Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost of $22,694 as of 2019 and $22,860 as of 2018)	$ 23,663	$ 22,981
Fixed maturities, at fair value using the fair value option	1,221	1,171
Equity securities, at fair value (cost of $75 as of 2019 and $45 as of 2018)	87	57
Short-term investments	50	50
Mortgage loans on real estate, net of valuation allowance of $1 as of 2019 and 2018	4,811	4,918
Policy loans	207	210
Limited partnerships/corporations	587	583
Derivatives	122	128
Other investments	35	40
Total investments	31,801	31,020
Cash and cash equivalents	381	364
Short-term investments under securities loan agreements, including collateral delivered	969	793
Accrued investment income	328	301
Premiums receivable and reinsurance recoverable	1,390	1,409
Deferred policy acquisition costs, Value of business acquired and Sales inducements to contract owners	892	1,104
Short-term loan to affiliate	103	0
Current income tax recoverable	2	35
Due from affiliates	48	54
Property and equipment	62	62
Other assets	179	251
Assets held in separate accounts	73,369	67,323
Total assets	109,524	102,716
Liabilities and Shareholder's Equity
Future policy benefits and contract owner account balances	30,563	30,695
Payable for securities purchased	65	49
Payables under securities loan agreements, including collateral held	916	827
Due to affiliates	83	73
Derivatives	182	99
Deferred income taxes	199	64
Other liabilities	258	264
Liabilities related to separate accounts	73,369	67,323
Total liabilities	105,635	99,394
Commitments and Contingencies (Note 9)
Shareholder's equity:
Common stock (100,000 shares authorized, 55,000 issued and outstanding as of 2019 and 2018; $50 par value per share)	3	3
Additional paid-in capital	2,728	2,728
Accumulated other comprehensive income (loss)	747	108
Retained earnings (deficit)	411	483
Total shareholder's equity	3,889	3,322
Total liabilities and shareholder's equity	109,524	102,716
Collateral Pledged
Investments:
Securities pledged (amortized cost of $948 as of 2019 and $867 as of 2018)	$ 1,018	$ 882