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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Consolidated Statements of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 7,314 $ 12,102
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 64,674 51,495
Sales, maturities and repayments of equity securities 449 789
Sales, maturities and repayments of mortgage loans 5,033 4,625
Sales, maturities and repayments of real estate and real estate joint ventures 271 544
Sales, maturities and repayments of other limited partnership interests 510 453
Purchases of fixed maturity securities (65,745) (61,507)
Purchases of equity securities (644) (393)
Purchases of mortgage loans (4,826) (4,877)
Purchases of real estate and real estate joint ventures (721) (279)
Purchases of other limited partnership interests (926) (586)
Cash received in connection with freestanding derivatives 777 1,011
Cash paid in connection with freestanding derivatives (4,300) (1,549)
Net change in securitized reverse residential mortgage loans 0 (1,116)
Sales of businesses 373 [1] 0 [1]
Sale of bank deposits (6,395) 0
Net change in policy loans (111) (46)
Net change in short-term investments 3,880 (1,037)
Net change in other invested assets (174) (225)
Other, net 22 (79)
Net cash provided by (used in) investing activities (7,853) (12,777)
Cash flows from financing activities    
Policyholder account balances: Deposits 41,507 49,224
Policyholder account balances: Withdrawals (45,852) (44,889)
Net change in payables for collateral under securities loaned and other transactions (440) 6,586
Net change in bank deposits 8 (3,717)
Net change in short-term debt 0 (585)
Long-term debt repaid (356) (1,022)
Collateral financing arrangements repaid 0 (349)
Cash received (paid) in connection with collateral financing arrangements 0 (44)
Net change in liability for securitized reverse residential mortgage loans 0 1,116
Dividends on preferred stock (61) (61)
Dividends on common stock (505) 0
Other, net (91) 32
Net cash provided by (used in) financing activities (5,790) 6,291
Effect of change in foreign currency exchange rates on cash and cash equivalents balances (225) (42)
Change in cash and cash equivalents (6,554) 5,574
Cash and cash equivalents, beginning of period 15,738 10,461
Cash and cash equivalents, end of period 9,184 16,035
Supplemental disclosures of cash flow information:    
Net cash paid (received) for Interest 618 494
Net cash paid (received) for Income tax 444 302
Non-cash transactions:    
Real estate and real estate joint ventures acquired in satisfaction of debt 55 221
Collateral financing arrangements repaid 0 102
Redemption of Advances Agreements in Long-Term Debt 0 3,806
Issuance of funding agreements in policyholder account balances 0 3,806
Dividends on common stock declared and unpaid $ 303 $ 0
[1] See Note 3 of the Notes to the Consolidated Financial Statements included in the 2012 Annual Report.