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Significant Accounting Policies and Pronouncements Significant Accounting Policies and Pronouncements (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Summary of Transition Impact
(1) Cumulative Effect Adjustment Upon Adoption
Summary of Transition Impact on the Consolidated Statements of Financial Position
Upon Adoption on January 1, 2020
 
Increase/(Decrease)
 
(in millions)
Fixed maturities, held-to-maturity
$
(9
)
Commercial mortgage and other loans
(115
)
Other invested assets
(1
)
Deferred policy acquisition costs
9

Other assets
(6
)
Total assets
$
(122
)
 
 
Policyholders' dividends
$
(14
)
Other liabilities
21

Income taxes
(30
)
Total liabilities
(23
)
 
 
Retained earnings
(99
)
Total equity
(99
)
Total liabilities and equity
$
(122
)