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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Premiums (net of reinsurance ceded of $367, $402 and $447) $ 613 $ 593 $ 624
Contract charges (net of reinsurance ceded of $251, $252 and $283) 1,054 1,029 1,008
Net investment income 2,485 2,597 2,637
Realized capital gains and losses:      
Total other-than-temporary impairment losses (49) (60) (279)
Portion of loss recognized in other comprehensive income (3) (8) (14)
Net other-than-temporary impairment losses recognized in earnings (52) (68) (293)
Sales and other realized capital gains and losses 128 52 683
Total realized capital gains and losses 76 (16) 390
Total revenues 4,228 4,203 4,659
Costs and expenses      
Contract benefits (net of reinsurance ceded of $331, $644 and $631) 1,606 1,521 1,502
Interest credited to contractholder funds (net of reinsurance ceded of $27, $28 and $27) 1,251 1,289 1,608
Amortization of deferred policy acquisition costs 240 324 430
Operating costs and expenses 434 437 394
Restructuring and related charges 6   1
Interest expense 23 45 45
Total costs and expenses 3,560 3,616 3,980
(Loss) gain on disposition of operations (687) 18 15
(Loss) income from operations before income tax expense (19) 605 694
Income tax expense 19 179 225
Net (loss) income (38) 426 469
Other comprehensive (loss) income, after-tax      
Change in unrealized net capital gains and losses (707) 821 275
Change in unrealized foreign currency translation adjustments 2   (1)
Other comprehensive (loss) income, after-tax (705) 821 274
Comprehensive (loss) income $ (743) $ 1,247 $ 743