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FAIR VALUE MEASUREMENTS (Details - Changes in Level 3 Recurring Fair Value Measurements) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period $ 32,245 $ 36,037 $ 35,763 $ 37,666
Net Realized and Unrealized Gains (Losses) Included in Income 342 442 1,020 1,473
Other Comprehensive Income (Loss) (88) 526 (299) 1,293
Purchases, Sales, Issues and Settlements, Net (766) (1,534) (3,451) (4,038)
Gross Transfers in, assets 1,817 460 2,441 682
Gross Transfers out, assets (91) (217) (2,015) (1,362)
Acquisition 180   180  
Balance End of Period 33,639 35,714 33,639 35,714
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (39) 15 382 215
Liabilities        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 3,710 3,830 4,323 3,413
Net realized and unrealized gains and losses related to Level 3 items, liabilities (281) 250 (1,070) 469
Accumulated Other Comprehensive Income (loss) 0 0   0
Purchases, Sales, Issues and Settlements-Net 85 114 259 315
Gross Transfers in, liabilities 0 0 0 (3)
Gross Transfers out, liabilities 0 0 2 0
Balance at the End of the Period 3,514 4,194 3,514 4,194
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 209 (176) 1,148 (271)
Policyholder contract deposits        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 3,534 3,518 4,136 3,033
Net realized and unrealized gains and losses related to Level 3 items, liabilities (242) 299 (986) 594
Accumulated Other Comprehensive Income (loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net 84 157 226 347
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period 3,376 3,974 3,376 3,974
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 179 (220) 1,081 (405)
Derivative liabilities, net        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 176 251 187 309
Net realized and unrealized gains and losses related to Level 3 items, liabilities (39) (51) (84) (141)
Accumulated Other Comprehensive Income (loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net 1 17 33 52
Gross Transfers in, liabilities 0 0 0 (3)
Gross Transfers out, liabilities 0 0 2 0
Balance at the End of the Period 138 217 138 217
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 30 40 67 134
Interest rate contracts        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 14 30 22 38
Net realized and unrealized gains and losses related to Level 3 items, liabilities (1) (2) (5) (3)
Accumulated Other Comprehensive Income (loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net (1) (2) (5) (9)
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period 12 26 12 26
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 1 1 5 3
Foreign exchange contracts        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 5 7 0 11
Net realized and unrealized gains and losses related to Level 3 items, liabilities 2 0 (2) 1
Accumulated Other Comprehensive Income (loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net (2) (4) 7 (9)
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period 5 3 5 3
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities (5) 0 (5) (1)
Equity contracts        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period (79) (63) (82) (58)
Net realized and unrealized gains and losses related to Level 3 items, liabilities (12) (11) (3) (26)
Accumulated Other Comprehensive Income (loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net (12) 5 (20) 15
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 2 0
Balance at the End of the Period (103) (69) (103) (69)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 10 8 2 22
Commodity contracts        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period   0    
Net realized and unrealized gains and losses related to Level 3 items, liabilities   0    
Accumulated Other Comprehensive Income (loss)   0    
Purchases, Sales, Issues and Settlements-Net   0    
Gross Transfers in, liabilities   0    
Gross Transfers out, liabilities   0    
Balance at the End of the Period   0   0
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities   0    
Credit contracts        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 246 293 262 329
Net realized and unrealized gains and losses related to Level 3 items, liabilities (9) (19) (23) (55)
Accumulated Other Comprehensive Income (loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net (1) (1) (3) (1)
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period 236 273 236 273
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 10 19 23 53
Other contracts        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period (10) (16) (15) (11)
Net realized and unrealized gains and losses related to Level 3 items, liabilities (19) (19) (51) (58)
Accumulated Other Comprehensive Income (loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net 17 19 54 56
Gross Transfers in, liabilities 0 0 0 (3)
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period (12) (16) (12) (16)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 14 12 42 57
Long-term debt        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 0 61 0 71
Net realized and unrealized gains and losses related to Level 3 items, liabilities 0 2 0 16
Accumulated Other Comprehensive Income (loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net 0 (60) 0 (84)
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period 0 3 0 3
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 0 4 0 0
Bonds available for sale        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 25,778 28,962 28,996 29,971
Net Realized and Unrealized Gains (Losses) Included in Income 249 265 619 821
Other Comprehensive Income (Loss) (88) 528 (300) 1,298
Purchases, Sales, Issues and Settlements, Net (447) (975) (2,531) (2,495)
Gross Transfers in, assets 1,763 460 2,386 682
Gross Transfers out, assets (91) (155) (2,006) (1,192)
Acquisition 172   172  
Balance End of Period 27,336 29,085 27,336 29,085
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Obligations of states, municipalities and political subdivisions        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 2,056 2,285 2,404 2,040
Net Realized and Unrealized Gains (Losses) Included in Income 0 2 1 3
Other Comprehensive Income (Loss) (37) 38 (152) 123
Purchases, Sales, Issues and Settlements, Net (46) 52 (144) 221
Gross Transfers in, assets 54 0 54 8
Gross Transfers out, assets (31) (6) (167) (24)
Acquisition 0   0  
Balance End of Period 1,996 2,371 1,996 2,371
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Non-U.S. governments        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 0 12 8 17
Net Realized and Unrealized Gains (Losses) Included in Income 0 (5) (5) (5)
Other Comprehensive Income (Loss) (1) 4 5 5
Purchases, Sales, Issues and Settlements, Net 1 0 (3) (6)
Gross Transfers in, assets 4 0 4 0
Gross Transfers out, assets 0 0 (5) 0
Acquisition 0   0  
Balance End of Period 4 11 4 11
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Corporate debt        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 884 932 1,173 1,133
Net Realized and Unrealized Gains (Losses) Included in Income 7 5 (58) 6
Other Comprehensive Income (Loss) (10) (2) (7) (2)
Purchases, Sales, Issues and Settlements, Net (28) (53) (174) (219)
Gross Transfers in, assets 133 449 701 655
Gross Transfers out, assets (44) (121) (693) (363)
Acquisition 0   0  
Balance End of Period 942 1,210 942 1,210
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Residential mortgage-backed securities (RMBS)        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 15,377 16,393 16,136 16,906
Net Realized and Unrealized Gains (Losses) Included in Income 213 253 632 806
Other Comprehensive Income (Loss) 5 495 5 992
Purchases, Sales, Issues and Settlements, Net (725) (731) (1,877) (2,270)
Gross Transfers in, assets 0 11 8 19
Gross Transfers out, assets (16) (7) (50) (39)
Acquisition 7   7  
Balance End of Period 14,861 16,414 14,861 16,414
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Commercial mortgage-backed securities (CMBS)        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 605 735 624 2,040
Net Realized and Unrealized Gains (Losses) Included in Income 14 2 18 25
Other Comprehensive Income (Loss) (14) 5 (35) 12
Purchases, Sales, Issues and Settlements, Net 31 (77) 1 (699)
Gross Transfers in, assets 64 0 111 0
Gross Transfers out, assets 0 0 (19) (713)
Acquisition 1   1  
Balance End of Period 701 665 701 665
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 6,856 8,605 8,651 7,835
Net Realized and Unrealized Gains (Losses) Included in Income 15 8 31 (14)
Other Comprehensive Income (Loss) (31) (12) (116) 168
Purchases, Sales, Issues and Settlements, Net 320 (166) (334) 478
Gross Transfers in, assets 1,508 0 1,508 0
Gross Transfers out, assets 0 (21) (1,072) (53)
Acquisition 164   164  
Balance End of Period 8,832 8,414 8,832 8,414
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Other bond securities        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 6,068 6,838 6,512 7,480
Net Realized and Unrealized Gains (Losses) Included in Income 92 177 351 649
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net (342) (593) (1,037) (1,601)
Gross Transfers in, assets 54 0 55 0
Gross Transfers out, assets 0 (62) (9) (168)
Acquisition 8   8  
Balance End of Period 5,880 6,360 5,880 6,360
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (39) 18 326 214
Other bond securities | Corporate debt        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 18 28 18 17
Net Realized and Unrealized Gains (Losses) Included in Income 0 1 0 2
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net (18) 0 (18) 10
Gross Transfers in, assets 0 0 0 0
Gross Transfers out, assets 0 (11) 0 (11)
Acquisition 0   0  
Balance End of Period 0 18 0 18
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (2) 0 (1) 1
Other bond securities | Residential mortgage-backed securities (RMBS)        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 1,338 1,510 1,464 1,605
Net Realized and Unrealized Gains (Losses) Included in Income 18 63 73 184
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net (57) (130) (238) (313)
Gross Transfers in, assets 50 0 50 0
Gross Transfers out, assets 0 0 0 (33)
Acquisition 0   0  
Balance End of Period 1,349 1,443 1,349 1,443
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (29) 49 124 116
Other bond securities | Commercial mortgage-backed securities (CMBS)        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 71 66 74 155
Net Realized and Unrealized Gains (Losses) Included in Income (2) 2 (5) 4
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net 0 42 (1) 24
Gross Transfers in, assets 4 0 5 0
Gross Transfers out, assets 0 (45) 0 (118)
Acquisition 0   0  
Balance End of Period 73 65 73 65
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (2) 3 2 6
Other bond securities | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 4,641 5,234 4,956 5,703
Net Realized and Unrealized Gains (Losses) Included in Income 76 111 283 459
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net (267) (505) (780) (1,322)
Gross Transfers in, assets 0 0 0 0
Gross Transfers out, assets 0 (6) (9) (6)
Acquisition 8   8  
Balance End of Period 4,458 4,834 4,458 4,834
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (6) (34) 201 91
Equity securities available for sale        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period   7   0
Net Realized and Unrealized Gains (Losses) Included in Income   0   0
Other Comprehensive Income (Loss)   0   0
Purchases, Sales, Issues and Settlements, Net   (2)   6
Gross Transfers in, assets   0   0
Gross Transfers out, assets   0   (1)
Balance End of Period   5   5
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets   0   0
Equity securities available for sale | Common Stock        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period   7   0
Net Realized and Unrealized Gains (Losses) Included in Income   0   0
Other Comprehensive Income (Loss)   0   0
Purchases, Sales, Issues and Settlements, Net   (2)   6
Gross Transfers in, assets   0   0
Gross Transfers out, assets   0   (1)
Acquisition   0   0
Balance End of Period   5   5
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets   0   0
Other equity securities        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 0   0  
Net Realized and Unrealized Gains (Losses) Included in Income 1   (2) 0
Other Comprehensive Income (Loss) 0   0  
Purchases, Sales, Issues and Settlements, Net 24 0 27 0
Gross Transfers in, assets 0   0  
Gross Transfers out, assets 0   0  
Acquisition 0   0  
Balance End of Period 25   25  
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0   0  
Mortgage and other loans receivable        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 0 5 5 11
Net Realized and Unrealized Gains (Losses) Included in Income 0 0 0 0
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net 0 0 (5) (6)
Gross Transfers in, assets 0 0 0 0
Gross Transfers out, assets 0 0 0 0
Acquisition 0   0  
Balance End of Period 0 5 0 5
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Other invested assets        
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 399 225 250 204
Net Realized and Unrealized Gains (Losses) Included in Income 0 0 52 3
Other Comprehensive Income (Loss) 0 (2) 1 (5)
Purchases, Sales, Issues and Settlements, Net (1) 36 95 58
Gross Transfers in, assets 0 0 0 0
Gross Transfers out, assets 0 0 0 (1)
Acquisition 0   0  
Balance End of Period 398 259 398 259
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets $ 0 $ (3) $ 56 $ 1