XML 69 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating activities    
Net income (loss) $ 218.9 $ 208.8
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Amortization of deferred policy acquisition costs (131.1) 37.8
Additions to deferred policy acquisition costs (101.0) (82.7)
Accrued investment income (7.3) (9.5)
Net cash flows for trading securities 7.0 65.3
Premiums due and other receivables 97.3 (42.2)
Contractholder and policyholder liabilities and dividends 521.9 309.1
Current and deferred income taxes (benefits) (31.1) 41.0
Net realized capital (gains) losses 6.7 58.0
Depreciation and amortization expense 36.8 31.4
Mortgage loans held for sale, acquired or originated (22.0) (25.9)
Mortgage loans held for sale, sold or repaid, net of gain 24.0 15.9
Real estate acquired through operating activities (2.9)  
Real estate sold through operating activities 1.2 76.9
Stock-based compensation 25.1 9.2
Other 258.2 502.4
Net adjustments 682.8 986.7
Net cash provided by (used in) operating activities 901.7 1,195.5
Investing activities    
Available-for-sale securities: Purchases (2,060.5) (1,666.4)
Available-for-sale securities: Sales 428.5 536.4
Available-for-sale securities: Maturities 1,612.1 1,725.6
Mortgage loans acquired or originated (919.6) (123.9)
Mortgage loans sold or repaid 361.4 323.7
Real estate acquired (21.3) (7.0)
Net (purchases) sales of property and equipment (17.3) (4.1)
Net change in other investments (73.8) (68.4)
Net cash provided by (used in) investing activities (690.5) 715.9
Financing activities    
Issuance of common stock 9.1 9.1
Acquisition of treasury stock (64.2) (5.9)
Proceeds from financing element derivatives 20.4 19.4
Payments for financing element derivatives (16.2) (12.1)
Excess tax benefits from share-based payment arrangements 9.9 1.6
Dividends to common stockholders (54.3)  
Dividends to preferred stockholders (8.2) (8.2)
Issuance of long-term debt 1.0 0.6
Principal repayments of long-term debt (0.8) (1.7)
Net proceeds from (repayments of) short-term borrowings (7.5) 0.2
Investment contract deposits 1,618.6 893.3
Investment contract withdrawals (2,885.9) (2,674.2)
Net increase (decrease) in banking operation deposits (13.4) (25.8)
Other (1.7) (0.9)
Net cash provided by (used in) financing activities (1,393.2) (1,804.6)
Net increase (decrease) in cash and cash equivalents (1,182.0) 106.8
Cash and cash equivalents at beginning of period 2,833.9 1,877.4
Cash and cash equivalents at end of period $ 1,651.9 $ 1,984.2