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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 523 $ 409
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 3,950 4,014
Sales, maturities and repayments of equity securities 6 5
Sales, maturities and repayments of mortgage loans 255 169
Sales, maturities and repayments of real estate limited partnerships and limited liability companies 1 74
Sales, maturities and repayments of other limited partnership interests 76 42
Purchases of fixed maturity securities (3,712) (3,767)
Purchases of equity securities 0 (1)
Purchases of mortgage loans (1,076) (739)
Purchases of real estate limited partnerships and limited liability companies (4) (15)
Purchases of other limited partnership interests (106) (38)
Cash received in connection with freestanding derivatives 313 711
Cash paid in connection with freestanding derivatives (302) (1,413)
Net change in policy loans 34 (1)
Net change in short-term investments (506) 54
Net change in other invested assets 50 23
Net cash provided by (used in) investing activities (1,021) (882)
Cash flows from financing activities    
Policyholder account balances: Deposits 1,724 1,364
Policyholder account balances: Withdrawals (893) (750)
Net change in payables for collateral under securities loaned and other transactions (1,070) 80
Long-term debt issued 412 0
Long-term debt repaid (1) (3)
Financing element on certain derivative instruments and other derivative related transactions, net (11) (157)
Other, net (13) (13)
Net cash provided by (used in) financing activities 148 521
Change in cash, cash equivalents and restricted cash (350) 48
Cash, cash equivalents and restricted cash, beginning of period 3,494 1,363
Cash, cash equivalents and restricted cash, end of period 3,144 1,411
Supplemental disclosures of cash flow information    
Net cash paid (received) for interest 1 0
Net cash paid (received) for income tax $ (1) $ 0