Horace mann educators corporation (HMN)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Investments
Debt Securities, Available-for-sale

5,843

5,791

5,839

5,534

7,798

7,515

7,529

7,475

7,634

7,724

7,630

7,578

7,510

7,456

7,494

7,481

7,216

7,091

7,078

6,897

7,065

6,893

6,793

6,676

6,398

6,009

5,940

5,930

6,143

5,962

5,782

5,694

5,500

5,421

5,307

5,064

4,715

Equity securities at fair value

87

101

105

100

105

111

133

130

131

135

159

156

156

141

137

123

104

99

96

99

105

110

106

109

94

91

86

83

58

53

39

38

27

26

23

25

24

Limited partnership interests

389

383

354

351

330

328

326

273

-

247

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term and other investments

281

361

433

433

323

295

252

352

458

245

547

502

456

401

537

466

504

456

366

388

450

399

406

303

308

438

313

283

223

276

353

216

229

228

249

159

334

Total investments

6,601

6,639

6,732

6,419

8,557

8,250

8,241

8,232

8,224

8,352

8,337

8,237

8,124

7,999

8,169

8,070

7,824

7,648

7,541

7,385

7,621

7,403

7,306

7,089

6,801

6,539

6,340

6,297

6,426

6,292

6,174

5,949

5,757

5,677

5,579

5,249

5,073

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

41

25

39

7

7

11

6

8

23

7

6

16

6

16

53

50

50

15

49

46

43

11

41

44

34

18

45

37

49

15

41

31

35

7

40

38

5

Deferred policy acquisition costs

297

276

269

279

275

298

305

292

280

257

257

256

265

267

225

223

239

253

237

236

211

215

217

209

222

245

233

220

199

196

216

216

218

216

260

271

272

Deposit asset on reinsurance

2,356

2,346

2,342

2,315

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

173

177

181

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

49

49

48

29

57

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

47

Other assets

498

474

410

417

439

422

387

379

352

381

344

341

324

321

321

305

301

292

285

349

285

277

243

240

232

228

227

226

226

217

235

231

228

212

234

230

220

Separate Account (variable annuity) assets

1,954

2,490

2,308

2,310

2,224

2,001

2,292

2,195

2,139

2,151

2,051

1,976

2,011

1,923

1,873

1,768

1,767

1,800

1,741

1,905

1,865

1,813

1,786

1,814

1,745

1,747

1,627

1,525

1,508

1,398

1,405

1,348

1,409

1,273

1,173

1,371

1,375

Total assets

11,972

12,478

12,332

11,779

11,561

11,031

11,280

11,156

11,068

11,198

11,044

10,876

10,779

10,576

10,691

10,466

10,231

10,056

9,903

9,969

10,074

9,768

9,642

9,446

9,083

8,826

8,522

8,355

8,457

8,167

8,122

7,823

7,697

7,435

7,336

7,208

6,996

LIABILITIES AND SHAREHOLDERS’ EQUITY
Policy liabilities
Investment contract and policy reserves

6,273

6,234

6,207

5,776

5,748

5,711

5,690

5,634

5,598

5,573

5,540

5,480

5,502

5,447

5,385

5,274

5,189

5,126

247

243

239

4,802

232

228

224

223

221

218

217

214

213

211

209

208

207

205

202

Fixed annuity contract liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,016

3,928

3,847

-

3,717

3,629

3,564

3,515

3,454

3,366

3,311

3,257

3,170

3,073

3,008

2,945

2,857

2,744

2,614

Interest-sensitive life contract liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

801

798

794

-

788

785

781

777

773

769

765

761

757

753

747

743

738

734

725

Unpaid claims and claim expenses

438

442

412

398

393

396

384

379

358

347

341

352

340

329

332

344

344

323

324

338

340

325

305

302

295

291

296

303

300

289

301

312

298

294

310

331

315

Unearned premiums

266

279

285

270

267

276

274

260

254

260

262

248

240

246

247

233

227

232

234

221

217

223

226

217

214

221

223

211

207

213

214

205

201

208

212

204

211

Total policy liabilities

6,978

6,956

6,905

6,445

6,408

6,384

6,349

6,274

6,211

6,182

6,143

6,081

6,083

6,024

5,965

5,852

5,761

5,683

5,623

5,531

5,438

5,351

5,269

5,163

5,079

5,029

4,969

4,870

4,801

4,736

4,657

4,556

4,465

4,400

4,326

4,219

4,068

Other policyholder funds

716

647

672

821

821

767

722

718

720

724

717

713

711

708

706

698

693

692

612

609

607

606

601

347

347

346

97

99

101

103

107

93

96

114

102

106

112

Other liabilities

412

384

434

403

384

290

314

319

294

341

493

495

403

378

453

482

425

368

380

379

515

422

459

600

475

366

500

516

546

445

481

444

399

352

441

340

321

Short-term debt

135

135

135

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

113

113

38

38

38

38

38

38

38

38

38

38

38

38

38

38

38

38

38

Long-term debt

298

298

297

297

297

297

297

297

297

297

247

247

247

247

247

247

247

246

124

124

199

199

199

199

199

199

199

199

199

199

199

199

199

199

199

199

199

Separate Account (variable annuity) liabilities

1,954

2,490

2,308

2,310

2,224

2,001

2,292

2,195

2,139

2,151

2,051

1,976

2,011

1,923

1,873

1,768

1,767

1,800

1,741

1,905

1,865

1,813

1,786

1,814

1,745

1,747

1,627

1,525

1,508

1,398

1,405

1,348

1,409

1,273

1,173

1,371

1,375

Total liabilities

10,494

10,911

10,753

10,279

10,137

9,741

9,976

9,805

9,663

9,696

9,653

9,514

9,457

9,282

9,246

9,048

8,895

8,792

8,596

8,662

8,664

8,432

8,354

8,163

7,885

7,727

7,433

7,249

7,195

6,921

6,889

6,680

6,608

6,379

6,281

6,275

6,116

Preferred stock, $0.001 par value, authorized 1,000,000 shares; none issued

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

Common stock, $0.001 par value, authorized 75,000,000 shares; issued, 2020, 66,180,077; 2019, 66,088,808

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

Additional paid-in capital

481

480

478

476

474

475

473

470

466

464

462

459

454

453

450

447

444

442

439

437

435

422

420

417

413

407

400

396

390

383

380

378

376

373

372

372

367

Retained earnings

1,357

1,352

1,331

1,318

1,236

1,216

1,248

1,248

1,254

1,231

1,165

1,150

1,159

1,155

1,146

1,131

1,130

1,116

1,105

1,094

1,088

1,065

1,045

1,029

1,018

1,000

974

958

940

921

896

869

861

840

847

828

823

Accumulated other comprehensive income (loss), net of tax:
Net unrealized investment gains on fixed maturity securities

136

230

266

203

210

96

75

125

178

300

255

243

198

175

337

329

244

175

226

223

335

297

270

281

211

133

160

196

374

382

396

334

280

268

257

152

109

Net funded status of benefit plans

10

10

12

12

12

12

13

13

13

13

11

11

11

11

11

11

11

11

12

12

12

12

11

11

11

11

15

15

15

15

16

16

16

16

13

13

13

Treasury stock, at cost, 2020, 24,902,579 shares; 2019, 24,850,484 shares

488

485

485

485

485

485

480

480

480

480

480

479

479

479

479

479

472

457

451

436

436

435

435

434

434

430

430

430

428

426

424

422

414

410

408

408

407

Stockholders' Equity Attributable to Parent

1,477

1,567

1,578

1,499

1,423

1,290

1,304

1,350

1,404

1,501

1,390

1,362

1,321

1,293

1,444

1,417

1,335

1,264

1,307

1,306

1,409

1,336

1,288

1,283

1,197

1,099

1,089

1,106

1,261

1,245

1,232

1,143

1,088

1,055

1,055

932

880

Total liabilities and shareholders’ equity

11,972

12,478

12,332

11,779

11,561

11,031

11,280

11,156

11,068

11,198

11,044

10,876

10,779

10,576

10,691

10,466

10,231

10,056

9,903

9,969

10,074

9,768

9,642

9,446

9,083

8,826

8,522

8,355

8,457

8,167

8,122

7,823

7,697

7,435

7,336

7,208

6,996