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Equity (Tables)
3 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Schedule of basic and diluted earnings per share
The computation of basic and diluted earnings per share is as follows (in millions, except per share amounts): 
 
Three Months Ended
 
March 31,
 
2014
 
2013
Net income
$
100.4

 
$
93.2

 
 
 
 
Weighted average common shares outstanding
42.0

 
44.3

Incremental shares from restricted stock units, stock options and convertible debentures
0.4

 
1.3

Weighted average diluted shares outstanding
42.4

 
45.6

 
 
 
 
Basic earnings per share
$
2.39

 
$
2.10

Diluted earnings per share
$
2.37

 
$
2.04

Schedule of accumulated other comprehensive income
Accumulated other comprehensive income balances consist of the following (in millions), net of tax:
 
Unrealized Gain on Available-for-Sale Securities
 
Unrealized Loss on Cash Flow Hedges
 
Foreign Currency
Translation
Adjustments
 
Accumulated
Other
Comprehensive
Income
Balance, December 31, 2013
$
300.8

 
$
(0.5
)
 
$
7.9

 
$
308.2

Net current period other comprehensive income (loss)
(41.4
)
 
0.2

 
0.4

 
(40.8
)
Balance, March 31, 2014
$
259.4

 
$
(0.3
)
 
$
8.3

 
$
267.4

Additions to and reclassification out of accumulated other comprehensive income
Additions to and reclassifications out of accumulated other comprehensive income attributable to the Company:
 
Three Months Ended
 
March 31,
 
2014
 
2013
 
Pretax
 
Net of Tax
 
Pretax
 
Net of Tax
Available-for-sale securities
 
 
 
 
 
 
 
Unrealized gains (losses) on available-for-sale securities
$
(21.0
)
 
$
(13.4
)
 
$
130.0

 
$
79.7

Reclassification of gains into net earnings on available-for-sale securities (1)
(45.9
)
 
(28.0
)
 
(68.5
)
 
(41.8
)
Net change in available-for-sale securities
(66.9
)
 
(41.4
)
 
61.5

 
37.9

Cash flow hedges
 
 
 
 
 
 
 
Reclassification of losses into net earnings on foreign currency cash flow hedges (2)
0.2

 
0.2

 

 

Reclassification of losses into net earnings on interest rate cash flow hedges (3)

 

 
0.7

 
0.4

Net change in cash flow hedges
0.2

 
0.2

 
0.7

 
0.4

Cumulative translation adjustments
0.4

 
0.4

 
(4.5
)
 
(4.4
)
Total other comprehensive income (loss)
$
(66.3
)
 
$
(40.8
)
 
$
57.7

 
$
33.9

_______________________________________________________________    
(1) Realized (gains)/losses on available for sale securities are recognized in other income, net.
(2) Reclassification to net earnings of derivatives qualifying as effective foreign currency cash flow hedges are recognized in costs and expenses
(3) Reclassification to net earnings of derivatives qualifying as effective interest rate cash flow hedges are recognized in interest expense.