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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets    
Fixed maturities, at fair value (amortized cost: 2014 -$34,201,634; 2013 - $33,648,298) $ 36,902,927 $ 34,804,919
Fixed maturities, at amortized cost (fair value: 2014 - $453,741; 2013 - $335,676) 415,000 365,000
Equity securities, at fair value (cost: 2014 - $746,759; 2013 - $632,652) 761,449 602,388
Mortgage loans (2014 and 2013 includes $489,667 and $627,731 related to securitizations) 5,232,463 5,493,492
Investment real estate, net of accumulated depreciation (2014 - $341; 2013 - $937) 12,033 16,873
Policy loans 1,767,228 1,815,744
Other long-term investments 425,944 424,481
Short-term investments 178,299 133,025
Total investments 45,695,343 43,655,922
Cash 209,915 345,579
Accrued investment income 491,413 461,838
Accounts and premiums receivable, net of allowance for uncollectible amounts (2014 - $3,768; 2013 - $4,211) 120,155 101,324
Reinsurance receivables 5,942,959 6,008,010
Deferred policy acquisition costs and value of business acquired 3,148,705 3,476,621
Goodwill 78,351 80,675
Property and equipment, net of accumulated depreciation (2014 - $115,261; 2013 - $110,080) 51,771 51,071
Other assets 462,741 501,303
Income tax receivable 28,646 12,399
Assets related to separate accounts    
Variable annuity 13,040,828 12,791,438
Variable universal life 813,178 783,618
Total assets 70,084,005 68,269,798
Liabilities    
Future policy benefits and claims 29,876,274 29,771,958
Unearned premiums 1,464,724 1,500,394
Total policy liabilities and accruals 31,340,998 31,272,352
Stable value product account balances 2,261,546 2,559,552
Annuity account balances 11,083,763 11,125,253
Other policyholders' funds 1,377,504 1,214,380
Other liabilities 1,200,852 945,911
Deferred income taxes 1,485,744 1,041,420
Non-recourse funding obligations 1,539,415 1,495,448
Repurchase program borrowings 359,804 350,000
Liabilities related to separate accounts    
Variable annuity 13,040,828 12,791,438
Variable universal life 813,178 783,618
Total liabilities 64,503,632 63,579,372
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 2,828,625 2,713,200
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (2014 - $704,663; 2013 - $290,553) 1,308,659 539,598
Net unrealized (losses) gains relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2014 - $2,744; 2013 - $325) 5,097 603
Accumulated loss - derivatives, net of income tax: (2014 - $(145); 2013 - $(665)) (268) (1,235)
Total shareowner's equity 5,580,373 4,690,426
Total liabilities and shareowner's equity $ 70,084,005 $ 68,269,798