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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Reconciliation of Segment Operating Revenues to Consolidation
The table below reconciles segment operating revenues to total revenues presented on the consolidated statements of income:
 
Years ended December 31,
(In millions)
2016
 
2015
 
2014
Operating revenue by segment
 
 
 
 
 
Retirement Services
$
3,330

 
$
2,979

 
$
2,834

Corporate and Other
268

 
112

 
55

Total segment operating revenues
3,598

 
3,091

 
2,889

Non-operating adjustments
 
 
 
 
 
Change in fair values of derivatives and embedded derivatives – index annuities, net of offsets
324

 
(390
)
 
814

Investment gains (losses), net of offsets
164

 
(132
)
 
299

VIE expenses and noncontrolling interest
13

 
33

 
79

Other adjustments to revenues
6

 
16

 
20

Total non-operating adjustments
507

 
(473
)
 
1,212

Total revenues
$
4,105

 
$
2,618

 
$
4,101
Reconciliation of Segment Operating Income to Consolidation
The table below reconciles segment operating income, net of tax, to net income available to Athene Holding Ltd. shareholders presented on the consolidated statements of income:
 
Years ended December 31,
(In millions)
2016
 
2015
 
2014
Operating income, net of tax by segment
 
 
 
 
 
Retirement Services
$
777

 
$
767

 
$
756

Corporate and other
(49
)
 
(29
)
 
29

Total segment operating income, net of tax
728

 
738

 
785

Non-operating adjustments
 
 
 
 
 
Investment gains (losses), net of offsets
47

 
(56
)
 
152

Change in fair values of derivatives and embedded derivatives – index annuities, net of offsets
95

 
(25
)
 
(30
)
Integration, restructuring and other non-operating expenses
(22
)
 
(58
)
 
(279
)
Stock-based compensation, excluding LTIP
(82
)
 
(67
)
 
(148
)
Income tax (expense) benefit – non-operating
2

 
30

 
(24
)
Total non-operating adjustments
40

 
(176
)
 
(329
)
Net income available to Athene Holding Ltd. shareholders
$
768

 
$
562

 
$
456
Reconciliation of Segment Net Investment Income to Consolidation
The table below reconciles segment net investment income to net investment income presented on the consolidated statements of income:
 
Years ended December 31,
(In millions)
2016
 
2015
 
2014
Net investment earnings by segment
 
 
 
 
 
Retirement Services
$
2,953

 
$
2,574

 
$
2,483

Corporate and Other
77

 
36

 
55

Total net investment earnings
3,030

 
2,610

 
2,538

Adjustments to net investment income
 
 
 
 
 
Reinsurance embedded derivative impacts
(189
)
 
(84
)
 
(67
)
Net VIE earnings
(1
)
 
(67
)
 
(146
)
Alternative income (gains) losses
39

 
42

 
(4
)
Other
35

 
9

 
12

Total adjustments to arrive at net investment income
(116
)
 
(100
)
 
(205
)
Net investment income
$
2,914

 
$
2,510

 
$
2,333
Reconciliation of Segment Income Tax Provision to Consolidation
The table below reconciles segment provision for income taxes – operating to income tax expense presented on the consolidated statements of income:
 
Years ended December 31,
(In millions)
2016
 
2015
 
2014
Provision for income taxes – operating by segment
 
 
 
 
 
Retirement Services
$
(46
)
 
$
39

 
$
29

Corporate and Other
(4
)
 
3

 
—

Total segment income tax expense (benefit) – operating
(50
)
 
42

 
29

Income tax (expense) benefit – non-operating
(2
)
 
(30
)
 
24

Income tax expense (benefit)
$
(52
)
 
$
12

 
$
53
Total Assets by Segment
The following represents total assets by segment:
 
December 31,
(In millions)
2016
 
2015
 
2014
Total assets by segment
 
 
 
 
 
Retirement Services
$
79,298

 
$
73,702

 
$
81,633

Corporate and Other
7,401

 
7,144

 
1,104

Total assets
$
86,699

 
$
80,846

 
$
82,737
Premiums and Deposit Revenues
Deposits, which are generally not included in revenues on the consolidated statements of income, and premiums collected are as follows:
 
Years ended December 31,
(In millions)
2016
 
2015
 
2014
Fixed indexed annuities
$
5,322

 
$
2,808

 
$
2,560

Fixed rate annuities
3,565

 
883

 
323

Payouts without life contingencies
107

 
166

 
163

Funding agreements
—

 
250

 
—

Life and other deposits
24

 
11

 
15

Total deposits
9,018

 
4,118

 
3,061

Payouts with life contingencies
21

 
53

 
32

Life and other premiums
219

 
142

 
68

Total premiums
240

 
195

 
100

Total premiums and deposits, net of ceded
$
9,258

 
$
4,313

 
$
3,161



Deposits and premiums collected by the geographical location are as follows:
 
Years ended December 31,
(In millions)
2016
 
2015
 
2014
United States
$
5,617

 
$
3,097

 
$
2,810

Bermuda
3,429

 
1,135

 
351

Germany
212

 
81

 
—

Total premiums and deposits, net of ceded
$
9,258

 
$
4,313

 
$
3,161