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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Earned premiums $ 3,442 $ 3,519
Fee income 1,134 1,209
Net investment income:    
Securities available-for-sale and other 1,070 1,108
Equity securities, trading 2,866 803
Total net investment income 3,936 1,911
Net realized capital gains (losses):    
Total other-than-temporary impairment ("OTTI") losses (36) (119)
OTTI losses recognized in other comprehensive income ("OCI") 7 64
Net OTTI losses recognized in earnings (29) (55)
Net realized capital losses, excluding net OTTI losses recognized in earnings (881) (348)
Total net realized capital losses (910) (403)
Other revenues 59 64
Total revenues 7,661 6,300
Benefits, losses and expenses    
Benefits, losses and loss adjustment expenses 3,038 3,178
Benefits, losses and loss adjustment expenses - returns credited on international variable annuities 2,864 803
Amortization of deferred policy acquisition costs and present value of future profits 321 450
Insurance operating costs and other expenses 1,312 1,354
Interest expense 124 128
Total benefits, losses and expenses 7,659 5,913
Income from continuing operations before income taxes 2 387
Income tax expense (benefit) (95) 48
Income from continuing operations, net of tax 97 339
Income (loss) from discontinued operations, net of tax (1) 162
Net income 96 501
Preferred stock dividends 10 10
Net income available to common shareholders $ 86 $ 491
Income from continuing operations, net of tax, available to common shareholders per common share    
Basic $ 0.20 $ 0.74
Diluted $ 0.19 $ 0.67
Net income available to common shareholders per common share    
Basic $ 0.20 $ 1.10
Diluted $ 0.18 $ 0.99
Cash dividends declared per common share $ 0.10 $ 0.10