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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities    
Net income (loss) $ 1,185 $ 356
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Realized (gain) loss 97 43
Trading securities purchases, sales and maturities, net 219 37
Amortization of deferred gain on business sold through reinsurance (27) (32)
Change in:    
Deferred acquisition costs, value of business acquired, deferred sales inducements and deferred front-end loads deferrals and interest, net of amortization 348 15
Premiums and fees receivable (98) (33)
Accrued investment income (34) (145)
Insurance liabilities and reinsurance-related balances (1,779) 244
Accrued expenses 246 (201)
Federal income tax accruals 216 (42)
Other (265) 99
Net cash provided by (used in) operating activities 108 341
Cash Flows from Investing Activities    
Purchases of available-for-sale securities and equity securities (11,897) (12,694)
Sales of available-for-sale securities and equity securities 1,452 1,549
Maturities of available-for-sale securities 7,055 3,710
Purchases of alternative investments (506) (265)
Sales and repayments of alternative investments 258 116
Issuance of mortgage loans on real estate (2,213) (1,231)
Repayment and maturities of mortgage loans on real estate 1,274 856
Issuance (repayment) of policy loans, net 48 (50)
Net change in collateral on investments, derivatives and related settlements 2,312 1,680
Other (219) (116)
Net cash provided by (used in) investing activities (2,436) (6,445)
Cash Flows from Financing Activities    
Payment of long-term debt, including current maturities   (1,096)
Issuance of long-term debt, net of issuance costs   1,289
Payment related to modification or early extinguishment of debt (8) (13)
Proceeds from certain financing arrangements 50 69
Deposits of fixed account values, including the fixed portion of variable 9,150 10,559
Withdrawals of fixed account values, including the fixed portion of variable (4,961) (4,625)
Transfers to and from separate accounts, net (252) 427
Common stock issued for benefit plans 14 (11)
Repurchase of common stock (455) (225)
Dividends paid to common stockholders (241) (233)
Other (63) (5)
Net cash provided by (used in) financing activities 3,234 6,136
Net increase (decrease) in cash, invested cash and restricted cash 906 32
Cash, invested cash and restricted cash as of beginning-of-year 1,708 2,563
Cash, invested cash and restricted cash as of end-of-period $ 2,614 $ 2,595