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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Premiums $ 156 $ 145
Contract charges 267 264
Net investment income 626 621
Realized capital gains and losses:    
Total other-than-temporary impairment losses (8) (1)
Portion of loss recognized in other comprehensive income (1) (8)
Net other-than-temporary impairment losses recognized in earnings (9) (9)
Sales and other realized capital gains and losses 9 28
Total realized capital gains and losses   19
Total revenues 1,049 1,049
Costs and expenses    
Contract benefits 411 381
Interest credited to contractholder funds 300 339
Amortization of deferred policy acquisition costs 45 53
Operating costs and expenses 81 117
Restructuring and related charges 2 2
Interest expense 4 8
Total costs and expenses 843 900
(Loss) gain on disposition of operations (59) 2
Income from operations before income tax expense 147 151
Income tax expense 20 42
Net income 127 109
Other comprehensive income, after-tax    
Change in unrealized net capital gains and losses 325 26
Change in unrealized foreign currency translation adjustments 1 1
Other comprehensive income, after-tax 326 27
Comprehensive income $ 453 $ 136