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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Fee income and other $ 246 $ 261 $ 746 $ 816
Premiums Earned, Net 124 27 180 73
Net investment income:        
Net investment income 363 364 1,030 1,129
Net realized capital gains (losses):        
Total other-than-temporary impairment (“OTTI”) losses (12) (25) (24) (34)
Other than Temporary Impairment Losses, Investments, Reclassification Adjustment of Noncredit Portion Included in Net Income, Availabe-for-sale Securities, before Tax 0 1 1 2
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities 12 24 23 32
Other net realized capital gains (19) 2 (122) 14
Total net realized capital gains (losses) (31) (22) (145) (18)
Revenues 702 630 1,811 2,000
Benefits, losses and expenses        
Policyholder Benefits and Claims Incurred, Net 405 360 1,096 993
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization 81 34 100 73
Insurance operating costs and other expenses 124 126 365 406
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal     0 28
Policyholder Dividends, Expense 0 0 1 0
Benefits, Losses and Expenses 610 500 1,562 1,444
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 92 130 249 556
Income Tax Expense (Benefit) 13 12 24 63
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 79 118 225 493
Net Income (Loss) Attributable to Noncontrolling Interest 0 1 0 1
Net Income (Loss) Attributable to Parent 79 117 225 492
Reinsurance gain (loss) on Dispositions [Domain]        
Benefits, losses and expenses        
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $ 0 $ 20 $ 0 $ 28