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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Premium Income $ 2,627.2 $ 2,509.1 $ 5,237.5 $ 4,968.4
Net Investment Income 545.1 531.1 1,058.6 1,039.9
Net Investment Gain (Loss) (10.4) 0.9 (11.6) 1.0
Other Income 71.5 71.1 149.2 139.0
Total Revenue 3,233.4 3,112.2 6,433.7 6,148.3
Benefits and Expenses        
Policy Benefits 1,866.6 1,837.9 3,759.6 3,720.0
Policy Benefits - Remeasurement Gain (57.1) (84.3) (164.8) (230.0)
Commissions 319.1 286.1 632.7 580.0
Interest and Debt Expense 49.9 48.9 99.4 97.0
Deferral of Acquisition Costs (165.1) (156.5) (332.0) (314.2)
Amortization of Deferred Acquisition Costs 127.9 113.7 254.1 229.6
Compensation Expense 295.9 294.4 601.7 569.4
Other Expenses 300.7 273.6 591.8 546.8
Total Benefits and Expenses 2,737.9 2,613.8 5,442.5 5,198.6
Income Before Income Tax 495.5 498.4 991.2 949.7
Income Tax        
Current 132.9 128.6 220.2 194.2
Deferred (26.9) (23.1) (13.7) 4.3
Total Income Tax 106.0 105.5 206.5 198.5
Net Income $ 389.5 $ 392.9 $ 784.7 $ 751.2
Net Income Per Common Share        
Basic $ 2.05 $ 1.99 $ 4.10 $ 3.80
Assuming Dilution $ 2.05 $ 1.98 $ 4.09 $ 3.78