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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Insurance policy income $ 2,499.8 $ 2,523.4 $ 2,511.3
Net investment income:      
General account assets 1,179.0 1,140.2 1,079.0
Policyholder and other special-purpose portfolios (163.1) 280.5 143.5
Investment gains (losses):      
Realized investment gains (losses) (17.9) 21.3 (18.4)
Other investment gains (losses) (117.5) (2.2) (17.8)
Total investment gains (losses) (135.4) 19.1 (36.2)
Fee revenue and other income 196.5 159.0 123.5
Total revenues 3,576.8 4,122.2 3,821.1
Benefits and expenses:      
Insurance policy benefits 1,658.3 2,190.7 2,157.9
Interest expense 137.0 95.4 108.8
Amortization 309.6 281.1 268.1
Other operating costs and expenses 954.6 987.3 942.0
Total benefits and expenses 3,059.5 3,554.5 3,476.8
Income before income taxes 517.3 567.7 344.3
Income tax expense (benefit):      
Tax expense on period income 120.5 126.7 76.5
Valuation allowance for deferred tax assets and other tax items 0.0 0.0 (34.0)
Net income $ 396.8 $ 441.0 $ 301.8
Basic:      
Weighted average shares outstanding (in shares) 115,733 128,400 142,096
Net income (in USD per share) $ 3.43 $ 3.43 $ 2.12
Diluted:      
Weighted average shares outstanding (in shares) 117,717 131,126 143,164
Net income (in USD per share) $ 3.37 $ 3.36 $ 2.11