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FAIR VALUE MEASUREMENTS - Changes in Investments and Derivatives Carried at Fair Value Classified as Level 3 (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period $ 1,021 $ 810
Net investment gains (losses) included in earnings (135) (124)
Unrealized gains (losses) included in other comprehensive income (loss) (65) 38
Purchases 490 306
Issuances 17 0
Sales (33) (6)
Settlements (38) (12)
Transfers into Level 3 107 26
Transfers out of Level 3   (17)
Transfers out of level 3 107  
Balance, end of period 1,471 1,021
Change in unrealized gains (losses) still held (217) (139)
Foreign currency swaps    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Balance, beginning of period (98) 43
Net investment gains (losses) included in earnings (158) (139)
Unrealized gains (losses) included in other comprehensive income (loss) (1) (2)
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 257 0
Balance, end of period 0 (98)
Change in unrealized gains (losses) still held (158) (139)
Fixed maturity securities | Mortgage- and asset-backed securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 224 178
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) (25) 9
Purchases 169 30
Issuances 0 0
Sales 0 0
Settlements 0 (2)
Transfers into Level 3 0 9
Transfers out of Level 3 (77) 0
Balance, end of period 291 224
Change in unrealized gains (losses) still held (24) 0
Fixed maturity securities | Public utilities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 422 224
Net investment gains (losses) included in earnings 0 (1)
Unrealized gains (losses) included in other comprehensive income (loss) (21) 19
Purchases 167 174
Issuances 0 0
Sales (2) 0
Settlements (21) (9)
Transfers into Level 3 0 15
Transfers out of Level 3 (52) 0
Balance, end of period 493 422
Change in unrealized gains (losses) still held (23) 0
Fixed maturity securities | Sovereign and supranational    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 48 0
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) (5) 0
Purchases 0 48
Issuances 0 0
Sales (23) 0
Settlements 0 0
Transfers into Level 3 23 0
Transfers out of Level 3 0 0
Balance, end of period 43 48
Change in unrealized gains (losses) still held (4) 0
Fixed maturity securities | Banks/financial institutions    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 24 23
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) (2) 0
Purchases 23 1
Issuances 0 0
Sales 0 0
Settlements 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Balance, end of period 45 24
Change in unrealized gains (losses) still held (2) 0
Fixed maturity securities | Other corporate    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 299 262
Net investment gains (losses) included in earnings 2 0
Unrealized gains (losses) included in other comprehensive income (loss) (11) 12
Purchases 90 39
Issuances 0 0
Sales 0 0
Settlements (17) (1)
Transfers into Level 3 84 2
Transfers out of Level 3 (21) (15)
Balance, end of period 426 299
Change in unrealized gains (losses) still held (27) 0
Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 102 80
Net investment gains (losses) included in earnings 21 16
Unrealized gains (losses) included in other comprehensive income (loss) 0 0
Purchases 41 14
Issuances 17 0
Sales (8) (6)
Settlements 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 (2)
Balance, end of period 173 102
Change in unrealized gains (losses) still held $ 21 $ 0