Slicers (applies to each fact value in each table cell)

Reporting Entity [Axis]

0001527469 (http://www.sec.gov/CIK)

Income Tax Disclosure [Abstract]	Period [Axis]
	2016-01-01 - 2016-12-31
Income Tax Disclosure [Abstract]
Income Tax Expense	Income tax expense consists of the following:   Years ended December 31, (In millions) 2016   2015   2014 Current $ (33 )   $ (19 )   $ (84 ) Deferred (19 )   33   138 Income tax expense (benefit) $ (52 )   $ 14   $ 54 Total income taxes were as follows:   Years ended December 31, (In millions) 2016   2015   2014 Income tax expense (benefit) $ (52 )   $ 14   $ 54 Income tax expense (benefit) from OCI 259   (424 )   317 Total income taxes $ 207   $ (410 )   $ 371
Components of Income Before Income Taxes	Income tax expense was calculated based on the following components of income before income taxes:   Years ended December 31, (In millions) 2016   2015   2014 Pre-tax income – Bermuda $ 596   $ 510   $ 271 Pre-tax income – Germany 16   8   — Pre-tax income – U.S. 141   74   261 Income before income taxes $ 753   $ 592   $ 532
Provision for Income Taxes and Expected Tax Provision Reconciliation	A reconciliation of the difference between the provision for income taxes and the expected tax provision at the weighted average tax rate is as follows:   Years ended December 31, (In millions) 2016   2015   2014 Expected tax provision computed on pre-tax income at weighted average income tax rate $ 54   $ 28   $ 91 (Decrease) increase in income taxes resulting from:           Deferred tax valuation allowance (116 )   (6 )   (22 ) Prior year true-up 8   2   (12 ) Corporate owned life insurance (7 )   (7 )   (6 ) Stock compensation expense 5   —   — State taxes and other 4   (3 )   3 Total income tax expense (benefit) $ (52 )   $ 14   $ 54 Effective tax rate (7 )%   2 %   10 %
Deferred Income Tax Assets and Liabilities	Deferred income tax assets and liabilities consisted of the following:   December 31, (In millions) 2016   2015 Deferred tax assets       Insurance liabilities $ 1,478   $ 1,351 Net unrealized losses on AFS —   84 Net operating and capital loss carryforwards 221   160 Tax credits 18   — VOBA 69   72 Employee benefits 52   57 Other 27   20 Total deferred tax assets 1,865   1,744 Valuation allowance1 (72 )   (193 ) Deferred tax asset, after valuation allowance 1,793   1,551 Deferred tax liabilities       Investments, including derivatives 668   429 Net unrealized gains on AFS 178   — VOBA 346   372 DAC 230   98 Other 6   46 Total deferred tax liability 1,428   945 Net deferred tax asset2 $ 365   $ 606         1 A portion of the valuation allowance reduction was recorded in other comprehensive income. 2 Net deferred tax asset includes deferred tax liability relating to ADKG, which is included in other liabilities on the consolidated balance sheets.
Valuation Allowance	The valuation allowance consists of the following:   December 31, (In millions) 2016   2015 U.S. federal and state net operating losses $ 22   $ 100 U.S. other deferred tax assets —   27 German other deferred tax assets 50   66 Total valuation allowance $ 72   $ 193