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Deferred Policy Acquisition Costs - Progression of deferred policy acquisition costs (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Movement Analysis of Deferred Policy Acquisition Costs and Present Value of Future Profits [Roll Forward]        
Deferred policy acquisition costs and present value of future profits, beginning balance $ 1,573 $ 1,447 $ 1,037 $ 1,682
Deferred policy acquisition costs and present value of future profits, additions 178 250 386 502
Deferred policy acquisition costs and present value of future profits, periodic amortization (112) (200) (385) (395)
Deferred policy acquisition costs and present value of future profits, change included in realized gains (1) 1 9 3
Deferred policy acquisition costs and present value of future profits, foreign currency translation (2) (1) (2) 0
Deferred policy acquisition costs and present value of future profits, change in unrealized (818) (294) (227) (589)
Deferred policy acquisition costs and present value of future profits, ending balance 818 1,203 818 1,203
P&C        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
Deferred policy acquisition costs, beginning balance 310 312 322 299
Deferred policy acquisition costs, additions 148 194 306 381
Deferred policy acquisition costs, periodic amortization (160) (175) (330) (350)
Deferred policy acquisition costs, foreign currency translation (2) (1) (2) 0
Deferred policy acquisition costs, ending balance 296 330 296 330
Annuity and Other        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
Deferred policy acquisition costs, beginning balance 1,264 1,336 1,303 1,285
Deferred policy acquisition costs, additions 30 56 79 120
Deferred policy acquisition costs, periodic amortization 50 (19) (48) (34)
Deferred policy acquisition costs, change included in realized gains (2) 0 8 2
Deferred policy acquisition costs, ending balance 1,342 1,373 1,342 1,373
Movement in Deferred Sales Inducements [Roll Forward]        
Deferred sales inducements, beginning balance 73 84 75 86
Deferred sales inducements, additions 0 0 1 1
Deferred sales inducements, periodic amortization (1) (4) (4) (7)
Deferred sales inducements, change included in realized gains 1 1 1 1
Deferred sales inducements, ending balance 73 81 73 81
Movement in Present Value of Future Insurance Profits [Roll Forward]        
Present value of future profits, beginning balance 34 40 36 42
Present value of future profits, periodic amortization (1) (2) (3) (4)
Present value of future profits, ending balance 33 38 33 38
Movement in Unrealized Gains (Losses) Related to Deferred Policy Acquisition Costs and Present Value of Future Profits [Roll Forward]        
Unrealized investment gains (losses), beginning balance [1] (108) (325) (699) (30)
Unrealized investment gains (losses), change in unrealized [1] (818) (294) (227) (589)
Unrealized investment gains (losses), ending balance [1] (926) (619) (926) (619)
Movement Analysis of Deferred Policy Acquisition Costs and Present Value of Future Profits [Roll Forward]        
Deferred policy acquisition costs and present value of future profits, beginning balance 1,263 1,135 715 1,383
Deferred policy acquisition costs and present value of future profits, additions 30 56 80 121
Deferred policy acquisition costs and present value of future profits, periodic amortization 48 (25) (55) (45)
Deferred policy acquisition costs and present value of future profits, change included in realized gains (1) 1 9 3
Deferred policy acquisition costs and present value of future profits, change in unrealized (818) (294) (227) (589)
Deferred policy acquisition costs and present value of future profits, ending balance 522 873 522 873
Excluding Unrealized Gains | Annuity and Other        
Movement Analysis of Deferred Policy Acquisition Costs and Present Value of Future Profits [Roll Forward]        
Deferred policy acquisition costs and present value of future profits, beginning balance 1,371 1,460 1,414 1,413
Deferred policy acquisition costs and present value of future profits, change in unrealized 0 0 0 0
Deferred policy acquisition costs and present value of future profits, ending balance $ 1,448 $ 1,492 $ 1,448 $ 1,492
[1] Adjustments to DPAC related to net unrealized gains/losses on securities and cash flow hedges.