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DERIVATIVE INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
  
 
 
June 30, 2020
 
 
December 31, 2019
 
(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

 
 
 
$
13

 
 
$
75

 
 
$
0

 
 
$
8

 
Total cash flow hedges
 
 
75

 
 
0

 
 
 
13

 
 
75

 
 
0

 
 
8

 
Fair value hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forwards
 
 
62

 
 
0

 
 
 
0

 
 
964

 
 
0

 
 
38

 
Foreign currency options
 
 
8,689

 
 
0

 
 
 
2

 
 
11,573

 
 
0

 
 
5

 
Interest rate swaptions
 
 
243

 
 
0

 
 
 
0

 
 
243

 
 
0

 
 
0

 
Total fair value hedges
 
 
8,994

 
 
0

 
 
 
2

 
 
12,780

 
 
0

 
 
43

 
Net investment hedge:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forwards
 
 
4,994

 
 
122

 
 
 
2

 
 
4,952

 
 
72

 
 
2

 
Foreign currency options
 
 
2,732

 
 
1

 
 
 
0

 
 
2,000

 
 
0

 
 
0

 
Total net investment hedge
 
 
7,726

 
 
123

 
 
 
2

 
 
6,952

 
 
72

 
 
2

 
Non-qualifying strategies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency swaps
 
 
2,250

 
 
73

 
 
 
29

 
 
2,800

 
 
72

 
 
78

 
Foreign currency swaps - VIE
 
 
2,657

 
 
87

 
 
 
242

 
 
2,587

 
 
169

 
 
118

 
Foreign currency forwards
 
 
17,110

 
 
177

 
 
 
391

 
 
19,821

 
 
166

 
 
337

 
Foreign currency options
 
 
9,149

 
 
0

 
 
 
0

 
 
9,553

 
 
0

 
 
0

 
Interest rate swaps
 
 
2,000

 
 
14

 
 
 
0

 
 
7,120

 
 
3

 
 
0

 
Interest rate swaptions
 
 
7

 
 
0

 
 
 
0

 
 
7

 
 
0

 
 
0

 
Forward bond purchase commitment - VIE
 
 
52

 
 
0

 
 
 
1

 
 
0

 
 
0

 
 
0

 
Total non-qualifying strategies
 
 
33,225

 
 
351

 
 
 
663

 
 
41,888

 
 
410

 
 
533

 
Total derivatives
 
 
$
50,020

 
 
$
474

 
 
 
$
680

 
 
$
61,695

 
 
$
482

 
 
$
586

 
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 Investment Gains (Losses) Recognized for Fair Value Hedge
Three Months Ended June 30, 2020:
 
 
 
 
 
 
 
Foreign currency
forwards
Fixed maturity securities
 
$
0

 
$
(1
)
 
$
1

 
$
(1
)
 
$
0

Foreign currency options
Fixed maturity securities
 
(2
)
 
(1
)
 
(1
)
 
1

 
0

  Total gains (losses)
 
$
(2
)
 
$
(2
)
 
$
0

 
$
0

 
$
0

Six Months Ended June 30, 2020:
 
 
 
 
 
 
 
 
 
 
Foreign currency
forwards
Fixed maturity securities
 
$
(16
)
 
$
(8
)
 
$
(8
)
 
$
9

 
$
1

Foreign currency
options
Fixed maturity securities
 
(2
)
 
(1
)
 
(1
)
 
1

 
0

Total gains (losses)
 
 
$
(18
)
 
$
(9
)
 
$
(9
)
 
$
10

 
$
1

Three Months Ended June 30, 2019:
 
 
 
 
 
 
 
 
 
 
Foreign currency forwards
Fixed maturity securities
 
$
6

 
$
(14
)
 
$
20

 
$
(21
)
 
$
(1
)
Interest rate
swaptions
Fixed maturity securities
 
(2
)
 
(2
)
 
0

 
0

 
0

  Total gains (losses)
 
 
4

 
(16
)
 
20

 
(21
)
 
(1
)
Six Months Ended June 30, 2019:
 
 
 
 
 
 
 
 
 
 
Foreign currency forwards
Fixed maturity securities
 
$
15

 
$
(24
)
 
$
39

 
$
(39
)
 
$
0

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

 
0

 
0

Interest rate
swaptions
Fixed maturity securities
 
(3
)
 
(3
)
 
0

 
0

 
0

Total gains (losses)
 
 
$
8

 
$
(31
)
 
$
39

 
$
(39
)
 
$
0


(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 net 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 net 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 net investment gains and losses consistent with the impact of the hedged item. For the three-month and six-month periods ended June 30, 2020 and 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)
 
 
 
June 30, 2020
 
December 31, 2019
 
June 30, 2020
 
December 31, 2019
 
Fixed maturity securities
 
$
4,540

 
$
4,633

 
$
245

 
$
256

 
(1) The balance includes hedging adjustment on discontinued hedging relationships of $245 in 2020 and $256 in 2019.
The total notional amount of the Company's interest rate swaptions was $243 in 2020 and $243 in 2019. 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 net investment gains (losses) and other comprehensive income (loss) from all derivatives and hedging instruments.
 
 Three Months Ended June 30,
 
2020
2019
(In millions)
Net Investment Income (1)
Net Investment
Gains (Losses)
Other
Comprehensive
Income (Loss)(2)
Net Investment Income (1)
Net Investment
Gains (Losses)
Other
Comprehensive
Income (Loss)(2)
Qualifying hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency swaps - VIE
 
$
0

 
 
$
0

 
 
$
(2
)
 
 
$
0

 
 
$
0

 
 
$
0

 
  Total cash flow hedges
 
0

 
 
0

(3 
) 
 
(2
)
 
 
0

 
 
0

(3 
) 
 
0

 
  Fair value hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency forwards (3)
 
 
 
 
(1
)
 
 
 
 
 
 
 
 
(15
)
 
 
 
 
       Foreign currency options (3)
 
 
 
 
(1
)
 
 
 
 
 
 
 
 
0

 
 
 
 
       Interest rate swaptions (3)
 
(1
)
 
 
0

 
 
1

 
 
(1
)
 
 
0

 
 
(1
)
 
  Total fair value hedges
 
(1
)
 
 
(2
)
 
 
1

 
 
(1
)
 
 
(15
)
 
 
(1
)
 
  Net investment hedge:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Non-derivative hedging
instruments
 
 
 
 
0

 
 
(28
)
 
 
 
 
 
0

 
 
(54
)
 
       Foreign currency forwards
 
 
 
 
101

 
 
(50
)
 
 
 
 
 
0

 
 
0

 
       Foreign currency options
 
 
 
 
(7
)
 
 
0

 
 
 
 
 
0

 
 
0

 
   Total net investment hedge
 
 
 
 
94

 
 
(78
)
 
 
 
 
 
0

 
 
(54
)
 
  Non-qualifying strategies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency swaps
 
 
 
 
31

 
 
 
 
 
 
 
 
0

 
 
 
 
       Foreign currency swaps - VIE
 
 
 
 
(30
)
 
 
 
 
 
 
 
 
13

 
 
 
 
       Foreign currency forwards
 
 
 
 
30

 
 
 
 
 
 
 
 
114

 
 
 
 
       Foreign currency options
 
 
 
 
(3
)
 
 
 
 
 
 
 
 
0

 
 
 
 
       Interest rate swaps
 
 
 
 
2

 
 
 
 
 
 
 
 
10

 
 
 
 
       Forward bond purchase
commitment- VIE
 
 
 
 
(2
)
 
 
 
 
 
 
 
 
0

 
 
 
 
  Total non- qualifying strategies
 
 
 
 
28

 
 
 
 
 
 
 
 
137

 
 
 
 
          Total
 
$
(1
)
 
 
$
120

 
 
$
(79
)
 
 
$
(1
)
 
 
$
122

 
 
$
(55
)
 
(1) 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).
(2) Impact of cash flow hedges reported as net 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 June 30, 2020 and 2019, respectively.
(3)Impact shown net of effect of hedged items (see Fair Value Hedges section of this Note 4 for further detail)

 
Six Months Ended June 30,
 
2020
2019
(In millions)
Net Investment Income(1)
Net Investment
Gains (Losses)
Other
Comprehensive
Income (Loss)(2)
Net Investment Income(1)
Net Investment
Gains (Losses)
Other
Comprehensive
Income (Loss)(2)
Qualifying hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency swaps - VIE
 
$
(1
)
 
 
$
0

 
 
$
(6
)
 
 
$
(1
)
 
 
$
0

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

(3 
) 
 
(6
)
 
 
(1
)
 
 
0

(3 
) 
 
(2
)
 
  Fair value hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency forwards(3)
 

 
 
(7
)
 
 
 
 
 

 
 
(24
)
 
 
 
 
       Foreign currency options(3)
 

 
 
(1
)
 
 
 
 
 

 
 
(4
)
 
 
 
 
       Interest rate swaptions(3)
 
(1
)
 
 
0

 
 
1

 
 
(1
)
 
 
0

 
 
(2
)
 
  Total fair value hedges
 
(1
)
 
 
(8
)
 
 
1

 
 
(1
)
 
 
(28
)
 
 
(2
)
 
  Net investment hedge:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Non-derivative hedging
         instruments
 

 
 
0

 
 
(21
)
 
 

 
 
0

 
 
(54
)
 
       Foreign currency forwards
 
 
 
 
152

 
 
(75
)
 
 
 
 
 
0

 
 
0

 
       Foreign currency options
 

 
 
(1
)
 
 
0

 
 

 
 
0

 
 
0

 
  Total net investment hedge
 

 
 
151

 
 
(96
)
 
 

 
 
0

 
 
(54
)
 
  Non-qualifying strategies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       Foreign currency swaps
 


 
 
81

 
 
 
 
 


 
 
44

 
 
 
 
       Foreign currency swaps - VIE
 


 
 
(225
)
 
 
 
 
 


 
 
(3
)
 
 
 
 
       Foreign currency forwards
 


 
 
(6
)
 
 
 
 
 


 
 
93

 
 
 
 
       Foreign currency options
 


 
 
(5
)
 
 
 
 
 


 
 
0

 
 
 
 
       Interest rate swaps
 


 
 
49

 
 
 
 
 


 
 
16

 
 
 
 
Forward bond purchase
commitment - VIE
 
 
 
 
(2
)
 
 
 
 
 
 
 
 
0

 
 
 
 
  Total non-qualifying strategies
 


 
 
(108
)
 
 
 
 
 


 
 
150

 
 
 
 
          Total
 
$
(2
)
 
 
$
35

 
 
$
(101
)
 
 
$
(2
)
 
 
$
122

 
 
$
(58
)
 

(1) 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).
(2) Impact of cash flow hedges reported as net 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 six-month periods ended June 30, 2020 and 2019, respectively.
(3)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
June 30, 2020
 
 
 
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
 
$
373

 
 
 
$
0

 
 
 
$
373

 
 
 
$
(200
)
 
 
$
(6
)
 
 
$
(162
)
 
 
 
$
5

 
          OTC - cleared
 
14

 
 
 
0

 
 
 
14

 
 
 
0

 
 
0

 
 
(10
)
 
 
 
4

 
    Total derivative
      assets subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
387

 
 
 
0

 
 
 
387

 
 
 
(200
)
 
 
(6
)
 
 
(172
)
 
 
 
9

 
    Derivative
      assets not subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
87

 
 
 
 
 
 
 
87

 
 
 
 
 
 
 
 
 
 
 
 
 
87

 
    Total derivative
      assets not subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
87

 
 
 
 
 
 
 
87

 
 
 
 
 
 
 
 
 
 
 
 
 
87

 
    Total derivative
      assets
 
474

 
 
 
0

 
 
 
474

 
 
 
(200
)
 
 
(6
)
 
 
(172
)
 
 
 
96

 
Securities lending
   and similar
   arrangements
 
2,260

 
 
 
0

 
 
 
2,260

 
 
 
0

 
 
0

 
 
(2,260
)
 
 
 
0

 
    Total
 
$
2,734

 
 
 
$
0

 
 
 
$
2,734

 
 
 
$
(200
)
 
 
$
(6
)
 
 
$
(2,432
)
 
 
 
$
96

 

December 31, 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
 
$
310

 
 
 
$
0

 
 
 
$
310

 
 
 
$
(190
)
 
 
$
(7
)
 
 
$
(113
)
 
 
 
$
0

 
          OTC - cleared
 
3

 
 
 
0

 
 
 
3

 
 
 
0

 
 
0

 
 
0

 
 
 
3

 
    Total derivative
      assets subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
313

 
 
 
0

 
 
 
313

 
 
 
(190
)
 
 
(7
)
 
 
(113
)
 
 
 
3

 
    Derivative
      assets not subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
169

 
 
 
 
 
 
 
169

 
 
 
 
 
 
 
 
 
 
 
 
 
169

 
    Total derivative
      assets not subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
169

 
 
 
 
 
 
 
169

 
 
 
 
 
 
 
 
 
 
 
 
 
169

 
    Total derivative
      assets
 
482

 
 
 
0

 
 
 
482

 
 
 
(190
)
 
 
(7
)
 
 
(113
)
 
 
 
172

 
Securities lending
   and similar
   arrangements
 
1,860

 
 
 
0

 
 
 
1,860

 
 
 
0

 
 
0

 
 
(1,860
)
 
 
 
0

 
    Total
 
$
2,342

 
 
 
$
0

 
 
 
$
2,342

 
 
 
$
(190
)
 
 
$
(7
)
 
 
$
(1,973
)
 
 
 
$
172

 
Offsetting Liabilities

Offsetting of Financial Liabilities and Derivative Liabilities
June 30, 2020
 
 
 
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
 
$
425

 
 
 
$
0

 
 
 
$
425

 
 
 
$
(200
)
 
 
$
(188
)
 
 
$
0

 
 
 
$
37

 
    Total derivative
      liabilities subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
425

 
 
 
0

 
 
 
425

 
 
 
(200
)
 
 
(188
)
 
 
0

 
 
 
37

 
    Derivative
      liabilities not
      subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
255

 
 
 
 
 
 
 
255

 
 
 
 
 
 
 
 
 
 
 
 
 
255

 
    Total derivative
      liabilities not
      subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
255

 
 
 
 
 
 
 
255

 
 
 
 
 
 
 
 
 
 
 
 
 
255

 
    Total derivative
      liabilities
 
680

 
 
 
0

 
 
 
680

 
 
 
(200
)
 
 
(188
)
 
 
0

 
 
 
292

 
Securities lending
   and similar
   arrangements
 
2,275

 
 
 
0

 
 
 
2,275

 
 
 
(2,260
)
 
 
0

 
 
0

 
 
 
15

 
    Total
 
$
2,955

 
 
 
$
0

 
 
 
$
2,955

 
 
 
$
(2,460
)
 
 
$
(188
)
 
 
$
0

 
 
 
$
307

 


December 31, 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
 
$
459

 
 
 
$
0

 
 
 
$
459

 
 
 
$
(190
)
 
 
$
(222
)
 
 
$
(32
)
 
 
 
$
15

 
          OTC - cleared
 
1

 
 
 
0

 
 
 
1

 
 
 
0

 
 
0

 
 
(1
)
 
 
 
0

 
    Total derivative
      liabilities subject
      to a master netting
      agreement or
      offsetting
      arrangement
 
460

 
 
 
0

 
 
 
460

 
 
 
(190
)
 
 
(222
)
 
 
(33
)
 
 
 
15

 
    Derivative
      liabilities not
      subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          OTC - bilateral
 
126

 
 
 
 
 
 
 
126

 
 
 
 
 
 
 
 
 
 
 
 
 
126

 
    Total derivative
      liabilities not
      subject to a
      master netting
      agreement or
      offsetting
      arrangement
 
126

 
 
 
 
 
 
 
126

 
 
 
 
 
 
 
 
 
 
 
 
 
126

 
    Total derivative
      liabilities
 
586

 
 
 
0

 
 
 
586

 
 
 
(190
)
 
 
(222
)
 
 
(33
)
 
 
 
141

 
Securities lending
   and similar
   arrangements
 
1,876

 
 
 
0

 
 
 
1,876

 
 
 
(1,860
)
 
 
0

 
 
0

 
 
 
16

 
    Total
 
$
2,462

 
 
 
$
0

 
 
 
$
2,462

 
 
 
$
(2,050
)
 
 
$
(222
)
 
 
$
(33
)
 
 
 
$
157