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Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
 3 Months Ended
Mar. 31, 2020
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:
 
2020
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2020
$
288

 
$
305

 
$
593

Impact of ASU 2016-13

2

 
—

 
2

Deferrals of commissions and expenses
13

 
—

 
13

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(22
)
 
(21
)
 
(43
)
Unlocking (1)
(3
)
 
(9
)
 
(12
)
Interest accrued
9

 
9

(2) 
18

Net amortization included in the Condensed Consolidated Statements of Operations
(16
)
 
(21
)
 
(37
)
Change due to unrealized capital gains/losses on available-for-sale securities
177

 
178

 
355

Balance as of March 31, 2020
$
464

 
$
462

 
$
926


 
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