Segment Information (Tables)

6 Months Ended

Jun. 30, 2013

Segment Information [Abstract]

Segment Reporting Information, by Segment

	Operating Earnings
	Americas
Three Months Ended June 30, 2013	Retail		Group, Voluntary  & Worksite  Benefits		Corporate  Benefit Funding		Latin   America		Total		Asia		EMEA		Corporate   & Other		Total		Adjustments		Total  Consolidated
	(In millions)
Revenues
Premiums		$    1,581		$  3,797		$      503		$      710		$      6,591		$  1,980		$      558		$      28		$  9,157	$	1		$  9,158
Universal life and investment-type product policy fees		1,238		170		65		235		1,708		442		96		35		2,281		90		2,371
Net investment income		1,987		472		1,443		281		4,183		723		120		78		5,104		178		5,282
Other revenues		257		105		67		5		434		28		34		4		500		(10)		490
Net investment gains (losses)		—		—		—		—		—		—		—		—		—		110		110
Net derivative gains (losses)		—		—		—		—		—		—		—		—		—		(1,690)		(1,690)
Total revenues		5,063		4,544		2,078		1,231		12,916		3,173		808		145		17,042		(1,321)		15,721
Expenses
Policyholder benefits and claims and policyholder dividends		2,272		3,514		1,110		601		7,497		1,433		256		18		9,204		85		9,289
Interest credited to policyholder account balances		589		39		305		103		1,036		437		37		11		1,521		325		1,846
Capitalization of DAC		(344)		(35)		(6)		(108)		(493)		(522)		(192)		(5)		(1,212)		—		(1,212)
Amortization of DAC and VOBA		396		33		6		83		518		392		195		—		1,105		(147)		958
Amortization of negative VOBA		—		—		—		—		—		(113)		(11)		—		(124)		(14)		(138)
Interest expense on debt		1		1		2		1		5		—		(1)		283		287		34		321
Other expenses		1,265		578		121		390		2,354		1,054		460		146		4,014		82		4,096
Total expenses		4,179		4,130		1,538		1,070		10,917		2,681		744		453		14,795		365		15,160
Provision for income tax expense (benefit)		303		139		190		36		668		162		(4)		(203)		623		(570)		53
Operating earnings		$581	$	275	$	350	$	125	$	1,331	$	330	$	68	$	(105)		1,624
Adjustments to:
Total revenues																		(1,321)
Total expenses																		(365)
Provision for income tax (expense) benefit																		570
Income (loss) from continuing operations, net of income tax																	$	508			$	508

	Operating Earnings
	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	$	1,576	$	3,683	$	523	$	652	$	6,434	$	2,064	$	627	$	14	$	9,139	$	22	$	9,161
Universal life and investment-type product policy fees		1,119		165		57		196		1,537		352		71		39		1,999		98		2,097
Net investment income		1,894		439		1,431		283		4,047		760		127		238		5,172		(453)		4,719
Other revenues		217		112		65		3		397		(3)		27		5		426		(33)		393
Net investment gains (losses)		—		—		—		—		—		—		—		—		—		(64)		(64)
Net derivative gains (losses)		—		—		—		—		—		—		—		—		—		2,092		2,092
Total revenues		4,806		4,399		2,076		1,134		12,415		3,173		852		296		16,736		1,662		18,398
Expenses
Policyholder benefits and claims and policyholder dividends		2,212		3,391		1,131		568		7,302		1,435		343		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		(446)		(33)		(8)		(71)		(558)		(555)		(200)		—		(1,313)		(2)		(1,315)
Amortization of DAC and VOBA		477		28		4		54		563		419		180		—		1,162		317		1,479
Amortization of negative VOBA		—		—		—		(1)		(1)		(128)		(35)		—		(164)		(17)		(181)
Interest expense on debt		—		—		2		—		2		4		1		290		297		45		342
Other expenses		1,355		570		120		323		2,368		1,153		422		108		4,051		399		4,450
Total expenses		4,188		3,999		1,587		963		10,737		2,754		737		462		14,690		370		15,060
Provision for income tax expense (benefit)		210		133		171		36		550		140		37		(144)		583		455		1,038
Operating earnings	$	408	$	267	$	318	$	135	$	1,128	$	279	$	78	$	(22)		1,463
Adjustments to:
Total revenues																		1,662
Total expenses																		(370)
Provision for income tax (expense) benefit																		(455)
Income (loss) from continuing operations, net of income tax																	$	2,300			$	2,300

	Operating Earnings
	Americas
Six Months Ended June 30, 2013	Retail		Group, Voluntary  & Worksite  Benefits		Corporate  Benefit Funding		Latin   America		Total		Asia		EMEA		Corporate   & Other		Total		Adjustments		Total  Consolidated
	(In millions)
Revenues
Premiums	$	3,128	$	7,671	$	967	$	1,385	$	13,151	$	3,978	$	1,125	$	54	$	18,308	$	1	$	18,309
Universal life and investment-type product policy fees		2,405		350		133		460		3,348		886		187		71		4,492		170		4,662
Net investment income		3,948		925		2,878		558		8,309		1,455		248		224		10,236		1,123		11,359
Other revenues		500		213		140		9		862		41		61		17		981		(11)		970
Net investment gains (losses)		—		—		—		—		—		—		—		—		—		424		424
Net derivative gains (losses)		—		—		—		—		—		—		—		—		—		(2,320)		(2,320)
Total revenues		9,981		9,159		4,118		2,412		25,670		6,360		1,621		366		34,017		(613)		33,404
Expenses
Policyholder benefits and claims and policyholder dividends		4,425		7,154		2,208		1,155		14,942		2,848		493		27		18,310		687		18,997
Interest credited to policyholder account balances		1,168		78		648		207		2,101		879		72		23		3,075		1,361		4,436
Capitalization of DAC		(718)		(68)		(23)		(213)		(1,022)		(1,068)		(369)		(9)		(2,468)		—		(2,468)
Amortization of DAC and VOBA		727		67		17		157		968		793		360		—		2,121		(339)		1,782
Amortization of negative VOBA		—		—		—		(1)		(1)		(226)		(28)		—		(255)		(29)		(284)
Interest expense on debt		1		1		4		—		6		—		—		569		575		67		642
Other expenses		2,543		1,166		264		762		4,735		2,148		908		310		8,101		390		8,491
Total expenses		8,146		8,398		3,118		2,067		21,729		5,374		1,436		920		29,459		2,137		31,596
Provision for income tax expense (benefit)		628		256		351		77		1,312		323		30		(396)		1,269		(964)		305
Operating earnings	$	1,207	$	505	$	649	$	268	$	2,629	$	663	$	155	$	(158)		3,289
Adjustments to:
Total revenues																		(613)
Total expenses																		(2,137)
Provision for income tax (expense) benefit																		964
Income (loss) from continuing operations, net of income tax																	$	1,503			$	1,503

	Operating Earnings
	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	$	3,200	$	7,268	$	1,030	$	1,338	$	12,836	$	4,103	$	1,279	$	28	$	18,246	$	44	$	18,290
Universal life and investment-type product policy fees		2,233		331		108		392		3,064		714		151		79		4,008		167		4,175
Net investment income		3,805		875		2,832		582		8,094		1,441		284		430		10,249		670		10,919
Other revenues		426		220		129		8		783		13		63		19		878		112		990
Net investment gains (losses)		—		—		—		—		—		—		—		—		—		(174)		(174)
Net derivative gains (losses)		—		—		—		—		—		—		—		—		—		114		114
Total revenues		9,664		8,694		4,099		2,320		24,777		6,271		1,777		556		33,381		933		34,314
Expenses
Policyholder benefits and claims and policyholder dividends		4,440		6,704		2,223		1,160		14,527		2,795		686		63		18,071		639		18,710
Interest credited to policyholder account balances		1,186		85		677		190		2,138		855		59		12		3,064		515		3,579
Capitalization of DAC		(922)		(64)		(15)		(155)		(1,156)		(1,142)		(377)		—		(2,675)		(4)		(2,679)
Amortization of DAC and VOBA		881		58		14		109		1,062		792		326		—		2,180		13		2,193
Amortization of negative VOBA		—		—		—		(3)		(3)		(259)		(39)		—		(301)		(35)		(336)
Interest expense on debt		—		—		4		1		5		5		1		601		612		88		700
Other expenses		2,752		1,145		248		649		4,794		2,344		893		263		8,294		924		9,218
Total expenses		8,337		7,928		3,151		1,951		21,367		5,390		1,549		939		29,245		2,140		31,385
Provision for income tax expense (benefit)		450		256		332		86		1,124		301		78		(324)		1,179		(416)		763
Operating earnings	$	877	$	510	$	616	$	283	$	2,286	$	580	$	150	$	(59)		2,957
Adjustments to:
Total revenues																		933
Total expenses																		(2,140)
Provision for income tax (expense) benefit																		416
Income (loss) from continuing operations, net of income tax																	$	2,166			$	2,166

	June 30, 2013		December 31, 2012
	(In millions)
Retail	$	336,021	$	332,387
Group, Voluntary & Worksite Benefits		43,441		44,138
Corporate Benefit Funding		219,978		217,352
Latin America		23,300		23,272
Asia		118,197		131,138
EMEA		23,293		23,474
Corporate & Other		51,432		65,020
Total	$	815,662	$	836,781