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Unum 2011 Annual Report
Unum
2011
91
December 31
(in millions of dollars) 2011 2010
Liabilities and Stockholders’ Equity
Liabilities
Policy and Contract Benefits $ 1,494.0 $ 1,565.0
Reserves for Future Policy and Contract Benefits 43,051.9 39,715.0
Unearned Premiums 433.2 436.7
Other Policyholders’ Funds 1,625.9 1,669.7
Income Tax Payable 38.2 135.7
Deferred Income Tax 261.2 417.2
Short-term Debt 312.3 225.1
Long-term Debt 2,570.2 2,631.3
Other Liabilities 1,815.1 1,567.6
Total Liabilities
51,602.0 48,363.3
Commitments and Contingent Liabilities — Note 13
Stockholders’ Equity
Common Stock, $0.10 par
Authorized: 725,000,000 shares
Issued: 358,691,567 and 364,842,919 shares 35.9 36.5
Additional Paid-in Capital 2,591.1 2,615.4
Accumulated Other Comprehensive Income (Loss)
Net Unrealized Gain on Securities Not Other-Than-Temporarily Impaired 605.8 408.3
Net Unrealized Gain on Securities Other-Than-Temporarily Impaired — 2.1
Net Gain on Cash Flow Hedges 408.7 361.0
Foreign Currency Translation Adjustment (121.5) (110.9)
Unrecognized Pension and Postretirement Benefit Costs (444.1) (318.6)
Retained Earnings 7,031.2 7,060.8
Treasury Stock — at cost: 65,975,613 and 48,269,467 shares (1,530.1) (1,110.2)
Total Stockholders’ Equity
8,577.0 8,944.4
Total Liabilities and Stockholders’ Equity
$60,179.0 $57,307.7
See notes to consolidated financial statements.