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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 154 $ 86
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9 11
Realized gains on investments, net (41) (13)
Stock-based compensation 5 4
Interest credited to contract holders 11 9
Deferred income tax expense 9 6
Changes in:    
Investment income receivable (2) 3
Premiums and reinsurance receivable (82) (19)
Deferred policy acquisition costs (19) (14)
Other assets (2) (5)
Loss and loss expense reserves 10 8
Life policy reserves 13 15
Unearned premiums 83 47
Other liabilities (88) (10)
Current income tax receivable/payable (3) 20
Net cash provided by operating activities 57 148
CASH FLOWS FROM INVESTING ACTIVITIES    
Sale of fixed maturities 12 6
Call or maturity of fixed maturities 221 195
Sale of equity securities 98 99
Purchase of fixed maturities (325) (304)
Purchase of equity securities (108) (96)
Investment in buildings and equipment, net (1) (2)
Investment in finance receivables (8) (9)
Collection of finance receivables 7 9
Change in other invested assets, net 2 2
Net cash used in investing activities (102) (100)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payment of cash dividends to shareholders (65) (64)
Purchase of treasury shares 0 0
Increase in notes payable 0 0
Proceeds from stock options exercised 6 1
Contract holders' funds deposited 24 31
Contract holders' funds withdrawn (31) (28)
Excess tax benefits on stock-based compensation 8 1
Other (4) (3)
Net cash used in financing activities (62) (62)
Net change in cash and cash equivalents (107) (14)
Cash and cash equivalents at beginning of year 487 438
Cash and cash equivalents at end of period 380 424
Supplemental disclosures of cash flow information:    
Interest paid 0 0
Income taxes paid 54 0
Non-cash activities:    
Conversion of securities 43 3
Equipment acquired under capital lease obligations 12 6
Cashless exercise of stock options $ 9 $ 0