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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 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Reconciling items from adjusted pre-tax income (loss) to pre-tax income (loss):                      
Gain (Loss) on extinguishment of debt                 $ (32) $ (7) $ 5
Income (loss) from divested businesses                 (75) 38 68
Net loss reserve discount benefit (charge)                 (955) 371 (187)
Restructuring and other costs $ 44 $ 67 $ 60 $ 47 $ 136 $ 35 $ 200 $ 24      
Revenues 11,815 12,914 12,561 12,456 12,560 11,486 11,631 11,712 49,746 47,389 49,520
Adjusted Pre-tax Income (Loss) $ 1,036 $ 1,260 $ 1,837 $ 1,154 $ (695) $ (1,527) $ 1,252 $ 1,227 5,287 257 1,466
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                 228 (128) 146
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses)                 0 0 0
Changes in fair value of equity securities                 158 0 0
Professional fees related to regulatory or accounting changes                 0 0 0
Other income (expense) - net                 46 (53) (49)
Gain (Loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 388 (254) (1,380)
Income (loss) from divested businesses                 0 0 0
Non-operating litigation reserves and settlements                 9 11 27
Unfavorable prior year development and related amortization changes ceded under retroactive reinsurance agreements                 0 0 0
Net loss reserve discount benefit (charge)                 0 0 0
Pension expense related to a one-time lump sum payment to former employees                 0 0 0
Integration and transaction costs associated with acquired business                 0 0 0
Restructuring and other costs                 0 0 0
Reconciling items from adjusted pre-tax income to pre-tax income | Net investment income                      
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                 228 (128) 146
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses)                 0 0 0
Changes in fair value of equity securities                 158 0 0
Professional fees related to regulatory or accounting changes                 0 0 0
Other income (expense) - net                 85 0 0
Gain (Loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 (242) (124) 0
Income (loss) from divested businesses                 0 0 0
Non-operating litigation reserves and settlements                 0 0 0
Unfavorable prior year development and related amortization changes ceded under retroactive reinsurance agreements                 0 0 0
Net loss reserve discount benefit (charge)                 0 0 0
Pension expense related to a one-time lump sum payment to former employees                 0 0 0
Integration and transaction costs associated with acquired business                 0 0 0
Restructuring and other costs                 0 0 0
Reconciling items from adjusted pre-tax income to pre-tax income | Interest expense                      
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                 0 0 0
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses)                 0 0 0
Changes in fair value of equity securities                 0 0 0
Professional fees related to regulatory or accounting changes                 0 0 0
Other income (expense) - net                 85 0 0
Gain (Loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 (38) (34) 0
Income (loss) from divested businesses                 0 0 0
Non-operating litigation reserves and settlements                 0 0 0
Unfavorable prior year development and related amortization changes ceded under retroactive reinsurance agreements                 0 0 0
Net loss reserve discount benefit (charge)                 0 0 0
Pension expense related to a one-time lump sum payment to former employees                 0 0 0
Integration and transaction costs associated with acquired business                 0 0 0
Restructuring and other costs                 0 0 0
Reconciling items from adjusted pre-tax income to pre-tax income | Amortization of DAC                      
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                 0 0 0
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses)                 (52) (5) (291)
Changes in fair value of equity securities                 0 0 0
Professional fees related to regulatory or accounting changes                 0 0 0
Other income (expense) - net                 0 0 0
Gain (Loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 0 0 0
Income (loss) from divested businesses                 0 0 0
Non-operating litigation reserves and settlements                 0 0 0
Unfavorable prior year development and related amortization changes ceded under retroactive reinsurance agreements                 0 0 0
Net loss reserve discount benefit (charge)                 0 0 0
Pension expense related to a one-time lump sum payment to former employees                 0 0 0
Integration and transaction costs associated with acquired business                 0 0 0
Restructuring and other costs                 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                 194 (154) 146
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses)                 56 6 303
Changes in fair value of equity securities                 158 0 0
Professional fees related to regulatory or accounting changes                 (12) 0 0
Other income (expense) - net                 0 0 0
Gain (Loss) on extinguishment of debt                 (32) (7) 5
Net realized capital gains (losses)                 448 (193) (1,380)
Income (loss) from divested businesses                 (75) 38 68
Non-operating litigation reserves and settlements                 2 (19) 129
Unfavorable prior year development and related amortization changes ceded under retroactive reinsurance agreements                 267 (675) (303)
Net loss reserve discount benefit (charge)                 (955) 371 (187)
Pension expense related to a one-time lump sum payment to former employees                 0 0 (60)
Integration and transaction costs associated with acquired business                 (24) (124) 0
Restructuring and other costs                 $ (218) $ (395) $ (413)