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SHAREHOLDERS' EQUITY
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
SHAREHOLDERS' EQUITY SHAREHOLDERS' EQUITY
During the six months ended June 30, 2025, we repurchased 5.1 million shares of common stock for $199.9 million under our securities repurchase program (including $1.6 million of repurchases settled in the third quarter of 2025). The Company had remaining repurchase authority of $540.4 million as of June 30, 2025.

During the six months ended June 30, 2025, we issued 0.8 million shares of common stock, net of shares withheld to pay tax withholdings, pursuant to employee benefit plans.

During the six months ended June 30, 2025, dividends declared on common stock totaled $33.4 million ($0.33 per common share). In May 2025, the Company increased its quarterly common stock dividend to $0.17 per share from $0.16 per share.

Accumulated other comprehensive income (loss), included in shareholders' equity as of June 30, 2025 and December 31, 2024, is comprised of the following (dollars in millions):
June 30,
2025
December 31,
2024
Net unrealized losses on investments having no allowance for credit losses $(836.1)$(1,281.6)
Unrealized losses on investments with an allowance for credit losses (1,308.5)(1,108.7)
Change in discount rates for liability for future policy benefits529.4 624.5 
Change in instrument-specific credit risk for market risk benefits2.0 1.4 
Deferred income tax assets360.5 393.0 
Accumulated other comprehensive loss$(1,252.7)$(1,371.4)