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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2020
Income Tax Disclosure [Abstract] |
Schedule of components of income tax provision (benefit) [Table Text Block] | The components of income tax provision attributable to continuing operations were as follows:
| Years Ended December 31,
2020 |  | 2019 |  | 2018
(in millions)
Current income tax |  |  |  |  |
Federal | $ | 527 |  |  | $ | 531 |  |  | $ | 275 |
State and local | 63 |  |  | 80 |  |  | 45 |
Foreign | 28 |  |  | 36 |  |  | 41 |
Total current income tax | 618 |  |  | 647 |  |  | 361 |
Deferred income tax |  |  |  |  |
Federal | (309) |  |  | (297) |  |  | 20 |
State and local | (16) |  |  | (13) |  |  | 2 |
Foreign | 4 |  |  | 2 |  |  | 3 |
Total deferred income tax | (321) |  |  | (308) |  |  | 25 |
Total income tax provision | $ | 297 |  |  | $ | 339 |  |  | $ | 386 |
Schedule of geographic sources of pretax income [Table Text Block] | The geographic sources of pretax income from continuing operations were as follows:
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (in millions)
United States | $ | 1,685 |  |  | $ | 2,045 |  |  | $ | 2,263 |
Foreign | 146 |  |  | 187 |  |  | 221 |
Total | $ | 1,831 |  |  | $ | 2,232 |  |  | $ | 2,484 |
Reconciliation of the income tax provision [Table Text Block] | The principal reasons that the aggregate income tax provision attributable to continuing operations is different from that computed by using the U.S. statutory rates of 21% were as follows:
| Years Ended December 31,
2020 |  | 2019 |  | 2018
Tax at U.S. statutory rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
Changes in taxes resulting from: |  |  |  |  |
Low income housing tax credits | (4.3) |  |  | (3.6) |  |  | (3.2) |
State taxes, net of federal benefit | 2.1 |  |  | 2.4 |  |  | 1.5 |
Dividends received deduction | (2.1) |  |  | (1.8) |  |  | (1.6) |
Incentive compensation | (1.4) |  |  | — |  |  | — |
Foreign tax credits, net of addback | — |  |  | (2.2) |  |  | (1.1) |
Other, net | 0.9 |  |  | (0.6) |  |  | (1.1) |
Income tax provision | 16.2 | % |  | 15.2 | % |  | 15.5 | %
Schedule of significant components of deferred income tax assets and liabilities [Table Text Block] | The significant components of the Company’s deferred income tax assets and liabilities, which are included net within other assets or other liabilities on the Consolidated Balance Sheets, were as follows:
| December 31,
2020 |  | 2019
(in millions)
Deferred income tax assets
Liabilities for policyholder account balances, future policy benefits and claims | $ | 1,618 |  |  | $ | 945 |
Deferred compensation | 493 |  |  | 406 |
Postretirement benefits | 65 |  |  | 45 |
Right of use lease liability | 60 |  |  | 59 |
Investment related | — |  |  | 188 |
Other | 51 |  |  | 47 |
Gross deferred income tax assets | 2,287 |  |  | 1,690 |
Less: valuation allowance | 15 |  |  | 19 |
Total deferred income tax assets | 2,272 |  |  | 1,671 |
Deferred income tax liabilities |  |  |
Deferred acquisition costs | 435 |  |  | 456 |
Net unrealized gains on Available-for-Sale securities | 295 |  |  | 186 |
Investment related | 253 |  |  | — |
Intangible assets | 124 |  |  | 115 |
Depreciation expense | 99 |  |  | 94 |
Goodwill | 70 |  |  | 64 |
Right of use lease asset | 54 |  |  | 54 |
Deferred sales inducement costs | 44 |  |  | 50 |
Other | 18 |  |  | 6 |
Gross deferred income tax liabilities | 1,392 |  |  | 1,025 |
Net deferred income tax assets | $ | 880 |  |  | $ | 646 |
Reconciliation of gross unrecognized tax benefits (expense) [Table Text Block] | A reconciliation of the beginning and ending amount of gross unrecognized tax benefits was as follows:
| 2020 |  | 2019 |  | 2018
| (in millions)
Balance at January 1 | $ | 100 |  |  | $ | 92 |  |  | $ | 76 |
Additions based on tax positions related to the current year | 11 |  |  | 15 |  |  | 22 |
Reductions based on tax positions related to the current year | (1) |  |  | — |  |  | — |
Additions for tax positions of prior years | 10 |  |  | 39 |  |  | 9 |
Reductions for tax positions of prior years | (4) |  |  | (17) |  |  | (3) |
Reductions due to lapse of statute of limitations | (5) |  |  | — |  |  | — |
Audit settlements | (1) |  |  | (29) |  |  | (12) |
Balance at December 31 | $ | 110 |  |  | $ | 100 |  |  | $ | 92 |

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