Deferred Policy Acquisition Costs (Tables)

9 Months Ended

Sep. 30, 2016

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			Subtotal			Unrealized			Total			Total
Balance at June 30, 2016	$	234		$	1,089		$	116		$	51		$	1,256		$	(609	)	$	647		$	881
Additions	132			48			1			—			49			—			49			181
Amortization:
Periodic amortization	(134		)	(42		)	(6		)	(3		)	(51		)	—			(51		)	(185		)
Included in realized gains	—			1			—			—			1			—			1			1
Foreign currency translation	(1		)	—			—			—			—			—			—			(1		)
Change in unrealized	—			—			—			—			—			(10		)	(10		)	(10		)
Balance at September 30, 2016	$	231		$	1,096		$	111		$	48		$	1,255		$	(619	)	$	636		$	867
Balance at June 30, 2015	$	223		$	934		$	123		$	68		$	1,125		$	(383	)	$	742		$	965
Additions	138			74			3			—			77			—			77			215
Amortization:
Periodic amortization	(132		)	(36		)	(6		)	(3		)	(45		)	—			(45		)	(177		)
Included in realized gains	—			3			—			—			3			—			3			3
Foreign currency translation	(2		)	—			—			—			—			—			—			(2		)
Change in unrealized	—			—			—			—			—			(11		)	(11		)	(11		)
Balance at September 30, 2015	$	227		$	975		$	120		$	65		$	1,160		$	(394	)	$	766		$	993
Balance at December 31, 2015	$	226		$	1,018		$	119		$	55		$	1,192		$	(234	)	$	958		$	1,184
Additions	403			172			8			—			180			—			180			583
Amortization:
Periodic amortization	(396		)	(99		)	(17		)	(7		)	(123		)	—			(123		)	(519		)
Included in realized gains	—			5			1			—			6			—			6			6
Foreign currency translation	(2		)	—			—			—			—			—			—			(2		)
Change in unrealized	—			—			—			—			—			(385		)	(385		)	(385		)
Balance at September 30, 2016	$	231		$	1,096		$	111		$	48		$	1,255		$	(619	)	$	636		$	867
Balance at December 31, 2014	$	221		$	925		$	132		$	74		$	1,131		$	(531	)	$	600		$	821
Additions	396			164			7			—			171			—			171			567
Amortization:
Periodic amortization	(388		)	(120		)	(20		)	(9		)	(149		)	—			(149		)	(537		)
Included in realized gains	—			6			1			—			7			—			7			7
Foreign currency translation	(2		)	—			—			—			—			—			—			(2		)
Change in unrealized	—			—			—			—			—			137			137			137
Balance at September 30, 2015	$	227		$	975		$	120		$	65		$	1,160		$	(394	)	$	766		$	993