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SCHEDULE I - SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES
12 Months Ended
Dec. 31, 2015
Summary of Investments, Other than Investments in Related Parties [Abstract]  
Schedule I - Summary of Investments - Other than Investments in Related Parties
SCHEDULE I
SUMMARY OF INVESTMENTS—OTHER THAN INVESTMENTS IN RELATED PARTIES
DECEMBER 31, 2015
Type of Investment
Cost(A)
 
Fair Value
 
Carrying
Value
 
(In Millions)
Fixed Maturities:
 
 
 
 
 
U.S. government, agencies and authorities
$
8,800

 
$
8,775

 
$
8,775

State, municipalities and political subdivisions
437

 
504

 
504

Foreign governments
387

 
403

 
403

Public utilities
3,280

 
3,437

 
3,437

All other corporate bonds
17,738

 
18,160

 
18,160

Redeemable preferred stocks
559

 
614

 
614

Total fixed maturities
31,201

 
31,893

 
31,893

Equity securities:
 
 
 
 
 
Common stocks:
 
 
 
 
 
Industrial, miscellaneous and all other(B)
34

 
32

 
32

Mortgage loans on real estate
7,171

 
7,257

 
7,171

Policy loans
3,393

 
4,343

 
3,393

Other limited partnership interests and equity investments(B)
1,443

 
1,443

 
1,445

Trading securities
6,866

 
6,805

 
6,805

Other invested assets
1,788

 
1,788

 
1,788

Total Investments
$
51,896

 
$
53,561

 
$
52,527



(A)
Cost for fixed maturities represents original cost, reduced by repayments and writedowns and adjusted for amortization of premiums or accretion of discount; cost for equity securities represents original cost reduced by writedowns; cost for other limited partnership interests represents original cost adjusted for equity in earnings and reduced by distributions.

(B)
Included in Other Equity Investments.