XML 59 R48.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value Measurements (Financial Instruments Measured At Fair Value On Recurring Basis) (Detail) - USD ($)
$ in Millions
Sep. 30, 2017
Jun. 30, 2017
[1]
Dec. 31, 2016
Sep. 30, 2016
[3],[4]
Jun. 30, 2016
[3]
Dec. 31, 2015
[4]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value $ 83,686   $ 80,115      
Equity securities, at fair value 910   814      
Other Investments 4,677   4,519      
Securities lending collateral 1,757   1,092      
Investment Funds Limited Partnerships Partially Owned Investment Companies Fair Value [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Other Investments 3,669   3,626      
Other Investments [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Other Investments 18   25      
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 83,686   80,115      
Equity securities, at fair value 910   814      
Short-term investments 2,991   3,002      
Other Investments 990   868      
Securities lending collateral 1,757   1,092      
Investment derivative instruments, assets 15   31      
Other Derivative Instruments Fair Value     3      
Separate Account Assets 2,514   1,879      
Total assets measured at fair value 92,863   87,804      
Investment derivative instruments, liabilities 37   54      
Other derivative instruments, liability 27   13      
Liabilities, Fair Value Disclosure, Recurring 367   626      
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 2,941   2,175      
Equity securities, at fair value 858   773      
Short-term investments 1,804   1,757      
Other Investments 446   384      
Investment derivative instruments, assets 15   31      
Other Derivative Instruments Fair Value     3      
Separate Account Assets 2,414   1,784      
Total assets measured at fair value 8,478   6,907      
Investment derivative instruments, liabilities 37   54      
Other derivative instruments, liability 25          
Liabilities, Fair Value Disclosure, Recurring 62   54      
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 79,692   77,140      
Short-term investments 1,187   1,220      
Other Investments 292   259      
Securities lending collateral 1,757   1,092      
Separate Account Assets 100   95      
Total assets measured at fair value 83,028   79,806      
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 1,053   800      
Equity securities, at fair value 52   41      
Short-term investments     25      
Other Investments 252   225      
Total assets measured at fair value 1,357   1,091      
Other derivative instruments, liability 2   13      
Liabilities, Fair Value Disclosure, Recurring 305   572      
Fair Value, Measurements, Recurring [Member] | U.S. Treasury And Agency [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 3,582   2,870      
Fair Value, Measurements, Recurring [Member] | U.S. Treasury And Agency [Member] | Fair Value, Inputs, Level 1 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 2,941   2,175      
Fair Value, Measurements, Recurring [Member] | U.S. Treasury And Agency [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 641   695      
Fair Value, Measurements, Recurring [Member] | Foreign [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 23,099   21,440      
Fair Value, Measurements, Recurring [Member] | Foreign [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 23,009   21,366      
Fair Value, Measurements, Recurring [Member] | Foreign [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 90   74      
Fair Value, Measurements, Recurring [Member] | Corporate [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 25,226   24,149      
Fair Value, Measurements, Recurring [Member] | Corporate [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 24,307   23,468      
Fair Value, Measurements, Recurring [Member] | Corporate [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 919   681      
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 15,411   14,007      
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 15,367   13,962      
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 44   45      
Fair Value, Measurements, Recurring [Member] | States, Municipalities, And Political Subdivisions [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 16,368   17,649      
Fair Value, Measurements, Recurring [Member] | States, Municipalities, And Political Subdivisions [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 16,368   17,649      
Guaranteed Minimum Income Benefit [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value 303 [1],[2] $ 357 559 [2] $ 883 $ 971 $ 609
Guaranteed Minimum Income Benefit [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value 303   559      
Guaranteed Minimum Income Benefit [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value $ 303   559      
Guaranteed Minimum Income Benefit [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value     $ 559      
[1] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $635 million at September 30, 2017, and $684 million at June 30, 2017, which includes a fair value derivative adjustment of $303 million and $357 million, respectively.
[2] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $635 million at September 30, 2017, and $853 million at December 31, 2016, which includes a fair value derivative adjustment of $303 million and $559 million, respectively
[3] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $1.2 billion at September 30, 2016, and $1.3 billion at June 30, 2016, which includes a fair value derivative adjustment of $883 million and $971 million, respectively.
[4] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $1.2 billion at September 30, 2016, and $888 million at December 31, 2015, which includes a fair value derivative adjustment of $883 million and $609 million, respectively.