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Shareholders' Equity (Tables) | 9 Months Ended
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Sep. 30, 2020
Equity [Abstract] |
Schedule of components of OCI [Table Text Block] | The following tables provide the amounts related to each component of OCI:
| Three Months Ended September 30,
| 2020 |  | 2019
| 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) | $ | 225 |  |  | $ | (53) |  |  | $ | 172 |  |  | $ | 294 |  |  | $ | (58) |  |  | $ | 236 |
Reclassification of net (gains) losses on securities included in net income (2) | (4) |  |  | 1 |  |  | (3) |  |  | 10 |  |  | (2) |  |  | 8 |
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables | (94) |  |  | 20 |  |  | (74) |  |  | (195) |  |  | 41 |  |  | (154) |
Net unrealized gains (losses) on securities | 127 |  |  | (32) |  |  | 95 |  |  | 109 |  |  | (19) |  |  | 90 |
Foreign currency translation | 27 |  |  | — |  |  | 27 |  |  | (23) |  |  | 1 |  |  | (22) |
Total other comprehensive income (loss) | $ | 154 |  |  | $ | (32) |  |  | $ | 122 |  |  | $ | 86 |  |  | $ | (18) |  |  | $ | 68 |
| Nine Months Ended September 30,
| 2020 |  | 2019
| 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) | $ | 562 |  |  | $ | (118) |  |  | $ | 444 |  |  | $ | 1,463 |  |  | $ | (259) |  |  | $ | 1,204 |
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 | (223) |  |  | 47 |  |  | (176) |  |  | (694) |  |  | 146 |  |  | (548) |
Net unrealized gains (losses) on securities | 339 |  |  | (71) |  |  | 268 |  |  | 774 |  |  | (114) |  |  | 660 |
Net unrealized gains (losses) on derivatives: |  |  |  |  |  |  |  |  |  |  |
Reclassification of net (gains) losses on derivatives included in net income (3) | — |  |  | — |  |  | — |  |  | (1) |  |  | — |  |  | (1) |
Net unrealized gains (losses) on derivatives | — |  |  | — |  |  | — |  |  | (1) |  |  | — |  |  | (1) |
Foreign currency translation | (15) |  |  | 1 |  |  | (14) |  |  | (32) |  |  | 1 |  |  | (31) |
Total other comprehensive income (loss) | $ | 324 |  |  | $ | (70) |  |  | $ | 254 |  |  | $ | 741 |  |  | $ | (113) |  |  | $ | 628 |
(1) Includes impairments on Available-for-Sale securities related to factors other than credit that were recognized in OCI during the period. (2) Reclassification amounts are recorded in net investment income. (3) Includes nil and $1 million pretax gain reclassified to interest and debt expense for the nine months ended September 30, 2020 and 2019, 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, July 1, 2020 | $ | 749 |  |  | $ | 6 |  |  | $ | (138) |  |  | $ | (222) |  |  | $ | (1) |  |  | $ | 394 |
OCI before reclassifications | 98 |  |  | — |  |  | — |  |  | 27 |  |  | — |  |  | 125 |
Amounts reclassified from AOCI | (3) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (3) |
Total OCI | 95 |  |  | — |  |  | — |  |  | 27 |  |  | — |  |  | 122 |
Balance, September 30, 2020 | $ | 844 |  | (1) | $ | 6 |  |  | $ | (138) |  |  | $ | (195) |  |  | $ | (1) |  |  | $ | 516 |
Balance, January 1, 2020 | $ | 576 |  |  | $ | 6 |  |  | $ | (138) |  |  | $ | (181) |  |  | $ | (1) |  |  | $ | 262 |
OCI before reclassifications | 268 |  |  | — |  |  | — |  |  | (14) |  |  | — |  |  | 254 |
Total OCI | 268 |  |  | — |  |  | — |  |  | (14) |  |  | — |  |  | 254 |
Balance, September 30, 2020 | $ | 844 |  | (1) | $ | 6 |  |  | $ | (138) |  |  | $ | (195) |  |  | $ | (1) |  |  | $ | 516 |
| Net Unrealized Gains (Losses) on Securities |  | Net Unrealized Gains (Losses) on Derivatives |  | Defined Benefit Plans |  | Foreign Currency Translation |  | Other |  | Total
(in millions)
Balance, July 1, 2019 | $ | 590 |  |  | $ | 7 |  |  | $ | (120) |  |  | $ | (207) |  |  | $ | (1) |  |  | $ | 269 |
OCI before reclassifications | 82 |  |  | — |  |  | — |  |  | (22) |  |  | — |  |  | 60 |
Amounts reclassified from AOCI | 8 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 8 |
Total OCI | 90 |  |  | — |  |  | — |  |  | (22) |  |  | — |  |  | 68 |
Balance, September 30, 2019 | $ | 680 |  | (1) | $ | 7 |  |  | $ | (120) |  |  | $ | (229) |  |  | $ | (1) |  |  | $ | 337 |
Balance, January 1, 2019 | $ | 20 |  |  | $ | 8 |  |  | $ | (120) |  |  | $ | (198) |  |  | $ | (1) |  |  | $ | (291) |
OCI before reclassifications | 656 |  |  | — |  |  | — |  |  | (31) |  |  | — |  |  | 625 |
Amounts reclassified from AOCI | 4 |  |  | (1) |  |  | — |  |  | — |  |  | — |  |  | 3 |
Total OCI | 660 |  |  | (1) |  |  | — |  |  | (31) |  |  | — |  |  | 628 |
Balance, September 30, 2019 | $ | 680 |  | (1) | $ | 7 |  |  | $ | (120) |  |  | $ | (229) |  |  | $ | (1) |  |  | $ | 337 |
(1) Includes nil and $(1) million of noncredit related impairments on securities and net unrealized gains (losses) on previously impaired securities as of September 30, 2020 and September 30, 2019, respectively.

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