XML 17 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Fixed maturities, at fair value (amortized cost: 2017 - $39,880,027; 2016 - $39,832,724) $ 38,575,433 $ 38,183,337
Fixed maturities, at amortized cost (fair value: 2017 - $2,746,375; 2016 - $2,733,340) 2,758,137 2,770,177
Equity securities, at fair value (amortized cost: 2017 - $783,751; 2016 - $768,423) 792,231 754,489
Mortgage loans (related to securitizations: 2017 - $267,267; 2016 - $277,964) 6,311,822 6,132,125
Investment real estate, net of accumulated depreciation (2017 - $291; 2016 - $252) 7,149 8,060
Policy loans 1,635,511 1,650,240
Other long-term investments 879,418 865,304
Short-term investments 299,167 332,431
Total investments 51,258,868 50,696,163
Cash 409,377 348,182
Accrued investment income 493,634 482,388
Accounts and premiums receivable 129,443 118,303
Reinsurance receivables 5,308,627 5,323,846
Deferred policy acquisition costs and value of business acquired 2,065,274 2,019,829
Goodwill 793,470 793,470
Other intangibles, net of accumulated amortization (2017 - $89,573; 2016 - $79,226) 675,507 688,083
Property and equipment, net of accumulated depreciation (2017 - $19,973; 2016 - $17,450) 105,420 106,111
Other assets 213,899 170,004
Income tax receivable 110,086 116,823
Assets related to separate accounts    
Variable annuity 13,512,921 13,244,252
Variable universal life 935,427 895,925
Total assets 76,011,953 75,003,379
Liabilities    
Future policy benefits and claims 30,626,096 30,511,085
Unearned premiums 853,786 848,495
Total policy liabilities and accruals 31,479,882 31,359,580
Stable value product account balances 3,614,225 3,501,636
Annuity account balances 10,633,964 10,642,115
Other policyholders’ funds 1,181,951 1,165,749
Other liabilities 2,015,827 1,924,155
Deferred income taxes 1,715,987 1,599,764
Non-recourse funding obligations 2,785,056 2,796,474
Secured financing liabilities 827,225 797,721
Debt 1,305,408 1,163,285
Subordinated debt securities 439,260 441,202
Liabilities related to separate accounts    
Variable annuity 13,512,921 13,244,252
Variable universal life 935,427 895,925
Total liabilities 70,447,133 69,531,858
Commitments and contingencies - Note 11 0 0
Shareowner’s equity    
Common Stock: 2017 and 2016 - $0.01 par value; shares authorized: 5,000; shares issued: 1,000 0 0
Additional paid-in-capital 5,554,059 5,554,059
Retained earnings 503,551 571,985
Accumulated other comprehensive income (loss):    
Net unrealized (losses) gains on investments, net of income tax: (2017 - $(264,157); 2016 - $(349,541)) (490,578) (649,147)
Net unrealized gains (losses) relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2017 - $(1,869); 2016 - $(3,864)) (3,472) (7,175)
Accumulated loss - derivatives, net of income tax: (2017 - $101; 2016 - $391) 188 727
Postretirement benefits liability adjustment, net of income tax: (2017 - $578; 2016 - $578) 1,072 1,072
Total shareowner’s equity 5,564,820 5,471,521
Total liabilities and shareowner’s equity $ 76,011,953 $ 75,003,379