Unum 2014 Annual Report Download - page 127

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UNUM • 2014 ANNUAL REPORT 125
The following table summarizes the location of gains and losses on the effective portion of derivative financial instruments designated
as cash flow hedging instruments, as reported in our consolidated statements of income and consolidated statements of comprehensive
income.
Year Ended December 31
(in millions of dollars) 2014 2013 2012
Gain (Loss) Recognized in Other Comprehensive
Income (Loss) on Derivatives
Interest Rate Swaps and Forwards $ (0.1) $ (7.2) $ 77.9
Options — (0.1) —
Foreign Exchange Contracts 16.2 22.6 3.5
Total $16.1 $ 15.3 $ 81.4
Gain (Loss) Reclassified from Accumulated Other
Comprehensive Income into Income
Net Investment Income
Interest Rate Swaps and Forwards $47.8 $ 43.1 $ 40.0
Foreign Exchange Contracts (4.2) (5.9) (5.3)
Net Realized Investment Gain (Loss)
Interest Rate Swaps 4.3 1.3 4.1
Foreign Exchange Contracts 6.9 (13.8) (17.0)
Interest and Debt Expense
Interest Rate Swaps (1.8) (1.7) (1.7)
Total $53.0 $ 23.0 $ 20.1
The following table summarizes the location of gains and losses on our derivatives not designated as hedging instruments, as reported
in our consolidated statements of income.
Year Ended December 31
(in millions of dollars) 2014 2013 2012
Net Realized Investment Gain (Loss)
Credit Default Swaps $(0.3) $ (1.9) $ —
Foreign Exchange Contracts (1.8) — —
Embedded Derivative in Modified Coinsurance Arrangement 3.3 30.7 51.8
Total $ 1.2 $28.8 $51.8