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SCHEDULE I - SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES
12 Months Ended
Dec. 31, 2016
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, 2016
Type of Investment
Cost(A)
 
Fair Value
 
Carrying
Value
 
(In millions)
Fixed Maturities:
 
 
 
 
 
U.S. government, agencies and authorities
$
10,739

 
$
10,336

 
$
10,336

State, municipalities and political subdivisions
432

 
493

 
493

Foreign governments
365

 
378

 
378

Public utilities
3,437

 
3,617

 
3,617

All other corporate bonds
16,663

 
17,224

 
17,224

Redeemable preferred stocks
487

 
522

 
522

Total fixed maturities
32,123

 
32,570

 
32,570

Equity securities:
 
 
 
 
 
Common stocks:
 
 
 
 
 
Industrial, miscellaneous and all other(B)
113

 
113

 
113

Mortgage loans on real estate
9,765

 
9,608

 
9,757

 
 
 
 
 
 
Policy loans
3,361

 
4,257

 
3,361

Other limited partnership interests and equity investments(B)
1,286

 
1,286

 
1,286

Trading securities
9,177

 
9,134

 
9,134

Other invested assets
2,226

 
2,226

 
2,226

Total Investments
$
58,051

 
$
59,194

 
$
58,447



(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 income and reduced by distributions.

(B)
Included in Other Equity Investments.