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Assets and Liabilities of Business Held for Sale
 9 Months Ended
Sep. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Assets and Liabilities of Business Held for Sale Assets and Liabilities of Business Held for Sale
In December 2019, Cigna entered into a definitive agreement to sell its U.S. Group Disability and Life insurance business to New York Life Insurance Company for $6.3 billion. The sale is expected to close in the fourth quarter of 2020 following applicable regulatory approvals and other customary closing conditions. The Company believes this sale is probable and has aggregated and classified the assets and liabilities directly associated with the pending sale of its Group Disability and Life insurance business as held for sale and has reported them separately on our Consolidated Balance Sheets as of September 30, 2020 and December 31, 2019. The assets and liabilities of business held for sale were as follows:
(In millions)September 30, 2020December 31, 2019
Cash and cash equivalents$798 $743 
Accounts receivable, net576 521 
Investments8,258 7,709 
Other assets390 539 
Total assets of business held for sale10,022 9,512 
Insurance and contractholder liabilities6,591 6,308 
Other liabilities604 504 
Total liabilities of business held for sale$7,195 $6,812