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FAIR VALUE MEASUREMENTS (Details - Fair Value Measurements on a Recurring Basis) (USD $)
In Millions, unless otherwise specified
6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2014
Recurring Basis
Jun. 30, 2013
Recurring Basis
Jun. 30, 2014
Recurring Basis
U.S. government and government sponsored entities
Jun. 30, 2013
Recurring Basis
U.S. government and government sponsored entities
Jun. 30, 2013
Recurring Basis
U.S. government and government sponsored entities
Jun. 30, 2014
Recurring Basis
Non-U.S. government
Jun. 30, 2013
Recurring Basis
Non-U.S. government
Jun. 30, 2014
Recurring Basis
Non-U.S. government
Jun. 30, 2013
Recurring Basis
Non-U.S. government
Jun. 30, 2014
Recurring Basis
Level 1
Dec. 31, 2013
Recurring Basis
Level 1
Jun. 30, 2014
Recurring Basis
Level 1
Interest rate contracts
Dec. 31, 2013
Recurring Basis
Level 1
Interest rate contracts
Jun. 30, 2014
Recurring Basis
Level 1
Foreign exchange contracts
Jun. 30, 2014
Recurring Basis
Level 1
Equity contracts
Dec. 31, 2013
Recurring Basis
Level 1
Equity contracts
Jun. 30, 2014
Recurring Basis
Level 1
Commodity contracts
Jun. 30, 2014
Recurring Basis
Level 1
Credit contracts
Jun. 30, 2014
Recurring Basis
Level 1
Other contracts
Jun. 30, 2014
Recurring Basis
Level 1
Counterparty netting and cash collateral
Jun. 30, 2014
Recurring Basis
Level 1
U.S. government and government sponsored entities
Dec. 31, 2013
Recurring Basis
Level 1
U.S. government and government sponsored entities
Jun. 30, 2014
Recurring Basis
Level 1
Obligations of states, municipalities and political subdivisions
Jun. 30, 2014
Recurring Basis
Level 1
Non-U.S. government
Dec. 31, 2013
Recurring Basis
Level 1
Non-U.S. government
Jun. 30, 2014
Recurring Basis
Level 1
Corporate debt
Jun. 30, 2014
Recurring Basis
Level 1
Residential mortgage backed securities (RMBS)
Jun. 30, 2014
Recurring Basis
Level 1
Commercial mortgage-backed securities (CMBS)
Jun. 30, 2014
Recurring Basis
Level 1
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Jun. 30, 2014
Recurring Basis
Level 1
Common Stock
Dec. 31, 2013
Recurring Basis
Level 1
Common Stock
Jun. 30, 2014
Recurring Basis
Level 1
Preferred Stock
Jun. 30, 2014
Recurring Basis
Level 1
Mutual Funds
Dec. 31, 2013
Recurring Basis
Level 1
Mutual Funds
Jun. 30, 2014
Recurring Basis
Level 2
Dec. 31, 2013
Recurring Basis
Level 2
Jun. 30, 2014
Recurring Basis
Level 2
Interest rate contracts
Dec. 31, 2013
Recurring Basis
Level 2
Interest rate contracts
Jun. 30, 2014
Recurring Basis
Level 2
Foreign exchange contracts
Dec. 31, 2013
Recurring Basis
Level 2
Foreign exchange contracts
Jun. 30, 2014
Recurring Basis
Level 2
Equity contracts
Dec. 31, 2013
Recurring Basis
Level 2
Equity contracts
Jun. 30, 2014
Recurring Basis
Level 2
Commodity contracts
Dec. 31, 2013
Recurring Basis
Level 2
Commodity contracts
Jun. 30, 2014
Recurring Basis
Level 2
Credit contracts
Jun. 30, 2014
Recurring Basis
Level 2
Other contracts
Dec. 31, 2013
Recurring Basis
Level 2
Other contracts
Jun. 30, 2014
Recurring Basis
Level 2
Counterparty netting and cash collateral
Jun. 30, 2014
Recurring Basis
Level 2
U.S. government and government sponsored entities
Dec. 31, 2013
Recurring Basis
Level 2
U.S. government and government sponsored entities
Jun. 30, 2014
Recurring Basis
Level 2
Obligations of states, municipalities and political subdivisions
Dec. 31, 2013
Recurring Basis
Level 2
Obligations of states, municipalities and political subdivisions
Jun. 30, 2014
Recurring Basis
Level 2
Non-U.S. government
Dec. 31, 2013
Recurring Basis
Level 2
Non-U.S. government
Jun. 30, 2014
Recurring Basis
Level 2
Corporate debt
Dec. 31, 2013
Recurring Basis
Level 2
Corporate debt
Jun. 30, 2014
Recurring Basis
Level 2
Residential mortgage backed securities (RMBS)
Dec. 31, 2013
Recurring Basis
Level 2
Residential mortgage backed securities (RMBS)
Jun. 30, 2014
Recurring Basis
Level 2
Commercial mortgage-backed securities (CMBS)
Dec. 31, 2013
Recurring Basis
Level 2
Commercial mortgage-backed securities (CMBS)
Jun. 30, 2014
Recurring Basis
Level 2
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Dec. 31, 2013
Recurring Basis
Level 2
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Jun. 30, 2014
Recurring Basis
Level 2
Common Stock
Jun. 30, 2014
Recurring Basis
Level 2
Preferred Stock
Dec. 31, 2013
Recurring Basis
Level 2
Preferred Stock
Jun. 30, 2014
Recurring Basis
Level 2
Mutual Funds
Dec. 31, 2013
Recurring Basis
Level 2
Mutual Funds
Jun. 30, 2014
Recurring Basis
Level 3
Dec. 31, 2013
Recurring Basis
Level 3
Jun. 30, 2014
Recurring Basis
Level 3
Interest rate contracts
Dec. 31, 2013
Recurring Basis
Level 3
Interest rate contracts
Jun. 30, 2014
Recurring Basis
Level 3
Foreign exchange contracts
Jun. 30, 2014
Recurring Basis
Level 3
Equity contracts
Dec. 31, 2013
Recurring Basis
Level 3
Equity contracts
Jun. 30, 2014
Recurring Basis
Level 3
Commodity contracts
Dec. 31, 2013
Recurring Basis
Level 3
Commodity contracts
Jun. 30, 2014
Recurring Basis
Level 3
Credit contracts
Dec. 31, 2013
Recurring Basis
Level 3
Credit contracts
Jun. 30, 2014
Recurring Basis
Level 3
Other contracts
Dec. 31, 2013
Recurring Basis
Level 3
Other contracts
Jun. 30, 2014
Recurring Basis
Level 3
Counterparty netting and cash collateral
Jun. 30, 2014
Recurring Basis
Level 3
U.S. government and government sponsored entities
Jun. 30, 2014
Recurring Basis
Level 3
Obligations of states, municipalities and political subdivisions
Dec. 31, 2013
Recurring Basis
Level 3
Obligations of states, municipalities and political subdivisions
Jun. 30, 2014
Recurring Basis
Level 3
Non-U.S. government
Dec. 31, 2013
Recurring Basis
Level 3
Non-U.S. government
Jun. 30, 2014
Recurring Basis
Level 3
Corporate debt
Dec. 31, 2013
Recurring Basis
Level 3
Corporate debt
Jun. 30, 2014
Recurring Basis
Level 3
Residential mortgage backed securities (RMBS)
Dec. 31, 2013
Recurring Basis
Level 3
Residential mortgage backed securities (RMBS)
Jun. 30, 2014
Recurring Basis
Level 3
Commercial mortgage-backed securities (CMBS)
Dec. 31, 2013
Recurring Basis
Level 3
Commercial mortgage-backed securities (CMBS)
Jun. 30, 2014
Recurring Basis
Level 3
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Dec. 31, 2013
Recurring Basis
Level 3
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Jun. 30, 2014
Recurring Basis
Level 3
Common Stock
Dec. 31, 2013
Recurring Basis
Level 3
Common Stock
Jun. 30, 2014
Recurring Basis
Level 3
Preferred Stock
Jun. 30, 2014
Recurring Basis
Level 3
Mutual Funds
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Dec. 31, 2013
Recurring Basis
Counterparty Netting
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Interest rate contracts
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Foreign exchange contracts
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Equity contracts
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Commodity contracts
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Credit contracts
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Other contracts
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Counterparty netting and cash collateral
Dec. 31, 2013
Recurring Basis
Counterparty Netting
Counterparty netting and cash collateral
Jun. 30, 2014
Recurring Basis
Counterparty Netting
U.S. government and government sponsored entities
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Obligations of states, municipalities and political subdivisions
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Non-U.S. government
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Corporate debt
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Residential mortgage backed securities (RMBS)
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Commercial mortgage-backed securities (CMBS)
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Common Stock
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Preferred Stock
Jun. 30, 2014
Recurring Basis
Counterparty Netting
Mutual Funds
Jun. 30, 2014
Recurring Basis
Cash Collateral
Dec. 31, 2013
Recurring Basis
Cash Collateral
Jun. 30, 2014
Recurring Basis
Cash Collateral
Interest rate contracts
Jun. 30, 2014
Recurring Basis
Cash Collateral
Foreign exchange contracts
Jun. 30, 2014
Recurring Basis
Cash Collateral
Equity contracts
Jun. 30, 2014
Recurring Basis
Cash Collateral
Commodity contracts
Jun. 30, 2014
Recurring Basis
Cash Collateral
Credit contracts
Jun. 30, 2014
Recurring Basis
Cash Collateral
Other contracts
Jun. 30, 2014
Recurring Basis
Cash Collateral
Counterparty netting and cash collateral
Dec. 31, 2013
Recurring Basis
Cash Collateral
Counterparty netting and cash collateral
Jun. 30, 2014
Recurring Basis
Cash Collateral
U.S. government and government sponsored entities
Jun. 30, 2014
Recurring Basis
Cash Collateral
Obligations of states, municipalities and political subdivisions
Jun. 30, 2014
Recurring Basis
Cash Collateral
Non-U.S. government
Jun. 30, 2014
Recurring Basis
Cash Collateral
Corporate debt
Jun. 30, 2014
Recurring Basis
Cash Collateral
Residential mortgage backed securities (RMBS)
Jun. 30, 2014
Recurring Basis
Cash Collateral
Commercial mortgage-backed securities (CMBS)
Jun. 30, 2014
Recurring Basis
Cash Collateral
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Jun. 30, 2014
Recurring Basis
Cash Collateral
Common Stock
Jun. 30, 2014
Recurring Basis
Cash Collateral
Preferred Stock
Jun. 30, 2014
Recurring Basis
Cash Collateral
Mutual Funds
Jun. 30, 2014
Recurring Basis
Total Fair Value
Dec. 31, 2013
Recurring Basis
Total Fair Value
Jun. 30, 2014
Recurring Basis
Total Fair Value
Interest rate contracts
Dec. 31, 2013
Recurring Basis
Total Fair Value
Interest rate contracts
Jun. 30, 2014
Recurring Basis
Total Fair Value
Foreign exchange contracts
Dec. 31, 2013
Recurring Basis
Total Fair Value
Foreign exchange contracts
Jun. 30, 2014
Recurring Basis
Total Fair Value
Equity contracts
Dec. 31, 2013
Recurring Basis
Total Fair Value
Equity contracts
Jun. 30, 2014
Recurring Basis
Total Fair Value
Commodity contracts
Dec. 31, 2013
Recurring Basis
Total Fair Value
Commodity contracts
Jun. 30, 2014
Recurring Basis
Total Fair Value
Credit contracts
Dec. 31, 2013
Recurring Basis
Total Fair Value
Credit contracts
Jun. 30, 2014
Recurring Basis
Total Fair Value
Other contracts
Dec. 31, 2013
Recurring Basis
Total Fair Value
Other contracts
Jun. 30, 2014
Recurring Basis
Total Fair Value
Counterparty netting and cash collateral
Dec. 31, 2013
Recurring Basis
Total Fair Value
Counterparty netting and cash collateral
Jun. 30, 2014
Recurring Basis
Total Fair Value
U.S. government and government sponsored entities
Dec. 31, 2013
Recurring Basis
Total Fair Value
U.S. government and government sponsored entities
Jun. 30, 2014
Recurring Basis
Total Fair Value
Obligations of states, municipalities and political subdivisions
Dec. 31, 2013
Recurring Basis
Total Fair Value
Obligations of states, municipalities and political subdivisions
Jun. 30, 2014
Recurring Basis
Total Fair Value
Non-U.S. government
Dec. 31, 2013
Recurring Basis
Total Fair Value
Non-U.S. government
Jun. 30, 2014
Recurring Basis
Total Fair Value
Corporate debt
Dec. 31, 2013
Recurring Basis
Total Fair Value
Corporate debt
Jun. 30, 2014
Recurring Basis
Total Fair Value
Residential mortgage backed securities (RMBS)
Dec. 31, 2013
Recurring Basis
Total Fair Value
Residential mortgage backed securities (RMBS)
Jun. 30, 2014
Recurring Basis
Total Fair Value
Commercial mortgage-backed securities (CMBS)
Dec. 31, 2013
Recurring Basis
Total Fair Value
Commercial mortgage-backed securities (CMBS)
Jun. 30, 2014
Recurring Basis
Total Fair Value
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Dec. 31, 2013
Recurring Basis
Total Fair Value
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Jun. 30, 2014
Recurring Basis
Total Fair Value
Common Stock
Dec. 31, 2013
Recurring Basis
Total Fair Value
Common Stock
Jun. 30, 2014
Recurring Basis
Total Fair Value
Preferred Stock
Dec. 31, 2013
Recurring Basis
Total Fair Value
Preferred Stock
Jun. 30, 2014
Recurring Basis
Total Fair Value
Mutual Funds
Dec. 31, 2013
Recurring Basis
Total Fair Value
Mutual Funds
Fair Value, Assets Measured on Recurring Basis                                                                                                                                                                                                                                                                                                                                                                
Bonds available for sale $ 266,304 $ 258,274                   $ 628 $ 641                   $ 24 $ 133 $ 0 $ 604 $ 508 $ 0 $ 0 $ 0 $ 0           $ 231,788 $ 227,632                         $ 2,801 $ 3,062 $ 27,731 $ 28,300 $ 21,551 $ 21,985 $ 147,560 $ 143,297 $ 21,363 $ 21,207 $ 6,477 $ 5,747 $ 4,305 $ 4,034           $ 33,888 $ 30,001                         $ 0 $ 1,991 $ 1,080 $ 25 $ 16 $ 2,196 $ 1,255 $ 16,328 $ 14,941 $ 5,917 $ 5,735 $ 7,431 $ 6,974         $ 0                   $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0       $ 0                   $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0       $ 266,304 $ 258,274                             $ 2,825 $ 3,195 $ 29,722 $ 29,380 $ 22,180 $ 22,509 $ 149,756 $ 144,552 $ 37,691 $ 36,148 $ 12,394 $ 11,482 $ 11,736 $ 11,008            
Other bond securities, at fair value (See Note 6) 21,430 22,623                   89 78                   89 78 0 0   0 0 0 0           11,125 11,930                         5,291 5,645 123 121 2 2 1,055 1,169 1,216 1,326 553 509 2,885 3,158           10,216 10,615                         0 0   0   0   1,062 937 757 844 8,397 8,834         0                   0 0 0 0 0 0 0       0                   0 0 0 0 0 0 0       21,430 22,623                             5,380 5,723 123 121 2 2 1,055 1,169 2,278 2,263 1,310 1,353 11,282 11,992            
Equity securities available for sale 4,048 3,656                   4,016 3,626                                     3,253 3,218 0 763 408 32 29                                                     2 28 27 2 2 0 1                                                   0 1 0 0 0                                 0 0 0 0                                 0 0 0 4,048 3,656                                                         3,255 3,219 28 27 765 410
Other equity securities 724 834                   653 750                                               71 84                                                               0                                                             0                                       0                                       724 834                                                                    
Mortgage and other loans receivable                       0                                                 0                                                                 6                                                             0                                       0                                       6 0                                                                    
Other invested assets 8,869 8,598                   25 1                                               3,020 2,667                                                               5,824 5,930                                                           0                                       0                                       8,869 8,598                                                                    
Derivative assets, at fair value 1,617 1,665                   126 165 16 14 0 110 151 0 0 0 0                             4,001 3,875 2,890 3,716 1,089 52 22 106 0   0 0 1 0                                       209 179 23 41 14 93 49 1 1 41 55 37 33 0                                   (1,801) (1,734) 0 0 0 0 0 0 (1,801) (1,734)                     (918) (820) 0 0 0 0 0 0 (918) (820)                     1,617 1,665 2,929 3,771 1,103 52 225 306 1 1 41 55 37 34 (2,719) (2,554)                                        
Short-term investments, portion measured at fair value 4,310 6,313                   595 332                                               3,715 5,981                                                               0                                                             0                                       0                                       4,310 6,313                                                                    
Separate account assets, at fair value 75,718 71,059                   72,986 67,708                                               2,732 3,351                                                               0                                                             0                                       0                                       75,718 71,059                                                                    
Other assets 0 418                   0                                                 0 418                                                               0                                                             0                                       0                                       0 418                                                                    
Fair value assets measured on recurring basis, total                       79,118 73,301                                               256,484 255,967                                                               50,143 46,726                                                           (1,801) (1,734)                                     (918) (820)                                     383,026 373,440                                                                    
Fair Value, Liabilities Measured on Recurring Basis                                                                                                                                                                                                                                                                                                                                                                
Policyholder contract deposits, portion measured at fair value 898 384                   0                                                 56 72                                                               842 312                                                           0                                       0                                       898 384                                                                    
Other policyholder funds 4,809 5,083                   0                                                 8                                                                 0                                                                                                                                             8                                                                      
Derivative liabilities, at fair value 2,416 2,511                   1   0   0 1   0 0 0 0                             4,211 4,111 2,589 3,661 1,525 319 93 101 4 5 0 0 25 0                                       1,331 1,618 90 141 23 2   0   1,126 1,335 90 142 0                                   (1,801) (1,734) 0 0 0 0 0 0 (1,801) (1,734)                     (1,326) (1,484) 0 0 0 0 0 0 (1,326) (1,484)                     2,416 2,511 2,679 3,802 1,548 319 96 101 4 5 1,126 1,335 90 167 (3,127) (3,218)                                        
Long-term debt, portion measured at fair value 5,824 6,747                   0                                                 5,430 6,377                                                               394 370                                                           0                                       0                                       5,824 6,747                                                                    
Other liabilities 569 933                   208 42                                               361 891                                                               0                                                             0                                       0                                       569 933                                                                    
Fair value liabilities measured on recurring basis, total                       209 42                                               10,066 11,451                                                               2,567 2,300                                                           (1,801) (1,734)                                     (1,326) (1,484)                                     9,715 10,575                                                                    
Assets transferred from Level 1 to Level 2     103   0 0 93 236 318 298 557                                                                                                                                                                                                                                                                                                                                          
Assets transferred from Level 2 to Level 1     $ 0 $ 0