XML 1089 R56.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Information (Tables)
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements [Abstract]  
Reconciliation Of Revenue From Segments To Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2014

 

2013

 

2012

 

Revenues

 

 

 

 

 

 

 

 

 

Operating revenues:

 

 

 

 

 

 

 

 

 

Annuities

$

3,746

 

$

3,321

 

$

2,975

 

Retirement Plan Services

 

1,090

 

 

1,071

 

 

1,024

 

Life Insurance

 

6,003

 

 

5,170

 

 

5,056

 

Group Protection

 

2,445

 

 

2,260

 

 

2,091

 

Other Operations

 

432

 

 

417

 

 

423

 

Excluded realized gain (loss), pre-tax

 

(165

)

 

(274

)

 

(39

)

Amortization of deferred gain arising from reserve changes on business

 

 

 

 

 

 

 

 

 

sold through reinsurance, pre-tax

 

3

 

 

3

 

 

4

 

Amortization of DFEL associated with benefit ratio unlocking, pre-tax

 

 -

 

 

1

 

 

1

 

Total revenues

$

13,554

 

$

11,969

 

$

11,535

 

 

Reconciliation Of Income (Loss) From Operations By Segments To Consolidated Net Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2014

 

2013

 

2012

 

Net Income (Loss)

 

 

 

 

 

 

 

 

 

Income (loss) from operations:

 

 

 

 

 

 

 

 

 

Annuities

$

925

 

$

750

 

$

595

 

Retirement Plan Services

 

160

 

 

141

 

 

130

 

Life Insurance

 

612

 

 

544

 

 

574

 

Group Protection

 

23

 

 

71

 

 

72

 

Other Operations

 

(109

)

 

(122

)

 

(87

)

Excluded realized gain (loss), after-tax

 

(106

)

 

(178

)

 

(25

)

Gain (loss) on early extinguishment of debt, after-tax

 

 -

 

 

 -

 

 

(3

)

Income (loss) from reserve changes (net of related

 

 

 

 

 

 

 

 

 

amortization) on business sold through reinsurance, after-tax

 

2

 

 

2

 

 

3

 

Impairment of intangibles, after-tax

 

 -

 

 

 -

 

 

2

 

Benefit ratio unlocking, after-tax

 

7

 

 

36

 

 

25

 

Income (loss) from continuing operations, after-tax

 

1,514

 

 

1,244

 

 

1,286

 

Income (loss) from discontinued operations, after-tax

 

1

 

 

 -

 

 

27

 

Net income (loss)

$

1,515

 

$

1,244

 

$

1,313

 

 

Reconciliation of Net Investment Income From Segments to Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2014

 

2013

 

2012

 

Net Investment Income

 

 

 

 

 

 

 

 

 

Annuities

$

1,033 

 

$

1,044 

 

$

1,082 

 

Retirement Plan Services

 

831 

 

 

827 

 

 

799 

 

Life Insurance

 

2,529 

 

 

2,452 

 

 

2,396 

 

Group Protection

 

180 

 

 

165 

 

 

162 

 

Other Operations

 

286 

 

 

266 

 

 

259 

 

Total net investment income

$

4,859 

 

$

4,754 

 

$

4,698 

 

 

Reconciliation of DAC VOBA Amortization From Segments to Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2014

 

2013

 

2012

 

Amortization of DAC and VOBA, Net of Interest

 

 

 

 

 

 

 

 

 

Annuities

$

362 

 

$

383 

 

$

321 

 

Retirement Plan Services

 

37 

 

 

48 

 

 

42 

 

Life Insurance

 

655 

 

 

447 

 

 

614 

 

Group Protection

 

57 

 

 

53 

 

 

49 

 

Total amortization of DAC and VOBA, net of interest

$

1,111 

 

$

931 

 

$

1,026 

 

 

Reconciliation of federal income tax expense (benefit) from segments to consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2014

 

2013

 

2012

 

Federal Income Tax Expense (Benefit)

 

 

 

 

 

 

 

 

 

Annuities

$

238

 

$

177

 

$

121

 

Retirement Plan Services

 

51

 

 

49

 

 

38

 

Life Insurance

 

295

 

 

268

 

 

264

 

Group Protection

 

12

 

 

38

 

 

39

 

Other Operations

 

(57

)

 

(71

)

 

(177

)

Excluded realized gain (loss)

 

(60

)

 

(95

)

 

(14

)

Gain (loss) on early extinguishment of debt

 

 -

 

 

 -

 

 

(2

)

Reserve changes (net of related amortization)

 

 

 

 

 

 

 

 

 

on business sold through reinsurance

 

1

 

 

1

 

 

1

 

Impairment of intangibles

 

 -

 

 

 -

 

 

(2

)

Benefit ratio unlocking

 

3

 

 

20

 

 

14

 

Total federal income tax expense (benefit)

$

483

 

$

387

 

$

282

 

 

Reconciliation of assets from segments to consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

2014

 

2013

 

Assets

 

 

 

 

 

 

Annuities

$

130,316 

 

$

120,267 

 

Retirement Plan Services

 

33,678 

 

 

32,369 

 

Life Insurance

 

70,493 

 

 

65,639 

 

Group Protection

 

4,238 

 

 

3,865 

 

Other Operations

 

14,652 

 

 

14,805 

 

Total assets

$

253,377 

 

$

236,945