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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Premiums $ 442 $ 493 $ 489
Net investment income 1,480 1,593 1,629
Policy and contract charges 1,593 1,540 1,389
Other revenues 329 303 272
Net realized investment gains (losses) (3) 5 16
Total revenues 3,841 3,934 3,795
Benefits and expenses      
Benefits, claims, losses and settlement expenses 1,216 950 1,203
Interest credited to fixed accounts 831 856 909
Amortization of deferred acquisition costs 225 336 53
Other insurance and operating expenses 755 781 746
Total benefits and expenses 3,027 2,923 2,911
Pretax income 814 1,011 884
Income tax provision 164 190 195
Net income 650 821 689
Supplemental Disclosures:      
Total other-than-temporary impairment losses on securities (12) (47) (22)
Portion of gain (loss) recognized in other comprehensive income (before taxes) (5) 23 (6)
Net impairment losses recognized in net realized investment gains (losses) $ (17) $ (24) $ (28)