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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $57,134 and $57,289, respectively) $ 61,483 $ 59,899
Equity securities available-for-sale, at estimated fair value (cost: $234 and $280, respectively) 265 300
Mortgage loans (net of valuation allowances of $44 and $40, respectively; includes $119 and $136, respectively, at estimated fair value, relating to variable interest entities) 10,328 9,290
Policy loans 1,101 1,093
Real estate and real estate joint ventures 407 215
Other limited partnership interests 1,651 1,639
Short-term investments, principally at estimated fair value (includes $0 and $344, respectively, relating to variable interest entities) 1,096 1,272
Other invested assets, principally at estimated fair value 2,676 5,029
Total investments 79,007 78,737
Cash and cash equivalents, principally at estimated fair value (includes $0 and $3,078, respectively, relating to variable interest entities) 1,388 5,057
Accrued investment income (includes $1 and $1, respectively, relating to variable interest entities) 613 668
Premiums, reinsurance and other receivables 13,005 13,853
Deferred policy acquisition costs and value of business acquired 5,737 6,339
Current income tax recoverable 1,768 736
Other assets 579 689
Separate account assets 108,843 105,346
Total assets 210,940 211,425
Liabilities    
Future policy benefits 35,379 32,752
Policyholder account balances 36,571 36,579
Other policy-related balances 2,688 2,712
Payables for collateral under securities loaned and other transactions 4,556 7,371
Long-term debt (includes $14 and $23, respectively, at estimated fair value, relating to variable interest entities) 50 1,904
Deferred Tax Liabilities, Net 1,960 2,451
Other Liabilities 4,916 5,445
Separate account liabilities 108,843 105,346
Total liabilities 194,963 194,560
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 18,859 18,461
Retained earnings (deficit) (4,237) (2,919)
Accumulated other comprehensive income (loss) 1,265 1,248
Total equity 15,962 16,865
Stockholders' Equity Attributable to Noncontrolling Interest 15 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 15,977 16,865
Total liabilities and equity $ 210,940 $ 211,425