Business Dispositions and Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

Major Classes of Assets and Liabilities Transferred to the Buyer in Connection with the Sale

	Carrying Value as of Closing			Carrying Value as of 12/31/2017
Assets
Cash and investments	$	27,058		$	30,135
Reinsurance recoverables	20,718			20,785
Loss accrual [1]	(3,044		)	(3,257		)
Other assets	2,907			1,439
Separate account assets	110,773			115,834
Total assets held for sale	158,412			164,936
Liabilities
Reserve for future policy benefits and unpaid loss and loss adjustment expenses	$	14,308		$	14,482
Other policyholder funds and benefits payable	28,680			29,228
Long-term debt	142			142
Other liabilities	2,222			2,756
Separate account liabilities	110,773			115,834
Total liabilities held for sale	$	156,125		$	162,442

[1] Represents the estimated accrued loss on sale of the Company's life and annuity run-off business.

Cash Flows from Discontinued Operations

	Six Months Ended June 30,
	2018			2017
Net cash provided by operating activities from discontinued operations	$	603		$	525
Net cash provided by (used in) investing activities from discontinued operations	$	463		$	(316	)
Net cash used in financing activities from discontinued operations [1]	$	(737	)	$	(203	)
Cash paid for interest	$	—		$	2

[1] Excludes return of capital to parent of $619 and $299 for the six months ended June 30, 2018 and 2017, respectively.

Reconciliation of the Major Line Items Constituting Pretax Profit (Loss) of Discontinued Operations

	Three Months Ended June 30,					Six Months Ended June 30,
	2018			2017		2018			2017
Revenues
Earned premiums	$	12		$	35	$	39		$	70
Fee income and other	150			226		382			448
Net investment income	207			320		519			639
Net realized capital losses	(93		)	21		(72		)	(25		)
Total revenues	276			602		868			1,132
Benefits, losses and expenses
Benefits, losses and loss adjustment expenses	207			346		535			679
Amortization of DAC	17			24		58			43
Insurance operating costs and other expenses [1]	61			89		162			183
Total benefits, losses and expenses	285			459		755			905
Income before income taxes	(9		)	143		113			227
Income tax expense	(6		)	30		9			41
Income from operations of discontinued operations, net of tax	(3		)	113		104			186
Net realized capital gain on disposal, net of tax	151			—		213			—
Income from discontinued operations, net of tax	$	148		$	113	$	317		$	186

[1]Corporate allocated overhead has been included in continuing operations.