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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities    
Net income $ 1,154 $ 741
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Net realized capital losses (gains) (227) 122
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]    
Amortization of deferred policy acquisition costs 833 866
Additions to deferred policy acquisition costs (885) (856)
Depreciation and amortization 347 269
Other operating activities, net (88) 95
Increase in reinsurance recoverables (220) (123)
Net change in accrued and deferred income taxes (24) 175
Increase in insurance liabilities 1,330 597
Net change in other assets and other liabilities (623) (619)
Net cash provided by operating activities 1,597 1,267
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 11,370 9,023
Equity securities, at fair value 317 1,353
Mortgage loans 858 536
Partnerships 340 43
Payments for the purchase of:    
Fixed maturities, available-for-sale (10,716) (8,362)
Equity securities, at fair value (922) (671)
Mortgage loans (1,229) (762)
Partnerships (441) (187)
Payments for (Proceeds from) Derivative Instrument, Investing Activities 5 (139)
Net additions of property and equipment (47) (51)
Net payments for short-term investments (102) (883)
Other investing activities, net (2) 37
Net cash provided by (used for) investing activities (579) 215
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 42 29
Withdrawals and other deductions from investment and universal life-type contracts (37) (26)
Net decrease in securities loaned or sold under agreements to repurchase 0 (418)
Repayment of debt 0 (500)
Net return of shares under incentive and stock compensation plans   28
Treasury stock acquired (691) (150)
Dividends paid on preferred stock (10) (10)
Dividends paid on common stock (242) (224)
Net cash used for financing activities (933) (1,327)
Effect of Exchange Rate on Cash and Cash Equivalents 1 (45)
Cash and Cash Equivalents, Including Cash Held-for-sale, Period Increase (Decrease) 86 110
Cash and Cash Equivalents, Held-for-sale, Period Increase (Decrease) 17 0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 69 110
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 239 262
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 308 372
Supplemental Disclosure of Cash Flow Information    
Income tax paid 233 3
Interest paid 107 $ 124
Excess Tax Benefit from Share-based Compensation, Financing Activities $ 5