Shares and Stockholder's Equity (Tables)

9 Months Ended

Sep. 30, 2020

Shares and Stockholder's Equity [Abstract]

Components And Changes In Accumulated OCI

	For the Nine
	Months Ended
	September 30,
	2020			2019
Unrealized Gain (Loss) on AFS Securities
Balance as of beginning-of-year	$	5,637		$	536
Cumulative effect from adoption of new accounting standard		40			-
Unrealized holding gains (losses) arising during the period		5,190			9,407
Change in foreign currency exchange rate adjustment		19			(80	)
Change in DAC, VOBA, DSI, future contract benefits and other contract holder funds		(2,392	)		(2,271	)
Income tax benefit (expense)		(603	)		(1,502	)
Less:
Reclassification adjustment for gains (losses) included in net income (loss)		(46	)		(16	)
Associated amortization of DAC, VOBA, DSI and DFEL		48			(11	)
Income tax benefit (expense)		-			6
Balance as of end-of-period	$	7,889		$	6,111
Unrealized OTTI on AFS Securities
Balance as of beginning-of-year	$	40		$	29
(Increases) attributable to:
Cumulative effect from adoption of new accounting standard		(40	)		-
Gross OTTI recognized in OCI during the period		-			(14	)
Change in DAC, VOBA, DSI and DFEL		-			1
Income tax benefit (expense)		-			4
Decreases attributable to:
Changes in fair value, sales, maturities or other settlements of AFS securities		-			20
Change in DAC, VOBA, DSI and DFEL		-			(3	)
Income tax benefit (expense)		-			(4	)
Balance as of end-of-period	$	-		$	33
Unrealized Gain (Loss) on Derivative Instruments
Balance as of beginning-of-year	$	181		$	119
Unrealized holding gains (losses) arising during the period		288			287
Change in foreign currency exchange rate adjustment		(16	)		80
Change in DAC, VOBA, DSI and DFEL		(70	)		(3	)
Income tax benefit (expense)		(43	)		(77	)
Less:
Reclassification adjustment for gains (losses) included in net income (loss)		54			36
Associated amortization of DAC, VOBA, DSI and DFEL		(14	)		(1	)
Income tax benefit (expense)		(8	)		(7	)
Balance as of end-of-period	$	308		$	378
Funded Status of Employee Benefit Plans
Balance as of beginning-of-year	$	(22	)	$	(25	)
Adjustment arising during the period		-			-
Balance as of end-of-period	$	(22	)	$	(25	)

Schedule of Reclassifications Out Of AOCI

	For the Nine
	Months Ended
	September 30,
	2020			2019
Unrealized Gain (Loss) on AFS Securities
Gross reclassification	$	(46	)	$	(16	)	Total realized gain (loss)
Associated amortization of DAC,
VOBA, DSI and DFEL		48			(11	)	Total realized gain (loss)
Reclassification before income							Income (loss) from continuing
tax benefit (expense)		2			(27	)	operations before taxes
Income tax benefit (expense)		-			6		Federal income tax expense (benefit)
Reclassification, net of income tax	$	2		$	(21	)	Net income (loss)
Unrealized OTTI on AFS Securities
Gross reclassification	$	-		$	4		Total realized gain (loss)
Change in DAC, VOBA, DSI and DFEL		-			-		Total realized gain (loss)
Reclassification before income							Income (loss) from continuing
tax benefit (expense)		-			4		operations before taxes
Income tax benefit (expense)		-			(1	)	Federal income tax expense (benefit)
Reclassification, net of income tax	$	-		$	3		Net income (loss)
Unrealized Gain (Loss) on Derivative Instruments
Gross reclassifications:
Interest rate contracts	$	2		$	2		Net investment income
Foreign currency contracts		46			25		Net investment income
Foreign currency contracts		6			9		Total realized gain (loss)
Total gross reclassifications		54			36
Associated amortization of DAC,
VOBA, DSI and DFEL		(14	)		(1	)	Commissions and other expenses
Reclassifications before income							Income (loss) from continuing
tax benefit (expense)		40			35		operations before taxes
Income tax benefit (expense)		(8	)		(7	)	Federal income tax expense (benefit)
Reclassifications, net of income tax	$	32		$	28		Net income (loss)