XML 112 R97.htm IDEA: XBRL DOCUMENT v3.22.0.1
Fair Value of Assets and Liabilities (Financial Instruments where Carrying Amounts and Fair Values May Differ) (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]        
Mortgage loans on real estate $ 6,283 $ 5,787    
Policy loans 1,234 1,258    
Funds withheld at interest 6,954 5,432    
Cash and cash equivalents 2,948 3,408 $ 1,449 $ 1,890
Short-term investments 87 227    
Other invested assets 3,070 2,829    
Accrued investment income 533 511    
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Interest-sensitive contract liabilities 26,377 23,276    
Funds Held under Reinsurance Agreements, Liability 61 0    
Collateral finance and securitization notes 180 388    
Carrying Value [Member]        
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]        
Mortgage loans on real estate [1] 6,283 5,787    
Policy loans [1] 1,234 1,258    
Funds withheld at interest [1] 6,747 5,292    
Cash and cash equivalents [1] 1,810 1,930    
Short-term investments [1] 23 30    
Other invested assets [1] 910 1,482    
Accrued investment income [1] 533 511    
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Interest-sensitive contract liabilities [1] 18,625 18,106    
Funds Held under Reinsurance Agreements, Liability 1,658      
Long And Short Term Debt [1] 3,667 3,573    
Collateral finance and securitization notes [1] 180 388    
Estimate of Fair Value Measurement [Member]        
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]        
Mortgage loans on real estate 6,580 6,167    
Policy loans 1,234 1,258    
Funds withheld at interest 7,075 5,676    
Cash and cash equivalents 1,810 1,930    
Short-term investments 23 30    
Other invested assets 907 1,601    
Accrued investment income 533 511    
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Interest-sensitive contract liabilities 19,540 19,683    
Funds Held under Reinsurance Agreements, Liability 1,657      
Long And Short Term Debt 3,886 3,901    
Collateral finance and securitization notes 153 351    
Estimate of Fair Value Measurement [Member] | Net Asset Value [Member]        
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]        
Mortgage loans on real estate 0 0    
Policy loans 0 0    
Funds withheld at interest 0 0    
Cash and cash equivalents 0 0    
Short-term investments 0 0    
Other invested assets 0 489    
Accrued investment income 0 0    
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Interest-sensitive contract liabilities 0 0    
Funds Held under Reinsurance Agreements, Liability 0      
Long And Short Term Debt 0 0    
Collateral finance and securitization notes 0 0    
Fair Value, Inputs, Level 1 [Member]        
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Funds Held under Reinsurance Agreements, Liability 0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member]        
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]        
Mortgage loans on real estate 0 0    
Policy loans 0 0    
Funds withheld at interest 0 0    
Cash and cash equivalents 1,810 1,930    
Short-term investments 23 30    
Other invested assets 6 5    
Accrued investment income 0 0    
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Interest-sensitive contract liabilities 0 0    
Funds Held under Reinsurance Agreements, Liability      
Long And Short Term Debt 0 0    
Collateral finance and securitization notes 0 0    
Fair Value, Inputs, Level 2 [Member]        
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Funds Held under Reinsurance Agreements, Liability 0 0    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]        
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]        
Mortgage loans on real estate 0 0    
Policy loans 1,234 1,258    
Funds withheld at interest 0 0    
Cash and cash equivalents 0 0    
Short-term investments 0 0    
Other invested assets 70 89    
Accrued investment income 533 511    
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Interest-sensitive contract liabilities 0 0    
Funds Held under Reinsurance Agreements, Liability      
Long And Short Term Debt 0 0    
Collateral finance and securitization notes 0 0    
Fair Value, Inputs, Level 3 [Member]        
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Funds Held under Reinsurance Agreements, Liability 61 0    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member]        
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]        
Mortgage loans on real estate 6,580 6,167    
Policy loans 0 0    
Funds withheld at interest 7,075 5,676    
Cash and cash equivalents 0 0    
Short-term investments 0 0    
Other invested assets 831 1,018    
Accrued investment income 0 0    
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]        
Interest-sensitive contract liabilities 19,540 19,683    
Funds Held under Reinsurance Agreements, Liability 1,657      
Long And Short Term Debt 3,886 3,901    
Collateral finance and securitization notes $ 153 $ 351    
[1] Carrying values presented herein may differ from those in the Company’s consolidated balance sheets because certain items within the respective financial statement captions may be measured at fair value on a recurring basis.