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Consolidated Statements of Operations Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Premiums Earned, Net $ 13,811 $ 13,577 $ 13,336
Fee income 1,710 1,839 1,996
Net Investment Income 2,961 3,030 3,154
Net realized capital gains (losses):      
Total other-than-temporary impairment (“OTTI”) losses (64) (108) (64)
OTTI losses recognized in other comprehensive income (“OCI”) 8 6 5
Net OTTI losses recognized in earnings 56 102 59
Gain (Loss) on Investments, Excluding Other than Temporary Impairments (212) (54) 75
Realized Investment Gains (Losses) (268) (156) 16
Other revenues 86 87 112
Revenues 18,300 18,377 18,614
Benefits, losses and expenses      
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization 1,523 1,502 1,729
Operating Expenses 3,633 3,772 4,028
Loss on extinguishment of debt 0 21 0
Gain (Loss) on Disposition of Business 650    
Interest expense 339 357 376
Benefits, Losses and Expenses 17,496 16,399 16,915
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 804 1,978 1,699
Income Tax Expense (Benefit) (92) 305 350
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 896 1,673 1,349
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 0 9 (551)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 896 $ 1,682 $ 798
Net income (loss) available to common shareholders per common share      
Income (Loss) from Continuing Operations, Per Basic Share $ 2.31 $ 4.03 $ 3.05
Income (Loss) from Continuing Operations, Per Diluted Share 2.27 3.93 2.93
Earnings Per Share, Basic 2.31 4.05 1.81
Earnings Per Share, Diluted 2.27 3.96 1.73
Cash dividends declared per common share $ 0.86 $ 0.78 $ 0.66
Reinsurance gain (loss) on Dispositions [Domain]      
Benefits, losses and expenses      
Gain (Loss) on Disposition of Business   $ (28) $ (23)