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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Fixed Maturity Securities [Abstract]    
Available-for-sale at fair value (amortized cost of $14,182,880 and $13,345,022 at December 31, 2011 and 2010, respectively) $ 16,200,950 $ 14,304,597
Mortgage loans on real estate (net of allowances of $11,793 and $6,239 at December 31, 2011 and 2010, respectively) 991,731 885,811
Policy loans 1,260,400 1,228,418
Funds withheld at interest 5,410,424 5,421,952
Short-term investments 88,566 118,387
Other invested assets 1,012,541 707,403
Total investments 24,964,612 22,666,568
Cash and cash equivalents 962,870 463,661
Accrued investment income 144,334 127,874
Premiums receivable and other reinsurance balances 1,059,572 1,037,679
Reinsurance ceded receivables 626,194 769,699
Deferred policy acquisition costs 3,543,925 3,314,715
Other assets 332,466 289,984
Total assets 31,633,973 28,670,180
Liabilities and Stockholders Equity    
Future policy benefits 9,903,886 9,274,789
Interest-sensitive contract liabilities 8,394,468 7,774,481
Other policy claims and benefits 2,841,373 2,597,941
Other reinsurance balances 118,219 133,590
Deferred income taxes 1,679,834 1,260,180
Other liabilities 810,775 637,923
Short Term Debt 0 199,985
Long-term debt 1,414,688 1,016,425
Collateral finance facility 652,032 850,039
Company-obligated mandatorily redeemable preferred securities of subsidiary trust holding solely junior subordinated debentures of the Company 0 159,421
Total liabilities 25,815,275 23,904,774
Stockholders Equity:    
Preferred stock (par value $.01 per share; 10,000,000 shares authorized; no shares issued or outstanding) 0 0
Common stock (par value $.01 per share; 140,000,000 shares authorized; shares issued: 79,137,758 and 73,363,523 at December 31, 2011 and 2010, respectively) 791 734
Warrants 0 66,912
Additional paid-in-capital 1,727,774 1,478,398
Retained earnings 2,818,429 2,327,473
Treasury stock, at cost; 5,770,024 and 328 shares at December 31, 2011 and 2010, respectively (346,449) (295)
Accumulated other comprehensive income (loss) 1,618,153 892,184
Total stockholders equity 5,818,698 4,765,406
Total liabilities and stockholders equity $ 31,633,973 $ 28,670,180