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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities, available for sale, at fair value (amortized cost: 2019 - $48,170,556; 2018 - $46,131,190) $ 51,854,384 $ 45,923,727
Mortgage loans on real estate 3,212,075 2,943,091
Derivative instruments 963,081 205,149
Other investments 694,416 355,531
Total investments 56,723,956 49,427,498
Cash and cash equivalents 1,138,737 344,396
Coinsurance deposits 5,072,015 4,954,068
Accrued investment income 497,291 468,729
Deferred policy acquisition costs 2,883,599 3,535,838
Deferred sales inducements 1,952,353 2,516,721
Deferred income taxes 0 291,169
Income taxes recoverable 30,277 26,537
Other assets 31,765 60,608
Total assets 68,329,993 61,625,564
Liabilities:    
Policy benefit reserves 61,348,138 57,606,009
Other policy funds and contract claims 259,939 270,858
Notes payable 494,982 494,591
Subordinated debentures 243,311 242,982
Amounts due under repurchase agreements 48,931 109,298
Deferred income taxes 143,195 0
Other liabilities 1,664,781 502,725
Total liabilities 64,203,277 59,226,463
Stockholders' equity:    
Preferred stock, par value $1 per share, 2,000,000 shares authorized, 2019 and 2018 - no shares issued and outstanding 0 0
Common stock, par value $1 per share, 200,000,000 shares authorized; issued and outstanding: 2019 - 91,006,950 shares (excluding 1,393,973 treasury shares); 2018 - 90,369,229 shares (excluding 1,535,960 treasury shares) 91,007 90,369
Additional paid-in capital 820,362 811,186
Accumulated other comprehensive income (loss) 1,639,429 (52,432)
Retained earnings 1,575,918 1,549,978
Total stockholders' equity 4,126,716 2,399,101
Total liabilities and stockholders' equity $ 68,329,993 $ 61,625,564