Variable Annuity and Insurance Guarantees (Tables)

6 Months Ended

Jun. 30, 2013

Variable Annuity and Insurance Guarantees

	June 30, 2013							December 31, 2012
Variable Annuity Guarantees by Benefit Type(1)	Total Contract Value		Contract Value in Separate Accounts		Net Amount at Risk(2)		Weighted Average Attained Age	Total Contract Value		Contract Value in Separate Accounts		Net Amount at Risk(2)		Weighted Average Attained Age
	(in millions, except age)
GMDB:
Return of premium	$	48,065	$	46,279	$	62	63	$	45,697	$	43,942	$	61	63
Five/six-year reset	11,018		8,498		77		63	11,233		8,722		115		63
One-year ratchet	7,346		6,927		103		65	7,367		6,933		106		65
Five-year ratchet	1,661		1,606		4		62	1,616		1,563		3		61
Other	982		958		57		68	912		885		62		68
Total — GMDB	$	69,072	$	64,268	$	303	63	$	66,825	$	62,045	$	347	63

GGU death benefit	$	980	$	928	$	102	64	$	958	$	907	$	93	63

GMIB	$	411	$	387	$	59	66	$	425	$	399	$	72	66

GMWB:
GMWB	$	3,828	$	3,812	$	48	67	$	3,898	$	3,880	$	34	66
GMWB for life	30,634		30,488		453		64	28,588		28,462		263		64
Total — GMWB	$	34,462	$	34,300	$	501	64	$	32,486	$	32,342	$	297	64
GMAB	$	3,888	$	3,874	$	5	57	$	3,773	$	3,762	$	5	57

(1) Individual variable annuity contracts may have more than one guarantee and therefore may be included in more than one benefit type. Variable annuity contracts for which the death benefit equals the account value are not shown in this table.

(2) Represents the current guaranteed benefit amount in excess of the current contract value. GMIB, GMWB and GMAB benefits are subject to waiting periods and payment periods specified in the contract.

Schedule of changes in additional liabilities for variable annuity and insurance guarantees

	GMDB & GGU			GMIB			GMWB			GMAB			UL
	(in millions)
Balance at January 1, 2012	$	5		$	9		$	1,377		$	237		$	111
Incurred claims	2			—			(119		)	(57		)	33
Paid claims	(5		)	(1		)	—			—			(5		)
Balance at June 30, 2012	$	2		$	8		$	1,258		$	180		$	139

Balance at January 1, 2013	$	4		$	9		$	799		$	103		$	155
Incurred claims	3			—			(715		)	(89		)	36
Paid claims	(2		)	—			—			—			(7		)
Balance at June 30, 2013	$	5		$	9		$	84		$	14		$	184

Schedule of separate account balances by asset type

	June 30, 2013		December 31, 2012
	(in millions)
Mutual funds:
Equity	$	32,886	$	32,054
Bond	25,495		26,165
Other	5,993		3,991
Total mutual funds	$	64,374	$	62,210

- Definition

Tabular disclosure of the fair value of assets, by major investment asset category, supporting separate accounts with additional insurance benefits and minimum investment return guarantees as of each date for which a statement of financial position is presented. The taxonomy for investment disclosures is utilized to tag elements that represent more detailed breakdowns of the major investment categories specified in reporting regulations.

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- Definition

Tabular disclosure of minimum guaranteed benefits to policyholders and contract holders, such as guaranteed minimum death benefit, guaranteed minimum income benefit, and guaranteed annuitization benefits, discloses the amount of liability reported for additional insurance benefits, annuitization benefits and other minimum guarantees, by type of benefit, for the most recent balance sheet date and the incurred and paid amounts for periods presented for traditional and nontraditional products.

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- Definition

Tabular disclosure of the guaranteed benefits in excess of the current account balance, quantifies such excesses (the net amounts at risk) and includes other relevant, pertinent information as of the most recent balance sheet date by product type.

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