Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Investments:
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2023 - $113,321; 2022 - $110,944; allowance for credit losses: 2023 - $37; 2022 - $21)	$ 104,170	$ 99,465
Trading securities	3,217	3,446
Equity securities	414	427
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2023 - $490; 2022 - $487)	18,237	18,211
Policy loans	2,370	2,345
Derivative investments	3,988	3,519
Other investments	3,718	3,577
Total investments	136,114	130,990
Cash and invested cash	2,752	2,499
Deferred acquisition costs, value of business acquired and deferred sales inducements	12,304	12,263
Reinsurance recoverables, net of allowance for credit losses	21,172	21,264
Market risk benefit assets	3,445	2,807
Accrued investment income	1,253	1,234
Goodwill	1,144	1,144
Other assets	20,917	19,926
Separate account assets	148,421	143,536
Total assets	347,522	335,663
Liabilities
Policyholder account balances	115,714	113,972
Future contract benefits	39,245	38,302
Market risk benefit liabilities	1,976	2,078
Deferred front-end loads	5,244	5,045
Payables for collateral on investments	6,784	6,638
Short-term debt	101	562
Long-term debt	2,247	2,269
Other liabilities	17,587	14,657
Separate account liabilities	148,421	143,536
Total liabilities	337,319	327,059
Contingencies and Commitments (See Note 13)
Stockholder’s Equity
Common stock – 10,000,000 shares authorized, issued and outstanding	12,922	12,903
Retained earnings	381	1,414
Accumulated other comprehensive income (loss)	(3,100)	(5,713)
Total stockholder’s equity	10,203	8,604
Total liabilities and stockholder’s equity	$ 347,522	$ 335,663