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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Investments:    
Fixed maturities-available for sale, at fair value (amortized cost: 2011-$10,924,244; 2010-$10,435,497) $ 11,888,205 $ 10,543,034
Equity securities, at fair value (cost: 2011-$14,875; 2010-$14,875) 17,056 17,154
Policy loans 400,914 378,124
Other long-term investments 26,167 42,985
Short-term investments 21,244 216,680
Total investments 12,353,586 11,197,977
Cash 84,113 365,679
Accrued investment income 192,325 183,861
Other receivables 253,549 230,319
Deferred acquisition costs 2,916,732 2,869,546
Goodwill 396,891 396,891
Other assets 391,076 378,700
Total assets 16,588,272 15,622,973
Liabilities:    
Future policy benefits 9,572,257 9,150,031
Unearned and advance premiums 69,539 74,165
Policy claims and other benefits payable 222,254 221,598
Other policyholders' funds 92,487 91,293
Total policy liabilities 9,956,537 9,537,087
Current and deferred income taxes payable 1,319,853 1,021,556
Other liabilities 312,417 284,062
Short-term debt 224,842 198,875
Long-term debt (estimated fair value: 2011-$947,142; 2010-$933,336) 790,571 789,643
Due to affiliates 124,421 124,421
Total liabilities 12,728,641 11,955,644
Shareholders' equity:    
Preferred stock, par value $1 per share-Authorized 5,000,000 shares; outstanding: 0 in 2011 and in 2010 0 0
Common stock, par value $1 per share-Authorized 320,000,000 shares; outstanding: (2011-112,312,123 issued, less 11,732,658 held in treasury and 2010-119,812,123 issued, less 947,497 held in treasury) 112,312 [1] 119,812 [1]
Additional paid-in capital 425,331 432,608
Accumulated other comprehensive income (loss) 549,916 23,092
Retained earnings 3,264,711 [1] 3,124,436 [1]
Treasury stock (492,639) (32,619)
Total shareholders' equity 3,859,631 3,667,329
Total liabilities and shareholders' equity $ 16,588,272 $ 15,622,973
[1] Amounts have been retroactively adjusted for stock split described in Note 1.