XML 87 R65.htm IDEA: XBRL DOCUMENT v3.10.0.1
Basis of Presentation Basis of Presentation (Revenue Recognition) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Statement [Line Items]                      
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 $ 3,179 $ 3,292 $ 3,196 $ 3,168 $ 3,180 $ 3,014 $ 3,012 $ 2,926 12,835 12,132 11,800
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
Pretax income                 2,484 2,214 1,591
Income tax provision                 386 734 278
Net income 539 $ 503 $ 462 $ 594 177 $ 507 $ 393 $ 403 2,098 1,480 1,313
Assets 137,216       147,480       137,216 147,480  
Liabilities 131,628       141,485       131,628 141,485  
Retained earnings $ (12,909)       (11,326)       (12,909) (11,326)  
Management and financial advice fees [Member]                      
Statement [Line Items]                      
Revenue from Contract with Customer, Including Assessed Tax                 6,776 6,415 5,802
Distribution fees [Member]                      
Statement [Line Items]                      
Revenue from Contract with Customer, Including Assessed Tax                 $ 1,877 1,757 1,781
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Accounting Standards Update 2014-09 [Member]                      
Statement [Line Items]                      
Other revenues                   95 94
Total revenues                   105 104
Total net revenues                   105 104
Distribution expenses                   (2) (2)
General and administrative expense                   107 107
Total expenses                   105 105
Pretax income                     (1)
Net income                     (1)
Assets         10         10 10
Liabilities         13         13 13
Retained earnings         $ (3)         (3) (3)
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Accounting Standards Update 2014-09 [Member] | Management and financial advice fees [Member]                      
Statement [Line Items]                      
Revenue from Contract with Customer, Including Assessed Tax                   23 24
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Accounting Standards Update 2014-09 [Member] | Distribution fees [Member]                      
Statement [Line Items]                      
Revenue from Contract with Customer, Including Assessed Tax                   (13) (14)
Calculated under Revenue Guidance in Effect before Topic 606 [Member]                      
Statement [Line Items]                      
Net investment income                   1,509 1,576
Premiums                   1,394 1,491
Other revenues                   1,010 1,095
Total revenues                   12,075 11,735
Banking and deposit interest expense                   48 39
Total net revenues                   12,027 11,696
Distribution expenses                   3,399 3,202
Interest credited to fixed accounts                   656 623
Benefits, claims, losses and settlement expenses                   2,233 2,646
Amortization of deferred acquisition costs                   267 415
Interest and debt expense                   207 241
General and administrative expense                   3,051 2,977
Total expenses                   9,813 10,104
Pretax income                   2,214 1,592
Income tax provision                   734 278
Net income                   1,480 1,314
Calculated under Revenue Guidance in Effect before Topic 606 [Member] | Management and financial advice fees [Member]                      
Statement [Line Items]                      
Revenue from Contract with Customer, Including Assessed Tax                   6,392 5,778
Calculated under Revenue Guidance in Effect before Topic 606 [Member] | Distribution fees [Member]                      
Statement [Line Items]                      
Revenue from Contract with Customer, Including Assessed Tax                   $ 1,770 $ 1,795