XML 143 R70.htm IDEA: XBRL DOCUMENT v3.8.0.1
SEGMENT INFORMATION (Details - Continuing operations by reportable segment - Pretax operating income to pre-tax income)) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Reconciling items from Total revenues and Pre-tax operating income (loss) to revenues and pre-tax income:                      
Gain (Loss) on extinguishment of debt $ (1) $ 1 $ (4) $ (1) $ (2) $ (14) $ 7 $ 83 $ 5 $ (74) $ (756)
Income (loss) from divested businesses (241) 13 60 100 (194) (128) (225) 2 68 545 (11)
Net reserve discount (benefit) charge                 (187) 422 71
Restructuring and other costs 154 31 47 181 206 210 90 188      
Pre-tax operating income (loss) $ 875 $ (2,803) $ 1,667 $ 1,727 $ (3,455) $ 737 $ 2,858 $ (214) 1,466 (74) 3,281
Reconciling items from pre-tax operating income to pre-tax income | Total Revenues                      
Reconciling items from Total revenues and Pre-tax operating income (loss) to revenues and pre-tax income:                      
Changes in fair values of securities used to hedge guaranteed living benefits                 146 120 (43)
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 0 0 0
Other income (expense) - net                 (49) (44) (43)
Gain (Loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 (1,380) (1,944) 776
Income (loss) from divested businesses                 0 0 (48)
Non-operating litigation reserves and settlements                 27 44 94
Reserve development related to non-operating run-off insurance business                 0 0 0
Net reserve discount (benefit) charge                 0 0 0
Pension expense related to a one-time lump sum payment to former employees                 0 0  
Restructuring and other costs                 0 0 0
Other                 0 0 0
Pre-tax operating income (loss)                 49,520 52,367 58,327
Reconciling items from pre-tax operating income to pre-tax income | Net investment income                      
Reconciling items from Total revenues and Pre-tax operating income (loss) to revenues and pre-tax income:                      
Changes in fair values of securities used to hedge guaranteed living benefits                 146 120 (43)
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 0 0 0
Other income (expense) - net                 0 0 0
Gain (Loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 0 0 0
Income (loss) from divested businesses                 0 0 0
Non-operating litigation reserves and settlements                 0 0 0
Reserve development related to non-operating run-off insurance business                 0 0 0
Net reserve discount (benefit) charge                 0 0 0
Pension expense related to a one-time lump sum payment to former employees                 0 0  
Restructuring and other costs                 0 0 0
Other                 0 0 0
Pre-tax operating income (loss)                 14,179 14,065 14,053
Reconciling items from pre-tax operating income to pre-tax income | Interest expense                      
Reconciling items from Total revenues and Pre-tax operating income (loss) to revenues and pre-tax income:                      
Changes in fair values of securities used to hedge guaranteed living benefits                 0 0 0
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 0 0 0
Other income (expense) - net                 0 0 0
Gain (Loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 0 0 0
Income (loss) from divested businesses                 0 0 0
Non-operating litigation reserves and settlements                 0 0 0
Reserve development related to non-operating run-off insurance business                 0 0 0
Net reserve discount (benefit) charge                 0 0 0
Pension expense related to a one-time lump sum payment to former employees                 0 0  
Restructuring and other costs                 0 0 0
Other                 0 0 0
Pre-tax operating income (loss)                 1,168 1,260 1,281
Reconciling items from pre-tax operating income to pre-tax income | Amortization of DAC                      
Reconciling items from Total revenues and Pre-tax operating income (loss) to revenues and pre-tax income:                      
Changes in fair values of securities used to hedge guaranteed living benefits                 0 0 0
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 (291) (276) 0
Other income (expense) - net                 0 0 0
Gain (Loss) on extinguishment of debt                 0 0 0
Net realized capital gains (losses)                 0 0 0
Income (loss) from divested businesses                 0 0 0
Non-operating litigation reserves and settlements                 0 0 0
Reserve development related to non-operating run-off insurance business                 0 0 0
Net reserve discount (benefit) charge                 0 0 0
Pension expense related to a one-time lump sum payment to former employees                 0 0  
Restructuring and other costs                 0 0 0
Other                 0 0 0
Pre-tax operating income (loss)                 4,288 4,521 5,236
Reconciling items from pre-tax operating income to pre-tax income | Adjusted Pre-Tax Income (loss)                      
Reconciling items from Total revenues and Pre-tax operating income (loss) to revenues and pre-tax income:                      
Changes in fair values of securities used to hedge guaranteed living benefits                 146 120 (43)
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains                 303 195 (15)
Other income (expense) - net                 0 0 0
Gain (Loss) on extinguishment of debt                 5 (74) (756)
Net realized capital gains (losses)                 (1,380) (1,944) 776
Income (loss) from divested businesses                 68 545 (59)
Non-operating litigation reserves and settlements                 129 41 82
Reserve development related to non-operating run-off insurance business                 (303) 42 (263)
Net reserve discount (benefit) charge                 (187) 427 71
Pension expense related to a one-time lump sum payment to former employees                 (60) (147)  
Restructuring and other costs                 (413) (694) (496)
Other                 0 0 0
Pre-tax operating income (loss)                 $ 1,466 $ (74) $ 3,281