Schedule of Other Share-based Compensation, Activity [Table Text Block] |
The following table presents a summary of PSU and RSU activity: | | | | | | | | | | | | | | | | Restricted | | Performance | | Units | | Weighted Average Grant-Date Fair Value | | Units | | Weighted Average Grant-Date Fair Value | Outstanding at January 1, 2018 | — |
| | $ | — |
| | — |
| | $ | — |
| Granted | 995,861 |
| | $ | 48.06 |
| | 73,849 |
| | $ | 48.10 |
| Forfeited | 15,007 |
| | $ | 48.10 |
| | — |
| | $ | — |
| Paid | — |
| | $ | — |
| | — |
| | $ | — |
| Outstanding at September 30, 2018 | 980,854 |
| | $ | 48.05 |
| | 73,849 |
| | $ | 48.10 |
| Vested at September 30, 2018 | 648,561 |
| | $ | 48.10 |
| | — |
| | $ | — |
|
|
Components of Accumulated Other Comprehensive Income (Loss) |
Information regarding changes in the balances of each component of AOCI was as follows: | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2018 | | Unrealized Investment Gains (Losses), Net of Related Offsets (1) | | Unrealized Gains (Losses) on Derivatives | | Foreign Currency Translation Adjustments | | Defined Benefit Plans Adjustment | | Total | | (In millions) | Balance, June 30, 2018 | $ | 690 |
| | $ | 168 |
| | $ | (19 | ) | | $ | (24 | ) | | $ | 815 |
| OCI before reclassifications | (310 | ) | | (7 | ) | | (7 | ) | | — |
| | (324 | ) | Deferred income tax benefit (expense) | 66 |
| | 1 |
| | 1 |
| | — |
| | 68 |
| AOCI before reclassifications, net of income tax | 446 |
| | 162 |
| | (25 | ) | | (24 | ) | | 559 |
| Amounts reclassified from AOCI | 38 |
| | (47 | ) | | — |
| | — |
| | (9 | ) | Deferred income tax benefit (expense) | (8 | ) | | 10 |
| | — |
| | — |
| | 2 |
| Amounts reclassified from AOCI, net of income tax | 30 |
| | (37 | ) | | — |
| | — |
| | (7 | ) | Balance, September 30, 2018 | $ | 476 |
| | $ | 125 |
| | $ | (25 | ) | | $ | (24 | ) | | $ | 552 |
|
| | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2017 | | Unrealized Investment Gains (Losses), Net of Related Offsets (1) | | Unrealized Gains (Losses) on Derivatives | | Foreign Currency Translation Adjustments | | Defined Benefit Plans Adjustment | | Total | | (In millions) | Balance, June 30, 2017 | $ | 1,721 |
| | $ | 223 |
| | $ | (33 | ) | | $ | (17 | ) | | $ | 1,894 |
| OCI before reclassifications | (844 | ) | | (52 | ) | | 9 |
| | — |
| | (887 | ) | Deferred income tax benefit (expense) | 302 |
| | 18 |
| | (2 | ) | | (1 | ) | | 317 |
| AOCI before reclassifications, net of income tax | 1,179 |
| | 189 |
| | (26 | ) | | (18 | ) | | 1,324 |
| Amounts reclassified from AOCI | (26 | ) | | (1 | ) | | — |
| | — |
| | (27 | ) | Deferred income tax benefit (expense) | 9 |
| | 2 |
| | — |
| | — |
| | 11 |
| Amounts reclassified from AOCI, net of income tax | (17 | ) | | 1 |
| | — |
| | — |
| | (16 | ) | Balance, September 30, 2017 | $ | 1,162 |
| | $ | 190 |
| | $ | (26 | ) | | $ | (18 | ) | | $ | 1,308 |
|
| | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2018 | | Unrealized Investment Gains (Losses), Net of Related Offsets (1) | | Unrealized Gains (Losses) on Derivatives | | Foreign Currency Translation Adjustments | | Defined Benefit Plans Adjustment | | Total | | (In millions) | Balance, December 31, 2017 | $ | 1,572 |
| | $ | 154 |
| | $ | (24 | ) | | $ | (26 | ) | | $ | 1,676 |
| Cumulative effect of change in accounting principle and other, net of income tax (see Note 1) | (79 | ) | | — |
| | — |
| | — |
| | (79 | ) | Balance, January 1, 2018 | 1,493 |
| | 154 |
| | (24 | ) | | (26 | ) | | 1,597 |
| OCI before reclassifications | (1,448 | ) | | 28 |
| | (1 | ) | | 3 |
| | (1,418 | ) | Deferred income tax benefit (expense) | 325 |
| | (6 | ) | | — |
| | (1 | ) | | 318 |
| AOCI before reclassifications, net of income tax | 370 |
| | 176 |
| | (25 | ) | | (24 | ) | | 497 |
| Amounts reclassified from AOCI | 138 |
| | (65 | ) | | — |
| | — |
| | 73 |
| Deferred income tax benefit (expense) | (32 | ) | | 14 |
| | — |
| | — |
| | (18 | ) | Amounts reclassified from AOCI, net of income tax | 106 |
| | (51 | ) | | — |
| | — |
| | 55 |
| Balance, September 30, 2018 | $ | 476 |
| | $ | 125 |
| | $ | (25 | ) | | $ | (24 | ) | | $ | 552 |
|
| | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2017 | | Unrealized Investment Gains (Losses), Net of Related Offsets (1) | | Unrealized Gains (Losses) on Derivatives | | Foreign Currency Translation Adjustments | | Defined Benefit Plans Adjustment | | Total | | (In millions) | Balance, December 31, 2016 | $ | 1,044 |
| | $ | 268 |
| | $ | (31 | ) | | $ | (16 | ) | | $ | 1,265 |
| OCI before reclassifications | 118 |
| | (104 | ) | | 5 |
| | (14 | ) | | 5 |
| Deferred income tax benefit (expense) | (41 | ) | | 36 |
| | — |
| | 12 |
| | 7 |
| AOCI before reclassifications, net of income tax | 1,121 |
| | 200 |
| | (26 | ) | | (18 | ) | | 1,277 |
| Amounts reclassified from AOCI | 64 |
| | (17 | ) | | — |
| | — |
| | 47 |
| Deferred income tax benefit (expense) | (23 | ) | | 7 |
| | — |
| | — |
| | (16 | ) | Amounts reclassified from AOCI, net of income tax | 41 |
| | (10 | ) | | — |
| | — |
| | 31 |
| Balance, September 30, 2017 | $ | 1,162 |
| | $ | 190 |
| | $ | (26 | ) | | $ | (18 | ) | | $ | 1,308 |
|
__________________ | | (1) | See Note 4 for information on offsets to investments related to future policy benefits, DAC, VOBA and DSI. |
|
Reclassification out of Accumulated Other Comprehensive Income (Loss) |
Information regarding amounts reclassified out of each component of AOCI was as follows: | | | | | | | | | | | | | | | | | | | | AOCI Components | | Amounts Reclassified from AOCI | | Consolidated Statements of Operations and Comprehensive Income (Loss) Locations | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | 2018 | | 2017 | | 2018 | | 2017 | | | | | (In millions) | | | Net unrealized investment gains (losses): | | | | | | | | | | | Net unrealized investment gains (losses) | | $ | (36 | ) | | $ | 24 |
| | $ | (137 | ) | | $ | (22 | ) | | Net investment gains (losses) | Net unrealized investment gains (losses) | | — |
| | — |
| | 1 |
| | 2 |
| | Net investment income | Net unrealized investment gains (losses) | | (2 | ) | | 2 |
| | (2 | ) | | (44 | ) | | Net derivative gains (losses) | Net unrealized investment gains (losses), before income tax | | (38 | ) | | 26 |
| | (138 | ) | | (64 | ) | | | Income tax (expense) benefit | | 8 |
| | (9 | ) | | 32 |
| | 23 |
| | | Net unrealized investment gains (losses), net of income tax | | (30 | ) | | 17 |
| | (106 | ) | | (41 | ) | | | Unrealized gains (losses) on derivatives - cash flow hedges: | | | | | | | | | | | Interest rate swaps | | 15 |
| | — |
| | 31 |
| | — |
| | Net derivative gains (losses) | Interest rate swaps | | — |
| | — |
| | 2 |
| | 2 |
| | Net investment income | Interest rate forwards | | 31 |
| | — |
| | 31 |
| | 2 |
| | Net derivative gains (losses) | Interest rate forwards | | 1 |
| | 1 |
| | 2 |
| | 2 |
| | Net investment income | Foreign currency swaps | | — |
| | — |
| | (1 | ) | | 11 |
| | Net derivative gains (losses) | Gains (losses) on cash flow hedges, before income tax | | 47 |
| | 1 |
| | 65 |
| | 17 |
| | | Income tax (expense) benefit | | (10 | ) | | (2 | ) | | (14 | ) | | (7 | ) | | | Gains (losses) on cash flow hedges, net of income tax | | 37 |
| | (1 | ) | | 51 |
| | 10 |
| | | Total reclassifications, net of income tax | | $ | 7 |
| | $ | 16 |
| | $ | (55 | ) | | $ | (31 | ) | | |
|