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Accumulated Other Comprehensive Income | 3 Months Ended
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Mar. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
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 |
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 |
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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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
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