Investments (Tables)

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements [Abstract]

Available for Sale Securities

				As of December 31, 2012
				Amortized		Gross Unrealized						Fair
				Cost		Gains		Losses		OTTI		Value
Fixed maturity securities:
	Corporate bonds			$	60,124	$	8,219	$	219	$	108	$	68,016
	U.S. government bonds				383		59		-		-		442
	Foreign government bonds				562		92		-		-		654
	RMBS				5,763		471		3		60		6,171
	CMBS				970		68		16		19		1,003
	CDOs				189		2		3		8		180
	State and municipal bonds				3,546		814		7		-		4,353
	Hybrid and redeemable preferred securities				1,181		106		70		-		1,217
	VIEs' fixed maturity securities				677		31		-		-		708
		Total fixed maturity securities			73,395		9,862		318		195		82,744
Equity securities					137		22		2		-		157
			Total AFS securities	$	73,532	$	9,884	$	320	$	195	$	82,901

				As of December 31, 2011
				Amortized		Gross Unrealized						Fair
				Cost		Gains		Losses		OTTI		Value
Fixed maturity securities:
	Corporate bonds			$	53,661	$	6,185	$	517	$	68	$	59,261
	U.S. government bonds				439		55		-		-		494
	Foreign government bonds				668		65		-		-		733
	RMBS				7,690		548		73		126		8,039
	CMBS				1,642		73		106		9		1,600
	CDOs				121		-		19		-		102
	State and municipal bonds				3,490		566		9		-		4,047
	Hybrid and redeemable preferred securities				1,277		50		170		-		1,157
	VIEs' fixed maturity securities				673		27		-		-		700
		Total fixed maturity securities			69,661		7,569		894		203		76,133
Equity securities					135		16		12		-		139
			Total AFS securities	$	69,796	$	7,585	$	906	$	203	$	76,272

			Amortized		Fair
			Cost		Value
Due in one year or less			$	2,858	$	2,910
Due after one year through five years				12,676		13,845
Due after five years through ten years				24,171		27,098
Due after ten years				26,768		31,537
	Subtotal			66,473		75,390
MBS				6,733		7,174
CDOs				189		180
		Total fixed maturity AFS securities	$	73,395	$	82,744

					As of December 31, 2012
					Less Than or Equal				Greater Than
					to Twelve Months				Twelve Months				Total
							Gross				Gross				Gross
							Unrealized				Unrealized				Unrealized
					Fair		Losses and		Fair		Losses and		Fair		Losses and
					Value		OTTI		Value		OTTI		Value		OTTI
Fixed maturity securities:
	Corporate bonds				$	2,853	$	145	$	934	$	182	$	3,787	$	327
	RMBS					272		39		199		24		471		63
	CMBS					66		16		113		19		179		35
	CDOs					10		8		53		3		63		11
	State and municipal bonds					64		1		24		6		88		7
	Hybrid and redeemable
		preferred securities				71		3		293		67		364		70
			Total fixed maturity securities			3,336		212		1,616		301		4,952		513
Equity securities						7		2		-		-		7		2
				Total AFS securities	$	3,343	$	214	$	1,616	$	301	$	4,959	$	515
Total number of AFS securities in an unrealized loss position																626

					As of December 31, 2011
					Less Than or Equal				Greater Than
					to Twelve Months				Twelve Months				Total
							Gross				Gross				Gross
							Unrealized				Unrealized				Unrealized
					Fair		Losses and		Fair		Losses and		Fair		Losses and
					Value		OTTI		Value		OTTI		Value		OTTI
Fixed maturity securities:
	Corporate bonds				$	2,848	$	162	$	1,452	$	423	$	4,300	$	585
	RMBS					565		125		429		74		994		199
	CMBS					178		15		146		100		324		115
	CDOs					9		1		80		18		89		19
	State and municipal bonds					31		-		30		9		61		9
	Hybrid and redeemable
		preferred securities				324		23		353		147		677		170
			Total fixed maturity securities			3,955		326		2,490		771		6,445		1,097
Equity securities						38		12		-		-		38		12
				Total AFS securities	$	3,993	$	338	$	2,490	$	771	$	6,483	$	1,109
Total number of AFS securities in an unrealized loss position																897

		As of December 31, 2012
		Amortized		Fair		Unrealized
		Cost		Value		Loss
Total
AFS securities backed by pools of residential mortgages		$	1,181	$	980	$	201
AFS securities backed by pools of commercial mortgages			236		192		44
	Total	$	1,417	$	1,172	$	245
Subject to Detailed Analysis
AFS securities backed by pools of residential mortgages		$	1,173	$	972	$	201
AFS securities backed by pools of commercial mortgages			56		40		16
	Total	$	1,229	$	1,012	$	217

		As of December 31, 2011
		Amortized		Fair		Unrealized
		Cost		Value		Loss
Total
AFS securities backed by pools of residential mortgages		$	2,023	$	1,553	$	470
AFS securities backed by pools of commercial mortgages			472		344		128
	Total	$	2,495	$	1,897	$	598
Subject to Detailed Analysis
AFS securities backed by pools of residential mortgages		$	2,015	$	1,545	$	470
AFS securities backed by pools of commercial mortgages			126		61		65
	Total	$	2,141	$	1,606	$	535

		As of December 31, 2012
								Number
		Fair		Gross Unrealized				of
		Value		Losses		OTTI		Securities (1)
Less than six months		$	34	$	9	$	1		14
Nine months or greater, but less than twelve months			15		10		-		3
Twelve months or greater			395		179		128		131
	Total	$	444	$	198	$	129		148

		As of December 31, 2011
								Number
		Fair		Gross Unrealized				of
		Value		Losses		OTTI		Securities (1)
Less than six months		$	385	$	125	$	31		56
Six months or greater, but less than nine months			53		30		12		18
Nine months or greater, but less than twelve months			2		-		1		7
Twelve months or greater			615		470		111		175
	Total	$	1,055	$	625	$	155		256

					For the Years Ended December 31,
					2012		2011		2010
Balance as of beginning-of-year					$	390	$	319	$	268
	Increases attributable to:
		Credit losses on securities for which an OTTI was not
			previously recognized			108		55		14
		Credit losses on securities for which an OTTI was
			previously recognized			62		71		65
	Decreases attributable to:
		Securities sold				(136)		(55)		(28)
				Balance as of end-of-year	$	424	$	390	$	319

		As of December 31, 2012
				Gross Unrealized						OTTI in
		Amortized				Losses and		Fair		Credit
		Cost		Gains		OTTI		Value		Losses
Corporate bonds		$	299	$	4	$	98	$	205	$	104
RMBS			636		22		40		618		227
CMBS			41		1		16		26		93
	Total	$	976	$	27	$	154	$	849	$	424

		As of December 31, 2011
				Gross Unrealized						OTTI in
		Amortized				Losses and		Fair		Credit
		Cost		Gains		OTTI		Value		Losses
Corporate bonds		$	169	$	1	$	67	$	103	$	51
RMBS			690		1		128		563		301
CMBS			17		-		10		7		38
	Total	$	876	$	2	$	205	$	673	$	390

Trading securities at fair value

				As of December 31,
				2012		2011
Fixed maturity securities:
	Corporate bonds			$	1,929	$	1,908
	U.S. government bonds				310		376
	Foreign government bonds				31		39
	RMBS				192		244
	CMBS				17		31
	CDOs				4		4
	State and municipal bonds				27		26
	Hybrid and redeemable preferred securities				42		45
		Total fixed maturity securities			2,552		2,673
Equity securities					2		2
			Total trading securities	$	2,554	$	2,675

Information about impaired mortgage loans

		As of December 31,
		2012		2011
Current		$	7,011	$	6,858
60 to 90 days past due			8		26
Greater than 90 days past due			24		76
Valuation allowance associated with impaired mortgage loans on real estate			(21)		(31)
Unamortized premium (discount)			7		13
	Total carrying value	$	7,029	$	6,942

		As of December 31,
		2012		2011
Number of impaired mortgage loans on real estate		10		12
Principal balance of impaired mortgage loans on real estate		$	75	$	100
Valuation allowance associated with impaired mortgage loans on real estate			(21)		(31)
	Carrying value of impaired mortgage loans on real estate	$	54	$	69

	For the Years Ended December 31,
	2012		2011		2010
Average carrying value for impaired mortgage loans on real estate	$	51	$	57	$	54
Interest income recognized on impaired mortgage loans on real estate		1		2		3
Interest income collected on impaired mortgage loans on real estate		1		2		3

Credit quality indicators for mortgage loans

		As of December 31, 2012					As of December 31, 2011
						Debt-					Debt-
						Service					Service
		Principal		% of		Coverage	Principal		% of		Coverage
Loan-to-Value		Amount		Total		Ratio	Amount		Total		Ratio
Less than 65%		$	5,677	80.6	%	1.68	$	5,338	76.7	%	1.61
65% to 74%			897	12.7	%	1.39		1,198	17.2	%	1.37
75% to 100%			386	5.5	%	0.84		308	4.4	%	0.92
Greater than 100%			83	1.2	%	0.66		116	1.7	%	0.36
	Total mortgage loans on real estate	$	7,043	100.0	%		$	6,960	100.0	%

Net investment income

				For the Years Ended December 31,
				2012		2011		2010
Fixed maturity AFS securities				$	3,910	$	3,842	$	3,694
Equity AFS securities					6		5		6
Trading securities					147		154		157
Mortgage loans on real estate					397		408		424
Real estate					16		22		24
Standby real estate equity commitments					-		1		1
Policy loans					163		165		169
Invested cash					4		4		7
Commercial mortgage loan prepayment
	and bond make-whole premiums				48		82		67
Alternative investments					125		90		93
Consent fees					4		3		8
Other investments					(19)		(13)		11
		Investment income			4,801		4,763		4,661
Investment expense					(103)		(111)		(120)
			Net investment income	$	4,698	$	4,652	$	4,541

Realized gain (loss) related to certain investments

			For the Years Ended December 31,
			2012		2011		2010
Fixed maturity AFS securities:
	Gross gains		$	16	$	86	$	107
	Gross losses			(202)		(227)		(248)
Equity AFS securities:
	Gross gains			1		12		9
	Gross losses			(9)		-		(3)
Gain (loss) on other investments				2		(9)		(53)
Associated amortization of DAC, VOBA, DSI and DFEL
	and changes in other contract holder funds			2		(10)		8
		Total realized gain (loss) related to certain investments	$	(190)	$	(148)	$	(180)

OTTI Recognized in Net Income (Loss) and OCI

					For the Years Ended December 31,
					2012		2011		2010
OTTI Recognized in Net Income (Loss)
Fixed maturity securities:
	Corporate bonds				$	(65)	$	(14)	$	(90)
	RMBS					(53)		(79)		(65)
	CMBS					(55)		(57)		(41)
	CDOs					(2)		(1)		(1)
	Hybrid and redeemable preferred securities					-		(2)		(5)
		Total fixed maturity securities				(175)		(153)		(202)
Equity securities						(8)		-		(3)
			Gross OTTI recognized in net income (loss)			(183)		(153)		(205)
			Associated amortization of DAC, VOBA, DSI and DFEL			30		29		45
				Net OTTI recognized in net income (loss), pre-tax	$	(153)	$	(124)	$	(160)
Portion of OTTI Recognized in OCI
Gross OTTI recognized in OCI					$	121	$	58	$	97
Change in DAC, VOBA, DSI and DFEL						(15)		(13)		(10)
	Net portion of OTTI recognized in OCI, pre-tax				$	106	$	45	$	87

Payables for collateral on investments

			As of December 31, 2012				As of December 31, 2011
			Carrying		Fair		Carrying		Fair
			Value		Value		Value		Value
Collateral payable held for derivative investments (1)			$	2,567	$	2,567	$	2,980	$	2,980
Securities pledged under securities lending agreements (2)				197		189		200		193
Securities pledged under reverse repurchase agreements (3)				280		294		280		294
Securities pledged for Term Asset-Backed Securities
	Loan Facility ("TALF") (4)			37		52		173		199
Investments pledged for Federal Home Loan Bank of
	Indianapolis ("FHLBI") (5)			1,100		1,936		100		142
		Total payables for collateral on investments	$	4,181	$	5,038	$	3,733	$	3,808

		For the Years Ended December 31,
		2012		2011		2010
Collateral payable held for derivative investments		$	(413)	$	2,180	$	183
Securities pledged under securities lending agreements			(3)		1		(302)
Securities pledged under reverse repurchase agreements			-		-		(64)
Securities pledged for TALF			(136)		(107)		(65)
Investments pledged for FHLBI			1,000		-		-
	Total increase (decrease) in payables for collateral on investments	$	448	$	2,074	$	(248)