XML 201 R97.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Closed Block (Liabilities and Assets) (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Closed Block Liabilities        
Future policy benefits $ 39,379 $ 40,032    
Other policy-related balances 423 317    
Policyholder dividends payable 432 431    
Policyholder dividend obligation 2,020 428 $ 2,121 $ 1,931
Deferred income tax liability 79 28    
Other liabilities 81 328    
Total closed block liabilities 42,414 41,564    
Assets Designated to the Closed Block        
Fixed maturity securities available-for-sale, at estimated fair value 25,977 25,354    
Equity securities, at estimated fair value 49 61    
Contractholder-directed equity securities and fair value option securities, at estimated fair value 53 43    
Mortgage loans 7,052 6,778    
Policy loans 4,489 4,527    
Real estate and real estate joint ventures 544 544    
Other invested assets 314 643    
Total investments 38,478 37,950    
Cash and cash equivalents 448 0    
Accrued investment income 419 443    
Premiums, reinsurance and other receivables 75 83    
Current income tax recoverable 91 69    
Total assets designated to the closed block 39,511 38,545    
Excess of closed block liabilities over assets designated to the closed block 2,903 3,019    
Amounts included in AOCI:        
Unrealized investment gains (losses), net of income tax 2,453 1,089    
Unrealized gains (losses) on derivatives, net of income tax 97 86    
Allocated to policyholder dividend obligation, net of income tax (1,596) (338)    
Total amounts included in AOCI 954 837    
Maximum future earnings to be recognized from closed block assets and liabilities $ 3,857 $ 3,856