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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Investments:    
Fixed maturities—available for sale, at fair value (amortized cost: 2016—$13,778,254 ;2015–$13,251,871) $ 15,440,090 $ 13,758,024
Policy loans 501,555 492,462
Other long-term investments 58,377 38,438
Short-term investments 48,581 54,766
Total investments 16,048,603 14,343,690
Cash 49,678 61,383
Accrued investment income 216,443 209,915
Other receivables 358,686 344,552
Deferred acquisition costs 3,698,449 3,617,135
Goodwill 441,591 441,591
Other assets 509,790 522,104
Assets related to discontinued operations 250,800 312,843
Total assets 21,574,040 19,853,213
Liabilities:    
Future policy benefits 12,544,683 12,245,811
Unearned and advance premiums 72,649 67,021
Policy claims and other benefits payable 265,712 272,898
Other policyholders’ funds 96,184 95,988
Total policy liabilities 12,979,228 12,681,718
Current and deferred income taxes payable 1,887,091 1,450,888
Other liabilities 349,631 380,158
Short-term debt 286,011 490,129
Long-term debt (estimated fair value: 2016–$1,278,375; 2015–$856,291) 1,133,928 743,733
Liabilities related to discontinued operations 60,393 51,035
Total liabilities 16,696,282 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 10,365,271 held in treasury and 2015–130,218,183 issued, less 7,848,231 held in treasury) 130,218 130,218
Additional paid-in capital 489,726 482,284
Accumulated other comprehensive income 989,157 231,947
Retained earnings 3,817,666 3,614,369
Treasury stock, at cost (549,009) (403,266)
Total shareholders’ equity 4,877,758 4,055,552
Total liabilities and shareholders’ equity $ 21,574,040 $ 19,853,213