Closed Block (Tables)

12 Months Ended

Dec. 31, 2012

Closed Block Disclosure [Abstract]

Schedule of Closed Block Liabilities and Assets

			2012		2011
			(in millions)
Closed Block Liabilities
	Future policy benefits		$	50,839	$	51,423
	Policyholders' dividends payable			887		902
	Policyholders' dividend obligation			6,363		4,609
	Policyholders' account balances			5,426		5,484
	Other Closed Block liabilities			3,366		4,031
		Total Closed Block Liabilities		66,881		66,449
Closed Block Assets
	Fixed maturities, available-for-sale, at fair value			41,980		42,024
	Other trading account assets, at fair value			224		269
	Equity securities, available-for-sale, at fair value			3,225		3,122
	Commercial mortgage and other loans			8,747		8,322
	Policy loans			5,120		5,296
	Other long-term investments			2,094		2,080
	Short-term investments			1,194		485
		Total investments		62,584		61,598
	Cash and cash equivalents			511		1,006
	Accrued investment income			550		571
	Other Closed Block assets			262		284
		Total Closed Block Assets		63,907		63,459
Excess of reported Closed Block Liabilities over Closed Block Assets				2,974		2,990
Portion of above representing accumulated other comprehensive income:
		Net unrealized investment gains (losses)		5,467		3,836
		Allocated to policyholder dividend obligation		(5,478)		(3,847)
Future earnings to be recognized from Closed Block Assets and Closed Block Liabilities			$	2,963	$	2,979

Schedule of Closed Block Dividend Obligation

		Information regarding the policyholder dividend obligation is as follows:
			2012		2011
			(in millions)
Balance, January 1			$	4,609	$	2,243
	Impact from earnings allocable to policyholder dividend obligation			123		636
	Change in net unrealized investment gains (losses) allocated to policyholder dividend
		obligation		1,631		1,730
Balance, December 31			$	6,363	$	4,609

Schedule of Closed Block Revenues Benefits Expenses

		Closed Block revenues and benefits and expenses for the years ended December 31, were as follows:
			2012		2011		2010
			(in millions)
Revenues
	Premiums		$	2,817	$	2,918	$	3,007
	Net investment income			2,919		2,976		2,994
	Realized investment gains (losses), net			243		855		804
	Other income			31		38		38
		Total Closed Block revenues		6,010		6,787		6,843
Benefits and Expenses
	Policyholders' benefits			3,445		3,482		3,512
	Interest credited to policyholders' account balances			137		139		140
	Dividends to policyholders			2,021		2,571		2,071
	General and administrative expenses			492		519		540
		Total Closed Block benefits and expenses		6,095		6,711		6,263
Closed Block revenues, net of Closed Block benefits and expenses, before
	income taxes and discontinued operations			(85)		76		580
Income tax expense (benefit)				(103)		67		(38)
Closed Block revenues, net of Closed Block benefits and expenses and income
	taxes, before discontinued operations			18		9		618
Income (loss) from discontinued operations, net of taxes				(2)		0		1
Closed Block revenues, net of Closed Block benefits and expenses, income taxes
	and discontinued operations		$	16	$	9	$	619