Financing Receivables (Tables)

9 Months Ended

Sep. 30, 2011

Financing Receivables

Rollforward of the allowance for loan losses

	September 30, 2011
	Commercial						Consumer
	Mortgage			Syndicated			Bank
	Loans			Loans			Loans			Total
	(in millions)
Beginning balance	$	38		$	10		$	16		$	64
Charge-offs	(2		)	—			(8		)	(10		)
Provisions	(1		)	(1		)	8			6
Ending balance	$	35		$	9		$	16		$	60
Individually evaluated for impairment	$	10		$	1		$	2		$	13
Collectively evaluated for impairment	25			8			14			47

	September 30, 2010
	Commercial						Consumer
	Mortgage			Syndicated			Bank
	Loans			Loans			Loans			Total
	(in millions)
Beginning balance	$	32		$	26		$	13		$	71
Charge-offs	(1		)	(2		)	(8		)	(11		)
Provisions	8			(10		)	11			9
Ending balance	$	39		$	14		$	16		$	69
Individually evaluated for impairment	$	7		$	1		$	2		$	10
Collectively evaluated for impairment	32			13			14			59

Financing receivables by impairment method and type of loan

	September 30, 2011
	Commercial				Consumer
	Mortgage		Syndicated		Bank
	Loans		Loans		Loans		Total
	(in millions)
Individually evaluated for impairment	$	77	$	5	$	11	$	93
Collectively evaluated for impairment	2,478		370		1,310		4,158
Total	$	2,555	$	375	$	1,321	$	4,251

	December 31, 2010
	Commercial				Consumer
	Mortgage		Syndicated		Bank
	Loans		Loans		Loans		Total
	(in millions)
Individually evaluated for impairment	$	75	$	8	$	12	$	95
Collectively evaluated for impairment	2,540		303		1,054		3,897
Total	$	2,615	$	311	$	1,066	$	3,992

Purchases and sales of loans under financing receivables

	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
	(in millions)
Purchases
Consumer bank loans	$	85	$	68	$	306	$	217
Syndicated loans	82		16		185		22
Total loans purchased	$	167	$	84	$	491	$	239
Sales
Consumer bank loans	$	51	$	110	$	191	$	295
Syndicated loans	—		17		2		39
Total loans sold	$	51	$	127	$	193	$	334

Schedule of commercial mortgage loans by geographic region and specific collateral property type (Table)

	Loans				Percentage
	September 30, 2011		December 31, 2010		September 30, 2011		December 31, 2010
	(in millions)
East North Central	$	251	$	242	10	%	9	%
East South Central	65		66		2		3
Middle Atlantic	220		215		9		8
Mountain	279		301		11		11
New England	144		156		6		6
Pacific	573		541		22		21
South Atlantic	610		625		24		24
West North Central	250		271		10		10
West South Central	163		198		6		8
	2,555		2,615		100	%	100	%
Less: allowance for loan losses	35		38
Total	$	2,520	$	2,577

Concentrations of credit risk of commercial mortgage loans by property type were as follows:

	Loans				Percentage
	September 30, 2011		December 31, 2010		September 30, 2011		December 31, 2010
	(in millions)
Apartments	$	378	$	351	15	%	13	%
Hotel	52		57		2		2
Industrial	471		475		18		18
Mixed Use	40		43		2		2
Office	698		747		27		29
Retail	808		843		32		32
Other	108		99		4		4
	2,555		2,615		100	%	100	%
Less: allowance for loan losses	35		38
Total	$	2,520	$	2,577