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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill reported in operating segments
The changes in the carrying amount of goodwill reported in the Company’s main operating segments were as follows:
 
Advice & Wealth
Management
 
Asset
Management
 
Annuities
 
Protection
 
Consolidated
 
(in millions)
Balance at January 1, 2012
$
255

 
$
818

 
$
46

 
$
45

 
$
1,164

Foreign currency translation

 
14

 

 

 
14

Purchase price adjustments
(2
)
 
(2
)
 

 

 
(4
)
Balance at December 31, 2012
253

 
830

 
46

 
45

 
1,174

Foreign currency translation

 
5

 

 

 
5

Purchase price adjustments
(1
)
 
(14
)
 

 

 
(15
)
Balance at December 31, 2013
$
252

 
$
821

 
$
46

 
$
45

 
$
1,164

Definite-lived intangible assets
Definite-lived intangible assets consisted of the following:
 
December 31, 2013
 
December 31, 2012
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
(in millions)
Customer relationships
$
152

 
$
(87
)
 
$
65

 
$
152

 
$
(72
)
 
$
80

Contracts
240

 
(167
)
 
73

 
238

 
(146
)
 
92

Other
155

 
(94
)
 
61

 
151

 
(82
)
 
69

Total
$
547

 
$
(348
)
 
$
199

 
$
541

 
$
(300
)
 
$
241

Estimated intangible amortization expenses
Estimated intangible amortization expense as of December 31, 2013 for the next five years is as follows:
 
(in millions)
2014
$
39

2015
31

2016
25

2017
21

2018
19