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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities    
Net Income $ 657.6 $ 804.1
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Change in Receivables 163.2 7.1
Increase (Decrease) in Deferred Policy Acquisition Costs 19.8 (36.1)
Change in Insurance Reserves and Liabilities 129.2 302.6
Change in Income Taxes 162.0 215.3
Change in Other Accrued Liabilities (1.5) (29.9)
Non-cash Components of Net Investment Income (111.3) (178.9)
Net Realized Investment Loss 105.8 32.4
Depreciation 85.6 82.6
Other, Net 68.4 57.6
Net Cash Provided by Operating Activities 1,278.8 1,256.8
Cash Flows from Investing Activities    
Proceeds from Sales of Fixed Maturity Securities 499.7 862.5
Proceeds from Maturities of Fixed Maturity Securities 1,594.2 1,392.3
Proceeds from Sales and Maturities of Other Investments 163.9 272.0
Purchases of Fixed Maturity Securities (2,229.5) (2,866.9)
Purchases of Other Investments (289.6) (354.9)
Net Purchases of Short-term Investments (769.8) (306.2)
Net Increase (Decrease) in Payables for Collateral on Investments 40.5 (97.5)
Net Purchases of Property and Equipment (99.5) (107.5)
Payments for (Proceeds from) Other Investing Activities 0.0 0.3
Net Cash Used by Investing Activities (1,090.1) (1,205.9)
Cash Flows from Financing Activities    
Repayments of Short-term Debt (400.0) 0.0
Proceeds from Issuance of Long-term Debt 494.1 841.9
Long-term Debt Repayment (45.0) (381.5)
Payment for Debt Extinguishment or Debt Prepayment Cost 0.0 (24.1)
Issuance of Common Stock 3.3 4.7
Repurchase of Common Stock 0.0 (297.2)
Dividends Paid to Stockholders (173.8) (170.3)
Other, Net (47.6) (41.4)
Net Cash Used by Financing Activities (169.0) (67.9)
Cash and Bank Deposits at Beginning of Year 84.1 94.0
Net Cash Provided by (Used in) Continuing Operations, Total 19.7 (17.0)
Cash and Bank Deposits at End of Period $ 103.8 $ 77.0