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Deferred Acquisition Costs, Deferred Sales Inducements and Value of Business Acquired - Roll Forward of DAC, DSI, and VOBA (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
DAC        
Beginning balance     $ 3,274 $ 3,921
Additions     470 521
Deferred Policy Acquisition Cost, Amortization Expense, Assumption Change     (36) (117)
Amortization     (175) (637)
Impact of unrealized investment (gains) losses     (116) (458)
Ending balance $ 3,429 $ 3,230 3,429 3,230
DSI        
Beginning balance     820 799
Additions     124 187
Deferred Sales Inducement Cost, Amortization Expense, Assumption Change     (13) (9)
Deferred sales inducement amortization expense excluding unlocking     (24) (29)
Amortization (48) (20) (37) (38)
Impact of unrealized investment (gains) losses     (45) (141)
Ending balance 867 807 867 807
VOBA        
Beginning balance     914 1,187
Additions     0 0
Present Value of Future Insurance Profits, Amortization Expense, Assumption Change     (11) (24)
Amortization     (25) (37)
Impact of unrealized investment (gains) losses     (14) (203)
Ending balance 869 923 869 923
Total        
Beginning balance     5,008 5,907
Additions     594 708
Unlocking     (60) (150)
Amortization     (224) (703)
Impact of unrealized investment (gains) losses     (175) (802)
Ending balance $ 5,165 $ 4,960 5,165 $ 4,960
Accounting Standards Update 2016-13 [Member]        
DAC        
Deferred Policy Acquisition Costs, Period Increase (Decrease)     12  
DSI        
Deferred Sales Inducements, Period Increase (Decrease)     5  
VOBA        
Present Value of Future Insurance Profits, Period Increase (Decrease)     5  
Total        
Additions     $ 22