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Variable Annuity and Insurance Guarantees (Tables)
12 Months Ended
Dec. 31, 2014
Insurance [Abstract]  
Schedule of variable annuity guarantees [Table Text Block]
The following table provides information related to variable annuity guarantees for which the Company has established additional liabilities:
 
 
December 31, 2014
 
December 31, 2013
Variable Annuity Guarantees by Benefit Type(1)
 
Total Contract Value
 
Contract Value in Separate Accounts
 
Net Amount at Risk
 
Weighted Average Attained Age
 
Total Contract Value
 
Contract Value in Separate Accounts
 
Net Amount at Risk
 
Weighted Average Attained Age
 
 
(in millions, except age)
GMDB:
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 
Return of premium
 
$
55,378

 
$
53,565

 
$
24

 
64
 
$
52,616

 
$
50,790

 
$
28

 
64
Five/six-year reset
 
10,360

 
7,821

 
28

 
64
 
11,220

 
8,663

 
42

 
64
One-year ratchet
 
7,392

 
7,006

 
39

 
66
 
7,676

 
7,261

 
38

 
65
Five-year ratchet
 
1,773

 
1,717

 
2

 
63
 
1,781

 
1,725

 
1

 
62
Other
 
959

 
941

 
38

 
70
 
1,015

 
996

 
36

 
69
Total — GMDB
 
$
75,862

 
$
71,050

 
$
131

 
64
 
$
74,308

 
$
69,435

 
$
145

 
64
GGU death benefit
 
$
1,072

 
$
1,019

 
$
123

 
67
 
$
1,052

 
$
998

 
$
121

 
64
GMIB
 
$
343

 
$
321

 
$
9

 
67
 
$
413

 
$
389

 
$
8

 
66
GMWB:
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 
GMWB
 
$
3,671

 
$
3,659

 
$
1

 
68
 
$
3,936

 
$
3,921

 
$
1

 
67
GMWB for life
 
36,843

 
36,735

 
95

 
65
 
34,069

 
33,930

 
77

 
64
Total — GMWB
 
$
40,514

 
$
40,394

 
$
96

 
65
 
$
38,005

 
$
37,851

 
$
78

 
64
GMAB
 
$
4,247

 
$
4,234

 
$
2

 
58
 
$
4,194

 
$
4,181

 
$
2

 
58
(1) Individual variable annuity contracts may have more than one guarantee and therefore may be included in more than one benefit type. Variable annuity contracts for which the death benefit equals the account value are not shown in this table.
Schedule of net amount of risk UL secondary guarantees [Table Text Block]
The following table provides information related to insurance guarantees for which the Company has established additional liabilities:
 
December 31, 2014
 
December 31, 2013
 
Net Amount at Risk
 
Weighted Average Attained Age
 
Net Amount at Risk
 
Weighted Average Attained Age
 
(in millions, except age)
UL secondary guarantees
$
6,076

 
62
 
$
5,674

 
62
Schedule of changes in additional liabilities for variable annuity and insurance guarantees [Table Text Block]
Changes in additional liabilities (contra liabilities) for variable annuity and insurance guarantees were as follows:
 
GMDB & GGU
 
GMIB
 
GMWB(1)
 
GMAB(1)
 
UL
 
(in millions)
Balance at January 1, 2012
$
5

 
$
9

 
$
1,377

 
$
237

 
$
111

Incurred claims
6

 
1

 
(578
)
 
(134
)
 
57

Paid claims
(7
)
 
(1
)
 

 

 
(13
)
Balance at December 31, 2012
4

 
9

 
799

 
103

 
155

Incurred claims
4

 
(2
)
 
(1,182
)
 
(165
)
 
67

Paid claims
(4
)
 
(1
)
 

 

 
(16
)
Balance at December 31, 2013
4

 
6

 
(383
)
 
(62
)
 
206

Incurred claims
9

 
1

 
1,076

 
21

 
67

Paid claims
(4
)
 

 

 

 
(10
)
Balance at December 31, 2014
$
9

 
$
7

 
$
693

 
$
(41
)
 
$
263

Schedule of separate account balances by asset type [Table Text Block]
The following table summarizes the distribution of separate account balances by asset type for variable annuity contracts providing guaranteed benefits:
 
December 31,
 
2014
 
2013
 
(in millions)
Mutual funds:
 
 
 
Equity
$
41,403

 
$
39,195

Bond
25,060

 
26,519

Other
4,490

 
3,764

Total mutual funds
$
70,953

 
$
69,478