Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)

12 Months Ended

Dec. 31, 2011

Deferred Acquisition Costs and Deferred Sales Inducement Costs

Schedule of balances of and changes in DAC

	2011			2010			2009
	(in millions)
Balance at January 1	$	4,619		$	4,334		$	4,383
Capitalization of acquisition costs		492			525			620
Amortization, excluding the impact of valuation assumptions review		(567	)		(450	)		(336	)
Amortization, impact of valuation assumptions review		(51	)		323			119
Impact of change in net unrealized securities gains		(91	)		(113	)		(452	)
Balance at December 31	$	4,402		$	4,619		$	4,334

Schedule of balances of and changes in DSIC, included in other assets on the Consolidated Balance Sheets

	2011			2010			2009
	(in millions)
Balance at January 1	$	545		$	524		$	518
Capitalization of sales inducement costs		9			35			82
Amortization, excluding the impact of valuation assumptions review		(70	)		(49	)		(19	)
Amortization, impact of valuation assumptions review		(11	)		52			9
Impact of change in net unrealized securities gains		(9	)		(17	)		(66	)
Balance at December 31	$	464		$	545		$	524