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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Fixed maturities, at fair value (amortized cost: 2017 - $39,749,321; 2016 - $39,645,111) $ 39,175,025 $ 37,996,577
Fixed maturities, at amortized cost (fair value: 2017 - $2,805,107; 2016 - $2,733,340) 2,747,077 2,770,177
Equity securities, at fair value (cost: 2017 - $731,168; 2016 - $729,951) 750,141 716,017
Mortgage loans (related to securitizations: 2017 - $255,641; 2016 - $277,964) 6,472,861 6,132,125
Investment real estate, net of accumulated depreciation (2017 - $328; 2016 - $252) 6,705 8,060
Policy loans 1,634,809 1,650,240
Other long-term investments 809,457 856,410
Short-term investments 362,048 315,834
Total investments 51,958,123 50,445,440
Cash 244,197 214,439
Accrued investment income 480,272 480,689
Accounts and premiums receivable 125,722 132,826
Reinsurance receivables 4,982,350 5,070,185
Deferred policy acquisition costs and value of business acquired 2,099,786 2,024,524
Goodwill 793,470 793,470
Other intangibles, net of accumulated amortization (2017 - $113,666; 2016 - $79,183) 665,211 687,348
Property and equipment, net of accumulated depreciation (2017 - $16,317; 2016 - $16,573) 103,966 103,706
Other assets 337,761 275,965
Income tax receivable 95,353 96,363
Assets related to separate accounts    
Variable annuity 13,616,259 13,244,252
Variable universal life 959,638 895,925
Total assets 76,462,108 74,465,132
Liabilities    
Future policy benefits and claims 30,730,799 30,510,242
Unearned premiums 768,471 761,937
Total policy liabilities and accruals 31,499,270 31,272,179
Stable value product account balances 4,023,790 3,501,636
Annuity account balances 10,770,111 10,642,115
Other policyholders’ funds 1,267,352 1,165,749
Other liabilities 1,652,641 1,436,091
Deferred income taxes 2,078,669 1,790,961
Debt 937 0
Non-recourse funding obligations 2,952,877 2,973,829
Secured financing liabilities 440,125 802,721
Liabilities related to separate accounts    
Variable annuity 13,616,259 13,244,252
Variable universal life 959,638 895,925
Total liabilities 69,261,669 67,725,458
Commitments and contingencies - Note 11
Shareowner’s equity    
Preferred Stock; $1 par value, shares authorized: 2,000; Liquidation preference: $2 2 2
Common Stock, $1 par value, shares authorized and issued: 2017 and 2016 - 5,000,000 5,000 5,000
Additional paid-in-capital 7,378,496 7,422,407
Retained earnings (deficit) 19,187 (32,695)
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (2017 - $(108,514); 2016 - $(349,242)) (201,525) (648,592)
Net unrealized gains relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2017 - $(479); 2016 - $(3,864)) (889) (7,175)
Accumulated loss - derivatives, net of income tax: (2017 - $90; 2016 - $391) 168 727
Total shareowner’s equity 7,200,439 6,739,674
Total liabilities and shareowner’s equity $ 76,462,108 $ 74,465,132