106 / 188
2015
(In millions)
Cost or
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Securities available for sale, carried at fair value:
Fixed maturities:
Yen-denominated:
Japan government and agencies
$ 17,293
$ 1,862
$ 0
$ 19,155
Municipalities
128
9
0
137
Mortgage- and asset-backed securities
322
33
0
355
Public utilities
1,400
210
10
1,600
Sovereign and supranational
791
180
0
971
Banks/financial institutions
2,321
325
105
2,541
Other corporate
3,337
448
33
3,752
Total yen-denominated
25,592
3,067
148
28,511
Dollar-denominated:
U.S. government and agencies
110
11
0
121
Municipalities
926
151
6
1,071
Mortgage- and asset-backed securities
200
27
0
227
Public utilities
5,464
636
221
5,879
Sovereign and supranational
331
105
0
436
Banks/financial institutions
2,865
634
21
3,478
Other corporate
25,154
1,774
1,302
25,626
Total dollar-denominated
35,050
3,338
1,550
36,838
Total fixed maturities
60,642
6,405
1,698
65,349
Perpetual securities:
Yen-denominated:
Banks/financial institutions
1,581
143
93
1,631
Other corporate
183
22
0
205
Dollar-denominated:
Banks/financial institutions
77
35
1
111
Total perpetual securities
1,841
200
94
1,947
Equity securities:
Yen-denominated
472
19
4
487
Dollar-denominated
8
3
0
11
Total equity securities
480
22
4
498
Total securities available for sale
$ 62,963
$ 6,627
$ 1,796
$ 67,794
104