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FAIR VALUE DISCLOSURES (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2014
Dec. 31, 2016
Dec. 31, 2015
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Fixed maturities, available-for-sale:   $ 32,683 $ 31,925
Fair value of freestanding derivative positions   $ 51 $ 659
Fair value of freestanding derivative positions (percentage)   8.20% 64.10%
Fair value adjustments on GMIB asset   $ 139 $ 123
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net [Abstract]      
AFS fixed maturities transferred from Level 3 to Level 2   $ 62 125
AFS fixed maturities transferred from Level 3 to Level 2     $ 99
AFS fixed maturities transferred between Level 2 and 3 (percentage)   0.90% 1.30%
Level 1      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Assets measured at fair value on recurring basis by inputs level (percentage)   71.10% 71.80%
Level 2      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Assets measured at fair value on recurring basis by inputs level (percentage)   27.90% 27.30%
Owned mortgages and asset-backed securities including CMBS at fair value   $ 340 $ 673
Level 3      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Assets measured at fair value on recurring basis by inputs level (percentage)   1.00% 0.90%
Fixed maturities fair value, broker priced   $ 111 $ 119
Owned mortgages and asset-backed securities including CMBS at fair value   373 543
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net [Abstract]      
AFS fixed maturities transferred from Level 3 to Level 2   25  
Public Fixed Maturities      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Fixed maturities, available-for-sale:   $ 24,918 $ 24,216
Fixed maturities, available for sale (percentage)   16.00% 16.20%
Private Fixed Maturities      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Fixed maturities, available-for-sale:   $ 7,652 $ 7,677
Fixed maturities, available for sale (percentage)   4.90% 5.10%
Fair Value Measurement Changes in Significant Assumptions | GMIB reinsurance contracts(4)      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $ 510    
Fair Value Measurement Changes in Significant Assumptions | GWBL and other features liability      
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Quantitative Disclosure [Line Items]      
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $ 37