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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Fixed maturity securities:    
Available-for-sale at fair value (amortized cost of $20,497,524 and $20,270,734) $ 22,157,182 $ 21,474,136
Mortgage loans on real estate (net of allowances of $8,466 and $10,106) 2,526,228 2,486,680
Policy loans 1,296,897 1,244,469
Funds withheld at interest 5,814,231 5,771,467
Short-term investments 118,789 139,395
Other invested assets 1,234,779 1,324,960
Total investments 33,148,106 32,441,107
Cash and cash equivalents 1,127,132 923,647
Accrued investment income 233,816 267,908
Premiums receivable and other reinsurance balances 1,454,959 1,439,528
Reinsurance ceded receivables 594,794 594,515
Deferred policy acquisition costs 3,450,523 3,517,796
Other assets 532,251 489,972
Total assets 40,541,581 39,674,473
Liabilities and Stockholders’ Equity    
Future policy benefits 11,887,951 11,866,776
Interest-sensitive contract liabilities 12,809,003 12,947,557
Other policy claims and benefits 3,899,004 3,571,761
Other reinsurance balances 283,249 275,138
Deferred income taxes 2,023,588 1,837,577
Other liabilities 638,967 541,035
Short-term Debt 50,000 0
Long-term debt 2,214,526 2,214,350
Collateral finance facility 484,747 484,752
Total liabilities 34,291,035 33,738,946
Commitments and contingent liabilities (See Note 8)      
Stockholders’ Equity:    
Preferred stock - par value $.01 per share, 10,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock - par value $.01 per share, 140,000,000 shares authorized, 79,137,758 shares issued at March 31, 2014 and December 31, 2013 791 791
Additional paid-in-capital 1,782,838 1,777,906
Retained earnings 3,772,776 3,659,938
Treasury stock, at cost - 9,623,749 and 8,369,540 shares (585,358) (508,715)
Accumulated other comprehensive income 1,279,499 1,005,607
Total stockholders’ equity 6,250,546 5,935,527
Total liabilities and stockholders’ equity $ 40,541,581 $ 39,674,473