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Business Dispositions and Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
Major Classes of Assets and Liabilities Transferred by the Company to the Buyer in Connection with the Sale
 
Carrying Value as of
 
Closing
December 31, 2016 [2]
Assets
 
 
Cash and investments
$
669

$
657

Reinsurance recoverables and other [1]
268

213

Total assets held for sale
937

870

Liabilities
 
 
Reserve for future policy benefits and unpaid loss and loss adjustment expenses
653

600

Other liabilities
12

11

Total liabilities held for sale
$
665

$
611

[1]
Includes intercompany reinsurance recoverables of $71 as of December 31, 2016, settled in cash at closing.
[2]
Classified as assets and liabilities held for sale.
Reconciliation of the Major Line Items Constituting Pretax Profit (Loss) of Discontinued Operations
 
For the years ended December 31,
 
2017
2016
2015
Revenues
 
 
 
Earned premiums
$
106

$
114

$
92

Fee income and other
912

931

1,040

Net investment income
1,289

1,384

1,469

Net realized capital losses
(53
)
(158
)
(144
)
Total revenues
2,254

2,271

2,457

Benefits, losses and expenses
 
 

 
Benefits, losses and loss adjustment expenses
1,416

1,390

1,450

Amortization of DAC
45

146

138

Insurance operating costs and other expenses [1]
368

378

367

Total benefits, losses and expenses
1,829

1,914

1,955

Income before income taxes
425

357

502

Income tax expense
37

74

16

Income from operations of discontinued operations, net of tax
388

283

486

Net realized capital loss on disposal, net of tax
(3,257
)
—

—

(Loss) income from discontinued operations, net of tax
$
(2,869
)
$
283

$
486

[1]Corporate allocated overhead has been included in continuing operations.

Major Classes of Assets and Liabilities to be Transferred to the Buyer in Connection with the Sale
 
Carrying Value
as of 12/31/2017
Carrying Value
as of 12/31/2016
Assets
 
 
Cash and investments
$
30,135

$
31,433

Reinsurance recoverables
20,785

20,364

Loss accrual [1]
(3,257
)
—

Other assets
1,439

688

Separate account assets
115,834

115,665

Total assets held for sale
164,936

168,150

Liabilities
 
 
Reserve for future policy benefits and unpaid loss and loss adjustment expenses
$
14,482

$
13,609

Other policyholder funds and benefits payable
29,228

30,574

Long-term debt
142

142

Other liabilities
2,756

2,933

Separate account liabilities
115,834

115,665

Total liabilities held for sale
$
162,442

$
162,923


[1]
Represents the estimated accrued loss on sale of the Company's life and annuity run-off business.
Cash Flows from Discontinued Operations
 
Year Ended December 31,
 
2017
2016
2015
Net cash provided by operating activities from discontinued operations
$
797

$
784

$
682

Net cash provided by investing activities from discontinued operations
$
1,466

$
864

$
1,446

Net cash used in financing activities from discontinued operations [1]
$
(884
)
$
(647
)
$
(1,080
)
Cash paid for interest
$
11

$
11

$
11

[1]
Excludes return of capital to parent of $1,396, $752, and $1,001 for 2017, 2016 and 2015, respectively.