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Deferred Policy Acquisition Costs, Value of Business Acquired and Other Policy-Related Intangibles (Tables)
 12 Months Ended
Dec. 31, 2018
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Net [Abstract]  
Schedule of Deferred Policy Acquisition Costs and Value of Business Acquired
Information regarding DAC and VOBA was as follows:
 
Years Ended December 31,
 
2018
 
2017
 
2016
 
(In millions)
DAC:
 
 
 
 
 
Balance at January 1,
$
5,678

 
$
5,652

 
$
5,679

Capitalizations
322

 
260

 
334

Amortization related to:
 
 
 
 
 
Net investment gains (losses) and net derivative gains (losses)
(384
)
 
258

 
1,400

Other expenses
(560
)
 
(445
)
 
(1,656
)
Total amortization
(944
)
 
(187
)
 
(256
)
Unrealized investment gains (losses)
93

 
(47
)
 
(56
)
Other
—

 
—

 
(49
)
Balance at December 31,
5,149

 
5,678

 
5,652

VOBA:
 
 
 
 
 
Balance at January 1,
608

 
641

 
711

Amortization related to:
 
 
 
 
 
Net investment gains (losses) and net derivative gains (losses)
(1
)
 
(9
)
 
2

Other expenses
(105
)
 
(31
)
 
(117
)
Total amortization
(106
)
 
(40
)
 
(115
)
Unrealized investment gains (losses)
66

 
7

 
45

Balance at December 31,
568

 
608

 
641

Total DAC and VOBA:
 
 
 
 
 
Balance at December 31,
$
5,717

 
$
6,286

 
$
6,293
Schedule of Deferred Policy Acquisition Costs and Value of Business Acquired
Information regarding DAC and VOBA was as follows:
 
Years Ended December 31,
 
2018
 
2017
 
2016
 
(In millions)
DAC:
 
 
 
 
 
Balance at January 1,
$
5,678

 
$
5,652

 
$
5,679

Capitalizations
322

 
260

 
334

Amortization related to:
 
 
 
 
 
Net investment gains (losses) and net derivative gains (losses)
(384
)
 
258

 
1,400

Other expenses
(560
)
 
(445
)
 
(1,656
)
Total amortization
(944
)
 
(187
)
 
(256
)
Unrealized investment gains (losses)
93

 
(47
)
 
(56
)
Other
—

 
—

 
(49
)
Balance at December 31,
5,149

 
5,678

 
5,652

VOBA:
 
 
 
 
 
Balance at January 1,
608

 
641

 
711

Amortization related to:
 
 
 
 
 
Net investment gains (losses) and net derivative gains (losses)
(1
)
 
(9
)
 
2

Other expenses
(105
)
 
(31
)
 
(117
)
Total amortization
(106
)
 
(40
)
 
(115
)
Unrealized investment gains (losses)
66

 
7

 
45

Balance at December 31,
568

 
608

 
641

Total DAC and VOBA:
 
 
 
 
 
Balance at December 31,
$
5,717

 
$
6,286

 
$
6,293
Information regarding Deferred Policy Acquisition Costs and Value of Business Acquired by Segment
Information regarding total DAC and VOBA by segment, as well as Corporate & Other, was as follows at:
 
December 31,
 
2018
 
2017
 
(In millions)
Annuities
$
4,550

 
$
5,047

Life
1,051

 
1,106

Run-off
5

 
5

Corporate & Other
111

 
128

Total
$
5,717

 
$
6,286
Deferred Sales Inducements of Business Acquired
Information regarding other intangibles was as follows:
 
 
Years Ended December 31,
 
 
2018
 
2017
 
2016
 
 
(In millions)
DSI:
 
 
 
 
 
 
Balance at January 1,
 
$
431

 
$
445

 
$
532

Capitalization
 
2

 
2

 
3

Amortization
 
(41
)
 
(5
)
 
(88
)
Unrealized investment gains (losses)
 
18

 
(11
)
 
(2
)
Balance at December 31,
 
$
410

 
$
431

 
$
445

VODA:
 
 
 
 
 
 
Balance at January 1,
 
$
105

 
$
120

 
$
136

Amortization
 
(14
)
 
(15
)
 
(16
)
Balance at December 31,
 
$
91

 
$
105

 
$
120

Accumulated amortization
 
$
169

 
$
155

 
$
140
Value of Distribution Agreements and Customer Relationships Acquired
Information regarding other intangibles was as follows:
 
 
Years Ended December 31,
 
 
2018
 
2017
 
2016
 
 
(In millions)
DSI:
 
 
 
 
 
 
Balance at January 1,
 
$
431

 
$
445

 
$
532

Capitalization
 
2

 
2

 
3

Amortization
 
(41
)
 
(5
)
 
(88
)
Unrealized investment gains (losses)
 
18

 
(11
)
 
(2
)
Balance at December 31,
 
$
410

 
$
431

 
$
445

VODA:
 
 
 
 
 
 
Balance at January 1,
 
$
105

 
$
120

 
$
136

Amortization
 
(14
)
 
(15
)
 
(16
)
Balance at December 31,
 
$
91

 
$
105

 
$
120

Accumulated amortization
 
$
169

 
$
155

 
$
140
Estimated Future Amortization Expense (Credit)

The estimated future amortization expense to be reported in other expenses for the next five years is as follows:
 
 
VOBA
 
VODA
 
 
(In millions)
2019
 
$
77

 
$
13

2020
 
$
58

 
$
12

2021
 
$
52

 
$
10

2022
 
$
46

 
$
9

2023
 
$
41

 
$
8