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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities    
Net Income $ 426.5 $ 562.1
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Increase (Decrease) in Deferred Policy Acquisition Costs 5.0 (21.8)
Change in Receivables 91.9 57.2
Change in Insurance Reserves and Liabilities 243.8 243.6
Change in Income Taxes 82.3 236.7
Change in Other Accrued Liabilities (52.4) 15.0
Non-cash Components of Net Investment Income (163.0) (231.4)
Net Realized Investment Loss 110.2 6.2
Depreciation 55.8 54.9
Other, Net 52.3 20.2
Net Cash Provided by Operating Activities 852.4 942.7
Cash Flows from Investing Activities    
Proceeds from Sales of Fixed Maturity Securities 363.5 606.9
Proceeds from Maturities of Fixed Maturity Securities 891.7 811.1
Proceeds from Sales and Maturities of Other Investments 114.1 187.1
Purchases of Fixed Maturity Securities (1,068.3) (1,906.1)
Purchases of Other Investments (250.2) (153.0)
Net Purchases of Short-term Investments (1,251.0) (388.3)
Net Increase (Decrease) in Payables for Collateral on Investments 187.0 (100.0)
Net Purchases of Property and Equipment (77.5) (64.9)
Net Cash Used by Investing Activities (1,090.7) (1,007.2)
Cash Flows from Financing Activities    
Proceeds from Issuance of Long-term Debt 494.1 395.9
Long-term Debt Repayment (30.0) (30.0)
Issuance of Common Stock 2.3 3.5
Repurchase of Common Stock 0.0 (200.2)
Dividends Paid to Stockholders (115.8) (110.9)
Other, Net (30.8) (27.0)
Net Cash Used by Financing Activities 319.8 31.3
Net Increase (Decrease) in Cash and Bank Deposits 81.5 (33.2)
Cash and Bank Deposits at Beginning of Year 84.1 94.0
Cash and Bank Deposits at End of Period $ 165.6 $ 60.8