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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Fixed maturity securities:    
Available for sale, at fair value (amortized cost: 2015 - $32,692,702; 2014 - $30,205,046) $ 33,905,869 $ 32,445,202
Held for investment, at amortized cost (fair value: 2015 - $65,705; 2014 - $75,838) 76,526 76,432
Equity securities, available for sale, at fair value (cost: 2015 - $7,512; 2014 - $7,509) 7,861 7,805
Mortgage loans on real estate 2,450,676 2,434,580
Derivative instruments 503,953 731,113
Other investments 285,743 286,726
Total investments 37,230,628 35,981,858
Cash and cash equivalents 733,814 701,514
Coinsurance deposits 3,101,189 3,044,342
Accrued investment income 343,172 326,559
Deferred policy acquisition costs 2,522,277 2,058,556
Deferred sales inducements 1,944,619 1,587,257
Deferred income taxes 172,114 0
Income taxes recoverable 21,888 9,252
Other assets 177,781 280,396
Total assets 46,247,482 43,989,734
Liabilities:    
Policy benefit reserves 42,494,314 39,802,861
Other policy funds and contract claims 342,878 365,819
Notes payable 422,163 421,679
Subordinated debentures 246,345 246,243
Deferred income taxes 0 3,895
Other liabilities 834,020 1,009,361
Total liabilities 44,339,720 41,849,858
Stockholders' equity:    
Preferred stock, par value $1 per share, 2,000,000 shares authorized, 2015 and 2014 - no shares issued and outstanding 0 0
Common stock, par value $1 per share, 200,000,000 shares authorized; issued and outstanding: 2015 - 76,793,577 shares (excluding 3,620,484 treasury shares); 2014 - 76,062,407 shares (excluding 4,126,167 treasury shares) 76,794 76,062
Additional paid-in capital 524,246 513,218
Accumulated other comprehensive income 388,779 721,401
Retained earnings 917,943 829,195
Total stockholders' equity 1,907,762 2,139,876
Total liabilities and stockholders' equity $ 46,247,482 $ 43,989,734