Schedule I - Summary of Investments Other than Investments in Related Parties

12 Months Ended

Dec. 31, 2018

SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]

Schedule I — Summary of Investments Other than Investments in Related Parties

Schedule I — Summary of Investments Other than Investments in Related Parties

	As of December 31, 2018
($ in millions)	Cost/amortized cost		Fair value (if applicable)		Amount shown in the Balance Sheet
Type of investment
Fixed maturities:
Bonds:
United States government, government agencies and authorities	$	5,386	$	5,517	$	5,517
States, municipalities and political subdivisions	8,963		9,169		9,169
Foreign governments	739		747		747
Public utilities	5,410		5,514		5,514
All other corporate bonds	35,126		34,622		34,622
Asset-backed securities	1,049		1,045		1,045
Residential mortgage-backed securities	377		464		464
Commercial mortgage-backed securities	63		70		70
Redeemable preferred stocks	21		22		22
Total fixed maturities	57,134		$	57,170	57,170
Equity securities:
Common stocks:
Public utilities	78		93		93
Banks, trusts and insurance companies	452		525		525
Industrial, miscellaneous and all other	3,737		4,159		4,159
Nonredeemable preferred stocks	222		259		259
Total equity securities	4,489		$	5,036	5,036
Mortgage loans on real estate	4,670		4,703		4,670
Real estate (none acquired in satisfaction of debt)	624				624
Policy loans	891				891
Derivative instruments	117		117		117
Limited partnership interests	7,505				7,505
Other long-term investments	2,220				2,220
Short-term investments	3,027		3,027		3,027
Total investments	$	80,677			$	81,260