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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 1,643 $ 1,960
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 11,160 11,533
Sales, maturities and repayments of equity securities 29 15
Sales, maturities and repayments of mortgage loans 924 443
Sales, maturities and repayments of real estate limited partnerships and limited liability companies 2 87
Sales, maturities and repayments of other limited partnership interests 203 137
Purchases of fixed maturity securities (12,982) (11,802)
Purchases of equity securities (3) (1)
Purchases of mortgage loans (2,625) (2,771)
Purchases of real estate limited partnerships and limited liability companies (13) (31)
Purchases of other limited partnership interests (308) (194)
Cash received in connection with freestanding derivatives 1,178 1,140
Cash paid in connection with freestanding derivatives (1,704) (2,284)
Issuance of loan to affiliate 0 (2)
Net change in policy loans 86 80
Net change in short-term investments (1,477) 154
Net change in other invested assets 21 35
Net cash provided by (used in) investing activities (5,509) (3,461)
Cash flows from financing activities    
Policyholder account balances: Deposits 5,279 4,259
Policyholder account balances: Withdrawals (1,963) (2,129)
Net change in payables for collateral under securities loaned and other transactions 224 (125)
Long-term debt issued 412 200
Long-term debt repaid (1) (9)
Financing element on certain derivative instruments and other derivative related transactions, net 179 (386)
Other, net (38) (39)
Net cash provided by (used in) financing activities 4,092 1,771
Change in cash, cash equivalents and restricted cash 226 270
Cash, cash equivalents and restricted cash, beginning of period 3,494 1,363
Cash, cash equivalents and restricted cash, end of period 3,720 1,633
Supplemental disclosures of cash flow information    
Net cash paid (received) for interest 30 2
Net cash paid (received) for income tax $ 0 $ 3