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DEBT AND OTHER OBLIGATIONS - Additional Information (Details) - USD ($)
3 Months Ended 12 Months Ended
Oct. 01, 2020
May 03, 2018
Mar. 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]        
Initial collateral required (as a percent)     102.00%  
Securities lending transactions     $ 129,000,000 $ 57,000,000
Fair value of collateral     133,000,000 59,000,000
Obligation to return collateral     133,000,000 59,000,000
Repurchase Program Borrowings        
Debt Instrument [Line Items]        
Fair value of securities pledged under the repurchase program     917,000,000 452,000,000
Maximum outstanding balance     1,077,000,000 825,000,000
Average daily balance     347,000,000 143,000,000
Secured financing liabilities     $ 854,000,000 $ 437,000,000
Average borrowing rate (as a percent)     0.15% 0.15%
Average borrowing rate (as a percent)     0.17% 0.33%
Repurchase Program Borrowings | Maximum        
Debt Instrument [Line Items]        
Term of financing agreement     90 days  
Credit Facility        
Debt Instrument [Line Items]        
Line of credit, maximum borrowing capacity   $ 1,000,000,000    
Line of credit, maximum borrowing capacity to be granted upon entity's request   $ 2,000,000,000    
Facility fee percentage   0.125%    
Credit Facility | Protective Life Corporation        
Debt Instrument [Line Items]        
Line of credit, amount outstanding     $ 385,000,000 $ 190,000,000
Credit Facility | Federal Funds rate        
Debt Instrument [Line Items]        
Interest rate added to the base rate (as a percent)   0.50%    
Credit Facility | One Month LIBOR        
Debt Instrument [Line Items]        
Interest rate added to the base rate (as a percent)   1.00%    
Financing Agreement With Golden Gate Captive Insurance Company        
Debt Instrument [Line Items]        
Financing capacity under the agreement $ 5,000,000,000      
XOL asset backing difference in statutory and economic reserve liabilities     $ 4,492,000,000  
Financing Agreement With Golden Gate Captive Insurance Company | Minimum        
Debt Instrument [Line Items]        
Reserve funding agreement, term 20 years      
Financing Agreement With Golden Gate Captive Insurance Company | Maximum        
Debt Instrument [Line Items]        
Reserve funding agreement, term 25 years