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Fair Value Measurements - The carrying value and fair value of financial instruments (Details) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Financial assets:    
Mortgage loans $ 1,147 $ 1,125
Policy loans 179 184
Financial liabilities:    
Long-term debt 1,301 1,301
Level 1    
Financial assets:    
Cash and cash equivalents 1,810 2,338
Mortgage loans 0 0
Policy loans 0 0
Total financial assets not accounted for at fair value 1,810 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 1,262 1,351
Total financial liabilities not accounted for at fair value 1,262 1,351
Level 3    
Financial assets:    
Cash and cash equivalents 0 0
Mortgage loans 1,136 1,119
Policy loans 179 184
Total financial assets not accounted for at fair value 1,315 1,303
Financial liabilities:    
Annuity benefits accumulated [1] 33,204 32,461
Long-term debt 3 3
Total financial liabilities not accounted for at fair value 33,207 32,464
Carrying Value    
Financial assets:    
Cash and cash equivalents 1,810 2,338
Mortgage loans 1,147 1,125
Policy loans 179 184
Total financial assets not accounted for at fair value 3,136 3,647
Financial liabilities:    
Annuity benefits accumulated [1] 34,673 33,110
Long-term debt 1,301 1,301
Total financial liabilities not accounted for at fair value 35,974 34,411
Fair Value    
Financial assets:    
Cash and cash equivalents 1,810 2,338
Mortgage loans 1,136 1,119
Policy loans 179 184
Total financial assets not accounted for at fair value 3,125 3,641
Financial liabilities:    
Annuity benefits accumulated [1] 33,204 32,461
Long-term debt 1,265 1,354
Total financial liabilities not accounted for at fair value $ 34,469 $ 33,815
[1] Excludes $213 million and $206 million of life contingent annuities in the payout phase at June 30, 2018 and December 31, 2017, respectively.