XML 22 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Successor    
Assets    
Fixed maturities, at fair value (amortized cost: Successor 2016 - $39,049,618; 2015 - $38,457,049) $ 37,139,180 $ 35,573,250
Fixed maturities, at amortized cost (fair value: Successor 2016 - $2,757,674; 2015 - $515,000) 2,783,302 593,314
Equity securities, at fair value (cost: Successor 2016 - $715,478; 2015 - $732,485) 722,149 739,263
Mortgage loans (related to securitizations: Successor 2016 - $331,612; 2015 - $359,181) 5,689,960 5,662,812
Investment real estate, net of accumulated depreciation (2016 - $170; 2015 - $133) 8,231 11,118
Policy loans 1,684,088 1,699,508
Other long-term investments 765,739 622,567
Short-term investments 449,278 268,718
Total investments 49,241,927 45,170,550
Cash 354,144 396,072
Accrued investment income 489,820 473,598
Accounts and premiums receivable 111,457 62,459
Reinsurance receivables 5,515,548 5,536,751
Deferred policy acquisition costs and value of business acquired 1,868,995 1,558,808
Goodwill 732,443 732,443
Other intangibles, net of accumulated amortization (Successor 2016 - $48,197; 2015 - $37,869) 634,803 645,131
Property and equipment, net of accumulated depreciation (Successor 2016 - $10,537; 2015 - $8,277) 102,875 102,865
Other assets 156,109 153,222
Income tax receivable 9,845 0
Assets related to separate accounts    
Variable annuity 12,789,776 12,829,188
Variable universal life 819,259 827,610
Total assets 72,827,001 68,488,697
Liabilities    
Future policy benefits and claims 30,391,287 29,703,897
Unearned premiums 730,845 723,536
Total policy liabilities and accruals 31,122,132 30,427,433
Stable value product account balances 2,098,870 2,131,822
Annuity account balances 10,765,723 10,719,862
Other policyholders’ funds 1,212,476 1,069,572
Other liabilities 2,131,005 1,693,310
Income tax payable 0 49,957
Deferred income taxes 1,344,066 997,281
Non-recourse funding obligations 2,866,735 685,684
Repurchase program borrowings 660,000 438,185
Debt 1,525,507 1,588,806
Subordinated debt securities 446,903 448,763
Liabilities related to separate accounts    
Variable annuity 12,789,776 12,829,188
Variable universal life 819,259 827,610
Total liabilities 67,782,452 63,907,473
Commitments and contingencies 0 0
Shareowner’s equity    
Common Stock, Successor: 2016 and 2015 - $.01 par value; shares authorized: 5,000; shares issued: 1,000 0 0
Additional paid-in-capital 5,554,059 5,554,059
Treasury stock, at cost 0 0
Retained earnings 294,304 268,299
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (Successor 2016 - $(435,963); 2015 - $(671,285)) (809,646) (1,246,672)
Net unrealized (losses) gains relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (Successor 2016 - $(53); 2015 - $(212)) (99) (393)
Postretirement benefits liability adjustment, net of income tax: (Successor 2016 - $3,194; 2015 - $3,194) 5,931 5,931
Total shareowner’s equity 5,044,549 4,581,224
Total liabilities and shareowner’s equity $ 72,827,001 $ 68,488,697