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Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities      
Net earnings $ 126,883 $ 890,201 $ 54,654
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 160,002 119,513 127,374
Change in the fair value of equity securities 110,459 (709,695) 228,994
Net realized capital (gains) losses (3,098) 6,551 3,241
Change in allowance for credit losses on available for sale securities 8,029    
Change in allowance for credit losses on available for sale securities   19,660 1,328
Net adjustments 909,951 (175,796) 347,769
Net cash provided by (used in) operating activities 1,036,834 714,405 402,423
Cash flows from investing activities      
Purchases of equity securities (1,974,625) (520,961) (1,041,887)
Purchases of debt securities (6,721,073) (6,726,809) (4,716,070)
Sales of debt securities 4,042,915 3,645,307 3,647,156
Maturities and redemptions of debt securities 1,664,285 1,166,841 1,526,060
Sales of equity securities 1,659,234 2,296,371 1,609,647
Net (purchase) sale of short-term investments 208,263 (21,564) (316,366)
Purchases of property and equipment (37,519) (47,572) (23,286)
Other, net (12,973) (40,218) (86,478)
Net cash provided by (used in) investing activities (1,284,447) (476,539) 345,432
Cash flows from financing activities      
Repayment of senior notes (307,095) 0 0
Treasury stock acquisitions (194,762) (144,422) (491,633)
Proceeds from issuance of senior notes 499,335 0 0
Debt issue costs paid (4,550) 0 0
Cash dividends paid (215,013) 0 (153,967)
Other, net (27,912) (40,530) 4,512
Net cash provided by (used in) financing activities (164,008) (103,214) (536,684)
Net (decrease) increase in cash (387,656) 140,335 200,388
Cash at beginning of period 1,179,098 1,038,763 838,375
Cash at end of period 791,442 1,179,098 1,038,763
Cash paid during the period for:      
Interest paid 91,832 97,016 88,345
Income taxes paid (refunds received) 90,828 61,786 33,677
Parent Company      
Cash flows from operating activities      
Net earnings 126,883 890,201 54,654
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Equity in undistributed net (earnings) losses of consolidated subsidiaries (226,590) (989,486) (130,050)
Depreciation and amortization 4,064 2,249 1,750
Change in the fair value of equity securities 54,647 (3,937) 44,780
Net realized capital (gains) losses (6,522) 13,497 265
Change in allowance for credit losses on available for sale securities 57    
Change in allowance for credit losses on available for sale securities   0 0
Increase (decrease) in other liabilities and taxes payable (56,298) 24,593 (84,803)
Net adjustments (230,642) (953,084) (168,058)
Net cash provided by (used in) operating activities (103,759) (62,883) (113,404)
Cash flows from investing activities      
Purchases of equity securities (763,986) 0 (31,125)
Purchases of debt securities (497,058) (194,706) (3,418)
Sales of debt securities 606,110 1,186 29,189
Maturities and redemptions of debt securities 32,383 13,344 53
Sales of equity securities 142,065 64,016 360,579
Net (purchase) sale of short-term investments 49,154 162,161 (195,983)
Purchases of property and equipment (9) (124) 0
Other, net (8,731) (33,245) (4,926)
Net cash provided by (used in) investing activities (440,072) 12,632 154,369
Cash flows from financing activities      
Repayment of senior notes (307,095) 0 0
Treasury stock acquisitions (194,762) (144,422) (491,633)
Proceeds from issuance of senior notes 499,335 0 0
Debt issue costs paid (4,550) 0 0
Cash dividends paid (215,013) 0 (153,967)
Capital contributions to consolidated subsidiaries (87,323) (15,267) (175,653)
Distributions from consolidated subsidiaries 865,000 215,000 751,471
Other, net 4,798 (4,707) 7,868
Net cash provided by (used in) financing activities 560,390 50,604 (61,914)
Net (decrease) increase in cash 16,559 353 (20,949)
Cash at beginning of period 684 331 21,280
Cash at end of period 17,243 684 331
Cash paid during the period for:      
Interest paid 49,036 51,375 51,375
Income taxes paid (refunds received) $ 17,255 $ (4,189) $ (8,338)