XML 197 R124.htm IDEA: XBRL DOCUMENT v3.8.0.1
VARIABLE LIFE AND ANNUITY CONTRACTS (Details - GMDB, GMIB, GMWB and GMAV) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Assumptions and methodology used to determine the GMDB liability      
Fair value of embedded derivatives, liability $ 3,748 $ 4,802  
Embedded derivatives      
Assumptions and methodology used to determine the GMDB liability      
Fair value of embedded derivatives, liability 4,100 3,100  
Guaranteed minimum death benefits (GMDB)      
Changes in GMDB for guarantees on variable contracts reflected in the general account      
Balance at the beginning of the period 402 491 $ 420
Benefits paid (42) (57) (56)
Reserve increase (decrease) (14) (32) 127
Changes in reserves related to unrealized appreciation of investments 6 0 0
Balance at the end of the period 352 402 $ 491
Guaranteed minimum account value benefits (GMAB) and Guaranteed minimum withdrawal benefits (GMWB)      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Account value 45,000 41,000  
Net amount at risk 450 834  
Guaranteed minimum account value benefits (GMAB) and Guaranteed minimum withdrawal benefits (GMWB) | Embedded derivatives      
Assumptions and methodology used to determine the GMDB liability      
Fair value of embedded derivatives, liability 2,000 1,800  
Variable contract, net deposits plus a minimum return | Guaranteed minimum death benefits (GMDB)      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Account value 99 91  
Net amount at risk $ 1 $ 1  
Average attained age of contract holders by product 63 years 63 years  
Variable contract, net deposits plus a minimum return | Guaranteed minimum death benefits (GMDB) | Minimum      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Range of guaranteed minimum return rates (as a percent) 0.00% 0.00%  
Variable annuity contract, highest contract value attained | Guaranteed minimum death benefits (GMDB)      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Account value $ 17 $ 16  
Net amount at risk $ 0 $ 1  
Average attained age of contract holders by product 68 years 68 years  
Variable annuity contract, highest contract value attained | Guaranteed minimum death benefits (GMDB) | Maximum      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Range of guaranteed minimum return rates (as a percent) 4.50% 4.50%