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Changes in and Reclassifications From Accumulated Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
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Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Changes in AOCI, Net of Tax | 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 | 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.

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