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FAIR VALUE DISCLOSURES (Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: $ 32,683 $ 31,925
Trading securities, at fair value 9,134 6,886
Fair Value, Measurements, Recurring    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 32,570 31,893
Other equity investments 8 65
Trading securities, at fair value 9,134 6,886
Other invested assets: 1,178 1,028
Cash equivalents 1,529 2,150
Segregated securities 946 565
GMIB reinsurance contracts asset 10,316 10,585
Separate Accounts’ assets 111,216 107,335
Total Assets 166,897 160,507
Liabilities, Fair Value Disclosure [Abstract]    
Total Liabilities 6,491 5,501
Fair Value, Measurements, Recurring | Public Corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 13,012 13,376
Fair Value, Measurements, Recurring | Private Corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 7,040 6,926
Fair Value, Measurements, Recurring | U.S. Treasury, government and agency    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 10,336 8,775
Fair Value, Measurements, Recurring | States and political subdivisions    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 493 504
Fair Value, Measurements, Recurring | Foreign governments    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 390 415
Fair Value, Measurements, Recurring | Commercial mortgage-backed    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 371 533
Fair Value, Measurements, Recurring | Residential Mortgage Backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 314 640
Fair Value, Measurements, Recurring | Asset-backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 60 77
Fair Value, Measurements, Recurring | Redeemable preferred stock    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 554 647
Fair Value, Measurements, Recurring | Short-term investments    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 574 369
Fair Value, Measurements, Recurring | Assets of consolidated VIEs    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 553  
Fair Value, Measurements, Recurring | Swap    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: (925) 230
Fair Value, Measurements, Recurring | Credit default swaps    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 5 (22)
Fair Value, Measurements, Recurring | Future    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 (1)
Fair Value, Measurements, Recurring | Options Held    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 960 390
Fair Value, Measurements, Recurring | Floors    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 11 61
Fair Value, Measurements, Recurring | Foreign currency contracts    
Investment Fair Value Disclosure [Abstract]    
Other invested assets:   1
Fair Value, Measurements, Recurring | Guaranteed Minimum Withdrawal Benefit    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 5,348 5,172
Fair Value, Measurements, Recurring | SCS, SIO, MSO and IUL indexed features liability    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 875 298
Fair Value, Measurements, Recurring | Liabilities of consolidated VIEs    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 250  
Fair Value, Measurements, Recurring | Contingent Payment Arrangements    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 18 31
Fair Value, Measurements, Recurring | Level 1    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 218 258
Other equity investments 3 16
Trading securities, at fair value 478 735
Other invested assets: 342 (1)
Cash equivalents 1,529 2,150
Segregated securities 0 0
GMIB reinsurance contracts asset 0 0
Separate Accounts’ assets 108,085 104,058
Total Assets 110,655 107,216
Liabilities, Fair Value Disclosure [Abstract]    
Total Liabilities 248 0
Fair Value, Measurements, Recurring | Level 1 | Public Corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Private Corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury, government and agency    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | States and political subdivisions    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign governments    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Commercial mortgage-backed    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Residential Mortgage Backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 1 | Redeemable preferred stock    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 218 258
Fair Value, Measurements, Recurring | Level 1 | Short-term investments    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Assets of consolidated VIEs    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 342  
Fair Value, Measurements, Recurring | Level 1 | Swap    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Credit default swaps    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Future    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 (1)
Fair Value, Measurements, Recurring | Level 1 | Options Held    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Floors    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign currency contracts    
Investment Fair Value Disclosure [Abstract]    
Other invested assets:   0
Fair Value, Measurements, Recurring | Level 1 | Guaranteed Minimum Withdrawal Benefit    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 1 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 1 | Liabilities of consolidated VIEs    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 248  
Fair Value, Measurements, Recurring | Level 1 | Contingent Payment Arrangements    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 2    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 31,091 30,626
Other equity investments 0 0
Trading securities, at fair value 8,656 6,151
Other invested assets: 830 1,029
Cash equivalents 0 0
Segregated securities 946 565
GMIB reinsurance contracts asset 0 0
Separate Accounts’ assets 2,818 2,964
Total Assets 44,341 41,335
Liabilities, Fair Value Disclosure [Abstract]    
Total Liabilities 877 298
Fair Value, Measurements, Recurring | Level 2 | Public Corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 12,984 13,345
Fair Value, Measurements, Recurring | Level 2 | Private Corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 6,223 6,537
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury, government and agency    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 10,336 8,775
Fair Value, Measurements, Recurring | Level 2 | States and political subdivisions    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 451 459
Fair Value, Measurements, Recurring | Level 2 | Foreign governments    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 390 414
Fair Value, Measurements, Recurring | Level 2 | Commercial mortgage-backed    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 22 30
Fair Value, Measurements, Recurring | Level 2 | Residential Mortgage Backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 314 640
Fair Value, Measurements, Recurring | Level 2 | Asset-backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 36 37
Fair Value, Measurements, Recurring | Level 2 | Redeemable preferred stock    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 335 389
Fair Value, Measurements, Recurring | Level 2 | Short-term investments    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 574 369
Fair Value, Measurements, Recurring | Level 2 | Assets of consolidated VIEs    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 205  
Fair Value, Measurements, Recurring | Level 2 | Swap    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: (925) 230
Fair Value, Measurements, Recurring | Level 2 | Credit default swaps    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 5 (22)
Fair Value, Measurements, Recurring | Level 2 | Future    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 2 | Options Held    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 960 390
Fair Value, Measurements, Recurring | Level 2 | Floors    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 11 61
Fair Value, Measurements, Recurring | Level 2 | Foreign currency contracts    
Investment Fair Value Disclosure [Abstract]    
Other invested assets:   1
Fair Value, Measurements, Recurring | Level 2 | Guaranteed Minimum Withdrawal Benefit    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 2 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 875 298
Fair Value, Measurements, Recurring | Level 2 | Liabilities of consolidated VIEs    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 2  
Fair Value, Measurements, Recurring | Level 2 | Contingent Payment Arrangements    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 3    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 1,261 1,009
Other equity investments 5 49
Trading securities, at fair value 0 0
Other invested assets: 6 0
Cash equivalents 0 0
Segregated securities 0 0
GMIB reinsurance contracts asset 10,316 10,585
Separate Accounts’ assets 313 313
Total Assets 11,901 11,956
Liabilities, Fair Value Disclosure [Abstract]    
Total Liabilities 5,366 5,203
Fair Value, Measurements, Recurring | Level 3 | Public Corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 28 31
Fair Value, Measurements, Recurring | Level 3 | Private Corporate    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 817 389
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury, government and agency    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 3 | States and political subdivisions    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 42 45
Fair Value, Measurements, Recurring | Level 3 | Foreign governments    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 1
Fair Value, Measurements, Recurring | Level 3 | Commercial mortgage-backed    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 349 503
Fair Value, Measurements, Recurring | Level 3 | Residential Mortgage Backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 0 0
Fair Value, Measurements, Recurring | Level 3 | Asset-backed Securities    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 24 40
Fair Value, Measurements, Recurring | Level 3 | Redeemable preferred stock    
Investment Fair Value Disclosure [Abstract]    
Fixed maturities, available-for-sale: 1 0
Fair Value, Measurements, Recurring | Level 3 | Short-term investments    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Assets of consolidated VIEs    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 6  
Fair Value, Measurements, Recurring | Level 3 | Swap    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Credit default swaps    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Future    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Options Held    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Floors    
Investment Fair Value Disclosure [Abstract]    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Foreign currency contracts    
Investment Fair Value Disclosure [Abstract]    
Other invested assets:   0
Fair Value, Measurements, Recurring | Level 3 | Guaranteed Minimum Withdrawal Benefit    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 5,348 5,172
Fair Value, Measurements, Recurring | Level 3 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 3 | Liabilities of consolidated VIEs    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees 0  
Fair Value, Measurements, Recurring | Level 3 | Contingent Payment Arrangements    
Liabilities, Fair Value Disclosure [Abstract]    
Guarantees $ 18 $ 31