XML 35 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Supplemental Information about Changes to Accumulated Other Comprehensive Income
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Supplemental Information about Changes to Accumulated Other Comprehensive Income
Supplemental Information about Changes to Accumulated Other Comprehensive Income
An analysis in the change in balance by component of Accumulated Other Comprehensive Income is as follows for each of the years 2015 through 2017.
 
Components of Accumulated Other Comprehensive Income
For the 12 months ended December 31, 2015:
Available
for Sale
Assets
 
Deferred
Acquisition
Costs
 
Foreign
Exchange
 
Pension
Adjustments
 
Total
Balance at January 1, 2015
$
1,090,273

 
$
(10,758
)
 
$
17,386

 
$
(99,449
)
 
$
997,452

Other comprehensive income (loss) before reclassifications, net of tax
(759,976
)
 
5,643

 
(13,759
)
 
(8,930
)
 
(777,022
)
Reclassifications, net of tax
2,036

 

 

 
9,481

 
11,517

Other comprehensive income (loss)
(757,940
)
 
5,643

 
(13,759
)
 
551

 
(765,505
)
Balance at December 31, 2015
332,333

 
(5,115
)
 
3,627

 
(98,898
)
 
231,947

 
 
 
 
 
 
 
 
 
 
For the 12 months ended December 31, 2016:
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications, net of tax
356,016

 
(1,567
)
 
1,340

 
(20,736
)
 
335,053

Reclassifications, net of tax
3,965

 

 

 
6,609

 
10,574

Other comprehensive income (loss)
359,981

 
(1,567
)
 
1,340

 
(14,127
)
 
345,627

Balance at December 31, 2016
692,314

 
(6,682
)
 
4,967

 
(113,025
)
 
577,574

 
 
 
 
 
 
 
 
 
 
For the 12 months ended December 31, 2017:
 

 
 

 
 

 
 

 
 

Other comprehensive income (loss) before reclassifications, net of tax
621,619

 
(350
)
 
8,452

 
(20,753
)
 
608,968

Reclassifications, net of tax
(22,751
)
 

 

 
8,083

 
(14,668
)
Other comprehensive income (loss)
598,868

 
(350
)
 
8,452

 
(12,670
)
 
594,300

Reclassifications, Tax reform(1)
278,107

 
(1,515
)
 
2,883

 
(27,075
)
 
252,400

Balance at December 31, 2017
$
1,569,289

 
$
(8,547
)
 
$
16,302

 
$
(152,770
)
 
$
1,424,274


 
(1)
Income tax effects of certain items were reclassified from accumulated other comprehensive income to retained earnings to remove stranded tax effects as a result of early adoption of ASU No. 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. See further discussion in Note 1—Significant Accounting Policies.

Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for each of the years 2015 through 2017.
 
Reclassification Adjustments
 
 
Year Ended December 31,
 
 
Component Line Item
 
2017
 
2016
 
2015
 
Affected line items in the
Statement of Operations
Unrealized gains (losses) on available for sale assets:
 
 
 
 
 
 
 
 
Realized (gains) losses
 
$
(34,954
)
 
$
10,285

 
$
9,478

 
Realized investment gains (losses)
Amortization of (discount) premium
 
(47
)
 
(4,185
)
 
(6,346
)
 
Net investment income
Total before tax
 
(35,001
)
 
6,100

 
3,132

 
 
Tax
 
12,250

 
(2,135
)
 
(1,096
)
 
Income taxes
Total after tax
 
(22,751
)
 
3,965

 
2,036

 
 
Pension adjustments:
 
 
 
 
 
 
 
 
Amortization of prior service cost
 
476

 
477

 
377

 
Other operating expenses
Amortization of actuarial (gain) loss
 
11,960

 
9,691

 
14,209

 
Other operating expenses
Total before tax
 
12,436

 
10,168

 
14,586

 
 
Tax
 
(4,353
)
 
(3,559
)
 
(5,105
)
 
Income taxes
Total after tax
 
8,083

 
6,609

 
9,481

 
 
Total reclassifications (after tax)
 
$
(14,668
)
 
$
10,574

 
$
11,517