FAIR VALUE DISCLOSURES (TABLES)

12 Months Ended

Dec. 31, 2014

Fair Value Disclosures Tables [Abstract]

Fair Value By Balance Sheet Grouping Text Block

Fair Value Measurements

				Level 1		Level 2		Level 3		Total

				(In Millions)
December 31, 2014
Assets:
Investments:
	Fixed maturity Securities, available-for-sale:
		Corporate		$	-	$	793	$	8	$	801
		U.S. Treasury, government and agency			-		27		-		27
		States and political subdivisions			-		6		-		6
		Commercial mortgage-backed			-		-		26		26
		Redeemable preferred stock			10		8		-		18
			Subtotal		10		834		34		878
	Other equity investments				1		-		-		1
	Options				-		26		-		26
Cash equivalents					42		-		-		42
Separate Accounts' assets					1,794		15		-		1,809
		Total Assets		$	1,847	$	875	$	34	$	2,756

Liabilities:
MSO and IUL indexed features’ liability				$	-	$	26	$	-	$	26
		Total Liabilities		$	-	$	26	$	-	$	26

December 31, 2013
Assets:
Investments:
	Fixed maturity Securities, available-for-sale:
		Corporate		$	-	$	624	$	9	$	633
		U.S. Treasury, government and agency			-		34		-		34
		States and political subdivisions			-		6		-		6
		Foreign governments			-		-		-		-
		Commercial mortgage-backed			-		-		24		24
		Redeemable preferred stock			8		8		-		16
			Subtotal		8		672		33		713
	Other equity investments				1		-		-		1
	Options				-		14		-		14
Cash equivalents					127		-		-		127
GMIB reinsurance contracts					-		-		-		-
Separate Accounts' assets					1,823		15		-		1,838
		Total Assets		$	1,959	$	701	$	33	$	2,693

Liabilities:
MSO and IUL indexed features’ liability				$	-	$	14	$	-	$	14
		Total Liabilities		$	-	$	14	$	-	$	14

Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Text Block

Level 3 Instruments
Fair Value Measurements


							Commercial				GMIB
							Mortgage-		Asset-		Reinsurance
					Corporate		backed		backed		Contracts

					(In Millions)

Balance, January 1, 2014					$	9	$	24	$	-	$	-
	Total gains (losses), realized and unrealized, included in:
		Earnings (loss) as:
			Investment gains (losses), net			(1)		(11)		-		-
		Other comprehensive income (loss)				1		13		-		-
Sales						(1)		-		-		-
Balance, December 31, 2014					$	8	$	26	$	-	$	-

Balance, January 1, 2013					$	35	$	35	$	6	$	7
	Total gains (losses), realized and unrealized included in:
		Earnings (loss) as:
			Investment gains (losses), net			2		(9)		2		-
			Increase (decrease) in the fair value of
				reinsurance contracts		-		-		-		(7)
		Other comprehensive income (loss)				(2)		(1)		(2)		-
Sales						(26)		(1)		(6)		-
Balance, December 31, 2013					$	9	$	24	$	-	$	-

Balance, January 1, 2012					$	34	$	29	$	5	$	9
	Total gains (losses), realized and unrealized included in:
		Earnings (loss) as:
			Investment gains (losses), net			1		(7)		-		-
			Increase (decrease) in the fair value of
				reinsurance contracts		-		-		-		(2)
		Other comprehensive income (loss)				-		13		1		-
Sales						(3)		-		-		-
Transfers into Level 3⁽¹⁾						3		-		-		-
Balance, December 31, 2012					$	35	$	35	$	6	$	7

Fair Value Assets Unrealized Gains Losses By Category For Level 3 Assets And Liabilities Still Held [Table Text Block]


						OCI

					(In Millions)
Level 3 Instruments
Full Year 2014
Still Held at December 31, 2014:
	Change in unrealized gains (losses):
		Fixed maturity securities, available-for-sale:
			Corporate			$	1
			Commercial mortgage-backed				12
				Total		$	13

Level 3 Instruments
Full Year 2013
Still Held at December 31, 2013:
	Change in unrealized gains (losses):
		Fixed maturity securities, available-for-sale:
			Commercial mortgage-backed			$	(2)
				Total		$	(2)

Fair Value Disclosure Financial Instruments Not Carried At Fair Value [Table Text Block]


	Carrying		Fair Value
	Value		Level 1		Level 2		Level 3		Total

	(In Millions)
December 31, 2014
Policyholders liabilities: Investment contracts	$	6	$	-	$	-	$	6	$	6
Policy Loans		151		-		-		184		184

December 31, 2013
Mortgage loans on real estate	$	28	$	-	$	-	$	28	$	28
Policyholders liabilities: Investment contracts		193		-		-		196		196
Policy Loans		142		-		-		174		174

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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