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Financing Receivables (Tables)
 9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Rollforward of the Allowance for Loan Losses [Table Text Block]
The following tables present a rollforward of the allowance for credit losses for the nine months ended September 30:
 Commercial Loans
(in millions)
Balance, December 31, 2019 (1)
$20 
Cumulative effect of adoption of current expected credit losses guidance3 
Balance, January 1, 2020
23 
Provisions$13 
Balance, September 30, 2020
$36 
(1) Prior to January 1, 2020, the allowance for credit losses was based on an incurred loss model that did not require estimating expected credit losses over the expected life of the asset.
 Commercial Loans
(in millions)
Balance, January 1, 2019
$20 
Write-offs— 
Balance, September 30, 2019
$20 
Schedule of Commercial Mortgage Loans by Year of Origination and Loan-to-Value Ratio [Table Text Block]
The table below presents the amortized cost basis of commercial mortgage loans as of September 30, 2020 by year of origination and loan-to-value ratio:
Loan-to-Value Ratio20202019201820172016PriorTotal
(in millions)
> 100%$— $— $3 $— $— $10 $13 
80% - 100%15 16 9 3 5 21 69 
60% - 80%78 161 27 29 55 153 503 
40% - 60%13 44 74 152 107 563 953 
< 40%7 22 69 86 59 875 1,118 
Total$113 $243 $182 $270 $226 $1,622 $2,656 
Schedule of Commercial Mortgage Loans by Geographic Region [Table Text Block] Concentrations of credit risk of commercial mortgage loans by U.S. region were as follows:
 LoansPercentage
September 30, 2020December 31, 2019September 30, 2020December 31, 2019
(in millions)  
South Atlantic$689 $705 26 %26 %
Pacific787 792 30 30 
Mountain232 237 9 9 
West North Central195 207 7 8 
East North Central254 232 10 9 
Middle Atlantic172 167 6 6 
West South Central164 169 6 6 
New England48 47 2 2 
East South Central115 116 4 4 
 2,656 2,672 100 %100 %
Less: allowance for credit losses28 17   
Total$2,628 $2,655   
Schedule of Commercial Mortgage Loans by Property Type [Table Text Block]
Concentrations of credit risk of commercial mortgage loans by property type were as follows:
 LoansPercentage
September 30, 2020December 31, 2019September 30, 2020December 31, 2019
(in millions)  
Retail$860 $891 32 %33 %
Office378 404 14 15 
Apartments686 660 26 25 
Industrial407 404 15 15 
Mixed use77 66 3 3 
Hotel50 51 2 2 
Other198 196 8 7 
 2,656 2,672 100 %100 %
Less: allowance for credit losses28 17   
Total$2,628 $2,655   
Schedule of Syndicated Loans by Origination Year and Internal Risk Rating [Table Text Block]
The table below presents the amortized cost basis of syndicated loans as of September 30, 2020 by origination year and internal risk rating:
Internal Risk Rating20202019201820172016PriorTotal
(in millions)
Risk 5$— $— $1 $— $— $— $1 
Risk 4— 4 3 7 1 7 22 
Risk 3— 3 7 22 10 19 61 
Risk 215 40 48 53 16 36 208 
Risk 116 30 44 44 17 30 181 
Total$31 $77 $103 $126 $44 $92 $473