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Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)
 9 Months Ended
Sep. 30, 2013
Deferred Acquisition Costs and Deferred Sales Inducement Costs  
Schedule of balances of and changes in DAC
The balances of and changes in DAC were as follows:
 
2013
 
2012
 
(in millions)
Balance at January 1
$
2,399

 
$
2,440

Capitalization of acquisition costs
252

 
229

Amortization, excluding the impact of valuation assumptions review
(231
)
 
(186
)
Amortization impact of valuation assumptions review
78

 
(11
)
Impact of change in net unrealized securities losses (gains)
112

 
(75
)
Balance at September 30
$
2,610

 
$
2,397
Schedule of balances of and changes in DSIC, included in other assets on the Consolidated Balance Sheets
The balances of and changes in DSIC, which is included in other assets, were as follows:
 
2013
 
2012
 
(in millions)
Balance at January 1
$
404

 
$
464

Capitalization of sales inducement costs
4

 
6

Amortization, excluding the impact of valuation assumptions review
(39
)
 
(30
)
Amortization impact of valuation assumptions review
25

 
(13
)
Impact of change in net unrealized securities losses (gains)
18

 
(11
)
Balance at September 30
$
412

 
$
416