XML 111 R64.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Investment Entities (Details 2) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Summary of changes in Level 3 assets held by consolidated investment entities      
Transfers out of Level 3   $ (146,000,000) $ (3,900,000,000)
Other revenues
     
Summary of changes in Level 3 assets held by consolidated investment entities      
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income     20,000,000
Net investment income
     
Summary of changes in Level 3 assets held by consolidated investment entities      
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income     1,000,000
Consolidated Investment Entities
     
Summary of changes in Level 3 assets held by consolidated investment entities      
Balance, at the end of the period     (4,712,000,000)
Transfers between Level 1 and Level 2 0    
Corporate debt securities | Consolidated Investment Entities
     
Summary of changes in Level 3 assets held by consolidated investment entities      
Balance, at the beginning of the period 3,000,000 4,000,000 6,000,000
Purchases, Net-Assets 1,000,000   3,000,000
Sales, Net-Assets (1,000,000)   (2,000,000)
Settlements, Net-Assets (1,000,000) (1,000,000) (1,000,000)
Transfers out of Level 3     (2,000,000)
Balance, at the end of the period 2,000,000 3,000,000 4,000,000
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income   0 0
Common Stocks | Consolidated Investment Entities
     
Summary of changes in Level 3 assets held by consolidated investment entities      
Balance, at the beginning of the period 14,000,000 13,000,000 11,000,000
Total Gains (Losses) Included in Net Income-Assets 1,000,000 [1] (1,000,000) [1] (6,000,000) [1]
Purchases, Net-Assets 0 7,000,000  
Sales, Net-Assets (3,000,000) (5,000,000) (4,000,000)
Transfers into Level 3 21,000,000 15,000,000 29,000,000
Transfers out of Level 3 (19,000,000) (15,000,000) (29,000,000)
Balance, at the end of the period 14,000,000 14,000,000 13,000,000
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income (2,000,000) [1] 0 3,000,000 [1]
Other structured investments | Consolidated Investment Entities
     
Summary of changes in Level 3 assets held by consolidated investment entities      
Balance, at the beginning of the period     22,000,000
Total Gains (Losses) Included in Net Income-Assets     1,000,000 [1]
Purchases, Net-Assets     3,000,000
Transfers out of Level 3     (24,000,000)
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income   0 0
Syndicated loans | Consolidated Investment Entities
     
Summary of changes in Level 3 assets held by consolidated investment entities      
Balance, at the beginning of the period 202,000,000 342,000,000  
Total Gains (Losses) Included in Net Income-Assets (1,000,000) [1] 11,000,000 [1] 12,000,000 [1]
Purchases, Net-Assets 417,000,000 91,000,000 208,000,000
Sales, Net-Assets (63,000,000) (14,000,000) (40,000,000)
Settlements, Net-Assets (51,000,000) (87,000,000) (137,000,000)
Transfers into Level 3 320,000,000 255,000,000 615,000,000
Transfers out of Level 3 (456,000,000) (396,000,000) (292,000,000)
Balance, at the end of the period 368,000,000 202,000,000 342,000,000
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income (2,000,000) [1]   (5,000,000) [1]
Other assets | Consolidated Investment Entities
     
Summary of changes in Level 3 assets held by consolidated investment entities      
Balance, at the beginning of the period 1,214,000,000 1,108,000,000 887,000,000
Total Gains (Losses) Included in Net Income-Assets 81,000,000 [2] (78,000,000) [2] (13,000,000) [3]
Total Gains (Losses) Included in Other Comprehensive loss-Assets 39,000,000 28,000,000 10,000,000
Purchases, Net-Assets 689,000,000 328,000,000 299,000,000
Sales, Net-Assets (86,000,000) (172,000,000) (81,000,000)
Settlements, Net-Assets     1,000,000
Transfers into Level 3 8,000,000   7,000,000
Transfers out of Level 3 (9,000,000)   (8,000,000)
Balance, at the end of the period 1,936,000,000 1,214,000,000 1,108,000,000
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income 67,000,000 [2] (98,000,000) [2] 19,000,000 [4]
Debt | Consolidated Investment Entities
     
Summary of changes in Level 3 assets held by consolidated investment entities      
Balance, at the beginning of the period (4,450,000,000) (4,712,000,000) (5,171,000,000)
Total Gains (Losses) Included in Net Income-Liabilities (53,000,000) [1] (316,000,000) [1] (89,000,000) [1]
Issues, Net-Liabilities (1,330,000,000)   (27,000,000)
Settlements, Net-Liabilities 1,029,000,000 578,000,000 575,000,000
Balance, at the end of the period (4,804,000,000) (4,450,000,000) (4,712,000,000)
Changes in unrealized gains/ (losses) included in income relating to liabilities held $ (25,000,000) [1] $ (315,000,000) [1] $ (64,000,000) [1]
[1] Included in net investment income in the Consolidated Statements of Operations.
[2] Included in other revenues in the Consolidated Statements of Operations
[3] Included in other revenues in the Consolidated Statements of Operations.
[4] Represents a $20 million gain included in other revenues and a $1 million loss included in net investment income in the Consolidated Statements of Operations.