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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Investments:    
Debt Securities, Available-for-sale $ 13,977 $ 13,839
Fair Value, Option, Fixed Maturity Securities 11 12
Marketable Securities 173 116
Mortgage loans (net of valuation allowances: March 31, 2019 - $0; December 31, 2018 - $5) 2,085 2,100
Policy loans, at outstanding balance 1,452 1,441
Limited partnerships and other alternative investments 912 894
Other investments 166 201
Short-term investments 1,204 844
Total investments 19,980 19,447
Cash 104 221
Premiums Receivable, Net 11 12
Reinsurance Recoverables, Including Reinsurance Premium Paid 29,321 29,564
Present Value of Future Insurance Profits, Net 741 716
Deferred income taxes, net 876 969
Intangible Assets, Net (Excluding Goodwill) 50 51
Other assets 404 352
Separate account assets 104,809 98,814
Total assets 156,296 150,146
Liabilities    
Reserve for future policy benefits 18,314 18,323
Other policyholder funds and benefits payable 28,182 28,584
Other liabilities 2,602 2,420
Separate account liabilities 104,809 98,814
Total liabilities 153,907 148,141
Stockholders' Equity    
Common stock—1,000 shares authorized, issued and outstanding, par value $5,690 6 6
Additional paid-in capital 1,761 1,761
Accumulated other comprehensive income, net of tax 181 (171)
Retained earnings 441 409
Total Stockholders’ Equity 2,389 2,005
Total liabilities and stockholder's equity $ 156,296 $ 150,146