Changes in and Reclassifications from Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Changes in AOCI, net of tax

Successor Company
Changes in AOCI, Net of Tax for the Period of June 1, 2018 to June 30, 2018
	Changes in
	Net Unrealized Gain on Securities			Net Gain on Cash Flow Hedging Instruments		Foreign Currency Translation Adjustments		AOCI, net of tax
Beginning balance	$	—		$	—	$	—	$	—
OCI before reclassifications	(75		)	—		2		(73		)
Amounts reclassified from AOCI	—			—		—		—
OCI, net of tax	(75		)	—		2		(73		)
Ending balance	$	(75	)	$	—	$	2	$	(73	)

Predecessor Company
Changes in AOCI, Net of Tax for the Period of April 1, 2018 to May 31, 2018
	Changes in
	Net Unrealized Gain on Securities			Net Gain on Cash Flow Hedging Instruments			Foreign Currency Translation Adjustments			AOCI, net of tax
Beginning balance	$	900		$	(14	)	$	(2	)	$	884
OCI before reclassifications	(131		)	(1		)	—			(132		)
Amounts reclassified from AOCI	5			1			—			6
OCI, net of tax	(126		)	—			—			(126		)
Ending balance	$	774		$	(14	)	$	(2	)	$	758

Predecessor Company
Changes in AOCI, Net of Tax for the Period of January 1, 2018 to May 31, 2018
	Changes in
	Net Unrealized Gain on Securities			Net Gain on Cash Flow Hedging Instruments			Foreign Currency Translation Adjustments			AOCI, net of tax
Beginning balance	$	1,022		$	4		$	(3	)	$	1,023
Cumulative effect of accounting changes, net of tax [1]	182			—			—			182
Adjusted balance, beginning of period	1,204			4			(3		)	1,205
OCI before reclassifications	(432		)	(13		)	1			(444		)
Amounts reclassified from AOCI	2			(5		)	—			(3		)
OCI, net of tax	(430		)	(18		)	1			(447		)
Ending balance	$	774		$	(14	)	$	(2	)	$	758

[1] Includes reclassification to retained earnings of $193 of stranded tax effects and $11 of net unrealized gains, after tax, related to equity securities. Refer to Note 1 - Basis of Presentation and Significant Accounting Policies for further information.

Predecessor Company
Changes in AOCI, Net of Tax for the Three Months Ended June 30, 2017
	Changes in
	Net Unrealized Gain on Securities			Net Gain on Cash Flow Hedging Instruments			Foreign Currency Translation Adjustments			AOCI, net of tax
Beginning balance	$	737		$	25		$	(3	)	$	759
OCI before reclassifications	187			4			—			191
Amounts reclassified from AOCI	(25		)	(6		)	—			(31		)
OCI, net of tax	162			(2		)	—			160
Ending balance	$	899		$	23		$	(3	)	$	919

Predecessor Company
Changes in AOCI, Net of Tax for the Six Months Ended June 30, 2017
	Changes in
	Net Unrealized Gain on Securities			Net Gain on Cash Flow Hedging Instruments			Foreign Currency Translation Adjustments			AOCI, net of tax
Beginning balance	$	693		$	32		$	(3	)	$	722
OCI before reclassifications	245			3			—			248
Amounts reclassified from AOCI	(39		)	(12		)	—			(51		)
OCI, net of tax	206			(9		)	—			197
Ending balance	$	899		$	23		$	(3	)	$	919

Reclassifications from AOCI

Reclassifications from AOCI
	Successor Company		Predecessor Company
	June 1, 2018 to June 30, 2018		April 1, 2018 to May 31, 2018			January 1, 2018 to May 31, 2018			Affected Line Item in the Condensed Consolidated Statement of Operations
Net Unrealized Gain on Securities
Available-for-sale securities	$	—	$	(6	)	$	(2	)	Net realized capital gains (losses)
	—		(6		)	(2		)	Income (loss) before income taxes
	—		(1		)	—			Income tax expense (benefit)
	$	—	$	(5	)	$	(2	)	Net income (loss)
Net Gains on Cash Flow Hedging Instruments
Interest rate swaps	$	—	$	—		$	—		Net realized capital gains (losses)
Interest rate swaps	—		3			8			Net investment income
Foreign currency swaps	—		(4		)	(2		)	Net realized capital gains (losses)
	—		(1		)	6			Income (loss) before income taxes
	—		—			1			Income tax expense (benefit)
	—		(1		)	5			Net income (loss)
Total amounts reclassified from AOCI	$	—	$	(6	)	$	3		Net income (loss)

Reclassified from AOCI
	Predecessor Company
	Three Months Ended June 30, 2017			Six Months Ended June 30, 2017			Affected Line Item in the Condensed Consolidated Statement of Operations
Net Unrealized Gain on Securities
Available-for-sale securities	$	39		$	60		Net realized capital gains (losses)
	39			60			Income (loss) before income taxes
	14			21			Income tax expense (benefit)
	25			39			Net income (loss)
Net Gains on Cash Flow Hedging Instruments
Interest rate swaps	(1		)	(1		)	Net realized capital gains (losses)
Interest rate swaps	6			13			Net investment income
Foreign currency swaps	5			6			Net realized capital gains (losses)
	10			18			Income (loss) before income taxes
	4			6			Income tax expense (benefit)
	6			12			Net income (loss)
Total amounts reclassified from AOCI	$	31		$	51		Net income (loss)