Other Comprehensive Income (Loss) And Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income

NOTE 12. OTHER COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE INCOME

The components of Other Comprehensive Income (Loss) Before Income Taxes for the years endedDecember 31, 2015, 2014 and 2013 were:

DOLLARS IN MILLIONS	2015			2014			2013
Other Comprehensive Income (Loss) Before Income Taxes:
Unrealized Holding Gains (Losses) Arising During the Year Before Reclassification Adjustment	$	(151.9	)	$	259.7		$	(324.9	)
Reclassification Adjustment for Amounts Included in Net Income	(25.4		)	(25.1		)	(37.9		)
Unrealized Holding Gains (Losses)	(177.3		)	234.6			(362.8		)
Foreign Currency Translation Adjustments Arising During the Year Before Reclassification Adjustment	(1.4		)	(1.0		)	0.2
Reclassification Adjustment for Amounts Included in Net Income	—			—			—
Foreign Currency Translation Adjustments	(1.4		)	(1.0		)	0.2
Net Unrecognized Postretirement Benefit Costs Arising During the Year	3.0			(106.4		)	61.6
Amortization of Net Unrecognized Postretirement Benefit Costs	23.1			7.9			25.0
Net Unrecognized Postretirement Benefit Costs	26.1			(98.5		)	86.6
Other Comprehensive Income (Loss) Before Income Taxes	$	(152.6	)	$	135.1		$	(276.0	)

The components of Other Comprehensive Income Tax Benefit (Expense) for the years endedDecember 31, 2015, 2014 and 2013 were:

DOLLARS IN MILLIONS	2015			2014			2013
Income Tax Benefit (Expense):
Unrealized Holding Gains and Losses Arising During the Year Before Reclassification Adjustment	$	53.9		$	(91.6	)	$	115.9
Reclassification Adjustment for Amounts Included in Net Income	8.9			8.8			13.2
Unrealized Holding Gains and Losses	62.8			(82.8		)	129.1
Foreign Currency Translation Adjustments Arising During the Year Before Reclassification Adjustment	0.5			0.4			(0.1		)
Reclassification Adjustment for Amounts Included in Net Income	—			—			—
Foreign Currency Translation Adjustment	0.5			0.4			(0.1		)
Net Unrecognized Postretirement Benefit Costs Arising During the Year	(1.1		)	37.5			(21.6		)
Amortization of Net Unrecognized Postretirement Benefit Costs	(8.0		)	(2.8		)	(8.8		)
Net Unrecognized Postretirement Benefit Costs	(9.1		)	34.7			(30.4		)
Other Comprehensive Income Tax Benefit (Expense)	$	54.2		$	(47.7	)	$	98.6

The components of AOCI at December 31, 2015 and 2014 were:

DOLLARS IN MILLIONS	2015			2014
Unrealized Gains on Investments, Net of Income Taxes:
Available for Sale Fixed Maturities with Portion of OTTI Recognized in Earnings	$	1.4		$	2.8
Other Net Unrealized Gains on Investments	211.7			324.8
Foreign Currency Translation Adjustments, Net of Income Taxes	(0.7		)	0.2
Net Unrecognized Postretirement Benefit Costs, Net of Income Taxes	(88.1		)	(105.1		)
Accumulated Other Comprehensive Income	$	124.3		$	222.7

NOTE 12. OTHER COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE INCOME (Continued)

Components of AOCI were reclassified to the following lines of the Consolidated Statements of Income for the years endedDecember 31, 2015, 2014 and 2013:

DOLLARS IN MILLIONS	2015			2014			2013
Reclassification of AOCI from Unrealized Gains and Losses on Available For Sale Securities to:
Net Realized Gains on Sales of Investments	$	52.6		$	37.9		$	51.8
Net Impairment Losses Recognized in Earnings	(27.2		)	(12.8		)	(13.9		)
Total Before Income Taxes	25.4			25.1			37.9
Income Tax Expense	(8.9		)	(8.8		)	(13.2		)
Reclassification from AOCI, Net of Income Taxes	16.5			16.3			24.7
Reclassification of AOCI from Amortization of Net Unrecognized Postretirement Benefit Costs to:
Interest and Other Expenses	(23.1		)	(7.9		)	(25.0		)
Income Tax Benefit	8.0			2.8			8.8
Reclassification from AOCI, Net of Income Taxes	(15.1		)	(5.1		)	(16.2		)
Total Reclassification from AOCI to Net Income	$	1.4		$	11.2		$	8.5