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CLOSED BLOCK - Closed Block Summarized Financial Information (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Closed Block Liabilities:    
Future policy benefits, policyholders’ account balances and other $ 6,404 $ 6,478
Policyholder dividend obligation 0 2
Other liabilities 76 38
Total Closed Block liabilities 6,480 6,518
Assets Designated to the Closed Block:    
Fixed maturities available-for-sale, at fair value, net of allowance for credit losses of $0 and $0 (amortized cost of $3,557 and $3,558) 3,684 3,754
Mortgage loans on real estate, net of allowance for credit losses of $4 and $0 1,742 1,759
Policy loans 676 706
Cash and other invested assets 112 82
Other assets 133 145
Total assets designated to the Closed Block 6,347 6,446
Excess of Closed Block liabilities over assets designated to the Closed Block 133 72
Amounts included in accumulated other comprehensive income (loss):    
Net unrealized investment gains (losses), net of policyholders’ dividend obligation: $0 and $(2); and net of income tax: $27 and $41 111 164
Maximum future earnings to be recognized from Closed Block assets and liabilities 244 236
Fixed maturities available-for-sale, allowance for credit losses 0 0
Fixed maturity available for sale, amortized cost 3,557 3,558
Mortgage loans, credit losses 4 0
Policyholder dividend obligation 0 (2)
Closed block operations, income taxes $ 27 $ 41