XML 37 R24.htm IDEA: XBRL DOCUMENT v3.20.2
Investments (Tables)
 6 Months Ended
Jun. 30, 2020
Schedule of Investments [Abstract]  
Financing Receivable, Nonaccrual [Table Text Block]
The following represents our commercial mortgage loan portfolio in non-accrual status:
(In millions)
June 30, 2020
Beginning amortized cost of commercial mortgage loans in non-accrual status
$
—

Ending amortized cost of commercial mortgage loans in non-accrual status
39

Amortized cost of commercial mortgage loans in non-accrual status without a related allowance for credit losses
—


The following represents our residential loan portfolio in non-accrual status:
(In millions)
June 30, 2020
Beginning amortized cost of residential mortgage loans in non-accrual status
$
67

Ending amortized cost of residential mortgage loans in non-accrual status
130

Amortized cost of residential mortgage loans in non-accrual status without a related allowance for credit losses
22
Debt Securities, Available-for-sale, Allowance for Credit Loss [Table Text Block]
Allowance for Credit Losses—The following table summarizes the activity in the allowance for credit losses for AFS securities by asset type:
 
Three months ended June 30, 2020
 
 
 
Additions
 
Reductions
 
 
 
 
(In millions)
Beginning balance
 
Initial credit losses
 
Initial credit losses on PCD securities
 
Securities sold during the period
 
Additions (reductions) to previously impaired securities
 
Ending Balance
AFS securities
 
 
 
 
 
 
 
 
 
 
 
Corporate
$
15

 
$
16

 
$
—

 
$
—

 
$
—

 
$
31

CLO
—

 
1

 
—

 
—

 
—

 
1

ABS
5

 
—

 
—

 
—

 
(3
)
 
2

CMBS
4

 
5

 
—

 
—

 
1

 
10

RMBS
54

 
13

 
60

 
(1
)
 
3

 
129

Total AFS securities
78


35


60


(1
)

1

 
173

AFS securities – related party
 
 
 
 
 
 
 
 
 
 
 
CLO
—

 
1

 
—

 
—

 
1

 
2

Total AFS securities including related party
$
78


$
36


$
60


$
(1
)

$
2

 
$
175

 
Six months ended June 30, 2020
 
 
 
Additions
 
Reductions
 
 
 
 
(In millions)
Beginning balance
 
Initial credit losses
 
Initial credit losses on PCD securities
 
Securities sold during the period
 
Additions (reductions) to previously impaired securities
 
Ending Balance
AFS securities
 
 
 
 
 
 
 
 
 
 
 
Corporate
$
—

 
$
31

 
$
—

 
$
—

 
$
—

 
$
31

CLO
—

 
1

 
—

 
—

 
—

 
1

ABS
—

 
5

 
—

 
—

 
(3
)
 
2

CMBS
—

 
9

 
—

 
—

 
1

 
10

RMBS
17

 
48

 
61

 
(2
)
 
5

 
129

Total AFS securities
17


94


61


(2
)

3

 
173

AFS securities – related party
 
 
 
 
 
 
 
 
 
 
 
CLO
—

 
1

 
—

 
—

 
1

 
2

Total AFS securities including related party
$
17


$
95


$
61


$
(2
)

$
4

 
$
175
Available-for-sale Securities
 
June 30, 2020
(In millions)
Amortized Cost
 
Allowance for Credit Losses
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
AFS securities
 
 
 
 
 
 
 
 
 
U.S. government and agencies
$
71

 
$
—

 
$
3

 
$
—

 
$
74

U.S. state, municipal and political subdivisions
799

 
—

 
146

 
(2
)
 
943

Foreign governments
318

 
—

 
20

 
(1
)
 
337

Corporate
47,251

 
(31
)
 
4,608

 
(629
)
 
51,199

CLO
8,441

 
(1
)
 
19

 
(507
)
 
7,952

ABS
4,923

 
(2
)
 
110

 
(258
)
 
4,773

CMBS
2,402

 
(10
)
 
53

 
(148
)
 
2,297

RMBS
7,010

 
(129
)
 
343

 
(64
)
 
7,160

Total AFS securities
71,215

 
(173
)
 
5,302

 
(1,609
)
 
74,735

AFS securities – related party
 
 
 
 
 
 
 
 
 
Corporate
18

 
—

 
2

 
—

 
20

CLO
1,297

 
(2
)
 
5

 
(61
)
 
1,239

ABS
2,858

 
—

 
26

 
(73
)
 
2,811

Total AFS securities – related party
4,173

 
(2
)
 
33

 
(134
)
 
4,070

Total AFS securities including related party
$
75,388

 
$
(175
)
 
$
5,335

 
$
(1,743
)
 
$
78,805



The following table represents the amortized cost, gross unrealized gains and losses, fair value and other than temporary impairments (OTTI) in accumulated other comprehensive income (AOCI) of our AFS investments by asset type:
 
December 31, 2019
(In millions)
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
OTTI
in AOCI
AFS securities
 
 
 
 
 
 
 
 
 
U.S. government and agencies
$
35

 
$
1

 
$
—

 
$
36

 
$
—

U.S. state, municipal and political subdivisions
1,322

 
220

 
(1
)
 
1,541

 
—

Foreign governments
298

 
29

 
—

 
327

 
—

Corporate
44,106

 
3,332

 
(210
)
 
47,228

 
1

CLO
7,524

 
21

 
(196
)
 
7,349

 
—

ABS
5,018

 
124

 
(24
)
 
5,118

 
4

CMBS
2,304

 
104

 
(8
)
 
2,400

 
1

RMBS
6,872

 
513

 
(10
)
 
7,375

 
19

Total AFS securities
67,479


4,344


(449
)

71,374


25

AFS securities – related party
 
 
 
 
 
 
 
 
 
Corporate
18

 
1

 
—

 
19

 
—

CLO
951

 
3

 
(18
)
 
936

 
—

ABS
2,814

 
37

 
(2
)
 
2,849

 
—

Total AFS securities – related party
3,783

 
41

 
(20
)
 
3,804

 
—

Total AFS securities including related party
$
71,262

 
$
4,385

 
$
(469
)
 
$
75,178

 
$
25
Available-for-sale Securities by Contractual Maturity
The amortized cost and fair value of AFS securities, including related party, are shown by contractual maturity below:    
 
June 30, 2020
(In millions)
Amortized Cost
 
Fair Value
AFS securities
 
 
 
Due in one year or less
$
1,203

 
$
1,210

Due after one year through five years
9,089

 
9,467

Due after five years through ten years
11,247

 
11,958

Due after ten years
26,900

 
29,918

CLO, ABS, CMBS and RMBS
22,776

 
22,182

Total AFS securities
71,215

 
74,735

AFS securities – related party
 
 
 
Due after one year through five years
18

 
20

CLO and ABS
4,155

 
4,050

Total AFS securities – related party
4,173

 
4,070

Total AFS securities including related party
$
75,388

 
$
78,805
Schedule of Unrealized Loss on Investments [Table Text Block]
The following summarizes the fair value and gross unrealized losses for AFS securities, including related party, aggregated by asset type and length of time the fair value has remained below amortized cost:
 
December 31, 2019
 
Less than 12 months
 
12 months or more
 
Total
(In millions)
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross Unrealized Losses
 
Fair Value
 
Gross Unrealized Losses
AFS securities
 
 
 
 
 
 
 
 
 
 
 
U.S. government and agencies
$
3

 
$
—

 
$
—

 
$
—

 
$
3

 
$
—

U.S. state, municipal and political subdivisions
78

 
(1
)
 
10

 
—

 
88

 
(1
)
Corporate
2,898

 
(140
)
 
902

 
(70
)
 
3,800

 
(210
)
CLO
1,959

 
(38
)
 
3,241

 
(158
)
 
5,200

 
(196
)
ABS
642

 
(6
)
 
255

 
(18
)
 
897

 
(24
)
CMBS
220

 
(4
)
 
41

 
(4
)
 
261

 
(8
)
RMBS
445

 
(6
)
 
163

 
(4
)
 
608

 
(10
)
Total AFS securities
6,245


(195
)

4,612


(254
)

10,857


(449
)
AFS securities – related party
 
 
 
 
 
 
 
 
 
 
 
CLO
362

 
(7
)
 
242

 
(11
)
 
604

 
(18
)
ABS
357

 
(2
)
 
—

 
—

 
357

 
(2
)
Total AFS securities – related party
719

 
(9
)
 
242

 
(11
)
 
961

 
(20
)
Total AFS securities including related party
$
6,964

 
$
(204
)
 
$
4,854

 
$
(265
)
 
$
11,818

 
$
(469
)
Fair Values and Unrealized Losses on Available-for-sale Securities The following summarizes the fair value and gross unrealized losses for AFS securities, including related party, for which an allowance for credit losses has not been recorded, aggregated by asset type and length of time the fair value has remained below amortized cost:
 
June 30, 2020
 
Less than 12 months
 
12 months or more
 
Total
(In millions)
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
AFS securities
 
 
 
 
 
 
 
 
 
 
 
U.S. government and agencies
$
11

 
$
—

 
$
—

 
$
—

 
$
11

 
$
—

U.S. state, municipal and political subdivisions
43

 
(1
)
 
10

 
(1
)
 
53

 
(2
)
Foreign governments
76

 
(1
)
 
—

 
—

 
76

 
(1
)
Corporate
7,217

 
(451
)
 
398

 
(84
)
 
7,615

 
(535
)
CLO
4,063

 
(189
)
 
2,782

 
(305
)
 
6,845

 
(494
)
ABS
2,161

 
(211
)
 
159

 
(23
)
 
2,320

 
(234
)
CMBS
878

 
(123
)
 
30

 
(10
)
 
908

 
(133
)
RMBS
817

 
(36
)
 
32

 
(2
)
 
849

 
(38
)
Total AFS securities
15,266

 
(1,012
)
 
3,411

 
(425
)
 
18,677

 
(1,437
)
AFS securities – related party
 
 
 
 
 
 
 
 
 
 
 
CLO
937

 
(44
)
 
172

 
(17
)
 
1,109

 
(61
)
ABS
1,930

 
(73
)
 
—

 
—

 
1,930

 
(73
)
Total AFS securities – related party
2,867

 
(117
)
 
172

 
(17
)
 
3,039

 
(134
)
Total AFS securities including related party
$
18,133

 
$
(1,129
)
 
$
3,583

 
$
(442
)
 
$
21,716

 
$
(1,571
)
Net Investment Income
Net Investment Income—Net investment income by asset class consists of the following:
 
Three months ended June 30,
 
Six months ended June 30,
(In millions)
2020
 
2019
 
2020
 
2019
AFS securities
$
790

 
$
763

 
$
1,627

 
$
1,516

Trading securities
42

 
49

 
90

 
91

Equity securities
2

 
4

 
6

 
7

Mortgage loans
175

 
159

 
361

 
310

Investment funds
372

 
123

 
94

 
149

Funds withheld at interest
43

 
134

 
84

 
297

Other
38

 
45

 
75

 
84

Investment revenue
1,462

 
1,277

 
2,337

 
2,454

Investment expenses
(126
)
 
(95
)
 
(256
)
 
(190
)
Net investment income
$
1,336

 
$
1,182

 
$
2,081

 
$
2,264
Investment Related Gains (Losses)
Investment Related Gains (Losses)—Investment related gains (losses) by asset class consists of the following:
 
Three months ended June 30,
 
Six months ended June 30,
(In millions)
2020
 
2019
 
2020
 
2019
AFS securities
 
 
 
 
 
 
 
Gross realized gains on investment activity
$
68

 
$
56

 
$
232

 
$
73

Gross realized losses on investment activity
(66
)
 
(4
)
 
(200
)
 
(17
)
Net realized investment gains on AFS securities
2

 
52

 
32

 
56

Net recognized investment gains (losses) on trading securities
191

 
79

 
(32
)
 
135

Net recognized investment gains (losses) on equity securities
30

 
1

 
(20
)
 
19

Derivative gains (losses)
2,330

 
1,181

 
(689
)
 
2,873

Provision for credit losses
(5
)
 
—

 
(289
)
 
—

Other gains (losses)
—

 
—

 
(26
)
 
6

Investment related gains (losses)
$
2,548

 
$
1,313

 
$
(1,024
)
 
$
3,089


The following table summarizes the change in unrealized gains (losses) on trading and equity securities we held as of the respective period end:
 
Three months ended June 30,
 
Six months ended June 30,
(In millions)
2020
 
2019
 
2020
 
2019
Trading securities
$
135

 
$
98

 
$
62

 
$
169

Trading securities – related party
66

 
(13
)
 
(43
)
 
(15
)
Equity securities
17

 
2

 
(20
)
 
20

Equity securities – related party
—

 
(5
)
 
—

 
(2
)
Purchased Credit Impaired (PCI) Investments
Purchased Financial Assets with Credit Deterioration—The following table summarizes our PCD investment purchases with the following amounts at the time of purchase:
 
Three months ended June 30, 2020
 
Six months ended June 30, 2020
(In millions)
Fixed maturity securities
 
Mortgage loans
 
Fixed maturity securities
 
Mortgage loans
Purchase price
$
225

 
$
—

 
$
239

 
$
—

Allowance for credit losses at acquisition
60

 
—

 
61

 
—

Discount (premiums) attributable to other factors
33

 
—

 
34

 
—

Par value
$
318

 
$
—

 
$
334

 
$
—
Mortgage Loans, Net
Mortgage Loans, including related party—Mortgage loans, net of allowances, consists of the following:
(In millions)
June 30, 2020
 
December 31, 2019
Commercial mortgage loans
$
11,339

 
$
10,422

Commercial mortgage loans under development
186

 
93

Total commercial mortgage loans
11,525

 
10,515

Allowance for credit losses on commercial mortgage loans
(294
)
 
(10
)
Commercial mortgage loans, net of allowances
11,231

 
10,505

Residential mortgage loans
4,683

 
4,455

Allowance for credit losses on residential mortgage loans
(85
)
 
(1
)
Residential mortgage loans, net of allowances
4,598

 
4,454

Mortgage loans, net of allowances
$
15,829

 
$
14,959


The distribution of commercial mortgage loans, including those under development, net of allowances, by property type and geographic region, is as follows:
 
June 30, 2020
 
December 31, 2019
(In millions, except for percentages)
Net Carrying Value
 
Percentage of Total
 
Net Carrying Value
 
Percentage of Total
Property type
 
 
 
 
 
 
 
Office building
$
3,545

 
31.6
%
 
$
2,899

 
27.6
%
Retail
2,080

 
18.5
%
 
2,182

 
20.8
%
Apartment
2,401

 
21.4
%
 
2,142

 
20.4
%
Hotels
1,131

 
10.1
%
 
1,104

 
10.5
%
Industrial
1,385

 
12.3
%
 
1,448

 
13.8
%
Other commercial
689

 
6.1
%
 
730

 
6.9
%
Total commercial mortgage loans
$
11,231

 
100.0
%
 
$
10,505

 
100.0
%
 
 
 
 
 
 
 
 
U.S. Region
 
 
 
 
 
 
 
East North Central
$
1,202

 
10.7
%
 
$
1,036

 
9.9
%
East South Central
417

 
3.7
%
 
428

 
4.1
%
Middle Atlantic
3,058

 
27.3
%
 
2,580

 
24.6
%
Mountain
508

 
4.5
%
 
528

 
5.0
%
New England
336

 
3.0
%
 
340

 
3.2
%
Pacific
2,585

 
23.0
%
 
2,502

 
23.8
%
South Atlantic
1,988

 
17.7
%
 
1,920

 
18.3
%
West North Central
137

 
1.2
%
 
146

 
1.4
%
West South Central
765

 
6.8
%
 
791

 
7.5
%
Total U.S. Region
10,996

 
97.9
%
 
10,271

 
97.8
%
International Region
235

 
2.1
%
 
234

 
2.2
%
Total commercial mortgage loans
$
11,231

 
100.0
%
 
$
10,505

 
100.0
%


Our residential mortgage loan portfolio includes first lien residential mortgage loans collateralized by properties in various geographic locations and is summarized by proportion of the portfolio in the following table:
 
June 30, 2020
 
December 31, 2019
U.S. States
 
 
 
California
36.5
%
 
27.0
%
Florida
11.5
%
 
12.7
%
Texas
4.4
%
 
6.2
%
Other1
35.5
%
 
41.7
%
Total U.S. residential mortgage loan percentage
87.9
%
 
87.6
%
International – Ireland
11.9
%
 
12.4
%
International – Other2
0.2
%
 
—
%
Total residential mortgage loan percentage
100.0
%
 
100.0
%
 
 
 
 
1 Represents all other states, with each individual state comprising less than 5% of the portfolio.
2 Represents all other countries, with each individual country comprising less than 5% of the portfolio.
Financing Receivable, Allowance for Credit Loss [Table Text Block]
Loan Valuation Allowance—The allowances for our mortgage loan portfolio and other loans is summarized as follows:
 
Three months ended June 30, 2020
 
Six months ended June 30, 2020
(In millions)
Commercial Mortgage
 
Residential Mortgage
 
Other Investments
 
Total
 
Commercial Mortgage
 
Residential Mortgage
 
Other Investments
 
Total
Beginning balance
$
343

 
$
81

 
$
12

 
$
436

 
$
10

 
$
1

 
$
—

 
$
11

Adoption of accounting standard
—

 
—

 
—

 
—

 
167

 
43

 
11

 
221

Provision (reversal) for expected credit losses
(49
)
 
5

 
8

 
(36
)
 
117

 
42

 
9

 
168

Loans charged-off
—

 
(1
)
 
—

 
(1
)
 
—

 
(1
)
 
—

 
(1
)
Ending balance
$
294

 
$
85

 
$
20

 
$
399

 
$
294

 
$
85

 
$
20

 
$
399
Credit Quality Indicators of the Commercial Mortgage Portfolio
The debt service coverage ratio is expressed as a percentage of a property’s net operating income to its debt service payments. A debt service ratio of less than 1.0 indicates a property’s operations do not generate enough income to cover debt payments. Debt service coverage ratios are updated as more recent financial statements become available, at least annually or as frequently as quarterly in some cases. The following represents the debt service coverage ratio of the commercial mortgage loan portfolio, excluding those under development, by origination year:    
 
June 30, 2020
(In millions)
2020
 
2019
 
2018
 
2017
 
2016
 
Prior
 
Total
Greater than 1.20x
$
928

 
$
3,501

 
$
2,712

 
$
994

 
$
146

 
$
1,564

 
$
9,845

1.00x – 1.20x
274

 
1,020

 
58

 
32

 
—

 
80

 
1,464

Less than 1.00x
—

 
—

 
—

 
23

 
—

 
7

 
30

Commercial mortgage loans
$
1,202

 
$
4,521

 
$
2,770

 
$
1,049

 
$
146

 
$
1,651

 
$
11,339



The following represents the debt service coverage ratio of the commercial mortgage loan portfolio, excluding those under development, net of valuation allowances:    
(In millions)
December 31, 2019
Greater than 1.20x
$
9,212

1.00x – 1.20x
1,166

Less than 1.00x
34

Commercial mortgage loans
$
10,412



The following represents the loan-to-value ratio of the commercial mortgage loan portfolio, excluding those under development, by origination year:    
 
June 30, 2020
(In millions)
2020
 
2019
 
2018
 
2017
 
2016
 
Prior
 
Total
Less than 50%
$
274

 
$
631

 
$
207

 
$
147

 
$
60

 
$
1,324

 
$
2,643

50% to 60%
144

 
1,268

 
831

 
332

 
40

 
135

 
2,750

61% to 70%
442

 
2,023

 
1,445

 
475

 
46

 
106

 
4,537

71% to 80%
342

 
599

 
287

 
95

 
—

 
47

 
1,370

Greater than 100%
—

 
—

 
—

 
—

 
—

 
39

 
39

Commercial mortgage loans
$
1,202

 
$
4,521

 
$
2,770

 
$
1,049

 
$
146

 
$
1,651

 
$
11,339



The following represents the loan-to-value ratio of the commercial mortgage loan portfolio, excluding those under development, net of valuation allowances:    
(In millions)
December 31, 2019
Less than 50%
$
2,640

50% to 60%
2,486

61% to 70%
4,093

71% to 80%
1,162

81% to 100%
31

Commercial mortgage loans
$
10,412
Investment Funds
The following summarizes our investment funds, including related party:
 
June 30, 2020
 
December 31, 2019
(In millions, except for percentages)
Carrying value
 
Percent of total
 
Carrying value
 
Percent of total
Investment funds
 
 
 
 
 
 
 
Real estate
$
274

 
40.2
%
 
$
277

 
36.9
%
Credit funds
115

 
16.9
%
 
153

 
20.4
%
Private equity
232

 
34.0
%
 
236

 
31.5
%
Real assets
61

 
8.9
%
 
83

 
11.1
%
Natural resources
—

 
—
%
 
1

 
0.1
%
Total investment funds
682

 
100.0
%
 
750

 
100.0
%
Investment funds – related parties
 
 
 
 
 
 
 
Differentiated investments
 
 
 
 
 
 
 
MidCap FinCo Designated Activity Company (MidCap)1
517

 
9.8
%
 
547

 
15.4
%
AmeriHome Mortgage Company, LLC (AmeriHome)1
594

 
11.3
%
 
487

 
13.7
%
Catalina Holdings Ltd. (Catalina)
295

 
5.6
%
 
271

 
7.6
%
Athora Holding Ltd. (Athora)1
497

 
9.4
%
 
132

 
3.7
%
Venerable Holdings, Inc. (Venerable)1
118

 
2.2
%
 
99

 
2.8
%
Other
246

 
4.7
%
 
222

 
6.3
%
Total differentiated investments
2,267

 
43.0
%
 
1,758

 
49.5
%
Real estate
709

 
13.4
%
 
853

 
24.0
%
Credit funds
363

 
6.9
%
 
370

 
10.4
%
Private equity
255

 
4.8
%
 
105

 
3.0
%
Real assets
233

 
4.4
%
 
182

 
5.1
%
Natural resources
95

 
1.8
%
 
163

 
4.6
%
Public equities
43

 
0.8
%
 
119

 
3.4
%
Investment in Apollo1
1,313

 
24.9
%
 
—

 
—
%
Total investment funds – related parties
5,278

 
100.0
%
 
3,550

 
100.0
%
Total investment funds including related party
$
5,960

 
 
 
$
4,300

 
 
 
 
 
 
 
 
 
 
1 See further discussion on MidCap, AmeriHome, Athora, Venerable and our investment in Apollo in Note 11 – Related Parties.
Schedule of Variable Interest Entities
The following summarizes the carrying value and maximum loss exposure of these non-consolidated investments:
 
June 30, 2020
 
December 31, 2019
(In millions)
Carrying Value
 
Maximum Loss Exposure
 
Carrying Value
 
Maximum Loss Exposure
Investment funds
$
682

 
$
1,165

 
$
750

 
$
1,265

Investment in related parties – investment funds
5,278

 
7,316

 
3,550

 
5,955

Investment in fixed maturity securities
22,589

 
23,183

 
22,694

 
22,170

Investment in related parties – fixed maturity securities
4,922

 
5,393

 
4,570

 
4,878

Investment in related parties – equity securities
52

 
52

 
58

 
58

Total non-consolidated investments
$
33,523

 
$
37,109

 
$
31,622

 
$
34,326
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]
The following table summarizes the securities pledged as collateral for repurchase agreements:
 
June 30, 2020
 
December 31, 2019
(In millions)
Amortized Cost
 
Fair Value
 
Amortized Cost
 
Fair Value
AFS securities – Corporate
$
1,595

 
$
1,829

 
$
498

 
$
534


The following table summarizes the maturities of our repurchase agreements:
 
June 30, 2020
 
Remaining Contractual Maturity
(In millions)
Overnight and continuous
 
Less than 30 days
 
30-90 days
 
91 days – 1 year
 
Greater than 1 year
 
Total
Payables for repurchase agreements1
$
—

 
$
—

 
$
501

 
$
500

 
$
598

 
$
1,599

 
 
 
 
 
 
 
 
 
 
 
 
1 Included in payables for collateral on derivatives and securities to repurchase on the condensed consolidated balance sheets.

 
December 31, 2019
 
Remaining Contractual Maturity
(In millions)
Overnight and continuous
 
Less than 30 days
 
30-90 days
 
91 days – 1 year
 
Greater than 1 year
 
Total
Payables for repurchase agreements1
$
—

 
$
102

 
$
200

 
$
210

 
$
—

 
$
512

 
 
 
 
 
 
 
 
 
 
 
 
1 Included in payables for collateral on derivatives and securities to repurchase on the condensed consolidated balance sheets.