Condensed Financial Information of Registrant (Tables)

12 Months Ended

Dec. 31, 2011



	December 31
	2011			2010
	(in millions of dollars)
Assets
Fixed Maturity Securities - at fair value (amortized cost: $167.7; $343.7)	$	172.7		$	357.5
Mortgage Loans	22.5			22.9
Short-term Investments	473.9			666.7
Investment in Subsidiaries	9,704.1			9,756.4
Other Assets	650.3			550.3
Total Assets	$	11,023.5		$	11,353.8

Liabilities and Stockholders' Equity

Liabilities
Short-term Debt	$	2.5		$	225.1
Long-term Debt	1,641.0			1,617.7
Other Liabilities	803.0			566.6
Total Liabilities	2,446.5			2,409.4

Stockholders' Equity
Common Stock	35.9			36.5
Additional Paid-in Capital	2,591.1			2,615.4
Accumulated Other Comprehensive Income	448.9			341.9
Retained Earnings	7,031.2			7,060.8
Treasury Stock	(1,530.1		)	(1,110.2		)
Total Stockholders' Equity	8,577.0			8,944.4

Total Liabilities and Stockholders' Equity	$	11,023.5		$	11,353.8



	Year Ended December 31
	2011			2010			2009
	(in millions of dollars)
Dividends from Subsidiaries	$	800.0		$	576.0		$	313.8
Interest from Subsidiaries	0.6			0.6			0.5
Other Income	64.4			56.1			47.8
Total Revenue	865.0			632.7			362.1

Interest and Debt Expense	112.1			112.3			90.2
Other Expenses	57.7			47.6			63.9
Total Expenses	169.8			159.9			154.1

Income Before Income Tax and Equity in Undistributed Earnings (Loss) of Subsidiaries	695.2			472.8			208.0
Income Tax Benefits	(13.9		)	(3.6		)	(9.5		)

Income Before Equity in Undistributed Earnings (Loss) of Subsidiaries	709.1			476.4			217.5
Equity in Undistributed Earnings (Loss) of Subsidiaries	(473.7		)	409.7			635.1

Net Income	$	235.4		$	886.1		$	852.6

STATEMENTS OF CASH FLOWS



	Year Ended December 31
	2011			2010			2009
	(in millions of dollars)
Cash Provided by Operating Activities	$	792.9		$	490.1		$	324.1

Cash Flows from Investing Activities
Proceeds from Sales of Fixed Maturity Securities	133.9			3.8			49.7
Proceeds from Maturities of Fixed Maturity Securities	44.5			47.4			24.7
Purchase of Fixed Maturity Securities	—			(106.5		)	(299.2		)
Purchase of Other Investments	(3.0		)	(22.9		)	—
Net Sales (Purchases) of Short-term Investments	192.8			(266.7		)	(145.1		)
Cash Distributions to Subsidiaries	(166.1		)	(2.4		)	(1.3		)
Short-term Notes Receivable from Subsidiaries	0.2			13.3			(10.5		)
Acquisition of Property and Equipment	(46.2		)	(70.0		)	(54.7		)
Other, Net	—			(18.5		)	—
Cash Provided (Used) by Investing Activities	156.1			(422.5		)	(436.4		)

Cash Flows from Financing Activities
Net Short-term Debt Repayments	(222.6		)	—			(132.2		)
Issuance of Long-term Debt	—			396.9			346.8
Long-term Debt Repayments	—			(10.0		)	(1.8		)
Issuance of Common Stock	14.8			10.0			8.0
Dividends Paid to Stockholders	(121.0		)	(114.8		)	(104.5		)
Purchases of Treasury Stock	(619.9		)	(356.0		)	—
Other, Net	—			5.6			(0.7		)
Cash Provided (Used) by Financing Activities	(948.7		)	(68.3		)	115.6

Increase (Decrease) in Cash	$	0.3		$	(0.7	)	$	3.3

Long-term and short-term debt consists of the following:



	December 31
	2011		2010
	(in millions of dollars)
Notes @ 7.375% due 2032, callable at or above par	$	39.5	$	39.5
Notes @ 6.75% due 2028, callable at or above par	165.8		165.8
Notes @ 7.25% due 2028, callable at or above par	200.0		200.0
Notes @ 5.625% due 2020, callable at or above par	399.6		399.5
Notes @ 7.125% due 2016, callable at or above par	358.8		335.6
Notes @ 7.0% due 2018, non-callable	200.0		200.0
Medium-term Notes @ 7.0% to 7.2% due 2023 to 2028, non-callable	50.8		50.8
Junior Subordinated Debt Securities @ 7.405% due 2038	226.5		226.5
Long-term Debt	1,641.0		1,617.7
Securities Lending Agreements	2.5		—
Notes @ 7.625% due 2011	—		225.1
Short-term Debt	2.5		225.1
Total	$	1,643.5	$	1,842.8