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Fair Value of Assets and Liabilities - Rollforward of level 3 assets and liabilities held at fair value on a recurring basis during the period (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period $ 677 $ 714 $ 738 $ 697
Total gains (losses) included in: net income 16 10 (15) 36
Total gains (losses) included in: OCI (13) 2 (15) 6
Transfers into Level 3 69 2 80 20
Transfers out of Level 3 (65) (115) (99) (162)
Purchases 112 72 140 188
Sales (21) (72) (22) (165)
Issues 0 0 0 0
Settlements (1) (3) (33) (10)
Balance at end of period 774 610 774 610
Fair Value Liabilities Measured on Recurring Basis Unobservable Input Reconciliation Calculation        
Balance at the beginning of the period (417) (251) (462) (224)
Total gains (losses) included in: net income (69) (12) (21) (40)
Total gains (losses) included in: OCI 0 0 0 0
Transfers into Level 3 0 (175) 0 (175)
Transfers out of Level 3 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issues (7) 0 (15) 0
Settlements 5 1 10 2
Balance at the end of the period (488) (437) (488) (437)
Total (53) (2) (36) (4)
Net investment income        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Total gains (losses) included in: net income 1 5 (23) 5
Realized capital gains and losses        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Total gains (losses) included in: net income 15 5 8 31
Interest credited to contractholder funds        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Total gains (losses) included in: net income 10 (5) (14) 3
Interest credited to contractholder funds        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Total gains (losses) included in: net income (79) (7) (7) (43)
Contractholder funds: Derivatives embedded in life and annuity contracts        
Fair Value Liabilities Measured on Recurring Basis Unobservable Input Reconciliation Calculation        
Balance at the beginning of the period (417) (251) (462) (224)
Total gains (losses) included in: net income (69) (12) (21) (40)
Total gains (losses) included in: OCI 0 0 0 0
Transfers into Level 3 0 (175) 0 (175)
Transfers out of Level 3 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issues (7) 0 (15) 0
Settlements 5 1 10 2
Balance at the end of the period (488) (437) (488) (437)
Municipal        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period 58 68 62 70
Total gains (losses) included in: net income 1 0 1 0
Total gains (losses) included in: OCI 2 1 2 2
Transfers into Level 3 15 0 14 0
Transfers out of Level 3 0 (5) 0 (5)
Purchases 8 0 8 0
Sales (1) (1) (2) (3)
Issues 0 0 0 0
Settlements 0 0 (2) (1)
Balance at end of period 83 63 83 63
Corporate - public        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period 60 90 61 70
Total gains (losses) included in: net income 0 0 0 0
Total gains (losses) included in: OCI (8) 1 (8) 2
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 (40) 0 (40)
Purchases 15 0 15 20
Sales 0 (5) 0 (5)
Issues 0 0 0 0
Settlements 0 0 (1) (1)
Balance at end of period 67 46 67 46
Corporate - privately placed        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period 88 90 114 90
Total gains (losses) included in: net income 1 1 1 (1)
Total gains (losses) included in: OCI (4) 0 (5) 2
Transfers into Level 3 11 0 11 15
Transfers out of Level 3 0 (2) (25) (2)
Purchases 37 1 38 1
Sales (6) 0 (6) (13)
Issues 0 0 0 0
Settlements (1) (1) (2) (3)
Balance at end of period 126 89 126 89
ABS        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period 39 87 65 69
Total gains (losses) included in: net income 1 0 0 0
Total gains (losses) included in: OCI (2) 0 (3) 0
Transfers into Level 3 43 1 55 1
Transfers out of Level 3 (25) (68) (49) (115)
Purchases 4 46 19 124
Sales (10) (12) (10) (22)
Issues 0 0 0 0
Settlements 0 (1) (27) (4)
Balance at end of period 50 53 50 53
MBS        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period 40 35 40 26
Total gains (losses) included in: net income 1 0 1 0
Total gains (losses) included in: OCI (1) 0 (1) 0
Transfers into Level 3 0 1 0 4
Transfers out of Level 3 0 0 0 0
Purchases 9 0 10 6
Sales (4) 0 (4) 0
Issues 0 0 0 0
Settlements 0 (1) (1) (1)
Balance at end of period 45 35 45 35
Fixed income securities        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period 285 370 342 325
Total gains (losses) included in: net income 4 1 3 (1)
Total gains (losses) included in: OCI (13) 2 (15) 6
Transfers into Level 3 69 2 80 20
Transfers out of Level 3 (25) (115) (74) (162)
Purchases 73 47 90 151
Sales (21) (18) (22) (43)
Issues 0 0 0 0
Settlements (1) (3) (33) (10)
Balance at end of period 371 286 371 286
Equity securities        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period 342 303 371 341
Total gains (losses) included in: net income 12 10 (18) 38
Total gains (losses) included in: OCI 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Purchases 39 20 40 22
Sales 0 (14) 0 (82)
Issues 0 0 0 0
Settlements 0 0 0 0
Balance at end of period 393 319 393 319
Short-term investments        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period 50 40 25 30
Total gains (losses) included in: net income 0 0 0 0
Total gains (losses) included in: OCI 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 (40) 0 (25) 0
Purchases 0 5 10 15
Sales 0 (40) 0 (40)
Issues 0 0 0 0
Settlements 0 0 0 0
Balance at end of period $ 10 5 $ 10 5
Free-standing derivatives, net        
Fair Value Assets Measured on Recurring Basis Unobservable Input Reconciliation Calculation Rollforward        
Balance at beginning of period   1   1
Total gains (losses) included in: net income   (1)   (1)
Total gains (losses) included in: OCI   0   0
Transfers into Level 3   0   0
Transfers out of Level 3   0   0
Purchases   0   0
Sales   0   0
Issues   0   0
Settlements   0   0
Balance at end of period   $ 0   $ 0