XML 77 R47.htm IDEA: XBRL DOCUMENT v2.4.0.8
FAIR VALUE MEASUREMENTS (Details - Gross components of purchases, sales, issues and settlements) (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        
Purchases, Sales, Issues and Settlements, Net, assets $ 209 $ 1,804 $ 1,187 $ 1,791
Transfers into Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period 14 17 37 (55)
Transfers out Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period. (25) 10 (2) 12
Liabilities [Member]
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, liabilities 0 2 1 5
Sales, liabilities (46) (3) (58) (13)
Settlements, liabilities 75 125 137 218
Purchases, Sales, Issues and Settlements, Net, liabilities 29 124 80 210
Policyholder contract deposits
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, liabilities 0 0 0 0
Sales, liabilities (46) (6) (58) (12)
Settlements, liabilities 43 57 84 68
Purchases, Sales, Issues and Settlements, Net, liabilities (3) 51 26 56
Derivative liabilities, net
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, liabilities 0 2 1 5
Sales, liabilities 0 3 0 (1)
Settlements, liabilities 18 65 20 128
Purchases, Sales, Issues and Settlements, Net, liabilities 18 70 21 132
Long-term debt
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, liabilities 0 0 0 0
Sales, liabilities 0 0 0 0
Settlements, liabilities 14 3 33 22
Purchases, Sales, Issues and Settlements, Net, liabilities 14 3 33 22
Assets [Member]
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 1,887 3,969 4,773 6,557
Sales, assets (64) (230) (166) (886)
Settlements, assets (1,614) (1,935) (3,420) (3,880)
Purchases, Sales, Issues and Settlements, Net, assets 209 1,804 1,187 1,791
Bonds available for sale
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 1,700 3,469 4,128 5,500
Sales, assets (41) (213) (125) (771)
Settlements, assets (933) (1,002) (1,910) (2,014)
Purchases, Sales, Issues and Settlements, Net, assets 726 2,254 2,093 2,715
Bonds available for sale | Obligations of states, municipalities and political subdivisions
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 48 150 936 308
Sales, assets (27) (81) (32) (103)
Settlements, assets (14) 0 (51) 0
Purchases, Sales, Issues and Settlements, Net, assets 7 69 853 205
Bonds available for sale | Non-U.S. government
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 5 5 7 8
Sales, assets 0 0 0 0
Settlements, assets (1) (1) (1) (2)
Purchases, Sales, Issues and Settlements, Net, assets 4 4 6 6
Bonds available for sale | Corporate debt
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 63 211 119 308
Sales, assets (1) (114) (8) (114)
Settlements, assets (133) (89) (178) (164)
Purchases, Sales, Issues and Settlements, Net, assets (71) 8 (67) 30
Bonds available for sale | Residential mortgage backed securities (RMBS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 665 2,110 1,752 2,712
Sales, assets (11) 0 (26) (231)
Settlements, assets (587) (581) (1,102) (1,215)
Purchases, Sales, Issues and Settlements, Net, assets 67 1,529 624 1,266
Bonds available for sale | Commercial mortgage-backed securities (CMBS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 27 320 92 693
Sales, assets 0 (18) (57) (164)
Settlements, assets (34) (39) (92) (341)
Purchases, Sales, Issues and Settlements, Net, assets (7) 263 (57) 188
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 892 673 1,222 1,471
Sales, assets (2) 0 (2) (159)
Settlements, assets (164) (292) (486) (292)
Purchases, Sales, Issues and Settlements, Net, assets 726 381 734 1,020
Other Bond securities
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 44 237 206 550
Sales, assets (22) 0 (40) (58)
Settlements, assets (530) (786) (1,112) (1,503)
Purchases, Sales, Issues and Settlements, Net, assets (508) (549) (946) (1,011)
Other Bond securities | Corporate debt
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets       0
Sales, assets       0
Settlements, assets       0
Other Bond securities | Residential mortgage backed securities (RMBS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 21 108 162 213
Sales, assets (14) 0 (19) 0
Settlements, assets (39) (44) (71) (75)
Purchases, Sales, Issues and Settlements, Net, assets (32) 64 72 138
Other Bond securities | Commercial mortgage-backed securities (CMBS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 0 0 0 19
Sales, assets 0 0 (6) (58)
Settlements, assets (40) (41) (125) (101)
Purchases, Sales, Issues and Settlements, Net, assets (40) (41) (131) (140)
Other Bond securities | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 23 129 44 318
Sales, assets (8) 0 (15) 0
Settlements, assets (451) (701) (916) (1,327)
Purchases, Sales, Issues and Settlements, Net, assets (436) (572) (887) (1,009)
Equity securities
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets   58 0 59
Sales, assets   (1) 0 (11)
Settlements, assets   0 0 (1)
Purchases, Sales, Issues and Settlements, Net, assets   57 0 47
Other invested assets
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 137 205 433 448
Sales, assets (1) (16) (1) (46)
Settlements, assets (151) (147) (398) (362)
Purchases, Sales, Issues and Settlements, Net, assets (15) 42 34 40
Mortgage and other loans receivable, net of allowance
       
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation        
Purchases, assets 6   6  
Purchases, Sales, Issues and Settlements, Net, assets $ 6   $ 6