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v3.19.3.a.u2

Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Information [Abstract] |
Reconciliation Of Revenue From Segments To Consolidated |
| For the Years Ended December 31, |
| 2019 |  | 2018 |  | 2017 |
Revenues |  |  |  |  |  |  |  |  |
Operating revenues: |  |  |  |  |  |  |  |  |
Annuities | $ | 4,600 |  | $ | 4,383 |  | $ | 4,378 |
Retirement Plan Services |  | 1,200 |  |  | 1,178 |  |  | 1,165 |
Life Insurance |  | 7,438 |  |  | 6,922 |  |  | 6,558 |
Group Protection |  | 4,588 |  |  | 3,757 |  |  | 2,201 |
Other Operations |  | 220 |  |  | 235 |  |  | 287 |
Excluded realized gain (loss), pre-tax |  | (794 | ) |  | (46 | ) |  | (336 | )
Amortization of deferred gain arising from reserve changes |  |  |  |  |  |  |  |  |
on business sold through reinsurance, pre-tax |  | - |  |  | - |  |  | 1 |
Amortization of DFEL associated with benefit ratio unlocking, pre-tax |  | 6 |  |  | (5 | ) |  | 3 |
Total revenues | $ | 17,258 |  | $ | 16,424 |  | $ | 14,257 |
Reconciliation Of Income (Loss) From Operations By Segment To Consolidated Net Income (Loss) |
| For the Years Ended December 31, |
| 2019 |  | 2018 |  | 2017 |
Net Income (Loss) |  |  |  |  |  |  |  |  |
Income (loss) from operations: |  |  |  |  |  |  |  |  |
Annuities | $ | 954 |  | $ | 1,102 |  | $ | 1,074 |
Retirement Plan Services |  | 172 |  |  | 171 |  |  | 149 |
Life Insurance |  | 259 |  |  | 645 |  |  | 536 |
Group Protection |  | 238 |  |  | 187 |  |  | 103 |
Other Operations |  | (268 | ) |  | (225 | ) |  | (108 | )
Excluded realized gain (loss), after-tax |  | (627 | ) |  | (37 | ) |  | (218 | )
Gain (loss) on early extinguishment of debt, after-tax |  | (33 | ) |  | (18 | ) |  | (3 | )
Benefit ratio unlocking, after-tax |  | 277 |  |  | (136 | ) |  | 129 |
Net impact from the Tax Cuts and Jobs Act |  | 17 |  |  | 19 |  |  | 1,322 |
Impairment of intangibles, after-tax |  | - |  |  | - |  |  | (905 | )
Acquisition and integration costs related to mergers and acquisitions, after-tax |  | (103 | ) |  | (67 | ) |  | - |
Net income (loss) | $ | 886 |  | $ | 1,641 |  | $ | 2,079 |
Reconciliation of Net Investment Income From Segments to Consolidated |
| For the Years Ended December 31, |
| 2019 |  | 2018 |  | 2017 |
Net Investment Income |  |  |  |  |  |  |  |  |
Annuities | $ | 1,140 |  | $ | 1,005 |  | $ | 1,038 |
Retirement Plan Services |  | 924 |  |  | 899 |  |  | 899 |
Life Insurance |  | 2,658 |  |  | 2,697 |  |  | 2,643 |
Group Protection |  | 307 |  |  | 260 |  |  | 168 |
Other Operations |  | 194 |  |  | 224 |  |  | 242 |
Total net investment income | $ | 5,223 |  | $ | 5,085 |  | $ | 4,990 |
Reconciliation of DAC VOBA Amortization From Segments to Consolidated |
| For the Years Ended December 31, |
| 2019 |  | 2018 |  | 2017 |
Amortization of DAC and VOBA, Net of Interest |  |  |  |  |  |  |  |  |
Annuities | $ | 408 |  | $ | 410 |  | $ | 401 |
Retirement Plan Services |  | 26 |  |  | 28 |  |  | 27 |
Life Insurance |  | 779 |  |  | 711 |  |  | 469 |
Group Protection |  | 111 |  |  | 92 |  |  | 79 |
Total amortization of DAC and VOBA, net of interest | $ | 1,324 |  | $ | 1,241 |  | $ | 976 |
Reconciliation of Federal Income Tax Expense (Benefit) from Segments to Consolidated Net Income (Loss) |
| For the Years Ended December 31, |
| 2019 |  | 2018 |  | 2017 |
Federal Income Tax Expense (Benefit) |  |  |  |  |  |  |  |  |
Annuities | $ | 139 |  | $ | 183 |  | $ | 199 |
Retirement Plan Services |  | 23 |  |  | 29 |  |  | 55 |
Life Insurance |  | 47 |  |  | 147 |  |  | 244 |
Group Protection |  | 63 |  |  | 50 |  |  | 55 |
Other Operations |  | (92 | ) |  | (77 | ) |  | (130 | )
Excluded realized gain (loss) |  | (167 | ) |  | (9 | ) |  | (118 | )
Gain (loss) on early extinguishment of debt |  | (9 | ) |  | (5 | ) |  | (2 | )
Benefit ratio unlocking |  | 74 |  |  | (36 | ) |  | 70 |
Net impact from the Tax Cuts and Jobs Act |  | (17 | ) |  | (19 | ) |  | (1,322 | )
Acquisition and integration costs related to |  |  |  |  |  |  |  |  |
mergers and acquisitions |  | (28 | ) |  | (19 | ) |  | - |
Total federal income tax expense (benefit) | $ | 33 |  | $ | 244 |  | $ | (949 | )
Reconciliation Of Assets From Segments To Consolidated |
| As of December 31, |
| 2019 |  | 2018 |
Assets |  |  |  |  |  |
Annuities | $ | 167,443 |  | $ | 145,458 |
Retirement Plan Services |  | 40,184 |  |  | 35,736 |
Life Insurance |  | 92,561 |  |  | 81,533 |
Group Protection |  | 9,467 |  |  | 8,495 |
Other Operations |  | 25,106 |  |  | 26,925 |
Total assets | $ | 334,761 |  | $ | 298,147 |

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