XML 22 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Insurance premiums $ 3,246 $ 2,988 $ 2,687
Fee income 5,045 4,673 4,069
Net investment income 4,827 4,859 4,754
Realized gain (loss):      
Total other-than-temporary impairment losses on securities (80) (26) (80)
Portion of loss recognized in other comprehensive income 26 10 10
Net other-than-temporary impairment losses on securities recognized in earnings (54) (16) (70)
Realized gain (loss), excluding other-than-temporary impairment losses on securities (97) 16 (65)
Total realized gain (loss) (151)   (135)
Amortization of deferred gain on business sold through reinsurance 74 74 74
Other revenues 531 960 520
Total revenues 13,572 13,554 11,969
Expenses      
Interest credited 2,508 2,532 2,510
Benefits 5,044 4,679 3,862
Commissions and other expenses 4,318 4,079 3,701
Interest and debt expense 272 267 265
Total expenses 12,142 11,557 10,338
Income (loss) from continuing operations before taxes 1,430 1,997 1,631
Federal income tax expense (benefit) 276 483 387
Income (loss) from continuing operations 1,154 1,514 1,244
Income (loss) from discontinued operations, net of federal income taxes   1  
Net income (loss) 1,154 1,515 1,244
Unrealized investment gains (losses) (2,229) 1,591 (2,335)
Foreign currency translation adjustment (2) 2 (1)
Funded status of employee benefit plans (20) (60) 91
Total other comprehensive income (loss), net of tax (2,251) 1,533 (2,245)
Comprehensive income (loss) $ (1,097) $ 3,048 $ (1,001)
Earnings (Loss) Per Common Share - Basic      
Income (loss) from continuing operations (in dollars per share) $ 4.60 $ 5.81 $ 4.68
Net income (loss) (in dollars per share) 4.60 5.81 4.68
Earnings (Loss) Per Common Share - Diluted      
Income (loss) from continuing operations (in dollars per share) 4.51 5.67 4.52
Net income (loss) (in dollars per share) 4.51 5.67 4.52
Cash dividends declared per common share $ 0.85 $ 0.68 $ 0.52