Segment Information (Tables)

6 Months Ended

Jun. 30, 2012

Segment Information

Schedule of segment reporting information

	June 30, 2012		December 31, 2011
	(in millions)
Advice & Wealth Management	$	12,715	$	12,293
Asset Management	6,181		6,863
Annuities	89,293		86,598
Protection	18,311		18,304
Corporate & Other	8,770		8,249
Total assets	$	135,270	$	132,307

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(in millions)
Operating net revenues:
Advice & Wealth Management	$	953		$	957		$	1,907		$	1,870
Asset Management	707			753			1,418			1,490
Annuities	628			665			1,256			1,308
Protection	528			522			1,050			1,038
Corporate & Other	7			22			15			16
Eliminations (1) (2)	(305		)	(327		)	(617		)	(636		)
Total segment operating revenues	2,518			2,592			5,029			5,086
Net realized gains (losses)	(5		)	6			(7		)	7
Revenues of CIEs	1			25			53			62
Total net revenues per consolidated statements of operations	$	2,514		$	2,623		$	5,075		$	5,155

(1) Represents the elimination of intersegment revenues recognized for the three months ended June 30, 2012 and 2011 in each segment as follows: Advice & Wealth Management ($218 and $242, respectively); Asset Management ($12 and $11, respectively); Annuities ($66 and $64, respectively); Protection ($9 and $9, respectively); and Corporate & Other (nil and $1, respectively).

(2) Represents the elimination of intersegment revenues recognized for the six months ended June 30, 2012 and 2011 in each segment as follows: Advice & Wealth Management ($447 and $474, respectively); Asset Management ($22 and $21, respectively); Annuities ($129 and $122, respectively); Protection ($18 and $18, respectively); and Corporate & Other ($1 and $1, respectively).

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(in millions)
Operating earnings:
Advice & Wealth Management	$	111		$	108		$	205		$	207
Asset Management	130			146			261			282
Annuities	116			154			305			326
Protection	109			92			216			203
Corporate & Other	(67		)	(41		)	(132		)	(106		)
Total segment operating earnings	399			459			855			912
Net realized gains (losses)	(5		)	6			(7		)	7
Net loss attributable to noncontrolling interests	(53		)	(28		)	(49		)	(46		)
Market impact on variable annuity living benefits, net of hedges, DSIC and DAC amortization	(16		)	(7		)	(129		)	(28		)
Integration and restructuring charges	(26		)	(21		)	(49		)	(50		)
Income from continuing operations before income tax provision per consolidated statements of operations	$	299		$	409		$	621		$	795