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Income Taxes - Reconciliation of income taxes at the statutory rate to the provision for income taxes (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Effective Income Tax Rate Reconciliation, Amount [Abstract]        
Earnings (loss) before income taxes (“EBT”) $ 218 $ 259 $ (170) $ 672
Income taxes at statutory rate 45 54 (36) 141
Effect of tax exempt interest (3) (3) (6) (7)
Effect of stock-based compensation 0 (2) (4) (4)
Effect of dividends received deduction 0 (1) (1) (2)
Effect of employee stock ownership plan dividend paid deduction 0 (1) 0 (1)
Effect of change in valuation allowance 9 1 11 3
Effect of nondeductible expenses 0 2 2 4
Effect of foreign operations 0 0 1 0
Effect of other income tax reconciliation 0 0 0 3
Provision for income taxes as shown on the Statement of Earnings $ 51 $ 50 $ (33) $ 137
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
Income taxes at statutory rate as a percentage of EBT 21.00% 21.00% 21.00% 21.00%
Effect of tax exempt interest as a percentage of EBT (1.00%) (1.00%) 4.00% (1.00%)
Effect of stock-based compensation as a percentage of EBT 0.00% (1.00%) 2.00% (1.00%)
Effect of dividends received deduction as a percentage of EBT 0.00% 0.00% 1.00% 0.00%
Effect of dividends received deduction as a percentage of EBT 0.00% 0.00% 0.00% 0.00%
Effect of change in valuation allowance as a percentage of EBT 4.00% 0.00% (6.00%) 0.00%
Effect of nondeductible expenses as a percentage of EBT 0.00% 1.00% (1.00%) 1.00%
Effect of foreign operations as a percentage of EBT 0.00% 0.00% (1.00%) 0.00%
Effect of other income tax reconciliation as a percentage of EBT (1.00%) (1.00%) (1.00%) 0.00%
Provision for income taxes as shown on the Statement of Earnings as a percentage of EBT 23.00% 19.00% 19.00% 20.00%