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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of segment reporting information [Table Text Block]
The following tables summarize selected financial information by segment and reconcile segment totals to those reported on the consolidated financial statements:
 
June 30,
2019
 
December 31,
2018
(in millions)
Advice & Wealth Management
$
16,281

 
$
14,480

Asset Management
7,949

 
7,558

Annuities
95,868

 
88,771

Protection
16,787

 
17,126

Corporate & Other
9,766

 
9,281

Assets held for sale
2,027

 
—

Total assets
$
148,678

 
$
137,216

 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
2019
 
2018
2019
 
2018
(in millions)
Adjusted operating net revenues:
 
 
 
 
 
 
 
Advice & Wealth Management
$
1,653

 
$
1,543

 
$
3,207

 
$
3,044

Asset Management
712

 
755

 
1,401

 
1,533

Annuities
620

 
622

 
1,224

 
1,235

Protection
259

 
255

 
521

 
508

Corporate & Other
352

 
334

 
694

 
657

Less: Eliminations (1)(2)
349

 
362

 
682

 
719

Total segment adjusted operating net revenues
3,247

 
3,147

 
6,365

 
6,258

Net realized gains (losses)
—

 
5

 
9

 
11

Revenue attributable to consolidated investment entities
24

 
49

 
45

 
71

Market impact on IUL benefits, net
(8
)
 
(10
)
 
(25
)
 
3

Market impact of hedges on investments
(18
)
 
5

 
(28
)
 
21

Integration and restructuring charges
—

 
—

 
(3
)
 
—

Total net revenues per Consolidated Statements of Operations
$
3,245

 
$
3,196

 
$
6,363

 
$
6,364

(1) 
Represents the elimination of intersegment revenues recognized for the three months ended June 30, 2019 and 2018 in each segment as follows: Advice & Wealth Management ($230 million and $247 million, respectively); Asset Management ($14 million and $12 million, respectively); Annuities ($91 million and $90 million, respectively); Protection ($15 million and $13 million, respectively); and Corporate & Other ($(1) million and nil, respectively).
(2) 
Represents the elimination of intersegment revenues recognized for the six months ended June 30, 2019 and 2018 in each segment as follows: Advice & Wealth Management ($449 million and $487 million, respectively); Asset Management ($27 million and $24 million, respectively); Annuities ($179 million and $180 million, respectively); Protection ($30 million and $29 million, respectively); and Corporate & Other ($(3) million and $(1) million, respectively).

 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
2019
 
2018
2019
 
2018
(in millions)
Adjusted operating earnings:
 
 
 
 
 
 
 
Advice & Wealth Management
$
376

 
$
350

 
$
726

 
$
666

Asset Management
164

 
183

 
310

 
378

Annuities
129

 
122

 
257

 
248

Protection
65

 
63

 
139

 
128

Corporate & Other
(61
)
 
(84
)
 
(124
)
 
(135
)
Total segment adjusted operating earnings
673

 
634

 
1,308

 
1,285

Net realized gains (losses)
—

 
5

 
9

 
11

Net income (loss) attributable to consolidated investment entities
1

 
—

 
1

 
—

Market impact on variable annuity guaranteed benefits, net
(60
)
 
(80
)
 
(202
)
 
(85
)
Market impact on IUL benefits, net
(26
)
 
(20
)
 
(77
)
 
5

Market impact on fixed annuity benefits, net
1

 
—

 
1

 
—

Mean reversion related impacts
18

 
8

 
54

 
14

Market impact of hedges on investments
(18
)
 
5

 
(28
)
 
21

Integration and restructuring charges
(2
)
 
(4
)
 
(9
)
 
(7
)
Pretax income per Consolidated Statements of Operations
$
587

 
$
548

 
$
1,057

 
$
1,244