XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net Income (Loss) $ (14,700,000) $ 312,400,000
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:    
Net Realized Investment (Gains) Losses (43,100,000) (38,200,000)
Impairment Losses 7,800,000 20,000,000.0
Depreciation and Amortization of Property, Equipment and Software 32,800,000 26,600,000
Amortization of Intangibles Assets Acquired 46,400,000 14,100,000
(Increase) Decrease in Value of Equity and Convertible Securities (92,400,000) 1,000,000.0
Receivables from Policyholders (137,700,000) (132,200,000)
Reinsurance Recoverables 24,400,000 13,800,000
Deferred Policy Acquisition Costs (87,300,000) (40,500,000)
Insurance Reserves 429,800,000 (10,300,000)
Unearned Premiums 172,900,000 136,100,000
Income Taxes (121,500,000) 22,000,000.0
Other Assets and Liabilities 94,200,000 (79,100,000)
Net Cash Provided by Operating Activities 307,600,000 251,300,000
Cash Flows from Investing Activities:    
Proceeds from Sales, Calls and Maturities of Fixed Maturities 1,015,600,000 707,000,000.0
Proceeds from Sale of Equity Securities, FV-NI 139,700,000 436,500,000
Proceeds from the Sales or Paydowns of Investments:    
Real Estate Investments 6,200,000 5,400,000
Mortgage Loans 53,100,000 18,600,000
Other Investments 39,700,000 26,500,000
Purchases of Investments:    
Fixed Maturities (1,322,200,000) (1,009,700,000)
Payments to Acquire Equity Securities, FV-NI 106,000,000.0 324,400,000
Real Estate Investments (3,600,000) (500,000)
Company-Owned Life Insurance (100,000,000.0) (100,000,000.0)
Mortgage Loans (94,000,000.0) (22,700,000)
Other Investments (92,100,000) (17,900,000)
Net Sales (Purchases) of Short-term Investments 715,100,000 (147,900,000)
Payments to Acquire Businesses, Net of Cash Acquired (316,600,000) 0
Acquisition of Software and Long-lived Assets (43,900,000) (46,200,000)
Other 10,000,000.0 6,000,000.0
Net Cash Provided by (Used in) Investing Activities (99,000,000.0) (469,300,000)
Cash Flows from Financing Activities:    
Repayment of Long-term Debt (50,000,000.0) 0
Net Proceeds from Issuance of Long-term Debt 0 395,600,000
Proceeds from Policyholder Obligations 298,100,000 391,800,000
Repayment of Policyholder Obligations (328,100,000) (192,400,000)
Proceeds from Shares Issued under Employee Stock Purchase Plan 3,900,000 3,100,000
Common Stock Repurchases (161,700,000) (110,400,000)
Dividends and Dividend Equivalents Paid (60,800,000) (59,300,000)
Other 3,700,000 5,000,000.0
Net Cash (Used in) Provided by Financing Activities (294,900,000) 433,400,000
Increase (Decrease) in Cash (86,300,000) 215,400,000
Cash, Beginning of Year 206,100,000 136,800,000
Cash, End of Period 119,800,000 352,200,000
Equity Method Limited Liability Investments    
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:    
Income (Loss) from Equity Method Investments 50,900,000 (5,600,000)
Alternative Energy Partnership Investments    
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:    
Income (Loss) from Equity Method Investments $ (46,900,000) $ 0