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DISCONTINUED OPERATIONS (Details) (USD $)
3 Months Ended 6 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Feb. 28, 2011
Star/Edison Sale
Sep. 30, 2010
Star/Edison Sale
Jan. 31, 2011
Nan Shan
Jun. 30, 2011
Nan Shan
Jun. 30, 2011
Nan Shan
Jun. 30, 2011
Discontinued operations
Jun. 30, 2011
Discontinued operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                      
Consideration in cash           $ 4,800,000,000          
Amount of debt assumed by purchaser as part of total consideration received           600,000,000          
Pre-tax gain (loss) reflected in Income (loss) from discontinued operations in the Income Statement         3,500,000,000     559,000,000 864,000,000 (719,000,000) 2,309,000,000
Voting interest (as a percent)             97.57%        
Revenues:                      
Premiums 9,619,000,000 9,898,000,000 19,080,000,000 19,380,000,000           1,548,000,000 4,097,000,000
Net investment income 4,481,000,000 4,464,000,000 11,586,000,000 10,033,000,000           497,000,000 1,209,000,000
Net realized capital gains 397,000,000 75,000,000 147,000,000 (660,000,000)           595,000,000 964,000,000
Other income 829,000,000 427,000,000 1,109,000,000 1,710,000,000             5,000,000
Total revenues 17,123,000,000 16,680,000,000 35,566,000,000 34,119,000,000           2,640,000,000 6,275,000,000
Benefits, claims and expenses 15,372,000,000 14,886,000,000 29,231,000,000 33,635,000,000           2,001,000,000 5,096,000,000
Interest expense allocation 954,000,000 1,001,000,000 1,907,000,000 2,085,000,000             2,000,000
Income from discontinued operations                   639,000,000 1,177,000,000
Gain (loss) on sales         3,500,000,000     559,000,000 864,000,000 (719,000,000) 2,309,000,000
Income (loss) from discontinued operations, before tax expense (benefit)                   (80,000,000) 3,486,000,000
Income tax expense (benefit)                   (43,000,000) 938,000,000
Income (loss) from discontinued operations, net of income tax $ (5,000,000) $ (37,000,000) $ 8,000,000 $ 2,548,000,000           $ (37,000,000) $ 2,548,000,000