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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities      
Net Income $ 1,100.3 $ 523.4 $ 994.2
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Change in Receivables 37.5 (4.7) (101.8)
Change in Deferred Acquisition Costs (48.7) (102.5) (100.9)
Change in Insurance Reserves and Liabilities 376.1 1,193.1 441.9
Change in Income Taxes 248.2 (39.1) 25.6
Change in Other Accrued Liabilities 51.3 (10.1) 14.6
Non-cash Components of Net Investment Income (237.9) (211.1) (200.1)
Net Realized Investment (Gain) Loss 23.2 39.5 (40.3)
Depreciation 110.1 101.4 103.4
Other, Net 81.5 46.6 27.5
Net Cash Provided by Operating Activities 1,741.6 1,536.5 1,164.1
Cash Flows from Investing Activities      
Proceeds from Sales of Fixed Maturity Securities 955.2 642.5 436.3
Proceeds from Maturities of Fixed Maturity Securities 2,401.0 2,815.4 2,560.8
Proceeds from Sales and Maturities of Other Investments 363.5 454.0 257.9
Purchase of Fixed Maturity Securities (4,022.4) (3,861.7) (2,808.5)
Purchase of Other Investments (568.5) (623.2) (474.3)
Net Sales (Purchases) of Short-term Investments (267.6) 200.5 (356.4)
Net Decrease in Payables for Collateral on Investments (104.1) (268.1) (9.8)
Acquisition of Business (Net of Cash Acquired) 0.0 (145.4) 0.0
Net Purchases of Property and Equipment (150.9) (144.1) (105.3)
Other, Net (0.3) 0.0 0.0
Net Cash Used by Investing Activities (1,393.5) (930.1) (499.3)
Cash Flows from Financing Activities      
Short-term Debt Repayment 0.0 (200.0) 0.0
Issuance of Long-term Debt 841.9 290.7 0.0
Long-term Debt Repayment (493.1) (60.0) (63.5)
Cost Related to Early Retirement of Debt 25.9 0.0 0.0
Issuance of Common Stock 6.1 4.6 10.8
Repurchase of Common Stock (400.3) (356.2) (401.8)
Dividends Paid to Stockholders (229.2) (215.6) (196.0)
Other, Net (57.5) (53.3) (37.3)
Net Cash Used by Financing Activities (358.0) (589.8) (687.8)
Net Increase (Decrease) in Cash and Bank Deposits (9.9) 16.6 (23.0)
Cash and Bank Deposits at Beginning of Year 94.0 77.4 100.4
Cash and Bank Deposits at End of Year $ 84.1 $ 94.0 $ 77.4