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SEGMENT INFORMATION (Details - Schedule of continuing operations by operating segment, reconciling items) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Reconciling items to pre-tax income (loss):    
Gains (losses) on extinguishment of debt $ 8 $ (17)
Net Investment Income 3,657 2,508
Net realized capital gains (losses) on embedded derivatives 3,250 3,519
Loss from divested businesses 7 (216)
Net loss reserve discount charge 32 (56)
Revenues 14,454 14,443
Amortization of DAC 1,304 1,862
Adjusted Pre-tax Income (Loss) 4,728 2,558
Excluding Fortitude Re funds withheld assets    
Reconciling items to pre-tax income (loss):    
Net Investment Income 3,171 2,508
Net realized capital gains (losses) on embedded derivatives 695 3,519
Fortitude Re funds withheld assets    
Reconciling items to pre-tax income (loss):    
Net Investment Income 486 0
Net realized capital gains (losses) on embedded derivatives 173 0
Fortitude Re funds withheld embedded derivative    
Reconciling items to pre-tax income (loss):    
Net realized capital gains (losses) on embedded derivatives 2,382 0
Total Revenues    
Reconciling items to pre-tax income (loss):    
Changes in fair values of securities used to hedge guaranteed living benefits 18 14
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses) 0 0
Changes in fair value of equity securities 22 (191)
Other income (expense) - net (6) 10
Gains (losses) on extinguishment of debt 0 0
Net realized capital gains (losses) 617 3,477
Loss from divested businesses 0 0
Non-operating litigation reserves and settlements 0 6
Favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements 0 0
Net loss reserve discount charge 0 0
Integration and transaction costs associated with acquiring or divesting businesses 0 0
Restructuring and other costs 0 0
Non-recurring costs related to regulatory or accounting changes 0 0
Total Revenues | Excluding Fortitude Re funds withheld assets    
Reconciling items to pre-tax income (loss):    
Net Investment Income 486 0
Total Revenues | Fortitude Re funds withheld assets    
Reconciling items to pre-tax income (loss):    
Net realized capital gains (losses) on embedded derivatives 173 0
Total Revenues | Fortitude Re funds withheld embedded derivative    
Reconciling items to pre-tax income (loss):    
Net realized capital gains (losses) on embedded derivatives 2,382 0
Adjusted Pre-tax Income (Loss)    
Reconciling items to pre-tax income (loss):    
Changes in fair values of securities used to hedge guaranteed living benefits 22 (7)
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses) (203) (538)
Changes in fair value of equity securities 22 (191)
Other income (expense) - net 0 0
Gains (losses) on extinguishment of debt 8 (17)
Net realized capital gains (losses) 627 3,494
Loss from divested businesses 7 (216)
Non-operating litigation reserves and settlements 0 6
Favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements 19 8
Net loss reserve discount charge 32 (56)
Integration and transaction costs associated with acquiring or divesting businesses (9) (2)
Restructuring and other costs (74) (90)
Non-recurring costs related to regulatory or accounting changes (20) (13)
Adjusted Pre-tax Income (Loss) | Excluding Fortitude Re funds withheld assets    
Reconciling items to pre-tax income (loss):    
Net Investment Income 486 0
Adjusted Pre-tax Income (Loss) | Fortitude Re funds withheld assets    
Reconciling items to pre-tax income (loss):    
Net realized capital gains (losses) on embedded derivatives 173 0
Adjusted Pre-tax Income (Loss) | Fortitude Re funds withheld embedded derivative    
Reconciling items to pre-tax income (loss):    
Net realized capital gains (losses) on embedded derivatives $ 2,382 $ 0