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Fair Values of Assets and Liabilities (Recurring) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Assets    
Available-for-Sale securities $ 19,742 $ 20,902
Separate account assets at NAV 70,842 82,425
Liabilities    
Individual contracts in a liability position [1] 7,436 5,168
Individual contracts in an asset position [2] 5,690 4,283
Cumulative increase (decrease) in embedded derivatives of adjustment for nonperformance risk (2,700) (502)
GMWB and GMAB embedded derivatives [Member]    
Liabilities    
Individual contracts in a liability position 3,300 981
Individual contracts in an asset position 12 218
Recurring basis [Member]    
Assets    
Available-for-Sale securities 19,742 20,902
Cash equivalents 5,020 1,256
Other assets 5,690 4,283
Separate account assets at NAV [3] 70,842 82,425
Total assets at fair value 101,294 108,866
Liabilities    
Policyholder account balances, future policy benefits and claims 4,027 [4] 1,690 [5]
Other liabilities 3,409 3,478
Total liabilities at fair value 7,436 5,168
Recurring basis [Member] | Interest rate derivative contracts [Member]    
Assets    
Other assets 3,097 1,451
Liabilities    
Other liabilities 1,238 418
Recurring basis [Member] | Equity derivative contracts [Member]    
Assets    
Other assets 2,543 2,812
Liabilities    
Other liabilities 2,157 3,054
Recurring basis [Member] | Foreign exchange derivative contracts [Member]    
Assets    
Other assets 37 16
Liabilities    
Other liabilities 14 6
Recurring basis [Member] | Credit derivative contracts [Member]    
Assets    
Other assets 13 4
Recurring basis [Member] | Fixed deferred indexed annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 35 46
Recurring basis [Member] | IUL embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 725 881
Recurring basis [Member] | GMWB and GMAB embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 3,276 [6] 763 [7]
Recurring basis [Member] | Structured annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims (9)  
Recurring basis [Member] | Corporate debt securities [Member]    
Assets    
Available-for-Sale securities 10,443 11,522
Recurring basis [Member] | Residential mortgage backed securities [Member]    
Assets    
Available-for-Sale securities 3,178 3,108
Recurring basis [Member] | Commercial mortgage backed securities [Member]    
Assets    
Available-for-Sale securities 3,638 3,618
Recurring basis [Member] | State and municipal obligations [Member]    
Assets    
Available-for-Sale securities 1,272 1,306
Recurring basis [Member] | Asset backed securities [Member]    
Assets    
Available-for-Sale securities 963 1,080
Recurring basis [Member] | Foreign government bonds and obligations [Member]    
Assets    
Available-for-Sale securities 247 267
Recurring basis [Member] | U.S. government and agencies obligations [Member]    
Assets    
Available-for-Sale securities 1 1
Level 1 [Member] | Recurring basis [Member]    
Assets    
Available-for-Sale securities 1 1
Cash equivalents 1,920  
Other assets 662 163
Total assets at fair value 2,583 164
Liabilities    
Other liabilities 296 37
Total liabilities at fair value 296 37
Level 1 [Member] | Recurring basis [Member] | Interest rate derivative contracts [Member]    
Assets    
Other assets 1  
Level 1 [Member] | Recurring basis [Member] | Equity derivative contracts [Member]    
Assets    
Other assets 661 162
Liabilities    
Other liabilities 293 36
Level 1 [Member] | Recurring basis [Member] | Foreign exchange derivative contracts [Member]    
Assets    
Other assets   1
Liabilities    
Other liabilities 3 1
Level 1 [Member] | Recurring basis [Member] | U.S. government and agencies obligations [Member]    
Assets    
Available-for-Sale securities 1 1
Level 2 [Member] | Recurring basis [Member]    
Assets    
Available-for-Sale securities 18,703 19,760
Cash equivalents 3,100 1,256
Other assets 5,028 4,120
Total assets at fair value 26,831 25,136
Liabilities    
Policyholder account balances, future policy benefits and claims 2 3
Other liabilities 3,113 3,441
Total liabilities at fair value 3,115 3,444
Level 2 [Member] | Recurring basis [Member] | Interest rate derivative contracts [Member]    
Assets    
Other assets 3,096 1,451
Liabilities    
Other liabilities 1,238 418
Level 2 [Member] | Recurring basis [Member] | Equity derivative contracts [Member]    
Assets    
Other assets 1,882 2,650
Liabilities    
Other liabilities 1,864 3,018
Level 2 [Member] | Recurring basis [Member] | Foreign exchange derivative contracts [Member]    
Assets    
Other assets 37 15
Liabilities    
Other liabilities 11 5
Level 2 [Member] | Recurring basis [Member] | Credit derivative contracts [Member]    
Assets    
Other assets 13 4
Level 2 [Member] | Recurring basis [Member] | Fixed deferred indexed annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 2 3
Level 2 [Member] | Recurring basis [Member] | Corporate debt securities [Member]    
Assets    
Available-for-Sale securities 9,722 10,787
Level 2 [Member] | Recurring basis [Member] | Residential mortgage backed securities [Member]    
Assets    
Available-for-Sale securities 3,161 3,091
Level 2 [Member] | Recurring basis [Member] | Commercial mortgage backed securities [Member]    
Assets    
Available-for-Sale securities 3,638 3,618
Level 2 [Member] | Recurring basis [Member] | State and municipal obligations [Member]    
Assets    
Available-for-Sale securities 1,272 1,306
Level 2 [Member] | Recurring basis [Member] | Asset backed securities [Member]    
Assets    
Available-for-Sale securities 663 691
Level 2 [Member] | Recurring basis [Member] | Foreign government bonds and obligations [Member]    
Assets    
Available-for-Sale securities 247 267
Level 3 [Member] | Recurring basis [Member]    
Assets    
Available-for-Sale securities 1,038 1,141
Total assets at fair value 1,038 1,141
Liabilities    
Policyholder account balances, future policy benefits and claims 4,025 1,687
Total liabilities at fair value 4,025 1,687
Level 3 [Member] | Recurring basis [Member] | Fixed deferred indexed annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 33 43
Level 3 [Member] | Recurring basis [Member] | IUL embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 725 881
Level 3 [Member] | Recurring basis [Member] | GMWB and GMAB embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 3,276 763
Level 3 [Member] | Recurring basis [Member] | Structured annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims (9)  
Level 3 [Member] | Recurring basis [Member] | Corporate debt securities [Member]    
Assets    
Available-for-Sale securities 721 735
Level 3 [Member] | Recurring basis [Member] | Residential mortgage backed securities [Member]    
Assets    
Available-for-Sale securities 17 17
Level 3 [Member] | Recurring basis [Member] | Asset backed securities [Member]    
Assets    
Available-for-Sale securities $ 300 $ 389
[1] The fair value of freestanding derivative liabilities is included in Other liabilities on the Consolidated Balance Sheets. The fair value of GMWB and GMAB, IUL, indexed annuity and structured annuity embedded derivatives is included in Policyholder account balances, future policy benefits and claims on the Consolidated Balance Sheets.
[2] The fair value of freestanding derivative assets is included in Other assets on the Consolidated Balance Sheets.
[3]
Amounts are comprised of certain financial instruments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient and have not been classified in the fair value hierarchy.
[4]
The Company’s adjustment for nonperformance risk resulted in a $(2.7) billion cumulative increase (decrease) to the embedded derivatives as of March 31, 2020.
[5]
The Company’s adjustment for nonperformance risk resulted in a $(502) million cumulative increase (decrease) to the embedded derivatives as of December 31, 2019.
[6]
The fair value of the GMWB and GMAB embedded derivatives included $3.3 billion of individual contracts in a liability position and $12 million of individual contracts in an asset position as of March 31, 2020.
[7]
The fair value of the GMWB and GMAB embedded derivatives included $981 million of individual contracts in a liability position and $218 million of individual contracts in an asset position as of December 31, 2019.