XML 89 R78.htm IDEA: XBRL DOCUMENT v3.7.0.1
OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Summarized financial information for the company's segments      
Revenues $ 1,105,297 $ 1,126,913  
Pre-tax Adjusted Operating Income (Loss) 135,389 142,010  
Realized (losses) gains on investments and derivatives (23,040) 29,832  
Income before income tax 112,349 171,842  
Income tax (expense) benefit (36,935) (56,494)  
Net income 75,414 115,348  
Adjusted operating income tax (expense) benefit (44,999) (46,053)  
After-tax adjusted operating income 90,390 95,957  
Income tax benefit (expense) on adjustments 8,064 (10,441)  
Realized investment (losses) gains:      
Derivative financial instruments (69,878) (73,499)  
All other investments 22,841 81,728  
Net impairment losses recognized in earnings (7,831) (2,617)  
Less: related amortization (10,744) (4,050)  
Less: VA GLWB economic cost (21,084) (20,170)  
Operating Segment Assets      
Investments and other assets 72,477,702   $ 71,501,997
Deferred policy acquisition costs and value of business acquired 2,065,274   2,019,829
Other intangibles 675,507   688,083
Goodwill 793,470   793,470
Total assets 76,011,953   75,003,379
Operating | Life Marketing      
Summarized financial information for the company's segments      
Revenues 421,392 409,082  
Pre-tax Adjusted Operating Income (Loss) 18,945 13,701  
Operating Segment Assets      
Investments and other assets 14,257,164   14,050,170
Deferred policy acquisition costs and value of business acquired 1,246,081   1,218,944
Other intangibles 296,638   301,399
Goodwill 200,274   200,274
Total assets 16,000,157   15,770,787
Operating | Acquisitions      
Summarized financial information for the company's segments      
Revenues 401,367 424,807  
Pre-tax Adjusted Operating Income (Loss) 53,667 68,653  
Operating Segment Assets      
Investments and other assets 19,629,308   19,679,690
Deferred policy acquisition costs and value of business acquired 102,691   106,532
Other intangibles 36,465   37,103
Goodwill 14,524   14,524
Total assets 19,782,988   19,837,849
Operating | Annuities      
Summarized financial information for the company's segments      
Revenues 108,642 138,414  
Pre-tax Adjusted Operating Income (Loss) 53,007 53,629  
Operating Segment Assets      
Investments and other assets 20,485,877   20,243,333
Deferred policy acquisition costs and value of business acquired 680,597   655,618
Other intangibles 180,116   183,449
Goodwill 336,677   336,677
Total assets 21,683,267   21,419,077
Operating | Stable Value Products      
Summarized financial information for the company's segments      
Revenues 40,843 29,902  
Pre-tax Adjusted Operating Income (Loss) 23,899 14,448  
Operating Segment Assets      
Investments and other assets 3,486,857   3,373,646
Deferred policy acquisition costs and value of business acquired 4,999   5,455
Other intangibles 8,556   8,722
Goodwill 113,813   113,813
Total assets 3,614,225   3,501,636
Operating | Asset Protection      
Summarized financial information for the company's segments      
Revenues 80,083 64,248  
Pre-tax Adjusted Operating Income (Loss) 5,599 5,300  
Operating Segment Assets      
Investments and other assets 1,005,914   1,013,399
Deferred policy acquisition costs and value of business acquired 30,906   33,280
Other intangibles 141,216   143,865
Goodwill 128,182   128,182
Total assets 1,306,218   1,318,726
Operating | Corporate and Other      
Summarized financial information for the company's segments      
Revenues 52,970 60,460  
Pre-tax Adjusted Operating Income (Loss) (19,728) $ (13,721)  
Operating Segment Assets      
Investments and other assets 13,612,582   13,141,759
Deferred policy acquisition costs and value of business acquired 0   0
Other intangibles 12,516   13,545
Goodwill 0   0
Total assets $ 13,625,098   $ 13,155,304