Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Accounting Policies [Abstract]

Impact of ASU 2010-26 Adoption on Consolidated Financial Statements and International Segment

Condensed Consolidated Statement of Income
Year Ended December 31
						Effect of amended
		As previously						accounting					As retrospectively
(In millions)		reported						guidance					adjusted
		2011		2010		2011		2010		2011		2010
Revenues, excluding other revenues	$	21,621	$	20,874	$	-	$	-	$	21,621	$	20,874
Other revenues		254		260		(10)		(6)		244		254
Total Revenues		21,875		21,134		(10)		(6)		21,865		21,128
Benefits and expenses, excluding other operating expenses		13,927		13,457		-		-		13,927		13,457
Other operating expenses		5,980		5,807		82		62		6,062		5,869
Total benefits and expenses		19,907		19,264		82		62		19,989		19,326
Income before Income Taxes		1,968		1,870		(92)		(68)		1,876		1,802
Current income taxes		398		331		-		-		398		331
Deferred income taxes		242		190		(25)		(2)		217		188
Total taxes		640		521		(25)		(2)		615		519
Discontinued Operations		-		-		-		-		-		-
Net income		1,328		1,349		(67)		(66)		1,261		1,283
Less: Net income attributable to Noncontrolling Interest		1		4		-		-		1		4
Shareholders' Net Income	$	1,327	$	1,345	$	(67)	$	(66)	$	1,260	$	1,279
Earnings per share:
Basic	$	4.90	$	4.93	$	(0.25)	$	(0.24)	$	4.65	$	4.69
Diluted	$	4.84	$	4.89	$	(0.25)	$	(0.24)	$	4.59	$	4.65
Condensed Consolidated Balance Sheet
As of December 31
					Effect of amended
	As previously				accounting				As retrospectively
(In millions)	reported				guidance				adjusted
		2011				2011				2011
Deferred policy acquisition costs	$	1,312			$	(495)			$	817
Deferred income taxes, net		632				171				803
Other assets, including other intangibles		1,776				(26)				1,750
All other assets		47,327				-				47,327
Total assets	$	51,047			$	(350)			$	50,697
Net translation of foreign currencies	$	(3)			$	6			$	3
Retained earnings		11,143				(356)				10,787
Other shareholders' equity		(2,796)				-				(2,796)
Total shareholders' equity	$	8,344			$	(350)			$	7,994