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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue      
Premium Income $ 9,623.4 $ 9,481.0 $ 9,378.1
Net Investment Income 2,122.2 2,213.2 2,360.7
Net Investment Gain (Loss) (15.7) 76.7 1,199.1
Other Income 261.1 242.9 224.2
Total Revenue 11,991.0 12,013.8 13,162.1
Benefits and Expenses      
Benefits and Change in Reserves for Future Benefits 6,936.7 7,598.6 8,972.9
Commissions 1,086.4 1,038.1 1,057.3
Interest and Debt Expense 188.5 185.0 188.2
Cost Related to Early Retirement of Debt 4.2 67.3 0.0
Deferral of Acquisition Costs (556.9) (508.1) (576.2)
Amortization of Deferred Acquisition Costs 591.0 586.1 606.1
Compensation Expense 1,089.5 975.2 953.2
Other Expenses 1,020.2 1,008.6 996.6
Total Benefits and Expenses 10,359.6 10,950.8 12,198.1
Income Before Income Tax 1,631.4 1,063.0 964.0
Income Tax      
Current 473.5 212.8 (116.6)
Deferred (156.3) 26.0 287.6
Total Income Tax 317.2 238.8 171.0
Net Income $ 1,314.2 $ 824.2 $ 793.0
Net Income Per Common Share      
Basic $ 6.55 $ 4.04 $ 3.89
Assuming Dilution $ 6.50 $ 4.02 $ 3.89