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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Premiums $ 110 $ 106 $ 214 $ 214
Net investment income 323 359 656 717
Policy and contract charges 465 434 912 850
Other revenues 99 88 194 176
Net realized investment gains (losses) 1 (1) 5 (2)
Total revenues 998 986 1,981 1,955
Benefits and expenses        
Benefits, claims, losses and settlement expenses 280 307 488 542
Interest credited to fixed accounts 175 198 361 396
Amortization of deferred acquisition costs 61 75 132 134
Other insurance and operating expenses 190 190 372 373
Total benefits and expenses 706 770 1,353 1,445
Pretax income 292 216 628 510
Income tax provision 49 30 87 84
Net income 243 186 541 426
Supplemental Disclosures:        
Total other-than-temporary impairment losses on securities 0 (2) (1) (3)
Portion of loss recognized in other comprehensive income (loss) (before taxes) 0 1 0 1
Net impairment losses recognized in net realized investment gains (losses) $ 0 $ (1) $ (1) $ (2)