XML 11 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $57,289 and $59,852, respectively, includes $0 and $3,194, respectively, relating to variable interest entities) $ 59,899 $ 62,121
Equity securities available-for-sale, at estimated fair value (cost: $280 and $432, respectively, includes $0 and $48, respectively, relating to variable interest entities) 300 457
Mortgage loans (net of valuation allowances of $40 and $36, respectively; includes $136 and $172, respectively, at estimated fair value, relating to variable interest entities) 9,290 7,404
Policy loans 1,093 1,266
Real Estate Investments, Net 215 628
Other limited partnership interests 1,639 1,846
Short-term investments, principally at estimated fair value (includes $344 and $35, respectively, relating to variable interest entities) 1,272 1,796
Other invested assets, principally at estimated fair value (includes $0 and $50, respectively, relating to variable interest entities) 5,029 6,129
Total investments 78,737 81,647
Cash and cash equivalents, principally at estimated fair value (includes $3,078 and $47, respectively, relating to variable interest entities) 5,057 1,507
Accrued investment income (includes $1 and $1, respectively, relating to variable interest entities) 668 585
Premiums, reinsurance and other receivables 13,853 18,104
Deferred policy acquisition costs and value of business acquired 6,339 5,777
Current income tax recoverable 736 226
Goodwill 0 381
Other assets, principally at estimated fair value 689 862
Separate account assets 105,346 106,527
Total assets 211,425 215,616
Liabilities    
Future policy benefits 32,752 30,508
Policyholder account balances 36,579 36,725
Other policy-related balances 2,712 2,802
Payables for collateral under securities loaned and other transactions 7,371 10,622
Long-term debt (includes $23 and $48, respectively, at estimated fair value, relating to variable interest entities) 1,904 1,936
Deferred income tax liability 2,451 3,935
Other liabilities (includes $1 and $1, respectively, relating to variable interest entities) 5,445 3,925
Separate account liabilities 105,346 106,527
Total liabilities 194,560 196,980
Contingencies, Commitments and Guarantees (Note 16)
Stockholder’s 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 18,461 16,850
Retained earnings (deficit) (2,919) 117
Accumulated other comprehensive income (loss) 1,248 1,594
Total stockholder’s equity 16,865 18,636
Total liabilities and stockholder’s equity $ 211,425 $ 215,616