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Variable Interest Entities - Fair Value of Assets and Liabilities (Details) - Consolidated investment entities - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Liabilities    
Debt [1] $ 2,163 $ 1,913
Recurring basis    
Assets    
Investments 2,170 1,918
Receivables 18 16
Other assets 2 2
Total assets at fair value 2,190 1,936
Liabilities    
Debt [1] 2,163 1,913
Other liabilities 71 69
Total liabilities at fair value 2,234 1,982
Recurring basis | Corporate debt securities    
Assets    
Investments   8
Recurring basis | Common stocks    
Assets    
Investments 2 1
Recurring basis | Syndicated loans    
Assets    
Investments 2,168 1,909
Recurring basis | Level 2    
Assets    
Investments 2,125 1,826
Receivables 18 16
Other assets 2  
Total assets at fair value 2,145 1,842
Liabilities    
Debt [1] 2,163 1,913
Other liabilities 71 69
Total liabilities at fair value 2,234 1,982
Recurring basis | Level 2 | Corporate debt securities    
Assets    
Investments   8
Recurring basis | Level 2 | Common stocks    
Assets    
Investments 2 1
Recurring basis | Level 2 | Syndicated loans    
Assets    
Investments 2,123 1,817
Recurring basis | Level 3    
Assets    
Investments 45 92
Other assets   2
Total assets at fair value 45 94
Recurring basis | Level 3 | Syndicated loans    
Assets    
Investments 45 92
CLOs    
Liabilities    
Debt $ 2,200 $ 2,000
[1] The carrying value of the CLOs’ debt is set equal to the fair value of the CLOs’ assets. The estimated fair value of the CLOs’ debt was $2.2 billion and $2.0 billion as of September 30, 2021 and December 31, 2020, respectively.