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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Available-for-sale securities, at fair value    
Mortgage loans, net of allowances (portion at fair value: 2017 – $44 and 2016 – $44) $ 5,453 $ 5,470
Investment funds 2,564 2,460
Cash and cash equivalents [1] 2,565 2,459
Deferred acquisition costs, deferred sales inducements and value of business acquired 2,895 2,964
Total assets 89,220 86,720
Liabilities    
Total liabilities 81,623 79,814
Equity    
Additional paid-in capital 3,436 3,421
Retained earnings 3,488 3,117
Accumulated other comprehensive income (related party: 2017 – $51 and 2016 – $12) 673 367
Total Athene Holding Ltd. shareholders' equity 7,597 6,905
Noncontrolling interest 0 1
Total equity 7,597 6,906
Total liabilities and equity 89,220 86,720
Related Party    
Equity    
Accumulated other comprehensive income (related party: 2017 – $51 and 2016 – $12) 51 12
Consolidated Entity Excluding Variable Interest Entities (VIE) and Related Party    
Available-for-sale securities, at fair value    
Fixed maturity securities 54,225 52,033
Equity securities 422 353
Trading securities, at fair value 2,595 2,581
Mortgage loans, net of allowances (portion at fair value: 2017 – $44 and 2016 – $44) 5,453 5,470
Investment funds 689 689
Policy loans 579 602
Funds withheld at interest (portion at fair value: 2017 – $212 and 2016 – $140) 6,593 6,538
Derivative assets 1,708 1,370
Real estate (portion held for sale: 2017 – $23 and 2016 – $23) 553 542
Short-term investments 166 189
Other investments 82 81
Total investments 73,065 70,448
Consolidated Entity Excluding Variable Interest Entities (VIE)    
Available-for-sale securities, at fair value    
Fixed maturity securities 54,586  
Cash and cash equivalents 2,563 2,445
Restricted cash 73 57
Accrued investment income (related party: 2017 – $9 and 2016 – $9) 575 554
Reinsurance recoverable (portion at fair value: 2017 – $1,738 and 2016 – $1,692) 5,960 6,001
Deferred acquisition costs, deferred sales inducements and value of business acquired 2,895 2,964
Current income tax recoverable 12 107
Deferred tax assets 233 369
Other assets 817 869
Liabilities    
Interest sensitive contract liabilities (portion at fair value: 2017 – $7,132 and 2016 – $6,574) 62,634 61,532
Future policy benefits (portion at fair value: 2017 – $2,415 and 2016 – $2,400) 14,727 14,569
Other policy claims and benefits 214 217
Dividends payable to policyholders 917 974
Derivative liabilities 32 40
Payables for collateral on derivatives 1,681 1,383
Funds withheld liability (portion at fair value: 2017 – $11 and 2016 – $6) 382 380
Other liabilities 999 685
Consolidated Entity Excluding Variable Interest Entities (VIE) | Related Party    
Available-for-sale securities, at fair value    
Fixed maturity securities 361 335
Equity securities 0 20
Trading securities, at fair value 169 195
Investment funds 1,276 1,198
Short-term investments 20 0
Other investments 238 237
Accrued investment income (related party: 2017 – $9 and 2016 – $9) 9 9
Liabilities    
Other liabilities 63 56
Variable Interest Entities    
Available-for-sale securities, at fair value    
Investment funds 599 573
Cash and cash equivalents 2 14
Other assets 5 6
Liabilities    
Other liabilities 37 34
Variable Interest Entities | Related Party    
Available-for-sale securities, at fair value    
Equity securities 191 161
Trading securities, at fair value 166 167
Investment funds 588 562
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