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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ (604.8) $ 412.2
Adjustments to reconcile net income (loss) to    
Deferred policy acquisition costs 2.0 (3.2)
Premiums and other receivables (119.9) (85.7)
Unpaid claims and related items 73.7 29.8
Unearned premiums and other policyholders' liabilities 0.7 12.1
Income taxes (171.5) 101.0
Reinsurance balances and funds 89.9 43.1
Realized from actual transactions and impairments 18.5 12.3
Unrealized investment (gains) losses from changes in fair value of equity securities 962.7 (355.6)
Accounts payable, accrued expenses and other 1.9 (5.3)
Total 216.3 136.2
Available for sale    
Maturities and early calls 297.3 155.8
Sales 88.8 126.7
Sales of:    
Equity securities 140.5 184.2
Other - net 3.2 3.0
Purchases of:    
Available for sale (274.4) (369.6)
Equity securities (271.2) (172.8)
Other - net (10.9) (12.3)
Net decrease (increase) in short-term investments (9.8) 3.9
Total (36.4) (80.9)
Cash flows from financing activities:    
Issuance of common shares 5.0 3.2
Redemption of debentures and notes (6.5) (6.5)
Origination of Loans to Employee Stock Ownership Plans (50.0) 0.0
Dividends on common shares (62.9) (59.6)
Other - net 0.1 0.1
Total (114.2) (62.7)
Increase (decrease) in cash 65.6 (7.5)
Cash, beginning of period 78.8 100.3
Cash, end of period 144.5 92.8
Supplemental cash flow information:    
Cash paid (received) during the period for: Interest 20.6 20.7
Cash paid (received) during the period for: Income taxes $ 6.7 $ 5.3