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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Investments    
Fixed Maturity Securities - at fair value (amortized cost of $38,385.4; $38,410.6; allowance for credit losses of $2.2; $2.2) $ 36,247.8 $ 36,833.9
Mortgage Loans (net of allowance for credit losses of $10.7; $10.2) 2,298.8 2,318.2
Policy Loans 3,579.1 3,620.2
Other Long-term Investments 1,619.8 1,579.4
Short-term Investments 1,601.5 1,610.7
Total Investments 45,347.0 45,962.4
Other Assets    
Cash and Bank Deposits 279.1 146.0
Accounts and Premiums Receivable (net of allowance for credit losses of $30.0; $29.5) 1,594.0 1,543.7
Reinsurance Recoverable (net of allowance for credit losses of $1.7; $1.7) 8,843.6 9,108.4
Accrued Investment Income 660.9 633.9
Deferred Acquisition Costs 2,754.7 2,714.5
Goodwill 349.6 349.9
Property and Equipment 483.9 485.3
Deferred Income Tax Assets, Net 519.2 649.4
Other Assets 1,655.8 1,661.7
Total Assets 62,487.8 63,255.2
Liabilities    
Future Policy Benefits 38,624.5 40,009.4
Policyholders' Account Balances 5,639.0 5,667.7
Unearned Premiums 470.4 380.2
Other Policyholders’ Funds 1,582.4 1,615.7
Income Tax Payable 278.4 190.0
Deferred Income Tax 26.2 27.0
Long-term Debt 3,431.0 3,430.4
Other Liabilities 2,216.4 2,283.4
Total Liabilities 52,268.3 53,603.8
Commitments and Contingent Liabilities - Note 13
Stockholders' Equity    
Common Stock, $0.10 par; authorized: 725,000,000 shares; issued: 195,208,726 and 194,588,625 shares 19.5 19.4
Additional Paid-in Capital 1,548.2 1,547.8
Accumulated Other Comprehensive Loss (2,940.0) (3,308.0)
Retained Earnings 11,754.1 11,431.5
Treasury Stock - at cost: 3,755,025 and 1,216,528 shares (162.3) (39.3)
Total Stockholders' Equity 10,219.5 9,651.4
Total Liabilities and Stockholders' Equity $ 62,487.8 $ 63,255.2