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Segment Information (Tables)
9 Months Ended
Sep. 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:
 
September 30,
2017
 
December 31,
2016
(in millions)
Advice & Wealth Management
$
13,407

 
$
12,654

Asset Management
8,163

 
7,254

Annuities
96,656

 
93,481

Protection
17,543

 
16,780

Corporate & Other
9,717

 
9,652

Total assets
$
145,486

 
$
139,821

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
2017
 
2016
2017
 
2016
(in millions)
Operating net revenues:
Advice & Wealth Management
$
1,383

 
$
1,272

 
$
4,026

 
$
3,720

Asset Management
778

 
740

 
2,252

 
2,203

Annuities
626

 
631

 
1,861

 
1,846

Protection
478

 
613

 
1,516

 
1,693

Corporate & Other
50

 
51

 
162

 
178

Eliminations (1)(2)
(348
)
 
(353
)
 
(1,040
)
 
(1,042
)
Total segment operating revenues
2,967

 
2,954

 
8,777

 
8,598

Net realized investment gains (losses)
(3
)
 
6

 
35

 
(5
)
Revenues attributable to CIEs
23

 
27

 
70

 
77

Market impact on IUL benefits
(5
)
 
6

 
(7
)
 
18

Market impact of hedges on investments
(1
)
 
5

 
(8
)
 
(54
)
Total net revenues per consolidated statements of operations (3)(4)
$
2,981

 
$
2,998

 
$
8,867

 
$
8,634

(1) Represents the elimination of intersegment revenues recognized for the three months ended September 30, 2017 and 2016 in each segment as follows: Advice & Wealth Management ($233 million and $244 million, respectively); Asset Management ($12 million and $12 million, respectively); Annuities ($88 million and $85 million, respectively); Protection ($16 million and $12 million, respectively); and Corporate & Other ($(1) million and nil, respectively).
(2) 
Represents the elimination of intersegment revenues recognized for the nine months ended September 30, 2017 and 2016 in each segment as follows: Advice & Wealth Management ($701 million and $727 million, respectively); Asset Management ($35 million and $33 million, respectively); Annuities ($259 million and $247 million, respectively); Protection ($46 million and $34 million, respectively); and Corporate & Other ($(1) million and $1 million, respectively).
(3) Includes foreign net revenues of $198 million and $162 million for the three months ended September 30, 2017 and 2016, respectively.
(4) 
Includes foreign net revenues of $539 million and $500 million for the nine months ended September 30, 2017 and 2016, respectively.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
2017
 
2016
2017
 
2016
(in millions)
Operating earnings:
Advice & Wealth Management
$
298

 
$
231

 
$
837

 
$
657

Asset Management
200

 
155

 
526

 
452

Annuities
281

 
(68
)
 
562

 
202

Protection
55

 
84

 
169

 
190

Corporate & Other
(136
)
 
(145
)
 
(292
)
 
(271
)
Total segment operating earnings
698

 
257

 
1,802

 
1,230

Net realized investment gains (losses)
(3
)
 
6

 
33

 
(5
)
Net income (loss) attributable to CIEs

 

 
2

 
(1
)
Market impact on variable annuity guaranteed benefits
(55
)
 
(37
)
 
(198
)
 
(78
)
Market impact on IUL benefits
(10
)
 
7

 
(16
)
 
31

Market impact of hedges on investments
(1
)
 
5

 
(8
)
 
(54
)
Integration and restructuring charges
(1
)
 

 
(1
)
 

Pretax income per consolidated statements of operations
$
628

 
$
238

 
$
1,614

 
$
1,123