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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $22,507 and $23,559) $ 23,819 $ 24,657
Marketable Securities, Fixed Maturities, Current 82 165
Available-for-sale Securities, Equity Securities 152 459
Mortgage loans (net of allowance for loan losses of $19 and $19) 2,811 2,918
Policy loans, at outstanding balance 1,442 1,446
Alternative Investments, Fair Value Disclosure 930 1,216
Other Investments 293 212
Short-term Investments 1,349 572
Total investments 30,878 31,645
Cash 554 305
Premiums receivable and agents’ balances, net 18 19
Reinsurance recoverables 20,725 20,499
Deferred policy acquisition costs 463 542
Deferred Tax Assets, Net 1,437 1,581
Other Assets 606 648
Separate Account Assets 115,665 120,111
Total assets 170,346 175,350
Liability for Future Policy Benefits 14,000 13,850
Liabilities    
Other Policyholder Funds 30,588 31,157
Other Liabilities 2,272 2,070
Separate account liabilities 115,665 120,111
Total liabilities 162,525 167,188
Stockholder’s Equity    
Common stock—1,000 shares authorized, issued and outstanding, par value $5,690 6 6
Additional paid-in capital 4,935 5,687
Accumulated other comprehensive income, net of tax 722 593
Retained earnings 2,158 1,876
Total stockholder’s equity 7,821 8,162
Total liabilities and stockholder’s equity $ 170,346 $ 175,350