Net Unrealized Gain on Securities | Net Gain on Cash Flow Hedges | Foreign Currency Translation Adjustment | Unrecognized Pension and Postretirement Benefit Costs | Total | |||||||||||||||||
(in millions of dollars) | |||||||||||||||||||||
Balance at December 31, 2012 | $ | 873.5 | $ | 401.6 | $ | (72.6 | ) | $ | (574.5 | ) | $ | 628.0 | |||||||||
Other Comprehensive Income (Loss) Before Reclassifications | (746.4 | ) | 9.7 | 25.5 | 328.6 | (382.6 | ) | ||||||||||||||
Amounts Reclassified from Accumulated Other Comprehensive Income or Loss | 8.6 | (15.0 | ) | — | 16.0 | 9.6 | |||||||||||||||
Net Other Comprehensive Income (Loss) | (737.8 | ) | (5.3 | ) | 25.5 | 344.6 | (373.0 | ) | |||||||||||||
Balance at December 31, 2013 | $ | 135.7 | $ | 396.3 | $ | (47.1 | ) | $ | (229.9 | ) | $ | 255.0 | |||||||||
December 31 | ||||||||||||
2013 | 2012 | Change | ||||||||||
(in millions of dollars) | ||||||||||||
Fixed Maturity Securities | $ | 4,054.8 | $ | 7,221.5 | $ | (3,166.7 | ) | |||||
Other Investments | 55.5 | 92.8 | (37.3 | ) | ||||||||
Deferred Acquisition Costs | (41.6 | ) | (67.0 | ) | 25.4 | |||||||
Reserves for Future Policy and Contract Benefits | (4,108.5 | ) | (6,277.5 | ) | 2,169.0 | |||||||
Reinsurance Recoverable | 263.8 | 351.5 | (87.7 | ) | ||||||||
Deferred Income Tax | (88.3 | ) | (447.8 | ) | 359.5 | |||||||
Total | $ | 135.7 | $ | 873.5 | $ | (737.8 | ) | |||||
Year Ended | |||||
December 31, 2013 | |||||
(in millions of dollars) | |||||
Net Unrealized Gain on Securities | |||||
Net Realized Investment Gain (Loss) | |||||
Loss on Sales of Securities and Other Invested Assets | $ | (12.6 | ) | ||
Other-Than-Temporary Impairment Loss | (0.8 | ) | |||
(13.4 | ) | ||||
Income Tax Benefit | (4.8 | ) | |||
Total | $ | (8.6 | ) | ||
Net Gain on Cash Flow Hedges | |||||
Net Investment Income | |||||
Gain on Interest Rate Swaps and Forwards | $ | 43.1 | |||
Loss on Foreign Exchange Contracts | (5.9 | ) | |||
Net Realized Investment Gain (Loss) | |||||
Gain on Interest Rate Swaps | 1.3 | ||||
Loss on Foreign Exchange Contracts | (13.8 | ) | |||
Interest and Debt Expense | |||||
Loss on Interest Rate Swaps | (1.7 | ) | |||
23.0 | |||||
Income Tax Expense | 8.0 | ||||
Total | $ | 15.0 | |||
Unrecognized Pension and Postretirement Benefit Costs | |||||
Other Expenses | |||||
Amortization of Net Actuarial Loss | $ | (32.9 | ) | ||
Amortization of Prior Service Credit | 5.0 | ||||
Curtailment Gain | 3.0 | ||||
(24.9 | ) | ||||
Income Tax Benefit | (8.9 | ) | |||
Total | $ | (16.0 | ) | ||