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Investments - Unrealized net capital gains and losses included in AOCI (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Fair value    
Fixed income securities: $ 64,448 $ 59,044
Short-term investments 5,344 4,256
Derivative instruments 0 0
Gross unrealized Gains    
Fixed income securities 4,229 2,847
Short-term investments 1 0
Derivative instruments 0 0
Gross unrealized Losses    
Fixed income securities (315) (96)
Short-term investments 0 0
Derivative instruments (3) (3)
Unrealized net gains (losses)    
Fixed income securities 3,914 2,751
Short-term investments 1 0
Derivative instruments (3) (3)
Equity method of accounting (“EMA”) limited partnerships (8) (4)
Unrealized net capital gains and losses, pre-tax 3,904 2,744
Amount recognized for:    
Insurance reserves (319) (126)
DAC and DSI (284) (224)
Amounts recognized (603) (350)
Deferred income taxes (699) (507)
Total unrealized net capital gains and losses $ 2,602 $ 1,887