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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Investments:    
Fixed maturities—available for sale, at fair value (amortized cost: 2024—$19,084,454; 2023—$18,924,914, allowance for credit losses: 2024— $7,132; 2023— $7,115) $ 18,334,570 $ 17,870,206
Mortgage loans 381,315 279,199
Policy loans 691,072 657,020
Other long-term investments (includes: 2024—$979,397; 2023—$795,583 under the fair value option) 1,221,888 835,878
Short-term investments 100,501 81,740
Total investments 20,729,346 19,724,043
Cash 134,549 103,156
Accrued investment income 284,952 270,396
Other receivables 651,871 630,223
Deferred acquisition costs 6,386,682 6,009,477
Goodwill 490,446 481,791
Other assets 878,974 832,413
Total assets 29,556,820 28,051,499
Liabilities:    
Future policy benefits 19,814,913 19,460,353
Unearned and advance premium 264,644 254,567
Policy claims and other benefits payable 530,399 514,875
Other policyholders' funds 469,288 236,958
Total policy liabilities 21,079,244 20,466,753
Current and deferred income taxes 619,970 494,639
Short-term debt 437,418 486,113
Long-term debt (estimated fair value: 2024—$2,202,644; 2023—$1,491,229) 2,323,676 1,629,559
Other liabilities 457,887 487,632
Total liabilities 24,918,195 23,564,696
Commitments and Contingencies (Note 5)
Shareholders' equity:    
Preferred stock, par value $1 per share—5,000,000 shares authorized; outstanding: 0 in 2024 and 2023 0 0
Common stock, par value $1 per share—320,000,000 shares authorized; outstanding: (2024—102,218,183 issued; 2023—102,218,183 issued) 102,218 102,218
Additional paid-in-capital 543,255 532,474
Accumulated other comprehensive income (loss) (2,484,743) (2,772,419)
Retained earnings 8,225,030 7,478,813
Treasury stock, at cost: (2024—17,942,902 shares; 2023—8,426,854 shares) (1,747,135) (854,283)
Total shareholders' equity 4,638,625 4,486,803
Total liabilities and shareholders' equity $ 29,556,820 $ 28,051,499