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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost $16,182,197 and $17,807,359) $ 17,293,066 $ 18,469,544
Fixed maturities, held for trading, at fair value (amortized cost $214,312 and $333,892) 219,558 336,055
Mortgage loans on real estate (net of allowances of $2,890 and $2,890) 3,175,683 3,134,255
Policy loans 4,179,059 4,185,472
Short-term investments (amortized cost $3,071,133 and $294,287) 3,071,133 294,287
Limited partnership and other corporation interests 55,011 79,236
Other investments 16,344 17,574
Total investments 28,009,854 26,516,423
Other assets:    
Cash 22,247 7,491
Reinsurance receivable 617,780 588,533
Deferred acquisition costs (“DAC”) and value of business acquired (“VOBA”) 319,890 343,288
Investment income due and accrued 293,188 270,024
Collateral under securities lending agreements 62,887 18,534
Due from parent and affiliates 31,320 91,057
Goodwill 155,504 105,255
Other intangible assets 12,871 15,155
Other assets 747,058 707,856
Assets of discontinued operations 25,075 29,007
Separate account assets 27,481,866 26,630,904
Total assets 57,779,540 55,323,527
Policy benefit liabilities:    
Future policy benefits 25,705,979 24,609,155
Policy and contract claims 338,587 345,261
Policyholders’ funds 306,293 345,689
Provision for policyholders’ dividends 62,897 62,797
Undistributed earnings on participating business 19,068 10,776
Total policy benefit liabilities 26,432,824 25,373,678
General liabilities:    
Due to parent and affiliates 551,275 541,793
Commercial paper 99,989 98,990
Payable under securities lending agreements 62,887 18,534
Deferred income tax liabilities, net 276,383 106,849
Other liabilities 683,694 648,040
Liabilities of discontinued operations 25,075 29,007
Separate account liabilities 27,481,866 26,630,904
Total liabilities 55,613,993 53,447,795
Commitments and contingencies (See Note 14)      
Stockholder’s equity:    
Preferred stock ($1 par value, 50,000,000 shares authorized; none issued and outstanding) 0 0
Common stock ($1 par value, 50,000,000 shares authorized; 7,032,000 shares issued and outstanding) 7,032 7,032
Additional paid-in capital 776,974 774,115
Accumulated other comprehensive income 580,906 345,754
Retained earnings 800,635 748,831
Total stockholder’s equity 2,165,547 1,875,732
Total liabilities and stockholder’s equity $ 57,779,540 $ 55,323,527