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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

Shareholder's equity included the following components of AOCI as of the dates indicated.
 
December 31,
 
2013
 
2012
 
2011
Fixed maturities, net of OTTI
$
820.9

 
$
2,190.9

 
$
1,518.7

Equity securities, available-for-sale
15.5

 
13.5

 
13.1

Derivatives
133.0

 
215.2

 
173.7

DAC/VOBA and Sales inducements adjustments on available-for-sale securities
(335.3
)
 
(810.6
)
 
(603.6
)
Premium deficiency reserve adjustment
(82.4
)
 
(152.6
)
 
(64.8
)
Unrealized capital gains (losses), before tax
551.7

 
1,456.4

 
1,037.1

Deferred income tax asset (liability)
(66.1
)
 
(444.6
)
 
(302.3
)
Unrealized capital gains (losses), after tax
485.6

 
1,011.8

 
734.8

Pension and other postretirement benefits liability, net of tax
9.8

 
11.2

 
12.7

AOCI
$
495.4

 
$
1,023.0

 
$
747.5



Changes in AOCI, including the reclassification adjustments recognized in the Consolidated Statements of Operations were as follows for the periods indicated:
 
Year Ended December 31, 2013
 
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
 
Available-for-sale securities:
 
 
 
 
 
 
Fixed maturities
$
(1,372.1
)
 
$
542.1

(4) 
$
(830.0
)
 
Equity securities
2.0

 
(0.7
)
 
1.3

 
Other
—

 
—

 
—

 
OTTI
2.7

 
(0.9
)
 
1.8

 
Adjustments for amounts recognized in Net realized capital gains (losses) in the Consolidated Statements of Operations
(0.6
)
 
0.2

 
(0.4
)
 
DAC/VOBA and Sales inducements
475.3

(1) 
(166.4
)
 
308.9

 
Premium deficiency reserve adjustment
70.2

 
(24.6
)
 
45.6

 
Change in unrealized gains/losses on available-for-sale securities
(822.5
)
 
349.7

 
(472.8
)
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
Derivatives
(79.5
)
(2) 
27.9

 
(51.6
)
 
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Consolidated Statements of Operations
(2.7
)
 
0.9

 
(1.8
)
 
Change in unrealized gains/losses on derivatives
(82.2
)
 
28.8

 
(53.4
)
 
 
 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Consolidated Statements of Operations
(2.2
)
(3) 
0.8

 
(1.4
)
 
Change in pension and other postretirement benefits liability
(2.2
)
 
0.8

 
(1.4
)
 
Change in Other comprehensive income (loss)
$
(906.9
)
 
$
379.3

 
$
(527.6
)
 
(1) See "Note 5. Deferred Policy Acquisition Costs and Value of Business Acquired" for additional information.
(2) See "Note 3. Derivative Financial Instruments" for additional information.
(3) See "Note 11. Benefit Plans" for amounts reported in Net Periodic (Benefit) Costs.
(4) Amount includes $67.6 valuation allowance. See "Note 10. Income Taxes" for additional information.

 
Year Ended December 31, 2012
 
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
 
Available-for-sale securities:
 
 
 
 
 
 
Fixed maturities
$
727.7

 
$
(250.3
)
 
$
477.4

 
Equity securities
0.4

 
(0.1
)
 
0.3

 
Other
—

 
—

 
—

 
OTTI
10.6

 
(3.7
)
 
6.9

 
Adjustments for amounts recognized in Net realized capital gains (losses) in the Consolidated Statements of Operations
(66.1
)
 
23.1

 
(43.0
)
 
DAC/VOBA and Sales inducements
(207.0
)
(1) 
72.5

 
(134.5
)
 
Premium deficiency reserve adjustment
(87.8
)
 
30.7

 
(57.1
)
 
Change in unrealized gains/losses on available-for-sale securities
377.8

 
(127.8
)
 
250.0

 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
Derivatives
41.5

(2) 
(14.5
)
 
27.0

 
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Consolidated Statements of Operations
—

 
—

 
—

 
Change in unrealized gains/losses on derivatives
41.5

 
(14.5
)
 
27.0

 
 
 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Consolidated Statements of Operations
(2.2
)
(3) 
0.7

 
(1.5
)
 
Change in pension and other postretirement benefits liability
(2.2
)
 
0.7

 
(1.5
)
 
Change in Other comprehensive income (loss)
$
417.1

 
$
(141.6
)
 
$
275.5

 
(1) See "Note 5. Deferred Policy Acquisition Costs and Value of Business Acquired" for additional information.
(2) See "Note 3. Derivative Financial Instruments" for additional information.
(3) See "Note 11. Benefit Plans" for amounts reported in Net Periodic (Benefit) Costs.

 
Year Ended December 31, 2011
 
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
 
Available-for-sale securities:
 
 
 
 
 
 
Fixed maturities
$
677.8

 
$
(213.4
)
(4) 
$
464.4

 
Equity securities
(7.9
)
 
2.8

 
(5.1
)
 
Other
(0.1
)
 
—

 
(0.1
)
 
OTTI
21.3

 
(7.5
)
 
13.8

 
Adjustments for amounts recognized in Net realized capital gains (losses) in the Consolidated Statements of Operations
(114.2
)
 
40.0

 
(74.2
)
 
DAC/VOBA and Sales inducements
(241.2
)
(1) 
84.4

 
(156.8
)
 
Premium deficiency reserve adjustment
(3.8
)
 
1.3

 
(2.5
)
 
Change in unrealized gains/losses on available-for-sale securities
331.9

 
(92.4
)
 
239.5

 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
Derivatives
173.2

(2) 
(60.6
)
 
112.6

 
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Consolidated Statements of Operations
—

 
—

 
—

 
Change in unrealized gains/losses on derivatives
173.2

 
(60.6
)
 
112.6

 
 
 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Consolidated Statements of Operations
7.6

(3) 
(2.7
)
 
4.9

 
Change in pension and other postretirement benefits liability
7.6

 
(2.7
)
 
4.9

 
Change in Other comprehensive income (loss)
$
512.7

 
$
(155.7
)
 
$
357.0

 

(1) See "Note 5. Deferred Policy Acquisition Costs and Value of Business Acquired" for additional information.
(2) See "Note 3. Derivative Financial Instruments" for additional information.
(3) See "Note 11. Benefit Plans" for amounts reported in Net Periodic (Benefit) Costs.
(4) Amount includes $22.0 valuation allowance. See "Note 10. Income Taxes" for additional information.