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FAIR VALUE MEASUREMENTS (Details - Carrying values and estimated fair values of our financial instruments not measured at fair value) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Assets:      
Mortgage and other loans receivable $ 46,844 $ 46,984  
Short-term investments 19,773 13,230  
Cash 2,738 2,856 $ 2,565
Other assets 16,392 16,383  
Liabilities:      
Other liabilities 29,183 26,609  
Long-term debt and debt of consolidated investment entities 25,268 25,479  
Carrying Value      
Assets:      
Mortgage and other loans receivable 46,844 46,984  
Other invested assets 778 742  
Short-term investments 11,587 7,887  
Cash 2,738 2,856  
Other assets 374 311  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 127,194 126,137  
Other liabilities 4,347 3,063  
Long-term debt and debt of consolidated investment entities 33,134 33,288  
Separate account liabilities - investment contracts 74,711 88,770  
Total Fair Value      
Assets:      
Mortgage and other loans receivable 47,608 49,005  
Other invested assets 778 741  
Short-term investments 11,587 7,887  
Cash 2,738 2,856  
Other assets 374 311  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 137,407 133,246  
Other liabilities 4,347 3,063  
Long-term debt and debt of consolidated investment entities 33,879 35,907  
Separate account liabilities - investment contracts 74,711 88,770  
Level 1      
Assets:      
Mortgage and other loans receivable 0 0  
Other invested assets 0 0  
Short-term investments 0 0  
Cash 2,738 2,856  
Other assets 340 291  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 0 0  
Other liabilities 14 15  
Long-term debt and debt of consolidated investment entities 0 0  
Separate account liabilities - investment contracts 0 0  
Level 2      
Assets:      
Mortgage and other loans receivable 100 101  
Other invested assets 772 735  
Short-term investments 11,587 7,887  
Cash 0 0  
Other assets 34 20  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 246 255  
Other liabilities 4,333 3,048  
Long-term debt and debt of consolidated investment entities 24,765 27,024  
Separate account liabilities - investment contracts 74,711 88,770  
Level 3      
Assets:      
Mortgage and other loans receivable 47,508 48,904  
Other invested assets 6 6  
Short-term investments 0 0  
Cash 0 0  
Other assets 0 0  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 137,161 132,991  
Other liabilities 0 0  
Long-term debt and debt of consolidated investment entities 9,114 8,883  
Separate account liabilities - investment contracts $ 0 $ 0