Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Investments:
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2020 – $104,174; 2019 – $94,295; allowance for credit losses: 2020 – $13; 2019 – $0)	$ 123,044	$ 105,200
Trading securities	4,501	4,673
Equity securities	129	103
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2020 – $832; 2019 – $0)	16,763	16,339
Policy loans	2,426	2,477
Derivative investments	3,109	1,911
Other investments	3,984	2,994
Total investments	153,956	133,697
Cash and invested cash	1,708	2,563
Deferred acquisition costs and value of business acquired	5,812	7,694
Premiums and fees receivable	486	465
Accrued investment income	1,257	1,148
Reinsurance recoverables, net of allowance for credit losses	16,496	17,144
Funds withheld reinsurance assets	530	536
Goodwill	1,778	1,778
Other assets	15,960	16,170
Separate account assets	167,965	153,566
Total assets	365,948	334,761
Liabilities
Future contract benefits	40,814	36,420
Other contract holder funds	105,405	98,018
Short-term debt		300
Long-term debt	6,682	6,067
Reinsurance related embedded derivatives	392	327
Funds withheld reinsurance liabilities	1,946	1,810
Payables for collateral on investments	6,222	5,082
Other liabilities	13,823	13,482
Separate account liabilities	167,965	153,566
Total liabilities	343,249	315,072
Contingencies and Commitments (See Note 14)
Stockholders' Equity
Preferred stock - 10,000,000 shares authorized
Common stock – 800,000,000 shares authorized; 192,329,691 and 196,668,532 shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively	5,082	5,162
Retained earnings	8,686	8,854
Accumulated other comprehensive income (loss)	8,931	5,673
Total stockholders' equity	22,699	19,689
Total liabilities and stockholders' equity	$ 365,948	$ 334,761