Corebridge Financial (CRBG) 10-K 15 Feb 24 2023 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Feb. 08, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
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 Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 2,790
Entity Common Stock, Shares Outstanding		622,549,838
Documents Incorporated by Reference	Document of the Registrant Form 10-K Reference Locations Portions of the registrant’s definitive proxy statement for the 2024 Annual Meeting of Shareholders Part III, Items 10, 11, 12, 13 and 14
Document Fiscal Year Focus	2023
Entity Central Index Key	0001889539
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Financial Statement Error Correction [Flag]	false

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Auditor Information [Abstract]
Auditor Firm ID	238
Auditor Name	Financial Statements
Auditor Location	New York, New York

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022
Fixed maturity securities:
Bonds available-for-sale, at fair value, net of allowance for credit losses of $128 in 2023 and $148 in 2022 (amortized cost: 2023 - $184,946; 2022 - $181,274)*	[1]	$ 166,527	$ 156,793
Other bond securities	[1]	4,578	3,769
Equity securities, at fair value	[1]	63	170
Mortgage and other loans receivable	[1]	46,867	44,566
Other investments	[1]	10,257	10,418
Short-term Investments	[1]	4,336	4,400
Total investments		232,628	220,116
Cash	[1]	612	552
Accrued investment income	[1]	2,008	1,813
Premiums and other receivables, net of allowance for credit losses and disputes of $1 in 2023 and $1 in 2022		594	916
Reinsurance assets, net of allowance for credit losses and disputes		1,620	2,517
Deferred income taxes		8,577	8,831
Deferred policy acquisition costs and value of business acquired		10,011	10,563
Market risk benefit assets, at fair value		912	796
Other assets	[1]	2,294	2,521
Separate account assets, at fair value		91,005	84,853
Assets held-for-sale		2,237	0
Total assets		379,270	360,322
Liabilities:
Future policy benefits for life and accident and health insurance contracts		57,108	50,518
Policyholder contract deposits (portion measured at fair value: 2023 - $8,050; 2022 - $5,464)		162,050	156,058
Market risk benefit liabilities, at fair value		5,705	4,736
Other policyholder funds		2,862	2,885
Short-term debt		250	1,500
Separate account liabilities		91,005	84,853
Liabilities held-for-sale		1,746	0
Total liabilities		366,635	350,003
Contingencies, commitments and guarantees
Corebridge Shareholders' equity:
Common stock, $0.01 par value; 2,500,000,000 shares authorized; shares issued: 2023 - 648,148,737 and 2022 645,000,000		6	6
Treasury stock, at cost; 2023 - 26,484,411 shares and 2022 - 0 shares		(503)	0
Additional paid-in capital		8,149	8,030
Retained earnings		17,572	18,207
Accumulated other comprehensive loss		(13,458)	(16,863)
Total Corebridge Shareholders' equity		11,766	9,380
Non-redeemable noncontrolling interests		869	939
Total equity		12,635	10,319
Total liabilities and equity		379,270	360,322
Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		9,118	7,868
Debt of Consolidated Entities
Liabilities:
Long-term debt	[1]	2,504	5,958
Fortitude RE
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		26,772	26,844
Liabilities:
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $2,182; 2022 - $1,262)		25,957	26,551
Excluding Fortitude
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		1,620	2,517
Liabilities:
Other liabilities (portion measured at fair value: 2023 - $141; 2022 - $97)*	[1]	$ 8,330	$ 9,076
[1] See Note 9

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022
Fixed maturity securities:
Bonds available for sale, allowance for credit losses		$ 128	$ 148
Bonds available for sale, amortized cost		184,946	181,274
Allowance for credit losses		698	600
Other investments	[1]	10,257	10,418
Restricted cash, included in other invested assets		3	69
Short-term Investments	[1]	4,336	4,400
Premiums and other receivables, allowance for credit losses and disputes		1	1
Other assets	[1]	2,294	2,521
Liabilities:
Policyholder contract deposits		$ 162,050	$ 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)		648,148,737	645,000,000
Treasury stock, at cost (in shares)		26,484,411	0
Fortitude RE
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		$ 0	$ 0
Liabilities:
Fortitude Re funds withheld payable		25,957	26,551
Excluding Fortitude
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		30	84
Recurring Basis
Fixed maturity securities:
Other investments		7,690	7,879
Short-term Investments		1,408	1,357
Restricted cash, included in other assets		13	12
Other assets		393	299
Liabilities:
Policyholder contract deposits		8,050	5,464
Fortitude Re funds withheld payable		2,182	1,262
Other liabilities, portion measured at fair value		141	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 ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Premiums	$ 7,691	$ 5,091	$ 5,653
Policy fees	2,797	2,914	3,005
Total net investment income	11,078	9,576	11,672
Total net realized gains (losses)	(3,572)	6,091	1,752
Advisory fee income	467	475	597
Other income	417	550	578
Total revenues	18,878	24,697	23,257
Benefits and expenses:
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	9,362	6,720	7,387
Change in the fair value of market risk benefits, net	(6)	(958)	(447)
Interest credited to policyholder account balances	4,427	3,732	3,562
Amortization of deferred policy acquisition costs and value of business acquired	1,042	1,020	951
Non-deferrable insurance commissions	588	568	623
Advisory fee expenses	261	266	322
General operating expenses	2,360	2,323	2,104
Interest expense	580	534	389
(Gain) loss on extinguishment of debt	0	0	219
Net (gain) loss on divestitures	(676)	1	(3,081)
Total benefits and expenses	17,938	14,206	12,003
Income (loss) before income tax expense (benefit)	940	10,491	11,254
Current	306	878	1,946
Deferred	(402)	1,134	136
Income tax expense (benefit)	(96)	2,012	2,082
Net income (loss)	1,036	8,479	9,172
Less:
Net income (loss) attributable to noncontrolling interests	(68)	320	929
Net income (loss) attributable to Corebridge	$ 1,104	$ 8,159	$ 8,243
Income (loss) per common share attributable to Corebridge common shareholders:
Basic (in dollars per share)	$ 1.72	$ 12.63
Diluted (in dollars per share)	$ 1.71	$ 12.60
Weighted averages shares outstanding:
Basic (in shares)	643,300,000	646,100,000
Diluted (in shares)	645,200,000	647,400,000
Common Stock Class A
Income (loss) per common share attributable to Corebridge common shareholders:
Basic (in dollars per share)			$ 13.18
Diluted (in dollars per share)			$ 13.18
Weighted averages shares outstanding:
Basic (in shares)			581,100,000
Diluted (in shares)			581,100,000
Common Stock Class B
Income (loss) per common share attributable to Corebridge common shareholders:
Basic (in dollars per share)			$ 9.14
Diluted (in dollars per share)			$ 9.14
Weighted averages shares outstanding:
Basic (in shares)			63,900,000
Diluted (in shares)			63,900,000
Net investment income - excluding Fortitude Re funds withheld assets
Revenues:
Total net investment income	$ 9,710	$ 8,685	$ 9,897
Total net realized gains (losses)	(1,614)	141	1,515
Fortitude Re funds withheld assets
Revenues:
Total net investment income	1,368	891	1,775
Total net realized gains (losses)	(224)	(397)	924
Benefits and expenses:
Net (gain) loss on divestitures	0	0	(26)
Fortitude Re funds withheld embedded derivative
Revenues:
Total net realized gains (losses)	$ (1,734)	$ 6,347	$ (687)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Income (Loss) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Policyholder benefits, remeasurement (gains) losses	$ 342	$ 298	$ 233

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 1,036	$ 8,479	$ 9,172
Other comprehensive income (loss), net of tax
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken	13	(61)	31
Change in unrealized appreciation (depreciation) of all other investments	4,730	(31,695)	(5,638)
Change in fair value of market risk benefits attributable to changes in our own credit risk	(544)	1,294	179
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	(813)	5,298	1,356
Change in cash flow hedges	(11)	157	0
Change in foreign currency translation adjustments	48	(101)	(20)
Change in retirement plan liabilities	(7)	2	1
Other comprehensive income (loss)	3,416	(25,106)	(4,091)
Comprehensive income (loss)	4,452	(16,627)	5,081
Less:
Comprehensive income (loss) attributable to noncontrolling interests	(57)	310	929
Comprehensive income (loss) attributable to Corebridge	$ 4,509	$ (16,937)	$ 4,152

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Effect of Change	Total Corebridge Shareholders' Equity	Total Corebridge Shareholders' Equity Effect of Change	Common Stock	Common Stock Common Stock Class A	Common Stock Common Stock Class B	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Shareholders’ Net Investment	Shareholders’ Net Investment Effect of Change	Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Effect of Change	Non- Redeemable Noncontrolling Interests
Balance, beginning of period at Dec. 31, 2020	$ 39,781	$ (1,157)	$ 37,232	$ (1,157)	$ 0	$ 5	$ 1	$ 0	$ 0	$ 0	$ 22,573	$ 1,192	$ 14,653	$ (2,349)	$ 2,549
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Change in net investment	(13,004)		(13,004)								(13,004)
Net income attributable to Corebridge or noncontrolling interests	9,172		8,243								8,243				929
Other comprehensive income (loss)	(4,091)		(4,091)										(4,091)
Changes in noncontrolling interests due to divestitures and acquisitions	(373)														(373)
Contributions from noncontrolling interests	264														264
Distributions to noncontrolling interests	(1,611)								8,054	10,937	(18,991)				(1,611)
Other	8		7								(13)		20		1
Balance, end of period at Dec. 31, 2021	28,989		27,230		0	5	1	0	8,054	10,937	0		8,233		1,759
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to Corebridge or noncontrolling interests	8,479		8,159							8,159					320
Dividends on common stock	(876)		(876)							(876)
Other comprehensive income (loss)	(25,106)		(25,096)										(25,096)		(10)
Changes in noncontrolling interests due to divestitures and acquisitions	(104)														(104)
Contributions from noncontrolling interests	155														155
Distributions to noncontrolling interests	(1,181)				6	(5)	(1)								(1,181)
Other	(37)		(37)						(24)	(13)
Balance, end of period at Dec. 31, 2022	10,319		9,380		6	0	0	0	8,030	18,207	0		(16,863)		939
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Purchase of common stock	(503)		(503)					(503)
Net income attributable to Corebridge or noncontrolling interests	1,036		1,104							1,104					(68)
Dividends on common stock	(1,722)		(1,722)							(1,722)
Other comprehensive income (loss)	3,416		3,405										3,405		11
Changes in noncontrolling interests due to divestitures and acquisitions	(19)														(19)
Contributions from noncontrolling interests	96														96
Distributions to noncontrolling interests	(91)														(91)
Other	(103)		102						119	(17)					1
Balance, end of period at Dec. 31, 2023	$ 12,635		$ 11,766		$ 6	$ 0	$ 0	$ (503)	$ 8,149	$ 17,572	$ 0		$ (13,458)		$ 869

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Cash flows from operating activities:
Net income (loss)		$ 1,036		$ 8,479		$ 9,172
Non-cash revenues, expenses, gains and losses included in income (loss):
Net (gain) loss on Fortitude Re transactions		0		0		(26)
Net losses (gains) on sales of securities available-for-sale and other assets		304		377		(1,737)
Net (gain) loss on divestitures		(676)		1		(3,081)
(Gain) loss on extinguishment of debt		0		0		219
Unrealized (gains) losses in earnings - net		1,797		864		(556)
Change in the fair value of market risk benefits, net		(348)		(1,481)		(1,427)
Equity in income from equity method investments, net of dividends or distributions		8		(97)		33
Depreciation and other amortization		366		585		413
Impairment Charges		69		25		32
General operating and other expenses		0		0		122
Changes in operating assets and liabilities:
Insurance liabilities		770		996		1,536
Premiums and other receivables and payables - net		(265)		40		156
Funds held relating to Fortitude Re Reinsurance contracts		(137)		(8,497)		(1,160)
Reinsurance assets and funds held under reinsurance treaties		675		1,086		307
Capitalization of deferred policy acquisition costs		(1,260)		(1,059)		(1,058)
Current and deferred income taxes - net		(116)		912		169
Other, net		1,134		390		(709)
Total adjustments		2,321		(5,858)		(6,767)
Net cash provided by operating activities		3,357		2,621		2,405
Sales or distributions of:
Available-for-sale securities		7,400		10,566		10,762
Other securities		988		2,181		318
Other invested assets		1,367		1,888		4,615
Divestitures, net		747		0		1,084
Maturities of fixed maturity securities available-for-sale		8,859		9,621		20,420
Principal payments received on mortgage and other loans receivable		6,164		7,814		6,646
Purchases of:
Available-for-sale securities		(18,321)		(19,499)		(36,641)
Other securities		(1,379)		(3,694)		(1,591)
Other invested assets		(1,172)		(1,662)		(2,498)
Mortgage and other loans receivable		(9,168)		(14,203)		(7,930)
Acquisition of businesses, net of cash and restricted cash acquired		(5)		(107)		0
Net change in short-term investments		(334)		883		3,439
Net change in derivative assets and liabilities		(884)		(754)		(507)
Other, net		262		(287)		(84)
Net cash used in investing activities		(5,476)		(7,253)		(1,967)
Proceeds from (payments for):
Policyholder contract deposits		33,015		26,582		25,443
Policyholder contract withdrawals		(27,957)		(20,722)		(22,481)
Issuance of short-term debt		0		1,512		345
Repayments of short-term debt		(1,250)		(8,312)		(248)
Dividends paid on common stock		(1,722)		(876)		0
Distributions to Class B shareholder		0		0		(34)
Distributions to AIG		0		0		(1,543)
Distributions to noncontrolling interests		(91)		(477)		(1,611)
Contributions from noncontrolling interests		96		146		296
Net change in securities lending and repurchase agreements		(544)		(647)		9
Repurchase of common stock		(498)		0		0
Other, net		139		299		81
Net cash provided by (used in) financing activities		2,114		4,674		(753)
Effect of exchange rate changes on cash and restricted cash		3		(10)		(2)
Net increase (decrease) in cash and restricted cash		(2)		32		(317)
Cash and restricted cash at beginning of year		633		601		918
Cash and restricted cash at end of year		628		633		601
Change in cash of businesses held for sale		(3)		0		0
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash		612	[1]	552	[1]	537
Restricted cash included in short-term investments*	[2]	3		69		57
Restricted cash included in other assets*	[2]	13		12		7
Total cash and restricted cash shown in the Consolidated Statements of Cash Flows		628		633		601
Cash (received) paid during the period for:
Interest		583		472		364
Taxes		20		1,101		1,913
Non-cash investing activities:
Fixed maturity securities, designated available-for-sale, received in connection with pension risk transfer transactions		(4,317)		(1,121)		(2,284)
Fixed maturity securities, designated available-for-sale, received in connection with reinsurance transactions		0		(108)		(161)
Fixed maturity securities, designated available-for-sale, transferred in connection with reinsurance transactions		439		204		647
Fixed maturity securities, designated fair value option, transferred in connection with reinsurance transactions		(93)		0		0
Corebridge distribution of AIG common stock to AIG		0		0		38
Fixed maturity securities, designated as fair value option, transferred to repay debt of consolidated investment entities		0		0		1,257
Fixed maturity securities, designated available-for-sale, transferred to repay debt of consolidated investment entities		0		458		605
Investment assets transferred in conjunction with fund establishment		0		19		85
Real estate investments transferred in conjunction with fund establishment		0		305		0
Investment assets received in conjunction with fund establishment		0		(49)		(85)
Equity securities distributed in lieu of cash to non-consolidated Corebridge affiliate		0		94		0
Other invested assets securities distributed in lieu of cash to non-consolidated Corebridge affiliate		0		694		0
Other invested assets securities, transferred in connection with reinsurance transactions		111		0		0
Minority ownership acquired in Fortitude Re Bermuda		0		0		(100)
Divestiture of certain Cap Corp legal entities		0		0		56
Consideration received from divested businesses		0		0		3,740
Fixed maturity securities, designated available-for-sale, transferred to non-consolidated Corebridge affiliate		0		0		423
Fixed maturity securities, designated available-for-sale, transferred from a non-consolidated Corebridge affiliate		0		0		(423)
Non-cash financing activities:
Interest credited to policyholder contract deposits included in financing activities		4,501		3,676		3,642
Fee income debited to policyholder contract deposits included in financing activities		(2,122)		(1,694)		(1,690)
Non-cash capital contributions		16		0		728
Repayments of debt of consolidated investment entities utilizing fixed maturity securities		0		(474)		(1,862)
Issuance of short-term debt by AIG		0		0		8,300
Short-term debt forgiven by AIG		0		0		(96)
Distribution in lieu of cash, in equity securities, to non-consolidated Corebridge affiliate		0		(94)		0
Distribution in lieu of cash, in Other invested assets securities, to non-consolidated Corebridge affiliate		0		(694)		0
Extinguishment of debt in exchange for partnership interest		0		(172)		0
Redemption of noncontrolling interests in exchange for partnership interest		0		(104)		0
Fortitude Re funds withheld assets
Non-cash revenues, expenses, gains and losses included in income (loss):
Net (gain) loss on divestitures		0		0		(26)
Consolidated Entity, Excluding VIE
Proceeds from (payments for):
Issuance of long term debt		1,240		7,451		0
Repayments of long-term debt		0		0		(568)
Consolidated VIE
Proceeds from (payments for):
Issuance of long term debt		221		946		4,683
Repayments of long-term debt		(535)		(1,228)		$ (5,125)
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash		$ 61		$ 71
[1] See Note 9 Primarily includes funds held for tax sharing payments to Corebridge Parent, security deposits.

Overview and Basis of Presentat

Overview and Basis of Presentation	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview and Basis of Presentation	1. Overview and Basis of Presentation OVERVIEW 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 products, life insurance products to individuals and institutional markets products. 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. On September 19, 2022, we completed an initial public offering (the “IPO”) in which American International Group, Inc. (“AIG Parent”) sold 80.0 million shares of Corebridge Parent common stock to the public. Since our IPO, AIG has sold 159.8 million shares of Corebridge Parent common stock and we have repurchased 17.2 million shares of our common stock from AIG. As of December 31, 2023, AIG owns 52.2% 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. BASIS OF PRESENTATION 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 accompanying Consolidated Financial Statements reflect all normal recurring adjustments, necessary in the opinion of management for a fair presentation of our financial position, results of operations and cash flows for the periods presented. These Consolidated Financial Statements include the results of operations, financial condition and cash flows 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. We recorded affiliated transactions with certain AIG subsidiaries that are not subsidiaries of Corebridge which have not been eliminated in our Consolidated Financial Statements. Prior to the IPO, we underwent a reorganization (the “Reorganization”) to ensure that Corebridge held all of AIG’s life and retirement business and substantially all of its investment management operations. The Reorganization, completed on December 31, 2021, included the contribution of various subsidiaries of AIG into Corebridge. AIG Life Limited (“AIG Life”) was contributed to Corebridge on May 1, 2021. Effective May 1, 2021, Corebridge subscribed for an ordinary share in Laya Healthcare Ltd. (“Laya”), and Laya redeemed the only other share then in issue which was held by AIG, resulting in Corebridge being the sole shareholder of Laya. On December 31, 2021, certain direct and indirect subsidiaries of AIG Capital Corporation (“Cap Corp”) were transferred to a newly created holding company and subsidiary of Cap Corp, SAFG Capital LLC (“SAFG Capital”). On December 31, 2021, Cap Corp’s interest in SAFG Capital was distributed from Cap Corp to AIG and AIG subsequently contributed its interest to Corebridge. Cap Corp and certain of its subsidiaries remain consolidated subsidiaries of AIG. The contribution of SAFG Capital to Corebridge was treated as a common control transaction with Corebridge being the receiving entity, and the subsidiaries not contributed were treated as common control transactions with Corebridge being the transferring entity, both during the year ended December 31, 2021. In connection with the Reorganization, Corebridge and AIG entered into agreements under which we purchased AIG Technologies, Inc. (“AIGT”) and Eastgreen, Inc. (“Eastgreen”) from AIG on February 28, 2022 for total consideration of $107 million. AIGT provides data processing, technology and infrastructure services to Corebridge and AIG entities in the United States, including management of AIG hardware and networks. To the extent needed, AIGT will continue to provide services to AIG for a transition period. The year ended December 31, 2021 Consolidated Financial Statements reflected certain corporate expenses allocated to us by AIG for certain corporate functions and for shared services provided by AIG. These expenses have been allocated to us based on direct usage or benefit where specifically identifiable, with the remainder allocated based upon other reasonable allocation measures. We consider the expense methodology and results to be reasonable for all periods presented. SIGNIFICANT TRANSACTIONS AIG Life On September 25, 2023 Corebridge announced that it has entered into a definitive agreement to sell AIG Life, 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 October 31, 2023, Corebridge completed the sale of Laya to AXA and received gross proceeds (i.e., net cash before transaction costs) of €691 million ($731 million), resulting in a pre-tax gain of $652 million. Sale of Certain Assets of Our Retail Mutual Funds Business On February 8, 2021, we announced the execution of a definitive agreement with Touchstone Investments, Inc. (“Touchstone”), an indirect wholly-owned subsidiary of Western & Southern Financial Group, to sell certain assets of our retail mutual funds business. This sale consisted of the reorganization of twelve of the retail mutual funds managed by our subsidiary SunAmerica Asset Management, LLC (“SAAMCo”) into certain Touchstone funds. The transaction closed on July 16, 2021, at which time we received initial proceeds and recognized a gain on the sale of $103 million. Concurrently, the twelve retail mutual funds managed by SAAMCo, with $6.8 billion in assets, were reorganized into Touchstone funds. Additional consideration has been and may be earned over a three-year period based on asset levels in certain reorganized funds. Six retail mutual funds managed by SAAMCo and not included in the transaction were liquidated. We continue to retain our fund management platform and capabilities dedicated to our variable annuity insurance products. Strategic Partnership with Blackstone On November 2, 2021, Argon Holdco LLC (“Argon”), a wholly-owned subsidiary of Blackstone, Inc. (“Blackstone”), acquired a 9.9% position in our common stock and we entered into a long-term asset management relationship with Blackstone ISG-1 Advisors L.L.C (“Blackstone IM”). Blackstone IM initially managed $50 billion of our existing investment portfolio, with that amount to increase to an aggregate of $92.5 billion by the third quarter of 2027. As of December 31, 2023, Blackstone managed approximately $55.4 billion in book value of assets in our investment portfolio. Pursuant to the Stockholders’ Agreement that we entered into with AIG Parent and Argon at the time of acquisition of Argon’s equity stake in Corebridge, Argon may not sell its ownership interest in Corebridge, subject to certain exceptions. These exceptions, among others, permit Argon to sell 25%, 67% and 75% of its shares after the first, second and third anniversaries, respectively, of the closing of the Corebridge IPO (September 19, 2023, 2024 and 2025, respectively), with the transfer restrictions terminating in full on September 19, 2027. Additionally, until Argon no longer owns at least 50% of its initial investment in Corebridge, it will have the right to designate for nomination for election one member of the Corebridge board of directors. On December 15, 2021, Corebridge and Blackstone Real Estate Income Trust (“BREIT”), a long-term, perpetual capital vehicle affiliated with Blackstone, completed the acquisition by BREIT of Corebridge’s interests in a U.S. affordable housing portfolio for $4.9 billion, in an all cash transaction, subject to certain adjustments, resulting in a pre-tax gain of $3.0 billion. Dividend and Affiliated Note On November 1, 2021, Corebridge Parent declared a dividend payable to AIG in the amount of $8.3 billion. In connection with that dividend, Corebridge Parent issued a promissory note to AIG Parent in the amount of $8.3 billion. The promissory note to AIG Parent was paid in full during 2022. Sale of Fortitude Holdings by AIG Following the sale of AIG’s majority ownership interest in Fortitude Group Holdings, LLC (“Fortitude Holdings”) and a restructuring transaction involving Fortitude Holdings and FHG Parent, L.P. (“Fortitude Re Bermuda”), AIG retained a 3.5% ownership interest in Fortitude Holdings and one seat on its Board of Managers. On October 1, 2021, AIG, Inc. contributed its remaining 3.5% ownership interest in Fortitude Re Bermuda to Corebridge. On March 31, 2022, our ownership interest in Fortitude Re Bermuda was reduced to 2.46% due to a round of equity financing by third-party investors, in which we did not participate. 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, fixed annuity 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	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies The following identifies our significant accounting policies presented in other Notes to these Consolidated Financial Statements, with a reference to the Note where a detailed description can be found: Note 6. Investments • Fixed maturity and equity securities • Other invested assets • Short-term investments • Net investment income • Net realized gains (losses) • Allowance for credit losses/Other-than-temporary impairments Note 7. Lending Activities • Mortgage and other loans receivable – net of allowance Note 8. Reinsurance • Reinsurance assets – net of allowance Note 9. Variable Interest Entities Note 10. Derivatives and Hedge Accounting • Derivative assets and liabilities, at fair value Note 11. Goodwill and Other Intangible Assets Note 12. Deferred Policy Acquisition Costs • Deferred policy acquisition costs (“DAC”) • Value of business acquired (“VOBA”) • Deferred sales inducements (“DSI”) • Non-deferrable insurance commissions Note 13 . Separate Account Assets and Liabilities Note 14 . Future Policy Benefits Note 15 . Policyholder Contract Deposits and Other Policyholder Funds • Policyholder contract deposits • Other policyholder funds • Variable annuities • Fixed annuity and fixed index annuities Note 16 . Market Risk Benefits Note 17. Debt • Short-term and Long-term debt • Debt of consolidated investment entities Note 18. Contingencies, Commitments and Guarantees • Legal contingencies Note 20. Earnings Per Common Share Note 24. Income Taxes 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. 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 (“DPL“) is recorded in the 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 Consolidated Balance Sheets in Other policyholder funds. 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. 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 Consolidated Balance Sheets in Other policyholder funds. Advisory fee income includes fees from registered investment services. Other income includes 12b-1 fees (i.e. marketing and distribution fee income), other asset management fee income, and commission-based broker-dealer services. Advisory fee expense includes primarily sub-advisory fee expenses. Cash represents cash on hand and demand deposits. Short-term investments include highly liquid securities and other investments with remaining maturities of one year or less, but greater than three months, at the time of purchase. Securities included within short-term investments are stated at estimated fair value, while other investments included within short-term investments are stated at amortized cost, which approximates estimated fair value. Premiums and other receivables – net of allowance include premium balances receivable, amounts due from agents and brokers and policyholders, and other receivables. Other assets consist of deferred sales inducement assets, prepaid expenses, deposits, other deferred charges, other fixed assets, capitalized software costs, goodwill, intangible assets other than goodwill, restricted cash and derivative assets. Capitalized software costs represent costs directly related to obtaining, developing or upgrading internal use software, are capitalized and amortized using the straight-line method over a period generally not exceeding ten years. Real estate includes the cost of buildings and furniture and fixtures which is depreciated principally using the straight-line basis over their estimated useful lives (maximum of 40 years for buildings, 10 years for furniture and fixtures and 5 years for office equipment). Expenditures for maintenance and repairs are charged to income as incurred and expenditures for improvements are capitalized and depreciated. We periodically assess the carrying amount of our real estate for purposes of determining any asset impairment. Separate accounts represent funds for which investment income and investment gains and losses accrue directly to the policyholders who bear the investment risk. Each account has specific investment objectives and the assets are carried at fair value. The assets of each account are legally segregated and are not subject to claims that arise from any of our other businesses. The liabilities for these accounts are equal to the account assets. Separate accounts may also include deposits for funds held under stable value wrap funding agreements, although the majority of stable value wrap sales are measured based on the notional amount included in assets under management and do not include the receipt of funds. For a more detailed discussion of separate accounts see Note 13 . Other liabilities consist of other funds on deposit, other payables, securities sold under agreements to repurchase, securities sold but not yet purchased and derivative liabilities. Securities sold but not yet purchased represent sales of securities not owned at the time of sale. The obligations arising from such transactions are recorded on a trade-date basis and carried at fair value. Fair values of securities sold but not yet purchased are based on current market prices. Foreign currency: Financial statement accounts expressed in foreign currencies are translated into U.S. dollars. Functional currency assets and liabilities are translated into U.S. dollars generally using rates of exchange prevailing at the balance sheet date of each respective subsidiary and the related translation adjustments are recorded as a separate component of Accumulated other comprehensive income, net of any related taxes, in Shareholders’ Equity. Income statement accounts expressed in functional currencies are translated using average exchange rates during the period. Functional currencies are generally the currencies of the local operating environment. Financial statement accounts expressed in currencies other than the functional currency of a consolidated entity are remeasured into that entity’s functional currency resulting in exchange gains or losses recorded in income, except for remeasurement gains or losses attributable to available-for-sale securities which are included in Accumulated other comprehensive income (“AOCI”). Non-redeemable noncontrolling interest is the portion of equity (net assets) and net income (loss) in a subsidiary not attributable, directly or indirectly, to Corebridge. Redeemable noncontrolling interest represents noncontrolling interest holders in certain consolidated investment entities where the noncontrolling interest holder has the ability to redeem its interest in the consolidated investment entity at its option. ADOPTION OF LONG DURATION TARGETED IMPROVEMENTS Targeted Improvements to the Accounting for Long-Duration Contracts In August 2018, the Financial Accounting Standards Board’s (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. We adopted 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”). We adopted the standard using the modified retrospective transition method relating to liabilities for traditional and limited payment contracts and deferred policy acquisition costs. We 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 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 modified coinsurance (“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 16. 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 LDTI, see Note 14. 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 Consolidated Statements of Income (Loss). For additional information, see Note 14. • 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 12. • 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 12 for additional information on the transition impacts associated with LDTI. (c) Refer to Note 16 for additional information on the transition impacts associated with LDTI. (d) Other assets include deferred sales inducement assets. Refer to Note 12 for additional information on the transition impacts associated with LDTI. (e) Refer to Note 15 for additional information on the transition impacts associated with LDTI. (f) Other policyholder funds include URR. Refer to Note 15 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 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 Consolidated Statements of Income (Loss) for the years ended December 31, 2022 and 2021: Year Ended December 31, 2022 Year Ended December 31, 2021 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 $ 5,093 $ (2) $ 5,091 $ 5,637 $ 16 $ 5,653 Policy fees 2,972 (58) 2,914 3,051 (46) 3,005 Total net realized gains (losses) 8,013 (1,922) 6,091 1,855 (103) 1,752 Total revenues 26,679 (1,982) 24,697 23,390 (133) 23,257 Benefits and expenses: Policyholder benefits 7,332 (612) 6,720 8,050 (663) 7,387 Change in the fair value of market risk benefits, net — (958) (958) — (447) (447) Interest credited to policyholder account balances 3,696 36 3,732 3,549 13 3,562 Amortization of deferred acquisition costs and value of business acquired 1,431 (411) 1,020 1,057 (106) 951 Non-deferrable insurance commissions 636 (68) 568 680 (57) 623 Total benefits and expenses 16,219 (2,013) 14,206 13,263 (1,260) 12,003 Income (loss) before income tax expense (benefit) 10,460 31 10,491 10,127 1,127 11,254 Income tax expense (benefit): 1,991 21 2,012 1,843 239 2,082 Net income (loss) 8,469 10 8,479 8,284 888 9,172 Net income (loss) attributable to Corebridge 8,149 10 8,159 7,355 888 8,243 Income (loss) per common share attributable to Corebridge common shareholders: Basic: Common stock $ 12.61 $ 0.02 $ 12.63 N/A N/A N/A Common stock Class A N/A N/A N/A $ 11.80 $ 1.38 $ 13.18 Common stock Class B N/A N/A N/A $ 7.77 $ 1.37 $ 9.14 Diluted: Common stock $ 12.59 $ 0.01 $ 12.60 N/A N/A N/A Common stock Class A N/A N/A N/A $ 11.80 $ 1.38 $ 13.18 Common stock Class B N/A N/A N/A $ 7.77 $ 1.37 $ 9.14 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2022 and 2021: Year Ended December 31, 2022 Year Ended December 31, 2021 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 $ 8,469 $ 10 $ 8,479 $ 8,284 $ 888 $ 9,172 Other comprehensive income (loss), net of tax Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken (54) (7) (61) 22 9 31 Change in unrealized appreciation (depreciation) of all other investments (26,128) (5,567) (31,695) (4,509) (1,129) (5,638) Change in fair value of market risk benefits attributable to changes in our own credit risk — 1,294 1,294 — 179 179 Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts — 5,298 5,298 — 1,356 1,356 Other comprehensive income (loss) (26,124) 1,018 (25,106) (4,506) 415 (4,091) Comprehensive income (loss) (17,655) 1,028 (16,627) 3,778 1,303 5,081 Comprehensive income (loss) attributable to Corebridge (17,965) 1,028 (16,937) 2,849 1,303 4,152 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Consolidated Statement of Cash Flows for the years ended December 31, 2022 and 2021: Year Ended December 31, 2022 Year Ended December 31, 2021 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) Cash flows from operating activities: Net income $ 8,469 $ 10 $ 8,479 $ 8,284 $ 888 $ 9,172 Adjustments to reconcile net income to net cash provided by operating activities: Noncash revenues, expenses, gains and losses included in income (loss): Unrealized gains in earnings - net (1,621) 2,485 864 (1,573) 1,017 (556) Change in the fair value of market risk benefits in earnings, net — (1,481) (1,481) — (1,427) (1,427) Depreciation and other amortization 1,021 (436) 585 562 (149) 413 Changes in operating assets and liabilities: Insurance liabilities 2,064 (1,068) 996 2,161 (625) 1,536 Premiums and other receivables and payables - net 68 (28) 40 226 (70) 156 Reinsurance assets and funds held under reinsurance treaties 409 677 1,086 155 152 307 Capitalization of deferred policy acquisition costs (991) (68) (1,059) (1,000) (58) (1,058) Current and deferred income taxes - net 890 22 912 (70) 239 169 Other, net 577 (187) 390 (686) (23) (709) Total adjustments (5,774) (84) (5,858) (5,823) (944) (6,767) Net cash provided by operating activities 2,695 (74) 2,621 2,461 (56) 2,405 Cash flows from financing activities: Policyholder contract deposits $ 26,508 $ 74 $ 26,582 $ 25,387 $ 56 $ 25,443 Net cash provided by financing activities $ 4,600 $ 74 $ 4,674 $ (809) $ 56 $ (753) 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 Income Taxes In December 2023, the FASB issued an accounting standard update to address improvements to income tax disclosures. The standard requires disaggregated information about a company’s effective tax rate reconciliation as well as information on income taxes paid. The standard is effective for public companies for annual periods beginning after December 15, 2024, with early adoption permitted. The standard will be applied on a prospective basis with the option to apply the standard retrospectively. We are assessing the impact of this standard. Segment Reporting In November 2023, the FASB issued an accounting standard update to address improvements to reportable segment disclosures. The standard primarily requires the following disclosure on an annual and interim basis: i) significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, and ii) other segment items and description of its composition. The standard also requires all current annual disclosures about a reportable segments profits or losses and assets to be disclosed in interim periods and the title and position of the CODM with an explanation of how the CODM uses the reported measure(s) of segment profits or losses in assessing segment performance. The guidance is effective for public companies for fiscal years beginning after December 15, 2023 and interim periods in fiscal years within fiscal years beginning after December 15, 2024, with early adoption permitted. The amendment is applied retrospectively to all prior periods presented. We are assessing the impact of this standard. 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	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Segment Information	3. Segment Information We report our results of operations consistent with the manner in which our chief operating decision maker reviews 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, variable annuities and retail mutual funds. On February 8, 2021, we announced the execution of a definitive agreement with Touchstone to sell certain assets of our retail mutual funds business. This Touchstone transaction closed on July 16, 2021 . For further information on this sale, see Note 1. • 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 distributed private medical insurance in Ireland. On October 31, 2023 Corebridge completed the sale of Laya 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 Re 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)”, 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 Year Ended December 31, 2023 Premiums $ 213 $ 20 $ 1,776 $ 5,607 $ 78 $ — $ 7,694 $ (3) $ 7,691 Policy fees 708 406 1,488 195 — — 2,797 — 2,797 Net investment income (a) 4,908 1,996 1,282 1,586 92 (25) 9,839 1,239 11,078 Net realized gains (losses) (a)(b) — — — — (2) — (2) (3,570) (3,572) Advisory fee and other income 426 309 93 2 54 — 884 — 884 Total adjusted revenues 6,255 2,731 4,639 7,390 222 (25) 21,212 (2,334) 18,878 Policyholder benefits 204 31 2,838 6,298 (3) — 9,368 (6) 9,362 Change in the fair value of market risk benefits, net — — — — — — — (6) (6) Interest credited to policyholder account balances 2,269 1,182 340 600 — — 4,391 36 4,427 Amortization of deferred policy acquisition costs 572 82 379 9 — — 1,042 — 1,042 Non-deferrable insurance commissions 355 124 88 19 2 — 588 — 588 Advisory fee expenses 141 118 2 — — — 261 — 261 General operating expenses 402 440 619 85 339 — 1,885 475 2,360 Interest expense — — — — 569 (17) 552 28 580 Net (gain) loss on divestitures — — — — — — — (676) (676) Total benefits and expenses 3,943 1,977 4,266 7,011 907 (17) 18,087 (149) 17,938 Noncontrolling interests — — — — 68 — 68 Adjusted pre-tax operating income (loss) $ 2,312 $ 754 $ 373 $ 379 $ (617) $ (8) $ 3,193 Adjustments to: Total revenue (2,334) Total expenses (149) Noncontrolling interests (68) Income before income tax expense (benefit) $ 940 $ 940 Year Ended December 31, 2022 Premiums $ 235 $ 19 $ 1,864 $ 2,913 $ 82 $ — $ 5,113 $ (22) $ 5,091 Policy fees 741 415 1,564 194 — — 2,914 — 2,914 Net investment income (a) 3,888 2,000 1,389 1,049 473 (41) 8,758 818 9,576 Net realized gains (losses) (a)(b) — — — — 170 — 170 5,921 6,091 Advisory fee and other income 451 305 121 2 121 — 1,000 25 1,025 Total adjusted revenues 5,315 2,739 4,938 4,158 846 (41) 17,955 6,742 24,697 Policyholder benefits 285 35 3,010 3,404 — — 6,734 (14) 6,720 Change in the fair value of market risk benefits, net — — — — — — — (958) (958) Interest credited to policyholder account balances 1,916 1,147 342 320 — — 3,725 7 3,732 Amortization of deferred policy acquisition costs 523 80 410 7 — — 1,020 — 1,020 Non-deferrable insurance commissions 351 123 72 20 2 — 568 — 568 Advisory fee expenses 141 124 1 — — — 266 — 266 General operating expenses 426 447 656 73 384 (2) 1,984 339 2,323 Interest expense — — — — 535 (51) 484 50 534 Net (gain) loss on divestitures — — — — — — — 1 1 Total benefits and expenses 3,642 1,956 4,491 3,824 921 (53) 14,781 (575) 14,206 Noncontrolling interests — — — — (320) — (320) Adjusted pre-tax operating income (loss) $ 1,673 $ 783 $ 447 $ 334 $ (395) $ 12 $ 2,854 Adjustments to: Total revenue 6,742 Total expenses (575) Noncontrolling interests 320 Income before income tax expense (benefit) $ 10,491 $ 10,491 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Year Ended December 31, 2021 Premiums $ 195 $ 22 $ 1,586 $ 3,774 $ 86 $ — $ 5,663 $ (10) $ 5,653 Policy fees 797 480 1,541 187 — — 3,005 — 3,005 Net investment income (a) 4,334 2,413 1,621 1,155 443 (49) 9,917 1,755 11,672 Net realized gains (losses) (a)(b) — — — — 701 — 701 1,051 1,752 Advisory fee and other income 592 337 110 2 134 — 1,175 — 1,175 Total adjusted revenues 5,918 3,252 4,858 5,118 1,364 (49) 20,461 2,796 23,257 Policyholder benefits 317 31 2,842 4,183 — — 7,373 14 7,387 Change in the fair value of market risk benefits, net — — — — — — — (447) (447) Interest credited to policyholder account balances 1,793 1,159 354 274 — — 3,580 (18) 3,562 Amortization of deferred policy acquisition costs 451 78 416 6 — — 951 — 951 Non-deferrable insurance commissions 396 122 80 22 3 — 623 — 623 Advisory fee expenses 189 133 — — — — 322 — 322 General operating expenses 437 445 682 77 375 — 2,016 88 2,104 Interest expense 46 35 25 9 286 (47) 354 35 389 Loss on extinguishment of debt — — — — — — — 219 219 Net (gain) loss on divestitures — — — — — — — (3,081) (3,081) Net (gain) loss on Fortitude Re transactions — — — — — — — (26) (26) Total benefits and expenses 3,629 2,003 4,399 4,571 664 (47) 15,219 (3,216) 12,003 Noncontrolling interests — — — — (861) — (861) Adjusted pre-tax operating income (loss) $ 2,289 $ 1,249 $ 459 $ 547 $ (161) $ (2) $ 4,381 Adjustments to: Total revenue 2,796 Total expenses (3,216) Noncontrolling interests 861 Income before income tax expense (benefit) $ 11,254 $ 11,254 Adjustments include Fortitude Re activity of $(590) million, $6,841 million and $2,012 million for the years ended December 31, 2023, 2022 and 2021, respectively. (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments. Corebridge does not report total assets by segment, as we do not use this metric to allocate resources or evaluate segment performance. The following table presents Corebridge’s consolidated total revenues by major geographic area: Total Revenues* (in millions) 2023 2022 2021 North America $ 18,299 $ 24,160 $ 22,733 International 579 537 524 Consolidated $ 18,878 $ 24,697 $ 23,257

Held-For-Sale Classification

Held-For-Sale Classification	12 Months Ended
	Dec. 31, 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 Consolidated Balance Sheets beginning in the period in which the business is classified as held-for-sale. At December 31, 2023, the following businesses were reported and classified as held-for-sale: AIG Life 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, 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 are reported in the Life segment. Other Other primarily consists of real estate. The following table summarizes the components of assets and liabilities held-for-sale on the Consolidated Balance Sheet at December 31, 2023 after elimination of intercompany balances: December 31, 2023 AIG Life Other Total (in millions) Assets: Bonds available-for-sale $ 167 $ — $ 167 Other invested assets — 67 67 Short-term investments, including restricted cash of $0 million 11 — 11 Cash 3 — 3 Accrued investment income 3 — 3 Premiums and other receivables, net of allowance for credit losses and disputes 116 — 116 Reinsurance assets - other, net of allowance for credit losses and disputes 899 — 899 Deferred income taxes 47 — 47 Deferred policy acquisition costs 814 — 814 Other assets, net of allowance for credit losses 83 27 110 Total assets held-for-sale $ 2,143 $ 94 $ 2,237 Liabilities: Future policy benefits for life and accident and health insurance contracts $ 838 $ — $ 838 Other liabilities 908 — 908 Total liabilities held-for-sale $ 1,746 $ — $ 1,746

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements FAIR VALUE MEASUREMENTS ON A RECURRING BASIS We carry certain of our financial instruments at fair value. We define the fair value of a financial instrument as the amount that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. We are responsible for the determination of the value of the investments carried at fair value and the supporting methodologies and assumptions. The degree of judgment used in measuring the fair value of financial instruments generally inversely correlates with the level of observable valuation inputs. We maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Financial instruments with quoted prices in active markets generally have more pricing observability and less judgment is used in measuring fair value. Conversely, financial instruments for which no quoted prices are available have less observability and are measured at fair value using valuation models or other pricing techniques that require more judgment. Pricing observability is affected by a number of factors, including the type of financial instrument, whether the financial instrument is new to the market and not yet established, the characteristics specific to the transaction, liquidity and general market conditions. Assets and liabilities recorded at fair value in the 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 Incorporation of credit risk in fair value measurements • Our own credit risk: Fair value measurements for certain liabilities incorporate our own credit risk by determining the explicit cost for each counterparty to protect against its net credit exposure to us at the balance sheet date by reference to observable AIG credit default swaps (“CDS”) or cash bond spreads. We calculate the effect of credit spread changes using discounted cash flow techniques that incorporate current market interest rates. A derivative counterparty’s net credit exposure to us is determined based on master netting agreements, when applicable, which take into consideration all derivative positions with us, as well as collateral we post with the counterparty at the balance sheet date. We also incorporate our own risk of non-performance in the valuation of market risk benefits associated with variable annuity, fixed annuity and fixed index annuity contracts and embedded derivatives associated with fixed index annuity and life contracts. The non-performance risk adjustment (“NPA”) reflects a market participant’s view of our claims-paying ability by incorporating an additional spread to the swap curve used to discount projected benefit cash flows in the valuation of market risk benefits and embedded derivatives. The non-performance risk adjustment is calculated by constructing forward rates based on a weighted average of observable corporate credit indices to approximate the claims-paying ability rating of our insurance operations companies. • Counterparty credit risk: Fair value measurements for freestanding derivatives incorporate counterparty credit by determining the explicit cost for us to protect against our net credit exposure to each counterparty at the balance sheet date by reference to observable counterparty CDS spreads, when available. When not available, other directly or indirectly observable credit spreads will be used to derive the best estimates of the counterparty spreads. Our net credit exposure to a counterparty is determined based on master netting agreements, which take into consideration all derivative positions with the counterparty, as well as collateral posted by the counterparty at the balance sheet date. Fair values for fixed maturity securities based on observable market prices for identical or similar instruments implicitly incorporate counterparty credit risk. Fair values for fixed maturity securities based on internal models incorporate counterparty credit risk by using discount rates that take into consideration cash issuance spreads for similar instruments or other observable information. For fair values measured based on internal models, the cost of credit protection is determined under a discounted present value approach considering the market levels for single name CDS spreads for each specific counterparty, the mid-market value of the net exposure (reflecting the amount of protection required) and the weighted average life of the net exposure. CDS spreads are provided to us by an independent third party. We utilize an interest rate based on the appropriate benchmark curve to derive our discount rates. While this approach does not explicitly consider all potential future behavior of the derivative transactions or potential future changes in valuation inputs, we believe this approach provides a reasonable estimate of the fair value of the assets and liabilities, including consideration of the impact of non-performance risk. Fixed maturity securities Whenever available, we obtain quoted prices in active markets for identical assets at the balance sheet date to measure fixed maturity securities at fair value. Market price data is generally obtained from dealer markets. We employ independent third-party valuation service providers to gather, analyze, and interpret market information to derive fair value estimates for individual investments, based upon market-accepted methodologies and assumptions. The methodologies used by these independent third-party valuation service providers are reviewed and understood by management, through periodic discussion with and information provided by the independent third-party valuation service providers. In addition, as discussed further below, control processes are applied to the fair values received from independent third-party valuation service providers to ensure the accuracy of these values. Valuation service providers typically obtain data about market transactions and other key valuation model inputs from multiple sources and, through the use of market-accepted valuation methodologies, which may utilize matrix pricing, financial models, accompanying model inputs and various assumptions, provide a single fair value measurement for individual securities. The inputs used by the valuation service providers include, but are not limited to, market prices from completed transactions for identical securities and transactions for comparable securities, benchmark yields, interest rate yield curves, credit spreads, prepayment rates, default rates, recovery assumptions, currency rates, quoted prices for similar securities and other market-observable information, as applicable. If fair value is determined using financial models, these models generally take into account, among other things, market observable information as of the measurement date as well as the specific attributes of the security being valued, including its term, interest rate, credit rating, industry sector, and when applicable, collateral quality and other security or issuer-specific information. When market transactions or other market observable data is limited, the extent to which judgment is applied in determining fair value is greatly increased. We have control processes designed to ensure that the fair values received from independent third-party valuation service providers are accurately recorded, that their data inputs and valuation techniques are appropriate and consistently applied and that the assumptions used appear reasonable and consistent with the objective of determining fair value. We assess the reasonableness of individual security values received from independent third-party valuation service providers through various analytical techniques and have procedures to escalate related questions internally and to the independent third-party valuation service providers for resolution. To assess the degree of pricing consensus among various valuation service providers for specific asset types, we conduct comparisons of prices received from available sources. We use these comparisons to establish a hierarchy for the fair values received from independent third-party valuation service providers to be used for particular security classes. We also validate prices for selected securities through reviews by members of management who have relevant expertise and who are independent of those charged with executing investing transactions. When our independent third-party valuation service providers are unable to obtain sufficient market observable information upon which to estimate the fair value for a particular security, fair value is determined either by requesting brokers who are knowledgeable about these securities to provide a price quote, which is generally non-binding, or by employing market accepted valuation models internally or via our third party asset managers. Broker prices may be based on an income approach, which converts expected future cash flows to a single present value amount, with specific consideration of inputs relevant to particular security types. For structured securities, such inputs may include ratings, collateral types, geographic concentrations, underlying loan vintages, loan delinquencies and defaults, loss severity assumptions, prepayments, and weighted average coupons and maturities. When the volume or level of market activity for a security is limited, certain inputs used to determine fair value may not be observable in the market. Broker prices may also be based on a market approach that considers recent transactions involving identical or similar securities. Fair values provided by brokers are subject to similar control processes to those noted above for fair values from independent third-party valuation service providers, including management reviews. For those corporate debt instruments (for example, private placements) that are not traded in active markets or that are subject to transfer restrictions, valuations reflect illiquidity and non-transferability, based on available market evidence. When observable price quotations are not available, fair value is determined based on discounted cash flow models using discount rates based on credit spreads, yields or price levels of comparable securities, adjusted for illiquidity and structure. Fair values determined internally or via our third party asset managers are also subject to management review to ensure that valuation models and related inputs are reasonable. The methodology above is relevant for all fixed maturity securities including residential mortgage backed securities (“RMBS”), commercial mortgage backed securities (“CMBS”), collateralized loan obligations (“CLOs”), other asset-backed securities (“ABS”) and fixed maturity securities issued by government sponsored entities and corporate entities. Equity securities traded in active markets Whenever available, we obtain quoted prices in active markets for identical assets at the balance sheet date to measure equity securities at fair value. Market price data is generally obtained from exchange or dealer markets. Mortgage and other loans receivable We estimate the fair value of mortgage and other loans receivable that are measured at fair value by using dealer quotations, discounted cash flow analyses and/or internal valuation models. The determination of fair value considers inputs such as interest rate, maturity, the borrower’s creditworthiness, collateral, subordination, guarantees, past-due status, yield curves, credit curves, prepayment rates, market pricing for comparable loans and other relevant factors. Other invested assets We initially estimate the fair value of investments in certain hedge funds, private equity funds and other investment partnerships by reference to the transaction price. Subsequently, we generally obtain the fair value of these investments from net asset value information provided by the general partner or manager of the investments, the financial statements of which are generally audited annually. We consider observable market data and perform certain control procedures to validate the appropriateness of using the net asset value as a fair value measurement. The fair values of other investments carried at fair value, such as direct private equity holdings, are initially determined based on transaction price and are subsequently estimated based on available evidence such as market transactions in similar instruments, other financing transactions of the issuer and other available financial information for the issuer, with adjustments made to reflect illiquidity as appropriate. Short-term investments For short-term investments that are measured at amortized cost, 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. Securities purchased under agreements to resell (reverse repurchase agreements) are generally treated as collateralized receivables. We report certain receivables arising from securities purchased under agreements to resell as Short-term investments in the Consolidated Balance Sheets. When these receivables are measured at fair value, we use market-observable interest rates to determine fair value. Separate account assets Separate account assets are composed primarily of registered and unregistered open-end mutual funds that generally trade daily and are measured at fair value in the manner discussed above for equity securities traded in active markets. Freestanding derivatives Derivative assets and liabilities can be exchange-traded or traded over-the-counter (“OTC”). We generally value exchange-traded derivatives such as futures and options using quoted prices in active markets for identical derivatives at the balance sheet date. We use these OTC derivatives as part of fair value hedges. OTC derivatives are valued using market transactions and other market evidence whenever possible, including market-based inputs to models, model calibration to market clearing transactions, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. When models are used, the selection of a particular model to value an OTC derivative depends on the contractual terms of, and specific risks inherent in the instrument, as well as the availability of pricing information in the market. We generally use similar models to value similar instruments. Valuation models require a variety of inputs, including contractual terms, market prices and rates, yield curves, credit curves, measures of volatility, prepayment rates and correlations of such inputs. For OTC derivatives that trade in liquid markets, such as generic forwards, swaps and options, model inputs can generally be corroborated by observable market data by correlation or other means, and model selection does not involve significant management judgment. For certain OTC derivatives that trade in less liquid markets, where we generally do not have corroborating market evidence to support significant model inputs and cannot verify the model to market transactions, the transaction price may provide the best estimate of fair value. Accordingly, when a pricing model is used to value such an instrument, the model is adjusted so the model value at inception equals the transaction price. We will update valuation inputs in these models only when corroborated by evidence such as similar market transactions, independent third-party valuation service providers and/or broker or dealer quotations, or other empirical market data. When appropriate, valuations are adjusted for various factors such as liquidity, bid/offer spreads and credit considerations. Such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. 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 the fair value 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, Secured Overnight Financing Rate (“SOFR”) 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. Policyholder contract deposits at fair value option We have elected fair value option on certain GICs recorded using discounted cash flow calculations based on interest rates currently being offered for similar contracts and our current market observable implicit credit spread rates with maturities consistent with those remaining for the contracts being valued. Obligations may be called at various times prior to maturity at the option of the counterparty. Interest rates on these borrowings are primarily fixed, vary by maturity and range up to 5.04%. Fortitude Re funds withheld payable The reinsurance transactions between AIG and Fortitude Re were structured as modco arrangements. 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. 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. The fair value of the underlying assets is generally based on market observable inputs using industry standard valuation techniques. The valuation also requires certain significant inputs, which are generally not observable and accordingly, the valuation is considered Level 3 in the fair value hierarchy. Debt of consolidated investment entities The fair value of debt of consolidated investment entities was determined using independent third-party valuation service providers that gather, analyze, and interpret market information to derive fair value estimates for individual securities, based upon market-accepted methodologies and assumptions. Previously, there were six consolidated investment entities which securitized portfolios of certain debt securities previously owned by Corebridge and its affiliates. These were valued using a discounted cash flow model. The discount rate considered current market spreads for U.S. Collateralized Loan Obligations, as well as our own considerations including duration, credit risk, and liquidity. ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the observability of the inputs used: December 31, 2023 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available-for-sale: U.S. government and government sponsored entities $ 20 $ 1,200 $ — $ — $ — $ 1,220 Obligations of states, municipalities and political subdivisions — 4,987 844 — — 5,831 Non-U.S. governments — 4,057 — — — 4,057 Corporate debt — 104,725 1,357 — — 106,082 RMBS (b) — 8,423 5,854 — — 14,277 CMBS — 9,373 608 — — 9,981 CLO — 9,301 1,843 — — 11,144 ABS — 1,029 12,906 — — 13,935 Total bonds available-for-sale 20 143,095 23,412 — — 166,527 Other bond securities: U.S. government and government sponsored entities — — — — — — Obligations of states, municipalities and political subdivisions — 39 1 — — 40 Non-U.S. governments — 13 — — — 13 Corporate debt — 2,486 167 — — 2,653 RMBS (c) — 63 107 — — 170 CMBS — 211 17 — — 228 CLO — 354 69 — — 423 ABS — 89 962 — — 1,051 Total other bond securities — 3,255 1,323 — — 4,578 Equity securities 21 — 42 — — 63 Other invested assets (d) — — 1,850 — — 1,850 Derivative assets: Interest rate contracts — 2,498 449 — — 2,947 Foreign exchange contracts — 940 — — — 940 Equity contracts 7 1,186 824 — — 2,017 Credit contracts — 8 — — — 8 Other contracts — 1 12 — — 13 Counterparty netting and cash collateral — — — (3,646) (1,886) (5,532) Total derivative assets 7 4,633 1,285 (3,646) (1,886) 393 Short-term investments 21 1,387 — — — 1,408 Market risk benefit assets — — 912 — — 912 Separate account assets 87,813 3,192 — — — 91,005 Total (g) $ 87,882 $ 155,562 $ 28,824 $ (3,646) $ (1,886) $ 266,736 Liabilities: Policyholder contract deposits (e) $ — $ 108 $ 7,942 $ — $ — $ 8,050 Derivative liabilities: Interest rate contracts — 3,278 — — — 3,278 Foreign exchange contracts — 563 — — — 563 Equity contracts 2 680 63 — — 745 Credit contracts — — — — — — Other contracts — — 2 — — 2 Counterparty netting and cash collateral — — — (3,646) (801) (4,447) Total derivative liabilities 2 4,521 65 (3,646) (801) 141 Fortitude Re funds withheld payable (f) — — 2,182 — — 2,182 Market risk benefit liabilities — — 5,705 — — 5,705 Debt of consolidated investment entities — — — — — — Total $ 2 $ 4,629 $ 15,894 $ (3,646) $ (801) $ 16,078 December 31, 2022 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available-for-sale: U.S. government and government sponsored entities $ — $ 1,198 $ — $ — $ — $ 1,198 Obligations of states, municipalities and political subdivisions — 5,121 805 — — 5,926 Non-U.S. governments — 4,392 — — — 4,392 Corporate debt — 102,724 1,968 — — 104,692 RMBS (b) — 6,274 5,670 — — 11,944 CMBS — 9,350 718 — — 10,068 CLO — 6,516 1,670 — — 8,186 ABS — 792 9,595 — — 10,387 Total bonds available-for-sale — 136,367 20,426 — — 156,793 Other bond securities: Obligations of states, municipalities and political subdivisions — 37 — — — 37 Non-U.S. governments — 22 — — — 22 Corporate debt — 1,805 417 — — 2,222 RMBS (c) — 58 107 — — 165 CMBS — 204 28 — — 232 CLO — 268 11 — — 279 ABS — 71 741 — — 812 Total other bond securities — 2,465 1,304 — — 3,769 Equity securities 141 3 26 — — 170 Other invested assets (d) — — 1,832 — — 1,832 Derivative assets: Interest rate contracts 1 1,269 303 — — 1,573 Foreign exchange contracts — 1,247 — — — 1,247 Equity contracts 11 124 282 — — 417 Credit contracts — — — — — — Other contracts — 1 14 — — 15 Counterparty netting and cash collateral — — — (2,547) (406) (2,953) Total derivative assets 12 2,641 599 (2,547) (406) 299 Short-term investments 1 1,356 — — — 1,357 Market risk benefit assets — — 796 — — 796 Separate account assets 81,655 3,198 — — — 84,853 Total $ 81,809 $ 146,030 $ 24,983 $ (2,547) $ (406) $ 249,869 Liabilities: Policyholder contract deposits (e) $ — $ 97 $ 5,367 $ — $ — $ 5,464 Derivative liabilities: Interest rate contracts — 2,676 — — — 2,676 Foreign exchange contracts — 632 — — — 632 Equity contracts 2 10 15 — — 27 Credit contracts — — — — — — Other contracts — — — — — — Counterparty netting and cash collateral — — — (2,547) (691) (3,238) Total derivative liabilities 2 3,318 15 (2,547) (691) 97 Fortitude Re funds withheld payable (f) — — 1,262 — — 1,262 Market risk benefit liabilities — — 4,736 — — 4,736 Debt of consolidated investment entities — — 6 — — 6 Total $ 2 $ 3,415 $ 11,386 $ (2,547) $ (691) $ 11,565 (a) Represents netting of derivative exposures covered by qualifying master netting agreements. (b) Includes investments in residential-backed mortgage securities (“RMBS”) issued by related parties of $36 million and $7 million classified as Level 2 and Level 3, respectively, as of December 31, 2023. Additionally, includes investments in RMBS issued by related parties of $37 million and $2 million classified as Level 2 and Level 3, respectively, as of December 31, 2022. (c) Includes less than $1 million of investments in RMBS issued by related parties classified as Level 2 as of December 31, 2023 and December 31, 2022. (d) Excludes investments that are measured at fair value using the net asset value (“NAV”) per share (or its equivalent), which totaled $5.8 billion and $6.0 billion as of December 31, 2023 and December 31, 2022, respectively. (e) Excludes basis adjustments for fair value hedges. (f) 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 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, which are primarily available-for-sale securities. (g) Excludes $167 million of assets that were reclassified to Assets held-for-sale in the Consolidated Balance Sheets. See Note 4 f or additional information. CHANGES IN LEVEL 3 RECURRING FAIR VALUE MEASUREMENTS The following tables present changes during the years ended December 31, 2023 and 2022 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Consolidated Balance Sheets at December 31, 2023 and 2022: (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Year Ended December 31, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 805 $ (2) $ 66 $ (15) $ — $ (10) $ — $ 844 $ — $ 35 Corporate debt 1,968 (96) 13 (58) 583 (1,037) (16) 1,357 — (19) RMBS 5,670 316 22 (103) 33 (84) — 5,854 — (45) CMBS 718 9 (53) (53) 179 (192) — 608 — (83) CLO 1,670 (18) 53 (29) 76 (172) 263 1,843 — (19) ABS 9,595 263 323 2,144 590 (9) — 12,906 — 260 Total bonds available-for-sale 20,426 472 424 1,886 1,461 (1,504) 247 23,412 — 129 Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 (15) — (43) — (192) — 167 (16) — RMBS 107 6 — (6) — — — 107 2 — CMBS 28 (5) — (6) — — — 17 — — CLO

Investments

Investments	12 Months Ended
	Dec. 31, 2023
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Investments	6. Investments FIXED MATURITY SECURITIES Bonds held to maturity are carried at amortized cost when we have the ability and positive intent to hold these securities until maturity. When we do not have the ability or positive intent to hold bonds until maturity, these securities are classified as available-for-sale or the fair value option has been elected. None of our fixed maturity securities met the criteria for held to maturity classification at December 31, 2023 or 2022. Unrealized gains and losses from available-for-sale investments in fixed maturity securities carried at fair value are reported as a separate component of AOCI, net of policy related amounts and deferred income taxes, in Shareholders’ equity. Realized and unrealized gains and losses from fixed maturity securities for which the fair value option has been elected are reflected in Net investment income. Investments in fixed maturity securities are generally recorded on a trade-date basis. Interest income is recognized using the effective yield method and reflects amortization of premium and accretion of discount. Premiums and discounts arising from the purchase of bonds classified as available-for-sale are treated as yield adjustments over their estimated holding periods, until maturity, or call date, if applicable. For investments in certain structured securities, recognized yields are updated based on current information regarding the timing and amount of expected undiscounted future cash flows. For high credit quality structured securities, effective yields are recalculated based on actual payments received and updated prepayment expectations, and the amortized cost is adjusted to the amount that would have existed had the new effective yield been applied since acquisition with a corresponding charge or credit to net investment income. For structured securities that are not high credit quality, the structured securities yields are based on expected cash flows which take into account both expected credit losses and prepayments. An allowance for credit losses is not established upon initial recognition of the asset (unless the security is determined to be a purchased credit deteriorated asset which is discussed in more detail below). Subsequently, differences between actual and expected cash flows and changes in expected cash flows are recognized as adjustments to the allowance for credit losses. Changes that cannot be reflected as adjustments to the allowance for credit losses are accounted for as prospective adjustments to yield. 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) December 31, 2023 Bonds available-for-sale: U.S. government and government sponsored entities $ 1,436 $ — $ 17 $ (233) $ 1,220 Obligations of states, municipalities and political subdivisions 6,466 — 58 (693) 5,831 Non-U.S. governments 4,695 (2) 43 (679) 4,057 Corporate debt 120,654 (71) 1,294 (15,795) 106,082 Mortgage-backed, asset-backed and collateralized: RMBS 14,491 (25) 599 (788) 14,277 CMBS 11,045 (30) 22 (1,056) 9,981 CLO 11,203 — 90 (149) 11,144 ABS 14,956 — 63 (1,084) 13,935 Total mortgage-backed, asset-backed and collateralized 51,695 (55) 774 (3,077) 49,337 Total bonds available-for-sale $ 184,946 $ (128) $ 2,186 $ (20,477) $ 166,527 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 $43 million and $39 million, and an amortized cost of $45 million and $43 million as of December 31, 2023 and December 31, 2022, respectively. (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 December 31, 2023 Bonds available-for-sale: U.S. government and government sponsored entities $ 22 $ 3 $ 746 $ 230 $ 768 $ 233 Obligations of states, municipalities and political subdivisions 1,124 110 3,676 583 4,800 693 Non-U.S. governments 470 82 2,981 592 3,451 674 Corporate debt 11,338 1,760 75,045 14,009 86,383 15,769 RMBS 2,676 174 4,855 577 7,531 751 CMBS 1,840 159 6,570 886 8,410 1,045 CLO 2,992 60 3,823 89 6,815 149 ABS 2,599 110 8,138 974 10,737 1,084 Total bonds available-for-sale $ 23,061 $ 2,458 $ 105,834 $ 17,940 $ 128,895 $ 20,398 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 December 31, 2023, we held 15,034 individual fixed maturity securities that were in an unrealized loss position and for which no allowance for credit losses has been recorded (including 12,787 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 and for which no allowance for credit losses has been recorded (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 December 31, 2023 because it was determined that such losses were due to non-credit factors. Additionally, we neither intend to sell the securities nor do we believe that it is more likely than not that we will be required to sell these securities before recovery of their amortized cost basis. For fixed maturity securities with significant declines, we performed fundamental credit analyses on a security-by-security basis, which included consideration of credit enhancements, liquidity position, expected defaults, industry and sector analysis, forecasts and available market data. Contractual Maturities of Fixed Maturity Securities Available-for-Sale The following table presents the amortized cost and fair value of fixed maturity securities available-for-sale by contractual maturity: Total Fixed Maturity Securities Available-for-sale (in millions) Amortized Cost, Fair Value December 31, 2023 Due in one year or less $ 2,618 $ 2,585 Due after one year through five years 22,387 21,863 Due after five years through ten years 24,395 22,630 Due after ten years 83,778 70,112 Mortgage-backed, asset-backed and collateralized 51,640 49,337 Total $ 184,818 $ 166,527 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: Years Ended December 31, 2023 2022 2021 (in millions) Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 100 $ (451) $ 120 $ (677) $ 894 $ (144) For the years ended December 31, 2023, 2022, and 2021, the aggregate fair value of available-for-sale securities sold was $7.6 billion, $10.0 billion, and $11.4 billion respectively, which resulted in Net realized gains (losses) of $(351) million, $(557) million, and $750 million respectively. Included within the Net realized gains (losses) are $(73) million, $(232) million, and $647 million of realized gains (losses) for the years ended December 31, 2023, 2022, and 2021 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: December 31, 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 40 1 % 37 1 % Non-U.S. governments 13 — % 22 1 % Corporate debt 2,653 57 % 2,222 56 % Mortgage-backed, asset-backed and collateralized: RMBS 170 4 % 165 4 % CMBS 228 5 % 232 6 % CLO 423 9 % 279 7 % ABS 1,051 23 % 812 21 % Total mortgage-backed, asset-backed and collateralized 1,872 41 % 1,488 38 % Total fixed maturity securities 4,578 99 % 3,769 96 % Equity securities 63 1 % 170 4 % Total $ 4,641 100 % $ 3,939 100 % OTHER INVESTED ASSETS The following table summarizes the carrying amounts of other invested assets: (in millions) December 31, 2023 December 31, 2022 Alternative investments (a)(b) $ 7,690 $ 8,014 Investment real estate (c) 1,932 1,831 All other investments (d) 635 573 Total (e) $ 10,257 $ 10,418 (a) At December 31, 2023, included hedge funds of $299 million and private equity funds of $7.4 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 $680 million and $616 million as of December 31, 2023 and December 31, 2022, respectively. (d) Includes Corebridge’s ownership interest in Fortitude Re Bermuda, which is recorded using the measurement alternative for equity securities. Our investment in Fortitude Re Bermuda totaled $156 million and $156 million at December 31, 2023 and December 31, 2022, respectively. (e) Includes investments in related parties, which totaled $0.6 million and $6 million as of December 31, 2023 and December 31, 2022, respectively. Other Invested Assets Carried at Fair Value Certain hedge funds, private equity funds, and other investment partnerships for which we have elected the fair value option are reported at fair value with changes in fair value recognized in Net investment income. Other Invested Assets – Equity Method Investments We account for hedge funds, private equity funds, certain affordable housing partnerships and other investment partnerships using the equity method of accounting unless our interest is so minor that we may have virtually no influence over partnership operating and financial policies, or we have elected the fair value option. Under the equity method of accounting, our carrying amount generally is our share of the net asset value of the funds or the partnerships, and changes in our share of the net asset values are recorded in Net investment income. In applying the equity method of accounting, we consistently use the most recently available financial information provided by the general partner or manager of each of these investments. Hedge funds are reported as of the balance sheet date. Private equity funds are generally reported on a one-quarter lag. The financial statements of these investees are generally audited annually. The carrying amount of equity method investments totaled $2.9 billion and $3.2 billion as of December 31, 2023 and December 31, 2022, respectively, representing various ownership percentages each period. Summarized Financial Information of Equity Method Investees The following is the aggregated summarized financial information of our equity method investees, including those for which the fair value option has been elected: Years Ended December 31, (in millions) 2023 2022 2021 Operating results: Total revenues $ 2,319 $ 6,316 $ 9,425 Total expenses (521) (579) (674) Net income $ 1,798 $ 5,737 $ 8,751 December 31, (in millions) 2023 2022 Balance sheet: Total assets $ 33,168 $ 39,181 Total liabilities $ (1,672) $ (3,551) Other Investments Also included in Other invested assets are real estate held for investment. These investments are reported at cost, less depreciation and are subject to impairment review, as discussed below. NET INVESTMENT INCOME Net investment income represents income primarily from the following sources: • Interest income and related expenses, including amortization of premiums and accretion of discounts with changes in the timing and the amount of expected principal and interest cash flows reflected in yield, as applicable. • Dividend income from common and preferred stocks. • Realized and unrealized gains and losses from investments in other securities and investments for which we elected the fair value option. • Earnings from alternative investments. • Prepayment premiums. The following table presents the components of Net investment income: Years Ended December 31, 2023 2022 2021 (in millions) Excluding Fortitude Total Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 7,894 $ 822 $ 8,716 $ 6,725 $ 954 $ 7,679 $ 6,837 $ 1,296 $ 8,133 Other bond securities 49 291 340 (30) (378) (408) 17 9 26 Equity securities 40 — 40 (82) — (82) (290) — (290) Interest on mortgage and other loans 2,160 199 2,359 1,703 176 1,879 1,479 184 1,663 Alternative investments* 18 86 104 675 170 845 1,851 318 2,169 Real estate 38 — 38 43 — 43 204 — 204 Other investments 61 (1) 60 100 — 100 115 — 115 Total investment income 10,260 1,397 11,657 9,134 922 10,056 10,213 1,807 12,020 Investment expenses 550 29 579 449 31 480 316 32 348 Net investment income $ 9,710 $ 1,368 $ 11,078 $ 8,685 $ 891 $ 9,576 $ 9,897 $ 1,775 $ 11,672 * 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 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, 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): Years Ended December 31, 2023 2022 2021 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (278) $ (73) $ (351) $ (325) $ (232) $ (557) $ 103 $ 647 $ 750 Change in allowance for credit losses on fixed maturity securities (162) (9) (171) (115) (31) (146) 8 3 11 Change in allowance for credit losses on loans (138) (66) (204) (76) (44) (120) 133 8 141 Foreign exchange transactions, net of related hedges (195) (10) (205) 695 61 756 310 20 330 Index-Linked interest credited embedded embedded derivatives, net of related hedges (776) — (776) (117) — (117) (3) — (3) All other derivatives and hedge accounting* (53) (66) (119) (43) (181) (224) (6) 9 3 Sales of alternative investments and real estate investments 50 (2) 48 179 43 222 794 237 1,031 Other (62) 2 (60) (57) (13) (70) 176 — 176 Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (1,614) (224) (1,838) 141 (397) (256) 1,515 924 2,439 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (1,734) (1,734) — 6,347 6,347 — (687) (687) Net realized gains (losses) $ (1,614) $ (1,958) $ (3,572) $ 141 $ 5,950 $ 6,091 $ 1,515 $ 237 $ 1,752 * Derivative activity related to hedging MRBs is recorded in Change in the fair value of MRBs, net. For additional disclosures about MRBs, see Note 16. CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available-for-sale securities: Years Ended December 31, (in millions) 2023 2022 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ 6,042 $ (40,386) Other investments 13 (15) Total increase (decrease) in unrealized appreciation (depreciation) of investments $ 6,055 $ (40,401) 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: Years Ended December 31, 2023 2022 (in millions) Equities Other Invested Assets Total Equities Other Invested Assets Total Net gains (losses) recognized during the period on equity securities and other investments $ 41 $ 240 $ 281 $ (82) $ 353 $ 271 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 57 1 58 (46) (11) (57) Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (16) $ 239 $ 223 $ (36) $ 364 $ 328 EVALUATING INVESTMENTS FOR AN ALLOWANCE FOR CREDIT LOSSES AND IMPAIRMENTS Fixed Maturity Securities If we intend to sell a fixed maturity security or it is more likely than not that we will be required to sell a fixed maturity security before recovery of its amortized cost basis and if the fair value of the security is below amortized cost, an impairment has occurred and the amortized cost is written down to current fair value, with a corresponding charge to Net realized gains (losses). No allowance is established in these situations and any previously recorded allowance is reversed. The new cost basis is not adjusted for subsequent increases in estimated fair value. When assessing our intent to sell a fixed maturity security, or whether it is more likely than not that we will be required to sell a fixed maturity security before recovery of its amortized cost basis, management evaluates relevant facts and circumstances including, but not limited to, decisions to reposition our investment portfolio, sales of securities to meet cash flow needs and sales of securities to take advantage of favorable pricing. For fixed maturity securities for which a decline in the fair value below the amortized cost is due to credit related factors, an allowance is established for the difference between the estimated recoverable value and amortized cost with a corresponding charge to Net realized gains (losses). The allowance for credit losses is limited to the difference between amortized cost and fair value. The estimated recoverable value is the present value of cash flows expected to be collected, as determined by management. The difference between fair value and amortized cost that is not associated with credit related factors is presented in unrealized appreciation (depreciation) of fixed maturity securities on which an allowance for credit losses was previously recognized (a separate component of AOCI). Accrued interest is excluded from the measurement of the allowance for credit losses. When estimating future cash flows for structured fixed maturity securities (e.g., RMBS, CMBS, CLO, ABS) 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, which vary by asset class: • Current delinquency rates; • Expected default rates and the timing of such defaults; • Loss severity and the timing of any recovery; and • Expected prepayment speeds. When estimating future cash flows for corporate, municipal and sovereign fixed maturity securities determined to be credit impaired, management considers: • Expected default rates and the timing of such defaults; • Loss severity and the timing of any recovery; and • Scenarios specific to the issuer and the security, which may also include estimates of outcomes of corporate restructurings, political and macroeconomic factors, stability and financial strength of the issuer, the value of any secondary sources of repayment and the disposition of assets. We consider severe price declines in our assessment of potential credit impairments. We may also modify our model inputs when we determine that price movements in certain sectors are indicative of factors not captured by the cash flow models. Under the current expected credit loss (“CECL”) model, credit losses are reassessed each period. The allowance for credit losses and the corresponding charge to Net realized gains (losses) can be reversed if conditions change, however, the allowance for credit losses will never be reduced below zero. When we determine that all or a portion of a fixed maturity security is uncollectable, the uncollectable amortized cost amount is written off with a corresponding reduction to the allowance for credit losses. If we collect cash flows that were previously written off, the recovery is recognized by recording a gain in Net realized gains (losses). Credit Impairments The following table presents a rollforward of the changes in allowance for credit losses on available-for-sale fixed maturity securities by major investment category: Years Ended December 31, 2023 2022 2021 (in millions) Structured Non-Structured Total Structured Non-Structured Total Structured Non-Structured Total Balance, beginning of year $ 27 $ 121 $ 148 $ 8 $ 70 $ 78 $ 14 $ 117 $ 131 Additions: Securities for which allowance for credit losses were not previously recorded 59 84 143 36 139 175 3 46 49 Purchases of available-for-sale debt securities accounted for as purchased credit deteriorated assets — — — — — — — — — Accretion of available-for-sale debt securities accounted for as purchased credit deteriorated assets — — — — — — — — — Reductions: Securities sold during the period (2) (30) (32) (3) (48) (51) (4) (19) (23) 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 (10) 38 28 (14) (15) (29) (5) (55) (60) Write-offs charged against the allowance (19) (140) (159) — (25) (25) — (19) (19) Balance, end of year $ 55 $ 73 $ 128 $ 27 $ 121 $ 148 $ 8 $ 70 $ 78 Purchased Credit Deteriorated Securities We purchase certain RMBS securities that have experienced more-than-insignificant deterioration in credit quality since origination. These are referred to as purchased credit deteriorated assets. At the time of purchase an allowance is recognized for these purchased credit deteriorated 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 purchased credit deteriorated 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 purchased credit deteriorated 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 years ended December 31, 2023, 2022 and 2021. Other Invested Assets Our equity method investments in private equity funds, hedge funds and other entities are evaluated for impairment each reporting period. Such evaluation considers market conditions, events and volatility that may impact the recoverability of the underlying investments within these private equity funds and hedge funds and is based on the nature of the underlying investments and specific inherent risks. Such risks may evolve based on the nature of the underlying investments. Our investments in real estate are periodically evaluated for recoverability whenever changes in circumstances indicate the carrying amount of an asset may be impaired. When impairment indicators are present, we compare expected investment cash flows to carrying amount. When the expected cash flows are less than the carrying amount, the investments are written down to fair value with a corresponding charge to earnings. 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) December 31, 2023 December 31, 2022 Fixed maturity securities available-for-sale $ 2,655 $ 2,968 At December 31, 2023 and December 31, 2022, amounts borrowed under repurchase agreements totaled $2.5 billion and $3.1 billion, respectively. The following table presents the fair value of securities pledged under our repurchase agreements by collateral type and by remaining contractual maturity: Remaining Contractual Maturity of the Repurchase Agreements (in millions) Overnight and Continuous Up to 30 Days 31 - 90 Days 91 - 364 Days 365 Days or Greater Total December 31, 2023 Bonds available-for-sale: Non-U.S. governments $ — $ 209 $ — $ — $ — $ 209 Corporate debt 38 2,408 — — — 2,446 Total $ 38 $ 2,617 $ — $ — $ — $ 2,655 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 December 31, 2023 and December 31, 2022. There were no reverse repurchase agreements at December 31, 2023 and December 31, 2022. We do not currently offset any secured financing transactions. All such transactions are collateralized and margined daily consistent with market standards and subject to enforceable master netting arrangements with rights of set off. Insurance – Statutory and Other Deposits The total carrying value of cash and securities deposited by our insurance subsidiaries under requirements of regulatory authorities or other insurance-related arrangements, including certain annuity-related obligations and certain reinsurance treaties, was $8.1 billion and $3.5 billion at December 31, 2023 and December 31, 2022, respectively. Other Pledges and Restrictions Certain of our subsidiaries are members of 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 December 31, 2023 and December 31, 2022, respectively. In addition, our subsidiaries have pledged securities available-for-sale and residential loans associated with borrowings and funding agreements from FHLBs, with a fair value of $4.8 billion and $3.0 billion, respectively, at December 31, 2023 and $4.8 billion and $1.8 billion, respectively, at December 31, 2022. Certain GICs recorded in policyholder contract deposits with a carrying value of $53 million and $56 million at December 31, 2023 and December 31, 2022, respectively, have provisions that require collateral to be posted or payments to be made by us upon a downgrade of our Insurer Financial Strength (“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 $63 million and $63 million at December 31, 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 $490 million and $144 million at December 31, 2023 and December 31, 2022, respectively. Additionally, assets supporting these transactions are held solely for the benefit of the cedants and insulated from obligations owed to our other policyholders and general creditors. Reinsu

Lending Activities

Lending Activities	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Lending Activities	7. Lending Activities Mortgage and other loans receivable include commercial mortgages, residential mortgages, policy loans on life and annuity contracts, commercial loans, and other loans and notes receivable. Commercial mortgages, residential mortgages, commercial loans, and other loans and notes receivable are carried at unpaid principal balances less allowance for credit losses and plus or minus adjustments for the accretion or amortization of discount or premium. Interest income on such loans is accrued as earned. Direct costs of originating commercial mortgages, commercial loans, and other loans and notes receivable, net of nonrefundable points and fees, are deferred and included in the carrying amount of the related receivables. The amount deferred is amortized to income as an adjustment to earnings using the interest method. Premiums and discounts on purchased residential mortgages are also amortized to income as an adjustment to earnings using the interest method. Policy loans on life and annuity contracts are carried at unpaid principal balances. There is no allowance for policy loans because these loans serve to reduce the death benefit paid when the death claim is made, and the balances are effectively collateralized by the cash surrender value of the policy or annuity. The following table presents the composition of Mortgage and other loans receivable, net: (in millions) December 31, 2023 December 31, 2022 Commercial mortgages (a) $ 34,172 $ 32,993 Residential mortgages 8,445 5,856 Life insurance policy loans 1,746 1,750 Commercial loans, other loans and notes receivable (b) 3,202 4,567 Total mortgage and other loans receivable 47,565 45,166 Allowance for credit losses (c) (698) (600) Mortgage and other loans receivable, net $ 46,867 $ 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 December 31, 2023, and 20% and 11%, respectively, at December 31, 2022). The weighted average loan-to-value ratio for NY and CA was 61% and 55% at December 31, 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 December 31, 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 December 31, 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 $58 million and $60 million at December 31, 2023 and December 31, 2022, respectively, in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities. Interest income is not accrued when payment of contractual principal and interest is not expected. Any cash received on impaired loans is generally recorded as a reduction of the current carrying amount of the loan. Accrual of interest income is generally resumed when delinquent contractual principal and interest are repaid or when a portion of the delinquent contractual payments are made, and the ongoing required contractual payments have been made for an appropriate period. As of December 31, 2023, $27 million and $419 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 Consolidated Balance Sheets. As of December 31, 2023, accrued interest receivable was $20 million and $162 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*: December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total >1.2X $ 2,156 $ 6,042 $ 1,955 $ 1,252 $ 4,813 $ 11,675 $ 27,893 1.00 - 1.20X 291 1,077 1,320 312 156 2,334 5,490 <1.00X — 40 — — — 749 789 Total commercial mortgages $ 2,447 $ 7,159 $ 3,275 $ 1,564 $ 4,969 $ 14,758 $ 34,172 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 December 31, 2023 and 1.9X at December 31, 2022. The debt service coverage ratios are updated when additional information becomes available. The following table presents loan-to-value ratios for commercial mortgages by year of vintage*: December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total Less than 65% $ 2,088 $ 4,470 $ 2,249 $ 1,126 $ 2,676 $ 10,186 $ 22,795 65% to 75% 280 1,748 658 287 1,916 2,853 7,742 76% to 80% — 343 89 — 377 340 1,149 Greater than 80% 79 598 279 151 — 1,379 2,486 Total commercial mortgages $ 2,447 $ 7,159 $ 3,275 $ 1,564 $ 4,969 $ 14,758 $ 34,172 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 December 31, 2023, and 59% at December 31, 2022. The loan-to-value ratios have been updated within the last three months to reflect the current carrying values of the loans. 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 December 31, 2023 Credit Quality Performance Indicator: In good standing 600 $ 13,861 $ 8,468 $ 3,787 $ 5,908 $ 1,805 $ 325 $ 34,154 100% 90 days or less delinquent 1 — 18 — — — — 18 —% >90 days delinquent or in process of foreclosure (a) — — — — — — — — —% Total (b) 601 $ 13,861 $ 8,486 $ 3,787 $ 5,908 $ 1,805 $ 325 $ 34,172 100% Allowance for credit losses $ 85 $ 340 $ 74 $ 83 $ 27 $ 5 $ 614 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 of Office loans supporting the Fortitude Re funds withheld arrangements, greater than 90 days delinquent or in process of foreclosure, at December 31, 2022. Office loans supporting the Fortitude Re funds have been foreclosed and are reported in Other invested assets in the Condensed Consolidated Balance sheets, at December 31, 2023. (b) Does not reflect allowance for credit losses. The following table presents credit quality performance indicators for residential mortgages by year of vintage: December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total FICO*: 780 and greater $ 514 $ 528 $ 2,280 $ 619 $ 239 $ 497 $ 4,677 720 - 779 1,121 608 558 168 99 209 2,763 660 - 719 313 256 113 40 37 120 879 600 - 659 2 20 11 8 9 51 101 Less than 600 — — 2 2 4 17 25 Total residential mortgages $ 1,950 $ 1,412 $ 2,964 $ 837 $ 388 $ 894 $ 8,445 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. METHODOLOGY USED TO ESTIMATE THE ALLOWANCE FOR CREDIT LOSSES At the time of origination or purchase, an allowance for credit losses is established for mortgage and other loan receivables and is updated each reporting period. Changes in the allowance for credit losses are recorded in net realized gains (losses). This allowance reflects the risk of loss, even when that risk is remote, and reflects losses expected over the remaining contractual life of the loan. The allowance for credit losses considers available relevant information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts of future economic conditions. We revert to historical information when we determine that we can no longer reliably forecast future economic assumptions. The allowances for the commercial mortgage loans and residential mortgage loans are estimated utilizing a probability of default and loss given default model. Loss rate factors are determined based on historical data and adjusted for current and forecasted information. The loss rates are applied based on individual loan attributes and considering such data points as loan-to-value ratios, FICO scores, and debt service coverage. The estimate of credit losses also reflects management’s assumptions on certain macroeconomic factors that include, but are not limited to, gross domestic product growth, employment, inflation, housing price index, interest rates and credit spreads. Accrued interest is excluded from the measurement of the allowance for credit losses and accrued interest is reversed through interest income once a loan is placed on non-accrual. When all or a portion of a loan is deemed uncollectible, the uncollectible portion of the carrying amount of the loan is charged off against the allowance. We also have off-balance sheet commitments related to our commercial mortgage loans. The liability for expected credit losses related to these commercial mortgage loan commitments is reported in Other liabilities in the Consolidated Balance Sheets. When a commitment is funded, we record a loan receivable and reclassify the liability for expected credit losses related to the commitment into loan allowance for expected credit losses. Other changes in the liability for expected credit losses on loan commitments are recorded in Net realized gains (losses) in the Consolidated Statements of Income (Loss). The following table presents a rollforward of the changes in the allowance for credit losses on Mortgage and other loans receivable*: Years Ended December 31, 2023 2022 2021 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Allowance, beginning of year $ 531 $ 69 $ 600 $ 423 $ 73 $ 496 $ 546 $ 111 $ 657 Loans charged off (106) — (106) (13) — (13) (1) — (1) Net charge-offs (106) — (106) (13) — (13) (1) — (1) Addition to (release of) allowance for loan losses 189 15 204 121 (4) 117 (122) (19) (141) Divestitures — — — — — — — (19) (19) Allowance, end of year $ 614 $ 84 $ 698 $ 531 $ 69 $ 600 $ 423 $ 73 $ 496 * Does not include allowance for credit losses of $58 million, $60 million and $57 million, respectively, at December 31, 2023, 2022 and 2021 in relation to the off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities in the Consolidated Balance Sheets. Our expectations and models used to estimate the allowance for losses on commercial and residential mortgage loans are regularly updated to reflect the current economic environment. 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 year ended December 31, 2023, commercial mortgage loans with an amortized cost of $66 million (including $54 million supporting the funds withheld arrangements with Fortitude Re) and commercial loans, other loans and notes receivable, with an amortized cost of $168 million (none of which were supporting the funds withheld arrangements with Fortitude Re) 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. No loans defaulted during the year ended December 31, 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 year ended December 31, 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	12 Months Ended
	Dec. 31, 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 yearly renewable term (“YRT”) treaties, along with a large modco treaty reinsuring the majority of our legacy business to 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). Reinsurance recoverables are recognized in a manner consistent with the liabilities relating to the underlying reinsured contracts. The reinsurance recoverables for coinsurance and modco contracts, along with amounts recoverable on YRT treaties are determined based on updated NPRs, reflecting updated actuarial assumptions using locked-in upper-medium investment instrument yield discount rates with changes recognized as remeasurement gains and losses reported in income. In addition, reinsurance recoverables are remeasured at the balance sheet date using current upper-medium grade discount rates with changes reported in OCI. For reinsurance agreements that reinsure existing, or non-contemporaneous (in-force) traditional and limited payment long-duration insurance contracts, the reinsurance recoverable is measured using the upper-medium grade fixed-income instrument yield discount rate assumption related to the effective date of the reinsurance contract. Therefore, for non-contemporaneous reinsurance agreements executed after January 1, 2021, the locked-in rate to accrete interest into the income statement related to the reinsurance recoverable would be different from the locked-in rate used for accreting interest on the direct reserve for future policy benefits. Certain reinsured guaranteed benefits previously reported as reinsurance recoverables are classified as Market risk benefit assets in the Consolidated Balance Sheets and are measured at fair value. 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 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 the impacts of reinsurance ceded and the corresponding gross liabilities on the Consolidated Balance Sheets: December 31, (in millions) 2023 2022 Assets Reinsurance assets, net of allowance $ 1,620 $ 2,517 Reinsurance assets - Fortitude Re, net of allowance 26,772 26,844 Total Assets $ 28,392 $ 29,361 Liabilities Future policy benefits for life and accident and health insurance contracts $ 57,108 $ 50,518 Policyholder contract deposits 162,050 156,058 Other policyholder funds 2,862 2,885 Total Liabilities $ 222,020 $ 209,461 The following table presents premiums earned and policy fees for our long-duration life insurance and annuity operations: Years Ended December 31, (in millions) 2023 2022 2021 Premiums Direct $ 4,706 $ 4,739 $ 4,603 Assumed * 4,111 1,318 2,265 Ceded (1,126) (966) (1,215) Net $ 7,691 $ 5,091 $ 5,653 Policy Fees Direct $ 2,873 $ 2,992 $ 3,090 Assumed — — — Ceded (76) (78) (85) Net $ 2,797 $ 2,914 $ 3,005 * Assumed premiums includes premium from pension risk transfer agreements o f $4.1 billion, $1.3 billion, and $2.3 billion for the years ended December 31, 2023, 2022 and 2021, respectively. FORTITUDE RE In February 2018, American General Life Insurance Company (“AGL”), The Variable Annuity Life Insurance Company (“VALIC”) and The United States Life Insurance Company in the City of New York (“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 are structured as modco arrangements. In the modco, the investments supporting the reinsurance agreements, which consist mostly of available-for-sale securities, 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. As our accounting policy is to include reinsurance balances when performing loss recognition testing and as there will be no future profits recognized on this business, we will not incur any future loss recognition events related to business ceded to Fortitude Re. As of December 31, 2023, and 2022, respectively, approximately $26.8 billion and $26.8 billion of liabilities related to business written by Corebridge, had been ceded to Fortitude Re under these reinsurance transactions. As of closing of the Majority Interest Fortitude Sale, these reinsurance transactions are no longer considered affiliated transactions. 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: December 31, 2023 December 31, 2022 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available-for-sale $ 15,204 $ 15,204 $ 16,339 $ 16,339 Fair value through other comprehensive income Fixed maturity securities - fair value option 4,212 4,212 3,485 3,485 Fair value through net investment income Commercial mortgage loans 3,378 3,157 3,490 3,241 Amortized cost Real estate investments 184 329 133 348 Amortized cost Private equity funds/hedge funds 1,910 1,910 1,893 1,893 Fair value through net investment income Policy loans 330 330 355 355 Amortized cost Short-term Investments 129 129 69 69 Fair value through net investment income Funds withheld investment assets 25,347 25,271 25,764 25,730 Derivative assets, net (a) 45 45 90 90 Fair value through realized gains (losses) Other (b) 641 641 731 731 Amortized cost Total $ 26,033 $ 25,957 $ 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 $62 million and $6 million, respectively, as of December 31, 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: Years Ended December 31, (in millions) 2023 2022 2021 Net investment income - Fortitude Re funds withheld assets $ 1,368 $ 891 $ 1,775 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized gains (losses) Fortitude Re funds withheld assets (224) (397) 924 Net realized losses Fortitude Re funds withheld embedded derivatives (1,734) 6,347 (687) Net realized gains (losses) on Fortitude Re funds withheld assets (1,958) 5,950 237 Income before income tax benefit (expense) (590) 6,841 2,012 Income tax expense (benefit)* (124) 1,437 423 Net income (loss) (466) 5,404 1,589 Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available-for-sale* 491 (5,064) (1,488) Comprehensive income $ 25 $ 340 $ 101 * The income tax expense (benefit) and the tax impact in accumulated other comprehensive income was computed using Corebridge’s 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 SECURITY Our third-party reinsurance arrangements do not relieve us from our direct obligations to our beneficiaries. Thus, a credit exposure exists to the extent that any reinsurer fails to meet the obligations assumed under any reinsurance agreement. We hold substantial collateral as security under related reinsurance agreements in the form of funds, securities, and/or letters of credit, as well as funds withheld reinsurance structures. A provision has been recorded for estimated unrecoverable reinsurance. Fortitude Re is our only reinsurer where the amount due from the reinsurer is in excess of 5% of our total reinsurance assets. Our reinsurance asset with Fortitude Re was $26.8 billion and $26.8 billion as of December 31, 2023 and 2022, respectively. Assets held by Corebridge with a fair value of $26.0 billion and $26.6 billion as of December 31, 2023 and 2022, respectively, provide collateral supporting funds withheld balances due to Fortitude Re in excess of the respective reinsurance recoverable assets. We believe that no exposure to a single reinsurer represents an inappropriate concentration of credit risk to Corebridge. STATUTORY REINSURANCE In addition to contracts which qualify for reinsurance accounting under U.S. GAAP, the Company also manages its risks through contracts which follow deposit accounting. Expenses associated with these contracts are recorded in General operating and other expenses within the Consolidated Statements of Income (Loss). For example, certain of our insurance companies manage the capital impact of their statutory reserve requirements, including those resulting from the NAIC Model Regulation “Valuation of Life Insurance Policies” (“Regulation XXX”) and NAIC Actuarial Guideline 38 (“Guideline AXXX”), through reinsurance transactions which do not qualify for reinsurance accounting under U.S. GAAP. Effective July 1, 2016, AGL entered into an agreement to cede approximately $5 billion of statutory reserves for certain whole life and universal life policies to an unaffiliated reinsurer. Effective December 31, 2016, AGL recaptured term and universal life reserves of $16 billion from AGC, subject to Regulation XXX and Guideline AXXX, and ceded approximately $14 billion of such statutory reserves to an unaffiliated reinsurer under an amendment to the July 1, 2016 agreement. Effective March 31, 2023, AGL recaptured term life reserves of $1 billion issued from 2017 to 2019 from AGC subject to Regulation XXX and ceded approximately $2 billion of such statutory reserves to the same unaffiliated reinsurer under an amendment to the July 1, 2016 agreement. Effective September 30, 2023, AGL recaptured universal life reserves of $1 billion issued from 2017 to 2019 from AGC subject to Guideline AXXX and ceded approximately $2 billion of such statutory reserves to the same unaffiliated reinsurer under an amendment to the July 1, 2016 agreement. Under one affiliated reinsurance arrangement, USL obtains letters of credit to support statutory recognition of the ceded reinsurance. As of December 31, 2023 USL had one bilateral letter of credit currently in the amount of $125 million , which was issued on May 9, 2022 and expires on February 7, 2027. As of May 12, 2022, this letter of credit is subject to reimbursement by Corebridge Parent in the event of a drawdown. For additional information on the use of affiliated reinsurance for Regulation XXX and Guideline AXXX reserves see Note 21. 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 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 December 31, 2023 were $28.4 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 t hat were not rated by Corebridge. Reinsurance Recoverable Allowance The following table presents a rollforward of the reinsurance recoverable allowance: Years Ended December 31, (in millions) 2023 2022 2021 Balance, beginning of year $ 84 $ 101 $ 83 Addition to (release of) allowance for expected credit losses and disputes, net (5) 8 18 Write-offs charged against the allowance for credit losses and disputes (49) — — Other changes — (25) — Balance, end of year $ 30 $ 84 $ 101 There w ere no material recoveries of credit losses previously written off for th e year ended December 31, 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 18.

Variable Interest Entities

Variable Interest Entities	12 Months Ended
	Dec. 31, 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 Consolidated Balance Sheets: (in millions) Real Estate and Investment Entities (c) Securitization and Repackaging Vehicles (d) Total December 31, 2023 Assets: Bonds available-for-sale $ 36 $ 76 $ 112 Other bond securities 45 — 45 Equity securities 8 — 8 Mortgage and other loans receivable — 1,941 1,941 Other invested assets Alternative investments (a) 2,695 — 2,695 Investment real estate 1,488 — 1,488 Short-term investments 125 5 130 Cash 61 — 61 Accrued investment income 2 5 7 Other assets 93 2 95 Total assets (b) $ 4,553 $ 2,029 $ 6,582 Liabilities: Debt of consolidated investment entities $ 1,117 $ 1,149 $ 2,266 Other liabilities 82 1 83 Total liabilities $ 1,199 $ 1,150 $ 2,349 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 December 31, 2023 and December 31, 2022. (b) The as sets 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 December 31, 2023 and December 31, 2022, together, the Company and AIG affiliates have commitments to internal parties of $1.8 billion and $2.1 billion and commitments to external parties of $0.4 billion and $0.6 billion, resp ectively. At December 31, 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 year ended December 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 Consolidated Income Statements: Real Estate and Investment Entities Securitization and Repackaging Vehicles Affordable Housing Partnerships (in millions) Total December 31, 2023 Total revenue $ 11 $ 131 $ — $ 142 Net (loss) attributable to noncontrolling interests (68) — — (68) Net income attributable to Corebridge 13 94 — 107 December 31, 2022 Total revenue $ 681 $ 229 $ — $ 910 Net income attributable to noncontrolling interests 318 3 — 321 Net income attributable to Corebridge 314 47 — 361 December 31, 2021 Total revenue $ 1,639 $ 247 $ 450 $ 2,336 Net income attributable to noncontrolling interests 858 3 68 929 Net income (loss) attributable to Corebridge 525 (33) 304 796 We calculate our maximum exposure to loss to be (i) the amount invested in the debt or equity of the VIE, (ii) the notional amount of VIE assets or liabilities where we have also provided credit protection to the VIE with the VIE as the referenced obligation and (iii) other commitments and guarantees to the VIE. 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 December 31, 2023 Real estate and investment entities (a) $ 398,978 $ 5,532 $ 2,870 $ 8,402 Total $ 398,978 $ 5,532 $ 2,870 $ 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 December 31, 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. REAL ESTATE AND INVESTMENT ENTITIES Through our insurance operations and Corebridge Real Estate Investors Inc., we are an investor in various real estate investment entities, some of which are VIEs. These investments are typically with unaffiliated third-party developers via a partnership or limited liability company structure. The VIEs’ activities consist of the development or redevelopment of commercial, industrial and residential real estate. Our involvement varies from being a passive equity investor or finance provider to actively managing the activities of the VIEs. Our insurance operations participate as passive investors in the equity interests issued by certain third party-managed hedge and private equity funds that are VIEs. Our insurance operations typically are not involved in the design or establishment of these VIEs, nor do they actively participate in the management of the VIEs. SECURITIZATION AND REPACKAGING VEHICLES We created certain VIEs that hold investments, primarily in investment grade debt securities and loans, and issued beneficial interests in these investments. Some of these VIEs were created to facilitate our purchase of asset-backed securities. In these situations, all of the beneficial interests are owned by Corebridge and affiliated entities and are consolidated by Corebridge. In other instances, we have created VIEs that are securitizations of residential mortgage loans or other forms of collateralized loan obligations or we repackage loans and other assets into pass-through securities. Corebridge subsidiaries or affiliated entities own some of the beneficial interests of these VIEs, and we maintain the power to direct the activities of the VIEs that most significantly impact their economic performance. Accordingly, we consolidate these entities and those beneficial interests issued to third parties are reported as debt of consolidated investment entities. This debt is non-recourse to Corebridge. AFFORDABLE HOUSING PARTNERSHIPS Affordable Housing organized and invested in limited partnerships that develop and operate affordable housing qualifying for federal, state, and historic tax credits, in addition to a few market rate properties across the United States. The operating partnerships are VIEs, whose debt is generally non-recourse in nature, and the general partners of which are mostly unaffiliated third-party developers. We account for our investments in operating partnerships using the equity method of accounting, unless they are required to be consolidated. We consolidate an operating partnership if the general partner is an affiliated entity, or we otherwise have the power to direct activities that most significantly impact the entities’ economic performance. In December 2021, Corebridge completed the sale of affordable housing portfolio to Blackstone Real Estate Income Trust. For additional information on the sale of Corebridge’s interests in a U.S. affordable housing portfolio, see Note 1. RMBS, CMBS, OTHER ABS AND CLOs Primarily through our insurance operations, we are a passive investor in RMBS, CMBS, other ABS and CLOs, the majority of which are issued by domestic special purpose entities. We generally do not sponsor or transfer assets to, or act as the servicer to these asset-backed structures and were not involved in the design of these entities. Our maximum exposure in these types of structures is limited to our investment in securities issued by these entities and, where applicable, any unfunded commitments to these entities. Conditional unfunded commitments for these unconsolidated entities are $331 million at December 31, 2023. Based on the nature of our investments and our passive involvement in these types of structures, we have determined that we are not the primary beneficiary of these entities. We have not included these entities in the above tables; however, the fair values of our investments in these structures are reported in Notes 5 and 6 . 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. As of December 31, 2023, the total VIE assets of these securitizations are $3.1 billion , of which Corebridge’s maximum exposure to loss including unfunded commitments is $2.2 billion

Derivatives and Hedge Accountin

Derivatives and Hedge Accounting	12 Months Ended
	Dec. 31, 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 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 Consolidated Balance Sheets in Other assets and Other liabilities. Embedded derivatives are generally presented with the host contract in the 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, 15 and 16. The following table presents the notional amounts of our derivatives and the fair value of derivative assets and liabilities in the Consolidated Balance Sheets: December 31, 2023 December 31, 2022 Gross Derivative Gross Derivative Liabilities Gross Derivative Gross Derivative Liabilities (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Derivatives designated as hedging instruments: (a) Interest rate contracts $ 2,213 $ 238 $ 833 $ 18 $ 155 $ 202 $ 1,798 $ 77 Foreign exchange contracts 2,918 354 4,829 164 3,535 575 3,354 176 Derivatives not designated as hedging instruments: (a) Interest rate contracts 41,056 2,709 41,225 3,260 27,656 1,371 21,553 2,599 Foreign exchange contracts 6,260 586 7,878 399 4,630 672 6,673 456 Equity contracts 76,561 2,017 14,144 745 26,041 417 9,962 27 Credit contracts 305 8 5 — — — — — Other contracts (b) 44,640 13 47 2 47,128 15 48 — Total derivatives, gross $ 173,953 $ 5,925 $ 68,961 $ 4,588 $ 109,145 $ 3,252 $ 43,388 $ 3,335 Counterparty netting (c) (3,646) (3,646) (2,547) (2,547) Cash collateral (d) (1,886) (801) (406) (691) Total derivatives on Condensed Consolidated Balance Sheets (e) $ 393 $ 141 $ 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 December 31, 2023 and December 31, 2022. The fair value of liabilities related to bifurcated embedded derivatives was $10.2 billion and $6.7 billion at December 31, 2023 and December 31, 2022, respectively. A bifurcated embedded derivative is generally presented with the host contract in the 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: December 31, 2023 December 31, 2022 Gross Derivative Gross Derivative Gross Derivative Gross Derivative (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Total derivatives with related parties $ 53,163 $ 622 $ 5,720 $ 232 $ 60,633 $ 3,177 $ 42,109 $ 3,154 Total derivatives with third parties 120,790 5,303 63,241 4,356 48,512 75 1,279 181 Total derivatives, gross $ 173,953 $ 5,925 $ 68,961 $ 4,588 $ 109,145 $ 3,252 $ 43,388 $ 3,335 As of December 31, 2023 and December 31, 2022, the following amounts were recorded on the 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: December 31, 2023 December 31, 2022 (in millions) Carrying Cumulative Amount of Carrying Cumulative Amount of Balance sheet line item in which hedged item is recorded: Fixed maturities, available-for-sale, at fair value $ 7,412 $ — $ 6,520 $ — Commercial mortgage and other loans (a) — (24) — (25) Policyholder contract deposits (b) (4,756) (31) (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 $1.4 billion and $255 million at December 31, 2023 and December 31, 2022, respectively. Collateral posted by us to related parties for derivative transactions was zero and $1.5 billion at December 31, 2023 and December 31, 2022, respectively. In the case of collateral posted under derivative transactions that are not subject to clearing, this collateral can generally be repledged or resold by the counterparties. Collateral provided to us from third parties for derivative transactions was $1.9 billion and $40 million at December 31, 2023 and December 31, 2022, respectively. Collateral provided to us from related parties for derivative transactions was $377 million and $380 million at December 31, 2023 and December 31, 2022, respectively. In the case of collateral provided to us under derivative transactions that are not subject to clearing, we generally can repledge or resell collateral. OFFSETTING We have elected to present all derivative receivables and derivative payables, and the related cash collateral received and paid, on a net basis on our Consolidated Balance Sheets when a legally enforceable ISDA Master Agreement exists between us and our derivative counterparty. An ISDA Master Agreement is an agreement governing multiple derivative transactions between two counterparties. The ISDA Master Agreement generally provides for the net settlement of all, or a specified group, of these derivative transactions, as well as transferred collateral, through a single payment, and in a single currency, as applicable. The net settlement provisions apply in the event of a default on, or affecting any, one derivative transaction or a termination event affecting all, or a specified group of, derivative transactions governed by the ISDA Master Agreement. HEDGE ACCOUNTING 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 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 year ended December 31, 2023, $28 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 $174 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. We also designated certain interest rate swaps as cash flow hedges of floating-rate investment assets. Related to such swaps, for the year ended December 31, 2023, we recognized derivative gains (losses) of $13 million in AOCI and $(2) million in net investment income. As it relates to such hedges, we do not expect any reclassifications into net investment income over the next 12 months and there are no amounts excluded from the assessment of hedge effectiveness that are recognized in earnings. 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 years ended December 31, 2023, 2022 and 2021 of $(3) million, $9 million and $8 million, respectively, included in Change in foreign currency translation adjustment in Other comprehensive income (loss) related to the net investment hedge relationships. The gains (losses) recognized primarily include transactions with related parties. A qualitative methodology is utilized to assess hedge effectiveness for net investment hedges, while regression analysis is employed for all other hedges. The following table presents the gain (loss) recognized in earnings on our derivative instruments in fair value hedging relationships in the Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Year Ended December 31, 2023 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances 86 — (98) (12) Net investment income — — 1 1 Foreign exchange contracts: Realized gains (losses) (243) 15 243 15 Year Ended December 31, 2022 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (156) — 151 (5) Net investment income 11 — (12) (1) Foreign exchange contracts: Realized gains (losses) 459 171 (459) 171 Year Ended December 31, 2021 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (62) 18 54 10 Net investment income 9 — (11) (2) Foreign exchange contracts: Realized gains (losses) 260 31 (260) 31 (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 Consolidated Statements of Income (Loss): Years Ended December 31, Gains (Losses) Recognized in Earnings (in millions) 2023 2022 2021 By Derivative Type: Interest rate contracts $ (397) $ (2,386) $ (585) Foreign exchange contracts (215) 1,028 476 Equity contracts (120) (483) (742) Credit contracts — (1) (11) Other contracts 64 64 64 Embedded derivatives within policyholder contract deposits (1,477) 1,120 (477) Fortitude Re funds withheld embedded derivative (1,734) 6,347 (687) Total (a) $ (3,879) $ 5,689 $ (1,962) By Classification: Policy fees $ 64 $ 61 $ 62 Net investment income (10) (10) 6 Net realized gains - excluding Fortitude Re funds withheld assets (b) (990) 817 445 Net realized gains (losses) on Fortitude Re funds withheld assets (90) (121) 33 Net realized losses on Fortitude Re funds withheld embedded derivatives (1,734) 6,347 (687) Policyholder benefits — (19) (4) Change in Fair value of market risk benefits (c) (1,119) (1,386) (1,817) Total (a) $ (3,879) $ 5,689 $ (1,962) (a) Includes gains (losses) with related parties of $(1.1) billion, $(2.5) billion and $(0.4) billion for the Years Ended December 31, 2023, 2022 and 2021, respectively. (b) Includes a $13 million gain (loss) related to the sale of Laya and AIG Life reported in Net (gain) loss on divestitures. For further details on these transactions, see Notes 1 and 4. (c) 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 16 . 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 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 Consolidated Balance Sheets. The fair values of these hybrid securities were both zero at December 31, 2023 and December 31, 2022. These securities have par amounts of $25 million and $25 million at December 31, 2023 and December 31, 2022, respectively, and have remaining stated maturity dates that extend to 2052.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	12 Months Ended
	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Policy Acquisition Costs	12. 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 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. 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. Value of Business Acquired (“VOBA”): VOBA is determined at the time of acquisition and is reported in the 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: 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. 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 reduced 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 reduced VOBA. The following table presents a rollforward of deferred policy acquisition costs and value of business acquired related to long-duration contracts for the years ended December 31, 2023, 2022 and 2021: Individual Group Life Institutional Total (in millions) DAC: Balance at January 1, 2023 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 705 77 450 28 1,260 Amortization expense (571) (82) (372) (9) (1,034) Other, including foreign exchange — — 36 — 36 Reclassified to Assets held-for-sale — — (740) — (740) Balance at December 31, 2023 $ 4,777 $ 1,055 $ 4,092 $ 70 $ 9,994 Balance at January 1, 2022 $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 Capitalization 562 62 414 21 1,059 Amortization expense (523) (80) (401) (7) (1,011) Other, including foreign exchange — — (60) (1) (61) Balance at December 31, 2022 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Balance at January 1, 2021 $ 4,476 $ 1,093 $ 4,773 $ 33 $ 10,375 Capitalization 579 63 404 10 1,056 Amortization expense (451) (78) (406) (6) (941) Other, including foreign exchange — — (6) 1 (5) Balance at December 31, 2021 $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 VOBA: Balance at January 1, 2023 $ 3 $ 1 $ 87 $ — $ 91 Amortization expense (1) — (7) — (8) Other, including foreign exchange — — 8 — 8 Reclassified to Assets held-for-sale — — (74) — (74) Balance at December 31, 2023 $ 2 $ 1 $ 14 $ — $ 17 Balance at January 1, 2022 $ 3 $ 1 $ 109 $ — $ 113 Amortization expense — — (9) — (9) Other, including foreign exchange — — (13) — (13) Balance at December 31, 2022 $ 3 $ 1 $ 87 $ — $ 91 Balance at January 1, 2021 $ 3 $ 1 $ 121 $ — $ 125 Amortization expense — — (10) — (10) Other, including foreign exchange — — (2) — (2) Balance at December 31, 2021 $ 3 $ 1 $ 109 $ — $ 113 Total DAC and VOBA: Balance at December 31, 2023 $ 10,011 Balance at December 31, 2022 $ 10,563 Balance at December 31, 2021 $ 10,598 DEFERRED SALES INDUCEMENTS We offer 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. 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 reduced DSI. The following table presents a rollforward of deferred sales inducement assets related to long-duration contracts for the years ended December 31, 2023, 2022, and 2021: Years Ended December 31, 2023 2022 2021 Individual Group Total Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 $ 476 $ 205 $ 681 Capitalization 7 1 8 9 — 9 10 — 10 Amortization expense (55) (14) (69) (56) (14) (70) (58) (14) (72) Balance, end of period $ 333 $ 164 $ 497 $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 Other reconciling items* 1,797 1,963 2,995 Other assets, including restricted cash $ 2,294 $ 2,521 $ 3,614 * Other reconciling items include prepaid expenses, goodwill, intangible assets and any similar items.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents the future economic benefits arising from assets acquired in a business combination that are not individually identified and separately recognized. Goodwill is tested for impairment at the reporting unit level, which is defined as an operating segment or one level below, and the test is performed annually, or more frequently if circumstances indicate an impairment may have occurred. The impairment assessment involves an option to first assess qualitative factors to determine whether events or circumstances exist that lead to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the qualitative assessment is not performed, or after assessing the totality of the events or circumstances, we determine it is more likely than not that the fair value of a reporting unit is less than its carrying amount, a quantitative assessment for potential impairment is performed. If the qualitative test is not performed or if the test indicates a potential impairment is present, we estimate the fair value of each reporting unit and compare the estimated fair value with the carrying amount of the reporting unit, including allocated goodwill. The estimate of a reporting unit’s fair value involves management judgment and is based on one or a combination of approaches including discounted expected future cash flows, market-based earnings multiples of the unit’s peer companies, external appraisals or, in the case of reporting units being considered for sale, third-party indications of fair value, if available. We consider one or more of these estimates when determining the fair value of a reporting unit to be used in the impairment test. If the estimated fair value of a reporting unit exceeds its carrying amount, goodwill is not impaired. If the carrying value of a reporting unit exceeds its estimated fair value, goodwill associated with that reporting unit potentially is impaired. The amount of impairment, if any, is measured as the excess of a reporting unit’s carrying amount over its fair value not to exceed the total amount of goodwill allocated to that reporting unit and recognized in income. The date of our annual goodwill impairment testing is July 1. We performed our annual goodwill impairment tests of all reporting units and concluded that our goodwill was not impaired. The following table presents the changes in goodwill by operating segment: (in millions) Life Corporate Total Balance at January 1, 2022: Goodwill - gross 236 33 269 Accumulated impairments (67) (10) (77) Net goodwill 169 23 192 Increase (decrease) due to: Dispositions — — — Other * (16) (1) (17) Balance at December 31, 2022: Goodwill - gross 220 32 252 Accumulated impairments (67) (10) (77) Net goodwill 153 22 175 Increase (decrease) due to: Dispositions (30) (9) (39) Other * 3 1 4 Reclassified to Assets held-for-sale (23) — (23) Balance at December 31, 2023: Goodwill - gross 170 24 194 Accumulated impairments (67) (10) (77) Net goodwill $ 103 $ 14 $ 117 * Other primarily relates to changes in foreign currencies. Indefinite lived intangible assets are not subject to amortization. Finite lived intangible assets are amortized over their useful lives. Finite lived intangible assets primarily include distribution networks and are recorded net of accumulated amortization. The Company tests intangible assets for impairment on an annual basis or whenever events or circumstances suggest that the carrying value of an intangible asset may exceed the sum of the undiscounted cash flows expected to result from its use and eventual disposition. If this condition exists and the carrying value of an intangible asset exceeds its fair value, the excess is recognized as an impairment and is recorded as a charge against net income (loss). Other intangible assets at December 31, 2023 and 2022 was zero and $12 million, respectively.

Future Policy Benefits

Future Policy Benefits	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Future Policy Benefits	14. 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. Structured settlement or other annuitization elections (e.g., certain single premium immediate annuities) that do not involve life contingent payments, but rather payments for a stated period are included in Policyholder contract deposits. 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 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 Consolidated Balance Sheets: Year Ended December 31, 2023 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Effect of changes in discount rate assumptions (AOCI) — — 1,872 — 66 1,938 Beginning balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in cash flow assumptions — — 34 — 21 55 Effect of actual variances from expected experience — — 62 — 20 82 Adjusted beginning of year balance — — 13,622 — 1,098 14,720 Issuances — — 1,277 — — 1,277 Interest accrual — — 437 — 46 483 Net premium collected — — (1,464) — (118) (1,582) Foreign exchange impact — — 265 — — 265 Other — — 11 — (9) 2 Ending balance at original discount rate — — 14,148 — 1,017 15,165 Effect of changes in discount rate assumptions (AOCI) — — (1,482) — (44) (1,526) Reclassified to Liabilities held-for-sale — — (4,287) — — (4,287) Balance, end of year $ — $ — $ 8,379 $ — $ 973 $ 9,352 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) (5) (2) 122 15 — 130 Adjusted beginning of year balance 1,385 211 24,787 15,113 21,588 63,084 Issuances 173 18 1,266 5,339 4 6,800 Interest accrual 55 11 908 664 1,026 2,664 Benefit payments (128) (26) (1,921) (1,087) (1,503) (4,665) Foreign exchange impact — — 345 359 — 704 Other — — 10 — (24) (14) Ending balance at original discount rate 1,485 214 25,395 20,388 21,091 68,573 Effect of changes in discount rate assumptions (AOCI) (132) 3 (2,745) (1,906) (437) (5,217) Reclassified to Liabilities held-for-sale — — (5,119) — — (5,119) Balance, end of year $ 1,353 $ 217 $ 17,531 $ 18,482 $ 20,654 $ 58,237 Net liability for future policy benefits, end of year 1,353 217 9,152 18,482 19,681 48,885 Liability for future policy benefits for certain participating contracts — — 13 — 1,300 1,313 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,731 — 55 3,786 Deferred profit liability 84 10 19 1,543 855 2,511 Other reconciling items (c) 33 — 485 — 95 613 Future policy benefits for life and accident and health insurance contracts 1,470 227 13,400 20,025 21,986 57,108 Less: Reinsurance recoverable: (4) — (719) (39) (21,986) (22,748) Net liability for future policy benefits after reinsurance recoverable $ 1,466 $ 227 $ 12,681 $ 19,986 $ — $ 34,360 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.8 6.8 12.8 12.1 11.5 Year Ended December 31, 2022 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Effect of changes in discount rate assumptions (AOCI) — — (706) — (150) (856) Beginning balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in cash flow assumptions — — 123 — — 123 Effect of actual variances from expected experience — — (79) — 7 (72) Adjusted beginning of year balance — — 13,707 — 1,131 14,838 Issuances — — 1,358 — — 1,358 Interest accrual — — 397 — 48 445 Net premium collected — — (1,418) — (123) (1,541) Foreign exchange impact — — (517) — — (517) Other — — (1) — 1 — Ending balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in discount rate assumptions (AOCI) — — (1,872) — (66) (1,938) Balance, end of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 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) (30) (2) (94) 3 1 (122) Adjusted beginning of year balance 1,248 216 24,771 13,017 22,002 61,254 Issuances 216 12 1,374 2,782 9 4,393 Interest accrual 42 10 876 459 1,233 2,620 Benefit payments (116) (26) (1,757) (821) (1,483) (4,203) Foreign exchange impact — — (657) (339) — (996) Other — 1 (4) — (249) (252) Ending balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in discount rate assumptions (AOCI) (167) (2) (3,424) (2,634) (1,083) (7,310) Balance, end of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Net liability for future policy benefits, end of year 1,223 211 9,525 12,464 19,438 42,861 Liability for future policy benefits for certain participating contracts — — 14 — 1,338 1,352 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,300 — 55 3,355 Deferred profit liability 99 12 15 1,281 896 2,303 Other reconciling items (c) 37 — 500 — 110 647 Future policy benefits for life and accident and health insurance contracts 1,359 223 13,354 13,745 21,837 50,518 Less: Reinsurance recoverable: (4) — (1,107) (36) (21,837) (22,984) Net liability for future policy benefits after reinsurance recoverable $ 1,355 $ 223 $ 12,247 $ 13,709 $ — $ 27,534 Weighted average liability duration of the liability for future policy benefits (d) 7.6 6.9 12.2 10.8 11.4 Year Ended December 31, 2021 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 13,793 $ — $ 1,506 $ 15,299 Effect of changes in discount rate assumptions (AOCI) — — (1,374) — (249) (1,623) Beginning balance at original discount rate — — 12,419 — 1,257 13,676 Effect of changes in cash flow assumptions — — 164 — (72) 92 Effect of actual variances from expected experience — — 371 — 14 385 Adjusted beginning of year balance — — 12,954 — 1,199 14,153 Issuances — — 1,727 — — 1,727 Interest accrual — — 392 — 54 446 Net premium collected — — (1,364) — (129) (1,493) Foreign exchange impact — — (46) — — (46) Other — — — — — — Ending balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in discount rate assumptions (AOCI) — — 706 — 150 856 Balance, end of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Present value of expected future policy benefits Balance, beginning of year $ 1,323 $ 279 $ 27,919 $ 11,630 $ 30,519 $ 71,670 Effect of changes in discount rate assumptions (AOCI) (156) (63) (4,351) (1,654) (7,862) (14,086) Beginning balance at original discount rate 1,167 216 23,568 9,976 22,657 57,584 Effect of changes in cash flow assumptions (a) — — 193 — (83) 110 Effect of actual variances from expected experience (a) 1 (1) 413 (3) (121) 289 Adjusted beginning of year balance 1,168 215 24,174 9,973 22,453 57,983 Issuances 172 21 1,713 3,366 15 5,287 Interest accrual 41 11 876 380 1,085 2,393 Benefit payments (101) (28) (1,981) (696) (1,530) (4,336) Foreign exchange impact — — (60) (3) — (63) Other (2) (1) 3 — (22) (22) Ending balance at original discount rate 1,278 218 24,725 13,020 22,001 61,242 Effect of changes in discount rate assumptions (AOCI) 95 46 2,717 870 5,673 9,401 Balance, end of year $ 1,373 $ 264 $ 27,442 $ 13,890 $ 27,674 $ 70,643 Net liability for future policy benefits, end of year 1,373 264 13,073 13,890 26,400 55,000 Liability for future policy benefits for certain participating contracts — — 15 — 1,382 1,397 Liability for universal life policies with secondary guarantees and similar features (b) — — 4,952 — 55 5,007 Deferred profit liability 81 11 10 1,218 916 2,236 Other reconciling items (c) 42 — 485 1 102 630 Future policy benefits for life and accident and health insurance contracts 1,496 275 18,535 15,109 28,855 64,270 Less: Reinsurance recoverable: (4) — (1,715) (47) (28,855) (30,621) Net liability for future policy benefits after reinsurance recoverable $ 1,492 $ 275 $ 16,820 $ 15,062 $ — $ 33,649 Weighted average liability duration of the liability for future policy benefits (d) 8.6 7.8 14.4 13.0 13.7 (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 Consolidated Balance Sheets . See Note 4 for additional information. For the years ended December 31, 2023, 2022 and 2021 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, $26 million and $15 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: Years Ended December 31, (in millions) 2023 2022 2021 Individual Retirement Undiscounted expected future benefits and expense $ 2,131 $ 1,959 $ 1,747 Undiscounted expected future gross premiums $ — $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 313 $ 321 $ 328 Undiscounted expected future gross premiums $ — $ — $ — Life Insurance (a) (b) Undiscounted expected future benefits and expense $ 40,489 $ 38,909 $ 38,869 Undiscounted expected future gross premiums $ 30,458 $ 29,035 $ 29,272 Institutional Markets Undiscounted expected future benefits and expense $ 38,253 $ 25,066 $ 20,839 Undiscounted expected future gross premiums $ — $ — $ — Corporate and other (c)(d) Undiscounted expected future benefits and expense $ 43,071 $ 44,530 $ 46,038 Undiscounted expected future gross premiums $ 2,146 $ 2,262 $ 2,437 (a) Includes balances that have been reclassified to Liabilities held-for-sale in the Consolidated Balance Sheets. See Note 4 for additional information. (b) Life insurance discounted expected future gross premiums (at current discount rate) for 2023 were $20.2 billion. (c) Corporate and other discounted expected future gross premiums (at current discount rate) for 2023 were $1.4 billion (d) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Years Ended December 31, Years Ended December 31, (in millions) 2023 2022 2021 2023 2022 2021 Individual Retirement $ 202 $ 224 $ 186 $ 55 $ 42 $ 41 Group Retirement 19 19 21 11 10 11 Life Insurance 2,393 2,342 2,319 471 479 484 Institutional Markets 5,638 2,940 3,818 664 459 380 Corporate and Other 215 224 236 980 1,185 1,031 Total $ 8,467 $ 5,749 $ 6,580 $ 2,181 $ 2,175 $ 1,947 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other December 31, 2023 Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.10 % 4.14 % 4.86 % Weighted-average interest rate, current discount rate * 5.04 % 5.02 % 5.04 % 4.96 % 5.08 % December 31, 2022 Weighted-average interest rate, original discount rate 3.58 % 5.17 % 4.08 % 3.56 % 4.88 % Weighted-average interest rate, current discount rate 5.32 % 5.30 % 5.33 % 5.30 % 5.36 % December 31, 2021 Weighted-average interest rate, original discount rate 3.23 % 4.96 % 4.11 % 3.22 % 4.83 % Weighted-average interest rate, current discount rate 2.75 % 2.68 % 2.85 % 2.71 % 3.08 % * 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. In 2021, Corebridge recognized an unfavorable impact to net income mainly due to updated mortality on Traditional Life 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. 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 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 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 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 16. (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. 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 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: Years Ended December 31, 2023 2022 2021 Life Corporate and Other Total 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 $ 5,117 $ 55 $ 5,172 Effect of changes in assumptions (41) — (41) (24) — (24) (116) — (116) Effect of changes in experience 319 (4) 315 303 (4) 299 331 (4) 327 Adjusted beginning balance $ 3,578 $ 51 $ 3,629 $ 5,231 $ 51 $ 5,282 $ 5,332 $ 51 $ 5,383 Assessments 671 2 673 687 2 689 669 2 671 Excess benefits paid (943) — (943) (909) — (909) (859) — (859) Interest accrual 132 2 134 126 2 128 136 2 138 Other (9) — (9) (11) — (11) 24 — 24 Changes related to unrealized appreciation (depreciation) of investments 302 — 302 (1,824) — (1,824) (350) — (350) Balance, end of year $ 3,731 $ 55 $ 3,786 $ 3,300 $ 55 $ 3,355 $ 4,952 $ 55 $ 5,007 Less: Reinsurance recoverable (164) — (164) (191) — (191) (200) — (200) Balance, end of year, net of Reinsurance recoverable $ 3,567 $ 55 $ 3,622 $ 3,109 $ 55 $ 3,164 $ 4,752 $ 55 $ 4,807 Weighted average duration of liability * 25.4 9.2 26.3 9.5 27.1 9.8 * 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 Consolidated Statements of Income (Loss) for the liability for universal life policies with secondary guarantees and similar features: Gross Assessments Years Ended December 31, Interest Accretion Years Ended December 31, (in millions) 2023 2022 2021 2023 2022 2021 Life Insurance $ 1,109 $ 1,193 $ 1,187 $ 132 $ 126 $ 136 Corporate and Other 37 39 39 2 2 2 Total $ 1,146 $ 1,232 $ 1,226 $ 134 $ 128 $ 138 The following table presents the calculation of weighted average interest rate for the liability for universal life policies with secondary guarantees and similar features: December 31, 2023 2022 2021 Life Corporate and Other Life Corporate and Other Life Corporate and Other Weighted-average interest rate 3.92 % 4.20 % 3.76 % 4.24 % 3.74 % 4.21 % 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: Years Ended December 31, (in millions, except for attained age of contract holders) 2023 2022 Account value $ 3,721 $ 3,514 Net amount at risk $ 72,422 $ 69,335 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. In 2021, Corebridge recognized a favorable impact to net income primarily due to the update in the reserving methodology, partially offset by assumption updates to mortality.

Policyholder Contract Deposits

Policyholder Contract Deposits and Other Policyholder Funds	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Policyholder Contract Deposits and Other Policyholder Funds	15. 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) : Individual Group Life Institutional Corporate and other Total (in millions, except for average crediting rate) Year Ended December 31, 2023 Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 18,188 5,352 1,632 3,813 44 29,029 Policy charges (840) (477) (1,524) (67) (64) (2,972) Surrenders and withdrawals (14,025) (8,310) (256) (722) (93) (23,406) Benefit payments (3,770) (2,518) (281) (2,405) (300) (9,274) Net transfers from (to) separate account 3,617 2,705 3 792 — 7,117 Interest credited 2,188 1,141 413 507 168 4,417 Other (16) 11 20 (3) (9) 3 Policyholder contract deposits account balance, end of year 94,896 41,299 10,231 13,649 3,333 163,408 Other reconciling items (b) (1,429) (230) 208 93 — (1,358) Policyholder contract deposits $ 93,467 $ 41,069 $ 10,439 $ 13,742 $ 3,333 $ 162,050 Weighted average crediting rate 2.68 % 2.91 % 4.41 % 4.08 % 4.99 % Cash surrender value (c) $ 88,685 $ 40,210 $ 9,026 $ 2,583 $ 1,712 $ 142,216 Year Ended December 31, 2022 Policyholder contract deposits account balance, beginning of year $ 84,097 $ 43,902 $ 10,183 $ 10,804 $ 3,823 $ 152,809 Deposits 15,186 4,946 1,674 1,494 48 23,348 Policy charges (870) (462) (1,570) (69) (65) (3,036) Surrenders and withdrawals (8,921) (5,712) (211) (134) (64) (15,042) Benefit payments (3,798) (2,528) (216) (775) (349) (7,666) Net transfers from (to) separate account 2,248 2,149 (5) 144 — 4,536 Interest credited 1,608 1,100 377 301 178 3,564 Other 4 — (8) (31) 16 (19) Policyholder contract deposits account balance, end of year 89,554 43,395 10,224 11,734 3,587 158,494 Other reconciling items (b) (2,136) (319) 34 (16) 1 (2,436) Policyholder contract deposits $ 87,418 $ 43,076 $ 10,258 $ 11,718 $ 3,588 $ 156,058 Weighted average crediting rate 2.43 % 2.77 % 4.29 % 2.71 % 4.91 % Cash surrender value (c) $ 83,278 $ 41,831 $ 8,866 $ 2,537 $ 1,808 $ 138,320 Year Ended December 31, 2021 Policyholder contract deposits account balance, beginning of year $ 80,012 $ 43,406 $ 10,012 $ 11,351 $ 4,143 $ 148,924 Deposits 13,774 5,146 1,702 1,272 53 21,947 Policy charges (781) (523) (1,567) (65) (69) (3,005) Surrenders and withdrawals (8,863) (5,795) (212) (91) (76) (15,037) Benefit payments (4,031) (2,329) (245) (1,948) (374) (8,927) Net transfers from (to) separate account 1,531 2,750 (2) 61 — 4,340 Interest credited 2,444 1,249 447 263 191 4,594 Other 11 (2) 48 (39) (45) (27) Policyholder contract deposits account balance, end of year 84,097 43,902 10,183 10,804 3,823 152,809 Other reconciling items (b) (1,289) (259) 117 165 2 (1,264) Policyholder contract deposits $ 82,808 $ 43,643 $ 10,300 $ 10,969 $ 3,825 $ 151,545 Weighted average crediting rate 2.42 % 2.79 % 4.28 % 2.41 % 4.92 % Cash surrender value (c) $ 79,787 $ 43,359 $ 8,826 $ 2,520 $ 1,880 $ 136,372 (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 16. 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: December 31, 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% $ 6,498 $ 2,078 $ 26,873 $ 35,449 > 1% - 2% 3,749 22 1,771 5,542 > 2% - 3% 8,046 11 972 9,029 > 3% - 4% 6,610 37 5 6,652 > 4% - 5% 426 — 4 430 > 5% 32 — 3 35 Total $ 25,361 $ 2,148 $ 29,628 $ 57,137 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,185 $ 2,344 $ 6,830 $ 11,359 > 1% - 2% 3,731 1,242 671 5,644 > 2% - 3% 12,073 211 110 12,394 > 3% - 4% 615 — — 615 > 4% - 5% 6,635 — — 6,635 > 5% 144 — — 144 Total $ 25,383 $ 3,797 $ 7,611 $ 36,791 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 132 346 478 > 2% - 3% 9 855 1,082 1,946 > 3% - 4% 1,170 496 26 1,692 > 4% - 5% 2,851 — — 2,851 > 5% 216 — — 216 Total $ 4,246 $ 1,483 $ 1,454 $ 7,183 Total* $ 54,990 $ 7,428 $ 38,693 $ 101,111 Percentage of total 55% 7% 38% 100% December 31, 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% $ 8,766 $ 2,161 $ 21,702 $ 32,629 > 1% - 2% 4,208 24 2,195 6,427 > 2% - 3% 9,502 — 17 9,519 > 3% - 4% 7,630 40 6 7,676 > 4% - 5% 456 — 5 461 > 5% 33 — 4 37 Total $ 30,595 $ 2,225 $ 23,929 $ 56,749 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 3,611 $ 1,427 $ 5,609 $ 10,647 > 1% - 2% 5,628 727 150 6,505 > 2% - 3% 13,968 3 — 13,971 > 3% - 4% 666 — — 666 > 4% - 5% 6,843 — — 6,843 > 5% 154 — — 154 Total $ 30,870 $ 2,157 $ 5,759 $ 38,786 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% 1 129 352 482 > 2% - 3% 32 831 1,116 1,979 > 3% - 4% 1,369 180 195 1,744 > 4% - 5% 2,974 — — 2,974 > 5% 223 — — 223 Total $ 4,599 $ 1,140 $ 1,663 $ 7,402 Total* $ 66,064 $ 5,522 $ 31,351 $ 102,937 Percentage of total 64% 5% 30% 100% * Excludes policyholder contract deposits account balances that are not subject to guaranteed minimum crediting rates. Funding Agreements 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 insurance companies. USL is a member of the FHLB of New York, while VALIC and AGL are members of the FHLB of Dallas. Membership with both FHLBs provides us with collateralized borrowing opportunities, primarily as an additional source of liquidity or for other uses deemed appropriate by management, e.g., earning a spread on deposits. Our ownership in the FHLB stock is reported in Other invested assets within the Consolidated Balance Sheets. Pursuant to the membership terms, we elected to pledge such stock to the FHLB as collateral for our obligations under agreements with the FHLB. Our net borrowing capacity under such facilities with FHLB of Dallas and FHLB of New York as of December 31, 2023 is $3.7 billion. As of December 31, 2023, we pledged $8.7 billion as collateral to the FHLB, including assets backing funding agreements. Corebridge issued the following funding agreements to the FHLB of Dallas and FHLB of New York; these obligations are reported in Policyholder contract deposits in the Consolidated Balance Sheets: The following table presents details concerning our funding agreements as of December 31, 2023: December 31, 2023 Payments due by period (in millions) Gross Amounts 2024 2025-2026 2027-2028 Thereafter Stated Interest rates FHLB Facility FHLB of Dallas $ 3,357 $ 52 $ 254 $ 3,051 $ — DNA Auction* + 22 to 30 bps FHLB of Dallas $ 2,027 $ — $ — $ 1,506 $ 521 3.53% to 4.77% FHLB of New York $ 241 $ 94 $ 147 $ — $ — 1.52% to 2.70% $ 5,625 $ 146 $ 401 $ 4,557 $ 521 * Discount Note Advance (“DNA”) Auction is based on either a 4-Week or 3-Month tenor, depending on contractual terms of each borrowing. 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. 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. Other policyholder funds also include provisions for future dividends to participating policyholders, accrued in accordance with all applicable regulatory or contractual provisions. Participating life business represented approximately 0.5% and 0.7% of gross insurance in force at December 31, 2023 and December 31, 2022, respectively and 0.9%, 1.3% and 1.7% of gross premiums and other considerations in 2023, 2022 and 2021, respectively. The amount of annual dividends to be paid is approved locally by the Corebridge Boards of Directors. Provisions for future dividend payments are computed by jurisdiction, reflecting local regulations. The portions of current and prior net income and of current unrealized appreciation of investments that can inure to our benefit are restricted in some cases by the insurance contracts and by the local insurance regulations of the jurisdictions in which the policies are in force. Certain products are subject to experience adjustments. These include group life and group medical products, credit life contracts, accident and health insurance contracts/riders attached to life policies and, to a limited extent, reinsurance agreements with other direct insurers. Ultimate premiums from these contracts are estimated and recognized as revenue with the unearned portions of the premiums recorded as liabilities in Other policyholder funds. Experience adjustments vary according to the type of contract and the territory in which the policy is in force and are subject to local regulatory guidance. 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 reduced URR. The following table presents a rollforward of the unearned revenue reserve for the years ended December 31, 2023, 2022 and 2021: Year Ended December 31, 2023 Life Institutional Corporate and Other Total (in millions) Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 153 — — 153 Amortization (110) (1) (11) (122) Balance, end of year $ 1,770 $ 1 $ 94 $ 1,865 Other reconciling items* 997 Other policyholder funds $ 2,862 Year Ended December 31, 2022 Balance, beginning of year $ 1,693 $ 2 $ 116 $ 1,811 Revenue deferred 143 — — 143 Amortization (109) — (11) (120) Balance, end of year $ 1,727 $ 2 $ 105 $ 1,834 Other reconciling items* 1,051 Other policyholder funds $ 2,885 Year Ended December 31, 2021 Balance, beginning of year $ 1,661 $ 2 $ 132 $ 1,795 Revenue deferred 140 — — 140 Amortization (108) — (15) (123) Other, including foreign exchange — — (1) (1) Balance, end of year $ 1,693 $ 2 $ 116 $ 1,811 Other reconciling items* 1,068 Other policyholder funds $ 2,879 * 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	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Market Risk Benefits	16. 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 Consolidated Balance Sheets at transition: Individual Group Total (in millions) MRB in an asset position $ 176 $ — $ 176 Reinsured MRB 162 — 162 MRB assets, at fair value $ 338 $ — $ 338 MRB liabilities, at fair value 7,937 802 8,739 MRB, net, January 1, 2021 $ 7,599 $ 802 $ 8,401 The following table presents the balances of and changes in MRBs: Year Ended December 31, 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 681 37 718 Interest accrual 156 15 171 Attributed fees 803 63 866 Expected claims (91) (3) (94) Effect of changes in interest rates (139) (13) (152) Effect of changes in interest rate volatility (69) (3) (72) Effect of changes in equity markets (1,236) (109) (1,345) Effect of changes in equity index volatility (14) (5) (19) Actual outcome different from model expected outcome 188 7 195 Effect of changes in future expected policyholder behavior (1) 1 — Effect of changes in other future expected assumptions (85) (39) (124) Other, including foreign exchange — (3) (3) Balance, end of year, before effect of changes in our own credit risk 3,490 220 3,710 Effect of changes in our own credit risk 1,072 88 1,160 Balance, end of year 4,562 308 4,870 Less: Reinsured MRB, end of period (77) — (77) Net Liability Balance after reinsurance recoverable $ 4,485 $ 308 $ 4,793 Net amount at risk GMDB only $ 758 $ 160 $ 918 GMWB only $ 152 $ 13 $ 165 Combined * $ 1,011 $ 18 $ 1,029 Weighted average attained age of contract holders 70 64 Year Ended December 31, 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 263 25 288 Interest accrual 172 21 193 Attributed fees 864 70 934 Expected claims (83) (2) (85) Effect of changes in interest rates (4,087) (371) (4,458) Effect of changes in interest rate volatility 263 18 281 Effect of changes in equity markets 1,382 122 1,504 Effect of changes in equity index volatility (75) 1 (74) Actual outcome different from model expected outcome 164 (3) 161 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 3 (6) (3) Balance, end of year before effect of changes in our own credit risk 3,297 272 3,569 Effect of changes in our own credit risk 441 24 465 Balance, end of year 3,738 296 4,034 Less: Reinsured MRB, end of period (94) — (94) Net liability balance after reinsurance recoverable $ 3,644 $ 296 $ 3,940 Net amount at risk GMDB only $ 1,615 $ 371 $ 1,986 GMWB only $ 27 $ 1 $ 28 Combined * $ 2,084 $ 39 $ 2,123 Weighted average attained age of contract holders 70 64 Year Ended December 31, 2021 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 7,761 $ 802 $ 8,563 Effect of changes in our own credit risk (2,140) (187) (2,327) Balance, beginning of year, before effect of changes in our own credit risk $ 5,621 $ 615 $ 6,236 Issuances 247 28 275 Interest accrual 142 21 163 Attributed fees 805 74 879 Expected claims (54) (2) (56) Effect of changes in interest rates (1,098) (107) (1,205) Effect of changes in interest rate volatility 74 4 78 Effect of changes in equity markets (1,414) (203) (1,617) Effect of changes in equity index volatility 33 20 53 Actual outcome different from model expected outcome 106 8 114 Effect of changes in future expected policyholder behavior 53 (36) 17 Effect of changes in other future expected assumptions — — — Other, including foreign exchange 3 (7) (4) Balance, end of year before effect of changes in our own credit risk 4,518 415 4,933 Effect of changes in our own credit risk 1,934 167 2,101 Balance, end of year 6,452 582 7,034 Less: Reinsured MRB, end of period (145) — (145) Net liability balance after reinsurance recoverable $ 6,307 $ 582 $ 6,889 Net amount at risk GMDB only $ 684 $ 159 $ 843 GMWB only $ 831 $ 118 $ 949 Combined* $ 567 $ 14 $ 581 Weighted average attained age of contract holders 70 63 * Certain contracts contain both guaranteed GMDB and GMWB features and are modeled together for the purposes of calculating the MRB. The following is a reconciliation of MRBs by amounts in an asset position and in a liability position to the MRBs amount in the Consolidated Balance Sheets: December 31, 2023 December 31, 2022 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 740 $ 5,225 $ 4,485 $ 661 $ 4,305 $ 3,644 Group Retirement 172 480 308 135 431 296 Total $ 912 $ 5,705 $ 4,793 $ 796 $ 4,736 $ 3,940 * 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. For 2021, the impacts were mainly due to updating the lapse rate expectations. 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 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. Certain of our variable annuity contracts contain GMDB features and may also contain living benefit riders, which include optional GMWBs and, to a lesser extent, guaranteed minimum accumulation benefits (“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. GMDB is our most widely offered benefit. 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.

Debt

Debt		12 Months Ended
	Feb. 25, 2022	Dec. 31, 2023
Debt Disclosure [Abstract]
Debt	SENIOR UNSECURED NOTES AND DELAYED DRAW TERM LOAN On February 25, 2022, Corebridge Parent entered into an 18-Month Delayed Draw Term Loan Agreement (the “18-Month DDTL Facility”) among Corebridge Parent, as borrower, the lenders party thereto and the administrative agent thereto, and a Three The 18-Month DDTL Facility and Three-Year DDTL Facility provided us with committed delayed draw term loan facilities in the aggregate principal amount of $6.0 billion and $3.0 billion, respectively. On April 5, 2022, Corebridge Parent issued $6.5 billion of senior unsecured notes consisting of: $1.0 billion aggregate principal amount of its 3.50% Senior Notes due 2025, $1.25 billion aggregate principal amount of its 3.65% Senior Notes due 2027, $1.0 billion aggregate principal amount of its 3.85% Senior Notes due 2029, $1.5 billion aggregate principal amount of its 3.90% Senior Notes due 2032, $500 million aggregate principal amount of its 4.35% Senior Notes due 2042 and $1.25 billion aggregate principal amount of its 4.40% Senior Notes due 2052. On April 6, 2022, in connection with the issuance of the senior unsecured notes of Corebridge Parent, (i) the commitments under the 18-Month DDTL Facility were terminated in full and (ii) the commitments under the Three-Year DDTL Facility were reduced from $3.0 billion to $2.5 billion. On August 25, 2022, in connection with the issuance of the hybrid junior subordinated notes, the commitments under the Three-Year DDTL Facility were further reduced from $2.5 billion to $1.5 billion. On September 15, 2022, Corebridge Parent borrowed an aggregate principal amount of $1.5 billion under the Three-Year DDTL Facility. On December 8, 2023 and September 15, 2023, Corebridge Parent used the net proceeds of the issuance of the Senior Notes and cash on hand to repay $750 million and $500 million, respectively, on the DDTL Facility. As of December 31, 2023, a total of $250 million of borrowings are outstanding under the DDTL Facility. For the current interest period, the Three-Year DDTL Facility will end on February 29, 2024, unless prior to that date Corebridge Parent elects to continue the loan, or a portion of it, for an additional interest period. The Three-Year DDTL Facility bears interest at a rate per annum equal to the Adjusted Term SOFR Rate (as defined in the Three-Year DDTL Agreement) plus the Applicable Rate (as defined in the Three-Year DDTL Agreement, which is currently 1.000%, and is based on the applicable credit ratings of our senior unsecured long-term indebtedness). The Three-Year DDTL Facility matures on February 25, 2025. On September 15, 2023, Corebridge Parent issued $500 million of 6.050% Senior Notes due 2033. On December 8, 2023, Corebridge Parent issued $750 million of 5.750% Senior Notes due 2034. HYBRID JUNIOR SUBORDINATED NOTES On August 23, 2022, Corebridge Parent issued $1.0 billion of 6.875% fixed-to-fixed reset rate hybrid junior subordinated notes due 2052. Subject to certain redemption provisions and other terms of the hybrid junior subordinated notes, the interest rate and interest payment date reset every five years based on the average of the yields on five-year U.S. Treasury securities, as of the most recent interest rate determination on a reset plus a spread, payable semi-annually. AFFILIATED NOTES In November 2021, Corebridge issued an $8.3 billion senior promissory note to AIG. We used the net proceeds from the senior unsecured notes, the net proceeds from the hybrid junior subordinated notes and a portion of the borrowing of the Three-Year DDTL Facility, discussed above, to repay the principal balance and accrued interest of this note to AIG. The interest rate per annum was equal to LIBOR plus 100 basis points and accrued semi-annually in arrears on March 1 and September 1 of each year, beginning on March 1, 2022. In 2019, AIG Global Real Estate Investment Corporation (“AGREIC”) issued a note to Lexington in the amount of $250 million. Interest expense incurred specific to this note was $0.4 million for the year ended December 31, 2021. On February 12, 2021, AGREIC repaid the loan and interest in the amount of $254 million. On June 23, 2022, AIG Life borrowed £10 million from AIG Transaction Execution Limited, which was repaid on July 7, 2022. In 2013, AIG Property Company Limited issued an affiliated note to AIG Europe S.A. (Netherlands Branch) of $17 million for the purpose of purchasing a building. Interest expense incurred specific to this note was $0.3 million for the year ended December 31, 2021. On October 1, 2021, AIG Property Company Limited repaid the loan and interest of $9 million to AIG Europe S.A. CRBGLH NOTES AND JUNIOR SUBORDINATED DEBENTURES As of December 31, 2023, Corebridge Life Holdings, Inc. (“CRBGLH”) had outstanding $427 million aggregate principal amount, consisting of $227 million of junior subordinated debt due between 2030 and 2046 and $200 million of notes due between 2025 and 2029. At December 31, 2023, the junior subordinated debentures outstanding consisted of $54 million of 8.5% junior subordinated debentures due July 2030, $142 million of 8.125% junior subordinated debentures due March 2046 and $31 million of 7.57% junior subordinated debentures due December 2045, each guaranteed by AIG. For details regarding guarantees provided by AIG related to these notes and debentures, see Note 18. DEBT CASH TENDER OFFERS During the year ended December 31, 2021, $216 million of aggregate principal amount of CRBGLH notes and CRBGLH junior subordinated debentures were repurchased through cash tender offers for an aggregate purchase price of $312 million. REVOLVING CREDIT AGREEMENT On May 12, 2022, Corebridge Parent entered into the Revolving Credit Agreement (the “Credit Agreement”). The Credit Agreement provides for a five-year total commitment of $2.5 billion, consisting of standby letters of credit and/or revolving credit borrowings without any limits on the type of borrowings. Under circumstances described in the Credit Agreement, the aggregate commitments may be increased by up to $500 million, for a total commitment under the Credit Agreement of $3.0 billion. Loans under the Credit Agreement will mature on May 12, 2027. Under the Credit Agreement, the applicable rate, commitment fee and letter of credit fee are determined by reference to the credit ratings of Corebridge Parent’s senior, unsecured, long-term indebtedness. Borrowings bear interest at a rate per annum equal to (i) in the case of U.S. dollar borrowings, Term SOFR plus an applicable credit spread adjustment plus an applicable rate or an alternative base rate plus an applicable rate; (ii) in the case of Sterling borrowings, sterling overnight index average (“SONIA”) plus an applicable credit spread adjustment plus an applicable rate; (iii) in the case of Euro borrowings, European Union interbank Offer Rate plus an applicable rate; and (iv) in the case of Japanese Yen, Tokyo Interbank Offered Rate plus an applicable rate. The alternative base rate is equal to the highest of (a) the New York Federal Reserve Bank Rate plus 0.50%, (b) the rate of interest in effect as quoted by The Wall Street Journal as the “Prime Rate” in the United States and (c) Term SOFR plus a credit spread adjustment of 0.100% plus an additional 1.00%. LETTERS OF CREDIT Effective July 28, 2022, Corebridge Parent replaced AIG as applicant and guarantor on two letters of credit totaling £80 million, for the benefit of AIG Life. Effective January 1, 2023, Corebridge Parent replaced this letter of credit with a single letter of credit of £80 million. The letter of credit supports AIG Life’s capital position and will be counted as Tier 2 capital under European Union (“EU”) Solvency II regulations as approved by the Prudential Regulation Authority. Effective February 17, 2023, the letter of credit was reduced from £80 million to £26 million, and further reduced to £20 million on September 22, 2023.	17. Debt 17. Debt Short-term and long-term debt is carried at the principal amount borrowed, including unamortized discounts, and fair value adjustments, when applicable. The following table lists our total debt outstanding at December 31, 2023 and December 31, 2022. The interest rates presented in the following table are the range of contractual rates in effect at December 31, 2023, including fixed and variable rates: (in millions) Range of Maturity December 31, 2023 December 31, 2022 Short-term debt issued or borrowed by Corebridge: Three 6.46 % 2024 $ 250 $ 1,500 Total short-term debt $ 250 $ 1,500 Long-term debt issued by Corebridge: Senior unsecured notes * 3.50% - 6.05% 2025 - 2052 $ 7,750 $ 6,500 Hybrid junior subordinated notes 6.875% 2052 1,000 1,000 Long-term debt issued by Corebridge subsidiaries: CRBGLH notes 6.63% - 7.50% 2025 - 2029 200 200 CRBGLH junior subordinated debentures 7.57% - 8.50% 2030 - 2046 227 227 Total long-term debt 9,177 7,927 Debt issuance costs (59) (59) Total long-term debt, net of debt issuance costs $ 9,118 $ 7,868 Debt of consolidated investment entities - not guaranteed by Corebridge 0.00% - 8.52% 2024 - 2051 2,504 5,958 Total debt, net of issuance costs $ 11,872 $ 15,326 * Interest rates reflect contractual amounts and do not reflect the effective borrowing rate after giving effect to the cash flow hedges. The following table presents maturities of short-term and long-term debt (including unamortized original issue discount when applicable): December 31, 2023 Year Ending (in millions) Total 2024 2025 2026 2027 2028 Thereafter Short-term and Long-term debt issued by Corebridge: Three-Year DDTL Facility* $ 250 $ 250 $ — $ — $ — $ — $ — Senior unsecured notes 7,750 — 1,000 — 1,250 — 5,500 Hybrid junior subordinated notes 1,000 — — — — — 1,000 CRBGLH notes 200 — 101 — — — 99 CRBGLH junior subordinated debentures 227 — — — — — 227 Total short-term and long-term debt issued by Corebridge $ 9,427 $ 250 $ 1,101 $ — $ 1,250 $ — $ 6,826 * CONSOLIDATED INVESTMENT ENTITIES CREDIT FACILITIES We also maintain a revolving credit facility that can be utilized exclusively by certain consolidated investment entities to acquire assets related to securitizations. Draws under this credit facility cannot be utilized for general corporate purposes. Prior to the pricing of the related securitizations, this credit facility has a limit of up to $250 million. Subsequent to pricing of the related securitizations, the limit is expected to increase to up to approximately $450 million. As of December 31, 2023, we have drawn $43 million under the credit facility. This cr edit facility has a maturity date of seven years. We also maintain revolving credit facilities that can exclusively be utilized by certain consolidated investment entities to acquire real estate assets. Draws under those credit facilities cannot be utilized for general corporate purposes. These credit facilities have consolidated limits of up t o $396 million. As of December 31, 2023, we have drawn $231 million

Separate Account Assets and Lia

Separate Account Assets and Liabilities	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Separate Account Assets and Liabilities	13. Separate Account Assets and Liabilities We report variable contracts within the separate accounts when investment income and investment gains and losses accrue directly to, and investment risk is borne by, the contract holder and the separate account meets additional accounting criteria to qualify for separate account treatment. The assets supporting the variable portion of variable annuity and variable universal life contracts that qualify for separate account treatment are carried at fair value and are reported as separate account assets, with an equivalent summary total reported as separate account liabilities. The assets of insulated accounts are legally segregated and are not subject to claims that arise from any of our other businesses. Policy values for variable products and investment contracts are expressed in terms of investment units. Each unit is linked to an asset portfolio. The value of a unit increases or decreases based on the value of the linked asset portfolio. The current liability at any time is the sum of the current unit value of all investment units in the separate accounts, plus any liabilities for MRBs. Amounts assessed against the policyholders for mortality, administrative and other services are included in policy fees. Investment performance (including investment income, net investment gains (losses) and changes in unrealized gains (losses)) and the corresponding amounts credited to policyholders of such separate accounts are offset within the same line in the 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: December 31, 2023 Individual Retirement Group Retirement Life Institutional Total (in millions) Equity Funds $ 25,451 $ 28,675 $ 819 $ 593 $ 55,538 Bond Funds 4,037 3,292 44 1,303 8,676 Balanced Funds 17,711 5,479 53 1,923 25,166 Money Market Funds 694 742 16 173 1,625 Total $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 December 31, 2022 Individual Retirement Group Retirement Life Institutional Total (in millions) Equity Funds $ 22,990 $ 24,608 $ 687 $ 581 $ 48,866 Bond Funds 3,802 4,081 46 1,321 9,250 Balanced Funds 17,663 5,113 49 1,939 24,764 Money Market Funds 723 559 17 674 1,973 Total $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 The following table presents the balances and changes in separate account liabilities: Year Ended December 31, 2023 Individual Retirement Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Premiums and deposits 1,408 1,374 36 41 2,859 Policy charges (1,241) (441) (49) (93) (1,824) Surrenders and withdrawals (3,744) (3,047) (25) (721) (7,537) Benefit payments (844) (557) (7) (68) (1,476) Investment performance 6,933 6,666 181 287 14,067 Net transfers from (to) general account and other 203 (168) (3) 31 63 Separate accounts balance, end of period $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 Cash surrender value * $ 46,911 $ 37,992 $ 911 $ 3,994 $ 89,808 Year Ended December 31, 2022 Individual Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 57,927 $ 45,138 $ 1,044 $ 5,002 $ 109,111 Premiums and deposits 2,420 1,611 37 69 4,137 Policy charges (1,325) (461) (51) (100) (1,937) Surrenders and withdrawals (3,320) (2,452) (22) (131) (5,925) Benefit payments (898) (613) (6) (59) (1,576) Investment performance (9,861) (8,479) (201) (319) (18,860) Net transfers from (to) general account and other 235 (383) (2) 53 (97) Separate accounts balance, end of period $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Cash surrender value * $ 44,124 $ 34,169 $ 777 $ 4,518 $ 83,588 Year Ended December 31, 2021 Individual Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 53,456 $ 41,310 $ 912 $ 4,612 $ 100,290 Premiums and deposits 4,081 1,979 49 76 6,185 Policy charges (1,368) (523) (52) (98) (2,041) Surrenders and withdrawals (4,261) (3,013) (32) (82) (7,388) Benefit payments (1,039) (615) (10) (23) (1,687) Investment performance 6,743 6,711 180 486 14,120 Net transfers from (to) general account and other 315 (711) (3) 31 (368) Separate accounts balance, end of period $ 57,927 $ 45,138 $ 1,044 $ 5,002 $ 109,111 Cash surrender value * $ 56,727 $ 44,909 $ 1,026 $ 4,993 $ 107,655 * 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	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingencies, Commitments and Guarantees	18. 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 AGL continues to defend against Moriarty v. American General Life Insurance Co. (S.D. Cal.), a putative class action involving Sections 10113.71 and 10113.72 of the California Insurance Code which was instituted against AGL on July 18, 2017. In general, those statutes require that for life-insurance policies issued and delivered in California: (1) the policy must contain a 60-day grace period during which the policy remains in force; (2) the insurer must provide a 30-day pre-lapse notice; and (3) the insurer must notify policy owners of the right to designate a secondary recipient for lapse notices. The Moriarty plaintiff contends AGL did not comply with these requirements for a policy issued before these statutes went into effect. The plaintiff seeks damages and other relief. AGL asserts various defenses to the plaintiff’s claims and to class certification. In 2022, the District Court held a trial was necessary to determine whether AGL was liable, and it denied class certification. In May 2023, the case was reassigned to a new judge. On August 14, 2023, the District Court granted the plaintiff’s motion for summary judgment on the plaintiff’s breach-of-contract claim. On September 26, 2023, the District Court decided that good cause exists to allow the plaintiff to file a third motion for class certification. At the same time, however, the District Court certified its August 14, 2013 order for interlocutory appeal to the Ninth Circuit and stayed trial-court proceedings pending the outcome of AGL’s appeal. The Ninth Circuit granted AGL’s petition for interlocutory appeal on November 21, 2023. Briefing in the Ninth Circuit appeal is expected to be complete in mid-2024, with a decision by the Ninth Circuit at some time after that. AGL is defending other actions in California involving similar issues: Allen v. Protective Life Insurance Co. (E.D. Cal.), filed on June 6, 2022, 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. (C.D. Cal.), which was filed on September 6, 2023 as a putative class action. However, Plaintiff filed an amended complaint on January 8, 2024 dropping the class action allegation against AGL and adding a sales agent as a defendant. These cases are in the early stages, and we expect their progress will be influenced by future developments in Moriarty and cases against other insurers involving the same statutes. We have accrued our current estimate of probable loss with respect to these litigation matters. LEASE COMMITMENTS We lease office space and equipment in various locations across jurisdictions in which the Company operates. The majority of the resulting obligation arising from these contracts is generated by our real estate portfolio, which only includes contracts classified as operating leases. As of December 31, 2023, the lease liability and corresponding right of use asset reflected in Other liabilities Other assets e $26 million and $20 million, respectively, and we made cash payments of $18 million in 2023 in connection with these leases. As of December 31, 2022, the lease liability and corresponding right of use asset reflected in Other liabilities Other assets The weighted average discount rate and lease term assumptions used in determining the liability are 4.4% and 4.08 years, respectively. The primary assumption used to determine the discount rate is the cost of funding for the Company, which is based on the secured borrowing rate for terms similar to the lease term, and for the major financial markets in which Corebridge operates. Rent expense was $17 million, $33 million and $21 million for the years ended December 31, 2023, 2022 and 2021, respectively. The following table presents the future undiscounted cash flows under operating leases at December 31, 2023: (in millions) 2024 $ 9 2025 7 2026 6 2027 3 2028 2 Remaining years after 2028 1 Total undiscounted lease payments 28 Less: Present value adjustment 2 Net lease liabilities $ 26 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 December 31, 2023. GUARANTEES Asset Dispositions We are subject to guarantees and indemnity arrangements in connection with the completed sales of businesses. The various arrangements may be triggered by, among other things, declines in asset values; the occurrence of specified business contingencies; the realization of contingent liabilities; developments in litigation; or breaches of representations, warranties or covenants provided by us. These arrangements are typically subject to various time limitations, defined by the contract or by operation of law, such as statutes of limitations. In some cases, the maximum potential obligation is subject to contractual limitations, while in other cases such limitations are not specified or are not applicable. We are unable to develop a reasonable estimate of the maximum potential payout under certain of these arrangements. Overall, we believe that it is unlikely we will have to make any material payments related to completed sales under these arrangements, and no material liabilities related to these arrangements have been recorded in the 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 American Home Assurance Company (“AHAC”) or National Union Fire Insurance Company of Pittsburgh, PA (“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 years ended December 31, 2023 or 2022. AGC was a party to a Capital Maintenance Agreement (“CMA”) with AIG. Among other things, the CMA provided that AIG would 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 year ended December 31, 2023. As of December 31, 2023 and 2022, the specified minimum capital percentage in the CMA was 250% . Effective December 31, 2023, the CMA was terminated. AIG Parent provides a full and unconditional guarantee of all outstanding notes and junior subordinated debentures of 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 years ended December 31, 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

Equity	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Equity	19. Equity RETAINED EARNINGS Dividends Declaration Date Record Date Payment Date Dividend Paid Per Common Share November 2, 2023 December 15, 2023 December 29, 2023 $ 0.23 October 31, 2023 (a) November 13, 2023 November 22, 2023 $ 1.16 August 3, 2023 September 15, 2023 September 29, 2023 $ 0.23 June 1, 2023 (b) 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 (a) On October 31, 2023, we declared a special dividend of $1.16 per share on our common stock, payable on November 22, 2023 to stockholders of record at the close of business on November 13, 2023. (b) 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 year ended December 31, 2022, Corebridge paid cash dividends of $876 million. Dividends Declared On February 14, 2024, the Company declared a cash dividend on Corebridge common stock of $0.23 per share, payable on March 29, 2024 to shareholders of record at close of business on March 15, 2024. Prior to completion of the Reorganization on December 31, 2021, the following significant transactions were recorded in Shareholders’s net investment. Distributions For the year ended December 31, 2021 Corebridge distributed dividends to AIG in the amount of $13.1 billion, including $8.3 billion on November 1, 2021, as well as a dividend from the sale of Corebridge’s interests in a U.S. affordable housing portfolio. Refer to Note 1 for additional information. For the year ended December 31, 2021, SAFG Capital re turned capital to AIG in the amount of $536 million. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents a rollforward of Accumulated other comprehensive income (loss): 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, 2020, net of tax $ (62) $ 14,698 $ — $ — $ — $ 11 $ 6 $ 14,653 Cumulative effect of change in accounting principles — 3,235 (1,838) (3,746) — — — (2,349) Change in unrealized depreciation of investments 39 (7,496) — — — — — (7,457) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 226 — — — — 226 Change in discount rates assumptions of certain liabilities — — — 1,719 — — — 1,719 Change in future policy benefits and other — 458 — — — — — 458 Change in foreign currency translation adjustments — — — — — (22) — (22) Change in net actuarial loss — — — — — — 1 1 Change in deferred tax asset (liability) (8) 1,400 (47) (363) — 2 — 984 Total other comprehensive income (loss) 31 (5,638) 179 1,356 — (20) 1 (4,091) Other — 20 — — — — — 20 Less: Noncontrolling interests — — — — — — — — Balance, December 31, 2021, net of tax $ (31) $ 12,315 $ (1,659) $ (2,390) $ — $ (9) $ 7 $ 8,233 Change in unrealized depreciation of investments (78) (40,323) — — — — — (40,401) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 1,635 — — — — 1,635 Change in discount rates assumptions of certain liabilities — — — 6,746 — — — 6,746 Change in future policy benefits and other — 1,822 — — — — — 1,822 Change in cash flow hedges — — — — 203 — — 203 Change in foreign currency translation adjustments — — — — — (109) — (109) Change in net actuarial loss — — — — — — 2 2 Change in deferred tax asset (liability) 17 6,806 (341) (1,448) (46) 8 — 4,996 Total other comprehensive income (loss) (61) (31,695) 1,294 5,298 157 (101) 2 (25,106) Less: Noncontrolling interests — — — — — (10) — (10) Balance, December 31, 2022, net of tax $ (92) $ (19,380) $ (365) $ 2,908 $ 157 $ (100) $ 9 $ (16,863) Change in unrealized depreciation of investments * 28 5,962 — — — — — 5,990 Change in fair value of market risk benefits attributable to changes in our own credit risk — — (695) — — — — (695) Change in discount rates assumptions of certain liabilities — — — (1,029) — — — (1,029) Change in future policy benefits and other (11) (347) — — — — — (358) Change in cash flow hedges — — — — (16) — — (16) Change in foreign currency translation adjustments — — — — — 39 — 39 Change in net actuarial loss — — — — — — (7) (7) Change in deferred tax asset (liability) (4) (885) 151 216 5 9 — (508) Total other comprehensive income (loss) 13 4,730 (544) (813) (11) 48 (7) 3,416 Less: Noncontrolling interests — — — — — 11 — 11 Balance, December 31, 2023, net of tax $ (79) $ (14,650) $ (909) $ 2,095 $ 146 $ (63) $ 2 $ (13,458) * Includes net unrealized gains and losses attributable to held-for-sale businesses at December 31, 2023. The following table presents the OCI reclassification adjustments for the years ended December 31, 2023, 2022, and 2021 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 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 Year Ended December 31, 2023 Unrealized change arising during period $ — $ 5,281 $ (695) $ (1,029) $ (16) $ 39 $ — $ 3,580 Less: Reclassification adjustments included in net income (17) (334) — — — — 7 (344) Total other comprehensive income (loss), before income tax expense (benefit) 17 5,615 (695) (1,029) (16) 39 (7) 3,924 Less: Income tax expense (benefit) 4 885 (151) (216) (5) (9) — 508 Total other comprehensive income (loss), net of income tax expense (benefit) $ 13 $ 4,730 $ (544) $ (813) $ (11) $ 48 $ (7) $ 3,416 Year Ended December 31, 2022 Unrealized change arising during period $ (89) $ (39,049) $ 1,635 $ 6,746 $ 203 $ (109) $ 2 $ (30,661) Less: Reclassification adjustments included in net income (11) (548) — — — — — (559) Total other comprehensive income (loss), before income tax expense (benefit) (78) (38,501) 1,635 6,746 203 (109) 2 (30,102) Less: Income tax expense (benefit) (17) (6,806) 341 1,448 46 (8) — (4,996) Total other comprehensive income (loss), net of income tax expense (benefit) $ (61) $ (31,695) $ 1,294 $ 5,298 $ 157 $ (101) $ 2 $ (25,106) Year Ended December 31, 2021 Unrealized change arising during period $ 39 $ (6,290) $ 226 $ 1,719 $ — $ (21) $ 1 $ (4,326) Less: Reclassification adjustments included in net income — 748 — — — — — 748 Total other comprehensive income (loss),before income tax expense (benefit) 39 (7,038) 226 1,719 — (21) 1 (5,074) Less: Income tax expense (benefit) 8 (1,400) 47 363 — (1) — (983) Total other comprehensive income (loss), net of income tax expense (benefit) $ 31 $ (5,638) $ 179 $ 1,356 $ — $ (20) $ 1 $ (4,091) 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 Consolidated Statements of Income (Loss)*: Amount Reclassified from AOCI Affected Line Item in the Consolidated Statements of Income (Loss) Years Ended December 31, (in millions) 2023 2022 2021 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ (17) $ (11) $ — Net realized gains (losses) Total (17) (11) — Unrealized appreciation (depreciation) of all other investments Investments (334) (548) 748 Net realized gains (losses) Total (334) (548) 748 Change in retirement plan liabilities adjustment Actuarial losses 7 — — Net (gain) loss on divestitures and General operating expenses Total 7 — — Total reclassifications for the period $ (344) $ (559) $ 748 * The following items are not reclassified out of AOCI and included in the 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: Years Ended December 31, (in millions) 2023 2022 2021 Beginning balance $ 939 $ 1,759 $ 2,549 Net income attributable to redeemable noncontrolling interest (68) 320 929 Other comprehensive loss, net of tax 11 (10) — Changes in noncontrolling interests due to divestitures and acquisitions (19) (104) (373) Contributions from noncontrolling interests 96 155 264 Distributions to noncontrolling interests (91) (1,181) (1,611) Other 1 — 1 Ending balance $ 869 $ 939 $ 1,759 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: Years Ended December 31, (in millions) 2022 2021 Beginning balance $ 83 $ 51 Distributions to noncontrolling interests (83) — Contributions from noncontrolling interests — 32 Net income attributable to redeemable noncontrolling interest — — Ending balance $ — $ 83

Earnings Per Common Share

Earnings Per Common Share	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Common Share	20. Earnings Per Common Share The 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 years ended December 31, 2023, 2022 and 2021: Years Ended December 31, (in millions, except per common share data) 2023 2022 2021 Numerator for EPS: Net income (loss) $ 1,036 $ 8,479 N/A Less: Net income (loss) attributable to noncontrolling interests (68) 320 N/A Net income (loss) attributable to Corebridge common shareholders $ 1,104 $ 8,159 N/A Net income attributable to Class A shareholders N/A N/A $ 7,658 Net income attributable to Class B shareholders N/A N/A $ 584 Denominator for EPS (a) : Weighted average common shares outstanding - basic 643.3 646.1 N/A Dilutive common shares (b) 1.9 1.3 N/A Weighted average common shares outstanding - diluted 645.2 647.4 N/A Common stock Class A - basic and diluted N/A N/A 581.1 Common stock Class B - basic and diluted N/A N/A 63.9 Income per common share attributable to Corebridge common shareholders (a) Basic: Common stock - Basic $ 1.72 $ 12.63 N/A Common stock Class A N/A N/A $ 13.18 Common stock Class B N/A N/A $ 9.14 Diluted: Common stock - Diluted $ 1.71 $ 12.60 N/A Common stock Class A N/A N/A $ 13.18 Common stock Class B N/A N/A $ 9.14 (a) The results of the September 6, 2022 stock split have been applied retroactively for all periods prior to September 6, 2022. (b) Potential dilutive common shares include our share-based employee compensation plans. The number of common shares excluded from dilutive shares outstanding was approximately and 0.9 million and 41 thousand for the years ended December 31,

Statutory Financial Data and Re

Statutory Financial Data and Restrictions	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Statutory Financial Data and Restrictions	Statutory Financial Data and Restrictions The following table presents statutory net income (loss) and capital and surplus for our insurance operations companies in accordance with statutory accounting practices: (in millions) 2023 2022 2021 Years Ended December 31, Statutory net income (loss) * : Insurance Operations companies: Domestic $ 3,354 $ 3,091 $ 2,588 Foreign (51) 4 (4) Total Insurance Operations companies $ 3,303 $ 3,095 $ 2,584 December 31, Statutory capital and surplus * : Insurance Operations companies: Domestic $ 14,752 $ 12,229 Foreign 467 476 Total Insurance Operations companies $ 15,219 $ 12,705 Aggregate minimum required statutory capital and surplus: Insurance Operations companies: Domestic $ 4,025 $ 4,057 Foreign 223 189 Total Insurance Operations companies $ 4,248 $ 4,246 * These amounts reflect our best estimate of the statutory net income, capital and surplus as of the dates these financial statements were issued. Our insurance subsidiaries file financial statements prepared in accordance with statutory accounting practices prescribed or permitted by domestic and foreign insurance regulatory authorities. The principal differences between statutory financial statements and financial statements prepared in accordance with U.S. GAAP for domestic companies are that statutory financial statements do not reflect DAC, most bond portfolios may be carried at amortized cost, investment impairments are determined in accordance with statutory accounting practices, assets and liabilities are presented net of reinsurance, policyholder liabilities are generally valued using more conservative assumptions and certain assets are non-admitted. For domestic insurance subsidiaries, aggregate minimum required statutory capital and surplus is based on the greater of the Risk-Based Capital (“RBC”) level that would trigger regulatory action or minimum requirements per state insurance regulation. Capital and surplus requirements of our foreign subsidiaries differ from those prescribed in the United States and can vary significantly by jurisdiction. At both December 31, 2023 and 2022, all domestic and foreign insurance subsidiaries individually exceeded the minimum required statutory capital and surplus requirements and all domestic insurance subsidiaries individually exceeded RBC minimum required levels. For foreign insurance companies, financial statements are prepared in accordance with local regulatory requirements. These accounting practices differ from U.S. GAAP primarily by different rules on deferral of policy acquisition costs, amortization of deferred acquisition costs, and establishing future policy benefit liabilities using different actuarial assumptions, as well as valuing for deferred taxes on a different basis. Regulation XXX requires U.S. life insurers to establish additional statutory reserves for term life insurance policies with long-term premium guarantees and ULSGs. In addition, Guideline AXXX clarifies the application of Regulation XXX as to these guarantees, including certain ULSGs. Domestic life insurance subsidiaries manage the capital impact of statutory reserve requirements under Regulation XXX and Guideline AXXX through unaffiliated and affiliated reinsurance transactions. The domestic affiliated life insurer providing reinsurance capacity for such transactions is a fully licensed insurance company and is not formed under captive insurance laws. We have an intercompany reinsurance arrangement with CRBG Bermuda whereby certain Regulation XXX and Guideline AXXX reserves related to a closed block of in-force business are ceded to CRBG Bermuda. CRBG Bermuda had a $250 million letter of credit guaranteed by AIG that is used to support the credit for reinsurance provided by CRBG Bermuda. Effective May 9, 2022, the letter of credit was reduced from $250 million to $175 million, and effective May 12, 2022, Corebridge Parent has replaced AIG as the guarantor. Effective May 25, 2023, the letter of credit was reduced from $175 million to $125 million. STATUTORY PERMITTED ACCOUNTING PRACTICE At December 31, 2023 and 2022, AGL used the following permitted practice that resulted in reported statutory surplus or risk-based capital that is significantly different from the statutory surplus or risk based capital that would have been reported had National Association of Insurance Commissioners (“NAIC”) statutory accounting practices or the prescribed regulatory accounting practices of their respective state regulator been followed in all respects: • Effective December 31, 2020 and periods through September 30, 2023, AGL, a life insurance subsidiary domiciled in Texas, renewed a permitted statutory accounting practice to recognize an admitted asset related to the notional value of coverage defined in an excess of loss (“XOL”) reinsurance agreement with a 20-year term that provides coverage to AGL for aggregate claims incurred during the agreement term associated with guaranteed living benefits on certain fixed index annuities generally issued prior to April 2019 (“Block 1”) exceeding an attachment point as defined in the agreement. This permitted practice was previously expanded on October 1, 2020 to similarly recognize an additional admitted asset related to the net notional value of coverage as defined in a separate XOL reinsurance agreement with a 25-year term that provides coverage to the subsidiary for aggregate XOL claims associated with guaranteed living benefits on a block of fixed index annuities generally issued in April 2019 or later, including certain new business issued after the effective date (“Block 2”). • Effective September 30, 2023, the permitted practice for Block 1 and Block 2 was extended through September 30, 2026 and the. maximum notional value of Block 2 was increased for certain new business.Effective October 1, 2022 and periods through September 30, 2023, this permitted practice was expanded to similarly recognize an additional admitted asset related to the net notional value of coverage as defined in a separate XOL agreement with a 25-year term that provides coverage to the subsidiary for aggregate XOL claims associated with the base contract along with the guaranteed living benefits rider on a block of fixed annuities inforce on the treaty effective date, including certain new business issued after the effective date (“Block 3”). Effective September 30, 2023, the permitted practice for Block 3 was extended through September 30, 2026 and the maximum notional value was increased for certain new business. The permitted practice resulted in an increase in the statutory surplus of AGL of approximately $1.7 billion and $1.0 billion at December 31, 2023 and 2022, respectively. SUBSIDIARY DIVIDEND RESTRICTIONS Payments of dividends to us by our insurance subsidiaries are subject to certain restrictions imposed by laws and regulations of their respective domiciliary jurisdictions. With respect to our domestic insurance subsidiaries, the payment of any dividend requires formal notice to the insurance department in which the particular insurance subsidiary is domiciled. Additionally, prior approval from such insurance regulator is required when the amount of the dividend is above certain regulatory thresholds. For example, under the insurance law of the State of Texas, where two of our four domestic insurance subsidiaries are incorporated, our Texas-domiciled insurance companies (AGL and VALIC) are each permitted, without prior insurance regulatory approval, to pay a dividend to its shareholder as long as the amount of the dividend when aggregated with all other dividends made in the preceding 12 months does not exceed the greater of: (i) 10% of its policyholder surplus as of the end of the immediately preceding calendar year; or (ii) its net gain from operations for the immediately preceding calendar year (excluding realized gains), not including pro rata distributions of such insurance company’s own securities. AGL and VALIC, as the case may be, will be permitted to pay a dividend to its shareholder in excess of the greater of such two amounts (i.e., an extraordinary dividend) only if it files notice of the declaration of such an extraordinary dividend and the amount thereof with the Texas Commissioner of Insurance and the Texas Commissioner either approves the distribution of the extraordinary dividend or does not disapprove the distribution within 30 days of its filing. In addition, any dividend that exceeds earned surplus (generally defined as “unassigned funds (surplus)”) calculated as of the most recent financial information available requires insurance regulatory approval. Under the Texas insurance law, the Texas Commissioner has broad discretion in determining whether the financial condition of a stock life insurance company would support the payment of such dividends to its shareholder(s). Substantially similar provisions exist under Missouri law governing payment of dividends by our Missouri-domiciled insurance holding company (AGC Life), and more restrictive provisions exist under New York insurance laws governing payment of dividends by our New York-domiciled insurance company (USL). As our operating insurance subsidiaries (AGL, VALIC and USL) are wholly-owned by AGC Life, all dividends from these subsidiaries must be distributed through AGC Life to us and are, thus, subject to notice and/or prior approval or non-disapproval of the Missouri Department of Insurance. The maximum amount, before considering the dividend tests discussed below, that would qualify as an ordinary dividend, which would consequently be free from restriction and available for payment of dividends to AGC Life (as immediate parent company), by AGL, VALIC and USL in 2024, based upon financial information as of December 31, 2023, is estimated to b e $1.5 billion. Specific to AGC Life, the maximum amount that would qualify as an ordinary dividend, which would consequently be free from restriction and available for payment of dividends to Corebridge in 2024, based upon financial information as of December 31, 2023 is estimated to be $4.2 billion , subject to availability of earned surplus as required under Missouri insurance law. The estimated ordinary dividend capacities of our insurance companies in Texas and Missouri are further limited by the fact that dividend tests under Texas and Missouri insurance laws are based on dividends previously paid over rolling twelve-month periods. Consequently, depending on the actual payment dates during 2024, some or all of the dividends estimated to be ordinary in 2024 may require regulatory approval or non-disapproval. Similar to our domestic insurance companies, our international insurance subsidiaries’ ability to pay dividends to us is also subject to regulatory requirements imposed by the jurisdictions in which they are domiciled. These requirements include, for example, prior notification of intent to pay a dividend, satisfying certain earnings, reserve or solvency thresholds in order to pay a dividend, and obtaining regulatory approval for payment of any dividend in excess of stated limits. To our knowledge, no Corebridge insurance company is currently on any regulatory or similar “watch list” with regard to solvency. COREBRIDGE DIVIDEND RESTRICTIONS

Share-Based Compensation Plans

Share-Based Compensation Plans	12 Months Ended
	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation Plans	Share-Based Compensation Plans AIG Equity Awards Prior to the IPO, certain of our employees received grants of equity awards under the AIG Long Term Incentive Plan (as amended) and its predecessor plan, the AIG 2013 Long Term Incentive Plan (each as applicable, the “LTIP”), which are governed by the AIG 2013 Omnibus Incentive Plan (“Omnibus Plan”). The value of AIG equity awards are linked to the performance of AIG’s common stock. AIG granted equity awards to our employees primarily in the form of AIG restricted stock units (“RSUs”) but also granted AIG performance share units (“PSUs”) and AIG stock options to certain executives. AIG RSUs and AIG stock options granted to our employees by AIG will be earned based solely on continued service by the participant while AIG PSUs will be earned based on both continued service and AIG achieving specified performance goals at the end of a three-year performance period. These performance goals were pre-established by AIG’s Compensation and Management Resources Committee (“CMRC”) for each annual grant. The actual number of PSUs earned can vary from zero to 200% of the amount granted. Vesting occurs on January 1 of the year immediately following the end of the three-year performance period. Prior to 2021, long term incentive (“LTI”) awards accrued dividend equivalent units (“DEUs”) in the form of additional PSUs and/or RSUs whenever a cash dividend is declared on shares of AIG Common Stock; the DEUs were subject to the same vesting terms and conditions as the underlying unit. Beginning in 2021, PSUs and RSUs granted via the annual 2021 LTI award (as of the date of grant), and those existing from the 2020 LTI awards (as of the third quarter) accrue dividend equivalent rights (“DERs”) as AIG’s dividends are declared. These DERs will be settled in cash only if the underlying units’ vesting conditions are met; previously accrued DEUs were not impacted by this change. The fair value of AIG RSUs and AIG PSUs that are earned solely based on certain AIG-specific metrics was based on the closing price of AIG Common Stock on the grant date; while the fair value of AIG PSUs that are earned based on AIG’s relative total shareholder return (“TSR”) was determined on the grant date using a Monte Carlo simulation. The fair value of AIG stock options was estimated on the grant date using the Black-Scholes model. Corebridge Equity Awards The Company’s employees participated in several stock compensation programs under the Corebridge Financial, Inc. Long-term Incentive Plan (each as applicable, the “LTIP”), which are governed by the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan, as amended and restated on February 16, 2023, (the “2022 Plan”, together with the LTIP, the “Corebridge Plans”). Equity awards may be granted under the Corebridge 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 Corebridge 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. Corebridge’s 2023 LTIP provides for an annual award to certain employees, including our senior executive officers and other highly compensated employees, that may comprise a combination of one or more of the following units: RSUs or stock options. RSUs and stock options are earned based solely on continued service by the participant and vesting occurs in three equal installments on the first, second and third anniversaries of the grant date. Recipients must be employed at each vesting date to be entitled to share delivery, except upon the occurrence of an accelerated vesting event, such as an involuntary termination without cause, disability, retirement eligibility or death during the vesting period. However, for involuntarily terminated employees hired after April 1, 2022, unvested RSUs and stock options are forfeited on the termination date. Dividends on RSUs accrue in cash and vest over the three year service period. RSU Conversion All AIG RSUs that were held by our active employees on September 14, 2022 (the pricing date for the IPO) were converted into RSUs linked to the performance of CRBG Stock (“Corebridge RSUs”), on terms and conditions that are substantially the same as the corresponding AIG RSUs, with the number of AIG RSUs adjusted in a manner intended to preserve their intrinsic value as of immediately before and immediately following the conversion (subject to rounding). Specifically, the AIG RSUs were converted to Corebridge RSUs based on a conversion factor of 2.580952. The conversion factor was determined by the AIG closing stock price on September 14 ($54.20) divided by the public offering price for CRBG Stock in the IPO ($21.00). The following table presents our total direct share-based compensation expense which is settled as part of our quarterly intercompany process. This table reflects both AIG equity awards and Corebridge RSUs: Years Ended December 31, (in millions) 2023 2022 2021 Share-based compensation expense - pre-tax (a) $ 60 $ 75 $ 88 Share-based compensation expense - after tax (b) $ 48 $ 59 $ 70 (a) As a result of accelerated vesting events, such as retirement eligibility in the year of grant and involuntary terminations, we recognized $24 million, $25 million and $17 million in 2023, 2022, and 2021, respectively, prior to the end of the specified vesting periods. It is our policy to reverse compensation expense for forfeited awards when they occur. (b) The income tax expense (benefit), excluding foreign jurisdictions, was computed using the U.S. statutory tax rate of 21%. The following table summarizes outstanding share-settled LTI awards: As of or for the Year Ended December 31, 2023 2022 Number of Units Weighted Average Grant Date Fair Value* Number of Units Weighted Average Grant Date Fair Value Unvested, beginning of year 6,537,155 $ 21.00 — $ — Granted 2,907,967 19.81 10,328,220 21.00 Vested (4,725,911) 18.70 (3,674,973) 21.00 Forfeited (565,681) 19.07 (116,092) 21.00 Unvested, end of year 4,153,530 $ 19.64 6,537,155 $ 21.00 * The fair value of RSUs granted was based on the average closing price of Corebridge common stock over the five trading days preceding the grant date. At December 31, 2023 , the total unrecognized compensation cost for outstanding RSUs was $35 million, the weighted-average period of years over which that cost is expected to be recognized is 1 year. Stock Options Stock options were granted to certain Corebridge employees beginning with the 2023 LTIP. Option awards are generally granted with an exercise price equal to the market price of the company’s stock on the grant date and are exercisable up to 10 years from the date of grant, or 3 years from the date of an involuntary termination or the option's expiration date, if earlier. The fair value of the time-vesting options was estimated on the grant date using the Black-Scholes model using the assumptions noted in the following table. The following weighted-average assumptions were used for stock options granted: 2023 Expected annual dividend yield (a) 4.63 % Expected volatility (b) 43.26 % Risk-free interest rate (c) 4.03 % Expected term (d) 6.00 years (a) The dividend yield is the last CRBG dividend from Bloomberg times 4 divided by the stock price. (b) The expected volatility is based on the implied volatility of 24 months stock option estimated by the Bloomberg Professional service as of the valuation date. (c) The risk-free interest rate is the continuously compounded interest rate for the term between the valuation date and the expiration date that is assumed to be constant and equal to the interpolated value between the closest data points on the U.S. Treasury curve as of the valuation date. (d) The contractual term is 10 years from the date of grant. The following table provides a rollforward of stock option activity: As of or for the Year Ended December 31, 2023 Units Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Values (in millions) Outstanding, beginning of year — $ — 0.00 — Granted 826,025 19.95 Exercised — — Forfeited (105,348) 20.30 Outstanding, end of year 720,677 $ 20.12 9.12 1.27 Exercisable, end of year 393,961 $ 20.30 9.08 $ 0.54 The weighted average grant date fair value of stock options granted during 2023 was $5.93. As of December 31, 2023, we recognized $3 million of expense, while $1 million was unrecognized and is expected to be amortized up to 2.25 years. No options were exercised during 2023. Non-Employee Plan Our non-employee directors, who serve on our Board of Directors, receive share-based compensation in the form of fully vested deferred stock units (“DSUs”) with delivery deferred until retirement from the Board. DSUs accrue dividend equivalents from the award grant date until the shares are delivered, and are paid in cash upon issuance. In 2023 we granted to non-employee directors 71,356 DSUs, and recognized expense of $1 million.

Employee Benefits

Employee Benefits	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
Employee Benefits	Employee Benefits PENSION PLANS Certain employees and retirees participate in U.S. defined benefit pension plans sponsored by AIG that include participants from other affiliates of AIG (the “Pension Plans”). These plans are closed to new participants and current participants no longer earn benefits (i.e., the plans are frozen). As sponsor of these plans, AIG is ultimately responsible for maintenance of these plans in compliance with applicable laws. Following the IPO, we have ceased to be a participating affiliate in, and do not have any liability with respect to, the Pension Plans. Prior to the IPO, we accounted for the Pension Plans as multiemployer benefit plans. Accordingly, we did not record an asset or liability to recognize the funded status of the Pension Plans. We recognized a liability only for any required contributions to the Pension Plans that were accrued and unpaid at the balance sheet date. The Company’s allocated share of AIG’s net pension credits recorded in the Consolidated Statements of Income (Loss) was $0.3 million , $27 million and $52 million for the years ended December 31, 2023, 2022 and 2021, respectively. In addition, certain employees in Ireland participate in a defined benefit pension plan sponsored by the Company (the “Irish Plan”), registered with the Irish Pensions Board under the Pensions Act of 1990 in Ireland. The Irish Plan does not include participants from other affiliates of AIG and was closed to new participants after December 2005, and to future service accrual for active members after July 2017. Members with benefits under the Irish Plan are not required to contribute to it. Effective with the sale of Laya on October 31, 2023, Corebridge no longer has any obligations or liability with respect to the Irish Plan. The projected benefit obligation and the fair value of plan assets recorded in the Consolidated Balance Sheets was $15 million and $22 million, respectively, as of December 31, 2022. POSTRETIREMENT PLANS Prior to August 22, 2022, AIG provided postemployment medical and life benefits for certain retired employees (the “Benefits”). Since August 22, 2022, the Benefits are provided by Corebridge Parent with certain limited exceptions. The Company’s postretirement benefit expense recorded in the Consolidated Statements of Income (Loss) was $1 million, $1 million and $3 million for the years ended December 31, 2023, 2022 and 2021 respectively. The related projected benefit obligation recorded in the Consolidated Balance Sheets was $33 million and $37 million as of December 31, 2023 and 2022, respectively . The Benefits are based upon the employee attaining the age of 55 and having a minimum of ten years of service, which was reduced to 5 years in 2019 for medical coverage only. Eligible employees who have medical coverage can enroll in retiree medical upon termination of employment. Medical benefits are contributory, while the life insurance benefits, which are closed to new employees, are generally non-contributory. Retiree medical contributions vary from none for pre-1989 retirees to actual premium payments reduced by certain subsidies for post-1992 retirees. These retiree contributions are subject to annual adjustments. Other cost sharing features of the medical plan include deductibles, coinsurance, Medicare coordination, and an employer subsidy for grandfathered employees only. DEFINED CONTRIBUTION PLANS Prior to August 22, 2022, employees participated in AIG’s qualified defined contribution plan that provided for contributions by employees, as well as an employer contribution. On August 22, 2022, participants’ accounts in the AIG plan were transferred to the Corebridge Financial Inc. Retirement Savings 401(k) Plan. The Company’s contributions relating to these plans were $68 million, $76 million and $74 million for the years ended December 31, 2023, 2022 and 2021, respectively. In addition, the Company sponsors defined contribution plans for certain non-U.S. employees which also provide for contributions by employees, as well as an employer contribution. The Company’s contributions relating to these plans were $7 million , $8 million and $8 million for the years ended December 31, 2023, 2022 and 2021, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	24. 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 in 2028. The balance sheet classification of U.S. federal current and deferred tax assets/liabilities is based on the respective separate U.S. Federal tax filing groups. Under the U.S. tax rules, tax attribute carryforwards at the time of tax deconsolidation remain with the relevant Corebridge entities and will be available for utilization by the respective Corebridge U.S. federal tax filing groups following tax deconsolidation from AIG. Our tax attribute carryforwards will continue to be adjusted based on changes to prior year tax returns in which Corebridge entities were included as part of the AIG consolidated federal income tax return, Our provision for state income taxes includes jurisdictions in which we continue to file combined tax returns with AIG and certain other states in which we file separate tax returns. State and local net operating loss carryforwards represent separate company tax attribute carryforwards not utilized on a combined basis, as applicable. As discussed in Note 1, SAFG Capital and certain of its subsidiaries were not transferred to Corebridge parent as part of the internal reorganization executed during the fourth quarter of 2021 and have therefore been adjusted through Shareholders’ equity in the Company’s Consolidated Financial Statements. This adjustment includes historical reserves for uncertain tax positions and deferred tax assets related to the tax attribute carryforwards of SAFG Capital and certain of its affiliates which were part of the prior period balance sheet. We calculate our provision for income taxes using the asset and liability method. This method considers the future tax consequences of temporary differences between the financial reporting and the tax basis of assets and liabilities measured using currently enacted tax rates. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. RECLASSIFICATION OF CERTAIN TAX EFFECTS FROM ACCUMULATED OTHER COMPREHENSIVE INCOME Corebridge uses 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. EFFECTIVE TAX RATE The following table presents income (loss) before income tax expense (benefit) by U.S. and foreign location in which such pre-tax income (loss) was earned or incurred: Years Ended December 31, (in millions) 2023 2022 2021 U.S. $ 972 $ 10,449 $ 10,600 Foreign (32) 42 654 Total $ 940 $ 10,491 $ 11,254 The following table presents the income tax expense (benefit) attributable to pre-tax income (loss): Years Ended December 31, (in millions) 2023 2022 2021 U.S. and Foreign components of actual income tax expense: U.S.: Current $ 311 $ 868 $ 1,943 Deferred (400) 1,150 146 Foreign: Current (5) 10 3 Deferred (2) (16) (10) Total $ (96) $ 2,012 $ 2,082 Our actual income tax (benefit) expense differs from the statutory U.S. federal amount computed by applying the federal income tax rate due to the following: Years Ended December 31, 2023 2022 2021 (dollars in millions) Pre-Tax Tax Percent of Pre-Tax Tax Percent of Pre-Tax Tax Percent of U.S. federal income tax at statutory rate $ 940 $ 197 21 % $ 10,491 $ 2,203 21 % $ 11,254 $ 2,363 21 % Adjustments: Uncertain tax positions — — — — 2 — — (69) (0.6) Dispositions of subsidiaries — (99) (10.5) — — — — — — Reclassifications from accumulated other comprehensive income — (52) (5.5) — (84) (0.7) — (108) (1.0) Noncontrolling interest — 14 1.5 — (67) (0.6) — (197) (1.7) Dividends received deduction — (59) (6.3) — (36) (0.3) — (37) (0.3) Tax deconsolidation and separation costs — — — (104) (1.0) — — — State and local income taxes — 12 1.3 — 24 0.2 — 105 0.9 Other — (3) (0.4) — (29) (0.3) — (2) — Adjustments to deferred tax assets — (40) (4.3) — — — — — — Adjustments to prior year tax returns — (67) (7.1) — (48) (0.5) — (3) — Share based compensation payments excess tax deduction — (10) (1.1) — (6) (0.1) — 4 — Valuation allowance — 11 1.2 — 157 1.5 — 26 0.2 Consolidated total amounts $ 940 $ (96) (10.2) % $ 10,491 $ 2,012 19.2 % $ 11,254 $ 2,082 18.5 % For the year ended December 31, 2023, there was a tax benefit on income from operations, resulting in an effective tax rate on income from operations of (10.2)%. The effective tax rate on income from operations differs from the statutory tax rate of 21% primarily due to tax benefits of $95 million of associated with the establishment of outside basis as a result of the held-for-sale designation of Laya and AIG Life, $67 million associated with tax adjustments related to prior year returns, $59 million dividends received deduction, $52 million reclassifications from accumulated other comprehensive income to income from operations related to the disposal of available-for-sale securities, and $40 million adjustments to deferred tax assets. These tax benefits were partially offset by tax charges of $14 million as a result of noncontrolling interest, $12 million related to state and local income taxes, and $11 million additional valuation allowance establishment. For the year ended December 31, 2022, there was a tax expense on income from operations, resulting in an effective tax rate on income from operations of 19.2%. The effective tax rate on income from operations differs from the statutory tax rate of 21.0% primarily due to tax benefits of $104 million of associated with the tax deconsolidation from AIG, $84 million reclassifications from accumulated other comprehensive income to income from operations related to the disposal of available-for-sale securities, $67 million associated with noncontrolling interest, and $36 million dividends received deduction. These tax benefits were partially offset by a tax charge of $157 million additional valuation allowance establishment primarily as a result of the tax deconsolidation. For the year ended December 31, 2021, there was a tax expense on income from operations, resulting in an effective tax rate on income from operations of 18.5%. The effective tax rate on loss from operations differs from the statutory tax rate of 21.0% primarily due to tax benefits of $108 million of reclassifications from accumulated other comprehensive income to income from operations related to the disposal of available-for-sale securities, $197 million associated with noncontrolling interest, $37 million dividends received deduction, and $69 million primarily associated with the release of reserves for uncertain tax positions, penalties and interest related to the recent completion of audit activity by the IRS. These tax benefits were partially offset by a tax charge of $105 million related to state and local income taxes and $18 million associated with the establishment of U.S. federal valuation allowance related to certain tax attribute carryforwards. As a result of the held-for-sale designation of AIG Life and sale of Laya, as of December 31, 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. The following table presents the components of the net deferred tax assets (liabilities): December 31, (in millions) 2023 2022 Deferred tax assets: Losses and tax credit carryforwards $ 453 $ 572 Basis differences on investments 3,446 2,989 Life policy reserves 1,532 1,561 Accruals not currently deductible, and other — 61 Investments in foreign subsidiaries 49 — Fixed assets and intangible assets 1,328 885 Other 406 439 Employee benefits 72 81 Unrealized losses related to available-for-sale debt securities 3,751 4,928 Unearned premium reserve reduction — 144 Market risk benefits 1,004 828 Total deferred tax assets 12,041 12,488 Deferred tax liabilities: Fortitude Re funds withheld embedded derivative (712) (863) Accruals not currently deductible, and other (184) — Deferred policy acquisition costs (1,546) (1,504) Total deferred tax liabilities (2,442) (2,367) Net deferred tax assets before valuation allowance 9,599 10,121 Valuation allowance (1,372) (1,752) Net deferred tax assets (liabilities) $ 8,227 $ 8,369 As of December 31, 2023, on a U.S. GAAP basis, we have U.S. federal net operating loss carryforwards of $133 million and CAMT credit carryforwards of $215 million. Net operating loss carryforwards of the Non-Life Group of $101 million have carryforward periods expiring after 2028. Our remaining tax attribute carryforwards have unlimited carryforward periods. A valuation allowance has been recorded on net operating loss carryforwards of the Non-Life Group, as discussed below. 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. Recent events, including the IPO, multiple 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. The completion of the IPO resulted in the tax deconsolidation from the AIG Consolidated Tax Group. As discussed above, under applicable 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. 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 the U.S. consolidated federal income tax return with the Non-Life Group in 2028. 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. During 2023 we recorded an increase in valuation allowance 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. As of December 31, 2023, the balance sheet reflects a valuation allowance of $162 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 year ended December 31, 2023, recent changes in market conditions, including rising interest rates, impacted the unrealized tax capital gains and losses in the U.S. Life Insurance Companies’ available-for-sale securities portfolio, resulting in a deferred tax asset related to net unrealized tax capital losses. The deferred tax asset relates to the unrealized capital losses for which the carryforward period has not yet begun, and as such, when assessing its recoverability, we consider our ability and intent to hold the underlying securities to recovery. As of December 31, 2023, based on all available evidence, we concluded that a valuation allowance should be established on a portion of the deferred tax asset related to unrealized capital losses that are not more likely than not to be realized. For the year ended December 31, 2023, we recorded a decrease in valuation allowance of $397 million associated with the unrealized tax capital losses in the U.S. Life Insurance Companies’ available-for-sale securities portfolio. As of December 31, 2023, the balance sheet reflects a valuation allowance of $1 billion associated with the unrealized tax capital losses in the U.S. Life Insurance Companies’ available-for-sale securities portfolio. All of the valuation allowance established was allocated to OCI. TAX EXAMINATIONS AND LITIGATION Corebridge Parent and certain U.S. subsidiaries are included in a consolidated U.S. federal income tax return with AIG through the date of IPO (short-period tax year 2022), and income tax expense is recorded, based on applicable U.S. and foreign laws. The AIG U.S. consolidated tax group is currently under IRS examination for the tax years 2011 through 2019 and is continuing to engage in the appeals process for years 2007 through 2010. We are periodically advised of certain IRS and other adjustments identified in AIG’s consolidated tax return which are attributable to our operations. Under our tax sharing arrangement, we provide a charge or credit for the effect of the adjustments and the related interest in the period we are advised of such adjustments and interest. ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES The following table presents a reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits: Years Ended December 31, (in millions) 2023 2022 2021 Gross unrecognized tax benefits, beginning of year $ 20 $ 18 $ 917 Increases in tax positions for prior years — 3 — Decreases in tax positions for prior years — (1) (899) Increases in tax positions for current year — — — Settlements — — — Gross unrecognized tax benefits, end of year $ 20 $ 20 $ 18 At December 31, 2023, 2022 and 2021, Corebridge subsidiaries had unrecognized tax benefits, excluding interest and penalties, which were $20 million, $20 million and $18 million, respectively, all of which would favorably affect the effective tax rate if recognized. The activity for the year ended December 31, 2021 is primarily attributable to the recent completion of audit activity by the IRS and includes decreases of $846 million related to amounts for SAFG Capital and certain of its affiliates that were adjusted through Shareholders’ equity in the Company’s Consolidated Financial Statements. Interest and penalties related to unrecognized tax benefits are recognized in income tax expense. At December 31, 2023, 2022 and 2021, we had no accrued liabilities for the payment of interest and penalties. There was no interest activity related to unrecognized tax benefits for the years ended December 31, 2023 and 2022. For the year ended December 31, 2021, we decreased the accrual by $26 million related to amounts for SAFG Capital and certain of its affiliates that were adjusted through Shareholders’ equity in the Company’s Consolidated Financial Statements. Although it is reasonably possible that a change in the balance of unrecognized tax benefits may occur within the next 12 months, based on the information currently available, we do not expect any change to be material to our consolidated financial condition. Listed below are the tax years that remain subject to examination by major tax jurisdictions: December 31, 2023 Open Tax Years Major Tax Jurisdiction United States 2007-2022 United Kingdom 2022

Related Parties

Related Parties	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Related Parties	25. 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 years ended December 31, 2023, 2022 and 2021: Years Ended December 31, (in millions) 2023 2022 2021 Revenues: Other income $ 34 $ 95 $ 85 Net investment income - excluding Fortitude Re funds withheld assets (8) (1) (14) Total revenues $ 26 $ 94 $ 71 Expenses: General operating and other expenses $ 161 $ 131 $ 349 Interest expense 9 79 82 Loss on extinguishment of debt — — 145 Total expenses $ 170 $ 210 $ 576 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 Investment Management Operations In connection with the IPO, we and AIG entered into agreements to effectuate the transfer of substantially all of the entities that conducted AIG Group’s investment management operations from AIG to us. Specifically, AIG formed a new investment management holding company, SAFG Capital LLC, to which it transferred subsidiaries which conducted its investment management operations, subject to certain limited exceptions. SAFG Capital LLC was contributed to us, effective December 31, 2021. Transfer of Fortitude Re Interest On October 1, 2021, AIG contributed to us its entire 3.5% ownership interest in Fortitude Re Bermuda. Currently, we hold a less than 3% interest in Fortitude Re Bermuda. 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. European Insurance Entities In 2021, AIG transferred AIG Life and Laya to us. 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 Consolidated Statements of Income (Loss) were $34 million, $95 million and $85 million for the years ended December 31, 2023, 2022 and 2021, 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. AIG Markets, Inc. (“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 Consolidated Statements of Income (Loss) were $0 million, $15 million and $17 million for the years ended December 31, 2023, 2022 and 2021, respectively. The derivative assets, net of gross assets and gross liabilities after collateral were $13 million and $12 million as of December 31, 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 December 31, 2023 and December 31, 2022, respectively. The collateral posted to AIGM was $0 million and $1.5 billion as of December 31, 2023 and December 31, 2022, respectively. The collateral held by us was $377 million and $380 million as of December 31, 2023 and December 31, 2022, respectively. The suite of capital markets services previously provided by AIGM are now provided by our consolidated subsidiary Corebridge Markets, LLC (“CRBGM”). The majority of transactions previously outstanding with AIGM have been legally transferred to CRBGM as of December 31, 2023. 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 December 31, 2023 and December 31, 2022, respectively. There were no derivative net liabilities as of December 31, 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 $39 million and $311 million as of December 31, 2023 and December 31, 2022, respectively. Amounts due from AIG were $38 million and $54 million as of December 31, 2023 and December 31, 2022, respectively. The total service expenses incurred specific to these agreements reflected in General operating and other expenses on the Consolidated Statements of Income (Loss) were $161 million, $114 million and $229 million for the years ended December 31, 2023, 2022 and 2021, respectively. Reinsurance Transactions From time to time, AIG Life has entered into various coinsurance agreements with American International Reinsurance Company, Ltd., a consolidated subsidiary of AIG (“AIRCO”) as follows: • In 2018, AIG Life 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 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 $67 million and $70 million as of December 31, 2023 and December 31, 2022, respectively. Amounts payable to AIRCO were $13 million and $32 million as of December 31, 2023 and December 31, 2022, respectively. Ceded premiums related to these agreements were $37 million, $41 million and $42 million for the years ended December 31, 2023, 2022 and 2021, respectively. Reinsurance assets and amounts payable related to these agreements have been reclassified to Assets held-for-sale and Liabilities held-for-sale, 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 years ended December 31, 2023 and 2022. AGC was a party to a CMA with AIG. Among other things, the CMA provided that AIG would 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 year ended December 31, 2023. As of December 31, 2023 and 2022, the specified minimum capital percentage in the CMA was 250%. Effective December 31, 2023, the CMA was terminated. 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 years ended December 31, 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 18. 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 December 31, 2023 and December 31, 2022, respectively, were recorded in Short-term investments on the Consolidated Balance Sheets. Interest earned on these deposits, reflected in Net investment income - excluding Fortitude Re funds withheld assets on the Consolidated Statements of Income (Loss), were $8 million $14 million and $3 million for the years ended December 31, 2023, 2022 and 2021, 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 Consolidated Statements of Income (Loss) was $46 million for the year ended December 31, 2022. We repaid the principal and accrued interest of this note during the year ended December 31, 2022. For further details on promissory notes, see Note 17. 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. Amounts receivable (payable) from or to AIG pursuant to the tax sharing agreements were $(371) million and $524 million as of December 31, 2023 and December 31, 2022, respectively. The table below summarizes payments to or refunds from AIG in connection with the tax sharing agreements for the years ended December 31, 2023, 2022 and 2021: Years Ended December 31, (in millions) 2023 2022 2021 Payment or (refund): Corebridge $ (494) $ 1,018 $ 1,537 SAFG Capital LLC — 14 (5) Total $ (494) $ 1,032 $ 1,532 For further details on tax impact of the IPO, see Note 24 . 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 December 31, 2023 and December 31, 2022, respectively, with respect to these programs. On September 14, 2022, we entered into an employee matters agreement with AIG (the “EMA”). The EMA allocates liabilities and responsibilities relating to employment matters, employee compensation and benefits plans and programs, and other related matters between us and AIG. The EMA generally provides that, unless otherwise specified, each party is responsible for liabilities associated with their current and former employees for purposes of compensation and benefit matters following the IPO. Repurchase of Corebridge Common Stock During 2023, we repurchased approximately 17.2 million shares of Corebridge Common Stock from AIG for an aggregate purchase price of approximately $315 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 were $175 million and $147 million for the years ended December 31, 2023 and 2022, respectively. Repurchase of Corebridge Common Stock During 2023, we repurchased approximately 1.9 million shares of Corebridge Common Stock from Blackstone for an aggregate purchase price of approximately $35 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 $102 million and $308 million as of December 31, 2023 and December 31, 2022, respectively. The interest expense incurred on the debt reflected in Interest expense on the Consolidated Statements of Income (Loss) were $9 million, $33 million and $64 million for the years ended December 31, 2023, 2022 and 2021, respectively. The noncontrolling interest included in the Consolidated Balance Sheets related to the VIEs held by affiliates was $518 million and $537 million as of December 31, 2023 and December 31, 2022, respectively. The gain/(loss) attributable to noncontrolling interest of consolidated VIEs held by affiliates were $(3) million, $52 million and $499 million for the years ended December 31, 2023, 2022 and 2021, 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 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.

Schedule I

Schedule I	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]
Schedule I	Summary of Investments – Other than Investments in Related Parties Schedule I December 31, 2023 Amount at (in millions) Cost (a)(b) Fair Value (b) Fixed maturities: U.S. government and government sponsored entities $ 1,436 $ 1,220 $ 1,220 Obligations of states, municipalities and political subdivisions 6,506 5,871 5,871 Non-U.S. governments 4,708 4,070 4,070 Public utilities 20,112 17,092 17,092 All other corporate debt securities 103,195 91,643 91,643 Mortgage-backed, asset-backed and collateralized 53,567 51,209 51,209 Total fixed maturity securities 189,524 171,105 171,105 Equity securities and mutual funds: Common stock: Public utilities — — — Banks, trust and insurance companies — — — Industrial, miscellaneous and all other 7 7 7 Total common stock 7 7 7 Preferred stock 47 47 47 Mutual funds 9 9 9 Total equity securities and mutual funds 63 63 63 Mortgage and other loans receivable, net of allowance Commercial mortgages 34,172 31,414 34,172 Residential mortgages 8,445 7,585 8,445 Life insurance policy loans 1,746 1,748 1,746 Commercial loans, other loans and notes receivable 3,202 3,202 3,202 Total mortgage and other loans receivable 47,565 43,949 47,565 Allowance for credit losses (698) — (698) Total mortgage and other loans receivable, net of allowance 46,867 43,949 46,867 Other invested assets (c) 10,937 10,257 10,257 Short-term investments, at cost (approximates fair value) 4,336 4,336 4,336 Derivative assets (d) (e) 393 393 393 Total investments $ 252,120 $ 230,103 $ 233,021 (a) Original cost of fixed maturities is reduced by repayments and adjusted for amortization of premiums or accretion of discounts. (b) The table above includes available-for-sale securities issued by related parties. This includes RMBS securities which had a fair value of $43 million and an amortized cost of $45 million. (c) Includes $0.6 million of investments in related parties. (d) Includes $12 million of derivative assets with related parties. (e) Excludes $141 million of derivative liabilities.

Schedule II

Schedule II	12 Months Ended
	Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]
Schedule II	Condensed Financial Information of Registrant Balance Sheets - Parent Company Only Schedule II December 31, (in millions, except per common share data) 2023 2022 Assets: Short-term investments $ 1,594 $ 1,499 Other investments 197 198 Total investments 1,791 1,697 Cash — 9 Due from affiliates* 114 42 Current tax receivable 26 292 Deferred income taxes 323 108 Investment in consolidated subsidiaries* 19,170 16,543 Other assets 162 83 Total assets $ 21,586 $ 18,774 Liabilities: Due to affiliate* $ 461 $ 271 Current tax payable 198 — Deferred tax liabilities — 10 Short term debt 250 1,500 Long term debt 8,691 7,441 Other liabilities 220 172 Total liabilities 9,820 9,394 Corebridge Shareholders’ equity: Common stock 6 6 Treasury stock (503) — Additional paid-in capital 8,149 8,030 Retained earnings 17,572 18,207 Accumulated other comprehensive income (13,458) (16,863) Total Corebridge Shareholders’ equity 11,766 9,380 Total liabilities and equity $ 21,586 $ 18,774 * Eliminated for the consolidated Corebridge financial statements. See accompanying Notes to Condensed Financial Information of Registrant. Condensed Financial Information of Registrant (Continued) Statements of Income (Loss) and Comprehensive Income (Loss) - Parent Company Only Schedule II Years Ended December 31, (in millions) 2023 2022 2021 Revenues: Equity in undistributed net income (loss) of consolidated subsidiaries * $ (743) $ 6,897 $ 4,392 Dividend income from consolidated subsidiaries * 2,017 1,781 1,893 Interest income 67 79 365 Net realized gains (losses) (3) 4 62 Total revenues 1,338 8,761 6,712 Expenses: Interest expense 398 266 18 Net (gain) loss on sale of divested businesses (620) — (2,438) Other expenses 507 507 191 Total expenses 285 773 (2,229) Income from continuing operations before income tax expense (benefit) 1,053 7,988 8,941 Income tax expense (benefit) (51) (171) 698 Net income attributable to Corebridge Parent 1,104 8,159 8,243 Other comprehensive income (loss) 3,405 (25,096) (4,091) Total comprehensive income (loss) attributable to Corebridge Parent $ 4,509 $ (16,937) $ 4,152 * Eliminated for the consolidated Corebridge financial statements. See accompanying Notes to Condensed Financial Information of Registrant. Condensed Financial Information of Registrant (Continued) Statements of Cash Flows - Parent Company Only Schedule II Years Ended December 31, (in millions) 2023 2022 2021 Net cash provided by (used in) operating activities $ 1,532 $ 1,149 $ 519 Cash flows from investing activities: Sales or distributions of: Available-for-sale securities — 1 132 Other invested assets — — 232 Maturities of fixed maturity securities available-for-sale — — 86 Principal payments received on mortgage and other loans receivable — — 61 Purchase of: Other invested assets — — (23) Mortgage and other loans receivable issued — — (26) Acquisition of businesses, net of cash and restricted cash acquired — (107) — Sales of divested businesses 752 — — Net change in short-term investments (95) (1,034) 54 Net change in derivative assets and liabilities (3) 223 — Net cash provided by (used in) investing activities 654 (917) 516 Cash flows from financing activities: Dividends paid on common stock (1,722) (876) — Issuance of long-term debt 1,240 7,451 — Issuance of short-term debt — 1,500 — Repayments of short-term debt (1,250) (8,300) — Distributions to AIG — — (1,008) Distributions to Class B shareholder — — (34) Repurchase of common stock (498) — — Other financing 35 — — Net cash used in financing activities (2,195) (225) (1,042) Net increase (decrease) in cash and restricted cash (9) 7 (7) Cash and restricted cash at beginning of year 9 2 9 Cash and restricted cash at end of year $ — $ 9 $ 2 Supplementary disclosure of cash flow information: Years ended December 31, (in millions) 2023 2022 2021 Cash $ — $ 9 $ 2 Total cash and restricted cash shown in Statements of Cash Flows – Corebridge Parent Company Only $ — $ 9 $ 2 Cash (paid) received during the period for: Taxes: Income tax $ 259 $ 116 $ 32 Intercompany non-cash financing and investing activities: Capital distributions $ — $ — $ 12,144 Capital contributions $ — $ — $ 403 See accompanying Notes to Condensed Financial Information of Registrant. NOTES TO CONDENSED FINANCIAL INFORMATION OF REGISTRANT 1. Basis of Presentation Corebridge’s investments in consolidated subsidiaries are stated at cost plus equity in undistributed income of consolidated subsidiaries. The condensed financial statements of Corebridge Parent (the “Registrant”) should be read in conjunction with the consolidated financial statements of Corebridge and the notes thereto (the “Consolidated Financial Statements”). The accounting policies of the Registrant are consistent with the accounting policies disclosed on the consolidated financial statements as applicable. The Registrant includes in its Statement of Income dividends from its subsidiaries and equity in undistributed income (loss) of consolidated subsidiaries, which represents the net income (loss) of each of its wholly-owned subsidiaries. 2. Debt Short-term and long-term debt is carried at the principal amount borrowed, including unamortized discounts, and fair value adjustments, when applicable. The following table lists our total debt outstanding at December 31, 2023 and December 31, 2022. The interest rates presented in the following table are the range of contractual rates in effect at December 31, 2023, including fixed and variable rates: (in millions) Range of Maturity December 31, 2023 December 31, 2022 Short-term debt issued or borrowed by Corebridge: Three-Year DDTL Facility 6.46 % 2024 250 1,500 Total short-term debt $ 250 $ 1,500 Long-term debt issued by Corebridge: Senior unsecured notes (a) 3.50% - 6.05% 2025 - 2052 $ 7,750 $ 6,500 Hybrid junior subordinated notes 6.875% 2052 1,000 1,000 Total long-term debt 8,750 7,500 Debt issuance costs (59) (59) Total long-term debt, net of debt issuance costs $ 8,691 $ 7,441 (a) Interest rates reflect contractual amounts and do not reflect the effective borrowing rate after giving effect to the cash flow hedges. SENIOR UNSECURED NOTES AND DELAYED DRAW TERM LOAN For further details regarding the Senior unsecured notes and Three-Year DDTL Facility, see Note 17 to the Consolidated Financial Statements. HYBRID JUNIOR SUBORDINATED NOTES For further details regarding the Hybrid junior subordinated notes, see Note 17 to the Consolidated Financial Statements. AFFILIATED NOTE In November 2021, Corebridge Parent issued an $8.3 billion senior promissory note AIG. We used the net proceeds from the senior unsecured notes, the net proceeds from the hybrid junior subordinated notes and a portion of the borrowing of the Three-Year DDTL Facility, discussed in Note 17 to the Consolidated Financial Statements , to repay the principal balance and accrued interest of this note to AIG. The interest rate per annum was equal to LIBOR plus 100 basis points and accrued semi-annually in arrears on March 1 and September 1 of each year, beginning on March 1, 2022. INTERCOMPANY LENDING FACILITIES Corebridge Parent has entered into two revolving loan facilities where our participating subsidiaries can, on a several basis, borrow monies from Corebridge Parent subject to the terms and conditions stated therein. Principal amounts borrowed under each of these facilities could be repaid and re-borrowed, in whole or in part, from time to time, without penalty. As of December 31, 2023, there were no amounts owed under these facilities. REVOLVING CREDIT AGREEMENT On May 12, 2022, Corebridge Parent entered into the Revolving Credit Agreement (the “Credit Agreement”). For further details regarding the Revolving credit agreement, see Note 17 to the Consolidated Financial Statements. LETTERS OF CREDIT Effective July 28, 2022, Corebridge Parent replaced AIG as applicant and guarantor on two letters of credit totaling £80 million, for the benefit of AIG Life . Effective January 1, 2023, Corebridge Parent replaced this letter of credit with a single letter of credit of £80 million. The letter of credit supports AIG Life ’s capital position and will be counted as Tier 2 capital under EU Solvency II regulations as approved by the Prudential Regulation Authority. Effective February 17, 2023, the letter of credit was reduced from £80 million to £26 million, and further reduced to £20 million on September 22, 2023. CRBG Bermuda had a $250 million letter of credit guaranteed by AIG that is used to support the credit for reinsurance provided by CRBG Bermuda. Effective May 9, 2022, the letter of credit was reduced from $250 million to $175 million, and effective May 12, 2022, Corebridge Parent has replaced AIG as the guarantor. Effective May 25, 2023, the letter of credit was reduced from $175 million to $125 million. For further details regarding the letters of credits, see Note 17 to the Consolidated Financial Statements. 3. Guarantees Corebridge Parent is the guarantor of a promissory note between AGL and SAFG Capital LLC to fund warehousing the origination of group real estate (“GRE”) transactions. On August 1, 2023, AIG Parent novated to Corebridge Parent the guarantee of promissory notes issued by CRBGLH to AGL. Corebridge Parent entered into a general guarantee in favor of each holder of any monetary obligation or liability of Corebridge Markets, LLC, which transacts in various capital markets instruments. Corebridge Parent entered into a Capital and Liquidity Support Agreement with VALIC Trust Company Inc. for regulatory reasons. For further details regarding guarantees, see Note 18 to the Consolidated Financial Statements.

Schedule III

Schedule III	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]
Schedule III	Supplementary Insurance Information At December 31, 2023 and 2022 Schedule III Segment (in millions) Deferred Policy Future Policy Policy and Unearned 2023 Individual Retirement $ 4,779 $ 1,470 $ 34 $ — Group Retirement 1,056 227 1 — Life Insurance 4,106 13,400 789 6 Institutional Markets 70 20,025 39 — Corporate and Other — 21,986 115 5 Total Corebridge $ 10,011 $ 57,108 $ 978 $ 11 2022 Individual Retirement $ 4,646 $ 1,359 $ 41 $ — Group Retirement 1,061 223 1 — Life Insurance 4,805 13,354 1,229 54 Institutional Markets 51 13,745 40 — Corporate and Other — 21,837 122 6 Total Corebridge $ 10,563 $ 50,518 $ 1,433 $ 60 * Excludes balances that have been reclassified to held-for-sale. For the years ended December 31, 2023, 2022 and 2021 Segment (in millions) Premiums Net Other Income (a) Benefits (b) Amortization of Other 2023 Individual Retirement $ 921 $ 4,884 $ 426 $ 2,535 $ 572 $ 929 Group Retirement 426 1,965 309 1,224 82 716 Life Insurance 3,264 1,251 93 3,171 379 753 Institutional Markets 5,799 1,546 2 6,862 9 109 Corporate and Other 78 1,432 54 (3) — 702 Total Corebridge $ 10,488 $ 11,078 $ 884 $ 13,789 $ 1,042 $ 3,209 2022 Individual Retirement $ 976 $ 3,872 $ 463 $ 2,222 $ 523 $ 936 Group Retirement 435 1,976 312 1,186 80 705 Life Insurance 3,427 1,386 126 3,338 410 740 Institutional Markets 3,085 1,017 3 3,706 7 96 Corporate and Other 82 1,325 121 — — 680 Total Corebridge $ 8,005 $ 9,576 $ 1,025 $ 10,452 $ 1,020 $ 3,157 2021 Individual Retirement $ 991 $ 4,356 $ 592 $ 2,112 $ 451 $ 1,049 Group Retirement 502 2,396 337 1,191 78 722 Life Insurance 3,126 1,614 110 3,211 416 790 Institutional Markets 3,953 1,134 2 4,435 6 103 Corporate and Other 86 2,172 134 — — 385 Total Corebridge $ 8,658 $ 11,672 $ 1,175 $ 10,949 $ 951 $ 3,049 (a) Other income represents advisory fee income and other income balances. (b) Benefits represents policyholder benefits and interest credited to policyholder account balances.

Schedule IV

Schedule IV	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]
Schedule IV	Reinsurance At December 31, 2023, 2022 and 2021 and for the years then ended Schedule IV (in millions) Gross Ceded to Assumed Net Amount Percent of 2023 Life insurance in force $ 1,308,474 $ 363,471 $ 173 $ 945,176 —% Premiums Earned: Life Insurance and Annuities $ 4,623 1,096 4,111 7,638 53.8% Accident and Health 83 30 — 53 — Total $ 4,706 $ 1,126 $ 4,111 $ 7,691 53.5% 2022 Life insurance in force $ 1,280,831 $ 346,879 $ 188 $ 934,140 — Premiums Earned: Life Insurance and Annuities $ 4,651 934 1,318 5,035 26.2% Accident and Health 88 32 — 56 — Total $ 4,739 966 1,318 5,091 25.9% 2021 Life insurance in force $ 1,280,090 $ 363,008 $ 192 $ 917,274 — Premiums Earned: Life Insurance and Annuities $ 4,503 1,179 2,265 5,589 40.5% Accident and Health 100 36 — 64 — Total $ 4,603 $ 1,215 $ 2,265 $ 5,653 40.1%

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Use of Estimates	USE OF ESTIMATES The preparation of financial statements in accordance with GAAP requires the application of accounting policies that often involve a significant degree of judgment. Accounting policies that we believe are most dependent on the application of estimates and assumptions are considered our critical accounting estimates and are related to the determination of: • fair value measurements of certain financial assets and liabilities; • valuation of market risk benefits (“MRBs”) related to guaranteed benefit features of variable annuity, fixed annuity 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 and Other income	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. 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 (“DPL“) is recorded in the 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 Consolidated Balance Sheets in Other policyholder funds. 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. 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 Consolidated Balance Sheets in Other policyholder funds.
Advisory fee income	Advisory fee income
Other Income	Other income includes 12b-1 fees (i.e. marketing and distribution fee income), other asset management fee income, and commission-based broker-dealer services.
Advisory fees expense	Advisory fee expense includes primarily sub-advisory fee expenses.
Cash	Cash represents cash on hand and demand deposits.
Short-term investments	Short-term investments include highly liquid securities and other investments with remaining maturities of one year or less, but greater than three months, at the time of purchase. Securities included within short-term investments are stated at estimated fair value, while other investments included within short-term investments are stated at amortized cost, which approximates estimated fair value. We purchase certain RMBS securities that have experienced more-than-insignificant deterioration in credit quality since origination. These are referred to as purchased credit deteriorated assets. At the time of purchase an allowance is recognized for these purchased credit deteriorated 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 purchased credit deteriorated 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 purchased credit deteriorated assets follow the same accounting as other structured securities that are not of high credit quality.
Premiums and other receivables – net of allowance	Premiums and other receivables – net of allowance
Other assets	Other assets consist of deferred sales inducement assets, prepaid expenses, deposits, other deferred charges, other fixed assets, capitalized software costs, goodwill, intangible assets other than goodwill, restricted cash and derivative assets.
Real estate	Real estate includes the cost of buildings and furniture and fixtures which is depreciated principally using the straight-line basis over their estimated useful lives (maximum of 40 years for buildings, 10
Separate accounts	Separate accounts represent funds for which investment income and investment gains and losses accrue directly to the policyholders who bear the investment risk. Each account has specific investment objectives and the assets are carried at fair value. The assets of each account are legally segregated and are not subject to claims that arise from any of our other businesses. The liabilities for these accounts are equal to the account assets. Separate accounts may also include deposits for funds held under stable
Other liabilities	Other liabilities
Foreign currency	Foreign currency: Financial statement accounts expressed in foreign currencies are translated into U.S. dollars. Functional currency assets and liabilities are translated into U.S. dollars generally using rates of exchange prevailing at the balance sheet date of each respective subsidiary and the related translation adjustments are recorded as a separate component of Accumulated other comprehensive income, net of any related taxes, in Shareholders’ Equity. Income statement accounts expressed in functional currencies are translated using average exchange rates during the period. Functional currencies are generally the currencies of the local operating environment. Financial statement accounts expressed in currencies other than the functional currency of a consolidated entity are remeasured into that entity’s functional currency resulting in exchange gains or losses recorded in income, except for remeasurement gains or losses attributable to available-for-sale securities which are included in Accumulated other comprehensive income (“AOCI”).
Non-redeemable noncontrolling interest and Redeemable noncontrolling interest	Non-redeemable noncontrolling interest is the portion of equity (net assets) and net income (loss) in a subsidiary not attributable, directly or indirectly, to Corebridge. Redeemable noncontrolling interest represents noncontrolling interest holders in certain consolidated investment entities where the noncontrolling interest holder has the ability to redeem its interest in the consolidated investment entity at its option.
Accounting Standards Adopted During 2022 and Future Application of Accounting Standards	Targeted Improvements to the Accounting for Long-Duration Contracts In August 2018, the Financial Accounting Standards Board’s (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. We adopted 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”). We adopted the standard using the modified retrospective transition method relating to liabilities for traditional and limited payment contracts and deferred policy acquisition costs. We 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 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 modified coinsurance (“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 16. 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 LDTI, see Note 14. 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 Consolidated Statements of Income (Loss). For additional information, see Note 14. • 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 12. • 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. 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 Income Taxes In December 2023, the FASB issued an accounting standard update to address improvements to income tax disclosures. The standard requires disaggregated information about a company’s effective tax rate reconciliation as well as information on income taxes paid. The standard is effective for public companies for annual periods beginning after December 15, 2024, with early adoption permitted. The standard will be applied on a prospective basis with the option to apply the standard retrospectively. We are assessing the impact of this standard. Segment Reporting In November 2023, the FASB issued an accounting standard update to address improvements to reportable segment disclosures. The standard primarily requires the following disclosure on an annual and interim basis: i) significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, and ii) other segment items and description of its composition. The standard also requires all current annual disclosures about a reportable segments profits or losses and assets to be disclosed in interim periods and the title and position of the CODM with an explanation of how the CODM uses the reported measure(s) of segment profits or losses in assessing segment performance. The guidance is effective for public companies for fiscal years beginning after December 15, 2023 and interim periods in fiscal years within fiscal years beginning after December 15, 2024, with early adoption permitted. The amendment is applied retrospectively to all prior periods presented. We are assessing the impact of this standard. 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 maker reviews 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, variable annuities and retail mutual funds. On February 8, 2021, we announced the execution of a definitive agreement with Touchstone to sell certain assets of our retail mutual funds business. This Touchstone transaction closed on July 16, 2021 . For further information on this sale, see Note 1. • 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 distributed private medical insurance in Ireland. On October 31, 2023 Corebridge completed the sale of Laya 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 Re 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)”, 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 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:

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Accounting Standards Update and Change in Accounting Principle	The following table presents the impacts in connection with the adoption of LDTI, 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 12 for additional information on the transition impacts associated with LDTI. (c) Refer to Note 16 for additional information on the transition impacts associated with LDTI. (d) Other assets include deferred sales inducement assets. Refer to Note 12 for additional information on the transition impacts associated with LDTI. (e) Refer to Note 15 for additional information on the transition impacts associated with LDTI. (f) Other policyholder funds include URR. Refer to Note 15 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 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 Consolidated Statements of Income (Loss) for the years ended December 31, 2022 and 2021: Year Ended December 31, 2022 Year Ended December 31, 2021 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 $ 5,093 $ (2) $ 5,091 $ 5,637 $ 16 $ 5,653 Policy fees 2,972 (58) 2,914 3,051 (46) 3,005 Total net realized gains (losses) 8,013 (1,922) 6,091 1,855 (103) 1,752 Total revenues 26,679 (1,982) 24,697 23,390 (133) 23,257 Benefits and expenses: Policyholder benefits 7,332 (612) 6,720 8,050 (663) 7,387 Change in the fair value of market risk benefits, net — (958) (958) — (447) (447) Interest credited to policyholder account balances 3,696 36 3,732 3,549 13 3,562 Amortization of deferred acquisition costs and value of business acquired 1,431 (411) 1,020 1,057 (106) 951 Non-deferrable insurance commissions 636 (68) 568 680 (57) 623 Total benefits and expenses 16,219 (2,013) 14,206 13,263 (1,260) 12,003 Income (loss) before income tax expense (benefit) 10,460 31 10,491 10,127 1,127 11,254 Income tax expense (benefit): 1,991 21 2,012 1,843 239 2,082 Net income (loss) 8,469 10 8,479 8,284 888 9,172 Net income (loss) attributable to Corebridge 8,149 10 8,159 7,355 888 8,243 Income (loss) per common share attributable to Corebridge common shareholders: Basic: Common stock $ 12.61 $ 0.02 $ 12.63 N/A N/A N/A Common stock Class A N/A N/A N/A $ 11.80 $ 1.38 $ 13.18 Common stock Class B N/A N/A N/A $ 7.77 $ 1.37 $ 9.14 Diluted: Common stock $ 12.59 $ 0.01 $ 12.60 N/A N/A N/A Common stock Class A N/A N/A N/A $ 11.80 $ 1.38 $ 13.18 Common stock Class B N/A N/A N/A $ 7.77 $ 1.37 $ 9.14 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2022 and 2021: Year Ended December 31, 2022 Year Ended December 31, 2021 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 $ 8,469 $ 10 $ 8,479 $ 8,284 $ 888 $ 9,172 Other comprehensive income (loss), net of tax Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken (54) (7) (61) 22 9 31 Change in unrealized appreciation (depreciation) of all other investments (26,128) (5,567) (31,695) (4,509) (1,129) (5,638) Change in fair value of market risk benefits attributable to changes in our own credit risk — 1,294 1,294 — 179 179 Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts — 5,298 5,298 — 1,356 1,356 Other comprehensive income (loss) (26,124) 1,018 (25,106) (4,506) 415 (4,091) Comprehensive income (loss) (17,655) 1,028 (16,627) 3,778 1,303 5,081 Comprehensive income (loss) attributable to Corebridge (17,965) 1,028 (16,937) 2,849 1,303 4,152 The following table presents the impacts in connection with the adoption of LDTI on our previously reported Consolidated Statement of Cash Flows for the years ended December 31, 2022 and 2021: Year Ended December 31, 2022 Year Ended December 31, 2021 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) Cash flows from operating activities: Net income $ 8,469 $ 10 $ 8,479 $ 8,284 $ 888 $ 9,172 Adjustments to reconcile net income to net cash provided by operating activities: Noncash revenues, expenses, gains and losses included in income (loss): Unrealized gains in earnings - net (1,621) 2,485 864 (1,573) 1,017 (556) Change in the fair value of market risk benefits in earnings, net — (1,481) (1,481) — (1,427) (1,427) Depreciation and other amortization 1,021 (436) 585 562 (149) 413 Changes in operating assets and liabilities: Insurance liabilities 2,064 (1,068) 996 2,161 (625) 1,536 Premiums and other receivables and payables - net 68 (28) 40 226 (70) 156 Reinsurance assets and funds held under reinsurance treaties 409 677 1,086 155 152 307 Capitalization of deferred policy acquisition costs (991) (68) (1,059) (1,000) (58) (1,058) Current and deferred income taxes - net 890 22 912 (70) 239 169 Other, net 577 (187) 390 (686) (23) (709) Total adjustments (5,774) (84) (5,858) (5,823) (944) (6,767) Net cash provided by operating activities 2,695 (74) 2,621 2,461 (56) 2,405 Cash flows from financing activities: Policyholder contract deposits $ 26,508 $ 74 $ 26,582 $ 25,387 $ 56 $ 25,443 Net cash provided by financing activities $ 4,600 $ 74 $ 4,674 $ (809) $ 56 $ (753)

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Operations by Segment	The following table presents Corebridge’s operations by segment: (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Year Ended December 31, 2023 Premiums $ 213 $ 20 $ 1,776 $ 5,607 $ 78 $ — $ 7,694 $ (3) $ 7,691 Policy fees 708 406 1,488 195 — — 2,797 — 2,797 Net investment income (a) 4,908 1,996 1,282 1,586 92 (25) 9,839 1,239 11,078 Net realized gains (losses) (a)(b) — — — — (2) — (2) (3,570) (3,572) Advisory fee and other income 426 309 93 2 54 — 884 — 884 Total adjusted revenues 6,255 2,731 4,639 7,390 222 (25) 21,212 (2,334) 18,878 Policyholder benefits 204 31 2,838 6,298 (3) — 9,368 (6) 9,362 Change in the fair value of market risk benefits, net — — — — — — — (6) (6) Interest credited to policyholder account balances 2,269 1,182 340 600 — — 4,391 36 4,427 Amortization of deferred policy acquisition costs 572 82 379 9 — — 1,042 — 1,042 Non-deferrable insurance commissions 355 124 88 19 2 — 588 — 588 Advisory fee expenses 141 118 2 — — — 261 — 261 General operating expenses 402 440 619 85 339 — 1,885 475 2,360 Interest expense — — — — 569 (17) 552 28 580 Net (gain) loss on divestitures — — — — — — — (676) (676) Total benefits and expenses 3,943 1,977 4,266 7,011 907 (17) 18,087 (149) 17,938 Noncontrolling interests — — — — 68 — 68 Adjusted pre-tax operating income (loss) $ 2,312 $ 754 $ 373 $ 379 $ (617) $ (8) $ 3,193 Adjustments to: Total revenue (2,334) Total expenses (149) Noncontrolling interests (68) Income before income tax expense (benefit) $ 940 $ 940 Year Ended December 31, 2022 Premiums $ 235 $ 19 $ 1,864 $ 2,913 $ 82 $ — $ 5,113 $ (22) $ 5,091 Policy fees 741 415 1,564 194 — — 2,914 — 2,914 Net investment income (a) 3,888 2,000 1,389 1,049 473 (41) 8,758 818 9,576 Net realized gains (losses) (a)(b) — — — — 170 — 170 5,921 6,091 Advisory fee and other income 451 305 121 2 121 — 1,000 25 1,025 Total adjusted revenues 5,315 2,739 4,938 4,158 846 (41) 17,955 6,742 24,697 Policyholder benefits 285 35 3,010 3,404 — — 6,734 (14) 6,720 Change in the fair value of market risk benefits, net — — — — — — — (958) (958) Interest credited to policyholder account balances 1,916 1,147 342 320 — — 3,725 7 3,732 Amortization of deferred policy acquisition costs 523 80 410 7 — — 1,020 — 1,020 Non-deferrable insurance commissions 351 123 72 20 2 — 568 — 568 Advisory fee expenses 141 124 1 — — — 266 — 266 General operating expenses 426 447 656 73 384 (2) 1,984 339 2,323 Interest expense — — — — 535 (51) 484 50 534 Net (gain) loss on divestitures — — — — — — — 1 1 Total benefits and expenses 3,642 1,956 4,491 3,824 921 (53) 14,781 (575) 14,206 Noncontrolling interests — — — — (320) — (320) Adjusted pre-tax operating income (loss) $ 1,673 $ 783 $ 447 $ 334 $ (395) $ 12 $ 2,854 Adjustments to: Total revenue 6,742 Total expenses (575) Noncontrolling interests 320 Income before income tax expense (benefit) $ 10,491 $ 10,491 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Year Ended December 31, 2021 Premiums $ 195 $ 22 $ 1,586 $ 3,774 $ 86 $ — $ 5,663 $ (10) $ 5,653 Policy fees 797 480 1,541 187 — — 3,005 — 3,005 Net investment income (a) 4,334 2,413 1,621 1,155 443 (49) 9,917 1,755 11,672 Net realized gains (losses) (a)(b) — — — — 701 — 701 1,051 1,752 Advisory fee and other income 592 337 110 2 134 — 1,175 — 1,175 Total adjusted revenues 5,918 3,252 4,858 5,118 1,364 (49) 20,461 2,796 23,257 Policyholder benefits 317 31 2,842 4,183 — — 7,373 14 7,387 Change in the fair value of market risk benefits, net — — — — — — — (447) (447) Interest credited to policyholder account balances 1,793 1,159 354 274 — — 3,580 (18) 3,562 Amortization of deferred policy acquisition costs 451 78 416 6 — — 951 — 951 Non-deferrable insurance commissions 396 122 80 22 3 — 623 — 623 Advisory fee expenses 189 133 — — — — 322 — 322 General operating expenses 437 445 682 77 375 — 2,016 88 2,104 Interest expense 46 35 25 9 286 (47) 354 35 389 Loss on extinguishment of debt — — — — — — — 219 219 Net (gain) loss on divestitures — — — — — — — (3,081) (3,081) Net (gain) loss on Fortitude Re transactions — — — — — — — (26) (26) Total benefits and expenses 3,629 2,003 4,399 4,571 664 (47) 15,219 (3,216) 12,003 Noncontrolling interests — — — — (861) — (861) Adjusted pre-tax operating income (loss) $ 2,289 $ 1,249 $ 459 $ 547 $ (161) $ (2) $ 4,381 Adjustments to: Total revenue 2,796 Total expenses (3,216) Noncontrolling interests 861 Income before income tax expense (benefit) $ 11,254 $ 11,254 Adjustments include Fortitude Re activity of $(590) million, $6,841 million and $2,012 million for the years ended December 31, 2023, 2022 and 2021, respectively. (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas	The following table presents Corebridge’s consolidated total revenues by major geographic area: Total Revenues* (in millions) 2023 2022 2021 North America $ 18,299 $ 24,160 $ 22,733 International 579 537 524 Consolidated $ 18,878 $ 24,697 $ 23,257 * Revenues are generally reported according to the geographic location of the legal entity. International revenues consist of revenues from Laya and AIG Life.

Held-For-Sale Classification (T

Held-For-Sale Classification (Tables)	12 Months Ended
	Dec. 31, 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 Consolidated Balance Sheet at December 31, 2023 after elimination of intercompany balances: December 31, 2023 AIG Life Other Total (in millions) Assets: Bonds available-for-sale $ 167 $ — $ 167 Other invested assets — 67 67 Short-term investments, including restricted cash of $0 million 11 — 11 Cash 3 — 3 Accrued investment income 3 — 3 Premiums and other receivables, net of allowance for credit losses and disputes 116 — 116 Reinsurance assets - other, net of allowance for credit losses and disputes 899 — 899 Deferred income taxes 47 — 47 Deferred policy acquisition costs 814 — 814 Other assets, net of allowance for credit losses 83 27 110 Total assets held-for-sale $ 2,143 $ 94 $ 2,237 Liabilities: Future policy benefits for life and accident and health insurance contracts $ 838 $ — $ 838 Other liabilities 908 — 908 Total liabilities held-for-sale $ 1,746 $ — $ 1,746

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Net Realized and Unrealized Gains and Losses Included in Income Related to Level 3 Assets and Liabilities	The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the observability of the inputs used: December 31, 2023 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available-for-sale: U.S. government and government sponsored entities $ 20 $ 1,200 $ — $ — $ — $ 1,220 Obligations of states, municipalities and political subdivisions — 4,987 844 — — 5,831 Non-U.S. governments — 4,057 — — — 4,057 Corporate debt — 104,725 1,357 — — 106,082 RMBS (b) — 8,423 5,854 — — 14,277 CMBS — 9,373 608 — — 9,981 CLO — 9,301 1,843 — — 11,144 ABS — 1,029 12,906 — — 13,935 Total bonds available-for-sale 20 143,095 23,412 — — 166,527 Other bond securities: U.S. government and government sponsored entities — — — — — — Obligations of states, municipalities and political subdivisions — 39 1 — — 40 Non-U.S. governments — 13 — — — 13 Corporate debt — 2,486 167 — — 2,653 RMBS (c) — 63 107 — — 170 CMBS — 211 17 — — 228 CLO — 354 69 — — 423 ABS — 89 962 — — 1,051 Total other bond securities — 3,255 1,323 — — 4,578 Equity securities 21 — 42 — — 63 Other invested assets (d) — — 1,850 — — 1,850 Derivative assets: Interest rate contracts — 2,498 449 — — 2,947 Foreign exchange contracts — 940 — — — 940 Equity contracts 7 1,186 824 — — 2,017 Credit contracts — 8 — — — 8 Other contracts — 1 12 — — 13 Counterparty netting and cash collateral — — — (3,646) (1,886) (5,532) Total derivative assets 7 4,633 1,285 (3,646) (1,886) 393 Short-term investments 21 1,387 — — — 1,408 Market risk benefit assets — — 912 — — 912 Separate account assets 87,813 3,192 — — — 91,005 Total (g) $ 87,882 $ 155,562 $ 28,824 $ (3,646) $ (1,886) $ 266,736 Liabilities: Policyholder contract deposits (e) $ — $ 108 $ 7,942 $ — $ — $ 8,050 Derivative liabilities: Interest rate contracts — 3,278 — — — 3,278 Foreign exchange contracts — 563 — — — 563 Equity contracts 2 680 63 — — 745 Credit contracts — — — — — — Other contracts — — 2 — — 2 Counterparty netting and cash collateral — — — (3,646) (801) (4,447) Total derivative liabilities 2 4,521 65 (3,646) (801) 141 Fortitude Re funds withheld payable (f) — — 2,182 — — 2,182 Market risk benefit liabilities — — 5,705 — — 5,705 Debt of consolidated investment entities — — — — — — Total $ 2 $ 4,629 $ 15,894 $ (3,646) $ (801) $ 16,078 December 31, 2022 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available-for-sale: U.S. government and government sponsored entities $ — $ 1,198 $ — $ — $ — $ 1,198 Obligations of states, municipalities and political subdivisions — 5,121 805 — — 5,926 Non-U.S. governments — 4,392 — — — 4,392 Corporate debt — 102,724 1,968 — — 104,692 RMBS (b) — 6,274 5,670 — — 11,944 CMBS — 9,350 718 — — 10,068 CLO — 6,516 1,670 — — 8,186 ABS — 792 9,595 — — 10,387 Total bonds available-for-sale — 136,367 20,426 — — 156,793 Other bond securities: Obligations of states, municipalities and political subdivisions — 37 — — — 37 Non-U.S. governments — 22 — — — 22 Corporate debt — 1,805 417 — — 2,222 RMBS (c) — 58 107 — — 165 CMBS — 204 28 — — 232 CLO — 268 11 — — 279 ABS — 71 741 — — 812 Total other bond securities — 2,465 1,304 — — 3,769 Equity securities 141 3 26 — — 170 Other invested assets (d) — — 1,832 — — 1,832 Derivative assets: Interest rate contracts 1 1,269 303 — — 1,573 Foreign exchange contracts — 1,247 — — — 1,247 Equity contracts 11 124 282 — — 417 Credit contracts — — — — — — Other contracts — 1 14 — — 15 Counterparty netting and cash collateral — — — (2,547) (406) (2,953) Total derivative assets 12 2,641 599 (2,547) (406) 299 Short-term investments 1 1,356 — — — 1,357 Market risk benefit assets — — 796 — — 796 Separate account assets 81,655 3,198 — — — 84,853 Total $ 81,809 $ 146,030 $ 24,983 $ (2,547) $ (406) $ 249,869 Liabilities: Policyholder contract deposits (e) $ — $ 97 $ 5,367 $ — $ — $ 5,464 Derivative liabilities: Interest rate contracts — 2,676 — — — 2,676 Foreign exchange contracts — 632 — — — 632 Equity contracts 2 10 15 — — 27 Credit contracts — — — — — — Other contracts — — — — — — Counterparty netting and cash collateral — — — (2,547) (691) (3,238) Total derivative liabilities 2 3,318 15 (2,547) (691) 97 Fortitude Re funds withheld payable (f) — — 1,262 — — 1,262 Market risk benefit liabilities — — 4,736 — — 4,736 Debt of consolidated investment entities — — 6 — — 6 Total $ 2 $ 3,415 $ 11,386 $ (2,547) $ (691) $ 11,565 (a) Represents netting of derivative exposures covered by qualifying master netting agreements. (b) Includes investments in residential-backed mortgage securities (“RMBS”) issued by related parties of $36 million and $7 million classified as Level 2 and Level 3, respectively, as of December 31, 2023. Additionally, includes investments in RMBS issued by related parties of $37 million and $2 million classified as Level 2 and Level 3, respectively, as of December 31, 2022. (c) Includes less than $1 million of investments in RMBS issued by related parties classified as Level 2 as of December 31, 2023 and December 31, 2022. (d) Excludes investments that are measured at fair value using the net asset value (“NAV”) per share (or its equivalent), which totaled $5.8 billion and $6.0 billion as of December 31, 2023 and December 31, 2022, respectively. (e) Excludes basis adjustments for fair value hedges. (f) 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 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, which are primarily available-for-sale securities. (g) Excludes $167 million of assets that were reclassified to Assets held-for-sale in the Consolidated Balance Sheets. See Note 4 f or additional information. Change in the fair value of market risk benefits, net and net realized and unrealized gains and losses included in income related to Level 3 assets and liabilities shown above are reported in the 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 Year Ended December 31, 2023 Assets: Bonds available-for-sale $ — $ 491 $ (19) $ — $ — $ 472 Other bond securities — 52 — — — 52 Equity securities — — — — — — Other invested assets — (150) (3) — — (153) Year Ended December 31, 2022 Assets: Bonds available-for-sale $ — $ 516 $ (67) $ — $ — $ 449 Other bond securities — (149) — — — (149) Equity securities — (1) — — — (1) Other invested assets — 321 (8) — — 313 (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 Year Ended December 31, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ (1,464) $ — $ — $ (1,464) Derivative liabilities, net 62 — 517 — (41) 538 Fortitude Re funds withheld payable — — (1,734) — — (1,734) Market risk benefit liabilities, net (c) — — 3 — 1,125 1,128 Debt of consolidated investment entities — (1) — — — (1) Year Ended December 31, 2022 Liabilities: Policyholder contract deposits (b) $ — $ — $ 1,107 $ — $ — $ 1,107 Derivative liabilities, net 61 — (577) — 84 (432) Fortitude Re funds withheld payable — — 6,348 — — 6,348 Market risk benefit liabilities, net (c) — — — — 2,344 2,344 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. The following table presents the gross components of purchases, sales, issuances and settlements, net, shown above, for the year ended December 31, 2023 and 2022 related to Level 3 assets and liabilities in the Consolidated Balance Sheets: (in millions) Purchases Sales Issuances and Settlements Purchases, Sales, Year Ended December 31, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ (3) $ (15) Corporate debt 223 (30) (251) (58) RMBS 706 (42) (767) (103) CMBS 9 (27) (35) (53) CLO 226 (18) (237) (29) ABS 2,523 (4) (375) 2,144 Total bonds available-for-sale 3,687 (133) (1,668) 1,886 Other bond securities: Obligations of states, municipalities and political subdivisions 3 (2) — 1 Corporate debt 185 — (228) (43) RMBS 6 — (12) (6) CMBS — (6) — (6) CLO 1 (9) (44) (52) ABS 256 (8) (41) 207 Total other bond securities 451 (25) (325) 101 Equity securities 25 — (2) 23 Other invested assets 262 — (136) 126 Total assets* $ 4,425 $ (158) $ (2,131) $ 2,136 Liabilities: Policyholder contract deposits $ — $ 1,428 $ (317) $ 1,111 Derivative liabilities, net (127) — (502) (629) Fortitude Re funds withheld payable — — (814) (814) Debt of consolidated investment entities — — (7) (7) Total liabilities $ (127) $ 1,428 $ (1,640) $ (339) (in millions) Purchases Sales Issuances and Settlements Purchases, Sales, Year Ended December 31, 2022 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ — $ (60) $ (35) $ (95) Corporate debt 85 (39) (205) (159) RMBS 377 — (1,211) (834) CMBS 118 (9) (71) 38 CLO 514 (27) (592) (105) ABS 3,110 — 173 3,283 Total bonds available-for-sale 4,204 (135) (1,941) 2,128 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 29 (3) 132 158 RMBS 38 — (14) 24 CMBS — — — — CLO 16 (123) (24) (131) ABS 675 — (22) 653 Total other bond securities 758 (126) 72 704 Equity securities 22 — 1 23 Other invested assets 652 — (847) (195) Total assets* $ 5,636 $ (261) $ (2,715) $ 2,660 Liabilities: Policyholder contract deposits $ — $ 923 $ (21) $ 902 Derivative liabilities, net (421) — (125) (546) Fortitude Re funds withheld payable — — (364) (364) Debt of consolidated investment entities — — 1 1 Total liabilities $ (421) $ 923 $ (509) $ (7) * There were no issuances during the year ended December 31, 2023 and 2022 for invested assets.
Schedule of Assets Measured on a Recurring Basis	The following tables present changes during the years ended December 31, 2023 and 2022 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Consolidated Balance Sheets at December 31, 2023 and 2022: (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Year Ended December 31, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 805 $ (2) $ 66 $ (15) $ — $ (10) $ — $ 844 $ — $ 35 Corporate debt 1,968 (96) 13 (58) 583 (1,037) (16) 1,357 — (19) RMBS 5,670 316 22 (103) 33 (84) — 5,854 — (45) CMBS 718 9 (53) (53) 179 (192) — 608 — (83) CLO 1,670 (18) 53 (29) 76 (172) 263 1,843 — (19) ABS 9,595 263 323 2,144 590 (9) — 12,906 — 260 Total bonds available-for-sale 20,426 472 424 1,886 1,461 (1,504) 247 23,412 — 129 Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 (15) — (43) — (192) — 167 (16) — RMBS 107 6 — (6) — — — 107 2 — CMBS 28 (5) — (6) — — — 17 — — CLO 11 17 — (52) 39 (44) 98 69 6 — ABS 741 49 — 207 — (35) — 962 (18) — Total other bond securities 1,304 52 — 101 39 (271) 98 1,323 (26) — Equity securities 26 — — 23 1 (7) (1) 42 — — Other invested assets 1,832 (153) 11 126 34 — — 1,850 (150) — Total (a) $ 23,588 $ 371 $ 435 $ 2,136 $ 1,535 $ (1,782) $ 344 $ 26,627 $ (176) $ 129 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,367 $ 1,464 $ — $ 1,111 $ — $ — $ — $ 7,942 $ (733) $ — Derivative liabilities, net: Interest rate contracts (303) (88) — (157) — — 99 (449) 33 — Foreign exchange contracts — — — — — — — — — — Equity contracts (267) (389) — (537) — — 432 (761) 438 — Credit contracts — — — — — — — — — — Other contracts (14) (61) — 65 — — — (10) 62 — Total derivative liabilities, net (b) (584) (538) — (629) — — 531 (1,220) 533 — Fortitude Re funds withheld payable 1,262 1,734 — (814) — — — 2,182 (721) — Debt of consolidated investment entities 6 1 — (7) — — — — — — Total (c) $ 6,051 $ 2,661 $ — $ (339) $ — $ — $ 531 $ 8,904 $ (921) $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other (d) Fair Value Changes in Changes in Year Ended December 31, 2022 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 1,395 $ 1 $ (525) $ (95) $ 40 $ (11) $ — $ 805 $ — $ (221) Corporate debt 1,907 17 (192) (159) 911 (516) — 1,968 — (174) RMBS 7,595 322 (986) (834) 7 (434) — 5,670 — (610) CMBS 1,072 9 (140) 38 45 (306) — 718 — (115) CLO 3,038 (31) (163) (105) 1,305 (1,673) (701) 1,670 — (76) ABS 7,400 131 (1,417) 3,283 218 (20) — 9,595 — (1,369) Total bonds available-for-sale 22,407 449 (3,423) 2,128 2,526 (2,960) (701) 20,426 — (2,565) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — — — — — — — Corporate debt 134 (5) — 158 335 (205) — 417 (2) — RMBS 106 (23) — 24 — — — 107 (22) — CMBS 33 (5) — — — — — 28 (4) — CLO 149 1 — (131) 70 (78) — 11 (5) — ABS 205 (117) — 653 — — — 741 (132) — Total other bond securities 627 (149) — 704 405 (283) — 1,304 (165) — Equity securities 2 (1) — 23 2 — — 26 (1) — Other invested assets 1,892 313 (22) (195) 24 (180) — 1,832 329 — Total (a) $ 24,928 $ 612 $ (3,445) $ 2,660 $ 2,957 $ (3,423) $ (701) $ 23,588 $ 163 $ (2,565) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,572 $ (1,107) $ — $ 902 $ — $ — $ — $ 5,367 $ 1,363 $ — Derivative liabilities, net: Interest rate contracts — 1 — (304) — — — (303) (1) — Foreign exchange contracts — (1) — 1 — — — — — — Equity contracts (457) 494 — (304) — — — (267) (249) — Credit contracts (1) 1 — — — — — — — — Other contracts (12) (63) — 61 — — — (14) 63 — Total derivative liabilities, net (b) (470) 432 — (546) — — — (584) (187) — Fortitude Re funds withheld payable 7,974 (6,348) — (364) — — — 1,262 6,689 — Debt of consolidated investment entities 5 — — 1 — — — 6 (1) — Total (c) $ 13,081 $ (7,023) $ — $ (7) $ — $ — $ — $ 6,051 $ 7,864 $ — (a) Excludes MRB assets of $912 million at December 31, 2023 and $796 million at December 31, 2022. Refer to Note 16 for additional information. (b) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. (c) Excludes MRB liabilities of $5.7 billion at December 31, 2023 and $4.7 billion at December 31, 2022. Refer to Note 16 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.
Schedule of Liabilities Measured on a Recurring Basis	The following tables present changes during the years ended December 31, 2023 and 2022 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Consolidated Balance Sheets at December 31, 2023 and 2022: (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Year Ended December 31, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 805 $ (2) $ 66 $ (15) $ — $ (10) $ — $ 844 $ — $ 35 Corporate debt 1,968 (96) 13 (58) 583 (1,037) (16) 1,357 — (19) RMBS 5,670 316 22 (103) 33 (84) — 5,854 — (45) CMBS 718 9 (53) (53) 179 (192) — 608 — (83) CLO 1,670 (18) 53 (29) 76 (172) 263 1,843 — (19) ABS 9,595 263 323 2,144 590 (9) — 12,906 — 260 Total bonds available-for-sale 20,426 472 424 1,886 1,461 (1,504) 247 23,412 — 129 Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 (15) — (43) — (192) — 167 (16) — RMBS 107 6 — (6) — — — 107 2 — CMBS 28 (5) — (6) — — — 17 — — CLO 11 17 — (52) 39 (44) 98 69 6 — ABS 741 49 — 207 — (35) — 962 (18) — Total other bond securities 1,304 52 — 101 39 (271) 98 1,323 (26) — Equity securities 26 — — 23 1 (7) (1) 42 — — Other invested assets 1,832 (153) 11 126 34 — — 1,850 (150) — Total (a) $ 23,588 $ 371 $ 435 $ 2,136 $ 1,535 $ (1,782) $ 344 $ 26,627 $ (176) $ 129 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,367 $ 1,464 $ — $ 1,111 $ — $ — $ — $ 7,942 $ (733) $ — Derivative liabilities, net: Interest rate contracts (303) (88) — (157) — — 99 (449) 33 — Foreign exchange contracts — — — — — — — — — — Equity contracts (267) (389) — (537) — — 432 (761) 438 — Credit contracts — — — — — — — — — — Other contracts (14) (61) — 65 — — — (10) 62 — Total derivative liabilities, net (b) (584) (538) — (629) — — 531 (1,220) 533 — Fortitude Re funds withheld payable 1,262 1,734 — (814) — — — 2,182 (721) — Debt of consolidated investment entities 6 1 — (7) — — — — — — Total (c) $ 6,051 $ 2,661 $ — $ (339) $ — $ — $ 531 $ 8,904 $ (921) $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other (d) Fair Value Changes in Changes in Year Ended December 31, 2022 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 1,395 $ 1 $ (525) $ (95) $ 40 $ (11) $ — $ 805 $ — $ (221) Corporate debt 1,907 17 (192) (159) 911 (516) — 1,968 — (174) RMBS 7,595 322 (986) (834) 7 (434) — 5,670 — (610) CMBS 1,072 9 (140) 38 45 (306) — 718 — (115) CLO 3,038 (31) (163) (105) 1,305 (1,673) (701) 1,670 — (76) ABS 7,400 131 (1,417) 3,283 218 (20) — 9,595 — (1,369) Total bonds available-for-sale 22,407 449 (3,423) 2,128 2,526 (2,960) (701) 20,426 — (2,565) Other bond securities: Obligations of states, municipalities and political subdivisions — — — — — — — — — — Corporate debt 134 (5) — 158 335 (205) — 417 (2) — RMBS 106 (23) — 24 — — — 107 (22) — CMBS 33 (5) — — — — — 28 (4) — CLO 149 1 — (131) 70 (78) — 11 (5) — ABS 205 (117) — 653 — — — 741 (132) — Total other bond securities 627 (149) — 704 405 (283) — 1,304 (165) — Equity securities 2 (1) — 23 2 — — 26 (1) — Other invested assets 1,892 313 (22) (195) 24 (180) — 1,832 329 — Total (a) $ 24,928 $ 612 $ (3,445) $ 2,660 $ 2,957 $ (3,423) $ (701) $ 23,588 $ 163 $ (2,565) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,572 $ (1,107) $ — $ 902 $ — $ — $ — $ 5,367 $ 1,363 $ — Derivative liabilities, net: Interest rate contracts — 1 — (304) — — — (303) (1) — Foreign exchange contracts — (1) — 1 — — — — — — Equity contracts (457) 494 — (304) — — — (267) (249) — Credit contracts (1) 1 — — — — — — — — Other contracts (12) (63) — 61 — — — (14) 63 — Total derivative liabilities, net (b) (470) 432 — (546) — — — (584) (187) — Fortitude Re funds withheld payable 7,974 (6,348) — (364) — — — 1,262 6,689 — Debt of consolidated investment entities 5 — — 1 — — — 6 (1) — Total (c) $ 13,081 $ (7,023) $ — $ (7) $ — $ — $ — $ 6,051 $ 7,864 $ — (a) Excludes MRB assets of $912 million at December 31, 2023 and $796 million at December 31, 2022. Refer to Note 16 for additional information. (b) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. (c) Excludes MRB liabilities of $5.7 billion at December 31, 2023 and $4.7 billion at December 31, 2022. Refer to Note 16 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.
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 December 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 821 Discounted cash flow Yield 4.97% - 5.31% (5.14%) Corporate debt $ 1,471 Discounted cash flow Yield 5.26% - 8.16% (6.71%) RMBS (c) $ 3,315 Discounted cash flow Prepayment Speed 4.31% - 9.86% (7.09%) Default Rate 0.73% - 2.52% (1.63%) Yield 6.11% - 7.40% (6.75%) Loss Severity 30.64% - 91.03% (60.83%) CLO (c) $ 1,697 Discounted cash flow Yield 6.06% - 7.81% (6.93%) ABS (c) $ 11,367 Discounted cash flow Yield 5.63% - 7.82% (6.73%) CMBS $ 565 Discounted cash flow Yield 5.49% - 17.84% (11.66%) Market risk benefit assets $ 912 Discounted cash flow Equity volatility 6.25% - 49.75% 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% - 2.29% Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 2,174 Discounted cash flow Equity volatility 6.25% - 49.75% 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% - 2.29% Fixed annuities guaranteed benefits $ 1,111 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) 0.00% - 2.29% (in millions) Fair Value at December 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Fixed index annuities guaranteed benefits $ 2,420 Discounted cash flow Equity volatility 6.25% - 49.75% 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) 0.00% - 2.29% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities (i) $ 6,953 Discounted cash flow Equity volatility 6.25% - 49.75% 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) 0.00% - 2.29% Index universal life $ 989 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality rates 0.00% - 100.00% Equity Volatility 5.85% - 20.36% NPA (g) 0.00% - 2.29% (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% 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% (in millions) Fair Value at December 31, 2022 Valuation Unobservable Input (a) Range (Weighted Average) (b) 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 universal 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 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 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 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 December 31, 2023 and December 31, 2022 was approximately $1.5 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 $1.5 billion and $1.1 billion at December 31, 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: December 31, 2023 December 31, 2022 (in millions) Investment Category Includes Fair Value Unfunded Fair Value Unfunded Investment Category Private equity funds: Leveraged buyout Debt and/or equity investments made as part of a transaction in which assets of mature companies are acquired from the current shareholders, typically with the use of financial leverage $ 2,445 $ 1,755 $ 2,014 $ 1,719 Real estate Investments in real estate properties and infrastructure positions, including power plants and other energy generating facilities 1,074 540 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 91 212 118 Growth equity Funds that make investments in established companies for the purpose of growing their businesses 485 109 510 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 1,182 233 902 284 Total private equity funds 5,541 2,770 5,163 2,788 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 161 — 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 69 — 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 65 — 178 — Total hedge funds 299 — 884 — Total $ 5,840 $ 2,770 $ 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: Years Ended December 31, Gain (Loss) (in millions) 2023 2022 2021 Assets: Other bond securities (a) $ 340 $ (408) $ 26 Alternative investments (b) 115 191 1,083 Total assets 455 (217) 1,109 Liabilities: Policyholder contract deposits (c) 3 20 7 Debt of consolidated investment entities (d) — — (179) Total liabilities 3 20 (172) Total gain (loss) $ 458 $ (197) $ 937 (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. (d) Primarily related to six transactions securitizing certain debt portfolios previously owned by Corebridge and its affiliates and were terminated during 2021. For additional information, see Note 9.
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 Years Ended December 31, (in millions) Level 1 Level 2 Level 3 Total 2023 2022 2021 December 31, 2023 Other investments $ — $ — $ 80 $ 80 $ 13 $ 25 $ 6 Other assets — — — — — — 1 Total $ — $ — $ 80 $ 80 $ 13 $ 25 $ 7 December 31, 2022 Other investments $ — $ — $ 12 $ 12 Other assets — — — — 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 December 31, 2023 Assets: Mortgage and other loans receivable $ — $ 30 $ 43,919 $ 43,949 $ 46,867 Other invested assets — 268 — 268 268 Short-term investments (a) — 2,928 — 2,928 2,928 Cash (b) 612 — — 612 612 Other assets 13 — — 13 13 Liabilities: Policyholder contract deposits associated with investment-type contracts — 90 130,094 130,184 140,652 Fortitude Re funds withheld payable — — 23,775 23,775 23,775 Other liabilities — 2,467 — 2,467 2,467 Short-term debt — 250 — 250 250 Long-term debt — 8,722 — 8,722 9,118 Debt of consolidated investment entities — 43 2,230 2,273 2,504 Separate account liabilities - investment contracts — 87,215 — 87,215 87,215 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 $11 million of assets that were reclassified to Assets held-for-sale in the Consolidated Balance Sheets. See Note 4 for additional information. (b) Excludes $3 million of assets that were reclassified to Assets held-for-sale in the Consolidated Balance Sheets. See Note 4 for additional information.

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2023
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Value of Available For Sale Securities	The following table presents the amortized cost or cost and fair value of our available-for-sale securities: (in millions) Amortized Cost or Costs (a) Allowance for Credit Losses (b) Gross Gross Fair Value (a) December 31, 2023 Bonds available-for-sale: U.S. government and government sponsored entities $ 1,436 $ — $ 17 $ (233) $ 1,220 Obligations of states, municipalities and political subdivisions 6,466 — 58 (693) 5,831 Non-U.S. governments 4,695 (2) 43 (679) 4,057 Corporate debt 120,654 (71) 1,294 (15,795) 106,082 Mortgage-backed, asset-backed and collateralized: RMBS 14,491 (25) 599 (788) 14,277 CMBS 11,045 (30) 22 (1,056) 9,981 CLO 11,203 — 90 (149) 11,144 ABS 14,956 — 63 (1,084) 13,935 Total mortgage-backed, asset-backed and collateralized 51,695 (55) 774 (3,077) 49,337 Total bonds available-for-sale $ 184,946 $ (128) $ 2,186 $ (20,477) $ 166,527 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 $43 million and $39 million, and an amortized cost of $45 million and $43 million as of December 31, 2023 and December 31, 2022, respectively. (b) Changes in the allowance for credit losses are recorded through Net realized gains (losses) and are not recognized in OCI.
Schedule of Unrealized Loss on Investments	The following table summarizes the fair value and gross unrealized losses on our available-for-sale securities, aggregated by major investment category and length of time that individual securities have been in a continuous unrealized loss position for which no allowance for credit loss has been recorded: Less Than 12 Months 12 Months or More Total (in millions) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses December 31, 2023 Bonds available-for-sale: U.S. government and government sponsored entities $ 22 $ 3 $ 746 $ 230 $ 768 $ 233 Obligations of states, municipalities and political subdivisions 1,124 110 3,676 583 4,800 693 Non-U.S. governments 470 82 2,981 592 3,451 674 Corporate debt 11,338 1,760 75,045 14,009 86,383 15,769 RMBS 2,676 174 4,855 577 7,531 751 CMBS 1,840 159 6,570 886 8,410 1,045 CLO 2,992 60 3,823 89 6,815 149 ABS 2,599 110 8,138 974 10,737 1,084 Total bonds available-for-sale $ 23,061 $ 2,458 $ 105,834 $ 17,940 $ 128,895 $ 20,398 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 Available-for-sale (in millions) Amortized Cost, Fair Value December 31, 2023 Due in one year or less $ 2,618 $ 2,585 Due after one year through five years 22,387 21,863 Due after five years through ten years 24,395 22,630 Due after ten years 83,778 70,112 Mortgage-backed, asset-backed and collateralized 51,640 49,337 Total $ 184,818 $ 166,527 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: Years Ended December 31, 2023 2022 2021 (in millions) Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 100 $ (451) $ 120 $ (677) $ 894 $ (144)
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: December 31, 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 40 1 % 37 1 % Non-U.S. governments 13 — % 22 1 % Corporate debt 2,653 57 % 2,222 56 % Mortgage-backed, asset-backed and collateralized: RMBS 170 4 % 165 4 % CMBS 228 5 % 232 6 % CLO 423 9 % 279 7 % ABS 1,051 23 % 812 21 % Total mortgage-backed, asset-backed and collateralized 1,872 41 % 1,488 38 % Total fixed maturity securities 4,578 99 % 3,769 96 % Equity securities 63 1 % 170 4 % Total $ 4,641 100 % $ 3,939 100 %
Schedule of Other Invested Assets	The following table summarizes the carrying amounts of other invested assets: (in millions) December 31, 2023 December 31, 2022 Alternative investments (a)(b) $ 7,690 $ 8,014 Investment real estate (c) 1,932 1,831 All other investments (d) 635 573 Total (e) $ 10,257 $ 10,418 (a) At December 31, 2023, included hedge funds of $299 million and private equity funds of $7.4 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 $680 million and $616 million as of December 31, 2023 and December 31, 2022, respectively. (d) Includes Corebridge’s ownership interest in Fortitude Re Bermuda, which is recorded using the measurement alternative for equity securities. Our investment in Fortitude Re Bermuda totaled $156 million and $156 million at December 31, 2023 and December 31, 2022, respectively. (e) Includes investments in related parties, which totaled $0.6 million and $6 million as of December 31, 2023 and December 31, 2022, respectively.
Equity Method Investments Summarized Financial Information	The following is the aggregated summarized financial information of our equity method investees, including those for which the fair value option has been elected: Years Ended December 31, (in millions) 2023 2022 2021 Operating results: Total revenues $ 2,319 $ 6,316 $ 9,425 Total expenses (521) (579) (674) Net income $ 1,798 $ 5,737 $ 8,751 December 31, (in millions) 2023 2022 Balance sheet: Total assets $ 33,168 $ 39,181 Total liabilities $ (1,672) $ (3,551)
Components of Net Investment Income	The following table presents the components of Net investment income: Years Ended December 31, 2023 2022 2021 (in millions) Excluding Fortitude Total Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 7,894 $ 822 $ 8,716 $ 6,725 $ 954 $ 7,679 $ 6,837 $ 1,296 $ 8,133 Other bond securities 49 291 340 (30) (378) (408) 17 9 26 Equity securities 40 — 40 (82) — (82) (290) — (290) Interest on mortgage and other loans 2,160 199 2,359 1,703 176 1,879 1,479 184 1,663 Alternative investments* 18 86 104 675 170 845 1,851 318 2,169 Real estate 38 — 38 43 — 43 204 — 204 Other investments 61 (1) 60 100 — 100 115 — 115 Total investment income 10,260 1,397 11,657 9,134 922 10,056 10,213 1,807 12,020 Investment expenses 550 29 579 449 31 480 316 32 348 Net investment income $ 9,710 $ 1,368 $ 11,078 $ 8,685 $ 891 $ 9,576 $ 9,897 $ 1,775 $ 11,672 * 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 presents the components of Net realized gains (losses): Years Ended December 31, 2023 2022 2021 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (278) $ (73) $ (351) $ (325) $ (232) $ (557) $ 103 $ 647 $ 750 Change in allowance for credit losses on fixed maturity securities (162) (9) (171) (115) (31) (146) 8 3 11 Change in allowance for credit losses on loans (138) (66) (204) (76) (44) (120) 133 8 141 Foreign exchange transactions, net of related hedges (195) (10) (205) 695 61 756 310 20 330 Index-Linked interest credited embedded embedded derivatives, net of related hedges (776) — (776) (117) — (117) (3) — (3) All other derivatives and hedge accounting* (53) (66) (119) (43) (181) (224) (6) 9 3 Sales of alternative investments and real estate investments 50 (2) 48 179 43 222 794 237 1,031 Other (62) 2 (60) (57) (13) (70) 176 — 176 Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (1,614) (224) (1,838) 141 (397) (256) 1,515 924 2,439 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (1,734) (1,734) — 6,347 6,347 — (687) (687) Net realized gains (losses) $ (1,614) $ (1,958) $ (3,572) $ 141 $ 5,950 $ 6,091 $ 1,515 $ 237 $ 1,752 * Derivative activity related to hedging MRBs is recorded in Change in the fair value of MRBs, net. For additional disclosures about MRBs, see Note 16. The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available-for-sale securities: Years Ended December 31, (in millions) 2023 2022 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ 6,042 $ (40,386) Other investments 13 (15) Total increase (decrease) in unrealized appreciation (depreciation) of investments $ 6,055 $ (40,401) 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: Years Ended December 31, 2023 2022 (in millions) Equities Other Invested Assets Total Equities Other Invested Assets Total Net gains (losses) recognized during the period on equity securities and other investments $ 41 $ 240 $ 281 $ (82) $ 353 $ 271 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 57 1 58 (46) (11) (57) Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (16) $ 239 $ 223 $ (36) $ 364 $ 328
Rollforward of the Changes In Allowance for Credit Losses	Credit Impairments The following table presents a rollforward of the changes in allowance for credit losses on available-for-sale fixed maturity securities by major investment category: Years Ended December 31, 2023 2022 2021 (in millions) Structured Non-Structured Total Structured Non-Structured Total Structured Non-Structured Total Balance, beginning of year $ 27 $ 121 $ 148 $ 8 $ 70 $ 78 $ 14 $ 117 $ 131 Additions: Securities for which allowance for credit losses were not previously recorded 59 84 143 36 139 175 3 46 49 Purchases of available-for-sale debt securities accounted for as purchased credit deteriorated assets — — — — — — — — — Accretion of available-for-sale debt securities accounted for as purchased credit deteriorated assets — — — — — — — — — Reductions: Securities sold during the period (2) (30) (32) (3) (48) (51) (4) (19) (23) 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 (10) 38 28 (14) (15) (29) (5) (55) (60) Write-offs charged against the allowance (19) (140) (159) — (25) (25) — (19) (19) Balance, end of year $ 55 $ 73 $ 128 $ 27 $ 121 $ 148 $ 8 $ 70 $ 78
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) December 31, 2023 December 31, 2022 Fixed maturity securities available-for-sale $ 2,655 $ 2,968 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 December 31, 2023 Bonds available-for-sale: Non-U.S. governments $ — $ 209 $ — $ — $ — $ 209 Corporate debt 38 2,408 — — — 2,446 Total $ 38 $ 2,617 $ — $ — $ — $ 2,655 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)	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Composition of Mortgages and Other Loans Receivable	The following table presents the composition of Mortgage and other loans receivable, net: (in millions) December 31, 2023 December 31, 2022 Commercial mortgages (a) $ 34,172 $ 32,993 Residential mortgages 8,445 5,856 Life insurance policy loans 1,746 1,750 Commercial loans, other loans and notes receivable (b) 3,202 4,567 Total mortgage and other loans receivable 47,565 45,166 Allowance for credit losses (c) (698) (600) Mortgage and other loans receivable, net $ 46,867 $ 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 December 31, 2023, and 20% and 11%, respectively, at December 31, 2022). The weighted average loan-to-value ratio for NY and CA was 61% and 55% at December 31, 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 December 31, 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 December 31, 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 $58 million and $60 million at December 31, 2023 and December 31, 2022, respectively, in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities.
Credit Quality	The following table presents debt service coverage ratios for commercial mortgages by year of vintage*: December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total >1.2X $ 2,156 $ 6,042 $ 1,955 $ 1,252 $ 4,813 $ 11,675 $ 27,893 1.00 - 1.20X 291 1,077 1,320 312 156 2,334 5,490 <1.00X — 40 — — — 749 789 Total commercial mortgages $ 2,447 $ 7,159 $ 3,275 $ 1,564 $ 4,969 $ 14,758 $ 34,172 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 December 31, 2023 and 1.9X at December 31, 2022. The debt service coverage ratios are updated when additional information becomes available. The following table presents loan-to-value ratios for commercial mortgages by year of vintage*: December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total Less than 65% $ 2,088 $ 4,470 $ 2,249 $ 1,126 $ 2,676 $ 10,186 $ 22,795 65% to 75% 280 1,748 658 287 1,916 2,853 7,742 76% to 80% — 343 89 — 377 340 1,149 Greater than 80% 79 598 279 151 — 1,379 2,486 Total commercial mortgages $ 2,447 $ 7,159 $ 3,275 $ 1,564 $ 4,969 $ 14,758 $ 34,172 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 December 31, 2023, and 59% at December 31, 2022. The loan-to-value ratios have been updated within the last three months to reflect the current carrying values of the loans. 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 December 31, 2023 Credit Quality Performance Indicator: In good standing 600 $ 13,861 $ 8,468 $ 3,787 $ 5,908 $ 1,805 $ 325 $ 34,154 100% 90 days or less delinquent 1 — 18 — — — — 18 —% >90 days delinquent or in process of foreclosure (a) — — — — — — — — —% Total (b) 601 $ 13,861 $ 8,486 $ 3,787 $ 5,908 $ 1,805 $ 325 $ 34,172 100% Allowance for credit losses $ 85 $ 340 $ 74 $ 83 $ 27 $ 5 $ 614 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 of Office loans supporting the Fortitude Re funds withheld arrangements, greater than 90 days delinquent or in process of foreclosure, at December 31, 2022. Office loans supporting the Fortitude Re funds have been foreclosed and are reported in Other invested assets in the Condensed Consolidated Balance sheets, at December 31, 2023. (b) Does not reflect allowance for credit losses. The following table presents credit quality performance indicators for residential mortgages by year of vintage: December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total FICO*: 780 and greater $ 514 $ 528 $ 2,280 $ 619 $ 239 $ 497 $ 4,677 720 - 779 1,121 608 558 168 99 209 2,763 660 - 719 313 256 113 40 37 120 879 600 - 659 2 20 11 8 9 51 101 Less than 600 — — 2 2 4 17 25 Total residential mortgages $ 1,950 $ 1,412 $ 2,964 $ 837 $ 388 $ 894 $ 8,445 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*: Years Ended December 31, 2023 2022 2021 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Allowance, beginning of year $ 531 $ 69 $ 600 $ 423 $ 73 $ 496 $ 546 $ 111 $ 657 Loans charged off (106) — (106) (13) — (13) (1) — (1) Net charge-offs (106) — (106) (13) — (13) (1) — (1) Addition to (release of) allowance for loan losses 189 15 204 121 (4) 117 (122) (19) (141) Divestitures — — — — — — — (19) (19) Allowance, end of year $ 614 $ 84 $ 698 $ 531 $ 69 $ 600 $ 423 $ 73 $ 496 * Does not include allowance for credit losses of $58 million, $60 million and $57 million, respectively, at December 31, 2023, 2022 and 2021 in relation to the off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities in the Consolidated Balance Sheets.

Reinsurance (Tables)

Reinsurance (Tables)	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Summary of Assets Supporting Funds Withheld Arrangements	There is a diverse pool of assets supporting the funds withheld arrangements with Fortitude Re. The following summarizes the composition of the pool of assets: December 31, 2023 December 31, 2022 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available-for-sale $ 15,204 $ 15,204 $ 16,339 $ 16,339 Fair value through other comprehensive income Fixed maturity securities - fair value option 4,212 4,212 3,485 3,485 Fair value through net investment income Commercial mortgage loans 3,378 3,157 3,490 3,241 Amortized cost Real estate investments 184 329 133 348 Amortized cost Private equity funds/hedge funds 1,910 1,910 1,893 1,893 Fair value through net investment income Policy loans 330 330 355 355 Amortized cost Short-term Investments 129 129 69 69 Fair value through net investment income Funds withheld investment assets 25,347 25,271 25,764 25,730 Derivative assets, net (a) 45 45 90 90 Fair value through realized gains (losses) Other (b) 641 641 731 731 Amortized cost Total $ 26,033 $ 25,957 $ 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 $62 million and $6 million, respectively, as of December 31, 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.
Summary of The Impact of Funds Withheld Arrangements	The impact of the funds withheld arrangements with Fortitude Re was as follows: Years Ended December 31, (in millions) 2023 2022 2021 Net investment income - Fortitude Re funds withheld assets $ 1,368 $ 891 $ 1,775 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized gains (losses) Fortitude Re funds withheld assets (224) (397) 924 Net realized losses Fortitude Re funds withheld embedded derivatives (1,734) 6,347 (687) Net realized gains (losses) on Fortitude Re funds withheld assets (1,958) 5,950 237 Income before income tax benefit (expense) (590) 6,841 2,012 Income tax expense (benefit)* (124) 1,437 423 Net income (loss) (466) 5,404 1,589 Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available-for-sale* 491 (5,064) (1,488) Comprehensive income $ 25 $ 340 $ 101 * The income tax expense (benefit) and the tax impact in accumulated other comprehensive income was computed using Corebridge’s 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 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: Years Ended December 31, (in millions) 2023 2022 2021 Balance, beginning of year $ 84 $ 101 $ 83 Addition to (release of) allowance for expected credit losses and disputes, net (5) 8 18 Write-offs charged against the allowance for credit losses and disputes (49) — — Other changes — (25) — Balance, end of year $ 30 $ 84 $ 101 There w ere no material recoveries of credit losses previously written off for th e year ended December 31, 2023 or 2022.
Effects of Reinsurance	The following table presents the impacts of reinsurance ceded and the corresponding gross liabilities on the Consolidated Balance Sheets: December 31, (in millions) 2023 2022 Assets Reinsurance assets, net of allowance $ 1,620 $ 2,517 Reinsurance assets - Fortitude Re, net of allowance 26,772 26,844 Total Assets $ 28,392 $ 29,361 Liabilities Future policy benefits for life and accident and health insurance contracts $ 57,108 $ 50,518 Policyholder contract deposits 162,050 156,058 Other policyholder funds 2,862 2,885 Total Liabilities $ 222,020 $ 209,461 The following table presents premiums earned and policy fees for our long-duration life insurance and annuity operations: Years Ended December 31, (in millions) 2023 2022 2021 Premiums Direct $ 4,706 $ 4,739 $ 4,603 Assumed * 4,111 1,318 2,265 Ceded (1,126) (966) (1,215) Net $ 7,691 $ 5,091 $ 5,653 Policy Fees Direct $ 2,873 $ 2,992 $ 3,090 Assumed — — — Ceded (76) (78) (85) Net $ 2,797 $ 2,914 $ 3,005 * Assumed premiums includes premium from pension risk transfer agreements o f $4.1 billion, $1.3 billion, and $2.3 billion for the years ended December 31, 2023, 2022 and 2021, respectively.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The following table presents the total assets and total liabilities associated with our variable interests in consolidated VIEs, as classified in the Consolidated Balance Sheets: (in millions) Real Estate and Investment Entities (c) Securitization and Repackaging Vehicles (d) Total December 31, 2023 Assets: Bonds available-for-sale $ 36 $ 76 $ 112 Other bond securities 45 — 45 Equity securities 8 — 8 Mortgage and other loans receivable — 1,941 1,941 Other invested assets Alternative investments (a) 2,695 — 2,695 Investment real estate 1,488 — 1,488 Short-term investments 125 5 130 Cash 61 — 61 Accrued investment income 2 5 7 Other assets 93 2 95 Total assets (b) $ 4,553 $ 2,029 $ 6,582 Liabilities: Debt of consolidated investment entities $ 1,117 $ 1,149 $ 2,266 Other liabilities 82 1 83 Total liabilities $ 1,199 $ 1,150 $ 2,349 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 December 31, 2023 and December 31, 2022. (b) The as sets 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 December 31, 2023 and December 31, 2022, together, the Company and AIG affiliates have commitments to internal parties of $1.8 billion and $2.1 billion and commitments to external parties of $0.4 billion and $0.6 billion, resp ectively. At December 31, 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 year ended December 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 Consolidated Income Statements: Real Estate and Investment Entities Securitization and Repackaging Vehicles Affordable Housing Partnerships (in millions) Total December 31, 2023 Total revenue $ 11 $ 131 $ — $ 142 Net (loss) attributable to noncontrolling interests (68) — — (68) Net income attributable to Corebridge 13 94 — 107 December 31, 2022 Total revenue $ 681 $ 229 $ — $ 910 Net income attributable to noncontrolling interests 318 3 — 321 Net income attributable to Corebridge 314 47 — 361 December 31, 2021 Total revenue $ 1,639 $ 247 $ 450 $ 2,336 Net income attributable to noncontrolling interests 858 3 68 929 Net income (loss) attributable to Corebridge 525 (33) 304 796 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 December 31, 2023 Real estate and investment entities (a) $ 398,978 $ 5,532 $ 2,870 $ 8,402 Total $ 398,978 $ 5,532 $ 2,870 $ 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 December 31, 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)	12 Months Ended
	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the notional amounts of our derivatives and the fair value of derivative assets and liabilities in the Consolidated Balance Sheets: December 31, 2023 December 31, 2022 Gross Derivative Gross Derivative Liabilities Gross Derivative Gross Derivative Liabilities (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Derivatives designated as hedging instruments: (a) Interest rate contracts $ 2,213 $ 238 $ 833 $ 18 $ 155 $ 202 $ 1,798 $ 77 Foreign exchange contracts 2,918 354 4,829 164 3,535 575 3,354 176 Derivatives not designated as hedging instruments: (a) Interest rate contracts 41,056 2,709 41,225 3,260 27,656 1,371 21,553 2,599 Foreign exchange contracts 6,260 586 7,878 399 4,630 672 6,673 456 Equity contracts 76,561 2,017 14,144 745 26,041 417 9,962 27 Credit contracts 305 8 5 — — — — — Other contracts (b) 44,640 13 47 2 47,128 15 48 — Total derivatives, gross $ 173,953 $ 5,925 $ 68,961 $ 4,588 $ 109,145 $ 3,252 $ 43,388 $ 3,335 Counterparty netting (c) (3,646) (3,646) (2,547) (2,547) Cash collateral (d) (1,886) (801) (406) (691) Total derivatives on Condensed Consolidated Balance Sheets (e) $ 393 $ 141 $ 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 December 31, 2023 and December 31, 2022. The fair value of liabilities related to bifurcated embedded derivatives was $10.2 billion and $6.7 billion at December 31, 2023 and December 31, 2022, respectively. A bifurcated embedded derivative is generally presented with the host contract in the 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: December 31, 2023 December 31, 2022 Gross Derivative Gross Derivative Gross Derivative Gross Derivative (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Total derivatives with related parties $ 53,163 $ 622 $ 5,720 $ 232 $ 60,633 $ 3,177 $ 42,109 $ 3,154 Total derivatives with third parties 120,790 5,303 63,241 4,356 48,512 75 1,279 181 Total derivatives, gross $ 173,953 $ 5,925 $ 68,961 $ 4,588 $ 109,145 $ 3,252 $ 43,388 $ 3,335 As of December 31, 2023 and December 31, 2022, the following amounts were recorded on the 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: December 31, 2023 December 31, 2022 (in millions) Carrying Cumulative Amount of Carrying Cumulative Amount of Balance sheet line item in which hedged item is recorded: Fixed maturities, available-for-sale, at fair value $ 7,412 $ — $ 6,520 $ — Commercial mortgage and other loans (a) — (24) — (25) Policyholder contract deposits (b) (4,756) (31) (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 Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Year Ended December 31, 2023 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances 86 — (98) (12) Net investment income — — 1 1 Foreign exchange contracts: Realized gains (losses) (243) 15 243 15 Year Ended December 31, 2022 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (156) — 151 (5) Net investment income 11 — (12) (1) Foreign exchange contracts: Realized gains (losses) 459 171 (459) 171 Year Ended December 31, 2021 Interest rate contracts: Realized gains (losses) $ — $ — $ — $ — Interest credited to policyholder account balances (62) 18 54 10 Net investment income 9 — (11) (2) Foreign exchange contracts: Realized gains (losses) 260 31 (260) 31 (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 Consolidated Statements of Income (Loss): Years Ended December 31, Gains (Losses) Recognized in Earnings (in millions) 2023 2022 2021 By Derivative Type: Interest rate contracts $ (397) $ (2,386) $ (585) Foreign exchange contracts (215) 1,028 476 Equity contracts (120) (483) (742) Credit contracts — (1) (11) Other contracts 64 64 64 Embedded derivatives within policyholder contract deposits (1,477) 1,120 (477) Fortitude Re funds withheld embedded derivative (1,734) 6,347 (687) Total (a) $ (3,879) $ 5,689 $ (1,962) By Classification: Policy fees $ 64 $ 61 $ 62 Net investment income (10) (10) 6 Net realized gains - excluding Fortitude Re funds withheld assets (b) (990) 817 445 Net realized gains (losses) on Fortitude Re funds withheld assets (90) (121) 33 Net realized losses on Fortitude Re funds withheld embedded derivatives (1,734) 6,347 (687) Policyholder benefits — (19) (4) Change in Fair value of market risk benefits (c) (1,119) (1,386) (1,817) Total (a) $ (3,879) $ 5,689 $ (1,962) (a) Includes gains (losses) with related parties of $(1.1) billion, $(2.5) billion and $(0.4) billion for the Years Ended December 31, 2023, 2022 and 2021, respectively. (b) Includes a $13 million gain (loss) related to the sale of Laya and AIG Life reported in Net (gain) loss on divestitures. For further details on these transactions, see Notes 1 and 4.

Deferred Policy Acquisition C_2

Deferred Policy Acquisition Costs (Tables)	12 Months Ended
	Dec. 31, 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 reduced 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 years ended December 31, 2023, 2022 and 2021: Individual Group Life Institutional Total (in millions) DAC: Balance at January 1, 2023 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 705 77 450 28 1,260 Amortization expense (571) (82) (372) (9) (1,034) Other, including foreign exchange — — 36 — 36 Reclassified to Assets held-for-sale — — (740) — (740) Balance at December 31, 2023 $ 4,777 $ 1,055 $ 4,092 $ 70 $ 9,994 Balance at January 1, 2022 $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 Capitalization 562 62 414 21 1,059 Amortization expense (523) (80) (401) (7) (1,011) Other, including foreign exchange — — (60) (1) (61) Balance at December 31, 2022 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Balance at January 1, 2021 $ 4,476 $ 1,093 $ 4,773 $ 33 $ 10,375 Capitalization 579 63 404 10 1,056 Amortization expense (451) (78) (406) (6) (941) Other, including foreign exchange — — (6) 1 (5) Balance at December 31, 2021 $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 VOBA: Balance at January 1, 2023 $ 3 $ 1 $ 87 $ — $ 91 Amortization expense (1) — (7) — (8) Other, including foreign exchange — — 8 — 8 Reclassified to Assets held-for-sale — — (74) — (74) Balance at December 31, 2023 $ 2 $ 1 $ 14 $ — $ 17 Balance at January 1, 2022 $ 3 $ 1 $ 109 $ — $ 113 Amortization expense — — (9) — (9) Other, including foreign exchange — — (13) — (13) Balance at December 31, 2022 $ 3 $ 1 $ 87 $ — $ 91 Balance at January 1, 2021 $ 3 $ 1 $ 121 $ — $ 125 Amortization expense — — (10) — (10) Other, including foreign exchange — — (2) — (2) Balance at December 31, 2021 $ 3 $ 1 $ 109 $ — $ 113 Total DAC and VOBA: Balance at December 31, 2023 $ 10,011 Balance at December 31, 2022 $ 10,563 Balance at December 31, 2021 $ 10,598 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 reduced DSI. The following table presents a rollforward of deferred sales inducement assets related to long-duration contracts for the years ended December 31, 2023, 2022, and 2021: Years Ended December 31, 2023 2022 2021 Individual Group Total Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 $ 476 $ 205 $ 681 Capitalization 7 1 8 9 — 9 10 — 10 Amortization expense (55) (14) (69) (56) (14) (70) (58) (14) (72) Balance, end of period $ 333 $ 164 $ 497 $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 Other reconciling items* 1,797 1,963 2,995 Other assets, including restricted cash $ 2,294 $ 2,521 $ 3,614 * Other reconciling items include prepaid expenses, goodwill, intangible assets and any similar items.

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table presents the changes in goodwill by operating segment: (in millions) Life Corporate Total Balance at January 1, 2022: Goodwill - gross 236 33 269 Accumulated impairments (67) (10) (77) Net goodwill 169 23 192 Increase (decrease) due to: Dispositions — — — Other * (16) (1) (17) Balance at December 31, 2022: Goodwill - gross 220 32 252 Accumulated impairments (67) (10) (77) Net goodwill 153 22 175 Increase (decrease) due to: Dispositions (30) (9) (39) Other * 3 1 4 Reclassified to Assets held-for-sale (23) — (23) Balance at December 31, 2023: Goodwill - gross 170 24 194 Accumulated impairments (67) (10) (77) Net goodwill $ 103 $ 14 $ 117 * Other primarily relates to changes in foreign currencies.

Future Policy Benefits (Tables)

Future Policy Benefits (Tables)	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Liability for Future Policy Benefit, Activity	The following table presents the transition rollforward of the liability for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 liability for future policy benefits balance $ 1,309 $ 282 $ 11,129 $ 11,029 $ 22,206 $ 45,955 Adjustments for the reclassification to the deferred profit liability (65) (8) — (766) (859) (1,698) Change in cash flow assumptions and effect of net premiums exceeding gross premiums (14) 2 16 4 55 63 Effect of the remeasurement of the liability at a current single A rate 156 63 2,977 1,655 7,611 12,462 Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other (63) (60) 4 (292) — (411) Post-adoption January 1, 2021 liability for future policy benefits balance $ 1,323 $ 279 $ 14,126 $ 11,630 $ 29,013 $ 56,371 The following tables present the balances and changes in the liability for future policy benefits and a reconciliation of the net liability for future policy benefits to the liability for future policy benefits in the Consolidated Balance Sheets: Year Ended December 31, 2023 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Effect of changes in discount rate assumptions (AOCI) — — 1,872 — 66 1,938 Beginning balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in cash flow assumptions — — 34 — 21 55 Effect of actual variances from expected experience — — 62 — 20 82 Adjusted beginning of year balance — — 13,622 — 1,098 14,720 Issuances — — 1,277 — — 1,277 Interest accrual — — 437 — 46 483 Net premium collected — — (1,464) — (118) (1,582) Foreign exchange impact — — 265 — — 265 Other — — 11 — (9) 2 Ending balance at original discount rate — — 14,148 — 1,017 15,165 Effect of changes in discount rate assumptions (AOCI) — — (1,482) — (44) (1,526) Reclassified to Liabilities held-for-sale — — (4,287) — — (4,287) Balance, end of year $ — $ — $ 8,379 $ — $ 973 $ 9,352 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) (5) (2) 122 15 — 130 Adjusted beginning of year balance 1,385 211 24,787 15,113 21,588 63,084 Issuances 173 18 1,266 5,339 4 6,800 Interest accrual 55 11 908 664 1,026 2,664 Benefit payments (128) (26) (1,921) (1,087) (1,503) (4,665) Foreign exchange impact — — 345 359 — 704 Other — — 10 — (24) (14) Ending balance at original discount rate 1,485 214 25,395 20,388 21,091 68,573 Effect of changes in discount rate assumptions (AOCI) (132) 3 (2,745) (1,906) (437) (5,217) Reclassified to Liabilities held-for-sale — — (5,119) — — (5,119) Balance, end of year $ 1,353 $ 217 $ 17,531 $ 18,482 $ 20,654 $ 58,237 Net liability for future policy benefits, end of year 1,353 217 9,152 18,482 19,681 48,885 Liability for future policy benefits for certain participating contracts — — 13 — 1,300 1,313 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,731 — 55 3,786 Deferred profit liability 84 10 19 1,543 855 2,511 Other reconciling items (c) 33 — 485 — 95 613 Future policy benefits for life and accident and health insurance contracts 1,470 227 13,400 20,025 21,986 57,108 Less: Reinsurance recoverable: (4) — (719) (39) (21,986) (22,748) Net liability for future policy benefits after reinsurance recoverable $ 1,466 $ 227 $ 12,681 $ 19,986 $ — $ 34,360 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.8 6.8 12.8 12.1 11.5 Year Ended December 31, 2022 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Effect of changes in discount rate assumptions (AOCI) — — (706) — (150) (856) Beginning balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in cash flow assumptions — — 123 — — 123 Effect of actual variances from expected experience — — (79) — 7 (72) Adjusted beginning of year balance — — 13,707 — 1,131 14,838 Issuances — — 1,358 — — 1,358 Interest accrual — — 397 — 48 445 Net premium collected — — (1,418) — (123) (1,541) Foreign exchange impact — — (517) — — (517) Other — — (1) — 1 — Ending balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in discount rate assumptions (AOCI) — — (1,872) — (66) (1,938) Balance, end of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 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) (30) (2) (94) 3 1 (122) Adjusted beginning of year balance 1,248 216 24,771 13,017 22,002 61,254 Issuances 216 12 1,374 2,782 9 4,393 Interest accrual 42 10 876 459 1,233 2,620 Benefit payments (116) (26) (1,757) (821) (1,483) (4,203) Foreign exchange impact — — (657) (339) — (996) Other — 1 (4) — (249) (252) Ending balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in discount rate assumptions (AOCI) (167) (2) (3,424) (2,634) (1,083) (7,310) Balance, end of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Net liability for future policy benefits, end of year 1,223 211 9,525 12,464 19,438 42,861 Liability for future policy benefits for certain participating contracts — — 14 — 1,338 1,352 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,300 — 55 3,355 Deferred profit liability 99 12 15 1,281 896 2,303 Other reconciling items (c) 37 — 500 — 110 647 Future policy benefits for life and accident and health insurance contracts 1,359 223 13,354 13,745 21,837 50,518 Less: Reinsurance recoverable: (4) — (1,107) (36) (21,837) (22,984) Net liability for future policy benefits after reinsurance recoverable $ 1,355 $ 223 $ 12,247 $ 13,709 $ — $ 27,534 Weighted average liability duration of the liability for future policy benefits (d) 7.6 6.9 12.2 10.8 11.4 Year Ended December 31, 2021 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 13,793 $ — $ 1,506 $ 15,299 Effect of changes in discount rate assumptions (AOCI) — — (1,374) — (249) (1,623) Beginning balance at original discount rate — — 12,419 — 1,257 13,676 Effect of changes in cash flow assumptions — — 164 — (72) 92 Effect of actual variances from expected experience — — 371 — 14 385 Adjusted beginning of year balance — — 12,954 — 1,199 14,153 Issuances — — 1,727 — — 1,727 Interest accrual — — 392 — 54 446 Net premium collected — — (1,364) — (129) (1,493) Foreign exchange impact — — (46) — — (46) Other — — — — — — Ending balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in discount rate assumptions (AOCI) — — 706 — 150 856 Balance, end of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Present value of expected future policy benefits Balance, beginning of year $ 1,323 $ 279 $ 27,919 $ 11,630 $ 30,519 $ 71,670 Effect of changes in discount rate assumptions (AOCI) (156) (63) (4,351) (1,654) (7,862) (14,086) Beginning balance at original discount rate 1,167 216 23,568 9,976 22,657 57,584 Effect of changes in cash flow assumptions (a) — — 193 — (83) 110 Effect of actual variances from expected experience (a) 1 (1) 413 (3) (121) 289 Adjusted beginning of year balance 1,168 215 24,174 9,973 22,453 57,983 Issuances 172 21 1,713 3,366 15 5,287 Interest accrual 41 11 876 380 1,085 2,393 Benefit payments (101) (28) (1,981) (696) (1,530) (4,336) Foreign exchange impact — — (60) (3) — (63) Other (2) (1) 3 — (22) (22) Ending balance at original discount rate 1,278 218 24,725 13,020 22,001 61,242 Effect of changes in discount rate assumptions (AOCI) 95 46 2,717 870 5,673 9,401 Balance, end of year $ 1,373 $ 264 $ 27,442 $ 13,890 $ 27,674 $ 70,643 Net liability for future policy benefits, end of year 1,373 264 13,073 13,890 26,400 55,000 Liability for future policy benefits for certain participating contracts — — 15 — 1,382 1,397 Liability for universal life policies with secondary guarantees and similar features (b) — — 4,952 — 55 5,007 Deferred profit liability 81 11 10 1,218 916 2,236 Other reconciling items (c) 42 — 485 1 102 630 Future policy benefits for life and accident and health insurance contracts 1,496 275 18,535 15,109 28,855 64,270 Less: Reinsurance recoverable: (4) — (1,715) (47) (28,855) (30,621) Net liability for future policy benefits after reinsurance recoverable $ 1,492 $ 275 $ 16,820 $ 15,062 $ — $ 33,649 Weighted average liability duration of the liability for future policy benefits (d) 8.6 7.8 14.4 13.0 13.7 (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 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: Years Ended December 31, (in millions) 2023 2022 2021 Individual Retirement Undiscounted expected future benefits and expense $ 2,131 $ 1,959 $ 1,747 Undiscounted expected future gross premiums $ — $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 313 $ 321 $ 328 Undiscounted expected future gross premiums $ — $ — $ — Life Insurance (a) (b) Undiscounted expected future benefits and expense $ 40,489 $ 38,909 $ 38,869 Undiscounted expected future gross premiums $ 30,458 $ 29,035 $ 29,272 Institutional Markets Undiscounted expected future benefits and expense $ 38,253 $ 25,066 $ 20,839 Undiscounted expected future gross premiums $ — $ — $ — Corporate and other (c)(d) Undiscounted expected future benefits and expense $ 43,071 $ 44,530 $ 46,038 Undiscounted expected future gross premiums $ 2,146 $ 2,262 $ 2,437 (a) Includes balances that have been reclassified to Liabilities held-for-sale in the Consolidated Balance Sheets. See Note 4 for additional information. (b) Life insurance discounted expected future gross premiums (at current discount rate) for 2023 were $20.2 billion. (c) Corporate and other discounted expected future gross premiums (at current discount rate) for 2023 were $1.4 billion (d) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Years Ended December 31, Years Ended December 31, (in millions) 2023 2022 2021 2023 2022 2021 Individual Retirement $ 202 $ 224 $ 186 $ 55 $ 42 $ 41 Group Retirement 19 19 21 11 10 11 Life Insurance 2,393 2,342 2,319 471 479 484 Institutional Markets 5,638 2,940 3,818 664 459 380 Corporate and Other 215 224 236 980 1,185 1,031 Total $ 8,467 $ 5,749 $ 6,580 $ 2,181 $ 2,175 $ 1,947 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other December 31, 2023 Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.10 % 4.14 % 4.86 % Weighted-average interest rate, current discount rate * 5.04 % 5.02 % 5.04 % 4.96 % 5.08 % December 31, 2022 Weighted-average interest rate, original discount rate 3.58 % 5.17 % 4.08 % 3.56 % 4.88 % Weighted-average interest rate, current discount rate 5.32 % 5.30 % 5.33 % 5.30 % 5.36 % December 31, 2021 Weighted-average interest rate, original discount rate 3.23 % 4.96 % 4.11 % 3.22 % 4.83 % Weighted-average interest rate, current discount rate 2.75 % 2.68 % 2.85 % 2.71 % 3.08 % * Weighted-average interest rates for Life Insurance include balances that have been reclassified to Liabilities held-for-sale. 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 16. (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: Years Ended December 31, 2023 2022 2021 Life Corporate and Other Total 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 $ 5,117 $ 55 $ 5,172 Effect of changes in assumptions (41) — (41) (24) — (24) (116) — (116) Effect of changes in experience 319 (4) 315 303 (4) 299 331 (4) 327 Adjusted beginning balance $ 3,578 $ 51 $ 3,629 $ 5,231 $ 51 $ 5,282 $ 5,332 $ 51 $ 5,383 Assessments 671 2 673 687 2 689 669 2 671 Excess benefits paid (943) — (943) (909) — (909) (859) — (859) Interest accrual 132 2 134 126 2 128 136 2 138 Other (9) — (9) (11) — (11) 24 — 24 Changes related to unrealized appreciation (depreciation) of investments 302 — 302 (1,824) — (1,824) (350) — (350) Balance, end of year $ 3,731 $ 55 $ 3,786 $ 3,300 $ 55 $ 3,355 $ 4,952 $ 55 $ 5,007 Less: Reinsurance recoverable (164) — (164) (191) — (191) (200) — (200) Balance, end of year, net of Reinsurance recoverable $ 3,567 $ 55 $ 3,622 $ 3,109 $ 55 $ 3,164 $ 4,752 $ 55 $ 4,807 Weighted average duration of liability * 25.4 9.2 26.3 9.5 27.1 9.8 * 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 Consolidated Statements of Income (Loss) for the liability for universal life policies with secondary guarantees and similar features: Gross Assessments Years Ended December 31, Interest Accretion Years Ended December 31, (in millions) 2023 2022 2021 2023 2022 2021 Life Insurance $ 1,109 $ 1,193 $ 1,187 $ 132 $ 126 $ 136 Corporate and Other 37 39 39 2 2 2 Total $ 1,146 $ 1,232 $ 1,226 $ 134 $ 128 $ 138 The following table presents the calculation of weighted average interest rate for the liability for universal life policies with secondary guarantees and similar features: December 31, 2023 2022 2021 Life Corporate and Other Life Corporate and Other Life Corporate and Other Weighted-average interest rate 3.92 % 4.20 % 3.76 % 4.24 % 3.74 % 4.21 % 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: Years Ended December 31, (in millions, except for attained age of contract holders) 2023 2022 Account value $ 3,721 $ 3,514 Net amount at risk $ 72,422 $ 69,335 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) : Individual Group Life Institutional Corporate and other Total (in millions, except for average crediting rate) Year Ended December 31, 2023 Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 18,188 5,352 1,632 3,813 44 29,029 Policy charges (840) (477) (1,524) (67) (64) (2,972) Surrenders and withdrawals (14,025) (8,310) (256) (722) (93) (23,406) Benefit payments (3,770) (2,518) (281) (2,405) (300) (9,274) Net transfers from (to) separate account 3,617 2,705 3 792 — 7,117 Interest credited 2,188 1,141 413 507 168 4,417 Other (16) 11 20 (3) (9) 3 Policyholder contract deposits account balance, end of year 94,896 41,299 10,231 13,649 3,333 163,408 Other reconciling items (b) (1,429) (230) 208 93 — (1,358) Policyholder contract deposits $ 93,467 $ 41,069 $ 10,439 $ 13,742 $ 3,333 $ 162,050 Weighted average crediting rate 2.68 % 2.91 % 4.41 % 4.08 % 4.99 % Cash surrender value (c) $ 88,685 $ 40,210 $ 9,026 $ 2,583 $ 1,712 $ 142,216 Year Ended December 31, 2022 Policyholder contract deposits account balance, beginning of year $ 84,097 $ 43,902 $ 10,183 $ 10,804 $ 3,823 $ 152,809 Deposits 15,186 4,946 1,674 1,494 48 23,348 Policy charges (870) (462) (1,570) (69) (65) (3,036) Surrenders and withdrawals (8,921) (5,712) (211) (134) (64) (15,042) Benefit payments (3,798) (2,528) (216) (775) (349) (7,666) Net transfers from (to) separate account 2,248 2,149 (5) 144 — 4,536 Interest credited 1,608 1,100 377 301 178 3,564 Other 4 — (8) (31) 16 (19) Policyholder contract deposits account balance, end of year 89,554 43,395 10,224 11,734 3,587 158,494 Other reconciling items (b) (2,136) (319) 34 (16) 1 (2,436) Policyholder contract deposits $ 87,418 $ 43,076 $ 10,258 $ 11,718 $ 3,588 $ 156,058 Weighted average crediting rate 2.43 % 2.77 % 4.29 % 2.71 % 4.91 % Cash surrender value (c) $ 83,278 $ 41,831 $ 8,866 $ 2,537 $ 1,808 $ 138,320 Year Ended December 31, 2021 Policyholder contract deposits account balance, beginning of year $ 80,012 $ 43,406 $ 10,012 $ 11,351 $ 4,143 $ 148,924 Deposits 13,774 5,146 1,702 1,272 53 21,947 Policy charges (781) (523) (1,567) (65) (69) (3,005) Surrenders and withdrawals (8,863) (5,795) (212) (91) (76) (15,037) Benefit payments (4,031) (2,329) (245) (1,948) (374) (8,927) Net transfers from (to) separate account 1,531 2,750 (2) 61 — 4,340 Interest credited 2,444 1,249 447 263 191 4,594 Other 11 (2) 48 (39) (45) (27) Policyholder contract deposits account balance, end of year 84,097 43,902 10,183 10,804 3,823 152,809 Other reconciling items (b) (1,289) (259) 117 165 2 (1,264) Policyholder contract deposits $ 82,808 $ 43,643 $ 10,300 $ 10,969 $ 3,825 $ 151,545 Weighted average crediting rate 2.42 % 2.79 % 4.28 % 2.41 % 4.92 % Cash surrender value (c) $ 79,787 $ 43,359 $ 8,826 $ 2,520 $ 1,880 $ 136,372 (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 16. 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: December 31, 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% $ 6,498 $ 2,078 $ 26,873 $ 35,449 > 1% - 2% 3,749 22 1,771 5,542 > 2% - 3% 8,046 11 972 9,029 > 3% - 4% 6,610 37 5 6,652 > 4% - 5% 426 — 4 430 > 5% 32 — 3 35 Total $ 25,361 $ 2,148 $ 29,628 $ 57,137 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,185 $ 2,344 $ 6,830 $ 11,359 > 1% - 2% 3,731 1,242 671 5,644 > 2% - 3% 12,073 211 110 12,394 > 3% - 4% 615 — — 615 > 4% - 5% 6,635 — — 6,635 > 5% 144 — — 144 Total $ 25,383 $ 3,797 $ 7,611 $ 36,791 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 132 346 478 > 2% - 3% 9 855 1,082 1,946 > 3% - 4% 1,170 496 26 1,692 > 4% - 5% 2,851 — — 2,851 > 5% 216 — — 216 Total $ 4,246 $ 1,483 $ 1,454 $ 7,183 Total* $ 54,990 $ 7,428 $ 38,693 $ 101,111 Percentage of total 55% 7% 38% 100% December 31, 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% $ 8,766 $ 2,161 $ 21,702 $ 32,629 > 1% - 2% 4,208 24 2,195 6,427 > 2% - 3% 9,502 — 17 9,519 > 3% - 4% 7,630 40 6 7,676 > 4% - 5% 456 — 5 461 > 5% 33 — 4 37 Total $ 30,595 $ 2,225 $ 23,929 $ 56,749 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 3,611 $ 1,427 $ 5,609 $ 10,647 > 1% - 2% 5,628 727 150 6,505 > 2% - 3% 13,968 3 — 13,971 > 3% - 4% 666 — — 666 > 4% - 5% 6,843 — — 6,843 > 5% 154 — — 154 Total $ 30,870 $ 2,157 $ 5,759 $ 38,786 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% 1 129 352 482 > 2% - 3% 32 831 1,116 1,979 > 3% - 4% 1,369 180 195 1,744 > 4% - 5% 2,974 — — 2,974 > 5% 223 — — 223 Total $ 4,599 $ 1,140 $ 1,663 $ 7,402 Total* $ 66,064 $ 5,522 $ 31,351 $ 102,937 Percentage of total 64% 5% 30% 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 reduced URR. The following table presents a rollforward of the unearned revenue reserve for the years ended December 31, 2023, 2022 and 2021: Year Ended December 31, 2023 Life Institutional Corporate and Other Total (in millions) Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 153 — — 153 Amortization (110) (1) (11) (122) Balance, end of year $ 1,770 $ 1 $ 94 $ 1,865 Other reconciling items* 997 Other policyholder funds $ 2,862 Year Ended December 31, 2022 Balance, beginning of year $ 1,693 $ 2 $ 116 $ 1,811 Revenue deferred 143 — — 143 Amortization (109) — (11) (120) Balance, end of year $ 1,727 $ 2 $ 105 $ 1,834 Other reconciling items* 1,051 Other policyholder funds $ 2,885 Year Ended December 31, 2021 Balance, beginning of year $ 1,661 $ 2 $ 132 $ 1,795 Revenue deferred 140 — — 140 Amortization (108) — (15) (123) Other, including foreign exchange — — (1) (1) Balance, end of year $ 1,693 $ 2 $ 116 $ 1,811 Other reconciling items* 1,068 Other policyholder funds $ 2,879 * 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)	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Liability for Future Policy Benefit, Activity	The following table presents the transition rollforward of the liability for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other Total (in millions) Pre-adoption December 31, 2020 liability for future policy benefits balance $ 1,309 $ 282 $ 11,129 $ 11,029 $ 22,206 $ 45,955 Adjustments for the reclassification to the deferred profit liability (65) (8) — (766) (859) (1,698) Change in cash flow assumptions and effect of net premiums exceeding gross premiums (14) 2 16 4 55 63 Effect of the remeasurement of the liability at a current single A rate 156 63 2,977 1,655 7,611 12,462 Adjustment for the removal of loss recognition balances related to unrealized gain or loss on securities and other (63) (60) 4 (292) — (411) Post-adoption January 1, 2021 liability for future policy benefits balance $ 1,323 $ 279 $ 14,126 $ 11,630 $ 29,013 $ 56,371 The following tables present the balances and changes in the liability for future policy benefits and a reconciliation of the net liability for future policy benefits to the liability for future policy benefits in the Consolidated Balance Sheets: Year Ended December 31, 2023 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Effect of changes in discount rate assumptions (AOCI) — — 1,872 — 66 1,938 Beginning balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in cash flow assumptions — — 34 — 21 55 Effect of actual variances from expected experience — — 62 — 20 82 Adjusted beginning of year balance — — 13,622 — 1,098 14,720 Issuances — — 1,277 — — 1,277 Interest accrual — — 437 — 46 483 Net premium collected — — (1,464) — (118) (1,582) Foreign exchange impact — — 265 — — 265 Other — — 11 — (9) 2 Ending balance at original discount rate — — 14,148 — 1,017 15,165 Effect of changes in discount rate assumptions (AOCI) — — (1,482) — (44) (1,526) Reclassified to Liabilities held-for-sale — — (4,287) — — (4,287) Balance, end of year $ — $ — $ 8,379 $ — $ 973 $ 9,352 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) (5) (2) 122 15 — 130 Adjusted beginning of year balance 1,385 211 24,787 15,113 21,588 63,084 Issuances 173 18 1,266 5,339 4 6,800 Interest accrual 55 11 908 664 1,026 2,664 Benefit payments (128) (26) (1,921) (1,087) (1,503) (4,665) Foreign exchange impact — — 345 359 — 704 Other — — 10 — (24) (14) Ending balance at original discount rate 1,485 214 25,395 20,388 21,091 68,573 Effect of changes in discount rate assumptions (AOCI) (132) 3 (2,745) (1,906) (437) (5,217) Reclassified to Liabilities held-for-sale — — (5,119) — — (5,119) Balance, end of year $ 1,353 $ 217 $ 17,531 $ 18,482 $ 20,654 $ 58,237 Net liability for future policy benefits, end of year 1,353 217 9,152 18,482 19,681 48,885 Liability for future policy benefits for certain participating contracts — — 13 — 1,300 1,313 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,731 — 55 3,786 Deferred profit liability 84 10 19 1,543 855 2,511 Other reconciling items (c) 33 — 485 — 95 613 Future policy benefits for life and accident and health insurance contracts 1,470 227 13,400 20,025 21,986 57,108 Less: Reinsurance recoverable: (4) — (719) (39) (21,986) (22,748) Net liability for future policy benefits after reinsurance recoverable $ 1,466 $ 227 $ 12,681 $ 19,986 $ — $ 34,360 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.8 6.8 12.8 12.1 11.5 Year Ended December 31, 2022 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Effect of changes in discount rate assumptions (AOCI) — — (706) — (150) (856) Beginning balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in cash flow assumptions — — 123 — — 123 Effect of actual variances from expected experience — — (79) — 7 (72) Adjusted beginning of year balance — — 13,707 — 1,131 14,838 Issuances — — 1,358 — — 1,358 Interest accrual — — 397 — 48 445 Net premium collected — — (1,418) — (123) (1,541) Foreign exchange impact — — (517) — — (517) Other — — (1) — 1 — Ending balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in discount rate assumptions (AOCI) — — (1,872) — (66) (1,938) Balance, end of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 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) (30) (2) (94) 3 1 (122) Adjusted beginning of year balance 1,248 216 24,771 13,017 22,002 61,254 Issuances 216 12 1,374 2,782 9 4,393 Interest accrual 42 10 876 459 1,233 2,620 Benefit payments (116) (26) (1,757) (821) (1,483) (4,203) Foreign exchange impact — — (657) (339) — (996) Other — 1 (4) — (249) (252) Ending balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in discount rate assumptions (AOCI) (167) (2) (3,424) (2,634) (1,083) (7,310) Balance, end of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Net liability for future policy benefits, end of year 1,223 211 9,525 12,464 19,438 42,861 Liability for future policy benefits for certain participating contracts — — 14 — 1,338 1,352 Liability for universal life policies with secondary guarantees and similar features (b) — — 3,300 — 55 3,355 Deferred profit liability 99 12 15 1,281 896 2,303 Other reconciling items (c) 37 — 500 — 110 647 Future policy benefits for life and accident and health insurance contracts 1,359 223 13,354 13,745 21,837 50,518 Less: Reinsurance recoverable: (4) — (1,107) (36) (21,837) (22,984) Net liability for future policy benefits after reinsurance recoverable $ 1,355 $ 223 $ 12,247 $ 13,709 $ — $ 27,534 Weighted average liability duration of the liability for future policy benefits (d) 7.6 6.9 12.2 10.8 11.4 Year Ended December 31, 2021 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Present value of expected net premiums Balance, beginning of year $ — $ — $ 13,793 $ — $ 1,506 $ 15,299 Effect of changes in discount rate assumptions (AOCI) — — (1,374) — (249) (1,623) Beginning balance at original discount rate — — 12,419 — 1,257 13,676 Effect of changes in cash flow assumptions — — 164 — (72) 92 Effect of actual variances from expected experience — — 371 — 14 385 Adjusted beginning of year balance — — 12,954 — 1,199 14,153 Issuances — — 1,727 — — 1,727 Interest accrual — — 392 — 54 446 Net premium collected — — (1,364) — (129) (1,493) Foreign exchange impact — — (46) — — (46) Other — — — — — — Ending balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in discount rate assumptions (AOCI) — — 706 — 150 856 Balance, end of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Present value of expected future policy benefits Balance, beginning of year $ 1,323 $ 279 $ 27,919 $ 11,630 $ 30,519 $ 71,670 Effect of changes in discount rate assumptions (AOCI) (156) (63) (4,351) (1,654) (7,862) (14,086) Beginning balance at original discount rate 1,167 216 23,568 9,976 22,657 57,584 Effect of changes in cash flow assumptions (a) — — 193 — (83) 110 Effect of actual variances from expected experience (a) 1 (1) 413 (3) (121) 289 Adjusted beginning of year balance 1,168 215 24,174 9,973 22,453 57,983 Issuances 172 21 1,713 3,366 15 5,287 Interest accrual 41 11 876 380 1,085 2,393 Benefit payments (101) (28) (1,981) (696) (1,530) (4,336) Foreign exchange impact — — (60) (3) — (63) Other (2) (1) 3 — (22) (22) Ending balance at original discount rate 1,278 218 24,725 13,020 22,001 61,242 Effect of changes in discount rate assumptions (AOCI) 95 46 2,717 870 5,673 9,401 Balance, end of year $ 1,373 $ 264 $ 27,442 $ 13,890 $ 27,674 $ 70,643 Net liability for future policy benefits, end of year 1,373 264 13,073 13,890 26,400 55,000 Liability for future policy benefits for certain participating contracts — — 15 — 1,382 1,397 Liability for universal life policies with secondary guarantees and similar features (b) — — 4,952 — 55 5,007 Deferred profit liability 81 11 10 1,218 916 2,236 Other reconciling items (c) 42 — 485 1 102 630 Future policy benefits for life and accident and health insurance contracts 1,496 275 18,535 15,109 28,855 64,270 Less: Reinsurance recoverable: (4) — (1,715) (47) (28,855) (30,621) Net liability for future policy benefits after reinsurance recoverable $ 1,492 $ 275 $ 16,820 $ 15,062 $ — $ 33,649 Weighted average liability duration of the liability for future policy benefits (d) 8.6 7.8 14.4 13.0 13.7 (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 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: Years Ended December 31, (in millions) 2023 2022 2021 Individual Retirement Undiscounted expected future benefits and expense $ 2,131 $ 1,959 $ 1,747 Undiscounted expected future gross premiums $ — $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 313 $ 321 $ 328 Undiscounted expected future gross premiums $ — $ — $ — Life Insurance (a) (b) Undiscounted expected future benefits and expense $ 40,489 $ 38,909 $ 38,869 Undiscounted expected future gross premiums $ 30,458 $ 29,035 $ 29,272 Institutional Markets Undiscounted expected future benefits and expense $ 38,253 $ 25,066 $ 20,839 Undiscounted expected future gross premiums $ — $ — $ — Corporate and other (c)(d) Undiscounted expected future benefits and expense $ 43,071 $ 44,530 $ 46,038 Undiscounted expected future gross premiums $ 2,146 $ 2,262 $ 2,437 (a) Includes balances that have been reclassified to Liabilities held-for-sale in the Consolidated Balance Sheets. See Note 4 for additional information. (b) Life insurance discounted expected future gross premiums (at current discount rate) for 2023 were $20.2 billion. (c) Corporate and other discounted expected future gross premiums (at current discount rate) for 2023 were $1.4 billion (d) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Years Ended December 31, Years Ended December 31, (in millions) 2023 2022 2021 2023 2022 2021 Individual Retirement $ 202 $ 224 $ 186 $ 55 $ 42 $ 41 Group Retirement 19 19 21 11 10 11 Life Insurance 2,393 2,342 2,319 471 479 484 Institutional Markets 5,638 2,940 3,818 664 459 380 Corporate and Other 215 224 236 980 1,185 1,031 Total $ 8,467 $ 5,749 $ 6,580 $ 2,181 $ 2,175 $ 1,947 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other December 31, 2023 Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.10 % 4.14 % 4.86 % Weighted-average interest rate, current discount rate * 5.04 % 5.02 % 5.04 % 4.96 % 5.08 % December 31, 2022 Weighted-average interest rate, original discount rate 3.58 % 5.17 % 4.08 % 3.56 % 4.88 % Weighted-average interest rate, current discount rate 5.32 % 5.30 % 5.33 % 5.30 % 5.36 % December 31, 2021 Weighted-average interest rate, original discount rate 3.23 % 4.96 % 4.11 % 3.22 % 4.83 % Weighted-average interest rate, current discount rate 2.75 % 2.68 % 2.85 % 2.71 % 3.08 % * Weighted-average interest rates for Life Insurance include balances that have been reclassified to Liabilities held-for-sale. 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 16. (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: Years Ended December 31, 2023 2022 2021 Life Corporate and Other Total 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 $ 5,117 $ 55 $ 5,172 Effect of changes in assumptions (41) — (41) (24) — (24) (116) — (116) Effect of changes in experience 319 (4) 315 303 (4) 299 331 (4) 327 Adjusted beginning balance $ 3,578 $ 51 $ 3,629 $ 5,231 $ 51 $ 5,282 $ 5,332 $ 51 $ 5,383 Assessments 671 2 673 687 2 689 669 2 671 Excess benefits paid (943) — (943) (909) — (909) (859) — (859) Interest accrual 132 2 134 126 2 128 136 2 138 Other (9) — (9) (11) — (11) 24 — 24 Changes related to unrealized appreciation (depreciation) of investments 302 — 302 (1,824) — (1,824) (350) — (350) Balance, end of year $ 3,731 $ 55 $ 3,786 $ 3,300 $ 55 $ 3,355 $ 4,952 $ 55 $ 5,007 Less: Reinsurance recoverable (164) — (164) (191) — (191) (200) — (200) Balance, end of year, net of Reinsurance recoverable $ 3,567 $ 55 $ 3,622 $ 3,109 $ 55 $ 3,164 $ 4,752 $ 55 $ 4,807 Weighted average duration of liability * 25.4 9.2 26.3 9.5 27.1 9.8 * 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 Consolidated Statements of Income (Loss) for the liability for universal life policies with secondary guarantees and similar features: Gross Assessments Years Ended December 31, Interest Accretion Years Ended December 31, (in millions) 2023 2022 2021 2023 2022 2021 Life Insurance $ 1,109 $ 1,193 $ 1,187 $ 132 $ 126 $ 136 Corporate and Other 37 39 39 2 2 2 Total $ 1,146 $ 1,232 $ 1,226 $ 134 $ 128 $ 138 The following table presents the calculation of weighted average interest rate for the liability for universal life policies with secondary guarantees and similar features: December 31, 2023 2022 2021 Life Corporate and Other Life Corporate and Other Life Corporate and Other Weighted-average interest rate 3.92 % 4.20 % 3.76 % 4.24 % 3.74 % 4.21 % 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: Years Ended December 31, (in millions, except for attained age of contract holders) 2023 2022 Account value $ 3,721 $ 3,514 Net amount at risk $ 72,422 $ 69,335 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) : Individual Group Life Institutional Corporate and other Total (in millions, except for average crediting rate) Year Ended December 31, 2023 Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 18,188 5,352 1,632 3,813 44 29,029 Policy charges (840) (477) (1,524) (67) (64) (2,972) Surrenders and withdrawals (14,025) (8,310) (256) (722) (93) (23,406) Benefit payments (3,770) (2,518) (281) (2,405) (300) (9,274) Net transfers from (to) separate account 3,617 2,705 3 792 — 7,117 Interest credited 2,188 1,141 413 507 168 4,417 Other (16) 11 20 (3) (9) 3 Policyholder contract deposits account balance, end of year 94,896 41,299 10,231 13,649 3,333 163,408 Other reconciling items (b) (1,429) (230) 208 93 — (1,358) Policyholder contract deposits $ 93,467 $ 41,069 $ 10,439 $ 13,742 $ 3,333 $ 162,050 Weighted average crediting rate 2.68 % 2.91 % 4.41 % 4.08 % 4.99 % Cash surrender value (c) $ 88,685 $ 40,210 $ 9,026 $ 2,583 $ 1,712 $ 142,216 Year Ended December 31, 2022 Policyholder contract deposits account balance, beginning of year $ 84,097 $ 43,902 $ 10,183 $ 10,804 $ 3,823 $ 152,809 Deposits 15,186 4,946 1,674 1,494 48 23,348 Policy charges (870) (462) (1,570) (69) (65) (3,036) Surrenders and withdrawals (8,921) (5,712) (211) (134) (64) (15,042) Benefit payments (3,798) (2,528) (216) (775) (349) (7,666) Net transfers from (to) separate account 2,248 2,149 (5) 144 — 4,536 Interest credited 1,608 1,100 377 301 178 3,564 Other 4 — (8) (31) 16 (19) Policyholder contract deposits account balance, end of year 89,554 43,395 10,224 11,734 3,587 158,494 Other reconciling items (b) (2,136) (319) 34 (16) 1 (2,436) Policyholder contract deposits $ 87,418 $ 43,076 $ 10,258 $ 11,718 $ 3,588 $ 156,058 Weighted average crediting rate 2.43 % 2.77 % 4.29 % 2.71 % 4.91 % Cash surrender value (c) $ 83,278 $ 41,831 $ 8,866 $ 2,537 $ 1,808 $ 138,320 Year Ended December 31, 2021 Policyholder contract deposits account balance, beginning of year $ 80,012 $ 43,406 $ 10,012 $ 11,351 $ 4,143 $ 148,924 Deposits 13,774 5,146 1,702 1,272 53 21,947 Policy charges (781) (523) (1,567) (65) (69) (3,005) Surrenders and withdrawals (8,863) (5,795) (212) (91) (76) (15,037) Benefit payments (4,031) (2,329) (245) (1,948) (374) (8,927) Net transfers from (to) separate account 1,531 2,750 (2) 61 — 4,340 Interest credited 2,444 1,249 447 263 191 4,594 Other 11 (2) 48 (39) (45) (27) Policyholder contract deposits account balance, end of year 84,097 43,902 10,183 10,804 3,823 152,809 Other reconciling items (b) (1,289) (259) 117 165 2 (1,264) Policyholder contract deposits $ 82,808 $ 43,643 $ 10,300 $ 10,969 $ 3,825 $ 151,545 Weighted average crediting rate 2.42 % 2.79 % 4.28 % 2.41 % 4.92 % Cash surrender value (c) $ 79,787 $ 43,359 $ 8,826 $ 2,520 $ 1,880 $ 136,372 (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 16. 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: December 31, 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% $ 6,498 $ 2,078 $ 26,873 $ 35,449 > 1% - 2% 3,749 22 1,771 5,542 > 2% - 3% 8,046 11 972 9,029 > 3% - 4% 6,610 37 5 6,652 > 4% - 5% 426 — 4 430 > 5% 32 — 3 35 Total $ 25,361 $ 2,148 $ 29,628 $ 57,137 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,185 $ 2,344 $ 6,830 $ 11,359 > 1% - 2% 3,731 1,242 671 5,644 > 2% - 3% 12,073 211 110 12,394 > 3% - 4% 615 — — 615 > 4% - 5% 6,635 — — 6,635 > 5% 144 — — 144 Total $ 25,383 $ 3,797 $ 7,611 $ 36,791 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 132 346 478 > 2% - 3% 9 855 1,082 1,946 > 3% - 4% 1,170 496 26 1,692 > 4% - 5% 2,851 — — 2,851 > 5% 216 — — 216 Total $ 4,246 $ 1,483 $ 1,454 $ 7,183 Total* $ 54,990 $ 7,428 $ 38,693 $ 101,111 Percentage of total 55% 7% 38% 100% December 31, 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% $ 8,766 $ 2,161 $ 21,702 $ 32,629 > 1% - 2% 4,208 24 2,195 6,427 > 2% - 3% 9,502 — 17 9,519 > 3% - 4% 7,630 40 6 7,676 > 4% - 5% 456 — 5 461 > 5% 33 — 4 37 Total $ 30,595 $ 2,225 $ 23,929 $ 56,749 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 3,611 $ 1,427 $ 5,609 $ 10,647 > 1% - 2% 5,628 727 150 6,505 > 2% - 3% 13,968 3 — 13,971 > 3% - 4% 666 — — 666 > 4% - 5% 6,843 — — 6,843 > 5% 154 — — 154 Total $ 30,870 $ 2,157 $ 5,759 $ 38,786 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% 1 129 352 482 > 2% - 3% 32 831 1,116 1,979 > 3% - 4% 1,369 180 195 1,744 > 4% - 5% 2,974 — — 2,974 > 5% 223 — — 223 Total $ 4,599 $ 1,140 $ 1,663 $ 7,402 Total* $ 66,064 $ 5,522 $ 31,351 $ 102,937 Percentage of total 64% 5% 30% 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 reduced URR. The following table presents a rollforward of the unearned revenue reserve for the years ended December 31, 2023, 2022 and 2021: Year Ended December 31, 2023 Life Institutional Corporate and Other Total (in millions) Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 153 — — 153 Amortization (110) (1) (11) (122) Balance, end of year $ 1,770 $ 1 $ 94 $ 1,865 Other reconciling items* 997 Other policyholder funds $ 2,862 Year Ended December 31, 2022 Balance, beginning of year $ 1,693 $ 2 $ 116 $ 1,811 Revenue deferred 143 — — 143 Amortization (109) — (11) (120) Balance, end of year $ 1,727 $ 2 $ 105 $ 1,834 Other reconciling items* 1,051 Other policyholder funds $ 2,885 Year Ended December 31, 2021 Balance, beginning of year $ 1,661 $ 2 $ 132 $ 1,795 Revenue deferred 140 — — 140 Amortization (108) — (15) (123) Other, including foreign exchange — — (1) (1) Balance, end of year $ 1,693 $ 2 $ 116 $ 1,811 Other reconciling items* 1,068 Other policyholder funds $ 2,879 * Other reconciling items include policyholders' dividend accumulations, provisions for future dividends to participating policyholders, dividends to policyholders and any similar items.
Insurance Activity, Funding Arrangements	The following table presents details concerning our funding agreements as of December 31, 2023: December 31, 2023 Payments due by period (in millions) Gross Amounts 2024 2025-2026 2027-2028 Thereafter Stated Interest rates FHLB Facility FHLB of Dallas $ 3,357 $ 52 $ 254 $ 3,051 $ — DNA Auction* + 22 to 30 bps FHLB of Dallas $ 2,027 $ — $ — $ 1,506 $ 521 3.53% to 4.77% FHLB of New York $ 241 $ 94 $ 147 $ — $ — 1.52% to 2.70% $ 5,625 $ 146 $ 401 $ 4,557 $ 521

Market Risk Benefits (Tables)

Market Risk Benefits (Tables)	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Market Risk Benefit, Activity	The following table presents the transition rollforward of MRBs: Individual Group Total (in millions) Pre-adoption December 31, 2020 carrying amount for features now classified as MRBs $ — $ — $ — Adjustment for the reclassification of the embedded derivative liability from policyholder contract deposits, net of the host adjustment(s) (a) 5,894 577 6,471 Adjustment for the reclassification of additional liabilities from Future policy benefits (b) 1,356 219 1,575 Adjustments for the cumulative effect of the changes in 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 Consolidated Balance Sheets at transition: Individual Group Total (in millions) MRB in an asset position $ 176 $ — $ 176 Reinsured MRB 162 — 162 MRB assets, at fair value $ 338 $ — $ 338 MRB liabilities, at fair value 7,937 802 8,739 MRB, net, January 1, 2021 $ 7,599 $ 802 $ 8,401 The following table presents the balances of and changes in MRBs: Year Ended December 31, 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 681 37 718 Interest accrual 156 15 171 Attributed fees 803 63 866 Expected claims (91) (3) (94) Effect of changes in interest rates (139) (13) (152) Effect of changes in interest rate volatility (69) (3) (72) Effect of changes in equity markets (1,236) (109) (1,345) Effect of changes in equity index volatility (14) (5) (19) Actual outcome different from model expected outcome 188 7 195 Effect of changes in future expected policyholder behavior (1) 1 — Effect of changes in other future expected assumptions (85) (39) (124) Other, including foreign exchange — (3) (3) Balance, end of year, before effect of changes in our own credit risk 3,490 220 3,710 Effect of changes in our own credit risk 1,072 88 1,160 Balance, end of year 4,562 308 4,870 Less: Reinsured MRB, end of period (77) — (77) Net Liability Balance after reinsurance recoverable $ 4,485 $ 308 $ 4,793 Net amount at risk GMDB only $ 758 $ 160 $ 918 GMWB only $ 152 $ 13 $ 165 Combined * $ 1,011 $ 18 $ 1,029 Weighted average attained age of contract holders 70 64 Year Ended December 31, 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 263 25 288 Interest accrual 172 21 193 Attributed fees 864 70 934 Expected claims (83) (2) (85) Effect of changes in interest rates (4,087) (371) (4,458) Effect of changes in interest rate volatility 263 18 281 Effect of changes in equity markets 1,382 122 1,504 Effect of changes in equity index volatility (75) 1 (74) Actual outcome different from model expected outcome 164 (3) 161 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 3 (6) (3) Balance, end of year before effect of changes in our own credit risk 3,297 272 3,569 Effect of changes in our own credit risk 441 24 465 Balance, end of year 3,738 296 4,034 Less: Reinsured MRB, end of period (94) — (94) Net liability balance after reinsurance recoverable $ 3,644 $ 296 $ 3,940 Net amount at risk GMDB only $ 1,615 $ 371 $ 1,986 GMWB only $ 27 $ 1 $ 28 Combined * $ 2,084 $ 39 $ 2,123 Weighted average attained age of contract holders 70 64 Year Ended December 31, 2021 Individual Group Total (in millions, except for attained age of contract holders) Balance, beginning of year $ 7,761 $ 802 $ 8,563 Effect of changes in our own credit risk (2,140) (187) (2,327) Balance, beginning of year, before effect of changes in our own credit risk $ 5,621 $ 615 $ 6,236 Issuances 247 28 275 Interest accrual 142 21 163 Attributed fees 805 74 879 Expected claims (54) (2) (56) Effect of changes in interest rates (1,098) (107) (1,205) Effect of changes in interest rate volatility 74 4 78 Effect of changes in equity markets (1,414) (203) (1,617) Effect of changes in equity index volatility 33 20 53 Actual outcome different from model expected outcome 106 8 114 Effect of changes in future expected policyholder behavior 53 (36) 17 Effect of changes in other future expected assumptions — — — Other, including foreign exchange 3 (7) (4) Balance, end of year before effect of changes in our own credit risk 4,518 415 4,933 Effect of changes in our own credit risk 1,934 167 2,101 Balance, end of year 6,452 582 7,034 Less: Reinsured MRB, end of period (145) — (145) Net liability balance after reinsurance recoverable $ 6,307 $ 582 $ 6,889 Net amount at risk GMDB only $ 684 $ 159 $ 843 GMWB only $ 831 $ 118 $ 949 Combined* $ 567 $ 14 $ 581 Weighted average attained age of contract holders 70 63 * Certain contracts contain both guaranteed GMDB and GMWB features and are modeled together for the purposes of calculating the MRB. The following is a reconciliation of MRBs by amounts in an asset position and in a liability position to the MRBs amount in the Consolidated Balance Sheets: December 31, 2023 December 31, 2022 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 740 $ 5,225 $ 4,485 $ 661 $ 4,305 $ 3,644 Group Retirement 172 480 308 135 431 296 Total $ 912 $ 5,705 $ 4,793 $ 796 $ 4,736 $ 3,940 * 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.

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Summary of Debt	The following table lists our total debt outstanding at December 31, 2023 and December 31, 2022. The interest rates presented in the following table are the range of contractual rates in effect at December 31, 2023, including fixed and variable rates: (in millions) Range of Maturity December 31, 2023 December 31, 2022 Short-term debt issued or borrowed by Corebridge: Three 6.46 % 2024 $ 250 $ 1,500 Total short-term debt $ 250 $ 1,500 Long-term debt issued by Corebridge: Senior unsecured notes * 3.50% - 6.05% 2025 - 2052 $ 7,750 $ 6,500 Hybrid junior subordinated notes 6.875% 2052 1,000 1,000 Long-term debt issued by Corebridge subsidiaries: CRBGLH notes 6.63% - 7.50% 2025 - 2029 200 200 CRBGLH junior subordinated debentures 7.57% - 8.50% 2030 - 2046 227 227 Total long-term debt 9,177 7,927 Debt issuance costs (59) (59) Total long-term debt, net of debt issuance costs $ 9,118 $ 7,868 Debt of consolidated investment entities - not guaranteed by Corebridge 0.00% - 8.52% 2024 - 2051 2,504 5,958 Total debt, net of issuance costs $ 11,872 $ 15,326 * Interest rates reflect contractual amounts and do not reflect the effective borrowing rate after giving effect to the cash flow hedges.
Schedule of Maturities of Long-Term Debt	The following table presents maturities of short-term and long-term debt (including unamortized original issue discount when applicable): December 31, 2023 Year Ending (in millions) Total 2024 2025 2026 2027 2028 Thereafter Short-term and Long-term debt issued by Corebridge: Three-Year DDTL Facility* $ 250 $ 250 $ — $ — $ — $ — $ — Senior unsecured notes 7,750 — 1,000 — 1,250 — 5,500 Hybrid junior subordinated notes 1,000 — — — — — 1,000 CRBGLH notes 200 — 101 — — — 99 CRBGLH junior subordinated debentures 227 — — — — — 227 Total short-term and long-term debt issued by Corebridge $ 9,427 $ 250 $ 1,101 $ — $ 1,250 $ — $ 6,826 *

Separate Account Assets and L_2

Separate Account Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 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: December 31, 2023 Individual Retirement Group Retirement Life Institutional Total (in millions) Equity Funds $ 25,451 $ 28,675 $ 819 $ 593 $ 55,538 Bond Funds 4,037 3,292 44 1,303 8,676 Balanced Funds 17,711 5,479 53 1,923 25,166 Money Market Funds 694 742 16 173 1,625 Total $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 December 31, 2022 Individual Retirement Group Retirement Life Institutional Total (in millions) Equity Funds $ 22,990 $ 24,608 $ 687 $ 581 $ 48,866 Bond Funds 3,802 4,081 46 1,321 9,250 Balanced Funds 17,663 5,113 49 1,939 24,764 Money Market Funds 723 559 17 674 1,973 Total $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853
Separate Account, Liability	The following table presents the balances and changes in separate account liabilities: Year Ended December 31, 2023 Individual Retirement Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Premiums and deposits 1,408 1,374 36 41 2,859 Policy charges (1,241) (441) (49) (93) (1,824) Surrenders and withdrawals (3,744) (3,047) (25) (721) (7,537) Benefit payments (844) (557) (7) (68) (1,476) Investment performance 6,933 6,666 181 287 14,067 Net transfers from (to) general account and other 203 (168) (3) 31 63 Separate accounts balance, end of period $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 Cash surrender value * $ 46,911 $ 37,992 $ 911 $ 3,994 $ 89,808 Year Ended December 31, 2022 Individual Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 57,927 $ 45,138 $ 1,044 $ 5,002 $ 109,111 Premiums and deposits 2,420 1,611 37 69 4,137 Policy charges (1,325) (461) (51) (100) (1,937) Surrenders and withdrawals (3,320) (2,452) (22) (131) (5,925) Benefit payments (898) (613) (6) (59) (1,576) Investment performance (9,861) (8,479) (201) (319) (18,860) Net transfers from (to) general account and other 235 (383) (2) 53 (97) Separate accounts balance, end of period $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Cash surrender value * $ 44,124 $ 34,169 $ 777 $ 4,518 $ 83,588 Year Ended December 31, 2021 Individual Group Life Institutional Total (in millions) Separate accounts balance, beginning of year $ 53,456 $ 41,310 $ 912 $ 4,612 $ 100,290 Premiums and deposits 4,081 1,979 49 76 6,185 Policy charges (1,368) (523) (52) (98) (2,041) Surrenders and withdrawals (4,261) (3,013) (32) (82) (7,388) Benefit payments (1,039) (615) (10) (23) (1,687) Investment performance 6,743 6,711 180 486 14,120 Net transfers from (to) general account and other 315 (711) (3) 31 (368) Separate accounts balance, end of period $ 57,927 $ 45,138 $ 1,044 $ 5,002 $ 109,111 Cash surrender value * $ 56,727 $ 44,909 $ 1,026 $ 4,993 $ 107,655

Contingencies, Commitments an_2

Contingencies, Commitments and Guarantees (Tables)	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Lessee, Operating Lease, Liability, Maturity	The following table presents the future undiscounted cash flows under operating leases at December 31, 2023: (in millions) 2024 $ 9 2025 7 2026 6 2027 3 2028 2 Remaining years after 2028 1 Total undiscounted lease payments 28 Less: Present value adjustment 2 Net lease liabilities $ 26

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Dividends Declared	Dividends Declaration Date Record Date Payment Date Dividend Paid Per Common Share November 2, 2023 December 15, 2023 December 29, 2023 $ 0.23 October 31, 2023 (a) November 13, 2023 November 22, 2023 $ 1.16 August 3, 2023 September 15, 2023 September 29, 2023 $ 0.23 June 1, 2023 (b) 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 (a) On October 31, 2023, we declared a special dividend of $1.16 per share on our common stock, payable on November 22, 2023 to stockholders of record at the close of business on November 13, 2023. (b) 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): 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, 2020, net of tax $ (62) $ 14,698 $ — $ — $ — $ 11 $ 6 $ 14,653 Cumulative effect of change in accounting principles — 3,235 (1,838) (3,746) — — — (2,349) Change in unrealized depreciation of investments 39 (7,496) — — — — — (7,457) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 226 — — — — 226 Change in discount rates assumptions of certain liabilities — — — 1,719 — — — 1,719 Change in future policy benefits and other — 458 — — — — — 458 Change in foreign currency translation adjustments — — — — — (22) — (22) Change in net actuarial loss — — — — — — 1 1 Change in deferred tax asset (liability) (8) 1,400 (47) (363) — 2 — 984 Total other comprehensive income (loss) 31 (5,638) 179 1,356 — (20) 1 (4,091) Other — 20 — — — — — 20 Less: Noncontrolling interests — — — — — — — — Balance, December 31, 2021, net of tax $ (31) $ 12,315 $ (1,659) $ (2,390) $ — $ (9) $ 7 $ 8,233 Change in unrealized depreciation of investments (78) (40,323) — — — — — (40,401) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 1,635 — — — — 1,635 Change in discount rates assumptions of certain liabilities — — — 6,746 — — — 6,746 Change in future policy benefits and other — 1,822 — — — — — 1,822 Change in cash flow hedges — — — — 203 — — 203 Change in foreign currency translation adjustments — — — — — (109) — (109) Change in net actuarial loss — — — — — — 2 2 Change in deferred tax asset (liability) 17 6,806 (341) (1,448) (46) 8 — 4,996 Total other comprehensive income (loss) (61) (31,695) 1,294 5,298 157 (101) 2 (25,106) Less: Noncontrolling interests — — — — — (10) — (10) Balance, December 31, 2022, net of tax $ (92) $ (19,380) $ (365) $ 2,908 $ 157 $ (100) $ 9 $ (16,863) Change in unrealized depreciation of investments * 28 5,962 — — — — — 5,990 Change in fair value of market risk benefits attributable to changes in our own credit risk — — (695) — — — — (695) Change in discount rates assumptions of certain liabilities — — — (1,029) — — — (1,029) Change in future policy benefits and other (11) (347) — — — — — (358) Change in cash flow hedges — — — — (16) — — (16) Change in foreign currency translation adjustments — — — — — 39 — 39 Change in net actuarial loss — — — — — — (7) (7) Change in deferred tax asset (liability) (4) (885) 151 216 5 9 — (508) Total other comprehensive income (loss) 13 4,730 (544) (813) (11) 48 (7) 3,416 Less: Noncontrolling interests — — — — — 11 — 11 Balance, December 31, 2023, net of tax $ (79) $ (14,650) $ (909) $ 2,095 $ 146 $ (63) $ 2 $ (13,458) * Includes net unrealized gains and losses attributable to held-for-sale businesses at December 31, 2023.
Reclassification out of Accumulated Other Comprehensive Income	The following table presents the OCI reclassification adjustments for the years ended December 31, 2023, 2022, and 2021 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 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 Year Ended December 31, 2023 Unrealized change arising during period $ — $ 5,281 $ (695) $ (1,029) $ (16) $ 39 $ — $ 3,580 Less: Reclassification adjustments included in net income (17) (334) — — — — 7 (344) Total other comprehensive income (loss), before income tax expense (benefit) 17 5,615 (695) (1,029) (16) 39 (7) 3,924 Less: Income tax expense (benefit) 4 885 (151) (216) (5) (9) — 508 Total other comprehensive income (loss), net of income tax expense (benefit) $ 13 $ 4,730 $ (544) $ (813) $ (11) $ 48 $ (7) $ 3,416 Year Ended December 31, 2022 Unrealized change arising during period $ (89) $ (39,049) $ 1,635 $ 6,746 $ 203 $ (109) $ 2 $ (30,661) Less: Reclassification adjustments included in net income (11) (548) — — — — — (559) Total other comprehensive income (loss), before income tax expense (benefit) (78) (38,501) 1,635 6,746 203 (109) 2 (30,102) Less: Income tax expense (benefit) (17) (6,806) 341 1,448 46 (8) — (4,996) Total other comprehensive income (loss), net of income tax expense (benefit) $ (61) $ (31,695) $ 1,294 $ 5,298 $ 157 $ (101) $ 2 $ (25,106) Year Ended December 31, 2021 Unrealized change arising during period $ 39 $ (6,290) $ 226 $ 1,719 $ — $ (21) $ 1 $ (4,326) Less: Reclassification adjustments included in net income — 748 — — — — — 748 Total other comprehensive income (loss),before income tax expense (benefit) 39 (7,038) 226 1,719 — (21) 1 (5,074) Less: Income tax expense (benefit) 8 (1,400) 47 363 — (1) — (983) Total other comprehensive income (loss), net of income tax expense (benefit) $ 31 $ (5,638) $ 179 $ 1,356 $ — $ (20) $ 1 $ (4,091) 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 Consolidated Statements of Income (Loss)*: Amount Reclassified from AOCI Affected Line Item in the Consolidated Statements of Income (Loss) Years Ended December 31, (in millions) 2023 2022 2021 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ (17) $ (11) $ — Net realized gains (losses) Total (17) (11) — Unrealized appreciation (depreciation) of all other investments Investments (334) (548) 748 Net realized gains (losses) Total (334) (548) 748 Change in retirement plan liabilities adjustment Actuarial losses 7 — — Net (gain) loss on divestitures and General operating expenses Total 7 — — Total reclassifications for the period $ (344) $ (559) $ 748 * The following items are not reclassified out of AOCI and included in the 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: Years Ended December 31, (in millions) 2022 2021 Beginning balance $ 83 $ 51 Distributions to noncontrolling interests (83) — Contributions from noncontrolling interests — 32 Net income attributable to redeemable noncontrolling interest — — Ending balance $ — $ 83
Non-Redeemable Noncontrolling Interest	The following table presents a rollforward of non-redeemable noncontrolling interest: Years Ended December 31, (in millions) 2023 2022 2021 Beginning balance $ 939 $ 1,759 $ 2,549 Net income attributable to redeemable noncontrolling interest (68) 320 929 Other comprehensive loss, net of tax 11 (10) — Changes in noncontrolling interests due to divestitures and acquisitions (19) (104) (373) Contributions from noncontrolling interests 96 155 264 Distributions to noncontrolling interests (91) (1,181) (1,611) Other 1 — 1 Ending balance $ 869 $ 939 $ 1,759

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earning per Share	The following table presents the computation of basic and diluted EPS for the years ended December 31, 2023, 2022 and 2021: Years Ended December 31, (in millions, except per common share data) 2023 2022 2021 Numerator for EPS: Net income (loss) $ 1,036 $ 8,479 N/A Less: Net income (loss) attributable to noncontrolling interests (68) 320 N/A Net income (loss) attributable to Corebridge common shareholders $ 1,104 $ 8,159 N/A Net income attributable to Class A shareholders N/A N/A $ 7,658 Net income attributable to Class B shareholders N/A N/A $ 584 Denominator for EPS (a) : Weighted average common shares outstanding - basic 643.3 646.1 N/A Dilutive common shares (b) 1.9 1.3 N/A Weighted average common shares outstanding - diluted 645.2 647.4 N/A Common stock Class A - basic and diluted N/A N/A 581.1 Common stock Class B - basic and diluted N/A N/A 63.9 Income per common share attributable to Corebridge common shareholders (a) Basic: Common stock - Basic $ 1.72 $ 12.63 N/A Common stock Class A N/A N/A $ 13.18 Common stock Class B N/A N/A $ 9.14 Diluted: Common stock - Diluted $ 1.71 $ 12.60 N/A Common stock Class A N/A N/A $ 13.18 Common stock Class B N/A N/A $ 9.14 (a) The results of the September 6, 2022 stock split have been applied retroactively for all periods prior to September 6, 2022. (b) Potential dilutive common shares include our share-based employee compensation plans. The number of common shares excluded from dilutive shares outstanding was approximately and 0.9 million and 41 thousand for the years ended December 31, 2023 and 2022, respectively, because the effect of including those common shares in the calculation would have been anti-dilutive. There were no anti-dilutive instruments for the year ended December 31, 2021.

Statutory Financial Data and _2

Statutory Financial Data and Restrictions (Tables)	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Statutory Accounting Practices Disclosure	The following table presents statutory net income (loss) and capital and surplus for our insurance operations companies in accordance with statutory accounting practices: (in millions) 2023 2022 2021 Years Ended December 31, Statutory net income (loss) * : Insurance Operations companies: Domestic $ 3,354 $ 3,091 $ 2,588 Foreign (51) 4 (4) Total Insurance Operations companies $ 3,303 $ 3,095 $ 2,584 December 31, Statutory capital and surplus * : Insurance Operations companies: Domestic $ 14,752 $ 12,229 Foreign 467 476 Total Insurance Operations companies $ 15,219 $ 12,705 Aggregate minimum required statutory capital and surplus: Insurance Operations companies: Domestic $ 4,025 $ 4,057 Foreign 223 189 Total Insurance Operations companies $ 4,248 $ 4,246 * These amounts reflect our best estimate of the statutory net income, capital and surplus as of the dates these financial statements were issued.

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of share-based compensation expense recognized in Consolidated Statements of Income	The following table presents our total direct share-based compensation expense which is settled as part of our quarterly intercompany process. This table reflects both AIG equity awards and Corebridge RSUs: Years Ended December 31, (in millions) 2023 2022 2021 Share-based compensation expense - pre-tax (a) $ 60 $ 75 $ 88 Share-based compensation expense - after tax (b) $ 48 $ 59 $ 70 (a) As a result of accelerated vesting events, such as retirement eligibility in the year of grant and involuntary terminations, we recognized $24 million, $25 million and $17 million in 2023, 2022, and 2021, respectively, prior to the end of the specified vesting periods. It is our policy to reverse compensation expense for forfeited awards when they occur. (b) The income tax expense (benefit), excluding foreign jurisdictions, was computed using the U.S. statutory tax rate of 21%.
Summary of outstanding share-settled RSU grants	The following table summarizes outstanding share-settled LTI awards: As of or for the Year Ended December 31, 2023 2022 Number of Units Weighted Average Grant Date Fair Value* Number of Units Weighted Average Grant Date Fair Value Unvested, beginning of year 6,537,155 $ 21.00 — $ — Granted 2,907,967 19.81 10,328,220 21.00 Vested (4,725,911) 18.70 (3,674,973) 21.00 Forfeited (565,681) 19.07 (116,092) 21.00 Unvested, end of year 4,153,530 $ 19.64 6,537,155 $ 21.00 * The fair value of RSUs granted was based on the average closing price of Corebridge common stock over the five trading days preceding the grant date.
Schedule of weighted-average assumptions	The following weighted-average assumptions were used for stock options granted: 2023 Expected annual dividend yield (a) 4.63 % Expected volatility (b) 43.26 % Risk-free interest rate (c) 4.03 % Expected term (d) 6.00 years (a) The dividend yield is the last CRBG dividend from Bloomberg times 4 divided by the stock price. (b) The expected volatility is based on the implied volatility of 24 months stock option estimated by the Bloomberg Professional service as of the valuation date. (c) The risk-free interest rate is the continuously compounded interest rate for the term between the valuation date and the expiration date that is assumed to be constant and equal to the interpolated value between the closest data points on the U.S. Treasury curve as of the valuation date.
Schedule of stock option activity	The following table provides a rollforward of stock option activity: As of or for the Year Ended December 31, 2023 Units Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Values (in millions) Outstanding, beginning of year — $ — 0.00 — Granted 826,025 19.95 Exercised — — Forfeited (105,348) 20.30 Outstanding, end of year 720,677 $ 20.12 9.12 1.27 Exercisable, end of year 393,961 $ 20.30 9.08 $ 0.54

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	The following table presents income (loss) before income tax expense (benefit) by U.S. and foreign location in which such pre-tax income (loss) was earned or incurred: Years Ended December 31, (in millions) 2023 2022 2021 U.S. $ 972 $ 10,449 $ 10,600 Foreign (32) 42 654 Total $ 940 $ 10,491 $ 11,254
Schedule of Components of Income Tax Expense (Benefit)	The following table presents the income tax expense (benefit) attributable to pre-tax income (loss): Years Ended December 31, (in millions) 2023 2022 2021 U.S. and Foreign components of actual income tax expense: U.S.: Current $ 311 $ 868 $ 1,943 Deferred (400) 1,150 146 Foreign: Current (5) 10 3 Deferred (2) (16) (10) Total $ (96) $ 2,012 $ 2,082
Schedule of Effective Income Tax Rate Reconciliation	Our actual income tax (benefit) expense differs from the statutory U.S. federal amount computed by applying the federal income tax rate due to the following: Years Ended December 31, 2023 2022 2021 (dollars in millions) Pre-Tax Tax Percent of Pre-Tax Tax Percent of Pre-Tax Tax Percent of U.S. federal income tax at statutory rate $ 940 $ 197 21 % $ 10,491 $ 2,203 21 % $ 11,254 $ 2,363 21 % Adjustments: Uncertain tax positions — — — — 2 — — (69) (0.6) Dispositions of subsidiaries — (99) (10.5) — — — — — — Reclassifications from accumulated other comprehensive income — (52) (5.5) — (84) (0.7) — (108) (1.0) Noncontrolling interest — 14 1.5 — (67) (0.6) — (197) (1.7) Dividends received deduction — (59) (6.3) — (36) (0.3) — (37) (0.3) Tax deconsolidation and separation costs — — — (104) (1.0) — — — State and local income taxes — 12 1.3 — 24 0.2 — 105 0.9 Other — (3) (0.4) — (29) (0.3) — (2) — Adjustments to deferred tax assets — (40) (4.3) — — — — — — Adjustments to prior year tax returns — (67) (7.1) — (48) (0.5) — (3) — Share based compensation payments excess tax deduction — (10) (1.1) — (6) (0.1) — 4 — Valuation allowance — 11 1.2 — 157 1.5 — 26 0.2 Consolidated total amounts $ 940 $ (96) (10.2) % $ 10,491 $ 2,012 19.2 % $ 11,254 $ 2,082 18.5 %
Schedule of Deferred Tax Assets and Liabilities	The following table presents the components of the net deferred tax assets (liabilities): December 31, (in millions) 2023 2022 Deferred tax assets: Losses and tax credit carryforwards $ 453 $ 572 Basis differences on investments 3,446 2,989 Life policy reserves 1,532 1,561 Accruals not currently deductible, and other — 61 Investments in foreign subsidiaries 49 — Fixed assets and intangible assets 1,328 885 Other 406 439 Employee benefits 72 81 Unrealized losses related to available-for-sale debt securities 3,751 4,928 Unearned premium reserve reduction — 144 Market risk benefits 1,004 828 Total deferred tax assets 12,041 12,488 Deferred tax liabilities: Fortitude Re funds withheld embedded derivative (712) (863) Accruals not currently deductible, and other (184) — Deferred policy acquisition costs (1,546) (1,504) Total deferred tax liabilities (2,442) (2,367) Net deferred tax assets before valuation allowance 9,599 10,121 Valuation allowance (1,372) (1,752) Net deferred tax assets (liabilities) $ 8,227 $ 8,369
Schedule of Unrecognized Tax Benefits Roll Forward	The following table presents a reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits: Years Ended December 31, (in millions) 2023 2022 2021 Gross unrecognized tax benefits, beginning of year $ 20 $ 18 $ 917 Increases in tax positions for prior years — 3 — Decreases in tax positions for prior years — (1) (899) Increases in tax positions for current year — — — Settlements — — — Gross unrecognized tax benefits, end of year $ 20 $ 20 $ 18
Summary of Income Tax Examinations	Listed below are the tax years that remain subject to examination by major tax jurisdictions: December 31, 2023 Open Tax Years Major Tax Jurisdiction United States 2007-2022 United Kingdom 2022

Related Parties (Tables)

Related Parties (Tables)	12 Months Ended
	Dec. 31, 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 years ended December 31, 2023, 2022 and 2021: Years Ended December 31, (in millions) 2023 2022 2021 Revenues: Other income $ 34 $ 95 $ 85 Net investment income - excluding Fortitude Re funds withheld assets (8) (1) (14) Total revenues $ 26 $ 94 $ 71 Expenses: General operating and other expenses $ 161 $ 131 $ 349 Interest expense 9 79 82 Loss on extinguishment of debt — — 145 Total expenses $ 170 $ 210 $ 576 The table below summarizes payments to or refunds from AIG in connection with the tax sharing agreements for the years ended December 31, 2023, 2022 and 2021: Years Ended December 31, (in millions) 2023 2022 2021 Payment or (refund): Corebridge $ (494) $ 1,018 $ 1,537 SAFG Capital LLC — 14 (5) Total $ (494) $ 1,032 $ 1,532 For further details on tax impact of the IPO, see Note 24 .

Overview and Basis of Present_2

Overview and Basis of Presentation (Details) $ / shares in Units, € in Millions, £ in Millions, shares in Millions

12 Months Ended

Oct. 31, 2023 USD ($)

Oct. 31, 2023 EUR (€)

Sep. 25, 2023 GBP (£)

Jun. 12, 2023 USD ($) shares

Sep. 19, 2022 USD ($)

Feb. 28, 2022 USD ($)

Dec. 15, 2021 USD ($)

Nov. 02, 2021 USD ($)

Jul. 16, 2021 USD ($) mutualFund

Dec. 31, 2023 USD ($) director $ / shares

Dec. 31, 2022 USD ($) $ / shares

Dec. 31, 2021 USD ($)

Sep. 30, 2027 USD ($)

Mar. 31, 2022

Nov. 01, 2021 USD ($)

Nov. 30, 2018

Other Ownership Interests [Line Items]

Common stock, par value (in dollars per share) | $ / shares

$ 0.01

$ 0.01

Net (gain) loss on sale of divested businesses

$ 676,000,000

$ (1,000,000)

$ 3,081,000,000

Asset Management, Number Of Mutual Funds Reorganized | mutualFund

12

Consideration received on sale of real estate

$ 4,900,000,000

Pre-tax gain on real estate

$ 3,000,000,000

SAAMCo

Other Ownership Interests [Line Items]

Gain on sale of assets

$ 103,000,000

Assets under management

$ 6,800,000,000

Earning period (in years)

3 years

Number of mutual funds liquidated | mutualFund

6,000,000,000

AIG

Other Ownership Interests [Line Items]

Dividends payable

$ 8,300,000,000

Corebridge

Other Ownership Interests [Line Items]

Net (gain) loss on sale of divested businesses

$ 3,081,000,000

Disposal Group, Held-for-Sale, Not Discontinued Operations | AIG Life Limited

Other Ownership Interests [Line Items]

Proceeds from sale of business | £

£ 460

Disposal Group, Disposed of by Sale, Not Discontinued Operations | Laya Healthcare Limited

Other Ownership Interests [Line Items]

Proceeds from sale of business

$ 731,000,000

€ 691

Net (gain) loss on sale of divested businesses

$ 652,000,000

AIGT And Eastgreen | Total derivatives with related parties

Other Ownership Interests [Line Items]

Consideration transferred

$ 107,000,000

Corebridge Financial

Other Ownership Interests [Line Items]

Stock issued in IPO (in shares)

$ 159,800,000

$ 80,000,000

Stock repurchased (in shares) | shares

17.2

Assets under management

$ 50,000,000,000

$ 55,400,000,000

Corebridge Financial | Forecast

Other Ownership Interests [Line Items]

Assets under management

$ 92,500,000,000

Corebridge Financial | Blackstone

Other Ownership Interests [Line Items]

Amount permitted to be sold after first anniversary (as a percent)

25%

Amount permitted to be sold after second anniversary (as a percent)

67%

Amount permitted to be sold after third anniversary (as a percent)

75%

Ownership percentage required for nominee (as a percent)

50%

Number of nominations for election | director

1

Corebridge Financial Inc

Other Ownership Interests [Line Items]

Ownership percentage (as a percent)

52.20%

Corebridge Financial Inc | Blackstone

Other Ownership Interests [Line Items]

Ownership (as a percent)

9.90%

Fortitude Holdings | Fortitude | AIG

Other Ownership Interests [Line Items]

Ownership percentage (as a percent)

3.50%

Fortitude Holdings | Fortitude | Corebridge

Other Ownership Interests [Line Items]

Ownership percentage (as a percent)

2.46%

3.50%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity	$ (12,635)	$ (10,319)	$ (28,989)	$ (38,624)	$ (39,781)
Accumulated other comprehensive loss	(13,458)	(16,863)		12,304
Retained earnings	17,572	18,207		23,771
Accumulated Other Comprehensive Income (Loss)
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity	13,458	16,863	(8,233)		(14,653)
Retained Earnings
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity	$ (17,572)	$ (18,207)	$ (10,937)		0
Effect of Change
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity					1,157
Retained earnings				158
Effect of Change | Accumulated Other Comprehensive Income (Loss)
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity					$ 2,349
Effect of Change | Minimum | ASU 2018-12 | Accumulated Other Comprehensive Income (Loss)
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity				(2,300)
Effect of Change | Minimum | ASU 2018-12 | Retained Earnings
Summary of Significant Accounting Policies [Line Items]
Stockholders' equity				$ (1,200)
Capitalized Software Costs
Summary of Significant Accounting Policies [Line Items]
Useful life (in years)	10 years
Building
Summary of Significant Accounting Policies [Line Items]
Useful life (in years)	40 years
Furniture and Fixtures
Summary of Significant Accounting Policies [Line Items]
Useful life (in years)	10 years
Office Equipment
Summary of Significant Accounting Policies [Line Items]
Useful life (in years)	5 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Adjusted Balance Sheet to Apply Adopted Guidance (Details) - USD ($) $ in Millions	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Assets:
Reinsurance assets, net of allowance for credit losses and disputes	$ 1,620		$ 2,517			$ 3,140	$ 3,155
Deferred income taxes	8,577		8,831			3,950
Deferred policy acquisition costs and value of business acquired	10,011		10,563			10,500
Market risk benefit assets, at fair value	912		796			338	338
Other assets	2,294	[1]	2,521	[1]		3,824
Total assets	379,270		360,322			422,435
Liabilities:
Future policy benefits for life and accident and health insurance contracts	57,108		50,518		$ 64,270	65,182
Policyholder contract deposits	162,050		156,058		151,545	148,421	148,421
Market risk benefit liabilities, at fair value	5,705		4,736			8,739
Other policyholder funds	2,862		2,885		2,879	2,740
Total liabilities	366,635		350,003			383,760
Shareholders’ net investment(h)	17,572		18,207			23,771
Accumulated other comprehensive loss	(13,458)		(16,863)			12,304
Total Corebridge Shareholders' equity	11,766		9,380			36,075
Total equity	12,635		10,319		$ 28,989	38,624	39,781
Total liabilities and equity	379,270		360,322			422,435
Effect of Change
Liabilities:
Shareholders’ net investment(h)						158
Total equity							(1,157)
As Previously Reported
Assets:
Reinsurance assets, net of allowance for credit losses and disputes			2,980			2,707	2,722
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	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			1,192
Accumulated other comprehensive loss			(916)			(2,349)
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	26,772		26,844			36,824
Fortitude RE | Effect of Change
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	1,620		2,517
Liabilities:
Other liabilities	$ 8,330	[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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Premiums	$ 7,691	$ 5,091	$ 5,653
Policy fees	2,797	2,914	3,005
Total net realized gains (losses)	(3,572)	6,091	1,752
Total revenues	18,878	24,697	23,257
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	9,362	6,720	7,387
Change in the fair value of market risk benefits, net	(6)	(958)	(447)
Interest credited to policyholder account balances	4,427	3,732	3,562
Amortization of deferred policy acquisition costs and value of business acquired	1,042	1,020	951
Non-deferrable insurance commissions	588	568	623
Total benefits and expenses	17,938	14,206	12,003
Income (loss) before income tax expense (benefit)	940	10,491	11,254
Income tax expense (benefit)	(96)	2,012	2,082
Net income (loss)	1,036	8,479	9,172
Net income (loss) attributable to Corebridge	$ 1,104	$ 8,159	8,243
Basic (in dollars per share)	$ 1.72	$ 12.63
Diluted (in dollars per share)	$ 1.71	$ 12.60
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 1,036	$ 8,479	9,172
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken	13	(61)	31
Change in unrealized appreciation (depreciation) of all other investments	4,730	(31,695)	(5,638)
Change in fair value of market risk benefits attributable to changes in our own credit risk	(544)	1,294	179
Other comprehensive income (loss)	3,416	(25,106)	(4,091)
Comprehensive income (loss)	4,452	(16,627)	5,081
Comprehensive income (loss) attributable to Corebridge	$ 4,509	(16,937)	$ 4,152
Common Stock Class A
Income Statement [Abstract]
Basic (in dollars per share)			$ 13.18
Diluted (in dollars per share)			13.18
Common Stock Class B
Income Statement [Abstract]
Basic (in dollars per share)			9.14
Diluted (in dollars per share)			$ 9.14
As Previously Reported
Income Statement [Abstract]
Premiums		5,093	$ 5,637
Policy fees		2,972	3,051
Total net realized gains (losses)		8,013	1,855
Total revenues		26,679	23,390
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)		7,332	8,050
Change in the fair value of market risk benefits, net		0	0
Interest credited to policyholder account balances		3,696	3,549
Amortization of deferred policy acquisition costs and value of business acquired		1,431	1,057
Non-deferrable insurance commissions		636	680
Total benefits and expenses		16,219	13,263
Income (loss) before income tax expense (benefit)		10,460	10,127
Income tax expense (benefit)		1,991	1,843
Net income (loss)		8,469	8,284
Net income (loss) attributable to Corebridge		$ 8,149	7,355
Basic (in dollars per share)		$ 12.61
Diluted (in dollars per share)		$ 12.59
Statement of Comprehensive Income [Abstract]
Net income (loss)		$ 8,469	8,284
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken		(54)	22
Change in unrealized appreciation (depreciation) of all other investments		(26,128)	(4,509)
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
Other comprehensive income (loss)		(26,124)	(4,506)
Comprehensive income (loss)		(17,655)	3,778
Comprehensive income (loss) attributable to Corebridge		(17,965)	$ 2,849
As Previously Reported | Common Stock Class A
Income Statement [Abstract]
Basic (in dollars per share)			$ 11.80
Diluted (in dollars per share)			11.80
As Previously Reported | Common Stock Class B
Income Statement [Abstract]
Basic (in dollars per share)			7.77
Diluted (in dollars per share)			$ 7.77
Effect of Change
Income Statement [Abstract]
Premiums		(2)	$ 16
Policy fees		(58)	(46)
Total net realized gains (losses)		(1,922)	(103)
Total revenues		(1,982)	(133)
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)		(612)	(663)
Change in the fair value of market risk benefits, net		(958)	(447)
Interest credited to policyholder account balances		36	13
Amortization of deferred policy acquisition costs and value of business acquired		(411)	(106)
Non-deferrable insurance commissions		(68)	(57)
Total benefits and expenses		(2,013)	(1,260)
Income (loss) before income tax expense (benefit)		31	1,127
Income tax expense (benefit)		21	239
Net income (loss)		10	888
Net income (loss) attributable to Corebridge		$ 10	888
Basic (in dollars per share)		$ 0.02
Diluted (in dollars per share)		$ 0.01
Statement of Comprehensive Income [Abstract]
Net income (loss)		$ 10	888
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken		(7)	9
Change in unrealized appreciation (depreciation) of all other investments		(5,567)	(1,129)
Change in fair value of market risk benefits attributable to changes in our own credit risk		1,294	179
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts		5,298	1,356
Other comprehensive income (loss)		1,018	415
Comprehensive income (loss)		1,028	1,303
Comprehensive income (loss) attributable to Corebridge		$ 1,028	$ 1,303
Effect of Change | Common Stock Class A
Income Statement [Abstract]
Basic (in dollars per share)			$ 1.38
Diluted (in dollars per share)			1.38
Effect of Change | Common Stock Class B
Income Statement [Abstract]
Basic (in dollars per share)			1.37
Diluted (in dollars per share)			$ 1.37

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Adjusted Cash Flows to Apply Adopted Guidance (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income (loss)	$ 1,036	$ 8,479	$ 9,172
Noncash revenues, expenses, gains and losses included in income (loss):
Unrealized (gains) losses in earnings - net	1,797	864	(556)
Change in the fair value of market risk benefits, net	348	1,481	1,427
Depreciation and other amortization	366	585	413
Changes in operating assets and liabilities:
Insurance liabilities	770	996	1,536
Premiums and other receivables and payables - net	(265)	40	156
Reinsurance assets and funds held under reinsurance treaties	675	1,086	307
Capitalization of deferred policy acquisition costs	(1,260)	(1,059)	(1,058)
Current and deferred income taxes - net	(116)	912	169
Other, net	1,134	390	(709)
Total adjustments	2,321	(5,858)	(6,767)
Net cash provided by operating activities	3,357	2,621	2,405
Cash flows from financing activities:
Policyholder contract deposits	33,015	26,582	25,443
Net cash provided by (used in) financing activities	$ 2,114	4,674	(753)
As Previously Reported
Cash flows from operating activities:
Net income (loss)		8,469	8,284
Noncash revenues, expenses, gains and losses included in income (loss):
Unrealized (gains) losses in earnings - net		(1,621)	(1,573)
Change in the fair value of market risk benefits, net		0	0
Depreciation and other amortization		1,021	562
Changes in operating assets and liabilities:
Insurance liabilities		2,064	2,161
Premiums and other receivables and payables - net		68	226
Reinsurance assets and funds held under reinsurance treaties		409	155
Capitalization of deferred policy acquisition costs		(991)	(1,000)
Current and deferred income taxes - net		890	(70)
Other, net		577	(686)
Total adjustments		(5,774)	(5,823)
Net cash provided by operating activities		2,695	2,461
Cash flows from financing activities:
Policyholder contract deposits		26,508	25,387
Net cash provided by (used in) financing activities		4,600	(809)
Effect of Change
Cash flows from operating activities:
Net income (loss)		10	888
Noncash revenues, expenses, gains and losses included in income (loss):
Unrealized (gains) losses in earnings - net		2,485	1,017
Change in the fair value of market risk benefits, net		(1,481)	(1,427)
Depreciation and other amortization		(436)	(149)
Changes in operating assets and liabilities:
Insurance liabilities		(1,068)	(625)
Premiums and other receivables and payables - net		(28)	(70)
Reinsurance assets and funds held under reinsurance treaties		677	152
Capitalization of deferred policy acquisition costs		(68)	(58)
Current and deferred income taxes - net		22	239
Other, net		(187)	(23)
Total adjustments		(84)	(944)
Net cash provided by operating activities		(74)	(56)
Cash flows from financing activities:
Policyholder contract deposits		74	56
Net cash provided by (used in) financing activities		$ 74	$ 56

Segment Information - Schedule

Segment Information - Schedule of continuing operations by operating segment (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) segment	Dec. 31, 2022 USD ($)	Dec. 31, 2021 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	$ 7,691	$ 5,091	$ 5,653
Policy fees	2,797	2,914	3,005
Total net investment income	11,078	9,576	11,672
Total net realized gains (losses)	(3,572)	6,091	1,752
Advisory fee and other income	884	1,025	1,175
Total revenues	18,878	24,697	23,257
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	9,362	6,720	7,387
Change in the fair value of market risk benefits, net	(6)	(958)	(447)
Interest credited to policyholder account balances	4,427	3,732	3,562
Amortization of deferred policy acquisition costs and value of business acquired	1,042	1,020	951
Non-deferrable insurance commissions	588	568	623
Advisory fee expenses	261	266	322
General operating expenses	2,360	2,323	2,104
Interest expense	580	534	389
(Gain) loss on extinguishment of debt	0	0	219
Net (gain) loss on divestitures	(676)	1	(3,081)
Total benefits and expenses	17,938	14,206	12,003
Net income (loss) attributable to noncontrolling interests	68	(320)	(929)
Income before income tax expense (benefit)	940	10,491	11,254
Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total net investment income	1,368	891	1,775
Income before income tax expense (benefit)	(590)	6,841	2,012
Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			(26)
Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			(3,081)
Operating Segments | Individual Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	213	235	195
Policy fees	708	741	797
Total net investment income	4,908	3,888	4,334
Total net realized gains (losses)	0	0	0
Advisory fee and other income	426	451	592
Total revenues	6,255	5,315	5,918
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	204	285	317
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	2,269	1,916	1,793
Amortization of deferred policy acquisition costs and value of business acquired	572	523	451
Non-deferrable insurance commissions	355	351	396
Advisory fee expenses	141	141	189
General operating expenses	402	426	437
Interest expense	0	0	46
(Gain) loss on extinguishment of debt			0
Net (gain) loss on divestitures	0	0
Total benefits and expenses	3,943	3,642	3,629
Net income (loss) attributable to noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	2,312	1,673	2,289
Operating Segments | Individual Retirement | Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Operating Segments | Individual Retirement | Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Operating Segments | Group Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	20	19	22
Policy fees	406	415	480
Total net investment income	1,996	2,000	2,413
Total net realized gains (losses)	0	0	0
Advisory fee and other income	309	305	337
Total revenues	2,731	2,739	3,252
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	31	35	31
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	1,182	1,147	1,159
Amortization of deferred policy acquisition costs and value of business acquired	82	80	78
Non-deferrable insurance commissions	124	123	122
Advisory fee expenses	118	124	133
General operating expenses	440	447	445
Interest expense	0	0	35
(Gain) loss on extinguishment of debt			0
Net (gain) loss on divestitures	0	0
Total benefits and expenses	1,977	1,956	2,003
Net income (loss) attributable to noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	754	783	1,249
Operating Segments | Group Retirement | Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Operating Segments | Group Retirement | Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Operating Segments | Life Insurance
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	1,776	1,864	1,586
Policy fees	1,488	1,564	1,541
Total net investment income	1,282	1,389	1,621
Total net realized gains (losses)	0	0	0
Advisory fee and other income	93	121	110
Total revenues	4,639	4,938	4,858
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	2,838	3,010	2,842
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	340	342	354
Amortization of deferred policy acquisition costs and value of business acquired	379	410	416
Non-deferrable insurance commissions	88	72	80
Advisory fee expenses	2	1	0
General operating expenses	619	656	682
Interest expense	0	0	25
(Gain) loss on extinguishment of debt			0
Net (gain) loss on divestitures	0	0
Total benefits and expenses	4,266	4,491	4,399
Net income (loss) attributable to noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	373	447	459
Operating Segments | Life Insurance | Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Operating Segments | Life Insurance | Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Operating Segments | Institutional Markets
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	5,607	2,913	3,774
Policy fees	195	194	187
Total net investment income	1,586	1,049	1,155
Total net realized gains (losses)	0	0	0
Advisory fee and other income	2	2	2
Total revenues	7,390	4,158	5,118
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	6,298	3,404	4,183
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	600	320	274
Amortization of deferred policy acquisition costs and value of business acquired	9	7	6
Non-deferrable insurance commissions	19	20	22
Advisory fee expenses	0	0	0
General operating expenses	85	73	77
Interest expense	0	0	9
(Gain) loss on extinguishment of debt			0
Net (gain) loss on divestitures	0	0
Total benefits and expenses	7,011	3,824	4,571
Net income (loss) attributable to noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	379	334	547
Operating Segments | Institutional Markets | Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Operating Segments | Institutional Markets | Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Operating Segments | Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	78	82	86
Policy fees	0	0	0
Total net investment income	92	473	443
Total net realized gains (losses)	(2)	170	701
Advisory fee and other income	54	121	134
Total revenues	222	846	1,364
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	(3)	0	0
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	0	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0
Non-deferrable insurance commissions	2	2	3
Advisory fee expenses	0	0	0
General operating expenses	339	384	375
Interest expense	569	535	286
(Gain) loss on extinguishment of debt			0
Net (gain) loss on divestitures	0	0
Total benefits and expenses	907	921	664
Net income (loss) attributable to noncontrolling interests	68	(320)	(861)
Adjusted pre-tax operating income (loss)	(617)	(395)	(161)
Operating Segments | Corporate and Other | Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Operating Segments | Corporate and Other | Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	0	0	0
Policy fees	0	0	0
Total net investment income	(25)	(41)	(49)
Total net realized gains (losses)	0	0	0
Advisory fee and other income	0	0	0
Total revenues	(25)	(41)	(49)
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	0	0	0
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	0	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0
Non-deferrable insurance commissions	0	0	0
Advisory fee expenses	0	0	0
General operating expenses	0	(2)	0
Interest expense	(17)	(51)	(47)
(Gain) loss on extinguishment of debt			0
Net (gain) loss on divestitures	0	0
Total benefits and expenses	(17)	(53)	(47)
Net income (loss) attributable to noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	(8)	12	(2)
Eliminations | Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Eliminations | Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	(3)	(22)	(10)
Policy fees	0	0	0
Total net investment income	1,239	818	1,755
Total net realized gains (losses)	(3,570)	5,921	1,051
Advisory fee and other income	0	25	0
Total revenues	(2,334)	6,742	2,796
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	(6)	(14)	14
Change in the fair value of market risk benefits, net	(6)	(958)	(447)
Interest credited to policyholder account balances	36	7	(18)
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0
Non-deferrable insurance commissions	0	0	0
Advisory fee expenses	0	0	0
General operating expenses	475	339	88
Interest expense	28	50	35
(Gain) loss on extinguishment of debt			219
Net (gain) loss on divestitures	(676)	1
Total benefits and expenses	(149)	(575)	(3,216)
Net income (loss) attributable to noncontrolling interests	(68)	320	861
Adjustments | Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			(26)
Adjustments | Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			(3,081)
Total Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	7,694	5,113	5,663
Policy fees	2,797	2,914	3,005
Total net investment income	9,839	8,758	9,917
Total net realized gains (losses)	(2)	170	701
Advisory fee and other income	884	1,000	1,175
Total revenues	21,212	17,955	20,461
Policyholder benefits (includes remeasurement (gains) losses of $342, $298 and $233 for the years ended December 31, 2023, 2022 and 2021, respectively)	9,368	6,734	7,373
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	4,391	3,725	3,580
Amortization of deferred policy acquisition costs and value of business acquired	1,042	1,020	951
Non-deferrable insurance commissions	588	568	623
Advisory fee expenses	261	266	322
General operating expenses	1,885	1,984	2,016
Interest expense	552	484	354
(Gain) loss on extinguishment of debt			0
Net (gain) loss on divestitures	0	0
Total benefits and expenses	18,087	14,781	15,219
Net income (loss) attributable to noncontrolling interests	68	(320)	(861)
Adjusted pre-tax operating income (loss)	$ 3,193	$ 2,854	4,381
Total Corebridge | Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			0
Total Corebridge | Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net (gain) loss on divestitures			$ 0

Segment Information - Schedul_2

Segment Information - Schedule of revenues and other assets by geographic area (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total revenue	$ 18,878	$ 24,697	$ 23,257
North America
Segment Reporting Information [Line Items]
Total revenue	18,299	24,160	22,733
International
Segment Reporting Information [Line Items]
Total revenue	$ 579	$ 537	$ 524

Held-For-Sale Classification -

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

Held-For-Sale Classification _2

Held-For-Sale Classification - Schedule of Components of Assets and Liabilities Held-for-Sale (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets held-for-sale	$ 2,237	$ 0
Total liabilities held-for-sale	1,746	$ 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	167
Other invested assets	67
Short-term investments, including restricted cash of $0 million	11
Cash	3
Accrued investment income	3
Premiums and other receivables, net of allowance for credit losses and disputes	116
Reinsurance assets - other, net of allowance for credit losses and disputes	899
Deferred income taxes	47
Deferred policy acquisition costs	814
Other assets, net of allowance for credit losses	110
Total assets held-for-sale	2,237
Future policy benefits for life and accident and health insurance contracts	838
Other liabilities	908
Total liabilities held-for-sale	1,746
Restricted cash	0
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	67
Short-term investments, including restricted cash of $0 million	0
Cash	0
Accrued investment income	0
Premiums and other receivables, net of allowance for credit losses and disputes	0
Reinsurance assets - other, net of allowance for credit losses and disputes	0
Deferred income taxes	0
Deferred policy acquisition costs	0
Other assets, net of allowance for credit losses	27
Total assets held-for-sale	94
Future policy benefits for life and accident and health insurance contracts	0
Other liabilities	0
Total liabilities held-for-sale	0
Disposal Group, Held-for-Sale, Not Discontinued Operations | AIG Life
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Bonds available-for-sale	167
Other invested assets	0
Short-term investments, including restricted cash of $0 million	11
Cash	3
Accrued investment income	3
Premiums and other receivables, net of allowance for credit losses and disputes	116
Reinsurance assets - other, net of allowance for credit losses and disputes	899
Deferred income taxes	47
Deferred policy acquisition costs	814
Other assets, net of allowance for credit losses	83
Total assets held-for-sale	2,143
Future policy benefits for life and accident and health insurance contracts	838
Other liabilities	908
Total liabilities held-for-sale	$ 1,746

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	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	$ 23	$ (92)
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.	$ (10)	(142)
Average original expected lives (in years)	10 years
Non-Recurring Basis
Fair Value, Option, Quantitative Disclosures
Loans held for sale	$ 80	12
Alternative investments
Fair Value, Option, Quantitative Disclosures
Fair value option carrying amount	0	6
Fair value option, aforementioned principal amount	0	655
Asset Class to Loans Held For Sale | Non-Recurring Basis
Fair Value, Option, Quantitative Disclosures
Loans held for sale	$ 0	$ 163
Minimum
Fair Value, Option, Quantitative Disclosures
Extension period (in years)	1 year
Maximum
Fair Value, Option, Quantitative Disclosures
Extension period (in years)	2 years
Interest Rate Swap
Fair Value, Option, Quantitative Disclosures
Liability for policyholder contract deposits, interest rate (as a percent)	5.04%

Fair Value Measurements - Asset

Fair Value Measurements - Assets and liabilities measured at fair value on a recurring basis (Details) - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Assets:
Bonds available-for-sale	[1]	$ 166,527	$ 156,793
Other bond securities	[1]	4,578	3,769
Equity securities	[1]	63	170
Derivative assets		5,925	3,252
Counterparty netting		(3,646)	(2,547)
Cash Collateral		(1,886)	(406)
Total derivative assets		393	299
Short-term investments	[1]	4,336	4,400
Market risk benefit assets, at fair value		912	796		$ 338	$ 338
Separate account assets		91,005	84,853
Total
Policyholder contract deposits		162,050	156,058	$ 151,545	148,421	$ 148,421
Derivative liabilities		4,588	3,335
Counterparty netting		(3,646)	(2,547)
Cash Collateral		(801)	(691)
Total derivative liabilities		141	97
Market risk benefit liabilities, at fair value		5,705	4,736		$ 8,739
Private equity funds/hedge funds		7,690	8,014
Affiliated Entity
Assets:
Derivative assets		622	3,177
Total
Derivative liabilities		232	3,154
Fair Value Measured at Net Asset Value Per Share
Total
Private equity funds/hedge funds		5,800	6,000
U.S. government and government sponsored entities
Assets:
Bonds available-for-sale		1,220	1,198
Obligations of states, municipalities and political subdivisions
Assets:
Bonds available-for-sale		5,831	5,926
Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available-for-sale		821	780
Non-U.S. governments
Assets:
Bonds available-for-sale		4,057	4,392
Corporate debt
Assets:
Bonds available-for-sale		106,082	104,692
Corporate debt | Level 3
Assets:
Bonds available-for-sale		1,471	1,988
RMBS
Assets:
Bonds available-for-sale		14,277	11,944
RMBS | Affiliated Entity
Assets:
Bonds available-for-sale		43	39
RMBS | Level 3
Assets:
Bonds available-for-sale		3,315	3,725
CMBS
Assets:
Bonds available-for-sale		9,981	10,068
CMBS | Level 3
Assets:
Bonds available-for-sale		565	663
CLO
Assets:
Bonds available-for-sale		11,144	8,186
ABS
Assets:
Bonds available-for-sale		13,935	10,387
Recurring Basis
Assets:
Bonds available-for-sale		166,527	156,793
Other bond securities		4,578	3,769
Equity securities		63	170
Other invested assets		1,850	1,832
Counterparty netting		(3,646)	(2,547)
Cash Collateral		(1,886)	(406)
Counterparty netting and cash collateral		(5,532)	(2,953)
Total derivative assets		393	299
Short-term investments		1,408	1,357
Market risk benefit assets, at fair value		912	796
Separate account assets		91,005	84,853
Total		266,736	249,869
Total
Policyholder contract deposits		8,050	5,464
Counterparty netting		(3,646)	(2,547)
Cash Collateral		(801)	(691)
Counterparty netting and cash collateral		(4,447)	(3,238)
Total derivative liabilities		141	97
Fortitude Re funds withheld payable		2,182	1,262
Market risk benefit liabilities, at fair value		5,705	4,736
Debt of consolidated investment entities		0	6
Total		16,078	11,565
Recurring Basis | Disposal Group, Held-for-Sale, Not Discontinued Operations
Assets:
Total		167
Recurring Basis | Debt of Consolidated Entities
Total
Debt of consolidated investment entities		0
Recurring Basis | Level 1
Assets:
Bonds available-for-sale		20	0
Other bond securities		0	0
Equity securities		21	141
Other invested assets		0	0
Derivative assets		7	12
Short-term investments		21	1
Market risk benefit assets, at fair value		0	0
Separate account assets		87,813	81,655
Total		87,882	81,809
Total
Policyholder contract deposits		0	0
Derivative liabilities		2	2
Fortitude Re funds withheld payable		0	0
Market risk benefit liabilities, at fair value		0	0
Debt of consolidated investment entities			0
Total		2	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		143,095	136,367
Other bond securities		3,255	2,465
Equity securities		0	3
Other invested assets		0	0
Derivative assets		4,633	2,641
Short-term investments		1,387	1,356
Market risk benefit assets, at fair value		0	0
Separate account assets		3,192	3,198
Total		155,562	146,030
Total
Policyholder contract deposits		108	97
Derivative liabilities		4,521	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		4,629	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		23,412	20,426
Other bond securities		1,323	1,304
Equity securities		42	26
Other invested assets		1,850	1,832
Derivative assets		1,285	599
Short-term investments		0	0
Market risk benefit assets, at fair value		912	796
Separate account assets		0	0
Total		28,824	24,983
Total
Policyholder contract deposits		7,942	5,367
Derivative liabilities		65	15
Fortitude Re funds withheld payable		2,182	1,262
Market risk benefit liabilities, at fair value		5,705	4,736
Debt of consolidated investment entities			6
Total		15,894	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		2,947	1,573
Total
Derivative liabilities		3,278	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		2,498	1,269
Total
Derivative liabilities		3,278	2,676
Recurring Basis | Interest rate contracts | Level 3
Assets:
Derivative assets		449	303
Total
Derivative liabilities		0	0
Recurring Basis | Foreign exchange contracts
Assets:
Derivative assets		940	1,247
Total
Derivative liabilities		563	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		940	1,247
Total
Derivative liabilities		563	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		2,017	417
Total
Derivative liabilities		745	27
Recurring Basis | Equity contracts | Level 1
Assets:
Derivative assets		7	11
Total
Derivative liabilities		2	2
Recurring Basis | Equity contracts | Level 2
Assets:
Derivative assets		1,186	124
Total
Derivative liabilities		680	10
Recurring Basis | Equity contracts | Level 3
Assets:
Derivative assets		824	282
Total
Derivative liabilities		63	15
Recurring Basis | Credit contracts
Assets:
Derivative assets		8	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		8	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		13	15
Total
Derivative liabilities		2	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		1	1
Total
Derivative liabilities		0	0
Recurring Basis | Other contracts | Level 3
Assets:
Derivative assets		12	14
Total
Derivative liabilities		2	0
Recurring Basis | U.S. government and government sponsored entities
Assets:
Bonds available-for-sale		1,220	1,198
Other bond securities		0
Recurring Basis | U.S. government and government sponsored entities | Level 1
Assets:
Bonds available-for-sale		20	0
Other bond securities		0
Recurring Basis | U.S. government and government sponsored entities | Level 2
Assets:
Bonds available-for-sale		1,200	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		5,831	5,926
Other bond securities		40	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		4,987	5,121
Other bond securities		39	37
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available-for-sale		844	805
Other bond securities		1	0
Recurring Basis | Non-U.S. governments
Assets:
Bonds available-for-sale		4,057	4,392
Other bond securities		13	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		4,057	4,392
Other bond securities		13	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		106,082	104,692
Other bond securities		2,653	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		104,725	102,724
Other bond securities		2,486	1,805
Recurring Basis | Corporate debt | Level 3
Assets:
Bonds available-for-sale		1,357	1,968
Other bond securities		167	417
Recurring Basis | RMBS
Assets:
Bonds available-for-sale		14,277	11,944
Other bond securities		170	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		8,423	6,274
Other bond securities		63	58
Recurring Basis | RMBS | Level 2 | Affiliated Entity
Assets:
Bonds available-for-sale		36	37
Recurring Basis | RMBS | Level 2 | Affiliated Entity | Maximum
Assets:
Other bond securities		1	1
Recurring Basis | RMBS | Level 3
Assets:
Bonds available-for-sale		5,854	5,670
Other bond securities		107	107
Recurring Basis | RMBS | Level 3 | Affiliated Entity
Assets:
Bonds available-for-sale		7	2
Recurring Basis | CMBS
Assets:
Bonds available-for-sale		9,981	10,068
Other bond securities		228	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		9,373	9,350
Other bond securities		211	204
Recurring Basis | CMBS | Level 3
Assets:
Bonds available-for-sale		608	718
Other bond securities		17	28
Recurring Basis | CLO
Assets:
Bonds available-for-sale		11,144	8,186
Other bond securities		423	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		9,301	6,516
Other bond securities		354	268
Recurring Basis | CLO | Level 3
Assets:
Bonds available-for-sale		1,843	1,670
Other bond securities		69	11
Recurring Basis | ABS
Assets:
Bonds available-for-sale		13,935	10,387
Other bond securities		1,051	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		1,029	792
Other bond securities		89	71
Recurring Basis | ABS | Level 3
Assets:
Bonds available-for-sale		12,906	9,595
Other bond securities		$ 962	$ 741
[1] See Note 9

Fair Value Measurements - Chang

Fair Value Measurements - Changes in level 3 recurring fair value measurements, assets (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		$ 23,588	$ 24,928
Net Realized and Unrealized Gains (Losses) Included in Income		371	612
Other Comprehensive Income (Loss)		435	(3,445)
Purchases, Sales, Issuances and Settlements, Net		2,136	2,660
Gross Transfers In		1,535	2,957
Gross Transfers Out		(1,782)	(3,423)
Other(d)		(344)	(701)
Fair Value End of Period		$ 26,627	$ 23,588
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		$ (176)	$ 163
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		$ 129	(2,565)
Gross Transfers Out			0
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]		Other comprehensive income (loss)
Short-term investments	[1]	$ 4,336	4,400
Fair Value Beginning of Period		8,904	6,051	$ 13,081
Net Realized and Unrealized (Gains) Losses Included in Income		2,661	(7,023)
Other Comprehensive (Income) Loss		0	0
Purchases, Sales, Issuances and Settlements, Net		(339)	(7)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(921)	7,864
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Bonds available-for-sale	[1]	166,527	156,793
Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		1,408	1,357
Bonds available-for-sale		166,527	156,793
Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		21	1
Bonds available-for-sale		20	0
Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		1,387	1,356
Bonds available-for-sale		143,095	136,367
Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Short-term investments		0	0
Bonds available-for-sale		23,412	20,426
Interest rate contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Foreign exchange contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Equity contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Credit contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Other contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Derivative liabilities, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Net Realized and Unrealized (Gains) Losses Included in Income		(538)	432
Purchases, Sales, Issuances and Settlements, Net		(629)	(546)
Policyholder contract deposits
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Fair Value Beginning of Period		7,942	5,367	5,572
Net Realized and Unrealized (Gains) Losses Included in Income		1,464	(1,107)
Other Comprehensive (Income) Loss		0	0
Purchases, Sales, Issuances and Settlements, Net		1,111	902
Gross Transfers In		0	0
Other		0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(733)	1,363
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Fortitude Re funds withheld payable
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Fair Value Beginning of Period		2,182	1,262	7,974
Net Realized and Unrealized (Gains) Losses Included in Income		1,734	(6,348)
Other Comprehensive (Income) Loss		0	0
Purchases, Sales, Issuances and Settlements, Net		(814)	(364)
Gross Transfers In		0	0
Other		0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(721)	6,689
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Debt of consolidated investment entities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gross Transfers Out		0	0
Fair Value Beginning of Period		0	6	$ 5
Net Realized and Unrealized (Gains) Losses Included in Income		1	0
Other Comprehensive (Income) Loss		0	0
Purchases, Sales, Issuances and Settlements, Net		(7)	1
Gross Transfers In		0	0
Other		0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	(1)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Obligations of states, municipalities and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		5,831	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		5,831	5,926
Obligations of states, municipalities and political subdivisions | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		0	0
Obligations of states, municipalities and political subdivisions | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		4,987	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		821	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		844	805
Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		106,082	104,692
Corporate debt | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		106,082	104,692
Corporate debt | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		0	0
Corporate debt | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		104,725	102,724
Corporate debt | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		1,471	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		1,357	1,968
RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		14,277	11,944
RMBS | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		14,277	11,944
RMBS | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		0	0
RMBS | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		8,423	6,274
RMBS | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		3,315	3,725
RMBS | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		5,854	5,670
CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		9,981	10,068
CMBS | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		9,981	10,068
CMBS | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		0	0
CMBS | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		9,373	9,350
CMBS | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		565	663
CMBS | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		608	718
CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		11,144	8,186
CLO | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		11,144	8,186
CLO | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		0	0
CLO | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		9,301	6,516
CLO | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		1,843	1,670
ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		13,935	10,387
ABS | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		13,935	10,387
ABS | Level 1 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		0	0
ABS | Level 2 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		1,029	792
ABS | Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Bonds available-for-sale		12,906	9,595
Bonds Available For Sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		20,426	22,407
Net Realized and Unrealized Gains (Losses) Included in Income		472	449
Other Comprehensive Income (Loss)		424	(3,423)
Purchases, Sales, Issuances and Settlements, Net		1,886	2,128
Gross Transfers In		1,461	2,526
Gross Transfers Out		(1,504)	(2,960)
Other(d)		(247)	(701)
Fair Value End of Period		23,412	20,426
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		129	(2,565)
Bonds Available For Sale | Obligations of states, municipalities and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		805	1,395
Net Realized and Unrealized Gains (Losses) Included in Income		(2)	1
Other Comprehensive Income (Loss)		66	(525)
Purchases, Sales, Issuances and Settlements, Net		(15)	(95)
Gross Transfers In		0	40
Gross Transfers Out		(10)	(11)
Other(d)		0	0
Fair Value End of Period		844	805
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		35	(221)
Bonds Available For Sale | Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,968	1,907
Net Realized and Unrealized Gains (Losses) Included in Income		(96)	17
Other Comprehensive Income (Loss)		13	(192)
Purchases, Sales, Issuances and Settlements, Net		(58)	(159)
Gross Transfers In		583	911
Gross Transfers Out		(1,037)	(516)
Other(d)		16	0
Fair Value End of Period		1,357	1,968
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(19)	(174)
Bonds Available For Sale | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		5,670	7,595
Net Realized and Unrealized Gains (Losses) Included in Income		316	322
Other Comprehensive Income (Loss)		22	(986)
Purchases, Sales, Issuances and Settlements, Net		(103)	(834)
Gross Transfers In		33	7
Gross Transfers Out		(84)	(434)
Other(d)		0	0
Fair Value End of Period		5,854	5,670
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(45)	(610)
Bonds Available For Sale | CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		718	1,072
Net Realized and Unrealized Gains (Losses) Included in Income		9	9
Other Comprehensive Income (Loss)		(53)	(140)
Purchases, Sales, Issuances and Settlements, Net		(53)	38
Gross Transfers In		179	45
Gross Transfers Out		(192)	(306)
Other(d)		0	0
Fair Value End of Period		608	718
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(83)	(115)
Bonds Available For Sale | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,670	3,038
Net Realized and Unrealized Gains (Losses) Included in Income		(18)	(31)
Other Comprehensive Income (Loss)		53	(163)
Purchases, Sales, Issuances and Settlements, Net		(29)	(105)
Gross Transfers In		76	1,305
Gross Transfers Out		(172)	(1,673)
Other(d)		(263)	(701)
Fair Value End of Period		1,843	1,670
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		(19)	(76)
Bonds Available For Sale | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		9,595	7,400
Net Realized and Unrealized Gains (Losses) Included in Income		263	131
Other Comprehensive Income (Loss)		323	(1,417)
Purchases, Sales, Issuances and Settlements, Net		2,144	3,283
Gross Transfers In		590	218
Gross Transfers Out		(9)	(20)
Other(d)		0	0
Fair Value End of Period		12,906	9,595
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		260	(1,369)
Other Bond Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,304	627
Net Realized and Unrealized Gains (Losses) Included in Income		52	(149)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		101	704
Gross Transfers In		39	405
Gross Transfers Out		(271)	(283)
Other(d)		(98)	0
Fair Value End of Period		1,323	1,304
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(26)	(165)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | Obligations of states, municipalities and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		0	0
Net Realized and Unrealized Gains (Losses) Included in Income		0	0
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		1	0
Gross Transfers In		0	0
Gross Transfers Out		0	0
Other(d)		0	0
Fair Value End of Period		1	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		417	134
Net Realized and Unrealized Gains (Losses) Included in Income		(15)	(5)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		(43)	158
Gross Transfers In		0	335
Gross Transfers Out		(192)	(205)
Other(d)		0	0
Fair Value End of Period		167	417
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(16)	(2)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		107	106
Net Realized and Unrealized Gains (Losses) Included in Income		6	(23)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		(6)	24
Gross Transfers In		0	0
Gross Transfers Out		0	0
Other(d)		0	0
Fair Value End of Period		107	107
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		2	(22)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		28	33
Net Realized and Unrealized Gains (Losses) Included in Income		(5)	(5)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		(6)	0
Gross Transfers In		0	0
Gross Transfers Out		0	0
Other(d)		0	0
Fair Value End of Period		17	28
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	(4)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		11	149
Net Realized and Unrealized Gains (Losses) Included in Income		17	1
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		(52)	(131)
Gross Transfers In		39	70
Gross Transfers Out		(44)	(78)
Other(d)		(98)	0
Fair Value End of Period		69	11
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		6	(5)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Bond Securities | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		741	205
Net Realized and Unrealized Gains (Losses) Included in Income		49	(117)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		207	653
Gross Transfers In		0	0
Gross Transfers Out		(35)	0
Other(d)		0	0
Fair Value End of Period		962	741
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(18)	(132)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Equity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		26	2
Net Realized and Unrealized Gains (Losses) Included in Income		0	(1)
Other Comprehensive Income (Loss)		0	0
Purchases, Sales, Issuances and Settlements, Net		23	23
Gross Transfers In		1	2
Gross Transfers Out		(7)	0
Other(d)		1	0
Fair Value End of Period		42	26
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	(1)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0
Other Invested Assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period		1,832	1,892
Net Realized and Unrealized Gains (Losses) Included in Income		(153)	313
Other Comprehensive Income (Loss)		11	(22)
Purchases, Sales, Issuances and Settlements, Net		126	(195)
Gross Transfers In		34	24
Gross Transfers Out		0	(180)
Other(d)		0	0
Fair Value End of Period		1,850	1,832
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		(150)	329
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		$ 0	$ 0
[1] See Note 9

Fair Value Measurements - Cha_2

Fair Value Measurements - Changes in level 3 recurring fair value measurements, liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	$ 8,904	$ 6,051	$ 13,081
Net Realized and Unrealized (Gains) Losses Included in Income	2,661	(7,023)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(339)	(7)
Fair Value End of Period	8,904	6,051
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(921)	7,864
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Gross Transfers Out		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(1,782)	(3,423)
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	(1,504)	(2,960)
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	(10)	(11)
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	(1,037)	(516)
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	(84)	(434)
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	(192)	(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	(172)	(1,673)
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	(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	(271)	(283)
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
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	(192)	(205)
Other Bond Securities | RMBS
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0	0
Other Bond Securities | CMBS
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	0	0
Other Bond Securities | CLO
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(44)	(78)
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	(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	(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	(180)
Policyholder contract deposits
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	7,942	5,367	5,572
Net Realized and Unrealized (Gains) Losses Included in Income	1,464	(1,107)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	1,111	902
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	7,942	5,367
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(733)	1,363
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Derivative liabilities, net
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net Realized and Unrealized (Gains) Losses Included in Income	(538)	432
Purchases, Sales, Issuances and Settlements, Net	(629)	(546)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(584)	(470)
Net Realized and Unrealized (Gains) Losses Included in Income	(538)	432
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(629)	(546)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	531	0
Fair Value End of Period	(1,220)	(584)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	533	(187)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Interest rate contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(303)	0
Net Realized and Unrealized (Gains) Losses Included in Income	(88)	1
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(157)	(304)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	99	0
Fair Value End of Period	(449)	(303)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	33	(1)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Foreign exchange contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	0	0
Net Realized and Unrealized (Gains) Losses Included in Income	0	(1)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	0	1
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Equity contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(267)	(457)
Net Realized and Unrealized (Gains) Losses Included in Income	(389)	494
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(537)	(304)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	432	0
Fair Value End of Period	(761)	(267)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	438	(249)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Credit contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	0	(1)
Net Realized and Unrealized (Gains) Losses Included in Income	0	1
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	0	0
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	0	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Other contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(14)	(12)
Net Realized and Unrealized (Gains) Losses Included in Income	(61)	(63)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	65	61
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	(10)	(14)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	62	63
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Fortitude Re funds withheld payable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	2,182	1,262	7,974
Net Realized and Unrealized (Gains) Losses Included in Income	1,734	(6,348)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(814)	(364)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	2,182	1,262
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(721)	6,689
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0
Market Risk Benefit Liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net Realized and Unrealized (Gains) Losses Included in Income	(1,128)	(2,344)
Debt of consolidated investment entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	0	6	$ 5
Net Realized and Unrealized (Gains) Losses Included in Income	1	0
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(7)	1
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	0	6
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	(1)
Changes in Unrealized Gain (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	$ 0	$ 0

Fair Value Measurements - Net r

Fair Value Measurements - Net realized and unrealized gains and losses included in income related to Level 3 assets and liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ 371	$ 612
Net realized gains (losses), liabilities	(2,661)	7,023
Policyholder contract deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(1,464)	1,107
Policyholder contract deposits | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Policyholder contract deposits | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Policyholder contract deposits | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(1,464)	1,107
Policyholder contract deposits | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Policyholder contract deposits | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Derivative liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	538	(432)
Derivative liabilities, net | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	62	61
Derivative liabilities, net | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Derivative liabilities, net | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	517	(577)
Derivative liabilities, net | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Derivative liabilities, net | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(41)	84
Fortitude Re funds withheld payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(1,734)	6,348
Fortitude Re funds withheld payable | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Fortitude Re funds withheld payable | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Fortitude Re funds withheld payable | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(1,734)	6,348
Fortitude Re funds withheld payable | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Fortitude Re funds withheld payable | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Debt of consolidated investment entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(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
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	(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
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	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
Market Risk Benefit Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	1,128	2,344
Market Risk Benefit Liabilities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Market Risk Benefit Liabilities | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Market Risk Benefit Liabilities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	3	0
Market Risk Benefit Liabilities | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Market Risk Benefit Liabilities | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	1,125	2,344
Bonds Available For Sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	472	449
Bonds Available For Sale | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Bonds Available For Sale | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	491	516
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	(19)	(67)
Bonds Available For Sale | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Bonds Available For Sale | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Bond Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	52	(149)
Other Bond Securities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Bond Securities | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	52	(149)
Other Bond Securities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Bond Securities | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Bond Securities | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	(1)
Equity securities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	(1)
Equity securities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Equity securities | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Invested Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(153)	313
Other Invested Assets | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Invested Assets | Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(150)	321
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)	(8)
Other Invested Assets | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0
Other Invested Assets | Change in the fair value of market risk benefits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ 0	$ 0

Fair Value Measurements - Gross

Fair Value Measurements - Gross components of purchases, sales, issuances and settlements (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	$ 4,425	$ 5,636
Sales	(158)	(261)
Issuances and Settlements	(2,131)	(2,715)
Purchases, Sales, Issuances and Settlements, Net	2,136	2,660
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	(127)	(421)
Sales	1,428	923
Issuances and Settlements	(1,640)	(509)
Purchases, Sales, Issuances and Settlements, Net	(339)	(7)
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	23	(92)
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.	$ (10)	$ (142)
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
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	$ 0	$ 0
Sales	1,428	923
Issuances and Settlements	(317)	(21)
Purchases, Sales, Issuances and Settlements, Net	1,111	902
Derivative liabilities, net
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	(127)	(421)
Sales	0	0
Issuances and Settlements	(502)	(125)
Purchases, Sales, Issuances and Settlements, Net	(629)	(546)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	533	(187)
Fortitude Re funds withheld payable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0
Sales	0	0
Issuances and Settlements	(814)	(364)
Purchases, Sales, Issuances and Settlements, Net	(814)	(364)
Debt of consolidated investment entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0
Sales	0	0
Issuances and Settlements	(7)	1
Purchases, Sales, Issuances and Settlements, Net	(7)	1
Bonds Available For Sale
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	3,687	4,204
Sales	(133)	(135)
Issuances and Settlements	(1,668)	(1,941)
Purchases, Sales, Issuances and Settlements, Net	1,886	2,128
Bonds Available For Sale | Obligations of states, municipalities and political subdivisions
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0
Sales	(12)	(60)
Issuances and Settlements	(3)	(35)
Purchases, Sales, Issuances and Settlements, Net	(15)	(95)
Bonds Available For Sale | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	223	85
Sales	(30)	(39)
Issuances and Settlements	(251)	(205)
Purchases, Sales, Issuances and Settlements, Net	(58)	(159)
Bonds Available For Sale | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	706	377
Sales	(42)	0
Issuances and Settlements	(767)	(1,211)
Purchases, Sales, Issuances and Settlements, Net	(103)	(834)
Bonds Available For Sale | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	9	118
Sales	(27)	(9)
Issuances and Settlements	(35)	(71)
Purchases, Sales, Issuances and Settlements, Net	(53)	38
Bonds Available For Sale | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	226	514
Sales	(18)	(27)
Issuances and Settlements	(237)	(592)
Purchases, Sales, Issuances and Settlements, Net	(29)	(105)
Bonds Available For Sale | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	2,523	3,110
Sales	(4)	0
Issuances and Settlements	(375)	173
Purchases, Sales, Issuances and Settlements, Net	2,144	3,283
Other Bond Securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	451	758
Sales	(25)	(126)
Issuances and Settlements	(325)	72
Purchases, Sales, Issuances and Settlements, Net	101	704
Other Bond Securities | Obligations of states, municipalities and political subdivisions
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	3	0
Sales	(2)	0
Issuances and Settlements	0	0
Purchases, Sales, Issuances and Settlements, Net	1	0
Other Bond Securities | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	185	29
Sales	0	(3)
Issuances and Settlements	(228)	132
Purchases, Sales, Issuances and Settlements, Net	(43)	158
Other Bond Securities | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	6	38
Sales	0	0
Issuances and Settlements	(12)	(14)
Purchases, Sales, Issuances and Settlements, Net	(6)	24
Other Bond Securities | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0
Sales	(6)	0
Issuances and Settlements	0	0
Purchases, Sales, Issuances and Settlements, Net	(6)	0
Other Bond Securities | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	1	16
Sales	(9)	(123)
Issuances and Settlements	(44)	(24)
Purchases, Sales, Issuances and Settlements, Net	(52)	(131)
Other Bond Securities | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	256	675
Sales	(8)	0
Issuances and Settlements	(41)	(22)
Purchases, Sales, Issuances and Settlements, Net	207	653
Equity securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	25	22
Sales	0	0
Issuances and Settlements	(2)	1
Purchases, Sales, Issuances and Settlements, Net	23	23
Other Invested Assets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	262	652
Sales	0	0
Issuances and Settlements	(136)	(847)
Purchases, Sales, Issuances and Settlements, Net	$ 126	$ (195)

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information about Level 3 Fair Value Measurements (Details) $ in Millions		Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jan. 01, 2021 USD ($)	Dec. 31, 2020 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale	[1]	$ 166,527	$ 156,793
Embedded derivatives within Policyholder contract deposits		10,200	6,700
Policyholder contract deposits		162,050	156,058	$ 151,545	$ 148,421	$ 148,421
Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		1,500	1,100
Obligations of states, municipalities and political subdivisions
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 5,831	$ 5,926
Obligations of states, municipalities and political subdivisions | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0497	0.0533
Obligations of states, municipalities and political subdivisions | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0531	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		0.0514	0.0563
Obligations of states, municipalities and political subdivisions | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 821	$ 780
Corporate debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 106,082	$ 104,692
Corporate debt | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0526	0.0490
Corporate debt | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0816	0.0954
Corporate debt | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0671	0.0722
Corporate debt | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 1,471	$ 1,988
RMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 14,277	$ 11,944
RMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0611	0.0595
RMBS | Minimum | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0431	0.0484
RMBS | Minimum | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0073	0.0079
RMBS | Minimum | Loss Severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.3064	0.4501
RMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0740	0.0772
RMBS | Maximum | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0986	0.1035
RMBS | Maximum | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0252	0.0267
RMBS | Maximum | Loss Severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.9103	0.7728
RMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0675	0.0684
RMBS | Weighted-average | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0709	0.0760
RMBS | Weighted-average | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0163	0.0173
RMBS | Weighted-average | Loss Severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.6083	0.6114
RMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 3,315	$ 3,725
CLO | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0606	0.0713
CLO | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0781	0.0759
CLO | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0693	0.0736
CLO | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 1,697	$ 1,547
ABS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0563	0.0601
ABS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0782	0.0796
ABS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0673	0.0698
ABS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 11,367	$ 6,591
CMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 9,981	$ 10,068
CMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0549	0.0472
CMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.1784	0.1021
CMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.1166	0.0746
CMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 565	$ 663
Market risk benefit assets | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0625	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	0
Market risk benefit assets | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.4975	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		0.0229	0.0203
Market risk benefit assets | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 912	$ 796
GMWB only | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0625	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	0
GMWB only | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4975	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		0.0229	0.0203
GMWB only | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 2,174	$ 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	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		0.0229	0.0203
Fixed annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,111	$ 680
Fixed index annuities guaranteed benefits | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0625	0.0645
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	0.0020
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	0.2000
Fixed index annuities guaranteed benefits | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2400	0.2400
Fixed index annuities guaranteed benefits | Minimum | Utilization(h)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.6000	0.6000
Fixed index annuities guaranteed benefits | Minimum | Option Budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	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	0
Fixed index annuities guaranteed benefits | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4975	0.5075
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	0.5000
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	1.8618
Fixed index annuities guaranteed benefits | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.4600	1.8000
Fixed index 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 index annuities guaranteed benefits | Maximum | Option Budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0600	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		0.0229	0.0203
Fixed index annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 2,420	$ 1,698
Index credits on fixed index annuities(i)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Policyholder contract deposits		$ 1,500	$ 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		0.0625	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	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		0.4975	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		0.0229	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		$ 6,953	$ 4,657
Index universal life | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0585	0.0575
Index universal life | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index universal life | Minimum | Mortality rates
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index universal life | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index universal life | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2036	0.2363
Index universal life | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.3797	0.3797
Index universal life | Maximum | Mortality rates
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1	1
Index universal life | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0229	0.0203
Index universal life | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 989	$ 710
[1] See Note 9

Fair Value Measurements - Inves

Fair Value Measurements - Investments in certain other invested assets (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	$ 7,690	$ 8,014
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	5,840	6,047
Unfunded Commitments	2,770	2,788
Private equity funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	5,541	5,163
Unfunded Commitments	2,770	2,788
Leveraged buyout
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	2,445	2,014
Unfunded Commitments	1,755	1,719
Real estate
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	1,074	1,082
Unfunded Commitments	540	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	91	118
Growth equity
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	485	510
Unfunded Commitments	109	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	1,182	902
Unfunded Commitments	233	284
Hedge funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	299	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	161	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	69	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	65	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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 458	$ (197)	$ 937
Total liabilities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	3	20	(172)
Policyholder contract deposits
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	3	20	7
Debt of consolidated investment entities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	0	0	(179)
Total assets
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	455	(217)	1,109
Other bond securities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	340	(408)	26
Alternative investments
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 115	$ 191	$ 1,083

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		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments	[1]	$ 10,257	$ 10,418
Impairment Charges		69	25	$ 32
Non-Recurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets		0	0
Other investments		80	12
Total		80	12
Impairment Charges		13	25	7
Non-Recurring Basis | Other investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment Charges		13	25	6
Non-Recurring Basis | Other Invested Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment Charges		0	0	$ 1
Non-Recurring Basis | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets		0	0
Other investments		0	0
Total		0	0
Non-Recurring Basis | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets		0	0
Other investments		0	0
Total		0	0
Non-Recurring Basis | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets		0	0
Other investments		80	12
Total		$ 80	$ 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		Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021	Jan. 01, 2021
Assets:
Mortgage and other loans receivable	[1]	$ 46,867		$ 44,566
Other investments	[1]	10,257		10,418
Short-term investments	[1]	4,336		4,400
Cash		612	[1]	552	[1]	$ 537
Other assets		2,294	[1]	2,521	[1]		$ 3,824
Liabilities:
Short-term debt		250		1,500
Consolidated VIE
Assets:
Mortgage and other loans receivable		1,941		2,088
Short-term investments		130		456
Cash		61		71
Other assets		95		170
Liabilities:
Other liabilities		83		132
Long-term debt		2,266		5,958
Estimated Fair Value
Assets:
Mortgage and other loans receivable		43,949		40,967
Other investments		268		222
Short-term investments		2,928		3,043
Cash		612		552
Other assets		13		12
Liabilities:
Policyholder contract deposits associated with investment-type contracts		130,184		129,293
Fortitude Re funds withheld payable		23,775		25,289
Other liabilities		2,467		3,056
Short-term debt		250		1,500
Long-term debt		8,722		7,172
Separate account liabilities - investment contracts		87,215		80,649
Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		2,273		5,543
Carrying Value
Assets:
Mortgage and other loans receivable		46,867		44,403
Other investments		268		222
Short-term investments		2,928		3,043
Cash		612		552
Other assets		13		12
Liabilities:
Policyholder contract deposits associated with investment-type contracts		140,652		137,086
Fortitude Re funds withheld payable		23,775		25,289
Other liabilities		2,467		3,056
Short-term debt		250		1,500
Long-term debt		9,118		7,868
Separate account liabilities - investment contracts		87,215		80,649
Carrying Value | Disposal Group, Held-for-Sale, Not Discontinued Operations
Assets:
Short-term investments		11
Cash		3
Carrying Value | Consolidated VIE
Liabilities:
Long-term debt		2,504		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		612		552
Other assets		13		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		30		31
Other investments		268		222
Short-term investments		2,928		3,043
Cash		0		0
Other assets		0		8
Liabilities:
Policyholder contract deposits associated with investment-type contracts		90		119
Fortitude Re funds withheld payable		0		0
Other liabilities		2,467		3,056
Short-term debt		250		1,500
Long-term debt		8,722		7,172
Separate account liabilities - investment contracts		87,215		80,649
Level 2 | Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		43		3,055
Level 3 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		43,919		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		130,094		129,174
Fortitude Re funds withheld payable		23,775		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		$ 2,230		$ 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		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		$ 184,946	$ 181,274
Allowance for Credit Losses		(128)	(148)	$ (78)	$ (131)
Gross Unrealized Gains		2,186	1,424
Gross Unrealized Losses		(20,477)	(25,757)
Bonds available-for-sale	[1]	166,527	156,793
U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		1,436	1,405
Allowance for Credit Losses		0	0
Gross Unrealized Gains		17	17
Gross Unrealized Losses		(233)	(224)
Bonds available-for-sale		1,220	1,198
Obligations of states, municipalities and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		6,466	6,808
Allowance for Credit Losses		0	0
Gross Unrealized Gains		58	42
Gross Unrealized Losses		(693)	(924)
Bonds available-for-sale		5,831	5,926
Non-U.S. governments
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		4,695	5,251
Allowance for Credit Losses		(2)	(5)
Gross Unrealized Gains		43	25
Gross Unrealized Losses		(679)	(879)
Bonds available-for-sale		4,057	4,392
Corporate debt
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		120,654	124,068
Allowance for Credit Losses		(71)	(116)
Gross Unrealized Gains		1,294	729
Gross Unrealized Losses		(15,795)	(19,989)
Bonds available-for-sale		106,082	104,692
Mortgage-backed, asset-backed and collateralized
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		51,695	43,742
Allowance for Credit Losses		(55)	(27)
Gross Unrealized Gains		774	611
Gross Unrealized Losses		(3,077)	(3,741)
Bonds available-for-sale		49,337	40,585
RMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		14,491	12,267
Allowance for Credit Losses		(25)	(27)
Gross Unrealized Gains		599	574
Gross Unrealized Losses		(788)	(870)
Bonds available-for-sale		14,277	11,944
RMBS | Total derivatives with related parties
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		45	43
Bonds available-for-sale		43	39
CMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		11,045	11,176
Allowance for Credit Losses		(30)	0
Gross Unrealized Gains		22	7
Gross Unrealized Losses		(1,056)	(1,115)
Bonds available-for-sale		9,981	10,068
CLO
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		11,203	8,547
Allowance for Credit Losses		0	0
Gross Unrealized Gains		90	15
Gross Unrealized Losses		(149)	(376)
Bonds available-for-sale		11,144	8,186
ABS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		14,956	11,752
Allowance for Credit Losses		0	0
Gross Unrealized Gains		63	15
Gross Unrealized Losses		(1,084)	(1,380)
Bonds available-for-sale		$ 13,935	$ 10,387
[1] See Note 9

Investments - Securities availa

Investments - Securities available for sale in a loss position (Details) $ in Millions	Dec. 31, 2023 USD ($) security	Dec. 31, 2022 USD ($) security
Fair Value
Less Than 12 Months	$ 23,061	$ 119,440
12 Months or More	105,834	18,032
Total	128,895	137,472
Gross Unrealized Losses
Less Than 12 Months	2,458	21,420
12 Months or More	17,940	4,227
Total	$ 20,398	$ 25,647
Number of securities in an unrealized loss position | security	15,034	16,516
Number of individual securities in continuous unrealized loss position for longer than twelve months | security	12,787	1,923
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	$ 22	$ 761
12 Months or More	746	0
Total	768	761
Gross Unrealized Losses
Less Than 12 Months	3	224
12 Months or More	230	0
Total	233	224
Obligations of states, municipalities and political subdivisions
Fair Value
Less Than 12 Months	1,124	5,076
12 Months or More	3,676	0
Total	4,800	5,076
Gross Unrealized Losses
Less Than 12 Months	110	924
12 Months or More	583	0
Total	693	924
Non-U.S. governments
Fair Value
Less Than 12 Months	470	3,932
12 Months or More	2,981	0
Total	3,451	3,932
Gross Unrealized Losses
Less Than 12 Months	82	868
12 Months or More	592	0
Total	674	868
Corporate debt
Fair Value
Less Than 12 Months	11,338	82,971
12 Months or More	75,045	11,143
Total	86,383	94,114
Gross Unrealized Losses
Less Than 12 Months	1,760	16,866
12 Months or More	14,009	3,070
Total	15,769	19,936
RMBS
Fair Value
Less Than 12 Months	2,676	6,227
12 Months or More	4,855	903
Total	7,531	7,130
Gross Unrealized Losses
Less Than 12 Months	174	653
12 Months or More	577	171
Total	751	824
CMBS
Fair Value
Less Than 12 Months	1,840	7,902
12 Months or More	6,570	1,708
Total	8,410	9,610
Gross Unrealized Losses
Less Than 12 Months	159	797
12 Months or More	886	318
Total	1,045	1,115
CLO
Fair Value
Less Than 12 Months	2,992	5,573
12 Months or More	3,823	2,007
Total	6,815	7,580
Gross Unrealized Losses
Less Than 12 Months	60	234
12 Months or More	89	142
Total	149	376
ABS
Fair Value
Less Than 12 Months	2,599	6,998
12 Months or More	8,138	2,271
Total	10,737	9,269
Gross Unrealized Losses
Less Than 12 Months	110	854
12 Months or More	974	526
Total	$ 1,084	$ 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		Dec. 31, 2023	Dec. 31, 2022
Amortized Cost, Net of Allowance
Due in one year or less		$ 2,618
Due after one year through five years		22,387
Due after five years through ten years		24,395
Due after ten years		83,778
Mortgage-backed, asset-backed and collateralized		51,640
Total		184,818
Fair Value
Due in one year or less		2,585
Due after one year through five years		21,863
Due after five years through ten years		22,630
Due after ten years		70,112
Mortgage-backed, asset-backed and collateralized		49,337
Total	[1]	$ 166,527	$ 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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fixed maturity securities
Gross Realized Gains	$ 100	$ 120	$ 894
Gross Realized Losses	(451)	(677)	(144)
Net Investment Income [Line Items]
Aggregate fair value of available for sale securities sold	7,600	10,000	11,400
Net realized gains (losses)	(351)	(557)	750
Fortitude RE Funds Withheld Assets
Net Investment Income [Line Items]
Net realized gains (losses)	$ (73)	$ (232)	$ 647

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		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities	[1]	$ 4,578	$ 3,769
Equity securities	[1]	63	170
Total
Debt and Equity Securities, FV-NI [Line Items]
Total		$ 4,641	$ 3,939
Total | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		100%	100%
Fixed maturity securities
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 4,578	$ 3,769
Fixed maturity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		99%	96%
Fixed maturity securities | Obligations of states, municipalities and political subdivisions
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 40	$ 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 (as a percent)		1%	1%
Fixed maturity securities | Non-U.S. governments
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 13	$ 22
Fixed maturity securities | Non-U.S. governments | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		0%	1%
Fixed maturity securities | Corporate debt
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 2,653	$ 2,222
Fixed maturity securities | Corporate debt | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		57%	56%
Fixed maturity securities | Mortgage-backed, asset-backed and collateralized
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 1,872	$ 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 (as a percent)		41%	38%
Fixed maturity securities | RMBS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 170	$ 165
Fixed maturity securities | RMBS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		4%	4%
Fixed maturity securities | CMBS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 228	$ 232
Fixed maturity securities | CMBS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		5%	6%
Fixed maturity securities | CLO
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 423	$ 279
Fixed maturity securities | CLO | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		9%	7%
Fixed maturity securities | ABS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 1,051	$ 812
Fixed maturity securities | ABS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		23%	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 (as a percent)		0%	0%
Equity securities
Debt and Equity Securities, FV-NI [Line Items]
Equity securities		$ 63	$ 170
Equity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		1%	4%
[1] See Note 9

Investments - Carrying amounts

Investments - Carrying amounts of other invested assets (Details) - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022
Investments [Line Items]
Alternative investments		$ 7,690	$ 8,014
Investment real estate		1,932	1,831
All other investments		635	573
Total	[1]	10,257	10,418
Accumulated depreciation on investment in real estate		680	616
Total derivatives with related parties
Investments [Line Items]
Total		0.6	6
Fortitude
Investments [Line Items]
All other investments		156	156
Hedge Funds
Investments [Line Items]
Total		299	884
Private equity funds
Investments [Line Items]
Alternative investments		5,541	5,163
Total		$ 7,400	$ 7,100
[1] See Note 9

Investments - other invested as

Investments - other invested assets – equity method investments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Investments [Line Items]
Total revenues	$ 18,878	$ 24,697	$ 23,257
Net income	1,104	8,159	8,243
Total VIE Assets	379,270	360,322		$ 422,435
Total liabilities	(366,635)	(350,003)		$ (383,760)
Equity Method Investee
Investments [Line Items]
Total revenues	2,319	6,316	9,425
Total expenses	(521)	(579)	(674)
Net income	1,798	5,737	$ 8,751
Total VIE Assets	33,168	39,181
Total liabilities	$ (1,672)	$ (3,551)

Investments - Equity method inv

Investments - Equity method investments (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Carrying amount of equity method investments	$ 2,900	$ 3,200

Investments - Components of net

Investments - Components of net investment income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net Investment Income [Line Items]
Total investment income	$ 11,657	$ 10,056	$ 12,020
Investment expenses	579	480	348
Net investment income	11,078	9,576	11,672
Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	10,260	9,134	10,213
Investment expenses	550	449	316
Net investment income	9,710	8,685	9,897
Fortitude
Net Investment Income [Line Items]
Total investment income	1,397	922	1,807
Investment expenses	29	31	32
Net investment income	1,368	891	1,775
Available-for-sale fixed maturity securities, including short-term investments
Net Investment Income [Line Items]
Total investment income	8,716	7,679	8,133
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	7,894	6,725	6,837
Available-for-sale fixed maturity securities, including short-term investments | Fortitude
Net Investment Income [Line Items]
Total investment income	822	954	1,296
Other bond securities
Net Investment Income [Line Items]
Total investment income	340	(408)	26
Other bond securities | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	49	(30)	17
Other bond securities | Fortitude
Net Investment Income [Line Items]
Total investment income	291	(378)	9
Equity securities
Net Investment Income [Line Items]
Total investment income	40	(82)	(290)
Equity securities | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	40	(82)	(290)
Equity securities | Fortitude
Net Investment Income [Line Items]
Total investment income	0	0	0
Interest on mortgage and other loans
Net Investment Income [Line Items]
Total investment income	2,359	1,879	1,663
Interest on mortgage and other loans | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	2,160	1,703	1,479
Interest on mortgage and other loans | Fortitude
Net Investment Income [Line Items]
Total investment income	199	176	184
Alternative investments
Net Investment Income [Line Items]
Total investment income	104	845	2,169
Alternative investments | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	18	675	1,851
Alternative investments | Fortitude
Net Investment Income [Line Items]
Total investment income	86	170	318
Real estate
Net Investment Income [Line Items]
Total investment income	38	43	204
Real estate | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	38	43	204
Real estate | Fortitude
Net Investment Income [Line Items]
Total investment income	0	0	0
Other investments
Net Investment Income [Line Items]
Total investment income	60	100	115
Other investments | Net investment income - excluding Fortitude Re funds withheld assets
Net Investment Income [Line Items]
Total investment income	61	100	115
Other investments | Fortitude
Net Investment Income [Line Items]
Total investment income	$ (1)	$ 0	$ 0

Investments - Components of n_2

Investments - Components of net realized gains (losses) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Components of net realized capital gains (losses)
Sales of fixed maturity securities	$ (351)	$ (557)	$ 750
Net realized gains (losses)	(3,572)	6,091	1,752
Fortitude
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,958)	5,950	237
Excluding Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,614)	141	1,515
Fortitude Re funds withheld embedded derivative
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,734)	6,347	(687)
Fortitude Re funds withheld embedded derivative | Fortitude
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,734)	6,347	(687)
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
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(351)	(557)	750
Change in allowance for credit losses on fixed maturity securities	(171)	(146)	11
Foreign exchange transactions, net of related hedges	(205)	756	330
Index-linked interest credited embedded derivatives, net of related hedges	(776)	(117)	(3)
All other derivatives and hedge accounting*	(119)	(224)	3
Sales of alternative investments and real estate investments	48	222	1,031
Other	(60)	(70)	176
Net realized gains (losses)	(1,838)	(256)	2,439
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	(204)	(120)	141
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Fortitude
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(73)	(232)	647
Change in allowance for credit losses on fixed maturity securities	(9)	(31)	3
Foreign exchange transactions, net of related hedges	(10)	61	20
Index-linked interest credited embedded derivatives, net of related hedges	0	0	0
All other derivatives and hedge accounting*	(66)	(181)	9
Sales of alternative investments and real estate investments	(2)	43	237
Other	2	(13)	0
Net realized gains (losses)	(224)	(397)	924
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	(66)	(44)	8
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	(278)	(325)	103
Change in allowance for credit losses on fixed maturity securities	(162)	(115)	8
Foreign exchange transactions, net of related hedges	(195)	695	310
Index-linked interest credited embedded derivatives, net of related hedges	(776)	(117)	(3)
All other derivatives and hedge accounting*	(53)	(43)	(6)
Sales of alternative investments and real estate investments	50	179	794
Other	(62)	(57)	176
Net realized gains (losses)	(1,614)	141	1,515
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	$ (138)	$ (76)	$ 133

Investments - Schedule of chang

Investments - Schedule of changes in unrealized appreciation (depreciation) of available for sale securities and other investments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	$ 5,990	$ (40,401)
Net gains (losses) recognized during the period on equity securities and other investments	281	271
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	58	(57)
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	223	328
Continuing Operations, Excluding Held-For-Sale
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	6,055
Fixed maturity securities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	6,042	(40,386)
Other investments
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	13	(15)
Equities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	41	(82)
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	57	(46)
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	(16)	(36)
Other Invested Assets
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	240	353
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	1	(11)
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	$ 239	$ 364

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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 148	$ 78	$ 131
Additions:
Securities for which allowance for credit losses were not previously recorded	143	175	49
Purchases of available-for-sale debt securities accounted for as purchased credit deteriorated assets	0	0	0
Accretion of available-for-sale debt securities accounted for as purchased credit deteriorated assets	0	0	0
Reductions:
Securities sold during the period	(32)	(51)	(23)
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	28	(29)	(60)
Write-offs charged against the allowance	(159)	(25)	(19)
Balance, end of period	128	148	78
Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	27	8	14
Additions:
Securities for which allowance for credit losses were not previously recorded	59	36	3
Purchases of available-for-sale debt securities accounted for as purchased credit deteriorated assets	0	0	0
Accretion of available-for-sale debt securities accounted for as purchased credit deteriorated assets	0	0	0
Reductions:
Securities sold during the period	(2)	(3)	(4)
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	(10)	(14)	(5)
Write-offs charged against the allowance	(19)	0	0
Balance, end of period	55	27	8
Non-Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	121	70	117
Additions:
Securities for which allowance for credit losses were not previously recorded	84	139	46
Purchases of available-for-sale debt securities accounted for as purchased credit deteriorated assets	0	0	0
Accretion of available-for-sale debt securities accounted for as purchased credit deteriorated assets	0	0	0
Reductions:
Securities sold during the period	(30)	(48)	(19)
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	38	(15)	(55)
Write-offs charged against the allowance	(140)	(25)	(19)
Balance, end of period	$ 73	$ 121	$ 70

Investments - Pledged investmen

Investments - Pledged investments (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Financial Instruments Owned and Pledged as Collateral [Line Items]
Amounts borrowed under repurchase and securities lending agreements	$ 2,500	$ 3,100
Securities pledged under repurchase agreements	2,655	2,968
Total carrying values of cash and securities deposited under requirements of regulatory authorities or other insurance-related arrangements	8,100	3,500
Loans	47,565	45,166
Policyholder contract deposits	162,050	156,058	$ 151,545	$ 148,421	$ 148,421
Less Than 12 Months	23,061	119,440
Guaranteed Investment Contract
Financial Instruments Owned and Pledged as Collateral [Line Items]
Policyholder contract deposits	53	56
Asset Pledged as Collateral | Federal Home Loan Bank Advances
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	4,800	4,800
Loans	3,000	1,800
Asset Pledged as Collateral | Deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	63	63
Asset Pledged as Collateral | Collateralized Reinsurance Transactions
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	490	144
Obligations of states, municipalities and political subdivisions
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	1,124	5,076
Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	470	3,932
Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	11,338	82,971
U.S. government and government sponsored entities
Financial Instruments Owned and Pledged as Collateral [Line Items]
Less Than 12 Months	22	761
Overnight and Continuous
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	38	0
Up to 30 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	2,617	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	2,655	2,968
Securities collateral pledged to us	2,655	2,968
Bonds Available For Sale | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	209	21
Bonds Available For Sale | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	2,446	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	38	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	209	21
Bonds Available For Sale | Up to 30 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	2,408	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		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 47,565	$ 45,166
Allowance for credit losses		(698)	(600)	$ (496)	$ (657)
Mortgage and other loans receivable, net	[1]	46,867	44,566
Off-balance-sheet commitments		58	60
Commercial Mortgages
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		34,172	32,993
Allowance for credit losses		$ (614)	$ (531)	(423)	$ (546)
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		$ 58	$ 60	$ 57
Loans on nonacrrual status		419	623
Accrued interest receivable		$ 162	$ 130
Commercial Mortgages | New York
Composition of Mortgages and other loans receivable
Weighted average loan-to-value ratio (as a percent)		61%	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		$ 8,445	$ 5,856
Loans on nonacrrual status		27	3
Accrued interest receivable		20	15
Life insurance policy loans
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		1,746	1,750
Commercial loans, other loans and notes receivable
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 3,202	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	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 47,565	$ 45,166
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2,447	6,278
2022	7,159	2,777
2021	3,275	1,932
2020	1,564	5,227
2019	4,969	4,682
Prior	14,758	12,097
Total	$ 34,172	$ 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	$ 0	$ 167
Commercial Mortgages | Fortitude RE | >90 days delinquent or in process of foreclosure(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Total		156
Less than 65% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2,088	5,270
2022	4,470	2,061
2021	2,249	1,515
2020	1,126	3,752
2019	2,676	2,666
Prior	10,186	9,205
Total	22,795	24,469
65% to 75% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	280	973
2022	1,748	435
2021	658	391
2020	287	1,425
2019	1,916	1,356
Prior	2,853	1,184
Total	7,742	5,764
76% to 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0	35
2022	343	43
2021	89	0
2020	0	0
2019	377	70
Prior	340	218
Total	1,149	366
Greater than 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	79	0
2022	598	238
2021	279	26
2020	151	50
2019	0	590
Prior	1,379	1,490
Total	2,486	2,394
Greater than 1.2X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2,156	5,382
2022	6,042	2,043
2021	1,955	1,521
2020	1,252	4,832
2019	4,813	3,505
Prior	11,675	9,948
Total	27,893	27,231
1.00 - 1.20X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	291	859
2022	1,077	734
2021	1,320	388
2020	312	343
2019	156	470
Prior	2,334	1,088
Total	5,490	3,882
Less than 1.00X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0	37
2022	40	0
2021	0	23
2020	0	52
2019	0	707
Prior	749	1,061
Total	$ 789	$ 1,880

Lending Activities - Credit q_2

Lending Activities - Credit quality performance indicators for commercial mortgages (Details) $ in Millions	Dec. 31, 2023 USD ($) loan	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 47,565	$ 45,166
Allowance for credit losses	$ 698	$ 600	$ 496	$ 657
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	601	611
Total	$ 34,172	$ 32,993
Allowance for credit losses	$ 614	$ 531	$ 423	$ 546
Percent of Total	100%	100%
Percentage of total, allowance for credit losses	2%	2%
Commercial Mortgages | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	600	599
Total	$ 34,154	$ 32,344
Percent of Total	100%	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	$ 18	$ 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	0	3
Total	$ 0	$ 167
Percent of Total	0%	1%
Commercial Mortgages | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 13,861	$ 13,226
Allowance for credit losses	85	89
Commercial Mortgages | Apartments | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	13,861	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	8,486	8,966
Allowance for credit losses	340	294
Commercial Mortgages | Offices | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	8,468	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	18	0
Commercial Mortgages | Offices | >90 days delinquent or in process of foreclosure(a)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0	167
Commercial Mortgages | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,787	3,286
Allowance for credit losses	74	54
Commercial Mortgages | Retail | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,787	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	5,908	5,417
Allowance for credit losses	83	65
Commercial Mortgages | Industrial | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	5,908	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	1,805	1,808
Allowance for credit losses	27	23
Commercial Mortgages | Hotel | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,805	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	325	290
Allowance for credit losses	5	6
Commercial Mortgages | Others | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	325	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	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 47,565	$ 45,166
Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	1,950	995
2022	1,412	2,935
2021	2,964	849
2020	837	322
2019	388	119
Prior	894	636
Total	8,445	5,856
780 and greater | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	514	294
2022	528	2,141
2021	2,280	652
2020	619	229
2019	239	76
Prior	497	437
Total	4,677	3,829
720 - 779 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	1,121	536
2022	608	711
2021	558	167
2020	168	75
2019	99	32
Prior	209	134
Total	2,763	1,655
660 - 719 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	313	163
2022	256	79
2021	113	28
2020	40	16
2019	37	9
Prior	120	47
Total	879	342
600 - 659 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2	2
2022	20	4
2021	11	2
2020	8	1
2019	9	2
Prior	51	13
Total	101	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	17	5
Total	$ 25	$ 6

Lending Activities - Rollforwar

Lending Activities - Rollforward of the changes in the allowance for credit losses on Mortgage and other loans receivable (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Loans modified in a troubled debt restructuring		$ 143
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	$ 600	496	$ 657
Loans charged off	(106)	(13)	(1)
Net charge-offs	(106)	(13)	(1)
Addition to (release of) allowance for loan losses	204	117	(141)
Divestitures	0	0	(19)
Allowance, end of period	698	600	496
Off-balance-sheet commitments	58	60
Commercial Mortgages
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	531	423	546
Loans charged off	(106)	(13)	(1)
Net charge-offs	(106)	(13)	(1)
Addition to (release of) allowance for loan losses	189	121	(122)
Divestitures	0	0	0
Allowance, end of period	614	531	423
Off-balance-sheet commitments	58	60	57
Other Loans
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	69	73	111
Loans charged off	0	0	0
Net charge-offs	0	0	0
Addition to (release of) allowance for loan losses	15	(4)	(19)
Divestitures	0	0	(19)
Allowance, end of period	$ 84	$ 69	$ 73

Lending Activities - Loan Modif

Lending Activities - Loan Modification (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) portfolioSegment
Composition of Mortgages and other loans receivable
Number of portfolio segments | portfolioSegment	2
Commercial Mortgage Loans | Extended Maturity
Composition of Mortgages and other loans receivable
Amortized cost of commercial mortgage loans	$ 66
Commercial Mortgage Loans | Extended Maturity | Fortitude RE
Composition of Mortgages and other loans receivable
Amortized cost of commercial mortgage loans	54
Commercial loans, other loans and notes receivable | Extended Maturity
Composition of Mortgages and other loans receivable
Amortized cost of commercial mortgage loans	$ 168

Reinsurance - Schedule of reins

Reinsurance - Schedule of reinsurance assets and liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Assets:
Reinsurance assets, net of allowance for credit losses and disputes	$ 1,620	$ 2,517		$ 3,140	$ 3,155
Total Assets	28,392	29,361
Liabilities:
Future policy benefits for life and accident and health insurance contracts	57,108	50,518	$ 64,270	65,182
Policyholder contract deposits	162,050	156,058	151,545	148,421	$ 148,421
Other policyholder funds	2,862	2,885	$ 2,879	2,740
Total Liabilities	222,020	209,461
Fortitude RE
Assets:
Reinsurance assets, net of allowance for credit losses and disputes	$ 26,772	$ 26,844		$ 36,824

Reinsurance - Schedule of premi

Reinsurance - Schedule of premiums written and earned (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Policy Fees
Net Amount	$ 7,691	$ 5,091	$ 5,653
Long-Duration Insurance
Premiums
Direct	4,706	4,739	4,603
Assumed	4,111	1,318	2,265
Ceded	(1,126)	(966)	(1,215)
Net	7,691	5,091	5,653
Policy Fees
Direct	2,873	2,992	3,090
Assumed	0	0	0
Ceded	(76)	(78)	(85)
Net Amount	$ 2,797	$ 2,914	$ 3,005

Reinsurance - Rollforward of th

Reinsurance - Rollforward of the reinsurable allowance for credit losses before adoption (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance	$ 30	$ 84	$ 101		$ 83
Reinsurance assets, net of allowance for credit losses and disputes	(1,620)	(2,517)		$ (3,140)	(3,155)
Fortitude RE
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					36,824
Reinsurance assets, net of allowance for credit losses and disputes	$ (26,772)	(26,844)		(36,824)
As Previously Reported
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes		(2,980)		(2,707)	(2,722)
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 | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(416)
Reclassification to Market risk benefits | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					35
Change in cash flow assumptions and effect of net premiums exceeding gross premiums | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					52
Change in cash flow assumptions and effect of net premiums exceeding gross premiums | Fortitude RE | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					55
Change due to the current upper-medium grade discount rate | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(104)
Change due to the current upper-medium grade discount rate | Fortitude RE | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance recoverable balance					7,611
Individual Retirement
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(274)
Individual Retirement | As Previously Reported
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(309)
Individual Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification To Cost Of Reinsurance | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					0
Individual Retirement | Reclassification to Market risk benefits | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					35
Individual Retirement | Change in cash flow assumptions and effect of net premiums exceeding gross premiums | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					0
Individual Retirement | Change due to the current upper-medium grade discount rate | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					0
Life Insurance
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(2,833)
Life Insurance | As Previously Reported
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(2,370)
Life Insurance | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification To Cost Of Reinsurance | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(416)
Life Insurance | Reclassification to Market risk benefits | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					0
Life Insurance | Change in cash flow assumptions and effect of net premiums exceeding gross premiums | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					52
Life Insurance | Change due to the current upper-medium grade discount rate | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(99)
Institutional Markets
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(48)
Institutional Markets | As Previously Reported
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					(43)
Institutional Markets | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification To Cost Of Reinsurance | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					0
Institutional Markets | Reclassification to Market risk benefits | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					0
Institutional Markets | Change in cash flow assumptions and effect of net premiums exceeding gross premiums | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					0
Institutional Markets | Change due to the current upper-medium grade discount rate | ASU 2018-12
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes					$ (5)

Reinsurance - Summary of the co

Reinsurance - Summary of the composition of pool of assets (Details) - USD ($) $ in Millions		Dec. 31, 2023		Dec. 31, 2022		Jan. 01, 2021
Effects of Reinsurance [Line Items]
Bonds available-for-sale	[1]	$ 166,527		$ 156,793
Fixed maturity securities - fair value option	[1]	4,578		3,769
Loans		47,565		45,166
Investment real estate		1,932		1,831
Private equity funds/hedge funds		7,690		8,014
Short-term Investments	[1]	4,336		4,400
Derivative assets net, carrying value		393		299
Fair Value		5,925		3,252
Other assets		2,294	[1]	2,521	[1]	$ 3,824
Total assets		379,270		360,322		$ 422,435
Carrying Value
Effects of Reinsurance [Line Items]
Short-term Investments		2,928		3,043
Other assets		13		12
Commercial Mortgages
Effects of Reinsurance [Line Items]
Loans		34,172		32,993
Policy loans
Effects of Reinsurance [Line Items]
Loans		1,746		1,750
Fortitude Holdings
Effects of Reinsurance [Line Items]
Derivative asset, fair value of collateral		62		189
Derivative liability, Fair value of collateral		6
Fortitude Holdings | Carrying Value
Effects of Reinsurance [Line Items]
Bonds available-for-sale		15,204		16,339
Fixed maturity securities - fair value option		4,212		3,485
Investment real estate		184		133
Private equity funds/hedge funds		1,910		1,893
Short-term Investments		129		69
Funds withheld investment assets		25,347		25,764
Derivative assets net, carrying value		45		90
Other assets		641		731
Total assets		26,033		26,585
Fortitude Holdings | Fair Value
Effects of Reinsurance [Line Items]
Bonds available-for-sale		15,204		16,339
Fixed maturity securities - fair value option		4,212		3,485
Investment real estate		329		348
Private equity funds/hedge funds		1,910		1,893
Short-term Investments		129		69
Funds withheld investment assets		25,271		25,730
Fair Value		45		90
Other assets		641		731
Total		25,957		26,551
Fortitude Holdings | Commercial Mortgages | Carrying Value
Effects of Reinsurance [Line Items]
Loans		3,378		3,490
Fortitude Holdings | Commercial Mortgages | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		3,157		3,241
Fortitude Holdings | Policy loans | Carrying Value
Effects of Reinsurance [Line Items]
Loans		330		355
Fortitude Holdings | Policy loans | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		$ 330		$ 355
[1] See Note 9

Reinsurance - Summary of the im

Reinsurance - Summary of the impact of funds withheld (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	$ 11,078	$ 9,576	$ 11,672
Net realized gains (losses) on Fortitude Re funds withheld assets	(3,572)	6,091	1,752
Income before income tax expense (benefit)	940	10,491	11,254
Income tax expense (benefit)	96	(2,012)	(2,082)
Net income (loss)	1,036	8,479	9,172
Comprehensive income (loss)	4,452	(16,627)	5,081
Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	1,368	891	1,775
Fortitude Holdings
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	1,368	891	1,775
Net realized gains (losses) on Fortitude Re funds withheld assets	(1,958)	5,950	237
Income before income tax expense (benefit)	(590)	6,841	2,012
Income tax expense (benefit)	124	(1,437)	(423)
Net income (loss)	(466)	5,404	1,589
Comprehensive income (loss)	25	340	101
Fortitude Holdings | Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net realized gains (losses) on Fortitude Re funds withheld assets	(224)	(397)	924
Fortitude Holdings | Fortitude Re funds withheld assets | Embedded derivatives
Effects of Reinsurance [Line Items]
Net realized gains (losses) on Fortitude Re funds withheld assets	(1,734)	6,347	(687)
Fortitude Holdings | Other investments
Effects of Reinsurance [Line Items]
Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available-for-sale*	$ 491	$ (5,064)	$ (1,488)

Reinsurance - Narrative (Detail

Reinsurance - Narrative (Details)	Dec. 31, 2023 USD ($) agreement	Sep. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jan. 01, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2016 USD ($)	Jul. 01, 2016 USD ($)
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes	$ 1,620,000,000			$ 2,517,000,000	$ 3,140,000,000	$ 3,155,000,000
Reinsurance assets due from reinsurers (as a percent)	5%
Number of affiliated reinsurance agreement | agreement	1
Number of bilateral letter of credit | agreement	1
Reinsurance recoverables	$ 28,400,000,000
Investment grade reinsurance recoverables (as a percent)	100%
non-investment grade reinsurance recoverables (as a percent)	1%
Legacy Life And Retirement Run Off Lines Segment Member
Effects of Reinsurance [Line Items]
Reinsurance assets	$ 26,800,000,000			26,800,000,000
Reserves ceded	26,800,000,000			26,800,000,000
Fortitude RE
Effects of Reinsurance [Line Items]
Reinsurance assets, net of allowance for credit losses and disputes	26,772,000,000			$ 26,844,000,000	$ 36,824,000,000
Corebridge
Effects of Reinsurance [Line Items]
Reserves ceded		$ 2,000,000,000	$ 2,000,000,000				$ 14,000,000,000
Letter of credit	$ 125,000,000
Corebridge | Life And Universal Segment
Effects of Reinsurance [Line Items]
Reserves ceded								$ 5,000,000,000
Reserves recaptured		$ 1,000,000,000	$ 1,000,000,000				$ 16,000,000,000

Reinsurance - Rollforward of _2

Reinsurance - Rollforward of the reinsurance recoverable allowance for credit losses (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reinsurance Recoverable, Allowance for Credit Loss [Roll Forward]
Balance, beginning of year	$ 84	$ 101	$ 83
Current period provision for expected credit losses and disputes	(5)	8	18
Write-offs charged against the allowance for credit losses and disputes	(49)	0	0
Other changes	0	25	0
Balance, end of year	$ 30	$ 84	$ 101

Variable Interest Entities - Co

Variable Interest Entities - Consolidated VIEs (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021	Jan. 01, 2021
Assets:
Bonds available-for-sale	[1]	$ 166,527		$ 156,793
Other bond securities	[1]	4,578		3,769
Equity securities	[1]	63		170
Mortgage and other loans receivable	[1]	46,867		44,566
Alternative investments		7,690		8,014
Investment real estate		1,932		1,831
Short-term Investments	[1]	4,336		4,400
Cash		612	[1]	552	[1]	$ 537
Accrued investment income	[1]	2,008		1,813
Other assets		2,294	[1]	2,521	[1]		$ 3,824
Total assets		379,270		360,322			422,435
Liabilities:
Total liabilities		366,635		350,003			$ 383,760
Real Estate and Investment Entities
Liabilities:
Off-balance sheet exposure associated with VIEs		1,800		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		112		3,571
Other bond securities		45		0
Equity securities		8		51
Mortgage and other loans receivable		1,941		2,088
Alternative investments		2,695		2,842
Investment real estate		1,488		1,731
Short-term Investments		130		456
Cash		61		71
Accrued investment income		7		7
Other assets		95		170
Total assets		6,582		10,987
Liabilities:
Long-term debt		2,266		5,958
Other liabilities		83		132
Total liabilities		2,349		6,090
Consolidated VIE | Real Estate and Investment Entities
Assets:
Bonds available-for-sale		36		0
Other bond securities		45		0
Equity securities		8		51
Mortgage and other loans receivable		0		0
Alternative investments		2,695		2,842
Investment real estate		1,488		1,731
Short-term Investments		125		191
Cash		61		71
Accrued investment income		2		0
Other assets		93		102
Total assets		4,553		4,988
Liabilities:
Long-term debt		1,117		1,382
Other liabilities		82		85
Total liabilities		1,199		1,467
Consolidated VIE | Securitization Vehicles
Assets:
Bonds available-for-sale		76		3,571
Other bond securities		0		0
Equity securities		0		0
Mortgage and other loans receivable		1,941		2,088
Alternative investments		0		0
Investment real estate		0		0
Short-term Investments		5		265
Cash		0		0
Accrued investment income		5		7
Other assets				68
Other assets		2
Total assets		2,029		5,999
Liabilities:
Long-term debt		1,149		4,576
Other liabilities		1		47
Total liabilities		1,150		4,623
Corebridge Entities | Real Estate and Investment Entities
Liabilities:
Off-balance sheet exposure associated with VIEs		1,200		1,400
AIG Affiliates | Real Estate and Investment Entities
Liabilities:
Off-balance sheet exposure associated with VIEs		600		700
Unconsolidated VIE
Assets:
Total assets		5,532		$ 5,575
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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
VARIABLE INTEREST ENTITY
Total revenue	$ 18,878	$ 24,697	$ 23,257
Net income (loss) attributable to noncontrolling interests	(68)	320	929
Net income (loss) attributable to Corebridge	1,104	8,159	8,243
Consolidated VIE
VARIABLE INTEREST ENTITY
Total revenue	142	910	2,336
Net income (loss) attributable to noncontrolling interests	(68)	321	929
Net income (loss) attributable to Corebridge	107	361	796
Consolidated VIE | Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total revenue	11	681	1,639
Net income (loss) attributable to noncontrolling interests	(68)	318	858
Net income (loss) attributable to Corebridge	13	314	525
Consolidated VIE | Securitization And Repackaging And Vehicles
VARIABLE INTEREST ENTITY
Total revenue	131	229	247
Net income (loss) attributable to noncontrolling interests	0	3	3
Net income (loss) attributable to Corebridge	94	47	(33)
Consolidated VIE | Affordable Housing Partnerships
VARIABLE INTEREST ENTITY
Total revenue	0	0	450
Net income (loss) attributable to noncontrolling interests	0	0	68
Net income (loss) attributable to Corebridge	$ 0	$ 0	$ 304

Variable Interest Entities - Un

Variable Interest Entities - Unconsolidated VIEs (Details) - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022	Jan. 01, 2021
VARIABLE INTEREST ENTITY
Maximum Exposure to Loss, On-Balance Sheet		$ 379,270	$ 360,322	$ 422,435
Other investments	[1]	10,257	10,418
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets		398,978	376,055
Maximum Exposure to Loss, On-Balance Sheet		5,532	5,575
Maximum Exposure to Loss, Off-Balance Sheet		2,870	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		398,978	376,055
Maximum Exposure to Loss, On-Balance Sheet		5,532	5,575
Maximum Exposure to Loss, Off-Balance Sheet		2,870	2,784
Total		$ 8,402	$ 8,359
[1] See Note 9

Variable Interest Entities - Na

Variable Interest Entities - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Jan. 01, 2021
VARIABLE INTEREST ENTITY
Total VIE Assets	$ 379,270	$ 360,322	$ 422,435
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets	5,532	5,575
Unconsolidated VIE | RMBS, CMBS, Oher ABS, And CLOs
VARIABLE INTEREST ENTITY
Total VIE Assets	3,100	3,200
Off-balance sheet exposure associated with VIEs	2,200	$ 1,500
Unconsolidated VIE | RMBS, CMBS, Oher ABS, And CLOs
VARIABLE INTEREST ENTITY
Unfunded Commitments	$ 331

Derivatives and Hedge Account_3

Derivatives and Hedge Accounting - Notional amounts and fair values of derivative instruments (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Gross Derivative Assets
Notional Amount	$ 173,953	$ 109,145
Fair Value	5,925	3,252
Counterparty netting	(3,646)	(2,547)
Cash Collateral	(1,886)	(406)
Total derivative assets	393	299
Gross Derivative Liabilities
Notional Amount	68,961	43,388
Fair Value	4,588	3,335
Counterparty netting	(3,646)	(2,547)
Cash Collateral	(801)	(691)
Total derivative liabilities on consolidated balance sheet	141	97
Bifurcated embedded derivatives assets, fair value	0	0
Bifurcated embedded derivative liabilities, fair value	$ 10,200	$ 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	$ 2,213	$ 155
Fair Value	238	202
Gross Derivative Liabilities
Notional Amount	833	1,798
Fair Value	18	77
Derivatives designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	2,918	3,535
Fair Value	354	575
Gross Derivative Liabilities
Notional Amount	4,829	3,354
Fair Value	164	176
Derivatives not designated as hedging instruments | Interest rate contracts
Gross Derivative Assets
Notional Amount	41,056	27,656
Fair Value	2,709	1,371
Gross Derivative Liabilities
Notional Amount	41,225	21,553
Fair Value	3,260	2,599
Derivatives not designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	6,260	4,630
Fair Value	586	672
Gross Derivative Liabilities
Notional Amount	7,878	6,673
Fair Value	399	456
Derivatives not designated as hedging instruments | Equity contracts
Gross Derivative Assets
Notional Amount	76,561	26,041
Fair Value	2,017	417
Gross Derivative Liabilities
Notional Amount	14,144	9,962
Fair Value	745	27
Derivatives not designated as hedging instruments | Credit contracts
Gross Derivative Assets
Notional Amount	305	0
Fair Value	8	0
Gross Derivative Liabilities
Notional Amount	5	0
Fair Value	0	0
Derivatives not designated as hedging instruments | Other contracts
Gross Derivative Assets
Notional Amount	44,640	47,128
Fair Value	13	15
Gross Derivative Liabilities
Notional Amount	47	48
Fair Value	$ 2	$ 0

Derivatives and Hedge Account_4

Derivatives and Hedge Accounting - Notional Amounts of Derivatives with Related Parties and Third Parties (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Gross Derivative Assets
Notional Amount	$ 173,953	$ 109,145
Fair Value	5,925	3,252
Gross Derivative Liabilities
Notional Amount	68,961	43,388
Fair Value	4,588	3,335
Total derivatives with related parties
Gross Derivative Assets
Notional Amount	53,163	60,633
Fair Value	622	3,177
Gross Derivative Liabilities
Notional Amount	5,720	42,109
Fair Value	232	3,154
Total derivatives with third parties
Gross Derivative Assets
Notional Amount	120,790	48,512
Fair Value	5,303	75
Gross Derivative Liabilities
Notional Amount	63,241	1,279
Fair Value	$ 4,356	$ 181

Derivatives and Hedge Account_5

Derivatives and Hedge Accounting - Balance sheet location (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Fixed maturity securities
Derivative [Line Items]
Carrying amount of hedged assets	$ 7,412	$ 6,520
Commercial mortgage and other loans
Derivative [Line Items]
Carrying amount of hedged assets	0	0
Policyholder contract deposits
Derivative [Line Items]
Carrying amount of hedged liabilities	(4,756)	(2,218)
Effect of Change | Fixed maturity securities
Derivative [Line Items]
Carrying amount of hedged assets	0	0
Effect of Change | Commercial mortgage and other loans
Derivative [Line Items]
Carrying amount of hedged assets	(24)	(25)
Effect of Change | Policyholder contract deposits
Derivative [Line Items]
Carrying amount of hedged liabilities	$ 31	$ (68)

Derivatives and Hedge Account_6

Derivatives and Hedge Accounting - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	$ 13	$ 223
Reclassification into interest expense	28	21
Amounts to be reclassified in the next 30 years	174
Amounts to be reclassified in the next twelve months	28
Amounts excluded from the assessmwnt of hedge effectiveness that are recognized into earnings	0
Fair value of hybrid securities	0	0
Par value of hybrid securities	25	25
Net Investment Income
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	(2)
Currency Swap
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	(3)	9	$ 8
Third Parties
Credit derivatives:
Collateral posted	1,400	255
Collateral obtained from third parties for derivative transactions	1,900	40
Total derivatives with related parties
Credit derivatives:
Collateral posted	0	1,500
Collateral obtained from third parties for derivative transactions	$ 377	$ 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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest rate contracts | Net Realized and Unrealized Gains (Losses)
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	$ 0	$ 0	$ 0
Gains/(losses) recognized in earnings for excluded components	0	0	0
Gain (losses) recognized in earnings on hedged items	0	0	0
Net Impact	0	0	0
Interest rate contracts | Interest credited to policyholder account balances
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	86	(156)	(62)
Gains/(losses) recognized in earnings for excluded components	0	0	18
Gain (losses) recognized in earnings on hedged items	(98)	151	54
Net Impact	(12)	(5)	10
Interest rate contracts | Net investment income
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	0	11	9
Gains/(losses) recognized in earnings for excluded components	0	0	0
Gain (losses) recognized in earnings on hedged items	1	(12)	(11)
Net Impact	1	(1)	(2)
Foreign exchange contracts
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	(243)	459	260
Gains/(losses) recognized in earnings for excluded components	15	171	31
Gain (losses) recognized in earnings on hedged items	243	(459)	(260)
Net Impact	$ 15	$ 171	$ 31

Derivatives and Hedge Account_8

Derivatives and Hedge Accounting - Derivatives not designated as hedging instruments (Details) - Derivatives not designated as hedging instruments - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (3,879)	$ 5,689	$ (1,962)
AIG
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(1,100)	(2,500)	(400)
Excluding Fortitude Re Funds Withheld Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(990)	817	445
Excluding Fortitude Re Funds Withheld Assets | Other | Discontinued Operations, Disposed of by Sale
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	13
Excluding Fortitude Re Funds Withheld Assets | AIG Life | Discontinued Operations, Disposed of by Sale
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	13
Fortitude Re funds withheld assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(90)	(121)	33
Excluding Fortitude Re funds withheld embedded derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(1,734)	6,347	(687)
Policy fees
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	64	61	62
Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(10)	(10)	6
Policyholder benefits and claims incurred
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	0	(19)	(4)
Change in the fair value of market risk benefits
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(1,119)	(1,386)	(1,817)
Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(397)	(2,386)	(585)
Foreign exchange contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(215)	1,028	476
Equity contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(120)	(483)	(742)
Credit contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	0	(1)	(11)
Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	64	64	64
Embedded derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(1,477)	1,120	(477)
Embedded derivatives | Excluding Fortitude Re funds withheld embedded derivative | Fortitude RE
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (1,734)	$ 6,347	$ (687)

Deferred Policy Acquisition C_3

Deferred Policy Acquisition Costs - LDTI and VOBA Adoption Adjustments (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Long-Duration Insurance Contracts
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	$ 9,994	$ 10,472	$ 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	4,777	4,643	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	1,055	1,060	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	4,092	4,718	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	70	51	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	113	125
Value Of Business Acquired | As Previously Reported
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost				122
Value Of Business Acquired | Effect of Change
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost				3
Value Of Business Acquired | Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Deferred acquisition cost	2	3	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
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	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

Deferred Policy Acquisition C_4

Deferred Policy Acquisition Costs - Rollforward of LDTI and VOBA (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Deferred policy acquisition costs and value of business acquired	$ 10,011	$ 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	10,011	10,563	$ 10,598
Long-Duration Insurance Contracts
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	10,472	10,485	10,375
Capitalization	1,260	1,059	1,056
Amortization expense	(1,034)	(1,011)	(941)
Other, including foreign exchange	36	(61)	(5)
Reclassified to Assets held-for-sale	740
Balance, end of year	9,994	10,472	10,485
Long-Duration Insurance Contracts | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,643	4,604	4,476
Capitalization	705	562	579
Amortization expense	(571)	(523)	(451)
Other, including foreign exchange	0	0	0
Reclassified to Assets held-for-sale	0
Balance, end of year	4,777	4,643	4,604
Long-Duration Insurance Contracts | Group Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	1,060	1,078	1,093
Capitalization	77	62	63
Amortization expense	(82)	(80)	(78)
Other, including foreign exchange	0	0	0
Reclassified to Assets held-for-sale	0
Balance, end of year	1,055	1,060	1,078
Long-Duration Insurance Contracts | Life Insurance
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,718	4,765	4,773
Capitalization	450	414	404
Amortization expense	(372)	(401)	(406)
Other, including foreign exchange	36	(60)	(6)
Reclassified to Assets held-for-sale	740
Balance, end of year	4,092	4,718	4,765
Long-Duration Insurance Contracts | Institutional Markets
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	51	38	33
Capitalization	28	21	10
Amortization expense	(9)	(7)	(6)
Other, including foreign exchange	0	(1)	1
Reclassified to Assets held-for-sale	0
Balance, end of year	70	51	38
Value Of Business Acquired
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	91	113	125
Amortization expense	(8)	(9)	(10)
Other, including foreign exchange	8	13	2
Reclassified to Assets held-for-sale	74
Balance, end of year	17	91	113
Value Of Business Acquired | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	3	3	3
Amortization expense	(1)	0	0
Other, including foreign exchange	0	0	0
Reclassified to Assets held-for-sale	0
Balance, end of year	2	3	3
Value Of Business Acquired | Group Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	1	1	1
Amortization expense	0	0	0
Other, including foreign exchange	0	0	0
Reclassified to Assets held-for-sale	0
Balance, end of year	1	1	1
Value Of Business Acquired | Life Insurance
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	87	109	121
Amortization expense	(7)	(9)	(10)
Other, including foreign exchange	8	13	2
Reclassified to Assets held-for-sale	74
Balance, end of year	14	87	109
Value Of Business Acquired | Institutional Markets
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	0	0	0
Amortization expense	0	0	0
Other, including foreign exchange	0	0	0
Reclassified to Assets held-for-sale	0
Balance, end of year	$ 0	$ 0	$ 0

Deferred Policy Acquisition C_5

Deferred Policy Acquisition Costs - Rollforward of DSI (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year			$ 681
Other assets, including restricted cash	$ 10,011	$ 10,563		$ 10,500
Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year			476
Group Retirement
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year			205
Deferred Sale Inducements
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	558	619	681
Capitalization	8	9	10
Amortization expense	(69)	(70)	(72)
Balance, end of period	497	558	619
Other reconciling items	1,797	1,963	2,995
Other assets, including restricted cash	2,294	2,521	3,614
Deferred Sale Inducements | Individual Retirement
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	381	428	476
Capitalization	7	9	10
Amortization expense	(55)	(56)	(58)
Balance, end of period	333	381	428
Deferred Sale Inducements | Group Retirement
Summary of Significant Accounting Policies [Line Items]
Balance, beginning of year	177	191	205
Capitalization	1	0	0
Amortization expense	(14)	(14)	(14)
Balance, end of period	$ 164	$ 177	$ 191

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

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Schedule of goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Line Items]
Goodwill - gross	$ 194	$ 252	$ 269
Accumulated impairments	(77)	(77)	(77)
Net goodwill	117	175	192
Increase (decrease) due to:
Dispositions	(39)	0
Other	4	(17)
Reclassified to Assets held-for-sale	(23)
Life Insurance
Goodwill [Line Items]
Goodwill - gross	170	220	236
Accumulated impairments	(67)	(67)	(67)
Net goodwill	103	153	169
Increase (decrease) due to:
Dispositions	(30)	0
Other	3	(16)
Reclassified to Assets held-for-sale	(23)
Corporate and Other
Goodwill [Line Items]
Goodwill - gross	24	32	33
Accumulated impairments	(10)	(10)	(10)
Net goodwill	14	22	$ 23
Increase (decrease) due to:
Dispositions	(9)	0
Other	1	$ (1)
Reclassified to Assets held-for-sale	$ 0

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, Net (Excluding Goodwill)	$ 0	$ 12

Future Policy Benefits - Schedu

Future Policy Benefits - Schedule of Future policy benefits (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	$ 58,237	$ 55,506	$ 70,643	$ 56,371	$ 71,670
Effect of changes in cash flow assumptions		138	134		110
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	1,353	1,223	1,373	1,323	1,323
Effect of changes in cash flow assumptions		0	0		0
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	217	211	264	279	279
Effect of changes in cash flow assumptions		0	0		0
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	17,531	21,179	27,442	14,126	27,919
Effect of changes in cash flow assumptions		62	140		193
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	18,482	12,464	13,890	11,630	11,630
Effect of changes in cash flow assumptions		0	(6)		0
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Liability for future policy benefits	$ 20,654	20,429	27,674	$ 29,013	30,519
Effect of changes in cash flow assumptions		$ 76	$ 0		(83)
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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	$ 12,645	$ 15,643	$ 15,299
Effect of changes in discount rate assumptions (AOCI)	(1,938)	856	(1,623)
Beginning balance at original discount rate	14,583	14,787	13,676
Effect of changes in cash flow assumptions		55	123		$ 92
Effect of actual variances from expected experience		82	(72)		385
Adjusted beginning of year balance	14,720	14,838	14,153
Issuances	1,277	1,358	1,727
Interest accrual	483	445	446
Net premium collected	(1,582)	(1,541)	(1,493)
Foreign exchange impact	265	(517)	(46)
Other	2	0	0
Ending balance at original discount rate	15,165	14,583	14,787
Effect of changes in discount rate assumptions (AOCI)	(1,526)	(1,938)	856
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	(4,287)
Balance, end of year	9,352	12,645	15,643
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	55,506	70,643	71,670
Effect of changes in discount rate assumptions (AOCI)	(7,310)	(9,401)	(14,086)
Beginning balance at original discount rate	62,816	61,242	57,584
Effect of changes in cash flow assumptions		138	134		110
Effect of actual variances from expected experience		130	(122)		289
Adjusted beginning of year balance	63,084	61,254	57,983
Issuances	6,800	4,393	5,287
Interest accrual	2,664	2,620	2,393
Benefit payments	(4,665)	(4,203)	(4,336)
Foreign exchange impact	704	(996)	(63)
Other	(14)	(252)	(22)
Ending balance at original discount rate	68,573	62,816	61,242
Effect of changes in discount rate assumptions (AOCI)	(5,217)	(7,310)	(9,401)
Reclassified to Liabilities held-for-sale	(5,119)
Balance, end of year	58,237	55,506	70,643
Net liability for future policy benefits, end of year	48,885	42,861	55,000
Liability for future policy benefits for certain participating contracts	1,313	1,352	1,397
Liability for universal life policies with secondary guarantees and similar features	3,786	3,355	5,007
Deferred profit liability	2,511	2,303	2,236
Other reconciling items	613	647	630
Future policy benefits for life and accident and health insurance contracts	57,108	50,518	64,270	$ 65,182
Less: Reinsurance recoverable:	22,748	22,984	30,621
Net liability for future policy benefits after reinsurance recoverable	34,360	27,534	33,649
Individual Retirement
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	0	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Beginning balance at original discount rate	0	0	0
Effect of changes in cash flow assumptions		0	0		0
Effect of actual variances from expected experience		0	0		0
Adjusted beginning of year balance	0	0	0
Issuances	0	0	0
Interest accrual	0	0	0
Net premium collected	0	0	0
Foreign exchange impact	0	0	0
Other	0	0	0
Ending balance at original discount rate	0	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	0
Balance, end of year	0	0	0
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	1,223	1,373	1,323
Effect of changes in discount rate assumptions (AOCI)	(167)	(95)	(156)
Beginning balance at original discount rate	1,390	1,278	1,167
Effect of changes in cash flow assumptions		0	0		0
Effect of actual variances from expected experience		(5)	(30)		1
Adjusted beginning of year balance	1,385	1,248	1,168
Issuances	173	216	172
Interest accrual	55	42	41
Benefit payments	(128)	(116)	(101)
Foreign exchange impact	0	0	0
Other	0	0	(2)
Ending balance at original discount rate	1,485	1,390	1,278
Effect of changes in discount rate assumptions (AOCI)	(132)	(167)	(95)
Reclassified to Liabilities held-for-sale	0
Balance, end of year	1,353	1,223	1,373
Net liability for future policy benefits, end of year	1,353	1,223	1,373
Liability for future policy benefits for certain participating contracts	0	0	0
Liability for universal life policies with secondary guarantees and similar features	0	0	0
Deferred profit liability	84	99	81
Other reconciling items	33	37	42
Future policy benefits for life and accident and health insurance contracts	1,470	1,359	1,496
Less: Reinsurance recoverable:	4	4	4
Net liability for future policy benefits after reinsurance recoverable	$ 1,466	$ 1,355	$ 1,492
Weighted average liability duration of the liability for future policy benefits (in years)	7 years 9 months 18 days	7 years 7 months 6 days	8 years 7 months 6 days
Group Retirement
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	$ 0	$ 0	$ 0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Beginning balance at original discount rate	0	0	0
Effect of changes in cash flow assumptions		0	0		0
Effect of actual variances from expected experience		0	0		0
Adjusted beginning of year balance	0	0	0
Issuances	0	0	0
Interest accrual	0	0	0
Net premium collected	0	0	0
Foreign exchange impact	0	0	0
Other	0	0	0
Ending balance at original discount rate	0	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	0
Balance, end of year	0	0	0
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	211	264	279
Effect of changes in discount rate assumptions (AOCI)	(2)	(46)	(63)
Beginning balance at original discount rate	213	218	216
Effect of changes in cash flow assumptions		0	0		0
Effect of actual variances from expected experience		(2)	(2)		(1)
Adjusted beginning of year balance	211	216	215
Issuances	18	12	21
Interest accrual	11	10	11
Benefit payments	(26)	(26)	(28)
Foreign exchange impact	0	0	0
Other	0	1	(1)
Ending balance at original discount rate	214	213	218
Effect of changes in discount rate assumptions (AOCI)	3	(2)	(46)
Reclassified to Liabilities held-for-sale	0
Balance, end of year	217	211	264
Net liability for future policy benefits, end of year	217	211	264
Liability for future policy benefits for certain participating contracts	0	0	0
Liability for universal life policies with secondary guarantees and similar features	0	0	0
Deferred profit liability	10	12	11
Other reconciling items	0	0	0
Future policy benefits for life and accident and health insurance contracts	227	223	275
Less: Reinsurance recoverable:	0	0	0
Net liability for future policy benefits after reinsurance recoverable	$ 227	$ 223	$ 275
Weighted average liability duration of the liability for future policy benefits (in years)	6 years 9 months 18 days	6 years 10 months 24 days	7 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	$ 13,793
Effect of changes in discount rate assumptions (AOCI)	(1,872)	706	(1,374)
Beginning balance at original discount rate	13,526	13,663	12,419
Effect of changes in cash flow assumptions		34	123		164
Effect of actual variances from expected experience		62	(79)		371
Adjusted beginning of year balance	13,622	13,707	12,954
Issuances	1,277	1,358	1,727
Interest accrual	437	397	392
Net premium collected	(1,464)	(1,418)	(1,364)
Foreign exchange impact	265	(517)	(46)
Other	11	(1)	0
Ending balance at original discount rate	14,148	13,526	13,663
Effect of changes in discount rate assumptions (AOCI)	(1,482)	(1,872)	706
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	(4,287)
Balance, end of year	8,379	11,654	14,369
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	21,179	27,442	27,919
Effect of changes in discount rate assumptions (AOCI)	(3,424)	(2,717)	(4,351)
Beginning balance at original discount rate	24,603	24,725	23,568
Effect of changes in cash flow assumptions		62	140		193
Effect of actual variances from expected experience		122	(94)		413
Adjusted beginning of year balance	24,787	24,771	24,174
Issuances	1,266	1,374	1,713
Interest accrual	908	876	876
Benefit payments	(1,921)	(1,757)	(1,981)
Foreign exchange impact	345	(657)	(60)
Other	10	(4)	3
Ending balance at original discount rate	25,395	24,603	24,725
Effect of changes in discount rate assumptions (AOCI)	(2,745)	(3,424)	(2,717)
Reclassified to Liabilities held-for-sale	(5,119)
Balance, end of year	17,531	21,179	27,442
Net liability for future policy benefits, end of year	9,152	9,525	13,073
Liability for future policy benefits for certain participating contracts	13	14	15
Liability for universal life policies with secondary guarantees and similar features	3,731	3,300	4,952
Deferred profit liability	19	15	10
Other reconciling items	485	500	485
Future policy benefits for life and accident and health insurance contracts	13,400	13,354	18,535
Less: Reinsurance recoverable:	719	1,107	1,715
Net liability for future policy benefits after reinsurance recoverable	$ 12,681	$ 12,247	$ 16,820
Weighted average liability duration of the liability for future policy benefits (in years)	12 years 9 months 18 days	12 years 2 months 12 days	14 years 4 months 24 days
Institutional Markets
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	$ 0	$ 0	$ 0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Beginning balance at original discount rate	0	0	0
Effect of changes in cash flow assumptions		0	0		0
Effect of actual variances from expected experience		0	0		0
Adjusted beginning of year balance	0	0	0
Issuances	0	0	0
Interest accrual	0	0	0
Net premium collected	0	0	0
Foreign exchange impact	0	0	0
Other	0	0	0
Ending balance at original discount rate	0	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	0
Balance, end of year	0	0	0
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	12,464	13,890	11,630
Effect of changes in discount rate assumptions (AOCI)	(2,634)	(870)	(1,654)
Beginning balance at original discount rate	15,098	13,020	9,976
Effect of changes in cash flow assumptions		0	(6)		0
Effect of actual variances from expected experience		15	3		(3)
Adjusted beginning of year balance	15,113	13,017	9,973
Issuances	5,339	2,782	3,366
Interest accrual	664	459	380
Benefit payments	(1,087)	(821)	(696)
Foreign exchange impact	359	(339)	(3)
Other	0	0	0
Ending balance at original discount rate	20,388	15,098	13,020
Effect of changes in discount rate assumptions (AOCI)	(1,906)	(2,634)	(870)
Reclassified to Liabilities held-for-sale	0
Balance, end of year	18,482	12,464	13,890
Net liability for future policy benefits, end of year	18,482	12,464	13,890
Liability for future policy benefits for certain participating contracts	0	0	0
Liability for universal life policies with secondary guarantees and similar features	0	0	0
Deferred profit liability	1,543	1,281	1,218
Other reconciling items	0	0	1
Future policy benefits for life and accident and health insurance contracts	20,025	13,745	15,109
Less: Reinsurance recoverable:	39	36	47
Net liability for future policy benefits after reinsurance recoverable	$ 19,986	$ 13,709	$ 15,062
Weighted average liability duration of the liability for future policy benefits (in years)	12 years 1 month 6 days	10 years 9 months 18 days	13 years
Corporate and Other
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]
Balance, beginning of year	$ 991	$ 1,274	$ 1,506
Effect of changes in discount rate assumptions (AOCI)	(66)	150	(249)
Beginning balance at original discount rate	1,057	1,124	1,257
Effect of changes in cash flow assumptions		21	0		(72)
Effect of actual variances from expected experience		20	7		14
Adjusted beginning of year balance	1,098	1,131	1,199
Issuances	0	0	0
Interest accrual	46	48	54
Net premium collected	(118)	(123)	(129)
Foreign exchange impact	0	0	0
Other	(9)	1	0
Ending balance at original discount rate	1,017	1,057	1,124
Effect of changes in discount rate assumptions (AOCI)	(44)	(66)	150
Liability For Future Policy Benefit, Reclassified To Liabilities Held-For-Sale	0
Balance, end of year	973	991	1,274
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]
Balance, beginning of year	20,429	27,674	30,519
Effect of changes in discount rate assumptions (AOCI)	(1,083)	(5,673)	(7,862)
Beginning balance at original discount rate	21,512	22,001	22,657
Effect of changes in cash flow assumptions		76	0		(83)
Effect of actual variances from expected experience		0	1		$ (121)
Adjusted beginning of year balance	21,588	22,002	22,453
Issuances	4	9	15
Interest accrual	1,026	1,233	1,085
Benefit payments	(1,503)	(1,483)	(1,530)
Foreign exchange impact	0	0	0
Other	(24)	(249)	(22)
Ending balance at original discount rate	21,091	21,512	22,001
Effect of changes in discount rate assumptions (AOCI)	(437)	(1,083)	(5,673)
Reclassified to Liabilities held-for-sale	0
Balance, end of year	20,654	20,429	27,674
Net liability for future policy benefits, end of year	19,681	19,438	26,400
Liability for future policy benefits for certain participating contracts	1,300	1,338	1,382
Liability for universal life policies with secondary guarantees and similar features	55	55	55
Deferred profit liability	855	896	916
Other reconciling items	95	110	102
Future policy benefits for life and accident and health insurance contracts	21,986	21,837	28,855
Less: Reinsurance recoverable:	21,986	21,837	28,855
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 0	$ 0
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 6 months	11 years 4 months 24 days	13 years 8 months 12 days

Future Policy Benefits - Narrat

Future Policy Benefits - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Term Life Insurance
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Increase in reserves	$ (1)	$ 26	$ 15

Future Policy Benefits - Expect

Future Policy Benefits - Expected future benefits, expenses, and gross premiums (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	$ 2,131	$ 1,959	$ 1,747
Undiscounted expected future gross premiums	0	0	0
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	313	321	328
Undiscounted expected future gross premiums	0	0	0
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	40,489	38,909	38,869
Undiscounted expected future gross premiums	30,458	29,035	29,272
Discounted expected future gross premiums (at current discount rate)	20,200
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	38,253	25,066	20,839
Undiscounted expected future gross premiums	0	0	0
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	43,071	44,530	46,038
Undiscounted expected future gross premiums	2,146	$ 2,262	$ 2,437
Discounted expected future gross premiums (at current discount rate)	$ 1,400

Future Policy Benefits - Income

Future Policy Benefits - Income statement information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	$ 8,467	$ 5,749	$ 6,580
Interest accretion	2,181	2,175	1,947
Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	1,146	1,232	1,226
Interest accretion	134	128	138
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	202	224	186
Interest accretion	55	42	41
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	19	19	21
Interest accretion	11	10	11
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	2,393	2,342	2,319
Interest accretion	471	479	484
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	1,109	1,193	1,187
Interest accretion	132	126	136
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	5,638	2,940	3,818
Interest accretion	664	459	380
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	215	224	236
Interest accretion	980	1,185	1,031
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	37	39	39
Interest accretion	$ 2	$ 2	$ 2

Future Policy Benefits - Weight

Future Policy Benefits - Weighted-average interest rates (Details)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	3.75%	3.58%	3.23%
Weighted-average interest rate, current discount rate	5.04%	5.32%	2.75%
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	5.15%	5.17%	4.96%
Weighted-average interest rate, current discount rate	5.02%	5.30%	2.68%
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.10%	4.08%	4.11%
Weighted-average interest rate, current discount rate	5.04%	5.33%	2.85%
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	3.92%	3.76%	3.74%
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.14%	3.56%	3.22%
Weighted-average interest rate, current discount rate	4.96%	5.30%	2.71%
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.86%	4.88%	4.83%
Weighted-average interest rate, current discount rate	5.08%	5.36%	3.08%
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	4.20%	4.24%	4.21%

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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	$ 50,518	$ 64,270
Effect of changes in cash flow assumptions		55	$ 123	$ 92
Effect of actual variances from expected experience		82	(72)	385
Adjusted beginning of year balance		14,720	14,838	14,153
Issuances	1,277	1,358	1,727
Interest accrual	483	445	446
Other	2	0	0
Net liability for future policy benefits, end of year	57,108	50,518	64,270
Less: Reinsurance recoverable:	(22,748)	(22,984)	(30,621)
Net liability for future policy benefits after reinsurance recoverable	34,360	27,534	33,649
Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	3,355	5,007	5,172
Effect of changes in cash flow assumptions		(41)	(24)	(116)
Effect of actual variances from expected experience		315	299	327
Adjusted beginning of year balance		3,629	5,282	5,383
Assessments	673	689	671
Excess benefits paid	(943)	(909)	(859)
Interest accrual	134	128	138
Other	(9)	(11)	24
Changes related to unrealized appreciation (depreciation) of investments	302	(1,824)	(350)
Net liability for future policy benefits, end of year	3,786	3,355	5,007
Less: Reinsurance recoverable:	(164)	(191)	(200)
Net liability for future policy benefits after reinsurance recoverable	3,622	3,164	4,807
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	13,354	18,535
Effect of changes in cash flow assumptions		34	123	164
Effect of actual variances from expected experience		62	(79)	371
Adjusted beginning of year balance		13,622	13,707	12,954
Issuances	1,277	1,358	1,727
Interest accrual	437	397	392
Other	11	(1)	0
Net liability for future policy benefits, end of year	13,400	13,354	18,535
Less: Reinsurance recoverable:	(719)	(1,107)	(1,715)
Net liability for future policy benefits after reinsurance recoverable	$ 12,681	$ 12,247	$ 16,820
Weighted average liability duration of the liability for future policy benefits (in years)	12 years 9 months 18 days	12 years 2 months 12 days	14 years 4 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	$ 5,117
Effect of changes in cash flow assumptions		(41)	(24)	(116)
Effect of actual variances from expected experience		319	303	331
Adjusted beginning of year balance		3,578	5,231	5,332
Assessments	671	687	669
Excess benefits paid	(943)	(909)	(859)
Interest accrual	132	126	136
Other	(9)	(11)	24
Changes related to unrealized appreciation (depreciation) of investments	302	(1,824)	(350)
Net liability for future policy benefits, end of year	3,731	3,300	4,952
Less: Reinsurance recoverable:	(164)	(191)	(200)
Net liability for future policy benefits after reinsurance recoverable	$ 3,567	$ 3,109	$ 4,752
Weighted average liability duration of the liability for future policy benefits (in years)	25 years 4 months 24 days	26 years 3 months 18 days	27 years 1 month 6 days
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	$ 21,837	$ 28,855
Effect of changes in cash flow assumptions		21	$ 0	(72)
Effect of actual variances from expected experience		20	7	14
Adjusted beginning of year balance		1,098	1,131	1,199
Issuances	0	0	0
Interest accrual	46	48	54
Other	(9)	1	0
Net liability for future policy benefits, end of year	21,986	21,837	28,855
Less: Reinsurance recoverable:	(21,986)	(21,837)	(28,855)
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 0	$ 0
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 6 months	11 years 4 months 24 days	13 years 8 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	$ 55
Effect of changes in cash flow assumptions		0	0	0
Effect of actual variances from expected experience		(4)	(4)	(4)
Adjusted beginning of year balance		51	51	$ 51
Assessments	2	2	2
Excess benefits paid	0	0	0
Interest accrual	2	2	2
Other	0	0	0
Changes related to unrealized appreciation (depreciation) of investments	0	0	0
Net liability for future policy benefits, end of year	55	55	55
Less: Reinsurance recoverable:	0	0	0
Net liability for future policy benefits after reinsurance recoverable	$ 55	$ 55	$ 55
Weighted average liability duration of the liability for future policy benefits (in years)	9 years 2 months 12 days	9 years 6 months	9 years 9 months 18 days

Future Policy Benefits - Summar

Future Policy Benefits - Summary of separate accounts (Details) - Universal Life - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Total account values	$ 3,721	$ 3,514
Net amount at risk	$ 72,422	$ 69,335
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	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	$ 57,108	$ 50,518	$ 64,270	$ 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	1,470	1,359	1,496
Group Retirement
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	227	223	275
Life Insurance
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	13,400	13,354	18,535
Corporate and Other
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	21,986	21,837	28,855
Universal Life
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Liability for universal life policies with secondary guarantees and similar features	3,786	3,355	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	3,731	3,300	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
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

Policyholder Contract Deposit_3

Policyholder Contract Deposits and Other Policyholder Funds - Policyholder Contract Deposit (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Policyholder Account Balance [Line Items]
Policyholder contract deposits	$ 162,050	$ 156,058	$ 151,545	$ 148,421	$ 148,421
Policy earnings (as a percent)	0.90%	1.30%	1.70%
Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits	$ 93,467	$ 87,418	$ 82,808		79,203
Group Retirement
Policyholder Account Balance [Line Items]
Policyholder contract deposits	41,069	43,076	43,643		43,228
Life Insurance
Policyholder Account Balance [Line Items]
Policyholder contract deposits	10,439	10,258	10,300		10,286
Institutional Markets
Policyholder Account Balance [Line Items]
Policyholder contract deposits	13,742	11,718	10,969		11,559
Corporate and Other
Policyholder Account Balance [Line Items]
Policyholder contract deposits	$ 3,333	3,588	$ 3,825		4,145
As Previously Reported
Policyholder Account Balance [Line Items]
Policyholder contract deposits		$ 158,966		$ 154,892	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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	$ 158,494	$ 152,809	$ 148,924
Deposits	29,029	23,348	21,947
Policy charges	(2,972)	(3,036)	(3,005)
Surrenders and withdrawals	(23,406)	(15,042)	(15,037)
Benefit payments	(9,274)	(7,666)	(8,927)
Net transfers from (to) separate account	7,117	4,536	4,340
Interest credited	4,417	3,564	4,594
Other	3	(19)	(27)
Policyholder contract deposits account balance, end of year	163,408	158,494	152,809
Other reconciling items	(1,358)	(2,436)	(1,264)
Policyholder contract deposits	162,050	156,058	151,545	$ 148,421	$ 148,421
Cash surrender value	142,216	138,320	136,372
As Previously Reported
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits		158,966		$ 154,892	154,892
Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s)
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					(6,471)
Individual Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	89,554	84,097	80,012
Deposits	18,188	15,186	13,774
Policy charges	(840)	(870)	(781)
Surrenders and withdrawals	(14,025)	(8,921)	(8,863)
Benefit payments	(3,770)	(3,798)	(4,031)
Net transfers from (to) separate account	3,617	2,248	1,531
Interest credited	2,188	1,608	2,444
Other	(16)	4	11
Policyholder contract deposits account balance, end of year	94,896	89,554	84,097
Other reconciling items	(1,429)	(2,136)	(1,289)
Policyholder contract deposits	$ 93,467	$ 87,418	$ 82,808		79,203
Weighted average crediting rate	2.68%	2.43%	2.42%
Cash surrender value	$ 88,685	$ 83,278	$ 79,787
Individual Retirement | As Previously Reported
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					85,097
Individual Retirement | Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s)
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					(5,894)
Group Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	43,395	43,902	43,406
Deposits	5,352	4,946	5,146
Policy charges	(477)	(462)	(523)
Surrenders and withdrawals	(8,310)	(5,712)	(5,795)
Benefit payments	(2,518)	(2,528)	(2,329)
Net transfers from (to) separate account	2,705	2,149	2,750
Interest credited	1,141	1,100	1,249
Other	11	0	(2)
Policyholder contract deposits account balance, end of year	41,299	43,395	43,902
Other reconciling items	(230)	(319)	(259)
Policyholder contract deposits	$ 41,069	$ 43,076	$ 43,643		43,228
Weighted average crediting rate	2.91%	2.77%	2.79%
Cash surrender value	$ 40,210	$ 41,831	$ 43,359
Group Retirement | As Previously Reported
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					43,805
Group Retirement | Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s)
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					(577)
Life Insurance
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	10,224	10,183	10,012
Deposits	1,632	1,674	1,702
Policy charges	(1,524)	(1,570)	(1,567)
Surrenders and withdrawals	(256)	(211)	(212)
Benefit payments	(281)	(216)	(245)
Net transfers from (to) separate account	3	(5)	(2)
Interest credited	413	377	447
Other	20	(8)	48
Policyholder contract deposits account balance, end of year	10,231	10,224	10,183
Other reconciling items	208	34	117
Policyholder contract deposits	$ 10,439	$ 10,258	$ 10,300		10,286
Weighted average crediting rate	4.41%	4.29%	4.28%
Cash surrender value	$ 9,026	$ 8,866	$ 8,826
Life Insurance | As Previously Reported
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					10,286
Life Insurance | Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s)
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					0
Institutional Markets
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	11,734	10,804	11,351
Deposits	3,813	1,494	1,272
Policy charges	(67)	(69)	(65)
Surrenders and withdrawals	(722)	(134)	(91)
Benefit payments	(2,405)	(775)	(1,948)
Net transfers from (to) separate account	792	144	61
Interest credited	507	301	263
Other	(3)	(31)	(39)
Policyholder contract deposits account balance, end of year	13,649	11,734	10,804
Other reconciling items	93	(16)	165
Policyholder contract deposits	$ 13,742	$ 11,718	$ 10,969		11,559
Weighted average crediting rate	4.08%	2.71%	2.41%
Cash surrender value	$ 2,583	$ 2,537	$ 2,520
Institutional Markets | As Previously Reported
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					11,559
Institutional Markets | Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s)
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					0
Corporate and Other
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	3,587	3,823	4,143
Deposits	44	48	53
Policy charges	(64)	(65)	(69)
Surrenders and withdrawals	(93)	(64)	(76)
Benefit payments	(300)	(349)	(374)
Net transfers from (to) separate account	0	0	0
Interest credited	168	178	191
Other	(9)	16	(45)
Policyholder contract deposits account balance, end of year	3,333	3,587	3,823
Other reconciling items	0	1	2
Policyholder contract deposits	$ 3,333	$ 3,588	$ 3,825		4,145
Weighted average crediting rate	4.99%	4.91%	4.92%
Cash surrender value	$ 1,712	$ 1,808	$ 1,880
Corporate and Other | As Previously Reported
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					4,145
Corporate and Other | Adjustment for the reclassification of the embedded derivative liability to market risk benefits, net of the host adjustment(s)
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits					$ 0

Policyholder Contract Deposit_5

Policyholder Contract Deposits and Other Policyholder Funds - Account balances by guaranteed minimum interest rates (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 101,111	$ 102,937
Policyholder Account Balance, Percentage	100%	100%
At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 54,990	$ 66,064
Policyholder Account Balance, Percentage	55%	64%
1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 7,428	$ 5,522
Policyholder Account Balance, Percentage	7%	5%
More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 38,693	$ 31,351
Policyholder Account Balance, Percentage	38%	30%
Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 57,137	$ 56,749
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Policyholder Account Balance	$ 35,449	$ 32,629
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 5,542	$ 6,427
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	$ 9,029	$ 9,519
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	$ 6,652	$ 7,676
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	$ 430	$ 461
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]
Minimum credit rating (as a percent)	5%	5%
Policyholder Account Balance	$ 35	$ 37
Individual Retirement | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	25,361	30,595
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	6,498	8,766
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	3,749	4,208
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	8,046	9,502
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	6,610	7,630
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	426	456
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	2,148	2,225
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	2,078	2,161
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	29,628	23,929
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	26,873	21,702
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	1,771	2,195
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	972	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	5	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	$ 36,791	$ 38,786
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Policyholder Account Balance	$ 11,359	$ 10,647
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 5,644	$ 6,505
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	$ 12,394	$ 13,971
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	$ 615	$ 666
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	$ 6,635	$ 6,843
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]
Minimum credit rating (as a percent)	5%	5%
Policyholder Account Balance	$ 144	$ 154
Group Retirement | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	25,383	30,870
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,185	3,611
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	3,731	5,628
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	12,073	13,968
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	615	666
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	6,635	6,843
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	144	154
Group Retirement | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	3,797	2,157
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	2,344	1,427
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	1,242	727
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	211	3
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	7,611	5,759
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	6,830	5,609
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	671	150
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	110	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	$ 7,183	$ 7,402
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Policyholder Account Balance	$ 0	$ 0
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 478	$ 482
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	$ 1,946	$ 1,979
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	$ 1,692	$ 1,744
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	$ 2,851	$ 2,974
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]
Minimum credit rating (as a percent)	5%	5%
Policyholder Account Balance	$ 216	$ 223
Life Insurance | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	4,246	4,599
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	1
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	32
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	1,170	1,369
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	2,851	2,974
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	216	223
Life Insurance | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,483	1,140
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	132	129
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	855	831
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	496	180
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	1,454	1,663
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	346	352
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	1,082	1,116
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	195
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 - Funding arrangements (Details) $ in Millions	Dec. 31, 2023 USD ($)
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	$ 5,625
2024	146
2025-2026	401
2027-2028	4,557
Thereafter	521
Federal Home Loan Bank Of Dallas And New York
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	3,700
Pledged as collateral	8,700
Federal Home Loan Bank of Dallas | DNA Auction + 22 to 30 bps
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	3,357
2024	52
2025-2026	254
2027-2028	3,051
Thereafter	$ 0
Federal Home Loan Bank of Dallas | DNA Auction + 22 to 30 bps | Minimum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	0.22%
Federal Home Loan Bank of Dallas | DNA Auction + 22 to 30 bps | Maximum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	0.30%
Federal Home Loan Bank of Dallas | FHLB Dallas 3.53%
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	$ 2,027
2024	0
2025-2026	0
2027-2028	1,506
Thereafter	$ 521
Federal Home Loan Bank of Dallas | FHLB Dallas 3.53% | Minimum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	3.53%
Federal Home Loan Bank of Dallas | FHLB Dallas 3.53% | Maximum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	4.77%
Federal Home Loan Bank of New York
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	$ 241
2024	94
2025-2026	147
2027-2028	0
Thereafter	$ 0
Federal Home Loan Bank of New York | Minimum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	1.52%
Federal Home Loan Bank of New York | Maximum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	2.70%

Policyholder Contract Deposit_7

Policyholder Contract Deposits and Other Policyholder Funds - Other Policyholder Funds (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Insurance [Abstract]
Premium income (as a percent)	0.50%	0.70%
Policy earnings (as a percent)	0.90%	1.30%	1.70%

Policyholder Contract Deposit_8

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_9

Policyholder Contract Deposits and Other Policyholder Funds - Unearned revenue liability (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	$ 1,834	$ 1,811	$ 1,795
Revenue deferred	153	143	140
Amortization	(122)	(120)	(123)
Other, including foreign exchange			(1)
Balance, end of year	1,865	1,834	1,811
Other reconciling items	997	1,051	1,068
Other policyholder funds	2,862	2,885	2,879	$ 2,740
Life Insurance
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	1,727	1,693	1,661
Revenue deferred	153	143	140
Amortization	(110)	(109)	(108)
Other, including foreign exchange			0
Balance, end of year	1,770	1,727	1,693
Institutional Markets
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	2	2	2
Revenue deferred	0	0	0
Amortization	(1)	0	0
Other, including foreign exchange			0
Balance, end of year	1	2	2
Corporate and Other
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	105	116	132
Revenue deferred	0	0	0
Amortization	(11)	(11)	(15)
Other, including foreign exchange			(1)
Balance, end of year	$ 94	$ 105	$ 116

Market Risk Benefits - Balances

Market Risk Benefits - Balances and changes in market risk benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021	Dec. 31, 2020
Market Risk Benefit [Line Items]
Market risk benefit	$ 4,870	$ 4,034	$ 7,034		$ 8,563
MRB in an asset position					176
Reinsured MRB					162
Market risk benefit assets, at fair value	912	796		$ 338	338
Market risk benefit liabilities, at fair value	5,705	4,736		8,739
Effect of changes in future expected policyholder behavior	0	(20)	17
Change in fair value of market risk benefits attributable to changes in our own credit risk	4,793	3,940	6,889		8,401
Effect of changes in our own credit risk	(1,160)	(465)	(2,101)		2,327
As Previously Reported
Market Risk Benefit [Line Items]
Market risk benefit assets, at fair value		0		0
Market risk benefit liabilities, at fair value		0		$ 0
Change in fair value of market risk benefits attributable to changes in our own credit risk					0
Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Embedded Derivative Liability From Policyholder Contract Deposits
Market Risk Benefit [Line Items]
Change in fair value of market risk benefits attributable to changes in our own credit risk					6,471
Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Future Policy Benefits
Market Risk Benefit [Line Items]
Change in fair value of market risk benefits attributable to changes in our own credit risk					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]
Change in fair value of market risk benefits attributable to changes in our own credit risk					2,327
Effect Of Application Of Accounting Standards Update 2018-12, Adjustments For The Removal Of Shadow Adjustments
Market Risk Benefit [Line Items]
Change in fair value of market risk benefits attributable to changes in our own credit risk					(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]
Change in fair value of market risk benefits attributable to changes in our own credit risk					(1,367)
Individual Retirement
Market Risk Benefit [Line Items]
Market risk benefit	4,562	3,738	6,452		7,761
MRB in an asset position					176
Reinsured MRB					162
Market risk benefit liabilities, at fair value					7,937
Effect of changes in future expected policyholder behavior	(1)	(2)	53
Change in fair value of market risk benefits attributable to changes in our own credit risk	4,485	3,644	6,307		7,599
Effect of changes in our own credit risk	(1,072)	(441)	(1,934)		2,140
Individual Retirement | As Previously Reported
Market Risk Benefit [Line Items]
Change in fair value of market risk benefits attributable to changes in our own credit risk					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]
Change in fair value of market risk benefits attributable to changes in our own credit risk					5,894
Individual Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Future Policy Benefits
Market Risk Benefit [Line Items]
Change in fair value of market risk benefits attributable to changes in our own credit risk					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]
Change in fair value of market risk benefits attributable to changes in our own credit risk					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]
Change in fair value of market risk benefits attributable to changes in our own credit risk					(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]
Change in fair value of market risk benefits attributable to changes in our own credit risk					(1,275)
Group Retirement
Market Risk Benefit [Line Items]
Market risk benefit	308	296	582		802
MRB in an asset position					0
Reinsured MRB					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)	(36)
Change in fair value of market risk benefits attributable to changes in our own credit risk	308	296	582		802
Effect of changes in our own credit risk	$ (88)	$ (24)	$ (167)		187
Group Retirement | As Previously Reported
Market Risk Benefit [Line Items]
Change in fair value of market risk benefits attributable to changes in our own credit risk					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]
Change in fair value of market risk benefits attributable to changes in our own credit risk					577
Group Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Reclassification Of Future Policy Benefits
Market Risk Benefit [Line Items]
Change in fair value of market risk benefits attributable to changes in our own credit risk					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]
Change in fair value of market risk benefits attributable to changes in our own credit risk					187
Group Retirement | Effect Of Application Of Accounting Standards Update 2018-12, Adjustments For The Removal Of Shadow Adjustments
Market Risk Benefit [Line Items]
Change in fair value of market risk benefits attributable to changes in our own credit risk					(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]
Change in fair value of market risk benefits attributable to changes in our own credit risk					$ (92)

Market Risk Benefits - Rollforw

Market Risk Benefits - Rollforward of market risk benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Market Risk Benefit [Roll Forward]
Balance, beginning of year	$ 4,034	$ 7,034	$ 8,563
Balance, beginning of year, before effect of changes in our own credit risk	3,569	4,933	6,236
Issuances	718	288	275
Interest accrual	171	193	163
Attributed fees	866	934	879
Expected claims	(94)	(85)	(56)
Effect of changes in interest rates	(152)	(4,458)	(1,205)
Effect of changes in interest rate volatility	(72)	281	78
Effect of changes in equity markets	(1,345)	1,504	(1,617)
Effect of changes in equity index volatility	(19)	(74)	53
Actual outcome different from model expected outcome	195	161	114
Effect of changes in other future expected assumptions	(124)	(85)	0
Other, including foreign exchange	(3)	(3)	(4)
Balance, end of year, before effect of changes in our own credit risk	3,710	3,569	4,933
Effect of changes in our own credit risk	(1,160)	(465)	(2,101)	$ 2,327
Balance, end of year	4,870	4,034	7,034
Less: Reinsured MRB, end of period	(77)	(94)	(145)
Net	4,793	3,940	6,889	8,401
Combined
Net amount at risk
Net amount at risk	1,029	2,123	581
GMDB only
Net amount at risk
Net amount at risk	918	1,986	843
GMWB only
Net amount at risk
Net amount at risk	165	28	949
Individual Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	3,738	6,452	7,761
Balance, beginning of year, before effect of changes in our own credit risk	3,297	4,518	5,621
Issuances	681	263	247
Interest accrual	156	172	142
Attributed fees	803	864	805
Expected claims	(91)	(83)	(54)
Effect of changes in interest rates	(139)	(4,087)	(1,098)
Effect of changes in interest rate volatility	(69)	263	74
Effect of changes in equity markets	(1,236)	1,382	(1,414)
Effect of changes in equity index volatility	(14)	(75)	33
Actual outcome different from model expected outcome	188	164	106
Effect of changes in other future expected assumptions	(85)	(85)	0
Other, including foreign exchange	0	3	3
Balance, end of year, before effect of changes in our own credit risk	3,490	3,297	4,518
Effect of changes in our own credit risk	(1,072)	(441)	(1,934)	2,140
Balance, end of year	4,562	3,738	6,452
Less: Reinsured MRB, end of period	(77)	(94)	(145)
Net	$ 4,485	$ 3,644	$ 6,307	7,599
Net amount at risk
Average attained age of contract holders by product	70 years	70 years	70 years
Individual Retirement | Combined
Net amount at risk
Net amount at risk	$ 1,011	$ 2,084	$ 567
Individual Retirement | GMDB only
Net amount at risk
Net amount at risk	758	1,615	684
Individual Retirement | GMWB only
Net amount at risk
Net amount at risk	152	27	831
Group Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	296	582	802
Balance, beginning of year, before effect of changes in our own credit risk	272	415	615
Issuances	37	25	28
Interest accrual	15	21	21
Attributed fees	63	70	74
Expected claims	(3)	(2)	(2)
Effect of changes in interest rates	(13)	(371)	(107)
Effect of changes in interest rate volatility	(3)	18	4
Effect of changes in equity markets	(109)	122	(203)
Effect of changes in equity index volatility	(5)	1	20
Actual outcome different from model expected outcome	7	(3)	8
Effect of changes in other future expected assumptions	(39)	0	0
Other, including foreign exchange	(3)	(6)	(7)
Balance, end of year, before effect of changes in our own credit risk	220	272	415
Effect of changes in our own credit risk	(88)	(24)	(167)	187
Balance, end of year	308	296	582
Less: Reinsured MRB, end of period	0	0	0
Net	$ 308	$ 296	$ 582	$ 802
Net amount at risk
Average attained age of contract holders by product	64 years	64 years	63 years
Group Retirement | Combined
Net amount at risk
Net amount at risk	$ 18	$ 39	$ 14
Group Retirement | GMDB only
Net amount at risk
Net amount at risk	160	371	159
Group Retirement | GMWB only
Net amount at risk
Net amount at risk	$ 13	$ 1	$ 118

Market Risk Benefits - Schedule

Market Risk Benefits - Schedule of market risk benefits (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Market Risk Benefit [Line Items]
Asset	$ 912	$ 796
Liability	5,705	4,736
Net	4,793	3,940	$ 6,889	$ 8,401
Individual Retirement
Market Risk Benefit [Line Items]
Asset	740	661
Liability	5,225	4,305
Net	4,485	3,644	6,307	7,599
Group Retirement
Market Risk Benefit [Line Items]
Asset	172	135
Liability	480	431
Net	$ 308	$ 296	$ 582	$ 802

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Millions								12 Months Ended
		Sep. 15, 2022	Aug. 25, 2022	Aug. 23, 2022	Apr. 06, 2022	Feb. 25, 2022	Nov. 30, 2021	Dec. 31, 2023	Dec. 31, 2022
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Short-term debt								$ 250	$ 1,500
Total long-term debt								9,177	7,927
Debt issuance costs								(59)	(59)
Total debt, net of issuance costs								11,872	15,326
Debt of Consolidated Entities
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Long-Term Debt, Total	[1]							$ 2,504	5,958
Debt of Consolidated Entities | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)								0%
Debt of Consolidated Entities | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)								8.52%
Parent Company
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Short-term debt								$ 250	1,500
Total long-term debt								8,750	7,500
Debt issuance costs								(59)	(59)
Long-Term Debt, Total								8,691	7,441
Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Long-Term Debt, Total								9,118	7,868
CRBGLH notes | Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt								427
CoreBridge 3-Year DDTL Facility | Line of Credit | Senior unsecured notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Short-term debt								$ 250
CoreBridge 3-Year DDTL Facility | Line of Credit | Parent Company | Senior unsecured notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)		1%						6.46%
Short-term debt								$ 250	1,500
Debt instrument term (in years)		3 years	3 years		3 years	3 years	3 years	3 years
Senior Unsecured Notes | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Long-Term Debt, Total								$ 7,750
Senior Unsecured Notes | Line of Credit | Parent Company
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt								$ 7,750	6,500
Senior Unsecured Notes | Line of Credit | Parent Company | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)								3.50%
Senior Unsecured Notes | Line of Credit | Parent Company | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)								6.05%
Hybrid junior subordinated notes | CRBGLH notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)				6.875%
Debt instrument term (in years)				5 years
Long-Term Debt, Total								$ 1,000
Hybrid junior subordinated notes | CRBGLH notes | Parent Company
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)								6.875%
Total long-term debt								$ 1,000	1,000
CRBGLH notes | CRBGLH notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt								200	200
Long-Term Debt, Total								$ 200
CRBGLH notes | CRBGLH notes | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)								6.63%
CRBGLH notes | CRBGLH notes | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)								7.50%
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt								$ 227	$ 227
Long-Term Debt, Total								$ 227
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)								7.57%
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)								8.50%
[1] See Note 9

Debt - Schedule of maturities o

Debt - Schedule of maturities of debt (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Short-Term Debt Maturities
Short-term debt	$ 250	$ 1,500
Long-Term And Short Term Debt Maturities
Total debt, net of issuance costs	11,872	$ 15,326
Corebridge Debt
Long-Term And Short Term Debt Maturities
Total debt, net of issuance costs	9,427
2024	250
2025	1,101
2026	0
2027	1,250
2028	0
Thereafter	6,826
CoreBridge 3-Year DDTL Facility | Senior unsecured notes | Line of Credit
Short-Term Debt Maturities
2024	250
Short-term debt	250
Senior Unsecured Notes | Line of Credit
Long-Term Debt Maturities
Long-term debt	7,750
2024	0
2025	1,000
2026	0
2027	1,250
Thereafter	5,500
Hybrid junior subordinated notes | CRBGLH notes
Long-Term Debt Maturities
Long-term debt	1,000
2024	0
2025	0
2026	0
2027	0
2028	0
Thereafter	1,000
CRBGLH notes | CRBGLH notes
Long-Term Debt Maturities
Long-term debt	200
2024	0
2025	101
2026	0
2027	0
2028	0
Thereafter	99
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures
Long-Term Debt Maturities
Long-term debt	227
2024	0
2025	0
2026	0
2027	0
2028	0
Thereafter	$ 227

Debt - Senior and Unsecured Not

Debt - Senior and Unsecured Notes and Delayed Draw Term Loan (Details) - USD ($)								12 Months Ended
	Dec. 08, 2023	Sep. 15, 2023	Sep. 15, 2022	Aug. 25, 2022	Apr. 06, 2022	Feb. 25, 2022	Nov. 30, 2021	Dec. 31, 2023	Dec. 31, 2022	Apr. 05, 2022
Debt Instrument [Line Items]
Short-term debt								$ 250,000,000	$ 1,500,000,000
Parent Company
Debt Instrument [Line Items]
Short-term debt								250,000,000	1,500,000,000
Senior Notes Due 2025 | Line of Credit
Debt Instrument [Line Items]
2026										$ 1,000,000,000
Senior Notes Due 2027 | Line of Credit
Debt Instrument [Line Items]
2028										1,250,000,000
Senior Notes Due 2033 | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)		6.05%
Amount of debt issued		$ 500,000,000
Senior Notes Due 2034 | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)	5.75%
Amount of debt issued	$ 750,000,000
Senior unsecured notes | CoreBridge 18-Month DDTL Facility | Line of Credit
Debt Instrument [Line Items]
Debt instrument term (in years)					18 months	18 months
Maximum borrowing capacity						$ 6,000,000,000				$ 6,500,000,000
Senior unsecured notes | CoreBridge 3-Year DDTL Facility | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 1,500,000,000	$ 2,500,000,000	$ 3,000,000,000
Short-term debt								$ 250,000,000
Senior unsecured notes | CoreBridge 3-Year DDTL Facility | Line of Credit | Parent Company
Debt Instrument [Line Items]
Debt instrument term (in years)			3 years	3 years	3 years	3 years	3 years	3 years
Interest rate (as a percent)			1%					6.46%
Short-term debt								$ 250,000,000	$ 1,500,000,000
Senior unsecured notes | Senior Notes Due 2025 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										3.50%
Senior unsecured notes | Senior Notes Due 2027 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										3.65%
Senior unsecured notes | Senior Notes Due 2029 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										3.85%
Amount of debt issued										$ 1,000,000,000
Senior unsecured notes | Senior Notes Due 2032 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										3.90%
Amount of debt issued										$ 1,500,000,000
Senior unsecured notes | Senior Notes Due 2042 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										4.35%
Amount of debt issued										$ 500,000,000
Senior unsecured notes | Senior Notes Due 2052 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										4.40%
Amount of debt issued										$ 1,250,000,000
Senior unsecured notes | Three Year DDTL Facility | Line of Credit
Debt Instrument [Line Items]
Repayments of loan	$ 750,000,000	$ 500,000,000
Letter of credit								$ 250,000,000

Debt - Hybrid Junior Subordinat

Debt - Hybrid Junior Subordinated Notes (Details) - Hybrid junior subordinated notes - CRBGLH notes	Aug. 23, 2022 USD ($)
Debt Instrument [Line Items]
Amount of debt issued	$ 1,000,000,000
Interest rate (as a percent)	6.875%
Interest rate and payment reset period (in years)	5 years
Debt instrument term (in years)	5 years

Debt - Affiliated Notes (Detail

Debt - Affiliated Notes (Details)			1 Months Ended	12 Months Ended
	Jun. 23, 2022 GIP (£)	Oct. 01, 2021 USD ($)	Feb. 28, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Nov. 30, 2021 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2013 USD ($)
Debt Instrument [Line Items]
Short-term debt					$ 250,000,000	$ 1,500,000,000
Parent Company
Debt Instrument [Line Items]
Short-term debt					$ 250,000,000	$ 1,500,000,000
Affiliated Senior Promissory Note Maturing 2022 | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Short-term debt							$ 8,300,000,000
Affiliated Senior Promissory Note Maturing 2022 | Hybrid junior subordinated notes | Parent Company
Debt Instrument [Line Items]
Basis points							1%
Lexington Note | CRBGLH notes
Debt Instrument [Line Items]
Amount of debt issued								$ 250,000,000
Interest expense on debt				$ 400,000
Repayments of long term debt			$ 254,000,000
AIG Life Note
Debt Instrument [Line Items]
Proceeds from issuance of note | £	£ 10,000,000
AIG Europe SA Note | CRBGLH notes
Debt Instrument [Line Items]
Amount of debt issued									$ 17,000,000
Interest expense on debt				$ 300,000
Repayments of long term debt		$ 9,000,000

Debt - CRBGLH Notes and Junior

Debt - CRBGLH Notes and Junior Subordinated Debentures (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Total long-term debt	$ 9,177	$ 7,927
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures
Debt Instrument [Line Items]
Total long-term debt	227	227
CRBGLH notes | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	200	$ 200
AIGLH Junior Subordinated Debt, Due July 2030 | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	$ 54
Interest rate (as a percent)	8.50%
AIGLH Junior Subordinated Debt, Due March 2046 | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	$ 142
Interest rate (as a percent)	8.125%
AIGLH Junior Subordinated Debt, Due December 2045 | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	$ 31
Interest rate (as a percent)	7.57%
Consolidated Entities, Excluding Consolidated Investments | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	$ 427

Debt - Debt Cash Tender Offers

Debt - Debt Cash Tender Offers (Details) - CRBGLH junior subordinated debentures $ in Millions	12 Months Ended
	Dec. 31, 2021 USD ($)
Debt Instrument [Line Items]
Extinguishment of debt	$ 216
Repayments of long term debt	$ 312

Debt - Revolving Credit Agreeme

Debt - Revolving Credit Agreement (Details) - Line of Credit - Revolving Credit Facility - Credit Agreement	May 12, 2022 USD ($)
Debt Instrument [Line Items]
Debt instrument term (in years)	5 years
Current borrowing capacity	$ 2,500,000,000
Increase in borrowing capacity	$ 500,000,000
NYFRB
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	0.50%
Maximum
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 3,000,000,000
Maximum | Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	1%
Minimum | Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	0.10%

Debt - Letter of Credits (Detai

Debt - Letter of Credits (Details) - Letter of Credit - Line of Credit	Sep. 22, 2023 GIP (£)	May 25, 2023 USD ($)	May 24, 2023 USD ($)	Feb. 17, 2023 GIP (£)	Jul. 28, 2022 USD ($) lineOfCredit	Jul. 28, 2022 GIP (£) lineOfCredit	May 12, 2022 USD ($)	May 09, 2022 USD ($)
AIG Life Letter Of Credit
Line of Credit Facility [Line Items]
Number of letters of credit | lineOfCredit					2	2
Letter of credit | £	£ 20,000,000			£ 26,000,000		£ 80,000,000
AIG Bermuda
Line of Credit Facility [Line Items]
Letter of credit		$ 175,000,000	$ 125,000,000				$ 175,000,000	$ 250,000,000
Long-term debt					$ 250,000,000

Debt - Consolidated Investment

Debt - Consolidated Investment Entities Credit Facilities (Details) - Line of Credit - Revolving Credit Facility - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Consolidated Investment Entities Credit Facilities
Line of Credit Facility [Line Items]
Current borrowing capacity	$ 250,000,000
Maximum borrowing capacity	450,000,000
Line of credit	$ 43,000,000
Consolidated Investment Entities Credit Facilities | Maximum
Line of Credit Facility [Line Items]
Debt instrument term (in years)	7 years
Consolidated Investment Entities Credit Facilities Real Estate Assets
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 396,000,000
Line of credit	$ 231,000,000
Consolidated Investment Entities Credit Facilities Real Estate Assets | Minimum
Line of Credit Facility [Line Items]
Debt instrument term (in years)	1 year	1 year

Separate Account Assets and L_3

Separate Account Assets and Liabilities - Separate account assets (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 91,005	$ 84,853
Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	55,538	48,866
Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	8,676	9,250
Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	25,166	24,764
Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,625	1,973
Individual Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	47,893	45,178
Individual Retirement | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	25,451	22,990
Individual Retirement | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	4,037	3,802
Individual Retirement | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	17,711	17,663
Individual Retirement | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	694	723
Group Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	38,188	34,361
Group Retirement | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	28,675	24,608
Group Retirement | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	3,292	4,081
Group Retirement | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	5,479	5,113
Group Retirement | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	742	559
Life Insurance
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	932	799
Life Insurance | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	819	687
Life Insurance | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	44	46
Life Insurance | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	53	49
Life Insurance | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	16	17
Institutional Markets
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	3,992	4,515
Institutional Markets | Equity Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	593	581
Institutional Markets | Bond Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,303	1,321
Institutional Markets | Balanced Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,923	1,939
Institutional Markets | Money Market Funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 173	$ 674

Separate Account Assets and L_4

Separate Account Assets and Liabilities - separate account liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	$ 84,853	$ 109,111	$ 100,290
Premiums and deposits	2,859	4,137	6,185
Policy charges	(1,824)	(1,937)	(2,041)
Surrenders and withdrawals	(7,537)	(5,925)	(7,388)
Benefit payments	(1,476)	(1,576)	(1,687)
Investment performance	14,067	(18,860)	14,120
Net transfers from (to) general account and other	63	(97)	(368)
Separate accounts balance, end of period	91,005	84,853	109,111
Cash surrender value	89,808	83,588	107,655
Individual Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	45,178	57,927	53,456
Premiums and deposits	1,408	2,420	4,081
Policy charges	(1,241)	(1,325)	(1,368)
Surrenders and withdrawals	(3,744)	(3,320)	(4,261)
Benefit payments	(844)	(898)	(1,039)
Investment performance	6,933	(9,861)	6,743
Net transfers from (to) general account and other	203	235	315
Separate accounts balance, end of period	47,893	45,178	57,927
Cash surrender value	46,911	44,124	56,727
Group Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	34,361	45,138	41,310
Premiums and deposits	1,374	1,611	1,979
Policy charges	(441)	(461)	(523)
Surrenders and withdrawals	(3,047)	(2,452)	(3,013)
Benefit payments	(557)	(613)	(615)
Investment performance	6,666	(8,479)	6,711
Net transfers from (to) general account and other	(168)	(383)	(711)
Separate accounts balance, end of period	38,188	34,361	45,138
Cash surrender value	37,992	34,169	44,909
Life Insurance
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	799	1,044	912
Premiums and deposits	36	37	49
Policy charges	(49)	(51)	(52)
Surrenders and withdrawals	(25)	(22)	(32)
Benefit payments	(7)	(6)	(10)
Investment performance	181	(201)	180
Net transfers from (to) general account and other	(3)	(2)	(3)
Separate accounts balance, end of period	932	799	1,044
Cash surrender value	911	777	1,026
Institutional Markets
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	4,515	5,002	4,612
Premiums and deposits	41	69	76
Policy charges	(93)	(100)	(98)
Surrenders and withdrawals	(721)	(131)	(82)
Benefit payments	(68)	(59)	(23)
Investment performance	287	(319)	486
Net transfers from (to) general account and other	31	53	31
Separate accounts balance, end of period	3,992	4,515	5,002
Cash surrender value	$ 3,994	$ 4,518	$ 4,993

Contingencies, Commitments an_3

Contingencies, Commitments and Guarantees - Lease commitments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Lease liability, balance sheet location	Other liabilities	Other liabilities
Right of use asset, balance sheet location	Other assets	Other assets
Net lease liabilities	$ 26	$ 43
Right of use asset	20	36
Operating Lease, Lease Income, Lease Payments	$ 18	20
Leases, weighted average discount rate	4.40%
Leases, weighted average lease term	4 years 29 days
Rent expense	$ 17	$ 33	$ 21

Contingencies, Commitments an_4

Contingencies, Commitments and Guarantees - Schedule of future undiscounted cash flows (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
2024	$ 9
2025	7
2026	6
2027	3
2028	2
Remaining years after 2028	1
Total undiscounted lease payments	28
Less: Present value adjustment	2
Net lease liabilities	$ 26	$ 43

Contingencies, Commitments an_5

Contingencies, Commitments and Guarantees - Other Commitments (Details) - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Other Commitments [Line Items]
Other commitments	$ 4.4
Minimum capital contributed (as a percent)	250%	250%
Promissory Notes
Other Commitments [Line Items]
Debt instrument term (in years)	5 years
Principal amount collateral (AS a percent)	100%
Net present value of interest payments (as a percent)	100%

Equity - Dividends (Details)

Equity - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions									12 Months Ended
	Feb. 14, 2024	Dec. 29, 2023	Oct. 31, 2023	Sep. 29, 2023	Jun. 30, 2023	Jun. 01, 2023	Mar. 31, 2023	Nov. 01, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Dividends [Line Items]
Distributed dividends										$ 876
Dividends									$ 1,722	$ 876
AIG Shareholders
Dividends [Line Items]
Distributed dividends to AIG								$ 8,300			$ 13,100
AIG Shareholders | Cap Corp
Dividends [Line Items]
Distributed dividends to AIG											$ 536
Subsequent Event
Dividends [Line Items]
Dividend declared (in USD per share)	$ 0.23
Dividend Declared November 2, 2023
Dividends [Line Items]
Common stock dividend (USD per share)		$ 0.23
Dividend Declared October 31, 2023
Dividends [Line Items]
Common stock dividend (USD per share)			$ 1.16
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)			$ 1.16			$ 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 - Rollforward of Common

Equity - Rollforward of Common Stock (Details) - USD ($)	1 Months Ended	8 Months Ended	12 Months Ended
	Feb. 08, 2024	Dec. 31, 2023	Dec. 31, 2023	May 04, 2023	Dec. 31, 2022
Common Stock Rollforward [Roll Forward]
Common Stock issued, beginning balance (in shares)	648,148,737		645,000,000
Treasury Stock, beginning balance (in shares)	(26,484,411)		0
Common Stock outstanding, beginning balance (in shares)	621,664,326		645,000,000
Shares issued under long-term incentive compensation plans (in shares)			3,148,737
Common stock		$ 6,000,000	$ 6,000,000		$ 6,000,000
Shares repurchased (in shares)			26,484,411
Common Stock issued, ending balance (in shares)		648,148,737	648,148,737
Treasury Stock, ending balance (in shares)		(26,484,411)	(26,484,411)
Common Stock outstanding, ending balance (in shares)		621,664,326	621,664,326
Stock repurchase program, authorized amount				$ 1,000,000,000
Purchase of common stock			$ 503,000,000
Subsequent Event
Common Stock Rollforward [Roll Forward]
Remaining share repurchase authorization	$ 475,000,000
Total common stock
Common Stock Rollforward [Roll Forward]
Common Stock issued, beginning balance (in shares)	648,148,737		645,000,000
Shares issued under long-term incentive compensation plans (in shares)			3,148,737
Common Stock issued, ending balance (in shares)		648,148,737	648,148,737
Treasury Stock
Common Stock Rollforward [Roll Forward]
Treasury Stock, beginning balance (in shares)	(26,484,411)		0
Common stock		$ 0	$ 0
Shares repurchased (in shares)			26,484,411
Treasury Stock, ending balance (in shares)		(26,484,411)	(26,484,411)
Shares repurchased (in shares)		(26,500,000)
Purchase of common stock		$ 498,000,000	$ 503,000,000
Treasury Stock | Subsequent Event
Common Stock Rollforward [Roll Forward]
Shares repurchased (in shares)	1,200,000
Purchase of common stock	$ 27,000,000

Equity - Retained earnings (Det

Equity - Retained earnings (Details) - USD ($) $ in Millions		12 Months Ended
	Nov. 01, 2021	Dec. 31, 2022	Dec. 31, 2021
Dividends [Line Items]
Distributed dividends		$ 876
AIG Shareholders
Dividends [Line Items]
Distributed dividends to AIG	$ 8,300		$ 13,100
AIG Shareholders | Cap Corp
Dividends [Line Items]
Distributed dividends to AIG			$ 536

Equity - Rollforward of Accumul

Equity - Rollforward of Accumulated other comprehensive income (loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	$ 10,319	$ 28,989	$ 39,781
Change in unrealized depreciation of investments (a)	5,990	(40,401)
Change in fair value of market risk benefits attributable to changes in our own credit risk	(695)	1,635	226
Change in discount rates assumptions of certain liabilities	(1,029)	6,746	1,719
Change in future policy benefits and other	(358)	1,822
Change in cash flow hedges	(16)	203
Change in foreign currency translation adjustments	39	(109)	(22)
Change in net actuarial loss	(7)	2	1
Change in deferred tax asset (liability)	(508)	4,996	984
Other comprehensive income (loss)	3,416	(25,106)	(4,091)
Balance, end of period	12,635	10,319	28,989
Effect of Change
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			(1,157)
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(16,863)	8,233	14,653
Other comprehensive income (loss)	3,405	(25,096)	(4,091)
Balance, end of period	(13,458)	(16,863)	8,233
Total | Effect of Change
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			(2,349)
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(92)	(31)	(62)
Other comprehensive income (loss)	13	(61)	31
Balance, end of period	(79)	(92)	(31)
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(19,380)	12,315	14,698
Other comprehensive income (loss)	4,730	(31,695)	(5,638)
Other			20
Balance, end of period	(14,650)	(19,380)	12,315
Unrealized Appreciation (Depreciation) of All Other Investments | Effect of Change
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			3,235
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	(365)	(1,659)	0
Other comprehensive income (loss)	(544)	1,294	179
Balance, end of period	(909)	(365)	(1,659)
Change in fair value of market risk benefits attributable to changes in our own credit risk | Effect of Change
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			(1,838)
Change in unrealized depreciation of investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in unrealized depreciation of investments (a)			(7,457)
Other comprehensive income (loss)	4,730	(31,695)	(5,638)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	2,908	(2,390)	0
Other comprehensive income (loss)	(813)	5,298	1,356
Balance, end of period	2,095	2,908	(2,390)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts | Effect of Change
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period			(3,746)
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	157	0	0
Other comprehensive income (loss)	(11)	157	0
Balance, end of period	146	157	0
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(100)	(9)	11
Other comprehensive income (loss)	48	(101)	(20)
Balance, end of period	(63)	(100)	(9)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	9	7	6
Other comprehensive income (loss)	(7)	2	1
Balance, end of period	2	9	7
Noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Other			20
Noncontrolling interests	11	(10)	0
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	11	(10)	0
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in unrealized depreciation of investments (a)	28	(78)	39
Change in future policy benefits and other	(11)
Change in deferred tax asset (liability)	(4)	17	(8)
Other comprehensive income (loss)	13	(61)	31
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)	5,962	(40,323)	(7,496)
Change in future policy benefits and other	(347)	1,822
Change in deferred tax asset (liability)	(885)	6,806	1,400
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]
Change in fair value of market risk benefits attributable to changes in our own credit risk	(695)	1,635	226
Change in deferred tax asset (liability)	151	(341)	(47)
Other comprehensive income (loss)	(544)	1,294	179
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	(1,029)	6,746	1,719
Change in deferred tax asset (liability)	216	(1,448)	(363)
Other comprehensive income (loss)	(813)	5,298	1,356
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in cash flow hedges	(16)	203
Change in deferred tax asset (liability)	5	(46)
Other comprehensive income (loss)	(11)	157	0
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in foreign currency translation adjustments	39	(109)	(22)
Change in deferred tax asset (liability)	9	8	2
Other comprehensive income (loss)	48	(101)	(20)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in net actuarial loss	(7)	2	1
Change in deferred tax asset (liability)	0
Other comprehensive income (loss)	$ (7)	$ 2	1
Change in future policy benefits and other
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in future policy benefits and other			$ 458

Equity - Schedule of OCI reclas

Equity - Schedule of OCI reclassification adjustments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	$ 174
Other comprehensive income (loss)	3,416	$ (25,106)	$ (4,091)
Reinsurance Recoverable, Allowance for Credit Loss, Period Increase (Decrease)	0	(25)	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	0	(89)	39
Less: Reclassification adjustments included in net income	(17)	(11)	0
Total other comprehensive income (loss), before income tax expense (benefit)	17	(78)	39
Less: Income tax expense (benefit)	4	(17)	8
Other comprehensive income (loss)	13	(61)	31
Change in unrealized depreciation of investments
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	5,281	(39,049)	(6,290)
Less: Reclassification adjustments included in net income	(334)	(548)	748
Total other comprehensive income (loss), before income tax expense (benefit)	5,615	(38,501)	(7,038)
Less: Income tax expense (benefit)	885	(6,806)	(1,400)
Other comprehensive income (loss)	4,730	(31,695)	(5,638)
Change in fair value of market risk benefits attributable to changes in our own credit risk
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	(695)	1,635	226
Less: Reclassification adjustments included in net income	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(695)	1,635	226
Less: Income tax expense (benefit)	(151)	341	47
Other comprehensive income (loss)	(544)	1,294	179
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	(1,029)	6,746	1,719
Less: Reclassification adjustments included in net income	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(1,029)	6,746	1,719
Less: Income tax expense (benefit)	(216)	1,448	363
Other comprehensive income (loss)	(813)	5,298	1,356
Cash Flow Hedges
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	(16)	203	0
Less: Reclassification adjustments included in net income	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(16)	203	0
Less: Income tax expense (benefit)	(5)	46	0
Other comprehensive income (loss)	(11)	157	0
Foreign Currency Translation Adjustments
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	39	(109)	(21)
Less: Reclassification adjustments included in net income	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	39	(109)	(21)
Less: Income tax expense (benefit)	(9)	(8)	(1)
Other comprehensive income (loss)	48	(101)	(20)
Retirement Plan Liabilities Adjustment
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	0	2	1
Less: Reclassification adjustments included in net income	7	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(7)	2	1
Less: Income tax expense (benefit)	0	0	0
Other comprehensive income (loss)	(7)	2	1
Total Corebridge Shareholders' Equity
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months			(4,326)
Less: Reclassification adjustments included in net income			748
Total other comprehensive income (loss), before income tax expense (benefit)			(5,074)
Less: Income tax expense (benefit)			(983)
Other comprehensive income (loss)	3,405	(25,096)	$ (4,091)
Noncontrolling interests
Other Comprehensive Income (Loss) Reclassification Adjustments
Amounts to be reclassified in the next twelve months	3,580	(30,661)
Less: Reclassification adjustments included in net income	(344)	(559)
Total other comprehensive income (loss), before income tax expense (benefit)	3,924	(30,102)
Less: Income tax expense (benefit)	$ 508	$ (4,996)

Equity - Reclassification of si

Equity - Reclassification of significant items out of accumulated other comprehensive income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reclassification of significant items out of Accumulated Other Comprehensive Income
Total net realized gains (losses)	$ (3,572)	$ 6,091	$ 1,752
Net income (loss)	1,036	8,479	9,172
Total benefits and expenses	17,938	14,206	12,003
Net income (loss) attributable to Corebridge	1,104	8,159	8,243
Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net income (loss) attributable to Corebridge	(344)	(559)	748
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)	(17)	(11)	0
Net income (loss)	(17)	(11)	0
Unrealized appreciation (depreciation) of all other investments | Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Total net realized gains (losses)	(334)	(548)	748
Net income (loss)	(334)	(548)	748
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent | Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Total benefits and expenses	7	0	0
Retirement Plan Liabilities Adjustment | Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net income (loss)	$ 7	$ 0	$ 0

Equity - Nonredeemable Noncontr

Equity - Nonredeemable Noncontrolling Interest (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Nonredeemable Controlling Interest [Line Items]
Stockholders' Equity Attributable to Noncontrolling Interest	$ 869	$ 939
Distributions to noncontrolling interests	91	1,181	$ 1,611
Non- Redeemable Noncontrolling Interests
Nonredeemable Controlling Interest [Line Items]
Distributions to noncontrolling interests	91	1,181	1,611
Non- Redeemable Noncontrolling Interests | Non-Redeemable Noncontrolling Interest
Nonredeemable Controlling Interest [Line Items]
Stockholders' Equity Attributable to Noncontrolling Interest	869	939	1,759	$ 2,549
Distributions to noncontrolling interests	91	1,181	1,611
Net income attributable to redeemable noncontrolling interest	(68)	320	929
Other comprehensive loss, net of tax	11	(10)	0
Changes in noncontrolling interests due to divestitures and acquisitions	(19)	(104)	373
Contributions from noncontrolling interests	96	155	264
Other	$ 1	$ 0	$ 1

Equity - Non-redeemable and red

Equity - Non-redeemable and redeemable noncontrolling interest (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	$ 939
Distributions to noncontrolling interests	(91)	$ (1,181)	$ (1,611)
Ending balance	869	939
Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Distributions to noncontrolling interests	(91)	(1,181)	(1,611)
Non-Redeemable Noncontrolling Interest | Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	939	1,759	2,549
Net income attributable to redeemable noncontrolling interest	(68)	320	929
Other comprehensive loss, net of tax	11	(10)	0
Changes in noncontrolling interests due to divestitures and acquisitions	(19)	(104)	373
Distributions to noncontrolling interests	(91)	(1,181)	(1,611)
Contributions from noncontrolling interests	96	155	264
Other	1	0	1
Ending balance	869	939	1,759
Redeemable Noncontrolling Interest
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	$ 0	83	51
Distributions to noncontrolling interests		(83)	0
Contributions from noncontrolling interests		0	(32)
Net income attributable to redeemable noncontrolling interest		0	0
Ending balance		$ 0	$ 83

Earnings Per Common Share - Nar

Earnings Per Common Share - Narrative (Details)		1 Months Ended
	Sep. 06, 2022 shares	Sep. 30, 2022 shares	Dec. 31, 2023 shares	Dec. 31, 2022 shares	Nov. 02, 2021 shares
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Common stock outstanding (in shares)			621,664,326	645,000,000
Stock split ratio		6,450
Stock issued during stock split (in shares)	100,000	645,000,000
Corebridge Financial | Blackstone
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Ownership percentage (as a percent)					9.90%
Common Stock Class A
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Stock issued during stock split (in shares)	90,100
Common Stock Class B
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Stock issued during stock split (in shares)	9,900
Common Stock Class B | Corebridge Financial | Blackstone
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Common stock outstanding (in shares)					63,855,000

Earnings Per Common Share - Sch

Earnings Per Common Share - Schedule of EPS (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income (loss)	$ 1,036	$ 8,479	$ 9,172
Net income (loss) attributable to noncontrolling interests	(68)	320	929
Net income (loss) attributable to Corebridge common shareholders	$ 1,104	$ 8,159
Basic (in shares)	643,300,000	646,100,000
Dilutive common shares (in shares)	1,900,000	1,300,000
Weighted average common shares outstanding - diluted (in shares)	645,200,000	647,400,000
Basic (in dollars per share)	$ 1.72	$ 12.63
Diluted (in dollars per share)	$ 1.71	$ 12.60
Number of shares excluded from diluted shares outstanding because the effect would have been anti-dilutive (in shares)	900,000	41,000
Common Stock Class A
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income (loss) attributable to Corebridge common shareholders			$ 7,658
Basic (in shares)			581,100,000
Weighted average common shares outstanding - diluted (in shares)			581,100,000
Basic (in dollars per share)			$ 13.18
Diluted (in dollars per share)			$ 13.18
Common Stock Class B
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income (loss) attributable to Corebridge common shareholders			$ 584
Basic (in shares)			63,900,000
Weighted average common shares outstanding - diluted (in shares)			63,900,000
Basic (in dollars per share)			$ 9.14
Diluted (in dollars per share)			$ 9.14

Statutory Financial Data and _3

Statutory Financial Data and Restrictions - Schedule of Statutory Financial Data and Restrictions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	$ 3,303	$ 3,095	$ 2,584
Statutory capital and surplus	15,219	12,705
Aggregate minimum required statutory capital and surplus	4,248	4,246
Domestic
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	3,354	3,091	2,588
Statutory capital and surplus	14,752	12,229
Aggregate minimum required statutory capital and surplus	4,025	4,057
Foreign
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	(51)	4	$ (4)
Statutory capital and surplus	467	476
Aggregate minimum required statutory capital and surplus	$ 223	$ 189

Statutory Financial Data and _4

Statutory Financial Data and Restrictions - Narrative (Details) - USD ($)				12 Months Ended
	Oct. 01, 2022	Dec. 31, 2020	Oct. 01, 2020	Dec. 31, 2023	Dec. 31, 2022	May 25, 2023	May 24, 2023	Jul. 28, 2022	May 12, 2022	May 09, 2022
Statutory Accounting Practices [Line Items]
Reinsurance agreement term (in years)	25 years	20 years	25 years
Distributed dividends					$ 876,000,000
Letter of Credit | AIG Bermuda | Line of Credit
Statutory Accounting Practices [Line Items]
Long-term debt								$ 250,000,000
Letter of credit						$ 175,000,000	$ 125,000,000		$ 175,000,000	$ 250,000,000
AGL
Statutory Accounting Practices [Line Items]
Distributed dividends				$ 1,500,000,000
Corebridge
Statutory Accounting Practices [Line Items]
Distributed dividends				4,200,000,000
Life Insurance Companies
Statutory Accounting Practices [Line Items]
Increase in statutory surplus due to permitted practice				$ 1,700,000,000	$ 1,000,000,000

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Schedule of share-based compensation expense recognized in Consolidated Statements of Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Share-based compensation expense - pre-tax(a)	$ 60	$ 75	$ 88
Share-based compensation expense - after tax(b)	$ 48	$ 59	$ 70

Share-Based Compensation Plan_3

Share-Based Compensation Plans - Summary of outstanding share-settled RSU grants (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Weighted Average Grant Date Fair Value*
Vested stock-settled awards issued to retirement eligible employees	$ 24	$ 25	$ 17
Restricted Stock Units (RSUs)
Number of Units
Unvested, beginning of year (in shares)	6,537,155	0
Granted (in shares)	2,907,967	10,328,220
Vested (in shares)	(4,725,911)	(3,674,973)
Forfeited (in shares)	(565,681)	(116,092)
Unvested, end of year (in shares)	4,153,530	6,537,155	0
Weighted Average Grant Date Fair Value*
Unvested, beginning of year (in dollars per share)	$ 21	$ 0
Granted (in dollars per share)	19.81	21
Vested (in dollars per share)	18.70	21
Forfeited (in dollars per share)	19.07	21
Unvested, end of year (in dollars per share)	$ 19.64	$ 21	$ 0

Share-Based Compensation Plan_4

Share-Based Compensation Plans - Narrative (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($)	Sep. 14, 2022 $ / shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share price (in USD per share) | $ / shares				$ 54.20
Number of shares authorized (in shares) | shares	40,000,000
Conversion ratio	2.580952
Weighted average grant date fair value of stock options (in USD per share) | $ / shares	$ 5.93
Share-based compensation expense - pre-tax, recognized	$ 60	$ 75	$ 88
Unrecognized compensation expense	1
Restricted Stock Units (RSUs)
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation cost related to grants	$ 35
Granted (in shares) | shares	2,907,967	10,328,220
Deferred Stock Units (DSUs)
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation expense - pre-tax, recognized	$ 1
Granted (in shares) | shares	71,356
Stock Options
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation expense - pre-tax, recognized	$ 3
Vesting period	2 years 3 months
Initial Public Offering
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share price (in USD per share) | $ / shares				$ 21
Minimum | Restricted Stock Units (RSUs)
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average period (in years)	1 year
AIG 2013 Long Term Incentive Plan | Awarded 2018 to 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Performance period (in years)			3 years
AIG 2013 Long Term Incentive Plan | Minimum | Awarded 2018 to 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Percentage of performance period depending on which actual number of awards can be earned	0%	0%	0%
AIG 2013 Long Term Incentive Plan | Maximum | Awarded 2018 to 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Percentage of performance period depending on which actual number of awards can be earned	200%	200%	200%

Share-Based Compensation Plan_5

Share-Based Compensation Plans - Schedule of weighted-average assumptions (Details) - Stock Options	12 Months Ended
	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected dividend yield	4.63%
Expected volatility	43.26%
Risk-free interest rate	4.03%
Expected term	6 years
Expected volatility term	24 months
Contractual term of the option	10 years

Share-Based Compensation Plan_6

Share-Based Compensation Plans - Schedule of stock option activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Units
Outstanding, beginning of year (in shares)	0
Granted (in shares)	826,025
Exercised (in shares)	0
Forfeited (in shares)	(105,348)
Outstanding, end of year (in shares)	720,677	0
Exercisable, end of year (in shares)	393,961
Weighted Average Exercise Price
Outstanding, beginning of year (in dollars per share)	$ 0
Granted (in dollars per share)	19.95
Exercised (in dollars per share)	0
Forfeited (in dollars per share)	20.30
Outstanding, end of year (in dollars per share)	20.12	$ 0
Exercisable, end of year (in dollars per share)	$ 20.30
Stock Option Activity, Additional Disclosures
Weighted Average Remaining Contractual Life, options outstanding	9 years 1 month 13 days	0 years
Weighted Average Remaining Contractual Life, options exercisable, end of year (years)	9 years 29 days
Aggregate Intrinsic Value, options outstanding, beginning of year	$ 0
Aggregate Intrinsic Value, options outstanding, end of year	1,270	$ 0
Aggregate Intrinsic Value, options exercisable, end of year	$ 540

Employee Benefits - Narrative (

Employee Benefits - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pension
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost (credit)	$ 300,000	$ 27,000,000	$ 52,000,000
Projected benefit obligation		15,000,000
Assets		22,000,000
Postretirement benefit plans
Defined Benefit Plan Disclosure [Line Items]
Contribution expense	1,000,000	1,000,000	3,000,000
Projected benefit obligation	$ 33,000,000	37,000,000
Postretirement benefit plans | United States
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan eligibility age (in years)	55 years
Defined benefit plan requisite service period (in years)	10 years
Postretirement Health Coverage | United States
Defined Benefit Plan Disclosure [Line Items]
Contribution expense	$ 68,000,000	76,000,000	74,000,000
Defined benefit plan requisite service period (in years)	5 years
Postretirement Health Coverage | Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Contributions to defined benefit plan	$ 7,000,000	$ 8,000,000	$ 8,000,000

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Valuation Allowance [Line Items]
Effective income tax rate (as a percent)		(10.20%)	19.20%
U.S. federal income tax at statutory rate (as a percent)		21%	21%	21%
Reclassifications from accumulated other comprehensive income		$ 52	$ 84	$ 108
Noncontrolling interest		(14)	67	197
Adjustments to prior year tax returns		(67)	(48)	(3)
Adjustments to deferred tax assets		(40)	0	0
Dividends received deduction		59	36	37
Valuation allowance		11	157	26
Tax deconsolidation and separation costs		$ 0	$ (104)	$ 0
Consolidated total amount (as a percent)		(10.20%)	19.20%	18.50%
Uncertain tax positions		$ 0	$ 2	$ (69)
State and local income taxes		12	24	105
Federal operating loss carryforward	$ 133	133
CAMT credit carryforwards	215	215
Net operting loss carryforwards with expirations in 2028	101	101
Valuation allowance related to certain tax attribute carryforward	162	162
Unrecognized tax benefits, excluding interest and penalties	20	20	20	18	$ 917
Increase (decrease) in unrecognized tax benefits				846
Accrued liabilities	0	0	0	0
Interest activity related to unrecognized tax benefits		0	0
Unrecognized tax benefits that would impact effective tax rate	20	20	20	18
Valuation allowance	1,372	1,372	1,752
Laya And AIG Life
Valuation Allowance [Line Items]
Tax deconsolidation and separation costs		(95)
Tax Credit Carryforward
Valuation Allowance [Line Items]
Valuation allowance			$ 157	18
U.S.. Life Insurance Companies
Valuation Allowance [Line Items]
Increase (decrease) in valuation allowance	397
Valuation allowance	$ 1,000	$ 1,000
Corebridge
Valuation Allowance [Line Items]
Increase (decrease) in unrecognized tax benefits				$ 26
Corebridge | Maximum | AIG
Valuation Allowance [Line Items]
Ownership percentage (as a percent)	80%	80%

Income Taxes - Schedule of inco

Income Taxes - Schedule of income (loss) from continuing operations before income tax expense (benefit) by U.S. and foreign location (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
U.S.	$ 972	$ 10,449	$ 10,600
Foreign	(32)	42	654
Income before income tax expense (benefit)	$ 940	$ 10,491	$ 11,254

Income Taxes - Schedule of in_2

Income Taxes - Schedule of income tax expense (benefit) attributable to pre-tax income (loss) from continuing operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Current federal tax expense (benefit)	$ 311	$ 868	$ 1,943
Deferred federal income tax expense (benefit)	(400)	1,150	146
Current foreign tax expense (benefit)	(5)	10	3
Deferred foreign income tax expense (benefit)	(2)	(16)	(10)
Income tax expense (benefit)	$ (96)	$ 2,012	$ 2,082

Income Taxes - Schedule of reco

Income Taxes - Schedule of reconciliation between actual income tax (benefit) expense and statutory U.S. federal amount computed by applying the federal income tax rate (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Consolidated total amount, pre-tax income (loss)	$ 940	$ 10,491	$ 11,254
U.S. federal income tax at statutory rate	$ 197	$ 2,203	$ 2,363
U.S. federal income tax at statutory rate (as a percent)	21%	21%	21%
Uncertain tax positions	$ 0	$ 2	$ (69)
Uncertain tax positions (as a percent)	0%	0%	(0.60%)
Dispositions of subsidiaries	$ (99)	$ 0	$ 0
Dispositions of subsidiaries (as a percent)	(10.50%)	0%	0%
Reclassifications from accumulated other comprehensive income	$ (52)	$ (84)	$ (108)
Reclassifications from accumulated other comprehensive income (as a percent)	(5.50%)	(0.70%)	(1.00%)
Noncontrolling interest	$ 14	$ (67)	$ (197)
Non-controlling interest ( as a percent)	1.50%	(0.60%)	(1.70%)
Dividends received deduction	$ (59)	$ (36)	$ (37)
Dividends received deduction (as a percent)	(6.30%)	(0.30%)	(0.30%)
Tax deconsolidation and separation costs	$ 0	$ (104)	$ 0
Tax deconsolidation and separation costs (as a percent)	0%	(1.00%)	0%
State and local income taxes	$ 12	$ 24	$ 105
State and local income taxes (as a percent)	1.30%	0.20%	0.90%
Other	$ (3)	$ (29)	$ (2)
Other (as a percent)	(0.40%)	(0.30%)	0%
Adjustments to deferred tax assets (as a percent)	(4.30%)	0%	0%
Adjustments to deferred tax assets	$ (40)	$ 0	$ 0
Adjustments to prior year tax returns	$ 67	$ 48	$ 3
Adjustments to prior year tax returns (as a percent)	(7.10%)	(0.50%)	0%
Share based compensation payments excess tax deduction	$ (10)	$ (6)	$ 4
Share based compensation payments excess tax deduction (as a percent)	(1.10%)	(0.10%)	0%
Valuation allowance	$ 11	$ 157	$ 26
Valuation allowance (as a percent)	1.20%	1.50%	0.20%
Consolidated total amount, tax expense (benefit)	$ (96)	$ 2,012	$ 2,082
Consolidated total amount (as a percent)	(10.20%)	19.20%	18.50%

Income Taxes - Schedule of comp

Income Taxes - Schedule of components of the net deferred tax asset (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Losses and tax credit carryforwards	$ 453	$ 572
Basis differences on investments	3,446	2,989
Life policy reserves	1,532	1,561
Accruals not currently deductible, and other	0	61
Investments in foreign subsidiaries	49	0
Fixed assets and intangible assets	1,328	885
Other	406	439
Employee benefits	72	81
Unrealized losses related to available-for-sale debt securities	3,751	4,928
Unearned premium reserve reduction	0	144
Market risk benefits	1,004	828
Total deferred tax assets	12,041	12,488
Deferred tax liabilities:
Fortitude Re funds withheld embedded derivative	(712)	(863)
Accruals not currently deductible, and other	(184)	0
Deferred policy acquisition costs	(1,546)	(1,504)
Total deferred tax liabilities	(2,442)	(2,367)
Net deferred tax assets before valuation allowance	9,599	10,121
Valuation allowance	(1,372)	(1,752)
Net deferred tax assets (liabilities)	$ 8,227	$ 8,369

Income Taxes - Schedule of re_2

Income Taxes - Schedule of reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Gross unrecognized tax benefits, beginning of year	$ 20	$ 18	$ 917
Increases in tax positions for prior years	0	3	0
Decreases in tax positions for prior years	0	(1)	(899)
Increases in tax positions for current year	0	0	0
Settlements	0	0	0
Gross unrecognized tax benefits, end of year	$ 20	$ 20	$ 18

Related Parties - Schedule of M

Related Parties - Schedule of Material Revenues and Expenses (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Other income		$ 417	$ 550	$ 578
Total net investment income		11,078	9,576	11,672
Total revenues		18,878	24,697	23,257
Expenses:
General operating and other expenses		2,360	2,323	2,104
Interest expense		580	534	389
(Gain) loss on extinguishment of debt		0	0	(219)
Total benefits and expenses		17,938	14,206	12,003
Net investment income - excluding Fortitude Re funds withheld assets
Revenues:
Total net investment income		9,710	8,685	9,897
Related Party
Revenues:
Other income		34	95	85
Total net investment income		(8)	(1)	(14)
Total revenues		26	94	71
Expenses:
General operating and other expenses		161	131	349
Interest expense		9	79	82
(Gain) loss on extinguishment of debt	$ 0		0	145
Total benefits and expenses		$ 170	$ 210	$ 576

Related Parties - Reorganizatio

Related Parties - Reorganization Transactions (Details) - Related Party $ in Millions	Feb. 28, 2022 USD ($) dataCenter	Oct. 01, 2021
AIGT And Eastgreen
Related Party Transaction [Line Items]
Consideration transferred | $	$ 107
Number of data centers | dataCenter	2
AIG Bermuda | AIG
Related Party Transaction [Line Items]
Ownership percentage (as a percent)		3.50%
AIG Bermuda | Corebridge Entities
Related Party Transaction [Line Items]
Ownership percentage (as a percent)		3%

Related Parties - Advisory Tran

Related Parties - Advisory Transactions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Other income	$ 417	$ 550	$ 578
Related Party
Related Party Transaction [Line Items]
Other income	$ 34	$ 95	$ 85

Related Parties - Capital Marke

Related Parties - Capital Markets Agreements (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Total net investment income	$ 11,078	$ 9,576	$ 11,672
Derivative assets, net	393	299
Derivative liabilities, net	141	97
Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	9,710	8,685	9,897
Related Party
Related Party Transaction [Line Items]
Total net investment income	(8)	(1)	(14)
Derivative assets, net	13	12
Derivative liabilities, net	0	0
Collateral posted	0	1,500
Collateral obtained from third parties for derivative transactions	377	380
Related Party | AIG
Related Party Transaction [Line Items]
Total net investment income	0	15
Related Party | Unsecured Derivative Transactions
Related Party Transaction [Line Items]
Derivative assets, net	0	253
Derivative liabilities, net	0	0
Total derivatives with related parties
Related Party Transaction [Line Items]
Collateral posted	0	1,500
Collateral obtained from third parties for derivative transactions	$ 377	$ 380
Total derivatives with related parties | AIG
Related Party Transaction [Line Items]
Total net investment income			$ 17

Related Parties - General Servi

Related Parties - General Services Agreement (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
General operating expenses	$ 2,360	$ 2,323	$ 2,104
Related Party
Related Party Transaction [Line Items]
General operating expenses	161	131	349
Related Party | General Services Agreement
Related Party Transaction [Line Items]
Due to related party	39	311
Due from related party	38	54
General operating expenses	$ 161	$ 114
Total derivatives with related parties | General Services Agreement
Related Party Transaction [Line Items]
General operating expenses			$ 229

Related Parties - Reinsurance T

Related Parties - Reinsurance Transactions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Reinsurance recoverables	$ 28,400
Related Party | Reinsurance Transactions
Related Party Transaction [Line Items]
Reinsurance recoverables	67	$ 70
Reinsurance payable	13	32
Ceded premiums	$ 37	$ 41
Total derivatives with related parties | Reinsurance Transactions
Related Party Transaction [Line Items]
Ceded premiums			$ 42

Related Parties - Guarantees (D

Related Parties - Guarantees (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
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%	250%
Collateral amount, principal outstanding (as a precent)	100%
Collateral amount, interest payments to be made (as a percent)	100%

Related Parties - Funding Arran

Related Parties - Funding Arrangements (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Total net investment income	$ 11,078	$ 9,576	$ 11,672
Net investment income - excluding Fortitude Re funds withheld assets
Related Party Transaction [Line Items]
Total net investment income	9,710	8,685	9,897
Related Party
Related Party Transaction [Line Items]
Total net investment income	(8)	(1)	(14)
Related Party | Credit Facilities And Funding Arrangements
Related Party Transaction [Line Items]
Due from related party	0	400
Total net investment income	$ 8	$ 14
Total derivatives with related parties | Credit Facilities And Funding Arrangements
Related Party Transaction [Line Items]
Total net investment income			$ 3

Related Parties - Promissory No

Related Parties - Promissory Notes (Details) - USD ($) $ in Millions		12 Months Ended
	Sep. 15, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Nov. 30, 2021
Related Party Transaction [Line Items]
Interest expense		$ 580	$ 534	$ 389
Related Party
Related Party Transaction [Line Items]
Interest expense		$ 9	79	$ 82
Related Party | Promissory Notes
Related Party Transaction [Line Items]
Notes issued from related parties					$ 8,300
Interest expense	$ 1,500		$ 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) - Related Party - Residential Mortgage Loans $ in Millions	Dec. 23, 2022 USD ($) agreement
Related Party Transaction [Line Items]
Number of sale and assignment agreements executed | agreement	4
Notes Payable | $	$ 452

Related Parties - Tax Sharing A

Related Parties - Tax Sharing Arrangements (Details) - Tax Sharing Arrangements - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party
Related Party Transaction [Line Items]
Receivables (payables)	$ (371)	$ 524
Total derivatives with related parties
Related Party Transaction [Line Items]
Payment or (refund)	(494)	1,032	$ 1,532
Total derivatives with related parties | Corebridge
Related Party Transaction [Line Items]
Payment or (refund)	(494)	1,018	1,537
Total derivatives with related parties | SAFG Capital LLC
Related Party Transaction [Line Items]
Payment or (refund)	$ 0	$ 14	$ (5)

Related Parties - Other Transac

Related Parties - Other Transactions (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Purchase price for Common Stock repurchased	$ 498	$ 0	$ 0
Purchase of common stock	$ 503
Related Party
Related Party Transaction [Line Items]
Shares repurchased (in shares)	1.9
Purchase of common stock	$ 35
Related Party | Repurchase Of Corebridge Common Stock From AIG
Related Party Transaction [Line Items]
Common stock repurchased (in shares)	17.2
Purchase price for Common Stock repurchased	$ 315

Related Parties - Related Party

Related Parties - Related Party Transactions with Blackstone (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Investment expenses	$ 579	$ 480	$ 348
Related Party
Related Party Transaction [Line Items]
Investment expenses	$ 175	$ 147

Related Parties - Related Par_2

Related Parties - Related Party Transactions with VIEs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Interest expense	$ 580	$ 534	$ 389
Net income (loss) attributable to noncontrolling interests	(68)	320	929
Related Party
Related Party Transaction [Line Items]
Interest expense	9	79	82
Consolidated VIE
Related Party Transaction [Line Items]
Long-term debt	2,266	5,958
Net income (loss) attributable to noncontrolling interests	(68)	321	929
Consolidated VIE | Related Party
Related Party Transaction [Line Items]
Long-term debt	102	308
Interest expense	9	33	64
Noncontrolling interest	518	537
Net income (loss) attributable to noncontrolling interests	$ (3)	$ 52	$ 499

Schedule I (Details)

Schedule I (Details) $ in Millions	Dec. 31, 2023 USD ($)
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	$ 252,120
Fair value	230,103
Amount at which shown in the Balance Sheet	233,021
Fixed maturity securities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	189,524
Fair value	171,105
Amount at which shown in the Balance Sheet	171,105
U.S. government and government sponsored entities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	1,436
Fair value	1,220
Amount at which shown in the Balance Sheet	1,220
Obligations of states, municipalities and political subdivisions
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	6,506
Fair value	5,871
Amount at which shown in the Balance Sheet	5,871
Non-U.S. governments
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	4,708
Fair value	4,070
Amount at which shown in the Balance Sheet	4,070
Public utilities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	20,112
Fair value	17,092
Amount at which shown in the Balance Sheet	17,092
All other corporate debt securities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	103,195
Fair value	91,643
Amount at which shown in the Balance Sheet	91,643
ABS
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	53,567
Fair value	51,209
Amount at which shown in the Balance Sheet	51,209
Total common stock
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	7
Fair value	7
Amount at which shown in the Balance Sheet	7
Public utilities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	0
Fair value	0
Amount at which shown in the Balance Sheet	0
Banks, trust and insurance companies
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	0
Fair value	0
Amount at which shown in the Balance Sheet	0
Industrial, miscellaneous and all other
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	7
Fair value	7
Amount at which shown in the Balance Sheet	7
Total equity securities and mutual funds
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	63
Fair value	63
Amount at which shown in the Balance Sheet	63
Preferred stock
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	47
Fair value	47
Amount at which shown in the Balance Sheet	47
Money market funds
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	9
Fair value	9
Amount at which shown in the Balance Sheet	9
Total mortgage and other loans receivable
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	47,565
Fair value	43,949
Amount at which shown in the Balance Sheet	47,565
Commercial mortgages
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	34,172
Fair value	31,414
Amount at which shown in the Balance Sheet	34,172
Residential mortgages
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	8,445
Fair value	7,585
Amount at which shown in the Balance Sheet	8,445
Life insurance policy loans
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	1,746
Fair value	1,748
Amount at which shown in the Balance Sheet	1,746
Commercial loans, other loans and notes receivable
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	3,202
Fair value	3,202
Amount at which shown in the Balance Sheet	3,202
Allowance for credit losses
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	698
Fair value	0
Amount at which shown in the Balance Sheet	698
Total mortgage and other loans receivable, net of allowance
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	46,867
Fair value	43,949
Amount at which shown in the Balance Sheet	46,867
Other Invested Assets
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	10,937
Fair value	10,257
Amount at which shown in the Balance Sheet	10,257
Other Invested Assets | Affiliated Entity
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Amount at which shown in the Balance Sheet	0.6
Short-term Investments
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	4,336
Fair value	4,336
Amount at which shown in the Balance Sheet	4,336
Derivative
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	393
Fair value	393
Amount at which shown in the Balance Sheet	393
RMBS
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	45
Fair value	43
Derivative Assets | Affiliated Entity
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Amount at which shown in the Balance Sheet	12
Derivative liabilities, net | Affiliated Entity
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Amount at which shown in the Balance Sheet	$ 141

Schedule II - Balance Sheets (D

Schedule II - Balance Sheets (Details) - USD ($) $ in Millions		Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021	Jan. 01, 2021
Assets:
Short-term investments	[1]	$ 4,336		$ 4,400
Other investments	[1]	10,257		10,418
Total investments		232,628		220,116
Cash		612	[1]	552	[1]	$ 537
Deferred income taxes		8,577		8,831			$ 3,950
Other assets		2,294	[1]	2,521	[1]		3,824
Total assets		379,270		360,322			422,435
Liabilities:
Short-term debt		250		1,500
Total liabilities		366,635		350,003			383,760
Corebridge Shareholders’ equity:
Common stock		6		6
Treasury stock, at cost; 2023 - 26,484,411 shares and 2022 - 0 shares		(503)		0
Additional paid-in capital		8,149		8,030
Retained earnings		17,572		18,207			23,771
Accumulated other comprehensive loss		(13,458)		(16,863)			12,304
Total Corebridge Shareholders' equity		11,766		9,380			36,075
Total liabilities and equity		379,270		360,322			$ 422,435
Total derivatives with related parties
Assets:
Other investments		0.6		6
Parent Company
Assets:
Short-term investments		1,594		1,499
Other investments		197		198
Total investments		1,791		1,697
Cash		0		9		$ 2
Current tax receivable		26		292
Deferred income taxes		323		108
Investment in consolidated subsidiaries		19,170		16,543
Other assets		162		83
Total assets		21,586		18,774
Liabilities:
Deferred tax liabilities		0		10
Short-term debt		250		1,500
Long-term debt		8,691		7,441
Other liabilities		220		172
Total liabilities		9,820		9,394
Corebridge Shareholders’ equity:
Common stock		6		6
Treasury stock, at cost; 2023 - 26,484,411 shares and 2022 - 0 shares		(503)		0
Additional paid-in capital		8,149		8,030
Retained earnings		17,572		18,207
Accumulated other comprehensive loss		(13,458)		(16,863)
Total Corebridge Shareholders' equity		11,766		9,380
Total liabilities and equity		21,586		18,774
Parent Company | Total derivatives with related parties
Assets:
Due from affiliates - net		114		42
Liabilities:
Due to affiliate		461		271
Current tax payable		$ 198		$ 0
[1] See Note 9

Schedule II - Statement of Inco

Schedule II - Statement of Income (Loss) & Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Net realized gains (losses)	$ (3,572)	$ 6,091	$ 1,752
Total revenues	18,878	24,697	23,257
Expenses:
Interest expense	580	534	389
Net (gain) loss on divestitures	(676)	1	(3,081)
Income (loss) before income tax expense (benefit)	940	10,491	11,254
Income tax expense (benefit)	(96)	2,012	2,082
Net income (loss)	1,036	8,479	9,172
Other comprehensive income (loss)	3,416	(25,106)	(4,091)
Net income (loss) attributable to Corebridge	1,104	8,159	8,243
Parent Company
Revenues:
Equity in undistributed net income (loss) of consolidated subsidiaries	(743)	6,897	4,392
Dividend income from consolidated subsidiaries	2,017	1,781	1,893
Interest income	67	79	365
Net realized gains (losses)	(3)	4	62
Total revenues	1,338	8,761	6,712
Expenses:
Interest expense	398	266	18
Net (gain) loss on divestitures	(620)	0	(2,438)
Other expenses	507	507	191
Total expenses	285	773	(2,229)
Income (loss) before income tax expense (benefit)	1,053	7,988	8,941
Income tax expense (benefit)	(51)	(171)	698
Net income (loss)	1,104	8,159	8,243
Other comprehensive income (loss)	3,405	(25,096)	(4,091)
Net income (loss) attributable to Corebridge	$ 4,509	$ (16,937)	$ 4,152

Schedule II - Cash Flow Stateme

Schedule II - Cash Flow Statement (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 3,357		$ 2,621		$ 2,405
Cash flows from investing activities:
Available-for-sale securities	7,400		10,566		10,762
Other invested assets	1,367		1,888		4,615
Maturities of fixed maturity securities available-for-sale	8,859		9,621		20,420
Principal payments received on mortgage and other loans receivable	6,164		7,814		6,646
Other invested assets	(1,172)		(1,662)		(2,498)
Mortgage and other loans receivable issued	(9,168)		(14,203)		(7,930)
Acquisition of businesses, net of cash and restricted cash acquired	5		107		0
Divestitures, net	747		0		1,084
Net change in derivative assets and liabilities	(884)		(754)		(507)
Net cash used in investing activities	(5,476)		(7,253)		(1,967)
Cash flows from financing activities:
Dividends paid on common stock	(1,722)		(876)		0
Issuance of short-term debt	0		1,512		345
Repayments of short-term debt	(1,250)		(8,312)		(248)
Distributions to AIG	0		0		(1,543)
Distributions to Class B shareholder	0		0		(34)
Repurchase of common stock	96		146		296
Other, net	139		299		81
Net cash provided by (used in) financing activities	2,114		4,674		(753)
Cash and restricted cash at beginning of year	633		601		918
Cash and restricted cash at end of year	628		633		601
Supplementary Disclosure of Consolidated Cash Flow Information
Cash	612	[1]	552	[1]	537
Total cash and restricted cash shown in the Consolidated Statements of Cash Flows	628		633		601
Income tax	20		1,101		1,913
Intercompany non-cash financing and investing activities:
Non-cash capital distributions	0		0		12,197
Non-cash capital contributions	16		0		728
Parent Company
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	1,532		1,149		519
Cash flows from investing activities:
Available-for-sale securities	0		1		132
Other invested assets	0		0		232
Maturities of fixed maturity securities available-for-sale	0		0		86
Principal payments received on mortgage and other loans receivable	0		0		61
Other invested assets	0		0		(23)
Mortgage and other loans receivable issued	0		0		(26)
Acquisition of businesses, net of cash and restricted cash acquired	0		107		0
Divestitures, net	752		0		0
Net change in derivative assets and liabilities	(3)		223		0
Net change in short-term investments	(95)		(1,034)		54
Net cash used in investing activities	654		(917)		516
Cash flows from financing activities:
Dividends paid on common stock	(1,722)		(876)		0
Issuance of long-term debt	1,240		7,451		0
Issuance of short-term debt	0		1,500		0
Repayments of short-term debt	(1,250)		(8,300)		0
Distributions to AIG	0		0		(1,008)
Distributions to Class B shareholder	0		0		(34)
Repurchase of common stock	(498)		0		0
Other, net	35		0		0
Net cash provided by (used in) financing activities	(2,195)		(225)		(1,042)
Net increase (decrease) in cash and restricted cash	(9)		7		(7)
Cash and restricted cash at beginning of year	9		2		9
Cash and restricted cash at end of year	0		9		2
Supplementary Disclosure of Consolidated Cash Flow Information
Cash	0		9		2
Total cash and restricted cash shown in the Consolidated Statements of Cash Flows	0		9		2
Income tax	259		116		32
Intercompany non-cash financing and investing activities:
Non-cash capital distributions	0		0		12,144
Non-cash capital contributions	$ 0		$ 0		$ 403
[1] See Note 9

Schedule II - Notes to Condense

Schedule II - Notes to Condensed Financial Information of Registrant (Details)

12 Months Ended

Sep. 15, 2022

Aug. 25, 2022 USD ($)

Aug. 23, 2022

Apr. 06, 2022 USD ($)

Feb. 25, 2022 USD ($)

Nov. 30, 2021 USD ($)

Dec. 31, 2023 USD ($) agreement lineOfCredit

Dec. 31, 2022 USD ($)

Sep. 22, 2023 GIP (£)

May 25, 2023 USD ($)

May 24, 2023 USD ($)

Feb. 17, 2023 GIP (£)

Jul. 28, 2022 USD ($) lineOfCredit

Jul. 28, 2022 GIP (£) lineOfCredit

May 12, 2022 USD ($)

May 09, 2022 USD ($)

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Short-term debt

$ 250,000,000

$ 1,500,000,000

Total long-term debt

9,177,000,000

7,927,000,000

Debt issuance costs

$ (59,000,000)

(59,000,000)

Number of bilateral letter of credit | agreement

1

Parent Company

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Short-term debt

$ 250,000,000

1,500,000,000

Total long-term debt

8,750,000,000

7,500,000,000

Debt issuance costs

(59,000,000)

(59,000,000)

Long-term debt

8,691,000,000

7,441,000,000

CoreBridge 3-Year DDTL Facility | Line of Credit | Senior unsecured notes

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Short-term debt

250,000,000

Maximum borrowing capacity

$ 1,500,000,000

$ 2,500,000,000

$ 3,000,000,000

CoreBridge 3-Year DDTL Facility | Line of Credit | Senior unsecured notes | Parent Company

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Short-term debt

$ 250,000,000

1,500,000,000

Debt instrument term (in years)

3 years

3 years

3 years

3 years

3 years

3 years

Interest rate (as a percent)

1%

6.46%

Three Year DDTL Facility | Line of Credit | Senior unsecured notes

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Letter of credit

$ 250,000,000

Hybrid junior subordinated notes | CRBGLH notes

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Debt instrument term (in years)

5 years

Interest rate (as a percent)

6.875%

Long-term debt

$ 1,000,000,000

Hybrid junior subordinated notes | CRBGLH notes | Parent Company

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Interest rate (as a percent)

6.875%

Total long-term debt

$ 1,000,000,000

$ 1,000,000,000

Consolidated Investment Entities Credit Facilities | Revolving Credit Facility | Line of Credit

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Current borrowing capacity

250,000,000

Maximum borrowing capacity

450,000,000

Line of credit

$ 43,000,000

Consolidated Investment Entities Credit Facilities | Revolving Credit Facility | Maximum | Line of Credit

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Debt instrument term (in years)

7 years

Consolidated Investment Entities Credit Facilities Real Estate Assets | Revolving Credit Facility | Line of Credit

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Maximum borrowing capacity

$ 396,000,000

Line of credit

$ 231,000,000

Consolidated Investment Entities Credit Facilities Real Estate Assets | Revolving Credit Facility | Minimum | Line of Credit

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Debt instrument term (in years)

1 year

1 year

AIG Life Letter Of Credit | Revolving Credit Facility | Line of Credit

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Number of letters of credit | lineOfCredit

2

Letter of credit

$ 0

$ 0

AIG Life Letter Of Credit | Letter of Credit | Line of Credit

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Number of letters of credit | lineOfCredit

2

2

Letter of credit | £

£ 20,000,000

£ 26,000,000

£ 80,000,000

AIG Bermuda | Letter of Credit | Line of Credit

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Long-term debt

$ 250,000,000

Letter of credit

$ 175,000,000

$ 125,000,000

$ 175,000,000

$ 250,000,000

Affiliated Senior Promissory Note Maturing 2022 | Hybrid junior subordinated notes

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Short-term debt

$ 8,300,000,000

Affiliated Senior Promissory Note Maturing 2022 | Hybrid junior subordinated notes | Parent Company

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Basis points

1%

Senior Unsecured Notes | Line of Credit

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Long-term debt

7,750,000,000

Senior Unsecured Notes | Line of Credit | Parent Company

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Total long-term debt

$ 7,750,000,000

$ 6,500,000,000

Senior Unsecured Notes | Minimum | Line of Credit | Parent Company

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Interest rate (as a percent)

3.50%

Senior Unsecured Notes | Maximum | Line of Credit | Parent Company

Schedule of Long Term and Short Term Debt Instruments [Line Items]

Interest rate (as a percent)

6.05%

Schedule II - Comprehensive Inc

Schedule II - Comprehensive Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Condensed Statement of Income Captions [Line Items]
Net income (loss) attributable to Corebridge	$ 1,104	$ 8,159	$ 8,243
Other comprehensive income (loss)	3,416	(25,106)	(4,091)
Comprehensive income (loss) attributable to Corebridge	4,509	(16,937)	4,152
Parent Company
Condensed Statement of Income Captions [Line Items]
Net income (loss) attributable to Corebridge	4,509	(16,937)	4,152
Other comprehensive income (loss)	$ 3,405	$ (25,096)	$ (4,091)

Schedule III (Details)

Schedule III (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	$ 10,011	$ 10,563
Future Policy Benefits *	57,108	50,518
Policy and Contract Claims	978	1,433
Unearned Premiums	11	60
Premiums and Policy Fees	10,488	8,005	$ 8,658
Net Investment Income	11,078	9,576	11,672
Other income	884	1,025	1,175
Benefits	13,789	10,452	10,949
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	1,042	1,020	951
Other Operating Expenses	3,209	3,157	3,049
Individual Retirement
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	4,779	4,646
Future Policy Benefits *	1,470	1,359
Policy and Contract Claims	34	41
Unearned Premiums	0	0
Premiums and Policy Fees	921	976	991
Net Investment Income	4,884	3,872	4,356
Other income	426	463	592
Benefits	2,535	2,222	2,112
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	572	523	451
Other Operating Expenses	929	936	1,049
Group Retirement
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	1,056	1,061
Future Policy Benefits *	227	223
Policy and Contract Claims	1	1
Unearned Premiums	0	0
Premiums and Policy Fees	426	435	502
Net Investment Income	1,965	1,976	2,396
Other income	309	312	337
Benefits	1,224	1,186	1,191
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	82	80	78
Other Operating Expenses	716	705	722
Life Insurance
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	4,106	4,805
Future Policy Benefits *	13,400	13,354
Policy and Contract Claims	789	1,229
Unearned Premiums	6	54
Premiums and Policy Fees	3,264	3,427	3,126
Net Investment Income	1,251	1,386	1,614
Other income	93	126	110
Benefits	3,171	3,338	3,211
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	379	410	416
Other Operating Expenses	753	740	790
Institutional Markets
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	70	51
Future Policy Benefits *	20,025	13,745
Policy and Contract Claims	39	40
Unearned Premiums	0	0
Premiums and Policy Fees	5,799	3,085	3,953
Net Investment Income	1,546	1,017	1,134
Other income	2	3	2
Benefits	6,862	3,706	4,435
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	9	7	6
Other Operating Expenses	109	96	103
Corporate and Other
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	0	0
Future Policy Benefits *	21,986	21,837
Policy and Contract Claims	115	122
Unearned Premiums	5	6
Premiums and Policy Fees	78	82	86
Net Investment Income	1,432	1,325	2,172
Other income	54	121	134
Benefits	(3)	0	0
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	0	0	0
Other Operating Expenses	$ 702	$ 680	$ 385

Schedule IV (Details)

Schedule IV (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Net Amount	$ 7,691	$ 5,091	$ 5,653
Operating Segments
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Gross Amount	4,706	4,739	4,603
Ceded to Other Companies	1,126	966	1,215
Assumed from Other Companies	4,111	1,318	2,265
Net Amount	$ 7,691	$ 5,091	$ 5,653
Percent of Amount Assumed to Net	53.50%	25.90%	40.10%
Life Insurance and Annuities | Operating Segments
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Gross Amount	$ 4,623	$ 4,651	$ 4,503
Ceded to Other Companies	1,096	934	1,179
Assumed from Other Companies	4,111	1,318	2,265
Net Amount	$ 7,638	$ 5,035	$ 5,589
Percent of Amount Assumed to Net	53.80%	26.20%	40.50%
Accident and Health | Operating Segments
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Gross Amount	$ 83	$ 88	$ 100
Ceded to Other Companies	30	32	36
Assumed from Other Companies	0	0	0
Net Amount	$ 53	$ 56	$ 64
Percent of Amount Assumed to Net	0%	0%	0%
Life insurance in force | Operating Segments
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Gross Amount	$ 1,308,474	$ 1,280,831	$ 1,280,090
Ceded to Other Companies	363,471	346,879	363,008
Assumed from Other Companies	173	188	192
Net Amount	$ 945,176	$ 934,140	$ 917,274
Percent of Amount Assumed to Net	0%	0%	0%