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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Successor    
Assets    
Fixed maturities, at fair value (amortized cost: Successor 2016 - $38,940,259; 2015 - $38,389,859) $ 37,027,831 $ 35,507,098
Fixed maturities, at amortized cost (fair value: Successor 2016 - $2,757,674; 2015 - $515,000) 2,783,302 593,314
Equity securities, at fair value (cost: Successor - $680,335; 2015 - $693,147) 687,006 699,925
Mortgage loans (related to securitizations: Successor 2016 - $331,612; 2015 - $359,181) 5,689,960 5,662,812
Investment real estate, net of accumulated depreciation (Successor 2016 - $170; 2015 - $133) 8,231 11,118
Policy loans 1,684,088 1,699,508
Other long-term investments 755,995 594,036
Short-term investments 363,611 263,837
Total investments 49,000,024 45,031,648
Cash 232,345 212,358
Accrued investment income 488,455 472,694
Accounts and premiums receivable 96,191 54,054
Reinsurance receivables 5,281,739 5,307,556
Deferred policy acquisition costs and value of business acquired 1,872,861 1,562,373
Goodwill 732,443 732,443
Other intangibles, net of accumulated amortization (Successor 2016 - $48,197; 2015 - $37,869) 634,803 645,131
Property and equipment, net of accumulated depreciation (Successor 2016 - $10,067; 2015 - $7,908) 101,710 101,600
Other assets 257,832 255,283
Income tax receivable 14,153 0
Assets related to separate accounts    
Variable annuity 12,789,776 12,829,188
Variable universal life 819,259 827,610
Total assets 72,321,591 68,031,938
Liabilities    
Future policy benefits and claims 30,390,518 29,703,190
Unearned premiums 655,556 651,205
Total policy liabilities and accruals 31,046,074 30,354,395
Stable value product account balances 2,098,870 2,131,822
Annuity account balances 10,765,723 10,719,862
Other policyholders’ funds 1,212,476 1,069,572
Other liabilities 1,567,661 1,230,500
Income tax payable 0 76,584
Deferred income taxes 1,587,581 1,215,180
Non-recourse funding obligations 2,984,486 1,951,563
Repurchase program borrowings 660,000 438,185
Liabilities related to separate accounts    
Variable annuity 12,789,776 12,829,188
Variable universal life 819,259 827,610
Total liabilities $ 65,531,906 $ 62,844,461
Commitments and contingencies
Shareowner’s equity    
Preferred Stock; $1 par value, shares authorized: 2,000; Liquidation preference: $2,000 $ 2 $ 2
Common Stock, $1 par value, shares authorized and issued: 2016 and 2015 - 5,000,000 5,000 5,000
Additional paid-in-capital 7,422,407 6,274,169
Retained earnings 173,314 154,697
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (Successor 2016 - $(436,659); 2015 - $(670,922)) (810,939) (1,245,998)
Net unrealized gains relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (Successor 2016 - $(53); 2015 - $(212)) (99) (393)
Total shareowner’s equity 6,789,685 5,187,477
Total liabilities and shareowner’s equity $ 72,321,591 $ 68,031,938