Shareholder's Equity (Tables)

6 Months Ended

Jun. 30, 2020

Stockholders' Equity Note [Abstract]

Schedule of components of OCI [Table Text Block]

15. Shareholder’s Equity

The following tables provide the amounts related to each component of OCI:


	Three Months Ended June 30,
	2020										2019
	Pretax		Income Tax Benefit (Expense)		Net of Tax		Pretax		Income Tax Benefit (Expense)		Net of Tax
	(in millions)
Net unrealized gains (losses) on securities:
Net unrealized gains (losses) on securities arising during the period ⁽¹⁾	$	1,310	$	(279)	$	1,031	$	522	$	(110)	$	412
Reclassification of net (gains) losses on securities included in net income ⁽²⁾	(3)		1		(2)		—		—		—
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables	(637)		134		(503)		(259)		55		(204)
Net unrealized gains (losses) on securities	670		(144)		526		263		(55)		208



Total other comprehensive income (loss)	$	670	$	(144)	$	526	$	263	$	(55)	$	208


	Six Months Ended June 30,
	2020										2019
	Pretax		Income Tax Benefit (Expense)		Net of Tax		Pretax		Income Tax Benefit (Expense)		Net of Tax
	(in millions)
Net unrealized gains (losses) on securities:
Net unrealized gains (losses) on securities arising during the period⁽¹⁾	$	292	$	(63)	$	229	$	1,121	$	(239)	$	882
Reclassification of net (gains) losses on securities included in net income⁽²⁾	5		(1)		4		(10)		2		(8)
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables	(129)		27		(102)		(499)		105		(394)
Net unrealized gains (losses) on securities	168		(37)		131		612		(132)		480




Total other comprehensive income (loss)	$	168	$	(37)	$	131	$	612	$	(132)	$	480

⁽¹⁾ Includes impairments on Available-for-Sale securities related to factors other than credit that were recognized in OCI during the period.

⁽²⁾ Reclassification amounts are recorded in net realized investment gains (losses).

Schedule of amounts reclassified from AOCI [Table Text Block]

The following tables present the changes in the balances of each component of AOCI, net of tax:


	Net Unrealized Gains (Losses) on Securities			Other		Total
	(in millions)
Balance, April 1, 2020	$	180		$	(1)	$	179
OCI before reclassifications	528			—		528
Amounts reclassified from AOCI	(2)			—		(2)
Total OCI	526			—		526
Balance, June 30, 2020	$	706	(1)	$	(1)	$	705

Balance, January 1, 2020	$	575		$	(1)	$	574
OCI before reclassifications	127			—		127
Amounts reclassified from AOCI	4			—		4
Total OCI	131			—		131
Balance, June 30, 2020	$	706	(1)	$	(1)	$	705


	Net Unrealized Gains (Losses) on Securities			Other		Total
	(in millions)
Balance, April 1, 2019	$	318		$	(1)	$	317
OCI before reclassifications	208			—		208
Amounts reclassified from AOCI	—			—		—
Total OCI	208			—		208
Balance, June 30, 2019	$	526	(1)	$	(1)	$	525

Balance, January 1, 2019	$	46		$	(1)	$	45
OCI before reclassifications	488			—		488
Amounts reclassified from AOCI	(8)			—		(8)
Total OCI	480			—		480
Balance, June 30, 2019	$	526	(1)	$	(1)	$	525

⁽¹⁾ Includes nil and $(2) million of noncredit related impairments on securities and net unrealized gains (losses) on previously impaired securities as of June 30, 2020 and June 30, 2019, respectively.