XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Investments:    
Fixed maturities—available for sale, at fair value (amortized cost: 2016— $13,944,467; 2015—$13,251,871) $ 15,837,700 $ 13,758,024
Policy loans 499,085 492,462
Other long-term investments 57,086 38,438
Short-term investments 65,904 54,766
Total investments 16,459,775 14,343,690
Cash 104,900 61,383
Accrued investment income 224,155 209,915
Other receivables 361,283 344,552
Deferred acquisition costs 3,739,526 3,617,135
Goodwill 441,591 441,591
Other assets 504,587 522,104
Assets related to discontinued operations 241,214 312,843
Total assets 22,077,031 19,853,213
Liabilities:    
Future policy benefits 12,678,227 12,245,811
Unearned and advance premiums 63,204 67,021
Policy claims and other benefits payable 281,047 272,898
Other policyholders’ funds 96,617 95,988
Total policy liabilities 13,119,095 12,681,718
Current and deferred income taxes payable 2,023,856 1,450,888
Other liabilities 384,843 380,158
Short-term debt 266,892 490,129
Long-term debt (estimated fair value: 2016—$1,290,254; 2015—$856,291) 1,133,544 743,733
Liabilities related to discontinued operations 62,418 51,035
Total liabilities 16,990,648 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 11,323,009 held in treasury and 2015—130,218,183 issued, less 7,848,231 held in treasury) 130,218 130,218
Additional paid-in capital 496,071 482,284
Accumulated other comprehensive income 1,142,826 231,947
Retained earnings 3,934,026 3,614,369
Treasury stock, at cost (616,758) (403,266)
Total shareholders’ equity 5,086,383 4,055,552
Total liabilities and shareholders’ equity $ 22,077,031 $ 19,853,213