Deferred Acquisition Costs (Tables)

12 Months Ended

Dec. 31, 2022

Insurance [Abstract]

Analysis of Deferred Acquisition Costs

An analysis of "DAC" is as follows:

	Year Ended December 31,
	2022		2021		2020
Balance at beginning of year	$	4,914,728	$	4,595,444	$	4,341,941
Additions:
Deferred during period:
Commissions	710,659		678,517		600,577
Other expenses	249,924		227,730		222,408
Total deferred	960,583		906,247		822,985
Value of business acquired(1)	—		16,500		—
Foreign exchange adjustment	—		—		4,755
Adjustment attributable to unrealized investment losses(2)	9,707		1,628		1,533
Total additions	970,290		924,375		829,273
Deductions:
Amortized during period	(624,407)		(603,838)		(575,770)
Foreign exchange adjustment	(10,704)		(1,253)		—
Total deductions	(635,111)		(605,091)		(575,770)
Balance at end of year	$	5,249,907	$	4,914,728	$	4,595,444

(1)Refer to Note 1—Significant Accounting Policies for the discussion on the acquisition of Globe Life Benefits.

(2)Represents amounts pertaining to investments relating to universal life-type products