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FAIR VALUE MEASUREMENTS (Details - Carrying values and estimated fair values of our financial instruments not measured at fair value) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2019
Assets:      
Mortgage and other loans receivable $ 45,590 $ 46,984  
Short-term investments 20,648 13,230  
Cash 3,191 2,856 $ 3,361
Other assets 13,270 16,383  
Liabilities:      
Fortitude Re funds withheld payable 42,543 0  
Other liabilities 28,264 26,609  
Long-term debt and debt of consolidated investment entities 28,731 25,479  
Carrying Value      
Assets:      
Mortgage and other loans receivable 45,590 46,984  
Other invested assets 804 742  
Short-term investments 13,434 7,887  
Cash 3,191 2,856  
Other assets 202 311  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 129,170 126,137  
Fortitude Re funds withheld payable 37,407    
Other liabilities 3,823 3,063  
Long-term debt and debt of consolidated investment entities 36,068 33,288  
Separate account liabilities - investment contracts 87,564 88,770  
Total Fair Value      
Assets:      
Mortgage and other loans receivable 48,217 49,005  
Other invested assets 804 741  
Short-term investments 13,434 7,887  
Cash 3,191 2,856  
Other assets 202 311  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 144,097 133,246  
Fortitude Re funds withheld payable 37,407    
Other liabilities 3,823 3,063  
Long-term debt and debt of consolidated investment entities 39,672 35,907  
Separate account liabilities - investment contracts 87,564 88,770  
Level 1      
Assets:      
Mortgage and other loans receivable 0 0  
Other invested assets 0 0  
Short-term investments 0 0  
Cash 3,191 2,856  
Other assets 188 291  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 0 0  
Fortitude Re funds withheld payable 0    
Other liabilities 0 15  
Long-term debt and debt of consolidated investment entities 0 0  
Separate account liabilities - investment contracts 0 0  
Level 2      
Assets:      
Mortgage and other loans receivable 99 101  
Other invested assets 798 735  
Short-term investments 13,434 7,887  
Cash 0 0  
Other assets 14 20  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 224 255  
Fortitude Re funds withheld payable 0    
Other liabilities 3,823 3,048  
Long-term debt and debt of consolidated investment entities 31,391 27,024  
Separate account liabilities - investment contracts 87,564 88,770  
Level 3      
Assets:      
Mortgage and other loans receivable 48,118 48,904  
Other invested assets 6 6  
Short-term investments 0 0  
Cash 0 0  
Other assets 0 0  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 143,873 132,991  
Fortitude Re funds withheld payable 37,407    
Other liabilities 0 0  
Long-term debt and debt of consolidated investment entities 8,281 8,883  
Separate account liabilities - investment contracts $ 0 $ 0