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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Available-for-sale securities, at fair value:    
Fixed maturity securities (amortized cost: 2016 - $83,033; 2015 - $81,993) $ 91,461 $ 84,964
Variable interest entities' fixed maturity securities (amortized cost: 2016 - $598; 2015 - $596) 600 598
Equity securities (cost: 2016 - $259; 2015 - $226) 277 237
Trading securities 1,812 1,854
Mortgage loans on real estate 9,257 8,678
Real estate 21 17
Policy loans 2,507 2,545
Derivative investments 2,613 1,537
Other investments 2,039 1,778
Total investments 110,587 102,208
Cash and invested cash 4,113 3,146
Deferred acquisition costs and value of business acquired 8,280 9,510
Premiums and fees receivable 370 376
Accrued investment income 1,070 1,070
Reinsurance recoverables 5,540 5,623
Funds withheld reinsurance assets 628 629
Goodwill 2,273 2,273
Other assets 5,134 3,454
Separate account assets 125,033 123,619
Total assets 263,028 251,908
Liabilities    
Future contract benefits 22,147 20,708
Other contract holder funds 77,458 77,362
Short-term debt 250  
Long-term debt 5,460 5,553
Reinsurance related embedded derivatives 134 87
Funds withheld reinsurance liabilities 2,019 638
Deferred gain on business sold through reinsurance 61 98
Payables for collateral on investments 6,297 4,657
Variable interest entities' liabilities   4
Other liabilities 8,249 5,565
Separate account liabilities 125,033 123,619
Total liabilities 247,108 238,291
Contingencies and Commitments (See Note 13)
Stockholders Equity    
Preferred stock - 10,000,000 shares authorized 0 0
Common stock - 800,000,000 shares authorized; 239,069,774 and 243,835,893 shares issued and outstanding as of June 30, 2016, and December 31, 2015, respectively 6,009 6,298
Retained earnings 6,716 6,474
Accumulated other comprehensive income (loss) 3,195 845
Total stockholders' equity 15,920 13,617
Total liabilities and stockholders' equity $ 263,028 $ 251,908