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Equity | 6 Months Ended
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Jun. 30, 2021
Stockholders' Equity Note [Abstract] |
Stockholders' Equity Note Disclosure [Text Block] | Equity Common Stock 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. Common Stock Held in Treasury Common stock held in treasury is accounted for at average cost. Gains resulting from the reissuance of common stock held in treasury are credited to additional paid-in capital. Losses resulting from the reissuance of common stock held in treasury are charged first to additional paid-in capital to the extent the Company has previously recorded gains on treasury share transactions, then to retained earnings. In January 2019, RGA’s board of directors authorized a repurchase program for up to $400 million of RGA’s outstanding common stock. The authorization was effective immediately and does not have an expiration date. On August 3, 2021, the Company announced the lifting of the existing suspension on share repurchases. During the six months ended June 30, 2021, RGA did not repurchase any shares of common stock under this program. During the first six months of 2020, RGA repurchased 1,074,413 shares of common stock under this program for $153 million. Accumulated Other Comprehensive Income (Loss) 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. 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.

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