XML 70 R56.htm IDEA: XBRL DOCUMENT v3.22.1
Fair Value Measurement - Level III Financial Assets Measured at Fair Value (Details) - Level III - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period $ 6,955.3 $ 6,627.7
Purchases 1,177.1 935.4
Sales and distributions (940.8) (902.2)
Settlements (163.1) (241.9)
Realized and unrealized gains (losses), net    
Included in earnings (78.5) 97.9
Included in other comprehensive income (124.6) (172.7)
Balance, end of period 6,825.4 6,344.2
Changes in unrealized gains (losses) included in earnings related to financial assets still held at the reporting date (84.8) 88.1
Changes in unrealized gains (losses) included in other comprehensive income related to financial assets still held at the reporting date (102.6) (147.9)
Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 17.9 9.4
Purchases 0.1 0.1
Sales and distributions (6.8) (0.6)
Settlements 0.0 0.0
Realized and unrealized gains (losses), net    
Included in earnings 0.4 0.9
Included in other comprehensive income (0.3) (0.3)
Balance, end of period 11.3 9.5
Changes in unrealized gains (losses) included in earnings related to financial assets still held at the reporting date 0.3 0.7
Changes in unrealized gains (losses) included in other comprehensive income related to financial assets still held at the reporting date (0.2) (0.3)
Bonds    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 599.5 550.4
Purchases 182.5 151.0
Sales and distributions (186.9) (155.4)
Settlements (0.3) (3.6)
Realized and unrealized gains (losses), net    
Included in earnings (13.8) 4.4
Included in other comprehensive income (15.8) (21.6)
Balance, end of period 565.2 525.2
Changes in unrealized gains (losses) included in earnings related to financial assets still held at the reporting date (14.5) 3.2
Changes in unrealized gains (losses) included in other comprehensive income related to financial assets still held at the reporting date (10.8) (16.6)
Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 5,898.1 5,497.1
Purchases 766.0 755.3
Sales and distributions (731.0) (676.2)
Settlements (162.8) (238.3)
Realized and unrealized gains (losses), net    
Included in earnings (53.9) 87.2
Included in other comprehensive income (103.9) (154.1)
Balance, end of period 5,612.5 5,271.0
Changes in unrealized gains (losses) included in earnings related to financial assets still held at the reporting date (59.4) 79.1
Changes in unrealized gains (losses) included in other comprehensive income related to financial assets still held at the reporting date (87.0) (134.3)
Investments in CLOs    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 361.1 489.4
Purchases 227.6 29.0
Sales and distributions (14.1) (54.8)
Settlements 0.0 0.0
Realized and unrealized gains (losses), net    
Included in earnings (9.6) (4.0)
Included in other comprehensive income (4.6) 3.3
Balance, end of period 560.4 462.9
Changes in unrealized gains (losses) included in earnings related to financial assets still held at the reporting date (9.6) (4.0)
Changes in unrealized gains (losses) included in other comprehensive income related to financial assets still held at the reporting date (4.6) 3.3
Other investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 78.7 81.4
Purchases 0.9 0.0
Sales and distributions (2.0) (15.2)
Settlements 0.0 0.0
Realized and unrealized gains (losses), net    
Included in earnings (1.6) 9.4
Included in other comprehensive income 0.0 0.0
Balance, end of period 76.0 75.6
Changes in unrealized gains (losses) included in earnings related to financial assets still held at the reporting date (1.6) 9.1
Changes in unrealized gains (losses) included in other comprehensive income related to financial assets still held at the reporting date $ 0.0 $ 0.0