Shares and Stockholder's Equity (Tables)

6 Months Ended

Jun. 30, 2021

Shares and Stockholder's Equity [Abstract]

Components And Changes In Accumulated OCI

	For the Six
	Months Ended
	June 30,
	2021			2020
Unrealized Gain (Loss) on Fixed Maturity AFS Securities
Balance as of beginning-of-year	$	8,993		$	5,637
Cumulative effect from adoption of new accounting standard		-			40
Unrealized holding gains (losses) arising during the period		(3,175	)		3,583
Change in foreign currency exchange rate adjustment		(37	)		(94	)
Change in DAC, VOBA, DSI, future contract benefits and other contract holder funds		1,362			(1,358	)
Income tax benefit (expense)		395			(452	)
Less:
Reclassification adjustment for gains (losses) included in net income (loss)		(3	)		(41	)
Associated amortization of DAC, VOBA, DSI and DFEL		9			50
Income tax benefit (expense)		(1	)		(2	)
Balance as of end-of-period	$	7,533		$	7,349
Unrealized Other-Than-Temporary-Impairment on Fixed Maturity AFS Securities
Balance as of beginning-of-year	$	-		$	40
Cumulative effect from adoption of new accounting standard		-			(40	)
Balance as of end-of-period	$	-		$	-
Unrealized Gain (Loss) on Derivative Instruments
Balance as of beginning-of-year	$	42		$	181
Unrealized holding gains (losses) arising during the period		(14	)		421
Change in foreign currency exchange rate adjustment		45			97
Change in DAC, VOBA, DSI and DFEL		(29	)		(104	)
Income tax benefit (expense)		(1	)		(88	)
Less:
Reclassification adjustment for gains (losses) included in net income (loss)		20			31
Associated amortization of DAC, VOBA, DSI and DFEL		(19	)		(7	)
Income tax benefit (expense)		-			(5	)
Balance as of end-of-period	$	42		$	488
Funded Status of Employee Benefit Plans
Balance as of beginning-of-year	$	(14	)	$	(22	)
Adjustment arising during the period		-			-
Balance as of end-of-period	$	(14	)	$	(22	)

Schedule of Reclassifications Out Of AOCI

	For the Six
	Months Ended
	June 30,
	2021			2020
Unrealized Gain (Loss) on Fixed Maturity AFS Securities
Gross reclassification	$	(3	)	$	(41	)	Realized gain (loss)
Associated amortization of DAC,
VOBA, DSI and DFEL		9			50		Realized gain (loss)
Reclassification before income
tax benefit (expense)		6			9		Income (loss) before taxes
Income tax benefit (expense)		(1	)		(2	)	Federal income tax expense (benefit)
Reclassification, net of income tax	$	5		$	7		Net income (loss)
Unrealized Gain (Loss) on Derivative Instruments
Gross reclassifications:
Interest rate contracts	$	1		$	1		Net investment income
Foreign currency contracts		21			22		Net investment income
Foreign currency contracts		(2	)		8		Realized gain (loss)
Total gross reclassifications		20			31
Associated amortization of DAC,
VOBA, DSI and DFEL		(19	)		(7	)	Commissions and other expenses
Reclassifications before income
tax benefit (expense)		1			24		Income (loss) before taxes
Income tax benefit (expense)		-			(5	)	Federal income tax expense (benefit)
Reclassifications, net of income tax	$	1		$	19		Net income (loss)