CNO Financial Group, Inc(NYSE:CNO)

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care...
Website: http://www.cnoinc.com
Founded: 1979
Full Time Employees: 3,300
Sector: Financial Services
Industry: Insurance-Life
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| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 |
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revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance policy income | 673,400,000 | 662,200,000 | 658,400,000 | 651,300,000 | 650,700,000 | 643,600,000 | 645,000,000 | 641,500,000 | 628,400,000 | 625,700,000 | 626,000,000 | 628,300,000 | 625,500,000 | 626,000,000 | 623,200,000 | 625,600,000 | 625,000,000 | 629,900,000 | 630,600,000 | 630,500,000 | 632,400,000 | 629,000,000 | 628,300,000 | 625,300,000 | 628,700,000 | 620,000,000 | 618,300,000 | 619,300,000 | 656,900,000 | 659,800,000 | 659,900,000 | 659,300,000 | 664,100,000 | 663,800,000 | 654,100,000 | 649,000,000 | 653,600,000 | 644,400,000 | 640,600,000 | 640,100,000 | 636,500,000 | 632,100,000 | 679,000,000 | 685,900,000 | 676,100,000 | 686,100,000 | 691,300,000 | 691,200,000 | 684,100,000 | 690,200,000 | 694,800,000 | 686,300,000 | 670,200,000 | 673,500,000 | 679,600,000 | 667,200,000 | 663,000,000 | 674,500,000 | 667,900,000 | 664,600,000 | 747,500,000 | 772,000,000 |
net investment income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general account assets | 395,000,000 | 406,100,000 | 382,900,000 | 378,300,000 | 375,100,000 | 399,500,000 | 366,300,000 | 351,700,000 | 301,900,000 | 325,100,000 | 324,800,000 | 308,100,000 | 292,200,000 | 294,800,000 | 289,000,000 | 317,700,000 | 277,500,000 | 285,900,000 | 289,500,000 | 282,100,000 | 282,700,000 | 290,100,000 | 276,900,000 | 231,700,000 | 280,300,000 | 275,900,000 | 286,700,000 | 270,600,000 | 332,000,000 | 328,200,000 | 329,100,000 | 325,900,000 | 322,400,000 | 312,000,000 | 315,600,000 | 301,700,000 | 295,800,000 | 291,000,000 | 298,200,000 | 302,100,000 | 300,100,000 | 300,100,000 | 347,400,000 | 348,100,000 | 354,400,000 | 350,700,000 | 348,800,000 | 351,900,000 | 352,800,000 | 349,400,000 | 351,100,000 | 345,200,000 | 344,200,000 | 338,200,000 | 342,200,000 | 336,100,000 | 332,200,000 | 326,500,000 | 321,100,000 | 315,400,000 | 308,900,000 | 306,800,000 |
policyholder and other special-purpose portfolios | -64,900,000 | 22,400,000 | 116,800,000 | 105,400,000 | -63,600,000 | 17,100,000 | 87,600,000 | 57,400,000 | 167,300,000 | 140,100,000 | -33,000,000 | 91,600,000 | 50,800,000 | 20,900,000 | -20,900,000 | -93,800,000 | -69,300,000 | 109,200,000 | 18,700,000 | 97,100,000 | 55,500,000 | 100,500,000 | 66,600,000 | 87,100,000 | -110,700,000 | 23,600,000 | 47,800,000 | 85,200,000 | 85,800,000 | 35,700,000 | 12,800,000 | 52,700,000 | 43,900,000 | 75,200,000 | 20,675,000 | 43,100,000 | 27,900,000 | 11,700,000 | ||||||||||||||||||||||||
investment losses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment losses | -7,800,000 | -21,600,000 | -12,900,000 | -21,300,000 | -3,800,000 | -26,200,000 | -13,100,000 | -26,300,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other investment losses | -14,900,000 | -5,300,000 | -7,700,000 | -13,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investment losses | -22,700,000 | -18,400,000 | -17,200,000 | -19,800,000 | -29,300,000 | -35,300,000 | -14,600,000 | -32,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
fee revenue and other income | 48,800,000 | 78,900,000 | 33,600,000 | 34,900,000 | 48,700,000 | 78,700,000 | 29,500,000 | 32,800,000 | 51,100,000 | 69,400,000 | 59,000,000 | 30,100,000 | 52,100,000 | 68,100,000 | 31,700,000 | 54,300,000 | 42,400,000 | 56,900,000 | 31,800,000 | 32,100,000 | 38,200,000 | 37,400,000 | 25,400,000 | 26,300,000 | 34,400,000 | 22,200,000 | 21,700,000 | 31,800,000 | 11,900,000 | 11,600,000 | 21,200,000 | 12,200,000 | 11,500,000 | 11,800,000 | 11,800,000 | 10,500,000 | 14,000,000 | 14,200,000 | 12,900,000 | 15,600,000 | 16,200,000 | 16,000,000 | 7,000,000 | 6,400,000 | 13,000,000 | 8,100,000 | 6,400,000 | 6,500,000 | 6,200,000 | 5,200,000 | 4,500,000 | 3,900,000 | 5,700,000 | 4,900,000 | 4,200,000 | 3,400,000 | 5,100,000 | 4,600,000 | 3,600,000 | 3,500,000 | 5,400,000 | 4,100,000 |
total revenues | 1,029,600,000 | 1,143,100,000 | 1,188,700,000 | 1,151,500,000 | 1,004,100,000 | 1,097,200,000 | 1,129,600,000 | 1,066,200,000 | 1,156,500,000 | 1,170,500,000 | 947,500,000 | 1,022,800,000 | 1,006,000,000 | 973,600,000 | 905,300,000 | 855,000,000 | 842,900,000 | 1,074,800,000 | 968,300,000 | 1,073,100,000 | 1,006,000,000 | 1,076,200,000 | 1,013,500,000 | 1,014,200,000 | 717,200,000 | 944,000,000 | 979,800,000 | 1,023,000,000 | 1,481,200,000 | 1,046,300,000 | 1,007,800,000 | 1,079,300,000 | 1,057,100,000 | 1,070,700,000 | 1,004,900,000 | 1,015,900,000 | 1,003,900,000 | 960,400,000 | 904,500,000 | 959,500,000 | 978,300,000 | 967,000,000 | 1,093,000,000 | 1,084,700,000 | 1,158,200,000 | 1,093,800,000 | 1,081,500,000 | 1,142,600,000 | 1,060,800,000 | 1,093,000,000 | 1,065,000,000 | 1,123,900,000 | 1,051,100,000 | 992,300,000 | 1,032,000,000 | 1,049,200,000 | 1,075,800,000 | 1,052,500,000 | 953,200,000 | 1,002,400,000 | 1,057,700,000 | 1,118,600,000 |
yoy | 2.54% | 4.18% | 5.23% | 8.00% | -13.18% | -6.26% | 19.22% | 4.24% | 14.96% | 20.22% | 4.66% | 19.63% | 19.35% | -9.42% | -6.51% | -20.32% | -16.21% | -0.13% | -4.46% | 5.81% | 40.27% | 14.00% | 3.44% | -0.86% | -51.58% | -9.78% | -2.78% | -5.22% | 40.12% | -2.28% | 0.29% | 6.24% | 5.30% | 11.48% | 11.10% | 5.88% | 2.62% | -0.68% | -17.25% | -11.54% | -15.53% | -11.59% | 1.06% | -5.07% | 9.18% | 0.07% | 1.55% | 1.66% | 0.92% | 10.15% | 3.20% | 7.12% | -2.30% | -5.72% | 8.27% | 4.67% | 1.71% | -5.91% | ||||
qoq | -9.93% | -3.84% | 3.23% | 14.68% | -8.49% | -2.87% | 5.95% | -7.81% | -1.20% | 23.54% | -7.36% | 1.67% | 3.33% | 7.54% | 5.88% | 1.44% | -21.58% | 11.00% | -9.77% | 6.67% | -6.52% | 6.19% | -0.07% | 41.41% | -24.03% | -3.65% | -4.22% | -30.93% | 41.57% | 3.82% | -6.62% | 2.10% | -1.27% | 6.55% | -1.08% | 1.20% | 4.53% | 6.18% | -5.73% | -1.92% | 1.17% | -11.53% | 0.77% | -6.35% | 5.89% | 1.14% | -5.35% | 7.71% | -2.95% | 2.63% | -5.24% | 6.93% | 5.93% | -3.85% | -1.64% | -2.47% | 2.21% | 10.42% | -4.91% | -5.23% | -5.44% | |
benefits and expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance policy benefits | 576,600,000 | 617,700,000 | 702,100,000 | 658,400,000 | 580,100,000 | 545,500,000 | 726,200,000 | 568,800,000 | 631,400,000 | 743,500,000 | 399,100,000 | 565,900,000 | 609,700,000 | 559,200,000 | 412,200,000 | 340,200,000 | 346,700,000 | 549,400,000 | 524,800,000 | 657,400,000 | 459,100,000 | 566,100,000 | 560,700,000 | 540,300,000 | 490,800,000 | 582,800,000 | 610,400,000 | 623,500,000 | 646,900,000 | 618,200,000 | 586,600,000 | 638,100,000 | 634,200,000 | 669,300,000 | 529,300,000 | 609,800,000 | 632,400,000 | 619,000,000 | 582,100,000 | 568,300,000 | 606,000,000 | 565,500,000 | 691,100,000 | 690,300,000 | 710,200,000 | 702,200,000 | 673,200,000 | 754,100,000 | 639,500,000 | 745,700,000 | 689,700,000 | 689,000,000 | 670,400,000 | 661,000,000 | 684,400,000 | 683,200,000 | 673,700,000 | 700,000,000 | 651,000,000 | 699,000,000 | 749,400,000 | 782,700,000 |
liability for future policy benefits remeasurement gain | -6,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of market risk benefits | 10,700,000 | -4,400,000 | -12,400,000 | -10,900,000 | 15,300,000 | -30,500,000 | -16,100,000 | -200,000 | -13,700,000 | 15,300,000 | -33,800,000 | -17,600,000 | 14,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 50,900,000 | 53,200,000 | 56,600,000 | 59,100,000 | 62,000,000 | 62,000,000 | 68,000,000 | 64,200,000 | 60,200,000 | 63,700,000 | 62,600,000 | 57,600,000 | 54,700,000 | 47,800,000 | 37,600,000 | 27,800,000 | 23,800,000 | 23,600,000 | 23,700,000 | 24,000,000 | 24,100,000 | 23,300,000 | 23,700,000 | 28,400,000 | 33,400,000 | 37,500,000 | 38,600,000 | 41,000,000 | 38,800,000 | 37,700,000 | 33,600,000 | 30,100,000 | 31,400,000 | 30,800,000 | 30,400,000 | 29,400,000 | 28,900,000 | 27,700,000 | 23,900,000 | 25,300,000 | 21,500,000 | 21,900,000 | 24,300,000 | 24,600,000 | 25,300,000 | 25,800,000 | 26,900,000 | 27,300,000 | 27,900,000 | 29,200,000 | 28,700,000 | 28,800,000 | 28,100,000 | 27,900,000 | 28,900,000 | 29,200,000 | 28,600,000 | 28,400,000 | 28,700,000 | 27,500,000 | 30,100,000 | 31,900,000 |
amortization of deferred acquisition costs and present value of future profits | 74,200,000 | 72,100,000 | 69,900,000 | 68,600,000 | 67,400,000 | 65,300,000 | 64,000,000 | 61,400,000 | 60,500,000 | 58,900,000 | 57,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of borrowings related to variable interest entities | -1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating costs and expenses | 275,300,000 | 302,800,000 | 270,400,000 | 271,100,000 | 275,300,000 | 256,400,000 | 269,200,000 | 251,400,000 | 278,300,000 | 273,000,000 | 247,100,000 | 256,500,000 | 271,700,000 | 281,100,000 | 230,800,000 | 223,500,000 | 219,200,000 | 272,800,000 | 233,900,000 | 247,500,000 | 233,100,000 | 267,400,000 | 209,200,000 | 251,600,000 | 213,800,000 | 218,600,000 | 229,600,000 | 234,700,000 | 205,300,000 | 195,800,000 | 207,600,000 | 217,500,000 | 203,400,000 | 210,400,000 | 192,800,000 | 187,300,000 | 205,100,000 | 211,100,000 | 190,300,000 | 182,200,000 | 197,900,000 | 191,500,000 | 201,500,000 | 194,100,000 | 206,800,000 | 190,000,000 | 179,800,000 | 189,600,000 | 201,500,000 | 217,500,000 | 173,300,000 | 227,000,000 | 129,400,000 | 127,600,000 | 124,400,000 | 115,100,000 | 132,100,000 | 128,200,000 | 124,200,000 | 118,400,000 | 151,000,000 | 126,600,000 |
total benefits and expenses | 981,200,000 | 1,031,700,000 | 1,152,500,000 | 1,033,500,000 | 986,400,000 | 886,700,000 | 1,118,600,000 | 915,600,000 | 1,010,300,000 | 1,124,400,000 | 731,900,000 | 926,700,000 | 1,007,000,000 | 918,200,000 | 768,100,000 | 679,600,000 | 693,600,000 | 926,700,000 | 840,300,000 | 971,500,000 | 816,000,000 | 932,700,000 | 847,100,000 | 908,800,000 | 788,200,000 | 890,500,000 | 932,100,000 | 957,400,000 | 2,021,000,000 | 916,500,000 | 899,700,000 | 949,400,000 | 928,600,000 | 974,000,000 | 824,200,000 | 966,600,000 | 921,200,000 | 919,900,000 | 852,100,000 | 886,800,000 | 896,000,000 | 812,600,000 | 978,600,000 | 1,254,300,000 | 1,117,100,000 | 979,400,000 | 966,800,000 | 1,108,000,000 | 943,100,000 | 1,251,800,000 | 960,500,000 | 1,031,600,000 | 935,200,000 | 904,800,000 | 939,800,000 | 965,600,000 | 964,500,000 | 975,200,000 | 901,400,000 | 949,300,000 | 1,040,000,000 | 1,054,500,000 |
income before income taxes | 48,400,000 | 111,400,000 | 36,200,000 | 118,000,000 | 17,700,000 | 210,500,000 | 11,000,000 | 150,600,000 | 146,200,000 | 46,100,000 | 215,600,000 | 96,100,000 | -1,000,000 | 55,400,000 | 137,200,000 | 175,400,000 | 149,300,000 | 148,100,000 | 128,000,000 | 101,600,000 | 190,000,000 | 143,500,000 | 166,400,000 | 105,400,000 | -71,000,000 | 53,500,000 | 47,700,000 | 65,600,000 | -539,800,000 | 129,800,000 | 108,100,000 | 129,900,000 | 128,500,000 | 96,700,000 | 180,700,000 | 49,300,000 | 82,700,000 | 40,500,000 | 52,400,000 | 72,700,000 | 82,300,000 | 154,400,000 | 114,400,000 | -169,600,000 | 41,100,000 | 114,400,000 | 114,700,000 | 34,600,000 | 117,700,000 | -158,800,000 | 104,500,000 | 92,300,000 | 115,900,000 | 87,500,000 | 92,200,000 | 83,600,000 | 45,550,000 | 77,300,000 | 51,800,000 | 53,100,000 | ||
income tax expense | 10,700,000 | 18,500,000 | 13,100,000 | 26,200,000 | 4,000,000 | 44,400,000 | 1,700,000 | 34,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 37,700,000 | 92,900,000 | 23,100,000 | 91,800,000 | 13,700,000 | 166,100,000 | 9,300,000 | 116,300,000 | 112,300,000 | 36,300,000 | 167,300,000 | 73,700,000 | -800,000 | 43,400,000 | 105,000,000 | 136,100,000 | 112,300,000 | 115,800,000 | 99,800,000 | 78,000,000 | 147,400,000 | 111,800,000 | 129,200,000 | 82,000,000 | -21,200,000 | 42,000,000 | 37,600,000 | 51,800,000 | -529,800,000 | 102,200,000 | 84,300,000 | 100,800,000 | 83,400,000 | 62,300,000 | 234,200,000 | 18,600,000 | 59,900,000 | 45,500,000 | 33,800,000 | 46,800,000 | 52,800,000 | 117,400,000 | 78,100,000 | -228,000,000 | 106,000,000 | 283,000,000 | 77,100,000 | 11,900,000 | 101,200,000 | -5,000,000 | 65,700,000 | 59,100,000 | 73,100,000 | 196,000,000 | 59,500,000 | 53,900,000 | 168,200,000 | 49,400,000 | 33,100,000 | 33,900,000 | 18,200,000 | 15,400,000 |
yoy | 175.18% | -44.07% | 148.39% | -21.07% | -87.80% | 357.58% | -94.44% | 57.80% | -14137.50% | -16.36% | 59.33% | -45.85% | -100.71% | -62.52% | 5.21% | 74.49% | -23.81% | 3.58% | -22.76% | -4.88% | -795.28% | 166.19% | 243.62% | 58.30% | -96.00% | -58.90% | -55.40% | -48.61% | -735.25% | 64.04% | -64.01% | 441.94% | 39.23% | 36.92% | 592.90% | -60.26% | 13.45% | -61.24% | -56.72% | -120.53% | -50.19% | -58.52% | 1.30% | -2015.97% | 4.74% | -5760.00% | 17.35% | -79.86% | 38.44% | -102.55% | 10.42% | 9.65% | -56.54% | 296.76% | 79.76% | 59.00% | 824.18% | 220.78% | ||||
qoq | -59.42% | 302.16% | -74.84% | 570.07% | -91.75% | 1686.02% | -92.00% | 3.56% | 209.37% | -78.30% | 127.00% | -9312.50% | -101.84% | -58.67% | -22.85% | 21.19% | -3.02% | 16.03% | 27.95% | -47.08% | 31.84% | -13.47% | 57.56% | -486.79% | -150.48% | 11.70% | -27.41% | -109.78% | -618.40% | 21.23% | -16.37% | 20.86% | 33.87% | -73.40% | 1159.14% | -68.95% | 31.65% | 34.62% | -27.78% | -11.36% | -55.03% | 50.32% | -134.25% | -315.09% | -62.54% | 267.06% | 547.90% | -88.24% | -2124.00% | -107.61% | 11.17% | -19.15% | -62.70% | 229.41% | 10.39% | -67.95% | 240.49% | 49.24% | -2.36% | 86.26% | 18.18% | |
net income margin % | 3.66% | 8.13% | 1.94% | 7.97% | 1.36% | 15.14% | 0.82% | 10.91% | 9.71% | 3.10% | 17.66% | 7.21% | -0.08% | 4.46% | 11.60% | 15.92% | 13.32% | 10.77% | 10.31% | 7.27% | 14.65% | 10.39% | 12.75% | 8.09% | -2.96% | 4.45% | 3.84% | 5.06% | -35.77% | 9.77% | 8.36% | 9.34% | 7.89% | 5.82% | 23.31% | 1.83% | 5.97% | 4.74% | 3.74% | 4.88% | 5.40% | 12.14% | 7.15% | -21.02% | 9.15% | 25.87% | 7.13% | 1.04% | 9.54% | -0.46% | 6.17% | 5.26% | 6.95% | 19.75% | 5.77% | 5.14% | 15.63% | 4.69% | 3.47% | 3.38% | 1.72% | 1.38% |
earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding | 94,078,000,000,000 | 97,763,000,000,000 | 96,603,000,000,000 | 98,572,000,000,000 | 100,743,000,000,000 | 106,144,000,000,000 | 105,101,000,000,000 | 107,731,000,000,000 | 108,964,000,000,000 | 113,275,000,000,000 | 112,689,000,000,000 | 114,273,000,000,000 | 114,545,000,000,000 | 115,733,000,000,000 | 114,354,000,000,000 | 115,533,000,000,000 | 118,622,000,000,000 | 128,400,000,000,000 | 126,429,000,000,000 | 131,016,000,000,000 | 134,140,000,000,000 | 142,096,000,000,000 | 140,900,000,000,000 | 143,421,000,000,000 | 145,829,000,000,000 | 154,257,000,000,000 | 158,816,000,000,000 | 160,948,000,000,000 | 164,551,000,000,000 | 166,098,000,000,000 | 167,060,000,000,000 | 168,684,000,000,000 | 170,556,000,000,000 | 173,431,000,000,000 | 176,638,000,000,000 | 174,247,000,000,000 | 178,323,000,000,000 | 180,350,000,000,000 | 190,260,000,000,000 | 195,857,000,000,000 | 200,491,000,000,000 | 210,525,000,000,000 | 216,538,000,000,000 | 220,307,000,000,000 | 221,628,000,000,000 | 222,876,000,000,000 | 220,498,000,000,000 | 222,081,000,000,000 | 233,685,000,000,000 | 231,481,000,000,000 | 237,289,000,000,000 | 240,895,000,000,000 | 247,952,000,000,000 | 246,965,000,000,000 | 250,933,000,000,000 | 251,121,000,000,000 | 250,973,000,000,000 | 251,045,000,000,000 | 250,994,000,000,000 | 250,788,000,000,000 | 188,365,000,000,000 | 184,886,000,000,000 |
diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment gains: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investment gains | -4,900,000 | 9,900,000 | 2,900,000 | -3,000,000 | -15,500,000 | 14,300,000 | 9,100,000 | 17,800,000 | -14,700,000 | -9,500,000 | -41,800,000 | -51,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total investment gains | -7,050,000 | -3,000,000 | -6,800,000 | -2,050,000 | 1,200,000 | 7,800,000 | -36,200,000 | -17,700,000 | -48,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
liability for future policy benefits remeasurement loss | -14,900,000 | -30,800,000 | -12,800,000 | -12,200,000 | -12,000,000 | 7,300,000 | -30,000,000 | -6,400,000 | -30,000,000 | -100,000 | 8,300,000 | 600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other asset impairment | 5,200,000 | 96,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense on period income | 33,900,000 | 17,625,000 | 48,300,000 | 22,400,000 | -200,000 | 27,125,000 | 32,200,000 | 39,300,000 | 37,000,000 | 10,100,000 | 13,800,000 | 27,600,000 | 23,800,000 | 42,600,000 | 33,200,000 | 38,800,000 | 33,200,000 | |||||||||||||||||||||||||||||||||||||||||||||
realized investment gains | -11,300,000 | -21,600,000 | -21,800,000 | -14,600,000 | -21,500,000 | -8,200,000 | -7,000,000 | 18,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization | 56,000,000 | 55,500,000 | 30,100,000 | 87,500,000 | 88,100,000 | 103,900,000 | 80,900,000 | 57,900,000 | 42,600,000 | 99,700,000 | 75,900,000 | 53,500,000 | 88,500,000 | 50,200,000 | 51,600,000 | 46,200,000 | 58,200,000 | 62,400,000 | 61,000,000 | 71,900,000 | 58,200,000 | 59,600,000 | 63,500,000 | 71,700,000 | 64,700,000 | 54,800,000 | 62,100,000 | 55,800,000 | 73,700,000 | 66,100,000 | 65,800,000 | 64,900,000 | 66,700,000 | 76,400,000 | 61,400,000 | 79,200,000 | 79,300,000 | 73,200,000 | 60,900,000 | 68,300,000 | 86,600,000 | 107,000,000 | 87,200,000 | 101,500,000 | 136,700,000 | 126,000,000 | 118,600,000 | 96,600,000 | 102,600,000 | 96,800,000 | 113,300,000 | |||||||||||
investment gains | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment gains | 3,075,000 | -900,000 | 25,600,000 | -12,400,000 | -6,000,000 | 8,200,000 | 27,900,000 | -60,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in allowance for credit losses and other-than-temporary impairment losses | 3,475,000 | -1,400,000 | 5,700,000 | 9,600,000 | 12,900,000 | 8,100,000 | 15,900,000 | -55,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total realized gains | 6,550,000 | -2,300,000 | 31,300,000 | -2,800,000 | 19,200,000 | 16,300,000 | 43,800,000 | -115,500,000 | 2,300,000 | 5,300,000 | 16,100,000 | 394,600,000 | 11,000,000 | -15,200,000 | 29,200,000 | 15,200,000 | 7,900,000 | -15,000,000 | 11,600,000 | 12,600,000 | -900,000 | -19,600,000 | -10,100,000 | 8,900,000 | 4,000,000 | 12,400,000 | 23,400,000 | 15,000,000 | -100,000 | 3,200,000 | 15,300,000 | 17,200,000 | 9,100,000 | 31,900,000 | 22,900,000 | 23,200,000 | 30,600,000 | 2,900,000 | 5,100,000 | 48,200,000 | 3,600,000 | -16,700,000 | -4,900,000 | -17,000,000 | -20,300,000 | |||||||||||||||||
income tax benefit: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax expense on period income | 32,300,000 | 28,200,000 | 23,600,000 | 11,200,000 | 37,200,000 | 23,400,000 | -15,800,000 | -114,800,000 | 44,100,000 | 45,100,000 | 34,400,000 | 66,100,000 | 16,900,000 | 29,800,000 | 15,000,000 | 18,600,000 | 25,900,000 | 29,500,000 | 53,800,000 | 40,300,000 | 39,000,000 | 42,800,000 | 34,500,000 | 32,700,000 | 29,700,000 | 38,100,000 | 27,900,000 | 18,700,000 | 19,200,000 | 13,675,000 | 22,000,000 | |||||||||||||||||||||||||||||||
valuation allowance for deferred tax assets and other tax items | -34,000,000 | 104,800,000 | -15,000,000 | -119,600,000 | 13,800,000 | -16,800,000 | -4,000,000 | 19,400,000 | -79,300,000 | -206,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment gains: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit on period income | 42,600,000 | 11,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 7,300,000 | 7,700,000 | 57,700,000 | 1,000,000 | 198,500,000 | 500,000 | 200,000 | 775,000 | 1,100,000 | 600,000 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net realized gains on the transfer of assets related to reinsurance transaction | 363,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other net realized investment gains, excluding impairment losses | 5,700,000 | 33,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses recognized | -3,400,000 | -2,200,000 | -8,400,000 | -13,600,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss related to reinsurance transaction | 1,067,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of borrowings related to variable interest entities | 3,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment gains, excluding impairment losses | 5,300,000 | 18,300,000 | 11,000,000 | -15,200,000 | 34,500,000 | 24,000,000 | 16,300,000 | -7,500,000 | 12,800,000 | 33,500,000 | 9,100,000 | -7,200,000 | -2,200,000 | -1,100,000 | 6,800,000 | 12,400,000 | 35,300,000 | 23,100,000 | 2,800,000 | 3,800,000 | 15,300,000 | 20,500,000 | 32,200,000 | 35,400,000 | 30,800,000 | 31,500,000 | 33,500,000 | 13,000,000 | 18,400,000 | 125,300,000 | 28,100,000 | 11,200,000 | 15,400,000 | 14,100,000 | 15,400,000 | |||||||||||||||||||||||||||
other-than-temporary impairments: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other-than-temporary impairment losses | -2,100,000 | -4,700,000 | -4,200,000 | -11,100,000 | -1,200,000 | -15,400,000 | -2,800,000 | -11,900,000 | -8,100,000 | -2,900,000 | -600,000 | -3,300,000 | -23,100,000 | -3,500,000 | -7,900,000 | -13,600,000 | -2,900,000 | -10,100,000 | -13,300,000 | -77,000,000 | -22,800,000 | -29,300,000 | -17,700,000 | -60,800,000 | -162,400,000 | |||||||||||||||||||||||||||||||||||||
portion of other-than-temporary impairment losses recognized in accumulated other comprehensive income | -900,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net impairment losses recognized | -2,100,000 | -4,700,000 | -5,100,000 | -7,500,000 | -1,200,000 | -12,400,000 | -7,900,000 | -1,300,000 | -2,800,000 | -11,900,000 | -8,100,000 | -2,900,000 | -600,000 | -3,300,000 | -23,100,000 | -3,500,000 | -7,900,000 | -8,300,000 | -2,900,000 | -10,100,000 | -13,300,000 | -77,100,000 | -24,500,000 | -27,900,000 | -20,300,000 | -31,100,000 | -35,700,000 | |||||||||||||||||||||||||||||||||||
loss on dissolution of variable interest entities | -600,000 | -3,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on dissolution of a variable interest entity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on reinsurance transaction | 18,850,000 | 75,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of borrowings related to a variable interest entity | 5,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
valuation allowance for deferred tax assets | -7,000,000 | -20,000,000 | -5,000,000 | -10,500,000 | -5,900,000 | 26,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dissolution of variable interest entities | -7,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transition expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dissolution of a variable interest entity | 11,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policyholder and reinsurer accounts and other special-purpose portfolios | -27,600,000 | 11,800,000 | 16,600,000 | 14,800,000 | 47,200,000 | 20,900,000 | 99,700,000 | 49,000,000 | 31,800,000 | 77,700,000 | 500,000 | 39,100,000 | -17,300,000 | 65,600,000 | 7,800,000 | -54,900,000 | 3,100,000 | 37,400,000 | 27,300,000 | 43,300,000 | ||||||||||||||||||||||||||||||||||||||||||
loss on sale of subsidiary, gain on reinsurance transactions and transition expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment or modification of debt | 32,800,000 | 600,000 | 675,000 | 900,000 | 1,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of subsidiary, gain on reinsurance transaction and transition expenses | 4,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of subsidiary and transition expenses | 4,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairment losses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on sale of subsidiary and gain on reinsurance transactions | -32,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of subsidiary | 278,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain related to reinsurance transaction | -3,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit on period income | 28,475,000 | 38,100,000 | 15,300,000 | -10,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in valuation allowance for deferred tax assets | -35,750,000 | -143,000,000 | -35,750,000 | -143,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in other-than-temporary impairment losses recognized in accumulated other comprehensive income | -100,000 | -1,700,000 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policyholder and reinsurer accounts and other special- purpose portfolios | -22,700,000 | 23,800,000 | 12,900,000 | 56,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in other-than-temporary impairment losses recognized in accumulated other comprehensive loss | -2,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairment losses recognized in other comprehensive loss | 29,700,000 | 126,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses related to debt modification | 2,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and discontinued operations | 17,700,000 | 64,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before discontinued operations | 18,200,000 | 15,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations, net of income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2021-01-01 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2010-01-01 | 2009-12-31 | 2009-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
investments: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, available for sale, at fair value | 23,881,100,000 | 23,886,800,000 | 23,405,300,000 | 23,047,000,000 | 23,283,000,000 | 22,840,500,000 | 23,724,700,000 | 22,617,900,000 | 21,648,100,000 | 21,506,200,000 | 20,305,200,000 | 20,959,700,000 | 21,107,100,000 | 20,353,400,000 | 20,301,100,000 | 21,362,700,000 | 23,479,400,000 | 24,805,400,000 | 24,142,000,000 | 23,806,600,000 | 22,610,400,000 | 22,702,900,000 | 22,167,900,000 | 20,379,100,000 | 21,089,200,000 | 20,437,200,000 | 19,468,400,000 | 18,512,400,000 | 22,080,900,000 | 22,375,500,000 | 22,129,900,000 | 22,071,400,000 | 21,378,400,000 | 21,822,200,000 | 20,989,800,000 | 20,105,100,000 | 20,144,500,000 | 20,224,800,000 | 21,058,400,000 | 20,610,500,000 | 20,533,600,000 | 20,143,800,000 | 23,178,300,000 | 23,497,700,000 | 23,623,000,000 | 24,894,500,000 | 24,614,100,000 | 24,742,300,000 | 24,276,600,000 | 23,777,700,000 | 23,516,000,000 | 23,016,700,000 | 21,622,900,000 | |||||
equity securities at fair value | 332,800,000 | 389,200,000 | 377,200,000 | 387,400,000 | 349,100,000 | 162,000,000 | 120,500,000 | 117,700,000 | 118,400,000 | 96,900,000 | 95,500,000 | 96,400,000 | 106,100,000 | 135,300,000 | 135,800,000 | 136,900,000 | 91,000,000 | 131,100,000 | 146,400,000 | 149,300,000 | 164,400,000 | 62,100,000 | 60,500,000 | 50,100,000 | 39,300,000 | 38,800,000 | 40,800,000 | 335,500,000 | 366,100,000 | 498,700,000 | 713,300,000 | 622,600,000 | 587,800,000 | 331,300,000 | 541,200,000 | 610,700,000 | 437,300,000 | 433,300,000 | 427,800,000 | 372,800,000 | 287,500,000 | 277,600,000 | 249,300,000 | 262,000,000 | 241,300,000 | 216,900,000 | 171,400,000 | 180,000,000 | 187,300,000 | 176,500,000 | 175,100,000 | 164,300,000 | 129,600,000 | 30,700,000 | ||||
mortgage loans | 3,347,800,000 | 3,256,800,000 | 3,042,700,000 | 2,834,300,000 | 2,601,200,000 | 2,506,300,000 | 2,372,700,000 | 2,176,000,000 | 2,087,100,000 | 2,064,100,000 | 1,971,300,000 | 1,825,900,000 | 1,676,100,000 | 1,411,900,000 | 1,227,300,000 | 1,215,300,000 | 1,213,300,000 | 1,218,600,000 | 1,211,000,000 | 1,276,900,000 | 1,297,700,000 | 1,444,900,000 | 1,459,900,000 | 1,484,100,000 | 1,561,700,000 | 1,596,500,000 | 1,626,100,000 | 1,680,600,000 | 1,649,400,000 | 1,601,200,000 | 1,667,800,000 | 1,734,700,000 | 1,788,500,000 | 1,749,500,000 | 1,732,900,000 | 1,700,800,000 | 1,712,600,000 | 1,665,500,000 | 1,699,700,000 | 1,621,800,000 | 1,595,900,000 | 1,501,700,000 | 1,729,500,000 | 1,635,100,000 | 1,692,200,000 | 1,639,800,000 | 1,573,200,000 | 1,597,200,000 | 1,550,900,000 | 1,546,700,000 | 1,602,800,000 | 1,648,200,000 | 1,752,800,000 | 2,030,800,000 | ||||
policy loans | 141,800,000 | 140,900,000 | 141,200,000 | 137,600,000 | 136,400,000 | 135,300,000 | 133,300,000 | 131,300,000 | 130,300,000 | 128,500,000 | 126,400,000 | 124,200,000 | 123,000,000 | 121,600,000 | 120,200,000 | 119,500,000 | 119,500,000 | 120,200,000 | 119,700,000 | 120,300,000 | 121,000,000 | 123,600,000 | 124,300,000 | 124,700,000 | 122,800,000 | 121,600,000 | 121,300,000 | 117,400,000 | 116,000,000 | 116,000,000 | 114,600,000 | 112,100,000 | 112,400,000 | 110,800,000 | 110,300,000 | 110,100,000 | 109,500,000 | 108,100,000 | 107,100,000 | 106,200,000 | 99,700,000 | 102,600,000 | 277,000,000 | 267,500,000 | 269,100,000 | 271,500,000 | 272,000,000 | 274,100,000 | 274,700,000 | 277,800,000 | 279,700,000 | 279,600,000 | 279,500,000 | 299,200,000 | ||||
trading securities | 280,200,000 | 294,800,000 | 296,900,000 | 308,300,000 | 308,000,000 | 304,200,000 | 217,400,000 | 207,800,000 | 222,800,000 | 222,700,000 | 221,200,000 | 218,900,000 | 208,100,000 | 207,900,000 | 223,300,000 | 198,900,000 | 223,000,000 | 227,200,000 | 243,600,000 | 247,000,000 | 242,600,000 | 240,300,000 | 240,600,000 | 227,800,000 | 247,300,000 | 248,300,000 | 237,900,000 | 239,000,000 | 254,200,000 | 289,600,000 | 294,400,000 | 308,000,000 | 341,100,000 | 307,200,000 | 289,300,000 | 285,200,000 | 257,500,000 | 257,500,000 | 252,300,000 | 235,000,000 | 227,400,000 | 235,500,000 | 247,600,000 | 246,600,000 | 241,000,000 | 229,800,000 | 266,200,000 | 199,400,000 | 114,800,000 | 122,300,000 | 91,600,000 | 81,800,000 | 83,500,000 | 275,800,000 | ||||
investments held by variable interest entities | 287,400,000 | 293,000,000 | 296,800,000 | 380,200,000 | 432,300,000 | 250,100,000 | 425,500,000 | 533,400,000 | 768,600,000 | 858,100,000 | 948,200,000 | 1,017,900,000 | 1,077,600,000 | 1,099,200,000 | 1,107,700,000 | 1,180,800,000 | 1,199,600,000 | 1,221,300,000 | 1,233,500,000 | 1,224,000,000 | 1,172,600,000 | 1,137,400,000 | 1,038,100,000 | 1,204,200,000 | 1,215,200,000 | 1,241,400,000 | 1,550,500,000 | 1,543,300,000 | 1,583,900,000 | 1,382,500,000 | 1,309,600,000 | 1,514,500,000 | 1,794,400,000 | 1,807,800,000 | 1,691,000,000 | 1,488,100,000 | 1,565,600,000 | 1,499,800,000 | 1,343,000,000 | 1,241,100,000 | 1,134,100,000 | 1,046,700,000 | 1,080,700,000 | 1,087,900,000 | 1,009,900,000 | 814,300,000 | 829,400,000 | 789,300,000 | 564,700,000 | 496,300,000 | 453,500,000 | 414,000,000 | ||||||
other invested assets | 1,695,100,000 | 1,737,000,000 | 1,617,000,000 | 1,500,500,000 | 1,386,700,000 | 1,491,500,000 | 1,595,500,000 | 1,554,000,000 | 1,471,300,000 | 1,353,400,000 | 1,119,900,000 | 1,176,700,000 | 1,097,100,000 | 1,034,700,000 | 1,028,600,000 | 1,086,600,000 | 1,121,800,000 | 1,224,000,000 | 1,172,600,000 | 1,226,000,000 | 1,195,100,000 | 1,070,600,000 | 993,800,000 | 953,300,000 | 1,070,900,000 | 1,018,800,000 | 943,300,000 | 920,000,000 | 946,000,000 | 951,100,000 | 752,100,000 | 722,600,000 | 665,200,000 | 607,200,000 | 525,700,000 | 433,400,000 | 395,600,000 | 435,400,000 | 453,400,000 | 394,600,000 | 426,100,000 | 409,500,000 | 423,300,000 | 330,600,000 | 312,600,000 | 309,700,000 | 248,100,000 | 265,000,000 | 257,100,000 | 270,900,000 | 202,800,000 | 190,900,000 | 252,200,000 | 200,000 | 192,400,000 | |||
total investments | 29,966,200,000 | 29,998,500,000 | 29,177,100,000 | 28,592,000,000 | 28,444,600,000 | 27,872,100,000 | 28,414,200,000 | 27,230,200,000 | 26,211,400,000 | 26,140,400,000 | 24,697,600,000 | 25,350,000,000 | 25,335,400,000 | 24,342,400,000 | 24,135,500,000 | 25,227,600,000 | 27,428,800,000 | 28,926,100,000 | 28,256,600,000 | 28,059,600,000 | 26,855,200,000 | 26,817,000,000 | 26,184,400,000 | 24,257,200,000 | 25,335,400,000 | 24,676,400,000 | 23,679,200,000 | 23,355,400,000 | 26,955,900,000 | 27,416,000,000 | 27,054,600,000 | 26,881,000,000 | 26,387,900,000 | 26,722,600,000 | 25,997,000,000 | 24,936,300,000 | 24,545,100,000 | 24,690,200,000 | 25,498,500,000 | 24,683,900,000 | 24,411,300,000 | 23,804,800,000 | 27,151,700,000 | 27,320,200,000 | 27,467,100,000 | 28,572,100,000 | 27,959,300,000 | 28,087,400,000 | 27,450,700,000 | 26,736,600,000 | 26,364,300,000 | 25,835,000,000 | 24,534,500,000 | 21,530,224,700 | 21,603,900,000 | |||
cash and cash equivalents - unrestricted | 1,129,500,000 | 956,100,000 | 1,218,300,000 | 766,000,000 | 928,200,000 | 1,656,700,000 | 1,164,700,000 | 878,800,000 | 566,300,000 | 774,500,000 | 460,800,000 | 457,700,000 | 425,000,000 | 575,700,000 | 498,000,000 | 567,200,000 | 546,000,000 | 632,100,000 | 742,100,000 | 652,500,000 | 662,900,000 | 391,300,000 | 735,600,000 | 521,100,000 | 482,000,000 | 760,300,000 | 557,400,000 | 621,600,000 | 539,200,000 | 639,300,000 | 610,800,000 | 765,900,000 | 548,800,000 | 530,200,000 | 706,000,000 | 437,200,000 | 635,700,000 | 613,800,000 | 453,900,000 | 426,900,000 | 452,100,000 | 378,800,000 | 285,400,000 | 699,000,000 | 376,700,000 | 280,000,000 | 251,600,000 | 582,500,000 | 415,300,000 | 190,200,000 | 173,500,000 | 436,000,000 | 461,900,000 | 580,200,000 | 145,300,000 | 532,300,000 | ||
cash and cash equivalents held by variable interest entities | 24,800,000 | 27,400,000 | 23,300,000 | 50,000,000 | 96,600,000 | 341,000,000 | 80,600,000 | 113,300,000 | 83,500,000 | 114,500,000 | 122,000,000 | 104,200,000 | 97,100,000 | 69,200,000 | 55,500,000 | 52,200,000 | 48,000,000 | 99,600,000 | 70,500,000 | 62,300,000 | 76,000,000 | 51,000,000 | 36,800,000 | 68,500,000 | 61,700,000 | 50,500,000 | 69,700,000 | 56,400,000 | 106,400,000 | 115,600,000 | 105,900,000 | 391,100,000 | 354,500,000 | 147,700,000 | 160,000,000 | 190,100,000 | 106,900,000 | 150,600,000 | 158,500,000 | 150,700,000 | 101,800,000 | 140,300,000 | 104,300,000 | 85,100,000 | 210,700,000 | 462,200,000 | 54,200,000 | 48,200,000 | 88,600,000 | 65,800,000 | 74,400,000 | 19,700,000 | 25,300,000 | 3,430,000 | ||||
accrued investment income | 284,200,000 | 286,000,000 | 282,000,000 | 279,400,000 | 289,600,000 | 286,400,000 | 276,200,000 | 262,500,000 | 252,000,000 | 251,500,000 | 252,300,000 | 242,100,000 | 241,300,000 | 235,600,000 | 236,000,000 | 224,100,000 | 227,900,000 | 216,400,000 | 218,100,000 | 210,700,000 | 216,800,000 | 214,400,000 | 205,300,000 | 213,000,000 | 212,700,000 | 211,200,000 | 214,800,000 | 224,700,000 | 252,500,000 | 268,100,000 | 268,000,000 | 240,900,000 | 258,200,000 | 255,300,000 | 228,700,000 | 247,700,000 | 260,700,000 | 240,400,000 | 257,200,000 | 255,400,000 | 238,200,000 | 259,300,000 | 286,900,000 | 306,200,000 | 294,800,000 | 315,800,000 | 286,200,000 | 317,800,000 | 296,400,000 | 313,600,000 | 288,700,000 | 301,200,000 | 314,300,000 | 309,000,000 | 317,400,000 | |||
present value of future profits | 139,500,000 | 143,600,000 | 147,800,000 | 152,100,000 | 156,500,000 | 161,000,000 | 165,700,000 | 170,400,000 | 175,500,000 | 180,700,000 | 186,200,000 | 191,800,000 | 197,600,000 | 212,200,000 | 218,900,000 | 219,800,000 | 222,800,000 | 222,600,000 | 229,000,000 | 235,200,000 | 241,300,000 | 249,400,000 | 255,900,000 | 263,400,000 | 282,200,000 | 284,000,000 | 299,300,000 | 333,600,000 | 351,600,000 | 345,500,000 | 350,400,000 | 368,500,000 | 377,800,000 | 388,800,000 | 407,700,000 | 417,500,000 | 432,200,000 | 454,400,000 | 465,100,000 | 472,400,000 | 505,100,000 | 512,300,000 | 527,700,000 | 679,300,000 | 578,900,000 | 591,600,000 | 606,600,000 | 626,000,000 | 642,400,000 | 658,100,000 | 675,400,000 | 697,700,000 | 714,200,000 | 936,500,000 | ||||
deferred acquisition costs and sales inducements | 2,441,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance receivables | 3,611,100,000 | 3,677,500,000 | 3,731,700,000 | 3,753,900,000 | 3,804,300,000 | 3,854,700,000 | 3,906,700,000 | 3,910,900,000 | 3,969,000,000 | 4,040,700,000 | 4,053,200,000 | 4,029,200,000 | 4,189,600,000 | 4,241,700,000 | 4,271,900,000 | 4,277,900,000 | 4,298,200,000 | 4,354,300,000 | 4,409,700,000 | 4,460,900,000 | 4,509,300,000 | 4,584,300,000 | 4,613,100,000 | 4,712,600,000 | 4,727,500,000 | 4,802,400,000 | 4,829,400,000 | 4,879,700,000 | 4,946,300,000 | 2,127,400,000 | 2,153,500,000 | 2,195,500,000 | 2,217,900,000 | 2,241,100,000 | 2,290,100,000 | 2,820,400,000 | 2,839,400,000 | 2,903,300,000 | 2,925,000,000 | 2,958,000,000 | 3,023,000,000 | 2,892,900,000 | 3,072,800,000 | 3,392,100,000 | 2,822,400,000 | 2,838,000,000 | 2,879,500,000 | 2,927,700,000 | 2,967,700,000 | 3,013,800,000 | 3,052,700,000 | 3,091,100,000 | 3,131,300,000 | 3,172,500,000 | 3,444,800,000 | |||
income tax assets | 748,900,000 | 713,300,000 | 708,100,000 | 749,300,000 | 775,100,000 | 818,900,000 | 788,700,000 | 882,800,000 | 886,100,000 | 936,200,000 | 1,039,800,000 | 1,007,100,000 | 988,100,000 | 1,165,500,000 | 1,180,200,000 | 929,800,000 | 534,200,000 | 118,300,000 | 145,700,000 | 218,600,000 | 358,200,000 | 199,400,000 | 160,300,000 | 322,000,000 | 428,800,000 | 703,200,000 | 241,500,000 | 348,300,000 | 479,900,000 | 577,800,000 | 484,800,000 | 450,400,000 | 567,400,000 | 594,200,000 | 697,800,000 | 606,900,000 | 677,700,000 | 828,800,000 | 862,300,000 | 827,800,000 | 669,500,000 | 731,100,000 | 730,500,000 | 870,700,000 | 1,147,200,000 | 1,135,700,000 | 931,200,000 | 708,500,000 | 716,900,000 | 594,500,000 | 679,700,000 | 819,900,000 | 630,500,000 | 687,200,000 | 703,500,000 | 1,124,080,000 | 1,057,400,000 | |
assets held in separate accounts | 2,700,000 | 2,800,000 | 2,700,000 | 2,900,000 | 3,100,000 | 3,300,000 | 3,300,000 | 3,200,000 | 3,300,000 | 3,100,000 | 2,900,000 | 3,000,000 | 2,800,000 | 2,700,000 | 2,700,000 | 3,000,000 | 3,600,000 | 3,900,000 | 4,500,000 | 4,500,000 | 4,300,000 | 3,900,000 | 3,700,000 | 3,200,000 | 4,200,000 | 4,900,000 | 4,900,000 | 5,100,000 | 4,800,000 | 4,700,000 | 4,800,000 | 4,700,000 | 4,600,000 | 4,700,000 | 4,600,000 | 4,600,000 | 5,000,000 | 5,400,000 | 5,500,000 | 6,900,000 | 9,400,000 | 10,000,000 | 10,300,000 | 13,300,000 | 15,000,000 | 15,500,000 | 14,900,000 | 15,700,000 | 15,600,000 | 16,000,000 | 15,000,000 | 15,400,000 | 17,400,000 | 19,500,000 | ||||
other assets | 615,200,000 | 588,100,000 | 661,500,000 | 707,200,000 | 728,400,000 | 699,900,000 | 648,000,000 | 706,400,000 | 716,200,000 | 641,100,000 | 705,800,000 | 745,100,000 | 669,000,000 | 580,800,000 | 552,200,000 | 566,900,000 | 671,000,000 | 519,100,000 | 554,800,000 | 564,000,000 | 567,100,000 | 34,300,000 | 472,300,000 | 502,500,000 | 599,600,000 | 438,800,000 | 485,400,000 | 741,900,000 | 299,600,000 | 318,200,000 | 356,000,000 | 350,200,000 | 573,000,000 | 535,800,000 | 370,000,000 | 368,100,000 | 388,400,000 | 350,600,000 | 413,200,000 | 381,100,000 | 420,200,000 | 421,300,000 | 401,000,000 | 341,700,000 | 432,600,000 | 385,100,000 | 433,000,000 | 334,000,000 | 338,600,000 | 395,800,000 | 402,300,000 | 316,900,000 | 314,900,000 | 349,800,000 | 310,714,000 | 16,100,000 | 282,100,000 | |
total assets | 38,963,400,000 | 38,790,600,000 | 38,296,200,000 | 37,329,100,000 | 37,436,300,000 | 37,852,600,000 | 37,645,400,000 | 36,290,200,000 | 34,939,700,000 | 35,102,500,000 | 33,507,400,000 | 34,053,900,000 | 34,015,000,000 | 33,339,200,000 | 33,037,300,000 | 33,835,500,000 | 35,468,100,000 | 36,204,400,000 | 35,713,700,000 | 35,519,700,000 | 34,659,500,000 | 35,339,900,000 | 6,878,200,000 | 34,569,200,000 | 33,979,500,000 | 32,735,000,000 | 33,279,800,000 | 32,716,000,000 | 32,314,400,000 | 31,647,200,000 | 32,472,200,000 | 32,809,100,000 | 32,704,600,000 | 32,841,800,000 | 32,427,400,000 | 32,420,700,000 | 32,022,500,000 | 31,458,000,000 | 31,011,200,000 | 31,049,000,000 | 31,594,800,000 | 30,975,000,000 | 34,914,300,000 | 34,458,700,000 | 34,780,600,000 | 33,917,100,000 | 33,775,600,000 | 34,899,200,000 | 34,131,400,000 | 34,008,300,000 | 33,380,300,000 | 33,046,200,000 | 33,332,700,000 | 32,925,500,000 | 32,396,600,000 | 30,343,827,500 | 5,064,900,000 | 30,269,000,000 |
liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities for insurance products: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policyholder account balances | 18,997,300,000 | 18,912,600,000 | 18,290,300,000 | 17,609,000,000 | 17,346,000,000 | 17,615,800,000 | 17,240,500,000 | 16,637,900,000 | 15,736,700,000 | 15,667,800,000 | 15,481,800,000 | 15,387,700,000 | 15,302,900,000 | 12,540,600,000 | 11,845,500,000 | 11,758,500,000 | 11,658,200,000 | 11,449,700,000 | 11,349,700,000 | 11,254,500,000 | 11,113,500,000 | 11,037,300,000 | 10,975,100,000 | 10,817,200,000 | 10,754,800,000 | 10,772,400,000 | 10,728,000,000 | 10,689,300,000 | 10,697,800,000 | 10,659,200,000 | 10,649,700,000 | 10,625,300,000 | 12,776,400,000 | |||||||||||||||||||||||||
future policy benefits | 11,722,200,000 | 11,898,000,000 | 11,975,500,000 | 11,787,700,000 | 11,773,000,000 | 11,705,500,000 | 12,179,600,000 | 11,479,400,000 | 11,736,500,000 | 11,928,200,000 | 10,829,900,000 | 11,479,600,000 | 11,623,300,000 | 11,809,100,000 | 11,747,500,000 | 11,684,600,000 | 11,646,500,000 | 11,670,700,000 | 11,699,700,000 | 11,689,800,000 | 11,546,600,000 | 11,744,200,000 | 11,753,100,000 | 11,767,500,000 | 11,429,900,000 | 11,576,600,000 | 11,407,200,000 | 11,252,900,000 | 11,140,500,000 | 11,268,500,000 | 11,312,200,000 | 11,374,100,000 | 11,271,700,000 | 11,057,200,000 | 11,354,000,000 | 11,127,000,000 | 10,768,700,000 | 10,691,600,000 | 10,588,900,000 | 10,962,800,000 | 10,519,800,000 | 10,372,200,000 | 10,138,600,000 | 11,222,500,000 | ||||||||||||||
market risk benefit liability | 58,100,000 | 48,100,000 | 52,600,000 | 63,800,000 | 73,600,000 | 60,000,000 | 1,000,000 | 3,200,000 | 3,800,000 | 7,400,000 | 3,100,000 | 10,500,000 | 17,600,000 | |||||||||||||||||||||||||||||||||||||||||||||
liability for life insurance policy claims | 58,800,000 | 58,400,000 | 61,500,000 | 60,700,000 | 63,500,000 | 61,100,000 | 59,900,000 | 59,600,000 | 65,100,000 | 62,100,000 | 60,800,000 | 64,600,000 | 67,600,000 | |||||||||||||||||||||||||||||||||||||||||||||
unearned and advanced premiums | 225,200,000 | 228,000,000 | 214,500,000 | 217,300,000 | 221,500,000 | 226,800,000 | 217,400,000 | 220,900,000 | 226,000,000 | 218,900,000 | 221,200,000 | 233,600,000 | 243,500,000 | 235,000,000 | 238,200,000 | 243,400,000 | 250,000,000 | 246,700,000 | 247,500,000 | 255,800,000 | 262,400,000 | 256,800,000 | 243,600,000 | 251,000,000 | 242,800,000 | 248,100,000 | 255,900,000 | 249,200,000 | 260,500,000 | 270,300,000 | 262,400,000 | 282,500,000 | 292,800,000 | 278,200,000 | 284,100,000 | 292,000,000 | 281,400,000 | 268,600,000 | 278,900,000 | 270,300,000 | 270,700,000 | 279,500,000 | 300,600,000 | |||||||||||||||
liabilities related to separate accounts | 2,700,000 | 2,800,000 | 2,700,000 | 2,900,000 | 3,100,000 | 3,300,000 | 3,300,000 | 3,200,000 | 3,300,000 | 3,100,000 | 2,900,000 | 3,000,000 | 2,800,000 | 2,700,000 | 2,700,000 | 3,000,000 | 3,600,000 | 3,900,000 | 4,500,000 | 4,500,000 | 4,300,000 | 3,900,000 | 3,700,000 | 3,200,000 | 4,200,000 | 4,900,000 | 4,900,000 | 5,100,000 | 4,800,000 | 4,700,000 | 4,800,000 | 4,700,000 | 4,600,000 | 4,700,000 | 4,600,000 | 4,600,000 | 5,000,000 | 5,400,000 | 5,500,000 | 6,900,000 | 9,400,000 | 10,000,000 | 10,300,000 | 13,300,000 | 15,000,000 | 15,500,000 | 14,900,000 | 15,700,000 | 15,600,000 | 16,000,000 | 15,000,000 | 15,400,000 | 17,400,000 | 19,500,000 | ||||
other liabilities | 1,098,600,000 | 952,800,000 | 1,036,900,000 | 935,800,000 | 1,027,200,000 | 1,161,800,000 | 951,000,000 | 934,400,000 | 905,000,000 | 848,800,000 | 869,600,000 | 898,900,000 | 681,300,000 | 693,900,000 | 749,400,000 | 713,200,000 | 912,300,000 | 830,900,000 | 995,300,000 | 946,500,000 | 925,200,000 | 121,100,000 | 855,800,000 | 788,300,000 | 850,700,000 | 762,000,000 | 740,200,000 | 804,000,000 | 689,500,000 | 654,200,000 | 869,000,000 | 789,100,000 | 866,500,000 | 798,000,000 | 730,100,000 | 731,000,000 | 788,900,000 | 739,100,000 | 742,500,000 | 667,100,000 | 704,000,000 | 560,700,000 | 727,400,000 | 590,600,000 | 712,700,000 | 626,800,000 | 903,000,000 | 570,600,000 | 709,000,000 | 686,000,000 | 721,000,000 | 548,300,000 | 576,900,000 | 703,700,000 | 610,480,000 | 58,700,000 | 565,000,000 | |
investment borrowings | 2,691,700,000 | 2,441,700,000 | 2,441,700,000 | 2,441,700,000 | 2,188,600,000 | 2,188,800,000 | 2,188,900,000 | 2,189,000,000 | 2,189,100,000 | 2,189,300,000 | 2,089,400,000 | 1,839,500,000 | 1,839,600,000 | 1,639,500,000 | 1,639,900,000 | 1,640,200,000 | 1,640,500,000 | 1,715,800,000 | 1,741,100,000 | 1,641,500,000 | 1,642,000,000 | 1,642,900,000 | 1,643,400,000 | 1,643,900,000 | 1,644,800,000 | 1,645,200,000 | 1,645,500,000 | 1,646,100,000 | 1,646,300,000 | 1,646,500,000 | 1,646,900,000 | 1,647,000,000 | 1,647,200,000 | 1,647,600,000 | 1,547,800,000 | 1,548,000,000 | 1,543,700,000 | 1,518,900,000 | 1,518,900,000 | 1,519,400,000 | 1,507,600,000 | 1,499,400,000 | 1,900,000,000 | 1,850,200,000 | 1,878,000,000 | 1,880,200,000 | 1,650,800,000 | 1,650,900,000 | 1,687,900,000 | 1,684,900,000 | 1,676,500,000 | 1,509,100,000 | 1,305,300,000 | 714,900,000 | ||||
borrowings related to variable interest entities | 274,400,000 | 274,400,000 | 274,300,000 | 352,800,000 | 375,100,000 | 497,600,000 | 283,100,000 | 501,400,000 | 565,500,000 | 820,800,000 | 918,500,000 | 1,001,000,000 | 1,065,400,000 | 1,104,600,000 | 1,115,300,000 | 1,125,900,000 | 1,133,100,000 | 1,147,900,000 | 1,151,400,000 | 1,151,600,000 | 1,151,700,000 | 1,152,000,000 | 1,152,200,000 | 1,152,300,000 | 1,153,000,000 | 1,153,600,000 | 1,416,800,000 | 1,417,600,000 | 1,418,100,000 | 1,410,500,000 | 1,198,200,000 | 1,532,600,000 | 1,634,200,000 | 1,690,200,000 | 1,715,800,000 | 1,656,600,000 | 1,442,300,000 | 1,461,700,000 | 1,461,300,000 | 1,295,000,000 | 1,110,800,000 | 1,019,400,000 | 1,012,300,000 | 1,035,100,000 | 1,143,700,000 | 1,143,400,000 | 767,000,000 | 766,900,000 | 766,700,000 | 519,900,000 | 519,900,000 | 405,600,000 | 317,300,000 | 229,128,200 | ||||
notes payable – direct corporate obligations | 1,336,000,000 | 1,335,600,000 | 1,335,200,000 | 1,334,700,000 | 1,834,200,000 | 1,833,500,000 | 1,832,900,000 | 1,832,300,000 | 1,141,000,000 | 1,140,500,000 | 1,140,100,000 | 1,139,700,000 | 1,139,200,000 | 1,138,800,000 | 1,138,400,000 | 1,138,000,000 | 1,137,600,000 | 1,137,300,000 | 1,137,000,000 | 1,136,900,000 | 1,136,600,000 | 990,100,000 | 989,700,000 | 989,400,000 | 988,700,000 | 988,300,000 | 917,300,000 | 916,200,000 | 915,700,000 | 915,100,000 | 914,400,000 | 913,900,000 | 913,400,000 | 912,500,000 | 912,000,000 | 911,500,000 | 925,000,000 | 925,000,000 | 774,800,000 | 814,000,000 | 827,300,000 | 844,100,000 | 856,400,000 | 868,600,000 | 905,700,000 | 934,200,000 | 1,004,200,000 | 1,035,100,000 | 778,200,000 | 799,300,000 | 857,900,000 | 871,200,000 | 934,500,000 | 1,261,900,000 | ||||
total liabilities | 36,465,000,000 | 36,152,400,000 | 35,685,200,000 | 34,806,400,000 | 34,905,800,000 | 35,354,200,000 | 34,957,600,000 | 33,861,300,000 | 32,572,000,000 | 32,886,900,000 | 31,617,300,000 | 32,058,100,000 | 31,983,200,000 | 31,938,400,000 | 31,739,400,000 | 31,623,500,000 | 31,777,200,000 | 30,944,700,000 | 30,480,800,000 | 30,195,700,000 | 29,798,800,000 | 29,855,700,000 | 1,394,000,000 | 29,485,300,000 | 29,248,300,000 | 28,969,200,000 | 28,726,500,000 | 28,463,800,000 | 28,476,500,000 | 28,027,300,000 | 28,017,300,000 | 28,191,900,000 | 27,822,900,000 | 28,062,500,000 | 27,820,600,000 | 27,926,900,000 | 27,566,300,000 | 27,231,400,000 | 26,840,200,000 | 26,684,800,000 | 26,841,200,000 | 26,253,000,000 | 30,070,000,000 | 29,748,500,000 | 29,825,400,000 | 29,130,500,000 | 29,194,200,000 | 29,870,600,000 | 29,082,100,000 | 28,755,400,000 | 28,487,200,000 | 28,363,200,000 | 28,300,100,000 | 27,976,700,000 | 27,833,400,000 | 26,811,429,100 | 1,532,500,000 | 26,935,300,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 900,000 | 900,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,200,000 | 1,200,000 | 1,200,000 | 1,300,000 | 1,300,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,500,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,800,000 | 1,900,000 | 1,900,000 | 2,000,000 | 2,100,000 | 2,100,000 | 2,200,000 | 2,200,000 | 2,200,000 | 2,200,000 | 2,200,000 | 2,200,000 | 2,300,000 | 2,300,000 | 2,400,000 | 2,400,000 | 2,400,000 | 2,500,000 | 1,900,000 | ||||
additional paid-in capital | 1,277,800,000 | 1,336,300,000 | 1,389,400,000 | 1,441,400,000 | 1,535,000,000 | 1,632,500,000 | 1,715,900,000 | 1,797,600,000 | 1,851,200,000 | 1,891,500,000 | 1,965,300,000 | 1,997,900,000 | 2,021,100,000 | 2,033,800,000 | 2,030,600,000 | 2,032,700,000 | 2,085,700,000 | 2,184,200,000 | 2,274,600,000 | 2,383,000,000 | 2,457,800,000 | 2,623,400,000 | 2,664,300,000 | 2,688,500,000 | 2,834,600,000 | 2,903,200,000 | 2,952,200,000 | 3,030,000,000 | 3,021,900,000 | 3,075,600,000 | 3,094,500,000 | 3,116,700,000 | 3,177,100,000 | 3,206,300,000 | 3,251,100,000 | 3,304,300,000 | 3,435,800,000 | 3,554,900,000 | 3,648,100,000 | 3,803,700,000 | 3,963,900,000 | 4,054,700,000 | 4,092,800,000 | 4,121,300,000 | 4,128,200,000 | 4,173,200,000 | 4,174,700,000 | 4,251,200,000 | 4,312,000,000 | 4,345,600,000 | 4,361,900,000 | 4,379,400,000 | 4,414,300,000 | 4,110,600,000 | ||||
accumulated other comprehensive loss | -1,217,600,000 | -1,115,000,000 | -1,118,900,000 | -1,252,700,000 | -1,239,100,000 | -1,371,400,000 | -1,116,000,000 | -1,464,300,000 | -1,480,300,000 | -1,576,800,000 | -1,956,700,000 | -1,733,500,000 | -1,664,400,000 | -264,300,000 | -146,000,000 | |||||||||||||||||||||||||||||||||||||||||||
retained earnings | 2,437,300,000 | 2,416,000,000 | 2,339,500,000 | 2,333,000,000 | 2,233,600,000 | 2,236,300,000 | 2,086,900,000 | 2,094,500,000 | 1,995,700,000 | 1,899,800,000 | 1,880,400,000 | 1,730,300,000 | 1,674,000,000 | 1,459,000,000 | 1,431,900,000 | 1,343,200,000 | 1,223,500,000 | 1,127,200,000 | 1,027,400,000 | 944,200,000 | 883,500,000 | 752,300,000 | 752,300,000 | 657,500,000 | 545,300,000 | 480,700,000 | 274,300,000 | 249,200,000 | 229,200,000 | 184,800,000 | 731,200,000 | 645,700,000 | 851,900,000 | 766,400,000 | 698,400,000 | 430,300,000 | 425,600,000 | 380,000,000 | 222,900,000 | 202,400,000 | 169,300,000 | 56,900,000 | -47,800,000 | -112,900,000 | 128,400,000 | 29,100,000 | 42,800,000 | |||||||||||
total shareholders' equity | 2,498,400,000 | 2,638,200,000 | 2,611,000,000 | 2,522,700,000 | 2,530,500,000 | 2,498,400,000 | 2,687,800,000 | 2,428,900,000 | 2,367,700,000 | 2,215,600,000 | 1,890,100,000 | 1,995,800,000 | 2,031,800,000 | 1,400,800,000 | 1,297,900,000 | 2,212,000,000 | 3,690,900,000 | 5,259,700,000 | 5,232,900,000 | 5,324,000,000 | 4,860,700,000 | 5,484,200,000 | 5,484,200,000 | 5,083,900,000 | 4,731,200,000 | 3,765,800,000 | 4,553,300,000 | 4,252,200,000 | 3,837,900,000 | 3,619,900,000 | 4,454,900,000 | 4,617,200,000 | 4,881,700,000 | 4,779,300,000 | 4,606,800,000 | 4,493,800,000 | 4,456,200,000 | 4,226,600,000 | 4,171,000,000 | 4,364,200,000 | 4,753,600,000 | 4,722,000,000 | 4,844,300,000 | 4,710,200,000 | 4,955,200,000 | 4,786,600,000 | 4,581,400,000 | 5,028,600,000 | 5,049,300,000 | 5,252,900,000 | 4,893,100,000 | 4,683,000,000 | 5,032,600,000 | 4,948,800,000 | 4,563,200,000 | 3,333,700,000 | ||
total liabilities and shareholders' equity | 38,963,400,000 | 38,790,600,000 | 38,296,200,000 | 37,329,100,000 | 37,436,300,000 | 37,852,600,000 | 37,645,400,000 | 36,290,200,000 | 34,939,700,000 | 35,102,500,000 | 33,507,400,000 | 34,053,900,000 | 34,015,000,000 | 33,339,200,000 | 33,037,300,000 | 33,835,500,000 | 35,468,100,000 | 36,204,400,000 | 35,713,700,000 | 35,519,700,000 | 34,659,500,000 | 6,878,200,000 | 34,569,200,000 | 33,979,500,000 | 32,735,000,000 | 33,279,800,000 | 32,716,000,000 | 32,314,400,000 | 31,647,200,000 | 32,472,200,000 | 32,809,100,000 | 32,704,600,000 | 32,841,800,000 | 32,427,400,000 | 32,420,700,000 | 32,022,500,000 | 31,458,000,000 | 31,011,200,000 | 31,049,000,000 | 31,594,800,000 | 30,975,000,000 | 34,914,300,000 | 34,458,700,000 | 34,780,600,000 | 33,917,100,000 | 33,775,600,000 | 34,899,200,000 | 34,131,400,000 | 34,008,300,000 | 33,380,300,000 | 33,046,200,000 | 33,332,700,000 | 32,925,500,000 | 32,396,600,000 | 30,269,000,000 | |||
deferred acquisition costs | 2,397,300,000 | 2,343,700,000 | 2,276,300,000 | 2,209,900,000 | 2,158,600,000 | 2,100,900,000 | 2,047,200,000 | 1,992,300,000 | 1,944,400,000 | 1,897,500,000 | 1,857,700,000 | 1,811,300,000 | 1,913,400,000 | 1,886,400,000 | 1,767,000,000 | 1,487,600,000 | 1,112,000,000 | 1,082,700,000 | 1,051,400,000 | 1,168,400,000 | 1,027,800,000 | 1,084,000,000 | 1,120,900,000 | 1,398,600,000 | 1,138,800,000 | 1,253,200,000 | 1,289,100,000 | 1,291,100,000 | 1,237,400,000 | 1,083,600,000 | 1,023,800,000 | 1,012,400,000 | 1,028,500,000 | 909,700,000 | 911,300,000 | 954,800,000 | 909,100,000 | 877,400,000 | 767,200,000 | 746,600,000 | 698,900,000 | 740,400,000 | 968,100,000 | 846,000,000 | 762,100,000 | 654,400,000 | 629,700,000 | 580,700,000 | 591,400,000 | 790,400,000 | 1,418,100,000 | 1,444,700,000 | 1,762,600,000 | |||||
investments held by variable interest entities (net of allowance for credit losses: june 30, 2025 - 2.3 and december 31, 2024 - 1.3; amortized cost: june 30, 2025 - 380.9 and december 31, 2024 - 437.0 | 376,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
market risk benefit asset | 96,400,000 | 84,500,000 | 84,100,000 | 75,400,000 | 89,300,000 | 66,000,000 | 57,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
policyholder account liabilities | 14,858,300,000 | 14,653,700,000 | 14,608,800,000 | 14,546,300,000 | 13,689,700,000 | 12,992,000,000 | 12,840,800,000 | 12,571,300,000 | 12,357,500,000 | 12,171,300,000 | 12,138,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||
liability for policy and contract claims | 456,500,000 | 454,300,000 | 466,400,000 | 507,300,000 | 501,800,000 | 512,300,000 | 528,300,000 | 558,700,000 | 561,800,000 | 473,200,000 | 488,600,000 | 510,700,000 | 508,900,000 | 517,800,000 | 521,000,000 | 513,400,000 | 499,500,000 | 509,100,000 | 519,500,000 | 506,300,000 | 498,100,000 | 492,400,000 | 489,200,000 | 488,700,000 | 484,100,000 | 484,500,000 | 474,100,000 | 464,400,000 | 463,300,000 | 482,200,000 | 566,000,000 | |||||||||||||||||||||||||||
accumulated other comprehensive income | -2,093,100,000 | -2,165,700,000 | -1,165,000,000 | 380,500,000 | 1,947,100,000 | 1,929,700,000 | 1,995,500,000 | 1,518,100,000 | 2,186,100,000 | 2,186,100,000 | 1,801,600,000 | 1,520,200,000 | 595,200,000 | 1,442,900,000 | 1,098,200,000 | 654,900,000 | 403,500,000 | 700,200,000 | 894,300,000 | 933,600,000 | 894,500,000 | 729,600,000 | 855,500,000 | 777,800,000 | 540,500,000 | 510,400,000 | 605,000,000 | 934,200,000 | 859,300,000 | 926,100,000 | 766,200,000 | 731,800,000 | 634,000,000 | 698,100,000 | 1,170,700,000 | 1,197,400,000 | 1,421,100,000 | 990,800,000 | 808,000,000 | 625,500,000 | 597,300,000 | 372,700,000 | ||||||||||||||||
investment in wholly-owned subsidiaries | 6,202,700,000 | 4,902,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from subsidiaries | 89,600,000 | 900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | 1,136,200,000 | 1,037,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payable to subsidiaries | 136,700,000 | 360,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, ... | 2,545,800,000 | 4,411,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payable to reinsurer | 590,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets of subsidiary being sold | 4,518,900,000 | 4,346,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of subsidiary being sold | 4,298,300,000 | 4,122,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest-sensitive products | 12,781,100,000 | 12,784,200,000 | 12,867,100,000 | 12,893,200,000 | 12,930,300,000 | 12,956,300,000 | 13,103,400,000 | 13,165,500,000 | 13,168,200,000 | 13,152,800,000 | 13,208,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||
traditional products | 10,873,700,000 | 10,834,400,000 | 11,130,900,000 | 11,196,300,000 | 10,669,900,000 | 10,604,600,000 | 10,517,900,000 | 10,482,700,000 | 10,444,800,000 | 10,424,400,000 | 10,006,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||
claims payable and other policyholder funds | 995,800,000 | 1,006,400,000 | 996,300,000 | 985,100,000 | 977,600,000 | 991,900,000 | 1,000,800,000 | 1,034,300,000 | 985,500,000 | 978,000,000 | 945,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -247,100,000 | -317,500,000 | -325,000,000 | -421,700,000 | -412,000,000 | -473,000,000 | -30,300,000 | -226,300,000 | -614,600,000 | -632,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 3,532,400,000 | 3,532,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 30,343,827,500 | 5,064,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax liabilities | 76,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
actively managed fixed maturities at fair value | 18,568,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities lending collateral | 207,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - restricted | 12,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value of policies inforce at the effective date | 1,220,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of policies produced | 1,779,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities lending payable | 212,700,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance policy income | 598,600,000 | 592,600,000 | 589,800,000 | 599,100,000 | 584,900,000 | 582,300,000 | 582,100,000 | 571,800,000 | 563,000,000 | 568,200,000 | 582,200,000 | 575,300,000 | 571,200,000 | 572,900,000 | 580,800,000 | 585,400,000 | 577,300,000 | 580,200,000 | 598,900,000 | 583,200,000 | 596,600,000 | 575,900,000 | 575,300,000 | 574,700,000 | 570,300,000 | 581,200,000 | 604,600,000 | 612,100,000 | 631,400,000 | 602,200,000 | 617,100,000 | 640,100,000 | 610,300,000 | 610,300,000 | 617,300,000 | 620,800,000 | 597,900,000 | 592,900,000 | 597,900,000 | 592,100,000 | 593,200,000 | 629,800,000 | 605,000,000 | 607,700,000 | 622,400,000 | 617,400,000 | 585,700,000 | 614,100,000 | 602,500,000 | 591,000,000 | 597,500,000 | 602,700,000 | 591,600,000 | 586,400,000 | 595,600,000 | 591,000,000 | 586,300,000 | 672,200,000 |
net investment income | 372,200,000 | 387,900,000 | 360,300,000 | 382,300,000 | 353,500,000 | 344,600,000 | 334,400,000 | 349,400,000 | 331,200,000 | 333,300,000 | 315,000,000 | 322,300,000 | 284,700,000 | 287,000,000 | 260,500,000 | 280,000,000 | 269,300,000 | 272,700,000 | 251,100,000 | 291,500,000 | 251,500,000 | 268,700,000 | 285,700,000 | 280,300,000 | 287,100,000 | 272,300,000 | 358,800,000 | 348,100,000 | 298,800,000 | 280,200,000 | 329,000,000 | 289,700,000 | 277,200,000 | 314,700,000 | 285,800,000 | 285,700,000 | 318,700,000 | 281,000,000 | 280,100,000 | 365,000,000 | 321,100,000 | 367,200,000 | 335,400,000 | 370,700,000 | 314,400,000 | 375,800,000 | 350,000,000 | 353,300,000 | 306,700,000 | 353,600,000 | 377,900,000 | 361,900,000 | 325,200,000 | 324,400,000 | 313,100,000 | 352,800,000 | 314,600,000 | 306,600,000 |
fee revenue and other income | 36,100,000 | 36,400,000 | 62,100,000 | 44,800,000 | 34,900,000 | 35,400,000 | 53,600,000 | 38,300,000 | 61,700,000 | 54,900,000 | 50,400,000 | 38,800,000 | 30,100,000 | 30,500,000 | 49,800,000 | 38,200,000 | 31,900,000 | 34,200,000 | 38,200,000 | 37,400,000 | 25,400,000 | 26,300,000 | 34,400,000 | 22,200,000 | 21,700,000 | 31,800,000 | 11,900,000 | 11,600,000 | 21,200,000 | 12,200,000 | 11,500,000 | 11,800,000 | 10,500,000 | 14,000,000 | 14,200,000 | 12,900,000 | 15,600,000 | 16,200,000 | 16,000,000 | 7,000,000 | 6,400,000 | 13,000,000 | 8,100,000 | 6,400,000 | 6,500,000 | 6,200,000 | 5,200,000 | 4,500,000 | 3,900,000 | 5,700,000 | 4,900,000 | 4,200,000 | 3,400,000 | 5,100,000 | 4,600,000 | 3,600,000 | 3,500,000 | 5,400,000 |
insurance policy benefits | -405,900,000 | -415,300,000 | -407,600,000 | -389,100,000 | -394,300,000 | -413,000,000 | -408,000,000 | -395,900,000 | -393,800,000 | -410,500,000 | -410,900,000 | -392,400,000 | -409,100,000 | -417,500,000 | -416,800,000 | -413,800,000 | -407,700,000 | -412,400,000 | -427,200,000 | -387,900,000 | -386,800,000 | -379,000,000 | -429,200,000 | -404,500,000 | -411,800,000 | -407,700,000 | -482,800,000 | -501,400,000 | -531,400,000 | -483,800,000 | -496,100,000 | -511,800,000 | -472,200,000 | -480,000,000 | -487,400,000 | -467,200,000 | -472,100,000 | -474,900,000 | -457,700,000 | -525,400,000 | -523,700,000 | -497,000,000 | -526,700,000 | -527,700,000 | -542,400,000 | -485,000,000 | -502,700,000 | -543,500,000 | -565,300,000 | -489,200,000 | -533,100,000 | -508,700,000 | -513,900,000 | -465,300,000 | -512,800,000 | -515,000,000 | -482,300,000 | -517,000,000 |
interest expense | -44,900,000 | -80,300,000 | -34,100,000 | -91,300,000 | -45,700,000 | -71,800,000 | -50,400,000 | -77,200,000 | -47,200,000 | -69,500,000 | -38,600,000 | -55,100,000 | -18,500,000 | -37,600,000 | -9,700,000 | -35,400,000 | -11,100,000 | -35,800,000 | -10,500,000 | -35,100,000 | -12,200,000 | -43,600,000 | -20,300,000 | -24,300,000 | -50,700,000 | -28,900,000 | -27,200,000 | -46,300,000 | -19,300,000 | -20,000,000 | -40,500,000 | -20,500,000 | -17,800,000 | -35,400,000 | -13,300,000 | -10,900,000 | -25,400,000 | -17,200,000 | -14,500,000 | -26,900,000 | -18,300,000 | -29,800,000 | -17,200,000 | -28,800,000 | -20,100,000 | -24,700,000 | -31,700,000 | -26,100,000 | -26,500,000 | -25,000,000 | -28,300,000 | -26,000,000 | -16,200,000 | -32,200,000 | -21,900,000 | -30,600,000 | -23,500,000 | -32,500,000 |
deferrable policy acquisition costs | -133,000,000 | -130,700,000 | -114,100,000 | -118,300,000 | -113,000,000 | -111,200,000 | -103,200,000 | -100,300,000 | -91,200,000 | -96,600,000 | -89,800,000 | -86,500,000 | -80,200,000 | -82,700,000 | -82,800,000 | -85,500,000 | -70,500,000 | -72,100,000 | -70,700,000 | -74,300,000 | -69,100,000 | -64,200,000 | -68,200,000 | -74,500,000 | -73,400,000 | -69,600,000 | -61,600,000 | -65,400,000 | -60,200,000 | -56,800,000 | -63,400,000 | -63,200,000 | -60,600,000 | -56,600,000 | -62,200,000 | -61,400,000 | -62,300,000 | -58,200,000 | -59,700,000 | -60,200,000 | -56,700,000 | -61,000,000 | -54,600,000 | -53,700,000 | -53,500,000 | -50,300,000 | -46,700,000 | -48,500,000 | -46,200,000 | |||||||||
other operating costs | -216,100,000 | -242,300,000 | -322,200,000 | -233,700,000 | -182,300,000 | -220,000,000 | -303,800,000 | -196,200,000 | -222,700,000 | -216,800,000 | -320,200,000 | -228,300,000 | -208,000,000 | -238,600,000 | -310,800,000 | -240,500,000 | -211,000,000 | -201,000,000 | -273,700,000 | -205,700,000 | -180,600,000 | -181,700,000 | -250,100,000 | -180,800,000 | -166,100,000 | -241,800,000 | -166,800,000 | -178,900,000 | -246,200,000 | -154,500,000 | -187,900,000 | -203,600,000 | -174,000,000 | -168,500,000 | -212,900,000 | -174,300,000 | -162,600,000 | -216,600,000 | -170,300,000 | -184,900,000 | -211,300,000 | -170,200,000 | -166,400,000 | -197,100,000 | -212,000,000 | -228,100,000 | -173,000,000 | -192,400,000 | -193,200,000 | -122,400,000 | -104,100,000 | -121,100,000 | -124,700,000 | -110,400,000 | -94,200,000 | -133,600,000 | -106,600,000 | -143,300,000 |
income taxes | -9,200,000 | -2,800,000 | 2,500,000 | -2,800,000 | -6,800,000 | -35,400,000 | -10,100,000 | -13,200,000 | -18,200,000 | -21,500,000 | -6,200,000 | -13,200,000 | -2,700,000 | -3,400,000 | -14,600,000 | -9,100,000 | 62,500,000 | -16,900,000 | -16,700,000 | -15,400,000 | -8,000,000 | -3,100,000 | -1,900,000 | 100,000 | -1,700,000 | 5,000,000 | -600,000 | -8,300,000 | -22,100,000 | -24,300,000 | -32,200,000 | -1,500,000 | -2,000,000 | -2,400,000 | -1,100,000 | |||||||||||||||||||||||
net cash from operating activities | 197,800,000 | 145,500,000 | 136,700,000 | 191,000,000 | 231,200,000 | 110,900,000 | 94,600,000 | 176,700,000 | 182,800,000 | 141,500,000 | 81,900,000 | 160,900,000 | 167,500,000 | 110,600,000 | 56,400,000 | 119,300,000 | 240,700,000 | 148,900,000 | 89,400,000 | 193,700,000 | 216,800,000 | 199,300,000 | 125,700,000 | 193,200,000 | 175,400,000 | 142,300,000 | -128,700,000 | 171,500,000 | 72,200,000 | 155,200,000 | 137,500,000 | 141,000,000 | 245,000,000 | 196,100,000 | 140,400,000 | 204,900,000 | 207,900,000 | 122,500,000 | 191,000,000 | 165,400,000 | -480,300,000 | 248,300,000 | 182,200,000 | 175,300,000 | 114,600,000 | 210,300,000 | 185,600,000 | 160,800,000 | 78,200,000 | 212,600,000 | 201,400,000 | 205,500,000 | 155,300,000 | 209,400,000 | 178,600,000 | 164,900,000 | 181,100,000 | 179,000,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 197,800,000 | 145,500,000 | 136,700,000 | 191,000,000 | 231,200,000 | 110,900,000 | 94,600,000 | 176,700,000 | 182,800,000 | 141,500,000 | 81,900,000 | 160,900,000 | 167,500,000 | 110,600,000 | 56,400,000 | 119,300,000 | 240,700,000 | 148,900,000 | 89,400,000 | 193,700,000 | 216,800,000 | 199,300,000 | 125,700,000 | 193,200,000 | 175,400,000 | 142,300,000 | -128,700,000 | 171,500,000 | 72,200,000 | 155,200,000 | 137,500,000 | 141,000,000 | 245,000,000 | 196,100,000 | 140,400,000 | 204,900,000 | 207,900,000 | 122,500,000 | 191,000,000 | 165,400,000 | -480,300,000 | 248,300,000 | 182,200,000 | 175,300,000 | 114,600,000 | 210,300,000 | 185,600,000 | 160,800,000 | 78,200,000 | 212,600,000 | 201,400,000 | 205,500,000 | 155,300,000 | 209,400,000 | 178,600,000 | 164,900,000 | 181,100,000 | 179,000,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of investments | 598,500,000 | 1,254,000,000 | 462,900,000 | 690,900,000 | 1,210,100,000 | 668,200,000 | 671,000,000 | 396,100,000 | 245,200,000 | 260,800,000 | 486,500,000 | 488,700,000 | 538,800,000 | 705,500,000 | 1,520,600,000 | 403,900,000 | 327,200,000 | 583,300,000 | 509,200,000 | 316,800,000 | 152,100,000 | 593,200,000 | 417,900,000 | 195,900,000 | 687,900,000 | 1,775,500,000 | 734,300,000 | 849,800,000 | 1,163,100,000 | 851,400,000 | 488,100,000 | 403,000,000 | 523,700,000 | 520,500,000 | 1,181,500,000 | 665,200,000 | 343,500,000 | 452,500,000 | 317,800,000 | 570,000,000 | 807,200,000 | 618,800,000 | 753,500,000 | 396,100,000 | 547,400,000 | 205,100,000 | 520,300,000 | 661,900,000 | 670,300,000 | 1,114,000,000 | 1,458,600,000 | 1,683,800,000 | 1,248,100,000 | 2,001,700,000 | 2,058,300,000 | 2,378,100,000 | 2,194,500,000 | 2,569,500,000 |
maturities and redemptions of investments | 946,400,000 | 621,100,000 | 642,000,000 | 683,200,000 | 525,000,000 | 598,700,000 | 368,300,000 | 370,200,000 | 366,500,000 | 383,500,000 | 276,800,000 | 285,600,000 | 341,700,000 | 428,500,000 | 494,900,000 | 642,500,000 | 683,000,000 | 799,900,000 | 754,900,000 | 715,600,000 | 590,200,000 | 316,800,000 | 595,700,000 | 531,000,000 | 578,400,000 | 516,200,000 | 554,700,000 | 864,900,000 | 547,100,000 | 734,500,000 | 959,200,000 | 849,300,000 | 537,100,000 | 642,800,000 | 349,600,000 | 445,000,000 | 662,700,000 | 320,100,000 | 316,400,000 | 537,500,000 | 469,600,000 | 599,600,000 | 557,000,000 | 704,900,000 | 630,400,000 | 602,000,000 | 540,900,000 | 407,400,000 | 417,100,000 | 240,200,000 | 315,200,000 | 285,200,000 | 252,900,000 | 253,900,000 | 247,900,000 | 233,900,000 | 158,300,000 | 137,800,000 |
purchases of investments | -1,661,100,000 | -1,991,500,000 | -1,639,700,000 | -1,421,100,000 | -1,905,900,000 | -2,411,300,000 | -1,064,700,000 | -694,800,000 | -991,000,000 | -758,400,000 | -1,147,700,000 | -960,900,000 | -1,168,000,000 | -1,357,900,000 | -2,995,200,000 | -1,771,400,000 | -1,245,300,000 | -1,588,200,000 | -1,530,300,000 | -1,194,000,000 | -790,100,000 | -1,118,400,000 | -1,178,200,000 | -712,500,000 | -1,268,700,000 | -2,406,500,000 | -1,348,500,000 | -1,890,400,000 | -1,798,700,000 | -1,492,000,000 | -1,418,400,000 | -1,166,400,000 | -1,097,200,000 | -1,574,600,000 | -1,524,900,000 | -1,098,900,000 | -1,162,900,000 | -1,019,900,000 | -909,600,000 | -1,062,200,000 | -1,010,200,000 | -1,081,800,000 | -1,292,500,000 | -1,336,100,000 | -1,656,700,000 | -700,900,000 | -955,700,000 | -1,309,300,000 | -1,305,200,000 | -1,792,300,000 | -2,313,000,000 | -2,389,700,000 | -1,661,100,000 | -2,892,100,000 | -2,440,900,000 | -2,745,900,000 | -2,660,300,000 | -2,926,600,000 |
net sales of trading securities | -10,900,000 | -4,100,000 | 10,900,000 | -6,200,000 | -15,900,000 | 41,200,000 | 18,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other | 10,100,000 | -5,800,000 | -3,400,000 | -7,300,000 | -500,000 | -3,200,000 | -2,500,000 | -6,300,000 | -7,700,000 | -8,700,000 | -13,900,000 | -21,800,000 | -14,600,000 | -11,500,000 | -13,300,000 | -7,300,000 | -7,700,000 | -6,700,000 | -53,600,000 | -14,600,000 | -9,000,000 | -8,900,000 | -7,300,000 | -7,900,000 | -73,600,000 | -10,600,000 | -3,300,000 | -5,400,000 | -7,600,000 | -7,900,000 | -3,600,000 | -12,100,000 | -7,300,000 | -6,700,000 | -3,800,000 | -7,400,000 | -6,000,000 | -5,200,000 | -4,800,000 | -9,100,000 | -5,900,000 | -7,000,000 | -5,400,000 | -3,600,000 | -7,000,000 | -7,300,000 | -7,600,000 | -6,900,000 | -9,800,000 | -9,100,000 | -8,300,000 | -9,800,000 | -5,300,000 | -100,000 | -5,400,000 | -6,400,000 | -2,800,000 | 6,200,000 |
net cash used by investing activities | -106,100,000 | -122,200,000 | -538,200,000 | -151,200,000 | -167,900,000 | -1,145,900,000 | -23,600,000 | 73,000,000 | -393,400,000 | -145,200,000 | -406,700,000 | -213,400,000 | -337,600,000 | -220,000,000 | -1,010,300,000 | -730,700,000 | -245,000,000 | -216,400,000 | -334,000,000 | -178,600,000 | -50,200,000 | -201,400,000 | -178,200,000 | 8,000,000 | -83,400,000 | -126,100,000 | 121,300,000 | 132,000,000 | -3,100,000 | -852,700,000 | 106,100,000 | 156,300,000 | -248,400,000 | -211,100,000 | -508,900,000 | -539,100,000 | -100,700,000 | -189,300,000 | -137,200,000 | -361,200,000 | -204,500,000 | |||||||||||||||||
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of notes payable | 0 | 0 | 0 | 0 | 0 | 645,300,000 | 0 | 49,400,000 | 61,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
payments on notes payable | 0 | 0 | 0 | -777,300,000 | -19,800,000 | -13,600,000 | -17,000,000 | -12,500,000 | -12,500,000 | -12,500,000 | -29,100,000 | -72,800,000 | -31,600,000 | -697,600,000 | -22,000,000 | -59,400,000 | -14,100,000 | -64,500,000 | -16,200,000 | -50,000,000 | -677,100,000 | 0 | -52,500,000 | -64,000,000 | -399,600,000 | |||||||||||||||||||||||||||||||||
issuance of common stock | 2,500,000 | 600,000 | 6,500,000 | 3,100,000 | 4,300,000 | 1,000,000 | 2,800,000 | 2,100,000 | 2,500,000 | 500,000 | 8,100,000 | 6,900,000 | 1,900,000 | 700,000 | 4,000,000 | 2,900,000 | 1,100,000 | 5,100,000 | 12,400,000 | 14,000,000 | 2,000,000 | 300,000 | 2,700,000 | 2,400,000 | 800,000 | 2,800,000 | 2,700,000 | 600,000 | 2,500,000 | 2,900,000 | 3,200,000 | 3,300,000 | 400,000 | 1,400,000 | 2,900,000 | 1,000,000 | 1,100,000 | 200,000 | 3,400,000 | 400,000 | 2,000,000 | 1,100,000 | 11,600,000 | 1,100,000 | 1,000,000 | 900,000 | 100,000 | 1,600,000 | 300,000 | |||||||||
payments to repurchase common stock | -60,600,000 | -100,300,000 | -110,300,000 | -91,700,000 | -89,900,000 | -59,800,000 | -58,800,000 | -70,300,000 | -40,200,000 | -29,800,000 | -25,800,000 | -9,900,000 | -10,100,000 | -60,300,000 | -109,800,000 | -100,000,000 | -120,300,000 | -84,800,000 | -102,700,000 | -100,100,000 | -50,100,000 | -30,100,000 | -88,000,000 | -77,400,000 | -59,800,000 | -44,000,000 | 0 | -62,900,000 | -4,600,000 | -31,200,000 | -71,300,000 | -39,800,000 | -61,000,000 | -52,000,000 | -93,700,000 | -127,300,000 | -97,400,000 | -81,500,000 | -100,600,000 | -33,000,000 | -31,100,000 | -37,300,000 | -80,700,000 | -41,300,000 | -39,300,000 | -18,900,000 | -14,100,000 | -39,500,000 | ||||||||||
common stock dividends paid | -16,400,000 | -16,700,000 | -16,900,000 | -16,400,000 | -16,800,000 | -17,200,000 | -17,300,000 | -16,700,000 | -16,900,000 | -17,400,000 | -17,100,000 | -16,100,000 | -16,100,000 | -16,500,000 | -16,100,000 | -15,800,000 | -16,300,000 | -17,300,000 | -16,300,000 | -16,600,000 | -16,800,000 | -17,400,000 | -16,200,000 | -16,800,000 | -17,400,000 | -16,400,000 | -16,500,000 | -16,500,000 | -15,400,000 | -15,200,000 | -15,300,000 | -14,000,000 | -13,900,000 | -14,300,000 | -12,700,000 | -13,200,000 | -13,700,000 | -12,100,000 | -12,700,000 | -13,000,000 | -13,300,000 | -6,500,000 | -6,800,000 | -6,700,000 | -4,400,000 | -4,500,000 | -4,700,000 | |||||||||||
payments on financing arrangements | -3,800,000 | -3,900,000 | -3,700,000 | -3,700,000 | -3,600,000 | -3,600,000 | -3,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
amounts received for deposit products | 955,400,000 | 659,900,000 | 574,200,000 | 1,076,300,000 | 999,800,000 | 1,332,200,000 | 523,900,000 | 574,100,000 | 501,900,000 | 537,400,000 | 498,300,000 | 564,800,000 | 499,100,000 | 566,100,000 | 1,392,600,000 | 1,025,800,000 | 461,800,000 | 472,600,000 | 444,900,000 | 460,000,000 | 397,300,000 | 358,000,000 | 404,800,000 | 433,600,000 | 453,700,000 | 420,100,000 | 376,500,000 | 397,600,000 | 355,600,000 | 339,400,000 | 368,300,000 | 359,500,000 | 342,800,000 | 309,200,000 | 340,100,000 | 323,900,000 | 298,100,000 | 286,100,000 | 293,500,000 | 348,100,000 | 329,600,000 | 334,600,000 | 329,500,000 | 325,500,000 | 308,500,000 | 310,700,000 | 311,600,000 | 327,800,000 | 346,600,000 | 407,700,000 | 448,100,000 | 442,400,000 | 395,300,000 | 395,400,000 | 452,100,000 | 507,400,000 | 375,200,000 | 330,200,000 |
withdrawals from deposit products | -464,500,000 | -502,500,000 | -899,600,000 | -468,800,000 | -485,200,000 | -502,000,000 | -505,500,000 | -430,400,000 | -418,200,000 | -425,500,000 | -422,100,000 | -390,400,000 | -359,400,000 | -347,400,000 | -364,200,000 | -353,200,000 | -322,500,000 | -331,100,000 | -345,700,000 | -312,000,000 | -269,300,000 | -300,300,000 | -354,000,000 | -327,700,000 | -346,700,000 | -342,800,000 | -309,200,000 | -331,600,000 | -339,700,000 | -281,900,000 | -326,000,000 | -312,900,000 | -273,900,000 | -312,300,000 | -305,300,000 | -285,200,000 | -322,700,000 | -322,600,000 | -315,100,000 | -363,800,000 | -368,700,000 | -359,100,000 | -355,400,000 | -375,800,000 | -374,100,000 | -343,500,000 | -386,800,000 | -408,300,000 | -406,300,000 | -392,300,000 | -417,100,000 | -429,100,000 | -425,800,000 | -417,400,000 | -425,000,000 | -483,400,000 | -378,600,000 | -336,600,000 |
issuance of investment borrowings: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal home loan bank | 250,000,000 | 292,300,000 | 234,500,000 | 307,700,000 | 67,500,000 | 15,000,000 | 222,000,000 | 100,000,000 | 250,000,000 | 25,000,000 | 620,500,000 | 75,000,000 | 0 | 75,000,000 | 327,100,000 | 193,700,000 | 200,000,000 | 307,700,000 | 125,000,000 | 190,000,000 | 296,800,000 | 50,000,000 | -200,000 | 200,000,000 | 132,200,000 | -200,000 | -200,000 | 250,000,000 | 50,000,000 | 100,000,000 | 200,000,000 | 50,000,000 | 50,000,000 | 200,000,000 | 200,000,000 | 175,000,000 | ||||||||||||||||||||||
payments on investment borrowings: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
related to variable interest entities | -78,800,000 | -22,300,000 | -121,500,000 | 810,400,000 | -218,500,000 | -64,200,000 | -251,700,000 | -82,700,000 | -64,600,000 | -39,500,000 | -10,900,000 | -7,500,000 | -15,000,000 | -500,000 | -600,000 | -500,000 | -500,000 | -600,000 | -500,000 | -900,000 | 0 | 356,600,000 | 22,000,000 | 8,700,000 | -2,800,000 | 477,000,000 | 2,900,000 | 0 | 35,500,000 | 239,300,000 | 205,500,000 | 117,500,000 | 24,100,000 | 0 | 0 | 0 | 376,300,000 | 0 | -100,000 | |||||||||||||||||||
net cash provided (used) by financing activities | 333,900,000 | -232,100,000 | -571,400,000 | -310,200,000 | 816,200,000 | 190,200,000 | -51,700,000 | 18,500,000 | -12,500,000 | -92,000,000 | -18,800,000 | 39,200,000 | -17,400,000 | -47,200,000 | -104,900,000 | -47,300,000 | -217,500,000 | -143,800,000 | 407,200,000 | -149,200,000 | 458,300,000 | 16,600,000 | ||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 425,600,000 | -208,800,000 | -972,900,000 | 752,400,000 | 253,200,000 | -80,900,000 | 205,300,000 | -104,200,000 | 34,700,000 | -150,100,000 | 19,300,000 | -30,900,000 | 217,100,000 | 18,600,000 | 51,300,000 | 268,800,000 | -198,500,000 | 203,400,000 | -25,900,000 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - unrestricted and including held by variable interest entities, beginning of period | 0 | 0 | 1,997,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - unrestricted and including held by variable interest entities, end of period | 425,600,000 | -208,800,000 | 1,024,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales (purchases) of trading securities | 3,400,000 | 1,700,000 | 4,300,000 | -17,300,000 | 1,600,000 | -2,200,000 | -2,400,000 | 6,600,000 | 1,500,000 | -2,000,000 | 20,000,000 | 39,200,000 | 35,600,000 | 2,800,000 | -7,300,000 | -3,700,000 | -3,100,000 | 7,900,000 | -7,000,000 | 2,800,000 | 500,000 | -10,700,000 | -7,700,000 | -33,800,000 | ||||||||||||||||||||||||||||||||||
net purchases of trading securities | 7,800,000 | -6,400,000 | -22,400,000 | -8,400,000 | -35,500,000 | -14,200,000 | -6,300,000 | -700,000 | -15,100,000 | 5,800,000 | -21,700,000 | -23,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from financing arrangements | 2,100,000 | 35,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
related to variable interest entities and other | -38,100,000 | -23,800,000 | -423,300,000 | -23,500,000 | -19,800,000 | -35,400,000 | -50,900,000 | -24,500,000 | -26,300,000 | -17,300,000 | -22,900,000 | -109,000,000 | -100,000 | -100,000 | -100,000 | -200,000 | -300,000 | -300,000 | ||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 712,600,000 | 189,900,000 | 56,500,000 | 231,500,000 | 43,500,000 | 202,000,000 | 143,900,000 | 104,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - unrestricted and held by variable interest entities, beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - unrestricted and held by variable interest entities, end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - unrestricted and held by variable interest entities, beginning of period | 0 | 889,000,000 | 0 | 0 | 644,900,000 | 0 | 0 | 731,700,000 | 0 | 0 | 991,900,000 | 0 | 0 | 654,700,000 | 0 | 0 | 656,600,000 | 0 | 0 | 757,300,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - unrestricted and held by variable interest entities, end of period | 342,300,000 | 649,800,000 | 20,900,000 | 39,800,000 | 522,100,000 | -65,900,000 | 25,400,000 | 594,000,000 | 97,800,000 | -24,100,000 | 738,900,000 | 228,700,000 | 7,400,000 | 550,500,000 | 214,100,000 | -83,400,000 | 691,300,000 | -150,100,000 | 19,300,000 | 726,400,000 | ||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -239,200,000 | 20,900,000 | 39,800,000 | -122,800,000 | -65,900,000 | 25,400,000 | -137,700,000 | -24,100,000 | -253,000,000 | 27,000,000 | -184,700,000 | 73,300,000 | 93,400,000 | -413,600,000 | 96,700,000 | 28,400,000 | -330,900,000 | -262,500,000 | -147,300,000 | 225,100,000 | 2,600,000 | -202,300,000 | ||||||||||||||||||||||||||||||||||||
debt issuance costs | -100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses related to extinguishment of debt | 0 | 0 | -300,000 | -6,600,000 | -54,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used by financing activities | -8,400,000 | -9,400,000 | -5,000,000 | -329,300,000 | -146,800,000 | -33,900,000 | 104,300,000 | -129,600,000 | 50,800,000 | -113,300,000 | -25,100,000 | -22,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||
payment to reinsurer pursuant to long-term care business reinsured | 0 | 0 | -590,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized appreciation (depreciation) on fixed maturity securities, available for sale, on which an other-than-temporary impairment loss has been recognized | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on all other fixed maturity securities, available for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on investments having no allowance for credit losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized losses on investments with an allowance for credit losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment to present value of future profits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment to deferred acquisition costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment to insurance liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by investing activities | -73,700,000 | -142,800,000 | -98,100,000 | -55,800,000 | -382,100,000 | 155,000,000 | 50,400,000 | -162,100,000 | -346,400,000 | -100,300,000 | -24,800,000 | 171,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on all other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents received upon recapture of reinsurance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in cash and cash equivalents held by variable interest entities | 285,200,000 | -36,600,000 | -165,200,000 | 12,300,000 | 30,100,000 | 174,300,000 | 43,700,000 | 7,900,000 | -90,200,000 | -48,900,000 | 38,500,000 | -36,000,000 | -19,200,000 | 125,600,000 | 251,500,000 | -408,000,000 | -6,000,000 | 40,400,000 | -22,800,000 | 8,600,000 | -54,700,000 | 5,600,000 | 1,800,000 | -300,000 | -8,500,000 | -4,800,000 | 10,800,000 | -17,100,000 | ||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 478,900,000 | 0 | 0 | 432,300,000 | 0 | 0 | 611,600,000 | 0 | 0 | 699,000,000 | 0 | 0 | 582,500,000 | 0 | 0 | 436,000,000 | 0 | 0 | 571,900,000 | 0 | 0 | 523,400,000 | ||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 217,100,000 | 18,600,000 | 530,200,000 | 268,800,000 | -198,500,000 | 635,700,000 | 159,900,000 | 27,000,000 | 426,900,000 | 73,300,000 | 93,400,000 | 285,400,000 | 96,700,000 | 28,400,000 | 251,600,000 | 225,100,000 | 16,700,000 | 173,500,000 | -118,300,000 | 155,600,000 | 424,600,000 | 225,100,000 | 2,600,000 | 321,100,000 | ||||||||||||||||||||||||||||||||||
investment borrowings - repurchase agreements | -100,000 | 12,000,000 | -1,900,000 | 29,500,000 | 0 | -36,800,000 | 3,400,000 | 8,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
taxes | -700,000 | -1,900,000 | -700,000 | -800,000 | -1,300,000 | -700,000 | -3,700,000 | -1,400,000 | -2,200,000 | -700,000 | -1,000,000 | -1,200,000 | -600,000 | -3,700,000 | -1,000,000 | 100,000 | -1,800,000 | -700,000 | 3,800,000 | -300,000 | -2,000,000 | -1,900,000 | -900,000 | |||||||||||||||||||||||||||||||||||
cash and cash equivalents held by subsidiary prior to being sold | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of subsidiary | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses related to extinguishment or modification of debt | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amount paid to extinguish the beneficial conversion feature associated with repurchase of convertible debentures | 0 | 0 | 0 | -12,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments to repurchase common stock and warrants | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents held by subsidiary being sold | -114,700,000 | -50,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts related to extinguishment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policy acquisition costs | -100,100,000 | -113,500,000 | -105,700,000 | -109,400,000 | -102,400,000 | -105,500,000 | -101,300,000 | -109,000,000 | -98,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
expenses related to debt modification and extinguishment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment borrowings and borrowings related to variable interest entities | 292,100,000 | 69,600,000 | -32,800,000 | 512,100,000 | 175,000,000 | -46,000,000 | -16,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net incease (decrease) in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in cash held by discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | 8,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment borrowings | -31,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses related to debt modification |
