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Segment Information (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Schedule of segment reporting information
The following tables summarize selected financial information by segment and reconcile segment totals to those reported on the consolidated financial statements:
 
 
December 31,
 
 
2013
 
2012
 
 
(in millions)
Advice & Wealth Management
 
$
9,571

 
$
8,962

Asset Management
 
7,223

 
6,267

Annuities
 
98,354

 
91,587

Protection
 
19,605

 
19,065

Corporate & Other
 
9,823

 
8,848

Total assets
 
$
144,576

 
$
134,729


 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
 
 
(in millions)
Operating net revenues:
 
 

 
 

 
 
Advice & Wealth Management
 
$
4,295

 
$
3,873

 
$
3,713

Asset Management
 
3,169

 
2,891

 
2,897

Annuities
 
2,583

 
2,524

 
2,630

Protection
 
2,190

 
2,088

 
2,069

Corporate & Other
 
(11
)
 
20

 
3

Eliminations(1)
 
(1,369
)
 
(1,253
)
 
(1,262
)
Total segment operating revenues
 
10,857

 
10,143

 
10,050

Net realized gains
 
7

 
7

 
6

Revenue attributable to CIEs
 
345

 
71

 
136

Market impact on IUL benefits, net
 
(10
)
 

 

Integration and restructuring charges
 

 
(4
)
 

Total net revenues per consolidated statements of operations
 
$
11,199

 
$
10,217

 
$
10,192

(1) Represents the elimination of intersegment revenues recognized for the years ended December 31, 2013, 2012 and 2011 in each segment as follows: Advice and Wealth Management ($980, $901 and $930, respectively); Asset Management ($39, $43 and $42, respectively); Annuities ($307, $271 and $251, respectively); Protection ($40, $37 and $37, respectively); and Corporate & Other ($3, $1 and $2, respectively).
 
 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
 
 
(in millions)
Operating earnings:
 
 

 
 

 
 
Advice & Wealth Management
 
$
598

 
$
443

 
$
406

Asset Management
 
715

 
557

 
528

Annuities
 
686

 
567

 
625

Protection
 
365

 
398

 
386

Corporate & Other
 
(345
)
 
(270
)
 
(241
)
Total segment operating earnings
 
2,019

 
1,695

 
1,704

Net realized gains
 
7

 
7

 
6

Net income (loss) attributable to noncontrolling interests
 
141

 
(128
)
 
(106
)
Market impact on variable annuity guaranteed benefits, net
 
(170
)
 
(265
)
 
(62
)
Market impact on IUL benefits, net
 
(13
)
 

 

Integration and restructuring charges
 
(14
)
 
(71
)
 
(95
)
Income from continuing operations before income tax provision per consolidated statements of operations
 
$
1,970

 
$
1,238

 
$
1,447