Segments (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Schedule of Segment and Subsegments

The Company provides its principal products and services in three ongoing businesses and reports results through five ongoing segments as follows:

Business	Segment
Retirement Solutions	Retirement Annuities
Investment Management	Investment Management
Insurance Solutions	Individual Life Employee Benefits

Schedule of Operating Earnings Before Income Taxes from Segments

The summary below reconciles operating earnings before income taxes for the segments to Income (loss) before income taxes for the periods indicated:

	Three Months Ended March 31,
	2014			2013
Retirement Solutions:
Retirement	$	114.9		$	137.8
Annuities	54.8			54.3
Investment Management	49.8			30.1
Insurance Solutions:
Individual Life	31.1			50.8
Employee Benefits	16.9			12.4
Total Ongoing Businesses	267.5			285.4
Corporate	(37.3		)	(50.1		)
Closed Blocks:
Closed Block Institutional Spread Products	5.4			22.1
Closed Block Other	(4.5		)	(0.7		)
Closed Blocks	0.9			21.4
Total operating earnings before income taxes	231.1			256.7
Adjustments:
Closed Block Variable Annuity	20.2			(477.1		)
Net investment gains (losses) and related charges and adjustments	57.6			41.8
Net guaranteed benefit hedging gains (losses) and related charges and adjustments	6.4			3.1
Loss related to businesses exited through reinsurance or divestment	(10.5		)	(16.9		)
Income (loss) attributable to noncontrolling interests	13.5			(13.5		)
Other adjustments to operating income	(16.0		)	(8.4		)
Income (loss) before income taxes	$	302.3		$	(214.3	)

Reconciliation of Revenue from Segments to Total Revenues

The summary below reconciles operating revenues for the segments to Total revenues for the periods indicated:

	Three Months Ended March 31,
	2014			2013
Retirement Solutions:
Retirement	$	598.5		$	583.2
Annuities	354.4			307.6
Investment Management	160.5			131.9
Insurance Solutions:
Individual Life	692.2			687.1
Employee Benefits	338.9			318.1
Total Ongoing Businesses	2,144.5			2,027.9
Corporate	25.3			17.1
Closed Blocks:
Closed Block Institutional Spread Products	17.6			38.3
Closed Block Other	8.0			7.2
Closed Blocks	25.6			45.5
Total operating revenues	2,195.4			2,090.5
Adjustments:
Closed Block Variable Annuity	284.6			(444.0		)
Net realized investment gains (losses) and related charges and adjustments	49.6			30.4
Gain (loss) on change in fair value of derivatives related to guaranteed benefits	(23.9		)	20.6
Revenues related to businesses exited through reinsurance or divestment	19.0			(12.1		)
Revenues (loss) attributable to noncontrolling interests	60.8			40.3
Other adjustments to operating revenues	85.4			92.9
Total revenues	$	2,670.9		$	1,818.6

Summary of Financial Information for Segments

The Investment Management segment revenues include the following intersegment revenues, primarily consisting of asset-based management and administration fees for the periods indicated:

	Three Months Ended March 31,
	2014		2013
Investment management intersegment revenues	$	39.3	$	39.3

The summary below presents Total assets for the Company’s segments as of the dates indicated:

	March 31, 2014		December 31, 2013
Retirement Solutions:
Retirement	$	94,654.8	$	92,336.7
Annuities	26,748.3		26,528.3
Investment Management	391.9		463.3
Insurance Solutions:
Individual Life	25,920.8		25,592.2
Employee Benefits	2,559.7		2,518.5
Total Ongoing Businesses	150,275.5		147,439.0
Corporate	4,566.8		4,802.8
Closed Blocks:
Closed Block Variable Annuity	49,451.6		49,483.5
Closed Block Institutional Spread Products	2,711.3		3,390.1
Closed Block Other	7,634.5		7,586.5
Closed Blocks	59,797.4		60,460.1
Total assets of segments	214,639.7		212,701.9
Noncontrolling interest	8,871.0		8,321.3
Total assets	$	223,510.7	$	221,023.2