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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Investments:    
Fixed maturities—available for sale, at fair value (amortized cost: 2018—$15,462,364; 2017—$14,995,101) $ 16,231,471 $ 16,969,325
Policy loans 543,836 529,529
Other long-term investments (includes: 2018—$107,996; 2017—$0, under the fair value option) 191,191 108,559
Short-term investments 633,490 127,071
Total investments 17,599,988 17,734,484
Cash 77,439 118,563
Accrued investment income 244,851 233,453
Other receivables 406,907 391,775
Deferred acquisition costs 4,091,601 3,958,063
Goodwill 441,591 441,591
Other assets 538,540 528,536
Assets related to discontinued operations 68,571 68,520
Total assets 23,469,488 23,474,985
Liabilities:    
Future policy benefits 13,842,694 13,439,472
Unearned and advance premiums 62,139 61,430
Policy claims and other benefits payable 337,981 333,294
Other policyholders' funds 97,007 97,635
Total policy liabilities 14,339,821 13,931,831
Current and deferred income taxes payable 1,072,856 1,312,002
Other liabilities 493,726 489,609
Short-term debt 615,011 328,067
Long-term debt (estimated fair value: 2018—$1,387,229; 2017—$1,228,392) 1,358,947 1,132,201
Liabilities related to discontinued operations 50,222 49,854
Total liabilities 17,930,583 17,243,564
Commitments and Contingencies (Note 6)
Shareholders’ equity:    
Preferred stock, par value $1 per share—Authorized 5,000,000 shares; outstanding: 0 in 2018 and 2017 0 0
Common stock, par value $1 per share—Authorized 320,000,000 shares; outstanding: (2018— 124,218,183 issued, less 12,050,407 held in treasury and 2017—124,218,183 issued, less 9,625,104 held in treasury) 124,218 124,218
Additional paid-in capital 527,489 508,476
Accumulated other comprehensive income 477,624 1,424,274
Retained earnings 5,267,964 4,806,208
Treasury stock, at cost (858,390) (631,755)
Total shareholders’ equity 5,538,905 6,231,421
Total liabilities and shareholders’ equity $ 23,469,488 $ 23,474,985