Schedule I - Summary of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2015

Schedule I — Summary of Investments — Other Than Investments in Related Parties
December 31, 2015

Type of Investment	Cost		Value		Amount as shown in the consolidated statement of financial position
	(in millions)
Fixed maturities, available-for-sale:
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	1,488.4	$	1,503.5	$	1,503.5
States, municipalities and political subdivisions		4,501.8		4,717.1		4,717.1
Foreign governments		669.8		793.3		793.3
Public utilities		3,860.2		3,503.5		3,503.5
Convertibles and bonds with warrants attached		39.4		—		—
Redeemable preferred stock		56.7		59.1		59.1
All other corporate bonds		26,289.2		27,577.6		27,577.6
Residential mortgage-backed securities		2,549.4		2,627.5		2,627.5
Commercial mortgage-backed securities		3,932.5		3,919.8		3,919.8
Collateralized debt obligations		692.7		667.5		667.5
Other debt obligations		4,594.2		4,597.6		4,597.6

Total fixed maturities, available-for-sale		48,674.3		49,966.5		49,966.5
Fixed maturities, trading		686.8		686.8		686.8
Equity securities, available-for-sale:
Banks, trust and insurance companies		48.3		35.5		35.5
Industrial, miscellaneous and all other		4.1		4.8		4.8
Non-redeemable preferred stock		58.8		64.2		64.2

Total equity securities, available-for-sale		111.2		104.5		104.5
Equity securities, trading		1,202.7		1,202.7		1,202.7
Mortgage loans (1)		12,391.1		XXXX		12,339.4
Real estate, net:
Real estate acquired in satisfaction of debt (2)		119.1		XXXX		113.8
Other real estate		1,338.0		XXXX		1,338.0
Policy loans		817.1		XXXX		817.1
Other investments (3)		3,252.4		XXXX		3,251.7

Total investments	$	68,592.7		XXXX	$	69,820.5


(1)	The amount shown in the consolidated statement of financial position for mortgage loans differs from cost as mortgage loans are generally reported at cost adjusted for amortization of premiums and accrual of discounts, computed using the interest method and net of valuation allowances.
(2)	The amount shown in the consolidated statement of financial position for real estate differs from cost as real estate is generally reported at cost adjusted for valuation allowances.
(3)	The amount shown in the consolidated statement of financial position for other investments differs from cost due to accumulated earnings from minority interests in unconsolidated entities and properties owned jointly with venture partners and operated by the partners. Other investments also includes derivative assets and certain seed money investments and other investment funds, which are reported at fair value, and commercial mortgage loans of consolidated VIEs and equity method real estate investments for which the fair value option was elected.