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FAIR VALUE MEASUREMENTS (Details - Changes in Level 3 Recurring Fair Value Measurements) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance Beginning of Period $ 44,263 $ 46,547
Net Realized and Unrealized Gains (Losses) Included in Income 2,405 2,462
Other Comprehensive Income (Loss) (1,855) 907
Purchases, Sales, Issues and Settlements, Net (2,345) 1,165
Gross Transfers in, assets 2,422 4,797
Gross Transfers out, assets (2,548) (11,615)
Balance End of Period 42,342 44,263
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (129) 298
Balance at the Beginning of the Period (2,794) (2,121)
Net Realized and Unrealized Gains (Losses) Included in Income (37) (659)
Accumulated Other Comprehensive Income (loss)   (1)
Purchases, Sales, Issues and Settlements-Net (197) (32)
Gross Transfers in, liabilities   (21)
Gross Transfers out, liabilities   40
Balance at the End of the Period (3,028) (2,794)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 249 152
Policyholder contract deposits    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance at the Beginning of the Period (1,509) (312)
Net Realized and Unrealized Gains (Losses) Included in Income (315) (1,127)
Accumulated Other Comprehensive Income (loss) 0 (54)
Purchases, Sales, Issues and Settlements-Net (465) (16)
Gross Transfers in, liabilities 0 0
Gross Transfers out, liabilities 0 0
Balance at the End of the Period (2,289) (1,509)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 64 (218)
Derivative liabilities, net    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance at the Beginning of the Period (1,072) (1,439)
Net Realized and Unrealized Gains (Losses) Included in Income 268 374
Accumulated Other Comprehensive Income (loss)   53
Purchases, Sales, Issues and Settlements-Net 248 (53)
Gross Transfers in, liabilities   49
Gross Transfers out, liabilities   (56)
Balance at the End of the Period (556) (1,072)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 168 355
Interest rate contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance at the Beginning of the Period (74) (100)
Net Realized and Unrealized Gains (Losses) Included in Income 0 (10)
Accumulated Other Comprehensive Income (loss) 0 0
Purchases, Sales, Issues and Settlements-Net 24 39
Gross Transfers in, liabilities 0 0
Gross Transfers out, liabilities 0 (3)
Balance at the End of the Period (50) (74)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities (1) (10)
Foreign exchange contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance at the Beginning of the Period (8) 0
Net Realized and Unrealized Gains (Losses) Included in Income 1 2
Accumulated Other Comprehensive Income (loss) 0 0
Purchases, Sales, Issues and Settlements-Net 0 (10)
Gross Transfers in, liabilities 0 0
Gross Transfers out, liabilities 0 0
Balance at the End of the Period (7) (8)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 1 3
Equity contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance at the Beginning of the Period 47 49
Net Realized and Unrealized Gains (Losses) Included in Income 2 21
Accumulated Other Comprehensive Income (loss) 0 0
Purchases, Sales, Issues and Settlements-Net 5 (18)
Gross Transfers in, liabilities 0 48
Gross Transfers out, liabilities 0 (53)
Balance at the End of the Period 54 47
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities (3) 13
Commodity contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance at the Beginning of the Period 0 1
Net Realized and Unrealized Gains (Losses) Included in Income 0 (1)
Accumulated Other Comprehensive Income (loss) 0 0
Purchases, Sales, Issues and Settlements-Net 0 0
Gross Transfers in, liabilities 0 0
Gross Transfers out, liabilities 0 0
Balance at the End of the Period 0 0
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 0 (1)
Credit contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance at the Beginning of the Period (978) (1,280)
Net Realized and Unrealized Gains (Losses) Included in Income 186 263
Accumulated Other Comprehensive Income (loss) 0 0
Purchases, Sales, Issues and Settlements-Net 287 39
Gross Transfers in, liabilities 0 0
Gross Transfers out, liabilities 0 0
Balance at the End of the Period (505) (978)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 95 268
Other contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance at the Beginning of the Period (59) (109)
Net Realized and Unrealized Gains (Losses) Included in Income 79 99
Accumulated Other Comprehensive Income (loss) 0 53
Purchases, Sales, Issues and Settlements-Net (68) (103)
Gross Transfers in, liabilities 0 1
Gross Transfers out, liabilities 0 0
Balance at the End of the Period (48) (59)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 76 82
Long-term debt    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance at the Beginning of the Period (213) (370)
Net Realized and Unrealized Gains (Losses) Included in Income 10 94
Accumulated Other Comprehensive Income (loss)   0
Purchases, Sales, Issues and Settlements-Net 20 37
Gross Transfers in, liabilities   (70)
Gross Transfers out, liabilities   96
Balance at the End of the Period (183) (213)
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities 17 15
Bonds available for sale    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance Beginning of Period 29,683 30,001
Net Realized and Unrealized Gains (Losses) Included in Income 1,294 1,180
Other Comprehensive Income (Loss) (1,066) 509
Purchases, Sales, Issues and Settlements, Net (436) 3,092
Gross Transfers in, assets 1,522 4,181
Gross Transfers out, assets (2,180) (9,280)
Balance End of Period 28,817 29,683
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets   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 2,159 1,080
Net Realized and Unrealized Gains (Losses) Included in Income 1 0
Other Comprehensive Income (Loss) (85) 233
Purchases, Sales, Issues and Settlements, Net 154 914
Gross Transfers in, assets 0 119
Gross Transfers out, assets (105) (187)
Balance End of Period 2,124 2,159
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets   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 30 16
Net Realized and Unrealized Gains (Losses) Included in Income 0 1
Other Comprehensive Income (Loss) (7) (1)
Purchases, Sales, Issues and Settlements, Net 10 9
Gross Transfers in, assets 0 8
Gross Transfers out, assets (1) (3)
Balance End of Period 32 30
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets   0
Bonds available for sale | Corporate debt    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance Beginning of Period 1,883 1,255
Net Realized and Unrealized Gains (Losses) Included in Income 15 12
Other Comprehensive Income (Loss) (109) 19
Purchases, Sales, Issues and Settlements, Net (210) (257)
Gross Transfers in, assets 1,515 1,363
Gross Transfers out, assets (1,724) (509)
Balance End of Period 1,370 1,883
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets   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 16,805 14,941
Net Realized and Unrealized Gains (Losses) Included in Income 1,052 1,012
Other Comprehensive Income (Loss) (512) 53
Purchases, Sales, Issues and Settlements, Net (808) 796
Gross Transfers in, assets 0 120
Gross Transfers out, assets 0 (117)
Balance End of Period 16,537 16,805
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets   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 2,696 5,735
Net Realized and Unrealized Gains (Losses) Included in Income 77 69
Other Comprehensive Income (Loss) (95) 243
Purchases, Sales, Issues and Settlements, Net 118 85
Gross Transfers in, assets 0 83
Gross Transfers out, assets (211) (3,519)
Balance End of Period 2,585 2,696
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets   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 6,110 6,974
Net Realized and Unrealized Gains (Losses) Included in Income 149 86
Other Comprehensive Income (Loss) (258) (38)
Purchases, Sales, Issues and Settlements, Net 300 1,545
Gross Transfers in, assets 7 2,488
Gross Transfers out, assets (139) (4,945)
Balance End of Period 6,169 6,110
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets   0
Other bond securities    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance Beginning of Period 8,923 10,615
Net Realized and Unrealized Gains (Losses) Included in Income 675 1,132
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net (1,374) (1,849)
Gross Transfers in, assets 761 446
Gross Transfers out, assets (139) (1,421)
Balance End of Period 8,846 8,923
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (127) 298
Other bond securities | Corporate debt    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance Beginning of Period 0 0
Net Realized and Unrealized Gains (Losses) Included in Income 0 0
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net 1 0
Gross Transfers in, assets 16 0
Gross Transfers out, assets 0 0
Balance End of Period 17 0
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0
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 1,105 937
Net Realized and Unrealized Gains (Losses) Included in Income 32 40
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net 460 97
Gross Transfers in, assets 43 51
Gross Transfers out, assets (59) (20)
Balance End of Period 1,581 1,105
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (27) (13)
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 369 844
Net Realized and Unrealized Gains (Losses) Included in Income (3) (6)
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net (177) (141)
Gross Transfers in, assets 4 124
Gross Transfers out, assets 0 (452)
Balance End of Period 193 369
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (13) (7)
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 7,449 8,834
Net Realized and Unrealized Gains (Losses) Included in Income 646 1,098
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net (1,658) (1,805)
Gross Transfers in, assets 698 271
Gross Transfers out, assets (80) (949)
Balance End of Period 7,055 7,449
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets (87) 318
Equity securities available for sale    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance Beginning of Period 1 1
Net Realized and Unrealized Gains (Losses) Included in Income 2 0
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net (3) (1)
Gross Transfers in, assets 0 3
Gross Transfers out, assets 0 (2)
Balance End of Period 0 1
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 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 1 1
Net Realized and Unrealized Gains (Losses) Included in Income 2 0
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net (3) (1)
Gross Transfers in, assets 0 2
Gross Transfers out, assets 0 (1)
Balance End of Period 0 1
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 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 0
Net Realized and Unrealized Gains (Losses) Included in Income 0 0
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net 0 0
Gross Transfers in, assets 0 0
Gross Transfers out, assets 0 0
Balance End of Period 0 0
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0 0
Equity securities available for sale | Mutual Funds    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance Beginning of Period 0 0
Net Realized and Unrealized Gains (Losses) Included in Income 0 0
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net 0 0
Gross Transfers in, assets 0 1
Gross Transfers out, assets 0 (1)
Balance End of Period 0 0
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    
Balance Beginning of Period 6 0
Net Realized and Unrealized Gains (Losses) Included in Income 0 0
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net 5 6
Gross Transfers in, assets 0 0
Gross Transfers out, assets 0 0
Balance End of Period 11 6
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0  
Other invested assets    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance Beginning of Period 5,650 5,930
Net Realized and Unrealized Gains (Losses) Included in Income 435 150
Other Comprehensive Income (Loss) (789) 398
Purchases, Sales, Issues and Settlements, Net (530) (83)
Gross Transfers in, assets 117 167
Gross Transfers out, assets (229) (912)
Balance End of Period 4,654 5,650
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets 0  
Other equity securities    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Balance Beginning of Period 0 0
Net Realized and Unrealized Gains (Losses) Included in Income (1) 0
Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issues and Settlements, Net (7) 0
Gross Transfers in, assets 22 0
Gross Transfers out, assets 0 0
Balance End of Period 14 $ 0
Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets $ (2)