XML 91 R73.htm IDEA: XBRL DOCUMENT v3.21.1
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
Mar. 31, 2021
Mar. 31, 2020
Assets    
Balance at beginning of period $ 832 $ 738
Total gains (losses) included in: net income 18 (29)
Total gains (losses) included in: OCI (4) (2)
Transfers into Level 3 13 26
Transfers out of Level 3 (47) (74)
Transfers to (from) held for sale 0  
Purchases 125 60
Sales (47) (11)
Issues 0 0
Settlements (39) (31)
Balance at end of period 851 677
Liabilities    
Balance at the beginning of the period (516) (462)
Total gains (losses) included in: net income 55 48
Total gains (losses) included in: OCI 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Transfers to (from) held for sale 0  
Purchases 0 0
Sales 0 0
Issues (8) (8)
Settlements 6 5
Balance at the end of the period (463) (417)
Net investment income    
Total Level 3 gains (losses) included in net income    
Gain (loss) included in earnings (1) (14)
Realized capital gains (losses)    
Total Level 3 gains (losses) included in net income    
Gain (loss) included in earnings 18 (3)
Liabilities held for sale    
Liabilities    
Balance at the beginning of the period (516) (462)
Total gains (losses) included in: net income 55 48
Total gains (losses) included in: OCI 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Transfers to (from) held for sale 0  
Purchases 0 0
Sales 0 0
Issues (8) (8)
Settlements 6 5
Balance at the end of the period (463) (417)
Municipal    
Assets    
Balance at beginning of period 17 22
Total gains (losses) included in: net income 0 0
Total gains (losses) included in: OCI 0 (1)
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Transfers to (from) held for sale 0  
Purchases 3 0
Sales 0 (1)
Issues 0 0
Settlements (2) (1)
Balance at end of period 18 19
Corporate - public    
Assets    
Balance at beginning of period 67 36
Total gains (losses) included in: net income 1 0
Total gains (losses) included in: OCI (3) 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Transfers to (from) held for sale (6)  
Purchases 17 0
Sales (33) 0
Issues 0 0
Settlements 0 0
Balance at end of period 43 36
Corporate - privately placed    
Assets    
Balance at beginning of period 63 32
Total gains (losses) included in: net income 0 0
Total gains (losses) included in: OCI (1) 0
Transfers into Level 3 10 0
Transfers out of Level 3 (7) 0
Transfers to (from) held for sale 13  
Purchases 27 1
Sales 0 0
Issues 0 0
Settlements 0 0
Balance at end of period 105 33
ABS    
Assets    
Balance at beginning of period 52 49
Total gains (losses) included in: net income 0 0
Total gains (losses) included in: OCI 0 0
Transfers into Level 3 0 26
Transfers out of Level 3 (32) (49)
Transfers to (from) held for sale 0  
Purchases 59 33
Sales 0 0
Issues 0 0
Settlements 0 (27)
Balance at end of period 79 32
MBS    
Assets    
Balance at beginning of period 27 35
Total gains (losses) included in: net income 0 0
Total gains (losses) included in: OCI 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Transfers to (from) held for sale 0  
Purchases 0 0
Sales (4) 0
Issues 0 0
Settlements 0 0
Balance at end of period 23 35
Fixed income securities    
Assets    
Balance at beginning of period 226 174
Total gains (losses) included in: net income 1 0
Total gains (losses) included in: OCI (4) (1)
Transfers into Level 3 10 26
Transfers out of Level 3 (39) (49)
Transfers to (from) held for sale 7  
Purchases 106 34
Sales (37) (1)
Issues 0 0
Settlements (2) (28)
Balance at end of period 268 155
Equity securities    
Assets    
Balance at beginning of period 304 255
Total gains (losses) included in: net income 16 (17)
Total gains (losses) included in: OCI 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Transfers to (from) held for sale 92  
Purchases 5 1
Sales (7) 0
Issues 0 0
Settlements 0 0
Balance at end of period 410 239
Short-term investments    
Assets    
Balance at beginning of period 35 25
Total gains (losses) included in: net income 0 0
Total gains (losses) included in: OCI 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Transfers to (from) held for sale 0  
Purchases 0 25
Sales 0 0
Issues 0 0
Settlements (35) 0
Balance at end of period 0 50
Other investments    
Assets    
Balance at beginning of period 0  
Total gains (losses) included in: net income 0  
Total gains (losses) included in: OCI 0  
Transfers into Level 3 0  
Transfers out of Level 3 0  
Transfers to (from) held for sale 0  
Purchases 3  
Sales 0  
Issues 0  
Settlements 0  
Balance at end of period 3  
Assets held for sale    
Assets    
Balance at beginning of period 267 284
Total gains (losses) included in: net income 1 (12)
Total gains (losses) included in: OCI 0 (1)
Transfers into Level 3 3 0
Transfers out of Level 3 (8) (25)
Transfers to (from) held for sale (99)  
Purchases 11 0
Sales (3) (10)
Issues 0 0
Settlements (2) (3)
Balance at end of period $ 170 $ 233