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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ (207.0) $ 577.7
Adjustments to reconcile net income (loss) to    
Deferred policy acquisition costs 5.9 (8.3)
Premiums and other receivables (301.4) (236.8)
Unpaid claims and related items 208.6 84.6
Unearned premiums and other policyholders' liabilities (23.7) 33.3
Income taxes (140.8) 87.1
Reinsurance balances 244.7 178.0
Realized from actual transactions and impairments 11.2 22.9
Unrealized investment (gains) losses from changes in fair value of equity securities 608.7 (382.0)
Accounts payable, accrued expenses and other 54.7 2.6
Total 438.3 313.4
Available for sale    
Maturities and early calls 543.3 298.7
Sales 194.2 303.5
Sales of:    
Equity securities 151.6 208.7
Other - net 4.9 25.8
Purchases of:    
Available for sale (518.1) (689.6)
Equity securities (271.2) (313.1)
Other - net (19.9) (30.9)
Net decrease (increase) in short-term investments (311.5) 1.5
Total (226.7) (195.1)
Cash flows from financing activities:    
Issuance of common shares 5.6 6.9
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 (125.3) (119.4)
Other - net (0.2) 0.0
Total (176.3) (118.8)
Cash, beginning of period 78.8 100.3
Cash, end of period 114.0 99.8
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 35.2 (0.5)
Supplemental cash flow information:    
Cash paid (received) during the period for: Interest 20.7 20.9
Cash paid (received) during the period for: Income taxes $ 78.0 $ 59.6