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Value of Business Acquired (Tables)
12 Months Ended
Dec. 31, 2019
Present Value of Future Insurance Profits [Abstract]  
Schedule of Present Value of Future Insurance Profits
The balances of and changes in VOBA as of and for the years ended December 31, are as follows:
 
 
2019
 
2018
 
2017
 
(in millions)
Balance, beginning of period
$
1,850

 
$
1,591

 
$
2,314

Amortization—Impact of assumption and experience unlocking and true-ups
(139
)
 
0

 
(56
)
Amortization—All other
(235
)
 
(276
)
 
(311
)
Change in unrealized investment gains and losses
(478
)
 
455

 
(456
)
Interest
64

 
69

 
75

Foreign currency translation
10

 
23

 
25

Other
38

 
(12
)
 
0

Balance, end of period
$
1,110

 
$
1,850

 
$
1,591



The following table provides VOBA balances for the year ended December 31, 2019.

 
VOBA
Balance
 
(in millions)
CIGNA
$
226

Prudential Annuities Holding Co.
$
32

Gibraltar Life
$
848

Gibraltar BSN Life Berhad
$
4

Aoba Life
$
0

The Hartford Life Business
$
0


Expected Amortization Expense of Ending Value of Future Insurance Profits
The following table provides estimated future amortization, net of interest, for the periods indicated.
 
 
2020
 
2021
 
2022
 
2023
 
2024
 
(in millions)
Estimated future VOBA amortization
$
118

 
$
110

 
$
100

 
$
88

 
$
74


The following table provides estimated future amortization for the periods indicated.

 
 
2020
 
2021
 
2022
 
2023
 
2024
 
 
(in millions)
Estimated future amortization expense of other intangibles
 
$
70

 
$
65

 
$
57

 
$
41

 
$
34