Corebridge Financial (CRBG) 10-Q 10 May 23 2023 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2023	May 05, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	001-41504
Entity Registrant Name	Corebridge Financial, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4715639
Entity Address, Address Line One	2919 Allen Parkway, Woodson Tower
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77019
City Area Code	1-877
Local Phone Number	375-2422
Title of 12(b) Security	Common Stock, Par Value $0.01 Per Share
Trading Symbol	CRBG
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		648,143,336
Document Fiscal Year Focus	2023
Entity Central Index Key	0001889539
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Period End Date	Mar. 31, 2023

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022
Fixed maturity securities:
Bonds available for sale, at fair value, net of allowance for credit losses of $96 in 2023 and $148 in 2022 (amortized cost: 2023 - $179,471; 2022 - $181,274)*	[1]	$ 159,061	$ 156,793
Other bond securities	[1]	4,103	3,769
Equity securities, at fair value	[1]	191	170
Mortgage and other loans receivable	[1]	45,869	44,566
Other investments	[1]	10,496	10,418
Short-term Investments	[1]	4,006	4,400
Total investments		223,726	220,116
Cash	[1]	465	552
Accrued investment income	[1]	1,923	1,813
Premiums and other receivables, net of allowance for credit losses and disputes of $1 in 2023 and $1 in 2022		745	916
Reinsurance assets, net of allowance for credit losses and disputes		2,643	2,517
Deferred income taxes		8,435	8,831
Deferred policy acquisition costs and value of business acquired		10,641	10,563
Market risk benefit assets, at fair value		830	796
Other assets	[1]		2,521
Separate account assets, at fair value		87,357	84,853
Total assets		366,691	360,322
Liabilities:
Future policy benefits for life and accident and health insurance contracts		53,406	50,518
Policyholder contract deposits (portion measured at fair value: 2023 - $6,180; 2022 - $5,464)		158,025	156,058
Market risk benefit liabilities, at fair value		5,144	4,736
Other policyholder funds		2,897	2,885
Short-term debt		1,500	1,500
Separate account liabilities		87,357	84,853
Total liabilities		354,226	350,003
Contingencies, commitments and guarantees
Corebridge Shareholders' equity:
Common stock, value		6	6
Additional paid-in capital		8,024	8,030
Retained earnings		17,592	18,207
Accumulated other comprehensive loss		(14,067)	(16,863)
Total Corebridge Shareholders' equity		11,555	9,380
Non-redeemable noncontrolling interests		910	939
Total equity		12,465	10,319
Total liabilities and equity		$ 366,691	$ 360,322
Common stock, shares issued (in shares)		648,129,652	645,000,000
Common stock, par value (in dollars per share)		$ 0.01	$ 0.01
Common stock, shares authorized (in shares)		2,500,000,000	2,500,000,000
Fortitude RE
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		$ 27,238	$ 26,844
Liabilities:
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $1,774; 2022 - $1,262)		26,633	26,551
Excluding Fortitude
Liabilities:
Other liabilities (portion measured at fair value: 2023 - $159; 2022 - $97)*	[1]	8,705	9,076
Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		7,871	7,868
Debt of Consolidated Entities
Liabilities:
Long-term debt	[1]	$ 2,688	$ 5,958
[1] See Note 8

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022
Fixed maturity securities:
Bonds available for sale, allowance for credit losses		$ (96)	$ (148)
Bonds available for sale, amortized cost		179,471	181,274
Allowance for credit losses		(659)	(600)
Other investments	[1]	10,496	10,418
Short-term Investments	[1]	4,006	4,400
Premiums and other receivables, allowance for credit losses and disputes		(1)	(1)
Other assets	[1]		2,521
Liabilities:
Policyholder contract deposits		$ 158,025	$ 156,058
Corebridge Shareholders' equity:
Common stock, par value (in dollars per share)		$ 0.01	$ 0.01
Common stock, shares authorized (in shares)		2,500,000,000	2,500,000,000
Common stock, shares issued (in shares)		648,129,652	645,000,000
Fortitude RE
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		$ 0	$ 0
Liabilities:
Fortitude Re funds withheld payable		26,633	26,551
Excluding Fortitude
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		74	84
Short-term Investments
Fixed maturity securities:
Restricted cash		55	69
Other assets
Fixed maturity securities:
Restricted cash		4	12
Recurring Basis
Fixed maturity securities:
Other investments		7,934	7,879
Short-term Investments		1,540	1,357
Other assets		690	299
Liabilities:
Policyholder contract deposits		6,180	5,464
Fortitude Re funds withheld payable		1,774	1,262
Other liabilities, portion measured at fair value		159	97
Long-term debt, portion measured at fair value		$ 6	$ 6
[1] See Note 8

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues:
Premiums	$ 2,105	$ 735
Policy fees	698	730
Total net investment income	2,695	2,581
Total net realized gains (losses)	(1,458)	2,887
Advisory fee income	116	131
Other income	106	176
Total revenues	4,262	7,240
Benefits and expenses:
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	2,495	1,168
Change in the fair value of market risk benefits, net	196	(233)
Interest credited to policyholder account balances	1,026	878
Amortization of deferred policy acquisition costs and value of business acquired	256	243
Non-deferrable insurance commissions	136	144
Advisory fee expenses	65	71
General operating expenses	582	586
Interest expense	172	81
Net loss on divestitures	3	2
Total benefits and expenses	4,931	2,940
Income (loss) before income tax expense (benefit)	(669)	4,300
Income tax expense (benefit)	(216)	859
Net income (loss)	(453)	3,441
Less:
Net income (loss) attributable to noncontrolling interests	6	75
Net income (loss) attributable to Corebridge	$ (459)	$ 3,366
Income (loss) per common share attributable to Corebridge common shareholders:
Basic (in dollars per share)	$ (0.70)	$ 5.22
Diluted (in dollars per share)	$ (0.70)	$ 5.22
Weighted averages shares outstanding:
Basic (in shares)	650,800,000	645,000,000
Diluted (in shares)	650,800,000	645,000,000
Net investment income - excluding Fortitude Re funds withheld assets
Revenues:
Total net investment income	$ 2,301	$ 2,303
Total net realized gains (losses)	(453)	173
Fortitude Re funds withheld assets
Revenues:
Total net investment income	394	278
Total net realized gains (losses)	20	(123)
Fortitude Re funds withheld embedded derivative
Revenues:
Total net realized gains (losses)	$ (1,025)	$ 2,837

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Income (Loss) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Remeasurement (gains) losses on policy liabilities	$ 64	$ 147

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ (453)	$ 3,441
Other comprehensive income (loss), net of tax
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken	30	(51)
Change in unrealized appreciation (depreciation) of all other investments	3,132	(13,376)
Change in fair value of market risk benefits attributable to changes in the instrument-specific risk	74	782
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	(465)	2,232
Change in cash flow hedges	(4)	177
Change in foreign currency translation adjustments	36	(23)
Change in retirement plan liabilities	2	0
Other comprehensive income (loss)	2,805	(10,259)
Comprehensive income (loss)	2,352	(6,818)
Less:
Comprehensive income attributable to noncontrolling interests	15	75
Comprehensive income (loss) attributable to Corebridge	$ 2,337	$ (6,893)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common Stock Class A	Common Stock Class B	Total Corebridge Shareholders' Equity	Total Corebridge Shareholders' Equity Common Stock Class B	Common Stock	Common Stock Common Stock Class A	Common Stock Common Stock Class B	Additional Paid-In Capital	Retained Earnings	Retained Earnings Common Stock Class B	Accumulated Other Comprehensive Income (Loss)	Non- Redeemable Noncontrolling Interests
Balance, beginning of period at Dec. 31, 2021	$ 28,989			$ 27,230		$ 0	$ 5	$ 1	$ 8,054	$ 10,937		$ 8,233	$ 1,759
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to Corebridge or noncontrolling interests	3,442			3,366						3,366			76
Other comprehensive income (loss)	(10,259)			(10,259)								(10,259)
Contributions from noncontrolling interests	14												14
Distributions to noncontrolling interests	(280)	$ (5)				6		(1)					(280)
Other	(23)			(19)					(20)	1			(4)
Dividends on common stock			$ (290)		$ (290)						$ (290)
Balance, end of period at Mar. 31, 2022	21,593			20,028		6	0	0	8,034	14,014		(2,026)	1,565
Balance, beginning of period at Dec. 31, 2022	10,319			9,380		6	0	0	8,030	18,207		(16,863)	939
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to Corebridge or noncontrolling interests	(453)			(459)						(459)			6
Other comprehensive income (loss)	2,805			2,796								2,796	9
Changes in noncontrolling interests due to divestitures and acquisitions	(19)			0						0			(19)
Contributions from noncontrolling interests	25												25
Distributions to noncontrolling interests	(50)												(50)
Other	(13)			(13)					(6)	(7)			0
Dividends on common stock			$ (149)		$ (149)						$ (149)
Balance, end of period at Mar. 31, 2023	$ 12,465			$ 11,555		$ 6	$ 0	$ 0	$ 8,024	$ 17,592		$ (14,067)	$ 910

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023		Mar. 31, 2022
Cash flows from operating activities:
Net income		$ (453)		$ 3,441
Non-cash revenues, expenses, gains and losses included in income (loss):
Net losses on sales of securities available for sale and other assets		89		90
Net loss on divestitures		3		2
Unrealized (gains) losses in earnings - net		151		(36)
Change in the fair value of market risk benefits, net		316		(496)
Equity in income from equity method investments, net of dividends or distributions		(22)		(51)
Depreciation and other amortization		105		157
Changes in operating assets and liabilities:
Insurance reserves		41		(212)
Premiums and other receivables and payables - net		(17)		61
Funds held relating to Fortitude Re Reinsurance contracts		538		(3,443)
Reinsurance assets and funds held under reinsurance treaties		58		311
Capitalization of deferred policy acquisition costs		(318)		(261)
Current and deferred income taxes - net		(220)		341
Other, net		30		93
Total adjustments		754		(3,444)
Net cash provided by operating activities		301		(3)
sales or distributions of:
Available-for-sale securities		2,621		2,795
Other securities		208		123
Other invested assets		226		582
Divestitures, net		32		0
Maturities of fixed maturity securities available for sale		1,876		2,819
Principal payments received on mortgage and other loans receivable		714		1,618
Purchases of:
Available-for-sale securities		(4,558)		(4,916)
Other securities		(413)		(844)
Other invested assets		(259)		(512)
Mortgage and other loans receivable		(1,868)		(3,312)
Acquisition of businesses, net of cash and restricted cash acquired		0		(107)
Net change in short-term investments		100		982
Net change in derivative assets and liabilities		(301)		(187)
Other, net		145		(287)
Net cash used in investing activities		(1,477)		(1,246)
Proceeds from (payments for):
Policyholder contract deposits		8,226		6,410
Policyholder contract withdrawals		(6,468)		(4,802)
Dividends paid on common stock		(149)		(290)
Distributions to noncontrolling interests		(50)		(187)
Contributions from noncontrolling interests		25		14
Net change in securities lending and repurchase agreements		(442)		(130)
Other, net		26		271
Net cash provided by (used in) financing activities		1,065		1,250
Effect of exchange rate changes on cash and restricted cash		2		(2)
Net decrease in cash and restricted cash		(109)		(1)
Cash and restricted cash at beginning of year		633		601
Cash and restricted cash at end of year		524		600
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash		465	[1]	583
Total cash and restricted cash shown in the Condensed Consolidated Statements of Cash Flows		524		600
Cash paid during the period for:
Interest		83		44
Taxes		4		518
Non-cash investing activities:
Fixed maturity securities, designated available for sale, received in connection with pension risk transfer transactions		(1,424)		0
Fixed maturity securities, designated available for sale, transferred in connection with reinsurance transactions		456		204
Equity securities distributed in lieu of cash to non-consolidated Corebridge affiliate		0		94
Non-cash financing activities:
Interest credited to policyholder contract deposits included in financing activities		1,107		854
Fee income debited to policyholder contract deposits included in financing activities		(525)		(420)
Distribution in lieu of cash, in equity securities, to non-consolidated Corebridge affiliate		0		(94)
Consolidated VIE
Proceeds from (payments for):
Issuance of long term debt		39		729
Repayments of long-term debt		(142)		(765)
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash		96
Short-term investments
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Restricted cash	[2]	55		13
Other assets
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Restricted cash	[2]	$ 4		$ 4
[1] See Note 8

Organization, Consolidation and

Organization, Consolidation and Presentation of Financial Statements	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview and Basis of Presentation	1. Overview and Basis of Presentation Corebridge Financial, Inc. (“Corebridge Parent”) is a leading provider of retirement solutions and life insurance products in the United States. Our primary business operations consist of sales of individual and group annuities and life insurance products to individuals and institutional markets. Corebridge Parent common stock, par value $0.01 per share, is listed on the New York Stock Exchange (NYSE:CRBG). The terms “Corebridge,” “we,” “us,” “our” or the “Company” mean Corebridge Parent and its consolidated subsidiaries, unless the context refers to Corebridge Parent only. Subsidiaries of Corebridge Parent include: AGC Life Insurance Company (“AGC”), American General Life Insurance Company (“AGL”), The Variable Annuity Life Insurance Company (“VALIC”), VALIC Trust Company (“VTC”), The United States Life Insurance Company in the City of New York (“USL”), AIG Life of Bermuda, Ltd. (“AIG Bermuda”), AIG Life Ltd. (“AIG Life (United Kingdom)”) and its subsidiary, Laya Healthcare Ltd. (“Laya”) and SAFG Capital LLC and its subsidiaries. These unaudited Condensed Consolidated Financial Statements present the results of operations, financial condition and cash flows of the Company. On September 19, 2022, we completed an initial public offering (the “IPO”) in which American International Group, Inc. (“AIG Parent”) sold 80,000,000 shares of Corebridge Parent common stock to the public. As of March 31, 2023, AIG owns 77.3% of the outstanding common stock of Corebridge Parent. AIG Parent is a publicly traded entity, listed on the New York Stock Exchange (NYSE:AIG). The term “AIG” means AIG Parent and its consolidated subsidiaries, unless the context refers to AIG Parent only. These financial statements include the results of Corebridge Parent, its controlled subsidiaries (generally through a greater than 50% ownership of voting rights and voting interests) and variable interest entities (“VIEs”) of which we are the primary beneficiary. Equity investments in entities that we do not consolidate, including corporate entities in which we have significant influence and partnership and partnership-like entities in which we have more than minor influence over the operating and financial policies, are accounted for under the equity method unless we have elected the fair value option. The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States (‘‘GAAP’’). All material intercompany accounts and transactions between consolidated entities have been eliminated. The Company has recorded affiliated transactions with certain AIG subsidiaries that are not subsidiaries of Corebridge which have not been eliminated in the consolidated financial statements of the Company. The accompanying financial statements reflect all normal recurring adjustments, including eliminations of material intercompany accounts and transactions, necessary in the opinion of management for a fair statement of our financial position, results of operations and cash flows for the periods presented. We adopted the Financial Accounting Standards Board’s (the “FASB”) targeted improvements to the accounting for long-duration contracts (the “standard” or “LDTI”) on January 1, 2023 with a transition date of January 1, 2021 (“the transition date”). In accordance with the transition guidance in the standard, we updated our prior period Condensed Consolidated Financial Statements presented herein to reflect LDTI. For additional detail, see Note 2. USE OF ESTIMATES The preparation of financial statements in accordance with GAAP requires the application of accounting policies that often involve a significant degree of judgment. Accounting policies that we believe are most dependent on the application of estimates and assumptions are considered our critical accounting estimates and are related to the determination of: • valuation of market risk benefits (“MRBs”) related to guaranteed benefit features of variable annuity products, fixed annuity products and fixed index annuity products; • valuation of embedded derivative liabilities for fixed index annuity and index universal life products; • valuation of future policy benefit liabilities and recognition of remeasurement gains and losses; • reinsurance assets, including the allowance for credit losses; • goodwill impairment; • allowance for credit losses primarily on loans and available for sale fixed maturity securities; • fair value measurements of certain financial assets and liabilities; and • income tax assets and liabilities, including recoverability of our net deferred tax asset and the predictability of future tax operating profitability of the character necessary to realize the net deferred tax asset. These accounting estimates require the use of assumptions about matters, some of which are highly uncertain at the time of estimation. To the extent actual experience differs from the assumptions used, our consolidated financial condition, results of operations and cash flows could be materially affected.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies The following list identifies our significant accounting policies presente d in other Notes to these Condensed Consolidated Financial Statements, with a reference to the Note where a detailed description can be found: Note 5. Investments • Net realized gains (losses) Note 7. Reinsurance • Reinsurance assets – net of allowance Note 10. Deferred Policy Acquisition Costs • Deferred policy acquisition costs • Value of business acquired • Deferred sales inducements • Amortization of deferred policy acquisition costs • Non-deferrable insurance commissions Note 11. Insurance Liabilities • Future policy benefits • Policyholder contract deposits • Other policyholder funds Note 12. Market Risk Benefits Note 13. Separate Account Assets and Liabilities OTHER SIGNIFICANT ACCOUNTING POLICIES Insurance revenues include premiums and policy fees. All premiums and policy fees are presented net of reinsurance, as applicable. Premiums from long-duration life products, other than universal and variable life contracts, are recognized as revenues when due. Premiums from individual and group annuity contracts that are life contingent are recognized as revenues when due. For limited payment contracts, premiums are due over a significantly shorter period than the period over which benefits are provided. Prior to the adoption of LDTI on January 1, 2021, the difference between the gross premium received and the net premium was deferred and recognized in premiums in a constant relationship to insurance in-force, or for annuities, the amount of expected future policy benefits. This Deferred Profit Liability (“DPL”) was recorded in the Condensed Consolidated Balance Sheets in Other policyholder funds. After January 1, 2021, the difference between the gross premium received and recorded as revenue and the net premium is deferred and recognized in Policyholder benefits in a constant relationship to insurance in-force, or for annuities, the amount of expected future policy benefits. This DPL is recorded in the Condensed Consolidated Balance Sheets in Future policy benefits for life and accident and health insurance contracts. Premiums on short-duration accident and health policies are earned primarily on a pro rata basis over the term of the related coverage. The reserve for unearned premiums includes the portion of premiums written relating to the unexpired terms of coverage. This unearned revenue reserve (“URR”) is recorded in the Condensed Consolidated Balance Sheets in Other policyholder funds. Prior to the adoption of LDTI on January 1, 2021, reinsurance premiums ceded under yearly renewable term (“YRT”) reinsurance agreements were recognized as a reduction in revenues over the period the reinsurance coverage was utilized in proportion to the risks to which the premiums relate, while premiums ceded under modified coinsurance (“modco”) treaties were recognized when due. After January 1, 2021 all reinsurance premiums ceded are recognized when due, following a ceded net premium ratio methodology that also accrues a proportionate amount of estimated benefits. Reinsurance premiums for assumed business are estimated based on information received from ceding companies and reinsurers. Any subsequent differences that arise regarding such estimates are recorded in the periods in which they are determined. ACCOUNTING STANDARDS ADOPTED DURING 2023 Targeted Improvements to the Accounting for Long-Duration Contracts In August 2018, the FASB issued an accounting standard update with the objective of making targeted improvements to the existing recognition, measurement, presentation and disclosure requirements for long-duration contracts issued by an insurance entity. The Company adopted the standard on January 1, 2023 using the modified retrospective transition method relating to liabilities for traditional and limited payment contracts and deferred policy acquisition costs (“DAC”). The Company also adopted the standard in relation to MRBs on a full retrospective basis. As of the January 1, 2021 transition date, the impact of the adoption of the standard was a net decrease to beginning Accumulated other comprehensive income (loss) (“AOCI”) of $2.3 billion and a net increase to beginning Shareholders’ net investment of $1.2 billion primarily driven by (1) changes related to MRBs in our Individual Retirement and Group Retirement segments, including the impact of non-performance risk adjustments which reclassified the portion of the changes in fair value attributable to non-performance risk from Shareholders' net investment to AOCI, (2) changes to the discount rate which most significantly impacted our Life Insurance and Institutional Markets segments, and (3) the removal of balances recorded in AOCI related to changes in unrealized appreciation (depreciation) on investments. The accounting for the Fortitude Reinsurance Company Ltd. (“Fortitude Re”) reinsurance assets, including the discount rates, continued to be calculated using the same methodology and assumptions as the direct policies, and therefore have been recalculated on an LDTI basis. The accounting for reinsurance transactions between the Company and Fortitude Re structured as modco remained unchanged. Market risk benefits : The standard requires the measurement of all MRBs (e.g., living benefit and death benefit guarantees associated with variable annuities) associated with deposit (or account balance) contracts at fair value at each reporting period. Changes in fair value compared to prior periods are recorded and presented separately within the income statement, with the exception of instrument-specific credit risk changes (non-performance adjustments), which are recognized in Other comprehensive income (loss) (“OCI”). MRBs impacted both Shareholders’ net investment and AOCI upon transition. The accounting for MRBs primarily impacted our Individual Retirement and Group Retirement segments. For additional disclosures about MRBs, see Note 12. Discount rate assumption: The standard requires the discount rate assumption for the liability for future policy benefits to be updated at the end of each reporting period using an upper-medium grade (low credit risk) fixed income instrument yield that maximizes the use of observable market inputs. Upon transition, the Company had an adjustment to AOCI due to the fact that the market upper-medium grade (low credit risk) interest rates as of the Transition Date differed from reserve interest accretion rates. Following adoption of the standard, the impact of changes to discount rates are recognized through OCI. Changes resulting from updating the discount rate each reporting period primarily impact term life insurance and other traditional life insurance products, as well as pension risk transfer (“PRT”) and structured settlement products. For additional information on the discount rate assumption under accounting for Long-Duration Contracts Standard, see Note 11. Removal of balances related to changes in unrealized appreciation (depreciation) on investments: Under the standard, the majority of balances recorded in AOCI related to changes in unrealized appreciation (depreciation) on investments were eliminated. In addition to the above, the standard also: • Requires the review and, if necessary, update of future policy benefit assumptions at least annually for traditional and limited pay long duration contracts, with the recognition and separate presentation of any resulting re-measurement gain or loss (except for discount rate changes as noted above) in the Condensed Consolidated Statements of Income (Loss). For additional information, see Note 11. • Simplifies the amortization of DAC to a constant level basis over the expected term of the related contracts and no longer requires an impairment test. For additional information, see Note 10. • Increases disclosures of disaggregated rollforwards of several balances, including but not limited to liabilities for future policy benefits, deferred acquisition costs, account balances, MRBs, separate account liabilities and information about significant inputs, judgments and methods used in measurement and changes thereto and impact of those changes. The following table presents the impacts in connection with the adoption of LDTI on January 1, 2021 as well as cross references to the applicable notes herein for additional information: Balance, Beginning of Year Cumulative Effect Adjustment as of January 1, 2021 Updated Balances post-adoption of LDTI (in millions) Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes (a) $ 29,158 $ 7,666 $ 36,824 Reinsurance assets - other, net of allowance for credit losses and disputes (a) 2,707 433 3,140 Deferred income taxes 3,640 310 3,950 Deferred policy acquisition costs and value of business acquired (b) 7,363 3,137 10,500 Market risk benefit assets (c) — 338 338 Other assets (d) 3,428 396 3,824 Total assets 410,155 12,280 422,435 Future policy benefits for life and accident and health insurance (e) 54,660 10,522 65,182 Policyholder contract deposits (e) 154,892 (6,471) 148,421 Market risk benefit liabilities (c) — 8,739 8,739 Other policyholder funds (f) 2,492 248 2,740 Other liabilities (g) 9,954 399 10,353 Total liabilities 370,323 13,437 383,760 Shareholders’ net investment (h) 22,579 1,192 23,771 Accumulated other comprehensive income (h) 14,653 (2,349) 12,304 Total Corebridge Shareholders' net investment 37,232 (1,157) 36,075 Total equity 39,781 (1,157) 38,624 Total liabilities, redeemable noncontrolling interest and shareholder’s net investment $ 410,155 $ 12,280 $ 422,435 (a) Refer to Note 7 for additional information on the transition impacts associated with LDTI. (b) Refer to Note 10 for additional information on the transition impacts associated with LDTI. (c) Refer to Note 12 for additional information on the transition impacts associated with LDTI. (d) Other assets include deferred sales inducement assets. Refer to Note 10 for additional information on the transition impacts associated with LDTI. (e) Refer to Note 11 for additional information on the transition impacts associated with LDTI. (f) Other policyholder funds include URR. Refer to Note 11 for additional information on the transition impacts associated with LDTI. (g) Other liabilities include deferred cost of reinsurance liabilities. Refer to Note 7 for additional information on the transition impacts associated with LDTI. (h) Includes a correction of $158 million to increase shareholders' net investment and decrease AOCI. The following table presents the impacts in connection with the adoption of LDTI on January 1, 2021 on our previously reported Condensed Consolidated Balance Sheet as of December 31, 2022: December 31, 2022 As Previously Reported Effect of Change Updated Balances post-adoption of LDTI (in millions) Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes $ 27,794 $ (950) $ 26,844 Reinsurance assets - other, net of allowance for credit losses and disputes 2,980 (463) 2,517 Deferred income taxes 9,162 (331) 8,831 Deferred policy acquisition costs and value of business acquired 13,179 (2,616) 10,563 Market risk benefit assets — 796 796 Other assets 2,852 (331) 2,521 Total assets 364,217 (3,895) 360,322 Future policy benefits for life and accident and health insurance 57,266 (6,748) 50,518 Policyholder contract deposits 158,966 (2,908) 156,058 Market risk benefit liabilities — 4,736 4,736 Other policyholder funds 3,331 (446) 2,885 Other liabilities 8,775 301 9,076 Total liabilities 355,068 (5,065) 350,003 Retained earnings 16,121 2,086 18,207 Accumulated other comprehensive income (15,947) (916) (16,863) Total Corebridge Shareholders' equity 8,210 1,170 9,380 Total equity 9,149 1,170 10,319 Total liabilities, redeemable noncontrolling interest and equity $ 364,217 $ (3,895) $ 360,322 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Condensed Consolidated Statement of Income (Loss) for the three months ended March 31, 2022: Three Month Ended March 31, 2022 As Previously Reported Effect of Change Updated Balances post-adoption of LDTI (in millions, except per common share data) Revenues: Premiums $ 726 $ 9 $ 735 Policy fees 764 (34) 730 Total net realized gains (losses) 3,726 (839) 2,887 Total revenues 8,104 (864) 7,240 Benefits and expenses: Policyholder benefits 1,366 (198) 1,168 Change in the fair value of market risk benefits, net — (233) (233) Interest credited to policyholder account balances 875 3 878 Amortization of deferred acquisition costs and value of business acquired 543 (300) 243 Non-deferrable insurance commissions 161 (17) 144 Total benefits and expenses 3,685 (745) 2,940 Income (loss) before income tax expense (benefit) 4,419 (119) 4,300 Income tax expense (benefit): 883 (24) 859 Net income (loss) 3,536 (95) 3,441 Net income (loss) attributable to Corebridge $ 3,461 $ (95) $ 3,366 Income (loss) per common share attributable to Corebridge common shareholders: Common stock - Basic $ 5.37 $ (0.15) $ 5.22 Common stock - Diluted $ 5.37 $ (0.15) $ 5.22 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Condensed Consolidated Statement of Comprehensive Income (Loss) for the three months ended March 31, 2022: Three Month Ended March 31, 2022 As Previously Reported Effect of Change Updated Balances post-adoption of LDTI (in millions) Net income $ 3,536 $ (95) $ 3,441 Other comprehensive income (loss), net of tax Change in unrealized appreciation (depreciation) of all other investments (10,860) (2,516) (13,376) Change in fair value of market risk benefits attributable to changes in the instrument-specific risk — 782 782 Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts — 2,232 2,232 Other comprehensive income (loss) (10,756) 497 (10,259) Comprehensive income (loss) (7,220) 402 (6,818) Comprehensive income (loss) attributable to Corebridge $ (7,295) $ 402 $ (6,893) The following table presents the impacts in connection with the adoption of LDTI on our previously reported Condensed Consolidated Statement of Cash Flows for the three months ended March 31, 2022: Three Month Ended March 31, 2022 As Previously Reported Effect of Change Updated Balances post-adoption of LDTI (in millions) Cash flows from operating activities: Net income $ 3,536 $ (95) $ 3,441 Adjustments to reconcile net income to net cash provided by operating activities: Noncash revenues, expenses, gains and losses included in income (loss): Unrealized gains in earnings - net (1,169) 1,133 (36) Change in the fair value of market risk benefits in earnings, net — (496) (496) Depreciation and other amortization 469 (312) 157 Changes in operating assets and liabilities: Insurance reserves 67 (279) (212) Reinsurance assets and funds held under reinsurance treaties 97 214 311 Capitalization of deferred policy acquisition costs (244) (17) (261) Current and deferred income taxes - net 365 (24) 341 Other, net 235 (142) 93 Total adjustments (3,521) 77 (3,444) Net cash provided by operating activities $ 15 $ (18) $ (3) Cash flows from financing activities: Policyholder contract deposits $ 6,392 $ 18 $ 6,410 Net cash provided by financing activities $ 1,232 $ 18 $ 1,250 Troubled Debt Restructuring and Vintage Disclosures In March 2022, the FASB issued an accounting standard update that eliminates the accounting guidance for troubled debt restructurings (“TDRs”) for creditors and amends the guidance on “vintage disclosures” to require disclosure of current-period gross write-offs by year of origination. The standard also updates the requirements for accounting for credit losses by adding enhanced disclosures for creditors related to loan refinancings and restructurings for borrowers experiencing financial difficulty. The Company adopted the standard prospectively as of January 1, 2023 and the standard did not have a material impact on our reported consolidated financial condition, results of operations, or cash flows . For the updated required disclosures, see Note 6. FUTURE APPLICATION OF ACCOUNTING STANDARDS Fair Value Measurement On June 30, 2022, the FASB issued an accounting standards update to address diversity in practice by clarifying that a contractual sale restriction should not be considered in the measurement of the fair value of an equity security. It also requires entities with investments in equity securities subject to contractual sale restrictions to disclose certain qualitative and quantitative information about such securities. The guidance is effective for public companies for fiscal years beginning after December 15, 2023 and interim period within those years, with early adoption permitted. For entities other than investment companies, the accounting standards update applies prospectively, with any adjustments resulting from adoption recognized in earnings on the date of adoption. We are assessing the impact of this standard.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Segment Information	3. Segment Information We report our results of operations consistent with the manner in which our chief operating decision makers review the business to assess performance and allocate resources. We report our results of operations as five reportable segments: • Individual Retirement – consists of fixed annuities, fixed index annuities and variable annuities. • Group Retirement – consists of record-keeping, plan administrative and compliance services, financial planning and advisory solutions offered in-plan, along with proprietary and limited non-proprietary annuities, advisory and brokerage products offered out-of-plan. • Life Insurance – primary products in the United States include term life and universal life insurance. The International Life business issues individual and group life insurance in the United Kingdom, and distributes private medical insurance in Ireland. • Institutional Markets – consists of stable value wrap (“SVW”) products, structured settlement and PRT annuities, guaranteed investment contracts (“GICs”) and Corporate Markets products that include corporate- and bank-owned life insurance (“COLI-BOLI”), private placement variable universal life and private placement variable annuity products. • Corporate and Other – consists primarily of: – corporate expenses not attributable to our other segments; – interest expense on financial debt; – results of our consolidated investment entities; – institutional asset management business, which includes managing assets for non-consolidated affiliates; and – results of our legacy insurance lines ceded to Fortitude Re. We evaluate segment performance based on adjusted revenues and adjusted pre-tax operating income (loss) (“APTOI”). Adjusted revenues are derived by excluding certain items from total revenues. APTOI is derived by excluding certain items from income from operations before income tax. These items generally fall into one or more of the following broad categories: legacy matters having no relevance to our current businesses or operating performance; adjustments to enhance transparency to the underlying economics of transactions; and adjustments that we believe to be common to the industry. Legal entities are attributed to each segment based upon the predominance of activity in that legal entity. APTOI excludes the impact of the following items: Fortitude-related adjustments: The modco reinsurance agreements with Fortitude Re transfer the economics of the invested assets supporting the reinsurance agreements to Fortitude Re. Accordingly, the net investment income on Fortitude Re funds withheld assets and the net realized gains (losses) on Fortitude Re funds withheld assets are excluded from APTOI. Similarly, changes in the Fortitude Re funds withheld embedded derivative are also excluded from APTOI. The ongoing results associated with the reinsurance agreement with Fortitude Re have been excluded from APTOI as these are not indicative of our ongoing business operations. Investment-related adjustments: APTOI excludes “Net realized gains (losses)”, including changes in the allowance for credit losses on available-for-sale securities and loans, as well as gains or losses from sales of securities, except for gains (losses) related to the disposition of real estate investments. Net realized gains (losses), except for gains (losses) related to the disposition of real estate investments, are excluded as the timing of sales on invested assets or changes in allowances depend largely on market credit cycles and can vary considerably across periods. In addition, changes in interest rates may create opportunistic scenarios to buy or sell invested assets. Our derivative results, including those used to economically hedge insurance liabilities, and insurance liabilities that are accounted for as embedded derivatives are also included in Net realized gains (losses) and are similarly excluded from APTOI except earned income (periodic settlements and changes in settlement accruals) on derivative instruments used for non-qualifying (economic) hedges or for asset replication. Earned income on such economic hedges is reclassified from Net realized gains and losses to specific APTOI line items based on the economic risk being hedged (e.g., Net investment income and Interest credited to policyholder account balances). Market Risk Benefits adjustments: Certain of our variable annuity, fixed annuity and fixed index annuity contracts contain guaranteed minimum withdrawal benefits (“GMWBs”) and/or guaranteed minimum death benefits (“GMDBs”) which are accounted for as MRBs. Changes in the fair value of these MRBs (excluding changes related to instrument-specific credit risk), including certain rider fees attributed to the MRBs, along with changes in the fair value of derivatives used to hedge MRBs are recorded through “Change in the fair value of MRBs, net” and are excluded from APTOI. Changes in the fair value of securities used to economically hedge MRBs are excluded from APTOI. Other adjustments: Other adjustments represent all other adjustments that are excluded from APTOI and includes the net pre-tax operating income (losses) from noncontrolling interests related to consolidated investment entities. The excluded adjustments include, as applicable: • restructuring and other costs related to initiatives designed to reduce operating expenses, improve efficiency and simplify our organization; • non-recurring costs associated with the implementation of non-ordinary course legal or regulatory changes or changes to accounting principles; • separation costs; • non-operating litigation reserves and settlements; • loss (gain) on extinguishment of debt, if any; • losses from the impairment of goodwill, if any; and • income and loss from divested or run-off business, if any. The following table presents Corebridge’s operations by segment: (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Three Months Ended March 31, 2023 Premiums $ 78 $ 6 $ 425 $ 1,575 $ 20 $ — $ 2,104 $ 1 $ 2,105 Policy fees 174 100 375 49 — — 698 — 698 Net investment income (a) 1,128 500 317 332 68 (10) 2,335 360 2,695 Net realized gains (losses) (a)(b) — — — — 4 — 4 (1,462) (1,458) Advisory fee and other income 103 76 29 — 14 — 222 — 222 Total adjusted revenues 1,483 682 1,146 1,956 106 (10) 5,363 (1,101) 4,262 Policyholder benefits 65 9 708 1,718 — — 2,500 (5) 2,495 Change in the fair value of market risk benefits, net — — — — — — — 196 196 Interest credited to policyholder account balances 519 291 82 123 — — 1,015 11 1,026 Amortization of deferred policy acquisition costs 137 21 96 2 — — 256 — 256 Non-deferrable insurance commissions 86 28 17 5 — — 136 — 136 Advisory fee expenses 34 29 2 — — — 65 — 65 General operating expenses 108 118 159 23 91 — 499 83 582 Interest expense — — — — 172 (10) 162 10 172 Net (gain) loss on divestitures — — — — — — — 3 3 Total benefits and expenses 949 496 1,064 1,871 263 (10) 4,633 298 4,931 Noncontrolling interests — — — — (6) — (6) Adjusted pre-tax operating income (loss) $ 534 $ 186 $ 82 $ 85 $ (163) $ — $ 724 Adjustments to: Total revenue (1,101) Total expenses 298 Noncontrolling interests 6 Income before income tax expense (benefit) $ (669) $ (669) Three Months Ended March 31, 2022 Premiums $ 56 $ 8 $ 425 $ 238 $ 21 $ — $ 748 $ (13) $ 735 Policy fees 185 114 384 47 — — 730 — 730 Net investment income (a) 983 527 356 264 186 (5) 2,311 270 2,581 Net realized gains (losses) (a)(b) — — — — 11 — 11 2,876 2,887 Advisory fee and other income 123 85 36 1 38 5 288 19 307 Total adjusted revenues 1,347 734 1,201 550 256 — 4,088 3,152 7,240 Policyholder benefits 66 10 744 350 — — 1,170 (2) 1,168 Change in the fair value of market risk benefits, net — — — — — — — (233) (233) Interest credited to policyholder account balances 454 284 85 59 — — 882 (4) 878 Amortization of deferred policy acquisition costs 119 19 104 1 — — 243 — 243 Non-deferrable insurance commissions 92 28 18 6 — — 144 — 144 Advisory fee expenses 37 34 — — — — 71 — 71 General operating expenses 111 117 166 19 104 7 524 62 586 Interest expense — — — — 77 (7) 70 11 81 Net (gain) loss on divestitures — — — — — — — 2 2 Total benefits and expenses 879 492 1,117 435 181 — 3,104 (164) 2,940 Noncontrolling interests — — — — (75) — (75) Adjusted pre-tax operating income (loss) $ 468 $ 242 $ 84 $ 115 $ — $ — $ 909 Adjustments to: Total revenue 3,152 Total expenses (164) Noncontrolling interests 75 Income before income tax expense (benefit) $ 4,300 $ 4,300 (a) Adjustments include Fortitude Re activity of $(611) million and $3.0 billion for the three months ended March 31, 2023 and 2022, respectively. (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	4. Fair Value MeasurementsFAIR VALUE MEASUREMENTS ON A RECURRING BASIS Assets and liabilities recorded at fair value in the Condensed Consolidated Balance Sheets are measured and classified in accordance with a fair value hierarchy consisting of three “levels” based on the observability of valuation inputs: • Level 1: Fair value measurements based on quoted prices (unadjusted) in active markets that we have the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. We do not adjust the quoted price for such instruments. • Level 2: Fair value measurements based on inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. • Level 3: Fair value measurements based on valuation techniques that use significant inputs that are unobservable. Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3. The circumstances for using these measurements include those in which there is little, if any, market activity for the asset or liability. Therefore, we must make certain assumptions about the inputs a hypothetical market participant would use to value that asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The following is a description of the valuation methodologies used for instruments carried at fair value. These methodologies are applied to assets and liabilities across the levels discussed above, and it is the observability of the inputs used that determines the appropriate level in the fair value hierarchy for the respective asset or liability . VALUATION METHODOLOGIES OF FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE Market Risk Benefits and Embedded Derivatives within Policyholder Contract Deposits Certain variable annuity, fixed annuity and fixed index annuity contracts contain MRBs related to guaranteed benefit features that we separate from the host contracts and account for at fair value, with certain changes recognized in earnings. MRBs are contracts or contract features that provide protection to policyholders from other-than-nominal capital market risks and expose the insurance entity to other-than-nominal capital market risks. The fair value of MRBs contained in certain variable annuity, fixed annuity and fixed index annuity contracts is measured based on policyholder behavior and capital market assumptions related to projected cash flows over the expected lives of the contracts. These discounted cash flow projections primarily include benefits and related fees assessed, when applicable. In some instances, the projected cash flows from fees may exceed projected cash flows related to benefit payments and therefore, at a point in time, the carrying value of the MRBs may be in a net asset position. The projected cash flows incorporate best estimate assumptions for policyholder behavior (including mortality, lapses, withdrawals and benefit utilization), along with an explicit risk margin to reflect a market participant’s estimates of projected cash flows and policyholder behavior. Estimates of future policyholder behavior assumptions are subjective and are based primarily on our historical experience. Because of the dynamic and complex nature of the projected cash flows with respect to MRBs in our variable annuity, fixed annuity, and fixed index annuity contracts, risk neutral valuations are used, which are calibrated to observable interest rate and equity option prices. Estimating the underlying cash flows for these products involves judgments regarding the capital market assumptions related to expected market rates of return, market volatility, credit spreads, correlations of certain market variables, fund performance and discount rates. Additionally, estimating the underlying cash flows for these products also involves judgments regarding policyholder behavior. The portion of fees attributable to the fair value of expected benefit payments is included within the fair value measurement of these MRBs, and related fees are classified in change in the fair value of MRBs, net, as earned, consistent with other changes in the fair value of these MRBs. Any portion of the fees not attributed to the MRBs is excluded from the fair value measurement and classified in policy fees as earned. Option pricing models are used to estimate the fair value of embedded derivatives in our fixed index annuity and life contracts, taking into account the capital market assumptions for future index growth rates, volatility of the equity indices, future interest rates, and our ability to adjust the participation rate and the cap on fixed index credited rates in light of market conditions and policyholder behavior assumptions. Projected cash flows are discounted using the interest rate swap curve (“swap curve”), which is viewed as being consistent with the credit spreads for highly-rated financial institutions (S&P AA-rated or above). A swap curve shows the fixed-rate leg of a non-complex swap against the floating rate (for example, SOFR or LIBOR) leg of a related tenor. We also incorporate our own risk of non-performance in the valuation of MRBs and embedded derivatives associated with variable annuity, fixed annuity, fixed index annuity and life contracts. The non-performance risk adjustment (“NPA”) reflects a market participant’s view of our claims-paying ability by incorporating an additional spread to the swap curve used to discount projected benefit cash flows. The non-performance risk adjustment is calculated by constructing forward rates based on a weighted average of observable corporate credit indices to approximate the claims-paying ability rating of our insurance companies. MRBs are measured using a non-performance risk adjustment that is a locked-in approximation of our claims-paying ability at policy issue (“locked-in NPA”) as well as a non-performance risk adjustment that reflects an approximation of our current claims-paying ability (“current NPA”). When MRBs are remeasured each period, both the interest rates and current non-performance risk adjustment are updated. Changes in the swap curve and the time value accretion of the at-issue non-performance risk adjustment are recorded to net income while the difference between the MRBs measured using the at-issue non-performance risk adjustment and the current non-performance risk adjustment is recorded through OCI. For embedded derivatives, changes in the interest rates and the period-over-period change in the non-performance risk adjustment are recorded to net income. ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the observability of the inputs used: March 31, 2023 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available for sale: Bonds available for sale: U.S. government and government sponsored entities $ — $ 1,259 $ — $ — $ — $ 1,259 Obligations of states, municipalities and political subdivisions — 5,303 858 — — 6,161 Non-U.S. governments — 4,318 — — — 4,318 Corporate debt — 102,389 1,704 — — 104,093 RMBS (b) — 6,791 5,687 — — 12,478 CMBS — 9,421 718 — — 10,139 CLO (c) — 7,239 1,834 — — 9,073 ABS — 833 10,707 — — 11,540 Total bonds available for sale — 137,553 21,508 — — 159,061 Other bond securities: U.S. government and government sponsored entities — 1 — — — 1 Obligations of states, municipalities and political subdivisions — 63 1 — — 64 Non-U.S. governments — 30 — — — 30 Corporate debt — 2,231 130 — — 2,361 RMBS (d) — 61 114 — — 175 CMBS — 230 27 — — 257 CLO (e) — 293 71 — — 364 ABS — 70 781 — — 851 Total other bond securities — 2,979 1,124 — — 4,103 Equity securities 140 1 50 — — 191 Other invested assets (f) — — 1,852 — — 1,852 Derivative assets: Interest rate contracts — 1,105 344 — — 1,449 Foreign exchange contracts — 1,230 — — — 1,230 Equity contracts 26 137 513 — — 676 Credit contracts — — — — — — Other contracts — — 14 — — 14 Counterparty netting and cash collateral — — — (2,303) (376) (2,679) Total derivative assets 26 2,472 871 (2,303) (376) 690 Short-term investments 1 1,539 — — — 1,540 Market risk benefit assets — — 830 — — 830 Separate account assets 84,202 3,155 — — — 87,357 Total $ 84,369 $ 147,699 $ 26,235 $ (2,303) $ (376) $ 255,624 Liabilities: Policyholder contract deposits (g) $ — $ 116 $ 6,064 $ — $ — $ 6,180 Derivative liabilities: Interest rate contracts — 2,087 — — — 2,087 Foreign exchange contracts — 356 — — — 356 Equity contracts 36 9 16 — — 61 Credit contracts — — — — — — Other contracts — — — — — — Counterparty netting and cash collateral — — — (2,303) (42) (2,345) Total derivative liabilities 36 2,452 16 (2,303) (42) 159 Fortitude Re funds withheld payable (h) — — 1,774 — — 1,774 Market risk benefit liabilities — — 5,144 — — 5,144 Debt of consolidated investment entities — — 6 — — 6 Total $ 36 $ 2,568 $ 13,004 $ (2,303) $ (42) $ 13,263 December 31, 2022 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available for sale: U.S. government and government sponsored entities $ — $ 1,198 $ — $ — $ — $ 1,198 Obligations of states, municipalities and political subdivisions — 5,121 805 — — 5,926 Non-U.S. governments — 4,392 — — — 4,392 Corporate debt — 102,724 1,968 — — 104,692 RMBS (b) — 6,274 5,670 — — 11,944 CMBS — 9,350 718 — — 10,068 CLO (c) — 6,516 1,670 — — 8,186 ABS — 792 9,595 — — 10,387 Total bonds available for sale — 136,367 20,426 — — 156,793 Other bond securities: Obligations of states, municipalities and political subdivisions — 37 — — — 37 Non-U.S. governments — 22 — — — 22 Corporate debt — 1,805 417 — — 2,222 RMBS (d) — 58 107 — — 165 CMBS — 204 28 — — 232 CLO (e) — 268 11 — — 279 ABS — 71 741 — — 812 Total other bond securities — 2,465 1,304 — — 3,769 Equity securities 141 3 26 — — 170 Other invested assets (f) — — 1,832 — — 1,832 Derivative assets: Interest rate contracts 1 1,269 303 — — 1,573 Foreign exchange contracts — 1,247 — — — 1,247 Equity contracts 11 124 282 — — 417 Credit contracts — — — — — — Other contracts — 1 14 — — 15 Counterparty netting and cash collateral — — — (2,547) (406) (2,953) Total derivative assets 12 2,641 599 (2,547) (406) 299 Short-term investments 1 1,356 — — — 1,357 Market risk benefit assets — — 796 — — 796 Separate account assets 81,655 3,198 — — — 84,853 Total $ 81,809 $ 146,030 $ 24,983 $ (2,547) $ (406) $ 249,869 Liabilities: Policyholder contract deposits (g) $ — $ 97 $ 5,367 $ — $ — $ 5,464 Derivative liabilities: Interest rate contracts — 2,676 — — — 2,676 Foreign exchange contracts — 632 — — — 632 Equity contracts 2 10 15 — — 27 Credit contracts — — — — — — Other contracts — — — — — — Counterparty netting and cash collateral — — — (2,547) (691) (3,238) Total derivative liabilities 2 3,318 15 (2,547) (691) 97 Fortitude Re funds withheld payable (h) — — 1,262 — — 1,262 Market risk benefit liabilities — — 4,736 — — 4,736 Debt of consolidated investment entities — — 6 — — 6 Total $ 2 $ 3,415 $ 11,386 $ (2,547) $ (691) $ 11,565 (a) Represents netting of derivative exposures covered by qualifying master netting agreements. (b) Includes investments in RMBS issued by related parties of $38 million and $2 million classified as Level 2 and Level 3, respectively, as of March 31, 2023. Additionally, includes investments in RMBS issued by related parties of $37 million and $2 million classified as Level 2 and Level 3, respectively, as of December 31, 2022. (c) Includes investments in collateralized loan obligations (“CLOs”) issued by related parties of $238 million and $0 million as of March 31, 2023 and December 31, 2022, respectively. Of these amounts, $176 million of CLOs are classified as Level 3 as of March 31, 2023. (d) Includes less than $1 million of investments in RMBS issued by related parties classified as Level 2 as of March 31, 2023 and December 31, 2022. (e) Includes investments in CLOs issued by related parties of $28 million and $0 million as of March 31, 2023 and December 31, 2022, respectively. The $17 million of CLOs are classified as Level 3 as of March 31, 2023. (f) Excludes investments that are measured at fair value using the net asset value (“NAV”) per share (or its equivalent), which totaled $6.1 billion and $6.0 billion as of March 31, 2023 and December 31, 2022, respectively. (g) Excludes basis adjustments for fair value hedges. (h) As discussed in Note 7 , the Fortitude Re funds withheld payable is created through modco and funds withheld reinsurance arrangements where the investments supporting the reinsurance agreements are withheld by and continue to reside on Corebridge’s balance sheet. This embedded derivative is valued as a total return swap with reference to the fair value of the invested assets held by Corebridge, which are primarily available-for-sale securities. The following tables present changes during the three months ended March 31, 2023 and 2022 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets at March 31, 2023 and 2022: . (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Three Months Ended March 31, 2023 Assets: Bonds available for sale: Obligations of states, $ 805 $ — $ 55 $ (2) $ — $ — $ — $ 858 $ — $ 43 Corporate debt 1,968 (102) 44 14 167 (371) (16) 1,704 — 51 RMBS 5,670 81 (40) (8) — (16) — 5,687 — (66) CMBS 718 7 (4) — 24 (27) — 718 — (25) CLO 1,670 9 (18) 21 54 (92) 190 1,834 — (16) ABS 9,595 42 269 804 — (3) — 10,707 — 254 Total bonds available for sale 20,426 37 306 829 245 (509) 174 21,508 — 241 Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 — — (96) — (191) — 130 3 — RMBS 107 4 — 3 — — — 114 2 — CMBS 28 (1) — — — — — 27 (1) — CLO 11 9 — 1 1 (5) 54 71 4 — ABS 741 26 — 14 — — — 781 19 — Total other bond securities 1,304 38 — (77) 1 (196) 54 1,124 27 — Equity securities 26 — — 24 — — — 50 — — Other invested assets 1,832 (44) 5 59 — — — 1,852 (42) — Total (a) $ 23,588 $ 31 $ 311 $ 835 $ 246 $ (705) $ 228 $ 24,534 $ (15) $ 241 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,367 $ 381 $ — $ 316 $ — $ — $ — $ 6,064 $ (368) $ — Derivative liabilities, net: Interest rate contracts (303) 78 — (119) — — — (344) (71) — Foreign exchange contracts — — — — — — — — — — Equity contracts (156) (176) — (165) — — — (497) 178 — Credit contracts — — — — — — — — — — Other contracts (14) (16) — 16 — — — (14) 16 — Total derivative liabilities, net (b) (473) (114) — (268) — — — (855) 123 — Fortitude Re funds withheld payable 1,262 1,025 — (513) — — — 1,774 (633) — Debt of consolidated investment entities 6 — — — — — — 6 — — Total (c) $ 6,162 $ 1,292 $ — $ (465) $ — $ — $ — $ 6,989 $ (878) $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Three Months Ended March 31, 2022 Assets: Bonds available for sale: Obligations of states, $ 1,395 $ 2 $ (282) $ (56) $ — $ — $ — $ 1,059 $ — $ (270) Corporate debt 1,907 (9) (59) 218 91 (93) — 2,055 — (56) RMBS 7,595 92 (404) (365) — (406) — 6,512 — (400) CMBS 1,072 7 (60) 10 — (281) — 748 — (58) CLO 3,038 (2) (52) 11 825 (432) — 3,388 — (53) ABS 7,400 16 (446) 671 — — — 7,641 — (444) Total bonds available for sale 22,407 106 (1,303) 489 916 (1,212) — 21,403 — (1,281) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — — — — — — — Corporate debt 134 — — 77 61 (12) — 260 — — RMBS 106 (3) — 12 — — — 115 (6) — CMBS 33 (2) — — — — — 31 (2) — CLO 149 (7) — — 50 (2) — 190 (2) — ABS 205 (17) — 289 — — — 477 (18) — Total other bond securities 627 (29) — 378 111 (14) — 1,073 (28) — Equity securities 2 — — 1 — — — 3 — — Other invested assets 1,892 110 (5) (28) 24 (153) — 1,840 118 — Total (a) $ 24,928 $ 187 $ (1,308) $ 840 $ 1,051 $ (1,379) $ — $ 24,319 $ 90 $ (1,281) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,572 $ (658) $ — $ 121 $ — $ — $ — $ 5,035 $ 845 $ — Derivative liabilities, net: Interest rate contracts — (1) — (2) — — — (3) 1 — Foreign exchange contracts — — — — — — — — — — Equity contracts (457) 315 — (26) — — — (168) (238) — Credit contracts (1) 1 — — — — — — (1) — Other contracts (12) (17) — 14 — — — (15) 17 — Total derivative liabilities, net (b) (470) 298 — (14) — — — (186) (221) — Fortitude Re funds withheld payable 7,974 (2,837) — (341) — — — 4,796 3,016 — Debt of consolidated investment entities 5 1 — (1) — — — 5 (1) — Total (c) $ 13,081 $ (3,196) $ — $ (235) $ — $ — $ — $ 9,650 $ 3,639 $ — (a) Excludes MRB assets of $830 million and $666 million for the three months ended March 31, 2023 and 2022, respectively. Refer to Note 12 for additional information. (b) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. Condensed Consolidated Statements of Income (Loss) as follows: (in millions) Policy Net Investment Income Net Realized and Unrealized Gains Interest Expense Change in the Fair Value of Market Risk Benefits, net (a) Total Three Months Ended March 31, 2023 Assets: Bonds available for sale $ — $ 32 $ 5 $ — $ — $ 37 Other bond securities $ — $ 38 $ — $ — $ — $ 38 Equity securities $ — $ — $ — $ — $ — $ — Other invested assets $ — $ (43) $ (1) $ — $ — $ (44) Three Months Ended March 31, 2022 Assets: Bonds available for sale $ — $ 117 $ (11) $ — $ — $ 106 Other bond securities $ — $ (29) $ — $ — $ — $ (29) Equity securities $ — $ — $ — $ — $ — $ — Other invested assets $ — $ 110 $ — $ — $ — $ 110 (in millions) Policy Net Investment Income Net Realized and Unrealized Gains Interest Expense Change in the Fair Value of Market Risk Benefits, net (a) Total Three Months Ended March 31, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ (381) $ — $ — $ (381) Derivative liabilities, net $ 16 $ — $ 197 $ — $ (99) $ 114 Fortitude Re funds withheld payable $ — $ — $ (1,025) $ — $ — $ (1,025) Market risk benefit liabilities, net (c) $ — $ — $ — $ — $ (87) $ (87) Debt of consolidated investment entities $ — $ — $ — $ — $ — $ — Three Months Ended March 31, 2022 Liabilities: Policyholder contract deposits (b) $ — $ — $ 658 $ — $ — $ 658 Derivative liabilities, net $ 15 $ — $ (344) $ — $ 31 $ (298) Fortitude Re funds withheld payable $ — $ — $ 2,837 $ — $ — $ 2,837 Market risk benefit liabilities, net (c) $ — $ — $ 3 $ — $ 699 $ 702 Debt of consolidated investment entities $ — $ — $ — $ 1 $ — $ 1 (in millions) Purchases Sales Issuances and Settlements (*) Purchases, Sales, Issuances and Settlements, Net (*) Three Months Ended March 31, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ — $ (2) $ (2) Corporate debt 28 — (14) 14 RMBS 167 — (175) (8) CMBS 9 (6) (3) — CLO 10 — 11 21 ABS 858 — (54) 804 Total bonds available for sale 1,072 (6) (237) 829 Other bond securities: Obligations of states, municipalities and political subdivisions 1 — — 1 Corporate debt — — (96) (96) RMBS 6 — (3) 3 CMBS — — — — CLO 1 — — 1 ABS 32 — (18) 14 Total other bond securities 40 — (117) (77) Equity securities 24 — — 24 Other invested assets 70 — (11) 59 Total assets $ 1,206 $ (6) $ (365) $ 835 Liabilities: Policyholder contract deposits $ — $ 326 $ (10) $ 316 Derivative liabilities, net (101) — (167) (268) Fortitude Re funds withheld payable — — (513) (513) Debt of consolidated investment entities — — — — Total liabilities $ (101) $ 326 $ (690) $ (465) (in millions) Purchases Sales Issuances and Settlements* Purchases, Sales, Three Months Ended March 31, 2022 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (55) $ (1) $ (56) Corporate debt — — 218 218 RMBS 108 — (473) (365) CMBS 42 — (32) 10 CLO 53 — (42) 11 ABS 824 — (153) 671 Total bonds available for sale 1,027 (55) (483) 489 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 19 — 58 77 RMBS 17 — (5) 12 CMBS — — — — CLO 9 — (9) — ABS 291 — (2) 289 Total other bond securities 336 — 42 378 Equity securities — — 1 1 Other invested assets 239 — (267) (28) Total assets $ 1,602 $ (55) $ (707) $ 840 Liabilities: Policyholder contract deposits $ — $ 195 $ (74) $ 121 Derivative liabilities, net (73) — 59 (14) Fortitude Re funds withheld payable — — (341) (341) Debt of consolidated investment entities — — (1) (1) Total liabilities $ (73) $ 195 $ (357) $ (235) * There were no issuances during the three months ended March 31, 2023 and 2022. We record transfers of assets and liabilities into or out of Level 3 at their fair values as of the end of each reporting period, consistent with the date of the determination of fair value. The net realized and unrealized gains (losses) included in net income (loss) or OCI as shown in the table above excludes $7 million and $(25) million of net gains (losses) related to assets transferred into Level 3 during the three months ended March 31, 2023 and 2022, respectively, and includes $11 million and $(39) million of net gains (losses) related to assets transferred out of Level 3 during the three months ended March 31, 2023 and 2022, respectively. Transfers of Level 3 Assets During the three months ended March 31, 2023 and 2022, transfers into Level 3 assets primarily included certain investments in private placement corporate debt, commercial mortgage backed securities (“CMBS”), CLO and asset-backed securities (“ABS”). Transfers of private placement corporate debt and certain ABS into Level 3 assets were primarily the result of limited market pricing information that required us to determine fair value for these securities based on inputs that are adjusted to better reflect our own assumptions regarding the characteristics of a specific security or associated market liquidity. The transfers of investments in CMBS, CLO and certain ABS into Level 3 assets were due to diminished market transparency and liquidity for individual security types. During the three months ended March 31, 2023 and 2022, transfers out of Level 3 assets primarily included private placement and other corporate debt, CMBS, RMBS, CLO, ABS and certain investments in municipal securities. Transfers of certain investments in municipal securities, corporate debt, RMBS, CMBS and CLO and ABS out of Level 3 assets were based on consideration of market liquidity as well as related transparency of pricing and associated observable inputs for these investments. Transfers of certain investments in private placement corporate debt and certain ABS out of Level 3 assets were primarily the result of using observable pricing information that reflects the fair value of those securities without the need for adjustment based on our own assumptions regarding the characteristics of a specific security or the current liquidity in the market. Transfers of Level 3 Liabilities There were no significant transfers of derivative or other liabilities into or out of Level 3 for the three months ended March 31, 2023. During the three months ended March 31, 2022, transfers of Level 3 liabilities primarily included certain equity derivatives. QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASUREMENTS The table below presents information about the significant unobservable inputs used for recurring fair value measurements for certain Level 3 instruments, and includes only those instruments for which information about the inputs is reasonably available to us, such as data from independent third-party valuation service providers and from internal valuation models. Because input information from third parties with respect to certain Level 3 instruments (primarily CLO/ABS) may not be reasonably available to us, balances shown below may not equal total amounts reported for such Level 3 assets and liabilities: (in millions) Fair Value at March 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 833 Discounted cash flow Yield 4.91%-5.55% (5.23%) Corporate debt $ 1,655 Discounted cash flow Yield 4.77% - 9.70% (7.24%) RMBS (c) $ 3,590 Discounted cash flow Prepayment Speed 4.73% - 10.10% (7.41%) Default Rate 0.86% - 2.72% (1.79%) Yield 6.19% - 7.87% (7.03%) Loss Severity 44.50% - 78.53% (61.51%) CLO (c) $ 1,518 Discounted cash flow Yield 6.75% - 8.44% (7.59%) ABS (c) $ 8,332 Discounted cash flow Yield 5.60% - 7.41% (6.50%) CMBS $ 570 Discounted cash flow Yield 4.28% - 25.46% (11.78%) Market risk benefit assets $ 830 Discounted cash flow Equity volatility 6.55%- 51.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (h) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.34% - 2.45% Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 2,381 Discounted cash flow Equity volatility 6.55%- 51.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% -160.01% Utilization (h) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.34% - 2.45% Fixed annuities guaranteed benefits $ 806 Discounted cash flow Base lapse rate 0.20% - 15.75% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 40.26% - 168.43% Utilization (h) 90.00% - 97.50% NPA (g) 0.34% - 2.45% (in millions) Fair Value at March 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Fixed index annuities guaranteed benefits $ 1,957 Discounted cash flow Equity volatility 6.55% - 51.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 180.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.34% - 2.45% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities $ 5,269 Discounted cash flow Equity volatility 6.55% - 51.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 180.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.34% - 2.45% Index Life $ 795 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality multiplier (e)(f) 0.00%- 100.00% Equity Volatility 5.75% - 21.40% NPA (g) 0.34% - 2.45% (in millions) Fair Value at December 31, 2022 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 780 Discounted cash flow Yield 5.33% - 5.92% (5.63%) Corporate debt $ 1,988 Discounted cash flow Yield 4.90% - 9.54% (7.22%) RMBS (c) $ 3,725 Discounted cash flow Constant prepayment rate 4.84% - 10.35% (7.60%) Loss severity 45.01% - 77.28% (61.14%) Constant default rate 0.79% - 2.67% (1.73%) Yield 5.95% - 7.72% (6.84%) CLO (c) $ 1,547 Discounted cash flow Yield 7.13% - 7.59% (7.36%) ABS (c) $ 6,591 Discounted cash flow Yield 6.01% - 7.96% (6.98%) CMBS $ 663 Discounted cash flow Yield 4.72% - 10.21% (7.46%) Market risk benefit assets $ 796 Discounted cash flow Equity volatility 6.45% - 50.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (h) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.00% - 2.03% (in millions) Fair Value at December 31, 2022 Valuation Unobservable Input (a) Range (Weighted Average) (b) Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 2,358 Discounted cash flow Equity volatility 6.45%- 50.75% Base lapse rate 0.16%- 28.80% Dynamic lapse multiplier (e) 20.00%- 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (h) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.00% - 2.03% Fixed annuities guaranteed benefits $ 680 Discounted cash flow Base lapse rate 0.20% - 15.75% Dynamic lapse multiplier (e) 20.00% - 186.16% Mortality multiplier (e)(f) 40.26% - 168.43% Utilization (h) 90.00% - 97.50% NPA (g) 0.00% - 2.03% Fixed index annuities guaranteed benefits $ 1,698 Discounted cash flow Equity volatility 6.45% - 50.75% Base lapse rate 0.20% -50.00% Dynamic lapse multiplier (e) 20.00%- 186.18% Mortality multiplier (e)(f) 24.00% - 180.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 5.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.00% - 2.03% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities $ 4,657 Discounted cash flow Equity volatility 6.45% - 50.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 180.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 5.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.00% - 2.03% Index Life $ 710 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality multiplier (e)(f) 0.00% - 100.00% Equity volatility 5.75% - 23.63% NPA (g) 0.00% - 2.03% (a) Represents discount rates, estimates and assumptions that we believe would be used by market participants when valuing these assets and liabilities. (b) The weighted averaging for fixed maturity securities is based on the estimated fair value of the securities. Because the valuation methodology for embedded derivatives within policyholder contract deposits and MRBs uses a range of inputs that vary at the contract level over the cash flow projection period, management believes that presenting a range, rather than weighted average, is a more meaningful representation of the unobservable inputs used in the valuation. Information received from third-party valuation service providers. (c) Information received from third-party valuation service providers. The ranges of the unobservable inputs for constant prepayment rate, loss severity and constant default rate relate to each of the individual underlying mortgage loans that comprise the entire portfolio of securities in the RMBS and CLO securitization vehicles and not necessarily to the securitization vehicle bonds (tranches) purchased by us. The ranges of these inputs do not directly correlate to changes in the fair values of the tranches purchased by us because there are other factors relevant to the fair values of specific tranches owned by us, including, but not limited to, purchase price, position in the waterfall, senior versus subordinated position and attachment points. (d) The Fortitude Re funds withheld payable has been excluded from the above table. As discussed in Note 7 , the Fortitude Re funds withheld payable is created through modco and funds withheld reinsurance arrangements where the investments supporting the reinsurance agreements are withheld by and continue to reside on Corebridge’s balance sheet. This embedded derivative is valued as a total return swap with reference to the fair value of the invested assets held by Corebridge. Accordingly, the unobservable inputs utilized in the valuation of the embedded derivative are a component of the invested assets supporting the reinsurance agreements that are held on Corebridge’s balance sheet. (e) The ranges for these inputs vary due to the different GMWB product specification and policyholder characteristics across in-force policies. Policyholder characteristics that affect these ranges include age, policy duration, and gender. (f) Mortality inputs are shown as multipliers of the 2012 Individual Annuity Mort

Investments

Investments	3 Months Ended
	Mar. 31, 2023
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Investments	5. Investments SECURITIES AVAILABLE FOR SALE The following table presents the amortized cost or cost and fair value of our available-for-sale securities: (in millions) Amortized Cost or Costs (a) Allowance for Credit Losses (b) Gross Gross Fair Value (a) March 31, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 1,409 $ — $ 25 $ (175) $ 1,259 Obligations of states, municipalities and political subdivisions 6,761 — 77 (677) 6,161 Non-U.S. governments 5,065 (5) 32 (774) 4,318 Corporate debt 120,224 (64) 977 (17,044) 104,093 Mortgage-backed, asset-backed and collateralized: RMBS 12,737 (26) 556 (789) 12,478 CMBS 11,245 (1) 8 (1,113) 10,139 CLO 9,409 — 27 (363) 9,073 ABS 12,621 — 27 (1,108) 11,540 Total mortgage-backed, asset-backed and collateralized 46,012 (27) 618 (3,373) 43,230 Total bonds available for sale $ 179,471 $ (96) $ 1,729 $ (22,043) $ 159,061 December 31, 2022 Bonds available for sale: U.S. government and government sponsored entities $ 1,405 $ — $ 17 $ (224) $ 1,198 Obligations of states, municipalities and political subdivisions 6,808 — 42 (924) 5,926 Non-U.S. governments 5,251 (5) 25 (879) 4,392 Corporate debt 124,068 (116) 729 (19,989) 104,692 Mortgage-backed, asset-backed and collateralized: RMBS 12,267 (27) 574 (870) 11,944 CMBS 11,176 — 7 (1,115) 10,068 CLO 8,547 — 15 (376) 8,186 ABS 11,752 — 15 (1,380) 10,387 Total mortgage-backed, asset-backed and collateralized 43,742 (27) 611 (3,741) 40,585 Total bonds available for sale $ 181,274 $ (148) $ 1,424 $ (25,757) $ 156,793 (a) The table above includes available-for-sale securities issued by related parties. This includes RMBS which had a fair value of $40 million and $39 million, and an amortized cost of $43 million and $43 million as of March 31, 2023 and December 31, 2022, respectively. Additionally, this includes CLOs which had a fair value of $238 million and an amortized cost of $249 million as of March 31, 2023. There were no available-for-sale CLO securities issued by related parties as of December 31, 2022. (b) Changes in the allowance for credit losses are recorded through Net realized gains (losses) and are not recognized in OCI. Securities Available for Sale in a Loss Position for Which No Allowance for Credit Loss Has Been Recorded The following table summarizes the fair value and gross unrealized losses on our available-for-sale securities, aggregated by major investment category and length of time that individual securities have been in a continuous unrealized loss position for which no allowance for credit loss has been recorded: Less Than 12 Months 12 Months or More Total (in millions) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses March 31, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 809 $ 175 $ 1 $ — $ 810 $ 175 Obligations of states, municipalities and political subdivisions 4,762 675 22 2 4,784 677 Non-U.S. governments 3,762 769 7 — 3,769 769 Corporate debt 66,755 12,539 22,643 4,484 89,398 17,023 RMBS 4,745 374 2,523 348 7,268 722 CMBS 6,649 643 3,017 467 9,666 1,110 CLO 4,486 156 3,555 207 8,041 363 ABS 5,018 423 4,794 685 9,812 1,108 Total bonds available for sale $ 96,986 $ 15,754 $ 36,562 $ 6,193 $ 133,548 $ 21,947 December 31, 2022 Bonds available for sale: U.S. government and government sponsored entities $ 761 $ 224 $ — $ — $ 761 $ 224 Obligations of states, municipalities and political subdivisions 5,076 924 — — 5,076 924 Non-U.S. governments 3,932 868 — — 3,932 868 Corporate debt 82,971 16,866 11,143 3,070 94,114 19,936 RMBS 6,227 653 903 171 7,130 824 CMBS 7,902 797 1,708 318 9,610 1,115 CLO 5,573 234 2,007 142 7,580 376 ABS 6,998 854 2,271 526 9,269 1,380 Total bonds available for sale $ 119,440 $ 21,420 $ 18,032 $ 4,227 $ 137,472 $ 25,647 At March 31, 2023, we held 16,145 individual fixed maturity securities that were in an unrealized loss position and for which no allowance for credit losses has been recorded (including 4,087 individual fixed maturity securities that were in a continuous unrealized loss position for 12 months or more). At December 31, 2022, we held 16,516 individual fixed maturity securities that were in an unrealized loss position (including 1,923 individual fixed maturity securities were in a continuous unrealized loss position for 12 months or more). We did not recognize the unrealized losses in earnings on these fixed maturity securities at March 31, 2023 because it was determined that such losses were due to non-credit factors. Additionally, we neither intend to sell the securities nor do we believe that it is more likely than not that we will be required to sell these securities before recovery of their amortized cost basis. For fixed maturity securities with significant declines, we performed fundamental credit analyses on a security-by-security basis, which included consideration of credit enhancements, liquidity position, expected defaults, industry and sector analysis, forecasts and available market data. Contractual Maturities of Fixed Maturity Securities Available for Sale The following table presents the amortized cost and fair value of fixed maturity securities available for sale by contractual maturity: Total Fixed Maturity Securities (in millions) Amortized Cost, Fair Value March 31, 2023 Due in one year or less $ 1,994 $ 1,989 Due after one year through five years 21,059 20,376 Due after five years through ten years 26,335 23,999 Due after ten years 84,002 69,467 Mortgage-backed, asset-backed and collateralized 45,985 43,230 Total $ 179,375 $ 159,061 Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay certain obligations with or without call or prepayment penalties. The following table presents the gross realized gains and gross realized losses from sales or maturities of our available-for-sale securities: Three Months Ended March 31, 2023 2022 (in millions) Gross Gross Gross Gross Fixed maturity securities $ 46 $ (139) $ 64 $ (163) For the three months ended March 31, 2023 and 2022, the aggregate fair value of available for sale securities sold was $ 2.7 billion and $2.1 billion, respectively, which resulted in net realized gains (losses) of $(93) million and $(99) million, respectively. Included within the net realized gains (losses) are $(17) million and $(20) million of realized gains (losses) for the three months ended March 31, 2023 and 2022, respectively, which relate to the Fortitude Re funds withheld assets held by Corebridge in support of Fortitude Re’s reinsurance obligations to Corebridge (Fortitude Re funds withheld assets). These realized gains (losses) are included in net realized gains (losses) on Fortitude Re funds withheld assets. OTHER SECURITIES MEASURED AT FAIR VALUE The following table presents the fair value of fixed maturity securities measured at fair value, including securities in the modco agreement with Fortitude Re, based on our election of the fair value option and equity securities measured at fair value: March 31, 2023 December 31, 2022 (in millions) Fair Value* Percent Fair Value* Percent Fixed maturity securities: U.S. government and government sponsored entities $ 1 — % $ — — % — % Obligations of states, municipalities and political subdivisions 64 1 % 37 1 % Non-U.S. governments 30 1 % 22 1 % Corporate debt 2,361 55 % 2,222 56 % Mortgage-backed, asset-backed and collateralized: RMBS 175 4 % 165 4 % CMBS 257 6 % 232 6 % CLO 364 9 % 279 7 % ABS 851 20 % 812 21 % Total mortgage-backed, asset-backed and collateralized 1,647 39 % 1,488 38 % Total fixed maturity securities 4,103 96 % 3,769 96 % Equity securities 191 4 % 170 4 % Total $ 4,294 100 % $ 3,939 100 % * The table above includes other securities measured at fair value issued by related parties, which are primarily Corebridge affiliates that are not consolidated. This includes CLOs which had a fair value of $28 million as of March 31, 2023. OTHER INVESTED ASSETS The following table summarizes the carrying amounts of other invested assets: (in millions) March 31, 2023 December 31, 2022 Alternative investments (a) (b) $ 8,037 $ 8,014 Investment real estate (c) 1,868 1,831 All other investments (d) 591 573 Total (e) $ 10,496 $ 10,418 (a) At March 31, 2023, included hedge funds of $802 million and private equity funds of $7.2 billion. At December 31, 2022, included hedge funds of $884 million and private equity funds of $7.1 billion. (b) At March 31, 2023, approximately 77% of our hedge fund portfolio is available for redemption in 2023. The remaining 23% will be available for redemption between 2024 and 2028. At December 31, 2022, approximately 77% of our hedge fund portfolio is available for redemption in 2023. The remaining 23% will be available for redemption between 2024 and 2028. (c) Represents values net of accumulated depreciation of $627 million and $616 million as of March 31, 2023 and December 31, 2022, respectively. The accumulated depreciation related to the investment real estate held by legacy assets owned by us was $123 million and $124 million as of March 31, 2023 and December 31, 2022, respectively. (d) Includes Corebridge’s ownership interest in Fortitude Holdings, which is recorded using the measurement alternative for equity securities. Our investment in Fortitude Holdings totaled $156 million and $156 million at March 31, 2023 and December 31, 2022, respectively. (e) Includes investments in related parties, which totaled $6 million and $6 million as of March 31, 2023 and December 31, 2022, respectively. Other Invested Assets – Equity Method Investments The following table presents the carrying amount and ownership percentage of equity method investments at March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 (in millions) Carrying Ownership Carrying Ownership Equity method investments $ 3,218 Various $ 3,185 Various NET INVESTMENT INCOME The following table presents the components of Net investment income: Three Months Ended March 31, 2023 2022 (in millions) Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 1,896 $ 217 $ 2,113 $ 1,620 $ 268 $ 1,888 Other bond securities 10 105 115 (19) (93) (112) Equity securities 29 — 29 (57) — (57) Interest on mortgage and other loans 512 50 562 384 40 424 Alternative investments* (1) 31 30 445 71 516 Real estate 4 — 4 (3) — (3) Other investments 3 — 3 38 — 38 Total investment income 2,453 403 2,856 2,408 286 2,694 Investment expenses 152 9 161 105 8 113 Net investment income $ 2,301 $ 394 $ 2,695 $ 2,303 $ 278 $ 2,581 * Includes income from hedge funds, private equity funds and affordable housing partnerships. Hedge funds are recorded as of the balance sheet date. Private equity funds are generally reported on a one-quarter lag. Net realized gains and losses are determined by specific identification. The net realized gains and losses are generated primarily from the following sources: • Sales or full redemptions of available for sale fixed maturity securities, real estate and other alternative investments. • Reductions to the amortized cost basis of available for sale fixed maturity securities that have been written down due to our intent to sell them or it being more likely than not that we will be required to sell them. • Changes in the allowance for credit losses on bonds available for sale, mortgage and other loans receivable, and loans commitments. • Changes in fair value of free standing and embedded derivatives, including changes in the non-performance adjustment, except for those instruments that hedge the change in the fair value of certain MRBs or are designated as hedging instruments when the change in the fair value of the hedged item is not reported in Net realized gains (losses). • Foreign exchange gains and losses resulting from foreign currency transactions. • Changes in fair value of the embedded derivative related to the Fortitude Re funds withheld assets. The following table presents the components of Net realized gains (losses): Three Months Ended March 31, 2023 2022 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (76) $ (17) $ (93) $ (79) $ (20) $ (99) Change in allowance for credit losses on fixed maturity securities (17) — (17) (26) (40) (66) Change in allowance for credit losses on loans (34) (19) (53) (26) (6) (32) Foreign exchange transactions, net of related hedges 11 7 18 111 6 117 Index-linked interest credited embedded derivatives, net of related hedges (178) — (178) 205 — 205 All other derivatives and hedge accounting* (164) 48 (116) (12) (66) (78) Sales of alternative investments and real estate investments 5 1 6 8 1 9 Other — — — (8) 2 (6) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (453) 20 (433) 173 (123) 50 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (1,025) (1,025) — 2,837 2,837 Net realized gains (losses) $ (453) $ (1,005) $ (1,458) $ 173 $ 2,714 $ 2,887 * Derivative activity related to hedging MRBs is recorded in Change in the fair value of MRBs, net. For additional disclosures about MRBs, see Note 12. CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available-for-sale securities: Three Months Ended March 31, (in millions) 2023 2022 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ 4,019 $ (16,874) Other investments 1 — Total increase (decrease) in unrealized appreciation (depreciation) of investments $ 4,020 $ (16,874) The following table summarizes the unrealized gains and losses recognized in Net investment income during the reporting period on equity securities and other invested assets still held at the reporting date: Three Months Ended March 31, 2023 2022 (in millions) Equities Other Invested Assets Total Equities Other Invested Assets Total Net gains (losses) recognized during the period on equity securities and other investments $ 29 $ 31 $ 60 $ (57) $ 299 $ 242 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 33 1 34 (46) (3) (49) Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (4) $ 30 $ 26 $ (11) $ 302 $ 291 EVALUATING INVESTMENTS FOR AN ALLOWANCE FOR CREDIT LOSSES Credit Impairments The following table presents a rollforward of the changes in allowance for credit losses on available-for-sale fixed maturity securities by major investment category: Three Months Ended March 31, 2023 2022 (in millions) Structured Non-Structured Total Structured Non-Structured Total Balance, beginning of period $ 27 $ 121 $ 148 $ 8 $ 70 $ 78 Additions: Securities for which allowance for credit losses were not previously recorded 2 12 14 33 94 127 Reductions: Securities sold during the period (2) (17) (19) — (2) (2) Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis — 3 3 (30) (32) (62) Write-offs charged against the allowance — (50) (50) — — — Balance, end of period $ 27 $ 69 $ 96 $ 11 $ 130 $ 141 Purchased Credit Deteriorated/Impaired Securities We purchase certain RMBS securities that have experienced more-than-insignificant deterioration in credit quality since origination. Subsequent to the adoption of the Financial Instruments Credit Losses Standard, these are referred to as purchased credit deteriorated (“PCD”) assets. At the time of purchase an allowance is recognized for these PCD assets by adding it to the purchase price to arrive at the initial amortized cost. There is no credit loss expense recognized upon acquisition of a PCD asset. When determining the initial allowance for credit losses, management considers the historical performance of underlying assets and available market information as well as bond-specific structural considerations, such as credit enhancement and the priority of payment structure of the security. In addition, the process of estimating future cash flows includes, but is not limited to, the following critical inputs: • current delinquency rates; • expected default rates and the timing of such defaults; • loss severity and the timing of any recovery; and • expected prepayment speeds. Subsequent to the acquisition date, the PCD assets follow the same accounting as other structured securities that are not of high credit quality. We did not purchase securities with more-than-insignificant credit deterioration since their origination during the three months ended March 31, 2023 and 2022. PLEDGED INVESTMENTS Secured Financing and Similar Arrangements We enter into secured financing transactions whereby certain securities are sold under agreements to repurchase (repurchase agreements), in which we transfer securities in exchange for cash, with an agreement by us to repurchase the same or substantially similar securities. Our secured financing transactions also include those that involve the transfer of securities to financial institutions in exchange for cash (securities lending agreements). In all of these secured financing transactions, the securities transferred by us (pledged collateral) may be sold or repledged by the counterparties. These agreements are recorded at their contracted amounts plus accrued interest, other than those that are accounted for at fair value. Pledged collateral levels are monitored daily and are generally maintained at an agreed-upon percentage of the fair value of the amounts borrowed during the life of the transactions. In the event of a decline in the fair value of the pledged collateral under these secured financing transactions, we may be required to transfer cash or additional securities as pledged collateral under these agreements. At the termination of the transactions, we and our counterparties are obligated to return the amounts borrowed and the securities transferred, respectively. The following table presents the fair value of securities pledged to counterparties under secured financing transactions, including repurchase agreements: (in millions) March 31, 2023 December 31, 2022 Fixed maturity securities available for sale $ 2,679 $ 2,968 At March 31, 2023 and December 31, 2022, amounts borrowed under repurchase agreements totaled $2.6 billion and $3.1 billion, respectively. The following table presents the fair value of securities pledged under our repurchase agreements by collateral type and by remaining contractual maturity: Remaining Contractual Maturity of the Repurchase Agreements (in millions) Overnight and Continuous Up to 30 Days 31 - 90 Days 91 - 364 Days 365 Days or Greater Total March 31, 2023 Bonds available for sale: Non-U.S. governments $ — $ 74 $ — $ — $ — $ 74 Corporate debt 28 2,084 493 — — 2,605 Total $ 28 $ 2,158 $ 493 $ — $ — $ 2,679 December 31, 2022 Bonds available for sale: Non-U.S. governments $ — $ 21 $ — $ — $ — $ 21 Corporate debt — 2,370 577 — — 2,947 Total $ — $ 2,391 $ 577 $ — $ — $ 2,968 There were no securities lending agreements at March 31, 2023 and December 31, 2022. There were no reverse repurchase agreements at March 31, 2023 and December 31, 2022. We do not currently offset any secured financing transactions. All such transactions are collateralized and margined daily consistent with market standards and subject to enforceable master netting arrangements with rights of set off. Insurance – Statutory and Other Deposits The total carrying value of cash and securities deposited by our insurance subsidiaries under requirements of regulatory authorities or other insurance-related arrangements, including certain annuity-related obligations and certain reinsurance treaties, was $5.0 billion and $3.5 billion at March 31, 2023 and December 31, 2022, respectively. Other Pledges and Restrictions Certain of our subsidiaries are members of Federal Home Loan Banks (“FHLBs”) and such membership requires the members to own stock in these FHLBs. We owned an aggregate of $244 million and $222 million of stock in FHLBs at March 31, 2023 and December 31, 2022, respectively. In addition, our subsidiaries have pledged securities available for sale and residential loans associated with borrowings and funding agreements from FHLBs, with a fair value of $5.9 billion and $2.1 billion, respectively, at March 31, 2023 and $4.8 billion and $1.8 billion, respectively, at December 31, 2022. Certain GICs recorded in policyholder contract deposits with a carrying value of $72 million and $56 million at March 31, 2023 and December 31, 2022, respectively, have provisions that require collateral to be posted or payments to be made by us upon a downgrade of our Insurer Financial Strength ratings. The actual amount of collateral required to be posted to the counterparties in the event of such downgrades and the aggregate amount of payments that we could be required to make depend on market conditions, the fair value of outstanding affected transactions and other factors prevailing at and after the time of the downgrade. The fair value of securities pledged as collateral with respect to these obligations was approximately $63 million at March 31, 2023 and December 31, 2022. This collateral primarily consists of securities of the U.S. government and government-sponsored entities and generally cannot be repledged or resold by the counterparties. As part of our collateralized reinsurance transactions, we pledge collateral to cedants as contractually required. The fair value of securities pledged as excess collateral with respect to these obligations was approximately $246 million and $144 million at March 31, 2023 and December 31, 2022, respectively. Additionally, assets supporting these transactions are held solely for the benefit of the cedants and insulated from obligations owed to our other policyholders and general creditors. Reinsurance transactions between Corebridge and Fortitude Re were structured as modco with funds withheld. For further discussion on the sale of Fortitude Holdings, see Note 7.

Lending Activities

Lending Activities	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Lending Activities	6. Lending Activities The following table presents the composition of Mortgage and other loans receivable, net: (in millions) March 31, 2023 December 31, 2022 Commercial mortgages (a) $ 33,692 $ 32,993 Residential mortgages 6,627 5,856 Life insurance policy loans 1,740 1,750 Commercial loans, other loans and notes receivable (b) 4,469 4,567 Total mortgage and other loans receivable 46,528 45,166 Allowance for credit losses (c) (659) (600) Mortgage and other loans receivable, net $ 45,869 $ 44,566 (a) Commercial mortgages primarily represent loans for apartments, offices and retail properties, with exposures in New York and California representing the largest geographic concentrations (aggregating approximately 19% and 10%, respectively, at March 31, 2023, and 20% and 11%, respectively, at December 31, 2022). The weighted average loan-to-value ratio for NY and CA was 60% and 54% at March 31, 2023, respectively, and 59% and 53% at December 31, 2022, respectively. The debt service coverage ratio for NY and CA was 2.0X and 2.1X at March 31, 2023, respectively, and 2.0X and 2.1X at December 31, 2022, respectively. (b) Includes loans held for sale which are carried at lower cost or market, determined on an individual loan basis, and are collateralized primarily by apartments. As of March 31, 2023 and December 31, 2022, the net carrying value of these loans was $173 million and $170 million, respectively. (c) Does not include allowance for credit losses of $54 million and $60 million at March 31, 2023 and December 31, 2022, respectively in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities. Interest income is not accrued when payment of contractual principal and interest is not expected. Any cash received on impaired loans is generally recorded as a reduction of the current carrying amount of the loan. Accrual of interest income is generally resumed when delinquent contractual principal and interest are repaid or when a portion of the delinquent contractual payments are made, and the ongoing required contractual payments have been made for an appropriate period. As of March 31, 2023, $2 million and $650 million of residential mortgage loans and commercial mortgage loans, respectively, were placed on nonaccrual status. As of December 31, 2022, $3 million and $623 million of residential mortgage loans and commercial mortgage loans, respectively, were placed on nonaccrual status. Accrued interest is presented separately and is included in Accrued investment income on the Condensed Consolidated Balance Sheets. As of March 31, 2023, accrued interest receivable was $17 million and $147 million associated with residential mortgage loans and commercial mortgage loans, respectively. As of December 31, 2022, accrued interest receivable was $15 million and $130 million associated with residential mortgage loans and commercial mortgage loans, respectively. A significant majority of commercial mortgages in the portfolio are non-recourse loans and, accordingly, the only guarantees are for specific items that are exceptions to the non-recourse provisions. It is therefore extremely rare for us to have cause to enforce the provisions of a guarantee on a commercial real estate or mortgage loan. Nonperforming loans are generally those loans where payment of contractual principal or interest is more than 90 days past due. Nonperforming mortgages were not significant for all periods presented. CREDIT QUALITY OF COMMERCIAL MORTGAGES The following table presents debt service coverage ratios * for commercial mortgages by year of vintage: March 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total >1.2X $ 307 $ 5,471 $ 2,061 $ 1,177 $ 4,918 $ 13,530 $ 27,464 1.00 - 1.20X 46 993 857 755 358 1,399 4,408 <1.00X — 38 — 23 — 1,759 1,820 Total commercial mortgages $ 353 $ 6,502 $ 2,918 $ 1,955 $ 5,276 $ 16,688 $ 33,692 December 31, 2022 (in millions) 2022 2021 2020 2019 2018 Prior Total >1.2X $ 5,382 $ 2,043 $ 1,521 $ 4,832 $ 3,505 $ 9,948 $ 27,231 1.00 - 1.20X 859 734 388 343 470 1,088 3,882 <1.00X 37 — 23 52 707 1,061 1,880 Total commercial mortgages $ 6,278 $ 2,777 $ 1,932 $ 5,227 $ 4,682 $ 12,097 $ 32,993 * The debt service coverage ratio compares a property’s net operating income to its debt service payments, including principal and interest. Our weighted average debt service coverage ratio was 1.9X at March 31, 2023 and 1.9X at December 31, 2022. The debt service coverage ratios are updated when additional information becomes available. The following table presents loan-to-value ratios * for commercial mortgages by year of vintage: March 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total Less than 65% $ 321 $ 5,461 $ 2,210 $ 1,535 $ 3,795 $ 12,215 $ 25,537 65% to 75% 32 1,006 428 269 1,431 2,313 5,479 76% to 80% — 35 43 — — 301 379 Greater than 80% — — 237 151 50 1,859 2,297 Total commercial mortgages $ 353 $ 6,502 $ 2,918 $ 1,955 $ 5,276 $ 16,688 $ 33,692 December 31, 2022 (in millions) 2022 2021 2020 2019 2018 Prior Total Less than 65% $ 5,270 $ 2,061 $ 1,515 $ 3,752 $ 2,666 $ 9,205 $ 24,469 65% to 75% 973 435 391 1,425 1,356 1,184 5,764 76% to 80% 35 43 — — 70 218 366 Greater than 80% — 238 26 50 590 1,490 2,394 Total commercial mortgages $ 6,278 $ 2,777 $ 1,932 $ 5,227 $ 4,682 $ 12,097 $ 32,993 * The loan-to-value ratio compares the current unpaid principal balance of the loan to the estimated fair value of the underlying property collateralizing the loan. Our weighted average loan-to-value ratio was 58% at March 31, 2023, and 59% at December 31, 2022. The loan-to-value ratios reflect the latest obtained valuations of the collateral properties. We update the valuations of collateral properties by obtaining independent appraisals, generally at least once per year. The following table presents the credit quality performance indicators for commercial mortgages: (dollars in millions) Number Class Percent Apartments Offices Retail Industrial Hotel Others Total (b) March 31, 2023 Credit Quality Performance Indicator: In good standing 607 $ 13,344 $ 8,614 $ 3,602 $ 5,540 $ 1,853 $ 298 $ 33,251 99% 90 days or less delinquent 2 276 — — — — — 276 1% >90 days delinquent or in process of foreclosure (c) 3 — 165 — — — — 165 —% Total (a) 612 $ 13,620 $ 8,779 $ 3,602 $ 5,540 $ 1,853 $ 298 $ 33,692 100% Allowance for credit losses $ 89 $ 348 $ 56 $ 66 $ 21 $ 6 $ 586 2 % December 31, 2022 Credit Quality Performance Indicator: In good standing 599 $ 13,226 $ 8,470 $ 3,192 $ 5,417 $ 1,749 $ 290 $ 32,344 98% Restructured 9 — 329 94 — 59 — 482 1% 90 days or less delinquent — — — — — — — — —% >90 days delinquent or in process of foreclosure (c) 3 — 167 — — — — 167 1% Total (a) 611 $ 13,226 $ 8,966 $ 3,286 $ 5,417 $ 1,808 $ 290 $ 32,993 100% Allowance for credit losses $ 89 $ 294 $ 54 $ 65 $ 23 $ 6 $ 531 2 % (a) Does not reflect allowance for credit losses. (b) Our commercial mortgage loan portfolio is current as to payments of principal and interest, for both periods presented. There were no significant amounts of nonperforming commercial mortgages (defined as those loans where payment of contractual principal or interest is more than 90 days past due) during any of the periods presented. (c) Includes $157 million and $156 million of Office loans supporting the Fortitude Re funds withheld arrangements, greater than 90 days delinquent or in process of foreclosure, at March 31, 2023 and December 31, 2022, respectively. The following table presents credit quality performance indicators for residential mortgages by year of vintage: March 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total FICO*: 780 and greater $ 70 $ 477 $ 2,326 $ 646 $ 233 $ 511 $ 4,263 720 - 779 269 523 509 168 71 194 1,734 660 - 719 72 230 81 34 16 94 527 600 - 659 2 21 6 — 2 47 78 Less than 600 — — 1 — 1 23 25 Total residential mortgages $ 413 $ 1,251 $ 2,923 $ 848 $ 323 $ 869 $ 6,627 December 31, 2022 (in millions) 2022 2021 2020 2019 2018 Prior Total FICO*: 780 and greater $ 294 $ 2,141 $ 652 $ 229 $ 76 $ 437 $ 3,829 720 - 779 536 711 167 75 32 134 1,655 660 - 719 163 79 28 16 9 47 342 600 - 659 2 4 2 1 2 13 24 Less than 600 — — — 1 — 5 6 Total residential mortgages $ 995 $ 2,935 $ 849 $ 322 $ 119 $ 636 $ 5,856 * Fair Isaac Corporation (“FICO”) is the credit quality indicator used to evaluate consumer credit risk for residential mortgage loan borrowers and has been updated within the last twelve months. Three Months Ended March 31, 2023 2022 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Allowance, beginning of period $ 531 $ 69 $ 600 $ 423 $ 73 $ 496 Loans charged off — — — (5) — (5) Net charge-offs — — — (5) — (5) Addition to (release of) allowance for loan losses 55 4 59 $ (5) $ 2 $ (3) Divestitures — — — — — — Allowance, end of period $ 586 $ 73 $ 659 $ 413 $ 75 $ 488 * Does not include allowance for credit losses of $54 million and $93 million, respectively, at March 31, 2023 and 2022 in relation to the off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities in the Condensed Consolidated Balance Sheets.

Reinsurance

Reinsurance	3 Months Ended
	Mar. 31, 2023
Insurance [Abstract]
Reinsurance	7. Reinsurance In the ordinary course of business, our insurance companies may use ceded reinsurance to limit potential losses, provide additional capacity for growth, minimize exposure to significant risks or to provide greater diversification of our businesses. We may also use assumed reinsurance to diversify our business. Our reinsurance is principally under YRT treaties, along with a large modco treaty reinsuring the majority of our legacy business to a former affiliate, Fortitude Re. Reinsurance premiums ceded are recognized when due, along with corresponding benefits. Amounts recoverable from reinsurers are presented as a component of Reinsurance assets. Reinsurance assets include the balances due from reinsurance and insurance companies under the terms of our reinsurance agreements for ceded future policy benefits for life and accident and health insurance contracts and benefits paid and unpaid. We remain liable to the extent that our reinsurers do not meet their obligations under the reinsurance contracts, and as such, we regularly evaluate the financial condition of our reinsurers and monitor concentration of our credit risk. The estimation of the allowance for credit losses and disputes requires judgment for which key inputs typically include historical trends regarding uncollectible balances, disputes and credit events as well as specific reviews of balances in dispute or subject to credit impairment. Changes in the allowance for credit losses and disputes on reinsurance assets are reflected in Policyholder benefits within the Consolidated Statements of Income (Loss). Prior to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard Prior to January 1, 2021, assumptions used in estimating reinsurance recoverables related to coinsurance or modco contracts were consistent with those used in estimating the related liabilities and reflected locked-in assumptions, absent a loss recognition event. Amounts recoverable on YRT treaties were recognized when claims were incurred on the reinsured policies. Subsequent to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard The following table presents the transition rollforward for reinsurance recoverables: Individual Life Institutional (in millions) Retirement Insurance Markets Total Pre-adoption, December 31, 2020 for Reinsurance assets - other, net of allowance for credit losses and disputes (a) $ 309 $ 2,370 $ 43 $ 2,722 Reclassification of Cost of Reinsurance (b) — 416 — 416 Reclassification to Market risk benefits (35) — — (35) Change in cash flow assumptions and effect of net premiums exceeding gross premiums — (52) — (52) Change due to the current upper-medium grade discount rate — 99 5 104 Post-adoption January 1, 2021 for Reinsurance assets - other, net of allowance for credit losses and disputes $ 274 $ 2,833 $ 48 $ 3,155 (a) Excludes $(15) million of Reinsurance assets - other, net of allowance for credit losses and disputes in Other Operations. (b) Cost of reinsurance is reported in Other liabilities in the Condensed Consolidated Balance sheets. Corporate and (in millions) Other Pre-adoption, December 31, 2020 for Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes $ 29,158 Change in cash flow assumptions and effect of net premiums exceeding gross premiums 55 Change due to the current upper-medium grade discount rate 7,611 Post-adoption January 1, 2021 for Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes $ 36,824 The remeasurement of the reinsurance recoverable using the current upper-medium grade discount rate is offset in AOCI. FORTITUDE RE In February 2018, AGL, VALIC and USL entered into a modco agreement with Fortitude Re, then a wholly owned AIG subsidiary and registered Class 4 and Class E reinsurer in Bermuda. Fortitude Holdings was formed by AIG to act as a holding company for Fortitude Re. These reinsurance transactions between Corebridge and Fortitude Re were structured as modco arrangements. In the modco arrangement, the investments supporting the reinsurance agreements, and which reflect the majority of the consideration that would be paid to the reinsurer for entering into the transaction are withheld by, and therefore continue to reside on the balance sheet of, the ceding company (i.e., Corebridge), thereby creating an obligation for the ceding company to pay the reinsurer (i.e., Fortitude Re) at a later date. Additionally, as Corebridge maintains ownership of these investments, Corebridge will maintain its existing accounting for these assets (e.g., the changes in fair value of available-for-sale securities will be recognized within OCI)). Corebridge has established a funds withheld payable to Fortitude Re while simultaneously establishing a reinsurance asset representing reserves for the insurance coverage that Fortitude Re has assumed. The funds withheld payable contains an embedded derivative and changes in fair value of the embedded derivative are recognized in earnings through realized gains (losses). This embedded derivative is considered a total return swap with contractual returns that are attributable to various assets and liabilities associated with these reinsurance agreements. There is a diverse pool of assets supporting the funds withheld arrangements with Fortitude Re. The following summarizes the composition of the pool of assets: March 31, 2023 December 31, 2022 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available for sale $ 16,302 $ 16,302 $ 16,339 $ 16,339 Fair value through other comprehensive income Fixed maturity securities - fair value option 3,745 3,745 3,485 3,485 Fair value through net investment income Commercial mortgage loans 3,525 3,317 3,490 3,241 Amortized cost Real estate investments 130 315 133 348 Amortized cost Private equity funds/hedge funds 1,900 1,900 1,893 1,893 Fair value through net investment income Policy loans 345 345 355 355 Amortized cost Short-term Investments 114 114 69 69 Fair value through net investment income Funds withheld investment assets 26,061 26,038 25,764 25,730 Derivative assets, net (a) 81 81 90 90 Fair value through realized gains (losses) Other (b) 514 514 731 731 Amortized cost Total $ 26,656 $ 26,633 $ 26,585 $ 26,551 (a) The derivative assets and liabilities have been presented net of cash collateral. The derivative assets supporting the Fortitude Re funds withheld arrangements had a fair market value of $276 million a nd $189 million as of March 31, 2023 and December 31, 2022, respectively. These derivative assets and liabilities are fully collateralized either by cash or securities. (b) Primarily comprised of Cash and Accrued investment income. The impact of the funds withheld arrangements with Fortitude Re was as follows: Three Months Ended March 31, (in millions) 2023 2022 Net investment income - Fortitude Re funds withheld assets $ 394 $ 278 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized gains (losses) Fortitude Re funds withheld assets 20 (123) Net realized gains (losses) Fortitude Re funds withheld embedded derivatives (1,025) 2,837 Net realized gains (losses) on Fortitude Re funds withheld assets (1,005) 2,714 Income (loss) before income tax benefit (expense) (611) 2,992 Income tax benefit (expense)* 128 (628) Net income (loss) (483) 2,364 Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available for sale* 451 (2,276) Comprehensive income (loss) $ (32) $ 88 * The income tax expense (benefit) and the tax impact in AOCI was computed using the U.S. statutory tax rate of 21%. Various assets supporting the Fortitude Re funds withheld arrangements are reported at amortized cost, and as such, changes in the fair value of these assets are not reflected in the financial statements. However, changes in the fair value of these assets are included in the embedded derivative in the Fortitude Re funds withheld arrangement and the appreciation (depreciation) of the assets is the primary driver of the comprehensive income (loss) reflected abo ve. REINSURANCE – CREDIT LOSSES The estimation of reinsurance recoverables involves a significant amount of judgment. Reinsurance assets include reinsurance recoverables on future policy benefits and policyholder contract deposits that are estimated as part of our insurance liability valuation process and, consequently, are subject to similar judgments and uncertainties as the estimation of gross benefit reserves. We assess the collectability of reinsurance recoverable balances in each reporting period, through either historical trends of disputes and credit events or financial analysis of the credit quality of the reinsurer. We record adjustments to reflect the results of these assessments through an allowance for credit losses and disputes on uncollectible reinsurance that reduces the carrying amount of reinsurance and other assets on the Condensed Consolidated Balance Sheets (collectively, the reinsurance recoverable balances). This estimate requires significant judgment for which key considerations include: • paid and unpaid amounts recoverable; • whether the balance is in dispute or subject to legal collection; • the relative financial health of the reinsurer as classified by the Obligor Risk Ratings (“ORRs”) we assign to each reinsurer based upon our financial reviews; insurers that are financially troubled (i.e., in run-off, have voluntarily or involuntarily been placed in receivership, are insolvent, are in the process of liquidation or otherwise subject to formal or informal regulatory restriction) are assigned ORRs that will generate a significant allowance; and • whether collateral and collateral arrangements exist. An estimate of the reinsurance recoverable’s lifetime expected credit losses is established utilizing a probability of default and loss given default method, which reflects the reinsurer’s ORR. The allowance for credit losses excludes disputed amounts. An allowance for disputes is established for a reinsurance recoverable using the losses incurred model for contingencies. The total reinsurance recoverables as of March 31, 2023 wer e $29.9 billion. As of that date, utilizing Corebridge’s ORRs, (i) approximately 100% of the reinsurance recoverables were investment grade, (ii) less than 1% were non-investment grade reinsurance recoverables and (iii) none of the reinsurance recoverables were related to entities that were not rated by Corebridge. Reinsurance Recoverable Allowance The following table presents a rollforward of the reinsurance recoverable allowance: Three Months Ended March 31, (in millions) 2023 2022 Balance, beginning of period $ 84 $ 101 Current period provision for expected credit losses and disputes (10) 4 Write-offs charged against the allowance for credit losses and disputes — — Other changes — — Balance, end of period $ 74 $ 105 There w ere no material recoveries of credit losses previously written off for th e three months ended March 31, 2023 or 2022. Past-Due Status We consider a reinsurance asset to be past due when it is 90 days past due. We record an allowance for disputes when there is reasonable uncertainty of the collectability of a disputed amount during the reporting period. Past-due balances were not significant for any of the periods presented. For further discussion of arbitration proceedings against us, see Note 14.

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	8. Variable Interest Entities A variable interest entity (“VIE”) is a legal entity that does not have sufficient equity at risk to finance its activities without additional subordinated financial support or is structured such that equity investors lack the ability to make significant decisions relating to the entity’s operations through voting rights or do not substantively participate in the gains and losses of the entity. Consolidation of a VIE by its primary beneficiary is not based on majority voting interest but is based on other criteria discussed below. We enter into various arrangements with VIEs in the normal course of business and consolidate the VIEs when we determine we are the primary beneficiary. This analysis includes a review of the VIE’s capital structure, related contractual relationships and terms, nature of the VIE’s operations and purpose, nature of the VIE’s interests issued and our involvement with the entity. When assessing the need to consolidate a VIE, we evaluate the design of the VIE as well as the related risks to which the entity was designed to expose the variable interest holders. The primary beneficiary is the entity that has both (i) the power to direct the activities of the VIE that most significantly affect the entity’s economic performance and (ii) the obligation to absorb losses or the right to receive benefits that could be potentially significant to the VIE. While also considering these factors, the consolidation conclusion depends on the breadth of our decision-making ability and our ability to influence activities that significantly affect the economic performance of the VIE. BALANCE SHEET CLASSIFICATION AND EXPOSURE TO LOSS Creditors or beneficial interest holders of VIEs for which the Company is the primary beneficiary generally have recourse only to the assets and cash flows of the VIEs and do not have recourse to the Company. The following table presents the total assets and total liabilities associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Balance Sheets: (in millions) Real Estate and Investment Entities (c) Securitization and Repackaging Vehicles (d) Total March 31, 2023 Assets: Bonds available for sale $ — $ 119 $ 119 Other bond securities — — — Equity securities 40 — 40 Mortgage and other loans receivable — 2,034 2,034 Other invested assets Alternative investments (a) 2,840 — 2,840 Investment real estate 1,766 — 1,766 Short-term investments 190 7 197 Cash 96 — 96 Accrued investment income — 5 5 Other assets 133 — 133 Total assets (b) $ 5,065 $ 2,165 $ 7,230 Liabilities: Debt of consolidated investment entities $ 1,363 $ 1,322 $ 2,685 Other liabilities 97 — 97 Total liabilities $ 1,460 $ 1,322 $ 2,782 December 31, 2022 Assets: Bonds available for sale $ — $ 3,571 $ 3,571 Other bond securities — — — Equity securities 51 — 51 Mortgage and other loans receivable — 2,088 2,088 Other invested assets Alternative investments (a) 2,842 — 2,842 Investment real estate 1,731 — 1,731 Short-term investments 191 265 456 Cash 71 — 71 Accrued investment income — 7 7 Other assets 102 68 170 Total assets (b) $ 4,988 $ 5,999 $ 10,987 Liabilities: Debt of consolidated investment entities $ 1,382 $ 4,576 $ 5,958 Other liabilities 85 47 132 Total liabilities $ 1,467 $ 4,623 $ 6,090 (a) Composed primarily of investments in real estate joint ventures at March 31, 2023 and December 31, 2022. (b) The assets of each VIE can be used only to settle specific obligations of that VIE. (c) Off-balance-sheet exposure primarily consisting of commitments by insurance operations and affiliates into real estate and investment entities. At March 31, 2023 and December 31, 2022, together the Company and AIG affiliates have commitments to internal parties of $2.0 billion and $2.1 billion and commitments to external parties of $0.5 billion and $0.6 billion, respectively. At March 31, 2023, $1.4 billion out of the internal commitments was from subsidiaries of Corebridge entities and $0.7 billion was from other AIG affiliates. At December 31, 2022, $1.4 billion out of the internal commitments was from subsidiaries of Corebridge entities, and $0.7 billion was from other AIG affiliates. (d) During the three-month period ended March 31, 2023, Corebridge deconsolidated certain consolidated investment entities, as part of the sale of AIG Credit Management, LLC with $3.6 billion assets and $3.2 billion in liabilities, resulting in a pre-tax loss of $3 million. Real Estate and Securitization Investment and Repackaging (in millions) Entities Vehicles Total Three Months Ended March 31, 2023 Total revenue $ 53 $ 59 $ 112 Net income attributable to noncontrolling interests 6 — 6 Net income (loss) attributable to Corebridge 33 45 78 Three Months Ended March 31, 2022 Total revenue $ 200 $ 62 $ 262 Net income attributable to noncontrolling interests 75 — 75 Net income (loss) attributable to Corebridge 114 31 145 The following table presents total assets of unconsolidated VIEs in which we hold a variable interest, as well as our maximum exposure to loss associated with these VIEs: Maximum Exposure to Loss (in millions) Total VIE On-Balance Sheet (b) Off-Balance Sheet (c) Total March 31, 2023 Real estate and investment entities (a) $ 376,688 $ 5,649 $ 2,832 $ 8,481 Total $ 376,688 $ 5,649 $ 2,832 $ 8,481 December 31, 2022 Real estate and investment entities (a) $ 376,055 $ 5,575 $ 2,784 $ 8,359 Total $ 376,055 $ 5,575 $ 2,784 $ 8,359 (a) Composed primarily of hedge funds and private equity funds. (b) At March 31, 2023 and December 31, 2022, $5.6 billion and $5.6 billion, respectively, of our total unconsolidated VIE assets were recorded as other invested assets. (c) These amounts represent our unfunded commitments to invest in private equity funds and hedge funds. Additionally, from time to time, AIG designed internal securitizations and a series of VIEs, which are not consolidated by Corebridge, that securitized certain secured loans, bank loans and RMLs. The notes held by Corebridge and their related fair values are included in the available-for-sale disclosures that are reported in Notes 4 and 5.

Derivatives and Hedge Accountin

Derivatives and Hedge Accounting	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedge Accounting	9. Derivatives and Hedge Accounting We use derivatives and other financial instruments as part of our financial risk management programs and as part of our investment operations. Interest rate derivatives (such as interest rate futures, swaps and options), equity derivatives (such as equity futures, swaps and options) and fixed maturity securities are used to economically mitigate interest rate risk, equity risk and credit spread exposure associated with MRBs and embedded derivatives contained in insurance contract liabilities. Interest rate derivatives are used to manage interest rate risk associated with fixed maturity securities as well as other interest rate sensitive assets and liabilities. Equity derivatives are used to economically mitigate financial risk associated with embedded derivatives and MRBs in certain insurance liabilities. In addition, equity derivatives are used to economically hedge certain investments. Foreign exchange derivatives (principally foreign exchange forwards and swaps) are used to economically mitigate risk associated with foreign denominated investments, net capital exposures and foreign currency transactions. We use credit derivatives to manage our credit exposures. The derivatives are effective economic hedges of the exposures that they are meant to offset. In addition to hedging activities, we also enter into derivative instruments with respect to investment operations, which may include, among other things, CDSs and purchases of investments with embedded derivatives, such as equity linked notes and convertible bonds. Interest rate, currency and equity swaps, credit contracts, swaptions, options and forward transactions are accounted for as derivatives, recorded on a trade-date basis and carried at fair value. Unrealized gains and losses are generally reflected in income, except in certain situations in which hedge accounting is applied and unrealized gains and losses are reflected in AOCI. Aggregate asset or liability positions are netted on the Condensed Consolidated Balance Sheets only to the extent permitted by qualifying master netting arrangements in place with each respective counterparty. Cash collateral posted with counterparties in conjunction with transactions supported by qualifying master netting arrangements is reported as a reduction of the corresponding net derivative liability, while cash collateral received in conjunction with transactions supported by qualifying master netting arrangements is reported as a reduction of the corresponding net derivative asset. Derivatives, with the exception of embedded derivatives, are reported at fair value in the Condensed Consolidated Balance Sheets in Other assets and Other liabilities. Embedded derivatives are generally presented with the host contract in the Condensed Consolidated Balance Sheets. A bifurcated embedded derivative is measured at fair value and accounted for in the same manner as a freestanding derivative contract. The corresponding host contract is accounted for according to the accounting guidance applicable for that instrument. For additional information on embedded derivatives and MRBs, see Notes 4, 11 and 12. The following table presents the notional amounts of our derivatives and the fair value of derivative assets and liabilities in the Condensed Consolidated Balance Sheets: March 31, 2023 December 31, 2022 Gross Derivative Gross Derivative Liabilities Gross Derivative Gross Derivative Liabilities (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Derivatives designated as hedging instruments: (a) Interest rate contracts $ 575 $ 225 $ 762 $ 14 $ 155 $ 202 $ 1,798 $ 77 Foreign exchange contracts 1,766 241 1,199 23 3,535 575 3,354 176 Derivatives not designated as hedging instruments: (a) Interest rate contracts 19,292 1,224 34,211 2,073 27,656 1,371 21,553 2,599 Foreign exchange contracts 8,850 989 7,845 333 4,630 672 6,673 456 Equity contracts 25,238 676 8,785 61 26,041 417 9,962 27 Other contracts (b) 46,652 14 — — 47,128 15 48 — Total derivatives, gross $ 102,373 $ 3,369 $ 52,802 $ 2,504 $ 109,145 $ 3,252 $ 43,388 $ 3,335 Counterparty netting (c) (2,303) (2,303) (2,547) (2,547) Cash collateral (d) (376) (42) (406) (691) Total derivatives on Condensed Consolidated Balance Sheets (e) $ 690 $ 159 $ 299 $ 97 (a) Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral. (b) Consists primarily of stable value wraps and contracts with multiple underlying exposures. (c) Represents netting of derivative exposures covered by a qualifying master netting agreement. (d) Represents cash collateral posted and received that is eligible for netting. (e) Freestanding derivatives only, excludes embedded derivatives. Derivative instrument assets and liabilities are recorded in Other assets and Other liabilities, respectively. The fair value of assets related to bifurcated embedded derivatives were both zero at March 31, 2023 and December 31, 2022. The fair value of liabilities related to bifurcated embedded derivatives was $7.9 billion and $6.7 billion at March 31, 2023 and December 31, 2022, respectively. A bifurcated embedded derivative is generally presented with the host contract in the Condensed Consolidated Balance Sheets. Embedded derivatives are primarily related to guarantee features in fixed index annuities and index universal life contracts, which include equity and interest rate components and the funds withheld arrangement with Fortitude Re. For additional information, see Note 7. The following table presents the gross notional amounts of our derivatives and the fair value of derivative assets and liabilities with related parties and third parties: March 31, 2023 December 31, 2022 Gross Derivative Gross Derivative Gross Derivative Gross Derivative (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Total derivatives with related parties $ 48,001 $ 3,074 $ 47,768 $ 2,268 $ 60,633 $ 3,177 $ 42,109 $ 3,154 Total derivatives with third parties 54,372 295 5,034 236 48,512 75 1,279 181 Total derivatives, gross $ 102,373 $ 3,369 $ 52,802 $ 2,504 $ 109,145 $ 3,252 $ 43,388 $ 3,335 As of March 31, 2023 and December 31, 2022, the following amounts were recorded on the Condensed Consolidated Balance Sheets related to the carrying amount of the hedged assets (liabilities) and cumulative basis adjustments included in the carrying amount for fair value hedges: March 31, 2023 December 31, 2022 (in millions) Carrying Cumulative Amount of Carrying Cumulative Amount of Balance sheet line item in which hedged item is recorded: Fixed maturities, available for sale, at fair value $ 6,201 $ — $ 6,520 $ — Commercial mortgage and other loans (a) — (25) — (25) Policyholder contract deposits (b) (2,818) (18) (2,218) 68 (a) This relates to hedge accounting that has been discontinued, but the respective loans are still held. The cumulative adjustment is being amortized into earnings over the remaining life of the loan. (b) This relates to fair value hedges on GICs. COLLATERAL We engage in derivative transactions that are not subject to a clearing requirement directly with related parties and unaffiliated third parties, in most cases under International Swaps and Derivatives Association, Inc. (“ISDA”) Master Agreements. Many of the ISDA Master Agreements also include Credit Support Annex provisions, which provide for collateral postings that may vary based on criteria such as ratings and threshold levels. We attempt to reduce our risk with certain counterparties by entering into agreements that enable collateral to be obtained from a counterparty on an up-front or contingent basis. We minimize the risk that counterparties might be unable to fulfill their contractual obligations by monitoring counterparty credit exposure and collateral value and generally requiring additional collateral to be posted upon the occurrence of certain events or circumstances. Collateral posted by us to third parties for derivative transactions was $254 million and $255 million at March 31, 2023 and December 31, 2022, respectively. Collateral posted by us to related parties for derivative transactions was $855 million and $1.5 billion at March 31, 2023 and December 31, 2022, respectively. In the case of collateral posted under derivative transactions that are not subject to clearing, this collateral can generally be repledged or resold by the counterparties. Collateral provided to us from third parties for derivative transactions was $214 million and $40 million at March 31, 2023 and December 31, 2022, respectively. Collateral provided to us from related parties for derivative transactions was $338 million and $380 million at March 31, 2023 and December 31, 2022, respectively. In the case of collateral provided to us under derivative transactions that are not subject to clearing, we generally can repledge or resell collateral. OFFSETTING We have elected to present all derivative receivables and derivative payables, and the related cash collateral received and paid, on a net basis on our Condensed Consolidated Balance Sheets when a legally enforceable ISDA Master Agreement exists between us and our derivative counterparty. An ISDA Master Agreement is an agreement governing multiple derivative transactions between two counterparties. The ISDA Master Agreement generally provides for the net settlement of all, or a specified group, of these derivative transactions, as well as transferred collateral, through a single payment, and in a single currency, as applicable. The net settlement provisions apply in the event of a default on, or affecting any, one derivative transaction or a termination event affecting all, or a specified group of, derivative transactions governed by the ISDA Master Agreement. We designated certain derivatives entered into with related parties as fair value hedges of available-for-sale securities held by our insurance subsidiaries. The fair value hedges include foreign currency forwards and cross-currency swaps designated as hedges of the change in fair value of foreign currency denominated available-for-sale securities attributable to changes in foreign exchange rates. We also designated certain interest rate swaps entered into with related parties as fair value hedges of fixed rate GICs and commercial mortgage loans attributable to changes in benchmark interest rates. During 2022, we designated certain interest rate swaps entered into with related parties as cash flow hedges of forecasted coupon payments associated with anticipated long-term debt issuances. For the year ended December 31, 2022, we recognized derivative gains of $223 million in AOCI and reclassified $21 million into interest expense. For the three-month period ended March 31, 2023, $7 million has been reclassified into Interest expense. There are no additional derivative gains or losses recognized in AOCI for this period. The remaining amount in AOCI, of $195 million, will be reclassified into Interest expense over the life of the hedging relationship, which can extend up to 30 years. We expect $28 million to be reclassified into Interest expense over the next 12 months. There are no amounts excluded from the assessment of hedge effectiveness that are recognized in earnings. For additional information related to the debt issuances, see Note 14. We use cross-currency swaps as hedging instruments in net investment hedge relationships to mitigate the foreign exchange risk associated with our non-U.S. dollar functional currency foreign subsidiaries. For net investment hedge relationships that use derivatives as hedging instruments, we assess hedge effectiveness and measure hedge ineffectiveness using changes in forward rates. We recognized gains (losses) for the three months ended March 31, 2023 and 2022 of $(1) million and $2 million, respectively, included in Change in foreign currency translation adjustment in OCI related to the net investment hedge relationships. The gains (losses) recognized primarily include transactions with related parties. A qualitative methodology is utilized to assess hedge effectiveness for net investment hedges, while regression analysis is employed for all other hedges. The following table presents the gain (loss) recognized in earnings on our derivative instruments in fair value hedging relationships in the Condensed Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Three Months Ended March 31, 2023 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances 86 — (88) (2) Net investment income — — — — Foreign exchange contracts: Realized gains (losses) (83) 79 83 79 Three Months Ended March 31, 2022 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (57) — 59 2 Net investment income 1 — (1) — Foreign exchange contracts: Realized gains (losses) 147 8 (147) 8 (a) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are included in the assessment of hedge effectiveness. (b) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are excluded from the assessment of hedge effectiveness and recognized in earnings on a mark-to-market basis. (c) Primarily consists of gains and losses with related parties. The following table presents the effect of derivative instruments not designated as hedging instruments in the Condensed Consolidated Statements of Income (Loss): Gains (Losses) Recognized in Earnings Three Months Ended March 31, (in millions) 2023 2022 By Derivative Type: Interest rate contracts $ 32 $ (814) Foreign exchange contracts (67) 226 Equity contracts 83 (196) Credit contracts — (1) Other contracts (127) 17 Embedded derivatives within policyholder contract deposits (384) 661 Fortitude Re funds withheld embedded derivative (1,025) 2,837 Total (a) $ (1,488) $ 2,730 By Classification: Policy fees $ 16 $ 15 Net investment income (2) (4) Net realized gains (losses) - excluding Fortitude Re funds withheld assets (414) 407 Net realized gains (losses) on Fortitude Re funds withheld assets 43 (52) Net realized losses on Fortitude Re funds withheld embedded derivatives (1,025) 2,837 Policyholder benefits 3 (7) Change in the fair value of market risk benefits (b) (109) (466) Total (a) $ (1,488) $ 2,730 (a) Includes gains (losses) with related parties of $6 million and $(1.0) billion for the three months ended March 31, 2023 a nd 2022, respectively. (b) This represents activity related to derivatives that economically hedged changes in the fair value of certain MRBs. In addition to embedded derivatives within policyholder contract deposits, certain guaranteed benefits within insurance contracts are classified as MRBs. The change in the fair value of these benefits is disclosed in Note 12. The change in the fair value of MRBs and the derivative instruments that hedge those risks are recognized in “Change in the fair value of MRBs, net” in the Condensed Consolidated Statements of Income (Loss). HYBRID SECURITIES WITH EMBEDDED CREDIT DERIVATIVES We invest in hybrid securities (such as credit-linked notes) with the intent of generating income, and not specifically to acquire exposure to embedded derivative risk. As is the case with our other investments in RMBS, CMBS, CLOs, ABS and CDOs, our investments in these hybrid securities are exposed to losses only up to the amount of our initial investment in the hybrid security. Other than our initial investment in the hybrid securities, we have no further obligation to make payments on the embedded credit derivatives in the related hybrid securities. We elect to account for our investments in these hybrid securities with embedded written credit derivatives at fair value, with changes in fair value recognized in Net investment income. Our investments in these hybrid securities are reported as Other bond securities in the Condensed Consolidated Balance Sheets. The fair values of these hybrid securities were both zero at March 31, 2023 and December 31, 2022. These securities have par amounts o f $25 million and $25 million at March 31, 2023 and December 31, 2022, respectively, and have remaining stated maturity dates that extend to 2052.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	3 Months Ended
	Mar. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Policy Acquisition Costs	10. Deferred Policy Acquisition Costs DAC represent those costs that are incremental and directly related to the successful acquisition of new or renewal of existing insurance contracts. We defer incremental costs that result directly from, and are essential to, the acquisition or renewal of an insurance contract. Such DAC generally include agent or broker commissions and bonuses, and medical fees that would not have been incurred if the insurance contract had not been acquired or renewed. Each cost is analyzed to assess whether it is fully deferrable. We partially defer costs, including certain commissions, when we do not believe that the entire cost is directly related to the acquisition or renewal of insurance contracts. Commissions that are not deferred to DAC are recorded in Non-deferrable insurance commissions in the Condensed Consolidated Statements of Income (Loss). We also defer a portion of employee total compensation and payroll-related fringe benefits directly related to time spent performing specific acquisition or renewal activities, including costs associated with the time spent on underwriting, policy issuance and processing, and sales force contract selling. The amounts deferred are derived based on successful efforts for each distribution channel and/or cost center from which the cost originates. Prior to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard Long-duration insurance contracts: Policy acquisition costs for participating life, traditional life and accident and health insurance products were generally deferred and amortized, with interest, over the premium paying period. The assumptions used to calculate the benefit liabilities and DAC for these traditional products were set when a policy was issued and did not change with changes in actual experience, unless a loss recognition event occurred. These “locked-in” assumptions included mortality, morbidity, persistency, maintenance expenses and investment returns, and included margins for adverse deviation to reflect uncertainty given that actual experience might deviate from these assumptions. A loss recognition event occurred when there was a shortfall between the carrying amount of future policy benefit liabilities, net of DAC, and what the future policy benefit liabilities, net of DAC, would be when applying updated current assumptions. When we determined a loss recognition event had occurred, we first reduced any DAC related to that block of business through amortization of acquisition expense, and after DAC was depleted, we recorded additional liabilities through a charge to Policyholder benefits. Groupings for loss recognition testing were consistent with our manner of acquiring, servicing and measuring the profitability of the business and applied by product groupings. We performed separate loss recognition tests for traditional life products, payout annuities and long-term care products. Our policy was to perform loss recognition testing net of reinsurance. Once loss recognition had been recorded for a block of business, the old assumption set was replaced, and the assumption set used for the loss recognition would then be subject to the lock-in principle. Investment-oriented contracts: Certain policy acquisition costs and policy issuance costs related to investment-oriented contracts, for example universal life, variable and fixed annuities, and fixed index annuities, were deferred and amortized, with interest, in relation to the incidence of EGPs to be realized over the estimated lives of the contracts. EGPs were affected by a number of factors, including levels of current and expected interest rates, net investment income and spreads, net realized gains and losses, fees, surrender rates, mortality experience, policyholder behavior experience and equity market returns and volatility. In each reporting period, current period amortization expense was adjusted to reflect actual gross profits. If the assumptions used for estimating gross profit changed significantly, DAC was recalculated using the new assumptions, including actuarial assumptions such as mortality, lapse, benefit utilization, and premium persistency, and any resulting adjustment was included in income. If the new assumptions indicated that future EGPs were higher than previously estimated, DAC was increased resulting in a decrease in amortization expense and increase in income in the current period; if future EGPs were lower than previously estimated, DAC was decreased resulting in an increase in amortization expense and decrease in income in the current period. Updating such assumptions may result in acceleration of amortization in some products and deceleration of amortization in other products. DAC was grouped consistent with the manner in which the insurance contracts were acquired, serviced and measured for profitability and was reviewed for recoverability based on the current and projected future profitability of the underlying insurance contracts. To estimate future EGPs for variable life and annuity products, a long-term annual asset growth assumption was applied to determine the future growth in assets and related asset-based fees. In determining the asset growth rate, the effect of short-term fluctuations in the equity markets was partially mitigated through the use of a “reversion to the mean” methodology for variable annuities, whereby short-term asset growth above or below long-term annual rate assumptions impacted the growth assumption applied to the five-year period subsequent to the current balance sheet date. The reversion to the mean methodology allowed us to maintain our long-term growth assumptions, while also giving consideration to the effect of actual investment performance. When actual performance significantly deviated from the annual long-term growth assumption, as evidenced by growth assumptions in the five-year reversion to the mean period falling below a certain rate (floor) or rising above a certain rate (cap) for a sustained period, judgment was applied to revise or “unlock” the growth rate assumptions to be used for both the five-year reversion to the mean period as well as the long-term annual growth assumption applied to subsequent periods. Value of Business Acquired (“VOBA”) is determined at the time of acquisition and is reported in the Condensed Consolidated Balance Sheets with DAC. This value is based on the present value of future pre-tax profits discounted at yields applicable at the time of purchase. VOBA was amortized, consistent with DAC, i.e., over the premium paying period or in relation to the EGPs. Unrealized Appreciation (Depreciation) of Investments: DAC related to investment-oriented contracts was also adjusted to reflect the effect of unrealized gains or losses on fixed maturity securities available for sale on EGPs, with related changes recognized through OCI. The adjustment was made at each balance sheet date, as if the securities had been sold at their stated aggregate fair value and the proceeds reinvested at current yields. Similarly, for long-duration traditional insurance contracts, if the assets supporting the liabilities were in a net unrealized gain position at the balance sheet date, loss recognition testing assumptions were updated to exclude such gains from future cash flows by reflecting the impact of reinvestment rates on future yields. If a future loss was anticipated under this basis, any additional shortfall indicated by loss recognition tests was recognized as a reduction in OCI. Similar to other loss recognition on long-duration insurance contracts, such shortfall is first reflected as a reduction in DAC and secondly as an increase in liabilities for Future policy benefits. The change in these adjustments, net of tax, was included with the change in net unrealized appreciation of investments that is credited or charged directly to OCI. Internal Replacements of Long-duration and Investment-oriented Products: For some products, policyholders can elect to modify product benefits, features, rights or coverages by exchanging a contract for a new contract or by amendment, endorsement, or rider to a contract, or by the election of a feature or coverage within a contract. These transactions are known as internal replacements. If the modification does not substantially change the contract, we do not change the accounting and amortization of existing DAC and related actuarial balances. If an internal replacement represents a substantial change, the original contract is considered to be extinguished and any related DAC or other policy balances are charged or credited to income, and any new deferrable costs associated with the replacement contract are deferred. Subsequent to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard DAC for all contracts, except VOBA is determined at the time of acquisition and is reported in the Condensed Consolidated Balance Sheets with DAC. This value is based on the present value of future pre-tax profits discounted at yields applicable at the time of purchase. VOBA is amortized, consistent with DAC, i.e., over the life of the business on a constant level basis. Internal Replacements of Long-duration and Investment-oriented Products: the accounting of internal replacements has generally not been impacted by the adoption of LDTI. The following table presents the transition rollforward for DAC: Individual Group Life Institutional Total (in millions) Pre-adoption December 31, 2020 DAC balance $ 2,426 $ 560 $ 4,229 $ 26 $ 7,241 Adjustments for the removal of related balances in Accumulated other comprehensive income originating from unrealized gains (losses) 2,050 533 544 7 3,134 Post-adoption January 1, 2021 DAC balance $ 4,476 $ 1,093 $ 4,773 $ 33 $ 10,375 Prior to the adoption of LDTI, DAC for investment-oriented products included the effect of unrealized gains or losses on fixed maturity securities classified as available for sale. At the transition date, these adjustments were removed with a corresponding offset in AOCI. As the available for sale portfolio was in an unrealized gain position as of the transition date, the adjustment for removal of related balances in AOCI originating from unrealized gains (losses) balances were reducing DAC. The following table presents the transition rollforward for value of business acquired for long-duration contracts: Individual Group Life Total (in millions) Pre-adoption December 31, 2020 VOBA balance $ 3 $ 1 $ 118 $ 122 Adjustments for the removal of related balances in accumulated other comprehensive income originating from unrealized gains (losses) — — 3 3 Post-adoption January 1, 2021 VOBA balance $ 3 $ 1 $ 121 $ 125 Prior to the adoption of LDTI, VOBA for investment-oriented products included the effect of unrealized gains or losses on fixed maturity securities classified as available for sale. At the transition date, these adjustments were removed with a corresponding offset in AOCI. As the available for sale portfolio was in an unrealized gain position as of the transition date, the adjustment for removal of related balances in AOCI originating from unrealized gains (losses) balances were reducing VOBA. The following table presents a rollforward of deferred policy acquisition costs related to long-duration contracts for the three months periods ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 Individual Group Life Institutional Total (in millions) Balance, beginning of year $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 187 21 107 4 319 Amortization expense (137) (21) (93) (2) (253) Other, including foreign exchange — — 13 — 13 Balance, end of period $ 4,693 $ 1,060 $ 4,745 $ 53 $ 10,551 Value of Business Acquired 1 1 88 — 90 Deferred policy acquisition costs and value of business acquired $ 4,694 $ 1,061 $ 4,833 $ 53 $ 10,641 Three Months Ended March 31, 2022 Individual Group Life Institutional Total (in millions) Balance, beginning of year $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 Capitalization 143 14 100 3 260 Amortization expense (119) (19) (101) (1) (240) Other, including foreign exchange — — (18) (1) (19) Balance, end of period $ 4,628 $ 1,073 $ 4,746 $ 39 $ 10,486 Value of Business Acquired 2 1 105 — 108 Deferred policy acquisition costs and value of business acquired $ 4,630 $ 1,074 $ 4,851 $ 39 $ 10,594 The following table presents a rollforward of value of business acquired for the three months periods ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Individual Group Life Total Individual Group Life Total (in millions) Balance, beginning of year $ 3 $ 1 $ 87 $ 91 $ 3 $ 1 $ 109 $ 113 Amortization expense — — (3) (3) — — — (3) (3) Other, including foreign exchange (2) — 4 2 (1) — (1) (2) Balance, end of period $ 1 $ 1 $ 88 $ 90 $ 2 $ 1 $ — $ 105 $ 108 DEFERRED SALES INDUCEMENTS We offer deferred sales inducements (“DSI”) which include enhanced crediting rates or bonus payments to contract holders (bonus interest) on certain annuity and investment contract products. To qualify for such accounting treatment as an asset, the bonus interest must be explicitly identified in the contract at inception. We must also demonstrate that such amounts are incremental to amounts we credit on similar contracts without bonus interest and are higher than the contracts’ expected ongoing crediting rates for periods after the bonus period. DSI is reported in Other assets, while amortization related to DSI is recorded in Interest credited to policyholder account balances. Prior to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard DSI amounts were deferred and amortized over the life of the contract in relation to the incidence of EGPs to be realized over the estimated lives of the contracts. DSI was adjusted for the effect on EGPs of unrealized gains and losses on available-for-sale securities, with related changes recognized through OCI. Subsequent to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard DSI amounts are deferred and amortized on a constant level basis over the life of the contract consistent with DAC, changes in future assumptions (e.g., expected duration of contracts) are applied by adjusting the amortization rate prospectively rather than through a retrospective catch up adjustment. The Company has elected to implicitly account for actual experience, whether favorable or unfavorable, in its amortization expense each period, consistent with DAC. The following table presents the transition rollforward for deferred sales inducement assets for long-duration contracts: (in millions) Individual Group Total Pre-adoption December 31, 2020 deferred sales inducement assets balance $ 194 $ 91 $ 285 Adjustments for the removal of related balances in Accumulated other comprehensive income originating from unrealized gains (losses) 282 114 396 Post-adoption January 1, 2021 deferred sales inducement asset balance $ 476 $ 205 $ 681 Prior to the adoption of LDTI, deferred sales inducements for investment-oriented products included the effect of unrealized gains or losses on fixed maturity securities classified as available-for-sale. At the transition date, these adjustments were removed with a corresponding offset in AOCI. As the available for sale portfolio was in an unrealized gain position as of the transition date, the adjustment for removal of related balances in AOCI originating from unrealized gains (losses) balances were reducing DSI. The following table presents a rollforward of deferred sales inducement assets related to long-duration contracts for the three months periods ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 Capitalization 2 — 2 2 — 2 Amortization expense (14) (3) (17) (13) (4) (17) Balance, end of period $ 369 $ 174 $ 543 $ 417 $ 187 $ 604 Other reconciling items* 2,145 2,092 Other assets, including restricted cash $ 2,688 $ 2,696 * Other reconciling items include prepaid expenses, goodwill, intangible assets and any similar items.

Insurance Liabilities

Insurance Liabilities	3 Months Ended
	Mar. 31, 2023
Insurance [Abstract]
Insurance Liabilities	11. Insurance Liabilities FUTURE POLICY BENEFITS Future policy benefits primarily include reserves for traditional life and annuity payout contracts, which represent an estimate of the present value of future benefits less the present value of future net premiums. Included in Future policy benefits are liabilities for annuities issued in structured settlement arrangements whereby a claimant receives life contingent payments over their lifetime. Also included are pension risk transfer arrangements whereby an upfront premium is received in exchange for guaranteed retirement benefits. All payments under these arrangements are fixed and determinable with respect to their amounts and dates. Prior to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard Future policy benefits for traditional and limited pay contracts were reserved using actuarial assumptions locked-in at contract issuance. These assumptions were only updated when a loss recognition event occurred. Also included in Future policy benefits, were reserves for contracts in loss recognition, including the adjustment to reflect the effect of unrealized gains on fixed maturity securities available for sale with related changes recognized through OCI. Future policy benefits also included certain guaranteed benefits of annuity products that were not considered embedded derivatives. Subsequent to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard For traditional and limited pay long-duration products, benefit reserves are accrued and benefit expense is recognized using a net premium reserve (“NPR”) methodology for each annual cohort of business. This NPR method incorporates periodic retrospective revisions to the NPR to reflect updated actuarial assumptions and variances in actual versus expected experience. The Future policy benefit liability is accrued by multiplying the gross premium recognized in each period by the net premium ratio. The net premium is equal to the portion of the gross premium required to provide for all benefits and certain expenses and may not exceed 100%. Benefits in excess of premiums are expensed immediately through Policyholder benefits. In addition, periodic revisions to the NPR below 100% may result in reclassification between the benefit reserves and deferred profit liability for limited pay contracts. Insurance contracts are aggregated into annual cohorts for the purposes of determining the Liability for future policy benefits (“LFPB”), but are not aggregated across segments. These annual cohorts may be further segregated based on product characteristics, or to distinguish business reinsured from non-reinsured business or products issued in different functional currencies. The assumptions used to calculate the future policy benefits include discount rates, persistency and recognized morbidity and mortality tables modified to reflect the Company's experience. The current discount rate assumption for the liability for future policy benefits is derived from market observable yields on upper-medium-grade fixed income instruments. The Company uses an external index as the source of the yields on these instruments for the first 30 years. For years 30 to 50, the yield is derived using market observable credit spreads. Yields for years 50 to 100 are extrapolated using a flat forward approach, maintaining a constant forward spread through the period. The current discount rate assumption is updated quarterly and used to remeasure the liability at the reporting date, with the resulting change in the discount rate reflected in OCI. The method for constructing and applying the locked-in discount rate assumptions on newly issued business is determined based on factors such as product characteristics and the expected timing of cash flows. This discount rate assumption is derived from market observable yields on upper-medium-grade fixed income instruments. Similar to the current discount rate assumption, the Company may employ conversion and interpolation methodologies when necessary. The applicable interest accretion is reflected in Policyholder benefits in the Condensed Consolidated Statements of Income (Loss). The following table presents the transition rollforward of the liability for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 liability for future policy benefits balance $ 1,309 $ 282 $ 11,129 $ 11,029 $ 22,206 $ 45,955 Adjustments for the reclassification to the deferred profit liability (65) (8) — (766) (859) (1,698) Change in cash flow assumptions and effect of net premiums exceeding gross premiums (14) 2 16 4 55 63 Effect of the remeasurement of the liability at a current single A rate 156 63 2,977 1,655 7,611 12,462 Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other (63) (60) 4 (292) — (411) Post-adoption January 1, 2021 liability for future policy benefits balance $ 1,323 $ 279 $ 14,126 $ 11,630 $ 29,013 $ 56,371 Adjustments for the reclassification between the liability for future policy benefits and deferred profit liability represent changes in the net premium ratios that are less than 100% at transition for certain limited pay cohorts, resulting in a reclassification between the two liabilities, with no impact on Retained earnings. Adjustments for changes in cash flow assumptions represents revised net premium ratios in excess of 100% for certain cohorts at transition, with an offset to Retained earnings. Prior to adoption, loss recognition for traditional products was adjusted for the effect of unrealized gains on fixed maturity securities available for sale. At the transition date, these adjustments were removed with a corresponding offset in AOCI. The effect of the remeasurement at the current single A rate is reported at the transition date and each subsequent balance sheet date, with an offset in AOCI.

Market Risk Benefits

Market Risk Benefits	3 Months Ended
	Mar. 31, 2023
Insurance [Abstract]
Market Risk Benefits	12. Market Risk Benefits MRBs are defined as contracts or contract features that both provide protection to the contract holder from other-than-nominal capital market risk and expose Corebridge to other-than nominal capital market risk. The MRB is an amount that a policyholder receives in addition to the account balance upon the occurrence of a specific event or circumstance, such as death, annuitization, or periodic withdrawal that involves protection from other-than-nominal capital market risk. Certain contract features, such as GMWBs, GMDBs and GMIBs commonly found in variable, fixed index and fixed annuities, are MRBs. MRBs are assessed at contract inception using a non-option method involving attributed fees that results in an initial fair value of zero or an option method that results in a fair value greater than zero. MRBs are recorded at fair value, and Corebridge applies a non-option attributed fee valuation method for variable products, and an option-based valuation method (host offset) for both fixed index and fixed products. Under the non-option valuation method, the attributed fee is determined at contract inception; it cannot exceed the total contract fees and assessments collectible from the contract holder and cannot be less than zero. Investment margin is excluded from the attributed fee determination. Under the option-based valuation method, an offset to the host amount related to the MRB amount is established at inception. Changes in the fair value of MRBs are recorded in net income in Changes in the fair value of Market Risk Benefits, net and the portion of the fair value change attributable to instrument-specific credit risk, is recognized in OCI. MRBs are derecognized when the underlying contract is surrendered, a GMDB is incurred, a GMIB is annuitized, or when the account value is exhausted on a policy with a GMWB . When a policyholder elects to annuitize a GMIB rider or the account value on a policy with a GMWB rider is reduced to zero, the policy is converted to a payout annuity automatically. When a conversion occurs, the policyholder is issued a new payout annuity contract. At this point, the MRB is derecognized, and a LFPB is established for the payout annuity. Assumptions used to determine the MRB asset (including ceded MRBs) or liability generally include mortality rates that are based upon actual experience modified to allow for variations in policy form; lapse rates that are based upon actual experience modified to allow for variations in policy features; and investment returns, based on stochastically generated scenarios. We evaluate at least annually estimates used to determine the MRB asset or liability and adjust the balance, with a related charge or credit to Change in fair value of MRBs, net, if actual experience or other evidence suggests that earlier assumptions should be revised. In addition, MRBs are valued such that the current provision for nonperformance risk is reflected in the claims cash flows of the asset or liability valuation for direct MRBs. The nonperformance risk spread at contract issue is locked-in. The difference between the MRB valued using the at issue nonperformance risk spread and the current nonperformance risk spread is reported through OCI, while changes in the counterparty credit risk related to ceded MRBs are reported in income. Changes in the fair value of MRBs, net represents changes in the fair value of market risk benefit liabilities and assets (with the exception of instrument-specific credit risk changes), and includes attributed rider fees and benefits, net of changes in the fair value of derivative instruments and fixed maturity securities that are used to economically hedge market risk from the VA GMWB riders. The following table presents the transition rollforward of MRBs: Individual Group Total (in millions) Pre-adoption December 31, 2020 carrying amount for features now classified as MRBs $ — $ — $ — Adjustment for the reclassification of the embedded derivative liability from policyholder contract deposits, net of the host adjustment(s) (a) 5,894 577 6,471 Adjustment for the reclassification of additional liabilities from Future policy benefits (b) 1,356 219 1,575 Adjustments for the cumulative effect of the changes in the instrument - specific credit risk between the original contract issuance date and the transition date (c) 2,140 187 2,327 Adjustment for the removal of related balances in Accumulated other comprehensive income originating from unrealized gains (losses) (d) (516) (89) (605) Adjustment for the remaining difference (exclusive of the instrument-specific credit risk change and host contract adjustments) between previous carrying amount and fair value measurement for the MRB (e) (1,275) (92) (1,367) Post-adoption January 1, 2021 carrying amount for features now classified as MRBs $ 7,599 $ 802 $ 8,401 (a) Adjustments for the reclassification from Policyholder contract deposits represents certain contract guarantees (e.g., GMWBs) that were previously classified as embedded derivatives, but have been reclassified as MRBs as of January 1, 2021, and the related host impact. The impact on Retained earnings or AOCI resulting from the simultaneous remeasurement of the guarantee as a market risk benefit is reflected in the lines below. (b) Adjustments for the reclassification from Future policy benefits represents contract guarantees (e.g., GMDBs) that were previously classified as insurance liabilities within Future policy benefits, but have been reclassified as MRBs as of January 1, 2021. The impact on Retained earnings or AOCI resulting from the simultaneous remeasurement of the guarantee as a market risk benefit is reflected in the lines below. (c) Adjustments for the cumulative effect of the changes in the instrument-specific credit risk between the original contract issuance date and the transition date are recognized in AOCI. (d) Adjustment for the removal of related balances in AOCI income originating from unrealized gains (losses) with an offset to AOCI relate to the additional liabilities reclassified from Future policy benefits in the line above. (e) Adjustment for the remaining difference represents the measurement of MRBs at fair value, excluding the impact of instrument-specific credit risk with an offset to Retained earnings. The following is a reconciliation of MRBs by amounts in an asset position and in liability position to the MRB amounts in the Condensed Consolidated Balance Sheets at transition: Individual Group Total (in millions) Market risk benefit in an asset position $ 176 $ — $ 176 Reinsured market risk benefit 162 — 162 Market Risk Benefit assets, at fair value $ 338 $ — $ 338 Market Risk Benefit liabilities, at fair value 7,937 802 8,739 Market risk benefit, net, January 1, 2021 $ 7,599 $ 802 $ 8,401 The following table presents the balances of and changes in market risk benefits: Three Months Ended March 31, 2023 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 3,738 $ 296 $ 4,034 Balance, beginning of year, before effect of changes in instrument-specific credit risk 3,297 272 3,569 Issuances 191 9 200 Interest accrual 38 4 42 Attributed fees 235 17 252 Expected claims (25) (1) (26) Effect of changes in interest rates 478 46 524 Effect of changes in interest rate volatility (73) (4) (77) Effect of changes in equity markets (391) (36) (427) Effect of changes in equity index volatility 16 (3) 13 Actual outcome different from model expected outcome 72 1 73 Effect of changes in other future expected assumptions (94) (18) (112) Other, including foreign exchange 1 — 1 Balance, end of period, before effect of changes in instrument-specific credit risk 3,745 287 4,032 Effect of changes in the instrument-specific credit risk 339 32 371 Balance, end of period 4,084 319 4,403 Less: Reinsured MRB, end of period (89) — (89) Net Liability Balance after reinsurance recoverable $ 3,995 $ 319 $ 4,314 Net amount at risk GMDB only $ 1,307 $ 266 $ 1,573 GMWB only $ 63 $ 5 $ 68 Combined * $ 1,726 $ 31 $ 1,757 Weighted average attained age of contract holders 71 64 Three Months Ended March 31, 2022 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 6,452 $ 582 $ 7,034 Balance, beginning of year, before effect of changes in instrument-specific credit risk 4,518 415 4,933 Issuances 40 5 45 Interest accrual 39 6 45 Attributed fees 197 19 216 Expected claims (13) — (13) Effect of changes in interest rates (1,381) (125) (1,506) Effect of changes in interest rate volatility 172 13 185 Effect of changes in equity markets 387 16 403 Effect of changes in equity index volatility (2) 1 (1) Actual outcome different from model expected outcome 105 16 121 Other, including foreign exchange 1 (3) (2) Balance, end of period before effect of changes in instrument-specific credit risk 4,063 363 4,426 Effect of changes in the instrument-specific credit risk 1,027 82 1,109 Balance, end of period 5,090 445 5,535 Less: Reinsured MRB, end of period (120) — (120) Net Liability Balance after reinsurance recoverable $ 4,970 $ 445 $ 5,415 Net amount at risk GMDB only $ 903 $ 186 $ 1,089 GMWB only $ 264 $ 30 $ 294 Combined * $ 752 $ 16 $ 768 Weighted average attained age of contract holders 70 63 * Certain contracts contain both guaranteed GMDB and GMWB features and are modeled together for the purposes of calculating the MRB. The following is a reconciliation of MRBs by amounts in an asset position and in a liability position to the MRBs amount in the Condensed Consolidated Balance Sheets: March 31, 2023 March 31, 2022 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 685 $ 4,680 $ 3,995 $ 524 $ 5,494 $ 4,970 Group Retirement 145 464 319 142 587 445 Total $ 830 $ 5,144 $ 4,314 $ 666 $ 6,081 $ 5,415 * Cash flows and attributed fees for MRBs are determined on a policy level basis and are reported based on their asset or liability position at the balance sheet date. For additional information related to fair value measurements of MRBs, see Note 4. ANNUITY GUARANTEES Annuity contracts may include certain contractually guaranteed benefits to the contract holder. These guaranteed features include GMDBs that are payable in the event of death and living benefits that are payable when partial withdrawals exhaust a policy’s account value, in the event of annuitization, or, in other instances, at specified dates during the accumulation period. Living benefits primarily include GMWB. A variable annuity contract may include more than one type of guaranteed benefit feature; for example, it may have both a GMDB and a GMWB. However, a policyholder can only receive payout from one guaranteed feature on a contract containing a death benefit and a living benefit, i.e., the features are mutually exclusive (except a surviving spouse who has a rider to potentially collect both a GMDB upon their spouse’s death and a GMWB during their lifetime). A policyholder cannot purchase more than one living benefit on one contract. The net amount at risk for each feature is calculated irrespective of the existence of other features; as a result, the net amount at risk for each feature is not additive to that of other features. Guaranteed Benefits on Variable Annuities Depending on the contract, the GMDB feature may provide a death benefit of either (a) total deposits made to the contract, less any partial withdrawals plus a minimum return (and in rare instances, no minimum return), (b) return of premium whereby the benefit is the greater of the current account value or premiums paid less any partial withdrawals, (c) rollups whereby the benefit is the greater of current account value or premiums paid (adjusted for withdrawals) accumulated at contractually specified rates up to specified ages, or (d) the highest contract value attained, typically on any anniversary date less any subsequent withdrawals following the contract anniversary. GMDB is our most widely offered benefit. The liability for GMDB, which is recorded in MRBs represents the expected value of benefits discounted at-inception non-performance risk spreads in excess of the projected account value through change in fair value MRBs, net. The net amount at risk for the GMDB feature represents the amount of guaranteed benefits in excess of account value if all policyholders died. Certain of our variable annuity contracts contain optional GMWBs and, to a lesser extent, GMABs. GMWBs related to variable annuity contracts are recorded and are accounted for as MRBs measured at fair value, with changes in the fair value (excluding changes in instrument-specific credit risk) recorded in Change in the fair value of MRBs, net. The net amount at risk for the GMWB represents benefits in excess of the account value at the balance sheet assuming the utilization of all benefits by the contract holders at the balance sheet date. Guaranteed Benefits on Fixed Index and Fixed Annuities Certain of our fixed annuity and fixed index annuity contracts, which are not offered through separate accounts, contain optional GMWB. With a GMWB, the contract holder can monetize the excess of the guaranteed amount over the account value of the contract through a series of withdrawals that do not exceed a specific percentage per year of the guaranteed amount. Once the account value is exhausted, the contract holder will receive a series of annuity payments equal to the remaining guaranteed amount; for lifetime GMWB products, the annuity payments continue as long as the covered person(s) is living. The liability for GMWB benefits in fixed annuity and fixed index annuity contracts, which are recorded in MRBs, represents the expected value of benefits in excess of the projected account value, with the excess (excluding changes in instrument-specific credit risk) recognized at fair value through Change in the fair value of MRBs, net. The liability for all of our GMWB benefits in fixed annuity and fixed index annuity contracts are accounted for as MRBs. For a discussion of the fair value measurement of guaranteed benefits that are accounted for as MRBs, see Note 4.

Separate Account Assets and Lia

Separate Account Assets and Liabilities	3 Months Ended
	Mar. 31, 2023
Insurance [Abstract]
Separate Account Assets and Liabilities	13. Separate Account Assets and Liabilities We report variable contracts within the separate accounts when investment income and investment gains and losses accrue directly to, and investment risk is borne by, the contract holder and the separate account meets additional accounting criteria to qualify for separate account treatment. The assets supporting the variable portion of variable annuity and variable universal life contracts that qualify for separate account treatment are carried at fair value and are reported as separate account assets, with an equivalent summary total reported as separate account liabilities. The assets of insulated accounts are legally segregated and are not subject to claims that arise from any of our other businesses. Policy values for variable products and investment contracts are expressed in terms of investment units. Each unit is linked to an asset portfolio. The value of a unit increases or decreases based on the value of the linked asset portfolio. The current liability at any time is the sum of the current unit value of all investment units in the separate accounts, plus any liabilities for MRBs. Amounts assessed against the policyholders for mortality, administrative and other services are included in policy fees. Investment performance (including investment income, net investment gains (losses) and changes in unrealized gains (losses)) and the corresponding amounts credited to policyholders of such separate accounts are offset within the same line in the Condensed Consolidated Statements of Income (Loss). For discussion of the fair value measurement of guaranteed benefits that are accounted for as MRBs, see Note 4. Account balances of variable annuity contracts were invested in Separate account investment options as follows: March 31, 2023 March 31, 2022 (in millions) Individual Retirement Group Retirement Individual Retirement Group Retirement Equity Funds $ 23,845 $ 26,433 $ 26,931 $ 30,844 Bond Funds 3,915 3,571 4,401 4,176 Balanced Funds 17,818 5,254 21,402 5,866 Money Market Funds 718 534 604 456 Total* $ 46,296 $ 35,792 $ 53,338 $ 41,342 * Excludes Separate account balances related to fixed annuities for Individual Retirement and Group Retirement, Life Insurance and Institutional Markets. The following table presents the balances and changes in Separate account liabilities: Three Months Ended March 31, 2023 Individual Retirement Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Premiums and deposits 451 360 9 26 846 Policy charges (344) (110) (12) (24) (490) Surrenders and withdrawals (844) (669) (6) (404) (1,923) Benefit payments (215) (130) (1) (54) (400) Investment performance 2,131 2,186 53 99 4,469 Net transfers from (to) general account 73 (77) (1) 6 1 Other charges — (1) — 2 1 Separate accounts balance, end of period $ 46,430 $ 35,920 $ 841 $ 4,166 $ 87,357 Cash surrender value * $ 45,388 $ 35,726 $ 794 $ 4,168 $ 86,076 Three Months Ended March 31, 2022 Individual Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 57,927 $ 45,138 $ 1,044 $ 5,002 $ 109,111 Premiums and deposits 758 440 10 30 1,238 Policy charges (321) (127) (13) (25) (486) Surrenders and withdrawals (934) (696) (6) (20) (1,656) Benefit payments (255) (144) (2) (5) (406) Investment performance (3,718) (2,992) (73) (87) (6,870) Net transfers from (to) general account 44 (134) — 8 (82) Other charges (1) 1 — 1 1 Separate accounts balance, end of period $ 53,500 $ 41,486 $ 960 $ 4,904 $ 100,850 Cash surrender value * $ 52,334 $ 41,263 $ 949 $ 4,898 $ 99,444 * The cash surrender value represents the amount of the contract holder’s account balance distributable at the balance sheet date less applicable surrender charges. Separate account liabilities primarily represent the contract holder's account balance in separate account assets and will be equal and offsetting to total separate account assets.

Contingencies, Commitments and

Contingencies, Commitments and Guarantees	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingencies, Commitments and Guarantees	14. Contingencies, Commitments and Guarantees In the normal course of business, we enter into various contingent liabilities and commitments. Although we cannot currently quantify our ultimate liability for unresolved litigation and investigation matters, including those referred to below, it is possible that such liability could have a material adverse effect on our consolidated financial condition, consolidated results of operations or consolidated cash flows for an individual reporting period. LEGAL CONTINGENCIES Overview In the normal course of business, we are subject to regulatory and government investigations and actions, and litigation and other forms of dispute resolution in a large number of proceedings pending in various domestic and foreign jurisdictions. Certain of these matters involve potentially significant risk of loss due to potential for significant jury awards and settlements, punitive damages or other penalties. Many of these matters are also highly complex and may seek recovery on behalf of a class or similarly large number of plaintiffs. It is therefore inherently difficult to predict the size or scope of potential future losses arising from these matters. In our insurance and reinsurance operations, litigation and arbitration concerning coverage under insurance and reinsurance contracts are generally considered in the establishment of our future policy benefits. Separate and apart from the foregoing matters involving insurance and reinsurance coverage, we and our officers and directors are subject to a variety of additional types of legal proceedings brought by holders of our securities, customers, employees and others, alleging, among other things, breach of contractual or fiduciary duties, bad faith, indemnification and violations of federal and state statutes and regulations. With respect to these other categories of matters not arising out of claims for insurance or reinsurance coverage, we establish reserves for loss contingencies when it is probable that a loss will be incurred, and the amount of the loss can be reasonably estimated. In many instances, we are unable to determine whether a loss is probable or to reasonably estimate the amount of such a loss and, therefore, the potential future losses arising from legal proceedings may exceed the amount of liabilities that we have recorded in our financial statements covering these matters. While such potential future charges could be material, based on information currently known to management, management does not believe, other than as may be discussed below, that any such charges are likely to have a material adverse effect on our financial position or results of operations. We estimate that our range of reasonably possible loss in excess of the aggregate amount we have accrued for probable losses is not material. Additionally, from time to time, various regulatory and governmental agencies review our transactions and practices in connection with industry-wide and other inquiries or examinations into, among other matters, the business practices of current and former operating subsidiaries. Such investigations, inquiries or examinations could develop into administrative, civil or criminal proceedings or enforcement actions, in which remedies could include fines, penalties, restitution or alterations in our business practices, and could result in additional expenses, limitations on certain business activities and reputational damage. Yearly Renewable Term Agreements Certain of our reinsurers have sought rate increases on certain YRT agreements. We are disputing the requested rate increases under these agreements. Certain reinsurers with whom we have disputes have initiated arbitration proceedings against us, and others may initiate them in the future. To the extent reinsurers have sought retroactive premium increases, we have accrued our current estimate of probable loss with respect to these matters. For additional information, see Note 7. Moriarty Litigation Effective January 1, 2013, the California legislature enacted AB 1747 (the “Act”), which amended the Insurance Code to mandate that life insurance policies issued and delivered in California contain a 60-day grace period during which time the policies must remain in force after a premium payment is missed, and that life insurers provide both a 30-day minimum notification of lapse and the right of policy owners to designate a secondary recipient for lapse and termination notices. Following guidance from the California Department of Insurance and certain industry trade groups, American General Life Insurance Company (AGL) interpreted the Act to be prospective in nature, applying only to policies issued and delivered on or after the Act’s January 1, 2013, effective date. On July 18, 2017, AGL was sued in a putative class action captioned Moriarty v. American General Life Insurance Company, No. 17-cv-1709 (S.D. Cal.), challenging AGL’s prospective application of the Act. Plaintiff’s complaint, which is similar to complaints filed against other insurers, argues that policies issued and delivered prior to January 1, 2013, like the $1 million policy issued to Plaintiff’s husband do not lapse—despite nonpayment of premiums—if the insurer has not complied with the Act’s terms. On August 30, 2021, the California Supreme Court issued an opinion in McHugh v. Protective Life Insurance, 12 Cal. 5th 213 (2021), ruling that the Act applies to all policies in force on January 1, 2013, regardless of when the policies were issued. On February 7, 2022, Plaintiff filed motions for summary judgment and class certification; AGL opposed both motions and filed its own motion for partial summary judgment. On July 26, 2022, the District Court granted in part and denied in part AGL’s motion for partial summary judgment, and on September 7, 2022, the District Court denied Plaintiff's motion for summary judgment. In the summary judgment decisions, the District Court declined to adopt Plaintiff's theory that a failure to comply with the Act necessitates payment of policy benefits or to make a pre-trial determination as to AGL’s liability. On September 27, 2022, the District Court denied Plaintiff’s motion for class certification without prejudice. The District Court declined to certify Plaintiff’s proposed class consisting of claims for monetary damages and equitable relief, but indicated that Plaintiff could seek the certification of a narrower class consisting only of claims for monetary damages. The District Court indicated, however, that it has “substantial concerns” as to whether individual issues such as actual damages and causation would predominate, precluding class certification. While the District Court had initially set a trial date for February 7, 2023, it since vacated that date and indicated that it will set a new trial date in due course, following consultation with the parties. Subsequently, the case was reassigned to a new judge and a status conference has been set for May 10, 2023. Proceedings are ongoing in other California cases that raise similar industry-wide issues, including in the McHugh case on remand from the California Supreme Court, in which the California Court of Appeal rendered an unpublished opinion on October 10, 2022 that also declined to hold that failure to comply with the Act automatically necessitates payment of policy benefits. We have accrued our current estimate of probable loss with respect to this litigation. OTHER COMMITMENTS In the normal course of business, we enter into commitments to invest in limited partnerships, private equity funds and hedge funds and to purchase and develop real estate in the United States and abroad. These commitments totaled $4.6 billion at March 31, 2023. GUARANTEES Asset Dispositions We are subject to guarantees and indemnity arrangements in connection with the completed sales of businesses. The various arrangements may be triggered by, among other things, declines in asset values; the occurrence of specified business contingencies; the realization of contingent liabilities; developments in litigation; or breaches of representations, warranties or covenants provided by us. These arrangements are typically subject to various time limitations, defined by the contract or by operation of law, such as statutes of limitations. In some cases, the maximum potential obligation is subject to contractual limitations, while in other cases such limitations are not specified or are not applicable. We are unable to develop a reasonable estimate of the maximum potential payout under certain of these arrangements. Overall, we believe that it is unlikely we will have to make any material payments related to completed sales under these arrangements, and no material liabilities related to these arrangements have been recorded in the Condensed Consolidated Balance Sheets. Guarantees provided by AIG Prior to the IPO, AIG provided certain guarantees to us as described below. Pursuant to the Separation Agreement we entered into with AIG dated September 14, 2022 (the “Separation Agreement”), we will indemnify, defend and hold harmless AIG against or from any liability arising from or related to these guarantees. Certain of our insurance subsidiaries benefit from General Guarantee Agreements under which AHAC or NUFIC has unconditionally and irrevocably guaranteed all present and future obligations arising from certain insurance policies issued by these subsidiaries (a “Guaranteed Policy” or the “Guaranteed Policies”). AHAC and NUFIC are required to perform under the agreements if one of the insurance subsidiaries fails to make payments due under a Guaranteed Policy. These General Guarantee Agreements have all been terminated as to insurance policies issued after the date of termination. AHAC and NUFIC have not been required to perform under any of the agreements but remain contingently liable for all policyholder obligations associated with the Guaranteed Policies. We did not pay any fees under these agreements for the three months ended March 31, 2023 or 2022. AGC is a party to a Capital Maintenance Agreement (“CMA”) with AIG. Among other things, the CMA provides that AIG will maintain the total adjusted capital of AGC at or above a specified minimum percentage of AGC’s projected Company Action Level Risk Based Capital. AIG did not make any capital contributions to AGC under the CMA during the three months ended March 31, 2023. As of March 31, 2023 and 2022, the specified minimum capital percentage in the CMA was 250%. AIG provides a full and unconditional guarantee of all outstanding notes and junior subordinated debentures of AIG Life Holdings, Inc (“AIGLH”). This includes: • a guarantee (the “AIGLH External Debt Guarantee”) in connection with AIGLH junior subordinated debentures and certain AIG notes (the “AIGLH External Debt”); and • a guarantee in connection with a sale-leaseback transaction in 2020. Pursuant to this transaction, AIGLH issued promissory notes to AGL with maturity dates of up to five years. These promissory notes are guaranteed by AIG for the benefit of AGL. We paid no fees for these guarantees for the three months ended March 31, 2023 or 2022. In addition to the Separation Agreement, we have entered into a guarantee reimbursement agreement with AIG which provides that we will reimburse AIG for the full amount of any payment made by or on behalf of AIG pursuant to the AIGLH External Debt Guarantee. We have also entered into a collateral agreement with AIG which provides that in the event of: (i) a ratings downgrade of Corebridge Parent or AIGLH long-term unsecured indebtedness below specified levels or (ii) the failure by AIGLH to pay principal and interest on the External Debt when due, we must collateralize an amount equal to the sum of: (i) 100% of the principal amount outstanding, (ii) accrued and unpaid interest and (iii) 100% of the net present value of scheduled interest payments through the maturity dates of the AIGLH External Debt. • For additional discussion on commitments and guarantees associated with VIEs, see Note 8. • For additional disclosures about derivatives, see Note 9.

Equity and Redeemable Noncontro

Equity and Redeemable Noncontrolling Interest	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Equity and Redeemable Noncontrolling Interest	15. Equity and Redeemable Noncontrolling Interest COREBRIDGE SHAREHOLDERS’ EQUITY Retained Earnings Dividends Declaration Date Record Date Payment Date Dividend Paid Per Common Share February 16, 2023 March 17, 2023 March 31, 2023 $ 0.23 For the three months ended 2022, Corebridge paid cash dividends of $290 million. Dividends Declared On May 8, 2023, the Company declared a cash dividend on Corebridge common stock of $0.23 per share, payable on June 30, 2023 to shareholders of record at close of business on June 16, 2023. Common Stock The following table presents a rollforward of common stock outstanding shares: Three Months Ended March 31, 2023 Common Stock Outstanding Shares, beginning of year 645,000,000 Shares issued under long-term incentive compensation plans 3,129,652 Shares repurchased — Shares, end of period 648,129,652 Accumulated Other Comprehensive Income (Loss) The following table presents a rollforward of Accumulated other comprehensive income (loss): (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in the instrument- specific risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Balance, December 31, 2022, net of tax $ (92) $ (19,380) $ (365) $ 2,908 $ 157 $ (100) $ 9 $ (16,863) Change in unrealized depreciation of investments 38 3,982 — — — — — 4,020 Change in fair value of market risk benefits attributable to changes in instrument-specific risk — — 94 — — — — 94 Change in discount rates assumptions of certain liabilities — — — (595) — — — (595) Change in future policy benefits and other — (116) — — — — — (116) Change in cash flow hedges — — — — (7) — — (7) Change in foreign currency translation adjustments — — — — — 37 — 37 Change in net actuarial loss — — — — — — 3 3 Change in deferred tax asset (liability) (8) (734) (20) 130 3 (1) (1) (631) Total other comprehensive income (loss) 30 3,132 74 (465) (4) 36 2 2,805 Noncontrolling interests — — — — — 9 — 9 Balance, March 31, 2023, net of tax $ (62) $ (16,248) $ (291) $ 2,443 $ 153 $ (73) $ 11 $ (14,067) Balance, December 31, 2021, net of tax* $ (31) $ 12,315 $ (1,659) $ (2,390) $ — $ (9) $ 7 $ 8,233 Change in unrealized depreciation of investments (64) (16,810) — — — — — (16,874) Change in fair value of market risk benefits attributable to changes in instrument-specific risk — — 992 — — — — 992 Change in discount rates assumptions of certain liabilities — — — 2,830 — — — 2,830 Change in future policy benefits and other — 797 — — — — — 797 Change in cash value hedges — — — — 224 — — 224 Change in foreign currency translation adjustments — — — — — (24) — (24) Change in deferred tax asset (liability) 13 2,637 (210) (598) (47) 1 — 1,796 Total other comprehensive income (51) (13,376) 782 2,232 177 (23) — (10,259) Noncontrolling interests — — — — — — — — Balance, March 31, 2022, net of tax $ (82) $ (1,061) $ (877) $ (158) $ 177 $ (32) $ 7 $ (2,026) * For additional disclosures related to the impact of the Targeted improvements to the Accounting for Long-Duration Contracts refer to Note 2. The following table presents the OCI reclassification adjustments for the three months ended March 31, 2023 and 2022, respectively: (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which Allowance for Credit Losses Was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in the instrument- specific risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Three Months Ended March 31, 2023 Unrealized change arising during period $ 24 $ 3,779 $ 94 $ (595) $ (7) $ 37 $ 3 $ 3,335 Less: Reclassification adjustments included in net income (14) (87) — — — — — (101) Total other comprehensive income (loss), before income tax expense (benefit) 38 3,866 94 (595) (7) 37 3 3,436 Less: Income tax expense (benefit) 8 734 20 (130) (3) 1 1 631 Total other comprehensive income (loss), net of income tax expense (benefit) $ 30 $ 3,132 $ 74 $ (465) $ (4) $ 36 $ 2 $ 2,805 Three Months Ended March 31, 2022 Unrealized change arising during period $ (64) $ (16,113) $ 992 $ 2,830 $ 224 $ (24) $ — $ (12,155) Less: Reclassification adjustments included in net income — (100) — — — — — (100) Total other comprehensive income (loss), before income tax expense (benefit) (64) (16,013) 992 2,830 224 (24) — (12,055) Less: Income tax expense (benefit) (13) (2,637) 210 598 47 (1) — (1,796) Total other comprehensive income (loss), net of income tax expense (benefit) $ (51) $ (13,376) $ 782 $ 2,232 $ 177 $ (23) $ — $ (10,259) The following table presents the effect of the reclassification of significant items out of Accumulated other comprehensive income on the respective line items in the Condensed Consolidated Statements of Income (Loss)*: Amount Reclassified from AOCI Affected Line Item in the Condensed Consolidated Statements of Income (Loss) Three Months Ended March 31, (in millions) 2023 2022 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ (14) $ — Net realized gains (losses) Total (14) — Unrealized appreciation (depreciation) of all other investments Investments (87) (100) Net realized gains (losses) Total (87) (100) Total reclassifications for the period $ (101) $ (100) NON-REDEEMABLE NONCONTROLLING INTEREST The activity in non-redeemable noncontrolling interest primarily relates to activities with consolidated investment entities. The changes in non-redeemable noncontrolling interest due to divestitures and acquisitions primarily relate to the formation and funding of new consolidated investment entities. The majority of the funding for these consolidated investment entities comes from affiliated companies of Corebridge. The changes in non-redeemable noncontrolling interest due to contributions from noncontrolling interests primarily relate to the additional capital calls related to consolidated investment entities. The changes in non-redeemable noncontrolling interest due to distributions to noncontrolling interests primarily relate to dividends or other distributions related to consolidated investment entities. The following table presents a rollforward of non-redeemable noncontrolling interest: Three Months Ended March 31, (in millions) 2023 2022 Beginning balance $ 939 $ 1,759 Net income attributable to redeemable noncontrolling interest 6 76 Other comprehensive loss, net of tax 9 — Changes in noncontrolling interests due to divestitures and acquisitions (19) — Contributions from noncontrolling interests 25 14 Distributions to noncontrolling interests (50) (280) Other — (4) Ending balance $ 910 $ 1,565 Refer to Note 8 for additional information related to Variable Interest Entities. REDEEMABLE NONCONTROLLING INTEREST The Company has launched certain investment funds which non-consolidated Corebridge affiliates participate in. Certain of these funds are redeemable at the option of the holder and thus are accounted for as mezzanine equity. As of December 31, 2022 the Company has sold the remaining portion of the redeemable funds. The following table presents a rollforward of redeemable noncontrolling interest: Three Months Ended March 31, (in millions) 2022 Beginning balance $ 83 Net income attributable to redeemable noncontrolling interest (1) Ending balance $ 82

Earnings Per Common Share

Earnings Per Common Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Common Share	16. Earnings Per Common ShareThe basic earnings per common share (“EPS”) computation is based on the weighted average number of common shares outstanding, adjusted to reflect all stock splits. The diluted EPS computation is based on those shares used in the basic EPS computation plus common shares that would have been outstanding assuming issuance of common shares for all dilutive potential common shares outstanding and adjusted to reflect all stock splits, using the treasury stock method. The following table presents the computation of basic and diluted EPS for the three months ended March 31, 2023, and 2022: Three Months Ended March 31, (in millions, except per common share data) 2023 2022 Numerator for EPS: Net income (loss) $ (453) $ 3,441 Less: Net income (loss) attributable to noncontrolling interests 6 75 Net income (loss) attributable to Corebridge common shareholders $ (459) $ 3,366 Denominator for EPS (a) : Weighted average common shares outstanding - basic 650.8 645.0 Dilutive common shares (b) — — Weighted average common shares outstanding - diluted 650.8 645.0 Income per common share attributable to Corebridge common shareholders (a) Common stock - Basic $ (0.70) $ 5.22 Common stock - Diluted $ (0.70) $ 5.22 (a) The results of the September 6, 2022 stock split have been applied retroactively for all periods prior to September 6, 2022. For additional information regarding the September 6, 2022 stock split, see Note 16 of the Consolidated Financial Statements in the 2022 Annual Report. (b) Potential dilutive common shares include our share-based employee compensation plans. The number of common shares excluded from dilutive shares outstanding was approximately 2.5 million for the three months ended March 31,

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	17. Income Taxes BASIS OF PRESENTATION Prior to the IPO, Corebridge Parent and certain U.S. subsidiaries were included in the consolidated federal income tax return of AIG as well as certain state tax returns where AIG files on a combined or unitary basis. Following the IPO, AIG owns a less than 80% interest in Corebridge, resulting in tax deconsolidation of Corebridge from the AIG Consolidated Tax Group. In addition, under the tax law, AGC and its directly owned life insurance subsidiaries (the “AGC Group”) will not be permitted to join in the filing of a U.S. consolidated federal income tax return with our other subsidiaries (collectively, the “Non-Life Group”) for the five-year waiting period. Instead, the AGC Group is expected to file separately as members of the AGC consolidated U.S. federal income tax return during the five-year waiting period. Following the five-year waiting period, the AGC Group is expected to join the U.S. consolidated federal income tax return with the Non-Life Group. RECENT U.S. TAX LAW CHANGES On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (H.R. 5376), (the “Inflation Reduction Act”), which finances climate and energy provisions and an extension of enhanced subsidies under the Affordable Care Act with a 15% corporate alternative minimum tax (“CAMT”) on adjusted financial statement income for corporations with average profits over $1 billion over a three-year period, a 1% stock buyback tax, increased IRS enforcement funding, and Medicare's new ability to negotiate prescription drug prices. CAMT and the stock buyback tax are effective for tax years beginning after December 31, 2022. The tax provisions of Inflation Reduction Act are not expected to have a material impact on Corebridge’s financial results. However, the CAMT may impact our U.S. cash tax liabilities. RECLASSIFICATION OF CERTAIN TAX EFFECTS FROM AOCI We use an item-by-item approach to release the stranded or disproportionate income tax effects in AOCI related to our available-for-sale securities. Under this approach, a portion of the disproportionate tax effects is assigned to each individual security lot at the date the amount becomes lodged. When the individual securities are sold, mature or are otherwise impaired on an other-than-temporary basis, the assigned portion of the disproportionate tax effect is reclassified from AOCI to income (loss) from operations. INTERIM TAX CALCULATION METHOD We use the estimated annual effective tax rate method in computing our interim tax provision. Certain items, including those deemed to be unusual or infrequent or that cannot be reliably estimated, are excluded from the estimated annual effective tax rate. In these cases, the actual tax expense or benefit is reported in the same period as the related item. Certain tax effects are also not reflected in the estimated annual effective tax rate, primarily certain changes in uncertain tax positions and realizability of deferred tax assets, and are recorded in the period in which the change occurs. INTERIM TAX EXPENSE (BENEFIT) For the three months ended March 31, 2023, the effective tax rate on loss from operations was 32.3%. The effective tax rate on loss from operations differs from the statutory tax rate of 21% primarily due to adjustments to deferred tax assets, dividends received deduction, reclassifications from AOCI to income from operations related to the disposal of available-for-sale securities, and excess tax benefits related to share based compensation payments recorded through the income statement. These tax benefits were partially offset by the establishment of additional valuation allowance and tax charges associated with state and local income taxes. For the three months ended March 31, 2022, the effective tax rate on income from operations was 20.0%. The effective tax rate on income from operations differs from the statutory tax rate of 21% primarily due to tax benefits associated with reclassifications from AOCI to income from operations related to the disposal of available for sale securities, dividends received deduction, tax adjustments related to prior year returns, and excess tax benefits related to share based compensation payments recorded through the income statement. These tax benefits were partially offset by tax charges associated with state and local income taxes, including the establishment of a valuation allowance associated with certain state jurisdictions. For the three months ended March 31, 2023, we consider our foreign earnings with respect to certain operations in Europe to be indefinitely reinvested. These earnings relate to ongoing operations and have been reinvested in active business operations. A deferred tax liability has not been recorded for those foreign subsidiaries whose earnings are considered to be indefinitely reinvested. If recorded, such deferred tax liability would not be material to our consolidated financial condition. Deferred taxes, if necessary, have been provided on earnings of non-U.S. affiliates whose earnings are not indefinitely reinvested. ASSESSMENT OF DEFERRED TAX ASSET VALUATION ALLOWANCE The evaluation of the recoverability of our deferred tax asset and the need for a valuation allowance requires us to weigh all positive and negative evidence to reach a conclusion that it is more likely than not that all or some portion of the deferred tax asset will not be realized. The weight given to the evidence is commensurate with the extent to which it can be objectively verified. The more negative evidence that exists, the more positive evidence is necessary and the more difficult it is to support a conclusion that a valuation allowance is not needed. As discussed above, under the tax law, the AGC Group will not be permitted to join in the filing of a U.S. consolidated federal income tax return with the Non-Life Group for the five-year waiting period following the IPO. Instead, the AGC Group is expected to file separately as members of the AGC consolidated U.S. federal income tax return during this period. Following the five-year waiting period, the AGC Group is expected to join U.S. consolidated federal income tax return with the Non-Life Group. Each separate U.S. federal tax filing group or separate U.S. tax filer is required to consider this five-year waiting period when assessing realization of their respective deferred tax assets including net operating loss and tax credit carryforwards. Recent events, including the IPO, changes in target interest rates by the Board of Governors of the Federal Reserve System and significant market volatility, impacted actual and projected results of our business operations as well as our views on potential effectiveness of certain prudent and feasible tax planning strategies. In order to demonstrate the predictability and sufficiency of future taxable income necessary to support the realizability of the net operating losses and foreign tax credit carryforwards, we have considered forecasts of future income for each of our businesses, including assumptions about future macroeconomic and Corebridge-specific conditions and events, and any impact these conditions and events may have on our prudent and feasible tax planning strategies. To the extent that the valuation allowance is attributed to changes in forecast of current year taxable income, the impact is included in our estimated annualized effective tax rate. A valuation allowance related to changes in forecasts of income in future periods as well as other items not related to the current year is recorded discretely. For the three months ended March 31, 2023, we recorded an increase in valuation allowance of $16 million, attributable to current year activity. As of March 31, 2023, the balance sheet reflects a valuation allowance of $167 million related to our tax attribute carryforwards and a portion of certain other deferred tax assets that are no longer more-likely-than-not to be realized. Estimates of future taxable income, including income generated from prudent and feasible actions and tax planning strategies, impact of settlements with taxing authorities, and any changes to interpretations and assumptions related to the impact of the Inflation Reduction Act or the Tax Act could change in the near term, perhaps materially, which may require us to consider any potential impact to our assessment of the recoverability of the deferred tax asset. Such potential impact could be material to our consolidated financial condition or results of operations for an individual reporting period. For the three months ended March 31, 2023, recent changes in market conditions, including rising interest rates, impacted the unrealized tax capital gains and losses in the U.S. Life Insurance Companies’ available-for-sale securities portfolio, resulting in a deferred tax asset related to net unrealized tax capital losses. The deferred tax asset relates to the unrealized capital losses for which the carryforward period has not yet begun, and as such, when assessing its recoverability, we consider our ability and intent to hold the underlying securities to recovery. As of March 31, 2023, based on all available evidence, we concluded that a valuation allowance should be established on a portion of the deferred tax asset related to unrealized capital losses that are not more likely than not to be realized. For the three months ended March 31, 2023, we recorded a decrease in valuation allowance of $132 million associated with the unrealized tax capital losses in the U.S. Life Insurance Companies’ available-for-sale securities portfolio. As of March 31, 2023, the balance sheet reflects a valuation allowance of $1.3 billion associated with the unrealized tax capital losses in the U.S. Life Insurance Companies’ available-for-sale securities portfolio. All of the valuation allowance established was allocated to OCI. TAX EXAMINATIONS AND LITIGATION Corebridge Parent and certain U.S. subsidiaries are included in a consolidated U.S. federal income tax return with AIG through the date of IPO (short-period tax year 2022), and income tax expense is recorded, based on applicable U.S. and foreign laws. The AIG U.S. Consolidated Tax Group is currently under IRS examination for the tax years 2011 through 2019 and is continuing to engage in the appeals process for years 2007 through 2010.

Related Parties

Related Parties	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Parties	18. Related Parties RELATED PARTY TRANSACTIONS We may enter into a significant number of transactions with related parties in the normal course of business. Parties are considered to be related if one party has the ability to control or exercise significant influence over the other party in making financial or operating decisions, or if a party, directly or indirectly through one or more of its intermediaries, controls, is controlled by or is under common control with an entity. Our material transactions with related parties are described below. The table below summarizes our material revenues and expenses in connection with the transactions described below for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, (in millions) 2023 2022 Revenues: Other income $ 13 $ 31 Net investment income - excluding Fortitude Re funds withheld assets 5 (4) Total revenues $ 18 $ 27 Expenses: General operating and other expenses $ 47 $ 23 Interest expense — 38 Loss on extinguishment of debt — — Total expenses $ 47 $ 61 Related Party Transactions with AIG We have historically entered into various transactions with AIG, some of which are continuing. These transactions are described below. In addition, on September 14, 2022, we entered into a separation agreement with AIG (the “Separation Agreement”). The Separation Agreement governs the relationship between AIG and us following the IPO, including matters related to the allocation of assets and liabilities between the parties, indemnification obligations, our corporate governance, information rights for each party and consent rights of AIG with respect to certain business activities that we may undertake. Reorganization Transactions Transfer of AIG Technologies, Inc. and Eastgreen, Inc. We purchased AIGT and Eastgreen from AIG on February 28, 2022 for total consideration of $107 million. AIGT provides data processing, technology and infrastructure services to AIG entities in the United States, including management of AIG hardware and networks. AIGT utilizes two data centers to provide its services. The real estate related to the two data centers is owned by Eastgreen. To the extent needed, AIGT will continue to provide services to AIG for a transition period. Advisory Transactions Certain of our investment management subsidiaries, including AMG, AMG Europe and AIG Credit Management, LLC, provide advisory, management, allocation, structuring, planning, oversight, administration and similar services (collectively, “Investment Services”) with respect to the investment portfolios of AIG. Investment Services are provided primarily pursuant to investment management, investment advisory and similar agreements (“IMAs”), under which our subsidiaries are appointed as investment manager and are authorized to manage client investment portfolios on a fully discretionary basis, subject to agreed investment guidelines. Certain of our subsidiaries are also authorized under the IMAs to retain, oversee and direct third-party investment advisers and managers for and on behalf of these AIG clients. In some cases, Investment Services are provided through the clients’ participation in private investment funds, RMBS, CLO and other pooled investment vehicles and investment products (collectively, “Funds”) sponsored or managed by us. Separately, certain of our subsidiaries provide portfolio administration and investment planning, performance evaluation and oversight services to AIG PC International, LLC (“AIGPCI”), on a non-discretionary basis, with respect to the investment portfolios of various of AIGPCI’s non-U.S. subsidiaries. In some cases, these services are directly provided to AIGPCI’s non-US subsidiaries. We offer our Funds to AIGPCI’s non-U.S. subsidiaries. Our subsidiaries earn investment management and advisory fees under the IMAs and other service agreements, as well as management fees and carried interest distributions or similar performance-based compensation under the Funds’ operating agreements, the majority of which are based on, or calibrated to approximate, the costs of providing the services. With respect to a minority of the AIG client portfolios, which relate to assets backing risks that have been transferred to third parties, our subsidiaries earn market-based fees. Management and advisory fee income for these Investment Services and related services reflected in Other income on the Condensed Consolidated Statements of Income (Loss) was $13 million and $31 million for the three months ended March 31, 2023 and 2022, respectively. Capital Markets Agreements We receive a suite of capital markets services from AIG, including securities lending, collateral management, repurchase transactions, derivatives execution and support, and operational support services, for which we pay a fee. AIGM provides these services through various services agreements. In addition, in the ordinary course of business, we enter into OTC derivative transactions with AIGM under standard ISDA agreements. The total expenses incurred for services provided by AIGM reflected in Net investment income - excluding Fortitude Re funds withheld assets on the Condensed Consolidated Statements of Income (Loss) were $0 million and $5 million for the three months ended March 31, 2023 and 2022, respectively. The derivative assets, net of gross assets and gross liabilities after collateral were $210 million and $12 million as of March 31, 2023 and December 31, 2022, respectively. The derivative liabilities, net of gross assets and gross liabilities after collateral were $9 million and $0 million as of March 31, 2023 and December 31, 2022, respectively. The collateral posted to AIGM was $855 million and $1.5 billion as of March 31, 2023 and December 31, 2022, respectively. The collateral held by us was $338 million and $380 million as of March 31, 2023 and December 31, 2022, respectively. In addition, we entered into certain unsecured derivative transactions with AIG. The derivative assets, net of gross assets and gross liabilities after collateral were $272 million and $253 million as of March 31, 2023 and December 31, 2022, respectively. There were no derivative net liabilities as of March 31, 2023 and December 31, 2022, respectively. In relation to these derivatives, there was no collateral posted to AIG or collateral held by us as of March 31, 2023 and December 31, 2022, respectively. For further details regarding derivatives, see Note 9. General Services Agreements Pursuant to the provisions of a Service and Expense Agreement (the “AIG Service and Expense Agreement”) effective February 1, 1974, as amended, we and AIG have provided various services to each other at cost, including, but not limited to, advertising, accounting, actuarial, tax, legal, data processing, claims adjustment, employee cafeteria, office space, payroll, information technology services, capital markets services, services that support financial transactions and budgeting, risk management and compliance services, human resources services, insurance, operations and other support services. On September 14, 2022, we entered into a Transition Services Agreement (the “TSA”) with AIG regarding the continued provision of services between the Company and AIG on a transitional basis. The TSA has generally replaced the AIG Service and Expense Agreement for services provided between the parties. Amounts due to AIG under these agreements were $230 million and $311 million as of March 31, 2023 and December 31, 2022, respectively. Amounts due from AIG were $52 million and $54 million as of March 31, 2023 and December 31, 2022, respectively. The total service expenses incurred specific to these agreements reflected in General operating and other expenses on the Condensed Consolidated Statements of Income (Loss) were $47 million and $6 million for the three months ended March 31, 2023 and 2022, respectively. Reinsurance Transactions From time to time, AIG Life (United Kingdom) has entered into various coinsurance agreements with American International Reinsurance Company, Ltd., a consolidated subsidiary of AIG (“AIRCO”) as follows: • In 2018, AIG Life (United Kingdom) ceded risks to AIRCO relating to the payment of obligations of life-contingent annuity claims in the annuitization phase of the contracts on or after June 30, 2018. • In 2019 and 2020, AIG Life (United Kingdom) ceded risks to AIRCO relating to certain whole life policies issued prior to and subsequent to July 1, 2019, respectively. Reinsurance assets related to these agreements were $42 million and $70 million as of March 31, 2023 and December 31, 2022, respectively. Amounts payable to AIRCO were $29 million and $32 million as of March 31, 2023 and December 31, 2022, respectively. Ceded premiums related to these agreements were $7 million and $11 million for the three months ended March 31, 2023 and 2022, respectively. For further details of reinsurance transactions, see Note 7. Guarantees Prior to the IPO, AIG provided certain guarantees to us as described below. Pursuant to the Separation Agreement, we will indemnify, defend and hold harmless AIG against or from any liability arising from or related to these guarantees. Certain of our insurance subsidiaries benefit from General Guarantee Agreements under which AHAC or NUFIC has unconditionally and irrevocably guaranteed all present and future obligations arising from certain insurance policies issued by these subsidiaries (a “Guaranteed Policy” or the “Guaranteed Policies”). AHAC and NUFIC are required to perform under the agreements if one of the insurance subsidiaries fails to make payments due under a Guaranteed Policy. These General Guarantee Agreements have all been terminated as to insurance policies issued after the date of termination. AHAC and NUFIC have not been required to perform under any of the agreements but remain contingently liable for all policyholder obligations associated with the Guaranteed Policies. We did not pay any fees under these agreements for the three months ended March 31, 2023 and 2022. AGC is a party to a CMA with AIG. Among other things, the CMA provides that AIG will maintain the total adjusted capital of AGC at or above a specified minimum percentage of AGC’s projected Company Action Level Risk Based Capital. AIG did not make any capital contributions to AGC under the CMA during the three months ended March 31, 2023. As of March 31, 2023 and December 31, 2022, the specified minimum capital percentage in the CMA was 250%. AIG provides a full and unconditional guarantee of AIGLH Notes and Junior Subordinated Debentures. This includes: • the AIGLH External Debt Guarantee; and • a guarantee in connection with a sale-leaseback transaction in 2020. Pursuant to this transaction, AIGLH issued promissory notes to AGL with maturity dates of up to five years. These promissory notes are guaranteed by AIG for the benefit of AGL. We paid no fees for these guarantees for the three months ended March 31, 2023 and 2022. In addition to the Separation Agreement, we have entered into a guarantee reimbursement agreement with AIG which provides that we will reimburse AIG for the full amount of any payment made by or on behalf of AIG pursuant to the AIGLH External Debt Guarantee. We have also entered into a collateral agreement with AIG which provides that in the event of: (i) a ratings downgrade of Corebridge Parent or AIGLH long-term unsecured indebtedness below specified levels or (ii) the failure by AIGLH to pay principal and interest on the External Debt when due, we must collateralize an amount equal to the sum of: (i) 100% of the principal amount outstanding, (ii) accrued and unpaid interest and (iii) 100% of the net present value of scheduled interest payments through the maturity dates of the AIGLH External Debt. In addition to the guarantees above, we may provide to or receive from AIG, or to or from third-parties on behalf of AIG, customary guarantees in relation to certain lending and real estate transactions. These guarantees of certain amounts in connection with borrowings or environmental indemnifications and non-recourse carve-outs are limited to situations in which the borrower commits certain “bad acts” as defined in each applicable transaction document, including fraud or intentional misrepresentation, intentional waste or willful misconduct. As of March 31, 2023, none of these guarantees became payable. For further details regarding guarantees provided by AIG, see Note 14. Funding Arrangements Prior to September 19, 2022, we participated in funding arrangements whereby each participating subsidiary placed funds on deposit with AIG in exchange for a stated rate of interest. These funding arrangements terminated on September 19, 2022. Our receivables under these arrangements of $0.4 billion and $0.4 billion as of March 31, 2023 and December 31, 2022, respectively, were recorded in Short-term investments on the Condensed Consolidated Balance Sheets. Interest earned on these deposits, reflected in Net investment income - excluding Fortitude Re funds withheld assets on the Condensed Consolidated Statements of Income (Loss), was $5 million and $0.7 million for the three months ended March 31, 2023 and 2022, respectively. Promissory Notes In November 2021, we issued a promissory note to AIG in the amount of $8.3 billion. Interest expense incurred specific to this note reflected in Interest expense on the Condensed Consolidated Statements of Income (Loss) was $29 million for the three months ended March 31, 2022. We repaid the principal and accrued interest of this note during 2022. Purchase of Securitized Notes from AIG On September 9, 2022, certain of our insurance companies purchased from AIG senior debt issued by, as well as 100% of the ownership interests in, special purpose entities that held collateralized debt obligations for a total value of approximately $800 million. As a result of these transactions, we own all the interests related to these investments and consolidate them in our financial statements. As of December 31, 2022, we sold the underlying collateralized debt obligations. Purchase of Residential Mortgage Loans On December 23, 2022, certain Corebridge subsidiaries executed four Sale Transfer and Assignment agreements with certain AIG subsidiaries to purchase certain participation interests in residential mortgage loans. Tax Sharing Agreements On September 14, 2022, we entered into a tax matters agreement with AIG that governs the parties’ respective rights, responsibilities and obligations with respect to taxes, including the allocation of current and historic tax liabilities (whether income or non-income consolidated or stand-alone) between us and AIG (the “Tax Matters Agreement”). The Tax Matters Agreement governs, among other things, procedural matters, such as filing of tax returns, tax elections, control and settlement of tax controversies and entitlement to tax refunds and tax attributes. Prior to the IPO, Corebridge and SAFG Capital LLC were included in the consolidated federal income tax return of AIG as well as certain state tax returns where AIG files on a combined or unitary basis. There were no payments to AIG in connection with the tax sharing agreements for the three months ended March 31, 2023. There were $511 million of payments from Corebridge to AIG in connection with the tax sharing agreements for the three months ended March 31, 2022. Amounts receivable from AIG pursuant to the tax sharing agreements were $539 million and $524 million as of March 31, 2023 and December 31, 2022, respectively. Employee Compensation and Benefits Our employees participate in certain of AIG’s employee benefit programs. We had a payable of $59 million and $59 million as of March 31, 2023 and December 31, 2022, respectively, with respect to these programs. On September 14, 2022, we entered into an employee matters agreement with AIG (the “EMA”). The EMA allocates liabilities and responsibilities relating to employment matters, employee compensation and benefits plans and programs, and other related matters between us and AIG. The EMA generally provides that, unless otherwise specified, each party is responsible for liabilities associated with their current and former employees for purposes of compensation and benefit matters following the IPO. Shared-based Compensation Plans On September 6, 2022, Corebridge Parent adopted the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan (the “2022 Plan”) and the Corebridge Financial, Inc. Long-term Incentive Plan (the “LTIP,” together with the 2022 Plan, the “Plans”). Equity awards may be granted under the Plans to current employees or directors of the Company or, solely with respect to their final year of service, former employees. Equity awards under the Plans are linked to Corebridge Parent’s common stock (“CRBG Stock”). A total of 40,000,000 shares of CRBG Stock are authorized for delivery pursuant to awards granted or assumed under the Plans. Delivered shares may be newly-issued shares or shares held in treasury. Prior to the IPO, certain of our employees held restricted stock units granted by AIG Parent that were linked to AIG Parent’s common stock and subject solely to time-based vesting conditions (the “AIG RSUs”). On September 14, 2022, the AIG RSUs were converted to restricted stock units denominated in CRBG Stock (the “CRBG RSUs”) under the Plans. The CRBG RSUs have terms and conditions that are substantially the same as the corresponding AIG RSUs, with the number of shares of CRBG Stock subject to the RSUs adjusted in a manner intended to preserve their intrinsic value as of immediately before and immediately following the conversion (subject to rounding). Related Party Transactions with Blackstone We entered into a long-term asset management relationship with Blackstone to manage a portion of our investment portfolio. The investment expense incurred was $35 million and $26 million for the three months ended March 31, 2023 and 2022, respectively. Related Party Transactions with Variable Interest Entities In the ordinary course of business, we enter into various arrangements with VIEs, and we consolidate the VIE if we are determined to be the primary beneficiary. In certain situations, we may have a variable interest in a VIE that is consolidated by an affiliate, and in other instances, affiliates may have variable interests in a VIE that is consolidated by us. The total debt of consolidated VIEs held by affiliates was $257 million and $308 million as of March 31, 2023 and December 31, 2022, respectively. The interest expense incurred on the debt reflected in Interest expense on the Condensed Consolidated Statements of Income (Loss) was $7 million and $9 million for the three months ended March 31, 2023 and 2022, respectively. There were no VIEs terminated during the three months ended March 31, 2023 or 2022. The noncontrolling interest included in the Condensed Consolidated Balance Sheets related to the VIEs held by affiliates was $528 million and $537 million as of March 31, 2023 and December 31, 2022, respectively. The gain/(loss) attributable to noncontrolling interest of consolidated VIEs held by affiliates was $19 million and $33 million for the three months ended March 31, 2023 and 2022, respectively. In addition to transactions with VIEs, Corebridge has entered into other structured financing arrangements supporting real estate properties and other types of assets with other AIG affiliates. These financing arrangements are reported in Other invested assets in the Condensed Consolidated Balance Sheets. Certain of these and the VIE structures above also include commitments for funding from other AIG affiliates.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	19. Subsequent Events On May 4, 2023, our Board of Directors authorized a $1.0 billion share repurchase program. Under this program, Corebridge Parent may, from time to time, purchase up to $1.0 billion of its common stock but is not obligated to purchase any particular number of shares. Repurchases may be made through various means including open market transactions, privately negotiated transactions, forward, derivative, accelerated repurchase, or automatic share repurchase transactions, or tender offers. The authorization for the share repurchase program may be terminated, increased or decreased by the Board of Directors at any time.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Use of Estimates	USE OF ESTIMATES The preparation of financial statements in accordance with GAAP requires the application of accounting policies that often involve a significant degree of judgment. Accounting policies that we believe are most dependent on the application of estimates and assumptions are considered our critical accounting estimates and are related to the determination of: • valuation of market risk benefits (“MRBs”) related to guaranteed benefit features of variable annuity products, fixed annuity products and fixed index annuity products; • valuation of embedded derivative liabilities for fixed index annuity and index universal life products; • valuation of future policy benefit liabilities and recognition of remeasurement gains and losses; • reinsurance assets, including the allowance for credit losses; • goodwill impairment; • allowance for credit losses primarily on loans and available for sale fixed maturity securities; • fair value measurements of certain financial assets and liabilities; and • income tax assets and liabilities, including recoverability of our net deferred tax asset and the predictability of future tax operating profitability of the character necessary to realize the net deferred tax asset. These accounting estimates require the use of assumptions about matters, some of which are highly uncertain at the time of estimation. To the extent actual experience differs from the assumptions used, our consolidated financial condition, results of operations and cash flows could be materially affected.
Insurance Revenues	Insurance revenues include premiums and policy fees. All premiums and policy fees are presented net of reinsurance, as applicable. Premiums from long-duration life products, other than universal and variable life contracts, are recognized as revenues when due. Premiums from individual and group annuity contracts that are life contingent are recognized as revenues when due. For limited payment contracts, premiums are due over a significantly shorter period than the period over which benefits are provided. Prior to the adoption of LDTI on January 1, 2021, the difference between the gross premium received and the net premium was deferred and recognized in premiums in a constant relationship to insurance in-force, or for annuities, the amount of expected future policy benefits. This Deferred Profit Liability (“DPL”) was recorded in the Condensed Consolidated Balance Sheets in Other policyholder funds. After January 1, 2021, the difference between the gross premium received and recorded as revenue and the net premium is deferred and recognized in Policyholder benefits in a constant relationship to insurance in-force, or for annuities, the amount of expected future policy benefits. This DPL is recorded in the Condensed Consolidated Balance Sheets in Future policy benefits for life and accident and health insurance contracts. Premiums on short-duration accident and health policies are earned primarily on a pro rata basis over the term of the related coverage. The reserve for unearned premiums includes the portion of premiums written relating to the unexpired terms of coverage. This unearned revenue reserve (“URR”) is recorded in the Condensed Consolidated Balance Sheets in Other policyholder funds. Prior to the adoption of LDTI on January 1, 2021, reinsurance premiums ceded under yearly renewable term (“YRT”) reinsurance agreements were recognized as a reduction in revenues over the period the reinsurance coverage was utilized in proportion to the risks to which the premiums relate, while premiums ceded under modified coinsurance (“modco”) treaties were recognized when due. After January 1, 2021 all reinsurance premiums ceded are recognized when due, following a ceded net premium ratio methodology that also accrues a proportionate amount of estimated benefits. Reinsurance premiums for assumed business are estimated based on information received from ceding companies and reinsurers. Any subsequent differences that arise regarding such estimates are recorded in the periods in which they are determined.
Accounting Standards Adopted During 2022 and Future Application of Accounting Standards	Targeted Improvements to the Accounting for Long-Duration Contracts In August 2018, the FASB issued an accounting standard update with the objective of making targeted improvements to the existing recognition, measurement, presentation and disclosure requirements for long-duration contracts issued by an insurance entity. The Company adopted the standard on January 1, 2023 using the modified retrospective transition method relating to liabilities for traditional and limited payment contracts and deferred policy acquisition costs (“DAC”). The Company also adopted the standard in relation to MRBs on a full retrospective basis. As of the January 1, 2021 transition date, the impact of the adoption of the standard was a net decrease to beginning Accumulated other comprehensive income (loss) (“AOCI”) of $2.3 billion and a net increase to beginning Shareholders’ net investment of $1.2 billion primarily driven by (1) changes related to MRBs in our Individual Retirement and Group Retirement segments, including the impact of non-performance risk adjustments which reclassified the portion of the changes in fair value attributable to non-performance risk from Shareholders' net investment to AOCI, (2) changes to the discount rate which most significantly impacted our Life Insurance and Institutional Markets segments, and (3) the removal of balances recorded in AOCI related to changes in unrealized appreciation (depreciation) on investments. The accounting for the Fortitude Reinsurance Company Ltd. (“Fortitude Re”) reinsurance assets, including the discount rates, continued to be calculated using the same methodology and assumptions as the direct policies, and therefore have been recalculated on an LDTI basis. The accounting for reinsurance transactions between the Company and Fortitude Re structured as modco remained unchanged. Troubled Debt Restructuring and Vintage Disclosures In March 2022, the FASB issued an accounting standard update that eliminates the accounting guidance for troubled debt restructurings (“TDRs”) for creditors and amends the guidance on “vintage disclosures” to require disclosure of current-period gross write-offs by year of origination. The standard also updates the requirements for accounting for credit losses by adding enhanced disclosures for creditors related to loan refinancings and restructurings for borrowers experiencing financial difficulty. The Company adopted the standard prospectively as of January 1, 2023 and the standard did not have a material impact on our reported consolidated financial condition, results of operations, or cash flows . For the updated required disclosures, see Note 6. FUTURE APPLICATION OF ACCOUNTING STANDARDS Fair Value Measurement On June 30, 2022, the FASB issued an accounting standards update to address diversity in practice by clarifying that a contractual sale restriction should not be considered in the measurement of the fair value of an equity security. It also requires entities with investments in equity securities subject to contractual sale restrictions to disclose certain qualitative and quantitative information about such securities. The guidance is effective for public companies for fiscal years beginning after December 15, 2023 and interim period within those years, with early adoption permitted. For entities other than investment companies, the accounting standards update applies prospectively, with any adjustments resulting from adoption recognized in earnings on the date of adoption. We are assessing the impact of this standard.
Segment Information	We report our results of operations consistent with the manner in which our chief operating decision makers review the business to assess performance and allocate resources. We report our results of operations as five reportable segments: • Individual Retirement – consists of fixed annuities, fixed index annuities and variable annuities. • Group Retirement – consists of record-keeping, plan administrative and compliance services, financial planning and advisory solutions offered in-plan, along with proprietary and limited non-proprietary annuities, advisory and brokerage products offered out-of-plan. • Life Insurance – primary products in the United States include term life and universal life insurance. The International Life business issues individual and group life insurance in the United Kingdom, and distributes private medical insurance in Ireland. • Institutional Markets – consists of stable value wrap (“SVW”) products, structured settlement and PRT annuities, guaranteed investment contracts (“GICs”) and Corporate Markets products that include corporate- and bank-owned life insurance (“COLI-BOLI”), private placement variable universal life and private placement variable annuity products. • Corporate and Other – consists primarily of: – corporate expenses not attributable to our other segments; – interest expense on financial debt; – results of our consolidated investment entities; – institutional asset management business, which includes managing assets for non-consolidated affiliates; and – results of our legacy insurance lines ceded to Fortitude Re. We evaluate segment performance based on adjusted revenues and adjusted pre-tax operating income (loss) (“APTOI”). Adjusted revenues are derived by excluding certain items from total revenues. APTOI is derived by excluding certain items from income from operations before income tax. These items generally fall into one or more of the following broad categories: legacy matters having no relevance to our current businesses or operating performance; adjustments to enhance transparency to the underlying economics of transactions; and adjustments that we believe to be common to the industry. Legal entities are attributed to each segment based upon the predominance of activity in that legal entity. APTOI excludes the impact of the following items: Fortitude-related adjustments: The modco reinsurance agreements with Fortitude Re transfer the economics of the invested assets supporting the reinsurance agreements to Fortitude Re. Accordingly, the net investment income on Fortitude Re funds withheld assets and the net realized gains (losses) on Fortitude Re funds withheld assets are excluded from APTOI. Similarly, changes in the Fortitude Re funds withheld embedded derivative are also excluded from APTOI. The ongoing results associated with the reinsurance agreement with Fortitude Re have been excluded from APTOI as these are not indicative of our ongoing business operations. Investment-related adjustments: APTOI excludes “Net realized gains (losses)”, including changes in the allowance for credit losses on available-for-sale securities and loans, as well as gains or losses from sales of securities, except for gains (losses) related to the disposition of real estate investments. Net realized gains (losses), except for gains (losses) related to the disposition of real estate investments, are excluded as the timing of sales on invested assets or changes in allowances depend largely on market credit cycles and can vary considerably across periods. In addition, changes in interest rates may create opportunistic scenarios to buy or sell invested assets. Our derivative results, including those used to economically hedge insurance liabilities, and insurance liabilities that are accounted for as embedded derivatives are also included in Net realized gains (losses) and are similarly excluded from APTOI except earned income (periodic settlements and changes in settlement accruals) on derivative instruments used for non-qualifying (economic) hedges or for asset replication. Earned income on such economic hedges is reclassified from Net realized gains and losses to specific APTOI line items based on the economic risk being hedged (e.g., Net investment income and Interest credited to policyholder account balances). Market Risk Benefits adjustments: Certain of our variable annuity, fixed annuity and fixed index annuity contracts contain guaranteed minimum withdrawal benefits (“GMWBs”) and/or guaranteed minimum death benefits (“GMDBs”) which are accounted for as MRBs. Changes in the fair value of these MRBs (excluding changes related to instrument-specific credit risk), including certain rider fees attributed to the MRBs, along with changes in the fair value of derivatives used to hedge MRBs are recorded through “Change in the fair value of MRBs, net” and are excluded from APTOI. Changes in the fair value of securities used to economically hedge MRBs are excluded from APTOI. Other adjustments: Other adjustments represent all other adjustments that are excluded from APTOI and includes the net pre-tax operating income (losses) from noncontrolling interests related to consolidated investment entities. The excluded adjustments include, as applicable: • restructuring and other costs related to initiatives designed to reduce operating expenses, improve efficiency and simplify our organization; • non-recurring costs associated with the implementation of non-ordinary course legal or regulatory changes or changes to accounting principles; • separation costs; • non-operating litigation reserves and settlements; • loss (gain) on extinguishment of debt, if any; • losses from the impairment of goodwill, if any; and • income and loss from divested or run-off business, if any.
Fair Value Measurement	Assets and liabilities recorded at fair value in the Condensed Consolidated Balance Sheets are measured and classified in accordance with a fair value hierarchy consisting of three “levels” based on the observability of valuation inputs: • Level 1: Fair value measurements based on quoted prices (unadjusted) in active markets that we have the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. We do not adjust the quoted price for such instruments. • Level 2: Fair value measurements based on inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. • Level 3: Fair value measurements based on valuation techniques that use significant inputs that are unobservable. Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3. The circumstances for using these measurements include those in which there is little, if any, market activity for the asset or liability. Therefore, we must make certain assumptions about the inputs a hypothetical market participant would use to value that asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Information regarding the estimation of fair value for financial instruments not carried at fair value (excluding insurance contracts and lease contracts) is discussed below: • Mortgage and other loans receivable: Fair values of loans on commercial real estate and other loans receivable are estimated for disclosure purposes using discounted cash flow calculations based on discount rates that we believe market participants would use in determining the price that they would pay for such assets. For certain loans, our current incremental lending rates for similar types of loans are used as the discount rates, because we believe this rate approximates the rates market participants would use. Fair values of residential mortgage loans are generally determined based on market prices, using market-based adjustments for credit and servicing as appropriate. The fair values of policy loans are generally estimated based on unpaid principal amount as of each reporting date. No consideration is given to credit risk because policy loans are effectively collateralized by the cash surrender value of the policies. • Other invested assets: Certain of our subsidiaries are members of Federal Home Loan Banks (FHLBs) and such membership requires the members to own stock in these FHLBs. The carrying amounts of these stocks approximate fair values. • Cash and short-term investments: The carrying amounts of these assets approximate fair values because of the relatively short period of time between origination and expected realization, and their limited exposure to credit risk. • Policyholder contract deposits associated with investment-type contracts: Fair values for policyholder contract deposits associated with investment-type contracts not accounted for at fair value are estimated using discounted cash flow calculations based on interest rates currently being offered for similar contracts with maturities consistent with those of the contracts being valued. When no similar contracts are being offered, the discount rate is the appropriate swap rate (if available) or current risk-free interest rate consistent with the currency in which the cash flows are denominated. To determine fair value, other factors include current policyholder account values and related surrender charges and other assumptions include expectations about policyholder behavior and an appropriate risk margin. • Other liabilities: The majority of the Other liabilities that are financial instruments not measured at fair value represent secured financing arrangements, including repurchase agreements. The carrying amounts of these liabilities approximate fair value because the financing arrangements are short-term and are secured by cash or other liquid collateral. • Fortitude Re funds withheld payable: The funds withheld payable contains an embedded derivative and the changes in its fair value are recognized in earnings each period. The difference between the total Fortitude Re funds withheld payable and the embedded derivative represents the host contract. • Short-term and long-term debt and debt of consolidated investment entities: Fair values of these obligations were determined by reference to quoted market prices, when available and appropriate, or discounted cash flow calculations based upon our current market observable implicit credit spread rates for similar types of borrowings with maturities consistent with those remaining for the debt being valued. • Separate Account Liabilities—Investment Contracts:
Reinsurance	There is a diverse pool of assets supporting the funds withheld arrangements with Fortitude Re. The following summarizes the composition of the pool of assets: March 31, 2023 December 31, 2022 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available for sale $ 16,302 $ 16,302 $ 16,339 $ 16,339 Fair value through other comprehensive income Fixed maturity securities - fair value option 3,745 3,745 3,485 3,485 Fair value through net investment income Commercial mortgage loans 3,525 3,317 3,490 3,241 Amortized cost Real estate investments 130 315 133 348 Amortized cost Private equity funds/hedge funds 1,900 1,900 1,893 1,893 Fair value through net investment income Policy loans 345 345 355 355 Amortized cost Short-term Investments 114 114 69 69 Fair value through net investment income Funds withheld investment assets 26,061 26,038 25,764 25,730 Derivative assets, net (a) 81 81 90 90 Fair value through realized gains (losses) Other (b) 514 514 731 731 Amortized cost Total $ 26,656 $ 26,633 $ 26,585 $ 26,551 (a) The derivative assets and liabilities have been presented net of cash collateral. The derivative assets supporting the Fortitude Re funds withheld arrangements had a fair market value of $276 million a nd $189 million as of March 31, 2023 and December 31, 2022, respectively. These derivative assets and liabilities are fully collateralized either by cash or securities. (b) Primarily comprised of Cash and Accrued investment income.
Short-term investments	We purchase certain RMBS securities that have experienced more-than-insignificant deterioration in credit quality since origination. Subsequent to the adoption of the Financial Instruments Credit Losses Standard, these are referred to as purchased credit deteriorated (“PCD”) assets. At the time of purchase an allowance is recognized for these PCD assets by adding it to the purchase price to arrive at the initial amortized cost. There is no credit loss expense recognized upon acquisition of a PCD asset. When determining the initial allowance for credit losses, management considers the historical performance of underlying assets and available market information as well as bond-specific structural considerations, such as credit enhancement and the priority of payment structure of the security. In addition, the process of estimating future cash flows includes, but is not limited to, the following critical inputs: • current delinquency rates; • expected default rates and the timing of such defaults; • loss severity and the timing of any recovery; and • expected prepayment speeds. Subsequent to the acquisition date, the PCD assets follow the same accounting as other structured securities that are not of high credit quality.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Accounting Standards Update and Change in Accounting Principle	The following table presents the impacts in connection with the adoption of LDTI on January 1, 2021 as well as cross references to the applicable notes herein for additional information: Balance, Beginning of Year Cumulative Effect Adjustment as of January 1, 2021 Updated Balances post-adoption of LDTI (in millions) Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes (a) $ 29,158 $ 7,666 $ 36,824 Reinsurance assets - other, net of allowance for credit losses and disputes (a) 2,707 433 3,140 Deferred income taxes 3,640 310 3,950 Deferred policy acquisition costs and value of business acquired (b) 7,363 3,137 10,500 Market risk benefit assets (c) — 338 338 Other assets (d) 3,428 396 3,824 Total assets 410,155 12,280 422,435 Future policy benefits for life and accident and health insurance (e) 54,660 10,522 65,182 Policyholder contract deposits (e) 154,892 (6,471) 148,421 Market risk benefit liabilities (c) — 8,739 8,739 Other policyholder funds (f) 2,492 248 2,740 Other liabilities (g) 9,954 399 10,353 Total liabilities 370,323 13,437 383,760 Shareholders’ net investment (h) 22,579 1,192 23,771 Accumulated other comprehensive income (h) 14,653 (2,349) 12,304 Total Corebridge Shareholders' net investment 37,232 (1,157) 36,075 Total equity 39,781 (1,157) 38,624 Total liabilities, redeemable noncontrolling interest and shareholder’s net investment $ 410,155 $ 12,280 $ 422,435 (a) Refer to Note 7 for additional information on the transition impacts associated with LDTI. (b) Refer to Note 10 for additional information on the transition impacts associated with LDTI. (c) Refer to Note 12 for additional information on the transition impacts associated with LDTI. (d) Other assets include deferred sales inducement assets. Refer to Note 10 for additional information on the transition impacts associated with LDTI. (e) Refer to Note 11 for additional information on the transition impacts associated with LDTI. (f) Other policyholder funds include URR. Refer to Note 11 for additional information on the transition impacts associated with LDTI. (g) Other liabilities include deferred cost of reinsurance liabilities. Refer to Note 7 for additional information on the transition impacts associated with LDTI. (h) Includes a correction of $158 million to increase shareholders' net investment and decrease AOCI. The following table presents the impacts in connection with the adoption of LDTI on January 1, 2021 on our previously reported Condensed Consolidated Balance Sheet as of December 31, 2022: December 31, 2022 As Previously Reported Effect of Change Updated Balances post-adoption of LDTI (in millions) Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes $ 27,794 $ (950) $ 26,844 Reinsurance assets - other, net of allowance for credit losses and disputes 2,980 (463) 2,517 Deferred income taxes 9,162 (331) 8,831 Deferred policy acquisition costs and value of business acquired 13,179 (2,616) 10,563 Market risk benefit assets — 796 796 Other assets 2,852 (331) 2,521 Total assets 364,217 (3,895) 360,322 Future policy benefits for life and accident and health insurance 57,266 (6,748) 50,518 Policyholder contract deposits 158,966 (2,908) 156,058 Market risk benefit liabilities — 4,736 4,736 Other policyholder funds 3,331 (446) 2,885 Other liabilities 8,775 301 9,076 Total liabilities 355,068 (5,065) 350,003 Retained earnings 16,121 2,086 18,207 Accumulated other comprehensive income (15,947) (916) (16,863) Total Corebridge Shareholders' equity 8,210 1,170 9,380 Total equity 9,149 1,170 10,319 Total liabilities, redeemable noncontrolling interest and equity $ 364,217 $ (3,895) $ 360,322 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Condensed Consolidated Statement of Income (Loss) for the three months ended March 31, 2022: Three Month Ended March 31, 2022 As Previously Reported Effect of Change Updated Balances post-adoption of LDTI (in millions, except per common share data) Revenues: Premiums $ 726 $ 9 $ 735 Policy fees 764 (34) 730 Total net realized gains (losses) 3,726 (839) 2,887 Total revenues 8,104 (864) 7,240 Benefits and expenses: Policyholder benefits 1,366 (198) 1,168 Change in the fair value of market risk benefits, net — (233) (233) Interest credited to policyholder account balances 875 3 878 Amortization of deferred acquisition costs and value of business acquired 543 (300) 243 Non-deferrable insurance commissions 161 (17) 144 Total benefits and expenses 3,685 (745) 2,940 Income (loss) before income tax expense (benefit) 4,419 (119) 4,300 Income tax expense (benefit): 883 (24) 859 Net income (loss) 3,536 (95) 3,441 Net income (loss) attributable to Corebridge $ 3,461 $ (95) $ 3,366 Income (loss) per common share attributable to Corebridge common shareholders: Common stock - Basic $ 5.37 $ (0.15) $ 5.22 Common stock - Diluted $ 5.37 $ (0.15) $ 5.22 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Condensed Consolidated Statement of Comprehensive Income (Loss) for the three months ended March 31, 2022: Three Month Ended March 31, 2022 As Previously Reported Effect of Change Updated Balances post-adoption of LDTI (in millions) Net income $ 3,536 $ (95) $ 3,441 Other comprehensive income (loss), net of tax Change in unrealized appreciation (depreciation) of all other investments (10,860) (2,516) (13,376) Change in fair value of market risk benefits attributable to changes in the instrument-specific risk — 782 782 Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts — 2,232 2,232 Other comprehensive income (loss) (10,756) 497 (10,259) Comprehensive income (loss) (7,220) 402 (6,818) Comprehensive income (loss) attributable to Corebridge $ (7,295) $ 402 $ (6,893) The following table presents the impacts in connection with the adoption of LDTI on our previously reported Condensed Consolidated Statement of Cash Flows for the three months ended March 31, 2022: Three Month Ended March 31, 2022 As Previously Reported Effect of Change Updated Balances post-adoption of LDTI (in millions) Cash flows from operating activities: Net income $ 3,536 $ (95) $ 3,441 Adjustments to reconcile net income to net cash provided by operating activities: Noncash revenues, expenses, gains and losses included in income (loss): Unrealized gains in earnings - net (1,169) 1,133 (36) Change in the fair value of market risk benefits in earnings, net — (496) (496) Depreciation and other amortization 469 (312) 157 Changes in operating assets and liabilities: Insurance reserves 67 (279) (212) Reinsurance assets and funds held under reinsurance treaties 97 214 311 Capitalization of deferred policy acquisition costs (244) (17) (261) Current and deferred income taxes - net 365 (24) 341 Other, net 235 (142) 93 Total adjustments (3,521) 77 (3,444) Net cash provided by operating activities $ 15 $ (18) $ (3) Cash flows from financing activities: Policyholder contract deposits $ 6,392 $ 18 $ 6,410 Net cash provided by financing activities $ 1,232 $ 18 $ 1,250

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Operations by Segment	The following table presents Corebridge’s operations by segment: (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Three Months Ended March 31, 2023 Premiums $ 78 $ 6 $ 425 $ 1,575 $ 20 $ — $ 2,104 $ 1 $ 2,105 Policy fees 174 100 375 49 — — 698 — 698 Net investment income (a) 1,128 500 317 332 68 (10) 2,335 360 2,695 Net realized gains (losses) (a)(b) — — — — 4 — 4 (1,462) (1,458) Advisory fee and other income 103 76 29 — 14 — 222 — 222 Total adjusted revenues 1,483 682 1,146 1,956 106 (10) 5,363 (1,101) 4,262 Policyholder benefits 65 9 708 1,718 — — 2,500 (5) 2,495 Change in the fair value of market risk benefits, net — — — — — — — 196 196 Interest credited to policyholder account balances 519 291 82 123 — — 1,015 11 1,026 Amortization of deferred policy acquisition costs 137 21 96 2 — — 256 — 256 Non-deferrable insurance commissions 86 28 17 5 — — 136 — 136 Advisory fee expenses 34 29 2 — — — 65 — 65 General operating expenses 108 118 159 23 91 — 499 83 582 Interest expense — — — — 172 (10) 162 10 172 Net (gain) loss on divestitures — — — — — — — 3 3 Total benefits and expenses 949 496 1,064 1,871 263 (10) 4,633 298 4,931 Noncontrolling interests — — — — (6) — (6) Adjusted pre-tax operating income (loss) $ 534 $ 186 $ 82 $ 85 $ (163) $ — $ 724 Adjustments to: Total revenue (1,101) Total expenses 298 Noncontrolling interests 6 Income before income tax expense (benefit) $ (669) $ (669) Three Months Ended March 31, 2022 Premiums $ 56 $ 8 $ 425 $ 238 $ 21 $ — $ 748 $ (13) $ 735 Policy fees 185 114 384 47 — — 730 — 730 Net investment income (a) 983 527 356 264 186 (5) 2,311 270 2,581 Net realized gains (losses) (a)(b) — — — — 11 — 11 2,876 2,887 Advisory fee and other income 123 85 36 1 38 5 288 19 307 Total adjusted revenues 1,347 734 1,201 550 256 — 4,088 3,152 7,240 Policyholder benefits 66 10 744 350 — — 1,170 (2) 1,168 Change in the fair value of market risk benefits, net — — — — — — — (233) (233) Interest credited to policyholder account balances 454 284 85 59 — — 882 (4) 878 Amortization of deferred policy acquisition costs 119 19 104 1 — — 243 — 243 Non-deferrable insurance commissions 92 28 18 6 — — 144 — 144 Advisory fee expenses 37 34 — — — — 71 — 71 General operating expenses 111 117 166 19 104 7 524 62 586 Interest expense — — — — 77 (7) 70 11 81 Net (gain) loss on divestitures — — — — — — — 2 2 Total benefits and expenses 879 492 1,117 435 181 — 3,104 (164) 2,940 Noncontrolling interests — — — — (75) — (75) Adjusted pre-tax operating income (loss) $ 468 $ 242 $ 84 $ 115 $ — $ — $ 909 Adjustments to: Total revenue 3,152 Total expenses (164) Noncontrolling interests 75 Income before income tax expense (benefit) $ 4,300 $ 4,300 (a) Adjustments include Fortitude Re activity of $(611) million and $3.0 billion for the three months ended March 31, 2023 and 2022, respectively. (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the observability of the inputs used: March 31, 2023 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available for sale: Bonds available for sale: U.S. government and government sponsored entities $ — $ 1,259 $ — $ — $ — $ 1,259 Obligations of states, municipalities and political subdivisions — 5,303 858 — — 6,161 Non-U.S. governments — 4,318 — — — 4,318 Corporate debt — 102,389 1,704 — — 104,093 RMBS (b) — 6,791 5,687 — — 12,478 CMBS — 9,421 718 — — 10,139 CLO (c) — 7,239 1,834 — — 9,073 ABS — 833 10,707 — — 11,540 Total bonds available for sale — 137,553 21,508 — — 159,061 Other bond securities: U.S. government and government sponsored entities — 1 — — — 1 Obligations of states, municipalities and political subdivisions — 63 1 — — 64 Non-U.S. governments — 30 — — — 30 Corporate debt — 2,231 130 — — 2,361 RMBS (d) — 61 114 — — 175 CMBS — 230 27 — — 257 CLO (e) — 293 71 — — 364 ABS — 70 781 — — 851 Total other bond securities — 2,979 1,124 — — 4,103 Equity securities 140 1 50 — — 191 Other invested assets (f) — — 1,852 — — 1,852 Derivative assets: Interest rate contracts — 1,105 344 — — 1,449 Foreign exchange contracts — 1,230 — — — 1,230 Equity contracts 26 137 513 — — 676 Credit contracts — — — — — — Other contracts — — 14 — — 14 Counterparty netting and cash collateral — — — (2,303) (376) (2,679) Total derivative assets 26 2,472 871 (2,303) (376) 690 Short-term investments 1 1,539 — — — 1,540 Market risk benefit assets — — 830 — — 830 Separate account assets 84,202 3,155 — — — 87,357 Total $ 84,369 $ 147,699 $ 26,235 $ (2,303) $ (376) $ 255,624 Liabilities: Policyholder contract deposits (g) $ — $ 116 $ 6,064 $ — $ — $ 6,180 Derivative liabilities: Interest rate contracts — 2,087 — — — 2,087 Foreign exchange contracts — 356 — — — 356 Equity contracts 36 9 16 — — 61 Credit contracts — — — — — — Other contracts — — — — — — Counterparty netting and cash collateral — — — (2,303) (42) (2,345) Total derivative liabilities 36 2,452 16 (2,303) (42) 159 Fortitude Re funds withheld payable (h) — — 1,774 — — 1,774 Market risk benefit liabilities — — 5,144 — — 5,144 Debt of consolidated investment entities — — 6 — — 6 Total $ 36 $ 2,568 $ 13,004 $ (2,303) $ (42) $ 13,263 December 31, 2022 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available for sale: U.S. government and government sponsored entities $ — $ 1,198 $ — $ — $ — $ 1,198 Obligations of states, municipalities and political subdivisions — 5,121 805 — — 5,926 Non-U.S. governments — 4,392 — — — 4,392 Corporate debt — 102,724 1,968 — — 104,692 RMBS (b) — 6,274 5,670 — — 11,944 CMBS — 9,350 718 — — 10,068 CLO (c) — 6,516 1,670 — — 8,186 ABS — 792 9,595 — — 10,387 Total bonds available for sale — 136,367 20,426 — — 156,793 Other bond securities: Obligations of states, municipalities and political subdivisions — 37 — — — 37 Non-U.S. governments — 22 — — — 22 Corporate debt — 1,805 417 — — 2,222 RMBS (d) — 58 107 — — 165 CMBS — 204 28 — — 232 CLO (e) — 268 11 — — 279 ABS — 71 741 — — 812 Total other bond securities — 2,465 1,304 — — 3,769 Equity securities 141 3 26 — — 170 Other invested assets (f) — — 1,832 — — 1,832 Derivative assets: Interest rate contracts 1 1,269 303 — — 1,573 Foreign exchange contracts — 1,247 — — — 1,247 Equity contracts 11 124 282 — — 417 Credit contracts — — — — — — Other contracts — 1 14 — — 15 Counterparty netting and cash collateral — — — (2,547) (406) (2,953) Total derivative assets 12 2,641 599 (2,547) (406) 299 Short-term investments 1 1,356 — — — 1,357 Market risk benefit assets — — 796 — — 796 Separate account assets 81,655 3,198 — — — 84,853 Total $ 81,809 $ 146,030 $ 24,983 $ (2,547) $ (406) $ 249,869 Liabilities: Policyholder contract deposits (g) $ — $ 97 $ 5,367 $ — $ — $ 5,464 Derivative liabilities: Interest rate contracts — 2,676 — — — 2,676 Foreign exchange contracts — 632 — — — 632 Equity contracts 2 10 15 — — 27 Credit contracts — — — — — — Other contracts — — — — — — Counterparty netting and cash collateral — — — (2,547) (691) (3,238) Total derivative liabilities 2 3,318 15 (2,547) (691) 97 Fortitude Re funds withheld payable (h) — — 1,262 — — 1,262 Market risk benefit liabilities — — 4,736 — — 4,736 Debt of consolidated investment entities — — 6 — — 6 Total $ 2 $ 3,415 $ 11,386 $ (2,547) $ (691) $ 11,565 (a) Represents netting of derivative exposures covered by qualifying master netting agreements. (b) Includes investments in RMBS issued by related parties of $38 million and $2 million classified as Level 2 and Level 3, respectively, as of March 31, 2023. Additionally, includes investments in RMBS issued by related parties of $37 million and $2 million classified as Level 2 and Level 3, respectively, as of December 31, 2022. (c) Includes investments in collateralized loan obligations (“CLOs”) issued by related parties of $238 million and $0 million as of March 31, 2023 and December 31, 2022, respectively. Of these amounts, $176 million of CLOs are classified as Level 3 as of March 31, 2023. (d) Includes less than $1 million of investments in RMBS issued by related parties classified as Level 2 as of March 31, 2023 and December 31, 2022. (e) Includes investments in CLOs issued by related parties of $28 million and $0 million as of March 31, 2023 and December 31, 2022, respectively. The $17 million of CLOs are classified as Level 3 as of March 31, 2023. (f) Excludes investments that are measured at fair value using the net asset value (“NAV”) per share (or its equivalent), which totaled $6.1 billion and $6.0 billion as of March 31, 2023 and December 31, 2022, respectively. (g) Excludes basis adjustments for fair value hedges. (h) As discussed in Note 7 , the Fortitude Re funds withheld payable is created through modco and funds withheld reinsurance arrangements where the investments supporting the reinsurance agreements are withheld by and continue to reside on Corebridge’s balance sheet. This embedded derivative is valued as a total return swap with reference to the fair value of the invested assets held by Corebridge, which are primarily available-for-sale securities.
Net Realized and Unrealized Gains and Losses Included in Income Related to Level 3 Assets and Liabilities	The following tables present changes during the three months ended March 31, 2023 and 2022 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets at March 31, 2023 and 2022: . (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Three Months Ended March 31, 2023 Assets: Bonds available for sale: Obligations of states, $ 805 $ — $ 55 $ (2) $ — $ — $ — $ 858 $ — $ 43 Corporate debt 1,968 (102) 44 14 167 (371) (16) 1,704 — 51 RMBS 5,670 81 (40) (8) — (16) — 5,687 — (66) CMBS 718 7 (4) — 24 (27) — 718 — (25) CLO 1,670 9 (18) 21 54 (92) 190 1,834 — (16) ABS 9,595 42 269 804 — (3) — 10,707 — 254 Total bonds available for sale 20,426 37 306 829 245 (509) 174 21,508 — 241 Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 — — (96) — (191) — 130 3 — RMBS 107 4 — 3 — — — 114 2 — CMBS 28 (1) — — — — — 27 (1) — CLO 11 9 — 1 1 (5) 54 71 4 — ABS 741 26 — 14 — — — 781 19 — Total other bond securities 1,304 38 — (77) 1 (196) 54 1,124 27 — Equity securities 26 — — 24 — — — 50 — — Other invested assets 1,832 (44) 5 59 — — — 1,852 (42) — Total (a) $ 23,588 $ 31 $ 311 $ 835 $ 246 $ (705) $ 228 $ 24,534 $ (15) $ 241 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,367 $ 381 $ — $ 316 $ — $ — $ — $ 6,064 $ (368) $ — Derivative liabilities, net: Interest rate contracts (303) 78 — (119) — — — (344) (71) — Foreign exchange contracts — — — — — — — — — — Equity contracts (156) (176) — (165) — — — (497) 178 — Credit contracts — — — — — — — — — — Other contracts (14) (16) — 16 — — — (14) 16 — Total derivative liabilities, net (b) (473) (114) — (268) — — — (855) 123 — Fortitude Re funds withheld payable 1,262 1,025 — (513) — — — 1,774 (633) — Debt of consolidated investment entities 6 — — — — — — 6 — — Total (c) $ 6,162 $ 1,292 $ — $ (465) $ — $ — $ — $ 6,989 $ (878) $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Three Months Ended March 31, 2022 Assets: Bonds available for sale: Obligations of states, $ 1,395 $ 2 $ (282) $ (56) $ — $ — $ — $ 1,059 $ — $ (270) Corporate debt 1,907 (9) (59) 218 91 (93) — 2,055 — (56) RMBS 7,595 92 (404) (365) — (406) — 6,512 — (400) CMBS 1,072 7 (60) 10 — (281) — 748 — (58) CLO 3,038 (2) (52) 11 825 (432) — 3,388 — (53) ABS 7,400 16 (446) 671 — — — 7,641 — (444) Total bonds available for sale 22,407 106 (1,303) 489 916 (1,212) — 21,403 — (1,281) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — — — — — — — Corporate debt 134 — — 77 61 (12) — 260 — — RMBS 106 (3) — 12 — — — 115 (6) — CMBS 33 (2) — — — — — 31 (2) — CLO 149 (7) — — 50 (2) — 190 (2) — ABS 205 (17) — 289 — — — 477 (18) — Total other bond securities 627 (29) — 378 111 (14) — 1,073 (28) — Equity securities 2 — — 1 — — — 3 — — Other invested assets 1,892 110 (5) (28) 24 (153) — 1,840 118 — Total (a) $ 24,928 $ 187 $ (1,308) $ 840 $ 1,051 $ (1,379) $ — $ 24,319 $ 90 $ (1,281) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,572 $ (658) $ — $ 121 $ — $ — $ — $ 5,035 $ 845 $ — Derivative liabilities, net: Interest rate contracts — (1) — (2) — — — (3) 1 — Foreign exchange contracts — — — — — — — — — — Equity contracts (457) 315 — (26) — — — (168) (238) — Credit contracts (1) 1 — — — — — — (1) — Other contracts (12) (17) — 14 — — — (15) 17 — Total derivative liabilities, net (b) (470) 298 — (14) — — — (186) (221) — Fortitude Re funds withheld payable 7,974 (2,837) — (341) — — — 4,796 3,016 — Debt of consolidated investment entities 5 1 — (1) — — — 5 (1) — Total (c) $ 13,081 $ (3,196) $ — $ (235) $ — $ — $ — $ 9,650 $ 3,639 $ — (a) Excludes MRB assets of $830 million and $666 million for the three months ended March 31, 2023 and 2022, respectively. Refer to Note 12 for additional information. (b) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. Condensed Consolidated Statements of Income (Loss) as follows: (in millions) Policy Net Investment Income Net Realized and Unrealized Gains Interest Expense Change in the Fair Value of Market Risk Benefits, net (a) Total Three Months Ended March 31, 2023 Assets: Bonds available for sale $ — $ 32 $ 5 $ — $ — $ 37 Other bond securities $ — $ 38 $ — $ — $ — $ 38 Equity securities $ — $ — $ — $ — $ — $ — Other invested assets $ — $ (43) $ (1) $ — $ — $ (44) Three Months Ended March 31, 2022 Assets: Bonds available for sale $ — $ 117 $ (11) $ — $ — $ 106 Other bond securities $ — $ (29) $ — $ — $ — $ (29) Equity securities $ — $ — $ — $ — $ — $ — Other invested assets $ — $ 110 $ — $ — $ — $ 110 (in millions) Policy Net Investment Income Net Realized and Unrealized Gains Interest Expense Change in the Fair Value of Market Risk Benefits, net (a) Total Three Months Ended March 31, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ (381) $ — $ — $ (381) Derivative liabilities, net $ 16 $ — $ 197 $ — $ (99) $ 114 Fortitude Re funds withheld payable $ — $ — $ (1,025) $ — $ — $ (1,025) Market risk benefit liabilities, net (c) $ — $ — $ — $ — $ (87) $ (87) Debt of consolidated investment entities $ — $ — $ — $ — $ — $ — Three Months Ended March 31, 2022 Liabilities: Policyholder contract deposits (b) $ — $ — $ 658 $ — $ — $ 658 Derivative liabilities, net $ 15 $ — $ (344) $ — $ 31 $ (298) Fortitude Re funds withheld payable $ — $ — $ 2,837 $ — $ — $ 2,837 Market risk benefit liabilities, net (c) $ — $ — $ 3 $ — $ 699 $ 702 Debt of consolidated investment entities $ — $ — $ — $ 1 $ — $ 1 (in millions) Purchases Sales Issuances and Settlements (*) Purchases, Sales, Issuances and Settlements, Net (*) Three Months Ended March 31, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ — $ (2) $ (2) Corporate debt 28 — (14) 14 RMBS 167 — (175) (8) CMBS 9 (6) (3) — CLO 10 — 11 21 ABS 858 — (54) 804 Total bonds available for sale 1,072 (6) (237) 829 Other bond securities: Obligations of states, municipalities and political subdivisions 1 — — 1 Corporate debt — — (96) (96) RMBS 6 — (3) 3 CMBS — — — — CLO 1 — — 1 ABS 32 — (18) 14 Total other bond securities 40 — (117) (77) Equity securities 24 — — 24 Other invested assets 70 — (11) 59 Total assets $ 1,206 $ (6) $ (365) $ 835 Liabilities: Policyholder contract deposits $ — $ 326 $ (10) $ 316 Derivative liabilities, net (101) — (167) (268) Fortitude Re funds withheld payable — — (513) (513) Debt of consolidated investment entities — — — — Total liabilities $ (101) $ 326 $ (690) $ (465) (in millions) Purchases Sales Issuances and Settlements* Purchases, Sales, Three Months Ended March 31, 2022 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (55) $ (1) $ (56) Corporate debt — — 218 218 RMBS 108 — (473) (365) CMBS 42 — (32) 10 CLO 53 — (42) 11 ABS 824 — (153) 671 Total bonds available for sale 1,027 (55) (483) 489 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 19 — 58 77 RMBS 17 — (5) 12 CMBS — — — — CLO 9 — (9) — ABS 291 — (2) 289 Total other bond securities 336 — 42 378 Equity securities — — 1 1 Other invested assets 239 — (267) (28) Total assets $ 1,602 $ (55) $ (707) $ 840 Liabilities: Policyholder contract deposits $ — $ 195 $ (74) $ 121 Derivative liabilities, net (73) — 59 (14) Fortitude Re funds withheld payable — — (341) (341) Debt of consolidated investment entities — — (1) (1) Total liabilities $ (73) $ 195 $ (357) $ (235) * There were no issuances during the three months ended March 31, 2023 and 2022.
Fair Value Measurement Inputs and Valuation Techniques	The table below presents information about the significant unobservable inputs used for recurring fair value measurements for certain Level 3 instruments, and includes only those instruments for which information about the inputs is reasonably available to us, such as data from independent third-party valuation service providers and from internal valuation models. Because input information from third parties with respect to certain Level 3 instruments (primarily CLO/ABS) may not be reasonably available to us, balances shown below may not equal total amounts reported for such Level 3 assets and liabilities: (in millions) Fair Value at March 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 833 Discounted cash flow Yield 4.91%-5.55% (5.23%) Corporate debt $ 1,655 Discounted cash flow Yield 4.77% - 9.70% (7.24%) RMBS (c) $ 3,590 Discounted cash flow Prepayment Speed 4.73% - 10.10% (7.41%) Default Rate 0.86% - 2.72% (1.79%) Yield 6.19% - 7.87% (7.03%) Loss Severity 44.50% - 78.53% (61.51%) CLO (c) $ 1,518 Discounted cash flow Yield 6.75% - 8.44% (7.59%) ABS (c) $ 8,332 Discounted cash flow Yield 5.60% - 7.41% (6.50%) CMBS $ 570 Discounted cash flow Yield 4.28% - 25.46% (11.78%) Market risk benefit assets $ 830 Discounted cash flow Equity volatility 6.55%- 51.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (h) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.34% - 2.45% Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 2,381 Discounted cash flow Equity volatility 6.55%- 51.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% -160.01% Utilization (h) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.34% - 2.45% Fixed annuities guaranteed benefits $ 806 Discounted cash flow Base lapse rate 0.20% - 15.75% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 40.26% - 168.43% Utilization (h) 90.00% - 97.50% NPA (g) 0.34% - 2.45% (in millions) Fair Value at March 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Fixed index annuities guaranteed benefits $ 1,957 Discounted cash flow Equity volatility 6.55% - 51.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 180.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.34% - 2.45% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities $ 5,269 Discounted cash flow Equity volatility 6.55% - 51.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 180.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.34% - 2.45% Index Life $ 795 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality multiplier (e)(f) 0.00%- 100.00% Equity Volatility 5.75% - 21.40% NPA (g) 0.34% - 2.45% (in millions) Fair Value at December 31, 2022 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 780 Discounted cash flow Yield 5.33% - 5.92% (5.63%) Corporate debt $ 1,988 Discounted cash flow Yield 4.90% - 9.54% (7.22%) RMBS (c) $ 3,725 Discounted cash flow Constant prepayment rate 4.84% - 10.35% (7.60%) Loss severity 45.01% - 77.28% (61.14%) Constant default rate 0.79% - 2.67% (1.73%) Yield 5.95% - 7.72% (6.84%) CLO (c) $ 1,547 Discounted cash flow Yield 7.13% - 7.59% (7.36%) ABS (c) $ 6,591 Discounted cash flow Yield 6.01% - 7.96% (6.98%) CMBS $ 663 Discounted cash flow Yield 4.72% - 10.21% (7.46%) Market risk benefit assets $ 796 Discounted cash flow Equity volatility 6.45% - 50.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (h) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.00% - 2.03% (in millions) Fair Value at December 31, 2022 Valuation Unobservable Input (a) Range (Weighted Average) (b) Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 2,358 Discounted cash flow Equity volatility 6.45%- 50.75% Base lapse rate 0.16%- 28.80% Dynamic lapse multiplier (e) 20.00%- 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (h) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.00% - 2.03% Fixed annuities guaranteed benefits $ 680 Discounted cash flow Base lapse rate 0.20% - 15.75% Dynamic lapse multiplier (e) 20.00% - 186.16% Mortality multiplier (e)(f) 40.26% - 168.43% Utilization (h) 90.00% - 97.50% NPA (g) 0.00% - 2.03% Fixed index annuities guaranteed benefits $ 1,698 Discounted cash flow Equity volatility 6.45% - 50.75% Base lapse rate 0.20% -50.00% Dynamic lapse multiplier (e) 20.00%- 186.18% Mortality multiplier (e)(f) 24.00% - 180.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 5.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.00% - 2.03% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities $ 4,657 Discounted cash flow Equity volatility 6.45% - 50.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 180.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 5.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.00% - 2.03% Index Life $ 710 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality multiplier (e)(f) 0.00% - 100.00% Equity volatility 5.75% - 23.63% NPA (g) 0.00% - 2.03% (a) Represents discount rates, estimates and assumptions that we believe would be used by market participants when valuing these assets and liabilities. (b) The weighted averaging for fixed maturity securities is based on the estimated fair value of the securities. Because the valuation methodology for embedded derivatives within policyholder contract deposits and MRBs uses a range of inputs that vary at the contract level over the cash flow projection period, management believes that presenting a range, rather than weighted average, is a more meaningful representation of the unobservable inputs used in the valuation. Information received from third-party valuation service providers. (c) Information received from third-party valuation service providers. The ranges of the unobservable inputs for constant prepayment rate, loss severity and constant default rate relate to each of the individual underlying mortgage loans that comprise the entire portfolio of securities in the RMBS and CLO securitization vehicles and not necessarily to the securitization vehicle bonds (tranches) purchased by us. The ranges of these inputs do not directly correlate to changes in the fair values of the tranches purchased by us because there are other factors relevant to the fair values of specific tranches owned by us, including, but not limited to, purchase price, position in the waterfall, senior versus subordinated position and attachment points. (d) The Fortitude Re funds withheld payable has been excluded from the above table. As discussed in Note 7 , the Fortitude Re funds withheld payable is created through modco and funds withheld reinsurance arrangements where the investments supporting the reinsurance agreements are withheld by and continue to reside on Corebridge’s balance sheet. This embedded derivative is valued as a total return swap with reference to the fair value of the invested assets held by Corebridge. Accordingly, the unobservable inputs utilized in the valuation of the embedded derivative are a component of the invested assets supporting the reinsurance agreements that are held on Corebridge’s balance sheet. (e) The ranges for these inputs vary due to the different GMWB product specification and policyholder characteristics across in-force policies. Policyholder characteristics that affect these ranges include age, policy duration, and gender. (f) Mortality inputs are shown as multipliers of the 2012 Individual Annuity Mortality Basic table. (g) The non-performance risk adjustment (“NPA”) applied as a spread over risk-free curve for discounting. (h) The partial withdrawal utilization unobservable input range shown applies only to policies with guaranteed minimum withdrawal benefit riders. The total embedded derivative liability at March 31, 2023 and December 31, 2022 was approximately $1.2 billion and $1.1 billion, respectively.
Investments in Certain Entities that Calculate Net Asset Value Per Share	The following table includes information related to our investments in certain other invested assets, including private equity funds, hedge funds and other alternative investments that calculate net asset value per share (or its equivalent). For these investments, which are measured at fair value on a recurring basis, we use the net asset value per share to measure fair value. March 31, 2023 December 31, 2022 (in millions) Investment Category Includes Fair Value Unfunded Fair Value Unfunded Investment Category Private equity funds: Leveraged buyout Debt and/or equity investments made as part of a transaction in which assets of mature companies are acquired from the current shareholders, typically with the use of financial leverage $ 2,114 $ 1,660 $ 2,014 $ 1,719 Real estate Investments in real estate properties and infrastructure positions, including power plants and other energy generating facilities 1,064 548 1,082 549 Venture capital Early-stage, high-potential, growth companies expected to generate a return through an eventual realization event, such as an initial public offering or sale of the company 208 109 212 118 Growth equity Funds that make investments in established companies for the purpose of growing their businesses 492 33 510 40 Mezzanine Funds that make investments in the junior debt and equity securities of leveraged companies 445 88 443 78 Other Includes distressed funds that invest in securities of 956 297 902 284 Total private equity funds 5,279 2,735 5,163 2,788 March 31, 2023 December 31, 2022 (in millions) Investment Category Includes Fair Value Unfunded Fair Value Unfunded Hedge funds: Event-driven Securities of companies undergoing material structural changes, including mergers, acquisitions and other reorganizations 5 — 5 — Long-short Securities that the manager believes are undervalued, with corresponding short positions to hedge market risk 272 — 335 — Macro Investments that take long and short positions in financial instruments based on a top-down view of certain economic and capital market conditions 351 — 366 — Other Includes investments held in funds that are less liquid, as well as other strategies which allow for broader allocation between public and private investments 175 — 178 — Total hedge funds 803 — 884 — Total $ 6,082 $ 2,735 $ 6,047 $ 2,788
Fair Value Option	The following table presents the gains or losses recorded related to the eligible instruments for which we elected the fair value options: Three Months Ended March 31, (in millions) 2023 2022 Assets: Other bond securities (a) $ 115 $ (112) Alternative investments (b) 1 243 Total assets 116 131 Liabilities: Policyholder contract deposits (c) (1) 7 Debt of consolidated investment entities (d) — (1) Total liabilities (1) 6 Total gain (loss) $ 115 $ 137 (a) Includes certain securities supporting the funds withheld arrangements with Fortitude Re . For additional information regarding the gains and losses for Other bond securities, see Note 5. For additional information regarding the funds withheld arrangements with Fortitude Re, see Note 7. (b) Includes certain hedge funds, private equity funds and other investment partnerships. (c) Represents GICs. (d) Primarily related to six transactions securitizing certain debt portfolios previously owned by Corebridge and its affiliates and were terminated during 2021. For additional information, see Note 8.
Fair Value Measurements, Nonrecurring	The following table presents assets measured at fair value on a non-recurring basis at the time of impairment and the related impairment charges recorded during the periods presented: Assets at Fair Value Impairment Charges Non-Recurring Basis Three Months Ended March 31, (in millions) Level 1 Level 2 Level 3 Total 2023 2022 March 31, 2023 Other investments $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — December 31, 2022 Other investments $ — $ — $ 12 $ 12 Total $ — $ — $ 12 $ 12
Fair Value, by Balance Sheet Grouping	The following table presents the carrying amounts and estimated fair values of our financial instruments not measured at fair value and indicates the level in the fair value hierarchy of the estimated fair value measurement based on the observability of the inputs used: Estimated Fair Value (in millions) Level 1 Level 2 Level 3 Total Carrying March 31, 2023 Assets: Mortgage and other loans receivable $ — $ 32 $ 42,928 $ 42,960 $ 45,770 Other invested assets — 244 — 244 244 Short-term investments — 2,466 — 2,466 2,466 Cash 465 — — 465 465 Other assets 4 — — 4 4 Liabilities: Policyholder contract deposits associated with investment-type contracts — 115 132,903 133,018 138,269 Fortitude Re funds withheld payable — — 24,859 24,859 24,859 Other liabilities — 2,614 — 2,614 2,614 Short-term debt 1,500 — 1,500 1,500 Long-term debt — 7,108 — 7,108 7,871 Debt of consolidated investment entities — 86 2,347 2,433 2,682 Separate account liabilities - investment contracts — 83,452 — 83,452 83,452 December 31, 2022 Assets: Mortgage and other loans receivable $ — $ 31 $ 40,936 $ 40,967 $ 44,403 Other invested assets — 222 — 222 222 Short-term investments — 3,043 — 3,043 3,043 Cash 552 — — 552 552 Other assets 4 8 — 12 12 Liabilities: Policyholder contract deposits associated with investment-type contracts — 119 129,174 129,293 137,086 Fortitude Re funds withheld payable — — 25,289 25,289 25,289 Other liabilities — 3,056 — 3,056 3,056 Short-term debt — 1,500 — 1,500 1,500 Long-term debt — 7,172 — 7,172 7,868 Debt of consolidated investment entities — 3,055 2,488 5,543 5,952 Separate account liabilities - investment contracts — 80,649 — 80,649 80,649

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2023
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Value of Available For Sale Securities	The following table presents the amortized cost or cost and fair value of our available-for-sale securities: (in millions) Amortized Cost or Costs (a) Allowance for Credit Losses (b) Gross Gross Fair Value (a) March 31, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 1,409 $ — $ 25 $ (175) $ 1,259 Obligations of states, municipalities and political subdivisions 6,761 — 77 (677) 6,161 Non-U.S. governments 5,065 (5) 32 (774) 4,318 Corporate debt 120,224 (64) 977 (17,044) 104,093 Mortgage-backed, asset-backed and collateralized: RMBS 12,737 (26) 556 (789) 12,478 CMBS 11,245 (1) 8 (1,113) 10,139 CLO 9,409 — 27 (363) 9,073 ABS 12,621 — 27 (1,108) 11,540 Total mortgage-backed, asset-backed and collateralized 46,012 (27) 618 (3,373) 43,230 Total bonds available for sale $ 179,471 $ (96) $ 1,729 $ (22,043) $ 159,061 December 31, 2022 Bonds available for sale: U.S. government and government sponsored entities $ 1,405 $ — $ 17 $ (224) $ 1,198 Obligations of states, municipalities and political subdivisions 6,808 — 42 (924) 5,926 Non-U.S. governments 5,251 (5) 25 (879) 4,392 Corporate debt 124,068 (116) 729 (19,989) 104,692 Mortgage-backed, asset-backed and collateralized: RMBS 12,267 (27) 574 (870) 11,944 CMBS 11,176 — 7 (1,115) 10,068 CLO 8,547 — 15 (376) 8,186 ABS 11,752 — 15 (1,380) 10,387 Total mortgage-backed, asset-backed and collateralized 43,742 (27) 611 (3,741) 40,585 Total bonds available for sale $ 181,274 $ (148) $ 1,424 $ (25,757) $ 156,793 (a) The table above includes available-for-sale securities issued by related parties. This includes RMBS which had a fair value of $40 million and $39 million, and an amortized cost of $43 million and $43 million as of March 31, 2023 and December 31, 2022, respectively. Additionally, this includes CLOs which had a fair value of $238 million and an amortized cost of $249 million as of March 31, 2023. There were no available-for-sale CLO securities issued by related parties as of December 31, 2022. (b) Changes in the allowance for credit losses are recorded through Net realized gains (losses) and are not recognized in OCI.
Schedule of Unrealized Loss on Investments	The following table summarizes the fair value and gross unrealized losses on our available-for-sale securities, aggregated by major investment category and length of time that individual securities have been in a continuous unrealized loss position for which no allowance for credit loss has been recorded: Less Than 12 Months 12 Months or More Total (in millions) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses March 31, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 809 $ 175 $ 1 $ — $ 810 $ 175 Obligations of states, municipalities and political subdivisions 4,762 675 22 2 4,784 677 Non-U.S. governments 3,762 769 7 — 3,769 769 Corporate debt 66,755 12,539 22,643 4,484 89,398 17,023 RMBS 4,745 374 2,523 348 7,268 722 CMBS 6,649 643 3,017 467 9,666 1,110 CLO 4,486 156 3,555 207 8,041 363 ABS 5,018 423 4,794 685 9,812 1,108 Total bonds available for sale $ 96,986 $ 15,754 $ 36,562 $ 6,193 $ 133,548 $ 21,947 December 31, 2022 Bonds available for sale: U.S. government and government sponsored entities $ 761 $ 224 $ — $ — $ 761 $ 224 Obligations of states, municipalities and political subdivisions 5,076 924 — — 5,076 924 Non-U.S. governments 3,932 868 — — 3,932 868 Corporate debt 82,971 16,866 11,143 3,070 94,114 19,936 RMBS 6,227 653 903 171 7,130 824 CMBS 7,902 797 1,708 318 9,610 1,115 CLO 5,573 234 2,007 142 7,580 376 ABS 6,998 854 2,271 526 9,269 1,380 Total bonds available for sale $ 119,440 $ 21,420 $ 18,032 $ 4,227 $ 137,472 $ 25,647
Fixed Maturity Securities Available For Sale by Contractual Maturity	The following table presents the amortized cost and fair value of fixed maturity securities available for sale by contractual maturity: Total Fixed Maturity Securities (in millions) Amortized Cost, Fair Value March 31, 2023 Due in one year or less $ 1,994 $ 1,989 Due after one year through five years 21,059 20,376 Due after five years through ten years 26,335 23,999 Due after ten years 84,002 69,467 Mortgage-backed, asset-backed and collateralized 45,985 43,230 Total $ 179,375 $ 159,061 Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay certain obligations with or without call or prepayment penalties.
Realized Gain (Loss) on Investments	The following table presents the gross realized gains and gross realized losses from sales or maturities of our available-for-sale securities: Three Months Ended March 31, 2023 2022 (in millions) Gross Gross Gross Gross Fixed maturity securities $ 46 $ (139) $ 64 $ (163)
Fixed Maturity Securities and Equity Securities at Fair Value	The following table presents the fair value of fixed maturity securities measured at fair value, including securities in the modco agreement with Fortitude Re, based on our election of the fair value option and equity securities measured at fair value: March 31, 2023 December 31, 2022 (in millions) Fair Value* Percent Fair Value* Percent Fixed maturity securities: U.S. government and government sponsored entities $ 1 — % $ — — % — % Obligations of states, municipalities and political subdivisions 64 1 % 37 1 % Non-U.S. governments 30 1 % 22 1 % Corporate debt 2,361 55 % 2,222 56 % Mortgage-backed, asset-backed and collateralized: RMBS 175 4 % 165 4 % CMBS 257 6 % 232 6 % CLO 364 9 % 279 7 % ABS 851 20 % 812 21 % Total mortgage-backed, asset-backed and collateralized 1,647 39 % 1,488 38 % Total fixed maturity securities 4,103 96 % 3,769 96 % Equity securities 191 4 % 170 4 % Total $ 4,294 100 % $ 3,939 100 %
Schedule of Other Invested Assets	The following table summarizes the carrying amounts of other invested assets: (in millions) March 31, 2023 December 31, 2022 Alternative investments (a) (b) $ 8,037 $ 8,014 Investment real estate (c) 1,868 1,831 All other investments (d) 591 573 Total (e) $ 10,496 $ 10,418 (a) At March 31, 2023, included hedge funds of $802 million and private equity funds of $7.2 billion. At December 31, 2022, included hedge funds of $884 million and private equity funds of $7.1 billion. (b) At March 31, 2023, approximately 77% of our hedge fund portfolio is available for redemption in 2023. The remaining 23% will be available for redemption between 2024 and 2028. At December 31, 2022, approximately 77% of our hedge fund portfolio is available for redemption in 2023. The remaining 23% will be available for redemption between 2024 and 2028. (c) Represents values net of accumulated depreciation of $627 million and $616 million as of March 31, 2023 and December 31, 2022, respectively. The accumulated depreciation related to the investment real estate held by legacy assets owned by us was $123 million and $124 million as of March 31, 2023 and December 31, 2022, respectively. (d) Includes Corebridge’s ownership interest in Fortitude Holdings, which is recorded using the measurement alternative for equity securities. Our investment in Fortitude Holdings totaled $156 million and $156 million at March 31, 2023 and December 31, 2022, respectively. (e) Includes investments in related parties, which totaled $6 million and $6 million as of March 31, 2023 and December 31, 2022, respectively.
Carrying Amount and Ownership Percentage of Equity Method Investments	Other Invested Assets – Equity Method Investments The following table presents the carrying amount and ownership percentage of equity method investments at March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 (in millions) Carrying Ownership Carrying Ownership Equity method investments $ 3,218 Various $ 3,185 Various
Components of Net Investment Income	The following table presents the components of Net investment income: Three Months Ended March 31, 2023 2022 (in millions) Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 1,896 $ 217 $ 2,113 $ 1,620 $ 268 $ 1,888 Other bond securities 10 105 115 (19) (93) (112) Equity securities 29 — 29 (57) — (57) Interest on mortgage and other loans 512 50 562 384 40 424 Alternative investments* (1) 31 30 445 71 516 Real estate 4 — 4 (3) — (3) Other investments 3 — 3 38 — 38 Total investment income 2,453 403 2,856 2,408 286 2,694 Investment expenses 152 9 161 105 8 113 Net investment income $ 2,301 $ 394 $ 2,695 $ 2,303 $ 278 $ 2,581 * Includes income from hedge funds, private equity funds and affordable housing partnerships. Hedge funds are recorded as of the balance sheet date. Private equity funds are generally reported on a one-quarter lag.
Components of Unrealized Gain (Loss) on Investments	The following table presents the components of Net realized gains (losses): Three Months Ended March 31, 2023 2022 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (76) $ (17) $ (93) $ (79) $ (20) $ (99) Change in allowance for credit losses on fixed maturity securities (17) — (17) (26) (40) (66) Change in allowance for credit losses on loans (34) (19) (53) (26) (6) (32) Foreign exchange transactions, net of related hedges 11 7 18 111 6 117 Index-linked interest credited embedded derivatives, net of related hedges (178) — (178) 205 — 205 All other derivatives and hedge accounting* (164) 48 (116) (12) (66) (78) Sales of alternative investments and real estate investments 5 1 6 8 1 9 Other — — — (8) 2 (6) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (453) 20 (433) 173 (123) 50 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (1,025) (1,025) — 2,837 2,837 Net realized gains (losses) $ (453) $ (1,005) $ (1,458) $ 173 $ 2,714 $ 2,887
Rollforward of the Changes In Allowance for Credit Losses	The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available-for-sale securities: Three Months Ended March 31, (in millions) 2023 2022 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ 4,019 $ (16,874) Other investments 1 — Total increase (decrease) in unrealized appreciation (depreciation) of investments $ 4,020 $ (16,874) The following table presents a rollforward of the changes in allowance for credit losses on available-for-sale fixed maturity securities by major investment category: Three Months Ended March 31, 2023 2022 (in millions) Structured Non-Structured Total Structured Non-Structured Total Balance, beginning of period $ 27 $ 121 $ 148 $ 8 $ 70 $ 78 Additions: Securities for which allowance for credit losses were not previously recorded 2 12 14 33 94 127 Reductions: Securities sold during the period (2) (17) (19) — (2) (2) Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis — 3 3 (30) (32) (62) Write-offs charged against the allowance — (50) (50) — — — Balance, end of period $ 27 $ 69 $ 96 $ 11 $ 130 $ 141
Schedule of Financial Instruments Owned and Pledged as Collateral	The following table summarizes the unrealized gains and losses recognized in Net investment income during the reporting period on equity securities and other invested assets still held at the reporting date: Three Months Ended March 31, 2023 2022 (in millions) Equities Other Invested Assets Total Equities Other Invested Assets Total Net gains (losses) recognized during the period on equity securities and other investments $ 29 $ 31 $ 60 $ (57) $ 299 $ 242 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 33 1 34 (46) (3) (49) Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (4) $ 30 $ 26 $ (11) $ 302 $ 291 The following table presents the fair value of securities pledged to counterparties under secured financing transactions, including repurchase agreements: (in millions) March 31, 2023 December 31, 2022 Fixed maturity securities available for sale $ 2,679 $ 2,968 Remaining Contractual Maturity of the Repurchase Agreements (in millions) Overnight and Continuous Up to 30 Days 31 - 90 Days 91 - 364 Days 365 Days or Greater Total March 31, 2023 Bonds available for sale: Non-U.S. governments $ — $ 74 $ — $ — $ — $ 74 Corporate debt 28 2,084 493 — — 2,605 Total $ 28 $ 2,158 $ 493 $ — $ — $ 2,679 December 31, 2022 Bonds available for sale: Non-U.S. governments $ — $ 21 $ — $ — $ — $ 21 Corporate debt — 2,370 577 — — 2,947 Total $ — $ 2,391 $ 577 $ — $ — $ 2,968

Lending Activities (Tables)

Lending Activities (Tables)	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Composition of Mortgages and Other Loans Receivable	The following table presents the composition of Mortgage and other loans receivable, net: (in millions) March 31, 2023 December 31, 2022 Commercial mortgages (a) $ 33,692 $ 32,993 Residential mortgages 6,627 5,856 Life insurance policy loans 1,740 1,750 Commercial loans, other loans and notes receivable (b) 4,469 4,567 Total mortgage and other loans receivable 46,528 45,166 Allowance for credit losses (c) (659) (600) Mortgage and other loans receivable, net $ 45,869 $ 44,566 (a) Commercial mortgages primarily represent loans for apartments, offices and retail properties, with exposures in New York and California representing the largest geographic concentrations (aggregating approximately 19% and 10%, respectively, at March 31, 2023, and 20% and 11%, respectively, at December 31, 2022). The weighted average loan-to-value ratio for NY and CA was 60% and 54% at March 31, 2023, respectively, and 59% and 53% at December 31, 2022, respectively. The debt service coverage ratio for NY and CA was 2.0X and 2.1X at March 31, 2023, respectively, and 2.0X and 2.1X at December 31, 2022, respectively. (b) Includes loans held for sale which are carried at lower cost or market, determined on an individual loan basis, and are collateralized primarily by apartments. As of March 31, 2023 and December 31, 2022, the net carrying value of these loans was $173 million and $170 million, respectively. (c) Does not include allowance for credit losses of $54 million and $60 million at March 31, 2023 and December 31, 2022, respectively in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities.
Credit Quality	The following table presents debt service coverage ratios * for commercial mortgages by year of vintage: March 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total >1.2X $ 307 $ 5,471 $ 2,061 $ 1,177 $ 4,918 $ 13,530 $ 27,464 1.00 - 1.20X 46 993 857 755 358 1,399 4,408 <1.00X — 38 — 23 — 1,759 1,820 Total commercial mortgages $ 353 $ 6,502 $ 2,918 $ 1,955 $ 5,276 $ 16,688 $ 33,692 December 31, 2022 (in millions) 2022 2021 2020 2019 2018 Prior Total >1.2X $ 5,382 $ 2,043 $ 1,521 $ 4,832 $ 3,505 $ 9,948 $ 27,231 1.00 - 1.20X 859 734 388 343 470 1,088 3,882 <1.00X 37 — 23 52 707 1,061 1,880 Total commercial mortgages $ 6,278 $ 2,777 $ 1,932 $ 5,227 $ 4,682 $ 12,097 $ 32,993 * The debt service coverage ratio compares a property’s net operating income to its debt service payments, including principal and interest. Our weighted average debt service coverage ratio was 1.9X at March 31, 2023 and 1.9X at December 31, 2022. The debt service coverage ratios are updated when additional information becomes available. The following table presents loan-to-value ratios * for commercial mortgages by year of vintage: March 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total Less than 65% $ 321 $ 5,461 $ 2,210 $ 1,535 $ 3,795 $ 12,215 $ 25,537 65% to 75% 32 1,006 428 269 1,431 2,313 5,479 76% to 80% — 35 43 — — 301 379 Greater than 80% — — 237 151 50 1,859 2,297 Total commercial mortgages $ 353 $ 6,502 $ 2,918 $ 1,955 $ 5,276 $ 16,688 $ 33,692 December 31, 2022 (in millions) 2022 2021 2020 2019 2018 Prior Total Less than 65% $ 5,270 $ 2,061 $ 1,515 $ 3,752 $ 2,666 $ 9,205 $ 24,469 65% to 75% 973 435 391 1,425 1,356 1,184 5,764 76% to 80% 35 43 — — 70 218 366 Greater than 80% — 238 26 50 590 1,490 2,394 Total commercial mortgages $ 6,278 $ 2,777 $ 1,932 $ 5,227 $ 4,682 $ 12,097 $ 32,993 * The loan-to-value ratio compares the current unpaid principal balance of the loan to the estimated fair value of the underlying property collateralizing the loan. Our weighted average loan-to-value ratio was 58% at March 31, 2023, and 59% at December 31, 2022. The loan-to-value ratios reflect the latest obtained valuations of the collateral properties. We update the valuations of collateral properties by obtaining independent appraisals, generally at least once per year. The following table presents the credit quality performance indicators for commercial mortgages: (dollars in millions) Number Class Percent Apartments Offices Retail Industrial Hotel Others Total (b) March 31, 2023 Credit Quality Performance Indicator: In good standing 607 $ 13,344 $ 8,614 $ 3,602 $ 5,540 $ 1,853 $ 298 $ 33,251 99% 90 days or less delinquent 2 276 — — — — — 276 1% >90 days delinquent or in process of foreclosure (c) 3 — 165 — — — — 165 —% Total (a) 612 $ 13,620 $ 8,779 $ 3,602 $ 5,540 $ 1,853 $ 298 $ 33,692 100% Allowance for credit losses $ 89 $ 348 $ 56 $ 66 $ 21 $ 6 $ 586 2 % December 31, 2022 Credit Quality Performance Indicator: In good standing 599 $ 13,226 $ 8,470 $ 3,192 $ 5,417 $ 1,749 $ 290 $ 32,344 98% Restructured 9 — 329 94 — 59 — 482 1% 90 days or less delinquent — — — — — — — — —% >90 days delinquent or in process of foreclosure (c) 3 — 167 — — — — 167 1% Total (a) 611 $ 13,226 $ 8,966 $ 3,286 $ 5,417 $ 1,808 $ 290 $ 32,993 100% Allowance for credit losses $ 89 $ 294 $ 54 $ 65 $ 23 $ 6 $ 531 2 % (a) Does not reflect allowance for credit losses. (b) Our commercial mortgage loan portfolio is current as to payments of principal and interest, for both periods presented. There were no significant amounts of nonperforming commercial mortgages (defined as those loans where payment of contractual principal or interest is more than 90 days past due) during any of the periods presented. (c) Includes $157 million and $156 million of Office loans supporting the Fortitude Re funds withheld arrangements, greater than 90 days delinquent or in process of foreclosure, at March 31, 2023 and December 31, 2022, respectively. The following table presents credit quality performance indicators for residential mortgages by year of vintage: March 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total FICO*: 780 and greater $ 70 $ 477 $ 2,326 $ 646 $ 233 $ 511 $ 4,263 720 - 779 269 523 509 168 71 194 1,734 660 - 719 72 230 81 34 16 94 527 600 - 659 2 21 6 — 2 47 78 Less than 600 — — 1 — 1 23 25 Total residential mortgages $ 413 $ 1,251 $ 2,923 $ 848 $ 323 $ 869 $ 6,627 December 31, 2022 (in millions) 2022 2021 2020 2019 2018 Prior Total FICO*: 780 and greater $ 294 $ 2,141 $ 652 $ 229 $ 76 $ 437 $ 3,829 720 - 779 536 711 167 75 32 134 1,655 660 - 719 163 79 28 16 9 47 342 600 - 659 2 4 2 1 2 13 24 Less than 600 — — — 1 — 5 6 Total residential mortgages $ 995 $ 2,935 $ 849 $ 322 $ 119 $ 636 $ 5,856 * Fair Isaac Corporation (“FICO”) is the credit quality indicator used to evaluate consumer credit risk for residential mortgage loan borrowers and has been updated within the last twelve months.
Allowance for Credit Loss	The following table presents a rollforward of the changes in the allowance for credit losses on Mortgage and other loans receivable:* Three Months Ended March 31, 2023 2022 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Allowance, beginning of period $ 531 $ 69 $ 600 $ 423 $ 73 $ 496 Loans charged off — — — (5) — (5) Net charge-offs — — — (5) — (5) Addition to (release of) allowance for loan losses 55 4 59 $ (5) $ 2 $ (3) Divestitures — — — — — — Allowance, end of period $ 586 $ 73 $ 659 $ 413 $ 75 $ 488 * Does not include allowance for credit losses of $54 million and $93 million, respectively, at March 31, 2023 and 2022 in relation to the off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities in the Condensed Consolidated Balance Sheets.

Reinsurance (Tables)

Reinsurance (Tables)	3 Months Ended
	Mar. 31, 2023
Insurance [Abstract]
Summary of Assets Supporting Funds Withheld Arrangements	There is a diverse pool of assets supporting the funds withheld arrangements with Fortitude Re. The following summarizes the composition of the pool of assets: March 31, 2023 December 31, 2022 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available for sale $ 16,302 $ 16,302 $ 16,339 $ 16,339 Fair value through other comprehensive income Fixed maturity securities - fair value option 3,745 3,745 3,485 3,485 Fair value through net investment income Commercial mortgage loans 3,525 3,317 3,490 3,241 Amortized cost Real estate investments 130 315 133 348 Amortized cost Private equity funds/hedge funds 1,900 1,900 1,893 1,893 Fair value through net investment income Policy loans 345 345 355 355 Amortized cost Short-term Investments 114 114 69 69 Fair value through net investment income Funds withheld investment assets 26,061 26,038 25,764 25,730 Derivative assets, net (a) 81 81 90 90 Fair value through realized gains (losses) Other (b) 514 514 731 731 Amortized cost Total $ 26,656 $ 26,633 $ 26,585 $ 26,551 (a) The derivative assets and liabilities have been presented net of cash collateral. The derivative assets supporting the Fortitude Re funds withheld arrangements had a fair market value of $276 million a nd $189 million as of March 31, 2023 and December 31, 2022, respectively. These derivative assets and liabilities are fully collateralized either by cash or securities. (b) Primarily comprised of Cash and Accrued investment income.
Reinsurance Recoverable, Allowance for Credit Loss	Individual Life Institutional (in millions) Retirement Insurance Markets Total Pre-adoption, December 31, 2020 for Reinsurance assets - other, net of allowance for credit losses and disputes (a) $ 309 $ 2,370 $ 43 $ 2,722 Reclassification of Cost of Reinsurance (b) — 416 — 416 Reclassification to Market risk benefits (35) — — (35) Change in cash flow assumptions and effect of net premiums exceeding gross premiums — (52) — (52) Change due to the current upper-medium grade discount rate — 99 5 104 Post-adoption January 1, 2021 for Reinsurance assets - other, net of allowance for credit losses and disputes $ 274 $ 2,833 $ 48 $ 3,155 (a) Excludes $(15) million of Reinsurance assets - other, net of allowance for credit losses and disputes in Other Operations. (b) Cost of reinsurance is reported in Other liabilities in the Condensed Consolidated Balance sheets. Corporate and (in millions) Other Pre-adoption, December 31, 2020 for Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes $ 29,158 Change in cash flow assumptions and effect of net premiums exceeding gross premiums 55 Change due to the current upper-medium grade discount rate 7,611 Post-adoption January 1, 2021 for Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes $ 36,824 The remeasurement of the reinsurance recoverable using the current upper-medium grade discount rate is offset in AOCI. The impact of the funds withheld arrangements with Fortitude Re was as follows: Three Months Ended March 31, (in millions) 2023 2022 Net investment income - Fortitude Re funds withheld assets $ 394 $ 278 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized gains (losses) Fortitude Re funds withheld assets 20 (123) Net realized gains (losses) Fortitude Re funds withheld embedded derivatives (1,025) 2,837 Net realized gains (losses) on Fortitude Re funds withheld assets (1,005) 2,714 Income (loss) before income tax benefit (expense) (611) 2,992 Income tax benefit (expense)* 128 (628) Net income (loss) (483) 2,364 Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available for sale* 451 (2,276) Comprehensive income (loss) $ (32) $ 88 * The income tax expense (benefit) and the tax impact in AOCI was computed using the U.S. statutory tax rate of 21%. The following table presents a rollforward of the reinsurance recoverable allowance: Three Months Ended March 31, (in millions) 2023 2022 Balance, beginning of period $ 84 $ 101 Current period provision for expected credit losses and disputes (10) 4 Write-offs charged against the allowance for credit losses and disputes — — Other changes — — Balance, end of period $ 74 $ 105

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The following table presents the total assets and total liabilities associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Balance Sheets: (in millions) Real Estate and Investment Entities (c) Securitization and Repackaging Vehicles (d) Total March 31, 2023 Assets: Bonds available for sale $ — $ 119 $ 119 Other bond securities — — — Equity securities 40 — 40 Mortgage and other loans receivable — 2,034 2,034 Other invested assets Alternative investments (a) 2,840 — 2,840 Investment real estate 1,766 — 1,766 Short-term investments 190 7 197 Cash 96 — 96 Accrued investment income — 5 5 Other assets 133 — 133 Total assets (b) $ 5,065 $ 2,165 $ 7,230 Liabilities: Debt of consolidated investment entities $ 1,363 $ 1,322 $ 2,685 Other liabilities 97 — 97 Total liabilities $ 1,460 $ 1,322 $ 2,782 December 31, 2022 Assets: Bonds available for sale $ — $ 3,571 $ 3,571 Other bond securities — — — Equity securities 51 — 51 Mortgage and other loans receivable — 2,088 2,088 Other invested assets Alternative investments (a) 2,842 — 2,842 Investment real estate 1,731 — 1,731 Short-term investments 191 265 456 Cash 71 — 71 Accrued investment income — 7 7 Other assets 102 68 170 Total assets (b) $ 4,988 $ 5,999 $ 10,987 Liabilities: Debt of consolidated investment entities $ 1,382 $ 4,576 $ 5,958 Other liabilities 85 47 132 Total liabilities $ 1,467 $ 4,623 $ 6,090 (a) Composed primarily of investments in real estate joint ventures at March 31, 2023 and December 31, 2022. (b) The assets of each VIE can be used only to settle specific obligations of that VIE. (c) Off-balance-sheet exposure primarily consisting of commitments by insurance operations and affiliates into real estate and investment entities. At March 31, 2023 and December 31, 2022, together the Company and AIG affiliates have commitments to internal parties of $2.0 billion and $2.1 billion and commitments to external parties of $0.5 billion and $0.6 billion, respectively. At March 31, 2023, $1.4 billion out of the internal commitments was from subsidiaries of Corebridge entities and $0.7 billion was from other AIG affiliates. At December 31, 2022, $1.4 billion out of the internal commitments was from subsidiaries of Corebridge entities, and $0.7 billion was from other AIG affiliates. (d) During the three-month period ended March 31, 2023, Corebridge deconsolidated certain consolidated investment entities, as part of the sale of AIG Credit Management, LLC with $3.6 billion assets and $3.2 billion in liabilities, resulting in a pre-tax loss of $3 million. Real Estate and Securitization Investment and Repackaging (in millions) Entities Vehicles Total Three Months Ended March 31, 2023 Total revenue $ 53 $ 59 $ 112 Net income attributable to noncontrolling interests 6 — 6 Net income (loss) attributable to Corebridge 33 45 78 Three Months Ended March 31, 2022 Total revenue $ 200 $ 62 $ 262 Net income attributable to noncontrolling interests 75 — 75 Net income (loss) attributable to Corebridge 114 31 145 The following table presents total assets of unconsolidated VIEs in which we hold a variable interest, as well as our maximum exposure to loss associated with these VIEs: Maximum Exposure to Loss (in millions) Total VIE On-Balance Sheet (b) Off-Balance Sheet (c) Total March 31, 2023 Real estate and investment entities (a) $ 376,688 $ 5,649 $ 2,832 $ 8,481 Total $ 376,688 $ 5,649 $ 2,832 $ 8,481 December 31, 2022 Real estate and investment entities (a) $ 376,055 $ 5,575 $ 2,784 $ 8,359 Total $ 376,055 $ 5,575 $ 2,784 $ 8,359 (a) Composed primarily of hedge funds and private equity funds. (b) At March 31, 2023 and December 31, 2022, $5.6 billion and $5.6 billion, respectively, of our total unconsolidated VIE assets were recorded as other invested assets. (c) These amounts represent our unfunded commitments to invest in private equity funds and hedge funds.

Derivatives and Hedge Account_2

Derivatives and Hedge Accounting (Tables)	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the notional amounts of our derivatives and the fair value of derivative assets and liabilities in the Condensed Consolidated Balance Sheets: March 31, 2023 December 31, 2022 Gross Derivative Gross Derivative Liabilities Gross Derivative Gross Derivative Liabilities (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Derivatives designated as hedging instruments: (a) Interest rate contracts $ 575 $ 225 $ 762 $ 14 $ 155 $ 202 $ 1,798 $ 77 Foreign exchange contracts 1,766 241 1,199 23 3,535 575 3,354 176 Derivatives not designated as hedging instruments: (a) Interest rate contracts 19,292 1,224 34,211 2,073 27,656 1,371 21,553 2,599 Foreign exchange contracts 8,850 989 7,845 333 4,630 672 6,673 456 Equity contracts 25,238 676 8,785 61 26,041 417 9,962 27 Other contracts (b) 46,652 14 — — 47,128 15 48 — Total derivatives, gross $ 102,373 $ 3,369 $ 52,802 $ 2,504 $ 109,145 $ 3,252 $ 43,388 $ 3,335 Counterparty netting (c) (2,303) (2,303) (2,547) (2,547) Cash collateral (d) (376) (42) (406) (691) Total derivatives on Condensed Consolidated Balance Sheets (e) $ 690 $ 159 $ 299 $ 97 (a) Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral. (b) Consists primarily of stable value wraps and contracts with multiple underlying exposures. (c) Represents netting of derivative exposures covered by a qualifying master netting agreement. (d) Represents cash collateral posted and received that is eligible for netting. (e) Freestanding derivatives only, excludes embedded derivatives. Derivative instrument assets and liabilities are recorded in Other assets and Other liabilities, respectively. The fair value of assets related to bifurcated embedded derivatives were both zero at March 31, 2023 and December 31, 2022. The fair value of liabilities related to bifurcated embedded derivatives was $7.9 billion and $6.7 billion at March 31, 2023 and December 31, 2022, respectively. A bifurcated embedded derivative is generally presented with the host contract in the Condensed Consolidated Balance Sheets. Embedded derivatives are primarily related to guarantee features in fixed index annuities and index universal life contracts, which include equity and interest rate components and the funds withheld arrangement with Fortitude Re. For additional information, see Note 7. The following table presents the gross notional amounts of our derivatives and the fair value of derivative assets and liabilities with related parties and third parties: March 31, 2023 December 31, 2022 Gross Derivative Gross Derivative Gross Derivative Gross Derivative (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Total derivatives with related parties $ 48,001 $ 3,074 $ 47,768 $ 2,268 $ 60,633 $ 3,177 $ 42,109 $ 3,154 Total derivatives with third parties 54,372 295 5,034 236 48,512 75 1,279 181 Total derivatives, gross $ 102,373 $ 3,369 $ 52,802 $ 2,504 $ 109,145 $ 3,252 $ 43,388 $ 3,335 As of March 31, 2023 and December 31, 2022, the following amounts were recorded on the Condensed Consolidated Balance Sheets related to the carrying amount of the hedged assets (liabilities) and cumulative basis adjustments included in the carrying amount for fair value hedges: March 31, 2023 December 31, 2022 (in millions) Carrying Cumulative Amount of Carrying Cumulative Amount of Balance sheet line item in which hedged item is recorded: Fixed maturities, available for sale, at fair value $ 6,201 $ — $ 6,520 $ — Commercial mortgage and other loans (a) — (25) — (25) Policyholder contract deposits (b) (2,818) (18) (2,218) 68 (a) This relates to hedge accounting that has been discontinued, but the respective loans are still held. The cumulative adjustment is being amortized into earnings over the remaining life of the loan. (b) This relates to fair value hedges on GICs. The following table presents the gain (loss) recognized in earnings on our derivative instruments in fair value hedging relationships in the Condensed Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Three Months Ended March 31, 2023 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances 86 — (88) (2) Net investment income — — — — Foreign exchange contracts: Realized gains (losses) (83) 79 83 79 Three Months Ended March 31, 2022 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (57) — 59 2 Net investment income 1 — (1) — Foreign exchange contracts: Realized gains (losses) 147 8 (147) 8 (a) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are included in the assessment of hedge effectiveness. (b) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are excluded from the assessment of hedge effectiveness and recognized in earnings on a mark-to-market basis. (c) Primarily consists of gains and losses with related parties. The following table presents the effect of derivative instruments not designated as hedging instruments in the Condensed Consolidated Statements of Income (Loss): Gains (Losses) Recognized in Earnings Three Months Ended March 31, (in millions) 2023 2022 By Derivative Type: Interest rate contracts $ 32 $ (814) Foreign exchange contracts (67) 226 Equity contracts 83 (196) Credit contracts — (1) Other contracts (127) 17 Embedded derivatives within policyholder contract deposits (384) 661 Fortitude Re funds withheld embedded derivative (1,025) 2,837 Total (a) $ (1,488) $ 2,730 By Classification: Policy fees $ 16 $ 15 Net investment income (2) (4) Net realized gains (losses) - excluding Fortitude Re funds withheld assets (414) 407 Net realized gains (losses) on Fortitude Re funds withheld assets 43 (52) Net realized losses on Fortitude Re funds withheld embedded derivatives (1,025) 2,837 Policyholder benefits 3 (7) Change in the fair value of market risk benefits (b) (109) (466) Total (a) $ (1,488) $ 2,730 (a) Includes gains (losses) with related parties of $6 million and $(1.0) billion for the three months ended March 31, 2023 a nd 2022, respectively. (b) This represents activity related to derivatives that economically hedged changes in the fair value of certain MRBs.

Deferred Policy Acquisition C_2

Deferred Policy Acquisition Costs (Tables)	3 Months Ended
	Mar. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Policy Acquisition Costs	The following table presents the transition rollforward for DAC: Individual Group Life Institutional Total (in millions) Pre-adoption December 31, 2020 DAC balance $ 2,426 $ 560 $ 4,229 $ 26 $ 7,241 Adjustments for the removal of related balances in Accumulated other comprehensive income originating from unrealized gains (losses) 2,050 533 544 7 3,134 Post-adoption January 1, 2021 DAC balance $ 4,476 $ 1,093 $ 4,773 $ 33 $ 10,375 Prior to the adoption of LDTI, DAC for investment-oriented products included the effect of unrealized gains or losses on fixed maturity securities classified as available for sale. At the transition date, these adjustments were removed with a corresponding offset in AOCI. As the available for sale portfolio was in an unrealized gain position as of the transition date, the adjustment for removal of related balances in AOCI originating from unrealized gains (losses) balances were reducing DAC. The following table presents the transition rollforward for value of business acquired for long-duration contracts: Individual Group Life Total (in millions) Pre-adoption December 31, 2020 VOBA balance $ 3 $ 1 $ 118 $ 122 Adjustments for the removal of related balances in accumulated other comprehensive income originating from unrealized gains (losses) — — 3 3 Post-adoption January 1, 2021 VOBA balance $ 3 $ 1 $ 121 $ 125 The following table presents a rollforward of deferred policy acquisition costs related to long-duration contracts for the three months periods ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 Individual Group Life Institutional Total (in millions) Balance, beginning of year $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 187 21 107 4 319 Amortization expense (137) (21) (93) (2) (253) Other, including foreign exchange — — 13 — 13 Balance, end of period $ 4,693 $ 1,060 $ 4,745 $ 53 $ 10,551 Value of Business Acquired 1 1 88 — 90 Deferred policy acquisition costs and value of business acquired $ 4,694 $ 1,061 $ 4,833 $ 53 $ 10,641 Three Months Ended March 31, 2022 Individual Group Life Institutional Total (in millions) Balance, beginning of year $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 Capitalization 143 14 100 3 260 Amortization expense (119) (19) (101) (1) (240) Other, including foreign exchange — — (18) (1) (19) Balance, end of period $ 4,628 $ 1,073 $ 4,746 $ 39 $ 10,486 Value of Business Acquired 2 1 105 — 108 Deferred policy acquisition costs and value of business acquired $ 4,630 $ 1,074 $ 4,851 $ 39 $ 10,594 The following table presents a rollforward of value of business acquired for the three months periods ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Individual Group Life Total Individual Group Life Total (in millions) Balance, beginning of year $ 3 $ 1 $ 87 $ 91 $ 3 $ 1 $ 109 $ 113 Amortization expense — — (3) (3) — — — (3) (3) Other, including foreign exchange (2) — 4 2 (1) — (1) (2) Balance, end of period $ 1 $ 1 $ 88 $ 90 $ 2 $ 1 $ — $ 105 $ 108 The following table presents the transition rollforward for deferred sales inducement assets for long-duration contracts: (in millions) Individual Group Total Pre-adoption December 31, 2020 deferred sales inducement assets balance $ 194 $ 91 $ 285 Adjustments for the removal of related balances in Accumulated other comprehensive income originating from unrealized gains (losses) 282 114 396 Post-adoption January 1, 2021 deferred sales inducement asset balance $ 476 $ 205 $ 681 Prior to the adoption of LDTI, deferred sales inducements for investment-oriented products included the effect of unrealized gains or losses on fixed maturity securities classified as available-for-sale. At the transition date, these adjustments were removed with a corresponding offset in AOCI. As the available for sale portfolio was in an unrealized gain position as of the transition date, the adjustment for removal of related balances in AOCI originating from unrealized gains (losses) balances were reducing DSI. The following table presents a rollforward of deferred sales inducement assets related to long-duration contracts for the three months periods ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 Capitalization 2 — 2 2 — 2 Amortization expense (14) (3) (17) (13) (4) (17) Balance, end of period $ 369 $ 174 $ 543 $ 417 $ 187 $ 604 Other reconciling items* 2,145 2,092 Other assets, including restricted cash $ 2,688 $ 2,696 * Other reconciling items include prepaid expenses, goodwill, intangible assets and any similar items.

Insurance Liabilities (Tables)

Insurance Liabilities (Tables)	3 Months Ended
	Mar. 31, 2023
Insurance [Abstract]
Liability for Future Policy Benefit, Activity	The following table presents the transition rollforward of the liability for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 liability for future policy benefits balance $ 1,309 $ 282 $ 11,129 $ 11,029 $ 22,206 $ 45,955 Adjustments for the reclassification to the deferred profit liability (65) (8) — (766) (859) (1,698) Change in cash flow assumptions and effect of net premiums exceeding gross premiums (14) 2 16 4 55 63 Effect of the remeasurement of the liability at a current single A rate 156 63 2,977 1,655 7,611 12,462 Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other (63) (60) 4 (292) — (411) Post-adoption January 1, 2021 liability for future policy benefits balance $ 1,323 $ 279 $ 14,126 $ 11,630 $ 29,013 $ 56,371 The following tables present the balances and changes in the liability for future policy benefits and a reconciliation of the net liability for future policy benefits to the liability for future policy benefits in the Condensed Consolidated Balance Sheets: Three Months Ended March 31, 2023 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Effect of changes in discount rate assumptions (AOCI) — — 1,872 — 66 1,938 Beginning balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in cash flow assumptions — — — — — — Effect of actual variances from expected experience 1 — 12 — 3 16 Adjusted beginning of year balance 1 — 13,538 — 1,060 14,599 Issuances 6 — 322 — — 328 Interest accrual — — 106 — 12 118 Net premium collected (7) — (352) — (30) (389) Foreign exchange impact — — 96 — — 96 Other — — 3 — — 3 Ending balance at original discount rate — — 13,713 — 1,042 14,755 Effect of changes in discount rate assumptions (AOCI) — — (1,648) — (48) (1,696) Balance, end of period $ — $ — $ 12,065 $ — $ 994 $ 13,059 Present value of expected future policy benefits Balance, beginning of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Effect of changes in discount rate assumptions (AOCI) 167 2 3,424 2,634 1,083 7,310 Beginning balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in cash flow assumptions (a) — — — — — — Effect of actual variances from expected experience (a) (3) (1) 26 (5) — 17 Adjusted beginning of year balance 1,387 212 24,629 15,093 21,512 62,833 Issuances 70 2 318 1,450 3 1,843 Interest accrual 12 3 224 139 257 635 Benefit payments (32) (7) (476) (228) (379) (1,122) Foreign exchange impact — — 277 125 — 402 Other — — 1 — (3) (2) Ending balance at original discount rate 1,437 210 24,973 16,579 21,390 64,589 Effect of changes in discount rate assumptions (AOCI) (141) 3 (3,081) (2,302) (492) (6,013) Balance, end of period $ 1,296 $ 213 $ 21,892 $ 14,277 $ 20,898 $ 58,576 Net liability for future policy benefits, end of period 1,296 213 9,827 14,277 19,904 45,517 Liability for future policy benefits for certain participating contracts 14 1,326 1,340 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,457 — 55 3,512 Deferred profit liability 83 10 16 1,415 871 2,395 Other reconciling items (c) 39 3 493 — 107 642 Future policy benefits for life and accident and health insurance contracts 1,418 226 13,807 15,692 22,263 53,406 Less: Reinsurance recoverable: (4) — (1,187) (37) (22,263) (23,491) Net liability for future policy benefits after reinsurance recoverable $ 1,414 $ 226 $ 12,620 $ 15,655 $ — $ 29,915 Weighted average liability duration of the liability for future policy benefits (d) 7.7 7.1 12.4 11.5 11.6 Three Months Ended March 31, 2022 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Effect of changes in discount rate assumptions (AOCI) — — (706) — (150) (856) Beginning balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in cash flow assumptions — — — — — — Effect of actual variances from expected experience — — 29 — 2 31 Adjusted beginning of year balance — — 13,692 — 1,126 14,818 Issuances 4 — 375 — — 379 Interest accrual — — 100 — 13 113 Net premium collected (4) — (355) — (30) (389) Foreign exchange impact — — (140) — — (140) Other — — — — — — Ending balance at original discount rate — — 13,672 — 1,109 14,781 Effect of changes in discount rate assumptions (AOCI) — — (339) — 55 (284) Balance, end of period $ — $ — $ 13,333 $ — $ 1,164 $ 14,497 Present value of expected future policy benefits Balance, beginning of year $ 1,373 $ 264 $ 27,442 $ 13,890 $ 27,674 $ 70,643 Effect of changes in discount rate assumptions (AOCI) (95) (46) (2,717) (870) (5,673) (9,401) Beginning balance at original discount rate 1,278 218 24,725 13,020 22,001 61,242 Effect of changes in cash flow assumptions (a) — — — — — — Effect of actual variances from expected experience (a) 1 (2) 38 (5) (10) 22 Adjusted beginning of year balance 1,279 216 24,763 13,015 21,991 61,264 Issuances 50 5 374 223 3 655 Interest accrual 10 3 221 105 262 601 Benefit payments (28) (8) (523) (198) (382) (1,139) Foreign exchange impact — — (178) (93) — (271) Other — — (1) 1 — — Ending balance at original discount rate 1,311 216 24,656 13,053 21,874 61,110 Effect of changes in discount rate assumptions (AOCI) (24) 25 170 (551) 2,705 2,325 Balance, end of period 1,287 241 24,826 12,502 24,579 63,435 Net liability for future policy benefits, end of period 1,287 241 11,493 12,502 23,415 48,938 Liability for future policy benefits for certain participating contracts — — 15 — 1,371 1,386 Liability for universal life policies with secondary guarantees and similar features (b) — — 4,168 — 55 4,223 Deferred profit liability 81 11 11 1,216 913 2,232 Other reconciling items (c) 29 — 497 — 110 636 Future policy benefits for life and accident and health insurance contracts 1,397 252 16,184 13,718 25,864 57,415 Less: Reinsurance recoverable: (4) — (1,492) (43) (25,864) (27,403) Net liability for future policy benefits after reinsurance recoverable $ 1,393 $ 252 $ 14,692 $ 13,675 $ — $ 30,012 Weighted average liability duration of the liability for future policy benefits (d) 8.1 7.4 13.6 12.1 12.8 (a) Effect of changes in cash flow assumptions and variances from actual experience are partially offset by changes in the deferred profit liability. (b) Additional details can be found in the table that presents the balances and changes in the liability for universal life policies with secondary guarantees and similar features. (c) Other reconciling items primarily include the Accident and Health as well as Group Benefits (short-duration) contracts. (d) The weighted average liability durations are calculated as the modified duration using projected future net liability cashflows that are aggregated at the segment level, utilizing the segment level weighted average interest rates and current discount rate, which can be found in the table below. The following table presents the amount of undiscounted expected future benefit payments and expected gross premiums for future policy benefits for nonparticipating contracts: Three Months Ended March 31, (in millions) 2023 2022 Individual Retirement Expected future benefits and expense $ 2,048 $ 1,757 Expected future gross premiums $ — $ — Group Retirement Expected future benefits and expense $ 317 $ 317 Expected future gross premiums $ — $ — Life Insurance Expected future benefits and expense $ 39,028 $ 38,739 Expected future gross premiums $ 28,964 $ 29,125 Institutional Markets Expected future benefits and expense $ 29,029 $ 20,824 Expected future gross premiums $ — $ — Corporate and Other * Expected future benefits and expense $ 44,148 $ 45,468 Expected future gross premiums $ 2,225 $ 2,389 * Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statement of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Three Months Ended March 31, (in millions) 2023 2022 2023 2022 Individual Retirement $ 75 $ 51 $ 12 $ 10 Group Retirement 6 8 3 3 Life Insurance 575 582 118 121 Institutional Markets 1,581 244 139 105 Corporate and Other 54 56 245 249 Total $ 2,291 $ 941 $ 517 $ 488 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: March 31, 2023 Individual Group Life Institutional Corporate and Other Weighted-average interest rate, original discount rate 3.65 % 5.19 % 4.11 % 3.76 % 4.88 % Weighted-average interest rate, current discount rate 5.33 % 4.91 % 5.08 % 5.04 % 5.10 % March 31, 2022 Weighted-average interest rate, original discount rate 3.04 % 4.70 % 4.12 % 3.23 % 4.80 % Weighted-average interest rate, current discount rate 3.72 % 3.68 % 3.72 % 3.59 % 3.92 %

Market Risk Benefits (Tables)

Market Risk Benefits (Tables)	3 Months Ended
	Mar. 31, 2023
Insurance [Abstract]
Market Risk Benefit, Activity	The following table presents the transition rollforward of MRBs: Individual Group Total (in millions) Pre-adoption December 31, 2020 carrying amount for features now classified as MRBs $ — $ — $ — Adjustment for the reclassification of the embedded derivative liability from policyholder contract deposits, net of the host adjustment(s) (a) 5,894 577 6,471 Adjustment for the reclassification of additional liabilities from Future policy benefits (b) 1,356 219 1,575 Adjustments for the cumulative effect of the changes in the instrument - specific credit risk between the original contract issuance date and the transition date (c) 2,140 187 2,327 Adjustment for the removal of related balances in Accumulated other comprehensive income originating from unrealized gains (losses) (d) (516) (89) (605) Adjustment for the remaining difference (exclusive of the instrument-specific credit risk change and host contract adjustments) between previous carrying amount and fair value measurement for the MRB (e) (1,275) (92) (1,367) Post-adoption January 1, 2021 carrying amount for features now classified as MRBs $ 7,599 $ 802 $ 8,401 (a) Adjustments for the reclassification from Policyholder contract deposits represents certain contract guarantees (e.g., GMWBs) that were previously classified as embedded derivatives, but have been reclassified as MRBs as of January 1, 2021, and the related host impact. The impact on Retained earnings or AOCI resulting from the simultaneous remeasurement of the guarantee as a market risk benefit is reflected in the lines below. (b) Adjustments for the reclassification from Future policy benefits represents contract guarantees (e.g., GMDBs) that were previously classified as insurance liabilities within Future policy benefits, but have been reclassified as MRBs as of January 1, 2021. The impact on Retained earnings or AOCI resulting from the simultaneous remeasurement of the guarantee as a market risk benefit is reflected in the lines below. (c) Adjustments for the cumulative effect of the changes in the instrument-specific credit risk between the original contract issuance date and the transition date are recognized in AOCI. (d) Adjustment for the removal of related balances in AOCI income originating from unrealized gains (losses) with an offset to AOCI relate to the additional liabilities reclassified from Future policy benefits in the line above. (e) Adjustment for the remaining difference represents the measurement of MRBs at fair value, excluding the impact of instrument-specific credit risk with an offset to Retained earnings. The following is a reconciliation of MRBs by amounts in an asset position and in liability position to the MRB amounts in the Condensed Consolidated Balance Sheets at transition: Individual Group Total (in millions) Market risk benefit in an asset position $ 176 $ — $ 176 Reinsured market risk benefit 162 — 162 Market Risk Benefit assets, at fair value $ 338 $ — $ 338 Market Risk Benefit liabilities, at fair value 7,937 802 8,739 Market risk benefit, net, January 1, 2021 $ 7,599 $ 802 $ 8,401 The following table presents the balances of and changes in market risk benefits: Three Months Ended March 31, 2023 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 3,738 $ 296 $ 4,034 Balance, beginning of year, before effect of changes in instrument-specific credit risk 3,297 272 3,569 Issuances 191 9 200 Interest accrual 38 4 42 Attributed fees 235 17 252 Expected claims (25) (1) (26) Effect of changes in interest rates 478 46 524 Effect of changes in interest rate volatility (73) (4) (77) Effect of changes in equity markets (391) (36) (427) Effect of changes in equity index volatility 16 (3) 13 Actual outcome different from model expected outcome 72 1 73 Effect of changes in other future expected assumptions (94) (18) (112) Other, including foreign exchange 1 — 1 Balance, end of period, before effect of changes in instrument-specific credit risk 3,745 287 4,032 Effect of changes in the instrument-specific credit risk 339 32 371 Balance, end of period 4,084 319 4,403 Less: Reinsured MRB, end of period (89) — (89) Net Liability Balance after reinsurance recoverable $ 3,995 $ 319 $ 4,314 Net amount at risk GMDB only $ 1,307 $ 266 $ 1,573 GMWB only $ 63 $ 5 $ 68 Combined * $ 1,726 $ 31 $ 1,757 Weighted average attained age of contract holders 71 64 Three Months Ended March 31, 2022 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 6,452 $ 582 $ 7,034 Balance, beginning of year, before effect of changes in instrument-specific credit risk 4,518 415 4,933 Issuances 40 5 45 Interest accrual 39 6 45 Attributed fees 197 19 216 Expected claims (13) — (13) Effect of changes in interest rates (1,381) (125) (1,506) Effect of changes in interest rate volatility 172 13 185 Effect of changes in equity markets 387 16 403 Effect of changes in equity index volatility (2) 1 (1) Actual outcome different from model expected outcome 105 16 121 Other, including foreign exchange 1 (3) (2) Balance, end of period before effect of changes in instrument-specific credit risk 4,063 363 4,426 Effect of changes in the instrument-specific credit risk 1,027 82 1,109 Balance, end of period 5,090 445 5,535 Less: Reinsured MRB, end of period (120) — (120) Net Liability Balance after reinsurance recoverable $ 4,970 $ 445 $ 5,415 Net amount at risk GMDB only $ 903 $ 186 $ 1,089 GMWB only $ 264 $ 30 $ 294 Combined * $ 752 $ 16 $ 768 Weighted average attained age of contract holders 70 63 * Certain contracts contain both guaranteed GMDB and GMWB features and are modeled together for the purposes of calculating the MRB. The following is a reconciliation of MRBs by amounts in an asset position and in a liability position to the MRBs amount in the Condensed Consolidated Balance Sheets: March 31, 2023 March 31, 2022 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 685 $ 4,680 $ 3,995 $ 524 $ 5,494 $ 4,970 Group Retirement 145 464 319 142 587 445 Total $ 830 $ 5,144 $ 4,314 $ 666 $ 6,081 $ 5,415 * Cash flows and attributed fees for MRBs are determined on a policy level basis and are reported based on their asset or liability position at the balance sheet date.

Separate Account Assets and L_2

Separate Account Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2023
Insurance [Abstract]
Fair Value, Separate Account Investment	Account balances of variable annuity contracts were invested in Separate account investment options as follows: March 31, 2023 March 31, 2022 (in millions) Individual Retirement Group Retirement Individual Retirement Group Retirement Equity Funds $ 23,845 $ 26,433 $ 26,931 $ 30,844 Bond Funds 3,915 3,571 4,401 4,176 Balanced Funds 17,818 5,254 21,402 5,866 Money Market Funds 718 534 604 456 Total* $ 46,296 $ 35,792 $ 53,338 $ 41,342 * Excludes Separate account balances related to fixed annuities for Individual Retirement and Group Retirement, Life Insurance and Institutional Markets.
Separate Account, Liability	The following table presents the balances and changes in Separate account liabilities: Three Months Ended March 31, 2023 Individual Retirement Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Premiums and deposits 451 360 9 26 846 Policy charges (344) (110) (12) (24) (490) Surrenders and withdrawals (844) (669) (6) (404) (1,923) Benefit payments (215) (130) (1) (54) (400) Investment performance 2,131 2,186 53 99 4,469 Net transfers from (to) general account 73 (77) (1) 6 1 Other charges — (1) — 2 1 Separate accounts balance, end of period $ 46,430 $ 35,920 $ 841 $ 4,166 $ 87,357 Cash surrender value * $ 45,388 $ 35,726 $ 794 $ 4,168 $ 86,076 Three Months Ended March 31, 2022 Individual Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 57,927 $ 45,138 $ 1,044 $ 5,002 $ 109,111 Premiums and deposits 758 440 10 30 1,238 Policy charges (321) (127) (13) (25) (486) Surrenders and withdrawals (934) (696) (6) (20) (1,656) Benefit payments (255) (144) (2) (5) (406) Investment performance (3,718) (2,992) (73) (87) (6,870) Net transfers from (to) general account 44 (134) — 8 (82) Other charges (1) 1 — 1 1 Separate accounts balance, end of period $ 53,500 $ 41,486 $ 960 $ 4,904 $ 100,850 Cash surrender value * $ 52,334 $ 41,263 $ 949 $ 4,898 $ 99,444

Equity and Redeemable Noncont_2

Equity and Redeemable Noncontrolling Interest (Tables)	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Dividends Declared	Declaration Date Record Date Payment Date Dividend Paid Per Common Share February 16, 2023 March 17, 2023 March 31, 2023 $ 0.23
Rollforward of Accumulated Other Comprehensive Income (Loss)	The following table presents a rollforward of Accumulated other comprehensive income (loss): (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in the instrument- specific risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Balance, December 31, 2022, net of tax $ (92) $ (19,380) $ (365) $ 2,908 $ 157 $ (100) $ 9 $ (16,863) Change in unrealized depreciation of investments 38 3,982 — — — — — 4,020 Change in fair value of market risk benefits attributable to changes in instrument-specific risk — — 94 — — — — 94 Change in discount rates assumptions of certain liabilities — — — (595) — — — (595) Change in future policy benefits and other — (116) — — — — — (116) Change in cash flow hedges — — — — (7) — — (7) Change in foreign currency translation adjustments — — — — — 37 — 37 Change in net actuarial loss — — — — — — 3 3 Change in deferred tax asset (liability) (8) (734) (20) 130 3 (1) (1) (631) Total other comprehensive income (loss) 30 3,132 74 (465) (4) 36 2 2,805 Noncontrolling interests — — — — — 9 — 9 Balance, March 31, 2023, net of tax $ (62) $ (16,248) $ (291) $ 2,443 $ 153 $ (73) $ 11 $ (14,067) Balance, December 31, 2021, net of tax* $ (31) $ 12,315 $ (1,659) $ (2,390) $ — $ (9) $ 7 $ 8,233 Change in unrealized depreciation of investments (64) (16,810) — — — — — (16,874) Change in fair value of market risk benefits attributable to changes in instrument-specific risk — — 992 — — — — 992 Change in discount rates assumptions of certain liabilities — — — 2,830 — — — 2,830 Change in future policy benefits and other — 797 — — — — — 797 Change in cash value hedges — — — — 224 — — 224 Change in foreign currency translation adjustments — — — — — (24) — (24) Change in deferred tax asset (liability) 13 2,637 (210) (598) (47) 1 — 1,796 Total other comprehensive income (51) (13,376) 782 2,232 177 (23) — (10,259) Noncontrolling interests — — — — — — — — Balance, March 31, 2022, net of tax $ (82) $ (1,061) $ (877) $ (158) $ 177 $ (32) $ 7 $ (2,026)
Reclassification out of Accumulated Other Comprehensive Income	The following table presents the OCI reclassification adjustments for the three months ended March 31, 2023 and 2022, respectively: (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which Allowance for Credit Losses Was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in the instrument- specific risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Three Months Ended March 31, 2023 Unrealized change arising during period $ 24 $ 3,779 $ 94 $ (595) $ (7) $ 37 $ 3 $ 3,335 Less: Reclassification adjustments included in net income (14) (87) — — — — — (101) Total other comprehensive income (loss), before income tax expense (benefit) 38 3,866 94 (595) (7) 37 3 3,436 Less: Income tax expense (benefit) 8 734 20 (130) (3) 1 1 631 Total other comprehensive income (loss), net of income tax expense (benefit) $ 30 $ 3,132 $ 74 $ (465) $ (4) $ 36 $ 2 $ 2,805 Three Months Ended March 31, 2022 Unrealized change arising during period $ (64) $ (16,113) $ 992 $ 2,830 $ 224 $ (24) $ — $ (12,155) Less: Reclassification adjustments included in net income — (100) — — — — — (100) Total other comprehensive income (loss), before income tax expense (benefit) (64) (16,013) 992 2,830 224 (24) — (12,055) Less: Income tax expense (benefit) (13) (2,637) 210 598 47 (1) — (1,796) Total other comprehensive income (loss), net of income tax expense (benefit) $ (51) $ (13,376) $ 782 $ 2,232 $ 177 $ (23) $ — $ (10,259) The following table presents the effect of the reclassification of significant items out of Accumulated other comprehensive income on the respective line items in the Condensed Consolidated Statements of Income (Loss)*: Amount Reclassified from AOCI Affected Line Item in the Condensed Consolidated Statements of Income (Loss) Three Months Ended March 31, (in millions) 2023 2022 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ (14) $ — Net realized gains (losses) Total (14) — Unrealized appreciation (depreciation) of all other investments Investments (87) (100) Net realized gains (losses) Total (87) (100) Total reclassifications for the period $ (101) $ (100)
Rollforward of Redeemable Noncontrolling Interest	The following table presents a rollforward of redeemable noncontrolling interest: Three Months Ended March 31, (in millions) 2022 Beginning balance $ 83 Net income attributable to redeemable noncontrolling interest (1) Ending balance $ 82
Non-Redeemable Noncontrolling Interest	The following table presents a rollforward of non-redeemable noncontrolling interest: Three Months Ended March 31, (in millions) 2023 2022 Beginning balance $ 939 $ 1,759 Net income attributable to redeemable noncontrolling interest 6 76 Other comprehensive loss, net of tax 9 — Changes in noncontrolling interests due to divestitures and acquisitions (19) — Contributions from noncontrolling interests 25 14 Distributions to noncontrolling interests (50) (280) Other — (4) Ending balance $ 910 $ 1,565
Schedule of Common Stock Outstanding Roll Forward	The following table presents a rollforward of common stock outstanding shares: Three Months Ended March 31, 2023 Common Stock Outstanding Shares, beginning of year 645,000,000 Shares issued under long-term incentive compensation plans 3,129,652 Shares repurchased — Shares, end of period 648,129,652

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earning per Share	The following table presents the computation of basic and diluted EPS for the three months ended March 31, 2023, and 2022: Three Months Ended March 31, (in millions, except per common share data) 2023 2022 Numerator for EPS: Net income (loss) $ (453) $ 3,441 Less: Net income (loss) attributable to noncontrolling interests 6 75 Net income (loss) attributable to Corebridge common shareholders $ (459) $ 3,366 Denominator for EPS (a) : Weighted average common shares outstanding - basic 650.8 645.0 Dilutive common shares (b) — — Weighted average common shares outstanding - diluted 650.8 645.0 Income per common share attributable to Corebridge common shareholders (a) Common stock - Basic $ (0.70) $ 5.22 Common stock - Diluted $ (0.70) $ 5.22 (a) The results of the September 6, 2022 stock split have been applied retroactively for all periods prior to September 6, 2022. For additional information regarding the September 6, 2022 stock split, see Note 16 of the Consolidated Financial Statements in the 2022 Annual Report. (b) Potential dilutive common shares include our share-based employee compensation plans. The number of common shares excluded from dilutive shares outstanding was approximately 2.5 million for the three months ended March 31,

Related Parties (Tables)

Related Parties (Tables)	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The table below summarizes our material revenues and expenses in connection with the transactions described below for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, (in millions) 2023 2022 Revenues: Other income $ 13 $ 31 Net investment income - excluding Fortitude Re funds withheld assets 5 (4) Total revenues $ 18 $ 27 Expenses: General operating and other expenses $ 47 $ 23 Interest expense — 38 Loss on extinguishment of debt — — Total expenses $ 47 $ 61

Overview and Basis of Presentat

Overview and Basis of Presentation (Details) - USD ($)	Sep. 19, 2022	Mar. 31, 2023	Dec. 31, 2022
Other Ownership Interests [Line Items]
Common stock, par value (in dollars per share)		$ 0.01	$ 0.01
Corebridge Financial
Other Ownership Interests [Line Items]
Stock issued in IPO (in shares)	$ 80,000,000
Corebridge Financial Inc
Other Ownership Interests [Line Items]
Ownership percentage		77.30%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity	$ (12,465,000,000)	$ (10,319,000,000)	$ (21,593,000,000)	$ (28,989,000,000)	$ (38,624,000,000)
Accumulated other comprehensive loss	(14,067,000,000)	(16,863,000,000)			12,304,000,000
Retained earnings	17,592,000,000	18,207,000,000			23,771,000,000
Accumulated Other Comprehensive Income (Loss)
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity	14,067,000,000	16,863,000,000	2,026,000,000	(8,233,000,000)
Retained Earnings
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity	$ (17,592,000,000)	$ (18,207,000,000)	$ (14,014,000,000)	$ (10,937,000,000)
Cumulative effect of change in accounting principle
Summary of Significant Accounting Policies [Line Items]
Retained earnings					158,000,000
Cumulative effect of change in accounting principle | Minimum | ASU 2018-12 | Accumulated Other Comprehensive Income (Loss)
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity					(2,300,000,000)
Cumulative effect of change in accounting principle | Minimum | ASU 2018-12 | Retained Earnings
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity					(1,200,000,000)
Cumulative Effect Adjustments
Summary of Significant Accounting Policies [Line Items]
Accumulated other comprehensive loss					(2,349,000,000)
Retained earnings					$ 1,192,000,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Adjusted Balance Sheet to Apply Adopted Guidance (Details) - USD ($)	Mar. 31, 2023		Dec. 31, 2022		Mar. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Assets:
Reinsurance assets, net of allowance for credit losses and disputes	$ 2,643,000,000		$ 2,517,000,000				$ 3,140,000,000
Deferred income taxes	8,435,000,000		8,831,000,000				3,950,000,000
Deferred policy acquisition costs and value of business acquired	10,641,000,000		10,563,000,000				10,500,000,000
Market risk benefit assets, at fair value	830,000,000		796,000,000				338,000,000	$ 338,000,000
Other assets			2,521,000,000	[1]			3,824,000,000
Total assets	366,691,000,000		360,322,000,000				422,435,000,000
Liabilities:
Future policy benefits for life and accident and health insurance contracts	53,406,000,000		50,518,000,000		$ 57,415,000,000		65,182,000,000
Policyholder contract deposits	158,025,000,000		156,058,000,000		152,447,000,000		148,421,000,000
Market risk benefit liabilities, at fair value	5,144,000,000		4,736,000,000				8,739,000,000
Other policyholder funds	2,897,000,000		2,885,000,000		2,884,000,000		2,740,000,000
Total liabilities	354,226,000,000		350,003,000,000				383,760,000,000
Shareholders’ net investment(h)	17,592,000,000		18,207,000,000				23,771,000,000
Accumulated other comprehensive loss	(14,067,000,000)		(16,863,000,000)				12,304,000,000
Total Corebridge Shareholders' equity	11,555,000,000		9,380,000,000				36,075,000,000
Total equity	12,465,000,000		10,319,000,000		$ 21,593,000,000	$ 28,989,000,000	38,624,000,000
Total liabilities and equity	366,691,000,000		360,322,000,000				422,435,000,000
Cumulative effect of change in accounting principle
Liabilities:
Shareholders’ net investment(h)							158,000,000
As Previously Reported
Assets:
Reinsurance assets, net of allowance for credit losses and disputes			2,980,000,000				2,707,000,000
Deferred income taxes			9,162,000,000				3,640,000,000
Deferred policy acquisition costs and value of business acquired			13,179,000,000				7,363,000,000
Market risk benefit assets, at fair value			0				0
Other assets			2,852,000,000				3,428,000,000
Total assets			364,217,000,000				410,155,000,000
Liabilities:
Future policy benefits for life and accident and health insurance contracts			57,266,000,000				54,660,000,000
Policyholder contract deposits			158,966,000,000				154,892,000,000
Market risk benefit liabilities, at fair value			0				0
Other policyholder funds			3,331,000,000				2,492,000,000
Total liabilities			355,068,000,000				370,323,000,000
Shareholders’ net investment(h)			16,121,000,000				22,579,000,000
Accumulated other comprehensive loss			(15,947,000,000)				14,653,000,000
Total Corebridge Shareholders' equity			8,210,000,000				37,232,000,000
Total equity			9,149,000,000				39,781,000,000
Total liabilities and equity			364,217,000,000				410,155,000,000
Cumulative effect adjustments
Assets:
Reinsurance assets, net of allowance for credit losses and disputes			(463,000,000)				433,000,000
Deferred income taxes			(331,000,000)				310,000,000
Deferred policy acquisition costs and value of business acquired			(2,616,000,000)				3,137,000,000
Market risk benefit assets, at fair value			796,000,000				338,000,000
Other assets			(331,000,000)				396,000,000
Total assets			(3,895,000,000)				12,280,000,000
Liabilities:
Future policy benefits for life and accident and health insurance contracts			(6,748,000,000)				10,522,000,000
Policyholder contract deposits			(2,908,000,000)				(6,471,000,000)
Market risk benefit liabilities, at fair value			4,736,000,000				8,739,000,000
Other policyholder funds			(446,000,000)				248,000,000
Total liabilities			(5,065,000,000)				13,437,000,000
Shareholders’ net investment(h)			2,086,000,000
Accumulated other comprehensive loss			(916,000,000)
Total Corebridge Shareholders' equity			1,170,000,000				(1,157,000,000)
Total equity			1,170,000,000				(1,157,000,000)
Total liabilities and equity			(3,895,000,000)				12,280,000,000
Fortitude RE
Assets:
Reinsurance assets, net of allowance for credit losses and disputes	27,238,000,000		26,844,000,000				36,824,000,000
Fortitude RE | Cumulative effect of change in accounting principle
Assets:
Reinsurance assets, net of allowance for credit losses and disputes							158,000,000
Fortitude RE | As Previously Reported
Assets:
Reinsurance assets, net of allowance for credit losses and disputes			27,794,000,000				29,158,000,000	$ 15,000,000
Fortitude RE | Cumulative effect adjustments
Assets:
Reinsurance assets, net of allowance for credit losses and disputes			(950,000,000)				7,666,000,000
Excluding Fortitude
Liabilities:
Other liabilities	$ 8,705,000,000	[1]	9,076,000,000	[1]			10,353,000,000
Excluding Fortitude | As Previously Reported
Liabilities:
Other liabilities			8,775,000,000				9,954,000,000
Excluding Fortitude | Cumulative effect adjustments
Liabilities:
Other liabilities			$ 301,000,000				$ 399,000,000
[1] See Note 8

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Adjusted Income Statement and Comprehensive Income to Apply Adopted Guidance (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Premiums	$ 2,105	$ 735
Policy fees	698	730
Total net realized gains (losses)	(1,458)	2,887
Total revenues	4,262	7,240
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	2,495	1,168
Change in the fair value of market risk benefits, net	196	(233)
Interest credited to policyholder account balances	1,026	878
Amortization of deferred policy acquisition costs and value of business acquired	256	243
Non-deferrable insurance commissions	136	144
Total benefits and expenses	4,931	2,940
Income (loss) before income tax expense (benefit)	(669)	4,300
Income tax expense (benefit)	(216)	859
Net income (loss)	(453)	3,441
Net income (loss) attributable to Corebridge	$ (459)	$ 3,366
Basic (in dollars per share)	$ (0.70)	$ 5.22
Diluted (in dollars per share)	$ (0.70)	$ 5.22
Statement of Comprehensive Income [Abstract]
Net income	$ (453)	$ 3,441
Change in unrealized appreciation (depreciation) of all other investments	3,132	(13,376)
Change in fair value of market risk benefits attributable to changes in the instrument-specific risk	74	782
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	(465)	2,232
Other comprehensive income (loss)	2,805	(10,259)
Comprehensive income (loss)	2,352	(6,818)
Comprehensive income (loss) attributable to Corebridge	$ 2,337	(6,893)
As Previously Reported
Income Statement [Abstract]
Premiums		726
Policy fees		764
Total net realized gains (losses)		3,726
Total revenues		8,104
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)		1,366
Change in the fair value of market risk benefits, net		0
Interest credited to policyholder account balances		875
Amortization of deferred policy acquisition costs and value of business acquired		543
Non-deferrable insurance commissions		161
Total benefits and expenses		3,685
Income (loss) before income tax expense (benefit)		4,419
Income tax expense (benefit)		883
Net income (loss)		3,536
Net income (loss) attributable to Corebridge		$ 3,461
Basic (in dollars per share)		$ 5.37
Diluted (in dollars per share)		$ 5.37
Statement of Comprehensive Income [Abstract]
Net income		$ 3,536
Change in unrealized appreciation (depreciation) of all other investments		(10,860)
Change in fair value of market risk benefits attributable to changes in the instrument-specific risk		0
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts		0
Other comprehensive income (loss)		(10,756)
Comprehensive income (loss)		(7,220)
Comprehensive income (loss) attributable to Corebridge		(7,295)
Effect of Change
Income Statement [Abstract]
Premiums		9
Policy fees		(34)
Total net realized gains (losses)		(839)
Total revenues		(864)
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)		(198)
Change in the fair value of market risk benefits, net		(233)
Interest credited to policyholder account balances		3
Amortization of deferred policy acquisition costs and value of business acquired		(300)
Non-deferrable insurance commissions		(17)
Total benefits and expenses		(745)
Income (loss) before income tax expense (benefit)		(119)
Income tax expense (benefit)		(24)
Net income (loss)		(95)
Net income (loss) attributable to Corebridge		$ (95)
Basic (in dollars per share)		$ (0.15)
Diluted (in dollars per share)		$ (0.15)
Statement of Comprehensive Income [Abstract]
Net income		$ (95)
Change in unrealized appreciation (depreciation) of all other investments		(2,516)
Change in fair value of market risk benefits attributable to changes in the instrument-specific risk		782
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts		2,232
Other comprehensive income (loss)		497
Comprehensive income (loss)		402
Comprehensive income (loss) attributable to Corebridge		$ 402

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Adjusted Cash Flows to Apply Adopted Guidance (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net income	$ (453)	$ 3,441
Noncash revenues, expenses, gains and losses included in income (loss):
Unrealized (gains) losses in earnings - net	151	(36)
Change in the fair value of market risk benefits, net	316	(496)
Depreciation and other amortization	105	157
Changes in operating assets and liabilities:
Insurance reserves	41	(212)
Reinsurance assets and funds held under reinsurance treaties	58	311
Other, net	30	93
Total adjustments	754	(3,444)
Net cash provided by operating activities	301	(3)
Cash flows from financing activities:
Policyholder contract deposits	8,226	6,410
Net cash provided by (used in) financing activities	1,065	1,250
Increase (Decrease) in Deferred Policy Acquisition Costs	(318)	(261)
Current and deferred income taxes - net	$ (220)	341
As Previously Reported
Cash flows from operating activities:
Net income		3,536
Noncash revenues, expenses, gains and losses included in income (loss):
Unrealized (gains) losses in earnings - net		(1,169)
Change in the fair value of market risk benefits, net		0
Depreciation and other amortization		469
Changes in operating assets and liabilities:
Insurance reserves		67
Reinsurance assets and funds held under reinsurance treaties		97
Other, net		235
Total adjustments		(3,521)
Net cash provided by operating activities		15
Cash flows from financing activities:
Policyholder contract deposits		6,392
Net cash provided by (used in) financing activities		1,232
Increase (Decrease) in Deferred Policy Acquisition Costs		(244)
Current and deferred income taxes - net		365
Effect of Change
Cash flows from operating activities:
Net income		(95)
Noncash revenues, expenses, gains and losses included in income (loss):
Unrealized (gains) losses in earnings - net		1,133
Change in the fair value of market risk benefits, net		496
Depreciation and other amortization		(312)
Changes in operating assets and liabilities:
Insurance reserves		(279)
Reinsurance assets and funds held under reinsurance treaties		214
Other, net		(142)
Total adjustments		77
Net cash provided by operating activities		(18)
Cash flows from financing activities:
Policyholder contract deposits		18
Net cash provided by (used in) financing activities		18
Increase (Decrease) in Deferred Policy Acquisition Costs		(17)
Current and deferred income taxes - net		$ (24)

Segment Information - Schedule

Segment Information - Schedule of continuing operations by operating segment (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($) segment	Mar. 31, 2022 USD ($)
Segment Reporting [Abstract]
Number of Reportable Segments | segment	5
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	$ 2,105	$ 735
Policy fees	698	730
Total net investment income	2,695	2,581
Total net realized gains (losses)	(1,458)	2,887
Advisory fee and other income	222	307
Total revenues	4,262	7,240
Remeasurement (gains) losses on policy liabilities	64	147
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	2,495	1,168
Change in the fair value of market risk benefits, net	196	(233)
Interest credited to policyholder account balances	1,026	878
Amortization of deferred policy acquisition costs and value of business acquired	256	243
Non-deferrable insurance commissions	136	144
Advisory fee expenses	65	71
General operating expenses	582	586
Interest expense	172	81
Net loss on divestitures	3	2
Total benefits and expenses	4,931	2,940
Net income (loss) attributable to noncontrolling interests	(6)	(75)
Income before income tax expense (benefit)	(669)	4,300
Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total net investment income	394	278
Income before income tax expense (benefit)	(611)	2,992
Operating Segments | Individual Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	78	56
Policy fees	174	185
Total net investment income	1,128	983
Total net realized gains (losses)	0	0
Advisory fee and other income	103	123
Total revenues	1,483	1,347
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	65	66
Change in the fair value of market risk benefits, net	0	0
Interest credited to policyholder account balances	519	454
Amortization of deferred policy acquisition costs and value of business acquired	137	119
Non-deferrable insurance commissions	86	92
Advisory fee expenses	34	37
General operating expenses	108	111
Interest expense	0	0
Net loss on divestitures	0	0
Total benefits and expenses	949	879
Net income (loss) attributable to noncontrolling interests	0	0
Adjusted pre-tax operating income (loss)	534	468
Operating Segments | Group Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	6	8
Policy fees	100	114
Total net investment income	500	527
Total net realized gains (losses)	0	0
Advisory fee and other income	76	85
Total revenues	682	734
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	9	10
Change in the fair value of market risk benefits, net	0	0
Interest credited to policyholder account balances	291	284
Amortization of deferred policy acquisition costs and value of business acquired	21	19
Non-deferrable insurance commissions	28	28
Advisory fee expenses	29	34
General operating expenses	118	117
Interest expense	0	0
Net loss on divestitures	0	0
Total benefits and expenses	496	492
Net income (loss) attributable to noncontrolling interests	0	0
Adjusted pre-tax operating income (loss)	186	242
Operating Segments | Life Insurance
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	425	425
Policy fees	375	384
Total net investment income	317	356
Total net realized gains (losses)	0	0
Advisory fee and other income	29	36
Total revenues	1,146	1,201
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	708	744
Change in the fair value of market risk benefits, net	0	0
Interest credited to policyholder account balances	82	85
Amortization of deferred policy acquisition costs and value of business acquired	96	104
Non-deferrable insurance commissions	17	18
Advisory fee expenses	2	0
General operating expenses	159	166
Interest expense	0	0
Net loss on divestitures	0	0
Total benefits and expenses	1,064	1,117
Net income (loss) attributable to noncontrolling interests	0	0
Adjusted pre-tax operating income (loss)	82	84
Operating Segments | Institutional Markets
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	1,575	238
Policy fees	49	47
Total net investment income	332	264
Total net realized gains (losses)	0	0
Advisory fee and other income	0	1
Total revenues	1,956	550
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	1,718	350
Change in the fair value of market risk benefits, net	0	0
Interest credited to policyholder account balances	123	59
Amortization of deferred policy acquisition costs and value of business acquired	2	1
Non-deferrable insurance commissions	5	6
Advisory fee expenses	0	0
General operating expenses	23	19
Interest expense	0	0
Net loss on divestitures	0	0
Total benefits and expenses	1,871	435
Net income (loss) attributable to noncontrolling interests	0	0
Adjusted pre-tax operating income (loss)	85	115
Operating Segments | Corporate & Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	20	21
Policy fees	0	0
Total net investment income	68	186
Total net realized gains (losses)	4	11
Advisory fee and other income	14	38
Total revenues	106	256
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	0	0
Change in the fair value of market risk benefits, net	0	0
Interest credited to policyholder account balances	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0
Non-deferrable insurance commissions	0	0
Advisory fee expenses	0	0
General operating expenses	91	104
Interest expense	172	77
Net loss on divestitures	0	0
Total benefits and expenses	263	181
Net income (loss) attributable to noncontrolling interests	(6)	(75)
Adjusted pre-tax operating income (loss)	(163)	0
Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	0	0
Policy fees	0	0
Total net investment income	(10)	(5)
Total net realized gains (losses)	0	0
Advisory fee and other income	0	5
Total revenues	(10)	0
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	0	0
Change in the fair value of market risk benefits, net	0	0
Interest credited to policyholder account balances	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0
Non-deferrable insurance commissions	0	0
Advisory fee expenses	0	0
General operating expenses	0	7
Interest expense	(10)	(7)
Net loss on divestitures	0	0
Total benefits and expenses	(10)	0
Net income (loss) attributable to noncontrolling interests	0	0
Adjusted pre-tax operating income (loss)	0	0
Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	1	(13)
Policy fees	0	0
Total net investment income	360	270
Total net realized gains (losses)	(1,462)	2,876
Advisory fee and other income	0	19
Total revenues	(1,101)	3,152
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	(5)	(2)
Change in the fair value of market risk benefits, net	196	(233)
Interest credited to policyholder account balances	11	(4)
Amortization of deferred policy acquisition costs and value of business acquired	0	0
Non-deferrable insurance commissions	0	0
Advisory fee expenses	0	0
General operating expenses	83	62
Interest expense	10	11
Net loss on divestitures	3	2
Total benefits and expenses	298	(164)
Net income (loss) attributable to noncontrolling interests	6	75
Total Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	2,104	748
Policy fees	698	730
Total net investment income	2,335	2,311
Total net realized gains (losses)	4	11
Advisory fee and other income	222	288
Total revenues	5,363	4,088
Policyholder benefits (including remeasurement (gains) losses of $64 and $147, for the three months ended March 31, 2023 and 2022, respectively)	2,500	1,170
Change in the fair value of market risk benefits, net	0	0
Interest credited to policyholder account balances	1,015	882
Amortization of deferred policy acquisition costs and value of business acquired	256	243
Non-deferrable insurance commissions	136	144
Advisory fee expenses	65	71
General operating expenses	499	524
Interest expense	162	70
Net loss on divestitures	0	0
Total benefits and expenses	4,633	3,104
Net income (loss) attributable to noncontrolling interests	(6)	(75)
Adjusted pre-tax operating income (loss)	$ 724	$ 909

Fair Value Measurements - Asset

Fair Value Measurements - Assets and liabilities measured at fair value on a recurring basis (Details) - USD ($)		Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Jan. 01, 2021	Dec. 31, 2020
Assets:
Bonds available for sale	[1]	$ 159,061,000,000	$ 156,793,000,000
Other bond securities	[1]	4,103,000,000	3,769,000,000
Equity securities	[1]	191,000,000	170,000,000
Derivative assets		3,369,000,000	3,252,000,000
Counterparty netting		(2,303,000,000)	(2,547,000,000)
Cash Collateral		(376,000,000)	(406,000,000)
Total derivative assets		690,000,000	299,000,000
Short-term investments	[1]	4,006,000,000	4,400,000,000
Market risk benefit assets, at fair value		830,000,000	796,000,000		$ 338,000,000	$ 338,000,000
Separate account assets		87,357,000,000	84,853,000,000
Total
Policyholder contract deposits		158,025,000,000	156,058,000,000	$ 152,447,000,000	148,421,000,000
Derivative liabilities		2,504,000,000	3,335,000,000
Counterparty netting		(2,303,000,000)	(2,547,000,000)
Cash Collateral		(42,000,000)	(691,000,000)
Total derivative liabilities		159,000,000	97,000,000
Market risk benefit liabilities, at fair value		5,144,000,000	4,736,000,000		$ 8,739,000,000
Related Parties
Assets:
Derivative assets		3,074,000,000	3,177,000,000
Total derivative assets		210,000,000	12,000,000
Total
Derivative liabilities		2,268,000,000	3,154,000,000
Total derivative liabilities		(9,000,000)	0
Fair Value Measured at Net Asset Value Per Share
Total
Private equity funds/hedge funds		6,100,000,000	6,000,000,000
U.S. government and government sponsored entities
Assets:
Bonds available for sale		1,259,000,000	1,198,000,000
Obligations of states, municipalities and political subdivisions
Assets:
Bonds available for sale		6,161,000,000	5,926,000,000
Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available for sale		833,000,000	780,000,000
Non-U.S. governments
Assets:
Bonds available for sale		4,318,000,000	4,392,000,000
Corporate debt
Assets:
Bonds available for sale		104,093,000,000	104,692,000,000
Corporate debt | Level 3
Assets:
Bonds available for sale		1,655,000,000	1,988,000,000
RMBS
Assets:
Bonds available for sale		12,478,000,000	11,944,000,000
RMBS | Related Parties
Assets:
Bonds available for sale		40,000,000	39,000,000
RMBS | Level 3
Assets:
Bonds available for sale		3,590,000,000	3,725,000,000
CMBS
Assets:
Bonds available for sale		10,139,000,000	10,068,000,000
CMBS | Level 3
Assets:
Bonds available for sale		570,000,000	663,000,000
CLO
Assets:
Bonds available for sale		9,073,000,000	8,186,000,000
ABS
Assets:
Bonds available for sale		11,540,000,000	10,387,000,000
Collateralized Debt Obligations | Related Parties
Assets:
Bonds available for sale		238,000,000
Recurring Basis
Assets:
Bonds available for sale		159,061,000,000	156,793,000,000
Other bond securities		4,103,000,000	3,769,000,000
Equity securities		191,000,000	170,000,000
Other invested assets		1,852,000,000	1,832,000,000
Counterparty netting		(2,303,000,000)	(2,547,000,000)
Cash Collateral		(376,000,000)	(406,000,000)
Counterparty netting and cash collateral		(2,679,000,000)	(2,953,000,000)
Total derivative assets		690,000,000	299,000,000
Short-term investments		1,540,000,000	1,357,000,000
Market risk benefit assets, at fair value		830,000,000	796,000,000
Separate account assets		87,357,000,000	84,853,000,000
Total		255,624,000,000	249,869,000,000
Total
Policyholder contract deposits		6,180,000,000	5,464,000,000
Counterparty netting		(2,303,000,000)	(2,547,000,000)
Cash Collateral		(42,000,000)	(691,000,000)
Counterparty netting and cash collateral		(2,345,000,000)	(3,238,000,000)
Total derivative liabilities		159,000,000	97,000,000
Fortitude Re funds withheld payable		1,774,000,000	1,262,000,000
Market risk benefit liabilities, at fair value		5,144,000,000	4,736,000,000
Debt of consolidated investment entities		6,000,000	6,000,000
Total		13,263,000,000	11,565,000,000
Recurring Basis | Debt of Consolidated Entities
Total
Debt of consolidated investment entities		6,000,000
Recurring Basis | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Equity securities		140,000,000	141,000,000
Other invested assets		0	0
Derivative assets		26,000,000	12,000,000
Short-term investments		1,000,000	1,000,000
Market risk benefit assets, at fair value		0	0
Separate account assets		84,202,000,000	81,655,000,000
Total		84,369,000,000	81,809,000,000
Total
Policyholder contract deposits		0	0
Derivative liabilities		36,000,000	2,000,000
Fortitude Re funds withheld payable		0	0
Market risk benefit liabilities, at fair value		0	0
Debt of consolidated investment entities			0
Total		36,000,000	2,000,000
Recurring Basis | Level 1 | Debt of Consolidated Entities
Total
Debt of consolidated investment entities		0
Recurring Basis | Level 2
Assets:
Bonds available for sale		137,553,000,000	136,367,000,000
Other bond securities		2,979,000,000	2,465,000,000
Equity securities		1,000,000	3,000,000
Other invested assets		0	0
Derivative assets		2,472,000,000	2,641,000,000
Short-term investments		1,539,000,000	1,356,000,000
Market risk benefit assets, at fair value		0	0
Separate account assets		3,155,000,000	3,198,000,000
Total		147,699,000,000	146,030,000,000
Total
Policyholder contract deposits		116,000,000	97,000,000
Derivative liabilities		2,452,000,000	3,318,000,000
Fortitude Re funds withheld payable		0	0
Market risk benefit liabilities, at fair value		0	0
Debt of consolidated investment entities			0
Total		2,568,000,000	3,415,000,000
Recurring Basis | Level 2 | Debt of Consolidated Entities
Total
Debt of consolidated investment entities		0
Recurring Basis | Level 3
Assets:
Bonds available for sale		21,508,000,000	20,426,000,000
Other bond securities		1,124,000,000	1,304,000,000
Equity securities		50,000,000	26,000,000
Other invested assets		1,852,000,000	1,832,000,000
Derivative assets		871,000,000	599,000,000
Short-term investments		0	0
Market risk benefit assets, at fair value		830,000,000	796,000,000	666,000,000
Separate account assets		0	0
Total		26,235,000,000	24,983,000,000
Total
Policyholder contract deposits		6,064,000,000	5,367,000,000
Derivative liabilities		16,000,000	15,000,000
Fortitude Re funds withheld payable		1,774,000,000	1,262,000,000
Market risk benefit liabilities, at fair value		5,144,000,000	4,736,000,000	$ 6,100,000,000
Debt of consolidated investment entities			6,000,000
Total		13,004,000,000	11,386,000,000
Recurring Basis | Level 3 | Debt of Consolidated Entities
Total
Debt of consolidated investment entities		6,000,000
Recurring Basis | Interest rate contracts
Assets:
Derivative assets		1,449,000,000	1,573,000,000
Total
Derivative liabilities		2,087,000,000	2,676,000,000
Recurring Basis | Interest rate contracts | Level 1
Assets:
Derivative assets		0	1,000,000
Total
Derivative liabilities		0	0
Recurring Basis | Interest rate contracts | Level 2
Assets:
Derivative assets		1,105,000,000	1,269,000,000
Total
Derivative liabilities		2,087,000,000	2,676,000,000
Recurring Basis | Interest rate contracts | Level 3
Assets:
Derivative assets		344,000,000	303,000,000
Total
Derivative liabilities		0	0
Recurring Basis | Foreign exchange contracts
Assets:
Derivative assets		1,230,000,000	1,247,000,000
Total
Derivative liabilities		356,000,000	632,000,000
Recurring Basis | Foreign exchange contracts | Level 1
Assets:
Derivative assets		0	0
Total
Derivative liabilities		0	0
Recurring Basis | Foreign exchange contracts | Level 2
Assets:
Derivative assets		1,230,000,000	1,247,000,000
Total
Derivative liabilities		356,000,000	632,000,000
Recurring Basis | Foreign exchange contracts | Level 3
Assets:
Derivative assets		0	0
Total
Derivative liabilities		0	0
Recurring Basis | Equity contracts
Assets:
Derivative assets		676,000,000	417,000,000
Total
Derivative liabilities		61,000,000	27,000,000
Recurring Basis | Equity contracts | Level 1
Assets:
Derivative assets		26,000,000	11,000,000
Total
Derivative liabilities		36,000,000	2,000,000
Recurring Basis | Equity contracts | Level 2
Assets:
Derivative assets		137,000,000	124,000,000
Total
Derivative liabilities		9,000,000	10,000,000
Recurring Basis | Equity contracts | Level 3
Assets:
Derivative assets		513,000,000	282,000,000
Total
Derivative liabilities		16,000,000	15,000,000
Recurring Basis | Credit contracts
Assets:
Derivative assets		0	0
Total
Derivative liabilities		0	0
Recurring Basis | Credit contracts | Level 1
Assets:
Derivative assets		0	0
Total
Derivative liabilities		0	0
Recurring Basis | Credit contracts | Level 2
Assets:
Derivative assets		0	0
Total
Derivative liabilities		0	0
Recurring Basis | Credit contracts | Level 3
Assets:
Derivative assets		0	0
Total
Derivative liabilities		0	0
Recurring Basis | Other contracts
Assets:
Derivative assets		14,000,000	15,000,000
Total
Derivative liabilities		0	0
Recurring Basis | Other contracts | Level 1
Assets:
Derivative assets		0	0
Total
Derivative liabilities		0	0
Recurring Basis | Other contracts | Level 2
Assets:
Derivative assets		0	1,000,000
Total
Derivative liabilities		0	0
Recurring Basis | Other contracts | Level 3
Assets:
Derivative assets		14,000,000	14,000,000
Total
Derivative liabilities		0	0
Recurring Basis | U.S. government and government sponsored entities
Assets:
Bonds available for sale		1,259,000,000	1,198,000,000
Other bond securities		1,000,000
Recurring Basis | U.S. government and government sponsored entities | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0
Recurring Basis | U.S. government and government sponsored entities | Level 2
Assets:
Bonds available for sale		1,259,000,000	1,198,000,000
Other bond securities		1,000,000
Recurring Basis | U.S. government and government sponsored entities | Level 3
Assets:
Bonds available for sale		0	0
Other bond securities		0
Recurring Basis | Obligations of states, municipalities and political subdivisions
Assets:
Bonds available for sale		6,161,000,000	5,926,000,000
Other bond securities		64,000,000	37,000,000
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 2
Assets:
Bonds available for sale		5,303,000,000	5,121,000,000
Other bond securities		63,000,000	37,000,000
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available for sale		858,000,000	805,000,000
Other bond securities		1,000,000	0
Recurring Basis | Non-U.S. governments
Assets:
Bonds available for sale		4,318,000,000	4,392,000,000
Other bond securities		30,000,000	22,000,000
Recurring Basis | Non-U.S. governments | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Recurring Basis | Non-U.S. governments | Level 2
Assets:
Bonds available for sale		4,318,000,000	4,392,000,000
Other bond securities		30,000,000	22,000,000
Recurring Basis | Non-U.S. governments | Level 3
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Recurring Basis | Corporate debt
Assets:
Bonds available for sale		104,093,000,000	104,692,000,000
Other bond securities		2,361,000,000	2,222,000,000
Recurring Basis | Corporate debt | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Recurring Basis | Corporate debt | Level 2
Assets:
Bonds available for sale		102,389,000,000	102,724,000,000
Other bond securities		2,231,000,000	1,805,000,000
Recurring Basis | Corporate debt | Level 3
Assets:
Bonds available for sale		1,704,000,000	1,968,000,000
Other bond securities		130,000,000	417,000,000
Recurring Basis | RMBS
Assets:
Bonds available for sale		12,478,000,000	11,944,000,000
Other bond securities		175,000,000	165,000,000
Recurring Basis | RMBS | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Recurring Basis | RMBS | Level 2
Assets:
Bonds available for sale		6,791,000,000	6,274,000,000
Other bond securities		61,000,000	58,000,000
Recurring Basis | RMBS | Level 2 | Related Parties
Assets:
Bonds available for sale		38,000,000	37,000,000
Recurring Basis | RMBS | Level 2 | Related Parties | Maximum
Assets:
Other bond securities		1,000,000	1,000,000
Recurring Basis | RMBS | Level 3
Assets:
Bonds available for sale		5,687,000,000	5,670,000,000
Other bond securities		114,000,000	107,000,000
Recurring Basis | RMBS | Level 3 | Related Parties
Assets:
Bonds available for sale		2,000,000	2,000,000
Recurring Basis | CMBS
Assets:
Bonds available for sale		10,139,000,000	10,068,000,000
Other bond securities		257,000,000	232,000,000
Recurring Basis | CMBS | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Recurring Basis | CMBS | Level 2
Assets:
Bonds available for sale		9,421,000,000	9,350,000,000
Other bond securities		230,000,000	204,000,000
Recurring Basis | CMBS | Level 3
Assets:
Bonds available for sale		718,000,000	718,000,000
Other bond securities		27,000,000	28,000,000
Recurring Basis | CLO
Assets:
Bonds available for sale		9,073,000,000	8,186,000,000
Other bond securities		364,000,000	279,000,000
Recurring Basis | CLO | Related Parties
Assets:
Bonds available for sale		28,000,000
Recurring Basis | CLO | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Recurring Basis | CLO | Level 2
Assets:
Bonds available for sale		7,239,000,000	6,516,000,000
Other bond securities		293,000,000	268,000,000
Recurring Basis | CLO | Level 3
Assets:
Bonds available for sale		1,834,000,000	1,670,000,000
Other bond securities		71,000,000	11,000,000
Recurring Basis | CLO | Level 3 | Related Parties
Assets:
Bonds available for sale		17,000,000
Recurring Basis | ABS
Assets:
Bonds available for sale		11,540,000,000	10,387,000,000
Other bond securities		851,000,000	812,000,000
Recurring Basis | ABS | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Recurring Basis | ABS | Level 2
Assets:
Bonds available for sale		833,000,000	792,000,000
Other bond securities		70,000,000	71,000,000
Recurring Basis | ABS | Level 3
Assets:
Bonds available for sale		10,707,000,000	9,595,000,000
Other bond securities		781,000,000	741,000,000
Recurring Basis | Collateralized Debt Obligations | Related Parties
Assets:
Bonds available for sale		238,000,000	$ 0
Recurring Basis | Collateralized Debt Obligations | Level 3 | Related Parties
Assets:
Bonds available for sale		$ 176,000,000
[1] See Note 8

Fair Value Measurements - Chang

Fair Value Measurements - Changes in level 3 recurring fair value measurements, assets (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		$ 23,588	$ 24,928
Net Realized and Unrealized Gains (Losses) Included in Income		31	187
Other Comprehensive Income (Loss)		311	(1,308)
Purchases, Sales, Issuances and Settlements, Net		835	840
Gross Transfers In		246	1,051
Gross Transfers Out		(705)	(1,379)
Other		(228)	0
Fair Value End of Period		$ 24,534	$ 24,319
Derivative Liability, Statement of Financial Position [Extensible Enumeration]		Total net realized gains (losses)	Total net realized gains (losses)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]		Total net realized gains (losses)	Total net realized gains (losses)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		$ (15)	$ 90
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		$ 241	(1,281)
Gross Transfers Out			0
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]		Other comprehensive income (loss)
Short-term investments	[1]	$ 4,006		$ 4,400
Fair Value Beginning of Period		6,989	9,650	6,162	$ 13,081
Net Realized and Unrealized (Gains) Losses Included in Income		1,292	(3,196)
Other Comprehensive (Income) Loss		0	0
Purchases, Sales, Issuances and Settlements, Net		(465)	(235)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(878)	3,639
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Bonds available for sale	[1]	159,061		156,793
Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		1,540		1,357
Bonds available for sale		159,061		156,793
Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		1		1
Bonds available for sale		0		0
Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		1,539		1,356
Bonds available for sale		137,553		136,367
Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		0		0
Bonds available for sale		21,508		20,426
Interest rate contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Foreign exchange contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Equity contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Credit contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Other contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Derivative liabilities, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Net Realized and Unrealized (Gains) Losses Included in Income		(114)	298
Purchases, Sales, Issuances and Settlements, Net		(268)	(14)
Policyholder contract deposits(b)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Fair Value Beginning of Period		6,064	5,035	5,367	5,572
Net Realized and Unrealized (Gains) Losses Included in Income		381	(658)
Other Comprehensive (Income) Loss		0	0
Purchases, Sales, Issuances and Settlements, Net		316	121
Gross Transfers In		0	0
Other		0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(368)	845
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Fortitude Re funds withheld payable
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Fair Value Beginning of Period		1,774	4,796	1,262	7,974
Net Realized and Unrealized (Gains) Losses Included in Income		1,025	(2,837)
Other Comprehensive (Income) Loss		0	0
Purchases, Sales, Issuances and Settlements, Net		(513)	(341)
Gross Transfers In		0	0
Other		0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(633)	3,016
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Debt of consolidated investment entities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Fair Value Beginning of Period		6	5	6	$ 5
Net Realized and Unrealized (Gains) Losses Included in Income		0	(1)
Other Comprehensive (Income) Loss		0	0
Purchases, Sales, Issuances and Settlements, Net		0	(1)
Gross Transfers In		0	0
Other		0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	(1)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Obligations of states, municipalities and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		6,161		5,926
Obligations of states, municipalities and political subdivisions | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		6,161		5,926
Obligations of states, municipalities and political subdivisions | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		0		0
Obligations of states, municipalities and political subdivisions | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		5,303		5,121
Obligations of states, municipalities and political subdivisions | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		833		780
Obligations of states, municipalities and political subdivisions | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		858		805
Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		104,093		104,692
Corporate debt | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		104,093		104,692
Corporate debt | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		0		0
Corporate debt | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		102,389		102,724
Corporate debt | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		1,655		1,988
Corporate debt | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		1,704		1,968
RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		12,478		11,944
RMBS | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		12,478		11,944
RMBS | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		0		0
RMBS | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		6,791		6,274
RMBS | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		3,590		3,725
RMBS | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		5,687		5,670
CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		10,139		10,068
CMBS | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		10,139		10,068
CMBS | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		0		0
CMBS | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		9,421		9,350
CMBS | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		570		663
CMBS | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		718		718
CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		9,073		8,186
CLO | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		9,073		8,186
CLO | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		0		0
CLO | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		7,239		6,516
CLO | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		1,834		1,670
ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		11,540		10,387
ABS | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		11,540		10,387
ABS | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		0		0
ABS | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		833		792
ABS | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		10,707		$ 9,595
Bonds Available For Sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		20,426	22,407
Net Realized and Unrealized Gains (Losses) Included in Income		37	106
Other Comprehensive Income (Loss)		306	(1,303)
Purchases, Sales, Issuances and Settlements, Net		829	489
Gross Transfers In		245	916
Gross Transfers Out		(509)	(1,212)
Other		(174)	0
Fair Value End of Period		21,508	21,403
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		241	(1,281)
Bonds Available For Sale | Obligations of states, municipalities and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		805	1,395
Net Realized and Unrealized Gains (Losses) Included in Income		0	2
Other Comprehensive Income (Loss)		55	(282)
Purchases, Sales, Issuances and Settlements, Net		(2)	(56)
Gross Transfers In		0	0
Gross Transfers Out		0	0
Other		0	0
Fair Value End of Period		858	1,059
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		43	(270)
Bonds Available For Sale | Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,968	1,907
Net Realized and Unrealized Gains (Losses) Included in Income		(102)	(9)
Other Comprehensive Income (Loss)		44	(59)
Purchases, Sales, Issuances and Settlements, Net		14	218
Gross Transfers In		167	91
Gross Transfers Out		(371)	(93)
Other		16	0
Fair Value End of Period		1,704	2,055
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		51	(56)
Bonds Available For Sale | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		5,670	7,595
Net Realized and Unrealized Gains (Losses) Included in Income		81	92
Other Comprehensive Income (Loss)		(40)	(404)
Purchases, Sales, Issuances and Settlements, Net		(8)	(365)
Gross Transfers In		0	0
Gross Transfers Out		(16)	(406)
Other		0	0
Fair Value End of Period		5,687	6,512
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(66)	(400)
Bonds Available For Sale | CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		718	1,072
Net Realized and Unrealized Gains (Losses) Included in Income		7	7
Other Comprehensive Income (Loss)		(4)	(60)
Purchases, Sales, Issuances and Settlements, Net		0	10
Gross Transfers In		24	0
Gross Transfers Out		(27)	(281)
Other		0	0
Fair Value End of Period		718	748
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(25)	(58)
Bonds Available For Sale | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,670	3,038
Net Realized and Unrealized Gains (Losses) Included in Income		9	(2)
Other Comprehensive Income (Loss)		(18)	(52)
Purchases, Sales, Issuances and Settlements, Net		21	11
Gross Transfers In		54	825
Gross Transfers Out		(92)	(432)
Other		0	0
Fair Value End of Period		1,834	3,388
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(16)	(53)
Bonds Available For Sale | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		9,595	7,400
Net Realized and Unrealized Gains (Losses) Included in Income		42	16
Other Comprehensive Income (Loss)		269	(446)
Purchases, Sales, Issuances and Settlements, Net		804	671
Gross Transfers In		0	0
Gross Transfers Out		(3)	0
Other		(190)	0
Fair Value End of Period		10,707	7,641
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		254	(444)
Other Bond Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,304	627
Net Realized and Unrealized Gains (Losses) Included in Income		38	(29)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		(77)	378
Gross Transfers In		1	111
Gross Transfers Out		(196)	(14)
Other		(54)	0
Fair Value End of Period		1,124	1,073
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		27	(28)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | Obligations of states, municipalities and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		0
Net Realized and Unrealized Gains (Losses) Included in Income		0
Other Comprehensive Income (Loss)		0
Purchases, Sales, Issuances and Settlements, Net		1
Gross Transfers In		0
Gross Transfers Out		0
Other		0
Fair Value End of Period		1
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0
Other Bond Securities | Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		417	134
Net Realized and Unrealized Gains (Losses) Included in Income		0	0
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		(96)	77
Gross Transfers In		0	61
Gross Transfers Out		(191)	(12)
Other		0	0
Fair Value End of Period		130	260
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		3	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		107	106
Net Realized and Unrealized Gains (Losses) Included in Income		4	(3)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		3	12
Gross Transfers In		0	0
Gross Transfers Out		0	0
Other		0	0
Fair Value End of Period		114	115
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		2	(6)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		28	33
Net Realized and Unrealized Gains (Losses) Included in Income		(1)	(2)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		0	0
Gross Transfers In		0	0
Gross Transfers Out		0	0
Other		0	0
Fair Value End of Period		27	31
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(1)	(2)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		11	149
Net Realized and Unrealized Gains (Losses) Included in Income		9	(7)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		1	0
Gross Transfers In		1	50
Gross Transfers Out		(5)	(2)
Other		0	0
Fair Value End of Period		71	190
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		4	(2)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		741	205
Net Realized and Unrealized Gains (Losses) Included in Income		26	(17)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		14	289
Gross Transfers In		0	0
Gross Transfers Out		0	0
Other		(54)	0
Fair Value End of Period		781	477
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		19	(18)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Equity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		26	2
Net Realized and Unrealized Gains (Losses) Included in Income		0	0
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		24	1
Gross Transfers In		0	0
Gross Transfers Out		0	0
Other		0	0
Fair Value End of Period		50	3
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Invested Assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,832	1,892
Net Realized and Unrealized Gains (Losses) Included in Income		(44)	110
Other Comprehensive Income (Loss)		5	(5)
Purchases, Sales, Issuances and Settlements, Net		59	(28)
Gross Transfers In		0	24
Gross Transfers Out		0	(153)
Other		0	0
Fair Value End of Period		1,852	1,840
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(42)	118
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		$ 0	$ 0
[1] See Note 8

Fair Value Measurements - Cha_2

Fair Value Measurements - Changes in level 3 recurring fair value measurements, liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Sep. 09, 2022	Dec. 31, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	$ 6,989	$ 9,650	$ 6,162		$ 13,081
Net Realized and Unrealized (Gains) Losses Included in Income	1,292	(3,196)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(465)	(235)
Fair Value End of Period	6,989	9,650
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(878)	3,639
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Gross Transfers Out		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(705)	(1,379)
Collateralized Debt Obligations | AIG Special Purposes Entities | Total derivatives with related parties | Corebridge
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Ownership percentage				100%
Bonds Available For Sale
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(509)	(1,212)
Bonds Available For Sale | Obligations of states, municipalities and political subdivisions
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0	0
Bonds Available For Sale | Corporate debt
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(371)	(93)
Bonds Available For Sale | RMBS
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(16)	(406)
Bonds Available For Sale | CMBS
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(27)	(281)
Bonds Available For Sale | CLO
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(92)	(432)
Bonds Available For Sale | ABS
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(3)	0
Other Bond Securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(196)	(14)
Other Bond Securities | Obligations of states, municipalities and political subdivisions
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0
Other Bond Securities | Corporate debt
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(191)	(12)
Other Bond Securities | RMBS
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0	0
Other Bond Securities | CMBS
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0	0
Other Bond Securities | CLO
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(5)	(2)
Other Bond Securities | ABS
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0	0
Equity securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0	0
Other Invested Assets
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0	(153)
Policyholder contract deposits(b)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	6,064	5,035	5,367		5,572
Net Realized and Unrealized (Gains) Losses Included in Income	381	(658)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	316	121
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	6,064	5,035
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(368)	845
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Derivative liabilities, net
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net Realized and Unrealized (Gains) Losses Included in Income	(114)	298
Purchases, Sales, Issuances and Settlements, Net	(268)	(14)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(473)	(470)
Net Realized and Unrealized (Gains) Losses Included in Income	(114)	298
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(268)	(14)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	(855)	(186)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	123	(221)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Interest rate contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(303)	0
Net Realized and Unrealized (Gains) Losses Included in Income	78	(1)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(119)	(2)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	(344)	(3)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(71)	1
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Foreign exchange contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	0	0
Net Realized and Unrealized (Gains) Losses Included in Income	0	0
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	0	0
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Equity contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(156)	(457)
Net Realized and Unrealized (Gains) Losses Included in Income	(176)	315
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(165)	(26)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	(497)	(168)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	178	(238)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Credit contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	0	(1)
Net Realized and Unrealized (Gains) Losses Included in Income	0	1
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	0	0
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	(1)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Other contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(14)	(12)
Net Realized and Unrealized (Gains) Losses Included in Income	(16)	(17)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	16	14
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	(14)	(15)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	16	17
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Fortitude Re funds withheld payable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	1,774	4,796	1,262		7,974
Net Realized and Unrealized (Gains) Losses Included in Income	1,025	(2,837)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(513)	(341)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	1,774	4,796
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(633)	3,016
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Market Risk Benefit Liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net Realized and Unrealized (Gains) Losses Included in Income	87	(702)
Debt of consolidated investment entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	6	5	$ 6		$ 5
Net Realized and Unrealized (Gains) Losses Included in Income	0	(1)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	0	(1)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	6	5
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	(1)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	$ 0	$ 0

Fair Value Measurements - Net r

Fair Value Measurements - Net realized and unrealized gains and losses included in income related to Level 3 assets and liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ 31	$ 187
Net realized gains (losses), liabilities	(1,292)	3,196
Policyholder contract deposits(b)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(381)	658
Policyholder contract deposits(b) | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Policyholder contract deposits(b) | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Policyholder contract deposits(b) | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(381)	658
Policyholder contract deposits(b) | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Policyholder contract deposits(b) | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Derivative liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	114	(298)
Derivative liabilities, net | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	16	15
Derivative liabilities, net | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Derivative liabilities, net | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	197	(344)
Derivative liabilities, net | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Derivative liabilities, net | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(99)	31
Fortitude Re funds withheld payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(1,025)	2,837
Fortitude Re funds withheld payable | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Fortitude Re funds withheld payable | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Fortitude Re funds withheld payable | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(1,025)	2,837
Fortitude Re funds withheld payable | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Fortitude Re funds withheld payable | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Debt of consolidated investment entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	1
Debt of consolidated investment entities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Debt of consolidated investment entities | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Debt of consolidated investment entities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Debt of consolidated investment entities | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	1
Debt of consolidated investment entities | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Market Risk Benefit Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(87)	702
Market Risk Benefit Liabilities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Market Risk Benefit Liabilities | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Market Risk Benefit Liabilities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	3
Market Risk Benefit Liabilities | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Market Risk Benefit Liabilities | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(87)	699
Bonds Available For Sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	37	106
Bonds Available For Sale | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Bonds Available For Sale | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	32	117
Bonds Available For Sale | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	5	(11)
Bonds Available For Sale | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Bonds Available For Sale | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Bond Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	38	(29)
Other Bond Securities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Bond Securities | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	38	(29)
Other Bond Securities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Bond Securities | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Bond Securities | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Invested Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(44)	110
Other Invested Assets | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Invested Assets | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(43)	110
Other Invested Assets | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(1)	0
Other Invested Assets | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Invested Assets | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ 0	$ 0

Fair Value Measurements - Gross

Fair Value Measurements - Gross components of purchases, sales, issuances and settlements (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	$ 1,206	$ 1,602
Sales	(6)	(55)
Issuances and Settlements	(365)	(707)
Purchases, Sales, Issuances and Settlements, Net	835	840
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	(101)	(73)
Sales	326	195
Issuances and Settlements	(690)	(357)
Purchases, Sales, Issuances and Settlements, Net	(465)	(235)
Transfers into Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period	7	(25)
Transfers out Level 3 at end of reporting period, net gains (losses) included in realized and unrealized gains and losses related to Level 3 for the period.	$ 11	$ (39)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Total net realized gains (losses)	Total net realized gains (losses)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Total net realized gains (losses)
Policyholder contract deposits(b)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	$ 0	$ 0
Sales	326	195
Issuances and Settlements	(10)	(74)
Purchases, Sales, Issuances and Settlements, Net	316	121
Derivative liabilities, net
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	(101)	(73)
Sales	0	0
Issuances and Settlements	(167)	59
Purchases, Sales, Issuances and Settlements, Net	(268)	(14)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	123	(221)
Fortitude Re funds withheld payable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0
Sales	0	0
Issuances and Settlements	(513)	(341)
Purchases, Sales, Issuances and Settlements, Net	(513)	(341)
Debt of consolidated investment entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0
Sales	0	0
Issuances and Settlements	0	(1)
Purchases, Sales, Issuances and Settlements, Net	0	(1)
Bonds Available For Sale
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	1,072	1,027
Sales	(6)	(55)
Issuances and Settlements	(237)	(483)
Purchases, Sales, Issuances and Settlements, Net	829	489
Bonds Available For Sale | Obligations of states, municipalities and political subdivisions
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0
Sales	0	(55)
Issuances and Settlements	(2)	(1)
Purchases, Sales, Issuances and Settlements, Net	(2)	(56)
Bonds Available For Sale | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	28	0
Sales	0	0
Issuances and Settlements	(14)	218
Purchases, Sales, Issuances and Settlements, Net	14	218
Bonds Available For Sale | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	167	108
Sales	0	0
Issuances and Settlements	(175)	(473)
Purchases, Sales, Issuances and Settlements, Net	(8)	(365)
Bonds Available For Sale | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	9	42
Sales	(6)	0
Issuances and Settlements	(3)	(32)
Purchases, Sales, Issuances and Settlements, Net	0	10
Bonds Available For Sale | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	10	53
Sales	0	0
Issuances and Settlements	11	(42)
Purchases, Sales, Issuances and Settlements, Net	21	11
Bonds Available For Sale | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	858	824
Sales	0	0
Issuances and Settlements	(54)	(153)
Purchases, Sales, Issuances and Settlements, Net	804	671
Other Bond Securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	40	336
Sales	0	0
Issuances and Settlements	(117)	42
Purchases, Sales, Issuances and Settlements, Net	(77)	378
Other Bond Securities | Obligations of states, municipalities and political subdivisions
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	1
Sales	0
Issuances and Settlements	0
Purchases, Sales, Issuances and Settlements, Net	1
Other Bond Securities | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	19
Sales	0	0
Issuances and Settlements	(96)	58
Purchases, Sales, Issuances and Settlements, Net	(96)	77
Other Bond Securities | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	6	17
Sales	0	0
Issuances and Settlements	(3)	(5)
Purchases, Sales, Issuances and Settlements, Net	3	12
Other Bond Securities | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0
Sales	0	0
Issuances and Settlements	0	0
Purchases, Sales, Issuances and Settlements, Net	0	0
Other Bond Securities | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	1	9
Sales	0	0
Issuances and Settlements	0	(9)
Purchases, Sales, Issuances and Settlements, Net	1	0
Other Bond Securities | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	32	291
Sales	0	0
Issuances and Settlements	(18)	(2)
Purchases, Sales, Issuances and Settlements, Net	14	289
Equity securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	24	0
Sales	0	0
Issuances and Settlements	0	1
Purchases, Sales, Issuances and Settlements, Net	24	1
Other Invested Assets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	70	239
Sales	0	0
Issuances and Settlements	(11)	(267)
Purchases, Sales, Issuances and Settlements, Net	$ 59	$ (28)

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Fair Value, Option, Quantitative Disclosures
Transfers into Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period	$ 7	$ (25)
Transfers out Level 3 at end of reporting period, net gains (losses) included in realized and unrealized gains and losses related to Level 3 for the period.	$ 11	$ (39)
Private equity funds
Fair Value, Option, Quantitative Disclosures
Average original expected lives (in years)	10 years
Private equity funds | Minimum
Fair Value, Option, Quantitative Disclosures
Extension period (in years)	1 year
Private equity funds | Maximum
Fair Value, Option, Quantitative Disclosures
Extension period (in years)	2 years
Alternative investments
Fair Value, Option, Quantitative Disclosures
Fair value option carrying amount	$ 6		$ 6
Fair value option, aforementioned principal amount	$ 648		$ 655

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information about Level 3 Fair Value Measurements (Details) $ in Millions		Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale	[1]	$ 159,061	$ 156,793
Embedded derivatives within Policyholder contract deposits		7,900	6,700
Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		1,200	1,100
Obligations of states, municipalities and political subdivisions
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 6,161	$ 5,926
Obligations of states, municipalities and political subdivisions | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0491	0.0533
Obligations of states, municipalities and political subdivisions | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0555	0.0592
Obligations of states, municipalities and political subdivisions | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0523	0.0563
Obligations of states, municipalities and political subdivisions | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 833	$ 780
Corporate debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 104,093	$ 104,692
Corporate debt | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0477	0.0490
Corporate debt | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0970	0.0954
Corporate debt | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0724	0.0722
Corporate debt | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 1,655	$ 1,988
RMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 12,478	$ 11,944
RMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.4450	0.0595
RMBS | Minimum | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0473	0.0484
RMBS | Minimum | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0086	0.4501
RMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0619	0.0079
RMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.7853	0.0772
RMBS | Maximum | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.1010	0.1035
RMBS | Maximum | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0272	0.7728
RMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0787	0.0267
RMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.6151	0.0684
RMBS | Weighted-average | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0741	0.0760
RMBS | Weighted-average | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0179	0.6114
RMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0703	0.0173
RMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 3,590	$ 3,725
CLO | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0675	0.0713
CLO | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0844	0.0759
CLO | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0759	0.0736
CLO | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 1,518	$ 1,547
ABS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0560	0.0601
ABS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0741	0.0796
ABS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0650	0.0698
ABS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 8,332	$ 6,591
CMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 10,139	$ 10,068
CMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0428	0.0472
CMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.2546	0.1021
CMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.1178	0.0746
CMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 570	$ 663
Market risk benefit assets | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0655	0.0645
Market risk benefit assets | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0016	0.0016
Market risk benefit assets | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.2000	0.2000
Market risk benefit assets | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.3825	0.3825
Market risk benefit assets | Minimum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.8000	0.8000
Market risk benefit assets | Minimum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0	0
Market risk benefit assets | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0034	0
Market risk benefit assets | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.5175	0.5075
Market risk benefit assets | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.2880	0.2880
Market risk benefit assets | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		1.8618	1.8618
Market risk benefit assets | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		1.6001	1.6001
Market risk benefit assets | Maximum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		1	1
Market risk benefit assets | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.3000	0.3000
Market risk benefit assets | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0245	0.0203
Market risk benefit assets | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 830	$ 796
GMWB only | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0655	0.0645
GMWB only | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0016	0.0016
GMWB only | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2000	0.2000
GMWB only | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.3825	0.3825
GMWB only | Minimum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.8000	0.8000
GMWB only | Minimum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
GMWB only | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0034	0
GMWB only | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5175	0.5075
GMWB only | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2880	0.2880
GMWB only | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8618	1.8618
GMWB only | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.6001	1.6001
GMWB only | Maximum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1	1
GMWB only | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.3000	0.3000
GMWB only | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0245	0.0203
GMWB only | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 2,381	$ 2,358
Fixed annuities guaranteed benefits | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0020	0.0020
Fixed annuities guaranteed benefits | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2000	0.2000
Fixed annuities guaranteed benefits | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4026	0.4026
Fixed annuities guaranteed benefits | Minimum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.9000	0.9000
Fixed annuities guaranteed benefits | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0034	0
Fixed annuities guaranteed benefits | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.1575	0.1575
Fixed annuities guaranteed benefits | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8618	1.8616
Fixed annuities guaranteed benefits | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.6843	1.6843
Fixed annuities guaranteed benefits | Maximum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.9750	0.9750
Fixed annuities guaranteed benefits | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0245	0.0203
Fixed annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 806	$ 680
Fixed index annuities guaranteed benefits | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0655	0.0020
Fixed index annuities guaranteed benefits | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0020	0.2000
Fixed index annuities guaranteed benefits | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2000	0.2400
Fixed index annuities guaranteed benefits | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2400	0.6000
Fixed index annuities guaranteed benefits | Minimum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0.0645
Fixed index annuities guaranteed benefits | Minimum | Option Budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.6000	0
Fixed index annuities guaranteed benefits | Minimum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Fixed index annuities guaranteed benefits | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0034	0
Fixed index annuities guaranteed benefits | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5175	0.5000
Fixed index annuities guaranteed benefits | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5000	1.8618
Fixed index annuities guaranteed benefits | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8618	1.8000
Fixed index annuities guaranteed benefits | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8000	0.9750
Fixed index annuities guaranteed benefits | Maximum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0600	0.5075
Fixed index annuities guaranteed benefits | Maximum | Option Budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.9750	0.0500
Fixed index annuities guaranteed benefits | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.3000	0.3000
Fixed index annuities guaranteed benefits | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0245	0.0203
Fixed index annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,957	$ 1,698
Index credits on fixed index annuities | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0655	0.0645
Index credits on fixed index annuities | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0020	0.0020
Index credits on fixed index annuities | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2000	0.2000
Index credits on fixed index annuities | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2400	0.2400
Index credits on fixed index annuities | Minimum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.6000	0.6000
Index credits on fixed index annuities | Minimum | Option Budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index credits on fixed index annuities | Minimum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index credits on fixed index annuities | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0034	0
Index credits on fixed index annuities | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5175	0.5075
Index credits on fixed index annuities | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5000	0.5000
Index credits on fixed index annuities | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8618	1.8618
Index credits on fixed index annuities | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8000	1.8000
Index credits on fixed index annuities | Maximum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.9750	0.9750
Index credits on fixed index annuities | Maximum | Option Budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0600	0.0500
Index credits on fixed index annuities | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.3000	0.3000
Index credits on fixed index annuities | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0245	0.0203
Index credits on fixed index annuities | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 5,269	$ 4,657
Index Life | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0575	0.0575
Index Life | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index Life | Minimum | Mortality multiplier(e)(f)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index Life | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0034	0
Index Life | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2140	0.2363
Index Life | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.3797	0.3797
Index Life | Maximum | Mortality multiplier(e)(f)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1	1
Index Life | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0245	0.0203
Index Life | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 795	$ 710
[1] See Note 8

Fair Value Measurements - Inves

Fair Value Measurements - Investments in certain other invested assets (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Private Equity Funds and Hedge Funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	$ 6,082	$ 6,047
Unfunded Commitments	2,735	2,788
Private equity funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	5,279	5,163
Unfunded Commitments	2,735	2,788
Leveraged buyout
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	2,114	2,014
Unfunded Commitments	1,660	1,719
Real estate
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	1,064	1,082
Unfunded Commitments	548	549
Venture capital
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	208	212
Unfunded Commitments	109	118
Growth equity
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	492	510
Unfunded Commitments	33	40
Mezzanine
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	445	443
Unfunded Commitments	88	78
Other
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	956	902
Unfunded Commitments	297	284
Hedge funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	803	884
Unfunded Commitments	0	0
Event-driven
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	5	5
Unfunded Commitments	0	0
Long-short
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	272	335
Unfunded Commitments	0	0
Macro
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	351	366
Unfunded Commitments	0	0
Other
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	175	178
Unfunded Commitments	$ 0	$ 0

Fair Value Measurements - Gains

Fair Value Measurements - Gains or losses recorded related to fair value option (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 115	$ 137
Total liabilities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	(1)	6
Policyholder contract deposits(b)
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	(1)	7
Debt of consolidated investment entities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	0	(1)
Total assets
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	116	131
Other bond securities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	115	(112)
Alternative investments
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 1	$ 243

Fair Value Measurements - Ass_2

Fair Value Measurements - Assets measured at fair value on a non-recurring basis and related impairment charges (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments	[1]	$ 10,496		$ 10,418
Non-Recurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0		12
Total		0		12
Impairment Charges		0	$ 0
Non-Recurring Basis | Other investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment Charges		0	$ 0
Non-Recurring Basis | Asset Class to Loans Held For Sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total		100
Non-Recurring Basis | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0		0
Total		0		0
Non-Recurring Basis | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0		0
Total		0		0
Non-Recurring Basis | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0		12
Total		$ 0		$ 12
[1] See Note 8

Fair Value Measurements - Carry

Fair Value Measurements - Carrying values and estimated fair values of our financial instruments not measured at fair value (Details) - USD ($) $ in Millions		Mar. 31, 2023		Dec. 31, 2022		Mar. 31, 2022	Jan. 01, 2021
Assets:
Mortgage and other loans receivable	[1]	$ 45,869		$ 44,566
Other investments	[1]	10,496		10,418
Short-term investments	[1]	4,006		4,400
Cash		465	[1]	552	[1]	$ 583
Other assets				2,521	[1]		$ 3,824
Liabilities:
Short-term debt		1,500		1,500
Consolidated VIE
Assets:
Mortgage and other loans receivable		2,034		2,088
Short-term investments		197		456
Cash		96		71
Other assets		133		170
Liabilities:
Other liabilities		97		132
Long-term debt		2,685		5,958
Estimated Fair Value
Assets:
Mortgage and other loans receivable		42,960		40,967
Other investments		244		222
Short-term investments		2,466		3,043
Cash		465		552
Other assets		4		12
Liabilities:
Policyholder contract deposits associated with investment-type contracts		133,018		129,293
Fortitude Re funds withheld payable		24,859		25,289
Other liabilities		2,614		3,056
Short-term debt		1,500		1,500
Long-term debt		7,108		7,172
Separate account liabilities - investment contracts		83,452		80,649
Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		2,433		5,543
Carrying Value
Assets:
Mortgage and other loans receivable		45,770		44,403
Other investments		244		222
Short-term investments		2,466		3,043
Cash		465		552
Other assets		4		12
Liabilities:
Policyholder contract deposits associated with investment-type contracts		138,269		137,086
Fortitude Re funds withheld payable		24,859		25,289
Other liabilities		2,614		3,056
Short-term debt		1,500		1,500
Long-term debt		7,871		7,868
Separate account liabilities - investment contracts		83,452		80,649
Carrying Value | Consolidated VIE
Liabilities:
Long-term debt		2,682		5,952
Level 1 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		0		0
Other investments		0		0
Short-term investments		0		0
Cash		465		552
Other assets		4		4
Liabilities:
Policyholder contract deposits associated with investment-type contracts		0		0
Fortitude Re funds withheld payable		0		0
Other liabilities		0		0
Short-term debt				0
Long-term debt		0		0
Separate account liabilities - investment contracts		0		0
Level 1 | Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		0		0
Level 2 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		32		31
Other investments		244		222
Short-term investments		2,466		3,043
Cash		0		0
Other assets		0		8
Liabilities:
Policyholder contract deposits associated with investment-type contracts		115		119
Fortitude Re funds withheld payable		0		0
Other liabilities		2,614		3,056
Short-term debt		1,500		1,500
Long-term debt		7,108		7,172
Separate account liabilities - investment contracts		83,452		80,649
Level 2 | Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		86		3,055
Level 3 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		42,928		40,936
Other investments		0		0
Short-term investments		0		0
Cash		0		0
Other assets		0		0
Liabilities:
Policyholder contract deposits associated with investment-type contracts		132,903		129,174
Fortitude Re funds withheld payable		24,859		25,289
Other liabilities		0		0
Short-term debt		0		0
Long-term debt		0		0
Separate account liabilities - investment contracts		0		0
Level 3 | Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		$ 2,347		$ 2,488
[1] See Note 8

Investments - Amortized cost or

Investments - Amortized cost or cost and fair value of available for sale securities (Details) - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		$ 179,471	$ 181,274
Allowance for Credit Losses		(96)	(148)	$ (141)	$ (78)
Gross Unrealized Gains		1,729	1,424
Gross Unrealized Losses		(22,043)	(25,757)
Bonds available for sale	[1]	159,061	156,793
U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		1,409	1,405
Allowance for Credit Losses		0	0
Gross Unrealized Gains		25	17
Gross Unrealized Losses		(175)	(224)
Bonds available for sale		1,259	1,198
Obligations of states, municipalities and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		6,761	6,808
Allowance for Credit Losses		0	0
Gross Unrealized Gains		77	42
Gross Unrealized Losses		(677)	(924)
Bonds available for sale		6,161	5,926
Non-U.S. governments
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		5,065	5,251
Allowance for Credit Losses		(5)	(5)
Gross Unrealized Gains		32	25
Gross Unrealized Losses		(774)	(879)
Bonds available for sale		4,318	4,392
Corporate debt
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		120,224	124,068
Allowance for Credit Losses		(64)	(116)
Gross Unrealized Gains		977	729
Gross Unrealized Losses		(17,044)	(19,989)
Bonds available for sale		104,093	104,692
Mortgage-backed, asset-backed and collateralized
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		46,012	43,742
Allowance for Credit Losses		(27)	(27)
Gross Unrealized Gains		618	611
Gross Unrealized Losses		(3,373)	(3,741)
Bonds available for sale		43,230	40,585
RMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		12,737	12,267
Allowance for Credit Losses		(26)	(27)
Gross Unrealized Gains		556	574
Gross Unrealized Losses		(789)	(870)
Bonds available for sale		12,478	11,944
RMBS | Total derivatives with related parties
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		43	43
Bonds available for sale		40	39
CMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		11,245	11,176
Allowance for Credit Losses		(1)	0
Gross Unrealized Gains		8	7
Gross Unrealized Losses		(1,113)	(1,115)
Bonds available for sale		10,139	10,068
CLO
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		9,409	8,547
Allowance for Credit Losses		0	0
Gross Unrealized Gains		27	15
Gross Unrealized Losses		(363)	(376)
Bonds available for sale		9,073	8,186
ABS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		12,621	11,752
Allowance for Credit Losses		0	0
Gross Unrealized Gains		27	15
Gross Unrealized Losses		(1,108)	(1,380)
Bonds available for sale		11,540	$ 10,387
Collateralized Debt Obligations | Total derivatives with related parties
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		249
Bonds available for sale		$ 238
[1] See Note 8

Investments - Securities availa

Investments - Securities available for sale in a loss position (Details) $ in Millions	Mar. 31, 2023 USD ($) security	Dec. 31, 2022 USD ($) security
Fair Value
Less Than 12 Months	$ 96,986	$ 119,440
12 Months or More	36,562	18,032
Total	133,548	137,472
Gross Unrealized Losses
Less Than 12 Months	15,754	21,420
12 Months or More	6,193	4,227
Total	$ 21,947	$ 25,647
Number of securities in an unrealized loss position | security	16,145	16,516
Number of individual securities in continuous unrealized loss position for longer than twelve months | security	4,087	1,923
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	$ 809	$ 761
12 Months or More	1	0
Total	810	761
Gross Unrealized Losses
Less Than 12 Months	175	224
12 Months or More	0	0
Total	175	224
Obligations of states, municipalities and political subdivisions
Fair Value
Less Than 12 Months	4,762	5,076
12 Months or More	22	0
Total	4,784	5,076
Gross Unrealized Losses
Less Than 12 Months	675	924
12 Months or More	2	0
Total	677	924
Non-U.S. governments
Fair Value
Less Than 12 Months	3,762	3,932
12 Months or More	7	0
Total	3,769	3,932
Gross Unrealized Losses
Less Than 12 Months	769	868
12 Months or More	0	0
Total	769	868
Corporate debt
Fair Value
Less Than 12 Months	66,755	82,971
12 Months or More	22,643	11,143
Total	89,398	94,114
Gross Unrealized Losses
Less Than 12 Months	12,539	16,866
12 Months or More	4,484	3,070
Total	17,023	19,936
RMBS
Fair Value
Less Than 12 Months	4,745	6,227
12 Months or More	2,523	903
Total	7,268	7,130
Gross Unrealized Losses
Less Than 12 Months	374	653
12 Months or More	348	171
Total	722	824
CMBS
Fair Value
Less Than 12 Months	6,649	7,902
12 Months or More	3,017	1,708
Total	9,666	9,610
Gross Unrealized Losses
Less Than 12 Months	643	797
12 Months or More	467	318
Total	1,110	1,115
CLO
Fair Value
Less Than 12 Months	4,486	5,573
12 Months or More	3,555	2,007
Total	8,041	7,580
Gross Unrealized Losses
Less Than 12 Months	156	234
12 Months or More	207	142
Total	363	376
ABS
Fair Value
Less Than 12 Months	5,018	6,998
12 Months or More	4,794	2,271
Total	9,812	9,269
Gross Unrealized Losses
Less Than 12 Months	423	854
12 Months or More	685	526
Total	$ 1,108	$ 1,380

Investments - Amortized cost an

Investments - Amortized cost and fair value of fixed maturity securities available for sale by contractual maturity (Details) - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022
Amortized Cost, Net of Allowance
Due in one year or less		$ 1,994
Due after one year through five years		21,059
Due after five years through ten years		26,335
Due after ten years		84,002
Mortgage-backed, asset-backed and collateralized		45,985
Total		179,375
Fair Value
Due in one year or less		1,989
Due after one year through five years		20,376
Due after five years through ten years		23,999
Due after ten years		69,467
Mortgage-backed, asset-backed and collateralized		43,230
Total	[1]	$ 159,061	$ 156,793
[1] See Note 8

Investments - Gross realized ga

Investments - Gross realized gains and gross realized losses from sales or maturities of available for sale securities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Fixed maturity securities
Gross Realized Gains	$ 46	$ 64
Gross Realized Losses	139	163
Net Investment Income [Line Items]
Aggregate fair value of available for sale securities sold	2,700	2,100
Net realized gains (losses)	(93)	(99)
Fortitude RE Funds Withheld Assets
Net Investment Income [Line Items]
Net realized gains (losses)	$ (17)	$ (20)

Investments - Value of other se

Investments - Value of other securities measured at fair value based on election of the fair value option (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities	[1]	$ 4,103		$ 3,769
Equity securities	[1]	191		170
Total		$ 4,294		3,939
Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		100%	100%
Fixed maturity securities
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 4,103		3,769
Fixed maturity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		96%	96%
Fixed maturity securities | Obligations of states, municipalities and political subdivisions
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 64		37
Fixed maturity securities | Obligations of states, municipalities and political subdivisions | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		1%	1%
Fixed maturity securities | Non-U.S. governments
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 30		22
Fixed maturity securities | Non-U.S. governments | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		1%	1%
Fixed maturity securities | Corporate debt
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 2,361		2,222
Fixed maturity securities | Corporate debt | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		55%	56%
Fixed maturity securities | Mortgage-backed, asset-backed and collateralized
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 1,647		1,488
Fixed maturity securities | Mortgage-backed, asset-backed and collateralized | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		39%	38%
Fixed maturity securities | RMBS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 175		165
Fixed maturity securities | RMBS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		4%	4%
Fixed maturity securities | CMBS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 257		232
Fixed maturity securities | CMBS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		6%	6%
Fixed maturity securities | CLO
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 364		279
Fixed maturity securities | CLO | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		9%	7%
Fixed maturity securities | ABS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 851		812
Fixed maturity securities | ABS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		20%	21%
Fixed maturity securities | US Government Corporations and Agencies Securities
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 1		0
Fixed maturity securities | US Government Corporations and Agencies Securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		0%	0%
Fixed maturity securities | Collateralized Debt Obligations
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 28
Equity securities
Debt and Equity Securities, FV-NI [Line Items]
Equity securities		$ 191		$ 170
Equity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		4%	4%
[1] See Note 8

Investments - Carrying amounts

Investments - Carrying amounts of other invested assets (Details) - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022
Investments [Line Items]
Investment real estate		$ 1,868	$ 1,831
All other investments		591	573
Total	[1]	10,496	10,418
Accumulated depreciation on investment in real estate		627	616
Total derivatives with related parties
Investments [Line Items]
Total		6	6
Fortitude
Investments [Line Items]
All other investments		156	156
Private equity funds/hedge funds
Investments [Line Items]
Alternative investments		8,037	8,014
Hedge Funds
Investments [Line Items]
Total		$ 802	$ 884
Percentage available for redemption in current fiscal year		77%	77%
Percentage available for redemption in the six years following the current fiscal year		23%	23%
Private equity funds
Investments [Line Items]
Alternative investments		$ 5,279	$ 5,163
Total		7,200	7,100
Affordable Housing Partnerships
Investments [Line Items]
Accumulated depreciation on investment in real estate		$ 123	$ 124
[1] See Note 8

Investments - Equity method inv

Investments - Equity method investments (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Equity method investments	$ 3,218	$ 3,185

Investments - Components of net

Investments - Components of net investment income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Net Investment Income [Line Items]
Total investment income	$ 2,856	$ 2,694
Investment expenses	161	113
Net investment income	2,695	2,581
Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	2,453	2,408
Investment expenses	152	105
Net investment income	2,301	2,303
Fortitude
Net Investment Income [Line Items]
Total investment income	403	286
Investment expenses	9	8
Net investment income	394	278
Available-for-sale fixed maturity securities, including short-term investments
Net Investment Income [Line Items]
Total investment income	2,113	1,888
Available-for-sale fixed maturity securities, including short-term investments | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	1,896	1,620
Available-for-sale fixed maturity securities, including short-term investments | Fortitude
Net Investment Income [Line Items]
Total investment income	217	268
Other bond securities
Net Investment Income [Line Items]
Total investment income	115	(112)
Other bond securities | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	10	(19)
Other bond securities | Fortitude
Net Investment Income [Line Items]
Total investment income	105	(93)
Equity securities
Net Investment Income [Line Items]
Total investment income	29	(57)
Equity securities | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	29	(57)
Equity securities | Fortitude
Net Investment Income [Line Items]
Total investment income	0	0
Interest on mortgage and other loans
Net Investment Income [Line Items]
Total investment income	562	424
Interest on mortgage and other loans | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	512	384
Interest on mortgage and other loans | Fortitude
Net Investment Income [Line Items]
Total investment income	50	40
Alternative investments
Net Investment Income [Line Items]
Total investment income	30	516
Alternative investments | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	(1)	445
Alternative investments | Fortitude
Net Investment Income [Line Items]
Total investment income	31	71
Real estate
Net Investment Income [Line Items]
Total investment income	4	(3)
Real estate | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	4	(3)
Real estate | Fortitude
Net Investment Income [Line Items]
Total investment income	0	0
Other investments
Net Investment Income [Line Items]
Total investment income	3	38
Other investments | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	3	38
Other investments | Fortitude
Net Investment Income [Line Items]
Total investment income	$ 0	$ 0

Investments - Components of n_2

Investments - Components of net realized gains (losses) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Components of net realized capital gains (losses)
Sales of fixed maturity securities	$ (93)	$ (99)
Net realized gains (losses)	(1,458)	2,887
Fortitude
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,005)	2,714
Excluding Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	(453)	173
Fortitude Re funds withheld embedded derivative
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,025)	2,837
Fortitude Re funds withheld embedded derivative | Fortitude
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,025)	2,837
Fortitude Re funds withheld embedded derivative | Excluding Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	0	0
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(93)	(99)
Change in allowance for credit losses on fixed maturity securities	(17)	(66)
Foreign exchange transactions, net of related hedges	18	117
Index-linked interest credited embedded derivatives, net of related hedges	(178)	205
All other derivatives and hedge accounting	(116)	(78)
Sales of alternative investments and real estate investments	6	9
Other	0	(6)
Net realized gains (losses)	(433)	50
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Change in allowance for credit losses on loans
Components of net realized capital gains (losses)
Change in allowance for credit losses on loans	(53)	(32)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Fortitude
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(17)	(20)
Change in allowance for credit losses on fixed maturity securities	0	(40)
Foreign exchange transactions, net of related hedges	7	6
Index-linked interest credited embedded derivatives, net of related hedges	0	0
All other derivatives and hedge accounting	48	(66)
Sales of alternative investments and real estate investments	1	1
Other	0	2
Net realized gains (losses)	20	(123)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Fortitude | Change in allowance for credit losses on loans
Components of net realized capital gains (losses)
Change in allowance for credit losses on loans	(19)	(6)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Excluding Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(76)	(79)
Change in allowance for credit losses on fixed maturity securities	(17)	(26)
Foreign exchange transactions, net of related hedges	11	111
Index-linked interest credited embedded derivatives, net of related hedges	(178)	205
All other derivatives and hedge accounting	(164)	(12)
Sales of alternative investments and real estate investments	5	8
Other	0	(8)
Net realized gains (losses)	(453)	173
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Excluding Fortitude Re Funds Withheld Assets | Change in allowance for credit losses on loans
Components of net realized capital gains (losses)
Change in allowance for credit losses on loans	$ (34)	$ (26)

Investments - Schedule of chang

Investments - Schedule of changes in unrealized appreciation (depreciation) of available for sale securities and other investments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	$ 4,020	$ (16,874)
Net gains (losses) recognized during the period on equity securities and other investments	60	242
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	34	(49)
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	26	291
Fixed maturity securities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	4,019	(16,874)
Equities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	29	(57)
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	33	(46)
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	(4)	(11)
Other Invested Assets
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	31	299
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	1	(3)
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	30	302
Other investments
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	$ 1	$ 0

Investments - Rollforward of ch

Investments - Rollforward of changes in allowance for credit losses on available for sale fixed maturity securities by major investment category (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 148	$ 78
Additions:
Securities for which allowance for credit losses were not previously recorded	14	127
Reductions:
Securities sold during the period	(19)	(2)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis	3	(62)
Write-offs charged against the allowance	(50)	0
Balance, end of period	96	141
Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	27	8
Additions:
Securities for which allowance for credit losses were not previously recorded	2	33
Reductions:
Securities sold during the period	(2)	0
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis	0	(30)
Write-offs charged against the allowance	0	0
Balance, end of period	27	11
Non-Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	121	70
Additions:
Securities for which allowance for credit losses were not previously recorded	12	94
Reductions:
Securities sold during the period	(17)	(2)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis	3	(32)
Write-offs charged against the allowance	(50)	0
Balance, end of period	$ 69	$ 130

Investments - Pledged investmen

Investments - Pledged investments (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Jan. 01, 2021
Financial Instruments Owned and Pledged as Collateral [Line Items]
Amounts borrowed under repurchase and securities lending agreements	$ 2,600	$ 3,100
Securities pledged under repurchase agreements	2,679	2,968
Total carrying values of cash and securities deposited under requirements of regulatory authorities or other insurance-related arrangements	5,000	3,500
Loans	46,528	45,166
Policyholder contract deposits	158,025	156,058	$ 152,447	$ 148,421
Less Than 12 Months	96,986	119,440
Guaranteed Investment Contract
Financial Instruments Owned and Pledged as Collateral [Line Items]
Policyholder contract deposits	72	56
Asset Pledged as Collateral | Federal Home Loan Bank Advances
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	5,900	4,800
Loans	2,100	1,800
Asset Pledged as Collateral | Deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	63
Asset Pledged as Collateral | Collateralized Reinsurance Transactions
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	246	144
Obligations of states, municipalities and political subdivisions
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	4,762	5,076
Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	3,762	3,932
Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	66,755	82,971
U.S. government and government sponsored entities
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	809	761
Overnight and Continuous
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	28	0
Up to 30 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	2,158	2,391
31 - 90 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	493	577
91 - 364 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
365 Days or Greater
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Fixed maturity securities
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	2,679	2,968
Securities collateral pledged to us	2,679	2,968
Bonds Available For Sale | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	74	21
Bonds Available For Sale | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	2,605	2,947
Bonds Available For Sale | Overnight and Continuous | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Bonds Available For Sale | Overnight and Continuous | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	28	0
Bonds Available For Sale | Up to 30 Days | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	74	21
Bonds Available For Sale | Up to 30 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	2,084	2,370
Bonds Available For Sale | 31 - 90 Days | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Bonds Available For Sale | 31 - 90 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	493	577
Bonds Available For Sale | 91 - 364 Days | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Bonds Available For Sale | 91 - 364 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Bonds Available For Sale | 365 Days or Greater | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Bonds Available For Sale | 365 Days or Greater | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
FHLBs
Financial Instruments Owned and Pledged as Collateral [Line Items]
Federal Home Loan Bank stock	$ 244	$ 222

Lending Activities - Compositio

Lending Activities - Composition of mortgages and other loans receivable (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 46,528		$ 45,166
Allowance for credit losses		(659)	$ (488)	(600)	$ (496)
Mortgage and other loans receivable, net	[1]	45,869		44,566
Off-balance-sheet commitments		54		60
Commercial Mortgages
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		33,692		32,993
Allowance for credit losses		$ (586)	(413)	$ (531)	$ (423)
Weighted average loan-to-value ratio (as a percent)		58%		59%
Weighted average debt service coverage ratio		1.9		1.9
Off-balance-sheet commitments		$ 54	$ 93
Loans on nonacrrual status		650		$ 623
Accrued interest receivable		$ 147		$ 130
Commercial Mortgages | New York
Composition of Mortgages and other loans receivable
Weighted average loan-to-value ratio (as a percent)		60%		59%
Weighted average debt service coverage ratio		2		2
Commercial Mortgages | California
Composition of Mortgages and other loans receivable
Weighted average loan-to-value ratio (as a percent)		54%		53%
Weighted average debt service coverage ratio		2.1		2.1
Commercial Mortgages | Geographic Concentration Risk | Interest on mortgage and other loans | New York
Composition of Mortgages and other loans receivable
Percentage of mortgage loans in geographic area		19%	20%
Commercial Mortgages | Geographic Concentration Risk | Interest on mortgage and other loans | California
Composition of Mortgages and other loans receivable
Percentage of mortgage loans in geographic area		10%	11%
Residential mortgages
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 6,627		$ 5,856
Loans on nonacrrual status		2		3
Accrued interest receivable		17		15
Life insurance policy loans
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		1,740		1,750
Commercial loans, other loans and notes receivable
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		4,469		4,567
Loans held for sale		$ 173		$ 170
[1] See Note 8

Lending Activities - Credit qua

Lending Activities - Credit quality of commercial mortgages (Details) $ in Millions	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 46,528	$ 45,166
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	353	6,278
2022	6,502	2,777
2021	2,918	1,932
2020	1,955	5,227
2019	5,276	4,682
Prior	16,688	12,097
Total	$ 33,692	$ 32,993
Weighted average debt service coverage ratio	1.9	1.9
Weighted average loan-to-value ratio (as a percent)	58%	59%
Commercial Mortgages | >90 days delinquent or in process of foreclosure(c)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 165	$ 167
Commercial Mortgages | Fortitude RE | >90 days delinquent or in process of foreclosure(c)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	157	156
Less than 65% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	321	5,270
2022	5,461	2,061
2021	2,210	1,515
2020	1,535	3,752
2019	3,795	2,666
Prior	12,215	9,205
Total	25,537	24,469
65% to 75% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	32	973
2022	1,006	435
2021	428	391
2020	269	1,425
2019	1,431	1,356
Prior	2,313	1,184
Total	5,479	5,764
76% to 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0	35
2022	35	43
2021	43	0
2020	0	0
2019	0	70
Prior	301	218
Total	379	366
Greater than 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0	0
2022	0	238
2021	237	26
2020	151	50
2019	50	590
Prior	1,859	1,490
Total	2,297	2,394
Greater than 1.2X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	307	5,382
2022	5,471	2,043
2021	2,061	1,521
2020	1,177	4,832
2019	4,918	3,505
Prior	13,530	9,948
Total	27,464	27,231
1.00 - 1.20X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	46	859
2022	993	734
2021	857	388
2020	755	343
2019	358	470
Prior	1,399	1,088
Total	4,408	3,882
Less than 1.00X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0	37
2022	38	0
2021	0	23
2020	23	52
2019	0	707
Prior	1,759	1,061
Total	$ 1,820	$ 1,880

Lending Activities - Credit q_2

Lending Activities - Credit quality performance indicators for commercial mortgages (Details) $ in Millions	Mar. 31, 2023 USD ($) loan	Dec. 31, 2022 USD ($) loan	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 46,528	$ 45,166
Allowance for credit losses	$ 659	$ 600	$ 488	$ 496
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	612	611
Total	$ 33,692	$ 32,993
Allowance for credit losses	$ 586	$ 531	$ 413	$ 423
Percent of Total	100%	100%
Percentage of total, allowance for credit losses	2%	2%
Commercial Mortgages | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	607	599
Total	$ 33,251	$ 32,344
Percent of Total	99%	98%
Commercial Mortgages | Restructured
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan		9
Total		$ 482
Percent of Total		1%
Commercial Mortgages | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	2	0
Total	$ 276	$ 0
Percent of Total	1%	0%
Commercial Mortgages | >90 days delinquent or in process of foreclosure(c)
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	3	3
Total	$ 165	$ 167
Percent of Total	0%	1%
Commercial Mortgages | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 13,620	$ 13,226
Allowance for credit losses	89	89
Commercial Mortgages | Apartments | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	13,344	13,226
Commercial Mortgages | Apartments | Restructured
Financing Receivable, Credit Quality Indicator [Line Items]
Total		0
Commercial Mortgages | Apartments | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	276	0
Commercial Mortgages | Apartments | >90 days delinquent or in process of foreclosure(c)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	0
Commercial Mortgages | Offices
Financing Receivable, Credit Quality Indicator [Line Items]
Total	8,779	8,966
Allowance for credit losses	348	294
Commercial Mortgages | Offices | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	8,614	8,470
Commercial Mortgages | Offices | Restructured
Financing Receivable, Credit Quality Indicator [Line Items]
Total		329
Commercial Mortgages | Offices | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	0
Commercial Mortgages | Offices | >90 days delinquent or in process of foreclosure(c)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	165	167
Commercial Mortgages | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,602	3,286
Allowance for credit losses	56	54
Commercial Mortgages | Retail | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,602	3,192
Commercial Mortgages | Retail | Restructured
Financing Receivable, Credit Quality Indicator [Line Items]
Total		94
Commercial Mortgages | Retail | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	0
Commercial Mortgages | Retail | >90 days delinquent or in process of foreclosure(c)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	0
Commercial Mortgages | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total	5,540	5,417
Allowance for credit losses	66	65
Commercial Mortgages | Industrial | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	5,540	5,417
Commercial Mortgages | Industrial | Restructured
Financing Receivable, Credit Quality Indicator [Line Items]
Total		0
Commercial Mortgages | Industrial | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	0
Commercial Mortgages | Industrial | >90 days delinquent or in process of foreclosure(c)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	0
Commercial Mortgages | Hotel
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,853	1,808
Allowance for credit losses	21	23
Commercial Mortgages | Hotel | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,853	1,749
Commercial Mortgages | Hotel | Restructured
Financing Receivable, Credit Quality Indicator [Line Items]
Total		59
Commercial Mortgages | Hotel | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	0
Commercial Mortgages | Hotel | >90 days delinquent or in process of foreclosure(c)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	0
Commercial Mortgages | Others
Financing Receivable, Credit Quality Indicator [Line Items]
Total	298	290
Allowance for credit losses	6	6
Commercial Mortgages | Others | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	298	290
Commercial Mortgages | Others | Restructured
Financing Receivable, Credit Quality Indicator [Line Items]
Total		0
Commercial Mortgages | Others | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	0
Commercial Mortgages | Others | >90 days delinquent or in process of foreclosure(c)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 0	$ 0

Lending Activities - Credit q_3

Lending Activities - Credit quality of residential mortgages (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 46,528	$ 45,166
Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	413	995
2022	1,251	2,935
2021	2,923	849
2020	848	322
2019	323	119
Prior	869	636
Total	6,627	5,856
780 and greater | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	70	294
2022	477	2,141
2021	2,326	652
2020	646	229
2019	233	76
Prior	511	437
Total	4,263	3,829
720 - 779 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	269	536
2022	523	711
2021	509	167
2020	168	75
2019	71	32
Prior	194	134
Total	1,734	1,655
660 - 719 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	72	163
2022	230	79
2021	81	28
2020	34	16
2019	16	9
Prior	94	47
Total	527	342
600 - 659 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2	2
2022	21	4
2021	6	2
2020	0	1
2019	2	2
Prior	47	13
Total	78	24
Less than 600 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0	0
2022	0	0
2021	1	0
2020	0	1
2019	1	0
Prior	23	5
Total	$ 25	$ 6

Lending Activities - Rollforwar

Lending Activities - Rollforward of the changes in the allowance for credit losses on Mortgage and other loans receivable (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Receivables [Abstract]
Loans modified in a troubled debt restructuring	$ 0	$ 77
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	600	496
Loans charged off	0	(5)
Net charge-offs	0	5
Addition to (release of) allowance for loan losses	59	(3)
Divestitures	0	0
Allowance, end of period	659	488
Off-balance-sheet commitments	54		$ 60
Commercial Mortgages
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	531	423
Loans charged off	0	(5)
Net charge-offs	0	5
Addition to (release of) allowance for loan losses	55	(5)
Divestitures	0	0
Allowance, end of period	586	413
Off-balance-sheet commitments	54	93
Other Loans
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	69	73
Loans charged off	0	0
Net charge-offs	0	0
Addition to (release of) allowance for loan losses	4	2
Divestitures	0	0
Allowance, end of period	$ 73	$ 75

Reinsurance - Summary of the co

Reinsurance - Summary of the composition of pool of assets (Details) - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022		Jan. 01, 2021
Effects of Reinsurance [Line Items]
Bonds available for sale	[1]	$ 159,061	$ 156,793
Fixed maturity securities - fair value option	[1]	4,103	3,769
Loans		46,528	45,166
Investment real estate		1,868	1,831
Short-term Investments	[1]	4,006	4,400
Derivative assets net, carrying value		690	299
Fair Value		3,369	3,252
Other assets			2,521	[1]	$ 3,824
Total assets		366,691	360,322		$ 422,435
Carrying Value
Effects of Reinsurance [Line Items]
Short-term Investments		2,466	3,043
Other assets		4	12
Private equity funds/hedge funds
Effects of Reinsurance [Line Items]
Private equity funds/hedge funds		8,037	8,014
Commercial Mortgages
Effects of Reinsurance [Line Items]
Loans		33,692	32,993
Policy loans
Effects of Reinsurance [Line Items]
Loans		1,740	1,750
Fortitude Holdings
Effects of Reinsurance [Line Items]
Derivative asset, fair value of collateral		276	189
Fortitude Holdings | Carrying Value
Effects of Reinsurance [Line Items]
Bonds available for sale		16,302	16,339
Fixed maturity securities - fair value option		3,745	3,485
Investment real estate		130	133
Short-term Investments		114	69
Funds withheld investment assets		26,061	25,764
Derivative assets net, carrying value		81	90
Other assets		514	731
Total assets		26,656	26,585
Fortitude Holdings | Fair Value
Effects of Reinsurance [Line Items]
Bonds available for sale		16,302	16,339
Fixed maturity securities - fair value option		3,745	3,485
Investment real estate		315	348
Short-term Investments		114	69
Funds withheld investment assets		26,038	25,730
Fair Value		81	90
Other assets		514	731
Total		26,633	26,551
Fortitude Holdings | Private equity funds/hedge funds | Carrying Value
Effects of Reinsurance [Line Items]
Private equity funds/hedge funds		1,900	1,893
Fortitude Holdings | Private equity funds/hedge funds | Fair Value
Effects of Reinsurance [Line Items]
Private equity funds/hedge funds		1,900	1,893
Fortitude Holdings | Commercial Mortgages | Carrying Value
Effects of Reinsurance [Line Items]
Loans		3,525	3,490
Fortitude Holdings | Commercial Mortgages | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		3,317	3,241
Fortitude Holdings | Policy loans | Carrying Value
Effects of Reinsurance [Line Items]
Loans		345	355
Fortitude Holdings | Policy loans | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		$ 345	$ 355
[1] See Note 8

Reinsurance - Summary of the im

Reinsurance - Summary of the impact of funds withheld (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	$ 2,695	$ 2,581
Net realized gains (losses) on Fortitude Re funds withheld assets	(1,458)	2,887
Income (loss) before income tax expense (benefit)	(669)	4,300
Income tax expense (benefit)	216	(859)
Net income	(453)	3,441
Comprehensive income (loss)	2,352	(6,818)
Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	394	278
Fortitude Holdings
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	394	278
Net realized gains (losses) on Fortitude Re funds withheld assets	(1,005)	2,714
Income (loss) before income tax expense (benefit)	(611)	2,992
Income tax expense (benefit)	128	(628)
Net income	(483)	2,364
Comprehensive income (loss)	(32)	88
Fortitude Holdings | Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net realized gains (losses) on Fortitude Re funds withheld assets	20	(123)
Fortitude Holdings | Fortitude Re funds withheld assets | Embedded derivatives
Effects of Reinsurance [Line Items]
Net realized gains (losses) on Fortitude Re funds withheld assets	(1,025)	2,837
Fortitude Holdings | Other investments
Effects of Reinsurance [Line Items]
Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available for sale*	$ 451	$ (2,276)

Reinsurance - Narrative (Detail

Reinsurance - Narrative (Details) $ in Billions	Mar. 31, 2023 USD ($)
Insurance [Abstract]
Reinsurance recoverables	$ 29.9

Reinsurance - Rollforward of th

Reinsurance - Rollforward of the reinsurance recoverable allowance for credit losses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Reinsurance Recoverable, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 84	$ 101
Current period provision for expected credit losses and disputes	(10)	4
Write-offs charged against the allowance for credit losses and disputes	0	0
Other changes	0	0
Balance, end of period	$ 74	$ 105

Reinsurance - Rollforward of _2

Reinsurance - Rollforward of the reinsurable allowance for credit losses before adoption (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance	$ 74	$ 84	$ 105	$ 101	$ 3,155
Fortitude RE
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					36,824
As Previously Reported
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					2,722
As Previously Reported | Fortitude RE
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					29,158
Effect Of Application Of Accounting Standards Update 2018-12, Reclassification To Cost Of Reinsurance
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					416
Reclassification to Market risk benefits
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					(35)
Change in cash flow assumptions and effect of net premiums exceeding gross premiums
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					(52)
Change in cash flow assumptions and effect of net premiums exceeding gross premiums | Fortitude RE
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					55
Change due to the current upper-medium grade discount rate
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					104
Change due to the current upper-medium grade discount rate | Fortitude RE
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					7,611
Individual Retirement
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					274
Individual Retirement | As Previously Reported
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					309
Individual Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification To Cost Of Reinsurance
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					0
Individual Retirement | Reclassification to Market risk benefits
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					(35)
Individual Retirement | Change in cash flow assumptions and effect of net premiums exceeding gross premiums
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					0
Individual Retirement | Change due to the current upper-medium grade discount rate
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					0
Life Insurance
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					2,833
Life Insurance | As Previously Reported
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					2,370
Life Insurance | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification To Cost Of Reinsurance
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					416
Life Insurance | Reclassification to Market risk benefits
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					0
Life Insurance | Change in cash flow assumptions and effect of net premiums exceeding gross premiums
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					(52)
Life Insurance | Change due to the current upper-medium grade discount rate
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					99
Institutional Markets
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					48
Institutional Markets | As Previously Reported
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					43
Institutional Markets | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification To Cost Of Reinsurance
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					0
Institutional Markets | Reclassification to Market risk benefits
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					0
Institutional Markets | Change in cash flow assumptions and effect of net premiums exceeding gross premiums
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					0
Institutional Markets | Change due to the current upper-medium grade discount rate
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					$ 5

Variable Interest Entities - Co

Variable Interest Entities - Consolidated VIEs (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023		Dec. 31, 2022		Mar. 31, 2022	Jan. 01, 2021
Assets:
Bonds available for sale	[1]	$ 159,061		$ 156,793
Other bond securities	[1]	4,103		3,769
Equity securities	[1]	191		170
Mortgage and other loans receivable	[1]	45,869		44,566
Investment real estate		1,868		1,831
Short-term Investments	[1]	4,006		4,400
Cash		465	[1]	552	[1]	$ 583
Accrued investment income	[1]	1,923		1,813
Other assets				2,521	[1]		$ 3,824
Total assets		366,691		360,322			422,435
Liabilities:
Total liabilities		354,226		350,003			$ 383,760
Real Estate and Investment Entities | Internal Parties
Liabilities:
Off-balance sheet exposure associated with VIEs		2,000		2,100
Real Estate and Investment Entities | External Entities
Liabilities:
Off-balance sheet exposure associated with VIEs		500		600
Consolidated VIE
Assets:
Bonds available for sale		119		3,571
Other bond securities		0		0
Equity securities		40		51
Mortgage and other loans receivable		2,034		2,088
Alternative investments		2,840		2,842
Investment real estate		1,766		1,731
Short-term Investments		197		456
Cash		96		71
Accrued investment income		5		7
Other assets		133		170
Total assets		7,230		10,987
Liabilities:
Long-term debt		2,685		5,958
Other liabilities		97		132
Total liabilities		2,782		6,090
Consolidated VIE | Real Estate and Investment Entities
Assets:
Bonds available for sale		0		0
Other bond securities		0		0
Equity securities		40		51
Mortgage and other loans receivable		0		0
Alternative investments		2,840		2,842
Investment real estate		1,766		1,731
Short-term Investments		190		191
Cash		96		71
Accrued investment income		0		0
Other assets		133		102
Total assets		5,065		4,988
Liabilities:
Long-term debt		1,363		1,382
Other liabilities		97		85
Total liabilities		1,460		1,467
Consolidated VIE | Securitization Vehicles
Assets:
Bonds available for sale		119		3,571
Other bond securities		0		0
Equity securities		0		0
Mortgage and other loans receivable		2,034		2,088
Alternative investments		0		0
Investment real estate		0		0
Short-term Investments		7		265
Cash		0		0
Accrued investment income		5		7
Other assets		0		68
Total assets		2,165		5,999
Liabilities:
Long-term debt		1,322		4,576
Other liabilities		0		47
Total liabilities		1,322		4,623
Corebridge Entities | Real Estate and Investment Entities | Internal Parties
Liabilities:
Off-balance sheet exposure associated with VIEs		1,400		1,400
AIG Affiliates | Real Estate and Investment Entities | Internal Parties
Liabilities:
Off-balance sheet exposure associated with VIEs		700		700
Unconsolidated VIE
Assets:
Total assets		376,688		376,055
Liabilities:
Off-balance sheet exposure associated with VIEs		2,832		$ 2,784
Unconsolidated VIE | Securitization Vehicles
Assets:
Total assets		3,600
Liabilities:
Total liabilities		3,200
Deconsolidation, Gain (Loss), Amount		$ 3
[1] See Note 8

Variable Interest Entities - In

Variable Interest Entities - Interests in Consolidated VIEs in the Consolidated Income Statements (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
VARIABLE INTEREST ENTITY
Total revenue	$ 4,262	$ 7,240
Net income (loss) attributable to noncontrolling interests	6	75
Net income (loss) attributable to Corebridge	(459)	3,366
Consolidated VIE
VARIABLE INTEREST ENTITY
Total revenue	112	262
Net income (loss) attributable to noncontrolling interests	6	75
Net income (loss) attributable to Corebridge	78	145
Consolidated VIE | Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total revenue	53	200
Net income (loss) attributable to noncontrolling interests	6	75
Net income (loss) attributable to Corebridge	33	114
Consolidated VIE | Securitization And Repackaging And Vehicles
VARIABLE INTEREST ENTITY
Total revenue	59	62
Net income (loss) attributable to noncontrolling interests	0	0
Net income (loss) attributable to Corebridge	$ 45	$ 31

Variable Interest Entities - Un

Variable Interest Entities - Unconsolidated VIEs (Details) - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022	Jan. 01, 2021
VARIABLE INTEREST ENTITY
Total VIE Assets		$ 366,691	$ 360,322	$ 422,435
Other investments	[1]	10,496	10,418
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets		376,688	376,055
Maximum Exposure to Loss, On-Balance Sheet		5,649	5,575
Maximum Exposure to Loss, Off-Balance Sheet		2,832	2,784
Total		8,481	8,359
Other investments		5,600	5,600
Unconsolidated VIE | Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total VIE Assets		376,688	376,055
Maximum Exposure to Loss, On-Balance Sheet		5,649	5,575
Maximum Exposure to Loss, Off-Balance Sheet		2,832	2,784
Total		$ 8,481	$ 8,359
[1] See Note 8

Variable Interest Entities - Na

Variable Interest Entities - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Jan. 01, 2021
VARIABLE INTEREST ENTITY
Total VIE Assets	$ 366,691	$ 360,322	$ 422,435
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets	376,688	376,055
Off-balance sheet exposure associated with VIEs	2,832	2,784
Unconsolidated VIE | Other Investment Companies
VARIABLE INTEREST ENTITY
Total VIE Assets	3,000	3,200
Off-balance sheet exposure associated with VIEs	$ 2,200	$ 1,500

Derivatives and Hedge Account_3

Derivatives and Hedge Accounting - Notional amounts and fair values of derivative instruments (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Gross Derivative Assets
Notional Amount	$ 102,373	$ 109,145
Fair Value	3,369	3,252
Counterparty netting	(2,303)	(2,547)
Cash Collateral	(376)	(406)
Total derivative assets	690	299
Gross Derivative Liabilities
Notional Amount	52,802	43,388
Fair Value	2,504	3,335
Counterparty netting	(2,303)	(2,547)
Cash Collateral	(42)	(691)
Total derivative liabilities on consolidated balance sheet	159	97
Bifurcated embedded derivatives assets, fair value	0
Bifurcated embedded derivative liabilities, fair value	$ 7,900	$ 6,700
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Derivatives designated as hedging instruments | Interest rate contracts
Gross Derivative Assets
Notional Amount	$ 575	$ 155
Fair Value	225	202
Gross Derivative Liabilities
Notional Amount	762	1,798
Fair Value	14	77
Derivatives designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	1,766	3,535
Fair Value	241	575
Gross Derivative Liabilities
Notional Amount	1,199	3,354
Fair Value	23	176
Derivatives not designated as hedging instruments | Interest rate contracts
Gross Derivative Assets
Notional Amount	19,292	27,656
Fair Value	1,224	1,371
Gross Derivative Liabilities
Notional Amount	34,211	21,553
Fair Value	2,073	2,599
Derivatives not designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	8,850	4,630
Fair Value	989	672
Gross Derivative Liabilities
Notional Amount	7,845	6,673
Fair Value	333	456
Derivatives not designated as hedging instruments | Equity contracts
Gross Derivative Assets
Notional Amount	25,238	26,041
Fair Value	676	417
Gross Derivative Liabilities
Notional Amount	8,785	9,962
Fair Value	61	27
Derivatives not designated as hedging instruments | Other contracts
Gross Derivative Assets
Notional Amount	46,652	47,128
Fair Value	14	15
Gross Derivative Liabilities
Notional Amount	0	48
Fair Value	$ 0	$ 0

Derivatives and Hedge Account_4

Derivatives and Hedge Accounting - Notional Amounts of Derivatives with Related Parties and Third Parties (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Gross Derivative Assets
Notional Amount	$ 102,373	$ 109,145
Fair Value	3,369	3,252
Gross Derivative Liabilities
Notional Amount	52,802	43,388
Fair Value	2,504	3,335
Total derivatives with related parties
Gross Derivative Assets
Notional Amount	48,001	60,633
Fair Value	3,074	3,177
Gross Derivative Liabilities
Notional Amount	47,768	42,109
Fair Value	2,268	3,154
Total derivatives with third parties
Gross Derivative Assets
Notional Amount	54,372	48,512
Fair Value	295	75
Gross Derivative Liabilities
Notional Amount	5,034	1,279
Fair Value	$ 236	$ 181

Derivatives and Hedge Account_5

Derivatives and Hedge Accounting - Balance sheet location (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Fixed maturity securities
Derivative [Line Items]
Carrying amount of hedged assets	$ 6,201	$ 6,520
Commercial mortgage and other loans
Derivative [Line Items]
Carrying amount of hedged assets	0	0
Policyholder contract deposits(b)
Derivative [Line Items]
Carrying amount of hedged liabilities	(2,818)	(2,218)
Cumulative effect of change in accounting principle | Fixed maturity securities
Derivative [Line Items]
Carrying amount of hedged assets	0	0
Cumulative effect of change in accounting principle | Commercial mortgage and other loans
Derivative [Line Items]
Carrying amount of hedged assets	(25)	(25)
Cumulative effect of change in accounting principle | Policyholder contract deposits(b)
Derivative [Line Items]
Carrying amount of hedged liabilities	$ 18	$ (68)

Derivatives and Hedge Account_6

Derivatives and Hedge Accounting - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships			$ 223
Reclassification into interest expense	$ 7		21
Amounts to be reclassified in the next 30 years	195
Amounts to be reclassified in the next twelve months	28
Fair value of hybrid securities			0
Par value of hybrid securities	25		25
Currency Swap
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	(1)	$ 2
Third Parties
Credit derivatives:
Collateral posted	254		255
Collateral obtained from third parties for derivative transactions	214		40
Total derivatives with related parties
Credit derivatives:
Collateral posted	855		1,500
Collateral obtained from third parties for derivative transactions	$ 338		$ 380

Derivatives and Hedge Account_7

Derivatives and Hedge Accounting - Fair value hedging relationships (Details) - Derivatives designated as hedging instruments - Fair value hedging - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Interest rate contracts | Net Realized and Unrealized Gains (Losses)
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	$ 0	$ 0
Gains/(losses) recognized in earnings for excluded components	0	0
Gain (losses) recognized in earnings on hedged items	0	0
Net Impact	0	0
Interest rate contracts | Interest credited to policyholder account balances
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	86	(57)
Gains/(losses) recognized in earnings for excluded components	0	0
Gain (losses) recognized in earnings on hedged items	(88)	59
Net Impact	(2)	2
Interest rate contracts | Net investment income
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	0	1
Gains/(losses) recognized in earnings for excluded components	0	0
Gain (losses) recognized in earnings on hedged items	0	(1)
Net Impact	0	0
Foreign exchange contracts
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	(83)	147
Gains/(losses) recognized in earnings for excluded components	79	8
Gain (losses) recognized in earnings on hedged items	83	(147)
Net Impact	$ 79	$ 8

Derivatives and Hedge Account_8

Derivatives and Hedge Accounting - Derivatives not designated as hedging instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Fortitude Re funds withheld assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ 43	$ (52)
Excluding Fortitude Re funds withheld embedded derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(1,025)	2,837
Derivatives not designated as hedging instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(1,488)	2,730
Derivatives not designated as hedging instruments | AIG
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	6	(1,000)
Derivatives not designated as hedging instruments | Excluding Fortitude Re Funds Withheld Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(414)	407
Derivatives not designated as hedging instruments | Policy fees
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	16	15
Derivatives not designated as hedging instruments | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(2)	(4)
Derivatives not designated as hedging instruments | Policyholder benefits and claims incurred
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	3	(7)
Derivatives not designated as hedging instruments | Change in the fair value of market risk benefits
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(109)	(466)
Derivatives not designated as hedging instruments | Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	32	(814)
Derivatives not designated as hedging instruments | Foreign exchange contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(67)	226
Derivatives not designated as hedging instruments | Equity contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	83	(196)
Derivatives not designated as hedging instruments | Credit contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	0	(1)
Derivatives not designated as hedging instruments | Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(127)	17
Derivatives not designated as hedging instruments | Embedded derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(384)	661
Derivatives not designated as hedging instruments | Embedded derivatives | Excluding Fortitude Re funds withheld embedded derivative | Fortitude RE
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (1,025)	$ 2,837

Deferred Policy Acquisition C_3

Deferred Policy Acquisition Costs - Rollforward of LDTI, VOBA, and DSI Adoption Adjustments (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost					$ 681
As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost					285
Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost					396
Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost					476
Individual Retirement | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost					194
Individual Retirement | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost					282
Group Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost					205
Group Retirement | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost					91
Group Retirement | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost					114
Long-Duration Insurance Contracts
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	$ 10,551	$ 10,472	$ 10,486	$ 10,485	10,375
Long-Duration Insurance Contracts | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					7,241
Long-Duration Insurance Contracts | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					3,134
Long-Duration Insurance Contracts | Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	4,693	4,643	4,628	4,604	4,476
Long-Duration Insurance Contracts | Individual Retirement | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					2,426
Long-Duration Insurance Contracts | Individual Retirement | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					2,050
Long-Duration Insurance Contracts | Group Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	1,060	1,060	1,073	1,078	1,093
Long-Duration Insurance Contracts | Group Retirement | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					560
Long-Duration Insurance Contracts | Group Retirement | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					533
Long-Duration Insurance Contracts | Life Insurance
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	4,745	4,718	4,746	4,765	4,773
Long-Duration Insurance Contracts | Life Insurance | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					4,229
Long-Duration Insurance Contracts | Life Insurance | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					544
Long-Duration Insurance Contracts | Institutional Markets
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	53	51	39	38	33
Long-Duration Insurance Contracts | Institutional Markets | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					26
Long-Duration Insurance Contracts | Institutional Markets | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					7
Value Of Business Acquired
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	90	91	108	113
Value Of Business Acquired | Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	1	3	2	3	3
Value Of Business Acquired | Individual Retirement | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					3
Value Of Business Acquired | Individual Retirement | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					0
Value Of Business Acquired | Group Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	1	1	1	1	1
Value Of Business Acquired | Group Retirement | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					1
Value Of Business Acquired | Group Retirement | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					0
Value Of Business Acquired | Life Insurance
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	$ 88	$ 87	$ 105	$ 109	121
Value Of Business Acquired | Life Insurance | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					118
Value Of Business Acquired | Life Insurance | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					3
Value Of Business Acquired | Institutional Markets
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					125
Value Of Business Acquired | Institutional Markets | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					122
Value Of Business Acquired | Institutional Markets | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost					$ 3

Deferred Policy Acquisition C_4

Deferred Policy Acquisition Costs - Rollforward of LDTI (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Jan. 01, 2021
Summary of Significant Accounting Policies [Line Items]
Deferred policy acquisition costs and value of business acquired	$ 10,641		$ 10,563	$ 10,500
Long-Duration Insurance Contracts
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	10,472	$ 10,485
Capitalizations	319	260
Amortization expense	(253)	(240)
Other, including foreign exchange	13	(19)
Balance, end of year	10,551	10,486
Deferred policy acquisition costs and value of business acquired	10,641	10,594
Value Of Business Acquired
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	91	113
Balance, end of year	90	108
Individual Retirement | Long-Duration Insurance Contracts
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	4,643	4,604
Capitalizations	187	143
Amortization expense	(137)	(119)
Other, including foreign exchange	0	0
Balance, end of year	4,693	4,628
Value of Business Acquired	1
Deferred policy acquisition costs and value of business acquired	4,694	4,630
Individual Retirement | Value Of Business Acquired
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	3	3
Balance, end of year	1	2
Group Retirement | Long-Duration Insurance Contracts
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	1,060	1,078
Capitalizations	21	14
Amortization expense	(21)	(19)
Other, including foreign exchange	0	0
Balance, end of year	1,060	1,073
Deferred policy acquisition costs and value of business acquired	1,061	1,074
Group Retirement | Value Of Business Acquired
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	1	1
Balance, end of year	1	1
Life Insurance | Long-Duration Insurance Contracts
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	4,718	4,765
Capitalizations	107	100
Amortization expense	(93)	(101)
Other, including foreign exchange	13	(18)
Balance, end of year	4,745	4,746
Deferred policy acquisition costs and value of business acquired	4,833	4,851
Life Insurance | Value Of Business Acquired
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	87	109
Balance, end of year	88	105
Institutional Markets | Long-Duration Insurance Contracts
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	51	38
Capitalizations	4	3
Amortization expense	(2)	(1)
Other, including foreign exchange	0	(1)
Balance, end of year	53	39
Value of Business Acquired	0
Deferred policy acquisition costs and value of business acquired	$ 53	39
Institutional Markets | Value Of Business Acquired
Summary of Significant Accounting Policies [Line Items]
Value of Business Acquired		$ 0

Deferred Policy Acquisition C_5

Deferred Policy Acquisition Costs - Rollforward of VOBA (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Value Of Business Acquired
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	$ 91	$ 113
Amortization expense	(3)	(3)
Other, including foreign exchange	(2)	2
Balance, end of year	90	108
Value Of Business Acquired | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	3	3
Amortization expense	0	0
Other, including foreign exchange	2	1
Balance, end of year	1	2
Value Of Business Acquired | Group Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	1	1
Amortization expense	0	0
Other, including foreign exchange	0	0
Balance, end of year	1	1
Value Of Business Acquired | Life Insurance
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	87	109
Amortization expense	(3)	(3)
Other, including foreign exchange	(4)	1
Balance, end of year	88	105
Long-Duration Insurance Contracts
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	10,472	10,485
Balance, end of year	10,551	10,486
Long-Duration Insurance Contracts | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,643	4,604
Balance, end of year	4,693	4,628
Long-Duration Insurance Contracts | Group Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	1,060	1,078
Balance, end of year	1,060	1,073
Long-Duration Insurance Contracts | Life Insurance
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,718	4,765
Balance, end of year	$ 4,745	$ 4,746

Deferred Policy Acquisition C_6

Deferred Policy Acquisition Costs - Rollforward of DSI (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023		Mar. 31, 2022	Dec. 31, 2022		Jan. 01, 2021
Summary of Significant Accounting Policies [Line Items]
Deferred policy acquisition costs and value of business acquired	$ 10,641			$ 10,563		$ 10,500
Other assets				$ 2,521	[1]	$ 3,824
Deferred Sale Inducements
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	558		$ 619
Capitalization	2		2
Amortization expense	(17)		(17)
Balance, end of period	543		604
Deferred policy acquisition costs and value of business acquired	2,688	[1]	2,696
Deferred acquisition cost	2,145		2,092
Deferred Sale Inducements | Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	381		428
Capitalization	2		2
Amortization expense	(14)		(13)
Balance, end of period	369		417
Deferred Sale Inducements | Group Retirement
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	177		191
Capitalization	0		0
Amortization expense	(3)		(4)
Balance, end of period	$ 174		$ 187
[1] See Note 8

Insurance Liabilities - Future

Insurance Liabilities - Future policy benefits (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	$ 58,576	$ 55,506	$ 63,435	$ 70,643	$ 56,371
Effect of changes in cash flow assumptions		0		0
Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					1,769
Adjustments for the reclassification from/(to) the liability for the future policy benefits					1,698
Unexpired Risk Reserve
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					1,795
Adjustments for the reclassification from/(to) the liability for the future policy benefits					248
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	1,296	1,223	1,287	1,373	1,323
Effect of changes in cash flow assumptions		0		0
Individual Retirement | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					67
Adjustments for the reclassification from/(to) the liability for the future policy benefits					65
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	213	211	241	264	279
Effect of changes in cash flow assumptions		0		0
Group Retirement | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					8
Adjustments for the reclassification from/(to) the liability for the future policy benefits					8
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	21,892	21,179	24,826	27,442	14,126
Effect of changes in cash flow assumptions		0		0
Life Insurance | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					5
Adjustments for the reclassification from/(to) the liability for the future policy benefits					0
Life Insurance | Unexpired Risk Reserve
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					1,661
Adjustments for the reclassification from/(to) the liability for the future policy benefits					248
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	14,277	12,464	12,502	13,890	11,630
Effect of changes in cash flow assumptions		0		0
Institutional Markets | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					830
Adjustments for the reclassification from/(to) the liability for the future policy benefits					766
Institutional Markets | Unexpired Risk Reserve
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					2
Adjustments for the reclassification from/(to) the liability for the future policy benefits					0
Corporate & Other
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	$ 20,898	20,429	$ 24,579	27,674	29,013
Effect of changes in cash flow assumptions		$ 0		$ 0
Corporate & Other | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					859
Adjustments for the reclassification from/(to) the liability for the future policy benefits					859
Corporate & Other | Unexpired Risk Reserve
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					132
Adjustments for the reclassification from/(to) the liability for the future policy benefits					0
As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					45,955
As Previously Reported | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					71
As Previously Reported | Unexpired Risk Reserve
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					1,547
As Previously Reported | Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					1,309
As Previously Reported | Individual Retirement | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					2
As Previously Reported | Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					282
As Previously Reported | Group Retirement | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					0
As Previously Reported | Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					11,129
As Previously Reported | Life Insurance | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					5
As Previously Reported | Life Insurance | Unexpired Risk Reserve
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					1,413
As Previously Reported | Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					11,029
As Previously Reported | Institutional Markets | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					64
As Previously Reported | Institutional Markets | Unexpired Risk Reserve
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					2
As Previously Reported | Corporate & Other
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					22,206
As Previously Reported | Corporate & Other | Long-Duration Insurance Contracts
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					0
As Previously Reported | Corporate & Other | Unexpired Risk Reserve
Liability for Future Policy Benefit, Activity [Line Items]
Deferred profit liability					132
Adjustments for the reclassification to the deferred profit liability
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(1,698)
Adjustments for the reclassification to the deferred profit liability | Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(65)
Adjustments for the reclassification to the deferred profit liability | Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(8)
Adjustments for the reclassification to the deferred profit liability | Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					0
Adjustments for the reclassification to the deferred profit liability | Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(766)
Adjustments for the reclassification to the deferred profit liability | Corporate & Other
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(859)
Change in cash flow assumptions and effect of net premiums exceeding gross premiums
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					63
Change in cash flow assumptions and effect of net premiums exceeding gross premiums | Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(14)
Change in cash flow assumptions and effect of net premiums exceeding gross premiums | Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					2
Change in cash flow assumptions and effect of net premiums exceeding gross premiums | Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					16
Change in cash flow assumptions and effect of net premiums exceeding gross premiums | Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					4
Change in cash flow assumptions and effect of net premiums exceeding gross premiums | Corporate & Other
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					55
Effect of the remeasurement of the liability at a current single A rate
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					12,462
Effect of the remeasurement of the liability at a current single A rate | Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					156
Effect of the remeasurement of the liability at a current single A rate | Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					63
Effect of the remeasurement of the liability at a current single A rate | Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					2,977
Effect of the remeasurement of the liability at a current single A rate | Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					1,655
Effect of the remeasurement of the liability at a current single A rate | Corporate & Other
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					7,611
Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(411)
Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other | Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(63)
Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other | Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(60)
Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other | Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					4
Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other | Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					(292)
Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other | Corporate & Other
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					$ 0

Insurance Liabilities - Balance

Insurance Liabilities - Balances of changes in liability for future policy benefits (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	$ 12,645	$ 15,643
Effect of changes in discount rate assumptions (AOCI)	1,938	(856)
Beginning balance at original discount rate	14,583	14,787
Effect of changes in cash flow assumptions			$ 0	$ 0
Effect of actual variances from expected experience			16	31
Adjusted beginning of year balance	14,599	14,818
Issuances	328	379
Interest accrual	118	113
Net premium collected	(389)	(389)
Foreign exchange impact	96	(140)
Other	3	0
Ending balance at original discount rate	14,755	14,781
Effect of changes in discount rate assumptions (AOCI)	(1,696)	(284)
Balance, end of period	13,059	14,497
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	55,506	70,643
Effect of changes in discount rate assumptions (AOCI)	7,310	(9,401)
Beginning balance at original discount rate	62,816	61,242
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			17	22
Adjusted beginning of year balance	62,833	61,264
Issuances	1,843	655
Interest accrual	635	601
Benefit payments	(1,122)	(1,139)
Foreign exchange impact	402	(271)
Other	(2)	0
Ending balance at original discount rate	64,589	61,110
Effect of changes in discount rate assumptions (AOCI)	(6,013)	2,325
Balance, end of period	58,576	63,435
Net liability for future policy benefits, end of period	45,517	48,938
Liability for future policy benefits for certain participating contracts	1,340	1,386
Liability for universal life policies with secondary guarantees and similar features	3,512	4,223
Deferred profit liability	2,395	2,232
Other reconciling items	642	636
Future policy benefits for life and accident and health insurance contracts	53,406	57,415	50,518		$ 65,182
Less: Reinsurance recoverable:	23,491	27,403
Net liability for future policy benefits after reinsurance recoverable	29,915	$ 30,012
Weighted average liability duration of the liability for future policy benefits (in years)
Individual Retirement
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	0	$ 0
Effect of changes in discount rate assumptions (AOCI)	0	0
Beginning balance at original discount rate	0	0
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			1	0
Adjusted beginning of year balance	1	0
Issuances	6	4
Interest accrual	0	0
Net premium collected	(7)	(4)
Foreign exchange impact	0	0
Other	0	0
Ending balance at original discount rate	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0
Balance, end of period	0	0
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	1,223	1,373
Effect of changes in discount rate assumptions (AOCI)	167	(95)
Beginning balance at original discount rate	1,390	1,278
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			(3)	1
Adjusted beginning of year balance	1,387	1,279
Issuances	70	50
Interest accrual	12	10
Benefit payments	(32)	(28)
Foreign exchange impact	0	0
Other	0	0
Ending balance at original discount rate	1,437	1,311
Effect of changes in discount rate assumptions (AOCI)	(141)	(24)
Balance, end of period	1,296	1,287
Net liability for future policy benefits, end of period	1,296	1,287
Liability for future policy benefits for certain participating contracts		0
Liability for universal life policies with secondary guarantees and similar features	0	0
Deferred profit liability	83	81
Other reconciling items	39	29
Future policy benefits for life and accident and health insurance contracts	1,418	1,397
Less: Reinsurance recoverable:	4	4
Net liability for future policy benefits after reinsurance recoverable	$ 1,414	$ 1,393
Weighted average liability duration of the liability for future policy benefits (in years)	7 years 8 months 12 days	8 years 1 month 6 days
Group Retirement
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	$ 0	$ 0
Effect of changes in discount rate assumptions (AOCI)	0	0
Beginning balance at original discount rate	0	0
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			0	0
Adjusted beginning of year balance	0	0
Issuances	0	0
Interest accrual	0	0
Net premium collected	0	0
Foreign exchange impact	0	0
Other	0	0
Ending balance at original discount rate	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0
Balance, end of period	0	0
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	211	264
Effect of changes in discount rate assumptions (AOCI)	2	(46)
Beginning balance at original discount rate	213	218
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			(1)	(2)
Adjusted beginning of year balance	212	216
Issuances	2	5
Interest accrual	3	3
Benefit payments	(7)	(8)
Foreign exchange impact	0	0
Other	0	0
Ending balance at original discount rate	210	216
Effect of changes in discount rate assumptions (AOCI)	3	25
Balance, end of period	213	241
Net liability for future policy benefits, end of period	213	241
Liability for future policy benefits for certain participating contracts		0
Liability for universal life policies with secondary guarantees and similar features	0	0
Deferred profit liability	10	11
Other reconciling items	3	0
Future policy benefits for life and accident and health insurance contracts	226	252
Less: Reinsurance recoverable:	0	0
Net liability for future policy benefits after reinsurance recoverable	$ 226	$ 252
Weighted average liability duration of the liability for future policy benefits (in years)	7 years 1 month 6 days	7 years 4 months 24 days
Life Insurance
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	$ 11,654	$ 14,369
Effect of changes in discount rate assumptions (AOCI)	1,872	(706)
Beginning balance at original discount rate	13,526	13,663
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			12	29
Adjusted beginning of year balance	13,538	13,692
Issuances	322	375
Interest accrual	106	100
Net premium collected	(352)	(355)
Foreign exchange impact	96	(140)
Other	3	0
Ending balance at original discount rate	13,713	13,672
Effect of changes in discount rate assumptions (AOCI)	(1,648)	(339)
Balance, end of period	12,065	13,333
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	21,179	27,442
Effect of changes in discount rate assumptions (AOCI)	3,424	(2,717)
Beginning balance at original discount rate	24,603	24,725
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			26	38
Adjusted beginning of year balance	24,629	24,763
Issuances	318	374
Interest accrual	224	221
Benefit payments	(476)	(523)
Foreign exchange impact	277	(178)
Other	1	(1)
Ending balance at original discount rate	24,973	24,656
Effect of changes in discount rate assumptions (AOCI)	(3,081)	170
Balance, end of period	21,892	24,826
Net liability for future policy benefits, end of period	9,827	11,493
Liability for future policy benefits for certain participating contracts	14	15
Liability for universal life policies with secondary guarantees and similar features	3,457	4,168
Deferred profit liability	16	11
Other reconciling items	493	497
Future policy benefits for life and accident and health insurance contracts	13,807	16,184
Less: Reinsurance recoverable:	1,187	1,492
Net liability for future policy benefits after reinsurance recoverable	$ 12,620	$ 14,692
Weighted average liability duration of the liability for future policy benefits (in years)	12 years 4 months 24 days	13 years 7 months 6 days
Institutional Markets
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	$ 0	$ 0
Effect of changes in discount rate assumptions (AOCI)	0	0
Beginning balance at original discount rate	0	0
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			0	0
Adjusted beginning of year balance	0	0
Issuances	0	0
Interest accrual	0	0
Net premium collected	0	0
Foreign exchange impact	0	0
Other	0	0
Ending balance at original discount rate	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0
Balance, end of period	0	0
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	12,464	13,890
Effect of changes in discount rate assumptions (AOCI)	2,634	(870)
Beginning balance at original discount rate	15,098	13,020
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			(5)	(5)
Adjusted beginning of year balance	15,093	13,015
Issuances	1,450	223
Interest accrual	139	105
Benefit payments	(228)	(198)
Foreign exchange impact	125	(93)
Other	0	1
Ending balance at original discount rate	16,579	13,053
Effect of changes in discount rate assumptions (AOCI)	(2,302)	(551)
Balance, end of period	14,277	12,502
Net liability for future policy benefits, end of period	14,277	12,502
Liability for future policy benefits for certain participating contracts
Liability for universal life policies with secondary guarantees and similar features	0	0
Deferred profit liability	1,415	1,216
Other reconciling items	0	0
Future policy benefits for life and accident and health insurance contracts	15,692	13,718
Less: Reinsurance recoverable:	37	43
Net liability for future policy benefits after reinsurance recoverable	$ 15,655	$ 13,675
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 6 months	12 years 1 month 6 days
Corporate & Other
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	$ 991	$ 1,274
Effect of changes in discount rate assumptions (AOCI)	66	(150)
Beginning balance at original discount rate	1,057	1,124
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			3	2
Adjusted beginning of year balance	1,060	1,126
Issuances	0	0
Interest accrual	12	13
Net premium collected	(30)	(30)
Foreign exchange impact	0	0
Other	0	0
Ending balance at original discount rate	1,042	1,109
Effect of changes in discount rate assumptions (AOCI)	(48)	55
Balance, end of period	994	1,164
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	20,429	27,674
Effect of changes in discount rate assumptions (AOCI)	1,083	(5,673)
Beginning balance at original discount rate	21,512	22,001
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			$ 0	$ (10)
Adjusted beginning of year balance	21,512	21,991
Issuances	3	3
Interest accrual	257	262
Benefit payments	(379)	(382)
Foreign exchange impact	0	0
Other	(3)	0
Ending balance at original discount rate	21,390	21,874
Effect of changes in discount rate assumptions (AOCI)	(492)	2,705
Balance, end of period	20,898	24,579
Net liability for future policy benefits, end of period	19,904	23,415
Liability for future policy benefits for certain participating contracts	1,326	1,371
Liability for universal life policies with secondary guarantees and similar features	55	55
Deferred profit liability	871	913
Other reconciling items	107	110
Future policy benefits for life and accident and health insurance contracts	22,263	25,864
Less: Reinsurance recoverable:	22,263	25,864
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 0
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 7 months 6 days	12 years 9 months 18 days

Insurance Liabilities - Narrati

Insurance Liabilities - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Term Life Insurance
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Increase in reserves	$ 25	$ 14

Insurance Liabilities - Expecte

Insurance Liabilities - Expected future benefits, expenses, and gross premiums (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Expected future benefits and expense	$ 2,048	$ 1,757
Expected future gross premiums	0	0
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Expected future benefits and expense	317	317
Expected future gross premiums	0	0
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Expected future benefits and expense	39,028	38,739
Expected future gross premiums	28,964	29,125
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Expected future benefits and expense	29,029	20,824
Expected future gross premiums	0	0
Corporate and Other *
Liability for Future Policy Benefit, Activity [Line Items]
Expected future benefits and expense	44,148	45,468
Expected future gross premiums	$ 2,225	$ 2,389

Insurance Liabilities - Income

Insurance Liabilities - Income statement information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	$ 2,291	$ 941
Interest accretion	517	488
Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	309	302
Interest accretion	29	35
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	75	51
Interest accretion	12	10
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	6	8
Interest accretion	3	3
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	575	582
Interest accretion	118	121
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	299	292
Interest accretion	28	34
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	1,581	244
Interest accretion	139	105
Corporate & Other
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	54	56
Interest accretion	245	249
Corporate & Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	10	10
Interest accretion	$ 1	$ 1

Insurance Liabilities - Weighte

Insurance Liabilities - Weighted-average interest rates (Details)	Mar. 31, 2023	Mar. 31, 2022
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	3.65%	3.04%
Weighted-average interest rate, current discount rate	5.33%	3.72%
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	5.19%	4.70%
Weighted-average interest rate, current discount rate	4.91%	3.68%
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.11%	4.12%
Weighted-average interest rate, current discount rate	5.08%	3.72%
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	3.76%	3.75%
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	3.76%	3.23%
Weighted-average interest rate, current discount rate	5.04%	3.59%
Corporate & Other
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.88%	4.80%
Weighted-average interest rate, current discount rate	5.10%	3.92%
Corporate & Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	4.24%	4.20%

Insurance Liabilities - Schedul

Insurance Liabilities - Schedule of liabilities by product (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	$ 50,518
Effect of changes in cash flow assumptions			$ 0	$ 0
Effect of actual variances from expected experience			16	31
Adjusted beginning of year balance			14,599	14,818
Issuances	328	$ 379
Interest accrual	118	113
Other	3	0
Net liability for future policy benefits, end of period	53,406	57,415
Less: Reinsurance recoverable:	(23,491)	(27,403)
Net liability for future policy benefits after reinsurance recoverable	29,915	$ 30,012
Weighted average liability duration of the liability for future policy benefits (in years)
Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	3,355	$ 5,007
Effect of actual variances from expected experience			73	107
Adjusted beginning of year balance			3,428	5,114
Assessments	179	168
Excess benefits paid	(238)	(290)
Interest accrual	29	35
Other	(5)	(7)
Changes related to unrealized appreciation (depreciation) of investments	119	(797)
Net liability for future policy benefits, end of period	3,512	4,223
Less: Reinsurance recoverable:	(192)	(198)
Net liability for future policy benefits after reinsurance recoverable	3,320	4,025
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			12	29
Adjusted beginning of year balance			13,538	13,692
Issuances	322	375
Interest accrual	106	100
Other	3	0
Net liability for future policy benefits, end of period	13,807	16,184
Less: Reinsurance recoverable:	(1,187)	(1,492)
Net liability for future policy benefits after reinsurance recoverable	$ 12,620	$ 14,692
Weighted average liability duration of the liability for future policy benefits (in years)	12 years 4 months 24 days	13 years 7 months 6 days
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	$ 3,300	$ 4,952
Effect of actual variances from expected experience			74	108
Adjusted beginning of year balance			3,374	5,060
Assessments	179	168
Excess benefits paid	(238)	(290)
Interest accrual	28	34
Other	(5)	(7)
Changes related to unrealized appreciation (depreciation) of investments	119	(797)
Net liability for future policy benefits, end of period	3,457	4,168
Less: Reinsurance recoverable:	(192)	(198)
Net liability for future policy benefits after reinsurance recoverable	$ 3,265	$ 3,970
Weighted average liability duration of the liability for future policy benefits (in years)	26 years 4 months 24 days	27 years 1 month 6 days
Corporate & Other
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			3	2
Adjusted beginning of year balance			1,060	1,126
Issuances	$ 0	$ 0
Interest accrual	12	13
Other	0	0
Net liability for future policy benefits, end of period	22,263	25,864
Less: Reinsurance recoverable:	(22,263)	(25,864)
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 0
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 7 months 6 days	12 years 9 months 18 days
Corporate & Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	$ 55	$ 55
Effect of actual variances from expected experience			(1)	(1)
Adjusted beginning of year balance			$ 54	$ 54
Assessments	0	0
Excess benefits paid	0	0
Interest accrual	1	1
Other	0	0
Changes related to unrealized appreciation (depreciation) of investments	0	0
Net liability for future policy benefits, end of period	55	55
Less: Reinsurance recoverable:	0	0
Net liability for future policy benefits after reinsurance recoverable	$ 55	$ 55
Weighted average liability duration of the liability for future policy benefits (in years)	9 years 4 months 24 days	9 years 9 months 18 days

Insurance Liabilities - Summary

Insurance Liabilities - Summary of separate accounts (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Average attained age of contract holders by product
Universal Life
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Total account values	$ 3,556	$ 3,361
Net amount at risk - gross	$ 70,014	$ 66,220
Average attained age of contract holders by product	53 years	53 years

Insurance Liabilities - Rollfor

Insurance Liabilities - Rollforward of universal life policies (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	$ 53,406	$ 50,518	$ 57,415		$ 65,182
As Previously Reported
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features		57,266			$ 54,660
Individual Retirement
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	1,418		1,397
Group Retirement
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	226		252
Life Insurance
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	13,807		16,184
Corporate & Other
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	22,263		25,864
Universal Life
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	3,512	3,355	4,223	$ 5,007		$ 5,172
Universal Life | As Previously Reported
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						6,782
Universal Life | Adjustment for the reclassification of additional liabilities from Future policy benefits to Market risk benefits(a)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						(1,005)
Universal Life | Adjustment for removal of related balances in Accumulated other comprehensive income (loss) originating from unrealized gains (losses)(b)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						(605)
Universal Life | Individual Retirement
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						0
Universal Life | Individual Retirement | As Previously Reported
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						1,391
Universal Life | Individual Retirement | Adjustment for the reclassification of additional liabilities from Future policy benefits to Market risk benefits(a)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						(875)
Universal Life | Individual Retirement | Adjustment for removal of related balances in Accumulated other comprehensive income (loss) originating from unrealized gains (losses)(b)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						(516)
Universal Life | Group Retirement
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						0
Universal Life | Group Retirement | As Previously Reported
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						219
Universal Life | Group Retirement | Adjustment for the reclassification of additional liabilities from Future policy benefits to Market risk benefits(a)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						(130)
Universal Life | Group Retirement | Adjustment for removal of related balances in Accumulated other comprehensive income (loss) originating from unrealized gains (losses)(b)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						(89)
Universal Life | Life Insurance
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	3,457	3,300	4,168	4,952		5,117
Universal Life | Life Insurance | As Previously Reported
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						5,117
Universal Life | Life Insurance | Adjustment for the reclassification of additional liabilities from Future policy benefits to Market risk benefits(a)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						0
Universal Life | Life Insurance | Adjustment for removal of related balances in Accumulated other comprehensive income (loss) originating from unrealized gains (losses)(b)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						0
Universal Life | Corporate & Other
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	$ 55	$ 55	$ 55	$ 55		55
Universal Life | Corporate & Other | As Previously Reported
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						55
Universal Life | Corporate & Other | Adjustment for the reclassification of additional liabilities from Future policy benefits to Market risk benefits(a)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						0
Universal Life | Corporate & Other | Adjustment for removal of related balances in Accumulated other comprehensive income (loss) originating from unrealized gains (losses)(b)
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features						$ 0

Insurance Liabilities - Univers

Insurance Liabilities - Universal life policies (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Average attained age of contract holders by product
Universal Life
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Net amount at risk	$ 70,014	$ 66,220
Average attained age of contract holders by product	53 years	53 years

Insurance Liabilities - Adjustm

Insurance Liabilities - Adjustments to Policyholder Contract Deposits (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Policyholder Account Balance [Line Items]
Policyholder contract deposits	$ 160,003	$ 158,494	$ 154,518	$ 152,809	$ 148,421
Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits	91,070	89,554	85,831	84,097	79,203
Group Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits	42,903	43,395	43,887	43,902	43,228
Life Insurance
Policyholder Account Balance [Line Items]
Policyholder contract deposits	10,220	10,224	10,192	10,183	10,286
Institutional Markets
Policyholder Account Balance [Line Items]
Policyholder contract deposits	12,294	11,734	10,845	10,804	11,559
Corporate & Other
Policyholder Account Balance [Line Items]
Policyholder contract deposits	$ 3,516	$ 3,587	$ 3,763	$ 3,823	4,145
As Previously Reported
Policyholder Account Balance [Line Items]
Policyholder contract deposits					154,892
As Previously Reported | Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits					85,097
As Previously Reported | Group Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits					43,805
As Previously Reported | Life Insurance
Policyholder Account Balance [Line Items]
Policyholder contract deposits					10,286
As Previously Reported | Institutional Markets
Policyholder Account Balance [Line Items]
Policyholder contract deposits					11,559
As Previously Reported | Corporate & Other
Policyholder Account Balance [Line Items]
Policyholder contract deposits					4,145
Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s)
Policyholder Account Balance [Line Items]
Policyholder contract deposits					(6,471)
Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s) | Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits					(5,894)
Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s) | Group Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits					(577)
Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s) | Life Insurance
Policyholder Account Balance [Line Items]
Policyholder contract deposits					0
Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s) | Institutional Markets
Policyholder Account Balance [Line Items]
Policyholder contract deposits					0
Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s) | Corporate & Other
Policyholder Account Balance [Line Items]
Policyholder contract deposits					$ 0

Insurance Liabilities - Policyh

Insurance Liabilities - Policyholder contract deposit (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Jan. 01, 2021
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	$ 158,494	$ 152,809
Issuances	6,821	5,206
Deposits received	389	402
Policy charges	(771)	(735)
Surrenders and withdrawals	(5,666)	(3,471)
Benefit payments	(1,897)	(1,791)
Net transfers from (to) separate account	1,762	1,145
Interest credited	883	984
Other	(12)	(31)
Policyholder contract deposits account balance, end of period	160,003	154,518
Other reconciling items	(1,978)	(2,071)
Policyholder Contract Deposit	158,025	152,447	$ 156,058	$ 148,421
Cash surrender value	139,467	136,851
As Previously Reported
Policyholder Account Balance [Roll Forward]
Policyholder Contract Deposit			$ 158,966	$ 154,892
Individual Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	89,554	84,097
Issuances	4,863	3,896
Deposits received	1	3
Policy charges	(244)	(185)
Surrenders and withdrawals	(3,171)	(1,994)
Benefit payments	(1,036)	(1,017)
Net transfers from (to) separate account	728	529
Interest credited	377	500
Other	(2)	2
Policyholder contract deposits account balance, end of period	91,070	85,831
Other reconciling items	(1,889)	(1,859)
Policyholder Contract Deposit	$ 89,181	$ 83,972
Weighted average crediting rate	2.52%	2.36%
Cash surrender value	$ 84,906	$ 80,438
Group Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	43,395	43,902
Issuances	1,320	1,152
Deposits received	6	8
Policy charges	(110)	(127)
Surrenders and withdrawals	(2,016)	(1,396)
Benefit payments	(557)	(544)
Net transfers from (to) separate account	592	616
Interest credited	270	277
Other	3	(1)
Policyholder contract deposits account balance, end of period	42,903	43,887
Other reconciling items	(279)	(330)
Policyholder Contract Deposit	$ 42,624	$ 43,557
Weighted average crediting rate	2.78%	2.71%
Cash surrender value	$ 41,361	$ 43,193
Life Insurance
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	10,224	10,183
Issuances	49	73
Deposits received	365	369
Policy charges	(384)	(389)
Surrenders and withdrawals	(56)	(45)
Benefit payments	(49)	(69)
Net transfers from (to) separate account	(1)	0
Interest credited	88	101
Other	(16)	(31)
Policyholder contract deposits account balance, end of period	10,220	10,192
Other reconciling items	116	24
Policyholder Contract Deposit	$ 10,336	$ 10,216
Weighted average crediting rate	4.24%	4.23%
Cash surrender value	$ 8,874	$ 8,830
Institutional Markets
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	11,734	10,804
Issuances	586	82
Deposits received	9	13
Policy charges	(17)	(17)
Surrenders and withdrawals	(403)	(22)
Benefit payments	(167)	(72)
Net transfers from (to) separate account	443	3
Interest credited	105	61
Other	4	(7)
Policyholder contract deposits account balance, end of period	12,294	10,845
Other reconciling items	74	94
Policyholder Contract Deposit	$ 12,368	$ 10,939
Weighted average crediting rate	3.55%	2.30%
Cash surrender value	$ 2,545	$ 2,529
Corporate & Other
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	3,587	3,823
Issuances	3	3
Deposits received	8	9
Policy charges	(16)	(17)
Surrenders and withdrawals	(20)	(14)
Benefit payments	(88)	(89)
Net transfers from (to) separate account	0	(3)
Interest credited	43	45
Other	(1)	6
Policyholder contract deposits account balance, end of period	3,516	3,763
Other reconciling items	0	0
Policyholder Contract Deposit	$ 3,516	$ 3,763
Weighted average crediting rate	4.95%	4.88%
Cash surrender value	$ 1,781	$ 1,861

Insurance Liabilities - Account

Insurance Liabilities - Account balances by guaranteed minimum interest rates (Details) - USD ($) $ in Millions	Mar. 31, 2023	Mar. 31, 2022
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 102,899	$ 102,927
Policyholder Account Balance, Percentage	100%	100%
At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 61,642	$ 71,268
Policyholder Account Balance, Percentage	60%	69%
1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 7,399	$ 4,787
Policyholder Account Balance, Percentage	7%	5%
More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 33,858	$ 26,872
Policyholder Account Balance, Percentage	33%	26%
Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 57,225	$ 56,062
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 33,601	$ 31,119
Minimum credit rating (as a percent)	1%	1%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 6,181	$ 6,134
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 9,546	$ 10,202
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 7,405	$ 8,091
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 456	$ 478
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	5%	5%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 36	$ 38
Minimum credit rating (as a percent)	5%	5%
Individual Retirement | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 28,768	$ 33,620
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	7,776	10,456
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	3,994	4,428
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	9,155	10,184
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	7,359	8,045
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	452	473
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	32	34
Individual Retirement | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,627	1,919
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,562	1,851
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	24	28
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1	0
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	40	40
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	25,830	20,523
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	23,263	18,812
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,163	1,678
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	390	18
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	6	6
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	4	5
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	4	4
Group Retirement
Policyholder Account Balance [Line Items]
Policyholder Account Balance	38,324	39,323
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 10,825	$ 10,125
Minimum credit rating (as a percent)	1%	1%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 6,266	$ 6,734
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 13,601	$ 14,648
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 658	$ 702
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 6,821	$ 6,955
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	5%	5%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 153	$ 159
Minimum credit rating (as a percent)	5%	5%
Group Retirement | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 28,261	$ 32,630
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,063	3,850
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	5,005	6,316
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	13,561	14,648
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	658	702
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	6,821	6,955
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	153	159
Group Retirement | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	3,661	2,095
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,713	1,684
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	908	411
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	40	0
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	6,402	4,598
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	6,049	4,591
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	353	7
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance
Policyholder Account Balance [Line Items]
Policyholder Account Balance	7,350	7,542
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 0	$ 0
Minimum credit rating (as a percent)	1%	1%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 480	$ 483
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 1,969	$ 1,996
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 1,733	$ 1,781
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 2,946	$ 3,054
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	5%	5%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 222	$ 228
Minimum credit rating (as a percent)	5%	5%
Life Insurance | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 4,613	$ 5,018
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	104
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	28	246
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,417	1,388
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,946	3,052
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	222	228
Life Insurance | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,111	773
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	131	24
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	862	540
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	118	207
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	2
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,626	1,751
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	349	355
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,079	1,210
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	198	186
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 0	$ 0

Insurance Liabilities - Unearne

Insurance Liabilities - Unearned revenue liability (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Jan. 01, 2021
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	$ 1,834	$ 1,811
Revenue deferred	38	35
Amortization	(30)	(30)
Balance, end of period	1,842	1,816
Other reconciling items	1,055	1,068
Other policyholder funds	2,897	2,884	$ 2,885	$ 2,740
Life Insurance
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	1,727	1,693
Revenue deferred	38	35
Amortization	(27)	(27)
Balance, end of period	1,738	1,701
Institutional Markets
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	2	2
Revenue deferred	0	0
Amortization	(1)	0
Balance, end of period	1	2
Corporate & Other
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	105	116
Revenue deferred	0	0
Amortization	(2)	(3)
Balance, end of period	$ 103	$ 113

Market Risk Benefits - Balances

Market Risk Benefits - Balances and changes in market risk benefits (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Market Risk Benefit [Line Items]
Market risk benefit	$ 4,403	$ 4,034	$ 5,535	$ 7,034		$ 8,401
Market risk benefit in an asset position						176
Reinsured market risk benefit						162
Market risk benefit assets, at fair value	830	796			$ 338	338
Market risk benefit liabilities, at fair value	5,144	4,736			8,739
As Previously Reported
Market Risk Benefit [Line Items]
Market risk benefit						0
Market risk benefit assets, at fair value		0			0
Market risk benefit liabilities, at fair value		0			$ 0
Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Embedded Derivative Liability From Policyholder Contract Deposits
Market Risk Benefit [Line Items]
Market risk benefit						6,471
Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Future Policy Benefits
Market Risk Benefit [Line Items]
Market risk benefit						1,575
Effect Of Application Of Accounting Standards Update 2018-12, Cumulative Effect Of Changes In Instrument-Specific Credit Risk
Market Risk Benefit [Line Items]
Market risk benefit						2,327
Effect Of Application Of Accounting Standards Update 2018-12, Adjustments For The Removal Of Shadow Adjustments
Market Risk Benefit [Line Items]
Market risk benefit						(605)
Effect Of Application Of Accounting Standards Update 2018-12, Adjustments For Remaining Difference Between Carrying Amount And Fair Value For MRB
Market Risk Benefit [Line Items]
Market risk benefit						(1,367)
Individual Retirement
Market Risk Benefit [Line Items]
Market risk benefit	4,084	3,738	5,090	6,452		7,599
Market risk benefit in an asset position						176
Reinsured market risk benefit						162
Market risk benefit liabilities, at fair value						7,937
Individual Retirement | As Previously Reported
Market Risk Benefit [Line Items]
Market risk benefit						0
Individual Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Embedded Derivative Liability From Policyholder Contract Deposits
Market Risk Benefit [Line Items]
Market risk benefit						5,894
Individual Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Future Policy Benefits
Market Risk Benefit [Line Items]
Market risk benefit						1,356
Individual Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Cumulative Effect Of Changes In Instrument-Specific Credit Risk
Market Risk Benefit [Line Items]
Market risk benefit						2,140
Individual Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Adjustments For The Removal Of Shadow Adjustments
Market Risk Benefit [Line Items]
Market risk benefit						(516)
Individual Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Adjustments For Remaining Difference Between Carrying Amount And Fair Value For MRB
Market Risk Benefit [Line Items]
Market risk benefit						(1,275)
Group Retirement
Market Risk Benefit [Line Items]
Market risk benefit	$ 319	$ 296	$ 445	$ 582		802
Market risk benefit in an asset position						0
Reinsured market risk benefit						0
Market risk benefit assets, at fair value						0
Market risk benefit liabilities, at fair value						802
Group Retirement | As Previously Reported
Market Risk Benefit [Line Items]
Market risk benefit						0
Group Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Embedded Derivative Liability From Policyholder Contract Deposits
Market Risk Benefit [Line Items]
Market risk benefit						577
Group Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Future Policy Benefits
Market Risk Benefit [Line Items]
Market risk benefit						219
Group Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Cumulative Effect Of Changes In Instrument-Specific Credit Risk
Market Risk Benefit [Line Items]
Market risk benefit						187
Group Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Adjustments For The Removal Of Shadow Adjustments
Market Risk Benefit [Line Items]
Market risk benefit						(89)
Group Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Adjustments For Remaining Difference Between Carrying Amount And Fair Value For MRB
Market Risk Benefit [Line Items]
Market risk benefit						$ (92)

Market Risk Benefits - Rollforw

Market Risk Benefits - Rollforward of market risk benefits (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Market Risk Benefit [Roll Forward]
Balance, beginning of year	$ 4,034	$ 7,034
Balance, beginning of year, before effect of changes in instrument-specific credit risk	3,569	4,933
Issuances	200	45
Interest accrual	42	45
Attributed fees	252	216
Expected claims	(26)	(13)
Effect of changes in interest rates	524	(1,506)
Effect of changes in interest rate volatility	(77)	185
Effect of changes in equity markets	(427)	403
Effect of changes in equity index volatility	13	(1)
Actual outcome different from model expected outcome	73	121
Effect of changes in other future expected assumptions	(112)
Other, including foreign exchange	1	(2)
Balance, end of period, before effect of changes in instrument-specific credit risk	4,032	4,426
Effect of changes in the instrument-specific credit risk	371	1,109
Balance, end of period	4,403	5,535
Less: Reinsured MRB, end of period	(89)	(120)
Net	$ 4,314	$ 5,415
Net amount at risk
Average attained age of contract holders by product
Combined
Net amount at risk
Net amount at risk	$ 1,757	$ 768
GMDB only
Net amount at risk
Net amount at risk	1,573	1,089
GMWB only
Net amount at risk
Net amount at risk	68	294
Individual Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	3,738	6,452
Balance, beginning of year, before effect of changes in instrument-specific credit risk	3,297	4,518
Issuances	191	40
Interest accrual	38	39
Attributed fees	235	197
Expected claims	(25)	(13)
Effect of changes in interest rates	478	(1,381)
Effect of changes in interest rate volatility	(73)	172
Effect of changes in equity markets	(391)	387
Effect of changes in equity index volatility	16	(2)
Actual outcome different from model expected outcome	72	105
Effect of changes in other future expected assumptions	(94)
Other, including foreign exchange	1	1
Balance, end of period, before effect of changes in instrument-specific credit risk	3,745	4,063
Effect of changes in the instrument-specific credit risk	339	1,027
Balance, end of period	4,084	5,090
Less: Reinsured MRB, end of period	(89)	(120)
Net	$ 3,995	$ 4,970
Net amount at risk
Average attained age of contract holders by product	71 years	70 years
Individual Retirement | Combined
Net amount at risk
Net amount at risk	$ 1,726	$ 752
Individual Retirement | GMDB only
Net amount at risk
Net amount at risk	1,307	903
Individual Retirement | GMWB only
Net amount at risk
Net amount at risk	63	264
Group Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	296	582
Balance, beginning of year, before effect of changes in instrument-specific credit risk	272	415
Issuances	9	5
Interest accrual	4	6
Attributed fees	17	19
Expected claims	(1)	0
Effect of changes in interest rates	46	(125)
Effect of changes in interest rate volatility	(4)	13
Effect of changes in equity markets	(36)	16
Effect of changes in equity index volatility	(3)	1
Actual outcome different from model expected outcome	1	16
Effect of changes in other future expected assumptions	(18)
Other, including foreign exchange	0	(3)
Balance, end of period, before effect of changes in instrument-specific credit risk	287	363
Effect of changes in the instrument-specific credit risk	32	82
Balance, end of period	319	445
Less: Reinsured MRB, end of period	0	0
Net	$ 319	$ 445
Net amount at risk
Average attained age of contract holders by product	64 years	63 years
Group Retirement | Combined
Net amount at risk
Net amount at risk	$ 31	$ 16
Group Retirement | GMDB only
Net amount at risk
Net amount at risk	266	186
Group Retirement | GMWB only
Net amount at risk
Net amount at risk	$ 5	$ 30

Market Risk Benefits - Schedule

Market Risk Benefits - Schedule of market risk benefits (Details) - USD ($) $ in Millions	Mar. 31, 2023	Mar. 31, 2022
Market Risk Benefit [Line Items]
Asset	$ 830	$ 666
Liability	5,144	6,081
Net	4,314	5,415
Individual Retirement
Market Risk Benefit [Line Items]
Asset	685	524
Liability	4,680	5,494
Net	3,995	4,970
Group Retirement
Market Risk Benefit [Line Items]
Asset	145	142
Liability	464	587
Net	$ 319	$ 445

Separate Account Assets and L_3

Separate Account Assets and Liabilities - Separate account assets (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 87,357	$ 84,853
Individual Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	46,296		$ 53,338
Individual Retirement | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	23,845		26,931
Individual Retirement | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	3,915		4,401
Individual Retirement | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	17,818		21,402
Individual Retirement | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	718		604
Group Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	35,792		41,342
Group Retirement | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	26,433		30,844
Group Retirement | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	3,571		4,176
Group Retirement | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	5,254		5,866
Group Retirement | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 534		$ 456

Separate Account Assets and L_4

Separate Account Assets and Liabilities - separate account liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	$ 84,853	$ 109,111
Premiums and deposits	846	1,238
Policy charges	(490)	(486)
Surrenders and withdrawals	(1,923)	(1,656)
Benefit payments	(400)	(406)
Investment performance	4,469	(6,870)
Net transfers from (to) general account	1	(82)
Other charges	1	1
Separate accounts balance, end of period	87,357	100,850
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	87,357	100,850
Cash surrender value	86,076	99,444
Individual Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	45,178	57,927
Premiums and deposits	451	758
Policy charges	(344)	(321)
Surrenders and withdrawals	(844)	(934)
Benefit payments	(215)	(255)
Investment performance	2,131	(3,718)
Net transfers from (to) general account	73	44
Other charges	0	(1)
Separate accounts balance, end of period	46,430	53,500
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	46,430	53,500
Cash surrender value	45,388	52,334
Group Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	34,361	45,138
Premiums and deposits	360	440
Policy charges	(110)	(127)
Surrenders and withdrawals	(669)	(696)
Benefit payments	(130)	(144)
Investment performance	2,186	(2,992)
Net transfers from (to) general account	(77)	(134)
Other charges	(1)	1
Separate accounts balance, end of period	35,920	41,486
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	35,920	41,486
Cash surrender value	35,726	41,263
Life Insurance
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	799	1,044
Premiums and deposits	9	10
Policy charges	(12)	(13)
Surrenders and withdrawals	(6)	(6)
Benefit payments	(1)	(2)
Investment performance	53	(73)
Net transfers from (to) general account	(1)	0
Other charges	0	0
Separate accounts balance, end of period	841	960
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	841	960
Cash surrender value	794	949
Institutional Markets
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	4,515	5,002
Premiums and deposits	26	30
Policy charges	(24)	(25)
Surrenders and withdrawals	(404)	(20)
Benefit payments	(54)	(5)
Investment performance	99	(87)
Net transfers from (to) general account	6	8
Other charges	2	1
Separate accounts balance, end of period	4,166	4,904
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	4,166	4,904
Cash surrender value	$ 4,168	$ 4,898

Contingencies, Commitments an_2

Contingencies, Commitments and Guarantees (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Other Commitments [Line Items]
Amount of policy issued to plaintiff's	$ 1,000,000
Other commitments	$ 4,600,000,000
Minimum capital contributed (as a percent)	250%	250%
Promissory Notes
Other Commitments [Line Items]
Principal amount percentage	100%
Net present value of interest payments (as a percent)	100%

Equity and Redeemable Noncont_3

Equity and Redeemable Noncontrolling Interest - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions			3 Months Ended
	May 08, 2023	Mar. 31, 2023	Mar. 31, 2022
Dividends [Line Items]
Distributed dividends			$ 290
Dividend declared (in USD per share)		$ 0.23
Subsequent Event
Dividends [Line Items]
Dividend declared (in USD per share)	$ 0.23

Equity and Redeemable Noncont_4

Equity and Redeemable Noncontrolling Interest - Rollforward of Common Stock (Details)	3 Months Ended
	Mar. 31, 2023 shares
Equity [Abstract]
Beginning balance (in shares)	645,000,000
Shares issued under long-term incentive compensation plans (in shares)	3,129,652
Shares repurchased (in shares)	0
Ending balance (in shares)	648,129,652

Equity and Redeemable Noncont_5

Equity and Redeemable Noncontrolling Interest - Rollforward of Accumulated other comprehensive income (loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	$ 10,319	$ 28,989
Change in unrealized depreciation of investments	4,020	(16,874)
Change in fair value of market risk benefits attributable to changes in instrument-specific risk	94	992
Change in other	(595)	2,830
Change in future policy benefits and other	(116)	797
Change in cash flow hedges	(7)	224
Change in foreign currency translation adjustments	37	(24)
Change in net actuarial loss	3
Change in deferred tax asset (liability)	(631)	1,796
Other comprehensive income (loss)	2,805	(10,259)
Balance, end of period	12,465	21,593
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(16,863)	8,233
Change in unrealized depreciation of investments	4,020
Other comprehensive income (loss)	2,796	(10,259)
Balance, end of period	(14,067)	(2,026)
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(92)	(31)
Other comprehensive income (loss)	30	(51)
Balance, end of period	(62)	(82)
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(19,380)	12,315
Other comprehensive income (loss)	3,132	(13,376)
Balance, end of period	(16,248)	(1,061)
Change in fair value of market risk benefits attributable to changes in the instrument- specific risk
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(365)	(1,659)
Other comprehensive income (loss)	74	782
Balance, end of period	(291)	(877)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	2,908	(2,390)
Other comprehensive income (loss)	(465)	2,232
Balance, end of period	2,443	(158)
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	157
Other comprehensive income (loss)	(4)	177
Balance, end of period	153	177
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(100)	(9)
Other comprehensive income (loss)	36	(23)
Balance, end of period	(73)	(32)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	9	7
Other comprehensive income (loss)	2
Balance, end of period	11	7
Noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	9	0
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	9	0
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in unrealized depreciation of investments	38	(64)
Change in deferred tax asset (liability)	(8)	13
Other comprehensive income (loss)	30	(51)
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in unrealized depreciation of investments	3,982	(16,810)
Change in future policy benefits and other	(116)	797
Change in deferred tax asset (liability)	(734)	2,637
Other comprehensive income (loss)	3,132	(13,376)
Change in fair value of market risk benefits attributable to changes in the instrument- specific risk
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in fair value of market risk benefits attributable to changes in instrument-specific risk	94	992
Change in deferred tax asset (liability)	(20)	(210)
Other comprehensive income (loss)	74	782
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in other	(595)	2,830
Change in deferred tax asset (liability)	130	(598)
Other comprehensive income (loss)	(465)	2,232
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in cash flow hedges	(7)	224
Change in deferred tax asset (liability)	3	(47)
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in foreign currency translation adjustments	37	(24)
Change in deferred tax asset (liability)	(1)	1
Other comprehensive income (loss)	36	(23)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in net actuarial loss	3
Change in deferred tax asset (liability)	(1)
Other comprehensive income (loss)	$ 2	$ 0

Equity and Redeemable Noncont_6

Equity and Redeemable Noncontrolling Interest - Other comprehensive income reclassification adjustments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	$ 195
Other comprehensive income (loss)	2,805	$ (10,259)
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	24	(64)
Less: Reclassification adjustments included in net income	(14)	0
Total other comprehensive income (loss), before income tax expense (benefit)	38	(64)
Less: Income tax expense (benefit)	8	(13)
Other comprehensive income (loss)	30	(51)
Unrealized Appreciation (Depreciation) of All Other Investments
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	3,779	(16,113)
Less: Reclassification adjustments included in net income	(87)	(100)
Total other comprehensive income (loss), before income tax expense (benefit)	3,866	(16,013)
Less: Income tax expense (benefit)	734	(2,637)
Other comprehensive income (loss)	3,132	(13,376)
Change in fair value of market risk benefits attributable to changes in the instrument- specific risk
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	94	992
Less: Reclassification adjustments included in net income	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	94	992
Less: Income tax expense (benefit)	20	210
Other comprehensive income (loss)	74	782
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	(595)	2,830
Less: Reclassification adjustments included in net income	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(595)	2,830
Less: Income tax expense (benefit)	(130)	598
Other comprehensive income (loss)	(465)	2,232
Cash Flow Hedges
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	(7)	224
Less: Reclassification adjustments included in net income	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(7)	224
Less: Income tax expense (benefit)	(3)	47
Other comprehensive income (loss)	(4)	177
Foreign Currency Translation Adjustments
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	37	(24)
Less: Reclassification adjustments included in net income	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	37	(24)
Less: Income tax expense (benefit)	1	(1)
Other comprehensive income (loss)	36	(23)
Retirement Plan Liabilities Adjustment
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	3	0
Less: Reclassification adjustments included in net income	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	3	0
Less: Income tax expense (benefit)	1	0
Other comprehensive income (loss)	2	0
Total Corebridge Shareholders' Equity
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	3,335	(12,155)
Less: Reclassification adjustments included in net income	(101)	(100)
Total other comprehensive income (loss), before income tax expense (benefit)	3,436	(12,055)
Less: Income tax expense (benefit)	631	(1,796)
Other comprehensive income (loss)	$ 2,796	$ (10,259)

Equity and Redeemable Noncont_7

Equity and Redeemable Noncontrolling Interest - Reclassification of significant items out of accumulated other comprehensive income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Reclassification of significant items out of Accumulated Other Comprehensive Income
Total net realized gains (losses)	$ (1,458)	$ 2,887
Net income (loss) attributable to Corebridge	(459)	3,366
Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net income (loss) attributable to Corebridge	(101)	(100)
Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken | Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Total net realized gains (losses)	(14)	0
Unrealized appreciation (depreciation) of all other investments | Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Total net realized gains (losses)	$ (87)	$ (100)

Equity and Redeemable Noncont_8

Equity and Redeemable Noncontrolling Interest - Non-redeemable and redeemable noncontrolling interest (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	$ 939
Distributions to noncontrolling interests	(50)	$ (280)
Ending balance	910
Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Distributions to noncontrolling interests	(50)	(280)
Non-Redeemable Noncontrolling Interest | Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	939	1,759
Net income attributable to redeemable noncontrolling interest	6	76
Other comprehensive loss, net of tax	9	0
Changes in noncontrolling interests due to divestitures and acquisitions	(19)	0
Contributions from noncontrolling interests	25	14
Distributions to noncontrolling interests	(50)	(280)
Other	0	(4)
Ending balance	$ 910	1,565
Redeemable Noncontrolling Interest
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance		83
Net income attributable to redeemable noncontrolling interest		(1)
Ending balance		$ 82

Earnings Per Common Share - Sch

Earnings Per Common Share - Schedule of EPS (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share [Abstract]
Net income	$ (453)	$ 3,441
Net income (loss) attributable to noncontrolling interests	6	75
Net income (loss) attributable to Corebridge common shareholders	$ (459)	$ 3,366
Basic (in shares)	650,800,000	645,000,000
Dilutive common shares (in shares)	0	0
Weighted average common shares outstanding - diluted (in shares)	650,800,000	645,000,000
Basic (in dollars per share)	$ (0.70)	$ 5.22
Diluted (in dollars per share)	$ (0.70)	$ 5.22
Number of shares excluded from diluted shares outstanding because the effect would have been anti-dilutive (in shares)	2,500,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Valuation Allowance [Line Items]
Effective income tax rate	32.30%	20%
Valuation allowance related to certain tax attribute carryforward	$ 167
Increase (decrease) in valuation allowance	$ 16
U.S. federal income tax at statutory rate (as a percent)	21%	21%
AIG | Maximum | Corebridge
Valuation Allowance [Line Items]
Ownership percentage	80%
U.S.. Life Insurance Companies
Valuation Allowance [Line Items]
Increase (decrease) in valuation allowance	$ (132)
Valuation allowance	$ 1,300

Related Parties - Schedule of M

Related Parties - Schedule of Material Revenues and Expenses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues:
Other income	$ 106	$ 176
Total net investment income	2,695	2,581
Total revenues	4,262	7,240
Expenses:
General operating and other expenses	582	586
Interest expense	172	81
Total benefits and expenses	4,931	2,940
Net investment income - excluding Fortitude Re funds withheld assets
Revenues:
Total net investment income	2,301	2,303
Related Parties
Revenues:
Other income	13	31
Total revenues	18	27
Expenses:
General operating and other expenses	47	23
Interest expense	0	38
Loss on extinguishment of debt	0	0
Total benefits and expenses	47	61
Related Parties | Net investment income - excluding Fortitude Re funds withheld assets
Revenues:
Total net investment income	$ 5	$ (4)

Related Parties - Reorganizatio

Related Parties - Reorganization Transactions (Details) $ in Millions	Feb. 28, 2022 USD ($)
Related Parties | AIGT And Eastgreen
Related Party Transaction [Line Items]
Consideration transferred	$ 107

Related Parties - Advisory Tran

Related Parties - Advisory Transactions (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Related Party Transaction [Line Items]
Other income	$ 106	$ 176
Related Parties
Related Party Transaction [Line Items]
Other income	$ 13	$ 31

Related Parties - Capital Marke

Related Parties - Capital Markets Agreements (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Total net investment income	$ 2,695	$ 2,581
Derivative assets, net	690		$ 299
Derivative liabilities, net	159		97
Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	2,301	2,303
Related Parties
Related Party Transaction [Line Items]
Derivative assets, net	210		12
Derivative liabilities, net	(9)		0
Collateral posted	855		1,500
Collateral obtained from third parties for derivative transactions	338		380
Related Parties | Unsecured Derivative Transactions
Related Party Transaction [Line Items]
Derivative assets, net	272		253
Derivative liabilities, net	0		0
Collateral posted	0		$ 0
Related Parties | Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	5	(4)
Related Parties | Net investment income - excluding Fortitude Re funds withheld assets | AIG
Related Party Transaction [Line Items]
Total net investment income	$ 0	$ 5

Related Parties - General Servi

Related Parties - General Services Agreement (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
General operating expenses	$ 582	$ 586
Total derivatives with related parties
Related Party Transaction [Line Items]
General operating expenses	47	23
Total derivatives with related parties | General Services Agreement
Related Party Transaction [Line Items]
Due to related parties	230		$ 311
Due from related parties	52		$ 54
General operating expenses	$ 47	$ 6

Related Parties - Reinsurance T

Related Parties - Reinsurance Transactions (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Reinsurance recoverables	$ 29,900
Total derivatives with related parties | Reinsurance Transactions
Related Party Transaction [Line Items]
Reinsurance recoverables	42		$ 70
Reinsurance payable	29		$ 32
Ceded premiums	$ 7	$ 11

Related Parties - Guarantees (D

Related Parties - Guarantees (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Minimum capital contributed (as a percent)	250%	250%
Related Parties
Related Party Transaction [Line Items]
Minimum capital contributed (as a percent)	250%		250%

Related Parties - Credit Facili

Related Parties - Credit Facilities and Funding Arrangements (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Total net investment income	$ 2,695	$ 2,581
Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	2,301	2,303
Related Parties | Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	5	(4)
Related Parties | Credit Facilities And Funding Arrangements
Related Party Transaction [Line Items]
Due from related parties	400		$ 400
Related Parties | Credit Facilities And Funding Arrangements | Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	$ 5	$ 0.7

Related Parties - Promissory No

Related Parties - Promissory Notes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Nov. 30, 2021
Related Party Transaction [Line Items]
Interest expense	$ 172	$ 81
Related Parties
Related Party Transaction [Line Items]
Interest expense	$ 0	38
Related Parties | Promissory Notes
Related Party Transaction [Line Items]
Notes issued from related parties			$ 8,300
Interest expense		$ 29

Related Parties - Purchase of S

Related Parties - Purchase of Securitized Notes from AIG (Details) - AIG Special Purposes Entities - Collateralized Debt Obligations - Total derivatives with related parties - Corebridge $ in Millions	Sep. 09, 2022 USD ($)
Related Party Transaction [Line Items]
Ownership percentage	100%
Purchases of debt securities	$ 800

Related Parties - Tax Sharing A

Related Parties - Tax Sharing Arrangements (Details) - Related Parties - Tax Sharing Arrangements - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Payment or (refund)	$ 511
Due from related parties		$ 539	$ 524

Related Parties - Other Transac

Related Parties - Other Transactions (Details) - USD ($) $ in Millions	Sep. 06, 2022	Mar. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
CRBG stock authorized (in shares)	40,000,000
Employee Benefit Programs
Related Party Transaction [Line Items]
Due to related parties		$ 59	$ 59

Related Parties - Related Party

Related Parties - Related Party Transactions with Blackstone (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Related Party Transaction [Line Items]
Investment expenses	$ 161	$ 113
Related Parties
Related Party Transaction [Line Items]
Investment expenses	$ 35	$ 26

Related Parties - Related Par_2

Related Parties - Related Party Transactions with VIEs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Interest expense	$ 172	$ 81
Net income (loss) attributable to noncontrolling interests	6	75
Related Parties
Related Party Transaction [Line Items]
Interest expense	0	38
Loss on extinguishment of debt	0	0
Consolidated VIE
Related Party Transaction [Line Items]
Long-term debt	2,685		$ 5,958
Net income (loss) attributable to noncontrolling interests	6	75
Consolidated VIE | Related Parties
Related Party Transaction [Line Items]
Long-term debt	257		308
Interest expense	7	9
Redeemable noncontrolling interest	528		$ 537
Net income (loss) attributable to noncontrolling interests	$ 19	$ 33

Subsequent Events (Details)

Subsequent Events (Details) $ in Billions	May 04, 2023 USD ($)
Subsequent Event
Subsequent Event [Line Items]
Stock repurchase program, authorized amount	$ 1