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Fair Value Measurements - The carrying value and fair value of financial instruments (Details) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Financial assets:    
Mortgage loans $ 1,082 $ 1,125
Policy loans 181 184
Financial liabilities:    
Long-term debt 1,301 1,301
Level 1    
Financial assets:    
Cash and cash equivalents 1,659 2,338
Mortgage loans 0 0
Policy loans 0 0
Total financial assets not accounted for at fair value 1,659 2,338
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 1,316 1,351
Total financial liabilities not accounted for at fair value 1,316 1,351
Level 3    
Financial assets:    
Cash and cash equivalents 0 0
Mortgage loans 1,068 1,119
Policy loans 181 184
Total financial assets not accounted for at fair value 1,249 1,303
Financial liabilities:    
Annuity benefits accumulated [1] 31,983 32,461
Long-term debt 3 3
Total financial liabilities not accounted for at fair value 31,986 32,464
Carrying Value    
Financial assets:    
Cash and cash equivalents 1,659 2,338
Mortgage loans 1,082 1,125
Policy loans 181 184
Total financial assets not accounted for at fair value 2,922 3,647
Financial liabilities:    
Annuity benefits accumulated [1] 33,692 33,110
Long-term debt 1,301 1,301
Total financial liabilities not accounted for at fair value 34,993 34,411
Fair Value    
Financial assets:    
Cash and cash equivalents 1,659 2,338
Mortgage loans 1,068 1,119
Policy loans 181 184
Total financial assets not accounted for at fair value 2,908 3,641
Financial liabilities:    
Annuity benefits accumulated [1] 31,983 32,461
Long-term debt 1,319 1,354
Total financial liabilities not accounted for at fair value $ 33,302 $ 33,815
[1] Excludes $209 million and $206 million of life contingent annuities in the payout phase at March 31, 2018 and December 31, 2017, respectively.