Variable Annuity and Insurance Guarantees (Tables)

9 Months Ended

Sep. 30, 2016

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⁾	September 30, 2016							December 31, 2015
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	$	56,748	$	54,787	$	144	65	$	54,716	$	52,871	$	297	65
Five/six-year reset	9,052		6,371		23		66	9,307		6,731		78		65
One-year ratchet	6,614		6,237		80		67	6,747		6,379		266		67
Five-year ratchet	1,587		1,527		5		64	1,613		1,556		20		63
Other	954		932		73		71	887		869		82		71
Total — GMDB	$	74,955	$	69,854	$	325	65	$	73,270	$	68,406	$	743	65
GGU death benefit	$	1,063	$	1,011	$	111	68	$	1,056	$	1,004	$	113	67
GMIB	$	251	$	233	$	12	68	$	270	$	251	$	17	68
GMWB:
GMWB	$	2,805	$	2,796	$	2	70	$	3,118	$	3,109	$	2	69
GMWB for life	39,652		39,508		356		66	37,301		37,179		330		66
Total — GMWB	$	42,457	$	42,304	$	358	66	$	40,419	$	40,288	$	332	66
GMAB	$	3,689	$	3,681	$	14	59	$	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:



	September 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	$	6,339	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	9			—		580		72			70
Paid claims	(3		)	—		—		—			(19		)
Balance at September 30, 2015	$	15		$	7	$	1,273	$	31		$	314

Balance at January 1, 2016	$	14		$	8	$	1,057	$	—		$	332
Incurred claims	10			—		1,056		9			99
Paid claims	(7		)	—		—		(1		)	(18		)
Balance at September 30, 2016	$	17		$	8	$	2,113	$	8		$	413

⁽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:



	September 30, 2016		December 31, 2015
	(in millions)
Mutual funds:
Equity	$	40,872	$	39,806
Bond	23,875		23,700
Other	5,426		5,241
Total mutual funds	$	70,173	$	68,747