Dispositions (Tables)

6 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Effects of Reinsurance [Table Text Block]

Information regarding the significant effects of reinsurance transactions with Brighthouse was as follows:

	Included on Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)			Excluded from Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)			Included on Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)			Excluded from Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
	(In millions)
Premiums
Reinsurance assumed	$	105		$	115		$	201		$	212
Reinsurance ceded	(3		)	(4		)	(6		)	(7		)
Net premiums	$	102		$	111		$	195		$	205
Universal life and investment-type product policy fees
Reinsurance assumed	$	(3	)	$	(1	)	$	(2	)	$	(5	)
Reinsurance ceded	(20		)	(22		)	(44		)	(46		)
Net universal life and investment-type product policy fees	$	(23	)	$	(23	)	$	(46	)	$	(51	)
Policyholder benefits and claims
Reinsurance assumed	$	84		$	91		$	162		$	166
Reinsurance ceded	—			(6		)	(10		)	(12		)
Net policyholder benefits and claims	$	84		$	85		$	152		$	154
Interest credited to policyholder account balances
Reinsurance assumed	$	3		$	4		$	7		$	8
Reinsurance ceded	(17		)	(18		)	(35		)	(36		)
Net interest credited to policyholder account balances	$	(14	)	$	(14	)	$	(28	)	$	(28	)
Other expenses
Reinsurance assumed	$	31		$	36		$	65		$	6
Reinsurance ceded	(4		)	(4		)	(18		)	(25		)
Net other expenses	$	27		$	32		$	47		$	(19	)

Information regarding the significant effects of reinsurance transactions with Brighthouse included on the interim condensed consolidated balance sheets was as follows at:

	June 30, 2018					December 31, 2017
	Assumed		Ceded			Assumed		Ceded
	(In millions)
Assets
Premiums, reinsurance and other receivables	$	157	$	1,788		$	167	$	1,793
Deferred policy acquisition costs and value of business acquired	381		(40		)	384		(40		)
Total assets	$	538	$	1,748		$	551	$	1,753
Liabilities
Future policy benefits	$	1,842	$	—		$	1,734	$	—
Other policy-related balances	120		22			119		28
Other liabilities	1,446		16			1,458		19
Total liabilities	$	3,408	$	38		$	3,311	$	47

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following table presents the amounts related to the operations of Brighthouse that have been reflected in discontinued operations:

	Three Months Ended June 30,			Six Months Ended June 30,
	2017
	(In millions)
Revenues
Premiums	$	355		$	705
Universal life and investment-type product policy fees	938			1,880
Net investment income	766			1,541
Other revenues	90			122
Total net investment gains (losses)	—			(50		)
Net derivative gains (losses)	(190		)	(890		)
Total revenues	1,959			3,308
Expenses
Policyholder benefits and claims	881			1,883
Interest credited to policyholder account balances	270			531
Policyholder dividends	7			14
Other expenses	776			1,037
Total expenses	1,934			3,465
Income (loss) from discontinued operations before provision for income tax	25			(157		)
Provision for income tax expense (benefit)	(33		)	(139		)
Income (loss) from discontinued operations, net of income tax	$	58		$	(18	)

In the interim condensed consolidated statements of cash flows, the cash flows from discontinued operations are not separately classified. The following table presents selected financial information regarding cash flows of the discontinued operations.

	Six Months Ended June 30, 2017
	(In millions)
Net cash provided by (used in):
Operating activities	$	1,310
Investing activities	$	(2,288	)
Financing activities	$	195