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v3.23.3

Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Tables) | 3 Months Ended | 9 Months Ended
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Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Statement of Comprehensive Income [Abstract] |  |  |  |
Schedule of Comprehensive Income | The tables below display the changes in Accumulated Other Comprehensive Loss by component for the three months ended September 30, 2023 and 2022.
(Dollars in Millions) |  | Net Unrealized Losses on Other Investments |  | Net Unrealized Losses on Investments with an Allowance for Credit Losses |  | Net Unrecognized Postretirement Benefit Costs |  | Gain on Cash Flow Hedge |  | Change in Discount Rate on Future Life Policyholder Benefits |  | Total
Balance as of June 30, 2023 |  | $ | (637.6) |  |  | $ | (2.3) |  |  | $ | (38.0) |  |  | $ | 2.7 |  |  | $ | 194.4 |  |  | $ | (480.8) |
Other Comprehensive (Loss) Income Before Reclassifications |  | (258.7) |  |  | (0.9) |  |  | (5.4) |  |  | — |  |  | 218.6 |  |  | (46.4) |
Amounts Reclassified from Accumulated Other Comprehensive Loss Net of Tax Benefit (Expense) of $0.1, $0.1, $(14.4), $0.0, $0.0 and $(14.2) |  | 0.1 |  |  | (0.2) |  |  | 53.9 |  |  | — |  |  | — |  |  | 53.8 |
Other Comprehensive (Loss) Income Net of Tax Benefit (Expense) of $67.5, $0.8, $(12.6), $0.0, $(58.2), and $(2.5) |  | (258.6) |  |  | (1.1) |  |  | 48.5 |  |  | — |  |  | 218.6 |  |  | 7.4 |
Balance as of September 30, 2023 |  | $ | (896.2) |  |  | $ | (3.4) |  |  | $ | 10.5 |  |  | $ | 2.7 |  |  | $ | 413.0 |  |  | $ | (473.4) |
(Dollars in Millions) |  | Net Unrealized Losses on Other Investments |  | Net Unrealized Losses on Investments with an Allowance for Credit Losses |  | Net Unrecognized Postretirement Benefit Costs |  | Gain on Cash Flow Hedge |  | Change in Discount Rate on Future Life Policyholder Benefits |  | Total
Balance as of June 30, 2022 |  | $ | (467.3) |  |  | $ | (4.1) |  |  | $ | (52.2) |  |  | $ | 2.8 |  |  | $ | 11.4 |  |  | $ | (509.4) |
Other Comprehensive (Loss) Income Before Reclassifications |  | (309.1) |  |  | (0.6) |  |  | — |  |  | — |  |  | 261.4 |  |  | (48.3) |
Amounts Reclassified from Accumulated Other Comprehensive Loss Net of Tax Benefit of $4.3, $0.0,$0.0, $0.0, $0.0, and $4.3 |  | (16.0) |  |  | — |  |  | (0.1) |  |  | — |  |  | — |  |  | (16.1) |
Other Comprehensive (Loss) Income Net of Tax Benefit (Expense) of $86.4, $0.2, $0.1, $0.0 $(69.5) and $17.2 |  | (325.1) |  |  | (0.6) |  |  | (0.1) |  |  | — |  |  | 261.4 |  |  | (64.4) |
Balance as of September 30, 2022 |  | $ | (792.4) |  |  | $ | (4.7) |  |  | $ | (52.3) |  |  | $ | 2.8 |  |  | $ | 272.8 |  |  | $ | (573.8) |
| The tables below display the changes in Accumulated Other Comprehensive Loss by component for the nine months ended September 30, 2023 and 2022.
(Dollars in Millions) |  | Net Unrealized Losses on Other Investments |  | Net Unrealized Losses on Investments with an Allowance for Credit Losses |  | Net Unrecognized Postretirement Benefit Costs |  | Gain on Cash Flow Hedge |  | Change in Discount Rate on Future Life Policyholder Benefits |  | Total
Balance as of January 1, 2023 |  | $ | (719.4) |  |  | $ | (2.2) |  |  | $ | (37.2) |  |  | $ | 2.8 |  |  | $ | 241.1 |  |  | (514.9) |
Other Comprehensive (Loss) Income Before Reclassifications |  | (183.3) |  |  | 0.5 |  |  | (5.4) |  |  | — |  |  | 171.9 |  |  | (16.3) |
Amounts Reclassified from Accumulated Other Comprehensive Loss Net of Tax (Expense) Benefit of $(1.7), $0.5, $(14.1), $0.0, $0.0 and $(15.3) |  | 6.5 |  |  | (1.7) |  |  | 53.1 |  |  | (0.1) |  |  | — |  |  | 57.8 |
Other Comprehensive (Loss) Income Net of Tax Benefit (Expense) of $47.1, $0.4, $(12.6), $0.0, $(45.7), and $(10.8) |  | (176.8) |  |  | (1.2) |  |  | 47.7 |  |  | (0.1) |  |  | 171.9 |  |  | 41.5 |
Balance as of September 30, 2023 |  | $ | (896.2) |  |  | $ | (3.4) |  |  | $ | 10.5 |  |  | $ | 2.7 |  |  | $ | 413.0 |  |  | $ | (473.4) |
(Dollars in Millions) |  | Net Unrealized Gains (Losses) on Other Investments |  | Net Unrealized Losses on Investments with an Allowance for Credit Losses |  | Net Unrecognized Postretirement Benefit Costs |  | (Loss) Gain on Cash Flow Hedge |  | Change in Discount Rate on Future Life Policyholder Benefits |  | Total
Balance as of January 1, 2022 |  | $ | 505.8 |  |  | $ | (3.7) |  |  | $ | (52.1) |  |  | $ | (1.9) |  |  | $ | (849.7) |  |  | $ | (401.6) |
Other Comprehensive (Loss) Income Before Reclassifications |  | (1,281.0) |  |  | (1.0) |  |  | — |  |  | 4.7 |  |  | 1,122.5 |  |  | (154.8) |
Amounts Reclassified from Accumulated Other Comprehensive Loss Net of Tax Benefit of $4.5, $0.0, $0.0, $0.0, $0.0 and $4.5 |  | (17.2) |  |  | — |  |  | (0.2) |  |  | — |  |  | — |  |  | (17.4) |
Other Comprehensive (Loss) Income Net of Tax Benefit (Expense) of $345.0, $0.3, $0.1, $(1.2), $(298.4), and $45.8 |  | (1,298.2) |  |  | (1.0) |  |  | (0.2) |  |  | 4.7 |  |  | 1,122.5 |  |  | (172.2) |
Balance as of September 30, 2022 |  | $ | (792.4) |  |  | $ | (4.7) |  |  | $ | (52.3) |  |  | $ | 2.8 |  |  | $ | 272.8 |  |  | $ | (573.8) |

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- 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 -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1 + Details
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- References No definition available. + Details
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