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Accumulated Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income
Shareholders' equity included the following components of Accumulated Other Comprehensive Income ("AOCI") as of the dates indicated:
 
December 31,
 
2014
 
2013
 
2012
Fixed maturities, net of OTTI
$
5,844.8

 
$
3,165.3

 
$
7,863.0

Equity securities, available-for-sale
29.8

 
47.0

 
42.2

Derivatives
229.4

 
134.8

 
214.4

DAC/VOBA adjustment on available-for-sale securities
(1,840.7
)
 
(1,055.0
)
 
(2,783.6
)
Sales inducements adjustment on available-for-sale securities
(75.1
)
 
(58.1
)
 
(147.4
)
Other
(31.4
)
 
(27.7
)
 
(40.5
)
Unrealized capital gains (losses), before tax
4,156.8

 
2,206.3

 
5,148.1

Deferred income tax asset (liability)
(1,094.5
)
 
(407.6
)
 
(1,496.8
)
Net unrealized capital gains (losses)
3,062.3

 
1,798.7

 
3,651.3

Pension and other postretirement benefits liability, net of tax
41.4

 
50.4

 
59.4

AOCI
$
3,103.7

 
$
1,849.1

 
$
3,710.7
Schedule of Amounts Recognized in Other Comprehensive Income
Changes in AOCI, including the reclassification adjustments recognized in the Consolidated Statements of Operations were as follows for the periods indicated:
 
December 31, 2014
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
Available-for-sale securities:
 
 
 
 
 
Fixed maturities
$
2,693.0

 
$
(946.8
)
 
$
1,746.2

Equity securities
(17.2
)
 
6.0

 
(11.2
)
Other
(3.7
)
 
1.3

 
(2.4
)
OTTI
40.0

 
(14.0
)
 
26.0

Adjustments for amounts recognized in Net realized capital gains (losses) in the Consolidated Statements of Operations
(53.5
)
 
18.7

 
(34.8
)
DAC/VOBA
(785.7
)
(1) 
275.0

 
(510.7
)
Sales inducements
(17.0
)
 
6.0

 
(11.0
)
Change in unrealized gains/losses on available-for-sale securities
1,855.9

 
(653.8
)
 
1,202.1

 
 
 
 
 
 
Derivatives:
 
 
 
 
 
Derivatives
102.0

(2) 
(35.7
)
 
66.3

Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Consolidated Statements of Operations
(7.4
)
 
2.6

 
(4.8
)
Change in unrealized gains/losses on derivatives
94.6

 
(33.1
)
 
61.5

 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Consolidated Statements of Operations
(13.8
)
(3) 
4.8

 
(9.0
)
Change in pension and other postretirement benefits liability
(13.8
)
 
4.8

 
(9.0
)
Change in Other comprehensive income (loss)
$
1,936.7

 
$
(682.1
)
 
$
1,254.6


(1) See the Deferred Policy Acquisition Costs and Value of Business Acquired Note to these Consolidated Financial Statements for additional information.
(2) See the Derivative Financial Instruments Note to these Consolidated Financial Statements for additional information.
(3) See the Employee Benefit Arrangements Note to these Consolidated Financial Statements for amounts reported in Net Periodic (Benefit) Costs.


 
December 31, 2013
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
Available-for-sale securities:
 
 
 
 
 
Fixed maturities
$
(4,628.9
)
 
$
1,678.3

(4) 
$
(2,950.6
)
Equity securities
4.8

 
(0.3
)
 
4.5

Other
12.8

 
(4.5
)
 
8.3

OTTI
48.0

 
(16.8
)
 
31.2

Adjustments for amounts recognized in Net realized capital gains (losses) in the Consolidated Statements of Operations
(116.8
)
 
40.9

 
(75.9
)
DAC/VOBA
1,728.6

(1) 
(605.0
)
 
1,123.6

Sales inducements
89.3

 
(31.3
)
 
58.0

Change in unrealized gains/losses on available-for-sale securities
(2,862.2
)
 
1,061.3

 
(1,800.9
)
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
Derivatives
(76.9
)
(2) 
27.0

 
(49.9
)
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Consolidated Statements of Operations
(2.7
)
 
0.9

 
(1.8
)
Change in unrealized gains/losses on derivatives
(79.6
)
 
27.9

 
(51.7
)
 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Consolidated Statements of Operations
(13.8
)
(3) 
4.8

 
(9.0
)
Change in pension and other postretirement benefits liability
(13.8
)
 
4.8

 
(9.0
)
Change in Other comprehensive income (loss)
$
(2,955.6
)
 
$
1,094.0

 
$
(1,861.6
)
(1) See the Deferred Policy Acquisition Costs and Value of Business Acquired Note to these Consolidated Financial Statements for additional information.
(2) See the Derivative Financial Instruments Note to these Consolidated Financial Statements for additional information.
(3) See the Employee Benefit Arrangements Note to these Consolidated Financial Statements for amounts reported in Net Periodic (Benefit) Costs.
(4) Amount includes $65.6 release of valuation allowance. See the Income Taxes Note to these Consolidated Financial Statements for additional information.



 
December 31, 2012
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
Available-for-sale securities:
 
 
 
 
 
Fixed maturities
$
2,653.8

 
$
(907.7
)
 
$
1,746.1

Equity securities
9.0

 
(3.2
)
 
5.8

Other
(7.3
)
 
2.6

 
(4.7
)
OTTI
52.2

 
(18.3
)
 
33.9

Adjustments for amounts recognized in Net realized capital gains (losses) in the Consolidated Statements of Operations
(389.8
)
 
132.5

 
(257.3
)
DAC/VOBA
(581.3
)
(1) 
203.5

 
(377.8
)
Sales inducements
(67.1
)
 
23.5

 
(43.6
)
Change in unrealized gains/losses on available-for-sale securities
1,669.5

 
(567.1
)
 
1,102.4

 
 
 
 
 
 
Derivatives:
 
 
 
 
 
Derivatives
41.8

(2) 
(14.6
)
 
27.2

Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Consolidated Statements of Operations
—

 
—

 
—

Change in unrealized gains/losses on derivatives
41.8

 
(14.6
)
 
27.2

 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Consolidated Statements of Operations
(21.4
)
(3) 
7.5

 
(13.9
)
Change in pension and other postretirement benefits liability
(21.4
)
 
7.5

 
(13.9
)
Change in Other comprehensive income (loss)
$
1,689.9

 
$
(574.2
)
 
$
1,115.7

(1) See the Deferred Policy Acquisition Costs and Value of Business Acquired Note to these Consolidated Financial Statements for additional information.
(2) See the Derivative Financial Instruments Note to these Consolidated Financial Statements for additional information.
(3) See the Employee Benefit Arrangements Note to these Consolidated Financial Statements for amounts reported in Net Periodic (Benefit) Costs.