XML 72 R60.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Measurements - Financial Assets and Financial Liabilities Carried at Fair Value (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Dec. 31, 2017
Financial assets at fair value:    
Fixed maturities $ 23,593 $ 23,138
Equity securities 560 588
Short-term investments 220 199
Financial liabilities at fair value:    
Unfunded Commitments $ 65  
Minimum [Member]    
Financial liabilities at fair value:    
Redemption Notice Period 45 days  
Maximum [Member]    
Financial liabilities at fair value:    
Redemption Notice Period 90 days  
Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities $ 23,593 23,138
Equity securities 492 588
Subtotal 24,085 23,726
Short-term investments 220 199
Total financial assets at fair value, excluding separate accounts 25,021 24,704
Real estate funds priced at NAV as a practical expedient 263  
Financial liabilities at fair value:    
Total financial liabilities at fair value $ 707 787
Redemption Frequency Quarterly redemption frequency  
Other derivatives [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Derivative assets $ 32 2
Financial liabilities at fair value:    
Derivative liabilities 54 25
Guaranteed Minimum Income Benefit [Member]    
Financial assets at fair value:    
Derivative assets 684 777
Guaranteed Minimum Income Benefit [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Derivative assets 684 777
Financial liabilities at fair value:    
Derivative liabilities 653 762
Federal government and agency [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 780 779
State and local government [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 1,045 1,287
Foreign government [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 2,455 2,487
Corporate [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 18,785 18,088
Mortgage and other asset-backed [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 528 497
Fair Value Inputs Level 1 [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 271 253
Equity securities 391 412
Subtotal 662 665
Short-term investments 0 0
Total financial assets at fair value, excluding separate accounts 662 665
Financial liabilities at fair value:    
Total financial liabilities at fair value 0 0
Fair Value Inputs Level 1 [Member] | Other derivatives [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Derivative assets 0 0
Financial liabilities at fair value:    
Derivative liabilities 0 0
Fair Value Inputs Level 1 [Member] | Guaranteed Minimum Income Benefit [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Derivative assets 0 0
Financial liabilities at fair value:    
Derivative liabilities 0 0
Fair Value Inputs Level 1 [Member] | Federal government and agency [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 271 253
Fair Value Inputs Level 1 [Member] | State and local government [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 0 0
Fair Value Inputs Level 1 [Member] | Foreign government [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 0 0
Fair Value Inputs Level 1 [Member] | Corporate [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 0 0
Fair Value Inputs Level 1 [Member] | Mortgage and other asset-backed [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 0 0
Fair Value Inputs Level 2 [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 22,827 22,256
Equity securities 68 73
Subtotal 22,895 22,329
Short-term investments 220 199
Total financial assets at fair value, excluding separate accounts 23,147 22,530
Financial liabilities at fair value:    
Total financial liabilities at fair value 54 25
Fair Value Inputs Level 2 [Member] | Other derivatives [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Derivative assets 32 2
Financial liabilities at fair value:    
Derivative liabilities 54 25
Fair Value Inputs Level 2 [Member] | Guaranteed Minimum Income Benefit [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Derivative assets 0 0
Financial liabilities at fair value:    
Derivative liabilities 0 0
Fair Value Inputs Level 2 [Member] | Federal government and agency [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 509 526
Fair Value Inputs Level 2 [Member] | State and local government [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 1,045 1,287
Fair Value Inputs Level 2 [Member] | Foreign government [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 2,411 2,442
Fair Value Inputs Level 2 [Member] | Corporate [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 18,478 17,658
Fair Value Inputs Level 2 [Member] | Mortgage and other asset-backed [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 384 343
Fair Value Inputs Level 3 [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 495 629
Equity securities 33 103
Subtotal 528 732
Short-term investments 0 0
Total financial assets at fair value, excluding separate accounts 1,212 1,509
Financial liabilities at fair value:    
Total financial liabilities at fair value 653 762
Fair Value Inputs Level 3 [Member] | Other derivatives [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Derivative assets 0 0
Financial liabilities at fair value:    
Derivative liabilities 0 0
Fair Value Inputs Level 3 [Member] | Guaranteed Minimum Income Benefit [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Derivative assets 684 777
Financial liabilities at fair value:    
Derivative liabilities 653 762
Fair Value Inputs Level 3 [Member] | Federal government and agency [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 0 0
Fair Value Inputs Level 3 [Member] | State and local government [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 0 0
Fair Value Inputs Level 3 [Member] | Foreign government [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 44 45
Fair Value Inputs Level 3 [Member] | Corporate [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities 307 430
Fair Value Inputs Level 3 [Member] | Mortgage and other asset-backed [Member] | Fair Value, Measurements, Recurring [Member]    
Financial assets at fair value:    
Fixed maturities $ 144 154
Fair Value Inputs Level 3 [Member] | Private equity securities [Member]    
Financial assets at fair value:    
Equity securities   $ 70