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BUSINESS SEGMENTS (RECONCILIATION OF OPERATING PROFIT (LOSS) FROM SEGMENTS TO CONSOLIDATED) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Segment Reporting [Abstract]                      
Total segment revenues                 $ 3,914.2 $ 3,787.2 $ 3,851.8
Net realized investment gains (losses)                 8.3 (36.6) 33.9
Revenues related to certain non-strategic investments and earnings attributable to VIEs                 52.6 36.3 33.2
Fee revenue related to transition and support services agreements                 10.0 25.0 15.0
Revenues of CLIC prior to being sold                 0.0 0.0 210.8
Total revenues $ 1,004.9 $ 1,015.9 $ 1,003.9 $ 960.4 $ 969.6 $ 904.5 $ 959.5 $ 978.3 3,985.1 3,811.9 4,144.7
Total segment expenses                 3,503.9 3,364.4 3,424.4
Insurance policy benefits - fair value changes in embedded derivative liabilities                 (11.3) (15.7) 48.5
Amortization related to fair value changes in embedded derivative liabilities                 1.7 3.8 (12.5)
Amortization related to net realized investment gains (losses)                 0.7 (0.5) 1.0
Expenses related to certain non-strategic investments and expenses (earnings) attributable to VIEs                 54.6 43.0 41.2
Fair value changes and amendment related to agent deferred compensation plan                 (3.1) (15.1) 26.8
Loss on extinguishment or modification of debt                 0.0 32.8 0.6
Loss on sale of subsidiary, (gain) loss on reinsurance transactions and transition expenses                 75.4 9.0 239.8
Expenses related to transition and support services agreements                 10.0 22.5 12.4
Expenses of CLIC prior to being sold                 0.0 0.0 187.4
Total benefits and expenses                 3,631.9 3,444.2 3,969.6
Income before income taxes 180.7 49.3 82.7 40.5 160.3 52.4 72.7 82.3 353.2 367.7 175.1
Tax expense on period income                 127.8 129.5 159.2
Valuation allowance for deferred tax assets and other tax items                 (132.8) (32.5) (35.5)
Net income $ 234.2 $ 18.6 $ 59.9 $ 45.5 $ 137.3 $ 33.8 $ 46.8 $ 52.8 $ 358.2 $ 270.7 $ 51.4