XML 14 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Investments:    
Fixed maturities—available for sale, at fair value (amortized cost: 2017—$14,602,250; 2016—$14,188,050) $ 15,874,131 $ 15,245,861
Policy loans 510,574 507,975
Other long-term investments 53,741 53,852
Short-term investments 120,990 72,040
Total investments 16,559,436 15,879,728
Cash 61,754 76,163
Accrued investment income 235,120 223,148
Other receivables 370,306 384,454
Deferred acquisition costs 3,821,718 3,783,158
Goodwill 441,591 441,591
Other assets 513,706 520,313
Assets related to discontinued operations 83,345 127,532
Total assets 22,086,976 21,436,087
Liabilities:    
Future policy benefits 12,972,517 12,825,837
Unearned and advance premiums 70,022 64,017
Policy claims and other benefits payable 301,944 299,565
Other policyholders' funds 97,015 96,993
Total policy liabilities 13,441,498 13,286,412
Current and deferred income taxes payable 1,864,015 1,743,990
Other liabilities 563,102 413,760
Short-term debt 327,019 264,475
Long-term debt (estimated fair value: 2017—$1,244,283; 2016—$1,233,019) 1,132,791 1,133,165
Liabilities related to discontinued operations 13,724 27,424
Total liabilities 17,342,149 16,869,226
Commitments and Contingencies (Note 6)
Shareholders’ equity:    
Preferred stock, par value $1 per share—Authorized 5,000,000 shares; outstanding: -0- in 2017 and in 2016 0 0
Common stock, par value $1 per share—Authorized 320,000,000 shares; outstanding: (2017—127,218,183 issued, less 9,951,143 held in treasury and 2016—127,218,183 issued, less 9,187,075 held in treasury) 127,218 127,218
Additional paid-in capital 491,772 490,421
Accumulated other comprehensive income 722,865 577,574
Retained earnings 3,994,665 3,890,798
Treasury stock, at cost (591,693) (519,150)
Total shareholders’ equity 4,744,827 4,566,861
Total liabilities and shareholders’ equity $ 22,086,976 $ 21,436,087