SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 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 of September 30, 2018
	As Reported		Previous Accounting Method
	(Dollars In Millions)
Financial Statement Line Item:
Balance Sheet
Deferred policy acquisition costs and value of business acquired	$	2,979.4	$	2,840.0
Other liabilities	$	2,150.2	$	1,891.4

	For the Three Months Ended September 30, 2018				For The Nine Months Ended September 30, 2018
	As Reported		Previous Accounting Method		As Reported		Previous Accounting Method
	(Dollars In Millions)				(Dollars In Millions)
Financial Statement Line Item:
Statements of Income
Other income	$	80.9	$	82.4	$	241.3	$	244.9
Amortization of deferred policy acquisition costs and value of business acquired	$	33.5	$	21.9	$	144.2	$	108.1
Other operating expenses, net of reinsurance ceded	$	190.4	$	203.2	$	582.8	$	622.3