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Deferred Policy Acquisition Costs, Value of Business Acquired and Other Policy-Related Intangibles
12 Months Ended
Dec. 31, 2019
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Net [Abstract]  
Intangible Assets Disclosure [Text Block]
4. Deferred Policy Acquisition Costs, Value of Business Acquired and Other Intangibles
See Note 1 for a description of capitalized acquisition costs.
Information regarding DAC and VOBA was as follows:
 
Years Ended December 31,
 
2019
 
2018
 
2017
 
(In millions)
DAC:
 
 
 
 
 
Balance at January 1,
$
5,149

 
$
5,678

 
$
5,652

Capitalizations
369

 
322

 
260

Amortization related to net investment gains (losses) and net derivative gains (losses)
204

 
(384
)
 
258

All other amortization
(577
)
 
(560
)
 
(445
)
Total amortization
(373
)
 
(944
)
 
(187
)
Unrealized investment gains (losses)
(199
)
 
93

 
(47
)
Balance at December 31,
4,946

 
5,149

 
5,678

VOBA:
 
 
 
 
 
Balance at January 1,
568

 
608

 
641

Amortization related to net investment gains (losses) and net derivative gains (losses)
(1
)
 
(1
)
 
(9
)
All other amortization
(8
)
 
(105
)
 
(31
)
Total amortization
(9
)
 
(106
)
 
(40
)
Unrealized investment gains (losses)
(57
)
 
66

 
7

Balance at December 31,
502

 
568

 
608

Total DAC and VOBA:
 
 
 
 
 
Balance at December 31,
$
5,448

 
$
5,717

 
$
6,286


Information regarding total DAC and VOBA by segment, as well as Corporate & Other, was as follows at:
 
December 31,
 
2019
 
2018
 
(In millions)
Annuities
$
4,327

 
$
4,550

Life
1,019

 
1,051

Run-off
5

 
5

Corporate & Other
97

 
111

Total
$
5,448

 
$
5,717


Information regarding other intangibles was as follows:
 
 
Years Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(In millions)
DSI:
 
 
 
 
 
 
Balance at January 1,
 
$
410

 
$
431

 
$
445

Capitalization
 
2

 
2

 
2

Amortization
 
(38
)
 
(41
)
 
(5
)
Unrealized investment gains (losses)
 
5

 
18

 
(11
)
Balance at December 31,
 
$
379

 
$
410

 
$
431

VODA:
 
 
 
 
 
 
Balance at January 1,
 
$
91

 
$
105

 
$
120

Amortization
 
(13
)
 
(14
)
 
(15
)
Balance at December 31,
 
$
78

 
$
91

 
$
105

Accumulated amortization
 
$
182

 
$
169

 
$
155


The estimated future amortization expense to be reported in other expenses for the next five years is as follows:
 
 
VOBA
 
VODA
 
 
(In millions)
2020
 
$
69

 
$
12

2021
 
$
61

 
$
10

2022
 
$
53

 
$
9

2023
 
$
46

 
$
8

2024
 
$
41

 
$
7