XML 53 R41.htm IDEA: XBRL DOCUMENT v3.20.2
Investments (Details) - Credit Loss Allowance - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Allowance for expected credit losses [Roll Forward]        
Allowance for expected credit losses on fixed maturities classified as available-for-sale, balance, beginning of period $ 4   $ 0  
Additions for expected credit losses on securities where no credit losses were previously recognized 4   8  
Additions (reductions) for expected credit losses on securities where credit losses were previously recognized 0   0  
Reductions due to sales/defaults of credit-impaired securities 0   0  
Reductions for impairments of securities which the Company intends to sell or more likely than not will be required to sell 0   0  
Allowance for expected credit losses on fixed maturities classified as available-for-sale, balance, end of period 8   8  
Credit impairment charges recognized in net realized investment gains (losses) on securities which the Company intends to sell and for which an allowance for credit loss was not previously recorded 2   14  
Total credit impairment charges included in net realized investment gains (losses) in the consolidated statement of income (loss) 46 $ 1 62 $ 2
Total credit impairment charges included in net realized investment gains (losses) in the consolidated statement of income (loss) related to other investments $ 40   $ 40  
Credit losses on fixed maturities recognized in the consolidated statement of income, as a percentage of the fixed maturity portfolio on a pre-tax basis (less than) 1.00% 1.00% 1.00% 1.00%
Credit losses on fixed maturities recognized in the consolidated statement of income, as a percentage of shareholders' equity on an after-tax basis (less than) 1.00% 1.00% 1.00% 1.00%
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]        
Allowance for expected credit losses [Roll Forward]        
Allowance for expected credit losses on fixed maturities classified as available-for-sale, balance, beginning of period $ 0   $ 0  
Additions for expected credit losses on securities where no credit losses were previously recognized 0   0  
Additions (reductions) for expected credit losses on securities where credit losses were previously recognized 0   0  
Reductions due to sales/defaults of credit-impaired securities 0   0  
Reductions for impairments of securities which the Company intends to sell or more likely than not will be required to sell 0   0  
Allowance for expected credit losses on fixed maturities classified as available-for-sale, balance, end of period 0   0  
All other corporate bonds [Member]        
Allowance for expected credit losses [Roll Forward]        
Allowance for expected credit losses on fixed maturities classified as available-for-sale, balance, beginning of period 4   0  
Additions for expected credit losses on securities where no credit losses were previously recognized 4   8  
Additions (reductions) for expected credit losses on securities where credit losses were previously recognized 0   0  
Reductions due to sales/defaults of credit-impaired securities 0   0  
Reductions for impairments of securities which the Company intends to sell or more likely than not will be required to sell 0   0  
Allowance for expected credit losses on fixed maturities classified as available-for-sale, balance, end of period $ 8   $ 8