XML 42 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Investments (Allowance on available-for-sale securities with credit impairments and PCD assets activity) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Allowance for credit losses:        
Balance at beginning of period $ 45 $ 51 $ 40 $ 0
Additions to the allowance for credit losses:        
Securities for which credit losses were not previously recorded 0 4 14 74
Available-for-sale securities accounted for as PCD assets 2 1 8 3
Reductions to the allowance for credit losses:        
Securities sold during the period (realized) 0 9 6 15
Intent to sell or more likely than not will be required to sell the security before recovery of its amortized cost basis 0 0 0 1
Write-offs charged against the allowance 16 0 16 0
Recoveries of amounts previously written off 0 0 0 0
Additional increases or (decreases) to the allowance for credit losses on securities that had an allowance recorded in a previous period 0 0 (9) (20)
Balance at end of period 31 47 31 47
Impact of adopting ASC 326        
Allowance for credit losses:        
Balance at beginning of period       6
Corporate and other bonds        
Allowance for credit losses:        
Balance at beginning of period 24 39 23 0
Additions to the allowance for credit losses:        
Securities for which credit losses were not previously recorded 0 4 14 62
Available-for-sale securities accounted for as PCD assets 2 1 4 3
Reductions to the allowance for credit losses:        
Securities sold during the period (realized) 0 9 6 15
Intent to sell or more likely than not will be required to sell the security before recovery of its amortized cost basis 0 0 0 1
Write-offs charged against the allowance 16 0 16 0
Recoveries of amounts previously written off 0 0 0 0
Additional increases or (decreases) to the allowance for credit losses on securities that had an allowance recorded in a previous period 0 (1) (9) (21)
Balance at end of period 10 34 10 34
Corporate and other bonds | Impact of adopting ASC 326        
Allowance for credit losses:        
Balance at beginning of period       6
Asset-backed        
Allowance for credit losses:        
Balance at beginning of period 21 12 17 0
Additions to the allowance for credit losses:        
Securities for which credit losses were not previously recorded 0 0 0 12
Available-for-sale securities accounted for as PCD assets 0 0 4 0
Reductions to the allowance for credit losses:        
Securities sold during the period (realized) 0 0 0 0
Intent to sell or more likely than not will be required to sell the security before recovery of its amortized cost basis 0 0 0 0
Write-offs charged against the allowance 0 0 0 0
Recoveries of amounts previously written off 0 0 0 0
Additional increases or (decreases) to the allowance for credit losses on securities that had an allowance recorded in a previous period 0 1 0 1
Balance at end of period $ 21 $ 13 $ 21 13
Asset-backed | Impact of adopting ASC 326        
Allowance for credit losses:        
Balance at beginning of period       $ 0