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Fair Value Measurements (Assets Measured At Fair Value Using Significant Unobservable Inputs) (Detail) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Level 3 | Foreign        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Balance- Beginning of Period, Assets $ 449 $ 345    
Transfers Into Level 3, Asset 0 3    
Transfers out of Level 3, Assets (3) (15)    
Asset, Net realized Gain (Loss) Included in Other Comprehensive Income (Loss) (14) 6    
Net Realized Gains/ (Losses), Assets (2) (1)    
Purchases, Assets 82 53    
Sales, Assets (46) (5)    
Settlements, Assets (1) (26)    
Balance-End of Period, Assets 465 360    
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss) 0 0    
Level 3 | Corporate securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Balance- Beginning of Period, Assets 1,451 1,299    
Transfers Into Level 3, Asset 91 5    
Transfers out of Level 3, Assets (1) 0    
Asset, Net realized Gain (Loss) Included in Other Comprehensive Income (Loss) (45) 4    
Net Realized Gains/ (Losses), Assets (13) 1    
Purchases, Assets 139 128 [1]    
Sales, Assets (19) (37)    
Settlements, Assets (101) (58)    
Balance-End of Period, Assets 1,502 1,342    
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss) (14) 0    
Level 3 | Mortgage-backed securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Balance- Beginning of Period, Assets 60 61    
Transfers Into Level 3, Asset 0 0    
Transfers out of Level 3, Assets 0 0    
Asset, Net realized Gain (Loss) Included in Other Comprehensive Income (Loss) 0 0    
Net Realized Gains/ (Losses), Assets 0 0    
Purchases, Assets 0 18    
Sales, Assets 0 0    
Settlements, Assets 0 (1)    
Balance-End of Period, Assets 60 78    
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss) 0 0    
Level 3 | Equity Securities [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0      
Balance- Beginning of Period, Assets 69 57    
Transfers Into Level 3, Asset 0 0    
Transfers out of Level 3, Assets 0 0    
Asset, Net realized Gain (Loss) Included in Other Comprehensive Income (Loss) 1 1    
Net Realized Gains/ (Losses), Assets (2) (2)    
Purchases, Assets 3 9    
Sales, Assets (4) (10)    
Settlements, Assets 0 0    
Balance-End of Period, Assets 67 55    
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss) (2) (1)    
Level 3 | Short-term Investments [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0      
Balance- Beginning of Period, Assets 6 1    
Transfers Into Level 3, Asset 0 0    
Transfers out of Level 3, Assets 0 0    
Asset, Net realized Gain (Loss) Included in Other Comprehensive Income (Loss) 0 0    
Net Realized Gains/ (Losses), Assets 0 0    
Purchases, Assets 1 0    
Sales, Assets 0 0    
Settlements, Assets (6) (1)    
Balance-End of Period, Assets 1 0    
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss) 0 0    
Level 3 | Other Long-term Investments [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0      
Balance- Beginning of Period, Assets 10 11    
Transfers Into Level 3, Asset 0 0    
Transfers out of Level 3, Assets 0 0    
Asset, Net realized Gain (Loss) Included in Other Comprehensive Income (Loss) 0 0    
Net Realized Gains/ (Losses), Assets 0 0    
Purchases, Assets 0 0    
Sales, Assets 0 0    
Settlements, Assets 0 0    
Balance-End of Period, Assets 10 11    
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss) 0 0    
Available-for-sale Securities [Member] | Level 3 | Foreign        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), OCI (15)      
Available-for-sale Securities [Member] | Level 3 | Corporate securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), OCI (44)      
Available-for-sale Securities [Member] | Level 3 | Mortgage-backed securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0      
Guaranteed Minimum Income Benefit [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value 1,141 338 $ 456 $ 452
Guaranteed Minimum Income Benefit [Member] | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss), OCI 0      
Guaranteed Minimum Income Benefit [Member] | Fair Value, Recurring [Member] | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value [2] 1,141   456 [3]  
Guaranteed Minimum Income Benefit [Member] | Guarantees [Member] | Level 3        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value $ 1,141 [4] $ 338 [5] $ 456 [4] $ 452 [5]
[1]
  
Assets
 
 
Liabilities

Three Months Ended
Available-for-Sale Debt Securities
 
 
Equity
securities

 
Short-term investments

 
Other
investments

 
GLB (1)

March 31, 2019
Foreign

 
Corporate securities

 
MBS

 
 
(in millions of U.S. dollars)
 
 
 
 
Balance – beginning of period
$
345

 
$
1,299

 
$
61

 
$
57

 
$
1

 
$
11

 
$
452

Transfers into Level 3
3

 
5

 

 

 

 

 

Transfers out of Level 3
(15
)
 

 

 

 

 

 

Change in Net Unrealized Gains/Losses in OCI, including foreign exchange
6

 
4

 

 
1

 

 

 

Net Realized Gains/Losses
(1
)
 
1

 

 
(2
)
 

 

 
(114
)
Purchases
53

 
128

 
18

 
9

 

 

 

Sales
(5
)
 
(37
)
 

 
(10
)
 

 

 

Settlements
(26
)
 
(58
)
 
(1
)
 

 
(1
)
 

 

Balance – end of period
$
360

 
$
1,342

 
$
78

 
$
55

 
$

 
$
11

 
$
338

Net Realized Gains/Losses Attributable to Changes in Fair Value at the Balance Sheet Date
$

 
$

 
$

 
$
(1
)
 
$

 
$

 
$
(114
)

[2]
The weighted average lapse and annuitization rates are determined by weighting each treaty's rates by the GLB contracts fair value.
[3]
Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets.
[4] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $1,591 million at March 31, 2020, and $897 million at December 31, 2019, which includes a fair value derivative adjustment of $1,141 million and $456 million, respectivel
[5] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $741 million at March 31, 2019, and $861 million at December 31, 2018, which includes a fair value derivative adjustment of $338 million and $452 million, respectively