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SCHEDULE V - VALUATION ALLOWANCES AND QUALIFYING ACCOUNTS (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Valuation allowances and qualifying accounts      
Cumulative effect of change in accounting principle   $ 11  
Allowance for credit losses on fixed income securities      
Valuation allowances and qualifying accounts      
Balance as of beginning of period $ 0    
Cumulative effect of change in accounting principle   0  
Additions charged to costs and expenses 3    
Additions other additions 0    
Deductions 2    
Balance as of end of period 1 0  
Allowance for credit losses on mortgage loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 3 3 $ 3
Cumulative effect of change in accounting principle   33  
Additions charged to costs and expenses 37 0 0
Additions other additions 1 0 0
Deductions 15 0 0
Balance as of end of period 59 3 3
Allowance for credit losses on bank loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 0    
Cumulative effect of change in accounting principle   16  
Additions charged to costs and expenses 4    
Additions other additions 0    
Deductions 4    
Balance as of end of period 16 0  
Allowance for credit losses on agent loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 3 2 2
Cumulative effect of change in accounting principle   2  
Additions charged to costs and expenses 0 1 0
Additions other additions 0 0 0
Deductions 0 0 0
Balance as of end of period 5 3 2
Allowance for credit losses on reinsurance recoverables      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 3 0  
Cumulative effect of change in accounting principle   11  
Additions charged to costs and expenses 1 3  
Additions other additions 0 0  
Deductions 0 0  
Balance as of end of period 15 3 $ 0
Allowances for credit losses on other assets      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 7    
Cumulative effect of change in accounting principle   0  
Additions charged to costs and expenses 0    
Additions other additions 0    
Deductions 0    
Balance as of end of period 7 7  
Allowance for credit losses on commitments to fund mortgage loans, bank loans and agent loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 0    
Cumulative effect of change in accounting principle   1  
Additions charged to costs and expenses 0    
Additions other additions 0    
Deductions 1    
Balance as of end of period $ 0 $ 0