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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Investments:    
Available-for-sale Securities, Debt Securities $ 14,409 $ 22,799
Fair Value, Option, Fixed Maturity Securities 18 32
Marketable Securities 131 0
Equity securities, available-for-sale, at fair value (cost of $0 and $140) 0 154
Mortgage loans 1,960 2,872
Policy loans, at outstanding balance 1,447 1,432
Limited partnerships and other alternative investments 866 1,001
Other investments 222 213
Short-term investments 939 1,094
Total investments 19,992 29,597
Cash 218 537
Premiums Receivable, Net 14 15
Reinsurance Recoverables, Including Reinsurance Premium Paid 30,132 20,785
Deferred policy acquisition costs 0 405
Present Value of Future Insurance Profits, Net 798 0
Deferred income taxes, net 1,003 556
Intangible Assets, Net (Excluding Goodwill) 54 0
Other assets 409 1,003
Separate account assets 109,595 115,834
Total assets 162,215 168,732
Liabilities    
Reserve for future policy benefits 18,299 14,482
Other policyholder funds and benefits payable 29,400 29,228
Other liabilities 3,170 2,508
Separate account liabilities 109,595 115,834
Total liabilities 160,464 162,052
Stockholders' Equity    
Common stock—1,000 shares authorized, issued and outstanding, par value $5,690 6 6
Additional paid-in capital 1,761 3,539
Accumulated other comprehensive income, net of tax (73) 1,023
Retained earnings 57 2,112
Total Stockholders’ Equity 1,751 6,680
Total liabilities and stockholder's equity $ 162,215 $ 168,732