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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities    
Net income (loss) $ 285.0 $ 452.1
Net cash provided by (used in) operating activities 1,589.1 1,176.4
Investing activities    
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases (3,190.1) (2,886.7)
Fixed maturities available-for-sale and equity securities with intent to hold: Sales 582.4 342.6
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities 1,984.1 1,548.9
Mortgage loans acquired or originated (827.3) (625.1)
Mortgage loans sold or repaid 581.6 382.4
Real estate acquired (39.6) (10.5)
Net purchases of property and equipment (18.0) (29.4)
Net change in other investments 14.2 (213.3)
Net cash provided by (used in) investing activities (912.7) (1,491.1)
Financing activities    
Issuance of common stock 9.0 5.8
Acquisition of treasury stock (231.8) (153.6)
Payments for financing element derivatives (7.1) (6.5)
Purchase of subsidiary shares from noncontrolling interest (0.9)  
Dividends to common stockholders (153.6) (150.2)
Issuance of long-term debt   6.7
Principal repayments of long-term debt (64.5) (0.3)
Net proceeds from (repayments of) short-term borrowings 24.6 0.1
Investment contract deposits 2,725.7 1,872.2
Investment contract withdrawals (2,255.6) (1,947.4)
Net increase (decrease) in banking operation deposits 244.5 (35.4)
Other 0.1 5.5
Net cash provided by (used in) financing activities 290.4 (403.1)
Net increase (decrease) in cash and cash equivalents 966.8 (717.8)
Cash and cash equivalents at beginning of period 2,515.9 2,977.5
Cash and cash equivalents at end of period 3,482.7 2,259.7
Supplemental disclosure of non-cash activities:    
Lease assets established upon adoption of accounting guidance   168.8
Lease liabilities established upon adoption of accounting guidance   $ 164.0
Assets received in kind from pension risk transfer transactions $ 909.6