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Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of segment reporting information [Table Text Block]
The following tables summarize selected financial information by segment and reconcile segment totals to those reported on the consolidated financial statements:
 
June 30,
2017
 
December 31,
2016
(in millions)
Advice & Wealth Management
$
13,084

 
$
12,654

Asset Management
7,940

 
7,254

Annuities
95,364

 
93,481

Protection
17,236

 
16,780

Corporate & Other
9,520

 
9,652

Total assets
$
143,144

 
$
139,821

 
Three Months Ended June 30,
 
Six Months Ended June 30,
2017
 
2016
 
2017
 
2016
(in millions)
Operating net revenues:
Advice & Wealth Management
$
1,348

 
$
1,250

 
$
2,643

 
$
2,448

Asset Management
748

 
739

 
1,474

 
1,463

Annuities
627

 
619

 
1,235

 
1,215

Protection
517

 
538

 
1,038

 
1,080

Corporate & Other
55

 
59

 
112

 
127

Eliminations (1)(2)
(345
)
 
(349
)
 
(692
)
 
(689
)
Total segment operating revenues
2,950

 
2,856

 
5,810

 
5,644

Net realized investment gains (losses)
21

 
5

 
38

 
(11
)
Revenues attributable to CIEs
25

 
26

 
47

 
50

Market impact on IUL benefits, net
(3
)
 
3

 
(2
)
 
12

Market impact of hedges on investments
(8
)
 
(19
)
 
(7
)
 
(59
)
Total net revenues per consolidated statements of operations (3)(4)
$
2,985

 
$
2,871

 
$
5,886

 
$
5,636

(1) Represents the elimination of intersegment revenues recognized for the three months ended June 30, 2017 and 2016 in each segment as follows: Advice & Wealth Management ($231 million and $244 million, respectively); Asset Management ($12 million and $10 million, respectively); Annuities ($87 million and $83 million, respectively); Protection ($15 million and $11 million, respectively); and Corporate & Other (nil and $1 million, respectively).
(2) 
Represents the elimination of intersegment revenues recognized for the six months ended June 30, 2017 and 2016 in each segment as follows: Advice & Wealth Management ($468 million and $483 million, respectively); Asset Management ($23 million and $21 million, respectively); Annuities ($171 million and $162 million, respectively); Protection ($30 million and $22 million, respectively); and Corporate & Other (nil and $1 million, respectively).
(3) Includes foreign net revenues of $185 million and $166 million for the three months ended June 30, 2017 and 2016, respectively.
(4) 
Includes foreign net revenues of $341 million and $338 million for the six months ended June 30, 2017 and 2016, respectively.
 
Three Months Ended June 30,
 
Six Months Ended June 30,
2017
 
2016
 
2017
 
2016
(in millions)
Operating earnings:
Advice & Wealth Management
$
291

 
$
221

 
$
539

 
$
426

Asset Management
176

 
148

 
326

 
297

Annuities
142

 
146

 
281

 
270

Protection
51

 
38

 
114

 
106

Corporate & Other
(76
)
 
(77
)
 
(156
)
 
(126
)
Total segment operating earnings
584

 
476

 
1,104

 
973

Net realized investment gains (losses)
20

 
5

 
36

 
(11
)
Net income (loss) attributable to CIEs
1

 
1

 
2

 
(1
)
Market impact on variable annuity guaranteed benefits, net
(80
)
 
(58
)
 
(143
)
 
(41
)
Market impact on IUL benefits, net
(6
)
 
5

 
(6
)
 
24

Market impact of hedges on investments
(8
)
 
(19
)
 
(7
)
 
(59
)
Pretax income per consolidated statements of operations
$
511

 
$
410

 
$
986

 
$
885