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Accumulated Other Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2018
Accumulated Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
(Dollars in millions)
 
Three months ended September 30,
 
 
2018
 
 
2017
 
 
Before tax
 
Income tax
 
Net
 
 
Before tax
 
Income tax
 
Net
Investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, beginning of period
 
$
84

 
$
17

 
$
67

 
 
$
2,977

 
$
1,031

 
$
1,946

OCI before investment gains and losses, net, recognized in net income
 
(76
)
 
(17
)
 
(59
)
 
 
193

 
67

 
126

Investment gains and losses, net, recognized in net income
 
(1
)
 
—

 
(1
)
 
 
(4
)
 
(1
)
 
(3
)
OCI
 
(77
)
 
(17
)
 
(60
)
 
 
189

 
66

 
123

AOCI, end of period
 
$
7

 
$
—

 
$
7

 
 
$
3,166

 
$
1,097

 
$
2,069

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension obligations:
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, beginning of period
 
$
(11
)
 
$
(1
)
 
$
(10
)
 
 
$
(25
)
 
$
(8
)
 
$
(17
)
OCI excluding amortization recognized in net income
 
—

 
—

 
—

 
 
—

 
—

 
—

Amortization recognized in net income
 
—

 
—

 
—

 
 
1

 
1

 
—

OCI
 
—

 
—

 
—

 
 
1

 
1

 
—

AOCI, end of period
 
$
(11
)
 
$
(1
)
 
$
(10
)
 
 
$
(24
)
 
$
(7
)
 
$
(17
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Life deferred acquisition costs, life policy reserves and other:
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, beginning of period
 
$
(2
)
 
$
—

 
$
(2
)
 
 
$
(6
)
 
$
(2
)
 
$
(4
)
OCI before investment gains and losses, net, recognized in net income
 
—

 
—

 
—

 
 
1

 
—

 
1

Investment gains and losses, net, recognized in net income
 
1

 
—

 
1

 
 
(3
)
 
(1
)
 
(2
)
OCI
 
1

 
—

 
1

 
 
(2
)
 
(1
)
 
(1
)
AOCI, end of period
 
$
(1
)
 
$
—

 
$
(1
)
 
 
$
(8
)
 
$
(3
)
 
$
(5
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Summary of AOCI:
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, beginning of period
 
$
71

 
$
16

 
$
55

 
 
$
2,946

 
$
1,021

 
$
1,925

Investments OCI
 
(77
)
 
(17
)
 
(60
)
 
 
189

 
66

 
123

Pension obligations OCI
 
—

 
—

 
—

 
 
1

 
1

 
—

Life deferred acquisition costs, life policy reserves and other OCI
 
1

 
—

 
1

 
 
(2
)
 
(1
)
 
(1
)
Total OCI
 
(76
)
 
(17
)
 
(59
)
 
 
188

 
66

 
122

AOCI, end of period
 
$
(5
)
 
$
(1
)
 
$
(4
)
 
 
$
3,134

 
$
1,087

 
$
2,047

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
Nine months ended September 30,
 
2018
 
 
2017
 
Before tax
 
Income tax
 
Net
 
 
Before tax
 
Income tax
 
Net
Investments:
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, beginning of period
$
3,540

 
$
733

 
$
2,807

 
 
$
2,625

 
$
908

 
$
1,717

Cumulative effect of change in accounting for equity securities as of January 1, 2018
(3,155
)
 
(652
)
 
(2,503
)
 
 
—

 
—

 
—

Adjusted AOCI, beginning of period
385

 
81

 
304

 
 
2,625

 
908

 
1,717

OCI before investment gains and losses, net, recognized in net income
(371
)
 
(80
)
 
(291
)
 
 
694

 
243

 
451

Investment gains and losses, net, recognized in net income
(7
)
 
(1
)
 
(6
)
 
 
(153
)
 
(54
)
 
(99
)
OCI
(378
)
 
(81
)
 
(297
)
 
 
541

 
189

 
352

AOCI, end of period
$
7

 
$
—

 
$
7

 
 
$
3,166

 
$
1,097

 
$
2,069

 
 
 
 
 
 
 
 
 
 
 
 
 
Pension obligations:
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, beginning of period
$
(12
)
 
$
(1
)
 
$
(11
)
 
 
$
(26
)
 
$
(8
)
 
$
(18
)
OCI excluding amortization recognized in net income
—

 
—

 
—

 
 
—

 
—

 
—

Amortization recognized in net income
1

 
—

 
1

 
 
2

 
1

 
1

OCI
1

 
—

 
1

 
 
2

 
1

 
1

AOCI, end of period
$
(11
)
 
$
(1
)
 
$
(10
)
 
 
$
(24
)
 
$
(7
)
 
$
(17
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Life deferred acquisition costs, life policy reserves and other:
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, beginning of period
$
(10
)
 
$
(2
)
 
$
(8
)
 
 
$
(9
)
 
$
(3
)
 
$
(6
)
OCI before investment gains and losses, net, recognized in net income
6

 
1

 
5

 
 
4

 
1

 
3

Investment gains and losses, net, recognized in net income
3

 
1

 
2

 
 
(3
)
 
(1
)
 
(2
)
OCI
9

 
2

 
7

 
 
1

 
—

 
1

AOCI, end of period
$
(1
)
 
$
—

 
$
(1
)
 
 
$
(8
)
 
$
(3
)
 
$
(5
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Summary of AOCI:
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, beginning of period
$
3,518

 
$
730

 
$
2,788

 
 
$
2,590

 
$
897

 
$
1,693

Cumulative effect of change in accounting for equity securities as of January 1, 2018
(3,155
)
 
(652
)
 
(2,503
)
 
 
—

 
—

 
—

Adjusted AOCI, beginning of period
363

 
78

 
285

 
 
2,590

 
897

 
1,693

Investments OCI
(378
)
 
(81
)
 
(297
)
 
 
541

 
189

 
352

Pension obligations OCI
1

 
—

 
1

 
 
2

 
1

 
1

Life deferred acquisition costs, life policy reserves and other OCI
9

 
2

 
7

 
 
1

 
—

 
1

Total OCI
(368
)
 
(79
)
 
(289
)
 
 
544

 
190

 
354

AOCI, end of period
$
(5
)
 
$
(1
)
 
$
(4
)
 
 
$
3,134

 
$
1,087

 
$
2,047