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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income $ 2,612.1 $ 2,101.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Net realized (gains) losses on financial instruments (138.2) 23.8
Other-than-temporary impairment losses recognized in income 20.9 103.6
Loss on disposal of assets 3.5 3.5
Deferred income taxes (237.5) 81.6
Amortization, net of accretion 581.2 601.7
Depreciation expense 81.7 77.7
Share-based compensation 130.7 124.3
Excess tax benefits from share-based compensation 0.0 (48.7)
Changes in operating assets and liabilities:    
Receivables, net 611.6 (176.2)
Other invested assets (26.2) (17.7)
Other assets (517.0) (925.2)
Policy liabilities 274.6 (249.5)
Unearned income 969.8 467.9
Accounts payable and accrued expenses 563.7 86.9
Other liabilities 251.0 381.6
Income taxes 356.2 410.6
Other, net (52.1) (53.9)
Net cash provided by operating activities 5,486.0 2,993.4
Investing activities    
Purchases of fixed maturity securities (10,270.5) (7,624.0)
Proceeds from fixed maturity securities:    
Sales 7,668.3 6,001.0
Maturities, calls and redemptions 1,387.6 979.3
Purchases of equity securities (481.3) (1,178.3)
Proceeds from sales of equity securities 620.8 1,210.4
Purchases of other invested assets (252.8) (348.3)
Proceeds from sales of other invested assets 163.7 273.1
Change in collateral and settlements of non-hedging derivatives 64.9 (21.0)
Changes in securities lending collateral 172.5 (58.4)
Purchases of subsidiaries, net of cash acquired (33.9) 0.0
Purchases of property and equipment (516.2) (415.6)
Proceeds from sales of property and equipment 3.3 0.0
Other, net 11.9 (3.0)
Net cash used in investing activities (1,461.7) (1,184.8)
Financing activities    
Net proceeds from (repayments of) commercial paper borrowings 686.5 (177.5)
Repayments of long-term borrowings (929.9) 0.0
Proceeds from short-term borrowings 3,850.0 1,860.0
Repayments of short-term borrowings (3,110.0) (1,960.0)
Changes in securities lending payable (172.5) 58.4
Changes in bank overdrafts (126.5) 311.5
Proceeds from sale of put options 0.9 0.0
Repurchase and retirement of common stock (1,635.4) 0.0
Change in collateral and settlements of debt-related derivatives (175.6) (1,034.0)
Cash dividends (525.4) (512.7)
Proceeds from issuance of common stock under employee stock plans 177.6 91.2
Taxes paid through withholding of common stock under employee stock plans (46.0) (63.6)
Excess tax benefits from share-based compensation 0.0 48.7
Net cash used in financing activities (2,006.3) (1,378.0)
Effect of foreign exchange rates on cash and cash equivalents 3.9 1.9
Change in cash and cash equivalents 2,021.9 432.5
Cash and cash equivalents at beginning of period 4,075.3 2,113.5
Cash and cash equivalents at end of period $ 6,097.2 $ 2,546.0