XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $58,523 and $58,599, respectively) $ 60,753 $ 63,333
Equity securities, at estimated fair value (cost: $140 and $142, respectively) 153 161
Mortgage loans (net of valuation allowances of $51 and $46, respectively; includes $96 and $115, respectively, at estimated fair value, relating to variable interest entities) 12,237 10,640
Policy loans 1,043 1,106
Real estate joint ventures 449 433
Other limited partnership interests 1,704 1,667
Short-term investments, principally at estimated fair value 115 269
Other invested assets, principally at estimated fair value 2,317 2,519
Total investments 78,771 80,128
Cash and cash equivalents, principally at estimated fair value 1,717 1,363
Accrued investment income (includes $0 and $1, respectively, relating to variable interest entities) 583 575
Premiums, reinsurance and other receivables 13,024 12,918
Deferred policy acquisition costs and value of business acquired 5,343 5,623
Current income tax recoverable 807 735
Other assets 533 547
Separate account assets 103,801 110,156
Total assets 204,579 212,045
Liabilities    
Future policy benefits 35,183 35,715
Policyholder account balances 37,629 37,069
Other Policyholder Funds 2,681 2,720
Payables for collateral under securities loaned and other transactions 4,255 4,158
Long-term debt (includes $5 and $11, respectively, at estimated fair value, relating to variable interest entities) 40 46
Deferred Tax Liabilities, Net 646 894
Other Liabilities 4,589 4,419
Separate account liabilities 103,801 110,156
Total liabilities 188,824 195,177
Contingencies, Commitments and Guarantees (Note 11)
Equity    
Common stock, par value $25,000 per share; 4,000 shares authorized; 3,000 shares issued and outstanding 75 75
Additional paid-in capital 19,073 19,073
Retained earnings (deficit) (4,223) (4,132)
Accumulated other comprehensive income (loss) 815 1,837
Total equity 15,740 16,853
Stockholders' Equity Attributable to Noncontrolling Interest 15 15
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 15,755 16,868
Total liabilities and equity $ 204,579 $ 212,045