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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities (amortized cost: 2019 – $91,669; 2018 – $91,219) $ 96,648 $ 92,787
Trading securities 3,231 1,869
Equity securities 153 99
Mortgage loans on real estate 13,925 13,190
Policy loans 2,481 2,491
Derivative investments 974 1,081
Other investments 2,372 1,962
Total investments 119,784 113,479
Cash and invested cash 1,320 1,848
Deferred acquisition costs and value of business acquired 9,456 10,308
Premiums and fees receivable 606 568
Accrued investment income 1,158 1,087
Reinsurance recoverables 19,628 19,826
Reinsurance related embedded derivatives   188
Funds withheld reinsurance assets 555 563
Goodwill 1,778 1,782
Other assets 17,273 16,663
Separate account assets 143,369 132,833
Total assets 314,927 299,145
Liabilities    
Future contract benefits 33,268 33,884
Other contract holder funds 93,311 90,573
Short-term debt 686 288
Long-term debt 2,387 2,401
Reinsurance related embedded derivatives 80  
Funds withheld reinsurance liabilities 4,677 4,860
Payables for collateral on investments 5,361 4,786
Other liabilities 13,538 13,201
Separate account liabilities 143,369 132,833
Total liabilities 296,677 282,826
Contingencies and Commitments (See Note 11)
Stockholder’s Equity    
Common stock – 10,000,000 shares authorized, issued and outstanding 11,240 11,237
Retained earnings 4,356 4,423
Accumulated other comprehensive income (loss) 2,654 659
Total stockholder’s equity 18,250 16,319
Total liabilities and stockholder’s equity $ 314,927 $ 299,145