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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Fixed maturity securities:    
Available-for-sale at fair value (amortized cost of $19,917,350 and $19,559,432) $ 21,289,108 $ 22,291,614
Mortgage loans on real estate (net of allowances of $7,669 and $11,580) 2,488,582 2,300,587
Policy loans 1,244,878 1,278,175
Funds withheld at interest 5,739,872 5,594,182
Short-term investments 44,192 288,082
Other invested assets 1,116,391 1,159,543
Total investments 31,923,023 32,912,183
Cash and cash equivalents 1,423,235 1,259,892
Accrued investment income 262,330 201,344
Premiums receivable and other reinsurance balances 1,252,610 1,356,087
Reinsurance ceded receivables 592,948 620,901
Deferred policy acquisition costs 3,533,932 3,619,274
Other assets 538,477 390,757
Total assets 39,526,555 40,360,438
Liabilities and Stockholders’ Equity    
Future policy benefits 11,873,306 11,372,856
Interest-sensitive contract liabilities 12,868,425 13,353,502
Other policy claims and benefits 3,440,371 3,160,250
Other reinsurance balances 264,023 233,630
Deferred income taxes 1,975,819 2,120,501
Other liabilities 510,079 742,249
Long-term debt 2,214,170 1,815,253
Collateral finance facility 484,712 652,010
Total liabilities 33,630,905 33,450,251
Commitments and contingent liabilities (See Note 8)      
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, 79,137,758 shares issued at September 30, 2013 and December 31, 2012 791 791
Additional paid-in-capital 1,778,307 1,755,421
Retained earnings 3,544,632 3,357,255
Treasury stock, at cost - 8,594,734 and 5,210,427 shares (528,081) (312,182)
Accumulated other comprehensive income 1,100,001 2,108,902
Total stockholders’ equity 5,895,650 6,910,187
Total liabilities and stockholders’ equity $ 39,526,555 $ 40,360,438