CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020		Dec. 31, 2019
Investments:
Available-for-Sale: Fixed maturities, at fair value (amortized cost: 2020, $19,512; 2019, $19,111) (net of allowance for credit losses: 2020, $13)	$ 21,587		$ 20,902
Mortgage loans, at amortized cost (net of allowance for loan losses: 2020, $27; 2019, $17)	2,665		2,655
Policy loans	855		867
Other Investments (net of allowance for credit losses: 2020, $7; 2019, $4)	696		734
Total investments	25,803		25,158
Cash and cash equivalents	4,040		1,275
Reinsurance recoverables (net of allowance for credit losses: 2020, $7)	3,234	[1]	3,198
Other receivables	1,661		1,713
Accrued investment income	164		169
Deferred acquisition costs	2,477		2,673
Other assets	7,169		5,332
Separate account assets	79,059		82,425
Total assets	123,607		121,943
Liabilities:
Policyholder account balances, future policy benefits and claims	33,305		30,504
Short-term borrowings	200		201
Line of credit with Ameriprise Financial, Inc.	0		50
Other liabilities	7,082		5,427
Separate account liabilities	79,059		82,425
Total liabilities	$ 119,646		$ 118,607
Common stock, par value (in dollars per share)	$ 30		$ 30
Common stock, shares outstanding (in shares)	100,000		100,000
Common stock, shares issued (in shares)	100,000		100,000
Common stock, shares authorized (in shares)	100,000		100,000
Shareholder's equity:
Common Stock, Value, Issued	$ 3		$ 3
Additional paid-in capital	2,466		2,466
Retained earnings	787		293
Accumulated other comprehensive income, net of tax	705		574
Total shareholder's equity	3,961		3,336
Total liabilities and shareholder's equity	$ 123,607		$ 121,943

[1] Prior to January 1, 2020, the allowance for credit losses is not applicable to Available-for-Sale securities and Reinsurance recoverables. See Notes 2, 3, 6 and 7 for more information.