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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Premiums $ 150 $ 152 $ 295 $ 298
Contract charges 260 256 524 511
Net investment income 619 650 1,240 1,323
Realized capital gains and losses:        
Total other-than-temporary impairment losses (15) (9) (16) (42)
Portion of loss recognized in other comprehensive income (2) 3 (10)  
Net other-than-temporary impairment losses recognized in earnings (17) (6) (26) (42)
Sales and other realized capital gains and losses 75 13 103 27
Total realized capital gains and losses 58 7 77 (15)
Total revenues 1,087 1,065 2,136 2,117
Costs and expenses        
Contract benefits 396 388 777 752
Interest credited to contractholder funds 304 360 643 731
Amortization of deferred policy acquisition costs 51 59 104 140
Operating costs and expenses 114 109 231 221
Restructuring and related charges     2  
Interest expense 7 11 15 22
Total costs and expenses 872 927 1,772 1,866
Gain on disposition of operations 1 3 3 6
Income from operations before income tax expense 216 141 367 257
Income tax expense 66 43 108 76
Net income 150 98 259 181
Other comprehensive (loss) income, after-tax        
Change in unrealized net capital gains and losses (562) 160 (536) 388
Change in unrealized foreign currency translation adjustments (1) 3   2
Other comprehensive (loss) income, after-tax (563) 163 (536) 390
Comprehensive (loss) income $ (413) $ 261 $ (277) $ 571