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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Net investment income $ 378.8 $ 380.7 $ 1,135.7 $ 1,109.9
Fee income 170.2 186.0 537.1 539.3
Premiums 10.6 73.3 34.5 565.3
Broker-dealer commission revenue 42.0 44.5 128.1 132.1
Net realized capital gains (losses):        
Total other-than-temporary impairments (0.3) (4.3) (0.7) (12.6)
Less: Portion of other-than-temporary impairments recognized in Other comprehensive income (loss) (0.1) 0.0 (0.1) 0.1
Net other-than-temporary impairments recognized in earnings (0.2) (4.3) (0.6) (12.7)
Other net realized capital gains (losses) (42.1) (50.0) (144.5) (163.4)
Total net realized capital gains (losses) (42.3) (54.3) (145.1) (176.1)
Other revenue (0.4) (0.5) 1.6 (0.7)
Total revenues 558.9 629.7 1,691.9 2,169.8
Benefits and expenses:        
Interest credited and other benefits to contract owners/policyholders 240.5 292.7 720.3 1,278.7
Operating expenses 193.2 205.3 604.6 606.8
Broker-dealer commission expense 42.0 44.5 128.1 132.1
Net amortization of Deferred policy acquisition costs and Value of business acquired 84.4 119.5 219.9 116.3
Interest expense 0.0 0.0 0.1 0.0
Total benefits and expenses 560.1 662.0 1,673.0 2,133.9
Income (loss) before income taxes (1.2) (32.3) 18.9 35.9
Income tax expense (benefit) (13.8) (21.2) (21.3) (4.8)
Net income (loss) $ 12.6 $ (11.1) $ 40.2 $ 40.7