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Equity (Tables)
 9 Months Ended
Sep. 30, 2013
Equity [Abstract]  
Components of Accumulated Other Comprehensive Income (Loss)
Information regarding changes in the balances of each component of AOCI, net of income tax, was as follows:
 
Three Months 
 Ended 
 September 30, 2013
 
Unrealized
Investment Gains
(Losses), Net of
Related Offsets (1)  
 
Unrealized Gains
(Losses) on
Derivatives
 
Foreign
Currency
Translation
Adjustments
 
Total
 
(In millions)
Balance, beginning of period
$
1,285

 
$
95

 
$
(108
)
 
$
1,272

OCI before reclassifications
(88
)
 
(39
)
 
57

 
(70
)
Amounts reclassified from AOCI
36

 
(3
)
 
—

 
33

Balance, end of period
$
1,233

 
$
53

 
$
(51
)
 
$
1,235

 
Nine Months 
 Ended 
 September 30, 2013
 
Unrealized
Investment Gains
(Losses), Net of
Related Offsets (1)
 
Unrealized Gains
(Losses) on
Derivatives
 
Foreign
Currency
Translation
Adjustments
 
Total
 
(In millions)
Balance, beginning of period
$
2,291

 
$
158

 
$
(49
)
 
$
2,400

OCI before reclassifications
(1,043
)
 
(99
)
 
(2
)
 
(1,144
)
Amounts reclassified from AOCI
(15
)
 
(6
)
 
—

 
(21
)
Balance, end of period
$
1,233

 
$
53

 
$
(51
)
 
$
1,235

____________ 
(1)
See Note 4 for information on offsets to investments related to insurance liabilities and DAC and VOBA.
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Information regarding amounts reclassified out of each component of AOCI was as follows:
AOCI Components
 
Amounts Reclassified from AOCI
 
Statement of Operations and
Comprehensive Income (Loss) Location
 
 
Three Months 
 Ended 
 September 30, 2013
 
Nine Months 
 Ended 
 September 30, 2013
 
 
 
 
(In millions)
 
 
Net unrealized investment gains (losses):
 
 
 
 
 
 
Net unrealized investment gains (losses)
 
$
(56
)
 
$
24

 
Other net investment gains (losses)
Net unrealized investment gains (losses)
 
3

 
9

 
Net investment income
OTTI
 
(5
)
 
(11
)
 
OTTI on fixed maturity securities
Net unrealized investment gains (losses), before income tax
 
(58
)
 
22

 
 
Income tax (expense) benefit
 
22

 
(7
)
 
 
Net unrealized investment gains (losses), net of income tax
 
$
(36
)
 
$
15

 
 
Unrealized gains (losses) on derivatives - cash flow hedges:
 
 
 
 
 
 
Interest rate swaps
 
$
2

 
$
1

 
Net derivative gains (losses)
Interest rate forwards
 
1

 
7

 
Net derivative gains (losses)
Interest rate forwards
 
—

 
1

 
Net investment income
Foreign currency swaps
 
1

 
—

 
Net derivative gains (losses)
Gains (losses) on cash flow hedges, before income tax
 
4

 
9

 
 
Income tax (expense) benefit
 
(1
)
 
(3
)
 
 
Gains (losses) on cash flow hedges, net of income tax
 
$
3

 
$
6

 
 
Total reclassifications, net of income tax
 
$
(33
)
 
$
21