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Accumulated Other Comprehensive Income (Tables) | 3 Months Ended
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Mar. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | Components of our accumulated other comprehensive income (loss), after tax, and related changes are as follows:
|  |  | Net Unrealized Gain on Securities |  | Net Gain on Hedges |  | Foreign Currency Translation Adjustment |  | Unrecognized Pension and Postretirement Benefit Costs |  | Total
|  |  | (in millions of dollars)
Balance at December 31, 2017 | $ | 607.8 |  |  | $ | 282.3 |  |  | $ | (254.5 | ) |  | $ | (508.1 | ) |  | $ | 127.5 |
| Adjustment to Adopt Accounting Standard Update - Note 2 |  | (17.5 | ) |  | — |  |  | — |  |  | — |  |  | (17.5 | )
Balance at January 1, 2018 |  | $ | 590.3 |  |  | $ | 282.3 |  |  | $ | (254.5 | ) |  | $ | (508.1 | ) |  | $ | 110.0 |
| Other Comprehensive Income (Loss) Before Reclassifications |  | (234.8 | ) |  | 2.9 |  |  | 47.5 |  |  | (1.2 | ) |  | (185.6 | )
| Amounts Reclassified from Accumulated Other Comprehensive Income or Loss |  | 0.6 |  |  | (11.7 | ) |  | — |  |  | 4.3 |  |  | (6.8 | )
| Net Other Comprehensive Income (Loss) |  | (234.2 | ) |  | (8.8 | ) |  | 47.5 |  |  | 3.1 |  |  | (192.4 | )
Balance at March 31, 2018 | $ | 356.1 |  |  | $ | 273.5 |  |  | $ | (207.0 | ) |  | $ | (505.0 | ) |  | $ | (82.4 | )
Balance at December 31, 2016 | $ | 440.6 |  |  | $ | 327.5 |  |  | $ | (354.0 | ) |  | $ | (465.1 | ) |  | $ | (51.0 | )
| Other Comprehensive Income (Loss) Before Reclassifications |  | 44.7 |  |  | (2.7 | ) |  | 17.1 |  |  | (0.6 | ) |  | 58.5 |
| Amounts Reclassified from Accumulated Other Comprehensive Income or Loss |  | (2.3 | ) |  | (8.0 | ) |  | — |  |  | 3.2 |  |  | (7.1 | )
| Net Other Comprehensive Income (Loss) |  | 42.4 |  |  | (10.7 | ) |  | 17.1 |  |  | 2.6 |  |  | 51.4 |
Balance at March 31, 2017 | $ | 483.0 |  |  | $ | 316.8 |  |  | $ | (336.9 | ) |  | $ | (462.5 | ) |  | $ | 0.4 |
Schedule of Components of Unrealized Gain on Securities | The net unrealized gain on securities consists of the following components:
|  | March 31 |  | January 1 |  |
|  | 2018 |  | 2018 |  | Change
|  | (in millions of dollars)
Fixed Maturity Securities |  | $ | 4,348.2 |  |  | $ | 5,665.2 |  |  | $ | (1,317.0 | )
Deferred Acquisition Costs |  | (41.2 | ) |  | (51.4 | ) |  | 10.2 |
Reserves for Future Policy and Contract Benefits |  | (4,030.1 | ) |  | (5,094.7 | ) |  | 1,064.6 |
Reinsurance Recoverable |  | 321.0 |  |  | 375.8 |  |  | (54.8 | )
Income Tax |  | (241.8 | ) |  | (304.6 | ) |  | 62.8 |
Total |  | $ | 356.1 |  |  | $ | 590.3 |  |  | $ | (234.2 | )
|  | March 31 |  | December 31 |  |
|  | 2017 |  | 2016 |  | Change
|  | (in millions of dollars)
Fixed Maturity Securities |  | $ | 4,925.6 |  |  | $ | 4,664.6 |  |  | $ | 261.0 |
Other Investments |  | (17.8 | ) |  | (22.7 | ) |  | 4.9 |
Deferred Acquisition Costs |  | (40.9 | ) |  | (38.9 | ) |  | (2.0 | )
Reserves for Future Policy and Contract Benefits |  | (4,467.3 | ) |  | (4,253.2 | ) |  | (214.1 | )
Reinsurance Recoverable |  | 335.6 |  |  | 321.3 |  |  | 14.3 |
Income Tax |  | (252.2 | ) |  | (230.5 | ) |  | (21.7 | )
Total |  | $ | 483.0 |  |  | $ | 440.6 |  |  | $ | 42.4 |
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income | Amounts reclassified from accumulated other comprehensive income or loss were recognized in our consolidated statements of income as follows:
|  |  | Three Months Ended March 31
|  |  | 2018 |  | 2017
|  |  | (in millions of dollars)
Net Unrealized Gain on Securities |  |  |
| Net Realized Investment Gain (Loss) |  |  |
|  | Net Gain on Sales of Securities and Other Invested Assets | $ | 0.2 |  |  | $ | 3.4 |
|  | Other-Than-Temporary Impairment Loss | (1.0 | ) |  | — |
|  |  | (0.8 | ) |  | 3.4 |
| Income Tax Expense (Benefit) | (0.2 | ) |  | 1.1 |
| Total | $ | (0.6 | ) |  | $ | 2.3 |
Net Gain on Hedges |  |  |
| Net Investment Income |  |  |
|  | Gain on Interest Rate Swaps and Forwards | $ | 15.6 |  |  | $ | 14.3 |
|  | Loss on Foreign Exchange Contracts | (0.3 | ) |  | (0.3 | )
| Net Realized Investment Gain (Loss) |  |  |
|  | Loss on Interest Rate Swaps | (0.1 | ) |  | — |
|  | Loss on Foreign Exchange Contracts | — |  |  | (1.2 | )
| Interest and Debt Expense |  |  |
|  | Loss on Interest Rate Swaps | (0.5 | ) |  | (0.5 | )
|  |  | 14.7 |  |  | 12.3 |
| Income Tax Expense | 3.0 |  |  | 4.3 |
| Total | $ | 11.7 |  |  | $ | 8.0 |
Unrecognized Pension and Postretirement Benefit Costs |  |  |
| Other Expenses |  |  |
|  | Amortization of Net Actuarial Loss | $ | (5.6 | ) |  | $ | (5.1 | )
|  | Amortization of Prior Service Credit | 0.1 |  |  | 0.2 |
|  |  | (5.5 | ) |  | (4.9 | )
| Income Tax Benefit | (1.2 | ) |  | (1.7 | )
| Total | $ | (4.3 | ) |  | $ | (3.2 | )

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