Unum 2014 Annual Report Download - page 89

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UNUM 2014 ANNUAL REPORT 87
Year Ended December 31
(in millions of dollars) 2014 2013 2012
Net Income $ 413.4 $ 858.1 $ 894.4
Other Comprehensive Income (Loss)
Change in Net Unrealized Gain on Securities Before Adjustment
(net of tax expense (benefit) of $725.8; $(1,102.8); $467.7) 1,439.3 (2,101.2) 918.8
Change in Adjustment to Deferred Acquisition Costs and Reserves
for Future Policy and Contract Benefits, Net of Reinsurance
(net of tax expense (benefit) of $(665.1); $743.3; $(325.6)) (1,284.7) 1,363.4 (660.1)
Change in Net Gain on Cash Flow Hedges
(net of tax benefit of $2.0; $1.3; $4.3) (5.3) (5.3) (7.1)
Change in Foreign Currency Translation Adjustment (66.3) 25.5 45.0
Change in Unrecognized Pension and Postretirement Benefit Costs
(net of tax expense (benefit) of $(92.4); $185.2; $(68.0)) (171.6) 344.6 (130.4)
Total Other Comprehensive Income (Loss) (88.6) (373.0) 166.2
Comprehensive Income $ 324.8 $ 485.1 $1,060.6
See notes to consolidated financial statements.
Consolidated Statements of Comprehensive Income