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Policy Claims and Benefits (Tables)
 3 Months Ended
Mar. 31, 2020
Insurance [Abstract]  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]
The liability for unpaid claims is reported in future policy benefits and other policy claims and benefits on the Company’s condensed consolidated balance sheets. Activity associated with unpaid claims is summarized below (dollars in millions):
 
 
Three months ended March 31,
 
 
2020
 
2019
Balance at beginning of year
 
$
6,786

 
$
6,585

Less: reinsurance recoverable
 
(564
)
 
(433
)
Net balance at beginning of year
 
6,222

 
6,152

Incurred:
 
 
 
 
Current year
 
2,838

 
2,808

Prior years
 
11

 
31

Total incurred
 
2,849

 
2,839

Payments:
 
 
 
 
Current year
 
(131
)
 
(187
)
Prior years
 
(2,342
)
 
(2,387
)
Total payments
 
(2,473
)
 
(2,574
)
Other changes:
 
 
 
 
Interest accretion
 
9

 
7

Foreign exchange adjustments
 
(283
)
 
10

Total other changes
 
(274
)
 
17

 
 
 
 
 
Net balance at end of period
 
6,324

 
6,434

Plus: reinsurance recoverable
 
580

 
500

Balance at end of period
 
$
6,904

 
$
6,934