Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] |
The following tables present the impact to the consolidated statements of operations for the prior periods presented: | | | | | | | | | | | | | | Three Months Ended September 30, 2017 | Previously Reported | | Effect of Change | | As Adjusted | (in millions) | Revenues | | | | | | Management and financial advice fees | $ | 1,626 |
| | $ | 13 |
| | $ | 1,639 |
| Distribution fees | 437 |
| | (2 | ) | | 435 |
| Net investment income | 372 |
| | — |
| | 372 |
| Premiums | 348 |
| | — |
| | 348 |
| Other revenues | 210 |
| | 22 |
| | 232 |
| Total revenues | 2,993 |
| | 33 |
| | 3,026 |
| Banking and deposit interest expense | 12 |
| | — |
| | 12 |
| Total net revenues | 2,981 |
| | 33 |
| | 3,014 |
| Expenses | | | | | | Distribution expenses | 850 |
| | — |
| | 850 |
| Interest credited to fixed accounts | 176 |
| | — |
| | 176 |
| Benefits, claims, losses and settlement expenses | 474 |
| | — |
| | 474 |
| Amortization of deferred acquisition costs | 48 |
| | — |
| | 48 |
| Interest and debt expense | 52 |
| | — |
| | 52 |
| General and administrative expense | 753 |
| | 28 |
| | 781 |
| Total expenses | 2,353 |
| | 28 |
| | 2,381 |
| Pretax income | 628 |
| | 5 |
| | 633 |
| Income tax provision | 125 |
| | 1 |
| | 126 |
| Net income | $ | 503 |
| | $ | 4 |
| | $ | 507 |
|
| | | | | | | | | | | | | | Nine Months Ended September 30, 2017 | Previously Reported | | Effect of Change | | As Adjusted | (in millions) | Revenues | | | | | | Management and financial advice fees | $ | 4,669 |
| | $ | 25 |
| | $ | 4,694 |
| Distribution fees | 1,310 |
| | (9 | ) | | 1,301 |
| Net investment income | 1,154 |
| | — |
| | 1,154 |
| Premiums | 1,035 |
| | — |
| | 1,035 |
| Other revenues | 733 |
| | 69 |
| | 802 |
| Total revenues | 8,901 |
| | 85 |
| | 8,986 |
| Banking and deposit interest expense | 34 |
| | — |
| | 34 |
| Total net revenues | 8,867 |
| | 85 |
| | 8,952 |
| Expenses | | | | | | Distribution expenses | 2,505 |
| | (1 | ) | | 2,504 |
| Interest credited to fixed accounts | 509 |
| | — |
| | 509 |
| Benefits, claims, losses and settlement expenses | 1,652 |
| | — |
| | 1,652 |
| Amortization of deferred acquisition costs | 189 |
| | — |
| | 189 |
| Interest and debt expense | 154 |
| | — |
| | 154 |
| General and administrative expense | 2,244 |
| | 81 |
| | 2,325 |
| Total expenses | 7,253 |
| | 80 |
| | 7,333 |
| Pretax income | 1,614 |
| | 5 |
| | 1,619 |
| Income tax provision | 315 |
| | 1 |
| | 316 |
| Net income | $ | 1,299 |
| | $ | 4 |
| | $ | 1,303 |
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