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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Investments:    
Fixed maturities available-for-sale, at fair value (amortized cost of $81,681 and $74,033) (allowance for credit losses of $4 and $4) $ 76,245 $ 67,030
Fixed maturities, at fair value using the fair value option [1] 1,700 1,654
Mortgage loans on real estate (net of allowance for credit losses of $0 and $279) [1] 19,237 18,171
Policy loans 4,293 4,158
Other equity investments [1] 3,731 3,384
Trading securities, at fair value 2,215 1,057
Other invested assets [1] 6,825 6,719
Total investments 114,246 102,173
Cash and cash equivalents [1] 9,579 8,239
Cash and securities segregated, at fair value 547 868
Broker-dealer related receivables 1,898 1,837
Deferred policy acquisition costs 7,031 6,705
Goodwill and other intangible assets, net 5,388 5,433
Amounts due from reinsurers (allowance for credit losses of $8 and $7) 8,222 8,352
Current and deferred income taxes 1,701 2,050
Purchased market risk benefits 8,492 9,427
Other assets [1] 3,738 3,323
Assets held-for-sale 0 565
Assets for market risk benefits 740 591
Separate Accounts assets 137,407 127,251
Total Assets 298,989 276,814
LIABILITIES    
Policyholders’ account balances 107,433 95,673
Liability for market risk benefits 13,197 14,612
Future policy benefits and other policyholders' liabilities 17,936 17,363
Broker-dealer related payables 1,382 1,232
Customer related payables 1,795 2,201
Amounts due to reinsurers 1,421 1,450
Short-term debt 0 254
Long-term debt 3,831 3,820
Notes issued by consolidated variable interest entities, at fair value using the fair value option [1] 1,744 1,559
Other liabilities [1] 6,645 6,088
Liabilities held-for-sale 0 153
Separate Accounts liabilities 137,407 127,251
Total Liabilities 292,791 271,656
Redeemable noncontrolling interest [1],[2] 1,223 770
Commitments and contingent liabilities [3]
Equity attributable to Holdings:    
Preferred stock and additional paid-in capital, $1 par value and $25,000 liquidation preference 1,562 1,562
Common stock, $0.01 par value, $2,000,000,000 shares authorized; 480,869,116 and 491,003,966 shares issued, respectively; 315,465,246 and 333,877,990 shares outstanding, respectively 5 5
Additional paid-in capital 2,343 2,328
Treasury stock, at cost, $165,289,752 and 157,125,976 shares, respectively (4,072) (3,712)
Retained earnings 9,977 10,243
Accumulated other comprehensive income (loss) (6,595) (7,777)
Total equity attributable to Holdings 3,220 2,649
Noncontrolling interest 1,755 1,739
Total Equity 4,975 4,388
Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 298,989 $ 276,814
[1] See Note 2 of the Notes to these Consolidated Financial Statements for details of balances with VIEs.
[2] See Note 15 of the Notes to these Consolidated Financial Statements for details of redeemable noncontrolling interest.
[3] See Note 16 of the Notes to these Consolidated Financial Statements for details of commitments and contingent liabilities.