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Income Taxes - Reconciliation of income taxes at the statutory rate to the provision for income taxes (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Effective Income Tax Rate Reconciliation, Amount [Abstract]        
Earnings (loss) before income taxes (“EBT”) $ 134 $ 177 $ (36) $ 849
Income taxes at statutory rate 28 37 (8) 178
Effect of a sale of subsidiaries (73) 0 (73) 0
Effect of tax exempt interest (3) (4) (9) (11)
Effect of stock-based compensation 0 (2) (4) (6)
Effect of dividends received deduction (1) (1) (2) (3)
Effect of prior year income taxes (1) (3) (1) (3)
Effect of employee stock ownership plan dividend paid deduction (1) 0 (1) (1)
Effect of change in valuation allowance 20 4 31 7
Effect of nondeductible expenses 2 2 4 6
Effect of foreign operations (4) 0 (3) 0
Effect of other income tax reconciliation 3 1 3 4
Provision for income taxes as shown on the Statement of Earnings $ (30) $ 34 $ (63) $ 171
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
Income taxes at statutory rate as a percentage of EBT 21.00% 21.00% 21.00% 21.00%
Effect of sale of subsidiaries as a percentage of EBT (54.00%) 0.00% 203.00% 0.00%
Effect of tax exempt interest as a percentage of EBT (2.00%) (2.00%) 25.00% (1.00%)
Effect of stock-based compensation as a percentage of EBT 0.00% (1.00%) 11.00% (1.00%)
Effect of dividends received deduction as a percentage of EBT (1.00%) (1.00%) 6.00% 0.00%
Effect of prior year taxes as a percentage of EBT (1.00%) (2.00%) 3.00% 0.00%
Effect of dividends received deduction as a percentage of EBT (1.00%) 0.00% 3.00% 0.00%
Effect of change in valuation allowance as a percentage of EBT 15.00% 2.00% (86.00%) 1.00%
Effect of nondeductible expenses as a percentage of EBT 1.00% 1.00% (11.00%) 1.00%
Effect of foreign operations as a percentage of EBT (3.00%) 0.00% 8.00% 0.00%
Effect of other income tax reconciliation as a percentage of EBT 3.00% 1.00% (8.00%) (1.00%)
Provision for income taxes as shown on the Statement of Earnings as a percentage of EBT (22.00%) 19.00% 175.00% 20.00%