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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Earned premiums $ 14,088 $ 14,055 $ 14,424
Fee income 4,750 4,748 4,547
Net investment income:      
Securities available-for-sale and other 4,272 4,364 4,017
Equity securities, trading (1,359) (774) 3,188
Total net investment income 2,913 3,590 7,205
Net realized capital gains (losses):      
Total other-than-temporary impairment ("OTTI") losses (263) (852) (2,191)
OTTI losses recognized in other comprehensive income ("OCI") 89 418 683
Net OTTI losses recognized in earnings (174) (434) (1,508)
Net realized capital gains (losses), excluding net OTTI losses recognized in earnings 29 (177) (496)
Total net realized capital losses (145) (611) (2,004)
Other revenues 253 267 261
Total revenues 21,859 22,049 24,433
Benefits, losses and expenses      
Benefits, losses and loss adjustment expenses 14,625 13,025 13,831
Benefits, losses and loss adjustment expenses - returns credited on international variable annuities (1,359) (774) 3,188
Amortization of deferred policy acquisition costs and present value of future profits 3,427 2,527 4,257
Insurance operating costs and other expenses 4,398 4,407 4,370
Interest expense 508 508 476
Goodwill Impairment 30 153 32
Total benefits, losses and expenses 21,629 19,693 26,154
Income (loss) from continuing operations before income taxes 230 2,356 (1,721)
Income tax expense (benefit) (346) 612 (838)
Income (loss) from continuing operations, net of tax 576 1,744 (883)
Income (loss) from discontinued operations, net of tax 86 (64) (4)
Net income (loss) 662 1,680 (887)
Preferred stock dividends and accretion of discount 42 515 127
Net income (loss) available to common shareholders $ 620 $ 1,165 $ (1,014)
Income (loss) from continuing operations, net of tax, available to common shareholders per common share      
Basic $ 1.20 $ 2.85 $ (2.92)
Diluted $ 1.12 $ 2.62 $ (2.92)
Net income (loss) available to common shareholders per common share      
Basic $ 1.39 $ 2.70 $ (2.93)
Diluted $ 1.30 $ 2.49 $ (2.93)
Cash dividends declared per common share $ 0.40 $ 0.20 $ 0.20