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Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Insurance premiums $ 5,372 $ 5,513 $ 4,601
Fee income 6,371 6,497 5,986
Net investment income 5,510 5,223 5,085
Realized gain (loss) (513) (610) 141
Amortization of deferred gain on business sold through reinsurance 41 31 9
Other revenues 658 604 602
Total revenues 17,439 17,258 16,424
Expenses      
Interest credited 2,923 2,780 2,617
Benefits 8,677 7,880 6,786
Commissions and other expenses 5,064 5,287 4,763
Interest and debt expense 284 326 297
Strategic digitization expense 68 66 76
Total expenses 17,016 16,339 14,539
Income (loss) before taxes 423 919 1,885
Federal income tax expense (benefit) (76) 33 244
Net income (loss) 499 886 1,641
Other comprehensive income (loss), net of tax      
Unrealized investment gains (losses) 3,192 5,288 (3,449)
Foreign currency translation adjustment 5 6 (9)
Funded status of employee benefit plans 61 (28) (7)
Total other comprehensive income (loss), net of tax 3,258 5,266 (3,465)
Comprehensive income (loss) $ 3,757 $ 6,152 $ (1,824)
Net Income (Loss) Per Common Share      
Basic (in dollars per share) $ 2.58 $ 4.41 $ 7.60
Diluted (in dollars per share) 2.56 4.38 7.40
Cash Dividends Declared Per Common Share $ 1.62 $ 1.51 $ 1.36