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Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Shareholder’s equity included the following components of AOCI as of the dates indicated:
 
March 31,
 
2014
 
2013
Fixed maturities, net of OTTI
$
1,277.3

 
$
1,925.4

Equity securities, available-for-sale
15.9

 
14.9

Derivatives
156.5

 
202.2

DAC/VOBA and sales inducements adjustment on available-for-sale securities
(469.4
)
 
(712.5
)
Premium deficiency reserve adjustment
(106.3
)
 
(142.3
)
Other
0.1

 
0.1

Unrealized capital gains (losses), before tax
874.1

 
1,287.8

Deferred income tax asset (liability)
(178.6
)
 
(386.7
)
Unrealized capital gains (losses), after tax
695.5

 
901.1

Pension and other postretirement benefits liability, net of tax
9.4

 
10.9

AOCI
$
704.9

 
$
912.0

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)
Changes in AOCI, including the reclassification adjustments recognized in the Condensed Consolidated Statements of Operations were as follows for the periods indicated:
 
Three Months Ended March 31, 2014
 
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
 
Available-for-sale securities:
 
 
 
 
 
 
Fixed maturities
$
452.8

 
$
(158.3
)
 
$
294.5

 
Equity securities
0.4

 
(0.1
)
 
0.3

 
Other
0.1

 

 
0.1

 
OTTI
6.6

 
(2.3
)
 
4.3

 
Adjustments for amounts recognized in Net realized capital gains (losses) in the Condensed Consolidated Statements of Operations
(2.9
)
 
1.0

 
(1.9
)
 
DAC/VOBA and sales inducements
(134.1
)
(1) 
46.9

 
(87.2
)
 
Premium deficiency reserve adjustment
(23.9
)
 
8.4

 
(15.5
)
 
Change in unrealized gains/losses on available-for-sale securities
299.0

 
(104.4
)
 
194.6

 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
Derivatives
24.9

(2) 
(8.7
)
 
16.2

 
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations
(1.4
)
 
0.5

 
(0.9
)
 
Change in unrealized gains/losses on derivatives
23.5

 
(8.2
)
 
15.3

 
 
 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Condensed Consolidated Statements of Operations
(0.6
)
 
0.2

 
(0.4
)
 
Change in pension and other postretirement benefits liability
(0.6
)
 
0.2

 
(0.4
)
 
Change in Other comprehensive income (loss)
$
321.9

 
$
(112.4
)
 
$
209.5

 
(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.

 
Three Months Ended March 31, 2013
 
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
 
Available-for-sale securities:
 
 
 
 
 
 
Fixed maturities
$
(266.6
)
 
$
92.1

 
$
(174.5
)
 
Equity securities
1.4

 
(0.5
)
 
0.9

 
Other
0.1

 

 
0.1

 
OTTI
0.9

 
(0.3
)
 
0.6

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

 
(0.1
)
 
0.1

 
DAC/VOBA and sales inducements
98.1

(1) 
(34.3
)
 
63.8

 
Premium deficiency reserve adjustment
10.3

 
(3.6
)
 
6.7

 
Change in unrealized gains/losses on available-for-sale securities
(155.6
)
 
53.3

 
(102.3
)
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
Derivatives
(12.8
)
(2) 
4.5

 
(8.3
)
 
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations
(0.2
)
 
0.1

 
(0.1
)
 
Change in unrealized gains/losses on derivatives
(13.0
)
 
4.6

 
(8.4
)
 
 
 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Condensed Consolidated Statements of Operations
(0.6
)
 
0.3

 
(0.3
)
 
Change in pension and other postretirement benefits liability
(0.6
)
 
0.3

 
(0.3
)
 
Change in Other comprehensive income (loss)
$
(169.2
)
 
$
58.2

 
$
(111.0
)
 
(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.