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DEFERRED POLICY ACQUISITION COSTS AND VALUE OF BUSINESS ACQUIRED (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Assets:                      
Deferred policy acquisition costs and value of business acquired $ 3,225,356       $ 3,223,220 [1]       $ 3,225,356 $ 3,223,220 [1] $ 3,063,409
Total Assets 57,157,583       52,003,183 [1]       57,157,583 52,003,183 [1]  
Liabilities:                      
Deferred income taxes 1,783,713       1,293,996 [1]       1,783,713 1,293,996 [1]  
Total liabilities 51,470,370       47,125,833 [1]       51,470,370 47,125,833 [1]  
Equity:                      
Retained earnings 2,507,829       2,456,293 [1]       2,507,829 2,456,293 [1]  
Accumulated other comprehensive income (loss):                      
Net unrealized gain (losses) on investments, net of income tax 1,818,608       1,096,079 [1]       1,818,608 1,096,079 [1]  
Total Equity         4,877,350         4,877,350  
Total liabilities and shareowner's equity 57,157,583       52,003,183 [1]       57,157,583 52,003,183 [1]  
Expenses:                      
Amortization of deferred policy acquisition costs and value of business acquired                 192,183 249,520 [1] 144,496 [1]
Other operating expenses                 487,177 461,570 [1] 382,920 [1]
Total benefits and expenses 728,313 757,507 749,974 760,687 725,470 775,941 726,214 705,685 2,996,481 2,933,310 [1] 2,603,808 [1]
Income before income tax 94,757 106,689 117,065 141,068 117,214 122,558 140,161 95,342 459,579 475,275 [1] 333,176 [1]
Income tax (benefit) expense 34,615 35,778 35,438 45,212 30,160 39,579 48,557 33,223 151,043 151,519 [1] 109,865 [1]
Net income 60,142 70,911 81,627 95,856 87,054 82,979 91,604 62,119 308,536 [1] 323,756 [1] 223,311 [1]
Cash flows from operating activities                      
Net income 60,142 70,911 81,627 95,856 87,054 82,979 91,604 62,119 308,536 [1] 323,756 [1] 223,311 [1]
Amortization of deferred policy acquisition costs and value of business acquired                 192,183 249,520 [1] 144,496 [1]
Capitalization of deferred policy acquisition costs                 (311,960) (355,033) [1] (348,730) [1]
Deferred income tax                 70,037 107,265 [1] 66,682 [1]
Other, net                 13,920 118,311 [1] (46,662) [1]
Change to net cash (used in) provided by operating activities                   325,508 39,097
Balances and changes in DAC                      
Balance, beginning of period       2,291,613       2,182,085 2,291,613 2,182,085  
Capitalization of commissions, sales and issue expenses                 311,959 355,033  
Amortization                 (105,447) (159,329)  
Change in unrealized investment gains and losses                 (90,599) (86,176)  
Balance, end of period 2,407,526       2,291,613       2,407,526 2,291,613 2,182,085
Balances and changes in VOBA                      
Balance, beginning of period       931,607       881,324 931,607 881,324  
Acquisitions                   137,418  
Amortization                 (86,736) (90,192)  
Change in unrealized gains and losses                 (27,041) 3,057  
Balance, end of period 817,830       931,607       817,830 931,607 881,324
Expected amortization of VOBA for the next five years                      
2013                 71,285    
2014                 63,386    
2015                 55,618    
2016                 50,957    
2017                 43,753    
As originally reported
                     
Assets:                      
Deferred policy acquisition costs and value of business acquired         4,011,936         4,011,936  
Total Assets         52,791,899         52,791,899  
Liabilities:                      
Deferred income taxes         1,573,764         1,573,764  
Total liabilities         47,405,601         47,405,601  
Equity:                      
Retained earnings         2,984,466         2,984,466  
Accumulated other comprehensive income (loss):                      
Net unrealized gain (losses) on investments, net of income tax         1,076,854         1,076,854  
Total Equity         5,386,298         5,386,298  
Total liabilities and shareowner's equity         52,791,899         52,791,899  
Expenses:                      
Amortization of deferred policy acquisition costs and value of business acquired                   300,450 189,255
Other operating expenses                   373,964 284,070
Total benefits and expenses                   2,896,634 2,549,717
Income before income tax                   511,951 387,267
Income tax (benefit) expense                   164,517 129,029
Net income                   347,434 258,238
Cash flows from operating activities                      
Net income                   347,434 258,238
Amortization of deferred policy acquisition costs and value of business acquired                   300,450 189,255
Capitalization of deferred policy acquisition costs                   (442,638) (446,560)
Deferred income tax                   120,262 85,483
Other, net                     (47,319)
Change to net cash (used in) provided by operating activities                   325,508 39,097
ASU No. 2010-26 | Effect of Change
                     
Assets:                      
Deferred policy acquisition costs and value of business acquired         (788,716)         (788,716)  
Total Assets         (788,716)         (788,716)  
Liabilities:                      
Deferred income taxes         (279,768)         (279,768)  
Total liabilities         (279,768)         (279,768)  
Equity:                      
Retained earnings         (528,173)         (528,173)  
Accumulated other comprehensive income (loss):                      
Net unrealized gain (losses) on investments, net of income tax         19,225         19,225  
Total Equity         (508,948)         (508,948)  
Total liabilities and shareowner's equity         (788,716)         (788,716)  
Expenses:                      
Amortization of deferred policy acquisition costs and value of business acquired                   (50,930) (44,759)
Other operating expenses                   87,606 98,850
Total benefits and expenses                   36,676 54,091
Income before income tax                   (36,676) (54,091)
Income tax (benefit) expense                   (12,998) (19,164)
Net income                   (23,678) (34,927)
Cash flows from operating activities                      
Net income                   (23,678) (34,927)
Amortization of deferred policy acquisition costs and value of business acquired                   (50,930) (44,759)
Capitalization of deferred policy acquisition costs                   87,605 97,830
Deferred income tax                   (12,997) (18,801)
Other, net                     $ 657
[1] Recast from previously reported information