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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Fixed maturity securities:    
Available for sale, at fair value (amortized cost: 2013 - $26,527,730; 2012 - $21,957,027) $ 26,610,447 $ 24,172,136
Held for investment, at amortized cost (fair value: 2013 - $60,840; 2012 - $61,521) 76,255 76,088
Equity securities, available for sale, at fair value (cost: 2013 - $7,503; 2012 - $44,598) 7,778 53,422
Mortgage loans on real estate 2,581,082 2,623,940
Derivative instruments 856,050 415,258
Other investments 215,042 196,366
Total investments 30,346,654 27,537,210
Cash and cash equivalents 897,529 1,268,545
Coinsurance deposits 2,999,618 2,910,701
Accrued investment income 301,641 261,833
Deferred policy acquisition costs 2,426,652 1,709,799
Deferred sales inducements 1,875,880 1,292,341
Deferred income taxes 301,856 0
Other assets 471,669 153,049
Total assets 39,621,499 35,133,478
Liabilities:    
Policy benefit reserves 35,789,655 31,773,988
Other policy funds and contract claims 418,033 455,752
Notes payable 549,958 309,869
Subordinated debentures 246,050 245,869
Deferred income taxes 0 49,303
Income taxes payable 10,153 4,756
Other liabilities 1,222,963 573,704
Total liabilities 38,236,812 33,413,241
Stockholders' equity:    
Preferred stock, par value $1 per share, 2,000,000 shares authorized, 2013 and 2012 - no shares issued and outstanding 0 0
Common stock, par value $1 per share, 200,000,000 shares authorized; issued and outstanding: 2013 - 70,535,404 shares (excluding 4,876,735 treasury shares); 2012 - 61,750,601 shares (excluding 5,127,379 treasury shares) 70,535 61,751
Additional paid-in capital 550,400 496,715
Unallocated common stock held by ESOP; 2013 - 58,618 shares; 2012 - 239,799 shares (631) (2,583)
Accumulated other comprehensive income 46,196 686,807
Retained earnings 718,187 477,547
Total stockholders' equity 1,384,687 1,720,237
Total liabilities and stockholders' equity $ 39,621,499 $ 35,133,478