2014 Form 10-K Financial Statement

#000119312515069449 Filed on February 27, 2015

View on sec.gov

Income Statement

Concept 2014 2013 Q4 2013 Q3
Revenue $3.620B $930.6M $932.8M
YoY Change 3.6% 0.2% 6.35%
Cost Of Revenue $1.903B $495.6M $516.8M
YoY Change 3.51% 3.43% 7.86%
Gross Profit $761.1M $435.0M $416.0M
YoY Change 1.85% -3.24% 4.53%
Gross Profit Margin 21.03% 46.75% 44.6%
Selling, General & Admin $215.2M $8.000M $53.20M
YoY Change 21.1% -85.16% 16.16%
% of Gross Profit 28.27% 1.84% 12.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.400M $100.7M $98.44M
YoY Change 15.63% 2.74% 4.71%
% of Gross Profit 0.97% 23.16% 23.66%
Operating Expenses $2.757B $705.1M $722.3M
YoY Change 5.04% 2.66% 8.47%
Operating Profit $771.6M -$270.1M -$306.3M
YoY Change 2.06% 13.85% 14.32%
Interest Expense $76.13M -$19.10M $19.68M
YoY Change -5.39% -10.33% -0.84%
% of Operating Profit 9.87%
Other Income/Expense, Net $10.52M
YoY Change 20.02%
Pretax Income $784.7M $206.4M $190.9M
YoY Change 3.89% -6.42% 1.09%
Income Tax $256.6M $63.60M $58.73M
% Of Pretax Income 32.7% 30.81% 30.77%
Net Earnings $542.9M $142.8M $132.1M
YoY Change 2.74% -5.41% 1.11%
Net Earnings / Revenue 15.0% 15.35% 14.16%
Basic Earnings Per Share $4.15 $1.06 $0.97
Diluted Earnings Per Share $4.09 $1.04 $0.95
COMMON SHARES
Basic Shares Outstanding 130.7M shares 90.42M shares 136.9M shares
Diluted Shares Outstanding 132.6M shares 139.0M shares

Balance Sheet

Concept 2014 2013 Q4 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $38.79M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $328.0M $331.0M $413.0M
YoY Change -0.91% -13.8% 23.28%
LONG-TERM ASSETS
Property, Plant & Equipment $139.0M $0.00
YoY Change
Goodwill $441.6M $441.6M
YoY Change 0.0% 11.26%
Intangibles
YoY Change
Long-Term Investments $14.99B $13.42B $13.35B
YoY Change 11.72% -4.78% 0.01%
Other Assets $288.0M
YoY Change
Total Long-Term Assets $19.94B $17.86B $17.72B
YoY Change 11.66% -2.89% 0.68%
TOTAL ASSETS
Total Short-Term Assets $328.0M $331.0M $413.0M
Total Long-Term Assets $19.94B $17.86B $17.72B
Total Assets $20.27B $18.19B $18.14B
YoY Change 11.43% -3.12% 1.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $229.1M $227.9M
YoY Change -28.2% -28.71%
Long-Term Debt Due $238.0M $229.0M $228.0M
YoY Change 3.93% 143.73% -28.75%
Total Short-Term Liabilities $2.024B $1.515B $1.500B
YoY Change 33.6% -21.46% -27.04%
LONG-TERM LIABILITIES
Long-Term Debt $992.0M $991.0M $990.6M
YoY Change 0.1% 0.13% 2.62%
Other Long-Term Liabilities $386.0M $262.0M $330.0M
YoY Change 47.33% -33.33% 30.95%
Total Long-Term Liabilities $1.378B $1.253B $990.6M
YoY Change 9.98% 26.61% 2.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.024B $1.515B $1.500B
Total Long-Term Liabilities $1.378B $1.253B $990.6M
Total Liabilities $15.58B $14.42B $14.36B
YoY Change 8.05% 0.0% 5.35%
SHAREHOLDERS EQUITY
Retained Earnings $3.496B $3.724B
YoY Change 2.71% 4.36%
Common Stock $151.2M $105.8M
YoY Change 42.91% -5.79%
Preferred Stock
YoY Change
Treasury Stock (at cost) $543.4M $761.8M
YoY Change 6.05% -3.12%
Treasury Stock Shares 16.97M shares 15.06M shares
Shareholders Equity $4.697B $3.776B $3.777B
YoY Change
Total Liabilities & Shareholders Equity $20.27B $18.19B $18.14B
YoY Change 11.43% -3.12% 1.1%

Cashflow Statement

Concept 2014 2013 Q4 2013 Q3
OPERATING ACTIVITIES
Net Income $542.9M $142.8M $132.1M
YoY Change 2.74% -5.41% 1.11%
Depreciation, Depletion And Amortization $7.400M $100.7M $98.44M
YoY Change 15.63% 2.74% 4.71%
Cash From Operating Activities $864.7M $348.2M $278.5M
YoY Change -22.74% 42.06% 11.13%
INVESTING ACTIVITIES
Capital Expenditures $19.37M -$6.800M -$2.200M
YoY Change 73.42% 750.0% 83.33%
Acquisitions $0.00
YoY Change
Other Investing Activities -$330.8M -$219.3M -$69.60M
YoY Change -45.16% -24.01% -54.09%
Cash From Investing Activities -$350.2M -$226.1M -$71.70M
YoY Change -43.01% -21.85% -53.08%
FINANCING ACTIVITIES
Cash Dividend Paid $65.01M
YoY Change 6.72%
Common Stock Issuance & Retirement, Net $393.0M
YoY Change 2.23%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$500.0M -127.4M -211.6M
YoY Change -6.71% -34.57% -264.54%
NET CHANGE
Cash From Operating Activities $864.7M 348.2M 278.5M
Cash From Investing Activities -$350.2M -226.1M -71.70M
Cash From Financing Activities -$500.0M -127.4M -211.6M
Net Change In Cash $14.59M -5.300M -4.800M
YoY Change -147.02% -97.78% -102.12%
FREE CASH FLOW
Cash From Operating Activities $864.7M $348.2M $278.5M
Capital Expenditures $19.37M -$6.800M -$2.200M
Free Cash Flow $845.3M $355.0M $280.7M
YoY Change -23.71% 44.37% 11.48%

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CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
8458593 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7889321 shares
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
461000000
CY2014Q4 us-gaap Equity Restrictions
EquityRestrictions
2600000000
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
85000000
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2014Q4 us-gaap Other Liabilities
OtherLiabilities
359118000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
46000000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0
CY2014Q4 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
522219000
CY2014Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
198000000
CY2014Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4732000
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
134218000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
997452000
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3376846000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4000000
CY2014Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1148749000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
293000000
CY2014Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1241709000
CY2014Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1230528000
CY2014Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
1797265000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
4697466000
CY2014Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
1262624000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4000000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
7000000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0
CY2014Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20214730000
CY2014Q4 us-gaap Guaranty Liabilities
GuarantyLiabilities
0
CY2014Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1387147000
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
457613000
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1700000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
238000000
CY2014Q4 us-gaap Unearned Premiums
UnearnedPremiums
72275000
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
238398000
CY2014Q4 us-gaap Other Policyholder Funds
OtherPolicyholderFunds
95446000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
8000000
CY2014Q4 us-gaap Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
11750495000
CY2014Q4 us-gaap Liabilities
Liabilities
15517264000
CY2014Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1748771000
CY2014Q4 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
438000000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
9000000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
250000000
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
992130000
CY2014Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
313550000
CY2014Q4 us-gaap Life Insurance In Force Gross
LifeInsuranceInForceGross
160455963000
CY2014Q4 us-gaap Life Insurance In Force Net
LifeInsuranceInForceNet
163319282000
CY2014Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
86253000
CY2014Q4 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
12130353000
CY2014Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
212137000
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1812298000
CY2014Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Policy Acquisition Cost
DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost
879851000
CY2014Q4 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
1477000
CY2014Q4 us-gaap Goodwill
Goodwill
441591000
CY2014Q4 us-gaap Investments And Cash
InvestmentsAndCash
15058996000
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
167713000
CY2014Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
12823612000
CY2014Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
14494537000
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
15961000
CY2014Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
322898000
CY2014Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
10449000
CY2014Q4 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries
825000000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
963368000
CY2014Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
576779000
CY2014Q4 us-gaap Other Receivables
OtherReceivables
543988000
CY2014Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
78622000
CY2014Q4 us-gaap Other Assets
OtherAssets
493495000
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
139000000
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
112724000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
195358000
CY2014Q4 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
3471781000
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3036000
CY2014Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
-152999000
CY2014Q4 us-gaap Assets
Assets
20214730000
CY2014Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
776000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
535088000
CY2014Q4 us-gaap Deferred Advertising Costs
DeferredAdvertisingCosts
1150000000
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-1796337000
CY2014Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
38809000
CY2014Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
8700000
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
15882000
CY2014Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
12824388000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1062424000
CY2014Q4 us-gaap Cash
Cash
66019000
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
268663000
CY2014Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
204879000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
198639000
CY2014Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
14493060000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
477616000
CY2014Q4 us-gaap Investments
Investments
14992977000
CY2014Q4 tmk Proportion Of Banking Industry Concentration At Fair Value In Corporate Portfolio
ProportionOfBankingIndustryConcentrationAtFairValueInCorporatePortfolio
0.06 pure
CY2014Q4 tmk Investment In Low Income Housing Tax Entities Carrying Value
InvestmentInLowIncomeHousingTaxEntitiesCarryingValue
318000000
CY2014Q4 tmk Purchase Commitments Under Low Income Housing Program Thereafter
PurchaseCommitmentsUnderLowIncomeHousingProgramThereafter
7000000
CY2014Q4 tmk Entire Portfolio Number Of Issues Of Fixed Maturities And Equities
EntirePortfolioNumberOfIssuesOfFixedMaturitiesAndEquities
1604 Issues
CY2014Q4 tmk Proportion Of Oil And Gas Industry Concentration At Fair Value In Corporate Portfolio
ProportionOfOilAndGasIndustryConcentrationAtFairValueInCorporatePortfolio
0.05 pure
CY2014Q4 tmk Liability For Closed Supplemental Retirement Pension Plan
LiabilityForClosedSupplementalRetirementPensionPlan
3000000
CY2014Q4 tmk Purchase Commitments Under Low Income Housing Program
PurchaseCommitmentsUnderLowIncomeHousingProgram
76000000
CY2014Q4 tmk Available For Sale Securities Debt Maturities After Twenty Years Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesAfterTwentyYearsAmortizedCostBasis
7473762000
CY2014Q4 tmk Percent Of Pension Assets
PercentOfPensionAssets
1.00 pure
CY2014Q4 tmk Percentage Of Portfolio In Financial Assets At Fair Value
PercentageOfPortfolioInFinancialAssetsAtFairValue
0.25 pure
CY2014Q4 tmk Obligations Under Future Commitments For Low Income Housing Interests
ObligationsUnderFutureCommitmentsForLowIncomeHousingInterests
76000000
CY2014Q4 tmk Business Segment Liability For Future Policy Benefits Unearned Premium And Unpaid Claims
BusinessSegmentLiabilityForFuturePolicyBenefitsUnearnedPremiumAndUnpaidClaims
13265435000
CY2014Q4 tmk Proportion Of Mining Industry Concentration At Fair Value In Corporate Portfolio
ProportionOfMiningIndustryConcentrationAtFairValueInCorporatePortfolio
0.03 pure
CY2014Q4 tmk Stock Based Compensation Restricted Stock Units Outstanding Shares
StockBasedCompensationRestrictedStockUnitsOutstandingShares
98039 shares
CY2014Q4 tmk Level Three Proportion To Fixed Maturities And Equity Securities
LevelThreeProportionToFixedMaturitiesAndEquitySecurities
0.040 pure
CY2014Q4 tmk Proportion Of Policy Loans In Investment Portfolio
ProportionOfPolicyLoansInInvestmentPortfolio
0.03 pure
CY2014Q4 tmk Deferred Tax Assets Fixed Maturity Investments
DeferredTaxAssetsFixedMaturityInvestments
12925000
CY2014Q4 tmk Mortgage Backed And Asset Backed Securities At Amortized Cost
MortgageBackedAndAssetBackedSecuritiesAtAmortizedCost
91739000
CY2014Q4 tmk Amortized Cost Of Investment In Fixed Maturities Rated Below Investment Grade
AmortizedCostOfInvestmentInFixedMaturitiesRatedBelowInvestmentGrade
561000000
CY2014Q4 tmk Proportion Of Pipelines Industry Concentration At Fair Value In Corporate Portfolio
ProportionOfPipelinesIndustryConcentrationAtFairValueInCorporatePortfolio
0.07 pure
CY2014Q4 tmk Available For Sale Securities Debt Maturities After Ten Through Twenty Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenThroughTwentyYearsAmortizedCost
3621769000
CY2014Q4 tmk Purchase Commitments Under Low Income Housing Program Due Within One Year
PurchaseCommitmentsUnderLowIncomeHousingProgramDueWithinOneYear
44000000
CY2014Q4 tmk Deferred Tax Liabilities Insurance Liabilities
DeferredTaxLiabilitiesInsuranceLiabilities
331408000
CY2014Q4 tmk Fair Value Of Investment In Fixed Maturities Rated Below Investment Grade
FairValueOfInvestmentInFixedMaturitiesRatedBelowInvestmentGrade
550000000
CY2014Q4 tmk Insurance Cash Value And Rabbi Trust Investments Supporting Supplemental Pension Plan Liability
InsuranceCashValueAndRabbiTrustInvestmentsSupportingSupplementalPensionPlanLiability
74000000
CY2014Q4 tmk Proportion Of Electric Industry Concentration At Fair Value In Corporate Portfolio
ProportionOfElectricIndustryConcentrationAtFairValueInCorporatePortfolio
0.17 pure
CY2014Q4 tmk Proportion Of Insurance Industry Concentration At Fair Value In Corporate Portfolio
ProportionOfInsuranceIndustryConcentrationAtFairValueInCorporatePortfolio
0.18 pure
CY2014Q4 tmk Proportion Of Below Investment Grade Securities At Fair Value In Investment Portfolio
ProportionOfBelowInvestmentGradeSecuritiesAtFairValueInInvestmentPortfolio
0.04 pure
CY2014Q4 tmk Percent Of Available For Sale Securities At Fair Value By Valuation Level
PercentOfAvailableForSaleSecuritiesAtFairValueByValuationLevel
1.000 pure
CY2014Q4 tmk Proportion Of State And Municipal Government Securities At Fair Value Invested In Selected States
ProportionOfStateAndMunicipalGovernmentSecuritiesAtFairValueInvestedInSelectedStates
0.05 pure
CY2014Q4 tmk Proportion Of Reit Industry Concentration At Fair Value In Corporate Portfolio
ProportionOfReitIndustryConcentrationAtFairValueInCorporatePortfolio
0.03 pure
CY2014Q4 tmk Proportion Of Transportation Industry Concentration At Fair Value In Corporate Portfolio
ProportionOfTransportationIndustryConcentrationAtFairValueInCorporatePortfolio
0.05 pure
CY2014Q4 tmk Insurance Cash Value Of Supplemental Pension Plan
InsuranceCashValueOfSupplementalPensionPlan
24000000
CY2014Q4 tmk Percentage Of Portfolio In Financial Assets At Amortized Cost
PercentageOfPortfolioInFinancialAssetsAtAmortizedCost
0.24 pure
CY2014Q4 tmk Proportion Of Securities At Fair Value In Investment Portfolio
ProportionOfSecuritiesAtFairValueInInvestmentPortfolio
1.00 pure
CY2014Q4 tmk Surplus Adequate To Satisfy Regulatory Compliance
SurplusAdequateToSatisfyRegulatoryCompliance
439000000
CY2014Q4 tmk Purchase Commitments Under Low Income Housing Program Due In Second Year
PurchaseCommitmentsUnderLowIncomeHousingProgramDueInSecondYear
19000000
CY2014Q4 tmk Proportion Of State And Municipal Governments Securities At Fair Value In Investment Portfolio
ProportionOfStateAndMunicipalGovernmentsSecuritiesAtFairValueInInvestmentPortfolio
0.10 pure
CY2014Q4 tmk Proportion Of Chemicals Industry Concentration At Fair Value In Corporate Portfolio
ProportionOfChemicalsIndustryConcentrationAtFairValueInCorporatePortfolio
0.04 pure
CY2014Q4 tmk Proportion Of Government Sponsored Enterprises At Fair Value In Investment Portfolio
ProportionOfGovernmentSponsoredEnterprisesAtFairValueInInvestmentPortfolio
0.02 pure
CY2014Q4 tmk Purchase Commitments Under Low Income Housing Program Due In Third Year
PurchaseCommitmentsUnderLowIncomeHousingProgramDueInThirdYear
6000000
CY2014Q4 tmk Par Value Of Investment In Fixed Maturities Rated Below Investment Grade
ParValueOfInvestmentInFixedMaturitiesRatedBelowInvestmentGrade
635000000
CY2014Q4 tmk Percentage Of Stock Dividend Payable To Stockholders As Per Three For Two Split Of Common Stock
PercentageOfStockDividendPayableToStockholdersAsPerThreeForTwoSplitOfCommonStock
0.50 pure
CY2014Q4 tmk Other Assets Related To Business Segments
OtherAssetsRelatedToBusinessSegments
1037483000
CY2014Q4 tmk Proportion Of Investment Grade Corporate Securities At Fair Value In Investment Portfolio
ProportionOfInvestmentGradeCorporateSecuritiesAtFairValueInInvestmentPortfolio
0.81 pure
CY2014Q4 tmk Available For Sale Securities Net Unrealized Gain Loss
AvailableForSaleSecuritiesNetUnrealizedGainLoss
1700000000
CY2014Q4 tmk Available For Sale Securities Debt Maturities After Twenty Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTwentyYearsFairValue
8439509000
CY2014Q4 tmk Available For Sale Securities Debt Maturities After Ten Through Twenty Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenThroughTwentyYearsFairValue
4168982000
CY2014Q4 tmk Mortgage Backed And Asset Backed Securities At Fair Value
MortgageBackedAndAssetBackedSecuritiesAtFairValue
88418000
CY2014Q4 tmk Deferred Tax Liabilities Tax Deferred Expense Compensation And Benefits
DeferredTaxLiabilitiesTaxDeferredExpenseCompensationAndBenefits
74088000
CY2014Q4 tmk Available For Sale Securities Amount Per Balance Sheet
AvailableForSaleSecuritiesAmountPerBalanceSheet
14494537000
CY2014Q4 tmk Proportion Of Gas Utilities Concentration At Fair Value In Corporate Portfolio
ProportionOfGasUtilitiesConcentrationAtFairValueInCorporatePortfolio
0.03 pure
CY2012Q4 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
23310000
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.79
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
31050 shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
24.97
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1916900 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.37
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.308 pure
CY2013 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P11M16D
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1119280000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
182793 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0110 pure
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y7M13D
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
8300000 shares
CY2013 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
7500000 shares
CY2013 us-gaap Deferred Policy Acquisition Costs Period Increase Decrease
DeferredPolicyAcquisitionCostsPeriodIncreaseDecrease
522000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.011 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.004 pure
CY2013 us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0.009 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
32.33
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y1M10D
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139563785 shares
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.84
CY2013 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0033 pure
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y5M27D
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
128109 shares
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.385 pure
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2013 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
238488 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3917757 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
137646885 shares
CY2013 us-gaap Premiums Earned Net Other Insurance
PremiumsEarnedNetOtherInsurance
532000
CY2013 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1143840000
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1742000
CY2013 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3107000
CY2013 us-gaap Gross Profit
GrossProfit
755136000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
6697000
CY2013 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1144431000
CY2013 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-17970000
CY2013 us-gaap Payments Of Dividends
PaymentsOfDividends
60911000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
18366000
CY2013 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-716918000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-714294000
CY2013 us-gaap Gross Investment Income Operating
GrossInvestmentIncomeOperating
744969000
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-1183652000
CY2013 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
274435000
CY2013 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
636150000
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
265000
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
118991000
CY2013 us-gaap Premiums Earned Net Life
PremiumsEarnedNetLife
1885332000
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0
CY2013 us-gaap Other Income
OtherIncome
1931000
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-768171000
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
788804000
CY2013 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
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0
CY2013 us-gaap Insurance Commissions And Fees
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CY2013 us-gaap Gain Loss On Disposition Of Assets
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7990000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
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0
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CY2013 us-gaap Supplementary Insurance Information Premium Revenue
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52296000
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-50900000
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0
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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27972000
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591000
CY2013 us-gaap Payments For Repurchase Of Common Stock
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0
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-24732000
CY2013 us-gaap Net Investment Income
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709743000
CY2013 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
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340140000
CY2013 us-gaap Direct Premiums Earned
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3010959000
CY2013 us-gaap Assumed Premiums Earned
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26960000
CY2013 us-gaap Statutory Accounting Practices Statutory Net Income Amount
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572509000
CY2013 us-gaap Revenues
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3771938000
CY2013 us-gaap Premiums Earned Net Accident And Health
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1166410000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
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11168000
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-20440000
CY2013 us-gaap Net Income Loss
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528472000
CY2013 us-gaap Interest Paid
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81322000
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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25642000
CY2013 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
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8975000
CY2013 us-gaap Realized Investment Gains Losses
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7990000
CY2013 us-gaap Premiums Earned Net
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3052274000
CY2013 us-gaap Payments For Proceeds From Policy Loans
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24837000
CY2013 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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2276000
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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-2962000
CY2013 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
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75897000
CY2013 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
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10668000
CY2013 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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21314000
CY2013 us-gaap Allocated Share Based Compensation Expense
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25642000
CY2013 us-gaap Ceded Premiums Earned
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7769000
CY2013 us-gaap Deferred Income Tax Expense Benefit
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58227000
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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6250000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
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3084000
CY2013 us-gaap Interest Expense
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80461000
CY2013 us-gaap Policyholder Benefits And Claims Incurred Health Care
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817687000
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-708896000
CY2013 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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133463000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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21315000
CY2013 us-gaap Increase Decrease In Future Policy Benefit Reserves
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578217000
CY2013 us-gaap Litigation Settlement Expense
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9125000
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-415481000
CY2013 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
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14000000
CY2013 us-gaap Stock Repurchased During Period Value
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360000000
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
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482264000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-24767000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
267094000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
234654000
CY2013 us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
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-173412000
CY2013 us-gaap Net Change Annuities And Investment Certificates
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-21808000
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4100000
CY2013 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
1333000
CY2013 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0
CY2013 us-gaap Depreciation
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6400000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-535919000
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-1220000
CY2013 us-gaap Proceeds From Repayments Of Short Term Debt
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3983000
CY2013 us-gaap Proceeds From Issuance Of Common Stock
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97816000
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
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570000
CY2013 us-gaap Cash Dividends Paid To Parent Company By Consolidated Subsidiaries
CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries
488376000
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3373000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
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-50805000
CY2013 us-gaap Impairment Of Investments
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2678000
CY2013 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
35226000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-614378000
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-45930000
CY2013 us-gaap Proceeds From Stock Options Exercised
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97815000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
176427000
CY2013 us-gaap Defined Benefit Plan Contributions By Employer
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10300000
CY2013 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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33122000
CY2013 us-gaap Income Tax Examination Interest Expense
IncomeTaxExaminationInterestExpense
0
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
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0
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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-16090000
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-70662000
CY2013 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-386752000
CY2013 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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642681000
CY2013 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-2624000
CY2013 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
3008812000
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
180053000
CY2013 us-gaap Increase Decrease In Other Policyholder Funds
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-6006000
CY2013 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
2088846000
CY2013 us-gaap Policyholder Benefits And Claims Incurred Other
PolicyholderBenefitsAndClaimsIncurredOther
43302000
CY2013 us-gaap Present Value Of Future Insurance Profits Additions From Acquisitions
PresentValueOfFutureInsuranceProfitsAdditionsFromAcquisitions
8489000
CY2013 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
493885000
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
25642000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
72793000
CY2013 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
403389000
CY2013 us-gaap Deferred Policy Acquisition Costs Additions
DeferredPolicyAcquisitionCostsAdditions
-524263000
CY2013 us-gaap Dividends Common Stock
DividendsCommonStock
61991000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
129755000
CY2013 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
214690000
CY2013 tmk Life Insurance In Force Assumed From Other Companies
LifeInsuranceInForceAssumedFromOtherCompanies
3882237000
CY2013 tmk Net Income Loss Increase Decrease
NetIncomeLossIncreaseDecrease
-852000
CY2013 tmk Other Comprehensive Income Gain Loss On Deferred Acquisition Costs Period Increase Decrease Tax
OtherComprehensiveIncomeGainLossOnDeferredAcquisitionCostsPeriodIncreaseDecreaseTax
5217000
CY2013 tmk Investment In Low Income Housing Interests
InvestmentInLowIncomeHousingInterests
51176000
CY2013 tmk Required Interest On Policy Reserves
RequiredInterestOnPolicyReserves
0
CY2013 tmk Net Change In Payable Or Receivable For Securities
NetChangeInPayableOrReceivableForSecurities
43987000
CY2013 tmk Share Based Compensation Arrangement By Share Based Payment Award Available For Grant Restricted Stock Expired And Forfeited
ShareBasedCompensationArrangementByShareBasedPaymentAwardAvailableForGrantRestrictedStockExpiredAndForfeited
9625 shares
CY2013 tmk Deferred Policy Acquisition Cost Foreign Exchange Adjustment Deductions
DeferredPolicyAcquisitionCostForeignExchangeAdjustmentDeductions
5051000
CY2013 tmk Low Income Housing Investments
LowIncomeHousingInvestments
32417000
CY2013 tmk Business Combination Acquisition Related Costs Net Of Taxes Increase Decrease
BusinessCombinationAcquisitionRelatedCostsNetOfTaxesIncreaseDecrease
-1914000
CY2013 tmk Insurance Premium Paid For Supplemental Pension Plan
InsurancePremiumPaidForSupplementalPensionPlan
2900000
CY2013 tmk Product Premium As Percentage Of Segment Premium
ProductPremiumAsPercentageOfSegmentPremium
1.00 pure
CY2013 tmk Cash Settlement Of Equity Based Awards
CashSettlementOfEquityBasedAwards
0
CY2013 tmk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Amortization
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAmortization
2786000
CY2013 tmk Segment Reporting Reconciling Items Realized Gains Losses On Investments Net Of Tax Increase Decrease
SegmentReportingReconcilingItemsRealizedGainsLossesOnInvestmentsNetOfTaxIncreaseDecrease
-20626000
CY2013 tmk Segment Reporting Reconciling Items Administrative Settlement Increase Decrease
SegmentReportingReconcilingItemsAdministrativeSettlementIncreaseDecrease
0
CY2013 tmk Realized Gains Losses From Investments Applicable Tax
RealizedGainsLossesFromInvestmentsApplicableTax
4025000
CY2013 tmk Deferred Policy Acquisition Cost Other Expenses
DeferredPolicyAcquisitionCostOtherExpenses
193203000
CY2013 tmk Segment Reporting Applicable Taxes Increase Decrease Percentage
SegmentReportingApplicableTaxesIncreaseDecreasePercentage
0.05 pure
CY2013 tmk Shares Repurchased For Dilution Purposes Shares
SharesRepurchasedForDilutionPurposesShares
2800000 shares
CY2013 tmk Shares Repurchased For Dilution Purposes Amount
SharesRepurchasedForDilutionPurposesAmount
122000000
CY2013 tmk Effective Income Tax Rate Reconciliation Low Income Housing Investments
EffectiveIncomeTaxRateReconciliationLowIncomeHousingInvestments
0.042 pure
CY2013 tmk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Adjustments
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherAdjustments
-2121000
CY2013 tmk Segment Reporting Applicable Taxes Increase Decrease
SegmentReportingApplicableTaxesIncreaseDecrease
11192000
CY2013 tmk Segment Revenues Excluding Realized Investment Gains Losses
SegmentRevenuesExcludingRealizedInvestmentGainsLosses
3763948000
CY2013 tmk Adjustment To Options For Stock Split Weighted Average Exercise Price
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0.00
CY2013 tmk Unqualified Supplemental Retirement Pension Plan Liability
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58000000
CY2013 tmk State Guaranty Fund Assessment After Tax
StateGuarantyFundAssessmentAfterTax
751000
CY2013 tmk Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Of Tax
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0
CY2013 tmk Temporary Impairment Losses Investments Portion Recognized In Other Comprehensive Income Loss Net Of Tax
TemporaryImpairmentLossesInvestmentsPortionRecognizedInOtherComprehensiveIncomeLossNetOfTax
0
CY2013 tmk Income Tax Expense Benefit Applicable To Segment Profitability
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258137000
CY2013 tmk Segment Reporting Segment Profit Increase Decrease
SegmentReportingSegmentProfitIncreaseDecrease
35212000
CY2013 tmk Holdings At End Of Period Of Private Placement Corporate Bonds Managed By Third Party
HoldingsAtEndOfPeriodOfPrivatePlacementCorporateBondsManagedByThirdParty
313000000
CY2013 tmk Liability For Unpaid Claims Assumed Due To Acquisition Of Subsidiary
LiabilityForUnpaidClaimsAssumedDueToAcquisitionOfSubsidiary
0
CY2013 tmk Net Income Loss Increase Decrease Percentage
NetIncomeLossIncreaseDecreasePercentage
0.00 pure
CY2013 tmk Premiums Earned Net Excluding Policy Charges
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3030150000
CY2013 tmk Defined Benefit Plan Amortization Net
DefinedBenefitPlanAmortizationNet
18366000
CY2013 tmk Adjustment To Options For Stock Split
AdjustmentToOptionsForStockSplit
0 shares
CY2013 tmk Parent Expense
ParentExpense
8995000
CY2013 tmk Segment Reporting Segment Profitability Increase Decrease Percentage
SegmentReportingSegmentProfitabilityIncreaseDecreasePercentage
0.05 pure
CY2013 tmk Noncash Commitments For Low Income Housing Interests
NoncashCommitmentsForLowIncomeHousingInterests
42525000
CY2013 tmk Amortization Of Low Income Housing Interests
AmortizationOfLowIncomeHousingInterests
24907000
CY2013 tmk Cash Deposited Into Rabbi Trust
CashDepositedIntoRabbiTrust
6000000
CY2013 tmk Deferred Policy Acquisition Cost Deductions
DeferredPolicyAcquisitionCostDeductions
408440000
CY2013 tmk Segment Reporting Reconciling Items Net Proceeds Or Cost From Legal Settlements After Tax
SegmentReportingReconcilingItemsNetProceedsOrCostFromLegalSettlementsAfterTax
5931000
CY2013 tmk Realized Gains Losses From Investments Net Of Tax
RealizedGainsLossesFromInvestmentsNetOfTax
3965000
CY2013 tmk Segment Reporting Profit After Tax
SegmentReportingProfitAfterTax
530667000
CY2013 tmk State Guaranty Fund Assessment Pretax
StateGuarantyFundAssessmentPretax
1155000
CY2013 tmk Other Comprehensive Income Gain Loss On Deferred Acquisition Costs Period Increase Decrease Before Tax
OtherComprehensiveIncomeGainLossOnDeferredAcquisitionCostsPeriodIncreaseDecreaseBeforeTax
14906000
CY2013 tmk Segment Reporting Reconciling Items Realized Gains Losses On Investments Net Of Tax
SegmentReportingReconcilingItemsRealizedGainsLossesOnInvestmentsNetOfTax
3965000
CY2013 tmk Deferred Policy Acquisition Cost Foreign Exchange Adjustment Additions
DeferredPolicyAcquisitionCostForeignExchangeAdjustmentAdditions
0
CY2013 tmk Deferred Policy Acquisition Cost Commissions
DeferredPolicyAcquisitionCostCommissions
331060000
CY2013 tmk Policyholder Benefits And Claims Incurred Life
PolicyholderBenefitsAndClaimsIncurredLife
1227857000
CY2013 tmk Writedown Of Real Estate
WritedownOfRealEstate
2700000
CY2013 tmk Capitalized Investment Income
CapitalizedInvestmentIncome
806000
CY2013 tmk Life Insurance In Force Ceded To Other Companies
LifeInsuranceInForceCededToOtherCompanies
782125000
CY2013 tmk Non Deferred Acquisition Costs And Premium Taxes
NonDeferredAcquisitionCostsAndPremiumTaxes
221426000
CY2013 tmk Deferred Policy Acquisition Costs All Additions
DeferredPolicyAcquisitionCostsAllAdditions
547658000
CY2013 tmk Share Based Compensation Arrangement By Share Based Payment Award Available For Grant Options Expired And Forfeited
ShareBasedCompensationArrangementByShareBasedPaymentAwardAvailableForGrantOptionsExpiredAndForfeited
128109 shares
CY2013 tmk Direct Response Advertising Costs Charged To Earnings During Period
DirectResponseAdvertisingCostsChargedToEarningsDuringPeriod
6000000
CY2013 tmk Additional Performance Shares
AdditionalPerformanceShares
94800 shares
CY2013 tmk Required Interest On Deferred Acquisition Costs
RequiredInterestOnDeferredAcquisitionCosts
0
CY2013 tmk Other Comprehensive Income Gain Loss On Deferred Acquisition Costs Period Increase Decrease Net Of Tax
OtherComprehensiveIncomeGainLossOnDeferredAcquisitionCostsPeriodIncreaseDecreaseNetOfTax
9689000
CY2013 tmk Deferred Policy Acquisition Cost Adjustment For Unrealized Investment Gains
DeferredPolicyAcquisitionCostAdjustmentForUnrealizedInvestmentGains
0
CY2013 tmk Deferred Policy Acquisition Cost Adjustment For Unrealized Investment Losses
DeferredPolicyAcquisitionCostAdjustmentForUnrealizedInvestmentLosses
14906000
CY2013 tmk Net Adjustment To Medicare Part D Interim Segment Results Pretax
NetAdjustmentToMedicarePartDInterimSegmentResultsPretax
0
CY2013 tmk Segment Reporting Reconciling Items Administrative Settlement Net Of Tax
SegmentReportingReconcilingItemsAdministrativeSettlementNetOfTax
0
CY2013 tmk Segment Reporting Reconciling Items Net Proceeds Or Cost From Legal Settlements Net Of Tax Increase Decrease
SegmentReportingReconcilingItemsNetProceedsOrCostFromLegalSettlementsNetOfTaxIncreaseDecrease
-5931000
CY2013 tmk Business Combination Acquisition Related Costs Net Of Taxes
BusinessCombinationAcquisitionRelatedCostsNetOfTaxes
0
CY2013 tmk Deferred Policy Acquisition Cost Amortization Expense After Tax
DeferredPolicyAcquisitionCostAmortizationExpenseAfterTax
-522000
CY2013 tmk Segment Reporting Reconciling Items State Guaranty Fund Assessment After Tax
SegmentReportingReconcilingItemsStateGuarantyFundAssessmentAfterTax
751000
CY2013 tmk Segment Reporting Profit After Tax Increase Decrease
SegmentReportingProfitAfterTaxIncreaseDecrease
24020000
CY2013 tmk Segment Reporting Reconciling Items Guaranty Fund Assessment Net Of Tax Increase Decrease
SegmentReportingReconcilingItemsGuarantyFundAssessmentNetOfTaxIncreaseDecrease
-751000
CY2013 tmk Segment Reporting Profit After Tax Increase Decrease Percentage
SegmentReportingProfitAfterTaxIncreaseDecreasePercentage
0.05 pure
CY2013 tmk Liabilities For Unpaid Claims Incurred Current Year1
LiabilitiesForUnpaidClaimsIncurredCurrentYear1
-720490000
CY2013 tmk Liabilities For Unpaid Claims Prior Year1
LiabilitiesForUnpaidClaimsPriorYear1
11594000
CY2013 tmk Payments For Unpaid Claim Liabilities During Period
PaymentsForUnpaidClaimLiabilitiesDuringPeriod
-712047000
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.09
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
10200 shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
25.47
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Registrant Name
EntityRegistrantName
TORCHMARK CORP
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014 dei Trading Symbol
TradingSymbol
TMK
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1918506 shares
CY2014 us-gaap Deferred Policy Acquisition Costs Text Block1
DeferredPolicyAcquisitionCostsTextBlock1
<div> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: ARIAL" size="2"><b>Note 5&#x2014;Deferred Acquisition Costs</b></font></p> <p style="MARGIN-BOTTOM: -6px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font size="1">&#xA0;</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 0px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: ARIAL" size="2">An analysis of deferred acquisition costs is as follows:</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font size="1">&#xA0;</font></p> <table style="FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr> <td width="66%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: ARIAL" size="2"><b>&#xA0;&#xA0;&#xA0;&#xA0;2014&#xA0;&#xA0;&#xA0;&#xA0;</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: ARIAL" size="2"><b>2013</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: ARIAL" size="2"><b>2012</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Balance at beginning of year</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">3,337,649</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">3,198,431</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">2,916,732</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 2em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Additions:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Deferred during period:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 4em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Commissions</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">361,358</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">331,060</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">312,581</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 4em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Other expenses</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">205,913</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">193,203</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">168,237</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Total deferred</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">567,271</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">524,263</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">480,818</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Value of insurance purchased during year</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">8,489</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">175,257</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Foreign exchange adjustment</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">3,557</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Adjustment attributable to unrealized investment losses</font><font style="FONT-FAMILY: ARIAL" size="1"><sup style="VERTICAL-ALIGN: baseline; POSITION: relative; BOTTOM: 0.8ex">(1)</sup></font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">14,906</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">7,234</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Total additions</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">567,271</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">547,658</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">666,866</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1pt"> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 2em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Deductions:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Amortized during period</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">(418,772</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">(403,389</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">(385,167</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">)&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Foreign exchange adjustment</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">(8,167</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">(5,051</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Adjustment attributable to unrealized investment gains</font><font style="FONT-FAMILY: ARIAL" size="1"><sup style="VERTICAL-ALIGN: baseline; POSITION: relative; BOTTOM: 0.8ex">(1)</sup></font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">(6,200</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 5em; 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WHITE-SPACE: normal; BORDER-BOTTOM: rgb(0,0,0) 0.5pt solid; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium/8px 'Times New Roman'; MARGIN-TOP: 0px; LETTER-SPACING: normal; WIDTH: 125px; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="2%" align="left"><font style="FONT-FAMILY: ARIAL" size="1">(1)</font></td> <td valign="top" width="1%"><font size="1">&#xA0;</font></td> <td valign="top" align="left"><font style="FONT-FAMILY: ARIAL" size="1">Represents amounts pertaining to investments relating to universal life-type products.</font></td> </tr> </table> </div>
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.77
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y7M24D
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0089 pure
CY2014 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 us-gaap Contracts In Force Subject To Participation Through Reinsurance Percentage
ContractsInForceSubjectToParticipationThroughReinsurancePercentage
0.001 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.303 pure
CY2014 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P10M28D
CY2014 us-gaap Life Insurance Assumed Ratio
LifeInsuranceAssumedRatio
0.022 pure
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
864708000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
109678 shares
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
7200000 shares
CY2014 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
17000000 shares
CY2014 us-gaap Deferred Policy Acquisition Costs Period Increase Decrease
DeferredPolicyAcquisitionCostsPeriodIncreaseDecrease
-522000
CY2014 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2019-07-16
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.019 pure
CY2014 dei Document Period End Date
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2014-12-31
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.004 pure
CY2014 us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0.008 pure
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
132640244 shares
CY2014 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
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<div> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 0px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: ARIAL" size="2">Activity in the liability for unpaid health claims is summarized as follows:</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font size="1">&#xA0;</font></p> <table style="FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="75%" align="center" border="0"> <tr> <td width="67%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: ARIAL" size="2"><b>Year Ended December 31,</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: ARIAL" size="2"><b>&#xA0;&#xA0;&#xA0;&#xA0;2014&#xA0;&#xA0;&#xA0;&#xA0;</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: ARIAL" size="2"><b>&#xA0;&#xA0;&#xA0;&#xA0;2013&#xA0;&#xA0;&#xA0;&#xA0;</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: ARIAL" size="2"><b>&#xA0;&#xA0;&#xA0;&#xA0;2012&#xA0;&#xA0;&#xA0;&#xA0;</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 1em; 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TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Prior years</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">(23,106</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">(11,594</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">(17,531</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">)&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 1em; 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TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Paid related to:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 2em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Current year</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">725,386</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">636,150</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">627,495</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 2em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: ARIAL" size="2">Prior years</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">59,714</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">75,897</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="2">70,255</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 1em; 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0.01 pure
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CY2014 tmk Effective Income Tax Rate Reconciliation Low Income Housing Investments
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CY2014 tmk Maximum Allowed Investment Percentage In Any Single Issuer In Pension Plan Assets At Time Of Purchase
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CY2014 tmk Segment Reporting Applicable Taxes Increase Decrease
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CY2014 tmk Segment Revenues Excluding Realized Investment Gains Losses
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CY2014 tmk Stock Split Date Of Payment
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CY2014 tmk Temporary Impairment Losses Investments Portion Recognized In Other Comprehensive Income Loss Net Of Tax
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CY2014 tmk Number Of Guarantees
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CY2014 tmk Defined Benefit Plan Amortization Net
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CY2014 tmk Adjustment To Options For Stock Split
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CY2014 tmk Amortization Of Low Income Housing Interests
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CY2014 tmk Policyholder Benefits And Claims Incurred Life
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CY2014 tmk Life Insurance In Force Ceded To Other Companies
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CY2014 tmk Non Deferred Acquisition Costs And Premium Taxes
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CY2014 tmk Deferred Policy Acquisition Costs All Additions
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CY2014 tmk Share Based Compensation Arrangement By Share Based Payment Award Available For Grant Options Expired And Forfeited
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CY2014 tmk Additional Performance Shares
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CY2014 tmk Required Interest On Deferred Acquisition Costs
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CY2014 tmk Deferred Policy Acquisition Cost Adjustment For Unrealized Investment Gains
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CY2014 tmk Net Adjustment To Medicare Part D Interim Segment Results Pretax
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CY2014 tmk Ratio By Which Each Grant Of Restricted Stock Reduces Shares Available For Options
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CY2014 tmk Business Combination Acquisition Related Costs Net Of Taxes
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CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0.394 pure
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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559000
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2146000
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