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Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 634,059 $ (151,555) [1] $ 413,790 [1]
Adjustments to reconcile net income to net cash provided by operating activities:      
Policy charges and fee income 13,324 40,573 91,816
Interest credited to policyholders' account balances 60,830 554,197 371,798
Realized investment (gains) losses, net 83,230 (71,783) (136,039)
Amortization and depreciation (7,481) (3,970) (16,328)
Change in:      
Future policy benefit reserves 300,246 283,546 165,209
Reinsurance recoverables (268,576) (264,470) (229,099)
Accrued investment income 14,377 1,412 13,816
Payables to parent and affiliates 43,958 (31,638) 109,411
Deferred policy acquisition costs (213,122) 674,094 [1] (96,647) [1]
Income taxes payable 169,736 (154,282) [1] 332,358 [1]
Deferred sales inducements (97,731) (68,370) (182,823)
Other, net 5,621 (12,424) 19,550
Cash flows from (used in) operating activities 738,471 795,330 [1] 856,812 [1]
Proceeds from the sale/maturity/prepayment of:      
Fixed maturities, available-for-sale 1,365,513 1,668,465 1,917,959
Equity securities, available-for-sale 3,201 10,054 7,478
Short-term investments 3,513,151 6,323,322 5,097,995
Policy loans 3,501 1,384 822
Commercial mortgage and other loans 71,216 98,940 14,018
Trading account assets 36,063 44,977 6,230
Other long-term investments 4,120 1,775 589
Payments for the purchase/origination of:      
Fixed maturities, available-for-sale (352,285) (1,414,340) (676,652)
Equity securities, available-for-sale (7) (2,643) (5,000)
Short-term investments (3,379,308) (6,332,538) (4,620,729)
Policy loans (472) (941) (2,620)
Commercial mortgage and other loans (47,795) (110,069) (72,504)
Trading account assets (4,931) (3,007) (4,574)
Other long-term investments (28,894) (24,572) (48,979)
Notes receivable from parent and affiliates, net 2,125 4,346 10,906
Other, net (650) (1,020) (663)
Cash flows used in investing activities 1,184,548 264,133 1,624,276
CASH FLOWS USED IN FINANCING ACTIVITIES      
Affiliated asset transfers 16,396 0 0
Distribution to parent (408,000) (587,831) (470,000)
Policyholders' account deposits 1,013,638 2,665,921 2,767,101
Policyholders' account withdrawals (2,241,367) (2,968,226) (4,663,868)
Net change in securities sold under agreements to repurchase and cash collateral for loaned securities (86,908) 38,674 (176,407)
Net increase in short-term borrowing (27,803) (2,251) (24,531)
Drafts outstanding 2,430 (22,376) 16,158
RepaymentsOfOtherDebt 200,000 175,000 0
SecuritiesSoldUnderAgreementToRepurchase 0 0 (602)
Cash flows from (used in) financing activities (1,931,614) (1,051,089) (2,552,149)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (8,595) 8,374 (71,061)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 8,861 487 71,548
CASH AND CASH EQUIVALENTS, END OF PERIOD 266 8,861 487
IncomeTaxesPaidNet 53,901 (11,781) (212,852)
InterestPaid $ 27,114 $ 35,913 $ 36,554
[1] “As previously reported” column represents balances reported in the Annual Report on Form 10-K for the year ended December 31, 2011, originally filed with the SEC on March 9, 2012. “As currently reported” column was included in the 8-K filed with the SEC on November 28, 2012.