XML 74 R60.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value (Table of reconciliation for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, Beginning, Assets $ 651 $ 437
Reported in Other comprehensive income (loss) 60 41
Total realized and unrealized investment gains (losses) 56 39
Purchases 478 306
Sales (12) 0
Settlements (45) (27)
Transfers into Level 3 40 45
Transfers out of Level 3 (17) (149)
Balance, Ending, Assets 1,151 651
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Net income (loss) in the period (6) (2)
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Other comprehensive income (loss) in the period 62 35
Corporate and other bonds    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, Beginning, Assets 468 222
Reported in Other comprehensive income (loss) 43 33
Total realized and unrealized investment gains (losses) 44 33
Purchases 264 256
Sales (3) 0
Settlements (13) (11)
Transfers into Level 3 10 0
Transfers out of Level 3 0 (32)
Balance, Ending, Assets 770 468
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Net income (loss) in the period 0 0
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Other comprehensive income (loss) in the period 43 28
States, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, Beginning, Assets 0 0
Reported in Other comprehensive income (loss) 1 0
Total realized and unrealized investment gains (losses) 1 0
Purchases 45 0
Sales 0 0
Settlements 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Balance, Ending, Assets 46 0
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Net income (loss) in the period 0 0
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Other comprehensive income (loss) in the period 1 0
Asset-backed    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, Beginning, Assets 165 197
Reported in Other comprehensive income (loss) 16 8
Total realized and unrealized investment gains (losses) 17 8
Purchases 154 48
Sales (9) 0
Settlements (32) (16)
Transfers into Level 3 30 45
Transfers out of Level 3 (17) (117)
Balance, Ending, Assets 308 165
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Net income (loss) in the period 0 0
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Other comprehensive income (loss) in the period 18 7
Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, Beginning, Assets 18 18
Reported in Other comprehensive income (loss) 0 0
Total realized and unrealized investment gains (losses) (6) (2)
Purchases 15 2
Sales 0 0
Settlements 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Balance, Ending, Assets 27 18
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Net income (loss) in the period (6) (2)
Unrealized gains (losses) on Level 3 assets and liabilities held as of December 31, 2020 recognized in Other comprehensive income (loss) in the period 0 0
Reported in Net investment gains (losses)    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment gains (losses) (4) (2)
Reported in Net investment gains (losses) | Corporate and other bonds    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment gains (losses) 1 0
Reported in Net investment gains (losses) | States, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment gains (losses) 0 0
Reported in Net investment gains (losses) | Asset-backed    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment gains (losses) (1) 0
Reported in Net investment gains (losses) | Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment gains (losses) (4) (2)
Reported in Net investment income    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment income 0 0
Reported in Net investment income | Corporate and other bonds    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment income 0 0
Reported in Net investment income | States, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment income 0 0
Reported in Net investment income | Asset-backed    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment income 2 0
Reported in Net investment income | Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Reported in Net investment income $ (2) $ 0