CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities
Net income	$ 149,067	$ 264,937
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment (gains) losses	123,838	33,125
Amortization of DAC and VOBA	144,172	48,505
Capitalization of DAC	(333,222)	(251,472)
Depreciation and amortization expense	50,205	48,591
Deferred income tax	(52,071)	82,835
Accrued income tax	80,576	9,350
Interest credited to universal life and investment products	630,770	507,229
Policy fees assessed on universal life and investment products	(1,146,980)	(1,004,829)
Change in reinsurance receivables	268,866	150,137
Change in accrued investment income and other receivables	2,059	(1,498)
Change in policy liabilities and other policyholders’ funds of traditional life and health products	(491,751)	(282,841)
Trading securities:
Maturities and principal reductions of investments	140,851	131,563
Sale of investments	307,632	195,733
Cost of investments acquired	(403,355)	(277,423)
Other net change in trading securities	10,641	9,357
Amortization of premiums and accretion of discounts on investments and mortgage loans	232,448	232,694
Change in other liabilities	98,321	181,696
Other, net	(27,322)	(61,295)
Net cash (used in) provided by operating activities	(215,255)	16,394
Cash flows from investing activities
Maturities and principal reductions of investments, available-for-sale	895,175	541,024
Sale of investments, available-for-sale	1,932,956	1,302,130
Cost of investments acquired, available-for-sale	(3,942,180)	(3,232,925)
Change in investments, held-to-maturity	62,000	36,000
Mortgage loans:
New lendings	(1,185,316)	(1,081,226)
Repayments	797,450	644,189
Change in investment real estate, net	647	3,679
Change in policy loans, net	43,642	24,280
Change in other long-term investments, net	(293,208)	(282,688)
Change in short-term investments, net	160,149	(106,888)
Net unsettled security transactions	84,036	349,544
Purchase of property, equipment, and intangibles	(9,629)	(34,067)
Cash received from reinsurance transaction	20,669	0
Net cash used in investing activities	(1,433,609)	(1,836,948)
Cash flows from financing activities
Borrowings under subordinated debt	110,000	0
Issuance (repayment) of non-recourse funding obligations	(61,981)	(35,984)
Secured financing liabilities	(503,336)	(198,165)
Dividends/Return of capital to parent company	0	(162,999)
Investment product deposits and change in universal life deposits	4,397,886	3,901,051
Investment product withdrawals	(2,311,096)	(1,698,062)
Other financing activities, net	(291)	(93)
Net cash provided by financing activities	1,631,182	1,805,748
Change in cash	(17,682)	(14,806)
Cash at beginning of period	178,855	214,439
Cash at end of period	$ 161,173	$ 199,633