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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Investments:    
Available-for-sale Securities, Debt Securities $ 25,078 $ 25,436
Marketable Securities, Fixed Maturities, Current 192 280
Trading Securities, Equity 11 11 [1]
Equity securities, available-for-sale, at fair value (cost of $399 and $443) 167 514
Policy loans, at outstanding balance 1,427 1,430
Alternative Investments, Fair Value Disclosure 1,249 1,309
Other investments 352 442
Short-term investments (includes variable interest entity assets, at fair value, of $5, as of September 30, 2012) 1,083 2,162
Total investments 32,462 34,682
Cash 450 258
Premiums receivable and agents' balances 22 27
Reinsurance Recoverables 20,303 20,053
Deferred policy acquisition costs and present value of future profits 481 521
Deferred Tax Assets, Net of Valuation Allowance 1,476 1,237
Other assets 711 308
Separate account assets 121,623 134,689
Mortgage Loans on Real Estate, Commercial and Consumer, Net 2,914 3,109
Total assets 177,528 191,775
Liabilities    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 13,810 13,624
Other policyholder funds and benefits payable 31,407 31,994
Other liabilities (including variable interest entity liabilities of $443 and $477) 2,353 2,177
Separate account liabilities 121,623 [2],[3] 134,689
Total liabilities 169,193 182,484
Stockholders' Equity    
Common stock—1,000 shares authorized, issued and outstanding, par value $5,690 6 6
Additional paid-in capital 5,686 6,688
Accumulated other comprehensive income, net of tax 775 1,221
Retained earnings (accumulated deficit) 1,868 1,376
Total stockholders' equity 8,335 9,291
Total liabilities and stockholders' equity 177,528 191,775
Fair Value, Inputs, Level 3 [Member]    
Investments:    
Available-for-sale Securities, Debt Securities 1,615 2,025
Trading Securities, Equity 0 0 [1]
Equity securities, available-for-sale, at fair value (cost of $399 and $443) $ 45 $ 48
[1] Included in other investments on the Condensed Consolidated Balance Sheets.
[2] AV includes the contract holder’s investment in the separate account and the general account.
[3] MAV GMDB is the greatest of current AV, net premiums paid and the highest AV on any anniversary before age 80 years (adjusted for withdrawals).