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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Liabilities related to separate accounts    
Commitments and contingencies - Note 13
Successor    
Assets    
Fixed maturities, at fair value (amortized cost: Successor 2016 - $39,286,199; 2015 - $38,389,859) 38,675,207 35,507,098
Fixed maturities, at amortized cost (fair value: Successor 2016 - $2,853,788; 2015 - $515,000) 2,779,280 593,314
Equity securities, at fair value (cost: Successor - $681,496; 2015 - $693,147) 702,796 699,925
Mortgage loans (related to securitizations: Successor 2016 - $305,373; 2015 - $359,181) 5,748,675 5,662,812
Investment real estate, net of accumulated depreciation (Successor 2016 - $173; 2015 - $133) 7,028 11,118
Policy loans 1,670,218 1,699,508
Other long-term investments 933,646 594,036
Short-term investments 244,363 263,837
Total investments 50,761,213 45,031,648
Cash 295,143 212,358
Accrued investment income 478,505 472,694
Accounts and premiums receivable 284,443 54,054
Reinsurance receivables 5,206,522 5,307,556
Deferred policy acquisition costs and value of business acquired 1,895,166 1,562,373
Goodwill 732,443 732,443
Other intangibles, net of accumulated amortization (Successor 2016 - $58,524; 2015 - $37,869) 624,475 645,131
Property and equipment, net of accumulated depreciation (Successor 2016 - $12,288; 2015 - $7,908) 102,397 101,600
Other assets 267,089 255,283
Income tax receivable 3,951 0
Assets related to separate accounts    
Variable annuity 12,891,214 12,829,188
Variable universal life 831,818 827,610
Total assets 74,374,379 68,031,938
Liabilities    
Future policy benefits and claims 30,590,080 29,703,190
Unearned premiums 665,923 651,205
Total policy liabilities and accruals 31,256,003 30,354,395
Stable value product account balances 2,838,674 2,131,822
Annuity account balances 10,678,701 10,719,862
Other policyholders’ funds 1,354,970 1,069,572
Other liabilities 2,011,854 1,230,500
Income tax payable 0 76,584
Deferred income taxes 1,980,260 1,215,180
Non-recourse funding obligations 2,981,271 1,951,563
Repurchase program borrowings 160,000 438,185
Liabilities related to separate accounts    
Variable annuity 12,891,214 12,829,188
Variable universal life 831,818 827,610
Total liabilities 66,984,765 62,844,461
Commitments and contingencies - Note 13
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 206,107 154,697
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (Successor 2016 - $(129,735); 2015 - $(670,922)) (240,937) (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 - $(1,596); 2015 - $(212)) (2,965) (393)
Total shareowner’s equity 7,389,614 5,187,477
Total liabilities and shareowner’s equity $ 74,374,379 $ 68,031,938