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Closed Block (Closed Block Liabilities and Assets Designated to Closed Block; Maximum Future Earnings to be Recognized) (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Closed Block liabilities    
Future policy benefits $ 46,392 $ 46,762
Policyholders’ dividends payable 651 635
Policyholders’ dividend obligation 6,410 8,787
Policyholders’ account balances 4,839 4,874
Other Closed Block liabilities 3,358 3,141
Total Closed Block liabilities 61,650 64,199
Closed Block assets    
Fixed maturities, available-for-sale, at fair value 38,687 41,959
Fixed maturities, trading, at fair value 271 277
Equity securities, at fair value 2,563 2,345
Commercial mortgage and other loans 8,297 8,421
Policy loans 3,984 4,064
Other invested assets 3,730 3,610
Short-term investments 132 124
Total investments 57,664 60,800
Cash and cash equivalents 811 269
Accrued investment income 453 431
Other Closed Block assets 129 92
Total Closed Block assets 59,057 61,592
Excess of reported Closed Block liabilities over Closed Block assets 2,593 2,607
Portion of above representing accumulated other comprehensive income (loss):    
Net unrealized investment gains (losses) 3,189 5,810
Allocated to policyholder dividend obligation (3,244) (5,867)
Future earnings to be recognized from Closed Block assets and Closed Block liabilities $ 2,538 $ 2,550