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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Available-for-sale securities, at fair value:    
Fixed maturity securities (amortized cost: 2015 - $81,993; 2014 - $78,609) $ 84,964 $ 86,240
Variable interest entities' fixed maturity securities (amortized cost: 2015 - $596; 2014 - $587) 598 598
Equity securities (cost: 2015 - $226; 2014 - $216) 237 231
Trading securities 1,854 2,065
Mortgage loans on real estate 8,678 7,574
Real estate 17 20
Policy loans 2,545 2,670
Derivative investments 1,537 1,860
Other investments 1,778 1,709
Total investments 102,208 102,967
Cash and invested cash 3,146 3,919
Deferred acquisition costs and value of business acquired 9,510 8,207
Premiums and fees receivable 376 473
Accrued investment income 1,070 1,049
Reinsurance recoverables 5,623 5,730
Funds withheld reinsurance assets 629 649
Goodwill 2,273 2,273
Other assets 3,483 2,845
Separate account assets 123,619 125,265
Total assets 251,937 253,377
Liabilities    
Future contract benefits 20,708 20,057
Other contract holder funds 77,362 75,512
Short-term debt   250
Long-term debt 5,582 5,270
Reinsurance related embedded derivatives 87 150
Funds withheld reinsurance liabilities 638 764
Deferred gain on business sold through reinsurance 98 171
Payables for collateral on investments 4,657 4,409
Variable interest entities' liabilities 4 13
Other liabilities 5,565 5,776
Separate account liabilities 123,619 125,265
Total liabilities $ 238,320 $ 237,637
Contingencies and Commitments (See Note 13)
Stockholders Equity    
Preferred stock - 10,000,000 shares authorized $ 0 $ 0
Common stock - 800,000,000 shares authorized; 243,835,893 and 256,551,440 shares issued and outstanding as of September 30, 2015, and December 31, 2014, respectively 6,298 6,622
Retained earnings 6,474 6,022
Accumulated other comprehensive income (loss) 845 3,096
Total stockholders' equity 13,617 15,740
Total liabilities and stockholders' equity $ 251,937 $ 253,377