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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Investments:    
Fixed maturity securities available for sale, at fair value (amortized cost - $8,888.9 in 2017 and $8,870.8 in 2016) $ 9,732.4 $ 9,572.1
Equity securities available for sale, at fair value (cost - $348.7 in 2017 and $381.8 in 2016) 403.3 421.4
Commercial mortgage loans on real estate, at amortized cost 648.1 624.0
Policy loans 36.9 38.5
Short-term investments 266.6 227.7
Other investments 589.3 595.3
Total investments 11,676.6 11,479.0
Cash and cash equivalents 992.8 1,032.0
Premiums and accounts receivable, net 1,286.4 1,218.0
Reinsurance recoverables 10,578.3 9,083.2
Accrued investment income 114.1 110.1
Deferred acquisition costs 3,482.6 3,267.4
Property and equipment, at cost less accumulated depreciation 358.4 343.6
Tax receivable 117.4 20.5
Goodwill 916.0 830.9
Value of business acquired 26.3 32.1
Other intangible assets, net 306.6 240.3
Other assets (includes assets of special purpose entities of $349.7 in 2017) 749.4 359.7
Assets held in separate accounts 1,800.3 1,692.3
Total assets 32,405.2 29,709.1
Liabilities    
Future policy benefits and expenses 10,436.9 10,112.9
Unearned premiums 6,962.6 6,626.5
Claims and benefits payable 4,794.2 [1] 3,301.2
Commissions payable 377.5 386.2
Reinsurance balances payable 173.4 95.3
Funds held under reinsurance 142.7 111.7
Deferred gains on disposal of businesses 148.5 232.2
Accounts payable and other liabilities (includes liabilities of special purpose entities of $279.7 in 2017) 2,363.0 1,985.7
Debt 1,067.9 1,067.0
Liabilities related to separate accounts 1,800.3 1,692.3
Total liabilities 28,267.0 25,611.0
Commitments and contingencies (Note 15)
Stockholders’ equity    
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 53,796,348 and 55,941,480 shares outstanding at September 30, 2017 and December 31, 2016, respectively 1.5 1.5
Additional paid-in capital 3,186.8 3,175.9
Retained earnings 5,414.6 5,296.7
Accumulated other comprehensive income 256.4 94.6
Treasury stock, at cost; 96,577,040 and 94,041,583 shares at September 30, 2017 and December 31, 2016, respectively (4,721.1) (4,470.6)
Total stockholders’ equity 4,138.2 4,098.1
Total liabilities and stockholders’ equity $ 32,405.2 $ 29,709.1
[1] Global Housing's reinsurance recoverables and claims and benefits payable as of September 30, 2017 include $1,123.0 of balances ceded to the U.S. government under the voluntary National Flood Insurance Program.