XML 40 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2
Fair Value Measurements Level 4 Significant Unobservable Inputs (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2014
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Derivative, Gain (Loss) on Derivative, Net $ 22 [1] $ (13) [1] $ 19 $ (40)        
Available-for-sale Securities, Debt Securities 25,700   25,700   $ 24,657      
Credit standing adjustment assumption net of reinsurance [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Derivative, Gain (Loss) on Derivative, Net (3) (2) $ (1) (2)        
Derivative Financial Instruments, Assets [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques     Derivative instruments are fair valued using pricing valuation models for OTC derivatives that utilize independent market data inputs, quoted market prices for exchange-traded and OTC-cleared derivatives, or independent broker quotations. Excluding embedded and reinsurance related derivatives, as of June 30, 2016 and December 31, 2015, 93% and 94%, respectively, of derivatives, based upon notional values, were priced by valuation models, including discounted cash flow models and option-pricing models that utilize present value techniques, or quoted market prices. The remaining derivatives were priced by broker quotations.          
Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 171 286 $ 171 286 139 $ 154 $ 137 $ 112
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) [2],[3]       1        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings [2],[4],[5]       1        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)   1 7 [6]          
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 22 222 61 260        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 3 5 9 10        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 6 19 16 25        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 [7] 3 5 6 6        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 [7] 2 53 17 57        
Available-for-sale Securities, Debt Securities 1,786   1,786   1,625      
Level 3 [Member] | US Macro Hedge Program [Member] | Equity options [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Derivative Assets (Liabilities), at Fair Value, Net 175 [8]   $ 175 [8]   $ 179      
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques     Option model [8]   Option model      
Fair value measurements significant assumptions     Equity volatility [8]   Equity volatility      
Fair Value Measurements, Sensitivity Analysis, Description [9]     Increase [8]   Increase      
Level 3 [Member] | Interest Rate Contract [Member] | Interest Rate Swap [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Derivative Assets (Liabilities), at Fair Value, Net (34)   $ (34)   $ (30)      
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques     Discounted  cash flows   Discounted  cash flows      
Fair value measurements significant assumptions     Swap curve  beyond 30 years   Swap curve  beyond 30 years      
Fair Value Measurements, Sensitivity Analysis, Description [9]     Decrease   Decrease      
Level 3 [Member] | US GMWB Hedging Instruments [Member] | Other Contract [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Derivative Assets (Liabilities), at Fair Value, Net 166   $ 166   $ 131      
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques     Discounted  cash flows   Discounted  cash flows      
Fair value measurements significant assumptions     Equity volatility   Equity volatility      
Fair Value Measurements, Sensitivity Analysis, Description [9]     Increase   Increase      
Level 3 [Member] | US GMWB Hedging Instruments [Member] | Variance Swap [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Derivative Assets (Liabilities), at Fair Value, Net (34)   $ (34)   $ (31)      
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques     Option model   Option model      
Fair value measurements significant assumptions     Equity volatility   Equity volatility      
Fair Value Measurements, Sensitivity Analysis, Description     Increase   Increase      
Level 3 [Member] | US GMWB Hedging Instruments [Member] | Equity options [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Derivative Assets (Liabilities), at Fair Value, Net 33   $ 33   $ 35      
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques     Option model   Option model      
Fair value measurements significant assumptions     Equity volatility   Equity volatility      
Fair Value Measurements, Sensitivity Analysis, Description     Increase   Increase [9]      
Level 3 [Member] | Maximum [Member] | US Macro Hedge Program [Member] | Equity options [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Assumptions, Expected Volatility Rate     28.00% [8]   28.00%      
Level 3 [Member] | Maximum [Member] | Interest Rate Contract [Member] | Interest Rate Swap [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Measurements, Unobservable Swap Curve     2.00%   3.00%      
Level 3 [Member] | Maximum [Member] | US GMWB Hedging Instruments [Member] | Other Contract [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Assumptions, Expected Volatility Rate     30.00%   40.00%      
Level 3 [Member] | Maximum [Member] | US GMWB Hedging Instruments [Member] | Variance Swap [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Assumptions, Expected Volatility Rate     24.00%   21.00%      
Level 3 [Member] | Maximum [Member] | US GMWB Hedging Instruments [Member] | Equity options [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Assumptions, Expected Volatility Rate     30.00%   29.00%      
Level 3 [Member] | Minimum [Member] | US Macro Hedge Program [Member] | Equity options [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Assumptions, Expected Volatility Rate     12.00% [8]   14.00%      
Level 3 [Member] | Minimum [Member] | Interest Rate Contract [Member] | Interest Rate Swap [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Measurements, Unobservable Swap Curve     2.00%   3.00%      
Level 3 [Member] | Minimum [Member] | US GMWB Hedging Instruments [Member] | Other Contract [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Assumptions, Expected Volatility Rate     12.00%   10.00%      
Level 3 [Member] | Minimum [Member] | US GMWB Hedging Instruments [Member] | Variance Swap [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Assumptions, Expected Volatility Rate     22.00%   19.00%      
Level 3 [Member] | Minimum [Member] | US GMWB Hedging Instruments [Member] | Equity options [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Assumptions, Expected Volatility Rate     27.00%   27.00%      
Level 3 [Member] | Fixed Maturities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 0 72 $ 0 72 $ 2 1 72 84
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) [2],[3]       (2)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings [2],[4],[5]       (4)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases   1 1 5        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements   (1)   2        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 1 1 1 5        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3   1 [7] $ 2 [7] 10        
Level 3 [Member] | CMBS [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques     Discounted cash flows   Discounted cash flows      
Fair value measurements significant assumptions     Spread (encompasses prepayment, default risk and loss severity)   Spread (encompasses prepayment, default risk and loss severity)      
Fair Value Measurements, Sensitivity Analysis, Description [10]     Decrease   Decrease      
Level 3 [Member] | CMBS [Member] | Maximum [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Counterparty Credit Risk     1275.00%   1505.00%      
Level 3 [Member] | CMBS [Member] | Minimum [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Counterparty Credit Risk     10.00%   31.00%      
Level 3 [Member] | CMBS [Member] | Weighted Average [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Counterparty Credit Risk [11]     234.00%   230.00%      
Level 3 [Member] | Corporate [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques [12]     Discounted cash flows   Discounted cash flows      
Fair value measurements significant assumptions [12]     Spread   Spread      
Fair Value Measurements, Sensitivity Analysis, Description [10],[12]     Decrease   Decrease      
Level 3 [Member] | Corporate [Member] | Maximum [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Counterparty Credit Risk [12]     1531.00%   800.00%      
Level 3 [Member] | Corporate [Member] | Minimum [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Counterparty Credit Risk [12]     158.00%   63.00%      
Level 3 [Member] | Corporate [Member] | Weighted Average [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Counterparty Credit Risk [11],[12]     360.00%   290.00%      
Level 3 [Member] | Municipal [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques [12]     Discounted cash flows   Discounted cash flows      
Fair value measurements significant assumptions [12]     Spread   Spread      
Fair Value Measurements, Sensitivity Analysis, Description [10],[12]     Decrease   Decrease      
Level 3 [Member] | Municipal [Member] | Maximum [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Treasury Yield [12]     283.00%   193.00%      
Level 3 [Member] | Municipal [Member] | Minimum [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Treasury Yield [12]     223.00%   193.00%      
Level 3 [Member] | Municipal [Member] | Weighted Average [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Treasury Yield [11],[12]     240.00%   193.00%      
Level 3 [Member] | RMBS [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements valuation techniques     Discounted cash flows   Discounted cash flows      
Level 3 [Member] | RMBS [Member] | Maximum [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Counterparty Credit Risk     1896.00%   1696.00%      
Fair Value Inputs, Prepayment Rate     20.00%   20.00%      
Fair Value Inputs, Probability of Default     10.00%   10.00%      
Fair Value Inputs, Loss Severity     100.00%   100.00%      
Level 3 [Member] | RMBS [Member] | Minimum [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Counterparty Credit Risk     54.00%   30.00%      
Fair Value Inputs, Prepayment Rate     0.00%   0.00%      
Fair Value Inputs, Probability of Default     1.00%   1.00%      
Fair Value Inputs, Loss Severity     0.00%   0.00%      
Level 3 [Member] | RMBS [Member] | Weighted Average [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Inputs Counterparty Credit Risk [11]     205.00%   172.00%      
Fair Value Inputs, Prepayment Rate [11]     3.00%   3.00%      
Fair Value Inputs, Probability of Default [11]     6.00%   6.00%      
Fair Value Inputs, Loss Severity [11]     79.00%   79.00%      
Fair Value, Inputs, Level 1 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 299   $ 299   $ 123      
Fair Value, Inputs, Level 2 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 23,615   $ 23,615   $ 22,909      
Withdrawal Utilization [Member] | Level 3 [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Measurements, Sensitivity Analysis, Description [13],[14]     Increase   Increase      
Withdrawal Utilization [Member] | Level 3 [Member] | Maximum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs [14]     100.00%   100.00%      
Withdrawal Utilization [Member] | Level 3 [Member] | Minimum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs [14]     20.00%   20.00%      
Withdrawal Rates [Member] | Level 3 [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Measurements, Sensitivity Analysis, Description [13],[15]     Increase   Increase      
Withdrawal Rates [Member] | Level 3 [Member] | Maximum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs [15]     8.00%   8.00%      
Withdrawal Rates [Member] | Level 3 [Member] | Minimum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs [15]     0.00%   0.00%      
Spread [Member] | Level 3 [Member] | RMBS [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements significant assumptions     Spread   Spread      
Fair Value Measurements, Sensitivity Analysis, Description [10]     Decrease   Decrease      
Prepayment Rate [Member] | Level 3 [Member] | RMBS [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements significant assumptions     Constant prepayment rate   Constant prepayment rate      
Fair Value Measurements, Sensitivity Analysis, Description [10],[16]     Decrease [4]   Decrease [4]      
Probability of Default [Member] | Level 3 [Member] | RMBS [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements significant assumptions     Constant default rate   Constant default rate      
Fair Value Measurements, Sensitivity Analysis, Description [10]     Decrease   Decrease      
Loss Severity [Member] | Level 3 [Member] | RMBS [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair value measurements significant assumptions     Loss severity   Loss severity      
Fair Value Measurements, Sensitivity Analysis, Description [10]     Decrease   Decrease      
Lapse Rates [Member] | Level 3 [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Measurements, Sensitivity Analysis, Description [13],[17]     Decrease   Decrease      
Lapse Rates [Member] | Level 3 [Member] | Maximum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs [17]     75.00%   75.00%      
Lapse Rates [Member] | Level 3 [Member] | Minimum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs [17]     0.00%   0.00%      
Reset Elections [Member] | Level 3 [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Measurements, Sensitivity Analysis, Description [13]     Increase [18]   Increase      
Reset Elections [Member] | Level 3 [Member] | Maximum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs     75.00% [18]   75.00%      
Reset Elections [Member] | Level 3 [Member] | Minimum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs     20.00% [18]   20.00%      
Equity Volatility [Member] | Level 3 [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Fair Value Measurements, Sensitivity Analysis, Description [13],[19]     Increase   Increase      
Equity Volatility [Member] | Level 3 [Member] | Maximum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs [19]     30.00%   40.00%      
Equity Volatility [Member] | Level 3 [Member] | Minimum [Member] | Living Benefits Required to be Fair Valued and the GMWB Reinsurance Derivative [Member]                
Fair Value Assets Measured On Recurring Basis Unobservable Input [Abstract]                
Range of Values-Unobservable Inputs [19]     12.00%   10.00%      
Foreign Government Debt Securities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 296   $ 296   $ 331      
Foreign Government Debt Securities [Member] | Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 18   18   17      
Foreign Government Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 0   0   0      
Foreign Government Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 278   278   314      
Asset-backed Securities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 1,019   1,019   846      
Asset-backed Securities [Member] | Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 7   7   5      
Asset-backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 0   0   0      
Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 1,012   1,012   841      
RMBS [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 1,732   1,732   1,503      
RMBS [Member] | Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 690   690   628      
RMBS [Member] | Fair Value, Inputs, Level 1 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 0   0   0      
RMBS [Member] | Fair Value, Inputs, Level 2 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 1,042   1,042   875      
RMBS [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 690   690   628      
Municipal [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 1,282   1,282   1,132      
Municipal [Member] | Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 73   73   49      
Municipal [Member] | Fair Value, Inputs, Level 1 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 0   0   0      
Municipal [Member] | Fair Value, Inputs, Level 2 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 1,209   1,209   1,083      
Municipal [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Non-Broker Priced [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities [12] 55   55   31      
Corporate [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 15,594   15,594   15,175      
Corporate [Member] | Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 717   717   534      
Corporate [Member] | Fair Value, Inputs, Level 1 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 0   0   0      
Corporate [Member] | Fair Value, Inputs, Level 2 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 14,877   14,877   14,641      
Corporate [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Non-Broker Priced [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities [12] 385   385   213      
CMBS [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 2,146   2,146   1,964      
CMBS [Member] | Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 15   15   62      
CMBS [Member] | Fair Value, Inputs, Level 1 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 0   0   0      
CMBS [Member] | Fair Value, Inputs, Level 2 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 2,131   2,131   1,902      
CMBS [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 14   14   61      
Collateralized Debt Obligations [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities [20] 1,269   1,269   1,408      
Collateralized Debt Obligations [Member] | Level 3 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 266   266   330      
Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 1 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 0   0   0      
Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 2 [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Available-for-sale Securities, Debt Securities 1,003   1,003   1,078      
Available-for-sale Securities [Member] | Level 3 [Member] | Fixed Maturities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 1,786 1,722 1,786 1,722 1,625 1,690 1,990 2,025
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) [2],[3] (1)     (3)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings [2],[4],[5] (2)   (8) (4)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) [6] 23 (17) 3 (22)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 74 48 216 86        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 157 81 190 121        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 36 57 39 95        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 276 [7] 16 [7] 322 [7] 79        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 82 [7] 177 [7] 143 [7] 226        
Available-for-sale Securities [Member] | Foreign Government Debt Securities [Member] | Level 3 [Member] | Fixed Maturities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 18 15 18 15 17 20 17 30
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) [2],[3]              
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) [6] 1 (2) 2 (2)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases   2 3 3        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 1 1 2 2        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 2 1 2 14        
Available-for-sale Securities [Member] | Asset-backed Securities [Member] | Level 3 [Member] | Fixed Maturities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 7 14 7 14 5 2 96 82
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) [6]   (2)   (2)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases   9   22        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales   6   6        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 5 [7]   5 [7] 1        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3   83 [7] 3 [7] 83        
Available-for-sale Securities [Member] | RMBS [Member] | Level 3 [Member] | Fixed Maturities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 690 662 690 662 628 701 674 734
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings [2],[4],[5]       (1)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) [6] 3 1 (2) 1        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 40 35 148 46        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 44 29 76 58        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales   35   57        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   16 [7] 2 [7] 16        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 10 [7]   10 [7] 19        
Available-for-sale Securities [Member] | Municipal [Member] | Level 3 [Member] | Fixed Maturities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 73 49 73 49 49 50 52 54
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) [6] 3 (3) 4 (5)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 12   12          
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 [7] 8   8          
Available-for-sale Securities [Member] | Corporate [Member] | Level 3 [Member] | Fixed Maturities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 717 547 717 547 534 538 670 646
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) [2],[3] (1)   (1) (1)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings [2],[4],[5] (1)   (7) (2)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) [6] 16 (10) 4 (26)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 19 2 34 3        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 48 26 45 24        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 32 12 35 15        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 263 [7]   307 [7] 58        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 38 [7] 77 [7] 75 [7] 93        
Available-for-sale Securities [Member] | CMBS [Member] | Level 3 [Member] | Fixed Maturities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 15 87 15 87 62 51 119 119
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) [2],[3]       (1)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) [6] 1 1 (1) (1)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 3   19 12        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 4 13 8 19        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 2 3 2 3        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3       4        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 34 [7] 17 [7] 55 [7] 25        
Available-for-sale Securities [Member] | Collateralized Debt Obligations [Member] | Level 3 [Member] | Fixed Maturities [Member]                
Fair Value Inputs, Assets, Quantitative Information [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 266 348 266 348 $ 330 $ 328 $ 362 $ 360
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) [2],[3]       (1)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings [2],[4],[5] (1)   (1) (1)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) [6] (1) (2) (4) 13        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements $ 60 $ 12 $ 59 18        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3       $ 6        
[1] Excludes investments that contain an embedded credit derivative for which the Company has elected the fair value option. For further discussion, see the Fair Value Option section in Note 2 - Fair Value Measurements.
[2] 2]All amounts in these rows are reported in net realized capital gains (losses). The realized/unrealized gains (losses) included in net income for separate account assets are offset by an equal amount for separate account liabilities, which results in a net zero impact on net income for the Company. All amounts are before income taxes and amortization of DAC.
[3] [7]Amounts presented are for Level 3 only and therefore may not agree to other disclosures included herein.
[4] [1]The Company classifies realized and unrealized gains and losses on GMWB reinsurance derivatives and GMWB embedded derivatives as unrealized gains (losses) for purposes of disclosure in this table because it is impracticable to track on a contract-by-contract basis the realized gains (losses) for these derivatives and embedded derivatives.
[5] [6]Includes both market and non-market impacts in deriving realized and unrealized gains (losses).
[6] [3]All amounts are before income taxes and amortization of DAC.
[7] [4]Transfers in and/or (out) of Level 3 are primarily attributable to the availability of market observable information and the re-evaluation of the observability of pricing inputs.
[8] [2]Excludes derivatives for which the Company bases fair value on broker quotations as noted in the following discussion.
[9] Conversely, the impact of a decrease in input would have the opposite impact to the fair value as that presented in the table. Changes are based on long positions, unless otherwise noted. Changes in fair value will be inversely impacted for short positions.
[10] Conversely, the impact of a decrease in input would have the opposite impact to the fair value as that presented in the table.
[11] The weighted average is determined based on the fair value of the securities.
[12] xcludes securities for which the Company bases fair value on broker quotations as noted in the following discussion.
[13] Conversely, the impact of a decrease in input would have the opposite impact to the fair value as that presented in the table.
[14] Range represents assumed cumulative percentages of policyholders taking withdrawals.
[15] Range represents assumed cumulative annual amount withdrawn by policyholders.
[16] Decrease for above market rate coupons and increase for below market rate coupons.
[17] Range represents assumed annual percentages of full surrender of the underlying variable annuity contracts across all policy durations for in force business.
[18] Range represents assumed cumulative percentages of policyholders that would elect to reset their guaranteed benefit base.
[19] Range represents implied market volatilities for equity indices based on multiple pricing sources.
[20] Gross unrealized gains (losses) exclude the fair value of bifurcated embedded derivatives within certain securities. Subsequent changes in value are recorded in net realized capital gains (losses).