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Variable Annuity and Insurance Guarantees (Tables)
6 Months Ended
Jun. 30, 2016
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:
Variable Annuity 
Guarantees by Benefit Type (1)
 
June 30, 2016
 
December 31, 2015
 
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
 
$
55,533

 
$
53,623

 
$
264

 
65
 
$
54,716

 
$
52,871

 
$
297

 
65
Five/six-year reset
 
9,036

 
6,389

 
46

 
65
 
9,307

 
6,731

 
78

 
65
One-year ratchet
 
6,587

 
6,214

 
183

 
67
 
6,747

 
6,379

 
266

 
67
Five-year ratchet
 
1,581

 
1,522

 
12

 
64
 
1,613

 
1,556

 
20

 
63
Other
 
920

 
899

 
84

 
71
 
887

 
869

 
82

 
71
Total — GMDB
 
$
73,657

 
$
68,647

 
$
589

 
65
 
$
73,270

 
$
68,406

 
$
743

 
65
 
GGU death benefit
 
$
1,050

 
$
998

 
$
109

 
68
 
$
1,056

 
$
1,004

 
$
113

 
67
 
GMIB
 
$
251

 
$
232

 
$
14

 
68
 
$
270

 
$
251

 
$
17

 
68
 
GMWB:
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 
GMWB
 
$
2,891

 
$
2,882

 
$
2

 
69
 
$
3,118

 
$
3,109

 
$
2

 
69
GMWB for life
 
38,476

 
38,351

 
409

 
66
 
37,301

 
37,179

 
330

 
66
Total — GMWB
 
$
41,367

 
$
41,233

 
$
411

 
66
 
$
40,419

 
$
40,288

 
$
332

 
66
 
GMAB
 
$
3,779

 
$
3,769

 
$
26

 
58
 
$
4,018

 
$
4,006

 
$
31

 
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:
 
June 30, 2016
 
December 31, 2015
 
Net Amount
at Risk
 
Weighted Average
Attained Age
 
Net Amount
at Risk
 
Weighted Average
Attained Age
 
(in millions, except age)
UL secondary guarantees
$
6,301

 
64
 
$
6,601

 
63
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, 2015
$
9

 
$
7

 
$
693

 
$
(41
)
 
$
263

Incurred claims
1

 

 
(225
)
 
(4
)
 
45

Paid claims
(1
)
 

 

 

 
(12
)
Balance at June 30, 2015
$
9

 
$
7

 
$
468

 
$
(45
)
 
$
296

 
Balance at January 1, 2016
$
14

 
$
8

 
$
1,057

 
$

 
$
332

Incurred claims
3

 

 
1,099

 
45

 
44

Paid claims
(6
)
 

 

 
(1
)
 
(12
)
Balance at June 30, 2016
$
11

 
$
8

 
$
2,156

 
$
44

 
$
364


(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:
 
June 30,
2016
 
December 31,
2015
 
(in millions)
Mutual funds:
 

 
 

Equity
$
40,061

 
$
39,806

Bond
23,659

 
23,700

Other
5,248

 
5,241

Total mutual funds
$
68,968

 
$
68,747