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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities      
Net income (loss) $ 1,807 $ (3,131) $ 896
Adjustments to reconcile net income (loss) to net cash provided by operating activities      
Net realized capital losses (gains) 165 (111) 187
Amortization of deferred policy acquisition costs 1,442 1,417 1,523
Additions to deferred policy acquisition costs (1,404) (1,383) (1,390)
Depreciation and amortization 467 399 398
Pension settlement expense 0 747 0
Loss on extinguishment of debt (6) 0 0
Loss (gain) on sale of business (202) 3,257 81
Other operating activities, net 408 408 178
Change in assets and liabilities:      
Decrease (increase) in reinsurance recoverables (323) (935) 272
Increase (decrease) in accrued and deferred income taxes (103) 170 (250)
Impact of tax reform on accrued and deferred income taxes 0 877 0
Increase (decrease) in insurance liabilities 493 1,648 322
Net change in other assets and other liabilities 87 (1,177) (151)
Cash provided by operating activities 2,843 2,186 2,066
Proceeds from the sale/maturity/prepayment of:      
Fixed maturities, available-for-sale 24,700 31,646 24,486
Fixed maturities, fair value option 23 148 238
Proceeds from Sale and Maturity of Marketable Securities 1,230 0 0
Equity securities, available-for-sale 0 810 709
Mortgage loans 483 734 647
Partnerships 433 274 779
Payments for the purchase of:      
Fixed maturities, available-for-sale (23,173) (30,923) (21,844)
Fixed maturities, fair value option 0   (94)
Payments to Acquire Marketable Securities (1,500) 0 0
Equity securities, available-for-sale 0 (638) (662)
Mortgage loans (983) (1,096) (717)
Partnerships (481) (509) (441)
Net payments for derivatives (224) (314) (247)
Net additions to property and equipment (122) (250) (224)
Net (payments for) short-term investments (3,460) (144) (1,377)
Other investing activities, net (3) 21 (129)
Proceeds from businesses sold, net of cash transferred 1,115 222 0
Amounts paid for business acquired, net of cash acquired 0 (1,423) (175)
Net cash provided by (used for) investing activities (1,962) (1,442) 949
Financing Activities      
Deposits and other additions to investment and universal life-type contracts 1,814 4,602 4,186
Withdrawals and other deductions from investment and universal life-type contracts (9,210) (13,562) (14,790)
Net transfers from separate accounts related to investment and universal life-type contracts 6,949 7,969 9,822
Repayments at maturity or settlement of consumer notes (2) (13) (17)
Net increase (decrease) in securities loaned or sold under agreements to repurchase (621) 1,320 188
Repayment of debt (826) (416) (275)
Proceeds from the issuance of debt 490 500 0
Proceeds from Issuance of Redeemable Preferred Stock 334 0 0
Net issuance (return) of shares under incentive and stock compensation plans (16) (10) 9
Treasury stock acquired   (1,028) (1,330)
Dividends paid on common stock (379) (341) (334)
Net cash used for financing activities (1,467) (979) (2,541)
Foreign exchange rate effect on cash (10) 70 (40)
Net increase (decrease) in cash, including cash classified as assets held for sale (596) (165) 434
Less: Net increase (decrease) in cash classified as assets held for sale (537) (17) 249
Net increase (decrease) in cash, including cash classified as assets held for sale (59) (148) 185
Cash — beginning of period 180 328 143
Cash — end of period 121 180 328
Supplemental Disclosure of Cash Flow Information      
Income tax received (paid) 9 6 (130)
Interest paid $ 292 $ 322 $ 336