HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS

3 Months Ended

Mar. 31, 2015

HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS

HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS

4. DISCONTINUED OPERATIONS

Discontinued Operations

In connection with the 2010 sale of American Life Insurance Company (ALICO) to MetLife, Inc. (MetLife), we recognized the following income (loss) from discontinued operations:

Three Months Ended March 31,
(in millions)		2015		2014
Revenues:
Gain (loss) on sale	$	1	$	(1)
Gain (loss) from discontinued operations, before income tax expense		1		(1)
Income tax expense		-		46
Income (loss) from discontinued operations, net of income tax expense	$	1	$	(47)