XML 35 R55.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases
For the years ended December 31, 2019, 2018 and 2017, rent expense for leases was $30, $29 and $34, respectively. Payments under the finance leases were $4. The future net minimum payments under non-cancelable leases are as follows as of December 31, 2019:
 
Operating Leases
 
Finance Leases
2020
$
31

 
$
21

2021
28

 
21

2022
28

 
21

2023
23

 
2

2024
18

 
—

Thereafter
17

 
—

Total undiscounted lease payments
145

 
65

Less: Imputed interest
(26
)
 
(3
)
Total Lease liabilities
$
119

 
$
62
Schedule of Restricted Assets The components of the fair value of the restricted assets were as follows as of December 31, 2019 and 2018:
 
2019
 
2018
Fixed maturity collateral pledged to FHLB(1)
$
1,211

 
$
771

FHLB restricted stock(2)
55

 
50

Other fixed maturities-state deposits
48

 
99

Cash & cash equivalents
12

 
13

Securities pledged(3)
1,408

 
1,462

Total restricted assets
$
2,734

 
$
2,395

(1)Included in Fixed maturities, available-for-sale, at fair value on the Consolidated Balance Sheets.
(2)Included in Other investments on the Consolidated Balance Sheets.
(3) Includes the fair value of loaned securities of $1,159 and $1,237 as of December 31, 2019 and 2018, respectively. In addition, as of December 31, 2019 and 2018, the Company delivered securities as collateral of $183 and $180 and repurchase agreements of $66 and $45, respectively. Loaned securities and securities delivered as collateral are included in Securities pledged on the Consolidated Balance Sheets.