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Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
 6 Months Ended
Jun. 30, 2017
Deferred Policy Acquisition Costs and Value of Business Acquired [Abstract]  
Deferred Policy Acquisition Costs and Value of Business Acquired
The following tables present a rollforward of DAC and VOBA for the periods indicated:

 
2017
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2017
$
476.4

 
$
537.4

 
$
1,013.8

Deferrals of commissions and expenses
38.9

 
2.5

 
41.4

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(37.0
)
 
(39.2
)
 
(76.2
)
Unlocking (1)
(46.8
)
 
(55.5
)
 
(102.3
)
Interest accrued
19.1

 
23.9

(2) 
43.0

Net amortization included in the Condensed Consolidated Statements of Operations
(64.7
)
 
(70.8
)
 
(135.5
)
Change due to unrealized capital gains/losses on available-for-sale securities
(55.7
)
 
(70.2
)
 
(125.9
)
Balance as of June 30, 2017
$
394.9

 
$
398.9

 
$
793.8


 
2016
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2016
$
520.4

 
$
708.7

 
$
1,229.1

Deferrals of commissions and expenses
37.3

 
2.8

 
40.1

Amortization:
 
 
 
 
 
Amortization, excluding unlocking
(29.8
)
 
(28.5
)
 
(58.3
)
Unlocking (1)
5.6

 
9.9

 
15.5

Interest accrued
18.8

 
27.2

(2) 
46.0

Net amortization included in the Condensed Consolidated Statements of Operations
(5.4
)
 
8.6

 
3.2

Change due to unrealized capital gains/losses on available-for-sale securities
(164.5
)
 
(247.5
)
 
(412.0
)
Balance as of June 30, 2016
$
387.8

 
$
472.6

 
$
860.4