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Deferred Policy Acquisition Costs (Tables)
 12 Months Ended
Dec. 31, 2019
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Deferred Policy Acquisition Costs Details

A progression of deferred policy acquisition costs is presented below (in millions): 
 
P&C
 
 
Annuity and Other
 
 
 
 
Deferred
 
 
Deferred
 
Sales
 
 
 
 
 
 
 
 
 
 
Consolidated
 
Costs
 
 
Costs
 
Inducements
 
PVFP
 
Subtotal
 
Unrealized (*)
 
Total
 
 
Total
Balance at December 31, 2016
$
238

 
 
$
1,110

 
$
110

 
$
46

 
$
1,266

 
$
(265
)
 
$
1,001

 
 
$
1,239

Additions
588

 
 
225

 
4

 
—

 
229

 
—

 
229

 
 
817

Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization
(556
)
 
 
(161
)
 
(19
)
 
(8
)
 
(188
)
 
—

 
(188
)
 
 
(744
)
Annuity unlocking
—

 
 
34

 
6

 
1

 
41

 
—

 
41

 
 
41

Included in realized gains
—

 
 
9

 
1

 
—

 
10

 
—

 
10

 
 
10

Foreign currency translation
—

 
 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Other
—

 
 
—

 
—

 
10

 
10

 
—

 
10

 
 
10

Change in unrealized
—

 
 
—

 
—

 
—

 
—

 
(157
)
 
(157
)
 
 
(157
)
Balance at December 31, 2017
270

 
 
1,217

 
102

 
49

 
1,368

 
(422
)
 
946

 
 
1,216

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additions
675

 
 
263

 
2

 
—

 
265

 
—

 
265

 
 
940

Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization
(644
)
 
 
(238
)
 
(19
)
 
(7
)
 
(264
)
 
—

 
(264
)
 
 
(908
)
Annuity unlocking
—

 
 
29

 
—

 
—

 
29

 
—

 
29

 
 
29

Included in realized gains
—

 
 
14

 
1

 
—

 
15

 
—

 
15

 
 
15

Foreign currency translation
(2
)
 
 
—

 
—

 
—

 
—

 
—

 
—

 
 
(2
)
Change in unrealized
—

 
 
—

 
—

 
—

 
—

 
392

 
392

 
 
392

Balance at December 31, 2018
299

 
 
1,285

 
86

 
42

 
1,413

 
(30
)
 
1,383

 
 
1,682

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additions
744

 
 
206

 
2

 
—

 
208

 
—

 
208

 
 
952

Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization
(721
)
 
 
(120
)
 
(13
)
 
(6
)
 
(139
)
 
—

 
(139
)
 
 
(860
)
Annuity unlocking
—

 
 
(76
)
 
(1
)
 
—

 
(77
)
 
—

 
(77
)
 
 
(77
)
Included in realized gains
—

 
 
8

 
1

 
—

 
9

 
—

 
9

 
 
9

Foreign currency translation
—

 
 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Change in unrealized
—

 
 
—

 
—

 
—

 
—

 
(669
)
 
(669
)
 
 
(669
)
Balance at December 31, 2019
$
322

 
 
$
1,303

 
$
75

 
$
36

 
$
1,414

 
$
(699
)
 
$
715

 
 
$
1,037



(*)
Adjustments to DPAC related to net unrealized gains/losses on securities and cash flow hedges.