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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Assets    
Fixed maturities, at fair value (amortized cost: 2014 - $34,244,088; 2013 - $33,662,295) $ 37,164,427 $ 34,815,931
Fixed maturities, at amortized cost (fair value: 2014 - $451,382; 2013 - $335,676) 400,000 365,000
Equity securities, at fair value (cost: 2014 - $771,004; 2013 - $675,758) 792,047 646,027
Mortgage loans (2014 and 2013 includes: $531,141 and $627,731 related to securitizations) 5,294,729 5,493,492
Investment real estate, net of accumulated depreciation (2014 - $1,123; 2013 - $1,066) 18,856 20,413
Policy loans 1,778,379 1,815,744
Other long-term investments 475,719 521,811
Short-term investments 208,624 134,146
Total investments 46,132,781 43,812,564
Cash 361,088 466,542
Accrued investment income 485,620 465,333
Accounts and premiums receivable, net of allowance for uncollectible amounts (2014 - $4,322; 2013 - $4,283) 101,891 101,039
Reinsurance receivables 6,132,712 6,175,115
Deferred policy acquisition costs and value of business acquired 3,273,275 3,570,215
Goodwill 103,914 105,463
Property and equipment, net of accumulated depreciation (2014 - $115,056; 2013 - $111,579) 53,421 52,403
Other assets 385,060 432,151
Assets related to separate accounts    
Variable annuity 13,304,455 12,791,438
Variable universal life 823,747 783,618
Total assets 71,157,964 68,755,881
Liabilities    
Future policy benefits and claims 29,823,111 29,772,325
Unearned premiums 1,586,785 1,549,815
Total policy liabilities and accruals 31,409,896 31,322,140
Stable value product account balances 2,435,995 2,559,552
Annuity account balances 11,071,468 11,125,253
Other policyholders' funds 1,400,817 1,214,380
Other liabilities 1,381,570 1,143,371
Income tax payable 99,869 12,761
Deferred income taxes 1,489,331 1,050,533
Non-recourse funding obligations 579,078 562,448
Repurchase program borrowings 420,490 350,000
Debt 1,445,000 1,585,000
Subordinated debt securities 540,593 540,593
Liabilities related to separate accounts    
Variable annuity 13,304,455 12,791,438
Variable universal life 823,747 783,618
Total liabilities 66,402,309 65,041,087
Commitments and contingencies - Note 10      
Shareowners' equity    
Preferred Stock; $1 par value, shares authorized: 4,000,000; Issued: None      
Common Stock, $.50 par value, shares authorized: 2014 and 2013 - 160,000,000 shares issued: 2014 and 2013 - 88,776,960 44,388 44,388
Additional paid-in-capital 610,451 606,934
Treasury stock, at cost (2014 - 9,915,533; 2013 - 10,199,514) (194,838) (200,416)
Retained earnings 2,926,789 2,769,822
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (2014 - $757,392; 2013 - $289,908) 1,406,584 538,400
Net unrealized (losses) gains relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2014 - $2,183; 2013 - $325) 4,053 603
Accumulated loss - derivatives, net of income tax: (2014 - $(226); 2013 - $(666)) (417) (1,235)
Postretirement benefits liability adjustment, net of income tax: (2014 - $(22,268); 2013 - $(23,532)) (41,355) (43,702)
Total shareowners' equity 4,755,655 3,714,794
Total liabilities and shareowners' equity $ 71,157,964 $ 68,755,881