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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Investments:    
Fixed maturities—available for sale, at fair value (amortized cost: 2022—$18,173,471; 2021—$17,805,309, allowance for credit losses: 2022— $0; 2021— $387) $ 16,005,140 $ 21,305,287
Policy loans 605,426 589,634
Other long-term investments (includes: 2022—$748,219; 2021—$640,263 under the fair value option) 907,390 793,925
Short-term investments 85,773 69,145
Total investments 17,603,729 22,757,991
Cash 85,586 92,163
Accrued investment income 269,212 251,307
Other receivables 475,363 487,443
Deferred acquisition costs 5,162,172 4,914,728
Goodwill 481,791 481,791
Other assets 760,935 782,625
Total assets 24,838,788 29,768,048
Liabilities:    
Future policy benefits 16,556,827 16,034,727
Unearned and advance premium 64,223 65,472
Policy claims and other benefits payable 417,739 412,940
Other policyholders' funds 103,161 98,935
Total policy liabilities 17,141,950 16,612,074
Current and deferred income taxes 568,282 1,765,021
Short-term debt 434,737 479,644
Long-term debt (estimated fair value: 2022—$1,445,523; 2021—$1,667,009) 1,627,547 1,546,494
Other liabilities 704,674 722,009
Total liabilities 20,477,190 21,125,242
Commitments and Contingencies (Note 5)
Shareholders' equity:    
Preferred stock, par value $1 per share—5,000,000 shares authorized; outstanding: 0 in 2022 and 2021 0 0
Common stock, par value $1 per share—320,000,000 shares authorized; outstanding: (2022—109,218,183 issued; 2021—109,218,183 issued) 109,218 109,218
Additional paid-in-capital 540,636 520,564
Accumulated other comprehensive income (loss) (1,811,549) 2,677,583
Retained earnings 6,633,369 6,182,100
Treasury stock, at cost: (2022—12,225,433 shares; 2021—9,650,845 shares) (1,110,076) (846,659)
Total shareholders' equity 4,361,598 8,642,806
Total liabilities and shareholders' equity $ 24,838,788 $ 29,768,048