Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost $22,821,271 and $22,762,962)	$ 23,183,757	$ 23,593,139
Fixed maturities, held-for-trading, at fair value (amortized cost $20,182 and $20,512)	20,254	21,059
Mortgage loans on real estate (net of allowances of $773 and $773)	4,151,760	4,005,187
Policy loans	4,067,552	4,104,094
Short-term investments (amortized cost $297,520 and $350,266)	297,520	350,266
Limited partnership interests	53,120	45,540
Other investments	17,918	17,997
Total investments	31,791,881	32,137,282
Other assets:
Cash and cash equivalents	20,572	17,211
Reinsurance recoverable	589,117	589,080
Deferred acquisition costs (“DAC”) and value of business acquired (“VOBA”)	632,548	518,510
Investment income due and accrued	330,514	299,362
Collateral under securities lending agreements	95,024	0
Due from parent and affiliates	101,768	114,133
Goodwill	137,683	137,683
Other intangible assets	16,413	17,085
Other assets	1,040,593	954,250
Assets of discontinued operations	15,232	16,095
Separate account assets	26,843,072	27,660,571
Total assets	61,614,417	62,461,262
Policy benefit liabilities:
Future policy benefits	30,202,676	30,048,927
Policy and contract claims	401,815	389,029
Policyholders’ funds	247,781	280,578
Provision for policyholders’ dividends	40,403	41,972
Undistributed earnings on participating business	12,070	14,636
Total policy benefit liabilities	30,904,745	30,775,142
General liabilities:
Due to parent and affiliates	559,754	553,901
Commercial paper	85,882	99,886
Payable under securities lending agreements	95,024	0
Deferred income tax liabilities, net	50,926	93,203
Other liabilities	854,700	812,875
Liabilities of discontinued operations	15,232	16,095
Separate account liabilities	26,843,072	27,660,571
Total liabilities	59,409,335	60,011,673
Commitments and contingencies (See Note 13)
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; 7,320,176 shares issued and outstanding	7,320	7,320
Additional paid-in capital	950,586	949,520
Accumulated other comprehensive income	137,775	440,957
Retained earnings	1,109,401	1,051,792
Total stockholder’s equity	2,205,082	2,449,589
Total liabilities and stockholder’s equity	$ 61,614,417	$ 62,461,262