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Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 77,498 $ 147,388
Adjustments to reconcile net income to net cash provided by operating activities:    
Policy charges and fee income 1,473 3,491
Interest credited to policyholders' account balances 47,969 9,463
Realized investment (gains) losses, net 171 38,096
Amortization and depreciation 680 2,254
Change in:    
Future policy benefit reserves 77,111 66,638
Reinsurance recoverables (70,004) (68,724)
Accrued investment income (950) (2,340)
Receivables from parents and affiliates   (55,377)
Payables to parent and affiliates (17,487)  
Deferred policy acquisition costs 38,145 (36,418)
Income taxes payable 5,222 99,326
Deferred sales inducements (4,366) (9,042)
Other, net (19,918) (29,573)
Cash flows from (used in) operating activities 135,544 165,182
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 365,885 306,441
Short-term investments 761,364 543,277
Policy loans 162 76
Commercial mortgage and other loans 7,519 4,024
Trading account assets 987 2,078
Other long-term investments 985 925
Payments for the purchase/origination of:    
Fixed maturities, available-for-sale (237,083) (99,849)
Short-term investments (816,271) (575,797)
Policy loans (169) (318)
Commercial mortgage and other loans (15,718) (9,222)
Trading account assets (619) (2,143)
Other long-term investments (7,593) (3,140)
Notes receivable from parent and affiliates, net 3,865 5,699
Other, net (14) 24
Cash flows used in investing activities 63,300 172,075
CASH FLOWS USED IN FINANCING ACTIVITIES    
Policyholders' account deposits 312,039 215,301
Policyholders' account withdrawals (480,796) (551,829)
Net change in securities sold under agreements to repurchase and cash collateral for loaned securities (23,091) (16,747)
Net increase in short-term borrowing (5,000) 0
Drafts outstanding 5,370 8,511
Cash flows from (used in) financing activities (191,478) (332,325)
contributed 0 12,439
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 7,366 4,932
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 1,417 266
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 8,783 $ 5,198