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Deferred Policy Acquisition Costs (Tables)
6 Months Ended
Jun. 30, 2015
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Deferred Policy Acquisition Costs Details
A progression of deferred policy acquisition costs is presented below (in millions):
 
P&C
 
 
Annuity and Run-off Long-term Care and Life
 
 
 
 
Deferred
 
 
Deferred
 
Sales
 
 
 
 
 
 
 
 
Consolidated
 
Costs
 
 
Costs
 
Inducements
 
PVFP
 
Unrealized
 
Total
 
 
Total
Balance at March 31, 2015
$
217

 
 
$
942

 
$
128

 
$
71

 
$
(602
)
 
$
539

 
 
$
756

Additions
137

 
 
46

 
1

 

 

 
47

 
 
184

Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization
(130
)
 
 
(55
)
 
(7
)
 
(3
)
 

 
(65
)
 
 
(195
)
Included in realized gains

 
 
1

 
1

 

 

 
2

 
 
2

Foreign currency translation
(1
)
 
 

 

 

 

 

 
 
(1
)
Change in unrealized

 
 

 

 

 
219

 
219

 
 
219

Balance at June 30, 2015
$
223

 
 
$
934

 
$
123

 
$
68

 
$
(383
)
 
$
742

 
 
$
965

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2014
$
214

 
 
$
898

 
$
146

 
$
82

 
$
(450
)
 
$
676

 
 
$
890

Additions
127

 
 
52

 
1

 

 

 
53

 
 
180

Amortization:
 
 
 
 
 
 
 
 
 
 
 


 
 
 
Periodic amortization
(123
)
 
 
(33
)
 
(6
)
 
(3
)
 

 
(42
)
 
 
(165
)
Included in realized gains

 
 
1

 

 

 

 
1

 
 
1

Foreign currency translation
1

 
 

 

 

 

 

 
 
1

Change in unrealized

 
 

 

 

 
(101
)
 
(101
)
 
 
(101
)
Balance at June 30, 2014
$
219

 
 
$
918

 
$
141

 
$
79

 
$
(551
)
 
$
587

 
 
$
806

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2014
$
221

 
 
$
925

 
$
132

 
$
74

 
$
(531
)
 
$
600

 
 
$
821

Additions
258

 
 
90

 
4

 

 

 
94

 
 
352

Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization
(256
)
 
 
(84
)
 
(14
)
 
(6
)
 

 
(104
)
 
 
(360
)
Included in realized gains

 
 
3

 
1

 

 

 
4

 
 
4

Foreign currency translation

 
 

 

 

 

 

 
 

Change in unrealized

 
 

 

 

 
148

 
148

 
 
148

Balance at June 30, 2015
$
223

 
 
$
934

 
$
123

 
$
68

 
$
(383
)
 
$
742

 
 
$
965

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2013
$
211

 
 
$
875

 
$
149

 
$
85

 
$
(345
)
 
$
764

 
 
$
975

Additions
251

 
 
102

 
5

 

 

 
107

 
 
358

Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization
(244
)
 
 
(60
)
 
(13
)
 
(6
)
 

 
(79
)
 
 
(323
)
Included in realized gains

 
 
1

 

 

 

 
1

 
 
1

Foreign currency translation
1

 
 

 

 

 

 

 
 
1

Change in unrealized

 
 

 

 

 
(206
)
 
(206
)
 
 
(206
)
Balance at June 30, 2014
$
219

 
 
$
918

 
$
141

 
$
79

 
$
(551
)
 
$
587

 
 
$
806