Reinsurance (Tables)

6 Months Ended

Jun. 30, 2017

Effects Of Reinsurance [Line Items]

Components of reinsurance recoverables

(In millions)
			June 30,		December 31,		Collateral and Other Terms
Line of Business		Reinsurer(s)	2017		2016		at June 30, 2017
Ongoing operations:
	Global Health Care, Global Supplemental Benefits, Group Disability and Life, COLI	Various	$	489	$	478	Recoverables from approximately 80 reinsurers including the U.S. Government, used in the ordinary course of business. Current balances range from less than $1 million up to $93 million. Excluding the recoverable from the U.S. Government of $45 million, over 60% of the balance is from companies rated as investment grade by Standard & Poor's, and 12% is secured by assets in trusts or letters of credit.
	Total recoverables related to ongoing operations			489		478
Acquisition, disposition or runoff activities:
	Individual Life and Annuity (sold in 1998)	Lincoln National Life and Lincoln Life & Annuity of New York		3,508		3,586	Both companies' ratings are sufficient to avoid triggering a contractual obligation to fully secure the outstanding balance.
	GMDB	Berkshire		1,024		1,085	100% secured by assets in a trust.
		Other		41		44	100% secured by assets in a trust or letters of credit.
	Retirement Benefits Business (sold in 2004)	Prudential Retirement Insurance and Annuity		885		921	100% secured by assets in a trust.
	Supplemental Benefits Business (2012 acquisition)	Great American Life		290		297	100% secured by assets in a trust.
	Other run-off reinsurance	Various		65		67	100% secured by assets in trusts.
	Total recoverables related to acquisition, disposition or runoff activities			5,813		6,000
Total reinsurance recoverables			$	6,302	$	6,478

Effects of Reinsurance

	Three Months Ended					Six Months Ended
(In millions)	June 30, 2017		June 30, 2016		June 30, 2017			June 30, 2016
Ceded premiums:
Individual life insurance and annuity business sold	$	33	$	40		$	72	$	81
Other		54		73			135		168
Total ceded premiums	$	87	$	113		$	207	$	249
Reinsurance recoveries:
Individual life insurance and annuity business sold	$	66	$	66		$	136	$	134
Other		17		105			46		201
Total reinsurance recoveries	$	83	$	171		$	182	$	335

Variable Annuity [Member] | Guaranteed Minimum Death Benefit [Member]

Effects Of Reinsurance [Line Items]

Future policy benefits for GMDB business

	For the period ended
	June 30,		December 31,
(In millions)	2017		2016
Balance at January 1	$	1,224	$	1,252
Add: Unpaid claims		16		18
Less: Reinsurance and other amounts recoverable		1,129		1,164
Balance at January 1, net		111		106
Add: Incurred benefits		-		4
Less: Paid benefits (recoveries)		(1)		(1)
Ending balance, net		112		111
Less: Unpaid claims		17		16
Add: Reinsurance and other amounts recoverable		1,065		1,129
Ending balance	$	1,160	$	1,224

Account value, net amount at risk, contractholder average age

(Dollars in millions, excludes impact of reinsurance ceded)	June 30, 2017		December 31, 2016
Account value	$	10,671	$	10,650
Net amount at risk	$	2,264	$	2,458
Number of contractholders		270,000		285,000

Variable Annuity [Member] | Guaranteed Minimum Income Benefit [Member]

Effects Of Reinsurance [Line Items]

Components of reinsurance recoverables

(In millions)
		June 30,		December 31,		Collateral and Other Terms
Line of Business	Reinsurer	2017		2016		at June 30, 2017
GMIB	Berkshire	$	359	$	370	100% secured by assets in a trust.
	Sun Life Assurance Company of Canada		221		227
	Liberty Re (Bermuda) Ltd.		197		202	100% secured by assets in a trust.
Total GMIB recoverables reported in other assets		$	777	$	799