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FAIR VALUE DISCLOSURES (LEVEL 3 UNOBSERVABLE INPUT RECONCILIATION) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Total Gains Losses Realized Unrealized Included In [Abstract]    
Transfers into level 3 $ (42) $ (41)
Transfers out of Level 3 (4) (61)
Corporate | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 420 380
Total Gains Losses Realized Unrealized Included In [Abstract]    
Subtotal 0 0
Other comprehensive income (loss) 10 4
Purchases 62 30
Sales (36) (8)
Transfers into level 3 (42) 39
Transfers out of Level 3   (46)
Closing Balance 498 399
State and Political Sub- divisions | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 45 47
Total Gains Losses Realized Unrealized Included In [Abstract]    
Subtotal 0 0
Other comprehensive income (loss)   1
Closing Balance 45 48
Foreign Govts | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 1 0
Total Gains Losses Realized Unrealized Included In [Abstract]    
Subtotal 0 0
Transfers into level 3   (2)
Transfers out of Level 3 (1)  
Closing Balance 0 2
Commercial Mortgage- backed | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 503 715
Total Gains Losses Realized Unrealized Included In [Abstract]    
Investment Gains (Losses), Net (6) (2)
Subtotal (6) (2)
Other comprehensive income (loss) (12) 13
Purchases 0 0
Sales (34) (25)
Transfers out of Level 3 (3) (15)
Closing Balance 448 686
Residential Mortgage- backed | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 0 2
Total Gains Losses Realized Unrealized Included In [Abstract]    
Subtotal 0 0
Closing Balance 0 2
Asset- backed | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 40 53
Total Gains Losses Realized Unrealized Included In [Abstract]    
Subtotal 0 0
Other comprehensive income (loss)   (1)
Sales (3) (1)
Closing Balance 37 51
Redeemable Preferred Stock | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 0 0
Total Gains Losses Realized Unrealized Included In [Abstract]    
Subtotal 0 0
Closing Balance 0 0
Other Equity Investments | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 17 61
Total Gains Losses Realized Unrealized Included In [Abstract]    
Investment Gains (Losses), Net   (5)
Subtotal 0 (5)
Other comprehensive income (loss)   3
Purchases 2  
Transfers into level 3 (6)  
Closing Balance 25 59
GMIB Reinsurance Asset | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 10,570 10,711
Total Gains Losses Realized Unrealized Included In [Abstract]    
Increase (Decrease) in the Fair Value of the Reinsurance Contract Asset 1,598 645
Subtotal 1,598 645
Purchases 55 56
Sales (16) 11
Closing Balance 12,207 11,401
Separate Accounts Assets | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 313 260
Total Gains Losses Realized Unrealized Included In [Abstract]    
Investment Gains (Losses), Net 7 8
Subtotal 7 8
Purchases 6 3
Sales   (1)
Settlements (3) 1
Transfers out of Level 3   2
Closing Balance 323 267
GWBL and Other Features’ Liability | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 184 128
Total Gains Losses Realized Unrealized Included In [Abstract]    
Policyholders’ benefits 30 (2)
Subtotal 30 (2)
Purchases 51 41
Closing Balance 265 167
Contingent Payment Arrangement | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Opening Balance 31 42
Total Gains Losses Realized Unrealized Included In [Abstract]    
Net investment income (loss) 1 1
Subtotal 1 1
Purchases   0
Settlements 1 1
Closing Balance $ 31 $ 42