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FAIR VALUE MEASUREMENTS - Changes in Available-For-Sale Investments and Derivatives Classified as Level 3 (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period $ 3,496 $ 574 $ 3,803 $ 560
Realized gains or losses included in earnings 81 (215) 131 (298)
Unrealized gains or losses included in other comprehensive income 303 19 278 (6)
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 (3) (290) (3)
Settlements (7) 132 (49) 254
Transfers into Level 3 206 (31) 206 (31)
Transfers out of Level 3 0 380 0 380
Balance, end of period 4,079 96 4,079 96
Change in unrealized gains (losses) still held 81 (170) 80 (229)
Fixed Maturities | Mortgage- and asset-backed Securities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 379 257 394 267
Realized gains or losses included in earnings 0 (1) (3) (7)
Unrealized gains or losses included in other comprehensive income 11 18 10 20
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements (5) (2) (16) (8)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 4 [1] 0 4 [1]
Balance, end of period 385 268 385 268
Change in unrealized gains (losses) still held 0 (1) (3) (7)
Fixed Maturities | Public Utilities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 418 0 422 0
Realized gains or losses included in earnings 0 0 0 0
Unrealized gains or losses included in other comprehensive income 31 0 27 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 449 0 449 0
Change in unrealized gains (losses) still held 0 0 0 0
Fixed Maturities | Collateralized Debt Obligations
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period   4   5
Realized gains or losses included in earnings   (1)   (2)
Unrealized gains or losses included in other comprehensive income   0   0
Purchases   0   0
Issuances   0   0
Sales   (3)   (3)
Settlements   0   0
Transfers into Level 3   0   0
Transfers out of Level 3   0   0
Balance, end of period   0   0
Change in unrealized gains (losses) still held   0   0
Fixed Maturities | Sovereign and Supranational
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 436 0 434 0
Realized gains or losses included in earnings 0 0 0 0
Unrealized gains or losses included in other comprehensive income 24 0 26 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 460 0 460 0
Change in unrealized gains (losses) still held 0 0 0 0
Fixed Maturities | Banks/financial Institutions
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 1,114 398 1,074 386
Realized gains or losses included in earnings 0 0 0 1
Unrealized gains or losses included in other comprehensive income 103 3 143 14
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 206 [2] 0 206 [2] 0
Transfers out of Level 3 0 376 [1] 0 376 [1]
Balance, end of period 1,423 25 1,423 25
Change in unrealized gains (losses) still held 0 0 0 1
Fixed Maturities | Other Corporate
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 1,031 0 1,105 0
Realized gains or losses included in earnings 0 0 2 0
Unrealized gains or losses included in other comprehensive income 42 0 0 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 (34) 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 1,073 0 1,073 0
Change in unrealized gains (losses) still held 0 0 0 0
Perpetual Securities | Banks/financial Institutions
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 307 0 526 0
Realized gains or losses included in earnings (27) 0 22 0
Unrealized gains or losses included in other comprehensive income 90 0 78 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 (256) 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 370 0 370 0
Change in unrealized gains (losses) still held (27) 0 (27) 0
Equity Securities
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 4 4 4 4
Realized gains or losses included in earnings 0 0 0 0
Unrealized gains or losses included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 4 4 4 4
Change in unrealized gains (losses) still held 0 0 0 0
Derivatives | Interest rate swaps
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 27 0 30 0
Realized gains or losses included in earnings 7 0 4 0
Unrealized gains or losses included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 59 [2] 0 59 [2]
Transfers out of Level 3 0 0 0 0
Balance, end of period 34 59 34 59
Change in unrealized gains (losses) still held 7 0 4 0
Derivatives | Foreign currency swaps
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period (113) 164 (56) 241
Realized gains or losses included in earnings 76 (138) 58 (177)
Unrealized gains or losses included in other comprehensive income 2 (2) (6) (40)
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements (2) 0 (33) 0
Transfers into Level 3 0 (90) [2] 0 (90) [2]
Transfers out of Level 3 0 0 0 0
Balance, end of period (37) (66) (37) (66)
Change in unrealized gains (losses) still held 76 (138) 58 (177)
Derivatives | Credit default swaps
       
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period (107) (253) (130) (343)
Realized gains or losses included in earnings 25 (75) 48 (113)
Unrealized gains or losses included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 134 0 262
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period (82) (194) (82) (194)
Change in unrealized gains (losses) still held $ 25 $ (31) $ 48 $ (46)
[1] A result of changing our pricing methodology to using a third party pricing vendor for estimating fair value instead of obtaining pricing of the securities from brokers or arrangers
[2] Due to a lack of visibility to observe significant inputs to price