Financing Receivables (Tables)

6 Months Ended

Jun. 30, 2012

Financing Receivables

Rollforward of the allowance for loan losses

	June 30, 2012
	Commercial						Consumer
	Mortgage			Syndicated			Bank
	Loans			Loans			Loans			Total
	(in millions)
Beginning balance	$	35		$	9		$	16		$	60
Charge-offs	(2		)	(2		)	(5		)	(9		)
Recoveries	—			—			1			1
Provisions	—			—			3			3
Ending balance	$	33		$	7		$	15		$	55
Individually evaluated for impairment	$	10		$	1		$	2		$	13
Collectively evaluated for impairment	23			6			13			42

	June 30, 2011
	Commercial						Consumer
	Mortgage			Syndicated			Bank
	Loans			Loans			Loans			Total
	(in millions)
Beginning balance	$	38		$	10		$	16		$	64
Charge-offs	(2		)	—			(6		)	(8		)
Provisions	—			(1		)	7			6
Ending balance	$	36		$	9		$	17		$	62
Individually evaluated for impairment	$	10		$	1		$	2		$	13
Collectively evaluated for impairment	26			8			15			49

Financing receivables by impairment method and type of loan

	June 30, 2012
	Commercial				Consumer
	Mortgage		Syndicated		Bank
	Loans		Loans		Loans		Total
	(in millions)
Individually evaluated for impairment	$	58	$	3	$	10	$	71
Collectively evaluated for impairment	2,526		348		1,357		4,231
Total	$	2,584	$	351	$	1,367	$	4,302

	December 31, 2011
	Commercial				Consumer
	Mortgage		Syndicated		Bank
	Loans		Loans		Loans		Total
	(in millions)
Individually evaluated for impairment	$	68	$	5	$	11	$	84
Collectively evaluated for impairment	2,556		359		1,369		4,284
Total	$	2,624	$	364	$	1,380	$	4,368

Purchases and sales of loans under financing receivables

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
	(in millions)
Purchases
Consumer bank loans	$	—	$	108	$	51	$	221
Syndicated loans	24		40		53		103
Total loans purchased	$	24	$	148	$	104	$	324
Sales
Consumer bank loans	$	58	$	45	$	121	$	140
Syndicated loans	—		1		—		2
Total loans sold	$	58	$	46	$	121	$	142

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

	Loans				Percentage
	June 30, 2012		December 31, 2011		June 30, 2012		December 31, 2011
	(in millions)
East North Central	$	253	$	252	10	%	10	%
East South Central	64		65		2		2
Middle Atlantic	214		223		8		9
Mountain	290		284		11		11
New England	143		141		6		5
Pacific	571		584		22		22
South Atlantic	660		648		26		25
West North Central	227		244		9		9
West South Central	162		183		6		7
	2,584		2,624		100	%	100	%
Less: allowance for loan losses	33		35
Total	$	2,551	$	2,589

Schedule of concentrations of credit risk of commercial mortgage loans by property type

	Loans				Percentage
	June 30, 2012		December 31, 2011		June 30, 2012		December 31, 2011
	(in millions)
Apartments	$	410	$	392	16	%	15	%
Hotel	50		51		2		2
Industrial	483		480		19		18
Mixed use	42		42		1		2
Office	640		694		25		26
Retail	830		845		32		32
Other	129		120		5		5
	2,584		2,624		100	%	100	%
Less: allowance for loan losses	33		35
Total	$	2,551	$	2,589

Schedule of troubled debt restructurings

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	Number	Recorded		Number	Recorded		Number	Recorded		Number	Recorded
	of Loans	Investment		of Loans	Investment		of Loans	Investment		of Loans	Investment
	(in millions, except number of loans)
Commercial mortgage loans	1	$	1	5	$	23	1	$	1	6	$	29
Syndicated loans	—	—		—	—		2	2		2	—
Consumer bank loans	13	—		26	1		39	—		58	1
Total	14	$	1	31	$	24	42	$	3	66	$	30