CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues
Premiums	$ 169	$ 149
Contract charges	179	182
Net investment income	404	400
Realized capital gains and losses:
Total other-than-temporary impairment (“OTTI”) losses	(28)	(35)
OTTI losses reclassified to (from) other comprehensive income	4	8
Net OTTI losses recognized in earnings	(24)	(27)
Sales and other realized capital gains and losses	23	(19)
Total realized capital gains and losses	(1)	(46)
Total revenues	751	685
Costs and expenses
Contract benefits	354	338
Interest credited to contractholder funds	161	178
Amortization of deferred policy acquisition costs	41	37
Operating costs and expenses	69	56
Interest expense	1	4
Total costs and expenses	626	613
Gain on disposition of operations	2	2
Income from operations before income tax expense	127	74
Income tax expense	41	22
Net income	86	52
Other comprehensive income, after-tax
Change in unrealized net capital gains and losses	65	241
Change in unrealized foreign currency translation adjustments	(3)	(2)
Other comprehensive income, after-tax	62	239
Comprehensive income	$ 148	$ 291