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SEGMENT INFORMATION (Details - Continuing operations by operating segment - Pretax operating income to pre-tax income) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Reconciling items from adjusted pre-tax income (loss) to pre-tax income (loss):        
Changes in fair value of equity securities $ 350 $ 259 $ 1,216 $ 703
Gain (Loss) on extinguishment of debt 0 (1) (13) (10)
Income (loss) from divested businesses (9) 2 (4) 35
Net reserve discount benefit (charge) (235) 86 (920) 305
Revenues 12,914 11,486 37,931 34,829
Adjusted pre-tax income (loss) 1,260 (1,527) 4,251 952
Reconciling items from adjusted pre-tax income to pre-tax income | Total Revenues        
Reconciling items from adjusted pre-tax income (loss) to pre-tax income (loss):        
Changes in fair values of securities used to hedge guaranteed living benefits 25 (5) 214 (109)
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses) 0 0 0 0
Changes in fair value of equity securities (51) 0 6 0
Professional fees related to regulatory or accounting changes 0 0 0 0
Other income (expense) - net 16 (4) 27 (29)
Gain (Loss) on extinguishment of debt 0 0 0 0
Net realized capital gains (losses) 867 (540) 713 (430)
Income (loss) from divested businesses 0 0 0 0
Non-operating litigation reserves and settlements 0 0 0 2
(Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements 0 0 0 0
Net reserve discount benefit (charge) 0 0 0 0
Integration and transaction costs associated with acquired business 0 0 0 0
Restructuring and other costs 0 0 0 0
Reconciling items from adjusted pre-tax income to pre-tax income | Adjusted Pre-Tax Income (loss)        
Reconciling items from adjusted pre-tax income (loss) to pre-tax income (loss):        
Changes in fair values of securities used to hedge guaranteed living benefits 12 (14) 183 (127)
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses) (65) 76 (39) 46
Changes in fair value of equity securities (51) 0 6 0
Professional fees related to regulatory or accounting changes (3) 0 (5) 0
Other income (expense) - net 0 0 0 0
Gain (Loss) on extinguishment of debt 0 (1) (13) (10)
Net realized capital gains (losses) 881 (524) 758 (388)
Income (loss) from divested businesses (9) 2 (4) 35
Non-operating litigation reserves and settlements (5) (5) (6) (30)
(Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements 59 (605) 211 (607)
Net reserve discount benefit (charge) (235) 86 (920) 305
Integration and transaction costs associated with acquired business (3) (91) (16) (91)
Restructuring and other costs $ (67) $ (35) $ (174) $ (259)