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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Fixed maturity securities available-for-sale, at fair value (amortized cost $42,457,618 and $38,882,168) $ 46,189,305 $ 39,992,346
Equity Securities, FV-NI 146,755 82,197
Mortgage loans on real estate (net of allowances of $11,692 and $11,286) 5,405,422 4,966,298
Policy loans 1,319,722 1,344,980
Funds withheld at interest 5,696,217 5,761,471
Short-term investments 158,788 142,598
Other invested assets 2,121,406 1,915,297
Total investments 61,037,615 54,205,187
Cash and cash equivalents 2,287,526 1,889,733
Accrued investment income 470,074 427,893
Premiums receivable and other reinsurance balances 2,944,820 3,017,868
Reinsurance ceded receivables 851,380 757,572
Deferred policy acquisition costs 3,440,339 3,397,770
Other assets 1,012,062 839,222
Total assets 72,043,816 64,535,245
Liabilities and Stockholders’ Equity    
Future policy benefits 26,995,770 25,285,400
Interest-sensitive contract liabilities 19,748,683 18,004,526
Other policy claims and benefits 6,136,374 5,642,755
Other reinsurance balances 512,924 487,177
Deferred income taxes 2,443,429 1,798,800
Other liabilities 1,480,914 1,396,200
Long-term debt 3,381,411 2,787,873
Collateral finance and securitization notes 635,300 681,961
Total liabilities 61,334,805 56,084,692
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 June 30, 2019 and December 31, 2018 791 791
Additional paid-in capital 1,920,144 1,898,652
Retained earnings 7,549,737 7,284,949
Treasury stock, at cost - 16,379,267 and 16,323,390 shares (1,403,774) (1,370,602)
Accumulated other comprehensive income 2,642,113 636,763
Total stockholders’ equity 10,709,011 8,450,553
Total liabilities and stockholders’ equity $ 72,043,816 $ 64,535,245