Parent Holding Company Condensed Financial Information (Tables)

12 Months Ended

Dec. 31, 2014

Parent Holding Company Condensed Financial Information [Abstract]

Condensed Statements Of Income

				Years ended
				December 31,
(In millions)					2014		2013		2012
Revenues:
	Net investment income				$	12.9	$	13.2	$	5.0
	Net capital (losses) gains					(0.8)		0.2		0.1
			Total revenues			12.1		13.4		5.1
Expenses:
	Interest expense					31.7		34.2		39.7
	Operating expenses					0.5		0.9		4.5
			Total expenses			32.2		35.1		44.2
Loss before income taxes and equity in net income of subsidiaries						(20.1)		(21.7)		(39.1)
Income tax benefit						(6.1)		(7.7)		(14.2)
Equity in net income of subsidiaries						233.3		242.5		163.4
Net income						219.3		228.5		138.5
Other comprehensive (loss) income, net of tax:
	Other comprehensive (loss) income from parent					(57.5)		47.0		1.7
	Other comprehensive income (loss) from subsidiaries					37.1		(221.6)		72.5
		Total other comprehensive (loss) income, net of tax				(20.4)		(174.6)		74.2
Comprehensive income					$	198.9	$	53.9	$	212.7

Condensed Balance Sheets

				December 31,
(In millions)				2014		2013
A S S E T S
Cash and cash equivalents				$	70.5	$	125.2
Investment in subsidiaries					2,317.9		2,252.9
Receivable from subsidiaries					0.9		1.5
Subordinated surplus note ("Surplus Note") receivable from subsidiary					250.0		250.0
Other assets					77.9		80.3
			Total assets	$	2,717.2	$	2,709.9
L I A B I L I T I E S A N D S H A R E H O L D E R S’ E Q U I T Y
Liabilities:
	Long-term debt			$	502.9	$	550.0
	Other liabilities				42.5		7.1
		Total liabilities			545.4		557.1
Shareholders’ equity:
		Total shareholders' equity			2,171.8		2,152.8
			Total liabilities and shareholders’ equity	$	2,717.2	$	2,709.9

Condensed Statements Of Cash Flows

				Years ended
				December 31,
(In millions)				2014			2013	2012
Operating:
	Net income			$	219.3	$	228.5	$	138.5
	Adjustments to reconcile net income to net cash provided by operating activities:
		Equity in net income of subsidiaries			(233.3)		(242.5)		(163.4)
		Dividends received from consolidated subsidiaries			423.0		147.0		328.7
		Changes in operating assets and liabilities			(13.4)		23.7		(2.5)
			Net cash provided by operating activities		395.6		156.7		301.3
Investing:
	Capital contributions to subsidiaries				(240.3)		(0.7)		(14.5)
	Return of capital from subsidiaries				27.0		7.8		7.3
	Surplus note receivable from subsidiary				---		---		(250.0)
	Receivables from subsidiaries, net				0.3		(0.3)		3.4
	Investment securities and other				(2.8)		0.2		1.4
			Net cash (used in) provided by investing activities		(215.8)		7.0		(252.4)
Financing:
	Issuance and repurchase of common stock, net				(132.7)		(29.7)		0.9
	Repayment of debt				(47.1)		---		(250.0)
	Issuance of debt, net of issuance costs				---		---		246.7
	Dividends paid on common stock				(54.7)		(48.5)		(41.3)
			Net cash used in financing activities		(234.5)		(78.2)		(43.7)
(Decrease) increase in cash and cash equivalents					(54.7)		85.5		5.2
Cash and cash equivalents, beginning of year					125.2		39.7		34.5
Cash and cash equivalents, end of year				$	70.5	$	125.2	$	39.7