XML 57 R46.htm IDEA: XBRL DOCUMENT v3.20.2
INVESTMENTS - Commercial Mortgage and Other Loans by Portfolio Segment (Details) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 10,987 $ 9,614
Percent of total commercial mortgage and other loans 100.00% 100.00%
Allowance for credit losses $ (165) $ (45) [1]
Total net commercial mortgage and other loans 10,822 9,569
Transitional real estate loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 5,644 $ 5,472
Percent of total commercial mortgage and other loans 51.30% 57.00%
Allowance for credit losses $ (53) $ (22) [1]
Commercial mortgage loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 1,732 $ 1,710
Percent of total commercial mortgage and other loans 15.80% 17.70%
Allowance for credit losses $ (28) $ (3) [1]
Middle market loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 3,611 $ 2,432
Percent of total commercial mortgage and other loans 32.90% 25.30%
Allowance for credit losses $ (84) $ (20) [1]
Office | Transitional real estate loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 2,146 $ 1,800
Percent of total commercial mortgage and other loans 19.50% 18.70%
Office | Commercial mortgage loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 403 $ 410
Percent of total commercial mortgage and other loans 3.70% 4.30%
Retail | Transitional real estate loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 179 $ 131
Percent of total commercial mortgage and other loans 1.60% 1.40%
Retail | Commercial mortgage loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 342 $ 348
Percent of total commercial mortgage and other loans 3.10% 3.50%
Apartment/Multi-Family | Transitional real estate loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 2,000 $ 2,085
Percent of total commercial mortgage and other loans 18.20% 21.70%
Apartment/Multi-Family | Commercial mortgage loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 594 $ 569
Percent of total commercial mortgage and other loans 5.40% 5.90%
Industrial | Transitional real estate loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 145 $ 256
Percent of total commercial mortgage and other loans 1.30% 2.70%
Industrial | Commercial mortgage loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 393 $ 383
Percent of total commercial mortgage and other loans 3.60% 4.00%
Hospitality | Transitional real estate loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 1,093 $ 1,036
Percent of total commercial mortgage and other loans 10.00% 10.80%
Other | Transitional real estate loans    
Participating Mortgage Loans [Line Items]    
Commercial mortgage and other loans, gross $ 81 $ 164
Percent of total commercial mortgage and other loans 0.70% 1.70%
[1] U.S. GAAP guidance adopted as of January 1, 2020 has superseded these losses, included for comparative purposes only.