XML 20 R9.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities    
Net Income $ 447.4 $ 437.2
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Change in Receivables 48.1 134.9
Change in Deferred Acquisition Costs (40.8) (27.3)
Change in Insurance Reserves and Liabilities 211.0 204.9
Change in Income Taxes 44.5 141.2
Change in Other Accrued Liabilities (37.6) (55.9)
Non-cash Components of Net Investment Income (190.5) (195.4)
Net Realized Investment Loss 15.2 14.5
Depreciation 50.6 48.6
Other, Net 13.5 23.7
Net Cash Provided by Operating Activities 561.4 726.4
Cash Flows from Investing Activities    
Proceeds from Sales of Fixed Maturity Securities 674.7 266.3
Proceeds from Maturities of Fixed Maturity Securities 917.2 1,164.4
Proceeds from Sales and Maturities of Other Investments 166.7 153.8
Purchases of Fixed Maturity Securities (1,741.1) (2,239.2)
Purchases of Other Investments (259.0) (194.7)
Net Sales (Purchases) of Short-term Investments (604.2) 213.7
Net Increase in Payables for Collateral on Investments 34.8 336.1
Net Purchases of Property and Equipment (41.6) (53.1)
Net Cash Used by Investing Activities (852.5) (352.7)
Cash Flows from Financing Activities    
Issuance of Long-term Debt 609.1 0.0
Long-term Debt Repayments (24.0) (48.4)
Issuance of Common Stock 2.7 2.2
Repurchase of Common Stock (208.9) (211.2)
Dividends Paid to Stockholders (89.4) (83.5)
Other, Net (17.5) (12.7)
Net Cash Provided (Used) by Financing Activities 272.0 (353.6)
Net Increase (Decrease) in Cash and Bank Deposits (19.1) 20.1
Cash and Bank Deposits at Beginning of Year 112.9 102.5
Cash and Bank Deposits at End of Period $ 93.8 $ 122.6