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Investment Income (Tables)
12 Months Ended
Dec. 31, 2012
Investment Income And Gains And Losses Tables [Abstract]  
Net investment income
(In millions)201220112010
Fixed maturities$ 843$ 817$ 788
Equity securities  4  6  6
Commercial mortgage loans  192  218  221
Policy loans  74  86  90
Real estate  (2)  (2)  (2)
Other long-term investments  59  48  29
Short-term investments and cash  14  10  11
   1,184  1,183  1,143
Less investment expenses  40  37  38
Net investment income$ 1,144$ 1,146$ 1,105
Realized gains and losses on investments table
(In millions)201220112010
Fixed maturities$ 48$ 50$ 87
Equity securities  4  (1)  5
Commercial mortgage loans  (9)  (16)  (23)
Real estate  (1)  (6)  3
Other investments, including derivatives  2  35  3
Realized investment gains (losses), before income taxes  44  62  75
Less income taxes (benefits)  13  21  25
Net realized investment gains (losses)$ 31$ 41$ 50
Impairment on investments table
       
(in millions)201220112010
Credit related (1)$ (20)$ (28)$ (38)
Other   (2)  (25)  (1)
Total $ (22)$ (53)$ (39)
       
(1) Credit-related losses include other-than-temporary declines in fair value of fixed maturities and equity securities and changes in valuation reserves and asset write-downs related to commercial mortgage loans and investments in real estate entities. There were no credit losses on fixed maturities for which a portion of the impairment was recognized in other comprehensive income.
       
Realized investment results not reflected in the Company's revenues
(In millions)201220112010
Separate accounts$ 206$ 210$ 191
Investment gains required to adjust future policy benefits for the run-off settlement annuity business$ 21$ 8$ 18
Sales of AFS fixed maturities table
(In millions)201220112010
Proceeds from sales$ 591$ 876$ 826
Gross gains on sales$ 37$ 53$ 46
Gross losses on sales$ (2)$ (7)$ (3)