Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Investments:
Fixed maturity available-for-sale securities, at fair value	$ 87,111	$ 88,738
Trading securities	2,025	2,359
Equity securities	294	306
Mortgage loans on real estate, net of allowance for credit losses	21,083	18,963
Policy loans	2,476	2,476
Derivative investments	9,677	6,474
Other investments	6,588	5,015
Total investments	129,254	124,331
Cash and invested cash	5,801	3,365
Deferred acquisition costs, value of business acquired and deferred sales inducements	12,537	12,397
Reinsurance recoverables, net of allowance for credit losses	28,750	29,843
Deposit assets, net of allowance for credit losses	30,776	29,247
Market risk benefit assets	4,860	3,894
Accrued investment income	1,108	1,082
Goodwill	1,144	1,144
Other assets	8,163	8,853
Separate account assets	168,438	158,257
Total assets	390,831	372,413
Liabilities
Policyholder account balances	126,197	120,737
Future contract benefits	39,807	39,864
Funds withheld reinsurance liabilities	16,907	17,641
Market risk benefit liabilities	1,046	1,716
Deferred front-end loads	6,730	5,901
Payables for collateral on investments	10,020	8,105
Short-term debt	300	250
Long-term debt	5,856	5,699
Other liabilities	7,261	7,350
Separate account liabilities	168,438	158,257
Total liabilities	382,562	365,520
Contingencies and Commitments (See Note 17)
Stockholders’ Equity
Common stock	4,674	4,605
Retained earnings	7,645	4,778
Accumulated other comprehensive income (loss)	(5,036)	(3,476)
Total stockholders’ equity	8,269	6,893
Total liabilities and stockholders’ equity	390,831	372,413
Series C Preferred Stock
Stockholders’ Equity
Preferred stock	493	493
Series D Preferred Stock
Stockholders’ Equity
Preferred stock	$ 493	$ 493