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FAIR VALUE MEASUREMENTS - Fair Value Hierarchy Levels of Assets and Liabilities Carried at Cost or Amortized Cost (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other investments $ 1,771 $ 1,477
Assets:    
Securities held to maturity, fixed maturities, amortized cost 23,518 30,085
Held to maturity, fixed maturity securities, fair value 29,293 37,594
Commercial mortgage and other loans 10,717 9,569
Commercial mortgage and other loans, fair value 10,650 9,648
Other investments carried at amortized cost 27 [1] 30 [2]
Other investments carried at amortized cost, fair value 27 [1] 30 [2]
Total financial instruments assets not carried at fair value 34,253 39,684
Assets fair value disclosure financial instruments carried at cost 39,970 47,272
Liabilities:    
Other policyholders’ funds 7,484 7,317
Other policyholders' funds fair value disclosure 7,393 7,234
Notes payable 7,618 6,408
Notes payable, fair value disclosure 8,476 6,935
Total financial instrument liabilities not carried at fair value 15,102 13,725
Liabilities fair value disclosure financial instruments carried at cost 15,869 14,169
Government and agencies    
Assets:    
Securities held to maturity, fixed maturities, amortized cost 22,528 22,241
Held to maturity, fixed maturity securities, fair value 28,030 28,291
Municipalities    
Assets:    
Securities held to maturity, fixed maturities, amortized cost 364 821
Held to maturity, fixed maturity securities, fair value 481 1,083
Mortgage- and asset-backed securities    
Assets:    
Securities held to maturity, fixed maturities, amortized cost   16
Held to maturity, fixed maturity securities, fair value   17
Public utilities    
Assets:    
Securities held to maturity, fixed maturities, amortized cost 45 2,535
Held to maturity, fixed maturity securities, fair value 59 2,954
Sovereign and supranational    
Assets:    
Securities held to maturity, fixed maturities, amortized cost 549 1,123
Held to maturity, fixed maturity securities, fair value 692 1,320
Banks/financial institutions    
Assets:    
Securities held to maturity, fixed maturities, amortized cost   916
Held to maturity, fixed maturity securities, fair value   1,018
Other corporate    
Assets:    
Securities held to maturity, fixed maturities, amortized cost 23 2,433
Held to maturity, fixed maturity securities, fair value 31 2,911
Policy loans    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other investments 263 250
Equity method investments    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other investments 718 569
Level 1    
Assets:    
Held to maturity, fixed maturity securities, fair value 27,781 27,937
Commercial mortgage and other loans, fair value 0 0
Other investments carried at amortized cost, fair value 0 [1] 0 [2]
Assets fair value disclosure financial instruments carried at cost 27,781 27,937
Liabilities:    
Other policyholders' funds fair value disclosure 0 0
Notes payable, fair value disclosure 0 0
Liabilities fair value disclosure financial instruments carried at cost 0 0
Level 1 | Government and agencies    
Assets:    
Held to maturity, fixed maturity securities, fair value 27,781 27,937
Level 1 | Municipalities    
Assets:    
Held to maturity, fixed maturity securities, fair value 0 0
Level 1 | Mortgage- and asset-backed securities    
Assets:    
Held to maturity, fixed maturity securities, fair value   0
Level 1 | Public utilities    
Assets:    
Held to maturity, fixed maturity securities, fair value 0 0
Level 1 | Sovereign and supranational    
Assets:    
Held to maturity, fixed maturity securities, fair value 0 0
Level 1 | Banks/financial institutions    
Assets:    
Held to maturity, fixed maturity securities, fair value   0
Level 1 | Other corporate    
Assets:    
Held to maturity, fixed maturity securities, fair value 0 0
Level 2    
Assets:    
Held to maturity, fixed maturity securities, fair value 1,512 9,647
Commercial mortgage and other loans, fair value 0 0
Other investments carried at amortized cost, fair value 27 [1] 30 [2]
Assets fair value disclosure financial instruments carried at cost 1,539 9,677
Liabilities:    
Other policyholders' funds fair value disclosure 0 0
Notes payable, fair value disclosure 8,200 6,663
Liabilities fair value disclosure financial instruments carried at cost 8,200 6,663
Level 2 | Government and agencies    
Assets:    
Held to maturity, fixed maturity securities, fair value 249 354
Level 2 | Municipalities    
Assets:    
Held to maturity, fixed maturity securities, fair value 481 1,083
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Held to maturity, fixed maturity securities, fair value   7
Level 2 | Public utilities    
Assets:    
Held to maturity, fixed maturity securities, fair value 59 2,954
Level 2 | Sovereign and supranational    
Assets:    
Held to maturity, fixed maturity securities, fair value 692 1,320
Level 2 | Banks/financial institutions    
Assets:    
Held to maturity, fixed maturity securities, fair value   1,018
Level 2 | Other corporate    
Assets:    
Held to maturity, fixed maturity securities, fair value 31 2,911
Level 3    
Assets:    
Held to maturity, fixed maturity securities, fair value 0 10
Commercial mortgage and other loans, fair value 10,650 9,648
Other investments carried at amortized cost, fair value 0 [1] 0 [2]
Assets fair value disclosure financial instruments carried at cost 10,650 9,658
Liabilities:    
Other policyholders' funds fair value disclosure 7,393 7,234
Notes payable, fair value disclosure 276 272
Liabilities fair value disclosure financial instruments carried at cost 7,669 7,506
Level 3 | Government and agencies    
Assets:    
Held to maturity, fixed maturity securities, fair value 0 0
Level 3 | Municipalities    
Assets:    
Held to maturity, fixed maturity securities, fair value 0 0
Level 3 | Mortgage- and asset-backed securities    
Assets:    
Held to maturity, fixed maturity securities, fair value   10
Level 3 | Public utilities    
Assets:    
Held to maturity, fixed maturity securities, fair value 0 0
Level 3 | Sovereign and supranational    
Assets:    
Held to maturity, fixed maturity securities, fair value 0 0
Level 3 | Banks/financial institutions    
Assets:    
Held to maturity, fixed maturity securities, fair value   0
Level 3 | Other corporate    
Assets:    
Held to maturity, fixed maturity securities, fair value $ 0 $ 0
[1] Excludes policy loans of $263 and equity method investments of $718, at carrying value
[2] Excludes policy loans of $250 and equity method investments of $569, at carrying value