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Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $46,427 and $46,005, respectively) $ 48,963 $ 50,968
Equity securities available-for-sale, at estimated fair value (cost: $399 and $311, respectively) 420 317
Fair value option securities, at estimated fair value 9 9
Mortgage loans (net of valuation allowances of $34 and $35, respectively; includes $2,268 and $2,666, respectively, at estimated fair value, relating to variable interest entities) 8,609 9,157
Policy loans 1,213 1,216
Real estate and real estate joint ventures 742 708
Other limited partnership interests 2,049 1,848
Short-term investments, principally at estimated fair value 2,112 2,576
Other invested assets, principally at estimated fair value 2,310 2,961
Total investments 66,427 69,760
Cash and cash equivalents, principally at estimated fair value 727 895
Accrued investment income (includes $10 and $13, respectively, relating to variable interest entities) 570 575
Premiums, reinsurance and other receivables 21,448 22,143
Deferred policy acquisition costs and value of business acquired 4,358 3,793
Current income tax recoverable 213 135
Goodwill 559 559
Other assets 797 822
Separate account assets 90,066 86,114
Total assets 185,165 184,796
Liabilities    
Future policy benefits 27,221 27,585
Policyholder account balances 35,757 36,976
Other policy-related balances 3,182 3,138
Payables for collateral under securities loaned and other transactions 8,634 8,399
Long-term debt (includes $2,148 and $2,559, respectively, at estimated fair value, relating to variable interest entities) 2,939 3,350
Deferred income tax liability 1,543 1,938
Other liabilities (includes $11 and $13, respectively, relating to variable interest entities) 6,298 6,547
Separate account liabilities 90,066 86,114
Total liabilities 175,640 174,047
Contingencies, Commitments and Guarantees (Note 9)      
Stockholders' Equity    
Common stock, par value $2.50 per share; 40,000,000 shares authorized; 34,595,317 shares issued and outstanding at June 30, 2013 and December 31, 2012 86 86
Additional paid-in capital 6,720 6,718
Retained earnings 1,447 1,545
Accumulated other comprehensive income (loss) 1,272 2,400
Total stockholders' equity 9,525 10,749
Total liabilities and stockholders' equity $ 185,165 $ 184,796