CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Fixed maturities, at fair value (amortized cost: 2020 - $64,620,056; 2019 - $63,268,660; allowance for credit losses: 2020 - $19,399)	$ 70,095,244	$ 66,043,992
Fixed maturities, at amortized cost (fair value: 2020 - $2,990,170; 2019 - $3,025,790)	2,680,324	2,823,881
Equity securities, at fair value (cost: 2020 - $519,972; 2019 - $534,463)	538,385	553,720
Commercial mortgage loans, net of allowance for credit losses (allowance for credit losses: 2020 - $175,050; 2019 - $4,884)	9,765,312	9,379,401
Investment real estate, net of accumulated depreciation (2020 - $329; 2019 - $203)	10,195	10,321
Policy loans	1,640,147	1,675,121
Other long-term investments	2,955,438	2,479,520
Short-term investments	1,239,028	1,320,864
Total investments	88,924,073	84,286,820
Cash	381,753	171,752
Accrued investment income	723,028	715,388
Accounts and premiums receivable	161,658	174,202
Reinsurance receivables, net of allowances for credit losses (allowances for credit losses: 2020 - $107,472; 2019 - $0)	4,679,727	4,371,865
Deferred policy acquisition costs and value of business acquired	3,461,920	3,519,555
Goodwill	825,511	825,511
Other intangibles, net of accumulated amortization (2020 - $297,439; 2019 - $253,759)	553,084	583,426
Property and equipment, net of accumulated depreciation (2020 - $53,527; 2019 - $49,357)	209,554	211,745
Other assets	293,875	308,544
Assets related to separate accounts
Variable annuity	11,487,408	12,730,090
Variable universal life	1,144,474	1,135,666
Reinsurance assumed	12,091,466	11,443,105
Total assets	124,937,531	120,477,669
Liabilities
Future policy benefits and claims	54,074,073	53,943,962
Unearned premiums	781,403	794,832
Total policy liabilities and accruals	54,855,476	54,738,794
Stable value product account balances	6,017,259	5,443,752
Annuity account balances	15,213,466	14,289,907
Other policyholders’ funds	1,715,231	1,576,856
Other liabilities	4,654,669	2,977,278
Income tax payable	41,135	34,224
Deferred income taxes	1,717,358	1,371,970
Senior Notes	696	968
Subordinated debt	110,000	110,000
Non-recourse funding obligations	2,942,126	3,082,753
Secured financing liabilities	232,826	335,480
Liabilities related to separate accounts
Variable annuity	11,487,408	12,730,090
Variable universal life	1,144,474	1,135,666
Reinsurance assumed	12,091,466	11,443,105
Total liabilities	112,223,590	109,270,843
Commitments and contingencies - Note 11
Shareowner’s equity
Preferred Stock; $1 par value, shares authorized: 2,000; Liquidation preference: $2	2	2
Common Stock, $1 par value, shares authorized and issued: 2020 and 2019 - 5,000,000	5,000	5,000
Additional paid-in-capital	8,260,537	8,260,537
Retained earnings	1,694,377	1,533,645
Accumulated other comprehensive income (loss):
Net unrealized gains (losses) on investments, net of income tax: (2020 - $733,977; 2019 - $383,311)	2,761,152	1,441,978
Net unrealized losses on investments for which a credit loss has been recognized in operations, net of income tax: (2020 - $(183))	(688)
Net unrealized losses relating to other-than-temporary impaired investments for which a portion has been recognized in operations, net of income tax: (2019 - $(7,004))		(26,347)
Accumulated gain (loss) - derivatives, net of income tax: (2020 - $(1,710); 2019 - $(2,123))	(6,439)	(7,989)
Total shareowner’s equity	12,713,941	11,206,826
Total liabilities and shareowner’s equity	$ 124,937,531	$ 120,477,669