Corebridge Financial (CRBG) 10-Q 3 Nov 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Oct. 27, 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		631,023,678
Document Fiscal Year Focus	2023
Entity Central Index Key	0001889539
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Period End Date	Sep. 30, 2023

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022
Fixed maturity securities:
Bonds available for sale, at fair value, net of allowance for credit losses of $110 in 2023 and $148 in 2022 (amortized cost: 2023 -$179,954; 2022 - $181,274)*	[1]	$ 151,378	$ 156,793
Other bond securities	[1]	4,186	3,769
Equity securities, at fair value	[1]	126	170
Mortgage and other loans receivable	[1]	46,054	44,566
Other investments	[1]	10,436	10,418
Short-term Investments	[1]	4,730	4,400
Total investments		216,910	220,116
Cash	[1]	569	552
Accrued investment income	[1]	2,010	1,813
Premiums and other receivables, net of allowance for credit losses and disputes of $1 in 2023 and $1 in 2022		717	916
Deferred income taxes		8,785	8,831
Deferred policy acquisition costs and value of business acquired		9,973	10,563
Market risk benefit assets, at fair value		978	796
Other assets	[1]	1,814	2,521
Separate account assets, at fair value		84,724	84,853
Assets held-for-sale		2,240	0
Total assets		355,592	360,322
Liabilities:
Future policy benefits for life and accident and health insurance contracts		50,355	50,518
Policyholder contract deposits (portion measured at fair value: 2023 - $6,478; 2022 - $5,464)		159,858	156,058
Market risk benefit liabilities, at fair value		4,519	4,736
Other policyholder funds		2,850	2,885
Short-term debt		1,000	1,500
Separate account liabilities		84,724	84,853
Liabilities held-for-sale		1,657	0
Total liabilities		346,336	350,003
Contingencies, commitments and guarantees
Corebridge Shareholders' equity:
Common stock, $0.01 par value; 2,500,000,000 shares authorized; shares issued: 2023 - 648,144,926 and 2022 645,000,000		6	6
Treasury stock, at cost; 2023 - 14,660,410 shares and 2022 - 0 shares		(249)	0
Additional paid-in capital		8,138	8,030
Retained earnings		19,765	18,207
Accumulated other comprehensive loss		(19,294)	(16,863)
Total Corebridge Shareholders' equity		8,366	9,380
Non-redeemable noncontrolling interests		890	939
Total equity		9,256	10,319
Total liabilities and equity		355,592	360,322
Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		8,371	7,868
Debt of Consolidated Entities
Liabilities:
Long-term debt	[1]	2,596	5,958
Fortitude RE
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		25,239	26,844
Liabilities:
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $203; 2022 - $1,262)		24,335	26,551
Excluding Fortitude
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		1,633	2,517
Liabilities:
Other liabilities (portion measured at fair value: 2023 - $90; 2022 - $97)*	[1]	$ 6,071	$ 9,076
[1] See Note 9

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022
Fixed maturity securities:
Bonds available for sale, allowance for credit losses		$ 110	$ 148
Bonds available for sale, amortized cost		179,954	181,274
Allowance for credit losses		752	600
Other investments	[1]	10,436	10,418
Restricted cash, included in other invested assets		3	69
Short-term Investments	[1]	4,730	4,400
Premiums and other receivables, allowance for credit losses and disputes		1	1
Other assets	[1]	1,814	2,521
Liabilities:
Policyholder contract deposits		$ 159,858	$ 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)		648,144,926	645,000,000
Treasury stock, at cost (in shares)		14,660,410	0
Fortitude RE
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		$ 0	$ 0
Liabilities:
Fortitude Re funds withheld payable		24,335	26,551
Excluding Fortitude
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		70	84
Recurring Basis
Fixed maturity securities:
Other investments		7,879	7,879
Short-term Investments		1,628	1,357
Restricted cash, included in other assets		9	12
Other assets		272	299
Liabilities:
Policyholder contract deposits		6,478	5,464
Fortitude Re funds withheld payable		203	1,262
Other liabilities, portion measured at fair value		90	97
Long-term debt, portion measured at fair value		$ 0	$ 6
[1] See Note 9

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues:
Premiums	$ 701	$ 1,301	$ 5,249	$ 3,047
Policy fees	702	735	2,094	2,194
Total net investment income	2,657	2,160	8,066	7,021
Total net realized gains (losses)	1,220	2,098	(558)	7,505
Advisory fee income	118	114	349	362
Other income	107	130	324	439
Total revenues	5,505	6,538	15,524	20,568
Benefits and expenses:
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	1,102	1,656	6,473	4,253
Change in the fair value of market risk benefits, net	(418)	(435)	(484)	(713)
Interest credited to policyholder account balances	1,134	954	3,238	2,739
Amortization of deferred policy acquisition costs and value of business acquired	268	263	782	758
Non-deferrable insurance commissions	146	138	435	433
Advisory fee expenses	65	65	194	201
General operating expenses	611	578	1,797	1,741
Interest expense	135	149	441	357
Net (gain) loss on divestitures	1	(2)	(55)	1
Total benefits and expenses	3,044	3,366	12,821	9,770
Income before income tax expense	2,461	3,172	2,703	10,798
Income tax expense	392	640	336	2,151
Net income	2,069	2,532	2,367	8,647
Less:
Net income (loss) attributable to noncontrolling interests	(32)	126	(46)	281
Net income attributable to Corebridge	$ 2,101	$ 2,406	$ 2,413	$ 8,366
Income (loss) per common share attributable to Corebridge common shareholders:
Basic (in dollars per share)	$ 3.29	$ 3.73	$ 3.73	$ 12.97
Diluted (in dollars per share)	$ 3.28	$ 3.72	$ 3.72	$ 12.96
Weighted averages shares outstanding:
Basic (in shares)	639	645.7	646.8	645.2
Diluted (in shares)	641	646.4	648.6	645.4
Net investment income - excluding Fortitude Re funds withheld assets
Revenues:
Total net investment income	$ 2,424	$ 2,003	$ 7,169	$ 6,404
Total net realized gains (losses)	368	724	(397)	1,083
Fortitude Re funds withheld assets
Revenues:
Total net investment income	233	157	897	617
Total net realized gains (losses)	(228)	(89)	(338)	(272)
Fortitude Re funds withheld embedded derivative
Revenues:
Total net realized gains (losses)	$ 1,080	$ 1,463	$ 177	$ 6,694

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Income (Loss) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Policyholder benefits, remeasurement (gains) losses	$ 35	$ 9	$ 192	$ 236

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 2,069	$ 2,532	$ 2,367	$ 8,647
Other comprehensive income (loss), net of tax
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken	(49)	(49)	24	(51)
Change in unrealized appreciation (depreciation) of all other investments	(5,058)	(7,563)	(3,410)	(33,358)
Change in fair value of market risk benefits attributable to changes in our own credit risk	(81)	252	(196)	1,615
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	1,116	1,578	1,137	5,575
Change in cash flow hedges	(14)	(6)	(24)	163
Change in foreign currency translation adjustments	(29)	(79)	43	(149)
Change in retirement plan liabilities	0	0	2	(1)
Other comprehensive income (loss)	(4,115)	(5,867)	(2,424)	(26,206)
Comprehensive income (loss)	(2,046)	(3,335)	(57)	(17,559)
Less:
Comprehensive income attributable to noncontrolling interests	(35)	107	(39)	262
Comprehensive income (loss) attributable to Corebridge	$ (2,011)	$ (3,442)	$ (18)	$ (17,821)

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	Treasury Stock	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	$ 0	$ 8,054	$ 10,937		$ 8,233	$ 1,759
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to Corebridge or noncontrolling interests	8,648			8,366							8,366			282
Other comprehensive income (loss)	(26,206)			(26,187)									(26,187)	(19)
Changes in noncontrolling interests due to divestitures and acquisitions	(104)													(104)
Contributions from noncontrolling interests	45													45
Distributions to noncontrolling interests	(1,117)	$ (5)				6		(1)						(1,117)
Other	(87)			(86)						(24)	(62)			(1)
Dividends on common stock			$ (728)		$ (728)							$ (728)
Balance, end of period at Sep. 30, 2022	9,440			8,595		6	0	0	0	8,030	18,513		(17,954)	845
Balance, beginning of period at Jun. 30, 2022	13,459			12,251		6	0	0	0	8,033	16,318		(12,106)	1,208
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to Corebridge or noncontrolling interests	2,533			2,406							2,406			127
Other comprehensive income (loss)	(5,867)			(5,848)									(5,848)	(19)
Changes in noncontrolling interests due to divestitures and acquisitions	(104)													(104)
Contributions from noncontrolling interests	22													22
Distributions to noncontrolling interests	(399)													(399)
Other	(56)			(66)						(3)	(63)			10
Dividends on common stock			(148)		(148)							(148)
Balance, end of period at Sep. 30, 2022	9,440			8,595		6	0	0	0	8,030	18,513		(17,954)	845
Balance, beginning of period at Dec. 31, 2022	10,319			9,380		6	0	0	0	8,030	18,207		(16,863)	939
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Purchase of common stock	(249)			(249)					(249)
Net income attributable to Corebridge or noncontrolling interests	2,367			2,413							2,413			(46)
Other comprehensive income (loss)	(2,424)			(2,431)									(2,431)	7
Changes in noncontrolling interests due to divestitures and acquisitions	(19)													(19)
Contributions from noncontrolling interests	63													63
Distributions to noncontrolling interests	(54)													(54)
Other	(99)			99						108	(9)			0
Dividends on common stock			(846)		(846)							(846)
Balance, end of period at Sep. 30, 2023	9,256			8,366		6	0	0	(249)	8,138	19,765		(19,294)	890
Balance, beginning of period at Jun. 30, 2023	11,468			10,561		6	0	0	(202)	8,128	17,811		(15,182)	907
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Purchase of common stock	(47)			(47)					(47)
Net income attributable to Corebridge or noncontrolling interests	2,069			2,101							2,101			(32)
Other comprehensive income (loss)	(4,115)			(4,112)									(4,112)	(3)
Contributions from noncontrolling interests	20													20
Distributions to noncontrolling interests	(1)													(1)
Other	8			9						10	(1)			(1)
Dividends on common stock			$ (146)		$ (146)							$ (146)
Balance, end of period at Sep. 30, 2023	$ 9,256			$ 8,366		$ 6	$ 0	$ 0	$ (249)	$ 8,138	$ 19,765		$ (19,294)	$ 890

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2023		Sep. 30, 2022
Cash flows from operating activities:
Net income		$ 2,367		$ 8,647
Non-cash revenues, expenses, gains and losses included in income (loss):
Net losses on sales of securities available for sale and other assets		291		307
Net (gain) loss on divestitures		(55)		1
Unrealized (gains) losses in earnings - net		1,150		(297)
Change in the fair value of market risk benefits, net		(1,056)		(1,032)
Equity in income from equity method investments, net of dividends or distributions		14		(110)
Depreciation and other amortization		346		462
Impairment Charges		20		11
Changes in operating assets and liabilities:
Insurance liabilities		354		845
Premiums and other receivables and payables - net		(335)		(72)
Funds held relating to Fortitude Re Reinsurance contracts		(1,648)		(8,381)
Reinsurance assets and funds held under reinsurance treaties		596		1,067
Capitalization of deferred policy acquisition costs		(941)		(783)
Current and deferred income taxes - net		563		1,100
Other, net		924		385
Total adjustments		223		(6,497)
Net cash provided by operating activities		2,590		2,150
sales or distributions of:
Available-for-sale securities		6,203		9,183
Other securities		774		602
Other invested assets		949		1,556
Divestitures, net		32		0
Maturities of fixed maturity securities available for sale		6,186		7,784
Principal payments received on mortgage and other loans receivable		3,778		4,839
Purchases of:
Available-for-sale securities		(11,101)		(14,385)
Other securities		(1,124)		(3,248)
Other invested assets		(902)		(1,225)
Mortgage and other loans receivable		(6,240)		(9,399)
Acquisition of businesses, net of cash and restricted cash acquired		(5)		(107)
Net change in short-term investments		(776)		87
Net change in derivative assets and liabilities		(1,087)		1,011
Other, net		46		(28)
Net cash used in investing activities		(3,267)		(3,330)
Proceeds from (payments for):
Policyholder contract deposits		24,550		19,831
Policyholder contract withdrawals		(20,409)		(14,736)
Issuance of long term debt		496		7,451
Issuance of short-term debt		0		1,512
Repayments of short-term debt		(500)		(8,312)
Dividends paid on common stock		(846)		(580)
Distributions to noncontrolling interests		(59)		(395)
Contributions from noncontrolling interests		63		45
Net change in securities lending and repurchase agreements		(2,290)		(3,474)
Repurchase of common stock		(246)		0
Other, net		73		(80)
Net cash provided by (used in) financing activities		660		1,032
Effect of exchange rate changes on cash and restricted cash		3		(9)
Net increase (decrease) in cash and restricted cash		(14)		(157)
Cash and restricted cash at beginning of year		633		601
Cash and restricted cash at end of period		581		444
Change in cash of businesses held for sale		(38)		0
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash		569	[1]	382
Total cash and restricted cash shown in the Condensed Consolidated Statements of Cash Flows		581		444
Cash (received) paid during the period for:
Interest		288		238
Taxes		(227)		1,051
Non-cash investing activities:
Fixed maturity securities, designated available for sale, received in connection with pension risk transfer transactions		(2,818)		0
Fixed maturity securities, designated available for sale, transferred in connection with reinsurance transactions		439		204
Fixed maturity securities, designated fair value option, transferred in connection with reinsurance transactions		17		0
Equity securities distributed in lieu of cash to non-consolidated Corebridge affiliate		0		94
Other invested assets securities distributed in lieu of cash to non-consolidated Corebridge affiliate		0		694
Other invested assets securities, transferred in connection with reinsurance transactions		(111)		0
Non-cash financing activities:
Interest credited to policyholder contract deposits included in financing activities		3,217		2,667
Fee income debited to policyholder contract deposits included in financing activities		(1,567)		(1,268)
Non-cash capital contributions		16		0
Distribution in lieu of cash, in equity securities, to non-consolidated Corebridge affiliate		0		(94)
Distribution in lieu of cash, in Other invested assets securities, to non-consolidated Corebridge affiliate		0		(694)
Extinguishment of debt in exchange for partnership interest		0		(172)
Redemption of NCI in exchange for partnership interest		0		(104)
Fixed maturity securities, designated available for sale, transferred to repay debt of consolidated investment entities		0		458
Investment assets transferred in conjunction with fund establishment		0		19
Repayments of debt of consolidated investment entities utilizing fixed maturity securities		0		(474)
Real estate investments transferred in conjunction with fund establishment		0		305
Investment assets received in conjunction with fund establishment		0		(49)
Consolidated VIE
Proceeds from (payments for):
Issuance of long term debt		202		860
Repayments of long-term debt		(374)		(1,090)
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash		54
Short-term investments
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Restricted cash	[2]	3		19
Other assets
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Restricted cash	[2]	$ 9		$ 43
[1] See Note 9

Overview and Basis of Presentat

Overview and Basis of Presentation	9 Months Ended
	Sep. 30, 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”), The United States Life Insurance Company in the City of New York (“USL”),Corebridge Insurance Company of Bermuda, Ltd. (" CRBG Bermuda"), AIG Life Ltd. (“AIG Life (United Kingdom)”), 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. On June 12, 2023, AIG closed a secondary offering of 74,750,000 shares of Corebridge Parent common stock. As of September 30, 2023, AIG owns 65.6% 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. SALE OF BUSINESSES AIG Life (United Kingdom) On September 25, 2023 Corebridge announced that it has entered into a definitive agreement to sell AIG Life (United Kingdom), to Aviva plc for a total consideration of £460 million in cash, subject to certain adjustments. The sale is expected to close in the first half of 2024, subject to customary closing conditions including regulatory approvals. For further details on this transaction, see Note 4. Laya On August 3, 2023, Corebridge announced that it reached a definitive agreement to sell Laya to AXA for total consideration of €650 million in cash, subject to certain adjustments. The transaction closed on October 31, 2023. For further details o n this transaction, see Note 4. 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: • fair value measurements of certain financial assets and liabilities; • 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; 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	9 Months Ended
	Sep. 30, 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 6. Investments • Net realized gains (losses) Note 8. Reinsurance • Reinsurance assets – net of allowance Note 11. Deferred Policy Acquisition Costs • Deferred policy acquisition costs (“DAC”) • Value of business acquired (“VOBA”) • Deferred sales inducements (“DSI”) • Amortization of deferred policy acquisition costs • Non-deferrable insurance commissions Note 13. Future Policy Benefits Note 14 . Policyholder Contract Deposits and Other Policyholder Funds • Policyholder contract deposits • Other policyholder funds Note 15. Market Risk Benefits 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 effective 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 effective 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 (“NPR”) 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. Amounts received as payment for investment-oriented contracts such as universal life, variable annuities, fixed annuities, and fixed index annuities, are reported as deposits to Policyholder contract deposits or Separate account liabilities, as applicable. Revenues from these contracts are recorded in policy fees and consist of policy charges for the cost of insurance, policy administration charges, surrender charges and amortization of URR. Policy fees are recognized as revenues in the period in which they are assessed against policyholders, unless the fees are designed to compensate Corebridge for services to be provided in the future. Prior to the adoption of LDTI effective on January 1, 2021, fees deferred as unearned revenue were amortized in relation to the incidence of estimated gross profits (“EGPs”) to be realized over the estimated lives of the contracts. After January 1, 2021, fees deferred as unearned revenue are amortized on a constant level basis over the estimated lives of the contracts, consistent with the amortization of deferred acquisition costs. This URR is recorded in the Condensed Consolidated Balance Sheets in Other policyholder funds. 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. The Company also adopted the standard in relation to MRBs on a full retrospective basis. As of the 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 (“NPA”) 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 used to measure the liability for future policy benefits 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 Condensed Consolidated Financial Statements as of December 31, 2022 and for three and nine months ended September 30, 2022 have been adjusted to reflect the effects of applying the standard. 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 our own 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 15. 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 13. 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 parenthetical presentation of any resulting re-measurement gain or loss in Policyholder benefits (except for discount rate changes as noted above) in the Condensed Consolidated Statements of Income (Loss). For additional information, see Note 13. • 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 11. • 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, effective as of 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 contracts (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 8 for additional information on the transition impacts associated with LDTI. (b) Refer to Note 11 for additional information on the transition impacts associated with LDTI. (c) Refer to Note 15 for additional information on the transition impacts associated with LDTI. (d) Other assets include deferred sales inducement assets. Refer to Note 11 for additional information on the transition impacts associated with LDTI. (e) Refer to Note 14 for additional information on the transition impacts associated with LDTI. (f) Other policyholder funds include URR. Refer to Note 14 for additional information on the transition impacts associated with LDTI. (g) Other liabilities include deferred cost of reinsurance liabilities. Refer to Note 8 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, effective as of 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 contracts 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 Statements of Income (Loss) for the three and nine months ended September 30, 2022: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI (in millions, except per common share data) Revenues: Premiums $ 1,305 $ (4) $ 1,301 $ 3,046 $ 1 $ 3,047 Policy fees 732 3 735 2,238 (44) 2,194 Total net realized gains (losses) 2,700 (602) 2,098 9,704 (2,199) 7,505 Total revenues 7,141 (603) 6,538 22,810 (2,242) 20,568 Benefits and expenses: Policyholder benefits 1,810 (154) 1,656 4,752 (499) 4,253 Change in the fair value of market risk benefits, net — (435) (435) — (713) (713) Interest credited to policyholder account balances 944 10 954 2,725 14 2,739 Amortization of deferred acquisition costs and value of business acquired 339 (76) 263 1,313 (555) 758 Non-deferrable insurance commissions 156 (18) 138 481 (48) 433 Total benefits and expenses 4,039 (673) 3,366 11,571 (1,801) 9,770 Income (loss) before income tax expense (benefit) 3,102 70 3,172 11,239 (441) 10,798 Income tax expense (benefit): 625 15 640 2,243 (92) 2,151 Net income (loss) 2,477 55 2,532 8,996 (349) 8,647 Net income (loss) attributable to Corebridge 2,351 55 2,406 8,715 (349) 8,366 Income (loss) per common share attributable to Corebridge common shareholders: Common stock - Basic $ 3.64 $ 0.09 $ 3.73 $ 13.51 $ (0.54) $ 12.97 Common stock - Diluted $ 3.63 $ 0.09 $ 3.72 $ 13.50 $ (0.54) $ 12.96 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Condensed Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended September 30, 2022: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI (in millions) Net income $ 2,477 $ 55 $ 2,532 $ 8,996 $ (349) $ 8,647 Other comprehensive income (loss), net of tax Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken (47) (2) (49) (46) (5) (51) Change in unrealized appreciation (depreciation) of all other investments (6,379) (1,184) (7,563) (27,442) (5,916) (33,358) Change in fair value of market risk benefits attributable to changes in our own credit risk — 252 252 — 1,615 1,615 Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts — 1,578 1,578 — 5,575 5,575 Change in foreign currency translation adjustments (78) (1) (79) (150) 1 (149) Other comprehensive income (loss) (6,510) 643 (5,867) (27,476) 1,270 (26,206) Comprehensive income (loss) (4,033) 698 (3,335) (18,480) 921 (17,559) Comprehensive income (loss) attributable to Corebridge (4,140) 698 (3,442) (18,742) 921 (17,821) 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 nine months ended September 30, 2022: Nine Months Ended September 30, 2022 As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI (in millions) Cash flows from operating activities: Net income $ 8,996 $ (349) $ 8,647 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 (2,864) 2,567 (297) Change in the fair value of market risk benefits in earnings, net — (1,032) (1,032) Depreciation and other amortization 1,055 (593) 462 Changes in operating assets and liabilities: Insurance liabilities 1,697 (852) 845 Premiums and other receivables and payables - net (33) (39) (72) Reinsurance assets and funds held under reinsurance treaties 412 655 1,067 Capitalization of deferred policy acquisition costs (735) (48) (783) Current and deferred income taxes - net 1,192 (92) 1,100 Other, net 654 (269) 385 Total adjustments (6,794) 297 (6,497) Net cash provided by operating activities 2,202 (52) 2,150 Cash flows from financing activities: Policyholder contract deposits $ 19,779 $ 52 $ 19,831 Net cash provided by financing activities $ 980 $ 52 $ 1,032 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 7. 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	9 Months Ended
	Sep. 30, 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. Corebridge previously announced agreements to sell Laya and AIG Life (United Kingdom). The sale of Laya closed on [October 31, 2023] and the AIG Life sale is expected to close in the first half of 2024. • 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 or are recognized as embedded derivatives at fair value 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 our own 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 September 30, 2023 Premiums $ 29 $ 6 $ 449 $ 200 $ 19 $ — $ 703 $ (2) $ 701 Policy fees 182 102 371 47 — — 702 — 702 Net investment income (a) 1,240 504 313 408 (2) (7) 2,456 201 2,657 Net realized gains (losses) (a)(b) — — — — (5) — (5) 1,225 1,220 Advisory fee and other income 107 78 29 1 10 — 225 — 225 Total adjusted revenues 1,558 690 1,162 656 22 (7) 4,081 1,424 5,505 Policyholder benefits 29 12 673 389 — — 1,103 (1) 1,102 Change in the fair value of market risk benefits, net — — — — — — — (418) (418) Interest credited to policyholder account balances 582 298 86 165 — — 1,131 3 1,134 Amortization of deferred policy acquisition costs 150 21 95 2 — — 268 — 268 Non-deferrable insurance commissions 90 29 22 5 — — 146 — 146 Advisory fee expenses 35 29 1 — — — 65 — 65 General operating expenses 96 109 149 20 85 — 459 152 611 Interest expense — — — — 132 (4) 128 7 135 Net (gain) loss on divestitures — — — — — — — 1 1 Total benefits and expenses 982 498 1,026 581 217 (4) 3,300 (256) 3,044 Noncontrolling interests — — — — 32 — 32 Adjusted pre-tax operating income (loss) $ 576 $ 192 $ 136 $ 75 $ (163) $ (3) $ 813 Adjustments to: Total revenue 1,424 Total expenses (256) Noncontrolling interests (32) Income before income tax (benefit) $ 2,461 $ 2,461 Three Months Ended September 30, 2022 Premiums $ 56 $ 3 $ 417 $ 804 $ 20 $ — $ 1,300 $ 1 $ 1,301 Policy fees 192 101 393 49 — — 735 — 735 Net investment income (a) 940 491 307 257 39 (3) 2,031 129 2,160 Net realized gains (losses) (a)(b) — — — — 132 — 132 1,966 2,098 Advisory fee and other income 108 74 28 — 31 — 241 3 244 Total adjusted revenues 1,296 669 1,145 1,110 222 (3) 4,439 2,099 6,538 Policyholder benefits 69 5 666 918 — — 1,658 (2) 1,656 Change in the fair value of market risk benefits, net — — — — — — — (435) (435) Interest credited to policyholder account balances 492 289 84 85 — — 950 4 954 Amortization of deferred policy acquisition costs 139 20 102 2 — — 263 — 263 Non-deferrable insurance commissions 87 31 15 4 1 — 138 — 138 Advisory fee expenses 34 31 — — — — 65 — 65 General operating expenses 100 103 154 18 97 1 473 105 578 Interest expense — — — — 144 (8) 136 13 149 Net (gain) loss on divestitures — — — — — — — (2) (2) Total benefits and expenses 921 479 1,021 1,027 242 (7) 3,683 (317) 3,366 Noncontrolling interests — — — — (126) — (126) Adjusted pre-tax operating income (loss) $ 375 $ 190 $ 124 $ 83 $ (146) $ 4 $ 630 Adjustments to: Total revenue 2,099 Total expenses (317) Noncontrolling interests 126 Income before income tax (benefit) $ 3,172 $ 3,172 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Nine Months Ended September 30, 2023 Premiums $ 173 $ 16 $ 1,317 $ 3,686 $ 59 $ — $ 5,251 $ (2) $ 5,249 Policy fees 528 304 1,117 145 — — 2,094 — 2,094 Net investment income (a) 3,592 1,508 957 1,147 85 (18) 7,271 795 8,066 Net realized gains (losses) (a)(b) — — — — — — — (558) (558) Advisory fee and other income 318 230 84 1 40 — 673 — 673 Total adjusted revenues 4,611 2,058 3,475 4,979 184 (18) 15,289 235 15,524 Policyholder benefits 165 27 2,102 4,188 (3) — 6,479 (6) 6,473 Change in the fair value of market risk benefits, net — — — — — — — (484) (484) Interest credited to policyholder account balances 1,654 883 253 421 — — 3,211 27 3,238 Amortization of deferred policy acquisition costs 425 62 289 6 — — 782 — 782 Non-deferrable insurance commissions 270 90 60 14 1 — 435 — 435 Advisory fee expenses 105 87 2 — — — 194 — 194 General operating expenses 308 334 475 64 261 — 1,442 355 1,797 Interest expense — — — — 433 (14) 419 22 441 Net (gain) loss on divestitures — — — — — — — (55) (55) Total benefits and expenses 2,927 1,483 3,181 4,693 692 (14) 12,962 (141) 12,821 Noncontrolling interests — — — — 46 — 46 Adjusted pre-tax operating income (loss) $ 1,684 $ 575 $ 294 $ 286 $ (462) $ (4) $ 2,373 Adjustments to: Total revenue 235 Total expenses (141) Noncontrolling interests (46) Income before income tax expense (benefit) $ 2,703 $ 2,703 Nine Months Ended September 30, 2022 Premiums $ 172 $ 16 $ 1,282 $ 1,538 $ 62 $ — $ 3,070 $ (23) $ 3,047 Policy fees 563 319 1,167 145 — — 2,194 — 2,194 Net investment income (a) 2,824 1,506 1,013 760 361 (13) 6,451 570 7,021 Net realized gains (losses) (a)(b) — — — — 143 — 143 7,362 7,505 Advisory fee and other income 346 232 94 1 101 — 774 27 801 Total adjusted revenues 3,905 2,073 3,556 2,444 667 (13) 12,632 7,936 20,568 Policyholder benefits 212 28 2,144 1,880 — — 4,264 (11) 4,253 Change in the fair value of market risk benefits, net — — — — — — — (713) (713) Interest credited to policyholder account balances 1,412 859 256 215 — — 2,742 (3) 2,739 Amortization of deferred policy acquisition costs 384 59 310 5 — — 758 — 758 Non-deferrable insurance commissions 265 89 62 15 2 — 433 — 433 Advisory fee expenses 106 95 — — — — 201 — 201 General operating expenses 318 332 479 55 297 2 1,483 258 1,741 Interest expense — — — — 349 (29) 320 37 357 Net (gain) loss on divestitures — — — — — — — 1 1 Total benefits and expenses 2,697 1,462 3,251 2,170 648 (27) 10,201 (431) 9,770 Noncontrolling interests — — — — (281) — (281) Adjusted pre-tax operating income (loss) $ 1,208 $ 611 $ 305 $ 274 $ (262) $ 14 $ 2,150 Adjustments to: Total revenue 7,936 Total expenses (431) Noncontrolling interests 281 Income before income tax expense (benefit) $ 10,798 $ 10,798 (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments.

Held-For-Sale Classification

Held-For-Sale Classification	9 Months Ended
	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Held-For-Sale Classification	4. Held-For-Sale Classification HELD-FOR-SALE CLASSIFICATION We report and classify a business as held-for-sale (“Held-For-Sale Business”) when management has approved or received approval to sell the business and is committed to a formal plan, the business is available for immediate sale, the business is being actively marketed, the sale is anticipated to occur during the next 12 months and certain other specified criteria are met. A Held-For-Sale Business is recorded at the lower of its carrying amount or estimated fair value less cost to sell. If the carrying amount of the business exceeds its estimated fair value less cost to sell, a loss is recognized. Assets and liabilities related to a Held-For-Sale Business are segregated and reported in Assets held-for-sale and Liabilities held-for-sale, respectively, in our Condensed Consolidated Balance Sheets beginning in the period in which the business is classified as held-for-sale. At September 30, 2023, the following businesses were reported and classified as held-for-sale: AIG Life (United Kingdom) To further simplify Corebridge’s business model, on September 25, 2023, Corebridge announced that it entered into a definitive agreement to sell its subsidiary, AIG Life (United Kingdom), to Aviva plc for £460 million in cash, subject to certain adjustments. The sale is expected to close in the first half of 2024, subject to regulatory approvals and other customary closing conditions. The results of AIG Life (United Kingdom) are reported in the Life segment. Laya and Other To further simplify Corebridge’s business model, on August 3, 2023, Corebridge announced that it entered into a definitive agreement to sell its subsidiary, Laya, to AXA for €650 million in cash, subject to certain adjustments. The transaction closed on October 31, 2023. Th e results of Laya are reported in the Life segment. Other primarily consists of owner occupied real estate. The following table summarizes the components of assets and liabilities held-for-sale on the Condensed Consolidated Balance Sheet at September 30, 2023 after elimination of intercompany balances: September 30, 2023 AIG Life Laya and Other Total (in millions) Assets: Bonds available for sale $ 137 $ — $ 137 Other invested assets — — — Short-term investments, including restricted cash of $22 million 32 76 108 Cash 2 15 17 Accrued investment income 3 — 3 Premiums and other receivables, net of allowance for credit losses and disputes 127 15 142 Reinsurance assets - other, net of allowance for credit losses and disputes 794 — 794 Deferred income taxes 35 1 36 Deferred policy acquisition costs 755 — 755 Other assets, net of allowance for credit losses 109 139 248 Total assets held for sale $ 1,994 $ 246 $ 2,240 Liabilities: Future policy benefits for life and accident and health insurance contracts $ 592 $ — $ 592 Other policy funds — 40 40 Other liabilities 989 36 1,025 Total liabilities held for sale $ 1,581 $ 76 $ 1,657

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. 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 There were no changes to valuation methodologies of financial instruments measured at fair value with the exception of the valuation methodologies listed below which were impacted by the adoption of LDTI. For additional information on valuation methodologies not impacted by the adoption of LDTI, see Note 4 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 index, 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 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 NPA 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. The corporate credit indices are observable for the first 30 years. For years 30 to 50, the yield is derived using market observable yields. Yields for years 50 to 100 are extrapolated using a flat forward approach, maintaining a constant forward spread through the period. MRBs are measured using a NPA that is a locked-in estimate of our claims-paying ability at policy issue (“locked-in NPA”) as well as a NPA that reflects an estimate of our current claims-paying ability (“current NPA”). When MRBs are remeasured each period, both the interest rates and current NPA are updated. Changes in the swap curve and the time value accretion of the at-issue NPA are recorded to net income while the difference between the MRBs measured using the at-issue NPA and the current NPA is recorded to OCI. For embedded derivatives, changes in the interest rates and the period-over-period change in the NPA are recorded to net income. (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Three Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, $ 853 $ (2) $ (77) $ (12) $ — $ — $ — $ 762 $ — $ (81) Corporate debt 1,303 (3) (65) (13) 147 (185) — 1,184 — (70) RMBS 5,753 74 (66) (13) 1 (22) — 5,727 — (106) CMBS 505 5 (28) (2) 33 — — 513 — (27) CLO 1,708 24 32 (40) 2 (11) 72 1,787 — 34 ABS 11,127 41 (167) 477 551 (2) — 12,027 — (153) Total bonds available for sale 21,249 139 (371) 397 734 (220) 72 22,000 — (403) Other bond securities: Obligations of states, municipalities and political subdivisions 3 — — (2) — — — 1 — — Corporate debt 110 1 — 65 — — — 176 3 — RMBS 112 (4) — (2) — — — 106 (4) — CMBS 26 (2) — — — — — 24 (3) — CLO 25 5 — (3) — (2) 44 69 3 — ABS 864 (2) — (33) — — — 829 (10) — Total other bond securities 1,140 (2) — 25 — (2) 44 1,205 (11) — Equity securities 44 — — 1 1 — — 46 — — Other invested assets 1,914 (17) (13) 72 34 — — 1,990 (14) — Total (a) $ 24,347 $ 120 $ (384) $ 495 $ 769 $ (222) $ 116 $ 25,241 $ (25) $ (403) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 6,813 $ (716) $ — $ 230 $ — $ — $ — $ 6,327 $ 972 $ — Derivative liabilities, net: Interest rate contracts (328) (183) — (10) — — — (521) 150 — Foreign exchange contracts — — — — — — — — — — Equity contracts (639) 244 — (121) — — 148 (368) (148) — Credit contracts — — — — — — — — — — Other contracts (15) (16) — 15 — — — (16) 16 — Total derivative liabilities, net (b) (982) 45 — (116) — — 148 (905) 18 — Fortitude Re funds withheld payable 1,460 (1,080) — (177) — — — 203 1,061 — Debt of consolidated investment entities — — — — — — — — — — Total (c) $ 7,291 $ (1,751) $ — $ (63) $ — $ — $ 148 $ 5,625 $ 2,051 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other (d) Fair Value Changes in Changes in Three Months Ended September 30, 2022 Assets: Bonds available for sale: Obligations of states, $ 931 $ — $ (106) $ (34) $ 1 $ (7) $ — $ 785 $ — $ (165) Corporate debt 1,836 (28) (32) (207) 1,360 (118) — 2,811 — (42) RMBS 6,144 73 (203) (179) 1 (9) — 5,827 — (177) CMBS 766 — (28) (55) 12 (11) — 684 — (37) CLO 2,798 (52) (3) (320) 222 (316) (701) 1,628 — (36) ABS 8,304 22 (416) 547 107 — — 8,564 — (450) Total bonds available for sale 20,779 15 (788) (248) 1,703 (461) (701) 20,299 — (907) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — — — — — — — Corporate debt 461 (4) — 65 29 (1) — 550 (7) — RMBS 119 (4) — 4 — — — 119 (4) — CMBS 29 (2) — — — — — 27 (3) — CLO 130 20 — (125) 12 (16) 1,345 1,366 (2) — ABS 704 (30) — 54 — — — 728 (36) — Total other bond securities 1,443 (20) — (2) 41 (17) 1,345 2,790 (52) — Equity securities 7 — — 7 — — — 14 — — Other invested assets 1,803 58 (25) (124) — (22) — 1,690 39 — Total (a) $ 24,032 $ 53 $ (813) $ (367) $ 1,744 $ (500) $ 644 $ 24,793 $ (13) $ (907) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 4,728 $ (274) $ — $ 289 $ — $ — $ — $ 4,743 $ 287 $ — Derivative liabilities, net: Interest rate contracts (137) (27) — (41) — — — (205) 29 — Foreign exchange contracts — (1) — 1 — — — — 1 — Equity contracts (145) 94 — (102) — — — (153) (89) — Credit contracts — — — — — — — — — — Other contracts (15) (16) — 15 — — — (16) 16 — Total derivative liabilities, net (b) (297) 50 — (127) — — — (374) (43) — Fortitude Re funds withheld payable 2,349 (1,463) — (89) — — — 797 1,506 — Debt of consolidated investment entities 6 (3) — 2 — — — 5 — — Total (c) $ 6,786 $ (1,690) $ — $ 75 $ — $ — $ — $ 5,171 $ 1,750 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, $ 805 $ (2) $ (26) $ (15) $ — $ — $ — $ 762 $ — $ (54) Corporate debt 1,968 (95) (23) (40) 358 (968) (16) 1,184 — (52) RMBS 5,670 230 27 (195) 33 (38) — 5,727 — (41) CMBS 718 5 (69) (42) 57 (156) — 513 — (98) CLO 1,670 (21) 58 (85) 67 (165) 263 1,787 — (13) ABS 9,595 136 (1) 1,717 589 (9) — 12,027 — (36) Total bonds available for sale 20,426 253 (34) 1,340 1,104 (1,336) 247 22,000 — (294) Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 2 — (51) — (192) — 176 2 — RMBS 107 2 — (3) — — — 106 (1) — CMBS 28 (4) — — — — — 24 (4) — CLO 11 14 — (49) 39 (44) 98 69 3 — ABS 741 18 — 105 — (35) — 829 (4) — Total other bond securities 1,304 32 — 3 39 (271) 98 1,205 (4) — Equity securities 26 — — 26 1 (7) — 46 — — Other invested assets 1,832 (80) (6) 210 34 — — 1,990 (77) — Total (a) $ 23,588 $ 205 $ (40) $ 1,579 $ 1,178 $ (1,614) $ 345 $ 25,241 $ (81) $ (294) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,367 $ 94 $ — $ 866 $ — $ — $ — $ 6,327 $ 296 $ — Derivative liabilities, net: Interest rate contracts (303) (68) — (150) — — — (521) 95 — Foreign exchange contracts — — — — — — — — — — Equity contracts (267) 44 — (436) — — 291 (368) (8) — Credit contracts — — — — — — — — — — Other contracts (14) (48) — 46 — — — (16) 48 — Total derivative liabilities, net (b) (584) (72) — (540) — — 291 (905) 135 — Fortitude Re funds withheld payable 1,262 (177) — (882) — — — 203 641 — Debt of consolidated investment entities 6 1 — (7) — — — — — — Total (c) $ 6,051 $ (154) $ — $ (563) $ — $ — $ 291 $ 5,625 $ 1,072 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other (d) Fair Value Changes in Changes in Nine Months Ended September 30, 2022 Assets: Bonds available for sale: Obligations of states, $ 1,395 $ 1 $ (527) $ (94) $ 17 $ (7) $ — $ 785 $ — $ (317) Corporate debt 1,907 (45) (146) (190) 1,664 (379) — 2,811 — (149) RMBS 7,595 231 (908) (672) 1 (420) — 5,827 — (843) CMBS 1,072 13 (127) 20 12 (306) — 684 — (130) CLO 3,038 (71) (167) (238) 1,254 (1,487) (701) 1,628 — (167) ABS 7,400 62 (1,237) 2,252 107 (20) — 8,564 — (1,321) Total bonds available for sale 22,407 191 (3,112) 1,078 3,055 (2,619) (701) 20,299 — (2,927) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — — — — — — — Corporate debt 134 (9) — 190 251 (16) — 550 (8) — RMBS 106 (13) — 26 — — — 119 (24) — CMBS 33 (6) — — — — — 27 (5) — CLO 149 (1) — (131) 69 (65) 1,345 1,366 (264) — ABS 205 (72) — 595 — — — 728 (94) — Total other bond securities 627 (101) — 680 320 (81) 1,345 2,790 (395) — Equity securities 2 — — 11 1 — — 14 — — Other invested assets 1,892 301 (51) (295) 24 (181) — 1,690 310 — Total (a) $ 24,928 $ 391 $ (3,163) $ 1,474 $ 3,400 $ (2,881) $ 644 $ 24,793 $ (85) $ (2,927) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,572 $ (1,477) $ — $ 648 $ — $ — $ — $ 4,743 $ 1,724 $ — Derivative liabilities, net: Interest rate contracts — (22) — (183) — — — (205) 21 — Foreign exchange contracts — (1) — 1 — — — — 1 — Equity contracts (457) 482 — (178) — — — (153) (272) — Credit contracts (1) 1 — — — — — — — — Other contracts (12) (46) — 42 — — — (16) 47 — Total derivative liabilities, net (b) (470) 414 — (318) — — — (374) (203) — Fortitude Re funds withheld payable 7,974 (6,694) — (483) — — — 797 7,009 — Debt of consolidated investment entities 5 — — — — — — 5 — — Total (c) $ 13,081 $ (7,757) $ — $ (153) $ — $ — $ — $ 5,171 $ 8,530 $ — (a) Excludes MRB assets of $978 million at September 30, 2023 and $743 million at September 30, 2022. Refer to Note 15 for additional information. (b) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. (c) Excludes MRB liabilities of $4.5 billion at September 30, 2023 and $4.6 billion at September 30, 2022. Refer to Note 15 for additional information. (d) 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. As a result of these transactions, we own all of the interests related to these investments and consolidate them in our financial statements. 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 September 30, 2023 Assets: Bonds available for sale $ — $ 162 $ (23) $ — $ — $ 139 Other bond securities — (2) — — — (2) Equity securities — — — — — — Other invested assets — (14) (3) — — (17) Three Months Ended September 30, 2022 Assets: Bonds available for sale $ — $ 68 $ (53) $ — $ — $ 15 Other bond securities — (20) — — — (20) Equity securities — — — — — — Other invested assets — 58 — — — 58 Nine Months Ended September 30, 2023 Assets: Bonds available for sale $ — $ 312 $ (59) $ — $ — $ 253 Other bond securities — 32 — — — 32 Equity securities — — — — — — Other invested assets — (78) (2) — — (80) Nine Months Ended September 30, 2022 Assets: Bonds available for sale $ — $ 291 $ (100) $ — $ — $ 191 Other bond securities — (101) — — — (101) Equity securities — — — — — — Other invested assets — 301 — — — 301 (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 September 30, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ 716 $ — $ — $ 716 Derivative liabilities, net 16 — (265) — 204 (45) Fortitude Re funds withheld payable — — 1,080 — — 1,080 Market risk benefit liabilities, net (c) — — 1 — 879 880 Debt of consolidated investment entities — — — — — — Three Months Ended September 30, 2022 Liabilities: Policyholder contract deposits (b) $ — $ — $ 274 $ — $ — $ 274 Derivative liabilities, net 17 — (120) — 53 (50) Fortitude Re funds withheld payable — — 1,463 — — 1,463 Market risk benefit liabilities, net (c) — — 2 — 720 722 Debt of consolidated investment entities — — — 3 — 3 Nine Months Ended September 30, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ (94) $ — $ — $ (94) Derivative liabilities, net 47 — (34) — 59 72 Fortitude Re funds withheld payable — — 177 — — 177 Market risk benefit liabilities, net (c) — — 4 — 1,676 1,680 Debt of consolidated investment entities — (1) — — — (1) Nine Months Ended September 30, 2022 Liabilities: Policyholder contract deposits (b) $ — $ — $ 1,477 $ — $ — $ 1,477 Derivative liabilities, net 46 — (600) — 140 (414) Fortitude Re funds withheld payable — — 6,694 — — 6,694 Market risk benefit liabilities, net (c) — — 10 — 1,677 1,687 Debt of consolidated investment entities — — — — — — (a) The portion of the fair value change attributable to our own credit risk is recognized in OCI. (b) Primarily embedded derivatives. (c) Market risk benefit assets and liabilities have been netted in these tables for presentation purposes only. (in millions) Purchases Sales Issuances Purchases, Sales, Three Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ — $ (12) Corporate debt 192 (30) (175) (13) RMBS 175 — (188) (13) CMBS — — (2) (2) CLO 18 (7) (51) (40) ABS 510 — (33) 477 Total bonds available for sale 895 (49) (449) 397 Other bond securities: Obligations of states, municipalities and political subdivisions — (2) — (2) Corporate debt 89 — (24) 65 RMBS — — (2) (2) CMBS — — — — CLO — — (3) (3) ABS 35 (8) (60) (33) Total other bond securities 124 (10) (89) 25 Equity securities 1 — — 1 Other invested assets 74 — (2) 72 Total assets* $ 1,094 $ (59) $ (540) $ 495 Liabilities: Policyholder contract deposits $ — $ 348 $ (118) $ 230 Derivative liabilities, net (28) — (88) (116) Fortitude Re funds withheld payable — — (177) (177) Debt of consolidated investment entities — — — — Total liabilities $ (28) $ 348 $ (383) $ (63) Three Months Ended September 30, 2022 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ — $ (34) $ (34) Corporate debt 21 (39) (189) (207) RMBS 56 — (235) (179) CMBS — — (55) (55) CLO 165 (25) (460) (320) ABS 416 — 131 547 Total bonds available for sale 658 (64) (842) (248) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 4 (3) 64 65 RMBS 7 — (3) 4 CMBS — — — — CLO 1 (123) (3) (125) ABS 62 — (8) 54 Total other bond securities 74 (126) 50 (2) Equity securities 6 — 1 7 Other invested assets 28 — (152) (124) Total assets* $ 766 $ (190) $ (943) $ (367) (in millions) Purchases Sales Issuances Purchases, Sales, Liabilities: Policyholder contract deposits $ — $ 239 $ 50 $ 289 Derivative liabilities, net (126) — (1) (127) Fortitude Re funds withheld payable — — (89) (89) Debt of consolidated investment entities — — 2 2 Total liabilities $ (126) $ 239 $ (38) $ 75 (in millions) Purchases Sales Issuances and Settlements Purchases, Sales, Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ (3) $ (15) Corporate debt 222 (30) (232) (40) RMBS 406 (42) (559) (195) CMBS 9 (27) (24) (42) CLO 100 (7) (178) (85) ABS 1,713 — 4 1,717 Total bonds available for sale 2,450 (118) (992) 1,340 Other bond securities: Obligations of states, municipalities and political subdivisions 3 (2) — 1 Corporate debt 156 — (207) (51) RMBS 6 — (9) (3) CMBS — — — — CLO 1 — (50) (49) ABS 148 (8) (35) 105 Total other bond securities 314 (10) (301) 3 Equity securities 26 — — 26 Other invested assets 225 — (15) 210 Total assets* $ 3,015 $ (128) $ (1,308) $ 1,579 Liabilities: Policyholder contract deposits $ — $ 1,076 $ (210) $ 866 Derivative liabilities, net (229) — (311) (540) Fortitude Re funds withheld payable — — (882) (882) Debt of consolidated investment entities — — (7) (7) Total liabilities $ (229) $ 1,076 $ (1,410) $ (563) (in millions) Purchases Sales Issuances and Settlements Purchases, Sales, Nine Months Ended September 30, 2022 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (59) $ (35) $ (94) Corporate debt 25 (39) (176) (190) RMBS 327 — (999) (672) CMBS 98 — (78) 20 CLO 337 (25) (550) (238) ABS 2,365 — (113) 2,252 Total bonds available for sale 3,152 (123) (1,951) 1,078 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 29 (3) 164 190 RMBS 37 — (11) 26 CMBS — — — — CLO 14 (123) (22) (131) ABS 609 — (14) 595 Total other bond securities 689 (126) 117 680 Equity securities 10 — 1 11 Other invested assets 537 — (832) (295) Total assets* $ 4,388 $ (249) $ (2,665) $ 1,474 Liabilities: Policyholder contract deposits $ — $ 656 $ (8) $ 648 Derivative liabilities, net (290) — (28) (318) Fortitude Re funds withheld payable — — (483) (483) Debt of consolidated investment entities — — — — Total liabilities $ (290) $ 656 $ (519) $ (153) * There were no issuances during the three and nine months ended September 30, 2023 and 2022 for invested assets. 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 $6 million and $(26) million of net gains (losses) related to assets transferred into Level 3 during the three months ended September 30, 2023 and 2022, respectively, and $13 million and $(79) million of net gains (losses) related to assets transferred into Level 3 during the nine months ended September 30, 2023 and 2022, respectively, and includes $(22) million and $(30) million of net gains (losses) related to assets transferred out of Level 3 during the three months ended September 30, 2023 and 2022, respectively, and $(12) million and $(113) million of net gains (losses) related to assets transferred out of Level 3 during the nine months ended September 30, 2023 and 2022, respectively. Transfers of Level 3 Assets During the three and nine months ended September 30, 2023 and 2022, transfers into Level 3 assets primarily included certain investments in private placement corporate debt, commercial mortgage-backed securities (“CMBS”), RMBS, CLO, asset backed securities (“ABS”) and certain investments in municipal securities. 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 and nine months ended September 30, 2023 and 2022, transfers out of Level 3 assets primarily included private placement and other corporate debt, CMBS, RMBS, CLO and ABS. 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 transfers of derivative or other liabilities into or out of Level 3 for the three and nine months ended September 30, 2023. During the three and nine months ended September 30, 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 September 30, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 739 Discounted cash flow Yield 5.64% - 6.05% (5.85%) Corporate debt $ 1,085 Discounted cash flow Yield 5.39% - 9.00% (7.19%) RMBS (c) $ 3,455 Discounted cash flow Prepayment Speed 3.90% - 8.91% (6.41%) Default Rate 0.75% - 2.40% (1.58%) Yield 5.38% - 7.31% (6.34%) Loss Severity 44.26% - 77.73% (60.99%) CLO (c) $ 1,460 Discounted cash flow Yield 7.45% - 9.17% (7.83%) ABS (c) $ 10,154 Discounted cash flow Yield 6.40% - 8.33% (7.36%) CMBS $ 450 Discounted cash flow Yield 5.69% - 16.31% (10.95%) Market risk benefit assets $ 978 Discounted cash flow Equity volatility 6.65% - 52.35% 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) 0.62% - 2.08% Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 1,835 Discounted cash flow Equity volatility 6.65% - 52.35% 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) 0.62% - 2.08% Fixed annuities guaranteed benefits $ 824 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) 0.62% - 2.08% (in millions) Fair Value at September 30, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Fixed index annuities guaranteed benefits $ 1,860 Discounted cash flow Equity volatility 6.65% - 52.35% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 146.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.62% - 2.08% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities (i) $ 5,573 Discounted cash flow Equity volatility 6.65% - 52.35% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 146.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.62% - 2.08% Index Life $ 754 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality rates 0.00% - 100.00% Equity Volatility 5.75% - 21.25% NPA (g) 0.62% - 2.08% (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 (i) $ 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 rates 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. (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 rela

Investments

Investments	9 Months Ended
	Sep. 30, 2023
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Investments	6. 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) September 30, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 1,422 $ — $ 3 $ (325) $ 1,100 Obligations of states, municipalities and political subdivisions 6,479 — 15 (1,092) 5,402 Non-U.S. governments 4,671 (3) 13 (982) 3,699 Corporate debt 118,243 (69) 439 (23,238) 95,375 Mortgage-backed, asset-backed and collateralized: RMBS 13,312 (27) 587 (1,091) 12,781 CMBS 10,919 (10) 14 (1,323) 9,600 CLO 10,620 (1) 78 (179) 10,518 ABS 14,288 — 23 (1,408) 12,903 Total mortgage-backed, asset-backed and collateralized 49,139 (38) 702 (4,001) 45,802 Total bonds available for sale $ 179,954 $ (110) $ 1,172 $ (29,638) $ 151,378 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 $36 million and $39 million, and an amortized cost of $42 million and $43 million as of September 30, 2023 and December 31, 2022, respectively. Additionally, this includes CLOs which had a fair value of $15 million and an amortized cost of $15 million as of September 30, 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 September 30, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 287 $ 158 $ 421 $ 167 $ 708 $ 325 Obligations of states, municipalities and political subdivisions 2,269 475 2,606 617 4,875 1,092 Non-U.S. governments 1,090 292 2,342 687 3,432 979 Corporate debt 34,822 8,978 53,095 14,210 87,917 23,188 RMBS 5,146 504 3,449 559 8,595 1,063 CMBS 4,476 651 4,179 668 8,655 1,319 CLO 2,940 59 4,040 120 6,980 179 ABS 5,199 385 6,239 1,023 11,438 1,408 Total bonds available for sale $ 56,229 $ 11,502 $ 76,371 $ 18,051 $ 132,600 $ 29,553 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 September 30, 2023, we held 16,375 individual fixed maturity securities that were in an unrealized loss position and for which no allowance for credit losses has been recorded (including 10,813 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 September 30, 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 September 30, 2023 Due in one year or less $ 2,206 $ 2,171 Due after one year through five years 21,584 20,546 Due after five years through ten years 24,083 21,016 Due after ten years 82,870 61,843 Mortgage-backed, asset-backed and collateralized 49,101 45,802 Total $ 179,844 $ 151,378 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 September 30, Nine Months Ended September 30, 2023 2022 2023 2022 (in millions) Gross Gross Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 14 $ (23) $ 11 $ (115) $ 98 $ (441) $ 104 $ (593) For the three and nine months ended September 30, 2023, the aggregate fair value of available for sale securities sold was $0.5 billion and $6.2 billion, respectively, which resulted in net realized gains (losses) of $(9) million and $(343) million, respectively. Included within the net realized gains (losses) are $(5) million and $(68) million of realized gains (losses) for the three and nine months ended September 30, 2023, 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. For the three and nine months ended September 30, 2022, the aggregate fair value of available-for-sale securities sold was $1.0 billion and $8.6 billion, respectively, which resulted in net realized gains (losses) of $(104) million and $(489) million, respectively. Included within the net realized gains (losses) are $(62) million and $(185) million of realized gains (losses) for the three and nine months ended September 30, 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: September 30, 2023 December 31, 2022 (in millions) Fair Value* Percent Fair Value* Percent Fixed maturity securities: U.S. government and government sponsored entities $ — — % $ — — % — % Obligations of states, municipalities and political subdivisions 43 1 % 37 1 % Non-U.S. governments 12 — % 22 1 % Corporate debt 2,395 56 % 2,222 56 % Mortgage-backed, asset-backed and collateralized: RMBS 174 4 % 165 4 % CMBS 234 5 % 232 6 % CLO 416 10 % 279 7 % ABS 912 21 % 812 21 % Total mortgage-backed, asset-backed and collateralized 1,736 40 % 1,488 38 % Total fixed maturity securities 4,186 97 % 3,769 96 % Equity securities 126 3 % 170 4 % Total $ 4,312 100 % $ 3,939 100 % OTHER INVESTED ASSETS The following table summarizes the carrying amounts of other invested assets: (in millions) September 30, 2023 December 31, 2022 Alternative investments (a)(b) $ 7,924 $ 8,014 Investment real estate (c) 1,859 1,831 All other investments (d) 653 573 Total (e) $ 10,436 $ 10,418 (a) At September 30, 2023, included hedge funds of $451 million and private equity funds of $7.5 billion. At December 31, 2022, included hedge funds of $884 million and private equity funds of $7.1 billion. (b) The majority of our hedge fund investments are redeemable upon a single month or quarter’s notice, though redemption terms vary from single, immediate withdrawals, to withdrawals staggered up to eight quarters. Some of the portfolio consists of illiquid run-off or “side-pocket” positions whose liquidation horizons are uncertain and likely beyond a year after submission of the redemption notice. (c) Net of accumulated depreciation of $642 million and $616 million as of September 30, 2023 and December 31, 2022, respectively. The accumulated depreciation related to the investment real estate held by legacy affordable housing partnerships was $106 million and $124 million as of September 30, 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 September 30, 2023 and December 31, 2022, respectively. (e) Includes investments in related parties, which totaled $2.2 million and $6 million as of September 30, 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 September 30, 2023 and December 31, 2022: September 30, 2023 December 31, 2022 (in millions) Carrying Ownership Carrying Ownership Equity method investments $ 3,005 Various $ 3,185 Various NET INVESTMENT INCOME The following table presents the components of Net investment income: Three Months Ended September 30, 2023 2022 (in millions) Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 1,976 $ 201 $ 2,177 $ 1,677 $ 228 $ 1,905 Other bond securities 7 (35) (28) (62) (120) (182) Equity securities 9 — 9 (5) — (5) Interest on mortgage and other loans 529 51 580 447 45 492 Alternative investments* (7) 25 18 (6) 11 5 Real estate 9 — 9 13 — 13 Other investments 25 (1) 24 39 — 39 Total investment income 2,548 241 2,789 2,103 164 2,267 Investment expenses 124 8 132 100 7 107 Net investment income $ 2,424 $ 233 $ 2,657 $ 2,003 $ 157 $ 2,160 Nine Months Ended September 30, 2023 2022 (in millions) Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 5,777 $ 626 $ 6,403 $ 4,949 $ 733 $ 5,682 Other bond securities 25 76 101 (115) (362) (477) Equity securities 41 — 41 (82) — (82) Interest on mortgage and other loans 1,605 150 1,755 1,228 131 1,359 Alternative investments* 72 69 141 625 138 763 Real estate 28 — 28 34 — 34 Other investments 36 (1) 35 91 — 91 Total investment income 7,584 920 8,504 6,730 640 7,370 Investment expenses 415 23 438 326 23 349 Net investment income $ 7,169 $ 897 $ 8,066 $ 6,404 $ 617 $ 7,021 * Included income from hedge funds and private equity funds. 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. • Most changes in the fair value of free standing and embedded derivatives, including changes in the non-performance adjustment are included in Net realized gains (losses). However, changes in derivatives designated as hedging instruments when the fair value of the hedged item is not reported in Net realized gains (losses) are excluded from Net realized gains (losses). Additionally, in conjunction with the adoption of LDTI, changes in the fair value of free standing derivatives that hedge certain MRBs are excluded from 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 September 30, 2023 2022 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (4) $ (5) $ (9) $ (42) $ (62) $ (104) Change in allowance for credit losses on fixed maturity securities (41) (7) (48) (9) 8 (1) Change in allowance for credit losses on loans (25) (25) (50) (40) (22) (62) Foreign exchange transactions, net of related hedges 135 (20) 115 525 44 569 Index-Linked interest credited embedded derivatives, net of related hedges 133 — 133 35 — 35 All other derivatives and hedge accounting* 141 (170) (29) 120 (89) 31 Sales of alternative investments and real estate investments 40 (1) 39 137 32 169 Other (11) — (11) (2) — (2) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative 368 (228) 140 724 (89) 635 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — 1,080 1,080 — 1,463 1,463 Net realized gains (losses) $ 368 $ 852 $ 1,220 $ 724 $ 1,374 $ 2,098 Nine Months Ended September 30, 2023 2022 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (275) $ (68) $ (343) $ (304) $ (185) $ (489) Change in allowance for credit losses on fixed maturity securities (84) (9) (93) (56) (32) (88) Change in allowance for credit losses on loans (107) (52) (159) (53) (22) (75) Foreign exchange transactions, net of related hedges 31 (11) 20 1,034 82 1,116 Index-Linked interest credited embedded derivatives, net of related hedges (186) — (186) 220 — 220 All other derivatives and hedge accounting* 235 (199) 36 105 (151) (46) Sales of alternative investments and real estate investments 48 (1) 47 147 35 182 Other (59) 2 (57) (10) 1 (9) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (397) (338) (735) 1,083 (272) 811 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — 177 177 — 6,694 6,694 Net realized gains (losses) $ (397) $ (161) $ (558) $ 1,083 $ 6,422 $ 7,505 * Derivative activity related to hedging MRBs is recorded in Change in the fair value of MRBs, net. For additional disclosures about MRBs, see Note 15. 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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ (6,369) $ (10,044) $ (4,133) $ (42,320) Other investments (1) (4) 11 (4) Total increase (decrease) in unrealized appreciation (depreciation) of investments* $ (6,370) $ (10,048) $ (4,122) $ (42,324) 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 September 30, 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 $ 9 $ 56 $ 65 $ (5) $ (38) $ (43) Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 26 6 32 1 6 7 Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (17) $ 50 $ 33 $ (6) $ (44) $ (50) Nine Months Ended September 30, 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 $ 42 $ 210 $ 252 $ (82) $ 308 $ 226 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 59 15 74 (47) (10) (57) Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (17) $ 195 $ 178 $ (35) $ 318 $ 283 EVALUATING INVESTMENTS FOR AN ALLOWANCE FOR CREDIT LOSSES For a discussion of our policy for evaluating investments for an allowance for credit losses, see Note 5 to the Consolidated Financial Statements in the June 2023 Registration Statement . 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 September 30, 2023 2022 (in millions) Structured Non-Structured Total Structured Non-Structured Total Balance, beginning of period $ 40 $ 50 $ 90 $ 19 $ 95 $ 114 Additions: Securities for which allowance for credit losses were not previously recorded 12 47 59 1 15 16 Reductions: Securities sold during the period (1) (3) (4) (1) (11) (12) 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 (14) (11) 5 (20) (15) Write-offs charged against the allowance (16) (8) (24) — (10) (10) Balance, end of period $ 38 $ 72 $ 110 $ 24 $ 69 $ 93 Nine Months Ended September 30, 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 27 75 102 35 111 146 Reductions: Securities sold during the period (2) (30) (32) (2) (45) (47) 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 2 (11) (9) (17) (42) (59) Write-offs charged against the allowance (16) (83) (99) — (25) (25) Balance, end of period $ 38 $ 72 $ 110 $ 24 $ 69 $ 93 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 nine months ended September 30, 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) September 30, 2023 December 31, 2022 Fixed maturity securities available for sale $ 764 $ 2,968 At September 30, 2023 and December 31, 2022, amounts borrowed under repurchase agreements totaled $733 million 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 September 30, 2023 Bonds available for sale: Non-U.S. governments $ — $ 38 $ — $ — $ — $ 38 Corporate debt 34 692 — — — 726 Total $ 34 $ 730 $ — $ — $ — $ 764 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 September 30, 2023 and December 31, 2022. There were no reverse repurchase agreements at September 30, 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 $6.0 billion and $3.5 billion at September 30, 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 $268 million and $222 million of stock in FHLBs at September 30, 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 $4.9 billion and $2.9 billion, respectively, at September 30, 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 $102 million and $56 million at September 30, 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 (“IFS”) 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 $101 million and $63 million at September 30, 2023 and December 31, 2022, respectively. 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 $236 million and $144 million at September 30, 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 8.

Lending Activities

Lending Activities	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Lending Activities	7. Lending Activities The following table presents the composition of Mortgage and other loans receivable, net: (in millions) September 30, 2023 December 31, 2022 Commercial mortgages (a) $ 34,018 $ 32,993 Residential mortgages 7,850 5,856 Life insurance policy loans 1,761 1,750 Commercial loans, other loans and notes receivable (b) 3,177 4,567 Total mortgage and other loans receivable 46,806 45,166 Allowance for credit losses (c) (752) (600) Mortgage and other loans receivable, net $ 46,054 $ 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 September 30, 2023, and 20% and 11%, respectively, at December 31, 2022). The weighted average loan-to-value ratio for NY and CA was 60% and 55% at September 30, 2023, respectively, and 59% and 53% at December 31, 2022, respectively. The debt service coverage ratio for NY and CA was 1.9X and 2.1X at September 30, 2023, respectively, and 2.0X and 2.1X at December 31, 2022, respectively. (b) There were no loans that were held for sale which are carried at lower of cost or market as of September 30, 2023. The net carrying value of these loans was $170 million as of December 31, 2022. (c) Does not include allowance for credit losses of $61 million and $60 million at September 30, 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 September 30, 2023, $18 million and $622 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 September 30, 2023, accrued interest receivable was $20 million and $156 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*: September 30, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total >1.2X $ 1,432 $ 5,636 $ 1,951 $ 1,235 $ 4,939 $ 12,655 $ 27,848 1.00 - 1.20X 107 1,000 1,243 296 200 2,368 5,214 <1.00X — 38 — — — 918 956 Total commercial mortgages $ 1,539 $ 6,674 $ 3,194 $ 1,531 $ 5,139 $ 15,941 $ 34,018 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 September 30, 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*: September 30, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total Less than 65% $ 1,373 $ 4,446 $ 2,363 $ 1,087 $ 3,628 $ 10,984 $ 23,881 65% to 75% 166 1,656 509 239 1,461 3,307 7,338 76% to 80% — 532 43 — — 171 746 Greater than 80% — 40 279 205 50 1,479 2,053 Total commercial mortgages $ 1,539 $ 6,674 $ 3,194 $ 1,531 $ 5,139 $ 15,941 $ 34,018 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 59% at September 30, 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 (c) September 30, 2023 Credit Quality Performance Indicator: In good standing 621 $ 13,871 $ 8,493 $ 3,459 $ 5,907 $ 1,802 $ 315 $ 33,847 99% 90 days or less delinquent 1 — 15 — — — — 15 —% >90 days delinquent or in process of foreclosure (a) 1 — 156 — — — — 156 —% Total (b) 623 $ 13,871 $ 8,664 $ 3,459 $ 5,907 $ 1,802 $ 315 $ 34,018 99% Allowance for credit losses $ 84 $ 435 $ 50 $ 81 $ 27 $ 4 $ 681 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 (a) 3 — 167 — — — — 167 1% Total (b) 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) Includes $156 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 September 30, 2023 and December 31, 2022, respectively. (b) Does not reflect allowance for credit losses. (c) 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. The following table presents credit quality performance indicators for residential mortgages by year of vintage: September 30, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total FICO*: 780 and greater $ 354 $ 507 $ 2,294 $ 628 $ 241 $ 505 $ 4,529 720 - 779 821 581 549 168 99 214 2,432 660 - 719 215 248 102 40 37 123 765 600 - 659 2 21 10 8 9 50 100 Less than 600 — — 2 2 4 16 24 Total residential mortgages $ 1,392 $ 1,357 $ 2,957 $ 846 $ 390 $ 908 $ 7,850 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 September 30, 2023 2022 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Allowance, beginning of period $ 621 $ 68 $ 689 $ 414 $ 70 $ 484 Loans charged off (1) — (1) — — — Net charge-offs (1) — (1) — — — Addition to (release of) allowance for loan losses 61 3 64 51 13 64 Allowance, end of period $ 681 $ 71 $ 752 $ 465 $ 83 $ 548 Nine Months Ended September 30, 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) (4) — (4) Net charge-offs (5) — (5) (4) — (4) Addition to (release of) allowance for loan losses 155 2 157 46 10 56 Allowance, end of period $ 681 $ 71 $ 752 $ 465 $ 83 $ 548 * Does not include allowance for credit losses of $61 million and $76 million, respectively, at September 30, 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. LOAN MODIFICATIONS The allowance for credit losses incorporates an estimate of lifetime expected credit losses and is recorded on each asset upon asset origination or acquisition. The starting point for the estimate of the allowance for credit losses is historical loss information, which includes losses from modifications of receivables to borrowers experiencing financial difficulty. We use a probability of default/loss given default model to determine the allowance for credit losses for our commercial and residential mortgage loans. An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. Because the effect of most modifications made to borrowers experiencing financial difficulty is already included in the allowance for credit losses utilizing the measurement methodologies used to estimate the allowance, a change to the allowance for credit losses is generally not recorded upon modification. When modifications are executed, they often will be in the form of principal forgiveness, term extensions, interest rate reductions, or some combination of any of these concessions. When principal is forgiven, the amortized cost basis of the asset is written off against the allowance for credit losses. The amount of the principal forgiveness is deemed to be uncollectible; therefore, that portion of the loan is written off, resulting in a reduction of the amortized cost basis and a corresponding adjustment to the allowance for credit losses. We assess whether a borrower is experiencing financial difficulty based on a variety of factors, including the borrower’s current default on any of its outstanding debt, the probability of a default on any of its debt in the foreseeable future without the modification, the insufficiency of the borrower’s forecasted cash flows to service any of its outstanding debt (including both principal and interest), and the borrower’s inability to access alternative third party financing at an interest rate that would be reflective of current market conditions for a non-troubled debtor. During the three and nine-month periods ended September 30, 2023, commercial mortgage loans with an amortized cost of $32 million and commercial loans, other loans and notes receivable with an amortized cost of $168 million were granted term extensions. The modified loans represent less than 1 percent of each of these two portfolio segments. These modifications added less than one year to the weighted average life of loans in each of these two portfolio segments. There were no loans that had defaulted during the nine-month period ended September 30, 2023, that had been previously modified with borrowers experiencing financial difficulties. Prior to January 1, 2023, we were required to assess loan modifications to determine if they were a TDR. A TDR was a modification of a loan with a borrower that was experiencing financial difficulty and the modification involved us granting a concession to the troubled borrower. Concessions previously granted included extended maturity dates, interest rate changes, principal or interest forgiveness, payment deferrals and easing of loan covenants. During the nine-month period ended September 30, 2022, loans with a carrying value of $143 million were modified as TDRs. Effective January 1, 2023, we are no longer required to assess whether loan modifications are TDRs.

Reinsurance

Reinsurance	9 Months Ended
	Sep. 30, 2023
Insurance [Abstract]
Reinsurance	8. 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, 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 liabilities 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 related to the funds withheld payable 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: September 30, 2023 December 31, 2022 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available for sale $ 13,957 $ 13,957 $ 16,339 $ 16,339 Fair value through other comprehensive income Fixed maturity securities - fair value option 3,777 3,777 3,485 3,485 Fair value through net investment income Commercial mortgage loans 3,530 3,244 3,490 3,241 Amortized cost Real estate investments 122 295 133 348 Amortized cost Private equity funds/hedge funds 1,856 1,856 1,893 1,893 Fair value through net investment income Policy loans 335 335 355 355 Amortized cost Short-term Investments 120 120 69 69 Fair value through net investment income Funds withheld investment assets 23,697 23,584 25,764 25,730 Derivative assets, net (a) — — 90 90 Fair value through realized gains (losses) Other (b) 751 751 731 731 Amortized cost Total $ 24,448 $ 24,335 $ 26,585 $ 26,551 (a) The derivative assets and liabilities have been presented net of cash collateral. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $10 million and $2 million, respectively, as of September 30, 2023. The derivative assets supporting the Fortitude Re funds withheld arrangements had a fair market value of $189 million as of December 31, 2022. 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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Net investment income - Fortitude Re funds withheld assets $ 233 $ 157 $ 897 $ 617 Net realized losses on Fortitude Re funds withheld assets: Net realized losses Fortitude Re funds withheld assets (228) (89) (338) (272) Net realized gains Fortitude Re funds withheld embedded derivatives 1,080 1,463 177 6,694 Net realized gains (losses) on Fortitude Re funds withheld assets 852 1,374 (161) 6,422 Income before income tax expense 1,085 1,531 736 7,039 Income tax expense* (228) (321) (155) (1,478) Net income 857 1,210 581 5,561 Change in unrealized depreciation of the invested assets supporting the Fortitude Re modco arrangement classified as available for sale* (820) (1,091) (534) (5,242) Comprehensive income $ 37 $ 119 $ 47 $ 319 * The income tax expense (benefit) and the tax impact in OCI 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 reflected above. 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 liabilities. 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 September 30, 2023 wer e $26.9 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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Balance, beginning of period $ 66 $ 107 $ 84 $ 101 Current period provision for expected credit losses and disputes 4 1 (14) 7 Write-offs charged against the allowance for credit losses and disputes — — — — Other changes — — — — Balance, end of period $ 70 $ 108 $ 70 $ 108 There w ere no material recoveries of credit losses previously written off for th e three and nine months ended September 30, 2023 or 2022. Past-Due Status We consider a reinsurance asset to be past due when it is 90 days past due and 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 16.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	9. Variable Interest Entities A 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 September 30, 2023 Assets: Bonds available for sale $ — $ 67 $ 67 Other bond securities 2 — 2 Equity securities 7 — 7 Mortgage and other loans receivable — 1,956 1,956 Other invested assets Alternative investments (a) 2,849 — 2,849 Investment real estate 1,414 — 1,414 Short-term investments 134 10 144 Cash 54 — 54 Accrued investment income — 5 5 Other assets 90 1 91 Total assets (b) $ 4,550 $ 2,039 $ 6,589 Liabilities: Debt of consolidated investment entities $ 1,186 $ 1,164 $ 2,350 Other liabilities 70 4 74 Total liabilities $ 1,256 $ 1,168 $ 2,424 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 September 30, 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 September 30, 2023 and December 31, 2022, together, the Company and AIG affiliates have commitments to internal parties of $1.9 billion and $2.1 billion and commitments to external parties of $0.4 billion and $0.6 billion, respectively. At September 30, 2023, $1.2 billion out of the internal commitments was from subsidiaries of Corebridge entities and $0.6 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 months 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. The following table presents the revenue, net income (loss) attributable to noncontrolling interests and net income (loss) attributable to Corebridge associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Statements of Income (Loss): Real Estate and Securitization Affordable Investment and Repackaging Housing (in millions) Entities Vehicles Partnerships Total Three Months Ended September 30, 2023 Total revenue $ (21) $ 18 $ — $ (3) Net income attributable to noncontrolling interests (32) — — (32) Net income (loss) attributable to Corebridge (5) 12 — 7 Three Months Ended September 30, 2022 Total revenue $ 214 $ (22) $ — $ 192 Net income attributable to noncontrolling interests 126 — — 126 Net income (loss) attributable to Corebridge 77 (73) — 4 Nine Months Ended September 30, 2023 Total revenue $ 48 $ 95 $ — $ 143 Net income attributable to noncontrolling interests (46) — — (46) Net income (loss) attributable to Corebridge 47 66 — 113 Nine Months Ended September 30, 2022 Total revenue $ 602 $ 91 $ — $ 693 Net income attributable to noncontrolling interests 280 1 — 281 Net income (loss) attributable to Corebridge 286 (32) — 254 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 September 30, 2023 Real estate and investment entities (a) $ 383,670 $ 5,575 $ 2,827 $ 8,402 Total $ 383,670 $ 5,575 $ 2,827 $ 8,402 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 September 30, 2023 and December 31, 2022, $5.5 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 5 and 6.

Derivatives and Hedge Accountin

Derivatives and Hedge Accounting	9 Months Ended
	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedge Accounting	10. 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 5, 14 and 15. 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: September 30, 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 $ 179 $ 191 $ 3,042 $ 92 $ 155 $ 202 $ 1,798 $ 77 Foreign exchange contracts 6,427 623 376 19 3,535 575 3,354 176 Derivatives not designated as hedging instruments: (a) Interest rate contracts 33,952 2,057 29,295 4,071 27,656 1,371 21,553 2,599 Foreign exchange contracts 11,408 835 1,788 254 4,630 672 6,673 456 Equity contracts 40,896 1,417 24,637 854 26,041 417 9,962 27 Other contracts (b) 45,311 16 — — 47,128 15 48 — Total derivatives, gross $ 138,173 $ 5,139 $ 59,138 $ 5,290 $ 109,145 $ 3,252 $ 43,388 $ 3,335 Counterparty netting (c) (3,680) (3,680) (2,547) (2,547) Cash collateral (d) (1,187) (1,520) (406) (691) Total derivatives on Condensed Consolidated Balance Sheets (e) $ 272 $ 90 $ 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 September 30, 2023 and December 31, 2022. The fair value of liabilities related to bifurcated embedded derivatives was $6.6 billion and $6.7 billion at September 30, 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 8. 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: September 30, 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 $ 73,591 $ 4,136 $ 48,641 $ 4,965 $ 60,633 $ 3,177 $ 42,109 $ 3,154 Total derivatives with third parties 64,582 1,003 10,497 325 48,512 75 1,279 181 Total derivatives, gross $ 138,173 $ 5,139 $ 59,138 $ 5,290 $ 109,145 $ 3,252 $ 43,388 $ 3,335 As of September 30, 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: September 30, 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 $ 6,753 $ — $ 6,520 $ — Commercial mortgage and other loans (a) — (23) — (25) Policyholder contract deposits (b) (4,750) 71 (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 $148 million and $255 million at September 30, 2023 and December 31, 2022, respectively. Collateral posted by us to related parties for derivative transactions was $2.2 billion and $1.5 billion at September 30, 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 $693 million and $40 million at September 30, 2023 and December 31, 2022, respectively. Collateral provided to us from related parties for derivative transactions was $640 million and $380 million at September 30, 2023 and December 31, 2022, respectively. In the case of collateral provided to us under derivativ e 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 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 both third parties and 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 and nine months ended September 30, 2023 , $7 million and $21 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 $181 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. During 2023, we designated certain interest rate swaps as cash flow hedges of floating-rate investment assets. Related to such swaps, for the three and nine months ended September 30, 2023, we recognized derivative gains (losses) o f $(11) million and $(11) million, respectively, in AOCI and $(1) million and $(1) million, respectively, in net investme nt income. 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 and nine months ended September 30, 2023 of $3 million and $1 million, respectively, and for the three and nine months ended September 30, 2022 of $7 million and $16 million, respectively, included in Change in foreign currency translation adjustment in OCI related to the net investment hedge relationships. T he 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 September 30, 2023 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (57) — 54 (3) Net investment income 1 — (1) — Foreign exchange contracts: Realized gains (losses) 226 (124) (226) (124) Three Months Ended September 30, 2022 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (66) — 64 (2) Net investment income 25 — (24) 1 Foreign exchange contracts: Realized gains (losses) 418 105 (418) 105 Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Nine Months Ended September 30, 2023 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (14) — 3 (11) Net investment income 1 — — 1 Foreign exchange contracts: Realized gains (losses) 64 (15) (64) (15) Nine Months Ended September 30, 2022 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (156) — 157 1 Net investment income 26 — (25) 1 Foreign exchange contracts: Realized gains (losses) 949 181 (949) 181 (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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 By Derivative Type: Interest rate contracts $ (618) $ (536) $ (734) $ (2,218) Foreign exchange contracts 268 893 78 1,797 Equity contracts (459) 27 (507) (93) Credit contracts — — — (1) Other contracts 25 16 50 48 Embedded derivatives within policyholder contract deposits 718 277 (101) 1,494 Fortitude Re funds withheld embedded derivative 1,080 1,463 177 6,694 Total (a) $ 1,014 $ 2,140 $ (1,037) $ 7,721 By Classification: Policy fees $ 16 $ 16 $ 48 $ 45 Net investment income 1 8 (1) 6 Net realized gains - excluding Fortitude Re funds withheld assets 538 978 133 2,001 Net realized losses on Fortitude Re funds withheld assets (155) (31) (197) (39) Net realized gains on Fortitude Re funds withheld embedded derivatives 1,080 1,463 177 6,694 Policyholder benefits (5) (7) (5) (21) Change in the Fair value of market risk benefits (b) (461) (287) (1,192) (965) Total (b) $ 1,014 $ 2,140 $ (1,037) $ 7,721 (a) Includes gains (losses) with related parties of $(744) million and $240 million for the three months ended September 30, 2023 and 2022, respectively, and $(984) million and $(1.2) billion for the nine months ended September 30, 2023 and 2022, respectively. (b) This represents activity related to derivatives that economically hedged changes in 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 15. 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. Th e fair values of these hybrid securities were both zero at September 30, 2023 and December 31, 2022. These securities have par amounts of $25 million and $25 million at September 30, 2023 and December 31, 2022, respectively, and have remaining stated maturity dates that extend to 2052.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	9 Months Ended
	Sep. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Policy Acquisition Costs	11. 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 AOCI. 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 for those with limited to no exposure to policyholder behavior risk, (i.e., certain investment contracts), is grouped and amortized on a constant level basis (i.e., approximating straight line amortization with adjustments for expected terminations) over the expected term of the related contracts using assumptions consistent with those used in estimating the related liability for future policy benefits, or any other related balances, for those corresponding contracts, as applicable. Capitalized expenses are only included in DAC amortization as expenses are incurred. For amortization purposes, contracts are grouped into annual cohorts by issue year and product and to segregate reinsured and non-reinsured contracts. For life insurance contracts, amortization is based on insurance in-force, while initial deposits are used for deferred annuity contracts, structured settlements and pension risk transfer products. Changes in future assumptions (e.g., expected duration of contracts or amount of coverage expected to be in force) are applied by adjusting the amortization rate prospectively. The Company has elected to implicitly account for actual experience, whether favorable or unfavorable, in its amortization expense each period. DAC is capped at the amount of expenses capitalized as the DAC balance does not accrue interest. DAC is not subject to recoverability testing. VOBA: 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 deferred policy acquisition costs for long-duration contracts: 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 and value of business acquired related to long-duration contracts for the nine months ended September 30, 2023 and 2022: Individual Group Life Institutional Total (in millions) DAC Balance at January 1, 2023 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 519 55 341 22 937 Amortization expense (424) (62) (282) (6) (774) Other, including foreign exchange — — 5 — 5 Reclassified to Assets held-for-sale — — (684) — (684) Balance at September 30, 2023 $ 4,738 $ 1,053 $ 4,098 $ 67 $ 9,956 Balance at January 1, 2022 $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 Capitalization 419 44 306 13 782 Amortization expense (384) (59) (303) (5) (751) Other, including foreign exchange 1 — (105) — (104) Balance at September 30, 2022 $ 4,640 $ 1,063 $ 4,663 $ 46 $ 10,412 VOBA: Balance at January 1, 2023 $ 3 $ 1 $ 87 $ — $ 91 Amortization expense (1) — (7) — (8) Other, including foreign exchange — — 5 — 5 Reclassified to Assets held-for-sale — — (71) — (71) Balance at September 30, 2023 $ 2 $ 1 $ 14 $ — $ 17 Individual Group Life Institutional Total (in millions) Balance at January 1, 2022 $ 3 $ 1 $ 109 $ — $ 113 Amortization expense — — (7) — (7) Other, including foreign exchange (1) — (15) — (16) Balance at September 30, 2022 $ 2 $ 1 $ 87 $ — $ 90 Total DAC and VOBA: Balance at September 30, 2023 $ 9,973 Balance at September 30, 2022 $ 10,502 Balance at December 31, 2022 $ 10,563 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 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 Other comprehensive income. 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 was reducing DSI. The following table presents a rollforward of deferred sales inducement assets related to long-duration contracts for the nine months ended September 30, 2023 and 2022: Nine Months Ended September 30, 2023 2022 Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 Capitalization 5 — 5 5 — 5 Amortization expense (41) (10) (51) (41) (10) (51) Balance, end of period $ 345 $ 167 $ 512 $ 392 $ 181 $ 573 Other reconciling items* 1,302 1,845 Other assets, including restricted cash $ 1,814 $ 2,418 * Other reconciling items include prepaid expenses, goodwill, intangible assets and any similar items.

Future Policy Benefits

Future Policy Benefits	9 Months Ended
	Sep. 30, 2023
Insurance [Abstract]
Future Policy Benefits	13. Future Policy Benefits 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 Other comprehensive income. 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 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 NPR. 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 yields. 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 NPRs 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 NPRs in excess of 100% for certain cohorts at transition, with an offset to Retained earnings. 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. 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 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: Nine Months Ended September 30, 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 — — 34 — 21 55 Effect of actual variances from expected experience — — 36 — 16 52 Adjusted beginning of year balance — — 13,596 — 1,094 14,690 Issuances — — 986 — — 986 Interest accrual — — 325 — 34 359 Net premium collected — — (1,093) — (90) (1,183) Foreign exchange impact — — 44 — — 44 Other — — 11 — (3) 8 Ending balance at original discount rate — — 13,869 — 1,035 14,904 Effect of changes in discount rate assumptions (AOCI) — — (2,199) — (95) (2,294) Reclassified to Liabilities held-for-sale — — (3,784) — — (3,784) Balance, end of period $ — $ — $ 7,886 $ — $ 940 $ 8,826 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) — — 62 — 76 138 Effect of actual variances from expected experience (a) (1) (1) 85 21 (10) 94 Adjusted beginning of year balance 1,389 212 24,750 15,119 21,578 63,048 Issuances 141 16 978 3,503 4 4,642 Interest accrual 38 8 679 478 770 1,973 Benefit payments (95) (20) (1,461) (810) (1,121) (3,507) Foreign exchange impact — — 54 48 — 102 Other — — 8 — (18) (10) Ending balance at original discount rate 1,473 216 25,008 18,338 21,213 66,248 Effect of changes in discount rate assumptions (AOCI) (217) (9) (4,397) (3,512) (2,214) (10,349) Reclassified to Liabilities held-for-sale — — (4,352) — — (4,352) Balance, end of period $ 1,256 $ 207 $ 16,259 $ 14,826 $ 18,999 $ 51,547 Net liability for future policy benefits, end of period 1,256 207 8,373 14,826 18,059 42,721 Liability for future policy benefits for certain participating contracts — — 13 — 1,308 1,321 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,223 — 55 3,278 Deferred profit liability 80 9 18 1,428 865 2,400 Other reconciling items (c) 34 — 508 — 93 635 Future policy benefits for life and accident and health insurance contracts 1,370 216 12,135 16,254 20,380 50,355 Less: Reinsurance recoverable: (4) — (700) (37) (20,380) (21,121) Net liability for future policy benefits after reinsurance recoverable $ 1,366 $ 216 $ 11,435 $ 16,217 $ — $ 29,234 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.4 6.6 11.9 10.9 10.8 Nine Months Ended September 30, 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 — — 123 — — 123 Effect of actual variances from expected experience — — (19) — 5 (14) Adjusted beginning of year balance — — 13,767 — 1,129 14,896 Issuances — — 1,050 — — 1,050 Interest accrual — — 297 — 37 334 Net premium collected — — (1,060) — (93) (1,153) Foreign exchange impact — — (854) — — (854) Other — — (1) — — (1) Ending balance at original discount rate — — 13,199 — 1,073 14,272 Effect of changes in discount rate assumptions (AOCI) — — (2,111) — (80) (2,191) Balance, end of period $ — $ — $ 11,088 $ — $ 993 $ 12,081 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) — — 140 (6) — 134 Effect of actual variances from expected experience (a) (16) (2) (24) (11) (24) (77) Adjusted beginning of year balance 1,262 216 24,841 13,003 21,977 61,299 Issuances 156 9 1,055 1,507 8 2,735 Interest accrual 31 7 657 333 787 1,815 Benefit payments (86) (18) (1,317) (602) (1,118) (3,141) Foreign exchange impact — — (1,093) (555) — (1,648) Other — — (2) — (11) (13) Ending balance at original discount rate 1,363 214 24,141 13,686 21,643 61,047 Effect of changes in discount rate assumptions (AOCI) (188) (4) (3,844) (2,786) (1,546) (8,368) Balance, end of period $ 1,175 $ 210 $ 20,297 $ 10,900 $ 20,097 $ 52,679 Net liability for future policy benefits, end of period 1,175 210 9,209 10,900 19,104 40,598 Liability for future policy benefits for certain participating contracts — — 14 — 1,349 1,363 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,177 — 55 3,232 Deferred profit liability 92 12 14 1,148 898 2,164 Other reconciling items (c) 30 — 547 — 101 678 Future policy benefits for life and accident and health insurance contracts 1,297 222 12,961 12,048 21,507 48,035 Less: Reinsurance recoverable: (4) — (1,069) (37) (21,491) (22,601) Net liability for future policy benefits after reinsurance recoverable $ 1,293 $ 222 $ 11,892 $ 12,011 $ 16 $ 25,434 Weighted average liability duration of the liability for future policy benefits (d) 7.4 6.8 11.9 10.1 11.2 (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. (e) Includes balances that were reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets . See Note 4 for additional information. For the nine months ended September 30, 2023 and 2022 in the traditional and term life insurance block, capping of net premium ratios at 100% caused a (credit)/charge to net income of $(1) million and $11 million, respectively. The discount rate was updated based on market observable information. Relative to the prior period, the increase in upper-medium-grade fixed income yields resulted in a decrease in the liability for future policy benefits. The following table presents the amount of undiscounted expected future benefit payments and undiscounted and discounted expected gross premiums for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2023 2022 Individual Retirement Undiscounted expected future benefits and expense $ 2,119 $ 1,889 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 315 $ 324 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Life Insurance (a) Undiscounted expected future benefits and expense $ 39,763 $ 38,238 Undiscounted expected future gross premiums $ 29,789 $ 28,584 Discounted expected future gross premiums (at current discount rate) $ 18,596 $ 17,965 Institutional Markets Undiscounted expected future benefits and expense $ 33,025 $ 21,866 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Corporate and Other (b) Undiscounted expected future benefits and expense $ 43,250 $ 44,919 Undiscounted expected future gross premiums $ 2,141 $ 2,305 Discounted expected future gross premiums (at current discount rate) $ 1,372 $ 1,481 (a) Includes balances that have been reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets. See Note 4 for additional information. (b) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Nine Months Ended September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Individual Retirement $ 164 $ 160 $ 38 $ 31 Group Retirement 16 16 8 7 Life Insurance 1,781 1,751 354 360 Institutional Markets 3,709 1,558 478 333 Corporate and Other 161 168 736 750 Total $ 5,831 $ 3,653 $ 1,614 $ 1,481 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: September 30, 2023 Individual Group Life Institutional Corporate and Other Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.14 % 3.97 % 4.87 % Weighted-average interest rate, current discount rate * 5.92 % 5.90 % 5.92 % 5.87 % 5.94 % September 30, 2022 Weighted-average interest rate, original discount rate 3.42 % 5.20 % 4.13 % 3.41 % 4.89 % Weighted-average interest rate, current discount rate 5.52 % 5.50 % 5.56 % 5.56 % 5.57 % * Weighted-average interest rates for Life Insurance include balances that have been reclassified to Liabilities held-for-sale. The weighted average interest rates are calculated using projected future net liability cash flows that are aggregated to the segment level, and are represented as an annual rate. Actuarial Assumption Updates for Liability for Future Policy Benefits In 2023, Corebridge recognized an unfavorable impact to net income due to other refinements on Life products offset in part by mortality assumption updates. In 2022, Corebridge recognized a favorable impact to net income (mostly offset by corresponding DPL adjustment) due to updates to mortality and retirement assumptions on certain pension risk transfer products. Deferred Profit Liability: Corebridge issues certain annuity and life insurance contracts where premiums are paid up-front or for a shorter period than benefits will be paid (i.e., limited pay contracts). A DPL is required to be established to avoid recognition of gains when these contracts are issued. DPLs are amortized over the life of the contracts to align the revenue recognized with the related benefit expenses. The DPL is amortized in a constant relationship to the amount of discounted insurance in force for life insurance or expected future benefit payments for annuity contracts over the term of the contract. Prior to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard Limited pay contracts were subject to a lock-in concept and assumptions derived at policy issue were not subsequently updated unless a loss recognition event occurred. The net premiums were recorded as revenue. 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 unearned revenue (deferred profit) was recorded in the Condensed Consolidated Balance Sheets in Other policyholder funds. Subsequent to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard 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 deferred profit liability accretes interest and is recorded in the Condensed Consolidated Balance Sheets in Future policy benefits. Cash flow assumptions included in the measurement of the DPL are the same as those utilized in the respective LFPBs and are reviewed at least annually. The cash flow estimates for DPLs are updated on a retrospective catch-up basis at the same time as the cash flow estimates for the related LFPBs. The updated LFPB cash flows are used to recalculate the DPL at the inception of the applicable related LFPB cohort. The difference between the recalculated DPL at the beginning of the current reporting period and the carrying amount of the DPL at the current reporting period is recognized as a gain or loss in policyholder benefits in the Condensed Consolidated Statements of Income (Loss). The following table presents the transition rollforward for deferred profit liability for long-duration contracts: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 deferred profit liability balance $ 2 $ — $ 5 $ 64 $ — $ 71 Adjustments for the reclassification from/(to) the liability for the future policy benefits 65 8 — 766 859 1,698 Post-adoption January 1, 2021 deferred profit liability balance $ 67 $ 8 $ 5 $ 830 $ 859 $ 1,769 Adjustments for the reclassification between the liability for future policy benefits and deferred profit liability represent changes in the NPRs 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. Additional Liabilities: For universal-life type products, insurance benefits in excess of the account balance are generally recognized as expenses in the period incurred unless the design of the product is such that future charges are insufficient to cover the benefits, in which case an “additional liability” is accrued over the life of the contract. These additional liabilities are included in Future policy benefits for life and accident and health insurance contracts in the Condensed Consolidated Balance Sheets. Prior to the adoption of the standard, our additional liabilities consisted primarily of GMDBs on annuities, as well as universal-life contracts with secondary guarantees. Subsequent to the adoption of this standard, the GMDBs have been reclassified and reported as MRBs, while the universal-life contracts with secondary guarantees continue to be reported as additional liabilities. The following table presents the transition rollforward of the additional liabilities : Individual Group Life Corporate and Other Total (in millions) Pre-adoption December 31, 2020 additional liabilities $ 1,391 $ 219 $ 5,117 $ 55 $ 6,782 Adjustment for the reclassification of additional liabilities from Future policy benefits to Market risk benefits (a) (875) (130) — — (1,005) Adjustment for removal of related balances in Accumulated other comprehensive income (loss) originating from unrealized gains (losses) (b) (516) (89) — — (605) Post-adoption January 1, 2021 additional liabilities $ — $ — $ 5,117 $ 55 $ 5,172 (a) Adjustments for the reclassification of additional liabilities from Future policy benefits to MRBs represent 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. For additional information on the transition impacts associated with LDTI, see Note 13. (b) Adjustments for the removal of related balances in AOCI originating from unrealized gains (losses) relate to the additional liabilities reclassified from Future policy benefits in the line above. Post-adoption, our additional liabilities primarily consist of universal life policies with secondary guarantees and these additional liabilities are recognized in addition to the policyholder account balances. For universal life policies with secondary guarantees, as well as other universal life policies for which profits followed by losses are expected at contract inception, a liability is recognized based on a benefit ratio of (a) the present value of total expected payments, in excess of the account value, over the life of the contract, divided by (b) the present value of total expected assessments over the life of the contract. For universal life policies without secondary guarantees, for which profits followed by losses are first expected after contract inception, we establish a liability, in addition to policyholder account balances, so that expected future losses are recognized in proportion to the emergence of profits in the earlier (profitable) years. Universal life account balances are reported within Policyholder contract deposits, while these additional liabilities are reported within the liability for future policy benefits in the Condensed Consolidated Balance Sheets. These additional liabilities are also adjusted to reflect the effect of unrealized gains or losses on fixed maturity securities available for sale on accumulated assessments, with related changes recognized through Other comprehensive income. The policyholder behavior assumptions for these liabilities include mortality, lapses and premium persistency. The capital market assumptions used for the liability for universal life secondary guarantees include discount rates and net earned rates. The following table presents the balances and changes in the liability for universal life policies with secondary guarantees and similar features: Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Life Corporate and Other Total Life Corporate and Other Total (in millions, except duration of liability) Balance, beginning of year $ 3,300 $ 55 $ 3,355 $ 4,952 $ 55 $ 5,007 Effect of changes in assumptions (41) — (41) (24) — (24) Effect of changes in experience 174 (3) 171 245 (3) 242 Adjusted beginning balance $ 3,433 $ 52 $ 3,485 $ 5,173 $ 52 $ 5,225 Assessments 518 1 519 528 1 529 Excess benefits paid (681) — (681) (697) — (697) Interest accrual 95 2 97 94 2 96 Other 20 — 20 (14) — (14) Changes related to unrealized appreciation (depreciation) of investments (162) — (162) (1,907) — (1,907) Balance, end of period $ 3,223 $ 55 $ 3,278 $ 3,177 $ 55 $ 3,232 Less: Reinsurance recoverable (162) — (162) (214) — (214) Balance, end of period net of Reinsurance recoverable $ 3,061 $ 55 $ 3,116 $ 2,963 $ 55 $ 3,018 Weighted average duration of liability * 25.4 9.3 26.8 9.6 * The weighted average duration of liabilities is 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, which can be found in the table below. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for the liability for universal life policies with secondary guarantees and similar features: Gross Assessments Nine Months Ended September 30, Interest Accretion Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Life Insurance $ 855 $ 922 $ 95 $ 94 Corporate and Other 31 29 2 2 Total $ 886 $ 951 $ 97 $ 96 The following table presents the calculation of weighted average interest rate for the liability for universal life policies with secondary guarantees and similar features: September 30, 2023 2022 Life Corporate and Other Life Corporate and Other Weighted-average interest rate 3.94 % 4.20 % 3.75 % 4.20 % The weighted average interest rates are calculated using projected future net liability cash flows that are aggregated to the segment level, and are represented as an annual rate. The following table presents details concerning our universal life policies with secondary guarantees and similar features: Nine Months Ended September 30, (in millions, except for attained age of contract holders) 2023 2022 Account value $ 3,654 $ 3,462 Net amount at risk $ 71,497 $ 68,350 Average attained age of contract holders 53 53 Actuarial Assumption Updates for Liability for universal life policies with secondary guarantees and similar features In 2023, Corebridge recognized a favorable impact to net income due to updates to the portfolio yield assumption and refinements to the modeling for universal life with secondary guarantees and similar features, partially offset by updated premium assumptions. In 2022, Corebridge recognized a favorable impact to net income due to modeling refinements to reflect actual versus expected asset data related to calls and capital gains.

Policyholder Contract Deposits

Policyholder Contract Deposits and Other Policyholder Funds	9 Months Ended
	Sep. 30, 2023
Insurance [Abstract]
Policyholder Contract Deposits and Other Policyholder Funds	14. Policyholder Contract Deposits and Other Policyholder Funds POLICYHOLDER CONTRACT DEPOSITS The liability for Policyholder contract deposits is primarily recorded at accumulated value (deposits received and net transfers from separate accounts, plus accrued interest credited, less withdrawals and assessed fees). Deposits collected on investment-oriented products are not reflected as revenues. They are recorded directly to Policyholder contract deposits upon receipt. Amounts assessed against the contract holders for mortality, administrative, and other services are included as Policy fees in revenues. In addition to liabilities for universal life, fixed annuities, fixed options within variable annuities, annuities without life contingencies, funding agreements and GICs, policyholder contract deposits also include our liability for (i) index features accounted for as embedded derivatives at fair value, (ii) annuities issued in a structured settlement arrangement with no life contingency and (iii) certain contracts we have elected to account for at fair value. Changes in the fair value of the embedded derivatives related to policy index features and the fair value of derivatives hedging these liabilities are recognized in realized gains and losses. For additional information on index credits accounted for as embedded derivatives, see Note 5. Under a funding agreement-backed notes issuance program, an unaffiliated, non-consolidated statutory trust issues medium-term notes to investors, which are secured by funding agreements issued to the trust by one of our subsidiaries through our Institutional Markets business. The following table presents the transition rollforward of Policyholder contract deposits account balances: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 Policyholder contract deposits $ 85,097 $ 43,805 $ 10,286 $ 11,559 $ 4,145 $ 154,892 Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s) (5,894) (577) — — — (6,471) Post-adoption January 1, 2021 Policyholder contract deposits $ 79,203 $ 43,228 $ 10,286 $ 11,559 $ 4,145 $ 148,421 The following table presents the balances and changes in Policyholder contract deposits account balances (a) : Nine Months Ended September 30, 2023 Individual Group Life Institutional Corporate Total (in millions, except for average crediting rate) and Other Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 12,885 3,943 1,211 3,707 34 21,780 Policy charges (661) (359) (1,143) (50) (47) (2,260) Surrenders and withdrawals (10,310) (6,010) (194) (502) (65) (17,081) Benefit payments (2,984) (1,801) (222) (1,355) (233) (6,595) Net transfers from (to) separate account 2,577 1,896 1 565 — 5,039 Interest credited 1,482 843 297 353 127 3,102 Other (7) 6 16 (9) (11) (5) Policyholder contract deposits account balance, end of period $ 92,536 $ 41,913 $ 10,190 $ 14,443 $ 3,392 $ 162,474 Other reconciling items (b) (2,280) (327) 11 (20) — (2,616) Policyholder contract deposits 90,256 41,586 10,201 14,423 3,392 159,858 Weighted average crediting rate 2.65 % 2.88 % 4.37 % 3.66 % 4.99 % Cash surrender value (c) $ 85,644 $ 40,928 $ 9,008 $ 2,577 $ 1,732 $ 139,889 Nine Months Ended September 30, 2022 Individual Group Life Institutional Corporate Total (in millions, except for average crediting rate) and Other Policyholder contract deposits account balance, beginning of year $ 84,097 $ 43,902 $ 10,183 $ 10,804 $ 3,823 $ 152,809 Deposits 11,359 3,599 1,252 1,296 36 17,542 Policy charges (631) (356) (1,175) (52) (49) (2,263) Surrenders and withdrawals (6,232) (4,146) (162) (44) (48) (10,632) Benefit payments (2,872) (1,634) (164) (593) (273) (5,536) Net transfers from (to) separate account 1,606 1,659 (1) 26 — 3,290 Interest credited 1,242 825 286 207 134 2,694 Other 3 1 (10) (48) 8 (46) Policyholder contract deposits account balance, end of period $ 88,572 $ 43,850 $ 10,209 $ 11,596 $ 3,631 $ 157,858 Other reconciling items (b) (2,372) (356) (125) (33) 2 (2,884) Policyholder contract deposits 86,200 43,494 10,084 11,563 3,633 154,974 Weighted average crediting rate 2.40 % 2.74 % 4.28 % 2.49 % 4.91 % Cash surrender value (c) $ 82,151 $ 42,970 $ 8,948 $ 2,532 $ 1,824 $ 138,425 (a) Transactions between the general account and the separate account are presented in this table on a gross basis (e.g., a policyholder's funds are initially deposited into the general account and then simultaneously transferred to the separate account), and thus, did not impact the ending balance of policyholder contract deposits. (b) Reconciling items principally relate to MRBs that are bifurcated and reported separately, net of embedded derivatives that are recorded in PCD. (c) Cash surrender value is related to the portion of policyholder contract deposits that have a defined cash surrender value (e.g. GICs do not have a cash surrender value). For information related to net amount at risk, refer to the table that presents the balances of and changes in MRBs in Note 15. The following table presents Policyholder contract deposits account balance by range of guaranteed minimum crediting rates and the related range of difference, in basis points, between rates being credited to policyholders and the respective guaranteed minimums: September 30, 2023 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 6,741 $ 2,234 $ 24,455 $ 33,430 > 1% - 2% 3,940 22 1,909 5,871 > 2% - 3% 8,401 11 822 9,234 > 3% - 4% 6,864 37 6 6,907 > 4% - 5% 439 — 4 443 > 5% 32 — 3 35 Total $ 26,417 $ 2,304 $ 27,199 $ 55,920 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,197 $ 2,467 $ 6,304 $ 10,968 > 1% - 2% 3,874 1,347 667 5,888 > 2% - 3% 12,700 159 93 12,952 > 3% - 4% 641 — — 641 > 4% - 5% 6,773 — — 6,773 > 5% 150 — — 150 Total $ 26,335 $ 3,973 $ 7,064 $ 37,372 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 131 347 478 > 2% - 3% 9 866 1,078 1,953 > 3% - 4% 1,178 499 26 1,703 > 4% - 5% 2,879 — — 2,879 > 5% 218 — — 218 Total $ 4,284 $ 1,496 $ 1,451 $ 7,231 Total* $ 57,036 $ 7,773 $ 35,714 $ 100,523 Percentage of total 56% 8% 36% 100% September 30, 2022 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 9,822 $ 1,656 $ 20,778 $ 32,256 > 1% - 2% 4,261 24 1,960 6,245 > 2% - 3% 9,790 — 17 9,807 > 3% - 4% 7,805 40 6 7,851 > 4% - 5% 464 — 5 469 > 5% 33 — 4 37 Total $ 32,175 $ 1,720 $ 22,770 $ 56,665 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 3,726 $ 1,614 $ 5,178 $ 10,518 > 1% - 2% 6,024 437 23 6,484 > 2% - 3% 14,448 — — 14,448 > 3% - 4% 690 — — 690 > 4% - 5% 6,943 — — 6,943 > 5% 159 — — 159 Total $ 31,990 $ 2,051 $ 5,201 $ 39,242 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% 106 24 353 483 > 2% - 3% 235 635 1,112 1,982 > 3% - 4% 1,374 183 192 1,749 > 4% - 5% 2,998 — — 2,998 > 5% 224 — — 224 Total $ 4,937 $ 842 $ 1,657 $ 7,436 Total* $ 69,102 $ 4,613 $ 29,628 $ 103,343 Percentage of total 67% 4% 29% 100% * Excludes policyholder contract deposits account balances that are not subject to guaranteed minimum crediting rates. OTHER POLICYHOLDER FUNDS Other policyholder funds include URR, consisting of front-end loads on investment-oriented contracts, representing those policy loads that are non-level and typically higher in initial policy years than in later policy years. Amortization of URR is recorded in Policy fees. Prior to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard URR for investment-oriented contracts are generally deferred and amortized, with interest, in relation to the incidence of EGPs to be realized over the estimated lives of the contracts and are subject to the same adjustments due to changes in the assumptions underlying EGPs as DAC. Similar to unrealized appreciation (depreciation) of investments for DAC, URR related to investment-oriented products is 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 Other comprehensive income. Subsequent to the adoption of the Targeted Improvements to the Accounting for Long-Duration Contracts Standard URR for investment-oriented contracts are generally deferred and amortized into income using the same assumptions and factors used to amortize DAC (i.e., on a constant level basis). Changes in future assumptions are applied by adjusting the amortization rate prospectively. The Company has elected to implicitly account for actual experience, whether favorable or unfavorable, in its amortization of URR (i.e., policy fees) each period. The following table presents the transition rollforward of URR: Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 URR balance $ 1,413 $ 2 $ 132 $ 1,547 Adjustment for the removal of related balances in Accumulated other comprehensive income originating from unrealized gains (losses) 248 — — 248 Post-adoption January 1, 2021 URR balance $ 1,661 $ 2 $ 132 $ 1,795 Prior to the adoption of LDTI, URR 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 was reducing URR. The following table presents a rollforward of the unearned revenue reserve for the nine months ended September 30, 2023 and 2022: Nine Months Ended September 30, 2023 Life Institutional Corporate and Other Total (in millions) Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 114 — — 114 Amortization (83) (1) (8) (92) Balance, end of period $ 1,758 $ 1 $ 97 $ 1,856 Other reconciling items* 994 Other policyholder funds $ 2,850 Nine Months Ended September 30, 2022 Life Institutional Corporate and Other Total (in millions) Balance, beginning of year $ 1,693 $ 2 $ 116 $ 1,811 Revenue deferred 106 — — 106 Amortization (82) — (8) (90) Balance, end of period $ 1,717 $ 2 $ 108 $ 1,827 Other reconciling items* 1,045 Other policyholder funds $ 2,872 * Other reconciling items include policyholders' dividend accumulations, provisions for future dividends to participating policyholders, dividends to policyholders and any similar items.

Market Risk Benefits

Market Risk Benefits	9 Months Ended
	Sep. 30, 2023
Insurance [Abstract]
Market Risk Benefits	15. 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 represents 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 guaranteed minimum income benefits (“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 annuity 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 except for the portion of the fair value change attributable to our own credit risk , which 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. Generally 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 market risk benefits, 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 Other comprehensive income, while changes in the counterparty credit risk related to ceded MRBs are reported in income. Changes in the fair value of Market Risk Benefits, net represents changes in the fair value of market risk benefit liabilities and assets (with the exception of our own 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 variable annuity 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 our own 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 our own 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 our own 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 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 our own 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: Nine Months Ended September 30, 2023 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 3,738 $ 296 $ 4,034 Effect of changes in our own credit risk (441) (24) (465) Balance, beginning of year, before effect of changes in our own credit risk $ 3,297 $ 272 $ 3,569 Issuances 527 28 555 Interest accrual 122 12 134 Attributed fees 636 49 685 Expected claims (68) (2) (70) Effect of changes in interest rates (1,223) (99) (1,322) Effect of changes in interest rate volatility (7) 2 (5) Effect of changes in equity markets (591) (61) (652) Effect of changes in equity index volatility (27) (4) (31) Actual outcome different from model expected outcome 155 10 165 Effect of changes in future expected policyholder behavior (1) (1) (2) Effect of changes in other future expected assumptions (86) (40) (126) Other, including foreign exchange — (3) (3) Balance, end of period, before effect of changes in our own credit risk 2,734 163 2,897 Effect of changes in our own credit risk 662 53 715 Balance, end of period 3,396 216 3,612 Less: Reinsured MRB, end of period (71) — (71) Net Liability Balance after reinsurance recoverable $ 3,325 $ 216 $ 3,541 Net amount at risk GMDB only $ 1,200 $ 257 $ 1,457 GMWB only $ 24 $ 1 $ 25 Combined * $ 1,764 $ 28 $ 1,792 Weighted average attained age of contract holders 70 64 Nine Months Ended September 30, 2022 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 6,452 $ 582 $ 7,034 Effect of changes in our own credit risk (1,934) (167) (2,101) Balance, beginning of year, before effect of changes in our own credit risk $ 4,518 $ 415 $ 4,933 Issuances 161 17 178 Interest accrual 130 16 146 Attributed fees 637 54 691 Expected claims (53) (2) (55) Effect of changes in interest rates (3,929) (360) (4,289) Effect of changes in interest rate volatility 267 17 284 Effect of changes in equity markets 1,923 164 2,087 Effect of changes in equity index volatility (80) — (80) Actual outcome different from model expected outcome 139 14 153 Effect of changes in future expected policyholder behavior (2) (18) (20) Effect of changes in other future expected assumptions (85) — (85) Other, including foreign exchange 4 (12) (8) Balance, end of period before effect of changes in our own credit risk 3,630 305 3,935 Effect of changes in our own credit risk 63 (8) 55 Balance, end of period 3,693 297 3,990 Less: Reinsured MRB, end of period (98) — (98) Net Liability Balance after reinsurance recoverable $ 3,595 $ 297 $ 3,892 Net amount at risk GMDB only $ 2,059 $ 558 $ 2,617 GMWB only $ 15 $ — $ 15 Combined * $ 2,670 $ 16 $ 2,686 Weighted average attained age of contract holders 70 64 * 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: September 30, 2023 September 30, 2022 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 814 $ 4,139 $ 3,325 $ 622 $ 4,217 $ 3,595 Group Retirement 164 380 216 121 418 297 Total $ 978 $ 4,519 $ 3,541 $ 743 $ 4,635 $ 3,892 * 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 5. Actuarial Assumption Updates for Market Risk Benefits For 2023, Corebridge recognized a favorable impact to net income due to policyholder behavior assumptions. For 2022, Corebridge recognized a favorable impact to net income due to an update to the relationship between projected equity growth and interest rates for annuities. 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 GMWBs. 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. Certain of our variable annuity contracts also contain living benefit riders, which include optional GMWBs and, to a lesser extent, GMABs and GMIBs. These living benefits and GMDBs related to variable annuity contracts are accounted for as MRBs measured at fair value, with changes in the fair value (excluding changes in our own credit risk) recorded in Change in the fair value of market risk benefits, net. The net amount at risk for the GMWB represents benefits in excess of the account value assuming the utilization of all benefits by the contract holders at the balance sheet date. The net amount at risk for the GMDB feature represents the amount of guaranteed benefits in excess of account value if all policyholders died. 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 GMWBs. 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 GMWBs 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 our own credit risk ) recognized at fair value through Change in the fair value of MRBs, net. The liability for all of our GMWBs 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 5.

Separate Account Assets and Lia

Separate Account Assets and Liabilities	9 Months Ended
	Sep. 30, 2023
Insurance [Abstract]
Separate Account Assets and Liabilities	12. 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 5. The following table presents fair value of separate account investment options: September 30, 2023 Individual Retirement Group Retirement Life Institutional Total (in millions) Equity Funds $ 23,493 $ 26,206 $ 736 $ 590 $ 51,025 Bond Funds 3,775 3,262 42 1,286 8,365 Balanced Funds 16,649 5,095 48 1,919 23,711 Money Market Funds 696 603 22 302 1,623 Total $ 44,613 $ 35,166 $ 848 $ 4,097 $ 84,724 September 30, 2022 Individual Retirement Group Retirement Life Institutional Total (in millions) Equity Funds $ 21,696 $ 23,226 $ 648 $ 547 $ 46,117 Bond Funds 3,661 3,910 46 1,287 8,904 Balanced Funds 17,346 4,853 46 2,361 24,606 Money Market Funds 682 539 17 437 1,675 Total $ 43,385 $ 32,528 $ 757 $ 4,632 $ 81,302 The following table presents the balances and changes in separate account liabilities: Nine Months Ended September 30, 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 1,124 1,033 27 40 2,224 Policy charges (964) (333) (37) (69) (1,403) Surrenders and withdrawals (2,728) (2,205) (19) (503) (5,455) Benefit payments (640) (374) (5) (61) (1,080) Investment performance 2,470 2,806 85 160 5,521 Net transfers from (to) general account and other 173 (122) (2) 15 64 Separate accounts balance, end of period $ 44,613 $ 35,166 $ 848 $ 4,097 $ 84,724 Cash surrender value * $ 43,566 $ 34,980 $ 828 $ 4,100 $ 83,474 Nine Months Ended September 30, 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 1,905 1,248 28 54 3,235 Policy charges (988) (356) (38) (75) (1,457) Surrenders and withdrawals (2,492) (1,931) (19) (42) (4,484) Benefit payments (684) (407) (5) (16) (1,112) Investment performance (12,440) (10,831) (252) (328) (23,851) Net transfers from (to) general account and other 157 (333) (1) 37 (140) Separate accounts balance, end of period $ 43,385 $ 32,528 $ 757 $ 4,632 $ 81,302 Cash surrender value * $ 42,313 $ 32,340 $ 756 $ 4,633 $ 80,042 * 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	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingencies, Commitments and Guarantees	16. 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 the scope of coverage under insurance and reinsurance contracts, and litigation and arbitration in which our subsidiaries defend or indemnify their insureds under insurance 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 respective 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. 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 8. Moriarty Litigation Effective January 1, 2013, the California legislature enacted AB 1747 (the “Act”), which amended the California 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 annual notice of 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 those 2022 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 had “substantial concerns” as to whether individual issues such as actual damages and causation would predominate, precluding class certification.Subsequently, the case was reassigned to a new District Court judge, who requested additional briefing on certain issues addressed by the summary judgment decisions and heard additional oral argument on those issues on July 19, 2023. On August 14, 2023, the District Court granted Plaintiff’s motion for summary judgment, adopting Plaintiff’s theory that failure to comply with the Act means the policy did not lapse and as a result, AGL breached the terms of the policy by refusing to pay the death benefit. In the order granting the motion, the District Court declined to revisit the September 2022 denial of class certification; therefore, this matter became an individual case only. At a status conference on August 23, 2023, the District Court decided that Plaintiff could file a motion regarding the propriety of revisiting class certification. Plaintiff filed such a motion on September 1, 2023, and AGL filed a provisional motion to certify the District Court’s August 14, 2023 summary judgment order for interlocutory appeal to the Court of Appeals for the Ninth Circuit on the same date. On September 26, 2023, the District Court decided that good cause exists to allow Plaintiff to file a third motion for class certification; however, at the same time, the Court certified AGL’s petition for interlocutory appeal and stayed court proceedings pending the outcome of AGL’s appeal. AGL is also defending other actions in California involving similar issues: Allen v. Protective Life Insurance Co. , (pending in federal district court in the Eastern District ) in which the individual plaintiff filed a motion on August 11, 2023 seeking leave to amend the complaint to add class-action allegations against AGL; and Chuck v. American General Life Insurance Co. (pending in California Superior Court for the County of Los Angeles), which was filed on September 6, 2023 as a putative class action. These cases are in the early stages, and we expect their progress will be influenced by future developments in the McHugh and Moriarty cases referenced herein. We have accrued our current estimate of probable loss with respect to these litigation matters. 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 $4.4 billion at September 30, 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 nine months ended September 30, 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 nine months ended September 30, 2023. As of September 30, 2023 and 2022, the specified minimum capital percentage in the CMA was 250%. AIG Parent provides a full and unconditional guarantee of all outstanding notes and junior subordinated debentures of Corebridge Life Holdings, Inc.(“CRBGLH”). This includes: • a guarantee (the “CRBGLH External Debt Guarantee”) in connection with CRBGLH junior subordinated debentures and certain CRBGLH notes (the “CRBGLH External Debt”); and • a guarantee in connection with a sale-leaseback transaction in 2020. Pursuant to this transaction, CRBGLH issued promissory notes to AGL with maturity dates of up to five years. These promissory notes were guaranteed by AIG Parent for the benefit of AGL. We paid no fees for these guarantees during the nine months ended September 30, 2023 or 2022. On August 1, 2023, the guarantee of these promissory notes was novated from AIG Parent to Corebridge Parent. In addition to the Separation Agreement, we have entered into a guarantee reimbursement agreement with AIG Parent which provides that we will reimburse AIG Parent for the full amount of any payment made by or on behalf of AIG Parent pursuant to the CRBGLH External Debt Guarantee. We have also entered into a collateral agreement with AIG Parent which provides that in the event of: (i) a ratings downgrade of Corebridge Parent or CRBGLH long-term unsecured indebtedness below specified levels or (ii) the failure by CRBGLH to pay principal and interest on the External Debt when due, we must collateralize an amount equal to the sum of: (a) 100% of the principal amount outstanding, (b) accrued and unpaid interest and (c) 100% of the net present value of scheduled interest payments through the maturity dates of the CRBGLH External Debt. • For additional discussion on commitments and guarantees associated with VIEs, see Note 9. • For additional disclosures about derivatives, see Note 10.

Equity and Redeemable Noncontro

Equity and Redeemable Noncontrolling Interest	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Equity and Redeemable Noncontrolling Interest	17. Equity and Redeemable Noncontrolling Interest COREBRIDGE SHAREHOLDERS’ EQUITY Retained Earnings Dividends Declaration Date Record Date Payment Date Dividend Paid Per Common Share August 3, 2023 September 15, 2023 September 29, 2023 $ 0.23 June 1, 2023* June 16, 2023 June 30, 2023 $ 0.62 May 8, 2023 June 16, 2023 June 30, 2023 $ 0.23 February 16, 2023 March 17, 2023 March 31, 2023 $ 0.23 * On June 1, 2023, we declared a special dividend of $0.62 per share on our common stock, payable on June 30, 2023 to stockholders of record at the close of business on June 16, 2023. For the three and nine months ended 2022, Corebridge paid cash dividends of $0 million and $580 million. Dividends Declared On November 2, 2023, the Company declared a cash dividend on Corebridge common stock of $0.23 per share, payable on December 29, 2023 to shareholders of record at close of business on December 15, 2023. On October 31, 2023, the Company declared a special cash dividend on Corebridge common stock of $1.16 per share (approximately $730 million), payable on November 22, 2023 to shareholders of record at close of business on November 13, 2023. Common Stock The following table presents a rollforward of outstanding shares : Nine Months Ended September 30, 2023 Common Stock Issued Treasury Stock Common Stock Outstanding Shares, beginning of year 645,000,000 — 645,000,000 Shares issued under long-term incentive compensation plans 3,144,926 — 3,144,926 Shares repurchased — (14,660,410) (14,660,410) Shares, end of period 648,144,926 (14,660,410) 633,484,516 Repurchase of Corebridge Common Stock On May 4, 2023, our Board of Directors authorized a $1 billion share repurchase program. Under this program, Corebridge Parent may, from time to time, purchase up to $1 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. From May 4, 2023 to September 30, 2023, we repurchased approximately 14.7 million shares of Corebridge Common Stock for an aggregate purchase price of approximately $246 million. From September 30, 2023 to October 27, 2023, we repurchased approximately 2.5 million shares of Corebridge Common Stock for an aggregate purchase price of approximately $50 million . 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 our own credit 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, June 30, 2023, net of tax $ (19) $ (17,732) $ (480) $ 2,929 $ 147 $ (38) $ 11 $ (15,182) Change in unrealized depreciation of investments (a) (52) (6,398) — — — — — (6,450) Change in fair value of market risk benefits attributable to changes in our own credit risk — — (104) — — — — (104) Change in discount rates assumptions of certain liabilities — — — 1,435 — — — 1,435 Change in future policy benefits and other (10) 183 — — — — — 173 Change in cash flow hedges — — — — (17) — — (17) Change in foreign currency translation adjustments — — — — — (41) — (41) Change in net actuarial loss — — — — — — — — Change in deferred tax asset (liability) 13 1,157 23 (319) 3 12 — 889 Total other comprehensive income (loss) (49) (5,058) (81) 1,116 (14) (29) — (4,115) Noncontrolling interests — — — — — (3) — (3) Balance, September 30, 2023, net of tax $ (68) $ (22,790) $ (561) $ 4,045 $ 133 $ (64) $ 11 $ (19,294) Balance, June 30, 2022, net of tax (b) $ (33) $ (13,480) $ (296) $ 1,607 $ 169 $ (79) $ 6 $ (12,106) Change in unrealized depreciation of investments (63) (9,985) — — — — — (10,048) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 320 — — — — 320 Change in discount rates assumptions of certain liabilities — — — 2,002 — — — 2,002 Change in future policy benefits and other — 465 — — — — — 465 Change in cash value hedges — — — — (7) — — (7) Change in foreign currency translation adjustments — — — — — (84) — (84) Change in net actuarial loss — — — — — — — — Change in deferred tax asset (liability) 14 1,957 (68) (424) 1 5 — 1,485 Total other comprehensive income (49) (7,563) 252 1,578 (6) (79) — (5,867) Noncontrolling interests — — — — — (19) — (19) Balance, September 30, 2022, net of tax $ (82) $ (21,043) $ (44) $ 3,185 $ 163 $ (139) $ 6 $ (17,954) (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 our own credit 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) Cumulative effect of change in accounting principles — — — — — — — — Change in unrealized depreciation of investments (a) 41 (4,243) — — — — — (4,202) Change in fair value of market risk benefits attributable to changes in our own credit risk — — (250) — — — — (250) Change in discount rates assumptions of certain liabilities — — — 1,468 — — — 1,468 Change in future policy benefits and other (10) 116 — — — — — 106 Change in cash flow hedges — — — — (32) — — (32) Change in foreign currency translation adjustments — — — — — 24 — 24 Change in net actuarial loss — — — — — — 3 3 Change in deferred tax asset (liability) (7) 717 54 (331) 8 19 (1) 459 Total other comprehensive income (loss) 24 (3,410) (196) 1,137 (24) 43 2 (2,424) Less: Noncontrolling interests — — — — — 7 — 7 Balance, September 30, 2023, net of tax $ (68) $ (22,790) $ (561) $ 4,045 $ 133 $ (64) $ 11 $ (19,294) Balance, December 31, 2021, net of tax $ (31) $ 12,315 $ (1,659) $ (2,390) $ — $ (9) $ 7 $ 8,233 Change in unrealized depreciation of investments (65) (42,259) — — — — — (42,324) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 2,046 — — — — 2,046 Change in discount rates assumptions of certain liabilities — — — 7,071 — — — 7,071 Change in future policy benefits and other — 1,905 — — — — — 1,905 Change in cash value hedges — — — — 211 — — 211 Change in foreign currency translation adjustments — — — — — (158) — (158) Change in net actuarial loss — — — — — — (1) (1) Change in deferred tax asset (liability) 14 6,996 (431) (1,496) (48) 9 — 5,044 Total other comprehensive income (51) (33,358) 1,615 5,575 163 (149) (1) (26,206) Less: Noncontrolling interests — — — — — (19) — (19) Balance, September 30, 2022, net of tax (b) $ (82) $ (21,043) $ (44) $ 3,185 $ 163 $ (139) $ 6 $ (17,954) (a) Includes net unrealized gains and losses attributable to held-for-sale businesses at September 30, 2023. (b ) 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 and nine months ended September 30, 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 September 30, 2023 Unrealized change arising during period $ (62) $ (6,223) $ (104) $ 1,435 $ (17) $ (41) $ — $ (5,012) Less: Reclassification adjustments included in net income — (8) — — — — — (8) Total other comprehensive income (loss), before income tax expense (benefit) (62) (6,215) (104) 1,435 (17) (41) — (5,004) Less: Income tax expense (benefit) (13) (1,157) (23) 319 (3) (12) — (889) Total other comprehensive income (loss), net of income tax expense (benefit) $ (49) $ (5,058) $ (81) $ 1,116 $ (14) $ (29) $ — $ (4,115) Three Months Ended September 30, 2022 Unrealized change arising during period $ (63) $ (9,625) $ 320 $ 2,002 $ (7) $ (84) $ — $ (7,457) Less: Reclassification adjustments included in net income — (105) — — — — — (105) Total other comprehensive income (loss), before income tax expense (benefit) (63) (9,520) 320 2,002 (7) (84) — (7,352) Less: Income tax expense (benefit) (14) (1,957) 68 424 (1) (5) — (1,485) Total other comprehensive income (loss), net of income tax expense (benefit) $ (49) $ (7,563) $ 252 $ 1,578 $ (6) $ (79) $ — $ (5,867) Nine Months Ended September 30, 2023 Unrealized change arising during period $ 14 $ (4,453) $ (250) $ 1,468 $ (32) $ 24 $ 3 $ (3,226) Less: Reclassification adjustments included in net income (17) (326) — — — — — (343) Total other comprehensive income (loss), before income tax expense (benefit) 31 (4,127) (250) 1,468 (32) 24 3 (2,883) Less: Income tax expense (benefit) 7 (717) (54) 331 (8) (19) 1 (459) Total other comprehensive income (loss), net of income tax expense (benefit) $ 24 $ (3,410) $ (196) $ 1,137 $ (24) $ 43 $ 2 $ (2,424) Nine Months Ended September 30, 2022 Unrealized change arising during period $ (73) $ (40,837) $ 2,046 $ 7,071 $ 211 $ (158) $ (1) $ (31,741) Less: Reclassification adjustments included in net income (8) (483) — — — — — (491) Total other comprehensive income (loss), before income tax expense (benefit) (65) (40,354) 2,046 7,071 211 (158) (1) (31,250) Less: Income tax expense (benefit) (14) (6,996) 431 1,496 48 (9) — (5,044) Total other comprehensive income (loss), net of income tax expense (benefit) $ (51) $ (33,358) $ 1,615 $ 5,575 $ 163 $ (149) $ (1) $ (26,206) 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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ — $ — $ (17) $ (8) Net realized gains (losses) Total — — (17) (8) Unrealized appreciation (depreciation) of all other investments Investments (8) (105) (326) (483) Net realized gains (losses) Total (8) (105) (326) (483) Total reclassifications for the period $ (8) $ (105) $ (343) $ (491) * The following items are not reclassified out of AOCI and included in the Condensed Consolidated Statements of Income (Loss) and thus have been excluded from the table:(a) Change in fair value of MRBs attributable to changes in our own credit risk (b) Change in the discount rates used to measure traditional and limited-payment long-duration insurance contracts and (c) Fair value of liabilities under fair value option attributable to changes in our own credit risk . 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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Beginning balance $ 907 $ 1,208 $ 939 $ 1,759 Net income attributable to redeemable noncontrolling interest (32) 127 (46) 282 Other comprehensive loss, net of tax (3) (19) 7 (19) Changes in noncontrolling interests due to divestitures and acquisitions — (104) (19) (104) Contributions from noncontrolling interests 20 22 63 45 Distributions to noncontrolling interests (1) (399) (54) (1,117) Other (1) 10 — (1) Ending balance $ 890 $ 845 $ 890 $ 845 Refer to Note 9 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 distributed the remaining portion of the redeemable funds. The following table presents a rollforward of redeemable noncontrolling interest: Three Months Ended September 30, Nine Months Ended September 30, (in millions) 2022 2022 Beginning balance $ 58 $ 83 Distributions to noncontrolling interests (40) (65) Net income attributable to redeemable noncontrolling interest (1) (1) Ending balance $ 17 $ 17

Earnings Per Common Share

Earnings Per Common Share	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Common Share	18. 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 and nine months ended September 30, 2023, and 2022: Three Months Ended September 30, Nine Months Ended September 30, (in millions, except per common share data) 2023 2022 2023 2022 Numerator for EPS: Net income (loss) $ 2,069 $ 2,532 $ 2,367 $ 8,647 Less: Net income (loss) attributable to noncontrolling interests (32) 126 (46) 281 Net income (loss) attributable to Corebridge common shareholders $ 2,101 2,406 $ 2,413 $ 8,366 Denominator for EPS (a) : Weighted average common shares outstanding - basic 639.0 645.7 646.8 645.2 Dilutive common shares (b) 2.0 0.7 1.8 0.2 Weighted average common shares outstanding - diluted 641.0 646.4 648.6 645.4 Income per common share attributable to Corebridge common shareholders (a) Common stock - Basic $ 3.29 $ 3.73 $ 3.73 $ 12.97 Common stock - Diluted $ 3.28 $ 3.72 $ 3.72 $ 12.96 (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 18 of the Consolidated Financial Statements in the June 2023 Registration Statement. (b) Potential dilutive common shares include our share-based employee compensation plans. The number of common shares excluded from dilutive shares outstanding was approximately 1.0 million and 30 thousand for the three months ended September 30, 2023 and 2022, respectively, and 1.0 million and 10 thousand nine months ended September 30,

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	19. Income Taxes RECENT U.S. TAX LAW CHANGES The Inflation Reduction Act of 2022 (H.R. 5376), (the “Inflation Reduction Act”) includes 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 and a 1% stock buyback tax. Although the U.S. Treasury and Internal Revenue Service (“IRS”) issued interim CAMT guidance during 2023, many details and specifics of application of the CAMT remain subject to future guidance. Our estimated CAMT liability will continue to be refined based on future guidance. 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 owned 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 Group 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. 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 September 30, 2023, the effective tax rate on income from operations was 15.9%. The effective tax rate on income from operations differs from the statutory tax rate of 21% primarily due to tax benefits associated with the establishment of outside basis as a result of the held-for-sale designation of Laya and AIG Life (United Kingdom), partial release of valuation allowance, dividends received deduction, tax adjustments related to prior year returns, and reclassifications from AOCI to income from operations related to the disposal of available-for-sale securities. These tax benefits were partially offset by tax charges associated with state and local income taxes. For the nine months ended September 30, 2023, the effective tax rate on income from operations was 12.4%. The effective tax rate on income from operations differs from the statutory tax rate of 21% primarily due to tax benefits associated with the establishment of outside basis as a result of the held-for-sale designation of Laya and AIG Life (United Kingdom), dividends received deduction, adjustments to deferred tax assets, reclassifications from AOCI to income from operations related to the disposal of available-for-sale securities, tax adjustments related to prior year returns, partial release of valuation allowance, 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. For the three months ended September 30, 2022, the effective tax rate on income from operations was 20.2%. The effective tax rate on income from operations differs from the statutory tax rate of 21% primarily due to tax benefits associated with the dividends received deduction, reclassifications from AOCI to income from operations related to the disposal of available for sale securities, and tax adjustments related to prior year returns. These tax benefits were partially offset by tax charges associated with state and local income taxes. For the nine months ended September 30, 2022, the effective tax rate on income from operations was 19.9%. 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, the 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. As a result of the held-for-sale designation of Laya and AIG Life (United Kingdom) during the third quarter of 2023, as of September 30, 2023, we do not consider our foreign earnings with respect to our operations in Europe to be indefinitely reinvested. 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 and nine months ended September 30, 2023, we recorded a decrease in valuation allowance of $57 million and $6 million, respectively, primarily attributable to current year activity. As of September 30, 2023, the balance sheet reflects a valuation allowance of $145 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 nine months ended September 30, 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 September 30, 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 and nine months ended September 30, 2023, we recorded an increase in valuation allowance of $177 million and $114 million, respectively, associated with the unrealized tax capital losses in the U.S. life insurance companies’ available-for-sale securities portfolio. As of September 30, 2023, the balance sheet reflects a valuation allowance of $1.5 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 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	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Related Parties	20. 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 the material revenues and expenses of Corebridge, in connection with agreements with affiliated companies described below for the three and nine months ended September 30, 2023 and 2022: Three Months Ended September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Revenues: Other income $ 8 $ 24 $ 28 $ 83 Net investment income - excluding Fortitude Re funds withheld assets — 3 (8) (4) Total revenues $ 8 $ 27 $ 20 $ 79 Expenses: General operating and other expenses $ 34 $ 51 $ 127 $ 79 Interest expense — 17 8 76 Total expenses $ 34 $ 68 $ 135 $ 155 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 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 $8 million and $28 million for the three and nine months ended September 30, 2023, respectively, and $24 million and $83 million for the three and nine months ended September 30, 2022, respectively. Capital Markets Agreements We received 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 provided these services through various services agreements. In addition, in the ordinary course of business, we enter into over-the-counter derivative transactions with AIGM under standard ISDA Master 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 $0 million for the three and nine months ended September 30, 2023, respectively, and $4 million and $14 million for the three and nine months ended September 30, 2022, respectively. The derivative assets, net of gross assets and gross liabilities after collateral were $61 million and $12 million as of September 30, 2023 and December 31, 2022, respectively. The derivative liabilities, net of gross assets and gross liabilities after collateral were $0 million and $0 million as of September 30, 2023 and December 31, 2022, respectively. The collateral posted to AIGM was $2.2 billion and $1.5 billion as of September 30, 2023 and December 31, 2022, respectively. The collateral held by us was $640 million and $380 million as of September 30, 2023 and December 31, 2022, respectively. In addition, we previously had certain unsecured derivative transactions with AIG. On May 4, 2023, these previously unsecured derivative transactions became fully collateralized. The derivative assets, net of gross assets and gross liabilities after collateral were $0 million and $253 million as of September 30, 2023 and December 31, 2022, respectively. There were no derivative net liabilities as of September 30, 2023 and December 31, 2022, respectively. For further details regarding derivatives, see Note 10. 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 $54 million and $311 million as of September 30, 2023 and December 31, 2022, respectively. Amounts due from AIG were $50 million and $54 million as of September 30, 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 $34 million and $127 million for the three and nine months ended September 30, 2023, respectively, and $51 million and $62 million for the three and nine months ended September 30, 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 $61 million and $70 million as of September 30, 2023 and December 31, 2022, respectively. Amounts payable to AIRCO were $7 million and $32 million as of September 30, 2023 and December 31, 2022, respectively. Ceded premiums related to these agreements were $10 million and $28 million for the three and nine months ended September 30, 2023, respectively, and $11 million and $29 million for the three and nine months ended September 30, 2022, respectively. For further details of reinsurance transactions, see Note 8. 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 nine months ended September 30, 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 nine months ended September 30, 2023. As of September 30, 2023 and December 31, 2022, the specified minimum capital percentage in the CMA was 250%. AIG Parent provided a full and unconditional guarantee of CRBGLH Notes and Junior Subordinated Debentures. This included: • the CRBGLH External Debt Guarantee; and • a guarantee in connection with a sale-leaseback transaction in 2020. Pursuant to this transaction, CRBGLH issued promissory notes to AGL with maturity dates of up to five years. These promissory notes are guaranteed by AIG Parent for the benefit of AGL. We paid no fees for these guarantees during the nine months ended September 30, 2023 and 2022. On August 1, 2023, the guarantee of these promissory notes was novated from AIG Parent to Corebridge Parent. In addition to the Separation Agreement, we have entered into a guarantee reimbursement agreement with AIG Parent which provides that we will reimburse AIG Parent for the full amount of any payment made by or on behalf of AIG Parent pursuant to the CRBGLH External Debt Guarantee. We have also entered into a collateral agreement with AIG Parent which provides that in the event of: (i) a ratings downgrade of Corebridge Parent or CRBGLH long-term unsecured indebtedness below specified levels or (ii) the failure by CRBGLH 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 CRBGLH External Debt. For further details regarding guarantees previously provided by AIG, see Note 16. 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 million and $0.4 billion as of September 30, 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 $0 million and $8 million for the three and nine months ended September 30, 2023, respectively, and $7 million and $10 million for the three and nine months ended September 30, 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 $7 million and $46 million for the three and nine months ended September 30, 2022, respectively. 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 owned 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 for approximately $452 million. 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. For the nine months ended September 30, 2023, we received tax sharing payments of $368 million from AIG in respect to these prior periods. There were $190 million and $1.0 billion of payments from Corebridge to AIG in connection with the tax sharing agreements for the three and nine months ended September 30, 2022, respectively. Amounts receivable (payable) from or to AIG pursuant to the tax sharing agreements were $(232) million and $524 million as of September 30, 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 $32 million and $59 million as of September 30, 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). Repurchase of Corebridge Common Stock On June 26, 2023, we repurchased approximately 11.0 million shares of Corebridge Common Stock from AIG for an aggregate purchase price of approximately $180 million. Related Party Transactions with Blackstone Investment Expense We entered into a long-term asset management relationship with Blackstone to manage a portion of our investment portfolio. The investment expense incurred was $47 million and $119 million for the three and nine months ended September 30, 2023, respectively, and $40 million and $113 million for the three and nine months ended September 30, 2022, respectively. Repurchase of Corebridge Common Stock On June 26, 2023, we repurchased approximately 1.2 million shares of Corebridge Common Stock from Blackstone for an aggregate purchase price of approximately $20 million. 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 $106 million and $308 million as of September 30, 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 $0 million and $8 million for the three and nine months ended September 30, 2023, respectively, and $9 million and $29 million for the three and nine months ended September 30, 2022, respectively. The noncontrolling interest included in the Condensed Consolidated Balance Sheets related to the VIEs held by affiliates was $520 million and $537 million as of September 30, 2023 and December 31, 2022, respectively. The gain/(loss) attributable to noncontrolling interest of consolidated VIEs held by affiliates was $(17) million and $(6) million for the three and nine months ended September 30, 2023, respectively, and $(5) million and $61 million for the three and nine months ended September 30, 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. For additional information related to VIEs and other investments, see Notes 6 and 9.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net income (loss) attributable to Corebridge	$ 2,101	$ 2,406	$ 2,413	$ 8,366

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 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: • fair value measurements of certain financial assets and liabilities; • 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; 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 effective 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 effective 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 (“NPR”) 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. Amounts received as payment for investment-oriented contracts such as universal life, variable annuities, fixed annuities, and fixed index annuities, are reported as deposits to Policyholder contract deposits or Separate account liabilities, as applicable. Revenues from these contracts are recorded in policy fees and consist of policy charges for the cost of insurance, policy administration charges, surrender charges and amortization of URR. Policy fees are recognized as revenues in the period in which they are assessed against policyholders, unless the fees are designed to compensate Corebridge for services to be provided in the future. Prior to the adoption of LDTI effective on January 1, 2021, fees deferred as unearned revenue were amortized in relation to the incidence of estimated gross profits (“EGPs”) to be realized over the estimated lives of the contracts. After January 1, 2021, fees deferred as unearned revenue are amortized on a constant level basis over the estimated lives of the contracts, consistent with the amortization of deferred acquisition costs. This URR is recorded in the Condensed Consolidated Balance Sheets in Other policyholder funds.
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. The Company also adopted the standard in relation to MRBs on a full retrospective basis. As of the 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 (“NPA”) 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 used to measure the liability for future policy benefits 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 Condensed Consolidated Financial Statements as of December 31, 2022 and for three and nine months ended September 30, 2022 have been adjusted to reflect the effects of applying the standard. 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 7. 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. Corebridge previously announced agreements to sell Laya and AIG Life (United Kingdom). The sale of Laya closed on [October 31, 2023] and the AIG Life sale is expected to close in the first half of 2024. • 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 or are recognized as embedded derivatives at fair value 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 our own 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: September 30, 2023 December 31, 2022 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available for sale $ 13,957 $ 13,957 $ 16,339 $ 16,339 Fair value through other comprehensive income Fixed maturity securities - fair value option 3,777 3,777 3,485 3,485 Fair value through net investment income Commercial mortgage loans 3,530 3,244 3,490 3,241 Amortized cost Real estate investments 122 295 133 348 Amortized cost Private equity funds/hedge funds 1,856 1,856 1,893 1,893 Fair value through net investment income Policy loans 335 335 355 355 Amortized cost Short-term Investments 120 120 69 69 Fair value through net investment income Funds withheld investment assets 23,697 23,584 25,764 25,730 Derivative assets, net (a) — — 90 90 Fair value through realized gains (losses) Other (b) 751 751 731 731 Amortized cost Total $ 24,448 $ 24,335 $ 26,585 $ 26,551 (a) The derivative assets and liabilities have been presented net of cash collateral. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $10 million and $2 million, respectively, as of September 30, 2023. The derivative assets supporting the Fortitude Re funds withheld arrangements had a fair market value of $189 million as of December 31, 2022. 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)	9 Months Ended
	Sep. 30, 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, effective as of 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 contracts (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 8 for additional information on the transition impacts associated with LDTI. (b) Refer to Note 11 for additional information on the transition impacts associated with LDTI. (c) Refer to Note 15 for additional information on the transition impacts associated with LDTI. (d) Other assets include deferred sales inducement assets. Refer to Note 11 for additional information on the transition impacts associated with LDTI. (e) Refer to Note 14 for additional information on the transition impacts associated with LDTI. (f) Other policyholder funds include URR. Refer to Note 14 for additional information on the transition impacts associated with LDTI. (g) Other liabilities include deferred cost of reinsurance liabilities. Refer to Note 8 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, effective as of 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 contracts 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 Statements of Income (Loss) for the three and nine months ended September 30, 2022: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI (in millions, except per common share data) Revenues: Premiums $ 1,305 $ (4) $ 1,301 $ 3,046 $ 1 $ 3,047 Policy fees 732 3 735 2,238 (44) 2,194 Total net realized gains (losses) 2,700 (602) 2,098 9,704 (2,199) 7,505 Total revenues 7,141 (603) 6,538 22,810 (2,242) 20,568 Benefits and expenses: Policyholder benefits 1,810 (154) 1,656 4,752 (499) 4,253 Change in the fair value of market risk benefits, net — (435) (435) — (713) (713) Interest credited to policyholder account balances 944 10 954 2,725 14 2,739 Amortization of deferred acquisition costs and value of business acquired 339 (76) 263 1,313 (555) 758 Non-deferrable insurance commissions 156 (18) 138 481 (48) 433 Total benefits and expenses 4,039 (673) 3,366 11,571 (1,801) 9,770 Income (loss) before income tax expense (benefit) 3,102 70 3,172 11,239 (441) 10,798 Income tax expense (benefit): 625 15 640 2,243 (92) 2,151 Net income (loss) 2,477 55 2,532 8,996 (349) 8,647 Net income (loss) attributable to Corebridge 2,351 55 2,406 8,715 (349) 8,366 Income (loss) per common share attributable to Corebridge common shareholders: Common stock - Basic $ 3.64 $ 0.09 $ 3.73 $ 13.51 $ (0.54) $ 12.97 Common stock - Diluted $ 3.63 $ 0.09 $ 3.72 $ 13.50 $ (0.54) $ 12.96 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Condensed Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended September 30, 2022: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI (in millions) Net income $ 2,477 $ 55 $ 2,532 $ 8,996 $ (349) $ 8,647 Other comprehensive income (loss), net of tax Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken (47) (2) (49) (46) (5) (51) Change in unrealized appreciation (depreciation) of all other investments (6,379) (1,184) (7,563) (27,442) (5,916) (33,358) Change in fair value of market risk benefits attributable to changes in our own credit risk — 252 252 — 1,615 1,615 Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts — 1,578 1,578 — 5,575 5,575 Change in foreign currency translation adjustments (78) (1) (79) (150) 1 (149) Other comprehensive income (loss) (6,510) 643 (5,867) (27,476) 1,270 (26,206) Comprehensive income (loss) (4,033) 698 (3,335) (18,480) 921 (17,559) Comprehensive income (loss) attributable to Corebridge (4,140) 698 (3,442) (18,742) 921 (17,821) 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 nine months ended September 30, 2022: Nine Months Ended September 30, 2022 As Previously Reported Effect of Change Updated Balances Post-Adoption of LDTI (in millions) Cash flows from operating activities: Net income $ 8,996 $ (349) $ 8,647 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 (2,864) 2,567 (297) Change in the fair value of market risk benefits in earnings, net — (1,032) (1,032) Depreciation and other amortization 1,055 (593) 462 Changes in operating assets and liabilities: Insurance liabilities 1,697 (852) 845 Premiums and other receivables and payables - net (33) (39) (72) Reinsurance assets and funds held under reinsurance treaties 412 655 1,067 Capitalization of deferred policy acquisition costs (735) (48) (783) Current and deferred income taxes - net 1,192 (92) 1,100 Other, net 654 (269) 385 Total adjustments (6,794) 297 (6,497) Net cash provided by operating activities 2,202 (52) 2,150 Cash flows from financing activities: Policyholder contract deposits $ 19,779 $ 52 $ 19,831 Net cash provided by financing activities $ 980 $ 52 $ 1,032

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 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 September 30, 2023 Premiums $ 29 $ 6 $ 449 $ 200 $ 19 $ — $ 703 $ (2) $ 701 Policy fees 182 102 371 47 — — 702 — 702 Net investment income (a) 1,240 504 313 408 (2) (7) 2,456 201 2,657 Net realized gains (losses) (a)(b) — — — — (5) — (5) 1,225 1,220 Advisory fee and other income 107 78 29 1 10 — 225 — 225 Total adjusted revenues 1,558 690 1,162 656 22 (7) 4,081 1,424 5,505 Policyholder benefits 29 12 673 389 — — 1,103 (1) 1,102 Change in the fair value of market risk benefits, net — — — — — — — (418) (418) Interest credited to policyholder account balances 582 298 86 165 — — 1,131 3 1,134 Amortization of deferred policy acquisition costs 150 21 95 2 — — 268 — 268 Non-deferrable insurance commissions 90 29 22 5 — — 146 — 146 Advisory fee expenses 35 29 1 — — — 65 — 65 General operating expenses 96 109 149 20 85 — 459 152 611 Interest expense — — — — 132 (4) 128 7 135 Net (gain) loss on divestitures — — — — — — — 1 1 Total benefits and expenses 982 498 1,026 581 217 (4) 3,300 (256) 3,044 Noncontrolling interests — — — — 32 — 32 Adjusted pre-tax operating income (loss) $ 576 $ 192 $ 136 $ 75 $ (163) $ (3) $ 813 Adjustments to: Total revenue 1,424 Total expenses (256) Noncontrolling interests (32) Income before income tax (benefit) $ 2,461 $ 2,461 Three Months Ended September 30, 2022 Premiums $ 56 $ 3 $ 417 $ 804 $ 20 $ — $ 1,300 $ 1 $ 1,301 Policy fees 192 101 393 49 — — 735 — 735 Net investment income (a) 940 491 307 257 39 (3) 2,031 129 2,160 Net realized gains (losses) (a)(b) — — — — 132 — 132 1,966 2,098 Advisory fee and other income 108 74 28 — 31 — 241 3 244 Total adjusted revenues 1,296 669 1,145 1,110 222 (3) 4,439 2,099 6,538 Policyholder benefits 69 5 666 918 — — 1,658 (2) 1,656 Change in the fair value of market risk benefits, net — — — — — — — (435) (435) Interest credited to policyholder account balances 492 289 84 85 — — 950 4 954 Amortization of deferred policy acquisition costs 139 20 102 2 — — 263 — 263 Non-deferrable insurance commissions 87 31 15 4 1 — 138 — 138 Advisory fee expenses 34 31 — — — — 65 — 65 General operating expenses 100 103 154 18 97 1 473 105 578 Interest expense — — — — 144 (8) 136 13 149 Net (gain) loss on divestitures — — — — — — — (2) (2) Total benefits and expenses 921 479 1,021 1,027 242 (7) 3,683 (317) 3,366 Noncontrolling interests — — — — (126) — (126) Adjusted pre-tax operating income (loss) $ 375 $ 190 $ 124 $ 83 $ (146) $ 4 $ 630 Adjustments to: Total revenue 2,099 Total expenses (317) Noncontrolling interests 126 Income before income tax (benefit) $ 3,172 $ 3,172 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Nine Months Ended September 30, 2023 Premiums $ 173 $ 16 $ 1,317 $ 3,686 $ 59 $ — $ 5,251 $ (2) $ 5,249 Policy fees 528 304 1,117 145 — — 2,094 — 2,094 Net investment income (a) 3,592 1,508 957 1,147 85 (18) 7,271 795 8,066 Net realized gains (losses) (a)(b) — — — — — — — (558) (558) Advisory fee and other income 318 230 84 1 40 — 673 — 673 Total adjusted revenues 4,611 2,058 3,475 4,979 184 (18) 15,289 235 15,524 Policyholder benefits 165 27 2,102 4,188 (3) — 6,479 (6) 6,473 Change in the fair value of market risk benefits, net — — — — — — — (484) (484) Interest credited to policyholder account balances 1,654 883 253 421 — — 3,211 27 3,238 Amortization of deferred policy acquisition costs 425 62 289 6 — — 782 — 782 Non-deferrable insurance commissions 270 90 60 14 1 — 435 — 435 Advisory fee expenses 105 87 2 — — — 194 — 194 General operating expenses 308 334 475 64 261 — 1,442 355 1,797 Interest expense — — — — 433 (14) 419 22 441 Net (gain) loss on divestitures — — — — — — — (55) (55) Total benefits and expenses 2,927 1,483 3,181 4,693 692 (14) 12,962 (141) 12,821 Noncontrolling interests — — — — 46 — 46 Adjusted pre-tax operating income (loss) $ 1,684 $ 575 $ 294 $ 286 $ (462) $ (4) $ 2,373 Adjustments to: Total revenue 235 Total expenses (141) Noncontrolling interests (46) Income before income tax expense (benefit) $ 2,703 $ 2,703 Nine Months Ended September 30, 2022 Premiums $ 172 $ 16 $ 1,282 $ 1,538 $ 62 $ — $ 3,070 $ (23) $ 3,047 Policy fees 563 319 1,167 145 — — 2,194 — 2,194 Net investment income (a) 2,824 1,506 1,013 760 361 (13) 6,451 570 7,021 Net realized gains (losses) (a)(b) — — — — 143 — 143 7,362 7,505 Advisory fee and other income 346 232 94 1 101 — 774 27 801 Total adjusted revenues 3,905 2,073 3,556 2,444 667 (13) 12,632 7,936 20,568 Policyholder benefits 212 28 2,144 1,880 — — 4,264 (11) 4,253 Change in the fair value of market risk benefits, net — — — — — — — (713) (713) Interest credited to policyholder account balances 1,412 859 256 215 — — 2,742 (3) 2,739 Amortization of deferred policy acquisition costs 384 59 310 5 — — 758 — 758 Non-deferrable insurance commissions 265 89 62 15 2 — 433 — 433 Advisory fee expenses 106 95 — — — — 201 — 201 General operating expenses 318 332 479 55 297 2 1,483 258 1,741 Interest expense — — — — 349 (29) 320 37 357 Net (gain) loss on divestitures — — — — — — — 1 1 Total benefits and expenses 2,697 1,462 3,251 2,170 648 (27) 10,201 (431) 9,770 Noncontrolling interests — — — — (281) — (281) Adjusted pre-tax operating income (loss) $ 1,208 $ 611 $ 305 $ 274 $ (262) $ 14 $ 2,150 Adjustments to: Total revenue 7,936 Total expenses (431) Noncontrolling interests 281 Income before income tax expense (benefit) $ 10,798 $ 10,798 (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments.

Held-For-Sale Classification (T

Held-For-Sale Classification (Tables)	9 Months Ended
	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations	The following table summarizes the components of assets and liabilities held-for-sale on the Condensed Consolidated Balance Sheet at September 30, 2023 after elimination of intercompany balances: September 30, 2023 AIG Life Laya and Other Total (in millions) Assets: Bonds available for sale $ 137 $ — $ 137 Other invested assets — — — Short-term investments, including restricted cash of $22 million 32 76 108 Cash 2 15 17 Accrued investment income 3 — 3 Premiums and other receivables, net of allowance for credit losses and disputes 127 15 142 Reinsurance assets - other, net of allowance for credit losses and disputes 794 — 794 Deferred income taxes 35 1 36 Deferred policy acquisition costs 755 — 755 Other assets, net of allowance for credit losses 109 139 248 Total assets held for sale $ 1,994 $ 246 $ 2,240 Liabilities: Future policy benefits for life and accident and health insurance contracts $ 592 $ — $ 592 Other policy funds — 40 40 Other liabilities 989 36 1,025 Total liabilities held for sale $ 1,581 $ 76 $ 1,657

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
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 and nine months ended September 30, 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 September 30, 2023 and 2022: (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Three Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, $ 853 $ (2) $ (77) $ (12) $ — $ — $ — $ 762 $ — $ (81) Corporate debt 1,303 (3) (65) (13) 147 (185) — 1,184 — (70) RMBS 5,753 74 (66) (13) 1 (22) — 5,727 — (106) CMBS 505 5 (28) (2) 33 — — 513 — (27) CLO 1,708 24 32 (40) 2 (11) 72 1,787 — 34 ABS 11,127 41 (167) 477 551 (2) — 12,027 — (153) Total bonds available for sale 21,249 139 (371) 397 734 (220) 72 22,000 — (403) Other bond securities: Obligations of states, municipalities and political subdivisions 3 — — (2) — — — 1 — — Corporate debt 110 1 — 65 — — — 176 3 — RMBS 112 (4) — (2) — — — 106 (4) — CMBS 26 (2) — — — — — 24 (3) — CLO 25 5 — (3) — (2) 44 69 3 — ABS 864 (2) — (33) — — — 829 (10) — Total other bond securities 1,140 (2) — 25 — (2) 44 1,205 (11) — Equity securities 44 — — 1 1 — — 46 — — Other invested assets 1,914 (17) (13) 72 34 — — 1,990 (14) — Total (a) $ 24,347 $ 120 $ (384) $ 495 $ 769 $ (222) $ 116 $ 25,241 $ (25) $ (403) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 6,813 $ (716) $ — $ 230 $ — $ — $ — $ 6,327 $ 972 $ — Derivative liabilities, net: Interest rate contracts (328) (183) — (10) — — — (521) 150 — Foreign exchange contracts — — — — — — — — — — Equity contracts (639) 244 — (121) — — 148 (368) (148) — Credit contracts — — — — — — — — — — Other contracts (15) (16) — 15 — — — (16) 16 — Total derivative liabilities, net (b) (982) 45 — (116) — — 148 (905) 18 — Fortitude Re funds withheld payable 1,460 (1,080) — (177) — — — 203 1,061 — Debt of consolidated investment entities — — — — — — — — — — Total (c) $ 7,291 $ (1,751) $ — $ (63) $ — $ — $ 148 $ 5,625 $ 2,051 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other (d) Fair Value Changes in Changes in Three Months Ended September 30, 2022 Assets: Bonds available for sale: Obligations of states, $ 931 $ — $ (106) $ (34) $ 1 $ (7) $ — $ 785 $ — $ (165) Corporate debt 1,836 (28) (32) (207) 1,360 (118) — 2,811 — (42) RMBS 6,144 73 (203) (179) 1 (9) — 5,827 — (177) CMBS 766 — (28) (55) 12 (11) — 684 — (37) CLO 2,798 (52) (3) (320) 222 (316) (701) 1,628 — (36) ABS 8,304 22 (416) 547 107 — — 8,564 — (450) Total bonds available for sale 20,779 15 (788) (248) 1,703 (461) (701) 20,299 — (907) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — — — — — — — Corporate debt 461 (4) — 65 29 (1) — 550 (7) — RMBS 119 (4) — 4 — — — 119 (4) — CMBS 29 (2) — — — — — 27 (3) — CLO 130 20 — (125) 12 (16) 1,345 1,366 (2) — ABS 704 (30) — 54 — — — 728 (36) — Total other bond securities 1,443 (20) — (2) 41 (17) 1,345 2,790 (52) — Equity securities 7 — — 7 — — — 14 — — Other invested assets 1,803 58 (25) (124) — (22) — 1,690 39 — Total (a) $ 24,032 $ 53 $ (813) $ (367) $ 1,744 $ (500) $ 644 $ 24,793 $ (13) $ (907) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 4,728 $ (274) $ — $ 289 $ — $ — $ — $ 4,743 $ 287 $ — Derivative liabilities, net: Interest rate contracts (137) (27) — (41) — — — (205) 29 — Foreign exchange contracts — (1) — 1 — — — — 1 — Equity contracts (145) 94 — (102) — — — (153) (89) — Credit contracts — — — — — — — — — — Other contracts (15) (16) — 15 — — — (16) 16 — Total derivative liabilities, net (b) (297) 50 — (127) — — — (374) (43) — Fortitude Re funds withheld payable 2,349 (1,463) — (89) — — — 797 1,506 — Debt of consolidated investment entities 6 (3) — 2 — — — 5 — — Total (c) $ 6,786 $ (1,690) $ — $ 75 $ — $ — $ — $ 5,171 $ 1,750 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, $ 805 $ (2) $ (26) $ (15) $ — $ — $ — $ 762 $ — $ (54) Corporate debt 1,968 (95) (23) (40) 358 (968) (16) 1,184 — (52) RMBS 5,670 230 27 (195) 33 (38) — 5,727 — (41) CMBS 718 5 (69) (42) 57 (156) — 513 — (98) CLO 1,670 (21) 58 (85) 67 (165) 263 1,787 — (13) ABS 9,595 136 (1) 1,717 589 (9) — 12,027 — (36) Total bonds available for sale 20,426 253 (34) 1,340 1,104 (1,336) 247 22,000 — (294) Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 2 — (51) — (192) — 176 2 — RMBS 107 2 — (3) — — — 106 (1) — CMBS 28 (4) — — — — — 24 (4) — CLO 11 14 — (49) 39 (44) 98 69 3 — ABS 741 18 — 105 — (35) — 829 (4) — Total other bond securities 1,304 32 — 3 39 (271) 98 1,205 (4) — Equity securities 26 — — 26 1 (7) — 46 — — Other invested assets 1,832 (80) (6) 210 34 — — 1,990 (77) — Total (a) $ 23,588 $ 205 $ (40) $ 1,579 $ 1,178 $ (1,614) $ 345 $ 25,241 $ (81) $ (294) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,367 $ 94 $ — $ 866 $ — $ — $ — $ 6,327 $ 296 $ — Derivative liabilities, net: Interest rate contracts (303) (68) — (150) — — — (521) 95 — Foreign exchange contracts — — — — — — — — — — Equity contracts (267) 44 — (436) — — 291 (368) (8) — Credit contracts — — — — — — — — — — Other contracts (14) (48) — 46 — — — (16) 48 — Total derivative liabilities, net (b) (584) (72) — (540) — — 291 (905) 135 — Fortitude Re funds withheld payable 1,262 (177) — (882) — — — 203 641 — Debt of consolidated investment entities 6 1 — (7) — — — — — — Total (c) $ 6,051 $ (154) $ — $ (563) $ — $ — $ 291 $ 5,625 $ 1,072 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other (d) Fair Value Changes in Changes in Nine Months Ended September 30, 2022 Assets: Bonds available for sale: Obligations of states, $ 1,395 $ 1 $ (527) $ (94) $ 17 $ (7) $ — $ 785 $ — $ (317) Corporate debt 1,907 (45) (146) (190) 1,664 (379) — 2,811 — (149) RMBS 7,595 231 (908) (672) 1 (420) — 5,827 — (843) CMBS 1,072 13 (127) 20 12 (306) — 684 — (130) CLO 3,038 (71) (167) (238) 1,254 (1,487) (701) 1,628 — (167) ABS 7,400 62 (1,237) 2,252 107 (20) — 8,564 — (1,321) Total bonds available for sale 22,407 191 (3,112) 1,078 3,055 (2,619) (701) 20,299 — (2,927) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — — — — — — — Corporate debt 134 (9) — 190 251 (16) — 550 (8) — RMBS 106 (13) — 26 — — — 119 (24) — CMBS 33 (6) — — — — — 27 (5) — CLO 149 (1) — (131) 69 (65) 1,345 1,366 (264) — ABS 205 (72) — 595 — — — 728 (94) — Total other bond securities 627 (101) — 680 320 (81) 1,345 2,790 (395) — Equity securities 2 — — 11 1 — — 14 — — Other invested assets 1,892 301 (51) (295) 24 (181) — 1,690 310 — Total (a) $ 24,928 $ 391 $ (3,163) $ 1,474 $ 3,400 $ (2,881) $ 644 $ 24,793 $ (85) $ (2,927) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,572 $ (1,477) $ — $ 648 $ — $ — $ — $ 4,743 $ 1,724 $ — Derivative liabilities, net: Interest rate contracts — (22) — (183) — — — (205) 21 — Foreign exchange contracts — (1) — 1 — — — — 1 — Equity contracts (457) 482 — (178) — — — (153) (272) — Credit contracts (1) 1 — — — — — — — — Other contracts (12) (46) — 42 — — — (16) 47 — Total derivative liabilities, net (b) (470) 414 — (318) — — — (374) (203) — Fortitude Re funds withheld payable 7,974 (6,694) — (483) — — — 797 7,009 — Debt of consolidated investment entities 5 — — — — — — 5 — — Total (c) $ 13,081 $ (7,757) $ — $ (153) $ — $ — $ — $ 5,171 $ 8,530 $ — (a) Excludes MRB assets of $978 million at September 30, 2023 and $743 million at September 30, 2022. Refer to Note 15 for additional information. (b) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. (c) Excludes MRB liabilities of $4.5 billion at September 30, 2023 and $4.6 billion at September 30, 2022. Refer to Note 15 for additional information. (d) 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. As a result of these transactions, we own all of the interests related to these investments and consolidate them in our financial statements. 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 September 30, 2023 Assets: Bonds available for sale $ — $ 162 $ (23) $ — $ — $ 139 Other bond securities — (2) — — — (2) Equity securities — — — — — — Other invested assets — (14) (3) — — (17) Three Months Ended September 30, 2022 Assets: Bonds available for sale $ — $ 68 $ (53) $ — $ — $ 15 Other bond securities — (20) — — — (20) Equity securities — — — — — — Other invested assets — 58 — — — 58 Nine Months Ended September 30, 2023 Assets: Bonds available for sale $ — $ 312 $ (59) $ — $ — $ 253 Other bond securities — 32 — — — 32 Equity securities — — — — — — Other invested assets — (78) (2) — — (80) Nine Months Ended September 30, 2022 Assets: Bonds available for sale $ — $ 291 $ (100) $ — $ — $ 191 Other bond securities — (101) — — — (101) Equity securities — — — — — — Other invested assets — 301 — — — 301 (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 September 30, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ 716 $ — $ — $ 716 Derivative liabilities, net 16 — (265) — 204 (45) Fortitude Re funds withheld payable — — 1,080 — — 1,080 Market risk benefit liabilities, net (c) — — 1 — 879 880 Debt of consolidated investment entities — — — — — — Three Months Ended September 30, 2022 Liabilities: Policyholder contract deposits (b) $ — $ — $ 274 $ — $ — $ 274 Derivative liabilities, net 17 — (120) — 53 (50) Fortitude Re funds withheld payable — — 1,463 — — 1,463 Market risk benefit liabilities, net (c) — — 2 — 720 722 Debt of consolidated investment entities — — — 3 — 3 Nine Months Ended September 30, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ (94) $ — $ — $ (94) Derivative liabilities, net 47 — (34) — 59 72 Fortitude Re funds withheld payable — — 177 — — 177 Market risk benefit liabilities, net (c) — — 4 — 1,676 1,680 Debt of consolidated investment entities — (1) — — — (1) Nine Months Ended September 30, 2022 Liabilities: Policyholder contract deposits (b) $ — $ — $ 1,477 $ — $ — $ 1,477 Derivative liabilities, net 46 — (600) — 140 (414) Fortitude Re funds withheld payable — — 6,694 — — 6,694 Market risk benefit liabilities, net (c) — — 10 — 1,677 1,687 Debt of consolidated investment entities — — — — — — (a) The portion of the fair value change attributable to our own credit risk is recognized in OCI. (b) Primarily embedded derivatives. (c) Market risk benefit assets and liabilities have been netted in these tables for presentation purposes only. (in millions) Purchases Sales Issuances Purchases, Sales, Three Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ — $ (12) Corporate debt 192 (30) (175) (13) RMBS 175 — (188) (13) CMBS — — (2) (2) CLO 18 (7) (51) (40) ABS 510 — (33) 477 Total bonds available for sale 895 (49) (449) 397 Other bond securities: Obligations of states, municipalities and political subdivisions — (2) — (2) Corporate debt 89 — (24) 65 RMBS — — (2) (2) CMBS — — — — CLO — — (3) (3) ABS 35 (8) (60) (33) Total other bond securities 124 (10) (89) 25 Equity securities 1 — — 1 Other invested assets 74 — (2) 72 Total assets* $ 1,094 $ (59) $ (540) $ 495 Liabilities: Policyholder contract deposits $ — $ 348 $ (118) $ 230 Derivative liabilities, net (28) — (88) (116) Fortitude Re funds withheld payable — — (177) (177) Debt of consolidated investment entities — — — — Total liabilities $ (28) $ 348 $ (383) $ (63) Three Months Ended September 30, 2022 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ — $ (34) $ (34) Corporate debt 21 (39) (189) (207) RMBS 56 — (235) (179) CMBS — — (55) (55) CLO 165 (25) (460) (320) ABS 416 — 131 547 Total bonds available for sale 658 (64) (842) (248) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 4 (3) 64 65 RMBS 7 — (3) 4 CMBS — — — — CLO 1 (123) (3) (125) ABS 62 — (8) 54 Total other bond securities 74 (126) 50 (2) Equity securities 6 — 1 7 Other invested assets 28 — (152) (124) Total assets* $ 766 $ (190) $ (943) $ (367) (in millions) Purchases Sales Issuances Purchases, Sales, Liabilities: Policyholder contract deposits $ — $ 239 $ 50 $ 289 Derivative liabilities, net (126) — (1) (127) Fortitude Re funds withheld payable — — (89) (89) Debt of consolidated investment entities — — 2 2 Total liabilities $ (126) $ 239 $ (38) $ 75 (in millions) Purchases Sales Issuances and Settlements Purchases, Sales, Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ (3) $ (15) Corporate debt 222 (30) (232) (40) RMBS 406 (42) (559) (195) CMBS 9 (27) (24) (42) CLO 100 (7) (178) (85) ABS 1,713 — 4 1,717 Total bonds available for sale 2,450 (118) (992) 1,340 Other bond securities: Obligations of states, municipalities and political subdivisions 3 (2) — 1 Corporate debt 156 — (207) (51) RMBS 6 — (9) (3) CMBS — — — — CLO 1 — (50) (49) ABS 148 (8) (35) 105 Total other bond securities 314 (10) (301) 3 Equity securities 26 — — 26 Other invested assets 225 — (15) 210 Total assets* $ 3,015 $ (128) $ (1,308) $ 1,579 Liabilities: Policyholder contract deposits $ — $ 1,076 $ (210) $ 866 Derivative liabilities, net (229) — (311) (540) Fortitude Re funds withheld payable — — (882) (882) Debt of consolidated investment entities — — (7) (7) Total liabilities $ (229) $ 1,076 $ (1,410) $ (563) (in millions) Purchases Sales Issuances and Settlements Purchases, Sales, Nine Months Ended September 30, 2022 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (59) $ (35) $ (94) Corporate debt 25 (39) (176) (190) RMBS 327 — (999) (672) CMBS 98 — (78) 20 CLO 337 (25) (550) (238) ABS 2,365 — (113) 2,252 Total bonds available for sale 3,152 (123) (1,951) 1,078 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 29 (3) 164 190 RMBS 37 — (11) 26 CMBS — — — — CLO 14 (123) (22) (131) ABS 609 — (14) 595 Total other bond securities 689 (126) 117 680 Equity securities 10 — 1 11 Other invested assets 537 — (832) (295) Total assets* $ 4,388 $ (249) $ (2,665) $ 1,474 Liabilities: Policyholder contract deposits $ — $ 656 $ (8) $ 648 Derivative liabilities, net (290) — (28) (318) Fortitude Re funds withheld payable — — (483) (483) Debt of consolidated investment entities — — — — Total liabilities $ (290) $ 656 $ (519) $ (153) * There were no issuances during the three and nine months ended September 30, 2023 and 2022 for invested assets.
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 September 30, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 739 Discounted cash flow Yield 5.64% - 6.05% (5.85%) Corporate debt $ 1,085 Discounted cash flow Yield 5.39% - 9.00% (7.19%) RMBS (c) $ 3,455 Discounted cash flow Prepayment Speed 3.90% - 8.91% (6.41%) Default Rate 0.75% - 2.40% (1.58%) Yield 5.38% - 7.31% (6.34%) Loss Severity 44.26% - 77.73% (60.99%) CLO (c) $ 1,460 Discounted cash flow Yield 7.45% - 9.17% (7.83%) ABS (c) $ 10,154 Discounted cash flow Yield 6.40% - 8.33% (7.36%) CMBS $ 450 Discounted cash flow Yield 5.69% - 16.31% (10.95%) Market risk benefit assets $ 978 Discounted cash flow Equity volatility 6.65% - 52.35% 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) 0.62% - 2.08% Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 1,835 Discounted cash flow Equity volatility 6.65% - 52.35% 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) 0.62% - 2.08% Fixed annuities guaranteed benefits $ 824 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) 0.62% - 2.08% (in millions) Fair Value at September 30, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Fixed index annuities guaranteed benefits $ 1,860 Discounted cash flow Equity volatility 6.65% - 52.35% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 146.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.62% - 2.08% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities (i) $ 5,573 Discounted cash flow Equity volatility 6.65% - 52.35% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 146.00% Utilization (h) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (g) 0.62% - 2.08% Index Life $ 754 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality rates 0.00% - 100.00% Equity Volatility 5.75% - 21.25% NPA (g) 0.62% - 2.08% (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 (i) $ 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 rates 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. (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 8 , 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 Condensed Consolidated Balance Sheets. 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 Condensed Consolidated Balance Sheets. (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 September 30, 2023 and December 31, 2022 was approximately $1.2 billion and $1.1 billion, respectively. (i) The fixed index annuities embedded derivative associated with index credits related to the contracts with guaranteed product features included in policyholder contract deposits was $1.2 billion and $1.1 billion at September 30, 2023 and December 31, 2022, 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. September 30, 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 $ 2,389 $ 1,707 $ 2,014 $ 1,719 Real estate Investments in real estate properties and infrastructure positions, including power plants and other energy generating facilities 1,059 565 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 203 98 212 118 Growth equity Funds that make investments in established companies for the purpose of growing their businesses 487 66 510 40 Mezzanine Funds that make investments in the junior debt and equity securities of leveraged companies 152 42 443 78 Other Includes distressed funds that invest in securities of 1,148 207 902 284 Total private equity funds 5,438 2,685 5,163 2,788 September 30, 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 4 — 5 — Long-short Securities that the manager believes are undervalued, with corresponding short positions to hedge market risk 252 — 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 98 — 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 97 — 178 — Total hedge funds 451 — 884 — Total $ 5,889 $ 2,685 $ 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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Assets: Other bond securities (a) $ (28) $ (182) $ 101 $ (477) Alternative investments (b) 35 (37) 116 160 Total assets 7 (219) 217 (317) Liabilities: Policyholder contract deposits (c) 6 7 8 22 Debt of consolidated investment entities — 3 — — Total liabilities 6 10 8 22 Total gain (loss) $ 13 $ (209) $ 225 $ (295) (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 6. For additional information regarding the funds withheld arrangements with Fortitude Re, see Note 8. (b) Includes certain hedge funds, private equity funds and other investment partnerships. (c) Represents GICs.
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 September 30, Nine Months Ended September 30, (in millions) Level 1 Level 2 Level 3 Total 2023 2022 2023 2022 September 30, 2023 Other investments $ — $ — $ 46 $ 46 $ 9 $ 11 $ 9 $ 11 Total $ — $ — $ 46 $ 46 $ 9 $ 11 $ 9 $ 11 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 September 30, 2023 Assets: Mortgage and other loans receivable $ — $ 29 $ 41,819 $ 41,848 $ 46,054 Other invested assets — 268 — 268 268 Short-term investments (a) — 3,102 — 3,102 3,102 Cash (b) 569 — — 569 569 Other assets 9 — — 9 9 Liabilities: Policyholder contract deposits associated with investment-type contracts — 97 132,378 132,475 140,107 Fortitude Re funds withheld payable — — 24,132 24,132 24,132 Other liabilities — 733 — 733 733 Short-term debt — 1,000 — 1,000 1,000 Long-term debt — 7,483 — 7,483 8,371 Debt of consolidated investment entities — 89 2,250 2,339 2,596 Separate account liabilities - investment contracts — 80,907 — 80,907 80,907 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 (a) Excludes $104 million of assets that were reclassified to Assets held-for-sale in the Condensed Consolidated Balance Sheets. See Note 4 f or additional information. (b) Excludes $17 million of assets that were reclassified to Assets held-for-sale in the Condensed Consolidated Balance Sheets. See Note 4 f or additional information.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 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) September 30, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 1,422 $ — $ 3 $ (325) $ 1,100 Obligations of states, municipalities and political subdivisions 6,479 — 15 (1,092) 5,402 Non-U.S. governments 4,671 (3) 13 (982) 3,699 Corporate debt 118,243 (69) 439 (23,238) 95,375 Mortgage-backed, asset-backed and collateralized: RMBS 13,312 (27) 587 (1,091) 12,781 CMBS 10,919 (10) 14 (1,323) 9,600 CLO 10,620 (1) 78 (179) 10,518 ABS 14,288 — 23 (1,408) 12,903 Total mortgage-backed, asset-backed and collateralized 49,139 (38) 702 (4,001) 45,802 Total bonds available for sale $ 179,954 $ (110) $ 1,172 $ (29,638) $ 151,378 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 $36 million and $39 million, and an amortized cost of $42 million and $43 million as of September 30, 2023 and December 31, 2022, respectively. Additionally, this includes CLOs which had a fair value of $15 million and an amortized cost of $15 million as of September 30, 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. 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 September 30, 2023 2022 (in millions) Structured Non-Structured Total Structured Non-Structured Total Balance, beginning of period $ 40 $ 50 $ 90 $ 19 $ 95 $ 114 Additions: Securities for which allowance for credit losses were not previously recorded 12 47 59 1 15 16 Reductions: Securities sold during the period (1) (3) (4) (1) (11) (12) 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 (14) (11) 5 (20) (15) Write-offs charged against the allowance (16) (8) (24) — (10) (10) Balance, end of period $ 38 $ 72 $ 110 $ 24 $ 69 $ 93 Nine Months Ended September 30, 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 27 75 102 35 111 146 Reductions: Securities sold during the period (2) (30) (32) (2) (45) (47) 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 2 (11) (9) (17) (42) (59) Write-offs charged against the allowance (16) (83) (99) — (25) (25) Balance, end of period $ 38 $ 72 $ 110 $ 24 $ 69 $ 93
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 September 30, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 287 $ 158 $ 421 $ 167 $ 708 $ 325 Obligations of states, municipalities and political subdivisions 2,269 475 2,606 617 4,875 1,092 Non-U.S. governments 1,090 292 2,342 687 3,432 979 Corporate debt 34,822 8,978 53,095 14,210 87,917 23,188 RMBS 5,146 504 3,449 559 8,595 1,063 CMBS 4,476 651 4,179 668 8,655 1,319 CLO 2,940 59 4,040 120 6,980 179 ABS 5,199 385 6,239 1,023 11,438 1,408 Total bonds available for sale $ 56,229 $ 11,502 $ 76,371 $ 18,051 $ 132,600 $ 29,553 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 September 30, 2023 Due in one year or less $ 2,206 $ 2,171 Due after one year through five years 21,584 20,546 Due after five years through ten years 24,083 21,016 Due after ten years 82,870 61,843 Mortgage-backed, asset-backed and collateralized 49,101 45,802 Total $ 179,844 $ 151,378 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 September 30, Nine Months Ended September 30, 2023 2022 2023 2022 (in millions) Gross Gross Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 14 $ (23) $ 11 $ (115) $ 98 $ (441) $ 104 $ (593) The following table presents the components of Net realized gains (losses): Three Months Ended September 30, 2023 2022 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (4) $ (5) $ (9) $ (42) $ (62) $ (104) Change in allowance for credit losses on fixed maturity securities (41) (7) (48) (9) 8 (1) Change in allowance for credit losses on loans (25) (25) (50) (40) (22) (62) Foreign exchange transactions, net of related hedges 135 (20) 115 525 44 569 Index-Linked interest credited embedded derivatives, net of related hedges 133 — 133 35 — 35 All other derivatives and hedge accounting* 141 (170) (29) 120 (89) 31 Sales of alternative investments and real estate investments 40 (1) 39 137 32 169 Other (11) — (11) (2) — (2) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative 368 (228) 140 724 (89) 635 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — 1,080 1,080 — 1,463 1,463 Net realized gains (losses) $ 368 $ 852 $ 1,220 $ 724 $ 1,374 $ 2,098 Nine Months Ended September 30, 2023 2022 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (275) $ (68) $ (343) $ (304) $ (185) $ (489) Change in allowance for credit losses on fixed maturity securities (84) (9) (93) (56) (32) (88) Change in allowance for credit losses on loans (107) (52) (159) (53) (22) (75) Foreign exchange transactions, net of related hedges 31 (11) 20 1,034 82 1,116 Index-Linked interest credited embedded derivatives, net of related hedges (186) — (186) 220 — 220 All other derivatives and hedge accounting* 235 (199) 36 105 (151) (46) Sales of alternative investments and real estate investments 48 (1) 47 147 35 182 Other (59) 2 (57) (10) 1 (9) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (397) (338) (735) 1,083 (272) 811 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — 177 177 — 6,694 6,694 Net realized gains (losses) $ (397) $ (161) $ (558) $ 1,083 $ 6,422 $ 7,505 * Derivative activity related to hedging MRBs is recorded in Change in the fair value of MRBs, net. For additional disclosures about MRBs, see Note 15. The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available-for-sale securities: Three Months Ended September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ (6,369) $ (10,044) $ (4,133) $ (42,320) Other investments (1) (4) 11 (4) Total increase (decrease) in unrealized appreciation (depreciation) of investments* $ (6,370) $ (10,048) $ (4,122) $ (42,324)
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: September 30, 2023 December 31, 2022 (in millions) Fair Value* Percent Fair Value* Percent Fixed maturity securities: U.S. government and government sponsored entities $ — — % $ — — % — % Obligations of states, municipalities and political subdivisions 43 1 % 37 1 % Non-U.S. governments 12 — % 22 1 % Corporate debt 2,395 56 % 2,222 56 % Mortgage-backed, asset-backed and collateralized: RMBS 174 4 % 165 4 % CMBS 234 5 % 232 6 % CLO 416 10 % 279 7 % ABS 912 21 % 812 21 % Total mortgage-backed, asset-backed and collateralized 1,736 40 % 1,488 38 % Total fixed maturity securities 4,186 97 % 3,769 96 % Equity securities 126 3 % 170 4 % Total $ 4,312 100 % $ 3,939 100 %
Schedule of Other Invested Assets	The following table summarizes the carrying amounts of other invested assets: (in millions) September 30, 2023 December 31, 2022 Alternative investments (a)(b) $ 7,924 $ 8,014 Investment real estate (c) 1,859 1,831 All other investments (d) 653 573 Total (e) $ 10,436 $ 10,418 (a) At September 30, 2023, included hedge funds of $451 million and private equity funds of $7.5 billion. At December 31, 2022, included hedge funds of $884 million and private equity funds of $7.1 billion. (b) The majority of our hedge fund investments are redeemable upon a single month or quarter’s notice, though redemption terms vary from single, immediate withdrawals, to withdrawals staggered up to eight quarters. Some of the portfolio consists of illiquid run-off or “side-pocket” positions whose liquidation horizons are uncertain and likely beyond a year after submission of the redemption notice. (c) Net of accumulated depreciation of $642 million and $616 million as of September 30, 2023 and December 31, 2022, respectively. The accumulated depreciation related to the investment real estate held by legacy affordable housing partnerships was $106 million and $124 million as of September 30, 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 September 30, 2023 and December 31, 2022, respectively. (e) Includes investments in related parties, which totaled $2.2 million and $6 million as of September 30, 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 September 30, 2023 and December 31, 2022: September 30, 2023 December 31, 2022 (in millions) Carrying Ownership Carrying Ownership Equity method investments $ 3,005 Various $ 3,185 Various
Components of Net Investment Income	The following table presents the components of Net investment income: Three Months Ended September 30, 2023 2022 (in millions) Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 1,976 $ 201 $ 2,177 $ 1,677 $ 228 $ 1,905 Other bond securities 7 (35) (28) (62) (120) (182) Equity securities 9 — 9 (5) — (5) Interest on mortgage and other loans 529 51 580 447 45 492 Alternative investments* (7) 25 18 (6) 11 5 Real estate 9 — 9 13 — 13 Other investments 25 (1) 24 39 — 39 Total investment income 2,548 241 2,789 2,103 164 2,267 Investment expenses 124 8 132 100 7 107 Net investment income $ 2,424 $ 233 $ 2,657 $ 2,003 $ 157 $ 2,160 Nine Months Ended September 30, 2023 2022 (in millions) Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 5,777 $ 626 $ 6,403 $ 4,949 $ 733 $ 5,682 Other bond securities 25 76 101 (115) (362) (477) Equity securities 41 — 41 (82) — (82) Interest on mortgage and other loans 1,605 150 1,755 1,228 131 1,359 Alternative investments* 72 69 141 625 138 763 Real estate 28 — 28 34 — 34 Other investments 36 (1) 35 91 — 91 Total investment income 7,584 920 8,504 6,730 640 7,370 Investment expenses 415 23 438 326 23 349 Net investment income $ 7,169 $ 897 $ 8,066 $ 6,404 $ 617 $ 7,021 * Included income from hedge funds and private equity funds. 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 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 September 30, 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 $ 9 $ 56 $ 65 $ (5) $ (38) $ (43) Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 26 6 32 1 6 7 Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (17) $ 50 $ 33 $ (6) $ (44) $ (50) Nine Months Ended September 30, 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 $ 42 $ 210 $ 252 $ (82) $ 308 $ 226 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 59 15 74 (47) (10) (57) Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (17) $ 195 $ 178 $ (35) $ 318 $ 283
Schedule of Financial Instruments Owned and Pledged as Collateral	The following table presents the fair value of securities pledged to counterparties under secured financing transactions, including repurchase agreements: (in millions) September 30, 2023 December 31, 2022 Fixed maturity securities available for sale $ 764 $ 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 September 30, 2023 Bonds available for sale: Non-U.S. governments $ — $ 38 $ — $ — $ — $ 38 Corporate debt 34 692 — — — 726 Total $ 34 $ 730 $ — $ — $ — $ 764 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)	9 Months Ended
	Sep. 30, 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) September 30, 2023 December 31, 2022 Commercial mortgages (a) $ 34,018 $ 32,993 Residential mortgages 7,850 5,856 Life insurance policy loans 1,761 1,750 Commercial loans, other loans and notes receivable (b) 3,177 4,567 Total mortgage and other loans receivable 46,806 45,166 Allowance for credit losses (c) (752) (600) Mortgage and other loans receivable, net $ 46,054 $ 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 September 30, 2023, and 20% and 11%, respectively, at December 31, 2022). The weighted average loan-to-value ratio for NY and CA was 60% and 55% at September 30, 2023, respectively, and 59% and 53% at December 31, 2022, respectively. The debt service coverage ratio for NY and CA was 1.9X and 2.1X at September 30, 2023, respectively, and 2.0X and 2.1X at December 31, 2022, respectively. (b) There were no loans that were held for sale which are carried at lower of cost or market as of September 30, 2023. The net carrying value of these loans was $170 million as of December 31, 2022. (c) Does not include allowance for credit losses of $61 million and $60 million at September 30, 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*: September 30, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total >1.2X $ 1,432 $ 5,636 $ 1,951 $ 1,235 $ 4,939 $ 12,655 $ 27,848 1.00 - 1.20X 107 1,000 1,243 296 200 2,368 5,214 <1.00X — 38 — — — 918 956 Total commercial mortgages $ 1,539 $ 6,674 $ 3,194 $ 1,531 $ 5,139 $ 15,941 $ 34,018 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 September 30, 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*: September 30, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total Less than 65% $ 1,373 $ 4,446 $ 2,363 $ 1,087 $ 3,628 $ 10,984 $ 23,881 65% to 75% 166 1,656 509 239 1,461 3,307 7,338 76% to 80% — 532 43 — — 171 746 Greater than 80% — 40 279 205 50 1,479 2,053 Total commercial mortgages $ 1,539 $ 6,674 $ 3,194 $ 1,531 $ 5,139 $ 15,941 $ 34,018 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 59% at September 30, 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 (c) September 30, 2023 Credit Quality Performance Indicator: In good standing 621 $ 13,871 $ 8,493 $ 3,459 $ 5,907 $ 1,802 $ 315 $ 33,847 99% 90 days or less delinquent 1 — 15 — — — — 15 —% >90 days delinquent or in process of foreclosure (a) 1 — 156 — — — — 156 —% Total (b) 623 $ 13,871 $ 8,664 $ 3,459 $ 5,907 $ 1,802 $ 315 $ 34,018 99% Allowance for credit losses $ 84 $ 435 $ 50 $ 81 $ 27 $ 4 $ 681 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 (a) 3 — 167 — — — — 167 1% Total (b) 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) Includes $156 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 September 30, 2023 and December 31, 2022, respectively. (b) Does not reflect allowance for credit losses. (c) 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. The following table presents credit quality performance indicators for residential mortgages by year of vintage: September 30, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total FICO*: 780 and greater $ 354 $ 507 $ 2,294 $ 628 $ 241 $ 505 $ 4,529 720 - 779 821 581 549 168 99 214 2,432 660 - 719 215 248 102 40 37 123 765 600 - 659 2 21 10 8 9 50 100 Less than 600 — — 2 2 4 16 24 Total residential mortgages $ 1,392 $ 1,357 $ 2,957 $ 846 $ 390 $ 908 $ 7,850 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 September 30, 2023 2022 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Allowance, beginning of period $ 621 $ 68 $ 689 $ 414 $ 70 $ 484 Loans charged off (1) — (1) — — — Net charge-offs (1) — (1) — — — Addition to (release of) allowance for loan losses 61 3 64 51 13 64 Allowance, end of period $ 681 $ 71 $ 752 $ 465 $ 83 $ 548 Nine Months Ended September 30, 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) (4) — (4) Net charge-offs (5) — (5) (4) — (4) Addition to (release of) allowance for loan losses 155 2 157 46 10 56 Allowance, end of period $ 681 $ 71 $ 752 $ 465 $ 83 $ 548 * Does not include allowance for credit losses of $61 million and $76 million, respectively, at September 30, 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)	9 Months Ended
	Sep. 30, 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: September 30, 2023 December 31, 2022 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available for sale $ 13,957 $ 13,957 $ 16,339 $ 16,339 Fair value through other comprehensive income Fixed maturity securities - fair value option 3,777 3,777 3,485 3,485 Fair value through net investment income Commercial mortgage loans 3,530 3,244 3,490 3,241 Amortized cost Real estate investments 122 295 133 348 Amortized cost Private equity funds/hedge funds 1,856 1,856 1,893 1,893 Fair value through net investment income Policy loans 335 335 355 355 Amortized cost Short-term Investments 120 120 69 69 Fair value through net investment income Funds withheld investment assets 23,697 23,584 25,764 25,730 Derivative assets, net (a) — — 90 90 Fair value through realized gains (losses) Other (b) 751 751 731 731 Amortized cost Total $ 24,448 $ 24,335 $ 26,585 $ 26,551 (a) The derivative assets and liabilities have been presented net of cash collateral. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $10 million and $2 million, respectively, as of September 30, 2023. The derivative assets supporting the Fortitude Re funds withheld arrangements had a fair market value of $189 million as of December 31, 2022. 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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Net investment income - Fortitude Re funds withheld assets $ 233 $ 157 $ 897 $ 617 Net realized losses on Fortitude Re funds withheld assets: Net realized losses Fortitude Re funds withheld assets (228) (89) (338) (272) Net realized gains Fortitude Re funds withheld embedded derivatives 1,080 1,463 177 6,694 Net realized gains (losses) on Fortitude Re funds withheld assets 852 1,374 (161) 6,422 Income before income tax expense 1,085 1,531 736 7,039 Income tax expense* (228) (321) (155) (1,478) Net income 857 1,210 581 5,561 Change in unrealized depreciation of the invested assets supporting the Fortitude Re modco arrangement classified as available for sale* (820) (1,091) (534) (5,242) Comprehensive income $ 37 $ 119 $ 47 $ 319 * The income tax expense (benefit) and the tax impact in OCI was computed using the U.S. statutory tax rate of 21%.
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 following table presents a rollforward of the reinsurance recoverable allowance: Three Months Ended September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Balance, beginning of period $ 66 $ 107 $ 84 $ 101 Current period provision for expected credit losses and disputes 4 1 (14) 7 Write-offs charged against the allowance for credit losses and disputes — — — — Other changes — — — — Balance, end of period $ 70 $ 108 $ 70 $ 108

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 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 September 30, 2023 Assets: Bonds available for sale $ — $ 67 $ 67 Other bond securities 2 — 2 Equity securities 7 — 7 Mortgage and other loans receivable — 1,956 1,956 Other invested assets Alternative investments (a) 2,849 — 2,849 Investment real estate 1,414 — 1,414 Short-term investments 134 10 144 Cash 54 — 54 Accrued investment income — 5 5 Other assets 90 1 91 Total assets (b) $ 4,550 $ 2,039 $ 6,589 Liabilities: Debt of consolidated investment entities $ 1,186 $ 1,164 $ 2,350 Other liabilities 70 4 74 Total liabilities $ 1,256 $ 1,168 $ 2,424 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 September 30, 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 September 30, 2023 and December 31, 2022, together, the Company and AIG affiliates have commitments to internal parties of $1.9 billion and $2.1 billion and commitments to external parties of $0.4 billion and $0.6 billion, respectively. At September 30, 2023, $1.2 billion out of the internal commitments was from subsidiaries of Corebridge entities and $0.6 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 months 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. The following table presents the revenue, net income (loss) attributable to noncontrolling interests and net income (loss) attributable to Corebridge associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Statements of Income (Loss): Real Estate and Securitization Affordable Investment and Repackaging Housing (in millions) Entities Vehicles Partnerships Total Three Months Ended September 30, 2023 Total revenue $ (21) $ 18 $ — $ (3) Net income attributable to noncontrolling interests (32) — — (32) Net income (loss) attributable to Corebridge (5) 12 — 7 Three Months Ended September 30, 2022 Total revenue $ 214 $ (22) $ — $ 192 Net income attributable to noncontrolling interests 126 — — 126 Net income (loss) attributable to Corebridge 77 (73) — 4 Nine Months Ended September 30, 2023 Total revenue $ 48 $ 95 $ — $ 143 Net income attributable to noncontrolling interests (46) — — (46) Net income (loss) attributable to Corebridge 47 66 — 113 Nine Months Ended September 30, 2022 Total revenue $ 602 $ 91 $ — $ 693 Net income attributable to noncontrolling interests 280 1 — 281 Net income (loss) attributable to Corebridge 286 (32) — 254 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 September 30, 2023 Real estate and investment entities (a) $ 383,670 $ 5,575 $ 2,827 $ 8,402 Total $ 383,670 $ 5,575 $ 2,827 $ 8,402 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 September 30, 2023 and December 31, 2022, $5.5 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)	9 Months Ended
	Sep. 30, 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: September 30, 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 $ 179 $ 191 $ 3,042 $ 92 $ 155 $ 202 $ 1,798 $ 77 Foreign exchange contracts 6,427 623 376 19 3,535 575 3,354 176 Derivatives not designated as hedging instruments: (a) Interest rate contracts 33,952 2,057 29,295 4,071 27,656 1,371 21,553 2,599 Foreign exchange contracts 11,408 835 1,788 254 4,630 672 6,673 456 Equity contracts 40,896 1,417 24,637 854 26,041 417 9,962 27 Other contracts (b) 45,311 16 — — 47,128 15 48 — Total derivatives, gross $ 138,173 $ 5,139 $ 59,138 $ 5,290 $ 109,145 $ 3,252 $ 43,388 $ 3,335 Counterparty netting (c) (3,680) (3,680) (2,547) (2,547) Cash collateral (d) (1,187) (1,520) (406) (691) Total derivatives on Condensed Consolidated Balance Sheets (e) $ 272 $ 90 $ 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 September 30, 2023 and December 31, 2022. The fair value of liabilities related to bifurcated embedded derivatives was $6.6 billion and $6.7 billion at September 30, 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 8. 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: September 30, 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 $ 73,591 $ 4,136 $ 48,641 $ 4,965 $ 60,633 $ 3,177 $ 42,109 $ 3,154 Total derivatives with third parties 64,582 1,003 10,497 325 48,512 75 1,279 181 Total derivatives, gross $ 138,173 $ 5,139 $ 59,138 $ 5,290 $ 109,145 $ 3,252 $ 43,388 $ 3,335 As of September 30, 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: September 30, 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 $ 6,753 $ — $ 6,520 $ — Commercial mortgage and other loans (a) — (23) — (25) Policyholder contract deposits (b) (4,750) 71 (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 September 30, 2023 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (57) — 54 (3) Net investment income 1 — (1) — Foreign exchange contracts: Realized gains (losses) 226 (124) (226) (124) Three Months Ended September 30, 2022 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (66) — 64 (2) Net investment income 25 — (24) 1 Foreign exchange contracts: Realized gains (losses) 418 105 (418) 105 Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Nine Months Ended September 30, 2023 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (14) — 3 (11) Net investment income 1 — — 1 Foreign exchange contracts: Realized gains (losses) 64 (15) (64) (15) Nine Months Ended September 30, 2022 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (156) — 157 1 Net investment income 26 — (25) 1 Foreign exchange contracts: Realized gains (losses) 949 181 (949) 181 (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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 By Derivative Type: Interest rate contracts $ (618) $ (536) $ (734) $ (2,218) Foreign exchange contracts 268 893 78 1,797 Equity contracts (459) 27 (507) (93) Credit contracts — — — (1) Other contracts 25 16 50 48 Embedded derivatives within policyholder contract deposits 718 277 (101) 1,494 Fortitude Re funds withheld embedded derivative 1,080 1,463 177 6,694 Total (a) $ 1,014 $ 2,140 $ (1,037) $ 7,721 By Classification: Policy fees $ 16 $ 16 $ 48 $ 45 Net investment income 1 8 (1) 6 Net realized gains - excluding Fortitude Re funds withheld assets 538 978 133 2,001 Net realized losses on Fortitude Re funds withheld assets (155) (31) (197) (39) Net realized gains on Fortitude Re funds withheld embedded derivatives 1,080 1,463 177 6,694 Policyholder benefits (5) (7) (5) (21) Change in the Fair value of market risk benefits (b) (461) (287) (1,192) (965) Total (b) $ 1,014 $ 2,140 $ (1,037) $ 7,721 (a) Includes gains (losses) with related parties of $(744) million and $240 million for the three months ended September 30, 2023 and 2022, respectively, and $(984) million and $(1.2) billion for the nine months ended September 30, 2023 and 2022, respectively.

Deferred Policy Acquisition C_2

Deferred Policy Acquisition Costs (Tables)	9 Months Ended
	Sep. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Policy Acquisition Costs	The following table presents the transition rollforward for deferred policy acquisition costs for long-duration contracts: 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 and value of business acquired related to long-duration contracts for the nine months ended September 30, 2023 and 2022: Individual Group Life Institutional Total (in millions) DAC Balance at January 1, 2023 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 519 55 341 22 937 Amortization expense (424) (62) (282) (6) (774) Other, including foreign exchange — — 5 — 5 Reclassified to Assets held-for-sale — — (684) — (684) Balance at September 30, 2023 $ 4,738 $ 1,053 $ 4,098 $ 67 $ 9,956 Balance at January 1, 2022 $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 Capitalization 419 44 306 13 782 Amortization expense (384) (59) (303) (5) (751) Other, including foreign exchange 1 — (105) — (104) Balance at September 30, 2022 $ 4,640 $ 1,063 $ 4,663 $ 46 $ 10,412 VOBA: Balance at January 1, 2023 $ 3 $ 1 $ 87 $ — $ 91 Amortization expense (1) — (7) — (8) Other, including foreign exchange — — 5 — 5 Reclassified to Assets held-for-sale — — (71) — (71) Balance at September 30, 2023 $ 2 $ 1 $ 14 $ — $ 17 Individual Group Life Institutional Total (in millions) Balance at January 1, 2022 $ 3 $ 1 $ 109 $ — $ 113 Amortization expense — — (7) — (7) Other, including foreign exchange (1) — (15) — (16) Balance at September 30, 2022 $ 2 $ 1 $ 87 $ — $ 90 Total DAC and VOBA: Balance at September 30, 2023 $ 9,973 Balance at September 30, 2022 $ 10,502 Balance at December 31, 2022 $ 10,563 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 was reducing DSI. The following table presents a rollforward of deferred sales inducement assets related to long-duration contracts for the nine months ended September 30, 2023 and 2022: Nine Months Ended September 30, 2023 2022 Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 Capitalization 5 — 5 5 — 5 Amortization expense (41) (10) (51) (41) (10) (51) Balance, end of period $ 345 $ 167 $ 512 $ 392 $ 181 $ 573 Other reconciling items* 1,302 1,845 Other assets, including restricted cash $ 1,814 $ 2,418 * Other reconciling items include prepaid expenses, goodwill, intangible assets and any similar items.

Future Policy Benefits (Tables)

Future Policy Benefits (Tables)	9 Months Ended
	Sep. 30, 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: Nine Months Ended September 30, 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 — — 34 — 21 55 Effect of actual variances from expected experience — — 36 — 16 52 Adjusted beginning of year balance — — 13,596 — 1,094 14,690 Issuances — — 986 — — 986 Interest accrual — — 325 — 34 359 Net premium collected — — (1,093) — (90) (1,183) Foreign exchange impact — — 44 — — 44 Other — — 11 — (3) 8 Ending balance at original discount rate — — 13,869 — 1,035 14,904 Effect of changes in discount rate assumptions (AOCI) — — (2,199) — (95) (2,294) Reclassified to Liabilities held-for-sale — — (3,784) — — (3,784) Balance, end of period $ — $ — $ 7,886 $ — $ 940 $ 8,826 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) — — 62 — 76 138 Effect of actual variances from expected experience (a) (1) (1) 85 21 (10) 94 Adjusted beginning of year balance 1,389 212 24,750 15,119 21,578 63,048 Issuances 141 16 978 3,503 4 4,642 Interest accrual 38 8 679 478 770 1,973 Benefit payments (95) (20) (1,461) (810) (1,121) (3,507) Foreign exchange impact — — 54 48 — 102 Other — — 8 — (18) (10) Ending balance at original discount rate 1,473 216 25,008 18,338 21,213 66,248 Effect of changes in discount rate assumptions (AOCI) (217) (9) (4,397) (3,512) (2,214) (10,349) Reclassified to Liabilities held-for-sale — — (4,352) — — (4,352) Balance, end of period $ 1,256 $ 207 $ 16,259 $ 14,826 $ 18,999 $ 51,547 Net liability for future policy benefits, end of period 1,256 207 8,373 14,826 18,059 42,721 Liability for future policy benefits for certain participating contracts — — 13 — 1,308 1,321 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,223 — 55 3,278 Deferred profit liability 80 9 18 1,428 865 2,400 Other reconciling items (c) 34 — 508 — 93 635 Future policy benefits for life and accident and health insurance contracts 1,370 216 12,135 16,254 20,380 50,355 Less: Reinsurance recoverable: (4) — (700) (37) (20,380) (21,121) Net liability for future policy benefits after reinsurance recoverable $ 1,366 $ 216 $ 11,435 $ 16,217 $ — $ 29,234 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.4 6.6 11.9 10.9 10.8 Nine Months Ended September 30, 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 — — 123 — — 123 Effect of actual variances from expected experience — — (19) — 5 (14) Adjusted beginning of year balance — — 13,767 — 1,129 14,896 Issuances — — 1,050 — — 1,050 Interest accrual — — 297 — 37 334 Net premium collected — — (1,060) — (93) (1,153) Foreign exchange impact — — (854) — — (854) Other — — (1) — — (1) Ending balance at original discount rate — — 13,199 — 1,073 14,272 Effect of changes in discount rate assumptions (AOCI) — — (2,111) — (80) (2,191) Balance, end of period $ — $ — $ 11,088 $ — $ 993 $ 12,081 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) — — 140 (6) — 134 Effect of actual variances from expected experience (a) (16) (2) (24) (11) (24) (77) Adjusted beginning of year balance 1,262 216 24,841 13,003 21,977 61,299 Issuances 156 9 1,055 1,507 8 2,735 Interest accrual 31 7 657 333 787 1,815 Benefit payments (86) (18) (1,317) (602) (1,118) (3,141) Foreign exchange impact — — (1,093) (555) — (1,648) Other — — (2) — (11) (13) Ending balance at original discount rate 1,363 214 24,141 13,686 21,643 61,047 Effect of changes in discount rate assumptions (AOCI) (188) (4) (3,844) (2,786) (1,546) (8,368) Balance, end of period $ 1,175 $ 210 $ 20,297 $ 10,900 $ 20,097 $ 52,679 Net liability for future policy benefits, end of period 1,175 210 9,209 10,900 19,104 40,598 Liability for future policy benefits for certain participating contracts — — 14 — 1,349 1,363 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,177 — 55 3,232 Deferred profit liability 92 12 14 1,148 898 2,164 Other reconciling items (c) 30 — 547 — 101 678 Future policy benefits for life and accident and health insurance contracts 1,297 222 12,961 12,048 21,507 48,035 Less: Reinsurance recoverable: (4) — (1,069) (37) (21,491) (22,601) Net liability for future policy benefits after reinsurance recoverable $ 1,293 $ 222 $ 11,892 $ 12,011 $ 16 $ 25,434 Weighted average liability duration of the liability for future policy benefits (d) 7.4 6.8 11.9 10.1 11.2 (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. (e) Includes balances that were reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets . See Note 4 for additional information. The following table presents the amount of undiscounted expected future benefit payments and undiscounted and discounted expected gross premiums for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2023 2022 Individual Retirement Undiscounted expected future benefits and expense $ 2,119 $ 1,889 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 315 $ 324 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Life Insurance (a) Undiscounted expected future benefits and expense $ 39,763 $ 38,238 Undiscounted expected future gross premiums $ 29,789 $ 28,584 Discounted expected future gross premiums (at current discount rate) $ 18,596 $ 17,965 Institutional Markets Undiscounted expected future benefits and expense $ 33,025 $ 21,866 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Corporate and Other (b) Undiscounted expected future benefits and expense $ 43,250 $ 44,919 Undiscounted expected future gross premiums $ 2,141 $ 2,305 Discounted expected future gross premiums (at current discount rate) $ 1,372 $ 1,481 (a) Includes balances that have been reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets. See Note 4 for additional information. (b) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Nine Months Ended September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Individual Retirement $ 164 $ 160 $ 38 $ 31 Group Retirement 16 16 8 7 Life Insurance 1,781 1,751 354 360 Institutional Markets 3,709 1,558 478 333 Corporate and Other 161 168 736 750 Total $ 5,831 $ 3,653 $ 1,614 $ 1,481 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: September 30, 2023 Individual Group Life Institutional Corporate and Other Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.14 % 3.97 % 4.87 % Weighted-average interest rate, current discount rate * 5.92 % 5.90 % 5.92 % 5.87 % 5.94 % September 30, 2022 Weighted-average interest rate, original discount rate 3.42 % 5.20 % 4.13 % 3.41 % 4.89 % Weighted-average interest rate, current discount rate 5.52 % 5.50 % 5.56 % 5.56 % 5.57 % The following table presents the transition rollforward for deferred profit liability for long-duration contracts: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 deferred profit liability balance $ 2 $ — $ 5 $ 64 $ — $ 71 Adjustments for the reclassification from/(to) the liability for the future policy benefits 65 8 — 766 859 1,698 Post-adoption January 1, 2021 deferred profit liability balance $ 67 $ 8 $ 5 $ 830 $ 859 $ 1,769 The following table presents the transition rollforward of the additional liabilities : Individual Group Life Corporate and Other Total (in millions) Pre-adoption December 31, 2020 additional liabilities $ 1,391 $ 219 $ 5,117 $ 55 $ 6,782 Adjustment for the reclassification of additional liabilities from Future policy benefits to Market risk benefits (a) (875) (130) — — (1,005) Adjustment for removal of related balances in Accumulated other comprehensive income (loss) originating from unrealized gains (losses) (b) (516) (89) — — (605) Post-adoption January 1, 2021 additional liabilities $ — $ — $ 5,117 $ 55 $ 5,172 (a) Adjustments for the reclassification of additional liabilities from Future policy benefits to MRBs represent 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. For additional information on the transition impacts associated with LDTI, see Note 13. (b) Adjustments for the removal of related balances in AOCI originating from unrealized gains (losses) relate to the additional liabilities reclassified from Future policy benefits in the line above. The following table presents the balances and changes in the liability for universal life policies with secondary guarantees and similar features: Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Life Corporate and Other Total Life Corporate and Other Total (in millions, except duration of liability) Balance, beginning of year $ 3,300 $ 55 $ 3,355 $ 4,952 $ 55 $ 5,007 Effect of changes in assumptions (41) — (41) (24) — (24) Effect of changes in experience 174 (3) 171 245 (3) 242 Adjusted beginning balance $ 3,433 $ 52 $ 3,485 $ 5,173 $ 52 $ 5,225 Assessments 518 1 519 528 1 529 Excess benefits paid (681) — (681) (697) — (697) Interest accrual 95 2 97 94 2 96 Other 20 — 20 (14) — (14) Changes related to unrealized appreciation (depreciation) of investments (162) — (162) (1,907) — (1,907) Balance, end of period $ 3,223 $ 55 $ 3,278 $ 3,177 $ 55 $ 3,232 Less: Reinsurance recoverable (162) — (162) (214) — (214) Balance, end of period net of Reinsurance recoverable $ 3,061 $ 55 $ 3,116 $ 2,963 $ 55 $ 3,018 Weighted average duration of liability * 25.4 9.3 26.8 9.6 * The weighted average duration of liabilities is 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, which can be found in the table below. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for the liability for universal life policies with secondary guarantees and similar features: Gross Assessments Nine Months Ended September 30, Interest Accretion Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Life Insurance $ 855 $ 922 $ 95 $ 94 Corporate and Other 31 29 2 2 Total $ 886 $ 951 $ 97 $ 96 The following table presents the calculation of weighted average interest rate for the liability for universal life policies with secondary guarantees and similar features: September 30, 2023 2022 Life Corporate and Other Life Corporate and Other Weighted-average interest rate 3.94 % 4.20 % 3.75 % 4.20 % The weighted average interest rates are calculated using projected future net liability cash flows that are aggregated to the segment level, and are represented as an annual rate. The following table presents details concerning our universal life policies with secondary guarantees and similar features: Nine Months Ended September 30, (in millions, except for attained age of contract holders) 2023 2022 Account value $ 3,654 $ 3,462 Net amount at risk $ 71,497 $ 68,350 Average attained age of contract holders 53 53 The following table presents the transition rollforward of Policyholder contract deposits account balances: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 Policyholder contract deposits $ 85,097 $ 43,805 $ 10,286 $ 11,559 $ 4,145 $ 154,892 Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s) (5,894) (577) — — — (6,471) Post-adoption January 1, 2021 Policyholder contract deposits $ 79,203 $ 43,228 $ 10,286 $ 11,559 $ 4,145 $ 148,421 The following table presents the balances and changes in Policyholder contract deposits account balances (a) : Nine Months Ended September 30, 2023 Individual Group Life Institutional Corporate Total (in millions, except for average crediting rate) and Other Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 12,885 3,943 1,211 3,707 34 21,780 Policy charges (661) (359) (1,143) (50) (47) (2,260) Surrenders and withdrawals (10,310) (6,010) (194) (502) (65) (17,081) Benefit payments (2,984) (1,801) (222) (1,355) (233) (6,595) Net transfers from (to) separate account 2,577 1,896 1 565 — 5,039 Interest credited 1,482 843 297 353 127 3,102 Other (7) 6 16 (9) (11) (5) Policyholder contract deposits account balance, end of period $ 92,536 $ 41,913 $ 10,190 $ 14,443 $ 3,392 $ 162,474 Other reconciling items (b) (2,280) (327) 11 (20) — (2,616) Policyholder contract deposits 90,256 41,586 10,201 14,423 3,392 159,858 Weighted average crediting rate 2.65 % 2.88 % 4.37 % 3.66 % 4.99 % Cash surrender value (c) $ 85,644 $ 40,928 $ 9,008 $ 2,577 $ 1,732 $ 139,889 Nine Months Ended September 30, 2022 Individual Group Life Institutional Corporate Total (in millions, except for average crediting rate) and Other Policyholder contract deposits account balance, beginning of year $ 84,097 $ 43,902 $ 10,183 $ 10,804 $ 3,823 $ 152,809 Deposits 11,359 3,599 1,252 1,296 36 17,542 Policy charges (631) (356) (1,175) (52) (49) (2,263) Surrenders and withdrawals (6,232) (4,146) (162) (44) (48) (10,632) Benefit payments (2,872) (1,634) (164) (593) (273) (5,536) Net transfers from (to) separate account 1,606 1,659 (1) 26 — 3,290 Interest credited 1,242 825 286 207 134 2,694 Other 3 1 (10) (48) 8 (46) Policyholder contract deposits account balance, end of period $ 88,572 $ 43,850 $ 10,209 $ 11,596 $ 3,631 $ 157,858 Other reconciling items (b) (2,372) (356) (125) (33) 2 (2,884) Policyholder contract deposits 86,200 43,494 10,084 11,563 3,633 154,974 Weighted average crediting rate 2.40 % 2.74 % 4.28 % 2.49 % 4.91 % Cash surrender value (c) $ 82,151 $ 42,970 $ 8,948 $ 2,532 $ 1,824 $ 138,425 (a) Transactions between the general account and the separate account are presented in this table on a gross basis (e.g., a policyholder's funds are initially deposited into the general account and then simultaneously transferred to the separate account), and thus, did not impact the ending balance of policyholder contract deposits. (b) Reconciling items principally relate to MRBs that are bifurcated and reported separately, net of embedded derivatives that are recorded in PCD. (c) Cash surrender value is related to the portion of policyholder contract deposits that have a defined cash surrender value (e.g. GICs do not have a cash surrender value). For information related to net amount at risk, refer to the table that presents the balances of and changes in MRBs in Note 15. The following table presents Policyholder contract deposits account balance by range of guaranteed minimum crediting rates and the related range of difference, in basis points, between rates being credited to policyholders and the respective guaranteed minimums: September 30, 2023 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 6,741 $ 2,234 $ 24,455 $ 33,430 > 1% - 2% 3,940 22 1,909 5,871 > 2% - 3% 8,401 11 822 9,234 > 3% - 4% 6,864 37 6 6,907 > 4% - 5% 439 — 4 443 > 5% 32 — 3 35 Total $ 26,417 $ 2,304 $ 27,199 $ 55,920 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,197 $ 2,467 $ 6,304 $ 10,968 > 1% - 2% 3,874 1,347 667 5,888 > 2% - 3% 12,700 159 93 12,952 > 3% - 4% 641 — — 641 > 4% - 5% 6,773 — — 6,773 > 5% 150 — — 150 Total $ 26,335 $ 3,973 $ 7,064 $ 37,372 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 131 347 478 > 2% - 3% 9 866 1,078 1,953 > 3% - 4% 1,178 499 26 1,703 > 4% - 5% 2,879 — — 2,879 > 5% 218 — — 218 Total $ 4,284 $ 1,496 $ 1,451 $ 7,231 Total* $ 57,036 $ 7,773 $ 35,714 $ 100,523 Percentage of total 56% 8% 36% 100% September 30, 2022 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 9,822 $ 1,656 $ 20,778 $ 32,256 > 1% - 2% 4,261 24 1,960 6,245 > 2% - 3% 9,790 — 17 9,807 > 3% - 4% 7,805 40 6 7,851 > 4% - 5% 464 — 5 469 > 5% 33 — 4 37 Total $ 32,175 $ 1,720 $ 22,770 $ 56,665 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 3,726 $ 1,614 $ 5,178 $ 10,518 > 1% - 2% 6,024 437 23 6,484 > 2% - 3% 14,448 — — 14,448 > 3% - 4% 690 — — 690 > 4% - 5% 6,943 — — 6,943 > 5% 159 — — 159 Total $ 31,990 $ 2,051 $ 5,201 $ 39,242 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% 106 24 353 483 > 2% - 3% 235 635 1,112 1,982 > 3% - 4% 1,374 183 192 1,749 > 4% - 5% 2,998 — — 2,998 > 5% 224 — — 224 Total $ 4,937 $ 842 $ 1,657 $ 7,436 Total* $ 69,102 $ 4,613 $ 29,628 $ 103,343 Percentage of total 67% 4% 29% 100% * Excludes policyholder contract deposits account balances that are not subject to guaranteed minimum crediting rates. The following table presents the transition rollforward of URR: Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 URR balance $ 1,413 $ 2 $ 132 $ 1,547 Adjustment for the removal of related balances in Accumulated other comprehensive income originating from unrealized gains (losses) 248 — — 248 Post-adoption January 1, 2021 URR balance $ 1,661 $ 2 $ 132 $ 1,795 Prior to the adoption of LDTI, URR 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 was reducing URR. The following table presents a rollforward of the unearned revenue reserve for the nine months ended September 30, 2023 and 2022: Nine Months Ended September 30, 2023 Life Institutional Corporate and Other Total (in millions) Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 114 — — 114 Amortization (83) (1) (8) (92) Balance, end of period $ 1,758 $ 1 $ 97 $ 1,856 Other reconciling items* 994 Other policyholder funds $ 2,850 Nine Months Ended September 30, 2022 Life Institutional Corporate and Other Total (in millions) Balance, beginning of year $ 1,693 $ 2 $ 116 $ 1,811 Revenue deferred 106 — — 106 Amortization (82) — (8) (90) Balance, end of period $ 1,717 $ 2 $ 108 $ 1,827 Other reconciling items* 1,045 Other policyholder funds $ 2,872 * Other reconciling items include policyholders' dividend accumulations, provisions for future dividends to participating policyholders, dividends to policyholders and any similar items.

Policyholder Contract Deposit_2

Policyholder Contract Deposits and Other Policyholder Funds (Tables)	9 Months Ended
	Sep. 30, 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: Nine Months Ended September 30, 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 — — 34 — 21 55 Effect of actual variances from expected experience — — 36 — 16 52 Adjusted beginning of year balance — — 13,596 — 1,094 14,690 Issuances — — 986 — — 986 Interest accrual — — 325 — 34 359 Net premium collected — — (1,093) — (90) (1,183) Foreign exchange impact — — 44 — — 44 Other — — 11 — (3) 8 Ending balance at original discount rate — — 13,869 — 1,035 14,904 Effect of changes in discount rate assumptions (AOCI) — — (2,199) — (95) (2,294) Reclassified to Liabilities held-for-sale — — (3,784) — — (3,784) Balance, end of period $ — $ — $ 7,886 $ — $ 940 $ 8,826 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) — — 62 — 76 138 Effect of actual variances from expected experience (a) (1) (1) 85 21 (10) 94 Adjusted beginning of year balance 1,389 212 24,750 15,119 21,578 63,048 Issuances 141 16 978 3,503 4 4,642 Interest accrual 38 8 679 478 770 1,973 Benefit payments (95) (20) (1,461) (810) (1,121) (3,507) Foreign exchange impact — — 54 48 — 102 Other — — 8 — (18) (10) Ending balance at original discount rate 1,473 216 25,008 18,338 21,213 66,248 Effect of changes in discount rate assumptions (AOCI) (217) (9) (4,397) (3,512) (2,214) (10,349) Reclassified to Liabilities held-for-sale — — (4,352) — — (4,352) Balance, end of period $ 1,256 $ 207 $ 16,259 $ 14,826 $ 18,999 $ 51,547 Net liability for future policy benefits, end of period 1,256 207 8,373 14,826 18,059 42,721 Liability for future policy benefits for certain participating contracts — — 13 — 1,308 1,321 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,223 — 55 3,278 Deferred profit liability 80 9 18 1,428 865 2,400 Other reconciling items (c) 34 — 508 — 93 635 Future policy benefits for life and accident and health insurance contracts 1,370 216 12,135 16,254 20,380 50,355 Less: Reinsurance recoverable: (4) — (700) (37) (20,380) (21,121) Net liability for future policy benefits after reinsurance recoverable $ 1,366 $ 216 $ 11,435 $ 16,217 $ — $ 29,234 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.4 6.6 11.9 10.9 10.8 Nine Months Ended September 30, 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 — — 123 — — 123 Effect of actual variances from expected experience — — (19) — 5 (14) Adjusted beginning of year balance — — 13,767 — 1,129 14,896 Issuances — — 1,050 — — 1,050 Interest accrual — — 297 — 37 334 Net premium collected — — (1,060) — (93) (1,153) Foreign exchange impact — — (854) — — (854) Other — — (1) — — (1) Ending balance at original discount rate — — 13,199 — 1,073 14,272 Effect of changes in discount rate assumptions (AOCI) — — (2,111) — (80) (2,191) Balance, end of period $ — $ — $ 11,088 $ — $ 993 $ 12,081 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) — — 140 (6) — 134 Effect of actual variances from expected experience (a) (16) (2) (24) (11) (24) (77) Adjusted beginning of year balance 1,262 216 24,841 13,003 21,977 61,299 Issuances 156 9 1,055 1,507 8 2,735 Interest accrual 31 7 657 333 787 1,815 Benefit payments (86) (18) (1,317) (602) (1,118) (3,141) Foreign exchange impact — — (1,093) (555) — (1,648) Other — — (2) — (11) (13) Ending balance at original discount rate 1,363 214 24,141 13,686 21,643 61,047 Effect of changes in discount rate assumptions (AOCI) (188) (4) (3,844) (2,786) (1,546) (8,368) Balance, end of period $ 1,175 $ 210 $ 20,297 $ 10,900 $ 20,097 $ 52,679 Net liability for future policy benefits, end of period 1,175 210 9,209 10,900 19,104 40,598 Liability for future policy benefits for certain participating contracts — — 14 — 1,349 1,363 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,177 — 55 3,232 Deferred profit liability 92 12 14 1,148 898 2,164 Other reconciling items (c) 30 — 547 — 101 678 Future policy benefits for life and accident and health insurance contracts 1,297 222 12,961 12,048 21,507 48,035 Less: Reinsurance recoverable: (4) — (1,069) (37) (21,491) (22,601) Net liability for future policy benefits after reinsurance recoverable $ 1,293 $ 222 $ 11,892 $ 12,011 $ 16 $ 25,434 Weighted average liability duration of the liability for future policy benefits (d) 7.4 6.8 11.9 10.1 11.2 (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. (e) Includes balances that were reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets . See Note 4 for additional information. The following table presents the amount of undiscounted expected future benefit payments and undiscounted and discounted expected gross premiums for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2023 2022 Individual Retirement Undiscounted expected future benefits and expense $ 2,119 $ 1,889 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 315 $ 324 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Life Insurance (a) Undiscounted expected future benefits and expense $ 39,763 $ 38,238 Undiscounted expected future gross premiums $ 29,789 $ 28,584 Discounted expected future gross premiums (at current discount rate) $ 18,596 $ 17,965 Institutional Markets Undiscounted expected future benefits and expense $ 33,025 $ 21,866 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Corporate and Other (b) Undiscounted expected future benefits and expense $ 43,250 $ 44,919 Undiscounted expected future gross premiums $ 2,141 $ 2,305 Discounted expected future gross premiums (at current discount rate) $ 1,372 $ 1,481 (a) Includes balances that have been reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets. See Note 4 for additional information. (b) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Nine Months Ended September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Individual Retirement $ 164 $ 160 $ 38 $ 31 Group Retirement 16 16 8 7 Life Insurance 1,781 1,751 354 360 Institutional Markets 3,709 1,558 478 333 Corporate and Other 161 168 736 750 Total $ 5,831 $ 3,653 $ 1,614 $ 1,481 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: September 30, 2023 Individual Group Life Institutional Corporate and Other Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.14 % 3.97 % 4.87 % Weighted-average interest rate, current discount rate * 5.92 % 5.90 % 5.92 % 5.87 % 5.94 % September 30, 2022 Weighted-average interest rate, original discount rate 3.42 % 5.20 % 4.13 % 3.41 % 4.89 % Weighted-average interest rate, current discount rate 5.52 % 5.50 % 5.56 % 5.56 % 5.57 % The following table presents the transition rollforward for deferred profit liability for long-duration contracts: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 deferred profit liability balance $ 2 $ — $ 5 $ 64 $ — $ 71 Adjustments for the reclassification from/(to) the liability for the future policy benefits 65 8 — 766 859 1,698 Post-adoption January 1, 2021 deferred profit liability balance $ 67 $ 8 $ 5 $ 830 $ 859 $ 1,769 The following table presents the transition rollforward of the additional liabilities : Individual Group Life Corporate and Other Total (in millions) Pre-adoption December 31, 2020 additional liabilities $ 1,391 $ 219 $ 5,117 $ 55 $ 6,782 Adjustment for the reclassification of additional liabilities from Future policy benefits to Market risk benefits (a) (875) (130) — — (1,005) Adjustment for removal of related balances in Accumulated other comprehensive income (loss) originating from unrealized gains (losses) (b) (516) (89) — — (605) Post-adoption January 1, 2021 additional liabilities $ — $ — $ 5,117 $ 55 $ 5,172 (a) Adjustments for the reclassification of additional liabilities from Future policy benefits to MRBs represent 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. For additional information on the transition impacts associated with LDTI, see Note 13. (b) Adjustments for the removal of related balances in AOCI originating from unrealized gains (losses) relate to the additional liabilities reclassified from Future policy benefits in the line above. The following table presents the balances and changes in the liability for universal life policies with secondary guarantees and similar features: Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Life Corporate and Other Total Life Corporate and Other Total (in millions, except duration of liability) Balance, beginning of year $ 3,300 $ 55 $ 3,355 $ 4,952 $ 55 $ 5,007 Effect of changes in assumptions (41) — (41) (24) — (24) Effect of changes in experience 174 (3) 171 245 (3) 242 Adjusted beginning balance $ 3,433 $ 52 $ 3,485 $ 5,173 $ 52 $ 5,225 Assessments 518 1 519 528 1 529 Excess benefits paid (681) — (681) (697) — (697) Interest accrual 95 2 97 94 2 96 Other 20 — 20 (14) — (14) Changes related to unrealized appreciation (depreciation) of investments (162) — (162) (1,907) — (1,907) Balance, end of period $ 3,223 $ 55 $ 3,278 $ 3,177 $ 55 $ 3,232 Less: Reinsurance recoverable (162) — (162) (214) — (214) Balance, end of period net of Reinsurance recoverable $ 3,061 $ 55 $ 3,116 $ 2,963 $ 55 $ 3,018 Weighted average duration of liability * 25.4 9.3 26.8 9.6 * The weighted average duration of liabilities is 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, which can be found in the table below. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for the liability for universal life policies with secondary guarantees and similar features: Gross Assessments Nine Months Ended September 30, Interest Accretion Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Life Insurance $ 855 $ 922 $ 95 $ 94 Corporate and Other 31 29 2 2 Total $ 886 $ 951 $ 97 $ 96 The following table presents the calculation of weighted average interest rate for the liability for universal life policies with secondary guarantees and similar features: September 30, 2023 2022 Life Corporate and Other Life Corporate and Other Weighted-average interest rate 3.94 % 4.20 % 3.75 % 4.20 % The weighted average interest rates are calculated using projected future net liability cash flows that are aggregated to the segment level, and are represented as an annual rate. The following table presents details concerning our universal life policies with secondary guarantees and similar features: Nine Months Ended September 30, (in millions, except for attained age of contract holders) 2023 2022 Account value $ 3,654 $ 3,462 Net amount at risk $ 71,497 $ 68,350 Average attained age of contract holders 53 53 The following table presents the transition rollforward of Policyholder contract deposits account balances: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 Policyholder contract deposits $ 85,097 $ 43,805 $ 10,286 $ 11,559 $ 4,145 $ 154,892 Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s) (5,894) (577) — — — (6,471) Post-adoption January 1, 2021 Policyholder contract deposits $ 79,203 $ 43,228 $ 10,286 $ 11,559 $ 4,145 $ 148,421 The following table presents the balances and changes in Policyholder contract deposits account balances (a) : Nine Months Ended September 30, 2023 Individual Group Life Institutional Corporate Total (in millions, except for average crediting rate) and Other Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 12,885 3,943 1,211 3,707 34 21,780 Policy charges (661) (359) (1,143) (50) (47) (2,260) Surrenders and withdrawals (10,310) (6,010) (194) (502) (65) (17,081) Benefit payments (2,984) (1,801) (222) (1,355) (233) (6,595) Net transfers from (to) separate account 2,577 1,896 1 565 — 5,039 Interest credited 1,482 843 297 353 127 3,102 Other (7) 6 16 (9) (11) (5) Policyholder contract deposits account balance, end of period $ 92,536 $ 41,913 $ 10,190 $ 14,443 $ 3,392 $ 162,474 Other reconciling items (b) (2,280) (327) 11 (20) — (2,616) Policyholder contract deposits 90,256 41,586 10,201 14,423 3,392 159,858 Weighted average crediting rate 2.65 % 2.88 % 4.37 % 3.66 % 4.99 % Cash surrender value (c) $ 85,644 $ 40,928 $ 9,008 $ 2,577 $ 1,732 $ 139,889 Nine Months Ended September 30, 2022 Individual Group Life Institutional Corporate Total (in millions, except for average crediting rate) and Other Policyholder contract deposits account balance, beginning of year $ 84,097 $ 43,902 $ 10,183 $ 10,804 $ 3,823 $ 152,809 Deposits 11,359 3,599 1,252 1,296 36 17,542 Policy charges (631) (356) (1,175) (52) (49) (2,263) Surrenders and withdrawals (6,232) (4,146) (162) (44) (48) (10,632) Benefit payments (2,872) (1,634) (164) (593) (273) (5,536) Net transfers from (to) separate account 1,606 1,659 (1) 26 — 3,290 Interest credited 1,242 825 286 207 134 2,694 Other 3 1 (10) (48) 8 (46) Policyholder contract deposits account balance, end of period $ 88,572 $ 43,850 $ 10,209 $ 11,596 $ 3,631 $ 157,858 Other reconciling items (b) (2,372) (356) (125) (33) 2 (2,884) Policyholder contract deposits 86,200 43,494 10,084 11,563 3,633 154,974 Weighted average crediting rate 2.40 % 2.74 % 4.28 % 2.49 % 4.91 % Cash surrender value (c) $ 82,151 $ 42,970 $ 8,948 $ 2,532 $ 1,824 $ 138,425 (a) Transactions between the general account and the separate account are presented in this table on a gross basis (e.g., a policyholder's funds are initially deposited into the general account and then simultaneously transferred to the separate account), and thus, did not impact the ending balance of policyholder contract deposits. (b) Reconciling items principally relate to MRBs that are bifurcated and reported separately, net of embedded derivatives that are recorded in PCD. (c) Cash surrender value is related to the portion of policyholder contract deposits that have a defined cash surrender value (e.g. GICs do not have a cash surrender value). For information related to net amount at risk, refer to the table that presents the balances of and changes in MRBs in Note 15. The following table presents Policyholder contract deposits account balance by range of guaranteed minimum crediting rates and the related range of difference, in basis points, between rates being credited to policyholders and the respective guaranteed minimums: September 30, 2023 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 6,741 $ 2,234 $ 24,455 $ 33,430 > 1% - 2% 3,940 22 1,909 5,871 > 2% - 3% 8,401 11 822 9,234 > 3% - 4% 6,864 37 6 6,907 > 4% - 5% 439 — 4 443 > 5% 32 — 3 35 Total $ 26,417 $ 2,304 $ 27,199 $ 55,920 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,197 $ 2,467 $ 6,304 $ 10,968 > 1% - 2% 3,874 1,347 667 5,888 > 2% - 3% 12,700 159 93 12,952 > 3% - 4% 641 — — 641 > 4% - 5% 6,773 — — 6,773 > 5% 150 — — 150 Total $ 26,335 $ 3,973 $ 7,064 $ 37,372 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 131 347 478 > 2% - 3% 9 866 1,078 1,953 > 3% - 4% 1,178 499 26 1,703 > 4% - 5% 2,879 — — 2,879 > 5% 218 — — 218 Total $ 4,284 $ 1,496 $ 1,451 $ 7,231 Total* $ 57,036 $ 7,773 $ 35,714 $ 100,523 Percentage of total 56% 8% 36% 100% September 30, 2022 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 9,822 $ 1,656 $ 20,778 $ 32,256 > 1% - 2% 4,261 24 1,960 6,245 > 2% - 3% 9,790 — 17 9,807 > 3% - 4% 7,805 40 6 7,851 > 4% - 5% 464 — 5 469 > 5% 33 — 4 37 Total $ 32,175 $ 1,720 $ 22,770 $ 56,665 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 3,726 $ 1,614 $ 5,178 $ 10,518 > 1% - 2% 6,024 437 23 6,484 > 2% - 3% 14,448 — — 14,448 > 3% - 4% 690 — — 690 > 4% - 5% 6,943 — — 6,943 > 5% 159 — — 159 Total $ 31,990 $ 2,051 $ 5,201 $ 39,242 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% 106 24 353 483 > 2% - 3% 235 635 1,112 1,982 > 3% - 4% 1,374 183 192 1,749 > 4% - 5% 2,998 — — 2,998 > 5% 224 — — 224 Total $ 4,937 $ 842 $ 1,657 $ 7,436 Total* $ 69,102 $ 4,613 $ 29,628 $ 103,343 Percentage of total 67% 4% 29% 100% * Excludes policyholder contract deposits account balances that are not subject to guaranteed minimum crediting rates. The following table presents the transition rollforward of URR: Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 URR balance $ 1,413 $ 2 $ 132 $ 1,547 Adjustment for the removal of related balances in Accumulated other comprehensive income originating from unrealized gains (losses) 248 — — 248 Post-adoption January 1, 2021 URR balance $ 1,661 $ 2 $ 132 $ 1,795 Prior to the adoption of LDTI, URR 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 was reducing URR. The following table presents a rollforward of the unearned revenue reserve for the nine months ended September 30, 2023 and 2022: Nine Months Ended September 30, 2023 Life Institutional Corporate and Other Total (in millions) Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 114 — — 114 Amortization (83) (1) (8) (92) Balance, end of period $ 1,758 $ 1 $ 97 $ 1,856 Other reconciling items* 994 Other policyholder funds $ 2,850 Nine Months Ended September 30, 2022 Life Institutional Corporate and Other Total (in millions) Balance, beginning of year $ 1,693 $ 2 $ 116 $ 1,811 Revenue deferred 106 — — 106 Amortization (82) — (8) (90) Balance, end of period $ 1,717 $ 2 $ 108 $ 1,827 Other reconciling items* 1,045 Other policyholder funds $ 2,872 * Other reconciling items include policyholders' dividend accumulations, provisions for future dividends to participating policyholders, dividends to policyholders and any similar items.

Market Risk Benefits (Tables)

Market Risk Benefits (Tables)	9 Months Ended
	Sep. 30, 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 our own 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 our own 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 our own 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 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 our own 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: Nine Months Ended September 30, 2023 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 3,738 $ 296 $ 4,034 Effect of changes in our own credit risk (441) (24) (465) Balance, beginning of year, before effect of changes in our own credit risk $ 3,297 $ 272 $ 3,569 Issuances 527 28 555 Interest accrual 122 12 134 Attributed fees 636 49 685 Expected claims (68) (2) (70) Effect of changes in interest rates (1,223) (99) (1,322) Effect of changes in interest rate volatility (7) 2 (5) Effect of changes in equity markets (591) (61) (652) Effect of changes in equity index volatility (27) (4) (31) Actual outcome different from model expected outcome 155 10 165 Effect of changes in future expected policyholder behavior (1) (1) (2) Effect of changes in other future expected assumptions (86) (40) (126) Other, including foreign exchange — (3) (3) Balance, end of period, before effect of changes in our own credit risk 2,734 163 2,897 Effect of changes in our own credit risk 662 53 715 Balance, end of period 3,396 216 3,612 Less: Reinsured MRB, end of period (71) — (71) Net Liability Balance after reinsurance recoverable $ 3,325 $ 216 $ 3,541 Net amount at risk GMDB only $ 1,200 $ 257 $ 1,457 GMWB only $ 24 $ 1 $ 25 Combined * $ 1,764 $ 28 $ 1,792 Weighted average attained age of contract holders 70 64 Nine Months Ended September 30, 2022 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 6,452 $ 582 $ 7,034 Effect of changes in our own credit risk (1,934) (167) (2,101) Balance, beginning of year, before effect of changes in our own credit risk $ 4,518 $ 415 $ 4,933 Issuances 161 17 178 Interest accrual 130 16 146 Attributed fees 637 54 691 Expected claims (53) (2) (55) Effect of changes in interest rates (3,929) (360) (4,289) Effect of changes in interest rate volatility 267 17 284 Effect of changes in equity markets 1,923 164 2,087 Effect of changes in equity index volatility (80) — (80) Actual outcome different from model expected outcome 139 14 153 Effect of changes in future expected policyholder behavior (2) (18) (20) Effect of changes in other future expected assumptions (85) — (85) Other, including foreign exchange 4 (12) (8) Balance, end of period before effect of changes in our own credit risk 3,630 305 3,935 Effect of changes in our own credit risk 63 (8) 55 Balance, end of period 3,693 297 3,990 Less: Reinsured MRB, end of period (98) — (98) Net Liability Balance after reinsurance recoverable $ 3,595 $ 297 $ 3,892 Net amount at risk GMDB only $ 2,059 $ 558 $ 2,617 GMWB only $ 15 $ — $ 15 Combined * $ 2,670 $ 16 $ 2,686 Weighted average attained age of contract holders 70 64 * 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: September 30, 2023 September 30, 2022 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 814 $ 4,139 $ 3,325 $ 622 $ 4,217 $ 3,595 Group Retirement 164 380 216 121 418 297 Total $ 978 $ 4,519 $ 3,541 $ 743 $ 4,635 $ 3,892 * 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)	9 Months Ended
	Sep. 30, 2023
Insurance [Abstract]
Fair Value, Separate Account Investment	For discussion of the fair value measurement of guaranteed benefits that are accounted for as MRBs, see Note 5. The following table presents fair value of separate account investment options: September 30, 2023 Individual Retirement Group Retirement Life Institutional Total (in millions) Equity Funds $ 23,493 $ 26,206 $ 736 $ 590 $ 51,025 Bond Funds 3,775 3,262 42 1,286 8,365 Balanced Funds 16,649 5,095 48 1,919 23,711 Money Market Funds 696 603 22 302 1,623 Total $ 44,613 $ 35,166 $ 848 $ 4,097 $ 84,724 September 30, 2022 Individual Retirement Group Retirement Life Institutional Total (in millions) Equity Funds $ 21,696 $ 23,226 $ 648 $ 547 $ 46,117 Bond Funds 3,661 3,910 46 1,287 8,904 Balanced Funds 17,346 4,853 46 2,361 24,606 Money Market Funds 682 539 17 437 1,675 Total $ 43,385 $ 32,528 $ 757 $ 4,632 $ 81,302
Separate Account, Liability	The following table presents the balances and changes in separate account liabilities: Nine Months Ended September 30, 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 1,124 1,033 27 40 2,224 Policy charges (964) (333) (37) (69) (1,403) Surrenders and withdrawals (2,728) (2,205) (19) (503) (5,455) Benefit payments (640) (374) (5) (61) (1,080) Investment performance 2,470 2,806 85 160 5,521 Net transfers from (to) general account and other 173 (122) (2) 15 64 Separate accounts balance, end of period $ 44,613 $ 35,166 $ 848 $ 4,097 $ 84,724 Cash surrender value * $ 43,566 $ 34,980 $ 828 $ 4,100 $ 83,474 Nine Months Ended September 30, 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 1,905 1,248 28 54 3,235 Policy charges (988) (356) (38) (75) (1,457) Surrenders and withdrawals (2,492) (1,931) (19) (42) (4,484) Benefit payments (684) (407) (5) (16) (1,112) Investment performance (12,440) (10,831) (252) (328) (23,851) Net transfers from (to) general account and other 157 (333) (1) 37 (140) Separate accounts balance, end of period $ 43,385 $ 32,528 $ 757 $ 4,632 $ 81,302 Cash surrender value * $ 42,313 $ 32,340 $ 756 $ 4,633 $ 80,042

Equity and Redeemable Noncont_2

Equity and Redeemable Noncontrolling Interest (Tables)	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Dividends Declared	Dividends Declaration Date Record Date Payment Date Dividend Paid Per Common Share August 3, 2023 September 15, 2023 September 29, 2023 $ 0.23 June 1, 2023* June 16, 2023 June 30, 2023 $ 0.62 May 8, 2023 June 16, 2023 June 30, 2023 $ 0.23 February 16, 2023 March 17, 2023 March 31, 2023 $ 0.23 * On June 1, 2023, we declared a special dividend of $0.62 per share on our common stock, payable on June 30, 2023 to stockholders of record at the close of business on June 16, 2023.
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 our own credit 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, June 30, 2023, net of tax $ (19) $ (17,732) $ (480) $ 2,929 $ 147 $ (38) $ 11 $ (15,182) Change in unrealized depreciation of investments (a) (52) (6,398) — — — — — (6,450) Change in fair value of market risk benefits attributable to changes in our own credit risk — — (104) — — — — (104) Change in discount rates assumptions of certain liabilities — — — 1,435 — — — 1,435 Change in future policy benefits and other (10) 183 — — — — — 173 Change in cash flow hedges — — — — (17) — — (17) Change in foreign currency translation adjustments — — — — — (41) — (41) Change in net actuarial loss — — — — — — — — Change in deferred tax asset (liability) 13 1,157 23 (319) 3 12 — 889 Total other comprehensive income (loss) (49) (5,058) (81) 1,116 (14) (29) — (4,115) Noncontrolling interests — — — — — (3) — (3) Balance, September 30, 2023, net of tax $ (68) $ (22,790) $ (561) $ 4,045 $ 133 $ (64) $ 11 $ (19,294) Balance, June 30, 2022, net of tax (b) $ (33) $ (13,480) $ (296) $ 1,607 $ 169 $ (79) $ 6 $ (12,106) Change in unrealized depreciation of investments (63) (9,985) — — — — — (10,048) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 320 — — — — 320 Change in discount rates assumptions of certain liabilities — — — 2,002 — — — 2,002 Change in future policy benefits and other — 465 — — — — — 465 Change in cash value hedges — — — — (7) — — (7) Change in foreign currency translation adjustments — — — — — (84) — (84) Change in net actuarial loss — — — — — — — — Change in deferred tax asset (liability) 14 1,957 (68) (424) 1 5 — 1,485 Total other comprehensive income (49) (7,563) 252 1,578 (6) (79) — (5,867) Noncontrolling interests — — — — — (19) — (19) Balance, September 30, 2022, net of tax $ (82) $ (21,043) $ (44) $ 3,185 $ 163 $ (139) $ 6 $ (17,954) (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 our own credit 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) Cumulative effect of change in accounting principles — — — — — — — — Change in unrealized depreciation of investments (a) 41 (4,243) — — — — — (4,202) Change in fair value of market risk benefits attributable to changes in our own credit risk — — (250) — — — — (250) Change in discount rates assumptions of certain liabilities — — — 1,468 — — — 1,468 Change in future policy benefits and other (10) 116 — — — — — 106 Change in cash flow hedges — — — — (32) — — (32) Change in foreign currency translation adjustments — — — — — 24 — 24 Change in net actuarial loss — — — — — — 3 3 Change in deferred tax asset (liability) (7) 717 54 (331) 8 19 (1) 459 Total other comprehensive income (loss) 24 (3,410) (196) 1,137 (24) 43 2 (2,424) Less: Noncontrolling interests — — — — — 7 — 7 Balance, September 30, 2023, net of tax $ (68) $ (22,790) $ (561) $ 4,045 $ 133 $ (64) $ 11 $ (19,294) Balance, December 31, 2021, net of tax $ (31) $ 12,315 $ (1,659) $ (2,390) $ — $ (9) $ 7 $ 8,233 Change in unrealized depreciation of investments (65) (42,259) — — — — — (42,324) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 2,046 — — — — 2,046 Change in discount rates assumptions of certain liabilities — — — 7,071 — — — 7,071 Change in future policy benefits and other — 1,905 — — — — — 1,905 Change in cash value hedges — — — — 211 — — 211 Change in foreign currency translation adjustments — — — — — (158) — (158) Change in net actuarial loss — — — — — — (1) (1) Change in deferred tax asset (liability) 14 6,996 (431) (1,496) (48) 9 — 5,044 Total other comprehensive income (51) (33,358) 1,615 5,575 163 (149) (1) (26,206) Less: Noncontrolling interests — — — — — (19) — (19) Balance, September 30, 2022, net of tax (b) $ (82) $ (21,043) $ (44) $ 3,185 $ 163 $ (139) $ 6 $ (17,954) (a) Includes net unrealized gains and losses attributable to held-for-sale businesses at September 30, 2023.
Reclassification out of Accumulated Other Comprehensive Income	The following table presents the OCI reclassification adjustments for the three and nine months ended September 30, 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 September 30, 2023 Unrealized change arising during period $ (62) $ (6,223) $ (104) $ 1,435 $ (17) $ (41) $ — $ (5,012) Less: Reclassification adjustments included in net income — (8) — — — — — (8) Total other comprehensive income (loss), before income tax expense (benefit) (62) (6,215) (104) 1,435 (17) (41) — (5,004) Less: Income tax expense (benefit) (13) (1,157) (23) 319 (3) (12) — (889) Total other comprehensive income (loss), net of income tax expense (benefit) $ (49) $ (5,058) $ (81) $ 1,116 $ (14) $ (29) $ — $ (4,115) Three Months Ended September 30, 2022 Unrealized change arising during period $ (63) $ (9,625) $ 320 $ 2,002 $ (7) $ (84) $ — $ (7,457) Less: Reclassification adjustments included in net income — (105) — — — — — (105) Total other comprehensive income (loss), before income tax expense (benefit) (63) (9,520) 320 2,002 (7) (84) — (7,352) Less: Income tax expense (benefit) (14) (1,957) 68 424 (1) (5) — (1,485) Total other comprehensive income (loss), net of income tax expense (benefit) $ (49) $ (7,563) $ 252 $ 1,578 $ (6) $ (79) $ — $ (5,867) Nine Months Ended September 30, 2023 Unrealized change arising during period $ 14 $ (4,453) $ (250) $ 1,468 $ (32) $ 24 $ 3 $ (3,226) Less: Reclassification adjustments included in net income (17) (326) — — — — — (343) Total other comprehensive income (loss), before income tax expense (benefit) 31 (4,127) (250) 1,468 (32) 24 3 (2,883) Less: Income tax expense (benefit) 7 (717) (54) 331 (8) (19) 1 (459) Total other comprehensive income (loss), net of income tax expense (benefit) $ 24 $ (3,410) $ (196) $ 1,137 $ (24) $ 43 $ 2 $ (2,424) Nine Months Ended September 30, 2022 Unrealized change arising during period $ (73) $ (40,837) $ 2,046 $ 7,071 $ 211 $ (158) $ (1) $ (31,741) Less: Reclassification adjustments included in net income (8) (483) — — — — — (491) Total other comprehensive income (loss), before income tax expense (benefit) (65) (40,354) 2,046 7,071 211 (158) (1) (31,250) Less: Income tax expense (benefit) (14) (6,996) 431 1,496 48 (9) — (5,044) Total other comprehensive income (loss), net of income tax expense (benefit) $ (51) $ (33,358) $ 1,615 $ 5,575 $ 163 $ (149) $ (1) $ (26,206) 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 September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ — $ — $ (17) $ (8) Net realized gains (losses) Total — — (17) (8) Unrealized appreciation (depreciation) of all other investments Investments (8) (105) (326) (483) Net realized gains (losses) Total (8) (105) (326) (483) Total reclassifications for the period $ (8) $ (105) $ (343) $ (491) * The following items are not reclassified out of AOCI and included in the Condensed Consolidated Statements of Income (Loss) and thus have been excluded from the table:(a) Change in fair value of MRBs attributable to changes in our own credit risk (b) Change in the discount rates used to measure traditional and limited-payment long-duration insurance contracts and (c) Fair value of liabilities under fair value option attributable to changes in our own credit risk .
Rollforward of Redeemable Noncontrolling Interest	The following table presents a rollforward of redeemable noncontrolling interest: Three Months Ended September 30, Nine Months Ended September 30, (in millions) 2022 2022 Beginning balance $ 58 $ 83 Distributions to noncontrolling interests (40) (65) Net income attributable to redeemable noncontrolling interest (1) (1) Ending balance $ 17 $ 17
Non-Redeemable Noncontrolling Interest	The following table presents a rollforward of non-redeemable noncontrolling interest: Three Months Ended September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Beginning balance $ 907 $ 1,208 $ 939 $ 1,759 Net income attributable to redeemable noncontrolling interest (32) 127 (46) 282 Other comprehensive loss, net of tax (3) (19) 7 (19) Changes in noncontrolling interests due to divestitures and acquisitions — (104) (19) (104) Contributions from noncontrolling interests 20 22 63 45 Distributions to noncontrolling interests (1) (399) (54) (1,117) Other (1) 10 — (1) Ending balance $ 890 $ 845 $ 890 $ 845
Schedule of Common Stock Outstanding Roll Forward	The following table presents a rollforward of outstanding shares : Nine Months Ended September 30, 2023 Common Stock Issued Treasury Stock Common Stock Outstanding Shares, beginning of year 645,000,000 — 645,000,000 Shares issued under long-term incentive compensation plans 3,144,926 — 3,144,926 Shares repurchased — (14,660,410) (14,660,410) Shares, end of period 648,144,926 (14,660,410) 633,484,516

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 30, 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 and nine months ended September 30, 2023, and 2022: Three Months Ended September 30, Nine Months Ended September 30, (in millions, except per common share data) 2023 2022 2023 2022 Numerator for EPS: Net income (loss) $ 2,069 $ 2,532 $ 2,367 $ 8,647 Less: Net income (loss) attributable to noncontrolling interests (32) 126 (46) 281 Net income (loss) attributable to Corebridge common shareholders $ 2,101 2,406 $ 2,413 $ 8,366 Denominator for EPS (a) : Weighted average common shares outstanding - basic 639.0 645.7 646.8 645.2 Dilutive common shares (b) 2.0 0.7 1.8 0.2 Weighted average common shares outstanding - diluted 641.0 646.4 648.6 645.4 Income per common share attributable to Corebridge common shareholders (a) Common stock - Basic $ 3.29 $ 3.73 $ 3.73 $ 12.97 Common stock - Diluted $ 3.28 $ 3.72 $ 3.72 $ 12.96 (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 18 of the Consolidated Financial Statements in the June 2023 Registration Statement. (b) Potential dilutive common shares include our share-based employee compensation plans. The number of common shares excluded from dilutive shares outstanding was approximately 1.0 million and 30 thousand for the three months ended September 30, 2023 and 2022, respectively, and 1.0 million and 10 thousand nine months ended September 30,

Related Parties (Tables)

Related Parties (Tables)	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The table below summarizes the material revenues and expenses of Corebridge, in connection with agreements with affiliated companies described below for the three and nine months ended September 30, 2023 and 2022: Three Months Ended September 30, Nine Months Ended September 30, (in millions) 2023 2022 2023 2022 Revenues: Other income $ 8 $ 24 $ 28 $ 83 Net investment income - excluding Fortitude Re funds withheld assets — 3 (8) (4) Total revenues $ 8 $ 27 $ 20 $ 79 Expenses: General operating and other expenses $ 34 $ 51 $ 127 $ 79 Interest expense — 17 8 76 Total expenses $ 34 $ 68 $ 135 $ 155

Overview and Basis of Present_2

Overview and Basis of Presentation (Details) $ / shares in Units, € in Millions, £ in Millions	Sep. 25, 2023 GBP (£)	Aug. 03, 2023 EUR (€)	Jun. 12, 2023 USD ($)	Sep. 19, 2022 USD ($)	Sep. 30, 2023 $ / shares	Dec. 31, 2022 $ / shares
Other Ownership Interests [Line Items]
Common stock, par value (in dollars per share) | $ / shares					$ 0.01	$ 0.01
Disposal Group, Held-for-Sale, Not Discontinued Operations | AIG Life Limited
Other Ownership Interests [Line Items]
Proceeds from sale of business | £	£ 460
Disposal Group, Held-for-Sale, Not Discontinued Operations | Laya Healthcare Limited
Other Ownership Interests [Line Items]
Proceeds from sale of business | €		€ 650
Corebridge Financial
Other Ownership Interests [Line Items]
Stock issued in IPO (in shares) | $			$ 74,750,000	$ 80,000,000
Corebridge Financial Inc
Other Ownership Interests [Line Items]
Ownership percentage (as a percent)					65.60%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Jan. 01, 2021
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity	$ (9,256)	$ (11,468)	$ (10,319)	$ (9,440)	$ (13,459)	$ (28,989)	$ (38,624)
Accumulated other comprehensive loss	(19,294)		(16,863)				12,304
Retained earnings	19,765		18,207				23,771
Accumulated Other Comprehensive Income (Loss)
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity	19,294	15,182	16,863	17,954	12,106	(8,233)
Retained Earnings
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity	$ (19,765)	$ (17,811)	(18,207)	$ (18,513)	$ (16,318)	$ (10,937)
Cumulative effect of change in accounting principle
Summary of Significant Accounting Policies [Line Items]
Retained earnings							158
Cumulative effect of change in accounting principle | Accumulated Other Comprehensive Income (Loss)
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity			$ 0
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)
Cumulative effect of change in accounting principle | Minimum | ASU 2018-12 | Retained Earnings
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity							(1,200)
Cumulative Effect Adjustments
Summary of Significant Accounting Policies [Line Items]
Accumulated other comprehensive loss							(2,349)
Retained earnings							$ 1,192

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Adjusted Balance Sheet to Apply Adopted Guidance (Details) - USD ($) $ in Millions	Sep. 30, 2023		Jun. 30, 2023	Dec. 31, 2022		Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Assets:
Reinsurance assets, net of allowance for credit losses and disputes									$ 3,140
Deferred income taxes	$ 8,785			$ 8,831					3,950
Deferred policy acquisition costs and value of business acquired	9,973			10,563					10,500
Market risk benefit assets, at fair value	978			796					338	$ 338
Other assets	1,814	[1]		2,521	[1]				3,824
Total assets	355,592			360,322					422,435
Liabilities:
Future policy benefits for life and accident and health insurance contracts	50,355			50,518		$ 48,035			65,182
Policyholder contract deposits	159,858			156,058		154,974			148,421
Market risk benefit liabilities, at fair value	4,519			4,736					8,739
Other policyholder funds	2,850			2,885		2,872			2,740
Total liabilities	346,336			350,003					383,760
Shareholders’ net investment(h)	19,765			18,207					23,771
Accumulated other comprehensive loss	(19,294)			(16,863)					12,304
Total Corebridge Shareholders' equity	8,366			9,380					36,075
Total equity	9,256		$ 11,468	10,319		$ 9,440	$ 13,459	$ 28,989	38,624
Total liabilities and equity	355,592			360,322					422,435
Cumulative effect of change in accounting principle
Liabilities:
Shareholders’ net investment(h)									158
As Previously Reported
Assets:
Reinsurance assets, net of allowance for credit losses and disputes				2,980					2,707
Deferred income taxes				9,162					3,640
Deferred policy acquisition costs and value of business acquired				13,179					7,363
Market risk benefit assets, at fair value				0					0
Other assets				2,852					3,428
Total assets				364,217					410,155
Liabilities:
Future policy benefits for life and accident and health insurance contracts				57,266					54,660
Policyholder contract deposits				158,966					154,892
Market risk benefit liabilities, at fair value				0					0
Other policyholder funds				3,331					2,492
Total liabilities				355,068					370,323
Shareholders’ net investment(h)				16,121					22,579
Accumulated other comprehensive loss				(15,947)					14,653
Total Corebridge Shareholders' equity				8,210					37,232
Total equity				9,149					39,781
Total liabilities and equity				364,217					410,155
Cumulative effect adjustments
Assets:
Reinsurance assets, net of allowance for credit losses and disputes				(463)					433
Deferred income taxes				(331)					310
Deferred policy acquisition costs and value of business acquired				(2,616)					3,137
Market risk benefit assets, at fair value				796					338
Other assets				(331)					396
Total assets				(3,895)					12,280
Liabilities:
Future policy benefits for life and accident and health insurance contracts				(6,748)					10,522
Policyholder contract deposits				(2,908)					(6,471)
Market risk benefit liabilities, at fair value				4,736					8,739
Other policyholder funds				(446)					248
Total liabilities				(5,065)					13,437
Shareholders’ net investment(h)				2,086
Accumulated other comprehensive loss				(916)
Total Corebridge Shareholders' equity				1,170					(1,157)
Total equity				1,170					(1,157)
Total liabilities and equity				(3,895)					12,280
Fortitude RE
Assets:
Reinsurance assets, net of allowance for credit losses and disputes	25,239			26,844					36,824
Fortitude RE | Cumulative effect of change in accounting principle
Assets:
Reinsurance assets, net of allowance for credit losses and disputes									158
Fortitude RE | As Previously Reported
Assets:
Reinsurance assets, net of allowance for credit losses and disputes				27,794					29,158	$ 15
Fortitude RE | Cumulative effect adjustments
Assets:
Reinsurance assets, net of allowance for credit losses and disputes				(950)					7,666
Excluding Fortitude
Assets:
Reinsurance assets, net of allowance for credit losses and disputes	1,633			2,517
Liabilities:
Other liabilities	$ 6,071	[1]		9,076	[1]				10,353
Excluding Fortitude | As Previously Reported
Liabilities:
Other liabilities				8,775					9,954
Excluding Fortitude | Cumulative effect adjustments
Liabilities:
Other liabilities				$ 301					$ 399
[1] See Note 9

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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Premiums	$ 701	$ 1,301	$ 5,249	$ 3,047
Policy fees	702	735	2,094	2,194
Total net realized gains (losses)	1,220	2,098	(558)	7,505
Total revenues	5,505	6,538	15,524	20,568
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	1,102	1,656	6,473	4,253
Change in the fair value of market risk benefits, net	(418)	(435)	(484)	(713)
Interest credited to policyholder account balances	1,134	954	3,238	2,739
Amortization of deferred policy acquisition costs and value of business acquired	268	263	782	758
Non-deferrable insurance commissions	146	138	435	433
Total benefits and expenses	3,044	3,366	12,821	9,770
Income before income tax expense	2,461	3,172	2,703	10,798
Income tax expense	392	640	336	2,151
Net income	2,069	2,532	2,367	8,647
Net income attributable to Corebridge	$ 2,101	$ 2,406	$ 2,413	$ 8,366
Basic (in dollars per share)	$ 3.29	$ 3.73	$ 3.73	$ 12.97
Diluted (in dollars per share)	$ 3.28	$ 3.72	$ 3.72	$ 12.96
Statement of Comprehensive Income [Abstract]
Net income	$ 2,069	$ 2,532	$ 2,367	$ 8,647
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken	(49)	(49)	24	(51)
Change in unrealized appreciation (depreciation) of all other investments	(5,058)	(7,563)	(3,410)	(33,358)
Change in fair value of market risk benefits attributable to changes in our own credit risk	(81)	252	(196)	1,615
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	1,116	1,578	1,137	5,575
Change in foreign currency translation adjustments	(29)	(79)	43	(149)
Other comprehensive income (loss)	(4,115)	(5,867)	(2,424)	(26,206)
Comprehensive income (loss)	(2,046)	(3,335)	(57)	(17,559)
Comprehensive income (loss) attributable to Corebridge	$ (2,011)	(3,442)	$ (18)	(17,821)
As Previously Reported
Income Statement [Abstract]
Premiums		1,305		3,046
Policy fees		732		2,238
Total net realized gains (losses)		2,700		9,704
Total revenues		7,141		22,810
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)		1,810		4,752
Change in the fair value of market risk benefits, net		0		0
Interest credited to policyholder account balances		944		2,725
Amortization of deferred policy acquisition costs and value of business acquired		339		1,313
Non-deferrable insurance commissions		156		481
Total benefits and expenses		4,039		11,571
Income before income tax expense		3,102		11,239
Income tax expense		625		2,243
Net income		2,477		8,996
Net income attributable to Corebridge		$ 2,351		$ 8,715
Basic (in dollars per share)		$ 3.64		$ 13.51
Diluted (in dollars per share)		$ 3.63		$ 13.50
Statement of Comprehensive Income [Abstract]
Net income		$ 2,477		$ 8,996
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken		(47)		(46)
Change in unrealized appreciation (depreciation) of all other investments		(6,379)		(27,442)
Change in fair value of market risk benefits attributable to changes in our own credit risk		0		0
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts		0		0
Change in foreign currency translation adjustments		(78)		(150)
Other comprehensive income (loss)		(6,510)		(27,476)
Comprehensive income (loss)		(4,033)		(18,480)
Comprehensive income (loss) attributable to Corebridge		(4,140)		(18,742)
Effect of Change
Income Statement [Abstract]
Premiums		(4)		1
Policy fees		3		(44)
Total net realized gains (losses)		(602)		(2,199)
Total revenues		(603)		(2,242)
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)		(154)		(499)
Change in the fair value of market risk benefits, net		(435)		(713)
Interest credited to policyholder account balances		10		14
Amortization of deferred policy acquisition costs and value of business acquired		(76)		(555)
Non-deferrable insurance commissions		(18)		(48)
Total benefits and expenses		(673)		(1,801)
Income before income tax expense		70		(441)
Income tax expense		15		(92)
Net income		55		(349)
Net income attributable to Corebridge		$ 55		$ (349)
Basic (in dollars per share)		$ 0.09		$ (0.54)
Diluted (in dollars per share)		$ 0.09		$ (0.54)
Statement of Comprehensive Income [Abstract]
Net income		$ 55		$ (349)
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken		(2)		(5)
Change in unrealized appreciation (depreciation) of all other investments		(1,184)		(5,916)
Change in fair value of market risk benefits attributable to changes in our own credit risk		252		1,615
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts		1,578		5,575
Change in foreign currency translation adjustments		(1)		1
Other comprehensive income (loss)		643		1,270
Comprehensive income (loss)		698		921
Comprehensive income (loss) attributable to Corebridge		$ 698		$ 921

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Adjusted Cash Flows to Apply Adopted Guidance (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net income	$ 2,069	$ 2,532	$ 2,367	$ 8,647
Noncash revenues, expenses, gains and losses included in income (loss):
Unrealized (gains) losses in earnings - net			1,150	(297)
Change in the fair value of market risk benefits, net			1,056	1,032
Depreciation and other amortization			346	462
Changes in operating assets and liabilities:
Insurance liabilities			354	845
Reinsurance assets and funds held under reinsurance treaties			596	1,067
Other, net			924	385
Total adjustments			223	(6,497)
Net cash provided by operating activities			2,590	2,150
Cash flows from financing activities:
Policyholder contract deposits			24,550	19,831
Net cash provided by (used in) financing activities			660	1,032
Increase (Decrease) in Deferred Policy Acquisition Costs			(941)	(783)
Current and deferred income taxes - net			563	1,100
Premiums and other receivables and payables - net			$ (335)	(72)
As Previously Reported
Cash flows from operating activities:
Net income		2,477		8,996
Noncash revenues, expenses, gains and losses included in income (loss):
Unrealized (gains) losses in earnings - net				(2,864)
Change in the fair value of market risk benefits, net				0
Depreciation and other amortization				1,055
Changes in operating assets and liabilities:
Insurance liabilities				1,697
Reinsurance assets and funds held under reinsurance treaties				412
Other, net				654
Total adjustments				(6,794)
Net cash provided by operating activities				2,202
Cash flows from financing activities:
Policyholder contract deposits				19,779
Net cash provided by (used in) financing activities				980
Increase (Decrease) in Deferred Policy Acquisition Costs				(735)
Current and deferred income taxes - net				1,192
Premiums and other receivables and payables - net				(33)
Effect of Change
Cash flows from operating activities:
Net income		$ 55		(349)
Noncash revenues, expenses, gains and losses included in income (loss):
Unrealized (gains) losses in earnings - net				2,567
Change in the fair value of market risk benefits, net				(1,032)
Depreciation and other amortization				(593)
Changes in operating assets and liabilities:
Insurance liabilities				(852)
Reinsurance assets and funds held under reinsurance treaties				655
Other, net				(269)
Total adjustments				297
Net cash provided by operating activities				(52)
Cash flows from financing activities:
Policyholder contract deposits				52
Net cash provided by (used in) financing activities				52
Increase (Decrease) in Deferred Policy Acquisition Costs				(48)
Current and deferred income taxes - net				(92)
Premiums and other receivables and payables - net				$ (39)

Segment Information - Schedule

Segment Information - Schedule of continuing operations by operating segment (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) segment	Sep. 30, 2022 USD ($)
Segment Reporting [Abstract]
Number of Reportable Segments | segment			5
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	$ 701	$ 1,301	$ 5,249	$ 3,047
Policy fees	702	735	2,094	2,194
Total net investment income	2,657	2,160	8,066	7,021
Total net realized gains (losses)	1,220	2,098	(558)	7,505
Advisory fee and other income	225	244	673	801
Total revenues	5,505	6,538	15,524	20,568
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	1,102	1,656	6,473	4,253
Change in the fair value of market risk benefits, net	(418)	(435)	(484)	(713)
Interest credited to policyholder account balances	1,134	954	3,238	2,739
Amortization of deferred policy acquisition costs and value of business acquired	268	263	782	758
Non-deferrable insurance commissions	146	138	435	433
Advisory fee expenses	65	65	194	201
General operating expenses	611	578	1,797	1,741
Interest expense	135	149	441	357
Net (gain) loss on divestitures	1	(2)	(55)	1
Total benefits and expenses	3,044	3,366	12,821	9,770
Net income (loss) attributable to noncontrolling interests	32	(126)	46	(281)
Income before income tax expense (benefit)	2,461	3,172	2,703	10,798
Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total net investment income	233	157	897	617
Income before income tax expense (benefit)	1,085	1,531	736	7,039
Operating Segments | Individual Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	29	56	173	172
Policy fees	182	192	528	563
Total net investment income	1,240	940	3,592	2,824
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	107	108	318	346
Total revenues	1,558	1,296	4,611	3,905
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	29	69	165	212
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	582	492	1,654	1,412
Amortization of deferred policy acquisition costs and value of business acquired	150	139	425	384
Non-deferrable insurance commissions	90	87	270	265
Advisory fee expenses	35	34	105	106
General operating expenses	96	100	308	318
Interest expense	0	0	0	0
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	982	921	2,927	2,697
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	576	375	1,684	1,208
Operating Segments | Group Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	6	3	16	16
Policy fees	102	101	304	319
Total net investment income	504	491	1,508	1,506
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	78	74	230	232
Total revenues	690	669	2,058	2,073
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	12	5	27	28
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	298	289	883	859
Amortization of deferred policy acquisition costs and value of business acquired	21	20	62	59
Non-deferrable insurance commissions	29	31	90	89
Advisory fee expenses	29	31	87	95
General operating expenses	109	103	334	332
Interest expense	0	0	0	0
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	498	479	1,483	1,462
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	192	190	575	611
Operating Segments | Life Insurance
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	449	417	1,317	1,282
Policy fees	371	393	1,117	1,167
Total net investment income	313	307	957	1,013
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	29	28	84	94
Total revenues	1,162	1,145	3,475	3,556
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	673	666	2,102	2,144
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	86	84	253	256
Amortization of deferred policy acquisition costs and value of business acquired	95	102	289	310
Non-deferrable insurance commissions	22	15	60	62
Advisory fee expenses	1	0	2	0
General operating expenses	149	154	475	479
Interest expense	0	0	0	0
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	1,026	1,021	3,181	3,251
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	136	124	294	305
Operating Segments | Institutional Markets
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	200	804	3,686	1,538
Policy fees	47	49	145	145
Total net investment income	408	257	1,147	760
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	1	0	1	1
Total revenues	656	1,110	4,979	2,444
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	389	918	4,188	1,880
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	165	85	421	215
Amortization of deferred policy acquisition costs and value of business acquired	2	2	6	5
Non-deferrable insurance commissions	5	4	14	15
Advisory fee expenses	0	0	0	0
General operating expenses	20	18	64	55
Interest expense	0	0	0	0
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	581	1,027	4,693	2,170
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	75	83	286	274
Operating Segments | Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	19	20	59	62
Policy fees	0	0	0	0
Total net investment income	(2)	39	85	361
Total net realized gains (losses)	(5)	132	0	143
Advisory fee and other income	10	31	40	101
Total revenues	22	222	184	667
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	0	0	(3)	0
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	0	0	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0	0
Non-deferrable insurance commissions	0	1	1	2
Advisory fee expenses	0	0	0	0
General operating expenses	85	97	261	297
Interest expense	132	144	433	349
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	217	242	692	648
Net income (loss) attributable to noncontrolling interests	32	(126)	46	(281)
Adjusted pre-tax operating income (loss)	(163)	(146)	(462)	(262)
Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	0	0	0	0
Policy fees	0	0	0	0
Total net investment income	(7)	(3)	(18)	(13)
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	0	0	0	0
Total revenues	(7)	(3)	(18)	(13)
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	0	0	0	0
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	0	0	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0	0
Non-deferrable insurance commissions	0	0	0	0
Advisory fee expenses	0	0	0	0
General operating expenses	0	1	0	2
Interest expense	(4)	(8)	(14)	(29)
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	(4)	(7)	(14)	(27)
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	(3)	4	(4)	14
Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	(2)	1	(2)	(23)
Policy fees	0	0	0	0
Total net investment income	201	129	795	570
Total net realized gains (losses)	1,225	1,966	(558)	7,362
Advisory fee and other income	0	3	0	27
Total revenues	1,424	2,099	235	7,936
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	(1)	(2)	(6)	(11)
Change in the fair value of market risk benefits, net	(418)	(435)	(484)	(713)
Interest credited to policyholder account balances	3	4	27	(3)
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0	0
Non-deferrable insurance commissions	0	0	0	0
Advisory fee expenses	0	0	0	0
General operating expenses	152	105	355	258
Interest expense	7	13	22	37
Net (gain) loss on divestitures	1	(2)	(55)	1
Total benefits and expenses	(256)	(317)	(141)	(431)
Net income (loss) attributable to noncontrolling interests	(32)	126	(46)	281
Total Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	703	1,300	5,251	3,070
Policy fees	702	735	2,094	2,194
Total net investment income	2,456	2,031	7,271	6,451
Total net realized gains (losses)	(5)	132	0	143
Advisory fee and other income	225	241	673	774
Total revenues	4,081	4,439	15,289	12,632
Policyholder benefits (includes remeasurement (gains) losses of $35 and $9 for the three months ended September 30, 2023 and 2022, and $192 and $236, for the nine months ended September 30, 2023 and 2022,respectively)	1,103	1,658	6,479	4,264
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	1,131	950	3,211	2,742
Amortization of deferred policy acquisition costs and value of business acquired	268	263	782	758
Non-deferrable insurance commissions	146	138	435	433
Advisory fee expenses	65	65	194	201
General operating expenses	459	473	1,442	1,483
Interest expense	128	136	419	320
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	3,300	3,683	12,962	10,201
Net income (loss) attributable to noncontrolling interests	32	(126)	46	(281)
Adjusted pre-tax operating income (loss)	$ 813	$ 630	$ 2,373	$ 2,150

Held-For-Sale Classification -

Held-For-Sale Classification - Narrative (Details) - Disposal Group, Held-for-Sale, Not Discontinued Operations € in Millions, £ in Millions	Sep. 25, 2023 GBP (£)	Aug. 03, 2023 EUR (€)
AIG Life Limited
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business | £	£ 460
Laya Healthcare Limited
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business | €		€ 650

Held-For-Sale Classification _2

Held-For-Sale Classification - Schedule of Components of Assets and Liabilities Held-for-Sale (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets held for sale	$ 2,240	$ 0
Total liabilities held for sale	1,657	$ 0
Disposal Group, Held-for-Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Bonds available for sale	137
Other invested assets	0
Short-term investments, including restricted cash of $22 million	108
Cash	17
Accrued investment income	3
Premiums and other receivables, net of allowance for credit losses and disputes	142
Reinsurance assets - other, net of allowance for credit losses and disputes	794
Deferred income taxes	36
Deferred policy acquisition costs	755
Other assets, net of allowance for credit losses	248
Total assets held for sale	2,240
Future policy benefits for life and accident and health insurance contracts	592
Other policy funds	40
Other liabilities	1,025
Total liabilities held for sale	1,657
Restricted cash	22
Disposal Group, Held-for-Sale, Not Discontinued Operations | Laya and Other
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Bonds available for sale	0
Other invested assets	0
Short-term investments, including restricted cash of $22 million	76
Cash	15
Accrued investment income	0
Premiums and other receivables, net of allowance for credit losses and disputes	15
Reinsurance assets - other, net of allowance for credit losses and disputes	0
Deferred income taxes	1
Deferred policy acquisition costs	0
Other assets, net of allowance for credit losses	139
Total assets held for sale	246
Future policy benefits for life and accident and health insurance contracts	0
Other policy funds	40
Other liabilities	36
Total liabilities held for sale	76
Disposal Group, Held-for-Sale, Not Discontinued Operations | AIG Life (United Kingdom)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Bonds available for sale	137
Other invested assets	0
Short-term investments, including restricted cash of $22 million	32
Cash	2
Accrued investment income	3
Premiums and other receivables, net of allowance for credit losses and disputes	127
Reinsurance assets - other, net of allowance for credit losses and disputes	794
Deferred income taxes	35
Deferred policy acquisition costs	755
Other assets, net of allowance for credit losses	109
Total assets held for sale	1,994
Future policy benefits for life and accident and health insurance contracts	592
Other policy funds	0
Other liabilities	989
Total liabilities held for sale	$ 1,581

Fair Value Measurements - Asset

Fair Value Measurements - Assets and liabilities measured at fair value on a recurring basis (Details) - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jan. 01, 2021	Dec. 31, 2020
Assets:
Bonds available for sale	[1]	$ 151,378	$ 156,793
Other bond securities	[1]	4,186	3,769
Equity securities	[1]	126	170
Derivative assets		5,139	3,252
Counterparty netting		(3,680)	(2,547)
Cash Collateral		(1,187)	(406)
Total derivative assets		272	299
Short-term investments	[1]	4,730	4,400
Market risk benefit assets, at fair value		978	796		$ 338	$ 338
Separate account assets		84,724	84,853	$ 81,302
Total
Policyholder contract deposits		159,858	156,058	154,974	148,421
Derivative liabilities		5,290	3,335
Counterparty netting		(3,680)	(2,547)
Cash Collateral		(1,520)	(691)
Total derivative liabilities		90	97
Market risk benefit liabilities, at fair value		4,519	4,736		$ 8,739
Related Parties
Assets:
Derivative assets		4,136	3,177
Total
Derivative liabilities		4,965	3,154
Fair Value Measured at Net Asset Value Per Share
Total
Private equity funds/hedge funds		5,900	6,000
U.S. government and government sponsored entities
Assets:
Bonds available for sale		1,100	1,198
Obligations of states, municipalities and political subdivisions
Assets:
Bonds available for sale		5,402	5,926
Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available for sale		739	780
Non-U.S. governments
Assets:
Bonds available for sale		3,699	4,392
Corporate debt
Assets:
Bonds available for sale		95,375	104,692
Corporate debt | Level 3
Assets:
Bonds available for sale		1,085	1,988
RMBS
Assets:
Bonds available for sale		12,781	11,944
RMBS | Related Parties
Assets:
Bonds available for sale		36	39
RMBS | Level 3
Assets:
Bonds available for sale		3,455	3,725
CMBS
Assets:
Bonds available for sale		9,600	10,068
CMBS | Level 3
Assets:
Bonds available for sale		450	663
CLO
Assets:
Bonds available for sale		10,518	8,186
ABS
Assets:
Bonds available for sale		12,903	10,387
Collateralized Debt Obligations | Related Parties
Assets:
Bonds available for sale		15
Recurring Basis
Assets:
Bonds available for sale		151,378	156,793
Other bond securities		4,186	3,769
Equity securities		126	170
Other invested assets		1,990	1,832
Counterparty netting		(3,680)	(2,547)
Cash Collateral		(1,187)	(406)
Counterparty netting and cash collateral		(4,867)	(2,953)
Total derivative assets		272	299
Short-term investments		1,628	1,357
Market risk benefit assets, at fair value		978	796
Separate account assets		84,724	84,853
Total		245,282	249,869
Total
Policyholder contract deposits		6,478	5,464
Counterparty netting		(3,680)	(2,547)
Cash Collateral		(1,520)	(691)
Counterparty netting and cash collateral		(5,200)	(3,238)
Total derivative liabilities		90	97
Fortitude Re funds withheld payable		203	1,262
Market risk benefit liabilities, at fair value		4,519	4,736
Debt of consolidated investment entities		0	6
Total		11,290	11,565
Recurring Basis | Disposal Group, Held-for-Sale, Not Discontinued Operations
Assets:
Total		141
Recurring Basis | Debt of Consolidated Entities
Total
Debt of consolidated investment entities		0
Recurring Basis | Level 1
Assets:
Bonds available for sale		0	0
Other bond securities		0	0
Equity securities		80	141
Other invested assets		0	0
Derivative assets		4	12
Short-term investments		10	1
Market risk benefit assets, at fair value		0	0
Separate account assets		81,568	81,655
Total		81,662	81,809
Total
Policyholder contract deposits		0	0
Derivative liabilities		6	2
Fortitude Re funds withheld payable		0	0
Market risk benefit liabilities, at fair value		0	0
Debt of consolidated investment entities			0
Total		6	2
Recurring Basis | Level 1 | Debt of Consolidated Entities
Total
Debt of consolidated investment entities		0
Recurring Basis | Level 2
Assets:
Bonds available for sale		129,378	136,367
Other bond securities		2,981	2,465
Equity securities		0	3
Other invested assets		0	0
Derivative assets		4,226	2,641
Short-term investments		1,618	1,356
Market risk benefit assets, at fair value		0	0
Separate account assets		3,156	3,198
Total		141,359	146,030
Total
Policyholder contract deposits		151	97
Derivative liabilities		5,280	3,318
Fortitude Re funds withheld payable		0	0
Market risk benefit liabilities, at fair value		0	0
Debt of consolidated investment entities			0
Total		5,431	3,415
Recurring Basis | Level 2 | Debt of Consolidated Entities
Total
Debt of consolidated investment entities		0
Recurring Basis | Level 3
Assets:
Bonds available for sale		22,000	20,426
Other bond securities		1,205	1,304
Equity securities		46	26
Other invested assets		1,990	1,832
Derivative assets		909	599
Short-term investments		0	0
Market risk benefit assets, at fair value		978	796	743
Separate account assets		0	0
Total		27,128	24,983
Total
Policyholder contract deposits		6,327	5,367
Derivative liabilities		4	15
Fortitude Re funds withheld payable		203	1,262
Market risk benefit liabilities, at fair value		4,519	4,736	$ 4,600
Debt of consolidated investment entities			6
Total		11,053	11,386
Recurring Basis | Level 3 | Debt of Consolidated Entities
Total
Debt of consolidated investment entities		0
Recurring Basis | Interest rate contracts
Assets:
Derivative assets		2,248	1,573
Total
Derivative liabilities		4,163	2,676
Recurring Basis | Interest rate contracts | Level 1
Assets:
Derivative assets		0	1
Total
Derivative liabilities		0	0
Recurring Basis | Interest rate contracts | Level 2
Assets:
Derivative assets		1,727	1,269
Total
Derivative liabilities		4,163	2,676
Recurring Basis | Interest rate contracts | Level 3
Assets:
Derivative assets		521	303
Total
Derivative liabilities		0	0
Recurring Basis | Foreign exchange contracts
Assets:
Derivative assets		1,458	1,247
Total
Derivative liabilities		273	632
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		1,458	1,247
Total
Derivative liabilities		273	632
Recurring Basis | Foreign exchange contracts | Level 3
Assets:
Derivative assets		0	0
Total
Derivative liabilities		0	0
Recurring Basis | Equity contracts
Assets:
Derivative assets		1,417	417
Total
Derivative liabilities		854	27
Recurring Basis | Equity contracts | Level 1
Assets:
Derivative assets		4	11
Total
Derivative liabilities		6	2
Recurring Basis | Equity contracts | Level 2
Assets:
Derivative assets		1,041	124
Total
Derivative liabilities		844	10
Recurring Basis | Equity contracts | Level 3
Assets:
Derivative assets		372	282
Total
Derivative liabilities		4	15
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		16	15
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
Total
Derivative liabilities		0	0
Recurring Basis | Other contracts | Level 3
Assets:
Derivative assets		16	14
Total
Derivative liabilities		0	0
Recurring Basis | U.S. government and government sponsored entities
Assets:
Bonds available for sale		1,100	1,198
Other bond securities		0
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		1,100	1,198
Other bond securities		0
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		5,402	5,926
Other bond securities		43	37
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		4,640	5,121
Other bond securities		42	37
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available for sale		762	805
Other bond securities		1	0
Recurring Basis | Non-U.S. governments
Assets:
Bonds available for sale		3,699	4,392
Other bond securities		12	22
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		3,699	4,392
Other bond securities		12	22
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		95,375	104,692
Other bond securities		2,395	2,222
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		94,191	102,724
Other bond securities		2,219	1,805
Recurring Basis | Corporate debt | Level 3
Assets:
Bonds available for sale		1,184	1,968
Other bond securities		176	417
Recurring Basis | RMBS
Assets:
Bonds available for sale		12,781	11,944
Other bond securities		174	165
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		7,054	6,274
Other bond securities		68	58
Recurring Basis | RMBS | Level 2 | Related Parties
Assets:
Bonds available for sale		34	37
Recurring Basis | RMBS | Level 2 | Related Parties | Maximum
Assets:
Other bond securities		1	1
Recurring Basis | RMBS | Level 3
Assets:
Bonds available for sale		5,727	5,670
Other bond securities		106	107
Recurring Basis | RMBS | Level 3 | Related Parties
Assets:
Bonds available for sale		2	2
Recurring Basis | CMBS
Assets:
Bonds available for sale		9,600	10,068
Other bond securities		234	232
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		9,087	9,350
Other bond securities		210	204
Recurring Basis | CMBS | Level 3
Assets:
Bonds available for sale		513	718
Other bond securities		24	28
Recurring Basis | CLO
Assets:
Bonds available for sale		10,518	8,186
Other bond securities		416	279
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		8,731	6,516
Other bond securities		347	268
Recurring Basis | CLO | Level 3
Assets:
Bonds available for sale		1,787	1,670
Other bond securities		69	11
Recurring Basis | ABS
Assets:
Bonds available for sale		12,903	10,387
Other bond securities		912	812
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		876	792
Other bond securities		83	71
Recurring Basis | ABS | Level 3
Assets:
Bonds available for sale		12,027	9,595
Other bond securities		829	$ 741
Recurring Basis | Collateralized Debt Obligations | Level 3 | Related Parties
Assets:
Bonds available for sale		$ 15
[1] See Note 9

Fair Value Measurements - Chang

Fair Value Measurements - Changes in level 3 recurring fair value measurements, assets (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		$ 24,347	$ 24,032	$ 23,588	$ 24,928
Net Realized and Unrealized Gains (Losses) Included in Income		120	53	205	391
Other Comprehensive Income (Loss)		(384)	(813)	(40)	(3,163)
Purchases, Sales, Issuances and Settlements, Net		495	(367)	1,579	1,474
Gross Transfers In		769	1,744	1,178	3,400
Gross Transfers Out		(222)	(500)	(1,614)	(2,881)
Other(d)		116	644	345	(644)
Fair Value End of Period		25,241	24,793	$ 25,241	$ 24,793
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		(25)	(13)	$ (81)	$ (85)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(403)	(907)	$ (294)	(2,927)
Gross Transfers Out			0		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]	4,730		$ 4,730			$ 4,400
Fair Value Beginning of Period		5,625	5,171	5,625	5,171	$ 7,291	6,051	$ 6,786	$ 13,081
Net Realized and Unrealized (Gains) Losses Included in Income		1,751	(1,690)	(154)	(7,757)
Other Comprehensive (Income) Loss		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		(63)	75	(563)	(153)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		2,051	1,750	1,072	8,530
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	0	0
Bonds available for sale	[1]	151,378		151,378			156,793
Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		1,628		1,628			1,357
Bonds available for sale		151,378		151,378			156,793
Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		10		10			1
Bonds available for sale		0		0			0
Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		1,618		1,618			1,356
Bonds available for sale		129,378		129,378			136,367
Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		0		0			0
Bonds available for sale		22,000		22,000			20,426
Interest rate contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0	0	0
Foreign exchange contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0	0	0
Equity contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0	0	0
Credit contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0	0	0
Other contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0	0	0
Derivative liabilities, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0	0	0
Net Realized and Unrealized (Gains) Losses Included in Income		45	50	(72)	414
Purchases, Sales, Issuances and Settlements, Net		(116)	(127)	(540)	(318)
Policyholder contract deposits(b)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0	0	0
Fair Value Beginning of Period		6,327	4,743	6,327	4,743	6,813	5,367	4,728	5,572
Net Realized and Unrealized (Gains) Losses Included in Income		(716)	(274)	94	(1,477)
Other Comprehensive (Income) Loss		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		230	289	866	648
Gross Transfers In		0	0	0	0
Other		0	0	0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		972	287	296	1,724
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	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	0	0
Fair Value Beginning of Period		203	797	203	797	1,460	1,262	2,349	7,974
Net Realized and Unrealized (Gains) Losses Included in Income		(1,080)	(1,463)	(177)	(6,694)
Other Comprehensive (Income) Loss		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		(177)	(89)	(882)	(483)
Gross Transfers In		0	0	0	0
Other		0	0	0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		1,061	1,506	641	7,009
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	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	0	0
Fair Value Beginning of Period		0	5	0	5	$ 0	6	$ 6	$ 5
Net Realized and Unrealized (Gains) Losses Included in Income		0	(3)	1	0
Other Comprehensive (Income) Loss		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		0	2	(7)	0
Gross Transfers In		0	0	0	0
Other		0	0	0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	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	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		5,402		5,402			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		5,402		5,402			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			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		4,640		4,640			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		739		739			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		762		762			805
Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		95,375		95,375			104,692
Corporate debt | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		95,375		95,375			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			0
Corporate debt | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		94,191		94,191			102,724
Corporate debt | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		1,085		1,085			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		1,184		1,184			1,968
RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		12,781		12,781			11,944
RMBS | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		12,781		12,781			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			0
RMBS | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		7,054		7,054			6,274
RMBS | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		3,455		3,455			3,725
RMBS | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		5,727		5,727			5,670
CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		9,600		9,600			10,068
CMBS | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		9,600		9,600			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			0
CMBS | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		9,087		9,087			9,350
CMBS | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		450		450			663
CMBS | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		513		513			718
CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		10,518		10,518			8,186
CLO | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		10,518		10,518			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			0
CLO | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		8,731		8,731			6,516
CLO | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		1,787		1,787			1,670
ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		12,903		12,903			10,387
ABS | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		12,903		12,903			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			0
ABS | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		876		876			792
ABS | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available for sale		12,027		12,027			$ 9,595
Bonds Available For Sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		21,249	20,779	20,426	22,407
Net Realized and Unrealized Gains (Losses) Included in Income		139	15	253	191
Other Comprehensive Income (Loss)		(371)	(788)	(34)	(3,112)
Purchases, Sales, Issuances and Settlements, Net		397	(248)	1,340	1,078
Gross Transfers In		734	1,703	1,104	3,055
Gross Transfers Out		(220)	(461)	(1,336)	(2,619)
Other(d)		72	(701)	247	701
Fair Value End of Period		22,000	20,299	22,000	20,299
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(403)	(907)	(294)	(2,927)
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		853	931	805	1,395
Net Realized and Unrealized Gains (Losses) Included in Income		(2)	0	(2)	1
Other Comprehensive Income (Loss)		(77)	(106)	(26)	(527)
Purchases, Sales, Issuances and Settlements, Net		(12)	(34)	(15)	(94)
Gross Transfers In		0	1	0	17
Gross Transfers Out		0	(7)	0	(7)
Other(d)		0	0	0	0
Fair Value End of Period		762	785	762	785
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(81)	(165)	(54)	(317)
Bonds Available For Sale | Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,303	1,836	1,968	1,907
Net Realized and Unrealized Gains (Losses) Included in Income		(3)	(28)	(95)	(45)
Other Comprehensive Income (Loss)		(65)	(32)	(23)	(146)
Purchases, Sales, Issuances and Settlements, Net		(13)	(207)	(40)	(190)
Gross Transfers In		147	1,360	358	1,664
Gross Transfers Out		(185)	(118)	(968)	(379)
Other(d)		0	0	(16)	0
Fair Value End of Period		1,184	2,811	1,184	2,811
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(70)	(42)	(52)	(149)
Bonds Available For Sale | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		5,753	6,144	5,670	7,595
Net Realized and Unrealized Gains (Losses) Included in Income		74	73	230	231
Other Comprehensive Income (Loss)		(66)	(203)	27	(908)
Purchases, Sales, Issuances and Settlements, Net		(13)	(179)	(195)	(672)
Gross Transfers In		1	1	33	1
Gross Transfers Out		(22)	(9)	(38)	(420)
Other(d)		0	0	0	0
Fair Value End of Period		5,727	5,827	5,727	5,827
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(106)	(177)	(41)	(843)
Bonds Available For Sale | CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		505	766	718	1,072
Net Realized and Unrealized Gains (Losses) Included in Income		5	0	5	13
Other Comprehensive Income (Loss)		(28)	(28)	(69)	(127)
Purchases, Sales, Issuances and Settlements, Net		(2)	(55)	(42)	20
Gross Transfers In		33	12	57	12
Gross Transfers Out		0	(11)	(156)	(306)
Other(d)		0	0	0	0
Fair Value End of Period		513	684	513	684
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(27)	(37)	(98)	(130)
Bonds Available For Sale | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,708	2,798	1,670	3,038
Net Realized and Unrealized Gains (Losses) Included in Income		24	(52)	(21)	(71)
Other Comprehensive Income (Loss)		32	(3)	58	(167)
Purchases, Sales, Issuances and Settlements, Net		(40)	(320)	(85)	(238)
Gross Transfers In		2	222	67	1,254
Gross Transfers Out		(11)	(316)	(165)	(1,487)
Other(d)		0	0	0	0
Fair Value End of Period		1,787	1,628	1,787	1,628
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		34	(36)	(13)	(167)
Bonds Available For Sale | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		11,127	8,304	9,595	7,400
Net Realized and Unrealized Gains (Losses) Included in Income		41	22	136	62
Other Comprehensive Income (Loss)		(167)	(416)	(1)	(1,237)
Purchases, Sales, Issuances and Settlements, Net		477	547	1,717	2,252
Gross Transfers In		551	107	589	107
Gross Transfers Out		(2)	0	(9)	(20)
Other(d)		72	(701)	263	701
Fair Value End of Period		12,027	8,564	12,027	8,564
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(153)	(450)	(36)	(1,321)
Other Bond Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,140	1,443	1,304	627
Net Realized and Unrealized Gains (Losses) Included in Income		(2)	(20)	32	(101)
Other Comprehensive Income (Loss)		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		25	(2)	3	680
Gross Transfers In		0	41	39	320
Gross Transfers Out		(2)	(17)	(271)	(81)
Other(d)		44	1,345	98	(1,345)
Fair Value End of Period		1,205	2,790	1,205	2,790
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(11)	(52)	(4)	(395)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	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		3	0	0	0
Net Realized and Unrealized Gains (Losses) Included in Income		0	0	0	0
Other Comprehensive Income (Loss)		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		(2)	0	1	0
Gross Transfers In		0	0	0	0
Gross Transfers Out		0	0	0	0
Other(d)		0	0	0	0
Fair Value End of Period		1	0	1	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	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	0	0
Other Bond Securities | Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		110	461	417	134
Net Realized and Unrealized Gains (Losses) Included in Income		1	(4)	2	(9)
Other Comprehensive Income (Loss)		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		65	65	(51)	190
Gross Transfers In		0	29	0	251
Gross Transfers Out		0	(1)	(192)	(16)
Other(d)		0	0	0	0
Fair Value End of Period		176	550	176	550
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		3	(7)	2	(8)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	0	0
Other Bond Securities | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		112	119	107	106
Net Realized and Unrealized Gains (Losses) Included in Income		(4)	(4)	2	(13)
Other Comprehensive Income (Loss)		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		(2)	4	(3)	26
Gross Transfers In		0	0	0	0
Gross Transfers Out		0	0	0	0
Other(d)		0	0	0	0
Fair Value End of Period		106	119	106	119
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(4)	(4)	(1)	(24)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	0	0
Other Bond Securities | CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		26	29	28	33
Net Realized and Unrealized Gains (Losses) Included in Income		(2)	(2)	(4)	(6)
Other Comprehensive Income (Loss)		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		0	0	0	0
Gross Transfers In		0	0	0	0
Gross Transfers Out		0	0	0	0
Other(d)		0	0	0	0
Fair Value End of Period		24	27	24	27
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(3)	(3)	(4)	(5)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	0	0
Other Bond Securities | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		25	130	11	149
Net Realized and Unrealized Gains (Losses) Included in Income		5	20	14	(1)
Other Comprehensive Income (Loss)		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		(3)	(125)	(49)	(131)
Gross Transfers In		0	12	39	69
Gross Transfers Out		(2)	(16)	(44)	(65)
Other(d)		0	0	0	0
Fair Value End of Period		69	1,366	69	1,366
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		3	(2)	3	(264)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	0	0
Other Bond Securities | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		864	704	741	205
Net Realized and Unrealized Gains (Losses) Included in Income		(2)	(30)	18	(72)
Other Comprehensive Income (Loss)		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		(33)	54	105	595
Gross Transfers In		0	0	0	0
Gross Transfers Out		0	0	(35)	0
Other(d)		44	1,345	98	(1,345)
Fair Value End of Period		829	728	829	728
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(10)	(36)	(4)	(94)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	0	0
Equity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		44	7	26	2
Net Realized and Unrealized Gains (Losses) Included in Income		0	0	0	0
Other Comprehensive Income (Loss)		0	0	0	0
Purchases, Sales, Issuances and Settlements, Net		1	7	26	11
Gross Transfers In		1	0	1	1
Gross Transfers Out		0	0	(7)	0
Other(d)		0	0	0	0
Fair Value End of Period		46	14	46	14
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	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	0	0
Other invested assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,914	1,803	1,832	1,892
Net Realized and Unrealized Gains (Losses) Included in Income		(17)	58	(80)	301
Other Comprehensive Income (Loss)		(13)	(25)	(6)	(51)
Purchases, Sales, Issuances and Settlements, Net		72	(124)	210	(295)
Gross Transfers In		34	0	34	24
Gross Transfers Out		0	(22)	0	(181)
Other(d)		0	0	0	0
Fair Value End of Period		1,990	1,690	1,990	1,690
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(14)	39	(77)	310
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		$ 0	$ 0	$ 0	$ 0
[1] See Note 9

Fair Value Measurements - Cha_2

Fair Value Measurements - Changes in level 3 recurring fair value measurements, liabilities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	$ 5,625	$ 5,171	$ 5,625	$ 5,171	$ 7,291	$ 6,051	$ 6,786	$ 13,081
Net Realized and Unrealized (Gains) Losses Included in Income	1,751	(1,690)	(154)	(7,757)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(63)	75	(563)	(153)
Fair Value End of Period	5,625	5,171	5,625	5,171
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	2,051	1,750	1,072	8,530
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Gross Transfers Out		0		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(222)	(500)	(1,614)	(2,881)
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	(220)	(461)	(1,336)	(2,619)
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	(7)	0	(7)
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	(185)	(118)	(968)	(379)
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	(22)	(9)	(38)	(420)
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	0	(11)	(156)	(306)
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	(11)	(316)	(165)	(1,487)
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	(2)	0	(9)	(20)
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	(2)	(17)	(271)	(81)
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	0	0	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	0	(1)	(192)	(16)
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	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	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	(2)	(16)	(44)	(65)
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	(35)	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	(7)	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	(22)	0	(181)
Policyholder contract deposits(b)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	6,327	4,743	6,327	4,743	6,813	5,367	4,728	5,572
Net Realized and Unrealized (Gains) Losses Included in Income	(716)	(274)	94	(1,477)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	230	289	866	648
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	6,327	4,743	6,327	4,743
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	972	287	296	1,724
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	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	45	50	(72)	414
Purchases, Sales, Issuances and Settlements, Net	(116)	(127)	(540)	(318)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(982)	(297)	(584)	(470)
Net Realized and Unrealized (Gains) Losses Included in Income	45	50	(72)	414
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(116)	(127)	(540)	(318)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	148	0	291	0
Fair Value End of Period	(905)	(374)	(905)	(374)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	18	(43)	135	(203)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	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	(328)	(137)	(303)	0
Net Realized and Unrealized (Gains) Losses Included in Income	(183)	(27)	(68)	(22)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(10)	(41)	(150)	(183)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	(521)	(205)	(521)	(205)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	150	29	95	21
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	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	0	0
Net Realized and Unrealized (Gains) Losses Included in Income	0	(1)	0	(1)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	1	0	1
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	1	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	0	0
Equity contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(639)	(145)	(267)	(457)
Net Realized and Unrealized (Gains) Losses Included in Income	244	94	44	482
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(121)	(102)	(436)	(178)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	148	0	291	0
Fair Value End of Period	(368)	(153)	(368)	(153)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(148)	(89)	(8)	(272)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	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	0	0	(1)
Net Realized and Unrealized (Gains) Losses Included in Income	0	0	0	1
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	0	0	0
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	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	0	0
Other contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(15)	(15)	(14)	(12)
Net Realized and Unrealized (Gains) Losses Included in Income	(16)	(16)	(48)	(46)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	15	15	46	42
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	(16)	(16)	(16)	(16)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	16	16	48	47
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	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	203	797	203	797	1,460	1,262	2,349	7,974
Net Realized and Unrealized (Gains) Losses Included in Income	(1,080)	(1,463)	(177)	(6,694)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(177)	(89)	(882)	(483)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	203	797	203	797
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	1,061	1,506	641	7,009
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	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	(880)	(722)	(1,680)	(1,687)
Debt of consolidated investment entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	0	5	0	5	$ 0	$ 6	$ 6	$ 5
Net Realized and Unrealized (Gains) Losses Included in Income	0	(3)	1	0
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	2	(7)	0
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	0	5	0	5
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	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	$ 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ 120	$ 53	$ 205	$ 391
Net realized gains (losses), liabilities	(1,751)	1,690	154	7,757
Policyholder contract deposits(b)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	716	274	(94)	1,477
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	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	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	716	274	(94)	1,477
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	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	0	0
Derivative liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(45)	(50)	72	(414)
Derivative liabilities, net | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	16	17	47	46
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	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	(265)	(120)	(34)	(600)
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	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	204	53	59	140
Fortitude Re funds withheld payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	1,080	1,463	177	6,694
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	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	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	1,080	1,463	177	6,694
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	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	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	3	(1)	0
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	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	(1)	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	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	3	0	0
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	0	0
Market Risk Benefit Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	880	722	1,680	1,687
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	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	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	1	2	4	10
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	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	879	720	1,676	1,677
Bonds Available For Sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	139	15	253	191
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	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	162	68	312	291
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	(23)	(53)	(59)	(100)
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	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	0	0
Other Bond Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(2)	(20)	32	(101)
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	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	(2)	(20)	32	(101)
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	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	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	0	0
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	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	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	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	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	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	0	0
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(17)	58	(80)	301
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	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	(14)	58	(78)	301
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	(3)	0	(2)	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	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	$ 0	$ 0

Fair Value Measurements - Gross

Fair Value Measurements - Gross components of purchases, sales, issuances and settlements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	$ 1,094	$ 766	$ 3,015	$ 4,388
Sales	(59)	(190)	(128)	(249)
Issuances and Settlements	(540)	(943)	(1,308)	(2,665)
Purchases, Sales, Issuances and Settlements, Net	495	(367)	1,579	1,474
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	(28)	(126)	(229)	(290)
Sales	348	239	1,076	656
Issuances and Settlements	(383)	(38)	(1,410)	(519)
Purchases, Sales, Issuances and Settlements, Net	(63)	75	(563)	(153)
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	6	(26)	13	(79)
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.	(22)	(30)	$ (12)	$ (113)
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	$ 0	$ 0
Sales	348	239	1,076	656
Issuances and Settlements	(118)	50	(210)	(8)
Purchases, Sales, Issuances and Settlements, Net	230	289	866	648
Derivative liabilities, net
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	(28)	(126)	(229)	(290)
Sales	0	0	0	0
Issuances and Settlements	(88)	(1)	(311)	(28)
Purchases, Sales, Issuances and Settlements, Net	(116)	(127)	(540)	(318)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	18	(43)	135	(203)
Fortitude Re funds withheld payable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances and Settlements	(177)	(89)	(882)	(483)
Purchases, Sales, Issuances and Settlements, Net	(177)	(89)	(882)	(483)
Debt of consolidated investment entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances and Settlements	0	2	(7)	0
Purchases, Sales, Issuances and Settlements, Net	0	2	(7)	0
Bonds Available For Sale
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	895	658	2,450	3,152
Sales	(49)	(64)	(118)	(123)
Issuances and Settlements	(449)	(842)	(992)	(1,951)
Purchases, Sales, Issuances and Settlements, Net	397	(248)	1,340	1,078
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	0	0
Sales	(12)	0	(12)	(59)
Issuances and Settlements	0	(34)	(3)	(35)
Purchases, Sales, Issuances and Settlements, Net	(12)	(34)	(15)	(94)
Bonds Available For Sale | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	192	21	222	25
Sales	(30)	(39)	(30)	(39)
Issuances and Settlements	(175)	(189)	(232)	(176)
Purchases, Sales, Issuances and Settlements, Net	(13)	(207)	(40)	(190)
Bonds Available For Sale | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	175	56	406	327
Sales	0	0	(42)	0
Issuances and Settlements	(188)	(235)	(559)	(999)
Purchases, Sales, Issuances and Settlements, Net	(13)	(179)	(195)	(672)
Bonds Available For Sale | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0	9	98
Sales	0	0	(27)	0
Issuances and Settlements	(2)	(55)	(24)	(78)
Purchases, Sales, Issuances and Settlements, Net	(2)	(55)	(42)	20
Bonds Available For Sale | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	18	165	100	337
Sales	(7)	(25)	(7)	(25)
Issuances and Settlements	(51)	(460)	(178)	(550)
Purchases, Sales, Issuances and Settlements, Net	(40)	(320)	(85)	(238)
Bonds Available For Sale | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	510	416	1,713	2,365
Sales	0	0	0	0
Issuances and Settlements	(33)	131	4	(113)
Purchases, Sales, Issuances and Settlements, Net	477	547	1,717	2,252
Other Bond Securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	124	74	314	689
Sales	(10)	(126)	(10)	(126)
Issuances and Settlements	(89)	50	(301)	117
Purchases, Sales, Issuances and Settlements, Net	25	(2)	3	680
Other Bond Securities | Obligations of states, municipalities and political subdivisions
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0	3	0
Sales	(2)	0	(2)	0
Issuances and Settlements	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(2)	0	1	0
Other Bond Securities | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	89	4	156	29
Sales	0	(3)	0	(3)
Issuances and Settlements	(24)	64	(207)	164
Purchases, Sales, Issuances and Settlements, Net	65	65	(51)	190
Other Bond Securities | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	7	6	37
Sales	0	0	0	0
Issuances and Settlements	(2)	(3)	(9)	(11)
Purchases, Sales, Issuances and Settlements, Net	(2)	4	(3)	26
Other Bond Securities | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances and Settlements	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	0	0	0
Other Bond Securities | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	1	1	14
Sales	0	(123)	0	(123)
Issuances and Settlements	(3)	(3)	(50)	(22)
Purchases, Sales, Issuances and Settlements, Net	(3)	(125)	(49)	(131)
Other Bond Securities | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	35	62	148	609
Sales	(8)	0	(8)	0
Issuances and Settlements	(60)	(8)	(35)	(14)
Purchases, Sales, Issuances and Settlements, Net	(33)	54	105	595
Equity securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	1	6	26	10
Sales	0	0	0	0
Issuances and Settlements	0	1	0	1
Purchases, Sales, Issuances and Settlements, Net	1	7	26	11
Other invested assets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	74	28	225	537
Sales	0	0	0	0
Issuances and Settlements	(2)	(152)	(15)	(832)
Purchases, Sales, Issuances and Settlements, Net	$ 72	$ (124)	$ 210	$ (295)

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 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	$ 6	$ (26)	$ 13	$ (79)
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.	(22)	$ (30)	$ (12)	$ (113)
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	0		$ 0		$ 6
Fair value option, aforementioned principal amount	$ 1		$ 1		$ 655

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information about Level 3 Fair Value Measurements (Details) $ in Millions		Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Jan. 01, 2021 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale	[1]	$ 151,378	$ 156,793
Embedded derivatives within Policyholder contract deposits		6,600	6,700
Policyholder contract deposits		159,858	156,058	$ 154,974	$ 148,421
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		$ 5,402	$ 5,926
Obligations of states, municipalities and political subdivisions | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0564	0.0533
Obligations of states, municipalities and political subdivisions | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0605	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		0.0585	0.0563
Obligations of states, municipalities and political subdivisions | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 739	$ 780
Corporate debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 95,375	$ 104,692
Corporate debt | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0539	0.0490
Corporate debt | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0900	0.0954
Corporate debt | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0719	0.0722
Corporate debt | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 1,085	$ 1,988
RMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 12,781	$ 11,944
RMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.4426	0.0595
RMBS | Minimum | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0390	0.0484
RMBS | Minimum | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0075	0.4501
RMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0538	0.0079
RMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.7773	0.0772
RMBS | Maximum | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0891	0.1035
RMBS | Maximum | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0240	0.7728
RMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0731	0.0267
RMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.6099	0.0684
RMBS | Weighted-average | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0641	0.0760
RMBS | Weighted-average | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0158	0.6114
RMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0634	0.0173
RMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 3,455	$ 3,725
CLO | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0745	0.0713
CLO | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0917	0.0759
CLO | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0783	0.0736
CLO | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 1,460	$ 1,547
ABS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0640	0.0601
ABS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0833	0.0796
ABS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0736	0.0698
ABS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 10,154	$ 6,591
CMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 9,600	$ 10,068
CMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0569	0.0472
CMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.1631	0.1021
CMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.1095	0.0746
CMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 450	$ 663
Market risk benefit assets | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0665	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		0.0062	0
Market risk benefit assets | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.5235	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		0.0208	0.0203
Market risk benefit assets | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 978	$ 796
GMWB only | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0665	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		0.0062	0
GMWB only | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5235	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		0.0208	0.0203
GMWB only | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,835	$ 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		0.0062	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		0.0208	0.0203
Fixed annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 824	$ 680
Fixed index annuities guaranteed benefits | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0665	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		0.0062	0
Fixed index annuities guaranteed benefits | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5235	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		1.4600	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		0.0208	0.0203
Fixed index annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,860	$ 1,698
Index credits on fixed index annuities(i)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Policyholder contract deposits		$ 1,200	$ 1,100
Index credits on fixed index annuities(i) | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0665	0.0645
Index credits on fixed index annuities(i) | 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(i) | 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(i) | 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(i) | 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(i) | 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(i) | 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(i) | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0062	0
Index credits on fixed index annuities(i) | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5235	0.5075
Index credits on fixed index annuities(i) | 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(i) | 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(i) | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.4600	1.8000
Index credits on fixed index annuities(i) | 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(i) | 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(i) | 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(i) | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0208	0.0203
Index credits on fixed index annuities(i) | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 5,573	$ 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 rates
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		0.0062	0
Index Life | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2125	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 rates
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		0.0208	0.0203
Index Life | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 754	$ 710
[1] See Note 9

Fair Value Measurements - Inves

Fair Value Measurements - Investments in certain other invested assets (Details) - USD ($) $ in Millions	Sep. 30, 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	$ 5,889	$ 6,047
Unfunded Commitments	2,685	2,788
Private equity funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	5,438	5,163
Unfunded Commitments	2,685	2,788
Leveraged buyout
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	2,389	2,014
Unfunded Commitments	1,707	1,719
Real estate
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	1,059	1,082
Unfunded Commitments	565	549
Venture capital
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	203	212
Unfunded Commitments	98	118
Growth equity
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	487	510
Unfunded Commitments	66	40
Mezzanine
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	152	443
Unfunded Commitments	42	78
Other
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	1,148	902
Unfunded Commitments	207	284
Hedge funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	451	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	4	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	252	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	98	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	97	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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 13	$ (209)	$ 225	$ (295)
Total liabilities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	6	10	8	22
Policyholder contract deposits(b)
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	6	7	8	22
Debt of consolidated investment entities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	0	3	0	0
Total assets
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	7	(219)	217	(317)
Other bond securities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	(28)	(182)	101	(477)
Alternative investments
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 35	$ (37)	$ 116	$ 160

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		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments	[1]	$ 10,436		$ 10,436		$ 10,418
Impairment Charges				20	$ 11
Non-Recurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		46		46		12
Total		46		46		12
Impairment Charges		9	$ 11	9	11
Non-Recurring Basis | Other investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment Charges		9	$ 11	9	$ 11
Non-Recurring Basis | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0		0		0
Total		0		0		0
Non-Recurring Basis | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0		0		0
Total		0		0		0
Non-Recurring Basis | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		46		46		12
Total		$ 46		$ 46		$ 12
[1] See Note 9

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		Sep. 30, 2023		Dec. 31, 2022		Sep. 30, 2022	Jan. 01, 2021
Assets:
Mortgage and other loans receivable	[1]	$ 46,054		$ 44,566
Other investments	[1]	10,436		10,418
Short-term investments	[1]	4,730		4,400
Cash		569	[1]	552	[1]	$ 382
Other assets		1,814	[1]	2,521	[1]		$ 3,824
Liabilities:
Short-term debt		1,000		1,500
Consolidated VIE
Assets:
Mortgage and other loans receivable		1,956		2,088
Short-term investments		144		456
Cash		54		71
Other assets		91		170
Liabilities:
Other liabilities		74		132
Long-term debt		2,350		5,958
Estimated Fair Value
Assets:
Mortgage and other loans receivable		41,848		40,967
Other investments		268		222
Short-term investments		3,102		3,043
Cash		569		552
Other assets		9		12
Liabilities:
Policyholder contract deposits associated with investment-type contracts		132,475		129,293
Fortitude Re funds withheld payable		24,132		25,289
Other liabilities		733		3,056
Short-term debt		1,000		1,500
Long-term debt		7,483		7,172
Separate account liabilities - investment contracts		80,907		80,649
Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		2,339		5,543
Carrying Value
Assets:
Mortgage and other loans receivable		46,054		44,403
Other investments		268		222
Short-term investments		3,102		3,043
Cash		569		552
Other assets		9		12
Liabilities:
Policyholder contract deposits associated with investment-type contracts		140,107		137,086
Fortitude Re funds withheld payable		24,132		25,289
Other liabilities		733		3,056
Short-term debt		1,000		1,500
Long-term debt		8,371		7,868
Separate account liabilities - investment contracts		80,907		80,649
Carrying Value | Disposal Group, Held-for-Sale, Not Discontinued Operations
Assets:
Short-term investments		104
Carrying Value | Consolidated VIE
Liabilities:
Long-term debt		2,596		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		569		552
Other assets		9		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		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		29		31
Other investments		268		222
Short-term investments		3,102		3,043
Cash		0		0
Other assets		0		8
Liabilities:
Policyholder contract deposits associated with investment-type contracts		97		119
Fortitude Re funds withheld payable		0		0
Other liabilities		733		3,056
Short-term debt		1,000		1,500
Long-term debt		7,483		7,172
Separate account liabilities - investment contracts		80,907		80,649
Level 2 | Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		89		3,055
Level 3 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		41,819		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		132,378		129,174
Fortitude Re funds withheld payable		24,132		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		$ 2,250		$ 2,488
[1] See Note 9

Investments - Amortized cost or

Investments - Amortized cost or cost and fair value of available for sale securities (Details) - USD ($) $ in Millions		Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		$ 179,954		$ 181,274
Allowance for Credit Losses		(110)	$ (90)	(148)	$ (93)	$ (114)	$ (78)
Gross Unrealized Gains		1,172		1,424
Gross Unrealized Losses		(29,638)		(25,757)
Bonds available for sale	[1]	151,378		156,793
U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		1,422		1,405
Allowance for Credit Losses		0		0
Gross Unrealized Gains		3		17
Gross Unrealized Losses		(325)		(224)
Bonds available for sale		1,100		1,198
Obligations of states, municipalities and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		6,479		6,808
Allowance for Credit Losses		0		0
Gross Unrealized Gains		15		42
Gross Unrealized Losses		(1,092)		(924)
Bonds available for sale		5,402		5,926
Non-U.S. governments
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		4,671		5,251
Allowance for Credit Losses		(3)		(5)
Gross Unrealized Gains		13		25
Gross Unrealized Losses		(982)		(879)
Bonds available for sale		3,699		4,392
Corporate debt
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		118,243		124,068
Allowance for Credit Losses		(69)		(116)
Gross Unrealized Gains		439		729
Gross Unrealized Losses		(23,238)		(19,989)
Bonds available for sale		95,375		104,692
Mortgage-backed, asset-backed and collateralized
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		49,139		43,742
Allowance for Credit Losses		(38)		(27)
Gross Unrealized Gains		702		611
Gross Unrealized Losses		(4,001)		(3,741)
Bonds available for sale		45,802		40,585
RMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		13,312		12,267
Allowance for Credit Losses		(27)		(27)
Gross Unrealized Gains		587		574
Gross Unrealized Losses		(1,091)		(870)
Bonds available for sale		12,781		11,944
RMBS | Total derivatives with related parties
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		42		43
Bonds available for sale		36		39
CMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		10,919		11,176
Allowance for Credit Losses		(10)		0
Gross Unrealized Gains		14		7
Gross Unrealized Losses		(1,323)		(1,115)
Bonds available for sale		9,600		10,068
CLO
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		10,620		8,547
Allowance for Credit Losses		(1)		0
Gross Unrealized Gains		78		15
Gross Unrealized Losses		(179)		(376)
Bonds available for sale		10,518		8,186
ABS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		14,288		11,752
Allowance for Credit Losses		0		0
Gross Unrealized Gains		23		15
Gross Unrealized Losses		(1,408)		(1,380)
Bonds available for sale		12,903		$ 10,387
Collateralized Debt Obligations | Total derivatives with related parties
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		15
Bonds available for sale		$ 15
[1] See Note 9

Investments - Securities availa

Investments - Securities available for sale in a loss position (Details) $ in Millions	Sep. 30, 2023 USD ($) security	Dec. 31, 2022 USD ($) security
Fair Value
Less Than 12 Months	$ 56,229	$ 119,440
12 Months or More	76,371	18,032
Total	132,600	137,472
Gross Unrealized Losses
Less Than 12 Months	11,502	21,420
12 Months or More	18,051	4,227
Total	$ 29,553	$ 25,647
Number of securities in an unrealized loss position | security	16,375	16,516
Number of individual securities in continuous unrealized loss position for longer than twelve months | security	10,813	1,923
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	$ 287	$ 761
12 Months or More	421	0
Total	708	761
Gross Unrealized Losses
Less Than 12 Months	158	224
12 Months or More	167	0
Total	325	224
Obligations of states, municipalities and political subdivisions
Fair Value
Less Than 12 Months	2,269	5,076
12 Months or More	2,606	0
Total	4,875	5,076
Gross Unrealized Losses
Less Than 12 Months	475	924
12 Months or More	617	0
Total	1,092	924
Non-U.S. governments
Fair Value
Less Than 12 Months	1,090	3,932
12 Months or More	2,342	0
Total	3,432	3,932
Gross Unrealized Losses
Less Than 12 Months	292	868
12 Months or More	687	0
Total	979	868
Corporate debt
Fair Value
Less Than 12 Months	34,822	82,971
12 Months or More	53,095	11,143
Total	87,917	94,114
Gross Unrealized Losses
Less Than 12 Months	8,978	16,866
12 Months or More	14,210	3,070
Total	23,188	19,936
RMBS
Fair Value
Less Than 12 Months	5,146	6,227
12 Months or More	3,449	903
Total	8,595	7,130
Gross Unrealized Losses
Less Than 12 Months	504	653
12 Months or More	559	171
Total	1,063	824
CMBS
Fair Value
Less Than 12 Months	4,476	7,902
12 Months or More	4,179	1,708
Total	8,655	9,610
Gross Unrealized Losses
Less Than 12 Months	651	797
12 Months or More	668	318
Total	1,319	1,115
CLO
Fair Value
Less Than 12 Months	2,940	5,573
12 Months or More	4,040	2,007
Total	6,980	7,580
Gross Unrealized Losses
Less Than 12 Months	59	234
12 Months or More	120	142
Total	179	376
ABS
Fair Value
Less Than 12 Months	5,199	6,998
12 Months or More	6,239	2,271
Total	11,438	9,269
Gross Unrealized Losses
Less Than 12 Months	385	854
12 Months or More	1,023	526
Total	$ 1,408	$ 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		Sep. 30, 2023	Dec. 31, 2022
Amortized Cost, Net of Allowance
Due in one year or less		$ 2,206
Due after one year through five years		21,584
Due after five years through ten years		24,083
Due after ten years		82,870
Mortgage-backed, asset-backed and collateralized		49,101
Total		179,844
Fair Value
Due in one year or less		2,171
Due after one year through five years		20,546
Due after five years through ten years		21,016
Due after ten years		61,843
Mortgage-backed, asset-backed and collateralized		45,802
Total	[1]	$ 151,378	$ 156,793
[1] See Note 9

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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fixed maturity securities
Gross Realized Gains	$ 14	$ 11	$ 98	$ 104
Gross Realized Losses	(23)	(115)	(441)	(593)
Net Investment Income [Line Items]
Aggregate fair value of available for sale securities sold	500	1,000	6,200	8,600
Net realized gains (losses)	(9)	(104)	(343)	(489)
Fortitude RE Funds Withheld Assets
Net Investment Income [Line Items]
Net realized gains (losses)	$ (5)	$ (62)	$ (68)	$ (185)

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		9 Months Ended	12 Months Ended
		Sep. 30, 2023	Dec. 31, 2022
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities	[1]	$ 4,186	$ 3,769
Equity securities	[1]	126	170
Total		$ 4,312	$ 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		$ 4,186	$ 3,769
Fixed maturity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		97%	96%
Fixed maturity securities | Obligations of states, municipalities and political subdivisions
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 43	$ 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		$ 12	$ 22
Fixed maturity securities | Non-U.S. governments | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		0%	1%
Fixed maturity securities | Corporate debt
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 2,395	$ 2,222
Fixed maturity securities | Corporate debt | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		56%	56%
Fixed maturity securities | Mortgage-backed, asset-backed and collateralized
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 1,736	$ 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		40%	38%
Fixed maturity securities | RMBS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 174	$ 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		$ 234	$ 232
Fixed maturity securities | CMBS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		5%	6%
Fixed maturity securities | CLO
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 416	$ 279
Fixed maturity securities | CLO | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		10%	7%
Fixed maturity securities | ABS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 912	$ 812
Fixed maturity securities | ABS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		21%	21%
Fixed maturity securities | US Government Corporations and Agencies Securities
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 0	$ 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%
Equity securities
Debt and Equity Securities, FV-NI [Line Items]
Equity securities		$ 126	$ 170
Equity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk, percentage		3%	4%
[1] See Note 9

Investments - Carrying amounts

Investments - Carrying amounts of other invested assets (Details) - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022
Investments [Line Items]
Investment real estate		$ 1,859	$ 1,831
All other investments		653	573
Total	[1]	10,436	10,418
Accumulated depreciation on investment in real estate		642	616
Total derivatives with related parties
Investments [Line Items]
Total		2.2	6
Fortitude
Investments [Line Items]
All other investments		156	156
Private equity funds/hedge funds
Investments [Line Items]
Alternative investments		7,924	8,014
Hedge Funds
Investments [Line Items]
Total		451	884
Private equity funds
Investments [Line Items]
Alternative investments		5,438	5,163
Total		7,500	7,100
Affordable Housing Partnerships
Investments [Line Items]
Accumulated depreciation on investment in real estate		$ 106	$ 124
[1] See Note 9

Investments - Equity method inv

Investments - Equity method investments (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Equity method investments	$ 3,005	$ 3,185

Investments - Components of net

Investments - Components of net investment income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net Investment Income [Line Items]
Total investment income	$ 2,789	$ 2,267	$ 8,504	$ 7,370
Investment expenses	132	107	438	349
Net investment income	2,657	2,160	8,066	7,021
Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	2,548	2,103	7,584	6,730
Investment expenses	124	100	415	326
Net investment income	2,424	2,003	7,169	6,404
Fortitude
Net Investment Income [Line Items]
Total investment income	241	164	920	640
Investment expenses	8	7	23	23
Net investment income	233	157	897	617
Available-for-sale fixed maturity securities, including short-term investments
Net Investment Income [Line Items]
Total investment income	2,177	1,905	6,403	5,682
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	1,976	1,677	5,777	4,949
Available-for-sale fixed maturity securities, including short-term investments | Fortitude
Net Investment Income [Line Items]
Total investment income	201	228	626	733
Other bond securities
Net Investment Income [Line Items]
Total investment income	(28)	(182)	101	(477)
Other bond securities | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	7	(62)	25	(115)
Other bond securities | Fortitude
Net Investment Income [Line Items]
Total investment income	(35)	(120)	76	(362)
Equity securities
Net Investment Income [Line Items]
Total investment income	9	(5)	41	(82)
Equity securities | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	9	(5)	41	(82)
Equity securities | Fortitude
Net Investment Income [Line Items]
Total investment income	0	0	0	0
Interest on mortgage and other loans
Net Investment Income [Line Items]
Total investment income	580	492	1,755	1,359
Interest on mortgage and other loans | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	529	447	1,605	1,228
Interest on mortgage and other loans | Fortitude
Net Investment Income [Line Items]
Total investment income	51	45	150	131
Alternative investments
Net Investment Income [Line Items]
Total investment income	18	5	141	763
Alternative investments | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	(7)	(6)	72	625
Alternative investments | Fortitude
Net Investment Income [Line Items]
Total investment income	25	11	69	138
Real estate
Net Investment Income [Line Items]
Total investment income	9	13	28	34
Real estate | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	9	13	28	34
Real estate | Fortitude
Net Investment Income [Line Items]
Total investment income	0	0	0	0
Other investments
Net Investment Income [Line Items]
Total investment income	24	39	35	91
Other investments | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	25	39	36	91
Other investments | Fortitude
Net Investment Income [Line Items]
Total investment income	$ (1)	$ 0	$ (1)	$ 0

Investments - Components of n_2

Investments - Components of net realized gains (losses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Components of net realized capital gains (losses)
Sales of fixed maturity securities	$ (9)	$ (104)	$ (343)	$ (489)
Net realized gains (losses)	1,220	2,098	(558)	7,505
Fortitude
Components of net realized capital gains (losses)
Net realized gains (losses)	852	1,374	(161)	6,422
Excluding Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	368	724	(397)	1,083
Fortitude Re funds withheld embedded derivative
Components of net realized capital gains (losses)
Net realized gains (losses)	1,080	1,463	177	6,694
Fortitude Re funds withheld embedded derivative | Fortitude
Components of net realized capital gains (losses)
Net realized gains (losses)	1,080	1,463	177	6,694
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	0	0
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(9)	(104)	(343)	(489)
Change in allowance for credit losses on fixed maturity securities	(48)	(1)	(93)	(88)
Foreign exchange transactions, net of related hedges	115	569	20	1,116
Index-linked interest credited embedded derivatives, net of related hedges	133	35	(186)	220
All other derivatives and hedge accounting*	(29)	31	36	(46)
Sales of alternative investments and real estate investments	39	169	47	182
Other	(11)	(2)	(57)	(9)
Net realized gains (losses)	140	635	(735)	811
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	(50)	(62)	(159)	(75)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Fortitude
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(5)	(62)	(68)	(185)
Change in allowance for credit losses on fixed maturity securities	(7)	8	(9)	(32)
Foreign exchange transactions, net of related hedges	(20)	44	(11)	82
Index-linked interest credited embedded derivatives, net of related hedges	0	0	0	0
All other derivatives and hedge accounting*	(170)	(89)	(199)	(151)
Sales of alternative investments and real estate investments	(1)	32	(1)	35
Other	0	0	2	1
Net realized gains (losses)	(228)	(89)	(338)	(272)
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	(25)	(22)	(52)	(22)
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	(4)	(42)	(275)	(304)
Change in allowance for credit losses on fixed maturity securities	(41)	(9)	(84)	(56)
Foreign exchange transactions, net of related hedges	135	525	31	1,034
Index-linked interest credited embedded derivatives, net of related hedges	133	35	(186)	220
All other derivatives and hedge accounting*	141	120	235	105
Sales of alternative investments and real estate investments	40	137	48	147
Other	(11)	(2)	(59)	(10)
Net realized gains (losses)	368	724	(397)	1,083
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	$ (25)	$ (40)	$ (107)	$ (53)

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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments		$ (10,048)	$ (4,202)	$ (42,324)
Net gains (losses) recognized during the period on equity securities and other investments	$ 65	(43)	252	226
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	32	7	74	(57)
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	33	(50)	178	283
Continuing Operations, Excluding Held-For-Sale
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	(6,370)		(4,122)
Fixed maturity securities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	(6,369)	(10,044)	(4,133)	(42,320)
Other investments
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	(1)	(4)	11	(4)
Equities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	9	(5)	42	(82)
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	26	1	59	(47)
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	(17)	(6)	(17)	(35)
Other invested assets
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	56	(38)	210	308
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	6	6	15	(10)
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	$ 50	$ (44)	$ 195	$ 318

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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 90	$ 114	$ 148	$ 78
Additions:
Securities for which allowance for credit losses were not previously recorded	59	16	102	146
Reductions:
Securities sold during the period	(4)	(12)	(32)	(47)
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	(11)	(15)	(9)	(59)
Write-offs charged against the allowance	(24)	(10)	(99)	(25)
Balance, end of period	110	93	110	93
Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	40	19	27	8
Additions:
Securities for which allowance for credit losses were not previously recorded	12	1	27	35
Reductions:
Securities sold during the period	(1)	(1)	(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	5	2	(17)
Write-offs charged against the allowance	(16)	0	(16)	0
Balance, end of period	38	24	38	24
Non-Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	50	95	121	70
Additions:
Securities for which allowance for credit losses were not previously recorded	47	15	75	111
Reductions:
Securities sold during the period	(3)	(11)	(30)	(45)
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	(14)	(20)	(11)	(42)
Write-offs charged against the allowance	(8)	(10)	(83)	(25)
Balance, end of period	$ 72	$ 69	$ 72	$ 69

Investments - Pledged investmen

Investments - Pledged investments (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jan. 01, 2021
Financial Instruments Owned and Pledged as Collateral [Line Items]
Amounts borrowed under repurchase and securities lending agreements	$ 733	$ 3,100
Securities pledged under repurchase agreements	764	2,968
Total carrying values of cash and securities deposited under requirements of regulatory authorities or other insurance-related arrangements	6,000	3,500
Loans	46,806	45,166
Policyholder contract deposits	159,858	156,058	$ 154,974	$ 148,421
Less Than 12 Months	56,229	119,440
Guaranteed Investment Contract
Financial Instruments Owned and Pledged as Collateral [Line Items]
Policyholder contract deposits	102	56
Asset Pledged as Collateral | Federal Home Loan Bank Advances
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	4,900	4,800
Loans	2,900	1,800
Asset Pledged as Collateral | Deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	101	63
Asset Pledged as Collateral | Collateralized Reinsurance Transactions
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	236	144
Obligations of states, municipalities and political subdivisions
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	2,269	5,076
Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	1,090	3,932
Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	34,822	82,971
U.S. government and government sponsored entities
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	287	761
Overnight and Continuous
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	34	0
Up to 30 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	730	2,391
31 - 90 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	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	764	2,968
Securities collateral pledged to us	764	2,968
Bonds Available For Sale | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	38	21
Bonds Available For Sale | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	726	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	34	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	38	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	692	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	0	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	$ 268	$ 222

Lending Activities - Compositio

Lending Activities - Composition of mortgages and other loans receivable (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 46,806			$ 45,166
Allowance for credit losses		(752)	$ (548)	$ (689)	(600)	$ (484)	$ (496)
Mortgage and other loans receivable, net	[1]	46,054			44,566
Off-balance-sheet commitments		61			60
Commercial Mortgages
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		34,018			32,993
Allowance for credit losses		$ (681)	(465)	$ (621)	$ (531)	$ (414)	$ (423)
Weighted average loan-to-value ratio (as a percent)		59%			59%
Weighted average debt service coverage ratio		1.9			1.9
Off-balance-sheet commitments		$ 61	$ 76
Loans on nonacrrual status		622			$ 623
Accrued interest receivable		$ 156			$ 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		1.9			2
Commercial Mortgages | California
Composition of Mortgages and other loans receivable
Weighted average loan-to-value ratio (as a percent)		55%			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		$ 7,850			$ 5,856
Loans on nonacrrual status		18			3
Accrued interest receivable		20			15
Life insurance policy loans
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		1,761			1,750
Commercial loans, other loans and notes receivable
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 3,177			4,567
Loans held for sale					$ 170
[1] See Note 9

Lending Activities - Credit qua

Lending Activities - Credit quality of commercial mortgages (Details) $ in Millions	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 46,806	$ 45,166
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	1,539	6,278
2022	6,674	2,777
2021	3,194	1,932
2020	1,531	5,227
2019	5,139	4,682
Prior	15,941	12,097
Total	$ 34,018	$ 32,993
Weighted average debt service coverage ratio	1.9	1.9
Weighted average loan-to-value ratio (as a percent)	59%	59%
Commercial Mortgages | >90 days delinquent or in process of foreclosure(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 156	$ 167
Commercial Mortgages | Fortitude RE | >90 days delinquent or in process of foreclosure(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	156	156
Less than 65% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	1,373	5,270
2022	4,446	2,061
2021	2,363	1,515
2020	1,087	3,752
2019	3,628	2,666
Prior	10,984	9,205
Total	23,881	24,469
65% to 75% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	166	973
2022	1,656	435
2021	509	391
2020	239	1,425
2019	1,461	1,356
Prior	3,307	1,184
Total	7,338	5,764
76% to 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0	35
2022	532	43
2021	43	0
2020	0	0
2019	0	70
Prior	171	218
Total	746	366
Greater than 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0	0
2022	40	238
2021	279	26
2020	205	50
2019	50	590
Prior	1,479	1,490
Total	2,053	2,394
Greater than 1.2X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	1,432	5,382
2022	5,636	2,043
2021	1,951	1,521
2020	1,235	4,832
2019	4,939	3,505
Prior	12,655	9,948
Total	27,848	27,231
1.00 - 1.20X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	107	859
2022	1,000	734
2021	1,243	388
2020	296	343
2019	200	470
Prior	2,368	1,088
Total	5,214	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	0	52
2019	0	707
Prior	918	1,061
Total	$ 956	$ 1,880

Lending Activities - Credit q_2

Lending Activities - Credit quality performance indicators for commercial mortgages (Details) $ in Millions	Sep. 30, 2023 USD ($) loan	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($) loan	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 46,806		$ 45,166
Allowance for credit losses	$ 752	$ 689	$ 600	$ 548	$ 484	$ 496
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	623		611
Total	$ 34,018		$ 32,993
Allowance for credit losses	$ 681	$ 621	$ 531	$ 465	$ 414	$ 423
Percent of Total	99%		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	621		599
Total	$ 33,847		$ 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	1		0
Total	$ 15		$ 0
Percent of Total	0%		0%
Commercial Mortgages | >90 days delinquent or in process of foreclosure(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	1		3
Total	$ 156		$ 167
Percent of Total	0%		1%
Commercial Mortgages | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 13,871		$ 13,226
Allowance for credit losses	84		89
Commercial Mortgages | Apartments | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	13,871		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	0		0
Commercial Mortgages | Apartments | >90 days delinquent or in process of foreclosure(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Offices
Financing Receivable, Credit Quality Indicator [Line Items]
Total	8,664		8,966
Allowance for credit losses	435		294
Commercial Mortgages | Offices | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	8,493		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	15		0
Commercial Mortgages | Offices | >90 days delinquent or in process of foreclosure(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	156		167
Commercial Mortgages | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,459		3,286
Allowance for credit losses	50		54
Commercial Mortgages | Retail | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,459		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(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total	5,907		5,417
Allowance for credit losses	81		65
Commercial Mortgages | Industrial | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	5,907		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(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Hotel
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,802		1,808
Allowance for credit losses	27		23
Commercial Mortgages | Hotel | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,802		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(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Others
Financing Receivable, Credit Quality Indicator [Line Items]
Total	315		290
Allowance for credit losses	4		6
Commercial Mortgages | Others | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	315		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(a)
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	Sep. 30, 2023	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 46,806	$ 45,166
Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	1,392	995
2022	1,357	2,935
2021	2,957	849
2020	846	322
2019	390	119
Prior	908	636
Total	7,850	5,856
780 and greater | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	354	294
2022	507	2,141
2021	2,294	652
2020	628	229
2019	241	76
Prior	505	437
Total	4,529	3,829
720 - 779 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	821	536
2022	581	711
2021	549	167
2020	168	75
2019	99	32
Prior	214	134
Total	2,432	1,655
660 - 719 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	215	163
2022	248	79
2021	102	28
2020	40	16
2019	37	9
Prior	123	47
Total	765	342
600 - 659 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2	2
2022	21	4
2021	10	2
2020	8	1
2019	9	2
Prior	50	13
Total	100	24
Less than 600 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0	0
2022	0	0
2021	2	0
2020	2	1
2019	4	0
Prior	16	5
Total	$ 24	$ 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Receivables [Abstract]
Loans modified in a troubled debt restructuring		$ 143		$ 143
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	$ 689	484	$ 600	496
Loans charged off			(5)	(4)
Net charge-offs	(1)	0	(5)	(4)
Addition to (release of) allowance for loan losses	64	64	157	56
Allowance, end of period	752	548	752	548
Off-balance-sheet commitments	61		61		$ 60
Commercial Mortgages
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	621	414	531	423
Loans charged off			(5)	(4)
Net charge-offs	(1)	0	(5)	(4)
Addition to (release of) allowance for loan losses	61	51	155	46
Allowance, end of period	681	465	681	465
Off-balance-sheet commitments	61	76	61	76
Other Loans
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	68	70	69	73
Loans charged off			0	0
Net charge-offs	0	0	0	0
Addition to (release of) allowance for loan losses	3	13	2	10
Allowance, end of period	$ 71	$ 83	$ 71	$ 83

Lending Activities - Loan Modif

Lending Activities - Loan Modification (Details) - Extended Maturity - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023
Commercial Mortgage Loans
Composition of Mortgages and other loans receivable
Financing Receivable, Excluding Accrued Interest, Modified in Period, Amount	$ 32	$ 32
Commercial Loans, Other Loans And Notes Receivable
Composition of Mortgages and other loans receivable
Financing Receivable, Excluding Accrued Interest, Modified in Period, Amount	$ 168	$ 168

Reinsurance - Rollforward of th

Reinsurance - Rollforward of the reinsurable allowance for credit losses before adoption (Details) - USD ($) $ in Millions	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance	$ 70	$ 66	$ 84	$ 108	$ 107	$ 101		$ 3,155
Reinsurance assets, net of allowance for credit losses and disputes							$ (3,140)
Fortitude RE
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance								36,824
Reinsurance assets, net of allowance for credit losses and disputes	$ (25,239)		(26,844)				(36,824)
As Previously Reported
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance								2,722
Reinsurance assets, net of allowance for credit losses and disputes			(2,980)				(2,707)
As Previously Reported | Fortitude RE
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance								29,158
Reinsurance assets, net of allowance for credit losses and disputes			$ (27,794)				$ (29,158)	(15)
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

Reinsurance - Summary of the co

Reinsurance - Summary of the composition of pool of assets (Details) - USD ($) $ in Millions		Sep. 30, 2023		Dec. 31, 2022		Jan. 01, 2021
Effects of Reinsurance [Line Items]
Bonds available for sale	[1]	$ 151,378		$ 156,793
Fixed maturity securities - fair value option	[1]	4,186		3,769
Loans		46,806		45,166
Investment real estate		1,859		1,831
Short-term Investments	[1]	4,730		4,400
Derivative assets net, carrying value		272		299
Fair Value		5,139		3,252
Other assets		1,814	[1]	2,521	[1]	$ 3,824
Total assets		355,592		360,322		$ 422,435
Carrying Value
Effects of Reinsurance [Line Items]
Short-term Investments		3,102		3,043
Other assets		9		12
Private equity funds/hedge funds
Effects of Reinsurance [Line Items]
Private equity funds/hedge funds		7,924		8,014
Commercial Mortgages
Effects of Reinsurance [Line Items]
Loans		34,018		32,993
Policy loans
Effects of Reinsurance [Line Items]
Loans		1,761		1,750
Fortitude Holdings
Effects of Reinsurance [Line Items]
Derivative asset, fair value of collateral		10		189
Derivative liability, Fair value of collateral		2
Fortitude Holdings | Carrying Value
Effects of Reinsurance [Line Items]
Bonds available for sale		13,957		16,339
Fixed maturity securities - fair value option		3,777		3,485
Investment real estate		122		133
Short-term Investments		120		69
Funds withheld investment assets		23,697		25,764
Derivative assets net, carrying value		0		90
Other assets		751		731
Total assets		24,448		26,585
Fortitude Holdings | Fair Value
Effects of Reinsurance [Line Items]
Bonds available for sale		13,957		16,339
Fixed maturity securities - fair value option		3,777		3,485
Investment real estate		295		348
Short-term Investments		120		69
Funds withheld investment assets		23,584		25,730
Fair Value		0		90
Other assets		751		731
Total		24,335		26,551
Fortitude Holdings | Private equity funds/hedge funds | Carrying Value
Effects of Reinsurance [Line Items]
Private equity funds/hedge funds		1,856		1,893
Fortitude Holdings | Private equity funds/hedge funds | Fair Value
Effects of Reinsurance [Line Items]
Private equity funds/hedge funds		1,856		1,893
Fortitude Holdings | Commercial Mortgages | Carrying Value
Effects of Reinsurance [Line Items]
Loans		3,530		3,490
Fortitude Holdings | Commercial Mortgages | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		3,244		3,241
Fortitude Holdings | Policy loans | Carrying Value
Effects of Reinsurance [Line Items]
Loans		335		355
Fortitude Holdings | Policy loans | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		$ 335		$ 355
[1] See Note 9

Reinsurance - Summary of the im

Reinsurance - Summary of the impact of funds withheld (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	$ 2,657	$ 2,160	$ 8,066	$ 7,021
Net realized gains (losses) on Fortitude Re funds withheld assets	1,220	2,098	(558)	7,505
Income before income tax expense (benefit)	2,461	3,172	2,703	10,798
Income tax expense	(392)	(640)	(336)	(2,151)
Net income	2,069	2,532	2,367	8,647
Comprehensive income (loss)	(2,046)	(3,335)	(57)	(17,559)
Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	233	157	897	617
Fortitude Holdings
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	233	157	897	617
Net realized gains (losses) on Fortitude Re funds withheld assets	852	1,374	(161)	6,422
Income before income tax expense (benefit)	1,085	1,531	736	7,039
Income tax expense	(228)	(321)	(155)	(1,478)
Net income	857	1,210	581	5,561
Comprehensive income (loss)	37	119	47	319
Fortitude Holdings | Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net realized gains (losses) on Fortitude Re funds withheld assets	(228)	(89)	(338)	(272)
Fortitude Holdings | Fortitude Re funds withheld assets | Embedded derivatives
Effects of Reinsurance [Line Items]
Net realized gains (losses) on Fortitude Re funds withheld assets	1,080	1,463	177	6,694
Fortitude Holdings | Other investments
Effects of Reinsurance [Line Items]
Change in unrealized depreciation of the invested assets supporting the Fortitude Re modco arrangement classified as available for sale*	$ (820)	$ (1,091)	$ (534)	$ (5,242)

Reinsurance - Narrative (Detail

Reinsurance - Narrative (Details) $ in Billions	Sep. 30, 2023 USD ($)
Insurance [Abstract]
Reinsurance recoverables	$ 26.9

Reinsurance - Rollforward of _2

Reinsurance - Rollforward of the reinsurance recoverable allowance for credit losses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Reinsurance Recoverable, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 66	$ 107	$ 84	$ 101
Current period provision for expected credit losses and disputes	4	1	(14)	7
Write-offs charged against the allowance for credit losses and disputes	0	0	0	0
Other changes	0	0	0	0
Balance, end of period	$ 70	$ 108	$ 70	$ 108

Variable Interest Entities - Co

Variable Interest Entities - Consolidated VIEs (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Sep. 30, 2023		Dec. 31, 2022		Sep. 30, 2022	Jan. 01, 2021
Assets:
Bonds available for sale	[1]		$ 151,378		$ 156,793
Other bond securities	[1]		4,186		3,769
Equity securities	[1]		126		170
Mortgage and other loans receivable	[1]		46,054		44,566
Investment real estate			1,859		1,831
Short-term Investments	[1]		4,730		4,400
Cash			569	[1]	552	[1]	$ 382
Accrued investment income	[1]		2,010		1,813
Other assets			1,814	[1]	2,521	[1]		$ 3,824
Total assets			355,592		360,322			422,435
Liabilities:
Total liabilities			346,336		350,003			$ 383,760
Real Estate and Investment Entities | Internal Parties
Liabilities:
Off-balance sheet exposure associated with VIEs			1,900		2,100
Real Estate and Investment Entities | External Entities
Liabilities:
Off-balance sheet exposure associated with VIEs			400		600
Consolidated VIE
Assets:
Bonds available for sale			67		3,571
Other bond securities			2		0
Equity securities			7		51
Mortgage and other loans receivable			1,956		2,088
Alternative investments			2,849		2,842
Investment real estate			1,414		1,731
Short-term Investments			144		456
Cash			54		71
Accrued investment income			5		7
Other assets			91		170
Total assets			6,589		10,987
Liabilities:
Long-term debt			2,350		5,958
Other liabilities			74		132
Total liabilities			2,424		6,090
Consolidated VIE | Real Estate and Investment Entities
Assets:
Bonds available for sale			0		0
Other bond securities			2		0
Equity securities			7		51
Mortgage and other loans receivable			0		0
Alternative investments			2,849		2,842
Investment real estate			1,414		1,731
Short-term Investments			134		191
Cash			54		71
Accrued investment income			0		0
Other assets			90		102
Total assets			4,550		4,988
Liabilities:
Long-term debt			1,186		1,382
Other liabilities			70		85
Total liabilities			1,256		1,467
Consolidated VIE | Securitization Vehicles
Assets:
Bonds available for sale			67		3,571
Other bond securities			0		0
Equity securities			0		0
Mortgage and other loans receivable			1,956		2,088
Alternative investments			0		0
Investment real estate			0		0
Short-term Investments			10		265
Cash			0		0
Accrued investment income			5		7
Other assets					68
Other assets			1
Total assets			2,039		5,999
Liabilities:
Long-term debt			1,164		4,576
Other liabilities			4		47
Total liabilities			1,168		4,623
Corebridge Entities | Real Estate and Investment Entities | Internal Parties
Liabilities:
Off-balance sheet exposure associated with VIEs			1,200		1,400
AIG Affiliates | Real Estate and Investment Entities | Internal Parties
Liabilities:
Off-balance sheet exposure associated with VIEs			600		700
Unconsolidated VIE
Assets:
Total assets			383,670		376,055
Liabilities:
Off-balance sheet exposure associated with VIEs			$ 2,827		$ 2,784
Unconsolidated VIE | Securitization Vehicles
Assets:
Total assets		$ 3,600
Liabilities:
Total liabilities		3,200
Deconsolidation, Gain (Loss), Amount		$ 3
[1] See Note 9

Variable Interest Entities - In

Variable Interest Entities - Interests in Consolidated VIEs in the Consolidated Income Statements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
VARIABLE INTEREST ENTITY
Total revenue	$ 5,505	$ 6,538	$ 15,524	$ 20,568
Net income (loss) attributable to noncontrolling interests	(32)	126	(46)	281
Net income (loss) attributable to Corebridge	2,101	2,406	2,413	8,366
Consolidated VIE
VARIABLE INTEREST ENTITY
Total revenue	(3)	192	143	693
Net income (loss) attributable to noncontrolling interests	(32)	126	(46)	281
Net income (loss) attributable to Corebridge	7	4	113	254
Consolidated VIE | Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total revenue	(21)	214	48	602
Net income (loss) attributable to noncontrolling interests	(32)	126	(46)	280
Net income (loss) attributable to Corebridge	(5)	77	47	286
Consolidated VIE | Securitization And Repackaging And Vehicles
VARIABLE INTEREST ENTITY
Total revenue	18	(22)	95	91
Net income (loss) attributable to noncontrolling interests	0	0	0	1
Net income (loss) attributable to Corebridge	12	(73)	66	(32)
Consolidated VIE | Affordable Housing Partnerships
VARIABLE INTEREST ENTITY
Total revenue	0	0	0	0
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Net income (loss) attributable to Corebridge	$ 0	$ 0	$ 0	$ 0

Variable Interest Entities - Un

Variable Interest Entities - Unconsolidated VIEs (Details) - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022	Jan. 01, 2021
VARIABLE INTEREST ENTITY
Total VIE Assets		$ 355,592	$ 360,322	$ 422,435
Other investments	[1]	10,436	10,418
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets		383,670	376,055
Maximum Exposure to Loss, On-Balance Sheet		5,575	5,575
Maximum Exposure to Loss, Off-Balance Sheet		2,827	2,784
Total		8,402	8,359
Other investments		5,500	5,600
Unconsolidated VIE | Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total VIE Assets		383,670	376,055
Maximum Exposure to Loss, On-Balance Sheet		5,575	5,575
Maximum Exposure to Loss, Off-Balance Sheet		2,827	2,784
Total		$ 8,402	$ 8,359
[1] See Note 9

Variable Interest Entities - Na

Variable Interest Entities - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Jan. 01, 2021
VARIABLE INTEREST ENTITY
Total VIE Assets	$ 355,592	$ 360,322	$ 422,435
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets	383,670	376,055
Off-balance sheet exposure associated with VIEs	2,827	2,784
Unconsolidated VIE | Other Investment Companies
VARIABLE INTEREST ENTITY
Total VIE Assets	3,000	3,200
Off-balance sheet exposure associated with VIEs	$ 2,300	$ 1,500

Derivatives and Hedge Account_3

Derivatives and Hedge Accounting - Notional amounts and fair values of derivative instruments (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Gross Derivative Assets
Notional Amount	$ 138,173	$ 109,145
Fair Value	5,139	3,252
Counterparty netting	(3,680)	(2,547)
Cash Collateral	(1,187)	(406)
Total derivative assets	272	299
Gross Derivative Liabilities
Notional Amount	59,138	43,388
Fair Value	5,290	3,335
Counterparty netting	(3,680)	(2,547)
Cash Collateral	(1,520)	(691)
Total derivative liabilities on consolidated balance sheet	90	97
Bifurcated embedded derivatives assets, fair value	0	0
Bifurcated embedded derivative liabilities, fair value	$ 6,600	$ 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	$ 179	$ 155
Fair Value	191	202
Gross Derivative Liabilities
Notional Amount	3,042	1,798
Fair Value	92	77
Derivatives designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	6,427	3,535
Fair Value	623	575
Gross Derivative Liabilities
Notional Amount	376	3,354
Fair Value	19	176
Derivatives not designated as hedging instruments | Interest rate contracts
Gross Derivative Assets
Notional Amount	33,952	27,656
Fair Value	2,057	1,371
Gross Derivative Liabilities
Notional Amount	29,295	21,553
Fair Value	4,071	2,599
Derivatives not designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	11,408	4,630
Fair Value	835	672
Gross Derivative Liabilities
Notional Amount	1,788	6,673
Fair Value	254	456
Derivatives not designated as hedging instruments | Equity contracts
Gross Derivative Assets
Notional Amount	40,896	26,041
Fair Value	1,417	417
Gross Derivative Liabilities
Notional Amount	24,637	9,962
Fair Value	854	27
Derivatives not designated as hedging instruments | Other contracts
Gross Derivative Assets
Notional Amount	45,311	47,128
Fair Value	16	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	Sep. 30, 2023	Dec. 31, 2022
Gross Derivative Assets
Notional Amount	$ 138,173	$ 109,145
Fair Value	5,139	3,252
Gross Derivative Liabilities
Notional Amount	59,138	43,388
Fair Value	5,290	3,335
Total derivatives with related parties
Gross Derivative Assets
Notional Amount	73,591	60,633
Fair Value	4,136	3,177
Gross Derivative Liabilities
Notional Amount	48,641	42,109
Fair Value	4,965	3,154
Total derivatives with third parties
Gross Derivative Assets
Notional Amount	64,582	48,512
Fair Value	1,003	75
Gross Derivative Liabilities
Notional Amount	10,497	1,279
Fair Value	$ 325	$ 181

Derivatives and Hedge Account_5

Derivatives and Hedge Accounting - Balance sheet location (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Fixed maturity securities
Derivative [Line Items]
Carrying amount of hedged assets	$ 6,753	$ 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	(4,750)	(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	(23)	(25)
Cumulative effect of change in accounting principle | Policyholder contract deposits(b)
Derivative [Line Items]
Carrying amount of hedged liabilities	$ (71)	$ (68)

Derivatives and Hedge Account_6

Derivatives and Hedge Accounting - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	$ (11)		$ (11)		$ 223
Reclassification into interest expense	7		21		21
Amounts to be reclassified in the next 30 years			181
Amounts to be reclassified in the next twelve months			28
Fair value of hybrid securities	0		0		0
Par value of hybrid securities	25		25		25
Net Investment Income
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	(1)		(1)
Currency Swap
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	3	$ 7	1	$ 16
Third Parties
Credit derivatives:
Collateral posted	148		148		255
Collateral obtained from third parties for derivative transactions	693		693		40
Total derivatives with related parties
Credit derivatives:
Collateral posted	2,200		2,200		1,500
Collateral obtained from third parties for derivative transactions	$ 640		$ 640		$ 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest rate contracts | Net Realized and Unrealized Gains (Losses)
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	$ 0	$ 0	$ 0	$ 0
Gains/(losses) recognized in earnings for excluded components	0	0	0	0
Gain (losses) recognized in earnings on hedged items	0	0	0	0
Net Impact	0	0	0	0
Interest rate contracts | Interest credited to policyholder account balances
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	(57)	(66)	(14)	(156)
Gains/(losses) recognized in earnings for excluded components	0	0	0	0
Gain (losses) recognized in earnings on hedged items	54	64	3	157
Net Impact	(3)	(2)	(11)	1
Interest rate contracts | Net investment income
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	1	25	1	26
Gains/(losses) recognized in earnings for excluded components	0	0	0	0
Gain (losses) recognized in earnings on hedged items	(1)	(24)	0	(25)
Net Impact	0	1	1	1
Foreign exchange contracts
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	226	418	64	949
Gains/(losses) recognized in earnings for excluded components	(124)	105	(15)	181
Gain (losses) recognized in earnings on hedged items	(226)	(418)	(64)	(949)
Net Impact	$ (124)	$ 105	$ (15)	$ 181

Derivatives and Hedge Account_8

Derivatives and Hedge Accounting - Derivatives not designated as hedging instruments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fortitude Re funds withheld assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (155)	$ (31)	$ (197)	$ (39)
Excluding Fortitude Re funds withheld embedded derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	1,080	1,463	177	6,694
Derivatives not designated as hedging instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	1,014	2,140	(1,037)	7,721
Derivatives not designated as hedging instruments | AIG
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(744)	240	(984)	(1,200)
Derivatives not designated as hedging instruments | Excluding Fortitude Re Funds Withheld Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	538	978	133	2,001
Derivatives not designated as hedging instruments | Policy fees
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	16	16	48	45
Derivatives not designated as hedging instruments | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	1	8	(1)	6
Derivatives not designated as hedging instruments | Policyholder benefits and claims incurred
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(5)	(7)	(5)	(21)
Derivatives not designated as hedging instruments | Change in the fair value of market risk benefits
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(461)	(287)	(1,192)	(965)
Derivatives not designated as hedging instruments | Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(618)	(536)	(734)	(2,218)
Derivatives not designated as hedging instruments | Foreign exchange contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	268	893	78	1,797
Derivatives not designated as hedging instruments | Equity contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(459)	27	(507)	(93)
Derivatives not designated as hedging instruments | Credit contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	0	0	0	(1)
Derivatives not designated as hedging instruments | Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	25	16	50	48
Derivatives not designated as hedging instruments | Embedded derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	718	277	(101)	1,494
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	$ 1,080	$ 1,463	$ 177	$ 6,694

Deferred Policy Acquisition C_3

Deferred Policy Acquisition Costs - LDTI and VOBA Adoption Adjustments (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Long-Duration Insurance Contracts
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	$ 9,956	$ 10,472	$ 10,412	$ 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	4,738	4,643	4,640	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	1,053	1,060	1,063	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	4,098	4,718	4,663	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	67	51	46	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	17	91	90	113
Value Of Business Acquired | Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	2	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	14	87	87	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	$ 0	$ 0	$ 0	$ 0	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 and VOBA (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Jan. 01, 2021
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Deferred policy acquisition costs and value of business acquired	$ 9,973		$ 10,563	$ 10,500
Long-Duration Insurance Contracts And Value Of Business Acquired
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Deferred policy acquisition costs and value of business acquired	9,973	$ 10,502	$ 10,563
Long-Duration Insurance Contracts
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	10,472	10,485
Capitalization	937	782
Amortization expense	(774)	(751)
Other, including foreign exchange	5	(104)
Reclassified to Assets held-for-sale	684
Balance, end of year	9,956	10,412
Long-Duration Insurance Contracts | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,643	4,604
Capitalization	519	419
Amortization expense	(424)	(384)
Other, including foreign exchange	0	1
Reclassified to Assets held-for-sale	0
Balance, end of year	4,738	4,640
Long-Duration Insurance Contracts | Group Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	1,060	1,078
Capitalization	55	44
Amortization expense	(62)	(59)
Other, including foreign exchange	0	0
Reclassified to Assets held-for-sale	0
Balance, end of year	1,053	1,063
Long-Duration Insurance Contracts | Life Insurance
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,718	4,765
Capitalization	341	306
Amortization expense	(282)	(303)
Other, including foreign exchange	5	(105)
Reclassified to Assets held-for-sale	684
Balance, end of year	4,098	4,663
Long-Duration Insurance Contracts | Institutional Markets
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	51	38
Capitalization	22	13
Amortization expense	(6)	(5)
Other, including foreign exchange	0	0
Reclassified to Assets held-for-sale	0
Balance, end of year	67	46
Value Of Business Acquired
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	91	113
Amortization expense	(8)	(7)
Other, including foreign exchange	5	16
Reclassified to Assets held-for-sale	71
Balance, end of year	17	90
Value Of Business Acquired | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	3	3
Amortization expense	(1)	0
Other, including foreign exchange	0	1
Reclassified to Assets held-for-sale	0
Balance, end of year	2	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
Reclassified to Assets held-for-sale	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	(7)	(7)
Other, including foreign exchange	5	15
Reclassified to Assets held-for-sale	71
Balance, end of year	14	87
Value Of Business Acquired | Institutional Markets
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	0	0
Amortization expense	0	0
Other, including foreign exchange	0	0
Reclassified to Assets held-for-sale	0
Balance, end of year	$ 0	$ 0

Deferred Policy Acquisition C_5

Deferred Policy Acquisition Costs - Rollforward of DSI (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Jan. 01, 2021
Summary of Significant Accounting Policies [Line Items]
Other assets, including restricted cash	$ 9,973		$ 10,563	$ 10,500
Deferred Sale Inducements
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	558	$ 619
Capitalization	5	5
Amortization expense	(51)	(51)
Balance, end of period	512	573
Other reconciling items	1,302	1,845
Other assets, including restricted cash	1,814	2,418
Deferred Sale Inducements | Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	381	428
Capitalization	5	5
Amortization expense	(41)	(41)
Balance, end of period	345	392
Deferred Sale Inducements | Group Retirement
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	177	191
Capitalization	0	0
Amortization expense	(10)	(10)
Balance, end of period	$ 167	$ 181

Deferred Policy Acquisition C_6

Deferred Policy Acquisition Costs - Deferred Sales Inducement (Details) $ in Millions	Dec. 31, 2020 USD ($)
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost	$ 681
Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost	476
Group Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost	205
As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost	285
As Previously Reported | Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost	194
As Previously Reported | Group Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost	91
Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost	396
Effect of Change | Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost	282
Effect of Change | Group Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred sale inducement cost	$ 114

Future Policy Benefits - Schedu

Future Policy Benefits - Schedule of Future policy benefits (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	$ 51,547	$ 55,506	$ 52,679	$ 70,643	$ 56,371
Effect of changes in cash flow assumptions		138		134
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	1,256	1,223	1,175	1,373	1,323
Effect of changes in cash flow assumptions		0		0
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	207	211	210	264	279
Effect of changes in cash flow assumptions		0		0
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	16,259	21,179	20,297	27,442	14,126
Effect of changes in cash flow assumptions		62		140
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	14,826	12,464	10,900	13,890	11,630
Effect of changes in cash flow assumptions		0		(6)
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	$ 18,999	20,429	$ 20,097	27,674	29,013
Effect of changes in cash flow assumptions		$ 76		$ 0
As Previously Reported
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					45,955
As Previously Reported | Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					1,309
As Previously Reported | Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					282
As Previously Reported | Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					11,129
As Previously Reported | Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					11,029
As Previously Reported | Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits					22,206
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 and 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 and 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 and 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 and Other
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions					$ 0

Future Policy Benefits - Balanc

Future Policy Benefits - Balances of changes in liability for future policy benefits (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 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			$ 55	$ 123
Effect of actual variances from expected experience			52	(14)
Adjusted beginning of year balance	14,690	14,896
Issuances	986	1,050
Interest accrual	359	334
Net premium collected	(1,183)	(1,153)
Foreign exchange impact	44	(854)
Other	8	(1)
Ending balance at original discount rate	14,904	14,272
Effect of changes in discount rate assumptions (AOCI)	(2,294)	(2,191)
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	(3,784)
Balance, end of period	8,826	12,081
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			138	134
Effect of actual variances from expected experience			94	(77)
Adjusted beginning of year balance	63,048	61,299
Issuances	4,642	2,735
Interest accrual	1,973	1,815
Benefit payments	(3,507)	(3,141)
Foreign exchange impact	102	(1,648)
Other	(10)	(13)
Ending balance at original discount rate	66,248	61,047
Effect of changes in discount rate assumptions (AOCI)	(10,349)	(8,368)
Reclassified to Liabilities held-for-sale	(4,352)
Balance, end of period	51,547	52,679
Net liability for future policy benefits, end of period	42,721	40,598
Liability for future policy benefits for certain participating contracts	1,321	1,363
Liability for universal life policies with secondary guarantees and similar features	3,278	3,232
Deferred profit liability	2,400	2,164
Other reconciling items	635	678
Future policy benefits for life and accident and health insurance contracts	50,355	48,035	50,518		$ 65,182
Less: Reinsurance recoverable:	21,121	22,601
Net liability for future policy benefits after reinsurance recoverable	29,234	$ 25,434
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			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
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	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			(1)	(16)
Adjusted beginning of year balance	1,389	1,262
Issuances	141	156
Interest accrual	38	31
Benefit payments	(95)	(86)
Foreign exchange impact	0	0
Other	0	0
Ending balance at original discount rate	1,473	1,363
Effect of changes in discount rate assumptions (AOCI)	(217)	(188)
Reclassified to Liabilities held-for-sale	0
Balance, end of period	1,256	1,175
Net liability for future policy benefits, end of period	1,256	1,175
Liability for future policy benefits for certain participating contracts	0	0
Liability for universal life policies with secondary guarantees and similar features	0	0
Deferred profit liability	80	92
Other reconciling items	34	30
Future policy benefits for life and accident and health insurance contracts	1,370	1,297
Less: Reinsurance recoverable:	4	4
Net liability for future policy benefits after reinsurance recoverable	$ 1,366	$ 1,293
Weighted average liability duration of the liability for future policy benefits (in years)	7 years 4 months 24 days	7 years 4 months 24 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
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	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	16	9
Interest accrual	8	7
Benefit payments	(20)	(18)
Foreign exchange impact	0	0
Other	0	0
Ending balance at original discount rate	216	214
Effect of changes in discount rate assumptions (AOCI)	(9)	(4)
Reclassified to Liabilities held-for-sale	0
Balance, end of period	207	210
Net liability for future policy benefits, end of period	207	210
Liability for future policy benefits for certain participating contracts	0	0
Liability for universal life policies with secondary guarantees and similar features	0	0
Deferred profit liability	9	12
Other reconciling items	0	0
Future policy benefits for life and accident and health insurance contracts	216	222
Less: Reinsurance recoverable:	0	0
Net liability for future policy benefits after reinsurance recoverable	$ 216	$ 222
Weighted average liability duration of the liability for future policy benefits (in years)	6 years 7 months 6 days	6 years 9 months 18 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			34	123
Effect of actual variances from expected experience			36	(19)
Adjusted beginning of year balance	13,596	13,767
Issuances	986	1,050
Interest accrual	325	297
Net premium collected	(1,093)	(1,060)
Foreign exchange impact	44	(854)
Other	11	(1)
Ending balance at original discount rate	13,869	13,199
Effect of changes in discount rate assumptions (AOCI)	(2,199)	(2,111)
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	(3,784)
Balance, end of period	7,886	11,088
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			62	140
Effect of actual variances from expected experience			85	(24)
Adjusted beginning of year balance	24,750	24,841
Issuances	978	1,055
Interest accrual	679	657
Benefit payments	(1,461)	(1,317)
Foreign exchange impact	54	(1,093)
Other	8	(2)
Ending balance at original discount rate	25,008	24,141
Effect of changes in discount rate assumptions (AOCI)	(4,397)	(3,844)
Reclassified to Liabilities held-for-sale	(4,352)
Balance, end of period	16,259	20,297
Net liability for future policy benefits, end of period	8,373	9,209
Liability for future policy benefits for certain participating contracts	13	14
Liability for universal life policies with secondary guarantees and similar features	3,223	3,177
Deferred profit liability	18	14
Other reconciling items	508	547
Future policy benefits for life and accident and health insurance contracts	12,135	12,961
Less: Reinsurance recoverable:	700	1,069
Net liability for future policy benefits after reinsurance recoverable	$ 11,435	$ 11,892
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 10 months 24 days	11 years 10 months 24 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
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	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	(6)
Effect of actual variances from expected experience			21	(11)
Adjusted beginning of year balance	15,119	13,003
Issuances	3,503	1,507
Interest accrual	478	333
Benefit payments	(810)	(602)
Foreign exchange impact	48	(555)
Other	0	0
Ending balance at original discount rate	18,338	13,686
Effect of changes in discount rate assumptions (AOCI)	(3,512)	(2,786)
Reclassified to Liabilities held-for-sale	0
Balance, end of period	14,826	10,900
Net liability for future policy benefits, end of period	14,826	10,900
Liability for future policy benefits for certain participating contracts	0	0
Liability for universal life policies with secondary guarantees and similar features	0	0
Deferred profit liability	1,428	1,148
Other reconciling items	0	0
Future policy benefits for life and accident and health insurance contracts	16,254	12,048
Less: Reinsurance recoverable:	37	37
Net liability for future policy benefits after reinsurance recoverable	$ 16,217	$ 12,011
Weighted average liability duration of the liability for future policy benefits (in years)	10 years 10 months 24 days	10 years 1 month 6 days
Corporate and 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			21	0
Effect of actual variances from expected experience			16	5
Adjusted beginning of year balance	1,094	1,129
Issuances	0	0
Interest accrual	34	37
Net premium collected	(90)	(93)
Foreign exchange impact	0	0
Other	(3)	0
Ending balance at original discount rate	1,035	1,073
Effect of changes in discount rate assumptions (AOCI)	(95)	(80)
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	0
Balance, end of period	940	993
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			76	0
Effect of actual variances from expected experience			$ (10)	$ (24)
Adjusted beginning of year balance	21,578	21,977
Issuances	4	8
Interest accrual	770	787
Benefit payments	(1,121)	(1,118)
Foreign exchange impact	0	0
Other	(18)	(11)
Ending balance at original discount rate	21,213	21,643
Effect of changes in discount rate assumptions (AOCI)	(2,214)	(1,546)
Reclassified to Liabilities held-for-sale	0
Balance, end of period	18,999	20,097
Net liability for future policy benefits, end of period	18,059	19,104
Liability for future policy benefits for certain participating contracts	1,308	1,349
Liability for universal life policies with secondary guarantees and similar features	55	55
Deferred profit liability	865	898
Other reconciling items	93	101
Future policy benefits for life and accident and health insurance contracts	20,380	21,507
Less: Reinsurance recoverable:	20,380	21,491
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 16
Weighted average liability duration of the liability for future policy benefits (in years)	10 years 9 months 18 days	11 years 2 months 12 days

Future Policy Benefits - Narrat

Future Policy Benefits - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Term Life Insurance
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Increase in reserves	$ (1)	$ 11

Future Policy Benefits - Expect

Future Policy Benefits - Expected future benefits, expenses, and gross premiums (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Liability for Future Policy Benefit, Activity [Line Items]
Discounted expected future gross premiums (at original discount rate)		$ 63,048		$ 61,299
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	$ 2,119		$ 1,889
Undiscounted expected future gross premiums	0		0
Discounted expected future gross premiums (at original discount rate)		1,389		1,262
Discounted expected future gross premiums (at current discount rate)	0		0
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	315		324
Undiscounted expected future gross premiums	0		0
Discounted expected future gross premiums (at original discount rate)		212		216
Discounted expected future gross premiums (at current discount rate)	0		0
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	39,763		38,238
Undiscounted expected future gross premiums	29,789		28,584
Discounted expected future gross premiums (at original discount rate)		24,750		24,841
Discounted expected future gross premiums (at current discount rate)	18,596		17,965
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	33,025		21,866
Undiscounted expected future gross premiums	0		0
Discounted expected future gross premiums (at current discount rate)	0		0
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	43,250		44,919
Undiscounted expected future gross premiums	2,141		2,305
Discounted expected future gross premiums (at original discount rate)		$ 21,578		$ 21,977
Discounted expected future gross premiums (at current discount rate)	$ 1,372		$ 1,481

Future Policy Benefits - Income

Future Policy Benefits - Income statement information (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	$ 5,831	$ 3,653
Interest accretion	1,614	1,481
Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	886	951
Interest accretion	97	96
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	164	160
Interest accretion	38	31
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	16	16
Interest accretion	8	7
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	1,781	1,751
Interest accretion	354	360
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	855	922
Interest accretion	95	94
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	3,709	1,558
Interest accretion	478	333
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	161	168
Interest accretion	736	750
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	31	29
Interest accretion	$ 2	$ 2

Future Policy Benefits - Weight

Future Policy Benefits - Weighted-average interest rates (Details)	Sep. 30, 2023	Sep. 30, 2022
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	3.75%	3.42%
Weighted-average interest rate, current discount rate	5.92%	5.52%
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	5.15%	5.20%
Weighted-average interest rate, current discount rate	5.90%	5.50%
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.14%	4.13%
Weighted-average interest rate, current discount rate	5.92%	5.56%
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	3.94%	3.75%
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	3.97%	3.41%
Weighted-average interest rate, current discount rate	5.87%	5.56%
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.87%	4.89%
Weighted-average interest rate, current discount rate	5.94%	5.57%
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	4.20%	4.20%

Future Policy Benefits - Deferr

Future Policy Benefits - Deferred Profit Liability (Details) - Long-Duration Insurance Contracts $ in Millions	Dec. 31, 2020 USD ($)
Policyholder Account Balance [Line Items]
Deferred profit liability	$ 1,769
Adjustments for the reclassification from/(to) the liability for the future policy benefits	1,698
Life Insurance
Policyholder Account Balance [Line Items]
Deferred profit liability	5
Adjustments for the reclassification from/(to) the liability for the future policy benefits	0
Institutional Markets
Policyholder Account Balance [Line Items]
Deferred profit liability	830
Adjustments for the reclassification from/(to) the liability for the future policy benefits	766
Corporate and Other
Policyholder Account Balance [Line Items]
Deferred profit liability	859
Adjustments for the reclassification from/(to) the liability for the future policy benefits	859
Individual Retirement
Policyholder Account Balance [Line Items]
Deferred profit liability	67
Adjustments for the reclassification from/(to) the liability for the future policy benefits	65
Group Retirement
Policyholder Account Balance [Line Items]
Deferred profit liability	8
Adjustments for the reclassification from/(to) the liability for the future policy benefits	8
As Previously Reported
Policyholder Account Balance [Line Items]
Deferred profit liability	71
As Previously Reported | Life Insurance
Policyholder Account Balance [Line Items]
Deferred profit liability	5
As Previously Reported | Institutional Markets
Policyholder Account Balance [Line Items]
Deferred profit liability	64
As Previously Reported | Corporate and Other
Policyholder Account Balance [Line Items]
Deferred profit liability	0
As Previously Reported | Individual Retirement
Policyholder Account Balance [Line Items]
Deferred profit liability	2
As Previously Reported | Group Retirement
Policyholder Account Balance [Line Items]
Deferred profit liability	$ 0

Future Policy Benefits - Sche_2

Future Policy Benefits - Schedule of liabilities by product (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 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			$ 55	$ 123
Effect of actual variances from expected experience			52	(14)
Adjusted beginning of year balance			14,690	14,896
Issuances	986	$ 1,050
Interest accrual	359	334
Other	8	(1)
Net liability for future policy benefits, end of period	50,355	48,035
Less: Reinsurance recoverable:	(21,121)	(22,601)
Net liability for future policy benefits after reinsurance recoverable	29,234	$ 25,434
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 changes in cash flow assumptions			(41)	(24)
Effect of actual variances from expected experience			171	242
Adjusted beginning of year balance			3,485	5,225
Assessments	519	529
Excess benefits paid	(681)	(697)
Interest accrual	97	96
Other	20	(14)
Changes related to unrealized appreciation (depreciation) of investments	(162)	(1,907)
Net liability for future policy benefits, end of period	3,278	3,232
Less: Reinsurance recoverable:	(162)	(214)
Net liability for future policy benefits after reinsurance recoverable	3,116	3,018
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions			34	123
Effect of actual variances from expected experience			36	(19)
Adjusted beginning of year balance			13,596	13,767
Issuances	986	1,050
Interest accrual	325	297
Other	11	(1)
Net liability for future policy benefits, end of period	12,135	12,961
Less: Reinsurance recoverable:	(700)	(1,069)
Net liability for future policy benefits after reinsurance recoverable	$ 11,435	$ 11,892
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 10 months 24 days	11 years 10 months 24 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 changes in cash flow assumptions			(41)	(24)
Effect of actual variances from expected experience			174	245
Adjusted beginning of year balance			3,433	5,173
Assessments	518	528
Excess benefits paid	(681)	(697)
Interest accrual	95	94
Other	20	(14)
Changes related to unrealized appreciation (depreciation) of investments	(162)	(1,907)
Net liability for future policy benefits, end of period	3,223	3,177
Less: Reinsurance recoverable:	(162)	(214)
Net liability for future policy benefits after reinsurance recoverable	$ 3,061	$ 2,963
Weighted average liability duration of the liability for future policy benefits (in years)	25 years 4 months 24 days	26 years 9 months 18 days
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions			21	0
Effect of actual variances from expected experience			16	5
Adjusted beginning of year balance			1,094	1,129
Issuances	$ 0	$ 0
Interest accrual	34	37
Other	(3)	0
Net liability for future policy benefits, end of period	20,380	21,507
Less: Reinsurance recoverable:	(20,380)	(21,491)
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 16
Weighted average liability duration of the liability for future policy benefits (in years)	10 years 9 months 18 days	11 years 2 months 12 days
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	$ 55	$ 55
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			(3)	(3)
Adjusted beginning of year balance			$ 52	$ 52
Assessments	1	1
Excess benefits paid	0	0
Interest accrual	2	2
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 3 months 18 days	9 years 7 months 6 days

Future Policy Benefits - Summar

Future Policy Benefits - Summary of separate accounts (Details) - Universal Life - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Total account values	$ 3,654	$ 3,462
Net amount at risk	$ 71,497	$ 68,350
Average attained age of contract holders by product	53 years	53 years

Future Policy Benefits - Rollfo

Future Policy Benefits - Rollforward of universal life policies (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 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	$ 50,355	$ 50,518	$ 48,035		$ 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	1,370		1,297
Group Retirement
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	216		222
Life Insurance
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	12,135		12,961
Corporate and Other
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	20,380		21,507
Universal Life
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	3,278	3,355	3,232	$ 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	3,223	3,300	3,177	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 and 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 and 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 and 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 and 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

Future Policy Benefits - Univer

Future Policy Benefits - Universal life policies (Details) - Universal Life - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Net amount at risk	$ 71,497	$ 68,350
Average attained age of contract holders by product	53 years	53 years

Policyholder Contract Deposit_3

Policyholder Contract Deposits and Other Policyholder Funds - Policyholder Contract Deposit (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Policyholder Account Balance [Line Items]
Policyholder contract deposits	$ 162,474	$ 158,494	$ 157,858	$ 152,809	$ 148,421
Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits	92,536	89,554	88,572	84,097	79,203
Group Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits	41,913	43,395	43,850	43,902	43,228
Life Insurance
Policyholder Account Balance [Line Items]
Policyholder contract deposits	10,190	10,224	10,209	10,183	10,286
Institutional Markets
Policyholder Account Balance [Line Items]
Policyholder contract deposits	14,443	11,734	11,596	10,804	11,559
Corporate and Other
Policyholder Account Balance [Line Items]
Policyholder contract deposits	$ 3,392	$ 3,587	$ 3,631	$ 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 and 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 and Other
Policyholder Account Balance [Line Items]
Policyholder contract deposits					$ 0

Policyholder Contract Deposit_4

Policyholder Contract Deposits and Other Policyholder Funds - Rollforward of Policyholder Contract Deposit (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Jan. 01, 2021
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	$ 158,494	$ 152,809
Deposits	21,780	17,542
Policy charges	(2,260)	(2,263)
Surrenders and withdrawals	(17,081)	(10,632)
Benefit payments	(6,595)	(5,536)
Net transfers from (to) separate account	5,039	3,290
Interest credited	3,102	2,694
Other	(5)	(46)
Policyholder contract deposits account balance, end of period	162,474	157,858
Other reconciling items	(2,616)	(2,884)
Policyholder contract deposits	159,858	154,974	$ 156,058	$ 148,421
Cash surrender value	139,889	138,425
As Previously Reported
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits			$ 158,966	$ 154,892
Individual Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	89,554	84,097
Deposits	12,885	11,359
Policy charges	(661)	(631)
Surrenders and withdrawals	(10,310)	(6,232)
Benefit payments	(2,984)	(2,872)
Net transfers from (to) separate account	2,577	1,606
Interest credited	1,482	1,242
Other	(7)	3
Policyholder contract deposits account balance, end of period	92,536	88,572
Other reconciling items	(2,280)	(2,372)
Policyholder contract deposits	$ 90,256	$ 86,200
Weighted average crediting rate	2.65%	2.40%
Cash surrender value	$ 85,644	$ 82,151
Group Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	43,395	43,902
Deposits	3,943	3,599
Policy charges	(359)	(356)
Surrenders and withdrawals	(6,010)	(4,146)
Benefit payments	(1,801)	(1,634)
Net transfers from (to) separate account	1,896	1,659
Interest credited	843	825
Other	6	1
Policyholder contract deposits account balance, end of period	41,913	43,850
Other reconciling items	(327)	(356)
Policyholder contract deposits	$ 41,586	$ 43,494
Weighted average crediting rate	2.88%	2.74%
Cash surrender value	$ 40,928	$ 42,970
Life Insurance
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	10,224	10,183
Deposits	1,211	1,252
Policy charges	(1,143)	(1,175)
Surrenders and withdrawals	(194)	(162)
Benefit payments	(222)	(164)
Net transfers from (to) separate account	1	(1)
Interest credited	297	286
Other	16	(10)
Policyholder contract deposits account balance, end of period	10,190	10,209
Other reconciling items	11	(125)
Policyholder contract deposits	$ 10,201	$ 10,084
Weighted average crediting rate	4.37%	4.28%
Cash surrender value	$ 9,008	$ 8,948
Institutional Markets
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	11,734	10,804
Deposits	3,707	1,296
Policy charges	(50)	(52)
Surrenders and withdrawals	(502)	(44)
Benefit payments	(1,355)	(593)
Net transfers from (to) separate account	565	26
Interest credited	353	207
Other	(9)	(48)
Policyholder contract deposits account balance, end of period	14,443	11,596
Other reconciling items	(20)	(33)
Policyholder contract deposits	$ 14,423	$ 11,563
Weighted average crediting rate	3.66%	2.49%
Cash surrender value	$ 2,577	$ 2,532
Corporate and Other
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	3,587	3,823
Deposits	34	36
Policy charges	(47)	(49)
Surrenders and withdrawals	(65)	(48)
Benefit payments	(233)	(273)
Net transfers from (to) separate account	0	0
Interest credited	127	134
Other	(11)	8
Policyholder contract deposits account balance, end of period	3,392	3,631
Other reconciling items	0	2
Policyholder contract deposits	$ 3,392	$ 3,633
Weighted average crediting rate	4.99%	4.91%
Cash surrender value	$ 1,732	$ 1,824

Policyholder Contract Deposit_5

Policyholder Contract Deposits and Other Policyholder Funds - Account balances by guaranteed minimum interest rates (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 100,523	$ 103,343
Policyholder Account Balance, Percentage	100%	100%
At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 57,036	$ 69,102
Policyholder Account Balance, Percentage	56%	67%
1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 7,773	$ 4,613
Policyholder Account Balance, Percentage	8%	4%
More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 35,714	$ 29,628
Policyholder Account Balance, Percentage	36%	29%
Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 55,920	$ 56,665
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 33,430	$ 32,256
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	$ 5,871	$ 6,245
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	$ 9,234	$ 9,807
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	$ 6,907	$ 7,851
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	$ 443	$ 469
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	$ 35	$ 37
Minimum credit rating (as a percent)	5%	5%
Individual Retirement | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 26,417	$ 32,175
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	6,741	9,822
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	3,940	4,261
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	8,401	9,790
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	6,864	7,805
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	439	464
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	33
Individual Retirement | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,304	1,720
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	2,234	1,656
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	22	24
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	11	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	37	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	27,199	22,770
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	24,455	20,778
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	1,909	1,960
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	822	17
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	3	4
Group Retirement
Policyholder Account Balance [Line Items]
Policyholder Account Balance	37,372	39,242
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 10,968	$ 10,518
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	$ 5,888	$ 6,484
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	$ 12,952	$ 14,448
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	$ 641	$ 690
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	$ 6,773	$ 6,943
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	$ 150	$ 159
Minimum credit rating (as a percent)	5%	5%
Group Retirement | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 26,335	$ 31,990
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,197	3,726
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	3,874	6,024
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	12,700	14,448
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	641	690
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	6,773	6,943
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	150	159
Group Retirement | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	3,973	2,051
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	2,467	1,614
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	1,347	437
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	159	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	7,064	5,201
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	6,304	5,178
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	667	23
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	93	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	7,231	7,436
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	$ 478	$ 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	$ 1,953	$ 1,982
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	$ 1,703	$ 1,749
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	$ 2,879	$ 2,998
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	$ 218	$ 224
Minimum credit rating (as a percent)	5%	5%
Life Insurance | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 4,284	$ 4,937
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	106
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	9	235
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	1,178	1,374
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	2,879	2,998
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	218	224
Life Insurance | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,496	842
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	866	635
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	499	183
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	0
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	1,451	1,657
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	347	353
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	1,078	1,112
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	26	192
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

Policyholder Contract Deposit_6

Policyholder Contract Deposits and Other Policyholder Funds - Unexpired Risk Reserve (Details) - Unexpired Risk Reserve $ in Millions	Dec. 31, 2020 USD ($)
Policyholder Account Balance [Line Items]
Unexpired risk reserve	$ 1,795
Adjustments for the reclassification from/(to) the liability for the future policy benefits	248
Life Insurance
Policyholder Account Balance [Line Items]
Unexpired risk reserve	1,661
Adjustments for the reclassification from/(to) the liability for the future policy benefits	248
Institutional Markets
Policyholder Account Balance [Line Items]
Unexpired risk reserve	2
Adjustments for the reclassification from/(to) the liability for the future policy benefits	0
Corporate and Other
Policyholder Account Balance [Line Items]
Unexpired risk reserve	132
Adjustments for the reclassification from/(to) the liability for the future policy benefits	0
As Previously Reported
Policyholder Account Balance [Line Items]
Unexpired risk reserve	1,547
As Previously Reported | Life Insurance
Policyholder Account Balance [Line Items]
Unexpired risk reserve	1,413
As Previously Reported | Institutional Markets
Policyholder Account Balance [Line Items]
Unexpired risk reserve	2
As Previously Reported | Corporate and Other
Policyholder Account Balance [Line Items]
Unexpired risk reserve	$ 132

Policyholder Contract Deposit_7

Policyholder Contract Deposits and Other Policyholder Funds - Unearned revenue liability (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Jan. 01, 2021
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	$ 1,834	$ 1,811
Revenue deferred	114	106
Amortization	(92)	(90)
Balance, end of period	1,856	1,827
Other reconciling items	994	1,045
Other policyholder funds	2,850	2,872	$ 2,885	$ 2,740
Life Insurance
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	1,727	1,693
Revenue deferred	114	106
Amortization	(83)	(82)
Balance, end of period	1,758	1,717
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 and Other
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	105	116
Revenue deferred	0	0
Amortization	(8)	(8)
Balance, end of period	$ 97	$ 108

Market Risk Benefits - Balances

Market Risk Benefits - Balances and changes in market risk benefits (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Market Risk Benefit [Line Items]
Market risk benefit	$ 3,612	$ 3,990	$ 4,034	$ 7,034		$ 8,401
Market risk benefit in an asset position						176
Reinsured market risk benefit						162
Market risk benefit assets, at fair value	978		796		$ 338	338
Market risk benefit liabilities, at fair value	4,519		4,736		8,739
Effect of changes in future expected policyholder behavior	(2)	(20)
Effect of changes in our own credit risk	715	55	(465)	(2,101)
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	3,396	3,693	3,738	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
Effect of changes in future expected policyholder behavior	(1)	(2)
Effect of changes in our own credit risk	662	63	(441)	(1,934)
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	216	297	296	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
Effect of changes in future expected policyholder behavior	(1)	(18)
Effect of changes in our own credit risk	$ 53	$ (8)	$ (24)	$ (167)
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	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Market Risk Benefit [Roll Forward]
Balance, beginning of year	$ 4,034	$ 7,034
Balance, beginning of year, before effect of changes in our own credit risk	3,569	4,933
Issuances	555	178
Interest accrual	134	146
Attributed fees	685	691
Expected claims	(70)	(55)
Effect of changes in interest rates	(1,322)	(4,289)
Effect of changes in interest rate volatility	(5)	284
Effect of changes in equity markets	(652)	2,087
Effect of changes in equity index volatility	(31)	(80)
Actual outcome different from model expected outcome	165	153
Effect of changes in other future expected assumptions	(126)	(85)
Other, including foreign exchange	(3)	(8)
Balance, end of period, before effect of changes in our own credit risk	2,897	3,935
Effect of changes in our own credit risk	715	55	$ (465)	$ (2,101)
Balance, end of period	3,612	3,990
Less: Reinsured MRB, end of period	(71)	(98)
Net	3,541	3,892
Combined
Net amount at risk
Net amount at risk	1,792	2,686
GMDB only
Net amount at risk
Net amount at risk	1,457	2,617
GMWB only
Net amount at risk
Net amount at risk	25	15
Individual Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	3,738	6,452
Balance, beginning of year, before effect of changes in our own credit risk	3,297	4,518
Issuances	527	161
Interest accrual	122	130
Attributed fees	636	637
Expected claims	(68)	(53)
Effect of changes in interest rates	(1,223)	(3,929)
Effect of changes in interest rate volatility	(7)	267
Effect of changes in equity markets	(591)	1,923
Effect of changes in equity index volatility	(27)	(80)
Actual outcome different from model expected outcome	155	139
Effect of changes in other future expected assumptions	(86)	(85)
Other, including foreign exchange	0	4
Balance, end of period, before effect of changes in our own credit risk	2,734	3,630
Effect of changes in our own credit risk	662	63	(441)	(1,934)
Balance, end of period	3,396	3,693
Less: Reinsured MRB, end of period	(71)	(98)
Net	$ 3,325	$ 3,595
Net amount at risk
Average attained age of contract holders by product	70 years	70 years
Individual Retirement | Combined
Net amount at risk
Net amount at risk	$ 1,764	$ 2,670
Individual Retirement | GMDB only
Net amount at risk
Net amount at risk	1,200	2,059
Individual Retirement | GMWB only
Net amount at risk
Net amount at risk	24	15
Group Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	296	582
Balance, beginning of year, before effect of changes in our own credit risk	272	415
Issuances	28	17
Interest accrual	12	16
Attributed fees	49	54
Expected claims	(2)	(2)
Effect of changes in interest rates	(99)	(360)
Effect of changes in interest rate volatility	2	17
Effect of changes in equity markets	(61)	164
Effect of changes in equity index volatility	(4)	0
Actual outcome different from model expected outcome	10	14
Effect of changes in other future expected assumptions	(40)	0
Other, including foreign exchange	(3)	(12)
Balance, end of period, before effect of changes in our own credit risk	163	305
Effect of changes in our own credit risk	53	(8)	$ (24)	$ (167)
Balance, end of period	216	297
Less: Reinsured MRB, end of period	0	0
Net	$ 216	$ 297
Net amount at risk
Average attained age of contract holders by product	64 years	64 years
Group Retirement | Combined
Net amount at risk
Net amount at risk	$ 28	$ 16
Group Retirement | GMDB only
Net amount at risk
Net amount at risk	257	558
Group Retirement | GMWB only
Net amount at risk
Net amount at risk	$ 1	$ 0

Market Risk Benefits - Schedule

Market Risk Benefits - Schedule of market risk benefits (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Market Risk Benefit [Line Items]
Asset	$ 978	$ 743
Liability	4,519	4,635
Net	3,541	3,892
Individual Retirement
Market Risk Benefit [Line Items]
Asset	814	622
Liability	4,139	4,217
Net	3,325	3,595
Group Retirement
Market Risk Benefit [Line Items]
Asset	164	121
Liability	380	418
Net	$ 216	$ 297

Separate Account Assets and L_3

Separate Account Assets and Liabilities - Separate account assets (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 84,724	$ 84,853	$ 81,302
Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	51,025		46,117
Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	8,365		8,904
Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	23,711		24,606
Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,623		1,675
Individual Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	44,613		43,385
Individual Retirement | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	23,493		21,696
Individual Retirement | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	3,775		3,661
Individual Retirement | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	16,649		17,346
Individual Retirement | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	696		682
Group Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	35,166		32,528
Group Retirement | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	26,206		23,226
Group Retirement | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	3,262		3,910
Group Retirement | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	5,095		4,853
Group Retirement | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	603		539
Life Insurance
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	848		757
Life Insurance | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	736		648
Life Insurance | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	42		46
Life Insurance | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	48		46
Life Insurance | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	22		17
Institutional Markets
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	4,097		4,632
Institutional Markets | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	590		547
Institutional Markets | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,286		1,287
Institutional Markets | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,919		2,361
Institutional Markets | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 302		$ 437

Separate Account Assets and L_4

Separate Account Assets and Liabilities - separate account liabilities (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	$ 84,853	$ 109,111
Premiums and deposits	2,224	3,235
Policy charges	(1,403)	(1,457)
Surrenders and withdrawals	(5,455)	(4,484)
Benefit payments	(1,080)	(1,112)
Investment performance	5,521	(23,851)
Net transfers from (to) general account and other	64	(140)
Separate accounts balance, end of period	84,724	81,302
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	84,724	81,302
Cash surrender value	83,474	80,042
Individual Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	45,178	57,927
Premiums and deposits	1,124	1,905
Policy charges	(964)	(988)
Surrenders and withdrawals	(2,728)	(2,492)
Benefit payments	(640)	(684)
Investment performance	2,470	(12,440)
Net transfers from (to) general account and other	173	157
Separate accounts balance, end of period	44,613	43,385
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	44,613	43,385
Cash surrender value	43,566	42,313
Group Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	34,361	45,138
Premiums and deposits	1,033	1,248
Policy charges	(333)	(356)
Surrenders and withdrawals	(2,205)	(1,931)
Benefit payments	(374)	(407)
Investment performance	2,806	(10,831)
Net transfers from (to) general account and other	(122)	(333)
Separate accounts balance, end of period	35,166	32,528
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	35,166	32,528
Cash surrender value	34,980	32,340
Life Insurance
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	799	1,044
Premiums and deposits	27	28
Policy charges	(37)	(38)
Surrenders and withdrawals	(19)	(19)
Benefit payments	(5)	(5)
Investment performance	85	(252)
Net transfers from (to) general account and other	(2)	(1)
Separate accounts balance, end of period	848	757
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	848	757
Cash surrender value	828	756
Institutional Markets
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	4,515	5,002
Premiums and deposits	40	54
Policy charges	(69)	(75)
Surrenders and withdrawals	(503)	(42)
Benefit payments	(61)	(16)
Investment performance	160	(328)
Net transfers from (to) general account and other	15	37
Separate accounts balance, end of period	4,097	4,632
Aggregate carrying amount in the Condensed Consolidated Balance Sheets	4,097	4,632
Cash surrender value	$ 4,100	$ 4,633

Contingencies, Commitments an_2

Contingencies, Commitments and Guarantees (Details) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Other Commitments [Line Items]
Amount of policy issued to plaintiff's	$ 1,000,000
Other commitments	$ 4,400,000,000
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	9 Months Ended
	Nov. 02, 2023	Oct. 31, 2023	Sep. 29, 2023	Jun. 30, 2023	Jun. 01, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2022
Dividends [Line Items]
Distributed dividends							$ 0	$ 580
Subsequent Event
Dividends [Line Items]
Dividend declared (in USD per share)	$ 0.23	$ 1.16
Dividends		$ 730
Dividend Declared August 3, 2023
Dividends [Line Items]
Common stock dividend (USD per share)			$ 0.23
Dividend Declared June 1, 2023
Dividends [Line Items]
Common stock dividend (USD per share)				$ 0.62
Dividend declared (in USD per share)					$ 0.62
Dividend Declared May 8, 2023
Dividends [Line Items]
Common stock dividend (USD per share)				$ 0.23
Dividend Declared February 16, 2023
Dividends [Line Items]
Common stock dividend (USD per share)						$ 0.23

Equity and Redeemable Noncont_4

Equity and Redeemable Noncontrolling Interest - Rollforward of Common Stock (Details) - USD ($)	1 Months Ended	3 Months Ended	5 Months Ended	9 Months Ended
	Oct. 27, 2023	Sep. 30, 2023	Sep. 30, 2023	Sep. 30, 2023	May 04, 2023	Dec. 31, 2022
Common Stock Rollforward [Roll Forward]
Common Stock issued, beginning balance (in shares)	648,144,926			645,000,000
Treasury Stock, beginning balance (in shares)	(14,660,410)			0
Common Stock outstanding, beginning balance (in shares)	633,484,516			645,000,000
Shares issued under long-term incentive compensation plans (in shares)				3,144,926
Shares issued under long-term incentive compensation plans (in shares)		$ 6,000,000	$ 6,000,000	$ 6,000,000		$ 6,000,000
Shares repurchased (in shares)				14,660,410
Common Stock issued, ending balance (in shares)		648,144,926	648,144,926	648,144,926
Treasury Stock, ending balance (in shares)		(14,660,410)	(14,660,410)	(14,660,410)
Common Stock outstanding, ending balance (in shares)		633,484,516	633,484,516	633,484,516
Stock repurchase program, authorized amount					$ 1,000,000,000
Purchase of common stock		$ 47,000,000		$ 249,000,000
Total common stock
Common Stock Rollforward [Roll Forward]
Common Stock issued, beginning balance (in shares)	648,144,926			645,000,000
Shares issued under long-term incentive compensation plans (in shares)				3,144,926
Shares repurchased (in shares)				0
Common Stock issued, ending balance (in shares)		648,144,926	648,144,926	648,144,926
Treasury Stock
Common Stock Rollforward [Roll Forward]
Treasury Stock, beginning balance (in shares)	(14,660,410)			0
Shares issued under long-term incentive compensation plans (in shares)		$ 0	$ 0	$ 0
Shares repurchased (in shares)			14,700,000	14,660,410
Treasury Stock, ending balance (in shares)		(14,660,410)	(14,660,410)	(14,660,410)
Purchase of common stock		$ 47,000,000	$ 246,000,000	$ 249,000,000
Treasury Stock | Subsequent Event
Common Stock Rollforward [Roll Forward]
Shares repurchased (in shares)	(2,500,000)
Purchase of common stock	$ 50,000,000

Equity and Redeemable Noncont_5

Equity and Redeemable Noncontrolling Interest - Rollforward of Accumulated other comprehensive income (loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	$ 11,468	$ 13,459	$ 10,319	$ 28,989
Change in unrealized depreciation of investments (a)		(10,048)	(4,202)	(42,324)
Change in fair value of market risk benefits attributable to changes in our own credit risk	(104)	320	(250)	2,046
Change in discount rates assumptions of certain liabilities	1,435	2,002	1,468	7,071
Change in future policy benefits and other	173	465	106	1,905
Change in cash flow hedges	(17)	(7)	(32)	211
Change in foreign currency translation adjustments	(41)	(84)	24	(158)
Change in net actuarial loss	0	0	3	(1)
Change in deferred tax asset (liability)	889	1,485	459	5,044
Other comprehensive income (loss)	(4,115)	(5,867)	(2,424)	(26,206)
Balance, end of period	9,256	9,440	9,256	9,440
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(15,182)	(12,106)	(16,863)	8,233
Change in unrealized depreciation of investments (a)	(6,450)
Other comprehensive income (loss)	(4,112)	(5,848)	(2,431)	(26,187)
Balance, end of period	(19,294)	(17,954)	(19,294)	(17,954)
Total | Cumulative effect of change in accounting principle
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			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]
Balance, beginning of period	(19)	(33)	(92)	(31)
Other comprehensive income (loss)	(49)	(49)	24	(51)
Balance, end of period	(68)	(82)	(68)	(82)
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken | Cumulative effect of change in accounting principle
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			0
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(17,732)	(13,480)	(19,380)	12,315
Other comprehensive income (loss)	(5,058)	(7,563)	(3,410)	(33,358)
Balance, end of period	(22,790)	(21,043)	(22,790)	(21,043)
Unrealized Appreciation (Depreciation) of All Other Investments | Cumulative effect of change in accounting principle
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			0
Change in fair value of market risk benefits attributable to changes in our own credit risk
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(480)	(296)	(365)	(1,659)
Other comprehensive income (loss)	(81)	252	(196)	1,615
Balance, end of period	(561)	(44)	(561)	(44)
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	2,929	1,607	2,908	(2,390)
Other comprehensive income (loss)	1,116	1,578	1,137	5,575
Balance, end of period	4,045	3,185	4,045	3,185
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	147	169	157	0
Other comprehensive income (loss)	(14)	(6)	(24)	163
Balance, end of period	133	163	133	163
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(38)	(79)	(100)	(9)
Other comprehensive income (loss)	(29)	(79)	43	(149)
Balance, end of period	(64)	(139)	(64)	(139)
Foreign Currency Translation Adjustments | Cumulative effect of change in accounting principle
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			0
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	11	6	9	7
Other comprehensive income (loss)	0	0	2	(1)
Balance, end of period	11	6	11	6
Retirement Plan Liabilities Adjustment | Cumulative effect of change in accounting principle
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			0
Noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	(3)	(19)	7	(19)
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	(3)	(19)	7	(19)
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 (a)	(52)	(63)	41	(65)
Change in future policy benefits and other	(10)		(10)
Change in deferred tax asset (liability)	13	14	(7)	14
Other comprehensive income (loss)	(49)	(49)	24	(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 (a)	(6,398)	(9,985)	(4,243)	(42,259)
Change in future policy benefits and other	183	465	116	1,905
Change in deferred tax asset (liability)	1,157	1,957	717	6,996
Other comprehensive income (loss)	(5,058)	(7,563)	(3,410)	(33,358)
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 our own credit risk	(104)	320	(250)	2,046
Change in deferred tax asset (liability)	23	(68)	54	(431)
Other comprehensive income (loss)	(81)	252	(196)	1,615
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 discount rates assumptions of certain liabilities	1,435	2,002	1,468	7,071
Change in deferred tax asset (liability)	(319)	(424)	(331)	(1,496)
Other comprehensive income (loss)	1,116	1,578	1,137	5,575
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in cash flow hedges	(17)	(7)	(32)	211
Change in deferred tax asset (liability)	3	1	8	(48)
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in foreign currency translation adjustments	(41)	(84)	24	(158)
Change in deferred tax asset (liability)	12	5	19	9
Other comprehensive income (loss)	(29)	(79)	43	(149)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in net actuarial loss	0	0	3	(1)
Change in deferred tax asset (liability)	0		(1)
Other comprehensive income (loss)	$ 0	$ 0	$ 2	$ (1)

Equity and Redeemable Noncont_6

Equity and Redeemable Noncontrolling Interest - Other comprehensive income reclassification adjustments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months			$ 181
Other comprehensive income (loss)	$ (4,115)	$ (5,867)	(2,424)	$ (26,206)
Reinsurance Recoverable, Allowance for Credit Loss, Period Increase (Decrease)	0	0	0	0
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	(62)	(63)	14	(73)
Less: Reclassification adjustments included in net income	0	0	(17)	(8)
Total other comprehensive income (loss), before income tax expense (benefit)	(62)	(63)	31	(65)
Less: Income tax expense (benefit)	(13)	(14)	7	(14)
Other comprehensive income (loss)	(49)	(49)	24	(51)
Unrealized Appreciation (Depreciation) of All Other Investments
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	(6,223)	(9,625)	(4,453)	(40,837)
Less: Reclassification adjustments included in net income	(8)	(105)	(326)	(483)
Total other comprehensive income (loss), before income tax expense (benefit)	(6,215)	(9,520)	(4,127)	(40,354)
Less: Income tax expense (benefit)	(1,157)	(1,957)	(717)	(6,996)
Other comprehensive income (loss)	(5,058)	(7,563)	(3,410)	(33,358)
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	(104)	320	(250)	2,046
Less: Reclassification adjustments included in net income	0	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(104)	320	(250)	2,046
Less: Income tax expense (benefit)	(23)	68	(54)	431
Other comprehensive income (loss)	(81)	252	(196)	1,615
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	1,435	2,002	1,468	7,071
Less: Reclassification adjustments included in net income	0	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	1,435	2,002	1,468	7,071
Less: Income tax expense (benefit)	319	424	331	1,496
Other comprehensive income (loss)	1,116	1,578	1,137	5,575
Cash Flow Hedges
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	(17)	(7)	(32)	211
Less: Reclassification adjustments included in net income	0	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(17)	(7)	(32)	211
Less: Income tax expense (benefit)	(3)	(1)	(8)	48
Other comprehensive income (loss)	(14)	(6)	(24)	163
Foreign Currency Translation Adjustments
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	(41)	(84)	24	(158)
Less: Reclassification adjustments included in net income	0	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(41)	(84)	24	(158)
Less: Income tax expense (benefit)	(12)	(5)	(19)	(9)
Other comprehensive income (loss)	(29)	(79)	43	(149)
Retirement Plan Liabilities Adjustment
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	0	0	3	(1)
Less: Reclassification adjustments included in net income	0	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	0	0	3	(1)
Less: Income tax expense (benefit)	0	0	1	0
Other comprehensive income (loss)	0	0	2	(1)
Total Corebridge Shareholders' Equity
Other Comprehensive Income (Loss) Reclassification Adjustments
Other comprehensive income (loss)	(4,112)	(5,848)	(2,431)	(26,187)
Noncontrolling interests
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	(5,012)	(7,457)	(3,226)	(31,741)
Less: Reclassification adjustments included in net income	(8)	(105)	(343)	(491)
Total other comprehensive income (loss), before income tax expense (benefit)	(5,004)	(7,352)	(2,883)	(31,250)
Less: Income tax expense (benefit)	$ (889)	$ (1,485)	$ (459)	$ (5,044)

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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Reclassification of significant items out of Accumulated Other Comprehensive Income
Total net realized gains (losses)	$ 1,220	$ 2,098	$ (558)	$ 7,505
Net income (loss) attributable to Corebridge	2,101	2,406	2,413	8,366
Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net income (loss) attributable to Corebridge	(8)	(105)	(343)	(491)
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)	0	0	(17)	(8)
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)	$ (8)	$ (105)	$ (326)	$ (483)

Equity and Redeemable Noncont_8

Equity and Redeemable Noncontrolling Interest - Non-redeemable and redeemable noncontrolling interest (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			$ 939
Distributions to noncontrolling interests	$ (1)	$ (399)	(54)	$ (1,117)
Ending balance	890		890
Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Distributions to noncontrolling interests	(1)	(399)	(54)	(1,117)
Non-Redeemable Noncontrolling Interest | Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	907	1,208	939	1,759
Net income attributable to redeemable noncontrolling interest	(32)	127	(46)	282
Other comprehensive loss, net of tax	(3)	(19)	7	(19)
Changes in noncontrolling interests due to divestitures and acquisitions	0	(104)	(19)	(104)
Contributions from noncontrolling interests	20	22	63	45
Distributions to noncontrolling interests	(1)	(399)	(54)	(1,117)
Other	(1)	10	0	(1)
Ending balance	$ 890	845	$ 890	845
Redeemable Noncontrolling Interest
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance		58		83
Net income attributable to redeemable noncontrolling interest		(1)		(1)
Distributions to noncontrolling interests		(40)		(65)
Ending balance		$ 17		$ 17

Earnings Per Common Share - Sch

Earnings Per Common Share - Schedule of EPS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Net income	$ 2,069	$ 2,532	$ 2,367	$ 8,647
Net income (loss) attributable to noncontrolling interests	(32)	126	(46)	281
Net income (loss) attributable to Corebridge common shareholders	$ 2,101	$ 2,406	$ 2,413	$ 8,366
Basic (in shares)	639,000	645,700	646,800	645,200
Dilutive common shares (in shares)	2,000	700	1,800	200
Weighted average common shares outstanding - diluted (in shares)	641,000	646,400	648,600	645,400
Basic (in dollars per share)	$ 3.29	$ 3.73	$ 3.73	$ 12.97
Diluted (in dollars per share)	$ 3.28	$ 3.72	$ 3.72	$ 12.96
Number of shares excluded from diluted shares outstanding because the effect would have been anti-dilutive (in shares)	1,000	30	1,000	10

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Valuation Allowance [Line Items]
Effective income tax rate	15.90%	20.20%	12.40%	19.90%
U.S. federal income tax at statutory rate (as a percent)	21%	21%	21%	21%
Increase (decrease) in valuation allowance	$ (57)		$ (6)
Valuation allowance related to certain tax attribute carryforward	145		145
Valuation allowance	$ 1,500		$ 1,500
AIG | Maximum | Corebridge
Valuation Allowance [Line Items]
Ownership percentage (as a percent)	80%		80%
U.S.. Life Insurance Companies
Valuation Allowance [Line Items]
Increase (decrease) in valuation allowance	$ 177		$ 114

Related Parties - Schedule of M

Related Parties - Schedule of Material Revenues and Expenses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues:
Other income	$ 107	$ 130	$ 324	$ 439
Total net investment income	2,657	2,160	8,066	7,021
Total revenues	5,505	6,538	15,524	20,568
Expenses:
General operating and other expenses	611	578	1,797	1,741
Interest expense	135	149	441	357
Total benefits and expenses	3,044	3,366	12,821	9,770
Net investment income - excluding Fortitude Re funds withheld assets
Revenues:
Total net investment income	2,424	2,003	7,169	6,404
Related Party
Revenues:
Other income	8	24	28	83
Total revenues	8	27	20	79
Expenses:
General operating and other expenses	34	51	127	79
Interest expense	0	17	8	76
Total benefits and expenses	34	68	135	155
Related Party | Net investment income - excluding Fortitude Re funds withheld assets
Revenues:
Total net investment income	$ 0	$ 3	$ (8)	$ (4)

Related Parties - Reorganizatio

Related Parties - Reorganization Transactions (Details) $ in Millions	Feb. 28, 2022 USD ($)
Related Party | 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Related Party Transaction [Line Items]
Other income	$ 107	$ 130	$ 324	$ 439
Related Party
Related Party Transaction [Line Items]
Other income	$ 8	$ 24	$ 28	$ 83

Related Parties - Capital Marke

Related Parties - Capital Markets Agreements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Total net investment income	$ 2,657	$ 2,160	$ 8,066	$ 7,021
Derivative assets, net	272		272		$ 299
Derivative liabilities, net	90		90		97
Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	2,424	2,003	7,169	6,404
Related Party
Related Party Transaction [Line Items]
Derivative assets, net	61		61		12
Derivative liabilities, net	0		0		0
Collateral posted	2,200		2,200		1,500
Collateral obtained from third parties for derivative transactions	640		640		380
Related Party | Unsecured Derivative Transactions
Related Party Transaction [Line Items]
Derivative assets, net	0		0		253
Derivative liabilities, net	0		0		$ 0
Related Party | Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	0	3	(8)	(4)
Related Party | Net investment income - excluding Fortitude Re funds withheld assets | AIG
Related Party Transaction [Line Items]
Total net investment income	$ 0	$ 4	$ 0	$ 14

Related Parties - General Servi

Related Parties - General Services Agreement (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
General operating expenses	$ 611	$ 578	$ 1,797	$ 1,741
Related Party
Related Party Transaction [Line Items]
General operating expenses	34	51	127	79
Related Party | General Services Agreement
Related Party Transaction [Line Items]
Due to related party	54		54		$ 311
Due from related party	50		50		$ 54
General operating expenses	$ 34	$ 51	$ 127	$ 62

Related Parties - Reinsurance T

Related Parties - Reinsurance Transactions (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Reinsurance recoverables	$ 26,900		$ 26,900
Related Party | Reinsurance Transactions
Related Party Transaction [Line Items]
Reinsurance recoverables	61		61		$ 70
Reinsurance payable	7		7		$ 32
Ceded premiums	$ 10	$ 11	$ 28	$ 29

Related Parties - Guarantees (D

Related Parties - Guarantees (Details)	9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 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 - Funding Arran

Related Parties - Funding Arrangements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Total net investment income	$ 2,657	$ 2,160	$ 8,066	$ 7,021
Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	2,424	2,003	7,169	6,404
Related Party | Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	0	3	(8)	(4)
Related Party | Credit Facilities And Funding Arrangements
Related Party Transaction [Line Items]
Due from related party	0		0		$ 400
Related Party | Credit Facilities And Funding Arrangements | Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	$ 0	$ 7	$ 8	$ 10

Related Parties - Promissory No

Related Parties - Promissory Notes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Nov. 30, 2021
Related Party Transaction [Line Items]
Interest expense	$ 135	$ 149	$ 441	$ 357
Related Party
Related Party Transaction [Line Items]
Interest expense	$ 0	17	$ 8	76
Related Party | Promissory Notes
Related Party Transaction [Line Items]
Notes issued from related parties					$ 8,300
Interest expense		$ 7		$ 46

Related Parties - Purchase of S

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

Related Parties - Purchase of R

Related Parties - Purchase of Residential Mortgage Loans (Details) $ in Millions	Dec. 23, 2022 USD ($)
Related Party | Residential Mortgage Loans
Related Party Transaction [Line Items]
Notes Payable	$ 452

Related Parties - Tax Sharing A

Related Parties - Tax Sharing Arrangements (Details) - Related Party - Tax Sharing Arrangements - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Payment or (refund)	$ (368)	$ 190	$ 1,000
Receivables (payables)	$ (232)			$ 524

Related Parties - Other Transac

Related Parties - Other Transactions (Details) - USD ($) $ in Millions	Sep. 06, 2022	Sep. 30, 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 party		$ 32	$ 59

Related Parties - Repurchase of

Related Parties - Repurchase of Corebridge Common Stock (Details) - USD ($) shares in Millions, $ in Millions		9 Months Ended
	Jun. 26, 2023	Sep. 30, 2023	Sep. 30, 2022
Related Party Transaction [Line Items]
Purchase price for Common Stock repurchased		$ 246	$ 0
Related Party | Repurchase Of Corebridge Common Stock From AIG
Related Party Transaction [Line Items]
Common stock repurchased (in shares)	11
Purchase price for Common Stock repurchased	$ 180
Related Party | Repurchase Of Corebridge Common Stock From Blackstone
Related Party Transaction [Line Items]
Common stock repurchased (in shares)	1.2
Purchase price for Common Stock repurchased	$ 20

Related Parties - Related Party

Related Parties - Related Party Transactions with Blackstone (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Related Party Transaction [Line Items]
Investment expenses	$ 132	$ 107	$ 438	$ 349
Related Party
Related Party Transaction [Line Items]
Investment expenses	$ 47	$ 40	$ 119	$ 113

Related Parties - Related Par_2

Related Parties - Related Party Transactions with VIEs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Interest expense	$ 135	$ 149	$ 441	$ 357
Net income (loss) attributable to noncontrolling interests	(32)	126	(46)	281
Related Party
Related Party Transaction [Line Items]
Interest expense	0	17	8	76
Consolidated VIE
Related Party Transaction [Line Items]
Long-term debt	2,350		2,350		$ 5,958
Net income (loss) attributable to noncontrolling interests	(32)	126	(46)	281
Consolidated VIE | Related Party
Related Party Transaction [Line Items]
Long-term debt	106		106		308
Interest expense	0	9	8	29
Redeemable noncontrolling interest	520		520		$ 537
Net income (loss) attributable to noncontrolling interests	$ (17)	$ (5)	$ (6)	$ 61