XML 79 R67.htm IDEA: XBRL DOCUMENT v3.22.0.1
DERIVATIVES - Financial Statement Impact of Derivatives By Category (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) $ (4,685) $ (1,541) $ (3,831)
Interest credited to policyholder's account balances (1,128) (1,118) (1,149)
Designated for hedge accounting | Cash flow hedge      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (71) (9) 4
Interest credited to policyholder's account balances (45) 0 0
AOCI (82) (87) (28)
Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (3,371) 1,939 656
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Currency Swaps | Designated for hedge accounting | Cash flow hedge      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (2) 0 0
Interest credited to policyholder's account balances (45) 0 0
AOCI 5 0 0
Currency Swaps | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 3 (2) (9)
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Swaps | Designated for hedge accounting | Cash flow hedge      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (69) (9) 4
Interest credited to policyholder's account balances 0 0 0
AOCI (87) (87) (28)
Swaps | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (2,316) 2,832 2,033
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Futures | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (607) (955) (1,294)
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Swaps | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (3,608) (3,353) (2,405)
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Options | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 3,883 1,663 2,211
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Futures | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (727) 1,745 139
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Swaptions | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 0 9 (35)
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Credit default swaps | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 1 0 16
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Currency forwards | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 0 0 0
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Margin | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 0 0 0
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Collateral | Not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 0 0 0
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Amounts due from reinsurers      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 517 0 0
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
GMIB reinsurance contracts      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (777) 472 500
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
GMxB derivative features liability      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 2,792 (2,238) (2,439)
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
SCS, SIO, MSO and IUL indexed features      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (3,760) (1,693) (2,552)
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Embedded derivatives      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (1,228) (3,459) (4,491)
Interest credited to policyholder's account balances 0 0 0
AOCI 0 0 0
Derivative instruments including embedded derivative      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (4,670) (1,529) (3,831)
Interest credited to policyholder's account balances (45) 0 0
AOCI (82) (87) $ (28)
Investment fees $ 15 $ 12