Segment Information (Tables)

12 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

Segment Reporting Information, by Segment

	Operating Results
Year Ended December 31, 2017	Annuities		Life			Run-off		Corporate & Other			Total
	(In millions)
Pre-tax adjusted earnings	$	1,386	$	7		$	147	$	57		$	1,597
Provision for income tax expense (benefit)	369		(9		)	43		274			677
Adjusted earnings	$	1,017	$	16		$	104	$	(217	)	920
Adjustments for:
Net investment gains (losses)											(28		)
Net derivative gains (losses)											(1,620		)
Other adjustments to net income											(564		)
Provision for income tax (expense) benefit											914
Net income (loss)											$	(378	)
Interest revenue	$	1,277	$	342		$	1,399	$	192
Interest expense	$	—	$	—		$	23	$	132

Balance at December 31, 2017	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Total assets	$	154,667	$	18,049	$	36,824	$	14,652	$	224,192
Separate account assets	$	109,888	$	5,250	$	3,119	$	—	$	118,257
Separate account liabilities	$	109,888	$	5,250	$	3,119	$	—	$	118,257

	Operating Results
Year Ended December 31, 2016	Annuities		Life		Run-off			Corporate & Other			Total
	(In millions)
Pre-tax adjusted earnings	$	1,636	$	26	$	(834	)	$	39		$	867
Provision for income tax expense (benefit)	484		—		(295		)	(8		)	181
Adjusted earnings	$	1,152	$	26	$	(539	)	$	47		686
Adjustments for:
Net investment gains (losses)											(78		)
Net derivative gains (losses)											(5,851		)
Other adjustments to net income											357
Provision for income tax (expense) benefit											1,947
Net income (loss)											$	(2,939	)
Interest revenue	$	1,451	$	371	$	1,441		$	239
Interest expense	$	—	$	—	$	61		$	111

Balance at December 31, 2016	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Total assets	$	152,146	$	17,150	$	40,007	$	12,627	$	221,930
Separate account assets	$	104,855	$	4,704	$	3,484	$	—	$	113,043
Separate account liabilities	$	104,855	$	4,704	$	3,484	$	—	$	113,043

	Operating Results
Year Ended December 31, 2015	Annuities		Life		Run-off		Corporate & Other			Total
	(In millions)
Pre-tax adjusted earnings	$	1,452	$	21	$	717	$	(77	)	$	2,113
Provision for income tax expense (benefit)	363		1		249		(41		)	572
Adjusted earnings	$	1,089	$	20	$	468	$	(36	)	1,541
Adjustments for:
Net investment gains (losses)										7
Net derivative gains (losses)										(326		)
Other adjustments to net income										(332		)
Provision for income tax (expense) benefit										229
Net income (loss)										$	1,119
Interest revenue	$	1,281	$	371	$	1,551	$	125
Interest expense	$	—	$	—	$	60	$	101

Reconciliation of Revenue from Segments to Consolidated

The following table presents total revenues with respect to the Company’s segments, as well as Corporate & Other:

	Years Ended December 31,
	2017			2016			2015
	(In millions)
Annuities	$	4,370		$	4,958		$	5,229
Life	1,315			1,249			1,137
Run-off	2,147			2,343			2,367
Corporate & Other	510			401			415
Adjustments	(1,500		)	(5,933		)	(257		)
Total	$	6,842		$	3,018		$	8,891

Premiums, Universal Life and Investment-Type Product Policy Fees and Other Revenues by Product Groups

The following table presents total premiums, universal life and investment-type product policy fees and other revenues by major product groups of the Company’s segments, as well as Corporate & Other:

	Years Ended December 31,
	2017		2016		2015
	(In millions)
Annuity products	$	3,363	$	3,938	$	4,249
Life insurance products	1,822		1,745		1,726
Other products	227		57		136
Total	$	5,412	$	5,740	$	6,111