FAIR VALUE DISCLOSURES (TABLES)

6 Months Ended

Jun. 30, 2012

Fair Value Disclosures Tables [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Fair Value Measurements at June 30, 2012
				Level 1		Level 2		Level 3		Total
				(In Millions)
Assets:
Investments:
	Fixed maturities, available-for-sale:
		Corporate		$	7	$	22,329	$	383	$	22,719
		U.S. Treasury, government and agency			0		5,140		0		5,140
		States and political subdivisions			0		474		52		526
		Foreign governments			0		522		0		522
		Commercial mortgage-backed			0		0		906		906
		Residential mortgage-backed(1)			0		1,789		11		1,800
		Asset-backed(2)			0		87		139		226
		Redeemable preferred stock			290		867		15		1,172
			Subtotal		297		31,208		1,506		33,011
	Other equity investments				65		8		58		131
	Trading securities				471		1,056		0		1,527
	Other invested assets:
		Short-term investments			0		134		0		134
		Swaps			0		199		0		199
		Futures			(4)		0		0		(4)
		Options			0		99		0		99
		Floors			0		315		0		315
		Swaptions			0		937		0		937
			Subtotal		(4)		1,684		0		1,680
Cash equivalents					2,926		0		0		2,926
Segregated securities					0		1,155		0		1,155
GMIB reinsurance contracts					0		0		11,381		11,381
Separate Accounts' assets					87,175		2,588		222		89,985
		Total Assets		$	90,930	$	37,699	$	13,167	$	141,796
Liabilities
GWBL and other features' liability				$	0	$	0	$	334	$	334
		Total Liabilities		$	0	$	0	$	334	$	334

Fair Value Measurements at December 31, 2011
				Level 1		Level 2		Level 3		Total
				(In Millions)
Assets:
Investments:
	Fixed maturities, available-for-sale:
		Corporate		$	7	$	22,698	$	432	$	23,137
		U.S. Treasury, government and agency			0		3,948		0		3,948
		States and political subdivisions			0		487		53		540
		Foreign governments			0		503		22		525
		Commercial mortgage-backed			0		0		902		902
		Residential mortgage-backed(1)			0		1,632		14		1,646
		Asset-backed(2)			0		92		172		264
		Redeemable preferred stock			203		813		14		1,030
			Subtotal		210		30,173		1,609		31,992
	Other equity investments				66		0		77		143
	Trading securities				457		525		0		982
	Other invested assets:
		Short-term investments			0		132		0		132
		Swaps			0		177		(2)		175
		Futures			(2)		0		0		(2)
		Options			0		7		0		7
		Floors			0		327		0		327
		Swaptions			0		1,029		0		1,029
			Subtotal		(2)		1,672		(2)		1,668
Cash equivalents					2,475		0		0		2,475
Segregated securities					0		1,280		0		1,280
GMIB reinsurance contracts					0		0		10,547		10,547
Separate Accounts' assets					83,672		2,532		215		86,419
		Total Assets		$	86,878	$	36,182	$	12,446	$	135,506
Liabilities:
GWBL and other features' liability				$	0	$	0	$	291	$	291
		Total Liabilities		$	0	$	0	$	291	$	291

Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Text Block]

Level 3 Instruments
Fair Value Measurements
							State and
							Political				Commercial		Residential
							Sub-		Foreign		Mortgage-		Mortgage-		Asset-
					Corporate		divisions		Govts		backed		backed		backed
					(In Millions)
Balance, April 1, 2012					$	394	$	52	$	20	$	933	$	12	$	165
	Total gains (losses), realized and
		unrealized, included in:
		Earnings (loss) as:
			Net investment income (loss)			0		0		0		0		0		0
			Investment gains (losses), net			0		0		0		(51)		0		0
				Subtotal		0		0		0		(51)		0		0
		Other comprehensive income (loss)				(2)		0		0		41		0		(1)
Purchases						25		0		0		0		0		0
Issues						0		0		0		0		0		0
Sales						(21)		0		0		(17)		(1)		(7)
Settlements						0		0		0		0		0		0
Transfers into Level 3(1)						5		0		0		0		0		0
Transfers out of Level 3(1)						(18)		0		(20)		0		0		(18)
Balance, June 30, 2012					$	383	$	52	$	0	$	906	$	11	$	139
Balance, April 1, 2011					$	355	$	48	$	21	$	1,107	$	0	$	125
	Total gains (losses), realized and
		unrealized, included in:
		Earnings (loss) as:
			Net investment income (loss)			1		0		0		0		0		0
			Investment gains (losses), net			0		0		0		(21)		0		0
				Subtotal		1		0		0		(21)		0		0
		Other comprehensive income (loss)				2		1		0		(6)		0		0
Purchases						100		0		0		0		0		0
Issues						0		0		0		0		0		0
Sales						(6)		0		0		(76)		0		(9)
Settlements						0		0		0		0		0		0
Transfers into Level 3(1)						2		0		0		0		0		0
Transfers out of Level 3(1)						(48)		0		0		0		0		0
Balance, June 30, 2011					$	406	$	49	$	21	$	1,004	$	0	$	116

								State and
								Political				Commercial		Residential
								Sub-		Foreign		Mortgage-		Mortgage-		Asset-
						Corporate		divisions		Govts		backed		backed		backed
						(In Millions)
Balance, January 1, 2012						$	432	$	53	$	22	$	902	$	14	$	172
	Total gains (losses), realized and
		unrealized, included in:
		Earnings (loss) as:
			Net investment income (loss)				0		0		0		1		0		0
			Investment gains (losses), net				0		0		0		(54)		0		0
			Increase (decrease) in the fair value
				of the reinsurance contracts			0		0		0		0		0		0
					Subtotal		0		0		0		(53)		0		0
		Other comprehensive income (loss)					1		0		0		78		0		0
Purchases							25		0		0		0		0		0
Issues							0		0		0		0		0		0
Sales							(25)		(1)		0		(21)		(3)		(13)
Settlements							0		0		0		0		0		0
Transfers into Level 3(1)							7		0		0		0		0		0
Transfers out of Level 3(1)							(57)		0		(22)		0		0		(20)
Balance, June 30, 2012						$	383	$	52	$	0	$	906	$	11	$	139
Balance, January 1, 2011						$	320	$	49	$	21	$	1,103	$	0	$	148
	Total gains (losses), realized and
		unrealized, included in:
		Earnings (loss) as:
			Net investment income (loss)				2		0		0		1		0		0
			Investment gains (losses), net				0		0		0		(20)		0		1
			Increase (decrease) in the fair value
				of the reinsurance contracts			0		0		0		0		0		0
					Subtotal		2		0		0		(19)		0		1
		Other comprehensive income (loss)					(2)		0		0		55		0		2
Purchases							111		0		0		0		0		0
Issues							0		0		0		0		0		0
Sales							(10)		0		0		(135)		0		(16)
Settlements							0		0		0		0		0		0
Transfers into Level 3(1)							14		0		0		0		0		0
Transfers out of Level 3(1)							(29)		0		0		0		0		(19)
Balance, June 30, 2011						$	406	$	49	$	21	$	1,004	$	0	$	116

						Redeem-										GWBL
						able		Other		Other		GMIB		Separate		and Other
						Preferred		Equity		Invested		Reinsurance		Accounts		Features
						Stock		Investments(1)		Assets		Asset		Assets		Liability
						(In Millions)
Balance, April 1, 2012						$	14	$	59	$	(59)	$	8,704	$	221	$	193
	Total gains (losses), realized and
		unrealized, included in:
		Earnings (loss) as:
			Net investment income (loss)				0		0		0		0		1		0
			Investment gains (losses), net				0		0		0		0		0		0
			Increase (decrease) in the fair value
				of the reinsurance contract asset			0		0		0		2,631		0		0
			Policyholders' benefits				0		0		0		0		0		129
					Subtotal		0		0		0		2,631		1		129
		Other comprehensive income (loss)					1		(1)		0		0		0		0
Purchases							0		0		0		60		6		12
Issues							0		0		0		0		0		0
Sales							0		0		0		(14)		(4)		0
Settlements							0		0		0		0		(1)		0
Transfers into Level 3(2)							0		0		0		0		0		0
Transfers out of Level 3(2)							0		0		59		0		(1)		0
Balance, June 30, 2012						$	15	$	58	$	0	$	11,381	$	222	$	334
Balance, April 1, 2011						$	3	$	73	$	0	$	3,673	$	212	$	17
	Total gains (losses), realized and
		unrealized, included in:
		Earnings (loss) as:
			Net investment income (loss)				0		0		0		0		0		0
			Investment gains (losses), net				0		0		0		0		3		0
			Increase (decrease) in the fair value
				of the reinsurance contract asset			0		0		0		641		0		0
			Policyholders' benefits				0		0		0		0		0		40
					Subtotal		0		0		0		641		3		40
		Other comprehensive income (loss)					(1)		(1)		0		0		0		0
Purchases							0		0		0		59		7		5
Issues							0		0		0		0		0		0
Sales							0		0		0		(6)		(1)		0
Settlements							0		0		0		0		0		0
Transfers into Level 3(2)							0		0		0		0		(1)		0
Transfers out of Level 3(2)							0		0		0		0		0		0
Balance, June 30, 2011						$	2	$	72	$	0	$	4,367	$	220	$	62

						Redeem-										GWBL
						able		Other		Other		GMIB		Separate		and Other
						Preferred		Equity		Invested		Reinsurance		Accounts		Features
						Stock		Investments(1)		Assets		Asset		Assets		Liability
						(In Millions)
Balance, January 1, 2012						$	14	$	77	$	(2)	$	10,547	$	215	$	291
	Total gains (losses), realized and
		unrealized, included in:
		Earnings (loss) as:
			Net investment income (loss)				0		0		0		0		4		0
			Investment gains (losses), net				0		0		0		0		0		0
			Increase (decrease) in the fair value
				of the reinsurance contracts			0		0		0		743		0		0
			Policyholders' benefits				0		0		0		0		0		25
					Subtotal		0		0		0		743		4		25
		Other comprehensive income (loss)					1		(19)		0		0		0		0
Purchases							0		0		0		121		7		18
Issues							0		0		0		0		0		0
Sales							0		0		0		(30)		(2)		0
Settlements							0		0		0		0		(2)		0
Transfers into Level 3(2)							0		0		0		0		0		0
Transfers out of Level 3(2)							0		0		2		0		0		0
Balance, June 30, 2012						$	15	$	58	$	0	$	11,381	$	222	$	334
Balance, January 1, 2011						$	2	$	73	$	0	$	4,606	$	207	$	94
	Total gains (losses), realized and
		unrealized, included in:
		Earnings (loss) as:
			Net investment income (loss)				0		0		0		0		0		0
			Investment gains (losses), net				0		0		0		0		8		0
			Increase (decrease) in the fair value
				of the reinsurance contracts			0		0		0		(343)		0		0
			Policyholders' benefits				0		0		0		0		0		(42)
					Subtotal		0		0		0		(343)		8		(42)
		Other comprehensive income (loss)					0		(1)		0		0		0		0
Purchases							0		0		0		118		7		10
Issues							0		0		0		0		0		0
Sales							0		0		0		(14)		(1)		0
Settlements							0		0		0		0		0		0
Transfers into Level 3(2)							0		0		0		0		(1)		0
Transfers out of Level 3(2)							0		0		0		0		0		0
Balance, June 30, 2011						$	2	$	72	$	0	$	4,367	$	220	$	62

Fair Value Assets Unrealized Gains Losses By Category For Level 3 Assets And Liabilities Still Held [Table Text Block]

					Earnings (Loss)
									Increase
					Net		Investment		(Decrease) in the
					Investment		Gains		Fair Value of the				Policy-
					Income		(Losses),		Reinsurance				holders'
					(Loss)		Net		Contract Asset		OCI		Benefits
					(In Millions)
Level 3 Instruments
Second Quarter 2012
Held at June 30, 2012:(1)
	Change in unrealized gains (losses):
		Fixed maturities, available-for-sale:
			Corporate		$	0	$	0	$	0	$	(2)	$	0
			Commercial mortgage-backed			0		0		0		40		0
			Asset-backed			0		0		0		(1)		0
			Other fixed maturities, available-for-sale			0		0		0		0		0
				Subtotal	$	0	$	0	$	0	$	37	$	0
		Other equity investments				0		0		0		(1)		0
		GMIB reinsurance contracts				0		0		2,677		0		0
		Separate Accounts’ assets				0		1		0		0		0
		GWBL and other features’ liability				0		0		0		0		(141)
				Total	$	0	$	1	$	2,677	$	36	$	(141)
Level 3 Instruments
Second Quarter 2011
Held at June 30, 2011:(1)
	Change in unrealized gains (losses):
		Fixed maturities, available-for-sale:
			Corporate		$	0	$	0	$	0	$	2	$	0
			Commercial mortgage-backed			0		0		0		(7)		0
			Other fixed maturities, available-for-sale			0		0		0		0		0
				Subtotal	$	0	$	0	$	0	$	(5)	$	0
		Other equity investments				0		0		0		0		0
		GMIB reinsurance contracts				0		0		694		0		0
		Separate Accounts’ assets				0		3		0		0		0
		GWBL and other features’ liability				0		0		0		0		(45)
				Total	$	0	$	3	$	694	$	(5)	$	(45)

					Earnings (Loss)
									Increase
					Net		Investment		(Decrease) in
					Investment		Gains		Fair Value of				Policy-
					Income		(Losses),		Reinsurance				holders'
					(Loss)		Net		Contracts		OCI		Benefits
					(In Millions)
Level 3 Instruments
First Six Months of 2012
Held at June 30, 2012:(1)
	Change in unrealized gains (losses):
		Fixed maturities, available-for-sale:
			Corporate		$	0	$	0	$	0	$	1	$	0
			Commercial mortgage-backed			0		0		0		78		0
			Asset-backed			0		0		0		0		0
			Other fixed maturities, available-for-sale			0		0		0		0		0
				Subtotal	$	0	$	0	$	0	$	79	$	0
		Other equity investments				0		0		0		(19)		0
		GMIB reinsurance contracts				0		0		834		0		0
		Separate Accounts’ assets				0		3		0		0		0
		GWBL and other features’ liability				0		0		0		0		(43)
				Total	$	0	$	3	$	834	$	60	$	(43)
Level 3 Instruments
First Six Months of 2011
Held at June 30, 2011:(1)
	Change in unrealized gains (losses):
		Fixed maturities, available-for-sale:
			Corporate		$	0	$	0	$	0	$	(1)	$	0
			Commercial mortgage-backed			0		0		0		49		0
			Asset-backed			0		0		0		2		0
			Other fixed maturities, available-for-sale			0		0		0		0		0
				Subtotal	$	0	$	0	$	0	$	50	$	0
		Other equity investments				0		0		0		0		0
		GMIB reinsurance contracts				0		0		(239)		0		0
		Separate Accounts’ assets				0		8		0		0		0
		GWBL and other features’ liability				0		0		0		0		32
				Total	$	0	$	8	$	(239)	$	50	$	32

Fair Value Inputs Quantitative Information [Table Text Block]

Quantitative Information about Level 3 Fair Value Measurements
June 30, 2012
			Fair		Valuation		Significant
			Value		Technique		Unobservable Input		Range
Assets:			(In Millions)
Investments:
	Fixed maturities, available-for-sale:
		Corporate	$	383	Discounted Cash flow		Bond equivalent yield		10.7%
							Spread over industry yield curve		909 bps
					Matrix Pricing Model		Spread over industry yield curve		0.0% - 6.5%
					Consensus pricing		Offered quotes		$54 - $119
		States and political subdivisions		52	Consensus pricing		Offered quotes		$ 119
		Commercial mortgage-backed		906	Discounted Cash flow		Constant default rate		3.0% - 25.0%
							Probability of default		55.0%
							Loss severity		49.0%
							Discount rate		4.0% - 15.0%
					Consensus pricing			Offered quotes	$ 102
		Residential mortgage-backed		11	Discounted Cash flow		Constant prepayment rate		415% PSA(1)
					Matrix pricing model		Spread over U.S. Treasury curve		0.46%
		Asset-backed		139	Discounted Cash flow		Constant prepayment rate		0.5% - 14.3%
							Probability of default		0.0% - 30.0%
							Loss severity		0.0% - 99.0%
							Spread over U.S. Treasury curve		255 bps - 793 bps
					Matrix pricing model		Spread over U.S. Treasury curve		0.0% - 6.9%
					Consensus pricing		Offered quotes		$18 - $109
		Redeemable preferred stock		15	Discounted Cash flow		Bond equivalent yield		8.6%
	Other equity investments			58	Market comparable		Revenue multiple		0.6x - 84.1x
						companies	R&D multiple		1.3x - 15.2x
							Discount rate		18.0%
							Discount years		1 - 2
							Discount for lack of marketability
								and risk factors	50.0% - 60.0%
Separate Accounts' assets				222	Third party appraisal		Capitalization rate		5.4%
							Exit capitalization rate		6.6%
							Discount rate		7.7%
					Discounted cash flow		Spread over U.S. Treasury curve		296 bps - 390 bps
							Inflation rate		2.0% - 3.0%
							Discount factor		1.0% - 3.0%

Quantitative Information about Level 3 Fair Value Measurements - (Continued)
June 30, 2012
		Fair		Valuation	Significant
		Value		Technique	Unobservable Input	Range
		(In Millions)
GMIB reinsurance contracts			11,381	Discounted Cash flow	Lapse Rates	0.9% - 8.0%
					Withdrawal Rates	0.2% - 8.0%
					GMIB Utilization Rates	0.0% - 15.0%
					Non-performance risk	20 - 84 bps
					Volatility rates - Equity	26.0%- 38.0%
	Total Assets	$	13,167
Liabilities:
GMWB/GWBL(2)		$	227	Discounted Cash flow	Lapse Rates	1.0% - 8.0%
					Withdrawal Rates	0.0% - 7.0%
					Volatility rates - Equity	26.0% - 38.0%
	Total Liabilities	$	227

Fair Value Disclosure Financial Instruments Not Carried At Fair Value [Text Block]

		June 30, 2012
		Carrying		Fair Value
		Value		Level 1		Level 2		Level 3		Total
		(In Millions)
Consolidated:
	Mortgage loans on real estate	$	4,633	$	0	$	0	$	4,807	$	4,807
	Other limited partnership interests		1,566		0		0		1,566		1,566
	Loans to affiliates		1,039		0		744		404		1,148
	Policyholders liabilities: Investment contracts		2,495		0		0		2,676		2,676
	Long-term debt		200		0		0		226		226
	Loans from affiliates		1,325		0		1,613		0		1,613

		December 31, 2011
		Carrying		Fair
		Value		Value
		(In Millions)
Consolidated:
	Mortgage loans on real estate	$	4,281	$	4,432
	Other limited partnership interests		1,582		1,582
	Loans to affiliates		1,041		1,097
	Policyholders liabilities: Investment contracts		2,549		2,713
	Long-term debt		200		220
	Loans from affiliates		1,325		1,485