Segment Information (Tables)

9 Months Ended

Sep. 30, 2012

Segment Information [Abstract]

Segment Reporting Information, by Segment

	Operating Earnings
	The Americas
Three Months Ended September 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	$	1,604		$	3,753		$	450		$	610		$	6,417		$	2,112		$	536		$	15		$	9,080		$	16		$	9,096
Universal life and investment-type product policy fees		1,132			166			53			189			1,540			388			82			38			2,048			83			2,131
Net investment income		1,930			450			1,421			299			4,100			709			122			117			5,048			469			5,517
Other revenues		221			100			64			3			388			4			35			8			435			20			455
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			22			22
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			(718	)		(718	)
Total revenues		4,887			4,469			1,988			1,101			12,445			3,213			775			178			16,611			(108	)		16,503
Expenses
Policyholder benefits and claims and policyholder dividends		2,228			3,449			1,070			507			7,254			1,455			255			31			8,995			303			9,298
Interest credited to policyholder account balances		598			42			339			99			1,078			468			32			11			1,589			513			2,102
Goodwill impairment		—			—			—			—			—			—			—			—			—			1,868			1,868
Capitalization of DAC		(430	)		(38	)		(13	)		(83	)		(564	)		(579	)		(158	)		—			(1,301	)		(1	)		(1,302	)
Amortization of DAC and VOBA		438			40			4			42			524			396			130			1			1,051			(43	)		1,008
Amortization of negative VOBA		—			—			—			(1	)		(1	)		(128	)		(26	)		—			(155	)		(15	)		(170	)
Interest expense on debt		—			1			2			(4	)		(1	)		—			2			285			286			40			326
Other expenses		1,308			547			120			353			2,328			1,206			440			146			4,120			263			4,383
Total expenses		4,142			4,041			1,522			913			10,618			2,818			675			474			14,585			2,928			17,513
Provision for income tax expense (benefit)		253			145			163			36			597			136			38			(192	)		579			(632	)		(53	)
Operating earnings	$	492		$	283		$	303		$	152		$	1,230		$	259		$	62		$	(104	)		1,447
Adjustments to:
Total revenues																										(108	)
Total expenses																										(2,928	)
Provision for income tax (expense) benefit																										632
Income (loss) from continuing operations, net of income tax																									$	(957	)				$	(957	)

	Operating Earnings
	The Americas
Three Months Ended September 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	$	1,770		$	3,431		$	835		$	672		$	6,708		$	1,967		$	630		$	14		$	9,319		$	23		$	9,342
Universal life and investment-type product policy fees		1,027			159			69			188			1,443			357			67			39			1,906			92			1,998
Net investment income		1,842			448			1,375			289			3,954			643			151			213			4,961			(709	)		4,252
Other revenues		204			97			61			8			370			8			29			11			418			302			720
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(55	)		(55	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			4,196			4,196
Total revenues		4,843			4,135			2,340			1,157			12,475			2,975			877			277			16,604			3,849			20,453
Expenses
Policyholder benefits and claims and policyholder dividends		2,523			3,319			1,459			576			7,877			1,325			341			61			9,604			(202	)		9,402
Interest credited to policyholder account balances		617			46			327			95			1,085			414			35			—			1,534			(796	)		738
Goodwill impairment		—			—			—			—			—			—			—			—			—			—			—
Capitalization of DAC		(660	)		(47	)		(6	)		(78	)		(791	)		(576	)		(157	)		—			(1,524	)		(3	)		(1,527	)
Amortization of DAC and VOBA		521			43			4			45			613			407			142			—			1,162			556			1,718
Amortization of negative VOBA		—			—			—			—			—			(137	)		(13	)		—			(150	)		(20	)		(170	)
Interest expense on debt		—			—			2			—			2			—			—			325			327			98			425
Other expenses		1,527			547			136			333			2,543			1,213			423			153			4,332			420			4,752
Total expenses		4,528			3,908			1,922			971			11,329			2,646			771			539			15,285			53			15,338
Provision for income tax expense (benefit)		101			74			146			45			366			107			41			(190	)		324			1,349			1,673
Operating earnings	$	214		$	153		$	272		$	141		$	780		$	222		$	65		$	(72	)		995
Adjustments to:
Total revenues																										3,849
Total expenses																										(53	)
Provision for income tax (expense) benefit																										(1,349	)
Income (loss) from continuing operations, net of income tax																									$	3,442					$	3,442

	Operating Earnings
	The Americas
Nine Months Ended September 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	$	4,804		$	11,021		$	1,480		$	1,948		$	19,253		$	6,215		$	1,815		$	43		$	27,326		$	60		$	27,386
Universal life and investment-type product policy fees		3,365			497			161			581			4,604			1,102			233			117			6,056			250			6,306
Net investment income		5,735			1,325			4,253			881			12,194			2,150			406			547			15,297			1,139			16,436
Other revenues		647			320			193			11			1,171			17			98			27			1,313			132			1,445
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(152	)		(152	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			(604	)		(604	)
Total revenues		14,551			13,163			6,087			3,421			37,222			9,484			2,552			734			49,992			825			50,817
Expenses
Policyholder benefits and claims and policyholder dividends		6,668			10,153			3,293			1,667			21,781			4,250			941			94			27,066			942			28,008
Interest credited to policyholder account balances		1,784			127			1,016			289			3,216			1,323			91			23			4,653			1,028			5,681
Goodwill impairment		—			—			—			—			—			—			—			—			—			1,868			1,868
Capitalization of DAC		(1,352	)		(102	)		(28	)		(238	)		(1,720	)		(1,721	)		(535	)		—			(3,976	)		(5	)		(3,981	)
Amortization of DAC and VOBA		1,319			98			18			151			1,586			1,188			456			1			3,231			(30	)		3,201
Amortization of negative VOBA		—			—			—			(4	)		(4	)		(387	)		(65	)		—			(456	)		(50	)		(506	)
Interest expense on debt		—			1			6			(3	)		4			5			3			886			898			128			1,026
Other expenses		4,060			1,692			368			1,002			7,122			3,550			1,333			409			12,414			1,187			13,601
Total expenses		12,479			11,969			4,673			2,864			31,985			8,208			2,224			1,413			43,830			5,068			48,898
Provision for income tax expense (benefit)		703			401			495			122			1,721			437			116			(516	)		1,758			(1,048	)		710
Operating earnings	$	1,369		$	793		$	919		$	435		$	3,516		$	839		$	212		$	(163	)		4,404
Adjustments to:
Total revenues																										825
Total expenses																										(5,068	)
Provision for income tax (expense) benefit																										1,048
Income (loss) from continuing operations, net of income tax																									$	1,209					$	1,209

	Operating Earnings
	The Americas
Nine Months Ended September 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	$	4,907		$	10,458		$	2,132		$	1,913		$	19,410		$	5,774		$	1,896		$	41		$	27,121		$	69		$	27,190
Universal life and investment-type product policy fees		3,050			473			181			571			4,275			1,020			236			115			5,646			210			5,856
Net investment income		5,585			1,330			4,169			727			11,811			1,799			455			681			14,746			(88	)		14,658
Other revenues		583			287			182			14			1,066			28			84			54			1,232			646			1,878
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(309	)		(309	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			4,233			4,233
Total revenues		14,125			12,548			6,664			3,225			36,562			8,621			2,671			891			48,745			4,761			53,506
Expenses
Policyholder benefits and claims and policyholder dividends		7,013			9,803			3,925			1,534			22,275			3,931			1,008			101			27,315			191			27,506
Interest credited to policyholder account balances		1,803			134			993			280			3,210			1,193			118			—			4,521			(417	)		4,104
Goodwill impairment		—			—			—			—			—			—			—			—			—			—			—
Capitalization of DAC		(1,728	)		(144	)		(23	)		(231	)		(2,126	)		(1,530	)		(495	)		—			(4,151	)		(7	)		(4,158	)
Amortization of DAC and VOBA		1,363			140			14			154			1,671			1,163			461			—			3,295			616			3,911
Amortization of negative VOBA		—			—			—			(4	)		(4	)		(426	)		(46	)		—			(476	)		(60	)		(536	)
Interest expense on debt		—			—			7			1			8			—			1			969			978			282			1,260
Other expenses		4,340			1,639			384			981			7,344			3,371			1,290			358			12,363			1,147			13,510
Total expenses		12,791			11,572			5,300			2,715			32,378			7,702			2,337			1,428			43,845			1,752			45,597
Provision for income tax expense (benefit)		443			325			478			119			1,365			298			130			(417	)		1,376			1,105			2,481
Operating earnings	$	891		$	651		$	886		$	391		$	2,819		$	621		$	204		$	(120	)		3,524
Adjustments to:
Total revenues																										4,761
Total expenses																										(1,752	)
Provision for income tax (expense) benefit																										(1,105	)
Income (loss) from continuing operations, net of income tax																									$	5,428					$	5,428

	September 30, 2012		December 31, 2011
	(In millions)
Retail	$	325,294	$	301,591
Group, Voluntary & Worksite Benefits		44,834		45,197
Corporate Benefit Funding		222,963		195,217
Latin America		22,990		20,315
Asia		130,772		115,806
EMEA		22,927		30,040
Corporate & Other		76,505		88,060
Total	$	846,285	$	796,226