Condensed Consolidating Financial Information - Statements of Cash Flows (Details) - USD ($) $ in Millions |
3 Months Ended |
6 Months Ended |
|
Jun. 30, 2019 |
Jun. 30, 2020 |
Jun. 30, 2019 |
Dec. 31, 2019 |
Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
Net cash provided by operating activities |
|
$ 432
|
$ 549
|
|
Proceeds from the sale, maturity, disposal or redemption of: |
|
|
|
|
Fixed maturities |
|
2,663
|
3,789
|
|
Equity securities |
|
5
|
15
|
|
Mortgage loans on real estate |
|
288
|
544
|
|
Limited partnerships/corporations |
|
123
|
105
|
|
Acquisition of: |
|
|
|
|
Fixed maturities |
|
(3,055)
|
(3,291)
|
|
Equity securities |
|
(2)
|
(23)
|
|
Mortgage loans on real estate |
|
(313)
|
(303)
|
|
Limited partnerships/corporations |
|
(187)
|
(184)
|
|
Short-term investments, net |
|
(5)
|
(20)
|
|
Derivatives, net |
|
104
|
69
|
|
Sales from consolidated investment entities |
|
221
|
329
|
|
Purchases within consolidated investment entities |
|
(567)
|
(572)
|
|
Return of capital contributions and dividends from subsidiaries |
|
0
|
0
|
|
Proceeds from issuance of debt with maturities of more than three months |
|
0
|
0
|
|
Capital contributions to subsidiaries |
|
0
|
0
|
|
Collateral (delivered) received, net |
|
(30)
|
(177)
|
|
Other investments, net |
|
27
|
(55)
|
|
Net cash used in investing activities - discontinued operations |
|
(222)
|
(153)
|
|
Net cash (used in) provided by investing activities |
|
(950)
|
73
|
|
Net Cash Provided by (Used in) Financing Activities [Abstract] |
|
|
|
|
Deposits received for investment contracts |
|
3,089
|
2,153
|
|
Maturities and withdrawals from investment contracts |
|
(2,928)
|
(2,846)
|
|
Settlements on deposit contracts |
|
(4)
|
(6)
|
|
Repayment of debt with maturities of more than three months |
|
0
|
0
|
|
Return of capital contributions and dividends to parent |
|
0
|
0
|
|
Contributions of capital from parent |
|
0
|
0
|
|
Borrowings of consolidated investment entities |
|
331
|
304
|
|
Repayments of borrowings of consolidated investment entities |
|
(460)
|
(407)
|
|
Contributions from (distributions to) participants in consolidated investment entities, net |
|
682
|
282
|
|
Proceeds from issuance of common stock, net |
|
2
|
2
|
|
Proceeds from issuance of preferred stock, net |
$ 293
|
0
|
293
|
|
Share-based compensation |
|
(15)
|
(17)
|
|
Common stock acquired - Share repurchase |
|
(366)
|
(686)
|
|
Dividends paid on common stock |
|
(39)
|
(3)
|
|
Dividends paid on preferred stock |
|
(18)
|
(10)
|
|
Principal payments for financing leases |
|
(10)
|
0
|
|
Net cash provided by financing activities - discontinued operations |
|
305
|
263
|
|
Net cash provided by (used in) financing activities |
|
569
|
(678)
|
|
Net (decrease) increase in cash and cash equivalents |
|
51
|
(56)
|
|
Cash and cash equivalents, beginning of period |
|
1,472
|
1,538
|
|
Cash and cash equivalents, end of period |
1,482
|
1,523
|
1,482
|
|
Less: Cash and cash equivalents of discontinued operations, end of period |
304
|
413
|
304
|
|
Cash and cash equivalents of continuing operations, end of period |
1,178
|
1,110
|
1,178
|
$ 1,181
|
Consolidating Adjustments |
|
|
|
|
Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
Net cash provided by operating activities |
|
(321)
|
(435)
|
|
Proceeds from the sale, maturity, disposal or redemption of: |
|
|
|
|
Fixed maturities |
|
0
|
0
|
|
Equity securities |
|
0
|
0
|
|
Mortgage loans on real estate |
|
0
|
0
|
|
Limited partnerships/corporations |
|
0
|
0
|
|
Acquisition of: |
|
|
|
|
Fixed maturities |
|
0
|
0
|
|
Equity securities |
|
0
|
0
|
|
Mortgage loans on real estate |
|
0
|
0
|
|
Limited partnerships/corporations |
|
0
|
0
|
|
Short-term investments, net |
|
0
|
0
|
|
Derivatives, net |
|
0
|
0
|
|
Sales from consolidated investment entities |
|
0
|
0
|
|
Purchases within consolidated investment entities |
|
0
|
0
|
|
Return of capital contributions and dividends from subsidiaries |
|
(323)
|
(1,339)
|
|
Proceeds from issuance of debt with maturities of more than three months |
|
268
|
193
|
|
Capital contributions to subsidiaries |
|
5
|
0
|
|
Collateral (delivered) received, net |
|
0
|
0
|
|
Other investments, net |
|
0
|
0
|
|
Net cash used in investing activities - discontinued operations |
|
0
|
0
|
|
Net cash (used in) provided by investing activities |
|
(50)
|
(1,146)
|
|
Net Cash Provided by (Used in) Financing Activities [Abstract] |
|
|
|
|
Deposits received for investment contracts |
|
0
|
0
|
|
Maturities and withdrawals from investment contracts |
|
0
|
0
|
|
Settlements on deposit contracts |
|
0
|
0
|
|
Repayment of debt with maturities of more than three months |
|
(268)
|
(193)
|
|
Return of capital contributions and dividends to parent |
|
644
|
1,774
|
|
Contributions of capital from parent |
|
(5)
|
0
|
|
Borrowings of consolidated investment entities |
|
0
|
0
|
|
Repayments of borrowings of consolidated investment entities |
|
0
|
0
|
|
Contributions from (distributions to) participants in consolidated investment entities, net |
|
0
|
0
|
|
Proceeds from issuance of common stock, net |
|
0
|
0
|
|
Proceeds from issuance of preferred stock, net |
|
|
0
|
|
Share-based compensation |
|
0
|
0
|
|
Common stock acquired - Share repurchase |
|
0
|
0
|
|
Dividends paid on common stock |
|
0
|
0
|
|
Dividends paid on preferred stock |
|
0
|
0
|
|
Principal payments for financing leases |
|
0
|
|
|
Net cash provided by financing activities - discontinued operations |
|
0
|
0
|
|
Net cash provided by (used in) financing activities |
|
371
|
1,581
|
|
Net (decrease) increase in cash and cash equivalents |
|
0
|
0
|
|
Cash and cash equivalents, beginning of period |
|
0
|
0
|
|
Cash and cash equivalents, end of period |
0
|
0
|
0
|
|
Less: Cash and cash equivalents of discontinued operations, end of period |
0
|
0
|
0
|
|
Cash and cash equivalents of continuing operations, end of period |
0
|
0
|
0
|
0
|
Parent Issuer |
|
|
|
|
Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
Net cash provided by operating activities |
|
53
|
(83)
|
|
Proceeds from the sale, maturity, disposal or redemption of: |
|
|
|
|
Fixed maturities |
|
0
|
0
|
|
Equity securities |
|
0
|
13
|
|
Mortgage loans on real estate |
|
0
|
0
|
|
Limited partnerships/corporations |
|
0
|
0
|
|
Acquisition of: |
|
|
|
|
Fixed maturities |
|
0
|
0
|
|
Equity securities |
|
0
|
(21)
|
|
Mortgage loans on real estate |
|
0
|
0
|
|
Limited partnerships/corporations |
|
0
|
0
|
|
Short-term investments, net |
|
0
|
0
|
|
Derivatives, net |
|
(6)
|
0
|
|
Sales from consolidated investment entities |
|
0
|
0
|
|
Purchases within consolidated investment entities |
|
0
|
0
|
|
Return of capital contributions and dividends from subsidiaries |
|
294
|
956
|
|
Proceeds from issuance of debt with maturities of more than three months |
|
(83)
|
(197)
|
|
Capital contributions to subsidiaries |
|
0
|
0
|
|
Collateral (delivered) received, net |
|
23
|
0
|
|
Other investments, net |
|
0
|
0
|
|
Net cash used in investing activities - discontinued operations |
|
0
|
0
|
|
Net cash (used in) provided by investing activities |
|
228
|
751
|
|
Net Cash Provided by (Used in) Financing Activities [Abstract] |
|
|
|
|
Deposits received for investment contracts |
|
0
|
0
|
|
Maturities and withdrawals from investment contracts |
|
0
|
0
|
|
Settlements on deposit contracts |
|
0
|
0
|
|
Repayment of debt with maturities of more than three months |
|
185
|
(4)
|
|
Return of capital contributions and dividends to parent |
|
0
|
0
|
|
Contributions of capital from parent |
|
0
|
0
|
|
Borrowings of consolidated investment entities |
|
0
|
0
|
|
Repayments of borrowings of consolidated investment entities |
|
0
|
0
|
|
Contributions from (distributions to) participants in consolidated investment entities, net |
|
0
|
0
|
|
Proceeds from issuance of common stock, net |
|
2
|
2
|
|
Proceeds from issuance of preferred stock, net |
|
|
293
|
|
Share-based compensation |
|
(14)
|
(17)
|
|
Common stock acquired - Share repurchase |
|
(366)
|
(686)
|
|
Dividends paid on common stock |
|
(39)
|
(3)
|
|
Dividends paid on preferred stock |
|
(18)
|
(10)
|
|
Principal payments for financing leases |
|
0
|
|
|
Net cash provided by financing activities - discontinued operations |
|
0
|
0
|
|
Net cash provided by (used in) financing activities |
|
(250)
|
(425)
|
|
Net (decrease) increase in cash and cash equivalents |
|
31
|
243
|
|
Cash and cash equivalents, beginning of period |
|
212
|
209
|
|
Cash and cash equivalents, end of period |
452
|
243
|
452
|
|
Less: Cash and cash equivalents of discontinued operations, end of period |
0
|
0
|
0
|
|
Cash and cash equivalents of continuing operations, end of period |
452
|
243
|
452
|
212
|
Subsidiary Guarantor |
|
|
|
|
Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
Net cash provided by operating activities |
|
306
|
435
|
|
Proceeds from the sale, maturity, disposal or redemption of: |
|
|
|
|
Fixed maturities |
|
0
|
0
|
|
Equity securities |
|
0
|
0
|
|
Mortgage loans on real estate |
|
0
|
0
|
|
Limited partnerships/corporations |
|
0
|
0
|
|
Acquisition of: |
|
|
|
|
Fixed maturities |
|
0
|
0
|
|
Equity securities |
|
0
|
0
|
|
Mortgage loans on real estate |
|
0
|
0
|
|
Limited partnerships/corporations |
|
0
|
0
|
|
Short-term investments, net |
|
0
|
0
|
|
Derivatives, net |
|
0
|
0
|
|
Sales from consolidated investment entities |
|
0
|
0
|
|
Purchases within consolidated investment entities |
|
0
|
0
|
|
Return of capital contributions and dividends from subsidiaries |
|
29
|
383
|
|
Proceeds from issuance of debt with maturities of more than three months |
|
0
|
0
|
|
Capital contributions to subsidiaries |
|
(5)
|
0
|
|
Collateral (delivered) received, net |
|
0
|
0
|
|
Other investments, net |
|
0
|
0
|
|
Net cash used in investing activities - discontinued operations |
|
0
|
(128)
|
|
Net cash (used in) provided by investing activities |
|
24
|
255
|
|
Net Cash Provided by (Used in) Financing Activities [Abstract] |
|
|
|
|
Deposits received for investment contracts |
|
0
|
0
|
|
Maturities and withdrawals from investment contracts |
|
0
|
0
|
|
Settlements on deposit contracts |
|
0
|
0
|
|
Repayment of debt with maturities of more than three months |
|
(36)
|
94
|
|
Return of capital contributions and dividends to parent |
|
(294)
|
(786)
|
|
Contributions of capital from parent |
|
0
|
0
|
|
Borrowings of consolidated investment entities |
|
0
|
0
|
|
Repayments of borrowings of consolidated investment entities |
|
0
|
0
|
|
Contributions from (distributions to) participants in consolidated investment entities, net |
|
0
|
0
|
|
Proceeds from issuance of common stock, net |
|
0
|
0
|
|
Proceeds from issuance of preferred stock, net |
|
|
0
|
|
Share-based compensation |
|
0
|
0
|
|
Common stock acquired - Share repurchase |
|
0
|
0
|
|
Dividends paid on common stock |
|
0
|
0
|
|
Dividends paid on preferred stock |
|
0
|
0
|
|
Principal payments for financing leases |
|
0
|
|
|
Net cash provided by financing activities - discontinued operations |
|
0
|
0
|
|
Net cash provided by (used in) financing activities |
|
(330)
|
(692)
|
|
Net (decrease) increase in cash and cash equivalents |
|
0
|
(2)
|
|
Cash and cash equivalents, beginning of period |
|
0
|
2
|
|
Cash and cash equivalents, end of period |
0
|
0
|
0
|
|
Less: Cash and cash equivalents of discontinued operations, end of period |
0
|
0
|
0
|
|
Cash and cash equivalents of continuing operations, end of period |
0
|
0
|
0
|
0
|
Non-Guarantor Subsidiaries |
|
|
|
|
Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
Net cash provided by operating activities |
|
394
|
632
|
|
Proceeds from the sale, maturity, disposal or redemption of: |
|
|
|
|
Fixed maturities |
|
2,663
|
3,789
|
|
Equity securities |
|
5
|
2
|
|
Mortgage loans on real estate |
|
288
|
544
|
|
Limited partnerships/corporations |
|
123
|
105
|
|
Acquisition of: |
|
|
|
|
Fixed maturities |
|
(3,055)
|
(3,291)
|
|
Equity securities |
|
(2)
|
(2)
|
|
Mortgage loans on real estate |
|
(313)
|
(303)
|
|
Limited partnerships/corporations |
|
(187)
|
(184)
|
|
Short-term investments, net |
|
(5)
|
(20)
|
|
Derivatives, net |
|
110
|
69
|
|
Sales from consolidated investment entities |
|
221
|
329
|
|
Purchases within consolidated investment entities |
|
(567)
|
(572)
|
|
Return of capital contributions and dividends from subsidiaries |
|
0
|
0
|
|
Proceeds from issuance of debt with maturities of more than three months |
|
(185)
|
4
|
|
Capital contributions to subsidiaries |
|
0
|
0
|
|
Collateral (delivered) received, net |
|
(53)
|
(177)
|
|
Other investments, net |
|
27
|
(55)
|
|
Net cash used in investing activities - discontinued operations |
|
(222)
|
(25)
|
|
Net cash (used in) provided by investing activities |
|
(1,152)
|
213
|
|
Net Cash Provided by (Used in) Financing Activities [Abstract] |
|
|
|
|
Deposits received for investment contracts |
|
3,089
|
2,153
|
|
Maturities and withdrawals from investment contracts |
|
(2,928)
|
(2,846)
|
|
Settlements on deposit contracts |
|
(4)
|
(6)
|
|
Repayment of debt with maturities of more than three months |
|
119
|
103
|
|
Return of capital contributions and dividends to parent |
|
(350)
|
(988)
|
|
Contributions of capital from parent |
|
5
|
0
|
|
Borrowings of consolidated investment entities |
|
331
|
304
|
|
Repayments of borrowings of consolidated investment entities |
|
(460)
|
(407)
|
|
Contributions from (distributions to) participants in consolidated investment entities, net |
|
682
|
282
|
|
Proceeds from issuance of common stock, net |
|
0
|
0
|
|
Proceeds from issuance of preferred stock, net |
|
|
0
|
|
Share-based compensation |
|
(1)
|
0
|
|
Common stock acquired - Share repurchase |
|
0
|
0
|
|
Dividends paid on common stock |
|
0
|
0
|
|
Dividends paid on preferred stock |
|
0
|
0
|
|
Principal payments for financing leases |
|
(10)
|
|
|
Net cash provided by financing activities - discontinued operations |
|
305
|
263
|
|
Net cash provided by (used in) financing activities |
|
778
|
(1,142)
|
|
Net (decrease) increase in cash and cash equivalents |
|
20
|
(297)
|
|
Cash and cash equivalents, beginning of period |
|
1,260
|
1,327
|
|
Cash and cash equivalents, end of period |
1,030
|
1,280
|
1,030
|
|
Less: Cash and cash equivalents of discontinued operations, end of period |
304
|
413
|
304
|
|
Cash and cash equivalents of continuing operations, end of period |
$ 726
|
$ 867
|
$ 726
|
$ 969
|