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INCOME TAXES - Income Tax Effects of Temporary Differences that Gave Rise to Deferred Income Tax Assets and Liabilities (Detail) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Deferred income tax liabilities:    
Deferred policy acquisition costs $ 2,282 $ 2,209
Unrealized gains on investment securities 1,684 2,584
Premiums receivable 139 139
Policy benefit reserves 1,313 1,376
Depreciation 61 51
Other 0 20
Total deferred income tax liabilities 5,479 6,379
Deferred income tax assets:    
Other basis differences in investment securities 1,422 1,331
Unfunded retirement benefits 15 16
Other accrued expenses 7 4
Policy and contract claims 113 99
Foreign currency loss on Japan branch 208 327
Deferred compensation 181 226
Capital loss carryforwards 0 26
Other 95 0
Total deferred income tax assets 2,041 2,029
Net deferred income tax liability 3,438 4,350
Current income tax liability 902 943
Total income tax liability $ 4,340 $ 5,293