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v3.20.4

Subsequent Event - Results of businesses to be disposed (Details) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net investment income |  |  |  |  |  |  |  |  | $ 2,132 | $ 2,303 | $ 2,094
Realized gains (losses) on securities |  |  |  |  |  |  |  |  | 289 | 287 | (266)
Other income |  |  |  |  |  |  |  |  | 204 | 223 | 223
Total revenues | $ 2,623 | $ 2,060 | $ 1,951 | $ 1,275 | $ 2,130 | $ 2,123 | $ 1,960 | $ 2,024 | 7,909 | 8,237 | 7,150
Annuity benefits |  |  |  |  |  |  |  |  | 1,192 | 1,151 | 998
Annuity and supplemental insurance acquisition expenses |  |  |  |  |  |  |  |  | 306 | 253 | 261
Other expenses |  |  |  |  |  |  |  |  | 430 | 441 | 393
Total costs and expenses |  |  |  |  |  |  |  |  | 7,061 | 7,129 | 6,511
Earnings before income taxes |  |  |  |  |  |  |  |  | 848 | 1,108 | 639
Provision for income taxes |  |  |  |  |  |  |  |  | 127 | 239 | 122
Net earnings | $ 694 | $ 164 | $ 167 | $ (304) | $ 191 | $ 143 | $ 209 | $ 326 | 721 | 869 | 517
Great American Life Insurance Company |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net investment income |  |  |  |  |  |  |  |  | 1,670 | 1,774 | 1,618
Realized gains (losses) on securities |  |  |  |  |  |  |  |  | 364 | 132 | (105)
Other income |  |  |  |  |  |  |  |  | 126 | 136 | 139
Total revenues |  |  |  |  |  |  |  |  | 2,160 | 2,042 | 1,652
Annuity benefits |  |  |  |  |  |  |  |  | 1,192 | 1,151 | 998
Annuity and supplemental insurance acquisition expenses |  |  |  |  |  |  |  |  | 306 | 253 | 260
Other expenses |  |  |  |  |  |  |  |  | 181 | 180 | 177
Total costs and expenses |  |  |  |  |  |  |  |  | 1,679 | 1,584 | 1,435
Earnings before income taxes |  |  |  |  |  |  |  |  | 481 | 458 | 217
Provision for income taxes |  |  |  |  |  |  |  |  | 97 | 94 | 39
Net earnings |  |  |  |  |  |  |  |  | $ 384 | $ 364 | $ 178

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- Definition Annuity benefits includes 1) interest credited to policyholders accounts, which provides a guaranteed yield, 2) expenses related to excess benefits expected to be paid on future deaths and annuitizations and 3) net expenses related to changes in embedded derivatives on equity indexed annuities offset by equity index call options. + References No definition available. + Details
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