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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows - operating activities      
Net income $ 142.8 $ 133.3 $ 184.4
Adjustments to reconcile net income to net cash provided by operating activities:      
Net investment (gains) losses 11.0 2.3 (153.3)
Depreciation and intangible asset amortization 18.4 23.4 15.6
Share-based compensation expense 8.4 6.7 7.3
Other expense - goodwill and intangible asset impairments 0.0 10.0 28.0
Income from equity method investments, net of dividends or distributions (41.5) (2.7) (9.1)
Changes in:      
Accrued investment income 0.8 (1.6) 46.9
Insurance liabilities 46.9 69.9 (96.8)
Reinsurance recoverables (1.5) 1.6 22.0
Income tax liabilities 8.5 8.3 28.8
Other operating assets and liabilities 8.1 0.6 47.4
Other 3.0 8.0 6.4
Net cash provided by operating activities 204.9 259.8 127.6
Fixed maturity securities      
Purchases (1,459.0) (1,439.7) (1,058.7)
Sales 578.2 472.9 805.9
Maturities, paydowns, calls and redemptions 873.3 640.3 799.5
Equity securities      
Purchases (46.1) (37.4) (15.6)
Sales and repayments 4.7 12.7 33.5
Limited partnership interests      
Purchases (320.6) (98.6) (129.4)
Sales 86.5 30.9 91.5
Change in short-term and other investments, net (19.0) 12.1 (49.3)
Acquisition of businesses, net of cash acquired 0.0 0.0 (421.5)
Net cash (used in) provided by investing activities (302.0) (406.8) 55.9
Cash flows - financing activities      
Dividends paid to shareholders (51.4) (49.6) (47.3)
Principal borrowings on Bank Credit Facility 114.0 0.0 135.0
FHLB borrowings 5.0 4.0 0.0
Principal repayment on FHLB borrowings (54.0) 0.0 0.0
Acquisition of treasury stock (5.3) (2.2) 0.0
Proceeds from exercise of stock options 0.3 2.4 1.7
Withholding tax payments on RSUs tendered (2.0) (2.3) (3.7)
Annuity contracts: variable, fixed and FHLB funding agreements      
Deposits 1,060.4 578.9 637.5
Benefits, withdrawals and net transfers to Separate Account (variable annuity) assets (462.7) (378.6) (419.0)
Principal repayment on FHLB funding agreements (362.0) 0.0 (305.0)
Life policy accounts      
Deposits 8.9 9.0 9.4
Withdrawals and surrenders (3.8) (3.9) (3.5)
Change in deposit asset on reinsurance (39.2) (21.2) (150.4)
Change in book overdrafts 0.3 7.3 (24.6)
Net cash provided by (used in) financing activities 208.5 143.8 (169.9)
Net increase (decrease) in cash 111.4 (3.2) 13.6
Cash at beginning of year 22.3 25.5 11.9
Cash at end of year $ 133.7 $ 22.3 $ 25.5