CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues
Premiums	$ 147	$ 148	$ 296	$ 298
Contract charges	180	182	362	377
Net investment income	416	473	816	944
Realized capital gains and losses:
Total other-than-temporary impairment (“OTTI”) losses	(21)	(12)	(56)	(22)
OTTI losses reclassified to (from) other comprehensive income	(1)	3	7	3
Net OTTI losses recognized in earnings	(22)	(9)	(49)	(19)
Sales and other realized capital gains and losses	21	68	2	189
Total realized capital gains and losses	(1)	59	(47)	170
Total revenues	742	862	1,427	1,789
Costs and expenses
Contract benefits	341	346	679	704
Interest credited to contractholder funds	172	174	350	365
Amortization of deferred policy acquisition costs	37	38	74	78
Operating costs and expenses	52	75	108	155
Restructuring and related charges	1	2	1	2
Interest expense	3	4	7	8
Total costs and expenses	606	639	1,219	1,312
Gain on disposition of operations	1	2	3	0
Income from operations before income tax expense	137	225	211	477
Income tax expense	43	75	65	174
Net income	94	150	146	303
Other comprehensive income (loss), after-tax
Change in unrealized net capital gains and losses	233	(466)	474	(395)
Change in unrealized foreign currency translation adjustments	6	(5)	4	(7)
Other comprehensive income (loss), after-tax	239	(471)	478	(402)
Comprehensive income (loss)	$ 333	$ (321)	$ 624	$ (99)