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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Fixed Maturity Securities [Abstract]    
Available-for-sale at fair value (amortized cost of $30,211,787 and $28,322,977) $ 32,093,625 $ 29,642,905
Mortgage loans on real estate (net of allowances of $7,685 and $6,813) 3,775,522 3,129,951
Policy loans 1,427,602 1,468,796
Funds withheld at interest 5,875,919 5,880,203
Short-term investments 76,710 558,284
Other invested assets 1,591,940 1,298,120
Total investments 44,841,318 41,978,259
Cash and cash equivalents 1,200,718 1,525,275
Accrued investment income 347,173 339,452
Premiums receivable and other reinsurance balances 1,930,755 1,797,504
Reinsurance ceded receivables 683,972 637,859
Deferred policy acquisition costs 3,338,605 3,392,437
Other assets 755,338 712,366
Total assets 53,097,879 50,383,152
Liabilities and Stockholders’ Equity    
Future policy benefits 19,581,573 19,612,251
Interest-sensitive contract liabilities 14,029,354 13,663,873
Other policy claims and benefits 4,263,026 4,094,640
Other reinsurance balances 388,989 296,899
Deferred income taxes 2,770,640 2,218,328
Other liabilities 1,041,880 1,165,071
Long-term debt 3,088,635 2,297,548
Collateral finance and securitization notes 840,700 899,161
Total liabilities 46,004,797 44,247,771
Commitments and contingent liabilities (See Note 12)
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; shares issued: 79,137,758 at December 31, 2016 and 2015) 791 791
Additional paid-in-capital 1,848,611 1,816,142
Retained earnings 5,199,130 4,620,303
Treasury stock, at cost - 14,835,256 and 13,933,232 shares (1,094,779) (1,010,139)
Accumulated other comprehensive income 1,139,329 708,284
Total stockholders’ equity 7,093,082 6,135,381
Total liabilities and stockholders’ equity $ 53,097,879 $ 50,383,152