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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets:    
Fixed maturities-available for sale, at fair value (amortized cost: 2016—$14,188,050; 2015—$13,251,871) $ 15,245,861 $ 13,758,024
Policy loans 507,975 492,462
Other long-term investments 53,852 38,438
Short-term investments 72,040 54,766
Total investments 15,879,728 14,343,690
Cash 76,163 61,383
Accrued investment income 223,148 209,915
Other receivables 384,454 344,552
Deferred acquisition costs 3,783,158 3,617,135
Goodwill 441,591 441,591
Other assets 520,313 522,104
Assets related to discontinued operations 127,532 312,843
Total assets 21,436,087 19,853,213
Liabilities:    
Future policy benefits 12,825,837 12,245,811
Unearned and advance premiums 64,017 67,021
Policy claims and other benefits payable 299,565 272,898
Other policyholders' funds 96,993 95,988
Total policy liabilities 13,286,412 12,681,718
Current and deferred income taxes payable 1,743,990 1,450,888
Other liabilities 413,760 380,158
Short-term debt 264,475 490,129
Long-term debt (estimated fair value: 2016—$1,233,019; 2015—$856,291) 1,133,165 743,733
Liabilities related to discontinued operations 27,424 51,035
Total liabilities 16,869,226 15,797,661
Commitments and Contingencies (Note 15)
Shareholders' equity:    
Preferred stock, par value $1 per share—Authorized 5,000,000 shares; outstanding: 0 in 2016 and 2015 0 0
Common stock, par value $1 per share—Authorized 320,000,000 shares; outstanding: (2016—127,218,183 issued, less 9,187,075 held in treasury and 2015—130,218,183 issued, less 7,848,231 held in treasury) 127,218 130,218
Additional paid-in capital 490,421 482,284
Accumulated other comprehensive income (loss) 577,574 231,947
Retained earnings 3,890,798 3,614,369
Treasury stock (519,150) (403,266)
Total shareholders’ equity 4,566,861 4,055,552
Total liabilities and shareholders’ equity $ 21,436,087 $ 19,853,213