Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Segment information is as follows:

Certain prior year amounts were reclassified to conform to current year presentation.


	Three Months Ended September 30						Nine Months Ended September 30
	2020		2019		2020		2019
	(in millions of dollars)
Premium Income

Unum US
Group Disability
Group Long-term Disability	$	450.5	$	453.6	$	1,374.5	$	1,363.7
Group Short-term Disability	196.2		194.4		603.0		570.7
Group Life and Accidental Death & Dismemberment
Group Life	406.3		415.0		1,235.4		1,249.4
Accidental Death & Dismemberment	39.7		41.5		123.1		124.2
Supplemental and Voluntary
Individual Disability	117.7		109.2		340.3		328.4
Voluntary Benefits	212.2		226.2		666.6		689.2
Dental and Vision	60.8		62.0		190.9		182.7
	1,483.4		1,501.9		4,533.8		4,508.3

Unum International
Unum UK
Group Long-term Disability	92.2		84.8		272.0		262.3
Group Life	27.3		27.9		83.3		83.9
Supplemental	25.4		21.6		73.9		65.7
Unum Poland	20.5		18.0		57.9		53.0
	165.4		152.3		487.1		464.9


Colonial Life
Accident, Sickness, and Disability	238.9		243.0		738.4		727.6
Life	91.9		86.7		282.5		262.6
Cancer and Critical Illness	89.1		90.2		272.3		269.9
	419.9		419.9		1,293.2		1,260.1

Closed Block
Long-term Care	167.7		163.6		498.2		489.2
Individual Disability	80.0		91.4		240.1		283.9
All Other	1.7		2.1		5.8		6.6
	249.4		257.1		744.1		779.7


Total Premium Income	$	2,318.1	$	2,331.2	$	7,058.2	$	7,013.0


	Unum US		Unum International		Colonial Life		Closed Block		Corporate		Total
	(in millions of dollars)
Three Months Ended September 30, 2020

Premium Income	$	1,483.4	$	165.4	$	419.9	$	249.4	$	—	$	2,318.1
Net Investment Income	190.7		26.3		43.7		351.2		1.3		613.2
Other Income	42.0		0.2		0.3		17.8		0.3		60.6
Adjusted Operating Revenue	$	1,716.1	$	191.9	$	463.9	$	618.4	$	1.6	$	2,991.9

Adjusted Operating Income (Loss)	$	188.2	$	21.4	$	92.2	$	70.8	$	(54.1)	$	318.5

Three Months Ended September 30, 2019

Premium Income	$	1,501.9	$	152.3	$	419.9	$	257.1	$	—	$	2,331.2
Net Investment Income	184.2		24.3		36.9		347.3		6.7		599.4
Other Income	34.8		—		0.9		18.9		1.0		55.6
Adjusted Operating Revenue	$	1,720.9	$	176.6	$	457.7	$	623.3	$	7.7	$	2,986.2

Adjusted Operating Income (Loss)	$	261.4	$	24.2	$	87.2	$	26.9	$	(48.9)	$	350.8


	Unum US		Unum International		Colonial Life		Closed Block		Corporate		Total
	(in millions of dollars)
Nine Months Ended September 30, 2020

Premium Income	$	4,533.8	$	487.1	$	1,293.2	$	744.1	$	—	$	7,058.2
Net Investment Income	547.2		79.1		118.2		1,013.6		9.1		1,767.2
Other Income	117.5		0.4		0.9		49.7		0.5		169.0
Adjusted Operating Revenue	$	5,198.5	$	566.6	$	1,412.3	$	1,807.4	$	9.6	$	8,994.4

Adjusted Operating Income (Loss)	$	681.9	$	55.9	$	264.2	$	137.2	$	(158.1)	$	981.1



Nine Months Ended September 30, 2019

Premium Income	$	4,508.3	$	464.9	$	1,260.1	$	779.7	$	—	$	7,013.0
Net Investment Income	550.4		93.9		111.0		1,048.3		15.4		1,819.0
Other Income	106.1		0.3		2.2		53.5		2.6		164.7
Adjusted Operating Revenue	$	5,164.8	$	559.1	$	1,373.3	$	1,881.5	$	18.0	$	8,996.7

Adjusted Operating Income (Loss)	$	768.0	$	84.0	$	256.8	$	91.6	$	(138.1)	$	1,062.3

A reconciliation of total revenue to "adjusted operating revenue" and income before income tax to "adjusted operating income" is as follows:


	Three Months Ended September 30						Nine Months Ended September 30
	2020		2019		2020		2019
	(in millions of dollars)
Total Revenue	$	2,996.3	$	2,960.0	$	8,888.6	$	8,964.3
Excluding:
Net Realized Investment Gain (Loss)	4.4		(26.2)		(105.8)		(32.4)
Adjusted Operating Revenue	$	2,991.9	$	2,986.2	$	8,994.4	$	8,996.7

Income Before Income Tax	$	299.6	$	299.4	$	839.3	$	1,004.7
Excluding:
Net Realized Investment Gain (Loss)	4.4		(26.2)		(105.8)		(32.4)
Costs Related to Organizational Design Update	(23.3)		—		(23.3)		—
Impairment Loss on ROU Asset	—		—		(12.7)		—
Cost Related to Early Retirement of Debt	—		(25.2)		—		(25.2)



Adjusted Operating Income	$	318.5	$	350.8	$	981.1	$	1,062.3