XML 61 R48.htm IDEA: XBRL DOCUMENT v3.5.0.2
Investments and Derivative Instruments Level 4 Non-qualifying Strategies for Hedge Accounting (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Non-qualifying Strategies for Hedge Accounting [Line Items]          
Derivative, Notional Amount $ 59,225   $ 59,225   $ 62,185
Derivative, Fair Value, Net (984)   (984)   (926)
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net (17) $ (27) (48) $ (30)  
Derivative Liability, Fair Value, Amount Not Offset Against Collateral 1,400   1,400   1,100
Gain (Loss) on Fair Value Hedges Recognized in Earnings 1 2 1 2  
Interest Rate Swap [Member]          
Non-qualifying Strategies for Hedge Accounting [Line Items]          
Derivative, Notional Amount 12,400   12,400   12,900
UNITED STATES | GMWB Hedging Instruments [Member]          
Non-qualifying Strategies for Hedge Accounting [Line Items]          
Derivative, Notional Amount 10,532   10,532   10,979
Derivative, Fair Value, Net 203   203   158
JAPAN | Three Win Related Foreign Currency Swaps [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Change in Unrealized Gain (Loss) on Hedged Item in Foreign Currency Fair Value Hedge     (108)    
GMWB Derivatives, Net [Member] | UNITED STATES          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 3 (4) (14) (3)  
Macro Hedge Program [Member] | UNITED STATES          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net (20) (23) (34) (27)  
Not Designated as Hedging Instrument [Member]          
Non-qualifying Strategies for Hedge Accounting [Line Items]          
Derivative, Notional Amount 55,626   55,626   58,492
Derivative, Fair Value, Net (1,080)   (1,080)   (924)
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 42 [1] (11) [1] 13 (46)  
Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 4 7 (20) (5)  
Not Designated as Hedging Instrument [Member] | Coinsurance and Modified Coinsurance Reinsurance Contracts [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net (25) 37 (47) 26  
Not Designated as Hedging Instrument [Member] | Put Option [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net (1) (2) (3) (3)  
Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 22 1 25 8  
Not Designated as Hedging Instrument [Member] | Credit Default Swap, Buying Protection [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net (2) 0 (7) (2)  
Not Designated as Hedging Instrument [Member] | Credit Default Swap, Selling Protection [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 6 (11) 4 (2)  
Not Designated as Hedging Instrument [Member] | Commodity Option [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 0 (5) 0 (10)  
Not Designated as Hedging Instrument [Member] | Equity Contract [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net (5) 6 13 3  
Not Designated as Hedging Instrument [Member] | UNITED KINGDOM          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 79 (17) 121 (31)  
Not Designated as Hedging Instrument [Member] | UNITED KINGDOM | Foreign Exchange Contract [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 0        
Not Designated as Hedging Instrument [Member] | UNITED STATES | GMWB Hedging Instruments [Member]          
Non-qualifying Strategies for Hedge Accounting [Line Items]          
Derivative, Notional Amount 10,532   10,532   10,979
Derivative, Fair Value, Net 203   203   158
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 32 (66) 82 (53)  
Not Designated as Hedging Instrument [Member] | UNITED STATES | GMWB Product Derivatives [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net (30) 78 (109) 59  
Not Designated as Hedging Instrument [Member] | UNITED STATES | GMWB Reinsurance [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net 1 (16) 13 (9)  
Not Designated as Hedging Instrument [Member] | UNITED STATES | Macro Hedge Program [Member]          
Non-qualifying Strategies for Hedge Accounting [Line Items]          
Derivative, Notional Amount 4,699   4,699   4,548
Derivative, Fair Value, Net 147   147   147
Not Designated as Hedging Instrument [Member] | JAPAN | Three Win Related Foreign Currency Swaps [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net [2] 60 (17)      
Not Designated as Hedging Instrument [Member] | JAPAN | Fixed Annuity Hedging Instruments [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Derivative, Gain (Loss) on Derivative, Net [2]     $ 96 $ (31)  
Fair Value Hedging [Member] | JAPAN | Three Win Related Foreign Currency Swaps [Member]          
Derivative Non-Qualifying Strategy Gain (Loss) Recognized within Net Realized Capital Gains (Losses) [Abstract]          
Change in Unrealized Gain (Loss) on Hedged Item in Foreign Currency Fair Value Hedge $ (64) $ 16     $ 16
[1] Not included in this amount is the associated liability adjustment for changes in foreign exchange spot rates through realized capital gains (losses) of $(64) and $16 for the three months ended June 30, 2016 and 2015, respectively, and $(108) and $16 for the six months ended June 30, 2016 and 2015, respectively.
[2] Not included in this amount is the associated transactional foreign currency revaluation related to changes in equity of a P&C runoff entity in the United Kingdom adjusted through realized capital gains (losses) of $(23) for the three and six months ended June 30, 2016.