XML 84 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 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, Sales, Issues and Settlements, Net, assets $ 607 $ 142 $ 1,794 $ 1,933
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 (2) 43 35 (12)
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. 52 18 50 30
Liabilities
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, liabilities 0 4 1 9
Sales, liabilities (38) (4) (96) (17)
Settlements, liabilities 14 (943) 151 (725)
Purchases, Sales, Issues and Settlements, Net, liabilities (24) (943) 56 (733)
Policyholder contract deposits
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, liabilities 0 0 0 0
Sales, liabilities (36) (4) (94) (16)
Settlements, liabilities 34 (47) 118 21
Purchases, Sales, Issues and Settlements, Net, liabilities (2) (51) 24 5
Derivative liabilities, net
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, liabilities 0 4 1 9
Sales, liabilities (2) 0 (2) (1)
Settlements, liabilities (21) (897) (1) (769)
Purchases, Sales, Issues and Settlements, Net, liabilities (23) (893) (2) (761)
Long-term debt
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, liabilities 0 0 0 0
Sales, liabilities 0 0 0 0
Settlements, liabilities 1 1 34 23
Purchases, Sales, Issues and Settlements, Net, liabilities 1 1 34 23
Assets [Member]
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 2,794 2,178 7,567 8,734
Sales, assets (316) (127) (482) (1,013)
Settlements, assets (1,871) (1,909) (5,291) (5,788)
Purchases, Sales, Issues and Settlements, Net, assets 607 142 1,794 1,933
Bonds available for sale
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 2,512 1,898 6,640 7,398
Sales, assets (300) (37) (425) (808)
Settlements, assets (1,160) (1,108) (3,070) (3,122)
Purchases, Sales, Issues and Settlements, Net, assets 1,052 753 3,145 3,468
Bonds available for sale | Obligations of states, municipalities and political subdivisions
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 66 194 1,002 502
Sales, assets (3) (34) (35) (137)
Settlements, assets (20) 0 (71) 0
Purchases, Sales, Issues and Settlements, Net, assets 43 160 896 365
Bonds available for sale | Non-U.S. government
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 1 1 8 9
Sales, assets 0 0 0 0
Settlements, assets 0 0 (1) (2)
Purchases, Sales, Issues and Settlements, Net, assets 1 1 7 7
Bonds available for sale | Corporate debt
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 22 146 141 454
Sales, assets 0 0 (8) (114)
Settlements, assets (95) (146) (273) (310)
Purchases, Sales, Issues and Settlements, Net, assets (73) 0 (140) 30
Bonds available for sale | Residential mortgage backed securities (RMBS)
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 1,062 750 2,814 3,462
Sales, assets (62) 0 (88) (231)
Settlements, assets (625) (623) (1,727) (1,838)
Purchases, Sales, Issues and Settlements, Net, assets 375 127 999 1,393
Bonds available for sale | Commercial mortgage-backed securities (CMBS)
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 276 179 368 872
Sales, assets (167) (3) (224) (167)
Settlements, assets (95) (74) (187) (415)
Purchases, Sales, Issues and Settlements, Net, assets 14 102 (43) 290
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 1,085 628 2,307 2,099
Sales, assets (68) 0 (70) (159)
Settlements, assets (325) (265) (811) (557)
Purchases, Sales, Issues and Settlements, Net, assets 692 363 1,426 1,383
Other Bond securities
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 6 31 212 581
Sales, assets (16) (87) (56) (145)
Settlements, assets (500) (562) (1,612) (2,065)
Purchases, Sales, Issues and Settlements, Net, assets (510) (618) (1,456) (1,629)
Other Bond securities | Corporate debt
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
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 [Line Items]        
Purchases, assets 0 31 162 244
Sales, assets (3) (12) (22) (12)
Settlements, assets (36) (27) (107) (102)
Purchases, Sales, Issues and Settlements, Net, assets (39) (8) 33 130
Other Bond securities | Commercial mortgage-backed securities (CMBS)
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 0 0 0 19
Sales, assets (9) (9) (15) (67)
Settlements, assets (11) (44) (136) (145)
Purchases, Sales, Issues and Settlements, Net, assets (20) (53) (151) (193)
Other Bond securities | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 6 0 50 318
Sales, assets (4) (66) (19) (66)
Settlements, assets (453) (491) (1,369) (1,818)
Purchases, Sales, Issues and Settlements, Net, assets (451) (557) (1,338) (1,566)
Equity securities
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets   0 0 58
Sales, assets   0 0 (11)
Settlements, assets   (48) 0 (48)
Purchases, Sales, Issues and Settlements, Net, assets   (48) 0 (1)
Other invested assets
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 276 249 709 697
Sales, assets 0 (3) (1) (49)
Settlements, assets (211) (191) (609) (553)
Purchases, Sales, Issues and Settlements, Net, assets 65 55 99 95
Mortgage and other loans receivable, net of allowance
       
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 0   6  
Purchases, Sales, Issues and Settlements, Net, assets $ 0   $ 6