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Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
9 Months Ended
Sep. 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
29

 
4

 
33

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(52
)
 
(50
)
 
(102
)
Unlocking (1)
5

 
2

 
7

Interest accrued
26

 
29

(2) 
55

Net amortization included in the Condensed Consolidated Statements of Operations
(21
)
 
(19
)
 
(40
)
Change due to unrealized capital gains/losses on available-for-sale securities
(274
)
 
(246
)
 
(520
)
Balance as of September 30, 2019
$
270

 
$
290

 
$
560


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

 
$
367

 
$
752

Deferrals of commissions and expenses
40

 
5

 
45

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(55
)
 
(55
)
 
(110
)
Unlocking (1)
(25
)
 
26

 
1

Interest accrued
26

 
29

(2) 
55

Net amortization included in the Condensed Consolidated Statements of Operations
(54
)
 

 
(54
)
Change due to unrealized capital gains/losses on available-for-sale securities
144

 
174

 
318

Balance as of September 30, 2018
$
515

 
$
546

 
$
1,061