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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue        
Premium Income $ 2,391.7 $ 2,353.7 $ 7,212.3 $ 7,106.4
Net Investment Income 511.6 550.2 1,597.8 1,662.4
Net Investment Gain (Loss) (4.4) (0.1) (22.3) 85.4
Other Income 63.0 65.9 197.5 180.5
Total Revenue 2,961.9 2,969.7 8,985.3 9,034.7
Benefits and Expenses        
Benefits and Change in Reserves for Future Benefits 1,579.3 1,753.9 5,181.3 5,659.2
Commissions 271.5 258.3 819.1 777.9
Interest and Debt Expense 47.0 44.7 141.3 134.4
Cost Related to Early Retirement of Debt 4.2 0.0 4.2 67.3
Deferral of Acquisition Costs (139.4) (128.6) (419.1) (388.9)
Amortization of Deferred Acquisition Costs 150.8 138.4 449.5 440.8
Compensation Expense 285.9 241.6 794.1 725.9
Other Expenses 247.3 251.5 744.4 746.8
Total Benefits and Expenses 2,446.6 2,559.8 7,714.8 8,163.4
Income Before Income Tax 515.3 409.9 1,270.5 871.3
Income Tax        
Current 156.9 46.5 383.8 164.4
Deferred (52.3) 34.8 (147.9) 42.4
Total Income Tax 104.6 81.3 235.9 206.8
Net Income $ 410.7 $ 328.6 $ 1,034.6 $ 664.5
Net Income Per Common Share        
Basic $ 2.05 $ 1.61 $ 5.14 $ 3.25
Assuming Dilution $ 2.04 $ 1.60 $ 5.11 $ 3.24