NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - Continued Unum Group and Subsidiaries Note 4 - Derivative Financial Instruments - Continued The following tables summarize the location of gains and losses of derivative financial instruments designated as hedging instruments, as reported in our consolidated statements of income. 166 Year Ended December 31, 2020 Net Investment Income Net Realized Investment Gain (Loss) Interest and Debt Expense (in millions of dollars) Total Income and Expense Presented in the Consolidated Statements of Income of Which Hedged Items are Recorded $ 2,360.7  $ 1,199.1  $ 188.2  Gain (Loss) on Cash Flow Hedging Relationships Interest Rate Swaps: Hedged items 286.1  397.7  29.2  Derivatives Designated as Hedging Instruments 75.9  32.0  1.7  Foreign Exchange Contracts: Hedged items 12.1  (0.1) —  Derivatives Designated as Hedging Instruments 2.5  0.1  —  Gain (Loss) on Fair Value Hedging Relationships Interest Rate Swaps: Hedged items —  (0.6) 10.1  Derivatives Designated as Hedging Instruments —  0.6  (0.9) Foreign Exchange Contracts Hedged items 7.1  23.3  —  Derivatives Designated as Hedging Instruments 2.8  (23.3) — 