XML 83 R71.htm IDEA: XBRL DOCUMENT v3.22.0.1
CLOSED BLOCK - Summarized Financial Information for Closed Block (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Closed Block Liabilities:        
Future policy benefits, policyholders’ account balances and other $ 5,928 $ 6,201    
Policyholder dividend obligation 0 160 $ 2 $ 0
Other liabilities 39 39    
Total Closed Block liabilities 5,967 6,400    
Assets Designated to the Closed Block:        
Fixed maturities AFS, at fair value (amortized cost of $3,185 and $3,359) (allowance for credit losses of $0 and $0) 3,390 3,718    
Mortgage loans on real estate (net of allowance for credit losses of $4 and $6) 1,771 1,773    
Policy loans 602 648    
Cash and other invested assets 63 28    
Other assets 90 169    
Total assets designated to the Closed Block 5,916 6,336    
Excess of Closed Block liabilities over assets designated to the Closed Block 51 64    
Amounts included in AOCI:        
Net unrealized investment gains (losses), net of policyholders’ dividend obligation: $0 and $160; and net of income tax: $(43) and $(42) 172 167    
Maximum future earnings to be recognized from Closed Block assets and liabilities 223 231    
Fixed maturities, available for sale, amortized cost 3,185 3,359    
Fixed maturities available-for-sale, allowance for credit losses 0 0    
Mortgage loans, credit losses 4 6    
Policyholder dividend obligation 0 160 $ 2 $ 0
Closed block operations, income taxes $ (43) $ (42)