XML 148 R51.htm IDEA: XBRL DOCUMENT v2.4.0.8
FAIR VALUE MEASUREMENTS (Details 7) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Dec. 31, 2012
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent $ 7,024 $ 6,041
Unfunded Commitments 929 875
Expected remaining lives of less than 3 years
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
First threshold level of remaining lives 3 years  
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part 65.00%  
Expected remaining lives of less than 3 to 7 years
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Second threshold level of remaining lives 7 years  
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part 33.00%  
Expected remaining lives of less than 7 to 10 years
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Third threshold level of remaining lives 10 years  
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part 2.00%  
Private equity funds:
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 3,418 3,233
Unfunded Commitments 907 873
Average original expected lives 10 years  
Investment redemption notice period (in days/years) 1 year  
Second investment redemption notice period 2 years  
Leveraged buyout
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 2,671 2,529
Unfunded Commitments 630 669
Real Estate / Infrastructure
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 286 251
Unfunded Commitments 40 52
Venture capital
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 144 157
Unfunded Commitments 14 16
Distressed
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 191 184
Unfunded Commitments 41 36
Other..
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 126 112
Unfunded Commitments 182 100
Hedge funds:
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 3,606 2,808
Unfunded Commitments 22 2
Hedge fund investments redeemable monthly (as a percent) 16.00%  
Hedge fund investments redeemable quarterly (as a percent) 39.00%  
Hedge fund investments redeemable semi-annually (as a percent) 23.00%  
Hedge fund investments redeemable annually (as a percent) 22.00%  
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part 74.00%  
Investment redemption notice period (in days/years) 1 day to 180 days  
Event-driven
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 908 788
Unfunded Commitments 2 2
Long-short
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 1,492 1,318
Macro
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 480 320
Distressed.
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 460 316
Unfunded Commitments 20  
Emerging markets
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent 221  
Other hedge funds
   
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE    
Fair Value Using Net Asset Value Per Share or its equivalent $ 45 $ 66