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v3.19.1

Fair Value of Financial Instruments (Carrying and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Millions | Mar. 31, 2019 | Dec. 31, 2018
--- | --- | ---
Assets |  |  |
Fixed maturity AFS securities |  | $ 98,050 | $ 94,024
Trading securities |  | 3,314 | 1,950
Equity securities |  | 153 | 99
Mortgage loans on real estate |  | 13,997 | 13,260
Derivative investments |  | 981 | 1,107
Other investments |  | 2,752 | 2,267
Carrying Value [Member] |  |  |
Assets |  |  |
Trading securities |  | 3,314 | 1,950
Equity securities |  | 153 | 99
Mortgage loans on real estate |  | 13,997 | 13,260
Derivative investments | [1] | 981 | 1,107
Other investments |  | 2,740 | 2,255
Cash and invested cash |  | 1,593 | 2,345
Separate account assets |  | 143,369 | 132,833
Future contract benefits: |  |  |
Indexed annuity and IUL contracts embedded derivatives |  | (1,730) | (1,305)
Other contract holder funds: |  |  |
Remaining guaranteed interest and similar contracts |  | (1,948) | (542)
Account values of certain investment contracts |  | (35,772) | (34,535)
Short-term debt |  | (300) |
Long-term debt |  | (5,572) | (5,839)
Reinsurance related embedded derivatives |  | (177) | (3)
Fair Value [Member] |  |  |
Assets |  |  |
Trading securities |  | 3,314 | 1,950
Equity securities |  | 153 | 99
Mortgage loans on real estate |  | 13,964 | 13,092
Derivative investments | [1] | 981 | 1,107
Other investments |  | 2,740 | 2,255
Cash and invested cash |  | 1,593 | 2,345
Separate account assets |  | 143,369 | 132,833
Future contract benefits: |  |  |
Indexed annuity and IUL contracts embedded derivatives |  | (1,730) | (1,305)
Other contract holder funds: |  |  |
Remaining guaranteed interest and similar contracts |  | (1,948) | (542)
Account values of certain investment contracts |  | (38,790) | (36,358)
Short-term debt |  | (309) |
Long-term debt |  | (5,534) | (5,604)
Reinsurance related embedded derivatives |  | (177) | (3)
Fixed Maturity AFS Securities [Member] | Carrying Value [Member] |  |  |
Assets |  |  |
Fixed maturity AFS securities |  | 98,050 | 94,024
Fixed Maturity AFS Securities [Member] | Fair Value [Member] |  |  |
Assets |  |  |
Fixed maturity AFS securities |  | 98,050 | 94,024
Other Assets [Member] | Carrying Value [Member] |  |  |
Assets |  |  |
Other assets - GLB direct embedded derivatives |  | 439 | 123
Other assets - GLB ceded embedded derivatives |  | 50 | 72
Indexed annuity ceded embedded derivatives |  | 872 | 902
Other Assets [Member] | Fair Value [Member] |  |  |
Assets |  |  |
Other assets - GLB direct embedded derivatives |  | 439 | 123
Other assets - GLB ceded embedded derivatives |  | 50 | 72
Indexed annuity ceded embedded derivatives |  | 872 | 902
Other Liabilities [Member] | Carrying Value [Member] |  |  |
Other contract holder funds: |  |  |
Other liabilities - derivative liabilities | [1] | (242) | (160)
Other Liabilities [Member] | Fair Value [Member] |  |  |
Other contract holder funds: |  |  |
Other liabilities - derivative liabilities | [1] | (242) | $ (160)
Other Liabilities [Member] | GLB Ceded Embedded Derivatives [Member] | Carrying Value [Member] |  |  |
Other contract holder funds: |  |  |
Other liabilities - GLB embedded derivatives |  | (8) |
Other Liabilities [Member] | GLB Ceded Embedded Derivatives [Member] | Fair Value [Member] |  |  |
Other contract holder funds: |  |  |
Other liabilities - GLB embedded derivatives |  | $ (8) |
[1] | We have master netting agreements with each of our derivative counterparties, which allow for the netting of our derivative asset and liability positions by counterparty.

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