XML 68 R53.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Loss on reinsurance transaction     $ 34
Anticipated amounts due from insureds related to losses under deductible policies $ 1,200 $ 1,200  
Structured Settlement Annuities, Interest Rate, Low End 5.50% 5.50%  
Structured Settlement Annuities, Interest Rates, High End 8.00% 8.00%  
Discounted reserves for unfunded structured settlements $ 544 $ 560  
Discounted reserves for unfunded structure settlements, discount amount 841 880  
Amount of interest recognized on the discounted reserves of unfunded structured settlements $ 42 $ 42 43
Interest rates at which workers' compensation lifetime claim reserves are discounted at 3.50% 3.50%  
Workers' Compensation Liability $ 371 $ 396  
Discounted reserves for workers’ compensation lifetime claim reserves, discount amount 202 218  
Amount of interest accretion recognized on the discounted reserves of workers’ compensation lifetime claim reserves $ 17 $ 20 22
Minimum interest rate used to discount long term care claim reserves 4.50% 4.50%  
Maximum interest rate used to discount long term care claim reserves 6.80% 6.80%  
Discounted reserves for long term care claim reserves $ 2,200 $ 2,200  
Discounted reserves for long term care claim reserves, discount amount $ 529 435  
Long term care premium deficiency   296  
Write off of deferred acquisition cost asset due to long term care premium deficiency   289  
Adjustment to Active life reserves due to premium deficiency   7  
Minimum interest rate used to calculate reserves for long term care products 6.60%    
Maximum interest rate used to calculate reserves for long term care products 7.00%    
Liability balance for guaranty fund $ 125 129  
Percentage of billed receivables compared to total reinsurance receivables 3% or less    
Deposit assets $ 3 3  
Deposit liabilities 6 8  
Loss on life settlement contracts, held for sale 10    
Investments in life settlement contracts 58 74  
Increase in fair value recognized on life settlement contracts 7 1 8
Gain recognized on matured life settlement contracts 8 24 25
Decreased Net Investment Income and amortized cost of fixed maturity securities due to a change in estimate effected by a change in accounting principle   39  
Decreased Net Investment Income and amortized cost of fixed maturity securities due to a change in estimate effected by a change in accounting principle relating to 2014 and prior   $ 22  
Decrease of Basic and Diluted Earnings per Share due to change in estimate effected by a change in accounting principle   $ 0.09  
Decrease in shadow adjustment, net of tax 97 $ 177  
Reduction of net unrealized gains on investments included in AOCI due to shadow adjustments 1,014 1,111  
Foreign currency transaction gain (loss), before tax $ (9) $ (11) $ (25)
Weighted average number diluted shares outstanding adjustment 678 534 675
Antidilutive securities excluded from computation of earnings per share, amount 102 106 170
Interest paid, net $ 157 $ 152 $ 179
Income taxes paid 170 310 $ 313
Cumulative Effect of New Accounting Principle in Period of Adoption on Long Term Debt   (2)  
Cumulative Effect of New Accounting Principle in Period of Adoption on Other Assets   (2)  
Other Invested Assets Overseas Deposit 31 27  
Limited partnership investments $ 2,371 2,548  
Furniture and Fixtures [Member]      
Property, Plant and Equipment, Useful Life 7 years    
Office Equipment [Member]      
Property, Plant and Equipment, Useful Life 5 years    
Building and Building Improvements [Member]      
Property, Plant and Equipment, Useful Life 50 years    
Minimum [Member]      
Requisite service period for stock- based compensation expense 3 years    
Minimum [Member] | Computer Software, Intangible Asset [Member]      
Property, Plant and Equipment, Useful Life 3 years    
Maximum [Member]      
Requisite service period for stock- based compensation expense 4 years    
Maximum [Member] | Computer Software, Intangible Asset [Member]      
Property, Plant and Equipment, Useful Life 10 years    
Pension Plans, Defined Benefit [Member]      
Limited partnership investments $ 876 $ 935