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FAIR VALUE MEASUREMENTS (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2013
Dec. 31, 2012
Jun. 30, 2012
Recurring Basis
Jun. 30, 2013
Recurring Basis
U.S. government and government sponsored entities
Jun. 30, 2013
Recurring Basis
U.S. government and government sponsored entities
Jun. 30, 2013
Recurring Basis
Non-U.S. government
Jun. 30, 2012
Recurring Basis
Non-U.S. government
Jun. 30, 2013
Recurring Basis
Non-U.S. government
Jun. 30, 2012
Recurring Basis
Non-U.S. government
Jun. 30, 2013
Recurring Basis
Level 1
Dec. 31, 2012
Recurring Basis
Level 1
Jun. 30, 2013
Recurring Basis
Level 1
Interest rate contracts
Dec. 31, 2012
Recurring Basis
Level 1
Interest rate contracts
Jun. 30, 2013
Recurring Basis
Level 1
Equity contracts
Dec. 31, 2012
Recurring Basis
Level 1
Equity contracts
Jun. 30, 2013
Recurring Basis
Level 1
U.S. government and government sponsored entities
Dec. 31, 2012
Recurring Basis
Level 1
U.S. government and government sponsored entities
Jun. 30, 2013
Recurring Basis
Level 1
Non-U.S. government
Dec. 31, 2012
Recurring Basis
Level 1
Non-U.S. government
Jun. 30, 2013
Recurring Basis
Level 1
Common Stock
Dec. 31, 2012
Recurring Basis
Level 1
Common Stock
Jun. 30, 2013
Recurring Basis
Level 1
Mutual Funds
Dec. 31, 2012
Recurring Basis
Level 1
Mutual Funds
Jun. 30, 2013
Recurring Basis
Level 2
Dec. 31, 2012
Recurring Basis
Level 2
Jun. 30, 2013
Recurring Basis
Level 2
Interest rate contracts
Dec. 31, 2012
Recurring Basis
Level 2
Interest rate contracts
Jun. 30, 2013
Recurring Basis
Level 2
Foreign exchange contracts
Dec. 31, 2012
Recurring Basis
Level 2
Foreign exchange contracts
Jun. 30, 2013
Recurring Basis
Level 2
Equity contracts
Dec. 31, 2012
Recurring Basis
Level 2
Equity contracts
Jun. 30, 2013
Recurring Basis
Level 2
Commodity contracts
Dec. 31, 2012
Recurring Basis
Level 2
Commodity contracts
Jun. 30, 2013
Recurring Basis
Level 2
Other contracts
Dec. 31, 2012
Recurring Basis
Level 2
Other contracts
Jun. 30, 2013
Recurring Basis
Level 2
U.S. government and government sponsored entities
Dec. 31, 2012
Recurring Basis
Level 2
U.S. government and government sponsored entities
Jun. 30, 2013
Recurring Basis
Level 2
Obligations of states, municipalities and political subdivisions
Dec. 31, 2012
Recurring Basis
Level 2
Obligations of states, municipalities and political subdivisions
Jun. 30, 2013
Recurring Basis
Level 2
Non-U.S. government
Dec. 31, 2012
Recurring Basis
Level 2
Non-U.S. government
Jun. 30, 2013
Recurring Basis
Level 2
Corporate debt
Dec. 31, 2012
Recurring Basis
Level 2
Corporate debt
Jun. 30, 2013
Recurring Basis
Level 2
Residential mortgage backed securities (RMBS)
Dec. 31, 2012
Recurring Basis
Level 2
Residential mortgage backed securities (RMBS)
Jun. 30, 2013
Recurring Basis
Level 2
Commercial mortgage-backed securities (CMBS)
Dec. 31, 2012
Recurring Basis
Level 2
Commercial mortgage-backed securities (CMBS)
Jun. 30, 2013
Recurring Basis
Level 2
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Dec. 31, 2012
Recurring Basis
Level 2
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Dec. 31, 2012
Recurring Basis
Level 2
Common Stock
Jun. 30, 2013
Recurring Basis
Level 2
Preferred Stock
Dec. 31, 2012
Recurring Basis
Level 2
Preferred Stock
Jun. 30, 2013
Recurring Basis
Level 2
Mutual Funds
Dec. 31, 2012
Recurring Basis
Level 2
Mutual Funds
Jun. 30, 2013
Recurring Basis
Level 3
Dec. 31, 2012
Recurring Basis
Level 3
Jun. 30, 2013
Recurring Basis
Level 3
Interest rate contracts
Dec. 31, 2012
Recurring Basis
Level 3
Interest rate contracts
Jun. 30, 2013
Recurring Basis
Level 3
Equity contracts
Dec. 31, 2012
Recurring Basis
Level 3
Equity contracts
Jun. 30, 2013
Recurring Basis
Level 3
Commodity contracts
Dec. 31, 2012
Recurring Basis
Level 3
Commodity contracts
Jun. 30, 2013
Recurring Basis
Level 3
Credit contracts
Dec. 31, 2012
Recurring Basis
Level 3
Credit contracts
Jun. 30, 2013
Recurring Basis
Level 3
Other contracts
Dec. 31, 2012
Recurring Basis
Level 3
Other contracts
Jun. 30, 2013
Recurring Basis
Level 3
Obligations of states, municipalities and political subdivisions
Dec. 31, 2012
Recurring Basis
Level 3
Obligations of states, municipalities and political subdivisions
Jun. 30, 2013
Recurring Basis
Level 3
Non-U.S. government
Dec. 31, 2012
Recurring Basis
Level 3
Non-U.S. government
Jun. 30, 2013
Recurring Basis
Level 3
Corporate debt
Dec. 31, 2012
Recurring Basis
Level 3
Corporate debt
Jun. 30, 2013
Recurring Basis
Level 3
Residential mortgage backed securities (RMBS)
Dec. 31, 2012
Recurring Basis
Level 3
Residential mortgage backed securities (RMBS)
Jun. 30, 2013
Recurring Basis
Level 3
Commercial mortgage-backed securities (CMBS)
Dec. 31, 2012
Recurring Basis
Level 3
Commercial mortgage-backed securities (CMBS)
Jun. 30, 2013
Recurring Basis
Level 3
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Dec. 31, 2012
Recurring Basis
Level 3
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Jun. 30, 2013
Recurring Basis
Level 3
Common Stock
Dec. 31, 2012
Recurring Basis
Level 3
Common Stock
Jun. 30, 2013
Recurring Basis
Level 3
Preferred Stock
Dec. 31, 2012
Recurring Basis
Level 3
Preferred Stock
Jun. 30, 2013
Recurring Basis
Counterparty Netting
Dec. 31, 2012
Recurring Basis
Counterparty Netting
Jun. 30, 2013
Recurring Basis
Counterparty Netting
Counterparty netting and cash collateral
Dec. 31, 2012
Recurring Basis
Counterparty Netting
Counterparty netting and cash collateral
Jun. 30, 2013
Recurring Basis
Cash Collateral
Dec. 31, 2012
Recurring Basis
Cash Collateral
Jun. 30, 2013
Recurring Basis
Cash Collateral
Counterparty netting and cash collateral
Dec. 31, 2012
Recurring Basis
Cash Collateral
Counterparty netting and cash collateral
Jun. 30, 2013
Recurring Basis
Total Fair Value
Dec. 31, 2012
Recurring Basis
Total Fair Value
Jun. 30, 2013
Recurring Basis
Total Fair Value
Interest rate contracts
Dec. 31, 2012
Recurring Basis
Total Fair Value
Interest rate contracts
Jun. 30, 2013
Recurring Basis
Total Fair Value
Foreign exchange contracts
Dec. 31, 2012
Recurring Basis
Total Fair Value
Foreign exchange contracts
Jun. 30, 2013
Recurring Basis
Total Fair Value
Equity contracts
Dec. 31, 2012
Recurring Basis
Total Fair Value
Equity contracts
Jun. 30, 2013
Recurring Basis
Total Fair Value
Commodity contracts
Dec. 31, 2012
Recurring Basis
Total Fair Value
Commodity contracts
Jun. 30, 2013
Recurring Basis
Total Fair Value
Credit contracts
Dec. 31, 2012
Recurring Basis
Total Fair Value
Credit contracts
Jun. 30, 2013
Recurring Basis
Total Fair Value
Other contracts
Dec. 31, 2012
Recurring Basis
Total Fair Value
Other contracts
Jun. 30, 2013
Recurring Basis
Total Fair Value
Counterparty netting and cash collateral
Dec. 31, 2012
Recurring Basis
Total Fair Value
Counterparty netting and cash collateral
Jun. 30, 2013
Recurring Basis
Total Fair Value
U.S. government and government sponsored entities
Dec. 31, 2012
Recurring Basis
Total Fair Value
U.S. government and government sponsored entities
Jun. 30, 2013
Recurring Basis
Total Fair Value
Obligations of states, municipalities and political subdivisions
Dec. 31, 2012
Recurring Basis
Total Fair Value
Obligations of states, municipalities and political subdivisions
Jun. 30, 2013
Recurring Basis
Total Fair Value
Non-U.S. government
Dec. 31, 2012
Recurring Basis
Total Fair Value
Non-U.S. government
Jun. 30, 2013
Recurring Basis
Total Fair Value
Corporate debt
Dec. 31, 2012
Recurring Basis
Total Fair Value
Corporate debt
Jun. 30, 2013
Recurring Basis
Total Fair Value
Residential mortgage backed securities (RMBS)
Dec. 31, 2012
Recurring Basis
Total Fair Value
Residential mortgage backed securities (RMBS)
Jun. 30, 2013
Recurring Basis
Total Fair Value
Commercial mortgage-backed securities (CMBS)
Dec. 31, 2012
Recurring Basis
Total Fair Value
Commercial mortgage-backed securities (CMBS)
Jun. 30, 2013
Recurring Basis
Total Fair Value
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Dec. 31, 2012
Recurring Basis
Total Fair Value
Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
Jun. 30, 2013
Recurring Basis
Total Fair Value
Common Stock
Dec. 31, 2012
Recurring Basis
Total Fair Value
Common Stock
Jun. 30, 2013
Recurring Basis
Total Fair Value
Preferred Stock
Dec. 31, 2012
Recurring Basis
Total Fair Value
Preferred Stock
Jun. 30, 2013
Recurring Basis
Total Fair Value
Mutual Funds
Dec. 31, 2012
Recurring Basis
Total Fair Value
Mutual Funds
Fair Value, Assets Measured on Recurring Basis                                                                                                                                                                                                                                                            
Bonds available for sale                   $ 828 $ 1,004         $ 266   $ 562 $ 1,004         $ 232,511 $ 244,803                     $ 3,264 $ 3,483 $ 31,783 $ 34,681 $ 23,047 $ 25,782 $ 142,323 $ 149,625 $ 23,288 $ 22,730 $ 5,226 $ 5,010 $ 3,580 $ 3,492           $ 27,890 $ 24,152                     $ 945 $ 1,024 $ 20 $ 14 $ 1,634 $ 1,487 $ 13,694 $ 11,662 $ 5,455 $ 4,905 $ 6,142 $ 5,060                         $ 261,229 $ 269,959                             $ 3,530 $ 3,483 $ 32,728 $ 35,705 $ 23,629 $ 26,800 $ 143,957 $ 151,112 $ 36,982 $ 34,392 $ 10,681 $ 9,915 $ 9,722 $ 8,552            
Bond trading securities, at fair value 23,789 24,584               164 266         164 266             13,051 14,574                     5,897 6,528 181   2 2 1,098 1,320 1,404 1,331 881 1,424 3,588 3,969           10,574 9,744                                 782 396 820 803 8,972 8,545                         23,789 24,584                             6,061 6,794 181   2 2 1,098 1,320 2,186 1,727 1,701 2,227 12,560 12,514            
Equity securities available for sale 3,153 3,212               2,987 3,085                 2,817 3,002 170 83 42 59                                                 3 33 34 9 22 124 68                                             76 24 48 44                 3,153 3,212                                                         2,893 3,029 81 78 179 105
Equity securities trading 758 662               676 578                         82 84                                                                                                                                   758 662                                                                    
Mortgage and other loans receivable                                               59 134                                                                                                                                   59 134                                                                    
Other invested assets 7,871 7,056               11 125                         2,221 1,542                                                           5,639 5,389                                                                     7,871 7,056                                                                    
Derivative assets, at fair value 2,805 3,671               145 106 8 2 137 104                 4,405 5,832 4,109 5,521 117 104 55 63 123 144 1                                         1,127 1,109 961 956 73 54 1 1 56 60 36 38                                 (2,011) (2,467) (2,011) (2,467) (861) (909) (861) (909) 2,805 3,671 5,078 6,479 117 104 265 221 124 145 56 60 37 38 (2,872) (3,376)                                        
Short-term investments, portion measured at fair value 6,099 8,056               215 285                         5,884 7,771                                                                                                                                   6,099 8,056                                                                    
Separate account assets, at fair value 61,759 57,337               58,796 54,430                         2,963 2,907                                                                                                                                   61,759 57,337                                                                    
Other assets 582 696                                           582 696                                                                                                                                   582 696                                                                    
Fair value assets measured on recurring basis, total                   63,822 59,879                         261,800 278,402                                                           45,354 40,462                                                     (2,011) (2,467)     (861) (909)     368,104 375,367                                                                    
Fair Value, Liabilities Measured on Recurring Basis                                                                                                                                                                                                                                                            
Policyholder contract deposits, portion measured at fair value 586 1,257                                                                                                         586 1,257                                                                     586 1,257                                                                    
Derivative liabilities, at fair value 3,124 4,061                                           4,771 6,022 4,359 5,582 155 174 104 114 127 146 26 6                                       1,976 2,482 182 224 3 7     1,650 2,051 141 200                                 (2,011) (2,467) (2,011) (2,467) (1,612) (1,976) (1,612) (1,976) 3,124 4,061 4,541 5,806 155 174 107 121 127 146 1,650 2,051 167 206 (3,623) (4,443)                                        
Long-term debt, portion measured at fair value 7,013 8,055                                           6,594 7,711                                                           419 344                                                                     7,013 8,055                                                                    
Other liabilities 867 1,080               116 30                         751 1,050                                                                                                                                   867 1,080                                                                    
Fair value liabilities measured on recurring basis, total                   116 30                         12,116 14,783                                                           2,981 4,083                                                     (2,011) (2,467)     (1,612) (1,976)     11,590 14,453                                                                    
Securities collateral posted for derivative transactions                                                                                                                                                                             1,400 1,900                                                                            
Securities collateral received not reflected in balance sheet                                                                                                                                                                             143 299                                                                            
Assets transferred from Level 1 to Level 2       0 93.0 318.0 135.9 557.0 135.9                                                                                                                                                                                                                                          
Assets transferred from Level 2 to Level 1     $ 0