Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost of $22,758 as of 2019 and $22,860 as of 2018)	$ 24,378	$ 22,981
Fixed maturities, at fair value using the fair value option	1,347	1,171
Equity securities, at fair value (cost of $75 as of 2019 and $45 as of 2018)	90	57
Short-term investments	50	50
Mortgage loans on real estate, net of valuation allowance of $0 as of 2019 and $1 as of 2018	4,741	4,918
Policy loans	207	210
Limited partnerships/corporations	637	583
Derivatives	215	128
Other investments	45	40
Total investments	32,685	31,020
Cash and cash equivalents	276	364
Short-term investments under securities loan agreements, including collateral delivered	1,089	793
Accrued investment income	311	301
Premiums receivable and reinsurance recoverable	1,354	1,409
Deferred policy acquisition costs, Value of business acquired and Sales inducements to contract owners	738	1,104
Current income tax recoverable	0	35
Due from affiliates	42	54
Property and equipment	61	62
Other assets	185	251
Assets held in separate accounts	75,592	67,323
Total assets	112,333	102,716
Liabilities and Shareholder's Equity
Future policy benefits and contract owner account balances	30,653	30,695
Payable for securities purchased	74	49
Payables under securities loan agreements, including collateral held	968	827
Due to affiliates	104	73
Derivatives	334	99
Current income tax payable to Parent	1	0
Deferred income taxes	315	64
Other liabilities	277	264
Liabilities related to separate accounts	75,592	67,323
Total liabilities	108,318	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)	1,140	108
Retained earnings (deficit)	144	483
Total shareholder's equity	4,015	3,322
Total liabilities and shareholder's equity	112,333	102,716
Collateral Pledged
Investments:
Securities pledged (amortized cost of $869 as of 2019 and $867 as of 2018)	$ 975	$ 882