Supplemental Cash Flow Information

6 Months Ended

Jun. 30, 2022

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

Supplemental Cash Flow Information — Cash and cash equivalents include bank demand deposits and daily overnight reverse repurchase commitments of funds held in bank demand deposit accounts by certain subsidiaries. The amount of reverse repurchase commitments, which are not considered part of the investment portfolio, held by these subsidiaries at June 30, 2022 and 2021, and December 31, 2021, were $140.6 million, $90.5 million, and $137.1 million, respectively.

Restricted cash and cash equivalents include collateral held against unpaid deductibles and cash that is restricted to pay flood claims under the National Flood Insurance Program’s “Write Your Own” program, for which certain subsidiaries are administrators.

Non-cash activity included the following in the respective periods:

	Six Months Ended June 30,
(millions)	2022		2021
Common share dividends1	$	58.5	$	58.5
Operating lease liabilities2	22.5		55.9

1 Declared but unpaid. See Note 9 – Dividends for further discussion.

2 From obtaining right-of-use assets.

We paid the following in the respective periods: 

	Six Months Ended June 30,
(millions)	2022		2021
Income taxes	$	363.2	$	574.1
Interest	102.6		112.0
Operating lease liabilities	41.8		44.8