Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Fixed maturity securities, at fair value
Available-for-sale securities	$ 74,735	$ 71,374
Trading securities, at fair value (consolidated variable interest entities: 2020 – $0 and 2019 – $16)	2,075	2,070
Equity securities	237	247
Mortgage loans (allowance for credit losses: 2020 – $352 and 2019 – $11; portion at fair value: 2020 – $25 and 2019 – $27; consolidated variable interest entities: 2020 – $1,856 and 2019 – $0)	15,203	14,306
Investment funds	682	750
Policy loans	393	417
Funds withheld at interest (portion at fair value: 2020 – $763 and 2019 – $801)	42,269	15,181
Derivative assets	2,379	2,888
Other Short-term Investments	364	596
Other investments	359	158
Total investments	138,696	107,987
Cash and cash equivalents	6,240	4,240
Restricted cash	1,281	402
Accrued investment income (related party: 2020 – $53 and 2019 – $27)	836	807
Reinsurance recoverable (portion at fair value: 2020 – $2,099 and 2019 – $1,821)	5,310	4,863
Deferred acquisition costs, deferred sales inducements and value of business acquired	5,468	5,008
Other assets	1,067	1,005
Total assets	183,241	146,875
Liabilities
Interest sensitive contract liabilities (related party: 2020 – $14,609 and 2019 – $15,285; portion at fair value: 2020 – $12,463 and 2019 – $11,992)	135,537	102,745
Future policy benefits (related party: 2020 – $1,446 and 2019 – $1,302; portion at fair value: 2020 – $2,334 and 2019 – $2,301)	24,596	23,330
Other policy claims and benefits	124	138
Dividends payable to policyholders	112	113
Short-term Debt	0	475
Long-term debt	1,486	992
Derivative liabilities	118	97
Payables for collateral on derivatives and securities to repurchase	3,716	3,255
Funds withheld liability (portion at fair value: 2020 – $46 and 2019 – $31)	427	408
Other liabilities	1,486	1,181
Total liabilities	167,602	132,734
Equity
Additional paid-in capital	6,090	4,171
Retained earnings	6,437	6,939
Accumulated other comprehensive income (related party: 2020 – $(106) and 2019 – $17)	2,184	2,281
Stockholders' Equity Attributable to Parent	14,711	13,391
Noncontrolling interests	928	750
Total equity	15,639	14,141
Total liabilities and equity	183,241	146,875
Related Party
Fixed maturity securities, at fair value
Available-for-sale securities	4,070	3,804
Trading securities, at fair value (consolidated variable interest entities: 2020 – $0 and 2019 – $16)	872	785
Equity securities	52	64
Mortgage loans (allowance for credit losses: 2020 – $352 and 2019 – $11; portion at fair value: 2020 – $25 and 2019 – $27; consolidated variable interest entities: 2020 – $1,856 and 2019 – $0)	626	653
Investment funds	5,278	3,550
Funds withheld at interest (portion at fair value: 2020 – $763 and 2019 – $801)	12,971	13,220
Other investments	474	487
Accrued investment income (related party: 2020 – $53 and 2019 – $27)	53	27
Other assets	0	0
Liabilities
Interest sensitive contract liabilities (related party: 2020 – $14,609 and 2019 – $15,285; portion at fair value: 2020 – $12,463 and 2019 – $11,992)	14,609	15,285
Future policy benefits (related party: 2020 – $1,446 and 2019 – $1,302; portion at fair value: 2020 – $2,334 and 2019 – $2,301)	1,446	1,302
Other policy claims and benefits	0	13
Funds withheld liability (portion at fair value: 2020 – $46 and 2019 – $31)	0	0
Other liabilities	70	79
Equity
Accumulated other comprehensive income (related party: 2020 – $(106) and 2019 – $17)	(106)	17
Preference Share, Series A
Liabilities
Preferred Stock, Value, Outstanding	0	0
Preference Share, Series B
Liabilities
Preferred Stock, Value, Outstanding	0	0
Preference Share, Series C
Liabilities
Preferred Stock, Value, Outstanding	0	0
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