Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)

9 Months Ended

Sep. 30, 2012

Deferred Acquisition Costs and Deferred Sales Inducement Costs

Schedule of balances of and changes in DAC

	2012			2011
	(in millions)
Balance at January 1	$	2,440		$	2,556
Capitalization of acquisition costs	229			252
Amortization, excluding the impact of valuation assumptions review	(186		)	(335		)
Amortization impact of valuation assumptions review	(11		)	(31		)
Impact of change in net unrealized securities gains	(75		)	(52		)
Balance at September 30	$	2,397		$	2,390

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

	2012			2011
	(in millions)
Balance at January 1	$	464		$	545
Capitalization of sales inducement costs	6			7
Amortization, excluding the impact of valuation assumptions review	(30		)	(69		)
Amortization impact of valuation assumptions review	(13		)	(11		)
Impact of change in net unrealized securities gains	(11		)	(9		)
Balance at September 30	$	416		$	463