HELD-FOR-SALE CLASSIFICATION (Tables)

3 Months Ended

Mar. 31, 2017

HELD-FOR-SALE CLASSIFICATION

Summary of assets and liabilities held for sale

The following table summarizes the components of assets and liabilities held-for-sale on the Condensed Consolidated Balance Sheets at March 31,2017 and December 31, 2016:

		March 31,	December 31,
(in millions)		2017		2016
Assets:
Fixed maturity securities	$	5,438	$	6,045
Equity securities		14		149
Mortgage and other loans receivable, net		121		137
Other invested assets		244		2
Short-term investments		181		130
Cash		81		133
Accrued investment income		22		21
Premiums and other receivables, net of allowance		393		351
Reinsurance assets, net of allowance		13		8
Deferred policy acquisition costs		422		471
Other assets		264		273
Assets of businesses held for sale		7,193		7,720
Less: Loss Accrual		(605)		(521)
Total assets held for sale	$	6,588	$	7,199
Liabilities:
Liability for unpaid losses and loss adjustment expenses	$	489	$	402
Unearned premiums		333		297
Future policy benefits for life and accident and health insurance contracts		4,140		4,579
Other policyholder funds		327		378
Long-term debt		108		-
Other liabilities		374		450
Total liabilities held for sale	$	5,771	$	6,106