CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (unaudited) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Investments
Fixed income securities, at fair value (amortized cost $20,664 and $21,057)	$ 21,541	$ 21,400
Mortgage loans	4,034	3,995
Equity securities, at fair value (cost $1,028 and $1,197)	1,284	1,325
Limited partnership interests	3,219	3,292
Short-term, at fair value (amortized cost $1,284 and $810)	1,284	810
Policy loans	553	561
Other	1,348	1,300
Total investments	33,263	32,683
Cash	54	52
Deferred policy acquisition costs	1,134	1,232
Reinsurance recoverables	2,560
Accrued investment income	261	253
Other assets	573	534
Separate Accounts	3,024	2,783
Total assets	40,869	40,142
Liabilities
Contractholder funds	17,239	17,470
Reserve for life-contingent contract benefits	11,228	11,239
Unearned premiums	4	4
Payable to affiliates, net	33	50
Other liabilities and accrued expenses	1,230	1,101
Deferred income taxes	772	663
Notes due to related parties	140	140
Separate Accounts	3,024	2,783
Total liabilities	33,670	33,450
Commitments and Contingent Liabilities (Note 7)
Shareholder’s equity
Common stock, $227 par value, 23,800 shares authorized and outstanding	5	5
Additional capital paid-in	2,024	2,024
Retained income	4,574	4,410
Unrealized net capital gains and losses:
Unrealized net capital gains and losses on fixed income securities with OTTI	45	45
Other unrealized net capital gains and losses	648	225
Unrealized adjustment to DAC, DSI and insurance reserves	(104)	(27)
Total unrealized net capital gains and losses	589	243
Unrealized foreign currency translation adjustments	7	10
Total accumulated other comprehensive income (“AOCI”)	596	253
Total shareholder’s equity	7,199	6,692
Total liabilities and shareholder’s equity	40,869	40,142
Series A
Shareholder’s equity
Redeemable preferred stock	0	0
Series B
Shareholder’s equity
Redeemable preferred stock	0	0
Affiliate
Investments
Reinsurance recoverables	417	420
Non-affiliate
Investments
Reinsurance recoverables	$ 2,143	$ 2,185