Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Investments:
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2020 – $95,183; 2019 – $93,307; allowance for credit losses: 2020 – $18; 2019 – $0)	$ 101,277	$ 103,773
Trading securities	3,959	4,602
Equity securities	83	103
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2020 – $765; 2019 – $0)	16,690	16,244
Policy loans	2,554	2,460
Derivative investments	4,417	1,911
Other investments	3,220	2,565
Total investments	132,200	131,658
Cash and invested cash	5,266	1,879
Deferred acquisition costs and value of business acquired	9,239	7,745
Premiums and fees receivable	562	464
Accrued investment income	1,152	1,109
Reinsurance recoverables, net of allowance for credit losses	19,511	19,164
Reinsurance related embedded derivatives	254
Funds withheld reinsurance assets	535	542
Goodwill	1,778	1,778
Other assets	23,872	18,106
Separate account assets	130,617	153,571
Total assets	324,986	336,016
Liabilities
Future contract benefits	36,411	35,717
Other contract holder funds	98,928	97,422
Short-term debt	620	609
Long-term debt	2,397	2,414
Reinsurance related embedded derivatives		375
Funds withheld reinsurance liabilities	10,148	5,566
Payables for collateral on investments	8,435	5,077
Other liabilities	17,433	13,680
Separate account liabilities	130,617	153,571
Total liabilities	304,989	314,431
Contingencies and Commitments (See Note 10)
Stockholder’s Equity
Common stock – 10,000,000 shares authorized, issued and outstanding	11,791	11,312
Retained earnings	4,433	4,437
Accumulated other comprehensive income (loss)	3,773	5,836
Total stockholder’s equity	19,997	21,585
Total liabilities and stockholder’s equity	$ 324,986	$ 336,016