XML 30 R19.htm IDEA: XBRL DOCUMENT v3.5.0.2
Accumulated Other Comprehensive Income
9 Months Ended
Sep. 30, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
A reconciliation of the components of accumulated other comprehensive loss at September 30, 2016 and 2015 is as follows:
 
September 30
 
2016
 
2015
Investments, excluding non-credit component of other-than-temporary impairments:
 
 
 
Gross unrealized gains
$
1,068.9

 
$
829.9

Gross unrealized losses
(74.2
)
 
(366.6
)
Net pre-tax unrealized gains
994.7

 
463.3

Deferred tax liability
(364.0
)
 
(157.7
)
Net unrealized gains on investments
630.7

 
305.6

Non-credit components of other-than-temporary impairments on investments:
 
 
 
Unrealized losses
(12.1
)
 
(13.3
)
Deferred tax asset
4.3

 
4.7

Net unrealized non-credit component of other-than-temporary impairments on investments
(7.8
)
 
(8.6
)
Cash flow hedges:
 
 
 
Gross unrealized losses
(852.0
)
 
(170.2
)
Deferred tax asset
298.2

 
59.6

Net unrealized losses on cash flow hedges
(553.8
)
 
(110.6
)
Defined benefit pension plans:
 
 
 
Deferred net actuarial loss
(615.8
)
 
(538.8
)
Deferred prior service credits
(0.3
)
 
1.8

Deferred tax asset
243.0

 
213.4

Net unrecognized periodic benefit costs for defined benefit pension plans
(373.1
)
 
(323.6
)
Postretirement benefit plans:
 
 
 
Deferred net actuarial loss
(153.4
)
 
(199.8
)
Deferred prior service credits
63.2

 
77.2

Deferred tax asset
35.5

 
48.8

Net unrecognized periodic benefit costs for postretirement benefit plans
(54.7
)
 
(73.8
)
Foreign currency translation adjustments:
 
 
 
Gross unrealized losses
(7.9
)
 
(8.0
)
Deferred tax asset
2.7

 
2.8

Net unrealized losses on foreign currency translation adjustments
(5.2
)
 
(5.2
)
Accumulated other comprehensive loss
$
(363.9
)
 
$
(216.2
)

Other comprehensive income (loss) reclassification adjustments for the three months ended September 30, 2016 and 2015 are as follows:
 
Three Months Ended September 30
 
2016
 
2015
Investments:
 
 
 
Net holding gain (loss) on investment securities arising during the period, net of tax (expense) benefit of ($36.7) and $94.5, respectively
$
63.4

 
$
(161.3
)
Reclassification adjustment for net realized (gain) loss on investment securities, net of tax expense (benefit) of $31.3 and ($10.9), respectively
(58.1
)
 
20.1

Total reclassification adjustment on investments
5.3

 
(141.2
)
Non-credit component of other-than-temporary impairments on investments:
 
 
 
Non-credit component of other-than-temporary impairments on investments, net of tax (expense) benefit of ($4.9) and $2.7, respectively
9.3

 
(4.9
)
Cash flow hedges:
 
 
 
Holding loss, net of tax benefit of $9.2 and $41.3, respectively
(17.2
)
 
(76.5
)
Other:
 
 
 
Net change in unrecognized periodic benefit costs for defined benefit pension and postretirement benefit plans, net of tax expense of ($1.7) and ($3.7), respectively
3.2

 
5.6

Foreign currency translation adjustment, net of tax expense of ($0.3) and ($0.2), respectively
0.4

 
0.4

Net gain (loss) recognized in other comprehensive income, net of tax (expense) benefit of ($3.1) and $123.7, respectively
$
1.0

 
$
(216.6
)

Other comprehensive income (loss) reclassification adjustments for the nine months ended September 30, 2016 and 2015 are as follows:
 
Nine Months Ended September 30
 
2016
 
2015
Investments:
 
 
 
Net holding gain (loss) on investment securities arising during the period, net of tax (expense) benefit of ($275.8) and $147.6, respectively
$
454.3

 
$
(275.2
)
Reclassification adjustment for net realized gain on investment securities, net of tax expense of $36.0 and $25.2, respectively
(66.9
)
 
(46.8
)
Total reclassification adjustment on investments
387.4

 
(322.0
)
Non-credit component of other-than-temporary impairments on investments:
 
 
 
Non-credit component of other-than-temporary impairments on investments, net of tax (expense) benefit of ($1.0) and $2.3, respectively
2.2

 
(4.2
)
Cash flow hedges:
 
 
 
Holding loss, net of tax benefit of $254.5 and $40.3, respectively
(472.7
)
 
(74.7
)
Other:
 
 
 
Net change in unrecognized periodic benefit costs for defined benefit pension and postretirement benefit plans, net of tax expense of ($7.0) and ($10.0), respectively
10.8

 
15.2

Foreign currency translation adjustment, net of tax (expense) benefit of ($0.5) and $1.3, respectively
1.0

 
(2.4
)
Net loss recognized in other comprehensive income, net of tax benefit of $6.2 and $206.7, respectively
$
(71.3
)
 
$
(388.1
)