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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows From Operating Activities    
Net Income $ 175 $ 264
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 25 20
Realized gains on investments, net (36) (55)
Stock-based compensation 10 10
Interest credited to contract holders 23 22
Deferred income tax expense 13 10
Changes in:    
Investment income receivable 5 (1)
Premiums and reinsurance receivable (95) (103)
Deferred policy acquisition costs (19) (39)
Other assets (5) (10)
Loss and loss expense reserves 133 54
Life policy reserves 76 33
Unearned premiums 134 155
Other liabilities (72) (39)
Current income tax receivable (16) (70)
Net cash provided by operating activities 351 251
Cash Flows From Investing Activities    
Sale of fixed maturities 24 14
Call or maturity of fixed maturities 481 459
Sale of equity securities 82 157
Purchase of fixed maturities (584) (666)
Purchase of equity securities (104) (190)
Investment in finance receivables (9) (18)
Collection of finance receivables 15 14
Investment in buildings and equipment, net (5) (3)
Change in other invested assets, net 3 3
Net cash used in investing activities (97) (230)
Cash Flows From Financing Activities    
Payment of cash dividends to shareholders (138) (130)
Purchase of treasury shares 7 0
Decrease in notes payable (55) 0
Proceeds from stock options exercised 11 12
Contract holders' funds deposited 45 45
Contract holders' funds withdrawn (75) (55)
Excess tax benefits on stock-based compensation 2 9
Other (8) (7)
Net cash used in financing activities (225) (126)
Net change in cash and cash equivalents 29 (105)
Cash and cash equivalents at beginning of year 433 487
Cash and cash equivalents at end of period 462 382
Supplemental disclosures of cash flow information:    
Interest paid 26 27
Income taxes paid 52 158
Non-cash activities:    
Conversion of securities 7 54
Equipment acquired under capital lease obligations 7 17
Cashless exercise of stock options $ 8 $ 15