2024 Q3 Form 10-Q Financial Statement
#000168504024000037 Filed on August 08, 2024
Income Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| Revenue | $2.018B | $1.427B |
| YoY Change | 72.48% | 442.59% |
| Cost Of Revenue | $22.00M | $642.0M |
| YoY Change | -96.27% | -6.82% |
| Gross Profit | $1.996B | $785.0M |
| YoY Change | 244.14% | -284.27% |
| Gross Profit Margin | 98.91% | 55.01% |
| Selling, General & Admin | $1.281B | $267.0M |
| YoY Change | -344.0% | -136.98% |
| % of Gross Profit | 64.18% | 34.01% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $492.0M | $468.0M |
| YoY Change | 4.02% | -6.77% |
| Operating Profit | $1.504B | $317.0M |
| YoY Change | 1305.61% | -134.16% |
| Interest Expense | -$38.00M | -$38.00M |
| YoY Change | 0.0% | 0.0% |
| % of Operating Profit | -2.53% | -11.99% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $188.0M | $14.00M |
| YoY Change | -68.14% | -105.91% |
| Income Tax | $10.00M | -$20.00M |
| % Of Pretax Income | 5.32% | -142.86% |
| Net Earnings | $176.0M | $34.00M |
| YoY Change | -63.26% | -119.43% |
| Net Earnings / Revenue | 8.72% | 2.38% |
| Basic Earnings Per Share | $2.49 | $0.12 |
| Diluted Earnings Per Share | $2.47 | $0.12 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 60.76M shares | 62.11M shares |
| Diluted Shares Outstanding | 60.95M shares | 62.26M shares |
Balance Sheet
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $5.630B | $4.441B |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | ||
| YoY Change | ||
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $4.870B | $4.938B |
| YoY Change | -1.24% | 0.49% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $114.7B | $111.3B |
| YoY Change | 10.61% | 4.61% |
| Other Assets | $1.737B | $2.087B |
| YoY Change | -18.1% | 10.02% |
| Total Long-Term Assets | ||
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | ||
| Total Long-Term Assets | ||
| Total Assets | $245.2B | $237.4B |
| YoY Change | 9.68% | 2.55% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | ||
| YoY Change | ||
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $3.155B | $3.155B |
| YoY Change | -0.06% | -0.03% |
| Other Long-Term Liabilities | $18.02B | $16.36B |
| YoY Change | 5.84% | -1.22% |
| Total Long-Term Liabilities | $21.18B | $19.52B |
| YoY Change | 4.91% | -1.03% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | ||
| Total Long-Term Liabilities | $21.18B | $19.52B |
| Total Liabilities | $239.6B | $233.2B |
| YoY Change | 9.2% | 2.94% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$1.790B | -$1.966B |
| YoY Change | 203.39% | 83.91% |
| Common Stock | $1.000M | $1.000M |
| YoY Change | 0.0% | 0.0% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $2.512B | $2.447B |
| YoY Change | 11.74% | 12.09% |
| Treasury Stock Shares | ||
| Shareholders Equity | $5.525B | $4.141B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $245.2B | $237.4B |
| YoY Change | 9.68% | 2.55% |
Cashflow Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $176.0M | $34.00M |
| YoY Change | -63.26% | -119.43% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | $24.00M | $334.0M |
| YoY Change | -92.92% | -360.94% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$130.0M | -$1.082B |
| YoY Change | -86.8% | 223.95% |
| Cash From Investing Activities | -$130.0M | -$1.082B |
| YoY Change | -86.8% | 223.95% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 1.295B | 1.366B |
| YoY Change | 73.13% | 165.76% |
| NET CHANGE | ||
| Cash From Operating Activities | 24.00M | 334.0M |
| Cash From Investing Activities | -130.0M | -1.082B |
| Cash From Financing Activities | 1.295B | 1.366B |
| Net Change In Cash | 1.189B | 618.0M |
| YoY Change | 1065.69% | 1088.46% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $24.00M | $334.0M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1707000000 | usd | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1659000000 | usd | |
| us-gaap |
Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
|
20632000000 | usd | |
| us-gaap |
Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
|
11670000000 | usd | |
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Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
|
18009000000 | usd | |
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Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
|
9086000000 | usd | |
| bhf |
Net Change In Payables For Collateral Under Securities Loaned And Other Transactions
NetChangeInPayablesForCollateralUnderSecuritiesLoanedAndOtherTransactions
|
236000000 | usd | |
| bhf |
Net Change In Payables For Collateral Under Securities Loaned And Other Transactions
NetChangeInPayablesForCollateralUnderSecuritiesLoanedAndOtherTransactions
|
-427000000 | usd | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1000000 | usd | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1000000 | usd | |
| us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
51000000 | usd | |
| us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
51000000 | usd | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
126000000 | usd | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
126000000 | usd | |
| us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
175000000 | usd | |
| us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
54000000 | usd | |
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-13000000 | usd | |
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-16000000 | usd | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2493000000 | usd | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1909000000 | usd | |
| us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
590000000 | usd | |
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-378000000 | usd | |
| CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3851000000 | usd |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4115000000 | usd |
| us-gaap |
Interest Paid Net
InterestPaidNet
|
75000000 | usd | |
| us-gaap |
Interest Paid Net
InterestPaidNet
|
75000000 | usd | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
6000000 | usd | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-3000000 | usd | |
| us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment | |
| us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Basis of Presentation</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to adopt accounting policies and make estimates and assumptions that affect amounts reported on the interim condensed consolidated financial statements. In applying these policies and estimates, management makes subjective and complex judgments that frequently require assumptions about matters that are inherently uncertain. Many of these policies, estimates and related judgments are common in the insurance and financial services industries; others are specific to the Company’s business and operations. Actual results could differ from these estimates.</span></div> | ||
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Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment | |
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Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
|
31886000000 | usd |
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Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
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31899000000 | usd |
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Policyholder Funds
PolicyholderFunds
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85865000000 | usd |
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Policyholder Funds
PolicyholderFunds
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Variable Income Annuities
VariableIncomeAnnuities
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218000000 | usd |
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Variable Income Annuities
VariableIncomeAnnuities
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152000000 | usd |
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Pension Risk Transfer Annuities
PensionRiskTransferAnnuities
|
22000000 | usd |
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Pension Risk Transfer Annuities
PensionRiskTransferAnnuities
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19000000 | usd |
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Separate Accounts Liability
SeparateAccountsLiability
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Separate Accounts Liability
SeparateAccountsLiability
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Separate Account Assets
SeparateAccountAssets
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Separate Account Assets
SeparateAccountAssets
|
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Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
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| CY2024Q2 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
45000000 | usd |
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Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
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569000000 | usd |
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Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
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8119000000 | usd |
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Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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80581000000 | usd |
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Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
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87131000000 | usd |
| CY2023Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
21000000 | usd |
| CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
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1037000000 | usd |
| CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
7156000000 | usd |
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Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
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Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
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Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
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29459000000 | usd |
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Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
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22143000000 | usd |
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Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
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Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
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Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
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Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
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25431000000 | usd |
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Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
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20639000000 | usd |
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Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
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14633000000 | usd |
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Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
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934000000 | usd |
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Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
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47055000000 | usd |
| CY2024Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
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7185000000 | usd |
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Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
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Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
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585000000 | usd |
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Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
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Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
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Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
|
2179 | |
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Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
|
6512 | |
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Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
|
1347 | |
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Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
|
7038 | |
| CY2024Q2 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
45000000 | usd |
| CY2024Q2 | bhf |
Debt Securities Available For Sale With Allowance For Credit Loss Number Of Positions
DebtSecuritiesAvailableForSaleWithAllowanceForCreditLossNumberOfPositions
|
27 | |
| CY2023Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
21000000 | usd |
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Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
|
19000000 | usd | |
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Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
|
0 | usd | |
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Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
|
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Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
|
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| CY2024Q2 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
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| CY2022Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
7000000 | usd |
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Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
|
7000000 | usd | |
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Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
|
1000000 | usd | |
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Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
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Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
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1000000 | usd | |
| CY2023Q2 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
12000000 | usd |
| bhf |
Debt Securities Available For Sale Writeoff
DebtSecuritiesAvailableForSaleWriteoff
|
1000000 | usd | |
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Debt Securities Available For Sale Writeoff
DebtSecuritiesAvailableForSaleWriteoff
|
7000000 | usd | |
| CY2024Q2 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Debt Securities That Were Temporarily Impaired
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDebtSecuritiesThatWereTemporarilyImpaired
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-7550000000 | usd |
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Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Debt Securities That Were Temporarily Impaired
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDebtSecuritiesThatWereTemporarilyImpaired
|
-6119000000 | usd |
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Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Derivatives
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|
443000000 | usd |
| CY2023Q4 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Derivatives
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDerivatives
|
351000000 | usd |
| CY2024Q2 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Other Investments
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToOtherInvestments
|
-9000000 | usd |
| CY2023Q4 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Other Investments
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToOtherInvestments
|
2000000 | usd |
| CY2024Q2 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Subtotal Of Investment Gains Losses Components
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|
-7116000000 | usd |
| CY2023Q4 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Subtotal Of Investment Gains Losses Components
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|
-5766000000 | usd |
| CY2024Q2 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Allocated From Insurance Liability Loss Recognition
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAllocatedFromInsuranceLiabilityLossRecognition
|
920000000 | usd |
| CY2023Q4 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Allocated From Insurance Liability Loss Recognition
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAllocatedFromInsuranceLiabilityLossRecognition
|
652000000 | usd |
| CY2024Q2 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Deferred Income Tax Benefit Expense
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDeferredIncomeTaxBenefitExpense
|
1301000000 | usd |
| CY2023Q4 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Deferred Income Tax Benefit Expense
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDeferredIncomeTaxBenefitExpense
|
1074000000 | usd |
| CY2024Q2 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLoss
|
-4895000000 | usd |
| CY2023Q4 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLoss
|
-4040000000 | usd |
| CY2023Q4 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Attributable To Company
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAttributableToCompany
|
-4040000000 | usd |
| bhf |
Changes In Net Unrealized Investment Gains Losses Related To Unrealized Investment Gains Losses During Period
ChangesInNetUnrealizedInvestmentGainsLossesRelatedToUnrealizedInvestmentGainsLossesDuringPeriod
|
-1350000000 | usd | |
| bhf |
Changes In Net Unrealized Investment Gains Losses Related To Insurance Liability Gain Loss Recognition
ChangesInNetUnrealizedInvestmentGainsLossesRelatedToInsuranceLiabilityGainLossRecognition
|
268000000 | usd | |
| bhf |
Income Tax Expense On Change In Unrealized Gain Or Loss
IncomeTaxExpenseOnChangeInUnrealizedGainOrLoss
|
-227000000 | usd | |
| CY2024Q2 | bhf |
Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Attributable To Company
NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAttributableToCompany
|
-4895000000 | usd |
| bhf |
Changes In Net Unrealized Investment Gains Losses Attributable To Company
ChangesInNetUnrealizedInvestmentGainsLossesAttributableToCompany
|
-855000000 | usd | |
| CY2024Q2 | us-gaap |
Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount
TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount
|
3279000000 | usd |
| CY2023Q4 | us-gaap |
Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount
TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount
|
3277000000 | usd |
| CY2024Q2 | bhf |
Securities Lending Reinvestment Portfolio Estimated Fair Value
SecuritiesLendingReinvestmentPortfolioEstimatedFairValue
|
3260000000 | usd |
| CY2023Q4 | bhf |
Securities Lending Reinvestment Portfolio Estimated Fair Value
SecuritiesLendingReinvestmentPortfolioEstimatedFairValue
|
3246000000 | usd |
| CY2024Q2 | us-gaap |
Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount
TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount
|
3279000000 | usd |
| CY2023Q4 | us-gaap |
Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount
TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount
|
3277000000 | usd |
| CY2024Q2 | us-gaap |
Securities Loaned Not Subject To Master Netting Arrangement
SecuritiesLoanedNotSubjectToMasterNettingArrangement
|
606000000 | usd |
| CY2024Q2 | bhf |
Percentageof Reinvestment Portfolio Invested In Liquid Assets
PercentageofReinvestmentPortfolioInvestedInLiquidAssets
|
0.53 | |
| CY2024Q2 | us-gaap |
Deposit Assets
DepositAssets
|
6150000000 | usd |
| CY2023Q4 | us-gaap |
Deposit Assets
DepositAssets
|
8593000000 | usd |
| CY2024Q2 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
7207000000 | usd |
| CY2023Q4 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
7142000000 | usd |
| CY2024Q2 | bhf |
Invested Assets Pledged As Collateral
InvestedAssetsPledgedAsCollateral
|
13473000000 | usd |
| CY2023Q4 | bhf |
Invested Assets Pledged As Collateral
InvestedAssetsPledgedAsCollateral
|
13979000000 | usd |
| CY2024Q2 | bhf |
Invested Assets On Deposit Held In Trust And Pledged As Collateral
InvestedAssetsOnDepositHeldInTrustAndPledgedAsCollateral
|
26830000000 | usd |
| CY2023Q4 | bhf |
Invested Assets On Deposit Held In Trust And Pledged As Collateral
InvestedAssetsOnDepositHeldInTrustAndPledgedAsCollateral
|
29714000000 | usd |
| CY2024Q2 | us-gaap |
Gross Investment Income Operating
GrossInvestmentIncomeOperating
|
1394000000 | usd |
| CY2023Q2 | us-gaap |
Gross Investment Income Operating
GrossInvestmentIncomeOperating
|
1288000000 | usd |
| us-gaap |
Gross Investment Income Operating
GrossInvestmentIncomeOperating
|
2734000000 | usd | |
| us-gaap |
Gross Investment Income Operating
GrossInvestmentIncomeOperating
|
2438000000 | usd | |
| CY2024Q2 | us-gaap |
Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
|
87000000 | usd |
| CY2023Q2 | us-gaap |
Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
|
92000000 | usd |
| us-gaap |
Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
|
173000000 | usd | |
| us-gaap |
Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
|
183000000 | usd | |
| CY2024Q2 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
1307000000 | usd |
| CY2023Q2 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
1196000000 | usd |
| us-gaap |
Net Investment Income
NetInvestmentIncome
|
2561000000 | usd | |
| us-gaap |
Net Investment Income
NetInvestmentIncome
|
2255000000 | usd | |
| CY2024Q2 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-120000000 | usd |
| CY2023Q2 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-64000000 | usd |
| us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-162000000 | usd | |
| us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-160000000 | usd | |
| CY2024Q2 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
1175000000 | usd |
| CY2023Q2 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
505000000 | usd |
| us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
1855000000 | usd | |
| us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
1277000000 | usd | |
| CY2024Q2 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
8000000 | usd |
| CY2023Q2 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
8000000 | usd |
| us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
10000000 | usd | |
| us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
11000000 | usd | |
| CY2024Q2 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
86000000 | usd |
| CY2023Q2 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
56000000 | usd |
| us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
120000000 | usd | |
| us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
129000000 | usd | |
| CY2024Q2 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-78000000 | usd |
| CY2023Q2 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-48000000 | usd |
| us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-110000000 | usd | |
| us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-118000000 | usd | |
| CY2024Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
197677000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
3306000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
4129000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
173236000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
3714000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
5088000000 | usd |
| CY2024Q2 | us-gaap |
Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
|
-7000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
2000000 | usd |
| CY2024Q2 | bhf |
Gains Losses Deferred In Accumulated Other Comprehensive Income Loss On Derivatives Effective Portion
GainsLossesDeferredInAccumulatedOtherComprehensiveIncomeLossOnDerivativesEffectivePortion
|
44000000 | usd |
| CY2023Q2 | us-gaap |
Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
|
-11000000 | usd |
| CY2023Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | usd |
| CY2023Q2 | bhf |
Gains Losses Deferred In Accumulated Other Comprehensive Income Loss On Derivatives Effective Portion
GainsLossesDeferredInAccumulatedOtherComprehensiveIncomeLossOnDerivativesEffectivePortion
|
-50000000 | usd |
| us-gaap |
Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
|
-11000000 | usd | |
| us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
4000000 | usd | |
| bhf |
Gains Losses Deferred In Accumulated Other Comprehensive Income Loss On Derivatives Effective Portion
GainsLossesDeferredInAccumulatedOtherComprehensiveIncomeLossOnDerivativesEffectivePortion
|
97000000 | usd | |
| us-gaap |
Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
|
-1000000 | usd | |
| us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | usd | |
| bhf |
Gains Losses Deferred In Accumulated Other Comprehensive Income Loss On Derivatives Effective Portion
GainsLossesDeferredInAccumulatedOtherComprehensiveIncomeLossOnDerivativesEffectivePortion
|
-90000000 | usd | |
| CY2024Q2 | bhf |
Derivative Aoci Associated With Cash Flow Hedges Pre Tax
DerivativeAOCIAssociatedWithCashFlowHedgesPreTax
|
443000000 | usd |
| CY2023Q4 | bhf |
Derivative Aoci Associated With Cash Flow Hedges Pre Tax
DerivativeAOCIAssociatedWithCashFlowHedgesPreTax
|
351000000 | usd |
| CY2024Q2 | us-gaap |
Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
|
20000000 | usd |
| CY2024Q2 | us-gaap |
Credit Derivative Maximum Exposure Undiscounted
CreditDerivativeMaximumExposureUndiscounted
|
1096000000 | usd |
| us-gaap |
Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
|
P3Y4M24D | ||
| CY2023Q4 | us-gaap |
Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
|
27000000 | usd |
| CY2023Q4 | us-gaap |
Credit Derivative Maximum Exposure Undiscounted
CreditDerivativeMaximumExposureUndiscounted
|
1405000000 | usd |
| CY2023 | us-gaap |
Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
|
P3Y10M24D | |
| CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
3105000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
|
2480000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
|
453000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
172000000 | usd |
| CY2024Q2 | bhf |
Derivative Asset Collateral Obligation To Return Securities Offset
DerivativeAssetCollateralObligationToReturnSecuritiesOffset
|
107000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
|
65000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
4033000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
|
2480000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
|
0 | usd |
| CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
1553000000 | usd |
| CY2024Q2 | bhf |
Derivative Liability Collateral Right To Reclaim Securities Offset
DerivativeLiabilityCollateralRightToReclaimSecuritiesOffset
|
1544000000 | usd |
| CY2024Q2 | us-gaap |
Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
|
9000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
3506000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
|
3112000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
|
164000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
230000000 | usd |
| CY2023Q4 | bhf |
Derivative Asset Collateral Obligation To Return Securities Offset
DerivativeAssetCollateralObligationToReturnSecuritiesOffset
|
194000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
|
36000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
4925000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
|
3112000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
|
8000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
1805000000 | usd |
| CY2023Q4 | bhf |
Derivative Liability Collateral Right To Reclaim Securities Offset
DerivativeLiabilityCollateralRightToReclaimSecuritiesOffset
|
1805000000 | usd |
| CY2023Q4 | us-gaap |
Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
|
0 | usd |
| CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
70100 | shares |
| CY2024Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
70100 | shares |
| CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
70100 | shares |
| CY2024Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
70100 | shares |
| CY2024Q2 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
25000000 | usd |
| CY2023Q2 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
25000000 | usd |
| us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
51000000 | usd | |
| us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
51000000 | usd | |
| CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5413000000 | usd |
| CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-90000000 | usd |
| CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
|
19000000 | usd |
| CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-5484000000 | usd |
| CY2024Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-84000000 | usd |
| CY2024Q2 | us-gaap |
Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
|
19000000 | usd |
| CY2024Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-65000000 | usd |
| CY2024Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5419000000 | usd |
| CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5288000000 | usd |
| CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-809000000 | usd |
| CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
|
170000000 | usd |
| CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-5927000000 | usd |
| CY2023Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-57000000 | usd |
| CY2023Q2 | us-gaap |
Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
|
11000000 | usd |
| CY2023Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-46000000 | usd |
| CY2023Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5881000000 | usd |
| CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5246000000 | usd |
| us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-336000000 | usd | |
| us-gaap |
Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
|
70000000 | usd | |
| us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-5512000000 | usd | |
| us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-118000000 | usd | |
| us-gaap |
Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
|
25000000 | usd | |
| us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-93000000 | usd | |
| CY2024Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5419000000 | usd |
| CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-6106000000 | usd |
| us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
163000000 | usd | |
| us-gaap |
Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
|
-34000000 | usd | |
| us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-5977000000 | usd | |
| us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-121000000 | usd | |
| us-gaap |
Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
|
25000000 | usd | |
| us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-96000000 | usd | |
| CY2023Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5881000000 | usd |
| CY2024Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
101000000 | usd |
| CY2023Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
106000000 | usd |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
212000000 | usd | |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
204000000 | usd | |
| CY2024Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
70000000 | usd |
| CY2023Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
79000000 | usd |
| us-gaap |
Professional Fees
ProfessionalFees
|
133000000 | usd | |
| us-gaap |
Professional Fees
ProfessionalFees
|
148000000 | usd | |
| CY2024Q2 | bhf |
Transition Services Agreements
TransitionServicesAgreements
|
5000000 | usd |
| CY2023Q2 | bhf |
Transition Services Agreements
TransitionServicesAgreements
|
8000000 | usd |
| bhf |
Transition Services Agreements
TransitionServicesAgreements
|
12000000 | usd | |
| bhf |
Transition Services Agreements
TransitionServicesAgreements
|
19000000 | usd | |
| CY2024Q2 | us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
13000000 | usd |
| CY2023Q2 | us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
20000000 | usd |
| us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
24000000 | usd | |
| us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
34000000 | usd | |
| CY2024Q2 | us-gaap |
Custody Fees
CustodyFees
|
91000000 | usd |
| CY2023Q2 | us-gaap |
Custody Fees
CustodyFees
|
92000000 | usd |
| us-gaap |
Custody Fees
CustodyFees
|
183000000 | usd | |
| us-gaap |
Custody Fees
CustodyFees
|
184000000 | usd | |
| CY2024Q2 | us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
138000000 | usd |
| CY2023Q2 | us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
143000000 | usd |
| us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
285000000 | usd | |
| us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
280000000 | usd | |
| CY2024Q2 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
38000000 | usd |
| CY2023Q2 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
38000000 | usd |
| us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
76000000 | usd | |
| us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
76000000 | usd | |
| CY2024Q2 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
12000000 | usd |
| CY2023Q2 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
16000000 | usd |
| us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
50000000 | usd | |
| us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
35000000 | usd | |
| CY2024Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
468000000 | usd |
| CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
502000000 | usd |
| us-gaap |
Operating Expenses
OperatingExpenses
|
975000000 | usd | |
| us-gaap |
Operating Expenses
OperatingExpenses
|
980000000 | usd | |
| CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
9000000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-200000000 | usd |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-510000000 | usd | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-725000000 | usd | |
| CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
61956829 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66722046 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
62496801 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
67294437 | shares | |
| CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
298501 | shares |
| CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
| CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
62255330 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
66722046 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
62496801 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
67294437 | shares | |
| CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
| CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.01 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-8.17 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-10.77 | ||
| CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.12 | |
| CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.01 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-8.17 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-10.77 | ||
| CY2024Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
187371 | shares |
| CY2024Q2 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts Period Increase Decrease
PremiumsReceivableAllowanceForDoubtfulAccountsPeriodIncreaseDecrease
|
187000000 | usd |
| CY2024Q2 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
87000000 | usd |
| CY2024Q2 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
1000000 | usd |
| CY2023Q4 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
1000000 | usd |
| CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
| CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
| CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
| CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |
