Unum 2009 Annual Report Download - page 89

Download and view the complete annual report

Please find page 89 of the 2009 Unum annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 160

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160

December 31
(in millions of dollars) 2009 2008
Liabilities and Stockholders’ Equity
Liabilities
Policy and Contract Benefits $ 1,736.9 $ 1,769.5
Reserves for Future Policy and Contract Benefits 37,740.8 34,581.5
Unearned Premiums 452.0 463.9
Other Policyholders’ Funds 1,662.3 1,675.6
Income Tax Payable 114.5 115.5
Deferred Income Tax 273.2 —
Short-term Debt — 190.5
Long-term Debt 2,549.6 2,259.4
Other Liabilities 1,447.6 1,963.6
Total Liabilities 45,976.9 43,019.5
Commitments and Contingent Liabilities — Note 14
Stockholders’ Equity
Common Stock, $0.10 par
Authorized: 725,000,000 shares
Issued: 363,638,314 and 362,949,412 shares 36.4 36.3
Additional Paid-in Capital 2,587.4 2,546.9
Accumulated Other Comprehensive Income (Loss)
Net Unrealized Gain (Loss) on Securities Not Other-Than-Temporarily Impaired 376.6 (832.6)
Net Unrealized Gain on Securities Other-Than-Temporarily Impaired 3.0 —
Net Gain on Cash Flow Hedges 370.8 458.5
Foreign Currency Translation Adjustment (78.7) (177.6)
Unrecognized Pension and Postretirement Benefit Costs (330.7) (406.5)
Retained Earnings 6,289.5 5,527.1
Treasury Stock — at cost: 31,829,067 shares (754.2) (754.2)
Total Stockholders’ Equity 8,500.1 6,397.9
Total Liabilities and Stockholders’ Equity $54,477.0 $49,417.4
See notes to consolidated financial statements.
87
Unum 2009 Annual Report