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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Segment Reporting Information, by Segment
 
 
Operating Results
Year Ended December 31, 2017
 
Annuities
 
Life
 
Run-off
 
Corporate
& Other
 
Total
 
 
(In millions)
Pre-tax adjusted earnings
 
$
1,230

 
$
(68
)
 
$
(466
)
 
$
(114
)
 
$
582

Provision for income tax expense (benefit)
 
323

 
(30
)
 
(172
)
 
338

 
459

Adjusted earnings
 
$
907

 
$
(38
)
 
$
(294
)
 
$
(452
)
 
123

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
(27
)
Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(1,468
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
(708
)
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
1,197

Net income (loss)
 
 
 
 
 
 
 
 
 
$
(883
)
 
 
 
 
 
 
 
 
 
 
 
Interest revenue
 
$
1,263

 
$
300

 
$
1,399

 
$
142

 
 
Interest expense
 
$
—

 
$
(4
)
 
$
23

 
$
39

 
 
Balance at December 31, 2017

Annuities

Life

Run-off
 
Corporate & Other

Total


(In millions)
Total assets

$
149,920

 
$
13,044

 
$
36,719

 
$
12,362


$
212,045

Separate account assets

$
105,140

 
$
1,915

 
$
3,101

 
$
—


$
110,156

Separate account liabilities

$
105,140

 
$
1,915

 
$
3,101

 
$
—


$
110,156

 
 
Operating Results
Year Ended December 31, 2016
 
Annuities
 
Life
 
Run-off
 
Corporate
& Other
 
Total
 
 
(In millions)
Pre-tax adjusted earnings
 
$
1,494

 
$
6

 
$
(249
)
 
$
23

 
$
1,274

Provision for income tax expense (benefit)
 
441

 
—

 
(90
)
 
(10
)
 
341

Adjusted earnings
 
$
1,053

 
$
6

 
$
(159
)
 
$
33

 
933

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
(67
)
Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(5,770
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
98

Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
2,031

Net income (loss)
 
 
 
 
 
 
 
 
 
$
(2,775
)

 
 
 
 
 
 
 
 
 
 
Interest revenue
 
$
1,446

 
$
351

 
$
1,411

 
$
197

 
 
Interest expense
 
$
—

 
$
—

 
$
60

 
$
67

 
 
Balance at December 31, 2016

Annuities

Life

Run-off
 
Corporate & Other

Total
 
 
(In millions)
Total assets
 
$
146,224

 
$
12,296

 
$
40,575

 
$
12,330

 
$
211,425

Separate account assets
 
$
100,209

 
$
1,671

 
$
3,466

 
$
—

 
$
105,346

Separate account liabilities
 
$
100,209

 
$
1,671

 
$
3,466

 
$
—

 
$
105,346

 
 
Operating Results
Year Ended December 31, 2015
 
Annuities
 
Life
 
Run-off
 
Corporate
& Other
 
Total
 
 
(In millions)
Pre-tax adjusted earnings
 
$
1,339

 
$
(56
)
 
$
713

 
$
(77
)
 
$
1,919

Provision for income tax expense (benefit)
 
329

 
(21
)
 
247

 
(43
)
 
512

Adjusted earnings
 
$
1,010

 
$
(35
)
 
$
466

 
$
(34
)
 
1,407

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
5

Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(497
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
(262
)
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
265

Net income (loss)
 
 
 
 
 
 
 
 
 
$
918

 
 
 
 
 
 
 
 
 
 
 
Interest revenue
 
$
1,266

 
$
313

 
$
1,551

 
$
97

 
 
Interest expense
 
$
—

 
$
—

 
$
60

 
$
69

 
 
Reconciliation of Revenue from Segments to Consolidated
 
 
Years Ended December 31,
 
 
2017
 
2016
 
2015
 
 
(In millions)
Annuities
 
$
3,721

 
$
4,423

 
$
4,665

Life
 
1,036

 
1,036

 
881

Run-off
 
2,148

 
2,313

 
2,366

Corporate & Other
 
250

 
338

 
398

Adjustments
 
(1,357
)
 
(5,850
)
 
(438
)
Total
 
$
5,798

 
$
2,260

 
$
7,872
Premiums, Universal Life and Investment-Type Product Policy Fees and Other Revenues by Product Groups
The following table presents total premiums, universal life and investment-type product policy fees and other revenues by major product groups of the Company’s segments, as well as Corporate & Other:
 
Years Ended December 31,
 
2017
 
2016
 
2015
 
(In millions)
Annuity products
$
2,729

 
$
3,411

 
$
3,701

Life insurance products
1,587

 
1,552

 
1,529

Other products
4

 
23

 
133

Total
$
4,320

 
$
4,986

 
$
5,363