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Consolidated Statements of Income (Parenthetical) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Premiums $ 5,963 $ 6,382 $ 3,462
Product charges 571 524 449
Investment income 5,389 5,031 4,415
Investment expense 504 435 355
Gain (Loss) on Investments 3,309 4,719 (1,360)
Interest Sensitive Contract Benefits Expense 3,891 4,557 290
Future policy and other policy benefits 7,187 7,587 4,281
Net investment income 4,885 4,596 4,060
Policy and other operating expenses 855 744 626
Related Party      
Premiums 322 243 679
Product charges 51 54 34
Investment income 1,101 779 594
Investment expense 490 426 349
Gain (Loss) on Investments 702 1,009 (98)
Interest Sensitive Contract Benefits Expense 295 511 63
Future policy and other policy benefits 405 365 707
Policy and other operating expenses 53 45 42
Variable Interest Entities      
Gain (Loss) on Investments 22 5 (18)
Net investment income $ 51 $ 74 $ 56