CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Assets
Fixed maturities, at fair value (amortized cost: 2021 - $66,371; 2020 - $65,696; allowance for credit losses: 2021 - $4; 2020 - $23)	$ 69,859	$ 72,595
Equity securities, at fair value (cost: 2021 - $717; 2020 - $635)	741	667
Commercial mortgage loans, net of allowance for credit losses (allowance for credit losses: 2021 - $171; 2020 - $222)	10,137	10,006
Investment real estate, net of accumulated depreciation	10	10
Policy loans	1,576	1,593
Other long-term investments	3,223	3,241
Short-term investments	661	462
Total investments	86,207	88,574
Cash	565	656
Accrued investment income	723	707
Accounts and premiums receivable	156	127
Reinsurance receivables, net of allowance for credit losses (allowance for credit losses: 2021 - $90; 2020 - $94)	4,649	4,596
Deferred policy acquisition costs and value of business acquired	3,707	3,420
Goodwill	826	826
Other intangibles, net of accumulated amortization (2021 - $326; 2020 - $312)	530	540
Property and equipment, net of accumulated depreciation (2021 - $66; 2020 - $61)	201	204
Other assets	176	270
Assets related to separate accounts
Variable annuity	12,699	12,378
Variable universal life	1,646	1,287
Reinsurance assumed	13,444	13,325
Total assets	125,529	126,910
Liabilities [Abstract]
Future policy benefits and claims	53,619	54,107
Unearned premiums	798	782
Total policy liabilities and accruals	54,417	54,889
Stable value product account balances	6,655	6,056
Annuity account balances	15,679	15,478
Other policyholders’ funds	1,515	1,865
Other liabilities	5,023	5,536
Income tax payable	112	85
Deferred income taxes	1,302	1,779
Debt	0	1
Subordinated debt	110	110
Secured financing liabilities	987	496
Liabilities related to separate accounts
Variable annuity	12,699	12,378
Variable universal life	1,646	1,287
Reinsurance assumed	13,444	13,325
Total liabilities	113,589	113,285
Commitments and contingencies - Note 11
Shareowner’s equity
Preferred Stock; $1 par value, shares authorized: 2,000; Liquidation preference: $2,000	0	0
Common Stock, $1 par value, shares authorized and issued: 2021 and 2020 - 5,000,000	5	5
Additional paid-in-capital	8,525	8,525
Retained earnings	1,649	1,547
Accumulated other comprehensive income (loss):
Net unrealized gains (losses) on investments, net of income tax: (2021 - $469; 2020 - $946)	1,764	3,558
Net unrealized gains (losses) on investments with an allowance for credit losses, net of income tax: (2021 - $1; 2020 - $(1))	3	(2)
Accumulated gain (loss) - derivatives, net of income tax: (2021 - $(2); 2020 - $(2))	(6)	(8)
Total shareowner’s equity	11,940	13,625
Total liabilities and shareowner’s equity	$ 125,529	$ 126,910