XML 100 R48.htm IDEA: XBRL DOCUMENT v3.7.0.1
FAIR VALUE MEASUREMENTS (Details - Gross components of purchases, sales, issues and settlements) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, Sales, Issues and Settlements, Net, assets $ (1,820) $ (299)
Transfers into Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period (8) (13)
Transfers out Level 3 at end of reporting period, net gains (losses) included in realized and unrealized gains and losses related to Level 3 for the period. 1 (45)
Liabilities    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, liabilities 0 (2)
Sales, liabilities 70 130
Settlements, liabilities 8 (8)
Purchases, Sales, Issues and Settlements, Net, liabilities 78 120
Policyholder contract deposits    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, liabilities 0 0
Sales, liabilities 70 130
Settlements, liabilities 14 (13)
Purchases, Sales, Issues and Settlements, Net, liabilities 84 117
Derivative liabilities, net    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, liabilities 0 (2)
Sales, liabilities 0 0
Settlements, liabilities 19 6
Purchases, Sales, Issues and Settlements, Net, liabilities 19 4
Long-term debt    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, liabilities 0 0
Sales, liabilities 0 0
Settlements, liabilities (25) (1)
Purchases, Sales, Issues and Settlements, Net, liabilities (25) (1)
Assets    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 535 1,350
Sales, assets (495) (203)
Settlements, assets (1,860) (1,446)
Purchases, Sales, Issues and Settlements, Net, assets (1,820) (299)
Bonds available for sale    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 428 1,203
Sales, assets (317) (89)
Settlements, assets (1,412) (947)
Purchases, Sales, Issues and Settlements, Net, assets (1,301) 167
Bonds available for sale | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 37 29
Sales, assets (5) 0
Settlements, assets (11) (15)
Purchases, Sales, Issues and Settlements, Net, assets 21 14
Bonds available for sale | Non-U.S. government    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 0 1
Sales, assets (1) 0
Settlements, assets 0 (1)
Purchases, Sales, Issues and Settlements, Net, assets (1) 0
Bonds available for sale | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 0 29
Sales, assets 0 0
Settlements, assets (13) 0
Purchases, Sales, Issues and Settlements, Net, assets (13) 29
Bonds available for sale | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 339 503
Sales, assets (244) (58)
Settlements, assets (953) (678)
Purchases, Sales, Issues and Settlements, Net, assets (858) (233)
Bonds available for sale | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 39 102
Sales, assets (67) (31)
Settlements, assets (320) (152)
Purchases, Sales, Issues and Settlements, Net, assets (348) (81)
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 13 539
Sales, assets 0 0
Settlements, assets (115) (101)
Purchases, Sales, Issues and Settlements, Net, assets (102) 438
Other bond securities    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 98 124
Sales, assets (178) (114)
Settlements, assets (430) (455)
Purchases, Sales, Issues and Settlements, Net, assets (510) (445)
Other bond securities | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 0 0
Sales, assets 0 0
Settlements, assets 0 0
Purchases, Sales, Issues and Settlements, Net, assets 0 0
Other bond securities | Non-U.S. government    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 0 0
Sales, assets 0 0
Settlements, assets 0 0
Purchases, Sales, Issues and Settlements, Net, assets 0 0
Other bond securities | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 0 0
Sales, assets 0 0
Settlements, assets 0 0
Purchases, Sales, Issues and Settlements, Net, assets 0 0
Other bond securities | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 98 63
Sales, assets (167) (26)
Settlements, assets (56) (50)
Purchases, Sales, Issues and Settlements, Net, assets (125) (13)
Other bond securities | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 0 53
Sales, assets (11) (71)
Settlements, assets (6) (3)
Purchases, Sales, Issues and Settlements, Net, assets (17) (21)
Other bond securities | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 0 8
Sales, assets 0 (17)
Settlements, assets (368) (402)
Purchases, Sales, Issues and Settlements, Net, assets (368) (411)
Equity securities    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 8 0
Sales, assets 0 0
Settlements, assets 0 0
Purchases, Sales, Issues and Settlements, Net, assets 8 0
Other equity securities    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 0 14
Sales, assets 0 0
Settlements, assets 0 (14)
Purchases, Sales, Issues and Settlements, Net, assets 0 0
Other invested assets    
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]    
Purchases, assets 1 9
Sales, assets 0 0
Settlements, assets (18) (30)
Purchases, Sales, Issues and Settlements, Net, assets $ (17) $ (21)