FAIR VALUE MEASUREMENTS (Details - Carrying values and estimated fair values of our financial instruments not measured at fair value) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Assets:
Mortgage and other loans receivable	$ 46,522	$ 46,984
Short-term investments, including restricted cash of $197 in 2020 and $188 in 2019 (portion measured at fair value: 2020 - $6,388; 2019 - $5,343)	21,316	13,230
Cash	3,408	2,856	$ 2,935
Other assets	13,455	16,383
Liabilities:
Fortitude Re funds withheld payable	42,033	0
Other liabilities	28,624	26,609
Long-term debt and debt of consolidated investment entities	29,248	25,479
Carrying Value
Assets:
Mortgage and other loans receivable	46,522	46,984
Other invested assets	886	742
Short-term investments, including restricted cash of $197 in 2020 and $188 in 2019 (portion measured at fair value: 2020 - $6,388; 2019 - $5,343)	14,928	7,887
Cash	3,408	2,856
Other assets	247	311
Liabilities:
Policyholder contract deposits associated with investment-type contracts	127,344	126,137
Fortitude Re funds withheld payable	37,523
Other liabilities	3,086	3,063
Long-term debt and debt of consolidated investment entities	37,099	33,288
Separate account liabilities - investment contracts	84,443	88,770
Total Fair Value
Assets:
Mortgage and other loans receivable	48,796	49,005
Other invested assets	886	741
Short-term investments, including restricted cash of $197 in 2020 and $188 in 2019 (portion measured at fair value: 2020 - $6,388; 2019 - $5,343)	14,928	7,887
Cash	3,408	2,856
Other assets	247	311
Liabilities:
Policyholder contract deposits associated with investment-type contracts	140,039	133,246
Fortitude Re funds withheld payable	37,523
Other liabilities	3,086	3,063
Long-term debt and debt of consolidated investment entities	40,512	35,907
Separate account liabilities - investment contracts	84,443	88,770
Level 1
Assets:
Mortgage and other loans receivable	0	0
Other invested assets	0	0
Short-term investments, including restricted cash of $197 in 2020 and $188 in 2019 (portion measured at fair value: 2020 - $6,388; 2019 - $5,343)	0	0
Cash	3,408	2,856
Other assets	188	291
Liabilities:
Policyholder contract deposits associated with investment-type contracts	0	0
Fortitude Re funds withheld payable	0
Other liabilities	0	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	761	735
Short-term investments, including restricted cash of $197 in 2020 and $188 in 2019 (portion measured at fair value: 2020 - $6,388; 2019 - $5,343)	14,928	7,887
Cash	0	0
Other assets	59	20
Liabilities:
Policyholder contract deposits associated with investment-type contracts	234	255
Fortitude Re funds withheld payable	0
Other liabilities	3,086	3,048
Long-term debt and debt of consolidated investment entities	31,467	27,024
Separate account liabilities - investment contracts	84,443	88,770
Level 3
Assets:
Mortgage and other loans receivable	48,696	48,904
Other invested assets	125	6
Short-term investments, including restricted cash of $197 in 2020 and $188 in 2019 (portion measured at fair value: 2020 - $6,388; 2019 - $5,343)	0	0
Cash	0	0
Other assets	0	0
Liabilities:
Policyholder contract deposits associated with investment-type contracts	139,805	132,991
Fortitude Re funds withheld payable	37,523
Other liabilities	0	0
Long-term debt and debt of consolidated investment entities	9,045	8,883
Separate account liabilities - investment contracts	$ 0	$ 0

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

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