CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues
Premiums	$ 149	$ 150
Contract charges	182	195
Net investment income	400	471
Realized capital gains and losses:
Total other-than-temporary impairment (“OTTI”) losses	(35)	(10)
OTTI losses reclassified to (from) other comprehensive income	8	0
Net OTTI losses recognized in earnings	(27)	(10)
Sales and other realized capital gains and losses	(19)	121
Total realized capital gains and losses	(46)	111
Total revenues	685	927
Costs and expenses
Contract benefits	338	358
Interest credited to contractholder funds	178	191
Amortization of deferred policy acquisition costs	37	40
Operating costs and expenses	56	80
Interest expense	4	4
Total costs and expenses	613	673
Gain (loss) on disposition of operations	2	(2)
Income from operations before income tax expense	74	252
Income tax expense	22	99
Net income	52	153
Other comprehensive income, after-tax
Change in unrealized net capital gains and losses	241	71
Change in unrealized foreign currency translation adjustments	(2)	(2)
Other comprehensive income, after-tax	239	69
Comprehensive income	$ 291	$ 222