Voya 2014 Annual Report Download - page 358

Voya Financial, Inc.
Notes to the Consolidated Financial Statements
(Dollar amounts in millions, unless otherwise stated)
December 31, 2013
Before-Tax
Amount
Income
Tax
After-Tax
Amount
Available-for-sale securities:
Fixed maturities ........................ $(4,628.9) $1,678.3(4) $(2,950.6)
Equity securities ........................ 4.8 (0.3) 4.5
Other ................................. 12.8 (4.5) 8.3
OTTI ................................. 48.0 (16.8) 31.2
Adjustments for amounts recognized in Net
realized capital gains (losses) in the
Consolidated Statements of Operations .... (116.8) 40.9 (75.9)
DAC/VOBA ........................... 1,728.6(1) (605.0) 1,123.6
Sales inducements ...................... 89.3 (31.3) 58.0
Change in unrealized gains/losses on
available-for-sale securities ......... (2,862.2) 1,061.3 (1,800.9)
Derivatives:
Derivatives ............................ (76.9)(2) 27.0 (49.9)
Adjustments related to effective cash flow
hedges for amounts recognized in Net
investment income in the Consolidated
Statements of Operations ............... (2.7) 0.9 (1.8)
Change in unrealized gains/losses on
derivatives ....................... (79.6) 27.9 (51.7)
Pension and other postretirement benefits liability:
Amortization of prior service cost recognized
in Operating expenses in the Consolidated
Statements of Operations ............... (13.8)(3) 4.8 (9.0)
Change in pension and other
postretirement benefits liability ...... (13.8) 4.8 (9.0)
Change in Other comprehensive income (loss) .... $(2,955.6) $1,094.0 $(1,861.6)
(1) See the Deferred Policy Acquisition Costs and Value of Business Acquired Note to these Consolidated
Financial Statements for additional information.
(2) See the Derivative Financial Instruments Note to these Consolidated Financial Statements for additional
information.
(3) See the Employee Benefit Arrangements Note to these Consolidated Financial Statements for amounts
reported in Net Periodic (Benefit) Costs.
(4) Amount includes $65.6 release of valuation allowance. See the Income Taxes Note to these Consolidated
Financial Statements for additional information.
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