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Shares and Stockholder's Equity (Tables)
12 Months Ended
Dec. 31, 2021
Shares and Stockholder's Equity [Abstract]  
Components And Changes In Accumulated OCI For the Years Ended December 31, 2021 2020 2019 Unrealized Gain (Loss) on Fixed Maturity AFS Securities and Certain Other Investments Balance as of beginning-of-year$ 8,993 $ 5,637 $ 536 Cumulative effect from adoption of new accounting standards - 40 - Unrealized holding gains (losses) arising during the year (5,109) 7,585 8,856 Change in foreign currency exchange rate adjustment (146) 180 46 Change in DAC, VOBA, DSI, future contract benefits and other contract holder funds 1,818 (3,559) (2,460)Income tax benefit (expense) 733 (901) (1,370)Less: Reclassification adjustment for gains (losses) included in net income (loss) (10) (52) (26)Associated amortization of DAC, VOBA, DSI and DFEL (23) 38 (11)Income tax benefit (expense) 7 3 8 Balance as of end-of-year$ 6,315 $ 8,993 $ 5,637 Unrealized OTTI on Fixed Maturity AFS Securities Balance as of beginning-of-year$ - $ 40 $ 29 (Increases) attributable to: Cumulative effect from adoption of new accounting standards - (40) - Gross OTTI recognized in OCI during the year - - (14)Change in DAC, VOBA, DSI and DFEL - - 1 Income tax benefit (expense) - - 3 Decreases attributable to: Changes in fair value, sales, maturities or other settlements of AFS securities - - 30 Change in DAC, VOBA, DSI and DFEL - - (2)Income tax benefit (expense) - - (7)Balance as of end-of-year$ - $ - $ 40 Unrealized Gain (Loss) on Derivative Instruments Balance as of beginning-of-year$ 42 $ 181 $ 119 Unrealized holding gains (losses) arising during the year 141 77 181 Change in foreign currency exchange rate adjustment 152 (174) (52)Change in DAC, VOBA, DSI and DFEL 7 (23) (5)Income tax benefit (expense) (65) 26 (26)Less: Reclassification adjustment for gains (losses) included in net income (loss) 49 64 47 Associated amortization of DAC, VOBA, DSI and DFEL (2) (7) (2)Income tax benefit (expense) (10) (12) (9)Balance as of end-of-year$ 240 $ 42 $ 181 Funded Status of Employee Benefit Plans Balance as of beginning-of-year$ (14)$ (22)$ (25)Adjustment arising during the year 4 10 4 Income tax benefit (expense) (1) (2) (1)Balance as of end-of-year$ (11)$ (14)$ (22)
Schedule of Reclassifications Out Of AOCI For the Years Ended December 31, 2021 2020 2019 Unrealized Gain (Loss) on Fixed Maturity AFS Securities and Certain Other Investments Gross reclassification$ (10) $ (52) $ (26)Realized gain (loss)Associated amortization of DAC, VOBA, DSI and DFEL (23) 38 (11)Realized gain (loss)Reclassification before income tax benefit (expense) (33) (14) (37)Income (loss) before taxesIncome tax benefit (expense) 7 3 8 Federal income tax expense (benefit)Reclassification, net of income tax$ (26) $ (11) $ (29)Net income (loss) Unrealized OTTI on Fixed Maturity AFS Securities Gross reclassification$ - $ - $ 4 Realized gain (loss)Change in DAC, VOBA, DSI and DFEL - - - Realized gain (loss)Reclassification before income tax benefit (expense) - - 4 Income (loss) before taxesIncome 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$ 3 $ 2 $ 3 Net investment incomeForeign currency contracts 48 56 35 Net investment incomeForeign currency contracts (2) 6 9 Realized gain (loss)Total gross reclassifications 49 64 47 Associated amortization of DAC, VOBA, DSI and DFEL (2) (7) (2)Commissions and other expensesReclassifications before income tax benefit (expense) 47 57 45 Income (loss) before taxesIncome tax benefit (expense) (10) (12) (9)Federal income tax expense (benefit)Reclassifications, net of income tax$ 37 $ 45 $ 36 Net income (loss)