XML 77 R50.htm IDEA: XBRL DOCUMENT v2.4.0.8
FAIR VALUE MEASUREMENTS (Details - Investments in Certain Entities Carried at Fair Value Using Net Asset Value Per Share) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Dec. 31, 2013
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent $ 8,396 $ 7,732
Unfunded Commitments 961 977
Private equity funds:
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 3,427 3,347
Unfunded Commitments 950 949
Average original expected lives 10 years  
Investment redemption notice period (in days/years) 1 Year  
Second investment redemption notice period 2 years  
Private equity funds: | Expected remaining lives of 3 years or less
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
First threshold level of remaining lives 3 years  
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part 74.00%  
Private equity funds: | Expected remaining lives of less than 4 to 6 years
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Second threshold level of remaining lives 6 years  
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part 18.00%  
Private equity funds: | Expected remaining lives of less than 7 to 10 years
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Third threshold level of remaining lives 10 years  
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part 8.00%  
Leveraged buyout
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 2,496 2,544
Unfunded Commitments 474 578
Real Estate / Infrastructure
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 427 346
Unfunded Commitments 209 86
Venture capital
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 136 140
Unfunded Commitments 10 13
Distressed
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 174 183
Unfunded Commitments 44 34
Other..
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 194 134
Unfunded Commitments 213 238
Hedge funds:
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 4,969 4,385
Unfunded Commitments 11 28
Hedge fund investments redeemable monthly (as a percent) 15.00%  
Hedge fund investments redeemable quarterly (as a percent) 46.00%  
Hedge fund investments redeemable semi-annually (as a percent) 16.00%  
Hedge fund investments redeemable annually (as a percent) 23.00%  
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part 51.00%  
Investment redemption notice period (in days/years) 1 day to 180 days  
Event-driven
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 1,188 976
Unfunded Commitments 2 2
Long-short
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 2,096 1,759
Unfunded Commitments 4 11
Macro
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 486 612
Unfunded Commitments 0 0
Distressed.
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 659 594
Unfunded Commitments 5 15
Emerging markets
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 302 287
Unfunded Commitments 0 0
Other hedge funds
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 238 157
Unfunded Commitments $ 0 $ 0