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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 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period $ 2,920 $ 128 $ 138  
F&G Acquisition     2,754  
Assets, Total Gains (Losses) Included in Earnings 1 4 (63) $ 16
Assets, Total Gains (Losses) Included in AOCI 46 0 68 (1)
Assets, Purchases 128 1 220 6
Assets, Sales 1 0 (1) (1)
Assets, Settlements (154) 0 (177) 0
Assets, Net transfer In (Out) of Level 3 (90) 0 (89) (5)
Balance at End of Period 2,850 133 2,850 133
Change in Unrealized Incl in OCI 48   73  
Liabilities        
Balance at Beginning of Period 2,957   0 118
F&G Acquisition     2,857  
Liabilities, Total Gains (Losses) Included in Earnings 209   309  
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 3,166   3,166  
Change in Unrealized Incl in OCI 0   0  
Future policy benefits        
Liabilities        
Balance at Beginning of Period 5   0  
F&G Acquisition     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 2,952   0  
F&G Acquisition     2,852  
Liabilities, Total Gains (Losses) Included in Earnings 209   309  
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 3,161   3,161  
Change in Unrealized Incl in OCI 0   0  
Asset-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 1,016   0  
F&G Acquisition     854  
Assets, Total Gains (Losses) Included in Earnings (1)   (1)  
Assets, Total Gains (Losses) Included in AOCI 11   20  
Assets, Purchases 118   209  
Assets, Sales 1   (1)  
Assets, Settlements (109)   (114)  
Assets, Net transfer In (Out) of Level 3 (90)   (23)  
Balance at End of Period 944   944  
Change in Unrealized Incl in OCI 12   21  
Commercial mortgage-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 26   0  
F&G Acquisition     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 1   1  
Corporates        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 1,264 16 17 17
F&G Acquisition     1,238  
Assets, Total Gains (Losses) Included in Earnings (1) 0 (4) 1
Assets, Total Gains (Losses) Included in AOCI 21 0 47 (1)
Assets, Purchases 3 1 3 6
Assets, Sales 0 0 0 (1)
Assets, Settlements (20) 0 (34) 0
Assets, Net transfer In (Out) of Level 3 0 0 0 (5)
Balance at End of Period 1,267 17 1,267 17
Change in Unrealized Incl in OCI 19   45  
Hybrids        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 4   0  
F&G Acquisition     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 40   0  
F&G Acquisition     38  
Assets, Total Gains (Losses) Included in Earnings 0   0  
Assets, Total Gains (Losses) Included in AOCI 2   4  
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 42   42  
Change in Unrealized Incl in OCI 2   5  
Residential mortgage-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 509   0  
F&G Acquisition     534  
Assets, Total Gains (Losses) Included in Earnings 0   0  
Assets, Total Gains (Losses) Included in AOCI 12   (3)  
Assets, Purchases 5   6  
Assets, Sales 0   0  
Assets, Settlements (25)   (29)  
Assets, Net transfer In (Out) of Level 3 0   (7)  
Balance at End of Period 501   501  
Change in Unrealized Incl in OCI 14   1  
Foreign Governments        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 16   0  
F&G Acquisition     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  
Assets, Total Gains (Losses) Included in Earnings 1   0  
Assets, Total Gains (Losses) Included in AOCI 0   0  
Assets, Purchases 2   2  
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  
Available-for-sale embedded derivative        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 21   0  
F&G Acquisition     20  
Assets, Total Gains (Losses) Included in Earnings 2   3  
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  
Credit linked note        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 23   0  
F&G Acquisition     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   112 120 101
F&G Acquisition     0  
Assets, Total Gains (Losses) Included in Earnings   4 (61) 15
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 $ 116 0 $ 116
Change in Unrealized Incl in OCI     $ 0