STATUTORY REPORTING PRACTICES AND OTHER REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2012

STATUTORY REPORTING PRACTICES AND OTHER REGULATORY MATTERS

Schedule of favorable (unfavorable) effects of the Company's statutory surplus, compared to NAIC statutory surplus

	As of December 31,
	2012			2011
	(Dollars In Millions)
Non-admission of goodwill	$	—		$	(159	)
Report BOLI Separate Accounts at Book Value	(1		)	(7		)
Reserving difference related to a captive insurance company	(49		)	—
Total (net)	$	(50	)	$	(166	)

Schedule of favorable (unfavorable) effects on the statutory surplus of the Company's insurance subsidiaries, compared to NAIC statutory surplus

	As of December 31,
	2012		2011
	(Dollars In Millions)
Accounting for Letters of Credit as admitted assets	$	1,205	$	1,015
Accounting for Red Mountain Note as admitted asset	$	300	$	—
Reserving based on state specific actuarial practices	$	95	$	84