Commitments and Guarantees, Contingent Liabilities and Litigation and Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2016

Commitments Gurantees And Contingent Liabilities [Line Items]

Operating Leases of Lessee Disclosure

The following table presents, at December 31, 2016, the Company’s future minimum lease payments under non-cancelable operating and capital leases along with associated sub-lease income:

	Operating and Capital Leases(1)		Sub-lease Income
	(in millions)
2017	$	150	$	(1	)
2018	129		0
2019	106		0
2020	80		0
2021	68		0
2022 and thereafter	185		0
Total	$	718	$	(1	)

__________

(1) Future minimum lease payments under capital leases were $24 million as of December 31, 2016.

Insolvency Assessment

Assets and liabilities held for insolvency assessments were as follows:

	As of December 31,
	2016		2015
	(in millions)
Other assets:
Premium tax offset for future undiscounted assessments	$	78	$	79
Premium tax offsets currently available for paid assessments	6		6
Total	$	84	$	85
Other liabilities:
Insolvency assessments	$	52	$	39

Securities Lending Transactions

Commitments Gurantees And Contingent Liabilities [Line Items]

Commitments And Guarantees

Indemnification of Securities Lending Transactions

	As of December 31,
	2016		2015
	(in millions)
Indemnification provided to mutual fund, trust fund, and insurance company separate account clients for securities lending	$	5,352	$	15,084
Fair value of related collateral associated with above indemnifications	$	5,465	$	15,508
Accrued liability associated with guarantee	$	0	$	0

Asset Values

Commitments Gurantees And Contingent Liabilities [Line Items]

Commitments And Guarantees

Guarantees of Asset Values

	As of December 31,
	2016		2015
	(in millions)
Guaranteed value of third parties’ assets	$	77,197	$	72,585
Fair value of collateral supporting these assets	$	77,760	$	73,634
Asset associated with guarantee, carried at fair value	$	5	$	7

Serviced Mortgage Loans

Commitments Gurantees And Contingent Liabilities [Line Items]

Commitments And Guarantees

Indemnification of Serviced Mortgage Loans

	As of December 31,
	2016		2015
	(in millions)
Maximum exposure under indemnification agreements for mortgage loans serviced by the Company	$	1,371	$	1,200
First-loss exposure portion of above	$	416	$	371
Accrued liability associated with guarantees	$	13	$	14

Other Guarantees

Commitments Gurantees And Contingent Liabilities [Line Items]

Commitments And Guarantees

Other Guarantees

	As of December 31,
	2016		2015
	(in millions)
Other guarantees where amount can be determined	$	58	$	324
Accrued liability for other guarantees and indemnifications	$	3	$	4

Commercial mortgage and other loans

Commitments Gurantees And Contingent Liabilities [Line Items]

Commitments And Guarantees

Commercial Mortgage Loan Commitments

	As of December 31,
	2016		2015
	(in millions)
Total outstanding mortgage loan commitments	$	1,984	$	2,272
Portion of commitment where prearrangement to sell to investor exists	$	454	$	721

Investments Excluding Commercial Mortgage Loans

Commitments Gurantees And Contingent Liabilities [Line Items]

Commitments And Guarantees

Commitments to Purchase Investments (excluding Commercial Mortgage Loans)

	As of December 31,
	2016		2015
	(in millions)
Expected to be funded from the general account and other operations outside the separate accounts(1)	$	6,002	$	3,787
Expected to be funded from separate accounts	$	374	$	92

__________

(1) Includes a remaining commitment of $121 million and $152 million at December 31, 2016 and 2015, respectively, related to the Company’s agreement to co-invest with the Fosun Group in a private equity fund, managed by the Fosun Group, for the Chinese marketplace.