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Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Available-for-sale securities    
Available-for-sale securities $ 69,160 $ 67,479
AFS securities allowance for credit losses 140  
Mortgage loans allowance for credit losses 313 11
Mortgage loans 14,591 14,306
Investment funds 156 154
Investment funds 723 750
Funds withheld at interest 48,593 15,181
Short-term Investments 165 596
Other Investments allowance for credit losses 8  
Other investments 949 158
Cash and cash equivalents 7,548 4,240
Accrued investment income 796 807
Reinsurance recoverable 5,104 4,863
Other assets 1,044 1,005
Trading securities 2,069 2,070
Deferred acquisition costs, deferred sales inducements and value of business acquired 5,165 5,008
Interest sensitive contract liabilities 141,207 102,745
Future policy benefits 24,823 23,330
Other policy claims and benefits 118 138
Funds withheld liability 440 408
Other liabilities 1,897 1,181
Accumulated other comprehensive income 2,888 2,281
Related Party    
Available-for-sale securities    
Available-for-sale securities 4,861 3,783
AFS securities allowance for credit losses 2 0
Equity securities 50 64
Mortgage loans allowance for credit losses   0
Mortgage loans 640 653
Investment funds 1,850 819
Investment funds 4,808 3,550
Funds withheld at interest 13,053 13,220
Other Investments allowance for credit losses 5  
Other investments 467 487
Accrued investment income 38 27
Trading securities 1,397 785
Interest sensitive contract liabilities 14,352 15,285
Future policy benefits 1,527 1,302
Other policy claims and benefits 2 13
Other liabilities 92 79
Accumulated other comprehensive income (19) 17
Variable Interest Entities    
Available-for-sale securities    
Mortgage loans 1,879 0
Investment funds 0 19
Cash and cash equivalents 0 3
Other assets 1 20
Trading securities 0 16
Other liabilities 134 0
Variable Interest Entities | Related Party    
Available-for-sale securities    
Equity securities 0 6
Investment funds 0 664
Fair Value    
Available-for-sale securities    
Mortgage loans 15,114 14,719
Investment funds 567 596
Funds withheld at interest 47,334 14,380
Short-term Investments   190
Other investments 852 65
Interest sensitive contract liabilities 96,125 58,027
Funds withheld liability 390 377
Fair Value | Related Party    
Available-for-sale securities    
Mortgage loans 628 641
Investment funds 2,958 2,731
Funds withheld at interest 12,332 12,626
Other investments $ 489 $ 537
Preference Share, Series A    
Available-for-sale securities    
Preferred Stock, Par or Stated Value Per Share $ 1 $ 1
Preferred Stock, Liquidation Preference, Value $ 863 $ 863
Preferred Stock, Shares Authorized 34,500 0.0
Preferred Stock, Shares Issued 34,500 0.0
Preferred Stock, Shares Outstanding 34,500 0.0
Preference Share, Series B    
Available-for-sale securities    
Preferred Stock, Par or Stated Value Per Share $ 1 $ 1
Preferred Stock, Liquidation Preference, Value $ 345 $ 345
Preferred Stock, Shares Authorized 13,800 0.0
Preferred Stock, Shares Issued 13,800 0.0
Preferred Stock, Shares Outstanding 13,800 0.0
Preference Share, Series C    
Available-for-sale securities    
Preferred Stock, Par or Stated Value Per Share $ 1  
Preferred Stock, Liquidation Preference, Value $ 600  
Preferred Stock, Shares Authorized 24,000  
Preferred Stock, Shares Issued 24,000  
Preferred Stock, Shares Outstanding 24,000  
Common Class A    
Available-for-sale securities    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock authorized (in shares) 425,000,000.0 425,000,000.0
Common stock issued (in shares) 191,500,000 143,200,000
Common stock outstanding (in shares) 191,500,000 143,200,000
Common Class B    
Available-for-sale securities    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock authorized (in shares) 0.0 325,000,000.0
Common stock issued (in shares) 0.0 25,400,000
Common stock outstanding (in shares) 0 25,400,000
Common Class M-1    
Available-for-sale securities    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock authorized (in shares) 0.0 7,100,000
Common stock issued (in shares) 0.0 3,300,000
Common stock outstanding (in shares) 0 3,300,000
Common Class M-2    
Available-for-sale securities    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock authorized (in shares) 0.0 5,000,000.0
Common stock issued (in shares) 0.0 800,000
Common stock outstanding (in shares) 0.0 800,000
Common Class M-3    
Available-for-sale securities    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock authorized (in shares) 0.0 7,500,000
Common stock issued (in shares) 0.0 1,000,000.0
Common stock outstanding (in shares) 0.0 1,000,000.0
Common Class M-4    
Available-for-sale securities    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock authorized (in shares) 0.0 7,500,000
Common stock issued (in shares) 0.0 4,000,000.0
Common stock outstanding (in shares) 0.0 4,000,000.0
Recurring    
Available-for-sale securities    
Investment funds   $ 819
Recurring | Fair Value    
Available-for-sale securities    
Equity securities $ 265 247
Mortgage loans 19 27
Investment funds 156 154
Funds withheld at interest 1,259 801
Short-term Investments 165 406
Other investments 109 93
Reinsurance recoverable 2,155 1,821
Trading securities 2,069 2,070
Interest sensitive contract liabilities 13,104 11,992
Future policy benefits 2,354 2,301
Funds withheld liability 50 31
Recurring | Fair Value | Related Party    
Available-for-sale securities    
Equity securities 50 64
Investment funds 1,850 819
Funds withheld at interest 721 594
Trading securities $ 1,397 $ 785