Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of accumulated other comprehensive income (loss)

The following table reconciles these components.


($ in millions)	Net Unrealized Investment Gains (Losses) on Securities(1)		Net Funded Status of Benefit Plans(1)		Total(1)
Beginning balance, July 1, 2022	$	(220.4)	$	(10.2)	$	(230.6)
Other comprehensive loss before reclassifications	(188.2)		—		(188.2)
Amounts reclassified from AOCI(2)	11.9		—		11.9
Net current period other comprehensive loss	(176.3)		—		(176.3)
Ending balance, September 30, 2022	$	(396.7)	$	(10.2)	$	(406.9)

Beginning balance, July 1, 2021	$	332.2	$	(11.2)	$	321.0
Other comprehensive income before reclassifications	(29.3)		—		(29.3)
Amounts reclassified from AOCI(3)	4.0		—		4.0
Net current period other comprehensive income	(25.3)		—		(25.3)
Ending balance, September 30, 2021	$	306.9	$	(11.2)	$	295.7

Beginning balance, January 1, 2022	$	290.7	$	(10.2)	$	280.5
Other comprehensive loss before reclassifications	(725.7)		—		(725.7)
Amounts reclassified from AOCI(2)	38.3		—		38.3
Net current period other comprehensive loss	(687.4)		—		(687.4)
Ending balance, September 30, 2022	$	(396.7)	$	(10.2)	$	(406.9)

Beginning balance, January 1, 2021	$	366.3	$	(11.2)	$	355.1
Other comprehensive loss before reclassifications	(65.0)		—		(65.0)
Amounts reclassified from AOCI(3)	5.6		—		5.6
Net current period other comprehensive loss	(59.4)		—		(59.4)
Ending balance, September 30, 2021	$	306.9	$	(11.2)	$	295.7

(1)All amounts are net of tax.

(2)The pretax amounts reclassified from AOCI, $(15.0) million and $(48.4) million, are included in Net investment gains losses and the related income tax benefits, $(3.2) million and $(10.2) million, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2022, respectively.

(3)The pretax amounts reclassified from AOCI, $(5.0) million and $(7.1) million, are included in Net investment losses and the related income tax benefits, $(1.0) million and $(1.5) million, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2021, respectively.