Segment Information (Tables)

12 Months Ended

Dec. 31, 2015



	Year Ended December 31
	2015		2014		2013
	(in millions of dollars)
Premium Income
Unum US
Group Disability
Group Long-term Disability	$	1,644.7	$	1,553.5	$	1,553.9
Group Short-term Disability	607.4		558.1		519.6
Group Life and Accidental Death & Dismemberment
Group Life	1,347.4		1,262.3		1,213.9
Accidental Death & Dismemberment	131.7		125.9		121.6
Supplemental and Voluntary
Individual Disability	478.9		466.1		465.3
Voluntary Benefits	749.9		693.8		642.8
	4,960.0		4,659.7		4,517.1
Unum UK
Group Long-term Disability	397.4		418.9		389.9
Group Life	121.5		133.2		106.4
Supplemental	57.3		55.1		60.3
	576.2		607.2		556.6
Colonial Life
Accident, Sickness, and Disability	789.0		759.8		738.7
Life	252.4		231.8		221.1
Cancer and Critical Illness	297.2		282.1		272.4
	1,338.6		1,273.7		1,232.2
Closed Block
Individual Disability	572.4		624.8		687.5
Long-term Care	633.5		630.9		630.6
All Other	1.7		0.9		0.7
	1,207.6		1,256.6		1,318.8
Total Premium Income	$	8,082.4	$	7,797.2	$	7,624.7



	Unum US		Unum UK		Colonial Life		Closed Block		Corporate			Total
	(in millions of dollars)
Year Ended December 31, 2015

Premium Income	$	4,960.0	$	576.2	$	1,338.6	$	1,207.6	$	—		$	8,082.4
Net Investment Income	865.3		124.9		145.4		1,320.0		25.6			2,481.2
Other Income	119.2		—		0.1		89.3		2.9			211.5
Operating Revenue	$	5,944.5	$	701.1	$	1,484.1	$	2,616.9	$	28.5		$	10,775.1

Operating Income (Loss)	$	850.0	$	140.6	$	309.1	$	119.1	$	(124.8	)	$	1,294.0
Interest and Debt Expense	$	—	$	—	$	—	$	6.6	$	146.2		$	152.8
Depreciation and Amortization	$	347.0	$	18.0	$	214.6	$	6.6	$	0.9		$	587.1

Year Ended December 31, 2014

Premium Income	$	4,659.7	$	607.2	$	1,273.7	$	1,256.6	$	—		$	7,797.2
Net Investment Income	878.9		151.0		145.5		1,281.5		35.3			2,492.2
Other Income	122.1		—		0.1		91.8		5.0			219.0
Operating Revenue	$	5,660.7	$	758.2	$	1,419.3	$	2,629.9	$	40.3		$	10,508.4

Operating Income (Loss)	$	844.9	$	147.8	$	299.0	$	120.0	$	(104.4	)	$	1,307.3
Interest and Debt Expense Excluding Costs Related to Early Retirement of Debt	$	—	$	—	$	—	$	7.3	$	147.0		$	154.3
Depreciation and Amortization	$	314.2	$	19.2	$	194.1	$	5.9	$	1.0		$	534.4

Year Ended December 31, 2013

Premium Income	$	4,517.1	$	556.6	$	1,232.2	$	1,318.8	$	—		$	7,624.7
Net Investment Income	919.4		148.5		144.1		1,270.2		24.7			2,506.9
Other Income	128.3		0.1		0.2		93.9		7.7			230.2
Operating Revenue	$	5,564.8	$	705.2	$	1,376.5	$	2,682.9	$	32.4		$	10,361.8

Operating Income (Loss)	$	848.8	$	132.0	$	283.6	$	107.3	$	(115.1	)	$	1,256.6
Interest and Debt Expense	$	0.1	$	—	$	—	$	8.4	$	140.9		$	149.4
Depreciation and Amortization	$	292.5	$	22.5	$	188.7	$	5.2	$	0.9		$	509.8



							Colonial
	Unum US			Unum UK			Life			Total
	(in millions of dollars)
Deferred Acquisition Costs

Year Ended December 31, 2015
Beginning of Year	$	1,096.5		$	30.4		$	774.4		$	1,901.3
Capitalization	307.3			9.6			252.8			569.7
Amortization	(272.3		)	(11.3		)	(198.7		)	(482.3		)
Adjustment Related to Unrealized Investment Gains and Losses	4.9			—			16.5			21.4
Foreign Currency	—			(1.6		)	—			(1.6		)
End of Year	$	1,136.4		$	27.1		$	845.0		$	2,008.5

Year Ended December 31, 2014
Beginning of Year	$	1,051.5		$	34.3		$	743.4		$	1,829.2
Capitalization	292.7			10.5			220.8			524.0
Amortization	(248.1		)	(12.5		)	(180.2		)	(440.8		)
Adjustment Related to Unrealized Investment Gains and Losses	0.4			—			(9.6		)	(9.2		)
Foreign Currency	—			(1.9		)	—			(1.9		)
End of Year	$	1,096.5		$	30.4		$	774.4		$	1,901.3

Year Ended December 31, 2013
Beginning of Year	$	1,024.3		$	38.8		$	692.4		$	1,755.5
Capitalization	252.0			9.8			205.0			466.8
Amortization	(230.0		)	(14.7		)	(174.2		)	(418.9		)
Adjustment Related to Unrealized Investment Gains and Losses	5.2			—			20.2			25.4
Foreign Currency	—			0.4			—			0.4
End of Year	$	1,051.5		$	34.3		$	743.4		$	1,829.2

A reconciliation of "operating revenue" to total revenue and "operating income" to income before income tax is as follows:



	Year Ended December 31
	2015			2014			2013
	(in millions of dollars)
Operating Revenue	$	10,775.1		$	10,508.4		$	10,361.8
Net Realized Investment Gain (Loss)	(43.8		)	16.1			6.8
Total Revenue	$	10,731.3		$	10,524.5		$	10,368.6

Operating Income	$	1,294.0		$	1,307.3		$	1,256.6
Net Realized Investment Gain (Loss)	(43.8		)	16.1			6.8
Non-operating Retirement-related Loss	(11.9		)	(70.0		)	(32.9		)
Costs Related to Early Retirement of Debt for Corporate	—			(13.2		)	—
Long-term Care Reserve Increase for Closed Block	—			(698.2		)	—
Unclaimed Death Benefits Reserve Increase for Unum US	—			—			(75.4		)
Unclaimed Death Benefits Reserve Increase for Colonial Life	—			—			(20.1		)
Group Life Waiver of Premium Benefit Reserve Reduction for Unum US	—			—			85.0
Income Before Income Tax	$	1,238.3		$	542.0		$	1,220.0