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FAIR VALUE DISCLOSURES - Level 3 Unobservable Input Reconciliation (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net $ (12) $ (5) $ (20) $ 82
Transfers into level 3     14 65
Transfers out of Level 3     (73) (28)
Corporate        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     0 0
Investment gains (losses), net     0 0
Other comprehensive income (loss)     10 (7)
Corporate | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 1,169 1,229 1,174 1,139
Total gains (losses), realized and unrealized, included in:        
Investment Income, Net 2 3 3 5
Investment gains (losses), net 0 0 0 0
Subtotal 2 3 3 5
Other comprehensive income (loss) 1 6 10 (14)
Purchases 151 27 221 200
Sales (26) (99) (59) (215)
Transfers into level 3 (3) (2) 14 65
Transfers out of Level 3 (4) (12) (73) (28)
Closing Balance 1,290 1,152 1,290 1,152
Asset- backed        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     0 0
Investment gains (losses), net     0 0
Other comprehensive income (loss)     5 (1)
Asset- backed | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 534 7 519 8
Total gains (losses), realized and unrealized, included in:        
Investment Income, Net 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 1 (1) 5 (1)
Purchases (1) 533 10 533
Sales 0 (1) 0 (2)
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 534 538 534 538
State and Political Sub-divisions        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     0 0
Investment gains (losses), net     0 0
Other comprehensive income (loss)     2 (1)
State and Political Sub-divisions | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 39 39 38 40
Total gains (losses), realized and unrealized, included in:        
Investment Income, Net 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 1 0 2 (1)
Purchases 0 0 0 0
Sales (1) (1) (1) (1)
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 39 38 39 38
Other Equity Investments | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 18 31 48 25
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net 0 0 0 0
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value Nonperformance Risk 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Activity related to consolidated VIEs (2) (3) (3) (2)
Transfers into level 3 0 0 0 5
Transfers out of Level 3 0 (5) (29) (5)
Closing Balance 16 23 16 23
Fair Value Assets Measured On Recurring Basis Gain Loss Included In Reinsurance Contracts 0 0 0 0
GMIB Reinsurance Asset        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     0 0
Investment gains (losses), net     217 (1,233)
Other comprehensive income (loss)     0 0
GMIB Reinsurance Asset | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 2,009 9,674 1,991 10,488
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net 0 0 0 0
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value Nonperformance Risk 12 (1) 52 (57)
Subtotal 190 (392) 217 (1,233)
Other comprehensive income (loss) 0 0 0 0
Purchases 11 17 23 71
Sales (14) (11) (35) (38)
Settlements 0 (7,463) 0 (7,463)
Activity related to consolidated VIEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 2,196 1,825 2,196 1,825
Fair Value Assets Measured On Recurring Basis Gain Loss Included In Reinsurance Contracts 178 (391) 165 (1,176)
Separate Accounts Assets        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     5 14
Investment gains (losses), net     0 0
Other comprehensive income (loss)     0 0
Separate Accounts Assets | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 383 357 374 349
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net 5 7 12 14
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value Nonperformance Risk 0 0 0 0
Subtotal 5 7 12 14
Other comprehensive income (loss) 0 0 0 0
Purchases 3 (1) 7 2
Sales 0 0 0 (1)
Settlements (2) (2) (3) (3)
Activity related to consolidated VIEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 (1) 0
Closing Balance 389 361 389 361
Fair Value Assets Measured On Recurring Basis Gain Loss Included In Reinsurance Contracts 0 0 0 0
GMxB derivative features liability        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     0 0
Investment gains (losses), net     (1,116) 928
Other comprehensive income (loss)     0 0
Guaranteed Income Benefit Guaranteed Withdrawal Benefit And Other Features Liability [Member] | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance (5,944) (3,862) (5,431) (4,256)
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net 0 0 0 0
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value Nonperformance Risk 0 72 (460) 121
Subtotal (707) 443 (1,116) 928
Other comprehensive income (loss) 0 0 0 0
Purchases (103) (116) (210) (209)
Sales 5 1 8 3
Settlements 0 0 0 0
Activity related to consolidated VIEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance (6,749) (3,534) (6,749) (3,534)
Fair Value Assets Measured On Recurring Basis Gain Loss Included In Reinsurance Contracts $ (707) $ 371 $ (656) $ 807