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INVESTMENT OPERATIONS - Schedule of Available-for-Sale Credit Losses on Fixed Maturities With Credit Losses (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Beginning Balance     $ 23  
Ending Balance $ 2   2  
Corporate securities        
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Beginning Balance 1 $ 81 18 $ 0
Additions for securities for which an allowance was not previously recorded 0 0 0 62
Adjustments on previously recorded allowances due to change in expected cash flows 0 1 (1) 20
Reductions on previously recorded allowances due to disposal of security in the current period 0 0 0 0
Write-offs of previously recorded allowances due to intent or requirement to sell 0 (64) (16) (64)
Ending Balance 1 18 1 18
CMBS        
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Beginning Balance 1 0 4 0
Additions for securities for which an allowance was not previously recorded 0 0 0 0
Adjustments on previously recorded allowances due to change in expected cash flows 0 0 (3) 0
Reductions on previously recorded allowances due to disposal of security in the current period 0 0 0 0
Write-offs of previously recorded allowances due to intent or requirement to sell 0 0 0 0
Ending Balance 1 0 1 0
ABS        
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Beginning Balance 0 1 1 0
Additions for securities for which an allowance was not previously recorded 0 0 0 1
Adjustments on previously recorded allowances due to change in expected cash flows 0 0 0 0
Reductions on previously recorded allowances due to disposal of security in the current period 0 0 (1) 0
Write-offs of previously recorded allowances due to intent or requirement to sell 0 0 0 0
Ending Balance 0 1 0 1
Fixed maturities        
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Beginning Balance 2 82 23 0
Additions for securities for which an allowance was not previously recorded 0 0 0 63
Adjustments on previously recorded allowances due to change in expected cash flows 0 1 (4) 20
Reductions on previously recorded allowances due to disposal of security in the current period 0 0 (1) 0
Write-offs of previously recorded allowances due to intent or requirement to sell 0 (64) (16) (64)
Ending Balance $ 2 $ 19 $ 2 $ 19