Fair Value - Fair Value Measurements (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended | | |
Sep. 30, 2017 | Sep. 30, 2017 | Sep. 30, 2018 | Dec. 31, 2017 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | | |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 | | $ 12 | $ 54 | | |
Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | [1],[2] | | | $ 15,719 | $ 16,950 |
US Government Agencies Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 1,702 | 1,362 |
US States and Political Subdivisions Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 2,510 | 3,391 |
Debt Security, Corporate, US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 6,719 | 7,252 |
Debt Security, Corporate, Non-US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 2,437 | 2,678 |
Residential Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 598 | 571 |
Commercial Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 585 | 635 |
Other Asset-Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 1,137 | 1,035 |
Redeemable Preferred Stock [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 31 | 26 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Assets, Fair Value Disclosure | | | | 15,787 | 17,020 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 15,719 | 16,950 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 1,702 | 1,362 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 2,510 | 3,391 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | Debt Security, Corporate, US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 6,719 | 7,252 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | Debt Security, Corporate, Non-US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 2,437 | 2,678 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | Residential Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 598 | 571 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 585 | 635 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | Other Asset-Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 1,137 | 1,035 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | Redeemable Preferred Stock [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 31 | 26 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Recurring [Member] | Equity Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 68 | 70 |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member] | | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | | |
Mortgage loans | | | | 1,382 | 1,524 |
Bank loans | | | | 6 | 7 |
Investment contracts with a fixed maturity | | | | 5 | 7 |
Investment contracts without a fixed maturity | | | | 343 | 354 |
Long-term debt | | | | 8,359 | 9,815 |
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member] | | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | | |
Mortgage loans | | | | 1,378 | 1,496 |
Bank loans | | | | 6 | 7 |
Equity Securities (Cost Method) | [3] | | | 49 | 45 |
Investment contracts with a fixed maturity | | | | 5 | 7 |
Investment contracts without a fixed maturity | | | | 371 | 363 |
Long-term debt | | | | 8,157 | 9,159 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Assets, Fair Value Disclosure | | | | 1,641 | 1,356 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 1,622 | 1,313 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 1,622 | 1,313 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Debt Security, Corporate, US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Debt Security, Corporate, Non-US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Other Asset-Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Redeemable Preferred Stock [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Equity Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 19 | 43 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | | |
Mortgage loans | | | | 0 | 0 |
Bank loans | | | | 0 | 0 |
Investment contracts with a fixed maturity | | | | 0 | 0 |
Investment contracts without a fixed maturity | | | | 0 | 0 |
Long-term debt | | | | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Assets, Fair Value Disclosure | | | | 13,993 | 15,541 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 13,993 | 15,541 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 80 | 49 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 2,510 | 3,390 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Debt Security, Corporate, US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 6,625 | 7,167 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Debt Security, Corporate, Non-US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 2,434 | 2,675 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 598 | 571 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 585 | 635 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Other Asset-Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 1,137 | 1,035 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Redeemable Preferred Stock [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 24 | 19 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Equity Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | | |
Mortgage loans | | | | 0 | 0 |
Bank loans | | | | 0 | 0 |
Investment contracts with a fixed maturity | | | | 0 | 0 |
Investment contracts without a fixed maturity | | | | 0 | 0 |
Long-term debt | | | | 8,359 | 9,815 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Assets, Fair Value Disclosure | | | | 153 | 123 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 104 | 96 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 1 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Debt Security, Corporate, US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 94 | 85 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Debt Security, Corporate, Non-US [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 3 | 3 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other Asset-Backed Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Redeemable Preferred Stock [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 7 | 7 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Brokered Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 63 | 67 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Equity Securities [Member] | | | | | |
Assets, Fair Value Disclosure [Abstract] | | | | | |
Available-for-sale Securities | | | | 49 | 27 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | | |
Mortgage loans | | | | 1,382 | 1,524 |
Bank loans | | | | 6 | 7 |
Investment contracts with a fixed maturity | | | | 5 | 7 |
Investment contracts without a fixed maturity | | | | 343 | 354 |
Long-term debt | | | | $ 0 | $ 0 |
| |
[1] | At both September 30, 2018 and December 31, 2017, we held securities for which we previously recognized an immaterial amount of non-credit related impairments in accumulated other comprehensive loss. These securities had an immaterial amount of net unrealized capital gains at both September 30, 2018 and December 31, 2017. | |
[2] | Investment risks associated with our experience-rated and discontinued products generally do not impact our operating results (refer to Note 16 for additional information on our accounting for discontinued products). At September 30, 2018, debt securities with a fair value of approximately $2.3 billion, gross unrealized capital gains of $80 million and gross unrealized capital losses of $55 million and, at December 31, 2017, debt securities with a fair value of approximately $2.6 billion, gross unrealized capital gains of $199 million and gross unrealized capital losses of $8 million were included in total debt securities, but support our experience-rated and discontinued products. Changes in net unrealized capital gains (losses) on these securities are not reflected in accumulated other comprehensive income. | |
[3] | It was not practical to estimate the fair value of these cost-method investments as it represents shares of unlisted companies. | |