CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities
Net income	$ 264,937	$ 404,712
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment (gains) losses	33,125	(263,740)
Amortization of DAC and VOBA	48,505	95,810
Capitalization of DAC	(251,472)	(246,073)
Depreciation and amortization expense	48,591	37,974
Deferred income tax	82,835	231,631
Accrued income tax	9,350	(147,185)
Interest credited to universal life and investment products	507,229	532,998
Policy fees assessed on universal life and investment products	(1,004,829)	(935,702)
Change in reinsurance receivables	150,137	122,616
Change in accrued investment income and other receivables	(1,498)	(76,837)
Change in policy liabilities and other policyholders’ funds of traditional life and health products	(282,841)	(171,016)
Trading securities:
Maturities and principal reductions of investments	131,563	93,397
Sale of investments	195,733	390,412
Cost of investments acquired	(277,423)	(438,886)
Other net change in trading securities	9,357	47,879
Amortization of premiums and accretion of discounts on investments and mortgage loans	232,694	308,030
Change in other liabilities	181,696	383,921
Other, net	(61,295)	(74,798)
Net cash provided by operating activities	16,394	295,143
Cash flows from investing activities
Maturities and principal reductions of investments, available-for-sale	541,024	984,510
Sale of investments, available-for-sale	1,302,130	1,541,458
Cost of investments acquired, available-for-sale	(3,232,925)	(3,839,376)
Change in investments, held-to-maturity	36,000	(2,185,000)
Mortgage loans:
New lendings	(1,081,226)	(944,025)
Repayments	644,189	648,109
Change in investment real estate, net	3,679	2,905
Change in policy loans, net	24,280	43,425
Change in other long-term investments, net	(282,688)	(105,972)
Change in short-term investments, net	(106,888)	59,225
Net unsettled security transactions	349,544	52,292
Purchase of property, equipment, and intangibles	(34,067)	(8,891)
Amounts received from reinsurance transaction	0	325,800
Net cash used in investing activities	(1,836,948)	(3,425,540)
Cash flows from financing activities
Issuance (repayment) of non-recourse funding obligations	(35,984)	2,173,700
Secured financing liabilities	(198,165)	(218,728)
Dividends/Return of capital to parent company	(162,999)	(420,000)
Investment product deposits and change in universal life deposits	3,901,051	3,509,315
Investment product withdrawals	(1,698,062)	(1,718,670)
Other financing activities, net	(93)	0
Net cash provided by financing activities	1,805,748	3,325,617
Change in cash	(14,806)	195,220
Cash at beginning of period	214,439	212,358
Cash at end of period	$ 199,633	$ 407,578