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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Revenue from External Customers by Products and Services [Table Text Block]
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,
 
2016
 
2015
 
2014
 
(In millions)
Annuity products
$
3,300

 
$
3,568

 
$
3,926

Life insurance products
1,055

 
1,176

 
953

Other products
23

 
133

 
5

Total
$
4,378

 
$
4,877

 
$
4,884
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
Reconciliation of Company operating revenues to total revenues:
 
 
Years Ended December 31,
 
 
2016
 
2015
 
2014
 
 
(In millions)
Annuities
 
$
4,295

 
$
4,528

 
$
4,677

Life
 
725

 
738

 
568

Run-off
 
1,919

 
1,998

 
1,935

Total segment
 
6,939

 
7,264

 
7,180

Corporate & Other
 
176

 
188

 
134

Net investment gains (losses)
 
(32
)
 
36

 
(469
)
Net derivative gains (losses)
 
(5,878
)
 
(424
)
 
(181
)
Other adjustments
 
(25
)
 
40

 
239

Total
 
$
1,180

 
$
7,104

 
$
6,903
Segment Reporting Information, by Segment
 
 
Operating Results
Year Ended December 31, 2016
 
Annuities
 
Life
 
Run-off
 
Corporate
& Other
 
Total
 
 
(In millions)
Pre-tax operating earnings
 
$
1,399

 
$
(138
)
 
$
(63
)
 
$
(64
)
 
$
1,134

Provision for income tax expense (benefit)
 
411

 
(50
)
 
(25
)
 
(40
)
 
296

Operating earnings
 
$
988

 
$
(88
)
 
$
(38
)
 
$
(24
)
 
838

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
(32
)
Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(5,878
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
68

Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
2,067

Net income (loss)
 
 
 
 
 
 
 
 
 
$
(2,937
)
 
 
 
 
 
 
 
 
 
 
 
Inter-segment revenues
 
$
722

 
$
(867
)
 
$
(127
)
 
$
(40
)
 
 
Interest revenue
 
$
1,412

 
$
295

 
$
1,235

 
$
62

 
 
Interest expense
 
$
—

 
$
—

 
$
—

 
$
67

 
 
 
 
 
 
 
 
 
 
 
 
 
At December 31, 2016

Annuities

Life

Run-off
 
Corporate & Other

Total


(In millions)
Total assets

$
141,111

 
$
12,674

 
$
39,261

 
$
6,227


$
199,273

Separate account assets

$
95,450

 
$
1,671

 
$
3,467

 
$
—


$
100,588

Separate account liabilities

$
95,450

 
$
1,671

 
$
3,467

 
$
—


$
100,588

 
 
Operating Results
Year Ended December 31, 2015
 
Annuities
 
Life
 
Run-off
 
Corporate
& Other
 
Total
 
 
(In millions)
Pre-tax operating earnings
 
$
1,318

 
$
(54
)
 
$
590

 
$
(207
)
 
$
1,647

Provision for income tax expense (benefit)
 
329

 
(21
)
 
204

 
(89
)
 
423

Operating earnings
 
$
989

 
$
(33
)
 
$
386

 
$
(118
)
 
1,224

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
36

Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(424
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
(205
)
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
208

Net income (loss)
 
 
 
 
 
 
 
 
 
$
839


 
 
 
 
 
 
 
 
 
 
Inter-segment revenues
 
$
590

 
$
(740
)
 
$
(72
)
 
$
137

 
 
Interest revenue
 
$
1,245

 
$
296

 
$
1,360

 
$
(60
)
 
 
Interest expense
 
$
—

 
$
—

 
$
—

 
$
68

 
 
At December 31, 2015

Annuities

Life

Run-off
 
Corporate & Other

Total
 
 
(In millions)
Total assets
 
$
136,230

 
$
12,805

 
$
43,142

 
$
10,185

 
$
202,362

Separate account assets
 
$
96,922

 
$
1,580

 
$
3,233

 
$
—

 
$
101,735

Separate account liabilities
 
$
96,922

 
$
1,580

 
$
3,233

 
$
—

 
$
101,735

 
 
Operating Results
Year Ended December 31, 2014
 
Annuities
 
Life
 
Run-off
 
Corporate
& Other
 
Total
 
 
(In millions)
Pre-tax operating earnings
 
$
1,221

 
$
(152
)
 
$
664

 
$
(109
)
 
$
1,624

Provision for income tax expense (benefit)
 
295

 
(56
)
 
227

 
(46
)
 
420

Operating earnings
 
$
926

 
$
(96
)
 
$
437

 
$
(63
)
 
1,204

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
(469
)
Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(181
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
(684
)
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
425

Net income (loss)
 
 
 
 
 
 
 
 
 
$
295

 
 
 
 
 
 
 
 
 
 
 
Inter-segment revenues
 
$
729

 
$
(703
)
 
$
(275
)
 
$
66

 
 
Interest revenue
 
$
1,177

 
$
295

 
$
1,384

 
$
(109
)
 
 
Interest expense
 
$
—

 
$
5

 
$
—

 
$
68