Segment Information (Tables)

6 Months Ended

Jun. 30, 2014

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:

	June 30, 2014		December 31, 2013
	(in millions)
Assets:
Advice & Wealth Management	$	10,069	$	9,571
Asset Management	8,345		7,223
Annuities	98,941		98,354
Protection	20,892		19,605
Corporate & Other	10,913		9,823
Total assets	$	149,160	$	144,576

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
	(in millions)
Operating net revenues:
Advice & Wealth Management	$	1,198		$	1,076		$	2,347		$	2,094
Asset Management	844			822			1,651			1,568
Annuities	651			635			1,287			1,259
Protection	579			550			1,134			1,087
Corporate & Other	(2		)	3			4			7
Eliminations(1) (2)	(355		)	(348		)	(696		)	(669		)
Total segment operating revenues	2,915			2,738			5,727			5,346
Net realized gains	1			—			6			1
Revenues attributable to CIEs	160			12			337			94
Market impact on IUL benefits, net	(4		)	(1		)	(2		)	(1		)
Total net revenues per consolidated statements of operations	$	3,072		$	2,749		$	6,068		$	5,440

⁽¹⁾ Represents the elimination of intersegment revenues recognized for the three months ended June 30, 2014 and 2013 in each segment as follows: Advice & Wealth Management ($250 and $252, respectively); Asset Management ($11 and $10, respectively); Annuities ($83 and $76, respectively); Protection ($10 and $10, respectively); and Corporate & Other ($1 and nil, respectively).

⁽²⁾ Represents the elimination of intersegment revenues recognized for the six months ended June 30, 2014 and 2013 in each segment as follows: Advice & Wealth Management ($490 and $480, respectively); Asset Management ($22 and $19, respectively); Annuities ($163 and $149, respectively); Protection ($20 and $20, respectively); and Corporate & Other ($1 and $1, respectively).

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
	(in millions)
Operating earnings:
Advice & Wealth Management	$	194		$	150		$	375		$	280
Asset Management	199			194			382			332
Annuities	170			110			346			252
Protection	91			91			150			194
Corporate & Other	(75		)	(57		)	(130		)	(110		)
Total segment operating earnings	579			488			1,123			948
Net realized gains	1			—			6			1
Net income (loss) attributable to noncontrolling interests	93			(40		)	208			(10		)
Market impact on variable annuity guaranteed benefits, net	(54		)	(43		)	(69		)	(45		)
Market impact on IUL benefits, net	—			(2		)	1			(2		)
Restructuring charges	—			(1		)	—			(3		)
Income from continuing operations before income tax provision per consolidated statements of operations	$	619		$	402		$	1,269		$	889