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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities (amortized cost: 2019 – $90,028; 2018 – $91,219) $ 101,925 $ 92,787
Trading securities 4,619 1,869
Equity securities 158 99
Mortgage loans on real estate 15,859 13,190
Policy loans 2,458 2,491
Derivative investments 2,201 1,081
Other investments 2,641 1,962
Total investments 129,861 113,479
Cash and invested cash 2,238 1,848
Deferred acquisition costs and value of business acquired 7,514 10,308
Premiums and fees receivable 439 568
Accrued investment income 1,148 1,087
Reinsurance recoverables 19,491 19,826
Reinsurance related embedded derivatives   188
Funds withheld reinsurance assets 549 563
Goodwill 1,778 1,782
Other assets 18,175 16,663
Separate account assets 145,092 132,833
Total assets 326,285 299,145
Liabilities    
Future contract benefits 35,398 33,884
Other contract holder funds 94,668 90,573
Short-term debt 568 288
Long-term debt 2,406 2,401
Reinsurance related embedded derivatives 465  
Funds withheld reinsurance liabilities 6,229 4,860
Payables for collateral on investments 5,525 4,786
Other liabilities 14,158 13,201
Separate account liabilities 145,092 132,833
Total liabilities 304,509 282,826
Contingencies and Commitments (See Note 11)
Stockholder’s Equity    
Common stock – 10,000,000 shares authorized, issued and outstanding 11,251 11,237
Retained earnings 4,028 4,423
Accumulated other comprehensive income (loss) 6,497 659
Total stockholder’s equity 21,776 16,319
Total liabilities and stockholder’s equity $ 326,285 $ 299,145