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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: 2014 - $27,255,625; 2013 - $26,527,730) $ 28,315,473 $ 26,610,447
Held for investment, at amortized cost (fair value: 2014 - $64,920; 2013 - $60,840) 76,298 76,255
Equity securities, available for sale, at fair value (cost: 2014 - $7,505; 2013 - $7,503) 7,767 7,778
Mortgage loans on real estate 2,584,583 2,581,082
Derivative instruments 790,396 856,050
Other investments 213,706 215,042
Total investments 31,988,223 30,346,654
Cash and cash equivalents 679,172 897,529
Coinsurance deposits 3,028,367 2,999,618
Accrued investment income 322,818 301,641
Deferred policy acquisition costs 2,210,694 2,426,652
Deferred sales inducements 1,713,246 1,875,880
Deferred income taxes 189,956 301,856
Other assets 412,020 471,669
Total assets 40,544,496 39,621,499
Liabilities:    
Policy benefit reserves 36,731,438 35,789,655
Other policy funds and contract claims 402,895 418,033
Notes payable 521,758 549,958
Subordinated debentures 246,097 246,050
Income taxes payable 18,062 10,153
Other liabilities 969,297 1,222,963
Total liabilities 38,889,547 38,236,812
Stockholders' equity:    
Preferred stock, par value $1 per share, 2,000,000 shares authorized, 2014 and 2013 - no shares issued and outstanding 0 0
Common stock, par value $1 per share, 200,000,000 shares authorized; issued and outstanding: 2014 - 72,390,229 shares (excluding 4,527,167 treasury shares); 2013 - 70,535,404 shares (excluding 4,876,735 treasury shares) 72,390 70,535
Additional paid-in capital 542,003 550,400
Unallocated common stock held by ESOP; 2014 - 58,618 shares; 2013 - 58,618 shares (313) (631)
Accumulated other comprehensive income 332,435 46,196
Retained earnings 708,434 718,187
Total stockholders' equity 1,654,949 1,384,687
Total liabilities and stockholders' equity $ 40,544,496 $ 39,621,499