Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Investments:
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2022 - $109,019; 2021 - $104,526; allowance for credit losses: 2022 - $12; 2021 - $19)	$ 103,002	$ 117,511
Trading securities	3,778	4,427
Equity securities	345	314
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2022 - $528; 2021 - $739)	17,830	17,893
Policy loans	2,355	2,349
Derivative investments	3,370	5,437
Other investments	3,758	3,449
Total investments	134,438	151,380
Cash and invested cash	1,277	2,331
Deferred acquisition costs and value of business acquired	11,832	5,985
Premiums and fees receivable	651	580
Accrued investment income	1,196	1,157
Reinsurance recoverables, net of allowance for credit losses	23,554	22,755
Funds withheld reinsurance assets	506	517
Goodwill	1,778	1,778
Other assets	19,412	22,949
Separate account assets	145,791	182,583
Total assets	340,435	392,015
Liabilities
Future contract benefits	38,735	40,416
Other contract holder funds	114,634	111,174
Short-term debt	698	1,084
Long-term debt	2,267	2,334
Reinsurance-related embedded derivatives		578
Funds withheld reinsurance liabilities	6,433	7,089
Payables for collateral on investments	7,525	8,936
Other liabilities	11,725	15,441
Separate account liabilities	145,791	182,583
Total liabilities	327,808	369,635
Contingencies and Commitments (See Note 9)
Stockholder’s Equity
Common stock – 10,000,000 shares authorized, issued and outstanding	12,020	11,950
Retained earnings	4,506	3,886
Accumulated other comprehensive income (loss)	(3,899)	6,544
Total stockholder’s equity	12,627	22,380
Total liabilities and stockholder’s equity	$ 340,435	$ 392,015