Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)

6 Months Ended

Jun. 30, 2013

Deferred Acquisition Costs and Deferred Sales Inducement Costs

Schedule of balances of and changes in DAC

	2013			2012
	(in millions)
Balance at January 1	$	2,399		$	2,440
Capitalization of acquisition costs	167			156
Amortization	(167		)	(130		)
Impact of change in net unrealized securities losses (gains)	107			(35		)
Balance at June 30	$	2,506		$	2,431

Schedule of balances of and changes in DSIC, included in other assets on the Consolidated Balance Sheets

	2013			2012
	(in millions)
Balance at January 1	$	404		$	464
Capitalization of sales inducement costs	3			4
Amortization	(30		)	(22		)
Impact of change in net unrealized securities losses (gains)	15			(6		)
Balance at June 30	$	392		$	440