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FAIR VALUE DISCLOSURES (Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: $ 31,925 $ 33,072
Trading securities, at fair value 6,805 5,143
Fair Value, Measurements, Recurring    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 31,893 33,034
Other equity investments 146 278
Trading securities, at fair value 6,805 5,143
Other invested assets: 1,028 1,346
Cash equivalents 2,150 2,725
Segregated securities 565 476
GMIB reinsurance contracts 10,570 10,711
Separate Accounts’ assets 107,335 110,871
Total Assets 160,492 164,584
Liabilities, Fair Value Disclosure [Abstract]    
Total Liabilities 525 550
Fair Value, Measurements, Recurring | Public corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 20,302 22,220
Fair Value, Measurements, Recurring | U.S. Treasury, government and agency    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 8,775 7,331
Fair Value, Measurements, Recurring | States and political subdivisions    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 504 519
Fair Value, Measurements, Recurring | Foreign governments    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 415 446
Fair Value, Measurements, Recurring | Commercial mortgage-backed    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 533 735
Fair Value, Measurements, Recurring | Residential Mortgage Backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 640 795
Fair Value, Measurements, Recurring | Asset-backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 77 99
Fair Value, Measurements, Recurring | Redeemable preferred stock    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 647 889
Fair Value, Measurements, Recurring | Short-term investments    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 369 103
Fair Value, Measurements, Recurring | Swap    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 230 597
Fair Value, Measurements, Recurring | Credit default swaps    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: (22) (18)
Fair Value, Measurements, Recurring | Future    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: (1) (2)
Fair Value, Measurements, Recurring | Options Held    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 390 473
Fair Value, Measurements, Recurring | Floors    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 61 120
Fair Value, Measurements, Recurring | Foreign currency Contracts    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 1 1
Fair Value, Measurements, Recurring | Swaption    
Investment Fair Value Disclosure [Abstract]    
Other invested assets:   72
Fair Value, Measurements, Recurring | Guaranteed Minimum Withdrawal Benefit    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 184 128
Fair Value, Measurements, Recurring | SCS, SIO, MSO and IUL indexed features liability    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 310 380
Fair Value, Measurements, Recurring | Contingent Payment Arrangements    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 31 42
Fair Value, Measurements, Recurring | Level 1    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 258 254
Other equity investments 97 217
Trading securities, at fair value 654 710
Other invested assets: (1) (2)
Cash equivalents 2,150 2,725
Segregated securities 0 0
GMIB reinsurance contracts 0 0
Separate Accounts’ assets 104,058 107,539
Total Assets 107,216 111,443
Liabilities, Fair Value Disclosure [Abstract]    
Total Liabilities 0 0
Fair Value, Measurements, Recurring | Level 1 | Public corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury, government and agency    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | States and political subdivisions    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign governments    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Commercial mortgage-backed    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Residential Mortgage Backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Redeemable preferred stock    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 258 254
Fair Value, Measurements, Recurring | Level 1 | Short-term investments    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Swap    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Credit default swaps    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Future    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: (1) (2)
Fair Value, Measurements, Recurring | Level 1 | Options Held    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Floors    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign currency Contracts    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Swaption    
Investment Fair Value Disclosure [Abstract]    
Other invested assets:   0
Fair Value, Measurements, Recurring | Level 1 | Guaranteed Minimum Withdrawal Benefit    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 1 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 1 | Contingent Payment Arrangements    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 2    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 30,626 31,583
Other equity investments 0 0
Trading securities, at fair value 6,151 4,433
Other invested assets: 1,029 1,348
Cash equivalents 0 0
Segregated securities 565 476
GMIB reinsurance contracts 0 0
Separate Accounts’ assets 2,964 3,072
Total Assets 41,335 40,912
Liabilities, Fair Value Disclosure [Abstract]    
Total Liabilities 310 380
Fair Value, Measurements, Recurring | Level 2 | Public corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 19,882 21,840
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury, government and agency    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 8,775 7,331
Fair Value, Measurements, Recurring | Level 2 | States and political subdivisions    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 459 472
Fair Value, Measurements, Recurring | Level 2 | Foreign governments    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 414 446
Fair Value, Measurements, Recurring | Level 2 | Commercial mortgage-backed    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 30 20
Fair Value, Measurements, Recurring | Level 2 | Residential Mortgage Backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 640 793
Fair Value, Measurements, Recurring | Level 2 | Asset-backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 37 46
Fair Value, Measurements, Recurring | Level 2 | Redeemable preferred stock    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 389 635
Fair Value, Measurements, Recurring | Level 2 | Short-term investments    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 369 103
Fair Value, Measurements, Recurring | Level 2 | Swap    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 230 597
Fair Value, Measurements, Recurring | Level 2 | Credit default swaps    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: (22) (18)
Fair Value, Measurements, Recurring | Level 2 | Future    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 2 | Options Held    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 390 473
Fair Value, Measurements, Recurring | Level 2 | Floors    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 61 120
Fair Value, Measurements, Recurring | Level 2 | Foreign currency Contracts    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 1 1
Fair Value, Measurements, Recurring | Level 2 | Swaption    
Investment Fair Value Disclosure [Abstract]    
Other invested assets:   72
Fair Value, Measurements, Recurring | Level 2 | Guaranteed Minimum Withdrawal Benefit    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 2 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 310 380
Fair Value, Measurements, Recurring | Level 2 | Contingent Payment Arrangements    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 3    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 1,009 1,197
Other equity investments 49 61
Trading securities, at fair value 0 0
Other invested assets: 0 0
Cash equivalents 0 0
Segregated securities 0 0
GMIB reinsurance contracts 10,570 10,711
Separate Accounts’ assets 313 260
Total Assets 11,941 12,229
Liabilities, Fair Value Disclosure [Abstract]    
Total Liabilities 215 170
Fair Value, Measurements, Recurring | Level 3 | Public corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 420 380
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury, government and agency    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 3 | States and political subdivisions    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 45 47
Fair Value, Measurements, Recurring | Level 3 | Foreign governments    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 1 0
Fair Value, Measurements, Recurring | Level 3 | Commercial mortgage-backed    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 503 715
Fair Value, Measurements, Recurring | Level 3 | Residential Mortgage Backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 2
Fair Value, Measurements, Recurring | Level 3 | Asset-backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 40 53
Fair Value, Measurements, Recurring | Level 3 | Redeemable preferred stock    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 3 | Short-term investments    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Swap    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Credit default swaps    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Future    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Options Held    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Floors    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Foreign currency Contracts    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Swaption    
Investment Fair Value Disclosure [Abstract]    
Other invested assets:   0
Fair Value, Measurements, Recurring | Level 3 | Guaranteed Minimum Withdrawal Benefit    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 184 128
Fair Value, Measurements, Recurring | Level 3 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 3 | Contingent Payment Arrangements    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees $ 31 $ 42