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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Investments:    
Fixed maturities, available for sale, at fair value (amortized cost: 2015–$13,166,248; 2014–$12,823,612) $ 14,080,199 $ 14,493,060
Equity securities, at fair value (cost: 2015–$776; 2014–$776) 1,582 1,477
Policy loans 486,042 472,109
Other long-term investments 8,662 10,449
Short-term investments 63,663 15,882
Total investments 14,640,148 14,992,977
Cash 59,485 66,019
Accrued investment income 215,919 204,879
Other receivables 676,155 543,988
Deferred acquisition costs 3,585,302 3,471,781
Goodwill 441,591 441,591
Other assets 500,640 493,495
Total assets 20,119,240 20,214,730
Liabilities:    
Future policy benefits 12,117,926 11,750,495
Unearned and advance premiums 70,334 72,275
Policy claims and other benefits payable 245,706 212,137
Other policyholders’ funds 95,798 95,446
Total policy liabilities 12,529,764 12,130,353
Current and deferred income taxes payable 1,588,992 1,797,265
Other liabilities 355,428 359,118
Short-term debt 618,236 238,398
Long-term debt (fair value: 2015–$868,502; 2014–$1,148,749) 743,518 992,130
Total liabilities 15,835,938 15,517,264
Shareholders’ equity:    
Preferred stock, par value $1 per share–Authorized 5,000,000 shares; outstanding: -0- in 2015 and in 2014 0 0
Common stock, par value $1 per share–Authorized 320,000,000 shares; outstanding: (2015–134,218,183 issued, less 10,501,488 held in treasury and 2014–134,218,183 issued, less 6,287,907 held in treasury) 134,218 134,218
Additional paid-in capital 488,318 457,613
Accumulated other comprehensive income 499,829 997,452
Retained earnings 3,686,375 3,376,846
Treasury stock, at cost (525,438) (268,663)
Total shareholders’ equity 4,283,302 4,697,466
Total liabilities and shareholders’ equity $ 20,119,240 $ 20,214,730