XML 51 R31.htm IDEA: XBRL DOCUMENT
v3.20.1

Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Statement of Comprehensive Income [Abstract] |
Schedule of Comprehensive Income | The components of Other Comprehensive Income (Loss) Before Income Taxes for the three months ended March 31, 2020 and 2019 were:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2020 |  | Mar 31, 2019
Other Comprehensive Income (Loss) Before Income Taxes: |  |  |  |
Unrealized Holding Gains (Losses) on Investment Securities Arising During the Period Before Reclassification Adjustment with: |  |  |  |
No Credit Losses Recognized in Consolidated Statements of Income |  | $ | (198.0 | ) |  | $ | 175.3 |
Credit Losses Recognized in Consolidated Statements of Income |  | (2.9 | ) |  | — |
Reclassification Adjustment for Amounts Included in Net Income |  | (3.9 | ) |  | (12.5 | )
Unrealized Holding Gains (Losses) |  | (204.8 | ) |  | 162.8 |
Foreign Currency Translation Adjustments |  | — |  |  | — |
Net Unrecognized Postretirement Benefit Costs |  | 0.7 |  |  | 0.6 |
Gain (Loss) on Cash Flow Hedges |  | 0.1 |  |  | 0.1 |
Other Comprehensive Income (Loss) Before Income Taxes |  | $ | (204.0 | ) |  | $ | 163.5 |
The components of Other Comprehensive Income Tax Benefit (Expense) for the three months ended March 31, 2020 and 2019 were:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2020 |  | Mar 31, 2019
Other Comprehensive Income Tax Benefit (Expense): |  |  |  |
Unrealized Holding Gains (Losses) on Investment Securities Arising During the Period Before Reclassification Adjustment with: |  |  |  |
No Credit Losses Recognized in Consolidated Statements of Income |  | $ | 41.6 |  |  | $ | (36.8 | )
Credit Losses Recognized in Consolidated Statements of Income |  | 0.6 |  |  | — |
Reclassification Adjustment for Amounts Included in Net Income |  | 0.8 |  |  | 2.6 |
Unrealized Holding Gains (Losses) |  | 43.0 |  |  | (34.2 | )
Foreign Currency Translation Adjustments |  | — |  |  | — |
Net Unrecognized Postretirement Benefit Costs |  | (0.2 | ) |  | (0.2 | )
Gain and Loss on Cash Flow Hedges |  | — |  |  | — |
Other Comprehensive Income Tax Benefit (Expense) |  | $ | 42.8 |  |  | $ | (34.4 | )
Schedule of Accumulated Other Comprehensive Income | The components of AOCI at March 31, 2020 and December 31, 2019 were:
(Dollars in Millions) |  | Mar 31, 2020 |  | Dec 31, 2019
Net Unrealized Gains on Investments, Net of Income Taxes: |  |  |  |
No Credit Losses Recognized in Consolidated Statements of Income |  | $ | 275.3 |  |  | $ | 439.4 |
Credit Losses Recognized in Consolidated Statements of Income |  | 2.3 |  |  | — |
Net Unrecognized Postretirement Benefit Costs, Net of Income Taxes |  | (100.1 | ) |  | (100.6 | )
Loss on Cash Flow Hedges, Net of Income Taxes |  | (2.6 | ) |  | (2.7 | )
Accumulated Other Comprehensive Income |  | $ | 174.9 |  |  | $ | 336.1 |
Reclassification out of Accumulated Comprehensive Income | Components of AOCI were reclassified to the following lines of the Condensed Consolidated Statements of Income for the three months ended March 31, 2020 and 2019:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2020 |  | Mar 31, 2019
Reclassification of AOCI from Net Unrealized Gains on Investments to: |  |  |  |
Net Realized Gains on Sales of Investments |  | $ | 15.9 |  |  | $ | 16.1 |
Impairment Losses |  | (12.0 | ) |  | (3.6 | )
Total Before Income Taxes |  | 3.9 |  |  | 12.5 |
Income Tax Expense |  | (0.8 | ) |  | (2.6 | )
Reclassification from AOCI, Net of Income Taxes |  | 3.1 |  |  | 9.9 |
Reclassification of AOCI from Unrecognized Postretirement Benefit Costs to: |  |  |  |
Interest and Other Expenses |  | (0.7 | ) |  | 0.6 |
Income Tax Benefit (Expense) |  | 0.1 |  |  | (0.2 | )
Reclassification from AOCI, Net of Income Taxes |  | (0.6 | ) |  | 0.4 |
Reclassification of AOCI from Loss on Cash Flow Hedges to: |  |  |  |
Interest and Other Expenses |  | (0.1 | ) |  | 0.1 |
Income Tax Benefit |  | — |  |  | — |
Reclassification from AOCI, Net of Income Taxes |  | (0.1 | ) |  | 0.1 |
Total Reclassification from AOCI to Net Income |  | $ | 2.4 |  |  | $ | 10.4 |

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration