CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Investments
Fixed income securities, at fair value (amortized cost $20,217 and $21,057)	$ 21,725	$ 21,400
Mortgage loans	3,988	3,995
Equity securities	1,469	1,325
Limited partnership interests	3,250	3,292
Short-term investments	1,191	810
Policy loans	557	561
Other	1,427	1,300
Total investments	33,607	32,683
Cash	43	52
Deferred policy acquisition costs	947	1,232
Reinsurance recoverable	2,490	2,605
Accrued investment income	239	253
Other assets	794	534
Separate Accounts	3,009	2,783
Total assets	41,129	40,142
Liabilities
Contractholder funds	16,711	17,470
Reserve for life-contingent contract benefits	11,272	11,239
Unearned premiums	4	4
Payable to affiliates, net	35	50
Other liabilities and accrued expenses	1,181	1,101
Deferred income taxes	894	663
Notes due to related parties	214	140
Separate Accounts	3,009	2,783
Total liabilities	33,320	33,450
Commitments and Contingent Liabilities (Notes 7 and 11)
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	4,865	4,410
Unrealized net capital gains and losses:
Unrealized net capital gains and losses on fixed income securities with OTTI	41	45
Other unrealized net capital gains and losses	1,149	225
Unrealized adjustment to DAC, DSI and insurance reserves	(268)	(27)
Total unrealized net capital gains and losses	922	243
Unrealized foreign currency translation adjustments	(7)	10
Total accumulated other comprehensive income (“AOCI”)	915	253
Total shareholder’s equity	7,809	6,692
Total liabilities and shareholder’s equity	41,129	40,142
Series A
Shareholder’s Equity
Redeemable preferred stock	0	0
Series B
Shareholder’s Equity
Redeemable preferred stock	0	0
Non-affiliate
Investments
Reinsurance recoverable	2,082	2,185
Affiliate
Investments
Reinsurance recoverable	$ 408	$ 420