XML 88 R25.htm IDEA: XBRL DOCUMENT
v3.20.4

Changes in and Reclassifications From Accumulated Other Comprehensive Income (Loss) | 12 Months Ended
--- | ---
Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Changes in and Reclassifications From Accumulated Other Comprehensive Income (Loss) | 18. CHANGES IN AND RECLASSIFICATIONS FROM ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Changes in AOCI, Net of Tax for the Year Ended December 31, 2020
| Changes in
| Net Unrealized Gain on Fixed Maturities | Unrealized loss on Fixed Maturities with ACL | Net Gain (Loss) on Cash Flow Hedging Instruments | Foreign Currency Translation Adjustments | Pension and Other Postretirement Plan Adjustments | AOCI, net of tax
Beginning balance | $ | 1,684 |  | $ | (3) |  | $ | 9 |  | $ | 34 |  | $ | (1,672) |  | $ | 52 |
OCI before reclassifications | 1,285 |  | 1 |  | 24 |  | 9 |  | (92) |  | 1,227 |
Amounts reclassified from AOCI | (135) |  | — |  | (21) |  | — |  | 47 |  | (109) |
OCI, net of tax | 1,150 |  | 1 |  | 3 |  | 9 |  | (45) |  | 1,118 |
Ending balance | $ | 2,834 |  | $ | (2) |  | $ | 12 |  | $ | 43 |  | $ | (1,717) |  | $ | 1,170 |
Changes in AOCI, Net of Tax for the Year Ended December 31, 2019
| Changes in
| Net Unrealized Gain on Fixed Maturities | OTTI Losses in OCI | Net Gain (Loss) on Cash Flow Hedging Instruments | Foreign Currency Translation Adjustments | Pension and Other Postretirement Plan Adjustments | AOCI, net of tax
Beginning balance | $ | 24 |  | $ | (4) |  | $ | (5) |  | $ | 30 |  | $ | (1,624) |  | $ | (1,579) |
OCI before reclassifications [2] | 1,797 |  | 1 |  | 22 |  | 4 |  | (82) |  | 1,742 |
Amounts reclassified from AOCI | (137) |  | — |  | (8) |  | — |  | 34 |  | (111) |
OCI, net of tax | 1,660 |  | 1 |  | 14 |  | 4 |  | (48) |  | 1,631 |
Ending balance | $ | 1,684 |  | $ | (3) |  | $ | 9 |  | $ | 34 |  | $ | (1,672) |  | $ | 52 |
Changes in AOCI, Net of Tax for the Year ended December 31, 2018
| Changes in
| Net Unrealized Gain on Fixed Maturities | OTTI Losses in OCI | Net Gain on Cash Flow Hedging Instruments | Foreign Currency Translation Adjustments | Pension and Other Postretirement Plan Adjustments | AOCI, net of tax
Beginning balance | $ | 1,931 |  | $ | (3) |  | $ | 18 |  | $ | 34 |  | $ | (1,317) |  | $ | 663 |
Cumulative effect of accounting changes, net of tax [1] | 273 |  | — |  | 2 |  | 4 |  | (284) |  | (5) |
Adjusted balance, beginning of period | $ | 2,204 |  | $ | (3) |  | $ | 20 |  | $ | 38 |  | $ | (1,601) |  | $ | 658 |
OCI before reclassifications [2] | (2,245) |  | — |  | 8 |  | (8) |  | (61) |  | (2,306) |
Amounts reclassified from AOCI | 65 |  | (1) |  | (33) |  | — |  | 38 |  | 69 |
OCI, net of tax | (2,180) |  | (1) |  | (25) |  | (8) |  | (23) |  | (2,237) |
Ending balance | $ | 24 |  | $ | (4) |  | $ | (5) |  | $ | 30 |  | $ | (1,624) |  | $ | (1,579) |
[1]Includes reclassification to retained earnings of $88 of stranded tax effects and $93 of net unrealized gains, net of tax, related to equity securities. Refer to Note 1 - Basis of Presentation and Significant Accounting Policies. [2]The reduction in AOCI included the effect of removing $758 of AOCI from the balance sheet when the life and annuity business was sold in May 2018. Reclassifications from AOCI
AOCI | Amount Reclassified from AOCI | Affected Line Item in the Consolidated Statement of Operations
| For the year ended December 31, 2020 | For the year ended December 31, 2019 | For the year ended December 31, 2018 |
Net Unrealized Gain on Fixed Maturities |  |  |  |
Fixed maturities, AFS | $ | 171 |  | $ | 174 |  | $ | (80) |  | Net realized capital gains (losses)
| 171 |  | 174 |  | (80) |  | Total before tax
| 36 |  | 37 |  | (17) |  | Income tax expense
| — |  | — |  | (2) |  | Income from discontinued operations, net of tax
| $ | 135 |  | $ | 137 |  | $ | (65) |  | Net income
Unrealized Loss on Fixed Maturities with ACL [1] |  |  |  |
Fixed maturities, AFS | $ | — |  | $ | — |  | $ | — |  | Net realized capital gains (losses)
| — |  | — |  | — |  | Total before tax
| — |  | — |  | — |  | Income tax expense
| — |  | — |  | 1 |  | Income from discontinued operations, net of tax
| $ | — |  | $ | — |  | $ | 1 |  | Net income
Net Gains on Cash Flow Hedging Instruments |  |  |  |
Interest rate swaps | $ | — |  | $ | 2 |  | $ | 6 |  | Net realized capital gains (losses)
Interest rate swaps | 29 |  | 4 |  | 30 |  | Net investment income
Interest rate swaps | (7) |  | 1 |  | — |  | Interest expense
Foreign currency swaps | (1) |  | — |  | — |  | Net realized capital gains (losses)
Foreign currency swaps | 5 |  | 3 |  | — |  | Net investment income
| 26 |  | 10 |  | 36 |  | Total before tax
| 5 |  | 2 |  | 8 |  | Income tax expense
| — |  | — |  | 5 |  | Income from discontinued operations, net of tax
| $ | 21 |  | $ | 8 |  | $ | 33 |  | Net income
Pension and Other Postretirement Plan Adjustments |  |  |  |
Amortization of prior service credit | $ | 7 |  | $ | 7 |  | $ | 7 |  | Insurance operating costs and other expenses
Amortization of actuarial loss | (67) |  | (50) |  | (55) |  | Insurance operating costs and other expenses
| (60) |  | (43) |  | (48) |  | Total before tax
| (13) |  | (9) |  | (10) |  | Income tax expense
| (47) |  | (34) |  | (38) |  | Net income
Total amounts reclassified from AOCI | $ | 109 |  | $ | 111 |  | $ | (69) |  | Net income
[1] Prior to January 1, 2020, includes OTTI in OCI on fixed maturities, AFS. See Note 1 - Basis of Presentation and Significant Accounting Policies.

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration