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Reinsurance (Assumed Life Reinsurance Programs Involving Minimum Benefit Guarantees Under Annuity Contracts - Narrative) (Detail) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Guaranteed Minimum Death Benefit        
Net Amount at Risk by Product and Guarantee [Line Items]        
GLB liability $ 120 $ 117    
Guaranteed Minimum Income Benefit        
Net Amount at Risk by Product and Guarantee [Line Items]        
GLB liability 853 888 $ 663 $ 427
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value 559 [1] 609 [1],[2] $ 406 [2],[3] $ 193 [3]
Level 3 | Guaranteed Minimum Income Benefit        
Net Amount at Risk by Product and Guarantee [Line Items]        
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value $ 559 [4] $ 609    
[1] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. Refer to Note 5 c) for additional information.
[2] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $888 million at December 31, 2015 and $663 million at December 31, 2014, which includes a fair value derivative adjustment of $609 million and $406 million, respectively.
[3] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $663 million at December 31, 2014 and $427 million at December 31, 2013, which includes a fair value derivative adjustment of $406 million and $193 million, respectively.
[4] Discussion of the most significant inputs used in the fair value measurement of GLB and the sensitivity of those assumptions is included within Note 4 a) Guaranteed living benefits.