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Equity (Tables) | 6 Months Ended
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Jun. 30, 2021
Stockholders' Equity Note [Abstract] |
Schedule of Stock by Class [Table Text Block] | The changes in the number of common stock issued, held in treasury and outstanding are as follows for the periods indicated:
|  | Issued |  | Held In Treasury |  | Outstanding
Balance, December 31, 2020 |  | 85,310,598 |  |  | 17,353,697 |  |  | 67,956,901 |
Issuance of common stock |  | — |  |  | — |  |  | — |
Common stock acquired |  | — |  |  | — |  |  | — |
Stock-based compensation (1) |  | — |  |  | (40,036) |  |  | 40,036 |
Balance, June 30, 2021 |  | 85,310,598 |  |  | 17,313,661 |  |  | 67,996,937 |
|  | Issued |  | Held In Treasury |  | Outstanding
Balance, December 31, 2019 |  | 79,137,758 |  |  | 16,481,656 |  |  | 62,656,102 |
Issuance of common stock |  | 6,172,840 |  |  | — |  |  | 6,172,840 |
Common stock acquired |  | — |  |  | 1,074,413 |  |  | (1,074,413) |
Stock-based compensation (1) |  | — |  |  | (181,330) |  |  | 181,330 |
Balance, June 30, 2020 |  | 85,310,598 |  |  | 17,374,739 |  |  | 67,935,859 |
(1)Represents net shares issued from treasury pursuant to the Company’s equity-based compensation programs.
Components of Accumulated Other Comprehensive Income | The balance of and changes in each component of accumulated other comprehensive income (loss) (“AOCI”) for the six months ended June 30, 2021 and 2020 are as follows (dollars in millions):
|  | Accumulated Currency Translation Adjustments |  | Unrealized Appreciation (Depreciation) of Investments(1) |  | Pension and Postretirement Benefits |  | Total
Balance, December 31, 2020 |  | $ | (69) |  |  | $ | 5,500 |  |  | $ | (72) |  |  | $ | 5,359 |
Other comprehensive income (loss) before reclassifications |  | 55 |  |  | (1,607) |  |  | (3) |  |  | (1,555) |
Amounts reclassified to (from) AOCI |  | — |  |  | (154) |  |  | 3 |  |  | (151) |
Deferred income tax benefit (expense) |  | (6) |  |  | 394 |  |  | — |  |  | 388 |
Balance, June 30, 2021 |  | $ | (20) |  |  | $ | 4,133 |  |  | $ | (72) |  |  | $ | 4,041 |
|  | Accumulated Currency Translation Adjustments |  | Unrealized Appreciation (Depreciation) of Investments(1) |  | Pension and Postretirement Benefits |  | Total
Balance, December 31, 2019 |  | $ | (92) |  |  | $ | 3,299 |  |  | $ | (70) |  |  | $ | 3,137 |
Other comprehensive income (loss) before reclassifications |  | (116) |  |  | 1,034 |  |  | (12) |  |  | 906 |
Amounts reclassified to (from) AOCI |  | — |  |  | — |  |  | 2 |  |  | 2 |
Deferred income tax benefit (expense) |  | (2) |  |  | (244) |  |  | 2 |  |  | (244) |
Balance, June 30, 2020 |  | $ | (210) |  |  | $ | 4,089 |  |  | $ | (78) |  |  | $ | 3,801 |
(1)Includes cash flow hedges of $(40) and $(49) as of June 30, 2021 and December 31, 2020, respectively, and $(74) and $(26) as of June 30, 2020 and December 31, 2019, respectively. See Note 5 – “Derivative Instruments” for additional information on cash flow hedges.
Reclassification Out Of Accumulated Other Comprehensive Income | The following table presents the amounts of AOCI reclassifications for the three and six months ended June 30, 2021 and 2020 (dollars in millions):
|  | Amount Reclassified from AOCI |  |
|  | Three months ended June 30, |  | Six months ended June 30, |  |
Details about AOCI Components |  | 2021 |  | 2020 |  | 2021 |  | 2020 |  | Affected Line Item in Statements of Income
Net unrealized investment gains (losses): |  |  |  |  |  |  |  |  |  |
Net unrealized gains (losses) on available-for-sale securities |  | $ | 26 |  |  | $ | 11 |  |  | $ | 183 |  |  | $ | (28) |  |  | Investment related gains (losses), net
Cash flow hedges – Interest rate |  | — |  |  | (1) |  |  | (2) |  |  | (1) |  |  | (1)
Cash flow hedges – Currency/Interest rate |  | (4) |  |  | — |  |  | (4) |  |  | — |  |  | (1)
Deferred policy acquisition costs attributed to unrealized gains and losses |  | 19 |  |  | 131 |  |  | (23) |  |  | 29 |  |  | (2)
Total |  | 41 |  |  | 141 |  |  | 154 |  |  | — |  |  |
Provision for income taxes |  | (9) |  |  | (29) |  |  | (33) |  |  | (2) |  |  |
Net unrealized gains (losses), net of tax |  | $ | 32 |  |  | $ | 112 |  |  | $ | 121 |  |  | $ | (2) |  |  |
Amortization of defined benefit plan items: |  |  |  |  |  |  |  |  |  |
Prior service cost (credit) |  | $ | 1 |  |  | $ | 1 |  |  | $ | 1 |  |  | $ | 1 |  |  | (3)
Actuarial gains (losses) |  | (3) |  |  | (2) |  |  | (4) |  |  | (3) |  |  | (3)
Total |  | (2) |  |  | (1) |  |  | (3) |  |  | (2) |  |  |
Provision for income taxes |  | 1 |  |  | — |  |  | 1 |  |  | — |  |  |
Amortization of defined benefit plans, net of tax |  | $ | (1) |  |  | $ | (1) |  |  | $ | (2) |  |  | $ | (2) |  |  |
Total reclassifications for the period |  | $ | 31 |  |  | $ | 111 |  |  | $ | 119 |  |  | $ | (4) |  |  |
(1)See Note 5 – “Derivative Instruments” for additional information on cash flow hedges. (2)This AOCI component is included in the computation of the deferred policy acquisition cost. See Note 8 – “Deferred Policy Acquisition Costs” of the 2020 Annual Report for additional details. (3)This AOCI component is included in the computation of the net periodic pension cost. See Note 10 – “Employee Benefit Plans” for additional details.

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