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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Fixed maturities, available for sale, at fair value (amortized cost: 2017 – $4,941,944; 2016 – $5,552,911) $ 5,223,302 $ 5,617,549
Equity securities, available for sale, at fair value (cost: 2017 – $20,754; 2016 – $16,390) 23,122 16,756
Trading account assets, at fair value 56,281 35,328
Policy loans 1,161,101 1,166,456
Short-term investments 1,339 36,657
Commercial mortgage and other loans 1,083,419 1,150,381
Other long-term investments 263,074 344,463
Total investments 7,811,638 8,367,590
Cash and cash equivalents 212,569 96,157
Deferred policy acquisition costs 1,376,211 1,341,093
Accrued investment income 82,341 87,322
Reinsurance recoverables 32,555,500 28,674,226
Receivables from parent and affiliates 300,116 213,952
Other assets 465,467 279,222
Separate account assets 129,655,734 116,606,428
TOTAL ASSETS 172,459,576 155,665,990
LIABILITIES    
Policyholders’ account balances 20,036,134 18,894,893
Future policy benefits 18,593,130 16,503,260
Securities sold under agreements to repurchase 0 68,904
Cash collateral for loaned securities 33,169 74,976
Income taxes 32,440 97,400
Payables to parent and affiliates 228,210 73,628
Other liabilities 1,060,123 849,698
Separate account liabilities 129,655,734 116,606,428
Total liabilities 169,638,940 153,169,187
Commitments and Contingent Liabilities
EQUITY    
Common stock ($10 par value; 1,000,000 shares authorized; 250,000 shares issued and outstanding) 2,500 2,500
Additional paid-in capital 1,141,092 986,062
Retained earnings 1,511,698 1,437,266
Accumulated other comprehensive income 165,346 70,975
Total equity 2,820,636 2,496,803
TOTAL LIABILITIES AND EQUITY $ 172,459,576 $ 155,665,990