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Liabilities Subject to Netting (Details 2) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Derivatives [Abstract]    
Gross amounts of recognized liabilities [1],[2] $ 3,496 $ 3,895
Securities loaned [Abstract]    
Gross amounts of recognized liabilities 186 118
Gross amounts not offset in the consolidated balance sheets [Abstract]    
Financial instruments (18) [3] (19)
Securities collateral (162) (94)
Net amount 6 5
Repurchase agreements [Abstract]    
Gross amounts of recognized liabilities 51 50
Gross amounts not offset in the consolidated balance sheets [Abstract]    
Securities collateral (51) (50)
Net amount 0 0
Total [Abstract]    
Gross amounts of recognized liabilities 3,516 3,496
Gross amounts not offset in the consolidated balance sheets [Abstract]    
Financial instruments [3] (2,566) (2,688)
Cash collateral (51) (70)
Securities collateral (881) (723)
Net amount 18 15
OTC [Member]    
Derivatives [Abstract]    
Gross amounts of recognized liabilities 3,269 3,309
Gross amounts not offset in the consolidated balance sheets [Abstract]    
Financial instruments [3] (2,540) (2,653)
Cash collateral (51) (70)
Securities collateral (668) (579)
Net amount 10 7
OTC cleared [Member]    
Derivatives [Abstract]    
Gross amounts of recognized liabilities 8 [4] 16
Gross amounts not offset in the consolidated balance sheets [Abstract]    
Financial instruments [3] (7) [4] (15)
Net amount 1 [4] 1
Exchange-traded [Member]    
Derivatives [Abstract]    
Gross amounts of recognized liabilities 2 3
Gross amounts not offset in the consolidated balance sheets [Abstract]    
Financial instruments [3] (1) (1)
Net amount 1 2
Total derivatives [Member]    
Derivatives [Abstract]    
Gross amounts of recognized liabilities 3,279 3,328
Gross amounts not offset in the consolidated balance sheets [Abstract]    
Financial instruments [3] (2,548) (2,669)
Cash collateral (51) (70)
Securities collateral (668) (579)
Net amount $ 12 $ 10
[1] The fair value of freestanding derivative liabilities is included in Other liabilities on the Consolidated Balance Sheets. The fair value of GMWB and GMAB, IUL, and indexed annuity embedded derivatives is included in Policyholder account balances, future policy benefits and claims on the Consolidated Balance Sheets. The fair value of the SMC embedded derivative liability is included in Customer deposits on the Consolidated Balance Sheets.
[2] The fair value of the Company’s derivative liabilities after considering the effects of master netting arrangements, cash collateral held by the same counterparty and the fair value of net embedded derivatives was $897 million and $1.3 billion as of June 30, 2018 and December 31, 2017, respectively. See Note 12 for additional information related to master netting arrangements and cash collateral.
[3] Represents the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar arrangements that management elects not to offset on the Consolidated Balance Sheets.
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