| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
REVENUES | ||||||
Insurance Commissions and Fees | ||||||
3,738 | 3,824 | 3,693 | 3,729 | 3,628 | ||
Premiums | ||||||
1,147 | 1,094 | 1,124 | 1,083 | 1,070 | ||
Derivative, Gain (Loss) on Derivative, Net | ||||||
-4,000 | -231 | 214 | -1,848 | -1,404 | ||
Net investment income (loss) | ||||||
3,699 | 2,693 | 3,082 | 2,665 | 2,450 | ||
Investment gains (losses), net: | ||||||
Other investment gains (losses), net | ||||||
73 | -44 | -176 | 2,051 | 27 | ||
Total other-than-temporary impairment losses | ||||||
0 | 42 | 15 | 68 | 42 | ||
Total investment gains (losses), net | ||||||
73 | -86 | -191 | 1,983 | -15 | ||
Investment management and service fees | ||||||
4,380 | 4,268 | 4,093 | 3,749 | 3,895 | ||
Other income | ||||||
554 | 516 | 445 | 402 | 419 | ||
Revenues | ||||||
9,591 | 12,078 | 12,460 | 11,763 | 10,043 | ||
BENEFITS AND OTHER DEDUCTIONS | ||||||
Policyholders’ benefits | ||||||
4,370 | 2,915 | 4,366 | 3,342 | 3,501 | ||
Policyholder Account Balance, Interest Expense | ||||||
1,241 | 1,090 | 995 | 967 | 934 | ||
Compensation and benefits | ||||||
2,081 | 2,079 | 1,980 | 1,965 | 2,165 | ||
Commissions and distribution-related payments | ||||||
1,242 | 1,160 | 1,081 | 1,000 | 1,586 | ||
Interest expense | ||||||
221 | 231 | 160 | 174 | 136 | ||
Amortization of deferred policy acquisition costs | ||||||
579 | 333 | 503 | 779 | -292 | ||
Other operating costs and expenses | ||||||
1,892 | 1,809 | 2,069 | 1,509 | 1,585 | ||
Total benefits and other deductions | ||||||
11,626 | 9,617 | 11,154 | 9,736 | 9,615 | ||
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest | ||||||
-2,035 | 2,461 | 1,306 | 2,027 | 428 | ||
Income tax (expense) benefit | ||||||
-599 | 307 | 49 | 378 | -222 | ||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
-1,436 | 2,154 | 1,257 | 1,649 | 650 | ||
Less: Net income (loss) attributable to the noncontrolling interest | ||||||
297 | 334 | 423 | 395 | 325 | ||
Net income (loss) attributable to Holdings | ||||||
-1,733 | 1,820 | 834 | 1,254 | 325 | ||
Earnings Per Share [Abstract] | ||||||
Earnings Per Share, Basic and Diluted [Abstract] | ||||||
Basic (in usd per share) | ||||||
-3.51 | 3.27 | 1.49 | 2.24 | 0.58 | ||
Diluted (in usd per share) | ||||||
-3.51 | 3.27 | 1.49 | 2.24 | 0.58 | ||
Weighted average common shares outstanding | ||||||
- | - | - | - | 561 | ||
Weighted average common shares outstanding (in millions): | ||||||
Weighted Average Number of Shares Outstanding, Basic | ||||||
493 | 556 | 561 | 561 | 561 | ||
Weighted Average Number of Shares Outstanding, Diluted | ||||||
493 | 556 | 561 | 561 | - | ||