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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows from Operating Activities    
Net Income $ 153.0 $ 161.0
Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities    
Change in Receivables 4.5 (8.7)
Change in Deferred Acquisition Costs 35.8 14.2
Change in Insurance Reserves and Liabilities 291.1 67.5
Change in Income Taxes 44.9 24.9
Change in Other Accrued Liabilities (72.4) (121.3)
Non-cash Components of Net Investment Income (108.0) (92.5)
Net Realized Investment (Gain) Loss (84.6) 144.0
Depreciation 29.3 28.5
Cash Related to Reinsurance Agreement (456.8) 0.0
Other, Net 1.2 2.3
Net Cash Provided (Used) by Operating Activities (162.0) 219.9
Cash Flows from Investing Activities    
Proceeds from Sales of Fixed Maturity Securities 157.4 120.7
Proceeds from Maturities of Fixed Maturity Securities 856.3 414.3
Proceeds from Sales and Maturities of Other Investments 68.2 48.5
Purchases of Fixed Maturity Securities (1,185.0) (780.5)
Purchases of Other Investments (62.5) (144.2)
Net Sales and Maturities of Short-term Investments 769.0 15.5
Net Increase in Payables for Collateral on Investments 16.1 487.4
Net Purchases of Property and Equipment (30.9) (39.1)
Net Cash Provided by Investing Activities 588.6 122.6
Cash Flows from Financing Activities    
Long-term Debt Repayment 0.0 (15.0)
Issuance of Common Stock 0.8 1.3
Dividends Paid to Stockholders (58.4) (57.8)
Cash Received Related to Active Life Volatility Cover Agreement 17.9 0.0
Other, Net (22.1) (17.9)
Net Cash Used by Financing Activities (61.8) (89.4)
Net Increase in Cash and Bank Deposits 364.8 253.1
Cash and Bank Deposits at Beginning of Year 197.0 84.1
Cash and Bank Deposits at End of Period $ 561.8 $ 337.2