Segment Information (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Information, by Segment

	Operating Earnings
	Americas
Three Months Ended March 31, 2013	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Total			Asia			EMEA			Corporate & Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	1,547		$	3,874		$	416		$	675		$	6,512		$	1,998		$	567		$	26		$	9,103		$	48		$	9,151
Universal life and investment-type product policy fees	1,167			180			68			225			1,640			444			91			36			2,211			80			2,291
Net investment income	1,961			453			1,390			277			4,081			732			128			141			5,082			995			6,077
Other revenues	243			108			73			4			428			13			27			13			481			(1		)	480
Net investment gains (losses)	—			—			—			—			—			—			—			—			—			314			314
Net derivative gains (losses)	—			—			—			—			—			—			—			—			—			(630		)	(630		)
Total revenues	4,918			4,615			1,947			1,181			12,661			3,187			813			216			16,877			806			17,683
Expenses
Policyholder benefits and claims and policyholder dividends	2,153			3,640			1,017			554			7,364			1,415			237			9			9,025			683			9,708
Interest credited to policyholder account balances	579			39			343			104			1,065			442			35			12			1,554			1,036			2,590
Capitalization of DAC	(374		)	(33		)	(17		)	(105		)	(529		)	(546		)	(177		)	(4		)	(1,256		)	—			(1,256		)
Amortization of DAC and VOBA	331			34			11			74			450			401			165			—			1,016			(192		)	824
Amortization of negative VOBA	—			—			—			(1		)	(1		)	(113		)	(17		)	—			(131		)	(15		)	(146		)
Interest expense on debt	—			—			2			(1		)	1			—			1			286			288			33			321
Other expenses	1,278			588			139			372			2,377			1,094			448			164			4,083			312			4,395
Total expenses	3,967			4,268			1,495			997			10,727			2,693			692			467			14,579			1,857			16,436
Provision for income tax expense (benefit)	325			117			158			41			641			161			34			(195		)	641			(389		)	252
Operating earnings	$	626		$	230		$	294		$	143		$	1,293		$	333		$	87		$	(56	)	1,657
Adjustments to:
Total revenues																									806
Total expenses																									(1,857		)
Provision for income tax (expense) benefit																									389
Income (loss) from continuing operations, net of income tax																									$	995					$	995

	Operating Earnings
	Americas
Three Months Ended March 31, 2014	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Total			Asia			EMEA			Corporate & Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	1,724		$	4,002		$	301		$	668		$	6,695		$	1,890		$	597		$	35		$	9,217		$	2		$	9,219
Universal life and investment-type product policy fees	1,247			177			57			311			1,792			389			109			33			2,323			98			2,421
Net investment income	2,014			453			1,410			325			4,202			693			123			67			5,085			(50		)	5,035
Other revenues	245			107			68			7			427			27			16			21			491			(13		)	478
Net investment gains (losses)	—			—			—			—			—			—			—			—			—			(411		)	(411		)
Net derivative gains (losses)	—			—			—			—			—			—			—			—			—			343			343
Total revenues	5,230			4,739			1,836			1,311			13,116			2,999			845			156			17,116			(31		)	17,085
Expenses
Policyholder benefits and claims and policyholder dividends	2,407			3,781			888			604			7,680			1,397			261			35			9,373			254			9,627
Interest credited to policyholder account balances	555			40			278			98			971			387			34			9			1,401			68			1,469
Capitalization of DAC	(234		)	(34		)	(1		)	(89		)	(358		)	(494		)	(176		)	(18		)	(1,046		)	—			(1,046		)
Amortization of DAC and VOBA	429			36			4			79			548			338			164			—			1,050			8			1,058
Amortization of negative VOBA	—			—			—			—			—			(94		)	(9		)	—			(103		)	(12		)	(115		)
Interest expense on debt	—			—			2			—			2			—			—			292			294			18			312
Other expenses	1,142			628			120			402			2,292			990			456			213			3,951			3			3,954
Total expenses	4,299			4,451			1,291			1,094			11,135			2,524			730			531			14,920			339			15,259
Provision for income tax expense (benefit)	319			100			190			34			643			147			27			(213		)	604			(120		)	484
Operating earnings	$	612		$	188		$	355		$	183		$	1,338		$	328		$	88		$	(162	)	1,592
Adjustments to:
Total revenues																									(31		)
Total expenses																									(339		)
Provision for income tax (expense) benefit																									120
Income (loss) from continuing operations, net of income tax																									$	1,342					$	1,342

The following table presents total assets with respect to the Company’s segments, as well as Corporate & Other, at:

	March 31, 2014		December 31, 2013
	(In millions)
Retail	$	354,461	$	349,516
Group, Voluntary & Worksite Benefits	44,346		43,404
Corporate Benefit Funding	223,163		220,612
Latin America	71,778		69,874
Asia	121,088		119,717
EMEA	30,522		33,382
Corporate & Other	45,545		48,791
Total	$	890,903	$	885,296