Voya Retirement Insurance & Annuity 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - $ / shares	9 Months Ended
	Sep. 30, 2024	Nov. 01, 2024
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	033-23376
Entity Registrant Name	VOYA RETIREMENT INSURANCE & ANNUITY CO
Entity Incorporation, State or Country Code	CT
Entity Tax Identification Number	71-0294708
Entity Address, Address Line One	One Orange Way
Entity Address, City or Town	Windsor,
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06095-4774
City Area Code	860
Local Phone Number	580-4646
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		55,000
Common stock, par value	$ 50
Entity Central Index Key	0000837010
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Investments:
Available-for-sale, Debt Securities, Excluding Securities Valued at Fair Value Option	$ 18,431	$ 18,713
Fixed maturities, at fair value using the fair value option	1,305	1,328
Equity Securities, FV-NI, Current	69	65
Other Short-Term Investments	1	86
Mortgage loans on real estate, net	3,722	4,026
Policy loans	163	161
Limited partnerships/corporations	1,144	1,046
Derivatives	161	213
Other investments	95	88
Total investments	26,118	26,524
Cash and cash equivalents	436	186
Short-term investments under securities loan agreements, including collateral delivered	1,007	789
Accrued investment income	289	283
Premiums and Other Receivables, Net	2,690	2,899
Deferred policy acquisition costs and Value of business acquired	910	920
Deferred Income Tax Assets, Net	512	633
Other assets (net of allowance for credit loss of $0 as of 2024 and 2023)	1,479	1,726
Assets held in separate accounts	100,422	90,282
Total assets	133,863	124,242
Liabilities and Shareholder's Equity
Future policy benefits and contract owner account balances	29,587	30,577
Payables under securities loan and repurchase agreements, including collateral held	904	692
Related Party [Member]	104	173
Derivatives	293	299
Other liabilities	661	679
Liabilities related to separate accounts	100,422	90,282
Total liabilities	131,971	122,702
Commitments and Contingencies (Note 13)
Shareholder's equity:
Common Stock, Value, Issued	3	3
Additional paid-in capital	2,754	2,770
Accumulated other comprehensive income (loss)	(1,125)	(1,531)
Retained earnings (deficit)	260	298
Total shareholder's equity	1,892	1,540
Total liabilities and shareholder's equity	133,863	124,242
Collateral Pledged
Investments:
Debt Securities, Available-for-Sale, Restricted	$ 1,027	$ 798

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets Parenthetical - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Fixed maturities, amortized cost	$ 19,687	$ 20,496
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	24	14
Less: Allowance for credit losses	20
Securities pledged, amortized costs	1,102	$ 855
Reinsurance Recoverable, Allowance for Credit Loss	0
Allowance for Credit Loss, Receivable, Other, Current	$ 0
Common stock, par value	$ 50
Common stock, shares authorized	100,000
Common stock, shares issued	55,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues:
Net investment income	$ 361,000,000	$ 384,000,000	$ 1,110,000,000	$ 1,155,000,000
Fee income	289,000,000	254,000,000	841,000,000	738,000,000
Premiums	6,000,000	15,000,000	4,000,000	24,000,000
Realized capital gains (losses)	(26,000,000)	(64,000,000)	(22,000,000)	(142,000,000)
Other revenue	19,000,000	2,000,000	47,000,000	12,000,000
Total revenues	649,000,000	591,000,000	1,980,000,000	1,787,000,000
Benefits and expenses:
Interest credited and other benefits to contract owners/policyholders	208,000,000	261,000,000	584,000,000	623,000,000
Operating expenses	290,000,000	269,000,000	875,000,000	851,000,000
Net amortization of Deferred policy acquisition costs and Value of business acquired	18,000,000	19,000,000	55,000,000	58,000,000
Total benefits and expenses	516,000,000	550,000,000	1,515,000,000	1,534,000,000
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	133,000,000	41,000,000	465,000,000	253,000,000
Income tax expense (benefit)	15,000,000	(29,000,000)	46,000,000	(7,000,000)
Net income (loss)	$ 118,000,000	$ 70,000,000	$ 419,000,000	$ 260,000,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 118	$ 70	$ 419	$ 260
Other comprehensive income (loss), before tax:
OCI, Liability for Future Policy Benefit, Gain (Loss), before Reclassification Adjustment and Tax	4	4	21	15
Change in unrealized gains (losses) on available-for-sale securities	728	(686)	493	(446)
Other Comprehensive Income (Loss), before Tax	732	(682)	514	(431)
Other Comprehensive Income (Loss), Tax	153	(144)	108	(91)
Other Comprehensive Income (Loss), Net of Tax	579	(538)	406	(340)
Comprehensive income (loss)	$ 697	$ (468)	$ 825	$ (80)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Shareholder's Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings (Deficit)
Beginning Balance at Dec. 31, 2022	$ 927	$ 3	$ 2,778	$ (2,067)	$ 213
Comprehensive income (loss):
Net income (loss)	260	0	0	0	260
Ending Balance at Sep. 30, 2023	537	3	2,770	(2,407)	171
Comprehensive income (loss):
Dividends	310	0	8	0	302
Other comprehensive income (loss), after tax	(340)	0	0	(340)	0
Comprehensive income (loss)	(80)
Beginning Balance at Jun. 30, 2023	1,005	3	2,770	(1,869)	101
Comprehensive income (loss):
Net income (loss)	70	0	0	0	70
Ending Balance at Sep. 30, 2023	537	3	2,770	(2,407)	171
Comprehensive income (loss):
Other comprehensive income (loss), after tax	(538)	0	0	(538)	0
Comprehensive income (loss)	(468)
Beginning Balance at Dec. 31, 2023	1,540	3	2,770	(1,531)	298
Comprehensive income (loss):
Net income (loss)	419	0	0	0	419
Ending Balance at Sep. 30, 2024	1,892	3	2,754	(1,125)	260
Comprehensive income (loss):
Dividends	473	0	16	0	457
Other comprehensive income (loss), after tax	406	0	0	406	0
Comprehensive income (loss)	825
Beginning Balance at Jun. 30, 2024	1,195	3	2,754	(1,704)	142
Comprehensive income (loss):
Net income (loss)	118	0	0	0	118
Ending Balance at Sep. 30, 2024	1,892	3	2,754	(1,125)	260
Comprehensive income (loss):
Other comprehensive income (loss), after tax	579	$ 0	$ 0	$ 579	$ 0
Comprehensive income (loss)	$ 697

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Statement of Cash Flows [Abstract]
Net cash provided by operating activities	$ 995	$ 931
Proceeds from the sale, maturity, disposal or redemption of:
Fixed maturities	2,910	3,829
Mortgage loans on real estate	470	340
Proceeds from Sale of Equity Securities, FV-NI	0	4
Limited partnerships/corporations	61	38
Acquisition of:
Fixed maturities	(2,355)	(2,690)
Mortgage loans on real estate	(196)	(267)
Limited partnerships/corporations	(131)	(84)
Short-term investments, net	85	62
Derivatives, net	(33)	(42)
Increase (Decrease) in Notes Receivable, Related Parties	140	(161)
Receipts on deposit asset contracts	165	196
Other, net	10	(50)
Net cash provided by (used in) investing activities	1,172	1,359
Cash Flows from Financing Activities:
Deposits received for investment contracts	1,534	1,159
Maturities and withdrawals from investment contracts	(2,997)	(3,254)
Dividends paid and distributions of capital	(473)	(310)
Other, net	19	49
Net cash provided by (used in) financing activities	(1,917)	(2,356)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	250	(66)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	$ 436	$ 154	$ 186	$ 220

Business, Basis of Presentation

Business, Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure	Business, Basis of Presentation and Significant Accounting Policies Business Voya Retirement Insurance and Annuity Company ("VRIAC") is a stock life insurance company domiciled in the State of Connecticut. VRIAC, together with its wholly owned subsidiaries (collectively, the "Company"), provide financial products and services in the United States. VRIAC is authorized to conduct its insurance business in all states and in the District of Columbia, Guam, Puerto Rico and the Virgin Islands. VRIAC is a direct, wholly owned subsidiary of Voya Holdings Inc. ("Parent"), which is a direct, wholly owned subsidiary of Voya Financial, Inc. ("Voya Financial"). The Company derives its revenue mainly from (a) Investment income earned on investments, (b) Fee income generated from separate account assets supporting variable options under variable annuity contract investments, as designated by contract owners, (c) Premiums, (d) Net gains (losses) on investments and changes in fair value of embedded derivatives on product guarantees, and (e) Other revenue which includes certain other fees. The Company's benefits and expenses primarily consist of (a) Interest credited and other benefits to contract owners/policyholders, (b) Operating expenses, which include expenses related to the selling and servicing of the various products offered by the Company and other general business expenses, and (c) Amortization of Deferred acquisition costs ("DAC") and Value of business acquired ("VOBA"). In addition, the Company collects broker-dealer commission revenues through Voya Financial Partners, LLC ("VFP"), which are, in turn, paid to broker-dealers and expensed. The Company offers qualified and non-qualified annuity contracts that include a variety of funding and payout options for individuals and employer-sponsored retirement plans qualified under Internal Revenue Code Sections 401, 403, 408, 457 and 501, as well as non-qualified deferred compensation plans and related services. The Company's products are offered primarily to public and private school systems, higher education institutions, hospitals and healthcare facilities, not-for-profit organizations, state and local governments, small to mid-sized corporations and individuals. The Company also provides stable value investment options, including separate account guaranteed investment contracts ("GICs") and synthetic GICs, to institutional clients. The Company's products are generally distributed through independent brokers and advisors, third-party administrators and consultants. Products offered by the Company include deferred and immediate (i.e., payout) annuity contracts. The Company's products also include programs offered to qualified plans and non-qualified deferred compensation plans that package administrative and record-keeping services, participant education, and retirement readiness planning tools along with a variety of investment options, including proprietary and non-proprietary mutual funds and variable and fixed investment options. In addition, the Company offers wrapper agreements entered into with retirement plans, which contain certain benefit responsive guarantees (i.e., guarantees of principal and previously accrued interest for benefits paid under the terms of the plan) with respect to portfolios of plan-owned assets not invested with the Company. Stable value products are also provided to institutional plan sponsors where the Company may or may not be providing other employer sponsored products and services. The Company has one operating segment. On September 11, 2024, VRIAC's ultimate parent, Voya Financial, announced a definitive agreement to acquire the full-service retirement plan business of OneAmerica Financial. This acquisition will be accomplished through the purchase of legal entities and an indemnity reinsurance agreement through which VRIAC will administer group annuity contracts on behalf of American United Life Insurance Company, an affiliate of OneAmerica Financial. The transaction, subject to customary closing conditions, is expected to close on January 1, 2025. Basis of Presentation The accompanying Condensed Consolidated Financial Statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP") and are unaudited. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the Condensed Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Those estimates are inherently subject to change and actual results could differ from those estimates, and the differences may be material to the Condensed Consolidated Financial Statements. The Condensed Consolidated Financial Statements include the accounts of VRIAC and its wholly owned subsidiaries, VFP, Voya Institutional Plan Services, LLC ("VIPS"), and Voya Retirement Advisors, LLC ("VRA"). Intercompany transactions and balances have been eliminated. The accompanying Condensed Consolidated Financial Statements are unaudited and reflect adjustments (including normal, recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows for the interim periods presented, in conformity with U.S. GAAP. Interim results are not necessarily indicative of full year performance. These unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and related notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023. Adoption of New Pronouncements Equity Securities Subject to Contractual Sale Restrictions In June 2022, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2022-03, "Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions" ("ASU 2022-03"), which clarifies that contractual restrictions on equity security sales are not considered part of the security unit of account and, therefore, are not considered in measuring the fair value. In addition, the restrictions cannot be recognized and measured as separate units of account. Disclosures on such restrictions are also required. The provisions of ASU 2022-03 were adopted prospectively on January 1, 2024. The adoption did not have an impact on the Company's financial condition, results of operations, or cash flows. Future Adoption of Accounting Pronouncements Income Tax Disclosures In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures" ("ASU 2023-09"), which requires: • A tabular rate reconciliation of (1) reported income tax expense/benefit from continuing operations, to (2) the product of the income/loss from continuing operations before income taxes and the statutory federal income tax rate, using specific categories, as well as disclosure of certain reconciling items based on a 5% threshold. • Year-to-date net income taxes paid, disaggregated by federal, state, and foreign, as well as disaggregated information on net income taxes paid to an individual jurisdiction based on a 5% threshold. The amendments are effective for annual periods beginning after December 15, 2024 and should be applied prospectively, with retrospective application permitted. Early adoption is also permitted. The Company is currently in the process of determining the disclosures that may be required by the adoption of the provisions of ASU 2023-09. Segment Disclosures In November 2023, the FASB issued ASU 2023-07 "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" ("ASU 2023-07"), which requires all current annual disclosures about segment profit/loss and assets to be reported in interim periods, as well as enhanced disclosures about significant segment expenses. The amendments are effective for fiscal years beginning after December 15, 2023, and interim periods beginning after December 15, 2024, and are required to be applied retrospectively. Restated prior period disclosures should be based on the significant segment expense categories disclosed in the period of adoption. The Company is currently in the process of determining the disclosures that may be required by the adoption of the provisions of ASU 2023-07. Climate Related Disclosures In March 2024, the SEC adopted a final rule under SEC Release No. 33-11275, The Enhancement and Standardization of Climate-Related Disclosures for Investors, to enhance and standardize climate-related disclosures. The rule will require companies to disclose material Scope 1 and Scope 2 greenhouse gas emissions; climate-related risks, governance, and oversight; and the financial effects of severe weather events and other natural conditions. These disclosures will be phased in beginning with the Company's annual report for the year ending December 31, 2025. While the implementation of this rule is pending the outcome of legal challenges, the Company is currently assessing the disclosures that may be required by the adoption in the event that the stay is lifted.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair Value Measurement The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of September 30, 2024: Level 1 Level 2 Level 3 Total Assets: Fixed maturities, including securities pledged: U.S. Treasuries $ 222 $ 55 $ — $ 277 U.S. Government agencies and authorities — 29 — 29 State, municipalities and political subdivisions — 450 — 450 U.S. corporate public securities — 5,349 8 5,357 U.S. corporate private securities — 2,669 1,118 3,787 Foreign corporate public securities and foreign governments (1) — 1,896 8 1,904 Foreign corporate private securities (1) — 1,791 379 2,170 Residential mortgage-backed securities — 2,694 55 2,749 Commercial mortgage-backed securities — 2,297 — 2,297 Other asset-backed securities — 1,725 18 1,743 Total fixed maturities, including securities pledged 222 18,955 1,586 20,763 Equity securities 11 — 58 69 Derivatives: Interest rate contracts 2 142 — 144 Foreign exchange contracts — 17 — 17 Cash and cash equivalents, short-term investments and short-term investments under securities loan agreements 1,443 1 — 1,444 Assets held in separate accounts 94,262 5,812 348 100,422 Total assets $ 95,940 $ 24,927 $ 1,992 $ 122,859 Liabilities: Stabilizer and MCGs $ — $ — $ 10 $ 10 Derivatives: Interest rate contracts 1 279 — 280 Foreign exchange contracts — 12 — 12 Credit contracts — 1 — 1 Total liabilities $ 1 $ 292 $ 10 $ 303 (1) Primarily U.S. dollar denominated. The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of December 31, 2023: Level 1 Level 2 Level 3 Total Assets: Fixed maturities, including securities pledged: U.S. Treasuries $ 221 $ 54 $ — $ 275 U.S. Government agencies and authorities — 30 — 30 State, municipalities and political subdivisions — 554 — 554 U.S. corporate public securities — 5,592 13 5,605 U.S. corporate private securities — 2,451 1,185 3,636 Foreign corporate public securities and foreign governments (1) — 2,022 — 2,022 Foreign corporate private securities (1) — 1,945 354 2,299 Residential mortgage-backed securities — 2,484 48 2,532 Commercial mortgage-backed securities — 2,358 — 2,358 Other asset-backed securities — 1,491 37 1,528 Total fixed maturities, including securities pledged 221 18,981 1,637 20,839 Equity securities 11 — 54 65 Derivatives: Interest rate contracts 6 180 — 186 Foreign exchange contracts — 27 — 27 Cash and cash equivalents, short-term investments and short-term investments under securities loan agreements 1,061 — — 1,061 Assets held in separate accounts 84,329 5,605 348 90,282 Total assets $ 85,628 $ 24,793 $ 2,039 $ 112,460 Liabilities: Stabilizer and MCGs $ — $ — $ 9 $ 9 Derivatives: Interest rate contracts — 290 — 290 Foreign exchange contracts — 8 — 8 Credit contracts — 1 — 1 Total liabilities $ — $ 299 $ 9 $ 308 (1) Primarily U.S. dollar denominated. Valuation of Financial Assets and Liabilities at Fair Value Certain assets and liabilities are measured at estimated fair value on the Company's Condensed Consolidated Balance Sheets. The Company defines fair value as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The exit price and the transaction (or entry) price will be the same at initial recognition in many circumstances. However, in certain cases, the transaction price may not represent fair value. The fair value of a liability is based on the amount that would be paid to transfer a liability to a third-party with an equal credit standing. Fair value is required to be a market-based measurement that is determined based on a hypothetical transaction at the measurement date, from a market participant's perspective. The Company considers three broad valuation approaches when a quoted price is unavailable: (i) the market approach, (ii) the income approach and (iii) the cost approach. The Company determines the most appropriate valuation technique to use, given the instrument being measured and the availability of sufficient inputs. The Company prioritizes the inputs to fair valuation approaches and allows for the use of unobservable inputs to the extent that observable inputs are not available. The Company utilizes a number of valuation methodologies to determine the fair values of its financial assets and liabilities in conformity with the concepts of exit price and the fair value hierarchy as prescribed in ASC Topic 820. Valuations are obtained from third-party commercial pricing services, brokers and industry-standard, vendor-provided software that models the value based on market observable inputs. The valuations obtained from third-party commercial pricing services are non-binding. The Company reviews the assumptions and inputs used by third-party commercial pricing services for each reporting period in order to determine an appropriate fair value hierarchy level. The documentation and analysis obtained from third-party commercial pricing services are reviewed by the Company, including in-depth validation procedures confirming the observability of inputs. The valuations are reviewed and validated monthly through the internal valuation committee price variance review, comparisons to internal pricing models, back testing to recent trades or monitoring of trading volumes. When available, the fair value of the Company's financial assets and liabilities are based on quoted prices of identical assets in active markets and therefore, reflected in Level 1. The valuation approaches and key inputs for each category of assets or liabilities that are classified within Level 2 and Level 3 of the fair value hierarchy are presented below. For fixed maturities classified as Level 2 assets, fair values are determined using a matrix-based market approach, based on prices obtained from third-party commercial pricing services and the Company’s matrix and analytics-based pricing models, which in each case incorporate a variety of market observable information as valuation inputs. The market observable inputs used for these fair value measurements, by fixed maturity asset class, are as follows: U.S. Treasuries: Fair value is determined using third-party commercial pricing services, with the primary inputs being stripped interest and principal U.S. Treasury yield curves that represent a U.S. Treasury zero-coupon curve. U.S. government agencies and authorities, State, municipalities and political subdivisions: Fair value is determined using third-party commercial pricing services, with the primary inputs being U.S. Treasury yield curves, trades of comparable securities, credit spreads off benchmark yields and issuer ratings. U.S. corporate public securities, Foreign corporate public securities and foreign governments: Fair value is determined using third-party commercial pricing services, with the primary inputs being benchmark yields, trades of comparable securities, issuer ratings, bids and credit spreads off benchmark yields. U.S. corporate private securities and Foreign corporate private securities: Fair values are determined using a matrix and analytics-based pricing model. The model incorporates the current level of risk-free interest rates, current corporate credit spreads, credit quality of the issuer and cash flow characteristics of the security. The model also considers a liquidity spread, the value of any collateral, the capital structure of the issuer, the presence of guarantees, and prices and quotes for comparably rated publicly traded securities. RMBS, CMBS and ABS: Fair value is determined using third-party commercial pricing services, with the primary inputs being credit spreads off benchmark yields, prepayment speed assumptions, current and forecasted loss severity, debt service coverage ratios, collateral type, payment priority within tranche and the vintage of the loans underlying the security. Generally, the Company does not obtain more than one vendor price from pricing services per instrument. The Company uses a hierarchy process in which prices are obtained from a primary vendor and, if that vendor is unable to provide the price, the next vendor in the hierarchy is contacted until a price is obtained or it is determined that a price cannot be obtained from a commercial pricing service. When a price cannot be obtained from a commercial pricing service, independent broker quotes are solicited. Securities priced using independent broker quotes are classified as Level 3. Fair values of privately placed bonds are determined primarily using a matrix-based pricing model and are generally classified as Level 2 assets. The model considers the current level of risk-free interest rates, current corporate spreads, the credit quality of the issuer and cash flow characteristics of the security. Also considered are factors such as the net worth of the borrower, the value of collateral, the capital structure of the borrower, the presence of guarantees and the Company's evaluation of the borrower's ability to compete in its relevant market. Using this data, the model generates estimated market values, which the Company considers reflective of the fair value of each privately placed bond. Equity securities : Level 2 and Level 3 equity securities, typically private equities or equity securities not traded on an exchange, are valued by other sources such as analytics or brokers. Derivatives : Derivatives are carried at fair value, which is determined using the Company's derivative accounting system in conjunction with observable key financial data from third party sources, such as yield curves, exchange rates, S&P 500 Index prices, London Interbank Offered Rates ("LIBOR"), Overnight Index Swap ("OIS") rates, and Secured Overnight Financing Rate ("SOFR"). The Company uses SOFR discounting for valuations of interest rate derivatives; however, certain legacy positions may continue to be discounted on OIS. The Company uses OIS for valuations of collateralized interest rate derivatives, which are obtained from third-party sources. For those derivatives that are unable to be valued by the accounting system, the Company typically utilizes values established by third-party brokers. Counterparty credit risk is considered and incorporated in the Company's valuation process through counterparty credit rating requirements and monitoring of overall exposure. It is the Company's policy to transact only with investment grade counterparties with a credit rating of A- or better. The Company's nonperformance risk is also considered and incorporated in the Company's valuation process. The Company also has certain credit default swaps and options that are priced by third party vendors or by using models that primarily use market observable inputs, but contain inputs that are not observable to market participants, which have been classified as Level 3. The remaining derivative instruments are valued based on market observable inputs and are classified as Level 2. Stabilizer and MCGs : The Company records reserves for Stabilizer and MCG contracts containing guaranteed credited rates. The guarantee is treated as an embedded derivative or a stand-alone derivative (depending on the underlying product) and is required to be reported at fair value. The estimated fair value is determined based on the present value of projected future claims, minus the present value of future guaranteed premiums. At inception of the contract, the Company projects a guaranteed premium to be equal to the present value of the projected future claims. The income associated with the contracts is projected using relevant actuarial and capital market assumptions, including benefits and related contract charges, over the anticipated life of the related contracts. The cash flow estimates are projected under multiple capital market scenarios using observable risk-free rates and other best estimate assumptions. These derivatives are classified as Level 3 liabilities. The discount rate used to determine the fair value of the Company's Stabilizer embedded derivative and MCG stand-alone derivative includes an adjustment to reflect the risk that these obligations will not be fulfilled ("nonperformance risk"). The nonperformance risk adjustment incorporates a blend of observable, similarly rated peer holding company credit spreads, adjusted to reflect the credit quality of the individual insurance subsidiary that issued the guarantee, as well as an adjustment to reflect the non-default spreads and the priority and recovery rates of policyholder claims. Level 3 Financial Instruments The fair values of certain assets and liabilities are determined using prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement (i.e., Level 3 as defined by ASC Topic 820), including but not limited to liquidity spreads for investments within markets deemed not currently active. These valuations, whether derived internally or obtained from a third-party, use critical assumptions that are not widely available to estimate market participant expectations in valuing the asset or liability. In addition, the Company has determined, for certain financial instruments, an active market is such a significant input to determine fair value that the presence of an inactive market may lead to classification in Level 3. In light of the methodologies employed to obtain the fair values of financial assets and liabilities classified as Level 3, additional information is presented below. The following tables summarize the change in fair value of the Company’s Level 3 assets and liabilities and transfers in and out of Level 3 for the periods indicated: Three Months Ended September 30, 2024 Fair Value as of Realized/Unrealized Purchases Issuances Sales Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value as of Change In Unrealized Gains (Losses) Included in Earnings (3) Change in Unrealized Gains (Losses) Included in OCI (3) Net Income OCI Fixed maturities, including securities pledged: U.S. Corporate public securities $ 9 $ — $ (1) $ — $ — $ — $ — $ — $ — $ 8 $ — $ (1) U.S. Corporate private securities 1,144 (2) 44 86 — (1) (64) — (89) 1,118 — 41 Foreign corporate public securities and foreign governments (1) 12 — — 8 — (12) — — — 8 — — Foreign corporate private securities (1) 363 1 1 16 — — (2) — — 379 1 2 Residential mortgage-backed securities 39 4 — 12 — — — — — 55 4 — Other asset-backed securities 17 — — 3 — — (2) — — 18 — — Total fixed maturities, including securities pledged 1,584 3 44 125 — (13) (68) — (89) 1,586 5 42 Equity securities, at fair value 56 2 — — — — — — — 58 2 — Stabilizers and MCGs (2) (10) — — — — — — — — (10) — — Assets held in separate accounts (4) 363 11 — 12 — (9) — — (29) 348 — — (1) Primarily U.S. dollar denominated. (2) All gains and losses on Level 3 liabilities are classified as realized gains (losses) for the purpose of this disclosure because it is impracticable to track realized and unrealized gains (losses) separately on a contract-by-contract basis. These amounts are included in Net gains (losses) in the Condensed Consolidated Statements of Operations. (3) For financial instruments still held as of September 30, amounts are included in Net investment income and Net gains (losses) in the Condensed Consolidated Statements of Operations or Unrealized gains (losses) on securities in the Condensed Consolidated Statements of Comprehensive Income. (4) The investment income and realized gains (losses) and change in unrealized gains (losses) included in net income (loss) for separate account assets are offset by an equal amount for separate account liabilities, which results in a net zero impact on Net income (loss) for the Company. Nine Months Ended September 30, 2024 Fair Value Realized/Unrealized Purchases Issuances Sales Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value as of Change in Unrealized Gains (Losses) Included in Earnings (3) Change in Unrealized Gains (Losses) Included in OCI (3) Net Income OCI Fixed maturities, including securities pledged: U.S. Corporate public securities $ 13 $ — $ — $ — $ — $ — $ (5) $ — $ — $ 8 $ — $ (1) U.S. Corporate private securities 1,185 (1) 27 186 — (10) (162) — (107) 1,118 1 21 Foreign corporate public securities and foreign governments (1) — — — 8 — — — — — 8 — — Foreign corporate private securities (1) 354 1 (8) 32 — (8) (36) 44 — 379 1 (8) Residential mortgage-backed securities 48 — — 11 — — — — (4) 55 — — Other asset-backed securities 37 — — 3 — — (5) — (17) 18 — — Total fixed maturities, including securities pledged 1,637 — 19 240 — (18) (208) 44 (128) 1,586 2 12 Equity securities, at fair value 54 4 — — — — — — — 58 4 — Stabilizer and MCGs (2) (9) — — — (1) — — — — (10) — — Assets held in separate accounts (4) 348 12 — 47 — (24) — 5 (40) 348 — — (1) Primarily U.S. dollar denominated. (2) All gains and losses on Level 3 liabilities are classified as realized gains (losses) for the purpose of this disclosure because it is impracticable to track realized and unrealized gains (losses) separately on a contract-by-contract basis. These amounts are included in Net gains (losses) in the Condensed Consolidated Statements of Operations. (3) For financial instruments still held as of September 30, amounts are included in Net investment income and Net gains (losses) in the Condensed Consolidated Statements of Operations or Unrealized gains (losses) on securities in the Condensed Consolidated Statements of Comprehensive Income. (4) The investment income and realized gains (losses) and change in unrealized gains (losses) included in net income (loss) for separate account assets are offset by an equal amount for separate account liabilities, which results in a net zero impact on Net income (loss) for the Company. Three Months Ended September 30, 2023 Fair Value as of Realized/Unrealized Purchases Issuances Sales Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value as of Change In Unrealized Gains (Losses) Included in Earnings (3) Change in Unrealized Gains (Losses) Included in OCI (3) Net Income OCI Fixed maturities, including securities pledged: U.S. Corporate public securities $ 13 $ — $ — $ — $ — $ — $ — $ — $ — $ 13 $ — $ — U.S. Corporate private securities 1,305 — (36) 17 — — (36) 47 (172) 1,125 — (37) Foreign corporate private securities (1) 333 (1) (7) 41 — — (17) 43 (16) 376 (1) (7) Residential mortgage-backed securities 49 (3) — 3 — — — 5 — 54 (3) — Other asset-backed securities 32 — — 10 — — (1) — (2) 39 — — Total fixed maturities, including securities pledged 1,732 (4) (43) 71 — — (54) 95 (190) 1,607 (4) (44) Equity securities, at fair value 114 (1) — — — — — — — 113 1 — Stabilizer and MCGs (2) (3) (23) — — (1) — — — — (27) — — Assets held in separate accounts (4) 344 (5) — 1 — (4) — 6 (1) 341 — — (1) Primarily U.S. dollar denominated. (2) All gains and losses on Level 3 liabilities are classified as realized gains (losses) for the purpose of this disclosure because it is impracticable to track realized and unrealized gains (losses) separately on a contract-by-contract basis. These amounts are included in Net gains (losses) in the Condensed Consolidated Statements of Operations. (3) For financial instruments still held as of September 30, amounts are included in Net investment income and Net gains (losses) in the Condensed Consolidated Statements of Operations. (4) The investment income and realized gains (losses) and change in unrealized gains (losses) included in net income (loss) for separate account assets are offset by an equal amount for separate account liabilities, which results in a net zero impact on Net income (loss) for the Company. Nine Months Ended September 30, 2023 Fair Value Realized/Unrealized Purchases Issuances Sales Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value as of Change in Unrealized Gains (Losses) Included in Earnings (3) Change in Unrealized Gains (Losses) Included in OCI (3) Net Income OCI Fixed maturities, including securities pledged: U.S. Corporate public securities $ 13 $ — $ — $ — $ — $ — $ — $ — $ — $ 13 $ — $ — U.S. Corporate private securities 1,356 — (34) 79 — (3) (113) 32 (192) 1,125 — (36) Foreign corporate public securities and foreign governments (1) 2 — — — — — — — (2) — — — Foreign corporate private securities (1) 339 1 (1) 89 — — (145) 95 (2) 376 1 (2) Residential mortgage-backed securities 20 (5) — 37 — — — 2 — 54 (5) — Other asset-backed securities 52 — (1) 10 — — (2) — (20) 39 — — Total fixed maturities, including securities pledged 1,782 (4) (36) 215 — (3) (260) 129 (216) 1,607 (4) (38) Equity securities, at fair value 117 (7) — — — — — 3 — 113 (7) — Stabilizers and MCGs (2) (6) (20) — — (1) — — — — (27) — — Assets held in separate accounts (4) 347 (9) — 8 — (13) — 9 (1) 341 — — (1) Primarily U.S. dollar denominated. (2) All gains and losses on Level 3 liabilities are classified as realized gains (losses) for the purpose of this disclosure because it is impracticable to track realized and unrealized gains (losses) separately on a contract-by-contract basis. These amounts are included in Net gains (losses) in the Condensed Consolidated Statements of Operations. (3) For financial instruments still held as of September 30, amounts are included in Net investment income and Net gains (losses) in the Condensed Consolidated Statements of Operations. (4) The investment income and realized gains (losses) and change in unrealized gains (losses) included in net income (loss) for separate account assets are offset by an equal amount for separate account liabilities, which results in a net zero impact on Net income (loss) for the Company. For the three and nine months ended September 30, 2024 and 2023, the transfers in and out of Level 3 for fixed maturities were due to the variation in inputs relied upon for valuation each quarter. Securities that are primarily valued using independent broker quotes when prices are not available from one of the commercial pricing services are reflected as transfers into Level 3. When securities are valued using more widely available information, the securities are transferred out of Level 3 and into Level 1 or 2, as appropriate. Other Financial Instruments The following disclosures are made in accordance with the requirements of ASC Topic 825 which requires disclosure of fair value information about financial instruments, whether or not recognized at fair value on the Condensed Consolidated Balance Sheets. The carrying values and estimated fair values of the Company’s financial instruments as of the dates indicated: September 30, 2024 December 31, 2023 Carrying Fair Carrying Fair Assets: Fixed maturities, including securities pledged $ 20,763 $ 20,763 $ 20,839 $ 20,839 Equity securities 69 69 65 65 Mortgage loans on real estate 3,742 3,627 4,048 3,829 Policy loans 163 163 161 161 Cash and cash equivalents, short-term investments and short-term investments under securities loan agreements 1,444 1,444 1,061 1,061 Derivatives 161 161 213 213 Short-term loan to affiliate (2) 155 155 295 295 Other investments 95 95 88 88 Assets held in separate accounts 100,422 100,422 90,282 90,282 Liabilities: Investment contract liabilities: Funding agreements without fixed maturities and deferred annuities (1) $ 25,962 $ 29,051 $ 26,867 $ 28,954 Funding agreements with fixed maturities 723 701 671 672 Supplementary contracts, immediate annuities and other 220 188 231 192 Stabilizer and MCGs 10 10 9 9 Derivatives 293 293 299 299 Short-term debt (3) 51 51 31 31 Long-term debt (3) 1 1 1 1 (1) Certain amounts included in Funding agreements without fixed maturities and deferred annuities are also reflected within the Stabilizer and MCGs section of the table above. (2) Included in Other Assets on the Condensed Consolidated Balance Sheets. (3) Included in Other Liabilities on the Condensed Consolidated Balance Sheets. The following table presents the classification of financial instruments which are not carried at fair value on the Condensed Consolidated Balance Sheets: Financial Instrument Classification Mortgage loans on real estate Level 3 Policy loans Level 2 Short-term loan to affiliate Level 2 Other investments Level 2 Funding agreements without fixed maturities and deferred annuities Level 3 Funding agreements with fixed maturities Level 2 Supplementary contracts, immediate annuities and other Level 3 Short-term debt and Long-term debt Level 2

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs and Value of Business Acquired	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Deferred Policy Acquisition Costs	5. Deferred Policy Acquisition Costs and Value of Business Acquired The following table presents a rollforward of DAC and VOBA for the periods indicated: DAC VOBA (1) Wealth Solutions Deferred and Individual Annuities Balance as of January 1, 2023 $ 578 $ 348 Deferrals of commissions and expenses 56 3 Amortization expense (45) (30) Balance as of December 31, 2023 $ 589 $ 321 Deferrals of commissions and expenses 42 2 Amortization expense (34) (20) Balance as of September 30, 2024 $ 597 $ 303 (1) There was no loss recognition for VOBA during the periods presented. The following table shows a reconciliation of DAC and VOBA balances to the Condensed Consolidated Balance Sheets for the periods indicated: September 30, 2024 December 31, 2023 DAC: Wealth Solutions Deferred and Individual Annuities $ 597 $ 589 Other 10 10 VOBA 303 321 Total $ 910 $ 920

Reserves for Future Policy Bene

Reserves for Future Policy Benefits and Contract Owner Account Balances	9 Months Ended
	Sep. 30, 2024
Reserves for Future Policy Benefits and Contract Owner Balances [Abstract]
Liability for Future Policy Benefits and Unpaid Claims Disclosure	6. Reserves for Contract Owner Account Balances The following table presents a rollforward of Contract owner account balances for the periods indicated: Wealth Solutions Deferred Group and Individual Annuity September 30, 2024 December 31, 2023 Balance at January 1 $ 25,991 $ 27,951 Deposits 1,784 2,223 Fee income (36) (9) Surrenders, withdrawals and benefits (3,181) (4,900) Net transfers (from) to the general account (2) 103 (9) Interest credited 532 735 Ending Balance $ 25,193 $ 25,991 Weighted-average crediting rate 2.8 % 2.7 % Net amount at risk (1) $ 92 $ 116 Cash surrender value $ 24,830 $ 25,631 (1) For those guarantees of benefits that are payable in the event of death, the net amount at risk is generally defined as the current guaranteed minimum death benefit in excess of the current account balance at the balance sheet date and is calculated at a contract level. Where a contract has both a living and a death benefit, the Company calculates NAR at a contract level and aggregates the higher of the two values together. (2) Net transfers (from) to the general account includes transfers of $(867) and $(524) for 2024 and 2023, respectively, related to VRIAC-managed institutional/mutual fund plan assets in trust that are not reflected on the Condensed Consolidated Balance Sheets. The following table shows a reconciliation of the Contract owner account balances for deferred group and individual annuities to the Future policy benefits and contract owner accounts balances on the Condensed Consolidated Balance Sheets for the periods indicated: September 30, 2024 December 31, 2023 Wealth Solutions Deferred group and individual annuity (Contract owner account balances) $ 25,193 $ 25,991 Non-puttable funding agreements 723 671 Other (Future policy benefits and Contract owner account balances) (1) 3,671 3,915 Ending balance $ 29,587 $ 30,577 (1) Primarily related to reinsured business The following table summarizes detail on the differences between the interest rate being credited to contract holders as of the periods indicated, and the respective guaranteed minimum interest rates ("GMIRs"): Account Value (1) Excess of crediting rate over GMIR At GMIR Up to .50% Above GMIR 0.51% - 1.00% 1.01% - 1.50% Above GMIR 1.51% - 2.00% Above GMIR More than 2.00% Above GMIR Total As of September 30, 2024 Up to 1.00% $ 9 $ 4,161 $ 3,664 $ 1,716 $ 1,467 $ 867 $ 11,884 1.01% - 2.00% 113 68 40 4 — — 225 2.01% - 3.00% 5,844 33 1 — — — 5,878 3.01% - 4.00% 7,399 — — — — — 7,399 4.01% and Above 4 — — — — — 4 Renewable beyond 12 months (MYGA) (2) 352 — — — 2 — 354 Total discretionary rate setting products $ 13,721 $ 4,262 $ 3,705 $ 1,720 $ 1,469 $ 867 $ 25,744 As of December 31, 2023 Up to 1.00% $ 11 $ 4,663 $ 3,451 $ 2,204 $ 858 $ 797 $ 11,984 1.01% - 2.00% 141 73 44 6 — 1 265 2.01% - 3.00% 6,275 36 1 — — — 6,312 3.01% - 4.00% 7,708 — — — — — 7,708 4.01% and Above 4 — — — — — 4 Renewable beyond 12 months (MYGA) (2) 398 — — — 3 — 401 Total discretionary rate setting products $ 14,537 $ 4,772 $ 3,496 $ 2,210 $ 861 $ 798 $ 26,674 (1) Includes only the account values for investment spread products with GMIRs and discretionary crediting rates, net of policy loans. Excludes Stabilizer products, which are fee based. (2) Represents multi year guaranteed annuity ("MYGA") contracts with renewal dates after September 30, 2024 and December 31, 2023 on which we are required to credit interest above the contractual GMIR for at least the next twelve months.

Reinsurance

Reinsurance	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Reinsurance [Text Block]	7. Reinsurance As of September 30, 2024, the Company has reinsurance treaties with three unaffiliated reinsurers covering a significant portion of the mortality risks and guaranteed death benefits under its variable contracts. Premiums receivable and reinsurance recoverable were comprised of the following as of the dates indicated: September 30 December 31, 2024 2023 Premiums receivable $ (1) $ — Reinsurance recoverable, net of allowance for credit losses 2,691 2,899 Total $ 2,690 $ 2,899 Information regarding the effect of reinsurance on the Condensed Consolidated Statements of Operations is as follows for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Premiums: Direct premiums $ 6 $ 16 $ 4 $ 26 Reinsurance ceded — (1) — (2) Net premiums $ 6 $ 15 $ 4 $ 24 Interest credited and other benefits to contract owners / policyholders: Direct interest credited and other benefits to contract owners / policyholders $ 247 $ 256 $ 658 $ 699 Reinsurance assumed 1 1 3 3 Reinsurance ceded (40) 4 (77) (79) Net interest credited and other benefits to contract owners / policyholders $ 208 $ 261 $ 584 $ 623 If the Company determines that a reinsurance agreement does not expose the reinsurer to a reasonable possibility of a significant loss from insurance risk, the Company records the agreement using the deposit method of accounting. As of September 30, 2024 and December 31, 2023, the Company had a deposit asset net of the allowance for credit losses of $0.9 billion and $1.0 billion, respectively, which is reported in Other assets on the Condensed Consolidated Balance Sheets.

Other Income and Expenses

Other Income and Expenses	9 Months Ended
	Sep. 30, 2024
Other Income and Expenses [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Shareholder’s equity included the following components of Accumulated other comprehensive income ("AOCI") as of the dates indicated: September 30, 2024 September 30, 2023 Fixed maturities, net of impairment $ (1,308) $ (2,965) Derivatives (1) 31 88 Change in current discount rate (312) (334) Deferred income tax asset (liability) (2) 462 803 Total (1,127) (2,408) Pension and other postretirement benefits liability, net of tax 2 1 AOCI $ (1,125) $ (2,407) (1) Gains and losses reported in AOCI from hedge transactions that resulted in the acquisition of an identified asset are reclassified into earnings in the same period or periods during which the asset acquired affects earnings. As of September 30, 2024, the portion of the AOCI that is expected to be reclassified into earnings within the next twelve months is $12. (2) The Company uses the portfolio method to determine when stranded tax benefits (or detriments) are released from AOCI. Changes in AOCI, including the reclassification adjustments recognized in the Condensed Consolidated Statements of Operations were as follows for the periods indicated: Three Months Ended September 30, 2024 Before-Tax Amount Income Tax (Benefit) After-Tax Amount Available-for-sale securities: Fixed maturities $ 775 $ (164) $ 611 Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations (20) 5 (15) Change in unrealized gains (losses) on available-for-sale securities 755 (159) 596 Derivatives: Derivatives (23) (1) 5 (18) Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations (4) 1 (3) Change in unrealized gains (losses) on derivatives (27) 6 (21) Change in current discount rate 4 — 4 Change in Accumulated other comprehensive income (loss) $ 732 $ (153) $ 579 (1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information. Nine Months Ended September 30, 2024 Before-Tax Amount Income Tax (Benefit) After-Tax Amount Available-for-sale securities: Fixed maturities $ 522 $ (111) $ 411 Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations (3) 1 (2) Change in unrealized gains (losses) on available-for-sale securities 519 (110) 409 Derivatives: Derivatives (14) (1) 3 (11) Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations (12) 3 (9) Change in unrealized gains (losses) on derivatives (26) 6 (20) Change in current discount rate 21 (4) 17 Change in Accumulated other comprehensive income (loss) $ 514 $ (108) $ 406 (1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information. Three Months Ended September 30, 2023 Before-Tax Amount Income Tax (Benefit) After-Tax Amount Available-for-sale securities: Fixed maturities $ (697) $ 147 $ (550) Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations 10 (2) 8 Change in unrealized gains (losses) on available-for-sale securities (687) 145 (542) Derivatives: Derivatives 6 (1) (1) 5 Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations (5) 1 (4) Change in unrealized gains (losses) on derivatives 1 — 1 Change in current discount rate 4 (1) 3 Change in Accumulated other comprehensive income (loss) $ (682) $ 144 $ (538) (1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information. Nine Months Ended September 30, 2023 Before-Tax Amount Income Tax (Benefit) After-Tax Amount Available-for-sale securities: Fixed maturities $ (451) $ 95 $ (356) Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations 29 (6) 23 Change in unrealized gains (losses) on available-for-sale securities (422) 89 (333) Derivatives: Derivatives (9) (1) 2 (7) Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations (15) 3 (12) Change in unrealized gains (losses) on derivatives (24) 5 (19) Change in current discount rate 15 (3) 12 Change in Accumulated other comprehensive income (loss) $ (431) $ 91 $ (340) (1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information.

Revenue from Contract with Cust

Revenue from Contract with Customer	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Revenue from Contracts with Customers Financial services revenue is disaggregated by type of service in the following table: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Advisory and recordkeeping & administration $ 148 $ 115 $ 424 $ 341 Distribution and shareholder servicing 20 19 59 55 Total financial services revenue 168 134 483 396 Revenue from other sources (1) 140 122 405 354 Total Fee income and Other revenue $ 308 $ 256 $ 888 $ 750 (1) Primarily consists of revenue from insurance contracts and financial instruments. Receivables of $98 and $94 are included in Other assets on the Condensed Consolidated Balance Sheets as of September 30, 2024 and December 31, 2023, respectively.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	The Company's effective tax rate for the nine months ended September 30, 2024 was 9.9%. The effective tax rate differed from the statutory rate of 21% primarily due to the effect of the DRD, the Security Life of Denver Company capital loss carryback as discussed below and tax credits. The Company's effective tax rates for the three and nine months ended September 30, 2023 were (70.7)% and (2.8)%, respectively. The effective tax rates differed from the statutory rate of 21% primarily due to the effect of the DRD, the Security Life of Denver Company capital loss carryback and tax credits. On January 4, 2021, Voya Financial completed a series of transactions pursuant to a Master Transaction Agreement with Resolution Life U.S. Holdings Inc. ("Resolution Life US"). As a part of these transactions, Resolution Life US acquired Voya Financial's wholly owned subsidiary, Security Life of Denver Company ("SLD"). SLD generated capital losses in the 2023 and 2022 tax years, which are included in a carryback claim for Voya Financial. The Company recorded a $13 and $23 tax benefit in 2024 and 2023, respectively, resulting in a decrease to the effective tax rate. Valuation allowances are provided when it is considered more likely than not that some portion or all of the deferred tax assets ("DTAs") will not be realized. The Company reviews all available positive and negative evidence to determine if a valuation allowance is recorded, including historical and projected pre-tax book income, tax planning strategies and reversals of temporary differences. As of September 30, 2024, the Company had year-to-date gains on securities of $493 in Other comprehensive income reducing the related DTA. Additionally, income before income taxes remained positive for the period and was largely consistent with the 2023 year-end valuation allowance analysis. After evaluating the positive and negative evidence, the Company did not change its judgement regarding the realization of DTAs and did not establish a valuation allowance. For more information related to the valuation allowance, refer to the Income Taxes Note to the Consolidated Financial Statements included in Part II, Item 8 of the Annual Report on Form 10-K . Tax Sharing Agreement The results of the Company's operations are included in the consolidated tax return of Voya Financial. Generally, the Company's consolidated financial statements recognize the current and deferred income tax consequences that result from the Company's activities during the current and preceding periods pursuant to the provisions of Income Taxes (ASC Topic 740) as if the Company were a separate taxpayer rather than a member of Voya Financial's consolidated income tax return group with the exception of any net operating loss carryforwards and capital loss carryforwards, which are recorded pursuant to the tax sharing agreement. If the Company instead were to follow a separate taxpayer approach without any exceptions, there would be no impact to income tax expense (benefit) for the periods indicated above. Also, any current tax benefit related to the Company's tax attributes realized by virtue of its inclusion in the consolidated tax return of Voya Financial would have been recorded directly to equity rather than income. Under the tax sharing agreement, Voya Financial will pay the Company for the tax benefits of ordinary and capital losses only in the event that the consolidated tax group actually uses the tax benefit of losses generated. Tax Regulatory Matters For the tax years 2022 through 2024, the Company participates in the Internal Revenue Service ("IRS") Compliance Assurance Process ("CAP"), which is a continuous audit program provided by the IRS. For the 2023 tax year, the Company is in the Compliance Maintenance Bridge ("Bridge") phase of CAP. In the Bridge phase, the IRS did not conduct any review or provide any letters of assurance for that tax year. For the 2024 tax year, the Company is in the Compliance Maintenance Bridge Plus ("Bridge Plus") phase of CAP. In the Bridge Plus phase, the IRS will review the tax return and issue either a full or partial acceptance letter upon completion of review. Tax Legislative Matters In August 2022, the Inflation Reduction Act was signed into law creating the corporate alternative minimum tax ("CAMT"). In September 2024, the Department of Treasury issued proposed regulations providing additional guidance on the CAMT. Based on the proposed regulations, the Company does not expect to be subject to the CAMT for 2024.

Financing Agreements

Financing Agreements	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Financing Agreements	Financing Agreements Reciprocal Loan Agreement The Company maintains a reciprocal loan agreement with Voya Financial, an affiliate, to facilitate the handling of unanticipated short-term cash requirements that arise in the ordinary course of business. Under this agreement, which expires on April 1, 2026, either party can borrow from the other up to 3.0% of the Company’s statutory admitted assets as of the preceding December 31. Interest on any borrowing by either the Company or Voya Financial is charged at a rate based on the prevailing market rate for similar third-party borrowings or securities. Under this agreement, the Company incurre d $1 interest expense for the three months and nine months ended September 30, 2024, and $1 and $2 interest expense for the three and nine months ended September 30, 2023, respectively. The Company earned $5 and $18 of interest income for the three and nine months ended September 30, 2024, respectively, and $3 and $14 of interest income for the three and nine months ended September 30, 2023, respectively. As of September 30, 2024, the Company had $155 outstanding receivables and VIPS had an outstanding payable of $50 under the reciprocal loan agreement. As of December 31, 2023, the Company had $295 outstanding receivables and VIPS had a $31 outstanding payable under the reciprocal loan agreement.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments Through the normal course of investment operations, the Company commits to either purchase or sell securities, mortgage loans, or money market instruments, at a specified future date and at a specified price or yield. The inability of counterparties to honor these commitments may result in either a higher or lower replacement cost. Also, there is likely to be a change in the value of the securities underlying the commitments. As of September 30, 2024, the Company had off-balance sheet commitments to acquire mortgage loans of $101 and purchase limited partnerships and private placement investments of $796. Restricted Assets The Company is required to maintain assets on deposit with various regulatory authorities to support its insurance operations. The Company may also post collateral in connection with certain securities lending, repurchase agreements, funding agreements, letter of credit ("LOC") and derivative transactions as described further in this note. The components of the fair value of the restricted assets were as follows as of the dates indicated: September 30, 2024 December 31, 2023 Fixed maturity collateral pledged to FHLB (1) $ 1,292 $ 1,205 FHLB restricted stock (2) 34 33 Other fixed maturities-state deposits 12 11 Cash and cash equivalents 1 2 Securities pledged (3) 1,027 798 Total restricted assets $ 2,366 $ 2,049 (1) Included in Fixed maturities, available for sale, at fair value on the Condensed Consolidated Balance Sheets. (2) Included in Other investments on the Condensed Consolidated Balance Sheets. (3) Includes the fair value of loaned securities of $864 and $645 as of September 30, 2024 and December 31, 2023, respectively. In addition, as of September 30, 2024 and December 31, 2023, the Company delivered securities as collateral of $137 and $153, respectively, and repurchase agreements of $26 and $0, respectively. Loaned securities and securities delivered as collateral are included in Securities pledged on the Condensed Consolidated Balance Sheets. Federal Home Loan Bank Funding The Company is a member of the Federal Home Loan Bank of Boston ("FHLB") and is required to pledge collateral to back funding agreements issued to the FHLB. As of September 30, 2024 and December 31, 2023, the Company had $723 and $671, respectively, in non-putable funding agreements, which are included in Future policy benefits and contract owner account balances on the Condensed Consolidated Balance Sheets. As of September 30, 2024 and December 31, 2023, assets with a market value of approximately $1,292 and $1,205, respectively, collateralized the FHLB funding agreements. Assets pledged to the FHLB are included in Fixed maturities, available-for-sale, at fair value on the Condensed Consolidated Balance Sheets. Litigation, Regulatory Matters and Contingencies Litigation, regulatory and other loss contingencies arise in connection with the Company's activities as a diversified financial services firm. The Company is a defendant in a number of litigation matters arising from the conduct of its business, both in the ordinary course and otherwise. In some of these matters, claimants seek to recover very large or indeterminate amounts, including compensatory, punitive, treble and exemplary damages. Modern pleading practice in the U.S. permits considerable variation in the assertion of monetary damages and other relief. Claimants are not always required to specify the monetary damages they seek or they may be required only to state an amount sufficient to meet a court's jurisdictional requirements. Moreover, some jurisdictions allow claimants to allege monetary damages that far exceed any reasonably possible verdict. The variability in pleading requirements and past experience demonstrates that the monetary and other relief that may be requested in a lawsuit or claim often bears little relevance to the merits or potential value of a claim. Litigation against the Company includes a variety of claims including negligence, breach of contract, fraud, violation of regulation or statute, breach of fiduciary duty, negligent misrepresentation, failure to supervise, elder abuse and other torts. As with other financial services companies, the Company periodically receives informal and formal requests for information from various state and federal governmental agencies and self-regulatory organizations in connection with inquiries and investigations of the products and practices of the Company or the financial services industry. The outcome of a litigation or regulatory matter is difficult to predict and the amount or range of potential losses associated with these or other loss contingencies requires significant management judgment. It is not possible to predict the ultimate outcome or to provide reasonably possible losses or ranges of losses for all pending regulatory matters, litigation and other loss contingencies. While it is possible that an adverse outcome in certain cases could have a material adverse effect upon the Company's financial position, based on information currently known, management believes that neither the outcome of pending litigation and regulatory matters, nor potential liabilities associated with other loss contingencies, are likely to have such an effect. However, given the large and indeterminate amounts sought in certain litigation and the inherent unpredictability of all such matters, it is possible that an adverse outcome in certain of the Company's litigation or regulatory matters, or liabilities arising from other loss contingencies, could, from time to time, have a material adverse effect upon the Company's results of operations or cash flows in a particular quarterly or annual period. For some matters, the Company is able to estimate a possible range of loss. For such matters in which a loss is probable, an accrual has been made. For matters where the Company, however, believes a loss is reasonably possible, but not probable, no accrual is required. For matters for which an accrual has been made, but there remains a reasonably possible range of loss in excess of the amounts accrued or for matters where no accrual is required, the Company develops an estimate of the unaccrued amounts of the reasonably possible range of losses. As of September 30, 2024, the Company estimates the aggregate range of reasonably possible losses, in excess of any amounts accrued for these matters as of such date, as not material to the Company. For other matters, the Company is currently not able to estimate the reasonably possible loss or range of loss. The Company is often unable to estimate the possible loss or range of loss until developments in such matters have provided sufficient information to support an assessment of the range of possible loss, such as quantification of a damage demand from plaintiffs, discovery from plaintiffs and other parties, investigation of factual allegations, rulings by a court on motions or appeals, analysis by experts and the progress of settlement discussions. On a quarterly and annual basis, the Company reviews relevant information with respect to litigation and regulatory contingencies and updates the Company's accruals, disclosures and reasonably possible losses or ranges of loss based on such reviews. Litigation includes Ravarino, et al. v. Voya Financial, Inc., et al. (USDC District of Connecticut, No. 3:21-cv-01658)(filed December 14, 2021). In this putative class action, the plaintiffs allege that the named defendants, which include the Company, breached their fiduciary duties of prudence and loyalty in the administration of the Voya 401(k) Savings Plan. The plaintiffs claim that the named defendants did not exercise proper prudence in their management of allegedly poorly performing investment options, including proprietary funds, and passed excessive investment-management and other administrative fees for proprietary and non-proprietary funds onto plan participants. The plaintiffs also allege that the defendants engaged in self-dealing through the inclusion of the Voya Stable Value Option into the plan offerings and by setting the “crediting rate” for participants’ investment in the Stable Value Fund artificially low in relation to Voya’s general account investment returns in order to maximize the spread and Voya’s profits at the participants’ expense. The complaint seeks disgorgement of unjust profits as well as costs incurred. On June 13, 2023, the Court issued a ruling granting in part and denying in part Voya's motion to dismiss. The court largely dismissed the claims for breach of fiduciary duty. The remaining claims concern allegations of breaches of the ERISA prohibited transactions rule and a claim for failure to monitor the Voya Small Cap Growth fund. The Company denies the allegations, which it believes are without merit, and intends to defend the case vigorously.

Related Party

Related Party	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	14. Related Party Transactions Operating Agreements The Company has operating agreements whereby the Company provides or receives services from affiliated entities. For the three and nine months ended September 30, 2024, revenues with affiliated entities related to these agreements were $21 and $63, respectively. For the three and nine months ended September 30, 2023, revenues with affiliated entities related to these agreements were $19 and $58, respectively. For the three and nine months ended September 30, 2024, expenses with affiliated entities related to the aforementioned operating agreements were $143 and $431, respectively. For the three and nine months ended September 30, 2023, expenses with affiliated entities related to the aforementioned operating agreements were $143 and $448, respectively.

Business, Basis of Presentati_2

Business, Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying Condensed Consolidated Financial Statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP") and are unaudited. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the Condensed Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Those estimates are inherently subject to change and actual results could differ from those estimates, and the differences may be material to the Condensed Consolidated Financial Statements. The Condensed Consolidated Financial Statements include the accounts of VRIAC and its wholly owned subsidiaries, VFP, Voya Institutional Plan Services, LLC ("VIPS"), and Voya Retirement Advisors, LLC ("VRA"). Intercompany transactions and balances have been eliminated. The accompanying Condensed Consolidated Financial Statements are unaudited and reflect adjustments (including normal, recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows for the interim periods presented, in conformity with U.S. GAAP. Interim results are not necessarily indicative of full year performance. These unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and related notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023.
Adoption of New Pronouncements	Adoption of New Pronouncements Equity Securities Subject to Contractual Sale Restrictions In June 2022, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2022-03, "Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions" ("ASU 2022-03"), which clarifies that contractual restrictions on equity security sales are not considered part of the security unit of account and, therefore, are not considered in measuring the fair value. In addition, the restrictions cannot be recognized and measured as separate units of account. Disclosures on such restrictions are also required. The provisions of ASU 2022-03 were adopted prospectively on January 1, 2024. The adoption did not have an impact on the Company's financial condition, results of operations, or cash flows. Future Adoption of Accounting Pronouncements Income Tax Disclosures In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures" ("ASU 2023-09"), which requires: • A tabular rate reconciliation of (1) reported income tax expense/benefit from continuing operations, to (2) the product of the income/loss from continuing operations before income taxes and the statutory federal income tax rate, using specific categories, as well as disclosure of certain reconciling items based on a 5% threshold. • Year-to-date net income taxes paid, disaggregated by federal, state, and foreign, as well as disaggregated information on net income taxes paid to an individual jurisdiction based on a 5% threshold. The amendments are effective for annual periods beginning after December 15, 2024 and should be applied prospectively, with retrospective application permitted. Early adoption is also permitted. The Company is currently in the process of determining the disclosures that may be required by the adoption of the provisions of ASU 2023-09. Segment Disclosures In November 2023, the FASB issued ASU 2023-07 "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" ("ASU 2023-07"), which requires all current annual disclosures about segment profit/loss and assets to be reported in interim periods, as well as enhanced disclosures about significant segment expenses. The amendments are effective for fiscal years beginning after December 15, 2023, and interim periods beginning after December 15, 2024, and are required to be applied retrospectively. Restated prior period disclosures should be based on the significant segment expense categories disclosed in the period of adoption. The Company is currently in the process of determining the disclosures that may be required by the adoption of the provisions of ASU 2023-07. Climate Related Disclosures In March 2024, the SEC adopted a final rule under SEC Release No. 33-11275, The Enhancement and Standardization of Climate-Related Disclosures for Investors, to enhance and standardize climate-related disclosures. The rule will require companies to disclose material Scope 1 and Scope 2 greenhouse gas emissions; climate-related risks, governance, and oversight; and the financial effects of severe weather events and other natural conditions. These disclosures will be phased in beginning with the Company's annual report for the year ending December 31, 2025. While the implementation of this rule is pending the outcome of legal challenges, the Company is currently assessing the disclosures that may be required by the adoption in the event that the stay is lifted.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities (Policies)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	The Company primarily enters into the following types of derivatives: Interest rate swaps: Interest rate swaps are used by the Company primarily to reduce market risks from changes in interest rates and to alter interest rate exposure arising from mismatches between assets and/or liabilities. Interest rate swaps are also used to hedge the interest rate risk associated with the value of assets it owns or in an anticipation of acquiring them. Using interest rate swaps, the Company agrees with another party to exchange, at specified intervals, the difference between fixed rate and floating rate interest payments, calculated by reference to an agreed upon notional principal amount. These transactions are entered into pursuant to master agreements that provide for a single net payment to be made to/from the counterparty at each due date. The Company utilizes these contracts in qualifying hedging relationships as well as non-qualifying hedging relationships. Foreign exchange swaps: The Company uses foreign exchange or currency swaps to reduce the risk of change in the value, yield or cash flows associated with certain foreign denominated invested assets. Foreign exchange swaps represent contracts that require the exchange of foreign currency cash flows against U.S. dollar cash flows at regular periods, typically quarterly or semi-annually. The Company utilizes these contracts in qualifying hedging relationships as well as non-qualifying hedging relationships. Futures: The Company uses interest rate futures contracts to hedge its exposure to market risks due to changes in interest rates. The Company enters into exchange traded futures with regulated futures commissions that are members of the exchange. The Company also posts initial and variation margins, with the exchange, on a daily basis. The Company utilizes exchange-traded futures in non-qualifying hedging relationships. Embedded derivatives: The Company also invests in certain fixed maturity instruments and has issued certain products that contain embedded derivatives for which market value is at least partially determined by, among other things, levels of or changes in domestic and/or foreign interest rates (short-term or long-term), exchange rates, prepayment rates, equity rates, or credit ratings/spreads. In addition, the Company has entered into coinsurance with funds withheld arrangements, which contain embedded derivatives. The Company utilizes derivative contracts mainly to hedge exposure to variability in cash flows, interest rate risk, credit risk, foreign exchange risk and equity market risk. The majority of derivatives used by the Company are designated as product hedges, which hedge the exposure arising from insurance liabilities or guarantees embedded in the contracts the Company offers through various product lines. The Company also uses derivatives contracts to hedge its exposure to various risks associated with the investment portfolio. The Company also uses credit default swaps coupled with other investments in order to produce the investment characteristics of otherwise permissible investments. Based on the notional amounts, a substantial portion of the Company’s derivative positions was not designated or did not qualify for hedge accounting as part of a hedging relationship as outlined in ASC Topic 815 as of September 30, 2024 and December 31, 2023.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Investments Classified by Contractual Maturity Date	Available-for-sale and FVO fixed maturities were as follows as of December 31, 2023: Amortized Gross Gross Embedded Derivatives (2) Allowance Fair Fixed maturities: U.S. Treasuries $ 297 $ 3 $ 25 $ — $ — $ 275 U.S. Government agencies and authorities 32 — 2 — — 30 State, municipalities and political subdivisions 623 1 70 — — 554 U.S. corporate public securities 6,291 73 759 — — 5,605 U.S. corporate private securities 3,861 31 256 — — 3,636 Foreign corporate public securities and foreign governments (1) 2,214 27 216 — 3 2,022 Foreign corporate private securities (1) 2,385 20 105 — 1 2,299 Residential mortgage-backed securities 2,631 24 124 1 — 2,532 Commercial mortgage-backed securities 2,781 1 415 — 9 2,358 Other asset-backed securities 1,564 8 43 — 1 1,528 Total fixed maturities, including securities pledged 22,679 188 2,015 1 14 20,839 Less: Securities pledged 855 — 57 — — 798 Total fixed maturities $ 21,824 $ 188 $ 1,958 $ 1 $ 14 $ 20,041 (1) Primarily U.S. dollar denominated. (2) Embedded derivatives within fixed maturity securities are reported with the host investment. The changes in fair value of embedded derivatives are reported in Net gains (losses) in the Condensed Consolidated Statements of Operations. The amortized cost and fair value of fixed maturities, including securities pledged, as of September 30, 2024, are shown below by contractual maturity. Actual maturities may differ from contractual maturities as securities may be restructured, called or prepaid. Mortgage-backed securities ("MBS") and Other asset-backed securities ("ABS") are shown separately because they are not due at a single maturity date. Amortized Fair Due to mature: One year or less $ 497 $ 484 After one year through five years 3,022 2,980 After five years through ten years 2,797 2,750 After ten years 8,614 7,760 Mortgage-backed securities 5,423 5,046 Other asset-backed securities 1,741 1,743 Fixed maturities, including securities pledged $ 22,094 $ 20,763
Schedule of Securities Borrowed Under Securities Lending Transactions	September 30, 2024 December 31, 2023 U.S. Treasuries $ 10 $ 12 U.S. corporate public securities 508 438 Short-term Investments 145 31 Foreign corporate public securities and foreign governments 231 189 Total (1) $ 894 $ 670
Financing Receivable, Allowance for Credit Loss	The following tables present a rollforward of the allowance for credit losses on available-for-sale fixed maturity securities for the period presented: Nine Months Ended September 30, 2024 U.S. corporate private securities Commercial mortgage-backed securities Foreign corporate public securities and foreign governments Foreign corporate private securities Other asset-backed securities Total Balance as of January 1, 2024 $ — $ 9 $ 3 $ 1 $ 1 $ 14 Credit losses on securities for which credit losses were not previously recorded 3 9 — — — 12 Reductions for securities sold during the period — — (2) — — (2) Increase (decrease) on securities with allowance recorded in previous period — (1) — — 1 — Balance as of September 30, 2024 $ 3 $ 17 $ 1 $ 1 $ 2 $ 24 Year Ended December 31, 2023 U.S. Corporate private securities Commercial mortgage-backed securities Foreign corporate public securities and foreign governments Foreign corporate private securities Other asset-backed securities Total Balance as of January 1, 2023 $ — $ — $ 6 $ 1 $ — $ 7 Credit losses on securities for which credit losses were not previously recorded — 9 — — 1 10 Reductions for securities sold during the period — — (2) — — (2) Increase (decrease) on securities with allowance recorded in previous period — — (1) — — (1) Balance as of December 31, 2023 $ — $ 9 $ 3 $ 1 $ 1 $ 14 For additional information about the Company’s methodology and significant inputs used in determining whether a credit loss exists, see the Business, Basis of Presentation and Significant Accounting Policies Note to the Consolidated Financial Statements in Part II, Item 8. of the Annual Report on Form 10-K .
Schedule of Unrealized Loss on Investments	The following tables present available-for-sale fixed maturities, including securities pledged, for which an allowance for credit losses has not been recorded by investment category and duration as of the dates indicated: As of September 30, 2024 Twelve Months or Less Below Amortized Cost More Than Twelve Months Below Amortized Cost Total Fair Unrealized Capital Losses Fair Unrealized Capital Losses Fair Unrealized Capital Losses U.S. Treasuries $ 52 $ 1 $ 137 $ 23 $ 189 $ 24 U.S. Government, agencies and authorities — — 15 1 15 1 State, municipalities and political subdivisions — — 446 57 446 57 U.S. corporate public securities 88 6 3,871 653 3,959 659 U.S. corporate private securities 136 2 2,429 188 2,565 190 Foreign corporate public securities and foreign governments 31 1 1,104 165 1,135 166 Foreign corporate private securities 5 — 1,316 79 1,321 79 Residential mortgage-backed 16 — 754 93 770 93 Commercial mortgage-backed 18 — 2,138 300 2,156 300 Other asset-backed 4 — 227 20 231 20 Total $ 350 $ 10 $ 12,437 $ 1,579 $ 12,787 $ 1,589 As of December 31, 2023 Twelve Months or Less Below Amortized Cost More Than Twelve Months Below Amortized Cost Total Fair Unrealized Capital Losses Fair Unrealized Capital Losses Fair Unrealized Capital Losses U.S. Treasuries $ 60 $ 2 $ 105 $ 23 $ 165 $ 25 U.S. Government, agencies and authorities — — 17 2 17 2 State, municipalities and political subdivisions 16 — 528 70 544 70 U.S. corporate public securities 215 13 4,233 746 4,448 759 U.S. corporate private securities 128 5 2,653 251 2,781 256 Foreign corporate public securities and foreign governments 70 1 1,385 215 1,455 216 Foreign corporate private securities 151 4 1,744 101 1,895 105 Residential mortgage-backed 74 2 803 122 877 124 Commercial mortgage-backed 52 3 2,252 412 2,304 415 Other asset-backed 97 3 744 40 841 43 Total $ 863 $ 33 $ 14,464 $ 1,982 $ 15,327 $ 2,015
Mortgage Loans by Loan to Value Ratio	The following tables present commercial mortgage loans by year of origination and LTV ratio as of the dates indicated. The information is updated as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024 Loan-to-Value Ratios Year of Origination 0% - 50% >50% - 60% >60% - 70% >70% - 80% >80% and above Total 2024 $ 102 $ 71 $ 11 $ — $ — $ 184 2023 90 151 28 — — 269 2022 195 251 104 — — 550 2021 187 162 106 — — 455 2020 150 73 — — — 223 Prior 1,881 153 11 — 16 2,061 Total $ 2,605 $ 861 $ 260 $ — $ 16 $ 3,742 As of December 31, 2023 Loan-to-Value Ratios Year of Origination 0% - 50% >50% - 60% >60% - 70% >70% - 80% >80% and above Total 2023 $ 113 $ 152 $ — $ — $ — $ 265 2022 215 282 73 — — 570 2021 191 181 197 — — 569 2020 137 93 — 10 11 251 2019 173 54 20 — — 247 Prior 1,878 246 3 — 19 2,146 Total $ 2,707 $ 1,008 $ 293 $ 10 $ 30 $ 4,048
Mortgage Loans by Debt Service Coverage Ratio	The following tables present commercial mortgage loans by year of origination and DSC ratio as of the dates indicated. The information is updated as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024 Debt Service Coverage Ratios Year of Origination >1.5x >1.25x - 1.5x >1.0x - 1.25x <1.0x Total* 2024 $ 82 $ 68 $ 27 $ 7 $ 184 2023 90 41 129 9 269 2022 235 68 68 179 550 2021 204 10 69 172 455 2020 171 17 20 15 223 Prior 1,530 170 284 77 2,061 Total $ 2,312 $ 374 $ 597 $ 459 $ 3,742 *No commercial mortgage loans were secured by land or construction loans As of December 31, 2023 Debt Service Coverage Ratios Year of Origination >1.5x >1.25x - 1.5x >1.0x - 1.25x <1.0x Total* 2023 $ 133 $ 83 $ 49 $ — $ 265 2022 173 54 172 171 570 2021 205 12 51 301 569 2020 175 20 16 40 251 2019 151 19 62 15 247 Prior 1,619 197 212 118 2,146 Total $ 2,456 $ 385 $ 562 $ 645 $ 4,048 *No commercial mortgage loans were secured by land or construction loans
Mortgage Loans by Geographic Location of Collateral	The following tables present the commercial mortgage loans by year of origination and U.S. region as of the dates indicated. The information is updated as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024 U.S. Region Year of Origination Pacific South Atlantic Middle Atlantic West South Central Mountain East North Central New England West North Central East South Central Total 2024 $ 24 $ 60 $ 27 $ 39 $ 17 $ — $ 7 $ 2 $ 8 $ 184 2023 50 66 10 75 16 28 2 20 2 269 2022 114 118 47 88 82 80 1 — 20 550 2021 77 33 97 88 83 32 9 36 — 455 2020 52 114 13 8 8 10 — 6 12 223 Prior 456 494 546 132 169 113 44 87 20 2,061 Total $ 773 $ 885 $ 740 $ 430 $ 375 $ 263 $ 63 $ 151 $ 62 $ 3,742 As of December 31, 2023 U.S. Region Year of Origination Pacific South Atlantic Middle Atlantic West South Central Mountain East North Central New England West North Central East South Central Total 2023 $ 51 $ 61 $ 9 $ 75 $ 16 $ 29 $ 2 $ 20 $ 2 $ 265 2022 114 118 46 89 100 81 1 1 20 570 2021 76 44 103 143 96 60 10 36 1 569 2020 53 130 14 8 8 20 — 6 12 251 2019 43 69 6 52 34 4 13 10 16 247 Prior 456 456 616 158 162 140 33 114 11 2,146 Total $ 793 $ 878 $ 794 $ 525 $ 416 $ 334 $ 59 $ 187 $ 62 $ 4,048
Mortgage Loans by Property Type of Collateral	The following tables present the commercial mortgage loans by year of origination and property type as of the dates indicated. The information is updated as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024 Property Type Year of Origination Retail Industrial Apartments Office Hotel/Motel Other Mixed Use Total 2024 $ 18 $ 102 $ 54 $ 10 $ — $ — $ — $ 184 2023 81 128 24 12 24 — — 269 2022 72 231 205 26 10 6 — 550 2021 21 112 220 87 — 7 8 455 2020 49 36 59 79 — — — 223 Prior 482 592 452 327 49 123 36 2,061 Total $ 723 $ 1,201 $ 1,014 $ 541 $ 83 $ 136 $ 44 $ 3,742 As of December 31, 2023 Property Type Year of Origination Retail Industrial Apartments Office Hotel/Motel Other Mixed Use Total 2023 $ 82 $ 122 $ 24 $ 13 $ 24 $ — $ — $ 265 2022 72 233 224 25 10 6 — 570 2021 22 122 310 99 — 8 8 569 2020 49 37 60 105 — — — 251 2019 29 56 124 29 9 — — 247 Prior 559 625 414 342 42 127 37 2,146 Total $ 813 $ 1,195 $ 1,156 $ 613 $ 85 $ 141 $ 45 $ 4,048
Allowance for Credit Losses on Financing Receivables	The following table summarizes the activity in the allowance for losses for commercial mortgage loans for the periods indicated: September 30, 2024 December 31, 2023 Allowance for credit losses, beginning of the period $ 22 $ 14 Credit losses on mortgage loans for which credit losses were not previously recorded — 2 Increase (decrease) on mortgage loans with an allowance recorded in a previous period 1 8 Provision for expected credit losses 23 24 Write-offs (3) (2) Allowance for credit losses, end of period $ 20 $ 22
Financing Receivable, Past Due	The following table presents the payment status of commercial mortgage loans as of the dates indicated: September 30, 2024 December 31, 2023 Current $ 3,707 $ 4,037 30-59 days past due — — 60-89 days past due 11 — Greater than 90 days past due 24 11 Total $ 3,742 $ 4,048
Net Investment Income	Net Investment Income The following table summarizes Net investment income by investment type for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Fixed maturities $ 305 $ 319 $ 912 $ 970 Equity securities 2 2 5 8 Mortgage loans on real estate 45 50 140 147 Policy loans 2 2 6 6 Short-term investments and cash equivalents 3 3 8 7 Limited partnerships and other 22 25 89 69 Gross investment income 379 401 1,160 1,207 Less: Investment expenses 18 17 50 52 Net investment income $ 361 $ 384 $ 1,110 $ 1,155
Realized Gain (Loss) on Investments	Net gains (losses) were as follows for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Fixed maturities, available-for-sale, including securities pledged $ 18 $ (12) $ (7) $ (36) Fixed maturities, at fair value option 62 (90) (23) (190) Equity securities, at fair value 2 (1) 4 (7) Derivatives (106) 66 4 123 Embedded derivatives - fixed maturities 2 (3) 1 (3) Other derivatives — 1 1 1 Managed custody guarantees 6 (15) 6 (12) Stabilizers (6) (9) (7) (9) Mortgage loans (4) (1) (1) (9) Net gains (losses) $ (26) $ (64) $ (22) $ (142)
Gain (Loss) on Securities	Proceeds from the sale of fixed maturities, available-for-sale and equity securities and the related gross realized gains and losses, before tax, were as follows for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Proceeds on sales $ 504 $ 584 $ 1,514 $ 2,716 Gross gains 18 9 32 38 Gross losses 2 5 28 44
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	T he location and effect of derivatives qualifying for hedge accounting on the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income are as follows for the periods indicated: 2024 2023 Interest Rate Contracts Foreign Exchange Contracts Interest Rate Contracts Foreign Exchange Contracts Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Net investment income Net investment income and Net gains (losses) Net investment income Net investment income and Net gains (losses) Three Months Ended September 30, Amount of Gain or (Loss) Recognized in Other Comprehensive Income $ — $ (23) $ — $ 6 Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income — 4 — 3 Nine Months Ended September 30, Amount of Gain or (Loss) Recognized in Other Comprehensive Income $ — $ (14) $ — $ (9) Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income — 9 — 7 The location and amount of gain (loss) recognized in the Condensed Consolidated Statements of Operations for derivatives qualifying for hedge accounting are as follows for the periods indicated: 2024 2023 Net investment income Net gains (losses) Net investment income Net gains (losses) Three Months Ended September 30, Total amounts of line items presented in the statements of operations in which the effects of fair value or cash flow hedges are recorded $ 361 $ (26) $ 384 $ (64) Fair value hedges: Interest rate contracts: Hedged items — 7 — — Derivatives designated as hedging instruments — (7) — — Cash flow hedges: Foreign exchange contracts: Gain (loss) reclassified from accumulated other comprehensive income into income 2 2 3 — Nine Months Ended September 30, Total amounts of line items presented in the statements of operations in which the effects of fair value or cash flow hedges are recorded $ 1,110 $ (22) $ 1,155 $ (142) Fair value hedges: Interest rate contracts: Hedged items — 8 — — Derivatives designated as hedging instruments — (8) — — Cash flow hedges: Foreign exchange contracts: Gain (loss) reclassified from accumulated other comprehensive income into income 6 3 7 — The location and effect of derivatives not designated as hedging instruments on the Condensed Consolidated Statements of Operations are as follows for the periods indicated: Location of Gain (Loss) Recognized on Derivative Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Derivatives: Non-qualifying for hedge accounting Interest rate contracts Net gains (losses) $ (101) $ 64 $ 10 $ 121 Foreign exchange contracts Net gains (losses) (2) 2 (2) 2 Credit contracts Net gains (losses) 1 — 1 — Embedded derivatives and Managed custody guarantees: Within fixed maturity investments Net gains (losses) 2 (3) 1 (3) MCGs Net gains (losses) 6 (15) 6 (12) Stabilizers Net gains (losses) (6) (9) (7) (9) Total $ (100) $ 39 $ 9 $ 99

Derivative Financial Instrument

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Notional Amounts of Outstanding Derivative Positions	The notional amounts and fair values of derivatives were as follows as of the dates indicated: September 30, 2024 December 31, 2023 Notional Asset Liability Notional Asset Liability Derivatives: Qualifying for hedge accounting (1) Fair value hedges: Interest rate contracts $ 200 $ — $ 7 $ — $ — $ — Cash flow hedges: Interest rate contracts 10 — — 10 — — Foreign exchange contracts 527 17 10 597 27 6 Derivatives: Non-qualifying for hedge accounting (1) Interest rate contracts 11,250 144 273 11,125 186 290 Foreign exchange contracts 43 — 2 66 — 2 Credit contracts 96 — 1 101 — 1 Embedded derivatives and Managed custody guarantees ("MCGs"): Within fixed maturity investments (2) N/A 1 — N/A 1 — MCGs (3) N/A — 2 N/A — 8 Stabilizers (3) N/A — 8 N/A — 1 Total $ 162 $ 303 $ 214 $ 308 (1) Open derivative contracts are reported as Derivatives assets or liabilities at fair value on the Condensed Consolidated Balance Sheets. (2) Included in Fixed maturities, available-for-sale, at fair value on the Condensed Consolidated Balance Sheets. (3) Included in Future policy benefits and contract owner account balances on the Condensed Consolidated Balance Sheets. N/A - Not Applicable
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	T he location and effect of derivatives qualifying for hedge accounting on the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income are as follows for the periods indicated: 2024 2023 Interest Rate Contracts Foreign Exchange Contracts Interest Rate Contracts Foreign Exchange Contracts Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Net investment income Net investment income and Net gains (losses) Net investment income Net investment income and Net gains (losses) Three Months Ended September 30, Amount of Gain or (Loss) Recognized in Other Comprehensive Income $ — $ (23) $ — $ 6 Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income — 4 — 3 Nine Months Ended September 30, Amount of Gain or (Loss) Recognized in Other Comprehensive Income $ — $ (14) $ — $ (9) Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income — 9 — 7 The location and amount of gain (loss) recognized in the Condensed Consolidated Statements of Operations for derivatives qualifying for hedge accounting are as follows for the periods indicated: 2024 2023 Net investment income Net gains (losses) Net investment income Net gains (losses) Three Months Ended September 30, Total amounts of line items presented in the statements of operations in which the effects of fair value or cash flow hedges are recorded $ 361 $ (26) $ 384 $ (64) Fair value hedges: Interest rate contracts: Hedged items — 7 — — Derivatives designated as hedging instruments — (7) — — Cash flow hedges: Foreign exchange contracts: Gain (loss) reclassified from accumulated other comprehensive income into income 2 2 3 — Nine Months Ended September 30, Total amounts of line items presented in the statements of operations in which the effects of fair value or cash flow hedges are recorded $ 1,110 $ (22) $ 1,155 $ (142) Fair value hedges: Interest rate contracts: Hedged items — 8 — — Derivatives designated as hedging instruments — (8) — — Cash flow hedges: Foreign exchange contracts: Gain (loss) reclassified from accumulated other comprehensive income into income 6 3 7 — The location and effect of derivatives not designated as hedging instruments on the Condensed Consolidated Statements of Operations are as follows for the periods indicated: Location of Gain (Loss) Recognized on Derivative Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Derivatives: Non-qualifying for hedge accounting Interest rate contracts Net gains (losses) $ (101) $ 64 $ 10 $ 121 Foreign exchange contracts Net gains (losses) (2) 2 (2) 2 Credit contracts Net gains (losses) 1 — 1 — Embedded derivatives and Managed custody guarantees: Within fixed maturity investments Net gains (losses) 2 (3) 1 (3) MCGs Net gains (losses) 6 (15) 6 (12) Stabilizers Net gains (losses) (6) (9) (7) (9) Total $ (100) $ 39 $ 9 $ 99
Derivatives Not Designated as Hedging Instruments	Derivative Financial Instruments The Company primarily enters into the following types of derivatives: Interest rate swaps: Interest rate swaps are used by the Company primarily to reduce market risks from changes in interest rates and to alter interest rate exposure arising from mismatches between assets and/or liabilities. Interest rate swaps are also used to hedge the interest rate risk associated with the value of assets it owns or in an anticipation of acquiring them. Using interest rate swaps, the Company agrees with another party to exchange, at specified intervals, the difference between fixed rate and floating rate interest payments, calculated by reference to an agreed upon notional principal amount. These transactions are entered into pursuant to master agreements that provide for a single net payment to be made to/from the counterparty at each due date. The Company utilizes these contracts in qualifying hedging relationships as well as non-qualifying hedging relationships. Foreign exchange swaps: The Company uses foreign exchange or currency swaps to reduce the risk of change in the value, yield or cash flows associated with certain foreign denominated invested assets. Foreign exchange swaps represent contracts that require the exchange of foreign currency cash flows against U.S. dollar cash flows at regular periods, typically quarterly or semi-annually. The Company utilizes these contracts in qualifying hedging relationships as well as non-qualifying hedging relationships. Futures: The Company uses interest rate futures contracts to hedge its exposure to market risks due to changes in interest rates. The Company enters into exchange traded futures with regulated futures commissions that are members of the exchange. The Company also posts initial and variation margins, with the exchange, on a daily basis. The Company utilizes exchange-traded futures in non-qualifying hedging relationships. Embedded derivatives: The Company also invests in certain fixed maturity instruments and has issued certain products that contain embedded derivatives for which market value is at least partially determined by, among other things, levels of or changes in domestic and/or foreign interest rates (short-term or long-term), exchange rates, prepayment rates, equity rates, or credit ratings/spreads. In addition, the Company has entered into coinsurance with funds withheld arrangements, which contain embedded derivatives. The Company utilizes derivative contracts mainly to hedge exposure to variability in cash flows, interest rate risk, credit risk, foreign exchange risk and equity market risk. The majority of derivatives used by the Company are designated as product hedges, which hedge the exposure arising from insurance liabilities or guarantees embedded in the contracts the Company offers through various product lines. The Company also uses derivatives contracts to hedge its exposure to various risks associated with the investment portfolio. The Company also uses credit default swaps coupled with other investments in order to produce the investment characteristics of otherwise permissible investments. Based on the notional amounts, a substantial portion of the Company’s derivative positions was not designated or did not qualify for hedge accounting as part of a hedging relationship as outlined in ASC Topic 815 as of September 30, 2024 and December 31, 2023. The notional amounts and fair values of derivatives were as follows as of the dates indicated: September 30, 2024 December 31, 2023 Notional Asset Liability Notional Asset Liability Derivatives: Qualifying for hedge accounting (1) Fair value hedges: Interest rate contracts $ 200 $ — $ 7 $ — $ — $ — Cash flow hedges: Interest rate contracts 10 — — 10 — — Foreign exchange contracts 527 17 10 597 27 6 Derivatives: Non-qualifying for hedge accounting (1) Interest rate contracts 11,250 144 273 11,125 186 290 Foreign exchange contracts 43 — 2 66 — 2 Credit contracts 96 — 1 101 — 1 Embedded derivatives and Managed custody guarantees ("MCGs"): Within fixed maturity investments (2) N/A 1 — N/A 1 — MCGs (3) N/A — 2 N/A — 8 Stabilizers (3) N/A — 8 N/A — 1 Total $ 162 $ 303 $ 214 $ 308 (1) Open derivative contracts are reported as Derivatives assets or liabilities at fair value on the Condensed Consolidated Balance Sheets. (2) Included in Fixed maturities, available-for-sale, at fair value on the Condensed Consolidated Balance Sheets. (3) Included in Future policy benefits and contract owner account balances on the Condensed Consolidated Balance Sheets. N/A - Not Applicable The Company does not offset any derivative assets and liabilities in the Condensed Consolidated Balance Sheets. The disclosures set out in the table below include the fair values of Over-The-Counter (“OTC”) and cleared derivatives excluding exchange traded contracts subject to master netting agreements or similar agreements as of the dates indicated: Gross Amount Recognized (1) Counterparty Netting (2) Cash Collateral Netting (2) Securities Collateral Netting (2) Net Receivables/ Payables September 30, 2024 Derivative assets $ 160 $ (148) $ (9) $ (2) $ 1 Derivative liabilities 293 (148) (138) (5) 2 December 31, 2023 Derivative assets 213 (184) (17) (8) 4 Derivative liabilities 299 (184) (111) (3) 1 (1) As of September 30, 2024, gross amounts exclude asset and liability exchange traded contracts of $1 and $0, respectively. As of December 31, 2023, gross amounts exclude asset and liability exchange traded contracts of $0 and $0, respectively. (2) Represents the netting of receivable with payable balances, net of collateral, for the same counterparty under eligible netting agreements. Collateral Under the terms of the OTC Derivative International Swaps and Derivatives Association, Inc. ("ISDA") agreements, the Company may receive from, or deliver to, counterparties, collateral to assure that terms of the ISDA agreements will be met with regard to the Credit Support Annex ("CSA"). The terms of the CSA call for the Company to pay interest on any cash received equal to the Federal Funds rate. To the extent cash collateral is received and delivered, it is included in Payables under securities loan agreements, including collateral held and Short-term investments under securities loan agreements, including collateral delivered, respectively, on the Condensed Consolidated Balance Sheets and is reinvested in short-term investments. Collateral held is used in accordance with the CSA to satisfy any obligations. Investment grade bonds owned by the Company are the source of noncash collateral posted, which is reported in Securities pledged on the Condensed Consolidated Balance Sheets. As of September 30, 2024, the Company held $11 and pledged $138 of net cash collateral related to OTC derivative contracts and cleared derivative contracts, respectively. As of December 31, 2023, the Company held $17 and delivered $112 of net cash collateral related to OTC derivative contracts and cleared derivative contracts, respectively. In addition, as of September 30, 2024, the Company delivered $137 of securities and held $3 of securities as collateral. As of December 31, 2023, the Company delivered $153 of securities and held $10 securities as collateral. T he location and effect of derivatives qualifying for hedge accounting on the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income are as follows for the periods indicated: 2024 2023 Interest Rate Contracts Foreign Exchange Contracts Interest Rate Contracts Foreign Exchange Contracts Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Net investment income Net investment income and Net gains (losses) Net investment income Net investment income and Net gains (losses) Three Months Ended September 30, Amount of Gain or (Loss) Recognized in Other Comprehensive Income $ — $ (23) $ — $ 6 Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income — 4 — 3 Nine Months Ended September 30, Amount of Gain or (Loss) Recognized in Other Comprehensive Income $ — $ (14) $ — $ (9) Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income — 9 — 7 The location and amount of gain (loss) recognized in the Condensed Consolidated Statements of Operations for derivatives qualifying for hedge accounting are as follows for the periods indicated: 2024 2023 Net investment income Net gains (losses) Net investment income Net gains (losses) Three Months Ended September 30, Total amounts of line items presented in the statements of operations in which the effects of fair value or cash flow hedges are recorded $ 361 $ (26) $ 384 $ (64) Fair value hedges: Interest rate contracts: Hedged items — 7 — — Derivatives designated as hedging instruments — (7) — — Cash flow hedges: Foreign exchange contracts: Gain (loss) reclassified from accumulated other comprehensive income into income 2 2 3 — Nine Months Ended September 30, Total amounts of line items presented in the statements of operations in which the effects of fair value or cash flow hedges are recorded $ 1,110 $ (22) $ 1,155 $ (142) Fair value hedges: Interest rate contracts: Hedged items — 8 — — Derivatives designated as hedging instruments — (8) — — Cash flow hedges: Foreign exchange contracts: Gain (loss) reclassified from accumulated other comprehensive income into income 6 3 7 — The location and effect of derivatives not designated as hedging instruments on the Condensed Consolidated Statements of Operations are as follows for the periods indicated: Location of Gain (Loss) Recognized on Derivative Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Derivatives: Non-qualifying for hedge accounting Interest rate contracts Net gains (losses) $ (101) $ 64 $ 10 $ 121 Foreign exchange contracts Net gains (losses) (2) 2 (2) 2 Credit contracts Net gains (losses) 1 — 1 — Embedded derivatives and Managed custody guarantees: Within fixed maturity investments Net gains (losses) 2 (3) 1 (3) MCGs Net gains (losses) 6 (15) 6 (12) Stabilizers Net gains (losses) (6) (9) (7) (9) Total $ (100) $ 39 $ 9 $ 99

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of September 30, 2024: Level 1 Level 2 Level 3 Total Assets: Fixed maturities, including securities pledged: U.S. Treasuries $ 222 $ 55 $ — $ 277 U.S. Government agencies and authorities — 29 — 29 State, municipalities and political subdivisions — 450 — 450 U.S. corporate public securities — 5,349 8 5,357 U.S. corporate private securities — 2,669 1,118 3,787 Foreign corporate public securities and foreign governments (1) — 1,896 8 1,904 Foreign corporate private securities (1) — 1,791 379 2,170 Residential mortgage-backed securities — 2,694 55 2,749 Commercial mortgage-backed securities — 2,297 — 2,297 Other asset-backed securities — 1,725 18 1,743 Total fixed maturities, including securities pledged 222 18,955 1,586 20,763 Equity securities 11 — 58 69 Derivatives: Interest rate contracts 2 142 — 144 Foreign exchange contracts — 17 — 17 Cash and cash equivalents, short-term investments and short-term investments under securities loan agreements 1,443 1 — 1,444 Assets held in separate accounts 94,262 5,812 348 100,422 Total assets $ 95,940 $ 24,927 $ 1,992 $ 122,859 Liabilities: Stabilizer and MCGs $ — $ — $ 10 $ 10 Derivatives: Interest rate contracts 1 279 — 280 Foreign exchange contracts — 12 — 12 Credit contracts — 1 — 1 Total liabilities $ 1 $ 292 $ 10 $ 303 (1) Primarily U.S. dollar denominated. The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of December 31, 2023: Level 1 Level 2 Level 3 Total Assets: Fixed maturities, including securities pledged: U.S. Treasuries $ 221 $ 54 $ — $ 275 U.S. Government agencies and authorities — 30 — 30 State, municipalities and political subdivisions — 554 — 554 U.S. corporate public securities — 5,592 13 5,605 U.S. corporate private securities — 2,451 1,185 3,636 Foreign corporate public securities and foreign governments (1) — 2,022 — 2,022 Foreign corporate private securities (1) — 1,945 354 2,299 Residential mortgage-backed securities — 2,484 48 2,532 Commercial mortgage-backed securities — 2,358 — 2,358 Other asset-backed securities — 1,491 37 1,528 Total fixed maturities, including securities pledged 221 18,981 1,637 20,839 Equity securities 11 — 54 65 Derivatives: Interest rate contracts 6 180 — 186 Foreign exchange contracts — 27 — 27 Cash and cash equivalents, short-term investments and short-term investments under securities loan agreements 1,061 — — 1,061 Assets held in separate accounts 84,329 5,605 348 90,282 Total assets $ 85,628 $ 24,793 $ 2,039 $ 112,460 Liabilities: Stabilizer and MCGs $ — $ — $ 9 $ 9 Derivatives: Interest rate contracts — 290 — 290 Foreign exchange contracts — 8 — 8 Credit contracts — 1 — 1 Total liabilities $ — $ 299 $ 9 $ 308 (1) Primarily U.S. dollar denominated.

Deferred Policy Acquisition C_2

Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Deferred Policy Acquisition Costs and Value of Business Acquired	The following table presents a rollforward of DAC and VOBA for the periods indicated: DAC VOBA (1) Wealth Solutions Deferred and Individual Annuities Balance as of January 1, 2023 $ 578 $ 348 Deferrals of commissions and expenses 56 3 Amortization expense (45) (30) Balance as of December 31, 2023 $ 589 $ 321 Deferrals of commissions and expenses 42 2 Amortization expense (34) (20) Balance as of September 30, 2024 $ 597 $ 303 (1) There was no loss recognition for VOBA during the periods presented. The following table shows a reconciliation of DAC and VOBA balances to the Condensed Consolidated Balance Sheets for the periods indicated: September 30, 2024 December 31, 2023 DAC: Wealth Solutions Deferred and Individual Annuities $ 597 $ 589 Other 10 10 VOBA 303 321 Total $ 910 $ 920

Reserves for Future Policy Be_2

Reserves for Future Policy Benefits and Contract Owner Account Balances (Tables)	9 Months Ended
	Sep. 30, 2024
Reserves for Future Policy Benefits and Contract Owner Balances [Abstract]
Policyholder Account Balance	The following table presents a rollforward of Contract owner account balances for the periods indicated: Wealth Solutions Deferred Group and Individual Annuity September 30, 2024 December 31, 2023 Balance at January 1 $ 25,991 $ 27,951 Deposits 1,784 2,223 Fee income (36) (9) Surrenders, withdrawals and benefits (3,181) (4,900) Net transfers (from) to the general account (2) 103 (9) Interest credited 532 735 Ending Balance $ 25,193 $ 25,991 Weighted-average crediting rate 2.8 % 2.7 % Net amount at risk (1) $ 92 $ 116 Cash surrender value $ 24,830 $ 25,631 (1) For those guarantees of benefits that are payable in the event of death, the net amount at risk is generally defined as the current guaranteed minimum death benefit in excess of the current account balance at the balance sheet date and is calculated at a contract level. Where a contract has both a living and a death benefit, the Company calculates NAR at a contract level and aggregates the higher of the two values together. (2) Net transfers (from) to the general account includes transfers of $(867) and $(524) for 2024 and 2023, respectively, related to VRIAC-managed institutional/mutual fund plan assets in trust that are not reflected on the Condensed Consolidated Balance Sheets. The following table shows a reconciliation of the Contract owner account balances for deferred group and individual annuities to the Future policy benefits and contract owner accounts balances on the Condensed Consolidated Balance Sheets for the periods indicated: September 30, 2024 December 31, 2023 Wealth Solutions Deferred group and individual annuity (Contract owner account balances) $ 25,193 $ 25,991 Non-puttable funding agreements 723 671 Other (Future policy benefits and Contract owner account balances) (1) 3,671 3,915 Ending balance $ 29,587 $ 30,577 (1) Primarily related to reinsured business The following table summarizes detail on the differences between the interest rate being credited to contract holders as of the periods indicated, and the respective guaranteed minimum interest rates ("GMIRs"): Account Value (1) Excess of crediting rate over GMIR At GMIR Up to .50% Above GMIR 0.51% - 1.00% 1.01% - 1.50% Above GMIR 1.51% - 2.00% Above GMIR More than 2.00% Above GMIR Total As of September 30, 2024 Up to 1.00% $ 9 $ 4,161 $ 3,664 $ 1,716 $ 1,467 $ 867 $ 11,884 1.01% - 2.00% 113 68 40 4 — — 225 2.01% - 3.00% 5,844 33 1 — — — 5,878 3.01% - 4.00% 7,399 — — — — — 7,399 4.01% and Above 4 — — — — — 4 Renewable beyond 12 months (MYGA) (2) 352 — — — 2 — 354 Total discretionary rate setting products $ 13,721 $ 4,262 $ 3,705 $ 1,720 $ 1,469 $ 867 $ 25,744 As of December 31, 2023 Up to 1.00% $ 11 $ 4,663 $ 3,451 $ 2,204 $ 858 $ 797 $ 11,984 1.01% - 2.00% 141 73 44 6 — 1 265 2.01% - 3.00% 6,275 36 1 — — — 6,312 3.01% - 4.00% 7,708 — — — — — 7,708 4.01% and Above 4 — — — — — 4 Renewable beyond 12 months (MYGA) (2) 398 — — — 3 — 401 Total discretionary rate setting products $ 14,537 $ 4,772 $ 3,496 $ 2,210 $ 861 $ 798 $ 26,674 (1) Includes only the account values for investment spread products with GMIRs and discretionary crediting rates, net of policy loans. Excludes Stabilizer products, which are fee based. (2) Represents multi year guaranteed annuity ("MYGA") contracts with renewal dates after September 30, 2024 and December 31, 2023 on which we are required to credit interest above the contractual GMIR for at least the next twelve months.

Other Income and Expenses (Tabl

Other Income and Expenses (Tables)	9 Months Ended
	Sep. 30, 2024
Other Income and Expenses [Abstract]
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	Nine Months Ended September 30, 2024 Before-Tax Amount Income Tax (Benefit) After-Tax Amount Available-for-sale securities: Fixed maturities $ 522 $ (111) $ 411 Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations (3) 1 (2) Change in unrealized gains (losses) on available-for-sale securities 519 (110) 409 Derivatives: Derivatives (14) (1) 3 (11) Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations (12) 3 (9) Change in unrealized gains (losses) on derivatives (26) 6 (20) Change in current discount rate 21 (4) 17 Change in Accumulated other comprehensive income (loss) $ 514 $ (108) $ 406 (1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information. Three Months Ended September 30, 2023 Before-Tax Amount Income Tax (Benefit) After-Tax Amount Available-for-sale securities: Fixed maturities $ (697) $ 147 $ (550) Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations 10 (2) 8 Change in unrealized gains (losses) on available-for-sale securities (687) 145 (542) Derivatives: Derivatives 6 (1) (1) 5 Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations (5) 1 (4) Change in unrealized gains (losses) on derivatives 1 — 1 Change in current discount rate 4 (1) 3 Change in Accumulated other comprehensive income (loss) $ (682) $ 144 $ (538) (1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information. Nine Months Ended September 30, 2023 Before-Tax Amount Income Tax (Benefit) After-Tax Amount Available-for-sale securities: Fixed maturities $ (451) $ 95 $ (356) Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations 29 (6) 23 Change in unrealized gains (losses) on available-for-sale securities (422) 89 (333) Derivatives: Derivatives (9) (1) 2 (7) Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations (15) 3 (12) Change in unrealized gains (losses) on derivatives (24) 5 (19) Change in current discount rate 15 (3) 12 Change in Accumulated other comprehensive income (loss) $ (431) $ 91 $ (340) (1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information.
Schedule of Accumulated Other Comprehensive Income (Loss)	Shareholder’s equity included the following components of Accumulated other comprehensive income ("AOCI") as of the dates indicated: September 30, 2024 September 30, 2023 Fixed maturities, net of impairment $ (1,308) $ (2,965) Derivatives (1) 31 88 Change in current discount rate (312) (334) Deferred income tax asset (liability) (2) 462 803 Total (1,127) (2,408) Pension and other postretirement benefits liability, net of tax 2 1 AOCI $ (1,125) $ (2,407) (1) Gains and losses reported in AOCI from hedge transactions that resulted in the acquisition of an identified asset are reclassified into earnings in the same period or periods during which the asset acquired affects earnings. As of September 30, 2024, the portion of the AOCI that is expected to be reclassified into earnings within the next twelve months is $12. (2) The Company uses the portfolio method to determine when stranded tax benefits (or detriments) are released from AOCI. Changes in AOCI, including the reclassification adjustments recognized in the Condensed Consolidated Statements of Operations were as follows for the periods indicated:

Revenue from Contract with Cu_2

Revenue from Contract with Customer (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table]	Financial services revenue is disaggregated by type of service in the following table: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Advisory and recordkeeping & administration $ 148 $ 115 $ 424 $ 341 Distribution and shareholder servicing 20 19 59 55 Total financial services revenue 168 134 483 396 Revenue from other sources (1) 140 122 405 354 Total Fee income and Other revenue $ 308 $ 256 $ 888 $ 750 (1) Primarily consists of revenue from insurance contracts and financial instruments.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Restricted Assets	The components of the fair value of the restricted assets were as follows as of the dates indicated: September 30, 2024 December 31, 2023 Fixed maturity collateral pledged to FHLB (1) $ 1,292 $ 1,205 FHLB restricted stock (2) 34 33 Other fixed maturities-state deposits 12 11 Cash and cash equivalents 1 2 Securities pledged (3) 1,027 798 Total restricted assets $ 2,366 $ 2,049 (1) Included in Fixed maturities, available for sale, at fair value on the Condensed Consolidated Balance Sheets. (2) Included in Other investments on the Condensed Consolidated Balance Sheets. (3) Includes the fair value of loaned securities of $864 and $645 as of September 30, 2024 and December 31, 2023, respectively. In addition, as of September 30, 2024 and December 31, 2023, the Company delivered securities as collateral of $137 and $153, respectively, and repurchase agreements of $26 and $0, respectively. Loaned securities and securities delivered as collateral are included in Securities pledged on the Condensed Consolidated Balance Sheets.

Investments - Fixed Maturities

Investments - Fixed Maturities and Equity Securities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Available-for-sale Securities Including Securities Pledged [Line Items]
Securities pledged, amortized costs	$ 1,102	$ 855
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	24	14	$ 7
U.S. Treasuries
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	298	297
Fixed maturities, Gross Unrealized Capital Gains	3	3
Fixed maturities, Gross Unrealized Capital Losses	24	25
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	0	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest	277	275
US Treasury and Government
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	29	32
Fixed maturities, Gross Unrealized Capital Gains	1	0
Fixed maturities, Gross Unrealized Capital Losses	1	2
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	0	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest	29	30
State, municipalities and political subdivisions
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	507	623
Fixed maturities, Gross Unrealized Capital Gains	0	1
Fixed maturities, Gross Unrealized Capital Losses	57	70
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	0	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest	450	554
U.S. corporate public securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	5,922	6,291
Fixed maturities, Gross Unrealized Capital Gains	94	73
Fixed maturities, Gross Unrealized Capital Losses	659	759
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	0	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest	5,357	5,605
U.S. corporate private securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	3,928	3,861
Fixed maturities, Gross Unrealized Capital Gains	52	31
Fixed maturities, Gross Unrealized Capital Losses	190	256
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	3	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest	3,787	3,636
Foreign corporate public securities and foreign governments
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	2,029	2,214
Fixed maturities, Gross Unrealized Capital Gains	42	27
Fixed maturities, Gross Unrealized Capital Losses	166	216
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	1	3	6
Debt Securities, Available-for-Sale, Excluding Accrued Interest	1,904	2,022
Foreign corporate private securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	2,217	2,385
Fixed maturities, Gross Unrealized Capital Gains	33	20
Fixed maturities, Gross Unrealized Capital Losses	79	105
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	1	1	1
Debt Securities, Available-for-Sale, Excluding Accrued Interest	2,170	2,299
Residential mortgage-backed
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	2,811	2,631
Fixed maturities, Gross Unrealized Capital Gains	30	24
Fixed maturities, Gross Unrealized Capital Losses	93	124
Embedded Derivatives	1	1
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	0	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest	2,749	2,532
Commercial mortgage-backed
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	2,612	2,781
Fixed maturities, Gross Unrealized Capital Gains	2	1
Fixed maturities, Gross Unrealized Capital Losses	300	415
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	17	9	$ 0
Debt Securities, Available-for-Sale, Excluding Accrued Interest	2,297	2,358
Other asset-backed securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	1,741	1,564
Fixed maturities, Gross Unrealized Capital Gains	24	8
Fixed maturities, Gross Unrealized Capital Losses	20	43
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	2	1
Debt Securities, Available-for-Sale, Excluding Accrued Interest	1,743	1,528
Embedded derivatives - fixed maturities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	22,094	22,679
Total fixed maturities, less securities pledged, Amortized Cost	20,992	21,824
Fixed maturities, Gross Unrealized Capital Gains	281	188
Total fixed maturities, less securities pledged, Gross Unrealized Capital Gains	281	188
Fixed maturities, Gross Unrealized Capital Losses	1,589	2,015
Total fixed maturities, less securities pledged, Gross Unrealized Capital Losses	1,514	1,958
Embedded Derivatives	1	1
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	24	14
Debt Securities, Available-for-Sale, Excluding Accrued Interest	20,763	20,839
Total fixed maturities, less securities pledged, Fair Value	19,736	20,041
Collateral Pledged
Available-for-sale Securities Including Securities Pledged [Line Items]
Securities pledged	1,027	798
Collateral Pledged | Embedded derivatives - fixed maturities
Available-for-sale Securities Including Securities Pledged [Line Items]
Securities pledged, amortized costs	1,102	855
Securities pledged, Gross Unrealized Capital Gains	0	0
Available-for-sale Securities, Pledged as Collateral, Debt Securities, Unrecognized Holding Loss	75	57
Embedded Derivatives	0	0
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest	0	0
Securities pledged	$ 1,027	$ 798

Investments - Debt Maturities (

Investments - Debt Maturities (Details) - USD ($) $ in Millions	6 Months Ended	9 Months Ended
	Jun. 30, 2024	Sep. 30, 2024	Dec. 31, 2023
Available-for-sale Securities Including Securities Pledged [Line Items]
Fixed Maturities, single issuers in excess of total equity	not	not
Embedded derivatives - fixed maturities
Available-for-sale Securities Including Securities Pledged [Line Items]
One year or less, Amortized Cost		$ 497
After one year through five years, Amortized Cost		3,022
After five years through ten years, Amortized Cost		2,797
After ten years, Amortized Cost		8,614
Debt Securities, Available-for-Sale, Amortized Cost		22,094	$ 22,679
One year or less, Fair Value		484
After one year through five years, Fair Value		2,980
After five years through ten years, Fair Value		2,750
After ten years, Fair Value		7,760
Debt Securities, Available-for-Sale, Excluding Accrued Interest		20,763	20,839
Mortgage-backed securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Without single maturity date, Amortized Cost		5,423
Without single maturity date, Fair Value		5,046
Other asset-backed securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Without single maturity date, Amortized Cost		1,741
Debt Securities, Available-for-Sale, Amortized Cost		1,741	1,564
Without single maturity date, Fair Value		1,743
Debt Securities, Available-for-Sale, Excluding Accrued Interest		$ 1,743	$ 1,528

Investments - Repurchase Agreem

Investments - Repurchase Agreement, Securities Lending, VIEs (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Available-for-sale Securities Including Securities Pledged [Line Items]
Initial collateral required, percent of market value of loaned securities	102%
Payables under securities loan and repurchase agreements, including collateral held	$ 904	$ 692
Collateral Pledged
Available-for-sale Securities Including Securities Pledged [Line Items]
Securities Sold under Agreements to Repurchase, Asset	0	0
Debt Securities, Available-for-Sale, Restricted	1,027	798
Securities pledged as collateral
Available-for-sale Securities Including Securities Pledged [Line Items]
Fair value of loaned securities	864	645
Collateral Securities Repledged, Delivered, or Used	137	153
Securities Pledged under repurchase agreements, carrying value	26	0
Cash collateral, included in Payables
Available-for-sale Securities Including Securities Pledged [Line Items]
Securities received as collateral	727	499
U.S. Treasuries
Available-for-sale Securities Including Securities Pledged [Line Items]
Payables under securities loan and repurchase agreements, including collateral held	10	12
U.S. corporate public securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Payables under securities loan and repurchase agreements, including collateral held	508	438
Short-term Investments
Available-for-sale Securities Including Securities Pledged [Line Items]
Payables under securities loan and repurchase agreements, including collateral held	145	31
Foreign corporate public securities and foreign governments
Available-for-sale Securities Including Securities Pledged [Line Items]
Payables under securities loan and repurchase agreements, including collateral held	231	189
Payables under securities loan agreements
Available-for-sale Securities Including Securities Pledged [Line Items]
Payables under securities loan and repurchase agreements, including collateral held	894	670
Fixed maturities | Collateral Pledged
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-Sale, Restricted	$ 1,027	$ 798

Investments - Allowance for cre

Investments - Allowance for credit losses (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2024	Jun. 30, 2024	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Allowance for Loan and Lease Losses [Roll Forward]
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest			$ 24	$ 14	$ 7
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not Previously Recorded		$ 10	12
Reductions for securities sold during the period		(2)	(2)
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not to Sell before Recovery, Credit Loss, Previously Recorded, Expense (Reversal)		(1)	0
Residential mortgage-backed
Allowance for Loan and Lease Losses [Roll Forward]
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest			0	0
Commercial mortgage-backed
Allowance for Loan and Lease Losses [Roll Forward]
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest			17	9	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not Previously Recorded	$ 9		9
Reductions for securities sold during the period		0	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not to Sell before Recovery, Credit Loss, Previously Recorded, Expense (Reversal)	0		(1)
Foreign corporate public securities and foreign governments
Allowance for Loan and Lease Losses [Roll Forward]
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest			1	3	6
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not Previously Recorded		0	0
Reductions for securities sold during the period		(2)	(2)
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not to Sell before Recovery, Credit Loss, Previously Recorded, Expense (Reversal)		(1)	0
Foreign corporate private securities
Allowance for Loan and Lease Losses [Roll Forward]
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest			1	1	1
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not Previously Recorded		0	0
Reductions for securities sold during the period		0	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not to Sell before Recovery, Credit Loss, Previously Recorded, Expense (Reversal)		0	0
U.S. corporate private securities
Allowance for Loan and Lease Losses [Roll Forward]
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest			3	0
Financing Receivable, Allowance for Credit Loss			3	0
Credit losses on securities for which credit losses were not previously recorded			3	0
Reductions for securities sold during the period			0	0
Increase (decrease) on securities with allowance recorded in previous period			0	0
U.S. corporate public securities
Allowance for Loan and Lease Losses [Roll Forward]
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest			0	0
Other Asset-backed Securities [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest			2	1	$ 0
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not Previously Recorded	1		0
Reductions for securities sold during the period		$ 0	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Not to Sell before Recovery, Credit Loss, Previously Recorded, Expense (Reversal)	$ 0		1
Fixed maturities
Allowance for Loan and Lease Losses [Roll Forward]
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Excluding Accrued Interest			$ 24	$ 14

Investments - Unrealized Capita

Investments - Unrealized Capital Losses (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	$ 350	$ 863
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	10	33
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	12,437	14,464
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	1,579	1,982
Debt Securities, Available-for-sale, Unrealized Loss Position	12,787	15,327
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	$ 1,589	2,015
Minimum
Available-for-sale Securities Including Securities Pledged [Line Items]
Fixed Maturities Average Duration	6 years
Maximum
Available-for-sale Securities Including Securities Pledged [Line Items]
Fixed Maturities Average Duration	6 years 6 months
U.S. Treasuries
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	$ 52	60
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	1	2
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	137	105
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	23	23
Debt Securities, Available-for-sale, Unrealized Loss Position	189	165
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	24	25
State, municipalities and political subdivisions
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	0	16
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	0	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	446	528
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	57	70
Debt Securities, Available-for-sale, Unrealized Loss Position	446	544
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	57	70
U.S. corporate public securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	88	215
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	6	13
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	3,871	4,233
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	653	746
Debt Securities, Available-for-sale, Unrealized Loss Position	3,959	4,448
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	659	759
U.S. corporate private securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	136	128
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	2	5
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	2,429	2,653
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	188	251
Debt Securities, Available-for-sale, Unrealized Loss Position	2,565	2,781
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	190	256
Foreign corporate public securities and foreign governments
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	31	70
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	1	1
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	1,104	1,385
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	165	215
Debt Securities, Available-for-sale, Unrealized Loss Position	1,135	1,455
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	166	216
Foreign corporate private securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	5	151
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	0	4
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	1,316	1,744
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	79	101
Debt Securities, Available-for-sale, Unrealized Loss Position	1,321	1,895
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	79	105
Residential mortgage-backed
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	16	74
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	0	2
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	754	803
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	93	122
Debt Securities, Available-for-sale, Unrealized Loss Position	770	877
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	93	124
Commercial mortgage-backed
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	18	52
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	0	3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	2,138	2,252
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	300	412
Debt Securities, Available-for-sale, Unrealized Loss Position	2,156	2,304
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	300	415
Other asset-backed securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	4	97
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	0	3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	227	744
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	20	40
Debt Securities, Available-for-sale, Unrealized Loss Position	231	841
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	20	43
US Government Corporations and Agencies Securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value	0
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	15
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	1
Debt Securities, Available-for-sale, Unrealized Loss Position	15
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	$ 1
US Treasury and Government
Available-for-sale Securities Including Securities Pledged [Line Items]
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Fair Value		0
Debt Securities, Available-for-sale, Including Securities Pledged, Continuous Unrealized Loss Position Twelve Months or Less, Accumulated Loss		0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer		17
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss		2
Debt Securities, Available-for-sale, Unrealized Loss Position		17
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss		$ 2

Investments - OTTI (Details)

Investments - OTTI (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Available-for-sale Securities Including Securities Pledged [Line Items]
Other-than-temporary Impairment Loss, Debt Securities, Available-for-Sale, Recognized in Earnings	$ 1	$ 15	$ 5	$ 21

Investments - Troubled Debt Res

Investments - Troubled Debt Restructuring (Details) - loan	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Commercial Portfolio Segment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring, number of contracts	0	0	0	0

Investments - Loans by Loan to

Investments - Loans by Loan to Value (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Schedule of Loans by Loan to Value Ratio [Line Items]
Targeted maximum amount of mortgage loans lended, percent of estimated fair value of underlying real estate		75%
0% - 50%
Schedule of Loans by Loan to Value Ratio [Line Items]
Loans Receivable, Loan to Value Ratio, Minimum	0%	0%
Loans Receivable, Loan to Value Ratio, Maximum	50%	50%
50% - 60%
Schedule of Loans by Loan to Value Ratio [Line Items]
Loans Receivable, Loan to Value Ratio, Minimum	50%	50%
Loans Receivable, Loan to Value Ratio, Maximum	60%	60%
60% - 70%
Schedule of Loans by Loan to Value Ratio [Line Items]
Loans Receivable, Loan to Value Ratio, Minimum	60%	60%
Loans Receivable, Loan to Value Ratio, Maximum	70%	70%
70% - 80%
Schedule of Loans by Loan to Value Ratio [Line Items]
Loans Receivable, Loan to Value Ratio, Minimum	70%	70%
Loans Receivable, Loan to Value Ratio, Maximum	80%	80%
>80% and above
Schedule of Loans by Loan to Value Ratio [Line Items]
Loans Receivable, Loan to Value Ratio, Minimum	80%	80%
Year of Origination 2024 | 0% - 50%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 102
Year of Origination 2024 | 50% - 60%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		71
Year of Origination 2024 | 60% - 70%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		11
Year of Origination 2024 | 70% - 80%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0
Year of Origination 2024 | >80% and above
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0
Year of Origination 2024 | Total Segment
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		184
Year of Origination 2023 | 0% - 50%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		90	$ 113
Year of Origination 2023 | 50% - 60%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		151	152
Year of Origination 2023 | 60% - 70%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		28	0
Year of Origination 2023 | 70% - 80%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Year of Origination 2023 | >80% and above
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Year of Origination 2023 | Total Segment
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		269	265
Year of Origination 2022 | 0% - 50%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		195	215
Year of Origination 2022 | 50% - 60%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		251	282
Year of Origination 2022 | 60% - 70%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		104	73
Year of Origination 2022 | 70% - 80%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Year of Origination 2022 | >80% and above
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Year of Origination 2022 | Total Segment
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		550	570
Year of Origination 2021 | 0% - 50%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		187	191
Year of Origination 2021 | 50% - 60%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		162	181
Year of Origination 2021 | 60% - 70%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		106	197
Year of Origination 2021 | 70% - 80%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Year of Origination 2021 | >80% and above
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Year of Origination 2021 | Total Segment
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		455	569
Year of Origination 2020 | 0% - 50%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		150	137
Year of Origination 2020 | 50% - 60%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		73	93
Year of Origination 2020 | 60% - 70%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Year of Origination 2020 | 70% - 80%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	10
Year of Origination 2020 | >80% and above
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	11
Year of Origination 2020 | Total Segment
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		223	251
Year of Origination 2019 | 0% - 50%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,881	173
Year of Origination 2019 | 50% - 60%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		153	54
Year of Origination 2019 | 60% - 70%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		11	20
Year of Origination 2019 | 70% - 80%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Year of Origination 2019 | >80% and above
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		16	0
Year of Origination 2019 | Total Segment
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,061	247
Year of Origination 2018 | 0% - 50%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			1,878
Year of Origination 2018 | 50% - 60%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			246
Year of Origination 2018 | 60% - 70%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			3
Year of Origination 2018 | 70% - 80%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			0
Year of Origination 2018 | >80% and above
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			19
Year of Origination 2018 | Total Segment
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			2,146
Total Segment | 0% - 50%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,605	2,707
Total Segment | 50% - 60%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		861	1,008
Total Segment | 60% - 70%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		260	293
Total Segment | 70% - 80%
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	10
Total Segment | >80% and above
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		16	30
Total Segment | Total Segment
Schedule of Loans by Loan to Value Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 3,742	$ 4,048

Investments - Loans by Debt Ser

Investments - Loans by Debt Service Coverage Ratio (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Greater than 1.5x
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Loans Receivable, Debt Service Coverage Ratio, Minimum	150%	150%
Greater than 1.5x | Year of Origination 2024
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 82
Greater than 1.5x | Year of Origination 2023
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		90	$ 133
Greater than 1.5x | Year of Origination 2022
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		235	173
Greater than 1.5x | Year of Origination 2021
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		204	205
Greater than 1.5x | Year of Origination 2020
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		171	175
Greater than 1.5x | Year of Origination 2019
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,530	151
Greater than 1.5x | Year of Origination 2018
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			1,619
Greater than 1.5x | Total Segment
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 2,312	2,456
1.25x - 1.5x
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Loans Receivable, Debt Service Coverage Ratio, Minimum	125%	125%
Loans Receivable, Debt Service Coverage Ratio, Maximum	150%	150%
1.25x - 1.5x | Year of Origination 2024
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 68
1.25x - 1.5x | Year of Origination 2023
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		41	83
1.25x - 1.5x | Year of Origination 2022
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		68	54
1.25x - 1.5x | Year of Origination 2021
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		10	12
1.25x - 1.5x | Year of Origination 2020
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		17	20
1.25x - 1.5x | Year of Origination 2019
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		170	19
1.25x - 1.5x | Year of Origination 2018
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			197
1.25x - 1.5x | Total Segment
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 374	385
1.0x - 1.25x
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Loans Receivable, Debt Service Coverage Ratio, Minimum	100%	100%
Loans Receivable, Debt Service Coverage Ratio, Maximum	125%	125%
1.0x - 1.25x | Year of Origination 2024
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 27
1.0x - 1.25x | Year of Origination 2023
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		129	49
1.0x - 1.25x | Year of Origination 2022
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		68	172
1.0x - 1.25x | Year of Origination 2021
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		69	51
1.0x - 1.25x | Year of Origination 2020
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		20	16
1.0x - 1.25x | Year of Origination 2019
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		284	62
1.0x - 1.25x | Year of Origination 2018
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			212
1.0x - 1.25x | Total Segment
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 597	562
Less than 1.0x
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Loans Receivable, Debt Service Coverage Ratio, Maximum	100%	100%
Less than 1.0x | Year of Origination 2024
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 7
Less than 1.0x | Year of Origination 2023
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		9	0
Less than 1.0x | Year of Origination 2022
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		179	171
Less than 1.0x | Year of Origination 2021
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		172	301
Less than 1.0x | Year of Origination 2020
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		15	40
Less than 1.0x | Year of Origination 2019
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		77	15
Less than 1.0x | Year of Origination 2018
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			118
Less than 1.0x | Total Segment
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		459	645
Total Segment | Year of Origination 2024
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		184
Total Segment | Year of Origination 2023
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		269	265
Total Segment | Year of Origination 2022
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		550	570
Total Segment | Year of Origination 2021
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		455	569
Total Segment | Year of Origination 2020
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		223	251
Total Segment | Year of Origination 2019
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,061	247
Total Segment | Year of Origination 2018
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss			2,146
Total Segment | Total Segment
Schedule of Loans by Debt Service Coverage Ratio [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 3,742	$ 4,048

Investments - Loans by U.S. Reg

Investments - Loans by U.S. Region (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Year of Origination 2024 | Pacific
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ 24
Year of Origination 2024 | South Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	60
Year of Origination 2024 | Middle Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	27
Year of Origination 2024 | West South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	39
Year of Origination 2024 | Mountain
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	17
Year of Origination 2024 | East North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0
Year of Origination 2024 | New England
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	7
Year of Origination 2024 | West North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	2
Year of Origination 2024 | East South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	8
Year of Origination 2024 | Total Segment
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	184
Year of Origination 2023 | Pacific
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	50	$ 51
Year of Origination 2023 | South Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	66	61
Year of Origination 2023 | Middle Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	10	9
Year of Origination 2023 | West South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	75	75
Year of Origination 2023 | Mountain
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	16	16
Year of Origination 2023 | East North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	28	29
Year of Origination 2023 | New England
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	2	2
Year of Origination 2023 | West North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	20	20
Year of Origination 2023 | East South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	2	2
Year of Origination 2023 | Total Segment
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	269	265
Year of Origination 2022 | Pacific
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	114	114
Year of Origination 2022 | South Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	118	118
Year of Origination 2022 | Middle Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	47	46
Year of Origination 2022 | West South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	88	89
Year of Origination 2022 | Mountain
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	82	100
Year of Origination 2022 | East North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	80	81
Year of Origination 2022 | New England
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1	1
Year of Origination 2022 | West North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	1
Year of Origination 2022 | East South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	20	20
Year of Origination 2022 | Total Segment
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	550	570
Year of Origination 2021 | Pacific
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	77	76
Year of Origination 2021 | South Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	33	44
Year of Origination 2021 | Middle Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	97	103
Year of Origination 2021 | West South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	88	143
Year of Origination 2021 | Mountain
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	83	96
Year of Origination 2021 | East North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	32	60
Year of Origination 2021 | New England
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	9	10
Year of Origination 2021 | West North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	36	36
Year of Origination 2021 | East South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	1
Year of Origination 2021 | Total Segment
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	455	569
Year of Origination 2020 | Pacific
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	52	53
Year of Origination 2020 | South Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	114	130
Year of Origination 2020 | Middle Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	13	14
Year of Origination 2020 | West South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	8	8
Year of Origination 2020 | Mountain
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	8	8
Year of Origination 2020 | East North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	10	20
Year of Origination 2020 | New England
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	0
Year of Origination 2020 | West North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	6	6
Year of Origination 2020 | East South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	12	12
Year of Origination 2020 | Total Segment
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	223	251
Year of Origination 2019 | Pacific
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	456	43
Year of Origination 2019 | South Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	494	69
Year of Origination 2019 | Middle Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	546	6
Year of Origination 2019 | West South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	132	52
Year of Origination 2019 | Mountain
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	169	34
Year of Origination 2019 | East North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	113	4
Year of Origination 2019 | New England
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	44	13
Year of Origination 2019 | West North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	87	10
Year of Origination 2019 | East South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	20	16
Year of Origination 2019 | Total Segment
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	2,061	247
Year of Origination 2018 | Pacific
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		456
Year of Origination 2018 | South Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		456
Year of Origination 2018 | Middle Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		616
Year of Origination 2018 | West South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		158
Year of Origination 2018 | Mountain
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		162
Year of Origination 2018 | East North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		140
Year of Origination 2018 | New England
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		33
Year of Origination 2018 | West North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		114
Year of Origination 2018 | East South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		11
Year of Origination 2018 | Total Segment
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,146
Total Segment | Pacific
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	773	793
Total Segment | South Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	885	878
Total Segment | Middle Atlantic
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	740	794
Total Segment | West South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	430	525
Total Segment | Mountain
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	375	416
Total Segment | East North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	263	334
Total Segment | New England
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	63	59
Total Segment | West North Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	151	187
Total Segment | East South Central
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	62	62
Total Segment | Total Segment
Open Option Contracts Written [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ 3,742	$ 4,048

Investments - Loans by Property

Investments - Loans by Property Type (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Year of Origination 2024 | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ 18
Year of Origination 2024 | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	102
Year of Origination 2024 | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	54
Year of Origination 2024 | Office
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	10
Year of Origination 2024 | Hotel/Motel
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0
Year of Origination 2024 | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0
Year of Origination 2024 | Mixed Use
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0
Year of Origination 2024 | Total Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	184
Year of Origination 2023 | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	81	$ 82
Year of Origination 2023 | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	128	122
Year of Origination 2023 | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	24	24
Year of Origination 2023 | Office
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	12	13
Year of Origination 2023 | Hotel/Motel
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	24	24
Year of Origination 2023 | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	0
Year of Origination 2023 | Mixed Use
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	0
Year of Origination 2023 | Total Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	269	265
Year of Origination 2022 | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	72	72
Year of Origination 2022 | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	231	233
Year of Origination 2022 | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	205	224
Year of Origination 2022 | Office
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	26	25
Year of Origination 2022 | Hotel/Motel
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	10	10
Year of Origination 2022 | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	6	6
Year of Origination 2022 | Mixed Use
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	0
Year of Origination 2022 | Total Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	550	570
Year of Origination 2021 | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	21	22
Year of Origination 2021 | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	112	122
Year of Origination 2021 | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	220	310
Year of Origination 2021 | Office
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	87	99
Year of Origination 2021 | Hotel/Motel
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	0
Year of Origination 2021 | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	7	8
Year of Origination 2021 | Mixed Use
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	8	8
Year of Origination 2021 | Total Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	455	569
Year of Origination 2020 | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	49	49
Year of Origination 2020 | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	36	37
Year of Origination 2020 | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	59	60
Year of Origination 2020 | Office
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	79	105
Year of Origination 2020 | Hotel/Motel
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	0
Year of Origination 2020 | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	0
Year of Origination 2020 | Mixed Use
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	0
Year of Origination 2020 | Total Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	223	251
Year of Origination 2019 | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	482	29
Year of Origination 2019 | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	592	56
Year of Origination 2019 | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	452	124
Year of Origination 2019 | Office
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	327	29
Year of Origination 2019 | Hotel/Motel
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	49	9
Year of Origination 2019 | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	123	0
Year of Origination 2019 | Mixed Use
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	36	0
Year of Origination 2019 | Total Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	2,061	247
Year of Origination 2018 | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		559
Year of Origination 2018 | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		625
Year of Origination 2018 | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		414
Year of Origination 2018 | Office
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		342
Year of Origination 2018 | Hotel/Motel
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		42
Year of Origination 2018 | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		127
Year of Origination 2018 | Mixed Use
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		37
Year of Origination 2018 | Total Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,146
Total Segment | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	723	813
Total Segment | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,201	1,195
Total Segment | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,014	1,156
Total Segment | Office
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	541	613
Total Segment | Hotel/Motel
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	83	85
Total Segment | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	136	141
Total Segment | Mixed Use
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	44	45
Total Segment | Total Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ 3,742	$ 4,048

Investments - Allowance for Los

Investments - Allowance for Losses for Commercial Mortgage Loans (Details) - Commercial Portfolio Segment - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2024	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Allowance for Loan and Lease Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest		$ 20	$ 22	$ 14
Credit losses on mortgage loans for which credit losses were not previously recorded	$ 2	0
Increase (decrease) on mortgage loans with allowance recorded in previous period	8	1
Premium Receivable, Credit Loss Expense (Reversal)	24	23
Write-offs	$ (2)	$ (3)

Investments - Past due commerci

Investments - Past due commercial mortgage loans (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, Nonaccrual		$ 35	$ 11
Financing Receivable, Nonaccrual, Interest Income	$ 0	$ 0
Commercial Portfolio Segment
Financing Receivable, Past Due [Line Items]
Financing Receivable, Threshold Past Due, Nonaccrual		90 days
Current | Commercial Portfolio Segment
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 3,707	4,037
30 to 59 Days Past Due | Commercial Portfolio Segment
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
60 to 89 Days Past Due | Commercial Portfolio Segment
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		11	0
Greater than 90 Days Past Due | Commercial Portfolio Segment
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		24	11
Total Segment | Commercial Portfolio Segment
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 3,742	$ 4,048

Investments - Net Investment In

Investments - Net Investment Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	$ 379	$ 401	$ 1,160	$ 1,207
Less: investment expense	18	17	50	52
Net investment income	361	384	1,110	1,155
Financing Receivable, Excluding Accrued Interest, Nonaccrual	35		35		$ 11
Fixed maturities
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	305	319	912	970
Financing Receivable, Excluding Accrued Interest, Nonaccrual	5		5		$ 7
Equity securities
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	2	2	5	8
Mortgage loans on real estate
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	45	50	140	147
Policy loans
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	2	2	6	6
Short-term investments and cash equivalents
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	3	3	8	7
Other
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	$ 22	$ 25	$ 89	$ 69

Investments - Net Realized Capi

Investments - Net Realized Capital Gains (Losses) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	$ (26,000,000)	$ (64,000,000)	$ (22,000,000)	$ (142,000,000)
Embedded derivatives - fixed maturities
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	2,000,000	(3,000,000)	1,000,000	(3,000,000)
Other derivatives, net
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	0	1,000,000	1,000,000	1,000,000
Managed Custody Guarantees
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	6,000,000	(15,000,000)	6,000,000	(12,000,000)
Stabilizer
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	(6,000,000)	(9,000,000)	(7,000,000)	(9,000,000)
Derivatives
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	(106,000,000)	66,000,000	4,000,000	123,000,000
Mortgages [Member]
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	(4,000,000)	(1,000,000)	(1,000,000)	(9,000,000)
Fixed Maturities, Available-for-sale, Including Securities Pledged
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	18,000,000	(12,000,000)	(7,000,000)	(36,000,000)
Fixed Maturities, at Fair Value Using the Fair Value Option
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	62,000,000	(90,000,000)	(23,000,000)	(190,000,000)
Equity securities
Available-for-sale Securities Including Securities Pledged [Line Items]
Realized capital gains (losses)	$ 2,000,000	$ (1,000,000)	$ 4,000,000	$ (7,000,000)

Investments - Proceeds and Gros

Investments - Proceeds and Gross Gains/(Losses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Available for Sale Securities, Gross Realized Gains (Losses), Proceeds on Sales	$ 504	$ 584	$ 1,514	$ 2,716
Debt Securities, Available-for-Sale, Realized Gain	18	9	32	38
Debt Securities, Available-for-Sale, Realized Loss	$ 2	$ 5	$ 28	$ 44

Derivative Financial Instrume_2

Derivative Financial Instruments - Notional and Fair Values (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	$ 162	$ 214
Derivatives, Liability Fair Value	303	308
Designated as Hedging Instrument | Interest rate contracts | Fair Value Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	200	0
Designated as Hedging Instrument | Interest rate contracts | Fair Value Hedging [Member] | Derivatives
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	0	0
Derivatives, Liability Fair Value	7	0
Designated as Hedging Instrument | Interest rate contracts | Cash flow hedges
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	10	10
Designated as Hedging Instrument | Interest rate contracts | Cash flow hedges | Derivatives
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	0	0
Derivatives, Liability Fair Value	0	0
Designated as Hedging Instrument | Foreign exchange contracts | Cash flow hedges
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	527	597
Designated as Hedging Instrument | Foreign exchange contracts | Cash flow hedges | Derivatives
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	17	27
Derivatives, Liability Fair Value	10	6
Not Designated as Hedging Instrument | Credit contracts
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	96	101
Not Designated as Hedging Instrument | Credit contracts | Derivatives
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	0	0
Derivatives, Liability Fair Value	1	1
Not Designated as Hedging Instrument | Interest rate contracts
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	11,250	11,125
Not Designated as Hedging Instrument | Interest rate contracts | Derivatives
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	144	186
Derivatives, Liability Fair Value	273	290
Not Designated as Hedging Instrument | Foreign exchange contracts
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	43	66
Not Designated as Hedging Instrument | Foreign exchange contracts | Derivatives
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	0	0
Derivatives, Liability Fair Value	2	2
Not Designated as Hedging Instrument | Fixed maturities
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	1	1
Derivatives, Liability Fair Value	0	0
Not Designated as Hedging Instrument | Managed Custody Guarantees
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	0	0
Derivatives, Liability Fair Value	2	8
Not Designated as Hedging Instrument | Stabilizer
Derivatives, Fair Value [Line Items]
Derivatives, Asset Fair Value	0	0
Derivatives, Liability Fair Value	$ 8	$ 1

Derivative Financial Instrume_3

Derivative Financial Instruments - Offsetting Assets and Liabilities (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Offsetting Assets and liabilities [Line Items]
Asset Fair Value	$ 160,000,000	$ 213,000,000
Liability Fair Value	293,000,000	299,000,000
Counterparty netting, Assets	(148,000,000)	(184,000,000)
Counterparty netting, Liabilities	(148,000,000)	(184,000,000)
Cash collateral netting, Assets	(9,000,000)	(17,000,000)
Cash collateral netting, Liabilities	(138,000,000)	(111,000,000)
Securities collateral netting, Assets	(2,000,000)	(8,000,000)
Securities collateral netting, Liabilities	(5,000,000)	(3,000,000)
Net receivables	1,000,000	4,000,000
Net payables	2,000,000	1,000,000
Excluded assets exchange traded contract	1,000,000	0
excluded Liability Exchange Traded Contracts	$ 0	$ 0

Derivative Financial Instrume_4

Derivative Financial Instruments - Collateral and Credit Default Swaps (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Securities pledged as collateral
Derivatives, Fair Value [Line Items]
Cash collateral held for securities loan agreement	$ 3	$ 10
Collateral Securities Repledged, Delivered, or Used	137	153
Over the Counter | Payables under securities loan agreement, including collateral held
Derivatives, Fair Value [Line Items]
Cash collateral held for securities loan agreement	11	17
Exchange Cleared | Payables under securities loan agreement, including collateral held
Derivatives, Fair Value [Line Items]
Cash collateral held for securities loan agreement	$ 138	$ 112

Derivative Financial Instrume_5

Derivative Financial Instruments - Net Realized Gains (Losses) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivatives, Fair Value [Line Items]
Net Investment Income	$ 361,000,000	$ 384,000,000	$ 1,110,000,000	$ 1,155,000,000
Derivative, Gain (Loss) on Derivative, Net	(100,000,000)	39,000,000	9,000,000	99,000,000
Realized capital gains (losses)	(26,000,000)	(64,000,000)	(22,000,000)	(142,000,000)
Interest rate contracts | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	(101,000,000)	64,000,000	10,000,000	121,000,000
Interest rate contracts | Cash flow hedges | Designated as Hedging Instrument | Other Comprehensive Income (Loss)
Derivatives, Fair Value [Line Items]
Net realized gains (losses) on derivatives	0	0	0	0
Interest rate contracts | Cash flow hedges | Designated as Hedging Instrument | Investment Income
Derivatives, Fair Value [Line Items]
Net realized gains (losses) on derivatives	0	0	0	0
Interest rate contracts | Fair Value Hedging [Member] | Investment Income
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	0	0
Net realized gains (losses) on derivatives			0	0
Interest rate contracts | Fair Value Hedging [Member] | Other Net Realized Capital Gains (Losses)
Derivatives, Fair Value [Line Items]
Net realized gains (losses) on derivatives			8,000,000	0
Interest rate contracts | Fair Value Hedging [Member] | Gain (Loss) on Investments
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	7,000,000	0
Interest rate contracts | Fair Value Hedging [Member] | Designated as Hedging Instrument | Investment Income
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	0	0	0	0
Interest rate contracts | Fair Value Hedging [Member] | Designated as Hedging Instrument | Other Net Realized Capital Gains (Losses)
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net			(8,000,000)	0
Interest rate contracts | Fair Value Hedging [Member] | Designated as Hedging Instrument | Gain (Loss) on Investments
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	(7,000,000)	0
Foreign exchange contracts | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	(2,000,000)	2,000,000	(2,000,000)	2,000,000
Foreign exchange contracts | Cash flow hedges | Designated as Hedging Instrument | Other Comprehensive Income (Loss)
Derivatives, Fair Value [Line Items]
Net realized gains (losses) on derivatives	(23,000,000)	6,000,000	(14,000,000)	(9,000,000)
Foreign exchange contracts | Cash flow hedges | Designated as Hedging Instrument | Investment Income
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	2,000,000	3,000,000	6,000,000	7,000,000
Net realized gains (losses) on derivatives	4,000,000	3,000,000	9,000,000	7,000,000
Foreign exchange contracts | Cash flow hedges | Designated as Hedging Instrument | Other Net Realized Capital Gains (Losses)
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net			3,000,000	0
Foreign exchange contracts | Cash flow hedges | Designated as Hedging Instrument | Gain (Loss) on Investments
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	2,000,000	0
Fixed maturities
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	2,000,000	(3,000,000)	1,000,000	(3,000,000)
Realized capital gains (losses)	2,000,000	(3,000,000)	1,000,000	(3,000,000)
Managed Custody Guarantees
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	6,000,000	(15,000,000)	6,000,000	(12,000,000)
Realized capital gains (losses)	6,000,000	(15,000,000)	6,000,000	(12,000,000)
Stabilizer
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	(6,000,000)	(9,000,000)	(7,000,000)	(9,000,000)
Realized capital gains (losses)	(6,000,000)	(9,000,000)	(7,000,000)	(9,000,000)
Credit contracts | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 1,000,000	$ 0	$ 1,000,000	$ 0

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Measurement (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets:
Derivatives	$ 161	$ 213
Assets held in separate accounts	100,422	90,282
Liabilities:
Derivatives	293	299
Assets measured on recurring basis
Assets:
Fixed maturities, including securities pledged	20,763	20,839
Cash and cash equivalents, short-term investments and short-term investments under securities loan agreement	1,444	1,061
Assets held in separate accounts	100,422	90,282
Total assets, fair value	122,859	112,460
Liabilities:
Total liabilities, fair value	303	308
Assets measured on recurring basis | Stabilizer and MCGs
Liabilities:
Product guarantees	10	9
Assets measured on recurring basis | Interest rate contracts
Assets:
Derivatives	144	186
Liabilities:
Derivatives	280	290
Assets measured on recurring basis | Foreign exchange contracts
Assets:
Derivatives	17	27
Liabilities:
Derivatives	12	8
Assets measured on recurring basis | Credit contracts
Liabilities:
Derivatives	1	1
Assets measured on recurring basis | U.S. Treasuries
Assets:
Fixed maturities, including securities pledged	277	275
Assets measured on recurring basis | US Treasury and Government
Assets:
Fixed maturities, including securities pledged	29	30
Assets measured on recurring basis | State, municipalities and political subdivisions
Assets:
Fixed maturities, including securities pledged	450	554
Assets measured on recurring basis | U.S. corporate public securities
Assets:
Fixed maturities, including securities pledged	5,357	5,605
Assets measured on recurring basis | U.S. corporate private securities
Assets:
Fixed maturities, including securities pledged	3,787	3,636
Assets measured on recurring basis | Foreign corporate public securities and foreign governments
Assets:
Fixed maturities, including securities pledged	1,904	2,022
Assets measured on recurring basis | Foreign corporate private securities
Assets:
Fixed maturities, including securities pledged	2,170	2,299
Assets measured on recurring basis | Residential mortgage-backed
Assets:
Fixed maturities, including securities pledged	2,749	2,532
Assets measured on recurring basis | Commercial mortgage-backed
Assets:
Fixed maturities, including securities pledged	2,297	2,358
Assets measured on recurring basis | Other asset-backed securities
Assets:
Fixed maturities, including securities pledged	1,743	1,528
Assets measured on recurring basis | Equity securities
Liabilities:
Equity Securities, FV-NI	69	65
Assets measured on recurring basis | Level 1
Assets:
Fixed maturities, including securities pledged	222	221
Cash and cash equivalents, short-term investments and short-term investments under securities loan agreement	1,443	1,061
Assets held in separate accounts	94,262	84,329
Total assets, fair value	95,940	85,628
Liabilities:
Total liabilities, fair value	1	0
Assets measured on recurring basis | Level 1 | Stabilizer and MCGs
Liabilities:
Product guarantees	0	0
Assets measured on recurring basis | Level 1 | Interest rate contracts
Assets:
Derivatives	2	6
Liabilities:
Derivatives	1	0
Assets measured on recurring basis | Level 1 | Foreign exchange contracts
Assets:
Derivatives	0	0
Liabilities:
Derivatives	0	0
Assets measured on recurring basis | Level 1 | Credit contracts
Liabilities:
Derivatives	0	0
Assets measured on recurring basis | Level 1 | U.S. Treasuries
Assets:
Fixed maturities, including securities pledged	222	221
Assets measured on recurring basis | Level 1 | US Treasury and Government
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 1 | State, municipalities and political subdivisions
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 1 | U.S. corporate public securities
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 1 | U.S. corporate private securities
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 1 | Foreign corporate public securities and foreign governments
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 1 | Foreign corporate private securities
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 1 | Residential mortgage-backed
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 1 | Commercial mortgage-backed
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 1 | Other asset-backed securities
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 1 | Equity securities
Liabilities:
Equity Securities, FV-NI	11	11
Assets measured on recurring basis | Level 2
Assets:
Fixed maturities, including securities pledged	18,955	18,981
Cash and cash equivalents, short-term investments and short-term investments under securities loan agreement	1	0
Assets held in separate accounts	5,812	5,605
Total assets, fair value	24,927	24,793
Liabilities:
Total liabilities, fair value	292	299
Assets measured on recurring basis | Level 2 | Stabilizer and MCGs
Liabilities:
Product guarantees	0	0
Assets measured on recurring basis | Level 2 | Interest rate contracts
Assets:
Derivatives	142	180
Liabilities:
Derivatives	279	290
Assets measured on recurring basis | Level 2 | Foreign exchange contracts
Assets:
Derivatives	17	27
Liabilities:
Derivatives	12	8
Assets measured on recurring basis | Level 2 | Credit contracts
Liabilities:
Derivatives	1	1
Assets measured on recurring basis | Level 2 | U.S. Treasuries
Assets:
Fixed maturities, including securities pledged	55	54
Assets measured on recurring basis | Level 2 | US Treasury and Government
Assets:
Fixed maturities, including securities pledged	29	30
Assets measured on recurring basis | Level 2 | State, municipalities and political subdivisions
Assets:
Fixed maturities, including securities pledged	450	554
Assets measured on recurring basis | Level 2 | U.S. corporate public securities
Assets:
Fixed maturities, including securities pledged	5,349	5,592
Assets measured on recurring basis | Level 2 | U.S. corporate private securities
Assets:
Fixed maturities, including securities pledged	2,669	2,451
Assets measured on recurring basis | Level 2 | Foreign corporate public securities and foreign governments
Assets:
Fixed maturities, including securities pledged	1,896	2,022
Assets measured on recurring basis | Level 2 | Foreign corporate private securities
Assets:
Fixed maturities, including securities pledged	1,791	1,945
Assets measured on recurring basis | Level 2 | Residential mortgage-backed
Assets:
Fixed maturities, including securities pledged	2,694	2,484
Assets measured on recurring basis | Level 2 | Commercial mortgage-backed
Assets:
Fixed maturities, including securities pledged	2,297	2,358
Assets measured on recurring basis | Level 2 | Other asset-backed securities
Assets:
Fixed maturities, including securities pledged	1,725	1,491
Assets measured on recurring basis | Level 2 | Equity securities
Liabilities:
Equity Securities, FV-NI	0	0
Assets measured on recurring basis | Level 3
Assets:
Fixed maturities, including securities pledged	1,586	1,637
Cash and cash equivalents, short-term investments and short-term investments under securities loan agreement	0	0
Assets held in separate accounts	348	348
Total assets, fair value	1,992	2,039
Liabilities:
Total liabilities, fair value	10	9
Assets measured on recurring basis | Level 3 | Stabilizer and MCGs
Liabilities:
Product guarantees	10	9
Assets measured on recurring basis | Level 3 | Interest rate contracts
Assets:
Derivatives	0	0
Liabilities:
Derivatives	0	0
Assets measured on recurring basis | Level 3 | Foreign exchange contracts
Assets:
Derivatives	0	0
Liabilities:
Derivatives	0	0
Assets measured on recurring basis | Level 3 | Credit contracts
Liabilities:
Derivatives	0	0
Assets measured on recurring basis | Level 3 | U.S. Treasuries
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 3 | US Treasury and Government
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 3 | State, municipalities and political subdivisions
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 3 | U.S. corporate public securities
Assets:
Fixed maturities, including securities pledged	8	13
Assets measured on recurring basis | Level 3 | U.S. corporate private securities
Assets:
Fixed maturities, including securities pledged	1,118	1,185
Assets measured on recurring basis | Level 3 | Foreign corporate public securities and foreign governments
Assets:
Fixed maturities, including securities pledged	8	0
Assets measured on recurring basis | Level 3 | Foreign corporate private securities
Assets:
Fixed maturities, including securities pledged	379	354
Assets measured on recurring basis | Level 3 | Residential mortgage-backed
Assets:
Fixed maturities, including securities pledged	55	48
Assets measured on recurring basis | Level 3 | Commercial mortgage-backed
Assets:
Fixed maturities, including securities pledged	0	0
Assets measured on recurring basis | Level 3 | Other asset-backed securities
Assets:
Fixed maturities, including securities pledged	18	37
Assets measured on recurring basis | Level 3 | Equity securities
Liabilities:
Equity Securities, FV-NI	$ 58	$ 54

Fair Value Measurements - Level

Fair Value Measurements - Level 3 Financial Instruments (Details) - Assets measured on recurring basis - Level 3 - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Stabilizer (Investment Only) and MCG Contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Derivatives, beginning balance	$ (10)	$ (3)	$ (9)	$ (6)
Total Realized/Unrealized Gains (Losses) Included in Net Income	0	(23)	0	(20)
Total Realized/Unrealized Gains (Losses) Included in OCI	0	0	0	0
Purchases	0	0	0	0
Issues	0	(1)	(1)	(1)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Sales	0	0	0	0
Settlements	0	0	0	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Transfers, Net	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, Derivatives, ending balance	(10)	(27)	(10)	(27)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Change in Unrealized Gain (Loss)	0	0	0	0
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	0	0	0	0
U.S. corporate public securities | Available-for-sale Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance	9	13	13	13
Total Realized/Unrealized Gains (Losses) Included in Net Income				0
Total Realized/Unrealized Gains (Losses) Included in OCI	(1)			0
Purchases				0
Issuances				0
Sales				0
Settlements			(5)	0
Transfers in to Level 3				0
Transfers out of Level 3				0
Fair Value, assets, ending balance	8	13	8	13
Change in Unrealized Gains (Losses) Included in Earnings				0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	(1)	0	(1)	0
U.S. corporate private securities | Available-for-sale Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance	1,144	1,305	1,185	1,356
Total Realized/Unrealized Gains (Losses) Included in Net Income	(2)		(1)	0
Total Realized/Unrealized Gains (Losses) Included in OCI	44	(36)	27	(34)
Purchases	86	17	186	79
Issuances				0
Sales	(1)		(10)	(3)
Settlements	(64)	(36)	(162)	(113)
Transfers in to Level 3		47		32
Transfers out of Level 3	(89)	(172)	(107)	(192)
Fair Value, assets, ending balance	1,118	1,125	1,118	1,125
Change in Unrealized Gains (Losses) Included in Earnings			1	0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	41	(37)	21	(36)
Foreign corporate private securities | Available-for-sale Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance	363	333	354	339
Total Realized/Unrealized Gains (Losses) Included in Net Income	1	(1)	1	1
Total Realized/Unrealized Gains (Losses) Included in OCI	1	(7)	(8)	(1)
Purchases	16	41	32	89
Issuances				0
Sales			(8)	0
Settlements	(2)	(17)	(36)	(145)
Transfers in to Level 3		43	44	95
Transfers out of Level 3		(16)		(2)
Fair Value, assets, ending balance	379	376	379	376
Change in Unrealized Gains (Losses) Included in Earnings	1	(1)	1	1
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	2	(7)	(8)	(2)
Residential mortgage-backed | Available-for-sale Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance	39	49	48	20
Total Realized/Unrealized Gains (Losses) Included in Net Income	4	(3)		(5)
Total Realized/Unrealized Gains (Losses) Included in OCI				0
Purchases	12	3	11	37
Issuances				0
Sales				0
Settlements				0
Transfers in to Level 3		5		2
Transfers out of Level 3			(4)	0
Fair Value, assets, ending balance	55	54	55	54
Change in Unrealized Gains (Losses) Included in Earnings	4	(3)		(5)
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	0	0	0	0
Foreign corporate public securities and foreign governments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance	12
Purchases	8		8
Sales	(12)
Fair Value, assets, ending balance	8		8
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	0		0
Foreign corporate public securities and foreign governments | Available-for-sale Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance				2
Transfers out of Level 3				(2)
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI				0
Other asset-backed securities | Available-for-sale Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance	17	32	37	52
Total Realized/Unrealized Gains (Losses) Included in Net Income				0
Total Realized/Unrealized Gains (Losses) Included in OCI				(1)
Purchases	3	10	3	10
Issuances				0
Sales				0
Settlements	(2)	(1)	(5)	(2)
Transfers in to Level 3				0
Transfers out of Level 3		(2)	(17)	(20)
Fair Value, assets, ending balance	18	39	18	39
Change in Unrealized Gains (Losses) Included in Earnings				0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	0	0	0	0
Fixed maturities | Available-for-sale Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance	1,584	1,732	1,637	1,782
Total Realized/Unrealized Gains (Losses) Included in Net Income	3	(4)		(4)
Total Realized/Unrealized Gains (Losses) Included in OCI	44	(43)	19	(36)
Purchases	125	71	240	215
Issuances				0
Sales	(13)		(18)	(3)
Settlements	(68)	(54)	(208)	(260)
Transfers in to Level 3		95	44	129
Transfers out of Level 3	(89)	(190)	(128)	(216)
Fair Value, assets, ending balance	1,586	1,607	1,586	1,607
Change in Unrealized Gains (Losses) Included in Earnings	5	(4)	2	(4)
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	42	(44)	12	(38)
Equity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance	56	114	54	117
Total Realized/Unrealized Gains (Losses) Included in Net Income	2	(1)	4	(7)
Total Realized/Unrealized Gains (Losses) Included in OCI				0
Purchases				0
Issuances				0
Sales				0
Settlements				0
Transfers in to Level 3				3
Transfers out of Level 3				0
Fair Value, assets, ending balance	58	113	58	113
Change in Unrealized Gains (Losses) Included in Earnings	2	1	4	(7)
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	0	0	0	0
Assets held in separate accounts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, assets, beginning balance	363	344	348	347
Total Realized/Unrealized Gains (Losses) Included in Net Income	11	(5)	12	(9)
Total Realized/Unrealized Gains (Losses) Included in OCI	0	0	0	0
Purchases	12	1	47	8
Issuances	0	0	0	0
Sales	(9)	(4)	(24)	(13)
Settlements	0	0	0	0
Transfers in to Level 3	0	6	5	9
Transfers out of Level 3	(29)	(1)	(40)	(1)
Fair Value, assets, ending balance	348	341	348	341
Change in Unrealized Gains (Losses) Included in Earnings	0	0	0	0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	$ 0	$ 0	$ 0	$ 0

Fair Value Measurements - Other

Fair Value Measurements - Other Financial Instruments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fixed maturities, including securities pledged	$ 20,763	$ 20,839
Equity Securities, FV-NI	69	65
Cash and cash equivalents, short-term investments and short-term investments under securities loan agreement	1,444	1,061
Derivative assets	161	213
Short Term Loan Affiliate	155	295
Other investments	95	88
Assets held in separate accounts	100,422	90,282
Short-term Debt	51	31
Long-term debt	1	1
Fair Value | Funding agreements without fixed maturities and deferred annuities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	29,051	28,954
Fair Value | Funding agreements with fixed maturities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	701	672
Fair Value | Supplementary contracts, immediate annuities and other
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	188	192
Fair Value | Stabilizer Products and Managed Custody Guarantee (MCG) Products [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	10	9
Fair Value | Mortgages [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans	3,627	3,829
Fair Value | Policy loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans	163	161
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fixed maturities, including securities pledged	20,763	20,839
Equity Securities, FV-NI	69	65
Cash and cash equivalents, short-term investments and short-term investments under securities loan agreement	1,444	1,061
Derivative assets	161	213
Short Term Loan Affiliate	155	295
Other investments	95	88
Assets held in separate accounts	100,422	90,282
Short-term Debt	51	31
Long-term debt	1	1
Carrying Value | Funding agreements without fixed maturities and deferred annuities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	25,962	26,867
Carrying Value | Funding agreements with fixed maturities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	723	671
Carrying Value | Supplementary contracts, immediate annuities and other
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	220	231
Carrying Value | Stabilizer Products and Managed Custody Guarantee (MCG) Products [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	10	9
Carrying Value | Mortgages [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans	3,742	4,048
Carrying Value | Policy loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans	163	161
Derivative assets	161	213
Other investments	95	88
Assets held in separate accounts	100,422	90,282
Derivatives liabilities	293	299
Other derivatives | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives liabilities	293	299
Other derivatives | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives liabilities	$ 293	$ 299

Deferred Policy Acquisition C_3

Deferred Policy Acquisition Costs and Value of Business Acquired - Rollforward (Details) - USD ($) $ in Millions	6 Months Ended	9 Months Ended
	Jun. 30, 2024	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Deferred Policy Acquisition Cost and Value of Businesses Acquired Rollforward [Line Items]
Deferred Policy Acquisition Cost		$ 910	$ 920
Present Value of Future Insurance Profits, Net		303	321	$ 348
Deferrals of commissions and expenses	$ 3	2
Present Value of Future Insurance Profits, Amortization Expense	(30)	(20)
Present Value of Future Insurance Profits, Impairment Loss	0	0
Retirement
Deferred Policy Acquisition Cost and Value of Businesses Acquired Rollforward [Line Items]
Deferred Policy Acquisition Cost		597	589	$ 578
Deferrals of commissions and expenses	56	42
As of December 31, 2023	$ (45)	(34)
Other [Domain]
Deferred Policy Acquisition Cost and Value of Businesses Acquired Rollforward [Line Items]
Deferred Policy Acquisition Cost		$ 10	$ 10

Reserves for Future Policy Be_3

Reserves for Future Policy Benefits and Contract Owner Account Balances (Details) - USD ($) $ in Millions	6 Months Ended	9 Months Ended	12 Months Ended
	Jun. 30, 2024	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Policyholder Account Balance [Line Items]
Policyholder Account Balance		$ 29,587	$ 30,577
Policyholder Account Balance, at Guaranteed Minimum Crediting Rate
Policyholder Account Balance [Line Items]
Policyholder Account Balance		13,721	14,537
Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0001 to 0050
Policyholder Account Balance [Line Items]
Policyholder Account Balance		4,262	4,772
Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0051 to 0100
Policyholder Account Balance [Line Items]
Policyholder Account Balance		3,705	3,496
Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0101 to 0150
Policyholder Account Balance [Line Items]
Policyholder Account Balance		1,720	2,210
Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0151 to 0200
Policyholder Account Balance [Line Items]
Policyholder Account Balance		1,469	861
Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0200 and Greater
Policyholder Account Balance [Line Items]
Policyholder Account Balance		867	798
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0001 to 0100
Policyholder Account Balance [Line Items]
Policyholder Account Balance		11,884	11,984
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0001 to 0100 | Policyholder Account Balance, at Guaranteed Minimum Crediting Rate
Policyholder Account Balance [Line Items]
Policyholder Account Balance		9	11
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0001 to 0100 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0001 to 0050
Policyholder Account Balance [Line Items]
Policyholder Account Balance		4,161	4,663
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0001 to 0100 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0051 to 0100
Policyholder Account Balance [Line Items]
Policyholder Account Balance		3,664	3,451
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0001 to 0100 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0101 to 0150
Policyholder Account Balance [Line Items]
Policyholder Account Balance		1,716	2,204
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0001 to 0100 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0151 to 0200
Policyholder Account Balance [Line Items]
Policyholder Account Balance		1,467	858
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0001 to 0100 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0200 and Greater
Policyholder Account Balance [Line Items]
Policyholder Account Balance		867	797
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0100 to 0199
Policyholder Account Balance [Line Items]
Policyholder Account Balance		225	265
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0100 to 0199 | Policyholder Account Balance, at Guaranteed Minimum Crediting Rate
Policyholder Account Balance [Line Items]
Policyholder Account Balance		113	141
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0100 to 0199 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0001 to 0050
Policyholder Account Balance [Line Items]
Policyholder Account Balance		68	73
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0100 to 0199 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0051 to 0100
Policyholder Account Balance [Line Items]
Policyholder Account Balance		40	44
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0100 to 0199 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0101 to 0150
Policyholder Account Balance [Line Items]
Policyholder Account Balance		4	6
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0100 to 0199 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0151 to 0200
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0100 to 0199 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0200 and Greater
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	1
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0200 to 0299
Policyholder Account Balance [Line Items]
Policyholder Account Balance		5,878	6,312
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0200 to 0299 | Policyholder Account Balance, at Guaranteed Minimum Crediting Rate
Policyholder Account Balance [Line Items]
Policyholder Account Balance		5,844	6,275
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0200 to 0299 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0001 to 0050
Policyholder Account Balance [Line Items]
Policyholder Account Balance		33	36
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0200 to 0299 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0051 to 0100
Policyholder Account Balance [Line Items]
Policyholder Account Balance		1	1
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0200 to 0299 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0101 to 0150
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0200 to 0299 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0151 to 0200
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0200 to 0299 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0200 and Greater
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0300 to 0399
Policyholder Account Balance [Line Items]
Policyholder Account Balance		7,399	7,708
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0300 to 0399 | Policyholder Account Balance, at Guaranteed Minimum Crediting Rate
Policyholder Account Balance [Line Items]
Policyholder Account Balance		7,399	7,708
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0300 to 0399 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0001 to 0050
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0300 to 0399 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0051 to 0100
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0300 to 0399 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0101 to 0150
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0300 to 0399 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0151 to 0200
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0300 to 0399 | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0200 and Greater
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0400 and Greater
Policyholder Account Balance [Line Items]
Policyholder Account Balance		4	4
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0400 and Greater | Policyholder Account Balance, at Guaranteed Minimum Crediting Rate
Policyholder Account Balance [Line Items]
Policyholder Account Balance		4	4
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0400 and Greater | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0001 to 0050
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0400 and Greater | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0051 to 0100
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0400 and Greater | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0101 to 0150
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0400 and Greater | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0151 to 0200
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range from 0400 and Greater | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0200 and Greater
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Renewable Beyond 12 Months
Policyholder Account Balance [Line Items]
Policyholder Account Balance		354	401
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Renewable Beyond 12 Months | Policyholder Account Balance, at Guaranteed Minimum Crediting Rate
Policyholder Account Balance [Line Items]
Policyholder Account Balance		352	398
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Renewable Beyond 12 Months | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0001 to 0050
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Renewable Beyond 12 Months | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0051 to 0100
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Renewable Beyond 12 Months | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0101 to 0150
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Renewable Beyond 12 Months | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0151 to 0200
Policyholder Account Balance [Line Items]
Policyholder Account Balance		2	3
Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Renewable Beyond 12 Months | Policyholder Account Balance, above Guaranteed Minimum Crediting Rate, Range from 0200 and Greater
Policyholder Account Balance [Line Items]
Policyholder Account Balance		0	0
Total discretionary rate setting products
Policyholder Account Balance [Line Items]
Policyholder Account Balance		25,744	26,674
Retirement
Policyholder Account Balance [Line Items]
Policyholder Account Balance		25,193	25,991	$ 27,951
Policyholder Account Balance, Premium Received	$ 2,223	1,784
Policyholder Account Balance, Policy Charge	(9)	(36)
Policyholder Account Balance, Surrender and Withdrawal	(4,900)	(3,181)
Net transfers (from) to the general account	(9)	103
Transfer to (from) Policyholder Account Balance (to) from Separate Account		(970)	$ 515
Policyholder Account Balance, Interest Expense	735	$ 532
Policyholder Account Balance, Weighted Average Crediting Rate		2.80%	2.70%
Policyholder Account Balance, Net Amount at Risk		$ 92	$ 116
Policyholder Account Balance, Cash Surrender Value		24,830	25,631
Retirement | VRIAC-managed institutional/mutual fund plan assets
Policyholder Account Balance [Line Items]
Transfer to (from) Policyholder Account Balance (to) from Separate Account	$ (524)	(867)
Other Segments
Policyholder Account Balance [Line Items]
Policyholder Account Balance		3,671	3,915
non-puttable funding agreement
Policyholder Account Balance [Line Items]
Policyholder Account Balance		$ 723	$ 671

Reinsurance - Assets and Liabil

Reinsurance - Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Insurance [Abstract]
Premiums Receivable and Reinsurance Recoverables, Including Reinsurance Premium Paid	$ 2,690	$ 2,899
Premiums receivable and reinsurance recoverable, net	2,691	2,899
Premiums Receivable, Net	$ (1)	$ 0

Reinsurance - Effect of Reinsur

Reinsurance - Effect of Reinsurance (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Premiums
Direct Premiums Earned	$ (6)	$ (16)	$ (4)	$ (26)
Ceded Premiums Earned	0	1	0	2
Premiums	6	15	4	24
Policyholder Benefits and Claims Incurred, Assumed and Ceded [Abstract]
Policyholder Benefits and Claims Incurred, Direct	247	256	658	699
Policyholder Benefits and Claims Incurred, Assumed	1	1	3	3
Policyholder Benefits and Claims Incurred, Ceded	(40)	(4)	(77)	(79)
Policyholder Interest and Other Benefits, Net	208	$ 261	584	$ 623
Deposit Contracts, Assets	$ 900		$ 900		$ 1,000

Separate Account Liability (Det

Separate Account Liability (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets held in separate accounts	$ 100,422	$ 90,282
Liabilities related to separate accounts	100,422	90,282
Retirement
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities related to separate accounts	98,625	88,615	$ 75,569
Separate Account, Liability, Policyholder Behavior	8,200	10,976
Separate Account, Liability, Policy Charge	(373)	(448)
Separate Account, Liability, Increase (Decrease) from Invested Performance	13,081	13,920
Separate Account, Liability, Surrender and Withdrawal	(9,928)	(10,887)
Transfer to (from) Policyholder Account Balance (to) from Separate Account	(970)	515
Separate Account, Liability, Cash Surrender Value, Amount	91,387	81,420
Other Segments
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities related to separate accounts	1,797	1,667
Wealth Solutions Stabilizer
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Transfer to (from) Policyholder Account Balance (to) from Separate Account	970
Wealth Solutions Stabilizer | Retirement
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities related to separate accounts	7,217	7,175	7,196
Separate Account, Liability, Policyholder Behavior	702	940
Separate Account, Liability, Policy Charge	(25)	(34)
Separate Account, Liability, Increase (Decrease) from Invested Performance	384	415
Separate Account, Liability, Surrender and Withdrawal	(1,019)	(1,342)
Transfer to (from) Policyholder Account Balance (to) from Separate Account	0	0
Deferred Variable Annuity | Retirement
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities related to separate accounts	91,408	81,440	$ 68,373
Separate Account, Liability, Policyholder Behavior	7,498	10,036
Separate Account, Liability, Policy Charge	(348)	(414)
Separate Account, Liability, Increase (Decrease) from Invested Performance	12,697	13,505
Separate Account, Liability, Surrender and Withdrawal	(8,909)	(9,545)
Transfer to (from) Policyholder Account Balance (to) from Separate Account		515
US Treasury and Government
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets held in separate accounts	886	1,015
Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets held in separate accounts	2,756	2,528
Separate Account, Mortgage-Backed Security
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets held in separate accounts	3,191	3,231
Separate Account, Equity Security
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets held in separate accounts	93,147	83,065
Separate Account, Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets held in separate accounts	300	399
Asset-Backed Securities, Securitized Loans and Receivables
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets held in separate accounts	$ 142	$ 44

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss) - Changes in AOCI, including Reclassification Adjustments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Available-for-sale securities, Before-Tax Amount:
Fixed maturities	$ 775	$ (697)	$ 522	$ (451)
Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations	(20)	10	(3)	29
Unrealized gains (losses) on securities	755	(687)	519	(422)
Available-for-sale securities, Income Tax:
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, Tax	(164)	147	(111)	95
Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations	5	(2)	1	(6)
OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment, Tax	(159)	145	(110)	89
Available-for-sale securities, After-Tax Amount:
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax	611	(550)	411	(356)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax	(15)	8	(2)	23
Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, after Tax	596	(542)	409	(333)
Derivatives, Before-Tax Amount:
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	(23)	6	(14)	(9)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	4	5	12	15
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	(27)	1	(26)	(24)
Derivatives, Income Tax:
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	(5)	1	(3)	(2)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	1	1	3	3
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax	(6)	0	(6)	(5)
Derivatives, After-Tax Amount:
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax	(18)	5	(11)	(7)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax	3	4	9	12
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	(21)	1	(20)	(19)
OCI, Liability for Future Policy Benefit, Gain (Loss), before Reclassification Adjustment and Tax	4	4	21	15
OCI, Liability for Future Policy Benefit, Gain (Loss), after Reclassification Adjustment, Tax	0	(1)	(4)	(3)
OCI, Liability for Future Policy Benefit, Gain (Loss), after Reclassification Adjustment and Tax	4	3	17	12
Other Comprehensive Income (Loss), before Tax	732	(682)	514	(431)
Other Comprehensive Income (Loss), Tax	(153)	144	(108)	91
Other Comprehensive Income (Loss), Net of Tax	$ 579	$ (538)	$ 406	$ (340)

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) - Components of AOCI (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Fixed maturities, net of impairment	$ (1,308)		$ (2,965)
Deferred income tax asset (liability)(2)	462		803
Accumulated Other Comprehensive Income (Loss), Unrealized Capital Gains (Losses), Adjustment, Net of Tax	(1,127)		(2,408)
Pension and other postretirement benefits liability, net of tax	2		1
Accumulated other comprehensive income (loss)	(1,125)	$ (1,531)	(2,407)
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent	12
Accumulated Other Comprehensive Income (Loss), Deferred Acquisition Costs and Value Of Business Acquired (VOBA), Available for Sale Securities Adjustment, before Tax	31		88
AOCI, Liability for Future Policy Benefit, before Tax	$ (312)		$ (334)

Revenue from Contract with Cu_3

Revenue from Contract with Customer (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 168	$ 134	$ 483	$ 396
Revenue from other sources (non-financial services revenue)	140	122	405	354
Total Fee income and Other revenue	308	256	888	750
Accounts Receivable, after Allowance for Credit Loss	98		98		$ 94
Distribution Fees
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	20	19	59	55
Recordkeeping Administration
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 148	$ 115	$ 424	$ 341

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Effective tax rate	11.30%	(70.70%)	9.90%	(2.80%)
Statutory tax rate			21%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$ 133	$ 41	$ 465	$ 253
Income tax expense (benefit)	15	(29)	46	(7)
Other Comprehensive Income (Loss), before Tax	$ 732	$ (682)	$ 514	$ (431)

Financing Agreements - Narrativ

Financing Agreements - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Interest Expense	$ 0	$ 1	$ 1	$ 2
Voya Financial, Inc. | Reciprocal Loan Agreement
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Interest Income, Operating	5	3	18	14
Interest Expense	1	$ 1		$ 2
Other Receivables	155		155		$ 295
VIPS | Reciprocal Loan Agreement
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Other Receivables	$ 50		$ 50		$ 31

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Loss Contingencies [Line Items]
Pledged Collateral	$ 1,292,000,000	$ 1,205,000,000
Loss Contingency, Range of Possible Loss, Portion Not Accrued	0
Securities pledged as collateral
Loss Contingencies [Line Items]
Securities Pledged under repurchase agreements	137,000,000	153,000,000
Acquisition of mortgage loans
Loss Contingencies [Line Items]
Amount of purchase commitment	101,000,000
Purchase of limited partnerships and private placement investments
Loss Contingencies [Line Items]
Amount of purchase commitment	796,000,000
Federal Home Loan Bank of Boston | Line of Credit
Loss Contingencies [Line Items]
Non-putable funding agreements issued to FHLB	723,000,000	671,000,000
Pledged Collateral	$ 1,292,000,000	$ 1,205,000,000

Commitments and Contingencies_2

Commitments and Contingencies - Restricted Assets (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Loss Contingencies [Line Items]
FHLB restricted stock	$ 34	$ 33
Debt Securities, Trading	12	11
Restricted Cash and Cash Equivalents	1	2
Total restricted assets	2,366	2,049
Pledged Collateral	1,292	1,205
Securities pledged as collateral
Loss Contingencies [Line Items]
Fair value of loaned securities	864	645
Securities Pledged under repurchase agreements, carrying value	26	0
Other Commitments [Line Items]
Securities Pledged under repurchase agreements, carrying value	26	0
Collateral Pledged
Loss Contingencies [Line Items]
Securities pledged	$ 1,027	$ 798

Related Party - Narrative (Deta

Related Party - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Related Party Transaction [Line Items]
Revenues	$ 649	$ 591	$ 1,980	$ 1,787
Other Affiliates
Related Party Transaction [Line Items]
Revenues			63	58
Other Expenses			$ 431	$ 448
Other Affiliates
Related Party Transaction [Line Items]
Revenues	21	19
Other Expenses	$ 143	$ 143