XML 40 R53.htm IDEA: XBRL DOCUMENT v3.2.0.727
Derivative Financial Instruments (Details)
$ in Millions
6 Months Ended
Jun. 30, 2015
USD ($)
contract
shares
Dec. 31, 2014
USD ($)
contract
shares
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
Assumed recoveries under sale of credit protection $ 0  
Cash and securities pledged in the form of margin deposits 38  
Derivatives, Fair Value    
Total asset derivatives, Notional amount 1,696 $ 1,851
Total liability derivatives, Notional amount 3,856 3,910
Total derivatives, Notional amount $ 5,552 $ 5,761
Total asset derivatives, Number of contracts | contract 4,601 5,429
Total liability derivatives, Number of contracts | contract 6,057 4,660
Total derivatives, Number of contracts | contract 10,658 10,089
Derivative assets net amount on balance sheet $ 65 $ 78
Asset derivatives, Gross asset (69) (94)
Asset derivatives, Gross liability (4) (16)
Derivative liabilities net amount on balance sheet (327) (361)
Total derivatives, Fair value, net (262) (283)
Liability derivatives, Gross asset 8 6
Liability derivatives, Gross liability $ (335) $ (367)
Number of stock rights and warrants held by the company related to derivative contracts (in shares) | shares 220 220
Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount $ 1,678 $ 1,766
Total liability derivatives, Notional amount $ 3,800 $ 3,860
Total asset derivatives, Number of contracts | contract 4,601 5,429
Total liability derivatives, Number of contracts | contract 6,057 4,660
Derivative assets net amount on balance sheet $ 62 $ 75
Asset derivatives, Gross asset (66) (91)
Asset derivatives, Gross liability (4) (16)
Derivative liabilities net amount on balance sheet (331) (360)
Liability derivatives, Gross asset 4 6
Liability derivatives, Gross liability (335) (366)
Interest rate swap agreements | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount 85 85
Derivative liabilities net amount on balance sheet 1 1
Liability derivatives, Gross asset 1 1
Liability derivatives, Gross liability 0 0
Foreign currency swap agreements | Other investments | Derivatives designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount 18 85
Derivative assets net amount on balance sheet 3 3
Asset derivatives, Gross asset (3) (3)
Asset derivatives, Gross liability 0 0
Foreign currency swap agreements | Other liabilities & accrued expenses | Derivatives designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount 56 50
Derivative liabilities net amount on balance sheet 4 (1)
Liability derivatives, Gross asset 4 0
Liability derivatives, Gross liability 0 (1)
Interest rate swaption agreements | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount   11
Derivative liabilities net amount on balance sheet   0
Liability derivatives, Gross asset   0
Liability derivatives, Gross liability   0
Interest rate cap agreements | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount 152 163
Derivative assets net amount on balance sheet 2 2
Asset derivatives, Gross asset (2) (2)
Asset derivatives, Gross liability 0 0
Financial futures contracts - Interest rate contracts | Other assets | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount $ 0  
Total asset derivatives, Number of contracts | contract 950  
Derivative assets net amount on balance sheet $ 0  
Asset derivatives, Gross asset 0  
Asset derivatives, Gross liability 0  
Financial futures contracts - Interest rate contracts | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount   $ 0
Total liability derivatives, Number of contracts | contract   700
Derivative liabilities net amount on balance sheet   $ 0
Liability derivatives, Gross asset   0
Liability derivatives, Gross liability   0
Options and futures | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount $ 0 $ 0
Total liability derivatives, Number of contracts | contract 6,057 3,960
Derivative liabilities net amount on balance sheet $ (6) $ (23)
Liability derivatives, Gross asset 0 0
Liability derivatives, Gross liability (6) (23)
Options and warrants | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount $ 0 $ 0
Total asset derivatives, Number of contracts | contract 3,110 3,225
Derivative assets net amount on balance sheet $ 55 $ 83
Asset derivatives, Gross asset (55) (83)
Asset derivatives, Gross liability 0 0
Financial futures contracts - Equity and index contracts | Other assets | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount $ 0 $ 0
Total asset derivatives, Number of contracts | contract 541 2,204
Derivative assets net amount on balance sheet $ 0 $ 2
Asset derivatives, Gross asset 0 (2)
Asset derivatives, Gross liability 0 0
Foreign currency forwards | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount 320 471
Derivative assets net amount on balance sheet 2 (15)
Asset derivatives, Gross asset (5) (1)
Asset derivatives, Gross liability (3) (16)
Foreign currency forwards | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount 538 228
Derivative liabilities net amount on balance sheet 1 (1)
Liability derivatives, Gross asset 2 2
Liability derivatives, Gross liability (1) (3)
Guaranteed accumulation benefits | Contractholder funds | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount 558 615
Derivative liabilities net amount on balance sheet (31) (32)
Liability derivatives, Gross asset 0 0
Liability derivatives, Gross liability (31) (32)
Guaranteed withdrawal benefits | Contractholder funds | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount 383 425
Derivative liabilities net amount on balance sheet (13) (13)
Liability derivatives, Gross asset 0 0
Liability derivatives, Gross liability (13) (13)
Equity-indexed and forward starting options in life and annuity product contracts | Contractholder funds | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount 1,786 1,786
Derivative liabilities net amount on balance sheet (270) (278)
Liability derivatives, Gross asset 0 0
Liability derivatives, Gross liability (270) (278)
Other embedded derivative financial instruments | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount 1,000 1,000
Derivative assets net amount on balance sheet 0 0
Asset derivatives, Gross asset 0 0
Asset derivatives, Gross liability 0 0
Other embedded derivative financial instruments | Contractholder funds | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount 85 85
Derivative liabilities net amount on balance sheet (1) 0
Liability derivatives, Gross asset 0 0
Liability derivatives, Gross liability (1) 0
Credit default swaps – buying protection | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount 58 29
Derivative assets net amount on balance sheet 0 0
Asset derivatives, Gross asset (1) 0
Asset derivatives, Gross liability (1) 0
Credit default swaps – buying protection | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount 230 420
Derivative liabilities net amount on balance sheet (4) (6)
Liability derivatives, Gross asset 0 1
Liability derivatives, Gross liability (4) (7)
Credit default swaps – selling protection | Other investments | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount 145 100
Derivative assets net amount on balance sheet 2 2
Asset derivatives, Gross asset (2) (2)
Asset derivatives, Gross liability 0 0
Credit default swaps – selling protection | Other liabilities & accrued expenses | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total liability derivatives, Notional amount 135 205
Derivative liabilities net amount on balance sheet (8) (8)
Liability derivatives, Gross asset 1 2
Liability derivatives, Gross liability (9) (10)
Other contracts | Other assets | Derivatives not designated as accounting hedging instruments    
Derivatives, Fair Value    
Total asset derivatives, Notional amount 3 3
Derivative assets net amount on balance sheet 1 1
Asset derivatives, Gross asset (1) (1)
Asset derivatives, Gross liability $ 0 $ 0