XML 46 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2017
Stockholders' Equity Note [Abstract]  
Schedule of other comprehensive income (loss) [Table Text Block]
The following tables provide the amounts related to each component of OCI:
 
Three Months Ended June 30,
2017
 
2016
Pretax
 
Income Tax Benefit (Expense)
 
Net of Tax
Pretax
 
Income Tax Benefit (Expense)
 
Net of Tax
(in millions)
Net unrealized securities gains:
Net unrealized securities gains arising during the period (1)
$
191

 
$
(68
)
 
$
123

 
$
559

 
$
(194
)
 
$
365

Reclassification of net securities gains included in net income (2)
(21
)
 
8

 
(13
)
 
(5
)
 
1

 
(4
)
Impact of deferred acquisition costs, deferred sales inducement costs, unearned revenue, benefit reserves and reinsurance recoverables
(81
)
 
28

 
(53
)
 
(222
)
 
78

 
(144
)
Net unrealized securities gains
89

 
(32
)
 
57

 
332

 
(115
)
 
217

Net unrealized derivatives gains:
Reclassification of net derivative losses included in net income (3)
—

 
—

 
—

 
2

 
(1
)
 
1

Net unrealized derivatives gains
—

 
—

 
—

 
2

 
(1
)
 
1

Defined benefit plans:
Net gain arising during the period
—

 
—

 
—

 
9

 
(3
)
 
6

Defined benefit plans
—

 
—

 
—

 
9

 
(3
)
 
6

Foreign currency translation
35

 
(12
)
 
23

 
(42
)
 
14

 
(28
)
Total other comprehensive income
$
124

 
$
(44
)
 
$
80

 
$
301

 
$
(105
)
 
$
196

 
Six Months Ended June 30,
2017
 
2016
Pretax
 
Income Tax Benefit (Expense)
 
Net of Tax
Pretax
 
Income Tax Benefit (Expense)
 
Net of Tax
(in millions)
Net unrealized securities gains:
Net unrealized securities gains arising during the period (1)
$
244

 
$
(85
)
 
$
159

 
$
1,052

 
$
(367
)
 
$
685

Reclassification of net securities gains included in net income (2)
(39
)
 
14

 
(25
)
 
(4
)
 
1

 
(3
)
Impact of deferred acquisition costs, deferred sales inducement costs, unearned revenue, benefit reserves and reinsurance recoverables
(107
)
 
37

 
(70
)
 
(419
)
 
147

 
(272
)
Net unrealized securities gains
98

 
(34
)
 
64

 
629

 
(219
)
 
410

Net unrealized derivatives gains:
Reclassification of net derivative losses included in net income (4)
2

 
(1
)
 
1

 
3

 
(1
)
 
2

Net unrealized derivatives gains
2

 
(1
)
 
1

 
3

 
(1
)
 
2

Defined benefit plans:
Net gain arising during the period
7

 
(2
)
 
5

 
9

 
(3
)
 
6

Defined benefit plans
7

 
(2
)
 
5

 
9

 
(3
)
 
6

Foreign currency translation
46

 
(16
)
 
30

 
(59
)
 
20

 
(39
)
Other
(1
)
 
—

 
(1
)
 
—

 
—

 
—

Total other comprehensive income
$
152

 
$
(53
)
 
$
99

 
$
582

 
$
(203
)
 
$
379

(1) Includes other-than-temporary impairment losses on Available-for-Sale securities related to factors other than credit that were recognized in other comprehensive income (loss) during the period.
(2) Reclassification amounts are recorded in net investment income.
(3) Includes $1 million pretax gain reclassified to interest and debt expense for both the three months ended June 30, 2017 and 2016, and a $1 million and $2 million pretax loss reclassified to net investment income for the three months ended June 30, 2017 and 2016, respectively.
(4) Includes $1 million pretax gain reclassified to interest and debt expense for both the six months ended June 30, 2017 and 2016, and a $2 million and $3 million pretax loss reclassified to net investment income for the six months ended June 30, 2017 and 2016, respectively.
Information related to amounts reclassified from AOCI [Table Text Block]
The following tables present the changes in the balances of each component of AOCI, net of tax:
 
Net Unrealized Securities Gains
 
Net Unrealized Derivatives Gains
 
Defined
Benefit Plans
 
Foreign Currency Translation
 
Other
 
Total
(in millions)
Balance, April 1, 2017
$
486

 
$
6

 
$
(120
)
 
$
(152
)
 
$
(1
)
 
$
219

OCI before reclassifications
70

 
—

 
—

 
23

 
—

 
93

Amounts reclassified from AOCI
(13
)
 
—

 
—

 
—

 
—

 
(13
)
Total OCI
57

 
—

 
—

 
23

 
—

 
80

Balance, June 30, 2017
$
543

(1) 
$
6

 
$
(120
)
 
$
(129
)
 
$
(1
)
 
$
299

Balance, January 1, 2017
$
479

 
$
5

 
$
(125
)
 
$
(159
)
 
$
—

 
$
200

OCI before reclassifications
89

 
—

 
—

 
30

 
(1
)
 
118

Amounts reclassified from AOCI
(25
)
 
1

 
5

 
—

 
—

 
(19
)
Total OCI
64

 
1

 
5

 
30

 
(1
)
 
99

Balance, June 30, 2017
$
543

(1) 
$
6

 
$
(120
)
 
$
(129
)
 
$
(1
)
 
$
299

 
Net Unrealized Securities Gains
 
Net Unrealized Derivatives Gains
 
Defined Benefit Plans
 
Foreign Currency Translation
 
Total
(in millions)
Balance, April 1, 2016
$
625

 
$
2

 
$
(91
)
 
$
(94
)
 
$
442

OCI before reclassifications
221

 
—

 
—

 
(28
)
 
193

Amounts reclassified from AOCI
(4
)
 
1

 
6

 
—

 
3

Total OCI
217

 
1

 
6

 
(28
)
 
196

Balance, June 30, 2016
$
842

(1) 
$
3

 
$
(85
)
 
$
(122
)
 
$
638

Balance, January 1, 2016
$
426

 
$
1

 
$
(91
)
 
$
(83
)
 
$
253

Cumulative effect of change in accounting policies
6

 
—

 
—

 
—

 
6

Balance, January 1, 2016, as adjusted
432

 
1

 
(91
)
 
(83
)
 
259

OCI before reclassifications
413

 
—

 
—

 
(39
)
 
374

Amounts reclassified from AOCI
(3
)
 
2

 
6

 
—

 
5

Total OCI
410

 
2

 
6

 
(39
)
 
379

Balance, June 30, 2016
$
842

(1) 
$
3

 
$
(85
)
 
$
(122
)
 
$
638

(1) Includes $4 million and $1 million of noncredit related impairments on securities and net unrealized securities gains (losses) on previously impaired securities as of June 30, 2017 and June 30, 2016, respectively.