Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Investments:
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2021 - $105,530; 2020 - $103,021; allowance for credit losses: 2021 - $9; 2020 - $13)	$ 120,452	$ 121,111
Trading securities	4,175	4,442
Equity securities	170	127
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2021 - $818; 2020 - $832)	17,487	16,681
Policy loans	2,395	2,411
Derivative investments	4,547	3,109
Other investments	3,223	3,025
Total investments	152,449	150,906
Cash and invested cash	1,914	1,462
Deferred acquisition costs and value of business acquired	6,207	5,824
Premiums and fees receivable	582	484
Accrued investment income	1,215	1,217
Reinsurance recoverables, net of allowance for credit losses	18,257	18,752
Funds withheld reinsurance assets	527	530
Goodwill	1,778	1,778
Other assets	22,404	19,401
Separate account assets	178,795	167,965
Total assets	384,128	368,319
Liabilities
Future contract benefits	39,620	40,146
Other contract holder funds	108,249	104,858
Short-term debt	457	497
Long-term debt	2,332	2,412
Reinsurance related embedded derivatives	729	540
Funds withheld reinsurance liabilities	7,025	7,179
Payables for collateral on investments	8,192	6,215
Other liabilities	14,640	13,466
Separate account liabilities	178,795	167,965
Total liabilities	360,039	343,278
Contingencies and Commitments (See Note 11)
Stockholder’s Equity
Common stock – 10,000,000 shares authorized, issued and outstanding	11,930	11,853
Retained earnings	4,598	4,167
Accumulated other comprehensive income (loss)	7,561	9,021
Total stockholder’s equity	24,089	25,041
Total liabilities and stockholder’s equity	$ 384,128	$ 368,319