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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 1,081 $ 1,339
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 8,687 7,499
Sales, maturities and repayments of equity securities 16 12
Sales, maturities and repayments of mortgage loans 533 297
Sales, maturities and repayments of real estate limited partnerships and limited liability companies 1 82
Sales, maturities and repayments of other limited partnership interests 141 75
Purchases of fixed maturity securities (8,972) (7,310)
Purchases of equity securities (3) (1)
Purchases of mortgage loans (1,972) (1,916)
Purchases of real estate limited partnerships and limited liability companies (8) (27)
Purchases of other limited partnership interests (199) (99)
Cash received in connection with freestanding derivatives 724 721
Cash paid in connection with freestanding derivatives (1,341) (1,569)
Net change in policy loans 74 63
Net change in short-term investments (384) 154
Net change in other invested assets 39 (6)
Net cash provided by (used in) investing activities (2,664) (2,025)
Cash flows from financing activities    
Policyholder account balances: Deposits 3,522 2,720
Policyholder account balances: Withdrawals (1,465) (1,519)
Net change in payables for collateral under securities loaned and other transactions (969) 97
Long-term debt issued 412 0
Long-term debt repaid (1) (6)
Financing element on certain derivative instruments and other derivative related transactions, net 44 (226)
Other, net (27) (26)
Net cash provided by (used in) financing activities 1,516 1,040
Change in cash, cash equivalents and restricted cash (67) 354
Cash, cash equivalents and restricted cash, beginning of period 3,494 1,363
Cash, cash equivalents and restricted cash, end of period 3,427 1,717
Supplemental disclosures of cash flow information    
Net cash paid (received) for interest 1 5
Net cash paid (received) for income tax $ 0 $ 2