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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Available-for-sale securities, at fair value    
Mortgage loans, net of allowances (portion at fair value: 2016 – $44 and 2015 – $48) $ 5,470 $ 5,500
Investment funds 2,460 2,264
Cash and cash equivalents [1] 2,459 2,720
Reinsurance recoverable (portion at fair value: 2016 – $1,692 and 2015 – $2,377) 6,001 7,257
Deferred acquisition costs, deferred sales inducements and value of business acquired 2,964 2,663
Trading securities, at fair value    
Total assets 86,720 80,854
Liabilities    
Total liabilities 79,814 75,491
Equity    
Additional paid-in capital 3,421 3,281
Retained earnings 3,117 2,318
Accumulated other comprehensive income (loss) (related party: 2016 – $12 and 2015 – $(24)) 367 (237)
Total Athene Holding Ltd. shareholders' equity 6,905 5,362
Noncontrolling interest 1 1
Total equity 6,906 5,363
Total liabilities and equity 86,720 80,854
Related Party    
Equity    
Accumulated other comprehensive income (loss) (related party: 2016 – $12 and 2015 – $(24)) 12 (24)
Consolidated Entity Excluding Variable Interest Entities (VIE) and Related Party    
Available-for-sale securities, at fair value    
Fixed maturity securities 52,033 47,816
Equity securities 353 407
Trading securities, at fair value 2,581 2,468
Mortgage loans, net of allowances (portion at fair value: 2016 – $44 and 2015 – $48) 5,470 5,500
Investment funds 689 733
Policy loans 602 642
Funds withheld at interest (portion at fair value: 2016 – $140 and 2015 – $36) 6,538 3,482
Derivative assets 1,370 871
Real estate (portion held for sale: 2016 – $23 and 2015 – $0) 542 566
Short-term investments 189 135
Other investments 81 83
Total investments 70,448 62,703
Consolidated Entity Excluding Variable Interest Entities (VIE)    
Available-for-sale securities, at fair value    
Fixed maturity securities 52,368  
Cash and cash equivalents 2,445 2,714
Restricted cash 57 116
Accrued investment income (related party: 2016 – $9 and 2015 – $9) 554 520
Reinsurance recoverable (portion at fair value: 2016 – $1,692 and 2015 – $2,377) 6,001 7,257
Deferred acquisition costs, deferred sales inducements and value of business acquired 2,964 2,663
Current income tax recoverable 107 113
Deferred tax assets 369 606
Other assets 869 749
Liabilities    
Interest sensitive contract liabilities (portion at fair value: 2016 – $6,574 and 2015 – $6,359) 61,532 57,296
Future policy benefits (portion at fair value: 2016 – $2,400 and 2015 – $2,478) 14,569 14,540
Other policy claims and benefits 217 234
Dividends payable to policyholders 974 856
Derivative liabilities 40 17
Payables for collateral on derivatives 1,383 867
Funds withheld liability (portion at fair value: 2016 – $6 and 2015 – $35) 380 388
Other liabilities 685 776
Consolidated Entity Excluding Variable Interest Entities (VIE) | Related Party    
Available-for-sale securities, at fair value    
Fixed maturity securities 335 308
Equity securities 20 0
Trading securities, at fair value 195 217
Investment funds 1,198 997
Short-term investments 0 55
Other investments 237 245
Accrued investment income (related party: 2016 – $9 and 2015 – $9) 9 9
Liabilities    
Other liabilities 56 63
Variable Interest Entities    
Available-for-sale securities, at fair value    
Cash and cash equivalents 14 6
Other assets 6 20
Trading securities, at fair value    
Fixed maturity securities (related party: 2016 – $50 and 2015 – $53) 50 722
Liabilities    
Other liabilities 34 17
Borrowings 0 500
Variable Interest Entities | Related Party    
Available-for-sale securities, at fair value    
Equity securities 161 0
Investment funds 573 534
Trading securities, at fair value    
Fixed maturity securities (related party: 2016 – $50 and 2015 – $53) 50 53
Equity securities – related party 117 309
Common Class A    
Equity    
Common stock 0 0
Common Class B    
Equity    
Common stock 0 0
Common Class M-1    
Equity    
Common stock 0 0
Common Class M-2    
Equity    
Common stock 0 0
Common Class M-3    
Equity    
Common stock 0 0
Common Class M-4    
Equity    
Common stock $ 0 $ 0
[1] Includes cash and cash equivalents of consolidated variable interest entities