Deferred Policy Acquisition Costs (Tables)

9 Months Ended

Sep. 30, 2017

Deferred Policy Acquisition Costs Disclosures [Abstract]

Deferred Policy Acquisition Costs Details

A progression of deferred policy acquisition costs is presented below (in millions):

	P&C			Annuity and Run-off Long-term Care and Life
	Deferred			Deferred			Sales															Consolidated
	Costs			Costs			Inducements			PVFP			Subtotal			Unrealized (*)			Total			Total
Balance at June 30, 2017	$	258		$	1,167		$	103		$	42		$	1,312		$	(414	)	$	898		$	1,156
Additions	149			44			1			—			45			—			45			194
Amortization:
Periodic amortization	(142		)	(44		)	(4		)	(2		)	(50		)	—			(50		)	(192		)
Included in realized gains	—			4			—			—			4			—			4			4
Foreign currency translation	1			—			—			—			—			—			—			1
Change in unrealized	—			—			—			—			—			(44		)	(44		)	(44		)
Balance at September 30, 2017	$	266		$	1,171		$	100		$	40		$	1,311		$	(458	)	$	853		$	1,119
Balance at June 30, 2016	$	234		$	1,089		$	116		$	51		$	1,256		$	(609	)	$	647		$	881
Additions	132			48			1			—			49			—			49			181
Amortization:
Periodic amortization	(134		)	(42		)	(6		)	(3		)	(51		)	—			(51		)	(185		)
Included in realized gains	—			1			—			—			1			—			1			1
Foreign currency translation	(1		)	—			—			—			—			—			—			(1		)
Change in unrealized	—			—			—			—			—			(10		)	(10		)	(10		)
Balance at September 30, 2016	$	231		$	1,096		$	111		$	48		$	1,255		$	(619	)	$	636		$	867
Balance at December 31, 2016	$	238		$	1,110		$	110		$	46		$	1,266		$	(265	)	$	1,001		$	1,239
Additions	439			177			3			—			180			—			180			619
Amortization:
Periodic amortization	(413		)	(122		)	(14		)	(6		)	(142		)	—			(142		)	(555		)
Included in realized gains	—			6			1			—			7			—			7			7
Foreign currency translation	2			—			—			—			—			—			—			2
Change in unrealized	—			—			—			—			—			(193		)	(193		)	(193		)
Balance at September 30, 2017	$	266		$	1,171		$	100		$	40		$	1,311		$	(458	)	$	853		$	1,119
Balance at December 31, 2015	$	226		$	1,018		$	119		$	55		$	1,192		$	(234	)	$	958		$	1,184
Additions	403			172			8			—			180			—			180			583
Amortization:
Periodic amortization	(396		)	(99		)	(17		)	(7		)	(123		)	—			(123		)	(519		)
Included in realized gains	—			5			1			—			6			—			6			6
Foreign currency translation	(2		)	—			—			—			—			—			—			(2		)
Change in unrealized	—			—			—			—			—			(385		)	(385		)	(385		)
Balance at September 30, 2016	$	231		$	1,096		$	111		$	48		$	1,255		$	(619	)	$	636		$	867