Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)

12 Months Ended

Dec. 31, 2019

Deferred Charges, Insurers [Abstract]

Schedule of balances of and changes in DAC [Table Text Block]

The balances of and changes in DAC were as follows:

	2019			2018			2017
	(in millions)
Balance at January 1	$	2,776		$	2,676		$	2,648
Capitalization of acquisition costs	291			318			302
Amortization, excluding the impact of valuation assumptions review	(165		)	(355		)	(279		)
Amortization, impact of valuation assumptions review	(14		)	33			12
Impact of change in net unrealized (gains) losses on securities	(175		)	104			(7		)
Disposal of business	(15		)	—			—
Balance at December 31	$	2,698		$	2,776		$	2,676

Schedule of balances of and changes in DSIC [Table Text Block]

The balances of and changes in DSIC, which is included in other assets, were as follows:

	2019			2018			2017
	(in millions)
Balance at January 1	$	251		$	276		$	302
Capitalization of sales inducement costs	1			2			4
Amortization, excluding the impact of valuation assumptions review	(15		)	(43		)	(35		)
Amortization, impact of valuation assumptions review	—			—			(1		)
Impact of change in net unrealized (gains) losses on securities	(19		)	16			6
Balance at December 31	$	218		$	251		$	276