XML 54 R44.htm IDEA: XBRL DOCUMENT
v3.19.2

Shareholders' Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Stockholders' Equity Note [Abstract] |
Schedule of components of OCI [Table Text Block] | The following tables provide the amounts related to each component of OCI:
| Three Months Ended June 30,
2019 |  | 2018
Pretax |  | Income Tax Benefit (Expense) |  | Net of Tax | Pretax |  | Income Tax Benefit (Expense) |  | Net of Tax
(in millions)
Net unrealized gains (losses) on securities: |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains (losses) on securities arising during the period (1) | $ | 512 |  |  | $ | (60 | ) |  | $ | 452 |  |  | $ | (266 | ) |  | $ | 59 |  |  | $ | (207 | )
Reclassification of net (gains) losses on securities included in net income (2) | — |  |  | — |  |  | — |  |  | (5 | ) |  | 1 |  |  | (4 | )
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables | (259 | ) |  | 55 |  |  | (204 | ) |  | 103 |  |  | (22 | ) |  | 81 |
Net unrealized gains (losses) on securities | 253 |  |  | (5 | ) |  | 248 |  |  | (168 | ) |  | 38 |  |  | (130 | )
Net unrealized gains (losses) on derivatives: |  |  |  |  |  |  |  |  |  |  |
Reclassification of net (gains) losses on derivatives included in net income (3) | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net unrealized gains (losses) on derivatives | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Foreign currency translation | (15 | ) |  | 1 |  |  | (14 | ) |  | (46 | ) |  | 2 |  |  | (44 | )
Total other comprehensive income (loss) | $ | 238 |  |  | $ | (4 | ) |  | $ | 234 |  |  | $ | (214 | ) |  | $ | 40 |  |  | $ | (174 | )
| Six Months Ended June 30,
2019 |  | 2018
Pretax |  | Income Tax Benefit (Expense) |  | Net of Tax | Pretax |  | Income Tax Benefit (Expense) |  | Net of Tax
(in millions)
Net unrealized gains (losses) on securities: |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains (losses) on securities arising during the period (1) | $ | 1,169 |  |  | $ | (201 | ) |  | $ | 968 |  |  | $ | (818 | ) |  | $ | 182 |  |  | $ | (636 | )
Reclassification of net (gains) losses on securities included in net income (2) | (5 | ) |  | 1 |  |  | (4 | ) |  | (10 | ) |  | 2 |  |  | (8 | )
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables | (499 | ) |  | 105 |  |  | (394 | ) |  | 319 |  |  | (67 | ) |  | 252 |
Net unrealized gains (losses) on securities | 665 |  |  | (95 | ) |  | 570 |  |  | (509 | ) |  | 117 |  |  | (392 | )
Net unrealized gains (losses) on derivatives: |  |  |  |  |  |  |  |  |  |  |
Reclassification of net (gains) losses on derivatives included in net income (4) | (1 | ) |  | — |  |  | (1 | ) |  | — |  |  | — |  |  | — |
Net unrealized gains (losses) on derivatives | (1 | ) |  | — |  |  | (1 | ) |  | — |  |  | — |  |  | — |
Foreign currency translation | (9 | ) |  | — |  |  | (9 | ) |  | (16 | ) |  | 1 |  |  | (15 | )
Total other comprehensive income (loss) | $ | 655 |  |  | $ | (95 | ) |  | $ | 560 |  |  | $ | (525 | ) |  | $ | 118 |  |  | $ | (407 | )
(1) Includes OTTI losses on Available-for-Sale securities related to factors other than credit that were recognized in other comprehensive income (loss) during the period. (2) Reclassification amounts are recorded in net investment income. (3) Includes nil and a $1 million pretax gain reclassified to interest and debt expense for the three months ended June 30, 2019 and 2018, respectively, and nil and a $1 million pretax loss reclassified to net investment income for the three months ended June 30, 2019 and 2018, respectively. (4) Includes a $1 million pretax gain reclassified to interest and debt expense for both the six months ended June 30, 2019 and 2018, and nil and a $1 million pretax loss reclassified to net investment income for the six months ended June 30, 2019 and 2018, respectively.
Schedule of amounts reclassified from AOCI [Table Text Block] | The following tables present the changes in the balances of each component of AOCI, net of tax:
| Net Unrealized Gains (Losses) on Securities |  | Net Unrealized Gains (Losses) on Derivatives |  | Defined Benefit Plans |  | Foreign Currency Translation |  | Other |  | Total
(in millions)
Balance, April 1, 2019 | $ | 342 |  |  | $ | 7 |  |  | $ | (120 | ) |  | $ | (193 | ) |  | $ | (1 | ) |  | $ | 35 |
OCI before reclassifications | 248 |  |  | — |  |  | — |  |  | (14 | ) |  | — |  |  | 234 |
Amounts reclassified from AOCI | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total OCI | 248 |  |  | — |  |  | — |  |  | (14 | ) |  | — |  |  | 234 |
Balance, June 30, 2019 | $ | 590 |  | (1) | $ | 7 |  |  | $ | (120 | ) |  | $ | (207 | ) |  | $ | (1 | ) |  | $ | 269 |
Balance, January 1, 2019 | $ | 20 |  |  | $ | 8 |  |  | $ | (120 | ) |  | $ | (198 | ) |  | $ | (1 | ) |  | $ | (291 | )
OCI before reclassifications | 574 |  |  | — |  |  | — |  |  | (9 | ) |  | — |  |  | 565 |
Amounts reclassified from AOCI | (4 | ) |  | (1 | ) |  | — |  |  | — |  |  | — |  |  | (5 | )
Total OCI | 570 |  |  | (1 | ) |  | — |  |  | (9 | ) |  | — |  |  | 560 |
Balance, June 30, 2019 | $ | 590 |  | (1) | $ | 7 |  |  | $ | (120 | ) |  | $ | (207 | ) |  | $ | (1 | ) |  | $ | 269 |
| Net Unrealized Gains (Losses) on Securities |  | Net Unrealized Gains (Losses) on Derivatives |  | Defined Benefit Plans |  | Foreign Currency Translation |  | Other |  | Total
(in millions)
Balance, April 1, 2018 | $ | 223 |  |  | $ | 8 |  |  | $ | (97 | ) |  | $ | (138 | ) |  | $ | (1 | ) |  | $ | (5 | )
OCI before reclassifications | (126 | ) |  | — |  |  | — |  |  | (44 | ) |  | — |  |  | (170 | )
Amounts reclassified from AOCI | (4 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (4 | )
Total OCI | (130 | ) |  | — |  |  | — |  |  | (44 | ) |  | — |  |  | (174 | )
Balance, June 30, 2018 | $ | 93 |  | (1) | $ | 8 |  |  | $ | (97 | ) |  | $ | (182 | ) |  | $ | (1 | ) |  | $ | (179 | )
Balance, January 1, 2018 | $ | 486 |  |  | $ | 8 |  |  | $ | (97 | ) |  | $ | (167 | ) |  | $ | (1 | ) |  | $ | 229 |
Cumulative effect of adoption of equity securities guidance | (1 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (1 | )
OCI before reclassifications | (384 | ) |  | — |  |  | — |  |  | (15 | ) |  | — |  |  | (399 | )
Amounts reclassified from AOCI | (8 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (8 | )
Total OCI | (392 | ) |  | — |  |  | — |  |  | (15 | ) |  | — |  |  | (407 | )
Balance, June 30, 2018 | $ | 93 |  | (1) | $ | 8 |  |  | $ | (97 | ) |  | $ | (182 | ) |  | $ | (1 | ) |  | $ | (179 | )
(1) Includes $(1) million and $1 million of noncredit related impairments on securities and net unrealized gains (losses) on previously impaired securities as of June 30, 2019 and June 30, 2018, respectively.

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=114867106&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration