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Investments (Tables)
 3 Months Ended
Mar. 31, 2019
Investments [Abstract]  
Net Realized Capital Gains (Losses)
Net Realized Capital Gains (Losses)
 
Three Months Ended March 31,
(Before tax)
2019
2018
Gross gains on sales
$
44

$
19

Gross losses on sales
(21
)
(57
)
Equity securities [1]
132

16

Net OTTI losses recognized in earnings
(2
)
—

Transactional foreign currency revaluation
—

1

Non-qualifying foreign currency derivatives
1

(3
)
Other, net [2]
9

(6
)
Net realized capital gains (losses)
$
163

$
(30
)

[1]
Includes all changes in fair value and trading gains and losses for equity securities.
[2]
Includes gains (losses) on non-qualifying derivatives, excluding foreign currency derivatives, of $14 and $(10), respectively, for the three months ended March 31, 2019 and 2018.
Impairments
Impairments in Earnings by Type
 
Three Months Ended March 31,
 
2019
2018
Credit impairments
$
2

$
—

Intent-to-sell impairments
—

—

Total impairments
$
2

$
—

Cumulative Credit Impairments
 
Three Months Ended March 31,
(Before tax)
2019
2018
Balance as of beginning of period
$
(19
)
$
(25
)
Additions for credit impairments recognized on [1]:
 
 
Securities not previously impaired
(2
)
—

Reductions for credit impairments previously recognized on:
 
 
Securities that matured or were sold during the period
3

4

Balance as of end of period
$
(18
)
$
(21
)
[1]
These additions are included in the net OTTI losses recognized in earnings in the Condensed Consolidated Statements of Operations.
Schedule of Available-for-sale Securities
AFS Securities by Type
 
March 31, 2019
 
December 31, 2018
 
Cost or
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Non-Credit
OTTI [1]
 
Cost or
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Non-Credit
OTTI [1]
ABS
$
959

$
10

$
(1
)
$
968

$
—

 
$
1,272

$
5

$
(1
)
$
1,276

$
—

CLOs
1,442

7

(11
)
1,438

—

 
1,455

2

(20
)
1,437

—

CMBS
3,534

67

(33
)
3,568

(4
)
 
3,581

35

(64
)
3,552

(5
)
Corporate
14,187

349

(133
)
14,403

—

 
13,696

148

(446
)
13,398

—

Foreign govt./govt. agencies
866

23

(7
)
882

—

 
866

7

(26
)
847

—

Municipal
9,780

573

(7
)
10,346

—

 
9,972

421

(47
)
10,346

—

RMBS
3,507

54

(13
)
3,548

—

 
3,270

44

(35
)
3,279

—

U.S. Treasuries
1,619

51

(4
)
1,666

—

 
1,491

41

(15
)
1,517

—

Total fixed maturities, AFS
$
35,894

$
1,134

$
(209
)
$
36,819

$
(4
)
 
$
35,603

$
703

$
(654
)
$
35,652

$
(5
)
[1]
Represents the amount of cumulative non-credit OTTI losses recognized in OCI on securities that also had credit impairments. These losses are included in gross unrealized losses as of March 31, 2019 and December 31, 2018.
Investments by Contractual Maturity Year
Fixed maturities, AFS, by Contractual Maturity Year
 
March 31, 2019
 
December 31, 2018

Amortized Cost
Fair Value
 
Amortized Cost
Fair Value
One year or less
$
964

$
969

 
$
999

$
1,002

Over one year through five years
5,785

5,871

 
5,786

5,791

Over five years through ten years
7,259

7,391

 
6,611

6,495

Over ten years
12,444

13,066

 
12,629

12,820

Subtotal
26,452

27,297

 
26,025

26,108

Mortgage-backed and asset-backed securities
9,442

9,522

 
9,578

9,544

Total fixed maturities, AFS
$
35,894

$
36,819

 
$
35,603

$
35,652
Unrealized Loss on Investments
Unrealized Loss Aging for AFS Securities by Type and Length of Time as of March 31, 2019
 
Less Than 12 Months
 
12 Months or More
 
Total
 
Amortized Cost
Fair Value
Unrealized Losses
 
Amortized Cost
Fair Value
Unrealized Losses
 
Amortized Cost
Fair Value
Unrealized Losses
ABS
$
143

$
143

$
—

 
$
108

$
107

$
(1
)
 
$
251

$
250

$
(1
)
CLOs
1,218

1,208

(10
)
 
82

81

(1
)
 
1,300

1,289

(11
)
CMBS
83

82

(1
)
 
1,391

1,359

(32
)
 
1,474

1,441

(33
)
Corporate
737

722

(15
)
 
4,175

4,057

(118
)
 
4,912

4,779

(133
)
Foreign govt./govt. agencies
35

35

—

 
292

285

(7
)
 
327

320

(7
)
Municipal
8

8

—

 
285

278

(7
)
 
293

286

(7
)
RMBS
237

236

(1
)
 
985

973

(12
)
 
1,222

1,209

(13
)
U.S. Treasuries
153

153

—

 
294

290

(4
)
 
447

443

(4
)
Total fixed maturities, AFS in an unrealized loss position
$
2,614

$
2,587

$
(27
)
 
$
7,612

$
7,430

$
(182
)
 
$
10,226

$
10,017

$
(209
)
Unrealized Loss Aging for AFS Securities by Type and Length of Time as of December 31, 2018
 
Less Than 12 Months
 
12 Months or More
 
Total
 
Amortized Cost
Fair Value
Unrealized Losses
 
Amortized Cost
Fair Value
Unrealized Losses
 
Amortized Cost
Fair Value
Unrealized Losses
ABS
$
566

$
566

$
—

 
$
113

$
112

$
(1
)
 
$
679

$
678

$
(1
)
CLOs
1,358

1,338

(20
)
 
7

7

—

 
1,365

1,345

(20
)
CMBS
896

882

(14
)
 
1,129

1,079

(50
)
 
2,025

1,961

(64
)
Corporate
7,174

6,903

(271
)
 
2,541

2,366

(175
)
 
9,715

9,269

(446
)
Foreign govt./govt. agencies
407

391

(16
)
 
203

193

(10
)
 
610

584

(26
)
Municipal
1,643

1,613

(30
)
 
292

275

(17
)
 
1,935

1,888

(47
)
RMBS
1,344

1,329

(15
)
 
648

628

(20
)
 
1,992

1,957

(35
)
U.S. Treasuries
497

492

(5
)
 
339

329

(10
)
 
836

821

(15
)
Total fixed maturities, AFS in an unrealized loss position
$
13,885

$
13,514

$
(371
)
 
$
5,272

$
4,989

$
(283
)
 
$
19,157

$
18,503

$
(654
)
Schedule of Valuation Allowance for Impairment of Recognized Servicing Assets
Valuation Allowance Activity
 
2019
2018
Balance, as of January 1
$
(1
)
$
(1
)
Reversals
—

—

Deductions
—

—

Balance, as of March 31
$
(1
)
$
(1
)
Loans Credit Quality
Mortgage Loans Credit Quality
 
March 31, 2019
 
December 31, 2018
Loan-to-value
Carrying Value
Avg. Debt-Service Coverage Ratio
 
Carrying Value
Avg. Debt-Service Coverage Ratio
65% - 80%
390

1.58x
 
386

1.60x
Less than 65%
3,247

2.58x
 
3,318

2.59x
Total mortgage loans
$
3,637

2.48x
 
$
3,704

2.49x

Mortgage Loans by Region
 
March 31, 2019
 
December 31, 2018
 
Carrying Value
Percent of Total
 
Carrying Value
Percent of Total
East North Central
$
250

6.9
%
 
$
250

6.8
%
Middle Atlantic
269

7.4
%
 
270

7.3
%
Mountain
30

0.8
%
 
30

0.8
%
New England
329

9.1
%
 
330

8.9
%
Pacific
902

24.8
%
 
917

24.8
%
South Atlantic
692

19.0
%
 
712

19.2
%
West North Central
121

3.3
%
 
148

4.0
%
West South Central
419

11.5
%
 
420

11.3
%
Other [1]
625

17.2
%
 
627

16.9
%
Total mortgage loans
$
3,637

100.0
%
 
$
3,704

100.0
%
[1]
Primarily represents loans collateralized by multiple properties in various regions.
Mortgage Loans by Property Type
 
March 31, 2019
 
December 31, 2018
 
Carrying Value
Percent of Total
 
Carrying
Value
Percent of Total
Commercial
 
 
 
 
 
Industrial
$
1,073

29.5
%
 
$
1,108

29.9
%
Multifamily
1,137

31.3
%
 
1,138

30.7
%
Office
680

18.7
%
 
708

19.1
%
Retail
390

10.7
%
 
392

10.6
%
Single Family
81

2.2
%
 
82

2.2
%
Other
276

7.6
%
 
276

7.5
%
Total mortgage loans
$
3,637

100.0
%
 
$
3,704

100.0
%
Securities Lending and Repurchase Agreements [Table Text Block]
Payables for Collateral on Investments
 
March 31, 2019
December 31, 2018
 
Fair Value
Fair Value

Securities Lending Transactions:
 
 
Gross amount of securities on loan
$
675

$
820

Gross amount of associated liability for collateral received [1]
$
691

$
840

 
 
 
Repurchase agreements:
 
 
Gross amount of recognized liabilities for repurchase agreements
$
300

$
72

Gross amount of collateral pledged related to repurchase agreements [2]
$
303

$
73

Gross amount of recognized receivables for reverse repurchase agreements
$
83

$
64

 
 
 
Federal Home Loan Bank of Boston ("FHLBB") advance agreements:
 
 
Gross amount of recognized liabilities for FHLBB agreements
$
50

$
—

Gross amount of collateral pledged related to FHLBB agreements [2]
$
60

$
—

[1]
Cash collateral received is reinvested in fixed maturities, AFS and short-term investments which are included in the Condensed Consolidated Balance Sheets. Amount includes additional securities collateral received of $1 and $3 which are excluded from the Company's Condensed Consolidated Balance Sheets as of March 31, 2019 and December 31, 2018, respectively.
[2]
Collateral pledged is included within fixed maturities, AFS and short-term investments in the Company's Condensed Consolidated Balance Sheets.