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FAIR VALUE MEASUREMENTS - Changes in Available-For-Sale Investments and Derivatives Classified as Level 3 (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period $ 3,507 $ 465 $ 3,803 $ 560
Realized gains or losses included in earnings (45) (19) 50 (83)
Unrealized gains or losses included in other comprehensive income 48 3 (25) (25)
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 (290) 0
Settlements (14) 125 (42) 122
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 3,496 574 3,496 574
Change in unrealized gains (losses) still held (45) [1] 17 [2] (1) [1] (60) [2]
Fixed Maturities | Mortgage- and asset-backed Securities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 367 248 394 267
Realized gains or losses included in earnings (3) 0 (3) (6)
Unrealized gains or losses included in other comprehensive income 22 12 (1) 2
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements (7) (3) (11) (6)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 379 257 379 257
Change in unrealized gains (losses) still held (3) [1] 0 [2] (3) [1] (6) [2]
Fixed Maturities | Public Utilities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 409 0 422 0
Realized gains or losses included in earnings 0 0 0 0
Unrealized gains or losses included in other comprehensive income 9 0 (4) 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 418 0 418 0
Change in unrealized gains (losses) still held 0 [1] 0 [2] 0 [1] 0 [2]
Fixed Maturities | Collateralized Debt Obligations
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period   5   5
Realized gains or losses included in earnings   (1)   (1)
Unrealized gains or losses included in other comprehensive income   0   0
Purchases   0   0
Issuances   0   0
Sales   0   0
Settlements   0   0
Transfers into Level 3   0   0
Transfers out of Level 3   0   0
Balance, end of period   4   4
Change in unrealized gains (losses) still held   (1) [2]   (1) [2]
Fixed Maturities | Sovereign and Supranational
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 418 0 434 0
Realized gains or losses included in earnings 0 0 0 0
Unrealized gains or losses included in other comprehensive income 18 0 2 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 436 0 436 0
Change in unrealized gains (losses) still held 0 [1] 0 [2] 0 [1] 0 [2]
Fixed Maturities | Banks/financial Institutions
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 1,097 420 1,074 386
Realized gains or losses included in earnings 0 0 0 1
Unrealized gains or losses included in other comprehensive income 17 (22) 40 11
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 1,114 398 1,114 398
Change in unrealized gains (losses) still held 0 [1] 0 [2] 0 [1] 1 [2]
Fixed Maturities | Other Corporate
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 1,035 0 1,105 0
Realized gains or losses included in earnings 0 0 2 0
Unrealized gains or losses included in other comprehensive income (4) 0 (42) 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 (34) 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 1,031 0 1,031 0
Change in unrealized gains (losses) still held 0 [1] 0 [2] 0 [1] 0 [2]
Perpetual Securities | Banks/financial Institutions
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 325 0 526 0
Realized gains or losses included in earnings 0 0 49 0
Unrealized gains or losses included in other comprehensive income (18) 0 (12) 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 (256) 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 307 0 307 0
Change in unrealized gains (losses) still held 0 [1] 0 [2] 0 [1] 0 [2]
Equity Securities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 4 4 4 4
Realized gains or losses included in earnings 0 0 0 0
Unrealized gains or losses included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 4 4 4 4
Change in unrealized gains (losses) still held 0 [1] 0 [2] 0 [1] 0 [2]
Derivatives | Interest rate swaps
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 28   30  
Realized gains or losses included in earnings (1)   (3)  
Unrealized gains or losses included in other comprehensive income 0   0  
Purchases 0   0  
Issuances 0   0  
Sales 0   0  
Settlements 0   0  
Transfers into Level 3 0   0  
Transfers out of Level 3 0   0  
Balance, end of period 27   27  
Change in unrealized gains (losses) still held (1) [1]   (3) [1]  
Derivatives | Foreign currency swaps
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period (79) 126 (56) 241
Realized gains or losses included in earnings (31) 25 (18) (39)
Unrealized gains or losses included in other comprehensive income 4 13 (8) (38)
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements (7) 0 (31) 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period (113) 164 (113) 164
Change in unrealized gains (losses) still held (31) [1] 25 [2] (18) [1] (39) [2]
Derivatives | Credit default swaps
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period (97) (338) (130) (343)
Realized gains or losses included in earnings (10) (43) 23 (38)
Unrealized gains or losses included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 128 0 128
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period (107) (253) (107) (253)
Change in unrealized gains (losses) still held $ (10) [1] $ (7) [2] $ 23 [1] $ (15) [2]
[1] Represents the amount of total gains or losses for the period, included in earnings, attributable to the change in unrealized gains (losses) relating to assets classified as Level 3 that were still held at June 30, 2012
[2] Represents the amount of total gains or losses for the period, included in earnings, attributable to the change in unrealized gains (losses) relating to assets classified as Level 3 that were still held at June 30, 2011