Consolidated Balance Sheets - USD ($) $ in Millions		Jun. 30, 2019	Dec. 31, 2018
Investments and Cash:
Available for sale, fixed maturity securities		$ 92,435	$ 82,895
Held to maturity, fixed maturity securities		31,007	30,318
Equity securities		1,087	987
Commercial mortgage and other loans		7,622	6,919
Other investments		1,427	787
Cash and cash equivalents		3,019	4,337
Total investments and cash		136,597	126,243
Receivables		883	851
Accrued investment income		785	773
Deferred policy acquisition costs		10,128	9,875
Property and equipment, at cost less accumulated depreciation	[1]	562	443
Other		2,445	2,221
Total assets		151,400	140,406
Policy Liabilities:
Future policy benefits		90,117	86,368
Unpaid policy claims		4,706	4,584
Unearned premiums		4,763	5,090
Other policyholders’ funds		7,403	7,146
Total policy liabilities		106,989	103,188
Income taxes		5,243	4,020
Payables for return of cash collateral on loaned securities		1,557	1,052
Notes payable and lease obligations	[1]	6,231	5,778
Other		3,139	2,906
Total liabilities		123,159	116,944
Commitments and contingent liabilities (Note 12)
Shareholders’ equity:
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2019 and 2018; issued 1,349,044 shares in 2019 and 1,347,540 shares in 2018		135	135
Additional paid-in capital		2,247	2,177
Retained earnings		33,130	31,788
Accumulated other comprehensive income (loss):
Unrealized foreign currency translation gains (losses)		(1,455)	(1,847)
Unrealized gain (losses) on fixed maturity securities		8,055	4,234
Unrealized gains (losses) on derivatives		(27)	(24)
Pension liability adjustment		(209)	(212)
Treasury stock, at average cost		(13,635)	(12,789)
Total shareholders’ equity		28,241	23,462
Total liabilities and shareholders’ equity		151,400	140,406
Consolidated Entity Excluding Variable Interest Entities (VIE)
Investments and Cash:
Available for sale, fixed maturity securities		87,836	78,429
Variable Interest Entity, Consolidated
Investments and Cash:
Available for sale, fixed maturity securities		4,599	4,466
Equity securities		187	160
Commercial mortgage and other loans		6,233	5,528
Other investments	[2]	410	328
Policy Liabilities:
Total liabilities		$ 107	$ 102

[1] See Note 1 of the Notes to the Consolidated Financial Statements for the adoption of accounting guidance on January 1, 2019 related to leases.

[2] Consists entirely of alternative investments in limited partnerships