2020 Q4 Form 10-Q Financial Statement

#000122460820000044 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $1.076B $1.014B $944.0M
YoY Change 0.67% 7.36% -36.27%
Cost Of Revenue $560.7M $582.8M
YoY Change -3.79% -9.91%
Gross Profit $452.8M $361.2M
YoY Change 25.36% -56.71%
Gross Profit Margin 44.68% 38.26%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $909.4M $823.4M $853.0M
YoY Change -1.84% -3.47% -56.97%
Operating Profit $145.3M $87.90M
YoY Change 65.3% -19.36%
Interest Expense -$23.30M $23.70M $37.50M
YoY Change -33.81% -36.8% -3.35%
% of Operating Profit 16.31% 42.66%
Other Income/Expense, Net $1.900M
YoY Change
Pretax Income $143.5M $166.4M $53.50M
YoY Change 33.61% 211.03% -109.91%
Income Tax $31.70M $37.20M $11.50M
% Of Pretax Income 22.09% 22.36% 21.5%
Net Earnings $111.8M $129.2M $42.00M
YoY Change -59.78% 207.62% -107.93%
Net Earnings / Revenue 10.39% 12.75% 4.45%
Basic Earnings Per Share $0.81 $0.92 $0.27
Diluted Earnings Per Share $0.80 $0.91 $0.27
COMMON SHARES
Basic Shares Outstanding 139.0M shares 140.9M shares 154.3M shares
Diluted Shares Outstanding 141.7M shares 155.3M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $991.9M $786.6M $822.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $55.00M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $27.58B $26.82B $25.34B
YoY Change 7.83% 5.85% 8.48%
Other Assets $199.0M $322.0M $242.0M
YoY Change -54.04% 33.06% -58.13%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $35.34B $34.57B $33.28B
YoY Change 5.08% 3.87% 5.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $3.931B $3.785B $3.787B
YoY Change 3.83% -0.05% -4.85%
Other Long-Term Liabilities $822.0M $856.0M $762.0M
YoY Change 9.6% 12.34% 10.43%
Total Long-Term Liabilities $4.753B $4.641B $4.549B
YoY Change 4.78% 2.02% -2.59%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $4.753B $4.641B $4.549B
Total Liabilities $29.86B $29.49B $28.73B
YoY Change 3.11% 2.64% 2.49%
SHAREHOLDERS EQUITY
Retained Earnings $752.3M $657.5M $274.3M
YoY Change 40.43% 139.7% 48.43%
Common Stock $2.546B $2.625B $2.836B
YoY Change -8.05% -7.45% -6.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.484B $5.084B $4.553B
YoY Change
Total Liabilities & Shareholders Equity $35.34B $34.57B $33.28B
YoY Change 5.08% 3.87% 5.16%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $111.8M $129.2M $42.00M
YoY Change -59.78% 207.62% -107.93%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $193.7M $216.8M $193.2M
YoY Change 4.25% 12.22% -250.12%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$178.6M -$50.20M $8.000M
YoY Change -49.56% -727.5% -110.85%
Cash From Investing Activities -$178.6M -$50.20M $8.000M
YoY Change -49.56% -727.5% -110.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 190.2M 62.10M 12.90M
YoY Change 18920.0% 381.4% -75.33%
NET CHANGE
Cash From Operating Activities 193.7M 216.8M 193.2M
Cash From Investing Activities -178.6M -50.20M 8.000M
Cash From Financing Activities 190.2M 62.10M 12.90M
Net Change In Cash 205.3M 228.7M 214.1M
YoY Change -222.71% 6.82% -242.64%
FREE CASH FLOW
Cash From Operating Activities $193.7M $216.8M $193.2M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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144090000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
159061000 shares
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
129200000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
42000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
190000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
131400000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
428400000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
619500000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
759200000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1991000000.0 USD
CY2020Q3 cno Other Comprehensive Income Loss Amortizationof Present Valueof Future Profitsand Deferred Acquisition Costs Unrealized Holding Gain Loss Arising During Periodbefore Tax
OtherComprehensiveIncomeLossAmortizationofPresentValueofFutureProfitsandDeferredAcquisitionCostsUnrealizedHoldingGainLossArisingDuringPeriodbeforeTax
59900000 USD
CY2019Q3 cno Other Comprehensive Income Loss Amortizationof Present Valueof Future Profitsand Deferred Acquisition Costs Unrealized Holding Gain Loss Arising During Periodbefore Tax
OtherComprehensiveIncomeLossAmortizationofPresentValueofFutureProfitsandDeferredAcquisitionCostsUnrealizedHoldingGainLossArisingDuringPeriodbeforeTax
58300000 USD
cno Other Comprehensive Income Loss Amortizationof Present Valueof Future Profitsand Deferred Acquisition Costs Unrealized Holding Gain Loss Arising During Periodbefore Tax
OtherComprehensiveIncomeLossAmortizationofPresentValueofFutureProfitsandDeferredAcquisitionCostsUnrealizedHoldingGainLossArisingDuringPeriodbeforeTax
54600000 USD
cno Other Comprehensive Income Loss Amortizationof Present Valueof Future Profitsand Deferred Acquisition Costs Unrealized Holding Gain Loss Arising During Periodbefore Tax
OtherComprehensiveIncomeLossAmortizationofPresentValueofFutureProfitsandDeferredAcquisitionCostsUnrealizedHoldingGainLossArisingDuringPeriodbeforeTax
175000000.0 USD
CY2020Q3 cno Other Comprehensive Income Loss Amortizationof Present Valueof Future Profitsand Deferred Acquisitions Costs Reductionin Premium Deficienciesbefore Tax
OtherComprehensiveIncomeLossAmortizationofPresentValueofFutureProfitsandDeferredAcquisitionsCostsReductioninPremiumDeficienciesbeforeTax
-1000000.0 USD
CY2019Q3 cno Other Comprehensive Income Loss Amortizationof Present Valueof Future Profitsand Deferred Acquisitions Costs Reductionin Premium Deficienciesbefore Tax
OtherComprehensiveIncomeLossAmortizationofPresentValueofFutureProfitsandDeferredAcquisitionsCostsReductioninPremiumDeficienciesbeforeTax
-124000000.0 USD
cno Other Comprehensive Income Loss Amortizationof Present Valueof Future Profitsand Deferred Acquisitions Costs Reductionin Premium Deficienciesbefore Tax
OtherComprehensiveIncomeLossAmortizationofPresentValueofFutureProfitsandDeferredAcquisitionsCostsReductioninPremiumDeficienciesbeforeTax
-196000000.0 USD
cno Other Comprehensive Income Loss Amortizationof Present Valueof Future Profitsand Deferred Acquisitions Costs Reductionin Premium Deficienciesbefore Tax
OtherComprehensiveIncomeLossAmortizationofPresentValueofFutureProfitsandDeferredAcquisitionsCostsReductioninPremiumDeficienciesbeforeTax
-200500000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
8500000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-2600000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-41200000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
300000 USD
CY2020Q3 cno Other Comprehensive Income Loss Reclassification Adjustment For Amortization Of Present Value Of Future Profits And Deferred Acquisition Costs Related To Net Realized Investment Gains Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForAmortizationOfPresentValueOfFutureProfitsAndDeferredAcquisitionCostsRelatedToNetRealizedInvestmentGainsBeforeTax
100000 USD
CY2019Q3 cno Other Comprehensive Income Loss Reclassification Adjustment For Amortization Of Present Value Of Future Profits And Deferred Acquisition Costs Related To Net Realized Investment Gains Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForAmortizationOfPresentValueOfFutureProfitsAndDeferredAcquisitionCostsRelatedToNetRealizedInvestmentGainsBeforeTax
200000 USD
cno Other Comprehensive Income Loss Reclassification Adjustment For Amortization Of Present Value Of Future Profits And Deferred Acquisition Costs Related To Net Realized Investment Gains Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForAmortizationOfPresentValueOfFutureProfitsAndDeferredAcquisitionCostsRelatedToNetRealizedInvestmentGainsBeforeTax
-3000000.0 USD
cno Other Comprehensive Income Loss Reclassification Adjustment For Amortization Of Present Value Of Future Profits And Deferred Acquisition Costs Related To Net Realized Investment Gains Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForAmortizationOfPresentValueOfFutureProfitsAndDeferredAcquisitionCostsRelatedToNetRealizedInvestmentGainsBeforeTax
600000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
359100000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
440000000.0 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
546800000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
1615800000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
77700000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
95300000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
117700000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
350600000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
281400000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
344700000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
429100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1265200000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
410600000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
386700000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
619100000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1396600000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
4252200000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
42000000.0 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
93800000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
339200000 USD
CY2019Q3 cno Noncredit Component Of Impairment Losses On Fixed Maturities Available For Sale Tax
NoncreditComponentOfImpairmentLossesOnFixedMaturitiesAvailableForSaleTax
1500000 USD
CY2019Q3 cno Noncredit Component Of Impairment Losses On Fixed Maturities Available For Sale
NoncreditComponentOfImpairmentLossesOnFixedMaturitiesAvailableForSale
5500000 USD
CY2019Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
75300000 USD
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
16900000 USD
CY2019Q3 cno Stock Based Compensation
StockBasedCompensation
6600000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
4553300000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
4731200000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
129200000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
77700000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
281400000 USD
CY2020Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
50000000.0 USD
CY2020Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
17000000.0 USD
CY2020Q3 cno Stock Based Compensation
StockBasedCompensation
9100000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
5083900000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
3370900000 USD
us-gaap Net Income Loss
NetIncomeLoss
131400000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
349100000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1259600000 USD
cno Noncredit Component Of Impairment Losses On Fixed Maturities Available For Sale Tax
NoncreditComponentOfImpairmentLossesOnFixedMaturitiesAvailableForSaleTax
1500000 USD
cno Noncredit Component Of Impairment Losses On Fixed Maturities Available For Sale
NoncreditComponentOfImpairmentLossesOnFixedMaturitiesAvailableForSale
5600000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
177300000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
50600000 USD
cno Stock Based Compensation
StockBasedCompensation
16800000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
4553300000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
4677000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
190000000.0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
117700000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
429100000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
163000000.0 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
50400000 USD
cno Stock Based Compensation
StockBasedCompensation
19000000.0 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
5083900000 USD
us-gaap Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
1747800000 USD
us-gaap Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
1726200000 USD
us-gaap Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
805900000 USD
us-gaap Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
839700000 USD
us-gaap Proceeds From Fees Received
ProceedsFromFeesReceived
86100000 USD
us-gaap Proceeds From Fees Received
ProceedsFromFeesReceived
75700000 USD
cno Insurance Policy Benefits
InsurancePolicyBenefits
1195000000.0 USD
cno Insurance Policy Benefits
InsurancePolicyBenefits
1224000000.0 USD
us-gaap Interest Paid Net
InterestPaidNet
76100000 USD
us-gaap Interest Paid Net
InterestPaidNet
103900000 USD
cno Policy Acquisition Costs
PolicyAcquisitionCosts
201500000 USD
cno Policy Acquisition Costs
PolicyAcquisitionCosts
217500000 USD
us-gaap Payments For Other Operating Activities
PaymentsForOtherOperatingActivities
612400000 USD
us-gaap Payments For Other Operating Activities
PaymentsForOtherOperatingActivities
588700000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13000000.0 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-3400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
541800000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
510900000 USD
cno Sales Of Investments
SalesOfInvestments
1163200000 USD
cno Sales Of Investments
SalesOfInvestments
2659300000 USD
cno Maturities And Redemptions Of Investments
MaturitiesAndRedemptionsOfInvestments
1502700000 USD
cno Maturities And Redemptions Of Investments
MaturitiesAndRedemptionsOfInvestments
1625600000 USD
cno Purchases Of Investments
PurchasesOfInvestments
3086700000 USD
cno Purchases Of Investments
PurchasesOfInvestments
4387700000 USD
us-gaap Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
16200000 USD
us-gaap Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
-6600000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
25200000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
92100000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-429800000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-201500000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
494200000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
425000000.0 USD
cno Expenses Related To Debt Modification And Extinguishment Of Debt
ExpensesRelatedToDebtModificationAndExtinguishmentOfDebt
0 USD
cno Expenses Related To Debt Modification And Extinguishment Of Debt
ExpensesRelatedToDebtModificationAndExtinguishmentOfDebt
6100000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5000000.0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6000000.0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
168200000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
181200000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
50400000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
50600000 USD
us-gaap Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
1160100000 USD
us-gaap Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
1307400000 USD
us-gaap Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
923600000 USD
us-gaap Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
1017200000 USD
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
190300000 USD
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
536800000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
191700000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
537700000 USD
cno Repayments Of Investment Borrowings Related To Variable Interest Entities
RepaymentsOfInvestmentBorrowingsRelatedToVariableInterestEntities
1600000 USD
cno Repayments Of Investment Borrowings Related To Variable Interest Entities
RepaymentsOfInvestmentBorrowingsRelatedToVariableInterestEntities
270600000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19900000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-144000000.0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
131900000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
165400000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
654700000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
656600000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
786600000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
822000000.0 USD
cno Number Of Product Distribution Channels
NumberOfProductDistributionChannels
3 distribution_channel
CY2020Q3 cno Accumulated Other Comprehensive Income Loss Net Unrealized Appreciation Depreciation On Fixed Maturity Securities Available For Sale When Other Than Temporary Impairment Loss Was Recognized
AccumulatedOtherComprehensiveIncomeLossNetUnrealizedAppreciationDepreciationOnFixedMaturitySecuritiesAvailableForSaleWhenOtherThanTemporaryImpairmentLossWasRecognized
0 USD
CY2019Q4 cno Accumulated Other Comprehensive Income Loss Net Unrealized Appreciation Depreciation On Fixed Maturity Securities Available For Sale When Other Than Temporary Impairment Loss Was Recognized
AccumulatedOtherComprehensiveIncomeLossNetUnrealizedAppreciationDepreciationOnFixedMaturitySecuritiesAvailableForSaleWhenOtherThanTemporaryImpairmentLossWasRecognized
1100000 USD
CY2020Q3 cno Accumulated Other Comprehensive Income Loss Net Unrealized Gains Losses On All Other Investments
AccumulatedOtherComprehensiveIncomeLossNetUnrealizedGainsLossesOnAllOtherInvestments
0 USD
CY2019Q4 cno Accumulated Other Comprehensive Income Loss Net Unrealized Gains Losses On All Other Investments
AccumulatedOtherComprehensiveIncomeLossNetUnrealizedGainsLossesOnAllOtherInvestments
2095300000 USD
CY2020Q3 cno Accumulated Other Comprehensive Income Loss Net Unrealized Appreciation On Investments Having No Allowance For Credit Losses
AccumulatedOtherComprehensiveIncomeLossNetUnrealizedAppreciationOnInvestmentsHavingNoAllowanceForCreditLosses
2926300000 USD
CY2019Q4 cno Accumulated Other Comprehensive Income Loss Net Unrealized Appreciation On Investments Having No Allowance For Credit Losses
AccumulatedOtherComprehensiveIncomeLossNetUnrealizedAppreciationOnInvestmentsHavingNoAllowanceForCreditLosses
0 USD
CY2020Q3 cno Accumulated Other Comprehensive Income Loss Net Unrealized Appreciation On Investments With Allowance For Credit Losses
AccumulatedOtherComprehensiveIncomeLossNetUnrealizedAppreciationOnInvestmentsWithAllowanceForCreditLosses
-29500000 USD
CY2019Q4 cno Accumulated Other Comprehensive Income Loss Net Unrealized Appreciation On Investments With Allowance For Credit Losses
AccumulatedOtherComprehensiveIncomeLossNetUnrealizedAppreciationOnInvestmentsWithAllowanceForCreditLosses
0 USD
CY2020Q3 cno Accumulated Other Comprehensive Income Loss Adjustment To Present Value Of Future Profits
AccumulatedOtherComprehensiveIncomeLossAdjustmentToPresentValueOfFutureProfits
-11200000 USD
CY2019Q4 cno Accumulated Other Comprehensive Income Loss Adjustment To Present Value Of Future Profits
AccumulatedOtherComprehensiveIncomeLossAdjustmentToPresentValueOfFutureProfits
-18900000 USD
CY2020Q3 cno Accumulated Other Comprehensive Income Loss Adjustment To Deferred Policy Acquisition Costs
AccumulatedOtherComprehensiveIncomeLossAdjustmentToDeferredPolicyAcquisitionCosts
-395900000 USD
CY2019Q4 cno Accumulated Other Comprehensive Income Loss Adjustment To Deferred Policy Acquisition Costs
AccumulatedOtherComprehensiveIncomeLossAdjustmentToDeferredPolicyAcquisitionCosts
-227900000 USD
CY2020Q3 cno Accumulated Other Comprehensive Income Adjustment To Insurance Liabilities Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
AccumulatedOtherComprehensiveIncomeAdjustmentToInsuranceLiabilitiesDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
-189800000 USD
CY2019Q4 cno Accumulated Other Comprehensive Income Adjustment To Insurance Liabilities Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
AccumulatedOtherComprehensiveIncomeAdjustmentToInsuranceLiabilitiesDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
-96500000 USD
CY2020Q3 cno Accumulated Other Comprehensive Income Loss Deferred Income Tax Liabilities
AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTaxLiabilities
-498300000 USD
CY2019Q4 cno Accumulated Other Comprehensive Income Loss Deferred Income Tax Liabilities
AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTaxLiabilities
-380600000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1801600000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1372500000 USD
CY2020Q3 cno Reduction To Present Value Of Future Profits Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
ReductionToPresentValueOfFutureProfitsDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
-8900000 USD
CY2020Q3 cno Reduction To Deferred Acquisition Costs Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
ReductionToDeferredAcquisitionCostsDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
-132800000 USD
CY2020Q3 cno Accumulated Other Comprehensive Income Adjustment To Insurance Liabilities Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
AccumulatedOtherComprehensiveIncomeAdjustmentToInsuranceLiabilitiesDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
-189800000 USD
CY2020Q3 cno Increase To Deferred Tax Assets Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
IncreaseToDeferredTaxAssetsDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
72000000.0 USD
CY2019Q4 cno Reduction To Present Value Of Future Profits Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
ReductionToPresentValueOfFutureProfitsDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
-12200000 USD
CY2019Q4 cno Reduction To Deferred Acquisition Costs Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
ReductionToDeferredAcquisitionCostsDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
-26800000 USD
CY2019Q4 cno Accumulated Other Comprehensive Income Adjustment To Insurance Liabilities Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
AccumulatedOtherComprehensiveIncomeAdjustmentToInsuranceLiabilitiesDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
-96500000 USD
CY2019Q4 cno Increase To Deferred Tax Assets Due To Unrealized Gains That Would Result In Premium Deficiency If Unrealized Gains Were Realized
IncreaseToDeferredTaxAssetsDueToUnrealizedGainsThatWouldResultInPremiumDeficiencyIfUnrealizedGainsWereRealized
29400000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
289200000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
293100000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
1104100000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1164600000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
1516100000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1659400000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
11390500000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
13828300000 USD
CY2020Q3 cno Available For Sale Securities Debt Maturities Amortized Cost Excluding Structured Securities
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCostExcludingStructuredSecurities
14299900000 USD
CY2020Q3 cno Available For Sale Securities Debt Maturities Fair Value Excluding Structured Securities
AvailableForSaleSecuritiesDebtMaturitiesFairValueExcludingStructuredSecurities
16945400000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
5483400000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
5757500000 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
19783300000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
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CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
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282200000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
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286000000.0 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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1082200000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1130800000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
1376600000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1481700000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
10908600000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
12583700000 USD
CY2019Q4 cno Available For Sale Securities Debt Maturities Amortized Cost Excluding Structured Securities
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13649600000 USD
CY2019Q4 cno Available For Sale Securities Debt Maturities Fair Value Excluding Structured Securities
AvailableForSaleSecuritiesDebtMaturitiesFairValueExcludingStructuredSecurities
15482200000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
5529900000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
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5813000000.0 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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19179500000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
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21295200000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1573000000.0 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
54900000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
294700000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
8500000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1867700000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
63400000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1262800000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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11400000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
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341200000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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9700000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
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1604000000.0 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
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21100000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
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10800000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
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1800000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
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0 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
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CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
400000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Sell Before Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSellBeforeRecovery
0 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
0 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery
0 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
7600000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
2100000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
25500000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
0 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
-18800000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
1200000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Sell Before Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSellBeforeRecovery
0 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
0 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery
0 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
7600000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
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11600000 USD
CY2020Q3 us-gaap Provision For Loan Losses Expensed
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600000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
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0 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
12200000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6700000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
5500000 USD
us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
0 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
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12200000 USD
CY2020Q3 cno Other Investments Allowance For Credit Loss Period Increase Decrease
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5000000.0 USD
CY2019Q3 cno Other Investments Allowance For Credit Loss Period Increase Decrease
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0 USD
cno Other Investments Allowance For Credit Loss Period Increase Decrease
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cno Other Investments Allowance For Credit Loss Period Increase Decrease
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CY2020Q3 cno Variable Interest Entity Gain Losson Dissolution
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0 USD
CY2019Q3 cno Variable Interest Entity Gain Losson Dissolution
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cno Variable Interest Entity Gain Losson Dissolution
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0 USD
cno Variable Interest Entity Gain Losson Dissolution
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CY2020Q3 us-gaap Gain Loss On Investments
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2300000 USD
us-gaap Gain Loss On Investments
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us-gaap Gain Loss On Investments
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23700000 USD
us-gaap Increase Decrease In Equity Securities Fv Ni
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CY2020Q3 cno Variable Interest Entities Change In Allowance For Current Expected Credit Losses
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5600000 USD
cno Variable Interest Entities Change In Allowance For Current Expected Credit Losses
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us-gaap Increase Decrease In Debt Securities Trading
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cno Debt Securities Available For Sale And Other Investments Allowance For Credit Loss Period Increase Decrease
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31400000 USD
us-gaap Gain Loss On Investments
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23700000 USD
cno Debt Securities Available For Sale And Other Investments Allowance For Credit Loss Period Increase Decrease
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5600000 USD
cno Available For Sale Securities Value Of Securities Sold
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412900000 USD
cno Available For Sale Securities Value Of Securities Sold
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936600000 USD
cno Debt Securities Available For Sale And Other Investments Allowance For Credit Loss Period Increase Decrease
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5600000 USD
CY2019Q2 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
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200000 USD
CY2018Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
200000 USD
CY2019Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
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0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
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0 USD
CY2019Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
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0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
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CY2019Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status
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us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status
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CY2019Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
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us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
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CY2019Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
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0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
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CY2019Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
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200000 USD
CY2019Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
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200000 USD
CY2020Q3 us-gaap Net Income Loss
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CY2019Q3 us-gaap Net Income Loss
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32700000 USD
CY2019Q3 cno Income Tax Benefit On Operating Income Loss
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18700000 USD
us-gaap Net Income Loss
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190000000.0 USD
us-gaap Net Income Loss
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CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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154257000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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706000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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1054000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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155260000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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144090000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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159061000 shares
cno Income Tax Benefit On Operating Income Loss
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76700000 USD
cno Income Tax Benefit On Operating Income Loss
IncomeTaxBenefitOnOperatingIncomeLoss
56600000 USD
CY2020Q3 cno Operating Income Loss Net Of Tax
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112600000 USD
CY2019Q3 cno Operating Income Loss Net Of Tax
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69200000 USD
cno Operating Income Loss Net Of Tax
OperatingIncomeLossNetOfTax
276300000 USD
cno Operating Income Loss Net Of Tax
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211400000 USD
CY2020Q1 cno Numberof Product Lines
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3 product_line
CY2019 us-gaap Number Of Operating Segments
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CY2020Q3 cno Segment Revenues
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983600000 USD
CY2019Q3 cno Segment Revenues
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924000000.0 USD
cno Segment Revenues
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2757800000 USD
cno Segment Revenues
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2862600000 USD
CY2020Q3 cno Segment Expenses
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838300000 USD
CY2019Q3 cno Segment Expenses
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836100000 USD
cno Segment Expenses
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2404800000 USD
cno Segment Expenses
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2594600000 USD
CY2020Q3 us-gaap Operating Income Loss
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145300000 USD
CY2019Q3 us-gaap Operating Income Loss
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87900000 USD
us-gaap Operating Income Loss
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353000000.0 USD
us-gaap Operating Income Loss
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CY2020Q3 us-gaap Revenues
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1013500000 USD
CY2019Q3 us-gaap Revenues
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944000000.0 USD
us-gaap Revenues
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2744900000 USD
us-gaap Revenues
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2946800000 USD
CY2020Q3 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
847100000 USD
CY2019Q3 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
890500000 USD
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2544100000 USD
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2780000000.0 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
166400000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
53500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
200800000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
166800000 USD
CY2020Q3 cno Income Tax Expense Benefit Before Valuation Allowance Adjustment
IncomeTaxExpenseBenefitBeforeValuationAllowanceAdjustment
37200000 USD
CY2019Q3 cno Income Tax Expense Benefit Before Valuation Allowance Adjustment
IncomeTaxExpenseBenefitBeforeValuationAllowanceAdjustment
11500000 USD
cno Income Tax Expense Benefit Before Valuation Allowance Adjustment
IncomeTaxExpenseBenefitBeforeValuationAllowanceAdjustment
44800000 USD
cno Income Tax Expense Benefit Before Valuation Allowance Adjustment
IncomeTaxExpenseBenefitBeforeValuationAllowanceAdjustment
35400000 USD
CY2020Q3 us-gaap Deferred Other Tax Expense Benefit
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0 USD
CY2019Q3 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
0 USD
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
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us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
0 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
42000000.0 USD
us-gaap Net Income Loss
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190000000.0 USD
us-gaap Net Income Loss
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131400000 USD
CY2020Q3 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Net
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113000000 USD
CY2020Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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51800000 USD
CY2019Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-19600000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2020Q3 us-gaap Ceded Premiums Written
CededPremiumsWritten
77200000 USD
CY2019Q3 us-gaap Ceded Premiums Written
CededPremiumsWritten
64000000.0 USD
us-gaap Ceded Premiums Written
CededPremiumsWritten
203000000.0 USD
us-gaap Ceded Premiums Written
CededPremiumsWritten
197300000 USD
CY2020Q3 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
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97600000 USD
CY2019Q3 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
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107600000 USD
us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
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239800000 USD
us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
328600000 USD
CY2020Q3 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
5700000 USD
CY2019Q3 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
6200000 USD
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
17500000 USD
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
19100000 USD
CY2020Q3 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
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9000000.0 USD
CY2019Q3 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
9500000 USD
us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
24600000 USD
us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
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27300000 USD
CY2020Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7400000 USD
CY2019Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4000000.0 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
13300000 USD
CY2020Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
29800000 USD
CY2019Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7500000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
89300000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22100000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37200000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35400000 USD
CY2020Q3 cno Income Tax Expense Benefit Net Operating Loss Cares Act
IncomeTaxExpenseBenefitNetOperatingLossCARESAct
0 USD
CY2019Q3 cno Income Tax Expense Benefit Net Operating Loss Cares Act
IncomeTaxExpenseBenefitNetOperatingLossCARESAct
0 USD
cno Income Tax Expense Benefit Net Operating Loss Cares Act
IncomeTaxExpenseBenefitNetOperatingLossCARESAct
-34000000.0 USD
cno Income Tax Expense Benefit Net Operating Loss Cares Act
IncomeTaxExpenseBenefitNetOperatingLossCARESAct
0 USD
CY2020Q3 cno Income Tax Expense Benefit Total
IncomeTaxExpenseBenefitTotal
37200000 USD
CY2019Q3 cno Income Tax Expense Benefit Total
IncomeTaxExpenseBenefitTotal
11500000 USD
cno Income Tax Expense Benefit Total
IncomeTaxExpenseBenefitTotal
10800000 USD
cno Income Tax Expense Benefit Total
IncomeTaxExpenseBenefitTotal
35400000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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-0.005
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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-0.015
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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50300000 USD
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41600000 USD
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428900000 USD
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3700000 USD
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432600000 USD
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226700000 USD
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0.35
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0.35
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10300000 USD
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9900000 USD
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10900000 USD
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990100000 USD
CY2019Q4 us-gaap Notes Payable
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500000000.0 USD
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500000000.0 USD
CY2020Q3 us-gaap Long Term Debt
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cno Number Of Insurance Subsidiaries That Are Members Of The Federal Home Loan Bank
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3 subsidiary
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163000000.0 USD
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369300000 USD
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10200000 USD
us-gaap Deferred Sales Inducements Additions
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21200000 USD
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10900000 USD
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3800000 USD
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<div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">LITIGATION AND OTHER LEGAL PROCEEDINGS</span></div><div><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Legal Proceedings </span></div><div><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company and its subsidiaries are involved in various legal actions in the normal course of business, in which claims for compensatory and punitive damages are asserted, some for substantial amounts.  We recognize an estimated loss from these loss contingencies when we believe it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. Some of the pending matters have been filed as purported class actions and some actions have been filed in certain jurisdictions that permit punitive damage awards that are disproportionate to the actual damages incurred.  The amounts sought in certain of these actions are often large or indeterminate and the ultimate outcome of certain actions is difficult to predict.  In the event of an adverse outcome in one or more of these matters, there is a possibility that the ultimate liability may be in excess of the liabilities we have established and could have a material adverse effect on our business, financial condition, results of operations and cash flows.  In addition, the resolution of pending or future litigation may involve modifications to the terms of outstanding insurance policies or could impact the timing and amount of rate increases, which could adversely affect the future profitability of the related insurance policies.  Based upon information presently available, and in light of legal, factual and </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">other defenses available to the Company and its subsidiaries, the Company does not believe that it is probable that the ultimate liability from either pending or threatened legal actions, after consideration of existing loss provisions, will have a material adverse effect on the Company's consolidated financial condition, operating results or cash flows. However, given the inherent difficulty in predicting the outcome of legal proceedings, there exists the possibility that such legal actions could have a material adverse effect on the Company's consolidated financial condition, operating results or cash flows.</span></div><div><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to the inherent difficulty of predicting litigation outcomes, particularly those that will be decided by a jury, some matters purport to seek substantial or an unspecified amount of damages for unsubstantiated conduct spanning several years based on complex legal theories and damages models. The alleged damages typically are indeterminate or not factually supported in the complaint, and, in any event, the Company's experience indicates that monetary demands for damages often bear little relation to the ultimate loss. In some cases, plaintiffs are seeking to certify classes in the litigation and class certification either has been denied or is pending and we have filed oppositions to class certification or sought to decertify a prior class certification. In addition, for many of these cases: (i) there is uncertainty as to the outcome of pending appeals or motions; (ii) there are significant factual issues to be resolved; and/or (iii) there are novel legal issues presented. Accordingly, the Company cannot reasonably estimate the possible loss or range of loss in excess of amounts accrued, if any, or predict the timing of the eventual resolution of these matters.  The Company reviews these matters on an ongoing basis.  When assessing reasonably possible and probable outcomes, the Company bases its assessment on the expected ultimate outcome following all appeals.</span></div><div style="text-indent:27pt"><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">On December 19, 2018, Melanie Cyganowski, as Equity Receiver for Platinum Partners Credit Opportunities Master Fund, LP ("PPCO") and other Platinum entities (the "PPCO Receiver") brought an action in the United States District Court for the Southern District of New York, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Cyganowski v. Beechwood Re Ltd, et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">, alleging, among other claims, fraud, aiding and abetting fraud, fraudulent transfer and violation of the Racketeer Influenced and Corrupt Organizations Act against numerous defendants, including Beechwood Re Ltd. ("BRe") and many of its affiliates and CNO Financial Group, Inc., Bankers Conseco Life Insurance Company ("BCLIC"), Washington National and 40|86 Advisors, Inc. (collectively, the "CNO Parties"). The PPCO Receiver alleged that Platinum insiders conspired with BRe and its principals and affiliates in a massive fraudulent scheme to enrich the Platinum and BRe insiders to the detriment of Platinum investors and creditors. The PPCO Receiver alleged that CNO Financial Group, Inc., BCLIC, Washington National and 40|86 Advisors, Inc. had liability for the fraudulent scheme of the Platinum and BRe insiders under a theory that they turned a blind eye to the fraudulent scheme due to their desire to transfer unprofitable legacy portfolios of long-term care insurance via the reinsurance transactions with BRe. On January 24, 2019, the court consolidated the PPCO Receiver action with two other cases (to which the CNO companies are not parties) before it for at least discovery purposes.  On August 19, 2019, the court granted in their entirety CNO Financial Group, Inc.’s and 40|86 Advisors, Inc.’s motions to dismiss the PPCO Receiver’s claims against them. The court granted in part and denied in part the motions to dismiss of BCLIC and Washington National, dismissing the PPCO Receiver’s claims for, among other things, fraud, aiding and abetting fraud, securities fraud and violation of the Racketeer Influenced and Corrupt Organizations Act, while denying BCLIC’s and Washington National’s motions to dismiss the PPCO Receiver’s fraudulent transfer and unjust enrichment claims. BCLIC and Washington National agreed with the PPCO Receiver to fully settle the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Cyganowski</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%"> case. Under the settlement, neither BCLIC nor Washington National will incur any liability or make any payment to anyone, but instead they were granted an unsecured claim against PPCO’s estate. The settlement agreement states that the PPCO Receiver’s decision to enter into the agreement was based in part on the CNO Parties’ credible arguments based on an expansive documentary record that the CNO Parties were not knowing participants in any fraud perpetrated by any of the Platinum funds or any of the Beechwood entities, but were instead purely victims of such fraud schemes. The settlement agreement was approved by the Court on July 17, 2020, and the Joint Stipulation and Order of Dismissal with Prejudice was accepted by the Court on August 6, 2020. The </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Cyganowski</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%"> case is thus completely concluded.</span></div><div><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On April 9, 2019, BCLIC and Washington National commenced an action entitled</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> Bankers Conseco Life Insurance Company and Washington National Insurance Company v. Wilmington Trust, National Association</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, in the Supreme Court of the State of New York, County of New York, Commercial Division (the "Wilmington Action").  In the Wilmington Action, BCLIC and Washington National assert claims against Wilmington Trust, National Association ("Wilmington") for breaching its express contractual obligations under four trust agreements pursuant to which Wilmington was the trustee in regard to trust assets ceded as part of reinsurance agreements with BRe, as well as for breaching its fiduciary duties to BCLIC and Washington National. The Court granted Wilmington’s motion to dismiss this litigation. BCLIC and Washington National are appealing the Court’s decision.</span></div><div><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 7, 2019, the Joint Official Liquidators of Platinum Partners Value Arbitrage Fund L.P. (in Official Liquidation) and Principal Growth Strategies, LLC, commenced suit against, among others, the CNO Parties in Delaware Chancery Court.  </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Plaintiffs allege that the CNO Parties were unjustly enriched when they terminated BCLIC and Washington National's reinsurance agreements with BRe and recaptured assets from reinsurance trusts, in particular, Agera securities.  Plaintiffs contend that the Agera securities were fraudulently transferred to the Reinsurance Trusts by other Platinum-related entities and they are seeking to claw back those Agera securities, or the value of those assets, from the CNO Parties.  The CNO Parties are vigorously contesting the plaintiff’s claims. The CNO Parties had removed the case to the United States District Court for the District of Delaware but on April 6, 2020, the District Court granted the plaintiff's motion to remand the case back to the Delaware Chancery Court. The Plaintiff has filed an Amended Complaint and the CNO Parties have responded.</span></div><div style="text-indent:27pt"><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 28, 2019, BCLIC and Washington National commenced an action entitled Bankers Conseco Life Insurance Company and Washington National Insurance Company v. KPMG LLP, in the Supreme Court of the State of New York, County of New York, Commercial Division (the "KPMG Action").  In the KPMG Action, BCLIC and Washington National assert claims against KPMG LLP ("KPMG") for aiding and abetting fraud, constructive fraud and negligent misrepresentation arising from KPMG's alleged role in the Platinum Partners' scheme to defraud BCLIC and Washington National into reinsuring its long-term care business with BRe. The Court granted KPMG’s motion to dismiss this litigation. BCLIC and Washington</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">National are appealing the Court’s decision.</span></div><div style="text-indent:27pt"><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Regulatory Examinations and Fines</span></div><div><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Insurance companies face significant risks related to regulatory investigations and actions.  Regulatory investigations generally result from matters related to sales or underwriting practices, payment of contingent or other sales commissions, claim payments and procedures, product design, product disclosure, additional premium charges for premiums paid on a periodic basis, denial or delay of benefits, charging excessive or impermissible fees on products, procedures related to canceling policies, changing the way cost of insurance charges are calculated for certain life insurance products or recommending unsuitable products to customers.  We are, in the ordinary course of our business, subject to various examinations, inquiries and information requests from state, federal and other authorities.  The ultimate outcome of these regulatory actions (including the costs of complying with information requests and policy reviews) cannot be predicted with certainty.  In the event of an unfavorable outcome in one or more of these matters, the ultimate liability may be in excess of liabilities we have established and we could suffer significant reputational harm as a result of these matters, which could also have a material adverse effect on our business, financial condition, results of operations or cash flows.</span></div><div><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August 2011, we were notified of an examination to be done on behalf of a number of states for the purpose of determining compliance with unclaimed property laws by the Company and its subsidiaries.  Such examination has included inquiries related to the use of data available on the U.S. Social Security Administration's Death Master File ("SSADMF") to identify instances where benefits under life insurance policies, annuities and retained asset accounts are payable. We are continuing to provide information to the examiners in response to their requests. A total of 41 states and the District of Columbia participated in this examination. In November 2018, we entered into a Global Resolution Agreement for compliance with laws and regulations concerning the identification, reporting and escheatment of unclaimed contract benefits or abandoned funds. Under the terms of the Global Resolution Agreement, a third-party auditor acting on behalf of the signatory jurisdictions is comparing expanded matching criteria to the SSADMF to identify deceased insureds and contract holders where a valid claim has not been made.</span></div>
cno Number Of States Participating In Examination Of Compliance With Unclaimed Property Laws
NumberOfStatesParticipatingInExaminationOfComplianceWithUnclaimedPropertyLaws
41 state
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541800000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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510900000 USD
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17500000 USD
us-gaap Net Income Loss
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131400000 USD
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218800000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
183700000 USD
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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38800000 USD
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263900000 USD
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462500000 USD
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-26000000.0 USD
cno Change In Accrued Investment Income And Amortization Of Premium Or Discount On Investments
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-150100000 USD
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201500000 USD
us-gaap Increase Decrease In Deferred Policy Acquisition Costs
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217500000 USD
cno Gain Losson Investments Excluding Cash Expenses
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-55400000 USD
cno Gain Losson Investments Excluding Cash Expenses
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23700000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
us-gaap Gains Losses On Extinguishment Of Debt
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-7300000 USD
us-gaap Other Operating Activities Cash Flow Statement
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43500000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
78500000 USD
cno Share Based Compensation Noncash Portion
ShareBasedCompensationNoncashPortion
14700000 USD
CY2020Q3 cno Variable Interest Entity Amortized Cost Securities Held
VariableInterestEntityAmortizedCostSecuritiesHeld
1223700000 USD
CY2020Q3 cno Variable Interest Entity Gross Unrealized Gains Fixed Maturity Securities
VariableInterestEntityGrossUnrealizedGainsFixedMaturitySecurities
1800000 USD
CY2020Q3 cno Variable Interest Entity Gross Unrealized Losses Fixed Maturity Securities
VariableInterestEntityGrossUnrealizedLossesFixedMaturitySecurities
30700000 USD
CY2020Q3 cno Variable Interest Entity Fixed Maturity Securities Allowance For Credit Loss
VariableInterestEntityFixedMaturitySecuritiesAllowanceForCreditLoss
22200000 USD
CY2020Q3 cno Variable Interest Entity Fixed Maturity Securities Fair Value
VariableInterestEntityFixedMaturitySecuritiesFairValue
1172600000 USD
cno Variable Interest Entities Net Realized Gain Loss On Investments
VariableInterestEntitiesNetRealizedGainLossOnInvestments
-17900000 USD
cno Variable Interest Entities Net Gain Loss From Sale Of Fixed Maturity Investments
VariableInterestEntitiesNetGainLossFromSaleOfFixedMaturityInvestments
-5600000 USD
cno Variable Interest Entities Change In Allowance For Current Expected Credit Losses
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-12300000 USD
cno Variable Interest Entity Investments Gross Investment Losses From Sale Before Tax
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5700000 USD
cno Variable Interest Entities Investments Sold
VariableInterestEntitiesInvestmentsSold
47300000 USD
cno Variable Interest Entities Net Realized Gain Loss On Investments
VariableInterestEntitiesNetRealizedGainLossOnInvestments
-15800000 USD
cno Variable Interest Entities Net Gain Loss From Sale Of Fixed Maturity Investments
VariableInterestEntitiesNetGainLossFromSaleOfFixedMaturityInvestments
-10700000 USD
cno Variable Interest Entity Investments Gross Investment Losses From Sale Before Tax
VariableInterestEntityInvestmentsGrossInvestmentLossesFromSaleBeforeTax
10900000 USD
cno Variable Interest Entities Investments Sold
VariableInterestEntitiesInvestmentsSold
276800000 USD
CY2020Q3 cno Number Of Investments Held By Variable Interest Entities In Default
NumberOfInvestmentsHeldByVariableInterestEntitiesInDefault
6 investment
CY2020Q3 cno Investments Held In Limited Partnerships
InvestmentsHeldInLimitedPartnerships
557100000 USD
CY2020Q3 cno Unfunded Commitmentsto Limited Partnerships
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78800000 USD
cno Fair Value Fixed Maturity Securities Valued Using Broker Quotes Percentage
FairValueFixedMaturitySecuritiesValuedUsingBrokerQuotesPercentage
0.88
CY2020Q3 cno Available For Sale Fixed Maturities With Significant Unobservable Inputs Investment Grade Percent
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0.92
CY2020Q3 cno Available For Sale Maturities With Significant Unobservable Inputs Corporate Securities Percent
AvailableForSaleMaturitiesWithSignificantUnobservableInputsCorporateSecuritiesPercent
0.87
cno Available For Sale Securities Value Of Securities Sold
AvailableForSaleSecuritiesValueOfSecuritiesSold
412900000 USD
cno Available For Sale Securities Value Of Securities Sold
AvailableForSaleSecuritiesValueOfSecuritiesSold
936600000 USD

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