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SEGMENT INFORMATION (Details - Continuing operations by operating segment - Pretax operating income to pre-tax income) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Reconciling items from adjusted pre-tax income to pre-tax income):        
Changes in fair value of equity securities $ 341 $ 241 $ 866 $ 444
Gain (Loss) on extinguishment of debt (15) (5) (13) (9)
Income (loss) from divested businesses (1) 25 5 33
Net reserve discount benefit (charge) (212) 14 (685) 219
Revenues 12,561 11,631 25,017 23,343
Adjusted pre-tax income (loss) 1,837 1,252 2,991 2,479
Reconciling items from adjusted pre-tax income to pre-tax income | Total Revenues        
Reconciling items from adjusted pre-tax income to pre-tax income):        
Changes in fair values of securities used to hedge guaranteed living benefits 84 (27) 189 (104)
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses) 0 0 0 0
Changes in fair value of equity securities (22) 0 57 0
Professional fees related to regulatory or accounting changes 0 0 0 0
Other income (expense) - net 4 (14) 11 (25)
Gain (Loss) on extinguishment of debt 0 0 0 0
Net realized capital gains (losses) 335 139 (154) 110
Income (loss) from divested businesses 0 0 0 0
Non-operating litigation reserves and settlements 0 1 0 2
(Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements 0 0 0 0
Net reserve discount benefit (charge) 0 0 0 0
Integration and transaction costs associated with acquired business 0 0 0 0
Restructuring and other costs 0 0 0 0
Reconciling items from adjusted pre-tax income to pre-tax income | Adjusted Pre-Tax Income (loss)        
Reconciling items from adjusted pre-tax income to pre-tax income):        
Changes in fair values of securities used to hedge guaranteed living benefits 75 (36) 171 (113)
Changes in benefit reserves and DAC, VOBA and SIA related to net realized capital gains (losses) (73) 1 26 (30)
Changes in fair value of equity securities (22) 0 57 0
Professional fees related to regulatory or accounting changes (2) 0 (2) 0
Other income (expense) - net 0 0 0 0
Gain (Loss) on extinguishment of debt (15) (5) (13) (9)
Net realized capital gains (losses) 351 155 (123) 136
Income (loss) from divested businesses (1) 25 5 33
Non-operating litigation reserves and settlements 0 (12) (1) (25)
(Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements 125 32 152 (2)
Net reserve discount benefit (charge) (212) 14 (685) 219
Integration and transaction costs associated with acquired business (6) 0 (13) 0
Restructuring and other costs $ (60) $ (200) $ (107) $ (224)