v3.26.1
CONSOLIDATED STATEMENT OF CASH FLOWS (Tables)
 6 Months Ended
Jun. 30, 2026
Supplemental Cash Flow Elements [Abstract]  
Schedule of the Reconciliation for Net Income Provided by Operating Activities
The following reconciles net income to net cash from operating activities (dollars in millions):
Six months ended
June 30,
20262025
Net income$163.6 $113.3 
Adjustments to reconcile net income to net cash from operating activities:
Amortization and depreciation167.5 156.6 
Income taxes23.6 32.3 
Insurance liabilities344.4 265.7 
Accrual, amortization and fair value changes included in investment income(154.5)(47.0)
Deferral of policy acquisition costs and sales inducements
(251.8)(244.8)
Net investment losses37.4 25.2 
Gain on extinguishment of borrowings related to variable interest entities
— (1.5)
Other (a)(24.8)(17.6)
Net cash from operating activities$305.4 $282.2 
________________
(a)    Primarily relates to changes in other assets and liabilities related to the timing of payments and receipts.
Schedule of Other Significant Noncash Transactions
Other non-cash items not reflected in the investing and financing activities sections of the consolidated statement of cash flows (dollars in millions):
Six months ended
June 30,
20262025
Stock options, restricted stock, performance units, and Employee Stock Purchase Program
$17.5 $14.3