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FAIR VALUE MEASUREMENTS (Details - Changes in Level 3 Recurring Fair Value Measurements) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period $ 48,316 $ 41,360 $ 46,547 $ 39,353
Net Realized and Unrealized Gains (Losses) Included in Income 681 954 1,421 1,580
Other Comprehensive Income (Loss) 359 (478) 795 214
Purchases, Sales, Issues and Settlements, Net 209 1,804 1,187 1,791
Gross Transfers in, assets 1,011 914 1,810 2,345
Gross Transfers out, assets (642) (327) (1,826) (1,056)
Balance End of Period 49,934 44,227 49,934 44,227
Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 143 308 335 135
Liabilities
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period (2,471) (2,545) (2,121) (2,974)
Net Realized and Unrealized Gains (Losses) Included in Income 52 557 (338) 904
Other Comprehensive Income (Loss) 32 8 23 8
Purchases, Sales, Issues and Settlements-Net 29 124 80 210
Gross Transfers in, liabilities 0 2 (22) (3)
Gross Transfers out, liabilities 0 0 20 1
Balance at the End of the Period (2,358) (1,854) (2,358) (1,854)
Liabilities | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 66 629 89 1,098
Policyholder contract deposits
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period (765) (1,047) (312) (1,257)
Net Realized and Unrealized Gains (Losses) Included in Income (58) 410 (532) 615
Other Comprehensive Income (Loss) (16) 0 (24) 0
Purchases, Sales, Issues and Settlements-Net (3) 51 26 56
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period (842) (586) (842) (586)
Policyholder contract deposits | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities (37) 440 (120) 664
Derivative liabilities, net
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period (1,303) (1,091) (1,439) (1,373)
Net Realized and Unrealized Gains (Losses) Included in Income 115 162 202 384
Other Comprehensive Income (Loss) 48 8 47 8
Purchases, Sales, Issues and Settlements-Net 18 70 21 132
Gross Transfers in, liabilities 0 2 48 (1)
Gross Transfers out, liabilities 0 0 (1) 1
Balance at the End of the Period (1,122) (849) (1,122) (849)
Derivative liabilities, net | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 107 202 204 456
Interest rate contracts
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period (98) 756 (100) 732
Net Realized and Unrealized Gains (Losses) Included in Income 8 3 2 14
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net 23 20 32 33
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 (1) 0
Balance at the End of the Period (67) 779 (67) 779
Interest rate contracts | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 8 7 4 9
Foreign exchange contracts
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 0   0  
Net Realized and Unrealized Gains (Losses) Included in Income 3   3  
Other Comprehensive Income (Loss) 0   0  
Purchases, Sales, Issues and Settlements-Net (12)   (12)  
Gross Transfers in, liabilities 0   0  
Gross Transfers out, liabilities 0   0  
Balance at the End of the Period (9)   (9)  
Foreign exchange contracts | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 3   4  
Equity contracts
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 88 66 49 47
Net Realized and Unrealized Gains (Losses) Included in Income 11 8 8 36
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net (8) (6) (14) (14)
Gross Transfers in, liabilities 0 2 48 1
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period 91 70 91 70
Equity contracts | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 11 5 5 27
Commodity contracts
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period 1 1 1 1
Net Realized and Unrealized Gains (Losses) Included in Income 0 0 0 0
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net 0 0 0 (1)
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 0 1
Balance at the End of the Period 1 1 1 1
Commodity contracts | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Purchases, Sales, Issues and Settlements-Net   0    
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 0 0 0 1
Credit contracts
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period (1,185) (1,775) (1,280) (1,991)
Net Realized and Unrealized Gains (Losses) Included in Income 75 138 154 313
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net 25 43 41 84
Gross Transfers in, liabilities 0 0 0 0
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period (1,085) (1,594) (1,085) (1,594)
Credit contracts | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 69 181 164 396
Other contracts
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period (109) (139) (109) (162)
Net Realized and Unrealized Gains (Losses) Included in Income 18 13 35 21
Other Comprehensive Income (Loss) 48 8 47 8
Purchases, Sales, Issues and Settlements-Net (10) 13 (26) 30
Gross Transfers in, liabilities 0 0 0 (2)
Gross Transfers out, liabilities 0 0 0 0
Balance at the End of the Period (53) (105) (53) (105)
Other contracts | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 16 9 27 23
Long-term debt
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance at the Beginning of the Period (403) (407) (370) (344)
Net Realized and Unrealized Gains (Losses) Included in Income (5) (15) (8) (95)
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements-Net 14 3 33 22
Gross Transfers in, liabilities 0 0 (70) (2)
Gross Transfers out, liabilities 0   21  
Balance at the End of the Period (394) (419) (394) (419)
Long-term debt | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Gross Transfers out, liabilities   0    
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities (4) (13) 5 (22)
Bonds available for sale
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 31,989 25,474 30,001 24,152
Net Realized and Unrealized Gains (Losses) Included in Income 295 299 576 537
Other Comprehensive Income (Loss) 364 (506) 746 195
Purchases, Sales, Issues and Settlements, Net 726 2,254 2,093 2,715
Gross Transfers in, assets 1,002 470 1,716 892
Gross Transfers out, assets (488) (101) (1,244) (601)
Balance End of Period 33,888 27,890 33,888 27,890
Bonds available for sale | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Obligations of states, municipalities and political subdivisions
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 2,042 1,019 1,080 1,024
Net Realized and Unrealized Gains (Losses) Included in Income 0 24 0 25
Other Comprehensive Income (Loss) 74 (145) 191 (150)
Purchases, Sales, Issues and Settlements, Net 7 69 853 205
Gross Transfers in, assets 0 0 0 0
Gross Transfers out, assets (132) (22) (133) (159)
Balance End of Period 1,991 945 1,991 945
Bonds available for sale | Obligations of states, municipalities and political subdivisions | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Non-U.S. government
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 17 18 16 14
Net Realized and Unrealized Gains (Losses) Included in Income 0 (1) 0 0
Other Comprehensive Income (Loss) 0 0 (1) 0
Purchases, Sales, Issues and Settlements, Net 4 4 6 6
Gross Transfers in, assets 4 0 4 1
Gross Transfers out, assets 0 (1) 0 (1)
Balance End of Period 25 20 25 20
Bonds available for sale | Non-U.S. government | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Corporate debt
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 1,815 1,449 1,255 1,487
Net Realized and Unrealized Gains (Losses) Included in Income 9 0 6 (4)
Other Comprehensive Income (Loss) 33 (20) 53 (14)
Purchases, Sales, Issues and Settlements, Net (71) 8 (67) 30
Gross Transfers in, assets 707 256 1,355 332
Gross Transfers out, assets (297) (59) (406) (197)
Balance End of Period 2,196 1,634 2,196 1,634
Bonds available for sale | Corporate debt | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Residential mortgage backed securities (RMBS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 15,764 12,096 14,941 11,662
Net Realized and Unrealized Gains (Losses) Included in Income 251 204 495 408
Other Comprehensive Income (Loss) 127 (144) 260 339
Purchases, Sales, Issues and Settlements, Net 67 1,529 624 1,266
Gross Transfers in, assets 119 9 119 19
Gross Transfers out, assets 0 0 (111) 0
Balance End of Period 16,328 13,694 16,328 13,694
Bonds available for sale | Residential mortgage backed securities (RMBS) | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Commercial mortgage-backed securities (CMBS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 5,741 5,315 5,735 5,124
Net Realized and Unrealized Gains (Losses) Included in Income 17 0 23 11
Other Comprehensive Income (Loss) 129 (121) 240 20
Purchases, Sales, Issues and Settlements, Net (7) 263 (57) 188
Gross Transfers in, assets 69 7 69 161
Gross Transfers out, assets (32) (9) (93) (49)
Balance End of Period 5,917 5,455 5,917 5,455
Bonds available for sale | Commercial mortgage-backed securities (CMBS) | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 6,610 5,577 6,974 4,841
Net Realized and Unrealized Gains (Losses) Included in Income 18 72 52 97
Other Comprehensive Income (Loss) 1 (76) 3 0
Purchases, Sales, Issues and Settlements, Net 726 381 734 1,020
Gross Transfers in, assets 103 198 169 379
Gross Transfers out, assets (27) (10) (501) (195)
Balance End of Period 7,431 6,142 7,431 6,142
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS) | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Other Bond securities
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 10,337 10,348 10,615 9,744
Net Realized and Unrealized Gains (Losses) Included in Income 378 556 758 874
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net (508) (549) (946) (1,011)
Gross Transfers in, assets 9 226 9 1,109
Gross Transfers out, assets 0 (7) (220) (142)
Balance End of Period 10,216 10,574 10,216 10,574
Other Bond securities | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 143 308 335 135
Other Bond securities | Residential mortgage backed securities (RMBS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 1,069 730 937 396
Net Realized and Unrealized Gains (Losses) Included in Income 23 (12) 51 10
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net (32) 64 72 138
Gross Transfers in, assets 2 0 2 238
Gross Transfers out, assets 0 0 0 0
Balance End of Period 1,062 782 1,062 782
Other Bond securities | Residential mortgage backed securities (RMBS) | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 2 (12) 17 (40)
Other Bond securities | Commercial mortgage-backed securities (CMBS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 770 776 844 812
Net Realized and Unrealized Gains (Losses) Included in Income 21 (1) 38 11
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net (40) (41) (131) (140)
Gross Transfers in, assets 6 93 6 251
Gross Transfers out, assets 0 (7) 0 (114)
Balance End of Period 757 820 757 820
Other Bond securities | Commercial mortgage-backed securities (CMBS) | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 19 (16) 32 (42)
Other Bond securities | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 8,498 8,842 8,834 8,536
Net Realized and Unrealized Gains (Losses) Included in Income 334 569 669 853
Other Comprehensive Income (Loss) 0 0 0 0
Purchases, Sales, Issues and Settlements, Net (436) (572) (887) (1,009)
Gross Transfers in, assets 1 133 1 620
Gross Transfers out, assets 0 0 (220) (28)
Balance End of Period 8,397 8,972 8,397 8,972
Other Bond securities | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS) | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 122 336 286 217
Equity securities available for sale
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 0 71 1 68
Net Realized and Unrealized Gains (Losses) Included in Income 0 (9) 0 0
Other Comprehensive Income (Loss) 0 5 0 9
Purchases, Sales, Issues and Settlements, Net 0 57 0 47
Gross Transfers in, assets 0 0 0 0
Gross Transfers out, assets 0 0 (1) 0
Balance End of Period 0 124 0 124
Equity securities available for sale | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Equity securities available for sale | Common Stock
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 0 22 1 24
Net Realized and Unrealized Gains (Losses) Included in Income 0 (9) 0 0
Other Comprehensive Income (Loss) 0 6 0 5
Purchases, Sales, Issues and Settlements, Net 0 57 0 47
Gross Transfers in, assets 0 0 0 0
Gross Transfers out, assets 0 0 (1) 0
Balance End of Period 0 76 0 76
Equity securities available for sale | Common Stock | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Equity securities available for sale | Preferred Stock
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 0 49 0 44
Net Realized and Unrealized Gains (Losses) Included in Income 0 0 0 0
Other Comprehensive Income (Loss) 0 (1) 0 4
Purchases, Sales, Issues and Settlements, Net 0 0 0 0
Gross Transfers in, assets 0 0 0 0
Gross Transfers out, assets 0 0 0 0
Balance End of Period 0 48 0 48
Equity securities available for sale | Preferred Stock | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0 0 0
Other invested assets
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Balance Beginning of Period 5,990 5,467 5,930 5,389
Net Realized and Unrealized Gains (Losses) Included in Income 8 108 87 169
Other Comprehensive Income (Loss) (5) 23 49 10
Purchases, Sales, Issues and Settlements, Net (15) 42 34 40
Gross Transfers in, assets 0 218 85 344
Gross Transfers out, assets (154) (219) (361) (313)
Balance End of Period 5,824 5,639 5,824 5,639
Other invested assets | Trading Revenue
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0   0  
Mortgage and other loans receivable
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation        
Purchases, Sales, Issues and Settlements, Net 6   6  
Balance End of Period $ 6   $ 6