XML 22 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Insurance premiums $ 4,601 $ 3,256 $ 2,987
Fee income 5,986 5,619 5,244
Net investment income 5,085 4,990 4,874
Realized gain (loss):      
Total other-than-temporary impairment losses on securities (7) (18) (145)
Portion of loss recognized in other comprehensive income     43
Net other-than-temporary impairment losses on securities recognized in earnings (7) (18) (102)
Realized gain (loss), excluding other-than-temporary impairment losses on securities 148 (152) (237)
Total realized gain (loss) 141 (170) (339)
Amortization of deferred gain on business sold through reinsurance 9 23 73
Other revenues 602 539 491
Total revenues 16,424 14,257 13,330
Expenses      
Interest credited 2,617 2,590 2,564
Benefits 6,786 5,160 4,692
Commissions and other expenses 4,763 4,176 4,277
Interest and debt expense 297 253 331
Strategic digitization expense 76 43 8
Impairment of intangibles   905  
Total expenses 14,539 13,127 11,872
Income (loss) before taxes 1,885 1,130 1,458
Federal income tax expense (benefit) 244 (949) 266
Net income (loss) 1,641 2,079 1,192
Other comprehensive income (loss), net of tax      
Unrealized investment gains (losses) (3,449) 1,643 709
Foreign currency translation adjustment (9) 13 (22)
Funded status of employee benefit plans (7) 8 34
Total other comprehensive income (loss), net of tax (3,465) 1,664 721
Comprehensive income (loss) $ (1,824) $ 3,743 $ 1,913
Net Income (Loss) Per Common Share      
Basic (in dollars per share) $ 7.60 $ 9.36 $ 5.09
Diluted (in dollars per share) 7.40 9.22 5.03
Cash Dividends Declared Per Common Share $ 1.36 $ 1.20 $ 1.04