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Shares and Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2015
Shares and Stockholders' Equity [Abstract]  
Changes In Common stock (Number Of Shares)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2015

 

2014

 

2013

 

Series A Preferred Stock

 

 

 

 

 

 

Balance as of beginning-of-year

 -

 

 -

 

 9,532

 

Conversion of convertible preferred stock (1)

 -

 

 -

 

 (5,818

)

Redemption of convertible preferred stock

 -

 

 -

 

 (3,714

)

Balance as of end-of-year

 -

 

 -

 

 -

 

 

 

 

 

 

 

 

Common Stock

 

 

 

 

 

 

Balance as of beginning-of-year

 256,551,440

 

 262,896,701

 

 271,402,586

 

Conversion of convertible preferred stock (1)

 -

 

 -

 

 93,088

 

Stock issued for exercise of warrants

 1,168,966

 

 4,356,385

 

 1,981,856

 

Stock compensation/issued for benefit plans

 2,108,155

 

 1,770,430

 

 1,399,995

 

Retirement/cancellation of shares

 (15,992,668

)

 (12,472,076

)

 (11,980,824

)

Balance as of end-of-year

 243,835,893

 

 256,551,440

 

 262,896,701

 

 

 

 

 

 

 

 

Common Stock as of End-of-Year

 

 

 

 

 

 

Assuming conversion of preferred stock

 243,835,893

 

 256,551,440

 

 262,896,701

 

Diluted basis

 247,732,609

 

 261,538,593

 

 272,196,891

 

 

(1)

Represents the conversion of Series A preferred stock into common stock.
Reconciliation Of The Denominator Calculations Of Basic And Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2015

 

2014

 

2013

 

Weighted-average shares, as used in basic calculation

 250,629,243

 

 260,877,533

 

 265,631,377

 

Shares to cover exercise of outstanding warrants

 1,389,768

 

 4,342,860

 

 9,884,307

 

Shares to cover conversion of preferred stock

 -

 

 -

 

 74,582

 

Shares to cover non-vested stock

 1,302,859

 

 1,522,737

 

 1,491,483

 

Average stock options outstanding during the year

 3,162,508

 

 3,828,292

 

 2,873,295

 

Assumed acquisition of shares with assumed proceeds

 

 

 

 

 

 

from exercising outstanding warrants

 (262,709

)

 (894,175

)

 (2,630,939

)

Assumed acquisition of shares with assumed

 

 

 

 

 

 

proceeds and benefits from exercising stock

 

 

 

 

 

 

options (at average market price for the year)

 (2,258,658

)

 (2,679,571

)

 (2,036,098

)

Shares repurchaseable from measured but

 

 

 

 

 

 

unrecognized stock option expense

 (45,958

)

 (75,268

)

 (139,131

)

Average deferred compensation shares

 1,021,059

 

 1,041,587

 

 -

 

Weighted-average shares, as used in diluted calculation

 254,938,112

 

 267,963,995

 

 275,148,876

 

 

Components And Changes In Accumulated OCI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

2015

 

2014

 

2013

 

Unrealized Gain (Loss) on AFS Securities

 

 

 

 

 

 

 

 

 

 

Balance as of beginning-of-year

 

$

 3,213

 

$

 1,538

 

$

 4,020

 

Unrealized holding gains (losses) arising during the year

 

 

 (4,541

)

 

 3,855

 

 

 (5,766

)

Change in foreign currency exchange rate adjustment

 

 

 (45

)

 

 (47

)

 

 19

 

Change in DAC, VOBA, DSI, future contract benefits and other contract holder funds

 

 

 1,294

 

 

 (1,252

)

 

 1,834

 

Income tax benefit (expense)

 

 

 1,147

 

 

 (895

)

 

 1,369

 

Less:

 

 

 

 

 

 

 

 

 

 

Reclassification adjustment for gains (losses) included in net income (loss)

 

 

 145

 

 

 10

 

 

 (67

)

Associated amortization of DAC, VOBA, DSI and DFEL

 

 

 (27

)

 

 (32

)

 

 (29

)

Income tax benefit (expense)

 

 

 (41

)

 

 8

 

 

 34

 

Balance as of end-of-year

 

$

 991

 

$

 3,213

 

$

 1,538

 

Unrealized OTTI on AFS Securities

 

 

 

 

 

 

 

 

 

 

Balance as of beginning-of-year

 

$

 26

 

$

 (7

)

$

 (61

)

(Increases) attributable to:

 

 

 

 

 

 

 

 

 

 

Gross OTTI recognized in OCI during the year

 

 

 (30

)

 

 (12

)

 

 (11

)

Change in DAC, VOBA, DSI and DFEL

 

 

 4

 

 

 2

 

 

 1

 

Income tax benefit (expense)

 

 

 9

 

 

 4

 

 

 4

 

Decreases attributable to:

 

 

 

 

 

 

 

 

 

 

Changes in fair value, sales, maturities or other settlements of AFS securities

 

 

 43

 

 

 65

 

 

 100

 

Change in DAC, VOBA, DSI and DFEL

 

 

 (17

)

 

 (5

)

 

 (8

)

Income tax benefit (expense)

 

 

 (9

)

 

 (21

)

 

 (32

)

Balance as of end-of-year

 

$

 26

 

$

 26

 

$

 (7

)

Unrealized Gain (Loss) on Derivative Instruments

 

 

 

 

 

 

 

 

 

 

Balance as of beginning-of-year

 

$

 139

 

$

 256

 

$

 163

 

Unrealized holding gains (losses) arising during the year

 

 

 (241

)

 

 (250

)

 

 143

 

Change in foreign currency exchange rate adjustment

 

 

 48

 

 

 50

 

 

 (19

)

Change in DAC, VOBA, DSI and DFEL

 

 

 2

 

 

 2

 

 

 5

 

Income tax benefit (expense)

 

 

 66

 

 

 69

 

 

 (45

)

Less:

 

 

 

 

 

 

 

 

 

 

Reclassification adjustment for gains (losses) included in net income (loss)

 

 

 (183

)

 

 (19

)

 

 (15

)

Associated amortization of DAC, VOBA, DSI and DFEL

 

 

 1

 

 

 1

 

 

 1

 

Income tax benefit (expense)

 

 

 64

 

 

 6

 

 

 5

 

Balance as of end-of-year

 

$

 132

 

$

 139

 

$

 256

 

Foreign Currency Translation Adjustment

 

 

 

 

 

 

 

 

 

 

Balance as of beginning-of-year

 

$

 (3

)

$

 (5

)

$

 (4

)

Foreign currency translation adjustment arising during the year

 

 

 (2

)

 

 2

 

 

 (1

)

Balance as of end-of-year

 

$

 (5

)

$

 (3

)

$

 (5

)

Funded Status of Employee Benefit Plans

 

 

 

 

 

 

 

 

 

 

Balance as of beginning-of-year

 

$

 (279

)

$

 (219

)

$

 (310

)

Adjustment arising during the year

 

 

 (21

)

 

 (96

)

 

 140

 

Income tax benefit (expense)

 

 

 1

 

 

 36

 

 

 (49

)

Balance as of end-of-year

 

$

 (299

)

$

 (279

)

$

 (219

)

 

Schedule of Reclassifications Out Of AOCI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

 

Unrealized Gain (Loss) on AFS Securities

 

 

 

 

 

 

 

 

 

 

 

 

Gross reclassification

$

 145

 

 

$

 10

 

 

$

 (67

)

Total realized gain (loss)

Associated amortization of DAC, 

 

 

 

 

 

 

 

 

 

 

 

 

VOBA, DSI and DFEL

 

 (27

)

 

 

 (32

)

 

 

 (29

)

Total realized gain (loss)

Reclassification before income

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing

tax benefit (expense)

 

 118

 

 

 

 (22

)

 

 

 (96

)

operations before taxes

Income tax benefit (expense)

 

 (41

)

 

 

 8

 

 

 

 34

 

Federal income tax expense (benefit)

Reclassification, net of income tax

$

 77

 

 

$

 (14

)

 

$

 (62

)

Net income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized OTTI on AFS Securities

 

 

 

 

 

 

 

 

 

 

 

 

Gross reclassification

$

 2

 

 

$

 65

 

 

$

 100

 

Total realized gain (loss)

Change in DAC, VOBA, DSI and DFEL

 

 -

 

 

 

 (5

)

 

 

 (8

)

Total realized gain (loss)

Reclassification before income

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing

tax benefit (expense)

 

 2

 

 

 

 60

 

 

 

 92

 

operations before taxes

Income tax benefit (expense)

 

 -

 

 

 

 (21

)

 

 

 (32

)

Federal income tax expense (benefit)

Reclassification, net of income tax

$

 2

 

 

$

 39

 

 

$

 60

 

Net income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized Gain (Loss) on Derivative Instruments

 

 

 

 

 

 

 

 

 

 

Gross reclassifications:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate contracts

$

 (190

)

 

$

 (22

)

 

$

 (21

)

Net investment income

Interest rate contracts

 

 1

 

 

 

 3

 

 

 

 3

 

Interest and debt expense

Foreign currency contracts

 

 6

 

 

 

 -

 

 

 

 3

 

Net investment income

Total gross reclassifications

 

 (183

)

 

 

 (19

)

 

 

 (15

)

 

Associated amortization of DAC,

 

 

 

 

 

 

 

 

 

 

 

 

VOBA, DSI and DFEL

 

 1

 

 

 

 1

 

 

 

 1

 

Commissions and other expenses

Reclassifications before income

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing

tax benefit (expense)

 

 (182

)

 

 

 (18

)

 

 

 (14

)

operations before taxes

Income tax benefit (expense)

 

 64

 

 

 

 6

 

 

 

 5

 

Federal income tax expense (benefit)

Reclassification, net of income tax

$

 (118

)

 

$

 (12

)

 

$

 (9

)

Net income (loss)