XML 149 R70.htm IDEA: XBRL DOCUMENT v3.6.0.2
SEGMENT INFORMATION (Details - Continuing operations by reportable segment - Pretax operating income to pre-tax income)) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Reconciling items from Operating revenues and Pre-tax operating income (loss) to revenues and pre-tax income (loss):                      
Net gains (loss) on extinguishment of debt $ 2 $ 14 $ (7) $ (83) $ 0 $ (346) $ (342) $ (68) $ (74) $ (756) $ (2,282)
Net reserve discount benefit (charge)                 422 71 (478)
Restructuring and other costs 206 210 90 188 222 274 0 0      
Revenues and pre-tax income $ (3,455) $ 737 $ 2,858 $ (214) $ (2,932) $ (115) $ 2,552 $ 3,776 (74) 3,281 10,501
Reconciling items from pre-tax operating income to pre-tax income | Revenue                      
Reconciling items from Operating revenues and Pre-tax operating income (loss) to revenues and pre-tax income (loss):                      
Changes in fair values of securities used to hedge guaranteed living benefits                 120 (43) 260
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 0 0 0
Other income (expense) - net                 0 0 0
Net gains (loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 (1,944) 776 739
Net gain (loss) on sale of divested businesses                 0 (48) 1,602
Non-operating litigation reserves and settlements                 44 94 804
Reserve development related to non-operating run-off insurance business                 0 0 0
Restructuring and other costs                 0 0 0
Other                 (44) (43) 0
Revenues and pre-tax income                 52,367 58,327 64,406
Reconciling items from pre-tax operating income to pre-tax income | Net investment income                      
Reconciling items from Operating revenues and Pre-tax operating income (loss) to revenues and pre-tax income (loss):                      
Changes in fair values of securities used to hedge guaranteed living benefits                 120 (43) 260
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 0 0 0
Other income (expense) - net                 0 0 0
Net gains (loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 0 0 0
Net gain (loss) on sale of divested businesses                 0 0 0
Non-operating litigation reserves and settlements                 0 0 0
Reserve development related to non-operating run-off insurance business                 0 0 0
Restructuring and other costs                 0 0 0
Other                 0 0 0
Revenues and pre-tax income                 14,065 14,053 16,079
Reconciling items from pre-tax operating income to pre-tax income | Interest expense                      
Reconciling items from Operating revenues and Pre-tax operating income (loss) to revenues and pre-tax income (loss):                      
Changes in fair values of securities used to hedge guaranteed living benefits                 0 0 0
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 0 0 0
Other income (expense) - net                 0 0 0
Net gains (loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 0 0 0
Net gain (loss) on sale of divested businesses                 0 0 0
Non-operating litigation reserves and settlements                 0 0 0
Reserve development related to non-operating run-off insurance business                 0 0 0
Restructuring and other costs                 0 0 0
Other                 0 0 0
Revenues and pre-tax income                 1,260 1,281 1,718
Reconciling items from pre-tax operating income to pre-tax income | Pre-Tax Operating Income (loss)                      
Reconciling items from Operating revenues and Pre-tax operating income (loss) to revenues and pre-tax income (loss):                      
Changes in fair values of securities used to hedge guaranteed living benefits                 120 (43) 260
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 195 (15) (217)
Other income (expense) - net                 42 (233) 0
Net gains (loss) on extinguishment of debt                 (74) (756) (2,282)
Net realized capital gains (losses)                 (1,944) 776 739
Net gain (loss) on sale of divested businesses                 545 (59) 2,169
Non-operating litigation reserves and settlements                 41 82 258
Reserve development related to non-operating run-off insurance business                 0 (30) 0
Net reserve discount benefit (charge)                 427 71 (478)
Pension expense related to a one-time lump sum payment to former employees                 (147)    
Restructuring and other costs                 (694) (496) 0
Other                 0 0 0
Revenues and pre-tax income                 (74) 3,281 10,501
Reconciling items from pre-tax operating income to pre-tax income | Depreciation and Amortization                      
Reconciling items from Operating revenues and Pre-tax operating income (loss) to revenues and pre-tax income (loss):                      
Changes in fair values of securities used to hedge guaranteed living benefits                   0 0
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 (276) 0 56
Other income (expense) - net                   0 0
Net gains (loss) on extinguishment of debt                   0 0
Net realized capital gains (losses)                   0 0
Net gain (loss) on sale of divested businesses                   0 0
Non-operating litigation reserves and settlements                   0 0
Reserve development related to non-operating run-off insurance business                   0 0
Restructuring and other costs                   0 0
Other                   0 0
Revenues and pre-tax income                 $ 4,521 $ 5,236 $ 5,330