SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The pre-tax impact to each affected line item on the Company’s financial statements is reflected in the table below:

	As Reported		Previous Accounting Method
	As of June 30, 2018
	(Dollars In Millions)
Financial Statement Line Item:
Balance Sheet
Deferred policy acquisition costs and value of business acquired	$	2,875.7	$	2,737.6
Other liabilities	$	2,087.1	$	1,829.8

	As Reported		Previous Accounting Method		As Reported		Previous Accounting Method
	For the Three Months Ended June 30, 2018				For The Six Months Ended June 30, 2018
	(Dollars In Millions)				(Dollars In Millions)
Financial Statement Line Item:
Statements of Income
Other income	$	79.8	$	82.8	$	160.4	$	162.5
Amortization of deferred policy acquisition costs and value of business acquired	$	52.6	$	41.8	$	110.7	$	86.2
Other operating expenses, net of reinsurance ceded	$	195.3	$	207.8	$	392.4	$	419.1