XML 71 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Statement of Cash Flows [Abstract]      
Net income (loss) $ 283.5 $ 325.4 $ 320.3
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Capitalization of deferred policy acquisition costs, value of business acquired and sales inducements (79.5) (88.1) (88.9)
Net amortization of deferred policy acquisition costs, value of business acquired and sales inducements 60.1 133.1 97.7
Net accretion/amortization of discount/premium 24.4 20.7 37.0
Future policy benefits, claims reserves and interest credited 559.9 569.9 639.0
Deferred income tax expense (benefit) 62.3 9.5 (65.3)
Net realized capital (gains) losses 142.2 (59.3) 215.8
Depreciation 3.6 3.5 3.5
Change in:      
Accrued investment income (12.0) (12.8) (19.7)
Reinsurance recoverable 137.1 122.6 79.6
Other receivables and asset accruals (7.3) (44.8) (3.5)
Due to/from affiliates 63.4 (77.8) 54.3
Other payables and accruals (35.7) 125.0 (91.9)
Other, net (18.5) 60.9 (64.8)
Net cash provided by operating activities 1,183.5 1,087.8 1,113.1
Proceeds from the sale, maturity, disposal or redemption of:      
Fixed maturities 3,618.7 3,868.7 6,468.5
Equity securities, available-for-sale 0.7 2.4 63.1
Mortgage loans on real estate 270.9 492.2 332.8
Limited partnerships/corporations 35.1 339.4 93.0
Acquisition of:      
Fixed maturities (4,368.6) (5,484.7) (7,662.0)
Equity securities, available-for-sale (9.2) (0.7) (5.7)
Mortgage loans on real estate (794.2) (991.3) (863.1)
Limited partnerships/corporations (20.0) (46.1) (68.5)
Derivatives, net (276.6) (36.4) (78.6)
Policy loans, net (1.1) 5.0 7.1
Short-term investments, net 664.9 (463.0) 5.3
Loan-Dutch State obligation, net 0 416.8 122.4
Collateral (delivered) received, net (38.5) 57.1 105.3
Purchases of fixed assets, net (0.2) (0.6) (0.8)
Net cash used in investing activities (918.1) (1,841.2) (1,481.2)
Cash Flows from Financing Activities:      
Deposits received for investment contracts 2,723.4 2,884.3 3,115.4
Maturities and withdrawals from investment contracts (2,709.3) (2,292.6) (2,403.6)
Short-term loans to affiliates, net 0 648.0 (343.9)
Short-term repayments of repurchase agreements, net 0 0 (214.7)
Dividends paid and return of capital distribution (264.0) (340.0) 0
Capital contribution from parent 0 0 201.0
Net cash provided by (used in) financing activities (249.9) 899.7 354.2
Net increase (decrease) in cash and cash equivalents 15.5 146.3 (13.9)
Cash and cash equivalents, beginning of year 363.4 217.1 231.0
Cash and cash equivalents, end of year 378.9 363.4 217.1
Supplemental cash flow information:      
Income taxes paid, net 102.6 170.1 108.4
Interest paid $ 0 $ 0 $ 0.3