Business Dispositions and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2019

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			December 31, 2017 [2]
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 business.

[2]

Classified as assets and liabilities held for sale.

Cash Flows from Discontinued Operations included in the Consolidated Statement of Cash Flows

	Year Ended December 31,
	2018			2017
Net cash provided by operating activities from discontinued operations	$	603		$	797
Net cash provided by investing activities from discontinued operations	$	463		$	1,466
Net cash used in financing activities from discontinued operations [1]	$	(737	)	$	(884	)
Cash paid for interest	$	—		$	11

[1]

Excludes return of capital to parent of $619 and $1,396 for 2018 and 2017, respectively.

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

	For the years ended December 31,
	2018			2017
Revenues
Earned premiums	$	39		$	106
Fee income and other	382			912
Net investment income	519			1,289
Net realized capital losses	(68		)	(53		)
Total revenues	872			2,254
Benefits, losses and expenses
Benefits, losses and loss adjustment expenses	535			1,416
Amortization of DAC	58			45
Insurance operating costs and other expenses [1]	157			368
Total benefits, losses and expenses	750			1,829
Income before income taxes	122			425
Income tax expense	2			37
Income from operations of discontinued operations, net of tax	120			388
Net realized capital gain (loss) on disposal, net of tax	202			(3,257		)
Income (loss) from discontinued operations, net of tax	$	322		$	(2,869	)

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

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

	Carrying Value as of
	Closing
Assets
Cash and investments	$	669
Reinsurance recoverables and other	268
Total assets held for sale	937
Liabilities
Reserve for future policy benefits and unpaid loss and loss adjustment expenses	653
Other liabilities	12
Total liabilities held for sale	$	665