SCHEDULE I - SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES

12 Months Ended

Dec. 31, 2017

Summary of Investments, Other than Investments in Related Parties [Abstract]

SCHEDULE I - SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES

SCHEDULE I - SUMMARY OF INVESTMENTS

OTHER THAN INVESTMENTS IN RELATED PARTIES

DECEMBER 31, 2017

($ in millions)	Cost/ amortized cost		Fair value		Amount at which shown in the Balance Sheet
Type of investment
Fixed maturities:
Bonds:
United States government, government agencies and authorities	$	768	$	804	$	804
States, municipalities and political subdivisions	2,001		2,273		2,273
Foreign governments	279		299		299
Public utilities	3,456		3,780		3,780
All other corporate bonds	14,806		15,356		15,356
Asset-backed securities	383		385		385
Residential mortgage-backed securities	205		253		253
Commercial mortgage-backed securities	93		97		97
Redeemable preferred stocks	13		14		14
Total fixed maturities	22,004		$	23,261	23,261
Equity securities:
Common stocks:
Public utilities	27		$	31	31
Banks, trusts and insurance companies	165		215		215
Industrial, miscellaneous and all other	1,087		1,341		1,341
Nonredeemable preferred stocks	27		27		27
Total equity securities	1,306		$	1,614	1,614
Mortgage loans on real estate	3,876		$	4,052	3,876
Real estate (none acquired in satisfaction of debt)	157				157
Policy loans	561				561
Derivative instruments	115		$	115	115
Limited partnership interests	3,147				3,147
Other long-term investments	982				982
Short-term investments	725		$	725	725
Total investments	$	32,873			$	34,438