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REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS - Cash Flow (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flow from operating activities:                          
Net income (loss)                       $ (339) $ 3,323
Net income (loss) $ (944) $ (4,086) $ 5,750 $ (264) $ 268 $ (849) $ 1,664 $ (581) $ 720 $ (845) $ (1,884) (902) 2,791
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:                          
Policy charges and fee income (853) (824) (905) (899) (863) (857) (1,729) (1,720) (2,582) (2,619) (3,487) (3,515) (3,289)
Interest credited to policyholder's account balances 277   289 296 291 272   563 845 859 1,149 979  
Net derivative (gains) losses   5,908 (9,532) 343 179 1,558 (3,624) 1,737 (2,097) 2,080 3,831 1,034 (854)
Amortization and depreciation     990     127 1,130 250   271 391 360 850
Capitalization of DAC                 (414) (466) (648) (592)  
Future policy benefits     1,846     75 1,686 118 1,811 1,075 1,084 (330) 1,197
Reinsurance recoverable     (96)       (149) (59)   (127)      
Current and deferred income taxes     1,465     49 439 94 502 (86) (329) (563)  
Net cash provided by (used in) operating activities     (609)     (148) (868) (283) (637) (712) (606) 1,418 (381)
Cash flows from financing activities:                          
Change in collateralized pledged assets     44       58   58 3      
Change in collateralized pledged liabilities     656       247   (1,981) (1,898)      
Net cash provided by (used in) financing activities     2,492       2,308   7,256 7,228      
Cash and cash equivalents $ 3,962 4,318 7,492 1,553 3,093 2,922 4,318 3,093 $ 3,962 1,553 1,492 2,622 3,409
Net income (loss) from discontinued operations                       563 533
As Previously Reported                          
Cash flow from operating activities:                          
Net income (loss)                       (358) 3,377
Net income (loss)   (4,091) 5,736 (262) 265 (828) 1,645 (563)   (825) (1,846) (921) 2,844
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:                          
Policy charges and fee income   (825) (904) (853) (865) (859) (1,729) (1,724)   (2,577) (3,450) (3,523) (3,294)
Interest credited to policyholder's account balances     289 280 288 269   557   837 1,127 1,002  
Net derivative (gains) losses   5,903 (9,533) 342 178 1,555 (3,630) 1,733   2,075 3,820 1,010 (870)
Amortization and depreciation     1,025     143 1,181 268   267 323 340 825
Capitalization of DAC                     (648) (597)  
Future policy benefits     1,817     41 1,666 91   1,035 1,115 (284) 1,189
Reinsurance recoverable     (97)       (149) (59)   (123)      
Current and deferred income taxes     1,462     54 433 99   (81) (334) (556)  
Net cash provided by (used in) operating activities     (621)     (148) (868) (283)   (712) (606) 1,418 (381)
Cash flows from financing activities:                          
Change in collateralized pledged assets     45       58            
Change in collateralized pledged liabilities     667       247            
Net cash provided by (used in) financing activities     2,504       2,308            
Cash and cash equivalents   4,318 7,492 1,553 3,093 2,922 4,318 3,093   1,553 1,492 2,622 3,409
Impact of Revisions                          
Cash flow from operating activities:                          
Net income (loss)                       19 (54)
Net income (loss)   5 14 (2) 3 (21) 19 (18)   (20) (38) 19 (53)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:                          
Policy charges and fee income   1 (1) (46) 2 2 0 4   (42) (37) 8 5
Interest credited to policyholder's account balances     0 16 3 3   6   22 22 (23)  
Net derivative (gains) losses   5 1 1 1 3 6 4   5 11 24 16
Amortization and depreciation     (35)     (16) (51) (18)   4 68 20 25
Capitalization of DAC                     0 5  
Future policy benefits     29     34 20 27   40 (31) (46) 8
Reinsurance recoverable     1       0 0   (4)      
Current and deferred income taxes     3     (5) 6 (5)   (5) 5 (7)  
Net cash provided by (used in) operating activities     12     0 0 0   0 0 0 0
Cash flows from financing activities:                          
Change in collateralized pledged assets     (1)       0            
Change in collateralized pledged liabilities     (11)       0            
Net cash provided by (used in) financing activities     (12)       0            
Cash and cash equivalents   $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0   $ 0 $ 0 $ 0 $ 0