Statements of Financial Position - USD ($) $ in Thousands	Dec. 31, 2020		Dec. 31, 2019
ASSETS
Fixed maturities, available-for-sale, at fair value (allowance for credit losses: 2020-$686) (amortized cost: 2020-$16,177,891; 2019-$12,465,746)	$ 18,584,685		$ 13,202,365
Fixed maturities, trading, at fair value (amortized cost: 2020-$1,017,771; 2019-$349,428)	1,114,142		383,198
Equity securities, at fair value (cost: 2020-$279,096; 2019-$63,647)	288,082		67,503
Commercial mortgage and other loans (net of $7,382 and $2,663 allowance for credit losses at December 31, 2020 and 2019, respectively)	1,765,770	[1]	1,471,522
Policy loans	11,806		12,366
Short-term investments	318,161		335,358
Other invested assets (includes $204,863 and $10,492 of assets measured at fair value at December 31, 2020 and 2019, respectively)	818,810		474,013
Total investments	22,901,456		15,946,325
Cash and cash equivalents	1,069,211		2,795,163
Deferred policy acquisition cost	4,237,780	[1]	4,455,683
Accrued investment income	121,604		102,724
Reinsurance recoverables	694,040		621,510
Income taxes	1,448,714	[1]	1,202,714
Value of business acquired	27,247		30,025
Deferred sales inducements	714,598		812,724
Receivables from parent and affiliates	87,620		62,765
Other assets	767,540		139,933
Separate account assets	32,205,296		32,665,431
TOTAL ASSETS	64,275,106		58,834,997
LIABILITIES
Future policy benefits	18,560,891		12,932,461
Policyholders’ account balances	9,181,459		6,180,359
Payables to parent and affiliates	47,345		185,156
Short-term debt	119,671		242,094
Long-term debt	299,747		419,418
Reinsurance payables	178,860		235,318
Other Liabilities	980,692	[1]	447,405
Separate account liabilities	32,205,296		32,665,431
Total liabilities	61,573,961		53,307,642
Commitments and Contingencies
EQUITY
Common stock, $100 par value; 25,000 shares authorized, issued and outstanding	2,500		2,500
Additional paid-in capital	4,382,936		5,142,936
Retained earnings / (accumulated deficit)	(3,217,350)		(46,693)
Accumulated other comprehensive income (loss)	1,533,059		428,612
Total equity	2,701,145		5,527,355
TOTAL LIABILITIES AND EQUITY	$ 64,275,106		$ 58,834,997

[1] December 31, 2020 amounts include the impacts of the January 1, 2020 adoption of ASU 2016-13. See Note 2 for details.