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CONSOLIDATED STATEMENTS OF INCOME (LOSS) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Insurance premiums $ 606 $ 559 $ 1,825 $ 1,721
Insurance fees 990 864 2,784 2,582
Net investment income 1,146 1,151 3,509 3,522
Realized gain (loss):        
Total other-than-temporary impairment losses on securities (47) (44) (194) (135)
Portion of loss recognized in other comprehensive income (15) (18) (82) (37)
Net other-than-temporary impairment losses on securities recognized in earnings (32) (26) (112) (98)
Realized gain (loss), excluding other-than-temporary impairment losses on securities 102 (137) 140 (72)
Total realized gain (loss) (70) 163 (28) 170
Amortization of deferred gain on business sold through reinsurance 19 19 56 56
Other revenues and fees 123 117 366 362
Expenses        
Interest credited 610 625 1,851 1,864
Benefits 811 664 2,615 2,527
Commissions and other expenses 1,047 1,024 2,731 2,467
Interest and debt expense 68 79 203 223
Total expenses 2,536 2,392 7,400 7,081
Income (loss) from continuing operations before taxes 418 155 1,168 992
Federal income tax expense (benefit) 45 (6) 224 214
Income (loss) from continuing operations 373 161 944 778
Income (loss) from discontinued operations, net of federal income taxes 29 (8) 27 (8)
Net income (loss) 402 153 971 770
Other comprehensive income, net of tax 771 1,437 1,471 1,813
Comprehensive income $ 1,173 $ 1,590 $ 2,442 $ 2,583
Earnings (Loss) Per Common Share - Basic        
Income (loss) from continuing operations (in dollars per share) $ 1.35 $ 0.53 $ 3.33 $ 2.51
Income (loss) from discontinued operations (in dollars per share) $ 0.10 $ (0.03) $ 0.10 $ (0.03)
Net income (loss) (in dollars per share) $ 1.45 $ 0.50 $ 3.43 $ 2.48
Earnings (Loss) Per Common Share - Diluted        
Income (loss) from continuing operations (in dollars per share) $ 1.31 $ 0.50 $ 3.26 $ 2.43
Income (loss) from discontinued operations (in dollars per share) $ 0.10 $ (0.03) $ 0.09 $ (0.03)
Net income (loss) (in dollars per share) $ 1.41 $ 0.47 $ 3.35 $ 2.40