CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues
Premiums (net of reinsurance ceded of $216, $367 and $402)	$ 589	$ 613	$ 593
Contract charges (net of reinsurance ceded of $176, $251 and $252)	847	1,054	1,029
Net investment income	2,081	2,485	2,597
Realized capital gains and losses:
Total other-than-temporary impairment (“OTTI”) losses	(54)	(49)	(60)
OTTI losses reclassified to (from) other comprehensive income	(1)	(3)	(8)
Net OTTI losses recognized in earnings	(55)	(52)	(68)
Sales and other realized capital gains and losses	198	128	52
Total realized capital gains and losses	143	76	(16)
Total revenues	3,660	4,228	4,203
Costs and expenses
Contract benefits (net of reinsurance ceded of $329, $331 and $644)	1,452	1,606	1,521
Interest credited to contractholder funds (net of reinsurance ceded of $27, $27 and $28)	891	1,251	1,289
Amortization of deferred policy acquisition costs	162	240	324
Operating costs and expenses	310	434	437
Restructuring and related charges	2	6	0
Interest expense	16	23	45
Total costs and expenses	2,833	3,560	3,616
(Loss) gain on disposition of operations	(68)	(687)	18
Income (loss) from operations before income tax expense	759	(19)	605
Income tax expense	233	19	179
Net income (loss)	526	(38)	426
Other comprehensive income (loss), after-tax
Change in unrealized net capital gains and losses	455	(707)	821
Change in unrealized foreign currency translation adjustments	(4)	2	0
Other comprehensive income (loss), after-tax	451	(705)	821
Comprehensive income (loss)	$ 977	$ (743)	$ 1,247