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FAIR VALUE DISCLOSURES (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2014
Dec. 31, 2015
Dec. 31, 2014
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Fixed maturities, available-for-sale:   $ 31,925 $ 33,072
Fair value of freestanding derivative positions   $ 659 $ 1,243
Fair value of freestanding derivative positions (percentage)   64.10% 92.30%
Fair value adjustments on GMIB asset   $ 123 $ 147
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net [Abstract]      
AFS fixed maturities transferred from Level 3 to Level 2   $ 125 82
AFS fixed maturities transferred from Level 3 to Level 2     $ 15
AFS fixed maturities transferred between Level 2 and 3 (percentage)   1.30% 0.50%
Level 1      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Assets measured at fair value on recurring basis by inputs level (percentage)   71.80% 72.70%
Level 2      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Assets measured at fair value on recurring basis by inputs level (percentage)   27.30% 26.40%
Owned mortgages and asset-backed securities including CMBS at fair value   $ 673 $ 821
Level 3      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Assets measured at fair value on recurring basis by inputs level (percentage)   0.90% 1.00%
Fixed maturities fair value, broker priced   $ 119 $ 135
Owned mortgages and asset-backed securities including CMBS at fair value   543 770
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net [Abstract]      
AFS fixed maturities transferred from Level 3 to Level 2   99  
Public Fixed Maturities      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Fixed maturities, available-for-sale:   $ 24,216 $ 24,779
Fixed maturities, available for sale (percentage)   16.20% 16.20%
Private Fixed Maturities      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Fixed maturities, available-for-sale:   $ 7,677 $ 8,255
Fixed maturities, available for sale (percentage)   5.10% 5.40%
Fair Value Measurement Changes in Significant Assumptions | GMIB reinsurance contracts      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Guaranteed minimum income benefit reinsurance asset, at fair value $ 510    
Fair Value Measurement Changes in Significant Assumptions | GWBL and other features liability      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Guaranteed minimum income benefit reinsurance asset, at fair value $ 37