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Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Reconciliation of Segment Operating Revenues to Consolidation
The table below reconciles segment adjusted operating revenues to total revenues presented on the condensed consolidated statements of income:
 
Three months ended September 30,
 
Nine months ended September 30,
(In millions)
2019
 
2018
 
2019
 
2018
Retirement Services
$
4,096

 
$
1,771

 
$
9,650

 
$
4,901

Corporate and Other
28

 
18

 
84

 
71

Non-operating adjustments
 
 
 
 
 
 
 
Change in fair values of derivatives and embedded derivatives – index annuities, net of offsets
84

 
884

 
1,490

 
823

Investment gains (losses), net of offsets
373

 
(89
)
 
1,768

 
(344
)
VIE expenses and noncontrolling interest

 
(1
)
 

 
1

Other adjustments to revenues
(80
)
 
(7
)
 
(161
)
 
(63
)
Total revenues
$
4,501

 
$
2,576

 
$
12,831

 
$
5,389


Reconciliation of Segment Operating Income to Consolidation
The table below reconciles segment adjusted operating income available to common shareholders to net income available to Athene Holding Ltd. common shareholders presented on the condensed consolidated statements of income:
 
Three months ended September 30,
 
Nine months ended September 30,
(In millions)
2019
 
2018
 
2019
 
2018
Retirement Services
$
256

 
$
379

 
$
918

 
$
905

Corporate and Other
(13
)
 
(8
)
 
(18
)
 
(5
)
Non-operating adjustments
 
 
 
 
 
 
 
Investment gains (losses), net of offsets
166

 
(53
)
 
1,041

 
(160
)
Change in fair values of derivatives and embedded derivatives – index annuities, net of offsets
(117
)
 
376

 
(201
)
 
530

Integration, restructuring and other non-operating expenses
(34
)
 
(2
)
 
(46
)
 
(18
)
Stock-based compensation, excluding LTIP
(3
)
 
(3
)
 
(9
)
 
(8
)
Income tax (expense) benefit – non-operating
21

 
(66
)
 
19

 
(87
)
Net income available to Athene Holding Ltd. common shareholders
$
276

 
$
623

 
$
1,704

 
$
1,157


Total Assets by Segment
The following represents total assets by segment:
(In millions)
September 30, 2019
 
December 31, 2018
Retirement Services
$
141,501

 
$
123,498

Corporate and Other
2,701

 
2,007

Total assets
$
144,202

 
$
125,505