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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Premiums $ 147 $ 145 $ 442 $ 443
Contract charges 264 261 788 772
Net investment income 621 621 1,861 1,944
Realized capital gains and losses:        
Total other-than-temporary impairment losses (25) (9) (41) (51)
Portion of loss recognized in other comprehensive income 8 (4) (2) (4)
Net other-than-temporary impairment losses recognized in earnings (17) (13) (43) (55)
Sales and other realized capital gains and losses 1 (44) 104 (17)
Total realized capital gains and losses (16) (57) 61 (72)
Total revenues 1,016 970 3,152 3,087
Costs and expenses        
Contract benefits 422 376 1,199 1,128
Interest credited to contractholder funds 310 208 953 939
Amortization of deferred policy acquisition costs 73 128 177 268
Operating costs and expenses 102 111 333 332
Restructuring and related charges 4   6  
Interest expense 4 12 19 34
Total costs and expenses 915 835 2,687 2,701
(Loss) gain on disposition of operations (646) 9 (643) 15
(Loss) income from operations before income tax (benefit) expense (545) 144 (178) 401
Income tax (benefit) expense (151) 41 (43) 117
Net (loss) income (394) 103 (135) 284
Other comprehensive (loss) income, after-tax        
Change in unrealized net capital gains and losses (45) 419 (581) 807
Change in unrealized foreign currency translation adjustments   (3)   (1)
Other comprehensive (loss) income, after-tax (45) 416 (581) 806
Comprehensive (loss) income $ (439) $ 519 $ (716) $ 1,090