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Condensed Consolidated Statements of Income (Parenthetical) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Policy and other operating expenses $ 350 $ 296
Consolidated Entity Excluding Variable Interest Entities (VIE)    
Premiums 2,699 1,009
Product charges 257 202
Investment income 2,417 1,985
Investment expense 190 172
Investment related gains (losses) 3,088 (238)
Interest sensitive contract benefits 2,610 373
Future policy and other policy benefits 3,352 1,265
Amortization of deferred acquisition costs and value of business acquired 492 171
Net investment income 2,227 1,813
Consolidated Entity Excluding Variable Interest Entities (VIE) | Related Party    
Premiums 122 582
Product charges 28 5
Investment income 317 176
Investment expense 186 169
Investment related gains (losses) 746 (42)
Interest sensitive contract benefits 297 16
Future policy and other policy benefits 197 580
Policy and other operating expenses 20 5
Variable Interest Entities    
Investment related gains (losses) 8 (6)
Net investment income 37 24
Variable Interest Entities | Related Party    
Investment related gains (losses) 6 (6)
Net investment income $ 36 $ 24
Common Class B    
Basic (in USD per share) $ 7.43 $ 2.71
Common Class M-1    
Basic (in USD per share) 7.43 2.71
Common Class M-2    
Basic (in USD per share) 7.43 2.71
Common Class M-3    
Basic (in USD per share) 7.43 2.71
Common Class M-4    
Basic (in USD per share) $ 7.43 $ 2.71