CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in Thousands, shares in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
REVENUES
Policy charges and fee income	$ 991,000	$ 931,000
Premiums	289,000	283,000
Net derivative gains (losses)	9,401,000	(1,630,000)
Net investment income (loss)	616,000	1,015,000
Investment gains (losses), net:
Credit losses on AFS debt securities and loans	(12,000)	0
Other investment gains (losses), net	16,000	(11,000)
Total investment gains (losses), net	4,000	(11,000)
Investment management and service fees	1,136,000	999,000
Other income	156,000	127,000
Total revenues	12,593,000	1,714,000
BENEFITS AND OTHER DEDUCTIONS
Policyholders’ benefits	2,788,000	880,000
Interest credited to policyholders’ account balances	317,000	304,000
Compensation and benefits	526,000	509,000
Commissions and distribution-related payments	338,000	281,000
Interest expense	52,000	56,000
Amortization of deferred policy acquisition costs	1,248,000	198,000
Other operating costs and expenses	437,000	410,000
Total benefits and other deductions	5,706,000	2,638,000
Income (loss) from continuing operations, before income taxes	6,887,000	(924,000)
Income tax (expense) benefit	(1,440,000)	215,000
Net income (loss)	5,447,000	(709,000)
Less: Net income (loss) attributable to the noncontrolling interest	37,000	66,000
Net income (loss) attributable to Holdings	5,410,000	(775,000)
Less: Preferred stock dividends	13,000	0
Net income (loss) available to Holdings’ common shareholders	$ 5,397,000	$ (775,000)
Net income (loss) applicable to Holdings’ common shareholders per common share:
Basic (in usd per share)	$ 11.71	$ (1.50)
Diluted (in usd per share)	$ 11.65	$ (1.50)
Weighted average common shares outstanding (in millions):
Basic (in shares)	461.0	518.0
Diluted (in shares)	463.5	518.0