Basis of Presentation Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2017

New Accounting Pronouncement or Change in Accounting Principle, Retrospective Adjustments [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

The following table presents the impact to the consolidated statements of operations for the prior period presented:

	Three Months Ended March 31, 2017
	Previously Reported		Effect of Change			As Adjusted
	(in millions)
Revenues
Management and financial advice fees	$	1,482	$	5		$	1,487
Distribution fees	443		(2		)	441
Net investment income	391		—			391
Premiums	339		—			339
Other revenues	256		22			278
Total revenues	2,911		25			2,936
Banking and deposit interest expense	10		—			10
Total net revenues	2,901		25			2,926
Expenses
Distribution expenses	823		—			823
Interest credited to fixed accounts	162		—			162
Benefits, claims, losses and settlement expenses	567		—			567
Amortization of deferred acquisition costs	72		—			72
Interest and debt expense	50		—			50
General and administrative expense	752		25			777
Total expenses	2,426		25			2,451
Pretax income	475		—			475
Income tax provision	72		—			72
Net income	$	403	$	—		$	403