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Shareholders' Equity | 12 Months Ended
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Dec. 31, 2019
Stockholders' Equity Note [Abstract] |
Shareholders' Equity [Text Block] | Shareholders’ Equity The following tables provide the amounts related to each component of OCI:
| Year Ended December 31, 2019
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) | $ | 1,404 |  |  | $ | (309 | ) |  | $ | 1,095 |
Reclassification of net (gains) losses on securities included in net income (2) | 6 |  |  | (1 | ) |  | 5 |
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables | (688 | ) |  | 144 |  |  | (544 | )
Net unrealized gains (losses) on securities | 722 |  |  | (166 | ) |  | 556 |
Net unrealized gains (losses) on derivatives: |  |  |  |  |
Reclassification of net (gains) losses on derivatives included in net income (3) | (3 | ) |  | 1 |  |  | (2 | )
Net unrealized gains (losses) on derivatives | (3 | ) |  | 1 |  |  | (2 | )
Defined benefit plans: |  |  |  |  |
Prior service credit | 14 |  |  | (3 | ) |  | 11 |
Net gain (loss) arising during the period | (36 | ) |  | 7 |  |  | (29 | )
Defined benefit plans | (22 | ) |  | 4 |  |  | (18 | )
Foreign currency translation | 18 |  |  | (1 | ) |  | 17 |
Total other comprehensive income (loss) | $ | 715 |  |  | $ | (162 | ) |  | $ | 553 |
| Year Ended December 31, 2018
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) | $ | (1,039 | ) |  | $ | 237 |  |  | $ | (802 | )
Reclassification of net (gains) losses on securities included in net income (2) | (9 | ) |  | 2 |  |  | (7 | )
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables | 435 |  |  | (91 | ) |  | 344 |
Net unrealized gains (losses) on securities | (613 | ) |  | 148 |  |  | (465 | )
Defined benefit plans: |  |  |  |  |
Net gain (loss) arising during the period | (30 | ) |  | 7 |  |  | (23 | )
Defined benefit plans | (30 | ) |  | 7 |  |  | (23 | )
Foreign currency translation | (32 | ) |  | 1 |  |  | (31 | )
Total other comprehensive income (loss) | $ | (675 | ) |  | $ | 156 |  |  | $ | (519 | )
| Year Ended December 31, 2017
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) | $ | 243 |  |  | $ | (77 | ) |  | $ | 166 |
Reclassification of net (gains) losses on securities included in net income (2) | (55 | ) |  | 19 |  |  | (36 | )
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables | (180 | ) |  | 57 |  |  | (123 | )
Net unrealized gains (losses) on securities | 8 |  |  | (1 | ) |  | 7 |
Net unrealized gains (losses) on derivatives: |  |  |  |  |
Reclassification of net (gains) losses on derivatives included in net income (3) | 5 |  |  | (2 | ) |  | 3 |
Net unrealized gains (losses) on derivatives | 5 |  |  | (2 | ) |  | 3 |
Defined benefit plans: |  |  |  |  |
Prior service credit | 2 |  |  | (1 | ) |  | 1 |
Net gain (loss) arising during the period | 38 |  |  | (11 | ) |  | 27 |
Defined benefit plans | 40 |  |  | (12 | ) |  | 28 |
Foreign currency translation | 74 |  |  | (82 | ) | (4) | (8 | )
Other | (1 | ) |  | — |  |  | (1 | )
Total other comprehensive income (loss) | $ | 126 |  |  | $ | (97 | ) |  | $ | 29 |
(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 a $2 million, $2 million and $2 million pretax gain reclassified to interest and debt expenses and nil, a $2 million and $5 million pretax loss reclassified to net investment income for the years ended December 31, 2019, 2018 and 2017, respectively. (4) Includes an $87 million decrease to OCI related to deferred taxes on currency translations adjustments. Other comprehensive income (loss) related to net unrealized gains (losses) on securities includes three components: (i) unrealized gains (losses) that arose from changes in the market value of securities that were held during the period; (ii) (gains) losses that were previously unrealized, but have been recognized in current period net income due to sales of Available-for-Sale securities and due to the reclassification of noncredit OTTI losses to credit losses; and (iii) other adjustments primarily consisting of changes in insurance and annuity asset and liability balances, such as DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables, to reflect the expected impact on their carrying values had the unrealized gains (losses) been realized as of the respective balance sheet dates. The following table presents 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, January 1, 2017 | $ | 479 |  | (1) | $ | 5 |  |  | $ | (125 | ) |  | $ | (159 | ) |  | $ | — |  |  | $ | 200 |
OCI before reclassifications | 43 |  |  | — |  |  | 20 |  |  | (8 | ) |  | (1 | ) |  | 54 |
Amounts reclassified from AOCI | (36 | ) |  | 3 |  |  | 8 |  |  | — |  |  | — |  |  | (25 | )
Total OCI | 7 |  |  | 3 |  |  | 28 |  |  | (8 | ) |  | (1 | ) |  | 29 |
Balance, December 31, 2017 | 486 |  | (1) | 8 |  |  | (97 | ) |  | (167 | ) |  | (1 | ) |  | 229 |
Cumulative effect of adoption of equity securities guidance | (1 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (1 | )
OCI before reclassifications | (458 | ) |  | — |  |  | (36 | ) |  | (31 | ) |  | — |  |  | (525 | )
Amounts reclassified from AOCI | (7 | ) |  | — |  |  | 13 |  |  | — |  |  | — |  |  | 6 |
Total OCI | (465 | ) |  | — |  |  | (23 | ) |  | (31 | ) |  | — |  |  | (519 | )
Balance, December 31, 2018 | 20 |  | (1) | 8 |  |  | (120 | ) |  | (198 | ) |  | (1 | ) |  | (291 | )
OCI before reclassifications | 551 |  |  | — |  |  | (28 | ) |  | 17 |  |  | — |  |  | 540 |
Amounts reclassified from AOCI | 5 |  |  | (2 | ) |  | 10 |  |  | — |  |  | — |  |  | 13 |
Total OCI | 556 |  |  | (2 | ) |  | (18 | ) |  | 17 |  |  | — |  |  | 553 |
Balance, December 31, 2019 | $ | 576 |  | (1) | $ | 6 |  |  | $ | (138 | ) |  | $ | (181 | ) |  | $ | (1 | ) |  | $ | 262 |
(1) Includes $1 million, $1 million and $1 million of noncredit related impairments on securities and net unrealized gains (losses) on previously impaired securities as of December 31, 2019, 2018 and 2017, respectively. For the years ended December 31, 2019, 2018 and 2017, the Company repurchased a total of 13.4 million shares, 11.3 million shares and 9.9 million shares, respectively, of its common stock for an aggregate cost of $1.9 billion, $1.6 billion and $1.3 billion, respectively. In April 2017, the Company's Board of Directors authorized an expenditure of up to $2.5 billion for the repurchase of shares of the Company’s common stock through June 30, 2019, which was exhausted in the second quarter of 2019. In February 2019, the Company’s Board of Directors authorized an additional repurchase up to $2.5 billion of the Company’s common stock through March 31, 2021. As of December 31, 2019, the Company had $1.1 billion remaining under its share repurchase authorization. The Company may also reacquire shares of its common stock under its share-based compensation plans related to restricted stock awards and certain option exercises. The holders of restricted shares may elect to surrender a portion of their shares on the vesting date to cover their income tax obligation. These vested restricted shares are reacquired by the Company and the Company’s payment of the holders’ income tax obligations are recorded as a treasury share purchase. For the years ended December 31, 2019, 2018 and 2017, the Company reacquired 0.3 million shares, 0.3 million shares and 0.3 million shares, respectively, of its common stock through the surrender of shares upon vesting and paid in the aggregate $34 million, $44 million and $33 million, respectively, related to the holders’ income tax obligations on the vesting date. Option holders may elect to net settle their vested awards resulting in the surrender of the number of shares required to cover the strike price and tax obligation of the options exercised. These shares are reacquired by the Company and recorded as treasury shares. For the years ended December 31, 2019, 2018 and 2017, the Company reacquired 0.7 million shares, 0.5 million shares and 2.2 million shares, respectively, of its common stock through the net settlement of options for an aggregate value of $106 million, $85 million and $298 million, respectively. For the years ended December 31, 2019, 2018 and 2017, respectively, the Company reissued 0.7 million, 0.8 million and 0.8 million, respectively, treasury shares for restricted stock award grants, performance share units, and issuance of shares vested under advisor deferred compensation plans.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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