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Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 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:
 
June 30,
 
2014
 
2013
Fixed maturities, net of OTTI
$
5,977.5

 
$
3,916.6

Equity securities, available-for-sale
31.5

 
40.2

Derivatives
178.1

 
149.5

DAC/VOBA adjustment on available-for-sale securities
(1,848.2
)
 
(1,339.3
)
Sales inducements adjustment on available-for-sale securities
(88.7
)
 
(70.0
)
Other
(30.4
)
 
(27.7
)
Unrealized capital gains (losses), before tax
4,219.8

 
2,669.3

Deferred income tax asset (liability)
(1,113.0
)
 
(636.4
)
Net unrealized capital gains (losses)
3,106.8

 
2,032.9

Pension and other postretirement benefits liability, net of tax
45.9

 
54.9

AOCI
$
3,152.7

 
$
2,087.8
Schedule of Amounts Recognized in Other Comprehensive Income
 
Six Months Ended June 30, 2014
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
Available-for-sale securities:
 
 
 
 
 
Fixed maturities
$
2,822.0

 
$
(987.1
)
 
$
1,834.9

Equity securities
(15.6
)
 
4.1

 
(11.5
)
Other
(2.7
)
 
0.9

 
(1.8
)
OTTI
24.3

 
(8.5
)
 
15.8

Adjustments for amounts recognized in Net realized capital gains (losses) in the Condensed Consolidated Statements of Operations
(34.0
)
 
11.9

 
(22.1
)
DAC/VOBA
(793.2
)
(1) 
277.7

 
(515.5
)
Sales inducements
(30.6
)
 
10.7

 
(19.9
)
Change in unrealized gains/losses on available-for-sale securities
1,970.2

 
(690.3
)
 
1,279.9

 
 
 
 
 
 
Derivatives:
 
 
 
 
 
Derivatives
46.4

(2) 
(16.2
)
 
30.2

Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations
(3.1
)
 
1.1

 
(2.0
)
Change in unrealized gains/losses on derivatives
43.3

 
(15.1
)
 
28.2

 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Condensed Consolidated Statements of Operations
(6.9
)
 
2.4

 
(4.5
)
Change in pension and other postretirement benefits liability
(6.9
)
 
2.4

 
(4.5
)
Change in Other comprehensive income (loss)
$
2,006.6

 
$
(703.0
)
 
$
1,303.6

(1) See the Deferred Policy Acquisition Costs and Value of Business Acquired Note to these Condensed Consolidated Financial Statements for additional information.
(2) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information.



 
Three Months Ended June 30, 2013
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
Available-for-sale securities:
 
 
 
 
 
Fixed maturities
$
(3,144.6
)
 
$
1,092.2

 
$
(2,052.4
)
Equity securities
4.3

 
(1.5
)
 
2.8

Other
1.3

 
(0.4
)
 
0.9

OTTI
20.4

 
(7.1
)
 
13.3

Adjustments for amounts recognized in Net realized capital gains (losses) in the Condensed Consolidated Statements of Operations
(26.4
)
 
9.1

 
(17.3
)
DAC/VOBA
1,058.2

 
(366.2
)
 
692.0

Sales inducements
49.0

 
(17.0
)
 
32.0

Change in unrealized gains/losses on available-for-sale securities
(2,037.8
)
 
709.1

 
(1,328.7
)
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
Derivatives
(51.5
)
(1) 
17.8

 
(33.7
)
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations
(0.6
)
 
0.2

 
(0.4
)
Change in unrealized gains/losses on derivatives
(52.1
)
 
18.0

 
(34.1
)
 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Condensed Consolidated Statements of Operations
(3.4
)
 
1.2

 
(2.2
)
Change in pension and other postretirement benefits liability
(3.4
)
 
1.2

 
(2.2
)
Change in Other comprehensive income (loss)
$
(2,093.3
)
 
$
728.3

 
$
(1,365.0
)
(1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information.

 
Six Months Ended June 30, 2013
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
Available-for-sale securities:
 
 
 
 
 
Fixed maturities
$
(3,936.7
)
 
$
1,366.6

 
$
(2,570.1
)
Equity securities
(2.0
)
 
0.7

 
(1.3
)
Other
12.9

 
(4.5
)
 
8.4

OTTI
31.3

 
(10.9
)
 
20.4

Adjustments for amounts recognized in Net realized capital gains (losses) in the Condensed Consolidated Statements of Operations
(41.0
)
 
14.2

 
(26.8
)
DAC/VOBA
1,444.2

(1) 
(501.3
)
 
942.9

Sales inducements
77.4

 
(26.9
)
 
50.5

Change in unrealized gains/losses on available-for-sale securities
(2,413.9
)
 
837.9

 
(1,576.0
)
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
Derivatives
(64.2
)
(2) 
22.3

 
(41.9
)
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations
(0.8
)
 
0.3

 
(0.5
)
Change in unrealized gains/losses on derivatives
(65.0
)
 
22.6

 
(42.4
)
 
 
 
 
 
 
Pension and other postretirement benefits liability:
 
 
 
 
 
Amortization of prior service cost recognized in Operating expenses in the Condensed Consolidated Statements of Operations
(6.9
)
 
2.4

 
(4.5
)
Change in pension and other postretirement benefits liability
(6.9
)
 
2.4

 
(4.5
)
Change in Other comprehensive income (loss)
$
(2,485.8
)
 
$
862.9

 
$
(1,622.9
)
(1) See the Deferred Policy Acquisition Costs and Value of Business Acquired Note to these Condensed Consolidated Financial Statements for additional information.
(2) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information.