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Acquisition (Tables)
9 Months Ended
Sep. 30, 2018
Acquisition [Abstract]  
Schedule Of Fair Value Of Net Assets Acquired



 

 

 



 

 

 



Preliminary

 



Fair Value

 

Assets

 

 

 

Investments

$

2,493 

 

Mortgage loans on real estate

 

658 

 

Cash and invested cash

 

107 

 

Reinsurance recoverables

 

76 

 

Premiums and fees receivable

 

83 

 

Accrued investment income

 

24 

 

Other intangible assets acquired

 

640 

 

Other assets acquired

 

142 

 

Separate account assets

 

99 

 

Total assets acquired

$

4,322 

 



 

 

 

Liabilities

 

 

 

Future contract benefits

$

2,930 

 

Other contract holder funds

 

46 

 

Other liabilities acquired

 

120 

 

Separate account liabilities

 

99 

 

Total liabilities assumed

$

3,195 

 



 

 

 

Net identifiable assets acquired

$

1,127 

 

Goodwill

 

390 

 

Net assets acquired

$

1,517 

 



Schedule Of Fair Value Of Identifiable Intangible Assets Acquired



 

 

 

 

 



 

 

 

 

 



 

 

 

Weighted-

 



 

 

 

Average

 



 

 

 

Amortization

 



Fair Value

 

Period

 

Value of customer relationships acquired

$

576 

 

20 

 

Value of distribution agreements

 

31 

 

13 

 

Value of business acquired

 

30 

 

 

Insurance licenses

 

 

N/A

 

Total identifiable intangible assets

$

640 

 

 

 



Schedule Of Pro Forma Information



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



For the Three

 

For the Nine

 



Months Ended

 

Months Ended

 



September 30,

 

September 30,

 



2018

 

2017

 

2018

 

2017

 

Revenue

$

4,263 

 

$

3,989 

 

$

12,632 

 

$

12,030 

 



 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

497 

 

 

396 

 

 

1,287 

 

 

1,201