Genworth Financial (GNW) 10-Q 8 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 28, 2016
Document Information [Line Items]
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	GNW
Entity Registrant Name	GENWORTH FINANCIAL INC
Entity Central Index Key	1,276,520
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		498,369,894

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Assets
Fixed maturity securities available-for-sale, at fair value		$ 63,780	$ 58,197
Equity securities available-for-sale, at fair value		590	310
Commercial mortgage loans		6,017	6,170
Restricted commercial mortgage loans related to securitization entities		134	161
Policy loans		1,751	1,568
Other invested assets		2,676	2,309
Restricted other invested assets related to securitization entities, at fair value		312	413
Total investments		75,260	69,128
Cash and cash equivalents		3,078	5,965
Accrued investment income		677	653
Deferred acquisition costs		3,982	4,398
Intangible assets and goodwill		258	357
Reinsurance recoverable		17,542	17,245
Other assets		570	520
Deferred tax asset		0	155
Separate account assets		7,485	7,883
Assets held for sale		0	127
Total assets		108,852	106,431
Liabilities and equity
Future policy benefits		37,405	36,475
Policyholder account balances		25,867	26,209
Liability for policy and contract claims		8,869	8,095
Unearned premiums		3,464	3,308
Other liabilities ($2 and $46 of other liabilities are related to securitization entities)		3,280	3,004
Borrowings related to securitization entities ($11 and $81 are at fair value)		78	179
Non-recourse funding obligations		310	1,920
Long-term borrowings		4,194	4,570
Deferred tax liability		1,151	24
Separate account liabilities		7,485	7,883
Liabilities held for sale		0	127
Total liabilities		92,103	91,794
Commitments and contingencies
Equity:
Class A common stock, $0.001 par value; 1.5 billion shares authorized; 587 million and 586 million shares issued as of September 30, 2016 and December 31, 2015, respectively; 498 million shares outstanding as of September 30, 2016 and December 31, 2015		1	1
Additional paid-in capital		11,959	11,949
Net unrealized investment gains (losses):
Net unrealized gains (losses) on securities not other-than-temporarily impaired		2,836	1,236
Net unrealized gains (losses) on other-than-temporarily impaired securities		24	18
Net unrealized investment gains (losses)	[1]	2,860	1,254
Derivatives qualifying as hedges	[2]	2,493	2,045
Foreign currency translation and other adjustments		(151)	(289)
Total accumulated other comprehensive income (loss)		5,202	3,010
Retained earnings		409	564
Treasury stock, at cost (88 million shares as of September 30, 2016 and December 31, 2015)		(2,700)	(2,700)
Total Genworth Financial, Inc.'s stockholders' equity		14,871	12,824
Noncontrolling interests		1,878	1,813
Total equity		16,749	14,637
Total liabilities and equity		$ 108,852	$ 106,431
[1]	Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.
[2]	See note 5 for additional information.

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Other liabilities, securitization entities	$ 2	$ 46
Borrowings related to securitization entities, fair value	$ 11	$ 81
Class A common stock, par value	$ 0.001	$ 0.001
Class A common stock, shares authorized	1,500,000,000	1,500,000,000
Class A common stock, shares issued	587,000,000	586,000,000
Class A common stock, shares outstanding	498,000,000	498,000,000
Treasury stock, shares	88,000,000	88,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues:
Premiums		$ 1,108	$ 1,145	$ 3,029	$ 3,422
Net investment income		805	783	2,373	2,357
Net investment gains (losses)		20	(51)	31	(59)
Policy fees and other income		217	223	738	672
Total revenues		2,150	2,100	6,171	6,392
Benefits and expenses:
Benefits and other changes in policy reserves		1,662	1,290	3,715	3,714
Interest credited		173	179	523	540
Acquisition and operating expenses, net of deferrals		269	314	990	876
Amortization of deferred acquisition costs and intangibles		94	563	305	759
Interest expense		77	105	262	315
Total benefits and expenses		2,275	2,451	5,795	6,204
Income (loss) from continuing operations before income taxes		(125)	(351)	376	188
Provision (benefit) for income taxes		222	(134)	355	27
Income (loss) from continuing operations		(347)	(217)	21	161
Income (loss) from discontinued operations, net of taxes		15	(21)	(25)	(334)
Net loss		(332)	(238)	(4)	(173)
Less: net income attributable to noncontrolling interests		48	46	151	150
Net loss available to Genworth Financial, Inc.'s common stockholders		$ (380)	$ (284)	$ (155)	$ (323)
Income (loss) from continuing operations available to Genworth Financial, Inc.'s common stockholders per common share:
Basic		$ (0.79)	$ (0.53)	$ (0.26)	$ 0.02
Diluted		(0.79)	(0.53)	(0.26)	0.02
Net loss available to Genworth Financial, Inc.'s common stockholders per common share:
Basic		(0.76)	(0.57)	(0.31)	(0.65)
Diluted		$ (0.76)	$ (0.57)	$ (0.31)	$ (0.65)
Weighted-average common shares outstanding:
Basic		498.3	497.4	498.3	497.3
Diluted	[1]	498.3	497.4	498.3	499
Supplemental disclosures:
Total other-than-temporary impairments		$ (2)	$ (10)	$ (35)	$ (13)
Portion of other-than-temporary impairments included in other comprehensive income (loss)		0	1	0	1
Net other-than-temporary impairments		(2)	(9)	(35)	(12)
Other investments gains (losses)		22	(42)	66	(47)
Net investment gains (losses)		$ 20	$ (51)	$ 31	$ (59)
[1]	Under applicable accounting guidance, companies in a loss position are required to use basic weighted-average common shares outstanding in the calculation of diluted loss per share. Therefore, as a result of our loss from continuing operations available to Genworth Financial, Inc.'s common stockholders for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, we were required to use basic weighted-average common shares outstanding in the calculation of diluted loss per share for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, as the inclusion of shares for stock options, restricted stock units and stock appreciation rights of 2.2 million, 1.3 million and 1.8 million, respectively, would have been antidilutive to the calculation. If we had not incurred a loss from continuing operations available to Genworth Financial, Inc.'s common stockholders for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, dilutive potential weighted-average common shares outstanding would have been 500.5 million, 498.7 million and 500.1 million, respectively.

Condensed Consolidated Stateme5

Condensed 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
Net loss		$ (332)	$ (238)	$ (4)	$ (173)
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities not other-than-temporarily impaired		72	87	1,624	(728)
Net unrealized gains (losses) on other-than-temporarily impaired securities		5	0	6	0
Derivatives qualifying as hedges	[1]	54	217	448	60
Foreign currency translation and other adjustments		(1)	(302)	223	(619)
Total other comprehensive income (loss)		130	2	2,301	(1,287)
Total comprehensive income (loss)		(202)	(236)	2,297	(1,460)
Less: comprehensive income (loss) attributable to noncontrolling interests		64	(121)	260	(145)
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders		$ (266)	$ (115)	$ 2,037	$ (1,315)
[1]	See note 5 for additional information.

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Changes in Equity - USD ($) $ in Millions	Total	Common stock	Additional paid-in capital	Accumulated other comprehensive income (loss)	Retained earnings	Treasury stock, at cost	Total Genworth Financial, Inc.'s stockholders' equity	Noncontrolling interests
Balances at Dec. 31, 2014	$ 16,797	$ 1	$ 11,997	$ 4,446	$ 1,179	$ (2,700)	$ 14,923	$ 1,874
Additional sale of subsidiary shares to noncontrolling interests	226	0	(65)	24	0	0	(41)	267
Repurchase of subsidiary shares	(17)	0	0	0	0	0	0	(17)
Comprehensive income (loss):
Net income (loss)	(173)	0	0	0	(323)	0	(323)	150
Other comprehensive income (loss), net of taxes	(1,287)	0	0	(992)	0	0	(992)	(295)
Total comprehensive income (loss)	(1,460)						(1,315)	(145)
Dividends to noncontrolling interests	(145)	0	0	0	0	0	0	(145)
Stock-based compensation expense and exercises and other	15	0	12	0	0	0	12	3
Balances at Sep. 30, 2015	15,416	1	11,944	3,478	856	(2,700)	13,579	1,837
Balances at Dec. 31, 2015	14,637	1	11,949	3,010	564	(2,700)	12,824	1,813
Return of capital to noncontrolling interests	(70)	0	0	0	0	0	0	(70)
Comprehensive income (loss):
Net income (loss)	(4)	0	0	0	(155)	0	(155)	151
Other comprehensive income (loss), net of taxes	2,301	0	0	2,192	0	0	2,192	109
Total comprehensive income (loss)	2,297						2,037	260
Dividends to noncontrolling interests	(126)	0	0	0	0	0	0	(126)
Stock-based compensation expense and exercises and other	11	0	10	0	0	0	10	1
Balances at Sep. 30, 2016	$ 16,749	$ 1	$ 11,959	$ 5,202	$ 409	$ (2,700)	$ 14,871	$ 1,878

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net loss	$ (4)	$ (173)
Less loss from discontinued operations, net of taxes	25	334
Adjustments to reconcile net loss to net cash from operating activities:
Gain on sale of businesses	(26)	0
Amortization of fixed maturity securities discounts and premiums and limited partnerships	(112)	(80)
Net investment losses (gains)	(31)	59
Charges assessed to policyholders	(574)	(586)
Acquisition costs deferred	(124)	(226)
Amortization of deferred acquisition costs and intangibles	305	759
Deferred income taxes	173	(117)
Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments	759	(247)
Stock-based compensation expense	25	14
Change in certain assets and liabilities:
Accrued investment income and other assets	(258)	(133)
Insurance reserves	691	1,270
Current tax liabilities	44	(71)
Other liabilities, policy and contract claims and other policy-related balances	905	352
Cash from operating activities-held for sale	0	3
Net cash from operating activities	1,798	1,158
Cash flows from investing activities:
Fixed maturity securities	2,646	3,389
Commercial mortgage loans	555	640
Restricted commercial mortgage loans related to securitization entities	27	27
Proceeds from sales of investments:
Fixed maturity and equity securities	4,064	1,333
Purchases and originations of investments:
Fixed maturity and equity securities	(8,758)	(6,836)
Commercial mortgage loans	(405)	(678)
Other invested assets, net	(138)	(39)
Policy loans, net	(80)	23
Proceeds from sale of businesses, net of cash transferred	39	0
Cash from investing activities-held for sale	0	(22)
Net cash from investing activities	(2,050)	(2,163)
Cash flows from financing activities:
Deposits to universal life and investment contracts	1,028	1,693
Withdrawals from universal life and investment contracts	(1,463)	(1,677)
Redemption of non-recourse funding obligations	(1,620)	(45)
Proceeds from issuance of long-term debt	0	150
Repayment and repurchase of long-term debt	(362)	(120)
Repayment of borrowings related to securitization entities	(37)	(26)
Proceeds from sale of subsidiary shares to noncontrolling interests	0	226
Repurchase of subsidiary shares	0	(17)
Return of capital to noncontrolling interests	(70)	0
Dividends paid to noncontrolling interests	(126)	(145)
Other, net	(49)	(25)
Cash from financing activities-held for sale	0	(33)
Net cash from financing activities	(2,699)	(19)
Effect of exchange rate changes on cash and cash equivalents (includes $- and $(8) related to businesses held for sale)	36	(86)
Net change in cash and cash equivalents	(2,915)	(1,110)
Cash and cash equivalents at beginning of period	5,993	4,918
Cash and cash equivalents at end of period	3,078	3,808
Less cash and cash equivalents held for sale at end of period	0	142
Cash and cash equivalents of continuing operations at end of period	$ 3,078	$ 3,666

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Effect of exchange rate changes on cash and cash equivalents related to businesses held for sale	$ 0	$ (8)

Formation of Genworth and Basis

Formation of Genworth and Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Formation of Genworth and Basis of Presentation	(1) Formation of Genworth and Basis of Presentation Genworth Holdings, Inc. (“Genworth Holdings”) (formerly known as Genworth Financial, Inc.) was incorporated in Delaware in 2003 in preparation for an initial public offering of Genworth’s common stock, which was completed on May 28, 2004. On April 1, 2013, Genworth Holdings completed a holding company reorganization pursuant to which Genworth Holdings became a direct, 100% owned subsidiary of a new public holding company that it had formed. The new public holding company was incorporated in Delaware on December 5, 2012, in connection with the reorganization, and was renamed Genworth Financial, Inc. (“Genworth Financial”) upon the completion of the reorganization. The accompanying unaudited condensed financial statements include on a consolidated basis the accounts of Genworth Financial and the affiliate companies in which it holds a majority voting interest or where it is the primary beneficiary of a variable interest entity (“VIE”). All intercompany accounts and transactions have been eliminated in consolidation. References to “Genworth,” the “Company,” “we” or “our” in the accompanying unaudited condensed consolidated financial statements and these notes thereto are, unless the context otherwise requires, to Genworth Financial on a consolidated basis. We operate our business through the following five operating segments: • U.S. Mortgage Insurance. • Canada Mortgage Insurance. • Australia Mortgage Insurance. • U.S. Life Insurance. • Runoff. In addition to our five operating business segments, we also have Corporate and Other activities which include debt financing expenses that are incurred at the Genworth Holdings level, unallocated corporate income and expenses, eliminations of inter-segment transactions and the results of other businesses that are managed outside of our operating segments, including certain smaller international mortgage insurance businesses and discontinued operations. On May 9, 2016, Genworth Mortgage Insurance Corporation (“GMICO”), our wholly-owned indirect subsidiary, completed the sale of our European mortgage insurance business. As the held-for-sale criteria were satisfied during the fourth quarter of 2015, our European mortgage insurance business, included in Corporate and Other activities, has been reported as held for sale and its financial position is separately reported for all periods presented. All prior periods reflected herein have been re-presented on this basis. See note 14 for additional information. The accompanying condensed consolidated financial statements are unaudited and have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Preparing financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect reported amounts and related disclosures. Actual results could differ from those estimates. These unaudited condensed consolidated financial statements include all adjustments (including normal recurring adjustments) considered necessary by management to present a fair statement of the financial position, results of operations and cash flows for the periods presented. The results reported in these unaudited condensed consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. The unaudited condensed consolidated financial statements included herein should be read in conjunction with the audited consolidated financial statements and related notes contained in our 2015 Annual Report on Form 10-K. Certain prior year amounts have been reclassified to conform to the current year presentation. On October 21, 2016, we entered into a definitive agreement with China Oceanwide Holdings Group Co., Ltd. (“China Oceanwide”) under which China Oceanwide has agreed to acquire all of our outstanding common stock for a total transaction value of approximately $2.7 billion, or $5.43 per share in cash. The acquisition will be completed through Asia Pacific Global Capital Co. Ltd., one of China Oceanwide’s investment platforms. The transaction is subject to approval by our stockholders as well as other closing conditions, including the receipt of required regulatory approvals.

Accounting Changes

Accounting Changes	9 Months Ended
	Sep. 30, 2016
Accounting Changes	(2) Accounting Changes Accounting Pronouncement Recently Adopted On January 1, 2016, we adopted new accounting guidance related to consolidation. The new guidance primarily impacts limited partnerships and similar legal entities, evaluation of fees paid to a decision maker as a variable interest, the effect of fee arrangements and related parties on the primary beneficiary determination and certain investment funds. The adoption of this new guidance did not have a material impact on our consolidated financial statements. Accounting Pronouncements Not Yet Adopted In September 2016, the Financial Accounting Standards Board (the “FASB”) issued new guidance related to the statement of cash flows classification of certain cash payments and cash receipts. The guidance will reduce diversity in practice related to eight specific cash flow issues. The new guidance is effective for us on January 1, 2018, with early adoption permitted. We are in the process of determining the impact from this guidance on our consolidated financial statements. In June 2016, the FASB issued new guidance related to accounting for credit losses on financial instruments. The guidance requires that entities recognize an allowance equal to its estimate of lifetime expected credit losses and applies to most debt instruments not measured at fair value, which would primarily include our commercial mortgage loans and reinsurance receivables. The new guidance retains most of the existing impairment guidance for available-for-sale debt securities but amends the presentation of credit losses to be presented as an allowance as opposed to a write-down and permits the reversal of credit losses when reassessing changes in the credit losses each reporting period. The new guidance is effective for us on January 1, 2020, with early adoption permitted beginning January 1, 2019. Upon adoption, a cumulative effect adjustment in retained earnings as of the beginning of the year of adoption will be recorded. We are in the process of determining the impact from this guidance on our consolidated financial statements. In March 2016, the FASB issued new accounting guidance related to the accounting for stock compensation. The guidance primarily simplifies the accounting for employee share-based payment transactions, including a new requirement to record all of the income tax effects at settlement or expiration through the income statement, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The guidance is effective for us on January 1, 2017, with early adoption permitted. We are in the process of determining the impact from this guidance on our consolidated financial statements. In March 2016, the FASB issued new accounting guidance related to transition to the equity method of accounting. The guidance eliminates the retrospective application of the equity method of accounting when obtaining significant influence over a previously held investment. The guidance requires that an entity that has an available-for-sale equity security that becomes qualified for the equity method of accounting recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The guidance is effective for us on January 1, 2017, with early adoption permitted. We do not expect any significant impact from this guidance on our consolidated financial statements. In March 2016, the FASB issued new accounting guidance related to the assessment of contingent put and call options in debt instruments. The guidance clarifies the requirements for assessing whether contingent call (put) options that can accelerate the payment of principal on debt instruments are clearly and closely related to their debt hosts. An entity performing the assessment under the amendments in this update is required to assess the embedded call (put) options solely in accordance with the four-step decision sequence. The guidance is effective for us on January 1, 2017, with early adoption permitted. We are in the process of determining the impact from this guidance on our consolidated financial statements. In March 2016, the FASB issued new accounting guidance related to the effect of derivative contract novations on existing hedge accounting relationships. The guidance clarifies that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument does not, in and of itself, require dedesignation of that hedging relationship provided that all other hedge accounting criteria continue to be met. The guidance is effective for us on January 1, 2017, with early adoption permitted. This guidance is consistent with our accounting for derivative contract novations and, accordingly, we do not expect any impact on our consolidated financial statements. In February 2016, the FASB issued new accounting guidance related to the accounting for leases. The new guidance generally requires lessees to recognize both a right-to-use asset and a corresponding liability on the balance sheet. The guidance is effective for us on January 1, 2019, with early adoption permitted. We are still in the process of evaluating the impact this guidance will have on our consolidated financial statements.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2016
Earnings (Loss) Per Share	(3) Earnings (Loss) Per Share Basic and diluted earnings (loss) per share are calculated by dividing each income (loss) category presented below by the weighted-average basic and diluted common shares outstanding for the periods indicated: Three months ended Nine months ended (Amounts in millions, except per share amounts) 2016 2015 2016 2015 Weighted-average common shares used in basic earnings (loss) per common share calculations 498.3 497.4 498.3 497.3 Potentially dilutive securities: Stock options, restricted stock units and stock appreciation rights — — — 1.7 Weighted-average common shares used in diluted earnings (loss) per common share calculations (1) 498.3 497.4 498.3 499.0 Income (loss) from continuing operations: Income (loss) from continuing operations $ (347 ) $ (217 ) $ 21 $ 161 Less: income from continuing operations attributable to noncontrolling interests 48 46 151 150 Income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders $ (395 ) $ (263 ) $ (130 ) $ 11 Basic per common share $ (0.79 ) $ (0.53 ) $ (0.26 ) $ 0.02 Diluted per common share $ (0.79 ) $ (0.53 ) $ (0.26 ) $ 0.02 Income (loss) from discontinued operations: Income (loss) from discontinued operations, net of taxes $ 15 $ (21 ) $ (25 ) $ (334 ) Less: income from discontinued operations, net of taxes, attributable to noncontrolling interests — — — — Income (loss) from discontinued operations, net of taxes, available to Genworth Financial, Inc.’s common stockholders $ 15 $ (21 ) $ (25 ) $ (334 ) Basic per common share $ 0.03 $ (0.04 ) $ (0.05 ) $ (0.67 ) Diluted per common share $ 0.03 $ (0.04 ) $ (0.05 ) $ (0.67 ) Net loss: Income (loss) from continuing operations $ (347 ) $ (217 ) $ 21 $ 161 Income (loss) from discontinued operations, net of taxes 15 (21 ) (25 ) (334 ) Net loss (332 ) (238 ) (4 ) (173 ) Less: net income attributable to noncontrolling interests 48 46 151 150 Net loss available to Genworth Financial, Inc.’s common stockholders $ (380 ) $ (284 ) $ (155 ) $ (323 ) Basic per common share $ (0.76 ) $ (0.57 ) $ (0.31 ) $ (0.65 ) Diluted per common share $ (0.76 ) $ (0.57 ) $ (0.31 ) $ (0.65 ) (1) Under applicable accounting guidance, companies in a loss position are required to use basic weighted-average common shares outstanding in the calculation of diluted loss per share. Therefore, as a result of our loss from continuing operations available to Genworth Financial, Inc.’s common stockholders for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, we were required to use basic weighted-average common shares outstanding in the calculation of diluted loss per share for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, as the inclusion of shares for stock options, restricted stock units and stock appreciation rights of 2.2 million, 1.3 million and 1.8 million, respectively, would have been antidilutive to the calculation. If we had not incurred a loss from continuing operations available to Genworth Financial, Inc.’s common stockholders for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, dilutive potential weighted-average common shares outstanding would have been 500.5 million, 498.7 million and 500.1 million, respectively.

Investments

Investments	9 Months Ended
	Sep. 30, 2016
Investments	(4) Investments (a) Net Investment Income Sources of net investment income were as follows for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Fixed maturity securities—taxable $ 655 $ 647 $ 1,930 $ 1,924 Fixed maturity securities—non-taxable 3 3 9 9 Commercial mortgage loans 79 84 237 252 Restricted commercial mortgage loans related to securitization entities 3 3 8 10 Equity securities 8 3 20 11 Other invested assets 34 26 105 103 Restricted other invested assets related to securitization entities — 1 3 3 Policy loans 38 33 107 101 Cash, cash equivalents and short-term investments 5 3 16 10 Gross investment income before expenses and fees 825 803 2,435 2,423 Expenses and fees (20 ) (20 ) (62 ) (66 ) Net investment income $ 805 $ 783 $ 2,373 $ 2,357 (b) Net Investment Gains (Losses) The following table sets forth net investment gains (losses) for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Available-for-sale securities: Realized gains $ 39 $ 14 $ 205 $ 49 Realized losses (24 ) (18 ) (75 ) (36 ) Net realized gains (losses) on available-for-sale securities 15 (4 ) 130 13 Impairments: Total other-than-temporary impairments (2 ) (10 ) (35 ) (13 ) Portion of other-than-temporary impairments included in other comprehensive income (loss) — 1 — 1 Net other-than-temporary impairments (2 ) (9 ) (35 ) (12 ) Trading securities (4 ) 12 40 2 Commercial mortgage loans (1 ) 1 1 5 Net gains (losses) related to securitization entities 2 (1 ) (51 ) 9 Derivative instruments (1) 10 (53 ) (52 ) (79 ) Contingent consideration adjustment — 2 (2 ) 2 Other — 1 — 1 Net investment gains (losses) $ 20 $ (51 ) $ 31 $ (59 ) (1) See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses). We generally intend to hold securities in unrealized loss positions until they recover. However, from time to time, our intent on an individual security may change, based upon market or other unforeseen developments. In such instances, we sell securities in the ordinary course of managing our portfolio to meet diversification, credit quality, yield and liquidity requirements. If a loss is recognized from a sale subsequent to a balance sheet date due to these unexpected developments, the loss is recognized in the period in which we determined that we have the intent to sell the securities or it is more likely than not that we will be required to sell the securities prior to recovery. The aggregate fair value of securities sold at a loss during the three months ended September 30, 2016 and 2015 was $293 million and $186 million, respectively, which was approximately 95% and 93%, respectively, of book value. The aggregate fair value of securities sold at a loss during the nine months ended September 30, 2016 and 2015 was $833 million and $470 million, respectively, which was approximately 93% and 94%, respectively, of book value. The following represents the activity for credit losses recognized in net income (loss) on debt securities where an other-than-temporary impairment was identified and a portion of other-than-temporary impairments was included in other comprehensive income (loss) (“OCI”) as of and for the periods indicated: As of or for the As of or for the (Amounts in millions) 2016 2015 2016 2015 Beginning balance $ 62 $ 75 $ 64 $ 83 Additions: Other-than-temporary impairments not previously recognized — — 1 — Reductions: Securities sold, paid down or disposed (8 ) (9 ) (11 ) (17 ) Ending balance $ 54 $ 66 $ 54 $ 66 (c) Unrealized Investment Gains and Losses Net unrealized gains and losses on available-for-sale investment securities reflected as a separate component of accumulated other comprehensive income (loss) were as follows as of the dates indicated: (Amounts in millions) September 30, 2016 December 31, 2015 Net unrealized gains (losses) on investment securities: Fixed maturity securities $ 6,621 $ 3,140 Equity securities (2 ) (10 ) Subtotal 6,619 3,130 Adjustments to deferred acquisition costs, present value of future profits, sales inducements and benefit reserves (2,045 ) (1,070 ) Income taxes, net (1,595 ) (711 ) Net unrealized investment gains (losses) 2,979 1,349 Less: net unrealized investment gains (losses) attributable to noncontrolling interests 119 95 Net unrealized investment gains (losses) attributable to Genworth Financial, Inc. $ 2,860 $ 1,254 The change in net unrealized gains (losses) on available-for-sale investment securities reported in accumulated other comprehensive income (loss) was as follows as of and for the periods indicated: As of or for the (Amounts in millions) 2016 2015 Beginning balance $ 2,789 $ 1,628 Unrealized gains (losses) arising during the period: Unrealized gains (losses) on investment securities 228 70 Adjustment to deferred acquisition costs (17 ) 32 Adjustment to present value of future profits 3 (5 ) Adjustment to sales inducements (6 ) 9 Adjustment to benefit reserves (81 ) 23 Provision for income taxes (41 ) (50 ) Change in unrealized gains (losses) on investment securities 86 79 Reclassification adjustments to net investment (gains) losses, net of taxes of $4 and $(5) (9 ) 8 Change in net unrealized investment gains (losses) 77 87 Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests 6 (16 ) Ending balance $ 2,860 $ 1,731 As of or for the (Amounts in millions) 2016 2015 Beginning balance $ 1,254 $ 2,453 Unrealized gains (losses) arising during the period: Unrealized gains (losses) on investment securities 3,584 (1,393 ) Adjustment to deferred acquisition costs (291 ) 102 Adjustment to present value of future profits (26 ) 45 Adjustment to sales inducements (46 ) 12 Adjustment to benefit reserves (612 ) 111 Provision for income taxes (917 ) 396 Change in unrealized gains (losses) on investment securities 1,692 (727 ) Reclassification adjustments to net investment (gains) losses, net of taxes of $33 and $— (62 ) (1 ) Change in net unrealized investment gains (losses) 1,630 (728 ) Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests 24 (6 ) Ending balance $ 2,860 $ 1,731 (d) Fixed Maturity and Equity Securities As of September 30, 2016, the amortized cost or cost, gross unrealized gains (losses) and fair value of our fixed maturity and equity securities classified as available-for-sale were as follows: Gross unrealized gains Gross unrealized losses (Amounts in millions) Amortized Not other-than- Other-than- Not other-than- Other-than- Fair Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 5,416 $ 1,288 $ — $ (1 ) $ — $ 6,703 State and political subdivisions 2,491 350 — (17 ) — 2,824 Non-U.S. government 2,052 175 — — — 2,227 U.S. corporate: Utilities 4,073 678 — (2 ) — 4,749 Energy 2,124 177 — (22 ) — 2,279 Finance and insurance 5,711 615 23 (9 ) — 6,340 Consumer—non-cyclical 4,190 689 — (1 ) — 4,878 Technology and communications 2,486 248 — (8 ) — 2,726 Industrial 1,181 114 — (4 ) — 1,291 Capital goods 1,876 319 — — — 2,195 Consumer—cyclical 1,506 158 — (4 ) — 1,660 Transportation 1,077 138 — — — 1,215 Other 335 27 — — — 362 Total U.S. corporate 24,559 3,163 23 (50 ) — 27,695 Non-U.S. corporate: Utilities 899 64 — (2 ) — 961 Energy 1,281 129 — (15 ) — 1,395 Finance and insurance 2,458 201 — (1 ) — 2,658 Consumer—non-cyclical 768 55 — (1 ) — 822 Technology and communications 968 80 — (1 ) — 1,047 Industrial 955 68 — (5 ) — 1,018 Capital goods 545 36 — (1 ) — 580 Consumer—cyclical 490 15 — — — 505 Transportation 605 81 — (3 ) — 683 Other 3,039 305 — (5 ) — 3,339 Total non-U.S. corporate 12,008 1,034 — (34 ) — 13,008 Residential mortgage-backed 4,418 396 11 (2 ) — 4,823 Commercial mortgage-backed 2,983 192 2 (4 ) — 3,173 Other asset-backed 3,324 28 1 (26 ) — 3,327 Total fixed maturity securities 57,251 6,626 37 (134 ) — 63,780 Equity securities 599 26 — (35 ) — 590 Total available-for-sale securities $ 57,850 $ 6,652 $ 37 $ (169 ) $ — $ 64,370 As of December 31, 2015, the amortized cost or cost, gross unrealized gains (losses) and fair value of our fixed maturity and equity securities classified as available-for-sale were as follows: Gross unrealized gains Gross unrealized losses (Amounts in millions) Amortized Not other-than- Other-than- Not other-than- Other-than- Fair Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 5,487 $ 732 $ — $ (16 ) $ — $ 6,203 State and political subdivisions 2,287 181 — (30 ) — 2,438 Non-U.S. government 1,910 110 — (5 ) — 2,015 U.S. corporate: Utilities 3,355 364 — (26 ) — 3,693 Energy 2,560 103 — (162 ) — 2,501 Finance and insurance 5,268 392 15 (43 ) — 5,632 Consumer—non-cyclical 3,755 371 — (30 ) — 4,096 Technology and communications 2,108 123 — (38 ) — 2,193 Industrial 1,164 53 — (44 ) — 1,173 Capital goods 1,774 188 — (12 ) — 1,950 Consumer—cyclical 1,602 95 — (22 ) — 1,675 Transportation 1,023 75 — (12 ) — 1,086 Other 385 22 — (5 ) — 402 Total U.S. corporate 22,994 1,786 15 (394 ) — 24,401 Non-U.S. corporate: Utilities 815 37 — (9 ) — 843 Energy 1,700 64 — (78 ) — 1,686 Finance and insurance 2,327 152 2 (8 ) — 2,473 Consumer—non-cyclical 746 24 — (18 ) — 752 Technology and communications 978 36 — (26 ) — 988 Industrial 1,063 19 — (96 ) — 986 Capital goods 602 19 — (17 ) — 604 Consumer—cyclical 522 8 — (4 ) — 526 Transportation 559 52 — (6 ) — 605 Other 2,574 187 — (25 ) — 2,736 Total non-U.S. corporate 11,886 598 2 (287 ) — 12,199 Residential mortgage-backed 4,777 330 11 (17 ) — 5,101 Commercial mortgage-backed 2,492 84 3 (20 ) — 2,559 Other asset-backed 3,328 11 1 (59 ) — 3,281 Total fixed maturity securities 55,161 3,832 32 (828 ) — 58,197 Equity securities 325 8 — (23 ) — 310 Total available-for-sale securities $ 55,486 $ 3,840 $ 32 $ (851 ) $ — $ 58,507 The following table presents the gross unrealized losses and fair values of our investment securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, as of September 30, 2016: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 300 $ (1 ) 6 $ — $ — — $ 300 $ (1 ) 6 State and political subdivisions 92 (1 ) 14 143 (16 ) 12 235 (17 ) 26 U.S. corporate 808 (18 ) 120 693 (32 ) 104 1,501 (50 ) 224 Non-U.S. corporate 261 (6 ) 48 414 (28 ) 56 675 (34 ) 104 Residential mortgage-backed 67 (1 ) 22 57 (1 ) 30 124 (2 ) 52 Commercial mortgage-backed 234 (3 ) 34 27 (1 ) 10 261 (4 ) 44 Other asset-backed 433 (4 ) 70 356 (22 ) 68 789 (26 ) 138 Subtotal, fixed maturity securities 2,195 (34 ) 314 1,690 (100 ) 280 3,885 (134 ) 594 Equity securities 94 (5 ) 191 123 (30 ) 47 217 (35 ) 238 Total for securities in an unrealized loss position $ 2,289 $ (39 ) 505 $ 1,813 $ (130 ) 327 $ 4,102 $ (169 ) 832 % Below cost—fixed maturity securities: <20% Below cost $ 2,195 $ (34 ) 314 $ 1,604 $ (69 ) 270 $ 3,799 $ (103 ) 584 20%-50% Below cost — — — 86 (31 ) 10 86 (31 ) 10 Total fixed maturity securities 2,195 (34 ) 314 1,690 (100 ) 280 3,885 (134 ) 594 % Below cost—equity securities: <20% Below cost 93 (4 ) 181 55 (10 ) 22 148 (14 ) 203 20%-50% Below cost 1 (1 ) 10 68 (20 ) 25 69 (21 ) 35 Total equity securities 94 (5 ) 191 123 (30 ) 47 217 (35 ) 238 Total for securities in an unrealized loss position $ 2,289 $ (39 ) 505 $ 1,813 $ (130 ) 327 $ 4,102 $ (169 ) 832 Investment grade $ 2,098 $ (25 ) 297 $ 1,351 $ (100 ) 245 $ 3,449 $ (125 ) 542 Below investment grade 191 (14 ) 208 462 (30 ) 82 653 (44 ) 290 Total for securities in an unrealized loss position $ 2,289 $ (39 ) 505 $ 1,813 $ (130 ) 327 $ 4,102 $ (169 ) 832 The following table presents the gross unrealized losses and fair values of our corporate securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of September 30, 2016: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities U.S. corporate: Utilities $ 113 $ (1 ) 22 $ 23 $ (1 ) 4 $ 136 $ (2 ) 26 Energy 112 (7 ) 13 290 (15 ) 46 402 (22 ) 59 Finance and insurance 227 (3 ) 32 108 (6 ) 16 335 (9 ) 48 Consumer—non-cyclical 108 (1 ) 15 — — — 108 (1 ) 15 Technology and communications 101 (2 ) 15 138 (6 ) 19 239 (8 ) 34 Industrial 34 (1 ) 6 108 (3 ) 13 142 (4 ) 19 Consumer—cyclical 113 (3 ) 17 26 (1 ) 6 139 (4 ) 23 Subtotal, U.S. corporate securities 808 (18 ) 120 693 (32 ) 104 1,501 (50 ) 224 Non-U.S. corporate: Utilities 16 (1 ) 2 14 (1 ) 1 30 (2 ) 3 Energy 72 (1 ) 11 122 (14 ) 22 194 (15 ) 33 Finance and insurance 72 (1 ) 15 — — — 72 (1 ) 15 Consumer—non-cyclical 49 (1 ) 5 — — — 49 (1 ) 5 Technology and communications — — — 28 (1 ) 3 28 (1 ) 3 Industrial 26 (1 ) 6 103 (4 ) 15 129 (5 ) 21 Capital goods — — — 34 (1 ) 3 34 (1 ) 3 Transportation — — — 49 (3 ) 4 49 (3 ) 4 Other 26 (1 ) 9 64 (4 ) 8 90 (5 ) 17 Subtotal, non-U.S. corporate securities 261 (6 ) 48 414 (28 ) 56 675 (34 ) 104 Total for corporate securities in an unrealized loss position $ 1,069 $ (24 ) 168 $ 1,107 $ (60 ) 160 $ 2,176 $ (84 ) 328 As indicated in the tables above, the majority of the securities in a continuous unrealized loss position for less than 12 months were investment grade and less than 20% below cost. These unrealized losses were primarily attributable to increased market volatility, mostly concentrated in our corporate securities. For securities that have been in a continuous unrealized loss position for less than 12 months, the average fair value percentage below cost was approximately 2% as of September 30, 2016. Fixed Maturity Securities In A Continuous Unrealized Loss Position For 12 Months Or More Of the $69 million of unrealized losses on fixed maturity securities in a continuous unrealized loss for 12 months or more that were less than 20% below cost, the weighted-average rating was “BBB-” and approximately 65% of the unrealized losses were related to investment grade securities as of September 30, 2016. These unrealized losses were predominantly attributable to corporate securities including variable rate securities purchased in a higher rate and lower spread environment. The average fair value percentage below cost for these securities was approximately 4% as of September 30, 2016. See below for additional discussion related to fixed maturity securities that have been in a continuous unrealized loss position for 12 months or more with a fair value that was more than 20% below cost. The following tables present the concentration of gross unrealized losses and fair values of fixed maturity securities that were more than 20% below cost and in a continuous unrealized loss position for 12 months or more by asset class as of September 30, 2016: Investment Grade 20% to 50% Greater than 50% (Dollar amounts in millions) Fair Gross % of total Number of Fair Gross % of total Number of Fixed maturity securities: State and political subdivisions $ 9 $ (3 ) 2 % 1 $ — $ — — % — U.S. corporate: Energy 13 (4 ) 2 1 — — — — Finance and insurance 12 (3 ) 2 1 — — — — Total U.S. corporate 25 (7 ) 4 2 — — — — Structured securities: Other asset-backed 43 (17 ) 10 4 — — — — Total structured securities 43 (17 ) 10 4 — — — — Total $ 77 $ (27 ) 16 % 7 $ — $ — — % — Below Investment Grade 20% to 50% Greater than 50% (Dollar amounts in millions) Fair Gross % of total Number of Fair Gross % of total Number of Fixed maturity securities: U.S. corporate: Energy $ 4 $ (2 ) 1 % 1 $ — $ — — % — Total U.S. corporate 4 (2 ) 1 1 — — — — Non-U.S. corporate: Energy 3 (1 ) 1 1 — — — — Total non-U.S. corporate 3 (1 ) 1 1 — — — — Structured securities: Other asset-backed 2 (1 ) 1 1 — — — — Total structured securities 2 (1 ) 1 1 — — — — Total $ 9 $ (4 ) 3 % 3 $ — $ — — % — For all securities in an unrealized loss position, we expect to recover the amortized cost based on our estimate of the amount and timing of cash flows to be collected. We do not intend to sell nor do we expect that we will be required to sell these securities prior to recovering our amortized cost. See below for further discussion of gross unrealized losses by asset class. U.S. corporate As indicated above, $9 million of gross unrealized losses were related to U.S. corporate fixed maturity securities that have been in an unrealized loss position for more than 12 months and were more than 20% below cost. Of the total unrealized losses for U.S. corporate fixed maturity securities, $6 million, or 67%, related to the energy sector and $3 million, or 33%, related to the finance and insurance sector. Ongoing low oil prices and market volatility adversely impacted the fair value of these securities. We expect that our investments in U.S. corporate securities will continue to perform in accordance with our expectations about the amount and timing of estimated cash flows. Although we do not anticipate such events, it is reasonably possible that issuers of our investments in U.S. corporate securities may perform worse than current expectations. Such events may lead us to recognize write-downs within our portfolio of U.S. corporate securities in the future. Structured Securities Of the $18 million of unrealized losses related to structured securities that have been in an unrealized loss position for 12 months or more and were more than 20% below cost, none related to other-than-temporarily impaired securities where the unrealized losses represented the portion of the other-than-temporary impairment recognized in OCI. The extent and duration of the unrealized loss position on our structured securities was primarily due to credit spreads that have widened since acquisition. Additionally, the fair value of certain structured securities has been impacted from high risk premiums being incorporated into the valuation as a result of the amount of potential losses that may be absorbed by the security in the event of additional deterioration in the U.S. economy. While we consider the length of time each security had been in an unrealized loss position, the extent of the unrealized loss position and any significant declines in fair value subsequent to the balance sheet date in our evaluation of impairment for each of these individual securities, the primary factor in our evaluation of impairment is the expected performance for each of these securities. Our evaluation of expected performance is based on the historical performance of the associated securitization trust as well as the historical performance of the underlying collateral. Our examination of the historical performance of the securitization trust included consideration of the following factors for each class of securities issued by the trust: (i) the payment history, including failure to make scheduled payments; (ii) current payment status; (iii) current and historical outstanding balances; (iv) current levels of subordination and losses incurred to date; and (v) characteristics of the underlying collateral. Our examination of the historical performance of the underlying collateral included: (i) historical default rates, delinquency rates, voluntary and involuntary prepayments and severity of losses, including recent trends in this information; (ii) current payment status; (iii) loan to collateral value ratios, as applicable; (iv) vintage; and (v) other underlying characteristics such as current financial condition. We use our assessment of the historical performance of both the securitization trust and the underlying collateral for each security, along with third-party sources, when available, to develop our best estimate of cash flows expected to be collected. These estimates reflect projections for future delinquencies, prepayments, defaults and losses for the assets that collateralize the securitization trust and are used to determine the expected cash flows for our security, based on the payment structure of the trust. Our projection of expected cash flows is primarily based on the expected performance of the underlying assets that collateralize the securitization trust and is not directly impacted by the rating of our security. While we consider the rating of the security as an indicator of the financial condition of the issuer, this factor does not have a significant impact on our expected cash flows for each security. In limited circumstances, our expected cash flows include expected payments from reliable financial guarantors where we believe the financial guarantor will have sufficient assets to pay claims under the financial guarantee when the cash flows from the securitization trust are not sufficient to make scheduled payments. We then discount the expected cash flows using the effective yield of each security to determine the present value of expected cash flows. Based on this evaluation, the present value of expected cash flows was greater than or equal to the amortized cost for each security. Accordingly, we determined that the unrealized losses on each of our structured securities represented temporary impairments as of September 30, 2016. Despite the considerable analysis and rigor employed on our structured securities, it is reasonably possible that the underlying collateral of these investments may perform worse than current market expectations. Such events may lead to adverse changes in cash flows on our holdings of structured securities and future write-downs within our portfolio of structured securities. The following table presents the gross unrealized losses and fair values of our investment securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, as of December 31, 2015: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 883 $ (16 ) 32 $ — $ — — $ 883 $ (16 ) 32 State and political subdivisions 464 (15 ) 81 163 (15 ) 17 627 (30 ) 98 Non-U.S. government 366 (5 ) 49 — — — 366 (5 ) 49 U.S. corporate 5,836 (332 ) 817 466 (62 ) 83 6,302 (394 ) 900 Non-U.S. corporate 3,016 (170 ) 400 486 (117 ) 87 3,502 (287 ) 487 Residential mortgage-backed 756 (10 ) 88 103 (7 ) 38 859 (17 ) 126 Commercial mortgage-backed 780 (19 ) 116 39 (1 ) 13 819 (20 ) 129 Other asset-backed 1,944 (22 ) 349 336 (37 ) 55 2,280 (59 ) 404 Subtotal, fixed maturity securities 14,045 (589 ) 1,932 1,593 (239 ) 293 15,638 (828 ) 2,225 Equity securities 153 (23 ) 64 — — — 153 (23 ) 64 Total for securities in an unrealized loss position $ 14,198 $ (612 ) 1,996 $ 1,593 $ (239 ) 293 $ 15,791 $ (851 ) 2,289 % Below cost—fixed maturity securities: <20% Below cost $ 13,726 $ (472 ) 1,877 $ 1,259 $ (78 ) 238 $ 14,985 $ (550 ) 2,115 20%-50% Below cost 319 (116 ) 54 316 (139 ) 50 635 (255 ) 104 >50% Below cost — (1 ) 1 18 (22 ) 5 18 (23 ) 6 Total fixed maturity securities 14,045 (589 ) 1,932 1,593 (239 ) 293 15,638 (828 ) 2,225 % Below cost—equity securities: <20% Below cost 133 (18 ) 56 — — — 133 (18 ) 56 20%-50% Below cost 20 (5 ) 8 — — — 20 (5 ) 8 Total equity securities 153 (23 ) 64 — — — 153 (23 ) 64 Total for securities in an unrealized loss position $ 14,198 $ (612 ) 1,996 $ 1,593 $ (239 ) 293 $ 15,791 $ (851 ) 2,289 Investment grade $ 13,342 $ (524 ) 1,834 $ 1,245 $ (135 ) 225 $ 14,587 $ (659 ) 2,059 Below investment grade 856 (88 ) 162 348 (104 ) 68 1,204 (192 ) 230 Total for securities in an unrealized loss position $ 14,198 $ (612 ) 1,996 $ 1,593 $ (239 ) 293 $ 15,791 $ (851 ) 2,289 The following table presents the gross unrealized losses and fair values of our corporate securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of December 31, 2015: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities U.S. corporate: Utilities $ 485 $ (25 ) 74 $ 14 $ (1 ) 7 $ 499 $ (26 ) 81 Energy 1,162 (134 ) 163 131 (28 ) 22 1,293 (162 ) 185 Finance and insurance 1,142 (35 ) 160 94 (8 ) 15 1,236 (43 ) 175 Consumer—non-cyclical 836 (26 ) 107 51 (4 ) 10 887 (30 ) 117 Technology and communications 658 (36 ) 95 23 (2 ) 5 681 (38 ) 100 Industrial 476 (33 ) 64 44 (11 ) 9 520 (44 ) 73 Capital goods 293 (10 ) 48 26 (2 ) 4 319 (12 ) 52 Consumer—cyclical 427 (18 ) 60 63 (4 ) 10 490 (22 ) 70 Transportation 273 (10 ) 38 20 (2 ) 1 293 (12 ) 39 Other 84 (5 ) 8 — — — 84 (5 ) 8 Subtotal, U.S. corporate securities 5,836 (332 ) 817 466 (62 ) 83 6,302 (394 ) 900 Non-U.S. corporate: Utilities 130 (6 ) 20 32 (3 ) 6 162 (9 ) 26 Energy 589 (48 ) 71 127 (30 ) 20 716 (78 ) 91 Finance and insurance 478 (7 ) 77 30 (1 ) 8 508 (8 ) 85 Consumer—non-cyclical 261 (14 ) 27 37 (4 ) 4 298 (18 ) 31 Technology and communications 324 (15 ) 37 33 (11 ) 9 357 (26 ) 46 Industrial 495 (54 ) 67 110 (42 ) 18 605 (96 ) 85 Capital goods 154 (8 ) 22 41 (9 ) 9 195 (17 ) 31 Consumer—cyclical 155 (4 ) 20 — — — 155 (4 ) 20 Transportation 147 (6 ) 17 — — — 147 (6 ) 17 Other 283 (8 ) 42 76 (17 ) 13 359 (25 ) 55 Subtotal, non-U.S. corporate securities 3,016 (170 ) 400 486 (117 ) 87 3,502 (287 ) 487 Total for corporate securities in an unrealized loss position $ 8,852 $ (502 ) 1,217 $ 952 $ (179 ) 170 $ 9,804 $ (681 ) 1,387 The scheduled maturity distribution of fixed maturity securities as of September 30, 2016 is set forth below. Actual maturities may differ from contractual maturities because issuers of securities may have the right to call or prepay obligations with or without call or prepayment penalties. (Amounts in millions) Amortized Fair Due one year or less $ 1,752 $ 1,775 Due after one year through five years 10,704 11,309 Due after five years through ten years 12,300 13,129 Due after ten years 21,770 26,244 Subtotal 46,526 52,457 Residential mortgage-backed 4,418 4,823 Commercial mortgage-backed 2,983 3,173 Other asset-backed 3,324 3,327 Total $ 57,251 $ 63,780 As of September 30, 2016, $10,260 million of our investments (excluding mortgage-backed and asset-backed securities) were subject to certain call provisions. As of September 30, 2016, securities issued by finance and insurance, utilities and consumer—non-cyclical industry groups represented approximately 22%, 14% and 14%, respectively, of our domestic and foreign corporate fixed maturity securities portfolio. No other industry group comprised more than 10% of our investment portfolio. As of September 30, 2016, we did not hold any fixed maturity securities in any single issuer, other than securities issued or guaranteed by the U.S. government, which exceeded 10% of stockholders’ equity. (e) Commercial Mortgage Loans Our mortgage loans are collateralized by commercial properties, including multi-family residential buildings. The carrying value of commercial mortgage loans is stated at original cost net of principal payments, amortization and allowance for loan losses. We diversify our commercial mortgage loans by both property type and geographic region. The following tables set forth the distribution across property type and geographic region for commercial mortgage loans as of the dates indicated: September 30, December 31, (Amounts in millions) Carrying % of Carrying % of Property type: Retail $ 2,099 35 % $ 2,116 34 % Industrial 1,544 26 1,562 25 Office 1,421 23 1,516 24 Apartments 449 7 465 8 Mixed use 232 4 234 4 Other 287 5 294 5 Subtotal 6,032 100 % 6,187 100 % Unamortized balance of loan origination fees and costs (2 ) (2 ) Allowance for losses (13 ) (15 ) Total $ 6,017 $ 6,170 September 30, December 31, (Amounts in millions) Carrying % of Carrying % of Geographic region: Pacific $ 1,563 27 % $ 1,581 26 % South Atlantic 1,506 25 1,574 25 Middle Atlantic 886 15 890 14 Mountain 549 9 585 10 West North Central 443 7 416 7 East North Central 382 6 386 6 West South Central 305 5 294 5 New England 208 3 268 4 East South Central 190 3 193 3 Subtotal 6,032 100 % 6,187 100 % Unamortized balance of loan origination fees and costs (2 ) (2 ) Allowance for losses (13 ) (15 ) Total $ 6,017 $ 6,170 The following tables set forth the aging of past due commercial mortgage loans by property type as of the dates indicated: September 30, 2016 (Amounts in millions) 31 - 60 days 61 - 90 days Greater than Total Current Total Property type: Retail $ — $ — $ 5 $ 5 $ 2,094 $ 2,099 Industrial — — 12 12 1,532 1,544 Office — — 4 4 1,417 1,421 Apartments — — — — 449 449 Mixed use — — — — 232 232 Other — — — — 287 287 Total recorded investment $ — $ — $ 21 $ 21 $ 6,011 $ 6,032 % of total commercial mortgage loans — % — % — % — % 100 % 100 % December 31, 2015 (Amounts in millions) 31 - 60 days 61 - 90 days Greater than Total Current Total Property type: Retail $ — $ — $ — $ — $ 2,116 $ 2,116 Industrial — — — — 1,562 1,562 Office 6 — 5 11 1,505 1,516 Apartments — — — — 465 465 Mixed use — — — — 234 234 Other — — — — 294 294 Total recorded investment $ 6 $ — $ 5 $ 11 $ 6,176 $ 6,187 % of total commercial mortgage loans — % — % — % — % 100 % 100 % As of September 30, 2016 and December 31, 2015, we had no commercial mortgage loans that were past due for more than 90 days and still accruing interest. We also did not have any commercial mortgage loans that were past due for less than 90 days on non-accrual status as of September 30, 2016 and December 31, 2015. We evaluate the impairment of commercial mortgage loans on an individual loan basis. As of September 30, 2016, our commercial mortgage loans greater than 90 days past due included loans with appraised values in excess of the recorded investment and the current recorded investment of the loans was expected to be recoverable. During the nine months ended September 30, 2016 and the year ended December 31, 2015, we modified or extended 10 and 21 commercial mortgage loans, respectively, with a total carrying value of $63 million and $110 million, respectively. All of these modifications or extensions were based on current market interest rates, did not result in any forgiveness in the outstanding principal amount owed by the borrower, but one loan with a carrying value $1 million at the time of modification was considered a troubled debt restructuring. This loan was impaired in the third quarter and the recorded investment was less than $1 million as of September 30, 2016. The following table sets forth the allowance for credit losses and recorded investment in commercial mortgage loans as of or for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Allowance for credit losses: Beginning balance $ 13 $ 18 $ 15 $ 22 Charge-offs — (1 ) (4 ) (4 ) Provision — — 2 (1 ) Ending balance $ 13 $ 17 $ 13 $ 17 Ending allowance for individually impaired loans $ — $ — $ — $ — Ending allowance for loans not individually impaired that were evaluated collectively for impairment $ 13 $ 17 $ 13 $ 17 Recorded investment: Ending balance $ 6,032 $ 6,151 $ 6,032 $ 6,151 Ending balance of individually impaired loans $ 17 $ 19 $ 17 $ 19 Ending balance of loans not individually impaired that were evaluated collectively for impairment $ 6,015 $ 6,132 $ 6,015 $ 6,132 As of September 30, 2016, we had individually impaired commercial mortgage loans included within the retail property type with a recorded investment of $5 million, an unpaid principal balance of $7 million, charge-offs of $2 million and an average recorded investment of $3 million. As of December 31, 2015, we had an individually impaired commercial mortgage loan included within the industrial property type with a recorded investment of $14 million, an unpaid principal balance of $15 million and charge-offs of $1 million, which were recorded in the first quarter of 2014. As of December 31, 2015, this loan had interest income of $1 million. In the second quarter of 2016, we recorded additional charge-offs of $2 million related to this loan. As of September 30, 2016, the individually impaired loan within the industrial property type had a recorded investment of $12 million, an unpaid principal balance of $15 million and total charge-offs of $3 million. As of December 31, 2015, we had an individually impaired commercial mortgage loan included within the office propert

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2016
Derivative Instruments	(5) Derivative Instruments Our business activities routinely deal with fluctuations in interest rates, equity prices, currency exchange rates and other asset and liability prices. We use derivative instruments to mitigate or reduce certain of these risks. We have established policies for managing each of these risks, including prohibitions on derivatives market-making and other speculative derivatives activities. These policies require the use of derivative instruments in concert with other techniques to reduce or mitigate these risks. While we use derivatives to mitigate or reduce risks, certain derivatives do not meet the accounting requirements to be designated as hedging instruments and are denoted as “derivatives not designated as hedges” in the following disclosures. For derivatives that meet the accounting requirements to be designated as hedges, the following disclosures for these derivatives are denoted as “derivatives designated as hedges,” which include both cash flow and fair value hedges. The following table sets forth our positions in derivative instruments as of the dates indicated: Derivative assets Derivative liabilities Fair value Fair value (Amounts in millions) Balance sheet September 30, December 31, Balance sheet September 30, December 31, Derivatives designated as hedges Cash flow hedges: Interest rate swaps Other invested assets $ 735 $ 629 Other liabilities $ 89 $ 37 Inflation indexed swaps Other invested assets — — Other liabilities — 33 Foreign currency swaps Other invested assets 6 8 Other liabilities — — Total cash flow hedges 741 637 89 70 Total derivatives designated as hedges 741 637 89 70 Derivatives not designated as hedges Interest rate swaps Other invested assets 525 425 Other liabilities 308 183 Interest rate swaps related to securitization entities Restricted other invested assets — — Other liabilities — 30 Foreign currency swaps Other invested assets — — Other liabilities 5 27 Credit default swaps Other invested assets — 1 Other liabilities — — Credit default swaps related to securitization entities Restricted other invested assets — — Other liabilities 2 14 Equity index options Other invested assets 61 30 Other liabilities — — Financial futures Other invested assets — — Other liabilities — — Equity return swaps Other invested assets — 2 Other liabilities 5 1 Other foreign currency contracts Other invested assets 4 17 Other liabilities 32 34 GMWB embedded derivatives Reinsurance recoverable (1) 24 17 Policyholder account balances (2) 439 352 Fixed index annuity embedded derivatives Other assets — — Policyholder account balances (3) 364 342 Indexed universal life embedded derivatives Reinsurance recoverable — — Policyholder account balances (4) 13 10 Total derivatives not designated as hedges 614 492 1,168 993 Total derivatives $ 1,355 $ 1,129 $ 1,257 $ 1,063 (1) Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities. (2) Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. (3) Represents the embedded derivatives associated with our fixed index annuity liabilities. (4) Represents the embedded derivatives associated with our indexed universal life liabilities. The fair value of derivative positions presented above was not offset by the respective collateral amounts retained or provided under these agreements. The activity associated with derivative instruments can generally be measured by the change in notional value over the periods presented. However, for GMWB, fixed index annuity embedded derivatives and indexed universal life embedded derivatives, the change between periods is best illustrated by the number of policies. The following tables represent activity associated with derivative instruments as of the dates indicated: (Notional in millions) Measurement December 31, Additions Maturities/ September 30, Derivatives designated as hedges Cash flow hedges: Interest rate swaps Notional $ 11,214 $ 9,414 $ (9,587 ) $ 11,041 Inflation indexed swaps Notional 571 1 (572 ) — Foreign currency swaps Notional 35 — — 35 Total cash flow hedges 11,820 9,415 (10,159 ) 11,076 Total derivatives designated as hedges 11,820 9,415 (10,159 ) 11,076 Derivatives not designated as hedges Interest rate swaps Notional 4,932 — (253 ) 4,679 Interest rate swaps related to securitization entities Notional 67 — (67 ) — Foreign currency swaps Notional 162 133 (97 ) 198 Credit default swaps Notional 144 — (5 ) 139 Credit default swaps related to securitization entities Notional 312 — — 312 Equity index options Notional 1,080 2,346 (1,097 ) 2,329 Financial futures Notional 1,331 5,393 (5,255 ) 1,469 Equity return swaps Notional 134 211 (184 ) 161 Other foreign currency contracts Notional 1,656 1,551 (535 ) 2,672 Total derivatives not designated as hedges 9,818 9,634 (7,493 ) 11,959 Total derivatives $ 21,638 $ 19,049 $ (17,652 ) $ 23,035 (Number of policies) Measurement December 31, Additions Maturities/ September 30, Derivatives not designated as hedges GMWB embedded derivatives Policies 36,146 — (2,179 ) 33,967 Fixed index annuity embedded derivatives Policies 17,482 647 (462 ) 17,667 Indexed universal life embedded derivatives Policies 982 167 (48 ) 1,101 Cash Flow Hedges Certain derivative instruments are designated as cash flow hedges. The changes in fair value of these instruments are recorded as a component of OCI. We designate and account for the following as cash flow hedges when they have met the effectiveness requirements: (i) various types of interest rate swaps to convert floating rate investments to fixed rate investments; (ii) various types of interest rate swaps to convert floating rate liabilities into fixed rate liabilities; (iii) receive U.S. dollar fixed on foreign currency swaps to hedge the foreign currency cash flow exposure of foreign currency denominated investments; (iv) forward starting interest rate swaps to hedge against changes in interest rates associated with future fixed rate bond purchases and/or interest income; (v) forward bond purchase commitments to hedge against the variability in the anticipated cash flows required to purchase future fixed rate bonds; and (vi) other instruments to hedge the cash flows of various forecasted transactions. The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the three months ended September 30, 2016: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) (1) Classification of gain Interest rate swaps hedging assets $ 115 $ 27 Net investment $ 2 Net investment gains (losses) Interest rate swaps hedging liabilities (2 ) — Interest expense — Net investment gains (losses) Foreign currency swaps (1 ) — Net investment — Net investment gains (losses) Total $ 112 $ 27 $ 2 (1) Represents ineffective portion of cash flow hedges as there were no amounts excluded from the measurement of effectiveness. The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the three months ended September 30, 2015: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) (1) Classification of gain Interest rate swaps hedging assets $ 344 $ 22 Net investment $ 4 Net investment gains (losses) Interest rate swaps hedging liabilities (23 ) — Interest expense — Net investment gains (losses) Inflation indexed 32 (5 ) Net investment 1 Net investment gains (losses) Forward bond purchase commitments — 1 Net investment — Net investment gains (losses) Total $ 353 $ 18 $ 5 (1) Represents ineffective portion of cash flow hedges as there were no amounts excluded from the measurement of effectiveness. The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the nine months ended September 30, 2016: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) (1) Classification of gain Interest rate swaps hedging assets $ 839 $ 80 Net investment income $ 13 Net investment gains (losses) Interest rate swaps hedging assets — 1 Net investment gains (losses) — Net investment gains (losses) Interest rate swaps hedging liabilities (52 ) — Interest expense — Net investment gains (losses) Inflation indexed swaps (5 ) 2 Net investment income — Net investment gains (losses) Inflation indexed swaps — 7 Net investment gains (losses) — Net investment gains (losses) Foreign currency swaps (2 ) — Net investment income — Net investment gains (losses) Total $ 780 $ 90 $ 13 (1) Represents ineffective portion of cash flow hedges as there were no amounts excluded from the measurement of effectiveness. The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the nine months ended September 30, 2015: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) (1) Classification of gain Interest rate swaps hedging assets $ 135 $ 61 Net investment income $ 1 Net investment gains (losses) Interest rate swaps hedging liabilities (14 ) — Interest expense — Net investment gains (losses) Inflation indexed swaps 29 (2 ) Net investment income 1 Net investment gains (losses) Foreign currency swaps 2 — Net investment income — Net investment gains (losses) Forward bond purchase commitments — 1 Net investment income — Net investment gains (losses) Total $ 152 $ 60 $ 2 (1) Represents ineffective portion of cash flow hedges as there were no amounts excluded from the measurement of effectiveness. The following tables provide a reconciliation of current period changes, net of applicable income taxes, for these designated derivatives presented in the separate component of stockholders’ equity labeled “derivatives qualifying as hedges,” for the periods indicated: Three months ended (Amounts in millions) 2016 2015 Derivatives qualifying as effective accounting hedges as of July 1 $ 2,439 $ 1,913 Current period increases (decreases) in fair value, net of deferred taxes of $(40) and $(124) 72 229 Reclassification to net (income) loss, net of deferred taxes of $9 and $6 (18 ) (12 ) Derivatives qualifying as effective accounting hedges as of September 30 $ 2,493 $ 2,130 Nine months ended (Amounts in millions) 2016 2015 Derivatives qualifying as effective accounting hedges as of January 1 $ 2,045 $ 2,070 Current period increases (decreases) in fair value, net of deferred taxes of $(273) and $(53) 507 99 Reclassification to net (income) loss, net of deferred taxes of $31 and $21 (59 ) (39 ) Derivatives qualifying as effective accounting hedges as of September 30 $ 2,493 $ 2,130 The total of derivatives designated as cash flow hedges of $2,493 million, net of taxes, recorded in stockholders’ equity as of September 30, 2016 is expected to be reclassified to net income (loss) in the future, concurrently with and primarily offsetting changes in interest expense and interest income on floating rate instruments and interest income on future fixed rate bond purchases. Of this amount, $83 million, net of taxes, is expected to be reclassified to net income (loss) in the next 12 months. Actual amounts may vary from this amount as a result of market conditions. All forecasted transactions associated with qualifying cash flow hedges are expected to occur by 2047. During the three months ended September 30, 2016, there were immaterial amounts reclassified to net income (loss) in connection with forecasted transactions that were no longer considered probable of occurring. During the nine months ended September 30, 2016, we reclassified $6 million to net income (loss) in connection with forecasted transactions that were no longer considered probable of occurring. Fair Value Hedges Certain derivative instruments are designated as fair value hedges. The changes in fair value of these instruments are recorded in net income (loss). In addition, changes in the fair value attributable to the hedged portion of the underlying instrument are reported in net income (loss). We designate and account for the following as fair value hedges when they have met the effectiveness requirements: (i) interest rate swaps to convert fixed rate liabilities into floating rate liabilities; (ii) cross currency swaps to convert non-U.S. dollar fixed rate liabilities to floating rate U.S. dollar liabilities; and (iii) other instruments to hedge various fair value exposures of investments. There were no pre-tax income (loss) effects of fair value hedges and related hedged items for the three and nine months ended September 30, 2016 and 2015. Derivatives Not Designated As Hedges We also enter into certain non-qualifying derivative instruments such as: (i) interest rate swaps and financial futures to mitigate interest rate risk as part of managing regulatory capital positions; (ii) credit default swaps to enhance yield and reproduce characteristics of investments with similar terms and credit risk; (iii) equity index options, equity return swaps, interest rate swaps and financial futures to mitigate the risks associated with liabilities that have guaranteed minimum benefits, fixed index annuities and indexed universal life; (iv) interest rate swaps where the hedging relationship does not qualify for hedge accounting; (v) credit default swaps to mitigate loss exposure to certain credit risk; (vi) foreign currency swaps, options and forward contracts to mitigate currency risk associated with non-functional currency investments held by certain foreign subsidiaries and future dividends or other cash flows from certain foreign subsidiaries to our holding company; and (vii) equity index options to mitigate certain macroeconomic risks associated with certain foreign subsidiaries. Additionally, we provide GMWBs on certain variable annuities that are required to be bifurcated as embedded derivatives. We also offer fixed index annuity and indexed universal life products and have reinsurance agreements with certain features that are required to be bifurcated as embedded derivatives. We also have derivatives related to securitization entities where we were required to consolidate the related securitization entity as a result of our involvement in the structure. The counterparties for these derivatives typically only have recourse to the securitization entity. The interest rate swaps used for these entities are typically used to effectively convert the interest payments on the assets of the securitization entity to the same basis as the interest rate on the borrowings issued by the securitization entity. Credit default swaps are utilized in certain securitization entities to enhance the yield payable on the borrowings issued by the securitization entity and also include a settlement feature that allows the securitization entity to provide the par value of assets in the securitization entity for the amount of any losses incurred under the credit default swap. The following tables provide the pre-tax gain (loss) recognized in net income (loss) for the effects of derivatives not designated as hedges for the periods indicated: Three months ended September 30, Classification of gain (loss) recognized in net income (loss) (Amounts in millions) 2016 2015 Interest rate swaps $ (1 ) $ (12 ) Net investment gains (losses) Interest rate swaps related to securitization entities — (5 ) Net investment gains (losses) Credit default swaps related to securitization entities 2 (1 ) Net investment gains (losses) Equity index options 9 6 Net investment gains (losses) Financial futures (35 ) 13 Net investment gains (losses) Equity return swaps (9 ) 11 Net investment gains (losses) Other foreign currency contracts (2 ) 4 Net investment gains (losses) Foreign currency swaps (1 ) (9 ) Net investment gains (losses) Forward bond purchase commitments — 13 Net investment gains (losses) GMWB embedded derivatives 60 (117 ) Net investment gains (losses) Fixed index annuity embedded derivatives (16 ) 31 Net investment gains (losses) Indexed universal life embedded derivatives 3 2 Net investment gains (losses) Total derivatives not designated as hedges $ 10 $ (64 ) Nine months ended September 30, Classification of gain (loss) recognized in net income (loss) (Amounts in millions) 2016 2015 Interest rate swaps $ 7 $ (13 ) Net investment gains (losses) Interest rate swaps related to securitization entities (10 ) (5 ) Net investment gains (losses) Credit default swaps — 1 Net investment gains (losses) Credit default swaps related to securitization entities 16 10 Net investment gains (losses) Equity index options 5 (11 ) Net investment gains (losses) Financial futures (9 ) (18 ) Net investment gains (losses) Equity return swaps (2 ) 3 Net investment gains (losses) Other foreign currency contracts (6 ) 10 Net investment gains (losses) Foreign currency swaps 6 (17 ) Net investment gains (losses) Forward bond purchase commitments — 13 Net investment gains (losses) GMWB embedded derivatives (58 ) (68 ) Net investment gains (losses) Fixed index annuity embedded derivatives (22 ) 14 Net investment gains (losses) Indexed universal life embedded derivatives 6 5 Net investment gains (losses) Total derivatives not designated as hedges $ (67 ) $ (76 ) Derivative Counterparty Credit Risk Most of our derivative arrangements require the posting of collateral by the counterparty upon meeting certain net exposure thresholds. For derivatives related to securitization entities, there are no arrangements that require either party to provide collateral and the recourse of the derivative counterparty is typically limited to the assets held by the securitization entity and there is no recourse to any entity other than the securitization entity. The following table presents additional information about derivative assets and liabilities subject to an enforceable master netting arrangement as of the dates indicated: September 30, 2016 December 31, 2015 (Amounts in millions) Derivatives (1) Derivatives (2) Net Derivatives (1) Derivatives (2) Net Amounts presented in the balance sheet: Gross amounts recognized $ 1,368 $ 462 $ 906 $ 1,135 $ 320 $ 815 Gross amounts offset in the balance sheet — — — — — — Net amounts presented in the balance sheet 1,368 462 906 1,135 320 815 Gross amounts not offset in the balance sheet: Financial instruments (3) (338 ) (338 ) — (231 ) (231 ) — Collateral received (1,005 ) — (1,005 ) (642 ) — (642 ) Collateral pledged — (354 ) 354 — (263 ) 263 Over collateralization 64 231 (167 ) 3 174 (171 ) Net amount $ 89 $ 1 $ 88 $ 265 $ — $ 265 (1) Included $37 million and $24 million of accruals on derivatives classified as other assets and does not include amounts related to embedded derivatives as of September 30, 2016 and December 31, 2015, respectively. (2) Included $23 million and $6 million of accruals on derivatives classified as other liabilities and does not include amounts related to embedded derivatives and derivatives related to securitization entities as of September 30, 2016 and December 31, 2015, respectively. (3) Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty. Except for derivatives related to securitization entities, almost all of our master swap agreements contain credit downgrade provisions that allow either party to assign or terminate derivative transactions if the other party’s long-term unsecured debt rating or financial strength rating is below the limit defined in the applicable agreement. If downgrade provisions had been triggered as a result of downgrades of our counterparties, we could have claimed up to $89 million and $265 million as of September 30, 2016 and December 31, 2015, respectively, or have been required to disburse up to $1 million as of September 30, 2016. There were no amounts that we would have been required to disburse as a result of our credit rating downgrades as of December 31, 2015. The chart above excludes embedded derivatives and derivatives related to securitization entities as those derivatives are not subject to master netting arrangements. Credit Derivatives We sell protection under single name credit default swaps and credit default swap index tranches in combination with purchasing securities to replicate characteristics of similar investments based on the credit quality and term of the credit default swap. Credit default triggers for both indexed reference entities and single name reference entities follow the Credit Derivatives Physical Settlement Matrix published by the International Swaps and Derivatives Association. Under these terms, credit default triggers are defined as bankruptcy, failure to pay or restructuring, if applicable. Our maximum exposure to credit loss equals the notional value for credit default swaps. In the event of default for credit default swaps, we are typically required to pay the protection holder the full notional value less a recovery rate determined at auction. In addition to the credit derivatives discussed above, we also have credit derivative instruments related to securitization entities that we consolidate. These derivatives represent a customized index of reference entities with specified attachment points for certain derivatives. The credit default triggers are similar to those described above. In the event of default, the securitization entity will provide the counterparty with the par value of assets held in the securitization entity for the amount of incurred loss on the credit default swap. The maximum exposure to loss for the securitization entity is the notional value of the derivatives. Certain losses on these credit default swaps would be absorbed by the third-party noteholders of the securitization entity and the remaining losses on the credit default swaps would be absorbed by our portion of the notes issued by the securitization entity. The following table sets forth our credit default swaps where we sell protection on single name reference entities and the fair values as of the dates indicated: September 30, 2016 December 31, 2015 (Amounts in millions) Notional Assets Liabilities Notional Assets Liabilities Investment grade Matures in less than one year $ — $ — $ — $ — $ — $ — Matures after one year through five years 39 — — 39 — — Total credit default swaps on single name reference entities $ 39 $ — $ — $ 39 $ — $ — The following table sets forth our credit default swaps where we sell protection on credit default swap index tranches and the fair values as of the dates indicated: September 30, 2016 December 31, 2015 Notional Notional (Amounts in millions) value Assets Liabilities value Assets Liabilities Original index tranche attachment/detachment point and maturity: 7% - 15% matures in less than one year (1) $ 100 $ — $ — $ 100 $ 1 $ — Total credit default swap index tranches 100 — — 100 1 — Customized credit default swap index tranches related to securitization entities: Portion backing third-party borrowings maturing 2017 (2) 12 — 1 12 — 2 Portion backing our interest maturing 2017 (3) 300 — 1 300 — 12 Total customized credit default swap index tranches related to securitization entities 312 — 2 312 — 14 Total credit default swaps on index tranches $ 412 $ — $ 2 $ 412 $ 1 $ 14 (1) The current attachment/detachment as of September 30, 2016 and December 31, 2015 was 7% – 15%. (2) Original notional value was $39 million. (3) Original notional value was $300 million.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2016
Fair Value of Financial Instruments	(6) Fair Value of Financial Instruments Assets and liabilities that are reflected in the accompanying unaudited condensed consolidated financial statements at fair value are not included in the following disclosure of fair value. Such items include cash and cash equivalents, investment securities, separate accounts, securities held as collateral and derivative instruments. Other financial assets and liabilities—those not carried at fair value—are discussed below. Apart from certain of our borrowings and certain marketable securities, few of the instruments discussed below are actively traded and their fair values must often be determined using models. The fair value estimates are made at a specific point in time, based upon available market information and judgments about the financial instruments, including estimates of the timing and amount of expected future cash flows and the credit standing of counterparties. Such estimates do not reflect any premium or discount that could result from offering for sale at one time our entire holdings of a particular financial instrument, nor do they consider the tax impact of the realization of unrealized gains or losses. In many cases, the fair value estimates cannot be substantiated by comparison to independent markets. The basis on which we estimate fair value is as follows: Commercial mortgage loans. Restricted commercial mortgage loans. Other invested assets. Long-term borrowings. Non-recourse funding obligations. Borrowings related to securitization entities. Investment contracts. The following represents our estimated fair value of financial assets and liabilities that are not required to be carried at fair value as of the dates indicated: September 30, 2016 Notional amount Carrying amount Fair value (Amounts in millions) Total Level 1 Level 2 Level 3 Assets: Commercial mortgage loans $ (1) $ 6,017 $ 6,491 $ — $ — $ 6,491 Restricted commercial mortgage loans (1) 134 151 — — 151 Other invested assets (1) 429 442 — 342 100 Liabilities: Long-term borrowings (2) (1) 4,194 3,661 — 3,511 150 Non-recourse funding obligations (2) (1) 310 181 — — 181 Borrowings related to securitization entities (1) 67 69 — 69 — Investment contracts (1) 16,792 18,027 — 5 18,022 Other firm commitments: Commitments to fund limited partnerships 188 — — — — — Ordinary course of business lending commitments 149 — — — — — December 31, 2015 Notional amount Carrying amount Fair value (Amounts in millions) Total Level 1 Level 2 Level 3 Assets: Commercial mortgage loans $ (1) $ 6,170 $ 6,476 $ — $ — $ 6,476 Restricted commercial mortgage loans (1) 161 179 — — 179 Other invested assets (1) 273 279 — 197 82 Liabilities: Long-term borrowings (2) (1) 4,570 3,518 — 3,343 175 Non-recourse funding obligations (2) (1) 1,920 1,401 — — 1,401 Borrowings related to securitization entities (1) 98 104 — 104 — Investment contracts (1) 17,258 17,910 — 5 17,905 Other firm commitments: Commitments to fund limited partnerships 131 — — — — — Ordinary course of business lending commitments 40 — — — — — (1) These financial instruments do not have notional amounts. (2) See note 9 for additional information related to borrowings. Recurring Fair Value Measurements We have fixed maturity, equity and trading securities, derivatives, embedded derivatives, securities held as collateral, separate account assets and certain other financial instruments, which are carried at fair value. Below is a description of the valuation techniques and inputs used to determine fair value by class of instrument. Fixed maturity, equity and trading securities The fair value of fixed maturity, equity and trading securities are estimated primarily based on information derived from third-party pricing services (“pricing services”), internal models and/or third-party broker provided prices (“broker quotes”), which use a market approach, income approach or a combination of the market and income approach depending on the type of instrument and availability of information. In general, a market approach is utilized if there is readily available and relevant market activity for an individual security. In certain cases where market information is not available for a specific security but is available for similar securities, a security is valued using that market information for similar securities, which is also a market approach. When market information is not available for a specific security or is available but such information is less relevant or reliable, an income approach or a combination of a market and income approach is utilized. For securities with optionality, such as call or prepayment features (including mortgage-backed or asset-backed securities), an income approach may be used. In addition, a combination of the results from market and income approaches may be used to estimate fair value. These valuation techniques may change from period to period, based on the relevance and availability of market data. We utilize certain third-party data providers when determining fair value. We consider information obtained from pricing services as well as broker quotes in our determination of fair value. Additionally, we utilize internal models to determine the valuation of securities using an income approach where the inputs are based on third-party provided market inputs. While we consider the valuations provided by pricing services and broker quotes to be of high quality, management determines the fair value of our investment securities after considering all relevant and available information. We also use various methods to obtain an understanding of the valuation methodologies and procedures used by third-party data providers to ensure sufficient understanding to evaluate the valuation data received, including an understanding of the assumptions and inputs utilized to determine the appropriate fair value. For pricing services, we analyze the prices provided by our primary pricing services to other readily available pricing services and perform a detailed review of the assumptions and inputs from each pricing service to determine the appropriate fair value when pricing differences exceed certain thresholds. We evaluate changes in fair value that are greater than certain pre-defined thresholds each month to further aid in our review of the accuracy of fair value measurements and our understanding of changes in fair value, with more detailed reviews performed by the asset managers responsible for the related asset class associated with the security being reviewed. A pricing committee provides additional oversight and guidance in the evaluation and review of the pricing methodologies used to value our investment portfolio. In general, we first obtain valuations from pricing services. If a price is not supplied by a pricing service, we will typically seek a broker quote for public or private fixed maturity securities. In certain instances, we utilize price caps for broker quoted securities where the estimated market yield results in a valuation that may exceed the amount that we believe would be received in a market transaction. For certain private fixed maturity securities where we do not obtain valuations from pricing services, we utilize an internal model to determine fair value since transactions for identical securities are not readily observable and these securities are not typically valued by pricing services. For all securities, excluding certain private fixed maturity securities, if neither a pricing service nor broker quotes valuation is available, we determine fair value using internal models. For pricing services, we obtain an understanding of the pricing methodologies and procedures for each type of instrument. Additionally, on a monthly basis we review a sample of securities, examining the pricing service’s assumptions to determine if we agree with the service’s derived price. When available, we also evaluate the prices sampled as compared to other public prices. If a variance greater than a pre-defined threshold is noted, additional review of the price is executed to ensure accuracy. In general, a pricing service does not provide a price for a security if sufficient information is not readily available to determine fair value or if such security is not in the specific sector or class covered by a particular pricing service. Given our understanding of the pricing methodologies and procedures of pricing services, the securities valued by pricing services are typically classified as Level 2 unless we determine the valuation process for a security or group of securities utilizes significant unobservable inputs, which would result in the valuation being classified as Level 3. For private fixed maturity securities, we utilize an income approach where we obtain public bond spreads and utilize those in an internal model to determine fair value. Other inputs to the model include rating and weighted-average life, as well as sector which is used to assign the spread. We then add an additional premium, which represents an unobservable input, to the public bond spread to adjust for the liquidity and other features of our private placements. We utilize the estimated market yield to discount the expected cash flows of the security to determine fair value. We utilize price caps for securities where the estimated market yield results in a valuation that may exceed the amount that would be received in a market transaction and value all private fixed maturity securities at par that have less than 12 months to maturity. When a security does not have an external rating, we assign the security an internal rating to determine the appropriate public bond spread that should be utilized in the valuation. To evaluate the reasonableness of the internal model, we review a sample of private fixed maturity securities each month. In that review we compare the modeled prices to the prices of similar public securities in conjunction with analysis on current market indicators. If a pricing variance greater than a pre-defined threshold is noted, additional review of the price is executed to ensure accuracy. At the end of each month, all internally modeled prices are compared to the prior month prices with an evaluation of all securities with a month-over-month change greater than a pre-defined threshold. While we generally consider the public bond spreads by sector and maturity to be observable inputs, we evaluate the similarities of our private placement with the public bonds, any price caps utilized, liquidity premiums applied, and whether external ratings are available for our private placements to determine whether the spreads utilized would be considered observable inputs. We classify private securities without an external rating and public bond spread as Level 3. In general, increases (decreases) in credit spreads will decrease (increase) the fair value for our fixed maturity securities. For broker quotes, we consider the valuation methodology utilized by the third party and analyze a sample each month to assess reasonableness given then-current market conditions. Additionally, for broker quotes on certain structured securities, we validate prices received against other publicly available pricing sources. Broker quotes are typically based on an income approach given the lack of available market data. As the valuation typically includes significant unobservable inputs, we classify the securities where fair value is based on our consideration of broker quotes as Level 3 measurements. For remaining securities priced using internal models, we determine fair value using an income approach. We analyze a sample each month to assess reasonableness given then-current market conditions. We maximize the use of observable inputs but typically utilize significant unobservable inputs to determine fair value. Accordingly, the valuations are typically classified as Level 3. A summary of the inputs used for our fixed maturity, equity and trading securities based on the level in which instruments are classified is included below. We have combined certain classes of instruments together as the nature of the inputs is similar. Level 1 measurements Equity securities. Level 2 measurements Fixed maturity securities • Third-party pricing services The following table presents a summary of the significant inputs used by our third-party pricing services for certain fair value measurements of fixed maturity securities that are classified as Level 2 as of September 30, 2016: (Amounts in millions) Fair value Primary methodologies Significant inputs U.S. government, agencies and government-sponsored enterprises $ 6,701 Price quotes from trading desk, broker feeds Bid side prices, trade prices, Option Adjusted Spread (“OAS”) to swap curve, Bond Market Association OAS, Treasury Curve, Agency Bullet Curve, maturity to issuer spread State and political subdivisions $ 2,780 Multi-dimensional attribute-based modeling systems, third-party pricing vendors Trade prices, material event notices, Municipal Market Data benchmark yields, broker quotes Non-U.S. government $ 2,210 Matrix pricing, spread priced to benchmark curves, price quotes from market makers Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources U.S. corporate $ 24,564 Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, internal models, OAS-based models Bid side prices to Treasury Curve, Issuer Curve, which includes sector, quality, duration, OAS percentage and change for spread matrix, trade prices, comparative transactions, Trade Reporting and Compliance Engine (“TRACE”) reports Non-U.S. corporate $ 11,093 Multi-dimensional attribute-based modeling systems, OAS-based models, price quotes from market makers Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources Residential mortgage-backed $ 4,786 OAS-based models, To Be Announced pricing models, single factor binomial models, internally priced Prepayment and default assumptions, aggregation of bonds with similar characteristics, including collateral type, vintage, tranche type, weighted-average life, weighted-average loan age, issuer program and delinquency ratio, pay up and pay down factors, TRACE reports Commercial mortgage-backed $ 3,145 Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports Other asset-backed $ 3,177 Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers, internal models Spreads to daily updated swaps curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports • Internal models Equity securities. Level 3 measurements Fixed maturity securities • Internal models • Broker quotes Equity securities. Restricted other invested assets related to securitization entities We have trading securities related to securitization entities that are classified as restricted other invested assets and are carried at fair value. The trading securities represent asset-backed securities. The valuation for trading securities is determined using a market approach and/or an income approach depending on the availability of information. For certain highly rated asset-backed securities, there is observable market information for transactions of the same or similar instruments, which is provided to us by a third-party pricing service and is classified as Level 2. For certain securities that are not actively traded, we determine fair value after considering third-party broker provided prices or discounted expected cash flows using current yields for similar securities and classify these valuations as Level 3. Securities lending collateral The fair value of securities held as collateral is primarily based on Level 2 inputs from market information for the collateral that is held on our behalf by the custodian. We determine fair value after considering prices obtained by third-party pricing services. Separate account assets The fair value of separate account assets is based on the quoted prices of the underlying fund investments and, therefore, represents Level 1 pricing. Derivatives We consider counterparty collateral arrangements and rights of set-off when evaluating our net credit risk exposure to our derivative counterparties. Accordingly, we are permitted to include consideration of these arrangements when determining whether any incremental adjustment should be made for both the counterparty’s and our non-performance risk in measuring fair value for our derivative instruments. As a result of these counterparty arrangements, we determined that any adjustment for credit risk would not be material and we have not recorded any incremental adjustment for our non-performance risk or the non-performance risk of the derivative counterparty for our derivative assets or liabilities. We determine fair value for our derivatives using an income approach with internal models based on relevant market inputs for each derivative instrument. We also compare the fair value determined using our internal model to the valuations provided by our derivative counterparties with any significant differences or changes in valuation being evaluated further by our derivatives professionals that are familiar with the instrument and market inputs used in the valuation. Interest rate swaps. Interest rate swaps related to securitization entities. Inflation indexed swaps. Foreign currency swaps. Credit default swaps. Credit default swaps related to securitization entities. Equity index options. Financial futures. Equity return swaps. Forward bond purchase commitments. Other foreign currency contracts. GMWB embedded derivatives We are required to bifurcate an embedded derivative for certain features associated with annuity products and related reinsurance agreements where we provide a GMWB to the policyholder and are required to record the GMWB embedded derivative at fair value. The valuation of our GMWB embedded derivative is based on an income approach that incorporates inputs such as forward interest rates, equity index volatility, equity index and fund correlation, and policyholder assumptions such as utilization, lapse and mortality. In addition to these inputs, we also consider risk and expense margins when determining the projected cash flows that would be determined by another market participant. While the risk and expense margins are considered in determining fair value, these inputs do not have a significant impact on the valuation. We determine fair value using an internal model based on the various inputs noted above. The resulting fair value measurement from the model is reviewed by the product actuarial, risk and finance professionals each reporting period with changes in fair value also being compared to changes in derivatives and other instruments used to mitigate changes in fair value from certain market risks, such as equity index volatility and interest rates. For GMWB liabilities, non-performance risk is integrated into the discount rate. Our discount rate used to determine fair value of our GMWB liabilities includes market credit spreads above U.S. Treasury rates to reflect an adjustment for the non-performance risk of the GMWB liabilities. As of September 30, 2016 and December 31, 2015, the impact of non-performance risk resulted in a lower fair value of our GMWB liabilities of $88 million and $79 million, respectively. To determine the appropriate discount rate to reflect the non-performance risk of the GMWB liabilities, we evaluate the non-performance risk in our liabilities based on a hypothetical exit market transaction as there is no exit market for these types of liabilities. A hypothetical exit market can be viewed as a hypothetical transfer of the liability to another similarly rated insurance company which would closely resemble a reinsurance transaction. Another hypothetical exit market transaction can be viewed as a hypothetical transaction from the perspective of the GMWB policyholder. In determining the appropriate discount rate to incorporate non-performance risk of the GMWB liabilities, we also considered the impacts of state guarantees embedded in the related insurance product as a form of inseparable third-party guarantee. We believe that a hypothetical exit market participant would use a similar discount rate as described above to value the liabilities. For equity index volatility, we determine the projected equity market volatility using both historical volatility and projected equity market volatility with more significance being placed on projected near-term volatility and recent historical data. Given the different attributes and market characteristics of GMWB liabilities compared to equity index options in the derivative market, the equity index volatility assumption for GMWB liabilities may be different from the volatility assumption for equity index options, especially for the longer dated points on the curve. Equity index and fund correlations are determined based on historical price observations for the fund and equity index. For policyholder assumptions, we use our expected lapse, mortality and utilization assumptions and update these assumptions for our actual experience, as necessary. For our lapse assumption, we adjust our base lapse assumption by policy based on a combination of the policyholder’s current account value and GMWB benefit. We classify the GMWB valuation as Level 3 based on having significant unobservable inputs, with equity index volatility and non-performance risk being considered the more significant unobservable inputs. As equity index volatility increases, the fair value of the GMWB liabilities will increase. Any increase in non-performance risk would increase the discount rate and would decrease the fair value of the GMWB liability. Additionally, we consider lapse and utilization assumptions to be significant unobservable inputs. An increase in our lapse assumption would decrease the fair value of the GMWB liability, whereas an increase in our utilization rate would increase the fair value. Fixed index annuity embedded derivatives We have fixed indexed annuity products where interest is credited to the policyholder’s account balance based on equity index changes. This feature is required to be bifurcated as an embedded derivative and recorded at fair value. Fair value is determined using an income approach where the present value of the excess cash flows above the guaranteed cash flows is used to determine the value attributed to the equity index feature. The inputs used in determining the fair value include policyholder behavior (lapses and withdrawals), near-term equity index volatility, expected future interest credited, forward interest rates and an adjustment to the discount rate to incorporate non-performance risk and risk margins. As a result of our assumptions for policyholder behavior and expected future interest credited being considered significant unobservable inputs, we classify these instruments as Level 3. As lapses and withdrawals increase, the value of our embedded derivative liability will decrease. As expected future interest credited decreases, the value of our embedded derivative liability will decrease. Indexed universal life embedded derivatives We have indexed universal life products where interest is credited to the policyholder’s account balance based on equity index changes. This feature is required to be bifurcated as an embedded derivative and recorded at fair value. Fair value is determined using an income approach where the present value of the excess cash flows above the guaranteed cash flows is used to determine the value attributed to the equity index feature. The inputs used in determining the fair value include policyholder behavior (lapses and withdrawals), near-term equity index volatility, expected future interest credited, forward interest rates and an adjustment to the discount rate to incorporate non-performance risk and risk margins. As a result of our assumptions for policyholder behavior and expected future interest credited being considered significant unobservable inputs, we classify these instruments as Level 3. As lapses and withdrawals increase, the value of our embedded derivative liability will decrease. As expected future interest credited decreases, the value of our embedded derivative liability will decrease. Borrowings related to securitization entities We record certain borrowings related to securitization entities at fair value. The fair value of these borrowings is determined using either a market approach or income approach, depending on the instrument and availability of market information. Given the unique characteristics of the securitization entities that issued these borrowings as well as the lack of comparable instruments, we determine fair value considering the valuation of the underlying assets held by the securitization entities and any derivatives, as well as any unique characteristics of the borrowings that may impact the valuation. After considering all relevant inputs, we determine fair value of the borrowings using the net valuation of the underlying assets and derivatives that are backing the borrowings. Accordingly, these instruments are classified as Level 3. Increases in the valuation of the underlying assets or decreases in the derivative liabilities will result in an increase in the fair value of these borrowings. The following tables set forth our assets by class of instrument that are measured at fair value on a recurring basis as of the dates indicated: September 30, 2016 (Amounts in millions) Total Level 1 Level 2 Level 3 Assets Investments: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 6,703 $ — $ 6,701 $ 2 State and political subdivisions 2,824 — 2,788 36 Non-U.S. government 2,227 — 2,227 — U.S. corporate: Utilities 4,749 — 4,187 562 Energy 2,279 — 2,077 202 Finance and insurance 6,340 — 5,520 820 Consumer—non-cyclical 4,878 — 4,775 103 Technology and communications 2,726 — 2,673 53 Industrial 1,291 — 1,213 78 Capital goods 2,195 — 2,059 136 Consumer—cyclical 1,660 — 1,395 265 Transportation 1,215 — 1,091 124 Other 362 — 200 162 Total U.S. corporate 27,695 — 25,190 2,505 Non-U.S. corporate: Utilities 961 — 592 369 Energy 1,395 — 1,170 225 Finance and insurance 2,658 — 2,444 214 Consumer—non-cyclical 822 — 678 144 Technology and communications 1,047 — 966 81 Industrial 1,018 — 906 112 Capital goods 580 — 407 173 Consumer—cyclical 505 — 434 71 Transportation 683 — 510 173 Other 3,339 — 3,312 27 Total non-U.S. corporate 13,008 — 11,419 1,589 Residential mortgage-backed 4,823 — 4,786 37 Commercial mortgage-backed 3,173 — 3,145 28 Other asset-backed 3,327 — 3,177 150 Total fixed maturity securities 63,780 — 59,433 4,347 Equity securities 590 520 24 46 Other invested assets: Trading securities 384 — 384 — Derivative assets: Interest rate swaps 1,260 — 1,260 — Foreign currency swaps 6 — 6 — Equity index options 61 — — 61 Other foreign currency contracts 4 — 3 1 Total derivative assets 1,331 — 1,269 62 Securities lending collateral 417 — 417 — Total other invested assets 2,132 — 2,070 62 Restricted other invested assets related to securitization entities 312 — 181 131 Reinsurance recoverable (1) 24 — — 24 Separate account assets 7,485 7,485 — — Total assets $ 74,323 $ 8,005 $ 61,708 $ 4,610 (1) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. December 31, 2015 (Amounts in millions) Total Level 1 Level 2 Level 3 Assets Investments: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 6,203 $ — $ 6,200 $ 3 State and political subdivisions 2,438 — 2,403 35 Non-U.S. government 2,015 — 2,015 — U.S. corporate: Utilities 3,693 — 3,244 449 Energy 2,501 — 2,248 253 Finance and insurance 5,632 — 4,917 715 Consumer—non-cyclical 4,096 — 3,987 109 Technology and communications 2,193 — 2,158 35 Industrial 1,173 — 1,112 61 Capital goods 1,950 — 1,770 180 Consumer—cyclical 1,675 — 1,436 239 Transportation 1,086 — 980 106 Other 402 — 220 182 Total U.S. corporate 24,401 — 22,072 2,329 Non-U.S. corporate: Utilities 843 — 556 287 Energy 1,686 — 1,434 252 Finance and insurance 2,473 — 2,282 191 Consumer—non-cyclical 752 — 583 169 Technology and communications 988 — 926 62 Industrial 986 — 902 84 Capital goods 604 — 391 213 Consumer—cyclical 526 — 455 71 Transportation 605 — 461 144 Other 2,736 — 2,664 72 Total non-U.S. corporate 12,199 — 10,654 1,545 Residential mortgage-backed 5,101 — 4,985 116 Commercial mortgage-backed 2,559 — 2,549 10 Other asset-backed 3,281 — 2,139 1,142 Total fixed maturity securities 58,197 — 53,017 5,180 Equity securities 310 270 2 38 Other invested assets: Trading securities 447 — 447 — Derivative assets: Interest rate swaps 1,054 — 1,054 — Foreign currency swaps 8 — 8 — Credit default swaps 1 — — 1 Equity index options 30 — — 30 Equity return swaps 2 — 2 — Other foreign currency contracts 17 — 14 3 Total derivative assets 1,112 — 1,078 34 Securities lending collateral 347 — 347 — Total other invested assets 1,906 — 1,872 34 Restricted other invested assets related to securitization entities 413 — 181 232 Reinsurance recoverable (1) 17 — — 17 Separate account assets 7,883 7,883 — — Total assets $ 68,726 $ 8,153 $ 55,072 $ 5,501 (1) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. We review the fair value hierarchy classifications each reporting period. Changes in the observability of the valuation attributes may result in a reclassification of certain financial assets or liabilities. Such reclassifications are reported as transfers between levels at the beginning fair value for the reporting period in which the changes occur. Given the types of assets classified as Level 1, which primarily represents mutual fund investments, we typically do not have any transfers between Level 1 and Level 2 measurement categories and did not have any such transfers during any period presented. Our assessment of whether or not there were significant unobservable inputs related to fixed maturity securities was based on our observations obtained through the course of managing our investment portfolio, including interaction with other market participants, observations related to the availability and consistency of pricing and/or rating, and understanding of general market activity such as new issuance and the level of secondary market trading for a class of securities. Additionally, we considered data obtained from third-party pricing sources to determine whether our estimated values incorporate significant unobservable inputs that would result in the valuation being classified as Level 3. The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: (Amounts in millions) Beginning as of Total realized and Purchases Sales Issuances Settlements Transfer (1) Transfer out of Level 3 (1) Ending as of Total gains attributable Included in Included Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 2 $ — $ — $ — $ — $ — $ — $ — $ — $ 2 $ — State and political subdivisions 36 1 — — — — — — (1 ) 36 1 U.S. corporate: Utilities 552 1 4 54 (6 ) — (1 ) 1 (43 ) 562 — Energy 208 — 3 — — — (8 ) — (1 ) 202 — Finance and insurance 775 4 14 27 (5 ) — (32 ) 37 — 820 5 Consumer—non-cyclical 102 — 1 5 (5 ) — — — — 103 — Technology and communications 40 1 — 12 — — — — — 53 1 Industrial 78 — — — — — — — — 78 — Capital goods 135 — 1 — — — — — — 136 1 Consumer—cyclical 254 — — 19 (5 ) — (1 ) 1 (3 ) 265 — Transportation 129 — 1 — — — (6 ) — — 124 — Other 147 — — — — — (1 ) 16 — 162 — Total U.S. corporate 2,420 6 24 117 (21 ) — (49 ) 55 (47 ) 2,505 7

Deferred Acquisition Costs

Deferred Acquisition Costs	9 Months Ended
	Sep. 30, 2016
Deferred Acquisition Costs	(7) Deferred Acquisition Costs The following table presents the activity impacting deferred acquisition costs (“DAC”) for the dates indicated: As of or for the nine months (Amounts in millions) 2016 2015 Unamortized beginning balance $ 4,569 $ 5,200 Impact of foreign currency translation 8 (20 ) Costs deferred 124 228 Amortization, net of interest accretion (257 ) (266 ) Impairment — (455 ) Unamortized ending balance 4,444 4,687 Accumulated effect of net unrealized investment (gains) losses (462 ) (246 ) Ending balance $ 3,982 $ 4,441 We regularly review DAC to determine if it is recoverable from future income. In the second quarter of 2016, we performed our loss recognition testing and determined that we had a premium deficiency in our fixed immediate annuity products. The results of the test were primarily driven by the low interest rate environment in the second quarter of 2016. As a result, as of June 30, 2016, we wrote off the entire DAC balance for our fixed immediate annuity products of $14 million through amortization and increased our future policy benefit reserves by $18 million. In the third quarter of 2016, driven by aging of the in-force and the low interest rate environment, we determined that an additional premium deficiency existed in our fixed immediate annuity products that resulted in a further increase to our future policy benefit reserves of $6 million. As of September 30, 2016, we believe all of our other businesses had sufficient future income and therefore the related DAC was recoverable. On September 30, 2015, Genworth Life and Annuity Insurance Company (“GLAIC”), our indirect wholly-owned subsidiary, entered into a Master Agreement (the “Master Agreement”) for a life block transaction with Protective Life Insurance Company (“Protective Life”). Pursuant to the Master Agreement, GLAIC and Protective Life agreed to enter into a reinsurance agreement (the “Reinsurance Agreement”), under the terms of which Protective Life would coinsure certain term life insurance business of GLAIC, net of third-party reinsurance. The Reinsurance Agreement was entered into in January 2016. In connection with entering into the Master Agreement, we recorded a DAC impairment of $455 million as a result of loss recognition testing of certain term life insurance policies as part of this life block transaction.

Liability for Policy and Contra

Liability for Policy and Contract Claims	9 Months Ended
	Sep. 30, 2016
Liability for Policy and Contract Claims	(8) Liability for Policy and Contract Claims The following table sets forth our recorded liability for policy and contract claims by business as of the dates indicated: (Amounts in millions) September 30, December 31, Long-term care insurance $ 7,654 $ 6,749 U.S. mortgage insurance 658 849 Australia mortgage insurance 215 165 Life insurance 195 202 Canada mortgage insurance 112 87 Runoff 16 18 Fixed annuities 12 18 Other mortgage insurance 7 7 Total liability for policy and contract claims $ 8,869 $ 8,095 The liability for policy and contract claims represents our current best estimate; however, there may be future adjustments to this estimate and related assumptions. Such adjustments, reflecting any variety of new and adverse trends, could possibly be significant, and result in increases in reserves by an amount that could be material to our results of operations and financial condition and liquidity. Long-term care insurance The following table sets forth changes in the liability for policy and contract claims for our long-term care insurance business for the dates indicated: As of or for the nine (Amounts in millions) 2016 2015 Beginning balance $ 6,749 $ 6,216 Less reinsurance recoverables (2,055 ) (1,926 ) Net beginning balance 4,694 4,290 Incurred related to insured events of: Current year 1,546 1,241 Prior years 378 6 Total incurred 1,924 1,247 Paid related to insured events of: Current year (82 ) (75 ) Prior years (1,160 ) (1,050 ) Total paid (1,242 ) (1,125 ) Interest on liability for policy and contract claims 188 172 Net ending balance 5,564 4,584 Add reinsurance recoverables 2,090 1,999 Ending balance $ 7,654 $ 6,583 As of September 30, 2016, the liability for policy and contract claims increased $905 million in our long-term care insurance business largely from the completion of our annual review of assumptions in the third quarter of 2016 which increased reserves by $460 million and increased reinsurance recoverables by $25 million. The increase was also attributable to aging and growth of the in-force block and higher severity on new claims in the current year. Based on our annual review of our long-term care insurance claim reserves, which included an additional year of claims experience since our last annual review in the third quarter of 2015, we updated several assumptions and methodologies primarily impacting claim termination rates, benefit utilization rates and incurred but not reported reserves. The primary impact of assumption changes was from an overall lowering of claim termination rate assumptions for longer duration claims, particularly for reimbursement claims. We also updated our claim termination rate assumptions to reflect differences between product types, separating our indemnity and reimbursement blocks that were previously combined, and modestly refined our utilization rate assumptions and methodologies as well as refined our methodology primarily related to the calculation of incurred but not reported reserves to better reflect the aging of the in-force blocks. For the nine months ended September 30, 2016, the incurred amount of $378 million related to insured events of prior years increased largely as a result of the completion of our annual review of our long-term care insurance claim reserves, as described above, which resulted in recording higher reserves of $305 million, net of reinsurance recoverables of $25 million. In addition, we recorded $39 million of unfavorable adjustments in the second quarter of 2016, which included refinements to the calculations of claim reserves.

Borrowings and Other Financings

Borrowings and Other Financings	9 Months Ended
	Sep. 30, 2016
Borrowings and Other Financings	(9) Borrowings and Other Financings (a) Short-Term Borrowings Revolving Credit Facilities On May 20, 2016, Genworth MI Canada Inc. (“Genworth Canada”), our majority-owned subsidiary, entered into a CAD$100 million senior unsecured revolving credit facility, which matures on May 20, 2019. Any borrowings under Genworth Canada’s credit facility will bear interest at a rate per annum equal to, at the option of Genworth Canada, either a fixed rate or a variable rate pursuant to the terms of the credit agreement. Genworth Canada’s credit facility includes customary representations, warranties, covenants, terms and conditions. As of September 30, 2016, there was no amount outstanding under Genworth Canada’s credit facility. In April 2016, Genworth Holdings terminated its $300 million multicurrency revolving credit facility, prior to its September 26, 2016 maturity date. There were no amounts outstanding under the credit facility at the time of termination. (b) Long-Term Borrowings The following table sets forth total long-term borrowings as of the dates indicated: (Amounts in millions) September 30, 2016 December 31, 2015 Genworth Holdings (1) 8.625% Senior Notes, due 2016 $ — $ 298 6.52% Senior Notes, due 2018 597 598 7.70% Senior Notes, due 2020 397 397 7.20% Senior Notes, due 2021 381 389 7.625% Senior Notes, due 2021 705 724 4.90% Senior Notes, due 2023 399 399 4.80% Senior Notes, due 2024 400 400 6.50% Senior Notes, due 2034 297 297 6.15% Fixed-to-Floating Rate Junior Subordinated Notes, due 2066 598 598 Subtotal 3,774 4,100 Bond consent fees (40 ) — Deferred borrowing charges (20 ) (21 ) Total Genworth Holdings 3,714 4,079 Canada (2) 5.68% Senior Notes, due 2020 210 199 4.24% Senior Notes, due 2024 122 116 Subtotal 332 315 Deferred borrowing charges (2 ) (2 ) Total Canada 330 313 Australia (3) Floating Rate Junior Notes, due 2021 — 36 Floating Rate Junior Notes, due 2025 153 146 Subtotal 153 182 Deferred borrowing charges (3 ) (4 ) Total Australia 150 178 Total $ 4,194 $ 4,570 (1) We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread. (2) Senior notes issued by Genworth Canada, our majority-owned subsidiary. (3) Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited, our indirect wholly-owned subsidiary. Genworth Holdings In January 2016, Genworth Holdings redeemed $298 million of its 8.625% senior notes due 2016 issued in December 2009 (the “2016 Notes”) and paid a make-whole premium of approximately $20 million pre-tax in addition to accrued and unpaid interest. During the three months ended March 31, 2016, we also repurchased $28 million principal amount of Genworth Holdings’ notes with various maturity dates for a pre-tax gain of $4 million and paid accrued and unpaid interest thereon. On March 18, 2016, Genworth Holdings received the requisite consents, pursuant to a solicitation of consents (the “Consent Solicitation”), to amend the indenture dated as of June 15, 2004, by and between Genworth Holdings and The Bank of New York Mellon Trust Company, N.A. (the “Trustee”), as successor to JP Morgan Chase Bank, N.A., as amended and supplemented from time to time (as so amended and supplemented, the “Senior Notes Indenture”) and the indenture dated as of November 14, 2006, by and between Genworth Holdings and the Trustee, as amended and supplemented from time to time (as so amended and supplemented, the “Subordinated Notes Indenture” and together with the Senior Notes Indenture, the “Indentures”). On March 18, 2016, Genworth Holdings, Genworth Financial, as guarantor, and the Trustee entered into Supplemental Indenture No. 12 to the Senior Notes Indenture and the Third Supplemental Indenture to the Subordinated Notes Indenture (the “Supplemental Indentures”) that amended the Senior Notes Indenture and the Subordinated Notes Indenture, respectively, to (i) exclude Genworth Life Insurance Company and Genworth Life Insurance Company of New York, which operate our long-term care insurance business, from the event of default provisions of the Indentures (such amendment also previously excluded Brookfield Life and Annuity Insurance Company Limited until it merged into Genworth Life Insurance Company in October 2016) and (ii) clarify that one or more transactions disposing of any or all of the Genworth Holdings’ long-term care and other life insurance businesses and assets (a “Life Sale”) would not constitute a disposition of “all or substantially all” of Genworth Holdings’ assets under the Indentures, provided that in order to rely on that clarification, the assets of our U.S. Mortgage Insurance segment would be contributed to Genworth Holdings and 80% of any Net Cash Proceeds, as defined in the Supplemental Indentures, to us from any Life Sale would be used to reduce outstanding indebtedness. The Supplemental Indentures became operative on March 22, 2016 upon the payment of the applicable consent fees payable under the terms of the Consent Solicitation. We paid total fees related to the Consent Solicitation of approximately $61 million, including bond consent fees of $43 million, which were deferred, as well as broker, advisor and investment banking fees of $18 million, which were expensed, in the first quarter of 2016. Australia In June 2016, Genworth Financial Mortgage Insurance Pty Limited, our indirect majority-owned subsidiary, redeemed all of its outstanding AUD$50 million of subordinated floating rate notes with an interest rate of three-month Bank Bill Swap reference rate plus a margin of 4.75% due 2021. (c) Non-Recourse Funding Obligations The following table sets forth the non-recourse funding obligations (surplus notes) of our wholly-owned, special purpose consolidated captive insurance subsidiaries as of the dates indicated: (Amounts in millions) September 30, 2016 December 31, 2015 Issuance River Lake Insurance Company (a) $ — $ 570 River Lake Insurance Company (b) — 405 River Lake Insurance Company II (a) — 192 River Lake Insurance Company II (b) — 453 Rivermont Life Insurance Company I (a) 315 315 Subtotal 315 1,935 Deferred borrowing charges (5 ) (15 ) Total $ 310 $ 1,920 (a) Accrual of interest based on one-month London Interbank Offered Rate (“LIBOR”) that resets every 28 days plus a fixed margin. (b) Accrual of interest based on one-month LIBOR that resets on a specified date each month plus a contractual margin. During the three months ended March 31, 2016, in connection with a life block transaction, River Lake Insurance Company, our indirect wholly-owned subsidiary, redeemed $975 million of its total outstanding floating rate subordinated notes due in 2033 and River Lake Insurance Company II, our indirect wholly-owned subsidiary, redeemed $645 million of its total outstanding floating rate subordinated notes due in 2035 for a pre-tax loss of $9 million from the write-off of deferred borrowing costs. (d) Repurchase agreements and securities lending activity Repurchase agreements We previously had a repurchase program in which we sold an investment security at a specified price and agreed to repurchase that security at another specified price at a later date. Repurchase agreements were treated as collateralized financing transactions and were carried at the amounts at which the securities were subsequently reacquired, including accrued interest, as specified in the respective agreement. The market value of securities to be repurchased were monitored and collateral levels adjusted where appropriate to protect the parties against credit exposure. Cash received was invested in fixed maturity securities. As of December 31, 2015, the fair value of securities pledged under the repurchase program was $231 million and the repurchase obligation of $229 million was included in other liabilities in the consolidated balance sheet. As of September 30, 2016, the fair value of securities pledged under the repurchase program and the repurchase obligation was zero as they matured during the three months ended June 30, 2016. Securities lending activity In the United States and Canada, we engage in certain securities lending transactions for the purpose of enhancing the yield on our investment securities portfolio. We maintain effective control over all loaned securities and, therefore, continue to report such securities as fixed maturity securities on the consolidated balance sheets. We are currently indemnified against counterparty credit risk by the intermediary. Under the securities lending program in the United States, the borrower is required to provide collateral, which can consist of cash or government securities, on a daily basis in amounts equal to or exceeding 102% of the value of the loaned securities. Currently, we only accept cash collateral from borrowers under the program. Cash collateral received by us on securities lending transactions is reflected in other invested assets with an offsetting liability recognized in other liabilities for the obligation to return the collateral. Any cash collateral received is reinvested by our custodian based upon the investment guidelines provided within our agreement. In the United States, the reinvested cash collateral is primarily invested in a money market fund approved by the National Association of Insurance Commissioners, U.S. and foreign government securities, U.S. government agency securities, asset-backed securities and corporate debt securities. As of September 30, 2016 and December 31, 2015, the fair value of securities loaned under our securities lending program in the United States was $401 million and $334 million, respectively. As of September 30, 2016 and December 31, 2015, the fair value of collateral held under our securities lending program in the United States was $417 million and $347 million, respectively, and the offsetting obligation to return collateral of $417 million and $347 million, respectively, was included in other liabilities in the consolidated balance sheets. We did not have any non-cash collateral provided by the borrowers in our securities lending program in the United States as of September 30, 2016 and December 31, 2015. Under our securities lending program in Canada, the borrower is required to provide collateral consisting of government securities on a daily basis in amounts equal to or exceeding 105% of the fair value of the applicable securities loaned. Securities received from counterparties as collateral are not recorded on our consolidated balance sheet given that the risk and rewards of ownership is not transferred from the counterparties to us in the course of such transactions. Additionally, there was no cash collateral because it is not permitted as an acceptable form of collateral under the program. In Canada, the lending institution must be included on the approved Securities Lending Borrowers List with the Canadian regulator and the intermediary must be rated at least “AA-” by Standard & Poor’s Financial Services LLC. As of September 30, 2016 and December 31, 2015, the fair value of securities loaned under our securities lending program in Canada was $364 million and $340 million, respectively. Risks associated with repurchase agreements and securities lending programs Our repurchase agreement and securities lending programs expose us to liquidity risk if we did not have enough cash or collateral readily available to return to the counterparty when required to do so under the agreements. We manage this risk by regularly monitoring our available sources of cash and collateral to ensure we can meet short-term liquidity demands under normal and stressed scenarios. We are also exposed to credit risk in the event of default of our counterparties or changes in collateral values. This risk is significantly reduced because our programs require over collateralization and collateral exposures are trued up on a daily basis. We manage this risk by using multiple counterparties and ensuring that changes in required collateral are monitored and adjusted daily. We also monitor the creditworthiness, including credit ratings, of our counterparties on a regular basis. Contractual maturity The following tables present the remaining contractual maturity of the agreements as of the dates indicated: September 30, 2016 (Amounts in millions) Overnight and Up to 30 days 31 - 90 days Greater than Total Repurchase agreements: U.S. government, agencies and government-sponsored enterprises $ — $ — $ — $ — $ — Securities lending: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises 78 — — — 78 Non-U.S. government 61 — — — 61 U.S. corporate 163 — — — 163 Non-U.S. corporate 110 — — — 110 Subtotal, fixed maturity securities 412 — — — 412 Equity securities 5 — — — 5 Total securities lending 417 — — — 417 Total repurchase agreements and securities lending $ 417 $ — $ — $ — $ 417 December 31, 2015 (Amounts in millions) Overnight and Up to 30 days 31 - 90 days Greater than Total Repurchase agreements: U.S. government, agencies and government-sponsored enterprises $ — $ 58 $ 25 $ 146 $ 229 Securities lending: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises 18 — — — 18 Non-U.S. government 39 — — — 39 U.S. corporate 95 — — — 95 Non-U.S. corporate 190 — — — 190 Subtotal, fixed maturity securities 342 — — — 342 Equity securities 5 — — — 5 Total securities lending 347 — — — 347 Total repurchase agreements and securities lending $ 347 $ 58 $ 25 $ 146 $ 576

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2016
Income Taxes	(10) Income Taxes The reconciliation of the federal statutory tax rate to the effective income tax rate was as follows for the periods indicated: Three months ended September 30, Nine months ended (Amounts in millions) 2016 2015 2016 2015 Pre-tax income (loss) $ (125 ) $ (351 ) $ 376 $ 188 Statutory U.S. federal income tax rate $ (44 ) 35.0 % $ (123 ) 35.0 % $ 132 35.0 % $ 66 35.0 % Increase (reduction) in rate resulting from: State income tax, net of federal income tax effect — — (1 ) 0.4 1 0.2 3 1.4 Benefit on tax favored investments 1 (0.7 ) (9 ) 2.5 (2 ) (0.5 ) (14 ) (7.2 ) Effect of foreign operations 5 (3.9 ) (3 ) 0.8 (12 ) (3.3 ) (33 ) (17.5 ) Non-deductible expenses (1 ) 0.5 — — (1 ) (0.1 ) 1 0.6 Interest on uncertain tax positions — — 1 (0.2 ) — — 1 0.4 Valuation allowance 265 (212.9 ) — — 240 63.8 — — Stock-based compensation 2 (1.8 ) 2 (0.5 ) 5 1.4 4 2.0 Loss on sale of business — — — — (1 ) (0.2 ) — — Other, net (6 ) 4.8 (1 ) 0.1 (7 ) (1.8 ) (1 ) (0.4 ) Effective rate $ 222 (179.0 )% $ (134 ) 38.1 % $ 355 94.5 % $ 27 14.3 % The effective tax rate for the three and nine months ended September 30, 2016 was impacted by a valuation allowance of $265 million recorded on deferred tax assets. In light of our latest financial projections, including the projected impact to current and future earnings associated with higher expected claim costs in our long-term care insurance business as a result of our annual claim reserves review in the third quarter of 2016 and sustained low interest rates, we recorded a valuation allowance related to foreign tax credits that we no longer expect to realize. The financial projections did not include any benefits or aspects of the announced transaction with China Oceanwide nor did they assume any charges associated with tax attribute limitations that would occur with a change in ownership. The effective tax rate for the nine months ended September 30, 2016 was also impacted by the reversal of a deferred tax valuation allowance related to our mortgage insurance business in Europe due to taxable gains supporting the recognition of these deferred tax assets in the current year.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2016
Segment Information	(11) Segment Information Beginning in the fourth quarter of 2015, we changed how we review our operating businesses and no longer have separate reporting divisions. Under our new structure, we have the following five operating business segments: U.S. Mortgage Insurance; Canada Mortgage Insurance; Australia Mortgage Insurance; U.S Life Insurance (which includes our long-term care insurance, life insurance and fixed annuities businesses); and Runoff (which includes the results of non-strategic products which are no longer actively sold). In addition to our five operating business segments, we also have Corporate and Other activities which include debt financing expenses that are incurred at the Genworth Holdings level, unallocated corporate income and expenses, eliminations of inter-segment transactions and the results of other businesses that are managed outside of our operating segments, including certain smaller international mortgage insurance businesses and discontinued operations. Financial information has been updated for all periods to reflect the reorganized segment reporting structure. We allocate our consolidated provision for income taxes to our operating segments. Our allocation methodology applies a specific tax rate to the pre-tax income (loss) of each segment, which is then adjusted in each segment to reflect the tax attributes of items unique to that segment such as foreign income. The difference between the consolidated provision for income taxes and the sum of the provision for income taxes in each segment is reflected in Corporate and Other activities. The annually-determined tax rates and adjustments to each segment’s provision for income taxes are estimates which are subject to review and could change from year to year. We use the same accounting policies and procedures to measure segment income (loss) and assets as our consolidated net income (loss) and assets. Our chief operating decision maker evaluates segment performance and allocates resources on the basis of “net operating income (loss) available to Genworth Financial, Inc.’s common stockholders.” We define net operating income (loss) available to Genworth Financial, Inc.’s common stockholders as income (loss) from continuing operations excluding the after-tax effects of income attributable to noncontrolling interests, net investment gains (losses), goodwill impairments, gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, gains (losses) on insurance block transactions, restructuring costs and infrequent or unusual non-operating items. Gains (losses) on insurance block transactions are defined as gains (losses) on the early extinguishment of non-recourse funding obligations, early termination fees for other financing restructuring and/or resulting gains (losses) on reinsurance restructuring for certain blocks of business. We exclude net investment gains (losses) and infrequent or unusual non-operating items because we do not consider them to be related to the operating performance of our segments and Corporate and Other activities. A component of our net investment gains (losses) is the result of impairments, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to our discretion and are influenced by market opportunities, as well as asset-liability matching considerations. Goodwill impairments, gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, gains (losses) on insurance block transactions and restructuring costs are also excluded from net operating income (loss) because, in our opinion, they are not indicative of overall operating trends. Infrequent or unusual non-operating items are also excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders if, in our opinion, they are not indicative of overall operating trends. While some of these items may be significant components of net income (loss) available to Genworth Financial, Inc.’s common stockholders in accordance with U.S. GAAP, we believe that net operating income (loss) available to Genworth Financial, Inc.’s common stockholders, and measures that are derived from or incorporate net operating income (loss) available to Genworth Financial, Inc.’s common stockholders, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the business. Management also uses net operating income (loss) available to Genworth Financial, Inc.’s common stockholders as a basis for determining awards and compensation for senior management and to evaluate performance on a basis comparable to that used by analysts. However, the items excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders have occurred in the past and could, and in some cases will, recur in the future. Net operating income (loss) available to Genworth Financial, Inc.’s common stockholders is not a substitute for net income (loss) available to Genworth Financial, Inc.’s common stockholders determined in accordance with U.S. GAAP. In addition, our definition of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders may differ from the definitions used by other companies. Adjustments to reconcile net income (loss) attributable to Genworth Financial, Inc.’s common stockholders and net operating income (loss) available to Genworth Financial, Inc.’s common stockholders assume a 35% tax rate (unless otherwise indicated) and are net of the portion attributable to noncontrolling interests. Net investment gains (losses) are also adjusted for DAC and other intangible amortization and certain benefit reserves. In June 2016, we completed the sale of our term life insurance new business platform and recorded a pre-tax gain of $12 million. In May 2016, we completed the sale of our mortgage insurance business in Europe and recorded an additional pre-tax loss of $2 million. In the first quarter of 2016, we recorded an estimated pre-tax loss of $7 million and a tax benefit of $27 million related to the planned sale of our mortgage insurance business in Europe. We recognized a tax charge of $7 million in the third quarter of 2015 from potential business portfolio changes related to the sale of this business. These transactions were excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders for the periods presented as they related to a gain (loss) on the sale of businesses. In June 2016, we settled restricted borrowings of $70 million related to a securitization entity and recorded a $64 million pre-tax gain related to the early extinguishment of debt. In January 2016, we paid a pre-tax make-whole expense of $20 million related to the early redemption of Genworth Holdings’ 2016 Notes. We also repurchased $28 million principal amount of Genworth Holdings’ notes with various maturity dates for a pre-tax gain of $4 million in the first quarter of 2016. In the third quarter of 2015, we paid an early redemption payment of approximately $1 million, net of the portion attributable to noncontrolling interests, related to the early redemption of Genworth Financial Mortgage Insurance Pty Limited’s notes that were scheduled to mature in 2021. In the third quarter of 2015, we also repurchased approximately $50 million principal amount of Genworth Holdings, Inc.’s notes with various maturity dates for a pre-tax loss of $1 million. These transactions were excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders for the periods presented as they related to a gain (loss) on the early extinguishment of debt. In the first quarter of 2016, we completed a life block transaction resulting in a pre-tax loss of $9 million in connection with the early extinguishment of non-recourse funding obligations. In the third quarter of 2015, we recorded a pre-tax DAC impairment of $455 million on certain term life insurance policies in connection with entering into an agreement to complete a life block transaction. In the third, second and first quarters of 2016, we recorded a pre-tax expense of $2 million, $5 million and $15 million, respectively, related to restructuring costs as part of an expense reduction plan as we evaluate and appropriately size our organizational needs and expenses. In the second quarter of 2015, we also recorded a pre-tax expense of $3 million related to restructuring costs. There were no infrequent or unusual items excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders during the periods presented other than fees incurred during the first quarter of 2016 related to Genworth Holdings’ bond consent solicitation of $18 million for broker, advisor and investment banking fees. The following is a summary of revenues for our segments and Corporate and Other activities for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Revenues: U.S. Mortgage Insurance segment $ 186 $ 161 $ 537 $ 497 Canada Mortgage Insurance segment 156 124 463 429 Australia Mortgage Insurance segment 115 122 333 360 U.S. Life Insurance segment: Long-term care insurance 980 949 3,051 2,769 Life insurance 418 455 953 1,419 Fixed annuities 218 221 613 683 U.S. Life Insurance segment 1,616 1,625 4,617 4,871 Runoff segment 84 53 218 209 Corporate and Other activities (7 ) 15 3 26 Total revenues $ 2,150 $ 2,100 $ 6,171 $ 6,392 The following is a summary of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities and a reconciliation of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities to net loss available to Genworth Financial, Inc.’s common stockholders for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Net operating income (loss) available to Genworth Financial, Inc.‘s common stockholders: U.S. Mortgage Insurance segment $ 67 $ 37 $ 189 $ 138 Canada Mortgage Insurance segment 36 38 107 115 Australia Mortgage Insurance segment 14 21 48 80 U.S. Life Insurance segment: Long-term care insurance (270 ) (10 ) (199 ) 10 Life insurance 48 31 110 93 Fixed annuities 15 19 28 75 U.S. Life Insurance segment (207 ) 40 (61 ) 178 Runoff segment 12 (4 ) 22 16 Corporate and Other activities (327 ) (68 ) (484 ) (190 ) Net operating income (loss) available to Genworth Financial, Inc.’s common stockholders (405 ) 64 (179 ) 337 Adjustments to net operating income (loss) available to Genworth Financial, Inc.’s common stockholders: Net investment gains (losses), net (1) 18 (33 ) 38 (29 ) Gains (losses) on sale of businesses — — 3 — Gains (losses) on early extinguishment of debt, net (2) — (2 ) 48 (2 ) Gains (losses) from life block transactions — (455 ) (9 ) (455 ) Expenses related to restructuring (2 ) — (22 ) (3 ) Fees associated with bond consent solicitation — — (18 ) — Taxes on adjustments (6 ) 163 9 163 Income (loss) from continuing operations available to Genworth Financial, Inc.‘s common stockholders (395 ) (263 ) (130 ) 11 Add: income from continuing operations attributable to noncontrolling interests 48 46 151 150 Income (loss) from continuing operations (347 ) (217 ) 21 161 Income (loss) from discontinued operations, net of taxes 15 (21 ) (25 ) (334 ) Net loss (332 ) (238 ) (4 ) (173 ) Less: net income attributable to noncontrolling interests 48 46 151 150 Net loss available to Genworth Financial, Inc.‘s common stockholders $ (380 ) $ (284 ) $ (155 ) $ (323 ) (1) For the three months ended September 30, 2016 and 2015, net investment gains (losses) were adjusted for DAC and other intangible amortization and certain benefit reserves of zero and $10 million, respectively, and adjusted for net investment (gains) losses attributable to noncontrolling interests of $(2) million and $8 million, respectively. For the nine months ended September 30, 2016 and 2015, net investment gains (losses) were adjusted for DAC and other intangible amortization and certain benefit reserves of $15 million and $24 million, respectively, and adjusted for net investment (gains) losses attributable to noncontrolling interests of $(8) million and $6 million, respectively. (2) For the three and nine months ended September 30, 2015, (gains) losses on the early extinguishment of debt were adjusted for the portion attributable to noncontrolling interests of $(1) million. The following is a summary of total assets for our segments and Corporate and Other activities as of the dates indicated: (Amounts in millions) September 30, December 31, Assets: U.S. Mortgage Insurance segment $ 2,667 $ 2,899 Canada Mortgage Insurance segment 4,983 4,520 Australia Mortgage Insurance segment 2,794 2,987 U.S. Life Insurance segment 85,016 79,530 Runoff segment 11,503 12,115 Corporate and Other activities 1,889 4,253 Segment assets from continuing operations 108,852 106,304 Assets held for sale — 127 Total assets $ 108,852 $ 106,431

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies	(12) Commitments and Contingencies (a) Litigation and Regulatory Matters We face the risk of litigation and regulatory investigations and actions in the ordinary course of operating our businesses, including the risk of class action lawsuits. Our pending legal and regulatory actions include proceedings specific to us and others generally applicable to business practices in the industries in which we operate. In our insurance operations, we are, have been, or may become subject to class actions and individual suits alleging, among other things, issues relating to sales or underwriting practices, increases to in-force long-term care insurance premiums, payment of contingent or other sales commissions, claims payments and procedures, product design, product disclosure, administration, additional premium charges for premiums paid on a periodic basis, denial or delay of benefits, charging excessive or impermissible fees on products, recommending unsuitable products to customers, our pricing structures and business practices in our mortgage insurance businesses, such as captive reinsurance arrangements with lenders and contract underwriting services, violations of the Real Estate Settlement and Procedures Act of 1974 or related state anti-inducement laws, and mortgage insurance policy rescissions and curtailments, and breaching fiduciary or other duties to customers, including but not limited to breach of customer information. Plaintiffs in class action and other lawsuits against us may seek very large or indeterminate amounts which may remain unknown for substantial periods of time. In our investment-related operations, we are subject to litigation involving commercial disputes with counterparties. We are also subject to litigation arising out of our general business activities such as our contractual and employment relationships and securities lawsuits. In addition, we are also subject to various regulatory inquiries, such as information requests, subpoenas, books and record examinations and market conduct and financial examinations from state, federal and international regulators and other authorities. A substantial legal liability or a significant regulatory action against us could have an adverse effect on our business, financial condition and results of operations. Moreover, even if we ultimately prevail in the litigation, regulatory action or investigation, we could suffer significant reputational harm, which could have an adverse effect on our business, financial condition or results of operations. In a complaint filed in July 2016, Genworth Financial, Inc., Genworth Life and Annuity Insurance Company, Genworth Life Insurance Company of New York and Genworth Life Insurance Company were named in a putative class action lawsuit captioned Estate of Helen F. Walsh, Deceased v. Genworth Financial, Inc., et al In August 2014, Genworth Financial, Inc., its current chief executive officer and its then current chief financial officer were named in a putative class action lawsuit captioned Manuel Esguerra v. Genworth Financial, Inc. et al City of Pontiac General Employees’ Retirement System v. Genworth Financial, Inc. et al. Esguerra City of Pontiac Esguerra City of Pontiac City of Pontiac In re Genworth Financial, Inc. Securities Litigation. City of Hialeah Employees’ Retirement System v. Genworth Financial, Inc. et al. In April 2014, Genworth Financial, Inc., its former chief executive officer and its then current chief financial officer were named in a putative class action lawsuit captioned City of Hialeah Employees’ Retirement System v. Genworth Financial, Inc. et al. In re Genworth Financial, Inc. Securities Litigation. In January 2016, Genworth Financial, Inc., its current chief executive officer, its former chief executive officer, its former chief financial officer and current and former members of its board of directors were named in a shareholder derivative suit filed by International Union of Operating Engineers Local No. 478 Pension Fund, Richard L. Salberg and David Pinkoski in the Court of Chancery of the State of Delaware. The case was captioned Int’l Union of Operating Engineers Local No. 478 Pension Fund, et al v. McInerney, et al. Cohen v. McInerney, et al Genworth Financial, Inc. Consolidated Derivative Litigation In October 2016, Genworth Financial, Inc., its current chief executive officer, its former chief executive officer, its current chief financial officer, its former chief financial officer and current and former members of its board of directors were named in a shareholder derivative suit filed by Esther Chopp in the Court of Chancery of the State of Delaware. The case is captioned Chopp v. McInerney, et al. In November 2016, Genworth Financial, Inc., its chief executive officer and its current board of directors were named in a putative class action lawsuit captioned Faverman v. Genworth Financial, Inc., et al At this time, other than as noted above, we cannot determine or predict the ultimate outcome of any of the pending legal and regulatory matters specifically identified above or the likelihood of potential future legal and regulatory matters against us. Except as disclosed above, we also are not able to provide an estimate or range of reasonably possible losses related to these matters. Therefore, we cannot ensure that the current investigations and proceedings will not have a material adverse effect on our business, financial condition or results of operations. In addition, it is possible that related investigations and proceedings may be commenced in the future, and we could become subject to additional unrelated investigations and lawsuits. Increased regulatory scrutiny and any resulting investigations or proceedings could result in new legal precedents and industry-wide regulations or practices that could adversely affect our business, financial condition and results of operations. (b) Commitments As of September 30, 2016, we were committed to fund $188 million in limited partnership investments, $106 million in U.S. commercial mortgage loan investments and $43 million in private placement investments.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2016
Changes in Accumulated Other Comprehensive Income (Loss)	(13) Changes in Accumulated Other Comprehensive Income (Loss) The following tables show the changes in accumulated other comprehensive income (loss), net of taxes, by component as of and for the periods indicated: (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of July 1, 2016 $ 2,789 $ 2,439 $ (140 ) $ 5,088 OCI before reclassifications 86 72 (1 ) 157 Amounts reclassified from (to) OCI (9 ) (18 ) — (27 ) Current period OCI 77 54 (1 ) 130 Balances as of September 30, 2016 before noncontrolling interests 2,866 2,493 (141 ) 5,218 Less: change in OCI attributable to noncontrolling interests 6 — 10 16 Balances as of September 30, 2016 $ 2,860 $ 2,493 $ (151 ) $ 5,202 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of July 1, 2015 $ 1,628 $ 1,913 $ (232 ) $ 3,309 OCI before reclassifications 79 229 (302 ) 6 Amounts reclassified from (to) OCI 8 (12 ) — (4 ) Current period OCI 87 217 (302 ) 2 Balances as of September 30, 2015 before noncontrolling interests 1,715 2,130 (534 ) 3,311 Less: change in OCI attributable to noncontrolling interests (16 ) — (151 ) (167 ) Balances as of September 30, 2015 $ 1,731 $ 2,130 $ (383 ) $ 3,478 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of January 1, 2016 $ 1,254 $ 2,045 $ (289 ) $ 3,010 OCI before reclassifications 1,692 507 223 2,422 Amounts reclassified from (to) OCI (62 ) (59 ) — (121 ) Current period OCI 1,630 448 223 2,301 Balances as of September 30, 2016 before noncontrolling interests 2,884 2,493 (66 ) 5,311 Less: change in OCI attributable to noncontrolling interests 24 — 85 109 Balances as of September 30, 2016 $ 2,860 $ 2,493 $ (151 ) $ 5,202 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of January 1, 2015 $ 2,453 $ 2,070 $ (77 ) $ 4,446 OCI before reclassifications (727 ) 99 (619 ) (1,247 ) Amounts reclassified from (to) OCI (1 ) (39 ) — (40 ) Current period OCI (728 ) 60 (619 ) (1,287 ) Balances as of September 30, 2015 before noncontrolling interests 1,725 2,130 (696 ) 3,159 Less: change in OCI attributable to noncontrolling interests (6 ) — (313 ) (319 ) Balances as of September 30, 2015 $ 1,731 $ 2,130 $ (383 ) $ 3,478 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. The foreign currency translation and other adjustments balance included $5 million and $31 million, respectively, net of taxes of $2 million and $14 million, respectively, related to a net unrecognized postretirement benefit obligation as of September 30, 2016 and 2015. Amount also included taxes of $(37) million and $(93) million, respectively, related to foreign currency translation adjustments as of September 30, 2016 and 2015. The following table shows reclassifications in (out) of accumulated other comprehensive income (loss), net of taxes, for the periods presented: Amount reclassified from accumulated other Affected line item in the consolidated statements of income Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Net unrealized investment (gains) losses: Unrealized (gains) losses on investments (1) $ (13 ) $ 13 $ (95 ) $ (1 ) Net investment (gains) losses Provision for income taxes 4 (5 ) 33 — Provision for income taxes Total $ (9 ) $ 8 $ (62 ) $ (1 ) Derivatives qualifying as hedges: Interest rate swaps hedging assets $ (27 ) $ (22 ) $ (80 ) $ (61 ) Net investment income Interest rate swaps hedging assets — — (1 ) — Net investment (gains) losses Inflation indexed swaps — 5 (2 ) 2 Net investment income Inflation indexed swaps — — (7 ) — Net investment (gains) losses Forward bond purchase commitments — (1 ) — (1 ) Net investment income Provision for income taxes 9 6 31 21 Provision for income taxes Total $ (18 ) $ (12 ) $ (59 ) $ (39 ) (1) Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

Sale of Businesses

Sale of Businesses	9 Months Ended
	Sep. 30, 2016
Sale of Businesses	(14) Sale of Businesses European mortgage insurance business As discussed in note 1, on May 9, 2016, GMICO completed the sale of our European mortgage insurance business to AmTrust Financial Services, Inc. and received net proceeds of approximately $50 million. As a result of the completion of the sale, we recorded an additional pre-tax loss of $2 million in the second quarter of 2016. In the first quarter of 2016, we also recorded an estimated pre-tax loss of $7 million and a tax benefit of $27 million primarily related to the reversal of a deferred tax valuation allowance for a total net after-tax gain of $18 million in 2016. The major assets and liability categories of our European mortgage insurance business were as follows as of the dates indicated: (Amounts in millions) September 30, December 31, Assets Investments: Fixed maturity securities available-for-sale, at fair value $ — $ 195 Other invested assets — 6 Total investments — 201 Cash and cash equivalents — 28 Accrued investment income — 3 Reinsurance recoverable — 21 Other assets — 14 Assets held for sale — 267 Fair value less closing costs impairment — (140 ) Total assets held for sale $ — $ 127 Liabilities Liability for policy and contract claims $ — $ 56 Unearned premiums — 58 Other liabilities — 12 Deferred tax liability — 1 Liabilities held for sale $ — $ 127 Deferred tax liabilities that result in future taxable or deductible amounts to the remaining consolidated group have been reflected in liabilities of continuing operations and not reflected in liabilities held for sale. Lifestyle protection insurance business On December 1, 2015, we completed the sale of our lifestyle protection insurance business and received approximately $493 million with net proceeds of approximately $400 million. In the third quarter of 2016, we recorded an after-tax gain of $15 million primarily related to tax items. In the second quarter of 2016, we finalized the closing balance sheet and purchase price adjustments and recorded an additional after-tax loss of $21 million primarily for tax related items. During the first quarter of 2016, we recorded an additional after-tax loss of approximately $19 million primarily related to claim liabilities and taxes we retain. The total additional after-tax loss recorded in 2016 was $25 million. We retained liabilities for taxes and certain claims and sales practices that occurred while we owned the lifestyle protection insurance business. We have established our current best estimates for these liabilities, where appropriate; however, there may be future adjustments to these estimates. In connection with the settlement of the U.K. pension plan as part of the sale of our lifestyle protection insurance business, we purchased a group annuity contract. The amounts associated with the group annuity contract were held in a third-party trust for the benefit of the participants until individual annuity contracts were transferred to the participants on September 1, 2016. As a result, the U.K. pension plan was completely settled in September 2016. Life insurance business On June 24, 2016, we completed the sale of our term life insurance new business platform to Pacific Life Insurance Company for a purchase price of $29 million. The sale primarily included a building located in Lynchburg, Virginia and software. As a result of this transaction, we recorded a pre-tax gain of $12 million and taxes of $4 million.

Condensed Consolidating Financi

Condensed Consolidating Financial Information	9 Months Ended
	Sep. 30, 2016
Condensed Consolidating Financial Information	(15) Condensed Consolidating Financial Information Genworth Financial provides a full and unconditional guarantee to the trustee of Genworth Holdings’ outstanding senior notes and the holders of the senior notes, on an unsecured unsubordinated basis, of the full and punctual payment of the principal of, premium, if any and interest on, and all other amounts payable under, each outstanding series of senior notes, and the full and punctual payment of all other amounts payable by Genworth Holdings under the senior notes indenture in respect of such senior notes. Genworth Financial also provides a full and unconditional guarantee to the trustee of Genworth Holdings’ outstanding subordinated notes and the holders of the subordinated notes, on an unsecured subordinated basis, of the full and punctual payment of the principal of, premium, if any and interest on, and all other amounts payable under, the outstanding subordinated notes, and the full and punctual payment of all other amounts payable by Genworth Holdings under the subordinated notes indenture in respect of the subordinated notes. Genworth Holdings is a direct, 100% owned subsidiary of Genworth Financial. The following condensed consolidating financial information of Genworth Financial and its direct and indirect subsidiaries have been prepared pursuant to rules regarding the preparation of consolidating financial information of Regulation S-X. The condensed consolidating financial information has been prepared as if the guarantee had been in place during the periods presented herein. The condensed consolidating financial information presents the condensed consolidating balance sheet information as of September 30, 2016 and December 31, 2015, the condensed consolidating income statement information and the condensed consolidating comprehensive income statement information for the three and nine months ended September 30, 2016 and 2015 and the condensed consolidating cash flows statement information for the nine months ended September 30, 2016 and 2015. The condensed consolidating financial information reflects Genworth Financial (“Parent Guarantor”), Genworth Holdings (“Issuer”) and each of Genworth Financial’s other direct and indirect subsidiaries (the “All Other Subsidiaries”) on a combined basis, none of which guarantee the senior notes or subordinated notes, as well as the eliminations necessary to present Genworth Financial’s financial information on a consolidated basis and total consolidated amounts. The accompanying condensed consolidating financial information is presented based on the equity method of accounting for all periods presented. Under this method, investments in subsidiaries are recorded at cost and adjusted for the subsidiaries’ cumulative results of operations, capital contributions and distributions, and other changes in equity. Elimination entries include consolidating and eliminating entries for investments in subsidiaries and intercompany activity. The following table presents the condensed consolidating balance sheet information as of September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Assets Investments: Fixed maturity securities available-for-sale, at fair value $ — $ — $ 63,980 $ (200 ) $ 63,780 Equity securities available-for-sale, at fair value — — 590 — 590 Commercial mortgage loans — — 6,017 — 6,017 Restricted commercial mortgage loans related to securitization entities — — 134 — 134 Policy loans — — 1,751 — 1,751 Other invested assets — 102 2,582 (8 ) 2,676 Restricted other invested assets related to securitization entities, at fair value — — 312 — 312 Investments in subsidiaries 14,945 14,517 — (29,462 ) — Total investments 14,945 14,619 75,366 (29,670 ) 75,260 Cash and cash equivalents — 1,065 2,013 — 3,078 Accrued investment income — — 677 — 677 Deferred acquisition costs — — 3,982 — 3,982 Intangible assets and goodwill — — 258 — 258 Reinsurance recoverable — — 17,542 — 17,542 Other assets 3 188 380 (1 ) 570 Intercompany notes receivable — 60 85 (145 ) — Separate account assets — — 7,485 — 7,485 Total assets $ 14,948 $ 15,932 $ 107,788 $ (29,816 ) $ 108,852 Liabilities and equity Liabilities: Future policy benefits $ — $ — $ 37,405 $ — $ 37,405 Policyholder account balances — — 25,867 — 25,867 Liability for policy and contract claims — — 8,869 — 8,869 Unearned premiums — — 3,464 — 3,464 Other liabilities 30 305 2,955 (10 ) 3,280 Intercompany notes payable 60 285 — (345 ) — Borrowings related to securitization entities — — 78 — 78 Non-recourse funding obligations — — 310 — 310 Long-term borrowings — 3,714 480 — 4,194 Deferred tax liability (13 ) (761 ) 1,925 — 1,151 Separate account liabilities — — 7,485 — 7,485 Total liabilities 77 3,543 88,838 (355 ) 92,103 Equity: Common stock 1 — — — 1 Additional paid-in capital 11,959 9,097 20,251 (29,348 ) 11,959 Accumulated other comprehensive income (loss) 5,202 5,188 5,255 (10,443 ) 5,202 Retained earnings 409 (1,896 ) (8,734 ) 10,630 409 Treasury stock, at cost (2,700 ) — — — (2,700 ) Total Genworth Financial, Inc.’s stockholders’ equity 14,871 12,389 16,772 (29,161 ) 14,871 Noncontrolling interests — — 2,178 (300 ) 1,878 Total equity 14,871 12,389 18,950 (29,461 ) 16,749 Total liabilities and equity $ 14,948 $ 15,932 $ 107,788 $ (29,816 ) $ 108,852 The following table presents the condensed consolidating balance sheet information as of December 31, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Assets Investments: Fixed maturity securities available-for-sale, at fair value $ — $ 150 $ 58,247 $ (200 ) $ 58,197 Equity securities available-for-sale, at fair value — — 310 — 310 Commercial mortgage loans — — 6,170 — 6,170 Restricted commercial mortgage loans related to securitization entities — — 161 — 161 Policy loans — — 1,568 — 1,568 Other invested assets — 114 2,198 (3 ) 2,309 Restricted other invested assets related to securitization entities, at fair value — — 413 — 413 Investments in subsidiaries 12,814 12,989 — (25,803 ) — Total investments 12,814 13,253 69,067 (26,006 ) 69,128 Cash and cash equivalents — 1,124 4,841 — 5,965 Accrued investment income — — 657 (4 ) 653 Deferred acquisition costs — — 4,398 — 4,398 Intangible assets and goodwill — — 357 — 357 Reinsurance recoverable — — 17,245 — 17,245 Other assets — 199 323 (2 ) 520 Intercompany notes receivable — 2 458 (460 ) — Deferred tax assets 25 1,038 (908 ) — 155 Separate account assets — — 7,883 — 7,883 Assets held for sale — — 127 — 127 Total assets $ 12,839 $ 15,616 $ 104,448 $ (26,472 ) $ 106,431 Liabilities and equity Liabilities: Future policy benefits $ — $ — $ 36,475 $ — $ 36,475 Policyholder account balances — — 26,209 — 26,209 Liability for policy and contract claims — — 8,095 — 8,095 Unearned premiums — — 3,308 — 3,308 Other liabilities 13 279 2,722 (10 ) 3,004 Intercompany notes payable 2 658 — (660 ) — Borrowings related to securitization entities — — 179 — 179 Non-recourse funding obligations — — 1,920 — 1,920 Long-term borrowings — 4,078 492 — 4,570 Deferred tax liability — — 24 — 24 Separate account liabilities — — 7,883 — 7,883 Liabilities held for sale — — 127 — 127 Total liabilities 15 5,015 87,434 (670 ) 91,794 Equity: Common stock 1 — — — 1 Additional paid-in capital 11,949 9,097 17,007 (26,104 ) 11,949 Accumulated other comprehensive income (loss) 3,010 3,116 3,028 (6,144 ) 3,010 Retained earnings 564 (1,612 ) (5,134 ) 6,746 564 Treasury stock, at cost (2,700 ) — — — (2,700 ) Total Genworth Financial, Inc.’s stockholders’ equity 12,824 10,601 14,901 (25,502 ) 12,824 Noncontrolling interests — — 2,113 (300 ) 1,813 Total equity 12,824 10,601 17,014 (25,802 ) 14,637 Total liabilities and equity $ 12,839 $ 15,616 $ 104,448 $ (26,472 ) $ 106,431 The following table presents the condensed consolidating income statement information for the three months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Revenues: Premiums $ — $ — $ 1,108 $ — $ 1,108 Net investment income (2 ) 1 810 (4 ) 805 Net investment gains (losses) — (1 ) 21 — 20 Policy fees and other income — — 217 — 217 Total revenues (2 ) — 2,156 (4 ) 2,150 Benefits and expenses: Benefits and other changes in policy reserves — — 1,662 — 1,662 Interest credited — — 173 — 173 Acquisition and operating expenses, net of deferrals 13 — 256 — 269 Amortization of deferred acquisition costs and intangibles — — 94 — 94 Interest expense — 69 12 (4 ) 77 Total benefits and expenses 13 69 2,197 (4 ) 2,275 Loss from continuing operations before income taxes and equity in loss of subsidiaries (15 ) (69 ) (41 ) — (125 ) Provision (benefit) for income taxes (4 ) 155 71 — 222 Equity in loss of subsidiaries (369 ) (207 ) — 576 — Loss from continuing operations (380 ) (431 ) (112 ) 576 (347 ) Income from discontinued operations, net of taxes — 11 4 — 15 Net loss (380 ) (420 ) (108 ) 576 (332 ) Less: net income attributable to noncontrolling interests — — 48 — 48 Net loss available to Genworth Financial, Inc.’s common stockholders $ (380 ) $ (420 ) $ (156 ) $ 576 $ (380 ) The following table presents the condensed consolidating income statement information for the three months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Revenues: Premiums $ — $ — $ 1,145 $ — $ 1,145 Net investment income (1 ) — 788 (4 ) 783 Net investment gains (losses) — 21 (72 ) — (51 ) Policy fees and other income — (10 ) 233 — 223 Total revenues (1 ) 11 2,094 (4 ) 2,100 Benefits and expenses: Benefits and other changes in policy reserves — — 1,290 — 1,290 Interest credited — — 179 — 179 Acquisition and operating expenses, net of deferrals 9 1 304 — 314 Amortization of deferred acquisition costs and intangibles — — 563 — 563 Interest expense — 77 32 (4 ) 105 Total benefits and expenses 9 78 2,368 (4 ) 2,451 Loss from continuing operations before income taxes and equity in loss of subsidiaries (10 ) (67 ) (274 ) — (351 ) Provision (benefit) for income taxes (40 ) 21 (115 ) — (134 ) Equity in loss of subsidiaries (314 ) (270 ) — 584 — Loss from continuing operations (284 ) (358 ) (159 ) 584 (217 ) Loss from discontinued operations, net of taxes — — (21 ) — (21 ) Net loss (284 ) (358 ) (180 ) 584 (238 ) Less: net income attributable to noncontrolling interests — — 46 — 46 Net loss available to Genworth Financial, Inc.’s common stockholders $ (284 ) $ (358 ) $ (226 ) $ 584 $ (284 ) The following table presents the condensed consolidating income statement information for the nine months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Revenues: Premiums $ — $ — $ 3,029 $ — $ 3,029 Net investment income (3 ) 1 2,386 (11 ) 2,373 Net investment gains (losses) — (14 ) 45 — 31 Policy fees and other income — (6 ) 745 (1 ) 738 Total revenues (3 ) (19 ) 6,205 (12 ) 6,171 Benefits and expenses: Benefits and other changes in policy reserves — — 3,715 — 3,715 Interest credited — — 523 — 523 Acquisition and operating expenses, net of deferrals 118 38 834 — 990 Amortization of deferred acquisition costs and intangibles — — 305 — 305 Interest expense 1 210 63 (12 ) 262 Total benefits and expenses 119 248 5,440 (12 ) 5,795 Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries (122 ) (267 ) 765 — 376 Provision (benefit) for income taxes (31 ) 88 298 — 355 Equity in income (loss) of subsidiaries (62 ) 78 — (16 ) — Income (loss) from continuing operations (153 ) (277 ) 467 (16 ) 21 Loss from discontinued operations, net of taxes (2 ) (7 ) (16 ) — (25 ) Net income (loss) (155 ) (284 ) 451 (16 ) (4 ) Less: net income attributable to noncontrolling interests — — 151 — 151 Net income (loss) available to Genworth Financial, Inc.’s common stockholders $ (155 ) $ (284 ) $ 300 $ (16 ) $ (155 ) The following table presents the condensed consolidating income statement information for the nine months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Revenues: Premiums $ — $ — $ 3,422 $ — $ 3,422 Net investment income (2 ) 1 2,369 (11 ) 2,357 Net investment gains (losses) — 37 (96 ) — (59 ) Policy fees and other income — (30 ) 703 (1 ) 672 Total revenues (2 ) 8 6,398 (12 ) 6,392 Benefits and expenses: Benefits and other changes in policy reserves — — 3,714 — 3,714 Interest credited — — 540 — 540 Acquisition and operating expenses, net of deferrals 23 2 851 — 876 Amortization of deferred acquisition costs and intangibles — — 759 — 759 Interest expense — 231 96 (12 ) 315 Total benefits and expenses 23 233 5,960 (12 ) 6,204 Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries (25 ) (225 ) 438 — 188 Provision (benefit) for income taxes (7 ) (81 ) 115 — 27 Equity in income (loss) of subsidiaries (299 ) (319 ) — 618 — Income (loss) from continuing operations (317 ) (463 ) 323 618 161 Loss from discontinued operations, net of taxes (6 ) — (328 ) — (334 ) Net loss (323 ) (463 ) (5 ) 618 (173 ) Less: net income attributable to noncontrolling interests — — 150 — 150 Net loss available to Genworth Financial, Inc.’s common stockholders $ (323 ) $ (463 ) $ (155 ) $ 618 $ (323 ) The following table presents the condensed consolidating comprehensive income statement information for the three months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Net loss $ (380 ) $ (420 ) $ (108 ) $ 576 $ (332 ) Other comprehensive income (loss), net of taxes: Net unrealized gains (losses) on securities not other-than-temporarily impaired 66 63 73 (130 ) 72 Net unrealized gains (losses) on other-than-temporarily impaired securities 5 4 4 (8 ) 5 Derivatives qualifying as hedges 54 54 57 (111 ) 54 Foreign currency translation and other adjustments (11 ) (3 ) — 13 (1 ) Total other comprehensive income (loss) 114 118 134 (236 ) 130 Total comprehensive income (loss) (266 ) (302 ) 26 340 (202 ) Less: comprehensive income attributable to noncontrolling interests — — 64 — 64 Total comprehensive income (loss) available to Genworth Financial, Inc.‘s common stockholders $ (266 ) $ (302 ) $ (38 ) $ 340 $ (266 ) The following table presents the condensed consolidating comprehensive income statement information for the three months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Net loss $ (284 ) $ (358 ) $ (180 ) $ 584 $ (238 ) Other comprehensive income (loss), net of taxes: Net unrealized gains (losses) on securities not other-than-temporarily impaired 103 111 85 (212 ) 87 Net unrealized gains (losses) on other-than-temporarily impaired securities — (1 ) — 1 — Derivatives qualifying as hedges 217 217 231 (448 ) 217 Foreign currency translation and other adjustments (151 ) (127 ) (302 ) 278 (302 ) Total other comprehensive income (loss) 169 200 14 (381 ) 2 Total comprehensive income (loss) (115 ) (158 ) (166 ) 203 (236 ) Less: comprehensive income attributable to noncontrolling interests — — (121 ) — (121 ) Total comprehensive income (loss) available to Genworth Financial, Inc.‘s common stockholders $ (115 ) $ (158 ) $ (45 ) $ 203 $ (115 ) The following table presents the condensed consolidating comprehensive income statement information for the nine months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Net income (loss) $ (155 ) $ (284 ) $ 451 $ (16 ) $ (4 ) Other comprehensive income (loss), net of taxes: Net unrealized gains (losses) on securities not other-than-temporarily impaired 1,600 1,555 1,625 (3,156 ) 1,624 Net unrealized gains (losses) on other-than-temporarily impaired securities 6 5 6 (11 ) 6 Derivatives qualifying as hedges 448 447 481 (928 ) 448 Foreign currency translation and other adjustments 138 65 224 (204 ) 223 Total other comprehensive income (loss) 2,192 2,072 2,336 (4,299 ) 2,301 Total comprehensive income (loss) 2,037 1,788 2,787 (4,315 ) 2,297 Less: comprehensive income attributable to noncontrolling interests — — 260 — 260 Total comprehensive income available to Genworth Financial, Inc.‘s common stockholders $ 2,037 $ 1,788 $ 2,527 $ (4,315 ) $ 2,037 The following table presents the condensed consolidating comprehensive income statement information for the nine months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Net loss $ (323 ) $ (463 ) $ (5 ) $ 618 $ (173 ) Other comprehensive income (loss), net of taxes: Net unrealized gains (losses) on securities not other-than-temporarily impaired (708 ) (696 ) (729 ) 1,405 (728 ) Net unrealized gains (losses) on other-than-temporarily impaired securities — (1 ) — 1 — Derivatives qualifying as hedges 60 60 68 (128 ) 60 Foreign currency translation and other adjustments (344 ) (276 ) (619 ) 620 (619 ) Total other comprehensive income (loss) (992 ) (913 ) (1,280 ) 1,898 (1,287 ) Total comprehensive income (loss) (1,315 ) (1,376 ) (1,285 ) 2,516 (1,460 ) Less: comprehensive income attributable to noncontrolling interests — — (145 ) — (145 ) Total comprehensive income (loss) available to Genworth Financial, Inc.‘s common stockholders $ (1,315 ) $ (1,376 ) $ (1,140 ) $ 2,516 $ (1,315 ) The following table presents the condensed consolidating cash flows statement information for the nine months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Cash flows from operating activities: Net income (loss) $ (155 ) $ (284 ) $ 451 $ (16 ) $ (4 ) Less loss from discontinued operations, net of taxes 2 7 16 — 25 Adjustments to reconcile net income (loss) to net cash from operating activities: Equity in (income) loss from subsidiaries 62 (78 ) — 16 — Dividends from subsidiaries — 250 (250 ) — — (Gain) loss on sale of businesses — 1 (27 ) — (26 ) Amortization of fixed maturity securities discounts and premiums and limited partnerships — 3 (115 ) — (112 ) Net investment losses (gains) — 14 (45 ) — (31 ) Charges assessed to policyholders — — (574 ) — (574 ) Acquisition costs deferred — — (124 ) — (124 ) Amortization of deferred acquisition costs and intangibles — — 305 — 305 Deferred income taxes 8 304 (139 ) — 173 Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments — 5 754 — 759 Stock-based compensation expense 18 — 7 — 25 Change in certain assets and liabilities: Accrued investment income and other assets (3 ) (4 ) (246 ) (5 ) (258 ) Insurance reserves — — 691 — 691 Current tax liabilities 11 (4 ) 37 — 44 Other liabilities, policy and contract claims and other policy-related balances (1 ) (22 ) 928 — 905 Net cash from operating activities (58 ) 192 1,669 (5 ) 1,798 Cash flows from investing activities: Proceeds from maturities and repayments of investments: Fixed maturity securities — 150 2,496 — 2,646 Commercial mortgage loans — — 555 — 555 Restricted commercial mortgage loans related to securitization entities — — 27 — 27 Proceeds from sales of investments: Fixed maturity and equity securities — — 4,064 — 4,064 Purchases and originations of investments: Fixed maturity and equity securities — — (8,758 ) — (8,758 ) Commercial mortgage loans — — (405 ) — (405 ) Other invested assets, net — — (143 ) 5 (138 ) Policy loans, net — — (80 ) — (80 ) Intercompany notes receivable — (58 ) (18 ) 76 — Proceeds from sale of businesses, net of cash transferred — 1 38 — 39 Net cash from investing activities — 93 (2,224 ) 81 (2,050 ) Cash flows from financing activities: Deposits to universal life and investment contracts — — 1,028 — 1,028 Withdrawals from universal life and investment contracts — — (1,463 ) — (1,463 ) Redemption of non-recourse funding obligations — — (1,620 ) — (1,620 ) Repayment and repurchase of long-term debt — (326 ) (36 ) — (362 ) Repayment of borrowings related to securitization entities — — (37 ) — (37 ) Return of capital to noncontrolling interests — — (70 ) — (70 ) Dividends paid to noncontrolling interests — — (126 ) — (126 ) Proceeds from intercompany notes payable 58 18 — (76 ) — Other, net — (36 ) (13 ) — (49 ) Net cash from financing activities 58 (344 ) (2,337 ) (76 ) (2,699 ) Effect of exchange rate changes on cash and cash equivalents — — 36 — 36 Net change in cash and cash equivalents — (59 ) (2,856 ) — (2,915 ) Cash and cash equivalents at beginning of period — 1,124 4,869 — 5,993 Cash and cash equivalents at end of period — 1,065 2,013 — 3,078 Less cash and cash equivalents held for sale at end of period — — — — — Cash and cash equivalents of continuing operations at end of period $ — $ 1,065 $ 2,013 $ — $ 3,078 The following table presents the condensed consolidating cash flows statement information for the nine months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Cash flows from operating activities: Net loss $ (323 ) $ (463 ) $ (5 ) $ 618 $ (173 ) Less loss from discontinued operations, net of taxes 6 — 328 — 334 Adjustments to reconcile net income (loss) to net cash from operating activities: Equity in loss from subsidiaries 299 319 — (618 ) — Dividends from subsidiaries — 454 (454 ) — — Amortization of fixed maturity securities discounts and premiums and limited partnerships — — (80 ) — (80 ) Net investment losses (gains) — (37 ) 96 — 59 Charges assessed to policyholders — — (586 ) — (586 ) Acquisition costs deferred — — (226 ) — (226 ) Amortization of deferred acquisition costs and intangibles — — 759 — 759 Deferred income taxes (2 ) (102 ) (13 ) — (117 ) Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments — 27 (274 ) — (247 ) Stock-based compensation expense 16 — (2 ) — 14 Change in certain assets and liabilities: Accrued investment income and other assets — 3 (133 ) (3 ) (133 ) Insurance reserves — — 1,270 — 1,270 Current tax liabilities (1 ) 13 (88 ) 5 (71 ) Other liabilities, policy and contract claims and other policy-related balances — (1 ) 353 — 352 Cash from operating activities—held for sale — — 3 — 3 Net cash from operating activities (5 ) 213 948 2 1,158 Cash flows from investing activities: Proceeds from maturities and repayments of investments: Fixed maturity securities — 1 3,388 — 3,389 Commercial mortgage loans — — 640 — 640 Restricted commercial mortgage loans related to securitization entities — — 27 — 27 Proceeds from sales of investments: Fixed maturity and equity securities — — 1,333 — 1,333 Purchases and originations of investments: Fixed maturity and equity securities — — (6,836 ) — (6,836 ) Commercial mortgage loans — — (678 ) — (678 ) Other invested assets, net — (100 ) 63 (2 ) (39 ) Policy loans, net — — 23 — 23 Intercompany notes receivable 7 (24 ) (4 ) 21 — Capital contributions to subsidiaries — (25 ) 25 — — Cash transferred for purchase of a subsidiary — (202 ) 202 — — Cash from investing activities—held for sale — — (22 ) — (22 ) Net cash from investing activities 7 (350 ) (1,839 ) 19 (2,163 ) Cash flows from financing activities: Deposits to universal life and investment contracts — — 1,693 — 1,693 Withdrawals from universal life and investment contracts — — (1,677 ) — (1,677 ) Redemption of non-recourse funding obligations — — (45 ) — (45 ) Proceeds from the issuance of long-term debt — — 150 — 150 Repayment and repurchase of long-term debt — (50 ) (70 ) — (120 ) Repayment of borrowings related to securitization entities — — (26 ) — (26 ) Proceeds from sale of subsidiary shares to noncontrolling interests — — 226 — 226 Repurchase of subsidiary shares — — (17 ) — (17 ) Dividends paid to noncontrolling interests — — (145 ) — (145 ) Proceeds from intercompany notes payable — (2 ) 23 (21 ) — Other, net (2 ) (30 ) 7 — (25 ) Cash from financing activities—held for sale — — (33 ) — (33 ) Net cash from financing activities (2 ) (82 ) 86 (21 ) (19 ) Effect of exchange rate changes on cash and cash equivalents — — (86 ) — (86 ) Net change in cash and cash equivalents — (219 ) (891 ) — (1,110 ) Cash and cash equivalents at beginning of period — 953 3,965 — 4,918 Cash and cash equivalents at end of period — 734 3,074 — 3,808 Less cash and cash equivalents held for sale at end of period — — 142 — 142 Cash and cash equivalents of continuing operations at end of period $ — $ 734 $ 2,932 $ — $ 3,666 Our insurance company subsidiaries are restricted by state and foreign laws and regulations as to the amount of dividends they may pay to their parent without regulatory approval in any year, the purpose of which is to protect affected insurance policyholders and contractholders, not stockholders. Any dividends in excess of limits are deemed “extraordinary” and require approval. Based on estimated statutory results as of December 31, 2015, in accordance with applicable dividend restrictions, our subsidiaries could pay dividends of approximately $140 million to us in 2016 without obtaining regulatory approval, and the remaining net assets are considered restricted. While the $140 million is unrestricted, we do not expect our insurance subsidiaries to pay dividends to us in 2016 at this level if they need to retain capital for growth and to meet capital requirements and desired thresholds. As of September 30, 2016, Genworth Financial’s and Genworth Holdings’ subsidiaries had restricted net assets of $14.8 billion and $14.4 billion, respectively.

Accounting Changes (Policies)

Accounting Changes (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Pronouncements Recently Adopted	Accounting Pronouncement Recently Adopted On January 1, 2016, we adopted new accounting guidance related to consolidation. The new guidance primarily impacts limited partnerships and similar legal entities, evaluation of fees paid to a decision maker as a variable interest, the effect of fee arrangements and related parties on the primary beneficiary determination and certain investment funds. The adoption of this new guidance did not have a material impact on our consolidated financial statements.
Accounting Pronouncements Not Yet Adopted	Accounting Pronouncements Not Yet Adopted In September 2016, the Financial Accounting Standards Board (the “FASB”) issued new guidance related to the statement of cash flows classification of certain cash payments and cash receipts. The guidance will reduce diversity in practice related to eight specific cash flow issues. The new guidance is effective for us on January 1, 2018, with early adoption permitted. We are in the process of determining the impact from this guidance on our consolidated financial statements. In June 2016, the FASB issued new guidance related to accounting for credit losses on financial instruments. The guidance requires that entities recognize an allowance equal to its estimate of lifetime expected credit losses and applies to most debt instruments not measured at fair value, which would primarily include our commercial mortgage loans and reinsurance receivables. The new guidance retains most of the existing impairment guidance for available-for-sale debt securities but amends the presentation of credit losses to be presented as an allowance as opposed to a write-down and permits the reversal of credit losses when reassessing changes in the credit losses each reporting period. The new guidance is effective for us on January 1, 2020, with early adoption permitted beginning January 1, 2019. Upon adoption, a cumulative effect adjustment in retained earnings as of the beginning of the year of adoption will be recorded. We are in the process of determining the impact from this guidance on our consolidated financial statements. In March 2016, the FASB issued new accounting guidance related to the accounting for stock compensation. The guidance primarily simplifies the accounting for employee share-based payment transactions, including a new requirement to record all of the income tax effects at settlement or expiration through the income statement, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The guidance is effective for us on January 1, 2017, with early adoption permitted. We are in the process of determining the impact from this guidance on our consolidated financial statements. In March 2016, the FASB issued new accounting guidance related to transition to the equity method of accounting. The guidance eliminates the retrospective application of the equity method of accounting when obtaining significant influence over a previously held investment. The guidance requires that an entity that has an available-for-sale equity security that becomes qualified for the equity method of accounting recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The guidance is effective for us on January 1, 2017, with early adoption permitted. We do not expect any significant impact from this guidance on our consolidated financial statements. In March 2016, the FASB issued new accounting guidance related to the assessment of contingent put and call options in debt instruments. The guidance clarifies the requirements for assessing whether contingent call (put) options that can accelerate the payment of principal on debt instruments are clearly and closely related to their debt hosts. An entity performing the assessment under the amendments in this update is required to assess the embedded call (put) options solely in accordance with the four-step decision sequence. The guidance is effective for us on January 1, 2017, with early adoption permitted. We are in the process of determining the impact from this guidance on our consolidated financial statements. In March 2016, the FASB issued new accounting guidance related to the effect of derivative contract novations on existing hedge accounting relationships. The guidance clarifies that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument does not, in and of itself, require dedesignation of that hedging relationship provided that all other hedge accounting criteria continue to be met. The guidance is effective for us on January 1, 2017, with early adoption permitted. This guidance is consistent with our accounting for derivative contract novations and, accordingly, we do not expect any impact on our consolidated financial statements. In February 2016, the FASB issued new accounting guidance related to the accounting for leases. The new guidance generally requires lessees to recognize both a right-to-use asset and a corresponding liability on the balance sheet. The guidance is effective for us on January 1, 2019, with early adoption permitted. We are still in the process of evaluating the impact this guidance will have on our consolidated financial statements.

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings (Loss) per Share	Basic and diluted earnings (loss) per share are calculated by dividing each income (loss) category presented below by the weighted-average basic and diluted common shares outstanding for the periods indicated: Three months ended Nine months ended (Amounts in millions, except per share amounts) 2016 2015 2016 2015 Weighted-average common shares used in basic earnings (loss) per common share calculations 498.3 497.4 498.3 497.3 Potentially dilutive securities: Stock options, restricted stock units and stock appreciation rights — — — 1.7 Weighted-average common shares used in diluted earnings (loss) per common share calculations (1) 498.3 497.4 498.3 499.0 Income (loss) from continuing operations: Income (loss) from continuing operations $ (347 ) $ (217 ) $ 21 $ 161 Less: income from continuing operations attributable to noncontrolling interests 48 46 151 150 Income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders $ (395 ) $ (263 ) $ (130 ) $ 11 Basic per common share $ (0.79 ) $ (0.53 ) $ (0.26 ) $ 0.02 Diluted per common share $ (0.79 ) $ (0.53 ) $ (0.26 ) $ 0.02 Income (loss) from discontinued operations: Income (loss) from discontinued operations, net of taxes $ 15 $ (21 ) $ (25 ) $ (334 ) Less: income from discontinued operations, net of taxes, attributable to noncontrolling interests — — — — Income (loss) from discontinued operations, net of taxes, available to Genworth Financial, Inc.’s common stockholders $ 15 $ (21 ) $ (25 ) $ (334 ) Basic per common share $ 0.03 $ (0.04 ) $ (0.05 ) $ (0.67 ) Diluted per common share $ 0.03 $ (0.04 ) $ (0.05 ) $ (0.67 ) Net loss: Income (loss) from continuing operations $ (347 ) $ (217 ) $ 21 $ 161 Income (loss) from discontinued operations, net of taxes 15 (21 ) (25 ) (334 ) Net loss (332 ) (238 ) (4 ) (173 ) Less: net income attributable to noncontrolling interests 48 46 151 150 Net loss available to Genworth Financial, Inc.’s common stockholders $ (380 ) $ (284 ) $ (155 ) $ (323 ) Basic per common share $ (0.76 ) $ (0.57 ) $ (0.31 ) $ (0.65 ) Diluted per common share $ (0.76 ) $ (0.57 ) $ (0.31 ) $ (0.65 ) (1) Under applicable accounting guidance, companies in a loss position are required to use basic weighted-average common shares outstanding in the calculation of diluted loss per share. Therefore, as a result of our loss from continuing operations available to Genworth Financial, Inc.’s common stockholders for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, we were required to use basic weighted-average common shares outstanding in the calculation of diluted loss per share for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, as the inclusion of shares for stock options, restricted stock units and stock appreciation rights of 2.2 million, 1.3 million and 1.8 million, respectively, would have been antidilutive to the calculation. If we had not incurred a loss from continuing operations available to Genworth Financial, Inc.’s common stockholders for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, dilutive potential weighted-average common shares outstanding would have been 500.5 million, 498.7 million and 500.1 million, respectively.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2016
Net Investment Income	Sources of net investment income were as follows for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Fixed maturity securities—taxable $ 655 $ 647 $ 1,930 $ 1,924 Fixed maturity securities—non-taxable 3 3 9 9 Commercial mortgage loans 79 84 237 252 Restricted commercial mortgage loans related to securitization entities 3 3 8 10 Equity securities 8 3 20 11 Other invested assets 34 26 105 103 Restricted other invested assets related to securitization entities — 1 3 3 Policy loans 38 33 107 101 Cash, cash equivalents and short-term investments 5 3 16 10 Gross investment income before expenses and fees 825 803 2,435 2,423 Expenses and fees (20 ) (20 ) (62 ) (66 ) Net investment income $ 805 $ 783 $ 2,373 $ 2,357
Net Investment Gains (Losses)	The following table sets forth net investment gains (losses) for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Available-for-sale securities: Realized gains $ 39 $ 14 $ 205 $ 49 Realized losses (24 ) (18 ) (75 ) (36 ) Net realized gains (losses) on available-for-sale securities 15 (4 ) 130 13 Impairments: Total other-than-temporary impairments (2 ) (10 ) (35 ) (13 ) Portion of other-than-temporary impairments included in other comprehensive income (loss) — 1 — 1 Net other-than-temporary impairments (2 ) (9 ) (35 ) (12 ) Trading securities (4 ) 12 40 2 Commercial mortgage loans (1 ) 1 1 5 Net gains (losses) related to securitization entities 2 (1 ) (51 ) 9 Derivative instruments (1) 10 (53 ) (52 ) (79 ) Contingent consideration adjustment — 2 (2 ) 2 Other — 1 — 1 Net investment gains (losses) $ 20 $ (51 ) $ 31 $ (59 ) (1) See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses).
Credit Losses Recognized in Net Income (Loss)	The following represents the activity for credit losses recognized in net income (loss) on debt securities where an other-than-temporary impairment was identified and a portion of other-than-temporary impairments was included in other comprehensive income (loss) (“OCI”) as of and for the periods indicated: As of or for the As of or for the (Amounts in millions) 2016 2015 2016 2015 Beginning balance $ 62 $ 75 $ 64 $ 83 Additions: Other-than-temporary impairments not previously recognized — — 1 — Reductions: Securities sold, paid down or disposed (8 ) (9 ) (11 ) (17 ) Ending balance $ 54 $ 66 $ 54 $ 66
Unrealized Investment Gains and Losses	Net unrealized gains and losses on available-for-sale investment securities reflected as a separate component of accumulated other comprehensive income (loss) were as follows as of the dates indicated: (Amounts in millions) September 30, 2016 December 31, 2015 Net unrealized gains (losses) on investment securities: Fixed maturity securities $ 6,621 $ 3,140 Equity securities (2 ) (10 ) Subtotal 6,619 3,130 Adjustments to deferred acquisition costs, present value of future profits, sales inducements and benefit reserves (2,045 ) (1,070 ) Income taxes, net (1,595 ) (711 ) Net unrealized investment gains (losses) 2,979 1,349 Less: net unrealized investment gains (losses) attributable to noncontrolling interests 119 95 Net unrealized investment gains (losses) attributable to Genworth Financial, Inc. $ 2,860 $ 1,254
Change in Net Unrealized Gains (Losses) on Available-for-Sale Investment Securities Reported in Accumulated Other Comprehensive Income (Loss)	The change in net unrealized gains (losses) on available-for-sale investment securities reported in accumulated other comprehensive income (loss) was as follows as of and for the periods indicated: As of or for the (Amounts in millions) 2016 2015 Beginning balance $ 2,789 $ 1,628 Unrealized gains (losses) arising during the period: Unrealized gains (losses) on investment securities 228 70 Adjustment to deferred acquisition costs (17 ) 32 Adjustment to present value of future profits 3 (5 ) Adjustment to sales inducements (6 ) 9 Adjustment to benefit reserves (81 ) 23 Provision for income taxes (41 ) (50 ) Change in unrealized gains (losses) on investment securities 86 79 Reclassification adjustments to net investment (gains) losses, net of taxes of $4 and $(5) (9 ) 8 Change in net unrealized investment gains (losses) 77 87 Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests 6 (16 ) Ending balance $ 2,860 $ 1,731 As of or for the (Amounts in millions) 2016 2015 Beginning balance $ 1,254 $ 2,453 Unrealized gains (losses) arising during the period: Unrealized gains (losses) on investment securities 3,584 (1,393 ) Adjustment to deferred acquisition costs (291 ) 102 Adjustment to present value of future profits (26 ) 45 Adjustment to sales inducements (46 ) 12 Adjustment to benefit reserves (612 ) 111 Provision for income taxes (917 ) 396 Change in unrealized gains (losses) on investment securities 1,692 (727 ) Reclassification adjustments to net investment (gains) losses, net of taxes of $33 and $— (62 ) (1 ) Change in net unrealized investment gains (losses) 1,630 (728 ) Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests 24 (6 ) Ending balance $ 2,860 $ 1,731
Fixed Maturity and Equity Securities	As of September 30, 2016, the amortized cost or cost, gross unrealized gains (losses) and fair value of our fixed maturity and equity securities classified as available-for-sale were as follows: Gross unrealized gains Gross unrealized losses (Amounts in millions) Amortized Not other-than- Other-than- Not other-than- Other-than- Fair Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 5,416 $ 1,288 $ — $ (1 ) $ — $ 6,703 State and political subdivisions 2,491 350 — (17 ) — 2,824 Non-U.S. government 2,052 175 — — — 2,227 U.S. corporate: Utilities 4,073 678 — (2 ) — 4,749 Energy 2,124 177 — (22 ) — 2,279 Finance and insurance 5,711 615 23 (9 ) — 6,340 Consumer—non-cyclical 4,190 689 — (1 ) — 4,878 Technology and communications 2,486 248 — (8 ) — 2,726 Industrial 1,181 114 — (4 ) — 1,291 Capital goods 1,876 319 — — — 2,195 Consumer—cyclical 1,506 158 — (4 ) — 1,660 Transportation 1,077 138 — — — 1,215 Other 335 27 — — — 362 Total U.S. corporate 24,559 3,163 23 (50 ) — 27,695 Non-U.S. corporate: Utilities 899 64 — (2 ) — 961 Energy 1,281 129 — (15 ) — 1,395 Finance and insurance 2,458 201 — (1 ) — 2,658 Consumer—non-cyclical 768 55 — (1 ) — 822 Technology and communications 968 80 — (1 ) — 1,047 Industrial 955 68 — (5 ) — 1,018 Capital goods 545 36 — (1 ) — 580 Consumer—cyclical 490 15 — — — 505 Transportation 605 81 — (3 ) — 683 Other 3,039 305 — (5 ) — 3,339 Total non-U.S. corporate 12,008 1,034 — (34 ) — 13,008 Residential mortgage-backed 4,418 396 11 (2 ) — 4,823 Commercial mortgage-backed 2,983 192 2 (4 ) — 3,173 Other asset-backed 3,324 28 1 (26 ) — 3,327 Total fixed maturity securities 57,251 6,626 37 (134 ) — 63,780 Equity securities 599 26 — (35 ) — 590 Total available-for-sale securities $ 57,850 $ 6,652 $ 37 $ (169 ) $ — $ 64,370 As of December 31, 2015, the amortized cost or cost, gross unrealized gains (losses) and fair value of our fixed maturity and equity securities classified as available-for-sale were as follows: Gross unrealized gains Gross unrealized losses (Amounts in millions) Amortized Not other-than- Other-than- Not other-than- Other-than- Fair Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 5,487 $ 732 $ — $ (16 ) $ — $ 6,203 State and political subdivisions 2,287 181 — (30 ) — 2,438 Non-U.S. government 1,910 110 — (5 ) — 2,015 U.S. corporate: Utilities 3,355 364 — (26 ) — 3,693 Energy 2,560 103 — (162 ) — 2,501 Finance and insurance 5,268 392 15 (43 ) — 5,632 Consumer—non-cyclical 3,755 371 — (30 ) — 4,096 Technology and communications 2,108 123 — (38 ) — 2,193 Industrial 1,164 53 — (44 ) — 1,173 Capital goods 1,774 188 — (12 ) — 1,950 Consumer—cyclical 1,602 95 — (22 ) — 1,675 Transportation 1,023 75 — (12 ) — 1,086 Other 385 22 — (5 ) — 402 Total U.S. corporate 22,994 1,786 15 (394 ) — 24,401 Non-U.S. corporate: Utilities 815 37 — (9 ) — 843 Energy 1,700 64 — (78 ) — 1,686 Finance and insurance 2,327 152 2 (8 ) — 2,473 Consumer—non-cyclical 746 24 — (18 ) — 752 Technology and communications 978 36 — (26 ) — 988 Industrial 1,063 19 — (96 ) — 986 Capital goods 602 19 — (17 ) — 604 Consumer—cyclical 522 8 — (4 ) — 526 Transportation 559 52 — (6 ) — 605 Other 2,574 187 — (25 ) — 2,736 Total non-U.S. corporate 11,886 598 2 (287 ) — 12,199 Residential mortgage-backed 4,777 330 11 (17 ) — 5,101 Commercial mortgage-backed 2,492 84 3 (20 ) — 2,559 Other asset-backed 3,328 11 1 (59 ) — 3,281 Total fixed maturity securities 55,161 3,832 32 (828 ) — 58,197 Equity securities 325 8 — (23 ) — 310 Total available-for-sale securities $ 55,486 $ 3,840 $ 32 $ (851 ) $ — $ 58,507
Maturity Distribution of Fixed Maturity Securities	(Amounts in millions) Amortized Fair Due one year or less $ 1,752 $ 1,775 Due after one year through five years 10,704 11,309 Due after five years through ten years 12,300 13,129 Due after ten years 21,770 26,244 Subtotal 46,526 52,457 Residential mortgage-backed 4,418 4,823 Commercial mortgage-backed 2,983 3,173 Other asset-backed 3,324 3,327 Total $ 57,251 $ 63,780
Aging of Past Due Commercial Mortgage Loans by Property Type	The following tables set forth the aging of past due commercial mortgage loans by property type as of the dates indicated: September 30, 2016 (Amounts in millions) 31 - 60 days 61 - 90 days Greater than Total Current Total Property type: Retail $ — $ — $ 5 $ 5 $ 2,094 $ 2,099 Industrial — — 12 12 1,532 1,544 Office — — 4 4 1,417 1,421 Apartments — — — — 449 449 Mixed use — — — — 232 232 Other — — — — 287 287 Total recorded investment $ — $ — $ 21 $ 21 $ 6,011 $ 6,032 % of total commercial mortgage loans — % — % — % — % 100 % 100 % December 31, 2015 (Amounts in millions) 31 - 60 days 61 - 90 days Greater than Total Current Total Property type: Retail $ — $ — $ — $ — $ 2,116 $ 2,116 Industrial — — — — 1,562 1,562 Office 6 — 5 11 1,505 1,516 Apartments — — — — 465 465 Mixed use — — — — 234 234 Other — — — — 294 294 Total recorded investment $ 6 $ — $ 5 $ 11 $ 6,176 $ 6,187 % of total commercial mortgage loans — % — % — % — % 100 % 100 %
Allowance for Credit Losses and Recorded Investment in Commercial Mortgage Loans	The following table sets forth the allowance for credit losses and recorded investment in commercial mortgage loans as of or for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Allowance for credit losses: Beginning balance $ 13 $ 18 $ 15 $ 22 Charge-offs — (1 ) (4 ) (4 ) Provision — — 2 (1 ) Ending balance $ 13 $ 17 $ 13 $ 17 Ending allowance for individually impaired loans $ — $ — $ — $ — Ending allowance for loans not individually impaired that were evaluated collectively for impairment $ 13 $ 17 $ 13 $ 17 Recorded investment: Ending balance $ 6,032 $ 6,151 $ 6,032 $ 6,151 Ending balance of individually impaired loans $ 17 $ 19 $ 17 $ 19 Ending balance of loans not individually impaired that were evaluated collectively for impairment $ 6,015 $ 6,132 $ 6,015 $ 6,132
Investment Securities
Gross Unrealized Losses and Fair Values of Securities in a Continuous Unrealized Loss Position	The following table presents the gross unrealized losses and fair values of our investment securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, as of September 30, 2016: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 300 $ (1 ) 6 $ — $ — — $ 300 $ (1 ) 6 State and political subdivisions 92 (1 ) 14 143 (16 ) 12 235 (17 ) 26 U.S. corporate 808 (18 ) 120 693 (32 ) 104 1,501 (50 ) 224 Non-U.S. corporate 261 (6 ) 48 414 (28 ) 56 675 (34 ) 104 Residential mortgage-backed 67 (1 ) 22 57 (1 ) 30 124 (2 ) 52 Commercial mortgage-backed 234 (3 ) 34 27 (1 ) 10 261 (4 ) 44 Other asset-backed 433 (4 ) 70 356 (22 ) 68 789 (26 ) 138 Subtotal, fixed maturity securities 2,195 (34 ) 314 1,690 (100 ) 280 3,885 (134 ) 594 Equity securities 94 (5 ) 191 123 (30 ) 47 217 (35 ) 238 Total for securities in an unrealized loss position $ 2,289 $ (39 ) 505 $ 1,813 $ (130 ) 327 $ 4,102 $ (169 ) 832 % Below cost—fixed maturity securities: <20% Below cost $ 2,195 $ (34 ) 314 $ 1,604 $ (69 ) 270 $ 3,799 $ (103 ) 584 20%-50% Below cost — — — 86 (31 ) 10 86 (31 ) 10 Total fixed maturity securities 2,195 (34 ) 314 1,690 (100 ) 280 3,885 (134 ) 594 % Below cost—equity securities: <20% Below cost 93 (4 ) 181 55 (10 ) 22 148 (14 ) 203 20%-50% Below cost 1 (1 ) 10 68 (20 ) 25 69 (21 ) 35 Total equity securities 94 (5 ) 191 123 (30 ) 47 217 (35 ) 238 Total for securities in an unrealized loss position $ 2,289 $ (39 ) 505 $ 1,813 $ (130 ) 327 $ 4,102 $ (169 ) 832 Investment grade $ 2,098 $ (25 ) 297 $ 1,351 $ (100 ) 245 $ 3,449 $ (125 ) 542 Below investment grade 191 (14 ) 208 462 (30 ) 82 653 (44 ) 290 Total for securities in an unrealized loss position $ 2,289 $ (39 ) 505 $ 1,813 $ (130 ) 327 $ 4,102 $ (169 ) 832 The following table presents the gross unrealized losses and fair values of our corporate securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of September 30, 2016: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities U.S. corporate: Utilities $ 113 $ (1 ) 22 $ 23 $ (1 ) 4 $ 136 $ (2 ) 26 Energy 112 (7 ) 13 290 (15 ) 46 402 (22 ) 59 Finance and insurance 227 (3 ) 32 108 (6 ) 16 335 (9 ) 48 Consumer—non-cyclical 108 (1 ) 15 — — — 108 (1 ) 15 Technology and communications 101 (2 ) 15 138 (6 ) 19 239 (8 ) 34 Industrial 34 (1 ) 6 108 (3 ) 13 142 (4 ) 19 Consumer—cyclical 113 (3 ) 17 26 (1 ) 6 139 (4 ) 23 Subtotal, U.S. corporate securities 808 (18 ) 120 693 (32 ) 104 1,501 (50 ) 224 Non-U.S. corporate: Utilities 16 (1 ) 2 14 (1 ) 1 30 (2 ) 3 Energy 72 (1 ) 11 122 (14 ) 22 194 (15 ) 33 Finance and insurance 72 (1 ) 15 — — — 72 (1 ) 15 Consumer—non-cyclical 49 (1 ) 5 — — — 49 (1 ) 5 Technology and communications — — — 28 (1 ) 3 28 (1 ) 3 Industrial 26 (1 ) 6 103 (4 ) 15 129 (5 ) 21 Capital goods — — — 34 (1 ) 3 34 (1 ) 3 Transportation — — — 49 (3 ) 4 49 (3 ) 4 Other 26 (1 ) 9 64 (4 ) 8 90 (5 ) 17 Subtotal, non-U.S. corporate securities 261 (6 ) 48 414 (28 ) 56 675 (34 ) 104 Total for corporate securities in an unrealized loss position $ 1,069 $ (24 ) 168 $ 1,107 $ (60 ) 160 $ 2,176 $ (84 ) 328 The following table presents the gross unrealized losses and fair values of our investment securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, as of December 31, 2015: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 883 $ (16 ) 32 $ — $ — — $ 883 $ (16 ) 32 State and political subdivisions 464 (15 ) 81 163 (15 ) 17 627 (30 ) 98 Non-U.S. government 366 (5 ) 49 — — — 366 (5 ) 49 U.S. corporate 5,836 (332 ) 817 466 (62 ) 83 6,302 (394 ) 900 Non-U.S. corporate 3,016 (170 ) 400 486 (117 ) 87 3,502 (287 ) 487 Residential mortgage-backed 756 (10 ) 88 103 (7 ) 38 859 (17 ) 126 Commercial mortgage-backed 780 (19 ) 116 39 (1 ) 13 819 (20 ) 129 Other asset-backed 1,944 (22 ) 349 336 (37 ) 55 2,280 (59 ) 404 Subtotal, fixed maturity securities 14,045 (589 ) 1,932 1,593 (239 ) 293 15,638 (828 ) 2,225 Equity securities 153 (23 ) 64 — — — 153 (23 ) 64 Total for securities in an unrealized loss position $ 14,198 $ (612 ) 1,996 $ 1,593 $ (239 ) 293 $ 15,791 $ (851 ) 2,289 % Below cost—fixed maturity securities: <20% Below cost $ 13,726 $ (472 ) 1,877 $ 1,259 $ (78 ) 238 $ 14,985 $ (550 ) 2,115 20%-50% Below cost 319 (116 ) 54 316 (139 ) 50 635 (255 ) 104 >50% Below cost — (1 ) 1 18 (22 ) 5 18 (23 ) 6 Total fixed maturity securities 14,045 (589 ) 1,932 1,593 (239 ) 293 15,638 (828 ) 2,225 % Below cost—equity securities: <20% Below cost 133 (18 ) 56 — — — 133 (18 ) 56 20%-50% Below cost 20 (5 ) 8 — — — 20 (5 ) 8 Total equity securities 153 (23 ) 64 — — — 153 (23 ) 64 Total for securities in an unrealized loss position $ 14,198 $ (612 ) 1,996 $ 1,593 $ (239 ) 293 $ 15,791 $ (851 ) 2,289 Investment grade $ 13,342 $ (524 ) 1,834 $ 1,245 $ (135 ) 225 $ 14,587 $ (659 ) 2,059 Below investment grade 856 (88 ) 162 348 (104 ) 68 1,204 (192 ) 230 Total for securities in an unrealized loss position $ 14,198 $ (612 ) 1,996 $ 1,593 $ (239 ) 293 $ 15,791 $ (851 ) 2,289 The following table presents the gross unrealized losses and fair values of our corporate securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of December 31, 2015: Less than 12 months 12 months or more Total (Dollar amounts in millions) Fair Gross Number of Fair Gross Number of Fair Gross Number of Description of Securities U.S. corporate: Utilities $ 485 $ (25 ) 74 $ 14 $ (1 ) 7 $ 499 $ (26 ) 81 Energy 1,162 (134 ) 163 131 (28 ) 22 1,293 (162 ) 185 Finance and insurance 1,142 (35 ) 160 94 (8 ) 15 1,236 (43 ) 175 Consumer—non-cyclical 836 (26 ) 107 51 (4 ) 10 887 (30 ) 117 Technology and communications 658 (36 ) 95 23 (2 ) 5 681 (38 ) 100 Industrial 476 (33 ) 64 44 (11 ) 9 520 (44 ) 73 Capital goods 293 (10 ) 48 26 (2 ) 4 319 (12 ) 52 Consumer—cyclical 427 (18 ) 60 63 (4 ) 10 490 (22 ) 70 Transportation 273 (10 ) 38 20 (2 ) 1 293 (12 ) 39 Other 84 (5 ) 8 — — — 84 (5 ) 8 Subtotal, U.S. corporate securities 5,836 (332 ) 817 466 (62 ) 83 6,302 (394 ) 900 Non-U.S. corporate: Utilities 130 (6 ) 20 32 (3 ) 6 162 (9 ) 26 Energy 589 (48 ) 71 127 (30 ) 20 716 (78 ) 91 Finance and insurance 478 (7 ) 77 30 (1 ) 8 508 (8 ) 85 Consumer—non-cyclical 261 (14 ) 27 37 (4 ) 4 298 (18 ) 31 Technology and communications 324 (15 ) 37 33 (11 ) 9 357 (26 ) 46 Industrial 495 (54 ) 67 110 (42 ) 18 605 (96 ) 85 Capital goods 154 (8 ) 22 41 (9 ) 9 195 (17 ) 31 Consumer—cyclical 155 (4 ) 20 — — — 155 (4 ) 20 Transportation 147 (6 ) 17 — — — 147 (6 ) 17 Other 283 (8 ) 42 76 (17 ) 13 359 (25 ) 55 Subtotal, non-U.S. corporate securities 3,016 (170 ) 400 486 (117 ) 87 3,502 (287 ) 487 Total for corporate securities in an unrealized loss position $ 8,852 $ (502 ) 1,217 $ 952 $ (179 ) 170 $ 9,804 $ (681 ) 1,387
Fixed maturity securities | More Than 20% Below Cost
Gross Unrealized Losses and Fair Values of Securities in a Continuous Unrealized Loss Position	The following tables present the concentration of gross unrealized losses and fair values of fixed maturity securities that were more than 20% below cost and in a continuous unrealized loss position for 12 months or more by asset class as of September 30, 2016: Investment Grade 20% to 50% Greater than 50% (Dollar amounts in millions) Fair Gross % of total Number of Fair Gross % of total Number of Fixed maturity securities: State and political subdivisions $ 9 $ (3 ) 2 % 1 $ — $ — — % — U.S. corporate: Energy 13 (4 ) 2 1 — — — — Finance and insurance 12 (3 ) 2 1 — — — — Total U.S. corporate 25 (7 ) 4 2 — — — — Structured securities: Other asset-backed 43 (17 ) 10 4 — — — — Total structured securities 43 (17 ) 10 4 — — — — Total $ 77 $ (27 ) 16 % 7 $ — $ — — % — Below Investment Grade 20% to 50% Greater than 50% (Dollar amounts in millions) Fair Gross % of total Number of Fair Gross % of total Number of Fixed maturity securities: U.S. corporate: Energy $ 4 $ (2 ) 1 % 1 $ — $ — — % — Total U.S. corporate 4 (2 ) 1 1 — — — — Non-U.S. corporate: Energy 3 (1 ) 1 1 — — — — Total non-U.S. corporate 3 (1 ) 1 1 — — — — Structured securities: Other asset-backed 2 (1 ) 1 1 — — — — Total structured securities 2 (1 ) 1 1 — — — — Total $ 9 $ (4 ) 3 % 3 $ — $ — — % —
Loan To Value Ratio
Commercial Mortgage Loans by Property Type	The following tables set forth the loan-to-value of commercial mortgage loans by property type as of the dates indicated: September 30, 2016 (Amounts in millions) 0% - 50% 51% - 60% 61% - 75% 76% - 100% Greater (1) Total Property type: Retail $ 763 $ 495 $ 812 $ 29 $ — $ 2,099 Industrial 631 436 451 24 2 1,544 Office 420 315 645 31 10 1,421 Apartments 194 75 175 5 — 449 Mixed use 68 88 76 — — 232 Other 61 30 196 — — 287 Total recorded investment $ 2,137 $ 1,439 $ 2,355 $ 89 $ 12 $ 6,032 % of total 36 % 24 % 39 % 1 % — % 100 % Weighted-average debt service coverage ratio 2.22 1.87 1.61 0.91 0.07 1.87 (1) Included $12 million of loans in good standing, where borrowers continued to make timely payments, with a total weighted-average loan-to-value of 112%. December 31, 2015 (Amounts in millions) 0% - 50% 51% - 60% 61% - 75% 76% - 100% Greater (1) Total Property type: Retail $ 785 $ 417 $ 800 $ 103 $ 11 $ 2,116 Industrial 515 478 499 65 5 1,562 Office 493 341 580 83 19 1,516 Apartments 196 66 182 21 — 465 Mixed use 56 48 124 3 3 234 Other 54 55 185 — — 294 Total recorded investment $ 2,099 $ 1,405 $ 2,370 $ 275 $ 38 $ 6,187 % of total 34 % 23 % 38 % 4 % 1 % 100 % Weighted-average debt service coverage ratio 2.13 1.82 1.57 1.12 0.55 1.79 (1) Included $38 million of loans in good standing, where borrowers continued to make timely payments, with a total weighted-average loan-to-value of 123%.
Debt Service Coverage Ratio
Commercial Mortgage Loans by Property Type	The following tables set forth the debt service coverage ratio for fixed rate commercial mortgage loans by property type as of the dates indicated: September 30, 2016 (Amounts in millions) Less than 1.00 1.00 - 1.25 1.26 - 1.50 1.51 - 2.00 Greater than 2.00 Total Property type: Retail $ 73 $ 200 $ 420 $ 827 $ 579 $ 2,099 Industrial 86 126 246 578 508 1,544 Office 103 79 172 620 447 1,421 Apartments 19 19 43 216 152 449 Mixed use 2 9 20 113 88 232 Other 1 148 57 58 23 287 Total recorded investment $ 284 $ 581 $ 958 $ 2,412 $ 1,797 $ 6,032 % of total 5 % 10 % 15 % 40 % 30 % 100 % Weighted-average loan-to-value 64 % 62 % 60 % 57 % 45 % 55 % December 31, 2015 (Amounts in millions) Less than 1.00 1.00 - 1.25 1.26 - 1.50 1.51 - 2.00 Greater than 2.00 Total Property type: Retail $ 67 $ 221 $ 433 $ 882 $ 513 $ 2,116 Industrial 94 181 208 672 407 1,562 Office 85 114 265 699 346 1,509 Apartments 6 41 74 199 145 465 Mixed use 3 11 28 135 57 234 Other — 58 146 60 30 294 Total recorded investment $ 255 $ 626 $ 1,154 $ 2,647 $ 1,498 $ 6,180 % of total 4 % 10 % 19 % 43 % 24 % 100 % Weighted-average loan-to-value 74 % 64 % 58 % 58 % 43 % 56 %
Other Geographic Area | Commercial Mortgage Loan
Distribution Across Property Type and Geographic Region for Commercial Mortgage Loans	September 30, December 31, (Amounts in millions) Carrying % of Carrying % of Geographic region: Pacific $ 1,563 27 % $ 1,581 26 % South Atlantic 1,506 25 1,574 25 Middle Atlantic 886 15 890 14 Mountain 549 9 585 10 West North Central 443 7 416 7 East North Central 382 6 386 6 West South Central 305 5 294 5 New England 208 3 268 4 East South Central 190 3 193 3 Subtotal 6,032 100 % 6,187 100 % Unamortized balance of loan origination fees and costs (2 ) (2 ) Allowance for losses (13 ) (15 ) Total $ 6,017 $ 6,170
Real Estate Properties | Commercial Mortgage Loan
Distribution Across Property Type and Geographic Region for Commercial Mortgage Loans	The following tables set forth the distribution across property type and geographic region for commercial mortgage loans as of the dates indicated: September 30, December 31, (Amounts in millions) Carrying % of Carrying % of Property type: Retail $ 2,099 35 % $ 2,116 34 % Industrial 1,544 26 1,562 25 Office 1,421 23 1,516 24 Apartments 449 7 465 8 Mixed use 232 4 234 4 Other 287 5 294 5 Subtotal 6,032 100 % 6,187 100 % Unamortized balance of loan origination fees and costs (2 ) (2 ) Allowance for losses (13 ) (15 ) Total $ 6,017 $ 6,170

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule Of Positions in Derivative Instruments	The following table sets forth our positions in derivative instruments as of the dates indicated: Derivative assets Derivative liabilities Fair value Fair value (Amounts in millions) Balance sheet September 30, December 31, Balance sheet September 30, December 31, Derivatives designated as hedges Cash flow hedges: Interest rate swaps Other invested assets $ 735 $ 629 Other liabilities $ 89 $ 37 Inflation indexed swaps Other invested assets — — Other liabilities — 33 Foreign currency swaps Other invested assets 6 8 Other liabilities — — Total cash flow hedges 741 637 89 70 Total derivatives designated as hedges 741 637 89 70 Derivatives not designated as hedges Interest rate swaps Other invested assets 525 425 Other liabilities 308 183 Interest rate swaps related to securitization entities Restricted other invested assets — — Other liabilities — 30 Foreign currency swaps Other invested assets — — Other liabilities 5 27 Credit default swaps Other invested assets — 1 Other liabilities — — Credit default swaps related to securitization entities Restricted other invested assets — — Other liabilities 2 14 Equity index options Other invested assets 61 30 Other liabilities — — Financial futures Other invested assets — — Other liabilities — — Equity return swaps Other invested assets — 2 Other liabilities 5 1 Other foreign currency contracts Other invested assets 4 17 Other liabilities 32 34 GMWB embedded derivatives Reinsurance recoverable (1) 24 17 Policyholder account balances (2) 439 352 Fixed index annuity embedded derivatives Other assets — — Policyholder account balances (3) 364 342 Indexed universal life embedded derivatives Reinsurance recoverable — — Policyholder account balances (4) 13 10 Total derivatives not designated as hedges 614 492 1,168 993 Total derivatives $ 1,355 $ 1,129 $ 1,257 $ 1,063 (1) Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities. (2) Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. (3) Represents the embedded derivatives associated with our fixed index annuity liabilities. (4) Represents the embedded derivatives associated with our indexed universal life liabilities.
Schedule of Notional Amounts Outstanding on Derivative Instruments	The following tables represent activity associated with derivative instruments as of the dates indicated: (Notional in millions) Measurement December 31, Additions Maturities/ September 30, Derivatives designated as hedges Cash flow hedges: Interest rate swaps Notional $ 11,214 $ 9,414 $ (9,587 ) $ 11,041 Inflation indexed swaps Notional 571 1 (572 ) — Foreign currency swaps Notional 35 — — 35 Total cash flow hedges 11,820 9,415 (10,159 ) 11,076 Total derivatives designated as hedges 11,820 9,415 (10,159 ) 11,076 Derivatives not designated as hedges Interest rate swaps Notional 4,932 — (253 ) 4,679 Interest rate swaps related to securitization entities Notional 67 — (67 ) — Foreign currency swaps Notional 162 133 (97 ) 198 Credit default swaps Notional 144 — (5 ) 139 Credit default swaps related to securitization entities Notional 312 — — 312 Equity index options Notional 1,080 2,346 (1,097 ) 2,329 Financial futures Notional 1,331 5,393 (5,255 ) 1,469 Equity return swaps Notional 134 211 (184 ) 161 Other foreign currency contracts Notional 1,656 1,551 (535 ) 2,672 Total derivatives not designated as hedges 9,818 9,634 (7,493 ) 11,959 Total derivatives $ 21,638 $ 19,049 $ (17,652 ) $ 23,035 (Number of policies) Measurement December 31, Additions Maturities/ September 30, Derivatives not designated as hedges GMWB embedded derivatives Policies 36,146 — (2,179 ) 33,967 Fixed index annuity embedded derivatives Policies 17,482 647 (462 ) 17,667 Indexed universal life embedded derivatives Policies 982 167 (48 ) 1,101
Schedule of Pre-Tax Income Effects of Cash Flow Hedges	The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the three months ended September 30, 2016: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) (1) Classification of gain Interest rate swaps hedging assets $ 115 $ 27 Net investment $ 2 Net investment gains (losses) Interest rate swaps hedging liabilities (2 ) — Interest expense — Net investment gains (losses) Foreign currency swaps (1 ) — Net investment — Net investment gains (losses) Total $ 112 $ 27 $ 2 (1) Represents ineffective portion of cash flow hedges as there were no amounts excluded from the measurement of effectiveness. The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the three months ended September 30, 2015: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) (1) Classification of gain Interest rate swaps hedging assets $ 344 $ 22 Net investment $ 4 Net investment gains (losses) Interest rate swaps hedging liabilities (23 ) — Interest expense — Net investment gains (losses) Inflation indexed 32 (5 ) Net investment 1 Net investment gains (losses) Forward bond purchase commitments — 1 Net investment — Net investment gains (losses) Total $ 353 $ 18 $ 5 (1) Represents ineffective portion of cash flow hedges as there were no amounts excluded from the measurement of effectiveness. The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the nine months ended September 30, 2016: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) (1) Classification of gain Interest rate swaps hedging assets $ 839 $ 80 Net investment income $ 13 Net investment gains (losses) Interest rate swaps hedging assets — 1 Net investment gains (losses) — Net investment gains (losses) Interest rate swaps hedging liabilities (52 ) — Interest expense — Net investment gains (losses) Inflation indexed swaps (5 ) 2 Net investment income — Net investment gains (losses) Inflation indexed swaps — 7 Net investment gains (losses) — Net investment gains (losses) Foreign currency swaps (2 ) — Net investment income — Net investment gains (losses) Total $ 780 $ 90 $ 13 (1) Represents ineffective portion of cash flow hedges as there were no amounts excluded from the measurement of effectiveness. The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the nine months ended September 30, 2015: (Amounts in millions) Gain (loss) Gain (loss) Classification of gain Gain (loss) (1) Classification of gain Interest rate swaps hedging assets $ 135 $ 61 Net investment income $ 1 Net investment gains (losses) Interest rate swaps hedging liabilities (14 ) — Interest expense — Net investment gains (losses) Inflation indexed swaps 29 (2 ) Net investment income 1 Net investment gains (losses) Foreign currency swaps 2 — Net investment income — Net investment gains (losses) Forward bond purchase commitments — 1 Net investment income — Net investment gains (losses) Total $ 152 $ 60 $ 2 (1) Represents ineffective portion of cash flow hedges as there were no amounts excluded from the measurement of effectiveness.
Reconciliation of Current Period Changes, Net of Applicable Income Taxes, for Derivatives Qualifying as Hedge	The following tables provide a reconciliation of current period changes, net of applicable income taxes, for these designated derivatives presented in the separate component of stockholders’ equity labeled “derivatives qualifying as hedges,” for the periods indicated: Three months ended (Amounts in millions) 2016 2015 Derivatives qualifying as effective accounting hedges as of July 1 $ 2,439 $ 1,913 Current period increases (decreases) in fair value, net of deferred taxes of $(40) and $(124) 72 229 Reclassification to net (income) loss, net of deferred taxes of $9 and $6 (18 ) (12 ) Derivatives qualifying as effective accounting hedges as of September 30 $ 2,493 $ 2,130 Nine months ended (Amounts in millions) 2016 2015 Derivatives qualifying as effective accounting hedges as of January 1 $ 2,045 $ 2,070 Current period increases (decreases) in fair value, net of deferred taxes of $(273) and $(53) 507 99 Reclassification to net (income) loss, net of deferred taxes of $31 and $21 (59 ) (39 ) Derivatives qualifying as effective accounting hedges as of September 30 $ 2,493 $ 2,130
Schedule of Pre-Tax Gain (Loss) Recognized in Net Income for Effects of Derivatives Not Designated as Hedges	The following tables provide the pre-tax gain (loss) recognized in net income (loss) for the effects of derivatives not designated as hedges for the periods indicated: Three months ended September 30, Classification of gain (loss) recognized in net income (loss) (Amounts in millions) 2016 2015 Interest rate swaps $ (1 ) $ (12 ) Net investment gains (losses) Interest rate swaps related to securitization entities — (5 ) Net investment gains (losses) Credit default swaps related to securitization entities 2 (1 ) Net investment gains (losses) Equity index options 9 6 Net investment gains (losses) Financial futures (35 ) 13 Net investment gains (losses) Equity return swaps (9 ) 11 Net investment gains (losses) Other foreign currency contracts (2 ) 4 Net investment gains (losses) Foreign currency swaps (1 ) (9 ) Net investment gains (losses) Forward bond purchase commitments — 13 Net investment gains (losses) GMWB embedded derivatives 60 (117 ) Net investment gains (losses) Fixed index annuity embedded derivatives (16 ) 31 Net investment gains (losses) Indexed universal life embedded derivatives 3 2 Net investment gains (losses) Total derivatives not designated as hedges $ 10 $ (64 ) Nine months ended September 30, Classification of gain (loss) recognized in net income (loss) (Amounts in millions) 2016 2015 Interest rate swaps $ 7 $ (13 ) Net investment gains (losses) Interest rate swaps related to securitization entities (10 ) (5 ) Net investment gains (losses) Credit default swaps — 1 Net investment gains (losses) Credit default swaps related to securitization entities 16 10 Net investment gains (losses) Equity index options 5 (11 ) Net investment gains (losses) Financial futures (9 ) (18 ) Net investment gains (losses) Equity return swaps (2 ) 3 Net investment gains (losses) Other foreign currency contracts (6 ) 10 Net investment gains (losses) Foreign currency swaps 6 (17 ) Net investment gains (losses) Forward bond purchase commitments — 13 Net investment gains (losses) GMWB embedded derivatives (58 ) (68 ) Net investment gains (losses) Fixed index annuity embedded derivatives (22 ) 14 Net investment gains (losses) Indexed universal life embedded derivatives 6 5 Net investment gains (losses) Total derivatives not designated as hedges $ (67 ) $ (76 )
Derivative Assets and Liabilities Subject to Master Netting Arrangement	The following table presents additional information about derivative assets and liabilities subject to an enforceable master netting arrangement as of the dates indicated: September 30, 2016 December 31, 2015 (Amounts in millions) Derivatives (1) Derivatives (2) Net Derivatives (1) Derivatives (2) Net Amounts presented in the balance sheet: Gross amounts recognized $ 1,368 $ 462 $ 906 $ 1,135 $ 320 $ 815 Gross amounts offset in the balance sheet — — — — — — Net amounts presented in the balance sheet 1,368 462 906 1,135 320 815 Gross amounts not offset in the balance sheet: Financial instruments (3) (338 ) (338 ) — (231 ) (231 ) — Collateral received (1,005 ) — (1,005 ) (642 ) — (642 ) Collateral pledged — (354 ) 354 — (263 ) 263 Over collateralization 64 231 (167 ) 3 174 (171 ) Net amount $ 89 $ 1 $ 88 $ 265 $ — $ 265 (1) Included $37 million and $24 million of accruals on derivatives classified as other assets and does not include amounts related to embedded derivatives as of September 30, 2016 and December 31, 2015, respectively. (2) Included $23 million and $6 million of accruals on derivatives classified as other liabilities and does not include amounts related to embedded derivatives and derivatives related to securitization entities as of September 30, 2016 and December 31, 2015, respectively. (3) Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty.
Schedule of Credit Default Swaps Where We Sell Protection on Single Name Reference Entities and Fair Values	The following table sets forth our credit default swaps where we sell protection on single name reference entities and the fair values as of the dates indicated: September 30, 2016 December 31, 2015 (Amounts in millions) Notional Assets Liabilities Notional Assets Liabilities Investment grade Matures in less than one year $ — $ — $ — $ — $ — $ — Matures after one year through five years 39 — — 39 — — Total credit default swaps on single name reference entities $ 39 $ — $ — $ 39 $ — $ —
Schedule of Credit Default Swaps Where We Sell Protection on Credit Default Swap Index Tranches and Fair Values	The following table sets forth our credit default swaps where we sell protection on credit default swap index tranches and the fair values as of the dates indicated: September 30, 2016 December 31, 2015 Notional Notional (Amounts in millions) value Assets Liabilities value Assets Liabilities Original index tranche attachment/detachment point and maturity: 7% - 15% matures in less than one year (1) $ 100 $ — $ — $ 100 $ 1 $ — Total credit default swap index tranches 100 — — 100 1 — Customized credit default swap index tranches related to securitization entities: Portion backing third-party borrowings maturing 2017 (2) 12 — 1 12 — 2 Portion backing our interest maturing 2017 (3) 300 — 1 300 — 12 Total customized credit default swap index tranches related to securitization entities 312 — 2 312 — 14 Total credit default swaps on index tranches $ 412 $ — $ 2 $ 412 $ 1 $ 14 (1) The current attachment/detachment as of September 30, 2016 and December 31, 2015 was 7% – 15%. (2) Original notional value was $39 million. (3) Original notional value was $300 million.

Fair Value of Financial Instr28

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Financial Instruments Not Required to be Carried at Fair Value	The following represents our estimated fair value of financial assets and liabilities that are not required to be carried at fair value as of the dates indicated: September 30, 2016 Notional amount Carrying amount Fair value (Amounts in millions) Total Level 1 Level 2 Level 3 Assets: Commercial mortgage loans $ (1) $ 6,017 $ 6,491 $ — $ — $ 6,491 Restricted commercial mortgage loans (1) 134 151 — — 151 Other invested assets (1) 429 442 — 342 100 Liabilities: Long-term borrowings (2) (1) 4,194 3,661 — 3,511 150 Non-recourse funding obligations (2) (1) 310 181 — — 181 Borrowings related to securitization entities (1) 67 69 — 69 — Investment contracts (1) 16,792 18,027 — 5 18,022 Other firm commitments: Commitments to fund limited partnerships 188 — — — — — Ordinary course of business lending commitments 149 — — — — — December 31, 2015 Notional amount Carrying amount Fair value (Amounts in millions) Total Level 1 Level 2 Level 3 Assets: Commercial mortgage loans $ (1) $ 6,170 $ 6,476 $ — $ — $ 6,476 Restricted commercial mortgage loans (1) 161 179 — — 179 Other invested assets (1) 273 279 — 197 82 Liabilities: Long-term borrowings (2) (1) 4,570 3,518 — 3,343 175 Non-recourse funding obligations (2) (1) 1,920 1,401 — — 1,401 Borrowings related to securitization entities (1) 98 104 — 104 — Investment contracts (1) 17,258 17,910 — 5 17,905 Other firm commitments: Commitments to fund limited partnerships 131 — — — — — Ordinary course of business lending commitments 40 — — — — — (1) These financial instruments do not have notional amounts. (2) See note 9 for additional information related to borrowings.
Summary of Significant Inputs Used by Third-Party Pricing Services for Certain Fair Value Measurements of Fixed Maturity Securities that Classified as Level 2	The following table presents a summary of the significant inputs used by our third-party pricing services for certain fair value measurements of fixed maturity securities that are classified as Level 2 as of September 30, 2016: (Amounts in millions) Fair value Primary methodologies Significant inputs U.S. government, agencies and government-sponsored enterprises $ 6,701 Price quotes from trading desk, broker feeds Bid side prices, trade prices, Option Adjusted Spread (“OAS”) to swap curve, Bond Market Association OAS, Treasury Curve, Agency Bullet Curve, maturity to issuer spread State and political subdivisions $ 2,780 Multi-dimensional attribute-based modeling systems, third-party pricing vendors Trade prices, material event notices, Municipal Market Data benchmark yields, broker quotes Non-U.S. government $ 2,210 Matrix pricing, spread priced to benchmark curves, price quotes from market makers Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources U.S. corporate $ 24,564 Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, internal models, OAS-based models Bid side prices to Treasury Curve, Issuer Curve, which includes sector, quality, duration, OAS percentage and change for spread matrix, trade prices, comparative transactions, Trade Reporting and Compliance Engine (“TRACE”) reports Non-U.S. corporate $ 11,093 Multi-dimensional attribute-based modeling systems, OAS-based models, price quotes from market makers Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources Residential mortgage-backed $ 4,786 OAS-based models, To Be Announced pricing models, single factor binomial models, internally priced Prepayment and default assumptions, aggregation of bonds with similar characteristics, including collateral type, vintage, tranche type, weighted-average life, weighted-average loan age, issuer program and delinquency ratio, pay up and pay down factors, TRACE reports Commercial mortgage-backed $ 3,145 Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports Other asset-backed $ 3,177 Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers, internal models Spreads to daily updated swaps curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports • Internal models
Assets by Class of Instrument that are Measured at Fair Value on Recurring Basis	The following tables set forth our assets by class of instrument that are measured at fair value on a recurring basis as of the dates indicated: September 30, 2016 (Amounts in millions) Total Level 1 Level 2 Level 3 Assets Investments: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 6,703 $ — $ 6,701 $ 2 State and political subdivisions 2,824 — 2,788 36 Non-U.S. government 2,227 — 2,227 — U.S. corporate: Utilities 4,749 — 4,187 562 Energy 2,279 — 2,077 202 Finance and insurance 6,340 — 5,520 820 Consumer—non-cyclical 4,878 — 4,775 103 Technology and communications 2,726 — 2,673 53 Industrial 1,291 — 1,213 78 Capital goods 2,195 — 2,059 136 Consumer—cyclical 1,660 — 1,395 265 Transportation 1,215 — 1,091 124 Other 362 — 200 162 Total U.S. corporate 27,695 — 25,190 2,505 Non-U.S. corporate: Utilities 961 — 592 369 Energy 1,395 — 1,170 225 Finance and insurance 2,658 — 2,444 214 Consumer—non-cyclical 822 — 678 144 Technology and communications 1,047 — 966 81 Industrial 1,018 — 906 112 Capital goods 580 — 407 173 Consumer—cyclical 505 — 434 71 Transportation 683 — 510 173 Other 3,339 — 3,312 27 Total non-U.S. corporate 13,008 — 11,419 1,589 Residential mortgage-backed 4,823 — 4,786 37 Commercial mortgage-backed 3,173 — 3,145 28 Other asset-backed 3,327 — 3,177 150 Total fixed maturity securities 63,780 — 59,433 4,347 Equity securities 590 520 24 46 Other invested assets: Trading securities 384 — 384 — Derivative assets: Interest rate swaps 1,260 — 1,260 — Foreign currency swaps 6 — 6 — Equity index options 61 — — 61 Other foreign currency contracts 4 — 3 1 Total derivative assets 1,331 — 1,269 62 Securities lending collateral 417 — 417 — Total other invested assets 2,132 — 2,070 62 Restricted other invested assets related to securitization entities 312 — 181 131 Reinsurance recoverable (1) 24 — — 24 Separate account assets 7,485 7,485 — — Total assets $ 74,323 $ 8,005 $ 61,708 $ 4,610 (1) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. December 31, 2015 (Amounts in millions) Total Level 1 Level 2 Level 3 Assets Investments: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 6,203 $ — $ 6,200 $ 3 State and political subdivisions 2,438 — 2,403 35 Non-U.S. government 2,015 — 2,015 — U.S. corporate: Utilities 3,693 — 3,244 449 Energy 2,501 — 2,248 253 Finance and insurance 5,632 — 4,917 715 Consumer—non-cyclical 4,096 — 3,987 109 Technology and communications 2,193 — 2,158 35 Industrial 1,173 — 1,112 61 Capital goods 1,950 — 1,770 180 Consumer—cyclical 1,675 — 1,436 239 Transportation 1,086 — 980 106 Other 402 — 220 182 Total U.S. corporate 24,401 — 22,072 2,329 Non-U.S. corporate: Utilities 843 — 556 287 Energy 1,686 — 1,434 252 Finance and insurance 2,473 — 2,282 191 Consumer—non-cyclical 752 — 583 169 Technology and communications 988 — 926 62 Industrial 986 — 902 84 Capital goods 604 — 391 213 Consumer—cyclical 526 — 455 71 Transportation 605 — 461 144 Other 2,736 — 2,664 72 Total non-U.S. corporate 12,199 — 10,654 1,545 Residential mortgage-backed 5,101 — 4,985 116 Commercial mortgage-backed 2,559 — 2,549 10 Other asset-backed 3,281 — 2,139 1,142 Total fixed maturity securities 58,197 — 53,017 5,180 Equity securities 310 270 2 38 Other invested assets: Trading securities 447 — 447 — Derivative assets: Interest rate swaps 1,054 — 1,054 — Foreign currency swaps 8 — 8 — Credit default swaps 1 — — 1 Equity index options 30 — — 30 Equity return swaps 2 — 2 — Other foreign currency contracts 17 — 14 3 Total derivative assets 1,112 — 1,078 34 Securities lending collateral 347 — 347 — Total other invested assets 1,906 — 1,872 34 Restricted other invested assets related to securitization entities 413 — 181 232 Reinsurance recoverable (1) 17 — — 17 Separate account assets 7,883 7,883 — — Total assets $ 68,726 $ 8,153 $ 55,072 $ 5,501 (1) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.
Assets Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value	The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: (Amounts in millions) Beginning as of Total realized and Purchases Sales Issuances Settlements Transfer (1) Transfer out of Level 3 (1) Ending as of Total gains attributable Included in Included Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 2 $ — $ — $ — $ — $ — $ — $ — $ — $ 2 $ — State and political subdivisions 36 1 — — — — — — (1 ) 36 1 U.S. corporate: Utilities 552 1 4 54 (6 ) — (1 ) 1 (43 ) 562 — Energy 208 — 3 — — — (8 ) — (1 ) 202 — Finance and insurance 775 4 14 27 (5 ) — (32 ) 37 — 820 5 Consumer—non-cyclical 102 — 1 5 (5 ) — — — — 103 — Technology and communications 40 1 — 12 — — — — — 53 1 Industrial 78 — — — — — — — — 78 — Capital goods 135 — 1 — — — — — — 136 1 Consumer—cyclical 254 — — 19 (5 ) — (1 ) 1 (3 ) 265 — Transportation 129 — 1 — — — (6 ) — — 124 — Other 147 — — — — — (1 ) 16 — 162 — Total U.S. corporate 2,420 6 24 117 (21 ) — (49 ) 55 (47 ) 2,505 7 Non-U.S. corporate: Utilities 331 — 1 52 (5 ) — — — (10 ) 369 — Energy 234 — 9 8 (9 ) — (17 ) — — 225 — Finance and insurance 201 — 3 11 (1 ) — — — — 214 — Consumer—non-cyclical 168 2 (1 ) 3 (3 ) — (37 ) 12 — 144 — Technology and communications 80 — 1 2 (2 ) — — — — 81 — Industrial 95 — 2 17 (17 ) — — 15 — 112 — Capital goods 212 1 (2 ) — — — (5 ) — (33 ) 173 1 Consumer—cyclical 71 — — — — — — — — 71 — Transportation 186 1 (1 ) — — — (14 ) 1 — 173 — Other 29 (2 ) 2 — (12 ) — — 10 — 27 (2 ) Total non-U.S. corporate 1,607 2 14 93 (49 ) — (73 ) 38 (43 ) 1,589 (1 ) Residential mortgage-backed 96 — — — (45 ) — (8 ) 5 (11 ) 37 — Commercial mortgage-backed 33 — (3 ) — — — — — (2 ) 28 — Other asset-backed 198 (6 ) 7 — (5 ) — (5 ) 25 (64 ) 150 (6 ) Total fixed maturity securities 4,392 3 42 210 (120 ) — (135 ) 123 (168 ) 4,347 1 Equity securities 44 — — 2 — — — — — 46 — Other invested assets: Derivative assets: Equity index options 57 9 — 15 — — (20 ) — — 61 — Other foreign currency contracts 1 — — — — — — — — 1 — Total derivative assets 58 9 — 15 — — (20 ) — — 62 — Total other invested assets 58 9 — 15 — — (20 ) — — 62 — Restricted other invested assets related to securitization entities 131 — — — — — — — — 131 — Reinsurance recoverable (2) 26 (3 ) — — — 1 — — — 24 (3 ) Total Level 3 assets $ 4,651 $ 9 $ 42 $ 227 $ (120 ) $ 1 $ (155 ) $ 123 $ (168 ) $ 4,610 $ (2 ) (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. (Amounts in millions) Beginning as of Total realized and Purchases Sales Issuances Settlements Transfer (1) Transfer out of (1) Ending as of Total gains attributable Included in Included Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 3 $ — $ — $ — $ — $ — $ — $ — $ — $ 3 $ — State and political subdivisions 40 1 (1 ) — — — — — (5 ) 35 1 Non-U.S. government 5 — — — — — — — (5 ) — — U.S. corporate: Utilities 448 — 1 23 — — — 8 (17 ) 463 — Energy 269 — (3 ) — — — (1 ) — — 265 — Finance and insurance 629 4 (3 ) 55 — — (3 ) — (20 ) 662 3 Consumer—non-cyclical 108 — (1 ) — — — (2 ) — (10 ) 95 — Technology and communications 33 1 1 — — — — — (1 ) 34 1 Industrial 36 — 1 28 — — — — — 65 — Capital goods 165 — (2 ) 27 — — — — — 190 — Consumer—cyclical 296 1 (2 ) 30 — — (28 ) 10 — 307 — Transportation 121 — (1 ) — — — (1 ) — (9 ) 110 — Other 166 — 2 — — — (1 ) 19 — 186 — Total U.S. corporate 2,271 6 (7 ) 163 — — (36 ) 37 (57 ) 2,377 4 Non-U.S. corporate: Utilities 326 — — 18 — — — — — 344 — Energy 305 — (3 ) — — — (23 ) — — 279 — Finance and insurance 218 — 1 15 — — — — — 234 — Consumer—non-cyclical 169 — — — — — (11 ) — (1 ) 157 — Technology and communications 42 — — — — — — — — 42 — Industrial 125 — — — — — (4 ) — (33 ) 88 — Capital goods 237 — (2 ) — — — (5 ) — — 230 — Consumer—cyclical 73 — (2 ) — — — — 16 — 87 — Transportation 154 — — — — — (8 ) — — 146 — Other 75 — (2 ) — — — — — — 73 — Total non-U.S. corporate 1,724 — (8 ) 33 — — (51 ) 16 (34 ) 1,680 — Residential mortgage-backed 132 — (3 ) 6 — — (2 ) 9 (72 ) 70 — Commercial mortgage-backed 25 — (1 ) — — — — — (13 ) 11 — Other asset-backed 1,360 — (7 ) 34 (14 ) — (50 ) 77 (94 ) 1,306 2 Total fixed maturity securities 5,560 7 (27 ) 236 (14 ) — (139 ) 139 (280 ) 5,482 7 Equity securities 41 — — — (4 ) — — 1 — 38 — Other invested assets: Derivative assets: Credit default swaps 1 — — — — — — — — 1 — Equity index options 12 6 — — — — (3 ) — — 15 5 Total derivative assets 13 6 — — — — (3 ) — — 16 5 Total other invested assets 13 6 — — — — (3 ) — — 16 5 Restricted other invested assets related to securitization entities 230 1 — — — — — — — 231 1 Reinsurance recoverable (2) 10 9 — — — — — — — 19 9 Total Level 3 assets $ 5,854 $ 23 $ (27 ) $ 236 $ (18 ) $ — $ (142 ) $ 140 $ (280 ) $ 5,786 $ 22 (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: (Amounts in millions) Beginning as of Total realized and Purchases Sales Issuances Settlements Transfer (1) Transfer out of (1) Ending as of Total gains attributable Included in Included Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 3 $ — $ — $ — $ — $ — $ (1 ) $ — $ — $ 2 $ — State and political subdivisions 35 2 (1 ) 7 — — — — (7 ) 36 2 U.S. corporate: Utilities 449 1 28 101 (6 ) — (9 ) 68 (70 ) 562 — Energy 253 — (1 ) — — — (10 ) 7 (47 ) 202 — Finance and insurance 715 12 58 54 (14 ) — (59 ) 72 (18 ) 820 11 Consumer—non-cyclical 109 — 7 5 (18 ) — — — — 103 — Technology and communications 35 2 4 12 — — — — — 53 2 Industrial 61 — 5 — — — — 12 — 78 — Capital goods 180 1 6 — (10 ) — — — (41 ) 136 1 Consumer—cyclical 239 4 9 44 (5 ) — (42 ) 19 (3 ) 265 — Transportation 106 1 9 17 — — (14 ) 5 — 124 1 Other 182 1 1 — — — (5 ) 16 (33 ) 162 1 Total U.S. corporate 2,329 22 126 233 (53 ) — (139 ) 199 (212 ) 2,505 16 Non-U.S. corporate: Utilities 287 — 9 62 (5 ) — — 26 (10 ) 369 — Energy 252 — 33 8 (11 ) — (31 ) — (26 ) 225 — Finance and insurance 191 2 11 11 (1 ) — — — — 214 2 Consumer—non-cyclical 169 2 9 3 (3 ) — (48 ) 12 — 144 — Technology and communications 62 — 6 18 (5 ) — — — — 81 — Industrial 84 — 7 17 (20 ) — — 24 — 112 — Capital goods 213 1 7 — — — (15 ) — (33 ) 173 1 Consumer—cyclical 71 — 2 — — — (2 ) — — 71 — Transportation 144 1 3 — — — (14 ) 39 — 173 — Other 72 (2 ) 4 — (12 ) — (7 ) 10 (38 ) 27 (2 ) Total non-U.S. corporate 1,545 4 91 119 (57 ) — (117 ) 111 (107 ) 1,589 1 Residential mortgage-backed 116 — 2 51 (45 ) — (13 ) 13 (87 ) 37 — Commercial mortgage-backed 10 — 1 23 — — (4 ) — (2 ) 28 — Other asset-backed 1,142 (16 ) 3 12 (25 ) — (19 ) 66 (1,013 ) 150 (16 ) Total fixed maturity securities 5,180 12 222 445 (180 ) — (293 ) 389 (1,428 ) 4,347 3 Equity securities 38 — — 8 — — — — — 46 — Other invested assets: Derivative assets: Credit default swaps 1 — — — — — (1 ) — — — — Equity index options 30 5 — 51 — — (25 ) — — 61 (4 ) Other foreign currency contracts 3 (2 ) — 1 — — (1 ) — — 1 (2 ) Total derivative assets 34 3 — 52 — — (27 ) — — 62 (6 ) Total other invested assets 34 3 — 52 — — (27 ) — — 62 (6 ) Restricted other invested assets related to securitization entities 232 (55 ) — — — — (46 ) — — 131 9 Reinsurance recoverable (2) 17 5 — — — 2 — — — 24 5 Total Level 3 assets $ 5,501 $ (35 ) $ 222 $ 505 $ (180 ) $ 2 $ (366 ) $ 389 $ (1,428 ) $ 4,610 $ 11 (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. Most significantly, the majority of the transfers out of Level 3 related to a reclassification of collateralized loan obligation securities previously valued using a broker priced source to now being valued using third-party pricing services. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. (Amounts in millions) Beginning as of Total realized and Purchases Sales Issuances Settlements Transfer (1) Transfer (1) Ending as of Total gains attributable Included in Included Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises $ 4 $ — $ — $ — $ — $ — $ (1 ) $ — $ — $ 3 $ — State and political subdivisions 30 2 8 5 — — — — (10 ) 35 2 Non-U.S. government 7 — (1 ) — — — (1 ) — (5 ) — — U.S. corporate: Utilities 444 — (9 ) 38 — — (2 ) 10 (18 ) 463 — Energy 285 — (7 ) 4 (4 ) — (5 ) — (8 ) 265 — Finance and insurance 616 12 (25 ) 83 — — (28 ) 47 (43 ) 662 10 Consumer—non-cyclical 140 2 — — — — (37 ) — (10 ) 95 — Technology and communications 45 2 (2 ) — — — — — (11 ) 34 2 Industrial 36 — 1 28 — — — — — 65 — Capital goods 166 — (3 ) 28 (1 ) — — — — 190 — Consumer—cyclical 363 1 (3 ) 39 — — (36 ) 10 (67 ) 307 — Transportation 153 1 (3 ) 7 — — (30 ) — (18 ) 110 1 Other 171 1 — — — — (5 ) 19 — 186 1 Total U.S. corporate 2,419 19 (51 ) 227 (5 ) — (143 ) 86 (175 ) 2,377 14 Non-U.S. corporate: Utilities 328 — (2 ) 18 — — — — — 344 — Energy 324 (1 ) (5 ) — (9 ) — (30 ) — — 279 (1 ) Finance and insurance 221 2 (3 ) 21 — — (3 ) — (4 ) 234 2 Consumer—non-cyclical 197 — 2 — — — (41 ) — (1 ) 157 — Technology and communications 42 — — — — — — 1 (1 ) 42 — Industrial 131 — — 7 — — (18 ) 1 (33 ) 88 — Capital goods 237 — (2 ) — — — (5 ) — — 230 — Consumer—cyclical 89 — (1 ) — — — — 16 (17 ) 87 — Transportation 154 — — — — — (8 ) — — 146 — Other 81 — 3 — — — (11 ) 1 (1 ) 73 — Total non-U.S. corporate 1,804 1 (8 ) 46 (9 ) — (116 ) 19 (57 ) 1,680 1 Residential mortgage-backed 65 — (3 ) 37 — — (7 ) 50 (72 ) 70 — Commercial mortgage-backed 5 — (1 ) 9 — — (1 ) 13 (14 ) 11 — Other asset-backed 1,420 3 10 129 (22 ) — (234 ) 141 (141 ) 1,306 2 Total fixed maturity securities 5,754 25 (46 ) 453 (36 ) — (503 ) 309 (474 ) 5,482 19 Equity securities 34 — — 1 (5 ) — — 8 — 38 — Other invested assets: Derivative assets: Credit default swaps 3 — — — — — (2 ) — — 1 — Equity index options 17 (11 ) — 12 — — (3 ) — — 15 (8 ) Total derivative assets 20 (11 ) — 12 — — (5 ) — — 16 (8 ) Total other invested assets 20 (11 ) — 12 — — (5 ) — — 16 (8 ) Restricted other invested assets related to securitization entities 230 1 — — — — — — — 231 1 Reinsurance recoverable (2) 13 5 — — — 1 — — — 19 5 Total Level 3 assets $ 6,051 $ 20 $ (46 ) $ 466 $ (41 ) $ 1 $ (508 ) $ 317 $ (474 ) $ 5,786 $ 17 (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.
Gains and Losses Included in Net Income (Loss) from Assets Measured at Fair Value	The following table presents the gains and losses included in net income (loss) from assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Total realized and unrealized gains (losses) included in net income (loss): Net investment income $ 11 $ 9 $ (33 ) $ 30 Net investment gains (losses) (2 ) 14 (2 ) (10 ) Total $ 9 $ 23 $ (35 ) $ 20 Total gains (losses) included in net income (loss) attributable to assets still held: Net investment income $ 9 $ 8 $ 23 $ 23 Net investment gains (losses) (11 ) 14 (12 ) (6 ) Total $ (2 ) $ 22 $ 11 $ 17
Summary of Significant Unobservable Inputs Used for Certain Asset Fair Value Measurements	The following table presents a summary of the significant unobservable inputs used for certain asset fair value measurements that are based on internal models and classified as Level 3 as of September 30, 2016: (Amounts in millions) Valuation technique Fair value Unobservable input Range Weighted-average Fixed maturity securities: U.S. corporate: Utilities Internal models $ 537 Credit spreads 94bps - 158bps Energy Internal models 65 Credit spreads 113bps - 359bps 183bps Finance and insurance Internal models 746 Credit spreads 92bps - 528bps 253bps Consumer—non-cyclical Internal models 103 Credit spreads 107bps - 326bps 189bps Technology and communications Internal models 53 Credit spreads 295bps - 390bps 372bps Industrial Internal models 49 Credit spreads 139bps - 346bps 229bps Capital goods Internal models 136 Credit spreads 70bps - 291bps 136bps Consumer—cyclical Internal models 240 Credit spreads 70bps - 313bps 188bps Transportation Internal models 115 Credit spreads 87bps - 292bps 170bps Other Internal models 131 Credit spreads 84bps - 187bps 116bps Total U.S. corporate Internal models $ 2,175 Credit spreads 70bps - 528bps 200bps Non-U.S. corporate: Utilities Internal models $ 369 Credit spreads 94bps - 192bps 135bps Energy Internal models 153 Credit spreads 117bps - 221bps 165bps Finance and insurance Internal models 204 Credit spreads 90bps - 255bps 146bps Consumer—non-cyclical Internal models 132 Credit spreads 70bps - 254bps 158bps Technology and communications Internal models 81 Credit spreads 117bps - 254bps 191bps Industrial Internal models 103 Credit spreads 132bps - 254bps 195bps Capital goods Internal models 124 Credit spreads 117bps - 221bps 155bps Consumer—cyclical Internal models 71 Credit spreads 110bps - 186bps 150bps Transportation Internal models 145 Credit spreads 95bps - 243bps 141bps Other Internal models 14 Credit spreads 105bps - 916bps 345bps Total non-U.S. corporate Internal models $ 1,396 Credit spreads 70bps - 916bps 155bps Derivative assets: Equity index options Discounted cash flows $ 61 Equity index — % - 26% 17% Other foreign currency contracts Discounted cash flows $ 1 Foreign exchange 9% - 12% 11%
Liabilities by Class of Instrument that are Measured at Fair Value on Recurring Basis	The following tables set forth our liabilities by class of instrument that are measured at fair value on a recurring basis as of the dates indicated: September 30, 2016 (Amounts in millions) Total Level 1 Level 2 Level 3 Liabilities Policyholder account balances: GMWB embedded derivatives (1) $ 439 $ — $ — $ 439 Fixed index annuity embedded derivatives 364 — — 364 Indexed universal life embedded derivatives 13 — — 13 Total policyholder account balances 816 — — 816 Derivative liabilities: Interest rate swaps 397 — 397 — Foreign currency swaps 5 — 5 — Credit default swaps related to securitization entities 2 — 2 — Equity return swaps 5 — 5 — Other foreign currency contracts 32 — 32 — Total derivative liabilities 441 — 441 — Borrowings related to securitization entities 11 — — 11 Total liabilities $ 1,268 $ — $ 441 $ 827 (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. December 31, 2015 (Amounts in millions) Total Level 1 Level 2 Level 3 Liabilities Policyholder account balances: GMWB embedded derivatives (1) $ 352 $ — $ — $ 352 Fixed index annuity embedded derivatives 342 — — 342 Indexed universal life embedded derivatives 10 — — 10 Total policyholder account balances 704 — — 704 Derivative liabilities: Interest rate swaps 220 — 220 — Interest rate swaps related to securitization entities 30 — 30 — Inflation indexed swaps 33 — 33 — Foreign currency swaps 27 — 27 — Credit default swaps related to securitization entities 14 — — 14 Equity return swaps 1 — 1 — Other foreign currency contracts 34 — 34 — Total derivative liabilities 359 — 345 14 Borrowings related to securitization entities 81 — — 81 Total liabilities $ 1,144 $ — $ 345 $ 799 (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.
Liabilities Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value	The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: (Amounts in millions) Beginning as of Total realized and Purchases Sales Issuances Settlements Transfer Transfer Ending as of Total (gains) attributable Included Included Policyholder account balances: GMWB embedded derivatives (1) $ 494 $ (63 ) $ — $ — $ — $ 8 $ — $ — $ — $ 439 $ (59 ) Fixed index annuity embedded derivatives 351 16 — — — — (3 ) — — 364 16 Indexed universal life embedded derivatives 13 (3 ) — — — 3 — — — 13 (3 ) Total policyholder account balances 858 (50 ) — — — 11 (3 ) — — 816 (46 ) Borrowings related to securitization entities 11 — — — — — — — — 11 — Total Level 3 liabilities $ 869 $ (50 ) $ — $ — $ — $ 11 $ (3 ) $ — $ — $ 827 $ (46 ) (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. (Amounts in millions) Beginning as of Total realized and Purchases Sales Issuances Settlements Transfer Transfer Ending as of Total attributable Included Included Policyholder account balances: GMWB embedded derivatives (1) $ 255 $ 126 $ — $ — $ — $ 9 $ — $ — $ — $ 390 $ 124 Fixed index annuity embedded derivatives 322 (31 ) — — — 14 (1 ) — — 304 (31 ) Indexed universal life embedded derivatives 9 (2 ) — — — 3 — — — 10 (2 ) Total policyholder account balances 586 93 — — — 26 (1 ) — — 704 91 Derivative liabilities: Credit default swaps related to securitization entities 8 1 — 1 — — — — — 10 1 Total derivative liabilities 8 1 — 1 — — — — — 10 1 Borrowings related to securitization entities 84 (4 ) — — — — — — — 80 (4 ) Total Level 3 liabilities $ 678 $ 90 $ — $ 1 $ — $ 26 $ (1 ) $ — $ — $ 794 $ 88 (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated: (Amounts in millions) Beginning as of Total realized Purchases Sales Issuances Settlements Transfer Transfer Ending as of Total (gains) attributable Included Included Policyholder account balances: GMWB embedded derivatives (1) $ 352 $ 63 $ — $ — $ — $ 24 $ — $ — $ — $ 439 $ 72 Fixed index annuity embedded derivatives 342 22 — — — 10 (10 ) — — 364 22 Indexed universal life embedded derivatives 10 (6 ) — — — 9 — — — 13 (6 ) Total policyholder account balances 704 79 — — — 43 (10 ) — — 816 88 Derivative liabilities: Credit default swaps related to securitization entities 14 (13 ) — — — — 2 — (3 ) — — Total derivative liabilities 14 (13 ) — — — — 2 — (3 ) — — Borrowings related to securitization entities 81 (65 ) — — — — (5 ) — — 11 — Total Level 3 liabilities $ 799 $ 1 $ — $ — $ — $ 43 $ (13 ) $ — $ (3 ) $ 827 $ 88 (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. (Amounts in millions) Beginning as of Total realized and Purchases Sales Issuances Settlements Transfer Transfer Ending as of Total (gains) attributable Included Included Policyholder account balances: GMWB embedded derivatives (1) $ 291 $ 73 $ — $ — $ — $ 26 $ — $ — $ — $ 390 $ 75 Fixed index annuity embedded derivatives 276 (14 ) — — — 47 (5 ) — — 304 (14 ) Indexed universal life embedded derivatives 7 (5 ) — — — 8 — — — 10 (5 ) Total policyholder account balances 574 54 — — — 81 (5 ) — — 704 56 Derivative liabilities: Credit default swaps related to securitization entities 17 (10 ) — 3 — — — — — 10 (10 ) Total derivative liabilities 17 (10 ) — 3 — — — — — 10 (10 ) Borrowings related to securitization entities 85 (6 ) — — — 1 — — — 80 (6 ) Total Level 3 liabilities $ 676 $ 38 $ — $ 3 $ — $ 82 $ (5 ) $ — $ — $ 794 $ 40 (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.
Gains and Losses Included in Net (Income) Loss from Liabilities Measured at Fair Value	The following table presents the gains and losses included in net (income) loss from liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated: Three months Nine months (Amounts in millions) 2016 2015 2016 2015 Total realized and unrealized (gains) losses included in net (income) loss: Net investment income $ — $ — $ — $ — Net investment (gains) losses (50 ) 90 1 38 Total $ (50 ) $ 90 $ 1 $ 38 Total (gains) losses included in net (income) loss attributable to liabilities still held: Net investment income $ — $ — $ — $ — Net investment (gains) losses (46 ) 88 88 40 Total $ (46 ) $ 88 $ 88 $ 40
Summary of Significant Unobservable Inputs Used for Certain Liability Fair Value Measurements	The following table presents a summary of the significant unobservable inputs used for certain liability fair value measurements that are based on internal models and classified as Level 3 as of September 30, 2016: (Amounts in millions) Valuation technique Fair value Unobservable input Range Weighted-average Policyholder account balances: Withdrawal — % - 99% 68% Lapse rate — % - 15% 6% Non-performance risk 40bps - 85bps 71bps GMWB embedded derivatives (1) Stochastic cash flow $439 Equity index 15% - 24% 21% Fixed index annuity embedded derivatives Option budget $364 Expected future — % - 2% 2% Indexed universal life embedded derivatives Option budget $13 Expected future 4% - 9% 6% (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

Deferred Acquisition Costs (Tab

Deferred Acquisition Costs (Tables)	9 Months Ended
	Sep. 30, 2016
Activity Impacting Deferred Acquisition Costs	The following table presents the activity impacting deferred acquisition costs (“DAC”) for the dates indicated: As of or for the nine months (Amounts in millions) 2016 2015 Unamortized beginning balance $ 4,569 $ 5,200 Impact of foreign currency translation 8 (20 ) Costs deferred 124 228 Amortization, net of interest accretion (257 ) (266 ) Impairment — (455 ) Unamortized ending balance 4,444 4,687 Accumulated effect of net unrealized investment (gains) losses (462 ) (246 ) Ending balance $ 3,982 $ 4,441

Liability for Policy and Cont30

Liability for Policy and Contract Claims (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Liability for Policy and Contract Claims	he following table sets forth our recorded liability for policy and contract claims by business as of the dates indicated: (Amounts in millions) September 30, December 31, Long-term care insurance $ 7,654 $ 6,749 U.S. mortgage insurance 658 849 Australia mortgage insurance 215 165 Life insurance 195 202 Canada mortgage insurance 112 87 Runoff 16 18 Fixed annuities 12 18 Other mortgage insurance 7 7 Total liability for policy and contract claims $ 8,869 $ 8,095
Long-term Care Insurance
Changes in Liability for Policy and Contract Claims	The following table sets forth changes in the liability for policy and contract claims for our long-term care insurance business for the dates indicated: As of or for the nine (Amounts in millions) 2016 2015 Beginning balance $ 6,749 $ 6,216 Less reinsurance recoverables (2,055 ) (1,926 ) Net beginning balance 4,694 4,290 Incurred related to insured events of: Current year 1,546 1,241 Prior years 378 6 Total incurred 1,924 1,247 Paid related to insured events of: Current year (82 ) (75 ) Prior years (1,160 ) (1,050 ) Total paid (1,242 ) (1,125 ) Interest on liability for policy and contract claims 188 172 Net ending balance 5,564 4,584 Add reinsurance recoverables 2,090 1,999 Ending balance $ 7,654 $ 6,583

Borrowings and Other Financin31

Borrowings and Other Financings (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Long Term Borrowings	The following table sets forth total long-term borrowings as of the dates indicated: (Amounts in millions) September 30, 2016 December 31, 2015 Genworth Holdings (1) 8.625% Senior Notes, due 2016 $ — $ 298 6.52% Senior Notes, due 2018 597 598 7.70% Senior Notes, due 2020 397 397 7.20% Senior Notes, due 2021 381 389 7.625% Senior Notes, due 2021 705 724 4.90% Senior Notes, due 2023 399 399 4.80% Senior Notes, due 2024 400 400 6.50% Senior Notes, due 2034 297 297 6.15% Fixed-to-Floating Rate Junior Subordinated Notes, due 2066 598 598 Subtotal 3,774 4,100 Bond consent fees (40 ) — Deferred borrowing charges (20 ) (21 ) Total Genworth Holdings 3,714 4,079 Canada (2) 5.68% Senior Notes, due 2020 210 199 4.24% Senior Notes, due 2024 122 116 Subtotal 332 315 Deferred borrowing charges (2 ) (2 ) Total Canada 330 313 Australia (3) Floating Rate Junior Notes, due 2021 — 36 Floating Rate Junior Notes, due 2025 153 146 Subtotal 153 182 Deferred borrowing charges (3 ) (4 ) Total Australia 150 178 Total $ 4,194 $ 4,570 (1) We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread. (2) Senior notes issued by Genworth Canada, our majority-owned subsidiary. (3) Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited, our indirect wholly-owned subsidiary.
Schedule of Non-Recourse Funding Obligations of Special Purpose Consolidated Captive Insurance Subsidiaries	The following table sets forth the non-recourse funding obligations (surplus notes) of our wholly-owned, special purpose consolidated captive insurance subsidiaries as of the dates indicated: (Amounts in millions) September 30, 2016 December 31, 2015 Issuance River Lake Insurance Company (a) $ — $ 570 River Lake Insurance Company (b) — 405 River Lake Insurance Company II (a) — 192 River Lake Insurance Company II (b) — 453 Rivermont Life Insurance Company I (a) 315 315 Subtotal 315 1,935 Deferred borrowing charges (5 ) (15 ) Total $ 310 $ 1,920 (a) Accrual of interest based on one-month London Interbank Offered Rate (“LIBOR”) that resets every 28 days plus a fixed margin. (b) Accrual of interest based on one-month LIBOR that resets on a specified date each month plus a contractual margin.
Remaining Contractual Maturity of Agreements	The following tables present the remaining contractual maturity of the agreements as of the dates indicated: September 30, 2016 (Amounts in millions) Overnight and Up to 30 days 31 - 90 days Greater than Total Repurchase agreements: U.S. government, agencies and government-sponsored enterprises $ — $ — $ — $ — $ — Securities lending: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises 78 — — — 78 Non-U.S. government 61 — — — 61 U.S. corporate 163 — — — 163 Non-U.S. corporate 110 — — — 110 Subtotal, fixed maturity securities 412 — — — 412 Equity securities 5 — — — 5 Total securities lending 417 — — — 417 Total repurchase agreements and securities lending $ 417 $ — $ — $ — $ 417 December 31, 2015 (Amounts in millions) Overnight and Up to 30 days 31 - 90 days Greater than Total Repurchase agreements: U.S. government, agencies and government-sponsored enterprises $ — $ 58 $ 25 $ 146 $ 229 Securities lending: Fixed maturity securities: U.S. government, agencies and government-sponsored enterprises 18 — — — 18 Non-U.S. government 39 — — — 39 U.S. corporate 95 — — — 95 Non-U.S. corporate 190 — — — 190 Subtotal, fixed maturity securities 342 — — — 342 Equity securities 5 — — — 5 Total securities lending 347 — — — 347 Total repurchase agreements and securities lending $ 347 $ 58 $ 25 $ 146 $ 576

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2016
Reconciliation of Federal Statutory Tax Rate to Effective Income Tax Rate	The reconciliation of the federal statutory tax rate to the effective income tax rate was as follows for the periods indicated: Three months ended September 30, Nine months ended (Amounts in millions) 2016 2015 2016 2015 Pre-tax income (loss) $ (125 ) $ (351 ) $ 376 $ 188 Statutory U.S. federal income tax rate $ (44 ) 35.0 % $ (123 ) 35.0 % $ 132 35.0 % $ 66 35.0 % Increase (reduction) in rate resulting from: State income tax, net of federal income tax effect — — (1 ) 0.4 1 0.2 3 1.4 Benefit on tax favored investments 1 (0.7 ) (9 ) 2.5 (2 ) (0.5 ) (14 ) (7.2 ) Effect of foreign operations 5 (3.9 ) (3 ) 0.8 (12 ) (3.3 ) (33 ) (17.5 ) Non-deductible expenses (1 ) 0.5 — — (1 ) (0.1 ) 1 0.6 Interest on uncertain tax positions — — 1 (0.2 ) — — 1 0.4 Valuation allowance 265 (212.9 ) — — 240 63.8 — — Stock-based compensation 2 (1.8 ) 2 (0.5 ) 5 1.4 4 2.0 Loss on sale of business — — — — (1 ) (0.2 ) — — Other, net (6 ) 4.8 (1 ) 0.1 (7 ) (1.8 ) (1 ) (0.4 ) Effective rate $ 222 (179.0 )% $ (134 ) 38.1 % $ 355 94.5 % $ 27 14.3 %

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2016
Summary of Revenues for Segments and Corporate and Other Activities	The following is a summary of revenues for our segments and Corporate and Other activities for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Revenues: U.S. Mortgage Insurance segment $ 186 $ 161 $ 537 $ 497 Canada Mortgage Insurance segment 156 124 463 429 Australia Mortgage Insurance segment 115 122 333 360 U.S. Life Insurance segment: Long-term care insurance 980 949 3,051 2,769 Life insurance 418 455 953 1,419 Fixed annuities 218 221 613 683 U.S. Life Insurance segment 1,616 1,625 4,617 4,871 Runoff segment 84 53 218 209 Corporate and Other activities (7 ) 15 3 26 Total revenues $ 2,150 $ 2,100 $ 6,171 $ 6,392
Summary of Net Operating Income (Loss) for Segments and Corporate and Other Activities	The following is a summary of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities and a reconciliation of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities to net loss available to Genworth Financial, Inc.’s common stockholders for the periods indicated: Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Net operating income (loss) available to Genworth Financial, Inc.‘s common stockholders: U.S. Mortgage Insurance segment $ 67 $ 37 $ 189 $ 138 Canada Mortgage Insurance segment 36 38 107 115 Australia Mortgage Insurance segment 14 21 48 80 U.S. Life Insurance segment: Long-term care insurance (270 ) (10 ) (199 ) 10 Life insurance 48 31 110 93 Fixed annuities 15 19 28 75 U.S. Life Insurance segment (207 ) 40 (61 ) 178 Runoff segment 12 (4 ) 22 16 Corporate and Other activities (327 ) (68 ) (484 ) (190 ) Net operating income (loss) available to Genworth Financial, Inc.’s common stockholders (405 ) 64 (179 ) 337 Adjustments to net operating income (loss) available to Genworth Financial, Inc.’s common stockholders: Net investment gains (losses), net (1) 18 (33 ) 38 (29 ) Gains (losses) on sale of businesses — — 3 — Gains (losses) on early extinguishment of debt, net (2) — (2 ) 48 (2 ) Gains (losses) from life block transactions — (455 ) (9 ) (455 ) Expenses related to restructuring (2 ) — (22 ) (3 ) Fees associated with bond consent solicitation — — (18 ) — Taxes on adjustments (6 ) 163 9 163 Income (loss) from continuing operations available to Genworth Financial, Inc.‘s common stockholders (395 ) (263 ) (130 ) 11 Add: income from continuing operations attributable to noncontrolling interests 48 46 151 150 Income (loss) from continuing operations (347 ) (217 ) 21 161 Income (loss) from discontinued operations, net of taxes 15 (21 ) (25 ) (334 ) Net loss (332 ) (238 ) (4 ) (173 ) Less: net income attributable to noncontrolling interests 48 46 151 150 Net loss available to Genworth Financial, Inc.‘s common stockholders $ (380 ) $ (284 ) $ (155 ) $ (323 ) (1) For the three months ended September 30, 2016 and 2015, net investment gains (losses) were adjusted for DAC and other intangible amortization and certain benefit reserves of zero and $10 million, respectively, and adjusted for net investment (gains) losses attributable to noncontrolling interests of $(2) million and $8 million, respectively. For the nine months ended September 30, 2016 and 2015, net investment gains (losses) were adjusted for DAC and other intangible amortization and certain benefit reserves of $15 million and $24 million, respectively, and adjusted for net investment (gains) losses attributable to noncontrolling interests of $(8) million and $6 million, respectively. (2) For the three and nine months ended September 30, 2015, (gains) losses on the early extinguishment of debt were adjusted for the portion attributable to noncontrolling interests of $(1) million.
Summary of Total Assets for Segments and Corporate and Other Activities	The following is a summary of total assets for our segments and Corporate and Other activities as of the dates indicated: (Amounts in millions) September 30, December 31, Assets: U.S. Mortgage Insurance segment $ 2,667 $ 2,899 Canada Mortgage Insurance segment 4,983 4,520 Australia Mortgage Insurance segment 2,794 2,987 U.S. Life Insurance segment 85,016 79,530 Runoff segment 11,503 12,115 Corporate and Other activities 1,889 4,253 Segment assets from continuing operations 108,852 106,304 Assets held for sale — 127 Total assets $ 108,852 $ 106,431

Changes in Accumulated Other 34

Changes in Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2016
Component of Changes in Accumulated Other Comprehensive Income (Loss), Net of Taxes	The following tables show the changes in accumulated other comprehensive income (loss), net of taxes, by component as of and for the periods indicated: (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of July 1, 2016 $ 2,789 $ 2,439 $ (140 ) $ 5,088 OCI before reclassifications 86 72 (1 ) 157 Amounts reclassified from (to) OCI (9 ) (18 ) — (27 ) Current period OCI 77 54 (1 ) 130 Balances as of September 30, 2016 before noncontrolling interests 2,866 2,493 (141 ) 5,218 Less: change in OCI attributable to noncontrolling interests 6 — 10 16 Balances as of September 30, 2016 $ 2,860 $ 2,493 $ (151 ) $ 5,202 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of July 1, 2015 $ 1,628 $ 1,913 $ (232 ) $ 3,309 OCI before reclassifications 79 229 (302 ) 6 Amounts reclassified from (to) OCI 8 (12 ) — (4 ) Current period OCI 87 217 (302 ) 2 Balances as of September 30, 2015 before noncontrolling interests 1,715 2,130 (534 ) 3,311 Less: change in OCI attributable to noncontrolling interests (16 ) — (151 ) (167 ) Balances as of September 30, 2015 $ 1,731 $ 2,130 $ (383 ) $ 3,478 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of January 1, 2016 $ 1,254 $ 2,045 $ (289 ) $ 3,010 OCI before reclassifications 1,692 507 223 2,422 Amounts reclassified from (to) OCI (62 ) (59 ) — (121 ) Current period OCI 1,630 448 223 2,301 Balances as of September 30, 2016 before noncontrolling interests 2,884 2,493 (66 ) 5,311 Less: change in OCI attributable to noncontrolling interests 24 — 85 109 Balances as of September 30, 2016 $ 2,860 $ 2,493 $ (151 ) $ 5,202 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions) Net (1) Derivatives (2) Foreign Total Balances as of January 1, 2015 $ 2,453 $ 2,070 $ (77 ) $ 4,446 OCI before reclassifications (727 ) 99 (619 ) (1,247 ) Amounts reclassified from (to) OCI (1 ) (39 ) — (40 ) Current period OCI (728 ) 60 (619 ) (1,287 ) Balances as of September 30, 2015 before noncontrolling interests 1,725 2,130 (696 ) 3,159 Less: change in OCI attributable to noncontrolling interests (6 ) — (313 ) (319 ) Balances as of September 30, 2015 $ 1,731 $ 2,130 $ (383 ) $ 3,478 (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information.
Reclassifications in (out) of Accumulated Other Comprehensive Income (Loss), Net of Taxes	The following table shows reclassifications in (out) of accumulated other comprehensive income (loss), net of taxes, for the periods presented: Amount reclassified from accumulated other Affected line item in the consolidated statements of income Three months ended Nine months ended (Amounts in millions) 2016 2015 2016 2015 Net unrealized investment (gains) losses: Unrealized (gains) losses on investments (1) $ (13 ) $ 13 $ (95 ) $ (1 ) Net investment (gains) losses Provision for income taxes 4 (5 ) 33 — Provision for income taxes Total $ (9 ) $ 8 $ (62 ) $ (1 ) Derivatives qualifying as hedges: Interest rate swaps hedging assets $ (27 ) $ (22 ) $ (80 ) $ (61 ) Net investment income Interest rate swaps hedging assets — — (1 ) — Net investment (gains) losses Inflation indexed swaps — 5 (2 ) 2 Net investment income Inflation indexed swaps — — (7 ) — Net investment (gains) losses Forward bond purchase commitments — (1 ) — (1 ) Net investment income Provision for income taxes 9 6 31 21 Provision for income taxes Total $ (18 ) $ (12 ) $ (59 ) $ (39 ) (1) Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

Sale of Businesses (Tables)

Sale of Businesses (Tables)	9 Months Ended
	Sep. 30, 2016
Balance Sheet Information for Held for Sale	The major assets and liability categories of our European mortgage insurance business were as follows as of the dates indicated: (Amounts in millions) September 30, December 31, Assets Investments: Fixed maturity securities available-for-sale, at fair value $ — $ 195 Other invested assets — 6 Total investments — 201 Cash and cash equivalents — 28 Accrued investment income — 3 Reinsurance recoverable — 21 Other assets — 14 Assets held for sale — 267 Fair value less closing costs impairment — (140 ) Total assets held for sale $ — $ 127 Liabilities Liability for policy and contract claims $ — $ 56 Unearned premiums — 58 Other liabilities — 12 Deferred tax liability — 1 Liabilities held for sale $ — $ 127

Condensed Consolidating Finan36

Condensed Consolidating Financial Information (Tables)	9 Months Ended
	Sep. 30, 2016
Condensed Consolidating Balance Sheet	The following table presents the condensed consolidating balance sheet information as of September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Assets Investments: Fixed maturity securities available-for-sale, at fair value $ — $ — $ 63,980 $ (200 ) $ 63,780 Equity securities available-for-sale, at fair value — — 590 — 590 Commercial mortgage loans — — 6,017 — 6,017 Restricted commercial mortgage loans related to securitization entities — — 134 — 134 Policy loans — — 1,751 — 1,751 Other invested assets — 102 2,582 (8 ) 2,676 Restricted other invested assets related to securitization entities, at fair value — — 312 — 312 Investments in subsidiaries 14,945 14,517 — (29,462 ) — Total investments 14,945 14,619 75,366 (29,670 ) 75,260 Cash and cash equivalents — 1,065 2,013 — 3,078 Accrued investment income — — 677 — 677 Deferred acquisition costs — — 3,982 — 3,982 Intangible assets and goodwill — — 258 — 258 Reinsurance recoverable — — 17,542 — 17,542 Other assets 3 188 380 (1 ) 570 Intercompany notes receivable — 60 85 (145 ) — Separate account assets — — 7,485 — 7,485 Total assets $ 14,948 $ 15,932 $ 107,788 $ (29,816 ) $ 108,852 Liabilities and equity Liabilities: Future policy benefits $ — $ — $ 37,405 $ — $ 37,405 Policyholder account balances — — 25,867 — 25,867 Liability for policy and contract claims — — 8,869 — 8,869 Unearned premiums — — 3,464 — 3,464 Other liabilities 30 305 2,955 (10 ) 3,280 Intercompany notes payable 60 285 — (345 ) — Borrowings related to securitization entities — — 78 — 78 Non-recourse funding obligations — — 310 — 310 Long-term borrowings — 3,714 480 — 4,194 Deferred tax liability (13 ) (761 ) 1,925 — 1,151 Separate account liabilities — — 7,485 — 7,485 Total liabilities 77 3,543 88,838 (355 ) 92,103 Equity: Common stock 1 — — — 1 Additional paid-in capital 11,959 9,097 20,251 (29,348 ) 11,959 Accumulated other comprehensive income (loss) 5,202 5,188 5,255 (10,443 ) 5,202 Retained earnings 409 (1,896 ) (8,734 ) 10,630 409 Treasury stock, at cost (2,700 ) — — — (2,700 ) Total Genworth Financial, Inc.’s stockholders’ equity 14,871 12,389 16,772 (29,161 ) 14,871 Noncontrolling interests — — 2,178 (300 ) 1,878 Total equity 14,871 12,389 18,950 (29,461 ) 16,749 Total liabilities and equity $ 14,948 $ 15,932 $ 107,788 $ (29,816 ) $ 108,852 The following table presents the condensed consolidating balance sheet information as of December 31, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Assets Investments: Fixed maturity securities available-for-sale, at fair value $ — $ 150 $ 58,247 $ (200 ) $ 58,197 Equity securities available-for-sale, at fair value — — 310 — 310 Commercial mortgage loans — — 6,170 — 6,170 Restricted commercial mortgage loans related to securitization entities — — 161 — 161 Policy loans — — 1,568 — 1,568 Other invested assets — 114 2,198 (3 ) 2,309 Restricted other invested assets related to securitization entities, at fair value — — 413 — 413 Investments in subsidiaries 12,814 12,989 — (25,803 ) — Total investments 12,814 13,253 69,067 (26,006 ) 69,128 Cash and cash equivalents — 1,124 4,841 — 5,965 Accrued investment income — — 657 (4 ) 653 Deferred acquisition costs — — 4,398 — 4,398 Intangible assets and goodwill — — 357 — 357 Reinsurance recoverable — — 17,245 — 17,245 Other assets — 199 323 (2 ) 520 Intercompany notes receivable — 2 458 (460 ) — Deferred tax assets 25 1,038 (908 ) — 155 Separate account assets — — 7,883 — 7,883 Assets held for sale — — 127 — 127 Total assets $ 12,839 $ 15,616 $ 104,448 $ (26,472 ) $ 106,431 Liabilities and equity Liabilities: Future policy benefits $ — $ — $ 36,475 $ — $ 36,475 Policyholder account balances — — 26,209 — 26,209 Liability for policy and contract claims — — 8,095 — 8,095 Unearned premiums — — 3,308 — 3,308 Other liabilities 13 279 2,722 (10 ) 3,004 Intercompany notes payable 2 658 — (660 ) — Borrowings related to securitization entities — — 179 — 179 Non-recourse funding obligations — — 1,920 — 1,920 Long-term borrowings — 4,078 492 — 4,570 Deferred tax liability — — 24 — 24 Separate account liabilities — — 7,883 — 7,883 Liabilities held for sale — — 127 — 127 Total liabilities 15 5,015 87,434 (670 ) 91,794 Equity: Common stock 1 — — — 1 Additional paid-in capital 11,949 9,097 17,007 (26,104 ) 11,949 Accumulated other comprehensive income (loss) 3,010 3,116 3,028 (6,144 ) 3,010 Retained earnings 564 (1,612 ) (5,134 ) 6,746 564 Treasury stock, at cost (2,700 ) — — — (2,700 ) Total Genworth Financial, Inc.’s stockholders’ equity 12,824 10,601 14,901 (25,502 ) 12,824 Noncontrolling interests — — 2,113 (300 ) 1,813 Total equity 12,824 10,601 17,014 (25,802 ) 14,637 Total liabilities and equity $ 12,839 $ 15,616 $ 104,448 $ (26,472 ) $ 106,431
Condensed Consolidating Income Statement	The following table presents the condensed consolidating income statement information for the three months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Revenues: Premiums $ — $ — $ 1,108 $ — $ 1,108 Net investment income (2 ) 1 810 (4 ) 805 Net investment gains (losses) — (1 ) 21 — 20 Policy fees and other income — — 217 — 217 Total revenues (2 ) — 2,156 (4 ) 2,150 Benefits and expenses: Benefits and other changes in policy reserves — — 1,662 — 1,662 Interest credited — — 173 — 173 Acquisition and operating expenses, net of deferrals 13 — 256 — 269 Amortization of deferred acquisition costs and intangibles — — 94 — 94 Interest expense — 69 12 (4 ) 77 Total benefits and expenses 13 69 2,197 (4 ) 2,275 Loss from continuing operations before income taxes and equity in loss of subsidiaries (15 ) (69 ) (41 ) — (125 ) Provision (benefit) for income taxes (4 ) 155 71 — 222 Equity in loss of subsidiaries (369 ) (207 ) — 576 — Loss from continuing operations (380 ) (431 ) (112 ) 576 (347 ) Income from discontinued operations, net of taxes — 11 4 — 15 Net loss (380 ) (420 ) (108 ) 576 (332 ) Less: net income attributable to noncontrolling interests — — 48 — 48 Net loss available to Genworth Financial, Inc.’s common stockholders $ (380 ) $ (420 ) $ (156 ) $ 576 $ (380 ) The following table presents the condensed consolidating income statement information for the three months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Revenues: Premiums $ — $ — $ 1,145 $ — $ 1,145 Net investment income (1 ) — 788 (4 ) 783 Net investment gains (losses) — 21 (72 ) — (51 ) Policy fees and other income — (10 ) 233 — 223 Total revenues (1 ) 11 2,094 (4 ) 2,100 Benefits and expenses: Benefits and other changes in policy reserves — — 1,290 — 1,290 Interest credited — — 179 — 179 Acquisition and operating expenses, net of deferrals 9 1 304 — 314 Amortization of deferred acquisition costs and intangibles — — 563 — 563 Interest expense — 77 32 (4 ) 105 Total benefits and expenses 9 78 2,368 (4 ) 2,451 Loss from continuing operations before income taxes and equity in loss of subsidiaries (10 ) (67 ) (274 ) — (351 ) Provision (benefit) for income taxes (40 ) 21 (115 ) — (134 ) Equity in loss of subsidiaries (314 ) (270 ) — 584 — Loss from continuing operations (284 ) (358 ) (159 ) 584 (217 ) Loss from discontinued operations, net of taxes — — (21 ) — (21 ) Net loss (284 ) (358 ) (180 ) 584 (238 ) Less: net income attributable to noncontrolling interests — — 46 — 46 Net loss available to Genworth Financial, Inc.’s common stockholders $ (284 ) $ (358 ) $ (226 ) $ 584 $ (284 ) The following table presents the condensed consolidating income statement information for the nine months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Revenues: Premiums $ — $ — $ 3,029 $ — $ 3,029 Net investment income (3 ) 1 2,386 (11 ) 2,373 Net investment gains (losses) — (14 ) 45 — 31 Policy fees and other income — (6 ) 745 (1 ) 738 Total revenues (3 ) (19 ) 6,205 (12 ) 6,171 Benefits and expenses: Benefits and other changes in policy reserves — — 3,715 — 3,715 Interest credited — — 523 — 523 Acquisition and operating expenses, net of deferrals 118 38 834 — 990 Amortization of deferred acquisition costs and intangibles — — 305 — 305 Interest expense 1 210 63 (12 ) 262 Total benefits and expenses 119 248 5,440 (12 ) 5,795 Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries (122 ) (267 ) 765 — 376 Provision (benefit) for income taxes (31 ) 88 298 — 355 Equity in income (loss) of subsidiaries (62 ) 78 — (16 ) — Income (loss) from continuing operations (153 ) (277 ) 467 (16 ) 21 Loss from discontinued operations, net of taxes (2 ) (7 ) (16 ) — (25 ) Net income (loss) (155 ) (284 ) 451 (16 ) (4 ) Less: net income attributable to noncontrolling interests — — 151 — 151 Net income (loss) available to Genworth Financial, Inc.’s common stockholders $ (155 ) $ (284 ) $ 300 $ (16 ) $ (155 ) The following table presents the condensed consolidating income statement information for the nine months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Revenues: Premiums $ — $ — $ 3,422 $ — $ 3,422 Net investment income (2 ) 1 2,369 (11 ) 2,357 Net investment gains (losses) — 37 (96 ) — (59 ) Policy fees and other income — (30 ) 703 (1 ) 672 Total revenues (2 ) 8 6,398 (12 ) 6,392 Benefits and expenses: Benefits and other changes in policy reserves — — 3,714 — 3,714 Interest credited — — 540 — 540 Acquisition and operating expenses, net of deferrals 23 2 851 — 876 Amortization of deferred acquisition costs and intangibles — — 759 — 759 Interest expense — 231 96 (12 ) 315 Total benefits and expenses 23 233 5,960 (12 ) 6,204 Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries (25 ) (225 ) 438 — 188 Provision (benefit) for income taxes (7 ) (81 ) 115 — 27 Equity in income (loss) of subsidiaries (299 ) (319 ) — 618 — Income (loss) from continuing operations (317 ) (463 ) 323 618 161 Loss from discontinued operations, net of taxes (6 ) — (328 ) — (334 ) Net loss (323 ) (463 ) (5 ) 618 (173 ) Less: net income attributable to noncontrolling interests — — 150 — 150 Net loss available to Genworth Financial, Inc.’s common stockholders $ (323 ) $ (463 ) $ (155 ) $ 618 $ (323 )
Condensed Consolidating Statement of Comprehensive Income	The following table presents the condensed consolidating comprehensive income statement information for the three months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Net loss $ (380 ) $ (420 ) $ (108 ) $ 576 $ (332 ) Other comprehensive income (loss), net of taxes: Net unrealized gains (losses) on securities not other-than-temporarily impaired 66 63 73 (130 ) 72 Net unrealized gains (losses) on other-than-temporarily impaired securities 5 4 4 (8 ) 5 Derivatives qualifying as hedges 54 54 57 (111 ) 54 Foreign currency translation and other adjustments (11 ) (3 ) — 13 (1 ) Total other comprehensive income (loss) 114 118 134 (236 ) 130 Total comprehensive income (loss) (266 ) (302 ) 26 340 (202 ) Less: comprehensive income attributable to noncontrolling interests — — 64 — 64 Total comprehensive income (loss) available to Genworth Financial, Inc.‘s common stockholders $ (266 ) $ (302 ) $ (38 ) $ 340 $ (266 ) The following table presents the condensed consolidating comprehensive income statement information for the three months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Net loss $ (284 ) $ (358 ) $ (180 ) $ 584 $ (238 ) Other comprehensive income (loss), net of taxes: Net unrealized gains (losses) on securities not other-than-temporarily impaired 103 111 85 (212 ) 87 Net unrealized gains (losses) on other-than-temporarily impaired securities — (1 ) — 1 — Derivatives qualifying as hedges 217 217 231 (448 ) 217 Foreign currency translation and other adjustments (151 ) (127 ) (302 ) 278 (302 ) Total other comprehensive income (loss) 169 200 14 (381 ) 2 Total comprehensive income (loss) (115 ) (158 ) (166 ) 203 (236 ) Less: comprehensive income attributable to noncontrolling interests — — (121 ) — (121 ) Total comprehensive income (loss) available to Genworth Financial, Inc.‘s common stockholders $ (115 ) $ (158 ) $ (45 ) $ 203 $ (115 ) The following table presents the condensed consolidating comprehensive income statement information for the nine months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Net income (loss) $ (155 ) $ (284 ) $ 451 $ (16 ) $ (4 ) Other comprehensive income (loss), net of taxes: Net unrealized gains (losses) on securities not other-than-temporarily impaired 1,600 1,555 1,625 (3,156 ) 1,624 Net unrealized gains (losses) on other-than-temporarily impaired securities 6 5 6 (11 ) 6 Derivatives qualifying as hedges 448 447 481 (928 ) 448 Foreign currency translation and other adjustments 138 65 224 (204 ) 223 Total other comprehensive income (loss) 2,192 2,072 2,336 (4,299 ) 2,301 Total comprehensive income (loss) 2,037 1,788 2,787 (4,315 ) 2,297 Less: comprehensive income attributable to noncontrolling interests — — 260 — 260 Total comprehensive income available to Genworth Financial, Inc.‘s common stockholders $ 2,037 $ 1,788 $ 2,527 $ (4,315 ) $ 2,037 The following table presents the condensed consolidating comprehensive income statement information for the nine months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Net loss $ (323 ) $ (463 ) $ (5 ) $ 618 $ (173 ) Other comprehensive income (loss), net of taxes: Net unrealized gains (losses) on securities not other-than-temporarily impaired (708 ) (696 ) (729 ) 1,405 (728 ) Net unrealized gains (losses) on other-than-temporarily impaired securities — (1 ) — 1 — Derivatives qualifying as hedges 60 60 68 (128 ) 60 Foreign currency translation and other adjustments (344 ) (276 ) (619 ) 620 (619 ) Total other comprehensive income (loss) (992 ) (913 ) (1,280 ) 1,898 (1,287 ) Total comprehensive income (loss) (1,315 ) (1,376 ) (1,285 ) 2,516 (1,460 ) Less: comprehensive income attributable to noncontrolling interests — — (145 ) — (145 ) Total comprehensive income (loss) available to Genworth Financial, Inc.‘s common stockholders $ (1,315 ) $ (1,376 ) $ (1,140 ) $ 2,516 $ (1,315 )
Condensed Consolidating Statement of Cash Flows	The following table presents the condensed consolidating cash flows statement information for the nine months ended September 30, 2016: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Cash flows from operating activities: Net income (loss) $ (155 ) $ (284 ) $ 451 $ (16 ) $ (4 ) Less loss from discontinued operations, net of taxes 2 7 16 — 25 Adjustments to reconcile net income (loss) to net cash from operating activities: Equity in (income) loss from subsidiaries 62 (78 ) — 16 — Dividends from subsidiaries — 250 (250 ) — — (Gain) loss on sale of businesses — 1 (27 ) — (26 ) Amortization of fixed maturity securities discounts and premiums and limited partnerships — 3 (115 ) — (112 ) Net investment losses (gains) — 14 (45 ) — (31 ) Charges assessed to policyholders — — (574 ) — (574 ) Acquisition costs deferred — — (124 ) — (124 ) Amortization of deferred acquisition costs and intangibles — — 305 — 305 Deferred income taxes 8 304 (139 ) — 173 Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments — 5 754 — 759 Stock-based compensation expense 18 — 7 — 25 Change in certain assets and liabilities: Accrued investment income and other assets (3 ) (4 ) (246 ) (5 ) (258 ) Insurance reserves — — 691 — 691 Current tax liabilities 11 (4 ) 37 — 44 Other liabilities, policy and contract claims and other policy-related balances (1 ) (22 ) 928 — 905 Net cash from operating activities (58 ) 192 1,669 (5 ) 1,798 Cash flows from investing activities: Proceeds from maturities and repayments of investments: Fixed maturity securities — 150 2,496 — 2,646 Commercial mortgage loans — — 555 — 555 Restricted commercial mortgage loans related to securitization entities — — 27 — 27 Proceeds from sales of investments: Fixed maturity and equity securities — — 4,064 — 4,064 Purchases and originations of investments: Fixed maturity and equity securities — — (8,758 ) — (8,758 ) Commercial mortgage loans — — (405 ) — (405 ) Other invested assets, net — — (143 ) 5 (138 ) Policy loans, net — — (80 ) — (80 ) Intercompany notes receivable — (58 ) (18 ) 76 — Proceeds from sale of businesses, net of cash transferred — 1 38 — 39 Net cash from investing activities — 93 (2,224 ) 81 (2,050 ) Cash flows from financing activities: Deposits to universal life and investment contracts — — 1,028 — 1,028 Withdrawals from universal life and investment contracts — — (1,463 ) — (1,463 ) Redemption of non-recourse funding obligations — — (1,620 ) — (1,620 ) Repayment and repurchase of long-term debt — (326 ) (36 ) — (362 ) Repayment of borrowings related to securitization entities — — (37 ) — (37 ) Return of capital to noncontrolling interests — — (70 ) — (70 ) Dividends paid to noncontrolling interests — — (126 ) — (126 ) Proceeds from intercompany notes payable 58 18 — (76 ) — Other, net — (36 ) (13 ) — (49 ) Net cash from financing activities 58 (344 ) (2,337 ) (76 ) (2,699 ) Effect of exchange rate changes on cash and cash equivalents — — 36 — 36 Net change in cash and cash equivalents — (59 ) (2,856 ) — (2,915 ) Cash and cash equivalents at beginning of period — 1,124 4,869 — 5,993 Cash and cash equivalents at end of period — 1,065 2,013 — 3,078 Less cash and cash equivalents held for sale at end of period — — — — — Cash and cash equivalents of continuing operations at end of period $ — $ 1,065 $ 2,013 $ — $ 3,078 The following table presents the condensed consolidating cash flows statement information for the nine months ended September 30, 2015: (Amounts in millions) Parent Issuer All Other Eliminations Consolidated Cash flows from operating activities: Net loss $ (323 ) $ (463 ) $ (5 ) $ 618 $ (173 ) Less loss from discontinued operations, net of taxes 6 — 328 — 334 Adjustments to reconcile net income (loss) to net cash from operating activities: Equity in loss from subsidiaries 299 319 — (618 ) — Dividends from subsidiaries — 454 (454 ) — — Amortization of fixed maturity securities discounts and premiums and limited partnerships — — (80 ) — (80 ) Net investment losses (gains) — (37 ) 96 — 59 Charges assessed to policyholders — — (586 ) — (586 ) Acquisition costs deferred — — (226 ) — (226 ) Amortization of deferred acquisition costs and intangibles — — 759 — 759 Deferred income taxes (2 ) (102 ) (13 ) — (117 ) Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments — 27 (274 ) — (247 ) Stock-based compensation expense 16 — (2 ) — 14 Change in certain assets and liabilities: Accrued investment income and other assets — 3 (133 ) (3 ) (133 ) Insurance reserves — — 1,270 — 1,270 Current tax liabilities (1 ) 13 (88 ) 5 (71 ) Other liabilities, policy and contract claims and other policy-related balances — (1 ) 353 — 352 Cash from operating activities—held for sale — — 3 — 3 Net cash from operating activities (5 ) 213 948 2 1,158 Cash flows from investing activities: Proceeds from maturities and repayments of investments: Fixed maturity securities — 1 3,388 — 3,389 Commercial mortgage loans — — 640 — 640 Restricted commercial mortgage loans related to securitization entities — — 27 — 27 Proceeds from sales of investments: Fixed maturity and equity securities — — 1,333 — 1,333 Purchases and originations of investments: Fixed maturity and equity securities — — (6,836 ) — (6,836 ) Commercial mortgage loans — — (678 ) — (678 ) Other invested assets, net — (100 ) 63 (2 ) (39 ) Policy loans, net — — 23 — 23 Intercompany notes receivable 7 (24 ) (4 ) 21 — Capital contributions to subsidiaries — (25 ) 25 — — Cash transferred for purchase of a subsidiary — (202 ) 202 — — Cash from investing activities—held for sale — — (22 ) — (22 ) Net cash from investing activities 7 (350 ) (1,839 ) 19 (2,163 ) Cash flows from financing activities: Deposits to universal life and investment contracts — — 1,693 — 1,693 Withdrawals from universal life and investment contracts — — (1,677 ) — (1,677 ) Redemption of non-recourse funding obligations — — (45 ) — (45 ) Proceeds from the issuance of long-term debt — — 150 — 150 Repayment and repurchase of long-term debt — (50 ) (70 ) — (120 ) Repayment of borrowings related to securitization entities — — (26 ) — (26 ) Proceeds from sale of subsidiary shares to noncontrolling interests — — 226 — 226 Repurchase of subsidiary shares — — (17 ) — (17 ) Dividends paid to noncontrolling interests — — (145 ) — (145 ) Proceeds from intercompany notes payable — (2 ) 23 (21 ) — Other, net (2 ) (30 ) 7 — (25 ) Cash from financing activities—held for sale — — (33 ) — (33 ) Net cash from financing activities (2 ) (82 ) 86 (21 ) (19 ) Effect of exchange rate changes on cash and cash equivalents — — (86 ) — (86 ) Net change in cash and cash equivalents — (219 ) (891 ) — (1,110 ) Cash and cash equivalents at beginning of period — 953 3,965 — 4,918 Cash and cash equivalents at end of period — 734 3,074 — 3,808 Less cash and cash equivalents held for sale at end of period — — 142 — 142 Cash and cash equivalents of continuing operations at end of period $ — $ 734 $ 2,932 $ — $ 3,666

Formation of Genworth and Bas37

Formation of Genworth and Basis of Presentation - Additional Information (Detail) $ / shares in Units, $ in Billions	Oct. 21, 2016USD ($)$ / shares	Sep. 30, 2016Segment	Apr. 01, 2013
Entity Information [Line Items]
Number of operating segments | Segment		5
Genworth Holdings
Entity Information [Line Items]
Percentage of subsidiary equity ownership		100.00%	100.00%
China Oceanwide Holdings Group Co., Ltd. | Subsequent Event | Definitive Acquisition Agreement
Entity Information [Line Items]
Total transaction value to acquire all of our outstanding common stock | $	$ 2.7
Per share amount to acquire all of our outstanding common stock | $ / shares	$ 5.43

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Detail) - 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
Earnings (Loss) Per Share [Abstract]
Weighted-average common shares used in basic earnings (loss) per common share calculations		498.3	497.4	498.3	497.3
Stock options, restricted stock units and stock appreciation rights		0	0	0	1.7
Weighted-average common shares used in diluted earnings (loss) per common share calculations	[1]	498.3	497.4	498.3	499
Income (loss) from continuing operations:
Income (loss) from continuing operations		$ (347)	$ (217)	$ 21	$ 161
Less: income from continuing operations attributable to noncontrolling interests		48	46	151	150
Income (loss) from continuing operations available to Genworth Financial, Inc.'s common stockholders		$ (395)	$ (263)	$ (130)	$ 11
Basic per common share		$ (0.79)	$ (0.53)	$ (0.26)	$ 0.02
Diluted per common share		$ (0.79)	$ (0.53)	$ (0.26)	$ 0.02
Income (loss) from discontinued operations:
Income (loss) from discontinued operations, net of taxes		$ 15	$ (21)	$ (25)	$ (334)
Less: income from discontinued operations, net of taxes, attributable to noncontrolling interests		0	0	0	0
Income (loss) from discontinued operations, net of taxes, available to Genworth Financial, Inc.'s common stockholders		$ 15	$ (21)	$ (25)	$ (334)
Basic per common share		$ 0.03	$ (0.04)	$ (0.05)	$ (0.67)
Diluted per common share		$ 0.03	$ (0.04)	$ (0.05)	$ (0.67)
Net loss:
Income (loss) from continuing operations		$ (347)	$ (217)	$ 21	$ 161
Income (loss) from discontinued operations, net of taxes		15	(21)	(25)	(334)
Net loss		(332)	(238)	(4)	(173)
Less: net income attributable to noncontrolling interests		48	46	151	150
Net loss available to Genworth Financial, Inc.'s common stockholders		$ (380)	$ (284)	$ (155)	$ (323)
Basic per common share		$ (0.76)	$ (0.57)	$ (0.31)	$ (0.65)
Diluted per common share		$ (0.76)	$ (0.57)	$ (0.31)	$ (0.65)
[1]	Under applicable accounting guidance, companies in a loss position are required to use basic weighted-average common shares outstanding in the calculation of diluted loss per share. Therefore, as a result of our loss from continuing operations available to Genworth Financial, Inc.'s common stockholders for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, we were required to use basic weighted-average common shares outstanding in the calculation of diluted loss per share for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, as the inclusion of shares for stock options, restricted stock units and stock appreciation rights of 2.2 million, 1.3 million and 1.8 million, respectively, would have been antidilutive to the calculation. If we had not incurred a loss from continuing operations available to Genworth Financial, Inc.'s common stockholders for the three months ended September 30, 2016 and 2015 and the nine months ended September 30, 2016, dilutive potential weighted-average common shares outstanding would have been 500.5 million, 498.7 million and 500.1 million, respectively.

Earnings (Loss) Per Share (Pare

Earnings (Loss) Per Share (Parenthetical) (Detail) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016
Earnings Per Share Disclosure [Line Items]
Weighted-average diluted common shares outstanding, antidilutive securities (stock options, RSUs and SARs)	2.2	1.3	1.8
Weighted-average number of diluted shares if not in a loss position	500.5	498.7	500.1

Net Investment Income (Detail)

Net Investment Income (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Net Investment Income [Line Items]
Gross investment income before expenses and fees	$ 825	$ 803	$ 2,435	$ 2,423
Expenses and fees	(20)	(20)	(62)	(66)
Net investment income	805	783	2,373	2,357
Fixed maturity securities - taxable
Net Investment Income [Line Items]
Gross investment income before expenses and fees	655	647	1,930	1,924
Fixed maturity securities - non-taxable
Net Investment Income [Line Items]
Gross investment income before expenses and fees	3	3	9	9
Commercial mortgage loans
Net Investment Income [Line Items]
Gross investment income before expenses and fees	79	84	237	252
Restricted commercial mortgage loans related to securitization entities
Net Investment Income [Line Items]
Gross investment income before expenses and fees	3	3	8	10
Equity Securities
Net Investment Income [Line Items]
Gross investment income before expenses and fees	8	3	20	11
Other invested assets
Net Investment Income [Line Items]
Gross investment income before expenses and fees	34	26	105	103
Restricted other invested assets related to securitization entities
Net Investment Income [Line Items]
Gross investment income before expenses and fees	0	1	3	3
Policy Loans
Net Investment Income [Line Items]
Gross investment income before expenses and fees	38	33	107	101
Cash, cash equivalents and short-term investments
Net Investment Income [Line Items]
Gross investment income before expenses and fees	$ 5	$ 3	$ 16	$ 10

Net Investment Gains (Losses) (

Net Investment Gains (Losses) (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Investments [Abstract]
Realized gains		$ 39	$ 14	$ 205	$ 49
Realized losses		(24)	(18)	(75)	(36)
Net realized gains (losses) on available-for-sale securities		15	(4)	130	13
Total other-than-temporary impairments		(2)	(10)	(35)	(13)
Portion of other-than-temporary impairments included in other comprehensive income (loss)		0	1	0	1
Net other-than-temporary impairments		(2)	(9)	(35)	(12)
Trading securities		(4)	12	40	2
Commercial mortgage loans		(1)	1	1	5
Net gains (losses) related to securitization entities		2	(1)	(51)	9
Derivative instruments	[1]	10	(53)	(52)	(79)
Contingent consideration adjustment		0	2	(2)	2
Other		0	1	0	1
Net investment gains (losses)		$ 20	$ (51)	$ 31	$ (59)
[1]	See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses).

Investments - Additional Inform

Investments - Additional Information (Detail) $ in Millions		1 Months Ended	3 Months Ended			9 Months Ended		12 Months Ended
		Jun. 30, 2016USD ($)	Sep. 30, 2016USD ($)Loan	Jun. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)Loan	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)Loan
Schedule of Investments [Line Items]
Aggregate fair value of securities sold			$ 293		$ 186	$ 833	$ 470
Aggregate fair value of securities sold, percentage of book value			95.00%		93.00%	93.00%	94.00%
Less than 12 months, average fair value percentage below cost for securities in a continuous loss position			2.00%			2.00%
12 months or more, Gross unrealized losses			$ 130			$ 130		$ 239
Investments subject to call provisions			10,260			$ 10,260
Percentage of investment portfolio by which no other industry group exceeded						10.00%
Percentage of stockholders' equity by which no single issuer of fixed maturity securities exceeded						10
Commercial mortgage loans outstanding more than 90 days, interest accruing			0			$ 0		0
Commercial mortgage loans on nonaccrual status, past due less than 90 days			$ 0			$ 0		$ 0
Commercial mortgage loans modified or extended, number of loans | Loan			10			10		21
Commercial mortgage loans modified or extended, carrying value			$ 63			$ 63		$ 110
Number of loans modified to troubled debt restructuring | Loan						1
Troubled debt restructuring, loan			1			$ 1
Commercial mortgage loans, recorded investment			6,032			6,032		6,187
Gain related to early extinguishment of debt	[1]		0		$ (2)	48	$ (2)
Policy loan repurchased		$ 134
Investments in partnerships or similar entities generally considered VIEs			171			171		165
Commercial Mortgage Loan
Schedule of Investments [Line Items]
Commercial mortgage loans, recorded investment			6,032			6,032		6,187
Commercial Mortgage Loan | Maximum
Schedule of Investments [Line Items]
Individually impaired commercial mortgage loans			1			1
More Than 20% Below Cost | Structured Securities
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			$ 18			$ 18
12 months or more, stated percentage below cost of securities in unrealized loss position			20.00%			20.00%
12 months or more, unrealized losses on other than temporarily impaired securities, portion recognized in OCI, securities in a loss position			$ 0			$ 0
Floating rate commercial mortgage loans
Schedule of Investments [Line Items]
Commercial mortgage loans, recorded investment			0			0		7
Fixed maturity securities
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			100			100		239
Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			32			32		62
Fixed maturity securities | Less Than 20 Percent Below Cost
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			$ 69			$ 69		78
12 months or more, average fair value percentage below cost for securities in a continuous loss position			4.00%			4.00%
12 months or more, stated percentage below cost of securities in unrealized loss position			20.00%			20.00%
Fixed maturity securities | More Than 20% Below Cost
Schedule of Investments [Line Items]
12 months or more, stated percentage below cost of securities in unrealized loss position			20.00%			20.00%
Fixed maturity securities | More Than 20% Below Cost | U.S. corporate
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			$ 9			$ 9
Stated percentage below cost of securities in unrealized loss position			20.00%			20.00%
Investment grade
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			$ 100			$ 100		135
Investment grade | Less Than 20 Percent Below Cost
Schedule of Investments [Line Items]
Less than 12 months, stated percentage below cost of securities in unrealized loss position			20.00%			20.00%
Investment grade | Fixed maturity securities | Less Than 20 Percent Below Cost
Schedule of Investments [Line Items]
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position			65.00%			65.00%
Borrowings related to securitization entities
Schedule of Investments [Line Items]
Settlement of outstanding restricted debt		70
Gain related to early extinguishment of debt		64
Residual Interest Related to Securitization Entities
Schedule of Investments [Line Items]
Realized investment losses related to the write-off of residual interest		$ (64)
Utilities | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%						14.00%
Utilities | Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			$ 1			$ 1		1
Finance and insurance | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%						22.00%
Finance and insurance | Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			6			$ 6		8
Finance and insurance | Fixed maturity securities | More Than 20% Below Cost | U.S. corporate
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			$ 3			$ 3
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position			33.00%			33.00%
Consumer-non-cyclical | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%						14.00%
Consumer-non-cyclical | Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			$ 0			$ 0		4
Energy | Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			15			15		28
Energy | Fixed maturity securities | More Than 20% Below Cost | U.S. corporate
Schedule of Investments [Line Items]
12 months or more, Gross unrealized losses			$ 6			$ 6
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position			67.00%			67.00%
Industrial
Schedule of Investments [Line Items]
Individually impaired commercial mortgage loans			$ 12			$ 12		14
Impaired loans, unpaid principal balance			15			15		15
Individually impaired loans, charge-offs				$ 2		3		1
Individually impaired loans, interest income								1
Commercial mortgage loans, recorded investment			1,544			1,544		1,562
Office
Schedule of Investments [Line Items]
Individually impaired commercial mortgage loans								5
Impaired loans, unpaid principal balance								6
Individually impaired loans, charge-offs								1
Commercial mortgage loans, recorded investment			1,421			1,421		1,516
Retail
Schedule of Investments [Line Items]
Individually impaired commercial mortgage loans			5			5
Impaired loans, unpaid principal balance			7			7
Individually impaired loans, charge-offs						2
Individually impaired loans, average recorded investment						3
Commercial mortgage loans, recorded investment			$ 2,099			$ 2,099		$ 2,116
[1]	For the three and nine months ended September 30, 2015, (gains) losses on the early extinguishment of debt were adjusted for the portion attributable to noncontrolling interests of $(1) million.

Credit Losses Recognized in Net

Credit Losses Recognized in Net Income (Loss) on Debt Securities (Detail) - Debt Securities - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Cumulative credit losses, beginning balance	$ 62	$ 75	$ 64	$ 83
Other-than-temporary impairments not previously recognized	0	0	1	0
Securities sold, paid down or disposed	(8)	(9)	(11)	(17)
Cumulative credit losses, ending balance	$ 54	$ 66	$ 54	$ 66

Net Unrealized Gains and Losses

Net Unrealized Gains and Losses on Available-for-Sale Investment Securities Reflected as Separate Component of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions		Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Components of Net Unrealized Investment Gains Losses Included in Accumulated Other Comprehensive Income Loss [Line Items]
Adjustments to deferred acquisition costs, present value of future profits, sales inducements and benefit reserves		$ (2,045)		$ (1,070)
Income taxes, net		(1,595)		(711)
Net unrealized investment gains (losses) including noncontrolling interests		2,979		1,349
Less: net unrealized investment gains (losses) attributable to noncontrolling interests		119		95
Net unrealized investment gains (losses)	[1]	2,860	$ 2,789	1,254	$ 1,731	$ 1,628	$ 2,453
Net Unrealized Gains (Losses) On Investment Securities
Components of Net Unrealized Investment Gains Losses Included in Accumulated Other Comprehensive Income Loss [Line Items]
Fixed maturity securities		6,621		3,140
Equity securities		(2)		(10)
Subtotal		$ 6,619		$ 3,130
[1]	Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.

Change in Net Unrealized Gains

Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities Reported in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Investments [Abstract]
Net unrealized investment gains (losses), beginning of period	[1]	$ 2,789	$ 1,628	$ 1,254	$ 2,453
Unrealized gains (losses) on investment securities		228	70	3,584	(1,393)
Adjustment to deferred acquisition costs		(17)	32	(291)	102
Adjustment to present value of future profits		3	(5)	(26)	45
Adjustment to sales inducements		(6)	9	(46)	12
Adjustment to benefit reserves		(81)	23	(612)	111
Provision for income taxes		(41)	(50)	(917)	396
Change in unrealized gains (losses) on investment securities	[1]	86	79	1,692	(727)
Reclassification adjustments to net investment (gains) losses, net of taxes	[1]	(9)	8	(62)	(1)
Change in net unrealized investment gains (losses)	[1]	77	87	1,630	(728)
Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests	[1]	6	(16)	24	(6)
Net unrealized investment gains (losses), end of period	[1]	$ 2,860	$ 1,731	$ 2,860	$ 1,731
[1]	Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.

Change in Net Unrealized Gain46

Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities Reported in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Components of Net Unrealized Investment Gains Losses Included in Accumulated Other Comprehensive Income Loss [Line Items]
Reclassification adjustments to net investment (gains) losses, taxes	$ 4	$ (5)	$ 33	$ 0

Amortized Cost or Cost, Gross U

Amortized Cost or Cost, Gross Unrealized Gains (Losses) and Fair Value of Fixed Maturity and Equity Securities Classified as Available-for-Sale (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	$ 57,251	$ 55,161
Fair value, fixed maturity securities	63,780	58,197
Amortized cost or cost, equity securities	599	325
Fair value, equity securities	590	310
Amortized cost or cost, total	57,850	55,486
Fair value, total	64,370	58,507
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	5,416	5,487
Fair value, fixed maturity securities	6,703	6,203
Fixed maturity securities | State and Political Subdivisions
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,491	2,287
Fair value, fixed maturity securities	2,824	2,438
Fixed maturity securities | Non-U.S. government
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,052	1,910
Fair value, fixed maturity securities	2,227	2,015
Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	24,559	22,994
Fair value, fixed maturity securities	27,695	24,401
Fixed maturity securities | U.S. corporate | Utilities
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	4,073	3,355
Fair value, fixed maturity securities	4,749	3,693
Fixed maturity securities | U.S. corporate | Energy
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,124	2,560
Fair value, fixed maturity securities	2,279	2,501
Fixed maturity securities | U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	5,711	5,268
Fair value, fixed maturity securities	6,340	5,632
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	4,190	3,755
Fair value, fixed maturity securities	4,878	4,096
Fixed maturity securities | U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,486	2,108
Fair value, fixed maturity securities	2,726	2,193
Fixed maturity securities | U.S. corporate | Industrial
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,181	1,164
Fair value, fixed maturity securities	1,291	1,173
Fixed maturity securities | U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,876	1,774
Fair value, fixed maturity securities	2,195	1,950
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,506	1,602
Fair value, fixed maturity securities	1,660	1,675
Fixed maturity securities | U.S. corporate | Transportation
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,077	1,023
Fair value, fixed maturity securities	1,215	1,086
Fixed maturity securities | U.S. corporate | Other
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	335	385
Fair value, fixed maturity securities	362	402
Fixed maturity securities | Non-U.S. corporate
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	12,008	11,886
Fair value, fixed maturity securities	13,008	12,199
Fixed maturity securities | Non-U.S. corporate | Utilities
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	899	815
Fair value, fixed maturity securities	961	843
Fixed maturity securities | Non-U.S. corporate | Energy
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,281	1,700
Fair value, fixed maturity securities	1,395	1,686
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,458	2,327
Fair value, fixed maturity securities	2,658	2,473
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	768	746
Fair value, fixed maturity securities	822	752
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	968	978
Fair value, fixed maturity securities	1,047	988
Fixed maturity securities | Non-U.S. corporate | Industrial
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	955	1,063
Fair value, fixed maturity securities	1,018	986
Fixed maturity securities | Non-U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	545	602
Fair value, fixed maturity securities	580	604
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	490	522
Fair value, fixed maturity securities	505	526
Fixed maturity securities | Non-U.S. corporate | Transportation
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	605	559
Fair value, fixed maturity securities	683	605
Fixed maturity securities | Non-U.S. corporate | Other
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	3,039	2,574
Fair value, fixed maturity securities	3,339	2,736
Fixed maturity securities | Residential mortgage-backed
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	4,418	4,777
Fair value, fixed maturity securities	4,823	5,101
Fixed maturity securities | Commercial mortgage-backed
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,983	2,492
Fair value, fixed maturity securities	3,173	2,559
Fixed maturity securities | Other asset-backed
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	3,324	3,328
Fair value, fixed maturity securities	3,327	3,281
Not other-than-temporary impairments
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	6,626	3,832
Gross unrealized losses, fixed maturity securities	(134)	(828)
Gross unrealized gains, equity securities	26	8
Gross unrealized losses, equity securities	(35)	(23)
Gross unrealized gains	6,652	3,840
Gross unrealized losses	(169)	(851)
Not other-than-temporary impairments | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	1,288	732
Gross unrealized losses, fixed maturity securities	(1)	(16)
Not other-than-temporary impairments | Fixed maturity securities | State and Political Subdivisions
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	350	181
Gross unrealized losses, fixed maturity securities	(17)	(30)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. government
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	175	110
Gross unrealized losses, fixed maturity securities	0	(5)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	3,163	1,786
Gross unrealized losses, fixed maturity securities	(50)	(394)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Utilities
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	678	364
Gross unrealized losses, fixed maturity securities	(2)	(26)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Energy
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	177	103
Gross unrealized losses, fixed maturity securities	(22)	(162)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	615	392
Gross unrealized losses, fixed maturity securities	(9)	(43)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	689	371
Gross unrealized losses, fixed maturity securities	(1)	(30)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	248	123
Gross unrealized losses, fixed maturity securities	(8)	(38)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Industrial
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	114	53
Gross unrealized losses, fixed maturity securities	(4)	(44)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	319	188
Gross unrealized losses, fixed maturity securities	0	(12)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	158	95
Gross unrealized losses, fixed maturity securities	(4)	(22)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Transportation
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	138	75
Gross unrealized losses, fixed maturity securities	0	(12)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Other
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	27	22
Gross unrealized losses, fixed maturity securities	0	(5)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	1,034	598
Gross unrealized losses, fixed maturity securities	(34)	(287)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Utilities
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	64	37
Gross unrealized losses, fixed maturity securities	(2)	(9)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Energy
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	129	64
Gross unrealized losses, fixed maturity securities	(15)	(78)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	201	152
Gross unrealized losses, fixed maturity securities	(1)	(8)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	55	24
Gross unrealized losses, fixed maturity securities	(1)	(18)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	80	36
Gross unrealized losses, fixed maturity securities	(1)	(26)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Industrial
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	68	19
Gross unrealized losses, fixed maturity securities	(5)	(96)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	36	19
Gross unrealized losses, fixed maturity securities	(1)	(17)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	15	8
Gross unrealized losses, fixed maturity securities	0	(4)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Transportation
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	81	52
Gross unrealized losses, fixed maturity securities	(3)	(6)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Other
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	305	187
Gross unrealized losses, fixed maturity securities	(5)	(25)
Not other-than-temporary impairments | Fixed maturity securities | Residential mortgage-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	396	330
Gross unrealized losses, fixed maturity securities	(2)	(17)
Not other-than-temporary impairments | Fixed maturity securities | Commercial mortgage-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	192	84
Gross unrealized losses, fixed maturity securities	(4)	(20)
Not other-than-temporary impairments | Fixed maturity securities | Other asset-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	28	11
Gross unrealized losses, fixed maturity securities	(26)	(59)
Other-than-temporary impairments
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	37	32
Gross unrealized losses, fixed maturity securities	0	0
Gross unrealized gains, equity securities	0	0
Gross unrealized losses, equity securities	0	0
Gross unrealized gains	37	32
Gross unrealized losses	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | State and Political Subdivisions
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. government
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	23	15
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Utilities
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Energy
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	23	15
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Industrial
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Transportation
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Other
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	2
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Utilities
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Energy
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	2
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Industrial
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Transportation
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Other
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	0	0
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Residential mortgage-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	11	11
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Commercial mortgage-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	2	3
Gross unrealized losses, fixed maturity securities	0	0
Other-than-temporary impairments | Fixed maturity securities | Other asset-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities	1	1
Gross unrealized losses, fixed maturity securities	$ 0	$ 0

Gross Unrealized Losses and Fai

Gross Unrealized Losses and Fair Value of Investment Securities (Detail) $ in Millions	Sep. 30, 2016USD ($)Securities	Dec. 31, 2015USD ($)Securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 2,289	$ 14,198
Less than 12 months, Gross unrealized losses	$ (39)	$ (612)
Less than 12 months, Number of securities in a continuous loss position | Securities	505	1,996
12 months or more, Fair value	$ 1,813	$ 1,593
12 months or more, Gross unrealized losses	$ (130)	$ (239)
12 months or more, Number of securities in a continuous loss position | Securities	327	293
Fair value	$ 4,102	$ 15,791
Gross unrealized losses	$ (169)	$ (851)
Number of securities in a continuous loss position | Securities	832	2,289
Investment grade
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 2,098	$ 13,342
Less than 12 months, Gross unrealized losses	$ (25)	$ (524)
Less than 12 months, Number of securities in a continuous loss position | Securities	297	1,834
12 months or more, Fair value	$ 1,351	$ 1,245
12 months or more, Gross unrealized losses	$ (100)	$ (135)
12 months or more, Number of securities in a continuous loss position | Securities	245	225
Fair value	$ 3,449	$ 14,587
Gross unrealized losses	$ (125)	$ (659)
Number of securities in a continuous loss position | Securities	542	2,059
Below investment grade
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 191	$ 856
Less than 12 months, Gross unrealized losses	$ (14)	$ (88)
Less than 12 months, Number of securities in a continuous loss position | Securities	208	162
12 months or more, Fair value	$ 462	$ 348
12 months or more, Gross unrealized losses	$ (30)	$ (104)
12 months or more, Number of securities in a continuous loss position | Securities	82	68
Fair value	$ 653	$ 1,204
Gross unrealized losses	$ (44)	$ (192)
Number of securities in a continuous loss position | Securities	290	230
Fixed maturity securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 2,195	$ 14,045
Less than 12 months, Gross unrealized losses	$ (34)	$ (589)
Less than 12 months, Number of securities in a continuous loss position | Securities	314	1,932
12 months or more, Fair value	$ 1,690	$ 1,593
12 months or more, Gross unrealized losses	$ (100)	$ (239)
12 months or more, Number of securities in a continuous loss position | Securities	280	293
Fair value	$ 3,885	$ 15,638
Gross unrealized losses	$ (134)	$ (828)
Number of securities in a continuous loss position | Securities	594	2,225
Fixed maturity securities | Less Than 20 Percent Below Cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 2,195	$ 13,726
Less than 12 months, Gross unrealized losses	$ (34)	$ (472)
Less than 12 months, Number of securities in a continuous loss position | Securities	314	1,877
12 months or more, Fair value	$ 1,604	$ 1,259
12 months or more, Gross unrealized losses	$ (69)	$ (78)
12 months or more, Number of securities in a continuous loss position | Securities	270	238
Fair value	$ 3,799	$ 14,985
Gross unrealized losses	$ (103)	$ (550)
Number of securities in a continuous loss position | Securities	584	2,115
Fixed maturity securities | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 0	$ 319
Less than 12 months, Gross unrealized losses	$ 0	$ (116)
Less than 12 months, Number of securities in a continuous loss position | Securities	0	54
12 months or more, Fair value	$ 86	$ 316
12 months or more, Gross unrealized losses	$ (31)	$ (139)
12 months or more, Number of securities in a continuous loss position | Securities	10	50
Fair value	$ 86	$ 635
Gross unrealized losses	$ (31)	$ (255)
Number of securities in a continuous loss position | Securities	10	104
Fixed maturity securities | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value		$ 0
Less than 12 months, Gross unrealized losses		$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities		1
12 months or more, Fair value		$ 18
12 months or more, Gross unrealized losses		$ (22)
12 months or more, Number of securities in a continuous loss position | Securities		5
Fair value		$ 18
Gross unrealized losses		$ (23)
Number of securities in a continuous loss position | Securities		6
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 300	$ 883
Less than 12 months, Gross unrealized losses	$ (1)	$ (16)
Less than 12 months, Number of securities in a continuous loss position | Securities	6	32
12 months or more, Fair value	$ 0	$ 0
12 months or more, Gross unrealized losses	$ 0	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0	0
Fair value	$ 300	$ 883
Gross unrealized losses	$ (1)	$ (16)
Number of securities in a continuous loss position | Securities	6	32
Fixed maturity securities | State and Political Subdivisions
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 92	$ 464
Less than 12 months, Gross unrealized losses	$ (1)	$ (15)
Less than 12 months, Number of securities in a continuous loss position | Securities	14	81
12 months or more, Fair value	$ 143	$ 163
12 months or more, Gross unrealized losses	$ (16)	$ (15)
12 months or more, Number of securities in a continuous loss position | Securities	12	17
Fair value	$ 235	$ 627
Gross unrealized losses	$ (17)	$ (30)
Number of securities in a continuous loss position | Securities	26	98
Fixed maturity securities | U.S. corporate
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 808	$ 5,836
Less than 12 months, Gross unrealized losses	$ (18)	$ (332)
Less than 12 months, Number of securities in a continuous loss position | Securities	120	817
12 months or more, Fair value	$ 693	$ 466
12 months or more, Gross unrealized losses	$ (32)	$ (62)
12 months or more, Number of securities in a continuous loss position | Securities	104	83
Fair value	$ 1,501	$ 6,302
Gross unrealized losses	$ (50)	$ (394)
Number of securities in a continuous loss position | Securities	224	900
Fixed maturity securities | U.S. corporate | Energy
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 112	$ 1,162
Less than 12 months, Gross unrealized losses	$ (7)	$ (134)
Less than 12 months, Number of securities in a continuous loss position | Securities	13	163
12 months or more, Fair value	$ 290	$ 131
12 months or more, Gross unrealized losses	$ (15)	$ (28)
12 months or more, Number of securities in a continuous loss position | Securities	46	22
Fair value	$ 402	$ 1,293
Gross unrealized losses	$ (22)	$ (162)
Number of securities in a continuous loss position | Securities	59	185
Fixed maturity securities | U.S. corporate | Finance and insurance
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 227	$ 1,142
Less than 12 months, Gross unrealized losses	$ (3)	$ (35)
Less than 12 months, Number of securities in a continuous loss position | Securities	32	160
12 months or more, Fair value	$ 108	$ 94
12 months or more, Gross unrealized losses	$ (6)	$ (8)
12 months or more, Number of securities in a continuous loss position | Securities	16	15
Fair value	$ 335	$ 1,236
Gross unrealized losses	$ (9)	$ (43)
Number of securities in a continuous loss position | Securities	48	175
Fixed maturity securities | Non-U.S. corporate
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 261	$ 3,016
Less than 12 months, Gross unrealized losses	$ (6)	$ (170)
Less than 12 months, Number of securities in a continuous loss position | Securities	48	400
12 months or more, Fair value	$ 414	$ 486
12 months or more, Gross unrealized losses	$ (28)	$ (117)
12 months or more, Number of securities in a continuous loss position | Securities	56	87
Fair value	$ 675	$ 3,502
Gross unrealized losses	$ (34)	$ (287)
Number of securities in a continuous loss position | Securities	104	487
Fixed maturity securities | Non-U.S. corporate | Energy
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 72	$ 589
Less than 12 months, Gross unrealized losses	$ (1)	$ (48)
Less than 12 months, Number of securities in a continuous loss position | Securities	11	71
12 months or more, Fair value	$ 122	$ 127
12 months or more, Gross unrealized losses	$ (14)	$ (30)
12 months or more, Number of securities in a continuous loss position | Securities	22	20
Fair value	$ 194	$ 716
Gross unrealized losses	$ (15)	$ (78)
Number of securities in a continuous loss position | Securities	33	91
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 72	$ 478
Less than 12 months, Gross unrealized losses	$ (1)	$ (7)
Less than 12 months, Number of securities in a continuous loss position | Securities	15	77
12 months or more, Fair value	$ 0	$ 30
12 months or more, Gross unrealized losses	$ 0	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	0	8
Fair value	$ 72	$ 508
Gross unrealized losses	$ (1)	$ (8)
Number of securities in a continuous loss position | Securities	15	85
Fixed maturity securities | Residential mortgage-backed
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 67	$ 756
Less than 12 months, Gross unrealized losses	$ (1)	$ (10)
Less than 12 months, Number of securities in a continuous loss position | Securities	22	88
12 months or more, Fair value	$ 57	$ 103
12 months or more, Gross unrealized losses	$ (1)	$ (7)
12 months or more, Number of securities in a continuous loss position | Securities	30	38
Fair value	$ 124	$ 859
Gross unrealized losses	$ (2)	$ (17)
Number of securities in a continuous loss position | Securities	52	126
Fixed maturity securities | Commercial mortgage-backed
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 234	$ 780
Less than 12 months, Gross unrealized losses	$ (3)	$ (19)
Less than 12 months, Number of securities in a continuous loss position | Securities	34	116
12 months or more, Fair value	$ 27	$ 39
12 months or more, Gross unrealized losses	$ (1)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	10	13
Fair value	$ 261	$ 819
Gross unrealized losses	$ (4)	$ (20)
Number of securities in a continuous loss position | Securities	44	129
Fixed maturity securities | Other asset-backed
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 433	$ 1,944
Less than 12 months, Gross unrealized losses	$ (4)	$ (22)
Less than 12 months, Number of securities in a continuous loss position | Securities	70	349
12 months or more, Fair value	$ 356	$ 336
12 months or more, Gross unrealized losses	$ (22)	$ (37)
12 months or more, Number of securities in a continuous loss position | Securities	68	55
Fair value	$ 789	$ 2,280
Gross unrealized losses	$ (26)	$ (59)
Number of securities in a continuous loss position | Securities	138	404
Fixed maturity securities | Non-U.S. government
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value		$ 366
Less than 12 months, Gross unrealized losses		$ (5)
Less than 12 months, Number of securities in a continuous loss position | Securities		49
12 months or more, Fair value		$ 0
12 months or more, Gross unrealized losses		$ 0
12 months or more, Number of securities in a continuous loss position | Securities		0
Fair value		$ 366
Gross unrealized losses		$ (5)
Number of securities in a continuous loss position | Securities		49
Fixed maturity securities | Investment grade | Less Than 20 Percent Below Cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	65.00%
Fixed maturity securities | Investment grade | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 77
12 months or more, Gross unrealized losses	$ (27)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	16.00%
12 months or more, Number of securities in a continuous loss position | Securities	7
Fixed maturity securities | Investment grade | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Fixed maturity securities | Investment grade | State and Political Subdivisions | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 9
12 months or more, Gross unrealized losses	$ (3)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	2.00%
12 months or more, Number of securities in a continuous loss position | Securities	1
Fixed maturity securities | Investment grade | State and Political Subdivisions | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Fixed maturity securities | Investment grade | U.S. corporate | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 25
12 months or more, Gross unrealized losses	$ (7)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	4.00%
12 months or more, Number of securities in a continuous loss position | Securities	2
Fixed maturity securities | Investment grade | U.S. corporate | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Fixed maturity securities | Investment grade | U.S. corporate | Energy | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 13
12 months or more, Gross unrealized losses	$ (4)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	2.00%
12 months or more, Number of securities in a continuous loss position | Securities	1
Fixed maturity securities | Investment grade | U.S. corporate | Energy | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Fixed maturity securities | Investment grade | U.S. corporate | Finance and insurance | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 12
12 months or more, Gross unrealized losses	$ (3)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	2.00%
12 months or more, Number of securities in a continuous loss position | Securities	1
Fixed maturity securities | Investment grade | U.S. corporate | Finance and insurance | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Fixed maturity securities | Below investment grade | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 9
12 months or more, Gross unrealized losses	$ (4)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	3.00%
12 months or more, Number of securities in a continuous loss position | Securities	3
Fixed maturity securities | Below investment grade | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Fixed maturity securities | Below investment grade | U.S. corporate | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 4
12 months or more, Gross unrealized losses	$ (2)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	1.00%
12 months or more, Number of securities in a continuous loss position | Securities	1
Fixed maturity securities | Below investment grade | U.S. corporate | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Fixed maturity securities | Below investment grade | U.S. corporate | Energy | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 4
12 months or more, Gross unrealized losses	$ (2)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	1.00%
12 months or more, Number of securities in a continuous loss position | Securities	1
Fixed maturity securities | Below investment grade | U.S. corporate | Energy | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Fixed maturity securities | Below investment grade | Non-U.S. corporate | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 3
12 months or more, Gross unrealized losses	$ (1)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	1.00%
12 months or more, Number of securities in a continuous loss position | Securities	1
Fixed maturity securities | Below investment grade | Non-U.S. corporate | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Fixed maturity securities | Below investment grade | Non-U.S. corporate | Energy | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 3
12 months or more, Gross unrealized losses	$ (1)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	1.00%
12 months or more, Number of securities in a continuous loss position | Securities	1
Fixed maturity securities | Below investment grade | Non-U.S. corporate | Energy | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Equity Securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 94	$ 153
Less than 12 months, Gross unrealized losses	$ (5)	$ (23)
Less than 12 months, Number of securities in a continuous loss position | Securities	191	64
12 months or more, Fair value	$ 123	$ 0
12 months or more, Gross unrealized losses	$ (30)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	47	0
Fair value	$ 217	$ 153
Gross unrealized losses	$ (35)	$ (23)
Number of securities in a continuous loss position | Securities	238	64
Equity Securities | Less Than 20 Percent Below Cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 93	$ 133
Less than 12 months, Gross unrealized losses	$ (4)	$ (18)
Less than 12 months, Number of securities in a continuous loss position | Securities	181	56
12 months or more, Fair value	$ 55	$ 0
12 months or more, Gross unrealized losses	$ (10)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	22	0
Fair value	$ 148	$ 133
Gross unrealized losses	$ (14)	$ (18)
Number of securities in a continuous loss position | Securities	203	56
Equity Securities | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, Fair value	$ 1	$ 20
Less than 12 months, Gross unrealized losses	$ (1)	$ (5)
Less than 12 months, Number of securities in a continuous loss position | Securities	10	8
12 months or more, Fair value	$ 68	$ 0
12 months or more, Gross unrealized losses	$ (20)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	25	0
Fair value	$ 69	$ 20
Gross unrealized losses	$ (21)	$ (5)
Number of securities in a continuous loss position | Securities	35	8
Structured Securities | Investment grade | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 43
12 months or more, Gross unrealized losses	$ (17)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	10.00%
12 months or more, Number of securities in a continuous loss position | Securities	4
Structured Securities | Investment grade | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Structured Securities | Investment grade | Other asset-backed | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 43
12 months or more, Gross unrealized losses	$ (17)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	10.00%
12 months or more, Number of securities in a continuous loss position | Securities	4
Structured Securities | Investment grade | Other asset-backed | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Structured Securities | Below investment grade | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 2
12 months or more, Gross unrealized losses	$ (1)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	1.00%
12 months or more, Number of securities in a continuous loss position | Securities	1
Structured Securities | Below investment grade | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0
Structured Securities | Below investment grade | Other asset-backed | 20 To 50 percent below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 2
12 months or more, Gross unrealized losses	$ (1)
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	1.00%
12 months or more, Number of securities in a continuous loss position | Securities	1
Structured Securities | Below investment grade | Other asset-backed | Greater than 50% below cost
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Percentage of total gross unrealized losses for securities in a continuous loss position	0.00%
12 months or more, Number of securities in a continuous loss position | Securities	0

Gross Unrealized Losses and F49

Gross Unrealized Losses and Fair Value of Corporate Securities Based on Industries (Detail) $ in Millions	Sep. 30, 2016USD ($)Securities	Dec. 31, 2015USD ($)Securities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 2,289	$ 14,198
Less than 12 months, Gross unrealized losses	$ (39)	$ (612)
Less than 12 months, Number of securities in a continuous loss position | Securities	505	1,996
12 months or more, Fair value	$ 1,813	$ 1,593
12 months or more, Gross unrealized losses	$ (130)	$ (239)
12 months or more, Number of securities in a continuous loss position | Securities	327	293
Fair value	$ 4,102	$ 15,791
Gross unrealized losses	$ (169)	$ (851)
Number of securities in a continuous loss position | Securities	832	2,289
Fixed maturity securities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 2,195	$ 14,045
Less than 12 months, Gross unrealized losses	$ (34)	$ (589)
Less than 12 months, Number of securities in a continuous loss position | Securities	314	1,932
12 months or more, Fair value	$ 1,690	$ 1,593
12 months or more, Gross unrealized losses	$ (100)	$ (239)
12 months or more, Number of securities in a continuous loss position | Securities	280	293
Fair value	$ 3,885	$ 15,638
Gross unrealized losses	$ (134)	$ (828)
Number of securities in a continuous loss position | Securities	594	2,225
Fixed maturity securities | U.S. corporate
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 808	$ 5,836
Less than 12 months, Gross unrealized losses	$ (18)	$ (332)
Less than 12 months, Number of securities in a continuous loss position | Securities	120	817
12 months or more, Fair value	$ 693	$ 466
12 months or more, Gross unrealized losses	$ (32)	$ (62)
12 months or more, Number of securities in a continuous loss position | Securities	104	83
Fair value	$ 1,501	$ 6,302
Gross unrealized losses	$ (50)	$ (394)
Number of securities in a continuous loss position | Securities	224	900
Fixed maturity securities | U.S. corporate | Utilities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 113	$ 485
Less than 12 months, Gross unrealized losses	$ (1)	$ (25)
Less than 12 months, Number of securities in a continuous loss position | Securities	22	74
12 months or more, Fair value	$ 23	$ 14
12 months or more, Gross unrealized losses	$ (1)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	4	7
Fair value	$ 136	$ 499
Gross unrealized losses	$ (2)	$ (26)
Number of securities in a continuous loss position | Securities	26	81
Fixed maturity securities | U.S. corporate | Energy
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 112	$ 1,162
Less than 12 months, Gross unrealized losses	$ (7)	$ (134)
Less than 12 months, Number of securities in a continuous loss position | Securities	13	163
12 months or more, Fair value	$ 290	$ 131
12 months or more, Gross unrealized losses	$ (15)	$ (28)
12 months or more, Number of securities in a continuous loss position | Securities	46	22
Fair value	$ 402	$ 1,293
Gross unrealized losses	$ (22)	$ (162)
Number of securities in a continuous loss position | Securities	59	185
Fixed maturity securities | U.S. corporate | Finance and insurance
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 227	$ 1,142
Less than 12 months, Gross unrealized losses	$ (3)	$ (35)
Less than 12 months, Number of securities in a continuous loss position | Securities	32	160
12 months or more, Fair value	$ 108	$ 94
12 months or more, Gross unrealized losses	$ (6)	$ (8)
12 months or more, Number of securities in a continuous loss position | Securities	16	15
Fair value	$ 335	$ 1,236
Gross unrealized losses	$ (9)	$ (43)
Number of securities in a continuous loss position | Securities	48	175
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 108	$ 836
Less than 12 months, Gross unrealized losses	$ (1)	$ (26)
Less than 12 months, Number of securities in a continuous loss position | Securities	15	107
12 months or more, Fair value	$ 0	$ 51
12 months or more, Gross unrealized losses	$ 0	$ (4)
12 months or more, Number of securities in a continuous loss position | Securities	0	10
Fair value	$ 108	$ 887
Gross unrealized losses	$ (1)	$ (30)
Number of securities in a continuous loss position | Securities	15	117
Fixed maturity securities | U.S. corporate | Technology and communications
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 101	$ 658
Less than 12 months, Gross unrealized losses	$ (2)	$ (36)
Less than 12 months, Number of securities in a continuous loss position | Securities	15	95
12 months or more, Fair value	$ 138	$ 23
12 months or more, Gross unrealized losses	$ (6)	$ (2)
12 months or more, Number of securities in a continuous loss position | Securities	19	5
Fair value	$ 239	$ 681
Gross unrealized losses	$ (8)	$ (38)
Number of securities in a continuous loss position | Securities	34	100
Fixed maturity securities | U.S. corporate | Industrial
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 34	$ 476
Less than 12 months, Gross unrealized losses	$ (1)	$ (33)
Less than 12 months, Number of securities in a continuous loss position | Securities	6	64
12 months or more, Fair value	$ 108	$ 44
12 months or more, Gross unrealized losses	$ (3)	$ (11)
12 months or more, Number of securities in a continuous loss position | Securities	13	9
Fair value	$ 142	$ 520
Gross unrealized losses	$ (4)	$ (44)
Number of securities in a continuous loss position | Securities	19	73
Fixed maturity securities | U.S. corporate | Capital goods
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value		$ 293
Less than 12 months, Gross unrealized losses		$ (10)
Less than 12 months, Number of securities in a continuous loss position | Securities		48
12 months or more, Fair value		$ 26
12 months or more, Gross unrealized losses		$ (2)
12 months or more, Number of securities in a continuous loss position | Securities		4
Fair value		$ 319
Gross unrealized losses		$ (12)
Number of securities in a continuous loss position | Securities		52
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 113	$ 427
Less than 12 months, Gross unrealized losses	$ (3)	$ (18)
Less than 12 months, Number of securities in a continuous loss position | Securities	17	60
12 months or more, Fair value	$ 26	$ 63
12 months or more, Gross unrealized losses	$ (1)	$ (4)
12 months or more, Number of securities in a continuous loss position | Securities	6	10
Fair value	$ 139	$ 490
Gross unrealized losses	$ (4)	$ (22)
Number of securities in a continuous loss position | Securities	23	70
Fixed maturity securities | U.S. corporate | Transportation
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value		$ 273
Less than 12 months, Gross unrealized losses		$ (10)
Less than 12 months, Number of securities in a continuous loss position | Securities		38
12 months or more, Fair value		$ 20
12 months or more, Gross unrealized losses		$ (2)
12 months or more, Number of securities in a continuous loss position | Securities		1
Fair value		$ 293
Gross unrealized losses		$ (12)
Number of securities in a continuous loss position | Securities		39
Fixed maturity securities | U.S. corporate | Other
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value		$ 84
Less than 12 months, Gross unrealized losses		$ (5)
Less than 12 months, Number of securities in a continuous loss position | Securities		8
12 months or more, Fair value		$ 0
12 months or more, Gross unrealized losses		$ 0
12 months or more, Number of securities in a continuous loss position | Securities		0
Fair value		$ 84
Gross unrealized losses		$ (5)
Number of securities in a continuous loss position | Securities		8
Fixed maturity securities | Non-U.S. corporate
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 261	$ 3,016
Less than 12 months, Gross unrealized losses	$ (6)	$ (170)
Less than 12 months, Number of securities in a continuous loss position | Securities	48	400
12 months or more, Fair value	$ 414	$ 486
12 months or more, Gross unrealized losses	$ (28)	$ (117)
12 months or more, Number of securities in a continuous loss position | Securities	56	87
Fair value	$ 675	$ 3,502
Gross unrealized losses	$ (34)	$ (287)
Number of securities in a continuous loss position | Securities	104	487
Fixed maturity securities | Non-U.S. corporate | Utilities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 16	$ 130
Less than 12 months, Gross unrealized losses	$ (1)	$ (6)
Less than 12 months, Number of securities in a continuous loss position | Securities	2	20
12 months or more, Fair value	$ 14	$ 32
12 months or more, Gross unrealized losses	$ (1)	$ (3)
12 months or more, Number of securities in a continuous loss position | Securities	1	6
Fair value	$ 30	$ 162
Gross unrealized losses	$ (2)	$ (9)
Number of securities in a continuous loss position | Securities	3	26
Fixed maturity securities | Non-U.S. corporate | Energy
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 72	$ 589
Less than 12 months, Gross unrealized losses	$ (1)	$ (48)
Less than 12 months, Number of securities in a continuous loss position | Securities	11	71
12 months or more, Fair value	$ 122	$ 127
12 months or more, Gross unrealized losses	$ (14)	$ (30)
12 months or more, Number of securities in a continuous loss position | Securities	22	20
Fair value	$ 194	$ 716
Gross unrealized losses	$ (15)	$ (78)
Number of securities in a continuous loss position | Securities	33	91
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 72	$ 478
Less than 12 months, Gross unrealized losses	$ (1)	$ (7)
Less than 12 months, Number of securities in a continuous loss position | Securities	15	77
12 months or more, Fair value	$ 0	$ 30
12 months or more, Gross unrealized losses	$ 0	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	0	8
Fair value	$ 72	$ 508
Gross unrealized losses	$ (1)	$ (8)
Number of securities in a continuous loss position | Securities	15	85
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 49	$ 261
Less than 12 months, Gross unrealized losses	$ (1)	$ (14)
Less than 12 months, Number of securities in a continuous loss position | Securities	5	27
12 months or more, Fair value	$ 0	$ 37
12 months or more, Gross unrealized losses	$ 0	$ (4)
12 months or more, Number of securities in a continuous loss position | Securities	0	4
Fair value	$ 49	$ 298
Gross unrealized losses	$ (1)	$ (18)
Number of securities in a continuous loss position | Securities	5	31
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 0	$ 324
Less than 12 months, Gross unrealized losses	$ 0	$ (15)
Less than 12 months, Number of securities in a continuous loss position | Securities	0	37
12 months or more, Fair value	$ 28	$ 33
12 months or more, Gross unrealized losses	$ (1)	$ (11)
12 months or more, Number of securities in a continuous loss position | Securities	3	9
Fair value	$ 28	$ 357
Gross unrealized losses	$ (1)	$ (26)
Number of securities in a continuous loss position | Securities	3	46
Fixed maturity securities | Non-U.S. corporate | Industrial
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 26	$ 495
Less than 12 months, Gross unrealized losses	$ (1)	$ (54)
Less than 12 months, Number of securities in a continuous loss position | Securities	6	67
12 months or more, Fair value	$ 103	$ 110
12 months or more, Gross unrealized losses	$ (4)	$ (42)
12 months or more, Number of securities in a continuous loss position | Securities	15	18
Fair value	$ 129	$ 605
Gross unrealized losses	$ (5)	$ (96)
Number of securities in a continuous loss position | Securities	21	85
Fixed maturity securities | Non-U.S. corporate | Capital goods
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 0	$ 154
Less than 12 months, Gross unrealized losses	$ 0	$ (8)
Less than 12 months, Number of securities in a continuous loss position | Securities	0	22
12 months or more, Fair value	$ 34	$ 41
12 months or more, Gross unrealized losses	$ (1)	$ (9)
12 months or more, Number of securities in a continuous loss position | Securities	3	9
Fair value	$ 34	$ 195
Gross unrealized losses	$ (1)	$ (17)
Number of securities in a continuous loss position | Securities	3	31
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value		$ 155
Less than 12 months, Gross unrealized losses		$ (4)
Less than 12 months, Number of securities in a continuous loss position | Securities		20
12 months or more, Fair value		$ 0
12 months or more, Gross unrealized losses		$ 0
12 months or more, Number of securities in a continuous loss position | Securities		0
Fair value		$ 155
Gross unrealized losses		$ (4)
Number of securities in a continuous loss position | Securities		20
Fixed maturity securities | Non-U.S. corporate | Transportation
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 0	$ 147
Less than 12 months, Gross unrealized losses	$ 0	$ (6)
Less than 12 months, Number of securities in a continuous loss position | Securities	0	17
12 months or more, Fair value	$ 49	$ 0
12 months or more, Gross unrealized losses	$ (3)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	4	0
Fair value	$ 49	$ 147
Gross unrealized losses	$ (3)	$ (6)
Number of securities in a continuous loss position | Securities	4	17
Fixed maturity securities | Non-U.S. corporate | Other
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 26	$ 283
Less than 12 months, Gross unrealized losses	$ (1)	$ (8)
Less than 12 months, Number of securities in a continuous loss position | Securities	9	42
12 months or more, Fair value	$ 64	$ 76
12 months or more, Gross unrealized losses	$ (4)	$ (17)
12 months or more, Number of securities in a continuous loss position | Securities	8	13
Fair value	$ 90	$ 359
Gross unrealized losses	$ (5)	$ (25)
Number of securities in a continuous loss position | Securities	17	55
Fixed maturity securities | Corporate Debt Securities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 1,069	$ 8,852
Less than 12 months, Gross unrealized losses	$ (24)	$ (502)
Less than 12 months, Number of securities in a continuous loss position | Securities	168	1,217
12 months or more, Fair value	$ 1,107	$ 952
12 months or more, Gross unrealized losses	$ (60)	$ (179)
12 months or more, Number of securities in a continuous loss position | Securities	160	170
Fair value	$ 2,176	$ 9,804
Gross unrealized losses	$ (84)	$ (681)
Number of securities in a continuous loss position | Securities	328	1,387

Scheduled Maturity Distribution

Scheduled Maturity Distribution of Fixed Maturity Securities (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Amortized cost or cost
Due one year or less	$ 1,752
Due after one year through five years	10,704
Due after five years through ten years	12,300
Due after ten years	21,770
Subtotal	46,526
Amortized cost or cost, fixed maturity securities	57,251	$ 55,161
Fair value
Due one year or less	1,775
Due after one year through five years	11,309
Due after five years through ten years	13,129
Due after ten years	26,244
Subtotal	52,457
Fair value, fixed maturity securities	63,780	$ 58,197
Residential mortgage-backed
Amortized cost or cost
Fixed maturity securities	4,418
Fair value
Fixed maturity securities	4,823
Commercial mortgage-backed
Amortized cost or cost
Fixed maturity securities	2,983
Fair value
Fixed maturity securities	3,173
Other asset-backed
Amortized cost or cost
Fixed maturity securities	3,324
Fair value
Fixed maturity securities	$ 3,327

Distribution Across Property Ty

Distribution Across Property Type and Geographic Region for Commercial Mortgage Loans (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 6,032	$ 6,187
Unamortized balance of loan origination fees and costs	$ (2)	$ (2)
% of total	100.00%	100.00%
Allowance for losses	$ (13)	$ (15)
Total	6,017	6,170
Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	6,032	6,187
Unamortized balance of loan origination fees and costs	$ (2)	$ (2)
% of total	100.00%	100.00%
Allowance for losses	$ (13)	$ (15)
Total	6,017	6,170
Pacific | Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,563	$ 1,581
% of total	27.00%	26.00%
South Atlantic | Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,506	$ 1,574
% of total	25.00%	25.00%
Middle Atlantic | Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 886	$ 890
% of total	15.00%	14.00%
Mountain | Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 549	$ 585
% of total	9.00%	10.00%
West North Central | Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 443	$ 416
% of total	7.00%	7.00%
East North Central | Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 382	$ 386
% of total	6.00%	6.00%
West South Central | Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 305	$ 294
% of total	5.00%	5.00%
New England | Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 208	$ 268
% of total	3.00%	4.00%
East South Central | Commercial Mortgage Loan
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 190	$ 193
% of total	3.00%	3.00%
Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,099	$ 2,116
% of total	35.00%	34.00%
Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,544	$ 1,562
% of total	26.00%	25.00%
Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,421	$ 1,516
% of total	23.00%	24.00%
Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 449	$ 465
% of total	7.00%	8.00%
Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 232	$ 234
% of total	4.00%	4.00%
Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 287	$ 294
% of total	5.00%	5.00%

Aging of Past Due Commercial Mo

Aging of Past Due Commercial Mortgage Loans by Property Type (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 6,032	$ 6,187
% of total	100.00%	100.00%
Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,099	$ 2,116
% of total	35.00%	34.00%
Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,544	$ 1,562
% of total	26.00%	25.00%
Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,421	$ 1,516
% of total	23.00%	24.00%
Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 449	$ 465
% of total	7.00%	8.00%
Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 232	$ 234
% of total	4.00%	4.00%
Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 287	$ 294
% of total	5.00%	5.00%
31-60 days past due
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 0	$ 6
% of total	0.00%	0.00%
31-60 days past due | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 0	$ 0
31-60 days past due | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
31-60 days past due | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	6
31-60 days past due | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
31-60 days past due | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
31-60 days past due | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
61-90 days past due
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 0	$ 0
% of total	0.00%	0.00%
61-90 days past due | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 0	$ 0
61-90 days past due | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
61-90 days past due | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
61-90 days past due | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
61-90 days past due | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
61-90 days past due | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
Greater than 90 days past due
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 21	$ 5
% of total	0.00%	0.00%
Greater than 90 days past due | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 5	$ 0
Greater than 90 days past due | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	12	0
Greater than 90 days past due | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	4	5
Greater than 90 days past due | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
Greater than 90 days past due | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
Greater than 90 days past due | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
Total past due
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 21	$ 11
% of total	0.00%	0.00%
Total past due | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 5	$ 0
Total past due | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	12	0
Total past due | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	4	11
Total past due | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
Total past due | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
Total past due | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	0
Current
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 6,011	$ 6,176
% of total	100.00%	100.00%
Current | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,094	$ 2,116
Current | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	1,532	1,562
Current | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	1,417	1,505
Current | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	449	465
Current | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	232	234
Current | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 287	$ 294

Allowance for Credit Losses and

Allowance for Credit Losses and Recorded Investment in Commercial Mortgage Loans (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			$ 15
Ending balance	$ 13		13
Ending balance	6,032		6,032		$ 6,187
Allowance for Credit Losses
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	13	$ 18	15	$ 22
Charge-offs	0	(1)	(4)	(4)
Provision	0	0	2	(1)
Ending balance	13	17	13	17
Ending allowance for individually impaired loans	0	0	0	0
Ending allowance for loans not individually impaired that were evaluated collectively for impairment	13	17	13	17
Commercial Mortgage Loans Recorded Investment
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending balance	6,032	6,151	6,032	6,151
Ending balance of individually impaired loans	17	19	17	19
Ending balance of loans not individually impaired that were evaluated collectively for impairment	$ 6,015	$ 6,132	$ 6,015	$ 6,132

Loan-to-Value of Commercial Mor

Loan-to-Value of Commercial Mortgage Loans by Property Type (Detail) $ in Millions	9 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)		Dec. 31, 2015USD ($)
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 6,032		$ 6,187
% of total	100.00%		100.00%
Weighted-average debt service coverage ratio	1.87		1.79
Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,099		$ 2,116
% of total	35.00%		34.00%
Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,544		$ 1,562
% of total	26.00%		25.00%
Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,421		$ 1,516
% of total	23.00%		24.00%
Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 449		$ 465
% of total	7.00%		8.00%
Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 232		$ 234
% of total	4.00%		4.00%
Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 287		$ 294
% of total	5.00%		5.00%
Greater than 100%
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 12	[1]	$ 38	[2]
% of total	0.00%	[1]	1.00%	[2]
Weighted-average debt service coverage ratio	0.07	[1]	0.55	[2]
Greater than 100% | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 0	[1]	$ 11	[2]
Greater than 100% | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	2	[1]	5	[2]
Greater than 100% | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	10	[1]	19	[2]
Greater than 100% | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	[1]	0	[2]
Greater than 100% | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	[1]	3	[2]
Greater than 100% | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0	[1]	0	[2]
0% - 50%
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,137		$ 2,099
% of total	36.00%		34.00%
Weighted-average debt service coverage ratio	2.22		2.13
0% - 50% | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 763		$ 785
0% - 50% | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	631		515
0% - 50% | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	420		493
0% - 50% | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	194		196
0% - 50% | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	68		56
0% - 50% | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	61		54
51% - 60%
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,439		$ 1,405
% of total	24.00%		23.00%
Weighted-average debt service coverage ratio	1.87		1.82
51% - 60% | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 495		$ 417
51% - 60% | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	436		478
51% - 60% | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	315		341
51% - 60% | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	75		66
51% - 60% | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	88		48
51% - 60% | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	30		55
61% - 75%
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,355		$ 2,370
% of total	39.00%		38.00%
Weighted-average debt service coverage ratio	1.61		1.57
61% - 75% | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 812		$ 800
61% - 75% | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	451		499
61% - 75% | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	645		580
61% - 75% | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	175		182
61% - 75% | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	76		124
61% - 75% | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	196		185
76% - 100%
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 89		$ 275
% of total	1.00%		4.00%
Weighted-average debt service coverage ratio	0.91		1.12
76% - 100% | Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 29		$ 103
76% - 100% | Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	24		65
76% - 100% | Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	31		83
76% - 100% | Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	5		21
76% - 100% | Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	0		3
76% - 100% | Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 0		$ 0
[1]	Included $12 million of loans in good standing, where borrowers continued to make timely payments, with a total weighted-average loan-to-value of 112%.
[2]	Included $38 million of loans in good standing, where borrowers continued to make timely payments, with a total weighted-average loan-to-value of 123%.

Loan-to-Value of Commercial M55

Loan-to-Value of Commercial Mortgage Loans by Property Type (Parenthetical) (Detail) - USD ($) $ in Millions	9 Months Ended		12 Months Ended
	Sep. 30, 2016		Dec. 31, 2015
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 6,032		$ 6,187
Greater than 100%
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	12	[1]	38	[2]
Greater than 100% | Loans in Good Standing
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 12		$ 38
Weighted-average loan-to-value	112.00%		123.00%
[1]	Included $12 million of loans in good standing, where borrowers continued to make timely payments, with a total weighted-average loan-to-value of 112%.
[2]	Included $38 million of loans in good standing, where borrowers continued to make timely payments, with a total weighted-average loan-to-value of 123%.

Debt Service Coverage Ratio for

Debt Service Coverage Ratio for Fixed Rate Commercial Mortgage Loans by Property Type (Detail) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 6,032	$ 6,187
% of total	100.00%	100.00%
Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 6,032	$ 6,180
% of total	100.00%	100.00%
Weighted-average loan-to-value	55.00%	56.00%
Retail
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,099	$ 2,116
% of total	35.00%	34.00%
Retail | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,099	$ 2,116
Industrial
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,544	$ 1,562
% of total	26.00%	25.00%
Industrial | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,544	$ 1,562
Office
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,421	$ 1,516
% of total	23.00%	24.00%
Office | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,421	$ 1,509
Apartments
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 449	$ 465
% of total	7.00%	8.00%
Apartments | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 449	$ 465
Mixed Use
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 232	$ 234
% of total	4.00%	4.00%
Mixed Use | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 232	$ 234
Other
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 287	$ 294
% of total	5.00%	5.00%
Other | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 287	$ 294
Less than 1.00 | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 284	$ 255
% of total	5.00%	4.00%
Weighted-average loan-to-value	64.00%	74.00%
Less than 1.00 | Retail | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 73	$ 67
Less than 1.00 | Industrial | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	86	94
Less than 1.00 | Office | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	103	85
Less than 1.00 | Apartments | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	19	6
Less than 1.00 | Mixed Use | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	2	3
Less than 1.00 | Other | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	1	0
1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 581	$ 626
% of total	10.00%	10.00%
Weighted-average loan-to-value	62.00%	64.00%
1.00 - 1.25 | Retail | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 200	$ 221
1.00 - 1.25 | Industrial | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	126	181
1.00 - 1.25 | Office | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	79	114
1.00 - 1.25 | Apartments | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	19	41
1.00 - 1.25 | Mixed Use | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	9	11
1.00 - 1.25 | Other | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	148	58
1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 958	$ 1,154
% of total	15.00%	19.00%
Weighted-average loan-to-value	60.00%	58.00%
1.26 - 1.50 | Retail | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 420	$ 433
1.26 - 1.50 | Industrial | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	246	208
1.26 - 1.50 | Office | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	172	265
1.26 - 1.50 | Apartments | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	43	74
1.26 - 1.50 | Mixed Use | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	20	28
1.26 - 1.50 | Other | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	57	146
1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,412	$ 2,647
% of total	40.00%	43.00%
Weighted-average loan-to-value	57.00%	58.00%
1.51 - 2.00 | Retail | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 827	$ 882
1.51 - 2.00 | Industrial | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	578	672
1.51 - 2.00 | Office | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	620	699
1.51 - 2.00 | Apartments | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	216	199
1.51 - 2.00 | Mixed Use | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	113	135
1.51 - 2.00 | Other | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	58	60
Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,797	$ 1,498
% of total	30.00%	24.00%
Weighted-average loan-to-value	45.00%	43.00%
Greater than 2.00 | Retail | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 579	$ 513
Greater than 2.00 | Industrial | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	508	407
Greater than 2.00 | Office | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	447	346
Greater than 2.00 | Apartments | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	152	145
Greater than 2.00 | Mixed Use | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	88	57
Greater than 2.00 | Other | Fixed Rate Commercial Mortgage Loans
Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 23	$ 30

Schedule of Positions in Deriva

Schedule of Positions in Derivative Instruments (Detail) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Derivative assets, fair value		$ 1,355	$ 1,129
Derivative liabilities, fair value		1,257	1,063
Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		441	359
Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value		816	704
Other invested assets
Derivative [Line Items]
Derivative assets, fair value		1,331	1,112
Interest rate swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		397	220
Interest rate swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		1,260	1,054
Inflation indexed swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value			33
Foreign currency swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		5	27
Foreign currency swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		6	8
Interest rate swaps related to securitization entities | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value			30
Credit default swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value			1
Credit default swaps related to securitization entities | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		2	14
Equity index options | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		61	30
Equity return swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		5	1
Equity return swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value			2
Other foreign currency contracts | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		32	34
Other foreign currency contracts | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		4	17
GMWB embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[1]	439	352
GMWB embedded derivatives | Reinsurance recoverable
Derivative [Line Items]
Derivative assets, fair value	[2]	24	17
Fixed index annuity embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value		364	342
Indexed universal life embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value		13	10
Designated As Hedging Instrument
Derivative [Line Items]
Derivative assets, fair value		741	637
Derivative liabilities, fair value		89	70
Designated As Hedging Instrument | Cash Flow Hedges
Derivative [Line Items]
Derivative assets, fair value		741	637
Derivative liabilities, fair value		89	70
Designated As Hedging Instrument | Cash Flow Hedges | Interest rate swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		89	37
Designated As Hedging Instrument | Cash Flow Hedges | Interest rate swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		735	629
Designated As Hedging Instrument | Cash Flow Hedges | Inflation indexed swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	33
Designated As Hedging Instrument | Cash Flow Hedges | Inflation indexed swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Designated As Hedging Instrument | Cash Flow Hedges | Foreign currency swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Designated As Hedging Instrument | Cash Flow Hedges | Foreign currency swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		6	8
Derivatives not designated as hedges
Derivative [Line Items]
Derivative assets, fair value		614	492
Derivative liabilities, fair value		1,168	993
Derivatives not designated as hedges | Interest rate swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		308	183
Derivatives not designated as hedges | Interest rate swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		525	425
Derivatives not designated as hedges | Foreign currency swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		5	27
Derivatives not designated as hedges | Foreign currency swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Derivatives not designated as hedges | Interest rate swaps related to securitization entities | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	30
Derivatives not designated as hedges | Interest rate swaps related to securitization entities | Restricted other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Derivatives not designated as hedges | Credit default swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Derivatives not designated as hedges | Credit default swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	1
Derivatives not designated as hedges | Credit default swaps related to securitization entities | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		2	14
Derivatives not designated as hedges | Credit default swaps related to securitization entities | Restricted other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Derivatives not designated as hedges | Equity index options | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Derivatives not designated as hedges | Equity index options | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		61	30
Derivatives not designated as hedges | Financial futures | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Derivatives not designated as hedges | Financial futures | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Derivatives not designated as hedges | Equity return swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		5	1
Derivatives not designated as hedges | Equity return swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	2
Derivatives not designated as hedges | Other foreign currency contracts | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		32	34
Derivatives not designated as hedges | Other foreign currency contracts | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		4	17
Derivatives not designated as hedges | GMWB embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[3]	439	352
Derivatives not designated as hedges | GMWB embedded derivatives | Reinsurance recoverable
Derivative [Line Items]
Derivative assets, fair value	[4]	24	17
Derivatives not designated as hedges | Fixed index annuity embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[5]	364	342
Derivatives not designated as hedges | Fixed index annuity embedded derivatives | Other assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Derivatives not designated as hedges | Indexed universal life embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[6]	13	10
Derivatives not designated as hedges | Indexed universal life embedded derivatives | Reinsurance recoverable
Derivative [Line Items]
Derivative assets, fair value		$ 0	$ 0
[1]	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.
[2]	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.
[3]	Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.
[4]	Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits ("GMWB") liabilities.
[5]	Represents the embedded derivatives associated with our fixed index annuity liabilities.
[6]	Represents the embedded derivatives associated with our indexed universal life liabilities.

Activity Associated with Deriva

Activity Associated with Derivative Instruments (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)Policies
Derivative [Line Items]
Notional amount, beginning balance	$ 21,638
Additions	19,049
Maturities/ terminations	(17,652)
Notional amount, ending balance	23,035
Derivatives Designated As Hedges
Derivative [Line Items]
Notional amount, beginning balance	11,820
Additions	9,415
Maturities/ terminations	(10,159)
Notional amount, ending balance	11,076
Derivatives Designated As Hedges | Cash Flow Hedges
Derivative [Line Items]
Notional amount, beginning balance	11,820
Additions	9,415
Maturities/ terminations	(10,159)
Notional amount, ending balance	11,076
Derivatives Designated As Hedges | Cash Flow Hedges | Interest rate swaps
Derivative [Line Items]
Notional amount, beginning balance	11,214
Additions	9,414
Maturities/ terminations	(9,587)
Notional amount, ending balance	11,041
Derivatives Designated As Hedges | Cash Flow Hedges | Inflation indexed swaps
Derivative [Line Items]
Notional amount, beginning balance	571
Additions	1
Maturities/ terminations	(572)
Notional amount, ending balance	0
Derivatives Designated As Hedges | Cash Flow Hedges | Foreign currency swaps
Derivative [Line Items]
Notional amount, beginning balance	35
Additions	0
Maturities/ terminations	0
Notional amount, ending balance	35
Derivatives not designated as hedges
Derivative [Line Items]
Notional amount, beginning balance	9,818
Additions	9,634
Maturities/ terminations	(7,493)
Notional amount, ending balance	11,959
Derivatives not designated as hedges | Interest rate swaps
Derivative [Line Items]
Notional amount, beginning balance	4,932
Additions	0
Maturities/ terminations	(253)
Notional amount, ending balance	4,679
Derivatives not designated as hedges | Foreign currency swaps
Derivative [Line Items]
Notional amount, beginning balance	162
Additions	133
Maturities/ terminations	(97)
Notional amount, ending balance	198
Derivatives not designated as hedges | Interest rate swaps related to securitization entities
Derivative [Line Items]
Notional amount, beginning balance	67
Additions	0
Maturities/ terminations	(67)
Notional amount, ending balance	0
Derivatives not designated as hedges | Credit default swaps
Derivative [Line Items]
Notional amount, beginning balance	144
Additions	0
Maturities/ terminations	(5)
Notional amount, ending balance	139
Derivatives not designated as hedges | Credit default swaps related to securitization entities
Derivative [Line Items]
Notional amount, beginning balance	312
Additions	0
Maturities/ terminations	0
Notional amount, ending balance	312
Derivatives not designated as hedges | Equity index options
Derivative [Line Items]
Notional amount, beginning balance	1,080
Additions	2,346
Maturities/ terminations	(1,097)
Notional amount, ending balance	2,329
Derivatives not designated as hedges | Financial futures
Derivative [Line Items]
Notional amount, beginning balance	1,331
Additions	5,393
Maturities/ terminations	(5,255)
Notional amount, ending balance	1,469
Derivatives not designated as hedges | Equity return swaps
Derivative [Line Items]
Notional amount, beginning balance	134
Additions	211
Maturities/ terminations	(184)
Notional amount, ending balance	161
Derivatives not designated as hedges | Other foreign currency contracts
Derivative [Line Items]
Notional amount, beginning balance	1,656
Additions	1,551
Maturities/ terminations	(535)
Notional amount, ending balance	$ 2,672
Derivatives not designated as hedges | GMWB embedded derivatives
Derivative [Line Items]
Notional amount, beginning balance | Policies	36,146
Additions | Policies	0
Maturities/ terminations | Policies	(2,179)
Notional amount, ending balance | Policies	33,967
Derivatives not designated as hedges | Fixed index annuity embedded derivatives
Derivative [Line Items]
Notional amount, beginning balance | Policies	17,482
Additions | Policies	647
Maturities/ terminations | Policies	(462)
Notional amount, ending balance | Policies	17,667
Derivatives not designated as hedges | Indexed universal life embedded derivatives
Derivative [Line Items]
Notional amount, beginning balance | Policies	982
Additions | Policies	167
Maturities/ terminations | Policies	(48)
Notional amount, ending balance | Policies	1,101

Schedule of Pre-Tax Income (Los

Schedule of Pre-Tax Income (Loss) Effects of Cash Flow Hedges (Detail) - Cash Flow Hedges - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI		$ 112	$ 353	$ 780	$ 152
Gain (loss) reclassified into net income (loss) from OCI		27	18	90	60
Gain (loss) recognized in net income (loss)	[1]	2	5	13	2
Interest Rate Swaps Hedging Assets | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI		115	344	839	135
Gain (loss) reclassified into net income (loss) from OCI		27	22	80	61
Interest Rate Swaps Hedging Assets | Net Investment (Gains) Losses
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI				0
Gain (loss) reclassified into net income (loss) from OCI				1
Gain (loss) recognized in net income (loss)	[1]	2	4	13	1
Interest Rate Swaps Hedging Liabilities | Net Investment (Gains) Losses
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in net income (loss)	[1]	0	0	0	0
Interest Rate Swaps Hedging Liabilities | Interest Expense
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI		(2)	(23)	(52)	(14)
Gain (loss) reclassified into net income (loss) from OCI		0	0	0	0
Inflation indexed swaps | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI			32	(5)	29
Gain (loss) reclassified into net income (loss) from OCI			(5)	2	(2)
Inflation indexed swaps | Net Investment (Gains) Losses
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI				0
Gain (loss) reclassified into net income (loss) from OCI				7
Gain (loss) recognized in net income (loss)	[1]		1	0	1
Foreign currency swaps | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI		(1)		(2)	2
Gain (loss) reclassified into net income (loss) from OCI		0		0	0
Gain (loss) recognized in net income (loss)	[1]	$ 0
Foreign currency swaps | Net Investment (Gains) Losses
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in net income (loss)	[1]			$ 0	0
Forward bond purchase commitments | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI			0		0
Gain (loss) reclassified into net income (loss) from OCI			1		1
Forward bond purchase commitments | Net Investment (Gains) Losses
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in net income (loss)	[1]		$ 0		$ 0
[1]	Represents ineffective portion of cash flow hedges as there were no amounts excluded from the measurement of effectiveness.

Reconciliation of Current Perio

Reconciliation of Current Period Changes, Net of Applicable Income Taxes, for Derivatives Qualifying as Hedges (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative Instruments [Abstract]
Derivatives qualifying as effective accounting hedges, beginning of period	[1]	$ 2,439	$ 1,913	$ 2,045	$ 2,070
Current period increases (decreases) in fair value, net of deferred taxes	[1]	72	229	507	99
Reclassification to net (income) loss, net of deferred taxes	[1]	(18)	(12)	(59)	(39)
Derivatives qualifying as effective accounting hedges, end of period	[1]	$ 2,493	$ 2,130	$ 2,493	$ 2,130
[1]	See note 5 for additional information.

Reconciliation of Current Per61

Reconciliation of Current Period Changes, Net of Applicable Income Taxes, for Derivatives Qualifying as Hedges (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Current period increases (decreases) in fair value, deferred taxes	$ (40)	$ (124)	$ (273)	$ (53)
Reclassification to net (income) loss, deferred taxes	$ 9	$ 6	$ 31	$ 21

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Detail) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Derivative [Line Items]
Derivatives designated as cash flow hedges gain (loss), amount expected to be reclassified to future net income (loss), net of tax	[1]	$ 2,493	$ 2,439	$ 2,045	$ 2,130	$ 1,913	$ 2,070
Year by which all forecasted transactions associated with qualifying cash flow hedges are expected to occur		2,047
Derivatives designated as cash flow hedges gain (loss), amount expected to be reclassified to net income (loss) in the next 12 months, net of tax		$ 83
Amount reclassified to net income (loss) in connection with forecasted transactions that were no longer considered probable of occurring		6
Derivative assets | Subject to enforceable master netting arrangement
Derivative [Line Items]
Amount to claim from counterparties if the downgrade provisions had been triggered	[2]	89		265
Derivative liabilities | Subject to enforceable master netting arrangement
Derivative [Line Items]
Amounts required for disbursement to counterparties if the downgrade provisions had been triggered	[3]	$ 1		$ 0
[1]	See note 5 for additional information.
[2]	Included $37 million and $24 million of accruals on derivatives classified as other assets and does not include amounts related to embedded derivatives as of September 30, 2016 and December 31, 2015, respectively.
[3]	Included $23 million and $6 million of accruals on derivatives classified as other liabilities and does not include amounts related to embedded derivatives and derivatives related to securitization entities as of September 30, 2016 and December 31, 2015, respectively.

Schedule of Pre-Tax Gain (Loss)

Schedule of Pre-Tax Gain (Loss) Recognized in Net Income (Loss) for Effects of Derivatives not Designated as Hedges (Detail) - Derivatives not designated as hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	$ 10	$ (64)	$ (67)	$ (76)
Interest rate swaps | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	(1)	(12)	7	(13)
Interest rate swaps related to securitization entities | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	0	(5)	(10)	(5)
Credit default swaps | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income			0	1
Credit default swaps related to securitization entities | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	2	(1)	16	10
Equity index options | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	9	6	5	(11)
Financial futures | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	(35)	13	(9)	(18)
Equity return swaps | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	(9)	11	(2)	3
Other foreign currency contracts | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	(2)	4	(6)	10
Foreign currency swaps | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	(1)	(9)	6	(17)
Forward bond purchase commitments | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	0	13	0	13
GMWB embedded derivatives | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	60	(117)	(58)	(68)
Fixed index annuity embedded derivatives | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	(16)	31	(22)	14
Indexed universal life embedded derivatives | Net Investment (Gains) Losses
Derivative [Line Items]
Pre-tax gain (loss) recognized in net income	$ 3	$ 2	$ 6	$ 5

Additional Information about De

Additional Information about Derivative Assets and Liabilities Subject to Enforceable Master Netting Arrangement (Detail) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Gross amounts recognized, derivatives assets		$ 1,355	$ 1,129
Gross amounts recognized, derivatives liabilities		1,257	1,063
Subject to enforceable master netting arrangement
Derivative [Line Items]
Collateral received		(1,005)	(642)
Over collateralization, derivatives assets		(167)	(171)
Gross amounts recognized, net derivatives		906	815
Gross amounts offset in the balance sheet, net derivatives		0	0
Net amounts presented in the balance sheet, net derivatives		906	815
Gross amounts not offset in the balance sheet, financial instruments, net derivatives	[1]	0	0
Collateral pledged		354	263
Net amount		88	265
Subject to enforceable master netting arrangement | Derivative assets
Derivative [Line Items]
Gross amounts recognized, derivatives assets	[2]	1,368	1,135
Gross amounts offset in the balance sheet, derivatives assets	[2]	0	0
Net amounts presented in the balance sheet, derivatives assets	[2]	1,368	1,135
Gross amounts not offset in the balance sheet, financial instruments, derivatives assets	[1],[2]	(338)	(231)
Collateral received	[2]	(1,005)	(642)
Over collateralization, derivatives assets	[2]	64	3
Net amount, derivatives assets	[2]	89	265
Subject to enforceable master netting arrangement | Derivative liabilities
Derivative [Line Items]
Gross amounts recognized, derivatives liabilities	[3]	462	320
Gross amounts offset in the balance sheet, derivatives liabilities	[3]	0	0
Net amounts presented in the balance sheet, derivatives liabilities	[3]	462	320
Gross amounts not offset in the balance sheet, financial instruments, derivative liabilities	[1],[3]	(338)	(231)
Collateral pledged	[3]	(354)	(263)
Over collateralization, derivatives liabilities	[3]	231	174
Net amount, derivatives liabilities	[3]	$ 1	$ 0
[1]	Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty.
[2]	Included $37 million and $24 million of accruals on derivatives classified as other assets and does not include amounts related to embedded derivatives as of September 30, 2016 and December 31, 2015, respectively.
[3]	Included $23 million and $6 million of accruals on derivatives classified as other liabilities and does not include amounts related to embedded derivatives and derivatives related to securitization entities as of September 30, 2016 and December 31, 2015, respectively.

Additional Information about 65

Additional Information about Derivative Assets and Liabilities Subject to Enforceable Master Netting Arrangement (Parenthetical) (Detail) - Subject to enforceable master netting arrangement - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Derivative liabilities
Derivative [Line Items]
Net amounts presented in the balance sheet, accruals on derivative liabilities	[1]	$ 462	$ 320
Derivative assets
Derivative [Line Items]
Net amounts presented in the balance sheet, accruals on derivative assets	[2]	1,368	1,135
Other assets | Derivative assets
Derivative [Line Items]
Net amounts presented in the balance sheet, accruals on derivative assets		37	24
Other liabilities | Derivative liabilities
Derivative [Line Items]
Net amounts presented in the balance sheet, accruals on derivative liabilities		$ 23	$ 6
[1]	Included $23 million and $6 million of accruals on derivatives classified as other liabilities and does not include amounts related to embedded derivatives and derivatives related to securitization entities as of September 30, 2016 and December 31, 2015, respectively.
[2]	Included $37 million and $24 million of accruals on derivatives classified as other assets and does not include amounts related to embedded derivatives as of September 30, 2016 and December 31, 2015, respectively.

Derivative Instruments Schedule

Derivative Instruments Schedule of Credit Default Swaps where we Sell Protection on Single Name Reference Entities and Fair Values (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Notional value	$ 23,035	$ 21,638
Credit default swaps | Single Name Reference Entities
Derivative [Line Items]
Notional value	39	39
Assets	0	0
Liabilities	0	0
Credit default swaps | Single Name Reference Entities | Investment grade | Matures in less than one year
Derivative [Line Items]
Notional value	0	0
Assets	0	0
Liabilities	0	0
Credit default swaps | Single Name Reference Entities | Investment grade | Matures After One Year Through Five Years
Derivative [Line Items]
Notional value	39	39
Assets	0	0
Liabilities	$ 0	$ 0

Schedule of Credit Default Swap

Schedule of Credit Default Swaps where we Sell Protection on Credit Default Swap Index Tranches and Fair Values (Detail) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Notional value		$ 23,035	$ 21,638
Credit default swaps | Original Index Tranche Attachment/Detachment Point And Maturity | Index Tranches
Derivative [Line Items]
Notional value		100	100
Assets		0	1
Liabilities		0	0
Credit default swaps | Original Index Tranche Attachment/Detachment Point And Maturity | Index Tranches | Matures in less than one year | 7% - 15%
Derivative [Line Items]
Notional value	[1]	100	100
Assets	[1]	0	1
Liabilities	[1]	0	0
Credit default swaps | Securitization Entities | Index Tranches
Derivative [Line Items]
Notional value		312	312
Assets		0	0
Liabilities		2	14
Credit default swaps | Securitization Entities | Index Tranches | Portion Backing Third-Party Borrowings Maturing 2017
Derivative [Line Items]
Notional value	[2]	12	12
Assets	[2]	0	0
Liabilities	[2]	1	2
Credit default swaps | Securitization Entities | Index Tranches | Portion Backing Interest Maturing 2017
Derivative [Line Items]
Notional value	[3]	300	300
Assets	[3]	0	0
Liabilities	[3]	1	12
Total Credit Default Swaps on Index Tranches
Derivative [Line Items]
Notional value		412	412
Assets		0	1
Liabilities		$ 2	$ 14
[1]	The current attachment/detachment as of September 30, 2016 and December 31, 2015 was 7% - 15%.
[2]	Original notional value was $39 million.
[3]	Original notional value was $300 million.

Schedule of Credit Default Sw68

Schedule of Credit Default Swaps where we Sell Protection on Credit Default Swap Index Tranches and Fair Values (Parenthetical) (Detail) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Notional value		$ 23,035	$ 21,638
Original Index Tranche Attachment/Detachment Point And Maturity | Credit default swaps | Index Tranches
Derivative [Line Items]
Notional value		$ 100	$ 100
Original Index Tranche Attachment/Detachment Point And Maturity | Credit default swaps | Index Tranches | 7% - 15%
Derivative [Line Items]
Current attachment percentage		7.00%	7.00%
Current detachment percentage		15.00%	15.00%
Securitization Entities | Credit default swaps | Index Tranches
Derivative [Line Items]
Notional value		$ 312	$ 312
Securitization Entities | Credit default swaps | Index Tranches | Portion Backing Third-Party Borrowings Maturing 2017
Derivative [Line Items]
Notional value	[1]	12	12
Securitization Entities | Credit default swaps | Index Tranches | Portion Backing Interest Maturing 2017
Derivative [Line Items]
Notional value	[2]	300	$ 300
Securitization Entities | Credit default swaps | Index Tranches | Original Amount | Portion Backing Third-Party Borrowings Maturing 2017
Derivative [Line Items]
Notional value		39
Securitization Entities | Credit default swaps | Index Tranches | Original Amount | Portion Backing Interest Maturing 2017
Derivative [Line Items]
Notional value		$ 300
[1]	Original notional value was $39 million.
[2]	Original notional value was $300 million.

Fair Value Financial Instrument

Fair Value Financial Instruments Not Required to Be Carried at Fair Value (Detail) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans		$ 6,017	$ 6,170
Restricted commercial mortgage loans		134	161
Other invested assets		2,676	2,309
Long-term borrowings		4,194	4,570
Non-recourse funding obligations		310	1,920
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans		0	0
Restricted commercial mortgage loans		0	0
Other invested assets		0	0
Long-term borrowings	[1]	0	0
Non-recourse funding obligations	[1]	0	0
Borrowings related to securitization entities		0	0
Investment contracts		0	0
Commitments to fund limited partnerships		0	0
Ordinary course of business lending commitments		0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans		0	0
Restricted commercial mortgage loans		0	0
Other invested assets		342	197
Long-term borrowings	[1]	3,511	3,343
Non-recourse funding obligations	[1]	0	0
Borrowings related to securitization entities		69	104
Investment contracts		5	5
Commitments to fund limited partnerships		0	0
Ordinary course of business lending commitments		0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans		6,491	6,476
Restricted commercial mortgage loans		151	179
Other invested assets		100	82
Long-term borrowings	[1]	150	175
Non-recourse funding obligations	[1]	181	1,401
Borrowings related to securitization entities		0	0
Investment contracts		18,022	17,905
Commitments to fund limited partnerships		0	0
Ordinary course of business lending commitments		0	0
Notional amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[2]	0	0
Restricted commercial mortgage loans	[2]	0	0
Other invested assets	[2]	0	0
Long-term borrowings	[1],[2]	0	0
Non-recourse funding obligations	[1],[2]	0	0
Borrowings related to securitization entities	[2]	0	0
Investment contracts	[2]	0	0
Commitments to fund limited partnerships		188	131
Ordinary course of business lending commitments		149	40
Carrying value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans		6,017	6,170
Restricted commercial mortgage loans		134	161
Other invested assets		429	273
Long-term borrowings	[1]	4,194	4,570
Non-recourse funding obligations	[1]	310	1,920
Borrowings related to securitization entities		67	98
Investment contracts		16,792	17,258
Commitments to fund limited partnerships		0	0
Ordinary course of business lending commitments		0	0
Fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans		6,491	6,476
Restricted commercial mortgage loans		151	179
Other invested assets		442	279
Long-term borrowings	[1]	3,661	3,518
Non-recourse funding obligations	[1]	181	1,401
Borrowings related to securitization entities		69	104
Investment contracts		18,027	17,910
Commitments to fund limited partnerships		0	0
Ordinary course of business lending commitments		$ 0	$ 0
[1]	See note 9 for additional information related to borrowings.
[2]	These financial instruments do not have notional amounts.

Summary of Significant Inputs U

Summary of Significant Inputs Used by Third-Party Pricing Services for Certain Fair Value Measurements of Fixed Maturity Securities that Classified as Level 2 (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 63,780	$ 58,197
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	6,703	6,203
Fixed maturity securities | State and Political Subdivisions
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,824	2,438
Fixed maturity securities | Non-U.S. government
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,227	2,015
Fixed maturity securities | U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	27,695	24,401
Fixed maturity securities | Non-U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	13,008	12,199
Fixed maturity securities | Residential mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	4,823	5,101
Fixed maturity securities | Commercial mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	3,173	2,559
Fixed maturity securities | Other asset-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	3,327	3,281
Level 2
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	59,433	53,017
Level 2 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	6,701	6,200
Level 2 | Fixed maturity securities | State and Political Subdivisions
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,788	2,403
Level 2 | Fixed maturity securities | Non-U.S. government
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,227	2,015
Level 2 | Fixed maturity securities | U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	25,190	22,072
Level 2 | Fixed maturity securities | Non-U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	11,419	10,654
Level 2 | Fixed maturity securities | Residential mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	4,786	4,985
Level 2 | Fixed maturity securities | Commercial mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	3,145	2,549
Level 2 | Fixed maturity securities | Other asset-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	3,177	$ 2,139
Level 2 | Third-Party Pricing Services | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 6,701
Primary methodologies	Price quotes from trading desk, broker feeds
Significant inputs	Bid side prices, trade prices, Option Adjusted Spread (“OAS”) to swap curve, Bond Market Association OAS, Treasury Curve, Agency Bullet Curve, maturity to issuer spread
Level 2 | Third-Party Pricing Services | Fixed maturity securities | State and Political Subdivisions
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 2,780
Primary methodologies	Multi-dimensional attribute-based modeling systems, third-party pricing vendors
Significant inputs	Trade prices, material event notices, Municipal Market Data benchmark yields, broker quotes
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Non-U.S. government
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 2,210
Primary methodologies	Matrix pricing, spread priced to benchmark curves, price quotes from market makers
Significant inputs	Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources
Level 2 | Third-Party Pricing Services | Fixed maturity securities | U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 24,564
Primary methodologies	Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, internal models, OAS-based models
Significant inputs	Bid side prices to Treasury Curve, Issuer Curve, which includes sector, quality, duration, OAS percentage and change for spread matrix, trade prices, comparative transactions, Trade Reporting and Compliance Engine (“TRACE”) reports
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Non-U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 11,093
Primary methodologies	Multi-dimensional attribute-based modeling systems, OAS-based models, price quotes from market makers
Significant inputs	Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Residential mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 4,786
Primary methodologies	OAS-based models, To Be Announced pricing models, single factor binomial models, internally priced
Significant inputs	Prepayment and default assumptions, aggregation of bonds with similar characteristics, including collateral type, vintage, tranche type, weighted-average life, weighted-average loan age, issuer program and delinquency ratio, pay up and pay down factors, TRACE reports
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Commercial mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 3,145
Primary methodologies	Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model
Significant inputs	Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Other asset-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 3,177
Primary methodologies	Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers, internal models
Significant inputs	Spreads to daily updated swaps curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports

Fair Value of Financial Instr71

Fair Value of Financial Instruments - Additional Information (Detail) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 63,780	$ 58,197
Period end valuation	0	0
GMWB non-performance risk impact	$ 88	$ 79
Fixed maturity securities | Non-U.S. government
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	2,227	2,015
Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	27,695	24,401
Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	13,008	12,199
Fixed maturity securities | State and Political Subdivisions
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	2,824	2,438
Level 2
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	59,433	53,017
Level 2 | Fixed maturity securities | Non-U.S. government
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	2,227	2,015
Level 2 | Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	25,190	22,072
Level 2 | Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	11,419	10,654
Level 2 | Fixed maturity securities | State and Political Subdivisions
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	2,788	2,403
Level 2 | Internal models | Fixed maturity securities | Non-U.S. government
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	17
Level 2 | Internal models | Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	626
Level 2 | Internal models | Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	326
Level 2 | Internal models | Fixed maturity securities | State and Political Subdivisions
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	8
Level 3
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	4,347	5,180
Level 3 | Fixed maturity securities | Non-U.S. government
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	0	0
Level 3 | Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	2,505	2,329
Level 3 | Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	1,589	1,545
Level 3 | Fixed maturity securities | State and Political Subdivisions
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	36	$ 35
Level 3 | Internal models | Fixed maturity securities
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	3,618
Level 3 | Broker Quotes | Fixed maturity securities
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 729

Assets by Class of Instrument t

Assets by Class of Instrument that are Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		$ 63,780	$ 58,197
Available-for-sale equity securities		590	310
Derivative assets, fair value		1,355	1,129
Total other invested assets		2,676	2,309
Restricted other invested assets related to securitization entities		312	413
Separate account assets		7,485	7,883
Total assets		74,323	68,726
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		384	447
Derivative assets, fair value		1,331	1,112
Securities lending collateral		417	347
Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		1,260	1,054
Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		6	8
Credit default swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			1
Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		61	30
Equity return swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			2
Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		4	17
GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	24	17
Fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total other invested assets		442	279
Fair value | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total other invested assets		2,132	1,906
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		6,703	6,203
Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,824	2,438
Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,227	2,015
Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		27,695	24,401
Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,749	3,693
Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,279	2,501
Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		6,340	5,632
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,878	4,096
Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,726	2,193
Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,291	1,173
Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,195	1,950
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,660	1,675
Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,215	1,086
Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		362	402
Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		13,008	12,199
Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		961	843
Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,395	1,686
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,658	2,473
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		822	752
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,047	988
Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,018	986
Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		580	604
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		505	526
Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		683	605
Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,339	2,736
Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,823	5,101
Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,173	2,559
Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,327	3,281
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Available-for-sale equity securities		520	270
Total other invested assets		0	0
Restricted other invested assets related to securitization entities		0	0
Separate account assets		7,485	7,883
Total assets		8,005	8,153
Level 1 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		0	0
Derivative assets, fair value		0	0
Securities lending collateral		0	0
Level 1 | Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 1 | Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 1 | Credit default swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			0
Level 1 | Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 1 | Equity return swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			0
Level 1 | Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 1 | GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0	0
Level 1 | Fair value | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total other invested assets		0	0
Level 1 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 1 | Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		59,433	53,017
Available-for-sale equity securities		24	2
Total other invested assets		342	197
Restricted other invested assets related to securitization entities		181	181
Separate account assets		0	0
Total assets		61,708	55,072
Level 2 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		384	447
Derivative assets, fair value		1,269	1,078
Securities lending collateral		417	347
Level 2 | Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		1,260	1,054
Level 2 | Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		6	8
Level 2 | Credit default swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			0
Level 2 | Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 2 | Equity return swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			2
Level 2 | Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		3	14
Level 2 | GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0	0
Level 2 | Fair value | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total other invested assets		2,070	1,872
Level 2 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		6,701	6,200
Level 2 | Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,788	2,403
Level 2 | Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,227	2,015
Level 2 | Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		25,190	22,072
Level 2 | Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,187	3,244
Level 2 | Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,077	2,248
Level 2 | Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		5,520	4,917
Level 2 | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,775	3,987
Level 2 | Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,673	2,158
Level 2 | Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,213	1,112
Level 2 | Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,059	1,770
Level 2 | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,395	1,436
Level 2 | Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,091	980
Level 2 | Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		200	220
Level 2 | Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		11,419	10,654
Level 2 | Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		592	556
Level 2 | Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,170	1,434
Level 2 | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,444	2,282
Level 2 | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		678	583
Level 2 | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		966	926
Level 2 | Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		906	902
Level 2 | Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		407	391
Level 2 | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		434	455
Level 2 | Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		510	461
Level 2 | Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,312	2,664
Level 2 | Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,786	4,985
Level 2 | Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,145	2,549
Level 2 | Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,177	2,139
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,347	5,180
Available-for-sale equity securities		46	38
Total other invested assets		100	82
Restricted other invested assets related to securitization entities		131	232
Separate account assets		0	0
Total assets		4,610	5,501
Level 3 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		0	0
Derivative assets, fair value		62	34
Securities lending collateral		0	0
Level 3 | Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 3 | Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0	0
Level 3 | Credit default swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			1
Level 3 | Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		61	30
Level 3 | Equity return swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value			0
Level 3 | Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		1	3
Level 3 | GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	24	17
Level 3 | Fair value | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total other invested assets		62	34
Level 3 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2	3
Level 3 | Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		36	35
Level 3 | Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0	0
Level 3 | Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,505	2,329
Level 3 | Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		562	449
Level 3 | Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		202	253
Level 3 | Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		820	715
Level 3 | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		103	109
Level 3 | Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		53	35
Level 3 | Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		78	61
Level 3 | Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		136	180
Level 3 | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		265	239
Level 3 | Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		124	106
Level 3 | Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		162	182
Level 3 | Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,589	1,545
Level 3 | Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		369	287
Level 3 | Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		225	252
Level 3 | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		214	191
Level 3 | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		144	169
Level 3 | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		81	62
Level 3 | Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		112	84
Level 3 | Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		173	213
Level 3 | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		71	71
Level 3 | Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		173	144
Level 3 | Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		27	72
Level 3 | Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		37	116
Level 3 | Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		28	10
Level 3 | Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		$ 150	$ 1,142
[1]	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

Assets Measured at Fair Value o

Assets Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value (Detail) - USD ($) $ in Millions		3 Months Ended				9 Months Ended
		Sep. 30, 2016		Sep. 30, 2015		Sep. 30, 2016		Sep. 30, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		$ 4,651		$ 5,854		$ 5,501		$ 6,051
Total realized and unrealized gains (losses), Included in net income (loss)		9		23		(35)		20
Total realized and unrealized gains (losses), Included in OCI		42		(27)		222		(46)
Purchases		227		236		505		466
Sales		(120)		(18)		(180)		(41)
Issuances		1		0		2		1
Settlements		(155)		(142)		(366)		(508)
Transfer into Level 3		123	[1]	140	[1]	389	[2]	317	[1]
Transfer out of Level 3		(168)	[1]	(280)	[1]	(1,428)	[2]	(474)	[1]
Ending balance		4,610		5,786		4,610		5,786
Total gains (losses) included in net income (loss) attributable to assets still held		(2)		22		11		17
Other invested assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		58		13		34		20
Total realized and unrealized gains (losses), Included in net income (loss)		9		6		3		(11)
Total realized and unrealized gains (losses), Included in OCI		0		0		0		0
Purchases		15		0		52		12
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		(20)		(3)		(27)		(5)
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Ending balance		62		16		62		16
Total gains (losses) included in net income (loss) attributable to assets still held		0		5		(6)		(8)
Other invested assets | Derivative assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		58		13		34		20
Total realized and unrealized gains (losses), Included in net income (loss)		9		6		3		(11)
Total realized and unrealized gains (losses), Included in OCI		0		0		0		0
Purchases		15		0		52		12
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		(20)		(3)		(27)		(5)
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Ending balance		62		16		62		16
Total gains (losses) included in net income (loss) attributable to assets still held		0		5		(6)		(8)
Other invested assets | Derivative assets | Credit default swaps
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance				1		1		3
Total realized and unrealized gains (losses), Included in net income (loss)				0		0		0
Total realized and unrealized gains (losses), Included in OCI				0		0		0
Purchases				0		0		0
Sales				0		0		0
Issuances				0		0		0
Settlements				0		(1)		(2)
Transfer into Level 3				0	[1]	0	[2]	0	[1]
Transfer out of Level 3				0	[1]	0	[2]	0	[1]
Ending balance		0		1		0		1
Total gains (losses) included in net income (loss) attributable to assets still held				0		0		0
Other invested assets | Derivative assets | Equity index options
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		57		12		30		17
Total realized and unrealized gains (losses), Included in net income (loss)		9		6		5		(11)
Total realized and unrealized gains (losses), Included in OCI		0		0		0		0
Purchases		15		0		51		12
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		(20)		(3)		(25)		(3)
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Ending balance		61		15		61		15
Total gains (losses) included in net income (loss) attributable to assets still held		0		5		(4)		(8)
Other invested assets | Derivative assets | Other foreign currency contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		1				3
Total realized and unrealized gains (losses), Included in net income (loss)		0				(2)
Total realized and unrealized gains (losses), Included in OCI		0				0
Purchases		0				1
Sales		0				0
Issuances		0				0
Settlements		0				(1)
Transfer into Level 3		0	[1]			0	[2]
Transfer out of Level 3		0	[1]			0	[2]
Ending balance		1				1
Total gains (losses) included in net income (loss) attributable to assets still held		0				(2)
Restricted other invested assets related to securitization entities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		131		230		232		230
Total realized and unrealized gains (losses), Included in net income (loss)		0		1		(55)		1
Total realized and unrealized gains (losses), Included in OCI		0		0		0		0
Purchases		0		0		0		0
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		0		0		(46)		0
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Ending balance		131		231		131		231
Total gains (losses) included in net income (loss) attributable to assets still held		0		1		9		1
Reinsurance recoverable
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	[3]	26		10		17		13
Total realized and unrealized gains (losses), Included in net income (loss)	[3]	(3)		9		5		5
Total realized and unrealized gains (losses), Included in OCI	[3]	0		0		0		0
Purchases	[3]	0		0		0		0
Sales	[3]	0		0		0		0
Issuances	[3]	1		0		2		1
Settlements	[3]	0		0		0		0
Transfer into Level 3	[3]	0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3	[3]	0	[1]	0	[1]	0	[2]	0	[1]
Ending balance	[3]	24		19		24		19
Total gains (losses) included in net income (loss) attributable to assets still held	[3]	(3)		9		5		5
Fixed maturity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		4,392		5,560		5,180		5,754
Total realized and unrealized gains (losses), Included in net income (loss)		3		7		12		25
Total realized and unrealized gains (losses), Included in OCI		42		(27)		222		(46)
Purchases		210		236		445		453
Sales		(120)		(14)		(180)		(36)
Issuances		0		0		0		0
Settlements		(135)		(139)		(293)		(503)
Transfer into Level 3		123	[1]	139	[1]	389	[2]	309	[1]
Transfer out of Level 3		(168)	[1]	(280)	[1]	(1,428)	[2]	(474)	[1]
Ending balance		4,347		5,482		4,347		5,482
Total gains (losses) included in net income (loss) attributable to assets still held		1		7		3		19
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		2		3		3		4
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		0		0		0		0
Purchases		0		0		0		0
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		0		0		(1)		(1)
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Ending balance		2		3		2		3
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		36		40		35		30
Total realized and unrealized gains (losses), Included in net income (loss)		1		1		2		2
Total realized and unrealized gains (losses), Included in OCI		0		(1)		(1)		8
Purchases		0		0		7		5
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		0		0		0		0
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		(1)	[1]	(5)	[1]	(7)	[2]	(10)	[1]
Ending balance		36		35		36		35
Total gains (losses) included in net income (loss) attributable to assets still held		1		1		2		2
Fixed maturity securities | U.S. corporate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		2,420		2,271		2,329		2,419
Total realized and unrealized gains (losses), Included in net income (loss)		6		6		22		19
Total realized and unrealized gains (losses), Included in OCI		24		(7)		126		(51)
Purchases		117		163		233		227
Sales		(21)		0		(53)		(5)
Issuances		0		0		0		0
Settlements		(49)		(36)		(139)		(143)
Transfer into Level 3		55	[1]	37	[1]	199	[2]	86	[1]
Transfer out of Level 3		(47)	[1]	(57)	[1]	(212)	[2]	(175)	[1]
Ending balance		2,505		2,377		2,505		2,377
Total gains (losses) included in net income (loss) attributable to assets still held		7		4		16		14
Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		552		448		449		444
Total realized and unrealized gains (losses), Included in net income (loss)		1		0		1		0
Total realized and unrealized gains (losses), Included in OCI		4		1		28		(9)
Purchases		54		23		101		38
Sales		(6)		0		(6)		0
Issuances		0		0		0		0
Settlements		(1)		0		(9)		(2)
Transfer into Level 3		1	[1]	8	[1]	68	[2]	10	[1]
Transfer out of Level 3		(43)	[1]	(17)	[1]	(70)	[2]	(18)	[1]
Ending balance		562		463		562		463
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		208		269		253		285
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		3		(3)		(1)		(7)
Purchases		0		0		0		4
Sales		0		0		0		(4)
Issuances		0		0		0		0
Settlements		(8)		(1)		(10)		(5)
Transfer into Level 3		0	[1]	0	[1]	7	[2]	0	[1]
Transfer out of Level 3		(1)	[1]	0	[1]	(47)	[2]	(8)	[1]
Ending balance		202		265		202		265
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		775		629		715		616
Total realized and unrealized gains (losses), Included in net income (loss)		4		4		12		12
Total realized and unrealized gains (losses), Included in OCI		14		(3)		58		(25)
Purchases		27		55		54		83
Sales		(5)		0		(14)		0
Issuances		0		0		0		0
Settlements		(32)		(3)		(59)		(28)
Transfer into Level 3		37	[1]	0	[1]	72	[2]	47	[1]
Transfer out of Level 3		0	[1]	(20)	[1]	(18)	[2]	(43)	[1]
Ending balance		820		662		820		662
Total gains (losses) included in net income (loss) attributable to assets still held		5		3		11		10
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		102		108		109		140
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		2
Total realized and unrealized gains (losses), Included in OCI		1		(1)		7		0
Purchases		5		0		5		0
Sales		(5)		0		(18)		0
Issuances		0		0		0		0
Settlements		0		(2)		0		(37)
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	(10)	[1]	0	[2]	(10)	[1]
Ending balance		103		95		103		95
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		40		33		35		45
Total realized and unrealized gains (losses), Included in net income (loss)		1		1		2		2
Total realized and unrealized gains (losses), Included in OCI		0		1		4		(2)
Purchases		12		0		12		0
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		0		0		0		0
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	(1)	[1]	0	[2]	(11)	[1]
Ending balance		53		34		53		34
Total gains (losses) included in net income (loss) attributable to assets still held		1		1		2		2
Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		78		36		61		36
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		0		1		5		1
Purchases		0		28		0		28
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		0		0		0		0
Transfer into Level 3		0	[1]	0	[1]	12	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Ending balance		78		65		78		65
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		135		165		180		166
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		1		0
Total realized and unrealized gains (losses), Included in OCI		1		(2)		6		(3)
Purchases		0		27		0		28
Sales		0		0		(10)		(1)
Issuances		0		0		0		0
Settlements		0		0		0		0
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	(41)	[2]	0	[1]
Ending balance		136		190		136		190
Total gains (losses) included in net income (loss) attributable to assets still held		1		0		1		0
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		254		296		239		363
Total realized and unrealized gains (losses), Included in net income (loss)		0		1		4		1
Total realized and unrealized gains (losses), Included in OCI		0		(2)		9		(3)
Purchases		19		30		44		39
Sales		(5)		0		(5)		0
Issuances		0		0		0		0
Settlements		(1)		(28)		(42)		(36)
Transfer into Level 3		1	[1]	10	[1]	19	[2]	10	[1]
Transfer out of Level 3		(3)	[1]	0	[1]	(3)	[2]	(67)	[1]
Ending balance		265		307		265		307
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		129		121		106		153
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		1		1
Total realized and unrealized gains (losses), Included in OCI		1		(1)		9		(3)
Purchases		0		0		17		7
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		(6)		(1)		(14)		(30)
Transfer into Level 3		0	[1]	0	[1]	5	[2]	0	[1]
Transfer out of Level 3		0	[1]	(9)	[1]	0	[2]	(18)	[1]
Ending balance		124		110		124		110
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		1		1
Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		147		166		182		171
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		1		1
Total realized and unrealized gains (losses), Included in OCI		0		2		1		0
Purchases		0		0		0		0
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		(1)		(1)		(5)		(5)
Transfer into Level 3		16	[1]	19	[1]	16	[2]	19	[1]
Transfer out of Level 3		0	[1]	0	[1]	(33)	[2]	0	[1]
Ending balance		162		186		162		186
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		1		1
Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		1,607		1,724		1,545		1,804
Total realized and unrealized gains (losses), Included in net income (loss)		2		0		4		1
Total realized and unrealized gains (losses), Included in OCI		14		(8)		91		(8)
Purchases		93		33		119		46
Sales		(49)		0		(57)		(9)
Issuances		0		0		0		0
Settlements		(73)		(51)		(117)		(116)
Transfer into Level 3		38	[1]	16	[1]	111	[2]	19	[1]
Transfer out of Level 3		(43)	[1]	(34)	[1]	(107)	[2]	(57)	[1]
Ending balance		1,589		1,680		1,589		1,680
Total gains (losses) included in net income (loss) attributable to assets still held		(1)		0		1		1
Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		331		326		287		328
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		1		0		9		(2)
Purchases		52		18		62		18
Sales		(5)		0		(5)		0
Issuances		0		0		0		0
Settlements		0		0		0		0
Transfer into Level 3		0	[1]	0	[1]	26	[2]	0	[1]
Transfer out of Level 3		(10)	[1]	0	[1]	(10)	[2]	0	[1]
Ending balance		369		344		369		344
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		234		305		252		324
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		(1)
Total realized and unrealized gains (losses), Included in OCI		9		(3)		33		(5)
Purchases		8		0		8		0
Sales		(9)		0		(11)		(9)
Issuances		0		0		0		0
Settlements		(17)		(23)		(31)		(30)
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	(26)	[2]	0	[1]
Ending balance		225		279		225		279
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		(1)
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		201		218		191		221
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		2		2
Total realized and unrealized gains (losses), Included in OCI		3		1		11		(3)
Purchases		11		15		11		21
Sales		(1)		0		(1)		0
Issuances		0		0		0		0
Settlements		0		0		0		(3)
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	(4)	[1]
Ending balance		214		234		214		234
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		2		2
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		168		169		169		197
Total realized and unrealized gains (losses), Included in net income (loss)		2		0		2		0
Total realized and unrealized gains (losses), Included in OCI		(1)		0		9		2
Purchases		3		0		3		0
Sales		(3)		0		(3)		0
Issuances		0		0		0		0
Settlements		(37)		(11)		(48)		(41)
Transfer into Level 3		12	[1]	0	[1]	12	[2]	0	[1]
Transfer out of Level 3		0	[1]	(1)	[1]	0	[2]	(1)	[1]
Ending balance		144		157		144		157
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		80		42		62		42
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		1		0		6		0
Purchases		2		0		18		0
Sales		(2)		0		(5)		0
Issuances		0		0		0		0
Settlements		0		0		0		0
Transfer into Level 3		0	[1]	0	[1]	0	[2]	1	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	(1)	[1]
Ending balance		81		42		81		42
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		95		125		84		131
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		2		0		7		0
Purchases		17		0		17		7
Sales		(17)		0		(20)		0
Issuances		0		0		0		0
Settlements		0		(4)		0		(18)
Transfer into Level 3		15	[1]	0	[1]	24	[2]	1	[1]
Transfer out of Level 3		0	[1]	(33)	[1]	0	[2]	(33)	[1]
Ending balance		112		88		112		88
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		212		237		213		237
Total realized and unrealized gains (losses), Included in net income (loss)		1		0		1		0
Total realized and unrealized gains (losses), Included in OCI		(2)		(2)		7		(2)
Purchases		0		0		0		0
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		(5)		(5)		(15)		(5)
Transfer into Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Transfer out of Level 3		(33)	[1]	0	[1]	(33)	[2]	0	[1]
Ending balance		173		230		173		230
Total gains (losses) included in net income (loss) attributable to assets still held		1		0		1		0
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		71		73		71		89
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		0		(2)		2		(1)
Purchases		0		0		0		0
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		0		0		(2)		0
Transfer into Level 3		0	[1]	16	[1]	0	[2]	16	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	(17)	[1]
Ending balance		71		87		71		87
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		186		154		144		154
Total realized and unrealized gains (losses), Included in net income (loss)		1		0		1		0
Total realized and unrealized gains (losses), Included in OCI		(1)		0		3		0
Purchases		0		0		0		0
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		(14)		(8)		(14)		(8)
Transfer into Level 3		1	[1]	0	[1]	39	[2]	0	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Ending balance		173		146		173		146
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		29		75		72		81
Total realized and unrealized gains (losses), Included in net income (loss)		(2)		0		(2)		0
Total realized and unrealized gains (losses), Included in OCI		2		(2)		4		3
Purchases		0		0		0		0
Sales		(12)		0		(12)		0
Issuances		0		0		0		0
Settlements		0		0		(7)		(11)
Transfer into Level 3		10	[1]	0	[1]	10	[2]	1	[1]
Transfer out of Level 3		0	[1]	0	[1]	(38)	[2]	(1)	[1]
Ending balance		27		73		27		73
Total gains (losses) included in net income (loss) attributable to assets still held		(2)		0		(2)		0
Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		96		132		116		65
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		0		(3)		2		(3)
Purchases		0		6		51		37
Sales		(45)		0		(45)		0
Issuances		0		0		0		0
Settlements		(8)		(2)		(13)		(7)
Transfer into Level 3		5	[1]	9	[1]	13	[2]	50	[1]
Transfer out of Level 3		(11)	[1]	(72)	[1]	(87)	[2]	(72)	[1]
Ending balance		37		70		37		70
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		33		25		10		5
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		(3)		(1)		1		(1)
Purchases		0		0		23		9
Sales		0		0		0		0
Issuances		0		0		0		0
Settlements		0		0		(4)		(1)
Transfer into Level 3		0	[1]	0	[1]	0	[2]	13	[1]
Transfer out of Level 3		(2)	[1]	(13)	[1]	(2)	[2]	(14)	[1]
Ending balance		28		11		28		11
Total gains (losses) included in net income (loss) attributable to assets still held		0		0		0		0
Fixed maturity securities | Other asset-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		198		1,360		1,142		1,420
Total realized and unrealized gains (losses), Included in net income (loss)		(6)		0		(16)		3
Total realized and unrealized gains (losses), Included in OCI		7		(7)		3		10
Purchases		0		34		12		129
Sales		(5)		(14)		(25)		(22)
Issuances		0		0		0		0
Settlements		(5)		(50)		(19)		(234)
Transfer into Level 3		25	[1]	77	[1]	66	[2]	141	[1]
Transfer out of Level 3		(64)	[1]	(94)	[1]	(1,013)	[2]	(141)	[1]
Ending balance		150		1,306		150		1,306
Total gains (losses) included in net income (loss) attributable to assets still held		(6)		2		(16)		2
Fixed maturity securities | Non-U.S. government
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance				5				7
Total realized and unrealized gains (losses), Included in net income (loss)				0				0
Total realized and unrealized gains (losses), Included in OCI				0				(1)
Purchases				0				0
Sales				0				0
Issuances				0				0
Settlements				0				(1)
Transfer into Level 3	[1]			0				0
Transfer out of Level 3	[1]			(5)				(5)
Ending balance				0				0
Total gains (losses) included in net income (loss) attributable to assets still held				0				0
Equity Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		44		41		38		34
Total realized and unrealized gains (losses), Included in net income (loss)		0		0		0		0
Total realized and unrealized gains (losses), Included in OCI		0		0		0		0
Purchases		2		0		8		1
Sales		0		(4)		0		(5)
Issuances		0		0		0		0
Settlements		0		0		0		0
Transfer into Level 3		0	[1]	1	[1]	0	[2]	8	[1]
Transfer out of Level 3		0	[1]	0	[1]	0	[2]	0	[1]
Ending balance		46		38		46		38
Total gains (losses) included in net income (loss) attributable to assets still held		$ 0		$ 0		$ 0		$ 0
[1]	The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities.
[2]	The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. Most significantly, the majority of the transfers out of Level 3 related to a reclassification of collateralized loan obligation securities previously valued using a broker priced source to now being valued using third-party pricing services.
[3]	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

Gains and Losses Included in Ne

Gains and Losses Included in Net Income (Loss) from Assets Measured at Fair Value (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Fair value of financial instruments [Abstract]
Total realized and unrealized gains (losses) included in net income, assets	$ 9	$ 23	$ (35)	$ 20
Total gains (losses) included in net income attributable to assets still held, assets	(2)	22	11	17
Net Investment Income
Fair value of financial instruments [Abstract]
Total realized and unrealized gains (losses) included in net income, assets	11	9	(33)	30
Total gains (losses) included in net income attributable to assets still held, assets	9	8	23	23
Net Investment (Gains) Losses
Fair value of financial instruments [Abstract]
Total realized and unrealized gains (losses) included in net income, assets	(2)	14	(2)	(10)
Total gains (losses) included in net income attributable to assets still held, assets	$ (11)	$ 14	$ (12)	$ (6)

Summary of Significant Unobserv

Summary of Significant Unobservable Inputs Used for Fair Value Measurements Classified As Level 3 (Detail) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fixed maturity securities available-for-sale, at fair value		$ 63,780	$ 58,197
Derivative assets, fair value		1,355	1,129
Derivative liabilities, fair value		1,257	1,063
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative assets, fair value		1,331	1,112
Other invested assets | Equity index options
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative assets, fair value		61	30
Other invested assets | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative assets, fair value		4	17
Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value		816	704
Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value	[1]	439	352
Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value		364	342
Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value		13	10
Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fixed maturity securities available-for-sale, at fair value		4,347	5,180
Level 3 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative assets, fair value		$ 62	34
Level 3 | Other invested assets | Equity index options
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Discounted cash flows
Derivative assets, fair value		$ 61	30
Fair value input, equity index volatility, lower limit		0.00%
Fair value input, equity index volatility, upper limit		26.00%
Fair value input, equity index volatility, weighted-average		17.00%
Level 3 | Other invested assets | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value input, foreign exchange volatility, lower limit		9.00%
Valuation technique		Discounted cash flows
Fair value input, foreign exchange volatility, upper limit		12.00%
Derivative assets, fair value		$ 1	3
Fair value input, foreign exchange volatility, weighted-average		11.00%
Level 3 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value		$ 816	704
Level 3 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique	[1]	Stochastic cash flow model
Derivative liabilities, fair value	[1]	$ 439	352
Fair value, withdrawal utilization rate, lower limit	[1]	0.00%
Fair value, withdrawal utilization rate, upper limit	[1]	99.00%
Fair value, lapse rate, lower limit	[1]	0.00%
Fair value, lapse rate, upper limit	[1]	15.00%
Fair value input, credit spreads, lower limit	[1]	0.40%
Fair value input, credit spreads, upper limit	[1]	0.85%
Fair value input, equity index volatility, lower limit	[1]	15.00%
Fair value input, equity index volatility, upper limit	[1]	24.00%
Fair value, withdrawal utilization rate, weighted-average	[1]	68.00%
Fair value, lapse rate, weighted-average	[1]	6.00%
Fair value input, credit spreads, weighted-average	[1]	0.71%
Fair value input, equity index volatility, weighted-average	[1]	21.00%
Level 3 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Option budget method
Derivative liabilities, fair value		$ 364	342
Fair value, expected future interest credited, lower limit		0.00%
Fair value, expected future interest credited, upper limit		2.00%
Fair value, expected future interest credited, weighted-average		2.00%
Level 3 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Option budget method
Derivative liabilities, fair value		$ 13	$ 10
Fair value, expected future interest credited, lower limit		4.00%
Fair value, expected future interest credited, upper limit		9.00%
Fair value, expected future interest credited, weighted-average		6.00%
Internal Models | Level 3 | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 2,175
Fair value input, credit spreads, lower limit		0.70%
Fair value input, credit spreads, upper limit		5.28%
Fair value input, credit spreads, weighted-average		2.00%
Internal Models | Level 3 | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 537
Fair value input, credit spreads, lower limit		0.94%
Fair value input, credit spreads, upper limit		3.15%
Fair value input, credit spreads, weighted-average		1.58%
Internal Models | Level 3 | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 65
Fair value input, credit spreads, lower limit		1.13%
Fair value input, credit spreads, upper limit		3.59%
Fair value input, credit spreads, weighted-average		1.83%
Internal Models | Level 3 | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 746
Fair value input, credit spreads, lower limit		0.92%
Fair value input, credit spreads, upper limit		5.28%
Fair value input, credit spreads, weighted-average		2.53%
Internal Models | Level 3 | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 103
Fair value input, credit spreads, lower limit		1.07%
Fair value input, credit spreads, upper limit		3.26%
Fair value input, credit spreads, weighted-average		1.89%
Internal Models | Level 3 | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 53
Fair value input, credit spreads, lower limit		2.95%
Fair value input, credit spreads, upper limit		3.90%
Fair value input, credit spreads, weighted-average		3.72%
Internal Models | Level 3 | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 49
Fair value input, credit spreads, lower limit		1.39%
Fair value input, credit spreads, upper limit		3.46%
Fair value input, credit spreads, weighted-average		2.29%
Internal Models | Level 3 | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 136
Fair value input, credit spreads, lower limit		0.70%
Fair value input, credit spreads, upper limit		2.91%
Fair value input, credit spreads, weighted-average		1.36%
Internal Models | Level 3 | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 240
Fair value input, credit spreads, lower limit		0.70%
Fair value input, credit spreads, upper limit		3.13%
Fair value input, credit spreads, weighted-average		1.88%
Internal Models | Level 3 | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 115
Fair value input, credit spreads, lower limit		0.87%
Fair value input, credit spreads, upper limit		2.92%
Fair value input, credit spreads, weighted-average		1.70%
Internal Models | Level 3 | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 131
Fair value input, credit spreads, lower limit		0.84%
Fair value input, credit spreads, upper limit		1.87%
Fair value input, credit spreads, weighted-average		1.16%
Internal Models | Level 3 | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 1,396
Fair value input, credit spreads, lower limit		0.70%
Fair value input, credit spreads, upper limit		9.16%
Fair value input, credit spreads, weighted-average		1.55%
Internal Models | Level 3 | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 369
Fair value input, credit spreads, lower limit		0.94%
Fair value input, credit spreads, upper limit		1.92%
Fair value input, credit spreads, weighted-average		1.35%
Internal Models | Level 3 | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 153
Fair value input, credit spreads, lower limit		1.17%
Fair value input, credit spreads, upper limit		2.21%
Fair value input, credit spreads, weighted-average		1.65%
Internal Models | Level 3 | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 204
Fair value input, credit spreads, lower limit		0.90%
Fair value input, credit spreads, upper limit		2.55%
Fair value input, credit spreads, weighted-average		1.46%
Internal Models | Level 3 | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 132
Fair value input, credit spreads, lower limit		0.70%
Fair value input, credit spreads, upper limit		2.54%
Fair value input, credit spreads, weighted-average		1.58%
Internal Models | Level 3 | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 81
Fair value input, credit spreads, lower limit		1.17%
Fair value input, credit spreads, upper limit		2.54%
Fair value input, credit spreads, weighted-average		1.91%
Internal Models | Level 3 | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 103
Fair value input, credit spreads, lower limit		1.32%
Fair value input, credit spreads, upper limit		2.54%
Fair value input, credit spreads, weighted-average		1.95%
Internal Models | Level 3 | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 124
Fair value input, credit spreads, lower limit		1.17%
Fair value input, credit spreads, upper limit		2.21%
Fair value input, credit spreads, weighted-average		1.55%
Internal Models | Level 3 | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 71
Fair value input, credit spreads, lower limit		1.10%
Fair value input, credit spreads, upper limit		1.86%
Fair value input, credit spreads, weighted-average		1.50%
Internal Models | Level 3 | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 145
Fair value input, credit spreads, lower limit		0.95%
Fair value input, credit spreads, upper limit		2.43%
Fair value input, credit spreads, weighted-average		1.41%
Internal Models | Level 3 | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value		$ 14
Fair value input, credit spreads, lower limit		1.05%
Fair value input, credit spreads, upper limit		9.16%
Fair value input, credit spreads, weighted-average		3.45%
[1]	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

Liabilities by Class of Instrum

Liabilities by Class of Instrument that are Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		$ 1,257	$ 1,063
Borrowings related to securitization entities		11	81
Total liabilities		1,268	1,144
Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		816	704
Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	439	352
Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		364	342
Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		13	10
Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		441	359
Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		397	220
Other liabilities | Interest rate swaps related to securitization entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			30
Other liabilities | Inflation indexed swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			33
Other liabilities | Foreign currency swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		5	27
Other liabilities | Credit default swaps related to securitization entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		2	14
Other liabilities | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		32	34
Other liabilities | Equity return swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		5	1
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Borrowings related to securitization entities		0	0
Total liabilities		0	0
Level 1 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	0	0
Level 1 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Other liabilities | Interest rate swaps related to securitization entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			0
Level 1 | Other liabilities | Inflation indexed swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			0
Level 1 | Other liabilities | Foreign currency swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Other liabilities | Credit default swaps related to securitization entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Other liabilities | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Other liabilities | Equity return swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Borrowings related to securitization entities		0	0
Total liabilities		441	345
Level 2 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 2 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	0	0
Level 2 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 2 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 2 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		441	345
Level 2 | Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		397	220
Level 2 | Other liabilities | Interest rate swaps related to securitization entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			30
Level 2 | Other liabilities | Inflation indexed swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			33
Level 2 | Other liabilities | Foreign currency swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		5	27
Level 2 | Other liabilities | Credit default swaps related to securitization entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		2	0
Level 2 | Other liabilities | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		32	34
Level 2 | Other liabilities | Equity return swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		5	1
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Borrowings related to securitization entities		11	81
Total liabilities		827	799
Level 3 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		816	704
Level 3 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	439	352
Level 3 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		364	342
Level 3 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		13	10
Level 3 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	14
Level 3 | Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 3 | Other liabilities | Interest rate swaps related to securitization entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			0
Level 3 | Other liabilities | Inflation indexed swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			0
Level 3 | Other liabilities | Foreign currency swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 3 | Other liabilities | Credit default swaps related to securitization entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	14
Level 3 | Other liabilities | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 3 | Other liabilities | Equity return swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		$ 0	$ 0
[1]	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

Liabilities Measured at Fair Va

Liabilities Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		$ 869	$ 678	$ 799	$ 676
Total realized and unrealized (gains) losses included in net (income) loss		(50)	90	1	38
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	1	0	3
Sales		0	0	0	0
Issuances		11	26	43	82
Settlements		(3)	(1)	(13)	(5)
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	(3)	0
Ending balance		827	794	827	794
Total (gains) losses included in net (income) loss attributable to liabilities still held		(46)	88	88	40
Derivative liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance			8	14	17
Total realized and unrealized (gains) losses included in net (income) loss			1	(13)	(10)
Total realized and unrealized (gains) losses included in OCI			0	0	0
Purchases			1	0	3
Sales			0	0	0
Issuances			0	0	0
Settlements			0	2	0
Transfer into Level 3			0	0	0
Transfer out of Level 3			0	(3)	0
Ending balance		0	10	0	10
Total (gains) losses included in net (income) loss attributable to liabilities still held			1	0	(10)
Credit default swaps related to securitization entities | Derivative liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance			8	14	17
Total realized and unrealized (gains) losses included in net (income) loss			1	(13)	(10)
Total realized and unrealized (gains) losses included in OCI			0	0	0
Purchases			1	0	3
Sales			0	0	0
Issuances			0	0	0
Settlements			0	2	0
Transfer into Level 3			0	0	0
Transfer out of Level 3			0	(3)	0
Ending balance		0	10	0	10
Total (gains) losses included in net (income) loss attributable to liabilities still held			1	0	(10)
Policyholder account balances
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		858	586	704	574
Total realized and unrealized (gains) losses included in net (income) loss		(50)	93	79	54
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		11	26	43	81
Settlements		(3)	(1)	(10)	(5)
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	0	0
Ending balance		816	704	816	704
Total (gains) losses included in net (income) loss attributable to liabilities still held		(46)	91	88	56
Policyholder account balances | GMWB embedded derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	[1]	494	255	352	291
Total realized and unrealized (gains) losses included in net (income) loss	[1]	(63)	126	63	73
Total realized and unrealized (gains) losses included in OCI	[1]	0	0	0	0
Purchases	[1]	0	0	0	0
Sales	[1]	0	0	0	0
Issuances	[1]	8	9	24	26
Settlements	[1]	0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance	[1]	439	390	439	390
Total (gains) losses included in net (income) loss attributable to liabilities still held	[1]	(59)	124	72	75
Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		351	322	342	276
Total realized and unrealized (gains) losses included in net (income) loss		16	(31)	22	(14)
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	14	10	47
Settlements		(3)	(1)	(10)	(5)
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	0	0
Ending balance		364	304	364	304
Total (gains) losses included in net (income) loss attributable to liabilities still held		16	(31)	22	(14)
Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		13	9	10	7
Total realized and unrealized (gains) losses included in net (income) loss		(3)	(2)	(6)	(5)
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		3	3	9	8
Settlements		0	0	0	0
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	0	0
Ending balance		13	10	13	10
Total (gains) losses included in net (income) loss attributable to liabilities still held		(3)	(2)	(6)	(5)
Borrowings related to securitization entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		11	84	81	85
Total realized and unrealized (gains) losses included in net (income) loss		0	(4)	(65)	(6)
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	1
Settlements		0	0	(5)	0
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	0	0
Ending balance		11	80	11	80
Total (gains) losses included in net (income) loss attributable to liabilities still held		$ 0	$ (4)	$ 0	$ (6)
[1]	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

Gains and Losses Included in 78

Gains and Losses Included in Net (Income) Loss from Liabilities Measured at Fair Value (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total realized and unrealized (gains) losses included in net (income), liabilities	$ (50)	$ 90	$ 1	$ 38
Total (gains) losses included in net (income) attributable to liabilities still held, liabilities	(46)	88	88	40
Net Investment Income
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total realized and unrealized (gains) losses included in net (income), liabilities	0	0	0	0
Total (gains) losses included in net (income) attributable to liabilities still held, liabilities	0	0	0	0
Net Investment (Gains) Losses
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total realized and unrealized (gains) losses included in net (income), liabilities	(50)	90	1	38
Total (gains) losses included in net (income) attributable to liabilities still held, liabilities	$ (46)	$ 88	$ 88	$ 40

Activity Impacting Deferred Acq

Activity Impacting Deferred Acquisition Costs (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Deferred Policy Acquisition Costs [Line Items]
Unamortized beginning balance	$ 4,569	$ 5,200
Impact of foreign currency translation	8	(20)
Costs deferred	124	228
Amortization, net of interest accretion	(257)	(266)
Impairment	0	(455)
Unamortized ending balance	4,444	4,687
Accumulated effect of net unrealized investment (gains) losses	(462)	(246)
Ending balance	$ 3,982	$ 4,441	$ 4,398

Deferred Acquisition Costs - Ad

Deferred Acquisition Costs - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2016	Sep. 30, 2015
Deferred Policy Acquisition Costs [Line Items]
Deferred Policy acquistion costs amortization			$ 257	$ 266
DAC impairment related to life block transaction			$ 0	455
Loss Recognition Testing | Immediate Fixed Annuity
Deferred Policy Acquisition Costs [Line Items]
Deferred Policy acquistion costs amortization		$ 14
Increase in future policy benefit reserves	$ 6	$ 18
Life Block Transaction | Loss Recognition Testing | Term Life Insurance
Deferred Policy Acquisition Costs [Line Items]
DAC impairment related to life block transaction				$ 455

Liability for Policy and Cont81

Liability for Policy and Contract Claims (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Liability for Claims and Claims Adjustment Expense [Line Items]
Total liability for policy and contract claims	$ 8,869	$ 8,095
Long-term Care Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Total liability for policy and contract claims	7,654	6,749	$ 6,583	$ 6,216
U.S. Mortgage Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Total liability for policy and contract claims	658	849
Australia Mortgage Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Total liability for policy and contract claims	215	165
Life Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Total liability for policy and contract claims	195	202
Canada Mortgage Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Total liability for policy and contract claims	112	87
Fixed Annuities
Liability for Claims and Claims Adjustment Expense [Line Items]
Total liability for policy and contract claims	16	18
Runoff
Liability for Claims and Claims Adjustment Expense [Line Items]
Total liability for policy and contract claims	12	18
Other Countries Mortgage Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Total liability for policy and contract claims	$ 7	$ 7

Changes in Liability for Policy

Changes in Liability for Policy and Contract Claims (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Beginning balance	$ 8,095
Ending balance	8,869
Long-term Care Insurance
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Beginning balance	6,749	$ 6,216
Less reinsurance recoverables	(2,055)	(1,926)
Net beginning balance	4,694	4,290
Current year	1,546	1,241
Prior years	378	6
Total incurred	1,924	1,247
Current year	(82)	(75)
Prior years	(1,160)	(1,050)
Total paid	(1,242)	(1,125)
Interest on liability for policy and contract claims	188	172
Net ending balance	5,564	4,584
Add reinsurance recoverables	2,090	1,999
Ending balance	$ 7,654	$ 6,583

Liability for Policy and Cont83

Liability for Policy and Contract Claims - Additional Information (Detail) - Long-term Care Insurance - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Jun. 30, 2016	Sep. 30, 2016	Sep. 30, 2015
Liability for Claims and Claims Adjustment Expense [Line Items]
Increase (Decrease) in liability for policy and contract claims		$ 905
Increase (Decrease) in claim reserves		460
Increase (Decrease) in reinsurance recoverable		25
Incurred related to insured events of prior year		378	$ 6
Changes in Assumptions and Methodologies
Liability for Claims and Claims Adjustment Expense [Line Items]
Increase (Decrease) in reinsurance recoverable		25
Incurred related to insured events of prior year		$ 305
Claim Reserve Refinement
Liability for Claims and Claims Adjustment Expense [Line Items]
Increase (Decrease) in claim reserves	$ (39)

Borrowings and Other Financin84

Borrowings and Other Financings - Additional Information (Detail) AUD in Millions, $ in Millions		1 Months Ended		3 Months Ended				9 Months Ended			12 Months Ended
		Jun. 30, 2016AUD	Jan. 31, 2016USD ($)	Sep. 30, 2016USD ($)		Mar. 31, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)		Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)		Sep. 30, 2016CAD		May 20, 2016CAD	Apr. 30, 2016USD ($)
Debt Instrument [Line Items]
Pre-tax gain (loss) on repurchase of senior notes	[1]			$ 0			$ (2)	$ 48		$ (2)
Broker, advisor and investment banking fees				0			0	18		0
Redemption of secured debt								1,620		45
Gains (losses) from life block transactions				0			(455)	(9)		(455)
Repurchase agreements, fair value of securities pledged				0				0			$ 231
Repurchase agreements, fair value of repurchase obligation				0				0			229
Securities lending activity, obligation to return collateral				$ 417				$ 417			347
Risks associated with repurchase agreements and securities lending programs								Our repurchase agreement and securities lending programs expose us to liquidity risk if we did not have enough cash or collateral readily available to return to the counterparty when required to do so under the agreements. We manage this risk by regularly monitoring our available sources of cash and collateral to ensure we can meet short-term liquidity demands under normal and stressed scenarios. We are also exposed to credit risk in the event of default of our counterparties or changes in collateral values. This risk is significantly reduced because our programs require over collateralization and collateral exposures are trued up on a daily basis. We manage this risk by using multiple counterparties and ensuring that changes in required collateral are monitored and adjusted daily. We also monitor the creditworthiness, including credit ratings, of our counterparties on a regular basis.
United States
Debt Instrument [Line Items]
Cash and government securities collateral, minimum amount of the fair value of the applicable securities loaned				102.00%				102.00%					102.00%
Securities lending activity, fair value of securities loaned				$ 401				$ 401			334
Securities lending activity, fair value of collateral held				417				417			347
Securities lending activity, obligation to return collateral				$ 417				$ 417			347
Canada
Debt Instrument [Line Items]
Cash and government securities collateral, minimum amount of the fair value of the applicable securities loaned				105.00%				105.00%					105.00%
Securities lending activity, fair value of securities loaned				$ 364				$ 364			340
Life Block Transaction | Term Life Insurance
Debt Instrument [Line Items]
Gains (losses) from life block transactions						$ (9)	(455)
Non-Recourse Funding Obligations | Floating Rate Subordinated Notes Due 2033
Debt Instrument [Line Items]
Redemption of secured debt						975
Debt instrument, maturity year								2,033
Non-Recourse Funding Obligations | Floating Rate Subordinated Notes Due in 2035
Debt Instrument [Line Items]
Redemption of secured debt						645
Debt instrument, maturity year								2,035
Genworth Holdings
Debt Instrument [Line Items]
Pre-tax make-whole expense on redemption of senior notes			$ 20
Aggregate principal amount of notes repurchased						28	50			$ 50
Pre-tax gain (loss) on repurchase of senior notes						4	$ (1)
Total Fees related to Consent Solicitation						61
Bond consent fees				$ 40	[2]	43		$ 40	[2]		$ 0	[2]
Broker, advisor and investment banking fees						$ 18
Genworth Holdings | Revolving Credit Facility Maturing September 2016
Debt Instrument [Line Items]
Facility, maximum borrowing capacity																$ 300
Line of credit maturity date								Sep. 26, 2016
Outstanding line of credit																$ 0
Genworth Holdings | 8.625% Senior Notes, Due 2016
Debt Instrument [Line Items]
Redemption of Long-term borrowings			$ 298
Interest rate			8.625%	8.625%	[2]			8.625%	[2]		8.625%	[2]	8.625%	[2]
Pre-tax make-whole expense on redemption of senior notes			$ 20
Debt instrument, maturity year	[2]							2,016			2,016
Genworth MI Canada Inc. | Senior unsecured revolving credit facility Due on May 20, 2019
Debt Instrument [Line Items]
Facility, maximum borrowing capacity | CAD															CAD 100,000,000
Line of credit maturity date								May 20, 2019
Outstanding line of credit | CAD													CAD 0
Genworth Financial Mortgage Insurance Pty Limited | Floating Rate Junior Notes, Due 2021
Debt Instrument [Line Items]
Redemption of Long-term borrowings | AUD		AUD 50
Variable interest		4.75%
[1]	For the three and nine months ended September 30, 2015, (gains) losses on the early extinguishment of debt were adjusted for the portion attributable to noncontrolling interests of $(1) million.
[2]	We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread.

Borrowings and Other Financin85

Borrowings and Other Financings - Long Term Borrowings (Detail) - USD ($) $ in Millions		Sep. 30, 2016		Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Deferred borrowing charges		$ (5)			$ (15)
Total		4,194			4,570
Genworth Holdings
Debt Instrument [Line Items]
Long-term borrowings	[1]	3,774			4,100
Bond consent fees		(40)	[1]	$ (43)	0	[1]
Deferred borrowing charges	[1]	(20)			(21)
Total	[1]	3,714			4,079
Genworth Holdings | 8.625% Senior Notes, Due 2016
Debt Instrument [Line Items]
Long-term borrowings	[1]	0			298
Genworth Holdings | 6.52% Senior Notes, Due 2018
Debt Instrument [Line Items]
Long-term borrowings	[1]	597			598
Genworth Holdings | 7.70% Senior Notes, Due 2020
Debt Instrument [Line Items]
Long-term borrowings	[1]	397			397
Genworth Holdings | 7.20% Senior Notes, Due 2021
Debt Instrument [Line Items]
Long-term borrowings	[1]	381			389
Genworth Holdings | 7.625% Senior Notes, Due 2021
Debt Instrument [Line Items]
Long-term borrowings	[1]	705			724
Genworth Holdings | 4.90% Senior Notes, Due 2023
Debt Instrument [Line Items]
Long-term borrowings	[1]	399			399
Genworth Holdings | 4.80% Senior Notes, Due 2024
Debt Instrument [Line Items]
Long-term borrowings	[1]	400			400
Genworth Holdings | 6.50% Senior Notes, Due 2034
Debt Instrument [Line Items]
Long-term borrowings	[1]	297			297
Genworth Holdings | 6.15% Fixed-to-Floating Rate Junior Subordinated Notes, Due 2066
Debt Instrument [Line Items]
Long-term borrowings	[1]	598			598
Genworth MI Canada Inc.
Debt Instrument [Line Items]
Long-term borrowings	[2]	332			315
Deferred borrowing charges	[2]	(2)			(2)
Total	[2]	330			313
Genworth MI Canada Inc. | 5.68% Senior Notes, Due 2020
Debt Instrument [Line Items]
Long-term borrowings	[2]	210			199
Genworth MI Canada Inc. | 4.24% Senior Notes, due 2024
Debt Instrument [Line Items]
Long-term borrowings	[2]	122			116
Genworth Financial Mortgage Insurance Pty Limited
Debt Instrument [Line Items]
Long-term borrowings	[3]	153			182
Deferred borrowing charges	[3]	(3)			(4)
Total	[3]	150			178
Genworth Financial Mortgage Insurance Pty Limited | Floating Rate Junior Notes, Due 2021
Debt Instrument [Line Items]
Long-term borrowings	[3]	0			36
Genworth Financial Mortgage Insurance Pty Limited | Floating Rate Junior Notes, Due 2025
Debt Instrument [Line Items]
Long-term borrowings	[3]	$ 153			$ 146
[1]	We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread.
[2]	Senior notes issued by Genworth Canada, our majority-owned subsidiary.
[3]	Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited, our indirect wholly-owned subsidiary.

Borrowings and Other Financin86

Borrowings and Other Financings - Long Term Borrowings (Parenthetical) (Detail)		9 Months Ended			12 Months Ended
		Sep. 30, 2016		Sep. 30, 2015	Dec. 31, 2015		Jan. 31, 2016
Genworth Holdings | Senior Notes
Debt Instrument [Line Items]
Debt redemption description		We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread.
Genworth Holdings | Senior Notes | Minimum
Debt Instrument [Line Items]
Redemption price percentage		100.00%
8.625% Senior Notes, Due 2016 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate		8.625%	[1]		8.625%	[1]	8.625%
Debt instrument, maturity year	[1]	2,016			2,016
6.52% Senior Notes, Due 2018 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	[1]	6.52%			6.52%
Debt instrument, maturity year	[1]	2,018			2,018
7.70% Senior Notes, Due 2020 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	[1]	7.70%			7.70%
Debt instrument, maturity year	[1]	2,020			2,020
7.20% Senior Notes, Due 2021 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	[1]	7.20%			7.20%
Debt instrument, maturity year	[1]	2,021			2,021
7.625% Senior Notes, Due 2021 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	[1]	7.625%			7.625%
Debt instrument, maturity year	[1]	2,021			2,021
4.90% Senior Notes, Due 2023 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	[1]	4.90%			4.90%
Debt instrument, maturity year	[1]	2,023			2,023
4.80% Senior Notes, Due 2024 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	[1]	4.80%			4.80%
Debt instrument, maturity year	[1]	2,024			2,024
6.50% Senior Notes, Due 2034 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	[1]	6.50%			6.50%
Debt instrument, maturity year	[1]	2,034			2,034
6.15% Fixed-to-Floating Rate Junior Subordinated Notes, Due 2066 | Genworth Holdings
Debt Instrument [Line Items]
Interest rate	[1]	6.15%			6.15%
Debt instrument, maturity year	[1]	2,066			2,066
5.68% Senior Notes, Due 2020 | Genworth MI Canada Inc.
Debt Instrument [Line Items]
Interest rate	[2]	5.68%			5.68%
Debt instrument, maturity year	[2]	2,020			2,020
4.24% Senior Notes, due 2024 | Genworth MI Canada Inc.
Debt Instrument [Line Items]
Interest rate	[2]	4.24%			4.24%
Debt instrument, maturity year	[2]	2,024			2,024
Floating Rate Junior Notes, Due 2021 | Genworth Financial Mortgage Insurance Pty Limited
Debt Instrument [Line Items]
Debt instrument, maturity year		2,021	[3]	2,021	2,021	[3]
Floating Rate Junior Notes, Due 2025 | Genworth Financial Mortgage Insurance Pty Limited
Debt Instrument [Line Items]
Debt instrument, maturity year	[3]	2,025			2,025
[1]	We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread.
[2]	Senior notes issued by Genworth Canada, our majority-owned subsidiary.
[3]	Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited, our indirect wholly-owned subsidiary.

Schedule of Non-recourse Fundin

Schedule of Non-recourse Funding Obligations of Special Purpose Consolidated Captive Insurance Subsidiaries (Detail) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Nonrecourse Funding Obligations [Line Items]
Non-recourse funding obligations		$ 315	$ 1,935
Deferred borrowing charges		(5)	(15)
Total		310	1,920
River Lake Insurance Company (a), Due 2033
Nonrecourse Funding Obligations [Line Items]
Non-recourse funding obligations	[1]	0	570
River Lake Insurance Company (b), Due 2033
Nonrecourse Funding Obligations [Line Items]
Non-recourse funding obligations	[2]	0	405
River Lake Insurance Company II (a), Due 2035
Nonrecourse Funding Obligations [Line Items]
Non-recourse funding obligations	[1]	0	192
River Lake Insurance Company II (b), Due 2035
Nonrecourse Funding Obligations [Line Items]
Non-recourse funding obligations	[2]	0	453
Rivermont Life Insurance Company I (a), due 2050
Nonrecourse Funding Obligations [Line Items]
Non-recourse funding obligations	[1]	$ 315	$ 315
[1]	Accrual of interest based on one-month London Interbank Offered Rate ("LIBOR") that resets every 28 days plus a fixed margin.
[2]	Accrual of interest based on one-month LIBOR that resets on a specified date each month plus a contractual margin

Schedule of Non-recourse Fund88

Schedule of Non-recourse Funding Obligations of Special Purpose Consolidated Captive Insurance Subsidiaries (Parenthetical) (Detail)		9 Months Ended	12 Months Ended
		Sep. 30, 2016	Dec. 31, 2015
Nonrecourse Funding Obligations [Line Items]
Interest rate reset period, number of days		28 days	28 days
River Lake Insurance Company (a), Due 2033
Nonrecourse Funding Obligations [Line Items]
Debt instrument, maturity year	[1]	2,033	2,033
River Lake Insurance Company (b), Due 2033
Nonrecourse Funding Obligations [Line Items]
Debt instrument, maturity year	[2]	2,033	2,033
River Lake Insurance Company II (a), Due 2035
Nonrecourse Funding Obligations [Line Items]
Debt instrument, maturity year	[1]	2,035	2,035
River Lake Insurance Company II (b), Due 2035
Nonrecourse Funding Obligations [Line Items]
Debt instrument, maturity year	[2]	2,035	2,035
Rivermont Life Insurance Company I (a), due 2050
Nonrecourse Funding Obligations [Line Items]
Debt instrument, maturity year	[1]	2,050	2,050
[1]	Accrual of interest based on one-month London Interbank Offered Rate ("LIBOR") that resets every 28 days plus a fixed margin.
[2]	Accrual of interest based on one-month LIBOR that resets on a specified date each month plus a contractual margin

Remaining Contractual Maturity

Remaining Contractual Maturity of Agreements (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	$ 0	$ 229
Securities lending	417	347
Total repurchase agreements and securities lending	417	576
U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	0	229
Equity Securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	5	5
Fixed maturity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	412	342
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	78	18
Fixed maturity securities | Non-U.S. government
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	61	39
Fixed maturity securities | U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	163	95
Fixed maturity securities | Non-U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	110	190
Overnight and continuous
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	417	347
Total repurchase agreements and securities lending	417	347
Overnight and continuous | U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	0	0
Overnight and continuous | Equity Securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	5	5
Overnight and continuous | Fixed maturity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	412	342
Overnight and continuous | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	78	18
Overnight and continuous | Fixed maturity securities | Non-U.S. government
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	61	39
Overnight and continuous | Fixed maturity securities | U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	163	95
Overnight and continuous | Fixed maturity securities | Non-U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	110	190
Up to 30 days
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Total repurchase agreements and securities lending	0	58
Up to 30 days | U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	0	58
Up to 30 days | Equity Securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Up to 30 days | Fixed maturity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Up to 30 days | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Up to 30 days | Fixed maturity securities | Non-U.S. government
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Up to 30 days | Fixed maturity securities | U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Up to 30 days | Fixed maturity securities | Non-U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
31 - 90 days
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Total repurchase agreements and securities lending	0	25
31 - 90 days | U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	0	25
31 - 90 days | Equity Securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
31 - 90 days | Fixed maturity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
31 - 90 days | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
31 - 90 days | Fixed maturity securities | Non-U.S. government
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
31 - 90 days | Fixed maturity securities | U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
31 - 90 days | Fixed maturity securities | Non-U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Greater than 90 days
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Total repurchase agreements and securities lending	0	146
Greater than 90 days | U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	0	146
Greater than 90 days | Equity Securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Greater than 90 days | Fixed maturity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Greater than 90 days | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Greater than 90 days | Fixed maturity securities | Non-U.S. government
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Greater than 90 days | Fixed maturity securities | U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	0	0
Greater than 90 days | Fixed maturity securities | Non-U.S. corporate
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities lending	$ 0	$ 0

Reconciliation of Federal Statu

Reconciliation of Federal Statutory Tax Rate to Effective Income Tax Rate (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Tax Examination [Line Items]
Pre-tax income (loss)	$ (125)	$ (351)	$ 376	$ 188
Statutory U.S. federal income tax rate	(44)	(123)	132	66
State income tax, net of federal income tax effect	0	(1)	1	3
Benefit on tax favored investments	1	(9)	(2)	(14)
Effect of foreign operations	5	(3)	(12)	(33)
Non-deductible expenses	(1)	0	(1)	1
Interest on uncertain tax positions	0	1	0	1
Valuation allowance	265	0	240	0
Stock-based compensation	2	2	5	4
Loss on sale of business	0	0	(1)	0
Other, net	(6)	(1)	(7)	(1)
Total provision (benefit) for income taxes	$ 222	$ (134)	$ 355	$ 27
Statutory U.S. federal income tax rate	35.00%	35.00%	35.00%	35.00%
State income tax, net of federal income tax effect	0.00%	0.40%	0.20%	1.40%
Benefit on tax favored investments	(0.70%)	2.50%	(0.50%)	(7.20%)
Effect of foreign operations	(3.90%)	0.80%	(3.30%)	(17.50%)
Non-deductible expenses	0.50%	0.00%	(0.10%)	0.60%
Interest on uncertain tax positions	0.00%	(0.20%)	0.00%	0.40%
Reversal of valuation allowance	(212.90%)	0.00%	63.80%	0.00%
Stock-based compensation	(1.80%)	(0.50%)	1.40%	2.00%
Loss on sale of business	0.00%	0.00%	(0.20%)	0.00%
Other, net	4.80%	0.10%	(1.80%)	(0.40%)
Effective rate	(179.00%)	38.10%	94.50%	14.30%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Taxes [Line Items]
Deferred tax assets related to foreign tax credits that are no longer expected to be realized in current year	$ 265	$ 0	$ 240	$ 0
Foreign
Income Taxes [Line Items]
Deferred tax assets related to foreign tax credits that are no longer expected to be realized in current year	$ 265		$ 265

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Millions		Jun. 24, 2016USD ($)	Jun. 30, 2016USD ($)	Jan. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Sep. 30, 2016USD ($)Segment		Sep. 30, 2015USD ($)	Dec. 31, 2015	[2]
Segment Reporting Information [Line Items]
Number of operating segments | Segment										5
Assumed tax rate on adjustments to net operating income										35.00%
Gain (loss) on sale of business, before taxes					$ 0			$ 0		$ 3		$ 0
Gain related to early extinguishment of debt	[1]				0			(2)		48		(2)
Gains (losses) from life block transactions, pre-tax					0			(455)		(9)		(455)
Restructuring charges					2	$ 5	$ 15		$ 3
Fees associated with bond consent solicitation					$ 0			0		$ 18		0
Borrowings related to securitization entities
Segment Reporting Information [Line Items]
Settlement of outstanding restricted debt			$ 70
Gain related to early extinguishment of debt			$ 64
Term Life Insurance New Business Platform
Segment Reporting Information [Line Items]
Gain (loss) on sale of business, before taxes		$ 12
Gain (loss) on sale of business, tax expense (benefit)		$ 4
European Mortgage Insurance Business
Segment Reporting Information [Line Items]
Gain (loss) on sale of business, before taxes						$ (2)	(7)
Gain (loss) on sale of business, tax expense (benefit)							(27)	7
Life Block Transaction | Term Life Insurance
Segment Reporting Information [Line Items]
Gains (losses) from life block transactions, pre-tax							(9)	(455)
Genworth Holdings
Segment Reporting Information [Line Items]
Gain related to early extinguishment of debt							4	(1)
Pre-tax make-whole expense				$ 20
Principal amount of notes repurchased							28	50				$ 50
Fees associated with bond consent solicitation							$ 18
Genworth Financial Mortgage Insurance Pty Limited | Floating Rate Junior Notes, Due 2021
Segment Reporting Information [Line Items]
Gains (losses) on early extinguishment of debt, net								$ (1)
Debt instrument, maturity year										2,021	[2]	2,021	2,021
[1]	For the three and nine months ended September 30, 2015, (gains) losses on the early extinguishment of debt were adjusted for the portion attributable to noncontrolling interests of $(1) million.
[2]	Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited, our indirect wholly-owned subsidiary.

Summary of Revenues for Segment

Summary of Revenues for Segments and Corporate and Other Activities (Detail) - 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]
Revenues	$ 2,150	$ 2,100	$ 6,171	$ 6,392
Segment, Continuing Operations | U.S. Mortgage Insurance
Segment Reporting Information [Line Items]
Revenues	186	161	537	497
Segment, Continuing Operations | Canada Mortgage Insurance
Segment Reporting Information [Line Items]
Revenues	156	124	463	429
Segment, Continuing Operations | Australia Mortgage Insurance
Segment Reporting Information [Line Items]
Revenues	115	122	333	360
Segment, Continuing Operations | Long-term Care Insurance
Segment Reporting Information [Line Items]
Revenues	980	949	3,051	2,769
Segment, Continuing Operations | Life Insurance
Segment Reporting Information [Line Items]
Revenues	418	455	953	1,419
Segment, Continuing Operations | Fixed Annuities
Segment Reporting Information [Line Items]
Revenues	218	221	613	683
Segment, Continuing Operations | U.S. Life Insurance
Segment Reporting Information [Line Items]
Revenues	1,616	1,625	4,617	4,871
Segment, Continuing Operations | Runoff
Segment Reporting Information [Line Items]
Revenues	84	53	218	209
Segment, Continuing Operations | Corporate and Other
Segment Reporting Information [Line Items]
Revenues	$ (7)	$ 15	$ 3	$ 26

Summary of Net Operating Income

Summary of Net Operating Income (Loss) for Segments and Corporate and Other Activities (Detail) - 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]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		$ (405)	$ 64	$ (179)	$ 337
Net investment gains (losses), net	[1]	18	(33)	38	(29)
Gains (losses) on sale of businesses		0	0	3	0
Gains (losses) on early extinguishment of debt	[2]	0	(2)	48	(2)
Gains (losses) from life block transactions		0	(455)	(9)	(455)
Expenses related to restructuring		(2)	0	(22)	(3)
Fees associated with bond consent solicitation		0	0	(18)	0
Taxes on adjustments		(6)	163	9	163
Income (loss) from continuing operations available to Genworth Financial, Inc.'s common stockholders		(395)	(263)	(130)	11
Add: income from continuing operations attributable to noncontrolling interests		48	46	151	150
Income (loss) from continuing operations		(347)	(217)	21	161
Loss from discontinued operations, net of taxes		15	(21)	(25)	(334)
Net income (loss)		(332)	(238)	(4)	(173)
Less: net income attributable to noncontrolling interests		48	46	151	150
Net income (loss) available to Genworth Financial, Inc.'s common stockholders		(380)	(284)	(155)	(323)
Segment, Continuing Operations | U.S. Mortgage Insurance
Segment Reporting Information [Line Items]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		67	37	189	138
Segment, Continuing Operations | Canada Mortgage Insurance
Segment Reporting Information [Line Items]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		36	38	107	115
Segment, Continuing Operations | Australia Mortgage Insurance
Segment Reporting Information [Line Items]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		14	21	48	80
Segment, Continuing Operations | Long-term Care Insurance
Segment Reporting Information [Line Items]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		(270)	(10)	(199)	10
Segment, Continuing Operations | Life Insurance
Segment Reporting Information [Line Items]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		48	31	110	93
Segment, Continuing Operations | Fixed Annuities
Segment Reporting Information [Line Items]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		15	19	28	75
Segment, Continuing Operations | U.S. Life Insurance
Segment Reporting Information [Line Items]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		(207)	40	(61)	178
Segment, Continuing Operations | Runoff
Segment Reporting Information [Line Items]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		12	(4)	22	16
Segment, Continuing Operations | Corporate and Other
Segment Reporting Information [Line Items]
Net operating income (loss) available to Genworth Financial, Inc.'s common stockholders		$ (327)	$ (68)	$ (484)	$ (190)
[1]	For the three months ended September 30, 2016 and 2015, net investment gains (losses) were adjusted for DAC and other intangible amortization and certain benefit reserves of zero and $10 million, respectively, and adjusted for net investment (gains) losses attributable to noncontrolling interests of $(2) million and $8 million, respectively. For the nine months ended September 30, 2016 and 2015, net investment gains (losses) were adjusted for DAC and other intangible amortization and certain benefit reserves of $15 million and $24 million, respectively, and adjusted for net investment (gains) losses attributable to noncontrolling interests of $(8) million and $6 million, respectively.
[2]	For the three and nine months ended September 30, 2015, (gains) losses on the early extinguishment of debt were adjusted for the portion attributable to noncontrolling interests of $(1) million.

Summary of Net Operating Inco95

Summary of Net Operating Income (Loss) for Segments and Corporate and Other Activities (Parenthetical) (Detail) - 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]
Adjustment to (gains) losses on extinguishment of debt for portion attributable to noncontrolling interests		$ (1)		$ (1)
Net Investment (Gains) Losses
Segment Reporting Information [Line Items]
Adjustment for DAC and other intangibles and certain benefit reserves	$ 0	10	$ 15	24
Adjustment for portion attributable to noncontrolling interests	$ (2)	$ 8	$ (8)	$ 6

Summary of Total Assets for Seg

Summary of Total Assets for Segments and Corporate and Other Activities (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Assets held for sale	$ 0	$ 127
Total assets	108,852	106,431
Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	108,852	106,304
Segment, Continuing Operations | U.S. Mortgage Insurance
Segment Reporting Information [Line Items]
Total assets	2,667	2,899
Segment, Continuing Operations | Canada Mortgage Insurance
Segment Reporting Information [Line Items]
Total assets	4,983	4,520
Segment, Continuing Operations | Australia Mortgage Insurance
Segment Reporting Information [Line Items]
Total assets	2,794	2,987
Segment, Continuing Operations | U.S. Life Insurance
Segment Reporting Information [Line Items]
Total assets	85,016	79,530
Segment, Continuing Operations | Runoff
Segment Reporting Information [Line Items]
Total assets	11,503	12,115
Segment, Continuing Operations | Corporate and Other
Segment Reporting Information [Line Items]
Total assets	$ 1,889	$ 4,253

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)
Commitments and Contingencies Disclosure [Line Items]
Self insured retention	$ 25
Commitment to fund limited partnership investments	188
Commitment to fund U.S. commercial mortgage loan investments	106
Commitment to fund private placement investments	43
Long-term Care Insurance Class Action Lawsuit
Commitments and Contingencies Disclosure [Line Items]
Settlement payment	(219)
Long-term Care Insurance Class Action Lawsuit | Insurance Carriers
Commitments and Contingencies Disclosure [Line Items]
Settlement payment	(150)
Long-term Care Insurance Class Action Lawsuit | Genworth Financial, Inc.
Commitments and Contingencies Disclosure [Line Items]
Settlement payment	(69)
Legal fees	10
Settlement payment and legal fees incurred	$ 79

Component of Changes in Accumul

Component of Changes in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Net unrealized investment gains (losses), beginning of period	[1]	$ 2,789	$ 1,628	$ 1,254	$ 2,453
Net unrealized investment gains (losses), OCI before reclassifications	[1]	86	79	1,692	(727)
Net unrealized investment gains (losses), amounts reclassified from (to) OCI	[1]	(9)	8	(62)	(1)
Net unrealized investment gains (losses), current period OCI	[1]	77	87	1,630	(728)
Net unrealized investment gains (losses), before noncontrolling interest	[1]	2,866	1,715	2,884	1,725
Less: Net unrealized investment gains (losses), change in OCI attributable to noncontrolling interests	[1]	6	(16)	24	(6)
Net unrealized investment gains (losses), end of period	[1]	2,860	1,731	2,860	1,731
Derivatives qualifying as effective accounting hedges, beginning of period	[2]	2,439	1,913	2,045	2,070
Derivatives qualifying as hedges, OCI before reclassifications	[2]	72	229	507	99
Derivatives qualifying as hedges, amounts reclassified from (to) OCI	[2]	(18)	(12)	(59)	(39)
Derivatives qualifying as hedges, current period OCI	[2]	54	217	448	60
Derivatives qualifying as hedges, before noncontrolling interests	[2]	2,493	2,130	2,493	2,130
Less: Derivatives qualifying as hedges, change in OCI attributable to noncontrolling interests	[2]	0	0	0	0
Derivatives qualifying as effective accounting hedges, end of period	[2]	2,493	2,130	2,493	2,130
Foreign currency translation and other adjustments, beginning balances		(140)	(232)	(289)	(77)
Foreign currency translation and other adjustments, OCI before reclassifications		(1)	(302)	223	(619)
Foreign currency translation and other adjustments, amounts reclassified from (to) OCI		0	0	0	0
Foreign currency translation and other adjustments, current period OCI		(1)	(302)	223	(619)
Foreign currency translation and other adjustments, before noncontrolling interests		(141)	(534)	(66)	(696)
Less: Foreign currency translation and other adjustments, change in OCI attributable to noncontrolling interests		10	(151)	85	(313)
Foreign currency translation and other adjustments, ending balances		(151)	(383)	(151)	(383)
Accumulated other comprehensive income (loss), beginning balances		5,088	3,309	3,010	4,446
OCI before reclassifications		157	6	2,422	(1,247)
Amounts reclassified from (to) OCI		(27)	(4)	(121)	(40)
Total other comprehensive income (loss)		130	2	2,301	(1,287)
Accumulated other comprehensive income (loss), before noncontrolling interests		5,218	3,311	5,311	3,159
Less: change in OCI attributable to noncontrolling interests		16	(167)	109	(319)
Accumulated other comprehensive income (loss), ending balances		$ 5,202	$ 3,478	$ 5,202	$ 3,478
[1]	Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.
[2]	See note 5 for additional information.

Changes In Accumulated Other 99

Changes In Accumulated Other Comprehensive Income (Loss) - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Unrecognized postretirement benefit obligation, current period OCI	$ 5	$ 31
Unrecognized postretirement benefit obligation, current period OCI, tax	2	14
Foreign currency translation and other adjustments, current period OCI, tax	$ (37)	$ (93)

Reclassifications In (Out) of A

Reclassifications In (Out) of Accumulated Other Comprehensive Income (Loss), Net of Taxes (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Net unrealized investment gains (losses), amounts reclassified from (to) OCI, provision for income taxes		$ 4	$ (5)	$ 33	$ 0
Net unrealized investment gains (losses), amounts reclassified from (to) OCI	[1]	(9)	8	(62)	(1)
Derivatives qualifying as hedges, amounts reclassified from (to) OCI	[2]	(18)	(12)	(59)	(39)
Provision for income taxes
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Net unrealized investment gains (losses), amounts reclassified from (to) OCI, provision for income taxes		4	(5)	33	0
Derivatives qualifying as hedges, amounts reclassified from (to) OCI		9	6	31	21
Interest Rate Swaps Hedging Assets | Net Investment (Gains) Losses
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Derivatives qualifying as hedges, amounts reclassified from (to) OCI		0	0	(1)	0
Interest Rate Swaps Hedging Assets | Net Investment Income
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Derivatives qualifying as hedges, amounts reclassified from (to) OCI		(27)	(22)	(80)	(61)
Inflation indexed swaps | Net Investment (Gains) Losses
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Derivatives qualifying as hedges, amounts reclassified from (to) OCI		0	0	(7)	0
Inflation indexed swaps | Net Investment Income
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Derivatives qualifying as hedges, amounts reclassified from (to) OCI		0	5	(2)	2
Forward bond purchase commitments | Net Investment Income
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Derivatives qualifying as hedges, amounts reclassified from (to) OCI		0	(1)	0	(1)
Unrealized (gains) losses on investment | Net Investment (Gains) Losses
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Net unrealized investment gains (losses), amounts reclassified from (to) OCI, before tax	[3]	$ (13)	$ 13	$ (95)	$ (1)
[1]	Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.
[2]	See note 5 for additional information.
[3]	Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

Sale of Businesses - Additional

Sale of Businesses - Additional Information (Detail) - USD ($) $ in Millions	Jun. 24, 2016	May 09, 2016	Dec. 01, 2015	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]
Gain (loss) on sale of business, before taxes				$ 0			$ 0	$ 3	$ 0
Gain on sale of business, net of taxes								26	$ 0
European Mortgage Insurance Business
Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]
Net proceeds from sale of business		$ 50
Gain (loss) on sale of business, before taxes					$ (2)	$ (7)
Gain (loss) on sale of business, tax expense (benefit)						(27)	$ 7
Gain on sale of business, net of taxes								18
Lifestyle Protection Insurance | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]
Net proceeds from sale of business			$ 400
Proceeds from sale of business			$ 493
Gain (loss) on sale of discontinued operations, net of taxes				$ 15	$ (21)	$ (19)		$ (25)
Term Life Insurance New Business Platform
Income Statement, Balance Sheet and Additional Disclosures by Planned Disposal Groups [Line Items]
Gain (loss) on sale of business, before taxes	$ 12
Gain (loss) on sale of business, tax expense (benefit)	4
Proceeds from sale of business	$ 29

Assets and Liabilities Associat

Assets and Liabilities Associated with Discontinued Operations (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Assets
Fixed maturity securities available-for-sale, at fair value	$ 63,780	$ 58,197
Other invested assets	2,676	2,309
Total investments	75,260	69,128
Cash and cash equivalents	0		$ 142
Accrued investment income	677	653
Reinsurance recoverable	17,542	17,245
Total assets held for sale	0	127
Liabilities
Liability for policy and contract claims	8,869	8,095
Unearned premiums	3,464	3,308
Liabilities held for sale	0	127
Asset Held For Sale | European Mortgage Insurance Business
Assets
Fixed maturity securities available-for-sale, at fair value	0	195
Other invested assets	0	6
Total investments	0	201
Cash and cash equivalents	0	28
Accrued investment income	0	3
Reinsurance recoverable	0	21
Other assets	0	14
Assets held for sale	0	267
Fair value less closing costs impairment	0	(140)
Total assets held for sale	0	127
Liabilities
Liability for policy and contract claims	0	56
Unearned premiums	0	58
Other liabilities	0	12
Deferred tax liability	0	1
Liabilities held for sale	$ 0	$ 127

Condensed Consolidating Fina103

Condensed Consolidating Financial Information - Additional Information (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015	Apr. 01, 2013
Condensed Financial Statements, Captions [Line Items]
Amount of dividend our subsidiaries could pay in 2015 without obtaining regulatory approval		$ 140
Genworth Holdings
Condensed Financial Statements, Captions [Line Items]
Percentage of subsidiary equity ownership	100.00%		100.00%
Genworth Financial's Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Restricted net assets	$ 14,800
Genworth Holdings' Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Restricted net assets	$ 14,400

Condensed Consolidating Balance

Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Assets
Fixed maturity securities available-for-sale, at fair value	$ 63,780		$ 58,197
Equity securities available-for-sale, at fair value	590		310
Commercial mortgage loans	6,017		6,170
Restricted commercial mortgage loans related to securitization entities	134		161
Policy loans	1,751		1,568
Other invested assets	2,676		2,309
Restricted other invested assets related to securitization entities, at fair value	312		413
Investments in subsidiaries	0		0
Total investments	75,260		69,128
Cash and cash equivalents	3,078		5,965	$ 3,666
Accrued investment income	677		653
Deferred acquisition costs	3,982		4,398	4,441
Intangible assets and goodwill	258		357
Reinsurance recoverable	17,542		17,245
Other assets	570		520
Intercompany notes receivable	0		0
Deferred tax assets	0		155
Separate account assets	7,485		7,883
Assets held for sale	0		127
Total assets	108,852		106,431
Liabilities and equity
Future policy benefits	37,405		36,475
Policyholder account balances	25,867		26,209
Liability for policy and contract claims	8,869		8,095
Unearned premiums	3,464		3,308
Other liabilities	3,280		3,004
Intercompany notes payable	0		0
Borrowings related to securitization entities	78		179
Non-recourse funding obligations	310		1,920
Long-term borrowings	4,194		4,570
Deferred tax liability	1,151		24
Separate account liabilities	7,485		7,883
Liabilities held for sale	0		127
Total liabilities	92,103		91,794
Equity:
Common stock	1		1
Additional paid-in capital	11,959		11,949
Accumulated other comprehensive income (loss)	5,202	$ 5,088	3,010	3,478	$ 3,309	$ 4,446
Retained earnings	409		564
Treasury stock, at cost	(2,700)		(2,700)
Total Genworth Financial, Inc.'s stockholders' equity	14,871		12,824
Noncontrolling interests	1,878		1,813
Total equity	16,749		14,637	15,416		$ 16,797
Total liabilities and equity	108,852		106,431
Parent Guarantor
Assets
Fixed maturity securities available-for-sale, at fair value	0		0
Equity securities available-for-sale, at fair value	0		0
Commercial mortgage loans	0		0
Restricted commercial mortgage loans related to securitization entities	0		0
Policy loans	0		0
Other invested assets	0		0
Restricted other invested assets related to securitization entities, at fair value	0		0
Investments in subsidiaries	14,945		12,814
Total investments	14,945		12,814
Cash and cash equivalents	0		0	0
Accrued investment income	0		0
Deferred acquisition costs	0		0
Intangible assets and goodwill	0		0
Reinsurance recoverable	0		0
Other assets	3		0
Intercompany notes receivable	0		0
Deferred tax assets			25
Separate account assets	0		0
Assets held for sale			0
Total assets	14,948		12,839
Liabilities and equity
Future policy benefits	0		0
Policyholder account balances	0		0
Liability for policy and contract claims	0		0
Unearned premiums	0		0
Other liabilities	30		13
Intercompany notes payable	60		2
Borrowings related to securitization entities	0		0
Non-recourse funding obligations	0		0
Long-term borrowings	0		0
Deferred tax liability	(13)		0
Separate account liabilities	0		0
Liabilities held for sale			0
Total liabilities	77		15
Equity:
Common stock	1		1
Additional paid-in capital	11,959		11,949
Accumulated other comprehensive income (loss)	5,202		3,010
Retained earnings	409		564
Treasury stock, at cost	(2,700)		(2,700)
Total Genworth Financial, Inc.'s stockholders' equity	14,871		12,824
Noncontrolling interests	0		0
Total equity	14,871		12,824
Total liabilities and equity	14,948		12,839
Issuer
Assets
Fixed maturity securities available-for-sale, at fair value	0		150
Equity securities available-for-sale, at fair value	0		0
Commercial mortgage loans	0		0
Restricted commercial mortgage loans related to securitization entities	0		0
Policy loans	0		0
Other invested assets	102		114
Restricted other invested assets related to securitization entities, at fair value	0		0
Investments in subsidiaries	14,517		12,989
Total investments	14,619		13,253
Cash and cash equivalents	1,065		1,124	734
Accrued investment income	0		0
Deferred acquisition costs	0		0
Intangible assets and goodwill	0		0
Reinsurance recoverable	0		0
Other assets	188		199
Intercompany notes receivable	60		2
Deferred tax assets			1,038
Separate account assets	0		0
Assets held for sale			0
Total assets	15,932		15,616
Liabilities and equity
Future policy benefits	0		0
Policyholder account balances	0		0
Liability for policy and contract claims	0		0
Unearned premiums	0		0
Other liabilities	305		279
Intercompany notes payable	285		658
Borrowings related to securitization entities	0		0
Non-recourse funding obligations	0		0
Long-term borrowings	3,714		4,078
Deferred tax liability	(761)		0
Separate account liabilities	0		0
Liabilities held for sale			0
Total liabilities	3,543		5,015
Equity:
Common stock	0		0
Additional paid-in capital	9,097		9,097
Accumulated other comprehensive income (loss)	5,188		3,116
Retained earnings	(1,896)		(1,612)
Treasury stock, at cost	0		0
Total Genworth Financial, Inc.'s stockholders' equity	12,389		10,601
Noncontrolling interests	0		0
Total equity	12,389		10,601
Total liabilities and equity	15,932		15,616
All Other Subsidiaries
Assets
Fixed maturity securities available-for-sale, at fair value	63,980		58,247
Equity securities available-for-sale, at fair value	590		310
Commercial mortgage loans	6,017		6,170
Restricted commercial mortgage loans related to securitization entities	134		161
Policy loans	1,751		1,568
Other invested assets	2,582		2,198
Restricted other invested assets related to securitization entities, at fair value	312		413
Investments in subsidiaries	0		0
Total investments	75,366		69,067
Cash and cash equivalents	2,013		4,841	2,932
Accrued investment income	677		657
Deferred acquisition costs	3,982		4,398
Intangible assets and goodwill	258		357
Reinsurance recoverable	17,542		17,245
Other assets	380		323
Intercompany notes receivable	85		458
Deferred tax assets			(908)
Separate account assets	7,485		7,883
Assets held for sale			127
Total assets	107,788		104,448
Liabilities and equity
Future policy benefits	37,405		36,475
Policyholder account balances	25,867		26,209
Liability for policy and contract claims	8,869		8,095
Unearned premiums	3,464		3,308
Other liabilities	2,955		2,722
Intercompany notes payable	0		0
Borrowings related to securitization entities	78		179
Non-recourse funding obligations	310		1,920
Long-term borrowings	480		492
Deferred tax liability	1,925		24
Separate account liabilities	7,485		7,883
Liabilities held for sale			127
Total liabilities	88,838		87,434
Equity:
Common stock	0		0
Additional paid-in capital	20,251		17,007
Accumulated other comprehensive income (loss)	5,255		3,028
Retained earnings	(8,734)		(5,134)
Treasury stock, at cost	0		0
Total Genworth Financial, Inc.'s stockholders' equity	16,772		14,901
Noncontrolling interests	2,178		2,113
Total equity	18,950		17,014
Total liabilities and equity	107,788		104,448
Eliminations
Assets
Fixed maturity securities available-for-sale, at fair value	(200)		(200)
Equity securities available-for-sale, at fair value	0		0
Commercial mortgage loans	0		0
Restricted commercial mortgage loans related to securitization entities	0		0
Policy loans	0		0
Other invested assets	(8)		(3)
Restricted other invested assets related to securitization entities, at fair value	0		0
Investments in subsidiaries	(29,462)		(25,803)
Total investments	(29,670)		(26,006)
Cash and cash equivalents	0		0	$ 0
Accrued investment income	0		(4)
Deferred acquisition costs	0		0
Intangible assets and goodwill	0		0
Reinsurance recoverable	0		0
Other assets	(1)		(2)
Intercompany notes receivable	(145)		(460)
Deferred tax assets			0
Separate account assets	0		0
Assets held for sale			0
Total assets	(29,816)		(26,472)
Liabilities and equity
Future policy benefits	0		0
Policyholder account balances	0		0
Liability for policy and contract claims	0		0
Unearned premiums	0		0
Other liabilities	(10)		(10)
Intercompany notes payable	(345)		(660)
Borrowings related to securitization entities	0		0
Non-recourse funding obligations	0		0
Long-term borrowings	0		0
Deferred tax liability	0		0
Separate account liabilities	0		0
Liabilities held for sale			0
Total liabilities	(355)		(670)
Equity:
Common stock	0		0
Additional paid-in capital	(29,348)		(26,104)
Accumulated other comprehensive income (loss)	(10,443)		(6,144)
Retained earnings	10,630		6,746
Treasury stock, at cost	0		0
Total Genworth Financial, Inc.'s stockholders' equity	(29,161)		(25,502)
Noncontrolling interests	(300)		(300)
Total equity	(29,461)		(25,802)
Total liabilities and equity	$ (29,816)		$ (26,472)

Condensed Consolidating Income

Condensed Consolidating Income Statement (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues:
Premiums	$ 1,108	$ 1,145	$ 3,029	$ 3,422
Net investment income	805	783	2,373	2,357
Net investment gains (losses)	20	(51)	31	(59)
Policy fees and other income	217	223	738	672
Total revenues	2,150	2,100	6,171	6,392
Benefits and expenses:
Benefits and other changes in policy reserves	1,662	1,290	3,715	3,714
Interest credited	173	179	523	540
Acquisition and operating expenses, net of deferrals	269	314	990	876
Amortization of deferred acquisition costs and intangibles	94	563	305	759
Interest expense	77	105	262	315
Total benefits and expenses	2,275	2,451	5,795	6,204
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries	(125)	(351)	376	188
Provision (benefit) for income taxes	222	(134)	355	27
Equity in income (loss) of subsidiaries	0	0	0	0
Income (loss) from continuing operations	(347)	(217)	21	161
Income (loss) from discontinued operations, net of taxes	15	(21)	(25)	(334)
Net income (loss)	(332)	(238)	(4)	(173)
Less: net income attributable to noncontrolling interests	48	46	151	150
Net income (loss) available to Genworth Financial, Inc.'s common stockholders	(380)	(284)	(155)	(323)
Parent Guarantor
Revenues:
Premiums	0	0	0	0
Net investment income	(2)	(1)	(3)	(2)
Net investment gains (losses)	0	0	0	0
Policy fees and other income	0	0	0	0
Total revenues	(2)	(1)	(3)	(2)
Benefits and expenses:
Benefits and other changes in policy reserves	0	0	0	0
Interest credited	0	0	0	0
Acquisition and operating expenses, net of deferrals	13	9	118	23
Amortization of deferred acquisition costs and intangibles	0	0	0	0
Interest expense	0	0	1	0
Total benefits and expenses	13	9	119	23
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries	(15)	(10)	(122)	(25)
Provision (benefit) for income taxes	(4)	(40)	(31)	(7)
Equity in income (loss) of subsidiaries	(369)	(314)	(62)	(299)
Income (loss) from continuing operations	(380)	(284)	(153)	(317)
Income (loss) from discontinued operations, net of taxes	0	0	(2)	(6)
Net income (loss)	(380)	(284)	(155)	(323)
Less: net income attributable to noncontrolling interests	0	0	0	0
Net income (loss) available to Genworth Financial, Inc.'s common stockholders	(380)	(284)	(155)	(323)
Issuer
Revenues:
Premiums	0	0	0	0
Net investment income	1	0	1	1
Net investment gains (losses)	(1)	21	(14)	37
Policy fees and other income	0	(10)	(6)	(30)
Total revenues	0	11	(19)	8
Benefits and expenses:
Benefits and other changes in policy reserves	0	0	0	0
Interest credited	0	0	0	0
Acquisition and operating expenses, net of deferrals	0	1	38	2
Amortization of deferred acquisition costs and intangibles	0	0	0	0
Interest expense	69	77	210	231
Total benefits and expenses	69	78	248	233
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries	(69)	(67)	(267)	(225)
Provision (benefit) for income taxes	155	21	88	(81)
Equity in income (loss) of subsidiaries	(207)	(270)	78	(319)
Income (loss) from continuing operations	(431)	(358)	(277)	(463)
Income (loss) from discontinued operations, net of taxes	11	0	(7)	0
Net income (loss)	(420)	(358)	(284)	(463)
Less: net income attributable to noncontrolling interests	0	0	0	0
Net income (loss) available to Genworth Financial, Inc.'s common stockholders	(420)	(358)	(284)	(463)
All Other Subsidiaries
Revenues:
Premiums	1,108	1,145	3,029	3,422
Net investment income	810	788	2,386	2,369
Net investment gains (losses)	21	(72)	45	(96)
Policy fees and other income	217	233	745	703
Total revenues	2,156	2,094	6,205	6,398
Benefits and expenses:
Benefits and other changes in policy reserves	1,662	1,290	3,715	3,714
Interest credited	173	179	523	540
Acquisition and operating expenses, net of deferrals	256	304	834	851
Amortization of deferred acquisition costs and intangibles	94	563	305	759
Interest expense	12	32	63	96
Total benefits and expenses	2,197	2,368	5,440	5,960
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries	(41)	(274)	765	438
Provision (benefit) for income taxes	71	(115)	298	115
Equity in income (loss) of subsidiaries	0	0	0	0
Income (loss) from continuing operations	(112)	(159)	467	323
Income (loss) from discontinued operations, net of taxes	4	(21)	(16)	(328)
Net income (loss)	(108)	(180)	451	(5)
Less: net income attributable to noncontrolling interests	48	46	151	150
Net income (loss) available to Genworth Financial, Inc.'s common stockholders	(156)	(226)	300	(155)
Eliminations
Revenues:
Premiums	0	0	0	0
Net investment income	(4)	(4)	(11)	(11)
Net investment gains (losses)	0	0	0	0
Policy fees and other income	0	0	(1)	(1)
Total revenues	(4)	(4)	(12)	(12)
Benefits and expenses:
Benefits and other changes in policy reserves	0	0	0	0
Interest credited	0	0	0	0
Acquisition and operating expenses, net of deferrals	0	0	0	0
Amortization of deferred acquisition costs and intangibles	0	0	0	0
Interest expense	(4)	(4)	(12)	(12)
Total benefits and expenses	(4)	(4)	(12)	(12)
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries	0	0	0	0
Provision (benefit) for income taxes	0	0	0	0
Equity in income (loss) of subsidiaries	576	584	(16)	618
Income (loss) from continuing operations	576	584	(16)	618
Income (loss) from discontinued operations, net of taxes	0	0	0	0
Net income (loss)	576	584	(16)	618
Less: net income attributable to noncontrolling interests	0	0	0	0
Net income (loss) available to Genworth Financial, Inc.'s common stockholders	$ 576	$ 584	$ (16)	$ 618

Condensed Consolidating Stateme

Condensed Consolidating Statement of Comprehensive Income (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Condensed Financial Statements, Captions [Line Items]
Net income (loss)		$ (332)	$ (238)	$ (4)	$ (173)
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities not other-than-temporarily impaired		72	87	1,624	(728)
Net unrealized gains (losses) on other-than-temporarily impaired securities		5	0	6	0
Derivatives qualifying as hedges	[1]	54	217	448	60
Foreign currency translation and other adjustments		(1)	(302)	223	(619)
Total other comprehensive income (loss)		130	2	2,301	(1,287)
Total comprehensive income (loss)		(202)	(236)	2,297	(1,460)
Less: comprehensive income (loss) attributable to noncontrolling interests		64	(121)	260	(145)
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders		(266)	(115)	2,037	(1,315)
Parent Guarantor
Condensed Financial Statements, Captions [Line Items]
Net income (loss)		(380)	(284)	(155)	(323)
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities not other-than-temporarily impaired		66	103	1,600	(708)
Net unrealized gains (losses) on other-than-temporarily impaired securities		5	0	6	0
Derivatives qualifying as hedges		54	217	448	60
Foreign currency translation and other adjustments		(11)	(151)	138	(344)
Total other comprehensive income (loss)		114	169	2,192	(992)
Total comprehensive income (loss)		(266)	(115)	2,037	(1,315)
Less: comprehensive income (loss) attributable to noncontrolling interests		0	0	0	0
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders		(266)	(115)	2,037	(1,315)
Issuer
Condensed Financial Statements, Captions [Line Items]
Net income (loss)		(420)	(358)	(284)	(463)
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities not other-than-temporarily impaired		63	111	1,555	(696)
Net unrealized gains (losses) on other-than-temporarily impaired securities		4	(1)	5	(1)
Derivatives qualifying as hedges		54	217	447	60
Foreign currency translation and other adjustments		(3)	(127)	65	(276)
Total other comprehensive income (loss)		118	200	2,072	(913)
Total comprehensive income (loss)		(302)	(158)	1,788	(1,376)
Less: comprehensive income (loss) attributable to noncontrolling interests		0	0	0	0
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders		(302)	(158)	1,788	(1,376)
All Other Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net income (loss)		(108)	(180)	451	(5)
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities not other-than-temporarily impaired		73	85	1,625	(729)
Net unrealized gains (losses) on other-than-temporarily impaired securities		4	0	6	0
Derivatives qualifying as hedges		57	231	481	68
Foreign currency translation and other adjustments		0	(302)	224	(619)
Total other comprehensive income (loss)		134	14	2,336	(1,280)
Total comprehensive income (loss)		26	(166)	2,787	(1,285)
Less: comprehensive income (loss) attributable to noncontrolling interests		64	(121)	260	(145)
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders		(38)	(45)	2,527	(1,140)
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net income (loss)		576	584	(16)	618
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities not other-than-temporarily impaired		(130)	(212)	(3,156)	1,405
Net unrealized gains (losses) on other-than-temporarily impaired securities		(8)	1	(11)	1
Derivatives qualifying as hedges		(111)	(448)	(928)	(128)
Foreign currency translation and other adjustments		13	278	(204)	620
Total other comprehensive income (loss)		(236)	(381)	(4,299)	1,898
Total comprehensive income (loss)		340	203	(4,315)	2,516
Less: comprehensive income (loss) attributable to noncontrolling interests		0	0	0	0
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders		$ 340	$ 203	$ (4,315)	$ 2,516
[1]	See note 5 for additional information.

Condensed Consolidating Stat107

Condensed Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income (loss)	$ (332)	$ (238)	$ (4)	$ (173)
Less (income) loss from discontinued operations, net of taxes	(15)	21	25	334
Adjustments to reconcile net income (loss) to net cash from operating activities:
Equity in (income) loss from subsidiaries	0	0	0	0
Dividends from subsidiaries			0	0
(Gain) loss on sale of businesses			(26)	0
Amortization of fixed maturity securities discounts and premiums and limited partnerships			(112)	(80)
Net investment losses (gains)	(20)	51	(31)	59
Charges assessed to policyholders			(574)	(586)
Acquisition costs deferred			(124)	(226)
Amortization of deferred acquisition costs and intangibles			305	759
Deferred income taxes			173	(117)
Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments			759	(247)
Stock-based compensation expense			25	14
Change in certain assets and liabilities:
Accrued investment income and other assets			(258)	(133)
Insurance reserves			691	1,270
Current tax liabilities			44	(71)
Other liabilities, policy and contract claims and other policy-related balances			905	352
Cash from operating activities-held for sale			0	3
Net cash from operating activities			1,798	1,158
Cash flows from investing activities:
Fixed maturity securities			2,646	3,389
Commercial mortgage loans			555	640
Restricted commercial mortgage loans related to securitization entities			27	27
Proceeds from sales of investments:
Fixed maturity and equity securities			4,064	1,333
Purchases and originations of investments:
Fixed maturity and equity securities			(8,758)	(6,836)
Commercial mortgage loans			(405)	(678)
Other invested assets, net			(138)	(39)
Policy loans, net			(80)	23
Intercompany notes receivable			0	0
Capital contributions to subsidiaries				0
Proceeds from sale of businesses, net of cash transferred			39	0
Cash transferred for purchase of a subsidiary				0
Cash from investing activities-held for sale			0	(22)
Net cash from investing activities			(2,050)	(2,163)
Cash flows from financing activities:
Deposits to universal life and investment contracts			1,028	1,693
Withdrawals from universal life and investment contracts			(1,463)	(1,677)
Redemption of non-recourse funding obligations			(1,620)	(45)
Proceeds from the issuance of long-term debt			0	150
Repayment and repurchase of long-term debt			(362)	(120)
Repayment of borrowings related to securitization entities			(37)	(26)
Proceeds from sale of subsidiary shares to noncontrolling interests			0	226
Return of capital to noncontrolling interests			(70)	0
Repurchase of subsidiary shares			0	(17)
Dividends paid to noncontrolling interests			(126)	(145)
Proceeds from intercompany notes payable			0	0
Other, net			(49)	(25)
Cash from financing activities-held for sale			0	(33)
Net cash from financing activities			(2,699)	(19)
Effect of exchange rate changes on cash and cash equivalents			36	(86)
Net change in cash and cash equivalents			(2,915)	(1,110)
Cash and cash equivalents at beginning of period			5,993	4,918
Cash and cash equivalents at end of period	3,078	3,808	3,078	3,808
Less cash and cash equivalents held for sale at end of period	0	142	0	142
Cash and cash equivalents of continuing operations at end of period	3,078	3,666	3,078	3,666
Parent Guarantor
Cash flows from operating activities:
Net income (loss)	(380)	(284)	(155)	(323)
Less (income) loss from discontinued operations, net of taxes	0	0	2	6
Adjustments to reconcile net income (loss) to net cash from operating activities:
Equity in (income) loss from subsidiaries	369	314	62	299
Dividends from subsidiaries			0	0
(Gain) loss on sale of businesses			0
Amortization of fixed maturity securities discounts and premiums and limited partnerships			0	0
Net investment losses (gains)	0	0	0	0
Charges assessed to policyholders			0	0
Acquisition costs deferred			0	0
Amortization of deferred acquisition costs and intangibles			0	0
Deferred income taxes			8	(2)
Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments			0	0
Stock-based compensation expense			18	16
Change in certain assets and liabilities:
Accrued investment income and other assets			(3)	0
Insurance reserves			0	0
Current tax liabilities			11	(1)
Other liabilities, policy and contract claims and other policy-related balances			(1)	0
Cash from operating activities-held for sale				0
Net cash from operating activities			(58)	(5)
Cash flows from investing activities:
Fixed maturity securities			0	0
Commercial mortgage loans			0	0
Restricted commercial mortgage loans related to securitization entities			0	0
Proceeds from sales of investments:
Fixed maturity and equity securities			0	0
Purchases and originations of investments:
Fixed maturity and equity securities			0	0
Commercial mortgage loans			0	0
Other invested assets, net			0	0
Policy loans, net			0	0
Intercompany notes receivable			0	7
Capital contributions to subsidiaries				0
Proceeds from sale of businesses, net of cash transferred			0
Cash transferred for purchase of a subsidiary				0
Cash from investing activities-held for sale				0
Net cash from investing activities			0	7
Cash flows from financing activities:
Deposits to universal life and investment contracts			0	0
Withdrawals from universal life and investment contracts			0	0
Redemption of non-recourse funding obligations			0	0
Proceeds from the issuance of long-term debt				0
Repayment and repurchase of long-term debt			0	0
Repayment of borrowings related to securitization entities			0	0
Proceeds from sale of subsidiary shares to noncontrolling interests				0
Return of capital to noncontrolling interests			0
Repurchase of subsidiary shares				0
Dividends paid to noncontrolling interests			0	0
Proceeds from intercompany notes payable			58	0
Other, net			0	(2)
Cash from financing activities-held for sale				0
Net cash from financing activities			58	(2)
Effect of exchange rate changes on cash and cash equivalents			0	0
Net change in cash and cash equivalents			0	0
Cash and cash equivalents at beginning of period			0	0
Cash and cash equivalents at end of period	0	0	0	0
Less cash and cash equivalents held for sale at end of period	0	0	0	0
Cash and cash equivalents of continuing operations at end of period	0	0	0	0
Issuer
Cash flows from operating activities:
Net income (loss)	(420)	(358)	(284)	(463)
Less (income) loss from discontinued operations, net of taxes	(11)	0	7	0
Adjustments to reconcile net income (loss) to net cash from operating activities:
Equity in (income) loss from subsidiaries	207	270	(78)	319
Dividends from subsidiaries			250	454
(Gain) loss on sale of businesses			1
Amortization of fixed maturity securities discounts and premiums and limited partnerships			3	0
Net investment losses (gains)	1	(21)	14	(37)
Charges assessed to policyholders			0	0
Acquisition costs deferred			0	0
Amortization of deferred acquisition costs and intangibles			0	0
Deferred income taxes			304	(102)
Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments			5	27
Stock-based compensation expense			0	0
Change in certain assets and liabilities:
Accrued investment income and other assets			(4)	3
Insurance reserves			0	0
Current tax liabilities			(4)	13
Other liabilities, policy and contract claims and other policy-related balances			(22)	(1)
Cash from operating activities-held for sale				0
Net cash from operating activities			192	213
Cash flows from investing activities:
Fixed maturity securities			150	1
Commercial mortgage loans			0	0
Restricted commercial mortgage loans related to securitization entities			0	0
Proceeds from sales of investments:
Fixed maturity and equity securities			0	0
Purchases and originations of investments:
Fixed maturity and equity securities			0	0
Commercial mortgage loans			0	0
Other invested assets, net			0	(100)
Policy loans, net			0	0
Intercompany notes receivable			(58)	(24)
Capital contributions to subsidiaries				(25)
Proceeds from sale of businesses, net of cash transferred			1
Cash transferred for purchase of a subsidiary				(202)
Cash from investing activities-held for sale				0
Net cash from investing activities			93	(350)
Cash flows from financing activities:
Deposits to universal life and investment contracts			0	0
Withdrawals from universal life and investment contracts			0	0
Redemption of non-recourse funding obligations			0	0
Proceeds from the issuance of long-term debt				0
Repayment and repurchase of long-term debt			(326)	(50)
Repayment of borrowings related to securitization entities			0	0
Proceeds from sale of subsidiary shares to noncontrolling interests				0
Return of capital to noncontrolling interests			0
Repurchase of subsidiary shares				0
Dividends paid to noncontrolling interests			0	0
Proceeds from intercompany notes payable			18	(2)
Other, net			(36)	(30)
Cash from financing activities-held for sale				0
Net cash from financing activities			(344)	(82)
Effect of exchange rate changes on cash and cash equivalents			0	0
Net change in cash and cash equivalents			(59)	(219)
Cash and cash equivalents at beginning of period			1,124	953
Cash and cash equivalents at end of period	1,065	734	1,065	734
Less cash and cash equivalents held for sale at end of period	0	0	0	0
Cash and cash equivalents of continuing operations at end of period	1,065	734	1,065	734
All Other Subsidiaries
Cash flows from operating activities:
Net income (loss)	(108)	(180)	451	(5)
Less (income) loss from discontinued operations, net of taxes	(4)	21	16	328
Adjustments to reconcile net income (loss) to net cash from operating activities:
Equity in (income) loss from subsidiaries	0	0	0	0
Dividends from subsidiaries			(250)	(454)
(Gain) loss on sale of businesses			(27)
Amortization of fixed maturity securities discounts and premiums and limited partnerships			(115)	(80)
Net investment losses (gains)	(21)	72	(45)	96
Charges assessed to policyholders			(574)	(586)
Acquisition costs deferred			(124)	(226)
Amortization of deferred acquisition costs and intangibles			305	759
Deferred income taxes			(139)	(13)
Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments			754	(274)
Stock-based compensation expense			7	(2)
Change in certain assets and liabilities:
Accrued investment income and other assets			(246)	(133)
Insurance reserves			691	1,270
Current tax liabilities			37	(88)
Other liabilities, policy and contract claims and other policy-related balances			928	353
Cash from operating activities-held for sale				3
Net cash from operating activities			1,669	948
Cash flows from investing activities:
Fixed maturity securities			2,496	3,388
Commercial mortgage loans			555	640
Restricted commercial mortgage loans related to securitization entities			27	27
Proceeds from sales of investments:
Fixed maturity and equity securities			4,064	1,333
Purchases and originations of investments:
Fixed maturity and equity securities			(8,758)	(6,836)
Commercial mortgage loans			(405)	(678)
Other invested assets, net			(143)	63
Policy loans, net			(80)	23
Intercompany notes receivable			(18)	(4)
Capital contributions to subsidiaries				25
Proceeds from sale of businesses, net of cash transferred			38
Cash transferred for purchase of a subsidiary				202
Cash from investing activities-held for sale				(22)
Net cash from investing activities			(2,224)	(1,839)
Cash flows from financing activities:
Deposits to universal life and investment contracts			1,028	1,693
Withdrawals from universal life and investment contracts			(1,463)	(1,677)
Redemption of non-recourse funding obligations			(1,620)	(45)
Proceeds from the issuance of long-term debt				150
Repayment and repurchase of long-term debt			(36)	(70)
Repayment of borrowings related to securitization entities			(37)	(26)
Proceeds from sale of subsidiary shares to noncontrolling interests				226
Return of capital to noncontrolling interests			(70)
Repurchase of subsidiary shares				(17)
Dividends paid to noncontrolling interests			(126)	(145)
Proceeds from intercompany notes payable			0	23
Other, net			(13)	7
Cash from financing activities-held for sale				(33)
Net cash from financing activities			(2,337)	86
Effect of exchange rate changes on cash and cash equivalents			36	(86)
Net change in cash and cash equivalents			(2,856)	(891)
Cash and cash equivalents at beginning of period			4,869	3,965
Cash and cash equivalents at end of period	2,013	3,074	2,013	3,074
Less cash and cash equivalents held for sale at end of period	0	142	0	142
Cash and cash equivalents of continuing operations at end of period	2,013	2,932	2,013	2,932
Eliminations
Cash flows from operating activities:
Net income (loss)	576	584	(16)	618
Less (income) loss from discontinued operations, net of taxes	0	0	0	0
Adjustments to reconcile net income (loss) to net cash from operating activities:
Equity in (income) loss from subsidiaries	(576)	(584)	16	(618)
Dividends from subsidiaries			0	0
(Gain) loss on sale of businesses			0
Amortization of fixed maturity securities discounts and premiums and limited partnerships			0	0
Net investment losses (gains)	0	0	0	0
Charges assessed to policyholders			0	0
Acquisition costs deferred			0	0
Amortization of deferred acquisition costs and intangibles			0	0
Deferred income taxes			0	0
Net increase (decrease) in trading securities, held-for-sale investments and derivative instruments			0	0
Stock-based compensation expense			0	0
Change in certain assets and liabilities:
Accrued investment income and other assets			(5)	(3)
Insurance reserves			0	0
Current tax liabilities			0	5
Other liabilities, policy and contract claims and other policy-related balances			0	0
Cash from operating activities-held for sale				0
Net cash from operating activities			(5)	2
Cash flows from investing activities:
Fixed maturity securities			0	0
Commercial mortgage loans			0	0
Restricted commercial mortgage loans related to securitization entities			0	0
Proceeds from sales of investments:
Fixed maturity and equity securities			0	0
Purchases and originations of investments:
Fixed maturity and equity securities			0	0
Commercial mortgage loans			0	0
Other invested assets, net			5	(2)
Policy loans, net			0	0
Intercompany notes receivable			76	21
Capital contributions to subsidiaries				0
Proceeds from sale of businesses, net of cash transferred			0
Cash transferred for purchase of a subsidiary				0
Cash from investing activities-held for sale				0
Net cash from investing activities			81	19
Cash flows from financing activities:
Deposits to universal life and investment contracts			0	0
Withdrawals from universal life and investment contracts			0	0
Redemption of non-recourse funding obligations			0	0
Proceeds from the issuance of long-term debt				0
Repayment and repurchase of long-term debt			0	0
Repayment of borrowings related to securitization entities			0	0
Proceeds from sale of subsidiary shares to noncontrolling interests				0
Return of capital to noncontrolling interests			0
Repurchase of subsidiary shares				0
Dividends paid to noncontrolling interests			0	0
Proceeds from intercompany notes payable			(76)	(21)
Other, net			0	0
Cash from financing activities-held for sale				0
Net cash from financing activities			(76)	(21)
Effect of exchange rate changes on cash and cash equivalents			0	0
Net change in cash and cash equivalents			0	0
Cash and cash equivalents at beginning of period			0	0
Cash and cash equivalents at end of period	0	0	0	0
Less cash and cash equivalents held for sale at end of period	0	0	0	0
Cash and cash equivalents of continuing operations at end of period	$ 0	$ 0	$ 0	$ 0