Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Investments:
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2020 – $98,817; 2019 – $94,295; allowance for credit losses: 2020 – $22; 2019 – $0)	$ 113,519	$ 105,200
Trading securities	4,651	4,673
Equity securities	87	103
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2020 – $777; 2019 – $0)	16,578	16,339
Policy loans	2,551	2,477
Derivative investments	2,957	1,911
Other investments	4,574	2,994
Total investments	144,917	133,697
Cash and invested cash	4,201	2,563
Deferred acquisition costs and value of business acquired	7,012	7,694
Premiums and fees receivable	490	465
Accrued investment income	1,168	1,148
Reinsurance recoverables, net of allowance for credit losses	16,866	17,144
Funds withheld reinsurance assets	535	536
Goodwill	1,778	1,778
Other assets	15,905	16,170
Separate account assets	146,787	153,566
Total assets	339,659	334,761
Liabilities
Future contract benefits	38,604	36,420
Other contract holder funds	100,537	98,018
Short-term debt		300
Long-term debt	6,736	6,067
Reinsurance related embedded derivatives	245	327
Funds withheld reinsurance liabilities	1,867	1,810
Payables for collateral on investments	7,031	5,082
Other liabilities	17,121	13,482
Separate account liabilities	146,787	153,566
Total liabilities	318,928	315,072
Contingencies and Commitments (See Note 11)
Stockholders' Equity
Preferred stock - 10,000,000 shares authorized
Common stock – 800,000,000 shares authorized; 193,247,103 and 196,668,532 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	5,081	5,162
Retained earnings	8,327	8,854
Accumulated other comprehensive income (loss)	7,323	5,673
Total stockholders' equity	20,731	19,689
Total liabilities and stockholders' equity	$ 339,659	$ 334,761