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FAIR VALUE DISCLOSURES (Carrying Values and Fair Values of Financial Instruments) (Details) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Consolidated Amounts [Abstract]    
Mortgage loans on real estate (net of valuation allowances of $8 and $6) $ 9,757 $ 7,171
Loans to affiliates 703 1,087
Policyholders liabilities: Investment contracts 38,825 32,895
Policy loans 3,361 3,393
Separate Accounts’ liabilities 111,403 107,497
Carrying Value    
Consolidated Amounts [Abstract]    
Mortgage loans on real estate (net of valuation allowances of $8 and $6) 9,757 7,171
Loans to affiliates 703 1,087
Policyholders liabilities: Investment contracts 2,226 7,325
Funding Agreements 2,255 500
Policy loans 3,361 3,393
Short-term debt 513 584
Separate Accounts’ liabilities 6,194 5,124
Measured at Fair Value    
Consolidated Amounts [Abstract]    
Mortgage loans on real estate (net of valuation allowances of $8 and $6) 9,608 7,257
Loans to affiliates 775 1,185
Policyholders liabilities: Investment contracts 2,337 7,430
Funding Agreements 2,202 500
Policy loans 4,257 4,343
Short-term debt 513 584
Separate Accounts’ liabilities 6,194 5,124
Measured at Fair Value | Level 1    
Consolidated Amounts [Abstract]    
Short-term debt 0 0
Measured at Fair Value | Level 2    
Consolidated Amounts [Abstract]    
Loans to affiliates 775 795
Funding Agreements 2,202 500
Short-term debt 513 584
Measured at Fair Value | Level 3    
Consolidated Amounts [Abstract]    
Mortgage loans on real estate (net of valuation allowances of $8 and $6) 9,608 7,257
Loans to affiliates 0 390
Policyholders liabilities: Investment contracts 2,337 7,430
Policy loans 4,257 4,343
Separate Accounts’ liabilities $ 6,194 $ 5,124