XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Assets    
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,347 and $49,548; allowance for credit losses of $17 and $20) $ 59,289 $ 56,735
Equity securities, at fair value 160 132
Mortgage loans on real estate (net of allowance for credit losses of $39 and $64) 6,366 5,787
Policy loans 1,234 1,258
Funds withheld at interest 7,034 5,432
Short-term investments 82 227
Other invested assets 3,404 2,829
Total investments 77,569 72,400
Cash and cash equivalents 3,027 3,408
Accrued investment income 574 511
Premiums receivable and other reinsurance balances 3,013 2,842
Reinsurance ceded receivables and other 2,585 983
Deferred policy acquisition costs 3,687 3,616
Other assets 994 896
Total assets 91,449 84,656
Liabilities and Stockholders’ Equity    
Future policy benefits 35,666 31,453
Interest-sensitive contract liabilities 26,017 23,276
Other policy claims and benefits 7,117 6,413
Other reinsurance balances 543 598
Deferred income taxes 2,407 3,263
Other liabilities 3,327 1,340
Long-term debt 3,173 3,573
Collateral finance and securitization notes 314 388
Total liabilities 78,564 70,304
Commitments and contingent liabilities (See Note 8)
Stockholders’ Equity:    
Preferred stock – par value $0.01 per share, 10,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock – par value $0.01 per share, 140,000,000 shares authorized, 85,310,598 shares issued at September 30, 2021 and December 31, 2020 1 1
Additional paid-in capital 2,447 2,406
Retained earnings 8,458 8,148
Treasury stock, at cost – 17,710,775 and 17,353,697 shares (1,604) (1,562)
Accumulated other comprehensive income 3,583 5,359
Total stockholders’ equity 12,885 14,352
Total liabilities and stockholders’ equity $ 91,449 $ 84,656