Variable Annuity and Insurance Guarantees (Tables)

12 Months Ended

Dec. 31, 2011

Variable Annuity and Insurance Guarantees

Schedule of variable annuity guarantees

	December 31, 2011								December 31, 2010
Variable Annuity Guarantees by Benefit Type(1)	Total Contract Value		Contract Value in Separate Accounts		Net Amount at Risk(2)		Weighted Average Attained Age		Total Contract Value		Contract Value in Separate Accounts		Net Amount at Risk(2)		Weighted Average Attained Age
	(in millions, except age)
GMDB:
Return of premium	$	40,011	$	38,275	$	382		63	$	37,714	$	36,028	$	173		62
Five/six-year reset		11,631		9,118		350		63		13,689		11,153		312		62
One-year ratchet		7,233		6,777		479		64		7,741		7,242		287		63
Five-year ratchet		1,472		1,418		25		61		1,466		1,414		8		60
Other		759		732		93		68		680		649		61		67
Total — GMDB	$	61,106	$	56,320	$	1,329		63	$	61,290	$	56,486	$	841		62
GGU death benefit	$	920	$	868	$	78		63	$	970	$	912	$	79		64
GMIB	$	463	$	433	$	106		65	$	597	$	561	$	76		64
GMWB:
GMWB	$	3,887	$	3,868	$	236		65	$	4,341	$	4,317	$	106		64
GMWB for life		23,756		23,625		863		64		20,374		20,259		129		63
Total — GMWB	$	27,643	$	27,493	$	1,099		64	$	24,715	$	24,576	$	235		63
GMAB	$	3,516	$	3,509	$	63		56	$	3,540	$	3,523	$	22		56

(1)

Individual variable annuity contracts may have more than one guarantee and therefore may be included in more than one benefit type. Variable annuity contracts for which the death benefit equals the account value are not shown in this table.

(2)

Represents the current guaranteed benefit amount in excess of the current contract value. GMIB, GMWB and GMAB benefits are subject to waiting periods and payment periods specified in the contract.

Schedule of changes in additional liabilities for variable annuity and insurance guarantees

	GMDB & GGU			GMIB			GMWB			GMAB			UL
	(in millions)
Balance at January 1, 2009	$	55		$	12		$	1,471		$	367		$	7
Incurred claims		12			(5	)		(1,267	)		(267	)		8
Paid claims		(61	)		(1	)		—			—			—
Balance at December 31, 2009		6			6			204			100			15
Incurred claims		17			3			133			4			59
Paid claims		(18	)		(1	)		—			—			(6	)
Balance at December 31, 2010		5			8			337			104			68
Incurred claims		10			2			1,040			133			53
Paid claims		(10	)		(1	)		—			—			(10	)
Balance at December 31, 2011	$	5		$	9		$	1,377		$	237		$	111

Schedule of separate account balances by asset type

	December 31,
	2011		2010
	(in millions)
Mutual funds:
Equity	$	30,738	$	32,310
Bond		23,862		22,319
Other		1,969		2,208
Total mutual funds	$	56,569	$	56,837