XML 66 R99.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenue:      
Premium income $ 446,395us-gaap_PremiumsEarnedNet $ 464,093us-gaap_PremiumsEarnedNet $ 422,153us-gaap_PremiumsEarnedNet
Fee income 729,179us-gaap_InsuranceCommissionsAndFees 618,244us-gaap_InsuranceCommissionsAndFees 535,823us-gaap_InsuranceCommissionsAndFees
Other revenue 7,506us-gaap_OtherIncome 7,355us-gaap_OtherIncome 0us-gaap_OtherIncome
Net investment income 1,228,388us-gaap_NetInvestmentIncome 1,091,389us-gaap_NetInvestmentIncome 1,191,551us-gaap_NetInvestmentIncome
Realized investments gains (losses), net 147,371us-gaap_RealizedInvestmentGainsLosses (14,136)us-gaap_RealizedInvestmentGainsLosses 116,717us-gaap_RealizedInvestmentGainsLosses
Total revenues 2,558,839us-gaap_Revenues 2,166,945us-gaap_Revenues 2,266,244us-gaap_Revenues
Benefits and expenses:      
Policyholder benefits 1,222,445gac_BenefitsExpenses 1,232,091gac_BenefitsExpenses 1,198,310gac_BenefitsExpenses
Operating expenses 863,122us-gaap_OperatingExpenses 747,321us-gaap_OperatingExpenses 694,515us-gaap_OperatingExpenses
Total benefits and expenses 2,085,567us-gaap_BenefitsLossesAndExpenses 1,979,412us-gaap_BenefitsLossesAndExpenses 1,892,825us-gaap_BenefitsLossesAndExpenses
Income (loss) before income taxes 473,272us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 187,533us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 373,419us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense (benefit) 155,903us-gaap_IncomeTaxExpenseBenefit 58,791us-gaap_IncomeTaxExpenseBenefit 135,305us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 317,369us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 128,742us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 238,114us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Assets:      
Investments 28,323,243us-gaap_Investments 26,516,423us-gaap_Investments  
Other assets 2,281,808us-gaap_OtherAssetsMiscellaneous 2,147,193us-gaap_OtherAssetsMiscellaneous  
Separate account assets 27,718,844us-gaap_SeparateAccountAssets 26,630,904us-gaap_SeparateAccountAssets  
Assets of continuing operations 58,323,895gac_AssetsOfContinuingOperations 55,294,520gac_AssetsOfContinuingOperations  
Assets of discontinued operations 24,324us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation 29,007us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation  
Total assets 58,348,219us-gaap_Assets 55,323,527us-gaap_Assets  
Individual Markets Segment      
Revenue:      
Premium income 360,305us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
354,202us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
314,350us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Fee income 95,631us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
94,037us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
74,985us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Other revenue 0us-gaap_OtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
7,355us-gaap_OtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
 
Net investment income 748,015us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
688,279us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
729,885us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Realized investments gains (losses), net 44,381us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
19,071us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
55,959us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Total revenues 1,248,332us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
1,162,944us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
1,175,179us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Benefits and expenses:      
Policyholder benefits 902,982gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
921,096gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
882,726gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Operating expenses 136,850us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
142,141us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
136,895us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Total benefits and expenses 1,039,832us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
1,063,237us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
1,019,621us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Income (loss) before income taxes 208,500us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
99,707us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
155,558us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Income tax expense (benefit) 68,719us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
34,265us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
50,869us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Net income (loss) 139,781us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
65,442us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
104,689us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
Assets:      
Investments 15,928,591us-gaap_Investments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
14,563,978us-gaap_Investments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
 
Other assets 1,283,256us-gaap_OtherAssetsMiscellaneous
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
1,179,332us-gaap_OtherAssetsMiscellaneous
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
 
Separate account assets 7,247,463us-gaap_SeparateAccountAssets
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
6,321,135us-gaap_SeparateAccountAssets
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
 
Assets of continuing operations 24,459,310gac_AssetsOfContinuingOperations
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
22,064,445gac_AssetsOfContinuingOperations
/ us-gaap_StatementBusinessSegmentsAxis
= gac_IndividualMarketsMember
 
Retirement Services Segment      
Revenue:      
Premium income 1,215us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
3,954us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
3,670us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Fee income 629,533us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
519,842us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
456,052us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Other revenue 7,506us-gaap_OtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
0us-gaap_OtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
 
Net investment income 426,340us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
351,729us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
414,114us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Realized investments gains (losses), net 102,597us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
(33,233)us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
60,726us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Total revenues 1,167,191us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
842,292us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
934,562us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Benefits and expenses:      
Policyholder benefits 206,339gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
196,115gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
204,296gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Operating expenses 647,165us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
538,209us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
492,427us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Total benefits and expenses 853,504us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
734,324us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
696,723us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Income (loss) before income taxes 313,687us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
107,968us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
237,839us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Income tax expense (benefit) 104,162us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
33,240us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
78,150us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Net income (loss) 209,525us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
74,728us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
159,689us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
Assets:      
Investments 10,621,831us-gaap_Investments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
10,370,421us-gaap_Investments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
 
Other assets 855,728us-gaap_OtherAssetsMiscellaneous
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
839,755us-gaap_OtherAssetsMiscellaneous
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
 
Separate account assets 20,471,381us-gaap_SeparateAccountAssets
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
20,309,769us-gaap_SeparateAccountAssets
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
 
Assets of continuing operations 31,948,940gac_AssetsOfContinuingOperations
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
31,519,945gac_AssetsOfContinuingOperations
/ us-gaap_StatementBusinessSegmentsAxis
= gac_RetirementServicesMember
 
Other Segment      
Revenue:      
Premium income 84,875us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
105,937us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
104,133us-gaap_PremiumsEarnedNet
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Fee income 4,015us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
4,365us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
4,786us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Other revenue 0us-gaap_OtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
0us-gaap_OtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
 
Net investment income 54,033us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
51,381us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
47,552us-gaap_NetInvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Realized investments gains (losses), net 393us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
26us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
32us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Total revenues 143,316us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
161,709us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
156,503us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Benefits and expenses:      
Policyholder benefits 113,124gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
114,880gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
111,288gac_BenefitsExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Operating expenses 79,107us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
66,971us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
65,193us-gaap_OperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Total benefits and expenses 192,231us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
181,851us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
176,481us-gaap_BenefitsLossesAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Income (loss) before income taxes (48,915)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
(20,142)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
(19,978)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Income tax expense (benefit) (16,978)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
(8,714)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
6,286us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Net income (loss) (31,937)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
(11,428)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
(26,264)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
Assets:      
Investments 1,772,821us-gaap_Investments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
1,582,024us-gaap_Investments
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
 
Other assets 142,824us-gaap_OtherAssetsMiscellaneous
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
128,106us-gaap_OtherAssetsMiscellaneous
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
 
Assets of continuing operations $ 1,915,645gac_AssetsOfContinuingOperations
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember
$ 1,710,130gac_AssetsOfContinuingOperations
/ us-gaap_StatementBusinessSegmentsAxis
= gac_OtherSegmentMember