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Condensed Financial Statements Of Parent Company Condensed Statements Of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities      
Net Income (Loss) $ 1,843 $ (487) $ 2,968
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and other 112 127 118
Investment gains and losses, net (1,108) 1,493 (2,353)
Changes in:      
Current income tax receivable/payable 42 (40) (25)
Other assets (30) 28 (11)
Net cash provided by operating activities 2,052 2,052 1,981
Cash Flows From Investing Activities      
Sale, call or maturity of fixed maturities 1,136 1,113 1,461
Sale of equity securities 206 430 136
Purchase of fixed maturities (2,554) (1,901) (2,388)
Purchase of equity securities (220) (466) (313)
Investment in buildings and equipment (18) (15) (15)
Change in other invested assets, net (143) (101) 64
Net cash (used in) received from investing activities (1,608) (933) (1,057)
Cash Flows From Financing Activities      
Payment of cash dividends to shareholders (454) (423) (395)
Shares acquired - share repurchase authorization (67) (410) (144)
Proceeds from stock options exercised 9 10 13
Other (129) (93) (98)
Net cash used in financing activities (801) (994) (685)
Net change in cash and cash equivalents (357) 125 239
Cincinnati Financial Corporation      
Cash Flows From Operating Activities      
Net Income (Loss) 1,843 (487) 2,968
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and other 10 9 10
Investment gains and losses, net (644) 792 (1,034)
Dividends from subsidiaries 426 729 598
Changes in:      
Increase in equity of subsidiaries (1,299) (112) (2,106)
Current federal income taxes 1 (6) 6
Current income tax receivable/payable 144 (183) 220
Other assets (12) (7) 5
Other liabilities 3 1 0
Intercompany receivable for operations 95 28 5
Net cash provided by operating activities 567 764 672
Cash Flows From Investing Activities      
Sale, call or maturity of fixed maturities 17 1 22
Sale of equity securities 138 192 25
Purchase of fixed maturities (119) (30) (19)
Purchase of equity securities (65) (187) (82)
Investment in buildings and equipment (10) (4) (6)
Change in other invested assets, net 0 (4) 108
Net cash (used in) received from investing activities (39) (32) 48
Cash Flows From Financing Activities      
Payment of cash dividends to shareholders (454) (423) (395)
Shares acquired - share repurchase authorization (67) (410) (144)
Proceeds from stock options exercised 9 10 13
Other 1 1 1
Net cash used in financing activities (511) (822) (525)
Net change in cash and cash equivalents 17 (90) 195
Cash and cash equivalents at beginning of year 121 211 16
Cash and cash equivalents at end of year $ 138 $ 121 $ 211