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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Premiums and contract charges earned $ 889.6 $ 930.7 $ 898.0
Net investment income 422.5 357.6 365.1
Net investment (losses) gains (11.0) (2.3) 153.3
Other income 29.0 24.4 14.1
Total revenues 1,330.1 1,310.4 1,430.5
Benefits, losses and expenses      
Benefits, claims and settlement expenses 617.7 568.9 585.1
Interest credited 164.4 204.6 212.8
Operating expenses 251.5 237.8 234.6
DAC unlocking and amortization expense 94.7 99.9 109.2
Intangible asset amortization expense 13.0 14.4 8.8
Interest expense 13.9 15.2 15.6
Other expense - goodwill and intangible asset impairments 0.0 10.0 28.0
Total benefits, losses and expenses 1,155.2 1,150.8 1,194.1
Income before income taxes 174.9 159.6 236.4
Income tax expense 32.1 26.3 52.0
Net income $ 142.8 $ 133.3 $ 184.4
Net income per share      
Basic (in usd per share) $ 3.40 $ 3.18 $ 4.42
Diluted (in usd per share) $ 3.39 $ 3.17 $ 4.40
Weighted average number of shares and equivalent shares      
Basic (in shares) 42.0 41.9 41.7
Diluted (in shares) 42.2 42.0 41.9
Net income $ 142.8 $ 133.3 $ 184.4
Other comprehensive income (loss), net of tax:      
Change in net unrealized investment gains (losses) on fixed maturity securities (75.6) 135.9 133.5
Change in net funded status of benefit plans 1.0 (0.4) 1.4
Other comprehensive income (loss) (74.6) 135.5 134.9
Comprehensive income $ 68.2 $ 268.8 $ 319.3