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Deferred Policy Acquisition Costs and Value of Business Acquired
 9 Months Ended
Sep. 30, 2019
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Net [Abstract]  
Deferred Policy Acquisition Costs and Value of Business Acquired Deferred Policy Acquisition Costs and Value of Business Acquired

The following tables present a rollforward of DAC and VOBA for the periods indicated:
 
2019
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2019
$
3,298

 
$
818

 
$
4,116

Deferrals of commissions and expenses
147

 
6

 
153

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(330
)
 
(106
)
 
(436
)
Unlocking(1)
(79
)
 
53

 
(26
)
Interest accrued
134

 
42

(2) 
176

Net amortization included in Condensed Consolidated Statements of Operations
(275
)
 
(11
)
 
(286
)
Change due to unrealized capital gains/losses on available-for-sale securities
(843
)
 
(369
)
 
(1,212
)
Balance as of September 30, 2019
$
2,327

 
$
444

 
$
2,771

 
 
 
 
 
 
 
2018
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2018
$
2,818

 
$
556

 
$
3,374

Deferrals of commissions and expenses
147

 
7

 
154

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(276
)
 
(77
)
 
(353
)
Unlocking(1)
(92
)
 
4

 
(88
)
Interest accrued
137

 
44

(2) 
181

Net amortization included in Condensed Consolidated Statements of Operations
(231
)
 
(29
)
 
(260
)
Change due to unrealized capital gains/losses on available-for-sale securities
515

 
278

 
793

Balance as of September 30, 2018
$
3,249

 
$
812

 
$
4,061


(1) Includes the impacts of annual review of assumptions which typically occurs in the third quarter; and retrospective and prospective unlocking. Additionally, the 2018 amounts include unfavorable unlocking for DAC and VOBA of $25 and $26, respectively, associated with an update to assumptions related to customer consents of changes to guaranteed minimum interest rate provisions.
(2) Interest accrued at the following rates for VOBA: 3.5% to 7.4% during 2019 and 2018.