XML 50 R40.htm IDEA: XBRL DOCUMENT v3.5.0.2
Variable Interest Entities (Asset & Liability Balances) (Details) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Nonconsolidated VIEs [Member] | Investment in non-consolidated CLOs [Member]    
Assets and liabilities measured at fair value    
Carrying value of nonconsolidated VIEs $ 10  
Nonconsolidated VIEs [Member] | Property Funds [Member]    
Assets and liabilities measured at fair value    
Carrying value of nonconsolidated VIEs 28  
Nonconsolidated VIEs [Member] | Sponsored hedge funds and private equity funds [Member]    
Assets and liabilities measured at fair value    
Carrying value of nonconsolidated VIEs 13 $ 29
Nonconsolidated VIEs [Member] | International series funds [Member]    
Assets and liabilities measured at fair value    
Carrying value of nonconsolidated VIEs 39  
Nonconsolidated VIEs [Member] | Affordable housing partnerships [Member]    
Assets and liabilities measured at fair value    
Carrying value of nonconsolidated VIEs 544 517
Nonconsolidated VIEs [Member] | Real estate development partnerships [Member]    
Assets and liabilities measured at fair value    
Carrying value of nonconsolidated VIEs 10  
Consolidated investment entities [Member]    
Assets and liabilities measured at fair value    
CLO debt valued using DCF model 2,600  
Assets    
Other assets 1 2,065
Liabilities    
Debt 2,710 [1] 6,630
Other liabilities 112 221
Recurring basis [Member] | Consolidated investment entities [Member]    
Assets    
Investments 2,573 6,570
Receivables 14 70
Other assets 1 2,065
Total assets at fair value 2,588 8,705
Liabilities    
Debt 2,710 [2] 6,630
Other liabilities 112 221
Total liabilities at fair value 2,822 6,851
Recurring basis [Member] | Consolidated investment entities [Member] | Corporate debt securities [Member]    
Assets    
Investments 59 154
Recurring basis [Member] | Consolidated investment entities [Member] | Common stocks [Member]    
Assets    
Investments 21 123
Recurring basis [Member] | Consolidated investment entities [Member] | Other investments [Member]    
Assets    
Investments 8 26
Recurring basis [Member] | Consolidated investment entities [Member] | Syndicated loans [Member]    
Assets    
Investments 2,485 6,267
Recurring basis [Member] | Consolidated investment entities [Member] | Level 1 [Member]    
Assets    
Investments 6 78
Total assets at fair value 6 78
Recurring basis [Member] | Consolidated investment entities [Member] | Level 1 [Member] | Common stocks [Member]    
Assets    
Investments 1 74
Recurring basis [Member] | Consolidated investment entities [Member] | Level 1 [Member] | Other investments [Member]    
Assets    
Investments 5 4
Recurring basis [Member] | Consolidated investment entities [Member] | Level 2 [Member]    
Assets    
Investments 2,368 5,960
Receivables 14 70
Total assets at fair value 2,382 6,030
Liabilities    
Debt [2] 2,710  
Other liabilities 112 221
Total liabilities at fair value 2,822 221
Recurring basis [Member] | Consolidated investment entities [Member] | Level 2 [Member] | Corporate debt securities [Member]    
Assets    
Investments 59 154
Recurring basis [Member] | Consolidated investment entities [Member] | Level 2 [Member] | Common stocks [Member]    
Assets    
Investments 17 46
Recurring basis [Member] | Consolidated investment entities [Member] | Level 2 [Member] | Other investments [Member]    
Assets    
Investments 3 22
Recurring basis [Member] | Consolidated investment entities [Member] | Level 2 [Member] | Syndicated loans [Member]    
Assets    
Investments 2,289 5,738
Recurring basis [Member] | Consolidated investment entities [Member] | Level 3 [Member]    
Assets    
Investments 199 532
Other assets 1 2,065
Total assets at fair value 200 2,597
Liabilities    
Total liabilities at fair value   6,630
Recurring basis [Member] | Consolidated investment entities [Member] | Level 3 [Member] | Common stocks [Member]    
Assets    
Investments 3 3
Recurring basis [Member] | Consolidated investment entities [Member] | Level 3 [Member] | Syndicated loans [Member]    
Assets    
Investments $ 196 $ 529
[1] As the Company elected the measurement alternative effective January 1, 2016, the carrying value of the CLOs’ debt is set equal to the fair value of the CLOs’ assets. See Note 2 and above for additional discussion on the measurement alternative. The estimated fair value of the CLOs’ debt was $2.6 billion at September 30, 2016.
[2] As the Company elected the measurement alternative effective January 1, 2016, the carrying value of the CLOs’ debt is set equal to the fair value of the CLOs’ assets. See Note 2 and below for additional discussion on the measurement alternative. The estimated fair value of the CLOs’ debt was $2.6 billion at September 30, 2016.