Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)

6 Months Ended

Jun. 30, 2020

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:

	2020		2019
	(in millions)
Balance at January 1	$	2,698	$	2,776
Capitalization of acquisition costs	108		150
Amortization	(264)		(74)
Impact of change in net unrealized (gains) losses on securities	(43)		(123)
Reclassified to assets held for sale (1)	—		(16)
Balance at June 30	$	2,499	$	2,713

⁽¹⁾ On April 2, 2019, the Company announced it signed a definitive agreement with a subsidiary of American Family Mutual Holding Company (American Family Insurance) for the sale of AAH, a business unit of Ameriprise Financial. The Company met the requirements to classify assets related to AAH as held for sale as of June 30, 2019.

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:

	2020		2019
	(in millions)
Balance at January 1	$	218	$	251
Capitalization of sales inducement costs	1		1
Amortization	(18)		(6)
Impact of change in net unrealized (gains) losses on securities	(5)		(19)
Balance at June 30	$	196	$	227