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Closed Block (Liabilities and Assets) (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Closed Block Liabilities      
Future policy benefits $ 38,521 $ 38,758  
Other policy-related balances 321 321  
Policyholder dividends payable 338 337  
Policyholder dividend obligation 1,546 2,969 $ 2,020
Deferred income tax liability 149 130  
Other liabilities 271 172  
Total closed block liabilities 41,146 42,687  
Assets Designated to the Closed Block      
Fixed maturity securities available-for-sale, at estimated fair value 25,696 27,186  
Equity securities, at estimated fair value 22 24  
Mortgage loans 6,559 6,807  
Policy loans 4,314 4,355  
Real estate and real estate joint ventures 556 559  
Other invested assets 471 468  
Total investments 37,618 39,399  
Cash and cash equivalents 228 0  
Accrued investment income 400 402  
Premiums, reinsurance and other receivables 79 50  
Current income tax recoverable 40 28  
Total assets designated to the closed block 38,365 39,879  
Excess of closed block liabilities over assets designated to the closed block 2,781 2,808  
AOCI:      
Unrealized investment gains (losses), net of income tax 2,460 3,524  
Unrealized gains (losses) on derivatives, net of income tax 12 23  
Allocated to policyholder dividend obligation, net of income tax (1,221) (2,346)  
Total amounts included in AOCI 1,251 1,201  
Maximum future earnings to be recognized from closed block assets and liabilities $ 4,032 $ 4,009