Fair Value Measurements Level 3 (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Assets and (liabilities) carried at fair value by hierarchy level

Assets and (Liabilities) Carried at Fair Value by Hierarchy Level as of September 30, 2017
	Total			Quoted Prices in Active Markets for Identical  Assets  (Level 1)		Significant Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets accounted for at fair value on a recurring basis
Fixed maturities, AFS
Asset backed securities ("ABS")	$	955		$	—	$	925		$	30
Collateralized debt obligations ("CDOs")	993			—		901			92
Commercial mortgage-backed securities ("CMBS")	2,151			—		2,119			32
Corporate	14,374			—		13,868			506
Foreign government/government agencies	381			—		373			8
Municipal	1,232			—		1,162			70
Residential mortgage-backed securities ("RMBS")	1,615			—		920			695
U.S. Treasuries	1,942			122		1,820			—
Total fixed maturities	23,643			122		22,088			1,433
Fixed maturities, FVO	36			—		36			—
Equity securities, trading [1]	11			11		—			—
Equity securities, AFS	153			20		89			44
Derivative assets
Credit derivatives	1			—		1			—
Foreign exchange derivatives	(2		)	—		(2		)	—
Interest rate derivatives	1			—		1			—
Guaranteed minimum withdrawal benefit ("GMWB") hedging instruments	39			—		(1		)	40
Macro hedge program	158			—		—			158
Total derivative assets [2]	197			—		(1		)	198
Short-term investments	1,400			855		545			—
Reinsurance recoverable for GMWB	51			—		—			51
Modified coinsurance reinsurance contracts	57			—		57			—
Separate account assets [3]	113,197			74,053		38,019			226
Total assets accounted for at fair value on a recurring basis	$	138,745		$	75,061	$	60,833		$	1,952
Liabilities accounted for at fair value on a recurring basis
Other policyholder funds and benefits payable (GMWB embedded derivative)	$	(93	)	$	—	$	—		$	(93	)
Derivative liabilities
Foreign exchange derivatives	(264		)	—		(264		)	—
Interest rate derivatives	(387		)	—		(358		)	(29		)
GMWB hedging instruments	26			—		42			(16		)
Macro hedge program	8			—		(17		)	25
Total derivative liabilities [4]	(617		)	—		(597		)	(20		)
Total liabilities accounted for at fair value on a recurring basis	$	(710	)	$	—	$	(597	)	$	(113	)

Assets and (Liabilities) Carried at Fair Value by Hierarchy Level as of December 31, 2016
	Total			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets accounted for at fair value on a recurring basis
Fixed maturities, AFS
ABS	$	993		$	—	$	956		$	37
CDOs	940			—		680			260
CMBS	2,146			—		2,125			21
Corporate	14,693			—		14,127			566
Foreign government/government agencies	345			—		328			17
Municipal	1,189			—		1,117			72
RMBS	1,760			—		1,049			711
U.S. Treasuries	1,753			230		1,523			—
Total fixed maturities	23,819			230		21,905			1,684
Fixed maturities, FVO	82			—		82			—
Equity securities, trading [1]	11			11		—			—
Equity securities, AFS	152			20		88			44
Derivative assets
Credit derivatives	(1		)	—		(1		)	—
Foreign exchange derivatives	4			—		4			—
Interest rate derivatives	30			—		30			—
GMWB hedging instruments	74			—		14			60
Macro hedge program	128			—		8			120
Total derivative assets [2]	235			—		55			180
Short-term investments	1,349			637		712			—
Reinsurance recoverable for GMWB	73			—		—			73
Modified coinsurance reinsurance contracts	68			—		68			—
Separate account assets [3]	111,634			71,606		38,856			201
Total assets accounted for at fair value on a recurring basis	$	137,423		$	72,504	$	61,766		$	2,182
Liabilities accounted for at fair value on a recurring basis
Other policyholder funds and benefits payable
GMWB embedded derivative	$	(241	)	$	—	$	—		$	(241	)
Equity linked notes	(33		)	—		—			(33		)
Total other policyholder funds and benefits payable	(274		)	—		—			(274		)
Derivative liabilities
Credit derivatives	1			—		1			—
Equity derivatives	33			—		33			—
Foreign exchange derivatives	(247		)	—		(247		)	—
Interest rate derivatives	(434		)	—		(404		)	(30		)
GMWB hedging instruments	20			—		(1		)	21
Macro hedge program	50			—		3			47
Total derivative liabilities [4]	(577		)	—		(615		)	38
Total liabilities accounted for at fair value on a recurring basis	$	(851	)	$	—	$	(615	)	$	(236	)

[1] Included in other investments on the Condensed Consolidated Balance Sheets.

[2] Includes OTC and OTC-cleared derivative instruments in a net positive fair value position after consideration of the accrued interest and impact of collateral posting requirements which may be imposed by agreements, clearing house rules and applicable law. See footnote 4 to this table for derivative liabilities.

[3] Approximately $2.4 billion and $4.0 billion of investment sales receivable, as of September 30, 2017 and December 31, 2016, respectively, are excluded from this disclosure requirement because they are trade receivables in the ordinary course of business where the carrying amount approximates fair value. Included in the total fair value amount are $899 and $1.0 billion of investments, as of September 30, 2017 and December 31, 2016, respectively, for which the fair value is estimated using the net asset value per unit as a practical expedient which are excluded from the disclosure requirement to classify amounts in the fair value hierarchy.

[4] Includes OTC and OTC-cleared derivative instruments in a net negative fair value position (derivative liability) after consideration of the accrued interest and impact of collateral posting requirements, which may be imposed by agreements, clearing house rules and applicable law.

Information about significant unobservable inputs used in Level 3 assets measured at fair value

Significant Unobservable Inputs for Level 3 - Freestanding Derivatives
	Fair Value			Predominant Valuation Technique	Significant Unobservable Input	Minimum	Maximum	Impact of Increase in Input on Fair Value [1]
As of September 30, 2017
Interest rate derivatives
Interest rate swaps	$	(29	)	Discounted  cash flows	Swap curve  beyond 30 years	2%	3%	Decrease
GMWB hedging instruments
Equity variance swaps	$	(40	)	Option model	Equity volatility	12%	19%	Increase
Equity options	$	2		Option model	Equity volatility	27%	27%	Increase
Customized swaps	$	62		Discounted  cash flows	Equity volatility	7%	30%	Increase
Macro hedge program [2]
Equity options	$	190		Option model	Equity volatility	15%	30%	Increase
As of December 31, 2016
Interest rate derivatives
Interest rate swaps	$	(29	)	Discounted  cash flows	Swap curve  beyond 30 years	3%	3%	Decrease
GMWB hedging instruments
Equity variance swaps	$	(36	)	Option model	Equity volatility	20%	23%	Increase
Equity options	$	17		Option model	Equity volatility	27%	30%	Increase
Customized swaps	$	100		Discounted  cash flows	Equity volatility	12%	30%	Increase
Macro hedge program
Equity options	$	188		Option model	Equity volatility	17%	28%	Increase

[1] 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.

[2] Excludes derivatives for which the Company bases fair value on broker quotations.

Significant Unobservable Inputs for Level 3 - Securities
Assets accounted for at fair value on a recurring basis	Fair Value		Predominant Valuation Technique	Significant Unobservable  Input	Minimum	Maximum	Weighted Average [1]	Impact of Increase in Input on Fair Value [2]
As of September 30, 2017
CMBS [3]	$	15	Discounted cash flows	Spread (encompasses prepayment, default risk and loss severity)	9bps	1,816bps	489bps	Decrease
Corporate [4]	$	260	Discounted cash flows	Spread	102bps	940bps	300bps	Decrease
Municipal [3]	$	53	Discounted cash flows	Spread	184bps	239bps	198bps	Decrease
RMBS [3]	$	695	Discounted cash flows	Spread	26bps	501bps	77bps	Decrease
				Constant prepayment rate	—%	12%	5%	Decrease [5]
				Constant default rate	2%	7%	4%	Decrease
				Loss severity	—%	100%	68%	Decrease
As of December 31, 2016
CMBS [3]	$	9	Discounted cash flows	Spread (encompasses prepayment, default risk and loss severity)	10bps	1,273bps	249bps	Decrease
Corporate [4]	$	265	Discounted cash flows	Spread	122bps	1,021bps	373bps	Decrease
Municipal [3]	$	56	Discounted cash flows	Spread	135bps	286bps	195bps	Decrease
RMBS [3]	$	704	Discounted cash flows	Spread	16bps	1,830bps	189bps	Decrease
				Constant prepayment rate	—%	20%	4%	Decrease [5]
				Constant default rate	1%	10%	5%	Decrease
				Loss severity	—%	100%	75%	Decrease

[1] The weighted average is determined based on the fair value of the securities.

[2] Conversely, the impact of a decrease in input would have the opposite impact to the fair value as that presented in the table.

[3] Excludes securities for which the Company based fair value on broker quotations.

[4] Excludes securities for which the Company bases fair value on broker quotations; however, included are broker priced lower-rated private placement securities for which the Company receives spread and yield information to corroborate the fair value.

[5] Decrease for above market rate coupons and increase for below market rate coupons.

Significant Unobservable Inputs for Level 3 GMWB Embedded Customized and Reinsurance Derivatives
As of September 30, 2017
Significant Unobservable Input	Unobservable Inputs (Minimum)	Unobservable Inputs (Maximum)	Impact of Increase in Input on Fair Value Measurement [1]
Withdrawal Utilization [2]	15%	100%	Increase
Withdrawal Rates [3]	—%	8%	Increase
Lapse Rates [4]	—%	40%	Decrease
Reset Elections [5]	20%	75%	Increase
Equity Volatility [6]	7%	30%	Increase
As of December 31, 2016
Significant Unobservable Input	Unobservable Inputs (Minimum)	Unobservable Inputs (Maximum)	Impact of Increase in Input on Fair Value Measurement [1]
Withdrawal Utilization [2]	15%	100%	Increase
Withdrawal Rates [3]	—%	8%	Increase
Lapse Rates [4]	—%	40%	Decrease
Reset Elections [5]	20%	75%	Increase
Equity Volatility [6]	12%	30%	Increase

Roll-forward of Financial Instruments Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

Fair Value Roll-forwards for Financial Instruments Classified as Level 3 for the Three Months Ended September 30, 2017
					Total realized/unrealized gains (losses)
		Fair value as of June 30, 2017			Included in net income [1] [2] [6]			Included in OCI [3]			Purchases		Settlements			Sales			Transfers into Level 3 [4]		Transfers out of Level 3 [4]			Fair value as of September 30, 2017
Assets
Fixed Maturities, AFS
	ABS	$	33		$	—		$	—		$	—	$	(3	)	$	—		$	3	$	(3	)	$	30
	CDOs	136			—			(1		)	20		—			—			—		(63		)	92
	CMBS	33			—			—			—		(1		)	—			—		—			32
	Corporate	608			(1		)	3			6		2			(16		)	—		(96		)	506
	Foreign Govt./Govt. Agencies	7			—			—			2		—			—			—		(1		)	8
	Municipal	70			—			—			—		—			—			—		—			70
	RMBS	739			—			10			1		(47		)	—			—		(8		)	695
Total Fixed Maturities, AFS		1,626			(1		)	12			29		(49		)	(16		)	3		(171		)	1,433
Equity Securities, AFS		43			—			(2		)	3		—			—			—		—			44
Freestanding Derivatives
	Interest rate	(29		)	—			—			—		—			—			—		—			(29		)
	GMWB hedging instruments	40			(16		)	—			—		—			—			—		—			24
	Macro hedge program	160			14			—			9		—			—			—		—			183
Total Freestanding Derivatives [5]		171			(2		)	—			9		—			—			—		—			178
Reinsurance Recoverable for GMWB		57			(9		)	—			—		3			—			—		—			51
Separate Accounts		192			—			3			37		(1		)	(2		)	—		(3		)	226
Total Assets		$	2,089		$	(12	)	$	13		$	78	$	(47	)	$	(18	)	$	3	$	(174	)	$	1,932
(Liabilities)
Other Policyholder Funds and Benefits Payable
	Guaranteed Withdrawal Benefits	$	(134	)	$	58		$	—		$	—	$	(17	)	$	—		$	—	$	—		$	(93	)
	Equity Linked Notes	(37		)	—			—			—		37			—			—		—			—
Total Other Policyholder Funds and Benefits Payable		(171		)	58			—			—		20			—			—		—			(93		)
Total Liabilities		$	(171	)	$	58		$	—		$	—	$	20		$	—		$	—	$	—		$	(93	)

Fair Value Roll-forwards for Financial Instruments Classified as Level 3 for the Nine Months Ended September 30, 2017
					Total realized/unrealized gains (losses)
		Fair value as of January 1, 2017			Included in net income [1] [2] [6]			Included in OCI [3]			Purchases		Settlements			Sales			Transfers into Level 3 [4]		Transfers out of Level 3 [4]			Fair value as of September 30, 2017
Assets
Fixed Maturities, AFS
	ABS	$	37		$	—		$	—		$	14	$	(6	)	$	—		$	6	$	(21	)	$	30
	CDOs	260			—			(2		)	134		(107		)	—			—		(193		)	92
	CMBS	21			—			1			33		(3		)	—			—		(20		)	32
	Corporate	566			(8		)	22			88		3			(89		)	57		(133		)	506
	Foreign Govt./Govt. Agencies	17			—			1			3		(2		)	—			—		(11		)	8
	Municipal	72			—			3			—		—			(5		)	—		—			70
	RMBS	711			—			21			107		(136		)	—			—		(8		)	695
Total Fixed Maturities, AFS		1,684			(8		)	46			379		(251		)	(94		)	63		(386		)	1,433
Equity Securities, AFS		44			—			(5		)	5		—			—			—		—			44
Freestanding Derivatives
	Interest rate	(30		)	1			—			—		—			—			—		—			(29		)
	GMWB hedging instruments	81			(57		)	—			—		—			—			—		—			24
	Macro hedge program	167			7			—			9		—			—			—		—			183
Total Freestanding Derivatives [5]		218			(49		)	—			9		—			—			—		—			178
Reinsurance Recoverable for GMWB		73			(33		)	—			—		11			—			—		—			51
Separate Accounts		201			3			5			148		(7		)	(45		)	10		(89		)	226
Total Assets		$	2,220		$	(87	)	$	46		$	541	$	(247	)	$	(139	)	$	73	$	(475	)	$	1,932
(Liabilities)
Other Policyholder Funds and Benefits Payable
	Guaranteed Withdrawal Benefits	$	(241	)	$	197		$	—		$	—	$	(49	)	$	—		$	—	$	—		$	(93	)
	Equity Linked Notes	(33		)	(4		)	—			—		37			—			—		—			—
Total Other Policyholder Funds and Benefits Payable		(274		)	193			—			—		(12		)	—			—		—			(93		)
Total Liabilities		$	(274	)	$	193		$	—		$	—	$	(12	)	$	—		$	—	$	—		$	(93	)

Fair Value Roll-forwards for Financial Instruments Classified as Level 3 for the Three Months Ended September 30, 2016
					Total realized/unrealized gains (losses)
		Fair value as of June 30, 2016			Included in net income [1] [2] [6]			Included in OCI [3]			Purchases		Settlements			Sales			Transfers into Level 3 [4]		Transfers out of Level 3 [4]			Fair value as of September 30, 2016
Assets
Fixed Maturities, AFS
	ABS	$	7		$	—		$	—		$	17	$	(1	)	$	(2	)	$	—	$	(1	)	$	20
	CDOs	266			—			(2		)	—		(8		)	—			—		—			256
	CMBS	15			—			—			14		(3		)	—			—		(3		)	23
	Corporate	717			(11		)	25			22		4			(20		)	56		(158		)	635
	Foreign Govt./Govt. Agencies	18			—			1			5		(1		)	(3		)	—		—			20
	Municipal	73			—			2			4		—			—			—		—			79
	RMBS	690			—			5			93		(37		)	(8		)	—		—			743
Total Fixed Maturities, AFS		1,786			(11		)	31			155		(46		)	(33		)	56		(162		)	1,776
Fixed Maturities, FVO																								—
Equity Securities, AFS		42			(1		)	—			2		—			—			—		—			43
Freestanding Derivatives
	Equity	1			(1		)	—			—		—			—			—		—			—
	Interest rate	(34		)	—			—			—		—			—			—		—			(34		)
	GMWB hedging instruments	165			(34		)	—			—		—			—			—		—			131
	Macro hedge program	141			(32		)	—			63		(4		)	—			—		—			168
Total Freestanding Derivatives [5]		273			(67		)	—			63		(4		)	—			—		—			265
Reinsurance Recoverable for GMWB		106			(12		)	—			—		4			—			—		—			98
Separate Accounts		171			1			(1		)	165		(3		)	(11		)	10		(7		)	325
Total Assets		$	2,378		$	(90	)	$	30		$	385	$	(49	)	$	(44	)	$	66	$	(169	)	$	2,507
(Liabilities)
Other Policyholder Funds and Benefits Payable
	Guaranteed Withdrawal Benefits	$	(412	)	$	81		$	—		$	—	$	(17	)	$	—		$	—	$	—		$	(348	)
	Equity Linked Notes	(28		)	(3		)	—			—		—			—			—		—			(31		)
Total Other Policyholder Funds and Benefits Payable		(440		)	78			—			—		(17		)	—			—		—			(379		)
Total Liabilities		$	(440	)	$	78		$	—		$	—	$	(17	)	$	—		$	—	$	—		$	(379	)

Fair Value Roll-forwards for Financial Instruments Classified as Level 3 for the Nine Months Ended September 30, 2016
					Total realized/unrealized gains (losses)
		Fair value as of January 1, 2016			Included in net income [1] [2] [6]			Included in OCI [3]			Purchases		Settlements			Sales			Transfers into Level 3 [4]		Transfers out of Level 3 [4]			Fair value as of September 30, 2016
Assets
Fixed Maturities, AFS
	ABS	$	5		$	—		$	—		$	17	$	(1	)	$	(2	)	$	5	$	(4	)	$	20
	CDOs	330			(1		)	(6		)	—		(67		)	—			—		—			256
	CMBS	62			—			(1		)	33		(11		)	(2		)	—		(58		)	23
	Corporate	534			(18		)	29			56		(41		)	(55		)	363		(233		)	635
	Foreign Govt./Govt. Agencies	17			—			3			8		(3		)	(5		)	—		—			20
	Municipal	49			—			6			16		—			—			8		—			79
	RMBS	628			—			3			241		(113		)	(8		)	2		(10		)	743
Total Fixed Maturities, AFS		1,625			(19		)	34			371		(236		)	(72		)	378		(305		)	1,776
Fixed Maturities, FVO		2			—			—			1		—			(1		)	—		(2		)	—
Equity Securities, AFS		38			(1		)	4			4		—			(2		)	—		—			43
Freestanding Derivatives
	Equity	—			(8		)	—			8		—			—			—		—			—
	Interest rate	(29		)	(5		)	—			—		—			—			—		—			(34		)
	GMWB hedging instruments	135			(10		)	—			—		—			—			—		6			131
	Macro hedge program	147			(36		)	—			63		(6		)	—			—		—			168
Total Freestanding Derivatives [5]		253			(59		)	—			71		(6		)	—			—		6			265
Reinsurance Recoverable for GMWB		83			4			—			—		11			—			—		—			98
Separate Accounts		139			1			5			226		(12		)	(27		)	16		(23		)	325
Total Assets		$	2,140		$	(74	)	$	43		$	673	$	(243	)	$	(102	)	$	394	$	(324	)	$	2,507
(Liabilities)
Other Policyholder Funds and Benefits Payable
	Guaranteed Withdrawal Benefits	$	(262	)	$	(36	)	$	—		$	—	$	(50	)	$	—		$	—	$	—		$	(348	)
	Equity Linked Notes	(26		)	(5		)	—			—		—			—			—		—			(31		)
Total Other Policyholder Funds and Benefits Payable		(288		)	(41		)	—			—		(50		)	—			—		—			(379		)
Total Liabilities		$	(288	)	$	(41	)	$	—		$	—	$	(50	)	$	—		$	—	$	—		$	(379	)

[1] The Company classifies realized and unrealized gains (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.

[2] Amounts in these rows are generally 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] All amounts are before income taxes and amortization of DAC.

[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.

[5] Derivative instruments are reported in this table on a net basis for asset (liability) positions and reported in the Consolidated Balance Sheets in other investments and other liabilities.

[6] Includes both market and non-market impacts in deriving realized and unrealized gains (losses).

Changes in Unrealized Gains (Losses) Included in Net Income for Financial Instruments Classified as Level 3 Still Held at End of Period
		Three months ended September 30,						Nine months ended September 30,
		2017 [1][2]			2016 [1][2]			2017 [1][2]			2016 [1][2]
Assets
Fixed Maturities, AFS
	Corporate	$	(1	)	$	(11	)	$	(13	)	$	(12	)
Total Fixed Maturities, AFS		(1		)	(11		)	(13		)	(12		)
Freestanding Derivatives
	Interest Rate	—			—			—			(5		)
	GMWB hedging instruments	(16		)	(34		)	(57		)	(2		)
	Macro hedge program	14			(34		)	8			(31		)
Total Freestanding Derivatives		(2		)	(68		)	(49		)	(38		)
Reinsurance Recoverable for GMWB		(9		)	(12		)	(33		)	4
Separate Accounts		—			—			1			—
Total Assets		$	(12	)	$	(91	)	$	(94	)	$	(46	)
(Liabilities)
Other Policyholder Funds and Benefits Payable
	Guaranteed Withdrawal Benefits	$	58		$	81		$	197		$	(36	)
	Equity Linked Notes	—			(3		)	(4		)	(5		)
Total Other Policyholder Funds and Benefits Payable		58			78			193			(41		)
Total Liabilities		$	58		$	78		$	193		$	(41	)

[1] 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.

[2] Amounts presented are for Level 3 only and therefore may not agree to other disclosures included herein.

Fair Value, Option, Quantitative Disclosures [Table Text Block]

Changes in Fair Value of Assets using Fair Value Option
	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Assets
Fixed maturities, FVO
RMBS	$	—	$	1	$	—	$	3
Total fixed maturities, FVO	—		1		—		3
Equity, FVO	—		—		2		(34		)
Total realized capital gains (losses)	$	—	$	1	$	2	$	(31	)

Fair value of assets and liabilities accounted for using the fair value option

Fair Value of Assets and Liabilities using the Fair Value Option
	September 30, 2017		December 31, 2016
Assets
Fixed maturities, FVO
RMBS	$	36	$	82
Total fixed maturities, FVO	$	36	$	82

Financial Instruments Not Carried at Fair Value

Financial Instruments Not Carried at Fair Value

Financial Assets and Liabilities Not Carried at Fair Value
	Fair Value Hierarchy Level	Carrying Amount		Fair Value
	September 30, 2017
Assets
Policy loans	Level 3	$	1,417	$	1,417
Mortgage loans	Level 3	$	2,880	$	2,973
Liabilities
Other policyholder funds and benefits payable [1]	Level 3	$	6,015	$	6,211
Consumer notes [2] [3]	Level 3	$	9	$	9
Assumed investment contracts [3]	Level 3	$	517	$	540
	December 31, 2016
Assets
Policy loans	Level 3	$	1,442	$	1,442
Mortgage loans	Level 3	$	2,811	$	2,843
Liabilities
Other policyholder funds and benefits payable [1]	Level 3	$	6,436	$	6,626
Consumer notes [2] [3]	Level 3	$	20	$	20
Assumed investment contracts [3]	Level 3	$	487	$	526

[1] Excludes group accident and health and universal life insurance contracts, including corporate owned life insurance.

[2] Excludes amounts carried at fair value and included in preceding disclosures.

[3] Included in other liabilities in the Condensed Consolidated Balance Sheets.