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

3 Months Ended

Mar. 31, 2023

Mar. 31, 2022

The tables below display the changes in Accumulated Other Comprehensive Loss by component for the three months ended March 31, 2023 and 2022.


(Dollars in Millions)	Net Unrealized Losses on Other Investments		Net Unrealized Losses on Investments with an Allowance for Credit Losses		Net Unrecognized Postretirement Benefit Costs		Gain (Loss) on Cash Flow Hedges		Change in Discount Rate on Future Life Policyholder Benefits		Total
Balance as of January 1, 2023	$	(719.4)	$	(2.2)	$	(37.2)	$	2.8	$	241.1	$	(514.9)
Other Comprehensive Income (Loss) Before Reclassifications	147.5		1.4		—		—		(86.7)		62.2
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $0.0, $0.4, $(0.1), $0.1, $0.0 and $0.4	(0.1)		(1.4)		(0.4)		(0.1)		—		(2.0)
Other Comprehensive Income (Loss) Net of Tax Benefit (Expense) of $(39.8), $(0.4), $0.0, $0.0, $23.1 and $(17.1)	147.4		—		(0.4)		(0.1)		(86.7)		60.2
Balance as of March 31, 2023	$	(572.0)	$	(2.2)	$	(37.6)	$	2.7	$	154.4	$	(454.7)


(Dollars in Millions)	Net Unrealized Gains (Losses) on Other Investments		Net Unrealized Losses on Investments with an Allowance for Credit Losses		Net Unrecognized Postretirement Benefit Costs		(Loss) Gain on Cash Flow Hedges		Change in Discount Rate on Future Life Policyholder Benefits		Total
Balance as of January 1, 2022, as Reported	$	505.8	$	(3.7)	$	(52.1)	$	(1.9)	$	(849.7)	$	(401.6)


Other Comprehensive (Loss) Income Before Reclassifications	(515.1)		(5.8)		—		4.7		444.2		(72.0)
Amounts Reclassified from Accumulated Other Comprehensive (Loss) Income Net of Tax Benefit (Expense) of $(1.5), $0.0, $0.0, $0.0, $0.0 and $(1.5)	5.8		—		—		—		—		5.8
Other Comprehensive (Loss) Income Net of Tax (Expense) Benefit of $135.2, $1.6, $0.0, $(1.2), $(118.1) and $17.5	(509.3)		(5.8)		—		4.7		444.2		(66.2)
Balance as of March 31, 2022	$	(3.5)	$	(9.5)	$	(52.1)	$	2.8	$	(405.5)	$	(467.8)