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Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2016
Supplemental Cash Flow Information [Abstract]  
Supplemental Cash Flow Information
Supplemental Cash Flow Information
Non-cash investing activities include $326 million, $131 million and $120 million related to mergers and exchanges completed with equity securities and modifications of certain mortgage loans, fixed income securities and other investments in 2016, 2015 and 2014, respectively, and a $89 million obligation to fund a limited partnership investment in 2015. Non-cash financing activities include $41 million, $74 million and $47 million related to the issuance of Allstate common shares for vested equity awards in 2016, 2015 and 2014, respectively. Non-cash financing activities also include $34 million related to debt acquired in conjunction with the purchase of an investment in 2016.
Liabilities for collateral received in conjunction with the Company’s securities lending program were $1.12 billion, $829 million and $780 million as of December 31, 2016, 2015 and 2014, respectively, and are reported in other liabilities and accrued expenses. Obligations to return cash collateral for over-the-counter (“OTC”) and cleared derivatives were $5 million, $11 million and $2 million as of December 31, 2016, 2015 and 2014, respectively, and are reported in other liabilities and accrued expenses or other investments. The accompanying cash flows are included in cash flows from operating activities in the Consolidated Statements of Cash Flows along with the activities resulting from management of the proceeds, which for the years ended December 31 are as follows:
($ in millions)
2016
 
2015
 
2014
Net change in proceeds managed
 
 
 
 
 
Net change in fixed income securities
$
(584
)
 
$

 
$

Net change in short-term investments
295

 
(59
)
 
(167
)
Operating cash flow used
(289
)
 
(59
)
 
(167
)
Net change in cash

 
1

 
9

Net change in proceeds managed
$
(289
)

$
(58
)

$
(158
)
 
 
 
 
 
 
Net change in liabilities
 
 
 
 
 
Liabilities for collateral, beginning of year
$
(840
)
 
$
(782
)
 
$
(624
)
Liabilities for collateral, end of year
(1,129
)
 
(840
)
 
(782
)
Operating cash flow provided
$
289


$
58


$
158