Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Tables)

3 Months Ended

6 Months Ended

Jun. 30, 2022

Jun. 30, 2021

Jun. 30, 2022

Jun. 30, 2021

The tables below display the changes in Accumulated Other Comprehensive Income (Loss) by component for the three months ended June 30, 2022 and 2021.


(Dollars in Millions)	Net Unrealized Gains (Losses) on Other Investments	Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses	Net Unrecognized Postretirement Benefit Costs	Gain (Loss) on Cash Flow Hedges	Total
Balance as of March 31, 2022	(3.5)	(9.5)	(52.1)	2.8	(62.3)
Other Comprehensive Income (Loss) Before Reclassifications	(456.9)	5.4	—	—	(451.5)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $1.7, $—, $—, $— and $1.7	(6.9)	—	(0.1)	—	(7.0)
Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $123.4, $(1.5), $—, $— and $121.9	(463.8)	5.4	(0.1)	—	(458.5)
Balance as of June 30, 2022	(467.3)	(4.1)	(52.2)	2.8	(520.8)

Note 10 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss) (Continued)


(Dollars in Millions)	Net Unrealized Gains (Losses) on Other Investments	Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses	Net Unrecognized Postretirement Benefit Costs	Gain (Loss) on Cash Flow Hedges	Total
Balance as of March 31, 2021	441.4	(3.8)	(44.9)	(2.2)	390.5
Other Comprehensive Income (Loss) Before Reclassifications	165.2	(0.2)	—	—	165.0
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $3.3, $—, $0.1, $— and $3.7	(12.6)	—	—	0.1	(12.5)
Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $(38.2), $0.1, $(0.1), $— and $(38.2)	152.6	(0.2)	—	0.1	152.5
Balance as of June 30, 2021	594.0	(4.0)	(44.9)	(2.1)	543.0

The tables below display the changes in Accumulated Other Comprehensive Income (Loss) by component for the six months ended June 30, 2022 and 2021.


(Dollars in Millions)	Net Unrealized Gains (Losses) on Other Investments	Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses	Net Unrecognized Postretirement Benefit Costs	Gain (Loss) on Cash Flow Hedges	Total
Balance as of January 1, 2022	505.8	(3.7)	(52.1)	(1.9)	448.1
Other Comprehensive Income (Loss) Before Reclassifications	(972.0)	(0.4)	—	4.7	(967.7)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $0.2, $—, $—, $— and $0.2	(1.1)	—	(0.1)	—	(1.2)
Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $258.6, $0.1, $—, $(1.2) and $257.5	(973.1)	(0.4)	(0.1)	4.7	(968.9)
Balance as of June 30, 2022	(467.3)	(4.1)	(52.2)	2.8	(520.8)


(Dollars in Millions)	Net Unrealized Gains (Losses) on Other Investments	Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses	Net Unrecognized Postretirement Benefit Costs	Gain (Loss) on Cash Flow Hedges	Total
Balance as of January 1, 2021	730.6	(2.1)	(45.7)	(2.3)	680.5
Other Comprehensive Income (Loss) Before Reclassifications	(116.3)	(1.9)	—	—	(118.2)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $5.4, $—, $0.4, $— and $5.8	(20.3)	—	0.8	0.2	(19.3)
Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $36.6, $0.5, $0.4, $— and $37.5	(136.6)	(1.9)	0.8	0.2	(137.5)
Balance as of June 30, 2021	594.0	(4.0)	(44.9)	(2.1)	543.0