Quarterly Results of Operations

12 Months Ended

Dec. 31, 2019

Quarterly Results of Operations [Abstract]

Quarterly Results of Operations

23. Quarterly Results of Operations (Unaudited)

The unaudited quarterly results of operations (in millions) were as follows:

	For the Three Months Ended
	March 31,		June 30,		September 30,				December 31,
2019
Total revenues	$	3,764	$	3,928		$	4,227			$	4,273
Total expenses		3,646		3,686			4,526				3,757
Net income (loss)		133		222			(201	)			460
2018
Total revenues	$	3,404	$	3,852		$	4,039			$	4,063
Total expenses		2,921		3,357			3,619				3,631
Net income (loss)		407		420			378				368