XML 90 R79.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value of Financial Instruments (Fair Value Measured On A Recurring Basis Reconciliation) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value $ 7,267 $ 6,560 $ 7,337 $ 6,200
Items Included in Net Income 854 161 943 (498)
Gains (Losses) in OCI and Other 195 73 284 290
Issuances, Sales, Maturities, Settlements, Calls, Net (612) 377 (885) 1,618
Transfers Into or Out of Level 3, Net (332) (235) (307) (674)
Ending Fair Value 7,372 6,936 7,372 6,936
Corporate Bonds [Member] | Fixed Maturity AFS Securities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 6,975 6,061 6,978 5,652
Items Included in Net Income (7) 3 (6) 3
Gains (Losses) in OCI and Other 191 (49) 17 44
Issuances, Sales, Maturities, Settlements, Calls, Net 64 239 146 641
Transfers Into or Out of Level 3, Net (16) 51 72 (35)
Ending Fair Value 7,207 6,305 7,207 6,305
U.S. Government Bonds [Member] | Fixed Maturity AFS Securities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 5   5  
Transfers Into or Out of Level 3, Net (5)   (5)  
Foreign Government Bonds [Member] | Fixed Maturity AFS Securities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 86 113 90 109
Gains (Losses) in OCI and Other   2 (4) 6
Issuances, Sales, Maturities, Settlements, Calls, Net (20)   (20)  
Ending Fair Value 66 115 66 115
RMBS [Member] | Fixed Maturity AFS Securities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 2   11 7
Issuances, Sales, Maturities, Settlements, Calls, Net   10   10
Transfers Into or Out of Level 3, Net     (9) (7)
Ending Fair Value 2 10 2 10
CMBS [Member] | Fixed Maturity AFS Securities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 1 2 1 2
Issuances, Sales, Maturities, Settlements, Calls, Net   7   7
Ending Fair Value 1 9 1 9
ABS [Member] | Fixed Maturity AFS Securities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 424 320 268 134
Gains (Losses) in OCI and Other 3 1 5 2
Issuances, Sales, Maturities, Settlements, Calls, Net 60 69 317 477
Transfers Into or Out of Level 3, Net (74) (173) (177) (396)
Ending Fair Value 413 217 413 217
Hybrid And Redeemable Preferred Securities [Member] | Fixed Maturity AFS Securities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 90 78 78 75
Gains (Losses) in OCI and Other 1   (1) 3
Issuances, Sales, Maturities, Settlements, Calls, Net 13   9  
Transfers Into or Out of Level 3, Net     18  
Ending Fair Value 104 78 104 78
Trading Securities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 673 523 666 67
Items Included in Net Income 2 10 (2) 12
Issuances, Sales, Maturities, Settlements, Calls, Net (119) 146 (139) 723
Transfers Into or Out of Level 3, Net (21) (113) 10 (236)
Ending Fair Value 535 566 535 566
Equity Securities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 29 68 30 25
Items Included in Net Income 2 (11) 1 (11)
Issuances, Sales, Maturities, Settlements, Calls, Net 18 (3) 18 40
Ending Fair Value 49 54 49 54
Derivative Investments [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 595 466 868 533
Items Included in Net Income 958 183 555 (129)
Gains (Losses) in OCI and Other   119 267 235
Issuances, Sales, Maturities, Settlements, Calls, Net (189) 23 (326) 152
Transfers Into or Out of Level 3, Net (216)   (216)  
Ending Fair Value 1,148 791 1,148 791
GLB Direct Embedded Derivatives [Member] | Other Assets [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value     450 123
Items Included in Net Income     (450) (123)
GLB Direct Embedded Derivatives [Member] | Other Liabilities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value (3,086) (1)    
Items Included in Net Income 1,980 (845) (1,106) (846)
Ending Fair Value (1,106) (846) (1,106) (846)
GLB Ceded Embedded Derivatives [Member] | Other Assets [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 3,081 111 60 72
Items Included in Net Income (1,976) 733 1,045 772
Ending Fair Value 1,105 844 1,105 844
GLB Ceded Embedded Derivatives [Member] | Other Liabilities [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value   (111) (510) (196)
Items Included in Net Income   111 510 196
Indexed Annuity And IUL Contracts [Member] | Other Assets [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value 664 903 927 902
Items Included in Net Income 295 7 484 128
Issuances, Sales, Maturities, Settlements, Calls, Net (423) (19) (875) (139)
Ending Fair Value 536 891 536 891
Indexed Annuity And IUL Contracts [Member] | Future Contract Benefits [Member]        
Level 3 Unobservable Input Reconciliation        
Beginning Fair Value (2,272) (1,973) (2,585) (1,305)
Items Included in Net Income (400) (30) (88) (500)
Issuances, Sales, Maturities, Settlements, Calls, Net (16) (95) (15) (293)
Ending Fair Value $ (2,688) $ (2,098) $ (2,688) $ (2,098)