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INCOME TAXES (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income tax (expense) benefit:          
Current (expense) benefit     $ (36) $ (552) $ 197
Deferred (expense) benefit     (150) (1,143) 1,876
Income tax (expense) benefit     $ (186) (1,695) 2,073
Federal statutory rate, percent     35.00%    
Effective Income Tax Rate Reconciliation, Amount [Abstract]          
Expected income tax (expense) benefit     $ (578) (2,140) 1,858
Noncontrolling interest     124 119 101
Separate Accounts investment activity     181 116 122
Non-taxable investment income (loss)     8 12 20
Tax audit interest     1 (6) (14)
State income taxes     1 (4) (6)
AB Federal and foreign taxes     2 4 2
Tax settlement $ (77) $ (212) 77 212 0
Other     (2) (8) (10)
Income tax (expense) benefit     $ (186) $ (1,695) $ 2,073