CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (unaudited) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Investments
Fixed income securities, at fair value (amortized cost $20,512 and $21,057)	$ 21,843	$ 21,400
Mortgage loans	4,043	3,995
Equity securities, at fair value (cost $1,091 and $1,197)	1,393	1,325
Limited partnership interests	3,275	3,292
Short-term, at fair value (amortized cost $1,217 and $810)	1,217	810
Policy loans	548	561
Other	1,352	1,300
Total investments	33,671	32,683
Cash	80	52
Deferred policy acquisition costs	1,054	1,232
Reinsurance recoverables	2,480
Accrued investment income	261	253
Other assets	566	534
Separate Accounts	3,029	2,783
Total assets	41,144	40,142
Liabilities
Contractholder funds	17,024	17,470
Reserve for life-contingent contract benefits	11,351	11,239
Unearned premiums	4	4
Payable to affiliates, net	36	50
Other liabilities and accrued expenses	1,288	1,101
Deferred income taxes	823	663
Notes due to related parties	140	140
Separate Accounts	3,029	2,783
Total liabilities	33,695	33,450
Commitments and Contingent Liabilities
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	4,656	4,410
Unrealized net capital gains and losses:
Unrealized net capital gains and losses on fixed income securities with OTTI	49	45
Other unrealized net capital gains and losses	1,002	225
Unrealized adjustment to DAC, DSI and insurance reserves	(292)	(27)
Total unrealized net capital gains and losses	759	243
Unrealized foreign currency translation adjustments	5	10
Total accumulated other comprehensive income (“AOCI”)	764	253
Total shareholder’s equity	7,449	6,692
Total liabilities and shareholder’s equity	41,144	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	413	420
Non-affiliate
Investments
Reinsurance recoverables	$ 2,070	$ 2,185