XML 93 R83.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information - Operating net revenues (Details 2) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Summary of segment operating results [Abstract]        
Total segment operating revenues $ 2,856 $ 2,983 $ 5,644 $ 5,881
Net realized gains (losses) 5 5 (11) 15
Revenues attributable to CIEs 26 141 50 290
Market impact on IUL benefits, net 3   12 (4)
Market impact of hedges on investments (19) (1) (59) (1)
Total net revenues [1],[2] 2,871 3,128 5,636 6,181
Reconciliation of operating profit (loss) from segments to consolidated        
Total segment operating earnings 476 582 973 1,144
Net realized gains (losses) 5 5 (11) 15
Net income (loss) attributable to CIEs 1 61 (1) 147
Market impact on variable annuity guaranteed benefits, net (58) (36) (41) (70)
Market impact on IUL benefits, net 5 5 24 (1)
Market impact of hedges on investments (19) (1) (59) (1)
Integration and restructuring charges 0 (1) 0 (1)
Pretax income 410 615 885 1,233
Advice & Wealth Management [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues 1,250 1,274 2,448 2,502
Reconciliation of operating profit (loss) from segments to consolidated        
Total segment operating earnings 221 220 426 430
Asset Management [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues 739 832 1,463 1,639
Reconciliation of operating profit (loss) from segments to consolidated        
Total segment operating earnings 148 197 297 388
Annuities [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues 619 651 1,215 1,282
Reconciliation of operating profit (loss) from segments to consolidated        
Total segment operating earnings 146 150 270 322
Protection [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues 604 600 1,212 1,190
Reconciliation of operating profit (loss) from segments to consolidated        
Total segment operating earnings 37 72 106 123
Corporate & Other [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues (7) (2) (5) (8)
Reconciliation of operating profit (loss) from segments to consolidated        
Total segment operating earnings (76) (57) (126) (119)
Eliminations [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues [3],[4] (349) (372) (689) (724)
Eliminations [Member] | Advice & Wealth Management [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues 244 264 483 511
Eliminations [Member] | Asset Management [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues 10 11 21 22
Eliminations [Member] | Annuities [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues 83 86 162 170
Eliminations [Member] | Protection [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues 11 11 22 21
Eliminations [Member] | Corporate & Other [Member]        
Summary of segment operating results [Abstract]        
Total segment operating revenues 1 0 1 0
Non-US [Member]        
Summary of segment operating results [Abstract]        
Total net revenues $ 166 $ 293 $ 338 $ 526
[1] Includes foreign net revenues of $166 million and $293 million for the three months ended June 30, 2016 and 2015, respectively.
[2] Includes foreign net revenues of $338 million and $526 million for the six months ended June 30, 2016 and 2015, respectively.
[3] Represents the elimination of intersegment revenues recognized for the six months ended June 30, 2016 and 2015 in each segment as follows: Advice & Wealth Management ($483 million and $511 million, respectively); Asset Management ($21 million and $22 million, respectively); Annuities ($162 million and $170 million, respectively); Protection ($22 million and $21 million, respectively); and Corporate & Other ($1 million and nil, respectively).
[4] Represents the elimination of intersegment revenues recognized for the three months ended June 30, 2016 and 2015 in each segment as follows: Advice & Wealth Management ($244 million and $264 million, respectively); Asset Management ($10 million and $11 million, respectively); Annuities ($83 million and $86 million, respectively); Protection ($11 million and $11 million, respectively); and Corporate & Other ($1 million and nil, respectively).