Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Investments:
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2020 – $96,217; 2019 – $94,295; allowance for credit losses: 2020 – $20; 2019 – $0)	$ 102,606	$ 105,200
Trading securities	4,019	4,673
Equity securities	83	103
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2020 – $765; 2019 – $0)	16,791	16,339
Policy loans	2,571	2,477
Derivative investments	4,417	1,911
Other investments	4,765	2,994
Total investments	135,252	133,697
Cash and invested cash	6,202	2,563
Deferred acquisition costs and value of business acquired	9,212	7,694
Premiums and fees receivable	562	465
Accrued investment income	1,185	1,148
Reinsurance recoverables, net of allowance for credit losses	16,923	17,144
Reinsurance related embedded derivatives	137
Funds withheld reinsurance assets	535	536
Goodwill	1,778	1,778
Other assets	16,246	16,170
Separate account assets	130,617	153,566
Total assets	318,649	334,761
Liabilities
Future contract benefits	37,100	36,420
Other contract holder funds	99,508	98,018
Short-term debt		300
Long-term debt	6,748	6,067
Reinsurance related embedded derivatives		327
Funds withheld reinsurance liabilities	1,843	1,810
Payables for collateral on investments	8,434	5,082
Other liabilities	17,824	13,482
Separate account liabilities	130,617	153,566
Total liabilities	302,074	315,072
Contingencies and Commitments (See Note 11)
Stockholders' Equity
Preferred stock - 10,000,000 shares authorized
Common stock – 800,000,000 shares authorized; 193,208,244 and 196,668,532 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively	5,071	5,162
Retained earnings	8,500	8,854
Accumulated other comprehensive income (loss)	3,004	5,673
Total stockholders' equity	16,575	19,689
Total liabilities and stockholders' equity	$ 318,649	$ 334,761