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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Investments:    
Debt Securities, Available-for-sale $ 14,072 $ 22,799
Fair Value, Option, Fixed Maturity Securities 14 32
Marketable Securities 109 0
Equity securities, available-for-sale, at fair value (cost: December 31, 2017 Predecessor Company - $140) 0 154
Mortgage loans 2,099 2,872
Policy loans, at outstanding balance 1,426 1,432
Limited partnerships and other alternative investments 877 1,001
Other investments 174 213
Short-term investments 1,159 1,094
Total investments 19,930 29,597
Cash 199 537
Premiums Receivable, Net 16 15
Reinsurance Recoverables, Including Reinsurance Premium Paid 29,819 20,785
Present Value of Future Insurance Profits, Net 818 0
Deferred policy acquisition costs and present value of future profits 0 405
Deferred income taxes, net 1,013 556
Intangible Assets, Net (Excluding Goodwill) 53 0
Other assets 426 1,003
Separate account assets 106,829 115,834
Total assets 159,103 168,732
Liabilities    
Reserve for future policy benefits 18,292 14,482
Other policyholder funds and benefits payable 28,963 29,228
Other liabilities 3,250 2,508
Separate account liabilities 106,829 115,834
Total liabilities 157,334 162,052
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 (122) 1,023
Retained earnings 124 2,112
Total Stockholders’ Equity 1,769 6,680
Total liabilities and stockholder's equity $ 159,103 $ 168,732