Segment Information (Tables)

6 Months Ended

Jun. 30, 2012

Segment Information [Abstract]

Segment Reporting Information, by Segment

	Operating Earnings
	The Americas
Three Months Ended June 30, 2012	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Total			Asia			EMEA			Corporate &  Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	1,081		$	4,178		$	523		$	652		$	6,434		$	2,011		$	680		$	14		$	9,139		$	22		$	9,161
Universal life and investment-type product policy fees		1,119			165			57			196			1,537			315			108			39			1,999			98			2,097
Net investment income		1,839			494			1,431			283			4,047			730			157			253			5,187			(468	)		4,719
Other revenues		213			116			65			3			397			(3	)		27			43			464			(71	)		393
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(64	)		(64	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			2,092			2,092
Total revenues		4,252			4,953			2,076			1,134			12,415			3,053			972			349			16,789			1,609			18,398
Expenses
Policyholder benefits and claims and policyholder dividends		1,837			3,766			1,131			568			7,302			1,374			404			52			9,132			131			9,263
Interest credited to policyholder account balances		590			43			338			90			1,061			426			26			12			1,525			(503	)		1,022
Capitalization of DAC		(367	)		(112	)		(8	)		(71	)		(558	)		(538	)		(217	)		—			(1,313	)		(2	)		(1,315	)
Amortization of DAC and VOBA		407			98			4			54			563			404			195			—			1,162			317			1,479
Amortization of negative VOBA		—			—			—			(1	)		(1	)		(127	)		(36	)		—			(164	)		(17	)		(181	)
Interest expense on debt		—			—			2			—			2			4			1			292			299			43			342
Other expenses		1,201			724			120			323			2,368			1,097			478			170			4,113			337			4,450
Total expenses		3,668			4,519			1,587			963			10,737			2,640			851			526			14,754			306			15,060
Provision for income tax expense (benefit)		204			139			171			36			550			138			39			(149	)		578			460			1,038
Operating earnings	$	380		$	295		$	318		$	135		$	1,128		$	275		$	82		$	(28	)		1,457
Adjustments to:
Total revenues																										1,609
Total expenses																										(306	)
Provision for income tax (expense) benefit																										(460	)
Income (loss) from continuing operations, net of income tax																									$	2,300					$	2,300

	Operating Earnings
	The Americas
Three Months Ended June 30, 2011	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Total			Asia			EMEA			Corporate &  Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	1,135		$	4,028		$	874		$	647		$	6,684		$	1,884		$	689		$	13		$	9,270		$	24		$	9,294
Universal life and investment-type product policy fees		1,032			155			58			194			1,439			296			135			38			1,908			61			1,969
Net investment income		1,827			505			1,408			272			4,012			596			178			225			5,011			83			5,094
Other revenues		187			99			61			2			349			8			29			72			458			134			592
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(155	)		(155	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			352			352
Total revenues		4,181			4,787			2,401			1,115			12,484			2,784			1,031			348			16,647			499			17,146
Expenses
Policyholder benefits and claims and policyholder dividends		1,876			3,725			1,446			534			7,581			1,272			395			24			9,272			223			9,495
Interest credited to policyholder account balances		595			45			331			94			1,065			398			45			—			1,508			(66	)		1,442
Capitalization of DAC		(499	)		(123	)		(5	)		(78	)		(705	)		(467	)		(193	)		—			(1,365	)		(2	)		(1,367	)
Amortization of DAC and VOBA		368			119			5			62			554			401			181			—			1,136			118			1,254
Amortization of negative VOBA		—			—			—			(2	)		(2	)		(141	)		(20	)		—			(163	)		(20	)		(183	)
Interest expense on debt		—			—			3			1			4			(1	)		—			325			328			92			420
Other expenses		1,324			692			122			339			2,477			1,063			514			118			4,172			403			4,575
Total expenses		3,664			4,458			1,902			950			10,974			2,525			922			467			14,888			748			15,636
Provision for income tax expense (benefit)		184			101			174			36			495			88			45			(107	)		521			(73	)		448
Operating earnings	$	333		$	228		$	325		$	129		$	1,015		$	171		$	64		$	(12	)		1,238
Adjustments to:
Total revenues																										499
Total expenses																										(748	)
Provision for income tax (expense) benefit																										73
Income (loss) from continuing operations, net of income tax																									$	1,062					$	1,062

	Operating Earnings
	The Americas
Six Months Ended June 30, 2012	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Total			Asia			EMEA			Corporate &  Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	2,217		$	8,251		$	1,030		$	1,338		$	12,836		$	3,958		$	1,424		$	28		$	18,246		$	44		$	18,290
Universal life and investment-type product policy fees		2,233			331			108			392			3,064			638			227			79			4,008			167			4,175
Net investment income		3,695			985			2,832			582			8,094			1,383			342			453			10,272			647			10,919
Other revenues		418			228			129			8			783			13			63			94			953			37			990
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(174	)		(174	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			114			114
Total revenues		8,563			9,795			4,099			2,320			24,777			5,992			2,056			654			33,479			835			34,314
Expenses
Policyholder benefits and claims and policyholder dividends		3,739			7,405			2,223			1,160			14,527			2,643			838			63			18,071			639			18,710
Interest credited to policyholder account balances		1,186			85			677			190			2,138			853			61			12			3,064			515			3,579
Capitalization of DAC		(772	)		(214	)		(15	)		(155	)		(1,156	)		(1,099	)		(420	)		—			(2,675	)		(4	)		(2,679	)
Amortization of DAC and VOBA		740			199			14			109			1,062			759			359			—			2,180			13			2,193
Amortization of negative VOBA		—			—			—			(3	)		(3	)		(257	)		(41	)		—			(301	)		(35	)		(336	)
Interest expense on debt		—			—			4			1			5			5			1			601			612			88			700
Other expenses		2,457			1,440			248			649			4,794			2,219			1,018			373			8,404			814			9,218
Total expenses		7,350			8,915			3,151			1,951			21,367			5,123			1,816			1,049			29,355			2,030			31,385
Provision for income tax expense (benefit)		425			281			332			86			1,124			297			82			(329	)		1,174			(411	)		763
Operating earnings	$	788		$	599		$	616		$	283		$	2,286		$	572		$	158		$	(66	)		2,950
Adjustments to:
Total revenues																										835
Total expenses																										(2,030	)
Provision for income tax (expense) benefit																										411
Income (loss) from continuing operations, net of income tax																									$	2,166					$	2,166

	Operating Earnings
	The Americas
Six Months Ended June 30, 2011	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Total			Asia			EMEA			Corporate &  Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	2,160		$	8,004		$	1,297		$	1,241		$	12,702		$	3,687		$	1,386		$	27		$	17,802		$	46		$	17,848
Universal life and investment-type product policy fees		2,023			314			112			383			2,832			593			239			76			3,740			118			3,858
Net investment income		3,635			990			2,794			438			7,857			1,109			351			477			9,794			612			10,406
Other revenues		369			200			121			6			696			20			55			155			926			232			1,158
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(254	)		(254	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			37			37
Total revenues		8,187			9,508			4,324			2,068			24,087			5,409			2,031			735			32,262			791			33,053
Expenses
Policyholder benefits and claims and policyholder dividends		3,655			7,319			2,466			958			14,398			2,470			803			40			17,711			393			18,104
Interest credited to policyholder account balances		1,186			88			666			185			2,125			778			84			—			2,987			379			3,366
Capitalization of DAC		(920	)		(245	)		(17	)		(153	)		(1,335	)		(918	)		(374	)		—			(2,627	)		(4	)		(2,631	)
Amortization of DAC and VOBA		706			233			10			109			1,058			730			345			—			2,133			60			2,193
Amortization of negative VOBA		—			—			—			(4	)		(4	)		(287	)		(35	)		—			(326	)		(40	)		(366	)
Interest expense on debt		—			—			5			1			6			—			1			644			651			184			835
Other expenses		2,521			1,384			248			648			4,801			2,053			972			236			8,062			696			8,758
Total expenses		7,148			8,779			3,378			1,744			21,049			4,826			1,796			920			28,591			1,668			30,259
Provision for income tax expense (benefit)		365			228			332			74			999			188			92			(194	)		1,085			(277	)		808
Operating earnings	$	674		$	501		$	614		$	250		$	2,039		$	395		$	143		$	9			2,586
Adjustments to:
Total revenues																										791
Total expenses																										(1,668	)
Provision for income tax (expense) benefit																										277
Income (loss) from continuing operations, net of income tax																									$	1,986					$	1,986

	June 30, 2012		December 31, 2011
	(In millions)
Retail	$	310,874	$	295,012
Group, Voluntary & Worksite Benefits		52,459		51,776
Corporate Benefit Funding		211,619		195,217
Latin America		23,426		20,315
Asia		118,073		112,955
EMEA		33,615		32,891
Corporate & Other		75,122		88,060
Total	$	825,188	$	796,226