XML 125 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Investments [Abstract]    
Fixed maturity securities, available-for-sale at fair value $ 4,028.9 $ 3,391.6
Equity securities 92.5 200.5
Mortgage loans 183.5 137.6
Policy loans 19.1 19.8
Other invested assets 85.0 72.5
Total investments 4,409.0 3,822.0
Cash and cash equivalents 239.0 325.0
Accounts receivable, net 337.8 379.2
Recoverable from reinsurers 953.7 1,000.2
Deferred tax asset 2.7 2.1
Property, plant and equipment, net 405.8 376.3
Goodwill 126.8 171.7
Intangibles, net 227.0 219.2
Other assets 256.5 208.1
Total assets 6,958.3 6,503.8
Liabilities, temporary equity and stockholders’ equity    
Life, accident and health reserves 4,567.1 4,562.1
Annuity reserves 236.4 245.2
Value of business acquired 221.1 244.6
Accounts payable and other current liabilities 339.6 344.9
Deferred tax liability 83.7 30.3
Debt obligations 839.3 743.9
Other liabilities 205.9 110.8
Total liabilities 6,493.1 6,281.8
Commitments and contingencies
Temporary equity    
Preferred stock 10.3 20.3
Redeemable noncontrolling interest 11.3 8.0
Total temporary equity 21.6 28.3
Stockholders’ equity    
Common stock 0.0 0.0
Additional paid-in capital 281.1 260.5
Treasury stock, at cost: 742,824 and 483,579 shares at December 31, 2019 and December 31, 2018, respectively (3.3) (2.6)
Accumulated deficit (96.7) (57.2)
Accumulated other comprehensive income (loss) 168.7 (112.6)
Total HC2 Holdings, Inc. stockholders’ equity 349.8 88.1
Noncontrolling interest 93.8 105.6
Total stockholders’ equity 443.6 193.7
Total liabilities, temporary equity and stockholders’ equity $ 6,958.3 $ 6,503.8