CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2020		Dec. 31, 2019
Investments:
Available-for-Sale: Fixed maturities, at fair value (amortized cost: 2020, $20,338; 2019, $19,111) (net of allowance for credit losses: 2020, $13)	$ 22,619		$ 20,902
Mortgage loans, at amortized cost (net of allowance for loan losses: 2020, $28; 2019, $17)	2,628		2,655
Policy loans	849		867
Other Investments (net of allowance for credit losses: 2020, $7; 2019, $4)	744		734
Total investments	26,840		25,158
Cash and cash equivalents	3,560		1,275
Reinsurance recoverables (net of allowance for credit losses: 2020, $7)	3,385	[1]	3,198
Other receivables	1,690		1,713
Accrued investment income	178		169
Deferred acquisition costs	2,429		2,673
Other assets	6,338		5,332
Separate account assets	81,348		82,425
Total assets	125,768		121,943
Liabilities:
Policyholder account balances, future policy benefits and claims	34,012		30,504
Short-term borrowings	200		201
Line of credit with Ameriprise Financial, Inc.	0		50
Other liabilities	6,743		5,427
Separate account liabilities	81,348		82,425
Total liabilities	$ 122,303		$ 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	203		293
Accumulated other comprehensive income, net of tax	793		574
Total shareholder's equity	3,465		3,336
Total liabilities and shareholder's equity	$ 125,768		$ 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.