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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Premiums $ 2,465 $ 240 $ 195
Net investment income 3,269 2,914 2,510
Other-than-temporary impairment investment losses      
Other-than-temporary impairment losses reclassified to (from) other comprehensive income (4) 2 10
Total revenues 8,727 4,105 2,618
Benefits and Expenses      
Future policy and other policy benefits 3,163 1,059 518
Total benefits and expenses 7,192 3,389 2,028
Income before income taxes 1,535 716 590
Income tax expense (benefit) 87 (52) 12
Net income 1,448 768 578
Less: Net income attributable to noncontrolling interests 0 0 16
Net income available to Athene Holding Ltd. shareholders 1,448 768 562
Consolidated Entity Excluding Variable Interest Entities (VIE)      
Revenues      
Premiums 2,465 240 195
Product charges 340 281 248
Net investment income 3,269 2,914 2,510
Investment related gains (losses) 2,572 652 (430)
Other-than-temporary impairment investment losses      
Other-than-temporary impairment losses (29) (32) (40)
Other-than-temporary impairment losses reclassified to (from) other comprehensive income (4) 2 10
Net other-than-temporary impairment losses (33) (30) (30)
Other revenues 37 34 25
Benefits and Expenses      
Interest sensitive contract benefits 2,826 1,296 689
Amortization of deferred sales inducements 63 39 21
Future policy and other policy benefits 3,163 1,059 518
Amortization of deferred acquisition costs and value of business acquired 350 318 206
Dividends to policyholders 118 37 28
Policy and other operating expenses (related party: 2017 – $13, 2016 – $22 and 2015 – $18)   627 549
Variable Interest Entities      
Revenues      
Net investment income 42 67 67
Investment related gains (losses) $ 35 (53) 33
Benefits and Expenses      
Operating expenses of consolidated variable interest entities   $ 13 $ 17
Common Class A      
Earnings per share      
Basic (in USD per share) [1] $ 7.41 $ 4.11 $ 3.21
Diluted (in USD per share) 7.37 4.02 3.21
Common Class B      
Earnings per share      
Basic (in USD per share) 7.41 4.11 3.21 [1]
Diluted (in USD per share) 7.41 4.11 $ 3.21
Common Class M-1      
Earnings per share      
Basic (in USD per share) 7.41 4.11  
Diluted (in USD per share) 7.41 [1] $ 0.20  
Common Class M-2      
Earnings per share      
Basic (in USD per share) 7.41    
Diluted (in USD per share) [1] 5.38    
Common Class M-3      
Earnings per share      
Basic (in USD per share) 7.41    
Diluted (in USD per share) [1] 4.12    
Common Class M-4      
Earnings per share      
Basic (in USD per share) 7.41    
Diluted (in USD per share) [1] $ 3.31    
[1] Basic and diluted earnings per share for Class M-1 was applicable only for the years ended December 31, 2017 and 2016. Basic and diluted earnings per share for Class M-2, M-3 and M-4 were applicable only for the year ended December 31, 2017. See Note 13 – Earnings Per Share for further discussion.