XML 91 R70.htm IDEA: XBRL DOCUMENT v3.20.2
Derivative Financial Instruments - Summary of the volume and fair value positions of derivative instruments (Details)
$ in Millions
Jun. 30, 2020
USD ($)
contract
Dec. 31, 2019
USD ($)
contract
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
Cash and securities pledged in the form of margin deposits $ 66  
Derivatives, Fair Value    
Total asset derivatives, notional amount 1,060 $ 75
Total liability derivatives, notional amount 2,771 3,403
Total derivatives, notional amount $ 3,831 $ 3,478
Total asset derivatives, number of contracts | contract 10,663 10,740
Total liability derivatives, number of contracts | contract 9,548 6,492
Total derivatives, Number of contracts | contract 20,211 17,232
Derivative assets net amount on balance sheet $ 196 $ 142
Asset derivatives gross amount 199 142
Asset derivatives, gross liability (3) 0
Derivative liabilities net amount on balance sheet (562) (507)
Total derivatives, fair value, net (366) (365)
Liability derivatives, gross asset 32 39
Liability derivatives gross amount (594) (546)
Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount $ 1,058 $ 73
Total asset derivatives, number of contracts | contract 10,663 10,740
Derivative assets net amount on balance sheet $ 196 $ 142
Asset derivatives gross amount 199 142
Asset derivatives, gross liability $ (3) $ 0
Other assets | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, number of contracts | contract 1,358 3,668
Currency Swap | Other investments | Derivatives designated as fair value accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount   $ 2
Derivative assets net amount on balance sheet   0
Asset derivatives gross amount   0
Asset derivatives, gross liability   0
Interest rate cap agreements | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount $ 33 34
Derivative liabilities net amount on balance sheet 0 0
Liability derivatives, gross asset 0 0
Liability derivatives gross amount 0 0
Futures | Other assets | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount 0 0
Derivative assets net amount on balance sheet 0 0
Asset derivatives gross amount 0 0
Asset derivatives, gross liability 0 0
Futures | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount $ 0 $ 0
Total liability derivatives, number of contracts | contract 1,266 1,089
Derivative liabilities net amount on balance sheet $ 0 $ 0
Liability derivatives, gross asset 0 0
Liability derivatives gross amount 0 0
Equity and index contracts | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount $ 0 $ 0
Total liability derivatives, number of contracts | contract 7,881 5,400
Derivative liabilities net amount on balance sheet $ (100) $ (68)
Liability derivatives, gross asset 0 0
Liability derivatives gross amount (100) (68)
Options | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount $ 0 $ 0
Total asset derivatives, number of contracts | contract 8,038 5,539
Derivative assets net amount on balance sheet $ 175 $ 140
Asset derivatives gross amount 175 140
Asset derivatives, gross liability 0 0
Futures | Other assets | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount $ 0 $ 0
Total asset derivatives, number of contracts | contract 1,267 1,533
Derivative assets net amount on balance sheet $ 2 $ 1
Asset derivatives gross amount 2 1
Asset derivatives, gross liability 0 0
Futures | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount $ 0 $ 0
Total liability derivatives, number of contracts | contract 401 3
Derivative liabilities net amount on balance sheet $ 0 $ 0
Liability derivatives, gross asset 0 0
Liability derivatives gross amount 0 0
Total return swap agreements – fixed income | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount 50 56
Derivative assets net amount on balance sheet 1 1
Asset derivatives gross amount 1 1
Asset derivatives, gross liability 0 0
Total return swap agreements – fixed income | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount   119
Derivative liabilities net amount on balance sheet   0
Liability derivatives, gross asset   0
Liability derivatives gross amount   0
Total return swap agreements – equity index | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount 7  
Derivative assets net amount on balance sheet 0  
Asset derivatives gross amount 0  
Asset derivatives, gross liability 0  
Total return swap agreements – equity index | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount   187
Derivative liabilities net amount on balance sheet   11
Liability derivatives, gross asset   11
Liability derivatives gross amount   0
Foreign currency forwards | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount 161  
Derivative assets net amount on balance sheet 9  
Asset derivatives gross amount 10  
Asset derivatives, gross liability (1)  
Foreign currency forwards | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount 588 745
Derivative liabilities net amount on balance sheet 28 19
Liability derivatives, gross asset 32 28
Liability derivatives gross amount (4) (9)
Guaranteed accumulation benefits | Contractholder funds | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount 133 161
Derivative liabilities net amount on balance sheet (26) (18)
Liability derivatives, gross asset 0 0
Liability derivatives gross amount (26) (18)
Guaranteed withdrawal benefits | Contractholder funds | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount 180 205
Derivative liabilities net amount on balance sheet (20) (14)
Liability derivatives, gross asset 0 0
Liability derivatives gross amount (20) (14)
Equity-indexed and forward starting options in life and annuity product contracts | Contractholder funds | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount 1,774 1,791
Derivative liabilities net amount on balance sheet (442) (430)
Liability derivatives, gross asset 0 0
Liability derivatives gross amount (442) (430)
Credit default swaps – buying protection | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount 88 17
Derivative assets net amount on balance sheet 0 0
Asset derivatives gross amount 2 0
Asset derivatives, gross liability (2) 0
Credit default swaps – buying protection | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount 56 152
Derivative liabilities net amount on balance sheet (2) (7)
Liability derivatives, gross asset 0 0
Liability derivatives gross amount (2) (7)
Credit default swaps – selling protection | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount 752  
Derivative assets net amount on balance sheet 9  
Asset derivatives gross amount 9  
Asset derivatives, gross liability 0  
Credit default swaps – selling protection | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, notional amount 7 9
Derivative liabilities net amount on balance sheet 0 0
Liability derivatives, gross asset 0 0
Liability derivatives gross amount 0 $ 0
Other | Other assets | Derivatives designated as fair value accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, notional amount 2  
Derivative assets net amount on balance sheet 0  
Asset derivatives gross amount 0  
Asset derivatives, gross liability $ 0