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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Investments    
Fixed Maturity Securities - at fair value (amortized cost of $38,224.3; $37,825.2; allowance for credit losses of $—; $—) $ 34,070.7 $ 34,840.8
Mortgage Loans (net of allowance for credit losses of $10.2; $9.3) 2,321.5 2,435.4
Policy Loans 3,596.6 3,601.2
Other Long-term Investments 1,506.9 1,440.1
Short-term Investments 1,487.2 1,394.8
Total Investments 42,982.9 43,712.3
Other Assets    
Cash and Bank Deposits 165.9 119.2
Accounts and Premiums Receivable (net of allowance for credit losses of $29.7; $32.5) 1,507.7 1,482.1
Reinsurance Recoverable (net of allowance for credit losses of $1.8; $1.7) 8,855.2 9,608.0
Accrued Investment Income 704.9 615.0
Deferred Acquisition Costs 2,668.7 2,560.0
Goodwill 347.9 347.6
Property and Equipment 463.3 451.7
Deferred Income Tax 617.1 586.0
Other Assets 1,640.9 1,666.6
Total Assets 59,954.5 61,148.5
Liabilities    
Future Policy Benefits 36,502.4 38,577.1 [1]
Policyholders' Account Balances 5,744.5 5,740.2 [1]
Unearned Premiums 447.2 365.5
Other Policyholders’ Funds 1,631.9 1,750.4
Income Tax Payable 267.2 190.9
Deferred Income Tax 27.1 25.2
Short-term debt 2.0 2.0
Long-term Debt 3,429.8 3,427.8
Other Liabilities 2,284.3 2,334.4
Total Liabilities 50,336.4 52,413.5
Commitments and Contingent Liabilities - Note 13
Stockholders' Equity    
Common Stock, $0.10 par; authorized: 725,000,000 shares; issued: 309,486,850 and 308,306,490 shares 30.9 30.8
Additional Paid-in Capital 2,454.3 2,441.0
Accumulated Other Comprehensive Loss (3,150.6) (3,448.3)
Retained Earnings 13,888.7 13,141.3
Treasury Stock - at cost: 114,469,894 and 110,551,977 shares (3,605.2) (3,429.8)
Total Stockholders' Equity 9,618.1 8,735.0
Total Liabilities and Stockholders' Equity $ 59,954.5 $ 61,148.5
[1] 1We previously reported policy and contract benefits and reserves for future policy and contract benefits liabilities in our consolidated balance sheet as of December 31, 2022 of $1,839.8 million and $42,330.2 million, respectively, resulting in total policyholder liabilities of $44,170.0 million. These balances were reclassified into new line items, future policy benefits and policyholders' account balances, which would have reported balances of $38,443.2 million and $5,726.8 million, respectively, as of December 31, 2022, resulting in total policyholder liabilities of $44,170.0 million under the historical accounting method.