XML 80 R56.htm IDEA: XBRL DOCUMENT v3.3.1.900
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of segment reporting information [Table Text Block]
The following tables summarize selected financial information by segment and reconcile segment totals to those reported on the consolidated financial statements:
 
December 31,
 
2015
 
2014
 
(in millions)
Advice & Wealth Management
$
11,338

 
$
10,220

Asset Management
7,931

 
7,509

Annuities
94,002

 
98,535

Protection
20,755

 
20,779

Corporate & Other
11,316

 
11,767

Total assets
$
145,342

 
$
148,810

 
Years Ended December 31,
 
2015
 
2014
 
2013
 
(in millions)
Operating net revenues:
Advice & Wealth Management
$
5,013

 
$
4,806

 
$
4,295

Asset Management
3,254

 
3,320

 
3,169

Annuities
2,541

 
2,591

 
2,561

Protection
2,384

 
2,287

 
2,186

Corporate & Other
3

 
4

 
15

Eliminations(1)
(1,461
)
 
(1,417
)
 
(1,369
)
Total segment operating revenues
11,734

 
11,591

 
10,857

Net realized gains
4

 
37

 
7

Revenue attributable to CIEs
446

 
651

 
345

Market impact on IUL benefits, net
7

 
(11
)
 
(10
)
Market impact of hedges on investments
(21
)
 
—

 
—

Total net revenues per consolidated statements of operations(2)
$
12,170

 
$
12,268

 
$
11,199

(1) Represents the elimination of intersegment revenues recognized for the years ended December 31, 2015, 2014 and 2013 in each segment as follows: Advice and Wealth Management ($1,035, $997 and $980, respectively); Asset Management ($43, $44 and $39, respectively); Annuities ($340, $235 and $307, respectively); Protection ($42, $139 and $40, respectively); and Corporate & Other ($1, $2 and $3, respectively).
(2) Includes foreign net revenues of $1,038, $1,315 and $897 for the years ended December 31, 2015, 2014 and 2013, respectively.
 
Years Ended December 31,
 
2015
 
2014
 
2013
 
(in millions)
Operating earnings:
Advice & Wealth Management
$
859

 
$
792

 
$
592

Asset Management
761

 
788

 
691

Annuities
650

 
633

 
629

Protection
183

 
246

 
336

Corporate & Other
(199
)
 
(230
)
 
(229
)
Total segment operating earnings
2,254

 
2,229

 
2,019

Net realized gains
4

 
37

 
7

Net income attributable to noncontrolling interests
125

 
381

 
141

Market impact on variable annuity guaranteed benefits, net
(214
)
 
(94
)
 
(170
)
Market impact on IUL benefits, net
(1
)
 
(6
)
 
(13
)
Market impact of hedges on investments
(21
)
 
—

 
—

Integration and restructuring charges
(5
)
 
—

 
(14
)
Income from continuing operations before income tax provision per consolidated statements of operations
$
2,142

 
$
2,547

 
$
1,970