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Derivatives and Hedging Activities - Derivatives Not Designated as Hedges Impact (Details) - Not designated as hedging instruments - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net Investment Income        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) $ (23)   $ (40) $ (2)
Net Investment Income | Interest rate contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)     (23) (1)
Net Investment Income | Equity contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)       (1)
Net Investment Income | Foreign exchange contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) (23)   (17)  
Banking and Deposit Interest Expense | Equity contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)   $ 2 1  
Banking and Deposit Interest Expense | Customer deposits - SMC embedded derivatives        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)   (2) (1)  
Distribution Expenses        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) (13) 41 67 14
Distribution Expenses | Interest rate contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)     (1) 2
Distribution Expenses | Equity contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) (13) 41 67 12
Distribution Expenses | Credit contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)     1  
Interest Credited to Fixed Accounts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) 12 10 70 3
Interest Credited to Fixed Accounts | Equity contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)   42 55 (7)
Interest Credited to Fixed Accounts | IUL embedded derivatives        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) 11 (29) 22 8
Interest Credited to Fixed Accounts | Fixed deferred indexed annuity and deposit receivables embedded derivatives        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) 1   (7)  
Interest Credited to Fixed Accounts | Fixed deferred indexed annuity embedded derivatives        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)   (3)   2
Benefits, Claims, Losses and Settlement Expenses        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) (249) (691) (1,004) 1
Benefits, Claims, Losses and Settlement Expenses | Interest rate contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) (171) (371) (1,125) 2,204
Benefits, Claims, Losses and Settlement Expenses | Equity contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) 1 (468) (613) 58
Benefits, Claims, Losses and Settlement Expenses | Credit contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) 2 (12) 41 (91)
Benefits, Claims, Losses and Settlement Expenses | Foreign exchange contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)   (23) 6 26
Benefits, Claims, Losses and Settlement Expenses | GMWB and GMAB embedded derivatives        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) (64) 186 879 (2,180)
Benefits, Claims, Losses and Settlement Expenses | Structured variable annuity embedded derivatives        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) (17) (3) (192) (16)
General and Administrative Expense        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) (1) 11 9 6
General and Administrative Expense | Equity contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss) $ (1) 6 11 3
General and Administrative Expense | Foreign exchange contracts        
Impact of derivatives not designated as hedging instruments        
Total gain (loss)   $ 5 $ (2) $ 3