Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Investments:
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2022 - $106,974; 2021 - $104,526; allowance for credit losses: 2022 - $20; 2021 - $19)	$ 109,921	$ 117,511
Trading securities	4,334	4,427
Equity securities	340	314
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2022 - $537; 2021 - $739)	17,795	17,893
Policy loans	2,325	2,349
Derivative investments	4,840	5,437
Other investments	3,527	3,449
Total investments	143,082	151,380
Cash and invested cash	1,722	2,331
Deferred acquisition costs and value of business acquired	8,688	5,985
Premiums and fees receivable	671	580
Accrued investment income	1,209	1,157
Reinsurance recoverables, net of allowance for credit losses	22,870	22,755
Funds withheld reinsurance assets	510	517
Goodwill	1,778	1,778
Other assets	21,309	22,949
Separate account assets	168,879	182,583
Total assets	370,718	392,015
Liabilities
Future contract benefits	39,186	40,416
Other contract holder funds	112,387	111,174
Short-term debt	737	1,084
Long-term debt	2,311	2,334
Reinsurance-related embedded derivatives	31	578
Funds withheld reinsurance liabilities	6,155	7,089
Payables for collateral on investments	8,905	8,936
Other liabilities	14,298	15,441
Separate account liabilities	168,879	182,583
Total liabilities	352,889	369,635
Contingencies and Commitments (See Note 9)
Stockholder’s Equity
Common stock – 10,000,000 shares authorized, issued and outstanding	11,948	11,950
Retained earnings	4,330	3,886
Accumulated other comprehensive income (loss)	1,551	6,544
Total stockholder’s equity	17,829	22,380
Total liabilities and stockholder’s equity	$ 370,718	$ 392,015