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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets    
Fixed maturities, at fair value (amortized cost: 2015 Successor - $33,863,554; 2014 Predecessor - $33,716,848) $ 35,735,760  
Fixed maturities, at amortized cost (fair value: 2015 Successor - $489,950; 2014 Predecessor - $485,422) 565,334  
Equity securities, at fair value (cost: 2015 Successor - $694,273; 2014 Predecessor - $735,297) 682,677  
Mortgage loans (related to securitizations: 2015 Successor - $423,702; 2014 Predecessor - $455,250) 5,677,667  
Investment real estate, net of accumulated depreciation (2015 Successor - $52; 2014 Predecessor - $246) 7,404  
Policy loans 1,719,864  
Other long-term investments 631,821  
Short-term investments 200,749  
Total investments 45,221,276  
Cash 400,577  
Accrued investment income 472,055  
Accounts and premiums receivable 87,400  
Reinsurance receivables 5,400,355  
Deferred policy acquisition costs and value of business acquired 1,396,467  
Goodwill 735,712  
Other intangibles, net of accumulated amortization (2015 Successor - $17,212) 665,787  
Property and equipment, net of accumulated depreciation (2015 Successor - $3,490; 2014 Predecessor - $116,688) 101,638  
Other assets 244,016  
Assets related to separate accounts    
Variable annuity 13,313,000  
Variable universal life 859,114  
Total assets 68,897,397  
Liabilities    
Future policy benefits and claims 29,720,609  
Unearned premiums 649,048  
Total policy liabilities and accruals 30,369,657  
Stable value product account balances 1,861,280  
Annuity account balances 10,792,560  
Other policyholders' funds 1,121,465  
Other liabilities 1,266,538  
Income tax payable 96,459  
Deferred income taxes 1,315,988  
Non-recourse funding obligations 1,926,562  
Repurchase program borrowings 602,213  
Liabilities related to separate accounts    
Variable annuity 13,313,000  
Variable universal life 859,114  
Total liabilities $ 63,524,836  
Commitments and contingencies - Note 10    
Shareowner's equity    
Preferred Stock; $1 par value, shares authorized: 2,000; Liquidation preference: $2,000 $ 2  
Common Stock, $1 par value, shares authorized and issued: 2015 and 2014 - 5,000,000 5,000  
Additional paid-in-capital 6,274,211  
Retained earnings (deficit) (9,156)  
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (2015 Successor - $(480,808); 2014 Predecessor - $796,488) (892,930)  
Net unrealized gains relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2015 Successor -$(2,458); 2014 Predecessor -$2,208) (4,566)  
Total shareowner's equity 5,372,561  
Total liabilities and shareowner's equity $ 68,897,397  
Predecessor    
Assets    
Fixed maturities, at fair value (amortized cost: 2015 Successor - $33,863,554; 2014 Predecessor - $33,716,848)   $ 36,756,240
Fixed maturities, at amortized cost (fair value: 2015 Successor - $489,950; 2014 Predecessor - $485,422)   435,000
Equity securities, at fair value (cost: 2015 Successor - $694,273; 2014 Predecessor - $735,297)   756,790
Mortgage loans (related to securitizations: 2015 Successor - $423,702; 2014 Predecessor - $455,250)   5,133,780
Investment real estate, net of accumulated depreciation (2015 Successor - $52; 2014 Predecessor - $246)   5,918
Policy loans   1,758,237
Other long-term investments   491,282
Short-term investments   246,717
Total investments   45,583,964
Cash   268,286
Accrued investment income   474,095
Accounts and premiums receivable   81,137
Reinsurance receivables   5,907,662
Deferred policy acquisition costs and value of business acquired   3,155,046
Goodwill   77,577
Property and equipment, net of accumulated depreciation (2015 Successor - $3,490; 2014 Predecessor - $116,688)   51,760
Other assets   398,574
Income tax receivable   1,648
Assets related to separate accounts    
Variable annuity   13,157,429
Variable universal life   834,940
Total assets   69,992,118
Liabilities    
Future policy benefits and claims   29,944,477
Unearned premiums   1,515,001
Total policy liabilities and accruals   31,459,478
Stable value product account balances   1,959,488
Annuity account balances   10,950,729
Other policyholders' funds   1,430,325
Other liabilities   1,178,962
Deferred income taxes   1,611,864
Non-recourse funding obligations   1,527,752
Repurchase program borrowings   50,000
Liabilities related to separate accounts    
Variable annuity   13,157,429
Variable universal life   834,940
Total liabilities   $ 64,160,967
Commitments and contingencies - Note 10    
Shareowner's equity    
Preferred Stock; $1 par value, shares authorized: 2,000; Liquidation preference: $2,000   $ 2
Common Stock, $1 par value, shares authorized and issued: 2015 and 2014 - 5,000,000   5,000
Additional paid-in-capital   1,437,787
Retained earnings (deficit)   2,905,151
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (2015 Successor - $(480,808); 2014 Predecessor - $796,488)   1,479,192
Net unrealized gains relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2015 Successor -$(2,458); 2014 Predecessor -$2,208)   4,101
Accumulated loss - derivatives, net of income tax: (2015 Successor - $0; 2014 Predecessor - $(45))   (82)
Total shareowner's equity   5,831,151
Total liabilities and shareowner's equity   $ 69,992,118