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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Available-for-sale securities, at fair value:    
Fixed maturity securities (amortized cost: 2017 - $85,834; 2016 - $84,287) $ 91,102 $ 89,013
Variable interest entities' fixed maturity securities (amortized cost: 2017 - $0; 2016 - $200)   200
Equity securities (cost: 2017 - $263; 2016 - $260) 276 275
Trading securities 1,703 1,712
Mortgage loans on real estate 10,001 9,889
Real estate 24 24
Policy loans 2,432 2,451
Derivative investments 991 927
Other investments 2,104 2,230
Total investments 108,633 106,721
Cash and invested cash 1,923 2,722
Deferred acquisition costs and value of business acquired 9,030 9,134
Premiums and fees receivable 465 430
Accrued investment income 1,124 1,062
Reinsurance recoverables 5,333 5,265
Funds withheld reinsurance assets 610 617
Goodwill 2,273 2,273
Other assets 5,119 5,006
Separate account assets 132,958 128,397
Total assets 267,468 261,627
Liabilities    
Future contract benefits 22,202 21,576
Other contract holder funds 79,078 78,903
Short-term debt 200  
Long-term debt 5,133 5,345
Reinsurance related embedded derivatives 50 53
Funds withheld reinsurance liabilities 1,961 1,976
Deferred gain on business sold through reinsurance 6 24
Payables for collateral on investments 5,086 4,995
Other liabilities 5,821 5,880
Separate account liabilities 132,958 128,397
Total liabilities 252,495 247,149
Contingencies and Commitments (See Note 13)
Stockholders Equity    
Preferred stock - 10,000,000 shares authorized 0 0
Common stock - 800,000,000 shares authorized; 224,888,259 and 226,335,105 shares issued and outstanding as of March 31, 2017, and December 31, 2016, respectively 5,839 5,869
Retained earnings 7,287 7,043
Accumulated other comprehensive income (loss) 1,847 1,566
Total stockholders' equity 14,973 14,478
Total liabilities and stockholders' equity $ 267,468 $ 261,627