Business Dispositions and Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Revenues
Earned premiums	$	—		$	27		$	39		$	97
Fee income and other	—			217			382			665
Net investment income	—			326			519			964
Net realized capital gains (losses)	4			(29		)	(68		)	(53		)
Total revenues	4			541			872			1,673
Benefits, losses and expenses
Benefits, losses and loss adjustment expenses	—			356			535			1,036
Amortization of DAC	—			15			58			58
Insurance operating costs and other expenses [1]	(5		)	93			157			275
Total benefits, losses and expenses	(5		)	464			750			1,369
Income before income taxes	9			77			122			304
Income tax expense (benefit)	(7		)	(12		)	2			28
Income from operations of discontinued operations, net of tax	16			89			120			276
Net realized capital gain (loss) on disposal, net of tax	(11		)	—			202			—
Income from discontinued operations, net of tax	$	5		$	89		$	322		$	276

[1]Corporate allocated overhead has been included in continuing 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

	Nine Months Ended September 30,
	2018			2017
Net cash provided by operating activities from discontinued operations	$	603		$	612
Net cash provided by investing activities from discontinued operations	$	463		$	266
Net cash used in financing activities from discontinued operations [1]	$	(737	)	$	(595	)
Cash paid for interest	$	—		$	2

[1] Excludes return of capital to parent of $619 and $598 for the nine months ended September 30, 2018 and 2017, respectively.