XML 52 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
Closed Block (Liabilities and Assets) (Details) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Closed Block Liabilities      
Future policy benefits $ 40,654 $ 40,834  
Other policy-related balances 223 257  
Policyholder dividends payable 470 443  
Policyholder dividend obligation 1,983 1,931 $ 1,783
Current income tax payable 11 4  
Other liabilities 245 196  
Total closed block liabilities 43,586 43,665  
Assets Designated to the Closed Block      
Fixed maturity securities available-for-sale, at estimated fair value 27,554 27,220  
Equity securities available-for-sale, at estimated fair value 102 100  
Mortgage loans 5,857 5,935  
Policy loans 4,550 4,553  
Real estate and real estate joint ventures 654 655  
Other invested assets 904 1,246  
Total investments 39,621 39,709  
Cash and cash equivalents 46 18  
Accrued investment income 483 467  
Premiums, reinsurance and other receivables 62 68  
Deferred income tax assets 171 177  
Total assets designated to the closed block 40,383 40,439  
Excess of closed block liabilities over assets designated to the closed block 3,203 3,226  
Amounts included in accumulated other comprehensive income (loss) (“AOCI”):      
Unrealized investment gains (losses), net of income tax 1,582 1,517  
Unrealized gains (losses) on derivatives, net of income tax 85 95  
Allocated to policyholder dividend obligation, net of income tax (1,289) (1,255)  
Total amounts included in AOCI 378 357  
Maximum future earnings to be recognized from closed block assets and liabilities $ 3,581 $ 3,583