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Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 30, 2013
Statement of Comprehensive Income [Abstract]  
Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income
Note 7 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income
The components of Other Comprehensive Income (Loss) Before Income Taxes for the nine and three months ended September 30, 2013 and 2012 were:
 
 
Nine Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Sep 30,
2013
 
Sep 30,
2012
 
Sep 30,
2013
 
Sep 30,
2012
Other Comprehensive Income (Loss) Before Income Taxes:
 
 
 
 
 
 
 
 
Unrealized Holding Gains (Losses) Arising During the Period Before Reclassification Adjustment
 
$
(291.5
)
 
$
180.2

 
$
(33.8
)
 
$
98.3

Reclassification Adjustment for Amounts Included in Net Income
 
(24.9
)
 
(58.6
)
 
0.4

 
(50.6
)
Unrealized Holding Gains (Losses)
 
(316.4
)
 
121.6

 
(33.4
)
 
47.7

Foreign Currency Translation Adjustments
 
0.1

 
1.5

 
0.2

 
0.2

Amortization of Unrecognized Postretirement Benefit Costs
 
18.4

 
12.0

 
6.3

 
4.4

Other Comprehensive Income (Loss) Before Income Taxes
 
$
(297.9
)
 
$
135.1

 
$
(26.9
)
 
$
52.3


The components of Other Comprehensive Income Tax Benefit (Expense) for the nine and three months ended September 30, 2013 and 2012 were:
 
 
Nine Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Sep 30,
2013
 
Sep 30,
2012
 
Sep 30,
2013
 
Sep 30,
2012
Other Comprehensive Income Tax Benefit (Expense):
 
 
 
 
 
 
 
 
Unrealized Holding (Gains) Losses Arising During the Period Before Reclassification Adjustment
 
$
104.1

 
$
(63.8
)
 
$
11.9

 
$
(34.8
)
Reclassification Adjustment for Amounts Included in Net Income
 
8.7

 
20.6

 
(0.1
)
 
17.8

Unrealized Holding (Gains) Losses
 
112.8

 
(43.2
)
 
11.8

 
(17.0
)
Foreign Currency Translation Adjustment
 
—

 
(0.5
)
 
—

 
(0.1
)
Amortization of Unrecognized Postretirement Benefit Costs
 
(6.5
)
 
(4.3
)
 
(2.3
)
 
(1.6
)
Other Comprehensive Income Tax Benefit (Expense)
 
$
106.3

 
$
(48.0
)
 
$
9.5

 
$
(18.7
)

The components of Accumulated Other Comprehensive Income (“AOCI”) at September 30, 2013 and December 31, 2012 were:
(Dollars in Millions)
 
Sep 30,
2013
 
Dec 31,
2012
Unrealized Gains on Investments, Net of Income Taxes:
 
 
 
 
Available for Sale Fixed Maturities with Portion of OTTI Recognized in Earnings
 
$
0.3

 
$
1.4

Other Unrealized Gains on Investments
 
205.6

 
408.1

Foreign Currency Translation Adjustments, Net of Income Taxes
 
0.8

 
0.7

Net Unrecognized Postretirement Benefit Costs, Net of Income Taxes
 
(85.6
)
 
(97.5
)
Accumulated Other Comprehensive Income
 
$
121.1

 
$
312.7


Note 7 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (continued)
Components of AOCI were reclassified to the following lines of the Condensed Consolidated Statements of Income for the nine and three months ended September 30, 2013 and 2012:
 
 
Nine Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Sep 30,
2013
 
Sep 30,
2012
 
Sep 30,
2013
 
Sep 30,
2012
Reclassification of AOCI from Unrealized Gains and Losses on Available For Sale Securities to:
 
 
 
 
 
 
 
 
Net Realized Gains on Sales of Investments
 
$
31.2

 
$
59.6

 
$
3.0

 
$
50.7

Net Impairment Losses Recognized in Earnings
 
(6.3
)
 
(1.0
)
 
(3.4
)
 
(0.1
)
Total Before Income Taxes
 
24.9

 
58.6

 
(0.4
)
 
50.6

Income Tax Benefit (Expense)
 
(8.7
)
 
(20.6
)
 
0.1

 
(17.8
)
Reclassification from AOCI, Net of Income Taxes
 
16.2

 
38.0

 
(0.3
)
 
32.8

Reclassification of AOCI from Amortization of Unrecognized Postretirement Benefit Costs to:
 
 
 
 
 
 
 
 
Interest and Other Expenses
 
(18.4
)
 
(12.0
)
 
(6.3
)
 
(4.4
)
Income Tax Benefit
 
6.5

 
4.3

 
2.3

 
1.6

Reclassification from AOCI, Net of Income Taxes
 
(11.9
)
 
(7.7
)
 
(4.0
)
 
(2.8
)
Total Reclassification from AOCI to Net Income
 
$
4.3

 
$
30.3

 
$
(4.3
)
 
$
30.0