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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities      
Net income (loss) $ 2,324.5 $ 1,361.8 $ 1,253.2
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Net realized capital (gains) losses (524.2) (171.1) 51.1
Depreciation and amortization expense 195.7 186.6 193.0
Amortization of deferred acquisition costs 234.6 285.1 270.8
Additions to deferred acquisition costs (421.8) (402.3) (390.3)
Stock-based compensation 82.7 84.4 84.5
(Income) loss from equity method investments, net of dividends received (68.2) (0.6) 97.8
Changes in:      
Accrued investment income (30.0) (35.0) (39.7)
Net cash flows for trading securities (332.2) 166.5 (201.9)
Premiums due and other receivables (114.2) 98.7 (211.5)
Contractholder and policyholder liabilities and dividends 3,296.8 2,140.3 3,283.6
Current and deferred income taxes (benefits) (164.4) 45.8 (66.5)
Real estate acquired through operating activities (82.6) (58.2) (44.1)
Real estate sold through operating activities 1.4 229.0 53.7
Other assets and liabilities (227.1) (1.1) 145.7
Other 17.0 (72.1) (102.3)
Net adjustments 1,863.5 2,496.0 3,123.9
Net cash provided by (used in) operating activities 4,188.0 3,857.8 4,377.1
Investing activities      
Available-for-sale securities: Purchases (13,371.6) (13,763.8) (9,920.3)
Available-for-sale securities: Sales 1,413.6 1,890.5 1,563.0
Available-for-sale securities: Maturities 8,743.2 7,742.8 6,625.9
Mortgage loans acquired or originated (2,755.8) (2,889.0) (2,275.1)
Mortgage loans sold or repaid 1,872.0 2,068.7 1,687.3
Real estate acquired (200.5) (109.7) (322.0)
Real estate sold 481.9 35.5 208.9
Net (purchases) sales of property and equipment (164.8) (154.9) (136.4)
Purchase of interests in subsidiaries, net of cash acquired     (291.2)
Net change in other investments (70.8) 26.0 (307.7)
Net cash provided by (used in) investing activities (4,052.8) (5,153.9) (3,167.6)
Financing activities      
Issuance of common stock 162.5 37.8 76.1
Acquisition of treasury stock (220.4) (277.3) (300.6)
Proceeds from financing element derivatives 0.1 0.4 0.3
Payments for financing element derivatives (77.6) (87.7) (82.0)
Excess tax benefits from share-based payment arrangements   12.0 15.7
Purchase of subsidiary shares from noncontrolling interest (13.3) (2.4) (22.5)
Dividends to common stockholders (540.0) (464.9) (441.0)
Dividends to preferred stockholders     (16.5)
Preferred stock redemption     (550.0)
Issuance of long-term debt 2.8 656.1 804.9
Principal repayments of long-term debt (56.5) (799.3) (52.6)
Net proceeds from (repayments of) short-term borrowings (15.5) (131.4) 157.0
Investment contract deposits 10,154.4 10,770.9 6,492.3
Investment contract withdrawals (9,914.6) (8,392.7) (6,666.8)
Net increase (decrease) in banking operation deposits 136.6 129.0 91.1
Other (2.5) 0.4 (14.0)
Net cash provided by (used in) financing activities (384.0) 1,450.9 (508.6)
Net increase (decrease) in cash and cash equivalents (248.8) 154.8 700.9
Cash and cash equivalents at beginning of period 2,719.6 2,564.8 1,863.9
Cash and cash equivalents at end of period 2,470.8 2,719.6 2,564.8
Supplemental information:      
Cash paid for interest 148.6 162.0 149.6
Cash paid for income taxes 79.3 178.8 $ 129.6
Supplemental disclosure of non-cash activities:      
Assets received in kind for pension risk transfer transactions   $ 594.3  
Asset and liability changes resulting from exchange agreement to exit real estate joint ventures:      
Real estate properties received 743.2    
Long-term debt assumed on real estate properties received 269.0    
Increase in other investments due to discontinuing equity method accounting $ 222.4