XML 51 R62.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Significant Accounting Policies (Details 5) (USD $)
3 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Jan. 01, 2009
Accounting for Costs Associated with Acquiring or Renewing Insurance Contracts
Dec. 31, 2011
Previously Reported
Dec. 31, 2010
Previously Reported
Dec. 31, 2009
Previously Reported
Effect of adoption                                
Decrease in Shareholders' equity on adoption of new accounting guidance associated with acquiring or renewing insurance contracts                         $ 520,000,000      
Amortization of DAC                 3,971,000,000 3,807,000,000 4,436,000,000     4,233,000,000 4,034,000,000 4,754,000,000
Operating costs and expenses                 3,739,000,000 3,542,000,000 3,281,000,000     3,468,000,000 3,281,000,000 3,007,000,000
(Loss) gain on disposition of operations                 (7,000,000) 19,000,000 15,000,000     (15,000,000) 11,000,000 7,000,000
Income tax expense                 172,000,000 189,000,000 412,000,000     172,000,000 189,000,000 394,000,000
Net income 712,000,000 175,000,000 (624,000,000) 524,000,000 293,000,000 361,000,000 137,000,000 120,000,000 787,000,000 911,000,000 888,000,000     788,000,000 928,000,000 854,000,000
Net income per share - Basic (in dollars per share) $ 1.41 $ 0.34 $ (1.19) $ 0.99 $ 0.54 $ 0.67 $ 0.25 $ 0.22 $ 1.51 $ 1.69 $ 1.65     $ 1.51 $ 1.72 $ 1.58
Net income per share - Diluted (in dollars per share) $ 1.40 $ 0.34 $ (1.19) $ 0.98 $ 0.54 $ 0.67 $ 0.25 $ 0.22 $ 1.50 $ 1.68 $ 1.64     $ 1.51 $ 1.71 $ 1.58
DAC 3,871,000,000       4,180,000,000       3,871,000,000 4,180,000,000 4,753,000,000 7,815,000,000   4,443,000,000 4,769,000,000  
Deferred income taxes 722,000,000       999,000,000       722,000,000 999,000,000       520,000,000 784,000,000  
Reserve for life-contingent contract benefits 14,406,000,000       13,450,000,000       14,406,000,000 13,450,000,000       14,449,000,000 13,482,000,000  
Other liabilities and accrued expenses 5,978,000,000       5,621,000,000       5,978,000,000 5,621,000,000       5,929,000,000 5,564,000,000  
Retained income 31,909,000,000       31,558,000,000       31,909,000,000 31,558,000,000       32,321,000,000 31,969,000,000  
Unrealized adjustment to DAC, DSI and insurance reserves (467,000,000)       49,000,000       (467,000,000) 49,000,000       (504,000,000) 36,000,000  
Unrealized foreign currency translation adjustments $ 56,000,000       $ 68,000,000       $ 56,000,000 $ 68,000,000       $ 57,000,000 $ 69,000,000