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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Investments:    
Fixed maturities, amortized cost $ 38,059 $ 38,157
Fixed maturities, amortized cost, allowance for credit loss 49 [1] 0
Equity securities, cost 1,446 1,244
Other invested assets, primarily mortgage loans, allowance for credit loss $ 20 $ 0
Liabilities and Equity:    
Preferred stock, par value (in dollars per share) $ 0.10 $ 0.10
Preferred stock, shares authorized (in shares) 100,000,000 100,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 1,800,000,000 1,800,000,000
Common stock, shares issued (in shares) 291,381,794 291,210,222
Treasury stock, shares (in shares) 9,951,322 240,000
[1] On January 1, 2020, the Company adopted ASU 2016-13; see Note 1. The Unrealized OTTI Losses (Gains) column that tracked subsequent valuation changes on securities for which a credit loss had previously been recorded has been replaced with the Allowance for Credit Losses column. Prior period amounts were not adjusted for the adoption of this standard.