Deferred Policy Acquisition Costs and Present Value of Future Profits

3 Months Ended

Mar. 31, 2013

Deferred Policy Acquisition Costs and Present Value of Future Profits [Abstract]

Deferred Policy Acquisition Costs and Present Value of Future Profits

Deferred Policy Acquisition Costs and Present Value of Future Profits

Changes in the DAC balance are as follows:

	Three Months Ended March 31,
	2013			2012
Balance, beginning of period	$	3,072		$	3,448
Deferred costs	2			96
Amortization — DAC	(43		)	(109		)
Amortization — Unlock benefit (charge), pre-tax	(1		)	38
Amortization — DAC from discontinued operations	—			(9		)
Amortization — DAC related to business dispositions [1] [2]	(2,229		)	—
Adjustments to unrealized gains and losses on securities available-for-sale and other	(3		)	(18		)
Balance, end of period	$	798		$	3,446

[1] Includes accelerated amortization of $352 and $2,374 in the three months ended March 31, 2013 recognized upon the sale of the Retirement Plans and Individual Life businesses. For further information, see Note 2 - Business Dispositions of Notes to Consolidated Financial Statements.

[2] Includes previously unrealized gains on securities AFS of $148 and $349 recognized in the three months ended March 31, 2013 upon the sale of the Retirement Plans and Individual Life businesses, respectively.