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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $23,559 and $23,260) $ 24,657 $ 25,436
Marketable Securities, Fixed Maturities, Current 165 280
Available-for-sale Securities, Equity Securities 459 514
Mortgage loans (net of allowance for loan losses of $19 and $15) 2,918 3,109
Policy loans, at outstanding balance 1,446 1,430
Alternative Investments, Fair Value Disclosure 1,216 1,309
Other Investments 293 442
Short-term Investments 572 2,162
Total investments 31,726 34,682
Cash 305 258
Premiums receivable and agents’ balances, net 19 27
Reinsurance recoverables 20,499 20,053
Deferred policy acquisition costs 542 521
Deferred Tax Assets, Net of Valuation Allowance 1,581 1,237
Other Assets 567 308
Separate Account Assets 120,111 134,689
Total assets 175,350 191,775
Liabilities    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 13,850 13,624
Other Policyholder Funds 31,157 31,994
Other Liabilities 2,070 2,177
Separate Accounts, Liability 120,111 134,689
Total liabilities 167,188 182,484
Stockholder’s Equity    
Common stock—1,000 shares authorized, issued and outstanding, par value $5,690 6 6
Additional paid-in capital 5,687 6,688
Accumulated other comprehensive income, net of tax 593 1,221
Retained earnings 1,876 1,376
Total stockholder’s equity 8,162 9,291
Total liabilities and stockholder’s equity $ 175,350 $ 191,775