XML 45 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Investments    
Fixed income securities $ 28,090 $ 28,756
Mortgage loans 3,644 4,173
Equity securities, at fair value (cost $1,091 and $565) 1,229 650
Limited partnership interests 1,933 2,064
Short-term, at fair value (amortized cost $762 and $590) 762 590
Policy loans 617 623
Other 1,084 1,088
Total investments 37,359 37,944
Cash 191 93
Deferred policy acquisition costs 1,285 1,331
Reinsurance recoverables 2,587 2,754
Accrued investment income 340 358
Other assets 599 256
Separate Accounts 4,521 5,039
Assets held for sale 0 15,593
Total assets 46,882 63,368
Liabilities    
Contractholder funds 22,139 23,604
Reserve for life-contingent contract benefits 11,672 11,589
Unearned premiums 5 6
Payable to affiliates, net 76 100
Other liabilities and accrued expenses 794 838
Deferred income taxes 1,341 941
Notes due to related parties 275 282
Separate Accounts 4,521 5,039
Liabilities held for sale 0 14,899
Total liabilities 40,823 57,298
Commitments and Contingent Liabilities (Note 8)      
Shareholder’s Equity    
Common stock, $227 par value, 23,800 shares authorized and outstanding 5 5
Additional capital paid-in 1,990 2,690
Retained income 2,790 2,447
Unrealized net capital gains and losses:    
Unrealized net capital gains and losses on fixed income securities with OTTI 43 31
Other unrealized net capital gains and losses 1,440 997
Unrealized adjustment to DAC, DSI and insurance reserves (211) (101)
Total unrealized net capital gains and losses 1,272 927
Unrealized foreign currency translation adjustments 2 1
Total accumulated other comprehensive income 1,274 928
Total shareholder’s equity 6,059 6,070
Total liabilities and shareholder’s equity 46,882 63,368
Series A
   
Shareholder’s Equity    
Redeemable preferred stock 0 0
Series B
   
Shareholder’s Equity    
Redeemable preferred stock $ 0 $ 0