The following tables present revenue disaggregated by segment on an adjusted operating basis with a reconciliation of segment revenues to those reported on the Consolidated Statements of Operations:



	Three Months Ended June 30, 2018
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other		Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	472	$	—	$	—	$	—	$	472	$	—	$	472
Institutional	—		109		—		—		—		109		—		109
Advisory fees	706		—		—		—		—		706		—		706
Financial planning fees	80		—		—		—		—		80		—		80
Transaction and other fees	92		48		15		2		—		157		—		157
Total management and financial advice fees	878		629		15		2		—		1,524		—		1,524

Distribution fees:
Mutual funds	184		68		—		—		—		252		—		252
Insurance and annuity	231		42		84		10		—		367		—		367
Other products	147		—		—		—		—		147		—		147
Total distribution fees	562		110		84		10		—		766		—		766

Other revenues	47		1		—		—		—		48		—		48
Total revenue from contracts with customers	1,487		740		99		12		—		2,338		—		2,338

Revenue from other sources ⁽¹⁾	76		15		523		521		57		1,192		55		1,247
Total segment gross revenues	1,563		755		622		533		57		3,530		55		3,585
Less: Banking and deposit interest expense	20		—		—		—		1		21		—		21
Total segment net revenues	1,543		755		622		533		56		3,509		55		3,564
Less: intersegment revenues	247		12		90		13		—		362		6		368
Total net revenues	$	1,296	$	743	$	532	$	520	$	56	$	3,147	$	49	$	3,196



	Three Months Ended June 30, 2017
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other		Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	460	$	—	$	—	$	—	$	460	$	—	$	460
Institutional	—		106		—		—		—		106		—		106
Advisory fees	606		—		—		—		—		606		—		606
Financial planning fees	75		—		—		—		—		75		—		75
Transaction and other fees	93		53		15		1		—		162		—		162
Total management and financial advice fees	774		619		15		1		—		1,409		—		1,409

Distribution fees:
Mutual funds	178		71		—		—		—		249		—		249
Insurance and annuity	210		41		82		7		—		340		—		340
Other products	119		—		—		—		—		119		—		119
Total distribution fees	507		112		82		7		—		708		—		708

Other revenues	46		—		—		—		—		46		—		46
Total revenue from contracts with customers	1,327		731		97		8		—		2,163		—		2,163

Revenue from other sources ⁽¹⁾	61		16		530		509		56		1,172		39		1,211
Total segment gross revenues	1,388		747		627		517		56		3,335		39		3,374
Less: Banking and deposit interest expense	12		—		—		—		1		13		—		13
Total segment net revenues	1,376		747		627		517		55		3,322		39		3,361
Less: intersegment revenues	231		12		87		15		—		345		4		349
Total net revenues	$	1,145	$	735	$	540	$	502	$	55	$	2,977	$	35	$	3,012



	Six Months Ended June 30, 2018
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other			Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	952	$	—	$	—	$	—		$	952	$	—	$	952
Institutional	—		220		—		—		—			220		—		220
Advisory fees	1,397		—		—		—		—			1,397		—		1,397
Financial planning fees	148		—		—		—		—			148		—		148
Transaction and other fees	181		96		29		4		—			310		—		310
Total management and financial advice fees	1,726		1,268		29		4		—			3,027		—		3,027

Distribution fees:
Mutual funds	374		137		—		—		—			511		—		511
Insurance and annuity	453		87		168		18		—			726		—		726
Other products	292		—		—		—		—			292		—		292
Total distribution fees	1,119		224		168		18		—			1,529		—		1,529

Other revenues	88		2		—		—		—			90		—		90
Total revenue from contracts with customers	2,933		1,494		197		22		—			4,646		—		4,646

Revenue from other sources ⁽¹⁾	147		39		1,038		1,030		115			2,369		116		2,485
Total segment gross revenues	3,080		1,533		1,235		1,052		115			7,015		116		7,131
Less: Banking and deposit interest expense	36		—		—		—		2			38		—		38
Total segment net revenues	3,044		1,533		1,235		1,052		113			6,977		116		7,093
Less: intersegment revenues	487		24		180		29		(1		)	719		10		729
Total net revenues	$	2,557	$	1,509	$	1,055	$	1,023	$	114		$	6,258	$	106	$	6,364



	Six Months Ended June 30, 2017
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other		Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	900	$	—	$	—	$	—	$	900	$	—	$	900
Institutional	—		207		—		—		—		207		—		207
Advisory fees	1,176		—		—		—		—		1,176		—		1,176
Financial planning fees	139		—		—		—		—		139		—		139
Transaction and other fees	182		104		28		3		—		317		—		317
Total management and financial advice fees	1,497		1,211		28		3		—		2,739		—		2,739

Distribution fees:
Mutual funds	386		151		—		—		—		537		—		537
Insurance and annuity	409		82		160		15		—		666		—		666
Other products	228		—		—		—		—		228		—		228
Total distribution fees	1,023		233		160		15		—		1,431		—		1,431

Other revenues	83		1		—		—		—		84		—		84
Total revenue from contracts with customers	2,603		1,445		188		18		—		4,254		—		4,254

Revenue from other sources ⁽¹⁾	116		27		1,047		1,020		113		2,323		84		2,407
Total segment gross revenues	2,719		1,472		1,235		1,038		113		6,577		84		6,661
Less: Banking and deposit interest expense	22		—		—		—		1		23		—		23
Total segment net revenues	2,697		1,472		1,235		1,038		112		6,554		84		6,638
Less: intersegment revenues	468		23		171		30		—		692		8		700
Total net revenues	$	2,229	$	1,449	$	1,064	$	1,008	$	112	$	5,862	$	76	$	5,938

⁽¹⁾Revenues not included in the scope of the revenue from contracts with customers standard. The amounts primarily consist of revenue associated with the manufacturing of insurance and annuity products or financial instruments.