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Deferred Policy Acquisition and Sales Inducement Costs -Deferred policy acquisition costs activity (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Deferred policy acquisition costs activity      
Balance, beginning of year $ 4,699 $ 4,784 $ 4,191
Acquisition costs deferred 5,758 5,622 5,663
Amortization charged to income (5,630) (5,533) (5,222)
Effect of unrealized gains and losses (127) (174) 152
Balance, end of year $ 4,700 $ 4,699 $ 4,784