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Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
3 Months Ended
Mar. 31, 2019
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Net [Abstract]  
Deferred Policy Acquisition Costs and Value of Business Acquired The following tables present a rollforward of DAC and VOBA for the periods indicated:

 
2019
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2019
$
536

 
$
551

 
$
1,087

Deferrals of commissions and expenses
13

 
2

 
15

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(17
)
 
(16
)
 
(33
)
Unlocking (1)

*
9

 
9

Interest accrued
9

 
9

(2) 
18

Net amortization included in the Condensed Consolidated Statements of Operations
(8
)
 
2

 
(6
)
Change due to unrealized capital gains/losses on available-for-sale securities
(113
)
 
(107
)
 
(220
)
Balance as of March 31, 2019
$
428

 
$
448

 
$
876


 
2018
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2018
$
385

 
$
367

 
$
752

Deferrals of commissions and expenses
15

 
2

 
17

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(18
)
 
(20
)
 
(38
)
Unlocking (1)
(29
)
 
(17
)
 
(46
)
Interest accrued
9

 
10

(2) 
19

Net amortization included in the Condensed Consolidated Statements of Operations
(38
)
 
(27
)
 
(65
)
Change due to unrealized capital gains/losses on available-for-sale securities
85

 
108

 
193

Balance as of March 31, 2018
$
447

 
$
450

 
$
897