XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Investment Holding Level 3 (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Schedule of Investments [Abstract] |
Realized Gain (Loss) on Investments [Table Text Block] | Net Realized Capital Gains (Losses)
| Three Months Ended September 30, | Nine Months Ended September 30,
(Before tax) | 2016 | 2015 | 2016 | 2015
Gross gains on sales | $ | 114 |  | $ | 83 |  | $ | 328 |  | $ | 401 |
Gross losses on sales | (24 | ) | (73 | ) | (157 | ) | (333 | )
Net OTTI losses recognized in earnings | (14 | ) | (40 | ) | (44 | ) | (63 | )
Valuation allowances on mortgage loans | — |  | 1 |  | — |  | (2 | )
Periodic net coupon settlements on credit derivatives | 2 |  | 3 |  | 2 |  | 8 |
Results of variable annuity hedge program |  |  |  |  |
GMWB derivatives, net | 6 |  | (32 | ) | (8 | ) | (35 | )
Macro hedge program | (64 | ) | 51 |  | (98 | ) | 24 |
Total results of variable annuity hedge program | (58 | ) | 19 |  | (106 | ) | (11 | )
Other, net [1] | (37 | ) | (37 | ) | (142 | ) | (30 | )
Net realized capital gains (losses) | $ | (17 | ) | $ | (44 | ) | $ | (119 | ) | $ | (30 | )
[1] | Includes changes in the value of non-qualifying derivatives and transactional foreign currency revaluation gains (losses). For the three months ended September 30, 2016 and 2015, transactional foreign currency revaluation losses were $(19) and $(17), respectively, and related to yen denominated fixed payout annuity liabilities as well as the change in equity of the U.K. P&C runoff subsidiaries, currently held for sale, which were largely offset by gains of $18 and $8, respectively, on derivative instruments used to hedge the foreign currency exposure. For the nine months ended September 30, 2016 and 2015, the transactional foreign currency revaluation losses were $(150) and $(1), respectively, while there were also gains (losses) on the related hedging instruments of $135 and $(23), respectively. The three and nine months ended September 30, 2016 also include an estimated capital loss on sale of the Company's U.K. property and casualty run-off subsidiaries of $59, before tax. This excludes a related income tax benefit of $65 included within income tax expense on the Condensed Consolidated Statements of Operations, for an estimated after-tax net gain of $6 on the sale.
Net realized capital gains and losses from investment sales are reported as a component of revenues and are determined on a specific identification basis. Before tax, net gains (losses) on sales and impairments previously reported as unrealized gains (losses) in AOCI were $77 and $128, respectively, for the three and nine months ended September 30, 2016, and $(29) and $14 for the three and nine months ended September 30, 2015, respectively. Proceeds from sales of AFS securities totaled $4.3 billion and $13.3 billion, respectively, for the three and nine months ended September 30, 2016, and $4.5 billion and $16.3 billion for three and nine months ended September 30, 2015, respectively.
Gain (Loss) on Investments [Table Text Block] | The following table presents the Company's impairments by impairment type.
| Three Months Ended September 30, | Nine Months Ended September 30,
| 2016 | 2015 | 2016 | 2015
Credit impairments | $ | 13 |  | $ | 12 |  | $ | 36 |  | $ | 16 |
Intent-to-sell impairments | — |  | 21 |  | 3 |  | 38 |
Impairments on equity securities | 1 |  | 6 |  | 5 |  | 6 |
Other impairments | — |  | 1 |  | — |  | 3 |
Total impairments | $ | 14 |  | $ | 40 |  | $ | 44 |  | $ | 63 |
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block] | The following table presents a roll-forward of the Company’s cumulative credit impairments on fixed maturities held.
| Three Months Ended September 30, | Nine Months Ended September 30,
(Before tax) | 2016 | 2015 | 2016 | 2015
Balance as of beginning of period | $ | (293 | ) | $ | (388 | ) | $ | (324 | ) | $ | (424 | )
Additions for credit impairments recognized on [1]: |  |  |  |
Securities not previously impaired | (4 | ) | — |  | (25 | ) | (3 | )
Securities previously impaired | (9 | ) | (12 | ) | (11 | ) | (13 | )
Reductions for credit impairments previously recognized on: |  |  |  |
Securities that matured or were sold during the period | 14 |  | 51 |  | 50 |  | 61 |
Securities the Company made the decision to sell or more likely than not will be required to sell | — |  | — |  | — |  | 2 |
Securities due to an increase in expected cash flows | 5 |  | 12 |  | 23 |  | 40 |
Balance as of end of period | $ | (287 | ) | $ | (337 | ) | $ | (287 | ) | $ | (337 | )
[1] | These additions are included in the net OTTI losses recognized in earnings in the Condensed Consolidated Statements of Operations.
Schedule of Available-for-sale Securities Reconciliation [Table Text Block] | Available-for-Sale Securities The following table presents the Company’s AFS securities by type.
| September 30, 2016 | December 31, 2015
| Cost or Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | Non-Credit OTTI [1] | Cost or Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | Non-Credit OTTI [1]
ABS | $ | 2,683 |  | $ | 35 |  | $ | (33 | ) | $ | 2,685 |  | $ | — |  | $ | 2,520 |  | $ | 24 |  | $ | (45 | ) | $ | 2,499 |  | $ | — |
CDOs [2] | 2,514 |  | 67 |  | (9 | ) | 2,573 |  | — |  | 2,989 |  | 75 |  | (23 | ) | 3,038 |  | — |
CMBS | 5,066 |  | 226 |  | (24 | ) | 5,268 |  | (7 | ) | 4,668 |  | 105 |  | (56 | ) | 4,717 |  | (8 | )
Corporate | 24,615 |  | 2,370 |  | (81 | ) | 26,904 |  | — |  | 25,876 |  | 1,342 |  | (416 | ) | 26,802 |  | (3 | )
Foreign govt./govt. agencies | 1,106 |  | 83 |  | (3 | ) | 1,186 |  | — |  | 1,321 |  | 34 |  | (47 | ) | 1,308 |  | — |
Municipal | 11,345 |  | 1,254 |  | (5 | ) | 12,594 |  | — |  | 11,124 |  | 1,008 |  | (11 | ) | 12,121 |  | — |
RMBS | 4,815 |  | 131 |  | (10 | ) | 4,936 |  | — |  | 3,986 |  | 82 |  | (22 | ) | 4,046 |  | — |
U.S. Treasuries | 3,598 |  | 484 |  | (3 | ) | 4,079 |  | — |  | 4,481 |  | 222 |  | (38 | ) | 4,665 |  | — |
Total fixed maturities, AFS | $ | 55,742 |  | $ | 4,650 |  | $ | (168 | ) | $ | 60,225 |  | $ | (7 | ) | $ | 56,965 |  | $ | 2,892 |  | $ | (658 | ) | $ | 59,196 |  | $ | (11 | )
Equity securities, AFS [3] | 812 |  | 80 |  | (17 | ) | 875 |  | — |  | 842 |  | 38 |  | (41 | ) | 839 |  | — |
Total AFS securities | $ | 56,554 |  | $ | 4,730 |  | $ | (185 | ) | $ | 61,100 |  | $ | (7 | ) | $ | 57,807 |  | $ | 2,930 |  | $ | (699 | ) | $ | 60,035 |  | $ | (11 | )
[1] | Represents the amount of cumulative non-credit OTTI losses recognized in OCI on securities that also had credit impairments. These losses are included in gross unrealized losses as of September 30, 2016, and December 31, 2015.
[2] | Gross unrealized gains (losses) exclude the fair value of bifurcated embedded derivatives within certain securities. Subsequent changes in value are recorded in net realized capital gains (losses).
[3] | Excluded equity securities, FVO, with a cost and fair value of $293 and $282 as of December 31, 2015. The Company held no equity securities, FVO as of September 30, 2016.
Investments Classified by Contractual Maturity Date [Table Text Block] | The following table presents the Company’s fixed maturities, AFS, by contractual maturity year.
| September 30, 2016 | December 31, 2015
Contractual Maturity | Amortized Cost | Fair Value | Amortized Cost | Fair Value
One year or less | $ | 1,832 |  | $ | 1,848 |  | $ | 2,373 |  | $ | 2,405 |
Over one year through five years | 9,623 |  | 10,052 |  | 10,929 |  | 11,200 |
Over five years through ten years | 9,082 |  | 9,671 |  | 9,322 |  | 9,497 |
Over ten years | 20,127 |  | 23,192 |  | 20,178 |  | 21,794 |
Subtotal | 40,664 |  | 44,763 |  | 42,802 |  | 44,896 |
Mortgage-backed and asset-backed securities | 15,078 |  | 15,462 |  | 14,163 |  | 14,300 |
Total fixed maturities, AFS | $ | 55,742 |  | $ | 60,225 |  | $ | 56,965 |  | $ | 59,196 |
Estimated maturities may differ from contractual maturities due to security call or prepayment provisions. Due to the potential for variability in payment speeds (i.e. prepayments or extensions), mortgage-backed and asset-backed securities are not categorized by contractual maturity.
Schedule of Unrealized Loss on Investments [Table Text Block] | Unrealized Losses on AFS Securities The following tables present the Company’s unrealized loss aging for AFS securities by type and length of time the security was in a continuous unrealized loss position.
| September 30, 2016
| Less Than 12 Months | 12 Months or More | Total
| Amortized Cost | Fair Value | Unrealized Losses | Amortized Cost | Fair Value | Unrealized Losses | Amortized Cost | Fair Value | Unrealized Losses
ABS | $ | 321 |  | $ | 320 |  | $ | (1 | ) | $ | 364 |  | $ | 332 |  | $ | (32 | ) | $ | 685 |  | $ | 652 |  | $ | (33 | )
CDOs [1] | 665 |  | 664 |  | (2 | ) | 1,028 |  | 1,021 |  | (7 | ) | 1,693 |  | 1,685 |  | (9 | )
CMBS | 548 |  | 540 |  | (8 | ) | 259 |  | 243 |  | (16 | ) | 807 |  | 783 |  | (24 | )
Corporate | 1,759 |  | 1,725 |  | (34 | ) | 812 |  | 765 |  | (47 | ) | 2,571 |  | 2,490 |  | (81 | )
Foreign govt./govt. agencies | 105 |  | 104 |  | (1 | ) | 27 |  | 25 |  | (2 | ) | 132 |  | 129 |  | (3 | )
Municipal | 334 |  | 331 |  | (3 | ) | 47 |  | 45 |  | (2 | ) | 381 |  | 376 |  | (5 | )
RMBS | 278 |  | 278 |  | — |  | 707 |  | 697 |  | (10 | ) | 985 |  | 975 |  | (10 | )
U.S. Treasuries | 347 |  | 344 |  | (3 | ) | — |  | — |  | — |  | 347 |  | 344 |  | (3 | )
Total fixed maturities, AFS | $ | 4,357 |  | $ | 4,306 |  | $ | (52 | ) | $ | 3,244 |  | $ | 3,128 |  | $ | (116 | ) | $ | 7,601 |  | $ | 7,434 |  | $ | (168 | )
Equity securities, AFS [2] | 171 |  | 160 |  | (11 | ) | 68 |  | 62 |  | (6 | ) | 239 |  | 222 |  | (17 | )
Total securities in an unrealized loss position | $ | 4,528 |  | $ | 4,466 |  | $ | (63 | ) | $ | 3,312 |  | $ | 3,190 |  | $ | (122 | ) | $ | 7,840 |  | $ | 7,656 |  | $ | (185 | )
| December 31, 2015
| Less Than 12 Months | 12 Months or More | Total
| Amortized Cost | Fair Value | Unrealized Losses | Amortized Cost | Fair Value | Unrealized Losses | Amortized Cost | Fair Value | Unrealized Losses
ABS | $ | 1,619 |  | $ | 1,609 |  | $ | (10 | ) | $ | 357 |  | $ | 322 |  | $ | (35 | ) | $ | 1,976 |  | $ | 1,931 |  | $ | (45 | )
CDOs [1] | 1,164 |  | 1,154 |  | (10 | ) | 1,243 |  | 1,227 |  | (13 | ) | 2,407 |  | 2,381 |  | (23 | )
CMBS | 1,726 |  | 1,681 |  | (45 | ) | 189 |  | 178 |  | (11 | ) | 1,915 |  | 1,859 |  | (56 | )
Corporate | 9,206 |  | 8,866 |  | (340 | ) | 656 |  | 580 |  | (76 | ) | 9,862 |  | 9,446 |  | (416 | )
Foreign govt./govt. agencies | 679 |  | 646 |  | (33 | ) | 124 |  | 110 |  | (14 | ) | 803 |  | 756 |  | (47 | )
Municipal | 440 |  | 430 |  | (10 | ) | 18 |  | 17 |  | (1 | ) | 458 |  | 447 |  | (11 | )
RMBS | 1,349 |  | 1,340 |  | (9 | ) | 415 |  | 402 |  | (13 | ) | 1,764 |  | 1,742 |  | (22 | )
U.S. Treasuries | 2,432 |  | 2,394 |  | (38 | ) | 8 |  | 8 |  | — |  | 2,440 |  | 2,402 |  | (38 | )
Total fixed maturities, AFS | $ | 18,615 |  | $ | 18,120 |  | $ | (495 | ) | $ | 3,010 |  | $ | 2,844 |  | $ | (163 | ) | $ | 21,625 |  | $ | 20,964 |  | $ | (658 | )
Equity securities, AFS [2] | 480 |  | 449 |  | (31 | ) | 62 |  | 52 |  | (10 | ) | 542 |  | 501 |  | (41 | )
Total securities in an unrealized loss position | $ | 19,095 |  | $ | 18,569 |  | $ | (526 | ) | $ | 3,072 |  | $ | 2,896 |  | $ | (173 | ) | $ | 22,167 |  | $ | 21,465 |  | $ | (699 | )
[1] | Unrealized losses exclude the change in fair value of bifurcated embedded derivatives within certain securities, for which changes in fair value are recorded in net realized capital gains (losses).
[2] | As of September 30, 2016, and December 31, 2015, excludes equity securities, FVO which are included in equity securities, AFS on the Condensed Consolidated Balance Sheets.
As of September 30, 2016, AFS securities in an unrealized loss position consisted of 3,022 securities, primarily in the corporate sector, which were depressed primarily due to widening of credit spreads since the securities were purchased. As of September 30, 2016, 92% of these securities were depressed less than 20% of cost or amortized cost. The decrease in unrealized losses during 2016 was primarily attributable to a decline in interest rates and tighter credit spreads.
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | Mortgage Loans Mortgage Loan Valuation Allowances The Company’s security monitoring process reviews mortgage loans on a quarterly basis to identify potential credit losses. Commercial mortgage loans are considered to be impaired when management estimates that, based upon current information and events, it is probable that the Company will be unable to collect amounts due according to the contractual terms of the loan agreement. Criteria used to determine if an impairment exists include, but are not limited to: current and projected macroeconomic factors, such as unemployment rates, and property-specific factors such as rental rates, occupancy levels, LTV ratios and debt service coverage ratios (“DSCR”). In addition, the Company considers historic, current and projected delinquency rates and property values. These assumptions require the use of significant management judgment and include the probability and timing of borrower default and loss severity estimates. In addition, projections of expected future cash flows may change based upon new information regarding the performance of the borrower and/or underlying collateral such as changes in the projections of the underlying property value estimates. For mortgage loans that are deemed impaired, a valuation allowance is established for the difference between the carrying amount and the Company’s share of either (a) the present value of the expected future cash flows discounted at the loan’s effective interest rate, (b) the loan’s observable market price or, most frequently, (c) the fair value of the collateral. A valuation allowance has been established for either individual loans or as a projected loss contingency for loans with an LTV ratio of 90% or greater and after consideration of other credit quality factors, including DSCR. Changes in valuation allowances are recorded in net realized capital gains and losses. Interest income on impaired loans is accrued to the extent it is deemed collectible and the loans continue to perform under the original or restructured terms. Interest income ceases to accrue for loans when it is probable that the Company will not receive interest and principal payments according to the contractual terms of the loan agreement. Loans may resume accrual status when it is determined that sufficient collateral exists to satisfy the full amount of the loan and interest payments as well as when it is probable cash will be received in the foreseeable future. Interest income on defaulted loans is recognized when received.
| September 30, 2016 | December 31, 2015
| Amortized Cost [1] | Valuation Allowance | Carrying Value | Amortized Cost [1] | Valuation Allowance | Carrying Value
Total commercial mortgage loans | $ | 5,630 |  | $ | (19 | ) | $ | 5,611 |  | $ | 5,647 |  | $ | (23 | ) | $ | 5,624 |
[1] | Amortized cost represents carrying value prior to valuation allowances, if any.
As of September 30, 2016, and December 31, 2015, the carrying value of mortgage loans associated with the valuation allowance was $31 and $82, respectively. There were no mortgage loans held-for-sale as of September 30, 2016, and December 31, 2015. As of September 30, 2016, loans within the Company’s mortgage loan portfolio that have had extensions or restructurings other than what is allowable under the original terms of the contract are immaterial. The following tables present the carrying value of the Company’s mortgage loans by region and property type.
Mortgage Loans by Region
| September 30, 2016 | December 31, 2015
| Carrying Value | Percent of Total | Carrying Value | Percent of Total
East North Central | $ | 294 |  | 5.2 | % | $ | 289 |  | 5.1 | %
East South Central | 14 |  | 0.3 | % | 14 |  | 0.2 | %
Middle Atlantic | 418 |  | 7.4 | % | 384 |  | 6.8 | %
Mountain | 35 |  | 0.6 | % | 32 |  | 0.6 | %
New England | 400 |  | 7.1 | % | 446 |  | 7.9 | %
Pacific | 1,635 |  | 29.2 | % | 1,669 |  | 29.7 | %
South Atlantic | 1,193 |  | 21.3 | % | 1,174 |  | 20.9 | %
West North Central | 29 |  | 0.5 | % | 29 |  | 0.5 | %
West South Central | 338 |  | 6.0 | % | 318 |  | 5.7 | %
Other [1] | 1,255 |  | 22.4 | % | 1,269 |  | 22.6 | %
Total mortgage loans | $ | 5,611 |  | 100.0 | % | $ | 5,624 |  | 100.0 | %
[1] | Primarily represents loans collateralized by multiple properties in various regions.
The weighted-average LTV ratio of the Company’s commercial mortgage loan portfolio was 53% as of September 30, 2016, while the weighted-average LTV ratio at origination of these loans was 62%. LTV ratios compare the loan amount to the value of the underlying property collateralizing the loan. The loan values are updated no less than annually through property level reviews of the portfolio. Factors considered in the property valuation include, but are not limited to, actual and expected property cash flows, geographic market data and capitalization rates. DSCR compares a property’s net operating income to the borrower’s principal and interest payments. As of September 30, 2016, the Company held one delinquent commercial mortgage loan past due by 90 days or more. The loan had a total carrying value and valuation allowance of $15 and $16, respectively, and was not accruing income. As of December 31, 2015, the Company held two delinquent commercial mortgage loans, past due by 90 days or more. The loans had a total carrying value and valuation allowance of $17 and $20, respectively, and were not accruing income. The following table presents the carrying value of the Company’s commercial mortgage loans by LTV and DSCR.
Commercial Mortgage Loans Credit Quality |  |  |  |
| September 30, 2016 | December 31, 2015
Loan-to-value | Carrying Value | Avg. Debt-Service Coverage Ratio | Carrying Value | Avg. Debt-Service Coverage Ratio
Greater than 80% | $ | 15 |  | 0.45x | $ | 24 |  | 0.81x
65% - 80% | 640 |  | 2.06x | 623 |  | 1.82x
Less than 65% | 4,956 |  | 2.79x | 4,977 |  | 2.75x
Total commercial mortgage loans | $ | 5,611 |  | 2.68x | $ | 5,624 |  | 2.63x
The following table presents the activity within the Company’s valuation allowance for mortgage loans. These loans have been evaluated both individually and collectively for impairment. Loans evaluated collectively for impairment are immaterial.
| 2016 | 2015
Balance, as of January 1 | $ | (23 | ) | $ | (18 | )
(Additions)/Reversals | — |  | (4 | )
Deductions | 4 |  | 2 |
Balance, as of September 30 | $ | (19 | ) | $ | (20 | )
Mortgage Loans by Property Type
| September 30, 2016 | December 31, 2015
| Carrying Value | Percent of Total | Carrying Value | Percent of Total
Commercial |  |  |  |
Agricultural | $ | 16 |  | 0.3 | % | $ | 26 |  | 0.5 | %
Industrial | 1,444 |  | 25.7 | % | 1,422 |  | 25.3 | %
Lodging | 25 |  | 0.4 | % | 26 |  | 0.5 | %
Multifamily | 1,386 |  | 24.7 | % | 1,345 |  | 23.9 | %
Office | 1,451 |  | 25.9 | % | 1,547 |  | 27.5 | %
Retail | 1,050 |  | 18.7 | % | 1,109 |  | 19.7 | %
Other | 239 |  | 4.3 | % | 149 |  | 2.6 | %
Total mortgage loans | $ | 5,611 |  | 100.0 | % | $ | 5,624 |  | 100.0 | %
Consolidation, Variable Interest Entity, Policy [Policy Text Block] | Variable Interest Entities The Company is involved with various special purpose entities and other entities that are deemed to be VIEs primarily as a collateral or investment manager and as an investor through normal investment activities as well as a means of accessing capital through a contingent capital facility. A VIE is an entity that either has investors that lack certain essential characteristics of a controlling financial interest, such as simple majority kick-out rights, or lacks sufficient funds to finance its own activities without financial support provided by other entities. The Company performs ongoing qualitative assessments of its VIEs to determine whether the Company has a controlling financial interest in the VIE and therefore is the primary beneficiary. The Company is deemed to have a controlling financial interest when it has both the ability to direct the activities that most significantly impact the economic performance of the VIE and the obligation to absorb losses or right to receive benefits from the VIE that could potentially be significant to the VIE. Based on the Company’s assessment, if it determines it is the primary beneficiary, the Company consolidates the VIE in the Company’s Condensed Consolidated Financial Statements.
Schedule of Variable Interest Entities [Table Text Block] | Consolidated VIEs The following table presents the carrying value of assets and liabilities, and the maximum exposure to loss relating to the VIEs for which the Company is the primary beneficiary. Creditors have no recourse against the Company in the event of default by these VIEs nor does the Company have any implied or unfunded commitments to these VIEs. The Company’s financial or other support provided to these VIEs is limited to its collateral or investment management services and original investment.
| September 30, 2016 | December 31, 2015
| Total Assets | Total Liabilities [1] | Maximum Exposure to Loss [2] | Total Assets | Total Liabilities [1] | Maximum Exposure to Loss [2]
CDO [3] | $ | 5 |  | $ | 5 |  | $ | — |  | $ | 5 |  | $ | 5 |  | $ | — |
Investment funds [4] | — |  | — |  | — |  | 159 |  | 7 |  | 151 |
Limited partnerships and other alternative investments [5] | — |  | — |  | — |  | 2 |  | — |  | 2 |
Total | $ | 5 |  | $ | 5 |  | $ | — |  | $ | 166 |  | $ | 12 |  | $ | 153 |
[1] | Included in other liabilities on the Company’s Condensed Consolidated Balance Sheets.
[2] | The maximum exposure to loss represents the maximum loss amount that the Company could recognize as a reduction in net investment income or as a realized capital loss and is the cost basis of the Company’s investment.
[3] | Total assets included in cash on the Company’s Condensed Consolidated Balance Sheets.
[4] | Total assets included in fixed maturities, FVO, short-term investments, equity, AFS, and cash on the Company’s Condensed Consolidated Balance Sheets.
[5] | Total assets included in limited partnerships and other alternative investments on the Company’s Condensed Consolidated Balance Sheets.
Effective January 1, 2016, the Company adopted new consolidation guidance and determined that three investment funds, that were previously identified as consolidated VIEs and for which the Company has management and control of the investments, are voting interest entities under the new consolidation guidance. The Company still owns a majority interest in one investment fund that is still consolidated on the Company's Condensed Consolidated Financial Statements; however, as of September 30, 2016, this fund is not included as VIE in the table above. The remaining two investment funds previously identified as consolidated VIEs were disposed of during the first six months of the year. CDO represents a structured investment vehicle for which the Company has a controlling financial interest as it provides collateral management services, earns a fee for those services and also holds investments in the security issued by this vehicle. For further information on the adoption, see Note 1 - Basis of Presentation and Significant Accounting Policies of Notes to Condensed Consolidated Financial Statements.

X
- Definition Disclosure of accounting policy for consolidation to describe the significant judgments and assumptions made in determining whether a variable interest held by the entity requires the variable interest entity to be consolidated and (or) disclose information about its involvement with the variable interest entity; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; and the significant factors considered and judgments made in determining that the power to direct the activities that significantly impact the economic performance of the variable interest entity are shared (as defined). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=52262685&loc=SL6759159-111685 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=52262685&loc=d3e5728-111685 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 2AA -Subparagraph a -URI http://asc.fasb.org/extlink&oid=52262685&loc=SL6759068-111685 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 2A -URI http://asc.fasb.org/extlink&oid=52262685&loc=SL6225816-111685 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790 + Details
Name: | us-gaap_ConsolidationVariableInterestEntityPolicy
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (c)-(e) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51813488&loc=d3e22054-111558 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.M) -URI http://asc.fasb.org/extlink&oid=27011274&loc=d3e87990-122713 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section M + Details
Name: | us-gaap_GainLossOnInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27340-111563 + Details
Name: | us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized gains and losses on investments reported in the statement of income. + References No definition available. + Details
Name: | us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ScheduleOfInvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=52262685&loc=d3e5747-111685 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=52262685&loc=SL6228884-111685 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=52262685&loc=d3e5728-111685 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Variable Interest Entity -URI http://asc.fasb.org/extlink&oid=6528138 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=52262685&loc=SL6759159-111685 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=52262685&loc=d3e5710-111685 + Details
Name: | us-gaap_ScheduleOfVariableInterestEntitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration