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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Fixed Maturity Securities [Abstract]    
Available-for-sale at fair value (amortized cost of $23,105,597 and $20,270,734) $ 25,480,972us-gaap_AvailableForSaleSecuritiesDebtSecurities $ 21,474,136us-gaap_AvailableForSaleSecuritiesDebtSecurities
Mortgage loans on real estate (net of allowances of $6,471 and $10,106) 2,712,238us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet 2,486,680us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
Policy loans 1,284,284us-gaap_LoansInsurancePolicy 1,244,469us-gaap_LoansInsurancePolicy
Funds withheld at interest 5,922,561us-gaap_FundsHeldUnderReinsuranceAgreementsAsset 5,771,467us-gaap_FundsHeldUnderReinsuranceAgreementsAsset
Short-term investments 97,694us-gaap_OtherShortTermInvestments 139,395us-gaap_OtherShortTermInvestments
Other invested assets 1,198,319us-gaap_OtherInvestments 1,324,960us-gaap_OtherInvestments
Total investments 36,696,068us-gaap_Investments 32,441,107us-gaap_Investments
Cash and cash equivalents 1,645,669us-gaap_CashAndCashEquivalentsAtCarryingValue 923,647us-gaap_CashAndCashEquivalentsAtCarryingValue
Accrued investment income 261,096us-gaap_AccruedInvestmentIncomeReceivable 267,908us-gaap_AccruedInvestmentIncomeReceivable
Premiums receivable and other reinsurance balances 1,527,729us-gaap_PremiumsAndOtherReceivablesNet 1,439,528us-gaap_PremiumsAndOtherReceivablesNet
Reinsurance ceded receivables 578,206us-gaap_ReinsuranceRecoverables 594,515us-gaap_ReinsuranceRecoverables
Deferred policy acquisition costs 3,342,575us-gaap_DeferredPolicyAcquisitionCosts 3,517,796us-gaap_DeferredPolicyAcquisitionCosts
Other assets 628,268us-gaap_OtherAssets 489,972us-gaap_OtherAssets
Total assets 44,679,611us-gaap_Assets 39,674,473us-gaap_Assets
Liabilities and Stockholders’ Equity    
Future policy benefits 14,476,637us-gaap_LiabilityForFuturePolicyBenefits 11,866,776us-gaap_LiabilityForFuturePolicyBenefits
Interest-sensitive contract liabilities 12,591,497us-gaap_GuaranteedInterestContracts 12,947,557us-gaap_GuaranteedInterestContracts
Other policy claims and benefits 3,824,069us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet 3,571,761us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
Other reinsurance balances 306,915us-gaap_ReinsurancePayable 275,138us-gaap_ReinsurancePayable
Deferred income taxes 2,365,817us-gaap_DeferredIncomeTaxLiabilities 1,837,577us-gaap_DeferredIncomeTaxLiabilities
Other liabilities 994,230us-gaap_OtherLiabilities 541,035us-gaap_OtherLiabilities
Long-term debt 2,314,293us-gaap_LongTermDebt 2,214,350us-gaap_LongTermDebt
Collateral finance and securitization notes 782,701us-gaap_SecuredDebt 484,752us-gaap_SecuredDebt
Total liabilities 37,656,159us-gaap_Liabilities 33,738,946us-gaap_Liabilities
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) 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock (par value $.01 per share; 140,000,000 shares authorized; shares issued: 79,137,758 at December 31, 2014 and 2013) 791us-gaap_CommonStockValue 791us-gaap_CommonStockValue
Additional paid-in-capital 1,798,279us-gaap_AdditionalPaidInCapitalCommonStock 1,777,906us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 4,239,647us-gaap_RetainedEarningsAccumulatedDeficit 3,659,938us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost - 10,364,797 and 8,369,540 shares (672,394)us-gaap_TreasuryStockValue (508,715)us-gaap_TreasuryStockValue
Accumulated other comprehensive income 1,657,129us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 1,005,607us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 7,023,452us-gaap_StockholdersEquity 5,935,527us-gaap_StockholdersEquity
Total liabilities and stockholders’ equity $ 44,679,611us-gaap_LiabilitiesAndStockholdersEquity $ 39,674,473us-gaap_LiabilitiesAndStockholdersEquity