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INVESTMENTS (Details - Rollforward of changes in allowance for credit losses on available for sale fixed maturity securities by major investment category) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Schedule of Available-for-sale Securities [Line Items]        
Securities available for sale, balance, beginning of period $ 122 $ 211 $ 186 $ 7
Securities for which allowance for credit losses were not previously recorded 21 101 36 299
Purchases of available for sale debt securities accounted for as PCD assets 0 20 0 26
Accretion of available for sale debt securities accounted for as purchased credit deteriorated assets 0 1 0 1
Securities sold during the period (5) (6) (10) (6)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intention to sell before recovery amortized cost basis (35) (64) (103) (64)
Write-offs charged against the allowance (6) (65) (12) (65)
Securities available for sale, balance, end of period 97 198 97 198
Adjusted balance        
Schedule of Available-for-sale Securities [Line Items]        
Securities available for sale, balance, beginning of period     186  
Structured        
Schedule of Available-for-sale Securities [Line Items]        
Securities available for sale, balance, beginning of period 14 37   7
Securities for which allowance for credit losses were not previously recorded 6 11 8 35
Purchases of available for sale debt securities accounted for as PCD assets 0 20 0 26
Accretion of available for sale debt securities accounted for as purchased credit deteriorated assets 0 1 0 1
Securities sold during the period (2) (1) (3) (1)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intention to sell before recovery amortized cost basis (8) (31) (12) (31)
Write-offs charged against the allowance 0 0 0 0
Securities available for sale, balance, end of period 10 37 10 37
Structured | Adjusted balance        
Schedule of Available-for-sale Securities [Line Items]        
Securities available for sale, balance, beginning of period     17  
Non-structured        
Schedule of Available-for-sale Securities [Line Items]        
Securities available for sale, balance, beginning of period 108 174   0
Securities for which allowance for credit losses were not previously recorded 15 90 28 264
Purchases of available for sale debt securities accounted for as PCD assets 0 0 0 0
Accretion of available for sale debt securities accounted for as purchased credit deteriorated assets 0 0 0 0
Securities sold during the period (3) (5) (7) (5)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intention to sell before recovery amortized cost basis (27) (33) (91) (33)
Write-offs charged against the allowance (6) (65) (12) (65)
Securities available for sale, balance, end of period $ 87 $ 161 87 $ 161
Non-structured | Adjusted balance        
Schedule of Available-for-sale Securities [Line Items]        
Securities available for sale, balance, beginning of period     $ 169