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Investment in Unconsolidated Affiliate
12 Months Ended
Dec. 31, 2012
Investment in Unconsolidated Affiliate

3. Investment in Unconsolidated Affiliate

The Company owns a 49% interest in StoneRiver Group, L.P. (“StoneRiver”) and reports its share of StoneRiver’s net income as income from investment in unconsolidated affiliate. The Company’s investment in StoneRiver was $78 million and $119 million at December 31, 2012 and 2011, respectively, and was reported within other long-term assets in the consolidated balance sheets. In 2012, 2011 and 2010, the Company received cash dividends from StoneRiver of $55 million, $54 million, and $61 million, respectively, which were recorded as reductions in the Company’s investment in StoneRiver. A portion of the dividends, $23 million in 2012, $12 million in 2011 and $40 million in 2010 represented a return on the Company’s investment and were reported in cash flows from operating activities. In 2010, in a non-cash transaction, the Company retired a $59 million obligation owed to StoneRiver in exchange for the retirement of loans receivable due from StoneRiver totaling $59 million. Also in 2010, the Company received loan repayments from StoneRiver totaling $28 million.