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Fair Value of Financial Instruments - Changes to Fair Value of Financial Instruments Level 3 (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period $ 15 $ 125 $ 138  
F&G Acquisition 2,754   2,754  
Assets, Total Gains (Losses) Included in Earnings 0 5 (64) $ 12
Assets, Total Gains (Losses) Included in AOCI 22 0 22 (1)
Assets, Purchases 92 0 92 5
Assets, Sales 0 0 0 (1)
Assets, Settlements (23) 0 (23) 0
Assets, Net transfer In (Out) of Level 3 60 (2) 1 (5)
Balance at End of Period 2,920 128 2,920 128
Change in Unrealized Incl in OCI 25   25  
Liabilities        
Balance at Beginning of Period 0   0 118
F&G Acquisition 2,857   2,857  
Liabilities, Total Gains (Losses) Included in Earnings 100   100  
Liabilities, Total Gains (Losses) Included in AOCI 0   0  
Liabilities, Purchases 0   0  
Liabilities, Sales 0   0  
Liabilities, Settlements 0   0  
Liabilities, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 2,957   2,957  
Change in Unrealized Incl in OCI     0  
Future policy benefits        
Liabilities        
Balance at Beginning of Period 0   0  
F&G Acquisition 5   5  
Liabilities, Total Gains (Losses) Included in Earnings 0   0  
Liabilities, Total Gains (Losses) Included in AOCI 0   0  
Liabilities, Purchases 0   0  
Liabilities, Sales 0   0  
Liabilities, Settlements 0   0  
Liabilities, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 5   5  
Change in Unrealized Incl in OCI 0   0  
FIA embedded derivatives, included in contractholder funds        
Liabilities        
Balance at Beginning of Period 0   0  
F&G Acquisition 2,852   2,852  
Liabilities, Total Gains (Losses) Included in Earnings 100   100  
Liabilities, Total Gains (Losses) Included in AOCI 0   0  
Liabilities, Purchases 0   0  
Liabilities, Sales 0   0  
Liabilities, Settlements 0   0  
Liabilities, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 2,952   2,952  
Change in Unrealized Incl in OCI 0   0  
Asset-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 0   0  
F&G Acquisition 854   854  
Assets, Total Gains (Losses) Included in Earnings 0   0  
Assets, Total Gains (Losses) Included in AOCI 9   9  
Assets, Purchases 91   91  
Assets, Sales 0   0  
Assets, Settlements (5)   (5)  
Assets, Net transfer In (Out) of Level 3 67   67  
Balance at End of Period 1,016   1,016  
Change in Unrealized Incl in OCI 9   9  
Commercial mortgage-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 0   0  
F&G Acquisition 26   26  
Assets, Total Gains (Losses) Included in Earnings 0   0  
Assets, Total Gains (Losses) Included in AOCI 0   0  
Assets, Purchases 0   0  
Assets, Sales 0   0  
Assets, Settlements 0   0  
Assets, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 26   26  
Change in Unrealized Incl in OCI 0   0  
Corporates        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 14 18 17 17
F&G Acquisition 1,238   1,238  
Assets, Total Gains (Losses) Included in Earnings 0 0 (3) 1
Assets, Total Gains (Losses) Included in AOCI 26 0 26 (1)
Assets, Purchases 0 0 0 5
Assets, Sales 0 0 0 (1)
Assets, Settlements (14) 0 (14) 0
Assets, Net transfer In (Out) of Level 3 0 (2) 0 (5)
Balance at End of Period 1,264 16 1,264 16
Change in Unrealized Incl in OCI 26   26  
Hybrids        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 0   0  
F&G Acquisition 4   4  
Assets, Total Gains (Losses) Included in Earnings 0   0  
Assets, Total Gains (Losses) Included in AOCI 0   0  
Assets, Purchases 0   0  
Assets, Sales 0   0  
Assets, Settlements 0   0  
Assets, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 4   4  
Change in Unrealized Incl in OCI 0   0  
Municipals        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 0   0  
F&G Acquisition 38   38  
Assets, Total Gains (Losses) Included in Earnings 0   0  
Assets, Total Gains (Losses) Included in AOCI 2   2  
Assets, Purchases 0   0  
Assets, Sales 0   0  
Assets, Settlements 0   0  
Assets, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 40   40  
Change in Unrealized Incl in OCI 3   3  
Residential mortgage-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 0   0  
F&G Acquisition 534   534  
Assets, Total Gains (Losses) Included in Earnings 0   0  
Assets, Total Gains (Losses) Included in AOCI (15)   (15)  
Assets, Purchases 1   1  
Assets, Sales 0   0  
Assets, Settlements (4)   (4)  
Assets, Net transfer In (Out) of Level 3 (7)   (7)  
Balance at End of Period 509   509  
Change in Unrealized Incl in OCI (13)   (13)  
Foreign Governments        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 0   0  
F&G Acquisition 16   16  
Assets, Total Gains (Losses) Included in Earnings 0   0  
Assets, Total Gains (Losses) Included in AOCI 0   0  
Assets, Purchases 0   0  
Assets, Sales 0   0  
Assets, Settlements 0   0  
Assets, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 16   16  
Change in Unrealized Incl in OCI 0   0  
Equity securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 1   1  
F&G Acquisition 1   1  
Assets, Total Gains (Losses) Included in Earnings (1)   (1)  
Assets, Total Gains (Losses) Included in AOCI 0   0  
Assets, Purchases 0   0  
Assets, Sales 0   0  
Assets, Settlements 0   0  
Assets, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 1   1  
Change in Unrealized Incl in OCI 0   0  
Available-for-sale embedded derivative        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 0   0  
F&G Acquisition 20   20  
Assets, Total Gains (Losses) Included in Earnings 1   1  
Assets, Total Gains (Losses) Included in AOCI 0   0  
Assets, Purchases 0   0  
Assets, Sales 0   0  
Assets, Settlements 0   0  
Assets, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 21   21  
Change in Unrealized Incl in OCI 0   0  
Credit linked note        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 0   0  
F&G Acquisition 23   23  
Assets, Total Gains (Losses) Included in Earnings 0   0  
Assets, Total Gains (Losses) Included in AOCI 0   0  
Assets, Purchases 0   0  
Assets, Sales 0   0  
Assets, Settlements 0   0  
Assets, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 23   23  
Change in Unrealized Incl in OCI 0   0  
Other long-term investments        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period   107 120 101
F&G Acquisition     0  
Assets, Total Gains (Losses) Included in Earnings   5 (61) 11
Assets, Total Gains (Losses) Included in AOCI   0 0 0
Assets, Purchases   0 0 0
Assets, Sales   0 0 0
Assets, Settlements   0 0 0
Assets, Net transfer In (Out) of Level 3   0 (59) 0
Balance at End of Period $ 0 $ 112 0 $ 112
Change in Unrealized Incl in OCI     $ 0