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Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)
 12 Months Ended
Dec. 31, 2016
Deferred Acquisition Costs and Deferred Sales Inducement Costs  
Schedule of balances of and changes in DAC [Table Text Block]
The balances of and changes in DAC were as follows:
 
2016
 
2015
 
2014
(in millions)
Balance at January 1(1)
$
2,730

 
$
2,613

 
$
2,668

Capitalization of acquisition costs
360

(2) 
361

 
336

Amortization, excluding the impact of valuation assumptions review
(334
)
 
(348
)
 
(360
)
Amortization, impact of valuation assumptions review
(81
)
(3) 
(6
)
 
(7
)
Impact of change in net unrealized securities (gains) losses
(27
)
 
110

 
(24
)
Balance at December 31(1)
$
2,648

 
$
2,730

 
$
2,613


(1) Prior period DAC balances have been restated for the correction of the commission expense accrual for certain insurance and annuity products. See Note 1 for more information.
(2) Includes a $27 million benefit for the release of the deferred reinsurance liability in connection with the loss recognition on LTC business. The benefit was reported in Distribution expenses on the Consolidated Statements of Operations.
(3) Includes a $58 million expense related to the loss recognition on LTC business.
Schedule of balances of and changes in DSIC [Table Text Block]
The balances of and changes in DSIC, which is included in other assets, were as follows:
 
2016
 
2015
 
2014
(in millions)
Balance at January 1
$
335

 
$
362

 
$
409

Capitalization of sales inducement costs
5

 
4

 
5

Amortization, excluding the impact of valuation assumptions review
(42
)
 
(52
)
 
(51
)
Amortization, impact of valuation assumptions review
4

 
1

 
(2
)
Impact of change in net unrealized securities losses
—

 
20

 
1

Balance at December 31
$
302

 
$
335

 
$
362