CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019
Investments:
Fixed maturities available-for-sale, at fair value (amortized cost of $63,615 and $59,278) (allowance for credit losses of $13 at June 30, 2020)		$ 71,822	$ 62,362
Mortgage loans on real estate (net of allowance for credit losses of $66 at June 30, 2020)		12,506	12,090
Policy loans		3,225	3,270
Other equity investments	[1]	1,154	1,149
Trading securities, at fair value		6,141	6,598
Other invested assets		1,962	2,156
Total investments		96,810	87,625
Cash and cash equivalents		4,318	1,492
Deferred policy acquisition costs		3,746	4,337
Amounts due from reinsurers (allowance for credit losses of $6 at June 30, 2020)		3,032	3,001
Loans to affiliates		1,200	1,200
GMIB reinsurance contract asset, at fair value		3,433	2,466
Current and deferred income taxes		0	224
Other assets		3,071	3,050
Separate Accounts assets		116,768	124,646
Total Assets		232,378	228,041
LIABILITIES
Policyholders’ account balances		55,732	55,421
Future policy benefits and other policyholders' liabilities		41,382	33,976
Broker-dealer related payables		647	428
Amounts due to reinsurers		96	105
Current and deferred income taxes		1,020	0
Other liabilities		1,531	1,768
Separate Accounts liabilities		116,768	124,646
Total Liabilities		217,176	216,344
Redeemable noncontrolling interest	[2]	36	39
Commitments and contingent liabilities
Equity attributable to Equitable Financial:
Common stock, $1.25 par value; 2,000,000 shares authorized, issued and outstanding		2	2
Additional paid-in capital		7,821	7,809
Retained earnings		2,658	2,242
Accumulated other comprehensive income (loss)		4,676	1,592
Total equity attributable to Equitable Financial		15,157	11,645
Noncontrolling interest		9	13
Total Equity		15,166	11,658
Total Liabilities, Redeemable Noncontrolling Interest and Equity		$ 232,378	$ 228,041

[1] See Note 2 for details of balances with variable interest entities.

[2] See Note 12 for details of Redeemable noncontrolling interest.