Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Investments:
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2020 – $97,789; 2019 – $93,307; allowance for credit losses: 2020 – $21; 2019 – $0)	$ 111,858	$ 103,773
Trading securities	4,590	4,602
Equity securities	87	103
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2020 – $777; 2019 – $0)	16,489	16,244
Policy loans	2,534	2,460
Derivative investments	2,957	1,911
Other investments	3,183	2,565
Total investments	141,698	131,658
Cash and invested cash	3,219	1,879
Deferred acquisition costs and value of business acquired	6,974	7,745
Premiums and fees receivable	489	464
Accrued investment income	1,129	1,109
Reinsurance recoverables, net of allowance for credit losses	19,184	19,164
Funds withheld reinsurance assets	535	542
Goodwill	1,778	1,778
Other assets	20,846	18,106
Separate account assets	146,787	153,571
Total assets	342,639	336,016
Liabilities
Future contract benefits	37,927	35,717
Other contract holder funds	99,963	97,422
Short-term debt	628	609
Long-term debt	2,401	2,414
Reinsurance related embedded derivatives	323	375
Funds withheld reinsurance liabilities	7,929	5,566
Payables for collateral on investments	7,031	5,077
Other liabilities	15,848	13,680
Separate account liabilities	146,787	153,571
Total liabilities	318,837	314,431
Contingencies and Commitments (See Note 10)
Stockholder’s Equity
Common stock – 10,000,000 shares authorized, issued and outstanding	11,799	11,312
Retained earnings	4,188	4,437
Accumulated other comprehensive income (loss)	7,815	5,836
Total stockholder’s equity	23,802	21,585
Total liabilities and stockholder’s equity	$ 342,639	$ 336,016