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Commitments, Contingencies, And Guarantees (Balance Sheet Locations, Fair Values In Asset Or (Liability) Position, And Notional Values/Payment Provisions Of Derivative Instruments) (Detail) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Derivatives, Fair Value [Line Items]        
Future policy benefits $ 5,776 $ 5,814    
Foreign currency forward contracts        
Derivatives, Fair Value [Line Items]        
Derivative, Notional Amount 2,639 2,579    
Options/Futures contracts on notes, bonds, and equities        
Derivatives, Fair Value [Line Items]        
Derivative, Notional Amount 1,116 1,615    
Convertible securities        
Derivatives, Fair Value [Line Items]        
Derivative, Notional Amount [1] 5 5    
Total investment and embedded derivative instruments        
Derivatives, Fair Value [Line Items]        
Fair Value, Asset 51 28    
Derivative, Notional Amount 3,760 4,199    
Futures contracts on equities        
Derivatives, Fair Value [Line Items]        
Derivative, Notional Amount [2] 514 613    
Other        
Derivatives, Fair Value [Line Items]        
Derivative, Notional Amount 103 63    
Other Derivative Instruments [Member]        
Derivatives, Fair Value [Line Items]        
Derivative, Notional Amount 617 676    
Guaranteed Minimum Income Benefit [Member]        
Derivatives, Fair Value [Line Items]        
Fair Value, Asset [3] 0 0    
Derivative, Notional Amount [3] 2,680 1,510    
Future policy benefits 450 441    
Other Assets [Member] | Foreign currency forward contracts        
Derivatives, Fair Value [Line Items]        
Fair Value, Asset 32 11    
Other Assets [Member] | Options/Futures contracts on notes, bonds, and equities        
Derivatives, Fair Value [Line Items]        
Fair Value, Asset 15 13    
Other Assets [Member] | Futures contracts on equities        
Derivatives, Fair Value [Line Items]        
Fair Value, Asset [2] 17 0    
Other Assets [Member] | Other        
Derivatives, Fair Value [Line Items]        
Fair Value, Asset 2 2    
Other Assets [Member] | Other Derivative Instruments [Member]        
Derivatives, Fair Value [Line Items]        
Fair Value, Asset 19 2    
Fixed Maturities [Member] | Convertible securities        
Derivatives, Fair Value [Line Items]        
Fair Value, Asset [1] 4 4    
Equity Securities [Member] | Convertible securities        
Derivatives, Fair Value [Line Items]        
Fair Value, Liability [1] 0 0    
Accounts Payable, Accrued Expenses, And Other Liabilities [Member] | Foreign currency forward contracts        
Derivatives, Fair Value [Line Items]        
Fair Value, Liability (109) (78)    
Accounts Payable, Accrued Expenses, And Other Liabilities [Member] | Options/Futures contracts on notes, bonds, and equities        
Derivatives, Fair Value [Line Items]        
Fair Value, Liability (32) (15)    
Accounts Payable, Accrued Expenses, And Other Liabilities [Member] | Total investment and embedded derivative instruments        
Derivatives, Fair Value [Line Items]        
Fair Value, Liability (141) (93)    
Accounts Payable, Accrued Expenses, And Other Liabilities [Member] | Futures contracts on equities        
Derivatives, Fair Value [Line Items]        
Fair Value, Liability [2] 0 (13)    
Accounts Payable, Accrued Expenses, And Other Liabilities [Member] | Other        
Derivatives, Fair Value [Line Items]        
Fair Value, Liability 0 0    
Accounts Payable, Accrued Expenses, And Other Liabilities [Member] | Other Derivative Instruments [Member]        
Derivatives, Fair Value [Line Items]        
Fair Value, Liability 0 (13)    
Balance Sheet Location Accounts Payable Future Policy Benefits [Member] | Guaranteed Minimum Income Benefit [Member]        
Derivatives, Fair Value [Line Items]        
Fair Value, Liability [3] (1,591) (897)    
Guaranteed Minimum Income Benefit [Member]        
Derivatives, Fair Value [Line Items]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value 1,141 456 $ 338 $ 452
Guaranteed Benefit Liability, Net 1,591 897 $ 741 $ 861
Guaranteed Minimum Income Benefit [Member] | Fair Value, Recurring [Member] | Level 3        
Derivatives, Fair Value [Line Items]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value [4] $ 1,141 $ 456 [5]    
[1]
Includes fair value of embedded derivatives.
[2]
Related to GMDB and GLB book of business.
[3]
Includes both future policy benefits reserves of $450 million and $441 million and fair value derivative adjustment of $1,141 million and $456 million at March 31, 2020 and December 31, 2019, respectively. Note that the payment provision related to GLB is the net amount at risk. The concept of a notional value does not apply to the GLB reinsurance contracts.
[4]
The weighted average lapse and annuitization rates are determined by weighting each treaty's rates by the GLB contracts fair value.
[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.