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FAIR VALUE MEASUREMENTS - Changes in Investments and Derivatives Carried at Fair Value Classified as Level 3 (Detail) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period $ 1,471 $ 1,021
Net investment gains (losses) included in earnings 7 28
Unrealized gains (losses) included in other comprehensive income (loss) (72) (50)
Purchases 95 104
Issuances 0 0
Sales 0 0
Settlements (21) (3)
Transfers into Level 3 170 55
Transfers out of Level 3 (190) (15)
Balance, end of period 1,460 1,140
Change in unrealized gains (losses) still held 4 19
Foreign currency swaps    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Balance, beginning of period 0 (98)
Net investment gains (losses) included in earnings 0 19
Unrealized gains or losses included in other comprehensive income (loss) 0 (1)
Purchases 0 0
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 0 (80)
Changes in unrealized gain (losses) still held 0 19
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 291 224
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) (15) (15)
Purchases 76 10
Issuances 0 0
Sales 0 0
Settlements (2) 0
Transfers into Level 3 0 0
Transfers out of Level 3 (32) (15)
Balance, end of period 318 204
Change in unrealized gains (losses) still held 0 0
Fixed maturity securities | Public utilities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 493 422
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) (37) (18)
Purchases 9 78
Issuances 0 0
Sales 0 0
Settlements (8) (3)
Transfers into Level 3 128 0
Transfers out of Level 3 0 0
Balance, end of period 585 479
Change in unrealized gains (losses) still held 0 0
Fixed maturity securities | Sovereign and supranational    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 43 48
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) (2) (3)
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements 0 0
Transfers into Level 3 0 23
Transfers out of Level 3 0 0
Balance, end of period 41 68
Change in unrealized gains (losses) still held 0 0
Fixed maturity securities | Banks/financial institutions    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 45 24
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) 0 (1)
Purchases 0 5
Issuances 0 0
Sales 0 0
Settlements (3) 0
Transfers into Level 3 18 0
Transfers out of Level 3 0 0
Balance, end of period 60 28
Change in unrealized gains (losses) still held 0 0
Fixed maturity securities | Other corporate    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 426 299
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) (18) (12)
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements (1) 0
Transfers into Level 3 24 32
Transfers out of Level 3 (141) 0
Balance, end of period 290 319
Change in unrealized gains (losses) still held 0 0
Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 173 102
Net investment gains (losses) included in earnings 7 9
Unrealized gains (losses) included in other comprehensive income (loss) 0 0
Purchases 10 11
Issuances 0 0
Sales 0 0
Settlements (7) 0
Transfers into Level 3 0 0
Transfers out of Level 3 (17) 0
Balance, end of period 166 122
Change in unrealized gains (losses) still held $ 4 $ 0