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Assets Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance $ 5,802 $ 6,133 $ 5,871 $ 6,162
Total realized and unrealized gains (losses), Included in net income 4 1 11 (8)
Total realized and unrealized gains (losses), Included in OCI 92 (82) 129 (45)
Purchases 387 120 537 301
Sales (127) (83) (155) (242)
Issuances 1 0 2 1
Settlements (159) (362) (284) (497)
Transfer into Level 3 135 98 204 251
Transfer out of Level 3 (148) (20) (328) (118)
Ending balance 5,987 5,805 5,987 5,805
Total gains (losses) included in net income attributable to assets still held 3 (2) 12 (16)
Restricted other invested assets related to securitization entities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 218 199 211 194
Total realized and unrealized gains (losses), Included in net income 6 (6) 13 (1)
Total realized and unrealized gains (losses), Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfer into Level 3 0 0 0 0
Transfer out of Level 3 0 0 0 0
Ending balance 224 193 224 193
Total gains (losses) included in net income attributable to assets still held 6 (6) 13 (1)
Other assets
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance   10 [1]   9 [1]
Total realized and unrealized gains (losses), Included in net income   (1) [1]   0 [1]
Total realized and unrealized gains (losses), Included in OCI   0 [1]   0 [1]
Purchases   0 [1]   0 [1]
Sales   0 [1]   0 [1]
Issuances   0 [1]   0 [1]
Settlements   (9) [1]   (9) [1]
Transfer into Level 3   0 [1]   0 [1]
Transfer out of Level 3   0 [1]   0 [1]
Ending balance   0 [1]   0 [1]
Total gains (losses) included in net income attributable to assets still held   0 [1]   0 [1]
Reinsurance recoverable
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 2 [2] 6 [2] (1) [2] 10 [2]
Total realized and unrealized gains (losses), Included in net income 0 [2] (3) [2] 2 [2] (8) [2]
Total realized and unrealized gains (losses), Included in OCI 0 [2] 0 [2] 0 [2] 0 [2]
Purchases 0 [2] 0 [2] 0 [2] 0 [2]
Sales 0 [2] 0 [2] 0 [2] 0 [2]
Issuances 1 [2] 0 [2] 2 [2] 1 [2]
Settlements 0 [2] 0 [2] 0 [2] 0 [2]
Transfer into Level 3 0 [2] 0 [2] 0 [2] 0 [2]
Transfer out of Level 3 0 [2] 0 [2] 0 [2] 0 [2]
Ending balance 3 [2] 3 [2] 3 [2] 3 [2]
Total gains (losses) included in net income attributable to assets still held 0 [2] (3) [2] 2 [2] (8) [2]
Fixed maturity securities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 5,453 5,734 5,524 5,740
Total realized and unrealized gains (losses), Included in net income 9 7 16 6
Total realized and unrealized gains (losses), Included in OCI 92 (81) 129 (44)
Purchases 383 112 527 286
Sales (115) (48) (143) (189)
Issuances 0 0 0 0
Settlements (157) (334) (277) (464)
Transfer into Level 3 135 98 204 251
Transfer out of Level 3 (148) (20) (328) (118)
Ending balance 5,652 5,468 5,652 5,468
Total gains (losses) included in net income attributable to assets still held 8 8 15 5
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 4 5 5 9
Total realized and unrealized gains (losses), Included in net income 0 0 0 0
Total realized and unrealized gains (losses), Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements 0 0 (1) (4)
Transfer into Level 3 0 0 0 0
Transfer out of Level 3 0 0 0 0
Ending balance 4 5 4 5
Total gains (losses) included in net income attributable to assets still held 0 0 0 0
Fixed maturity securities | Government - non-U.S.
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 24 8 23 9
Total realized and unrealized gains (losses), Included in net income 0 0 0 0
Total realized and unrealized gains (losses), Included in OCI 0 0 0 0
Purchases 1 0 3 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements 0 0 (1) (1)
Transfer into Level 3 0 0 0 0
Transfer out of Level 3 0 0 0 0
Ending balance 25 8 25 8
Total gains (losses) included in net income attributable to assets still held 0 0 0 0
Fixed maturity securities | U.S. corporate
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 2,368 [3] 2,644 [4] 2,400 [3] 2,683 [5]
Total realized and unrealized gains (losses), Included in net income 6 [3] 6 [4] 11 [3] 8 [5]
Total realized and unrealized gains (losses), Included in OCI 40 [3] (49) [4] 69 [3] (31) [5]
Purchases 55 [3] 37 [4] 145 [3] 93 [5]
Sales (39) [3] (24) [4] (39) [3] (121) [5]
Issuances 0 [3] 0 [4] 0 [3] 0 [5]
Settlements (58) [3] (185) [4] (100) [3] (236) [5]
Transfer into Level 3 87 [3] 50 [4] 101 [3] 112 [5]
Transfer out of Level 3 (36) [3] (20) [4] (164) [3] (49) [5]
Ending balance 2,423 [3] 2,459 [4],[5] 2,423 [3] 2,459 [4],[5]
Total gains (losses) included in net income attributable to assets still held 7 [3] 5 [4] 12 [3] 4 [5]
Fixed maturity securities | Corporate - non-U.S.
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 1,798 1,970 1,819 1,983 [5]
Total realized and unrealized gains (losses), Included in net income 1 0 2 1 [5]
Total realized and unrealized gains (losses), Included in OCI 39 (37) 48 (28) [5]
Purchases 132 16 168 69 [5]
Sales (76) (19) (76) (19) [5]
Issuances 0 0 0 0 [5]
Settlements (55) (84) (90) (107) [5]
Transfer into Level 3 15 0 15 0 [5]
Transfer out of Level 3 0 0 (32) (53) [5]
Ending balance 1,854 1,846 [5] 1,854 1,846 [5]
Total gains (losses) included in net income attributable to assets still held 1 0 2 1 [5]
Fixed maturity securities | Residential mortgage-backed
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 93 130 105 157
Total realized and unrealized gains (losses), Included in net income 0 (1) 0 (2)
Total realized and unrealized gains (losses), Included in OCI 1 0 2 1
Purchases 0 0 0 0
Sales 0 (5) (23) (5)
Issuances 0 0 0 0
Settlements (2) (8) (5) (19)
Transfer into Level 3 11 0 24 0
Transfer out of Level 3 (30) 0 (30) (16)
Ending balance 73 116 73 116
Total gains (losses) included in net income attributable to assets still held 0 1 0 0
Fixed maturity securities | Commercial mortgage-backed
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 13 26 6 35
Total realized and unrealized gains (losses), Included in net income 0 (2) 0 (4)
Total realized and unrealized gains (losses), Included in OCI 1 1 3 (1)
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (1) (16) (2) (26)
Transfer into Level 3 0 4 6 9
Transfer out of Level 3 (8) 0 (8) 0
Ending balance 5 13 5 13
Total gains (losses) included in net income attributable to assets still held 0 (1) 0 (3)
Fixed maturity securities | Other asset-backed
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 1,153 [3] 951 [4] 1,166 [3] 864 [5]
Total realized and unrealized gains (losses), Included in net income 2 [3] 4 [4] 3 [3] 3 [5]
Total realized and unrealized gains (losses), Included in OCI 11 [3] 4 [4] 7 [3] 15 [5]
Purchases 195 [3] 59 [4] 211 [3] 124 [5]
Sales 0 [3] 0 [4] (5) [3] (44) [5]
Issuances 0 [3] 0 [4] 0 [3] 0 [5]
Settlements (41) [3] (41) [4] (78) [3] (71) [5]
Transfer into Level 3 22 [3] 44 [4] 58 [3] 130 [5]
Transfer out of Level 3 (74) [3] 0 [4] (94) [3] 0 [5]
Ending balance 1,268 [3] 1,021 [4],[5] 1,268 [3] 1,021 [4],[5]
Total gains (losses) included in net income attributable to assets still held 0 [3] 3 [4] 1 [3] 3 [5]
Equity securities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 78 92 78 99
Total realized and unrealized gains (losses), Included in net income 0 2 0 2
Total realized and unrealized gains (losses), Included in OCI 0 (1) 0 (1)
Purchases 0 1 0 1
Sales (11) (6) (11) (13)
Issuances 0 0 0 0
Settlements 0 0 0  
Transfer into Level 3 0 0 0 0
Transfer out of Level 3 0 0 0 0
Ending balance 67 88 67 88
Total gains (losses) included in net income attributable to assets still held 0 0 0 0
Other invested assets
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 51 92 59 110
Total realized and unrealized gains (losses), Included in net income (11) 2 (20) (7)
Total realized and unrealized gains (losses), Included in OCI 0 0 0 0
Purchases 4 7 10 14
Sales (1) (29) (1) (40)
Issuances 0 0 0 0
Settlements (2) (19) (7) (24)
Transfer into Level 3 0 0 0 0
Transfer out of Level 3 0 0 0 0
Ending balance 41 53 41 53
Total gains (losses) included in net income attributable to assets still held (11) (1) (18) (12)
Other invested assets | Derivative assets
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 20 25 25 34
Total realized and unrealized gains (losses), Included in net income (11) (2) (20) (14)
Total realized and unrealized gains (losses), Included in OCI 0 0 0 0
Purchases 4 7 10 14
Sales (1) 0 (1) 0
Issuances 0 0 0 0
Settlements (2) (11) (4) (15)
Transfer into Level 3 0 0 0 0
Transfer out of Level 3 0 0 0 0
Ending balance 10 19 10 19
Total gains (losses) included in net income attributable to assets still held (11) (1) (18) (14)
Other invested assets | Trading Securities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 31 67 34 76
Total realized and unrealized gains (losses), Included in net income 0 4 0 7
Total realized and unrealized gains (losses), Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 (29) 0 (40)
Issuances 0 0 0 0
Settlements 0 (8) (3) (9)
Transfer into Level 3 0 0 0 0
Transfer out of Level 3 0 0 0 0
Ending balance 31 34 31 34
Total gains (losses) included in net income attributable to assets still held 0 0 0 2
Other invested assets | Interest rate swaps | Derivative assets
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance   1   2
Total realized and unrealized gains (losses), Included in net income   (1)   (1)
Total realized and unrealized gains (losses), Included in OCI   0   0
Purchases   0   0
Sales   0   0
Issuances   0   0
Settlements   0   (1)
Transfer into Level 3   0   0
Transfer out of Level 3   0   0
Ending balance   0   0
Total gains (losses) included in net income attributable to assets still held   (1)   (1)
Other invested assets | Credit default swaps | Derivative assets
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 8 7 10 7
Total realized and unrealized gains (losses), Included in net income 0 1 0 4
Total realized and unrealized gains (losses), Included in OCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (2) (2) (4) (5)
Transfer into Level 3 0 0 0 0
Transfer out of Level 3 0 0 0 0
Ending balance 6 6 6 6
Total gains (losses) included in net income attributable to assets still held 0 1 0 3
Other invested assets | Equity index options | Derivative assets
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 11 17 12 25
Total realized and unrealized gains (losses), Included in net income (11) (2) (18) (17)
Total realized and unrealized gains (losses), Included in OCI 0 0 0 0
Purchases 4 7 10 14
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements 0 (9) 0 (9)
Transfer into Level 3 0 0 0 0
Transfer out of Level 3 0 0 0 0
Ending balance 4 13 4 13
Total gains (losses) included in net income attributable to assets still held (11) (1) (18) (16)
Other invested assets | Other foreign currency contracts | Derivative assets
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 1   3  
Total realized and unrealized gains (losses), Included in net income 0   (2)  
Total realized and unrealized gains (losses), Included in OCI 0   0  
Purchases 0   0  
Sales (1)   (1)  
Issuances 0   0  
Settlements 0   0  
Transfer into Level 3 0   0  
Transfer out of Level 3 0   0  
Ending balance 0   0  
Total gains (losses) included in net income attributable to assets still held $ 0   $ 0  
[1] Represents contingent receivables associated with recent business dispositions.
[2] Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.
[3] The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads.
[4] The transfers into and out of Level 3 were primarily related to private fixed rate U.S. corporate and structured securities. For private fixed rate U.S. corporate securities, the transfers into and out of Level 3 resulted from a change in the observability of the additional premium to the public bond spread to adjust for the liquidity and other features of our private placements and resulted in unobservable inputs having a significant impact on certain valuations for transfers in or no longer having significant impact on certain valuations for transfers out. For structured securities, the transfers into and out of Level 3 were attributable to the changes in the observability of inputs used in the valuation as a result of liquidity or marketability of certain instruments that had a significant impact on the primary pricing source used to value the instruments.
[5] The transfers into and out of Level 3 were primarily related to private fixed rate U.S. corporate and corporate-non-U.S. securities and structured securities. For private fixed rate U.S. corporate and corporate-non-U.S. securities, the transfers into and out of Level 3 resulted from a change in the observability of the additional premium to the public bond spread to adjust for the liquidity and other features of our private placements and resulted in unobservable inputs having a significant impact on certain valuations for transfers in or no longer having significant impact on certain valuations for transfers out. For structured securities, the transfers into and out of Level 3 were attributable to the changes in the observability of inputs used in the valuation as a result of liquidity or marketability of certain instruments that had a significant impact on the primary pricing source used to value the instruments.