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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Assets    
Fixed maturities, at fair value (amortized cost: 2014 - $34,223,302; 2013 - $33,641,823) $ 37,145,022 $ 34,797,757
Fixed maturities, at amortized cost (fair value: 2014 - $451,382; 2013 - $335,676) 400,000 365,000
Equity securities, at fair value (cost: 2014- $726,884; 2013 - $632,652) 747,395 602,388
Mortgage loans (2014 and 2013 includes: $531,141 and $627,731 related to securitizations) 5,294,729 5,493,492
Investment real estate, net of accumulated depreciation (2014 - $1,093; 2013 - $937) 16,717 16,873
Policy loans 1,778,379 1,815,744
Other long-term investments 419,553 424,482
Short-term investments 207,545 133,024
Total investments 46,009,340 43,648,760
Cash 250,900 345,579
Accrued investment income 483,770 461,838
Accounts and premiums receivable, net of allowance for uncollectible amounts (2014 - $4,255; 2013 - $4,211) 94,981 101,324
Reinsurance receivables 5,952,461 6,008,010
Deferred policy acquisition costs and value of business acquired 3,163,200 3,476,621
Goodwill 79,126 80,675
Property and equipment, net of accumulated depreciation (2014 - $113,407; 2013 - $110,080) 52,177 51,071
Other assets 471,159 506,983
Income tax receivable   12,399
Assets related to separate accounts    
Variable annuity 13,304,455 12,791,438
Variable universal life 823,747 783,618
Total assets 70,685,316 68,268,316
Liabilities    
Future policy benefits and claims 29,822,655 29,771,958
Unearned premiums 1,533,145 1,500,394
Total policy liabilities and accruals 31,355,800 31,272,352
Stable value product account balances 2,435,995 2,559,552
Annuity account balances 11,071,468 11,125,253
Other policyholders' funds 1,400,817 1,214,380
Other liabilities 1,145,941 944,429
Income tax payable 74,340  
Deferred income taxes 1,496,988 1,041,420
Non-recourse funding obligations 1,524,426 1,495,448
Repurchase program borrowings 420,490 350,000
Liabilities related to separate accounts    
Variable annuity 13,304,455 12,791,438
Variable universal life 823,747 783,618
Total liabilities 65,054,467 63,577,890
Commitments and contingencies - Note 10      
Shareowner's equity    
Preferred Stock; $1 par value, shares authorized: 2,000; Liquidation preference: $2,000 2 2
Common Stock, $1 par value, shares authorized and issued: 2014 and 2013 - 5,000,000 5,000 5,000
Additional paid-in-capital 1,433,258 1,433,258
Retained earnings 2,781,792 2,713,200
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (2014 - $757,702; 2013 - $290,553) 1,407,161 539,598
Net unrealized gains relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2014 - $2,183; 2013 - $325) 4,053 603
Accumulated loss - derivatives, net of income tax: (2014 - $(226); 2013 - $(666)) (417) (1,235)
Total shareowner's equity 5,630,849 4,690,426
Total liabilities and shareowner's equity $ 70,685,316 $ 68,268,316