Segment Information (Tables)

9 Months Ended

Sep. 30, 2012

Segment Information

Schedule of segment reporting information

	September 30, 2012		December 31, 2011
	(in millions)
Advice & Wealth Management	$	12,707	$	12,293
Asset Management	6,478		6,863
Annuities	91,815		86,598
Protection	18,711		18,304
Corporate & Other	8,853		8,249
Total assets	$	138,564	$	132,307

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
	(in millions)
Operating net revenues:
Advice & Wealth Management	$	961		$	938		$	2,868		$	2,808
Asset Management	733			705			2,151			2,195
Annuities	632			688			1,888			1,996
Protection	496			502			1,546			1,540
Corporate & Other	5			(7		)	20			9
Eliminations (1) (2)	(310		)	(317		)	(927		)	(953		)
Total segment operating revenues	2,517			2,509			7,546			7,595
Net realized gains (losses)	(68		)	(2		)	(75		)	5
Revenues of CIEs	27			(52		)	80			10
Integration and restructuring charges	(8		)	—			(8		)	—
Total net revenues per consolidated statements of operations	$	2,468		$	2,455		$	7,543		$	7,610

(1) Represents the elimination of intersegment revenues recognized for the three months ended September 30, 2012 and 2011 in each segment as follows:

Advice & Wealth Management ($219 and $231, respectively); Asset Management ($10 and $10, respectively); Annuities ($71 and $66, respectively); Protection ($10 and $10, respectively); and Corporate & Other (nil and nil, respectively).

(2) Represents the elimination of intersegment revenues recognized for the nine months ended September 30, 2012 and 2011 in each segment as follows:

Advice & Wealth Management ($666 and $705, respectively); Asset Management ($32 and $31, respectively); Annuities ($200 and $188, respectively); Protection ($28 and $28, respectively); and Corporate & Other ($1 and $1, respectively).

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
	(in millions)
Operating earnings:
Advice & Wealth Management	$	119		$	116		$	324		$	323
Asset Management	155			119			416			401
Annuities	91			135			396			461
Protection	89			70			305			273
Corporate & Other	(57		)	(60		)	(189		)	(166		)
Total segment operating earnings	397			380			1,252			1,292
Net realized gains (losses)	(68		)	(2		)	(75		)	5
Net loss attributable to noncontrolling interests	(22		)	(105		)	(71		)	(151		)
Market impact on variable annuity living benefits, net of hedges, DSIC and DAC amortization	(91		)	77			(220		)	49
Integration and restructuring charges	(17		)	(24		)	(66		)	(74		)
Income from continuing operations before income tax provision per consolidated statements of operations	$	199		$	326		$	820		$	1,121