XML 84 R78.htm IDEA: XBRL DOCUMENT v3.20.1
INVESTMENT OPERATIONS - Amortized Cost and Fair Value of Investments (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Trading securities:    
Amortized Cost $ 61,970,744 $ 52,452,334
Gross Unrealized Gains 3,100,992 188,621
Gross Unrealized Losses (325,660) (2,742,547)
Fair Value 64,746,076 49,898,408
Total OTTI Recognized in OCI (33,351) (28,827)
Residential mortgage-backed securities    
Trading securities:    
Amortized Cost 5,812,170 3,641,678
Gross Unrealized Gains 125,493 23,248
Gross Unrealized Losses (6,322) (61,935)
Fair Value 5,931,341 3,602,991
Total OTTI Recognized in OCI 0 (18)
Commercial mortgage-backed securities    
Trading securities:    
Amortized Cost 2,588,575 2,319,476
Gross Unrealized Gains 54,385 3,911
Gross Unrealized Losses (3,292) (57,000)
Fair Value 2,639,668 2,266,387
Total OTTI Recognized in OCI 0 0
Other asset-backed securities    
Trading securities:    
Amortized Cost 1,764,120 1,410,059
Gross Unrealized Gains 32,041 17,232
Gross Unrealized Losses (14,926) (35,398)
Fair Value 1,781,235 1,391,893
Total OTTI Recognized in OCI (7) 0
U.S. government-related securities    
Trading securities:    
Amortized Cost 1,032,048 1,658,433
Gross Unrealized Gains 5,664 1,794
Gross Unrealized Losses (5,316) (45,722)
Fair Value 1,032,396 1,614,505
Total OTTI Recognized in OCI 0 0
Other government-related securities    
Trading securities:    
Amortized Cost 548,136 543,534
Gross Unrealized Gains 51,024 4,292
Gross Unrealized Losses (1,991) (33,790)
Fair Value 597,169 514,036
Total OTTI Recognized in OCI 0 0
States, municipals, and political subdivisions    
Trading securities:    
Amortized Cost 4,415,008 3,682,037
Gross Unrealized Gains 225,072 25,706
Gross Unrealized Losses (1,230) (118,902)
Fair Value 4,638,850 3,588,841
Total OTTI Recognized in OCI 1,236 876
Corporate securities    
Trading securities:    
Amortized Cost 44,493,799 38,467,380
Gross Unrealized Gains 2,603,636 112,438
Gross Unrealized Losses (288,334) (2,378,240)
Fair Value 46,809,101 36,201,578
Total OTTI Recognized in OCI (34,580) (29,685)
Redeemable preferred stocks    
Trading securities:    
Amortized Cost 87,237 94,362
Gross Unrealized Gains 3,677 0
Gross Unrealized Losses (4,249) (11,560)
Fair Value 86,665 82,802
Total OTTI Recognized in OCI 0 0
Fixed Maturities    
Trading securities:    
Amortized Cost 60,741,093 51,816,959
Gross Unrealized Gains 3,100,992 188,621
Gross Unrealized Losses (325,660) (2,742,547)
Fair Value 63,516,425 49,263,033
Total OTTI Recognized in OCI (33,351) (28,827)
Short-term investments    
Trading securities:    
Amortized Cost 1,229,651 635,375
Gross Unrealized Gains 0 0
Gross Unrealized Losses 0 0
Fair Value 1,229,651 635,375
Total OTTI Recognized in OCI $ 0 $ 0