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Deferred Policy Acquisition Costs, Value of Business Acquired and Other Policy-Related Intangibles
12 Months Ended
Dec. 31, 2019
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Net [Abstract]  
Intangible Assets Disclosure [Text Block]
5. Deferred Policy Acquisition Costs, Value of Business Acquired and Other Intangibles
See Note 1 for a description of capitalized acquisition costs.
Information regarding DAC and VOBA was as follows:
 
Years Ended December 31,
 
2019
 
2018
 
2017
 
(In millions)
DAC:
 
 
 
 
 
Balance at January 1,
$
4,518

 
$
5,015

 
$
5,667

Capitalizations
365

 
319

 
256

Amortization related to net investment gains (losses) and net derivative gains (losses)
220

 
(370
)
 
127

All other amortization
(586
)
 
(535
)
 
(958
)
Total amortization
(366
)
 
(905
)
 
(831
)
Unrealized investment gains (losses)
(190
)
 
89

 
(77
)
Balance at December 31,
4,327

 
4,518

 
5,015

VOBA:
 
 
 
 
 
Balance at January 1,
568

 
608

 
672

Amortization related to net investment gains (losses) and net derivative gains (losses)
(1
)
 
(1
)
 
(9
)
All other amortization
(28
)
 
(105
)
 
(76
)
Total amortization
(29
)
 
(106
)
 
(85
)
Unrealized investment gains (losses)
(57
)
 
66

 
21

Balance at December 31,
482

 
568

 
608

Total DAC and VOBA:
 
 
 
 
 
Balance at December 31,
$
4,809

 
$
5,086

 
$
5,623


Information regarding total DAC and VOBA by segment, as well as Corporate & Other, was as follows at:
 
December 31,
 
2019
 
2018
 
(In millions)
Annuities
$
4,168

 
$
4,357

Life
539

 
613

Run-off
5

 
5

Corporate & Other
97

 
111

Total
$
4,809

 
$
5,086


Information regarding other intangibles was as follows:
 
Years Ended December 31,
 
2019
 
2018
 
2017
 
(In millions)
DSI:
 
 
 
 
 
Balance at January 1,
$
391

 
$
411

 
$
432

Capitalization
2

 
2

 
2

Amortization
(36
)
 
(39
)
 
(12
)
Unrealized investment gains (losses)
5

 
17

 
(11
)
Balance at December 31,
$
362

 
$
391

 
$
411

VODA:
 
 
 
 
 
Balance at January 1,
$
91

 
$
105

 
$
120

Amortization
(13
)
 
(14
)
 
(15
)
Balance at December 31,
$
78

 
$
91

 
$
105

Accumulated amortization
$
182

 
$
169

 
$
155

The estimated future amortization expense to be reported in other expenses for the next five years is as follows:
 
VOBA
 
VODA
 
(In millions)
2020
$
69

 
$
12

2021
$
61

 
$
10

2022
$
53

 
$
9

2023
$
46

 
$
8

2024
$
41

 
$
7