Variable Annuity and Insurance Guarantees (Tables)

3 Months Ended

Mar. 31, 2015

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:



	March 31, 2015							December 31, 2014
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	$	56,429	$	54,623	$	20	64	$	55,378	$	53,565	$	24	64
Five/six-year reset	10,269		7,728		25		65	10,360		7,821		28		64
One-year ratchet	7,395		7,016		30		66	7,392		7,006		39		66
Five-year ratchet	1,774		1,717		1		63	1,773		1,717		2		63
Other	955		937		38		70	959		941		38		70
Total — GMDB	$	76,822	$	72,021	$	114	64	$	75,862	$	71,050	$	131	64

GGU death benefit	$	1,104	$	1,052	$	126	67	$	1,072	$	1,019	$	123	67
GMIB	$	331	$	310	$	9	67	$	343	$	321	$	9	67

GMWB:
GMWB	$	3,641	$	3,629	$	1	68	$	3,671	$	3,659	$	1	68
GMWB for life	37,711		37,607		93		65	36,843		36,735		95		65
Total — GMWB	$	41,352	$	41,236	$	94	65	$	40,514	$	40,394	$	96	65

GMAB	$	4,307	$	4,293	$	1	58	$	4,247	$	4,234	$	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:



	March 31, 2015			December 31, 2014
	Net Amount at Risk		Weighted Average Attained Age	Net Amount at Risk		Weighted Average Attained Age
	(in millions, except age)
UL secondary guarantees	$	6,162	63	$	6,076	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, 2014	$	4		$	6	$	(383	)	$	(62	)	$	206
Incurred claims	1			—		116			(7		)	19
Paid claims	(1		)	—		—			—			(4		)
Balance at March 31, 2014	$	4		$	6	$	(267	)	$	(69	)	$	221

Balance at January 1, 2015	$	9		$	7	$	693		$	(41	)	$	263
Incurred claims	1			—		347			6			22
Paid claims	(1		)	—		—			—			(6		)
Balance at March 31, 2015	$	9		$	7	$	1,040		$	(35	)	$	279

⁽¹⁾The incurred claims for GMWB and GMAB represent the total change in the liabilities (contra liabilities).

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:



	March 31, 2015		December 31, 2014
	(in millions)
Mutual funds:
Equity	$	41,882	$	41,403
Bond	25,115		25,060
Other	4,800		4,490
Total mutual funds	$	71,797	$	70,953