 12 months, Gross unrealized losses	$ (1,896)	$ (64)
Less than 12 months, Number of securities in a continuous loss position | Securities	2,235	266
12 months or more, Fair value	$ 622	$ 196
12 months or more, Gross unrealized losses	$ (160)	$ (15)
12 months or more, Number of securities in a continuous loss position | Securities	72	22
Fair value	$ 18,571	$ 2,789
Gross unrealized losses	$ (2,056)	$ (79)
Number of securities in a continuous loss position | Securities	2,307	288
Fixed maturity securities | U.S. corporate | Utilities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 2,176	$ 211
Less than 12 months, Gross unrealized losses	$ (268)	$ (7)
Less than 12 months, Number of securities in a continuous loss position | Securities	301	32
12 months or more, Fair value	$ 56	$ 29
12 months or more, Gross unrealized losses	$ (17)	$ (2)
12 months or more, Number of securities in a continuous loss position | Securities	15	7
Fair value	$ 2,232	$ 240
Gross unrealized losses	$ (285)	$ (9)
Number of securities in a continuous loss position | Securities	316	39
Fixed maturity securities | U.S. corporate | Energy
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 1,534	$ 166
Less than 12 months, Gross unrealized losses	$ (162)	$ (3)
Less than 12 months, Number of securities in a continuous loss position | Securities	205	18
12 months or more, Fair value	$ 53	$ 25
12 months or more, Gross unrealized losses	$ (11)	$ (7)
12 months or more, Number of securities in a continuous loss position | Securities	6	4
Fair value	$ 1,587	$ 191
Gross unrealized losses	$ (173)	$ (10)
Number of securities in a continuous loss position | Securities	211	22
Fixed maturity securities | U.S. corporate | Finance and insurance
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 5,276	$ 960
Less than 12 months, Gross unrealized losses	$ (554)	$ (22)
Less than 12 months, Number of securities in a continuous loss position | Securities	637	89
12 months or more, Fair value	$ 183	$ 62
12 months or more, Gross unrealized losses	$ (50)	$ (2)
12 months or more, Number of securities in a continuous loss position | Securities	17	3
Fair value	$ 5,459	$ 1,022
Gross unrealized losses	$ (604)	$ (24)
Number of securities in a continuous loss position | Securities	654	92
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 2,657	$ 296
Less than 12 months, Gross unrealized losses	$ (268)	$ (7)
Less than 12 months, Number of securities in a continuous loss position | Securities	284	30
12 months or more, Fair value	$ 76	$ 14
12 months or more, Gross unrealized losses	$ (24)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	7	2
Fair value	$ 2,733	$ 310
Gross unrealized losses	$ (292)	$ (8)
Number of securities in a continuous loss position | Securities	291	32
Fixed maturity securities | U.S. corporate | Technology and communications
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 2,192	$ 378
Less than 12 months, Gross unrealized losses	$ (227)	$ (12)
Less than 12 months, Number of securities in a continuous loss position | Securities	282	37
12 months or more, Fair value	$ 123	$ 29
12 months or more, Gross unrealized losses	$ (33)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	11	2
Fair value	$ 2,315	$ 407
Gross unrealized losses	$ (260)	$ (13)
Number of securities in a continuous loss position | Securities	293	39
Fixed maturity securities | U.S. corporate | Industrial
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 805	$ 143
Less than 12 months, Gross unrealized losses	$ (96)	$ (3)
Less than 12 months, Number of securities in a continuous loss position | Securities	101	18
12 months or more, Fair value	$ 11	$ 0
12 months or more, Gross unrealized losses	$ (2)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	1	0
Fair value	$ 816	$ 143
Gross unrealized losses	$ (98)	$ (3)
Number of securities in a continuous loss position | Securities	102	18
Fixed maturity securities | U.S. corporate | Capital goods
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 1,340	$ 171
Less than 12 months, Gross unrealized losses	$ (138)	$ (3)
Less than 12 months, Number of securities in a continuous loss position | Securities	162	16
12 months or more, Fair value	$ 24	$ 18
12 months or more, Gross unrealized losses	$ (7)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	4	2
Fair value	$ 1,364	$ 189
Gross unrealized losses	$ (145)	$ (4)
Number of securities in a continuous loss position | Securities	166	18
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 1,107	$ 268
Less than 12 months, Gross unrealized losses	$ (111)	$ (7)
Less than 12 months, Number of securities in a continuous loss position | Securities	156	26
12 months or more, Fair value	$ 73	$ 0
12 months or more, Gross unrealized losses	$ (14)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	7	0
Fair value	$ 1,180	$ 268
Gross unrealized losses	$ (125)	$ (7)
Number of securities in a continuous loss position | Securities	163	26
Fixed maturity securities | U.S. corporate | Transportation
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 716
Less than 12 months, Gross unrealized losses	$ (60)
Less than 12 months, Number of securities in a continuous loss position | Securities	87
12 months or more, Fair value	$ 5
12 months or more, Gross unrealized losses	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	2
Fair value	$ 721
Gross unrealized losses	$ (61)
Number of securities in a continuous loss position | Securities	89
Fixed maturity securities | U.S. corporate | Other
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 146	$ 0
Less than 12 months, Gross unrealized losses	$ (12)	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	20	0
12 months or more, Fair value	$ 18	$ 19
12 months or more, Gross unrealized losses	$ (1)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	2	2
Fair value	$ 164	$ 19
Gross unrealized losses	$ (13)	$ (1)
Number of securities in a continuous loss position | Securities	22	2
Fixed maturity securities | Non-U.S. corporate
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 5,407	$ 912
Less than 12 months, Gross unrealized losses	$ (558)	$ (21)
Less than 12 months, Number of securities in a continuous loss position | Securities	691	124
12 months or more, Fair value	$ 248	$ 62
12 months or more, Gross unrealized losses	$ (66)	$ (5)
12 months or more, Number of securities in a continuous loss position | Securities	35	8
Fair value	$ 5,655	$ 974
Gross unrealized losses	$ (624)	$ (26)
Number of securities in a continuous loss position | Securities	726	132
Fixed maturity securities | Non-U.S. corporate | Utilities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 596	$ 69
Less than 12 months, Gross unrealized losses	$ (51)	$ (2)
Less than 12 months, Number of securities in a continuous loss position | Securities	63	9
12 months or more, Fair value	$ 21	$ 0
12 months or more, Gross unrealized losses	$ (6)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	3	0
Fair value	$ 617	$ 69
Gross unrealized losses	$ (57)	$ (2)
Number of securities in a continuous loss position | Securities	66	9
Fixed maturity securities | Non-U.S. corporate | Energy
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 608	$ 64
Less than 12 months, Gross unrealized losses	$ (61)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	65	10
12 months or more, Fair value	$ 4	$ 0
12 months or more, Gross unrealized losses	$ (1)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	1	0
Fair value	$ 612	$ 64
Gross unrealized losses	$ (62)	$ (1)
Number of securities in a continuous loss position | Securities	66	10
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 1,282	$ 366
Less than 12 months, Gross unrealized losses	$ (117)	$ (8)
Less than 12 months, Number of securities in a continuous loss position | Securities	190	43
12 months or more, Fair value	$ 144	$ 18
12 months or more, Gross unrealized losses	$ (36)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	16	2
Fair value	$ 1,426	$ 384
Gross unrealized losses	$ (153)	$ (9)
Number of securities in a continuous loss position | Securities	206	45
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 480	$ 67
Less than 12 months, Gross unrealized losses	$ (61)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	51	12
12 months or more, Fair value	$ 8	$ 6
12 months or more, Gross unrealized losses	$ (3)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	4	1
Fair value	$ 488	$ 73
Gross unrealized losses	$ (64)	$ (2)
Number of securities in a continuous loss position | Securities	55	13
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 704	$ 48
Less than 12 months, Gross unrealized losses	$ (74)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	83	8
12 months or more, Fair value	$ 0	$ 0
12 months or more, Gross unrealized losses	$ 0	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0	0
Fair value	$ 704	$ 48
Gross unrealized losses	$ (74)	$ (1)
Number of securities in a continuous loss position | Securities	83	8
Fixed maturity securities | Non-U.S. corporate | Industrial
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 475	$ 122
Less than 12 months, Gross unrealized losses	$ (58)	$ (3)
Less than 12 months, Number of securities in a continuous loss position | Securities	68	14
12 months or more, Fair value	$ 16	$ 0
12 months or more, Gross unrealized losses	$ (5)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	2	0
Fair value	$ 491	$ 122
Gross unrealized losses	$ (63)	$ (3)
Number of securities in a continuous loss position | Securities	70	14
Fixed maturity securities | Non-U.S. corporate | Capital goods
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 428	$ 78
Less than 12 months, Gross unrealized losses	$ (50)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	54	8
12 months or more, Fair value	$ 0	$ 0
12 months or more, Gross unrealized losses	$ 0	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0	0
Fair value	$ 428	$ 78
Gross unrealized losses	$ (50)	$ (1)
Number of securities in a continuous loss position | Securities	54	8
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 236	$ 22
Less than 12 months, Gross unrealized losses	$ (26)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	38	8
12 months or more, Fair value	$ 19	$ 15
12 months or more, Gross unrealized losses	$ (3)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	4	3
Fair value	$ 255	$ 37
Gross unrealized losses	$ (29)	$ (2)
Number of securities in a continuous loss position | Securities	42	11
Fixed maturity securities | Non-U.S. corporate | Transportation
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 195	$ 37
Less than 12 months, Gross unrealized losses	$ (22)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	25	7
12 months or more, Fair value	$ 0	$ 0
12 months or more, Gross unrealized losses	$ 0	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0	0
Fair value	$ 195	$ 37
Gross unrealized losses	$ (22)	$ (1)
Number of securities in a continuous loss position | Securities	25	7
Fixed maturity securities | Non-U.S. corporate | Other
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 403	$ 39
Less than 12 months, Gross unrealized losses	$ (38)	$ (2)
Less than 12 months, Number of securities in a continuous loss position | Securities	54	5
12 months or more, Fair value	$ 36	$ 23
12 months or more, Gross unrealized losses	$ (12)	$ (2)
12 months or more, Number of securities in a continuous loss position | Securities	5	2
Fair value	$ 439	$ 62
Gross unrealized losses	$ (50)	$ (4)
Number of securities in a continuous loss position | Securities	59	7
Fixed maturity securities | Corporate Debt Securities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 23,356	$ 3,505
Less than 12 months, Gross unrealized losses	$ (2,454)	$ (85)
Less than 12 months, Number of securities in a continuous loss position | Securities	2,926	390
12 months or more, Fair value	$ 870	$ 258
12 months or more, Gross unrealized losses	$ (226)	$ (20)
12 months or more, Number of securities in a continuous loss position | Securities	107	30
Fair value	$ 24,226	$ 3,763
Gross unrealized losses	$ (2,680)	$ (105)
Number of securities in a continuous loss position | Securities	3,033	420

Scheduled Maturity Distribution

Scheduled Maturity Distribution of Fixed Maturity Securities (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Amortized cost or cost
Due one year or less	$ 1,310
Due after one year through five years	8,078
Due after five years through ten years	13,602
Due after ten years	22,601
Subtotal	45,591
Amortized cost or cost, fixed maturity securities	51,248	$ 52,611
Fair value
Due one year or less	1,314
Due after one year through five years	7,958
Due after five years through ten years	12,765
Due after ten years	21,846
Subtotal	43,883
Fair value, fixed maturity securities	49,286	$ 60,480
Residential mortgage-backed
Amortized cost or cost
Fixed maturity securities	1,214
Fair value
Fixed maturity securities	1,213
Commercial mortgage-backed
Amortized cost or cost
Fixed maturity securities	2,272
Fair value
Fixed maturity securities	2,137
Other asset-backed
Amortized cost or cost
Fixed maturity securities	2,171
Fair value
Fixed maturity securities	$ 2,053

Distribution Across Property Ty

Distribution Across Property Type and Geographic Region for Commercial Mortgage Loans (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 7,088	$ 6,856
% of total	100%	100%
Allowance for credit losses	$ (23)	$ (26)
Commercial mortgage loans, net	7,065	6,830
Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 7,088	$ 6,856
% of total	100%	100%
Allowance for credit losses	$ (23)	$ (26)
Commercial mortgage loans, net	7,065	6,830
South Atlantic | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,816	$ 1,770
% of total	26%	26%
Pacific | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,391	$ 1,360
% of total	20%	20%
Middle Atlantic | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 990	$ 964
% of total	14%	14%
Mountain | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 967	$ 892
% of total	14%	13%
East North Central | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 469	$ 465
% of total	6%	7%
West North Central | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 462	$ 461
% of total	6%	7%
West South Central | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 556	$ 483
% of total	8%	7%
East South Central | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 227	$ 224
% of total	3%	3%
New England | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 210	$ 237
% of total	3%	3%
Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,901	$ 2,774
% of total	41%	40%
Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,532	$ 1,420
% of total	22%	21%
Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,512	$ 1,526
% of total	21%	22%
Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 578	$ 585
% of total	8%	9%
Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 350	$ 330
% of total	5%	5%
Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 215	$ 221
% of total	3%	3%

Allowance for Credit Losses and

Allowance for Credit Losses and Recorded Investment in Commercial Mortgage Loans (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			$ 26
Ending balance	$ 23		23		$ 26
Allowance for Credit Losses
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	25	$ 32	26	$ 31	31
Provision	(3)	1	(4)	2
Write-offs	0	0	0	0
Recoveries	1	0	1	0
Ending balance	$ 23	$ 33	$ 23	$ 33	$ 26

Commercial Mortgage Loans By Ye

Commercial Mortgage Loans By Year of Origination and Credit Quality Indicator (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	$ 7,088	$ 6,856
Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	7,088	6,856
0% - 50%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	2,388	2,480
0% - 50% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	2,388
51% - 60%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	1,506	1,539
51% - 60% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	1,506
61% - 75%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	3,194	2,815
61% - 75% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	3,194
76% - 100%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0	0
76% - 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
Greater than 100%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0	22
Greater than 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
Less than 1.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	183	223
1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	526	559
1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	903	791
1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	3,242	2,958
Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	2,234	$ 2,325
2022 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	565
2022 | 0% - 50% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	2
2022 | 51% - 60% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	31
2022 | 61% - 75% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	532
2022 | 76% - 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2022 | Greater than 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2022 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2022 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	13
2022 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	138
2022 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	368
2022 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	46
2021 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	937
2021 | 0% - 50% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	25
2021 | 51% - 60% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	37
2021 | 61% - 75% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	875
2021 | 76% - 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2021 | Greater than 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2021 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2021 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	2
2021 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	117
2021 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	716
2021 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	102
2020 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	519
2020 | 0% - 50% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	72
2020 | 51% - 60% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	33
2020 | 61% - 75% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	414
2020 | 76% - 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2020 | Greater than 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2020 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	10
2020 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	69
2020 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	31
2020 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	217
2020 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	192
2019 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	722
2019 | 0% - 50% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	62
2019 | 51% - 60% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	178
2019 | 61% - 75% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	482
2019 | 76% - 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2019 | Greater than 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2019 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	19
2019 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	72
2019 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	166
2019 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	268
2019 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	197
2018 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	852
2018 | 0% - 50% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	165
2018 | 51% - 60% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	293
2018 | 61% - 75% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	394
2018 | 76% - 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2018 | Greater than 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2018 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	40
2018 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	74
2018 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	133
2018 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	425
2018 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	180
2017 and prior | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	3,493
2017 and prior | 0% - 50% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	2,062
2017 and prior | 51% - 60% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	934
2017 and prior | 61% - 75% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	497
2017 and prior | 76% - 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2017 and prior | Greater than 100% | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	0
2017 and prior | Less than 1.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	114
2017 and prior | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	296
2017 and prior | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	318
2017 and prior | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	1,248
2017 and prior | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, amortized cost	$ 1,517

Debt-to-Value of Commercial Mor

Debt-to-Value of Commercial Mortgage Loans by Property Type (Detail) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 7,088	$ 6,856
Commercial mortgage loans, amortized cost	$ 7,088	$ 6,856
% of total	100%	100%
Weighted-average debt service coverage ratio	1.91	1.93
Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,901	$ 2,774
% of total	41%	40%
Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,532	$ 1,420
% of total	22%	21%
Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,512	$ 1,526
% of total	21%	22%
Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 578	$ 585
% of total	8%	9%
Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 350	$ 330
% of total	5%	5%
Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 215	$ 221
% of total	3%	3%
0% - 50%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,388	$ 2,480
% of total	34%	36%
Weighted-average debt service coverage ratio	2.34	2.36
0% - 50% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 838	$ 853
0% - 50% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	720	745
0% - 50% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	472	505
0% - 50% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	184	200
0% - 50% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	118	120
0% - 50% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	56	57
51% - 60%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,506	$ 1,539
% of total	21%	23%
Weighted-average debt service coverage ratio	1.88	1.83
51% - 60% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 598	$ 611
51% - 60% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	229	240
51% - 60% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	389	395
51% - 60% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	96	102
51% - 60% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	74	70
51% - 60% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	120	121
61% - 75%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 3,194	$ 2,815
% of total	45%	41%
Weighted-average debt service coverage ratio	1.61	1.61
61% - 75% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,465	$ 1,310
61% - 75% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	583	435
61% - 75% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	651	604
61% - 75% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	298	283
61% - 75% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	158	140
61% - 75% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	39	43
76% - 100%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
% of total	0%	0%
Weighted-average debt service coverage ratio	0	0
76% - 100% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
76% - 100% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
76% - 100% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
76% - 100% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
76% - 100% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
76% - 100% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 100%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 22
% of total	0%	0%
Weighted-average debt service coverage ratio	0	0.68
Greater than 100% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
Greater than 100% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 100% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	22
Greater than 100% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 100% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 100% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0

Debt Service Coverage Ratio for

Debt Service Coverage Ratio for Fixed Rate Commercial Mortgage Loans by Property Type (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 7,088	$ 6,856
% of total	100%	100%
Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 7,088	$ 6,856
% of total	100%	100%
Weighted-average debt-to-value	56%	55%
Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,901	$ 2,774
% of total	41%	40%
Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,901	$ 2,774
Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,532	$ 1,420
% of total	22%	21%
Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,532	$ 1,420
Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,512	$ 1,526
% of total	21%	22%
Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,512	$ 1,526
Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 578	$ 585
% of total	8%	9%
Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 578	$ 585
Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 350	$ 330
% of total	5%	5%
Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 350	$ 330
Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 215	$ 221
% of total	3%	3%
Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 215	$ 221
Less than 1.00 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 183	$ 223
% of total	3%	3%
Weighted-average debt-to-value	60%	68%
Less than 1.00 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 94	$ 102
Less than 1.00 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	6	9
Less than 1.00 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	38	67
Less than 1.00 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	17	17
Less than 1.00 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	23	24
Less than 1.00 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	5	4
1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 526	$ 559
% of total	7%	8%
Weighted-average debt-to-value	60%	61%
1.00 - 1.25 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 150	$ 166
1.00 - 1.25 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	76	64
1.00 - 1.25 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	106	109
1.00 - 1.25 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	62	62
1.00 - 1.25 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	31	32
1.00 - 1.25 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	101	126
1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 903	$ 791
% of total	13%	12%
Weighted-average debt-to-value	63%	61%
1.26 - 1.50 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 429	$ 405
1.26 - 1.50 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	134	82
1.26 - 1.50 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	179	167
1.26 - 1.50 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	84	84
1.26 - 1.50 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	40	40
1.26 - 1.50 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	37	13
1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 3,242	$ 2,958
% of total	46%	43%
Weighted-average debt-to-value	61%	60%
1.51 - 2.00 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,534	$ 1,375
1.51 - 2.00 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	663	599
1.51 - 2.00 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	630	593
1.51 - 2.00 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	239	225
1.51 - 2.00 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	137	118
1.51 - 2.00 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	39	48
Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,234	$ 2,325
% of total	31%	34%
Weighted-average debt-to-value	44%	43%
Greater than 2.00 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 694	$ 726
Greater than 2.00 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	653	666
Greater than 2.00 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	559	590
Greater than 2.00 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	176	197
Greater than 2.00 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	119	116
Greater than 2.00 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 33	$ 30

Schedule of Positions in Deriva

Schedule of Positions in Derivative Instruments (Detail) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Derivative assets, fair value		$ 96	$ 433
Derivative liabilities, fair value		868	616
Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value		526	590
Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		342	26
Other invested assets
Derivative [Line Items]
Derivative assets, fair value		77	414
Interest rate swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		342	26
Interest rate swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		30	364
Foreign currency swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		17	6
Equity index options | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		30	42
Other foreign currency contracts | Other invested assets
Derivative [Line Items]
Derivative assets, fair value			2
GMWB embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[1]	277	271
GMWB embedded derivatives | Reinsurance recoverable
Derivative [Line Items]
Derivative assets, fair value	[2]	19	19
Fixed index annuity embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value		233	294
Indexed universal life embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value		16	25
Designated As Hedging Instrument
Derivative [Line Items]
Derivative assets, fair value		47	370
Derivative liabilities, fair value		342	26
Designated As Hedging Instrument | Cash Flow Hedges
Derivative [Line Items]
Derivative assets, fair value		47	370
Derivative liabilities, fair value		342	26
Designated As Hedging Instrument | Cash Flow Hedges | Interest rate swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		342	26
Designated As Hedging Instrument | Cash Flow Hedges | Interest rate swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		30	364
Designated As Hedging Instrument | Cash Flow Hedges | Foreign currency swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Designated As Hedging Instrument | Cash Flow Hedges | Foreign currency swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		17	6
Derivatives not designated as hedges
Derivative [Line Items]
Derivative assets, fair value		49	63
Derivative liabilities, fair value		526	590
Derivatives not designated as hedges | Equity index options | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Derivatives not designated as hedges | Equity index options | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		30	42
Derivatives not designated as hedges | Financial futures | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Derivatives not designated as hedges | Financial futures | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Derivatives not designated as hedges | Other foreign currency contracts | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Derivatives not designated as hedges | Other foreign currency contracts | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	2
Derivatives not designated as hedges | GMWB embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[3]	277	271
Derivatives not designated as hedges | GMWB embedded derivatives | Reinsurance recoverable
Derivative [Line Items]
Derivative assets, fair value	[4]	19	19
Derivatives not designated as hedges | Fixed index annuity embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[5]	233	294
Derivatives not designated as hedges | Fixed index annuity embedded derivatives | Other assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Derivatives not designated as hedges | Indexed universal life embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[6]	16	25
Derivatives not designated as hedges | Indexed universal life embedded derivatives | Reinsurance recoverable
Derivative [Line Items]
Derivative assets, fair value		$ 0	$ 0
[1]Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.[2]Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.[3]Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.[4]Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities.[5]Represents the embedded derivatives associated with our fixed index annuity liabilities.[6]Represents the embedded derivatives associated with our indexed universal life liabilities.

Activity Associated with Deriva

Activity Associated with Derivative Instruments (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($) Policies
Derivative [Line Items]
Notional amount, beginning balance	$ 10,255
Additions	2,730
Maturities/ terminations	(2,782)
Notional amount, ending balance	10,203
Designated As Hedging Instrument
Derivative [Line Items]
Notional amount, beginning balance	7,780
Additions	262
Maturities/ terminations	(102)
Notional amount, ending balance	7,940
Designated As Hedging Instrument | Cash Flow Hedges
Derivative [Line Items]
Notional amount, beginning balance	7,780
Additions	262
Maturities/ terminations	(102)
Notional amount, ending balance	7,940
Designated As Hedging Instrument | Cash Flow Hedges | Interest rate swaps
Derivative [Line Items]
Notional amount, beginning balance	7,653
Additions	262
Maturities/ terminations	(102)
Notional amount, ending balance	7,813
Designated As Hedging Instrument | Cash Flow Hedges | Foreign currency swaps
Derivative [Line Items]
Notional amount, beginning balance	127
Additions	0
Maturities/ terminations	0
Notional amount, ending balance	127
Derivatives not designated as hedges
Derivative [Line Items]
Notional amount, beginning balance	2,475
Additions	2,468
Maturities/ terminations	(2,680)
Notional amount, ending balance	2,263
Derivatives not designated as hedges | Equity index options
Derivative [Line Items]
Notional amount, beginning balance	1,446
Additions	495
Maturities/ terminations	(628)
Notional amount, ending balance	1,313
Derivatives not designated as hedges | Financial futures
Derivative [Line Items]
Notional amount, beginning balance	946
Additions	1,973
Maturities/ terminations	(1,969)
Notional amount, ending balance	950
Derivatives not designated as hedges | Other foreign currency contracts
Derivative [Line Items]
Notional amount, beginning balance	83
Additions	0
Maturities/ terminations	(83)
Notional amount, ending balance	$ 0
Derivatives not designated as hedges | GMWB embedded derivatives
Derivative [Line Items]
Notional amount, beginning balance | Policies	21,804
Additions | Policies	0
Maturities/ terminations | Policies	(906)
Notional amount, ending balance | Policies	20,898
Derivatives not designated as hedges | Fixed index annuity embedded derivatives
Derivative [Line Items]
Notional amount, beginning balance | Policies	9,344
Additions | Policies	0
Maturities/ terminations | Policies	(1,055)
Notional amount, ending balance | Policies	8,289
Derivatives not designated as hedges | Indexed universal life embedded derivatives
Derivative [Line Items]
Notional amount, beginning balance | Policies	806
Additions | Policies	0
Maturities/ terminations | Policies	(20)
Notional amount, ending balance | Policies	786

Schedule of Pre-Tax Income (Los

Schedule of Pre-Tax Income (Loss) Effects of Cash Flow Hedges (Detail) - Cash Flow Hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI	$ (391)	$ 309	$ (643)	$ (178)
Gain (loss) reclassified into net income from OCI	56	52	113	104
Gain (loss) recognized in net income (loss)	0	0	0	0
Interest Rate Swaps Hedging Assets | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI	(405)	314	(655)	(215)
Gain (loss) reclassified into net income from OCI	57	52	112	104
Gain (loss) recognized in net income (loss)	0	0	0	0
Interest Rate Swaps Hedging Assets | Net Investment Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI			0
Gain (loss) reclassified into net income from OCI			2
Gain (loss) recognized in net income (loss)			0
Interest Rate Swaps Hedging Liabilities | Interest Expense
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI	0	(8)	0	36
Gain (loss) reclassified into net income from OCI	(1)	0	(2)	0
Gain (loss) recognized in net income (loss)	0	0	0	0
Foreign currency swaps | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI	14	3	12	1
Gain (loss) reclassified into net income from OCI	0	0	1	0
Gain (loss) recognized in net income (loss)	$ 0	$ 0	$ 0	$ 0

Reconciliation of Current Perio

Reconciliation of Current Period Changes, Net of Applicable Income Taxes, for Derivatives Qualifying as Hedges (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments [Abstract]
Derivatives qualifying as effective accounting hedges, beginning of period	$ 1,789	$ 1,792	$ 2,025	$ 2,211
Current period increases (decreases) in fair value, net of deferred taxes	(307)	245	(506)	(140)
Reclassification to net (income), net of deferred taxes	(37)	(34)	(74)	(68)
Derivatives qualifying as effective accounting hedges, end of period	$ 1,445	$ 2,003	$ 1,445	$ 2,003

Reconciliation of Current Per_2

Reconciliation of Current Period Changes, Net of Applicable Income Taxes, for Derivatives Qualifying as Hedges (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Current period increases (decreases) in fair value, deferred taxes	$ 84	$ (64)	$ 137	$ 38
Reclassification to net (income), deferred taxes	$ 19	$ 18	$ 39	$ 36

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Derivatives designated as cash flow hedges gain (loss), amount expected to be reclassified to future net income (loss), net of tax	$ 1,445	$ 2,003	$ 1,789	$ 2,025	$ 1,792	$ 2,211
Year by which all forecasted transactions associated with qualifying cash flow hedges are expected to occur	2057
Derivatives designated as cash flow hedges gain (loss), amount expected to be reclassified to net income in the next 12 months, net of tax	$ 144
Amount reclassified to net income (loss) in connection with forecasted transactions that were no longer considered probable of occurring	$ 5	$ 4

Schedule of Pre-Tax Gain (Loss)

Schedule of Pre-Tax Gain (Loss) Recognized in Net Income (Loss) for Effects of Derivatives not Designated as Hedges (Detail) - Derivatives not designated as hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	$ 9	$ 4	$ 11	$ 12
Interest rate swaps | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	0	(1)	0	3
Equity index options | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	(1)	6	(7)	9
Financial futures | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	17	8	(30)	(102)
GMWB embedded derivatives | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	(26)	2	6	107
Fixed index annuity embedded derivatives | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	11	(14)	23	(18)
Indexed universal life embedded derivatives | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	$ 8	$ 3	$ 19	$ 13

Additional Information about De

Additional Information about Derivative Assets and Liabilities Subject to Enforceable Master Netting Arrangement (Detail) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Gross amounts recognized, derivatives assets		$ 96	$ 433
Gross amounts recognized, derivatives liabilities		868	616
Subject to enforceable master netting arrangement
Derivative [Line Items]
Gross amounts recognized, net derivatives		(265)	388
Gross amounts offset in the balance sheet, net derivatives		0	0
Net amounts presented in the balance sheet, net derivatives		(265)	388
Gross amounts not offset in the balance sheet, financial instruments, net derivatives	[1]	0	0
Collateral received		(41)	(308)
Collateral pledged		825	536
Over collateralization, net derivatives		(507)	(528)
Net amount		12	88
Subject to enforceable master netting arrangement | Derivative assets
Derivative [Line Items]
Gross amounts recognized, derivatives assets	[2]	77	414
Gross amounts offset in the balance sheet, derivatives assets	[2]	0	0
Net amounts presented in the balance sheet, derivatives assets	[2]	77	414
Gross amounts not offset in the balance sheet, financial instruments, derivatives assets	[1],[2]	(24)	(20)
Collateral received	[2]	(41)	(308)
Collateral pledged	[2]	0	0
Over collateralization, derivatives assets	[2]	0	2
Net amount, derivatives assets	[2]	12	88
Subject to enforceable master netting arrangement | Derivative liabilities
Derivative [Line Items]
Gross amounts recognized, derivatives liabilities	[2]	342	26
Gross amounts offset in the balance sheet, derivatives liabilities	[2]	0	0
Net amounts presented in the balance sheet, derivatives liabilities	[2]	342	26
Gross amounts not offset in the balance sheet, financial instruments, derivative liabilities	[1],[2]	(24)	(20)
Collateral received	[2]	0	0
Collateral pledged	[2]	(825)	(536)
Over collateralization, derivatives liabilities	[2]	507	530
Net amount, derivatives liabilities	[2]	$ 0	$ 0
[1]Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty.[2]Does not include amounts related to embedded derivatives as of June 30, 2022 and December 31, 2021.

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 49,286	$ 60,480
GMWB non-performance risk impact	$ 42	49
Period end valuation	0
Fixed maturity securities
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 49,286	60,480
Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	28,243	34,924
Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	8,482	10,535
Level 2
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	45,924	56,672
Level 2 | Other invested assets | Nonrecurring fair value
Fair Value of Financial Instruments [Line Items]
Real estate owned	27	4
Level 2 | Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	26,093	32,543
Level 2 | Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 7,509	9,373
Level 2 | Fixed maturity securities | Third-Party Pricing Services
Fair Value of Financial Instruments [Line Items]
Percentage of available for sale debt securities	88%
Level 2 | Fixed maturity securities | Third-Party Pricing Services | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 24,600
Level 2 | Fixed maturity securities | Third-Party Pricing Services | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	6,588
Level 2 | Fixed maturity securities | Internal models | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	1,493
Level 2 | Fixed maturity securities | Internal models | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	921
Level 3
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	3,362	3,808
Level 3 | Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	2,150	2,381
Level 3 | Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	973	$ 1,162
Level 3 | Fixed maturity securities | Internal models
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	3,019
Level 3 | Fixed maturity securities | Broker Quotes
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 343
Fair Value Measured at Net Asset Value Per Share | Limited Partnerships | Maximum
Fair Value of Financial Instruments [Line Items]
Liquidation period	10 years
Contractual period	12 years
Fair Value Measured at Net Asset Value Per Share | Limited Partnerships | Minimum
Fair Value of Financial Instruments [Line Items]
Liquidation period	5 years
Contractual period	10 years

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Summary of Significant Inputs Used by Third-Party Pricing Services for Certain Fair Value Measurements of Fixed Maturity Securities that Classified as Level 2 (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 49,286	$ 60,480
Fixed maturity securities
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	49,286	60,480
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	3,627	4,552
Fixed maturity securities | State and Political Subdivisions
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,849	3,450
Fixed maturity securities | Non-U.S. government
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	682	835
Fixed maturity securities | U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	28,243	34,924
Fixed maturity securities | Non-U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	8,482	10,535
Fixed maturity securities | Residential mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	1,213	1,440
Fixed maturity securities | Commercial mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,137	2,584
Fixed maturity securities | Other asset-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,053	2,160
Level 2
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	45,924	56,672
Level 2 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	3,627	4,552
Level 2 | Fixed maturity securities | State and Political Subdivisions
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,786	3,368
Level 2 | Fixed maturity securities | Non-U.S. government
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	679	833
Level 2 | Fixed maturity securities | U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	26,093	32,543
Level 2 | Fixed maturity securities | Non-U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	7,509	9,373
Level 2 | Fixed maturity securities | Residential mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	1,183	1,413
Level 2 | Fixed maturity securities | Commercial mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,123	2,568
Level 2 | Fixed maturity securities | Other asset-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	1,924	$ 2,022
Level 2 | Third-Party Pricing Services | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 3,627
Primary methodologies	Price quotes from trading desk, broker feeds
Significant inputs	Bid side prices, trade prices, Option Adjusted Spread (“OAS”) to swap curve, Bond Market Association OAS, Treasury Curve, Agency Bullet Curve, maturity to issuer spread
Level 2 | Third-Party Pricing Services | Fixed maturity securities | State and Political Subdivisions
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 2,786
Primary methodologies	Multi-dimensional attribute-based modeling systems, third-party pricing vendors
Significant inputs	Trade prices, material event notices, Municipal Market Data benchmark yields, broker quotes
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Non-U.S. government
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 679
Primary methodologies	Matrix pricing, spread priced to benchmark curves, price quotes from market makers
Significant inputs	Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources
Level 2 | Third-Party Pricing Services | Fixed maturity securities | U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 24,600
Primary methodologies	Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, OAS-based models
Significant inputs	Bid side prices to Treasury Curve, Issuer Curve, which includes sector, quality, duration, OAS percentage and change for spread matrix, trade prices, comparative transactions, Trade Reporting and Compliance Engine (“TRACE”) reports
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Non-U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 6,588
Primary methodologies	Multi-dimensional attribute-based modeling systems, OAS-based models, price quotes from market makers
Significant inputs	Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Residential mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 1,183
Primary methodologies	OAS-based models, single factor binomial models, internally priced
Significant inputs	Prepayment and default assumptions, aggregation of bonds with similar characteristics, including collateral type, vintage, tranche type, weighted-average life, weighted-average loan age, issuer program and delinquency ratio, pay up and pay down factors, TRACE reports
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Commercial mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 2,123
Primary methodologies	Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model
Significant inputs	Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Other asset-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 1,924
Primary methodologies	Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers
Significant inputs	Spreads to daily updated swap curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports

Assets by Class of Instrument t

Assets by Class of Instrument that are Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		$ 49,286	$ 60,480
Available-for-sale equity securities		243	198
Derivative assets, fair value		96	433
Limited partnerships		2,123	1,900
Total other invested assets		573	820
Separate account assets		4,683	6,066
Total assets		56,007	68,665
Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Available-for-sale equity securities	[1]	0	0
Separate account assets	[1]	0	0
Total assets	[1]	1,626	1,436
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		77	414
Short-term investments		50	26
Total other invested assets		127	440
Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0	0
Short-term investments	[1]	0	0
Total other invested assets	[1]	0	0
Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		30	364
Interest rate swaps | Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0	0
Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		17	6
Foreign currency swaps | Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0	0
Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		30	42
Equity index options | Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0	0
Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			2
Other foreign currency contracts | Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]		0
GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[2]	19	19
GMWB embedded derivatives | Reinsurance recoverable | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1],[2]	0	0
Fixed maturity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		49,286	60,480
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,627	4,552
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,849	3,450
Fixed maturity securities | State and Political Subdivisions | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		682	835
Fixed maturity securities | Non-U.S. government | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		28,243	34,924
Fixed maturity securities | U.S. corporate | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,103	5,104
Fixed maturity securities | U.S. corporate | Utilities | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,377	2,934
Fixed maturity securities | U.S. corporate | Energy | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		7,469	8,991
Fixed maturity securities | U.S. corporate | Finance and insurance | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,792	6,159
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,024	3,808
Fixed maturity securities | U.S. corporate | Technology and communications | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,187	1,494
Fixed maturity securities | U.S. corporate | Industrial | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,258	2,745
Fixed maturity securities | U.S. corporate | Capital goods | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,581	1,899
Fixed maturity securities | U.S. corporate | Consumer-cyclical | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,104	1,371
Fixed maturity securities | U.S. corporate | Transportation | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		348	419
Fixed maturity securities | U.S. corporate | Other | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		8,482	10,535
Fixed maturity securities | Non-U.S. corporate | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		810	928
Fixed maturity securities | Non-U.S. corporate | Utilities | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,097	1,383
Fixed maturity securities | Non-U.S. corporate | Energy | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,012	2,432
Fixed maturity securities | Non-U.S. corporate | Finance and insurance | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		570	743
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		943	1,250
Fixed maturity securities | Non-U.S. corporate | Technology and communications | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		861	1,047
Fixed maturity securities | Non-U.S. corporate | Industrial | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		565	705
Fixed maturity securities | Non-U.S. corporate | Capital goods | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		285	341
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		390	489
Fixed maturity securities | Non-U.S. corporate | Transportation | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		949	1,217
Fixed maturity securities | Non-U.S. corporate | Other | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,213	1,440
Fixed maturity securities | Residential mortgage-backed | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,137	2,584
Fixed maturity securities | Commercial mortgage-backed | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,053	2,160
Fixed maturity securities | Other asset-backed | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0	0
Limited partnerships
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Limited partnerships		1,649	1,462
Limited partnerships | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Limited partnerships	[1]	1,626	1,436
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Available-for-sale equity securities		158	101
Separate account assets		4,683	6,066
Total assets		4,841	6,167
Level 1 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Short-term investments		0	0
Total other invested assets		0	0
Level 1 | Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 1 | Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 1 | Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 1 | Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			0
Level 1 | GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[2]	0	0
Level 1 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Limited partnerships
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Limited partnerships		0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		45,924	56,672
Available-for-sale equity securities		50	60
Separate account assets		0	0
Total assets		46,071	57,130
Level 2 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		47	372
Short-term investments		50	26
Total other invested assets		97	398
Level 2 | Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		30	364
Level 2 | Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		17	6
Level 2 | Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 2 | Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			2
Level 2 | GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[2]	0	0
Level 2 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,627	4,552
Level 2 | Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,786	3,368
Level 2 | Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		679	833
Level 2 | Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		26,093	32,543
Level 2 | Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,293	4,154
Level 2 | Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,255	2,858
Level 2 | Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		6,815	8,306
Level 2 | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,706	6,055
Level 2 | Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,999	3,779
Level 2 | Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,154	1,457
Level 2 | Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,220	2,700
Level 2 | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,462	1,762
Level 2 | Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,048	1,307
Level 2 | Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		141	165
Level 2 | Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		7,509	9,373
Level 2 | Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		501	583
Level 2 | Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		964	1,238
Level 2 | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,880	2,272
Level 2 | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		503	680
Level 2 | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		917	1,222
Level 2 | Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		792	954
Level 2 | Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		450	532
Level 2 | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		206	265
Level 2 | Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		369	436
Level 2 | Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		927	1,191
Level 2 | Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,183	1,413
Level 2 | Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,123	2,568
Level 2 | Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,924	2,022
Level 2 | Limited partnerships
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Limited partnerships		0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,362	3,808
Available-for-sale equity securities		35	37
Separate account assets		0	0
Total assets		3,469	3,932
Level 3 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		30	42
Short-term investments		0	0
Total other invested assets		30	42
Level 3 | Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 3 | Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 3 | Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		30	42
Level 3 | Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			0
Level 3 | GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[2]	19	19
Level 3 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 3 | Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		63	82
Level 3 | Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3	2
Level 3 | Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,150	2,381
Level 3 | Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		810	950
Level 3 | Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		122	76
Level 3 | Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		654	685
Level 3 | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		86	104
Level 3 | Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		25	29
Level 3 | Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		33	37
Level 3 | Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		38	45
Level 3 | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		119	137
Level 3 | Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		56	64
Level 3 | Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		207	254
Level 3 | Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		973	1,162
Level 3 | Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		309	345
Level 3 | Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		133	145
Level 3 | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		132	160
Level 3 | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		67	63
Level 3 | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		26	28
Level 3 | Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		69	93
Level 3 | Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		115	173
Level 3 | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		79	76
Level 3 | Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		21	53
Level 3 | Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		22	26
Level 3 | Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		30	27
Level 3 | Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		14	16
Level 3 | Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		129	138
Level 3 | Limited partnerships
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Limited partnerships		$ 23	$ 26
[1]Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy.[2]Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

Assets Measured at Fair Value o

Assets Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		$ 3,638	$ 4,061	$ 3,932	$ 4,246
Total realized and unrealized gains (losses), Included in net income		0	7	(6)	4
Total realized and unrealized gains (losses), Included in OCI		(293)	101	(556)	(4)
Purchases		137	83	273	183
Sales		(17)	(2)	(18)	(10)
Issuances		0	1	0	1
Settlements		(18)	(139)	(112)	(239)
Transfer into Level 3	[1]	81	22	102	51
Transfer out of Level 3	[1]	(59)	(245)	(146)	(343)
Ending balance		3,469	3,889	3,469	3,889
Total gains (losses) included in net income attributable to assets still held		(3)	4	3	0
Total gains (losses) included in OCI attributable to assets still held		(287)	80	(543)	(23)
Other invested assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		30	53	42	63
Total realized and unrealized gains (losses), Included in net income		(1)	6	(7)	9
Total realized and unrealized gains (losses), Included in OCI		0	0	0	0
Purchases		3	5	8	10
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(2)	(17)	(13)	(35)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		30	47	30	47
Total gains (losses) included in net income attributable to assets still held		(4)	2	2	4
Total gains (losses) included in OCI attributable to assets still held		0	0	0	0
Other invested assets | Derivative assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		30	53	42	63
Total realized and unrealized gains (losses), Included in net income		(1)	6	(7)	9
Total realized and unrealized gains (losses), Included in OCI		0	0	0	0
Purchases		3	5	8	10
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(2)	(17)	(13)	(35)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		30	47	30	47
Total gains (losses) included in net income attributable to assets still held		(4)	2	2	4
Total gains (losses) included in OCI attributable to assets still held		0	0	0	0
Other invested assets | Derivative assets | Equity index options
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		30	53	42	63
Total realized and unrealized gains (losses), Included in net income		(1)	6	(7)	9
Total realized and unrealized gains (losses), Included in OCI		0	0	0	0
Purchases		3	5	8	10
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(2)	(17)	(13)	(35)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		30	47	30	47
Total gains (losses) included in net income attributable to assets still held		(4)	2	2	4
Total gains (losses) included in OCI attributable to assets still held		0	0	0	0
Reinsurance recoverable
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	[2]	17	18	19	26
Total realized and unrealized gains (losses), Included in net income	[2]	2	(1)	0	(9)
Total realized and unrealized gains (losses), Included in OCI	[2]	0	0	0	0
Purchases	[2]	0	0	0	0
Sales	[2]	0	0	0	0
Issuances	[2]	0	1	0	1
Settlements	[2]	0	0	0	0
Transfer into Level 3	[1],[2]	0	0	0	0
Transfer out of Level 3	[1],[2]	0	0	0	0
Ending balance	[2]	19	18	19	18
Total gains (losses) included in net income attributable to assets still held	[2]	2	(1)	0	(9)
Total gains (losses) included in OCI attributable to assets still held	[2]	0	0	0	0
Fixed maturity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		3,529	3,922	3,808	4,089
Total realized and unrealized gains (losses), Included in net income		2	1	4	3
Total realized and unrealized gains (losses), Included in OCI		(293)	101	(556)	(4)
Purchases		134	78	265	165
Sales		(16)	(2)	(17)	(2)
Issuances		0	0	0	0
Settlements		(16)	(117)	(99)	(199)
Transfer into Level 3	[1]	81	22	102	51
Transfer out of Level 3	[1]	(59)	(245)	(145)	(343)
Ending balance		3,362	3,760	3,362	3,760
Total gains (losses) included in net income attributable to assets still held		2	2	4	4
Total gains (losses) included in OCI attributable to assets still held		(287)	80	(543)	(23)
Fixed maturity securities | State and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		71	68	82	66
Total realized and unrealized gains (losses), Included in net income		1	1	2	2
Total realized and unrealized gains (losses), Included in OCI		(9)	6	(21)	7
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		63	75	63	75
Total gains (losses) included in net income attributable to assets still held		1	1	2	2
Total gains (losses) included in OCI attributable to assets still held		(9)	6	(21)	7
Fixed maturity securities | U.S. corporate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		2,269	2,150	2,381	2,272
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(206)	55	(373)	(13)
Purchases		85	63	191	101
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(14)	(16)	(31)	(74)
Transfer into Level 3	[1]	70	22	70	49
Transfer out of Level 3	[1]	(54)	(72)	(88)	(133)
Ending balance		2,150	2,202	2,150	2,202
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(199)	50	(364)	(16)
Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		912	793	950	842
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(92)	23	(165)	(7)
Purchases		0	8	35	16
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(1)	(1)	(1)	(14)
Transfer into Level 3	[1]	2	19	2	19
Transfer out of Level 3	[1]	(11)	0	(11)	(14)
Ending balance		810	842	810	842
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(92)	23	(165)	(6)
Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		72	122	76	128
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(11)	8	(15)	4
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(7)	(1)	(7)	(3)
Transfer into Level 3	[1]	68	0	68	0
Transfer out of Level 3	[1]	0	(52)	0	(52)
Ending balance		122	77	122	77
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(11)	4	(15)	0
Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		676	597	685	607
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(67)	17	(123)	(5)
Purchases		85	55	151	73
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(1)	(8)	(3)	(25)
Transfer into Level 3	[1]	0	0	0	17
Transfer out of Level 3	[1]	(39)	0	(56)	(6)
Ending balance		654	661	654	661
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(61)	17	(116)	(5)
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		92	106	104	109
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(6)	2	(11)	(1)
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	(2)	(7)	(2)
Transfer into Level 3	[1]	0	3	0	3
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		86	109	86	109
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(5)	1	(11)	(2)
Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		28	40	29	47
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(3)	2	(4)	0
Purchases		0	0	0	12
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	4
Transfer out of Level 3	[1]	0	(12)	0	(33)
Ending balance		25	30	25	30
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(3)	1	(4)	(1)
Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		35	20	37	40
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(2)	0	(4)	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	(20)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		33	20	33	20
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(2)	0	(4)	0
Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		41	58	45	60
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(3)	1	(7)	(1)
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		38	59	38	59
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(3)	1	(6)	(1)
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		127	147	137	150
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(7)	1	(15)	(1)
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(1)	(1)	(3)	(2)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	(8)	0	(8)
Ending balance		119	139	119	139
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(7)	1	(15)	(1)
Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		64	67	64	70
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(3)	1	(6)	0
Purchases		0	0	5	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(1)	(1)	(3)	(3)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	(4)	0	(4)	0
Ending balance		56	67	56	67
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(3)	1	(6)	0
Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		222	200	254	219
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(12)	0	(23)	(2)
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(3)	(2)	(7)	(5)
Transfer into Level 3	[1]	0	0	0	6
Transfer out of Level 3	[1]	0	0	(17)	(20)
Ending balance		207	198	207	198
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(12)	1	(22)	0
Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		1,040	1,576	1,162	1,608
Total realized and unrealized gains (losses), Included in net income		1	0	2	1
Total realized and unrealized gains (losses), Included in OCI		(70)	38	(145)	2
Purchases		3	14	13	60
Sales		(10)	(2)	(10)	(2)
Issuances		0	0	0	0
Settlements		(1)	(95)	(63)	(115)
Transfer into Level 3	[1]	11	0	28	0
Transfer out of Level 3	[1]	(1)	(169)	(14)	(192)
Ending balance		973	1,362	973	1,362
Total gains (losses) included in net income attributable to assets still held		1	1	2	2
Total gains (losses) included in OCI attributable to assets still held		(70)	22	(143)	(14)
Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		334	375	345	352
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(25)	5	(46)	(2)
Purchases		0	0	10	30
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	(8)	0	(8)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	(24)	0	(24)
Ending balance		309	348	309	348
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(24)	4	(45)	(3)
Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		138	243	145	245
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(7)	10	(14)	8
Purchases		3	0	3	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(1)	(22)	(1)	(22)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	(79)	0	(79)
Ending balance		133	152	133	152
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(8)	5	(15)	3
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		143	290	160	305
Total realized and unrealized gains (losses), Included in net income		1	0	2	1
Total realized and unrealized gains (losses), Included in OCI		(12)	17	(30)	1
Purchases		0	0	0	0
Sales		0	(2)	0	(2)
Issuances		0	0	0	0
Settlements		0	(52)	0	(52)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	(51)	0	(51)
Ending balance		132	202	132	202
Total gains (losses) included in net income attributable to assets still held		1	1	2	2
Total gains (losses) included in OCI attributable to assets still held		(12)	5	(30)	(11)
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		60	66	63	67
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(4)	0	(7)	(1)
Purchases		0	8	0	8
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	11	0	11	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		67	74	67	74
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(4)	0	(7)	(1)
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		27	28	28	28
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(1)	0	(2)	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		26	28	26	28
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(1)	0	(2)	0
Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		74	93	93	95
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(4)	1	(10)	(1)
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	(1)	0	(14)	0
Ending balance		69	94	69	94
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(5)	1	(9)	(1)
Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		132	175	173	178
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(7)	1	(15)	(2)
Purchases		0	5	0	5
Sales		(10)	0	(10)	0
Issuances		0	0	0	0
Settlements		0	0	(33)	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		115	181	115	181
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(7)	2	(15)	(1)
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		86	144	76	146
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(7)	2	(14)	0
Purchases		0	1	0	17
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	17	0
Transfer out of Level 3	[1]	0	0	0	(16)
Ending balance		79	147	79	147
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(7)	2	(14)	0
Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		22	82	53	109
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(1)	1	(3)	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	(29)	(19)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	(7)
Ending balance		21	83	21	83
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(1)	2	(3)	1
Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		24	80	26	83
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(2)	1	(4)	(1)
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	(13)	0	(14)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	(15)	0	(15)
Ending balance		22	53	22	53
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(1)	1	(3)	(1)
Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		33	13	27	14
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(2)	1	(3)	0
Purchases		4	0	13	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(1)	(1)	(2)	(1)
Transfer into Level 3	[1]	0	0	4	0
Transfer out of Level 3	[1]	(4)	0	(9)	0
Ending balance		30	13	30	13
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(2)	0	(2)	0
Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		15	19	16	20
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(1)	0	(2)	(1)
Purchases		0	1	0	1
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		14	20	14	20
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(2)	1	(3)	(1)
Fixed maturity securities | Other asset-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		100	96	138	109
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		(5)	1	(12)	1
Purchases		40	0	46	3
Sales		(6)	0	(6)	0
Issuances		0	0	0	0
Settlements		0	(5)	(3)	(9)
Transfer into Level 3	[1]	0	0	0	2
Transfer out of Level 3	[1]	0	(4)	(34)	(18)
Ending balance		129	88	129	88
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		(5)	1	(10)	1
Fixed maturity securities | Non-U.S. government
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		1		2
Total realized and unrealized gains (losses), Included in net income		0		0
Total realized and unrealized gains (losses), Included in OCI		0		0
Purchases		2		2
Sales		0		(1)
Issuances		0		0
Settlements		0		0
Transfer into Level 3	[1]	0		0
Transfer out of Level 3	[1]	0		0
Ending balance		3		3
Total gains (losses) included in net income attributable to assets still held		0		0
Total gains (losses) included in OCI attributable to assets still held		0		0
Equity Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		36	43	37	51
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		(1)	0	(1)	(8)
Issuances		0	0	0	0
Settlements		0	(5)	0	(5)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	(1)	0
Ending balance		35	38	35	38
Total gains (losses) included in net income attributable to assets still held		0	0	0	0
Total gains (losses) included in OCI attributable to assets still held		0	0	0	0
Limited Partnerships
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		26	25	26	17
Total realized and unrealized gains (losses), Included in net income		(3)	1	(3)	1
Total realized and unrealized gains (losses), Included in OCI		0	0	0	0
Purchases		0	0	0	8
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		23	26	23	26
Total gains (losses) included in net income attributable to assets still held		(3)	1	(3)	1
Total gains (losses) included in OCI attributable to assets still held		$ 0	$ 0	$ 0	$ 0
[1]The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities.[2]Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

Gains and Losses Included in Ne

Gains and Losses Included in Net Income (Loss) from Assets Measured at Fair Value (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Fair value of financial instruments [Abstract]
Total realized and unrealized gains (losses) included in net income, assets	$ 0	$ 7	$ (6)	$ 4
Total gains (losses) included in net income attributable to assets still held, assets	(3)	4	3	0
Net Investment Income
Fair value of financial instruments [Abstract]
Total realized and unrealized gains (losses) included in net income, assets	2	1	4	3
Total gains (losses) included in net income attributable to assets still held, assets	2	2	4	4
Net investment gains (losses)
Fair value of financial instruments [Abstract]
Total realized and unrealized gains (losses) included in net income, assets	(2)	6	(10)	1
Total gains (losses) included in net income attributable to assets still held, assets	$ (5)	$ 2	$ (1)	$ (4)

Summary of Significant Unobserv

Summary of Significant Unobservable Inputs Used for Fair Value Measurements Classified As Level 3 (Detail) $ in Millions		6 Months Ended
		Jun. 30, 2022 USD ($) bps		Dec. 31, 2021 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value | $		$ 868		$ 616
Fixed maturity securities available-for-sale, at fair value | $		49,286		60,480
Derivative assets, fair value | $		96		433
Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value | $		526		590
Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value | $	[1]	277		271
Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value | $		233		294
Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value | $		16		25
Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fixed maturity securities available-for-sale, at fair value | $		$ 3,362		3,808
Level 3 | Other invested assets | Equity index options
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Discounted cash flows
Derivative assets, fair value | $		$ 30
Fair value input, equity index volatility, lower limit		6%
Fair value input, equity index volatility, upper limit		35%
Fair value input, equity index volatility, weighted-average	[2]	19%
Level 3 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value | $		$ 526		590
Level 3 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique	[3]	Stochastic cash flow model
Derivative liabilities, fair value | $	[1]	$ 277	[3]	271
Fair value, withdrawal utilization rate, lower limit		61%
Fair value, withdrawal utilization rate, upper limit		88%
Fair value, lapse rate, lower limit		2%
Fair value, lapse rate, upper limit		9%
Fair value input, credit spreads, lower limit		36
Fair value input, credit spreads, upper limit		83
Fair value input, credit spreads, weighted-average	[4]	69
Fair value input, equity index volatility, lower limit	[3]	20%
Fair value input, equity index volatility, upper limit	[3]	29%
Fair value, withdrawal utilization rate, weighted-average	[4]	77%
Fair value, lapse rate, weighted-average	[4]	3%
Fair value input, equity index volatility, weighted-average	[3],[4]	24%
Level 3 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Option budget method
Derivative liabilities, fair value | $		$ 233		294
Fair value, expected future interest credited, lower limit		0%
Fair value, expected future interest credited, upper limit		3%
Fair value, expected future interest credited, weighted-average	[4]	1%
Level 3 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Option budget method
Derivative liabilities, fair value | $		$ 16		$ 25
Fair value, expected future interest credited, lower limit		3%
Fair value, expected future interest credited, upper limit		14%
Fair value, expected future interest credited, weighted-average	[4]	5%
Internal Models | Level 3 | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 1,973
Fair value input, credit spreads, lower limit		41
Fair value input, credit spreads, upper limit		322
Fair value input, credit spreads, weighted-average	[2]	188
Internal Models | Level 3 | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 781
Fair value input, credit spreads, lower limit		57
Fair value input, credit spreads, upper limit		316
Fair value input, credit spreads, weighted-average	[2]	175
Internal Models | Level 3 | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 46
Fair value input, credit spreads, lower limit		166
Fair value input, credit spreads, upper limit		306
Fair value input, credit spreads, weighted-average	[2]	229
Internal Models | Level 3 | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 649
Fair value input, credit spreads, lower limit		75
Fair value input, credit spreads, upper limit		322
Fair value input, credit spreads, weighted-average	[2]	218
Internal Models | Level 3 | U.S. corporate | Consumer—non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 86
Fair value input, credit spreads, lower limit		72
Fair value input, credit spreads, upper limit		306
Fair value input, credit spreads, weighted-average	[2]	171
Internal Models | Level 3 | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 25
Fair value input, credit spreads, lower limit		128
Fair value input, credit spreads, upper limit		184
Fair value input, credit spreads, weighted-average	[2]	163
Internal Models | Level 3 | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 33
Fair value input, credit spreads, lower limit		159
Fair value input, credit spreads, upper limit		308
Fair value input, credit spreads, weighted-average	[2]	227
Internal Models | Level 3 | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 38
Fair value input, credit spreads, lower limit		97
Fair value input, credit spreads, upper limit		263
Fair value input, credit spreads, weighted-average	[2]	185
Internal Models | Level 3 | U.S. corporate | Consumer—cyclical
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 119
Fair value input, credit spreads, lower limit		107
Fair value input, credit spreads, upper limit		244
Fair value input, credit spreads, weighted-average	[2]	180
Internal Models | Level 3 | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 47
Fair value input, credit spreads, lower limit		41
Fair value input, credit spreads, upper limit		210
Fair value input, credit spreads, weighted-average	[2]	143
Internal Models | Level 3 | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 149
Fair value input, credit spreads, lower limit		116
Fair value input, credit spreads, upper limit		219
Fair value input, credit spreads, weighted-average	[2]	140
Internal Models | Level 3 | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 934
Fair value input, credit spreads, lower limit		72
Fair value input, credit spreads, upper limit		306
Fair value input, credit spreads, weighted-average	[2]	175
Internal Models | Level 3 | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 309
Fair value input, credit spreads, lower limit		87
Fair value input, credit spreads, upper limit		290
Fair value input, credit spreads, weighted-average	[2]	167
Internal Models | Level 3 | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 124
Fair value input, credit spreads, lower limit		123
Fair value input, credit spreads, upper limit		263
Fair value input, credit spreads, weighted-average	[2]	191
Internal Models | Level 3 | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 131
Fair value input, credit spreads, lower limit		122
Fair value input, credit spreads, upper limit		216
Fair value input, credit spreads, weighted-average	[2]	172
Internal Models | Level 3 | Non-U.S. corporate | Consumer—non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 66
Fair value input, credit spreads, lower limit		72
Fair value input, credit spreads, upper limit		248
Fair value input, credit spreads, weighted-average	[2]	161
Internal Models | Level 3 | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 26
Fair value input, credit spreads, lower limit		123
Fair value input, credit spreads, upper limit		207
Fair value input, credit spreads, weighted-average	[2]	164
Internal Models | Level 3 | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 69
Fair value input, credit spreads, lower limit		97
Fair value input, credit spreads, upper limit		225
Fair value input, credit spreads, weighted-average	[2]	153
Internal Models | Level 3 | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 115
Fair value input, credit spreads, lower limit		72
Fair value input, credit spreads, upper limit		306
Fair value input, credit spreads, weighted-average	[2]	200
Internal Models | Level 3 | Non-U.S. corporate | Consumer—cyclical
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 52
Fair value input, credit spreads, lower limit		159
Fair value input, credit spreads, upper limit		260
Fair value input, credit spreads, weighted-average	[2]	198
Internal Models | Level 3 | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 20
Fair value input, credit spreads, lower limit		185
Fair value input, credit spreads, upper limit		219
Fair value input, credit spreads, weighted-average	[2]	189
Internal Models | Level 3 | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value | $		$ 22
Fair value input, credit spreads, lower limit		86
Fair value input, credit spreads, upper limit		161
Fair value input, credit spreads, weighted-average	[2]	135
[1]Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.[2]Unobservable inputs weighted by the relative fair value of the associated instrument for fixed maturity securities and by notional for derivative assets.[3]Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The unobservable inputs associated with GMWB embedded derivatives are not interrelated and therefore, a directional change in one input will not affect the other inputs.[4]Unobservable inputs weighted by the policyholder account balances associated with the instrument.

Liabilities by Class of Instrum

Liabilities by Class of Instrument that are Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions		Jun. 30, 2022		Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		$ 868		$ 616
Total liabilities		868		616
Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		342		26
Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		342		26
Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		526		590
Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	277		271
Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		233		294
Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		16		25
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		0		0
Level 1 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 1 | Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 1 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 1 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	0		0
Level 1 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 1 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		342		26
Level 2 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		342		26
Level 2 | Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		342		26
Level 2 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 2 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	0		0
Level 2 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 2 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		526		590
Level 3 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 3 | Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0		0
Level 3 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		526		590
Level 3 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	277	[2]	271
Level 3 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		233		294
Level 3 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		$ 16		$ 25
[1]Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.[2]Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The unobservable inputs associated with GMWB embedded derivatives are not interrelated and therefore, a directional change in one input will not affect the other inputs.

Liabilities Measured at Fair Va

Liabilities Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		$ 525	$ 657	$ 590	$ 804
Total realized and unrealized (gains) losses included in net (income)		9	8	(48)	(111)
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		9	10	22	23
Settlements		(17)	(37)	(37)	(78)
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	(1)	0
Ending balance		526	638	526	638
Total (gains) losses included in net (income) attributable to liabilities still held		12	7	(41)	(106)
Total (gains) losses included in OCI attributable to liabilities still held		0	0	0	0
Policyholder account balances
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		525	657	590	804
Total realized and unrealized (gains) losses included in net (income)		9	8	(48)	(111)
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		9	10	22	23
Settlements		(17)	(37)	(37)	(78)
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	(1)	0
Ending balance		526	638	526	638
Total (gains) losses included in net (income) attributable to liabilities still held		12	7	(41)	(106)
Total (gains) losses included in OCI attributable to liabilities still held		0	0	0	0
Policyholder account balances | GMWB embedded derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	[1]	243	272	271	379
Total realized and unrealized (gains) losses included in net (income)	[1]	28	(3)	(6)	(116)
Total realized and unrealized (gains) losses included in OCI	[1]	0	0	0	0
Purchases	[1]	0	0	0	0
Sales	[1]	0	0	0	0
Issuances	[1]	6	6	12	12
Settlements	[1]	0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance	[1]	277	275	277	275
Total (gains) losses included in net (income) attributable to liabilities still held	[1]	31	(4)	1	(111)
Total (gains) losses included in OCI attributable to liabilities still held	[1]	0	0	0	0
Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		261	362	294	399
Total realized and unrealized (gains) losses included in net (income)		(11)	14	(23)	18
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(17)	(37)	(37)	(78)
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	(1)	0
Ending balance		233	339	233	339
Total (gains) losses included in net (income) attributable to liabilities still held		(11)	14	(23)	18
Total (gains) losses included in OCI attributable to liabilities still held		0	0	0	0
Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		21	23	25	26
Total realized and unrealized (gains) losses included in net (income)		(8)	(3)	(19)	(13)
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		3	4	10	11
Settlements		0	0	0	0
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	0	0
Ending balance		16	24	16	24
Total (gains) losses included in net (income) attributable to liabilities still held		(8)	(3)	(19)	(13)
Total (gains) losses included in OCI attributable to liabilities still held		$ 0	$ 0	$ 0	$ 0
[1]Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

Gains and Losses Included in _2

Gains and Losses Included in Net (Income) from Liabilities Measured at Fair Value (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total realized and unrealized (gains) losses included in net (income), liabilities	$ 9	$ 8	$ (48)	$ (111)
Total (gains) losses included in net (income) attributable to liabilities still held, liabilities	12	7	(41)	(106)
Net Investment Income
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total realized and unrealized (gains) losses included in net (income), liabilities	0	0	0	0
Total (gains) losses included in net (income) attributable to liabilities still held, liabilities	0	0	0	0
Net investment (gains) losses
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total realized and unrealized (gains) losses included in net (income), liabilities	9	8	(48)	(111)
Total (gains) losses included in net (income) attributable to liabilities still held, liabilities	$ 12	$ 7	$ (41)	$ (106)

Fair Value Financial Instrument

Fair Value Financial Instruments Not Required to Be Carried at Fair Value (Detail) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans		$ 7,065	$ 6,830
Liabilities:
Long-term borrowings		1,773	1,899
Off-balance sheet risk		1,409	1,185
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[1]	0	0
Bank loan investments	[1]	0	0
Liabilities:
Long-term borrowings	[1]	0	0
Investment contracts	[1]	0	0
Level 1 | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Level 1 | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[1]	0	0
Bank loan investments	[1]	0	0
Liabilities:
Long-term borrowings	[1]	1,336	1,767
Investment contracts	[1]	0	0
Level 2 | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Level 2 | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[1]	6,679	7,224
Bank loan investments	[1]	402	370
Liabilities:
Long-term borrowings	[1]	0	0
Investment contracts	[1]	8,146	9,352
Level 3 | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Level 3 | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Carrying value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[1]	7,065	6,830
Bank loan investments	[1]	406	363
Liabilities:
Long-term borrowings	[1]	1,773	1,899
Investment contracts	[1]	8,071	8,657
Carrying value | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Carrying value | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[1]	6,679	7,224
Bank loan investments	[1]	402	370
Liabilities:
Long-term borrowings	[1]	1,336	1,767
Investment contracts	[1]	8,146	9,352
Fair value | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Fair value | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Notional amount | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		75	141
Notional amount | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		$ 88	$ 125
[1]These financial instruments do not have notional amounts.

Summary of carrying value of li

Summary of carrying value of limited partnerships and commitments to fund (Detail) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Schedule of Carrying Value of Limited Partnerships and Commitments To Fund [Line Items]
Limited partnerships, carrying value		$ 2,123	$ 1,900
Off-balance sheet risk		1,409	1,185
Limited Partnerships
Schedule of Carrying Value of Limited Partnerships and Commitments To Fund [Line Items]
Limited partnerships, carrying value		1,649	1,462
Assets Measured Using Net Asset Value | Limited Partnerships Private Equity Funds
Schedule of Carrying Value of Limited Partnerships and Commitments To Fund [Line Items]
Limited partnerships, carrying value	[1]	1,483	1,312
Off-balance sheet risk	[1]	1,080	950
Assets Measured Using Net Asset Value | Limited Partnerships Real Estate Funds
Schedule of Carrying Value of Limited Partnerships and Commitments To Fund [Line Items]
Limited partnerships, carrying value	[2]	84	67
Off-balance sheet risk	[2]	145	101
Assets Measured Using Net Asset Value | Limited Partnerships Infrastructure Funds
Schedule of Carrying Value of Limited Partnerships and Commitments To Fund [Line Items]
Limited partnerships, carrying value	[3]	59	57
Off-balance sheet risk	[3]	11	13
Assets Measured Using Net Asset Value | Limited Partnerships
Schedule of Carrying Value of Limited Partnerships and Commitments To Fund [Line Items]
Limited partnerships, carrying value		1,626	1,436
Off-balance sheet risk		1,236	1,064
Accounted For Under Equity method of Accounting | Limited Partnerships
Schedule of Carrying Value of Limited Partnerships and Commitments To Fund [Line Items]
Limited partnerships, carrying value		473	437
Off-balance sheet risk		172	120
Low-Income Housing Tax Credits | Limited Partnerships
Schedule of Carrying Value of Limited Partnerships and Commitments To Fund [Line Items]
Limited partnerships, carrying value	[4]	1	1
Off-balance sheet risk	[4]	0	0
Accounted for at Fair Value | Limited Partnerships
Schedule of Carrying Value of Limited Partnerships and Commitments To Fund [Line Items]
Limited partnerships, carrying value		23	26
Off-balance sheet risk		$ 1	$ 1
[1]This class employs various investment strategies such as leveraged buyout, growth equity, venture capital and mezzanine financing, generally investing in debt or equity positions directly in companies or assets of various sizes across diverse industries globally, primarily concentrated in North America.[2]This class invests in real estate in North America, Europe and Asia via direct property ownership, joint ventures, mortgages and investments in debt and equity instruments.[3]This class invests in the debt or equity of cash flow generating assets diversified across a variety of industries, including transportation, energy infrastructure, renewable power, social infrastructure, power generation, water, telecommunications and other regulated entities globally.[4]Relates to limited partnership investments that invest in affordable housing projects that qualify for the Low-Income Housing Tax Credit and are accounted for using the proportional amortization method.

Deferred Acquisition Costs - Ad

Deferred Acquisition Costs - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Deferred Policy Acquisition Costs [Line Items]
Accumulated effect of net unrealized investment (gains) losses	$ 27	$ (1,454)
Universal and term universal life insurance contracts | Unlocking
Deferred Policy Acquisition Costs [Line Items]
Deferred policy acquisition costs, impairment loss	39	38
Shadow accounting adjustment
Deferred Policy Acquisition Costs [Line Items]
Accumulated effect of net unrealized investment (gains) losses	$ 27	(1,454)
Shadow accounting adjustment | Long-term Care Insurance
Deferred Policy Acquisition Costs [Line Items]
Accumulated effect of net unrealized investment (gains) losses		$ (1,002)

Activity Impacting Deferred Acq

Activity Impacting Deferred Acquisition Costs (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Deferred Policy Acquisition Costs [Line Items]
Unamortized beginning balance	$ 2,438	$ 2,809
Costs deferred	1	3
Amortization, net of interest accretion	(152)	(146)
Unamortized ending balance	2,287	2,666
Accumulated effect of net unrealized investment (gains) losses	27	(1,454)
Ending balance	$ 2,314	$ 1,212	$ 1,146

Changes in Liability for Policy

Changes in Liability for Policy and Contract Claims (Detail) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Beginning balance	$ 11,841	$ 11,486	$ 11,486
Less reinsurance recoverables	(2,388)	(2,431)	(2,431)
Net beginning balance	9,453	9,055	9,055
Current year	2,047	1,991
Prior years	(483)	(332)
Total incurred	1,564	1,659
Current year	(412)	(477)
Prior years	(1,250)	(1,255)
Total paid	(1,662)	(1,732)
Interest on liability for policy and contract claims	207	202
Net ending balance	9,562	9,184	9,453
Add reinsurance recoverables	2,353	2,362	2,388
Ending balance	$ 11,915	$ 11,546	$ 11,841

Liability for Policy and Cont_3

Liability for Policy and Contract Claims - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred related to insured events of prior year	$ (483)	$ (332)
Liability for Claims and Claims Adjustment Expense	11,915	$ 11,546	$ 11,841	$ 11,486
Long-term Care Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred related to insured events of prior year	(483)
GNW Long Term Care Insurance [Member] | GNW Covid Nineteen [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred related to insured events of prior year	53
GNW Long Term Care Insurance [Member] | GNW Covid Nineteen [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liability for Claims and Claims Adjustment Expense	156		$ 209
Enact | GNW Covid Nineteen [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred related to insured events of prior year	$ 146

Borrowings - Long Term Borrowin

Borrowings - Long Term Borrowings (Detail) - USD ($) $ in Millions		Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total		$ 1,773	$ 1,899
Genworth Holdings
Debt Instrument [Line Items]
Long-term borrowings	[1]	1,048	1,178
Bond consent fees	[1]	(11)	(12)
Deferred borrowing charges	[1]	(6)	(7)
Total	[1]	1,031	1,159
Genworth Holdings | 4.80% Senior Notes, Due 2024
Debt Instrument [Line Items]
Long-term borrowings	[1]	152	282
Genworth Holdings | 6.50% Senior Notes, Due 2034
Debt Instrument [Line Items]
Long-term borrowings	[1]	298	298
Genworth Holdings | Floating Rate Junior Subordinated Notes, due 2066
Debt Instrument [Line Items]
Long-term borrowings	[1]	598	598
Enact Holdings
Debt Instrument [Line Items]
Deferred borrowing charges		(8)	(10)
Total		742	740
Enact Holdings | 6.50% Senior Notes, Due 2025
Debt Instrument [Line Items]
Long-term borrowings	[2]	$ 750	$ 750
[1]Genworth Holdings has the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread.[2]Senior notes issued by Enact Holdings, who has the option to redeem the notes in whole or in part at any time prior to February 15, 2025, by paying a make-whole premium plus accrued and unpaid interest.

Borrowings - Long Term Borrow_2

Borrowings - Long Term Borrowings (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Debt Instrument [Line Items]
Gain (Loss) on Extinguishment of Debt	$ (1)		$ 0	$ (4)	$ (4)
4.80% Senior Notes, Due 2024 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	4.80%			4.80%
Debt instrument, maturity year				2024
Aggregate principal amount of notes repurchased	$ 48	$ 82		$ 48
Gain (Loss) on Extinguishment of Debt	$ 1	$ 3
6.50% Senior Notes, Due 2034 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	6.50%			6.50%
Debt instrument, maturity year				2034
Floating Rate Junior Subordinated Notes, due 2066 | Genworth Holdings
Debt Instrument [Line Items]
Debt instrument, maturity year				2066
6.50% Senior Notes, Due 2025 | Enact Holdings
Debt Instrument [Line Items]
Interest rate	6.50%			6.50%
Debt instrument, maturity year				2025

Borrowings - Additional Informa

Borrowings - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Genworth Holdings | Fixed Rate Senior Notes | Minimum
Debt Instrument [Line Items]
Senior notes option to redeem	100%
Enact Holdings | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 200
Debt instrument, Term	5 years
Line of credit facility additional borrowing capacity	$ 100
Enact Holdings | 6.50% Senior Notes, Due 2025
Debt Instrument [Line Items]
Debt instrument, option to redeem date, prior to	Feb. 15, 2025

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Income Taxes [Line Items]
Valuation allowances	$ 434		$ 434		$ 382
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%	21%	21%	21%
Other Comprehensive Income (Loss)
Income Taxes [Line Items]
Increase (decrease) in the valuation allowance	$ 50
Forward Starting Swaps
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35%	35%	35%	35%

Reconciliation of Federal Statu

Reconciliation of Federal Statutory Tax Rate to Effective Income Tax Rate (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Examination [Line Items]
Statutory U.S. federal income tax rate	21%	21%	21%	21%
Tax on income from terminated swaps	2.90%	2.10%	2.90%	2.90%
Other, net	1%	0.30%	0.70%	0.30%
Effective rate	24.90%	23.40%	24.60%	24.20%

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) Segment	Jun. 30, 2021 USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment			3
Corporate federal income tax rate	21%	21%	21%	21%
Assumed tax rate on adjustments to adjusted operating income (loss)			21%
Expenses related to restructuring	$ 1	$ 5	$ 1	$ 26
Gains (losses) related to early extinguishment of debt	(1)	0	(4)	(4)
Net Investment Gains (Losses) [Member]
Segment Reporting Information [Line Items]
Adjustment for DAC and other intangibles and certain benefit reserves	(2)		(2)
Genworth Holdings | Senior Notes 2021
Segment Reporting Information [Line Items]
Gains (losses) related to early extinguishment of debt				4
Aggregate principal amount of notes repurchased		$ 146		$ 146
Genworth Holdings | Senior Notes 2024
Segment Reporting Information [Line Items]
Gains (losses) related to early extinguishment of debt	1		4
Aggregate principal amount of notes repurchased	130		$ 130
Principal amount of notes repurchased	$ 48

Summary of Revenues of Major Pr

Summary of Revenues of Major Product Groups for Segments and Corporate and Other Activities (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenues	$ 1,881	$ 2,041	$ 3,773	$ 4,026
Segment, Continuing Operations
Segment Reporting Information [Line Items]
Revenues	1,881	2,041	3,773	4,026
Segment, Continuing Operations | Enact
Segment Reporting Information [Line Items]
Revenues	273	276	543	564
Segment, Continuing Operations | Long-term Care Insurance
Segment Reporting Information [Line Items]
Revenues	1,119	1,226	2,228	2,366
Segment, Continuing Operations | Life Insurance
Segment Reporting Information [Line Items]
Revenues	310	329	649	677
Segment, Continuing Operations | Fixed Annuities
Segment Reporting Information [Line Items]
Revenues	92	122	208	254
Segment, Continuing Operations | U.S. Life Insurance
Segment Reporting Information [Line Items]
Revenues	1,521	1,677	3,085	3,297
Segment, Continuing Operations | Runoff
Segment Reporting Information [Line Items]
Revenues	70	88	136	164
Segment, Continuing Operations | Corporate and Other
Segment Reporting Information [Line Items]
Revenues	$ 17	$ 0	$ 9	$ 1

Summary of Assets for Segments

Summary of Assets for Segments and Corporate and Other Activities (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total assets	$ 89,068	$ 99,171
Enact | Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	5,763	5,850
U.S. Life Insurance | Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	73,288	81,210
Runoff | Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	8,264	9,460
Corporate and Other | Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	$ 1,753	$ 2,651

Summary of Net Operating Income

Summary of Net Operating Income (Loss) for Segments and Corporate and Other Activities (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Net income (loss) available to Genworth Financial, Inc.'s common stockholders	$ 181	$ 240	$ 330	$ 427
Add: net income from continuing operations attributable to noncontrolling interests	38	0	68	0
Add: net income from discontinued operations attributable to noncontrolling interests	0	0	0	8
Net income	219	240	398	435
Less: income (loss) from discontinued operations, net of taxes	(1)	(5)	(3)	16
Income from continuing operations	220	245	401	419
Less: net income from continuing operations attributable to noncontrolling interests	38	0	68	0
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders	182	245	333	419
Net investment (gains) losses, net	(10)	(70)	(38)	(103)
(Gains) losses on early extinguishment of debt	1	0	4	4
Expenses related to restructuring	1	5	1	26
Taxes on adjustments	2	14	7	16
Adjusted operating income available to Genworth Financial, Inc.'s common stockholders	176	194	307	362
Segment, Continuing Operations | Enact
Segment Reporting Information [Line Items]
Adjusted operating income available to Genworth Financial, Inc.'s common stockholders	167	135	302	261
Segment, Continuing Operations | Long-term Care Insurance
Segment Reporting Information [Line Items]
Adjusted operating income available to Genworth Financial, Inc.'s common stockholders	34	98	93	193
Segment, Continuing Operations | Life Insurance
Segment Reporting Information [Line Items]
Adjusted operating income available to Genworth Financial, Inc.'s common stockholders	(34)	(40)	(113)	(103)
Segment, Continuing Operations | Fixed Annuities
Segment Reporting Information [Line Items]
Adjusted operating income available to Genworth Financial, Inc.'s common stockholders	21	13	37	43
Segment, Continuing Operations | U.S. Life Insurance
Segment Reporting Information [Line Items]
Adjusted operating income available to Genworth Financial, Inc.'s common stockholders	21	71	17	133
Segment, Continuing Operations | Runoff
Segment Reporting Information [Line Items]
Adjusted operating income available to Genworth Financial, Inc.'s common stockholders	2	15	11	27
Segment, Continuing Operations | Corporate and Other
Segment Reporting Information [Line Items]
Adjusted operating income available to Genworth Financial, Inc.'s common stockholders	$ (14)	$ (27)	$ (23)	$ (59)

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions					1 Months Ended	12 Months Ended
	Mar. 25, 2022	Aug. 11, 2021	Jul. 17, 2020	Jan. 31, 2020	Jan. 31, 2021	Dec. 31, 2019	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 11, 2019
Commitments and Contingencies Disclosure [Line Items]
Off-balance sheet risk							$ 1,409		$ 1,185
Commitments to Fund Limited Partnerships
Commitments and Contingencies Disclosure [Line Items]
Off-balance sheet risk							1,409
Commitments to fund U.S. commercial mortgage loan investments
Commitments and Contingencies Disclosure [Line Items]
Off-balance sheet risk							64
Commitments to Fund Private Placement Investments
Commitments and Contingencies Disclosure [Line Items]
Off-balance sheet risk							24
Commitments to Fund Bank Loan Investments
Commitments and Contingencies Disclosure [Line Items]
Off-balance sheet risk							$ 75
Other Litigation
Commitments and Contingencies Disclosure [Line Items]
Plaintiff's Motion Dismissed				$ 395
Loss Contingency, Damages Sought		$ 5			$ 5
Plaintiffs' motion				$ 15		$ 410
Restricted cash proceeds on sale per litigation										$ 450
Life Insurance [Member] | Litigation | Cost of Insurance
Commitments and Contingencies Disclosure [Line Items]
Loss Contingency, Damages Sought			$ 5		$ 5
Contingent liability								$ 25
Litigation Settlement, Amount Awarded to Other Party	$ 25

Component of Changes in Accumul

Component of Changes in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		$ 2,610	$ 3,675	$ 3,861	$ 4,425
OCI before reclassifications		(2,750)	193	(4,011)	(372)
Amounts reclassified from (to) OCI		(33)	(34)	(64)	(72)
Total other comprehensive income (loss)		(2,783)	159	(4,075)	(444)
Balances before nonnontrolling interests		(173)	3,834	(214)	3,981
Less: change in OCI attributable to noncontrolling interests		(28)	0	(69)	147
Ending balance		(145)	3,834	(145)	3,834
Net unrealized investment gains (losses)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	[1]	850	1,919	1,860	2,214
OCI before reclassifications	[1]	(2,436)	(54)	(3,493)	(370)
Amounts reclassified from (to) OCI	[1]	4	0	10	(4)
Total other comprehensive income (loss)	[1]	(2,432)	(54)	(3,483)	(374)
Balances before nonnontrolling interests	[1]	(1,582)	1,865	(1,623)	1,840
Less: change in OCI attributable to noncontrolling interests	[1]	(28)	0	(69)	(25)
Ending balance	[1]	(1,554)	1,865	(1,554)	1,865
Derivatives qualifying as hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	[2]	1,789	1,792	2,025	2,211
OCI before reclassifications	[2]	(307)	245	(506)	(140)
Amounts reclassified from (to) OCI	[2]	(37)	(34)	(74)	(68)
Total other comprehensive income (loss)	[2]	(344)	211	(580)	(208)
Balances before nonnontrolling interests	[2]	1,445	2,003	1,445	2,003
Less: change in OCI attributable to noncontrolling interests	[2]	0	0	0	0
Ending balance	[2]	1,445	2,003	1,445	2,003
Foreign currency translation and other adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		(29)	(36)	(24)	0
OCI before reclassifications		(7)	2	(12)	138
Amounts reclassified from (to) OCI		0	0	0	0
Total other comprehensive income (loss)		(7)	2	(12)	138
Balances before nonnontrolling interests		(36)	(34)	(36)	138
Less: change in OCI attributable to noncontrolling interests		0	0	0	172
Ending balance		$ (36)	$ (34)	$ (36)	$ (34)
[1]Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.[2]See note 5 for additional information.

Changes In Accumulated Other _3

Changes In Accumulated Other Comprehensive Income (Loss) - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrecognized postretirement benefit obligation, current period OCI	$ (4)	$ (15)
Unrecognized postretirement benefit obligation, current period OCI, tax	1	4
Foreign currency translation and other adjustments, current period OCI, tax	$ 2	$ (1)

Reclassifications In (Out) of A

Reclassifications In (Out) of Accumulated Other Comprehensive Income (Loss), Net of Taxes (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net investment income		$ (787)	$ (844)	$ (1,551)	$ (1,645)
Net investment (gains) losses		(8)	(70)	(36)	(103)
Interest expense		26	43	52	94
Income taxes		73	75	131	134
(Income) loss from continuing operations		(220)	(245)	(401)	(419)
Amount reclassified from accumulated other comprehensive income (loss) | Net unrealized investment (gains) losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net investment (gains) losses	[1]	5	0	13	(5)
Income taxes		(1)	0	(3)	1
(Income) loss from continuing operations		4	0	10	(4)
Amount reclassified from accumulated other comprehensive income (loss) | Derivatives qualifying as hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income taxes		19	18	39	36
(Income) loss from continuing operations		(37)	(34)	(74)	(68)
Amount reclassified from accumulated other comprehensive income (loss) | Derivatives qualifying as hedges | Interest rate swaps | Derivative liabilities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense		1	0	2	0
Amount reclassified from accumulated other comprehensive income (loss) | Derivatives qualifying as hedges | Interest rate swaps | Derivative assets
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net investment income		(57)	(52)	(112)	(104)
Net investment (gains) losses		0	0	(2)	0
Amount reclassified from accumulated other comprehensive income (loss) | Derivatives qualifying as hedges | Foreign currency swaps
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net investment income		$ 0	$ 0	$ (1)	$ 0
[1]Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

Summary of Operating Results Re

Summary of Operating Results Related to Discontinued Operations (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues:
Premiums		$ 927	$ 947	$ 1,858	$ 1,915
Net investment income		787	844	1,551	1,645
Net investment gains (losses)		8	70	36	103
Benefits and expenses:
Benefits and other changes in policy reserves		764	1,161	1,903	2,379
Acquisition and operating expenses, net of deferrals		589	304	860	579
Amortization of deferred acquisition costs and intangibles		84	86	176	163
Total benefits and expenses		1,588	1,721	3,241	3,473
Income from discontinued operations, net of taxes		(1)	(5)	(3)	16
Less: net income from discontinued operations attributable to noncontrolling interests		0	0	0	8
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders		$ (1)	(5)	$ (3)	8
Assets Held For Sale Related To Discontinued Operations | Genworth Australia
Revenues:
Premiums			0		51
Net investment income			0		4
Net investment gains (losses)			0		(5)
Total revenues			0		50
Benefits and expenses:
Benefits and other changes in policy reserves			0		11
Acquisition and operating expenses, net of deferrals			0		7
Amortization of deferred acquisition costs and intangibles			0		6
Interest expense			0		1
Total benefits and expenses			0		25
Income before income taxes and loss on sale	[1]		0		25
Provision for income taxes			0		8
Income before loss on sale			0		17
Loss on sale, net of taxes			0		(3)
Income from discontinued operations, net of taxes			0		14
Less: net income from discontinued operations attributable to noncontrolling interests			0		8
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders			$ 0		$ 6
[1]The six months ended June 30, 2021, includes pre-tax income from discontinued operations available to Genworth Financial, Inc.’s common stockholders of $13 million.

Summary of Operating Results _2

Summary of Operating Results Related to Discontinued Operations (Parenthetical) (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2021 USD ($)
Genworth Australia | Parent Company [Member]
Discontinued operation pretax income attributable to parent	$ 13

Discontinued Operations - Summa

Discontinued Operations - Summary of Liabilities Related to Discontinued Operations (Detail) £ in Millions, $ in Millions		6 Months Ended			12 Months Ended
		Jun. 30, 2022 USD ($)	Jun. 30, 2022 GBP (£)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 GBP (£)	Jun. 30, 2022 GBP (£)	Dec. 31, 2021 GBP (£)
Future claims:
Less: Amounts paid		$ (1,662)		$ (1,732)
AXA Settlement Agreement | Future Losses
Installment payments due to AXA:
Total amounts due under the promissory note		0			$ 0		£ 0	£ 0
Future claims:
Estimated beginning balance		30	£ 22	108	108	£ 79
Plus: Additional amounts invoiced		2	2		0	0
Change in estimated future claims		0	0		(14)	(10)
Less: Amounts billed and included as mandatory prepayments		0	0		(61)	(45)
Less: Amounts paid		(31)	(23)		(3)	(2)
Foreign exchange and other		0	0		0	0
Estimated future claims		1	1		30	22
Total amounts due to AXA under the settlement agreement		1			30		£ 1	£ 22
June 2022 | AXA Settlement Agreement | Future Losses
Installment payments due to AXA:
Beginning balance		0	0	217	217	159
Prepayments	[1]	0	0		(217)	(159)
Ending balance		0	0		0	0
September 2022 | AXA Settlement Agreement | Future Losses
Installment payments due to AXA:
Beginning balance		0	0	$ 256	256	187
Amounts billed as future losses		0	0		61	45
Prepayments	[1]	0	0		(324)	(232)
Foreign exchange and other		0	0		7	0
Ending balance		$ 0	£ 0		$ 0	£ 0
[1]On March 3, 2021, we completed the sale of Genworth Australia and received net proceeds of approximately AUD483 million ($370 million). The sale of Genworth Australia resulted in a mandatory principal payment of approximately £176 million ($245 million) related to our outstanding secured promissory note issued to AXA, dated as of July 20, 2020, as amended by the parties in connection with the Genworth Australia sale. On September 21, 2021, we used a portion of the net proceeds from the minority IPO of Enact Holdings to repay the remaining outstanding balance of the secured promissory note of approximately £215 million ($296 million).

Discontinued Operations - Sum_2

Discontinued Operations - Summary of Liabilities Related to Discontinued Operations (Parenthetical) (Detail) £ in Millions, $ in Millions, $ in Millions	Sep. 21, 2021 USD ($)	Sep. 21, 2021 GBP (£)	Mar. 03, 2021 AUD ($)	Mar. 03, 2021 USD ($)	Mar. 03, 2021 GBP (£)
Genworth Mortgage Insurance Australia Limited [Member]
Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]
Proceeds from sale of disposal group including discontinuing operations			$ 483	$ 370
Mandatory Payment [Member] | Promissory Note [Member] | Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]
Promissory Note repayment	$ 296	£ 215
AXA Settlement Agreement Promissory Note [Member] | Mandatory Payment [Member] | Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]
Promissory Note repayment				$ 245	£ 176

Discontinued Operations - Addit

Discontinued Operations - Additional Information (Detail) $ / shares in Units, £ in Millions, shares in Millions, $ in Millions, $ in Millions

1 Months Ended

3 Months Ended

6 Months Ended

Sep. 21, 2021 USD ($)

Sep. 21, 2021 GBP (£)

Mar. 31, 2021 USD ($)

Mar. 31, 2021 GBP (£)

Mar. 03, 2021 AUD ($) $ / shares shares

Mar. 03, 2021 USD ($) shares

Feb. 28, 2022 USD ($)

Jun. 30, 2022 USD ($)

Jun. 30, 2021 USD ($)

Jun. 30, 2022 USD ($)

Jun. 30, 2021 USD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2021 GBP (£)

Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]

Unrelated liability

$ 3

$ 3

$ 4

Underwriting Liability [Member] | AXA [Member]

Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]

Adjustments to underwriting loss

$ 4

Genworth Mortgage Insurance Australia Limited

Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]

Proceeds from sale of disposal group including discontinuing operations

$ 483

$ 370

After-tax favorable adjustment

(1)

11

Percentage of shareholding in the investee company

52%

52%

Sale price per share disposed | $ / shares

$ 2.28

Number of subsidiaries shares sold | shares

214.3

214.3

AXA Settlement Agreement

Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]

Income (losses) from discontinued operations after tax

$ 1

$ 4

$ 2

$ 5

AXA Settlement Agreement Promissory Note | Discontinued Operations | Future Claims

Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]

Reduction in liabilities associated with future claims

$ 30

Loss Contingency, Estimate of Possible Loss

$ 30

£ 22

AXA Settlement Agreement Promissory Note | Discontinued Operations | Promissory Note | Mandatory Payment

Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]

Repayment of mandatory principal payment

$ 296

£ 215

$ 245

£ 176