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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities    
Net income $ 114.3 $ 82.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Net realized investment (gains) losses (29.7) 3.2
Accretion and amortization of invested assets, net 23.3 18.9
Accrued interest on fixed maturities (15.0) (21.5)
Amortization and depreciation 12.8 11.5
Deferred 4.2 6.6
Interest credited on deposit contracts 453.4 440.0
Mortality and expense charges and administrative fees (53.8) (51.2)
Changes in:    
Accrued investment income (10.5) (14.4)
Deferred policy acquisition costs, net (24.0) (35.1)
Other receivables (8.3) 2.8
Future policy benefits 1.2 2.1
Policy and contract claims 9.8 (4.9)
Current income taxes (1.4) 22.3
Other assets and liabilities (25.8) (27.0)
Other, net 0.8 1.4
Total adjustments 337.0 354.7
Net cash provided by operating activities 451.3 436.8
Purchases of:    
Fixed maturities and marketable equity securities (2,535.0) (2,397.7)
Other invested assets and investments in limited partnerships (16.1) (23.4)
Issuances of mortgage loans (425.7) (179.6)
Issuances of policy loans (6.5) (8.6)
Maturities, calls, paydowns, and other 950.8 892.7
Sales of:    
Fixed maturities and marketable equity securities 803.1 441.7
Other invested assets and investments in limited partnerships 12.1 6.3
Repayments of mortgage loans 52.1 37.5
Repayments of policy loans 8.0 9.7
Other, net 1.2 (1.8)
Net cash used in investing activities (1,156.0) (1,223.2)
Policyholder account balances:    
Deposits 1,261.8 1,215.9
Withdrawals (724.4) (621.2)
Proceeds from issuance of common stock   282.5
Cash dividends paid on common stock (15.1) (6.9)
Acquisition of treasury stock   (0.6)
Other, net (4.8) (18.4)
Net cash provided by financing activities 517.5 851.3
Net increase (decrease) in cash and cash equivalents (187.2) 64.9
Cash and cash equivalents at beginning of period 274.6 257.8
Cash and cash equivalents at end of period 87.4 322.7
Non-cash transactions during the period:    
Investments in limited partnerships and capital obligations incurred 13.5 20.2
Bond exchanges $ 69.8 $ 72.7