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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $47,712 and $46,236) (includes variable interest entity assets, at fair value, of $230 and $153) $ 33,158 $ 49,404
Fixed maturities, at fair value using the fair value option (includes variable interest entity assets, at fair value, of $344 and $338) 935 1,010
Equity securities, trading, at fair value (cost of $1,726 and $1,860) 1,773 1,847
Equity securities, available-for-sale, at fair value (cost of $399 and $443) 383 400
Mortgage loans (net of allowance for loan losses of $19 and $23) 3,585 4,935
Policy loans, at outstanding balance 1,416 1,951
Limited partnerships, and other alternative investments (includes variable entity assets of $6 and $7) 1,376 1,372
Other investments 648 582
Short-term investments (includes variable interest entity assets, at fair value, of $5, as of September 30, 2012) 1,398 2,354
Total investments 44,672 63,855
Cash 920 1,342
Premiums receivable and agents' balances 47 58
Reinsurance recoverables 19,804 2,893
Deferred policy acquisition costs and present value of future profits 798 3,072
Deferred income taxes, net 1,811 1,557
Goodwill 0 250
Other assets 819 1,306
Separate account assets 145,139 141,558
Total assets 214,010 215,891
Liabilities    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 13,041 11,916
Other policyholder funds and benefits payable 39,292 40,501
Other policyholder funds and benefits payable — international unit-linked bonds and pension products 1,762 1,837
Consumer notes 132 161
Other liabilities (including variable interest entity liabilities of $443 and $477) 5,987 9,535
Separate account liabilities 145,139 141,558
Total liabilities 205,353 205,508
Stockholders' Equity    
Common stock—1,000 shares authorized, issued and outstanding, par value $5,690 6 6
Additional paid-in capital 6,959 8,155
Accumulated other comprehensive income, net of tax 1,078 1,987
Retained earnings (accumulated deficit) 614 235
Total stockholders' equity 8,657 10,383
Total liabilities and stockholders' equity $ 214,010 $ 215,891