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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Liabilities of Assets Held-for-sale $ 1,662 $ 0
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $29,627 and $45,753) (includes variable interest entity assets, at fair value, of $49 and $89) 30,655 49,404
Fixed maturities, at fair value using the fair value option (includes variable interest entity assets, at fair value, of $344 and $338) 952 1,010
Equity securities, trading, at fair value (cost of $1,726 and $1,860) 11 1,847
Equity securities, available-for-sale, at fair value (cost of $399 and $443) 384 400
Mortgage loans (net of allowance for loan losses of $19 and $23) 3,620 4,935
Policy loans, at outstanding balance 1,408 1,951
Limited partnerships, and other alternative investments (includes variable entity assets of $6 and $7) 1,356 1,372
Other investments 303 582
Short-term investments (includes variable interest entity assets, at fair value, of $5, as of September 30, 2012) 1,920 2,354
Total investments 40,609 63,855
Cash 645 1,342
Premiums receivable and agents' balances 44 58
Reinsurance recoverables 19,823 2,893
Deferred policy acquisition costs and present value of future profits 830 3,072
Deferred income taxes, net 2,181 1,557
Goodwill 0 250
Other assets 1,197 1,306
Assets held for sale 1,941 0
Separate account assets 147,975 141,558
Total assets 215,245 215,891
Liabilities    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 12,889 11,916
Other policyholder funds and benefits payable 38,614 40,501
Other policyholder funds and benefits payable — international unit-linked bonds and pension products 0 1,837
Consumer notes 110 161
Other liabilities (including variable interest entity liabilities of $443 and $477) 5,930 9,535
Separate account liabilities 147,975 141,558
Total liabilities 207,180 205,508
Commitments and Contingencies      
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 520 [1] 1,987 [1]
Retained earnings (accumulated deficit) 580 235
Total stockholders' equity 8,065 10,383
Total liabilities and stockholders' equity $ 215,245 $ 215,891
[1] [1] All amounts are net of tax and DAC.