XML 60 R49.htm IDEA: XBRL DOCUMENT v3.23.1
Nature of Operations and Significant Accounting Policies - Cumulative effect adjustment to retained earnings and AOCI (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Dec. 31, 2020
Recent Accounting Pronouncements      
Increase (Decrease) Retained earnings, After-Tax $ 16,398.8 $ 16,697.3  
Increase (Decrease) Accumulated other comprehensive income, After-Tax $ (6,201.3) $ (6,879.0)  
Cumulative effect adjustment | Adjustment for reversal of unrealized gain (loss) from AOCI | DAC and other actuarial balances      
Recent Accounting Pronouncements      
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     $ 421.5
Increase (Decrease) Accumulated other comprehensive income, Tax     (88.5)
Increase (Decrease) Accumulated other comprehensive income, After-Tax     333.0
Cumulative effect adjustment | Adjustment for reversal of unrealized gain (loss) from AOCI | Reinsurance recoverables      
Recent Accounting Pronouncements      
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     (45.5)
Increase (Decrease) Accumulated other comprehensive income, Tax     9.5
Increase (Decrease) Accumulated other comprehensive income, After-Tax     (36.0)
Cumulative effect adjustment | Adjustment for reversal of unrealized gain (loss) from AOCI | Liability for future policy benefits      
Recent Accounting Pronouncements      
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     1,965.3
Increase (Decrease) Accumulated other comprehensive income, Tax     (452.2)
Increase (Decrease) Accumulated other comprehensive income, After-Tax     1,513.1
Cumulative effect adjustment | Adjustment under the modified retrospective approach | Reinsurance recoverables      
Recent Accounting Pronouncements      
Increase (Decrease) Retained earnings, Pre-Tax     31.4
Increase (Decrease) Retained earnings, Tax     (6.6)
Increase (Decrease) Retained earnings, After-Tax     24.8
Cumulative effect adjustment | Adjustment under the modified retrospective approach | Liability for future policy benefits      
Recent Accounting Pronouncements      
Increase (Decrease) Retained earnings, Pre-Tax     (119.1)
Increase (Decrease) Retained earnings, Tax     29.8
Increase (Decrease) Retained earnings, After-Tax     (89.3)
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     17.9
Increase (Decrease) Accumulated other comprehensive income, Tax     (4.8)
Increase (Decrease) Accumulated other comprehensive income, After-Tax     13.1
Cumulative effect adjustment | Effect of remeasurement at the current discount rate | Reinsurance recoverables      
Recent Accounting Pronouncements      
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     201.8
Increase (Decrease) Accumulated other comprehensive income, Tax     (42.4)
Increase (Decrease) Accumulated other comprehensive income, After-Tax     159.4
Cumulative effect adjustment | Effect of remeasurement at the current discount rate | Liability for future policy benefits      
Recent Accounting Pronouncements      
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     (9,043.1)
Increase (Decrease) Accumulated other comprehensive income, Tax     2,024.8
Increase (Decrease) Accumulated other comprehensive income, After-Tax     (7,018.3)
Cumulative effect adjustment | Investment in equity method subsidiary impacted by LDTI | Other investments      
Recent Accounting Pronouncements      
Increase (Decrease) Retained earnings, Pre-Tax     22.8
Increase (Decrease) Retained earnings, Tax     (9.1)
Increase (Decrease) Retained earnings, After-Tax     13.7
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     (25.5)
Increase (Decrease) Accumulated other comprehensive income, Tax     10.2
Increase (Decrease) Accumulated other comprehensive income, After-Tax     (15.3)
Cumulative effect adjustment | Cumulative effect of amortization basis change | Cost of reinsurance asset (liability)      
Recent Accounting Pronouncements      
Increase (Decrease) Retained earnings, Pre-Tax     (9.0)
Increase (Decrease) Retained earnings, Tax     1.9
Increase (Decrease) Retained earnings, After-Tax     (7.1)
Cumulative effect adjustment | Adjustment of unrealized loss in AOCI | Cost of reinsurance asset (liability)      
Recent Accounting Pronouncements      
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     16.1
Increase (Decrease) Accumulated other comprehensive income, Tax     (3.4)
Increase (Decrease) Accumulated other comprehensive income, After-Tax     12.7
Cumulative effect adjustment | Cumulative effect of changes in the nonperformance risk between the original contract issue date and the transition date | Market risk benefits      
Recent Accounting Pronouncements      
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     (4.8)
Increase (Decrease) Accumulated other comprehensive income, Tax     1.0
Increase (Decrease) Accumulated other comprehensive income, After-Tax     (3.8)
Cumulative effect adjustment | Adjustments to the host contract for differences between previous carrying amount and measurement of the MRB | Market risk benefits      
Recent Accounting Pronouncements      
Increase (Decrease) Retained earnings, Pre-Tax     20.9
Increase (Decrease) Retained earnings, Tax     (4.4)
Increase (Decrease) Retained earnings, After-Tax     16.5
Cumulative effect adjustment | Retained earnings adjustment for the valuation of contracts as MRBs (exclusive of nonperformance risk changes) | Market risk benefits      
Recent Accounting Pronouncements      
Increase (Decrease) Retained earnings, Pre-Tax     (258.8)
Increase (Decrease) Retained earnings, Tax     54.4
Increase (Decrease) Retained earnings, After-Tax     (204.4)
Cumulative effect adjustment | Reclassification of nonperformance risk changes between retained earnings and AOCI | Market risk benefits      
Recent Accounting Pronouncements      
Increase (Decrease) Retained earnings, Pre-Tax     108.4
Increase (Decrease) Retained earnings, Tax     (22.5)
Increase (Decrease) Retained earnings, After-Tax     85.9
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     (108.4)
Increase (Decrease) Accumulated other comprehensive income, Tax     22.5
Increase (Decrease) Accumulated other comprehensive income, After-Tax     (85.9)
ASU 2018-12 - Targeted improvements to the accounting for long-duration insurance contracts | Cumulative effect adjustment      
Recent Accounting Pronouncements      
Increase (Decrease) Retained earnings, Pre-Tax     (203.4)
Increase (Decrease) Retained earnings, Tax     43.5
Increase (Decrease) Retained earnings, After-Tax     (159.9)
Increase (Decrease) Accumulated other comprehensive income, Pre-Tax     (6,604.7)
Increase (Decrease) Accumulated other comprehensive income, Tax     1,476.7
Increase (Decrease) Accumulated other comprehensive income, After-Tax     $ (5,128.0)