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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Fixed maturity securities:    
Available for sale, at fair value (amortized cost: 2014 - $27,540,945; 2013 - $26,527,730) $ 29,317,572 $ 26,610,447
Held for investment, at amortized cost (fair value: 2014 - $66,571; 2013 - $60,840) 76,342 76,255
Equity securities, available for sale, at fair value (cost: 2014 - $7,506; 2013 - $7,503) 7,762 7,778
Mortgage loans on real estate 2,543,810 2,581,082
Derivative instruments 905,688 856,050
Other investments 221,459 215,042
Total investments 33,072,633 30,346,654
Cash and cash equivalents 1,464,533 897,529
Coinsurance deposits 3,085,340 2,999,618
Accrued investment income 304,041 301,641
Deferred policy acquisition costs 2,040,084 2,426,652
Deferred sales inducements 1,578,621 1,875,880
Deferred income taxes 73,564 301,856
Income taxes recoverable 26,934 0
Other assets 357,946 471,669
Total assets 42,003,696 39,621,499
Liabilities:    
Policy benefit reserves 37,876,044 35,789,655
Other policy funds and contract claims 391,979 418,033
Notes payable 474,361 549,958
Subordinated debentures 246,145 246,050
Income taxes payable 0 10,153
Other liabilities 1,101,357 1,222,963
Total liabilities 40,089,886 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 - 74,088,743 shares (excluding 4,527,167 treasury shares); 2013 - 70,535,404 shares (excluding 4,876,735 treasury shares) 74,089 70,535
Additional paid-in capital 538,472 550,400
Unallocated common stock held by ESOP; 2013 - 58,618 shares 0 (631)
Accumulated other comprehensive income 556,071 46,196
Retained earnings 745,178 718,187
Total stockholders' equity 1,913,810 1,384,687
Total liabilities and stockholders' equity $ 42,003,696 $ 39,621,499