Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)

12 Months Ended

Dec. 31, 2012

Deferred Acquisition Costs and Deferred Sales Inducement Costs

Schedule of balances of and changes in DAC

	2012			2011			2010
	(in millions)
Balance at January 1	$	2,440		$	2,556		$	2,394
Capitalization of acquisition costs		313			335			346
Amortization, excluding the impact of valuation assumptions review		(275	)		(366	)		(288	)
Amortization, impact of valuation assumptions review		(11	)		(31	)		174
Impact of change in net unrealized securities gains		(68	)		(54	)		(70	)
Balance at December 31	$	2,399		$	2,440		$	2,556

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

	2012			2011			2010
	(in millions)
Balance at January 1	$	464		$	545		$	524
Capitalization of sales inducement costs		7			9			35
Amortization, excluding the impact of valuation assumptions review		(45	)		(70	)		(49	)
Amortization, impact of valuation assumptions review		(13	)		(11	)		52
Impact of change in net unrealized securities gains		(9	)		(9	)		(17	)
Balance at December 31	$	404		$	464		$	545