Income Tax Level 3 (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the tax provision at the U.S. Federal statutory rate to the provision for income taxes is as follows:

	For the years ended December 31,
	2014			2013			2012
Tax provision at the U.S. federal statutory rate	$	301		$	196		$	186
Dividends received deduction	(109		)	(135		)	(140		)
Foreign-related investments	(8		)	(7		)	(9		)
Other	—			(5		)	(1		)
Provision for income taxes	$	184		$	49		$	36

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax expense (benefit) is as follows:

	For the years ended December 31,
	2014			2013			2012
Income Tax Expense (Benefit)
Current  - U.S. Federal	$	(339	)	$	(208	)	$	139
Deferred - U.S. Federal	523			257			(103		)
Total income tax expense	$	184		$	49		$	36

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred tax assets (liabilities) include the following:

	As of December 31,
Deferred Tax Assets	2014			2013
Tax basis deferred policy acquisition costs	$	124		$	163
Unearned premium reserve and other underwriting related reserves	12			—
Investment-related items [1]	1,094			1,516
Insurance product derivatives	44			742
NOL carryover [1]	1,116			377
Alternative minimum tax credit	246			327
Foreign tax credit carryover	58			44
Other	—			71
Total Deferred Tax Assets	2,694			3,240
Deferred Tax Liabilities
Financial statement deferred policy acquisition costs and reserves	(585		)	(650		)
Net unrealized gain on investments	(816		)	(403		)
Employee benefits	(39		)	(52		)
Depreciable and amortizable assets	(1		)	(25		)
Other	(16		)	—
Total Deferred Tax Liabilities	(1,457		)	(1,130		)
Net Deferred Tax Asset	$	1,237		$	2,110