XML 53 R48.htm IDEA: XBRL DOCUMENT v3.20.1
Fair Value Measurements - Level 3 Financial Instruments (Details) - Assets measured on recurring basis - Level 3 - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Assets held in separate accounts    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance $ 115.0 $ 61.0
Total Realized/Unrealized Gains (Losses) Included in Net Income (2.0) 1.0
Total Realized/Unrealized Gains (Losses) Included in OCI 0.0 0.0
Purchases 47.0 6.0
Issuances 0.0 0.0
Sales (1.0) 0.0
Settlements 0.0 0.0
Transfers in to Level 3 0.0 3.0
Transfers out of Level 3 (18.0) (4.0)
Fair Value, assets, ending balance 141.0 67.0
Change in Unrealized Gains (Losses) Included in Earnings 0.0 0.0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0.0  
Stabilizer (Investment Only) and MCG Contracts    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Fair Value, Derivatives, beginning balance (22.0) (4.0)
Total Realized/Unrealized Gains (Losses) Included in Net Income (171.0) 1.0
Total Realized/Unrealized Gains (Losses) Included in OCI 0.0 0.0
Purchases 0.0 0.0
Issues 0.0 (1.0)
Sales 0.0 0.0
Settlements 0.0 0.0
Transfers in to Level 3 0.0 0.0
Transfers out of Level 3 0.0 0.0
Fair Value, Derivatives, ending balance (193.0) (4.0)
Change In Unrealized Gains (Losses) Included in Earnings 0.0 0.0
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0.0  
FIA    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Fair Value, Derivatives, beginning balance (11.0) (11.0)
Total Realized/Unrealized Gains (Losses) Included in Net Income 2.0 (1.0)
Total Realized/Unrealized Gains (Losses) Included in OCI 0.0 0.0
Purchases 0.0 0.0
Issues 0.0 0.0
Sales 0.0 0.0
Settlements 0.0 1.0
Transfers in to Level 3 0.0 0.0
Transfers out of Level 3 0.0 0.0
Fair Value, Derivatives, ending balance (9.0) (11.0)
Change In Unrealized Gains (Losses) Included in Earnings 0.0 0.0
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0.0  
U.S. corporate public securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance 47.0 28.0
Total Realized/Unrealized Gains (Losses) Included in Net Income 0.0 0.0
Total Realized/Unrealized Gains (Losses) Included in OCI (1.0) 1.0
Purchases 0.0 0.0
Issuances 0.0 0.0
Sales 0.0 0.0
Settlements (2.0) 0.0
Transfers in to Level 3 0.0 23.0
Transfers out of Level 3 0.0 0.0
Fair Value, assets, ending balance 44.0 52.0
Change in Unrealized Gains (Losses) Included in Earnings 0.0 0.0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI (1.0)  
U.S. corporate private securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance 1,002.0 771.0
Total Realized/Unrealized Gains (Losses) Included in Net Income 0.0 0.0
Total Realized/Unrealized Gains (Losses) Included in OCI (51.0) 29.0
Purchases 26.0 102.0
Issuances 0.0 0.0
Sales (1.0) (6.0)
Settlements (43.0) (8.0)
Transfers in to Level 3 0.0 0.0
Transfers out of Level 3 (42.0) 0.0
Fair Value, assets, ending balance 891.0 888.0
Change in Unrealized Gains (Losses) Included in Earnings 0.0 0.0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI (51.0)  
Foreign corporate public securities and foreign governments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance 0.0  
Total Realized/Unrealized Gains (Losses) Included in Net Income 0.0  
Total Realized/Unrealized Gains (Losses) Included in OCI 0.0  
Purchases 3.0  
Issuances 0.0  
Sales 0.0  
Settlements 0.0  
Transfers in to Level 3 0.0  
Transfers out of Level 3 0.0  
Fair Value, assets, ending balance 3.0  
Change in Unrealized Gains (Losses) Included in Earnings 0.0  
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0.0  
Foreign corporate private securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance 190.0 124.0
Total Realized/Unrealized Gains (Losses) Included in Net Income (1.0) (17.0)
Total Realized/Unrealized Gains (Losses) Included in OCI (27.0) 23.0
Purchases 2.0 48.0
Issuances 0.0 0.0
Sales (3.0) (56.0)
Settlements 0.0 0.0
Transfers in to Level 3 3.0 0.0
Transfers out of Level 3 (5.0) 0.0
Fair Value, assets, ending balance 159.0 122.0
Change in Unrealized Gains (Losses) Included in Earnings 0.0 0.0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI (27.0)  
Residential mortgage-backed    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance 16.0 10.0
Total Realized/Unrealized Gains (Losses) Included in Net Income (1.0) (1.0)
Total Realized/Unrealized Gains (Losses) Included in OCI 0.0 0.0
Purchases 8.0 22.0
Issuances 0.0 0.0
Sales 0.0 0.0
Settlements 0.0 0.0
Transfers in to Level 3 0.0 0.0
Transfers out of Level 3 (8.0) 0.0
Fair Value, assets, ending balance 15.0 31.0
Change in Unrealized Gains (Losses) Included in Earnings (1.0) (1.0)
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0.0  
Commercial mortgage-backed    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance   12.0
Total Realized/Unrealized Gains (Losses) Included in Net Income   0.0
Total Realized/Unrealized Gains (Losses) Included in OCI   0.0
Purchases   0.0
Issuances   0.0
Sales   0.0
Settlements   (1.0)
Transfers in to Level 3   0.0
Transfers out of Level 3   0.0
Fair Value, assets, ending balance   11.0
Change in Unrealized Gains (Losses) Included in Earnings   0.0
Other asset-backed securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance 48.0 94.0
Total Realized/Unrealized Gains (Losses) Included in Net Income 0.0 0.0
Total Realized/Unrealized Gains (Losses) Included in OCI 0.0 0.0
Purchases 8.0 16.0
Issuances 0.0 0.0
Sales 0.0 0.0
Settlements (1.0) (1.0)
Transfers in to Level 3 0.0 0.0
Transfers out of Level 3 0.0 (20.0)
Fair Value, assets, ending balance 55.0 89.0
Change in Unrealized Gains (Losses) Included in Earnings 0.0 0.0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0.0  
Fixed maturities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance 1,303.0 1,039.0
Total Realized/Unrealized Gains (Losses) Included in Net Income (2.0) (18.0)
Total Realized/Unrealized Gains (Losses) Included in OCI (79.0) 53.0
Purchases 47.0 188.0
Issuances 0.0 0.0
Sales (4.0) (62.0)
Settlements (46.0) (10.0)
Transfers in to Level 3 3.0 23.0
Transfers out of Level 3 (55.0) (20.0)
Fair Value, assets, ending balance 1,167.0 1,193.0
Change in Unrealized Gains (Losses) Included in Earnings (1.0) (1.0)
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI (79.0)  
Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value, assets, beginning balance 63.0 50.0
Total Realized/Unrealized Gains (Losses) Included in Net Income (5.0) 1.0
Total Realized/Unrealized Gains (Losses) Included in OCI 0.0 0.0
Purchases 0.0 29.0
Issuances 0.0 0.0
Sales 0.0 0.0
Settlements 0.0 0.0
Transfers in to Level 3 0.0 0.0
Transfers out of Level 3 0.0 0.0
Fair Value, assets, ending balance 58.0 80.0
Change in Unrealized Gains (Losses) Included in Earnings (5.0) $ 0.0
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI $ 0.0