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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Management and financial advice fees $ 1,452 $ 1,294 $ 2,838 $ 2,538
Distribution fees 470 448 946 882
Net investment income 433 451 904 940
Premiums 345 315 675 625
Other revenues 379 249 719 471
Total revenues 3,079 2,757 6,082 5,456
Banking and deposit interest expense 7 8 14 16
Total net revenues 3,072 2,749 6,068 5,440
Expenses        
Distribution expenses 810 732 1,596 1,430
Interest credited to fixed accounts 175 198 361 396
Benefits, claims, losses and settlement expenses 506 490 956 899
Amortization of deferred acquisition costs 78 92 165 167
Interest and debt expense 79 60 158 126
General and administrative expense 805 775 1,563 1,533
Total expenses 2,453 2,347 4,799 4,551
Income from continuing operations before income tax provision 619 402 1,269 889
Income tax provision 152 120 286 241
Income from continuing operations 467 282 983 648
Loss from discontinued operations, net of tax 0 (1) (1) (2)
Net income 467 281 982 646
Less: Net income (loss) attributable to noncontrolling interests 93 (40) 208 (10)
Net Income (Loss) Attributable to Parent 374 321 774 656
Basic        
Income from continuing operations (in dollars per share) $ 1.94 $ 1.57 $ 3.99 $ 3.18
Loss from discontinued operations (in dollars per share)       $ 0.00 $ (0.01)
Net income (in dollars per share) $ 1.94 $ 1.57 $ 3.99 $ 3.17
Diluted        
Income from continuing operations (in dollars per share) $ 1.91 $ 1.54 $ 3.92 $ 3.13
Loss from discontinued operations (in dollars per share)       $ 0.00 $ (0.01)
Net income (in dollars per share) $ 1.91 $ 1.54 $ 3.92 $ 3.12
Cash dividends declared per common share (in dollars per share) $ 0.58 $ 0.52 $ 1.10 $ 0.97
Supplemental Disclosures:        
Total other-than-temporary impairment losses on securities    (3) (1) (4)
Portion of loss recognized in other comprehensive income (loss) (before taxes)    1    (1)
Net impairment losses recognized in net investment income    $ (2) $ (1) $ (5)