10-K Filing

MGIC INVESTMENT CORP CIK: 876437 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0000876437-22-000013`
Period End Date	20211231
Filing Date	20220223
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	mtg-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 69 Cash Flow Statement 113 Stockholders Equity 14 Comprehensive Income 15

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Fixed income, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.40B	USD	Point-in-time
Fixed income, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.32B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$17.52M	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$15.84M	USD	Point-in-time
Fixed income, available-for-sale, at fair value (amortized cost, 2021 - $6,397,658; 2020 - $6,317,164)	`AvailableForSaleSecuritiesDebtSecurities`	$6.66B	USD	Point-in-time
Fixed income, available-for-sale, at fair value (amortized cost, 2021 - $6,397,658; 2020 - $6,317,164)	`AvailableForSaleSecuritiesDebtSecurities`	$6.59B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Equity securities, at fair value (cost, 2021 - $15,838; 2020 - $17,522)	`EquitySecuritiesFvNi`	$18.21M	USD	Point-in-time
Equity securities, at fair value (cost, 2021 - $15,838; 2020 - $17,522)	`EquitySecuritiesFvNi`	$16.07M	USD	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$3.10M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$3.10M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	371.35M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	371.35M	shares	Point-in-time
Total investment portfolio	`Investments`	$6.61B	USD	Point-in-time
Total investment portfolio	`Investments`	$6.68B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	338.57M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$287.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$284.69M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	320.34M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$20.27M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$8.73M	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	51.02M	shares	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	32.78M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$50.00M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$51.90M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$66.91M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$95.04M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$21.64M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$33.33M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$36.27M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$669.00K	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$56.54M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$56.04M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$47.14M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$45.61M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$21.56M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$21.67M	USD	Point-in-time
Other assets	`OtherAssets`	$134.39M	USD	Point-in-time
Other assets	`OtherAssets`	$104.48M	USD	Point-in-time
Total assets	`Assets`	$7.33B	USD	Point-in-time
Total assets	`Assets`	$7.35B	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$880.54M	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$883.52M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$241.69M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$287.10M	USD	Point-in-time
Federal Home Loan Bank Advance	`FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch`	$155.00M	USD	Point-in-time
Federal Home Loan Bank Advance	`FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch`	$155.00M	USD	Point-in-time
Senior notes	`SeniorNotes`	$879.38M	USD	Point-in-time
Senior notes	`SeniorNotes`	$881.51M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	$110.20M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	$208.81M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$244.71M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$191.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.46B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.66B	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2021 - 371,353; 2020 - 371,353; shares outstanding 2021 - 320,336; 2020 - 338,573)	`CommonStockValue`	$371.35M	USD	Point-in-time
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2021 - 371,353; 2020 - 371,353; shares outstanding 2021 - 320,336; 2020 - 338,573)	`CommonStockValue`	$371.35M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.79B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.86B	USD	Point-in-time
Treasury stock at cost (shares 2021 - 51,017; 2020 - 32,779)	`TreasuryStockValue`	$675.26M	USD	Point-in-time
Treasury stock at cost (shares 2021 - 51,017; 2020 - 32,779)	`TreasuryStockValue`	$393.33M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$216.82M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$119.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.64B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.25B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.31B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.86B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.70B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.33B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.35B	USD	Point-in-time

Income Statement 69 line items

Line Item	Tag	Value	Unit	Period
Direct	`DirectPremiumsWritten`	$1.12B	USD	Annual
Direct	`DirectPremiumsWritten`	$1.11B	USD	Annual
Direct	`DirectPremiumsWritten`	$1.12B	USD	Annual
Assumed	`AssumedPremiumsWritten`	$10.84M	USD	Annual
Assumed	`AssumedPremiumsWritten`	$6.45M	USD	Annual
Assumed	`AssumedPremiumsWritten`	$8.92M	USD	Annual
Ceded	`CededPremiumsWritten`	$129.33M	USD	Annual
Ceded	`CededPremiumsWritten`	$188.73M	USD	Annual
Ceded	`CededPremiumsWritten`	$163.03M	USD	Annual
Net premiums written	`PremiumsWrittenNet`	$928.74M	USD	Annual
Net premiums written	`PremiumsWrittenNet`	$969.01M	USD	Annual
Net premiums written	`PremiumsWrittenNet`	$1.00B	USD	Annual
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$45.41M	USD	Annual
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$29.68M	USD	Annual
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$93.20M	USD	Annual
Net Amount	`PremiumsEarnedNet`	$1.02B	USD	Annual
Net Amount	`PremiumsEarnedNet`	$1.01B	USD	Annual
Net Amount	`PremiumsEarnedNet`	$1.03B	USD	Annual
Investment income, net of expenses	`NetInvestmentIncome`	$154.40M	USD	Annual
Investment income, net of expenses	`NetInvestmentIncome`	$156.44M	USD	Annual
Investment income, net of expenses	`NetInvestmentIncome`	$167.04M	USD	Annual
Net realized investment gains (losses)	`GainLossOnInvestments`	$5.31M	USD	Annual
Net realized investment gains (losses)	`GainLossOnInvestments`	$13.75M	USD	Annual
Net realized investment gains (losses)	`GainLossOnInvestments`	$6.58M	USD	Annual
Other revenue	`OtherIncome`	$8.24M	USD	Annual
Other revenue	`OtherIncome`	$10.64M	USD	Annual
Other revenue	`OtherIncome`	$9.05M	USD	Annual
Total revenues	`Revenues`	$1.20B	USD	Annual
Total revenues	`Revenues`	$1.21B	USD	Annual
Total revenues	`Revenues`	$1.19B	USD	Annual
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$364.77M	USD	Annual
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$118.58M	USD	Annual
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$64.58M	USD	Annual
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$12.00M	USD	Annual
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$12.38M	USD	Annual
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$12.60M	USD	Annual
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$198.44M	USD	Annual
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$182.77M	USD	Annual
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$176.40M	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-36.91M	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-26.74M	USD	Annual
Interest expense	`InterestExpenseDebt`	$52.66M	USD	Annual
Interest expense	`InterestExpenseDebt`	$71.36M	USD	Annual
Interest expense	`InterestExpenseDebt`	$59.59M	USD	Annual
Total losses and expenses	`BenefitsLossesAndExpenses`	$639.88M	USD	Annual
Total losses and expenses	`BenefitsLossesAndExpenses`	$366.00M	USD	Annual
Total losses and expenses	`BenefitsLossesAndExpenses`	$383.90M	USD	Annual
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$847.98M	USD	Annual
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$801.78M	USD	Annual
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$559.26M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$174.21M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$166.79M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$113.17M	USD	Annual
Net income	`NetIncomeLoss`	$634.98M	USD	Annual
Net income	`NetIncomeLoss`	$446.09M	USD	Annual
Net income	`NetIncomeLoss`	$673.76M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.91	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.90	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.31	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.85	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.85	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.29	USD	Annual
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	339.95M	shares	Annual
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	352.83M	shares	Annual
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	334.33M	shares	Annual
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	359.29M	shares	Annual
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	373.92M	shares	Annual
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	351.31M	shares	Annual

Cash Flow Statement 113 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$634.98M	USD	Annual
Net income	`NetIncomeLoss`	$446.09M	USD	Annual
Net income	`NetIncomeLoss`	$673.76M	USD	Annual
Depreciation and other amortization	`DepreciationAmortizationAndAccretionNet`	$48.78M	USD	Annual
Depreciation and other amortization	`DepreciationAmortizationAndAccretionNet`	$57.81M	USD	Annual
Depreciation and other amortization	`DepreciationAmortizationAndAccretionNet`	$66.01M	USD	Annual
Deferred tax expense	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.19M	USD	Annual
Deferred tax expense	`IncreaseDecreaseInDeferredIncomeTaxes`	$-27.48M	USD	Annual
Deferred tax expense	`IncreaseDecreaseInDeferredIncomeTaxes`	$-11.10M	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-36.91M	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-26.74M	USD	Annual
Net realized investment (gains) losses	`GainLossOnInvestments`	$5.31M	USD	Annual
Net realized investment (gains) losses	`GainLossOnInvestments`	$13.75M	USD	Annual
Net realized investment (gains) losses	`GainLossOnInvestments`	$6.58M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.91M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.70M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$292.00K	USD	Annual
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-28.14M	USD	Annual
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$73.40M	USD	Annual
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-11.69M	USD	Annual
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$-35.61M	USD	Annual
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$1.43M	USD	Annual
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$852.00K	USD	Annual
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$457.00K	USD	Annual
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$497.00K	USD	Annual
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$496.00K	USD	Annual
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$643.00K	USD	Annual
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$3.03M	USD	Annual
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$110.00K	USD	Annual
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$19.25M	USD	Annual
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$-4.59M	USD	Annual
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$-4.95M	USD	Annual
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-118.69M	USD	Annual
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$325.20M	USD	Annual
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$2.98M	USD	Annual
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-93.20M	USD	Annual
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-45.41M	USD	Annual
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-29.68M	USD	Annual
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-500.00K	USD	Annual
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-11.50M	USD	Annual
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$7.20M	USD	Annual
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$1.06M	USD	Annual
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$5.43M	USD	Annual
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$6.27M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-24.79M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-18.82M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-21.92M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$696.32M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$609.53M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$732.31M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$1.39B	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$2.64B	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$1.53B	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$473.90M	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$836.85M	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$229.80M	USD	Annual
Proceeds from maturity of fixed income securities	`ProceedsFromSaleMaturityAndCollectionOfSecurities`	$748.16M	USD	Annual
Proceeds from maturity of fixed income securities	`ProceedsFromSaleMaturityAndCollectionOfSecurities`	$1.03B	USD	Annual
Proceeds from maturity of fixed income securities	`ProceedsFromSaleMaturityAndCollectionOfSecurities`	$900.59M	USD	Annual
Net decrease in payables for securities	`IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet`	-	USD	Annual
Net decrease in payables for securities	`IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet`	-	USD	Annual
Net decrease in payables for securities	`IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet`	$307.00K	USD	Annual
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.12M	USD	Annual
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.64M	USD	Annual
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.31M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-772.51M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-422.11M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-160.75M	USD	Annual
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfLongTermDebt`	$640.25M	USD	Annual
Purchase of senior notes	`EarlyRepaymentOfSeniorDebt`	$179.74M	USD	Annual
Purchase of senior notes	`EarlyRepaymentOfSeniorDebt`	-	USD	Annual
Purchase of senior notes	`EarlyRepaymentOfSeniorDebt`	-	USD	Annual
Payment of original issue discount - senior notes	`PaymentOfOriginalIssueDiscountSeniorNotes`	$2.97M	USD	Annual
Payment of original issue discount - senior notes	`PaymentOfOriginalIssueDiscountSeniorNotes`	-	USD	Annual
Payment of original issue discount - senior notes	`PaymentOfOriginalIssueDiscountSeniorNotes`	-	USD	Annual
Purchase of convertible junior subordinated debentures	`EarlyRepaymentOfSubordinatedDebt`	$36.39M	USD	Annual
Purchase of convertible junior subordinated debentures	`EarlyRepaymentOfSubordinatedDebt`	-	USD	Annual
Purchase of convertible junior subordinated debentures	`EarlyRepaymentOfSubordinatedDebt`	$98.61M	USD	Annual
Payment of original issue discount- convertible junior subordinated debentures	`PaymentOfOriginalIssueDiscountConvertibleJuniorSubordinatedDebentures`	-	USD	Annual
Payment of original issue discount- convertible junior subordinated debentures	`PaymentOfOriginalIssueDiscountConvertibleJuniorSubordinatedDebentures`	-	USD	Annual
Payment of original issue discount- convertible junior subordinated debentures	`PaymentOfOriginalIssueDiscountConvertibleJuniorSubordinatedDebentures`	$15.05M	USD	Annual
Cash portion of loss on debt extinguishment	`GainLossOnDebtExtinghuishmentCashPortion`	$25.27M	USD	Annual
Cash portion of loss on debt extinguishment	`GainLossOnDebtExtinghuishmentCashPortion`	$36.91M	USD	Annual
Cash portion of loss on debt extinguishment	`GainLossOnDebtExtinghuishmentCashPortion`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$290.82M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$125.77M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$120.00M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$41.91M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$94.22M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$82.06M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.02M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.94M	USD	Annual
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.73M	USD	Annual
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.73M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-527.29M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$167.82M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-173.41M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$8.28M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$14.02M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$127.62M	USD	Annual
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.68M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$304.96M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$169.06M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.04M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.68M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$304.96M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$169.06M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.04M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of year	`StockholdersEquity`	$4.31B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquity`	$4.86B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquity`	$4.70B	USD	Point-in-time
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-97.12M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$196.92M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$144.11M	USD	Annual
Net income	`NetIncomeLoss`	$634.98M	USD	Annual
Net income	`NetIncomeLoss`	$446.09M	USD	Annual
Net income	`NetIncomeLoss`	$673.76M	USD	Annual
Cash dividends	`DividendsCash`	$41.10M	USD	2 Qtrs
Cash dividends	`DividendsCash`	$53.60M	USD	2 Qtrs
Balance, end of year	`StockholdersEquity`	$4.31B	USD	Point-in-time
Balance, end of year	`StockholdersEquity`	$4.86B	USD	Point-in-time
Balance, end of year	`StockholdersEquity`	$4.70B	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$634.98M	USD	Annual
Net income	`NetIncomeLoss`	$446.09M	USD	Annual
Net income	`NetIncomeLoss`	$673.76M	USD	Annual
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$133.62M	USD	Annual
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-122.10M	USD	Annual
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$173.91M	USD	Annual
Benefit plans adjustment	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-24.98M	USD	Annual
Benefit plans adjustment	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-10.50M	USD	Annual
Benefit plans adjustment	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-23.01M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-97.12M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$196.92M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$144.11M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$590.21M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$537.86M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$870.68M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.