Realized Gain (Loss) (Tables)

9 Months Ended

Sep. 30, 2013

Realized (Gain) Loss [Abstract]

Details underlying realized (gain) loss

	For the Three				For the Nine
	Months Ended				Months Ended
	September 30,				September 30,
	2013		2012		2013		2012
Total realized gain (loss) related to certain investments (1)	$	(33)	$	(54)	$	(73)	$	(153)
Realized gain (loss) on the mark-to-market on certain instruments (2)		21		59		21		99
Indexed annuity and universal life net derivatives results: (3)
Gross gain (loss)		(12)		(5)		(25)		14
Associated amortization of DAC, VOBA, DSI and DFEL		3		-		5		(6)
Variable annuity net derivatives results: (4)
Gross gain (loss)		(4)		92		(29)		107
Associated amortization of DAC, VOBA, DSI and DFEL		(3)		(22)		(4)		(33)
Total realized gain (loss)	$	(28)	$	70	$	(105)	$	28

⁽¹⁾ See “Realized Gain (Loss) Related to Certain Investments” section in Note 5.

⁽²⁾ Represents changes in the fair values of certain derivative investments (not including those associated with our variable annuity net derivatives results), reinsurance related embedded derivatives and trading securities.

⁽³⁾ Represents the net difference between the change in the fair value of the S&P 500 call options that we hold and the change in the fair value of the embedded derivative liabilities of our indexed annuity and universal life products along with changes in the fair value of embedded derivative liabilities related to index call options we may purchase in the future to hedge contract holder index allocations applicable to future reset periods for our indexed annuity products.

⁽⁴⁾ Includes the net difference in the change in embedded derivative reserves of our GLB products and the change in the fair value of the derivative instruments we own to hedge GDB and GLB products, including the cost of purchasing the hedging instruments.