Unaudited Interim Statements of Cash Flows - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)		$ 838,225	$ (138,225)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Policy charges and fee income		(1,487)	(663)
Realized investment (gains) losses, net		(568,549)	1,497,589
Depreciation and amortization		3,748	(4,690)
Interest credited to policyholders’ account balances		131,590	(89,932)
Change in:
Future policy benefits		516,173	484,283
Accrued investment income		4,419	143
Net receivables from/payables to parent and affiliates		(5,627)	3,516
Deferred sales inducements		(1,130)	(534)
Deferred policy acquisition costs		149,133	(446,552)
Income taxes		39,928	(306,403)
Reinsurance recoverables, net		(16,443)	7,319
Derivatives, net		(1,599,193)	(60,561)
Deferred (gain)/loss on reinsurance		(14,645)	21,386
Other, net		77,195	50,281
Cash flows from (used in) operating activities		(446,663)	1,016,957
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale		1,684,043	581,713
Fixed maturities, trading	[1]	99,590	23
Equity securities	[1]	3,040	1,653
Commercial mortgage and other loans		105,318	39,646
Policy loans		447	846
Other invested assets	[1]	2,678	69,666
Short-term investments		707,632	1,530,778
Payments for the purchase/origination of:
Fixed maturities, available for sale		(1,327,238)	(757,926)
Fixed maturities, trading		(208,007)	0
Equity securities	[1]	(1,625)	(1,135)
Commercial mortgage and other loans		(102,854)	(167,107)
Policy loans		(104)	(295)
Other invested assets	[1]	(30,323)	(3,830)
Short-term investments		(281,476)	(585,836)
Notes receivable from parent and affiliates, net		2,919	635
Derivatives, net		19,801	(12,616)
Other, net		(69)	2,989
Cash flows from (used in) investing activities		673,772	699,204
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash collateral for loaned securities		(5,844)	9,679
Net increase/(decrease) in short-term borrowing		3,497	(28,101)
Drafts outstanding		1,754	(6,703)
Distribution to Parent		(550,000)	(100,000)
Policyholders' account deposits		1,444,673	1,253,531
Ceded policyholders' account deposits		(27,870)	(3,925)
Policyholders' account withdrawals		(1,368,264)	(1,323,972)
Ceded policyholders' account withdrawals		15,919	13,562
Cash flows from (used in) financing activities		(486,135)	(185,929)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(259,026)	1,530,232
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR		1,639,939	1,848,039
CASH AND CASH EQUIVALENTS, END OF PERIOD		$ 1,380,913	$ 3,378,271

[1] Prior period amounts have been reclassified to conform to current period presentation. See Note 2 for details.