Prudential Financial (PRU) 10-Q 4 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares shares in Millions	9 Months Ended
	Sep. 30, 2016	Oct. 31, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Trading Symbol	PRU
Entity Registrant Name	PRUDENTIAL FINANCIAL INC
Entity Central Index Key	1,137,774
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		430

Unaudited Interim Consolidated

Unaudited Interim Consolidated Statements of Financial Position - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
ASSETS
Fixed maturities, available-for-sale, at fair value (amortized cost: 2016-$297,745; 2015-$265,416)	[1]	$ 343,244	$ 290,323
Fixed maturities, held-to-maturity, at amortized cost (fair value: 2016-$2,956; 2015-$2,624)	[1]	2,471	2,308
Trading account assets supporting insurance liabilities, at fair value	[1]	21,828	20,522
Other trading account assets, at fair value	[1]	7,559	14,458
Equity securities, available-for-sale, at fair value (cost: 2016-$7,197; 2015-$6,847)		9,765	9,274
Commercial mortgage and other loans (includes $572 and $274 measured at fair value under the fair value option at September 30, 2016 and December 31, 2015, respectively)	[1]	52,273	50,559
Policy loans		12,031	11,657
Other long-term investments (includes $1,500 and $1,322 measured at fair value under the fair value option at September 30, 2016 and December 31, 2015, respectively)	[1]	11,346	9,986
Short-term investments		5,254	8,105
Total investments		465,771	417,192
Cash and cash equivalents	[1]	24,728	17,612
Accrued investment income	[1]	3,279	3,110
Deferred policy acquisition costs		16,975	16,718
Value of business acquired		2,159	2,828
Other assets	[1],[2]	15,403	14,225
Separate account assets		291,550	285,570
TOTAL ASSETS		819,865	757,255
LIABILITIES
Future policy benefits		252,228	224,384
Policyholders’ account balances	[1]	146,577	136,784
Policyholders’ dividends		7,482	5,578
Securities sold under agreements to repurchase		6,830	7,882
Cash collateral for loaned securities		5,037	3,496
Income taxes		15,326	8,714
Short-term debt		907	1,216
Long-term debt	[2]	18,758	19,594
Other liabilities	[1]	15,474	13,517
Notes issued by consolidated variable interest entities (includes $2,722 and $8,597 measured at fair value under the fair value option at September 30, 2016 and December 31, 2015, respectively)	[1]	2,722	8,597
Separate account liabilities		291,550	285,570
Total liabilities		762,891	715,332
COMMITMENTS AND CONTINGENT LIABILITIES
EQUITY
Preferred Stock ($.01 par value; 10,000,000 shares authorized; none issued)		0	0
Common Stock ($.01 par value; 1,500,000,000 shares authorized; 660,111,339 shares issued at both September 30, 2016 and December 31, 2015)		6	6
Additional paid-in capital		24,520	24,482
Common Stock held in treasury, at cost (228,406,976 and 213,009,970 shares at September 30, 2016 and December 31, 2015, respectively)		(14,989)	(13,814)
Accumulated other comprehensive income (loss)		24,925	12,285
Retained earnings		21,969	18,931
Total Prudential Financial, Inc. equity		56,431	41,890
Noncontrolling interests		543	33
Total equity		56,974	41,923
TOTAL LIABILITIES AND EQUITY		$ 819,865	$ 757,255
[1]	See Note 5 for details of balances associated with variable interest entities.
[2]	Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-03. See Note 2 for additional information.

Unaudited Interim Consolidated3

Unaudited Interim Consolidated Statements of Financial Position (Parenthetical) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Fixed maturities, available-for-sale, amortized cost		$ 297,745	$ 265,416
Fixed maturities, held-to-maturity, fair value		2,956	2,624
Equity securities, available-for-sale, at fair value		7,197	6,847
Total commercial mortgage and other loans	[1]	52,273	50,559
Other long-term investments	[1]	11,346	9,986
Total liabilities of consolidated VIEs	[1]	$ 2,722	$ 8,597
Preferred Stock, par value (in dollars per share)		$ 0.01	$ 0.01
Preferred Stock, Shares Authorized		10,000,000	10,000,000
Preferred Stock, Shares Issued		0	0
Common Stock, par value (in dollars per share)		$ 0.01	$ 0.01
Common Stock, shares authorized		1,500,000,000	1,500,000,000
Common Stock, shares issued		660,111,339	660,111,339
Treasury Stock, Shares		228,406,976	213,009,970
Fair Value Option
Total commercial mortgage and other loans		$ 572	$ 274
Other long-term investments		1,500	1,322
Total liabilities of consolidated VIEs		$ 2,722	$ 8,597
[1]	See Note 5 for details of balances associated with variable interest entities.

Unaudited Interim Consolidated4

Unaudited Interim Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
REVENUES
Premiums	$ 9,635	$ 5,985	$ 22,867	$ 20,214
Policy charges and fee income	1,540	1,624	4,415	4,482
Net investment income	4,073	3,741	11,532	11,181
Asset management and service fees	955	946	2,780	2,854
Other income	(55)	(397)	8	(58)
Realized investment gains (losses), net:
Other-than-temporary impairments on fixed maturity securities	(29)	(81)	(204)	(149)
Other-than-temporary impairments on fixed maturity securities transferred to Other comprehensive income	0	8	38	39
Other realized investment gains (losses), net	842	1,773	4,293	4,300
Total realized investment gains (losses), net	813	1,700	4,127	4,190
Total revenues	16,961	13,599	45,729	42,863
BENEFITS AND EXPENSES
Policyholders’ benefits	10,155	6,648	25,175	21,739
Interest credited to policyholders’ account balances	824	840	3,168	2,749
Dividends to policyholders	569	367	1,433	1,585
Amortization of deferred policy acquisition costs	115	922	1,744	1,846
General and administrative expenses	2,983	2,773	8,821	8,018
Total benefits and expenses	14,646	11,550	40,341	35,937
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF OPERATING JOINT VENTURES	2,315	2,049	5,388	6,926
Total income tax expense (benefit)	501	584	1,300	1,962
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE EQUITY IN EARNINGS OF OPERATING JOINT VENTURES	1,814	1,465	4,088	4,964
Equity in earnings of operating joint ventures, net of taxes	18	2	38	8
INCOME (LOSS) FROM CONTINUING OPERATIONS	1,832	1,467	4,126	4,972
Income (loss) from discontinued operations, net of taxes	0	0	0	0
NET INCOME (LOSS)	1,832	1,467	4,126	4,972
Less: Income (loss) attributable to noncontrolling interests	5	2	42	65
NET INCOME (LOSS) ATTRIBUTABLE TO PRUDENTIAL FINANCIAL, INC.	$ 1,827	$ 1,465	$ 4,084	$ 4,907
Basic earnings per share-Common Stock:
Income (loss) from continuing operations attributable to Prudential Financial, Inc. (in dollars per share)	$ 4.14	$ 3.22	$ 9.16	$ 10.74
Income (loss) from discontinued operations, net of taxes (in dollars per share)	0	0	0	0
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share)	4.14	3.22	9.16	10.74
Diluted earnings per share-Common Stock:
Income (loss) from continuing operations attributable to Prudential Financial, Inc. (in dollars per share)	4.07	3.16	9.02	10.56
Income (loss) from discontinued operations, net of taxes (in dollars per share)	0	0	0	0
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share)	4.07	3.16	9.02	10.56
Dividends declared per share of Common Stock (in dollars per share)	$ 0.70	$ 0.58	$ 2.10	$ 1.74

Unaudited Interim Consolidated5

Unaudited Interim Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
NET INCOME (LOSS)	$ 1,832	$ 1,467	$ 4,126	$ 4,972
Other comprehensive income (loss), before tax:
Foreign currency translation adjustments for the period	697	(96)	1,980	(259)
Net unrealized investment gains (losses)	(678)	169	16,642	(4,043)
Defined benefit pension and postretirement unrecognized periodic benefit (cost)	44	47	117	153
Total	63	120	18,739	(4,149)
Less: Income tax expense (benefit) related to other comprehensive income (loss)	(240)	68	6,051	(1,501)
Other comprehensive income (loss), net of taxes	303	52	12,688	(2,648)
Comprehensive income (loss)	2,135	1,519	16,814	2,324
Less: Comprehensive income (loss) attributable to noncontrolling interests	50	(5)	90	4
Comprehensive income (loss) attributable to Prudential Financial, Inc.	$ 2,085	$ 1,524	$ 16,724	$ 2,320

Unaudited Interim Consolidated6

Unaudited Interim Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Common Stock Held In Treasury	Common Stock Held In TreasuryClass B Stock	Accumulated Other Comprehensive Income (Loss)	Total Prudential Financial, Inc. Equity	Noncontrolling Interests
Balance at Dec. 31, 2014	$ 42,349	$ 6	$ 24,565	$ 14,888	$ (13,088)	$ (651)	$ 16,050	$ 41,770	$ 579
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock acquired	(750)				(750)			(750)
Class B Stock repurchase adjustment/canceled	0		(167)	(484)		651		0
Contributions from noncontrolling interests	28								28
Distributions to noncontrolling interests	(416)								(416)
Consolidations (deconsolidations) of noncontrolling interests	145								145
Stock-based compensation programs	176		(50)		226			176
Dividends declared on Common Stock	(796)			(796)				(796)
Comprehensive income:
Net income (loss)	4,972			4,907				4,907	65
Other comprehensive income (loss), net of tax	(2,648)						(2,587)	(2,587)	(61)
Comprehensive income (loss)	2,324							2,320	4
Balance at Sep. 30, 2015	42,770	6	24,348	18,515	(13,612)	0	13,463	42,720	50
Balance at Dec. 31, 2015	41,923	6	24,482	18,931	(13,814)	0	12,285	41,890	33
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of adoption of accounting changes	(19)			11				11	(30)
Common Stock acquired	(1,375)				(1,375)			(1,375)
Class B Stock repurchase adjustment/canceled	(119)			(119)				(119)
Contributions from noncontrolling interests	9								9
Distributions to noncontrolling interests	(30)								(30)
Consolidations (deconsolidations) of noncontrolling interests	471								471
Stock-based compensation programs	238		38		200			238
Dividends declared on Common Stock	(938)			(938)				(938)
Comprehensive income:
Net income (loss)	4,126			4,084				4,084	42
Other comprehensive income (loss), net of tax	12,688						12,640	12,640	48
Comprehensive income (loss)	16,814							16,724	90
Balance at Sep. 30, 2016	$ 56,974	$ 6	$ 24,520	$ 21,969	$ (14,989)	$ 0	$ 24,925	$ 56,431	$ 543

Unaudited Interim Consolidated7

Unaudited Interim Consolidated Statements of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2016		Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)		$ 4,126		$ 4,972
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment (gains) losses, net		(4,127)		(4,190)
Policy charges and fee income		(1,417)		(1,382)
Interest credited to policyholders’ account balances		3,168		2,749
Depreciation and amortization		402		126
(Gains) losses on trading account assets supporting insurance liabilities, net		(361)		365
Change in:
Deferred policy acquisition costs		(391)		(115)
Future policy benefits and other insurance liabilities		7,668		4,655
Other trading account assets		(54)		118
Income taxes		797		1,295
Derivatives, net		7,443		3,048
Other, net		(216)		189
Cash flows from (used in) operating activities		17,038		11,830
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale		36,420		35,030
Fixed maturities, held-to-maturity		205		179
Trading account assets supporting insurance liabilities and other trading account assets		24,720		10,620
Equity securities, available-for-sale		2,798		3,707
Commercial mortgage and other loans		4,522		3,904
Policy loans		1,727		1,641
Other long-term investments		457		989
Short-term investments		35,728		57,142
Payments for the purchase/origination of:
Fixed maturities, available-for-sale		(49,467)		(33,792)
Trading account assets supporting insurance liabilities and other trading account assets		(26,049)		(13,891)
Equity securities, available-for-sale		(2,413)		(3,115)
Commercial mortgage and other loans		(6,011)		(7,479)
Policy loans		(1,402)		(1,320)
Other long-term investments		(1,537)		(1,620)
Short-term investments		(33,196)		(56,803)
Acquisition of business, net of cash acquired		(532)		0
Derivatives, net		718		(411)
Other, net		228		56
Cash flows from (used in) investing activities		(13,084)		(5,163)
CASH FLOWS FROM FINANCING ACTIVITIES
Policyholders’ account deposits		22,207		17,743
Policyholders’ account withdrawals		(17,514)		(16,322)
Net change in securities sold under agreements to repurchase and cash collateral for loaned securities		488		(1,300)
Cash dividends paid on Common Stock		(939)		(801)
Net change in financing arrangements (maturities 90 days or less)		516		234
Common Stock acquired		(1,339)		(744)
Common Stock reissued for exercise of stock options		112		158
Proceeds from the issuance of debt (maturities longer than 90 days)		1,449		4,577
Repayments of debt (maturities longer than 90 days)		(1,452)		(3,922)
Excess tax benefits from share-based payment arrangements		4		18
Other, net		(611)		(424)
Cash flows from (used in) financing activities		2,802		(1,434)
Effect of foreign exchange rate changes on cash balances		360		56
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		7,116		5,289
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR		17,612	[1]	14,918
CASH AND CASH EQUIVALENTS, END OF PERIOD		24,728	[1]	20,207
NON-CASH TRANSACTIONS DURING THE PERIOD
Treasury Stock shares issued for stock-based compensation programs	[2]	113		111
Pension Risk Transfer
NON-CASH TRANSACTIONS DURING THE PERIOD
Assets acquired, excluding cash and cash equivalents acquired	[2]	2,388		1,553
Liabilities assumed	[2]	3,215		1,919
Net cash received	[2]	827		366
Class B Stock
CASH FLOWS FROM FINANCING ACTIVITIES
Common Stock acquired		$ (119)		$ (651)
[1]	See Note 5 for details of balances associated with variable interest entities.
[2]	See Note 2 for the impact of the adoption of “ASU 2015-02, Consolidation” on the Consolidated Financial Statements.

Business and Basis of Presentat

Business and Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Basis of Presentation	BUSINESS AND BASIS OF PRESENTATION Prudential Financial, Inc. (“Prudential Financial”) and its subsidiaries (collectively, “Prudential” or the “Company” or “PFI”) provide a wide range of insurance, investment management, and other financial products and services to both individual and institutional customers throughout the United States and in many other countries. Principal products and services provided include life insurance, annuities, retirement-related services, mutual funds and investment management. From December 18, 2001, the date of demutualization, through December 31, 2014, the Company organized its principal operations into the Financial Services Businesses and the Closed Block Business, and had two classes of common stock outstanding. The Common Stock, which is publicly traded (NYSE:PRU), reflected the performance of the Financial Services Businesses, while the Class B Stock, which was issued through a private placement and did not trade on any exchange, reflected the performance of the Closed Block Business. On January 2, 2015, Prudential Financial repurchased and canceled all of the shares of the Class B Stock (the “Class B Repurchase”). As a result, the Company no longer organizes its principal operations into the Financial Services Businesses and the Closed Block Business. The Company’s principal operations are comprised of four divisions: the U.S. Retirement Solutions and Investment Management division, the U.S. Individual Life and Group Insurance division, the International Insurance division and the Closed Block division. The Closed Block division is accounted for as a divested business that is reported separately from the divested businesses that are included in the Company’s Corporate and Other operations. The Company’s Corporate and Other operations include corporate items and initiatives that are not allocated to business segments and businesses that have been or will be divested, excluding the Closed Block division. Basis of Presentation As a result of the Class B Repurchase and resulting elimination of the separation of the Financial Services Businesses and the Closed Block Business, these Unaudited Interim Consolidated Financial Statements refer to the divisions and segments of the Company that formerly comprised the Financial Services Businesses as “PFI excluding Closed Block division” and refer to the operations that were formerly included in the Closed Block Business as the “Closed Block division,” except as otherwise noted. Closed Block Business results were associated with the Company’s Class B Stock for periods prior to January 1, 2015. The Unaudited Interim Consolidated Financial Statements include the accounts of Prudential Financial, entities over which the Company exercises control, including majority-owned subsidiaries and variable interest entities (“VIEs”) in which the Company is considered the primary beneficiary. See Note 5 for more information on the Company’s consolidated variable interest entities. The Unaudited Interim Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) on a basis consistent with reporting interim financial information in accordance with instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission. Intercompany balances and transactions have been eliminated. In the opinion of management, all adjustments necessary for a fair statement of the financial position and results of operations have been made. All such adjustments are of a normal, recurring nature. Interim results are not necessarily indicative of the results that may be expected for the full year. These financial statements should be read in conjunction with the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 . The Company’s Gibraltar Life Insurance Company, Ltd. (“Gibraltar Life”) consolidated operations use a November 30 fiscal year end for purposes of inclusion in the Company’s Consolidated Financial Statements. The Company’s unaudited interim consolidated balance sheet data as of September 30, 2016 , include the assets and liabilities of Gibraltar Life as of August 31, 2016. The Company’s unaudited interim consolidated income statement data include Gibraltar Life’s results of operations for the three and nine months ended August 31, 2016 and 2015, respectively. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The most significant estimates include those used in determining deferred policy acquisition costs (“DAC”) and related amortization; value of business acquired (“VOBA”) and its amortization; amortization of deferred sales inducements (“DSI”); measurement of goodwill and any related impairment; valuation of investments including derivatives and the recognition of other-than-temporary impairments (“OTTI”); future policy benefits including guarantees; pension and other postretirement benefits; provision for income taxes and valuation of deferred tax assets; and accruals for contingent liabilities, including estimates for losses in connection with unresolved legal matters. Out of Period Adjustments During the second quarter of 2016, the Company recorded an out of period adjustment resulting in a decrease of $148 million to “Income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures,” which is reflected in the three month period ended June 30, 2016 and the nine month period ended September 30, 2016. The adjustment reflects a charge to increase reserves, net of a related increase in DAC, for certain universal life products within the Individual Life business. Management evaluated the adjustment and concluded it was not material to the current period or to any previously reported quarterly or annual financial statements. For additional information on the impact of this adjustment to the Company’s operating segments, see Note 11. Reclassifications Certain amounts in prior periods have been reclassified to conform to the current period presentation.

Significant Accounting Policies

Significant Accounting Policies and Pronouncements	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Significant Accounting Policies and Pronouncements	SIGNIFICANT ACCOUNTING POLICIES AND PRONOUNCEMENTS This section supplements, and should be read in conjunction with, Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 . Adoption of New Accounting Pronouncements In May 2015, the Financial Accounting Standards Board (“FASB”) issued guidance (Accounting Standards Update (“ASU” ) 2015-07 , Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) ) to remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The new guidance became effective for annual periods and interim periods within those annual periods that began after December 15, 2015, and was applied retrospectively. Adoption of the guidance did not have a significant effect on the Company’s financial statement disclosures, see Note 13. In April 2015, the FASB issued updated guidance (ASU 2015-03, Interest — Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs ) that simplifies the presentation of debt issuance costs. The pronouncement requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The Company adopted the guidance effective January 1, 2016. Prior period financial information presented in these financial statements has been adjusted to reflect the retrospective adoption of the amended guidance. “Other assets” and “Long-term debt” as previously reported on the Company’s consolidated statements of financial position as of December 31, 2015 were both reduced by $133 million as a result of this retrospective adoption. In February 2015, the FASB issued updated guidance (ASU 2015-02, Consolidation (Topic 810): Amendments to Consolidation Analysis) that modifies the rules regarding consolidation. The pronouncement eliminates specialized guidance for limited partnerships and similar legal entities, and removes the indefinite deferral for certain investment funds. The new guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015, with early adoption permitted. The Company adopted the updated guidance effective January 1, 2016 and applied the modified retrospective method of adoption, primarily resulting in the deconsolidation of certain of its previously consolidated collateralized loan obligations (“CLOs”), as its fee arrangements are no longer deemed variable interests in these entities. The Company continues to consolidate CLOs where it retains other economic interests which absorb more than an insignificant amount of the CLOs expected variability. The Company also deconsolidated certain investment structures where it is no longer deemed to be the primary beneficiary as the Company, through its equity ownership, no longer has the obligation to absorb losses of the VIE that could be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. The impact to the Company’s consolidated statements of financial position upon adoption of the updated guidance was a reduction of $5.5 billion of “Total assets” (including $5.1 billion of “Total investments”) and $5.5 billion of “Total liabilities” (including $5.1 billion of “Notes issued by consolidated variable interest entities”), with a $30 million decrease in “Noncontrolling interests” and a $7 million increase to “Total Prudential Financial, Inc. equity.” In August 2014, the FASB issued updated guidance (ASU 2014-14, Receivables — Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure ) requiring that mortgage loans be derecognized and that a separate other receivable be recognized upon foreclosure if certain conditions are met. Upon foreclosure, the separate other receivable should be measured based on the amount of the loan balance (principal and interest) expected to be recovered from the guarantor. The new guidance became effective for annual periods and interim periods within those annual periods that began after December 15, 2014, and was applied prospectively. Adoption of the guidance did not have a significant effect on the Company’s consolidated financial position, results of operations or financial statement disclosures. In August 2014, the FASB issued updated guidance (ASU 2014-13, Consolidation (Topic 810): Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity ) for measuring the financial assets and the financial liabilities of a consolidated collateralized financing entity. Under the guidance, an entity within scope is permitted to measure both the financial assets and financial liabilities of a consolidated collateralized financing entity based on either the fair value of the financial assets or the financial liabilities, whichever is more observable. If adopted, the guidance eliminates the measurement difference that exists when both are measured at fair value. The Company adopted the updated guidance effective January 1, 2016, and applied the modified retrospective method of adoption. The impact to the Company’s consolidated statements of financial position upon adoption of the updated guidance was a $4 million reduction in “Total liabilities” and a $4 million increase to “Total Prudential Financial, Inc. equity.” In June 2014, the FASB issued updated guidance (ASU 2014-11, Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures ) that requires repurchase-to-maturity transactions to be accounted for as secured borrowings and eliminates existing guidance for repurchase financings. The guidance also requires new disclosures for certain transactions accounted for as secured borrowings and for transfers accounted for as sales when the transferor also retains substantially all of the exposure to the economic return on the transferred financial assets. Accounting changes and new disclosures for transfers accounted for as sales under the new guidance were effective for the first interim or annual period beginning after December 15, 2014, and did not have a significant effect on the Company's consolidated financial position, results of operations or financial statement disclosures. Disclosures for certain transactions accounted for as secured borrowings were effective for interim periods beginning after March 15, 2015, and are included in Note 4. The Company applied the modified retrospective method of adoption. In April 2014, the FASB issued updated guidance (ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity ) that changes the criteria for reporting discontinued operations and introduces new disclosures. The new guidance became effective for new disposals and new classifications of disposal groups as held for sale that occur within annual periods that began on or after December 15, 2014, and interim periods within those annual periods, and was applied prospectively. Adoption of the guidance did not have a significant effect on the Company’s consolidated financial position, results of operations or financial statement disclosures. In January 2014, the FASB issued updated guidance (ASU 2014-04, Receivables — Troubled Debt Restructuring by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure ) for troubled debt restructurings clarifying when an in-substance repossession or foreclosure occurs, and when a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan. The new guidance became effective for annual periods and interim periods within those annual periods that began after December 15, 2014, and was applied prospectively. Adoption of the guidance did not have a significant effect on the Company’s consolidated financial position, results of operations or financial statement disclosures. In January 2014, the FASB issued updated guidance (ASU 2014-01, Investments — Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects ) regarding investments in flow-through limited liability entities that manage or invest in affordable housing projects that qualify for the low-income housing tax credit. Under the guidance, an entity is permitted to make an accounting policy election to amortize the initial cost of its investment in proportion to the tax credits and other tax benefits received and recognize the net investment performance in the statement of operations as a component of income tax expense (benefit) if certain conditions are met. The new guidance became effective for annual periods and interim reporting periods within those annual periods that began after December 15, 2014. The Company did not elect the proportional amortization method under this guidance. Future Adoption of New Accounting Pronouncements In May 2014, the FASB issued updated guidance (ASU 2014-09, Revenue from Contracts with Customers (Topic 606) ) on accounting for revenue recognition. The guidance is based on the core principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. The guidance also requires additional disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from cost incurred to obtain or fulfill a contract. Revenue recognition for insurance contracts and financial instruments is explicitly scoped out of the guidance. In August 2015, the FASB issued an update to defer the original effective date of this guidance. As a result of the deferral, the new guidance is effective for annual periods and interim periods within those annual periods, beginning after December 15, 2017, and must be applied using one of two retrospective application methods. Early adoption is permitted only for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently assessing the impact of the guidance on the Company’s consolidated financial position, results of operations and financial statement disclosures. In May 2015, the FASB issued final guidance (ASU 2015-09, Financial Services — Insurance (Topic 944): Disclosures about Short-Duration Contracts ) that aims to enhance disclosures about insurance contracts classified as short-duration. The new disclosure requirements focus on providing users of financial statements with more transparent information about an insurance entity’s initial claim estimates and subsequent adjustments to those estimates, methodologies and judgments in estimating claims, and timing, frequency and severity of claims as they relate to short-duration insurance contracts. The new guidance is effective for annual periods beginning after December 15, 2015, and interim periods within annual periods beginning after December 15, 2016, and is to be applied retrospectively. The Company is currently assessing the impact of the guidance on the Company’s financial statement disclosures but has concluded that this guidance will not impact the Company’s consolidated financial position or results of operations. In January 2016, the FASB issued updated guidance (ASU 2016-01, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ) on the recognition and measurement of financial assets and financial liabilities. The guidance revises an entity’s accounting related to the classification and measurement of certain equity investments and the presentation of certain fair value changes for financial liabilities measured at fair value. The guidance also amends certain disclosure requirements associated with the fair value of financial instruments. The new guidance is effective for annual periods and interim reporting periods within those annual periods beginning after December 15, 2017. Early adoption is not permitted except for the provisions related to the presentation of certain fair value changes for financial liabilities measured at fair value. The Company is currently assessing the impact of the guidance on the Company’s consolidated financial position, results of operations and financial statement disclosures. In February 2016, the FASB issued guidance (ASU 2016-02, Leases (Topic 842) ) that ensures assets and liabilities from all outstanding lease contracts are recognized on balance sheet (with limited exception). The guidance substantially changes a Lessee’s accounting for leases and requires the recording on balance sheet of a “right-of-use” asset and liability to make lease payments for most leases. A Lessee will continue to recognize expense in its income statement in a manner similar to the requirements under the current lease accounting guidance. For Lessors, the guidance modifies classification criteria and accounting for sales-type and direct financing leases and requires a Lessor to derecognize the carrying value of the leased asset that is considered to have been transferred to a Lessee and record a lease receivable and residual asset (“receivable and residual” approach). The guidance also eliminates the real estate specific provisions of the current guidance (i.e., sale-leaseback). The new guidance is effective for financial statements issued for annual reporting periods beginning after December 15, 2018, and for interim periods within those annual periods, with early adoption permitted. The Company is currently assessing the impact of the guidance on the Company’s consolidated financial position, results of operations and financial statement disclosures. In March 2016, the FASB issued guidance (ASU 2016-07, Investments—Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting ) to simplify the transition to equity method when an investment qualifies for use of the equity method as a result of an increase in the level of ownership or degree of influence. The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. The new guidance is effective for financial statements issued for annual reporting periods beginning after December 15, 2016, and for interim periods within those annual periods. The guidance is to be applied prospectively to increases in the level of ownership interest or degree of influence that result in the adoption of the equity method after the effective date. The Company does not expect the adoption of this guidance to have a significant impact on the Company’s consolidated financial position, results of operations and financial statement disclosures. In March 2016, the FASB issued guidance (ASU 2016-09, Compensation — Stock Compensation (Topic 718): Improvements to Employee Share-Based Payments Accounting ) to simplify and improve employee share-based payment accounting. The areas updated include income tax consequences, a policy election related to forfeitures, classification of awards as either equity or liability, and classification of operating and financing activity on the statement of cash flows. The new guidance is effective for financial statements issued for annual reporting periods beginning after December 15, 2016, and for interim periods within those annual periods, with early adoption permitted. The Company does not expect the adoption of this guidance to have a significant impact on the Company’s consolidated financial position, results of operations and financial statement disclosures. In June 2016, the FASB issued guidance (ASU 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ) that provides a new current expected credit loss model to account for credit losses on certain financial assets and off-balance sheet exposures (e.g., loans held for investment, debt securities held to maturity, reinsurance receivables, net investments in leases and loan commitments). The model requires an entity to estimate lifetime credit losses related to such financial assets and exposures based on relevant information about past events, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. The guidance also modifies the current other-than-temporary impairment guidance for available-for-sale debt securities to require the use of an allowance rather than a direct write down of the investment, and replaces existing guidance for purchased credit deteriorated loans and debt securities. The new guidance is effective for financial statements issued by public entities for annual reporting periods beginning after December 15, 2019, and for interim periods within those annual periods. Early adoption is permitted for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently assessing the impact of the guidance on the Company’s consolidated financial position, results of operations and financial statement disclosures. In August 2016, the FASB issued guidance (ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the Emerging Issues Task Force) ) to address diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments provide clarity on the treatment of eight specifically defined types of cash inflows and outflows. The new guidance is effective for financial statements issued for annual reporting periods beginning after December 15, 2017, and for interim periods within those annual periods, with early adoption permitted, provided that all of the amendments are adopted in the same period. The Company is currently assessing the impact of the guidance on the Company’s statement of cash flows.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2016
Business Combinations [Abstract]
Acquisitions	ACQUISITIONS This section supplements, and should be read in conjunction with, the complete descriptions provided in Note 3 to the Company’s Consolidated Financial Statements included in the Annual Report on Form 10-K for the year ended December 31, 2015 . Acquisition of Deutsche Bank’s India Asset Management Business In March 2016, the Company and its asset management joint venture partner in India completed the previously announced acquisition of Deutsche Bank’s India asset management business through the joint venture. This acquisition, which will expand the Company’s investment management expertise, distribution platform and product portfolio in India, did not have a material impact on the Company’s financial results. Acquisition of Administradora de Fondos de Pensiones Habitat S.A. In March 2016, the Company completed the purchase of an indirect 40% ownership interest in Administradora de Fondos de Pensiones Habitat S.A. (“AFP Habitat”), a leading provider of retirement services in Chile, from Inversiones La Construcción S.A. (“ILC”), the investment subsidiary of the Chilean Construction Chamber. The Company paid 899.90 Chilean pesos per share, for a total purchase price of approximately $532 million based on exchange rates at the share acquisition date. The Company and ILC now equally own an indirect controlling stake in AFP Habitat through a joint holding company. The Company’s investment will be accounted for under the equity method and is recorded within “Other assets.” This acquisition will enable the Company to participate in the growing Chilean pension market.

Investments

Investments	9 Months Ended
	Sep. 30, 2016
Investments [Abstract]
Investments	INVESTMENTS Fixed Maturities and Equity Securities The following tables provide information relating to fixed maturities and equity securities (excluding investments classified as trading) as of the dates indicated: September 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value OTTI in AOCI(4) (in millions) Fixed maturities, available-for-sale U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 20,359 $ 5,403 $ 37 $ 25,725 $ 0 Obligations of U.S. states and their political subdivisions 8,489 1,382 4 9,867 0 Foreign government bonds 86,008 22,522 130 108,400 0 U.S. corporate public securities 78,592 9,513 489 87,616 (9 ) U.S. corporate private securities(1) 29,905 2,789 226 32,468 (20 ) Foreign corporate public securities 27,185 3,619 155 30,649 (6 ) Foreign corporate private securities 20,645 966 616 20,995 0 Asset-backed securities(2) 10,318 178 121 10,375 (316 ) Commercial mortgage-backed securities 11,912 604 15 12,501 (1 ) Residential mortgage-backed securities(3) 4,332 319 3 4,648 (3 ) Total fixed maturities, available-for-sale(1) $ 297,745 $ 47,295 $ 1,796 $ 343,244 $ (355 ) Equity securities, available-for-sale $ 7,197 $ 2,611 $ 43 $ 9,765 September 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (in millions) Fixed maturities, held-to-maturity Foreign government bonds $ 965 $ 341 $ 0 $ 1,306 Foreign corporate public securities 717 83 0 800 Foreign corporate private securities(5) 93 4 0 97 Commercial mortgage-backed securities 1 0 0 1 Residential mortgage-backed securities(3) 695 57 0 752 Total fixed maturities, held-to-maturity(5) $ 2,471 $ 485 $ 0 $ 2,956 __________ (1) Excludes notes with amortized cost of $1,127 million (fair value, $1,127 million ) which have been offset with the associated payables under a netting agreement. (2) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. (4) Represents the amount of OTTI losses in “Accumulated other comprehensive income (loss)” (“AOCI”), which were not included in earnings. Amount excludes $686 million of net unrealized gains on impaired available-for-sale securities and $1 million of net unrealized gains on impaired held-to-maturity securities relating to changes in the value of such securities subsequent to the impairment measurement date. (5) Excludes notes with amortized cost of $4,165 million (fair value, $4,165 million ) which have been offset with the associated payables under a netting agreement. December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value OTTI in AOCI(4) (in millions) Fixed maturities, available-for-sale U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 14,992 $ 3,544 $ 19 $ 18,517 $ 0 Obligations of U.S. states and their political subdivisions 8,089 747 41 8,795 0 Foreign government bonds 71,849 12,011 147 83,713 1 U.S. corporate public securities 70,979 6,344 1,955 75,368 (3 ) U.S. corporate private securities(1) 28,525 2,278 359 30,444 0 Foreign corporate public securities 26,354 2,821 621 28,554 0 Foreign corporate private securities 19,393 739 994 19,138 0 Asset-backed securities(2) 10,121 226 121 10,226 (452 ) Commercial mortgage-backed securities 10,337 195 70 10,462 (1 ) Residential mortgage-backed securities(3) 4,777 335 6 5,106 (4 ) Total fixed maturities, available-for-sale(1) $ 265,416 $ 29,240 $ 4,333 $ 290,323 $ (459 ) Equity securities, available-for-sale $ 6,847 $ 2,570 $ 143 $ 9,274 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (in millions) Fixed maturities, held-to-maturity Foreign government bonds $ 816 $ 196 $ 0 $ 1,012 Foreign corporate public securities 625 62 0 687 Foreign corporate private securities(5) 78 4 0 82 Commercial mortgage-backed securities 33 1 0 34 Residential mortgage-backed securities(3) 756 53 0 809 Total fixed maturities, held-to-maturity(5) $ 2,308 $ 316 $ 0 $ 2,624 __________ (1) Excludes notes with amortized cost of $1,050 million (fair value, $1,039 million ) which have been offset with the associated payables under a netting agreement. (2) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. (4) Represents the amount of OTTI losses in AOCI, which were not included in earnings. Amount excludes $693 million of net unrealized gains on impaired available-for-sale securities and less than $1 million of net unrealized gains on impaired held-to-maturity securities relating to changes in the value of such securities subsequent to the impairment measurement date. (5) Excludes notes with amortized cost of $3,850 million (fair value, $4,081 million ) which have been offset with the associated payables under a netting agreement. The following tables show the fair value and gross unrealized losses aggregated by investment category and length of time that individual fixed maturity securities and equity securities have been in a continuous unrealized loss position, as of the dates indicated: September 30, 2016 Less than Twelve months Total Fair Gross Fair Gross Fair Gross (in millions) Fixed maturities(1) U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 2,818 $ 37 $ 0 $ 0 $ 2,818 $ 37 Obligations of U.S. states and their political subdivisions 80 1 21 3 101 4 Foreign government bonds 2,133 112 296 18 2,429 130 U.S. corporate public securities 5,907 201 3,237 288 9,144 489 U.S. corporate private securities 1,926 114 1,482 112 3,408 226 Foreign corporate public securities 1,264 41 1,230 114 2,494 155 Foreign corporate private securities 2,692 183 4,773 433 7,465 616 Asset-backed securities 1,287 68 2,712 53 3,999 121 Commercial mortgage-backed securities 1,417 14 148 1 1,565 15 Residential mortgage-backed securities 64 2 89 1 153 3 Total $ 19,588 $ 773 $ 13,988 $ 1,023 $ 33,576 $ 1,796 Equity securities, available-for-sale $ 699 $ 42 $ 12 $ 1 $ 711 $ 43 __________ (1) Includes $14 million of fair value and less than $1 million of gross unrealized losses at September 30, 2016 , on securities classified as held-to-maturity, which is not reflected in AOCI. December 31, 2015 Less than Twelve months Total Fair Gross Fair Gross Fair Gross (in millions) Fixed maturities(1) U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 3,068 $ 19 $ 0 $ 0 $ 3,068 $ 19 Obligations of U.S. states and their political subdivisions 1,391 40 7 1 1,398 41 Foreign government bonds 1,925 82 411 65 2,336 147 U.S. corporate public securities 24,642 1,396 3,455 559 28,097 1,955 U.S. corporate private securities 6,996 266 802 93 7,798 359 Foreign corporate public securities 5,985 288 1,584 333 7,569 621 Foreign corporate private securities 6,199 340 3,917 654 10,116 994 Asset-backed securities 4,342 33 3,138 88 7,480 121 Commercial mortgage-backed securities 3,888 63 473 7 4,361 70 Residential mortgage-backed securities 558 4 119 2 677 6 Total $ 58,994 $ 2,531 $ 13,906 $ 1,802 $ 72,900 $ 4,333 Equity securities, available-for-sale $ 1,862 $ 142 $ 11 $ 1 $ 1,873 $ 143 __________ (1) Includes $0 million of fair value and $0 million of gross unrealized losses at December 31, 2015 , on securities classified as held-to-maturity, which is not reflected in AOCI. The gross unrealized losses on fixed maturity securities at September 30, 2016 and December 31, 2015 , were composed of $1,324 million and $3,750 million , respectively, related to high or highest quality securities based on the National Association of Insurance Commissioners (“NAIC”) or equivalent rating and $472 million and $583 million , respectively, related to other than high or highest quality securities based on NAIC or equivalent rating. At September 30, 2016 , the $1,023 million of gross unrealized losses of twelve months or more were concentrated in the energy, utility and capital goods sectors of the Company’s corporate securities. At December 31, 2015 , the $1,802 million of gross unrealized losses of twelve months or more were concentrated in the energy, consumer non-cyclical and basic industry sectors of the Company’s corporate securities. In accordance with its policy described in Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , the Company concluded that an adjustment to earnings for OTTI for these securities was not warranted at September 30, 2016 or December 31, 2015 . These conclusions are based on a detailed analysis of the underlying credit and cash flows on each security. The gross unrealized losses are primarily attributable to general credit spread widening and foreign currency exchange rate movements. At September 30, 2016 , the Company does not intend to sell these securities, and it is not more likely than not that the Company will be required to sell these securities before the anticipated recovery of the remaining amortized cost basis. At September 30, 2016 , $9 million of the gross unrealized losses on equity securities represented declines in value of greater than 20%, approximately all of which had been in that position for less than six months. At December 31, 2015 , $19 million of the gross unrealized losses on equity securities represented declines in value of greater than 20%, all of which had been in that position for less than six months. In accordance with its policy described in Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , the Company concluded that an adjustment for OTTI for these equity securities was not warranted at September 30, 2016 or December 31, 2015 . The amortized cost and fair value of fixed maturities by contractual maturities at September 30, 2016 , are as follows: Available-for-Sale Held-to-Maturity Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Due in one year or less $ 10,680 $ 11,142 $ 13 $ 13 Due after one year through five years 47,613 52,034 191 203 Due after five years through ten years 61,574 67,850 610 685 Due after ten years(1) 151,316 184,694 961 1,302 Asset-backed securities 10,318 10,375 0 0 Commercial mortgage-backed securities 11,912 12,501 1 1 Residential mortgage-backed securities 4,332 4,648 695 752 Total $ 297,745 $ 343,244 $ 2,471 $ 2,956 __________ (1) Excludes available-for-sale notes with amortized cost of $1,127 million (fair value, $1,127 million ) and held-to-maturity notes with amortized cost of $4,165 million (fair value, $4,165 million ), which have been offset with the associated payables under a netting agreement. Actual maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Asset-backed, commercial mortgage-backed and residential mortgage-backed securities are shown separately in the table above, as they are not due at a single maturity date. The following table depicts the sources of fixed maturity and equity security proceeds and related investment gains (losses), as well as losses on impairments of both fixed maturities and equity securities: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 (in millions) Fixed maturities, available-for-sale Proceeds from sales(1) $ 7,585 $ 6,016 $ 21,939 $ 21,059 Proceeds from maturities/repayments(1) 4,960 4,496 14,583 14,209 Gross investment gains from sales, prepayments and maturities 440 427 1,234 1,401 Gross investment losses from sales and maturities (46 ) (73 ) (343 ) (170 ) Fixed maturities, held-to-maturity Gross investment gains from prepayments $ 0 $ 0 $ 0 $ 0 Proceeds from maturities/repayments 83 58 208 181 Equity securities, available-for-sale Proceeds from sales $ 978 $ 1,181 $ 2,815 $ 3,734 Gross investment gains from sales 177 167 425 594 Gross investment losses from sales (30 ) (61 ) (137 ) (123 ) Fixed maturity and equity security impairments Net writedowns for other-than-temporary impairment losses on fixed maturities recognized in earnings(2) $ (29 ) $ (73 ) $ (166 ) $ (110 ) Writedowns for impairments on equity securities (23 ) (60 ) (65 ) (77 ) __________ (1) Includes $122 million and $267 million of non-cash related proceeds for the nine months ended September 30, 2016 and 2015 , respectively. (2) Excludes the portion of OTTI recorded in “Other comprehensive income (loss),” (“OCI”) representing any difference between the fair value of the impaired debt security and the net present value of its projected future cash flows at the time of impairment. As discussed in Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , a portion of certain OTTI losses on fixed maturity securities is recognized in OCI. For these securities, the net amount recognized in earnings (“credit loss impairments”) represents the difference between the amortized cost of the security and the net present value of its projected future cash flows discounted at the effective interest rate implicit in the debt security prior to impairment. Any remaining difference between the fair value and amortized cost is recognized in OCI. The following tables set forth the amount of pre-tax credit loss impairments on fixed maturity securities held by the Company as of the dates indicated, for which a portion of the OTTI loss was recognized in OCI, and the corresponding changes in such amounts: Three Months Ended September 30, 2016 Nine Months Ended September 30, 2016 (in millions) Balance, beginning of period $ 424 $ 532 Credit loss impairments previously recognized on securities which matured, paid down, prepaid or were sold during the period (76 ) (217 ) Credit loss impairments previously recognized on securities impaired to fair value during the period(1) 0 (2 ) Credit loss impairments recognized in the current period on securities not previously impaired 0 27 Additional credit loss impairments recognized in the current period on securities previously impaired 0 0 Increases due to the passage of time on previously recorded credit losses 5 17 Accretion of credit loss impairments previously recognized due to an increase in cash flows expected to be collected (2 ) (6 ) Balance, end of period $ 351 $ 351 Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 (in millions) Balance, beginning of period $ 751 $ 781 Credit loss impairments previously recognized on securities which matured, paid down, prepaid or were sold during the period (187 ) (215 ) Credit loss impairments previously recognized on securities impaired to fair value during the period(1) (6 ) (19 ) Credit loss impairments recognized in the current period on securities not previously impaired 0 3 Additional credit loss impairments recognized in the current period on securities previously impaired 1 2 Increases due to the passage of time on previously recorded credit losses 1 14 Accretion of credit loss impairments previously recognized due to an increase in cash flows expected to be collected (3 ) (9 ) Balance, end of period $ 557 $ 557 __________ (1) Represents circumstances where the Company determined in the current period that it intends to sell the security or it is more likely than not that it will be required to sell the security before recovery of the security’s amortized cost. Trading Account Assets Supporting Insurance Liabilities The following table sets forth the composition of “Trading account assets supporting insurance liabilities” as of the dates indicated: September 30, 2016 December 31, 2015 Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Short-term investments and cash equivalents $ 908 $ 908 $ 765 $ 765 Fixed maturities: Corporate securities 13,296 13,773 12,797 12,851 Commercial mortgage-backed securities 1,873 1,952 1,860 1,862 Residential mortgage-backed securities(1) 1,217 1,261 1,411 1,428 Asset-backed securities(2) 1,311 1,327 1,295 1,299 Foreign government bonds 784 813 680 694 U.S. government authorities and agencies and obligations of U.S. states 399 449 326 369 Total fixed maturities 18,880 19,575 18,369 18,503 Equity securities 1,223 1,345 1,030 1,254 Total trading account assets supporting insurance liabilities $ 21,011 $ 21,828 $ 20,164 $ 20,522 __________ (1) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. (2) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. The net change in unrealized gains (losses) from trading account assets supporting insurance liabilities still held at period end, recorded within “Other income,” was $84 million and $(251) million during the three months ended September 30, 2016 and 2015 , respectively, and $459 million and $(517) million during the nine months ended September 30, 2016 and 2015 , respectively. Other Trading Account Assets The following table sets forth the composition of the “Other trading account assets” as of the dates indicated: September 30, 2016 December 31, 2015 Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Short-term investments and cash equivalents $ 27 $ 27 $ 26 $ 26 Fixed maturities 4,783 4,635 11,132 10,764 Equity securities 867 950 1,006 1,098 Other 5 7 12 15 Subtotal $ 5,682 5,619 $ 12,176 11,903 Derivative instruments 1,940 2,555 Total other trading account assets $ 7,559 $ 14,458 The net change in unrealized gains (losses) from other trading account assets, excluding derivative instruments, still held at period end, recorded within “Other income,” was $49 million and $(227) million during the three months ended September 30, 2016 and 2015 , respectively, and $210 million and $(219) million during the nine months ended September 30, 2016 and 2015 , respectively. Concentrations of Financial Instruments The Company monitors its concentrations of financial instruments and mitigates credit risk by maintaining a diversified investment portfolio which limits exposure to any one issuer. As of both September 30, 2016 and December 31, 2015 , the Company’s exposure to concentrations of credit risk of single issuers greater than 10% of the Company’s stockholders’ equity included securities of the U.S. government and certain U.S. government agencies and certain securities guaranteed by the U.S. government, as well as the securities disclosed below . September 30, 2016 December 31, 2015 Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Investments in Japanese government and government agency securities: Fixed maturities, available-for-sale $ 65,711 $ 82,317 $ 53,851 $ 61,911 Fixed maturities, held-to-maturity 942 1,276 796 988 Trading account assets supporting insurance liabilities 585 613 492 502 Other trading account assets 17 17 33 33 Total $ 67,255 $ 84,223 $ 55,172 $ 63,434 September 30, 2016 December 31, 2015 Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Investments in South Korean government and government agency securities: Fixed maturities, available-for-sale $ 8,165 $ 11,308 $ 7,191 $ 9,233 Fixed maturities, held-to-maturity 0 0 0 0 Trading account assets supporting insurance liabilities 44 45 44 44 Other trading account assets 0 0 0 0 Total $ 8,209 $ 11,353 $ 7,235 $ 9,277 Commercial Mortgage and Other Loans The Company’s commercial mortgage and other loans are comprised as follows, as of the dates indicated: September 30, 2016 December 31, 2015 Amount (in millions) % of Total Amount (in millions) % of Total Commercial mortgage and agricultural property loans by property type: Office $ 12,137 23.7 % $ 11,226 22.9 % Retail 8,593 16.7 8,917 18.2 Apartments/Multi-Family 13,247 25.8 12,034 24.5 Industrial 7,806 15.2 7,775 15.9 Hospitality 2,384 4.7 2,513 5.1 Other 4,266 8.3 3,722 7.6 Total commercial mortgage loans 48,433 94.4 46,187 94.2 Agricultural property loans 2,888 5.6 2,859 5.8 Total commercial mortgage and agricultural property loans by property type 51,321 100.0 % 49,046 100.0 % Valuation allowance (99 ) (99 ) Total net commercial mortgage and agricultural property loans by property type 51,222 48,947 Other loans: Uncollateralized loans 748 1,012 Residential property loans 301 301 Other collateralized loans 11 312 Total other loans 1,060 1,625 Valuation allowance (9 ) (13 ) Total net other loans 1,051 1,612 Total commercial mortgage and other loans(1) $ 52,273 $ 50,559 __________ (1) Includes loans held at fair value. The commercial mortgage and agricultural property loans are geographically dispersed throughout the United States (with the largest concentrations in California (26%) , New York (9%) and Texas (9%) ) and include loans secured by properties in Europe (4%) and Asia (1%) at September 30, 2016 . Activity in the allowance for credit losses for all commercial mortgage and other loans, as of the dates indicated, is as follows: September 30, 2016 Commercial Mortgage Loans Agricultural Property Loans Residential Property Loans Other Collateralized Loans Uncollateralized Loans Total (in millions) Allowance for credit losses, beginning of year $ 97 $ 2 $ 3 $ 0 $ 10 $ 112 Addition to (release of) allowance for losses 0 0 (1 ) 0 (5 ) (6 ) Charge-offs, net of recoveries 0 0 0 0 0 0 Change in foreign exchange 0 0 1 0 1 2 Total ending balance $ 97 $ 2 $ 3 $ 0 $ 6 $ 108 December 31, 2015 Commercial Mortgage Loans Agricultural Property Loans Residential Property Loans Other Collateralized Loans Uncollateralized Loans Total (in millions) Allowance for credit losses, beginning of year $ 104 $ 1 $ 5 $ 0 $ 9 $ 119 Addition to (release of) allowance for losses (7 ) 1 (2 ) 0 1 (7 ) Charge-offs, net of recoveries 0 0 0 0 0 0 Change in foreign exchange 0 0 0 0 0 0 Total ending balance $ 97 $ 2 $ 3 $ 0 $ 10 $ 112 The following tables set forth the allowance for credit losses and the recorded investment in commercial mortgage and other loans as of the dates indicated: September 30, 2016 Commercial Mortgage Loans Agricultural Property Loans Residential Property Loans Other Collateralized Loans Uncollateralized Loans Total (in millions) Allowance for Credit Losses: Individually evaluated for impairment $ 7 $ 0 $ 0 $ 0 $ 0 $ 7 Collectively evaluated for impairment 90 2 3 0 6 101 Loans acquired with deteriorated credit quality 0 0 0 0 0 0 Total ending balance $ 97 $ 2 $ 3 $ 0 $ 6 $ 108 Recorded Investment(1): Gross of reserves: individually evaluated for impairment $ 117 $ 29 $ 0 $ 0 $ 2 $ 148 Gross of reserves: collectively evaluated for impairment 48,316 2,859 301 11 746 52,233 Gross of reserves: loans acquired with deteriorated credit quality 0 0 0 0 0 0 Total ending balance, gross of reserves $ 48,433 $ 2,888 $ 301 $ 11 $ 748 $ 52,381 __________ (1) Recorded investment reflects the carrying value gross of related allowance. December 31, 2015 Commercial Mortgage Loans Agricultural Property Loans Residential Property Loans Other Collateralized Loans Uncollateralized Loans Total (in millions) Allowance for Credit Losses: Individually evaluated for impairment $ 1 $ 0 $ 0 $ 0 $ 0 $ 1 Collectively evaluated for impairment 96 2 3 0 10 111 Loans acquired with deteriorated credit quality 0 0 0 0 0 0 Total ending balance $ 97 $ 2 $ 3 $ 0 $ 10 $ 112 Recorded Investment(1): Gross of reserves: individually evaluated for impairment $ 111 $ 8 $ 0 $ 0 $ 2 $ 121 Gross of reserves: collectively evaluated for impairment 46,076 2,851 301 312 1,010 50,550 Gross of reserves: loans acquired with deteriorated credit quality 0 0 0 0 0 0 Total ending balance, gross of reserves $ 46,187 $ 2,859 $ 301 $ 312 $ 1,012 $ 50,671 __________ (1) Recorded investment reflects the carrying value gross of related allowance. Impaired loans include those loans for which it is probable that all amounts due will not be collected according to the contractual terms of the loan agreement. Impaired commercial mortgage and other loans identified in management’s specific review of probable loan losses and the related allowance for losses, as of the dates indicated, are as follows: September 30, 2016 Recorded Investment(1) Unpaid Principal Balance Related Allowance Average Recorded Investment Before Allowance(2) Interest Income Recognized(3) (in millions) With no related allowance recorded: Commercial mortgage loans $ 0 $ 0 $ 0 $ 0 $ 0 Agricultural property loans 0 0 0 0 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 2 0 0 0 Total with no related allowance $ 0 $ 2 $ 0 $ 0 $ 0 With an allowance recorded: Commercial mortgage loans $ 51 $ 51 $ 7 $ 27 $ 2 Agricultural property loans 0 0 0 0 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 0 0 0 0 Total with related allowance $ 51 $ 51 $ 7 $ 27 $ 2 Total: Commercial mortgage loans $ 51 $ 51 $ 7 $ 27 $ 2 Agricultural property loans 0 0 0 0 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 2 0 0 0 Total $ 51 $ 53 $ 7 $ 27 $ 2 __________ (1) Recorded investment reflects the carrying value gross of related allowance. (2) Average recorded investment represents the average of the beginning-of-period and all subsequent quarterly end-of-period balances. (3) The interest income recognized is for the year-to-date income regardless of when the impairments occurred. December 31, 2015 Recorded Investment(1) Unpaid Principal Balance Related Allowance Average Recorded Investment Before Allowance(2) Interest Income Recognized(3) (in millions) With no related allowance recorded: Commercial mortgage loans $ 0 $ 0 $ 0 $ 0 $ 0 Agricultural property loans 0 0 0 2 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 1 0 0 0 Total with no related allowance $ 0 $ 1 $ 0 $ 2 $ 0 With an allowance recorded: Commercial mortgage loans $ 1 $ 1 $ 1 $ 52 $ 3 Agricultural property loans 0 0 0 0 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 0 0 0 0 Total with related allowance $ 1 $ 1 $ 1 $ 52 $ 3 Total: Commercial mortgage loans $ 1 $ 1 $ 1 $ 52 $ 3 Agricultural property loans 0 0 0 2 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 1 0 0 0 Total $ 1 $ 2 $ 1 $ 54 $ 3 __________ (1) Recorded investment reflects the carrying value gross of related allowance. (2) Average recorded investment represents the average of the beginning-of-period and all subsequent quarterly end-of-period balances. (3) The interest income recognized is for the year-to-date income regardless of when the impairments occurred. The net carrying value of commercial and other loans held for sale by the Company as of September 30, 2016 and December 31, 2015 , was $572 million and $274 million , respectively. For all of these loans, the Company pre-arranges that it will sell the loan to an investor. As of both September 30, 2016 and December 31, 2015 , all of the Company’s commercial and other loans held for sale were collateralized, with collateral primarily consisting of apartment complexes. The following tables set forth certain key credit quality indicators as of September 30, 2016 , based upon the recorded investment gross of allowance for credit losses. Commercial mortgage loans Debt Service Coverage Ratio—September 30, 2016 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 26,467 $ 411 $ 306 $ 27,184 60%-69.99% 13,954 413 102 14,469 70%-79.99% 6,048 237 101 6,386 Greater than 80% 226 50 118 394 Total commercial mortgage loans $ 46,695 $ 1,111 $ 627 $ 48,433 Agricultural property loans Debt Service Coverage Ratio—September 30, 2016 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 2,643 $ 124 $ 17 $ 2,784 60%-69.99% 104 0 0 104 70%-79.99% 0 0 0 0 Greater than 80% 0 0 0 0 Total agricultural property loans $ 2,747 $ 124 $ 17 $ 2,888 Total commercial mortgage and agricultural property loans Debt Service Coverage Ratio—September 30, 2016 Greater than 1.0X to <1.2X Less than Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 29,110 $ 535 $ 323 $ 29,968 60%-69.99% 14,058 413 102 14,573 70%-79.99% 6,048 237 101 6,386 Greater than 80% 226 50 118 394 Total commercial mortgage and agricultural property loans $ 49,442 $ 1,235 $ 644 $ 51,321 The following tables set forth certain key credit quality indicators as of December 31, 2015 , based upon the recorded investment gross of allowance for credit losses. Commercial mortgage loans Debt Service Coverage Ratio—December 31, 2015 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 25,978 $ 515 $ 207 $ 26,700 60%-69.99% 12,191 395 234 12,820 70%-79.99% 5,668 500 97 6,265 Greater than 80% 119 151 132 402 Total commercial mortgage loans $ 43,956 $ 1,561 $ 670 $ 46,187 Agricultural property loans Debt Service Coverage Ratio—December 31, 2015 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 2,587 $ 84 $ 3 $ 2,674 60%-69.99% 185 0 0 185 70%-79.99% 0 0 0 0 Greater than 80% 0 0 0 0 Total agricultural property loans $ 2,772 $ 84 $ 3 $ 2,859 Total commercial mortgage and agricultural property loans Debt Service Coverage Ratio—December 31, 2015 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 28,565 $ 599 $ 210 $ 29,374 60%-69.99% 12,376 395 234 13,005 70%-79.99% 5,668 500 97 6,265 Greater than 80% 119 151 132 402 Total commercial mortgage and agricultural property loans $ 46,728 $ 1,645 $ 673 $ 49,046 The following tables provide an aging of past due commercial mortgage and other loans as of the dates indicated, based upon the recorded investment gross of allowance for credit losses, as well as the amount of commercial mortgage loans on nonaccrual status as of the dates indicated. September 30, 2016 Current 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Total Commercial Mortgage and Other Loans Non Accrual Status (in millions) Commercial mortgage loans $ 48,429 $ 0 $ 0 $ 4 $ 4 $ 48,433 $ 52 Agricultural property loans 2,886 0 0 2 2 2,888 2 Residential property loans 288 6 2 5 13 301 5 Other collateralized loans 11 0 0 0 0 11 0 Uncollateralized loans 748 0 0 0 0 748 0 Total $ 52,362 $ 6 $ 2 $ 11 $ 19 $ 52,381 $ 59 December 31, 2015 Current 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Total Commercial Mortgage and Other Loans Non Accrual Status (in millions) Commercial mortgage loans $ 46,187 $ 0 $ 0 $ 0 $ 0 $ 46,187 $ 53 Agricultural property loans 2,856 2 0 1 3 2,859 1 Residential property loans 288 7 0 6 13 301 6 Other collateralized loans 312 0 0 0 0 312 0 Uncollateralized loans 1,012 0 0 0 0 1,012 0 Total $ 50,655 $ 9 $ 0 $ 7 $ 16 $ 50,671 $ 60 See Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , for further discussion regarding nonaccrual status loans. For both the three and nine months ended September 30, 2016 , there were no commercial mortgage and other loans acquired, other than those through direct origination, and there were no commercial mortgage and other loans sold, other than those classified as held-for-sale, respectively. For the three and nine months ended September 30, 2015 , there were $145 million and $198 million , respectively, of commercial mortgage and other loans acquired, other than those through direct origination and there were $0 million and $18 million , respectively, of commercial mortgage and other loans sold, other than those classified as held-for-sale. The Company’s commercial mortgage and other loans may occasionally be involved in a troubled debt restructuring. As of September 30, 2016 and December 31, 2015 , the Company had no significant commitments to borrowers that have been involved in a troubled debt restructuring. During the three and nine months ended September 30, 2016 and 2015 , there were no new troubled debt restructurings related to commercial mortgage and other loans and no payment defaults on commercial mortgage and other loans that were modified as a troubled debt restructuring within the twelve months preceding. For additional information relating to the accounting for troubled debt re

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2016
Variable Interest Entities [Abstract]
Variable Interest Entities	VARIABLE INTEREST ENTITIES In the normal course of its activities, the Company enters into relationships with various special-purpose entities and other entities that are deemed to be variable interest entities (“VIEs”). A VIE is an entity that either (1) has equity investors that lack certain essential characteristics of a controlling financial interest (including the ability to control activities of the entity, the obligation to absorb the entity’s expected losses and the right to receive the entity’s expected residual returns) or (2) lacks sufficient equity to finance its own activities without financial support provided by other entities, which in turn would be expected to absorb at least some of the expected losses of the VIE. The Company is the primary beneficiary if the Company has (1) the power to direct the activities of the VIE that most significantly impact the economic performance of the entity and (2) the obligation to absorb losses of the entity that could be potentially significant to the VIE or the right to receive benefits from the entity that could be potentially significant. If the Company determines that it is the VIE’s primary beneficiary, it consolidates the VIE. Consolidated Variable Interest Entities The Company is the investment manager of certain asset-backed investment vehicles commonly referred to as collateralized loan obligations (“CLOs”) and certain other vehicles for which the Company earns fee income for investment management services, including certain investment structures in which the Company’s asset management business invests with other co-investors in investment funds referred to as feeder funds. The Company may sell or syndicate investments through these vehicles, principally as part of the strategic investing activity of the Company’s asset management businesses. Additionally, the Company may invest in securities issued by these vehicles. CLOs raise capital by issuing debt securities, and use the proceeds to purchase investments, typically interest-bearing financial instruments. The Company has analyzed these relationships and determined that for certain CLOs and other investment structures it is the primary beneficiary and consolidates these entities. This analysis includes a review of (1) the Company’s rights and responsibilities as investment manager and (2) variable interests (if any) held by the Company. The assets of these VIEs are restricted and must be used first to settle liabilities of the VIE. The Company is not required to provide, and has not provided, material financial or other support to any of these VIEs. Effective January 1, 2016, the Company adopted new FASB guidance ( ASU 2015-02, Consolidation (Topic 810): Amendments to Consolidation Analysis) that resulted in the deconsolidation of certain of its previously consolidated CLOs. See Note 2 for additional information. Additionally, the Company is the primary beneficiary of certain VIEs in which the Company has invested, as part of its investment activities, but for which it is not the investment manager. These include structured investments issued by a VIE that manages yen-denominated investments coupled with cross-currency coupon swap agreements thereby creating synthetic dual currency investments. The Company’s involvement in the structuring of these investments combined with its economic interest indicates that the Company is the primary beneficiary. The Company has not provided material financial support or other support that was not contractually required to these VIEs. The table below reflects the carrying amount and balance sheet caption in which the assets and liabilities of consolidated VIEs are reported. The liabilities primarily comprise obligations under debt instruments issued by the VIEs that are non-recourse to the Company. The creditors of these VIEs do not have recourse to the Company in excess of the assets contained within the VIEs. Consolidated VIEs for Which the Company is the Investment Manager Other Consolidated VIEs September 30, 2016(1) December 31, September 30, December 31, (in millions) Fixed maturities, available-for-sale $ 75 $ 0 $ 308 $ 179 Fixed maturities, held-to-maturity 93 0 902 760 Trading account assets supporting insurance liabilities 0 0 10 10 Other trading account assets 3,325 9,536 0 0 Commercial mortgage and other loans 542 0 0 300 Other long-term investments 973 0 96 155 Cash and cash equivalents 537 337 0 1 Accrued investment income 18 56 4 3 Other assets 498 324 0 3 Total assets of consolidated VIEs $ 6,061 $ 10,253 $ 1,320 $ 1,411 Notes issued by consolidated VIEs $ 2,722 $ 8,597 $ 0 $ 0 Other liabilities 481 674 13 3 Total liabilities of consolidated VIEs $ 3,203 $ 9,271 $ 13 $ 3 __________ (1) As a result of the adoption of the new accounting guidance ASU 2015-02 effective January 1, 2016, total assets of consolidated VIEs reflects $1,486 million related to VIEs whose beneficial interests are wholly-owned by consolidated subsidiaries. Recourse is limited to the assets of the respective VIE and does not extend to the general credit of Prudential Financial . As of September 30, 2016, the maturities of these obligations were greater than five years. Unconsolidated Variable Interest Entities The Company has determined that it is not the primary beneficiary of certain VIEs for which it is the investment manager. These VIEs consist primarily of CLOs and investment funds for which the Company has determined that it is not the primary beneficiary as it does not have both (1) the power to direct the activities of the VIE that most significantly impact the economic performance of the entity and (2) the obligation to absorb losses of the entity that could be potentially significant to the VIE or the right to receive benefits from the entity that could be potentially significant. The Company’s maximum exposure to loss resulting from its relationship with unconsolidated VIEs for which it is the investment manager is limited to its investment in the VIEs, which was $408 million and $218 million at September 30, 2016 and December 31, 2015 , respectively. These investments are reflected in “Fixed maturities, available-for-sale,” “Other trading account assets, at fair value” and “Other long-term investments.” The fair value of assets held within these unconsolidated VIEs was $13,109 million and $5,262 million as of September 30, 2016 and December 31, 2015 , respectively. There are no liabilities associated with these unconsolidated VIEs on the Company’s Unaudited Interim Consolidated Statements of Financial Position. In the normal course of its activities, the Company will invest in joint ventures and limited partnerships. These ventures include hedge funds, private equity funds and real estate-related funds and may or may not be VIEs. The Company’s maximum exposure to loss on these investments, both VIEs and non-VIEs, is limited to the amount of its investment. The Company has determined that it is not required to consolidate these entities because either: (1) it does not control them or (2) it does not have the obligation to absorb losses of the entities that could be potentially significant to the entities or the right to receive benefits from the entities that could be potentially significant. The Company classifies these investments as “Other long-term investments” and its maximum exposure to loss associated with these entities was $8,082 million and $7,532 million as of September 30, 2016 and December 31, 2015 , respectively. In addition, in the normal course of its activities, the Company will invest in structured investments including VIEs for which it is not the investment manager. These structured investments typically invest in fixed income investments and are managed by third parties and include asset-backed securities, commercial mortgage-backed securities and residential mortgage-backed securities. The Company’s maximum exposure to loss on these structured investments, both VIEs and non-VIEs, is limited to the amount of its investment. See Note 4 for details regarding the carrying amounts and classification of these assets. The Company has not provided material financial or other support that was not contractually required to these structures. The Company has determined that it is not the primary beneficiary of these structures due to the fact that it does not control these entities.

Closed Block

Closed Block	9 Months Ended
	Sep. 30, 2016
Closed Block Disclosure [Abstract]
Closed Block	CLOSED BLOCK On the date of demutualization, Prudential Insurance established a closed block for certain in force participating insurance policies and annuity products, along with corresponding assets used for the payment of benefits and policyholders’ dividends on these products, (collectively the “Closed Block”), and ceased offering these participating products. The recorded assets and liabilities were allocated to the Closed Block at their historical carrying amounts. The Closed Block forms the principal component of the Closed Block division. The policies included in the Closed Block are specified individual life insurance policies and individual annuity contracts that were in force on the date of demutualization and for which Prudential Insurance is currently paying or expects to pay experience-based policy dividends. Assets have been allocated to the Closed Block in an amount that has been determined to produce cash flows which, together with revenues from policies included in the Closed Block, are expected to be sufficient to support obligations and liabilities relating to these policies, including provision for payment of benefits, certain expenses and taxes and to provide for continuation of the policyholder dividend scales in effect in 2000, assuming experience underlying such scales continues. To the extent that, over time, cash flows from the assets allocated to the Closed Block and claims and other experience related to the Closed Block are, in the aggregate, more or less favorable than what was assumed when the Closed Block was established, total dividends paid to Closed Block policyholders may be greater than or less than the total dividends that would have been paid to these policyholders if the policyholder dividend scales in effect in 2000 had been continued. Any cash flows in excess of amounts assumed will be available for distribution over time to Closed Block policyholders and will not be available to stockholders. If the Closed Block has insufficient funds to make guaranteed policy benefit payments, such payments will be made from Prudential Insurance’s assets outside of the Closed Block. The Closed Block will continue in effect as long as any policy in the Closed Block remains in force unless, with the consent of the New Jersey insurance regulator, it is terminated earlier. The excess of Closed Block liabilities over Closed Block assets at the date of the demutualization (adjusted to eliminate the impact of related amounts in AOCI) represented the estimated maximum future earnings at that date from the Closed Block expected to result from operations attributed to the Closed Block after income taxes. In establishing the Closed Block, the Company developed an actuarial calculation of the timing of such maximum future earnings. If actual cumulative earnings of the Closed Block from inception through the end of any given period are greater than the expected cumulative earnings, only the expected earnings will be recognized in income. Any excess of actual cumulative earnings over expected cumulative earnings will represent undistributed accumulated earnings attributable to policyholders, which are recorded as a policyholder dividend obligation. The policyholder dividend obligation represents amounts to be paid to Closed Block policyholders as an additional policyholder dividend unless otherwise offset by future Closed Block performance that is less favorable than originally expected. If the actual cumulative earnings of the Closed Block from its inception through the end of any given period are less than the expected cumulative earnings of the Closed Block, the Company will recognize only the actual earnings in income. However, the Company may reduce policyholder dividend scales, which would be intended to increase future actual earnings until the actual cumulative earnings equaled the expected cumulative earnings. As of September 30, 2016 and December 31, 2015 , the Company recognized a policyholder dividend obligation of $1,572 million and $1,694 million , respectively, to Closed Block policyholders for the excess of actual cumulative earnings over the expected cumulative earnings. Additionally, accumulated net unrealized investment gains that have arisen subsequent to the establishment of the Closed Block have been reflected as a policyholder dividend obligation of $4,795 million and $2,815 million at September 30, 2016 and December 31, 2015 , respectively, to be paid to Closed Block policyholders unless offset by future experience, with a corresponding amount reported in AOCI. Closed Block liabilities and assets designated to the Closed Block, as well as maximum future earnings to be recognized from Closed Block liabilities and Closed Block assets, are as follows: September 30, December 31, (in millions) Closed Block liabilities Future policy benefits $ 49,282 $ 49,538 Policyholders’ dividends payable 986 945 Policyholders’ dividend obligation 6,367 4,509 Policyholders’ account balances 5,213 5,250 Other Closed Block liabilities 3,861 4,171 Total Closed Block liabilities 65,709 64,413 Closed Block assets Fixed maturities, available-for-sale, at fair value 40,092 37,584 Other trading account assets, at fair value 296 288 Equity securities, available-for-sale, at fair value 2,458 2,726 Commercial mortgage and other loans 9,650 9,770 Policy loans 4,696 4,790 Other long-term investments 3,036 2,921 Short-term investments 680 1,467 Total investments 60,908 59,546 Cash and cash equivalents 990 1,036 Accrued investment income 520 506 Other Closed Block assets 456 458 Total Closed Block assets 62,874 61,546 Excess of reported Closed Block liabilities over Closed Block assets 2,835 2,867 Portion of above representing accumulated other comprehensive income: Net unrealized investment gains (losses) 4,777 2,800 Allocated to policyholder dividend obligation (4,795 ) (2,815 ) Future earnings to be recognized from Closed Block assets and Closed Block liabilities $ 2,817 $ 2,852 Information regarding the policyholder dividend obligation is as follows: Nine Months Ended (in millions) Balance, January 1 $ 4,509 Impact from earnings allocable to policyholder dividend obligation (124 ) Change in net unrealized investment gains (losses) allocated to policyholder dividend obligation 1,982 Balance, September 30 $ 6,367 Closed Block revenues and benefits and expenses for the three and nine months ended September 30, 2016 and 2015 , were as follows: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Revenues Premiums $ 599 $ 611 $ 1,913 $ 1,946 Net investment income 707 674 1,968 2,025 Realized investment gains (losses), net 152 94 259 633 Other income (loss) 27 (8 ) 29 13 Total Closed Block revenues 1,485 1,371 4,169 4,617 Benefits and Expenses Policyholders’ benefits 758 760 2,423 2,476 Interest credited to policyholders’ account balances 34 34 101 101 Dividends to policyholders 550 350 1,372 1,537 General and administrative expenses 100 106 303 321 Total Closed Block benefits and expenses 1,442 1,250 4,199 4,435 Closed Block revenues, net of Closed Block benefits and expenses, before income taxes and discontinued operations 43 121 (30 ) 182 Income tax expense (benefit) 30 110 (65 ) 149 Closed Block revenues, net of Closed Block benefits and expenses and income taxes, before discontinued operations 13 11 35 33 Income (loss) from discontinued operations, net of taxes 0 0 0 0 Closed Block revenues, net of Closed Block benefits and expenses, income taxes and discontinued operations $ 13 $ 11 $ 35 $ 33

Equity

Equity	9 Months Ended
	Sep. 30, 2016
Stockholders' Equity Note [Abstract]
Equity	EQUITY The changes in the number of shares of Common Stock issued, held in treasury and outstanding, are as follows for the periods indicated: Common Stock Issued Held In Treasury Outstanding (in millions) Balance, December 31, 2015 660.1 213.0 447.1 Common Stock issued 0.0 0.0 0.0 Common Stock acquired 0.0 18.5 (18.5 ) Stock-based compensation programs(1) 0.0 (3.1 ) 3.1 Balance, September 30, 2016 660.1 228.4 431.7 __________ (1) Represents net shares issued from treasury pursuant to the Company’s stock-based compensation program. In December 2015 , Prudential Financial’s Board of Directors authorized the Company to repurchase at management’s discretion up to $1.5 billion of its outstanding Common Stock during the period from January 1, 2016 through December 31, 2016. Effective January 1, 2016, this authorization superseded the Company’s previous $1.0 billion share repurchase authorization that covered the period from July 1, 2015 through June 30, 2016. In August 2016, the Board of Directors authorized a $500 million increase to the authorization for calendar year 2016. As a result, the Company’s aggregate share repurchase authorization for the full year 2016 is $2.0 billion . As of September 30, 2016 , 18.5 million shares of the Company’s Common Stock were repurchased under this authorization at a total cost of $1,375 million . The timing and amount of share repurchases are determined by management based upon market conditions and other considerations, and repurchases may be effected in the open market, through derivative, accelerated repurchase and other negotiated transactions and through prearranged trading plans complying with Rule 10b5-1(c) under the Securities Exchange Act of 1934. Numerous factors could affect the timing and amount of any future repurchases under the share repurchase authorization, including increased capital needs of the Company due to changes in regulatory capital requirements, opportunities for growth and acquisitions, and the effect of adverse market conditions on the segments. Class B Stock On January 2, 2015, pursuant to a Share Repurchase Agreement entered into on December 1, 2014, between the Company and the holders of the Class B Stock, the Company repurchased and canceled all of the shares of the Class B Stock for an aggregate cash purchase price of $651 million , resulting in the elimination of the Class B Stock held in treasury, a $484 million decrease in “Retained earnings” and a $167 million decrease in “Additional paid-in capital.” In accordance with the terms of the Share Repurchase Agreement, the holders of the Class B Stock subsequently exercised their right to dispute the calculation of the purchase price. This dispute was resolved during the first quarter of 2016, resulting in an increase to the cash purchase price of $119 million , bringing the total aggregate purchase price to $770 million . The increase to the cash purchase price resulted in a corresponding decrease in “Retained earnings.” Accumulated Other Comprehensive Income (Loss) The balance of and changes in each component of “Accumulated other comprehensive income (loss) attributable to Prudential Financial, Inc.” for the nine months ended September 30, 2016 and 2015 , are as follows: Accumulated Other Comprehensive Income (Loss) Attributable to Prudential Financial, Inc. Foreign Currency Translation Adjustment Net Unrealized Investment Gains (Losses)(1) Pension and Postretirement Unrecognized Net Periodic Benefit (Cost) Total Accumulated Other Comprehensive Income (Loss) (in millions) Balance, December 31, 2015 $ (1,087 ) $ 15,773 $ (2,401 ) $ 12,285 Change in OCI before reclassifications 1,921 17,851 (44 ) 19,728 Amounts reclassified from AOCI 11 (1,209 ) 161 (1,037 ) Income tax benefit (expense) (375 ) (5,635 ) (41 ) (6,051 ) Balance, September 30, 2016 $ 470 $ 26,780 $ (2,325 ) $ 24,925 Accumulated Other Comprehensive Income (Loss) Attributable to Prudential Financial, Inc. Foreign Currency Translation Adjustment Net Unrealized Investment Gains (Losses)(1) Pension and Postretirement Unrecognized Net Periodic Benefit (Cost) Total Accumulated Other Comprehensive Income (Loss) (in millions) Balance, December 31, 2014 $ (975 ) $ 19,251 $ (2,226 ) $ 16,050 Change in OCI before reclassifications (203 ) (2,386 ) 8 (2,581 ) Amounts reclassified from AOCI 5 (1,657 ) 145 (1,507 ) Income tax benefit (expense) 86 1,469 (54 ) 1,501 Balance, September 30, 2015 $ (1,087 ) $ 16,677 $ (2,127 ) $ 13,463 __________ (1) Includes cash flow hedges of $1,093 million and $1,165 million as of September 30, 2016 and December 31, 2015 , respectively, and $1,017 million and $206 million as of September 30, 2015 and December 31, 2014 , respectively. Reclassifications out of Accumulated Other Comprehensive Income (Loss) Three Months Ended Nine Months Ended Affected line item in Consolidated Statement of Operations 2016 2015 2016 2015 (in millions) Amounts reclassified from AOCI(1)(2): Foreign currency translation adjustment: Foreign currency translation adjustments $ (3 ) $ (4 ) $ (11 ) $ (5 ) Realized investment gains (losses), net Total foreign currency translation adjustment (3 ) (4 ) (11 ) (5 ) Net unrealized investment gains (losses): Cash flow hedges—Interest Rate (1 ) (2 ) (4 ) (5 ) (3) Cash flow hedges—Currency/Interest rate 83 85 265 147 (3) Net unrealized investment gains (losses) on available-for-sale securities 489 327 948 1,515 Total net unrealized investment gains (losses) 571 410 1,209 1,657 (4) Amortization of defined benefit pension items: Prior service cost 2 3 6 10 (5) Actuarial gain (loss) (56 ) (52 ) (167 ) (155 ) (5) Total amortization of defined benefit pension items (54 ) (49 ) (161 ) (145 ) Total reclassifications for the period $ 514 $ 357 $ 1,037 $ 1,507 __________ (1) All amounts are shown before tax. (2) Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI. (3) See Note 14 for additional information on cash flow hedges. (4) See table below for additional information on unrealized investment gains (losses), including the impact on deferred policy acquisition and other costs, future policy benefits and policyholders’ dividends. (5) See Note 10 for information on employee benefit plans. Net Unrealized Investment Gains (Losses) Net unrealized investment gains (losses) on securities classified as available-for-sale and certain other long-term investments and other assets are included in the Company’s Unaudited Interim Consolidated Statements of Financial Position as a component of AOCI. Changes in these amounts include reclassification adjustments to exclude from “Other comprehensive income (loss)” those items that are included as part of “Net income” for a period that had been part of “Other comprehensive income (loss)” in earlier periods. The amounts for the periods indicated below, split between amounts related to fixed maturity securities on which an OTTI loss has been recognized, and all other net unrealized investment gains (losses), are as follows: Net Unrealized Investment Gains (Losses) on Fixed Maturity Securities on which an OTTI loss has been recognized Net Unrealized DAC, DSI and VOBA Future Policy Benefits and Policyholders’ Account Balances Policyholders’ Dividends Deferred Accumulated Other Comprehensive Income (Loss) Related To Net Unrealized Investment Gains (Losses) (in millions) Balance, December 31, 2015 $ 234 $ 6 $ 14 $ (31 ) $ (77 ) $ 146 Net investment gains (losses) on investments arising during the period 107 (36 ) 71 Reclassification adjustment for (gains) losses included in net income 1 0 1 Reclassification adjustment for OTTI losses excluded from net income(1) (11 ) 4 (7 ) Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA (9 ) 3 (6 ) Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances (26 ) 7 (19 ) Impact of net unrealized investment (gains) losses on policyholders’ dividends (9 ) 3 (6 ) Balance, September 30, 2016 $ 331 $ (3 ) $ (12 ) $ (40 ) $ (96 ) $ 180 __________ (1) Represents “transfers in” related to the portion of OTTI losses recognized during the period that were not recognized in earnings for securities with no prior OTTI loss. All Other Net Unrealized Investment Gains (Losses) in AOCI Net Unrealized Gains (Losses) on Investments(1) DAC, DSI and VOBA Future Policy Benefits and Policyholders’ Account Balances Policyholders’ Dividends Deferred Income Tax (Liability) Benefit Accumulated Other Comprehensive Income (Loss) Related To Net Unrealized Investment Gains (Losses) (in millions) Balance, December 31, 2015 $ 28,240 $ (760 ) $ (1,082 ) $ (2,802 ) $ (7,969 ) $ 15,627 Net investment gains (losses) on investments arising during the period 21,764 (7,332 ) 14,432 Reclassification adjustment for (gains) losses included in net income (1,210 ) 408 (802 ) Reclassification adjustment for OTTI losses excluded from net income(2) 11 (4 ) 7 Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA (1,343 ) 434 (909 ) Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances (650 ) 185 (465 ) Impact of net unrealized investment (gains) losses on policyholders’ dividends (1,983 ) 693 (1,290 ) Balance, September 30, 2016 $ 48,805 $ (2,103 ) $ (1,732 ) $ (4,785 ) $ (13,585 ) $ 26,600 __________ (1) Includes cash flow hedges. See Note 14 for information on cash flow hedges. (2) Represents “transfers out” related to the portion of OTTI losses recognized during the period that were not recognized in earnings for securities with no prior OTTI loss.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE A reconciliation of the numerators and denominators of the basic and diluted per share computations of Common Stock based on the consolidated earnings of Prudential Financial for the periods indicated, is as follows: Three Months Ended September 30, 2016 2015 Income Weighted Per Share Income Weighted Per Share (in millions, except per share amounts) Basic earnings per share Income (loss) from continuing operations $ 1,832 $ 1,467 Less: Income (loss) attributable to noncontrolling interests 5 2 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards 21 14 Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock $ 1,806 435.9 $ 4.14 $ 1,451 451.0 $ 3.22 Effect of dilutive securities and compensation programs Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic $ 21 $ 14 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted 21 15 Stock options 1.9 2.3 Deferred and long-term compensation programs 0.9 0.9 Exchangeable Surplus Notes 4 5.6 4 5.5 Diluted earnings per share Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock $ 1,810 444.3 $ 4.07 $ 1,454 459.7 $ 3.16 Nine Months Ended September 30, 2016 2015 Income Weighted Per Share Income Weighted Per Share (in millions, except per share amounts) Basic earnings per share Income (loss) from continuing operations $ 4,126 $ 4,972 Less: Income (loss) attributable to noncontrolling interests 42 65 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards 47 48 Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock $ 4,037 440.7 $ 9.16 $ 4,859 452.6 $ 10.74 Effect of dilutive securities and compensation programs Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic $ 47 $ 48 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted 46 48 Stock options 1.7 2.4 Deferred and long-term compensation programs 0.9 0.9 Exchangeable Surplus Notes 13 5.6 13 5.5 Diluted earnings per share Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock $ 4,051 448.9 $ 9.02 $ 4,872 461.4 $ 10.56 Unvested share-based payment awards that contain nonforfeitable rights to dividends are participating securities and included in the computation of earnings per share pursuant to the two-class method. Under this method, earnings attributable to Prudential Financial are allocated between Common Stock and the participating awards, as if the awards were a second class of stock. During periods of income from continuing operations available to holders of Common Stock, the calculation of earnings per share excludes the income attributable to participating securities in the numerator and the dilutive impact of these securities from the denominator. In the event of loss from continuing operations available to holders of Common Stock, undistributed earnings are not allocated to participating securities and the denominator excludes the dilutive impact of these securities as they do not share in the losses of the Company. Undistributed earnings allocated to participating unvested share-based payment awards for the three months ended September 30, 2016 and 2015 , as applicable, were based on 5.0 million and 4.4 million of such awards, respectively, and for the nine months ended September 30, 2016 and 2015 , as applicable, were based on 5.1 million and 4.5 million of such awards, respectively, weighted for the period they were outstanding. Stock options and shares related to deferred and long-term compensation programs that are considered antidilutive are excluded from the computation of dilutive earnings per share. Stock options are considered antidilutive based on application of the treasury stock method or in the event of loss from continuing operations available to holders of Common Stock. Shares related to deferred and long-term compensation programs are considered antidilutive in the event of loss from continuing operations available to holders of Common Stock. For the periods indicated, the number of stock options and shares related to deferred and long-term compensation programs that were considered antidilutive and were excluded from the computation of diluted earnings per share, weighted for the portion of the period they were outstanding, are as follows: Three Months Ended September 30, 2016 2015 Shares Exercise Price Shares Exercise Price (in millions, except per share amounts, based on weighted average) Antidilutive stock options based on application of the treasury stock method 3.3 $ 85.22 2.5 $ 88.00 Antidilutive stock options due to loss from continuing operations available to holders of Common Stock 0.0 0.0 Antidilutive shares due to loss from continuing operations available to holders of Common Stock 0.0 0.0 Total antidilutive stock options and shares 3.3 2.5 Nine Months Ended September 30, 2016 2015 Shares Exercise Price Shares Exercise Price (in millions, except per share amounts, based on weighted average) Antidilutive stock options based on application of the treasury stock method 3.6 $ 83.95 2.4 $ 87.95 Antidilutive stock options due to loss from continuing operations available to holders of Common Stock 0.0 0.0 Antidilutive shares due to loss from continuing operations available to holders of Common Stock 0.0 0.0 Total antidilutive stock options and shares 3.6 2.4 In September 2009, the Company issued $500 million of surplus notes with an interest rate of 5.36% per annum which are exchangeable at the option of the note holders for shares of Common Stock. The initial exchange rate for the surplus notes was 10.1235 shares of Common Stock per each $1,000 principal amount of surplus notes, which represents an initial exchange price per share of Common Stock of $98.78 ; however, the exchange rate is subject to customary anti-dilution adjustments. In calculating diluted earnings per share under the if-converted method, the potential shares that would be issued assuming a hypothetical exchange, weighted for the period the notes are outstanding, are added to the denominator, and interest expense, net of tax, is added to the numerator, if the overall effect is dilutive.

Short-Term and Long-Term Debt

Short-Term and Long-Term Debt	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Short-Term and Long-Term Debt	SHORT-TERM AND LONG-TERM DEBT Short-term Debt The table below presents the Company’s short-term debt as of the dates indicated: September 30, 2016 December 31, 2015 ($ in millions) Commercial paper: Prudential Financial $ 45 $ 80 Prudential Funding, LLC 430 384 Subtotal commercial paper 475 464 Current portion of long-term debt 432 752 Total short-term debt(1) $ 907 $ 1,216 Supplemental short-term debt information: Portion of commercial paper borrowings due overnight $ 178 $ 331 Daily average commercial paper outstanding $ 1,015 $ 1,127 Weighted average maturity of outstanding commercial paper, in days 20 10 Weighted average interest rate on outstanding short-term debt(2) 0.40 % 0.16 % __________ (1) Includes Prudential Financial debt of $154 million and $831 million at September 30, 2016 and December 31, 2015 , respectively. (2) Excludes the current portion of long-term debt. Commercial Paper Prudential Financial has a commercial paper program with an authorized capacity of $3.0 billion . Prudential Financial’s commercial paper borrowings have generally been used to fund the working capital needs of Prudential Financial’s subsidiaries and provide short-term liquidity at Prudential Financial. Prudential Funding, LLC (“Prudential Funding”), a wholly-owned subsidiary of Prudential Insurance, has a commercial paper program with an authorized capacity of $7.0 billion . Prudential Funding commercial paper borrowings generally have served as an additional source of financing to meet the working capital needs of Prudential Insurance and its subsidiaries. Prudential Funding also lends to other subsidiaries of Prudential Financial up to limits agreed with the New Jersey Department of Banking and Insurance (“NJDOBI”). Prudential Funding maintains a support agreement with Prudential Insurance whereby Prudential Insurance has agreed to maintain Prudential Funding’s tangible net worth at a positive level. Additionally, Prudential Financial has issued a subordinated guarantee covering Prudential Funding’s $7.0 billion commercial paper program. Federal Home Loan Bank of New York Prudential Insurance is a member of the Federal Home Loan Bank of New York (“FHLBNY”). Membership allows Prudential Insurance access to the FHLBNY’s financial services, including the ability to obtain collateralized advances and to issue collateralized funding agreements. Under applicable law, the funding agreements issued to the FHLBNY have priority claim status above debt holders of Prudential Insurance. FHLBNY borrowings and funding agreements are collateralized by qualifying mortgage-related assets or U.S. Treasury securities, the fair value of which must be maintained at certain specified levels relative to outstanding borrowings. FHLBNY membership requires Prudential Insurance to own member stock and borrowings require the purchase of activity-based stock in an amount equal to 4.5% of outstanding borrowings. Under FHLBNY guidelines, if any of Prudential Insurance’s financial strength ratings decline below A/A2/A Stable by S&P/Moody’s/Fitch, respectively, and the FHLBNY does not receive written assurances from the NJDOBI regarding Prudential Insurance’s solvency, new borrowings from the FHLBNY would be limited to a term of 90 days or less. Currently, there are no restrictions on the term of borrowings from the FHLBNY. NJDOBI permits Prudential Insurance to pledge collateral to the FHLBNY in an amount of up to 5% of its prior year-end statutory net admitted assets, excluding separate account assets. Based on Prudential Insurance’s statutory net admitted assets as of December 31, 2015 , the 5% limitation equates to a maximum amount of pledged assets of $5.8 billion and an estimated maximum borrowing capacity (after taking into account required collateralization levels) of approximately $5.0 billion . Nevertheless, FHLBNY borrowings are subject to the FHLBNY’s discretion and to the availability of qualifying assets at Prudential Insurance. As of September 30, 2016 , Prudential Insurance had pledged assets with a fair value of $1.1 billion supporting outstanding funding agreements totaling $1.0 billion , which are included in “Policyholders’ account balances.” The fair value of qualifying assets that were available to Prudential Insurance, but not pledged, amounted to $6.7 billion as of September 30, 2016 . Prudential Insurance had no other advances outstanding under the FHLB facility as of September 30, 2016 . Federal Home Loan Bank of Boston Prudential Retirement Insurance and Annuity Company (“PRIAC”) is a member of the Federal Home Loan Bank of Boston (“FHLBB”). Membership allows PRIAC access to collateralized advances which will be classified in “Short-term debt” or “Long-term debt,” depending on the maturity date of the obligation. PRIAC’s membership in FHLBB requires the ownership of member stock and borrowings from FHLBB require the purchase of activity-based stock in an amount between 3.0% and 4.5% of outstanding borrowings, depending on the maturity date of the obligation. As of September 30, 2016 , PRIAC had no advances outstanding under the FHLBB facility. Under Connecticut state insurance law, without the prior consent of the Connecticut Insurance Department, the amount of assets insurers may pledge to secure debt obligations is limited to the lesser of 5% of prior year statutory admitted assets or 25% of prior year statutory surplus, resulting in a maximum borrowing capacity for PRIAC under the FHLBB facility of approximately $244 million as of September 30, 2016 . Credit Facilities As of September 30, 2016 , the Company maintained syndicated, unsecured committed credit facilities as described below. Borrowers Original Term Expiration Date Capacity Amount Outstanding (in millions) Prudential Financial and Prudential Funding 5 years Apr 2020 $ 4,000 $ 0 Prudential Holdings of Japan, Inc. 3 years Sep 2019 ¥ 100,000 ¥ 0 The $4.0 billion five -year facility contains customary representations and warranties, covenants and events of default and borrowings are not contingent on the borrowers’ credit ratings nor subject to material adverse change clauses. Borrowings under this facility are conditioned on the continued satisfaction of customary financial covenants, including Prudential Financial’s maintenance of consolidated net worth of at least $18.985 billion , which is calculated as U.S. GAAP equity, excluding AOCI, equity of noncontrolling interests and equity attributable to the Closed Block. The Company expects that it may borrow under the $4.0 billion five -year facility from time to time to fund its working capital needs. In addition, amounts under this credit facility may be drawn in the form of standby letters of credit that can be used to meet the Company’s operating needs. Prudential Holdings of Japan, Inc. entered into a ¥100 billion three -year facility in September 2016. This facility also contains customary representations and warranties, covenants, and events of default and borrowings are not contingent on the borrowers’ credit ratings nor subject to material adverse change clauses. The ¥100 billion three -year facility also contains a two year term-out option. Borrowings under each of these credit facilities may be used for general corporate purposes. As of September 30, 2016 , the Company was in compliance with the covenants under each of these credit facilities. Put Option Agreement for Senior Debt Issuance In November 2013, Prudential Financial entered into a ten -year put option agreement with a Delaware trust upon the completion of the sale of $1.5 billion of trust securities by that Delaware trust in a Rule 144A private placement. The trust invested the proceeds from the sale of the trust securities in a portfolio of principal and interest strips of U.S. Treasury securities. The put option agreement provides Prudential Financial the right to sell to the trust at any time up to $1.5 billion of 4.419% senior notes due November 2023 and receive in exchange a corresponding amount of the principal and interest strips of the U.S. Treasury securities held by the trust. In return, the Company agreed to pay a semi-annual put premium to the trust at a rate of 1.777% per annum applied to the unexercised portion of the put option. The put option agreement with the trust provides Prudential Financial with a source of liquid assets. The put option described above will be exercised automatically in full upon the Company’s failure to make certain payments to the trust, such as paying the put option premium or reimbursing the trust for its expenses, if the Company’s failure to pay is not cured within 30 days, and upon an event involving its bankruptcy. The Company is also required to exercise the put option if its consolidated stockholders’ equity, calculated in accordance with GAAP but excluding AOCI, falls below $7.0 billion , subject to adjustment in certain cases. The Company has a one-time right to unwind a prior voluntary exercise of the put option by repurchasing all of the senior notes then held by the trust in exchange for principal and interest strips of U.S. Treasury securities. Finally, any of the 4.419% senior notes that Prudential Financial issues may be redeemed prior to their maturity at par or, if greater, a make-whole price, following a voluntary exercise in full of the put option. Long-term Debt Surplus Notes During the first and third quarters of 2016, the Company increased the principal amount of surplus notes outstanding under its captive financing facility initially established in December 2013 for the financing of non-economic reserves required under Guideline AXXX by $140 million and $175 million , respectively. As of September 30, 2016 , an aggregate of $2.4 billion of surplus notes were outstanding under this facility and no credit-linked note payments have been required. During the second quarter of 2016, the Company increased the principal amount of surplus notes outstanding under its captive financing facility initially established in December 2014 for the financing of non-economic reserves required under Regulation XXX by $77 million . As of September 30, 2016 , an aggregate of $1.1 billion of surplus notes were outstanding under this facility and no credit-linked note payments have been required. Under each of the above transactions, because valid rights of set-off exist, interest and principal payments on the surplus notes and on the credit-linked notes are settled on a net basis, and the surplus notes are reflected in the Company’s total consolidated borrowings on a net basis. Senior Notes Medium-Term Notes. Prudential Financial maintains a medium-term notes program under its shelf registration statement with an authorized issuance capacity of $20.0 billion . As of September 30, 2016 , the outstanding balance of the Company’s medium-term notes was $9.6 billion , a decrease of $1.3 billion from December 31, 2015 , due to maturities of $750 million and the repurchase of $500 million of medium-term notes through a tender offer. The repurchase included a prepayment premium and fees totaling $36 million which were recorded to interest expense. Retail Medium-Term Notes. Prudential Financial also maintains a retail medium-term notes program, including the InterNotes ® program, under its shelf registration statement with an authorized issuance capacity of $5.0 billion . As of September 30, 2016 , the outstanding balance of retail notes was $461 million . Mortgage Debt. As of September 30, 2016 , the Company’s subsidiaries had mortgage debt of $662 million that has recourse only to real estate property held for investment by those subsidiaries. This represents an increase of $98 million from December 31, 2015 , primarily due to new borrowings.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS Pension and Other Postretirement Plans The Company has funded and non-funded non-contributory defined benefit pension plans, which cover substantially all of its employees. For some employees, benefits are based on final average earnings and length of service, while benefits for other employees are based on an account balance that takes into consideration age, service and earnings during their career. The Company provides certain health care and life insurance benefits for its retired employees, their beneficiaries and covered dependents (“other postretirement benefits”). The health care plan is contributory; the life insurance plan is non-contributory. Substantially all of the Company’s U.S. employees may become eligible to receive other postretirement benefits if they retire after age 55 with at least 10 years of service or under certain circumstances after age 50 with at least 20 years of continuous service. Net periodic (benefit) cost included in “General and administrative expenses” includes the following components: Three Months Ended September 30, Pension Benefits Other Postretirement Benefits 2016 2015 2016 2015 (in millions) Components of net periodic (benefit) cost Service cost $ 64 $ 61 $ 5 $ 5 Interest cost 125 118 22 21 Expected return on plan assets (189 ) (194 ) (26 ) (29 ) Amortization of prior service cost (2 ) (2 ) 0 (1 ) Amortization of actuarial (gain) loss, net 46 42 10 10 Settlements 1 1 0 0 Special termination benefits 0 0 0 0 Net periodic (benefit) cost $ 45 $ 26 $ 11 $ 6 Nine Months Ended September 30, Pension Benefits Other Postretirement Benefits 2016 2015 2016 2015 (in millions) Components of net periodic (benefit) cost Service cost $ 189 $ 183 $ 14 $ 15 Interest cost 374 352 68 64 Expected return on plan assets (566 ) (581 ) (79 ) (86 ) Amortization of prior service cost (5 ) (6 ) (1 ) (4 ) Amortization of actuarial (gain) loss, net 136 126 31 29 Settlements 3 2 0 0 Special termination benefits 2 4 0 0 Net periodic (benefit) cost $ 133 $ 80 $ 33 $ 18 During the nine months ended September 30, 2016, the Company made cash contributions of $150 million to its pension plans and anticipates making an additional $35 million of cash contributions during the remainder of 2016.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION Segments The Company’s principal operations are comprised of four divisions, which together encompass seven segments, and its Corporate and Other operations. The U.S. Retirement Solutions and Investment Management division consists of the Individual Annuities, Retirement and Asset Management segments. The U.S. Individual Life and Group Insurance division consists of the Individual Life and Group Insurance segments. The International Insurance division consists of the International Insurance segment. The Closed Block division consists of the Closed Block segment. The Closed Block division is accounted for as a divested business that is reported separately from the divested businesses that are included in Corporate and Other operations. Our Corporate and Other operations include corporate items and initiatives that are not allocated to business segments and businesses that have been or will be divested. Adjusted Operating Income The Company analyzes the operating performance of each segment using “adjusted operating income.” Adjusted operating income does not equate to “Income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures” or “Net income (loss)” as determined in accordance with U.S. GAAP but is the measure of segment profit or loss used by the Company’s chief operating decision maker to evaluate segment performance and allocate resources, and consistent with authoritative guidance, is the measure of segment performance presented below. Adjusted operating income is calculated by adjusting each segment’s “Income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures” for the following items, which are described in greater detail below: • realized investment gains (losses), net, and related charges and adjustments; • net investment gains (losses) on trading account assets supporting insurance liabilities and changes in experience-rated contractholder liabilities due to asset value changes; • the contribution to income (loss) of divested businesses that have been or will be sold or exited, including businesses that have been placed in wind down status, but that did not qualify for “discontinued operations” accounting treatment under U.S. GAAP; and • equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests. These items are important to an understanding of overall results of operations. Adjusted operating income is not a substitute for income determined in accordance with U.S. GAAP, and the Company’s definition of adjusted operating income may differ from that used by other companies. However, the Company believes that the presentation of adjusted operating income as measured for management purposes enhances the understanding of results of operations by highlighting the results from ongoing operations and the underlying profitability factors of its businesses. In addition, as discussed in Note 1, during the second quarter, the Company recorded an out of period adjustment resulting in a decrease of $148 million to “Income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures,” which was reflected in the three month period ended June 30, 2016 and the nine month period ended September 30, 2016. The adjustment resulted in a decrease in adjusted operating income before income taxes of $148 million for the Individual Life Insurance segment. Realized investment gains (losses), net, and related charges and adjustments Realized investment gains (losses), net Adjusted operating income excludes “Realized investment gains (losses), net,” except for certain items described below. Significant activity excluded from adjusted operating income includes impairments and credit-related gains (losses) from sales of securities, the timing of which depends largely on market credit cycles and can vary considerably across periods, and interest rate-related gains (losses) from sales of securities, which are largely subject to the Company’s discretion and influenced by market opportunities, as well as the Company’s tax and capital profile. Additionally, certain gains (losses) pertaining to derivative contracts that do not qualify for hedge accounting treatment are also excluded from adjusted operating income. Trends in the underlying profitability of the Company’s businesses can be more clearly identified without the fluctuating effects of these transactions. The following table sets forth the significant components of “Realized investment gains (losses), net” that are included in adjusted operating income and, as a result, are reflected as adjustments to “Realized investment gains (losses), net” for purposes of calculating adjusted operating income: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Net gains (losses) from(1): Terminated hedges of foreign currency earnings $ (10 ) $ 74 $ 33 $ 234 Current period yield adjustments $ 107 $ 121 $ 347 $ 369 Principal source of earnings $ 17 $ 48 $ 44 $ 96 __________ (1) In addition to the items in the table above, “Realized investment gains (losses), net, and related charges and adjustments” also includes an adjustment to reflect “Realized investment gains (losses), net” related to divested businesses as results of “Divested businesses,” discussed below. Terminated Hedges of Foreign Currency Earnings. The amounts shown in the table above primarily reflect the impact of an intercompany arrangement between Corporate and Other operations and the International Insurance segment, pursuant to which the non-U.S. dollar-denominated earnings in all countries for a particular year, including its interim reporting periods, are translated at fixed currency exchange rates. The fixed rates are determined in connection with a currency hedging program designed to mitigate the risk that unfavorable rate changes will reduce the segment’s U.S. dollar equivalent earnings. Pursuant to this program, the Company’s Corporate and Other operations may execute forward currency contracts with third parties to sell the net exposure of projected earnings from the hedged currency in exchange for U.S. dollars at a specified exchange rate. The maturities of these contracts correspond with the future periods in which the identified non-U.S. dollar-denominated earnings are expected to be generated. These contracts do not qualify for hedge accounting under U.S. GAAP, so the resulting profits or losses are recorded in “Realized investment gains (losses), net.” When the contracts are terminated in the same period that the expected earnings emerge, the resulting positive or negative cash flow effect is included in adjusted operating income. Current Period Yield Adjustments. The Company uses interest rate and currency swaps and other derivatives to manage interest and currency exchange rate exposures arising from mismatches between assets and liabilities, including duration mismatches. For derivative contracts that do not qualify for hedge accounting treatment, the periodic swap settlements, as well as certain other derivative related yield adjustments are recorded in “Realized investment gains (losses), net,” and are included in adjusted operating income to reflect the after-hedge yield of the underlying instruments. In certain instances, when these derivative contracts are terminated or offset before their final maturity, the resulting realized gains or losses are recognized in adjusted operating income over periods that generally approximate the expected terms of the derivatives or underlying instruments in order for adjusted operating income to reflect the after-hedge yield of the underlying instruments. Included in the amounts shown in the table above are gains on certain derivative contracts that were terminated or offset before their final maturity of $12 million and $14 million for the three months ended September 30, 2016 and 2015 , respectively, and $36 million and $40 million for the nine months ended September 30, 2016 and 2015 , respectively. Additionally, as of September 30, 2016 , there was a $169 million deferred net gain related to certain derivative contracts that were terminated or offset before their final maturity, primarily in the International Insurance segment. Also included in the amounts shown in the table above are fees related to synthetic Guaranteed Investment Contracts (“GICs”) of $40 million for both the three months ended September 30, 2016 and 2015 , and $118 million and $119 million for the nine months ended September 30, 2016 and 2015 , respectively. Synthetic GICs are accounted for as derivatives under U.S. GAAP and, therefore, these fees are recorded in “Realized investment gains (losses), net.” See Note 14 for additional information on synthetic GICs. Principal Source of Earnings. The Company conducts certain activities for which realized investment gains (losses) are a principal source of earnings for its businesses and therefore included in adjusted operating income, particularly within the Company’s Asset Management segment. For example, Asset Management’s strategic investing business makes investments for sale or syndication to other investors or for placement or co-investment in the Company’s managed funds and structured products. The realized investment gains (losses) associated with the sale of these strategic investments, as well as the majority of derivative results, are a principal activity for this business and included in adjusted operating income. In addition, the realized investment gains (losses) associated with loans originated by the Company’s commercial mortgage operations, as well as related derivative results and retained mortgage servicing rights, are a principal activity for this business and included in adjusted operating income. Other items reflected as adjustments to Realized investment gains (losses), net The following table sets forth certain other items excluded from adjusted operating income and reflected as an adjustment to “Realized investment gains (losses), net” for purposes of calculating adjusted operating income: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Net gains (losses) from: Other trading account assets $ 16 $ (86 ) $ (40 ) $ (118 ) Foreign currency exchange movements $ (314 ) $ (127 ) $ (852 ) $ 31 Other activities $ (8 ) $ 4 $ (12 ) $ 5 Other Trading Account Assets. The Company has certain investments in its general account portfolios that are classified as trading. These trading investments are carried at fair value and included in “Other trading account assets, at fair value” on the Company’s Unaudited Interim Consolidated Statements of Financial Position. Realized and unrealized gains (losses) for these investments are recorded in “Other income.” Consistent with the exclusion of realized investment gains (losses) with respect to other investments managed on a consistent basis, the net gains or losses on these investments are excluded from adjusted operating income. Foreign Currency Exchange Movements. The Company has certain assets and liabilities for which, under U.S. GAAP, the changes in value, including those associated with changes in foreign currency exchange rates during the period, are recorded in “Other income.” To the extent the foreign currency exposure on these assets and liabilities is economically hedged or considered part of the Company’s capital funding strategies for its international subsidiaries, the change in value included in “Other income” is excluded from adjusted operating income. Other Activities. The Company excludes certain other items from adjusted operating income that are consistent with similar adjustments described above. Related charges Charges that relate to realized investment gains (losses) are also excluded from adjusted operating income, and include the following: • The portion of the amortization of DAC, VOBA, unearned revenue reserves and DSI for certain products that is related to net realized investment gains (losses). • Policyholder dividends and interest credited to policyholders’ account balances that relate to certain life policies that pass back certain realized investment gains (losses) to the policyholder, and reserves for future policy benefits for certain policies that are affected by net realized investment gains (losses). • Market value adjustments paid or received upon a contractholder’s surrender of certain of the Company’s annuity products as these amounts mitigate the net realized investment gains or losses incurred upon the disposition of the underlying invested assets. Investment gains (losses) on trading account assets supporting insurance liabilities and changes in experience-rated contractholder liabilities due to asset value changes Certain products included in the Retirement and International Insurance segments are experience-rated in that investment results associated with these products are expected to ultimately accrue to contractholders. The majority of investments supporting these experience-rated products are classified as trading and are carried at fair value, with realized and unrealized gains (losses) reported in “Other income.” To a lesser extent, these experience-rated products are also supported by derivatives and commercial mortgage and other loans. The derivatives are carried at fair value, with realized and unrealized gains (losses) reported in “Realized investment gains (losses), net.” The commercial mortgage and other loans are carried at unpaid principal, net of unamortized discounts and an allowance for losses, with gains (losses) on sales and changes in the valuation allowance for commercial mortgage and other loans reported in “Realized investment gains (losses), net.” Adjusted operating income excludes net investment gains (losses) on trading account assets supporting insurance liabilities, which is consistent with the exclusion of realized investment gains (losses) with respect to other investments supporting insurance liabilities managed on a consistent basis. In addition, to be consistent with the historical treatment of charges related to realized investment gains (losses) on investments, adjusted operating income also excludes the change in contractholder liabilities due to asset value changes in the pool of investments (including changes in the fair value of commercial mortgage and other loans) supporting these experience-rated contracts, which are reflected in “Interest credited to policyholders’ account balances.” These adjustments are in addition to the exclusion from adjusted operating income of net investment gains (losses) on the related derivatives and commercial mortgage and other loans through “Realized investment gains (losses), net, and related charges and adjustments,” as discussed above. The result of this approach is that adjusted operating income for these products includes net fee revenue and interest spread the Company earns on these experience-rated contracts, and excludes changes in fair value of the pool of investments, both realized and unrealized, that are expected to ultimately accrue to the contractholders. Divested businesses The contribution to income (loss) of divested businesses that have been or will be sold or exited, including businesses that have been placed in wind down, but that did not qualify for “discontinued operations” accounting treatment under U.S. GAAP, are excluded from adjusted operating income as the results of divested businesses are not considered relevant to understanding the Company’s ongoing operating results. Equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests Equity in earnings of operating joint ventures, on a pre-tax basis, are included in adjusted operating income as these results are a principal source of earnings. These earnings are reflected on a U.S. GAAP basis on an after-tax basis as a separate line on the Company’s Unaudited Interim Consolidated Statements of Operations. Earnings attributable to noncontrolling interests are excluded from adjusted operating income. Earnings attributable to noncontrolling interests represents the portion of earnings from consolidated entities that relates to the equity interests of minority investors, and are reflected on a U.S. GAAP basis as a separate line on the Company’s Unaudited Interim Consolidated Statements of Operations. Reconciliation of adjusted operating income and net income (loss) The table below reconciles adjusted operating income before income taxes to income from continuing operations before income taxes and equity in earnings of operating joint ventures: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Adjusted Operating Income before income taxes by Segment: Individual Annuities $ 588 $ 310 $ 1,343 $ 1,387 Retirement 239 242 694 763 Asset Management 191 180 563 581 Total U.S. Retirement Solutions and Investment Management division 1,018 732 2,600 2,731 Individual Life 111 183 (59 ) 536 Group Insurance 62 44 177 149 Total U.S. Individual Life and Group Insurance division 173 227 118 685 International Insurance 780 812 2,362 2,488 Total International Insurance division 780 812 2,362 2,488 Corporate and Other operations (413 ) (308 ) (1,140 ) (855 ) Total Corporate and Other (413 ) (308 ) (1,140 ) (855 ) Total adjusted operating income before income taxes 1,558 1,463 3,940 5,049 Reconciling items: Realized investment gains (losses), net, and related adjustments 223 1,117 2,443 2,719 Charges related to realized investment gains (losses), net 426 (679 ) (1,096 ) (944 ) Investment gains (losses) on trading account assets supporting insurance liabilities, net 37 (228 ) 361 (365 ) Change in experience-rated contractholder liabilities due to asset value changes 1 258 (262 ) 295 Divested businesses: Closed Block division 31 108 (74 ) 138 Other divested businesses 56 8 76 (26 ) Equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests (17 ) 2 0 60 Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures $ 2,315 $ 2,049 $ 5,388 $ 6,926 The Individual Annuities segment results reflect DAC as if the individual annuity business is a stand-alone operation. The elimination of intersegment costs capitalized in accordance with this policy is included in consolidating adjustments within Corporate and Other operations. Reconciliation of select financial information The table below presents revenues and total assets for the Company’s reportable segments for the periods or as of the dates indicated: Revenues Total Assets Three Months Ended Nine Months Ended September 30, December 31, 2015(1) 2016 2015 2016 2015 (in millions) Individual Annuities $ 1,221 $ 1,167 $ 3,473 $ 3,554 $ 177,946 $ 169,447 Retirement 5,134 1,937 9,268 7,595 177,765 171,183 Asset Management 750 704 2,188 2,213 51,103 54,491 Total U.S. Retirement Solutions and Investment Management division 7,105 3,808 14,929 13,362 406,814 395,121 Individual Life 1,410 1,375 3,931 3,886 79,296 71,856 Group Insurance 1,333 1,294 4,017 3,862 41,906 39,344 Total U.S. Individual Life and Group Insurance division 2,743 2,669 7,948 7,748 121,202 111,200 International Insurance 5,384 4,750 15,771 14,693 215,930 175,153 Total International Insurance division 5,384 4,750 15,771 14,693 215,930 175,153 Corporate and Other operations (182 ) (149 ) (494 ) (418 ) 12,454 13,654 Total Corporate and Other (182 ) (149 ) (494 ) (418 ) 12,454 13,654 Total 15,050 11,078 38,154 35,385 756,400 695,128 Reconciling items: Realized investment gains (losses), net, and related adjustments 223 1,117 2,443 2,719 Charges related to realized investment gains (losses), net (19 ) 72 57 (7 ) Investment gains (losses) on trading account assets supporting insurance liabilities, net 37 (228 ) 361 (365 ) Divested businesses: Closed Block division 1,481 1,368 4,156 4,612 63,465 62,127 Other divested businesses 209 190 602 523 Equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests (20 ) 2 (44 ) (4 ) Total per Unaudited Interim Consolidated Financial Statements $ 16,961 $ 13,599 $ 45,729 $ 42,863 $ 819,865 $ 757,255 __________ (1) Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-03. The Asset Management segment revenues include intersegment revenues primarily consisting of asset-based management and administration fees as follows: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Asset Management segment intersegment revenues $ 173 $ 159 $ 504 $ 506 Management has determined the intersegment revenues with reference to market rates. Intersegment revenues are eliminated in consolidation in Corporate and Other.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company’s liability for income taxes includes the liability for unrecognized tax benefits, interest and penalties which relate to tax years still subject to review by the Internal Revenue Service (“IRS”) or other taxing authorities. Audit periods remain open for review until the statute of limitations has passed. Generally, for tax years which produce net operating losses, capital losses or tax credit carryforwards (“tax attributes”), the statute of limitations does not close, to the extent of these tax attributes, until the expiration of the statute of limitations for the tax year in which they are fully utilized. The completion of review or the expiration of the statute of limitations for a given audit period could result in an adjustment to the liability for income taxes. The Company does not anticipate any significant changes within the next 12 months to its total unrecognized tax benefits related to tax years for which the statute of limitations has not expired. Listed below are the tax years that remain subject to examination by major tax jurisdiction, at September 30, 2016: Major Tax Jurisdiction Open Tax Years United States 2009 – 2015 Japan Fiscal years ended March 31, 2012 – 2016 Korea Fiscal years ended March 31, 2012 and 2013, the periods ended December 31, 2014 and 2015 The dividends received deduction (“DRD”) reduces the amount of dividend income subject to U.S. tax and is a significant component of the difference between the Company’s effective tax rate and the federal statutory tax rate of 35% . The DRD for the current period was estimated using information from 2015 and current year results, and was adjusted to take into account the current year’s equity market performance and expected business results. The actual current year DRD can vary from the estimate based on factors such as, but not limited to, changes in the amount of dividends received that are eligible for the DRD, changes in the amount of distributions received from investments, changes in the account balances of variable life and annuity contracts, and the Company’s taxable income before the DRD. There is a possibility that the IRS and the U.S. Treasury will address, through guidance, their issues related to the calculation of the DRD. For the last several years, the revenue proposals included in the Obama Administration’s budgets included proposed changes to the method used to determine the amount of the DRD. A change in the DRD, including the possible retroactive or prospective elimination of this deduction through guidance or legislation, could increase actual tax expense and reduce the Company’s consolidated net income. For tax years 2009 through 2016, the Company is participating in the IRS’s Compliance Assurance Program (“CAP”). Under CAP, the IRS assigns an examination team to review completed transactions as they occur in order to reach agreement with the Company on how they should be reported in the relevant tax return. If disagreements arise, accelerated resolutions programs are available to try to resolve the disagreements in a timely manner before the tax return is filed.

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value of Assets and Liabilities	FAIR VALUE OF ASSETS AND LIABILITIES Fair Value Measurement —Fair value represents the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The authoritative fair value guidance establishes a framework for measuring fair value that includes a hierarchy used to classify the inputs used in measuring fair value. The level in the fair value hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement. The levels of the fair value hierarchy are as follows: Level 1—Fair value is based on unadjusted quoted prices in active markets that are accessible to the Company for identical assets or liabilities. The Company’s Level 1 assets and liabilities primarily include certain cash equivalents and short-term investments, equity securities and derivative contracts that trade on an active exchange market. Level 2—Fair value is based on significant inputs, other than quoted prices included in Level 1, that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability through corroboration with observable market data. Level 2 inputs include quoted market prices in active markets for similar assets and liabilities, quoted market prices in markets that are not active for identical or similar assets or liabilities, and other market observable inputs. The Company’s Level 2 assets and liabilities include: fixed maturities (corporate public and private bonds, most government securities, certain asset-backed and mortgage-backed securities, etc.), certain equity securities (mutual funds, which do not trade in active markets because they are not publicly available), certain commercial mortgage loans, short-term investments and certain cash equivalents (primarily commercial paper), and certain over-the-counter (“OTC”) derivatives. Level 3—Fair value is based on at least one significant unobservable input for the asset or liability. The assets and liabilities in this category may require significant judgment or estimation in determining the fair value. The Company’s Level 3 assets and liabilities primarily include: certain private fixed maturities and equity securities, certain manually priced public equity securities and fixed maturities, certain highly structured OTC derivative contracts, certain commercial mortgage loans, certain consolidated real estate funds for which the Company is the general partner and embedded derivatives resulting from certain products with guaranteed benefits. Assets and Liabilities by Hierarchy Level —The tables below present the balances of assets and liabilities reported at fair value on a recurring basis, as of the dates indicated. As of September 30, 2016 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 0 $ 25,725 $ 0 $ $ 25,725 Obligations of U.S. states and their political subdivisions 0 9,862 5 9,867 Foreign government bonds 0 108,270 130 108,400 U.S. corporate public securities 0 87,388 228 87,616 U.S. corporate private securities(7) 0 31,183 1,285 32,468 Foreign corporate public securities 0 30,507 142 30,649 Foreign corporate private securities 0 20,369 626 20,995 Asset-backed securities(8) 0 7,200 3,175 10,375 Commercial mortgage-backed securities 0 12,338 163 12,501 Residential mortgage-backed securities 0 4,477 171 4,648 Subtotal 0 337,319 5,925 343,244 Trading account assets(2): U.S. Treasury securities and obligations of U.S. government authorities and agencies 0 378 0 378 Obligations of U.S. states and their political subdivisions 0 208 0 208 Foreign government bonds 0 789 40 829 Corporate securities 0 17,897 225 18,122 Asset-backed securities(8) 0 1,148 240 1,388 Commercial mortgage-backed securities 0 1,960 1 1,961 Residential mortgage-backed securities 0 1,324 2 1,326 Equity securities 1,513 230 552 2,295 All other(3) 304 21,585 2 (19,011 ) 2,880 Subtotal 1,817 45,519 1,062 (19,011 ) 29,387 Equity securities, available-for-sale 6,056 3,411 298 9,765 Commercial mortgage and other loans 0 572 0 572 Other long-term investments 6 100 14 (17 ) 103 Short-term investments 3,485 1,442 1 4,928 Cash equivalents 5,237 13,575 0 18,812 Other assets 0 4 64 68 Subtotal excluding separate account assets 16,601 401,942 7,364 (19,028 ) 406,879 Separate account assets(4) 38,262 225,680 1,973 265,915 Total assets $ 54,863 $ 627,622 $ 9,337 $ (19,028 ) $ 672,794 Future policy benefits(5) $ 0 $ 0 $ 13,024 $ $ 13,024 Other liabilities 95 8,340 19 (7,962 ) 492 Notes issued by consolidated VIEs 0 0 2,722 2,722 Total liabilities $ 95 $ 8,340 $ 15,765 $ (7,962 ) $ 16,238 As of December 31, 2015 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 0 $ 18,517 $ 0 $ $ 18,517 Obligations of U.S. states and their political subdivisions 0 8,789 6 8,795 Foreign government bonds 0 83,590 123 83,713 U.S. corporate public securities 0 75,163 205 75,368 U.S. corporate private securities(7) 0 29,750 694 30,444 Foreign corporate public securities 0 28,510 44 28,554 Foreign corporate private securities 0 18,859 279 19,138 Asset-backed securities(8) 0 6,178 4,048 10,226 Commercial mortgage-backed securities 0 10,424 38 10,462 Residential mortgage-backed securities 0 4,923 183 5,106 Subtotal 0 284,703 5,620 290,323 Trading account assets(2): U.S. Treasury securities and obligations of U.S. government authorities and agencies 0 288 0 288 Obligations of U.S. states and their political subdivisions 0 189 0 189 Foreign government bonds 0 697 34 731 Corporate securities 0 23,125 203 23,328 Asset-backed securities(8) 0 749 596 1,345 Commercial mortgage-backed securities 0 1,870 3 1,873 Residential mortgage-backed securities 0 1,509 4 1,513 Equity securities 1,542 221 589 2,352 All other(3) 630 14,173 5 (11,447 ) 3,361 Subtotal 2,172 42,821 1,434 (11,447 ) 34,980 Equity securities, available-for-sale 6,011 2,997 266 9,274 Commercial mortgage and other loans 0 274 0 274 Other long-term investments(6) 13 130 49 (10 ) 182 Short-term investments 6,776 711 0 7,487 Cash equivalents 4,834 9,374 0 14,208 Other assets 0 9 7 16 Subtotal excluding separate account assets 19,806 341,019 7,376 (11,457 ) 356,744 Separate account assets(4)(6) 43,076 214,838 1,995 259,909 Total assets $ 62,882 $ 555,857 $ 9,371 $ (11,457 ) $ 616,653 Future policy benefits(5) $ 0 $ 0 $ 8,434 $ $ 8,434 Other liabilities 1 5,306 2 (5,276 ) 33 Notes issued by consolidated VIEs 0 0 8,597 8,597 Total liabilities $ 1 $ 5,306 $ 17,033 $ (5,276 ) $ 17,064 __________ (1) “Netting” amounts represent cash collateral of $11,066 million and $6,181 million as of September 30, 2016 and December 31, 2015 , respectively, and the impact of offsetting asset and liability positions held with the same counterparty, subject to master netting arrangements. (2) Includes “Trading account assets supporting insurance liabilities” and “Other trading account assets.” (3) Level 1 represents cash equivalents and short term investments. All other amounts primarily represent derivative assets. (4) Separate account assets represent segregated funds that are invested for certain customers. Investment risks associated with market value changes are borne by the customers, except to the extent of minimum guarantees made by the Company with respect to certain accounts. Separate account liabilities are not included in the above table as they are reported at contract value and not fair value in the Company’s Unaudited Interim Consolidated Statements of Financial Position. (5) As of September 30, 2016 , the net embedded derivative liability position of $13.0 billion includes $1.0 billion of embedded derivatives in an asset position and $14.0 billion of embedded derivatives in a liability position. As of December 31, 2015 , the net embedded derivative liability position of $8.4 billion includes $0.7 billion of embedded derivatives in an asset position and $9.1 billion of embedded derivatives in a liability position. (6) Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-07. (7) Excludes notes with fair value of $1,127 million and $1,039 million as of September 30, 2016 and December 31, 2015 , respectively, which have been offset with the associated payables under a netting agreement. (8) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. The methods and assumptions the Company uses to estimate the fair value of assets and liabilities measured at fair value on a recurring basis are summarized below. Fixed Maturity Securities —The fair values of the Company’s public fixed maturity securities are generally based on prices obtained from independent pricing services. Prices for each security are generally sourced from multiple pricing vendors, and a vendor hierarchy is maintained by asset type based on historical pricing experience and vendor expertise. The Company ultimately uses the price from the pricing service highest in the vendor hierarchy based on the respective asset type. The pricing hierarchy is updated for new financial products and recent pricing experience with various vendors. Consistent with the fair value hierarchy described above, securities with validated quotes from pricing services are generally reflected within Level 2, as they are primarily based on observable pricing for similar assets and/or other market observable inputs. Typical inputs used by these pricing services include but are not limited to, reported trades, benchmark yields, issuer spreads, bids, offers, and/or estimated cash flow, prepayment speeds and default rates. If the pricing information received from third-party pricing services is deemed not reflective of market activity or other inputs observable in the market, the Company may challenge the price through a formal process with the pricing service or classify the securities as Level 3. If the pricing service updates the price to be more consistent with the presented market observations, the security remains within Level 2. Internally-developed valuations or indicative broker quotes are also used to determine fair value in circumstances where vendor pricing is not available, or where the Company ultimately concludes that pricing information received from the independent pricing services is not reflective of market activity. If the Company concludes the values from both pricing services and brokers are not reflective of market activity, it may override the information with an internally-developed valuation. As of September 30, 2016 and December 31, 2015 , overrides on a net basis were not material. Pricing service overrides, internally-developed valuations and indicative broker quotes are generally included in Level 3 in the fair value hierarchy. The Company conducts several specific price monitoring activities. Daily analyses identify price changes over predetermined thresholds defined at the financial instrument level. Various pricing integrity reports are reviewed on a daily and monthly basis to determine if pricing is reflective of market activity or if it would warrant any adjustments. Other procedures performed include, but are not limited to, reviews of third-party pricing services methodologies, reviews of pricing trends and back testing. The fair value of private fixed maturities, which are comprised of investments in private placement securities, originated by internal private asset managers, are primarily determined using discounted cash flow models. These models primarily use observable inputs that include Treasury or similar base rates plus estimated credit spreads to value each security. The credit spreads are obtained through a survey of private market intermediaries who are active in both primary and secondary transactions, and consider, among other factors, the credit quality and industry sector of the issuer and the reduced liquidity associated with private placements. Since most private placements are valued using standard market observable inputs and inputs derived from, or corroborated by, market observable data including observed prices and spreads for similar publicly-traded or privately-traded issues, they have been reflected within Level 2. For certain private fixed maturities, the discounted cash flow model may incorporate significant unobservable inputs, which reflect the Company’s own assumptions about the inputs that market participants would use in pricing the asset. To the extent management determines that such unobservable inputs are significant to the price of a security, a Level 3 classification is made. Trading Account Assets —Trading account assets consist primarily of fixed maturity securities, equity securities and derivatives whose fair values are determined consistent with similar instruments described above under “Fixed Maturity Securities” and below under “Equity Securities” and “Derivative Instruments.” Equity Securities —Equity securities consist principally of investments in common and preferred stock of publicly-traded companies, perpetual preferred stock, privately-traded securities, as well as mutual fund shares. The fair values of most publicly- traded equity securities are based on quoted market prices in active markets for identical assets and are classified within Level 1 in the fair value hierarchy. Estimated fair values for most privately traded equity securities are determined using discounted cash flow, earnings multiple and other valuation models that require a substantial level of judgment around inputs and therefore are classified within Level 3. The fair values of mutual fund shares that transact regularly (but do not trade in active markets because they are not publicly available) are based on transaction prices of identical fund shares and are classified within Level 2 in the fair value hierarchy. The fair values of perpetual preferred stock are based on inputs obtained from independent pricing services that are primarily based on indicative broker quotes. As a result, the fair values of perpetual preferred stock are classified as Level 3. Commercial Mortgage and Other Loans —The fair value of loans held and accounted for using the fair value option is determined utilizing pricing indicators from the whole loan market, where investors are committed to purchase these loans at a predetermined price, which is considered the principal exit market for these loans. The Company evaluates the valuation inputs used for these assets, including the existence of predetermined exit prices, the terms of the loans, prevailing interest rates and credit risk, and deems the primary pricing inputs are Level 2 inputs in the fair value hierarchy. Other Long-Term Investments —Other long-term investments include limited partnerships which are consolidated because the Company is either deemed to exercise control or considered the primary beneficiary of a variable interest entity. These entities are primarily investment companies and follow specialized industry accounting whereby their assets are carried at fair value. The investments held by these entities include various feeder fund investments in underlying master funds (whose underlying holdings generally include public fixed maturities, equity securities and mutual funds), as well as wholly-owned real estate held within other investment funds. As discussed in Note 2, the Company adopted ASU 2015-07, effective January 1, 2016, which resulted in the exclusion of certain Other long-term investments from the fair value hierarchy. The guidance was required to be applied retrospectively, and therefore, prior period amounts have been conformed to the current period presentation. At September 30, 2016 and December 31, 2015 , the fair values of these investments, which include certain hedge funds, private equity funds and other funds were $1,514 million and $1,413 million , respectively, of which $82 million and $1,331 million had been previously classified in Level 2 and Level 3, respectively, at December 31, 2015 . Other Assets —Other assets reflected in Level 3 include reinsurance recoverables which are carried at fair value and relate to the reinsurance of the Company’s living benefit guarantees on certain variable annuity contracts. The methods and assumptions used to estimate the fair value are consistent with those described in “Future Policy Benefits.” Derivative Instruments —Derivatives are recorded at fair value either as assets, within “Other trading account assets,” or “Other long-term investments,” or as liabilities, within “Other liabilities,” except for embedded derivatives which are recorded with the associated host contract. The fair values of derivative contracts can be affected by changes in interest rates, foreign exchange rates, commodity prices, credit spreads, market volatility, expected returns, non-performance risk (“NPR”), liquidity and other factors. For derivative positions included within Level 3 of the fair value hierarchy, liquidity valuation adjustments are made to reflect the cost of exiting significant risk positions, and consider the bid-ask spread, maturity, complexity and other specific attributes of the underlying derivative position. The Company’s exchange-traded futures and options include Treasury futures, Eurodollar futures, commodity futures, Eurodollar options and commodity options. Exchange-traded futures and options are valued using quoted prices in active markets and are classified within Level 1 in the fair value hierarchy. The majority of the Company’s derivative positions are traded in the OTC derivative market and are classified within Level 2 in the fair value hierarchy. OTC derivatives classified within Level 2 are valued using models that utilize actively quoted or observable market input values from external market data providers, third-party pricing vendors and/or recent trading activity. The Company’s policy is to use mid-market pricing in determining its best estimate of fair value. The fair values of most OTC derivatives, including interest rate and cross-currency swaps, currency forward contracts, commodity swaps, commodity forward contracts, single name credit default swaps, loan commitments held for sale and “to be announced” (“TBA”) forward contracts on highly rated mortgage-backed securities issued by U.S. government sponsored entities are determined using discounted cash flow models. The fair values of European style option contracts are determined using Black-Scholes option pricing models. These models’ key inputs include the contractual terms of the respective contract, along with significant observable inputs, including interest rates, currency rates, credit spreads, equity prices, index dividend yields, NPR, volatility and other factors. The Company’s cleared interest rate swaps and credit derivatives linked to an index are valued using models that utilize actively quoted or observable market inputs, including Overnight Indexed Swap discount rates, obtained from external market data providers, third-party pricing vendors and/or recent trading activity. These derivatives are classified as Level 2 in the fair value hierarchy. The vast majority of the Company’s derivative agreements are with highly rated major international financial institutions. To reflect the market’s perception of its own and the counterparty’s NPR, the Company incorporates additional spreads over London Inter-Bank Offered Rate (“LIBOR”) into the discount rate used in determining the fair value of OTC derivative assets and liabilities that are not otherwise collateralized. Derivatives classified as Level 3 include look-back equity options and other structured products. These derivatives are valued based upon models, such as Monte Carlo simulation models and other techniques that utilize significant unobservable inputs. Level 3 methodologies are validated through periodic comparison of the Company’s fair values to external broker-dealer values. Cash Equivalents and Short-Term Investments —Cash equivalents and short-term investments include money market instruments, commercial paper and other highly liquid debt instruments. Certain money market instruments are valued using unadjusted quoted prices in active markets that are accessible for identical assets and are primarily classified as Level 1. The remaining instruments in this category are generally fair valued based on market observable inputs and these investments have primarily been classified within Level 2. Separate Account Assets —Separate account assets include fixed maturity securities, treasuries, equity securities and mutual funds for which values are determined consistent with similar instruments described above under “Fixed Maturity Securities,” and “Equity Securities.” As discussed in Note 2, the Company adopted ASU 2015-07, effective January 1, 2016, which resulted in the exclusion of certain separate account investments from the fair value hierarchy. The guidance was required to be applied retrospectively, and therefore, prior period amounts have been conformed to the current period presentation. At September 30, 2016 and December 31, 2015 , the fair values of Separate Account Assets excluded from the fair value hierarchy, which include investments in real estate and other invested assets, were $25,635 million and $25,661 million , respectively, which had been previously classified in Level 3 at December 31, 2015. Notes issued by Consolidated VIEs —These notes are based on the fair values of corresponding bank loan collateral. Since the notes are valued based on reference collateral, they are classified as Level 3. See Note 5 and “Fair Value Option” below for additional information. Other Liabilities —Other liabilities include certain derivative instruments, including embedded derivatives associated with certain “Policyholders’ account balances.” The fair values are primarily determined consistent with similar derivative instruments described above under “Derivative Instruments.” Future Policy Benefits —The liability for future policy benefits is related to guarantees primarily associated with the living benefit features of certain variable annuity contracts offered by the Company’s Individual Annuities segment, including guaranteed minimum accumulation benefit, guaranteed minimum withdrawal benefits and guaranteed minimum income and withdrawal benefits, accounted for as embedded derivatives. The fair values of these liabilities are calculated as the present value of future expected benefit payments to customers less the present value of future expected rider fees attributable to the embedded derivative feature. This methodology could result in either a liability or contra-liability balance, given changing capital market conditions and various actuarial assumptions. Since there is no observable active market for the transfer of these obligations, the valuations are calculated using internally-developed models with option pricing techniques. The models are based on a risk neutral valuation framework and incorporate premiums for risks inherent in valuation techniques, inputs, and the general uncertainty around the timing and amount of future cash flows. The determination of these risk premiums requires the use of management’s judgment. The significant inputs to the valuation models for these embedded derivatives include capital market assumptions, such as interest rate levels and volatility assumptions, the Company’s market-perceived NPR, as well as actuarially determined assumptions, including contractholder behavior, such as lapse rates, benefit utilization rates, withdrawal rates, and mortality rates. Since many of these assumptions are unobservable and are considered to be significant inputs to the liability valuation, the liability included in future policy benefits has been reflected within Level 3 in the fair value hierarchy . Capital market inputs and actual policyholders’ account values are updated each quarter based on capital market conditions as of the end of the quarter, including interest rates, equity markets and volatility. In the risk neutral valuation, the initial swap curve drives the total return used to grow the policyholders’ account values. The Company’s discount rate assumption is based on the LIBOR swap curve adjusted for an additional spread relative to LIBOR to reflect NPR. Actuarial assumptions, including contractholder behavior and mortality, are reviewed at least annually, and updated based upon emerging experience, future expectations and other data, including any observable market data. These assumptions are generally updated annually unless a material change that the Company feels is indicative of a long-term trend is observed in an interim period. Transfers between Levels 1 and 2 —Transfers between levels are made to reflect changes in observability of inputs and market activity. Transfers into or out of any level are generally reported as the value as of the beginning of the quarter in which the transfers occur for any such assets still held at the end of the quarter. Periodically there are transfers between Level 1 and Level 2 for assets held in the Company’s Separate Account. The fair value of foreign common stock held in the Company’s Separate Account may reflect differences in market levels between the close of foreign trading markets and the close of U.S. trading markets for the respective day. Dependent on the existence of such a timing difference, the assets may move between Level 1 and Level 2. During the three months ended September 30, 2016 , $15 million were transferred from Level 1 to Level 2 and $2 million were transferred from Level 2 to Level 1. During the nine months ended September 30, 2016 , $81 million were transferred from Level 1 to Level 2 and $33 million were transferred from Level 2 to Level 1. During the three months ended September 30, 2015 , $73 million were transferred from Level 1 to Level 2 and $72 million were transferred from Level 2 to Level 1. During the nine months ended September 30, 2015 , $147 million were transferred from Level 1 to Level 2 and $126 million were transferred from Level 2 to Level 1. Level 3 Assets and Liabilities by Price Source —The table below presents the balances of Level 3 assets and liabilities measured at fair value with their corresponding pricing sources. As of September 30, 2016 Internal(1) External(2) Total (in millions) Obligations of U.S. states and their political subdivisions $ 5 $ 0 $ 5 Foreign government bonds 0 170 170 Corporate securities(3) 2,040 466 2,506 Asset-backed securities(4) 159 3,256 3,415 Commercial mortgage-backed securities 14 150 164 Residential mortgage-backed securities 25 148 173 Equity securities 121 729 850 Other long-term investments 5 9 14 Short-term investments 1 0 1 Other assets 66 0 66 Subtotal excluding separate account assets 2,436 4,928 7,364 Separate account assets 1,277 696 1,973 Total assets $ 3,713 $ 5,624 $ 9,337 Future policy benefits $ 13,024 $ 0 $ 13,024 Other liabilities 19 0 19 Notes issued by consolidated VIEs 0 2,722 2,722 Total liabilities $ 13,043 $ 2,722 $ 15,765 As of December 31, 2015 Internal(1) External(2) Total (in millions) Obligations of U.S. states and their political subdivisions $ 6 $ 0 $ 6 Foreign government bonds 0 157 157 Corporate securities(3) 1,085 340 1,425 Asset-backed securities(4) 149 4,495 4,644 Commercial mortgage-backed securities 5 36 41 Residential mortgage-backed securities 37 150 187 Equity securities 63 792 855 Other long-term investments(5) 39 10 49 Other assets 12 0 12 Subtotal excluding separate account assets 1,396 5,980 7,376 Separate account assets(5) 1,024 971 1,995 Total assets $ 2,420 $ 6,951 $ 9,371 Future policy benefits $ 8,434 $ 0 $ 8,434 Other liabilities 2 0 2 Notes issued by consolidated VIEs 0 8,597 8,597 Total liabilities $ 8,436 $ 8,597 $ 17,033 __________ (1) Represents valuations reflecting both internally-derived and market inputs as well as third-party pricing information or quotes. See below for additional information related to internally-developed valuation for significant items in the above table. (2) Represents unadjusted prices from independent pricing services and independent indicative broker quotes where pricing inputs are not readily available. (3) Includes assets classified as fixed maturities available-for-sale, trading account assets supporting insurance liabilities and other trading account assets. (4) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. (5) Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-07. Quantitative Information Regarding Internally-Priced Level 3 Assets and Liabilities —The tables below present quantitative information on significant internally-priced Level 3 assets and liabilities (see narrative below for quantitative information for separate account assets). As of September 30, 2016 Fair Value Valuation Techniques Unobservable Inputs Minimum Maximum Weighted Average Impact of Increase in Input on Fair Value(1) (in millions) Assets: Corporate securities(9) $ 2,040 Discounted cash flow Discount rate 0.63% - 22.54% 6.74% Decrease Market comparables EBITDA multiples(2) 5.0X - 5.0X 5.0X Increase Liquidation Liquidation value 10.31% - 95.48% 86.51% Increase Liabilities: Future policy benefits(3) $ 13,024 Discounted cash flow Lapse rate(4) 0% - 13% Decrease NPR spread(5) 0.36% - 1.74% Decrease Utilization rate(6) 52% - 96% Increase Withdrawal rate See table footnote (7) below. Mortality rate(8) 0% - 14% Decrease Equity volatility curve 17% - 25% Increase As of December 31, 2015 Fair Value Valuation Techniques Unobservable Inputs Minimum Maximum Weighted Average Impact of Increase in Input on Fair Value(1) (in millions) Assets: Corporate securities(9) $ 1,085 Discounted cash flow Discount rate 0.93% - 25% 7.66% Decrease Market comparables EBITDA multiples(2) 1.4X - 5.0X 3.7X Increase Liquidation Liquidation value 15.79% - 29.33% 17.77% Increase Liabilities: Future policy benefits(3) $ 8,434 Discounted cash flow Lapse rate(4) 0% - 14% Decrease NPR spread(5) 0.06% - 1.76% Decrease Utilization rate(6) 56% - 96% Increase Withdrawal rate(7) 74% - 100% Increase Mortality rate(8) 0% - 14% Decrease Equity volatility curve 17% - 28% Increase __________ (1) Conversely, the impact of a decrease in input would have the opposite impact for the fair value as that presented in the table. (2) Represents multiples of earnings before interest, taxes, depreciation and amortization (“EBITDA”), and are amounts used when the reporting entity has determined that market participants would use such multiples when pricing the investments. (3) Future policy benefits primarily represent general account liabilities for the living benefit features of the Company’s variable annuity contracts which are accounted for as embedded derivatives. Since the valuation methodology for these liabilities uses a range of inputs that vary at the contract level over the cash flow projection period, presenting a range, rather than weighted average, is a more meaningful representation of the unobservable inputs used in the valuation. (4) Lapse rates are adjusted at the contract level based on the in-the-moneyness of the living benefit and reflect other factors, such as the applicability of any surrender charges. Lapse rates are reduced when contracts are more in-the-money. Lapse rates are also generally assumed to be lower for the period where surrender charges apply. (5) To reflect NPR, the Company incorporates an additional spread over LIBOR into the discount rate used in the valuation of individual living benefit contracts in a liability position and generally not to those in a contra-liability position. The NPR spread reflects the financial strength ratings of the Company, as these are insurance liabilities and senior to debt. The additional spread over LIBOR is determined by utilizing the credit spreads associated with issuing funding agreements, adjusted for any illiquidity risk premium. (6) The utilization rate assumption estimates the percentage of contracts that will utilize the benefit during the contract duration, and begin lifetime withdrawals at various time intervals from contra

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	DERIVATIVE INSTRUMENTS Types of Derivative Instruments and Derivative Strategies Interest Rate Contracts Interest rate swaps, options and futures are used by the Company to reduce risks from changes in interest rates, manage interest rate exposures arising from mismatches between assets and liabilities (including duration mismatches) and to hedge against changes in the value of assets it owns or anticipates acquiring or selling. Swaps may be attributed to specific assets or liabilities or may be used on a portfolio basis. Under interest rate swaps, the Company agrees with counterparties to exchange, at specified intervals, the difference between fixed-rate and floating-rate interest amounts calculated by reference to an agreed upon notional principal amount. The Company also uses swaptions, interest rate caps and interest rate floors to manage interest rate risk. A swaption is an option to enter into a swap with a forward starting effective date. The Company pays a premium for purchased swaptions and receives a premium for written swaptions. In an interest rate cap, the buyer receives payments at the end of each period in which the interest rate exceeds the agreed strike price. Similarly, in an interest rate floor, the buyer receives payments at the end of each period in which the interest rate is below the agreed strike price. Swaptions and interest rate caps and floors are included in interest rate options. In exchange-traded interest rate futures transactions, the Company purchases or sells a specified number of contracts, the values of which are determined by the values of underlying referenced investments, and posts variation margin on a daily basis in an amount equal to the difference in the daily market values of those contracts. The Company enters into exchange-traded futures with regulated futures commission’s merchants who are members of a trading exchange. Equity Contracts Equity index options are contracts which will settle in cash based on differentials in the underlying indices at the time of exercise and the strike price. The Company uses combinations of purchases and sales of equity index options to hedge the effects of adverse changes in equity indices within a predetermined range. Total return swaps are contracts whereby the Company agrees with counterparties to exchange, at specified intervals, the difference between the return on an asset (or market index) and LIBOR plus an associated funding spread based on a notional amount. The Company generally uses total return swaps to hedge the effect of adverse changes in equity indices. Foreign Exchange Contracts Currency derivatives, including currency futures, options, forwards and swaps, are used by the Company to reduce risks from changes in currency exchange rates with respect to investments denominated in foreign currencies that the Company either holds or intends to acquire or sell, and to hedge the currency risk associated with net investments in foreign operations and anticipated earnings of its foreign operations. Under currency forwards, the Company agrees with counterparties to deliver a specified amount of an identified currency at a specified future date. Typically, the price is agreed upon at the time of the contract and payment for such a contract is made at the specified future date. As noted above, the Company uses currency forwards to mitigate the impact of changes in currency exchange rates on U.S. dollar equivalent earnings generated by certain of its non-U.S. businesses, primarily its international insurance and investment operations. The Company executes forward sales of the hedged currency in exchange for U.S. dollars at a specified exchange rate. The maturities of these forwards correspond with the future periods in which the non-U.S. dollar-denominated earnings are expected to be generated. These earnings hedges do not qualify for hedge accounting. Under currency swaps, the Company agrees with counterparties to exchange, at specified intervals, the difference between one currency and another at an exchange rate and calculated by reference to an agreed principal amount. Generally, the principal amount of each currency is exchanged at the beginning and termination of the currency swap by each party. Credit Contracts The Company writes credit default swaps for which it receives a premium to insure credit risk. These are used by the Company to enhance the return on the Company’s investment portfolio by creating credit exposure similar to an investment in public fixed maturity cash instruments. With these derivatives the Company sells credit protection on a single name reference, or certain index reference, and in return receives a quarterly premium. This premium or credit spread generally corresponds to the difference between the yield on the referenced names (or an index’s referenced names) public fixed maturity cash instruments and swap rates, at the time the agreement is executed. If there is an event of default by the referenced name or one of the referenced names in the index, as defined by the agreement, then the Company is obligated to pay the referenced amount of the contract to the counterparty and receive in return the referenced defaulted security or similar security or (in the case of a credit default index) pay the referenced amount less the auction recovery rate. See credit derivatives written section for further discussion of guarantees. In addition to selling credit protection, the Company has purchased credit protection using credit derivatives in order to hedge specific credit exposures in the Company’s investment portfolio. Other Contracts TBAs. The Company uses TBA forward contracts to gain exposure to the investment risk and return of mortgage-backed securities. TBA transactions can help the Company enhance the return on its investment portfolio, and can provide a more liquid and cost effective method of achieving these goals than purchasing or selling individual mortgage-backed pools. Typically, the price is agreed upon at the time of the contract and payment for such a contract is made at a specified future date. Additionally, pursuant to the Company’s mortgage dollar roll program, TBAs or mortgage-backed securities are transferred to counterparties with a corresponding agreement to repurchase them at a future date. These transactions do not qualify as secured borrowings and are accounted for as derivatives. Loan Commitments. In its mortgage operations, the Company enters into commitments to fund commercial mortgage loans at specified interest rates and other applicable terms within specified periods of time. These commitments are legally binding agreements to extend credit to a counterparty. Loan commitments for loans that will be held for sale are recognized as derivatives and recorded at fair value. The determination of the fair value of loan commitments accounted for as derivatives considers various factors including, among others, terms of the related loan, the intended exit strategy for the loans based upon either securitization valuation models or investor purchase commitments, prevailing interest rates, origination income or expense, and the value of service rights. Loan commitments that relate to the origination of mortgage loans that will be held for investment are not accounted for as derivatives and accordingly are not recognized in the Company’s financial statements. See Note 15 for additional information. Embedded Derivatives. The Company sells variable annuity products, which may include guaranteed benefit features that are accounted for as embedded derivatives. These embedded derivatives are marked to market through “Realized investment gains (losses), net” based on the change in value of the underlying contractual guarantees, which are determined using valuation models. The Company maintains a portfolio of derivative instruments that is intended to offset certain risks related to the above products’ features. The derivatives may include, but are not limited to equity options, total return swaps, interest rate swaptions, caps, floors and other instruments. Synthetic Guarantees. The Company sells synthetic GICs, through both full service and investment-only sales channels, to investment vehicles primarily used by qualified defined contribution pension plans. The synthetic GICs are issued in respect of assets that are owned by the trustees of such plans, who invest the assets according to the contract terms agreed to with the Company. The contracts establish participant balances and credit interest thereon. The participant balances are supported by the underlying assets. In connection with certain participant-initiated withdrawals, the contract guarantees that after all underlying assets are liquidated, any remaining participant balances will be paid by the Company. Under U.S. GAAP, these contracts are accounted for as derivatives and recorded at fair value. The table below provides a summary of the gross notional amount and fair value of derivatives contracts by the primary underlying, excluding embedded derivatives and associated reinsurance recoverables. Many derivative instruments contain multiple underlyings. The fair value amounts below represent the gross fair value of derivative contracts prior to taking into account the netting effects of master netting agreements, cash collateral and NPR. This netting impact results in total derivative assets of $2,034 million and $2,728 million as of September 30, 2016 and December 31, 2015 , respectively, and total derivative liabilities of $472 million and $40 million as of September 30, 2016 and December 31, 2015 , respectively, reflected in the Unaudited Interim Consolidated Statements of Financial Position. Primary Underlying/Instrument Type September 30, 2016 December 31, 2015 Gross Fair Value Gross Fair Value Notional(1) Assets Liabilities Notional(1) Assets Liabilities (in millions) Derivatives Designated as Hedge Accounting Instruments: Interest Rate Interest Rate Swaps $ 1,197 $ 19 $ (156 ) $ 1,431 $ 20 $ (148 ) Foreign Currency Foreign Currency Forwards 377 34 (6 ) 323 7 (1 ) Currency/Interest Rate Foreign Currency Swaps 13,729 1,676 (86 ) 12,739 1,592 (5 ) Total Qualifying Hedges $ 15,303 $ 1,729 $ (248 ) $ 14,493 $ 1,619 $ (154 ) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate Interest Rate Swaps $ 163,195 $ 17,257 $ (6,650 ) $ 173,091 $ 10,161 $ (4,232 ) Interest Rate Futures 33,400 8 (92 ) 28,209 11 (3 ) Interest Rate Options 12,418 454 (97 ) 40,056 387 (196 ) Interest Rate Forwards 1,500 1 (1 ) 86 0 0 Foreign Currency Foreign Currency Forwards 19,285 771 (307 ) 17,400 311 (113 ) Foreign Currency Options 93 1 0 93 0 0 Currency/Interest Rate Foreign Currency Swaps 11,578 723 (500 ) 11,607 1,404 (238 ) Credit Credit Default Swaps 1,945 1 (80 ) 1,839 3 (53 ) Equity Equity Futures 529 2 0 249 2 0 Equity Options 55,728 76 (87 ) 48,958 159 (118 ) Total Return Swaps 19,066 38 (372 ) 18,804 128 (209 ) Commodity Commodity Futures 0 0 0 80 0 0 Synthetic GICs 76,758 5 0 72,585 7 0 Total Non-Qualifying Derivatives(2) $ 395,495 $ 19,337 $ (8,186 ) $ 413,057 $ 12,573 $ (5,162 ) Total Derivatives(3) $ 410,798 $ 21,066 $ (8,434 ) $ 427,550 $ 14,192 $ (5,316 ) __________ (1) Notional amounts are presented on a gross basis and include derivatives used to offset existing positions. (2) Based on notional amounts, most of the Company’s derivatives do not qualify for hedge accounting as follows: derivatives that economically hedge embedded derivatives do not qualify for hedge accounting because changes in the fair value of the embedded derivatives are already recorded in net income, derivatives that are utilized as macro hedges of the Company’s exposure to various risks typically do not qualify for hedge accounting because they do not meet the criteria required under portfolio hedge accounting rules, and synthetic GICs, which are product standalone derivatives, do not qualify as hedging instruments under hedge accounting rules. (3) Excludes embedded derivatives and associated reinsurance recoverables which contain multiple underlyings. The fair value of these embedded derivatives was a net liability of $12,970 million and $8,408 million as of September 30, 2016 and December 31, 2015 , respectively, primarily included in “Future policy benefits.” Offsetting Assets and Liabilities The following table presents recognized derivative instruments (excluding embedded derivatives and associated reinsurance recoverables), and repurchase and reverse repurchase agreements that are offset in the Unaudited Interim Consolidated Statements of Financial Position, and/or are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in the Unaudited Interim Consolidated Statements of Financial Position. September 30, 2016 Gross Amounts of Recognized Financial Instruments Gross Amounts Offset in the Statements of Financial Position Net Amounts Presented in the Statements of Financial Position Financial Instruments/ Collateral(1) Net Amount (in millions) Offsetting of Financial Assets: Derivatives(1) $ 20,979 $ (19,028 ) $ 1,951 $ (1,456 ) $ 495 Securities purchased under agreement to resell 123 0 123 (123 ) 0 Total assets $ 21,102 $ (19,028 ) $ 2,074 $ (1,579 ) $ 495 Offsetting of Financial Liabilities: Derivatives(1) $ 8,420 $ (7,962 ) $ 458 $ (109 ) $ 349 Securities sold under agreement to repurchase 6,830 0 6,830 (6,830 ) 0 Total liabilities $ 15,250 $ (7,962 ) $ 7,288 $ (6,939 ) $ 349 December 31, 2015 Gross Amounts of Recognized Financial Instruments Gross Amounts Offset in the Statements of Financial Position Net Amounts Presented in the Statements of Financial Position Financial Net Amount (in millions) Offsetting of Financial Assets: Derivatives(1) $ 14,028 $ (11,457 ) $ 2,571 $ (1,296 ) $ 1,275 Securities purchased under agreement to resell 776 0 776 (776 ) 0 Total assets $ 14,804 $ (11,457 ) $ 3,347 $ (2,072 ) $ 1,275 Offsetting of Financial Liabilities: Derivatives(1) $ 5,310 $ (5,276 ) $ 34 $ (14 ) $ 20 Securities sold under agreement to repurchase 7,882 0 7,882 (7,882 ) 0 Total liabilities $ 13,192 $ (5,276 ) $ 7,916 $ (7,896 ) $ 20 __________ (1) Amounts exclude the excess of collateral received/pledged from/to the counterparty. For information regarding the rights of offset associated with the derivative assets and liabilities in the table above, see “—Counterparty Credit Risk” below. For securities purchased under agreements to resell and securities sold under agreements to repurchase, the Company monitors the value of the securities and maintains collateral, as appropriate, to protect against credit exposure. Where the Company has entered into repurchase and resale agreements with the same counterparty, in the event of default, the Company would generally be permitted to exercise rights of offset. For additional information on the Company’s accounting policy for securities repurchase and resale agreements, see Note 2 to the Company’s Consolidated Financial Statements included in the Annual Report on Form 10-K for the year ended December 31, 2015 . Cash Flow, Fair Value and Net Investment Hedges The primary derivative instruments used by the Company in its fair value, cash flow and net investment hedge accounting relationships are interest rate swaps, currency swaps and currency forwards. These instruments are only designated for hedge accounting in instances where the appropriate criteria are met. The Company does not use futures, options, credit, equity or embedded derivatives in any of its fair value, cash flow or net investment hedge accounting relationships. The following table provides the financial statement classification and impact of derivatives used in qualifying and non-qualifying hedge relationships, excluding the offset of the hedged item in an effective hedge relationship. Three Months Ended September 30, 2016 Realized Net Other Interest Interest AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Interest Rate $ 9 $ (8 ) $ 0 $ 0 $ 0 $ 0 Currency 7 0 0 0 0 0 Total fair value hedges 16 (8 ) 0 0 0 0 Cash flow hedges Interest Rate 0 0 0 (1 ) 0 3 Currency/Interest Rate 0 31 32 0 0 (208 ) Total cash flow hedges 0 31 32 (1 ) 0 (205 ) Net investment hedges Currency 0 0 0 0 0 (5 ) Currency/Interest Rate 0 0 0 0 0 0 Total net investment hedges 0 0 0 0 0 (5 ) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 340 0 0 0 0 0 Currency 536 0 (1 ) 0 0 0 Currency/Interest Rate (199 ) 0 0 0 0 0 Credit 13 0 0 0 0 0 Equity (954 ) 0 0 0 0 0 Commodity 0 0 0 0 0 0 Embedded Derivatives 583 0 0 0 0 0 Total non-qualifying hedges 319 0 (1 ) 0 0 0 Total $ 335 $ 23 $ 31 $ (1 ) $ 0 $ (210 ) Nine Months Ended September 30, 2016 Realized Investment Gains (Losses) Net Investment Income Other Income Interest Expense Interest Credited to Policyholders’ Account Balances AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Interest Rate $ (10 ) $ (24 ) $ 0 $ 0 $ 0 $ 0 Currency 28 (1 ) 0 0 0 0 Total fair value hedges 18 (25 ) 0 0 0 0 Cash flow hedges Interest Rate 0 0 0 (4 ) 0 (7 ) Currency/Interest Rate 0 89 149 0 0 (65 ) Total cash flow hedges 0 89 149 (4 ) 0 (72 ) Net investment hedges Currency 0 0 0 0 0 (16 ) Currency/Interest Rate 0 0 0 0 0 0 Total net investment hedges 0 0 0 0 0 (16 ) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 8,213 0 0 0 0 0 Currency 1,104 0 (4 ) 0 0 0 Currency/Interest Rate (729 ) 0 1 0 0 0 Credit 6 0 0 0 0 0 Equity (1,705 ) 0 0 0 0 0 Commodity (1 ) 0 0 0 0 0 Embedded Derivatives (3,684 ) 0 0 0 0 0 Total non-qualifying hedges 3,204 0 (3 ) 0 0 0 Total $ 3,222 $ 64 $ 146 $ (4 ) $ 0 $ (88 ) Three Months Ended September 30, 2015 Realized Net Other Interest Interest AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Interest Rate $ (7 ) $ (11 ) $ 0 $ 0 $ 0 $ 0 Currency 3 0 0 0 0 0 Total fair value hedges (4 ) (11 ) 0 0 0 0 Cash flow hedges Interest Rate 0 0 0 (2 ) 0 (6 ) Currency/Interest Rate 0 22 59 0 0 321 Total cash flow hedges 0 22 59 (2 ) 0 315 Net investment hedges Currency 0 0 0 0 0 5 Currency/Interest Rate 0 0 0 0 0 (10 ) Total net investment hedges 0 0 0 0 0 (5 ) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 3,261 0 0 0 0 0 Currency 193 0 (2 ) 0 0 0 Currency/Interest Rate 58 0 1 0 0 0 Credit (5 ) 0 0 0 0 0 Equity 1,364 0 0 0 0 0 Commodity 0 0 0 0 0 0 Embedded Derivatives (3,421 ) 0 0 0 0 0 Total non-qualifying hedges 1,450 0 (1 ) 0 0 0 Total $ 1,446 $ 11 $ 58 $ (2 ) $ 0 $ 310 Nine Months Ended September 30, 2015 Realized Investment Gains (Losses) Net Investment Income Other Income Interest Expense Interest Credited to Policyholders’ Account Balances AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Interest Rate $ 14 $ (33 ) $ 0 $ 0 $ 0 $ 0 Currency 12 (1 ) 0 0 0 0 Total fair value hedges 26 (34 ) 0 0 0 0 Cash flow hedges Interest Rate 0 0 0 (5 ) 0 (5 ) Currency/Interest Rate 0 49 84 0 0 816 Total cash flow hedges 0 49 84 (5 ) 0 811 Net investment hedges Currency (3 ) 0 0 0 0 12 Currency/Interest Rate 0 0 0 0 0 15 Total net investment hedges (3 ) 0 0 0 0 27 Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 1,795 0 0 0 0 0 Currency (34 ) 0 (1 ) 0 0 0 Currency/Interest Rate 464 0 5 0 0 0 Credit (6 ) 0 0 0 0 0 Equity 706 0 0 0 0 0 Commodity (1 ) 0 0 0 0 0 Embedded Derivatives (243 ) 0 0 0 0 0 Total non-qualifying hedges 2,681 0 4 0 0 0 Total $ 2,704 $ 15 $ 88 $ (5 ) $ 0 $ 838 __________ (1) Amounts deferred in AOCI. For the three and nine months ended September 30, 2016 and 2015 , the ineffective portion of derivatives accounted for using hedge accounting was not material to the Company’s results of operations. Also, there were no material amounts reclassified into earnings relating to instances in which the Company discontinued cash flow hedge accounting because the forecasted transaction did not occur by the anticipated date or within the additional time period permitted by the authoritative guidance for the accounting for derivatives and hedging. In addition, there were no instances in which the Company discontinued fair value hedge accounting due to a hedged firm commitment no longer qualifying as a fair value hedge. Presented below is a rollforward of current period cash flow hedges in AOCI before taxes: (in millions) Balance, December 31, 2015 $ 1,165 Net deferred gains (losses) on cash flow hedges from January 1 to September 30, 2016 189 Amount reclassified into current period earnings (261 ) Balance, September 30, 2016 $ 1,093 Using September 30, 2016 values, it is estimated that a pre-tax gain of approximately $130 million will be reclassified from AOCI to earnings during the subsequent twelve months ending September 30, 2017 , offset by amounts pertaining to the hedged items. As of September 30, 2016 , the Company does not have any qualifying cash flow hedges of forecasted transactions other than those related to the variability of the payment or receipt of interest or foreign currency amounts on existing financial instruments. The maximum length of time for which these variable cash flows are hedged is 40 years . Income amounts deferred in AOCI as a result of cash flow hedges are included in “Net unrealized investment gains (losses)” in the Unaudited Interim Consolidated Statements of Comprehensive Income. For effective net investment hedges, the amounts, before applicable taxes, recorded in the cumulative translation adjustment account within AOCI were $525 million and $541 million as of September 30, 2016 and December 31, 2015 , respectively. Credit Derivatives Credit derivatives, where the Company has written credit protection on a single name reference, had outstanding notional amounts of $108 million and $ 106 million as of September 30, 2016 and December 31, 2015 , respectively. These credit derivatives are reported at fair value as an asset of less than $1 million and a liability of $ 3 million as of September 30, 2016 and December 31, 2015 , respectively. As of September 30, 2016 , these credit derivatives’ notionals had the following NAIC ratings: $ 49 million in NAIC 1, $ 48 million in NAIC 2, $5 million in NAIC 3, $3 million in NAIC 5 and $3 million in NAIC 6. The Company has also written credit protection on certain index references with notional amounts of $1,050 million and $701 million , reported at fair value as a liability of $34 million and $24 million as of September 30, 2016 and December 31, 2015 , respectively. As of September 30, 2016 , these credit derivatives’ notionals had a NAIC rating of NAIC 1. NAIC designations are based on the lowest rated single name reference included in the index. The Company’s maximum amount at risk under these credit derivatives equals the aforementioned notional amounts and assumes the value of the underlying referenced securities become worthless. These single name credit derivatives have maturities of less than 4 years , while the credit protection on the index references have maturities of less than 42 years . This excludes a credit derivative related to surplus notes issued by a subsidiary of Prudential Insurance as further disclosed below. The Company entered into a credit derivative that will require the Company to make certain payments in the event of deterioration in the value of the surplus notes issued by a subsidiary of Prudential Insurance. The notional amount of this credit derivative was $500 million and was reported at fair value as of September 30, 2016 and December 31, 2015 as a liability of $36 million and $15 million , respectively, and has a maturity date of December 14, 2047. No collateral was pledged in either period. In addition to writing credit protection, the Company has purchased credit protection using credit derivatives in order to hedge specific credit exposures in the Company’s investment portfolio. As of September 30, 2016 and December 31, 2015 , the Company had $288 million and $532 million of outstanding notional amounts reported at fair value as a liability of $9 million and $8 million , respectively. Counterparty Credit Risk The Company is exposed to credit-related losses in the event of non-performance by counterparties to financial derivative transactions. The Company manages credit risk by entering into derivative transactions with highly rated major international financial institutions and other creditworthy counterparties, and by obtaining collateral, such as cash and securities, when appropriate. Additionally, limits are set on single party credit exposures which are subject to periodic management review. The credit exposure of the Company’s OTC derivative transactions is represented by the contracts with a positive fair value at the reporting date. To reduce credit exposures, the Company seeks to: enter into OTC derivative transactions pursuant to master agreements that provide for a netting of payments and receipts with a single counterparty, and enter into agreements that allow the use of credit support annexes, some of which are bilateral rating-sensitive agreements that require collateral postings at established threshold levels. Cleared derivatives are transactions between the Company and a counterparty where the transactions are cleared through a clearinghouse, such that each derivative counterparty is only exposed to the default of the clearinghouse. These cleared transactions require initial and daily variation margin collateral postings and include certain interest rate swaps and credit default swaps entered into on or after June 10, 2013, related to guidelines under Dodd-Frank. The Company also enters into exchange-traded futures and certain options transactions through regulated exchanges and these transactions are settled on a daily basis, thereby reducing credit risk exposure in the event of non-performance by counterparties to such financial instruments. Under fair value measurements, the Company incorporates the market’s perception of its own and the counterparty’s NPR in determining the fair value of the portion of its OTC derivative assets and liabilities that are uncollateralized. Credit spreads are applied to the derivative fair values on a net basis by counterparty. To reflect the Company’s own credit spread, a proxy based on relevant debt spreads is applied to OTC derivative net liability positions. Similarly, the Company’s counterparty’s credit spread is applied to OTC derivative net asset positions. Certain of the Company’s derivative agreements with some of its counterparties contain credit-rating related triggers. If the Company’s credit rating were to fall below a certain level, the counterparties to the derivative instruments could request termination at the then fair value of the derivative or demand immediate full collateralization on derivative instruments in net liability positions. As of September 30, 2016 , there were no net liability derivative positions with counterparties with credit-risk-related contingent features. As such, the Company has not posted any collateral related to these positions and the Company would not be required to post any additional collateral to the counterparties if the credit-risk-related contingent features underlying these agreements had been triggered as of September 30, 2016 .

Commitments and Guarantees, Con

Commitments and Guarantees, Contingent Liabilities and Litigation and Regulatory Matters	9 Months Ended
	Sep. 30, 2016
Commitments And Guarantees And Contingent Liabilities [Abstract]
Commitments and Guarantees, Contingent Liabilities and Litigation and Regulatory Matters	COMMITMENTS AND GUARANTEES, CONTINGENT LIABILITIES AND LITIGATION AND REGULATORY MATTERS Commitments and Guarantees Commercial Mortgage Loan Commitments September 30, December 31, (in millions) Total outstanding mortgage loan commitments $ 2,251 $ 2,272 Portion of commitment where prearrangement to sell to investor exists $ 463 $ 721 In connection with the Company’s commercial mortgage operations, it originates commercial mortgage loans. Commitments for loans that will be held for sale are recognized as derivatives and recorded at fair value. In certain of these transactions, the Company pre-arranges that it will sell the loan to an investor, including to government sponsored entities as discussed below, after the Company funds the loan. Commitments to Purchase Investments (excluding Commercial Mortgage Loans) September 30, December 31, (in millions) Expected to be funded from the general account and other operations outside the separate accounts(1) $ 4,283 $ 3,787 Expected to be funded from separate accounts $ 440 $ 92 __________ (1) Includes a remaining commitment of $132 million and $152 million at September 30, 2016 and December 31, 2015 , respectively, related to the Company’s agreement to co-invest with the Fosun Group (“Fosun”) in a private equity fund, managed by Fosun, for the Chinese marketplace. The Company has other commitments to purchase or fund investments, some of which are contingent upon events or circumstances not under the Company’s control, including those at the discretion of the Company’s counterparties. The Company anticipates a portion of these commitments will ultimately be funded from its separate accounts. Indemnification of Securities Lending Transactions September 30, December 31, (in millions) Indemnification provided to mutual fund, trust fund, and insurance company separate account clients for securities lending $ 4,917 $ 15,084 Fair value of related collateral associated with above indemnifications $ 5,033 $ 15,508 Accrued liability associated with guarantee $ 0 $ 0 In the normal course of business, the Company may facilitate securities lending transactions on behalf of mutual funds, trust funds, and insurance company separate account clients (collectively, “the accounts”) for which the Company is the investment advisor and/or the asset manager. In certain of these arrangements, the Company has provided an indemnification to the accounts to hold them harmless against losses caused by counterparty (i.e., borrower) defaults associated with the securities lending activity facilitated by the Company. Collateral is provided by the counterparty to the accounts at the inception of the loan equal to or greater than 102% of the fair value of the loaned securities and the collateral is maintained daily at 102% or greater of the fair value of the loaned securities. The Company is only at risk if the counterparty to the securities lending transaction defaults and the value of the collateral held is less than the value of the securities loaned to such counterparty. The Company believes the possibility of any payments under these indemnities is remote. Credit Derivatives Written As discussed further in Note 14, the Company writes credit derivatives under which the Company is obligated to pay the counterparty the referenced amount of the contract and receive in return the defaulted security or similar security. Guarantees of Asset Values September 30, December 31, (in millions) Guaranteed value of third parties’ assets $ 76,758 $ 72,585 Fair value of collateral supporting these assets $ 79,153 $ 73,634 Asset associated with guarantee, carried at fair value $ 5 $ 7 Certain contracts underwritten by the Retirement segment include guarantees related to financial assets owned by the guaranteed party. These contracts are accounted for as derivatives and carried at fair value. The collateral supporting these guarantees is not reflected on the Unaudited Interim Consolidated Statements of Financial Position. Indemnification of Serviced Mortgage Loans September 30, December 31, (in millions) Maximum exposure under indemnification agreements for mortgage loans serviced by the Company $ 1,338 $ 1,200 First-loss exposure portion of above $ 408 $ 371 Accrued liability associated with guarantees $ 13 $ 14 As part of the commercial mortgage activities of the Company’s Asset Management segment, the Company provides commercial mortgage origination, underwriting and servicing for certain government sponsored entities, such as Fannie Mae and Freddie Mac. The Company has agreed to indemnify the government sponsored entities for a portion of the credit risk associated with certain of the mortgages it services through a delegated authority arrangement. Under these arrangements, the Company originates multi-family mortgages for sale to the government sponsored entities based on underwriting standards they specify, and makes payments to them for a specified percentage share of losses they incur on certain loans serviced by the Company. The Company’s percentage share of losses incurred generally varies from 2% to 20% of the loan balance, and is typically based on a first-loss exposure for a stated percentage of the loan balance, plus a shared exposure with the government sponsored entity for any losses in excess of the stated first-loss percentage, subject to a contractually specified maximum percentage. The Company services $11,345 million and $9,833 million of mortgages subject to these loss-sharing arrangements as of September 30, 2016 and December 31, 2015 , respectively, all of which are collateralized by first priority liens on the underlying multi-family residential properties. As of September 30, 2016 , these mortgages had a weighted-average debt service coverage ratio of 2.08 times and a weighted-average loan-to-value ratio of 60% . As of December 31, 2015 , these mortgages had a weighted-average debt service coverage ratio of 1.96 times and a weighted-average loan-to-value ratio of 61% . The Company’s total share of losses related to indemnifications that were settled was $0 and $0.5 million , for the nine months ended September 30, 2016 and 2015 , respectively. Other Guarantees September 30, December 31, (in millions) Other guarantees where amount can be determined $ 337 $ 324 Accrued liability for other guarantees and indemnifications $ 4 $ 4 The Company is also subject to other financial guarantees and indemnity arrangements. The Company has provided indemnities and guarantees related to acquisitions, dispositions, investments and other transactions that are triggered by, among other things, breaches of representations, warranties or covenants provided by the Company. These obligations are typically subject to various time limitations, defined by the contract or by operation of law, such as statutes of limitation. In some cases, the maximum potential obligation is subject to contractual limitations, while in other cases such limitations are not specified or applicable. Included above are $330 million and $317 million as of September 30, 2016 and December 31, 2015 , respectively, of yield maintenance guarantees related to certain investments the Company sold. The Company does not expect to make any payments on these guarantees and is not carrying any liabilities associated with these guarantees. Since certain of these obligations are not subject to limitations, it is not possible to determine the maximum potential amount due under these guarantees. The accrued liabilities identified above do not include retained liabilities associated with sold businesses. Contingent Liabilities On an ongoing basis, the Company’s internal supervisory and control functions review the quality of sales, marketing and other customer interface procedures and practices and may recommend modifications or enhancements. From time to time, this review process results in the discovery of product administration, servicing or other errors, including errors relating to the timing or amount of payments or contract values due to customers or other parties. In certain cases, if appropriate, the Company may offer customers or other parties remediation and may incur charges, including the cost of such remediation, administrative costs and regulatory fines. The Company is subject to the laws and regulations of states and other jurisdictions concerning the identification, reporting and escheatment of unclaimed or abandoned funds, and is subject to audit and examination for compliance with these requirements. For additional discussion of these matters, see “ — Litigation and Regulatory Matters” below. It is possible that the results of operations or the cash flow of the Company in a particular quarterly or annual period could be materially affected as a result of payments in connection with the matters discussed above or other matters depending, in part, upon the results of operations or cash flow for such period. Management believes, however, that ultimate payments in connection with these matters, after consideration of applicable reserves and rights to indemnification, should not have a material adverse effect on the Company’s financial position. Litigation and Regulatory Matters The Company is subject to legal and regulatory actions in the ordinary course of its businesses. Pending legal and regulatory actions include proceedings relating to aspects of the Company’s businesses and operations that are specific to it and proceedings that are typical of the businesses in which it operates, including in both cases businesses that have been either divested or placed in wind-down status. Some of these proceedings have been brought on behalf of various alleged classes of complainants. In certain of these matters, the plaintiffs are seeking large and/or indeterminate amounts, including punitive or exemplary damages. The outcome of litigation or a regulatory matter, and the amount or range of potential loss at any particular time, is often inherently uncertain. The Company establishes accruals for litigation and regulatory matters when it is probable that a loss has been incurred and the amount of that loss can be reasonably estimated. For litigation and regulatory matters where a loss may be reasonably possible, but not probable, or is probable but not reasonably estimable, no accrual is established but the matter, if material, is disclosed, including matters discussed below. The Company estimates that as of September 30, 2016 , the aggregate range of reasonably possible losses in excess of accruals established for those litigation and regulatory matters for which such an estimate currently can be made is less than $250 million . Any estimate is not an indication of expected loss, if any, or the Company’s maximum possible loss exposure on such matters. The Company reviews relevant information with respect to its litigation and regulatory matters on a quarterly and annual basis and updates its accruals, disclosures and estimates of reasonably possible loss based on such reviews. The following discussion of litigations and regulatory matters provides an update of those matters discussed in Note 23 to the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , and should be read in conjunction with the complete descriptions provided in the Form 10-K. Huffman v. The Prudential Insurance Company of America In September 2016, Plaintiffs’ motion for class certification was denied, and in October 2016, Plaintiffs filed a motion for reconsideration. Wood II, et al. v. PRIAC In September 2016, the Court issued a decision: (i) denying PRIAC’s motion to dismiss the claim alleging that it is a fiduciary under ERISA; and (ii) granting PRIAC’s motion to dismiss the claim alleging non-fiduciary liability. In October 2016, PRIAC filed its Answer. Rosen, v. PRIAC, et al. In April 2016, Plaintiff filed an amended complaint: (i) removing Prudential Investment Management Services, LLC, as a defendant; (ii) withdrawing all claims concerning Stable Value Accounts; and (iii) adding as defendants the employer/sponsor of Plaintiff's retirement plan (Ferguson Enterprises, Inc.), and the investment advisor for Plaintiff’s retirement plan (Capfinancial Partners, LLC d/b/a Captrust Financial Advisors). In May 2016, the Muir v. PRIAC complaint was consolidated with this lawsuit. In June 2016, PRIAC, along with the other named defendants, filed motions to dismiss the amended complaint. Muir v. PRIAC, et al. In February 2016, a putative class action complaint entitled Randall C. Muir, on behalf of the Ferguson Enterprises, Inc. 401(k) Retirement Savings Plan and All Other Similarly Situated Plans v. PRIAC, Prudential Bank & Trust, FSB, and Prudential Investment Management Services, LLC, was filed in the United States District Court, District of Connecticut. The complaint: (1) seeks certification of a class of all Employee Retirement Income Security Act covered employee pension benefit plans with which Prudential has maintained a contractual relationship based on a group annuity contract or group funding agreement; and (2) alleges that the defendants breached their fiduciary obligations by accepting revenue sharing payments from investment vehicles in its separate accounts and/or by accepting excessive compensation by crediting rates on stable value accounts that are less than PRIAC’s internal rate of return. In April 2016, Plaintiff filed an unopposed motion to consolidate this lawsuit with the Rosen lawsuit. In May 2016, the Court granted the unopposed motion to consolidate the Muir and Rosen lawsuits. The Muir case has been removed from the Court’s docket. North Valley GI Medical Group v. Prudential Investments LLC In August 2016, the Court denied the motion to dismiss the complaint. Financial Disclosures Concerning Death Benefits and Unclaimed Property City of Sterling Heights General Employees’ Retirement System v. Prudential Financial, Inc., et. al. —In April 2016, the parties entered into a proposed agreement to resolve the class action claims asserted in the amended complaint. Thereafter, Plaintiffs filed a motion for an order preliminarily approving the settlement in accordance with the parties' April 2016 Stipulation of Settlement. In June 2016, the Court issued an order “preliminarily approving settlement and providing for notice.” In September 2016, the Court issued a final judgment approving the settlement and dismissed the amended complaint with prejudice. Residential Mortgage-Backed Securities Trustee PICA et al. v. Bank of New York Mellon (“BONYM”) —In March 2016, the Court issued a decision involving BONYM’s motion to dismiss: (i) denying the motion to dismiss the Pooling and Servicing Agreement (“PSA”) trust claims for lack of jurisdiction; (ii) denying the motion regarding claims for violations of the Trust Indenture Act of 1939 and breach of contract; and (iii) granting the motion regarding claims for negligence and breach of fiduciary duty. PICA et al. v. Citibank N.A. —In February 2016, Citibank filed a motion to dismiss the state court complaint. In August 2016, Plaintiffs filed an amended complaint in state court, and in September 2016, Citibank filed a motion to dismiss the amended complaint. PICA et al. v. Deutsche Bank, et al. —In February 2016, the Company, together with other institutional investor plaintiffs, filed an amended complaint in federal court. In March 2016, the Company, together with other institutional investors, filed a complaint in California State Superior Court, captioned BlackRock Balanced Capital Portfolio (FI), et al. v. Deutsche Bank Trust Company Americas , asserting claims relating to the PSA trusts. In May 2016, the Company, together with other institutional investors, filed an amended class action complaint in California State Superior Court. In July 2016, Defendant filed a motion to dismiss the amended federal court complaint. In August 2016, Defendant filed a demurrer and motion to strike the amended state court class action complaint. In October 2016, the Court issued a decision regarding Defendants motion to dismiss: (i) sustaining Plaintiffs’ breach of contract claims concerning the trust at issue; (ii) dismissing Plaintiffs’ tort claims for breach of fiduciary duty; and (iii) dismissing Plaintiffs’ claims of breach of duty to avoid conflicts of interest. The Court granted Plaintiffs’ leave to file an amended complaint. PICA et al. v. U.S. Bank National Association —In February 2016, the federal district court issued a decision involving U.S. Bank’s motion to dismiss: (1) upholding the breach of contract and Trust Indenture Act claims; and (2) dismissing the breach of fiduciary duty and extra-contractual claims. PICA et al. v. Wells Fargo Bank, et al .—In February 2016, the Company, together with other institutional investor plaintiffs, filed an amended complaint in federal court. In March 2016, the Company, together with other institutional investors, filed a complaint in California State Superior Court, captioned BlackRock Balanced Capital Portfolio (FI), et al. v. Wells Fargo Bank, Nat’l Ass’n ., asserting claims relating to the PSA trusts. In May 2016, Defendant filed a motion to dismiss or to stay the state court action. In July 2016, Defendant filed a motion to dismiss the amended complaint filed previously in federal court. In October 2016, the Court dismissed the state court complaint. Prudential Investment Portfolios 2, f/k/a Dryden Core Investment Fund, o/b/o Prudential Core Short-Term Bond Fund and Prudential Core Taxable Money Market Fund v. Bank of America Corporation et al. In May 2016, the Second Circuit Court of Appeals vacated the District Court’s dismissal of the Libor plaintiffs’ antitrust claims and remanded to the District Court the question of whether Plaintiffs possess standing as "efficient enforcers" of applicable antitrust laws. In July 2016, Defendants filed a joint motion to dismiss all antitrust claims based on lack of standing and lack of personal jurisdiction. Summary The Company’s litigation and regulatory matters are subject to many uncertainties, and given their complexity and scope, their outcome cannot be predicted. It is possible that the Company’s results of operations or cash flow in a particular quarterly or annual period could be materially affected by an ultimate unfavorable resolution of pending litigation and regulatory matters depending, in part, upon the results of operations or cash flow for such period. In light of the unpredictability of the Company’s litigation and regulatory matters, it is also possible that in certain cases an ultimate unfavorable resolution of one or more pending litigation or regulatory matters could have a material adverse effect on the Company’s financial position. Management believes, however, that, based on information currently known to it, the ultimate outcome of all pending litigation and regulatory matters, after consideration of applicable reserves and rights to indemnification, is not likely to have a material adverse effect on the Company’s financial position.

Significant Accounting Polici23

Significant Accounting Policies and Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation, Policy	Basis of Presentation As a result of the Class B Repurchase and resulting elimination of the separation of the Financial Services Businesses and the Closed Block Business, these Unaudited Interim Consolidated Financial Statements refer to the divisions and segments of the Company that formerly comprised the Financial Services Businesses as “PFI excluding Closed Block division” and refer to the operations that were formerly included in the Closed Block Business as the “Closed Block division,” except as otherwise noted. Closed Block Business results were associated with the Company’s Class B Stock for periods prior to January 1, 2015. The Unaudited Interim Consolidated Financial Statements include the accounts of Prudential Financial, entities over which the Company exercises control, including majority-owned subsidiaries and variable interest entities (“VIEs”) in which the Company is considered the primary beneficiary. See Note 5 for more information on the Company’s consolidated variable interest entities. The Unaudited Interim Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) on a basis consistent with reporting interim financial information in accordance with instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission. Intercompany balances and transactions have been eliminated. In the opinion of management, all adjustments necessary for a fair statement of the financial position and results of operations have been made. All such adjustments are of a normal, recurring nature. Interim results are not necessarily indicative of the results that may be expected for the full year. These financial statements should be read in conjunction with the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 . The Company’s Gibraltar Life Insurance Company, Ltd. (“Gibraltar Life”) consolidated operations use a November 30 fiscal year end for purposes of inclusion in the Company’s Consolidated Financial Statements. The Company’s unaudited interim consolidated balance sheet data as of September 30, 2016 , include the assets and liabilities of Gibraltar Life as of August 31, 2016. The Company’s unaudited interim consolidated income statement data include Gibraltar Life’s results of operations for the three and nine months ended August 31, 2016 and 2015, respectively.
Use of Estimates, Policy	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The most significant estimates include those used in determining deferred policy acquisition costs (“DAC”) and related amortization; value of business acquired (“VOBA”) and its amortization; amortization of deferred sales inducements (“DSI”); measurement of goodwill and any related impairment; valuation of investments including derivatives and the recognition of other-than-temporary impairments (“OTTI”); future policy benefits including guarantees; pension and other postretirement benefits; provision for income taxes and valuation of deferred tax assets; and accruals for contingent liabilities, including estimates for losses in connection with unresolved legal matters.
Reclassifications, Policy	Reclassifications Certain amounts in prior periods have been reclassified to conform to the current period presentation.
Adoption of New Accounting Pronouncements	Adoption of New Accounting Pronouncements In May 2015, the Financial Accounting Standards Board (“FASB”) issued guidance (Accounting Standards Update (“ASU” ) 2015-07 , Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) ) to remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The new guidance became effective for annual periods and interim periods within those annual periods that began after December 15, 2015, and was applied retrospectively. Adoption of the guidance did not have a significant effect on the Company’s financial statement disclosures, see Note 13. In April 2015, the FASB issued updated guidance (ASU 2015-03, Interest — Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs ) that simplifies the presentation of debt issuance costs. The pronouncement requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The Company adopted the guidance effective January 1, 2016. Prior period financial information presented in these financial statements has been adjusted to reflect the retrospective adoption of the amended guidance. “Other assets” and “Long-term debt” as previously reported on the Company’s consolidated statements of financial position as of December 31, 2015 were both reduced by $133 million as a result of this retrospective adoption. In February 2015, the FASB issued updated guidance (ASU 2015-02, Consolidation (Topic 810): Amendments to Consolidation Analysis) that modifies the rules regarding consolidation. The pronouncement eliminates specialized guidance for limited partnerships and similar legal entities, and removes the indefinite deferral for certain investment funds. The new guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015, with early adoption permitted. The Company adopted the updated guidance effective January 1, 2016 and applied the modified retrospective method of adoption, primarily resulting in the deconsolidation of certain of its previously consolidated collateralized loan obligations (“CLOs”), as its fee arrangements are no longer deemed variable interests in these entities. The Company continues to consolidate CLOs where it retains other economic interests which absorb more than an insignificant amount of the CLOs expected variability. The Company also deconsolidated certain investment structures where it is no longer deemed to be the primary beneficiary as the Company, through its equity ownership, no longer has the obligation to absorb losses of the VIE that could be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. The impact to the Company’s consolidated statements of financial position upon adoption of the updated guidance was a reduction of $5.5 billion of “Total assets” (including $5.1 billion of “Total investments”) and $5.5 billion of “Total liabilities” (including $5.1 billion of “Notes issued by consolidated variable interest entities”), with a $30 million decrease in “Noncontrolling interests” and a $7 million increase to “Total Prudential Financial, Inc. equity.” In August 2014, the FASB issued updated guidance (ASU 2014-14, Receivables — Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure ) requiring that mortgage loans be derecognized and that a separate other receivable be recognized upon foreclosure if certain conditions are met. Upon foreclosure, the separate other receivable should be measured based on the amount of the loan balance (principal and interest) expected to be recovered from the guarantor. The new guidance became effective for annual periods and interim periods within those annual periods that began after December 15, 2014, and was applied prospectively. Adoption of the guidance did not have a significant effect on the Company’s consolidated financial position, results of operations or financial statement disclosures. In August 2014, the FASB issued updated guidance (ASU 2014-13, Consolidation (Topic 810): Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity ) for measuring the financial assets and the financial liabilities of a consolidated collateralized financing entity. Under the guidance, an entity within scope is permitted to measure both the financial assets and financial liabilities of a consolidated collateralized financing entity based on either the fair value of the financial assets or the financial liabilities, whichever is more observable. If adopted, the guidance eliminates the measurement difference that exists when both are measured at fair value. The Company adopted the updated guidance effective January 1, 2016, and applied the modified retrospective method of adoption. The impact to the Company’s consolidated statements of financial position upon adoption of the updated guidance was a $4 million reduction in “Total liabilities” and a $4 million increase to “Total Prudential Financial, Inc. equity.” In June 2014, the FASB issued updated guidance (ASU 2014-11, Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures ) that requires repurchase-to-maturity transactions to be accounted for as secured borrowings and eliminates existing guidance for repurchase financings. The guidance also requires new disclosures for certain transactions accounted for as secured borrowings and for transfers accounted for as sales when the transferor also retains substantially all of the exposure to the economic return on the transferred financial assets. Accounting changes and new disclosures for transfers accounted for as sales under the new guidance were effective for the first interim or annual period beginning after December 15, 2014, and did not have a significant effect on the Company's consolidated financial position, results of operations or financial statement disclosures. Disclosures for certain transactions accounted for as secured borrowings were effective for interim periods beginning after March 15, 2015, and are included in Note 4. The Company applied the modified retrospective method of adoption. In April 2014, the FASB issued updated guidance (ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity ) that changes the criteria for reporting discontinued operations and introduces new disclosures. The new guidance became effective for new disposals and new classifications of disposal groups as held for sale that occur within annual periods that began on or after December 15, 2014, and interim periods within those annual periods, and was applied prospectively. Adoption of the guidance did not have a significant effect on the Company’s consolidated financial position, results of operations or financial statement disclosures. In January 2014, the FASB issued updated guidance (ASU 2014-04, Receivables — Troubled Debt Restructuring by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure ) for troubled debt restructurings clarifying when an in-substance repossession or foreclosure occurs, and when a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan. The new guidance became effective for annual periods and interim periods within those annual periods that began after December 15, 2014, and was applied prospectively. Adoption of the guidance did not have a significant effect on the Company’s consolidated financial position, results of operations or financial statement disclosures. In January 2014, the FASB issued updated guidance (ASU 2014-01, Investments — Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects ) regarding investments in flow-through limited liability entities that manage or invest in affordable housing projects that qualify for the low-income housing tax credit. Under the guidance, an entity is permitted to make an accounting policy election to amortize the initial cost of its investment in proportion to the tax credits and other tax benefits received and recognize the net investment performance in the statement of operations as a component of income tax expense (benefit) if certain conditions are met. The new guidance became effective for annual periods and interim reporting periods within those annual periods that began after December 15, 2014. The Company did not elect the proportional amortization method under this guidance. As discussed in Note 2, the Company adopted ASU 2015-07, effective January 1, 2016, which resulted in the exclusion of certain separate account investments from the fair value hierarchy. The guidance was required to be applied retrospectively, and therefore, prior period amounts have been conformed to the current period presentation. At September 30, 2016 and December 31, 2015 , the fair values of Separate Account Assets excluded from the fair value hierarchy, which include investments in real estate and other invested assets, were $25,635 million and $25,661 million , respectively, which had been previously classified in Level 3 at December 31, 2015. As discussed in Note 2, the Company adopted ASU 2015-07, effective January 1, 2016, which resulted in the exclusion of certain Other long-term investments from the fair value hierarchy. The guidance was required to be applied retrospectively, and therefore, prior period amounts have been conformed to the current period presentation. At September 30, 2016 and December 31, 2015 , the fair values of these investments, which include certain hedge funds, private equity funds and other funds were $1,514 million and $1,413 million , respectively, of which $82 million and $1,331 million had been previously classified in Level 2 and Level 3, respectively, at December 31, 2015 .
Future Adoption of New Accounting Pronouncements	Future Adoption of New Accounting Pronouncements In May 2014, the FASB issued updated guidance (ASU 2014-09, Revenue from Contracts with Customers (Topic 606) ) on accounting for revenue recognition. The guidance is based on the core principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. The guidance also requires additional disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from cost incurred to obtain or fulfill a contract. Revenue recognition for insurance contracts and financial instruments is explicitly scoped out of the guidance. In August 2015, the FASB issued an update to defer the original effective date of this guidance. As a result of the deferral, the new guidance is effective for annual periods and interim periods within those annual periods, beginning after December 15, 2017, and must be applied using one of two retrospective application methods. Early adoption is permitted only for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently assessing the impact of the guidance on the Company’s consolidated financial position, results of operations and financial statement disclosures. In May 2015, the FASB issued final guidance (ASU 2015-09, Financial Services — Insurance (Topic 944): Disclosures about Short-Duration Contracts ) that aims to enhance disclosures about insurance contracts classified as short-duration. The new disclosure requirements focus on providing users of financial statements with more transparent information about an insurance entity’s initial claim estimates and subsequent adjustments to those estimates, methodologies and judgments in estimating claims, and timing, frequency and severity of claims as they relate to short-duration insurance contracts. The new guidance is effective for annual periods beginning after December 15, 2015, and interim periods within annual periods beginning after December 15, 2016, and is to be applied retrospectively. The Company is currently assessing the impact of the guidance on the Company’s financial statement disclosures but has concluded that this guidance will not impact the Company’s consolidated financial position or results of operations. In January 2016, the FASB issued updated guidance (ASU 2016-01, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ) on the recognition and measurement of financial assets and financial liabilities. The guidance revises an entity’s accounting related to the classification and measurement of certain equity investments and the presentation of certain fair value changes for financial liabilities measured at fair value. The guidance also amends certain disclosure requirements associated with the fair value of financial instruments. The new guidance is effective for annual periods and interim reporting periods within those annual periods beginning after December 15, 2017. Early adoption is not permitted except for the provisions related to the presentation of certain fair value changes for financial liabilities measured at fair value. The Company is currently assessing the impact of the guidance on the Company’s consolidated financial position, results of operations and financial statement disclosures. In February 2016, the FASB issued guidance (ASU 2016-02, Leases (Topic 842) ) that ensures assets and liabilities from all outstanding lease contracts are recognized on balance sheet (with limited exception). The guidance substantially changes a Lessee’s accounting for leases and requires the recording on balance sheet of a “right-of-use” asset and liability to make lease payments for most leases. A Lessee will continue to recognize expense in its income statement in a manner similar to the requirements under the current lease accounting guidance. For Lessors, the guidance modifies classification criteria and accounting for sales-type and direct financing leases and requires a Lessor to derecognize the carrying value of the leased asset that is considered to have been transferred to a Lessee and record a lease receivable and residual asset (“receivable and residual” approach). The guidance also eliminates the real estate specific provisions of the current guidance (i.e., sale-leaseback). The new guidance is effective for financial statements issued for annual reporting periods beginning after December 15, 2018, and for interim periods within those annual periods, with early adoption permitted. The Company is currently assessing the impact of the guidance on the Company’s consolidated financial position, results of operations and financial statement disclosures. In March 2016, the FASB issued guidance (ASU 2016-07, Investments—Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting ) to simplify the transition to equity method when an investment qualifies for use of the equity method as a result of an increase in the level of ownership or degree of influence. The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. The new guidance is effective for financial statements issued for annual reporting periods beginning after December 15, 2016, and for interim periods within those annual periods. The guidance is to be applied prospectively to increases in the level of ownership interest or degree of influence that result in the adoption of the equity method after the effective date. The Company does not expect the adoption of this guidance to have a significant impact on the Company’s consolidated financial position, results of operations and financial statement disclosures. In March 2016, the FASB issued guidance (ASU 2016-09, Compensation — Stock Compensation (Topic 718): Improvements to Employee Share-Based Payments Accounting ) to simplify and improve employee share-based payment accounting. The areas updated include income tax consequences, a policy election related to forfeitures, classification of awards as either equity or liability, and classification of operating and financing activity on the statement of cash flows. The new guidance is effective for financial statements issued for annual reporting periods beginning after December 15, 2016, and for interim periods within those annual periods, with early adoption permitted. The Company does not expect the adoption of this guidance to have a significant impact on the Company’s consolidated financial position, results of operations and financial statement disclosures. In June 2016, the FASB issued guidance (ASU 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ) that provides a new current expected credit loss model to account for credit losses on certain financial assets and off-balance sheet exposures (e.g., loans held for investment, debt securities held to maturity, reinsurance receivables, net investments in leases and loan commitments). The model requires an entity to estimate lifetime credit losses related to such financial assets and exposures based on relevant information about past events, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. The guidance also modifies the current other-than-temporary impairment guidance for available-for-sale debt securities to require the use of an allowance rather than a direct write down of the investment, and replaces existing guidance for purchased credit deteriorated loans and debt securities. The new guidance is effective for financial statements issued by public entities for annual reporting periods beginning after December 15, 2019, and for interim periods within those annual periods. Early adoption is permitted for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently assessing the impact of the guidance on the Company’s consolidated financial position, results of operations and financial statement disclosures. In August 2016, the FASB issued guidance (ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the Emerging Issues Task Force) ) to address diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments provide clarity on the treatment of eight specifically defined types of cash inflows and outflows. The new guidance is effective for financial statements issued for annual reporting periods beginning after December 15, 2017, and for interim periods within those annual periods, with early adoption permitted, provided that all of the amendments are adopted in the same period. The Company is currently assessing the impact of the guidance on the Company’s statement of cash flows.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2016
Investments [Abstract]
Fixed Maturities and Equity Securities, Available-for-sale Securities	December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value OTTI in AOCI(4) (in millions) Fixed maturities, available-for-sale U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 14,992 $ 3,544 $ 19 $ 18,517 $ 0 Obligations of U.S. states and their political subdivisions 8,089 747 41 8,795 0 Foreign government bonds 71,849 12,011 147 83,713 1 U.S. corporate public securities 70,979 6,344 1,955 75,368 (3 ) U.S. corporate private securities(1) 28,525 2,278 359 30,444 0 Foreign corporate public securities 26,354 2,821 621 28,554 0 Foreign corporate private securities 19,393 739 994 19,138 0 Asset-backed securities(2) 10,121 226 121 10,226 (452 ) Commercial mortgage-backed securities 10,337 195 70 10,462 (1 ) Residential mortgage-backed securities(3) 4,777 335 6 5,106 (4 ) Total fixed maturities, available-for-sale(1) $ 265,416 $ 29,240 $ 4,333 $ 290,323 $ (459 ) Equity securities, available-for-sale $ 6,847 $ 2,570 $ 143 $ 9,274 (1) Excludes notes with amortized cost of $1,127 million (fair value, $1,127 million ) which have been offset with the associated payables under a netting agreement. (2) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. (4) Represents the amount of OTTI losses in “Accumulated other comprehensive income (loss)” (“AOCI”), which were not included in earnings. Amount excludes $686 million of net unrealized gains on impaired available-for-sale securities and $1 million of net unrealized gains on impaired held-to-maturity securities relating to changes in the value of such securities subsequent to the impairment measurement date. The following tables provide information relating to fixed maturities and equity securities (excluding investments classified as trading) as of the dates indicated: September 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value OTTI in AOCI(4) (in millions) Fixed maturities, available-for-sale U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 20,359 $ 5,403 $ 37 $ 25,725 $ 0 Obligations of U.S. states and their political subdivisions 8,489 1,382 4 9,867 0 Foreign government bonds 86,008 22,522 130 108,400 0 U.S. corporate public securities 78,592 9,513 489 87,616 (9 ) U.S. corporate private securities(1) 29,905 2,789 226 32,468 (20 ) Foreign corporate public securities 27,185 3,619 155 30,649 (6 ) Foreign corporate private securities 20,645 966 616 20,995 0 Asset-backed securities(2) 10,318 178 121 10,375 (316 ) Commercial mortgage-backed securities 11,912 604 15 12,501 (1 ) Residential mortgage-backed securities(3) 4,332 319 3 4,648 (3 ) Total fixed maturities, available-for-sale(1) $ 297,745 $ 47,295 $ 1,796 $ 343,244 $ (355 ) Equity securities, available-for-sale $ 7,197 $ 2,611 $ 43 $ 9,765 (1) Excludes notes with amortized cost of $1,050 million (fair value, $1,039 million ) which have been offset with the associated payables under a netting agreement. (2) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. (4) Represents the amount of OTTI losses in AOCI, which were not included in earnings. Amount excludes $693 million of net unrealized gains on impaired available-for-sale securities and less than $1 million of net unrealized gains on impaired held-to-maturity securities relating to changes in the value of such securities subsequent to the impairment measurement date.
Fixed Maturities, Held-to-maturity Securities	September 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (in millions) Fixed maturities, held-to-maturity Foreign government bonds $ 965 $ 341 $ 0 $ 1,306 Foreign corporate public securities 717 83 0 800 Foreign corporate private securities(5) 93 4 0 97 Commercial mortgage-backed securities 1 0 0 1 Residential mortgage-backed securities(3) 695 57 0 752 Total fixed maturities, held-to-maturity(5) $ 2,471 $ 485 $ 0 $ 2,956 __________ (1) Excludes notes with amortized cost of $1,127 million (fair value, $1,127 million ) which have been offset with the associated payables under a netting agreement. (2) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. (4) Represents the amount of OTTI losses in “Accumulated other comprehensive income (loss)” (“AOCI”), which were not included in earnings. Amount excludes $686 million of net unrealized gains on impaired available-for-sale securities and $1 million of net unrealized gains on impaired held-to-maturity securities relating to changes in the value of such securities subsequent to the impairment measurement date. (5) Excludes notes with amortized cost of $4,165 million (fair value, $4,165 million ) which have been offset with the associated payables under a netting agreement. December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (in millions) Fixed maturities, held-to-maturity Foreign government bonds $ 816 $ 196 $ 0 $ 1,012 Foreign corporate public securities 625 62 0 687 Foreign corporate private securities(5) 78 4 0 82 Commercial mortgage-backed securities 33 1 0 34 Residential mortgage-backed securities(3) 756 53 0 809 Total fixed maturities, held-to-maturity(5) $ 2,308 $ 316 $ 0 $ 2,624 __________ (1) Excludes notes with amortized cost of $1,050 million (fair value, $1,039 million ) which have been offset with the associated payables under a netting agreement. (2) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. (3) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. (4) Represents the amount of OTTI losses in AOCI, which were not included in earnings. Amount excludes $693 million of net unrealized gains on impaired available-for-sale securities and less than $1 million of net unrealized gains on impaired held-to-maturity securities relating to changes in the value of such securities subsequent to the impairment measurement date. (5) Excludes notes with amortized cost of $3,850 million (fair value, $4,081 million ) which have been offset with the associated payables under a netting agreement.
Duration Of Gross Unrealized Losses On Fixed Maturity and Equity Securities	September 30, 2016 Less than Twelve months Total Fair Gross Fair Gross Fair Gross (in millions) Fixed maturities(1) U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 2,818 $ 37 $ 0 $ 0 $ 2,818 $ 37 Obligations of U.S. states and their political subdivisions 80 1 21 3 101 4 Foreign government bonds 2,133 112 296 18 2,429 130 U.S. corporate public securities 5,907 201 3,237 288 9,144 489 U.S. corporate private securities 1,926 114 1,482 112 3,408 226 Foreign corporate public securities 1,264 41 1,230 114 2,494 155 Foreign corporate private securities 2,692 183 4,773 433 7,465 616 Asset-backed securities 1,287 68 2,712 53 3,999 121 Commercial mortgage-backed securities 1,417 14 148 1 1,565 15 Residential mortgage-backed securities 64 2 89 1 153 3 Total $ 19,588 $ 773 $ 13,988 $ 1,023 $ 33,576 $ 1,796 Equity securities, available-for-sale $ 699 $ 42 $ 12 $ 1 $ 711 $ 43 __________ (1) Includes $14 million of fair value and less than $1 million of gross unrealized losses at September 30, 2016 , on securities classified as held-to-maturity, which is not reflected in AOCI. December 31, 2015 Less than Twelve months Total Fair Gross Fair Gross Fair Gross (in millions) Fixed maturities(1) U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 3,068 $ 19 $ 0 $ 0 $ 3,068 $ 19 Obligations of U.S. states and their political subdivisions 1,391 40 7 1 1,398 41 Foreign government bonds 1,925 82 411 65 2,336 147 U.S. corporate public securities 24,642 1,396 3,455 559 28,097 1,955 U.S. corporate private securities 6,996 266 802 93 7,798 359 Foreign corporate public securities 5,985 288 1,584 333 7,569 621 Foreign corporate private securities 6,199 340 3,917 654 10,116 994 Asset-backed securities 4,342 33 3,138 88 7,480 121 Commercial mortgage-backed securities 3,888 63 473 7 4,361 70 Residential mortgage-backed securities 558 4 119 2 677 6 Total $ 58,994 $ 2,531 $ 13,906 $ 1,802 $ 72,900 $ 4,333 Equity securities, available-for-sale $ 1,862 $ 142 $ 11 $ 1 $ 1,873 $ 143 __________ (1) Includes $0 million of fair value and $0 million of gross unrealized losses at December 31, 2015 , on securities classified as held-to-maturity, which is not reflected in AOCI
Investments Classified by Contractual Maturity Date	The amortized cost and fair value of fixed maturities by contractual maturities at September 30, 2016 , are as follows: Available-for-Sale Held-to-Maturity Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Due in one year or less $ 10,680 $ 11,142 $ 13 $ 13 Due after one year through five years 47,613 52,034 191 203 Due after five years through ten years 61,574 67,850 610 685 Due after ten years(1) 151,316 184,694 961 1,302 Asset-backed securities 10,318 10,375 0 0 Commercial mortgage-backed securities 11,912 12,501 1 1 Residential mortgage-backed securities 4,332 4,648 695 752 Total $ 297,745 $ 343,244 $ 2,471 $ 2,956 __________ (1) Excludes available-for-sale notes with amortized cost of $1,127 million (fair value, $1,127 million ) and held-to-maturity notes with amortized cost of $4,165 million (fair value, $4,165 million ), which have been offset with the associated payables under a netting agreement.
Sources of Fixed Maturity Proceeds, Related Investment Gains (Losses), and Losses on Impairments of Fixed Maturities and Equity Securities	The following table depicts the sources of fixed maturity and equity security proceeds and related investment gains (losses), as well as losses on impairments of both fixed maturities and equity securities: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 (in millions) Fixed maturities, available-for-sale Proceeds from sales(1) $ 7,585 $ 6,016 $ 21,939 $ 21,059 Proceeds from maturities/repayments(1) 4,960 4,496 14,583 14,209 Gross investment gains from sales, prepayments and maturities 440 427 1,234 1,401 Gross investment losses from sales and maturities (46 ) (73 ) (343 ) (170 ) Fixed maturities, held-to-maturity Gross investment gains from prepayments $ 0 $ 0 $ 0 $ 0 Proceeds from maturities/repayments 83 58 208 181 Equity securities, available-for-sale Proceeds from sales $ 978 $ 1,181 $ 2,815 $ 3,734 Gross investment gains from sales 177 167 425 594 Gross investment losses from sales (30 ) (61 ) (137 ) (123 ) Fixed maturity and equity security impairments Net writedowns for other-than-temporary impairment losses on fixed maturities recognized in earnings(2) $ (29 ) $ (73 ) $ (166 ) $ (110 ) Writedowns for impairments on equity securities (23 ) (60 ) (65 ) (77 ) __________ (1) Includes $122 million and $267 million of non-cash related proceeds for the nine months ended September 30, 2016 and 2015 , respectively. (2) Excludes the portion of OTTI recorded in “Other comprehensive income (loss),” (“OCI”) representing any difference between the fair value of the impaired debt security and the net present value of its projected future cash flows at the time of impairment.
Credit Losses Recognized in Earnings on Fixed Maturity Securities Held by the Company for which a Portion of the OTTI Loss was Recognized in OCI	The following tables set forth the amount of pre-tax credit loss impairments on fixed maturity securities held by the Company as of the dates indicated, for which a portion of the OTTI loss was recognized in OCI, and the corresponding changes in such amounts: Three Months Ended September 30, 2016 Nine Months Ended September 30, 2016 (in millions) Balance, beginning of period $ 424 $ 532 Credit loss impairments previously recognized on securities which matured, paid down, prepaid or were sold during the period (76 ) (217 ) Credit loss impairments previously recognized on securities impaired to fair value during the period(1) 0 (2 ) Credit loss impairments recognized in the current period on securities not previously impaired 0 27 Additional credit loss impairments recognized in the current period on securities previously impaired 0 0 Increases due to the passage of time on previously recorded credit losses 5 17 Accretion of credit loss impairments previously recognized due to an increase in cash flows expected to be collected (2 ) (6 ) Balance, end of period $ 351 $ 351 Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 (in millions) Balance, beginning of period $ 751 $ 781 Credit loss impairments previously recognized on securities which matured, paid down, prepaid or were sold during the period (187 ) (215 ) Credit loss impairments previously recognized on securities impaired to fair value during the period(1) (6 ) (19 ) Credit loss impairments recognized in the current period on securities not previously impaired 0 3 Additional credit loss impairments recognized in the current period on securities previously impaired 1 2 Increases due to the passage of time on previously recorded credit losses 1 14 Accretion of credit loss impairments previously recognized due to an increase in cash flows expected to be collected (3 ) (9 ) Balance, end of period $ 557 $ 557 __________ (1) Represents circumstances where the Company determined in the current period that it intends to sell the security or it is more likely than not that it will be required to sell the security before recovery of the security’s amortized cost.
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure	The following table sets forth the composition of “Trading account assets supporting insurance liabilities” as of the dates indicated: September 30, 2016 December 31, 2015 Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Short-term investments and cash equivalents $ 908 $ 908 $ 765 $ 765 Fixed maturities: Corporate securities 13,296 13,773 12,797 12,851 Commercial mortgage-backed securities 1,873 1,952 1,860 1,862 Residential mortgage-backed securities(1) 1,217 1,261 1,411 1,428 Asset-backed securities(2) 1,311 1,327 1,295 1,299 Foreign government bonds 784 813 680 694 U.S. government authorities and agencies and obligations of U.S. states 399 449 326 369 Total fixed maturities 18,880 19,575 18,369 18,503 Equity securities 1,223 1,345 1,030 1,254 Total trading account assets supporting insurance liabilities $ 21,011 $ 21,828 $ 20,164 $ 20,522 __________ (1) Includes publicly-traded agency pass-through securities and collateralized mortgage obligations. (2) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types.
Other Trading Account Assets Disclosure	The following table sets forth the composition of the “Other trading account assets” as of the dates indicated: September 30, 2016 December 31, 2015 Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Short-term investments and cash equivalents $ 27 $ 27 $ 26 $ 26 Fixed maturities 4,783 4,635 11,132 10,764 Equity securities 867 950 1,006 1,098 Other 5 7 12 15 Subtotal $ 5,682 5,619 $ 12,176 11,903 Derivative instruments 1,940 2,555 Total other trading account assets $ 7,559 $ 14,458
Investments Securities Disclosure	As of both September 30, 2016 and December 31, 2015 , the Company’s exposure to concentrations of credit risk of single issuers greater than 10% of the Company’s stockholders’ equity included securities of the U.S. government and certain U.S. government agencies and certain securities guaranteed by the U.S. government, as well as the securities disclosed below . September 30, 2016 December 31, 2015 Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Investments in Japanese government and government agency securities: Fixed maturities, available-for-sale $ 65,711 $ 82,317 $ 53,851 $ 61,911 Fixed maturities, held-to-maturity 942 1,276 796 988 Trading account assets supporting insurance liabilities 585 613 492 502 Other trading account assets 17 17 33 33 Total $ 67,255 $ 84,223 $ 55,172 $ 63,434 September 30, 2016 December 31, 2015 Amortized Cost Fair Value Amortized Cost Fair Value (in millions) Investments in South Korean government and government agency securities: Fixed maturities, available-for-sale $ 8,165 $ 11,308 $ 7,191 $ 9,233 Fixed maturities, held-to-maturity 0 0 0 0 Trading account assets supporting insurance liabilities 44 45 44 44 Other trading account assets 0 0 0 0 Total $ 8,209 $ 11,353 $ 7,235 $ 9,277
Commercial Mortgage and Other Loans	The Company’s commercial mortgage and other loans are comprised as follows, as of the dates indicated: September 30, 2016 December 31, 2015 Amount (in millions) % of Total Amount (in millions) % of Total Commercial mortgage and agricultural property loans by property type: Office $ 12,137 23.7 % $ 11,226 22.9 % Retail 8,593 16.7 8,917 18.2 Apartments/Multi-Family 13,247 25.8 12,034 24.5 Industrial 7,806 15.2 7,775 15.9 Hospitality 2,384 4.7 2,513 5.1 Other 4,266 8.3 3,722 7.6 Total commercial mortgage loans 48,433 94.4 46,187 94.2 Agricultural property loans 2,888 5.6 2,859 5.8 Total commercial mortgage and agricultural property loans by property type 51,321 100.0 % 49,046 100.0 % Valuation allowance (99 ) (99 ) Total net commercial mortgage and agricultural property loans by property type 51,222 48,947 Other loans: Uncollateralized loans 748 1,012 Residential property loans 301 301 Other collateralized loans 11 312 Total other loans 1,060 1,625 Valuation allowance (9 ) (13 ) Total net other loans 1,051 1,612 Total commercial mortgage and other loans(1) $ 52,273 $ 50,559 __________ (1) Includes loans held at fair value.
Allowance for Losses	Activity in the allowance for credit losses for all commercial mortgage and other loans, as of the dates indicated, is as follows: September 30, 2016 Commercial Mortgage Loans Agricultural Property Loans Residential Property Loans Other Collateralized Loans Uncollateralized Loans Total (in millions) Allowance for credit losses, beginning of year $ 97 $ 2 $ 3 $ 0 $ 10 $ 112 Addition to (release of) allowance for losses 0 0 (1 ) 0 (5 ) (6 ) Charge-offs, net of recoveries 0 0 0 0 0 0 Change in foreign exchange 0 0 1 0 1 2 Total ending balance $ 97 $ 2 $ 3 $ 0 $ 6 $ 108 December 31, 2015 Commercial Mortgage Loans Agricultural Property Loans Residential Property Loans Other Collateralized Loans Uncollateralized Loans Total (in millions) Allowance for credit losses, beginning of year $ 104 $ 1 $ 5 $ 0 $ 9 $ 119 Addition to (release of) allowance for losses (7 ) 1 (2 ) 0 1 (7 ) Charge-offs, net of recoveries 0 0 0 0 0 0 Change in foreign exchange 0 0 0 0 0 0 Total ending balance $ 97 $ 2 $ 3 $ 0 $ 10 $ 112
Allowance for Credit Losses and Recorded Investment in Commercial Mortgage and Other Loans	The following tables set forth the allowance for credit losses and the recorded investment in commercial mortgage and other loans as of the dates indicated: September 30, 2016 Commercial Mortgage Loans Agricultural Property Loans Residential Property Loans Other Collateralized Loans Uncollateralized Loans Total (in millions) Allowance for Credit Losses: Individually evaluated for impairment $ 7 $ 0 $ 0 $ 0 $ 0 $ 7 Collectively evaluated for impairment 90 2 3 0 6 101 Loans acquired with deteriorated credit quality 0 0 0 0 0 0 Total ending balance $ 97 $ 2 $ 3 $ 0 $ 6 $ 108 Recorded Investment(1): Gross of reserves: individually evaluated for impairment $ 117 $ 29 $ 0 $ 0 $ 2 $ 148 Gross of reserves: collectively evaluated for impairment 48,316 2,859 301 11 746 52,233 Gross of reserves: loans acquired with deteriorated credit quality 0 0 0 0 0 0 Total ending balance, gross of reserves $ 48,433 $ 2,888 $ 301 $ 11 $ 748 $ 52,381 __________ (1) Recorded investment reflects the carrying value gross of related allowance. December 31, 2015 Commercial Mortgage Loans Agricultural Property Loans Residential Property Loans Other Collateralized Loans Uncollateralized Loans Total (in millions) Allowance for Credit Losses: Individually evaluated for impairment $ 1 $ 0 $ 0 $ 0 $ 0 $ 1 Collectively evaluated for impairment 96 2 3 0 10 111 Loans acquired with deteriorated credit quality 0 0 0 0 0 0 Total ending balance $ 97 $ 2 $ 3 $ 0 $ 10 $ 112 Recorded Investment(1): Gross of reserves: individually evaluated for impairment $ 111 $ 8 $ 0 $ 0 $ 2 $ 121 Gross of reserves: collectively evaluated for impairment 46,076 2,851 301 312 1,010 50,550 Gross of reserves: loans acquired with deteriorated credit quality 0 0 0 0 0 0 Total ending balance, gross of reserves $ 46,187 $ 2,859 $ 301 $ 312 $ 1,012 $ 50,671 __________ (1) Recorded investment reflects the carrying value gross of related allowance.
Impaired Financing Receivables	Impaired commercial mortgage and other loans identified in management’s specific review of probable loan losses and the related allowance for losses, as of the dates indicated, are as follows: September 30, 2016 Recorded Investment(1) Unpaid Principal Balance Related Allowance Average Recorded Investment Before Allowance(2) Interest Income Recognized(3) (in millions) With no related allowance recorded: Commercial mortgage loans $ 0 $ 0 $ 0 $ 0 $ 0 Agricultural property loans 0 0 0 0 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 2 0 0 0 Total with no related allowance $ 0 $ 2 $ 0 $ 0 $ 0 With an allowance recorded: Commercial mortgage loans $ 51 $ 51 $ 7 $ 27 $ 2 Agricultural property loans 0 0 0 0 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 0 0 0 0 Total with related allowance $ 51 $ 51 $ 7 $ 27 $ 2 Total: Commercial mortgage loans $ 51 $ 51 $ 7 $ 27 $ 2 Agricultural property loans 0 0 0 0 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 2 0 0 0 Total $ 51 $ 53 $ 7 $ 27 $ 2 __________ (1) Recorded investment reflects the carrying value gross of related allowance. (2) Average recorded investment represents the average of the beginning-of-period and all subsequent quarterly end-of-period balances. (3) The interest income recognized is for the year-to-date income regardless of when the impairments occurred. December 31, 2015 Recorded Investment(1) Unpaid Principal Balance Related Allowance Average Recorded Investment Before Allowance(2) Interest Income Recognized(3) (in millions) With no related allowance recorded: Commercial mortgage loans $ 0 $ 0 $ 0 $ 0 $ 0 Agricultural property loans 0 0 0 2 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 1 0 0 0 Total with no related allowance $ 0 $ 1 $ 0 $ 2 $ 0 With an allowance recorded: Commercial mortgage loans $ 1 $ 1 $ 1 $ 52 $ 3 Agricultural property loans 0 0 0 0 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 0 0 0 0 Total with related allowance $ 1 $ 1 $ 1 $ 52 $ 3 Total: Commercial mortgage loans $ 1 $ 1 $ 1 $ 52 $ 3 Agricultural property loans 0 0 0 2 0 Residential property loans 0 0 0 0 0 Other collateralized loans 0 0 0 0 0 Uncollateralized loans 0 1 0 0 0 Total $ 1 $ 2 $ 1 $ 54 $ 3 __________ (1) Recorded investment reflects the carrying value gross of related allowance. (2) Average recorded investment represents the average of the beginning-of-period and all subsequent quarterly end-of-period balances. (3) The interest income recognized is for the year-to-date income regardless of when the impairments occurred.
Financing Receivable Credit Quality Indicators	The following tables set forth certain key credit quality indicators as of December 31, 2015 , based upon the recorded investment gross of allowance for credit losses. Commercial mortgage loans Debt Service Coverage Ratio—December 31, 2015 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 25,978 $ 515 $ 207 $ 26,700 60%-69.99% 12,191 395 234 12,820 70%-79.99% 5,668 500 97 6,265 Greater than 80% 119 151 132 402 Total commercial mortgage loans $ 43,956 $ 1,561 $ 670 $ 46,187 Agricultural property loans Debt Service Coverage Ratio—December 31, 2015 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 2,587 $ 84 $ 3 $ 2,674 60%-69.99% 185 0 0 185 70%-79.99% 0 0 0 0 Greater than 80% 0 0 0 0 Total agricultural property loans $ 2,772 $ 84 $ 3 $ 2,859 Total commercial mortgage and agricultural property loans Debt Service Coverage Ratio—December 31, 2015 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 28,565 $ 599 $ 210 $ 29,374 60%-69.99% 12,376 395 234 13,005 70%-79.99% 5,668 500 97 6,265 Greater than 80% 119 151 132 402 Total commercial mortgage and agricultural property loans $ 46,728 $ 1,645 $ 673 $ 49,046 The following tables set forth certain key credit quality indicators as of September 30, 2016 , based upon the recorded investment gross of allowance for credit losses. Commercial mortgage loans Debt Service Coverage Ratio—September 30, 2016 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 26,467 $ 411 $ 306 $ 27,184 60%-69.99% 13,954 413 102 14,469 70%-79.99% 6,048 237 101 6,386 Greater than 80% 226 50 118 394 Total commercial mortgage loans $ 46,695 $ 1,111 $ 627 $ 48,433 Agricultural property loans Debt Service Coverage Ratio—September 30, 2016 Greater than 1.2X 1.0X to <1.2X Less than 1.0X Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 2,643 $ 124 $ 17 $ 2,784 60%-69.99% 104 0 0 104 70%-79.99% 0 0 0 0 Greater than 80% 0 0 0 0 Total agricultural property loans $ 2,747 $ 124 $ 17 $ 2,888 Total commercial mortgage and agricultural property loans Debt Service Coverage Ratio—September 30, 2016 Greater than 1.0X to <1.2X Less than Total (in millions) Loan-to-Value Ratio 0%-59.99% $ 29,110 $ 535 $ 323 $ 29,968 60%-69.99% 14,058 413 102 14,573 70%-79.99% 6,048 237 101 6,386 Greater than 80% 226 50 118 394 Total commercial mortgage and agricultural property loans $ 49,442 $ 1,235 $ 644 $ 51,321
Aging of Past Due Commercial Mortgage and Other Loans and Nonaccrual Status	The following tables provide an aging of past due commercial mortgage and other loans as of the dates indicated, based upon the recorded investment gross of allowance for credit losses, as well as the amount of commercial mortgage loans on nonaccrual status as of the dates indicated. September 30, 2016 Current 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Total Commercial Mortgage and Other Loans Non Accrual Status (in millions) Commercial mortgage loans $ 48,429 $ 0 $ 0 $ 4 $ 4 $ 48,433 $ 52 Agricultural property loans 2,886 0 0 2 2 2,888 2 Residential property loans 288 6 2 5 13 301 5 Other collateralized loans 11 0 0 0 0 11 0 Uncollateralized loans 748 0 0 0 0 748 0 Total $ 52,362 $ 6 $ 2 $ 11 $ 19 $ 52,381 $ 59 December 31, 2015 Current 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Total Commercial Mortgage and Other Loans Non Accrual Status (in millions) Commercial mortgage loans $ 46,187 $ 0 $ 0 $ 0 $ 0 $ 46,187 $ 53 Agricultural property loans 2,856 2 0 1 3 2,859 1 Residential property loans 288 7 0 6 13 301 6 Other collateralized loans 312 0 0 0 0 312 0 Uncollateralized loans 1,012 0 0 0 0 1,012 0 Total $ 50,655 $ 9 $ 0 $ 7 $ 16 $ 50,671 $ 60
Net Investment Income	Net investment income for the three and nine months ended September 30, 2016 and 2015 , was from the following sources: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Fixed maturities, available-for-sale(1) $ 2,798 $ 2,572 $ 8,126 $ 7,766 Fixed maturities, held-to-maturity(1) 52 51 155 151 Equity securities, available-for-sale 95 87 285 264 Trading account assets 252 304 747 885 Commercial mortgage and other loans 553 580 1,669 1,680 Policy loans 160 156 470 464 Short-term investments and cash equivalents 38 13 105 37 Other long-term investments 300 208 509 589 Gross investment income 4,248 3,971 12,066 11,836 Less: investment expenses (175 ) (230 ) (534 ) (655 ) Net investment income $ 4,073 $ 3,741 $ 11,532 $ 11,181 __________ (1) Includes income on credit-linked notes which are reported on the same financial statement line item as related surplus notes, as conditions are met for right to offset.
Realized Gain (Loss) on Investments	Realized investment gains (losses), net, for the three and nine months ended September 30, 2016 and 2015 , were from the following sources: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Fixed maturities $ 365 $ 281 $ 725 $ 1,121 Equity securities 124 46 223 394 Commercial mortgage and other loans 5 (8 ) 36 23 Investment real estate 14 0 15 38 Joint ventures and limited partnerships (14 ) (71 ) (78 ) (80 ) Derivatives(1) 323 1,453 3,218 2,688 Other (4 ) (1 ) (12 ) 6 Realized investment gains (losses), net $ 813 $ 1,700 $ 4,127 $ 4,190 __________ (1) Includes the offset of hedged items in qualifying effective hedge relationships prior to maturity or termination.
Unrealized Gains and (Losses) on Investments	The table below presents net unrealized gains (losses) on investments by asset class as of the dates indicated: September 30, December 31, (in millions) Fixed maturity securities on which an OTTI loss has been recognized $ 331 $ 234 Fixed maturity securities, available-for-sale—all other 45,168 24,673 Equity securities, available-for-sale 2,568 2,427 Derivatives designated as cash flow hedges(1) 1,093 1,165 Other investments(2) (24 ) (25 ) Net unrealized gains (losses) on investments $ 49,136 $ 28,474 __________ (1) See Note 14 for more information on cash flow hedges. (2) As of September 30, 2016 , there were no net unrealized losses on held-to-maturity securities that were previously transferred from available-for-sale. Includes net unrealized gains on certain joint ventures that are strategic in nature and are included in “Other assets” and losses on notes associated with payables under a netting agreement.
Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets	The following tables set forth the composition of repurchase agreements as of the dates indicated. September 30, 2016 Remaining Contractual Maturities of the Agreements Overnight & Continuous Up to 30 Days 30 to 90 Days Greater than 90 Days Total (in millions) U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 1,146 $ 5,091 $ 0 $ 0 $ 6,237 Obligations of U.S. states and their political subdivisions 0 0 0 0 0 Foreign government bonds 0 0 0 0 0 U.S. corporate public securities 0 0 0 0 0 U.S. corporate private securities 0 0 0 0 0 Foreign corporate public securities 0 0 0 0 0 Foreign corporate private securities 0 0 0 0 0 Asset-backed securities 0 0 0 0 0 Commercial mortgage-backed securities 0 0 0 0 0 Residential mortgage-backed securities 0 593 0 0 593 Equity securities 0 0 0 0 0 Total repurchase agreements $ 1,146 $ 5,684 $ 0 $ 0 $ 6,830 December 31, 2015 Remaining Contractual Maturities of the Agreements Overnight & Continuous Up to 30 Days 30 to 90 Days Greater than 90 Days Total (in millions) U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 1,991 $ 4,513 $ 253 $ 0 $ 6,757 Obligations of U.S. states and their political subdivisions 0 0 0 0 0 Foreign government bonds 0 0 0 0 0 U.S. corporate public securities 11 0 0 0 11 U.S. corporate private securities 0 0 0 0 0 Foreign corporate public securities 0 0 0 0 0 Foreign corporate private securities 0 0 0 0 0 Asset-backed securities 0 0 0 0 0 Commercial mortgage-backed securities 0 0 0 0 0 Residential mortgage-backed securities 169 945 0 0 1,114 Equity securities 0 0 0 0 0 Total repurchase agreements $ 2,171 $ 5,458 $ 253 $ 0 $ 7,882 The following tables set forth the composition of securities lending transactions as of the dates indicated. September 30, 2016 Remaining Contractual Maturities of the Agreements Overnight & Continuous Up to 30 Days 30 to 90 Days Greater than 90 Days Total (in millions) U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 106 $ 0 $ 0 $ 0 $ 106 Obligations of U.S. states and their political subdivisions 21 0 0 0 21 Foreign government bonds 227 0 0 0 227 U.S. corporate public securities 3,001 88 0 0 3,089 U.S. corporate private securities 0 0 0 0 0 Foreign corporate public securities 849 61 0 0 910 Foreign corporate private securities 0 0 0 0 0 Asset-backed securities 0 0 0 0 0 Commercial mortgage-backed securities 0 0 0 0 0 Residential mortgage-backed securities 0 81 0 0 81 Equity securities 601 2 0 0 603 Total securities lending transactions $ 4,805 $ 232 $ 0 $ 0 $ 5,037 December 31, 2015 Remaining Contractual Maturities of the Agreements Overnight & Continuous Up to 30 Days 30 to 90 Days Greater than 90 Days Total (in millions) U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 94 $ 0 $ 0 $ 0 $ 94 Obligations of U.S. states and their political subdivisions 4 0 0 0 4 Foreign government bonds 0 0 0 0 0 U.S. corporate public securities 1,401 86 0 0 1,487 U.S. corporate private securities 0 0 0 0 0 Foreign corporate public securities 579 50 0 0 629 Foreign corporate private securities 0 0 0 0 0 Asset-backed securities 241 0 0 0 241 Commercial mortgage-backed securities 8 0 0 0 8 Residential mortgage-backed securities 0 97 0 0 97 Equity securities 936 0 0 0 936 Total securities lending transactions $ 3,263 $ 233 $ 0 $ 0 $ 3,496

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2016
Variable Interest Entities [Abstract]
Schedule of Qualified Special Purpose Entities and Variable Interest Entities	The table below reflects the carrying amount and balance sheet caption in which the assets and liabilities of consolidated VIEs are reported. The liabilities primarily comprise obligations under debt instruments issued by the VIEs that are non-recourse to the Company. The creditors of these VIEs do not have recourse to the Company in excess of the assets contained within the VIEs. Consolidated VIEs for Which the Company is the Investment Manager Other Consolidated VIEs September 30, 2016(1) December 31, September 30, December 31, (in millions) Fixed maturities, available-for-sale $ 75 $ 0 $ 308 $ 179 Fixed maturities, held-to-maturity 93 0 902 760 Trading account assets supporting insurance liabilities 0 0 10 10 Other trading account assets 3,325 9,536 0 0 Commercial mortgage and other loans 542 0 0 300 Other long-term investments 973 0 96 155 Cash and cash equivalents 537 337 0 1 Accrued investment income 18 56 4 3 Other assets 498 324 0 3 Total assets of consolidated VIEs $ 6,061 $ 10,253 $ 1,320 $ 1,411 Notes issued by consolidated VIEs $ 2,722 $ 8,597 $ 0 $ 0 Other liabilities 481 674 13 3 Total liabilities of consolidated VIEs $ 3,203 $ 9,271 $ 13 $ 3 __________ (1) As a result of the adoption of the new accounting guidance ASU 2015-02 effective January 1, 2016, total assets of consolidated VIEs reflects $1,486 million related to VIEs whose beneficial interests are wholly-owned by consolidated subsidiaries.

Closed Block (Tables)

Closed Block (Tables)	9 Months Ended
	Sep. 30, 2016
Closed Block Disclosure [Abstract]
Schedule of Closed Block Liabilities and Assets	Closed Block liabilities and assets designated to the Closed Block, as well as maximum future earnings to be recognized from Closed Block liabilities and Closed Block assets, are as follows: September 30, December 31, (in millions) Closed Block liabilities Future policy benefits $ 49,282 $ 49,538 Policyholders’ dividends payable 986 945 Policyholders’ dividend obligation 6,367 4,509 Policyholders’ account balances 5,213 5,250 Other Closed Block liabilities 3,861 4,171 Total Closed Block liabilities 65,709 64,413 Closed Block assets Fixed maturities, available-for-sale, at fair value 40,092 37,584 Other trading account assets, at fair value 296 288 Equity securities, available-for-sale, at fair value 2,458 2,726 Commercial mortgage and other loans 9,650 9,770 Policy loans 4,696 4,790 Other long-term investments 3,036 2,921 Short-term investments 680 1,467 Total investments 60,908 59,546 Cash and cash equivalents 990 1,036 Accrued investment income 520 506 Other Closed Block assets 456 458 Total Closed Block assets 62,874 61,546 Excess of reported Closed Block liabilities over Closed Block assets 2,835 2,867 Portion of above representing accumulated other comprehensive income: Net unrealized investment gains (losses) 4,777 2,800 Allocated to policyholder dividend obligation (4,795 ) (2,815 ) Future earnings to be recognized from Closed Block assets and Closed Block liabilities $ 2,817 $ 2,852
Schedule of Closed Block Dividend Obligation	Information regarding the policyholder dividend obligation is as follows: Nine Months Ended (in millions) Balance, January 1 $ 4,509 Impact from earnings allocable to policyholder dividend obligation (124 ) Change in net unrealized investment gains (losses) allocated to policyholder dividend obligation 1,982 Balance, September 30 $ 6,367
Schedule of Closed Block Revenues Benefits Expenses	Closed Block revenues and benefits and expenses for the three and nine months ended September 30, 2016 and 2015 , were as follows: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Revenues Premiums $ 599 $ 611 $ 1,913 $ 1,946 Net investment income 707 674 1,968 2,025 Realized investment gains (losses), net 152 94 259 633 Other income (loss) 27 (8 ) 29 13 Total Closed Block revenues 1,485 1,371 4,169 4,617 Benefits and Expenses Policyholders’ benefits 758 760 2,423 2,476 Interest credited to policyholders’ account balances 34 34 101 101 Dividends to policyholders 550 350 1,372 1,537 General and administrative expenses 100 106 303 321 Total Closed Block benefits and expenses 1,442 1,250 4,199 4,435 Closed Block revenues, net of Closed Block benefits and expenses, before income taxes and discontinued operations 43 121 (30 ) 182 Income tax expense (benefit) 30 110 (65 ) 149 Closed Block revenues, net of Closed Block benefits and expenses and income taxes, before discontinued operations 13 11 35 33 Income (loss) from discontinued operations, net of taxes 0 0 0 0 Closed Block revenues, net of Closed Block benefits and expenses, income taxes and discontinued operations $ 13 $ 11 $ 35 $ 33

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2016
Stockholders' Equity Note [Abstract]
Common Stock Disclosure	The changes in the number of shares of Common Stock issued, held in treasury and outstanding, are as follows for the periods indicated: Common Stock Issued Held In Treasury Outstanding (in millions) Balance, December 31, 2015 660.1 213.0 447.1 Common Stock issued 0.0 0.0 0.0 Common Stock acquired 0.0 18.5 (18.5 ) Stock-based compensation programs(1) 0.0 (3.1 ) 3.1 Balance, September 30, 2016 660.1 228.4 431.7 __________ (1) Represents net shares issued from treasury pursuant to the Company’s stock-based compensation program.
Components of Accumulated Other Comprehensive Income (Loss)	The balance of and changes in each component of “Accumulated other comprehensive income (loss) attributable to Prudential Financial, Inc.” for the nine months ended September 30, 2016 and 2015 , are as follows: Accumulated Other Comprehensive Income (Loss) Attributable to Prudential Financial, Inc. Foreign Currency Translation Adjustment Net Unrealized Investment Gains (Losses)(1) Pension and Postretirement Unrecognized Net Periodic Benefit (Cost) Total Accumulated Other Comprehensive Income (Loss) (in millions) Balance, December 31, 2015 $ (1,087 ) $ 15,773 $ (2,401 ) $ 12,285 Change in OCI before reclassifications 1,921 17,851 (44 ) 19,728 Amounts reclassified from AOCI 11 (1,209 ) 161 (1,037 ) Income tax benefit (expense) (375 ) (5,635 ) (41 ) (6,051 ) Balance, September 30, 2016 $ 470 $ 26,780 $ (2,325 ) $ 24,925 Accumulated Other Comprehensive Income (Loss) Attributable to Prudential Financial, Inc. Foreign Currency Translation Adjustment Net Unrealized Investment Gains (Losses)(1) Pension and Postretirement Unrecognized Net Periodic Benefit (Cost) Total Accumulated Other Comprehensive Income (Loss) (in millions) Balance, December 31, 2014 $ (975 ) $ 19,251 $ (2,226 ) $ 16,050 Change in OCI before reclassifications (203 ) (2,386 ) 8 (2,581 ) Amounts reclassified from AOCI 5 (1,657 ) 145 (1,507 ) Income tax benefit (expense) 86 1,469 (54 ) 1,501 Balance, September 30, 2015 $ (1,087 ) $ 16,677 $ (2,127 ) $ 13,463 __________ (1) Includes cash flow hedges of $1,093 million and $1,165 million as of September 30, 2016 and December 31, 2015 , respectively, and $1,017 million and $206 million as of September 30, 2015 and December 31, 2014 , respectively.
Reclassification Out Of Accumulated Other Comprehensive Income (Loss)	Reclassifications out of Accumulated Other Comprehensive Income (Loss) Three Months Ended Nine Months Ended Affected line item in Consolidated Statement of Operations 2016 2015 2016 2015 (in millions) Amounts reclassified from AOCI(1)(2): Foreign currency translation adjustment: Foreign currency translation adjustments $ (3 ) $ (4 ) $ (11 ) $ (5 ) Realized investment gains (losses), net Total foreign currency translation adjustment (3 ) (4 ) (11 ) (5 ) Net unrealized investment gains (losses): Cash flow hedges—Interest Rate (1 ) (2 ) (4 ) (5 ) (3) Cash flow hedges—Currency/Interest rate 83 85 265 147 (3) Net unrealized investment gains (losses) on available-for-sale securities 489 327 948 1,515 Total net unrealized investment gains (losses) 571 410 1,209 1,657 (4) Amortization of defined benefit pension items: Prior service cost 2 3 6 10 (5) Actuarial gain (loss) (56 ) (52 ) (167 ) (155 ) (5) Total amortization of defined benefit pension items (54 ) (49 ) (161 ) (145 ) Total reclassifications for the period $ 514 $ 357 $ 1,037 $ 1,507 __________ (1) All amounts are shown before tax. (2) Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI. (3) See Note 14 for additional information on cash flow hedges. (4) See table below for additional information on unrealized investment gains (losses), including the impact on deferred policy acquisition and other costs, future policy benefits and policyholders’ dividends. (5) See Note 10 for information on employee benefit plans.
Net Unrealized Investment Gain (Loss) AOCI Rollforward	The amounts for the periods indicated below, split between amounts related to fixed maturity securities on which an OTTI loss has been recognized, and all other net unrealized investment gains (losses), are as follows: Net Unrealized Investment Gains (Losses) on Fixed Maturity Securities on which an OTTI loss has been recognized Net Unrealized DAC, DSI and VOBA Future Policy Benefits and Policyholders’ Account Balances Policyholders’ Dividends Deferred Accumulated Other Comprehensive Income (Loss) Related To Net Unrealized Investment Gains (Losses) (in millions) Balance, December 31, 2015 $ 234 $ 6 $ 14 $ (31 ) $ (77 ) $ 146 Net investment gains (losses) on investments arising during the period 107 (36 ) 71 Reclassification adjustment for (gains) losses included in net income 1 0 1 Reclassification adjustment for OTTI losses excluded from net income(1) (11 ) 4 (7 ) Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA (9 ) 3 (6 ) Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances (26 ) 7 (19 ) Impact of net unrealized investment (gains) losses on policyholders’ dividends (9 ) 3 (6 ) Balance, September 30, 2016 $ 331 $ (3 ) $ (12 ) $ (40 ) $ (96 ) $ 180 __________ (1) Represents “transfers in” related to the portion of OTTI losses recognized during the period that were not recognized in earnings for securities with no prior OTTI loss.
All Other Net Unrealized Investment Gain (Loss) AOCI Rollforward	All Other Net Unrealized Investment Gains (Losses) in AOCI Net Unrealized Gains (Losses) on Investments(1) DAC, DSI and VOBA Future Policy Benefits and Policyholders’ Account Balances Policyholders’ Dividends Deferred Income Tax (Liability) Benefit Accumulated Other Comprehensive Income (Loss) Related To Net Unrealized Investment Gains (Losses) (in millions) Balance, December 31, 2015 $ 28,240 $ (760 ) $ (1,082 ) $ (2,802 ) $ (7,969 ) $ 15,627 Net investment gains (losses) on investments arising during the period 21,764 (7,332 ) 14,432 Reclassification adjustment for (gains) losses included in net income (1,210 ) 408 (802 ) Reclassification adjustment for OTTI losses excluded from net income(2) 11 (4 ) 7 Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA (1,343 ) 434 (909 ) Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances (650 ) 185 (465 ) Impact of net unrealized investment (gains) losses on policyholders’ dividends (1,983 ) 693 (1,290 ) Balance, September 30, 2016 $ 48,805 $ (2,103 ) $ (1,732 ) $ (4,785 ) $ (13,585 ) $ 26,600 __________ (1) Includes cash flow hedges. See Note 14 for information on cash flow hedges. (2) Represents “transfers out” related to the portion of OTTI losses recognized during the period that were not recognized in earnings for securities with no prior OTTI loss.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Reconciliation of Earnings Per Share	A reconciliation of the numerators and denominators of the basic and diluted per share computations of Common Stock based on the consolidated earnings of Prudential Financial for the periods indicated, is as follows: Three Months Ended September 30, 2016 2015 Income Weighted Per Share Income Weighted Per Share (in millions, except per share amounts) Basic earnings per share Income (loss) from continuing operations $ 1,832 $ 1,467 Less: Income (loss) attributable to noncontrolling interests 5 2 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards 21 14 Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock $ 1,806 435.9 $ 4.14 $ 1,451 451.0 $ 3.22 Effect of dilutive securities and compensation programs Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic $ 21 $ 14 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted 21 15 Stock options 1.9 2.3 Deferred and long-term compensation programs 0.9 0.9 Exchangeable Surplus Notes 4 5.6 4 5.5 Diluted earnings per share Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock $ 1,810 444.3 $ 4.07 $ 1,454 459.7 $ 3.16 Nine Months Ended September 30, 2016 2015 Income Weighted Per Share Income Weighted Per Share (in millions, except per share amounts) Basic earnings per share Income (loss) from continuing operations $ 4,126 $ 4,972 Less: Income (loss) attributable to noncontrolling interests 42 65 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards 47 48 Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock $ 4,037 440.7 $ 9.16 $ 4,859 452.6 $ 10.74 Effect of dilutive securities and compensation programs Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic $ 47 $ 48 Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted 46 48 Stock options 1.7 2.4 Deferred and long-term compensation programs 0.9 0.9 Exchangeable Surplus Notes 13 5.6 13 5.5 Diluted earnings per share Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock $ 4,051 448.9 $ 9.02 $ 4,872 461.4 $ 10.56
Earnings Per Share Computation	For the periods indicated, the number of stock options and shares related to deferred and long-term compensation programs that were considered antidilutive and were excluded from the computation of diluted earnings per share, weighted for the portion of the period they were outstanding, are as follows: Three Months Ended September 30, 2016 2015 Shares Exercise Price Shares Exercise Price (in millions, except per share amounts, based on weighted average) Antidilutive stock options based on application of the treasury stock method 3.3 $ 85.22 2.5 $ 88.00 Antidilutive stock options due to loss from continuing operations available to holders of Common Stock 0.0 0.0 Antidilutive shares due to loss from continuing operations available to holders of Common Stock 0.0 0.0 Total antidilutive stock options and shares 3.3 2.5 Nine Months Ended September 30, 2016 2015 Shares Exercise Price Shares Exercise Price (in millions, except per share amounts, based on weighted average) Antidilutive stock options based on application of the treasury stock method 3.6 $ 83.95 2.4 $ 87.95 Antidilutive stock options due to loss from continuing operations available to holders of Common Stock 0.0 0.0 Antidilutive shares due to loss from continuing operations available to holders of Common Stock 0.0 0.0 Total antidilutive stock options and shares 3.6 2.4

Short-Term and Long-Term Debt (

Short-Term and Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Short-term Debt	The table below presents the Company’s short-term debt as of the dates indicated: September 30, 2016 December 31, 2015 ($ in millions) Commercial paper: Prudential Financial $ 45 $ 80 Prudential Funding, LLC 430 384 Subtotal commercial paper 475 464 Current portion of long-term debt 432 752 Total short-term debt(1) $ 907 $ 1,216 Supplemental short-term debt information: Portion of commercial paper borrowings due overnight $ 178 $ 331 Daily average commercial paper outstanding $ 1,015 $ 1,127 Weighted average maturity of outstanding commercial paper, in days 20 10 Weighted average interest rate on outstanding short-term debt(2) 0.40 % 0.16 % __________ (1) Includes Prudential Financial debt of $154 million and $831 million at September 30, 2016 and December 31, 2015 , respectively. (2) Excludes the current portion of long-term debt.
Schedule of Credit Facilities	As of September 30, 2016 , the Company maintained syndicated, unsecured committed credit facilities as described below. Borrowers Original Term Expiration Date Capacity Amount Outstanding (in millions) Prudential Financial and Prudential Funding 5 years Apr 2020 $ 4,000 $ 0 Prudential Holdings of Japan, Inc. 3 years Sep 2019 ¥ 100,000 ¥ 0

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of Net Benefit Costs	Net periodic (benefit) cost included in “General and administrative expenses” includes the following components: Three Months Ended September 30, Pension Benefits Other Postretirement Benefits 2016 2015 2016 2015 (in millions) Components of net periodic (benefit) cost Service cost $ 64 $ 61 $ 5 $ 5 Interest cost 125 118 22 21 Expected return on plan assets (189 ) (194 ) (26 ) (29 ) Amortization of prior service cost (2 ) (2 ) 0 (1 ) Amortization of actuarial (gain) loss, net 46 42 10 10 Settlements 1 1 0 0 Special termination benefits 0 0 0 0 Net periodic (benefit) cost $ 45 $ 26 $ 11 $ 6 Nine Months Ended September 30, Pension Benefits Other Postretirement Benefits 2016 2015 2016 2015 (in millions) Components of net periodic (benefit) cost Service cost $ 189 $ 183 $ 14 $ 15 Interest cost 374 352 68 64 Expected return on plan assets (566 ) (581 ) (79 ) (86 ) Amortization of prior service cost (5 ) (6 ) (1 ) (4 ) Amortization of actuarial (gain) loss, net 136 126 31 29 Settlements 3 2 0 0 Special termination benefits 2 4 0 0 Net periodic (benefit) cost $ 133 $ 80 $ 33 $ 18

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	The following table sets forth the significant components of “Realized investment gains (losses), net” that are included in adjusted operating income and, as a result, are reflected as adjustments to “Realized investment gains (losses), net” for purposes of calculating adjusted operating income: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Net gains (losses) from(1): Terminated hedges of foreign currency earnings $ (10 ) $ 74 $ 33 $ 234 Current period yield adjustments $ 107 $ 121 $ 347 $ 369 Principal source of earnings $ 17 $ 48 $ 44 $ 96 __________ (1) In addition to the items in the table above, “Realized investment gains (losses), net, and related charges and adjustments” also includes an adjustment to reflect “Realized investment gains (losses), net” related to divested businesses as results of “Divested businesses,” discussed below. The following table sets forth certain other items excluded from adjusted operating income and reflected as an adjustment to “Realized investment gains (losses), net” for purposes of calculating adjusted operating income: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Net gains (losses) from: Other trading account assets $ 16 $ (86 ) $ (40 ) $ (118 ) Foreign currency exchange movements $ (314 ) $ (127 ) $ (852 ) $ 31 Other activities $ (8 ) $ 4 $ (12 ) $ 5 The table below reconciles adjusted operating income before income taxes to income from continuing operations before income taxes and equity in earnings of operating joint ventures: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Adjusted Operating Income before income taxes by Segment: Individual Annuities $ 588 $ 310 $ 1,343 $ 1,387 Retirement 239 242 694 763 Asset Management 191 180 563 581 Total U.S. Retirement Solutions and Investment Management division 1,018 732 2,600 2,731 Individual Life 111 183 (59 ) 536 Group Insurance 62 44 177 149 Total U.S. Individual Life and Group Insurance division 173 227 118 685 International Insurance 780 812 2,362 2,488 Total International Insurance division 780 812 2,362 2,488 Corporate and Other operations (413 ) (308 ) (1,140 ) (855 ) Total Corporate and Other (413 ) (308 ) (1,140 ) (855 ) Total adjusted operating income before income taxes 1,558 1,463 3,940 5,049 Reconciling items: Realized investment gains (losses), net, and related adjustments 223 1,117 2,443 2,719 Charges related to realized investment gains (losses), net 426 (679 ) (1,096 ) (944 ) Investment gains (losses) on trading account assets supporting insurance liabilities, net 37 (228 ) 361 (365 ) Change in experience-rated contractholder liabilities due to asset value changes 1 258 (262 ) 295 Divested businesses: Closed Block division 31 108 (74 ) 138 Other divested businesses 56 8 76 (26 ) Equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests (17 ) 2 0 60 Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures $ 2,315 $ 2,049 $ 5,388 $ 6,926
Reconciliation of Certain Financial Information from Segments to Consolidated	The table below presents revenues and total assets for the Company’s reportable segments for the periods or as of the dates indicated: Revenues Total Assets Three Months Ended Nine Months Ended September 30, December 31, 2015(1) 2016 2015 2016 2015 (in millions) Individual Annuities $ 1,221 $ 1,167 $ 3,473 $ 3,554 $ 177,946 $ 169,447 Retirement 5,134 1,937 9,268 7,595 177,765 171,183 Asset Management 750 704 2,188 2,213 51,103 54,491 Total U.S. Retirement Solutions and Investment Management division 7,105 3,808 14,929 13,362 406,814 395,121 Individual Life 1,410 1,375 3,931 3,886 79,296 71,856 Group Insurance 1,333 1,294 4,017 3,862 41,906 39,344 Total U.S. Individual Life and Group Insurance division 2,743 2,669 7,948 7,748 121,202 111,200 International Insurance 5,384 4,750 15,771 14,693 215,930 175,153 Total International Insurance division 5,384 4,750 15,771 14,693 215,930 175,153 Corporate and Other operations (182 ) (149 ) (494 ) (418 ) 12,454 13,654 Total Corporate and Other (182 ) (149 ) (494 ) (418 ) 12,454 13,654 Total 15,050 11,078 38,154 35,385 756,400 695,128 Reconciling items: Realized investment gains (losses), net, and related adjustments 223 1,117 2,443 2,719 Charges related to realized investment gains (losses), net (19 ) 72 57 (7 ) Investment gains (losses) on trading account assets supporting insurance liabilities, net 37 (228 ) 361 (365 ) Divested businesses: Closed Block division 1,481 1,368 4,156 4,612 63,465 62,127 Other divested businesses 209 190 602 523 Equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests (20 ) 2 (44 ) (4 ) Total per Unaudited Interim Consolidated Financial Statements $ 16,961 $ 13,599 $ 45,729 $ 42,863 $ 819,865 $ 757,255 __________ (1) Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-03.
Schedule of Intersegment Revenues	The Asset Management segment revenues include intersegment revenues primarily consisting of asset-based management and administration fees as follows: Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Asset Management segment intersegment revenues $ 173 $ 159 $ 504 $ 506

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Open Tax Years By Major Tax Jurisdictions	Listed below are the tax years that remain subject to examination by major tax jurisdiction, at September 30, 2016: Major Tax Jurisdiction Open Tax Years United States 2009 – 2015 Japan Fiscal years ended March 31, 2012 – 2016 Korea Fiscal years ended March 31, 2012 and 2013, the periods ended December 31, 2014 and 2015

Fair Value of Assets and Liab33

Fair Value of Assets and Liabilities (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present the balances of assets and liabilities reported at fair value on a recurring basis, as of the dates indicated. As of September 30, 2016 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 0 $ 25,725 $ 0 $ $ 25,725 Obligations of U.S. states and their political subdivisions 0 9,862 5 9,867 Foreign government bonds 0 108,270 130 108,400 U.S. corporate public securities 0 87,388 228 87,616 U.S. corporate private securities(7) 0 31,183 1,285 32,468 Foreign corporate public securities 0 30,507 142 30,649 Foreign corporate private securities 0 20,369 626 20,995 Asset-backed securities(8) 0 7,200 3,175 10,375 Commercial mortgage-backed securities 0 12,338 163 12,501 Residential mortgage-backed securities 0 4,477 171 4,648 Subtotal 0 337,319 5,925 343,244 Trading account assets(2): U.S. Treasury securities and obligations of U.S. government authorities and agencies 0 378 0 378 Obligations of U.S. states and their political subdivisions 0 208 0 208 Foreign government bonds 0 789 40 829 Corporate securities 0 17,897 225 18,122 Asset-backed securities(8) 0 1,148 240 1,388 Commercial mortgage-backed securities 0 1,960 1 1,961 Residential mortgage-backed securities 0 1,324 2 1,326 Equity securities 1,513 230 552 2,295 All other(3) 304 21,585 2 (19,011 ) 2,880 Subtotal 1,817 45,519 1,062 (19,011 ) 29,387 Equity securities, available-for-sale 6,056 3,411 298 9,765 Commercial mortgage and other loans 0 572 0 572 Other long-term investments 6 100 14 (17 ) 103 Short-term investments 3,485 1,442 1 4,928 Cash equivalents 5,237 13,575 0 18,812 Other assets 0 4 64 68 Subtotal excluding separate account assets 16,601 401,942 7,364 (19,028 ) 406,879 Separate account assets(4) 38,262 225,680 1,973 265,915 Total assets $ 54,863 $ 627,622 $ 9,337 $ (19,028 ) $ 672,794 Future policy benefits(5) $ 0 $ 0 $ 13,024 $ $ 13,024 Other liabilities 95 8,340 19 (7,962 ) 492 Notes issued by consolidated VIEs 0 0 2,722 2,722 Total liabilities $ 95 $ 8,340 $ 15,765 $ (7,962 ) $ 16,238 As of December 31, 2015 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Fixed maturities, available-for-sale: U.S. Treasury securities and obligations of U.S. government authorities and agencies $ 0 $ 18,517 $ 0 $ $ 18,517 Obligations of U.S. states and their political subdivisions 0 8,789 6 8,795 Foreign government bonds 0 83,590 123 83,713 U.S. corporate public securities 0 75,163 205 75,368 U.S. corporate private securities(7) 0 29,750 694 30,444 Foreign corporate public securities 0 28,510 44 28,554 Foreign corporate private securities 0 18,859 279 19,138 Asset-backed securities(8) 0 6,178 4,048 10,226 Commercial mortgage-backed securities 0 10,424 38 10,462 Residential mortgage-backed securities 0 4,923 183 5,106 Subtotal 0 284,703 5,620 290,323 Trading account assets(2): U.S. Treasury securities and obligations of U.S. government authorities and agencies 0 288 0 288 Obligations of U.S. states and their political subdivisions 0 189 0 189 Foreign government bonds 0 697 34 731 Corporate securities 0 23,125 203 23,328 Asset-backed securities(8) 0 749 596 1,345 Commercial mortgage-backed securities 0 1,870 3 1,873 Residential mortgage-backed securities 0 1,509 4 1,513 Equity securities 1,542 221 589 2,352 All other(3) 630 14,173 5 (11,447 ) 3,361 Subtotal 2,172 42,821 1,434 (11,447 ) 34,980 Equity securities, available-for-sale 6,011 2,997 266 9,274 Commercial mortgage and other loans 0 274 0 274 Other long-term investments(6) 13 130 49 (10 ) 182 Short-term investments 6,776 711 0 7,487 Cash equivalents 4,834 9,374 0 14,208 Other assets 0 9 7 16 Subtotal excluding separate account assets 19,806 341,019 7,376 (11,457 ) 356,744 Separate account assets(4)(6) 43,076 214,838 1,995 259,909 Total assets $ 62,882 $ 555,857 $ 9,371 $ (11,457 ) $ 616,653 Future policy benefits(5) $ 0 $ 0 $ 8,434 $ $ 8,434 Other liabilities 1 5,306 2 (5,276 ) 33 Notes issued by consolidated VIEs 0 0 8,597 8,597 Total liabilities $ 1 $ 5,306 $ 17,033 $ (5,276 ) $ 17,064 __________ (1) “Netting” amounts represent cash collateral of $11,066 million and $6,181 million as of September 30, 2016 and December 31, 2015 , respectively, and the impact of offsetting asset and liability positions held with the same counterparty, subject to master netting arrangements. (2) Includes “Trading account assets supporting insurance liabilities” and “Other trading account assets.” (3) Level 1 represents cash equivalents and short term investments. All other amounts primarily represent derivative assets. (4) Separate account assets represent segregated funds that are invested for certain customers. Investment risks associated with market value changes are borne by the customers, except to the extent of minimum guarantees made by the Company with respect to certain accounts. Separate account liabilities are not included in the above table as they are reported at contract value and not fair value in the Company’s Unaudited Interim Consolidated Statements of Financial Position. (5) As of September 30, 2016 , the net embedded derivative liability position of $13.0 billion includes $1.0 billion of embedded derivatives in an asset position and $14.0 billion of embedded derivatives in a liability position. As of December 31, 2015 , the net embedded derivative liability position of $8.4 billion includes $0.7 billion of embedded derivatives in an asset position and $9.1 billion of embedded derivatives in a liability position. (6) Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-07. (7) Excludes notes with fair value of $1,127 million and $1,039 million as of September 30, 2016 and December 31, 2015 , respectively, which have been offset with the associated payables under a netting agreement. (8) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types.
Fair Value Level Three Amounts By Pricing Source	The table below presents the balances of Level 3 assets and liabilities measured at fair value with their corresponding pricing sources. As of September 30, 2016 Internal(1) External(2) Total (in millions) Obligations of U.S. states and their political subdivisions $ 5 $ 0 $ 5 Foreign government bonds 0 170 170 Corporate securities(3) 2,040 466 2,506 Asset-backed securities(4) 159 3,256 3,415 Commercial mortgage-backed securities 14 150 164 Residential mortgage-backed securities 25 148 173 Equity securities 121 729 850 Other long-term investments 5 9 14 Short-term investments 1 0 1 Other assets 66 0 66 Subtotal excluding separate account assets 2,436 4,928 7,364 Separate account assets 1,277 696 1,973 Total assets $ 3,713 $ 5,624 $ 9,337 Future policy benefits $ 13,024 $ 0 $ 13,024 Other liabilities 19 0 19 Notes issued by consolidated VIEs 0 2,722 2,722 Total liabilities $ 13,043 $ 2,722 $ 15,765 As of December 31, 2015 Internal(1) External(2) Total (in millions) Obligations of U.S. states and their political subdivisions $ 6 $ 0 $ 6 Foreign government bonds 0 157 157 Corporate securities(3) 1,085 340 1,425 Asset-backed securities(4) 149 4,495 4,644 Commercial mortgage-backed securities 5 36 41 Residential mortgage-backed securities 37 150 187 Equity securities 63 792 855 Other long-term investments(5) 39 10 49 Other assets 12 0 12 Subtotal excluding separate account assets 1,396 5,980 7,376 Separate account assets(5) 1,024 971 1,995 Total assets $ 2,420 $ 6,951 $ 9,371 Future policy benefits $ 8,434 $ 0 $ 8,434 Other liabilities 2 0 2 Notes issued by consolidated VIEs 0 8,597 8,597 Total liabilities $ 8,436 $ 8,597 $ 17,033 __________ (1) Represents valuations reflecting both internally-derived and market inputs as well as third-party pricing information or quotes. See below for additional information related to internally-developed valuation for significant items in the above table. (2) Represents unadjusted prices from independent pricing services and independent indicative broker quotes where pricing inputs are not readily available. (3) Includes assets classified as fixed maturities available-for-sale, trading account assets supporting insurance liabilities and other trading account assets. (4) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types. (5) Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-07.
Fair Value Inputs Quantitative Information	The tables below present quantitative information on significant internally-priced Level 3 assets and liabilities (see narrative below for quantitative information for separate account assets). As of September 30, 2016 Fair Value Valuation Techniques Unobservable Inputs Minimum Maximum Weighted Average Impact of Increase in Input on Fair Value(1) (in millions) Assets: Corporate securities(9) $ 2,040 Discounted cash flow Discount rate 0.63% - 22.54% 6.74% Decrease Market comparables EBITDA multiples(2) 5.0X - 5.0X 5.0X Increase Liquidation Liquidation value 10.31% - 95.48% 86.51% Increase Liabilities: Future policy benefits(3) $ 13,024 Discounted cash flow Lapse rate(4) 0% - 13% Decrease NPR spread(5) 0.36% - 1.74% Decrease Utilization rate(6) 52% - 96% Increase Withdrawal rate See table footnote (7) below. Mortality rate(8) 0% - 14% Decrease Equity volatility curve 17% - 25% Increase As of December 31, 2015 Fair Value Valuation Techniques Unobservable Inputs Minimum Maximum Weighted Average Impact of Increase in Input on Fair Value(1) (in millions) Assets: Corporate securities(9) $ 1,085 Discounted cash flow Discount rate 0.93% - 25% 7.66% Decrease Market comparables EBITDA multiples(2) 1.4X - 5.0X 3.7X Increase Liquidation Liquidation value 15.79% - 29.33% 17.77% Increase Liabilities: Future policy benefits(3) $ 8,434 Discounted cash flow Lapse rate(4) 0% - 14% Decrease NPR spread(5) 0.06% - 1.76% Decrease Utilization rate(6) 56% - 96% Increase Withdrawal rate(7) 74% - 100% Increase Mortality rate(8) 0% - 14% Decrease Equity volatility curve 17% - 28% Increase __________ (1) Conversely, the impact of a decrease in input would have the opposite impact for the fair value as that presented in the table. (2) Represents multiples of earnings before interest, taxes, depreciation and amortization (“EBITDA”), and are amounts used when the reporting entity has determined that market participants would use such multiples when pricing the investments. (3) Future policy benefits primarily represent general account liabilities for the living benefit features of the Company’s variable annuity contracts which are accounted for as embedded derivatives. Since the valuation methodology for these liabilities uses a range of inputs that vary at the contract level over the cash flow projection period, presenting a range, rather than weighted average, is a more meaningful representation of the unobservable inputs used in the valuation. (4) Lapse rates are adjusted at the contract level based on the in-the-moneyness of the living benefit and reflect other factors, such as the applicability of any surrender charges. Lapse rates are reduced when contracts are more in-the-money. Lapse rates are also generally assumed to be lower for the period where surrender charges apply. (5) To reflect NPR, the Company incorporates an additional spread over LIBOR into the discount rate used in the valuation of individual living benefit contracts in a liability position and generally not to those in a contra-liability position. The NPR spread reflects the financial strength ratings of the Company, as these are insurance liabilities and senior to debt. The additional spread over LIBOR is determined by utilizing the credit spreads associated with issuing funding agreements, adjusted for any illiquidity risk premium. (6) The utilization rate assumption estimates the percentage of contracts that will utilize the benefit during the contract duration, and begin lifetime withdrawals at various time intervals from contract inception. The remaining contractholders are assumed to either begin lifetime withdrawals immediately or never utilize the benefit. Utilization assumptions may vary by product type, tax status and age. The impact of changes in these assumptions is highly dependent on the product type, the age of the contractholder at the time of the sale and the timing of the first lifetime income withdrawal. Range reflects the utilization rate for the vast majority of business with living benefits. (7) The withdrawal rate assumption estimates the magnitude of annual contractholder withdrawals relative to the maximum allowable amount under the contract. These assumptions vary based on the age of the contractholder, the tax status of the contract and the duration since the contractholder began lifetime withdrawals. As of September 30, 2016 , the minimum withdrawal rate assumption is 78% and the maximum withdrawal rate assumption may be greater than 100% . The fair value of the liability will generally increase the closer the withdrawal rate is to 100% and decrease as the withdrawal rate moves further away from 100%. (8) Range reflects the mortality rate for the vast majority of business with living benefits, with policyholders ranging from 35 to 90 years old. While the majority of living benefits have a minimum age requirement, certain benefits do not have an age restriction. This results in contractholders for certain benefits with mortality rates approaching 0% . Based on historical experience, the Company applies a set of age and duration specific mortality rate adjustments compared to standard industry tables. A mortality improvement assumption is also incorporated into the overall mortality table. (9) Includes assets classified as fixed maturities available-for-sale, trading account assets supporting insurance liabilities and other trading account assets.
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following tables provide summaries of the changes in fair values of Level 3 assets and liabilities as of the dates indicated, as well as the portion of gains or losses included in income attributable to unrealized gains or losses related to those assets and liabilities still held at the end of their respective periods. Three Months Ended September 30, 2016 Fixed Maturities Available-For-Sale U.S. States Foreign Government U.S. Corporate Public Securities U.S. Corporate Private Securities Foreign Corporate Public Securities Foreign Corporate Private Securities (in millions) Fair Value, beginning of period $ 5 $ 124 $ 211 $ 1,256 $ 92 $ 695 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 0 0 (8 ) 0 0 Included in other comprehensive income (loss) 0 1 2 10 1 9 Net investment income 0 0 0 2 0 1 Purchases 0 0 8 46 14 7 Sales 0 0 0 0 0 (7 ) Issuances 0 0 0 0 0 0 Settlements 0 0 0 (16 ) (4 ) (136 ) Foreign currency translation 0 5 3 2 2 2 Other(1) 0 0 0 0 0 0 Transfers into Level 3(2) 0 0 23 0 61 111 Transfers out of Level 3(2) 0 0 (19 ) (7 ) (24 ) (56 ) Fair Value, end of period $ 5 $ 130 $ 228 $ 1,285 $ 142 $ 626 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ (9 ) $ 0 $ 0 Three Months Ended September 30, 2016 Fixed Maturities Available-For-Sale Asset- Backed(7) Commercial Mortgage- Backed Residential Mortgage- Backed (in millions) Fair Value, beginning of period $ 3,081 $ 3 $ 183 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 5 0 0 Included in other comprehensive income (loss) 15 (7 ) (1 ) Net investment income 3 0 0 Purchases 913 148 1 Sales (355 ) 0 (6 ) Issuances 0 0 0 Settlements (84 ) (1 ) (18 ) Foreign currency translation 11 1 12 Other(1) 4 0 0 Transfers into Level 3(2) 338 19 0 Transfers out of Level 3(2) (756 ) 0 0 Fair Value, end of period $ 3,175 $ 163 $ 171 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 Other income $ 0 $ 0 $ 0 Three Months Ended September 30, 2016 Trading Account Assets Foreign Government Corporate Asset- Backed(7) Commercial Mortgage- Backed Residential Mortgage- Backed Equity All Other Activity (in millions) Fair Value, beginning of period $ 38 $ 216 $ 305 $ 1 $ 4 $ 585 $ 2 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 0 0 0 0 0 0 Other income 0 3 1 (1 ) (1 ) 11 (1 ) Net investment income 0 0 0 0 0 0 0 Purchases 2 0 30 0 0 5 0 Sales 0 0 (26 ) 0 0 (36 ) 0 Issuances 0 0 0 0 0 0 0 Settlements 0 (3 ) (4 ) 0 (1 ) (31 ) 0 Foreign currency translation 0 0 0 0 0 18 0 Other(1) 0 0 1 1 0 0 1 Transfers into Level 3(2) 0 9 29 0 0 0 0 Transfers out of Level 3(2) 0 0 (96 ) 0 0 0 0 Fair Value, end of period $ 40 $ 225 $ 240 $ 1 $ 2 $ 552 $ 2 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Other income $ 0 $ 3 $ 1 $ 0 $ 0 $ 12 $ 0 Three Months Ended September 30, 2016 Equity Securities Available- For-Sale Other Long-term Investments Short-term Investments Other Assets (in millions) Fair Value, beginning of period $ 301 $ 14 $ 0 $ 62 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 1 0 0 (5 ) Other income 0 0 0 0 Included in other comprehensive income (loss) (17 ) 0 0 0 Net investment income 0 0 0 0 Purchases 8 0 1 7 Sales (8 ) 0 0 0 Issuances 0 0 0 0 Settlements 0 0 0 0 Foreign currency translation 13 0 0 0 Other(1) 0 0 0 0 Transfers into Level 3(2) 0 0 0 0 Transfers out of Level 3(2) 0 0 0 0 Fair Value, end of period $ 298 $ 14 $ 1 $ 64 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ 18 Other income $ 0 $ 0 $ 0 $ 0 Three Months Ended September 30, 2016 Separate Account Assets(4) Future Policy Benefits Other Liabilities Notes Issued by Consolidated VIEs (in millions) Fair Value, beginning of period $ 2,128 $ (13,328 ) $ (2 ) $ (2,094 ) Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 578 (6 ) (17 ) Other Income 0 0 0 (5 ) Interest credited to policyholders’ account balances 33 0 0 0 Net investment income 3 0 0 0 Purchases 180 0 0 0 Sales (61 ) 0 0 0 Issuances 0 (271 ) 0 (1,228 ) Settlements (303 ) 0 (5 ) 0 Foreign currency translation 0 (3 ) 0 0 Other(1) 0 0 (6 ) 622 Transfers into Level 3(2) 63 0 0 0 Transfers out of Level 3(2) (70 ) 0 0 0 Fair Value, end of period $ 1,973 $ (13,024 ) $ (19 ) $ (2,722 ) Unrealized gains (losses) for assets/liabilities still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 492 $ (5 ) $ (9 ) Other income $ 0 $ 0 $ 0 $ 27 Interest credited to policyholders’ account balances $ 22 $ 0 $ 0 $ 0 Nine Months Ended September 30, 2016 Fixed Maturities Available-For-Sale U.S. States Foreign Government U.S. Corporate Public Securities U.S. Corporate Private Securities Foreign Corporate Public Securities Foreign Corporate Private Securities (in millions) Fair Value, beginning of period $ 6 $ 123 $ 205 $ 694 $ 44 $ 279 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 0 0 (95 ) 0 (1 ) Included in other comprehensive income (loss) 0 2 4 32 3 3 Net investment income 0 0 0 6 0 1 Purchases 0 0 21 115 41 89 Sales 0 0 (1 ) 0 (1 ) (11 ) Issuances 0 0 0 0 0 0 Settlements (1 ) 0 (1 ) (59 ) (4 ) (214 ) Foreign currency translation 0 5 8 5 10 11 Other(1) 0 0 (13 ) 0 13 0 Transfers into Level 3(2) 0 0 25 657 84 550 Transfers out of Level 3(2) 0 0 (20 ) (70 ) (48 ) (81 ) Fair Value, end of period $ 5 $ 130 $ 228 $ 1,285 $ 142 $ 626 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ (90 ) $ 0 $ (1 ) Nine Months Ended September 30, 2016 Fixed Maturities Available-For-Sale Asset- Backed(7) Commercial Mortgage- Backed Residential Mortgage- Backed (in millions) Fair Value, beginning of period $ 4,048 $ 38 $ 183 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 7 0 0 Included in other comprehensive income (loss) (26 ) (7 ) 1 Net investment income 12 0 (1 ) Purchases 1,259 155 0 Sales (363 ) (34 ) (7 ) Issuances 0 0 0 Settlements (284 ) (2 ) (37 ) Foreign currency translation 52 1 32 Other(1) 118 0 0 Transfers into Level 3(2) 1,542 19 0 Transfers out of Level 3(2) (3,190 ) (7 ) 0 Fair Value, end of period $ 3,175 $ 163 $ 171 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 Other income $ 0 $ 0 $ 0 Nine Months Ended September 30, 2016 Trading Account Assets Foreign Government Corporate Asset- Backed(7) Commercial Mortgage- Backed Residential Mortgage- Backed Equity All Other Activity (in millions) Fair Value, beginning of period $ 34 $ 203 $ 596 $ 3 $ 4 $ 589 $ 5 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 0 0 0 0 0 0 Other income 0 (9 ) (1 ) (1 ) (1 ) 6 0 Net investment income 0 1 1 0 0 0 0 Purchases 8 8 56 0 0 10 0 Sales 0 0 (26 ) 0 0 (48 ) 0 Issuances 0 0 0 0 0 0 0 Settlements (2 ) (38 ) (8 ) 0 (2 ) (108 ) 0 Foreign currency translation 0 0 (1 ) 0 0 60 0 Other(1) 0 (15 ) 21 (1 ) 1 15 (3 ) Transfers into Level 3(2) 0 136 208 0 0 28 0 Transfers out of Level 3(2) 0 (61 ) (606 ) 0 0 0 0 Fair Value, end of period $ 40 $ 225 $ 240 $ 1 $ 2 $ 552 $ 2 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Other income $ 0 $ 12 $ (1 ) $ (1 ) $ (1 ) $ 7 $ 0 Nine Months Ended September 30, 2016 Equity Securities Available- For-Sale Other Long-term Investments Short-term Investments Other Assets (in millions) Fair Value, beginning of period $ 266 $ 49 $ 0 $ 7 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 2 (1 ) 0 41 Other income 0 0 0 0 Included in other comprehensive income (loss) (27 ) 0 0 0 Net investment income 0 (1 ) 0 0 Purchases 61 0 1 16 Sales (22 ) 0 0 0 Issuances 0 0 0 0 Settlements (13 ) 0 0 0 Foreign currency translation 31 0 0 0 Other(1) 0 (33 ) 0 0 Transfers into Level 3(2) 7 0 0 0 Transfers out of Level 3(2) (7 ) 0 0 0 Fair Value, end of period $ 298 $ 14 $ 1 $ 64 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ (1 ) $ 0 $ 41 Other income $ 0 $ 0 $ 0 $ 0 Nine Months Ended September 30, 2016 Separate Account Assets(4) Future Policy Benefits Other Liabilities Notes Issued by Consolidated VIEs (in millions) Fair Value, beginning of period $ 1,995 $ (8,434 ) $ (2 ) $ (8,597 ) Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 1 (3,800 ) (6 ) (14 ) Other Income 0 0 0 (14 ) Interest credited to policyholders’ account balances 36 0 0 0 Net investment income 16 0 0 0 Purchases 438 0 0 0 Sales (134 ) 0 0 0 Issuances 0 (786 ) 0 (1,228 ) Settlements (391 ) 0 (5 ) 0 Foreign currency translation 0 (4 ) 0 0 Other(1) 0 0 (6 ) 7,131 Transfers into Level 3(2) 336 0 0 0 Transfers out of Level 3(2) (324 ) 0 0 0 Fair Value, end of period $ 1,973 $ (13,024 ) $ (19 ) $ (2,722 ) Unrealized gains (losses) for assets/liabilities still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ (3,959 ) $ (6 ) $ (14 ) Other income $ 0 $ 0 $ 0 $ (14 ) Interest credited to policyholders’ account balances $ 19 $ 0 $ 0 $ 0 Three Months Ended September 30, 2015 Fixed Maturities Available-For-Sale(5) U.S. Foreign U.S. Corporate Public Securities U.S. Corporate Private Securities Foreign Corporate Public Securities Foreign Corporate Private Securities (in millions) Fair Value, beginning of period $ 20 $ 151 $ 228 $ 505 $ 196 $ 174 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 0 0 (2 ) 0 (74 ) Included in other comprehensive income (loss) 0 1 0 (4 ) 1 19 Net investment income(6) 0 0 0 4 0 0 Purchases(6) 0 (1 ) 149 58 20 27 Sales 0 0 (150 ) (1 ) (7 ) 0 Issuances 0 0 0 0 0 0 Settlements 0 0 0 (66 ) (24 ) (9 ) Foreign currency translation 0 (4 ) 1 0 3 0 Transfers into Level 3(2) 0 (5 ) 0 28 0 24 Transfers out of Level 3(2) (14 ) (21 ) (15 ) 0 (7 ) 0 Fair Value, end of period $ 6 $ 121 $ 213 $ 522 $ 182 $ 161 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ (2 ) $ 0 $ (62 ) Three Months Ended September 30, 2015 Fixed Maturities Available-For-Sale Asset- Commercial Residential (in millions) Fair Value, beginning of period $ 3,817 $ 41 $ 215 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 18 1 0 Included in other comprehensive income (loss) (52 ) (1 ) (1 ) Net investment income 5 0 (1 ) Purchases 110 11 0 Sales (94 ) 0 (2 ) Issuances (4 ) 0 0 Settlements (180 ) 0 (14 ) Foreign currency translation 6 0 4 Transfers into Level 3(2) 1,059 0 0 Transfers out of Level 3(2) (643 ) 0 0 Fair Value, end of period $ 4,042 $ 52 $ 201 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 Three Months Ended September 30, 2015 Trading Account Assets Foreign Corporate Asset- Commercial Residential Equity All Other (in millions) Fair Value, beginning of period $ 25 $ 148 $ 607 $ 2 $ 5 $ 604 $ 12 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 0 0 0 0 0 0 Other income 0 (23 ) (5 ) 0 0 1 (6 ) Net investment income 0 (1 ) 0 0 0 0 0 Purchases 5 16 64 26 1 20 1 Sales 0 (2 ) 0 (1 ) 0 (4 ) (2 ) Issuances 0 0 0 0 0 0 0 Settlements 0 (11 ) (10 ) 0 (1 ) (20 ) 0 Foreign currency translation 0 0 0 0 0 9 0 Transfers into Level 3(2) 0 3 37 1 0 0 0 Transfers out of Level 3(2) 0 0 (190 ) 0 0 0 0 Fair Value, end of period $ 30 $ 130 $ 503 $ 28 $ 5 $ 610 $ 5 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Other income $ 0 $ (22 ) $ (4 ) $ 0 $ 0 $ (7 ) $ (1 ) Three Months Ended September 30, 2015(5) Equity Other Other (in millions) Fair Value, beginning of period $ 259 $ 18 $ 2 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 4 (2 ) 12 Other income 0 0 0 Included in other comprehensive income (loss) 0 0 0 Net investment income 0 0 0 Purchases 14 2 2 Sales (14 ) 0 0 Issuances 0 0 0 Settlements (3 ) 0 0 Foreign currency translation 4 0 0 Transfers into Level 3(2) 0 0 0 Transfers out of Level 3(2) 0 0 0 Fair Value, end of period $ 264 $ 18 $ 16 Unrealized gains (losses) for assets/liabilities still held(3): Included in earnings: Realized investment gains (losses), net $ (2 ) $ (2 ) $ 12 Other income $ 0 $ 0 $ 0 Three Months Ended September 30, 2015(5) Separate Future Other Notes Issued by (in millions) Fair Value, beginning of period $ 2,104 $ (5,478 ) $ (2 ) $ (7,434 ) Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 (3,454 ) 0 92 Other Income 0 0 0 (4 ) Interest credited to policyholders’ account balances (15 ) 0 0 0 Net investment income 6 0 0 0 Purchases 89 0 0 0 Sales (53 ) 0 0 0 Issuances 0 (241 ) 0 (1,008 ) Settlements (33 ) 0 0 0 Foreign currency translation (3 ) 0 0 0 Transfers into Level 3(2) 0 0 0 0 Transfers out of Level 3(2) (52 ) 0 0 0 Fair Value, end of period $ 2,043 $ (9,173 ) $ (2 ) $ (8,354 ) Unrealized gains (losses) for assets/liabilities still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ (3,497 ) $ 0 $ 92 Other Income $ 0 $ 0 $ 0 $ (3 ) Interest credited to policyholders’ account balances $ (13 ) $ 0 $ 0 $ 0 Nine Months Ended September 30, 2015 Fixed Maturities Available-For-Sale(5) U.S. Foreign U.S. Corporate Public Securities U.S. Corporate Private Securities Foreign Corporate Public Securities Foreign Corporate Private Securities (in millions) Fair Value, beginning of period $ 6 $ 2 $ 357 $ 523 $ 252 $ 171 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 0 0 (17 ) 0 (73 ) Included in other comprehensive income (loss) 0 (2 ) 0 (7 ) 3 22 Net investment income(6) 0 0 0 9 0 2 Purchases 15 19 477 103 38 66 Sales (1 ) 0 (450 ) (5 ) (50 ) 0 Issuances 0 0 0 0 0 0 Settlements(6) 0 0 (10 ) (87 ) (32 ) (51 ) Foreign currency translation 0 (6 ) (1 ) 0 (6 ) 0 Other(1) 0 0 0 (3 ) 0 0 Transfers into Level 3(2) 0 129 6 38 0 24 Transfers out of Level 3(2) (14 ) (21 ) (166 ) (32 ) (23 ) 0 Fair Value, end of period $ 6 $ 121 $ 213 $ 522 $ 182 $ 161 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ (18 ) $ 0 $ (63 ) Nine Months Ended September 30, 2015 Fixed Maturities Available-For-Sale Asset- Commercial Residential (in millions) Fair Value, beginning of period $ 4,059 $ 43 $ 253 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 24 1 0 Included in other comprehensive income (loss) (35 ) (1 ) (2 ) Net investment income 18 0 (1 ) Purchases 1,050 45 0 Sales (484 ) 0 (5 ) Issuances (4 ) 0 0 Settlements (258 ) (4 ) (39 ) Foreign currency translation (8 ) 0 (5 ) Other(1) 3 0 0 Transfers into Level 3(2) 1,862 2 0 Transfers out of Level 3(2) (2,185 ) (34 ) 0 Fair Value, end of period $ 4,042 $ 52 $ 201 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 4 $ 0 $ 0 Nine Months Ended September 30, 2015 Trading Account Assets Foreign Corporate Asset- Commercial Residential Equity All Other (in millions) Fair Value, beginning of period $ 21 $ 124 $ 393 $ 5 $ 7 $ 663 $ 7 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 0 0 0 0 (2 ) 0 Other income 0 (30 ) (2 ) 0 0 (8 ) (1 ) Net investment income 0 0 1 0 0 0 0 Purchases 10 87 311 26 1 28 1 Sales 0 (6 ) (2 ) (3 ) 0 (20 ) (2 ) Issuances 0 0 0 0 0 0 0 Settlements (1 ) (14 ) (11 ) (1 ) (2 ) (36 ) 0 Foreign currency translation 0 0 0 0 0 (8 ) 0 Other(1) 0 0 0 0 0 (7 ) 0 Transfers into Level 3(2) 0 10 110 1 0 0 0 Transfers out of Level 3(2) 0 (41 ) (297 ) 0 (1 ) 0 0 Fair Value, end of period $ 30 $ 130 $ 503 $ 28 $ 5 $ 610 $ 5 Unrealized gains (losses) for assets still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ 0 $ 0 $ (2 ) $ 0 Other income $ 0 $ (28 ) $ (1 ) $ 0 $ 0 $ 7 $ (1 ) Nine Months Ended September 30, 2015(5) Equity Other Other (in millions) Fair Value, beginning of period $ 275 $ 13 $ 2 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 14 (4 ) 12 Other income 0 0 0 Included in other comprehensive income (loss) (1 ) 0 0 Net investment income 0 0 0 Purchases 26 10 2 Sales (45 ) 0 0 Issuances 0 0 0 Settlements (3 ) 0 0 Foreign currency translation (4 ) 0 0 Other(1) 0 0 0 Transfers into Level 3(2) 2 0 0 Transfers out of Level 3(2) 0 (1 ) 0 Fair Value, end of period $ 264 $ 18 $ 16 Unrealized gains (losses) for assets/liabilities still held(3): Included in earnings: Realized investment gains (losses), net $ (3 ) $ (4 ) $ 12 Other income $ 0 $ 0 $ 0 Nine Months Ended September 30, 2015(5) Separate Future Other Notes Issued by (in millions) Fair Value, beginning of period $ 1,738 $ (8,182 ) $ (5 ) $ (6,033 ) Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 (270 ) 1 39 Other Income 0 0 0 88 Interest credited to policyholders’ account balances (21 ) 0 0 0 Net investment income 18 0 0 0 Purchases 908 0 0 0 Sales (126 ) 0 0 0 Issuances 0 (721 ) 0 (2,448 ) Settlements (113 ) 0 2 0 Foreign currency translation (5 ) 0 0 0 Other(1) 0 0 0 0 Transfers into Level 3(2) 1 0 0 0 Transfers out of Level 3(2) (357 ) 0 0 0 Fair Value, end of period $ 2,043 $ (9,173 ) $ (2 ) $ (8,354 ) Unrealized gains (losses) for assets/liabilities still held(3): Included in earnings: Realized investment gains (losses), net $ 0 $ (454 ) $ 1 $ 39 Other Income $ 0 $ 0 $ 0 $ 88 Interest credited to policyholders’ account balances $ (24 ) $ 0 $ 0 $ 0 __________ (1) Other as of September 30, 2016 primarily represents deconsolidations of certain previously consolidated collateralized loan obligations. Other as of September 30, 2015 primarily represents reclassifications of certain assets between reporting categories. (2) Transfers into or out of Level 3 are generally reported as the value as of the beginning of the quarter in which the transfers occur for any such assets still held at the end of the quarter. (3) Unrealized gains or losses related to assets still held at the end of the period do not include amortization or accretion of premiums and discounts. (4) Separate account assets represent segregated funds that are invested for certain customers. Investment risks associated with market value changes are borne by the customers, except to the extent of minimum guarantees made by the Company with respect to certain accounts. Separate account liabilities are not included in the above table as they are reported at contract value and not fair value in the Company’s Unaudited Interim Consolidated Statements of Financial Position. (5) Prior period amounts have been reclassified to conform to current period presentation, including the adoption of ASU 2015-07. (6) Amounts as of September 30, 2015 , have been revised to correct the previously reported amounts. (7) Includes credit-tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans and other asset types.
Fair Value Assets and Liabilities Measured on Recurring Basis, Derivatives	The following tables present the balances of derivative assets and liabilities measured at fair value on a recurring basis, as of the date indicated, by primary underlying. These tables include NPR and exclude embedded derivatives and associated reinsurance recoverables. The derivative assets and liabilities shown below are included in “Trading account assets-All Other Activity,” “Other long-term investments” or “Other liabilities” in the tables presented above, under the headings “Assets and Liabilities by Hierarchy Level” and “Changes in Level 3 Assets and Liabilities.” As of September 30, 2016 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Derivative Assets: Interest Rate $ 8 $ 17,727 $ 6 $ $ 17,741 Currency 0 805 0 805 Credit 0 1 0 1 Currency/Interest Rate 0 2,399 0 2,399 Equity 2 114 0 116 Commodity 0 0 0 0 Netting(1) (19,028 ) (19,028 ) Total derivative assets $ 10 $ 21,046 $ 6 $ (19,028 ) $ 2,034 Derivative Liabilities: Interest Rate $ 92 $ 6,903 $ 2 $ $ 6,997 Currency 0 312 0 312 Credit 0 80 0 80 Currency/Interest Rate 0 586 0 586 Equity 0 459 0 459 Commodity 0 0 0 0 Netting(1) (7,962 ) (7,962 ) Total derivative liabilities $ 92 $ 8,340 $ 2 $ (7,962 ) $ 472 As of December 31, 2015 Level 1 Level 2 Level 3 Netting(1) Total (in millions) Derivative Assets: Interest Rate $ 11 $ 10,561 $ 7 $ $ 10,579 Currency 0 318 0 318 Credit 0 3 0 3 Currency/Interest Rate 0 2,995 0 2,995 Equity 4 254 32 290 Commodity 0 0 0 0 Netting(1) (11,457 ) (11,457 ) Total derivative assets $ 15 $ 14,131 $ 39 $ (11,457 ) $ 2,728 Derivative Liabilities: Interest Rate $ 3 $ 4,573 $ 2 $ $ 4,578 Currency 0 114 0 114 Credit 0 53 0 53 Currency/Interest Rate 0 244 0 244 Equity 0 327 0 327 Commodity 0 0 0 0 Netting(1) (5,276 ) (5,276 ) Total derivative liabilities $ 3 $ 5,311 $ 2 $ (5,276 ) $ 40 __________ (1) “Netting” amounts represent cash collateral and the impact of offsetting asset and liability positions held with the same counterparty.
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Derivatives	The following tables provide a summary of the changes in fair value of Level 3 derivative assets and liabilities for the three and the nine months ended September 30, 2016 , respectively, as well as the portion of gains or losses included in income for the three and the nine months ended September 30, 2016 , respectively, attributable to unrealized gains or losses related to those assets and liabilities still held at September 30, 2016 . Three Months Ended Nine Months Ended Derivative Assets- Equity Derivative Assets- Interest Rate Derivative Assets- Equity Derivative Assets- Interest Rate (in millions) Fair Value, beginning of period $ 2 $ 4 $ 32 $ 5 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net 0 0 0 (1 ) Other income 0 0 0 0 Purchases 0 0 0 0 Sales 0 0 0 0 Issuances 0 0 0 0 Settlements 0 0 0 0 Other(1) (2 ) 0 (32 ) 0 Transfers into Level 3(2) 0 0 0 0 Transfers out of Level 3(2) 0 0 0 0 Fair Value, end of period $ 0 $ 4 $ 0 $ 4 Unrealized gains (losses) for the period relating to those Level 3 assets that were still held at the end of the period: Included in earnings: Realized investment gains (losses), net $ 0 $ 0 $ 0 $ 0 Other income $ 0 $ 0 $ 0 $ 0 Three Months Ended Nine Months Ended Derivative Assets- Equity Derivative Assets- Interest Rate Derivative Assets- Equity Derivative Assets- Interest Rate (in millions) Fair Value, beginning of period $ 7 $ 6 $ 6 $ 3 Total gains (losses) (realized/unrealized): Included in earnings: Realized investment gains (losses), net (1 ) (1 ) (5 ) 2 Other income 0 0 0 0 Purchases 2 0 8 0 Sales 0 0 0 0 Issuances 0 0 0 0 Settlements 0 0 0 0 Other 0 0 0 0 Transfers into Level 3(2) 0 0 0 0 Transfers out of Level 3(2) 0 0 (1 ) 0 Fair Value, end of period $ 8 $ 5 $ 8 $ 5 Unrealized gains (losses) for the period relating to those Level 3 assets that were still held at the end of the period: Included in earnings: Realized investment gains (losses), net $ (1 ) $ (1 ) $ (5 ) $ 2 Other income $ 0 $ 0 $ 0 $ 0 __________ (1) Primarily related to private warrants reclassified from derivatives to trading securities. (2) Transfers into or out of Level 3 are generally reported as the value as of the beginning of the quarter in which the transfer occurs.
Fair Value Measurements, Nonrecurring	The following table represents information for assets measured at fair value on a nonrecurring basis. The estimated fair values were classified as Level 3 in the valuation hierarchy. Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Commercial mortgage loans(1): Carrying value $ 47 $ 0 $ 47 $ 0 Gains (Losses) $ (2 ) $ 0 $ (6 ) $ 0 Mortgage servicing rights(2): Carrying value $ 83 $ 96 $ 83 $ 96 Gains (Losses) $ 0 $ (1 ) $ (2 ) $ (2 ) Cost method investments(3): Carrying value $ 281 $ 258 $ 281 $ 258 Gains (Losses) $ (18 ) $ (50 ) $ (70 ) $ (86 ) __________ (1) The reserve adjustments were based on discounted cash flows utilizing market rates or the fair value of the underlying real estate collateral. (2) Mortgage servicing rights are revalued based on internal models which utilize inputs. The fair value for mortgage servicing rights is determined using a discounted cash flow model incorporating assumptions for servicing revenues, adjusted for expected prepayments, delinquency rates, escrow deposit income and estimated loan servicing expenses. (3) For cost method impairments, the methodologies utilized were primarily discounted cash flow and, where appropriate, valuations provided by the general partners taking into consideration investment-related expenses.
Fair Value, Option	The following table presents information regarding changes in fair values recorded in earnings for commercial mortgage and other loans, other long-term investments and notes issued by consolidated VIEs, where the fair value option has been elected. Three Months Ended Nine Months Ended 2016 2015 2016 2015 (in millions) Assets: Commercial mortgage and other loans: Changes in instrument-specific credit risk $ 0 $ 0 $ 0 $ 0 Other changes in fair value $ 0 $ 0 $ 0 $ 0 Other long-term investments: Changes in fair value $ 41 $ (42 ) $ 17 $ 1 Liabilities: Notes issued by consolidated VIEs: Changes in fair value $ 22 $ (88 ) $ 28 $ (127 )
Fair Value Disclosure Financial Instruments Not Carried at Fair Value	The table below presents the carrying amount and fair value by fair value hierarchy level of certain financial instruments that are not reported at fair value. The financial instruments presented below are reported at carrying value on the Company’s Unaudited Interim Consolidated Statements of Financial Position; however, in some cases, as described below, the carrying amount equals or approximates fair value. September 30, 2016(1) Fair Value Carrying Amount(2) Level 1 Level 2 Level 3 Total Total (in millions) Assets: Fixed maturities, held-to-maturity(3) $ 0 $ 1,796 $ 1,160 $ 2,956 $ 2,471 Commercial mortgage and other loans 0 185 54,638 54,823 51,701 Policy loans 0 0 12,031 12,031 12,031 Short-term investments 0 326 0 326 326 Cash and cash equivalents 5,776 140 0 5,916 5,916 Accrued investment income 0 3,279 0 3,279 3,279 Other assets 49 2,180 660 2,889 2,889 Total assets $ 5,825 $ 7,906 $ 68,489 $ 82,220 $ 78,613 Liabilities: Policyholders’ account balances—investment contracts $ 0 $ 43,721 $ 60,186 $ 103,907 $ 101,071 Securities sold under agreements to repurchase 0 6,830 0 6,830 6,830 Cash collateral for loaned securities 0 5,037 0 5,037 5,037 Short-term debt 0 588 321 909 907 Long-term debt(4) 1,352 16,512 3,227 21,091 18,758 Other liabilities 0 6,767 699 7,466 7,466 Separate account liabilities—investment contracts 0 72,197 27,627 99,824 99,824 Total liabilities $ 1,352 $ 151,652 $ 92,060 $ 245,064 $ 239,893 December 31, 2015(1) Fair Value Carrying Amount(2) Level 1 Level 2 Level 3 Total Total (in millions) Assets: Fixed maturities, held-to-maturity(3) $ 0 $ 1,543 $ 1,081 $ 2,624 $ 2,308 Commercial mortgage and other loans 0 533 51,046 51,579 50,285 Policy loans 0 0 11,657 11,657 11,657 Short-term investments 0 617 1 618 618 Cash and cash equivalents 2,832 572 0 3,404 3,404 Accrued investment income 0 3,110 0 3,110 3,110 Other assets 136 2,334 652 3,122 3,122 Total assets $ 2,968 $ 8,709 $ 64,437 $ 76,114 $ 74,504 Liabilities: Policyholders’ account balances—investment contracts $ 0 $ 39,314 $ 54,957 $ 94,271 $ 93,937 Securities sold under agreements to repurchase 0 7,882 0 7,882 7,882 Cash collateral for loaned securities 0 3,496 0 3,496 3,496 Short-term debt 0 1,221 0 1,221 1,216 Long-term debt(4)(5) 1,328 16,540 3,433 21,301 19,594 Other liabilities 0 5,344 695 6,039 6,039 Separate account liabilities—investment contracts 0 69,978 32,267 102,245 102,245 Total liabilities $ 1,328 $ 143,775 $ 91,352 $ 236,455 $ 234,409 __________ (1) As discussed in Note 2, the Company adopted ASU 2015-07, effective January 1, 2016, which resulted in the exclusion of certain other long-term investments from the fair value hierarchy. The guidance was required to be applied retrospectively, and therefore, prior period amounts have been conformed to the current period presentation. At September 30, 2016 and December 31, 2015 , the fair values of these cost method investments were $1,538 million and $1,653 million , respectively, which had been previously classified in level 3 at December 31, 2015. The carrying value of these investments were $1,436 million and $1,563 million as of September 30, 2016 and December 31, 2015 , respectively. (2) Carrying values presented herein differ from those in the Company’s Unaudited Interim Consolidated Statements of Financial Position because certain items within the respective financial statement captions are not considered financial instruments or out of scope under authoritative guidance relating to disclosures of the fair value of financial instruments. Financial statement captions excluded from the above table are not considered financial instruments. (3) As of September 30, 2016 , excludes notes with both fair value and carrying amount of $4,165 million . As of December 31, 2015 , excludes notes with fair value and carrying amount of $4,081 million and $3,850 million , respectively. These amounts have been offset with the associated payables under a netting agreement. (4) As of September 30, 2016 , includes notes with both fair value and carrying amount of $5,292 million . As of December 31, 2015 , includes notes with fair value and carrying amount of $5,120 million and $4,889 million , respectively. These amounts have been offset with the associated receivables under a netting agreement. (5) Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-03.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The table below provides a summary of the gross notional amount and fair value of derivatives contracts by the primary underlying, excluding embedded derivatives and associated reinsurance recoverables. Many derivative instruments contain multiple underlyings. The fair value amounts below represent the gross fair value of derivative contracts prior to taking into account the netting effects of master netting agreements, cash collateral and NPR. This netting impact results in total derivative assets of $2,034 million and $2,728 million as of September 30, 2016 and December 31, 2015 , respectively, and total derivative liabilities of $472 million and $40 million as of September 30, 2016 and December 31, 2015 , respectively, reflected in the Unaudited Interim Consolidated Statements of Financial Position. Primary Underlying/Instrument Type September 30, 2016 December 31, 2015 Gross Fair Value Gross Fair Value Notional(1) Assets Liabilities Notional(1) Assets Liabilities (in millions) Derivatives Designated as Hedge Accounting Instruments: Interest Rate Interest Rate Swaps $ 1,197 $ 19 $ (156 ) $ 1,431 $ 20 $ (148 ) Foreign Currency Foreign Currency Forwards 377 34 (6 ) 323 7 (1 ) Currency/Interest Rate Foreign Currency Swaps 13,729 1,676 (86 ) 12,739 1,592 (5 ) Total Qualifying Hedges $ 15,303 $ 1,729 $ (248 ) $ 14,493 $ 1,619 $ (154 ) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate Interest Rate Swaps $ 163,195 $ 17,257 $ (6,650 ) $ 173,091 $ 10,161 $ (4,232 ) Interest Rate Futures 33,400 8 (92 ) 28,209 11 (3 ) Interest Rate Options 12,418 454 (97 ) 40,056 387 (196 ) Interest Rate Forwards 1,500 1 (1 ) 86 0 0 Foreign Currency Foreign Currency Forwards 19,285 771 (307 ) 17,400 311 (113 ) Foreign Currency Options 93 1 0 93 0 0 Currency/Interest Rate Foreign Currency Swaps 11,578 723 (500 ) 11,607 1,404 (238 ) Credit Credit Default Swaps 1,945 1 (80 ) 1,839 3 (53 ) Equity Equity Futures 529 2 0 249 2 0 Equity Options 55,728 76 (87 ) 48,958 159 (118 ) Total Return Swaps 19,066 38 (372 ) 18,804 128 (209 ) Commodity Commodity Futures 0 0 0 80 0 0 Synthetic GICs 76,758 5 0 72,585 7 0 Total Non-Qualifying Derivatives(2) $ 395,495 $ 19,337 $ (8,186 ) $ 413,057 $ 12,573 $ (5,162 ) Total Derivatives(3) $ 410,798 $ 21,066 $ (8,434 ) $ 427,550 $ 14,192 $ (5,316 ) __________ (1) Notional amounts are presented on a gross basis and include derivatives used to offset existing positions. (2) Based on notional amounts, most of the Company’s derivatives do not qualify for hedge accounting as follows: derivatives that economically hedge embedded derivatives do not qualify for hedge accounting because changes in the fair value of the embedded derivatives are already recorded in net income, derivatives that are utilized as macro hedges of the Company’s exposure to various risks typically do not qualify for hedge accounting because they do not meet the criteria required under portfolio hedge accounting rules, and synthetic GICs, which are product standalone derivatives, do not qualify as hedging instruments under hedge accounting rules. (3) Excludes embedded derivatives and associated reinsurance recoverables which contain multiple underlyings. The fair value of these embedded derivatives was a net liability of $12,970 million and $8,408 million as of September 30, 2016 and December 31, 2015 , respectively, primarily included in “Future policy benefits.”
Offsetting of Financial Assets	The following table presents recognized derivative instruments (excluding embedded derivatives and associated reinsurance recoverables), and repurchase and reverse repurchase agreements that are offset in the Unaudited Interim Consolidated Statements of Financial Position, and/or are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in the Unaudited Interim Consolidated Statements of Financial Position. September 30, 2016 Gross Amounts of Recognized Financial Instruments Gross Amounts Offset in the Statements of Financial Position Net Amounts Presented in the Statements of Financial Position Financial Instruments/ Collateral(1) Net Amount (in millions) Offsetting of Financial Assets: Derivatives(1) $ 20,979 $ (19,028 ) $ 1,951 $ (1,456 ) $ 495 Securities purchased under agreement to resell 123 0 123 (123 ) 0 Total assets $ 21,102 $ (19,028 ) $ 2,074 $ (1,579 ) $ 495 Offsetting of Financial Liabilities: Derivatives(1) $ 8,420 $ (7,962 ) $ 458 $ (109 ) $ 349 Securities sold under agreement to repurchase 6,830 0 6,830 (6,830 ) 0 Total liabilities $ 15,250 $ (7,962 ) $ 7,288 $ (6,939 ) $ 349 December 31, 2015 Gross Amounts of Recognized Financial Instruments Gross Amounts Offset in the Statements of Financial Position Net Amounts Presented in the Statements of Financial Position Financial Net Amount (in millions) Offsetting of Financial Assets: Derivatives(1) $ 14,028 $ (11,457 ) $ 2,571 $ (1,296 ) $ 1,275 Securities purchased under agreement to resell 776 0 776 (776 ) 0 Total assets $ 14,804 $ (11,457 ) $ 3,347 $ (2,072 ) $ 1,275 Offsetting of Financial Liabilities: Derivatives(1) $ 5,310 $ (5,276 ) $ 34 $ (14 ) $ 20 Securities sold under agreement to repurchase 7,882 0 7,882 (7,882 ) 0 Total liabilities $ 13,192 $ (5,276 ) $ 7,916 $ (7,896 ) $ 20 __________ (1) Amounts exclude the excess of collateral received/pledged from/to the counterparty.
Offsetting of Financial Liabilities	The following table presents recognized derivative instruments (excluding embedded derivatives and associated reinsurance recoverables), and repurchase and reverse repurchase agreements that are offset in the Unaudited Interim Consolidated Statements of Financial Position, and/or are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in the Unaudited Interim Consolidated Statements of Financial Position. September 30, 2016 Gross Amounts of Recognized Financial Instruments Gross Amounts Offset in the Statements of Financial Position Net Amounts Presented in the Statements of Financial Position Financial Instruments/ Collateral(1) Net Amount (in millions) Offsetting of Financial Assets: Derivatives(1) $ 20,979 $ (19,028 ) $ 1,951 $ (1,456 ) $ 495 Securities purchased under agreement to resell 123 0 123 (123 ) 0 Total assets $ 21,102 $ (19,028 ) $ 2,074 $ (1,579 ) $ 495 Offsetting of Financial Liabilities: Derivatives(1) $ 8,420 $ (7,962 ) $ 458 $ (109 ) $ 349 Securities sold under agreement to repurchase 6,830 0 6,830 (6,830 ) 0 Total liabilities $ 15,250 $ (7,962 ) $ 7,288 $ (6,939 ) $ 349 December 31, 2015 Gross Amounts of Recognized Financial Instruments Gross Amounts Offset in the Statements of Financial Position Net Amounts Presented in the Statements of Financial Position Financial Net Amount (in millions) Offsetting of Financial Assets: Derivatives(1) $ 14,028 $ (11,457 ) $ 2,571 $ (1,296 ) $ 1,275 Securities purchased under agreement to resell 776 0 776 (776 ) 0 Total assets $ 14,804 $ (11,457 ) $ 3,347 $ (2,072 ) $ 1,275 Offsetting of Financial Liabilities: Derivatives(1) $ 5,310 $ (5,276 ) $ 34 $ (14 ) $ 20 Securities sold under agreement to repurchase 7,882 0 7,882 (7,882 ) 0 Total liabilities $ 13,192 $ (5,276 ) $ 7,916 $ (7,896 ) $ 20 __________ (1) Amounts exclude the excess of collateral received/pledged from/to the counterparty.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	The following table provides the financial statement classification and impact of derivatives used in qualifying and non-qualifying hedge relationships, excluding the offset of the hedged item in an effective hedge relationship. Three Months Ended September 30, 2016 Realized Net Other Interest Interest AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Interest Rate $ 9 $ (8 ) $ 0 $ 0 $ 0 $ 0 Currency 7 0 0 0 0 0 Total fair value hedges 16 (8 ) 0 0 0 0 Cash flow hedges Interest Rate 0 0 0 (1 ) 0 3 Currency/Interest Rate 0 31 32 0 0 (208 ) Total cash flow hedges 0 31 32 (1 ) 0 (205 ) Net investment hedges Currency 0 0 0 0 0 (5 ) Currency/Interest Rate 0 0 0 0 0 0 Total net investment hedges 0 0 0 0 0 (5 ) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 340 0 0 0 0 0 Currency 536 0 (1 ) 0 0 0 Currency/Interest Rate (199 ) 0 0 0 0 0 Credit 13 0 0 0 0 0 Equity (954 ) 0 0 0 0 0 Commodity 0 0 0 0 0 0 Embedded Derivatives 583 0 0 0 0 0 Total non-qualifying hedges 319 0 (1 ) 0 0 0 Total $ 335 $ 23 $ 31 $ (1 ) $ 0 $ (210 ) Nine Months Ended September 30, 2016 Realized Investment Gains (Losses) Net Investment Income Other Income Interest Expense Interest Credited to Policyholders’ Account Balances AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Interest Rate $ (10 ) $ (24 ) $ 0 $ 0 $ 0 $ 0 Currency 28 (1 ) 0 0 0 0 Total fair value hedges 18 (25 ) 0 0 0 0 Cash flow hedges Interest Rate 0 0 0 (4 ) 0 (7 ) Currency/Interest Rate 0 89 149 0 0 (65 ) Total cash flow hedges 0 89 149 (4 ) 0 (72 ) Net investment hedges Currency 0 0 0 0 0 (16 ) Currency/Interest Rate 0 0 0 0 0 0 Total net investment hedges 0 0 0 0 0 (16 ) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 8,213 0 0 0 0 0 Currency 1,104 0 (4 ) 0 0 0 Currency/Interest Rate (729 ) 0 1 0 0 0 Credit 6 0 0 0 0 0 Equity (1,705 ) 0 0 0 0 0 Commodity (1 ) 0 0 0 0 0 Embedded Derivatives (3,684 ) 0 0 0 0 0 Total non-qualifying hedges 3,204 0 (3 ) 0 0 0 Total $ 3,222 $ 64 $ 146 $ (4 ) $ 0 $ (88 ) Three Months Ended September 30, 2015 Realized Net Other Interest Interest AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Interest Rate $ (7 ) $ (11 ) $ 0 $ 0 $ 0 $ 0 Currency 3 0 0 0 0 0 Total fair value hedges (4 ) (11 ) 0 0 0 0 Cash flow hedges Interest Rate 0 0 0 (2 ) 0 (6 ) Currency/Interest Rate 0 22 59 0 0 321 Total cash flow hedges 0 22 59 (2 ) 0 315 Net investment hedges Currency 0 0 0 0 0 5 Currency/Interest Rate 0 0 0 0 0 (10 ) Total net investment hedges 0 0 0 0 0 (5 ) Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 3,261 0 0 0 0 0 Currency 193 0 (2 ) 0 0 0 Currency/Interest Rate 58 0 1 0 0 0 Credit (5 ) 0 0 0 0 0 Equity 1,364 0 0 0 0 0 Commodity 0 0 0 0 0 0 Embedded Derivatives (3,421 ) 0 0 0 0 0 Total non-qualifying hedges 1,450 0 (1 ) 0 0 0 Total $ 1,446 $ 11 $ 58 $ (2 ) $ 0 $ 310 Nine Months Ended September 30, 2015 Realized Investment Gains (Losses) Net Investment Income Other Income Interest Expense Interest Credited to Policyholders’ Account Balances AOCI(1) (in millions) Derivatives Designated as Hedge Accounting Instruments: Fair value hedges Interest Rate $ 14 $ (33 ) $ 0 $ 0 $ 0 $ 0 Currency 12 (1 ) 0 0 0 0 Total fair value hedges 26 (34 ) 0 0 0 0 Cash flow hedges Interest Rate 0 0 0 (5 ) 0 (5 ) Currency/Interest Rate 0 49 84 0 0 816 Total cash flow hedges 0 49 84 (5 ) 0 811 Net investment hedges Currency (3 ) 0 0 0 0 12 Currency/Interest Rate 0 0 0 0 0 15 Total net investment hedges (3 ) 0 0 0 0 27 Derivatives Not Qualifying as Hedge Accounting Instruments: Interest Rate 1,795 0 0 0 0 0 Currency (34 ) 0 (1 ) 0 0 0 Currency/Interest Rate 464 0 5 0 0 0 Credit (6 ) 0 0 0 0 0 Equity 706 0 0 0 0 0 Commodity (1 ) 0 0 0 0 0 Embedded Derivatives (243 ) 0 0 0 0 0 Total non-qualifying hedges 2,681 0 4 0 0 0 Total $ 2,704 $ 15 $ 88 $ (5 ) $ 0 $ 838 __________ (1) Amounts deferred in AOCI.
Schedule of Derivative Instruments Recognized in Accumulated Other Comprehensive Income (Loss) Before Taxes	Presented below is a rollforward of current period cash flow hedges in AOCI before taxes: (in millions) Balance, December 31, 2015 $ 1,165 Net deferred gains (losses) on cash flow hedges from January 1 to September 30, 2016 189 Amount reclassified into current period earnings (261 ) Balance, September 30, 2016 $ 1,093

Commitments and Guarantees, C35

Commitments and Guarantees, Contingent Liabilities and Litigation and Regulatory Matters (Tables)	9 Months Ended
	Sep. 30, 2016
Securities Lending Transactions
Commitments Gurantees And Contingent Liabilities [Line Items]
Commitments and Guarantees	Indemnification of Securities Lending Transactions September 30, December 31, (in millions) Indemnification provided to mutual fund, trust fund, and insurance company separate account clients for securities lending $ 4,917 $ 15,084 Fair value of related collateral associated with above indemnifications $ 5,033 $ 15,508 Accrued liability associated with guarantee $ 0 $ 0
Asset Values
Commitments Gurantees And Contingent Liabilities [Line Items]
Commitments and Guarantees	Guarantees of Asset Values September 30, December 31, (in millions) Guaranteed value of third parties’ assets $ 76,758 $ 72,585 Fair value of collateral supporting these assets $ 79,153 $ 73,634 Asset associated with guarantee, carried at fair value $ 5 $ 7
Serviced Mortgage Loans
Commitments Gurantees And Contingent Liabilities [Line Items]
Commitments and Guarantees	Indemnification of Serviced Mortgage Loans September 30, December 31, (in millions) Maximum exposure under indemnification agreements for mortgage loans serviced by the Company $ 1,338 $ 1,200 First-loss exposure portion of above $ 408 $ 371 Accrued liability associated with guarantees $ 13 $ 14
Guarantee Type, Other
Commitments Gurantees And Contingent Liabilities [Line Items]
Commitments and Guarantees	Other Guarantees September 30, December 31, (in millions) Other guarantees where amount can be determined $ 337 $ 324 Accrued liability for other guarantees and indemnifications $ 4 $ 4
Commercial mortgage and other loans
Commitments Gurantees And Contingent Liabilities [Line Items]
Commitments and Guarantees	Commercial Mortgage Loan Commitments September 30, December 31, (in millions) Total outstanding mortgage loan commitments $ 2,251 $ 2,272 Portion of commitment where prearrangement to sell to investor exists $ 463 $ 721
Investments Excluding Commercial Mortgage Loans
Commitments Gurantees And Contingent Liabilities [Line Items]
Commitments and Guarantees	Commitments to Purchase Investments (excluding Commercial Mortgage Loans) September 30, December 31, (in millions) Expected to be funded from the general account and other operations outside the separate accounts(1) $ 4,283 $ 3,787 Expected to be funded from separate accounts $ 440 $ 92 __________ (1) Includes a remaining commitment of $132 million and $152 million at September 30, 2016 and December 31, 2015 , respectively, related to the Company’s agreement to co-invest with the Fosun Group (“Fosun”) in a private equity fund, managed by Fosun, for the Chinese marketplace.

Business and Basis of Present36

Business and Basis of Presentation (Narrative) (Details) $ in Millions	3 Months Ended	9 Months Ended
	Jun. 30, 2016USD ($)	Sep. 30, 2016USD ($)division
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of divisions | division		4
Income From Continuing Operations Before Income Taxes And Equity In Earnings Of Operating Joint Ventures [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Out of Period Adjustment Increase/Benefit (Decrease/Charge) | $	$ (148)	$ (148)

Significant Accounting Polici37

Significant Accounting Policies and Pronouncements (Details) - USD ($) $ in Millions		Sep. 30, 2016	Jan. 01, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease in Other assets	[1],[2]	$ (15,403)		$ (14,225)
Decrease in Long-term debt	[1]	(18,758)		(19,594)
Decrease in Total assets		(819,865)		(757,255)
Decrease in Total investments		(465,771)		(417,192)
Decrease in Total liabilities		(762,891)		(715,332)
Decrease in Noncontrolling interests		(543)		(33)
Increase to Total Prudential Financial, Inc. equity		$ 56,974		41,923	$ 42,770	$ 42,349
Accounting Standards Update 2015-03
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease in Other assets				(133)
Decrease in Long-term debt				$ 133
Accounting Standards Update 2015-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease in Total assets			$ 5,500
Decrease in Total investments			5,100
Decrease in Total liabilities			5,500
Decrease in Notes issued by consolidated variable interest entities			5,100
Decrease in Noncontrolling interests			30
Increase to Total Prudential Financial, Inc. equity			7
Accounting Standards Update 2014-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease in Total liabilities			4
Increase to Total Prudential Financial, Inc. equity			$ 4
[1]	Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-03. See Note 2 for additional information.
[2]	See Note 5 for details of balances associated with variable interest entities.

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) - 1 months ended Mar. 31, 2016 - AFP Habitat $ in Millions	USD ($)	CLP / shares
Business Acquisition [Line Items]
Percentage of shares acquired		40.00%
Acquisition Price per Share (Chilean pesos per share) | CLP / shares		CLP 899.90
Cash paid for business acquisition | $	$ 532

Investments (Fixed Maturities a

Investments (Fixed Maturities and Equity Securities Excluding Investments Classified as Trading) (Details) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		$ 297,745	$ 265,416
Fair Value	[1]	343,244	290,323
OTTI in AOCI		(355)	(459)
Amortized Cost		7,197	6,847
Fair Value		9,765	9,274
Amortized Cost	[1]	2,471	2,308
Fair Value		2,956	2,624
Net unrealized gains on impaired available for sale securities relating to changes in value of securities subsequent to the impairment measurement date		686	693
Net unrealized gains on impaired held to maturity securities (less than in 2015)		1	1
Prudential Netting Agreement
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		4,165	3,850
Fair Value		4,165	4,081
U.S. Treasury securities and obligations of U.S. government authorities and agencies
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		0	0
Obligations of U.S. states and their political subdivisions
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		0	0
Foreign government bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		0	1
U.S. corporate public securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		(9)	(3)
U.S. Corporate Private Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		(20)	0
Foreign corporate public securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		(6)	0
Foreign corporate private securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		0	0
Asset-backed securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		(316)	(452)
Commercial mortgage-backed securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		(1)	(1)
Residential mortgage-backed securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
OTTI in AOCI		(3)	(4)
Fixed maturities, available-for-sale
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		297,745	265,416
Gross Unrealized Gains		47,295	29,240
Gross Unrealized Losses		1,796	4,333
Fair Value		343,244	290,323
Amortized Cost		2,471	2,308
Gross Unrealized Gains		485	316
Gross Unrealized Losses		0	0
Fair Value		2,956	2,624
Fixed maturities, available-for-sale | Prudential Netting Agreement
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		1,127	1,050
Fair Value		1,127	1,039
Fixed maturities, available-for-sale | U.S. Treasury securities and obligations of U.S. government authorities and agencies
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		20,359	14,992
Gross Unrealized Gains		5,403	3,544
Gross Unrealized Losses		37	19
Fair Value		25,725	18,517
Fixed maturities, available-for-sale | Obligations of U.S. states and their political subdivisions
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		8,489	8,089
Gross Unrealized Gains		1,382	747
Gross Unrealized Losses		4	41
Fair Value		9,867	8,795
Fixed maturities, available-for-sale | Foreign government bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		86,008	71,849
Gross Unrealized Gains		22,522	12,011
Gross Unrealized Losses		130	147
Fair Value		108,400	83,713
Amortized Cost		965	816
Gross Unrealized Gains		341	196
Gross Unrealized Losses		0	0
Fair Value		1,306	1,012
Fixed maturities, available-for-sale | U.S. corporate public securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		78,592	70,979
Gross Unrealized Gains		9,513	6,344
Gross Unrealized Losses		489	1,955
Fair Value		87,616	75,368
Fixed maturities, available-for-sale | U.S. Corporate Private Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		29,905	28,525
Gross Unrealized Gains		2,789	2,278
Gross Unrealized Losses		226	359
Fair Value		32,468	30,444
Fixed maturities, available-for-sale | Foreign corporate public securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		27,185	26,354
Gross Unrealized Gains		3,619	2,821
Gross Unrealized Losses		155	621
Fair Value		30,649	28,554
Amortized Cost		717	625
Gross Unrealized Gains		83	62
Gross Unrealized Losses		0	0
Fair Value		800	687
Fixed maturities, available-for-sale | Foreign corporate private securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		20,645	19,393
Gross Unrealized Gains		966	739
Gross Unrealized Losses		616	994
Fair Value		20,995	19,138
Amortized Cost		93	78
Gross Unrealized Gains		4	4
Gross Unrealized Losses		0	0
Fair Value		97	82
Fixed maturities, available-for-sale | Asset-backed securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		10,318	10,121
Gross Unrealized Gains		178	226
Gross Unrealized Losses		121	121
Fair Value		10,375	10,226
Fixed maturities, available-for-sale | Commercial mortgage-backed securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		11,912	10,337
Gross Unrealized Gains		604	195
Gross Unrealized Losses		15	70
Fair Value		12,501	10,462
Amortized Cost		1	33
Gross Unrealized Gains		0	1
Gross Unrealized Losses		0	0
Fair Value		1	34
Fixed maturities, available-for-sale | Residential mortgage-backed securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Amortized Cost		4,332	4,777
Gross Unrealized Gains		319	335
Gross Unrealized Losses		3	6
Fair Value		4,648	5,106
Amortized Cost		695	756
Gross Unrealized Gains		57	53
Gross Unrealized Losses		0	0
Fair Value		752	809
Equity securities, available-for-sale
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Gross Unrealized Gains		2,611	2,570
Gross Unrealized Losses		43	143
Amortized Cost		7,197	6,847
Fair Value		$ 9,765	$ 9,274
[1]	See Note 5 for details of balances associated with variable interest entities.

Investments (Amortized Cost and

Investments (Amortized Cost and Fair Value of Fixed Maturities by Contractual Maturities) (Details) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Available for Sale Amortized Cost
Due in one year or less		$ 10,680
Due after one year through five years		47,613
Due after five years through ten years		61,574
Due after ten years		151,316
Total		297,745	$ 265,416
Available for Sale Securities Fair Value
Due in one year or less		11,142
Due after one year through five years		52,034
Due after five years through ten years		67,850
Due after ten years		184,694
Fair Value	[1]	343,244	290,323
Held to Maturity Securities Amortized Cost
Due in one year or less		13
Due after one year through five years		191
Due after five years through ten years		610
Due after ten years		961
Fair Value	[1]	2,471	2,308
Held to Maturity Securities Fair Value
Due in one year or less		13
Due after one year through five years		203
Due after five years through ten years		685
Due after ten years		1,302
Total		2,956	2,624
Fixed maturities, available-for-sale
Available for Sale Amortized Cost
Total		297,745	265,416
Available for Sale Securities Fair Value
Fair Value		343,244	290,323
Held to Maturity Securities Amortized Cost
Fair Value		2,471	2,308
Held to Maturity Securities Fair Value
Total		2,956	2,624
Prudential Netting Agreement
Held to Maturity Securities Amortized Cost
Fair Value		4,165	3,850
Held to Maturity Securities Fair Value
Total		4,165	4,081
Prudential Netting Agreement | Fixed maturities, available-for-sale
Available for Sale Amortized Cost
Total		1,127	1,050
Available for Sale Securities Fair Value
Fair Value		1,127	1,039
Commercial mortgage-backed securities
Available for Sale Amortized Cost
Debt Maturities, without single maturity date		11,912
Available for Sale Securities Fair Value
Debt Maturities, without Single Maturity Date		12,501
Held to Maturity Securities Amortized Cost
Debt Maturities, without Single Maturity Date		1
Held to Maturity Securities Fair Value
Debt Maturities, without Single Maturity Date		1
Residential mortgage-backed securities
Available for Sale Amortized Cost
Debt Maturities, without single maturity date		4,332
Available for Sale Securities Fair Value
Debt Maturities, without Single Maturity Date		4,648
Held to Maturity Securities Amortized Cost
Debt Maturities, without Single Maturity Date		695
Held to Maturity Securities Fair Value
Debt Maturities, without Single Maturity Date		752
Asset-backed securities
Available for Sale Amortized Cost
Debt Maturities, without single maturity date		10,318
Available for Sale Securities Fair Value
Debt Maturities, without Single Maturity Date		10,375
Held to Maturity Securities Amortized Cost
Debt Maturities, without Single Maturity Date		0
Held to Maturity Securities Fair Value
Debt Maturities, without Single Maturity Date		0
Asset-backed securities | Fixed maturities, available-for-sale
Available for Sale Amortized Cost
Total		10,318	10,121
Available for Sale Securities Fair Value
Fair Value		$ 10,375	$ 10,226
[1]	See Note 5 for details of balances associated with variable interest entities.

Investments (Fixed Maturities P

Investments (Fixed Maturities Proceeds) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Noncash or Part Noncash Divestiture, Amount of Consideration Received			$ 122	$ 267
Fixed maturity and equity security impairments
Net writedowns for other-than-temporary impairment losses on fixed maturities recognized in earnings	$ (29)	$ (73)	(166)	(110)
Writedowns for impairments on equity securities	(23)	(60)	(65)	(77)
Fixed maturities, available-for-sale
Fixed maturities, available-for-sale
Proceeds from sales	7,585	6,016	21,939	21,059
Proceeds from maturities/repayments	4,960	4,496	14,583	14,209
Gross investment gains from sales, prepayments and maturities	440	427	1,234	1,401
Gross investment losses from sales and maturities	(46)	(73)	(343)	(170)
Fixed maturities, held-to-maturity
Fixed maturities, held-to-maturity
Gross investment gains from prepayments	0	0	0	0
Proceeds from maturities/repayments	83	58	208	181
Equity securities, available-for-sale
Fixed maturities, available-for-sale
Gross investment gains from sales, prepayments and maturities	177	167	425	594
Gross investment losses from sales and maturities	(30)	(61)	(137)	(123)
Equity securities, available-for-sale
Proceeds from sales	$ 978	$ 1,181	$ 2,815	$ 3,734

Investments (Fair Value and Los

Investments (Fair Value and Losses by Investment Category and Length of Time in a Loss Position) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	$ 19,588	$ 58,994
Less than 12 months Gross Unrealized Losses	773	2,531
Twelve months or more Fair Value	13,988	13,906
Twelve months or more Gross Unrealized Losses	1,023	1,802
Total Fair Value	33,576	72,900
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	1,796	4,333
U.S. Treasury securities and obligations of U.S. government authorities and agencies
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	2,818	3,068
Less than 12 months Gross Unrealized Losses	37	19
Twelve months or more Fair Value	0	0
Twelve months or more Gross Unrealized Losses	0	0
Total Fair Value	2,818	3,068
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	37	19
Obligations of U.S. states and their political subdivisions
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	80	1,391
Less than 12 months Gross Unrealized Losses	1	40
Twelve months or more Fair Value	21	7
Twelve months or more Gross Unrealized Losses	3	1
Total Fair Value	101	1,398
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	4	41
Foreign government bonds
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	2,133	1,925
Less than 12 months Gross Unrealized Losses	112	82
Twelve months or more Fair Value	296	411
Twelve months or more Gross Unrealized Losses	18	65
Total Fair Value	2,429	2,336
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	130	147
U.S. corporate public securities
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	5,907	24,642
Less than 12 months Gross Unrealized Losses	201	1,396
Twelve months or more Fair Value	3,237	3,455
Twelve months or more Gross Unrealized Losses	288	559
Total Fair Value	9,144	28,097
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	489	1,955
U.S. corporate private securities
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	1,926	6,996
Less than 12 months Gross Unrealized Losses	114	266
Twelve months or more Fair Value	1,482	802
Twelve months or more Gross Unrealized Losses	112	93
Total Fair Value	3,408	7,798
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	226	359
Foreign Corporate Public Securities
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	1,264	5,985
Less than 12 months Gross Unrealized Losses	41	288
Twelve months or more Fair Value	1,230	1,584
Twelve months or more Gross Unrealized Losses	114	333
Total Fair Value	2,494	7,569
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	155	621
Foreign Corporate Private Securities
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	2,692	6,199
Less than 12 months Gross Unrealized Losses	183	340
Twelve months or more Fair Value	4,773	3,917
Twelve months or more Gross Unrealized Losses	433	654
Total Fair Value	7,465	10,116
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	616	994
Asset-backed securities
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	1,287	4,342
Less than 12 months Gross Unrealized Losses	68	33
Twelve months or more Fair Value	2,712	3,138
Twelve months or more Gross Unrealized Losses	53	88
Total Fair Value	3,999	7,480
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	121	121
Commercial mortgage-backed securities
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	1,417	3,888
Less than 12 months Gross Unrealized Losses	14	63
Twelve months or more Fair Value	148	473
Twelve months or more Gross Unrealized Losses	1	7
Total Fair Value	1,565	4,361
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	15	70
Residential mortgage-backed securities
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	64	558
Less than 12 months Gross Unrealized Losses	2	4
Twelve months or more Fair Value	89	119
Twelve months or more Gross Unrealized Losses	1	2
Total Fair Value	153	677
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	3	6
Equity securities, available-for-sale
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Less than twelve months Fair Value	699	1,862
Less than 12 months Gross Unrealized Losses	42	142
Twelve months or more Fair Value	12	11
Twelve months or more Gross Unrealized Losses	1	1
Total Fair Value	711	1,873
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	43	143
Held-to-maturity
Duration Of Unrealized Losses On Fixed Maturities Investments [Line Items]
Total Fair Value	14	0
Total Gross Unrealized Losses (less than for held-to-maturity securities in 2016)	$ 1	$ 0

Investments (Narrative) (Detail

Investments (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Investments [Abstract]
Gross unrealized losses related to high or highest quality securities	$ 1,324,000,000		$ 1,324,000,000		$ 3,750,000,000
Gross unrealized losses related to other than high or highest quality securities	472,000,000		472,000,000		583,000,000
Twelve months or more Unrealized Losses	1,023,000,000		1,023,000,000		1,802,000,000
Gross unrealized losses representing declines in value of greater than 20%	9,000,000		9,000,000		19,000,000
Gross unrealized losses in a continuous loss position for less than six months	9,000,000		9,000,000		19,000,000
Net change in unrealized gains (losses) from trading account assets supporting insurance liabilities	84,000,000	$ (251,000,000)	459,000,000	$ (517,000,000)
Net change in unrealized gains (losses) from other trading account assets	49,000,000	(227,000,000)	210,000,000	(219,000,000)
Schedule Of Marketable Securities [Line Items]
Net carrying value of commercial loans held for sale	572,000,000		572,000,000		274,000,000
Acquired	0	145,000,000		198,000,000
Sold	0	$ 0		$ 18,000,000
Troubled Debt Restructuring Commitment To Borrowers	0		0		$ 0
Troubled Debt Restructuring, Private Debt Commitments			0
Other Restricted Assets, Current	$ 1,200,000,000		$ 1,200,000,000
California
Schedule Of Marketable Securities [Line Items]
Commercial mortgage loan, concentration percentage	26.00%		26.00%
New York
Schedule Of Marketable Securities [Line Items]
Commercial mortgage loan, concentration percentage	9.00%		9.00%
Texas
Schedule Of Marketable Securities [Line Items]
Commercial mortgage loan, concentration percentage	9.00%		9.00%
Europe
Schedule Of Marketable Securities [Line Items]
Commercial mortgage loan, concentration percentage	4.00%		4.00%
Asia
Schedule Of Marketable Securities [Line Items]
Commercial mortgage loan, concentration percentage	1.00%		1.00%

Investments (Credit Losses Reco

Investments (Credit Losses Recognized In Earnings on Fixed Maturity Securities Held by the Company) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Credit losses recognized in earnings on fixed maturity securities
Balance, beginning of period	$ 424	$ 751	$ 532	$ 781
Credit loss impairments previously recognized on securities which matured, paid down, prepaid or were sold during the period	(76)	(187)	(217)	(215)
Credit loss impairments previously recognized on securities impaired to fair value during the period	0	(6)	(2)	(19)
Credit loss impairments recognized in the current period on securities not previously impaired	0	0	27	3
Additional credit loss impairments recognized in the current period on securities previously impaired	0	1	0	2
Increases due to the passage of time on previously recorded credit losses	5	1	17	14
Accretion of credit loss impairments previously recognized due to an increase in cash flows expected to be collected	(2)	(3)	(6)	(9)
Balance, end of period	$ 351	$ 557	$ 351	$ 557

Investments (Trading Account As

Investments (Trading Account Assets Supporting Insurance Liabilities) (Details) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Major Types Of Investment Securities [Line Items]
Amortized Cost		$ 21,011	$ 20,164
Fair Value	[1]	21,828	20,522
Fixed Maturities
Major Types Of Investment Securities [Line Items]
Amortized Cost		18,880	18,369
Fair Value		19,575	18,503
Equity securities
Major Types Of Investment Securities [Line Items]
Amortized Cost		1,223	1,030
Fair Value		1,345	1,254
Short-term investments and cash equivalents
Major Types Of Investment Securities [Line Items]
Amortized Cost		908	765
Fair Value		908	765
Corporate securities | Fixed Maturities
Major Types Of Investment Securities [Line Items]
Amortized Cost		13,296	12,797
Fair Value		13,773	12,851
Commercial mortgage-backed securities | Fixed Maturities
Major Types Of Investment Securities [Line Items]
Amortized Cost		1,873	1,860
Fair Value		1,952	1,862
Residential mortgage-backed securities | Fixed Maturities
Major Types Of Investment Securities [Line Items]
Amortized Cost		1,217	1,411
Fair Value		1,261	1,428
Asset-backed securities | Fixed Maturities
Major Types Of Investment Securities [Line Items]
Amortized Cost		1,311	1,295
Fair Value		1,327	1,299
Foreign government bonds | Fixed Maturities
Major Types Of Investment Securities [Line Items]
Amortized Cost		784	680
Fair Value		813	694
U.S. government authorities and agencies and obligations of U.S. states | Fixed Maturities
Major Types Of Investment Securities [Line Items]
Amortized Cost		399	326
Fair Value		$ 449	$ 369
[1]	See Note 5 for details of balances associated with variable interest entities.

Investments (Other Trading Acco

Investments (Other Trading Account Assets) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Schedule Of Marketable Securities [Line Items]
Fair Value	$ 7,559	$ 14,458
Investments excluding derivative instruments
Schedule Of Marketable Securities [Line Items]
Amortized Cost	5,682	12,176
Fair Value	5,619	11,903
Derivative instruments
Schedule Of Marketable Securities [Line Items]
Fair Value	1,940	2,555
Other
Schedule Of Marketable Securities [Line Items]
Amortized Cost	5	12
Fair Value	7	15
Fixed Maturities
Schedule Of Marketable Securities [Line Items]
Amortized Cost	4,783	11,132
Fair Value	4,635	10,764
Equity securities
Schedule Of Marketable Securities [Line Items]
Amortized Cost	867	1,006
Fair Value	950	1,098
Short-term investments and cash equivalents
Schedule Of Marketable Securities [Line Items]
Amortized Cost	27	26
Fair Value	$ 27	$ 26

Investments (Concentrations of

Investments (Concentrations of Financial Instruments) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Investments in Japanese government and government agency securities:
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	$ 67,255	$ 55,172
Fair Value	84,223	63,434
Investments in Japanese government and government agency securities: | Fixed maturities, available-for-sale
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	65,711	53,851
Fair Value	82,317	61,911
Investments in Japanese government and government agency securities: | Fixed maturities, held-to-maturity
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	942	796
Fair Value	1,276	988
Investments in Japanese government and government agency securities: | Trading account assets supporting insurance liabilities
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	585	492
Fair Value	613	502
Investments in Japanese government and government agency securities: | Other trading account assets
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	17	33
Fair Value	17	33
Investments in South Korean government and government agency securities:
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	8,209	7,235
Fair Value	11,353	9,277
Investments in South Korean government and government agency securities: | Fixed maturities, available-for-sale
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	8,165	7,191
Fair Value	11,308	9,233
Investments in South Korean government and government agency securities: | Fixed maturities, held-to-maturity
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	0	0
Fair Value	0	0
Investments in South Korean government and government agency securities: | Trading account assets supporting insurance liabilities
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	44	44
Fair Value	45	44
Investments in South Korean government and government agency securities: | Other trading account assets
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]
Amortized Cost	0	0
Fair Value	$ 0	$ 0

Investments (Commercial Mortgag

Investments (Commercial Mortgage and Other Loans) (Details) - USD ($) $ in Millions		9 Months Ended	12 Months Ended
		Sep. 30, 2016	Dec. 31, 2015
Servicing Assets at Fair Value [Line Items]
Total commercial mortgage and agricultural property loans by property type		$ 51,321	$ 49,046
Valuation allowance		(99)	(99)
Total net commercial mortgage and agricultural property loans by property type		51,222	48,947
Loans and Leases Receivable, Gross, Consumer, Real Estate		1,060	1,625
Total net other loans		1,051	1,612
Total commercial mortgage and other loans	[1]	$ 52,273	$ 50,559
% of Total		100.00%	100.00%
Allowance for Loan and Lease Losses, Real Estate		$ 9	$ 13
Commercial Mortgage Loans
Servicing Assets at Fair Value [Line Items]
Total commercial mortgage and agricultural property loans by property type		$ 48,433	$ 46,187
% of Total		94.40%	94.20%
Uncollateralized loans
Servicing Assets at Fair Value [Line Items]
Loans and Leases Receivable, Gross, Consumer, Real Estate		$ 748	$ 1,012
Residential property loans
Servicing Assets at Fair Value [Line Items]
Loans and Leases Receivable, Gross, Consumer, Real Estate		301	301
Other collateralized loans
Servicing Assets at Fair Value [Line Items]
Loans and Leases Receivable, Gross, Consumer, Real Estate		11	312
Office
Servicing Assets at Fair Value [Line Items]
Total commercial mortgage and agricultural property loans by property type		$ 12,137	$ 11,226
% of Total		23.70%	22.90%
Retail
Servicing Assets at Fair Value [Line Items]
Total commercial mortgage and agricultural property loans by property type		$ 8,593	$ 8,917
% of Total		16.70%	18.20%
Apartments/Multi-Family
Servicing Assets at Fair Value [Line Items]
Total commercial mortgage and agricultural property loans by property type		$ 13,247	$ 12,034
% of Total		25.80%	24.50%
Industrial
Servicing Assets at Fair Value [Line Items]
Total commercial mortgage and agricultural property loans by property type		$ 7,806	$ 7,775
% of Total		15.20%	15.90%
Hospitality
Servicing Assets at Fair Value [Line Items]
Total commercial mortgage and agricultural property loans by property type		$ 2,384	$ 2,513
% of Total		4.70%	5.10%
Other
Servicing Assets at Fair Value [Line Items]
Total commercial mortgage and agricultural property loans by property type		$ 4,266	$ 3,722
% of Total		8.30%	7.60%
Agricultural property loans
Servicing Assets at Fair Value [Line Items]
Total commercial mortgage and agricultural property loans by property type		$ 2,888	$ 2,859
% of Total		5.60%	5.80%
[1]	See Note 5 for details of balances associated with variable interest entities.

Investments (Allowance for Loss

Investments (Allowance for Losses) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, beginning of year	$ 112	$ 119
Addition to (release of) allowance for losses	(6)	(7)
Charge-offs, net of recoveries	0	0
Change in foreign exchange	2	0
Total ending balance	108	112
Commercial Mortgage Loans
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, beginning of year	97	104
Addition to (release of) allowance for losses	0	(7)
Charge-offs, net of recoveries	0	0
Change in foreign exchange	0	0
Total ending balance	97	97
Agricultural Property Loans
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, beginning of year	2	1
Addition to (release of) allowance for losses	0	1
Charge-offs, net of recoveries	0	0
Change in foreign exchange	0	0
Total ending balance	2	2
Residential Property Loans
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, beginning of year	3	5
Addition to (release of) allowance for losses	(1)	(2)
Charge-offs, net of recoveries	0	0
Change in foreign exchange	1	0
Total ending balance	3	3
Other Collateralized Loans
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, beginning of year	0	0
Addition to (release of) allowance for losses	0	0
Charge-offs, net of recoveries	0	0
Change in foreign exchange	0	0
Total ending balance	0	0
Uncollateralized Loans
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, beginning of year	10	9
Addition to (release of) allowance for losses	(5)	1
Charge-offs, net of recoveries	0	0
Change in foreign exchange	1	0
Total ending balance	$ 6	$ 10

Investments (Allowance for Cred

Investments (Allowance for Credit Losses and Recorded Investment in Commercial Mortgage and Other Loans) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Allowance for Credit Losses:
Individually evaluated for impairment	$ 7	$ 1
Collectively evaluated for impairment	101	111
Total ending balance	108	112
Recorded Investment:
Gross of reserves: individually evaluated for impairment	148	121
Gross of reserves: collectively evaluated for impairment	52,233	50,550
Total ending balance, gross of reserves	52,381	50,671
Loans acquired with deteriorated credit quality
Allowance for Credit Losses:
Total ending balance	0	0
Recorded Investment:
Total ending balance, gross of reserves	0	0
Commercial Mortgage Loans
Allowance for Credit Losses:
Individually evaluated for impairment	7	1
Collectively evaluated for impairment	90	96
Total ending balance	97	97
Recorded Investment:
Gross of reserves: individually evaluated for impairment	117	111
Gross of reserves: collectively evaluated for impairment	48,316	46,076
Total ending balance, gross of reserves	48,433	46,187
Commercial Mortgage Loans | Loans acquired with deteriorated credit quality
Allowance for Credit Losses:
Total ending balance	0	0
Recorded Investment:
Total ending balance, gross of reserves	0	0
Agricultural Property Loans
Allowance for Credit Losses:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	2	2
Total ending balance	2	2
Recorded Investment:
Gross of reserves: individually evaluated for impairment	29	8
Gross of reserves: collectively evaluated for impairment	2,859	2,851
Total ending balance, gross of reserves	2,888	2,859
Agricultural Property Loans | Loans acquired with deteriorated credit quality
Allowance for Credit Losses:
Total ending balance	0	0
Recorded Investment:
Total ending balance, gross of reserves	0	0
Residential Property Loans
Allowance for Credit Losses:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	3	3
Total ending balance	3	3
Recorded Investment:
Gross of reserves: individually evaluated for impairment	0	0
Gross of reserves: collectively evaluated for impairment	301	301
Total ending balance, gross of reserves	301	301
Residential Property Loans | Loans acquired with deteriorated credit quality
Allowance for Credit Losses:
Total ending balance	0	0
Recorded Investment:
Total ending balance, gross of reserves	0	0
Other Collateralized Loans
Allowance for Credit Losses:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	0	0
Total ending balance	0	0
Recorded Investment:
Gross of reserves: individually evaluated for impairment	0	0
Gross of reserves: collectively evaluated for impairment	11	312
Total ending balance, gross of reserves	11	312
Other Collateralized Loans | Loans acquired with deteriorated credit quality
Allowance for Credit Losses:
Total ending balance	0	0
Recorded Investment:
Total ending balance, gross of reserves	0	0
Uncollateralized Loans
Allowance for Credit Losses:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	6	10
Total ending balance	6	10
Recorded Investment:
Gross of reserves: individually evaluated for impairment	2	2
Gross of reserves: collectively evaluated for impairment	746	1,010
Total ending balance, gross of reserves	748	1,012
Uncollateralized Loans | Loans acquired with deteriorated credit quality
Allowance for Credit Losses:
Total ending balance	0	0
Recorded Investment:
Total ending balance, gross of reserves	$ 0	$ 0

Investments (Impaired Loans) (D

Investments (Impaired Loans) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	$ 51	$ 1
Unpaid Principal Balance	53	2
Related Allowance	7	1
Average Recorded Investment Before Allowance	27	54
Interest Income Recognized	2	3
Commercial mortgage loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	51	1
Unpaid Principal Balance	51	1
Related Allowance	7	1
Average Recorded Investment Before Allowance	27	52
Interest Income Recognized	2	3
Agricultural property loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	2
Interest Income Recognized	0	0
Residential property loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
Other collateralized loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
Uncollateralized loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	2	1
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
With no related allowance recorded:
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	2	1
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	2
Interest Income Recognized	0	0
With no related allowance recorded: | Commercial mortgage loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
With no related allowance recorded: | Agricultural property loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	2
Interest Income Recognized	0	0
With no related allowance recorded: | Residential property loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
With no related allowance recorded: | Other collateralized loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
With no related allowance recorded: | Uncollateralized loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	2	1
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
With an allowance recorded:
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	51	1
Unpaid Principal Balance	51	1
Related Allowance	7	1
Average Recorded Investment Before Allowance	27	52
Interest Income Recognized	2	3
With an allowance recorded: | Commercial mortgage loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	51	1
Unpaid Principal Balance	51	1
Related Allowance	7	1
Average Recorded Investment Before Allowance	27	52
Interest Income Recognized	2	3
With an allowance recorded: | Agricultural property loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
With an allowance recorded: | Residential property loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
With an allowance recorded: | Other collateralized loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	0	0
With an allowance recorded: | Uncollateralized loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment Before Allowance	0	0
Interest Income Recognized	$ 0	$ 0

Investments (Credit Quality Ind

Investments (Credit Quality Indicators) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	$ 52,381	$ 50,671
Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	48,433	46,187
Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	2,888	2,859
Greater than 1.2X | 0%-59.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	26,467	25,978
Greater than 1.2X | 0%-59.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	2,643	2,587
Greater than 1.2X | 0%-59.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	29,110	28,565
Greater than 1.2X | 60%-69.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	13,954	12,191
Greater than 1.2X | 60%-69.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	104	185
Greater than 1.2X | 60%-69.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	14,058	12,376
Greater than 1.2X | 70%-79.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	6,048	5,668
Greater than 1.2X | 70%-79.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
Greater than 1.2X | 70%-79.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	6,048	5,668
Greater than 1.2X | Greater than 80% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	226	119
Greater than 1.2X | Greater than 80% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
Greater than 1.2X | Greater than 80% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	226	119
Greater than 1.2X | Total | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	46,695	43,956
Greater than 1.2X | Total | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	2,747	2,772
Greater than 1.2X | Total | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	49,442	46,728
1.0X to 1.2X | 0%-59.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	411	515
1.0X to 1.2X | 0%-59.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	124	84
1.0X to 1.2X | 0%-59.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	535	599
1.0X to 1.2X | 60%-69.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	413	395
1.0X to 1.2X | 60%-69.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
1.0X to 1.2X | 60%-69.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	413	395
1.0X to 1.2X | 70%-79.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	237	500
1.0X to 1.2X | 70%-79.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
1.0X to 1.2X | 70%-79.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	237	500
1.0X to 1.2X | Greater than 80% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	50	151
1.0X to 1.2X | Greater than 80% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
1.0X to 1.2X | Greater than 80% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	50	151
1.0X to 1.2X | Total | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	1,111	1,561
1.0X to 1.2X | Total | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	124	84
1.0X to 1.2X | Total | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	1,235	1,645
Less than 1.0X | 0%-59.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	306	207
Less than 1.0X | 0%-59.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	17	3
Less than 1.0X | 0%-59.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	323	210
Less than 1.0X | 60%-69.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	102	234
Less than 1.0X | 60%-69.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
Less than 1.0X | 60%-69.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	102	234
Less than 1.0X | 70%-79.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	101	97
Less than 1.0X | 70%-79.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
Less than 1.0X | 70%-79.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	101	97
Less than 1.0X | Greater than 80% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	118	132
Less than 1.0X | Greater than 80% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
Less than 1.0X | Greater than 80% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	118	132
Less than 1.0X | Total | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	627	670
Less than 1.0X | Total | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	17	3
Less than 1.0X | Total | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	644	673
Total | 0%-59.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	27,184	26,700
Total | 0%-59.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	2,784	2,674
Total | 0%-59.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	29,968	29,374
Total | 60%-69.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	14,469	12,820
Total | 60%-69.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	104	185
Total | 60%-69.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	14,573	13,005
Total | 70%-79.99% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	6,386	6,265
Total | 70%-79.99% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
Total | 70%-79.99% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	6,386	6,265
Total | Greater than 80% | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	394	402
Total | Greater than 80% | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	0	0
Total | Greater than 80% | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	394	402
Total | Total | Commercial mortgage loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	48,433	46,187
Total | Total | Agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	2,888	2,859
Total | Total | Commercial mortgage and agricultural property loans
Credit Quality Indicators [Line Items]
Recording investment gross of allowance for credit losses	$ 51,321	$ 49,046

Investments (Analysis of Past D

Investments (Analysis of Past Due Commercial Mortgage and Other Loans) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Servicing Liabilities at Fair Value [Line Items]
Current	$ 52,362	$ 50,655
Total Past Due	19	16
Total Commercial Mortgage and Other Loans	52,381	50,671
Non Accrual Status	59	60
30-59 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	6	9
60-89 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	2	0
Greater Than 90 Days
Servicing Liabilities at Fair Value [Line Items]
Greater Than 90 Days Past Due	11	7
Commercial mortgage loans
Servicing Liabilities at Fair Value [Line Items]
Current	48,429	46,187
Total Past Due	4	0
Total Commercial Mortgage and Other Loans	48,433	46,187
Non Accrual Status	52	53
Commercial mortgage loans | 30-59 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	0	0
Commercial mortgage loans | 60-89 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	0	0
Commercial mortgage loans | Greater Than 90 Days
Servicing Liabilities at Fair Value [Line Items]
Financing Receivable Recorded Investment Greater Than 90 Days Past Due	4	0
Agricultural property loans
Servicing Liabilities at Fair Value [Line Items]
Current	2,886	2,856
Total Past Due	2	3
Total Commercial Mortgage and Other Loans	2,888	2,859
Non Accrual Status	2	1
Agricultural property loans | 30-59 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	0	2
Agricultural property loans | 60-89 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	0	0
Agricultural property loans | Greater Than 90 Days
Servicing Liabilities at Fair Value [Line Items]
Financing Receivable Recorded Investment Greater Than 90 Days Past Due	2	1
Residential property loans
Servicing Liabilities at Fair Value [Line Items]
Current	288	288
Total Past Due	13	13
Total Commercial Mortgage and Other Loans	301	301
Non Accrual Status	5	6
Residential property loans | 30-59 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	6	7
Residential property loans | 60-89 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	2	0
Residential property loans | Greater Than 90 Days
Servicing Liabilities at Fair Value [Line Items]
Financing Receivable Recorded Investment Greater Than 90 Days Past Due	5	6
Other collateralized loans
Servicing Liabilities at Fair Value [Line Items]
Current	11	312
Total Past Due	0	0
Total Commercial Mortgage and Other Loans	11	312
Non Accrual Status	0	0
Other collateralized loans | 30-59 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	0	0
Other collateralized loans | 60-89 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	0	0
Other collateralized loans | Greater Than 90 Days
Servicing Liabilities at Fair Value [Line Items]
Financing Receivable Recorded Investment Greater Than 90 Days Past Due	0	0
Uncollateralized loans
Servicing Liabilities at Fair Value [Line Items]
Current	748	1,012
Total Past Due	0	0
Total Commercial Mortgage and Other Loans	748	1,012
Non Accrual Status	0	0
Uncollateralized loans | 30-59 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	0	0
Uncollateralized loans | 60-89 Days Past Due
Servicing Liabilities at Fair Value [Line Items]
Total Past Due	0	0
Uncollateralized loans | Greater Than 90 Days
Servicing Liabilities at Fair Value [Line Items]
Financing Receivable Recorded Investment Greater Than 90 Days Past Due	$ 0	$ 0

Investments (Net Investment Inc

Investments (Net Investment Income) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	$ 4,248	$ 3,971	$ 12,066	$ 11,836
Less: investment expenses	(175)	(230)	(534)	(655)
Net investment income	4,073	3,741	11,532	11,181
Fixed maturities, available-for-sale
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	2,798	2,572	8,126	7,766
Fixed maturities, held-to-maturity
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	52	51	155	151
Equity securities, available-for-sale
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	95	87	285	264
Trading account assets
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	252	304	747	885
Commercial mortgage and other loans
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	553	580	1,669	1,680
Policy loans
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	160	156	470	464
Short-term investments
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	38	13	105	37
Other long-term investments
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Gross investment income	$ 300	$ 208	$ 509	$ 589

Investments (Realized Investmen

Investments (Realized Investment Gains Losses Net) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule Of Gain Loss On Investments [Line Items]
Realized investment gains (losses), net	$ 813	$ 1,700	$ 4,127	$ 4,190
Fixed maturities
Schedule Of Gain Loss On Investments [Line Items]
Realized investment gains (losses), net	365	281	725	1,121
Equity securities
Schedule Of Gain Loss On Investments [Line Items]
Realized investment gains (losses), net	124	46	223	394
Commercial mortgage and other loans
Schedule Of Gain Loss On Investments [Line Items]
Realized investment gains (losses), net	5	(8)	36	23
Investment real estate
Schedule Of Gain Loss On Investments [Line Items]
Realized investment gains (losses), net	14	0	15	38
Joint ventures and limited partnerships
Schedule Of Gain Loss On Investments [Line Items]
Realized investment gains (losses), net	(14)	(71)	(78)	(80)
Derivatives
Schedule Of Gain Loss On Investments [Line Items]
Realized investment gains (losses), net	323	1,453	3,218	2,688
Other
Schedule Of Gain Loss On Investments [Line Items]
Realized investment gains (losses), net	$ (4)	$ (1)	$ (12)	$ 6

Investments (Net Unrealized Gai

Investments (Net Unrealized Gains Losses on Investments by Asset Class) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Schedule Of Marketable Securities [Line Items]
Net unrealized gains (losses) on investments	$ 49,136	$ 28,474
Net unrealized losses on held to maturity securities transferred from available-for-sale	0
Derivatives designated as cash flow hedges
Schedule Of Marketable Securities [Line Items]
Net unrealized gains (losses) on investments	1,093	1,165
Fixed Maturities
Schedule Of Marketable Securities [Line Items]
Net unrealized gains (losses) on investments	331	234
Fixed Maturities | Available-for-sale
Schedule Of Marketable Securities [Line Items]
Net unrealized gains (losses) on investments	45,168	24,673
Equity securities, available-for-sale | Available-for-sale
Schedule Of Marketable Securities [Line Items]
Net unrealized gains (losses) on investments	2,568	2,427
Other investments
Schedule Of Marketable Securities [Line Items]
Net unrealized gains (losses) on investments	$ (24)	$ (25)

Investments (Repurchase Agreeme

Investments (Repurchase Agreements and Securities Lending Transactions) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	$ 6,830	$ 7,882
Total securities lending transactions	5,037	3,496
Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	1,146	2,171
Total securities lending transactions	4,805	3,263
Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	5,684	5,458
Total securities lending transactions	232	233
30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	253
Total securities lending transactions	0	0
Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
U.S. Treasury securities and obligations of U.S. government authorities and agencies
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	6,237	6,757
Total securities lending transactions	106	94
U.S. Treasury securities and obligations of U.S. government authorities and agencies | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	1,146	1,991
Total securities lending transactions	106	94
U.S. Treasury securities and obligations of U.S. government authorities and agencies | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	5,091	4,513
Total securities lending transactions	0	0
U.S. Treasury securities and obligations of U.S. government authorities and agencies | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	253
Total securities lending transactions	0	0
U.S. Treasury securities and obligations of U.S. government authorities and agencies | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Obligations of U.S. states and their political subdivisions
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	21	4
Obligations of U.S. states and their political subdivisions | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	21	4
Obligations of U.S. states and their political subdivisions | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Obligations of U.S. states and their political subdivisions | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Obligations of U.S. states and their political subdivisions | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign government bonds
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	227	0
Foreign government bonds | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	227	0
Foreign government bonds | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign government bonds | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign government bonds | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
U.S. corporate public securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	11
Total securities lending transactions	3,089	1,487
U.S. corporate public securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	11
Total securities lending transactions	3,001	1,401
U.S. corporate public securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	88	86
U.S. corporate public securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
U.S. corporate public securities | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
U.S. corporate private securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
U.S. corporate private securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
U.S. corporate private securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
U.S. corporate private securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
U.S. corporate private securities | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign Corporate Public Securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	910	629
Foreign Corporate Public Securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	849	579
Foreign Corporate Public Securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	61	50
Foreign Corporate Public Securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign Corporate Public Securities | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign Corporate Private Securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign Corporate Private Securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign Corporate Private Securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign Corporate Private Securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Foreign Corporate Private Securities | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Asset-backed securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	241
Asset-backed securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	241
Asset-backed securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Asset-backed securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Asset-backed securities | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Commercial mortgage-backed securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	8
Commercial mortgage-backed securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	8
Commercial mortgage-backed securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Commercial mortgage-backed securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Commercial mortgage-backed securities | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Residential mortgage-backed securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	593	1,114
Total securities lending transactions	81	97
Residential mortgage-backed securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	169
Total securities lending transactions	0	0
Residential mortgage-backed securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	593	945
Total securities lending transactions	81	97
Residential mortgage-backed securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Residential mortgage-backed securities | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Equity securities
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	603	936
Equity securities | Overnight & Continuous
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	601	936
Equity securities | Up to 30 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	2	0
Equity securities | 30 to 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	0	0
Equity securities | Greater than 90 Days
Transfer Of Certain Financial Assets Accounted For As Secured Borrowings [Line Items]
Total repurchase agreements	0	0
Total securities lending transactions	$ 0	$ 0

Variable Interest Entities (Tot

Variable Interest Entities (Total Assets of Consolidated VIEs) (Details) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Variable Interest Entity [Line Items]
Total liabilities of consolidated VIEs	[1]	$ 2,722	$ 8,597
Consolidated VIEs for Which the Company is the Investment Manager
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		6,061	10,253
Total liabilities of consolidated VIEs		3,203	9,271
Consolidated VIEs for Which the Company is the Investment Manager | Fixed maturities, available-for-sale
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		75	0
Consolidated VIEs for Which the Company is the Investment Manager | Fixed maturities, held-to-maturity
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		93	0
Consolidated VIEs for Which the Company is the Investment Manager | Trading account assets supporting insurance liabilities
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		0	0
Consolidated VIEs for Which the Company is the Investment Manager | Other trading account assets
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		3,325	9,536
Consolidated VIEs for Which the Company is the Investment Manager | Commercial mortgage and other loans
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		542	0
Consolidated VIEs for Which the Company is the Investment Manager | Other long-term investments
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		973	0
Consolidated VIEs for Which the Company is the Investment Manager | Cash and cash equivalents
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		537	337
Consolidated VIEs for Which the Company is the Investment Manager | Accrued investment income
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		18	56
Consolidated VIEs for Which the Company is the Investment Manager | Other assets
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		498	324
Consolidated VIEs for Which the Company is the Investment Manager | Notes issued by consolidated VIEs
Variable Interest Entity [Line Items]
Total liabilities of consolidated VIEs		2,722	8,597
Consolidated VIEs for Which the Company is the Investment Manager | Other liabilities
Variable Interest Entity [Line Items]
Total liabilities of consolidated VIEs		481	674
Other Consolidated VIEs
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		1,320	1,411
Total liabilities of consolidated VIEs		13	3
Other Consolidated VIEs | Fixed maturities, available-for-sale
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		308	179
Other Consolidated VIEs | Fixed maturities, held-to-maturity
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		902	760
Other Consolidated VIEs | Trading account assets supporting insurance liabilities
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		10	10
Other Consolidated VIEs | Other trading account assets
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		0	0
Other Consolidated VIEs | Commercial mortgage and other loans
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		0	300
Other Consolidated VIEs | Other long-term investments
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		96	155
Other Consolidated VIEs | Cash and cash equivalents
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		0	1
Other Consolidated VIEs | Accrued investment income
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		4	3
Other Consolidated VIEs | Other assets
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		0	3
Other Consolidated VIEs | Notes issued by consolidated VIEs
Variable Interest Entity [Line Items]
Total liabilities of consolidated VIEs		0	0
Other Consolidated VIEs | Other liabilities
Variable Interest Entity [Line Items]
Total liabilities of consolidated VIEs		13	$ 3
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Total assets of consolidated VIEs		$ 1,486
[1]	See Note 5 for details of balances associated with variable interest entities.

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Fair value of assets held within unconsolidated VIEs	$ 13,109,000,000	$ 5,262,000,000
Fair value of liabilities held within unconsolidated VIEs	$ 0	0
Notes issued by consolidated VIEs | Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Debt Instrument, Term (greater than)	5 years
Other long-term investments | Net unrealized investment gains (losses)—all other
Variable Interest Entity [Line Items]
Maximum exposure to loss resulting from investment in unconsolidated VIEs	$ 8,082,000,000	7,532,000,000
Other long-term investments | Variable Interest Entity, Not Primary Beneficiary | Other trading account assets | Available-for-sale | Fixed Maturities
Variable Interest Entity [Line Items]
Maximum exposure to loss resulting from investment in unconsolidated VIEs	$ 408,000,000	$ 218,000,000

Closed Block (Narrative) (Detai

Closed Block (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Closed Block [Line Items]
Closed Block Liabilities, Policyholder Dividend Obligation	$ 6,367	$ 4,509
Excess Of Actual Cumulative Earnings Over Expected Cumulative Earnings
Closed Block [Line Items]
Closed Block Liabilities, Policyholder Dividend Obligation	1,572	1,694
Accumulated Net Unrealized Investment Gains That Have Arisen Subsequent To Establishment Of Closed Block
Closed Block [Line Items]
Closed Block Liabilities, Policyholder Dividend Obligation	$ 4,795	$ 2,815

Closed Block (Closed Block Liab

Closed Block (Closed Block Liabilities and Assets Designated to Closed Block; Maximum Future Earnings to be Recognized) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Closed Block liabilities
Future policy benefits	$ 49,282	$ 49,538
Policyholders’ dividends payable	986	945
Policyholders’ dividend obligation	6,367	4,509
Policyholders’ account balances	5,213	5,250
Other Closed Block liabilities	3,861	4,171
Total Closed Block liabilities	65,709	64,413
Closed Block assets
Fixed maturities, available-for-sale, at fair value	40,092	37,584
Other trading account assets, at fair value	296	288
Equity securities, available-for-sale, at fair value	2,458	2,726
Commercial mortgage and other loans	9,650	9,770
Policy loans	4,696	4,790
Other long-term investments	3,036	2,921
Short-term investments	680	1,467
Total investments	60,908	59,546
Cash and cash equivalents	990	1,036
Accrued investment income	520	506
Other Closed Block assets	456	458
Total Closed Block assets	62,874	61,546
Excess of reported Closed Block liabilities over Closed Block assets	2,835	2,867
Portion of above representing accumulated other comprehensive income:
Net unrealized investment gains (losses)	4,777	2,800
Allocated to policyholder dividend obligation	(4,795)	(2,815)
Future earnings to be recognized from Closed Block assets and Closed Block liabilities	$ 2,817	$ 2,852

Closed Block (Information Regar

Closed Block (Information Regarding Policyholder Dividend Obligation) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)
Movement in Closed Block Dividend Obligation [Roll Forward]
Balance, beginning	$ 4,509
Impact from earnings allocable to policyholder dividend obligation	(124)
Change in net unrealized investment gains (losses) allocated to policyholder dividend obligation	1,982
Balance, ending	$ 6,367

Closed Block (Closed Block Reve

Closed Block (Closed Block Revenues and Benefits and Expenses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues
Premiums	$ 599	$ 611	$ 1,913	$ 1,946
Net investment income	707	674	1,968	2,025
Realized investment gains (losses), net	152	94	259	633
Other income (loss)	27	(8)	29	13
Total Closed Block revenues	1,485	1,371	4,169	4,617
Benefits and Expenses
Policyholders’ benefits	758	760	2,423	2,476
Interest credited to policyholders’ account balances	34	34	101	101
Dividends to policyholders	550	350	1,372	1,537
General and administrative expenses	100	106	303	321
Total Closed Block benefits and expenses	1,442	1,250	4,199	4,435
Closed Block revenues, net of Closed Block benefits and expenses, before income taxes and discontinued operations	43	121	(30)	182
Income tax expense (benefit)	30	110	(65)	149
Closed Block revenues, net of Closed Block benefits and expenses and income taxes, before discontinued operations	13	11	35	33
Income (loss) from discontinued operations, net of taxes	0	0	0	0
Closed Block revenues, net of Closed Block benefits and expenses, income taxes and discontinued operations	$ 13	$ 11	$ 35	$ 33

Equity (Common Stock Changes in

Equity (Common Stock Changes in Number of Shares Issued, Held in Treasury and Outstanding) (Details)	9 Months Ended
	Sep. 30, 2016shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning	660,111,339
Balance, ending	660,111,339
Common Stock Issued
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning	660,100,000
Common Stock issued	0
Common Stock acquired	0
Stock-based compensation programs	0
Balance, ending	660,100,000
Common Stock Held In Treasury
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning	213,000,000
Common Stock issued	0
Common Stock acquired	18,500,000
Stock-based compensation programs	(3,100,000)
Balance, ending	228,400,000
Common Stock Outstanding
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning	447,100,000
Common Stock issued	0
Common Stock acquired	(18,500,000)
Stock-based compensation programs	3,100,000
Balance, ending	431,700,000

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) shares in Millions	Aug. 05, 2016	Jan. 02, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Jun. 30, 2015	Dec. 01, 2014
Class of Stock [Line Items]
Cost of Treasury Stock Acquired			$ 1,339,000,000	$ 744,000,000
Class B Stock Held in Treasury
Class of Stock [Line Items]
Class B Stock held in treasury, at cost			770,000,000				$ 651,000,000
Class B Stock Held in Treasury | Retained Earnings
Class of Stock [Line Items]
Stockholders' Equity, Period Increase (Decrease)		$ (484,000,000)	$ (119,000,000)
Class B Stock Held in Treasury | Additional Paid-in Capital
Class of Stock [Line Items]
Stockholders' Equity, Period Increase (Decrease)		$ (167,000,000)
Under December 2015 Board Of Directors Authorization
Class of Stock [Line Items]
Amount of Stock Repurchases Authorized by the Board of Directors					$ 1,500,000,000
Under June 2015 Board Of Directors Authorization
Class of Stock [Line Items]
Amount of Stock Repurchases Authorized by the Board of Directors						$ 1,000,000,000
Under August 2016 Board of Director Authorization
Class of Stock [Line Items]
Amount of Stock Repurchases Authorized by the Board of Directors	$ 2,000,000,000
Stock Repurchase Program, Increase (Decrease) In Authorized Amount	$ 500,000,000
Under August 2016 Board of Director Authorization | Common Stock
Class of Stock [Line Items]
Number of Treasury Stock Shares Acquired			18.5
Cost of Treasury Stock Acquired			$ 1,375,000,000

Equity (Balance of and Changes

Equity (Balance of and Changes in Each Component of "AOCI Attributable to Prudential Financial, Inc.") (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning			$ 12,285
Income tax benefit (expense)	$ 240	$ (68)	(6,051)	$ 1,501
Balance, ending	24,925		24,925
Accumulated Net Unrealized Investment Gain (Loss), Cash Flow Hedges	1,093	1,017	1,093	1,017	$ 1,165	$ 206
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning			(1,087)	(975)
Change in OCI before reclassifications			1,921	(203)
Amounts reclassified from AOCI			11	5
Income tax benefit (expense)			(375)	86
Balance, ending	470	(1,087)	470	(1,087)
Net Unrealized Investment Gains (Losses)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning			15,773	19,251
Change in OCI before reclassifications			17,851	(2,386)
Amounts reclassified from AOCI			(1,209)	(1,657)
Income tax benefit (expense)			(5,635)	1,469
Balance, ending	26,780	16,677	26,780	16,677
Pension and Postretirement Unrecognized Net Periodic Benefit (Cost)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning			(2,401)	(2,226)
Change in OCI before reclassifications			(44)	8
Amounts reclassified from AOCI			161	145
Income tax benefit (expense)			(41)	(54)
Balance, ending	(2,325)	(2,127)	(2,325)	(2,127)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning			12,285	16,050
Change in OCI before reclassifications			19,728	(2,581)
Amounts reclassified from AOCI			(1,037)	(1,507)
Income tax benefit (expense)			(6,051)	1,501
Balance, ending	$ 24,925	$ 13,463	$ 24,925	$ 13,463

Equity (Reclassifications out o

Equity (Reclassifications out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Realized investment gains (losses), net	$ 813	$ 1,700	$ 4,127	$ 4,190
Foreign Currency Translation Adjustment
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI			11	5
Net Unrealized Investment Gains (Losses)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI			(1,209)	(1,657)
Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI			(1,037)	(1,507)
Amounts reclassified from AOCI
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI	(54)	(49)	(161)	(145)
Amortization of defined benefit pension items:
Prior service cost	2	3	6	10
Actuarial gain (loss)	(56)	(52)	(167)	(155)
Amounts reclassified from AOCI | Cash flow hedges—Interest Rate
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Realized investment gains (losses), net	(1)	(2)	(4)	(5)
Amounts reclassified from AOCI | Cash flow hedges—Currency/Interest rate
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Realized investment gains (losses), net	83	85	265	147
Amounts reclassified from AOCI | Available-for-sale
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Realized investment gains (losses), net	489	327	948	1,515
Amounts reclassified from AOCI | Foreign Currency Translation Adjustment
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI	(3)	(4)	(11)	(5)
Realized investment gains (losses), net	(3)	(4)	(11)	(5)
Amounts reclassified from AOCI | Net Unrealized Investment Gains (Losses)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI	571	410	1,209	1,657
Amounts reclassified from AOCI | Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from AOCI	$ 514	$ 357	$ 1,037	$ 1,507

Equity (Net Unrealized Investme

Equity (Net Unrealized Investment Gains and Losses on Fixed Maturity Securities on which an OTTI loss) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	$ 12,285
Balance, ending	24,925
Fixed maturity securities on which an OTTI loss has been recognized | Net Unrealized Gains (Losses) on Investments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	234
Net investment gains (losses) on investments arising during the period	107
Reclassification adjustment for (gains) losses included in net income	1
Reclassification adjustment for OTTI losses excluded from net income	(11)
Balance, ending	331
Fixed maturity securities on which an OTTI loss has been recognized | DAC, DSI and VOBA
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	6
Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA	(9)
Balance, ending	(3)
Fixed maturity securities on which an OTTI loss has been recognized | Future Policy Benefits and Policyholders’ Account Balances
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	14
Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances	(26)
Balance, ending	(12)
Fixed maturity securities on which an OTTI loss has been recognized | Policyholders’ Dividends
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	(31)
Impact of net unrealized investment (gains) losses on policyholders’ dividends	(9)
Balance, ending	(40)
Fixed maturity securities on which an OTTI loss has been recognized | Deferred Income Tax (Liability) Benefit
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	(77)
Net investment gains (losses) on investments arising during the period	(36)
Reclassification adjustment for (gains) losses included in net income	0
Reclassification adjustment for OTTI losses excluded from net income	4
Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA	3
Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances	7
Impact of net unrealized investment (gains) losses on policyholders’ dividends	3
Balance, ending	(96)
Fixed maturity securities on which an OTTI loss has been recognized | Accumulated Other Comprehensive Income (Loss) Related To Net Unrealized Investment Gains (Losses)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	146
Net investment gains (losses) on investments arising during the period	71
Reclassification adjustment for (gains) losses included in net income	1
Reclassification adjustment for OTTI losses excluded from net income	(7)
Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA	(6)
Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances	(19)
Impact of net unrealized investment (gains) losses on policyholders’ dividends	(6)
Balance, ending	$ 180

Equity (All Other Net Unrealize

Equity (All Other Net Unrealized Investment Gains and Losses in AOCI) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	$ 12,285
Balance, ending	24,925
Other Net Unrealized Investment Gains and Losses | Net Unrealized Gains (Losses) on Investments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	28,240
Net investment gains (losses) on investments arising during the period	21,764
Reclassification adjustment for (gains) losses included in net income	(1,210)
Reclassification adjustment for OTTI losses excluded from net income	11
Balance, ending	48,805
Other Net Unrealized Investment Gains and Losses | DAC, DSI and VOBA
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	(760)
Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA	(1,343)
Balance, ending	(2,103)
Other Net Unrealized Investment Gains and Losses | Future Policy Benefits and Policyholders’ Account Balances
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	(1,082)
Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances	(650)
Balance, ending	(1,732)
Other Net Unrealized Investment Gains and Losses | Policyholders’ Dividends
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	(2,802)
Impact of net unrealized investment (gains) losses on policyholders’ dividends	(1,983)
Balance, ending	(4,785)
Other Net Unrealized Investment Gains and Losses | Deferred Income Tax (Liability) Benefit
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	(7,969)
Net investment gains (losses) on investments arising during the period	(7,332)
Reclassification adjustment for (gains) losses included in net income	408
Reclassification adjustment for OTTI losses excluded from net income	(4)
Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA	434
Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances	185
Impact of net unrealized investment (gains) losses on policyholders’ dividends	693
Balance, ending	(13,585)
Other Net Unrealized Investment Gains and Losses | Accumulated Other Comprehensive Income (Loss) Related To Net Unrealized Investment Gains (Losses)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance, beginning	15,627
Net investment gains (losses) on investments arising during the period	14,432
Reclassification adjustment for (gains) losses included in net income	(802)
Reclassification adjustment for OTTI losses excluded from net income	7
Impact of net unrealized investment (gains) losses on DAC, DSI and VOBA	(909)
Impact of net unrealized investment (gains) losses on future policy benefits and policyholders’ account balances	(465)
Impact of net unrealized investment (gains) losses on policyholders’ dividends	(1,290)
Balance, ending	$ 26,600

Earnings Per Share (Reconciliat

Earnings Per Share (Reconciliation of the Numerators and Denominators of the Basic and Diluted Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income
Less: Income (loss) attributable to noncontrolling interests	$ (5)	$ (2)	$ (42)	$ (65)
Basic earnings per share
Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock (in dollars per share)	$ 4.14	$ 3.22	$ 9.16	$ 10.74
Diluted earnings per share
Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock (in dollars per share)	$ 4.07	$ 3.16	$ 9.02	$ 10.56
Common Stock
Income
Income (loss) from continuing operations	$ 1,832	$ 1,467	$ 4,126	$ 4,972
Less: Income (loss) attributable to noncontrolling interests	5	2	42	65
Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards	21	14	47	48
Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock	1,806	1,451	4,037	4,859
Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic	21	14	47	48
Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted	21	15	46	48
Exchangeable Surplus Notes	4	4	13	13
Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock	$ 1,810	$ 1,454	$ 4,051	$ 4,872
Weighted Average Shares
Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock (in shares)	435.9	451	440.7	452.6
Stock options (in shares)	1.9	2.3	1.7	2.4
Deferred and long-term compensation programs (in shares)	0.9	0.9	0.9	0.9
Exchangeable Surplus Notes (in shares)	5.6	5.5	5.6	5.5
Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock (in shares)	444.3	459.7	448.9	461.4
Basic earnings per share
Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock (in dollars per share)	$ 4.14	$ 3.22	$ 9.16	$ 10.74
Diluted earnings per share
Income (loss) from continuing operations attributable to Prudential Financial available to holders of Common Stock (in dollars per share)	$ 4.07	$ 3.16	$ 9.02	$ 10.56

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) $ / shares in Units, shares in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Sep. 30, 2009USD ($)$ / shares	Sep. 30, 2016shares	Sep. 30, 2015shares	Sep. 30, 2016shares	Sep. 30, 2015shares
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Undistributed earnings allocated to participating unvested share-based payment awards, weighted outstanding shares | shares		5	4.4	5.1	4.5
Exhangeable Surplus Notes
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Long Term Debt Gross Of Set Off Arrangements	$ 500,000,000
Interest Rate	5.36%
Debt Instrument Convertible Exchange Ratio per $1,000 (in shares)	10.1235
Surplus notes principle amount	$ 1,000
Initial exchange price per share of Common Stock (in dollars per share) | $ / shares	$ 98.78

Earnings Per Share (Antidilutiv

Earnings Per Share (Antidilutive Securities Excluded From the Computation of Diluted Earnings Per Share) (Details) - $ / shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Weighted average shares of antidilutive security excluded from computation of diluted earnings per share (in shares)	3.3	2.5	3.6	2.4
Employee And Non Employee Stock Option | Treasury Stock Method
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Weighted average shares of antidilutive security excluded from computation of diluted earnings per share (in shares)	3.3	2.5	3.6	2.4
Weighted average exercise price of options excluded from computation of diluted earnings per share (in dollars per share)	$ 85.22	$ 88	$ 83.95	$ 87.95
Employee And Non Employee Stock Option | Loss From Continuing Operation Available To Holders Of Common Stock After Direct Equity Adjustment
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Weighted average shares of antidilutive security excluded from computation of diluted earnings per share (in shares)	0	0	0	0
Employee And Non Employee Restricted Stock Shares Restricted Stock Units Performance Shares And Performance Units | Loss From Continuing Operation Available To Holders Of Common Stock After Direct Equity Adjustment
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Weighted average shares of antidilutive security excluded from computation of diluted earnings per share (in shares)	0	0	0	0

Short-Term and Long-Term Debt73

Short-Term and Long-Term Debt (Short-Term Debt) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Short-term debt	$ 907	$ 1,216
Portion of commercial paper borrowings due overnight	178	331
Daily average commercial paper outstanding	$ 1,015	$ 1,127
Weighted average maturity of outstanding commercial paper, in days	20 days	10 days
Weighted average interest rate on outstanding short-term debt	0.40%	0.16%
Prudential Financial
Short-term Debt [Line Items]
Short-term debt	$ 154	$ 831
Commercial paper
Short-term Debt [Line Items]
Short-term debt	475	464
Commercial paper | Prudential Financial
Short-term Debt [Line Items]
Short-term debt	45	80
Commercial paper | Prudential Funding, LLC
Short-term Debt [Line Items]
Short-term debt	430	384
Current portion of long-term debt
Short-term Debt [Line Items]
Short-term debt	$ 432	$ 752

Short-Term and Long-Term Debt74

Short-Term and Long-Term Debt (Narrative) (Details)	1 Months Ended	3 Months Ended		9 Months Ended
	Nov. 30, 2013USD ($)	Sep. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2016JPY (¥)
Line of Credit and Other Credit Facilities
Debt Instrument [Line Items]
Minimum statutory consolidated net worth (at least)		$ 18,985,000,000		$ 18,985,000,000
Put Option
Debt Instrument [Line Items]
Derivative, term of contract	10 years
Put Option Premium		1.777%		1.777%	1.777%
Derivative, Time To Cure	30 days
Minimum Equity Less AOCI For Automatic Exercise		$ 7,000,000,000		$ 7,000,000,000
Medium Term Note
Debt Instrument [Line Items]
Maturities of Senior Debt				750,000,000
Payments of Debt Extinguishment Cost		36,000,000
Debt Instrument, Repurchased Face Amount		500,000,000		500,000,000
Increase (decrease) in outstanding debt				(1,300,000,000)
Long-term Debt		9,600,000,000		9,600,000,000
Debt Instrument Authorized		20,000,000,000		20,000,000,000
Retail Medium Term Note
Debt Instrument [Line Items]
Debt Instrument Authorized		5,000,000,000		5,000,000,000
Long-term Debt, Gross		$ 461,000,000		$ 461,000,000
Federal Home Loan Bank of New York
Debt Instrument [Line Items]
Purchase requirement of FHLBNY activity based stock in percent of the outstanding borrowings		4.50%		4.50%	4.50%
Debt Instrument, Term Upon Certain Events				90 days
Maximum amount of qualifying assets, percentage collateral to the FHLBNY, prior year-end statutory net admitted assets exclusive of separate account assets		5.00%		5.00%	5.00%
Maximum amount of pledged asset		$ 5,800,000,000		$ 5,800,000,000
Estimated maximum borrowing capacity, after taking into account applicable required collateralization levels and required purchases of activity based stock		5,000,000,000		5,000,000,000
Pledged qualifying assets with a fair value		1,100,000,000		1,100,000,000
Collateralized agreements		1,000,000,000		1,000,000,000
Assets not pledged fair value		6,700,000,000		6,700,000,000
Federal Home Loan Bank of Boston
Debt Instrument [Line Items]
Estimated maximum borrowing capacity, after taking into account applicable required collateralization levels and required purchases of activity based stock		$ 244,000,000		$ 244,000,000
Minimum purchase requirement of activity based stock in percent of the outstanding borrowings		3.00%		3.00%	3.00%
Maximum purchase requirement of activity based stock in percent of the outstanding borrowings		4.50%		4.50%	4.50%
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Amount of Advances		$ 0		$ 0
Prudential Financial and Prudential Funding
Debt Instrument [Line Items]
Capacity		4,000,000,000		$ 4,000,000,000
Original Term				5 years
Prudential Holdings of Japan, Inc.
Debt Instrument [Line Items]
Capacity | ¥					¥ 100,000,000,000
Original Term				3 years
Line of Credit Facility, option to extend term				2 years
Prudential Financial
Debt Instrument [Line Items]
Commercial paper authorized capacity		3,000,000,000		$ 3,000,000,000
Prudential Funding, LLC
Debt Instrument [Line Items]
Commercial paper authorized capacity		7,000,000,000		7,000,000,000
Trust | Private Placement
Debt Instrument [Line Items]
Issued amount	$ 1,500,000,000
Interest rate percent	4.419%
Captive Reinsurance Subsidiary | Fixed Rate Debt Surplus Notes | Guideline AXXX
Debt Instrument [Line Items]
Increase (decrease) in outstanding debt		175,000,000	$ 140,000,000
Long-term Debt		2,400,000,000		2,400,000,000
Captive Reinsurance Subsidiary | Floating Rate Debt Surplus Notes | Regulation XXX
Debt Instrument [Line Items]
Increase (decrease) in outstanding debt		77,000,000
Long-term Debt		1,100,000,000		1,100,000,000
Real Estate subsidiaries
Debt Instrument [Line Items]
Increase (decrease) in outstanding debt				98,000,000
Long-term Debt, Gross		$ 662,000,000		$ 662,000,000

Short-Term and Long-Term Debt75

Short-Term and Long-Term Debt (Credit Facilities) (Details) - 9 months ended Sep. 30, 2016	USD ($)	JPY (¥)	JPY (¥)
Prudential Financial and Prudential Funding
CreditFacility [Line Items]
Original Term	5 years	5 years
Capacity | $	$ 4,000,000,000
Amount Outstanding | $	$ 0
Prudential Holdings of Japan, Inc.
CreditFacility [Line Items]
Original Term	3 years	3 years
Capacity | ¥			¥ 100,000,000,000
Amount Outstanding | ¥		¥ 0

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)year
Other Postretirement Benefits | Minimum
Defined Benefit Plan Disclosure [Line Items]
Deferred Compensation Arrangement with Individual, Requisite Age | year	50
Deferred Compensation Arrangement with Individual, Requisite Service Period	10 years
Other Postretirement Benefits | Maximum
Defined Benefit Plan Disclosure [Line Items]
Deferred Compensation Arrangement with Individual, Requisite Age | year	55
Deferred Compensation Arrangement with Individual, Requisite Service Period	20 years
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Contributions by Employer | $	$ 150
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year | $	$ 35

Employee Benefit Plans (Compone

Employee Benefit Plans (Components of Net Periodic Benefit Cost Included in General and Administrative Expenses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 64	$ 61	$ 189	$ 183
Interest cost	125	118	374	352
Expected return on plan assets	(189)	(194)	(566)	(581)
Amortization of prior service cost	(2)	(2)	(5)	(6)
Amortization of actuarial (gain) loss, net	46	42	136	126
Settlements	1	1	3	2
Special termination benefits	0	0	2	4
Net periodic (benefit) cost	45	26	133	80
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	5	5	14	15
Interest cost	22	21	68	64
Expected return on plan assets	(26)	(29)	(79)	(86)
Amortization of prior service cost	0	(1)	(1)	(4)
Amortization of actuarial (gain) loss, net	10	10	31	29
Settlements	0	0	0	0
Special termination benefits	0	0	0	0
Net periodic (benefit) cost	$ 11	$ 6	$ 33	$ 18

Segment Information (Narrative)

Segment Information (Narrative) (Details) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)divisionsegment	Sep. 30, 2015USD ($)
Segment Reporting [Abstract]
Number of divisions | division				4
Number of reportable segments | segment				7
Segment Reporting Information [Line Items]
Total deferred gain (loss)	$ 169			$ 169
Synthetic Gic Fees	40		$ 40	118	$ 119
Segment Reconciling Items
Segment Reporting Information [Line Items]
Derivative, Gain (Loss) on Derivative, Net, Terminated Or Offset Before Maturity	$ 12		$ 14	36	$ 40
Income From Continuing Operations Before Income Taxes And Equity In Earnings Of Operating Joint Ventures [Member]
Segment Reporting Information [Line Items]
Out of Period Adjustment Increase/Benefit (Decrease/Charge)		$ (148)		(148)
Individual Life
Segment Reporting Information [Line Items]
Out of Period Adjustment Increase/Benefit (Decrease/Charge)				$ (148)

Segment Information (Operating

Segment Information (Operating Income of Reportable Segments) (Reconciling Items) (Details) - Segment Reconciling Items - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Terminated hedges of foreign currency earnings	$ (10)	$ 74	$ 33	$ 234
Current period yield adjustments	107	121	347	369
Principal source of earnings	17	48	44	96
Other trading account assets	16	(86)	(40)	(118)
Foreign currency exchange movements	(314)	(127)	(852)	31
Other activities	$ (8)	$ 4	$ (12)	$ 5

Segment Information (Operatin80

Segment Information (Operating Income of Reportable Segments) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	$ 16,961	$ 13,599	$ 45,729	$ 42,863
Total Assets	819,865		819,865		$ 757,255
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	2,315	2,049	5,388	6,926
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	15,050	11,078	38,154	35,385
Total Assets	756,400		756,400		695,128
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	1,558	1,463	3,940	5,049
Operating Segments | Total U.S. Retirement Solutions and Investment Management division
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	7,105	3,808	14,929	13,362
Total Assets	406,814		406,814		395,121
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	1,018	732	2,600	2,731
Operating Segments | Total U.S. Retirement Solutions and Investment Management division | Individual Annuities
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	1,221	1,167	3,473	3,554
Total Assets	177,946		177,946		169,447
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	588	310	1,343	1,387
Operating Segments | Total U.S. Retirement Solutions and Investment Management division | Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	5,134	1,937	9,268	7,595
Total Assets	177,765		177,765		171,183
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	239	242	694	763
Operating Segments | Total U.S. Retirement Solutions and Investment Management division | Asset Management
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	750	704	2,188	2,213
Total Assets	51,103		51,103		54,491
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	191	180	563	581
Operating Segments | Total U.S. Individual Life and Group Insurance division
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	2,743	2,669	7,948	7,748
Total Assets	121,202		121,202		111,200
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	173	227	118	685
Operating Segments | Total U.S. Individual Life and Group Insurance division | Individual Life
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	1,410	1,375	3,931	3,886
Total Assets	79,296		79,296		71,856
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	111	183	(59)	536
Operating Segments | Total U.S. Individual Life and Group Insurance division | Group Insurance
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	1,333	1,294	4,017	3,862
Total Assets	41,906		41,906		39,344
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	62	44	177	149
Operating Segments | Total International Insurance division
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	5,384	4,750	15,771	14,693
Total Assets	215,930		215,930		175,153
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	780	812	2,362	2,488
Operating Segments | Total International Insurance division | International Insurance
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	5,384	4,750	15,771	14,693
Total Assets	215,930		215,930		175,153
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	780	812	2,362	2,488
Operating Segments | Total Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	(182)	(149)	(494)	(418)
Total Assets	12,454		12,454		13,654
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	(413)	(308)	(1,140)	(855)
Operating Segments | Total Corporate and Other | Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	(182)	(149)	(494)	(418)
Total Assets	12,454		12,454		13,654
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	(413)	(308)	(1,140)	(855)
Segment Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Realized investment gains (losses), net, and related adjustments	223	1,117	2,443	2,719
Charges related to realized investments gains (losses), net	426	(679)	(1,096)	(944)
Investment gains (losses) on trading account assets supporting insurance liabilities, net	37	(228)	361	(365)
Change in experience-rated contractholder liabilities due to asset value changes	1	258	(262)	295
Equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests	(17)	2	0	60
Segment Reconciling Items | Closed Block division
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	1,481	1,368	4,156	4,612
Total Assets	63,465		63,465		$ 62,127
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	31	108	(74)	138
Segment Reconciling Items | Other divested businesses
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	209	190	602	523
Consolidated income (loss) from continuing operations before income taxes and equity in earnings of operating joint ventures	$ 56	$ 8	$ 76	$ (26)

Segment Information (Certain Fi

Segment Information (Certain Financial Information for the Reportable Segments) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Revenues	$ 16,961	$ 13,599	$ 45,729	$ 42,863
Total Assets	819,865		819,865		$ 757,255
Operating Segments
Segment Reporting Information [Line Items]
Revenues	15,050	11,078	38,154	35,385
Total Assets	756,400		756,400		695,128
Operating Segments | Total U.S. Retirement Solutions and Investment Management division
Segment Reporting Information [Line Items]
Revenues	7,105	3,808	14,929	13,362
Total Assets	406,814		406,814		395,121
Operating Segments | Total U.S. Retirement Solutions and Investment Management division | Individual Annuities
Segment Reporting Information [Line Items]
Revenues	1,221	1,167	3,473	3,554
Total Assets	177,946		177,946		169,447
Operating Segments | Total U.S. Retirement Solutions and Investment Management division | Retirement
Segment Reporting Information [Line Items]
Revenues	5,134	1,937	9,268	7,595
Total Assets	177,765		177,765		171,183
Operating Segments | Total U.S. Retirement Solutions and Investment Management division | Asset Management
Segment Reporting Information [Line Items]
Revenues	750	704	2,188	2,213
Total Assets	51,103		51,103		54,491
Operating Segments | Total U.S. Individual Life and Group Insurance division
Segment Reporting Information [Line Items]
Revenues	2,743	2,669	7,948	7,748
Total Assets	121,202		121,202		111,200
Operating Segments | Total U.S. Individual Life and Group Insurance division | Individual Life
Segment Reporting Information [Line Items]
Revenues	1,410	1,375	3,931	3,886
Total Assets	79,296		79,296		71,856
Operating Segments | Total U.S. Individual Life and Group Insurance division | Group Insurance
Segment Reporting Information [Line Items]
Revenues	1,333	1,294	4,017	3,862
Total Assets	41,906		41,906		39,344
Operating Segments | Total International Insurance division
Segment Reporting Information [Line Items]
Revenues	5,384	4,750	15,771	14,693
Total Assets	215,930		215,930		175,153
Operating Segments | Total International Insurance division | International Insurance
Segment Reporting Information [Line Items]
Revenues	5,384	4,750	15,771	14,693
Total Assets	215,930		215,930		175,153
Operating Segments | Total Corporate and Other
Segment Reporting Information [Line Items]
Revenues	(182)	(149)	(494)	(418)
Total Assets	12,454		12,454		13,654
Operating Segments | Total Corporate and Other | Corporate and Other
Segment Reporting Information [Line Items]
Revenues	(182)	(149)	(494)	(418)
Total Assets	12,454		12,454		13,654
Segment Reconciling Items
Segment Reporting Information [Line Items]
Realized investment gains (losses), net, and related adjustments, Revenues	223	1,117	2,443	2,719
Charges related to realized investment gains (losses), net, Revenues	(19)	72	57	(7)
Investment gains (losses) on trading account assets supporting insurance liabilities, net, Revenues	37	(228)	361	(365)
Equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests, Revenues	(20)	2	(44)	(4)
Segment Reconciling Items | Closed Block division
Segment Reporting Information [Line Items]
Revenues	1,481	1,368	4,156	4,612
Total Assets	63,465		63,465		$ 62,127
Segment Reconciling Items | Other divested businesses
Segment Reporting Information [Line Items]
Revenues	209	190	602	523
Intersegment Eliminations | Total U.S. Retirement Solutions and Investment Management division | Asset Management
Segment Reporting Information [Line Items]
Revenues	$ 173	$ 159	$ 504	$ 506

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Deductions, Dividends	35.00%

Fair Value of Assets and Liab83

Fair Value of Assets and Liabilities (Balances of Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:	[1]	$ 343,244	$ 290,323
Equity securities, available-for-sale		9,765	9,274
Commercial mortgage and other loans	[1]	52,273	50,559
Other long-term investments	[1]	11,346	9,986
Short-term investments		5,254	8,105
Other assets	[1],[2]	15,403	14,225
Separate account assets		291,550	285,570
TOTAL ASSETS		819,865	757,255
Future policy benefits		252,228	224,384
Total liabilities		762,891	715,332
Netting		19,028	11,457
Embedded Derivative, Fair Value Of Embedded Derivative Gross Liability		13,000	8,400
Gross Asset Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Embedded Derivative, Fair Value Of Embedded Derivative Gross Asset		1,000	700
Gross Liability Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Embedded Derivative, Fair Value Of Embedded Derivative Gross Liability		14,000	9,100
U.S. corporate private securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Under Set Off Arrangements		1,127	1,039
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		343,244	290,323
Trading accounts assets		29,387	34,980
Equity securities, available-for-sale		9,765	9,274
Commercial mortgage and other loans		572	274
Other long-term investments		103	182
Short-term investments		4,928	7,487
Cash equivalents		18,812	14,208
Other assets		68	16
Subtotal excluding separate account assets		406,879	356,744
Separate account assets		265,915	259,909
TOTAL ASSETS		672,794	616,653
Future policy benefits		13,024	8,434
Other liabilities		492	33
Notes issued by consolidated VIEs		2,722	8,597
Total liabilities		16,238	17,064
Assets Netting		(19,028)	(11,457)
Liabilities Netting		(7,962)	(5,276)
Netting		11,066	6,181
Fair Value, Measurements, Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Netting		(19,011)	(11,447)
Fair Value, Measurements, Recurring | Other long-term investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Netting		(17)	(10)
Fair Value, Measurements, Recurring | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities Netting		(7,962)	(5,276)
Fair Value, Measurements, Recurring | U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		25,725	18,517
Trading account assets, debt		378	288
Fair Value, Measurements, Recurring | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		9,867	8,795
Trading account assets, debt		208	189
Fair Value, Measurements, Recurring | Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		108,400	83,713
Trading account assets, debt		829	731
Fair Value, Measurements, Recurring | U.S. corporate public securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		87,616	75,368
Fair Value, Measurements, Recurring | U.S. corporate private securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		32,468	30,444
Fair Value, Measurements, Recurring | Foreign Corporate Public Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		30,649	28,554
Fair Value, Measurements, Recurring | Foreign Corporate Private Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		20,995	19,138
Fair Value, Measurements, Recurring | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets, debt		18,122	23,328
Fair Value, Measurements, Recurring | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		10,375	10,226
Trading account assets, debt		1,388	1,345
Fair Value, Measurements, Recurring | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		12,501	10,462
Trading account assets, debt		1,961	1,873
Fair Value, Measurements, Recurring | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		4,648	5,106
Trading account assets, debt		1,326	1,513
Fair Value, Measurements, Recurring | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities, equity		2,295	2,352
Fair Value, Measurements, Recurring | All other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets, all other		2,880	3,361
Fair Value, Measurements, Recurring | All other | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Netting		(19,011)	(11,447)
Fair Value, Measurements, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Trading accounts assets		1,817	2,172
Equity securities, available-for-sale		6,056	6,011
Commercial mortgage and other loans		0	0
Other long-term investments		6	13
Short-term investments		3,485	6,776
Cash equivalents		5,237	4,834
Other assets		0	0
Subtotal excluding separate account assets		16,601	19,806
Separate account assets		38,262	43,076
TOTAL ASSETS		54,863	62,882
Future policy benefits		0	0
Other liabilities		95	1
Notes issued by consolidated VIEs		0	0
Total liabilities		95	1
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Trading account assets, debt		0	0
Fair Value, Measurements, Recurring | Level 1 | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Trading account assets, debt		0	0
Fair Value, Measurements, Recurring | Level 1 | Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Trading account assets, debt		0	0
Fair Value, Measurements, Recurring | Level 1 | U.S. corporate public securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Fair Value, Measurements, Recurring | Level 1 | U.S. corporate private securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Fair Value, Measurements, Recurring | Level 1 | Foreign Corporate Public Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Fair Value, Measurements, Recurring | Level 1 | Foreign Corporate Private Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Fair Value, Measurements, Recurring | Level 1 | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets, debt		0	0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Trading account assets, debt		0	0
Fair Value, Measurements, Recurring | Level 1 | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Trading account assets, debt		0	0
Fair Value, Measurements, Recurring | Level 1 | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Trading account assets, debt		0	0
Fair Value, Measurements, Recurring | Level 1 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities, equity		1,513	1,542
Fair Value, Measurements, Recurring | Level 1 | All other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets, all other		304	630
Fair Value, Measurements, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		337,319	284,703
Trading accounts assets		45,519	42,821
Equity securities, available-for-sale		3,411	2,997
Commercial mortgage and other loans		572	274
Other long-term investments		100	130
Short-term investments		1,442	711
Cash equivalents		13,575	9,374
Other assets		4	9
Subtotal excluding separate account assets		401,942	341,019
Separate account assets		225,680	214,838
TOTAL ASSETS		627,622	555,857
Future policy benefits		0	0
Other liabilities		8,340	5,306
Notes issued by consolidated VIEs		0	0
Total liabilities		8,340	5,306
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		25,725	18,517
Trading account assets, debt		378	288
Fair Value, Measurements, Recurring | Level 2 | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		9,862	8,789
Trading account assets, debt		208	189
Fair Value, Measurements, Recurring | Level 2 | Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		108,270	83,590
Trading account assets, debt		789	697
Fair Value, Measurements, Recurring | Level 2 | U.S. corporate public securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		87,388	75,163
Fair Value, Measurements, Recurring | Level 2 | U.S. corporate private securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		31,183	29,750
Fair Value, Measurements, Recurring | Level 2 | Foreign Corporate Public Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		30,507	28,510
Fair Value, Measurements, Recurring | Level 2 | Foreign Corporate Private Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		20,369	18,859
Fair Value, Measurements, Recurring | Level 2 | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets, debt		17,897	23,125
Fair Value, Measurements, Recurring | Level 2 | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		7,200	6,178
Trading account assets, debt		1,148	749
Fair Value, Measurements, Recurring | Level 2 | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		12,338	10,424
Trading account assets, debt		1,960	1,870
Fair Value, Measurements, Recurring | Level 2 | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		4,477	4,923
Trading account assets, debt		1,324	1,509
Fair Value, Measurements, Recurring | Level 2 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities, equity		230	221
Fair Value, Measurements, Recurring | Level 2 | All other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets, all other		21,585	14,173
Fair Value, Measurements, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		5,925	5,620
Trading accounts assets		1,062	1,434
Equity securities, available-for-sale		298	266
Commercial mortgage and other loans		0	0
Other long-term investments		14	49
Short-term investments		1	0
Cash equivalents		0	0
Other assets		64	7
Subtotal excluding separate account assets		7,364	7,376
Separate account assets		1,973	1,995
TOTAL ASSETS		9,337	9,371
Future policy benefits		13,024	8,434
Other liabilities		19	2
Notes issued by consolidated VIEs		2,722	8,597
Total liabilities		15,765	17,033
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury securities and obligations of U.S. government authorities and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		0	0
Trading account assets, debt		0	0
Fair Value, Measurements, Recurring | Level 3 | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		5	6
Trading account assets, debt		0	0
Fair Value, Measurements, Recurring | Level 3 | Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		130	123
Trading account assets, debt		40	34
Fair Value, Measurements, Recurring | Level 3 | U.S. corporate public securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		228	205
Fair Value, Measurements, Recurring | Level 3 | U.S. corporate private securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		1,285	694
Fair Value, Measurements, Recurring | Level 3 | Foreign Corporate Public Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		142	44
Fair Value, Measurements, Recurring | Level 3 | Foreign Corporate Private Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		626	279
Fair Value, Measurements, Recurring | Level 3 | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets, debt		225	203
Fair Value, Measurements, Recurring | Level 3 | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		3,175	4,048
Trading account assets, debt		240	596
Fair Value, Measurements, Recurring | Level 3 | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		163	38
Trading account assets, debt		1	3
Fair Value, Measurements, Recurring | Level 3 | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities, available-for-sale:		171	183
Trading account assets, debt		2	4
Fair Value, Measurements, Recurring | Level 3 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities, equity		552	589
Fair Value, Measurements, Recurring | Level 3 | All other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets, all other		$ 2	$ 5
[1]	See Note 5 for details of balances associated with variable interest entities.
[2]	Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-03. See Note 2 for additional information.

Fair Value of Assets and Liab84

Fair Value of Assets and Liabilities (Narrative) (Details) - USD ($)		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Fair Value Reporting [Line Items]
Fair Value Assets Level1 To Level2 Transfers		$ 15,000,000	$ 73,000,000	$ 81,000,000	$ 147,000,000
Fair Value Assets Level2 to Level1 Transfers		2,000,000	72,000,000	33,000,000	126,000,000
Total commercial mortgage and other loans	[1]	52,273,000,000		52,273,000,000		$ 50,559,000,000
Other long-term investments	[1]	11,346,000,000		11,346,000,000		9,986,000,000
Fair Value Option
Fair Value Reporting [Line Items]
Total commercial mortgage and other loans		572,000,000		572,000,000		274,000,000
Interest income recorded on certain commercial loans		3,000,000	2,000,000	7,000,000	7,000,000
Contractual principal amounts of commercial mortgage loans, for which the fair value option has been elected		561,000,000		561,000,000		270,000,000
Other long-term investments		1,500,000,000		1,500,000,000		1,322,000,000
Notes Of Consolidated Variable Interest Entities		2,722,000,000		2,722,000,000		8,597,000,000
Notes Of Vies Contractual Principle Amount		2,869,000,000		2,869,000,000		9,186,000,000
Interest Expense		24,000,000	$ 90,000,000	92,000,000	$ 244,000,000
Non Accrual Loans
Fair Value Reporting [Line Items]
Commercial mortgage and other loans		0
Contractual principal amounts of commercial mortgage loans, for which the fair value option has been elected		0		0
Fair Value, Measurements, Recurring
Fair Value Reporting [Line Items]
Total commercial mortgage and other loans		572,000,000		572,000,000		274,000,000
Other long-term investments		103,000,000		103,000,000		182,000,000
Level 2 | Fair Value, Measurements, Recurring
Fair Value Reporting [Line Items]
Total commercial mortgage and other loans		572,000,000		572,000,000		274,000,000
Other long-term investments		100,000,000		100,000,000		130,000,000
Level 3 | Fair Value, Measurements, Recurring
Fair Value Reporting [Line Items]
Total commercial mortgage and other loans		0		0		0
Other long-term investments		14,000,000		14,000,000		49,000,000
Level 3 | Internal | Fair Value, Measurements, Recurring
Fair Value Reporting [Line Items]
Other long-term investments		5,000,000		5,000,000		39,000,000
Level 3 | Internal | Fair Value, Measurements, Recurring | Separate Accounts Asset
Fair Value Reporting [Line Items]
Total commercial mortgage and other loans		1,012,000,000		$ 1,012,000,000		$ 960,000,000
Separate Accounts Commercial Mortgage Loan [Member] | Level 3 | Minimum | Discounted cash flow
Fair Value Reporting [Line Items]
Fair Value Inputs Credit Risk				1.30%		1.49%
Separate Accounts Commercial Mortgage Loan [Member] | Level 3 | Maximum | Discounted cash flow
Fair Value Reporting [Line Items]
Fair Value Inputs Credit Risk				3.01%		4.81%
Separate Accounts Commercial Mortgage Loan [Member] | Level 3 | Weighted Average | Discounted cash flow
Fair Value Reporting [Line Items]
Fair Value Inputs Credit Risk				1.46%		1.79%
Accounting Standards Update 2015-07 | Other long-term investments
Fair Value Reporting [Line Items]
Investments, Fair Value Disclosure		1,514,000,000		$ 1,514,000,000		$ 1,413,000,000
Accounting Standards Update 2015-07 | Other long-term investments | Scenario, Previously Reported | Level 2
Fair Value Reporting [Line Items]
Investments, Fair Value Disclosure						82,000,000
Accounting Standards Update 2015-07 | Other long-term investments | Scenario, Previously Reported | Level 3
Fair Value Reporting [Line Items]
Investments, Fair Value Disclosure						1,331,000,000
Accounting Standards Update 2015-07 | Separate Account Assets
Fair Value Reporting [Line Items]
Investments, Fair Value Disclosure		$ 25,635,000,000		$ 25,635,000,000		$ 25,661,000,000
[1]	See Note 5 for details of balances associated with variable interest entities.

Fair Value of Assets and Liab85

Fair Value of Assets and Liabilities (Level 3 by Pricing Source) (Details) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other long-term investments	[1]	$ 11,346	$ 9,986
Separate account assets		291,550	285,570
TOTAL ASSETS		819,865	757,255
Future policy benefits		252,228	224,384
Total liabilities		762,891	715,332
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other long-term investments		103	182
Subtotal excluding separate account assets		406,879	356,744
Separate account assets		265,915	259,909
TOTAL ASSETS		672,794	616,653
Future policy benefits		13,024	8,434
Other liabilities		492	33
Notes issued by consolidated VIEs		2,722	8,597
Total liabilities		16,238	17,064
Level 3 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities		850	855
Other long-term investments		14	49
Short-term investments		1
Other assets		66	12
Subtotal excluding separate account assets		7,364	7,376
Separate account assets		1,973	1,995
TOTAL ASSETS		9,337	9,371
Future policy benefits		13,024	8,434
Other liabilities		19	2
Notes issued by consolidated VIEs		2,722	8,597
Total liabilities		15,765	17,033
Level 3 | Fair Value, Measurements, Recurring | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		5	6
Level 3 | Fair Value, Measurements, Recurring | Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		170	157
Level 3 | Fair Value, Measurements, Recurring | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		2,506	1,425
Level 3 | Fair Value, Measurements, Recurring | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		3,415	4,644
Level 3 | Fair Value, Measurements, Recurring | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		164	41
Level 3 | Fair Value, Measurements, Recurring | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		173	187
Level 3 | Fair Value, Measurements, Recurring | Internal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities		121	63
Other long-term investments		5	39
Short-term investments		1
Other assets		66	12
Subtotal excluding separate account assets		2,436	1,396
Separate account assets		1,277	1,024
TOTAL ASSETS		3,713	2,420
Future policy benefits		13,024	8,434
Other liabilities		19	2
Notes issued by consolidated VIEs		0	0
Total liabilities		13,043	8,436
Level 3 | Fair Value, Measurements, Recurring | Internal | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		5	6
Level 3 | Fair Value, Measurements, Recurring | Internal | Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		0	0
Level 3 | Fair Value, Measurements, Recurring | Internal | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		2,040	1,085
Level 3 | Fair Value, Measurements, Recurring | Internal | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		159	149
Level 3 | Fair Value, Measurements, Recurring | Internal | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		14	5
Level 3 | Fair Value, Measurements, Recurring | Internal | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		25	37
Level 3 | Fair Value, Measurements, Recurring | External
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities		729	792
Other long-term investments		9	10
Short-term investments		0
Other assets		0	0
Subtotal excluding separate account assets		4,928	5,980
Separate account assets		696	971
TOTAL ASSETS		5,624	6,951
Future policy benefits		0	0
Other liabilities		0	0
Notes issued by consolidated VIEs		2,722	8,597
Total liabilities		2,722	8,597
Level 3 | Fair Value, Measurements, Recurring | External | Obligations of U.S. states and their political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		0	0
Level 3 | Fair Value, Measurements, Recurring | External | Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		170	157
Level 3 | Fair Value, Measurements, Recurring | External | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		466	340
Level 3 | Fair Value, Measurements, Recurring | External | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		3,256	4,495
Level 3 | Fair Value, Measurements, Recurring | External | Commercial mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		150	36
Level 3 | Fair Value, Measurements, Recurring | External | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities		$ 148	$ 150
[1]	See Note 5 for details of balances associated with variable interest entities.

Fair Value of Assets and Liab86

Fair Value of Assets and Liabilities (Quantitative Info for Level 3 Inputs) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Fair Value Quantiative Information [Line Items]
Future policy benefits	$ 252,228	$ 224,384
Fair Value, Measurements, Recurring
Fair Value Quantiative Information [Line Items]
Future policy benefits	$ 13,024	$ 8,434
Level 3 | Minimum
Fair Value Quantiative Information [Line Items]
Fair Value Inputs, Policyholder Age	35 years
Level 3 | Minimum | Discounted cash flow | Future Policy Benefits
Fair Value Quantiative Information [Line Items]
Lapse rate	0.00%	0.00%
NPR spread	0.36%	0.06%
Utilization rate	52.00%	56.00%
Withdrawal rate (greater than maximum range for current year)	78.00%	74.00%
Mortality rate	0.00%	0.00%
Equity volatility curve	17.00%	17.00%
Level 3 | Minimum | Discounted cash flow | Corporate securities
Fair Value Quantiative Information [Line Items]
Discount rate	0.63%	0.93%
Level 3 | Minimum | Market comparables | Corporate securities
Fair Value Quantiative Information [Line Items]
EBITDA multiples	5	1.4
Level 3 | Minimum | Liquidation | Corporate securities
Fair Value Quantiative Information [Line Items]
Liquidation value	10.31%	15.79%
Level 3 | Maximum
Fair Value Quantiative Information [Line Items]
Fair Value Inputs, Policyholder Age	90 years
Level 3 | Maximum | Discounted cash flow | Future Policy Benefits
Fair Value Quantiative Information [Line Items]
Lapse rate	13.00%	14.00%
NPR spread	1.74%	1.76%
Utilization rate	96.00%	96.00%
Withdrawal rate (greater than maximum range for current year)	100.00%	100.00%
Mortality rate	14.00%	14.00%
Equity volatility curve	25.00%	28.00%
Level 3 | Maximum | Discounted cash flow | Corporate securities
Fair Value Quantiative Information [Line Items]
Discount rate	22.54%	25.00%
Level 3 | Maximum | Market comparables | Corporate securities
Fair Value Quantiative Information [Line Items]
EBITDA multiples	5	5
Level 3 | Maximum | Liquidation | Corporate securities
Fair Value Quantiative Information [Line Items]
Liquidation value	95.48%	29.33%
Level 3 | Weighted Average | Discounted cash flow | Corporate securities
Fair Value Quantiative Information [Line Items]
Discount rate	6.74%	7.66%
Level 3 | Weighted Average | Market comparables | Corporate securities
Fair Value Quantiative Information [Line Items]
EBITDA multiples	5	3.7
Level 3 | Weighted Average | Liquidation | Corporate securities
Fair Value Quantiative Information [Line Items]
Liquidation value	86.51%	17.77%
Level 3 | Fair Value, Measurements, Recurring
Fair Value Quantiative Information [Line Items]
Future policy benefits	$ 13,024	$ 8,434
Level 3 | Fair Value, Measurements, Recurring | Corporate securities
Fair Value Quantiative Information [Line Items]
Fair Value	2,506	1,425
Level 3 | Internal | Fair Value, Measurements, Recurring
Fair Value Quantiative Information [Line Items]
Future policy benefits	13,024	8,434
Level 3 | Internal | Fair Value, Measurements, Recurring | Future Policy Benefits
Fair Value Quantiative Information [Line Items]
Future policy benefits	13,024	8,434
Level 3 | Internal | Fair Value, Measurements, Recurring | Corporate securities
Fair Value Quantiative Information [Line Items]
Fair Value	$ 2,040	$ 1,085
Future Policy Benefits | Level 3 | Minimum
Fair Value Quantiative Information [Line Items]
Mortality rate	0.00%

Fair Value of Assets and Liab87

Fair Value of Assets and Liabilities (Changes in Level 3 Assets and Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Equity
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	$ 301	$ 259	$ 266	$ 275
Included in earnings:
Realized investment gains (losses), net	1	4	2	14
Included in other comprehensive income (loss)	(17)	0	(27)	(1)
Purchases	8	14	61	26
Sales	(8)	(14)	(22)	(45)
Issuances	0	0	0	0
Settlements	0	(3)	(13)	(3)
Foreign currency translation	13	4	31	(4)
Other	0		0	0
Transfers into Level 3	0	0	7	2
Transfers out of Level 3	0	0	(7)	0
Fair Value, end of period	298	264	298	264
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	(2)	0	(3)
Other income	0	0	0	0
Equity | Other income
Included in earnings:
Net investment income	0	0	0	0
Equity | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Notes issued by consolidated VIEs
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	(2,094)	(7,434)	(8,597)	(6,033)
Included in earnings:
Realized investment gains (losses), net	(17)	92	(14)	39
Interest credited to policyholders’ account balances	0	0	0	0
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	(1,228)	(1,008)	(1,228)	(2,448)
Settlements	0	0	0	0
Foreign currency translation	0	0	0	0
Other	622		7,131	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	(2,722)	(8,354)	(2,722)	(8,354)
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	(9)	92	(14)	39
Other income	27	(3)	(14)	88
Interest credited to policyholders’ account balances	0	0	0	0
Notes issued by consolidated VIEs | Other income
Included in earnings:
Net investment income	(5)	(4)	(14)	88
Notes issued by consolidated VIEs | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Fixed Maturities Available-For-Sale | U.S. States
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	5	20	6	6
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Included in other comprehensive income (loss)	0	0	0	0
Purchases	0	0	0	15
Sales	0	0	0	(1)
Issuances	0	0	0	0
Settlements	0	0	(1)	0
Foreign currency translation	0	0	0	0
Other	0		0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	(14)	0	(14)
Fair Value, end of period	5	6	5	6
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Fixed Maturities Available-For-Sale | U.S. States | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Fixed Maturities Available-For-Sale | Foreign Government
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	124	151	123	2
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Included in other comprehensive income (loss)	1	1	2	(2)
Purchases	0	(1)	0	19
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Foreign currency translation	5	(4)	5	(6)
Other	0		0	0
Transfers into Level 3	0	(5)	0	129
Transfers out of Level 3	0	(21)	0	(21)
Fair Value, end of period	130	121	130	121
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Fixed Maturities Available-For-Sale | Foreign Government | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Fixed Maturities Available-For-Sale | U.S. Corporate Public Securities
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	211	228	205	357
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Included in other comprehensive income (loss)	2	0	4	0
Purchases	8	149	21	477
Sales	0	(150)	(1)	(450)
Issuances	0	0	0	0
Settlements	0	0	(1)	(10)
Foreign currency translation	3	1	8	(1)
Other	0		(13)	0
Transfers into Level 3	23	0	25	6
Transfers out of Level 3	(19)	(15)	(20)	(166)
Fair Value, end of period	228	213	228	213
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Fixed Maturities Available-For-Sale | U.S. Corporate Public Securities | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Fixed Maturities Available-For-Sale | U.S. Corporate Private Securities
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	1,256	505	694	523
Included in earnings:
Realized investment gains (losses), net	(8)	(2)	(95)	(17)
Included in other comprehensive income (loss)	10	(4)	32	(7)
Purchases	46	58	115	103
Sales	0	(1)	0	(5)
Issuances	0	0	0	0
Settlements	(16)	(66)	(59)	(87)
Foreign currency translation	2	0	5	0
Other	0		0	(3)
Transfers into Level 3	0	28	657	38
Transfers out of Level 3	(7)	0	(70)	(32)
Fair Value, end of period	1,285	522	1,285	522
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	(9)	(2)	(90)	(18)
Fixed Maturities Available-For-Sale | U.S. Corporate Private Securities | Net investment income
Included in earnings:
Net investment income	2	4	6	9
Fixed Maturities Available-For-Sale | Foreign Corporate Public Securities
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	92	196	44	252
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Included in other comprehensive income (loss)	1	1	3	3
Purchases	14	20	41	38
Sales	0	(7)	(1)	(50)
Issuances	0	0	0	0
Settlements	(4)	(24)	(4)	(32)
Foreign currency translation	2	3	10	(6)
Other	0		13	0
Transfers into Level 3	61	0	84	0
Transfers out of Level 3	(24)	(7)	(48)	(23)
Fair Value, end of period	142	182	142	182
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Fixed Maturities Available-For-Sale | Foreign Corporate Public Securities | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Fixed Maturities Available-For-Sale | Foreign Corporate Private Securities
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	695	174	279	171
Included in earnings:
Realized investment gains (losses), net	0	(74)	(1)	(73)
Included in other comprehensive income (loss)	9	19	3	22
Purchases	7	27	89	66
Sales	(7)	0	(11)	0
Issuances	0	0	0	0
Settlements	(136)	(9)	(214)	(51)
Foreign currency translation	2	0	11	0
Other	0		0	0
Transfers into Level 3	111	24	550	24
Transfers out of Level 3	(56)	0	(81)	0
Fair Value, end of period	626	161	626	161
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	(62)	(1)	(63)
Fixed Maturities Available-For-Sale | Foreign Corporate Private Securities | Net investment income
Included in earnings:
Net investment income	1	0	1	2
Fixed Maturities Available-For-Sale | Asset-Backed
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	3,081	3,817	4,048	4,059
Included in earnings:
Realized investment gains (losses), net	5	18	7	24
Included in other comprehensive income (loss)	15	(52)	(26)	(35)
Purchases	913	110	1,259	1,050
Sales	(355)	(94)	(363)	(484)
Issuances	0	(4)	0	(4)
Settlements	(84)	(180)	(284)	(258)
Foreign currency translation	11	6	52	(8)
Other	4		118	3
Transfers into Level 3	338	1,059	1,542	1,862
Transfers out of Level 3	(756)	(643)	(3,190)	(2,185)
Fair Value, end of period	3,175	4,042	3,175	4,042
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	4
Other income	0		0
Fixed Maturities Available-For-Sale | Asset-Backed | Net investment income
Included in earnings:
Net investment income	3	5	12	18
Fixed Maturities Available-For-Sale | Commercial Mortgage- Backed
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	3	41	38	43
Included in earnings:
Realized investment gains (losses), net	0	1	0	1
Included in other comprehensive income (loss)	(7)	(1)	(7)	(1)
Purchases	148	11	155	45
Sales	0	0	(34)	0
Issuances	0	0	0	0
Settlements	(1)	0	(2)	(4)
Foreign currency translation	1	0	1	0
Other	0		0	0
Transfers into Level 3	19	0	19	2
Transfers out of Level 3	0	0	(7)	(34)
Fair Value, end of period	163	52	163	52
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Other income	0		0
Fixed Maturities Available-For-Sale | Commercial Mortgage- Backed | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Fixed Maturities Available-For-Sale | Residential Mortgage- Backed
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	183	215	183	253
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Included in other comprehensive income (loss)	(1)	(1)	1	(2)
Purchases	1	0	0	0
Sales	(6)	(2)	(7)	(5)
Issuances	0	0	0	0
Settlements	(18)	(14)	(37)	(39)
Foreign currency translation	12	4	32	(5)
Other	0		0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	171	201	171	201
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Other income	0		0
Fixed Maturities Available-For-Sale | Residential Mortgage- Backed | Net investment income
Included in earnings:
Net investment income	0	(1)	(1)	(1)
Trading Account Assets | Foreign Government
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	38	25	34	21
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Purchases	2	5	8	10
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	(2)	(1)
Foreign currency translation	0	0	0	0
Other	0		0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	40	30	40	30
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Other income	0	0	0	0
Trading Account Assets | Foreign Government | Other income
Included in earnings:
Net investment income	0	0	0	0
Trading Account Assets | Foreign Government | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Trading Account Assets | Corporate
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	216	148	203	124
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Purchases	0	16	8	87
Sales	0	(2)	0	(6)
Issuances	0	0	0	0
Settlements	(3)	(11)	(38)	(14)
Foreign currency translation	0	0	0	0
Other	0		(15)	0
Transfers into Level 3	9	3	136	10
Transfers out of Level 3	0	0	(61)	(41)
Fair Value, end of period	225	130	225	130
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Other income	3	(22)	12	(28)
Trading Account Assets | Corporate | Other income
Included in earnings:
Net investment income	3	(23)	(9)	(30)
Trading Account Assets | Corporate | Net investment income
Included in earnings:
Net investment income	0	(1)	1	0
Trading Account Assets | Asset-Backed
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	305	607	596	393
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Purchases	30	64	56	311
Sales	(26)	0	(26)	(2)
Issuances	0	0	0	0
Settlements	(4)	(10)	(8)	(11)
Foreign currency translation	0	0	(1)	0
Other	1		21	0
Transfers into Level 3	29	37	208	110
Transfers out of Level 3	(96)	(190)	(606)	(297)
Fair Value, end of period	240	503	240	503
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Other income	1	(4)	(1)	(1)
Trading Account Assets | Asset-Backed | Other income
Included in earnings:
Net investment income	1	(5)	(1)	(2)
Trading Account Assets | Asset-Backed | Net investment income
Included in earnings:
Net investment income	0	0	1	1
Trading Account Assets | Commercial Mortgage- Backed
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	1	2	3	5
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Purchases	0	26	0	26
Sales	0	(1)	0	(3)
Issuances	0	0	0	0
Settlements	0	0	0	(1)
Foreign currency translation	0	0	0	0
Other	1		(1)	0
Transfers into Level 3	0	1	0	1
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	1	28	1	28
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Other income	0	0	(1)	0
Trading Account Assets | Commercial Mortgage- Backed | Other income
Included in earnings:
Net investment income	(1)	0	(1)	0
Trading Account Assets | Commercial Mortgage- Backed | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Trading Account Assets | Residential Mortgage- Backed
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	4	5	4	7
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Purchases	0	1	0	1
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	(1)	(1)	(2)	(2)
Foreign currency translation	0	0	0	0
Other	0		1	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	(1)
Fair Value, end of period	2	5	2	5
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Other income	0	0	(1)	0
Trading Account Assets | Residential Mortgage- Backed | Other income
Included in earnings:
Net investment income	(1)	0	(1)	0
Trading Account Assets | Residential Mortgage- Backed | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Trading Account Assets | Equity
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	585	604	589	663
Included in earnings:
Realized investment gains (losses), net	0	0	0	(2)
Purchases	5	20	10	28
Sales	(36)	(4)	(48)	(20)
Issuances	0	0	0	0
Settlements	(31)	(20)	(108)	(36)
Foreign currency translation	18	9	60	(8)
Other	0		15	(7)
Transfers into Level 3	0	0	28	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	552	610	552	610
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	(2)
Other income	12	(7)	7	7
Trading Account Assets | Equity | Other income
Included in earnings:
Net investment income	11	1	6	(8)
Trading Account Assets | Equity | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Trading Account Assets | All Other Activity
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	2	12	5	7
Included in earnings:
Realized investment gains (losses), net	0	0	0	0
Purchases	0	1	0	1
Sales	0	(2)	0	(2)
Issuances	0	0	0	0
Settlements	0	0	0	0
Foreign currency translation	0	0	0	0
Other	1		(3)	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	2	5	2	5
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Other income	0	(1)	0	(1)
Trading Account Assets | All Other Activity | Other income
Included in earnings:
Net investment income	(1)	(6)	0	(1)
Trading Account Assets | All Other Activity | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Other Long-term Investments
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	14	18	49	13
Included in earnings:
Realized investment gains (losses), net	0	(2)	(1)	(4)
Included in other comprehensive income (loss)	0	0	0	0
Purchases	0	2	0	10
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Foreign currency translation	0	0	0	0
Other	0		(33)	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	(1)
Fair Value, end of period	14	18	14	18
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	(2)	(1)	(4)
Other income	0	0	0	0
Other Long-term Investments | Other income
Included in earnings:
Net investment income	0	0	0	0
Other Long-term Investments | Net investment income
Included in earnings:
Net investment income	0	0	(1)	0
Short-term investments
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	0		0
Included in earnings:
Realized investment gains (losses), net	0		0
Included in other comprehensive income (loss)	0		0
Purchases	1		1
Sales	0		0
Issuances	0		0
Settlements	0		0
Foreign currency translation	0		0
Other	0		0
Transfers into Level 3	0		0
Transfers out of Level 3	0		0
Fair Value, end of period	1		1
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0		0
Other income			0
Short-term investments | Other income
Included in earnings:
Net investment income	0		0
Short-term investments | Net investment income
Included in earnings:
Net investment income	0		0
Other Assets
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	62	2	7	2
Included in earnings:
Realized investment gains (losses), net	(5)	12	41	12
Included in other comprehensive income (loss)	0	0	0	0
Purchases	7	2	16	2
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Foreign currency translation	0	0	0	0
Other	0		0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	64	16	64	16
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	18	12	41	12
Other income	0	0	0	0
Other Assets | Other income
Included in earnings:
Net investment income	0	0	0	0
Other Assets | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Separate Accounts Assets
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	2,128	2,104	1,995	1,738
Included in earnings:
Realized investment gains (losses), net	0	0	1	0
Interest credited to policyholders’ account balances	33	(15)	36	(21)
Purchases	180	89	438	908
Sales	(61)	(53)	(134)	(126)
Issuances	0	0	0	0
Settlements	(303)	(33)	(391)	(113)
Foreign currency translation	0	(3)	0	(5)
Other	0		0	0
Transfers into Level 3	63	0	336	1
Transfers out of Level 3	(70)	(52)	(324)	(357)
Fair Value, end of period	1,973	2,043	1,973	2,043
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	0	0	0	0
Other income	0	0	0	0
Interest credited to policyholders’ account balances	22	(13)	19	(24)
Separate Accounts Assets | Other income
Included in earnings:
Net investment income	0	0	0	0
Separate Accounts Assets | Net investment income
Included in earnings:
Net investment income	3	6	16	18
Future Policy Benefits
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	(13,328)	(5,478)	(8,434)	(8,182)
Included in earnings:
Realized investment gains (losses), net	578	(3,454)	(3,800)	(270)
Interest credited to policyholders’ account balances	0	0	0	0
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	(271)	(241)	(786)	(721)
Settlements	0	0	0	0
Foreign currency translation	(3)	0	(4)	0
Other	0		0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	(13,024)	(9,173)	(13,024)	(9,173)
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	492	(3,497)	(3,959)	(454)
Other income	0	0	0	0
Interest credited to policyholders’ account balances	0	0	0	0
Future Policy Benefits | Other income
Included in earnings:
Net investment income	0	0	0	0
Future Policy Benefits | Net investment income
Included in earnings:
Net investment income	0	0	0	0
Other Liabilities
Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, beginning of period	(2)	(2)	(2)	(5)
Included in earnings:
Realized investment gains (losses), net	(6)	0	(6)	1
Interest credited to policyholders’ account balances	0	0	0	0
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	(5)	0	(5)	2
Foreign currency translation	0	0	0	0
Other	(6)		(6)	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	(19)	(2)	(19)	(2)
Unrealized gains (losses) for the period relating to those Level 3 assets and liabilities that were still held at the end of the period:
Realized investment gains (losses), net	(5)	0	(6)	1
Other income	0	0	0	0
Interest credited to policyholders’ account balances	0	0	0	0
Other Liabilities | Other income
Included in earnings:
Net investment income	0	0	0	0
Other Liabilities | Net investment income
Included in earnings:
Net investment income	$ 0	$ 0	$ 0	$ 0

Fair Value of Assets and Liab88

Fair Value of Assets and Liabilities (Derivative Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	$ 2,034	$ 2,728
Netting	(19,028)	(11,457)
Total derivative liabilities	472	40
Netting	(7,962)	(5,276)
Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	17,741	10,579
Total derivative liabilities	6,997	4,578
Currency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	805	318
Total derivative liabilities	312	114
Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	1	3
Total derivative liabilities	80	53
Currency/Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	2,399	2,995
Total derivative liabilities	586	244
Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	116	290
Total derivative liabilities	459	327
Commodity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	10	15
Total derivative liabilities	92	3
Level 1 | Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	8	11
Total derivative liabilities	92	3
Level 1 | Currency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 1 | Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 1 | Currency/Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 1 | Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	2	4
Total derivative liabilities	0	0
Level 1 | Commodity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	21,046	14,131
Total derivative liabilities	8,340	5,311
Level 2 | Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	17,727	10,561
Total derivative liabilities	6,903	4,573
Level 2 | Currency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	805	318
Total derivative liabilities	312	114
Level 2 | Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	1	3
Total derivative liabilities	80	53
Level 2 | Currency/Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	2,399	2,995
Total derivative liabilities	586	244
Level 2 | Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	114	254
Total derivative liabilities	459	327
Level 2 | Commodity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	6	39
Total derivative liabilities	2	2
Level 3 | Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	6	7
Total derivative liabilities	2	2
Level 3 | Currency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 3 | Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 3 | Currency/Interest Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Level 3 | Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	32
Total derivative liabilities	0	0
Level 3 | Commodity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Netting	(11,066)	(6,181)
U.S. corporate private securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Under Set Off Arrangements	$ 1,127	$ 1,039

Fair Value of Assets and Liab89

Fair Value of Assets and Liabilities (Changes in Level 3 Derivative Assets and Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Equity
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, beginning of period	$ 2	$ 7	$ 32	$ 6
Included in earnings:
Realized investment gains (losses), net	0	(1)	0	(5)
Other income	0	0	0	0
Purchases	0	2	0	8
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Other	(2)	0	(32)	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	(1)
Fair Value, end of period	0	8	0	8
Included in earnings:
Realized investment gains (losses), net	0	(1)	0	(5)
Other income	0	0	0	0
Interest Rate
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, beginning of period	4	6	5	3
Included in earnings:
Realized investment gains (losses), net	0	(1)	(1)	2
Other income	0	0	0	0
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Other	0	0	0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair Value, end of period	4	5	4	5
Included in earnings:
Realized investment gains (losses), net	0	(1)	0	2
Other income	$ 0	$ 0	$ 0	$ 0

Fair Value of Assets and Liab90

Fair Value of Assets and Liabilities (Nonrecurring Fair Value Measurements) (Details) - Fair Value, Measurements, Nonrecurring - Level 3 - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Commercial mortgage loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value	$ 47	$ 0	$ 47	$ 0
Gains (Losses)	(2)	0	(6)	0
Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value	83	96	83	96
Gains (Losses)	0	(1)	(2)	(2)
Cost method investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value	281	258	281	258
Gains (Losses)	$ (18)	$ (50)	$ (70)	$ (86)

Fair Value of Assets and Liab91

Fair Value of Assets and Liabilities (Changes in Fair Values Recorded in Earnings for FVO Assets-Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Commercial mortgage and other loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Changes in instrument-specific credit risk	$ 0	$ 0	$ 0	$ 0
Other changes in fair value	0	0	0	0
Other long-term investments
Fair Value, Option, Quantitative Disclosures [Line Items]
Changes in fair value	41	(42)	17	1
Notes issued by consolidated VIEs
Fair Value, Option, Quantitative Disclosures [Line Items]
Changes in fair value	$ 22	$ (88)	$ 28	$ (127)

Fair Value of Assets and Liab92

Fair Value of Assets and Liabilities (Financial Instruments where Carrying Amounts and Fair Values May Differ) (Details) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Assets:
Fixed maturities, held-to-maturity	[1]	$ 2,471	$ 2,308
Policy loans		12,031	11,657
Accrued investment income	[1]	3,279	3,110
Liabilities:
Securities sold under agreements to repurchase		6,830	7,882
Cash collateral for loaned securities		5,037	3,496
Short-term debt		907	1,216
Long-term debt	[2]	18,758	19,594
Fair Value
Assets:
Fixed maturities, held-to-maturity		2,956	2,624
Commercial mortgage and other loans		54,823	51,579
Policy loans		12,031	11,657
Short-term investments		326	618
Cash and cash equivalents		5,916	3,404
Accrued investment income		3,279	3,110
Other assets		2,889	3,122
Total assets		82,220	76,114
Liabilities:
Policyholders’ account balances—investment contracts		103,907	94,271
Securities sold under agreements to repurchase		6,830	7,882
Cash collateral for loaned securities		5,037	3,496
Short-term debt		909	1,221
Long-term debt		21,091	21,301
Other liabilities		7,466	6,039
Separate account liabilities—investment contracts		99,824	102,245
Total liabilities		245,064	236,455
Fair Value | Long-term debt
Liabilities:
Assets Under Set Off Arrangements		5,292	5,120
Fair Value | Fixed maturities, held-to-maturity
Liabilities:
Assets Under Set Off Arrangements		4,165	4,081
Fair Value | Accounting Standards Update 2015-07
Liabilities:
Cost Method Investments, Fair Value Disclosure		1,538	1,653
Fair Value | Level 1
Assets:
Fixed maturities, held-to-maturity		0	0
Commercial mortgage and other loans		0	0
Policy loans		0	0
Short-term investments		0	0
Cash and cash equivalents		5,776	2,832
Accrued investment income		0	0
Other assets		49	136
Total assets		5,825	2,968
Liabilities:
Policyholders’ account balances—investment contracts		0	0
Securities sold under agreements to repurchase		0	0
Cash collateral for loaned securities		0	0
Short-term debt		0	0
Long-term debt		1,352	1,328
Other liabilities		0	0
Separate account liabilities—investment contracts		0	0
Total liabilities		1,352	1,328
Fair Value | Level 2
Assets:
Fixed maturities, held-to-maturity		1,796	1,543
Commercial mortgage and other loans		185	533
Policy loans		0	0
Short-term investments		326	617
Cash and cash equivalents		140	572
Accrued investment income		3,279	3,110
Other assets		2,180	2,334
Total assets		7,906	8,709
Liabilities:
Policyholders’ account balances—investment contracts		43,721	39,314
Securities sold under agreements to repurchase		6,830	7,882
Cash collateral for loaned securities		5,037	3,496
Short-term debt		588	1,221
Long-term debt		16,512	16,540
Other liabilities		6,767	5,344
Separate account liabilities—investment contracts		72,197	69,978
Total liabilities		151,652	143,775
Fair Value | Level 3
Assets:
Fixed maturities, held-to-maturity		1,160	1,081
Commercial mortgage and other loans		54,638	51,046
Policy loans		12,031	11,657
Short-term investments		0	1
Cash and cash equivalents		0	0
Accrued investment income		0	0
Other assets		660	652
Total assets		68,489	64,437
Liabilities:
Policyholders’ account balances—investment contracts		60,186	54,957
Securities sold under agreements to repurchase		0	0
Cash collateral for loaned securities		0	0
Short-term debt		321	0
Long-term debt		3,227	3,433
Other liabilities		699	695
Separate account liabilities—investment contracts		27,627	32,267
Total liabilities		92,060	91,352
Carrying Amount
Assets:
Fixed maturities, held-to-maturity		2,471	2,308
Commercial mortgage and other loans		51,701	50,285
Policy loans		12,031	11,657
Short-term investments		326	618
Cash and cash equivalents		5,916	3,404
Accrued investment income		3,279	3,110
Other assets		2,889	3,122
Total assets		78,613	74,504
Liabilities:
Policyholders’ account balances—investment contracts		101,071	93,937
Securities sold under agreements to repurchase		6,830	7,882
Cash collateral for loaned securities		5,037	3,496
Short-term debt		907	1,216
Long-term debt		18,758	19,594
Other liabilities		7,466	6,039
Separate account liabilities—investment contracts		99,824	102,245
Total liabilities		239,893	234,409
Carrying Amount | Long-term debt
Liabilities:
Assets Under Set Off Arrangements		5,292	4,889
Carrying Amount | Fixed maturities, held-to-maturity
Liabilities:
Assets Under Set Off Arrangements		4,165	3,850
Carrying Amount | Accounting Standards Update 2015-07
Liabilities:
Cost Method Investments, Fair Value Disclosure		$ 1,436	$ 1,563
[1]	See Note 5 for details of balances associated with variable interest entities.
[2]	Prior period amounts are presented on a basis consistent with the current period presentation, reflecting the adoption of ASU 2015-03. See Note 2 for additional information.

Derivative Instruments (Narrati

Derivative Instruments (Narrative) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Total derivative assets	$ 2,034,000,000	$ 2,728,000,000
Total derivative liabilities	472,000,000	40,000,000
Anticipated pre-tax gain (loss) reclassified from accumulated other comprehensive income (loss) to earnings	$ 130,000,000
Maximum Length of Time Hedged in Cash Flow Hedge	40 years
Net investment hedges income (loss) before taxes	$ 525,000,000	541,000,000
Derivative [Line Items]
Credit Derivative, Purchased Credit Protection, Liability	9,000,000	8,000,000
Notional of credit derivative	500,000,000	500,000,000
Fair value of credit derivative liability	36,000,000	15,000,000
Credit protection derivatives outstanding notional amounts	288,000,000	532,000,000
Single Name
Derivative [Line Items]
Credit Derivative, Maximum Exposure, Undiscounted	108,000,000	106,000,000
Credit Risk Derivatives, at Fair Value, Asset Net (Liability)	$ 1,000,000	(3,000,000)
Credit Derivatives Written Max Length Of Maturities (less than)	4 years
Single Name | NAIC 3
Derivative [Line Items]
Credit Derivative, Maximum Exposure, Undiscounted	$ 5,000,000
Single Name | NAIC 5
Derivative [Line Items]
Credit Derivative, Maximum Exposure, Undiscounted	3,000,000
Single Name | NAIC 6
Derivative [Line Items]
Credit Derivative, Maximum Exposure, Undiscounted	3,000,000
Single Name | NAIC 1
Derivative [Line Items]
Credit Derivative, Maximum Exposure, Undiscounted	49,000,000
Single Name | NAIC 2
Derivative [Line Items]
Credit Derivative, Maximum Exposure, Undiscounted	48,000,000
Credit Default Index
Derivative [Line Items]
Credit Derivative, Maximum Exposure, Undiscounted	1,050,000,000	701,000,000
Credit Risk Derivatives, at Fair Value, Asset Net (Liability)	$ (34,000,000)	$ (24,000,000)
Credit Derivatives Written Max Length Of Maturities (less than)	42 years

Derivative Instruments (Gross N

Derivative Instruments (Gross Notional Amount and Fair Value of Derivatives Contracts) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Notional	$ 410,798	$ 427,550
Assets	21,066	14,192
Liabilities	(8,434)	(5,316)
Net Embedded Derivative Liability	(12,970)	(8,408)
Derivatives Designated as Hedge Accounting Instruments:
Derivative [Line Items]
Notional	15,303	14,493
Assets	1,729	1,619
Liabilities	(248)	(154)
Derivatives Designated as Hedge Accounting Instruments: | Interest Rate Swaps
Derivative [Line Items]
Notional	1,197	1,431
Assets	19	20
Liabilities	(156)	(148)
Derivatives Designated as Hedge Accounting Instruments: | Foreign Currency Forwards
Derivative [Line Items]
Notional	377	323
Assets	34	7
Liabilities	(6)	(1)
Derivatives Designated as Hedge Accounting Instruments: | Foreign Currency Swaps
Derivative [Line Items]
Notional	13,729	12,739
Assets	1,676	1,592
Liabilities	(86)	(5)
Derivatives Not Qualifying as Hedge Accounting Instruments:
Derivative [Line Items]
Notional	395,495	413,057
Assets	19,337	12,573
Liabilities	(8,186)	(5,162)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate Swaps
Derivative [Line Items]
Notional	163,195	173,091
Assets	17,257	10,161
Liabilities	(6,650)	(4,232)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate Futures
Derivative [Line Items]
Notional	33,400	28,209
Assets	8	11
Liabilities	(92)	(3)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate Options
Derivative [Line Items]
Notional	12,418	40,056
Assets	454	387
Liabilities	(97)	(196)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate Forwards
Derivative [Line Items]
Notional	1,500	86
Assets	1	0
Liabilities	(1)	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Foreign Currency Forwards
Derivative [Line Items]
Notional	19,285	17,400
Assets	771	311
Liabilities	(307)	(113)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Foreign Currency Options
Derivative [Line Items]
Notional	93	93
Assets	1	0
Liabilities	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Foreign Currency Swaps
Derivative [Line Items]
Notional	11,578	11,607
Assets	723	1,404
Liabilities	(500)	(238)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Credit Default Swaps
Derivative [Line Items]
Notional	1,945	1,839
Assets	1	3
Liabilities	(80)	(53)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity Futures
Derivative [Line Items]
Notional	529	249
Assets	2	2
Liabilities	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity Options
Derivative [Line Items]
Notional	55,728	48,958
Assets	76	159
Liabilities	(87)	(118)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Total Return Swaps
Derivative [Line Items]
Notional	19,066	18,804
Assets	38	128
Liabilities	(372)	(209)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Commodity Futures
Derivative [Line Items]
Notional	0	80
Assets	0	0
Liabilities	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Synthetic GICs
Derivative [Line Items]
Notional	76,758	72,585
Assets	5	7
Liabilities	$ 0	$ 0

Derivative Instruments (Offsett

Derivative Instruments (Offsetting Assets and Liabilities) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Derivatives
Gross Amounts of Recognized Financial Instruments	$ 21,066	$ 14,192
Securities purchased under agreement to resell
Gross Amounts of Recognized Financial Instruments	123	776
Gross Amounts Offset in the Statements of Financial Position	0	0
Net Amounts Presented in the Statements of Financial Position	123	776
Financial Instruments/Collateral	(123)	(776)
Net Amount	0	0
Total assets
Gross Amounts of Recognized Financial Instruments	21,102	14,804
Gross Amounts Offset in the Statements of Financial Position	(19,028)	(11,457)
Net Amounts Presented in the Statements of Financial Position	2,074	3,347
Financial Instruments/Collateral	(1,579)	(2,072)
Net Amount	495	1,275
Derivatives
Gross Amounts of Recognized Financial Instruments	8,434	5,316
Securities sold under agreement to repurchase
Gross Amounts of Recognized Financial Instruments	6,830	7,882
Gross Amounts Offset in the Statements of Financial Position	0	0
Net Amounts Presented in the Statements of Financial Position	6,830	7,882
Financial Instruments/Collateral	(6,830)	(7,882)
Net Amount	0	0
Total liabilities
Gross Amounts of Recognized Financial Instruments	15,250	13,192
Gross Amounts Offset in the Statements of Financial Position	(7,962)	(5,276)
Net Amounts Presented in the Statements of Financial Position	7,288	7,916
Financial Instruments/Collateral	(6,939)	(7,896)
Net Amount	349	20
Counterparty
Derivatives
Gross Amounts of Recognized Financial Instruments	20,979	14,028
Gross Amounts Offset in the Statements of Financial Position	(19,028)	(11,457)
Net Amounts Presented in the Statements of Financial Position	1,951	2,571
Financial Instruments/Collateral	(1,456)	(1,296)
Net Amount	495	1,275
Derivatives
Gross Amounts of Recognized Financial Instruments	8,420	5,310
Gross Amounts Offset in the Statements of Financial Position	(7,962)	(5,276)
Net Amounts Presented in the Statements of Financial Position	458	34
Financial Instruments/Collateral	(109)	(14)
Net Amount	$ 349	$ 20

Derivative Instruments (Financi

Derivative Instruments (Financial Statement Classification and Impact of Derivatives Used in Qualifying and Non-qualifying Hedge Relationships) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	$ 335	$ 1,446	$ 3,222	$ 2,704
Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	23	11	64	15
Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	31	58	146	88
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(1)	(2)	(4)	(5)
Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(210)	310	(88)	838
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	16	(4)	18	26
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(8)	(11)	(25)	(34)
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Interest Rate | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	9	(7)	(10)	14
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Interest Rate | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(8)	(11)	(24)	(33)
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Interest Rate | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Interest Rate | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Interest Rate | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Interest Rate | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Currency | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	7	3	28	12
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Currency | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	(1)	(1)
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Currency | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Currency | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Currency | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Fair value hedges | Currency | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	31	22	89	49
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	32	59	149	84
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(1)	(2)	(4)	(5)
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(205)	315	(72)	811
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Interest Rate | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Interest Rate | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Interest Rate | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Interest Rate | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(1)	(2)	(4)	(5)
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Interest Rate | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Interest Rate | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	3	(6)	(7)	(5)
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Currency/Interest Rate | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Currency/Interest Rate | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	31	22	89	49
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Currency/Interest Rate | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	32	59	149	84
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Currency/Interest Rate | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Currency/Interest Rate | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Cash flow hedges—Interest Rate | Currency/Interest Rate | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(208)	321	(65)	816
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	(3)
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(5)	(5)	(16)	27
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	(3)
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(5)	5	(16)	12
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency/Interest Rate | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency/Interest Rate | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency/Interest Rate | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency/Interest Rate | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency/Interest Rate | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Designated as Hedge Accounting Instruments: | Net investment hedges | Currency/Interest Rate | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	(10)	0	15
Derivatives Not Qualifying as Hedge Accounting Instruments: | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	319	1,450	3,204	2,681
Derivatives Not Qualifying as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(1)	(1)	(3)	4
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	340	3,261	8,213	1,795
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Interest Rate | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	536	193	1,104	(34)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(1)	(2)	(4)	(1)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency/Interest Rate | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(199)	58	(729)	464
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency/Interest Rate | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency/Interest Rate | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	1	1	5
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency/Interest Rate | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency/Interest Rate | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Currency/Interest Rate | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Credit | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	13	(5)	6	(6)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Credit | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Credit | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Credit | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Credit | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Credit | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	(954)	1,364	(1,705)	706
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Equity | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Commodity | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	(1)	(1)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Commodity | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Commodity | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Commodity | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Commodity | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Commodity | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Embedded Derivatives | Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	583	(3,421)	(3,684)	(243)
Derivatives Not Qualifying as Hedge Accounting Instruments: | Embedded Derivatives | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Embedded Derivatives | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Embedded Derivatives | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Embedded Derivatives | Interest Credited To Policyholders’ Account Balances
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	0	0	0	0
Derivatives Not Qualifying as Hedge Accounting Instruments: | Embedded Derivatives | AOCI
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Gain (Loss) Recognized In Income Net	$ 0	$ 0	$ 0	$ 0

Derivative Instruments (Current

Derivative Instruments (Current Period Cash Flow Hedges in AOCI (loss) before Taxes) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)
Accumulated Other Comprehensive Income (Loss), before Tax [Roll Forward]
Balance, beginning	$ 1,165
Net deferred gains (losses) on cash flow hedges from January 1 to September 30, 2016	189
Amount reclassified into current period earnings	(261)
Balance, ending	$ 1,093

Commitments and Guarantees, C98

Commitments and Guarantees, Contingent Liabilities and Litigation and Regulatory Matters (Commitments and Guarantees) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Securities Lending Transactions
Commitments Gurantees And Contingent Liabilities [Line Items]
Guarantee obligation - maximum exposure	$ 4,917	$ 15,084
Fair value of related collateral	5,033	15,508
Accrued liability (asset) associated with guarantee	0	0
Asset Values
Commitments Gurantees And Contingent Liabilities [Line Items]
Guarantee obligation - maximum exposure	76,758	72,585
Fair value of related collateral	79,153	73,634
Accrued liability (asset) associated with guarantee	(5)	(7)
Serviced Mortgage Loans
Commitments Gurantees And Contingent Liabilities [Line Items]
Guarantee obligation - maximum exposure	1,338	1,200
First-loss exposure portion of above	408	371
Accrued liability (asset) associated with guarantee	13	14
Guarantee Type, Other
Commitments Gurantees And Contingent Liabilities [Line Items]
Guarantee obligation - maximum exposure	337	324
Accrued liability (asset) associated with guarantee	4	4
Commercial mortgage and other loans
Commitments Gurantees And Contingent Liabilities [Line Items]
Total outstanding mortgage loan commitments	2,251	2,272
Portion of commitment where prearrangement to sell to investor exists	463	721
Investments Excluding Commercial Mortgage Loans
Commitments Gurantees And Contingent Liabilities [Line Items]
Expected to be funded from the general account and other operations outside the separate accounts	4,283	3,787
Expected to be funded from separate accounts	440	92
Investments Excluding Commercial Mortgage Loans | Fosun Group
Commitments Gurantees And Contingent Liabilities [Line Items]
Expected to be funded from the general account and other operations outside the separate accounts	$ 132	$ 152

Commitments and Guarantees, C99

Commitments and Guarantees, Contingent Liabilities and Litigation and Regulatory Matters (Narrative Excluding Litigation) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Yield Maintenance Guarantee
Commitments Guarantees Contingent Liabilities And Litigation [Line Items]
Guarantee obligation - maximum exposure	$ 330		$ 317
Securities Lending Transactions
Commitments Guarantees Contingent Liabilities And Litigation [Line Items]
Fair value of the loaned securities, minimum collateral (greater than)	102.00%
Guarantee obligation - maximum exposure	$ 4,917		15,084
Serviced Mortgage Loans
Commitments Guarantees Contingent Liabilities And Litigation [Line Items]
Minimum percentage share of losses incurred of loan balance	2.00%
Maximum percentage share of losses incurred of loan balance	20.00%
Mortgages subject to loss-sharing arrangements	$ 11,345		$ 9,833
Average debt service coverage ratio of mortgages subject to loss-sharing arrangements	2.08		1.96
Average loan-to-value ratio of mortgages subject to loss-sharing arrangements	60.00%		61.00%
Indemnification of Serviced Mortgage Loans, Losses	$ 0	$ 0.5
Guarantee obligation - maximum exposure	$ 1,338		$ 1,200

Commitments and Guarantees, 100

Commitments and Guarantees, Contingent Liabilities and Litigation and Regulatory Matters (Litigation Narrative) (Details) $ in Millions	Sep. 30, 2016USD ($)
Litigation And Regulatory Matters
Litigation [Line Items]
Estimate of possible losses in excess of accruals (less than)	$ 250