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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Fixed maturities, at fair value (amortized cost: 2019 - $54,367,022; 2018 - $54,466,305) $ 53,777,352 $ 51,904,699
Fixed maturities, at amortized cost (fair value: 2019 - $2,594,441; 2018 - $2,547,210) 2,607,356 2,633,474
Equity securities, at fair value (cost: 2019 - $619,483; 2018 - $627,087) 619,440 595,884
Mortgage loans (related to securitizations: 2019 - $17; 2018 - $134) 7,701,465 7,724,733
Investment real estate, net of accumulated depreciation (2019 - $283; 2018 - $251) 6,478 6,816
Policy loans 1,677,442 1,695,886
Other long-term investments 853,117 759,354
Short-term investments 817,642 807,283
Total investments 68,060,292 66,128,129
Cash 280,250 173,714
Accrued investment income 646,996 634,921
Accounts and premiums receivable 153,833 113,507
Reinsurance receivables 4,660,567 4,764,743
Deferred policy acquisition costs and value of business acquired 2,986,686 3,023,154
Goodwill 825,511 825,511
Other intangibles, net of accumulated amortization (2019 - $211,899; 2018 - $197,583) 601,603 613,431
Property and equipment, net of accumulated depreciation (2019 - $37,450; 2018 - $33,199) 206,781 184,957
Other assets 261,136 250,036
Assets related to separate accounts:    
Variable annuity 12,737,450 12,288,919
Variable universal life 1,041,397 937,732
Total assets 92,462,502 89,938,754
Liabilities    
Future policy benefits and claims 42,125,544 41,901,552
Unearned premiums 874,253 872,594
Total policy liabilities and accruals 42,999,797 42,774,146
Stable value product account balances 5,527,816 5,234,731
Annuity account balances 13,665,415 13,720,081
Other policyholders’ funds 1,166,378 1,128,379
Other liabilities 2,646,033 2,374,112
Income tax payable 131,817 38,547
Deferred income taxes 1,069,207 839,316
Non-recourse funding obligations 2,607,021 2,632,497
Secured financing liabilities 184,012 495,307
Debt 1,083,672 1,101,827
Subordinated debt 605,460 605,426
Liabilities related to separate accounts:    
Variable annuity 12,737,450 12,288,919
Variable universal life 1,041,397 937,732
Total liabilities 85,465,475 84,171,020
Commitments and contingencies - Note 12
Shareowner’s equity    
Common Stock: 2019 and 2018 - $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 1,726,917 1,639,441
Accumulated other comprehensive income (loss):    
Net unrealized (losses) gains on investments, net of income tax: (2019 - $(67,182); 2018 - $(368,830)) (252,733) (1,387,504)
Net unrealized losses relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2019 - $(3,717); 2018 - $(6,054)) (13,981) (22,773)
Accumulated gain (loss) - derivatives, net of income tax: (2019 - $(466); 2018 - $(2)) (1,753) (7)
Postretirement benefits liability adjustment, net of income tax: (2019 - $(4,112); 2018 - $(4,112)) (15,482) (15,482)
Total shareowner’s equity 6,997,027 5,767,734
Total liabilities and shareowner’s equity $ 92,462,502 $ 89,938,754