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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 221.9 $ 163.1
Adjustments to reconcile net income to cash provided by operating activities:    
Provision for policy losses and other claims 152.0 149.0
Depreciation and amortization 105.5 102.2
Amortization of premiums and accretion of discounts on debt securities, net (20.9) 4.0
Net investment losses 20.5 4.2
Share-based compensation 47.8 32.8
Equity in earnings of affiliates, net (5.1) (3.0)
Dividends from equity method investments 3.4 3.3
Changes in assets and liabilities excluding effects of acquisitions and noncash transactions:    
Claims paid, including assets acquired, net of recoveries (164.5) (179.4)
Net change in income tax accounts 62.7 47.8
(Increase) decrease in accounts and accrued income receivable (34.7) 124.1
Decrease in accounts payable and accrued liabilities (61.4) (63.1)
Decrease in deferred revenue (6.5) (6.3)
Other, net (11.7) (42.7)
Cash provided by operating activities 309.0 336.0
Cash flows from investing activities:    
Acquisitions/dispositions, net of cash acquired/divested (3.9) (6.3)
Net decrease (increase) in deposits with banks 6.4 (2.7)
Purchases of debt securities (1,393.7) (592.2)
Proceeds from sales of debt securities 507.0 361.9
Proceeds from maturities of debt securities 312.3 291.3
Purchases of equity securities (19.4) (34.2)
Proceeds from sales of equity securities 17.3 57.8
Net change in other investments (6.5) 0.3
Advances under secured financing agreements (18,613.4) (10,879.5)
Collections of secured financings receivable 18,328.3 10,778.5
Capital expenditures (94.1) (108.4)
Proceeds from sales of property and equipment 0.1 0.0
Proceeds from insurance settlement 1.9 2.9
Cash used for investing activities (957.7) (130.6)
Cash flows from financing activities:    
Net change in deposits 911.6 (1,691.9)
Borrowings under secured financing agreements 18,071.3 10,709.2
Repayments of secured financings payable (17,831.3) (10,621.0)
Repayments of other notes and contracts payable (1.3) (1.5)
Net activity related to noncontrolling interests (1.7) 4.1
Net payments in connection with share-based compensation (1.1) (2.3)
Repurchases of Company shares (88.7) (44.2)
Payments of cash dividends (111.0) (109.6)
Cash provided by (used for) financing activities 947.8 (1,757.2)
Effect of exchange rate changes on cash 14.0 (4.9)
Net increase (decrease) in cash and cash equivalents 313.1 (1,556.7)
Cash and cash equivalents—Beginning of period 1,718.1 3,605.3
Cash and cash equivalents—End of period 2,031.2 2,048.6
Supplemental information:    
Interest 71.6 78.1
Premium taxes 42.6 31.0
Income taxes paid 21.5 11.7
Income tax refunds $ (14.3) $ (12.8)