XML 15 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Fee income and other $ 225 $ 246 $ 446 $ 500
Premiums Earned, Net 34 28 70 56
Net investment income 318 345 634 667
Net realized capital gains (losses):        
Total other-than-temporary impairment (“OTTI”) losses (14) (1) (14) (12)
Other than Temporary Impairment Losses, Investments, Reclassification Adjustment of Noncredit Portion Included in Net Income, Availabe-for-sale Securities, before Tax 1 0 1 1
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities 13 1 13 11
Other net realized capital gains 31 4 (15) (103)
Total net realized capital gains (losses) 18 3 (28) (114)
Revenues 595 622 1,122 1,109
Benefits, losses and expenses        
Policyholder Benefits and Claims Incurred, Net 342 342 672 691
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization 10 8 18 19
Insurance operating costs and other expenses 98 124 201 241
Policyholder Dividends, Expense 0 0 0 1
Benefits, Losses and Expenses 450 474 891 952
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 145 148 231 157
Income Tax Expense (Benefit) 33 30 44 11
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 112 $ 118 $ 187 $ 146