Selected Quarterly Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2023

Quarterly Financial Information Disclosure [Abstract]

The following is an unaudited summary of quarterly results for the two years ended December 31, 2023. The information includes all adjustments (consisting of normal accruals), which management considers necessary for a fair presentation of the results of operations for these periods. In addition, the figures below have been retrospectively adjusted due to the impacts of ASU 2018-12. See Note 1 —Significant Accounting Polic ies for additional information regarding the impact of the adoption.


	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
2023:
Total assets	$	26,922,329	$	26,769,793	$	26,223,345	$	28,051,499
Total liabilities	23,076,038		22,789,487		21,600,214		23,564,696
Premium income	1,095,090		$	1,110,920	$	1,119,335	$	1,130,672
Net investment income	257,105		261,244		266,926		271,609
Realized gains (losses)	(30,927)		(45,843)		(2,193)		13,287
Total revenue	1,321,318		1,326,406		1,384,118		1,415,691
Policyholder benefits	707,927		717,510		719,044		719,770
Amortization of deferred acquisition costs	92,322		94,080		95,757		97,541
Pretax income	274,234		264,506		318,815		336,711


Net income	223,610		215,260		257,083		274,802

Basic net income per common share	2.32		2.26		2.72		2.92

Diluted net income per common share	2.28		2.24		2.68		2.88


	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
2022:
Total assets	$	28,215,723	$	26,424,294	$	25,248,899	$	25,986,797
Total liabilities	25,671,448		23,203,991		21,638,930		22,037,220
Premium income	1,064,812		1,077,199		1,079,282		1,088,949
Net investment income	244,894		244,712		246,711		255,483
Realized gains (losses)	(7,244)		(30,446)		(29,155)		(9,703)
Total revenue	1,302,626		1,291,764		1,297,237		1,335,113
Policyholder benefits	694,149		691,431		737,576		702,278
Amortization of deferred acquisition costs	84,496		86,185		88,012		90,131
Pretax income	294,176		276,449		234,776		296,710


Net income	237,484		223,973		190,586		242,343

Basic net income per common share	2.39		2.28		1.96		2.50

Diluted net income per common share	2.37		2.26		1.94		2.46