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Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Components of Other Comprehensive Income (Loss)
The components of other comprehensive income (loss), including reclassification adjustments by income statement line item, were as follows: 
 
 
 
 
 
 
 
Components of Changes in
Accumulated Other
Comprehensive Income (after tax)
(millions)
Pretax total
accumulated
other
comprehensive
income

 
Total tax
(provision)
benefit

 
After tax total
accumulated
other
comprehensive
income

 
Total net
unrealized
gains
 (losses)
on securities

 
Net
unrealized
gains on
forecasted
transactions

 
Foreign
currency
translation
adjustment

 
(Income)loss attributable to NCI

Balance at March 31, 2018
$
(218.6
)
 
$
46.0

 
$
(172.6
)
 
$
(160.8
)
 
$
(17.8
)
 
$
0

 
$
6.0

Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment securities
(90.4
)
 
18.8

 
(71.6
)
 
(71.6
)
 
0

 
0

 
0

Forecasted transactions
0

 
0

 
0

 
0

 
0

 
0

 
0

Foreign currency translation adjustment
0

 
0

 
0

 
0

 
0

 
0

 
0

Loss attributable to noncontrolling interest (NCI)
0.7

 
(0.1
)
 
0.6

 
0

 
0

 
0

 
0.6

Total other comprehensive income (loss) before reclassifications
(89.7
)
 
18.7

 
(71.0
)
 
(71.6
)
 
0

 
0

 
0.6

Less: Reclassification adjustment for amounts realized in net income by income statement line item:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net impairment losses recognized in earnings
0

 
0

 
0

 
0

 
0

 
0

 
0

Net realized gains (losses) on securities
(27.2
)
 
5.7

 
(21.5
)
 
(21.5
)
 
0

 
0

 
0

Interest expense
(0.3
)
 
0.1

 
(0.2
)
 
0

 
(0.2
)
 
0

 
0

Total reclassification adjustment for amounts realized in net income
(27.5
)
 
5.8

 
(21.7
)
 
(21.5
)
 
(0.2
)
 
0

 
0

Total other comprehensive income (loss)
(62.2
)
 
12.9

 
(49.3
)
 
(50.1
)
 
0.2

 
0

 
0.6

Balance at June 30, 2018
$
(280.8
)
 
$
58.9

 
$
(221.9
)
 
$
(210.9
)
 
$
(17.6
)
 
$
0

 
$
6.6



 
 
 
 
 
 
 
Components of Changes in
Accumulated Other
Comprehensive Income (after tax)
(millions)
Pretax total
accumulated
other
comprehensive
income

 
Total tax
(provision)
benefit

 
After tax total
accumulated
other
comprehensive
income

 
Total net
unrealized
gains
 (losses)
on securities

 
Net
unrealized
gains on
forecasted
transactions

 
Foreign
currency
translation
adjustment

 
(Income)loss attributable to NCI

Balance at December 31, 2017
$
1,977.8

 
$
(695.6
)
 
$
1,282.2

 
$
1,295.0

 
$
(14.8
)
 
$
0

 
$
2.0

Cumulative effect adjustment1
(2,006.0
)
 
705.8

 
(1,300.2
)
 
(1,300.2
)
 
0

 
0

 
0

Reclassification of disproportionate tax effect2
0

 
(4.3
)
 
(4.3
)
 
(1.1
)
 
(3.2
)
 
0

 
0

Adjusted balance at December 31, 2017
(28.2
)
 
5.9

 
(22.3
)
 
(6.3
)
 
(18.0
)
 
0

 
2.0

Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment securities
(293.8
)
 
61.6

 
(232.2
)
 
(232.2
)
 
0

 
0

 
0

Forecasted transactions
0

 
0

 
0

 
0

 
0

 
0

 
0

Foreign currency translation adjustment
0

 
0

 
0

 
0

 
0

 
0

 
0

Loss attributable to noncontrolling interest (NCI)
5.8

 
(1.2
)
 
4.6

 
0

 
0

 
0

 
4.6

Total other comprehensive income (loss) before reclassifications
(288.0
)
 
60.4

 
(227.6
)
 
(232.2
)
 
0

 
0

 
4.6

Less: Reclassification adjustment for amounts realized in net income by income statement line item:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net impairment losses recognized in earnings
0

 
0

 
0

 
0

 
0

 
0

 
0

Net realized gains (losses) on securities
(34.9
)
 
7.3

 
(27.6
)
 
(27.6
)
 
0

 
0

 
0

Interest expense
(0.5
)
 
0.1

 
(0.4
)
 
0

 
(0.4
)
 
0

 
0

Total reclassification adjustment for amounts realized in net income
(35.4
)
 
7.4

 
(28.0
)
 
(27.6
)
 
(0.4
)
 
0

 
0

Total other comprehensive income (loss)
(252.6
)
 
53.0

 
(199.6
)
 
(204.6
)
 
0.4

 
0

 
4.6

Balance at June 30, 2018
$
(280.8
)
 
$
58.9

 
$
(221.9
)
 
$
(210.9
)
 
$
(17.6
)
 
$
0

 
$
6.6

1Reflects the fair value changes on equity securities as of December 31, 2017, which are reported as realized gains (losses) under the new accounting guidance. See Note 14 – New Accounting Standards for additional information.
2Reflects the effect of the change in the U.S. federal tax rate on our available-for-sale fixed maturity securities and our hedges on forecasted transactions as of December 31, 2017. See Note 14 – New Accounting Standards for additional information.

 
 
 
 
 
 
 
Components of Changes in
Accumulated Other
Comprehensive Income (after tax)
(millions)
Pretax total
accumulated
other
comprehensive
income

 
Total tax
(provision)
benefit

 
After tax total
accumulated
other
comprehensive
income

 
Total net
unrealized
gains
 (losses)
on securities

 
Net
unrealized
gains on
forecasted
transactions

 
Foreign
currency
translation
adjustment

 
(Income)loss attributable to NCI

Balance at March 31, 2017
$
1,645.9

 
$
(578.4
)
 
$
1,067.5

 
$
1,072.0

 
$
(7.1
)
 
$
(0.8
)
 
$
3.4

Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment securities
177.2

 
(62.1
)
 
115.1

 
115.1

 
0

 
0

 
0

Forecasted transactions
(12.0
)
 
4.2

 
(7.8
)
 
0

 
(7.8
)
 
0

 
0

Foreign currency translation adjustment
(0.2
)
 
0.1

 
(0.1
)
 
0

 
0

 
(0.1
)
 
0

Loss attributable to noncontrolling interest (NCI)
(1.9
)
 
0.6

 
(1.3
)
 
0

 
0

 
0

 
(1.3
)
Total other comprehensive income (loss) before reclassifications
163.1

 
(57.2
)
 
105.9

 
115.1

 
(7.8
)
 
(0.1
)
 
(1.3
)
Less: Reclassification adjustment for amounts realized in net income by income statement line item:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net impairment losses recognized in earnings
(2.6
)
 
0.9

 
(1.7
)
 
(1.7
)
 
0

 
0

 
0

Net realized gains (losses) on securities
37.2

 
(13.0
)
 
24.2

 
24.2

 
0

 
0

 
0

Interest expense
0.3

 
(0.1
)
 
0.2

 
0

 
0.2

 
0

 
0

Total reclassification adjustment for amounts realized in net income
34.9

 
(12.2
)
 
22.7

 
22.5

 
0.2

 
0

 
0

Total other comprehensive income (loss)
128.2

 
(45.0
)
 
83.2

 
92.6

 
(8.0
)
 
(0.1
)
 
(1.3
)
Balance at June 30, 2017
$
1,774.1

 
$
(623.4
)
 
$
1,150.7

 
$
1,164.6

 
$
(15.1
)
 
$
(0.9
)
 
$
2.1

 
 
 
 
 
 
 
Components of Changes in
Accumulated Other
Comprehensive Income (after tax)
(millions)
Pretax total
accumulated
other
comprehensive
income

 
Total tax
(provision)
benefit

 
After tax total
accumulated
other
comprehensive
income

 
Total net
unrealized
gains
 (losses)
on securities

 
Net
unrealized
gains on
forecasted
transactions

 
Foreign
currency
translation
adjustment

 
(Income)loss attributable to NCI

Balance at December 31, 2016
$
1,439.5

 
$
(506.1
)
 
$
933.4

 
$
939.6

 
$
(9.4
)
 
$
(1.1
)
 
$
4.3

Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment securities
431.7

 
(151.3
)
 
280.4

 
280.4

 
0

 
0

 
0

Forecasted transactions
(8.0
)
 
2.8

 
(5.2
)
 
0

 
(5.2
)
 
0

 
0

Foreign currency translation adjustment
0.3

 
(0.1
)
 
0.2

 
0

 
0

 
0.2

 
0

Loss attributable to noncontrolling interest (NCI)
(3.4
)
 
1.2

 
(2.2
)
 
0

 
0

 
0

 
(2.2
)
Total other comprehensive income (loss) before reclassifications
420.6

 
(147.4
)
 
273.2

 
280.4

 
(5.2
)
 
0.2

 
(2.2
)
Less: Reclassification adjustment for amounts realized in net income by income statement line item:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net impairment losses recognized in earnings
(3.6
)
 
1.3

 
(2.3
)
 
(2.3
)
 
0

 
0

 
0

Net realized gains (losses) on securities
88.8

 
(31.1
)
 
57.7

 
57.7

 
0

 
0

 
0

Interest expense
0.8

 
(0.3
)
 
0.5

 
0

 
0.5

 
0

 
0

Total reclassification adjustment for amounts realized in net income
86.0

 
(30.1
)
 
55.9

 
55.4

 
0.5

 
0

 
0

Total other comprehensive income (loss)
334.6

 
(117.3
)
 
217.3

 
225.0

 
(5.7
)
 
0.2

 
(2.2
)
Balance at June 30, 2017
$
1,774.1

 
$
(623.4
)
 
$
1,150.7

 
$
1,164.6

 
$
(15.1
)
 
$
(0.9
)
 
$
2.1