Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2014

Statement of Comprehensive Income [Abstract]

Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income

Note 7 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income

The components of Other Comprehensive Income (Loss) Before Income Taxes for the three months endedMarch 31, 2014 and 2013 were:

	Three Months Ended
(Dollars in Millions)	Mar 31, 2014			Mar 31, 2013
Other Comprehensive Income (Loss) Before Income Taxes:
Unrealized Holding Gains (Losses) Arising During the Period Before Reclassification Adjustment	$	124.4		$	(23.9	)
Reclassification Adjustment for Amounts Included in Net Income	(4.4		)	(24.1		)
Unrealized Holding Gains (Losses)	120.0			(48.0		)
Foreign Currency Translation Adjustments	—			(0.2		)
Amortization of Unrecognized Postretirement Benefit Costs	2.0			5.4
Other Comprehensive Income (Loss) Before Income Taxes	$	122.0		$	(42.8	)

The components of Other Comprehensive Income Tax Benefit (Expense) for the three months endedMarch 31, 2014 and 2013 were:

	Three Months Ended
(Dollars in Millions)	Mar 31, 2014			Mar 31, 2013
Other Comprehensive Income Tax Benefit (Expense):
Unrealized Holding Gains and Losses Arising During the Period Before Reclassification Adjustment	$	(43.9	)	$	9.6
Reclassification Adjustment for Amounts Included in Net Income	1.5			8.4
Unrealized Holding Gains and Losses	(42.4		)	18.0
Foreign Currency Translation Adjustment	—			0.1
Amortization of Unrecognized Postretirement Benefit Costs	(0.7		)	(1.9		)
Other Comprehensive Income Tax Benefit (Expense)	$	(43.1	)	$	16.2

The components of Accumulated Other Comprehensive Income (“AOCI”) at March 31, 2014 and December 31, 2013 were:

(Dollars in Millions)	Mar 31, 2014			Dec 31, 2013
Unrealized Gains on Investments, Net of Income Taxes:
Available for Sale Fixed Maturities with Portion of OTTI Recognized in Earnings	$	0.9		$	0.3
Other Net Unrealized Gains on Investments	252.5			175.5
Foreign Currency Translation Adjustments, Net of Income Taxes	0.8			0.8
Net Unrecognized Postretirement Benefit Costs, Net of Income Taxes	(40.0		)	(41.3		)
Accumulated Other Comprehensive Income	$	214.2		$	135.3

Note 7 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (continued)

Components of AOCI were reclassified to the following lines of the Condensed Consolidated Statements of Income for the three months endedMarch 31, 2014 and 2013:

	Three Months Ended
(Dollars in Millions)	Mar 31, 2014			Mar 31, 2013
Reclassification of AOCI from Unrealized Gains and Losses on Available For Sale Securities to:
Net Realized Gains on Sales of Investments	$	5.2		$	26.0
Net Impairment Losses Recognized in Earnings	(0.8		)	(1.9		)
Total Before Income Taxes	4.4			24.1
Income Tax Expense	(1.5		)	(8.4		)
Reclassification from AOCI, Net of Income Taxes	2.9			15.7
Reclassification of AOCI from Amortization of Unrecognized Postretirement Benefit Costs to:
Interest and Other Expenses	(2.0		)	(5.4		)
Income Tax Benefit	0.7			1.9
Reclassification from AOCI, Net of Income Taxes	(1.3		)	(3.5		)
Total Reclassification from AOCI to Net Income	$	1.6		$	12.2