Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Investments:
Fixed maturities, available for sale, at fair value (amortized cost: 2016–$13,489,492; 2015–$13,251,871)		$ 14,459,605	$ 13,758,024
Equity securities, at fair value (cost: 2016–$776; 2015–$776)		1,610	1,635
Policy loans		496,840	492,462
Other long-term investments		37,237	36,803
Short-term investments		144,671	54,766
Total investments		15,139,963	14,343,690
Cash	[1]	12,758	61,383
Accrued investment income		221,186	209,915
Other receivables		349,652	344,552
Deferred acquisition costs		3,656,449	3,617,135
Goodwill		441,591	441,591
Other assets		511,656	522,104
Assets held for sale		287,766	312,843
Total assets		20,621,021	19,853,213
Liabilities:
Future policy benefits		12,394,378	12,245,811
Unearned and advance premiums		71,537	67,021
Policy claims and other benefits payable		269,198	272,898
Other policyholders’ funds		95,532	95,988
Total policy liabilities		12,830,645	12,681,718
Current and deferred income taxes payable		1,665,136	1,450,888
Other liabilities		382,821	380,158
Short-term debt		557,163	490,129
Long-term debt (fair value: 2016–$860,647; 2015–856,291)		743,953	743,733
Liabilities held for sale		49,560	51,035
Total liabilities		$ 16,229,278	$ 15,797,661
Commitments and Contingencies
Preferred stock, par value $1 per share–Authorized 5,000,000 shares; outstanding: -0- in 2016 and in 2015		$ 0	$ 0
Common stock, par value $1 per share–Authorized 320,000,000 shares; outstanding: (2016–130,218,183 issued, less 9,125,010 held in treasury and 2015–130,218,183 issued, less 7,848,231 held in treasury)		130,218	130,218
Additional paid-in capital		482,672	482,284
Accumulated other comprehensive income		535,475	231,947
Retained earnings		3,715,179	3,614,369
Treasury stock, at cost		(471,801)	(403,266)
Total shareholders’ equity		4,391,743	4,055,552
Total liabilities and shareholders’ equity		$ 20,621,021	$ 19,853,213

[1] Due to the adoption of ASU 2016-09, the excess tax benefits from stock option exercises of $2 million for the quarter ended March 31, 2016 were presented as a component of operating activities in the same manner as other cash flows related to income taxes. See further discussion at Note 2—New Accounting Standards.