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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Premium Income $ 2,628.8 $ 2,525.9 $ 7,866.3 $ 7,494.3
Net Investment Income 527.8 526.0 1,586.4 1,565.9
Net Investment Loss (12.9) (31.0) (24.5) (30.0)
Other Income 73.3 71.6 222.5 210.6
Total Revenue 3,217.0 3,092.5 9,650.7 9,240.8
Benefits and Expenses        
Policy Benefits 1,864.6 1,778.6 5,624.2 5,498.6
Policy Benefits - Remeasurement Loss (Gain) (402.7) 168.4 (567.5) (61.6)
Commissions 315.1 289.7 947.8 869.7
Interest and Debt Expense 49.2 48.6 148.6 145.6
Deferral of Acquisition Costs (163.3) (153.3) (495.3) (467.5)
Amortization of Deferred Acquisition Costs 133.8 129.1 387.9 358.7
Compensation Expense 294.2 297.9 895.9 867.3
Other Expenses 311.5 271.8 903.3 818.6
Total Benefits and Expenses 2,402.4 2,830.8 7,844.9 8,029.4
Income Before Income Tax 814.6 261.7 1,805.8 1,211.4
Income Tax        
Current 95.6 187.5 315.8 381.7
Deferred 73.3 (127.8) 59.6 (123.5)
Total Income Tax 168.9 59.7 375.4 258.2
Net Income $ 645.7 $ 202.0 $ 1,430.4 $ 953.2
Net Income Per Common Share        
Basic $ 3.46 $ 1.03 $ 7.54 $ 4.83
Assuming Dilution $ 3.46 $ 1.02 $ 7.52 $ 4.81