XML 55 R31.htm IDEA: XBRL DOCUMENT

Derivatives (Tables)

12 Months Ended

Dec. 31, 2011

Derivatives included in Balance Sheet at fair value


		December 31, 2011				December 31, 2010
Derivative	Balance Sheet Line	Asset		Liability		Asset		Liability
MBS with embedded derivatives	Fixed maturities	$	99	$	—	$	101	$	—
Interest rate swaptions	Other investments		5		—		21		—
Indexed annuities (embedded derivative)	Annuity benefits accumulated		—		395		—		190
Equity index call options	Other investments		66		—		77		—
Reinsurance contracts (embedded derivative)	Other liabilities		—		23		—		14


		$	170	$	418	$	199	$	204

Summary of gain (loss) included in the Statement of Earnings for changes in the fair value of derivatives


	Statement of
Derivative	Earnings Line	2011			2010			2009
MBS with embedded derivatives	Realized gains	$	—		$	50		$	157
Interest rate swaptions	Realized gains		(24	)		(7	)		8
Indexed annuities (embedded derivative)	Annuity benefits		(29	)		(20	)		(29	)
Equity index call options	Annuity benefits		(13	)		41			26
Reinsurance contracts (embedded derivative)	Investment income		(9	)		(9	)		(25	)


		$	(75	)	$	55		$	137

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details