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Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
6 Months Ended
Jun. 30, 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
27

 
3

 
30

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(31
)
 
(27
)
 
(58
)
Unlocking (1)
2

 
10

 
12

Interest accrued
18

 
19

(2) 
37

Net amortization included in the Condensed Consolidated Statements of Operations
(11
)
 
2

 
(9
)
Change due to unrealized capital gains/losses on available-for-sale securities
(203
)
 
(183
)
 
(386
)
Balance as of June 30, 2019
$
349

 
$
373

 
$
722


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

 
$
367

 
$
752

Deferrals of commissions and expenses
27

 
3

 
30

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(36
)
 
(36
)
 
(72
)
Unlocking (1)
(32
)
 
(15
)
 
(47
)
Interest accrued
18

 
19

(2) 
37

Net amortization included in the Condensed Consolidated Statements of Operations
(50
)
 
(32
)
 
(82
)
Change due to unrealized capital gains/losses on available-for-sale securities
129

 
158

 
287

Balance as of June 30, 2018
$
491

 
$
496

 
$
987