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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 4 Months Ended 5 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
May 31, 2018
Sep. 30, 2017
Income Statement [Abstract]          
Fee Income and Other $ 212 $ 215 $ 284 $ 381 $ 661
Earned premiums 12 27 18 42 97
Net investment income 216 324 281 520 958
Net realized capital gains (losses):          
Total net realized capital gains (losses) (136) (33) (132) (107) (61)
Recognition of Deferred Revenue 13 0 22 0 0
Total revenues 317 533 473 836 1,655
Benefits, losses and expenses          
Benefits, loss and loss adjustment expenses 176 352 221 534 1,024
Value of Business Acquired, Amortization (16)   (9)    
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization   7   16 25
Insurance operating costs and other expenses 101 103 134 183 304
Amortization of Intangible Assets 2 0 2 0 0
Dividends to policyholders 0 0 0 2 0
Total benefits, losses and expenses 263 462 348 735 1,353
Income before income taxes 54 71 125 101 302
Income tax expense (13) (12) 1 7 32
Net income (loss) $ 67 $ 83 $ 124 $ 94 $ 270