XML 24 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Operations (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues:    
Net investment income $ 352.0 $ 343.0
Fee income 155.1 155.1
Premiums 11.8 9.5
Broker-dealer commission revenue 55.7 58.5
Net realized capital gains (loss):    
Total other-than-temporary impairment losses (1.4) (21.8)
Less: portion of other-than-temporary impairment losses recognized in Other comprehensive income (loss) (0.1) (1.6)
Net other-than-temporary impairments recognized in earnings (1.3) (20.2)
Other net realized capital gains (loss) 128.6 39.8
Total net realized capital gains (loss) 127.3 19.6
Other income 0.5 10.3
Total revenue 702.4 596.0
Benefits and expenses:    
Interest credited and other benefits to contract owners 194.7 175.2
Operating expenses 180.4 157.1
Broker-dealer commission expense 55.7 58.5
Net amortization of deferred policy acquisition costs and value of business acquired 52.8 33.1
Interest expense 0.6 0.7
Total benefits and expenses 484.2 424.6
Income before income taxes 218.2 171.4
Income tax expense 74.2 84.0
Net income $ 144.0 $ 87.4