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Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Tables)
 3 Months Ended
Mar. 31, 2020
Statement of Comprehensive Income [Abstract]  
Schedule of Comprehensive Income
The components of Other Comprehensive Income (Loss) Before Income Taxes for the three months ended March 31, 2020 and 2019 were:
 
 
Three Months Ended
(Dollars in Millions)
 
Mar 31,
2020
 
Mar 31,
2019
Other Comprehensive Income (Loss) Before Income Taxes:
 
 
 
 
Unrealized Holding Gains (Losses) on Investment Securities Arising During the Period Before Reclassification Adjustment with:
 
 
 
 
No Credit Losses Recognized in Consolidated Statements of Income
 
$
(198.0
)
 
$
175.3

Credit Losses Recognized in Consolidated Statements of Income
 
(2.9
)
 
—

Reclassification Adjustment for Amounts Included in Net Income
 
(3.9
)
 
(12.5
)
Unrealized Holding Gains (Losses)
 
(204.8
)
 
162.8

Foreign Currency Translation Adjustments
 
—

 
—

Net Unrecognized Postretirement Benefit Costs
 
0.7

 
0.6

Gain (Loss) on Cash Flow Hedges
 
0.1

 
0.1

Other Comprehensive Income (Loss) Before Income Taxes
 
$
(204.0
)
 
$
163.5


The components of Other Comprehensive Income Tax Benefit (Expense) for the three months ended March 31, 2020 and 2019 were:
 
 
Three Months Ended
(Dollars in Millions)
 
Mar 31,
2020
 
Mar 31,
2019
Other Comprehensive Income Tax Benefit (Expense):
 
 
 
 
Unrealized Holding Gains (Losses) on Investment Securities Arising During the Period Before Reclassification Adjustment with:
 
 
 
 
No Credit Losses Recognized in Consolidated Statements of Income
 
$
41.6

 
$
(36.8
)
Credit Losses Recognized in Consolidated Statements of Income
 
0.6

 
—

Reclassification Adjustment for Amounts Included in Net Income
 
0.8

 
2.6

Unrealized Holding Gains (Losses)
 
43.0

 
(34.2
)
Foreign Currency Translation Adjustments
 
—

 
—

Net Unrecognized Postretirement Benefit Costs
 
(0.2
)
 
(0.2
)
Gain and Loss on Cash Flow Hedges
 
—

 
—

Other Comprehensive Income Tax Benefit (Expense)
 
$
42.8

 
$
(34.4
)
Schedule of Accumulated Other Comprehensive Income
The components of AOCI at March 31, 2020 and December 31, 2019 were:
(Dollars in Millions)
 
Mar 31,
2020
 
Dec 31,
2019
Net Unrealized Gains on Investments, Net of Income Taxes:
 
 
 
 
No Credit Losses Recognized in Consolidated Statements of Income
 
$
275.3

 
$
439.4

Credit Losses Recognized in Consolidated Statements of Income

 
2.3

 
—

Net Unrecognized Postretirement Benefit Costs, Net of Income Taxes
 
(100.1
)
 
(100.6
)
Loss on Cash Flow Hedges, Net of Income Taxes
 
(2.6
)
 
(2.7
)
Accumulated Other Comprehensive Income
 
$
174.9

 
$
336.1
Reclassification out of Accumulated Comprehensive Income
Components of AOCI were reclassified to the following lines of the Condensed Consolidated Statements of Income for the three months ended March 31, 2020 and 2019:
 
 
Three Months Ended
(Dollars in Millions)
 
Mar 31,
2020
 
Mar 31,
2019
Reclassification of AOCI from Net Unrealized Gains on Investments to:
 
 
 
 
Net Realized Gains on Sales of Investments
 
$
15.9

 
$
16.1

Impairment Losses
 
(12.0
)
 
(3.6
)
Total Before Income Taxes
 
3.9

 
12.5

Income Tax Expense
 
(0.8
)
 
(2.6
)
Reclassification from AOCI, Net of Income Taxes
 
3.1

 
9.9

Reclassification of AOCI from Unrecognized Postretirement Benefit Costs to:
 
 
 
 
Interest and Other Expenses
 
(0.7
)
 
0.6

Income Tax Benefit (Expense)
 
0.1

 
(0.2
)
Reclassification from AOCI, Net of Income Taxes
 
(0.6
)
 
0.4

Reclassification of AOCI from Loss on Cash Flow Hedges to:
 
 
 
 
Interest and Other Expenses
 
(0.1
)
 
0.1

Income Tax Benefit
 
—

 
—

Reclassification from AOCI, Net of Income Taxes
 
(0.1
)
 
0.1

Total Reclassification from AOCI to Net Income
 
$
2.4

 
$
10.4