v3.23.1
Derivatives and Hedge Accounting - Fair value hedging relationships (Details) - Derivatives designated as hedging instruments - Fair value hedging - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest rate contracts | Net Realized and Unrealized Gains (Losses)      
Derivative instruments gain (loss):      
Gains/(losses) recognized in earnings on hedging derivatives $ 0 $ 0 $ 0
Gains/(losses) recognized in earnings for excluded components 0 0 0
Gain (losses) recognized in earnings on hedged items 0 0 0
Net Impact 0 0 0
Interest rate contracts | Interest credited to policyholder account balances      
Derivative instruments gain (loss):      
Gains/(losses) recognized in earnings on hedging derivatives (156) (62) 47
Gains/(losses) recognized in earnings for excluded components 0 18 1
Gain (losses) recognized in earnings on hedged items 151 54 (53)
Net Impact (5) 10 (5)
Interest rate contracts | Net investment income      
Derivative instruments gain (loss):      
Gains/(losses) recognized in earnings on hedging derivatives 11 9 (6)
Gains/(losses) recognized in earnings for excluded components 0 0 0
Gain (losses) recognized in earnings on hedged items (12) (11) 5
Net Impact (1) (2) (1)
Foreign exchange contracts      
Derivative instruments gain (loss):      
Gains/(losses) recognized in earnings on hedging derivatives 459 260 (298)
Gains/(losses) recognized in earnings for excluded components 171 31 98
Gain (losses) recognized in earnings on hedged items (459) (260) 298
Net Impact $ 171 $ 31 $ 98