Segment Information (Tables)

12 Months Ended

Dec. 31, 2012

Segment Information [Abstract]

Segment Reporting Information, by Segment

	Operating Earnings
	Americas
Year Ended December 31, 2012	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Total			Asia			EMEA			Corporate & Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	6,532		$	14,794		$	3,237		$	2,578		$	27,141		$	8,344		$	2,370		$	56		$	37,911		$	64		$	37,975
Universal life and investment-type product policy fees		4,561			662			225			785			6,233			1,491			333			155			8,212			344			8,556
Net investment income		7,670			1,768			5,703			1,198			16,339			2,895			535			703			20,472			1,512			21,984
Other revenues		879			422			259			16			1,576			26			121			33			1,756			150			1,906
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(352	)		(352	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			(1,919	)		(1,919	)
Total revenues		19,642			17,646			9,424			4,577			51,289			12,756			3,359			947			68,351			(201	)		68,150
Expenses
Policyholder benefits and claims and policyholder dividends		9,010			13,691			5,704			2,231			30,636			5,819			1,196			119			37,770			1,586			39,356
Interest credited to policyholder account balances		2,375			167			1,358			393			4,293			1,784			126			39			6,242			1,487			7,729
Goodwill impairment		—			—			—			—			—			—			—			—			—			1,868			1,868
Capitalization of DAC		(1,753	)		(138	)		(29	)		(353	)		(2,273	)		(2,288	)		(723	)		—			(5,284	)		(5	)		(5,289	)
Amortization of DAC and VOBA		1,607			133			22			224			1,986			1,563			626			2			4,177			22			4,199
Amortization of negative VOBA		—			—			—			(5	)		(5	)		(456	)		(94	)		—			(555	)		(67	)		(622	)
Interest expense on debt		—			1			8			(1	)		8			5			1			1,176			1,190			166			1,356
Other expenses		5,369			2,351			478			1,375			9,573			4,738			1,810			559			16,680			1,431			18,111
Total expenses		16,608			16,205			7,541			3,864			44,218			11,165			2,942			1,895			60,220			6,488			66,708
Provision for income tax expense (benefit)		1,032			481			659			130			2,302			554			146			(679	)		2,323			(2,195	)		128
Operating earnings	$	2,002		$	960		$	1,224		$	583		$	4,769		$	1,037		$	271		$	(269	)		5,808
Adjustments to:
Total revenues																										(201	)
Total expenses																										(6,488	)
Provision for income tax (expense) benefit																										2,195
Income (loss) from continuing operations, net of income tax																									$	1,314					$	1,314
At December 31, 2012	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Asia (1)			EMEA			Corporate & Other			Total
	(In millions)
Total assets	$	332,387		$	44,138		$	217,352		$	23,272		$	131,138		$	23,474		$	65,020		$	836,781
Separate account assets	$	150,513		$	532		$	71,875		$	4,200		$	8,273		$	—		$	—		$	235,393
Separate account liabilities	$	150,513		$	532		$	71,875		$	4,200		$	8,273		$	—		$	—		$	235,393

(1) Total assets includes $111.0 billion of assets from the Japan operations which represents 13% of total consolidated assets.

	Operating Earnings
	Americas
Year Ended December 31, 2011	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Total			Asia			EMEA			Corporate & Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	6,711		$	13,949		$	2,848		$	2,514		$	26,022		$	7,716		$	2,477		$	54		$	36,269		$	92		$	36,361
Universal life and investment-type product policy fees		4,096			630			232			757			5,715			1,343			315			155			7,528			278			7,806
Net investment income		7,414			1,768			5,506			1,025			15,713			2,475			562			888			19,638			(53	)		19,585
Other revenues		779			390			249			15			1,433			36			123			60			1,652			880			2,532
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(867	)		(867	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			4,824			4,824
Total revenues		19,000			16,737			8,835			4,311			48,883			11,570			3,477			1,157			65,087			5,154			70,241
Expenses
Policyholder benefits and claims and policyholder dividends		9,220			13,015			5,287			2,064			29,586			5,239			1,290			126			36,241			676			36,917
Interest credited to policyholder account balances		2,412			178			1,323			371			4,284			1,607			166			—			6,057			(454	)		5,603
Goodwill impairment		—			—			—			—			—			—			—			—			—			—			—
Capitalization of DAC		(2,339	)		(176	)		(25	)		(295	)		(2,835	)		(2,045	)		(669	)		—			(5,549	)		(9	)		(5,558	)
Amortization of DAC and VOBA		1,845			186			17			207			2,255			1,486			613			1			4,355			543			4,898
Amortization of negative VOBA		—			—			—			(6	)		(6	)		(560	)		(53	)		—			(619	)		(78	)		(697	)
Interest expense on debt		1			—			9			1			11			—			—			1,293			1,304			325			1,629
Other expenses		5,854			2,198			513			1,305			9,870			4,522			1,723			505			16,620			1,645			18,265
Total expenses		16,993			15,401			7,124			3,647			43,165			10,249			3,070			1,925			58,409			2,648			61,057
Provision for income tax expense (benefit)		672			445			599			150			1,866			441			156			(584	)		1,879			914			2,793
Operating earnings	$	1,335		$	891		$	1,112		$	514		$	3,852		$	880		$	251		$	(184	)		4,799
Adjustments to:
Total revenues																										5,154
Total expenses																										(2,648	)
Provision for income tax (expense) benefit																										(914	)
Income (loss) from continuing operations, net of income tax																									$	6,391					$	6,391
At December 31, 2011	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Asia (1)			EMEA			Corporate & Other			Total
	(In millions)
Total assets	$	301,591		$	45,197		$	195,217		$	20,315		$	115,806		$	30,040		$	88,060		$	796,226
Separate account assets	$	128,208		$	479		$	64,851		$	2,880		$	6,599		$	6		$	—		$	203,023
Separate account liabilities	$	128,208		$	479		$	64,851		$	2,880		$	6,599		$	6		$	—		$	203,023

(1) Total assets includes $103.9 billion of assets from the Japan operations which represents 13% of total consolidated assets.

	Operating Earnings
	Americas
Year Ended December 31, 2010	Retail			Group, Voluntary & Worksite Benefits			Corporate Benefit Funding			Latin America			Total			Asia			EMEA			Corporate & Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	6,491		$	14,100		$	2,345		$	1,969		$	24,905		$	1,716		$	439		$	11		$	27,071		$	—		$	27,071
Universal life and investment-type product policy fees		3,655			616			226			630			5,127			502			50			138			5,817			211			6,028
Net investment income		7,644			1,702			5,280			927			15,553			497			155			650			16,855			638			17,493
Other revenues		633			369			247			12			1,261			14			9			109			1,393			935			2,328
Net investment gains (losses)		—			—			—			—			—			—			—			—			—			(408	)		(408	)
Net derivative gains (losses)		—			—			—			—			—			—			—			—			—			(265	)		(265	)
Total revenues		18,423			16,787			8,098			3,538			46,846			2,729			653			908			51,136			1,111			52,247
Expenses
Policyholder benefits and claims and policyholder dividends		8,835			13,112			4,677			1,829			28,453			1,351			137			33			29,974			698			30,672
Interest credited to policyholder account balances		2,381			192			1,447			370			4,390			183			124			—			4,697			222			4,919
Goodwill impairment		—			—			—			—			—			—			—			—			—			—			—
Capitalization of DAC		(1,769	)		(187	)		(18	)		(221	)		(2,195	)		(459	)		(116	)		—			(2,770	)		—			(2,770	)
Amortization of DAC and VOBA		1,724			181			16			144			2,065			290			87			1			2,443			34			2,477
Amortization of negative VOBA		—			—			—			(1	)		(1	)		(49	)		(7	)		—			(57	)		(7	)		(64	)
Interest expense on debt		2			—			8			1			11			1			1			1,124			1,137			413			1,550
Other expenses		5,059			2,193			494			901			8,647			1,142			434			379			10,602			1,132			11,734
Total expenses		16,232			15,491			6,624			3,023			41,370			2,459			660			1,537			46,026			2,492			48,518
Provision for income tax expense (benefit)		735			427			516			92			1,770			46			—			(402	)		1,414			(304	)		1,110
Operating earnings	$	1,456		$	869		$	958		$	423		$	3,706		$	224		$	(7	)	$	(227	)		3,696
Adjustments to:
Total revenues																										1,111
Total expenses																										(2,492	)
Provision for income tax (expense) benefit																										304
Income (loss) from continuing operations, net of income tax																									$	2,619					$	2,619

Premiums, Universal Life and Investment-Type Policy Fees and Other Revenue by Product Groups for Reportable Segment

	Years Ended December 31,
	2012		2011		2010
	(In millions)
Life insurance (1)	$	31,723	$	30,486	$	23,978
Accident and health insurance		13,255		12,269		7,480
Property and casualty insurance		3,117		3,043		2,956
Non-insurance		342		901		1,013
Total	$	48,437	$	46,699	$	35,427

(1) Includes annuities and corporate benefit funding products.

Total premiums, universal life & investment-type product policy fees and other revenues associated with the Company's U.S. and foreign operations

	Years Ended December 31,
	2012		2011		2010
	(In millions)
U.S.	$	31,500	$	30,108	$	29,387
Foreign:
Japan		7,833		7,184		568
Other		9,104		9,407		5,472
Total	$	48,437	$	46,699	$	35,427