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Fair Value Measurements - The carrying value and fair value of financial instruments (Details) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Financial assets:    
Mortgage loans $ 1,159 $ 1,147
Policy loans 190 192
Financial liabilities:    
Long-term debt 1,283 1,283
Level 1    
Financial assets:    
Cash and cash equivalents 1,890 2,107
Mortgage loans 0 0
Policy loans 0 0
Total financial assets not accounted for at fair value 1,890 2,107
Financial liabilities:    
Annuity benefits accumulated [1] 0 0
Long-term debt 0 0
Total financial liabilities not accounted for at fair value 0 0
Level 2    
Financial assets:    
Cash and cash equivalents 0 0
Mortgage loans 0 0
Policy loans 0 0
Total financial assets not accounted for at fair value 0 0
Financial liabilities:    
Annuity benefits accumulated [1] 0 0
Long-term debt 1,379 1,353
Total financial liabilities not accounted for at fair value 1,379 1,353
Level 3    
Financial assets:    
Cash and cash equivalents 0 0
Mortgage loans 1,158 1,146
Policy loans 190 192
Total financial assets not accounted for at fair value 1,348 1,338
Financial liabilities:    
Annuity benefits accumulated [1] 29,997 28,932
Long-term debt 3 3
Total financial liabilities not accounted for at fair value 30,000 28,935
Carrying Value    
Financial assets:    
Cash and cash equivalents 1,890 2,107
Mortgage loans 1,159 1,147
Policy loans 190 192
Total financial assets not accounted for at fair value 3,239 3,446
Financial liabilities:    
Annuity benefits accumulated [1] 30,799 29,703
Long-term debt 1,283 1,284
Total financial liabilities not accounted for at fair value 32,082 30,987
Fair Value    
Financial assets:    
Cash and cash equivalents 1,890 2,107
Mortgage loans 1,158 1,146
Policy loans 190 192
Total financial assets not accounted for at fair value 3,238 3,445
Financial liabilities:    
Annuity benefits accumulated [1] 29,997 28,932
Long-term debt 1,382 1,356
Total financial liabilities not accounted for at fair value $ 31,379 $ 30,288
[1] Excludes $203 million and $204 million of life contingent annuities in the payout phase at March 31, 2017 and December 31, 2016, respectively.