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Accumulated Other Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Components of our accumulated other comprehensive income, after tax, and related changes are as follows:
 
 
 
Net Unrealized Gain on Securities
 
Net Gain on Cash Flow Hedges
 
Foreign Currency Translation Adjustment
 
Unrecognized Pension and Postretirement Benefit Costs
 
Total
 
 
 
(in millions of dollars)
Balance at June 30, 2014
$
501.2

 
$
369.5

 
$
(9.3
)
 
$
(229.5
)
 
$
631.9

 
Other Comprehensive Income (Loss) Before Reclassifications
 
(35.5
)
 
19.9

 
(60.2
)
 
1.4

 
(74.4
)
 
Amounts Reclassified from Accumulated Other Comprehensive Income or Loss
 
(3.7
)
 
(5.9
)
 
—

 
0.7

 
(8.9
)
 
Net Other Comprehensive Income (Loss)
 
(39.2
)
 
14.0

 
(60.2
)
 
2.1

 
(83.3
)
Balance at September 30, 2014
$
462.0

 
$
383.5

 
$
(69.5
)
 
$
(227.4
)
 
$
548.6

 
 
 
 
 
 
 
 
 
 
 
 
Balance at June 30, 2013
$
295.6

 
$
405.5

 
$
(141.6
)
 
$
(342.8
)
 
$
216.7

 
Other Comprehensive Income (Loss) Before Reclassifications
 
113.9

 
(3.2
)
 
68.2

 
2.9

 
181.8

 
Amounts Reclassified from Accumulated Other Comprehensive Income or Loss
 
17.9

 
(5.1
)
 
—

 
(1.7
)
 
11.1

 
Net Other Comprehensive Income (Loss)
 
131.8

 
(8.3
)
 
68.2

 
1.2

 
192.9

Balance at September 30, 2013
$
427.4

 
$
397.2

 
$
(73.4
)
 
$
(341.6
)
 
$
409.6

 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2013
 
$
135.7

 
$
396.3

 
$
(47.1
)
 
$
(229.9
)
 
$
255.0

 
Other Comprehensive Income (Loss) Before Reclassifications
 
328.3

 
16.1

 
(22.4
)
 
0.5

 
322.5

 
Amounts Reclassified from Accumulated Other Comprehensive Income or Loss
 
(2.0
)
 
(28.9
)
 
—

 
2.0

 
(28.9
)
 
Net Other Comprehensive Income (Loss)
 
326.3

 
(12.8
)
 
(22.4
)
 
2.5

 
293.6

Balance at September 30, 2014
$
462.0

 
$
383.5

 
$
(69.5
)
 
$
(227.4
)
 
$
548.6

 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2012
 
$
873.5

 
$
401.6

 
$
(72.6
)
 
$
(574.5
)
 
$
628.0

 
Other Comprehensive Income (Loss) Before Reclassifications
 
(452.5
)
 
4.3

 
(0.8
)
 
217.7

 
(231.3
)
 
Amounts Reclassified from Accumulated Other Comprehensive Income or Loss
 
6.4

 
(8.7
)
 
—

 
15.2

 
12.9

 
Net Other Comprehensive Income (Loss)
 
(446.1
)
 
(4.4
)
 
(0.8
)
 
232.9

 
(218.4
)
Balance at September 30, 2013
$
427.4

 
$
397.2

 
$
(73.4
)
 
$
(341.6
)
 
$
409.6
Schedule of Components of Unrealized Gain (Loss) on Securities
The net unrealized gain on securities consists of the following components:
 
 
 
 
 
 
 
 
Change at September 30, 2014
 
 
September 30
 
June 30
 
December 31
 
Three Months
 
Nine Months
 
 
2014
 
2014
 
2013
 
Ended
 
Ended
 
 
(in millions of dollars)
Fixed Maturity Securities
 
$
5,794.8

 
$
6,016.1

 
$
4,054.8

 
$
(221.3
)
 
$
1,740.0

Other Investments
 
29.9

 
52.7

 
55.5

 
(22.8
)
 
(25.6
)
Deferred Acquisition Costs
 
(52.3
)
 
(54.7
)
 
(41.6
)
 
2.4

 
(10.7
)
Reserves for Future Policy and Contract Benefits
 
(5,396.8
)
 
(5,582.0
)
 
(4,108.5
)
 
185.2

 
(1,288.3
)
Reinsurance Recoverable
 
342.1

 
349.5

 
263.8

 
(7.4
)
 
78.3

Deferred Income Tax
 
(255.7
)
 
(280.4
)
 
(88.3
)
 
24.7

 
(167.4
)
Total
 
$
462.0

 
$
501.2

 
$
135.7

 
$
(39.2
)
 
$
326.3



 
 
 
 
 
 
 
 
Change at September 30, 2013
 
 
September 30
 
June 30
 
December 31
 
Three Months
 
Nine Months
 
 
2013
 
2013
 
2012
 
Ended
 
Ended
 
 
(in millions of dollars)
Fixed Maturity Securities
 
$
4,410.4

 
$
4,659.6

 
$
7,221.5

 
$
(249.2
)
 
$
(2,811.1
)
Other Investments
 
65.2

 
57.1

 
92.8

 
8.1

 
(27.6
)
Deferred Acquisition Costs
 
(42.8
)
 
(43.8
)
 
(67.0
)
 
1.0

 
24.2

Reserves for Future Policy and Contract Benefits
 
(4,037.6
)
 
(4,498.1
)
 
(6,277.5
)
 
460.5

 
2,239.9

Reinsurance Recoverable
 
275.0

 
283.6

 
351.5

 
(8.6
)
 
(76.5
)
Deferred Income Tax
 
(242.8
)
 
(162.8
)
 
(447.8
)
 
(80.0
)
 
205.0

Total
 
$
427.4

 
$
295.6

 
$
873.5

 
$
131.8

 
$
(446.1
)
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income
Amounts reclassified from accumulated other comprehensive income or loss were recognized in our consolidated statements of income as follows:
 
 
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
 
 
2014
 
2013
 
2014
 
2013
 
 
 
(in millions of dollars)
Net Unrealized Gain on Securities
 
 
 
 
 
 
 
 
Net Realized Investment Gain (Loss)
 
 
 
 
 
 
 
 
 
Gain (Loss) on Sales of Securities and Other Invested Assets
$
5.4

 
$
(27.5
)
 
$
2.6

 
$
(9.1
)
 
 
Other-Than-Temporary Impairment Loss
—

 
—

 
—

 
(0.8
)
 
 
 
5.4

 
(27.5
)
 
2.6

 
(9.9
)
 
Income Tax Expense (Benefit)
1.7

 
(9.6
)
 
0.6

 
(3.5
)
 
Total
$
3.7

 
$
(17.9
)
 
$
2.0

 
$
(6.4
)
 
 
 
 
 
 
 
 
 
 
Net Gain on Cash Flow Hedges
 
 
 
 
 
 
 
 
Net Investment Income
 
 
 
 
 
 
 
 
 
Gain on Interest Rate Swaps and Forwards
$
12.0

 
$
11.1

 
$
35.9

 
$
32.2

 
 
Loss on Foreign Exchange Contracts
(1.1
)
 
(1.4
)
 
(3.3
)
 
(4.6
)
 
Net Realized Investment Gain (Loss)
 
 
 
 
 
 
 
 
 
Gain (Loss) on Interest Rate Swaps
(0.2
)
 
(0.1
)
 
2.3

 
0.7

 
 
Gain (Loss) on Foreign Exchange Contracts
(1.1
)
 
(1.3
)
 
7.9

 
(13.7
)
 
Interest and Debt Expense
 
 
 
 
 
 
 
 
 
Loss on Interest Rate Swaps
(0.4
)
 
(0.4
)
 
(1.3
)
 
(1.2
)
 
 
 
9.2

 
7.9

 
41.5

 
13.4

 
Income Tax Expense
3.3

 
2.8

 
12.6

 
4.7

 
Total
$
5.9

 
$
5.1

 
$
28.9

 
$
8.7

 
 
 
 
 
 
 
 
 
 
Unrecognized Pension and Postretirement Benefit Costs
 
 
 
 
 
 
 
 
Other Expenses
 
 
 
 
 
 
 
 
 
Amortization of Net Actuarial Loss
$
(1.4
)
 
$
(2.7
)
 
$
(4.2
)
 
$
(30.5
)
 
 
Amortization of Prior Service Credit
0.4

 
1.1

 
1.2

 
3.6

 
 
Curtailment Gain
—

 
3.7

 
—

 
3.0

 
 
 
(1.0
)
 
2.1

 
(3.0
)
 
(23.9
)
 
Income Tax Expense (Benefit)
(0.3
)
 
0.4

 
(1.0
)
 
(8.7
)
 
Total
$
(0.7
)
 
$
1.7

 
$
(2.0
)
 
$
(15.2
)