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FAIR VALUE OF FINANCIAL INSTRUMENTS - Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Commercial mortgage loans on real estate, net $ 10,137 $ 10,006
Policy loans 1,576 1,593
Other long-term investments 3,223 3,241
Liabilities:    
Stable value product account balances 6,655 6,056
Future policy benefits and claims 15,679 15,478
Other policyholders’ funds 1,515 1,865
Level 3 | Carrying Amounts    
Assets:    
Commercial mortgage loans on real estate, net 10,137 10,006
Policy loans 1,576 1,593
Other long-term investments 1,190 1,186
Liabilities:    
Stable value product account balances 6,655 6,056
Future policy benefits and claims 1,545 1,580
Other policyholders’ funds 105 102
Debt    
Subordinated funding obligations 110 110
Level 3 | Fair Values    
Assets:    
Commercial mortgage loans on real estate, net 10,862 10,788
Policy loans 1,576 1,593
Other long-term investments 1,251 1,283
Liabilities:    
Stable value product account balances 6,762 6,231
Future policy benefits and claims 1,567 1,603
Other policyholders’ funds 112 108
Debt    
Subordinated funding obligations $ 112 $ 121