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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $21,853.2 as of 2017 and $22,364.8 as of 2016) $ 22,799.0 $ 23,169.9
Fixed maturities, at fair value using the fair value option 974.2 957.2
Equity securities, available-for-sale, at fair value (cost of $69.1 as of 2017 and $67.1 as of 2016) 84.6 82.3
Short-term investments 4.0 32.9
Mortgage loans on real estate, net of valuation allowance of $1.2 as of 2017 and $1.1 as of 2016 4,745.1 4,254.5
Policy loans 214.4 218.9
Limited partnerships/corporations 365.7 347.8
Derivatives 164.1 470.8
Securities pledged (amortized cost of $597.8 as of 2017 and $692.8 as of 2016) 664.7 767.9
Total investments 30,015.8 30,302.2
Cash and cash equivalents 568.7 561.0
Short-term investments under securities loan agreement, including collateral delivered 270.1 378.8
Accrued investment income 316.0 301.5
Reinsurance recoverable 1,602.6 1,633.7
Deferred policy acquisition costs, Value of business acquired, and Sale inducements to contract owners 1,015.4 1,028.5
Notes receivable from affiliate 175.0 175.0
Short-term loan to affiliate 100.0 0.0
Current income tax recoverable 3.1 0.7
Due from affiliates 51.5 56.4
Property and equipment 66.8 67.7
Other assets 143.9 159.2
Assets held in separate accounts 66,109.3 61,980.7
Total assets 100,438.2 96,645.4
Liabilities and Shareholder's Equity    
Future policy benefits and contract owner balances 29,576.0 29,578.1
Payable for securities purchased 61.7 7.7
Payables under securities loan agreement, including collateral held 387.4 648.5
Long-term debt 4.9 4.9
Due to affiliates 100.4 162.1
Derivatives 40.0 172.9
Deferred income taxes 271.9 222.8
Other liabilities 403.6 491.4
Liabilities related to separate accounts 66,109.3 61,980.7
Total liabilities 96,955.2 93,269.1
Commitments and Contingencies (Note 9)
Shareholder's equity:    
Common stock (100,000 shares authorized, 55,000 issued and outstanding as of 2017 and 2016; $50 par value per share) 2.8 2.8
Additional paid-in capital 2,994.4 2,994.4
Accumulated other comprehensive income (loss) 612.2 559.5
Retained earnings (deficit) (126.4) (180.4)
Total shareholder's equity 3,483.0 3,376.3
Total liabilities and shareholder's equity $ 100,438.2 $ 96,645.4