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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
5 Months Ended 7 Months Ended 12 Months Ended
May 31, 2018
Dec. 31, 2018
Dec. 31, 2020
Dec. 31, 2019
Net income $ 94 $ 409 $ 399 $ 359
Change in net unrealized gain on fixed maturities (430) (173)   890
Change in net gain on cash-flow hedging instruments (18) 0   0
Change in foreign currency translation adjustments 1 2   (2)
OCI, net of tax (447) (171) 564 888
Comprehensive income (loss) (353) 238 963 1,247
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]        
Change in net unrealized gain on fixed maturities     565  
AOCI Attributable to Parent [Member]        
OCI, net of tax $ (447) $ (171) 564 $ 888
AOCI, Gain (Loss), Debt Securities, Available-for-sale, with Allowance for Credit Loss, Parent [Member]        
Net income     (1)  
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]        
Change in net gain on cash-flow hedging instruments     $ (1)