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Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 147,388 $ 372,347
Adjustments to reconcile net income to net cash provided by operating activities:    
Policy charges and fee income 3,491 3,702
Interest credited to policyholders' account balances 9,463 (87,455)
Realized investment (gains) losses, net 38,096 36,083
Amortization and depreciation 2,254 (2,394)
Change in:    
Future policy benefit reserves 66,638 33,743
Reinsurance recoverables (68,724) (66,629)
Accrued investment income (2,340) (585)
Payables to parent and affiliates (55,377) 43,075
Deferred policy acquisition costs (36,418) (239,243)
Income taxes payable 99,326 158,346
Deferred sales inducements (20,397) (15,951)
Other, net (18,218) (28,719)
Cash flows from (used in) operating activities 165,182 206,320
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 306,441 432,461
Short-term investments 543,277 764,353
Policy loans 76 285
Commercial mortgage and other loans 4,024 4,047
Trading account assets 2,078 2,206
Other long-term investments 925 136
Payments for the purchase/origination of:    
Fixed maturities, available-for-sale (99,849) (61,262)
Short-term investments (575,797) (685,233)
Policy loans (318) (17)
Commercial mortgage and other loans (9,222) (12,957)
Trading account assets (2,143) (1,823)
Other long-term investments (3,140) (19,589)
Notes receivable from parent and affiliates, net 5,699 5,980
Other, net 24 (839)
Cash flows used in investing activities 172,075 427,748
CASH FLOWS USED IN FINANCING ACTIVITIES    
Affiliated asset transfers 12,439 16,370
Policyholders' account deposits 215,301 178,058
Policyholders' account withdrawals (551,829) (772,901)
Net change in securities sold under agreements to repurchase and cash collateral for loaned securities (16,747) (56,564)
Net increase in short-term borrowing 0 13
Drafts outstanding 8,511 734
Cash flows from (used in) financing activities (332,325) (634,290)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 4,932 (222)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 266 8,861
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 5,198 $ 8,639