XML 68 R51.htm IDEA: XBRL DOCUMENT v3.22.0.1
Fair Values of Financial Instruments (Carrying Amounts and Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Fixed maturity securities, available for sale, fair value $ 51,305,943 $ 47,538,893
Derivative instruments 1,277,480 1,310,954
Other investments 1,767,144 590,078
Coinsurance deposits (net of allowance for credit losses of $2,264 as of 2021 and $1,888 as of 2020) 8,850,608 4,844,927
Liabilities    
Policy benefit reserves 65,477,778 62,352,882
Carrying Amount    
Assets    
Fixed maturity securities, available for sale, fair value 51,305,943 47,538,893
Mortgage loans on real estate 5,687,998 4,165,489
Real estate investments 337,939 0
Derivative instruments 1,277,480 1,310,954
Other investments 1,767,144 590,078
Cash and cash equivalents 4,508,982 9,095,522
Coinsurance deposits (net of allowance for credit losses of $2,264 as of 2021 and $1,888 as of 2020) 8,850,608 4,844,927
Liabilities    
Policy benefit reserves 65,076,041 61,406,599
Single premium immediate annuity (SPIA) benefit reserves 226,207 240,226
Notes payable 496,250 495,668
Subordinated debentures 78,421 78,112
Fair Value    
Assets    
Fixed maturity securities, available for sale, fair value 51,305,943 47,538,893
Mortgage loans on real estate 5,867,227 4,327,885
Real estate investments 337,939 0
Derivative instruments 1,277,480 1,310,954
Other investments 1,767,144 590,078
Cash and cash equivalents 4,508,982 9,095,522
Coinsurance deposits (net of allowance for credit losses of $2,264 as of 2021 and $1,888 as of 2020) 7,938,292 4,411,051
Liabilities    
Policy benefit reserves 56,375,076 52,928,174
Single premium immediate annuity (SPIA) benefit reserves 235,891 247,679
Notes payable 569,485 567,345
Subordinated debentures $ 93,721 $ 87,951