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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Investments:    
Fixed maturities, available for sale, at fair value (net of allowance for credit losses of $7.6 at September 30, 2020; amortized cost: September 30, 2020 - $19,783.3; December 31, 2019 - $19,179.5) $ 22,702.9 $ 21,295.2
Equity securities at fair value 62.1 44.1
Mortgage loans (net of allowance for credit losses of $12.2 at September 30, 2020) 1,444.9 1,566.1
Policy loans 123.6 124.5
Trading securities 240.3 243.9
Investments held by variable interest entities (net of allowance for credit losses of $22.2 at September 30, 2020; amortized cost: September 30, 2020 - $1,223.7; December 31, 2019 - $1,206.3) 1,172.6 1,188.6
Other invested assets 1,070.6 1,118.5
Total investments 26,817.0 25,580.9
Cash and cash equivalents - unrestricted 735.6 580.0
Cash and cash equivalents held by variable interest entities 51.0 74.7
Accrued investment income 214.4 205.9
Present value of future profits 255.9 275.4
Deferred acquisition costs 1,084.0 1,215.5
Reinsurance receivables (net of allowance for credit losses of $4.0 at September 30, 2020) 4,613.1 4,785.7
Income tax assets, net 322.0 432.6
Assets held in separate accounts 3.9 4.2
Other assets 472.3 476.0
Total assets 34,569.2 33,630.9
Liabilities for insurance products:    
Policyholder account liabilities 12,357.5 12,132.3
Future policy benefits 11,753.1 11,498.5
Liability for policy and contract claims 473.2 522.3
Unearned and advanced premiums 256.8 260.5
Liabilities related to separate accounts 3.9 4.2
Other liabilities 855.8 750.2
Investment borrowings 1,642.9 1,644.3
Borrowings related to variable interest entities 1,152.0 1,152.5
Notes payable – direct corporate obligations 990.1 989.1
Total liabilities 29,485.3 28,953.9
Commitments and Contingencies
Shareholders' equity:    
Common stock ($0.01 par value, 8,000,000,000 shares authorized, shares issued and outstanding: September 30, 2020 – 138,931,352; December 31, 2019 – 148,084,178) 1.4 1.5
Additional paid-in capital 2,623.4 2,767.3
Accumulated other comprehensive income 1,801.6 1,372.5
Retained earnings 657.5 535.7
Total shareholders' equity 5,083.9 4,677.0
Total liabilities and shareholders' equity $ 34,569.2 $ 33,630.9