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CONSOLIDATED STATEMENTS OF OPERATIONS Consolidated Statement of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues [Abstract]      
Net investment income $ 1,596 $ 1,509 $ 1,576
Premiums 1,426 1,394 1,491
Other revenues 1,249 1,105 1,189
Total revenues 12,924 12,180 11,839
Banking and deposit interest expense 89 48 39
Total net revenues 12,835 12,132 11,800
Expenses      
Distribution expenses 3,637 3,397 3,200
Interest credited to fixed accounts 674 656 623
Benefits, claims, losses and settlement expenses 2,302 2,233 2,646
Amortization of deferred acquisition costs 322 267 415
Interest and debt expense 245 207 241
General and administrative expense 3,171 3,158 3,084
Total expenses 10,351 9,918 10,209
Income from continuing operations before income tax provision 2,484 2,214 1,591
Income tax provision 386 734 278
Net income $ 2,098 $ 1,480 $ 1,313
Earnings Per Share, Basic:      
Net income (in dollars per basic share) $ 14.41 $ 9.60 $ 7.90
Earnings Per Share, Diluted:      
Net income (in dollars per diluted share) $ 14.20 $ 9.44 $ 7.81
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale [Abstract]      
Total other-than-temporary impairment losses on securities $ 0 $ (1) $ (2)
Portion of loss recognized in other comprehensive income (loss) (before taxes) 0 0 1
Net impairment losses recognized in net investment income 0 (1) (1)
Management and financial advice fees [Member]      
Revenues [Abstract]      
Revenue from Contract with Customer, Including Assessed Tax 6,776 6,415 5,802
Distribution fees [Member]      
Revenues [Abstract]      
Revenue from Contract with Customer, Including Assessed Tax $ 1,877 $ 1,757 $ 1,781