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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Available-for-sale securities, at fair value:    
Fixed maturity securities (amortized cost: 2012 - $72,718; 2011 - $68,988) $ 82,036 $ 75,433
Variable interest entities' fixed maturity securities (amortized cost: 2012 - $677; 2011 - $673) 708 700
Equity securities (cost: 2012 - $137; 2011 - $135) 157 139
Trading securities 2,554 2,675
Mortgage loans on real estate 7,029 6,942
Real estate 65 137
Policy loans 2,766 2,884
Derivative Assets 2,652 3,151
Other investments 1,098 1,069
Total investments 99,065 93,130
Cash and invested cash 4,230 4,510
Deferred acquisition costs and value of business acquired 6,667 6,776
Premiums and fees receivable 380 408
Accrued investment income 1,015 981
Reinsurance recoverables 6,449 6,526
Funds withheld reinsurance asset 837 874
Goodwill 2,273 2,273
Other assets 2,580 2,536
Separate account assets 95,373 83,477
Total assets 218,869 201,491
Liabilities    
Future contract benefits 19,780 19,813
Other contract holder funds 72,218 69,466
Short-term debt 200 300
Long-term debt 5,439 5,391
Reinsurance related embedded derivatives 215 168
Funds withheld reinsurance liabilities 940 1,045
Deferred gain on business sold through reinsurance 319 394
Payables for collateral on investments 4,181 3,733
Variable interest entities' liabilities 92 193
Other liabilities 5,139 4,410
Separate account liabilities 95,373 83,477
Total liabilities 203,896 188,390
Contingencies and Commitments (See Note 13)      
Stockholders Equity    
Preferred stock - 10,000,000 shares authorized; Series A - 9,532 and 10,072 shares issued and outstanding as of December 31, 2012, and December 31, 2011, respectively 0 0
Common stock - 800,000,000 shares authorized; 271,402,586 and 291,319,222 shares issued and outstanding as of December 31, 2012, and December 31, 2011, respectively 7,121 7,590
Retained earnings 4,044 2,831
Accumulated other comprehensive income (loss) 3,808 2,680
Total stockholders' equity 14,973 13,101
Total liabilities and stockholders' equity $ 218,869 $ 201,491