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Fair Value of Financial Instruments - Carrying Amounts of Assets and Liabilities at Estimated Fair Value Measured on a Recurring Basis (Details) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Assets    
Fixed maturity securities, available for sale $ 29,511 $ 27,587
Derivative investments 692 548
Total financial assets at fair value 4,400 3,267
Level 1    
Assets    
Cash and cash equivalents 3,471 2,719
Derivative investments 1 0
Short term investments 115 769
Total financial assets at fair value 6,671 5,311
Liabilities    
Fair value of future policy benefits   0
Derivatives:    
Total financial liabilities at fair value 0 0
Level 2    
Assets    
Cash and cash equivalents 0 0
Derivative investments 691 548
Short term investments 17 0
Total financial assets at fair value 25,819 25,431
Liabilities    
Fair value of future policy benefits   0
Derivatives:    
Total financial liabilities at fair value 107 101
Level 3    
Assets    
Cash and cash equivalents 0 0
Derivative investments 0 0
Short term investments 303 0
Total financial assets at fair value 4,400 3,267
Liabilities    
Fair value of future policy benefits   5
Derivatives:    
Total financial liabilities at fair value 3,759 3,409
Fair Value    
Assets    
Cash and cash equivalents 3,471 2,719
Derivative investments 692 548
Short term investments 435 769
Total financial assets at fair value 36,890 34,009
Liabilities    
Fair value of future policy benefits   5
Derivatives:    
Total financial liabilities at fair value 3,866 3,510
Carrying Value    
Assets    
Cash and cash equivalents 3,471 2,719
Derivative investments 692 548
Short term investments 435 769
Total financial assets at fair value 36,890 34,009
Liabilities    
Fair value of future policy benefits   5
Derivatives:    
Total financial liabilities at fair value 3,866 3,510
FIA embedded derivatives, included in contractholder funds | Level 1    
Derivatives:    
Derivative liability 0 0
FIA embedded derivatives, included in contractholder funds | Level 2    
Derivatives:    
Derivative liability 0 0
FIA embedded derivatives, included in contractholder funds | Level 3    
Derivatives:    
Derivative liability 3,759 3,404
FIA embedded derivatives, included in contractholder funds | Fair Value    
Derivatives:    
Derivative liability 3,759 3,404
FIA embedded derivatives, included in contractholder funds | Carrying Value    
Derivatives:    
Derivative liability 3,759 3,404
Reinsurance related embedded derivatives, included in accounts payable and accrued liabilities | Level 1    
Derivatives:    
Derivative liability 0 0
Reinsurance related embedded derivatives, included in accounts payable and accrued liabilities | Level 2    
Derivatives:    
Derivative liability 107 101
Reinsurance related embedded derivatives, included in accounts payable and accrued liabilities | Level 3    
Derivatives:    
Derivative liability 0 0
Reinsurance related embedded derivatives, included in accounts payable and accrued liabilities | Fair Value    
Derivatives:    
Derivative liability 107 101
Reinsurance related embedded derivatives, included in accounts payable and accrued liabilities | Carrying Value    
Derivatives:    
Derivative liability 107 101
Asset-backed securities    
Assets    
Fixed maturity securities, available for sale 7,404 6,266
Asset-backed securities | Level 1    
Assets    
Fixed maturity securities, available for sale 0 0
Asset-backed securities | Level 2    
Assets    
Fixed maturity securities, available for sale 5,095 4,916
Asset-backed securities | Level 3    
Assets    
Fixed maturity securities, available for sale 2,309 1,350
Asset-backed securities | Fair Value    
Assets    
Fixed maturity securities, available for sale 7,404 6,266
Asset-backed securities | Carrying Value    
Assets    
Fixed maturity securities, available for sale 7,404 6,266
Commercial mortgage-backed securities    
Assets    
Fixed maturity securities, available for sale 2,946 2,829
Commercial mortgage-backed securities | Level 1    
Assets    
Fixed maturity securities, available for sale 0 0
Commercial mortgage-backed securities | Level 2    
Assets    
Fixed maturity securities, available for sale 2,921 2,803
Commercial mortgage-backed securities | Level 3    
Assets    
Fixed maturity securities, available for sale 25 26
Commercial mortgage-backed securities | Fair Value    
Assets    
Fixed maturity securities, available for sale 2,946 2,829
Commercial mortgage-backed securities | Carrying Value    
Assets    
Fixed maturity securities, available for sale 2,946 2,829
Corporates    
Assets    
Fixed maturity securities, available for sale 14,691 14,735
Corporates | Level 1    
Assets    
Fixed maturity securities, available for sale 37 25
Corporates | Level 2    
Assets    
Fixed maturity securities, available for sale 13,453 13,421
Corporates | Level 3    
Assets    
Fixed maturity securities, available for sale 1,201 1,289
Corporates | Fair Value    
Assets    
Fixed maturity securities, available for sale 14,691 14,735
Corporates | Carrying Value    
Assets    
Fixed maturity securities, available for sale 14,691 14,735
Hybrids    
Assets    
Fixed maturity securities, available for sale 964 994
Hybrids | Level 1    
Assets    
Fixed maturity securities, available for sale 150 175
Hybrids | Level 2    
Assets    
Fixed maturity securities, available for sale 814 815
Hybrids | Level 3    
Assets    
Fixed maturity securities, available for sale 0 4
Hybrids | Fair Value    
Assets    
Fixed maturity securities, available for sale 964 994
Hybrids | Carrying Value    
Assets    
Fixed maturity securities, available for sale 964 994
Municipals | Level 1    
Assets    
Fixed maturity securities, available for sale 0 0
Municipals | Level 2    
Assets    
Fixed maturity securities, available for sale 1,403 1,360
Municipals | Level 3    
Assets    
Fixed maturity securities, available for sale 43 43
Municipals | Fair Value    
Assets    
Fixed maturity securities, available for sale 1,446 1,403
Municipals | Carrying Value    
Assets    
Fixed maturity securities, available for sale 1,446 1,403
Residential mortgage-backed securities    
Assets    
Fixed maturity securities, available for sale 801 825
Residential mortgage-backed securities | Level 1    
Assets    
Fixed maturity securities, available for sale 0 0
Residential mortgage-backed securities | Level 2    
Assets    
Fixed maturity securities, available for sale 358 342
Residential mortgage-backed securities | Level 3    
Assets    
Fixed maturity securities, available for sale 443 483
Residential mortgage-backed securities | Fair Value    
Assets    
Fixed maturity securities, available for sale 801 825
Residential mortgage-backed securities | Carrying Value    
Assets    
Fixed maturity securities, available for sale 801 825
U.S. Government    
Assets    
Fixed maturity securities, available for sale 1,059 342
U.S. Government | Level 1    
Assets    
Fixed maturity securities, available for sale 1,059 342
U.S. Government | Level 2    
Assets    
Fixed maturity securities, available for sale 0 0
U.S. Government | Level 3    
Assets    
Fixed maturity securities, available for sale 0 0
U.S. Government | Fair Value    
Assets    
Fixed maturity securities, available for sale 1,059 342
U.S. Government | Carrying Value    
Assets    
Fixed maturity securities, available for sale 1,059 342
Foreign Governments    
Assets    
Fixed maturity securities, available for sale 200 193
Foreign Governments | Level 1    
Assets    
Fixed maturity securities, available for sale 0 0
Foreign Governments | Level 2    
Assets    
Fixed maturity securities, available for sale 183 176
Foreign Governments | Level 3    
Assets    
Fixed maturity securities, available for sale 17 17
Foreign Governments | Fair Value    
Assets    
Fixed maturity securities, available for sale 200 193
Foreign Governments | Carrying Value    
Assets    
Fixed maturity securities, available for sale 200 193
Equity securities | Level 1    
Assets    
Equity securities 1,382 791
Equity securities | Level 2    
Assets    
Equity securities 0 0
Equity securities | Level 3    
Assets    
Equity securities 8 5
Equity securities | Fair Value    
Assets    
Equity securities 1,390 796
Equity securities | Carrying Value    
Assets    
Equity securities 1,390 796
Preferred securities    
Assets    
Equity securities 1,198 1,341
Preferred securities | Level 1    
Assets    
Equity securities 456 490
Preferred securities | Level 2    
Assets    
Equity securities 740 851
Preferred securities | Level 3    
Assets    
Equity securities 2 0
Preferred securities | Fair Value    
Assets    
Equity securities 1,198 1,341
Preferred securities | Carrying Value    
Assets    
Equity securities 1,198 1,341
Subscription agreements | Level 1    
Assets    
Equity securities   0
Subscription agreements | Level 2    
Assets    
Equity securities   199
Subscription agreements | Level 3    
Assets    
Equity securities   0
Subscription agreements | Fair Value    
Assets    
Equity securities   199
Subscription agreements | Carrying Value    
Assets    
Equity securities   199
Other long-term investments | Level 1    
Assets    
Other long-term investments 0 0
Other long-term investments | Level 2    
Assets    
Other long-term investments 144 0
Other long-term investments | Level 3    
Assets    
Other long-term investments 49 50
Other long-term investments | Fair Value    
Assets    
Other long-term investments 193 50
Other long-term investments | Carrying Value    
Assets    
Other long-term investments $ 193 $ 50