Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost of $22,190 as of 2018 and $21,774 as of 2017)	$ 22,572	$ 23,141
Fixed maturities, at fair value using the fair value option	1,171	941
Equity securities, at fair value (cost of $48 as of 2018 and $45 as of 2017)	63	60
Short-term investments	1	25
Mortgage loans on real estate, net of valuation allowance of $1 as of 2018 and 2017	5,002	4,910
Policy loans	212	214
Limited partnerships/corporations	568	411
Derivatives	163	136
Securities pledged (amortized cost of $853 as of 2018 and $864 as of 2017)	907	960
Other investments	39	0
Total investments	30,698	30,798
Cash and cash equivalents	200	288
Short-term investments under securities loan agreements, including collateral delivered	724	765
Accrued investment income	311	304
Premiums receivable and reinsurance recoverable	1,455	1,496
Deferred policy acquisition costs, Value of business acquired and Sales inducements to contract owners	1,001	766
Notes receivable from affiliate	0	175
Short-term loan to affiliate	0	80
Due from affiliates	60	60
Property and equipment	63	64
Other assets	171	140
Assets held in separate accounts	74,181	73,036
Total assets	108,864	107,972
Liabilities and Shareholder's Equity
Future policy benefits and contract owner account balances	30,183	29,669
Payable for securities purchased	22	79
Payables under securities loan agreements, including collateral held	844	845
Short-term debt	1	0
Long-term debt	4	5
Due to affiliates	64	61
Derivatives	70	85
Current income tax payable to Parent	13	23
Deferred income taxes	62	187
Other liabilities	254	401
Liabilities related to separate accounts	74,181	73,036
Total liabilities	105,698	104,391
Commitments and Contingencies (Note 9)
Shareholder's equity:
Common stock (100,000 shares authorized, 55,000 issued and outstanding as of 2018 and 2017; $50 par value per share)	3	3
Additional paid-in capital	2,729	2,730
Accumulated other comprehensive income (loss)	260	818
Retained earnings (deficit)	174	30
Total shareholder's equity	3,166	3,581
Total liabilities and shareholder's equity	$ 108,864	$ 107,972