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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Available-for-sale securities, at fair value:    
Fixed maturity securities (amortized cost: 2011 - $68,988; 2010 - $65,175) $ 75,433 $ 68,030
Variable interest entities' fixed maturity securities (amortized cost: 2011 - $673; 2010 - $570) 700 584
Equity securities (cost: 2011 - $135; 2010 - $179) 139 197
Trading securities 2,675 2,596
Mortgage loans on real estate 6,942 6,752
Real estate 137 202
Policy loans 2,884 2,865
Derivative investments 3,151 1,076
Other investments 1,069 1,038
Total investments 93,130 83,340
Cash and invested cash 4,510 2,741
Deferred acquisition costs and value of business acquired 8,191 8,930
Premiums and fees receivable 408 335
Accrued investment income 981 933
Reinsurance recoverables 6,526 6,527
Funds withheld reinsurance asset 874 911
Goodwill 2,273 3,019
Other assets 2,536 2,458
Separate account assets 83,477 84,630
Total assets 202,906 193,824
Liabilities    
Future contract benefits 19,813 17,527
Other contract holder funds 69,466 66,407
Short-term debt 300 351
Long-term debt 5,391 5,399
Reinsurance related embedded derivatives 168 102
Funds withheld reinsurance liabilities 1,045 1,149
Deferred gain on business sold through reinsurance 394 468
Payables for collateral on investments 3,733 1,659
Variable interest entities' liabilities 193 132
Other liabilities 4,762 3,194
Separate account liabilities 83,477 84,630
Total liabilities 188,742 181,018
Contingencies and Commitments (See Note 11)      
Stockholders Equity    
Preferred stock - 10,000,000 shares authorized; Series A - 10,072 and 10,914 shares issued and outstanding as of December 31, 2011, and December 31, 2010, respectively 0 0
Common stock - 800,000,000 shares authorized; 291,319,222 and 315,718,554 shares issued and outstanding as of December 31, 2011, and December 31, 2010, respectively 7,590 8,124
Retained earnings 4,126 3,934
Accumulated other comprehensive income (loss) 2,448 748
Total stockholders' equity 14,164 12,806
Total liabilities and stockholders' equity $ 202,906 $ 193,824