XML 51 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $23,764 and $23,260) $ 26,192us-gaap_AvailableForSaleSecuritiesDebtSecurities $ 25,436us-gaap_AvailableForSaleSecuritiesDebtSecurities
Marketable Securities, Fixed Maturities, Current 231us-gaap_MarketableSecuritiesFixedMaturitiesCurrent 280us-gaap_MarketableSecuritiesFixedMaturitiesCurrent
Trading Securities, Equity 11us-gaap_TradingSecuritiesEquity 11us-gaap_TradingSecuritiesEquity
Equity securities, available-for-sale, at fair value (cost of $399 and $443) 367us-gaap_AvailableForSaleSecuritiesEquitySecurities 514us-gaap_AvailableForSaleSecuritiesEquitySecurities
Policy loans, at outstanding balance 1,451us-gaap_LoansInsurancePolicy 1,430us-gaap_LoansInsurancePolicy
Alternative Investments, Fair Value Disclosure 1,245us-gaap_AlternativeInvestmentsFairValueDisclosure 1,309us-gaap_AlternativeInvestmentsFairValueDisclosure
Other investments 478us-gaap_OtherInvestments 442us-gaap_OtherInvestments
Short-term investments (includes variable interest entity assets, at fair value, of $5, as of September 30, 2012) 1,384us-gaap_ShortTermInvestments 2,162us-gaap_ShortTermInvestments
Total investments 34,471us-gaap_Investments 34,682us-gaap_Investments
Cash 293us-gaap_Cash 258us-gaap_Cash
Premiums receivable and agents' balances 28us-gaap_PremiumsAndOtherReceivablesNet 27us-gaap_PremiumsAndOtherReceivablesNet
Reinsurance Recoverables 19,910us-gaap_ReinsuranceRecoverables 20,053us-gaap_ReinsuranceRecoverables
Deferred policy acquisition costs and present value of future profits 482us-gaap_DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired 521us-gaap_DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired
Deferred Tax Assets, Net of Valuation Allowance 1,158us-gaap_DeferredTaxAssetsNet 1,237us-gaap_DeferredTaxAssetsNet
Other assets 670us-gaap_OtherAssets 308us-gaap_OtherAssets
Separate account assets 135,790us-gaap_SeparateAccountAssets 134,689us-gaap_SeparateAccountAssets
Mortgage Loans on Real Estate, Commercial and Consumer, Net 3,123us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet 3,109us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
Total assets 192,802us-gaap_Assets 191,775us-gaap_Assets
Liabilities    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 13,784us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense 13,624us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
Other policyholder funds and benefits payable 31,568us-gaap_OtherPolicyholderFunds 31,994us-gaap_OtherPolicyholderFunds
Other liabilities (including variable interest entity liabilities of $443 and $477) 2,610us-gaap_OtherLiabilities 2,177us-gaap_OtherLiabilities
Separate account liabilities 135,790us-gaap_SeparateAccountsLiability 134,689us-gaap_SeparateAccountsLiability
Total liabilities 183,752us-gaap_Liabilities 182,484us-gaap_Liabilities
Stockholders' Equity    
Common stock—1,000 shares authorized, issued and outstanding, par value $5,690 6us-gaap_CommonStockValue 6us-gaap_CommonStockValue
Additional paid-in capital 6,189us-gaap_AdditionalPaidInCapital 6,688us-gaap_AdditionalPaidInCapital
Accumulated other comprehensive income, net of tax 1,334us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 1,221us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained earnings (accumulated deficit) 1,521us-gaap_RetainedEarningsAccumulatedDeficit 1,376us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 9,050us-gaap_StockholdersEquity 9,291us-gaap_StockholdersEquity
Total liabilities and stockholders' equity 192,802us-gaap_LiabilitiesAndStockholdersEquity 191,775us-gaap_LiabilitiesAndStockholdersEquity
Fair Value, Inputs, Level 3 [Member]    
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $23,764 and $23,260) 1,990us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
2,025us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Trading Securities, Equity 0us-gaap_TradingSecuritiesEquity
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
0us-gaap_TradingSecuritiesEquity
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Equity securities, available-for-sale, at fair value (cost of $399 and $443) 48us-gaap_AvailableForSaleSecuritiesEquitySecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
48us-gaap_AvailableForSaleSecuritiesEquitySecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Mortgage Loans on Real Estate [Member] | Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments:    
Total assets   $ 3,109us-gaap_Assets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember