Financing Receivables (Tables)

3 Months Ended

Mar. 31, 2013

Financing Receivables

Rollforward of the allowance for loan losses

	March 31, 2013
	Commercial
	Mortgage		Syndicated		Consumer
	Loans		Loans		Loans			Total
	(in millions)
Beginning balance	$	29	$	7	$	8		$	44
Charge-offs	—		—		(1		)	(1		)
Ending balance	$	29	$	7	$	7		$	43
Individually evaluated for impairment	$	7	$	—	$	1		$	8
Collectively evaluated for impairment	22		7		6			35

	March 31, 2012
	Commercial
	Mortgage		Syndicated			Consumer
	Loans		Loans			Loans			Total
	(in millions)
Beginning balance	$	35	$	9		$	16		$	60
Charge-offs	—		(2		)	(2		)	(4		)
Provisions	—		—			2			2
Ending balance	$	35	$	7		$	16		$	58
Individually evaluated for impairment	$	10	$	1		$	2		$	13
Collectively evaluated for impairment	25		6			14			45

Financing receivables by impairment method and type of loan

	March 31, 2013
	Commercial
	Mortgage		Syndicated		Consumer
	Loans		Loans		Loans		Total
	(in millions)
Individually evaluated for impairment	$	50	$	5	$	8	$	63
Collectively evaluated for impairment	2,571		316		1,010		3,897
Total	$	2,621	$	321	$	1,018	$	3,960

	December 31, 2012
	Commercial
	Mortgage		Syndicated		Consumer
	Loans		Loans		Loans		Total
	(in millions)
Individually evaluated for impairment	$	44	$	2	$	8	$	54
Collectively evaluated for impairment	2,562		335		1,061		3,958
Total	$	2,606	$	337	$	1,069	$	4,012

Purchases and sales of loans under financing receivables

	Three Months Ended March 31,
	2013		2012
	(in millions)
Purchases
Consumer loans	$	—	$	51
Syndicated loans	22		29
Total loans purchased	$	22	$	80
Sales
Consumer loans	$	—	$	63
Syndicated loans	1		—
Total loans sold	$	1	$	63

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

	Loans				Percentage
	March 31, 2013		December 31, 2012		March 31, 2013		December 31, 2012
	(in millions)
East North Central	$	260	$	260	10	%	10	%
East South Central	68		66		3		3
Middle Atlantic	205		207		8		8
Mountain	276		272		11		10
New England	141		146		5		6
Pacific	608		597		23		23
South Atlantic	676		661		26		25
West North Central	219		232		8		9
West South Central	168		165		6		6
	2,621		2,606		100	%	100	%
Less: allowance for loan losses	29		29
Total	$	2,592	$	2,577

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

	Loans				Percentage
	March 31, 2013		December 31, 2012		March 31, 2013		December 31, 2012
	(in millions)
Apartments	$	458	$	450	18	%	17	%
Hotel	37		36		1		1
Industrial	464		474		18		18
Mixed use	33		42		1		2
Office	603		610		23		24
Retail	888		858		34		33
Other	138		136		5		5
	2,621		2,606		100	%	100	%
Less: allowance for loan losses	29		29
Total	$	2,592	$	2,577

Schedule of troubled debt restructurings

	2013			2012
	Number	Recorded		Number	Recorded
	of Loans	Investment		of Loans	Investment
	(in millions, except number of loans)
Syndicated loans	—	$	—	2	$	2
Consumer loans	5	—		26	—
Total	5	$	—	28	$	2