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Income Taxes - Significant components of deferred tax assets and liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets:    
Federal net operating loss carryforwards $ 15 $ 19
Foreign underwriting losses 6 118
Capital loss carryforwards 7 0
Insurance claims and reserves 840 875
Employee benefits 104 93
Other, net 48 43
Total deferred tax assets before valuation allowance 1,020 1,148
Valuation allowance against deferred tax assets (29) (140)
Total deferred tax assets 991 1,008
Deferred tax liabilities:    
Investment securities (763) (556)
Deferred policy acquisition costs (71) (150)
Insurance claims and reserves transition liability (77) (93)
Real estate, property and equipment (37) (35)
Total deferred tax liabilities (948) (834)
Net deferred tax asset (liability) 43 174
Excluding Unrealized Gains    
Deferred tax assets:    
Federal net operating loss carryforwards 15 19
Foreign underwriting losses 6 118
Capital loss carryforwards 7 0
Insurance claims and reserves 772 829
Employee benefits 104 93
Other, net 50 45
Total deferred tax assets before valuation allowance 954 1,104
Valuation allowance against deferred tax assets (29) (140)
Total deferred tax assets 925 964
Deferred tax liabilities:    
Investment securities (167) (140)
Deferred policy acquisition costs (267) (293)
Insurance claims and reserves transition liability (77) (93)
Real estate, property and equipment (37) (35)
Total deferred tax liabilities (548) (561)
Net deferred tax asset (liability) 377 403
Impact of Unrealized Gains    
Deferred tax assets:    
Federal net operating loss carryforwards 0 0
Foreign underwriting losses 0 0
Capital loss carryforwards 0 0
Insurance claims and reserves 68 46
Employee benefits 0 0
Other, net (2) (2)
Total deferred tax assets before valuation allowance 66 44
Valuation allowance against deferred tax assets 0 0
Total deferred tax assets 66 44
Deferred tax liabilities:    
Investment securities (596) (416)
Deferred policy acquisition costs, impact of unrealized gains (196) (143)
Insurance claims and reserves transition liability 0 0
Real estate, property and equipment 0 0
Total deferred tax liabilities (400) (273)
Net deferred tax asset (liability) $ (334) $ (229)