XML 171 R146.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value (Unobservable Input Reconciliation) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Residential mortgage loans - FVO      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, $ 188 $ 299  
Total realized/unrealized gains (losses) included in net income (loss) 9 7 $ 7
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases 0 0  
Sales (13) (87)  
Issuances 0 0  
Settlements (19) (31)  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Balance at December 31, 165 188 299
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 3 (14) (15)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 3 (14) (15)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Net Derivatives      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 67 (129) (59)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 579    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Balance at January 1, (146) (225)  
Total realized/unrealized gains (losses) included in net income (loss) 279 (108) (161)
Total realized/unrealized gains (losses) included in AOCI 761 157 (140)
Purchases 4 4  
Sales 0 0  
Issuances (2) (2)  
Settlements (296) 29  
Transfers into Level 3 0 (1)  
Transfers out of Level 3 (6) 0  
Balance at December 31, 594 (146) (225)
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 67 (129) (59)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 579    
Net Embedded Derivatives      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (124) 264 (150)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period (33)    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Balance at January 1, (742) (739)  
Total realized/unrealized gains (losses) included in net income (loss) (110) 274 (150)
Total realized/unrealized gains (losses) included in AOCI (34) (2) (15)
Purchases 0 0  
Sales 0 0  
Issuances 0 0  
Settlements (255) (275)  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Balance at December 31, (1,141) (742) (739)
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (124) 264 (150)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period (33)    
Corporate fixed maturity securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, 14,229 10,467  
Total realized/unrealized gains (losses) included in net income (loss) (88) (49) 9
Total realized/unrealized gains (losses) included in AOCI 1,774 893 (745)
Purchases 5,013 3,689  
Sales (1,107) (870)  
Issuances 0 0  
Settlements 0 0  
Transfers into Level 3 4,985 606  
Transfers out of Level 3 (705) (507)  
Balance at December 31, 24,101 14,229 10,467
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (48) (50) 1
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 1,754    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (48) (50) 1
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 1,754    
Corporate fixed maturity securities | Metropolitan Property And Casualty Insurance Company [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Transfers out of Level 3 137    
Foreign government      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, 117 138  
Total realized/unrealized gains (losses) included in net income (loss) (2) 0 3
Total realized/unrealized gains (losses) included in AOCI (1) (2) (14)
Purchases 29 10  
Sales (8) (24)  
Issuances 0 0  
Settlements 0 0  
Transfers into Level 3 6 20  
Transfers out of Level 3 (24) (25)  
Balance at December 31, 117 117 138
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (1) 0 1
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period (1)    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (1) 0 1
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period (1)    
Structured Securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, 4,458 4,266  
Total realized/unrealized gains (losses) included in net income (loss) 49 46 82
Total realized/unrealized gains (losses) included in AOCI 41 42 (23)
Purchases 1,975 1,338  
Sales (918) (737)  
Issuances 0 0  
Settlements 0 0  
Transfers into Level 3 127 0  
Transfers out of Level 3 (443) (497)  
Balance at December 31, 5,289 4,458 4,266
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 54 44 70
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 47    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 54 44 70
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 47    
Structured Securities | Metropolitan Property And Casualty Insurance Company [Member]      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Transfers out of Level 3 29    
Municipals      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, 7 0  
Total realized/unrealized gains (losses) included in net income (loss) 0 0 0
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases 0 7  
Sales 0 0  
Issuances 0 0  
Settlements 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 (7) 0  
Balance at December 31, 0 7 0
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Equity securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, 430 419  
Total realized/unrealized gains (losses) included in net income (loss) 12 47 (36)
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases 11 65  
Sales (156) (98)  
Issuances 0 0  
Settlements 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 (147) (3)  
Balance at December 31, 150 430 419
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 2 39 (26)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 2 39 (26)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Unit-linked and FVO Securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, 625 405  
Total realized/unrealized gains (losses) included in net income (loss) 67 48 6
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases 47 203  
Sales (101) (39)  
Issuances 0 0  
Settlements 0 0  
Transfers into Level 3 154 20  
Transfers out of Level 3 (91) (12)  
Balance at December 31, 701 625 405
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 69 48 8
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 69 48 8
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Short-term Investments      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, 32 33  
Total realized/unrealized gains (losses) included in net income (loss) (7) 0 (1)
Total realized/unrealized gains (losses) included in AOCI 4 (1) (1)
Purchases 38 31  
Sales (17) (33)  
Issuances 0 0  
Settlements 0 0  
Transfers into Level 3 9 2  
Transfers out of Level 3 (16) 0  
Balance at December 31, 43 32 33
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (7) 0 (1)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 4    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (7) 0 (1)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 4    
Other Investments      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, 455 39  
Total realized/unrealized gains (losses) included in net income (loss) 19 0 0
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases 99 416  
Sales 0 0  
Issuances 0 0  
Settlements 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Balance at December 31, 573 455 39
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 24 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 24 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Separate Accounts      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at January 1, 980 937  
Total realized/unrealized gains (losses) included in net income (loss) (5) 7 7
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases 270 191  
Sales (159) (151)  
Issuances (4) (3)  
Settlements 1 2  
Transfers into Level 3 1 0  
Transfers out of Level 3 (5) (3)  
Balance at December 31, 1,079 980 937
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 $ 0 $ 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period $ 0