Schedule I - Summary of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2013

Schedule I - Summary of Investments - Other Than Investments in Related Parties

Schedule I - Summary of Investments - Other Than Investments in Related Parties

Schedule I — Summary of Investments — Other Than Investments in Related Parties
As of December 31, 2013

Type of Investment	Cost		Value		Amount as shown in the Consolidated Statement of Financial Position

	(in millions)
Fixed maturities, available-for-sale:
U.S Treasury securities and obligations of U.S government corporations and agencies	$	818.2	$	780.5	$	780.5
States, municipalities and political subdivisions		3,622.8		3,658.0		3,658.0
Foreign governments		853.2		996.8		996.8
Public utilities		4,846.6		4,424.0		4,424.0
Redeemable preferred stock		37.8		41.2		41.2
All other corporate bonds		25,396.2		27,453.8		27,453.8
Residential mortgage-backed securities		2,799.1		2,845.2		2,845.2
Commercial mortgage-backed securities		4,078.0		4,026.4		4,026.4
Collateralized debt obligations		391.9		363.4		363.4
Other debt obligations		4,157.5		4,167.8		4,167.8


Total fixed maturities, available-for-sale		47,001.3		48,757.1		48,757.1
Fixed maturities, trading		563.1		563.1		563.1
Equity securities, available-for-sale:
Banks, trust and insurance companies		60.8		51.1		51.1
Industrial, miscellaneous and all other		7.7		10.2		10.2
Non-redeemable preferred stock		45.3		49.2		49.2


Total equity securities, available-for-sale		113.8		110.5		110.5
Equity securities, trading		716.9		716.9		716.9
Mortgage loans (1)		11,603.3		XXXX		11,533.6
Real estate, net:
Real estate acquired in satisfaction of debt		213.6		XXXX		213.8
Other real estate		1,058.0		XXXX		1,057.8
Policy loans		859.7		XXXX		859.7
Other investments (2)		1,542.0		XXXX		2,944.4


Total investments	$	63,671.7		XXXX	$	66,756.9

(1): The amount shown in the Consolidated Statement of Financial Position for mortgage loans differs from cost as mortgage loans are generally reported at cost adjusted for amortization of premiums and accrual of discounts, computed using the interest method and net of valuation allowances.
(2): The amount shown in the Consolidated Statement of Financial Position for other investments differs from cost due to accumulated earnings from minority interests in unconsolidated entities and properties owned jointly with venture partners and operated by the partners. Other investments also includes derivative assets and certain seed money investments, which are reported at fair value, and commercial mortgage loans of consolidated VIEs for which the fair value option was elected.

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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