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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Fixed maturities, at fair value (amortized cost: 2017 - $39,946,303 ; 2016 - $39,832,724) $ 39,374,923 $ 38,183,337
Fixed maturities, at amortized cost (fair value: 2017 - $2,805,107; 2016 - $2,733,340) 2,747,077 2,770,177
Equity securities, at fair value (amortized cost: 2017 - $768,323; 2016 - $768,423) 787,317 754,489
Mortgage loans (related to securitizations: 2017 - $255,641; 2016 - $277,964) 6,472,861 6,132,125
Investment real estate, net of accumulated depreciation (2017 - $328; 2016 - $252) 6,705 8,060
Policy loans 1,634,809 1,650,240
Other long-term investments 836,321 865,304
Short-term investments 366,958 332,431
Total investments 52,226,971 50,696,163
Cash 404,871 348,182
Accrued investment income 482,017 482,388
Accounts and premiums receivable 121,449 118,303
Reinsurance receivables 5,246,252 5,323,846
Deferred policy acquisition costs and value of business acquired 2,094,497 2,019,829
Goodwill 793,470 793,470
Other intangibles, net of accumulated amortization (2017 - $113,748; 2016 - $79,226) 665,907 688,083
Property and equipment, net of accumulated depreciation (2017 - $17,563; 2016 - $17,450) 106,046 106,111
Other assets 231,480 170,004
Income tax receivable 100,069 116,823
Assets related to separate accounts    
Variable annuity 13,616,259 13,244,252
Variable universal life 959,638 895,925
Total assets 77,048,926 75,003,379
Liabilities    
Future policy benefits and claims 30,731,694 30,511,085
Unearned premiums 861,326 848,495
Total policy liabilities and accruals 31,593,020 31,359,580
Stable value product account balances 4,023,790 3,501,636
Annuity account balances 10,770,111 10,642,115
Other policyholders’ funds 1,267,352 1,165,749
Other liabilities 2,152,711 1,924,155
Deferred income taxes 1,907,228 1,599,764
Non-recourse funding obligations 2,774,744 2,796,474
Secured financing liabilities 440,125 797,721
Debt 1,163,531 1,163,285
Subordinated debt securities 437,804 441,202
Liabilities related to separate accounts    
Variable annuity 13,616,259 13,244,252
Variable universal life 959,638 895,925
Total liabilities 71,106,313 69,531,858
Commitments and contingencies - Note 11
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 587,819 571,985
Accumulated other comprehensive income (loss):    
Net unrealized (losses) gains on investments, net of income tax: (2017 - $(107,486); 2016 - $(349,541)) (199,616) (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 - $(479); 2016 - $(3,864)) (889) (7,175)
Accumulated loss - derivatives, net of income tax: (2017 - $90; 2016 - $391) 168 727
Postretirement benefits liability adjustment, net of income tax: (2017 - $578; 2016 - $578) 1,072 1,072
Total shareowner’s equity 5,942,613 5,471,521
Total liabilities and shareowner’s equity $ 77,048,926 $ 75,003,379