XML 57 R36.htm IDEA: XBRL DOCUMENT v3.20.1
Significant Accounting Policies and Pronouncements (Summary of Transition Impact) (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Jan. 01, 2020
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Fixed maturities, held-to-maturity [2] $ 1,895 [1]   $ 1,933    
Commercial mortgage and other loans [2] 63,559 [1]   63,559    
Other invested assets [2] 18,071 [1]   15,606    
Deferred policy acquisition costs 19,738 [1]   19,912    
Other assets [2] 20,694 [1]   20,832    
Total Assets 873,712   896,552    
Policyholders’ dividends 6,396 [1]   6,988    
Other liabilities [2] 17,853 [1]   20,802    
Income taxes 11,117 [1]   11,378    
Total liabilities 812,640   832,833    
Retained earnings 32,176   32,991    
Total equity 61,072   63,719 $ 55,450 $ 49,031
Total liabilities and equity $ 873,712   $ 896,552    
Restatement Adjustment | ASU 2016-13          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
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)      
[1]
March 31, 2020 amounts include the impacts of the January 1, 2020 adoption of ASU 2016-13. See Note 2 for details.
[2]
See Note 4 for details of balances associated with variable interest entities.