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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Investments:    
Fixed maturities available-for-sale, at fair value (amortized cost of $70,307 and $62,937) (allowance for credit losses of $13 at September 30, 2020) $ 79,379 $ 66,343
Mortgage loans on real estate (net of allowance for credit losses of $70 at September 30, 2020) 12,802 12,107
Policy loans 4,123 3,735
Other equity investments [1] 1,428 1,344
Trading securities, at fair value 6,244 7,031
Other invested assets [1] 1,802 2,780
Total investments 105,778 93,340
Cash and cash equivalents [1] 8,684 4,405
Cash and securities segregated, at fair value 1,869 1,095
Broker-dealer related receivables 1,929 1,987
Deferred policy acquisition costs 4,171 5,837
Goodwill and other intangible assets, net 4,745 4,751
Amounts due from reinsurers (allowance for credit losses of $0 at September 30, 2020) 4,580 4,592
GMIB reinsurance contract asset, at fair value 2,818 2,139
Other assets [1] 4,476 3,800
Assets held-for-sale 0 962
Separate Accounts assets 123,446 126,910
Total Assets 262,496 249,818
LIABILITIES    
Policyholders’ account balances 62,726 58,879
Future policy benefits and other policyholders' liabilities 41,139 34,635
Broker-dealer related payables 760 722
Customer related payables 3,461 2,523
Amounts due to reinsurers 1,391 1,404
Short-term and long-term debt 4,114 4,111
Current and deferred income taxes 1,648 528
Other liabilities [1] 4,864 3,970
Liabilities held-for-sale 0 724
Separate Accounts liabilities 123,446 126,910
Total Liabilities 243,549 234,406
Redeemable noncontrolling interest [1],[2] 95 365
Commitments and contingent liabilities (Note 13)
Equity attributable to Holdings:    
Preferred stock and additional paid-in capital, $1 par value and $25,000 liquidation preference 1,269 775
Common stock, $0.01 par value, 2,000,000,000 shares authorized; 552,896,328 and 552,896,328 shares issued, respectively; 444,708,017 and 463,711,392 shares outstanding, respectively 5 5
Additional paid-in capital 1,953 1,920
Treasury stock, at cost, 108,188,311 and 89,184,936 shares, respectively (2,147) (1,832)
Retained earnings 12,032 11,744
Accumulated other comprehensive income (loss) 4,188 844
Total equity attributable to Holdings 17,300 13,456
Noncontrolling interest 1,552 1,591
Total Equity 18,852 15,047
Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 262,496 $ 249,818
[1] See Note 2 for details of balances with variable interest entities.
[2] See Note 12 for details of Redeemable noncontrolling interest.