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Equity (Schedule of Reclassifications out of AOCI) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Investment related gains (losses), net $ 81 $ 12 $ (170) $ 29
Investment income 645 584 1,239 1,164
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 195 260 99 477
Income Tax Expense (Benefit) (37) (58) (29) (105)
Net income 158 202 70 372
Unrealized Appreciation Depreciation Of Investments [Member]        
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 141 83 0 98
Income Tax Expense (Benefit) (29) (17) (2) (20)
Net income 112 66 (2) 78
Unrealized Appreciation Depreciation Of Investments [Member] | Unrealized Gains Losses On Available For Sale Securities [Member]        
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Investment related gains (losses), net 11 20 (28) 20
Unrealized Appreciation Depreciation Of Investments [Member] | Interest Rate Swap [Member]        
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net [1] (1) 0 (1) 1
Unrealized Appreciation Depreciation Of Investments [Member] | Currency Swap [Member]        
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net [1] 0 0 0 0
Unrealized Appreciation Depreciation Of Investments [Member] | DAC Attributed To Unrealized Gains Losses [Member]        
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Deferred policy acquisition costs attributed to unrealized gains and losses [2] 131 63 (29) 77
Amortization Of Unrealized Pension And Postretirement Benefits [Member]        
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest (1) 0 (2) (2)
Income Tax Expense (Benefit)       1
Net income (1) 0 (2) (1)
Amounts Reclassified From AOCI [Member]        
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Net income 111 66 (4) 77
Prior Service Cost [Member] | Amortization Of Unrealized Pension And Postretirement Benefits [Member]        
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Prior service cost [3] 1 1 1 1
Actuarial Gains Losses [Member] | Amortization Of Unrealized Pension And Postretirement Benefits [Member]        
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]        
Actuarial gains/(losses) [3] $ (2) $ (1) $ 3 $ (3)
[1]
See Note 5 – “Derivative Instruments” for additional information on cash flow hedges.
[2]
This AOCI component is included in the computation of the deferred policy acquisition cost. See Note 8 – “Deferred Policy Acquisition Costs” of the 2019 Annual Report for additional details.
[3]
This AOCI component is included in the computation of the net periodic benefit cost. See Note 10 – “Employee Benefit Plans” for additional details.