Dispositions (Tables)

9 Months Ended

Sep. 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)
	Three Months Ended September 30,			Nine Months Ended September 30,			Three and Nine Months Ended September 30,			Three Months Ended September 30,			Nine Months Ended September 30,
	2018 (1)			2018 (1)			2017 (1)			2017 (2)			2017 (2)
	(In millions)
Premiums
Reinsurance assumed	$	96		$	297		$	70		$	36		$	248
Reinsurance ceded	(3		)	(9		)	(2		)	1			(7		)
Net premiums	$	93		$	288		$	68		$	37		$	241
Universal life and investment-type product policy fees
Reinsurance assumed	$	(4	)	$	(6	)	$	(1	)	$	(1	)	$	(6	)
Reinsurance ceded	(23		)	(67		)	(22		)	(8		)	(55		)
Net universal life and investment-type product policy fees	$	(27	)	$	(73	)	$	(23	)	$	(9	)	$	(61	)
Policyholder benefits and claims
Reinsurance assumed	$	81		$	243		$	55		$	30		$	196
Reinsurance ceded	(5		)	(15		)	(6		)	(3		)	(16		)
Net policyholder benefits and claims	$	76		$	228		$	49		$	27		$	180
Interest credited to policyholder account balances
Reinsurance assumed	$	3		$	10		$	3		$	1		$	10
Reinsurance ceded	(18		)	(53		)	(12		)	(6		)	(42		)
Net interest credited to policyholder account balances	$	(15	)	$	(43	)	$	(9	)	$	(5	)	$	(32	)
Other expenses
Reinsurance assumed	$	15		$	80		$	6		$	4		$	10
Reinsurance ceded	(4		)	(22		)	(7		)	(3		)	(28		)
Net other expenses	$	11		$	58		$	(1	)	$	1		$	(18	)

Disposal Groups, Including Discontinued Operations [Table Text Block]

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

	Three Months Ended September 30,			Nine Months Ended September 30,
	2017
	(In millions)
Revenues
Premiums	$	116		$	820
Universal life and investment-type product policy fees	320			2,201
Net investment income	243			1,783
Other revenues	27			150
Total net investment gains (losses)	1			(50		)
Net derivative gains (losses)	(171		)	(1,061		)
Total revenues	536			3,843
Expenses
Policyholder benefits and claims	335			2,217
Interest credited to policyholder account balances	89			620
Policyholder dividends	2			16
Other expenses	108			853
Total expenses	534			3,706
Income (loss) from discontinued operations before provision for income tax and loss on disposal of discontinued operations	2			137
Provision for income tax expense (benefit)	(10		)	(48		)
Income (loss) from discontinued operations before loss on disposal of discontinued operations, net of income tax	12			185
Transaction costs associated with the Separation, net of income tax	(25		)	(216		)
Tax charges associated with the Separation	(955		)	(955		)
Income (loss) on disposal of discontinued operations, net of income tax	(980		)	(1,171		)
Income (loss) from discontinued operations, net of income tax	$	(968	)	$	(986	)

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.

	Nine Months Ended September 30, 2017
	(In millions)
Net cash provided by (used in):
Operating activities	$	1,329
Investing activities	$	(2,732	)
Financing activities	$	(367	)