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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $xx,xxx and $22,507) $ 23,643 $ 23,819
Fixed maturities, at fair value using the fair value option 36 82
Equity securities, available-for-sale, at fair value (cost of $139 and $142) 153 152
Mortgage loans (net of allowance for loan losses of $1 and $19) 2,880 2,811
Policy loans, at outstanding balance 1,417 1,442
Limited partnerships and other alternative investments 964 930
Other investments 254 293
Short-term investments 1,400 1,349
Total investments 30,747 30,878
Cash 239 554
Premiums receivable and agents’ balances 15 18
Reinsurance recoverables 20,721 20,725
Deferred policy acquisition costs 426 463
Deferred income taxes, net 1,193 1,437
Other assets 838 606
Separate account assets 115,626 115,665
Total assets 169,805 170,346
Liabilities    
Reserve for future policy benefits 14,280 14,000
Other policyholder funds and benefits payable 29,576 30,588
Other liabilities 2,608 2,272
Separate account liabilities 115,626 115,665
Total liabilities 162,090 162,525
Stockholders' Equity    
Common stock—1,000 shares authorized, issued and outstanding, par value $5,690 6 6
Additional paid-in capital 4,337 4,935
Accumulated other comprehensive income, net of tax 944 722
Retained earnings 2,428 2,158
Total Stockholders’ Equity 7,715 7,821
Total liabilities and stockholder's equity $ 169,805 $ 170,346