XML 17 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Investments:    
Debt securities held to maturity, at amortized cost (fair value: $7,228,268 and $7,434,104) $ 7,285,254 $ 7,247,024
Debt securities available for sale, at fair value (amortized cost: $3,008,624 and $2,964,510) 2,946,059 3,041,131
Mortgage loans, net of allowance for possible losses ($675 and $650) 203,180 208,249
Policy loans 54,724 56,405
Derivatives, index options 14,684 194,731
Equity securities, at fair value (cost: $14,329 and $12,890) 17,491 18,478
Other long-term investments 56,851 51,828
Total investments 10,578,243 10,817,846
Cash and cash equivalents 131,976 217,624
Deferred policy acquisition costs 841,704 819,511
Deferred sales inducements 133,714 135,570
Accrued investment income 96,338 96,818
Federal income tax receivable 17,934 0
Other assets 131,782 137,725
Total assets 11,931,691 12,225,094
Future policy benefits:    
Universal life and annuity contracts 9,608,850 9,962,589
Traditional life reserves 135,436 135,895
Other policyholder liabilities 135,694 128,009
Deferred Federal income tax liability 39,384 25,408
Federal income tax payable 0 2,701
Other liabilities 111,550 138,318
Total liabilities 10,030,914 10,392,920
COMMITMENTS AND CONTINGENCIES (Notes 4, 7, and 9)
Common stock:    
Additional paid-in capital 41,716 41,716
Accumulated other comprehensive income (loss) (37,015) 14,281
Retained earnings 1,896,040 1,776,141
Total stockholders' equity 1,900,777 1,832,174
Total liabilities and stockholders' equity 11,931,691 12,225,094
Common Class A    
Common stock:    
Common Stock: 34 34
Common Class B    
Common stock:    
Common Stock: $ 2 $ 2