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Segment Information - Net revenues and Operating Earnings (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net revenues        
Total net revenues $ 2,903 $ 3,003 $ 9,671 $ 8,716
Operating earnings        
Pretax income (loss) 1,270 (184) 2,484 1,641
Advice and Wealth Management Segment        
Net revenues        
Total net revenues 1,787 1,448 5,130 4,250
Asset Management Segment        
Net revenues        
Total net revenues 903 726 2,583 2,054
Retirement and Protection Solutions Segment        
Net revenues        
Total net revenues 712 671 2,073 1,976
Corporate and Other Segment        
Net revenues        
Total net revenues 113 132 370 413
Reportable segments        
Net revenues        
Total net revenues 3,910 3,319 11,329 9,699
Operating earnings        
Pretax income (loss) 850 227 2,410 1,456
Reportable segments | Advice and Wealth Management Segment        
Net revenues        
Total net revenues 2,048 1,667 5,907 4,899
Operating earnings        
Pretax income (loss) 459 320 1,271 969
Reportable segments | Asset Management Segment        
Net revenues        
Total net revenues 915 739 2,622 2,093
Operating earnings        
Pretax income (loss) 285 198 766 496
Reportable segments | Retirement and Protection Solutions Segment        
Net revenues        
Total net revenues 834 781 2,429 2,295
Operating earnings        
Pretax income (loss) 187 (89) 552 300
Reportable segments | Corporate and Other Segment        
Net revenues        
Total net revenues 113 132 371 412
Operating earnings        
Pretax income (loss) (81) (202) (179) (309)
Intersegment eliminations        
Net revenues        
Total net revenues (395) [1] (342) [1] (1,173) [2] (1,006) [2]
Intersegment eliminations | Advice and Wealth Management Segment        
Net revenues        
Total net revenues (261) (219) (777) (649)
Intersegment eliminations | Asset Management Segment        
Net revenues        
Total net revenues (12) (13) (39) (39)
Intersegment eliminations | Retirement and Protection Solutions Segment        
Net revenues        
Total net revenues (122) (110) (356) (319)
Intersegment eliminations | Corporate and Other Segment        
Net revenues        
Total net revenues 0 0 (1) 1
Segment reconciling items        
Net revenues        
Net realized gains (losses) 14 4 81 (19)
Revenue attributable to CIEs 42 21 92 52
Market impact on non-traditional long-duration products, net (revenues) (1) 1 25 (10)
Mean reversion related impacts, net revenue     1  
Market impact on hedges on investments (23)   (40)  
Block transfer reinsurance transaction impacts (644)   (644)  
Total net revenues (612) 26 (485) 23
Operating earnings        
Net realized gains (losses 12 4 78 (18)
Net income (loss) attributable to consolidated investment entities 2   (1) (2)
Market impact on non-traditional long-duration products, net (94) (431) (577) 239
Mean reversion related impacts 9 17 107 (30)
Market impact of hedges on investments (23)   (40)  
Block transfer reinsurance transaction impacts 521   521  
Integration and restructuring charges (7) (1) (14) (4)
Total Segments after intersegment eliminations | Reportable segments        
Net revenues        
Total net revenues $ 3,515 $ 2,977 $ 10,156 $ 8,693
[1] Represents the elimination of intersegment revenues recognized for the three months ended September 30, 2021 and 2020 in each segment as follows: Advice & Wealth Management ($261 million and $219 million, respectively); Asset Management ($12 million and $13 million, respectively); Retirement & Protection Solutions ($122 million and $110 million, respectively); and Corporate & Other (nil and nil, respectively).
[2] Represents the elimination of intersegment revenues recognized for the nine months ended September 30, 2021 and 2020 in each segment as follows: Advice & Wealth Management ($777 million and $649 million, respectively); Asset Management ($39 million and $39 million, respectively); Retirement & Protection Solutions ($356 million and $319 million, respectively); and Corporate & Other ($1 million and $(1) million, respectively).