Deferred Policy Acquisition Costs (Tables)

12 Months Ended

Dec. 31, 2021

Deferred Policy Acquisition Costs Disclosures [Abstract]

Deferred Policy Acquisition Costs [Table Text Block]

The following reflects the amounts of policy acquisition costs deferred and amortized (dollars in millions): 

Years ended December 31,	2021		2020		2019
Balance, beginning of year	$	3,616	$	3,512	$	3,398
Capitalization	541		478		526
Amortization (including interest)	(496)		(405)		(315)
Change in value of embedded derivatives	(36)		22		(15)
Attributed to unrealized investment gains (losses)	33		(26)		(97)
Foreign currency translation	32		35		15
Balance, end of year	$	3,690	$	3,616	$	3,512