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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
1 Months Ended 2 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended
Jun. 30, 2018
May 31, 2018
Jun. 30, 2017
May 31, 2018
Jun. 30, 2017
Income Statement [Abstract]          
Fee income and other $ 72 $ 150 $ 225 $ 381 $ 446
Earned premiums 6 15 34 42 70
Net investment income 65 208 318 520 634
Net realized capital gains (losses):          
Total net realized capital gains (losses) 4 (128) 18 (107) (28)
Recognition of Deferred Revenue 9 0 0 0 0
Total revenues 156 245 595 836 1,122
Benefits, losses and expenses          
Benefits, loss and loss adjustment expenses 45 209 342 534 672
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization 7 5 10 16 18
Insurance operating costs and other expenses 33 74 98 183 201
Dividends to policyholders 0 0 0 2 0
Total benefits, losses and expenses 85 288 450 735 891
Income before income taxes 71 (43) 145 101 231
Income tax expense 14 (12) 33 7 44
Net income (loss) $ 57 $ (31) $ 112 $ 94 $ 187