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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities    
Net Income $ 161.0 $ 280.9
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Change in Receivables (8.7) (10.7)
Change in Deferred Acquisition Costs 14.2 (3.1)
Change in Insurance Reserves and Liabilities 67.5 90.7
Change in Income Taxes 24.9 253.1
Change in Other Accrued Liabilities (121.3) (35.8)
Non-cash Components of Net Investment Income (92.5) (95.6)
Net Realized Investment (Gain) Loss 144.0 (1.1)
Depreciation 28.5 27.4
Other, Net 2.3 11.0
Net Cash Provided by Operating Activities 219.9 516.8
Cash Flows from Investing Activities    
Proceeds from Sales of Fixed Maturity Securities 120.7 361.0
Proceeds from Maturities of Fixed Maturity Securities 414.3 369.6
Proceeds from Sales and Maturities of Other Investments 48.5 133.3
Purchases of Fixed Maturity Securities (780.5) (822.0)
Purchases of Other Investments (144.2) (53.2)
Net Sales (Purchases) of Short-term Investments 15.5 (217.9)
Net Increase (Decrease) in Payables for Collateral on Investments 487.4 (107.9)
Net Purchases of Property and Equipment (39.1) (28.1)
Net Cash Provided (Used) by Investing Activities 122.6 (365.2)
Cash Flows from Financing Activities    
Long-term Debt Repayment (15.0) (15.0)
Issuance of Common Stock 1.3 1.4
Repurchase of Common Stock 0.0 (100.0)
Dividends Paid to Stockholders (57.8) (55.7)
Other, Net (17.9) (14.2)
Net Cash Used by Financing Activities (89.4) (183.5)
Net Increase (Decrease) in Cash and Bank Deposits 253.1 (31.9)
Cash and Bank Deposits at Beginning of Year 84.1 94.0
Cash and Bank Deposits at End of Period $ 337.2 $ 62.1