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DERIVATIVE INSTRUMENTS (Tables)
 9 Months Ended
Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
  
 
 
September 30, 2019
 
 
December 31, 2018
 
 
(In millions)
 
 
 
Asset
Derivatives
 
Liability
Derivatives
 
 
Asset
Derivatives
 
Liability
Derivatives
 
Hedge Designation/ Derivative
Type
 
Notional
Amount
 
Fair Value
 
Fair Value
Notional
Amount
 
Fair Value
 
Fair Value
 
Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency swaps - VIE
 
 
$
75

 
 
 
$
0

 
 
 
$
7

 
 
$
75

 
 
 
$
1

 
 
 
$
4

 
 
Total cash flow hedges
 
 
75

 
 
 
0

 
 
 
7

 
 
75

 
 
 
1

 
 
 
4

 
 
Fair value hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forwards
 
 
2,568

 
 
 
16

 
 
 
58

 
 
2,086

 
 
 
0

 
 
 
34

 
 
Foreign currency options
 
 
11,843

 
 
 
0

 
 
 
7

 
 
9,070

 
 
 
3

 
 
 
1

 
 
Interest rate swaptions
 
 
243

 
 
 
0

 
 
 
0

 
 
500

 
 
 
0

 
 
 
1

 
 
Total fair value hedges
 
 
14,654

 
 
 
16

 
 
 
65

 
 
11,656

 
 
 
3

 
 
 
36

 
 
Net investment hedge:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forwards
 
 
3,497

 
 
 
30

 
 
 
9

 
 
0

 
 
 
0

 
 
 
0

 
 
Foreign currency options
 
 
2,000

 
 
 
1

 
 
 
0

 
 
0

 
 
 
0

 
 
 
0

 
 
Total net investment hedge
 
 
5,497

 
 
 
31

 
 
 
9

 
 
0

 
 
 
0

 
 
 
0

 
 
Non-qualifying strategies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency swaps
 
 
2,800

 
 
 
80

 
 
 
88

 
 
2,800

 
 
 
103

 
 
 
129

 
 
Foreign currency swaps - VIE
 
 
2,587

 
 
 
147

 
 
 
132

 
 
2,587

 
 
 
181

 
 
 
101

 
 
Foreign currency forwards
 
 
15,919

 
 
 
124

 
 
 
101

 
 
16,057

 
 
 
126

 
 
 
117

 
 
Foreign currency options
 
 
856

 
 
 
0

 
 
 
1

 
 
430

 
 
 
0

 
 
 
0

 
 
Interest rate swaps
 
 
7,420

 
 
 
13

 
 
 
0

 
 
4,750

 
 
 
3

 
 
 
0

 
 
Interest rate swaptions
 
 
7

 
 
 
0

 
 
 
0

 
 
0

 
 
 
0

 
 
 
0

 
 
Total non-qualifying strategies
 
 
29,589

 
 
 
364

 
 
 
322

 
 
26,624

 
 
 
413

 
 
 
347

 
 
Total derivatives
 
 
$
49,815

 
 
 
$
411

 
 
 
$
403

 
 
$
38,355

 
 
 
$
417

 
 
 
$
387

 
 
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The following table presents the gains and losses on derivatives and the related hedged items in fair value hedges.

Fair Value Hedging Relationships
(In millions)
 
 
Hedging Derivatives
 
Hedged Items
 
 
Hedging Derivatives
Hedged Items
 
Total
Gains
(Losses)
 
Gains (Losses)
Excluded from Effectiveness Testing(1)
 
Gains (Losses)
Included in Effectiveness Testing(2)
 
 Gains (Losses)(2)
 
Net Realized Gains (Losses) Recognized for Fair Value Hedge
Three Months Ended September 30, 2019:
 
 
 
 
 
 
 
Foreign currency
forwards
Fixed maturity securities
 
$
(19
)
 
$
(24
)
 
$
5

 
$
(4
)
 
$
1

Foreign currency options
Fixed maturity securities
 
(5
)
 
(5
)
 
0

 
0

 
0

Interest rate
swaptions
Fixed maturity securities
 
(6
)
 
(6
)
 
0

 
0

 
0

  Total gains (losses)
 
$
(30
)
 
$
(35
)
 
$
5

 
$
(4
)
 
$
1

Nine Months Ended September 30, 2019:
 
 
 
 
 
 
 
 
 
 
Foreign currency
forwards
Fixed maturity securities
 
$
(4
)
 
$
(48
)
 
$
44

 
$
(43
)
 
$
1

Foreign currency
options
Fixed maturity securities
 
(9
)
 
(9
)
 
0

 
0

 
0

Interest rate
swaptions
Fixed maturity securities
 
(9
)
 
(9
)
 
0

 
0

 
0

Total gains (losses)
 
 
$
(22
)
 
$
(66
)
 
$
44

 
$
(43
)
 
$
1

Three Months Ended September 30, 2018:
 
 
 
 
 
 
 
 
 
 
Foreign currency forwards
Fixed maturity securities
 
$
(106
)
 
$
(19
)
 
$
(87
)
 
$
83

 
$
(4
)
Foreign currency options
Fixed maturity securities
 
(7
)
 
(7
)
 
0

 
0

 
0

  Total gains (losses)
 
 
(113
)
 
(26
)
 
(87
)
 
83

 
(4
)
Nine Months Ended September 30, 2018:
 
 
 
 
 
 
 
 
 
 
Foreign currency forwards
Fixed maturity securities
 
$
93

 
$
(88
)
 
$
181

 
$
(195
)
 
$
(14
)
Foreign currency options
Fixed maturity securities
 
(10
)
 
(10
)
 
0

 
0

 
0

Total gains (losses)
 
 
$
83

 
$
(98
)
 
$
181

 
$
(195
)
 
$
(14
)

(1) Gains (losses) excluded from effectiveness testing includes the forward point on foreign currency forwards and time value change on foreign currency options which are reported in the consolidated statement of earnings as realized investment gains (losses). It also includes the change in the fair value of the interest rate swaptions related to the time value of the swaptions which is recognized as a component of other comprehensive income (loss).
(2) Gains and losses on foreign currency forwards and options and related hedged items are reported in the consolidated statement of earnings as realized investment gains (losses). For interest rate swaptions and related hedged items, gains and losses included in the hedge assessment, premium amortization and time value amortization while the hedge items are still outstanding are reported within net investment income. The time value gains and losses for interest rate swaptions when the related hedged items are redeemed are reported in realized investment gains and losses consistent with the impact of the hedged item. For the three-month and nine-month periods ended September 30, 2019, gains and losses included in the hedge assessment on interest rate swaptions and related hedged items were immaterial.
Schedule of Interest Rate Fair Value Hedges Hedged Items
The following table shows the carrying amounts of assets designated and qualifying as hedged items in fair value hedges of interest rate risk and the related cumulative hedge adjustment included in the carrying amount.
(In millions)
Carrying Amount of the Hedged Assets/(Liabilities)(1)
 
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of Hedged Assets/(Liabilities)
 
 
 
September 30, 2019
 
December 31, 2018
 
September 30, 2019
 
December 31, 2018
 
Fixed maturity securities
 
$
4,833

 
$
6,593

 
$
262

 
$
294

 
(1) The balance includes hedging adjustment on discontinued hedging relationships of $262 in 2019 and $294 in 2018.
The total notional amount of the Company's interest rate swaptions was $243 in 2019 and $500 in 2018. The hedging adjustment related to these derivatives was immaterial.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The following table summarizes the impact to realized investment gains (losses) and other comprehensive income (loss) from all derivatives and hedging instruments.

 
 Three Months Ended September 30,
 
2019
2018
(In millions)
Net Investment Income (1)
Realized Investment
Gains (Losses)
Other
Comprehensive
Income (Loss)(2)
Net Investment Income (1)
Realized Investment
Gains (Losses)
Other
Comprehensive
Income (Loss)(2)
Qualifying hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency swaps - VIE
 
$
(1
)
 
 
$
(1
)
 
 
$
(2
)
 
 
$
0

 
 
$
0

 
 
$
(2
)
 
  Total cash flow hedges
 
(1
)
 
 
(1
)
(3 
) 
 
(2
)
 
 
0

 
 
0

(3 
) 
 
(2
)
 
  Fair value hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency forwards (4)
 
 
 
 
(23
)
 
 
 
 
 
 
 
 
(23
)
 
 
 
 
       Foreign currency options (4)
 
 
 
 
(5
)
 
 
 
 
 
 
 
 
(7
)
 
 
 
 
       Interest rate swaptions (4)
 
0

 
 
0

 
 
(6
)
 
 
0

 
 
0

 
 
0

 
  Total fair value hedges
 
0

 
 
(28
)
 
 
(6
)
 
 
0

 
 
(30
)
 
 
0

 
  Net investment hedge:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Non-derivative hedging
instruments
 
 
 
 
0

 
 
2

 
 
 
 
 
0

 
 
36

 
       Foreign currency forwards
 
 
 
 
20

 
 
19

 
 
 
 
 
0

 
 
0

 
       Foreign currency options
 
 
 
 
(3
)
 
 
0

 
 
 
 
 
0

 
 
0

 
   Total net investment hedge
 
 
 
 
17

 
 
21

 
 
 
 
 
0

 
 
36

 
  Non-qualifying strategies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency swaps
 
 
 
 
27

 
 
 
 
 
 
 
 
39

 
 
 
 
       Foreign currency swaps - VIE
 
 
 
 
(93
)
 
 
 
 
 
 
 
 
(16
)
 
 
 
 
       Foreign currency forwards
 
 
 
 
(70
)
 
 
 
 
 
 
 
 
(154
)
 
 
 
 
       Foreign currency options
 
 
 
 
0

 
 
 
 
 
 
 
 
0

 
 
 
 
       Interest rate swaps
 
 
 
 
2

 
 
 
 
 
 
 
 
(1
)
 
 
 
 
  Total non- qualifying strategies
 
 
 
 
(134
)
 
 
 
 
 
 
 
 
(132
)
 
 
 
 
          Total
 
$
(1
)
 
 
$
(146
)
 
 
$
13

 
 
$
0

 
 
$
(162
)
 
 
$
34

 
(1) Net investment income (loss) includes net interest on swaps, amortization of the time value of terminated interest rate swaptions and amortization of premium of outstanding interest rate swaptions.
(2) Cash flow hedge items and the change in the fair value of interest rate swaptions related to the time value of the swaptions in fair value hedges are recorded as unrealized gains (losses) on derivatives and net investment hedge items are recorded in the unrealized foreign currency translation gains (losses) line in the consolidated statement of comprehensive income (loss).
(3) Impact of cash flow hedges reported as realized investment gains (losses) includes an immaterial amount of gains or losses reclassified from accumulated other comprehensive income (loss) into earnings. It also includes an immaterial amount excluded from effectiveness testing during the three-month periods ended September 30, 2019 and 2018, respectively.
(4)Impact shown net of effect of hedged items (see Fair Value Hedges section of this Note 4 for further detail)
 
Nine Months Ended September 30,
 
2019
2018
(In millions)
Net Investment Income(1)
Realized Investment
Gains (Losses)
Other
Comprehensive
Income (Loss)(2)
Net Investment Income(1)
Realized Investment
Gains (Losses)
Other
Comprehensive
Income (Loss)(2)
Qualifying hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency swaps - VIE
 
$
(2
)
 
 
$
(1
)
 
 
$
(4
)
 
 
$
0

 
 
$
1

 
 
$
2

 
  Total cash flow hedges
 
(2
)
 
 
(1
)
(3 
) 
 
(4
)
 
 
0

 
 
1

(3 
) 
 
2

 
  Fair value hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency forwards(4)
 

 
 
(47
)
 
 
 
 
 

 
 
(102
)
 
 
 
 
       Foreign currency options(4)
 

 
 
(9
)
 
 
 
 
 

 
 
(10
)
 
 
 
 
       Interest rate swaptions(4)
 
(1
)
 
 
0

 
 
(8
)
 
 
0

 
 
0

 
 
0

 
  Total fair value hedges
 
(1
)
 
 
(56
)
 
 
(8
)
 
 
0

 
 
(112
)
 
 
0

 
  Net investment hedge:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Non-derivative hedging
         instruments
 

 
 
0

 
 
(52
)
 
 

 
 
0

 
 
7

 
       Foreign currency forwards
 
 
 
 
20

 
 
19

 
 
 
 
 
0

 
 
0

 
       Foreign currency options
 

 
 
(3
)
 
 
0

 
 

 
 
0

 
 
(8
)
 
  Total net investment hedge
 

 
 
17

 
 
(33
)
 
 

 
 
0

 
 
(1
)
 
  Non-qualifying strategies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency swaps
 


 
 
71

 
 
 
 
 


 
 
(22
)
 
 
 
 
       Foreign currency swaps - VIE
 


 
 
(96
)
 
 
 
 
 


 
 
73

 
 
 
 
       Foreign currency forwards
 


 
 
23

 
 
 
 
 


 
 
(129
)
 
 
 
 
       Foreign currency options
 


 
 
0

 
 
 
 
 


 
 
0

 
 
 
 
       Interest rate swaps
 


 
 
18

 
 
 
 
 


 
 
(1
)
 
 
 
 
  Total non-qualifying strategies
 


 
 
16

 
 
 
 
 


 
 
(79
)
 
 
 
 
          Total
 
$
(3
)
 
 
$
(24
)
 
 
$
(45
)
 
 
$
0

 
 
$
(190
)
 
 
$
1

 
(1) Net investment income (loss) includes net interest on swaps, amortization of the time value of terminated interest rate swaptions and amortization of premium of outstanding interest rate swaptions.
(2) Cash flow hedge items and the change in the fair value of interest rate swaptions related to the time value of the swaptions in fair value hedges are recorded as unrealized gains (losses) on derivatives and net investment hedge items are recorded in the unrealized foreign currency translation gains (losses) line in the consolidated statement of comprehensive income (loss).
(3) Impact of cash flow hedges reported as realized investment gains (losses) includes an immaterial amount of gains or losses reclassified from accumulated other comprehensive income (loss) into earnings. It also includes an immaterial amount excluded from effectiveness testing during the nine-month periods ended September 30, 2019 and 2018, respectively.
(4)Impact shown net of effect of hedged items (see Fair Value Hedges section of this Note 4 for further detail)
Offsetting Assets
Offsetting of Financial Assets and Derivative Assets
September 30, 2019
 
 
 
Gross Amounts Not Offset
in Balance Sheet
 
 
(In millions)
Gross Amount of Recognized Assets
 
Gross Amount
Offset in
Balance Sheet
 
Net Amount of Assets Presented
 in Balance Sheet
 
Financial Instruments
 
Securities
Collateral
 
Cash Collateral Received
 
Net Amount
Derivative
  assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Derivative
      assets subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
$
251

 
 
 
$
0

 
 
 
$
251

 
 
 
$
(161
)
 
 
$
(24
)
 
 
$
(54
)
 
 
 
$
12

 
          OTC - cleared
 
13

 
 
 
0

 
 
 
13

 
 
 
0

 
 
0

 
 
(4
)
 
 
 
9

 
    Total derivative
      assets subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
264

 
 
 
0

 
 
 
264

 
 
 
(161
)
 
 
(24
)
 
 
(58
)
 
 
 
21

 
    Derivative
      assets not subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
147

 
 
 
 
 
 
 
147

 
 
 
 
 
 
 
 
 
 
 
 
 
147

 
    Total derivative
      assets not subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
147

 
 
 
 
 
 
 
147

 
 
 
 
 
 
 
 
 
 
 
 
 
147

 
    Total derivative
      assets
 
411

 
 
 
0

 
 
 
411

 
 
 
(161
)
 
 
(24
)
 
 
(58
)
 
 
 
168

 
Securities lending
   and similar
   arrangements
 
2,155

 
 
 
0

 
 
 
2,155

 
 
 
0

 
 
0

 
 
(2,155
)
 
 
 
0

 
    Total
 
$
2,566

 
 
 
$
0

 
 
 
$
2,566

 
 
 
$
(161
)
 
 
$
(24
)
 
 
$
(2,213
)
 
 
 
$
168

 

December 31, 2018
 
 
 
Gross Amounts Not Offset
in Balance Sheet
 
 
(In millions)
Gross Amount of Recognized Assets
 
Gross Amount
Offset in
Balance Sheet
 
Net Amount of Assets Presented
 in Balance Sheet
 
Financial Instruments
 
Securities
Collateral
 
Cash Collateral Received
 
Net Amount
Derivative
  assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Derivative
      assets subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
$
231

 
 
 
$
0

 
 
 
$
231

 
 
 
$
(152
)
 
 
$
(23
)
 
 
$
(55
)
 
 
 
$
1

 
          OTC - cleared
 
3

 
 
 
0

 
 
 
3

 
 
 
0

 
 
0

 
 
(3
)
 
 
 
0

 
    Total derivative
      assets subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
234

 
 
 
0

 
 
 
234

 
 
 
(152
)
 
 
(23
)
 
 
(58
)
 
 
 
1

 
    Derivative
      assets not subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
183

 
 
 
 
 
 
 
183

 
 
 
 
 
 
 
 
 
 
 
 
 
183

 
    Total derivative
      assets not subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
183

 
 
 
 
 
 
 
183

 
 
 
 
 
 
 
 
 
 
 
 
 
183

 
    Total derivative
      assets
 
417

 
 
 
0

 
 
 
417

 
 
 
(152
)
 
 
(23
)
 
 
(58
)
 
 
 
184

 
Securities lending
   and similar
   arrangements
 
1,029

 
 
 
0

 
 
 
1,029

 
 
 
0

 
 
0

 
 
(1,029
)
 
 
 
0

 
    Total
 
$
1,446

 
 
 
$
0

 
 
 
$
1,446

 
 
 
$
(152
)
 
 
$
(23
)
 
 
$
(1,087
)
 
 
 
$
184

 
Offsetting Liabilities

Offsetting of Financial Liabilities and Derivative Liabilities
September 30, 2019
 
 
 
Gross Amounts Not Offset
in Balance Sheet
 
 
(In millions)
Gross Amount of Recognized Liabilities
 
Gross Amount
Offset in
Balance Sheet
 
Net Amount of Liabilities Presented
 in Balance Sheet
 
Financial Instruments
 
Securities
Collateral
 
Cash Collateral Pledged
 
Net Amount
Derivative
  liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Derivative
      liabilities subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
$
264

 
 
 
$
0

 
 
 
$
264

 
 
 
$
(161
)
 
 
$
(50
)
 
 
$
(47
)
 
 
 
$
6

 
    Total derivative
      liabilities subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
264

 
 
 
0

 
 
 
264

 
 
 
(161
)
 
 
(50
)
 
 
(47
)
 
 
 
6

 
    Derivative
      liabilities not
      subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
139

 
 
 
 
 
 
 
139

 
 
 
 
 
 
 
 
 
 
 
 
 
139

 
    Total derivative
      liabilities not
      subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
139

 
 
 
 
 
 
 
139

 
 
 
 
 
 
 
 
 
 
 
 
 
139

 
    Total derivative
      liabilities
 
403

 
 
 
0

 
 
 
403

 
 
 
(161
)
 
 
(50
)
 
 
(47
)
 
 
 
145

 
Securities lending
   and similar
   arrangements
 
2,189

 
 
 
0

 
 
 
2,189

 
 
 
(2,155
)
 
 
0

 
 
0

 
 
 
34

 
    Total
 
$
2,592

 
 
 
$
0

 
 
 
$
2,592

 
 
 
$
(2,316
)
 
 
$
(50
)
 
 
$
(47
)
 
 
 
$
179

 


December 31, 2018
 
 
 
Gross Amounts Not Offset
in Balance Sheet
 
 
(In millions)
Gross Amount of Recognized Liabilities
 
Gross Amount
Offset in
Balance Sheet
 
Net Amount of Liabilities Presented
 in Balance Sheet
 
Financial Instruments
 
Securities
Collateral
 
Cash Collateral Pledged
 
Net Amount
Derivative
  liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Derivative
      liabilities subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
$
285

 
 
 
$
0

 
 
 
$
285

 
 
 
$
(152
)
 
 
$
(37
)
 
 
$
(68
)
 
 
 
$
28

 
    Total derivative
      liabilities subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
285

 
 
 
0

 
 
 
285

 
 
 
(152
)
 
 
(37
)
 
 
(68
)
 
 
 
28

 
    Derivative
      liabilities not
      subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
102

 
 
 
 
 
 
 
102

 
 
 
 
 
 
 
 
 
 
 
 
 
102

 
    Total derivative
      liabilities not
      subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
102

 
 
 
 
 
 
 
102

 
 
 
 
 
 
 
 
 
 
 
 
 
102

 
    Total derivative
      liabilities
 
387

 
 
 
0

 
 
 
387

 
 
 
(152
)
 
 
(37
)
 
 
(68
)
 
 
 
130

 
Securities lending
   and similar
   arrangements
 
1,052

 
 
 
0

 
 
 
1,052

 
 
 
(1,029
)
 
 
0

 
 
0

 
 
 
23

 
    Total
 
$
1,439

 
 
 
$
0

 
 
 
$
1,439

 
 
 
$
(1,181
)
 
 
$
(37
)
 
 
$
(68
)
 
 
 
$
153