XML 60 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $80,690 and $78,978) (includes variable interest entity assets, at fair value, of $265 and $153) $ 60,555us-gaap_AvailableForSaleSecuritiesDebtSecurities $ 59,384us-gaap_AvailableForSaleSecuritiesDebtSecurities
Fixed Maturities at Fair Value Using Fair Value Option Variable Interest Entity Assets 520us-gaap_MarketableSecuritiesFixedMaturitiesCurrent 488us-gaap_MarketableSecuritiesFixedMaturitiesCurrent
Equity securities, trading, at fair value (cost of $30,454 and $32,928) 11us-gaap_TradingSecuritiesEquity 11us-gaap_TradingSecuritiesEquity
Available-for-sale Securities, Equity Securities 1,148us-gaap_AvailableForSaleSecuritiesEquitySecurities 1,047us-gaap_AvailableForSaleSecuritiesEquitySecurities
Mortgage loans (net of allowances for loan losses of $83 and $102) 5,697us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet 5,556us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
Policy loans, at outstanding balance 1,452us-gaap_LoansInsurancePolicy 1,431us-gaap_LoansInsurancePolicy
Alternative Investments, Fair Value Disclosure 2,923us-gaap_AlternativeInvestmentsFairValueDisclosure 2,942us-gaap_AlternativeInvestmentsFairValueDisclosure
Other investments 630us-gaap_OtherInvestments 547us-gaap_OtherInvestments
Short-term investments (includes variable interest entity assets, at fair value, of $1 as of September 30, 2012) 3,651us-gaap_ShortTermInvestments 4,883us-gaap_ShortTermInvestments
Total investments 76,576us-gaap_Investments 76,278us-gaap_Investments
Cash 500us-gaap_Cash 399us-gaap_Cash
Premiums receivable and agents' balances, net 3,497us-gaap_PremiumsAndOtherReceivablesNet 3,429us-gaap_PremiumsAndOtherReceivablesNet
Reinsurance recoverables, net 22,737us-gaap_ReinsuranceRecoverables 22,920us-gaap_ReinsuranceRecoverables
Deferred policy acquisition costs and present value of future profits 1,764us-gaap_DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired 1,823us-gaap_DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired
Deferred Tax Assets, Net 2,636us-gaap_DeferredTaxAssetsLiabilitiesNet 2,897us-gaap_DeferredTaxAssetsLiabilitiesNet
Goodwill 498us-gaap_Goodwill 498us-gaap_Goodwill
Property and equipment, net 848us-gaap_PropertyPlantAndEquipmentNet 831us-gaap_PropertyPlantAndEquipmentNet
Other assets 2,101us-gaap_OtherAssets 1,236us-gaap_OtherAssets
Separate account assets 135,803us-gaap_SeparateAccountAssets 134,702us-gaap_SeparateAccountAssets
Total assets 246,960us-gaap_Assets 245,013us-gaap_Assets
Liabilities    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 41,523us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense 41,444us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
Other Policyholder Funds 32,101us-gaap_OtherPolicyholderFunds 32,532us-gaap_OtherPolicyholderFunds
Unearned premiums 5,383us-gaap_UnearnedPremiums 5,255us-gaap_UnearnedPremiums
Short-term Debt 167us-gaap_ShortTermBorrowings 456us-gaap_ShortTermBorrowings
Long-term Debt, Excluding Current Maturities 5,653us-gaap_LongTermDebtNoncurrent 5,653us-gaap_LongTermDebtNoncurrent
Other liabilities (includes variable interest entity liabilities) 7,253us-gaap_OtherLiabilities 6,251us-gaap_OtherLiabilities
Separate Accounts, Liability 135,803us-gaap_SeparateAccountsLiability [1] 134,702us-gaap_SeparateAccountsLiability
Total liabilities 227,883us-gaap_Liabilities 226,293us-gaap_Liabilities
Stockholders' Equity    
Common stock, $0.01 par value - 1,500,000,000 shares authorized 5us-gaap_CommonStockValue 5us-gaap_CommonStockValue
Additional paid-in capital 8,996us-gaap_AdditionalPaidInCapital 9,123us-gaap_AdditionalPaidInCapital
Retained earnings 11,583us-gaap_RetainedEarningsAccumulatedDeficit 11,191us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost (2,657)us-gaap_TreasuryStockValue (2,527)us-gaap_TreasuryStockValue
Accumulated other comprehensive income, net of tax 1,150us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 928us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders' equity 19,077us-gaap_StockholdersEquity 18,720us-gaap_StockholdersEquity
Total liabilities and stockholders' equity 246,960us-gaap_LiabilitiesAndStockholdersEquity 245,013us-gaap_LiabilitiesAndStockholdersEquity
Accumulated Other Comprehensive Income (Loss) [Member]    
Stockholders' Equity    
Accumulated other comprehensive income, net of tax $ 1,150us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ 928us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
[1] AV includes the contract holder’s investment in the separate account and the general account.