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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows from Operating Activities:      
Net income $ 546,045 $ 535,742 $ 372,996
Change in operating assets and liabilities:      
Accrued investment income (17,426) (18,363) (16,652)
Premiums receivable and other reinsurance balances (83,650) (111,451) (72,803)
Deferred policy acquisition costs (241,903) 61,828 55,143
Reinsurance ceded balances 143,505 (53,219) 18,676
Future policy benefits, other policy claims and benefits, and other reinsurance balances 970,685 1,580,458 907,732
Deferred income taxes 168,994 425,174 (98,891)
Other assets and other liabilities, net (104,423) (253,679) 337,707
Amortization of net investment premiums, discounts and other (172,688) (144,334) (134,524)
Investment related gains, net 36,056 (212,030) (34,148)
Gain on repurchase of long-term debt (65,565) 0 (38,875)
Excess tax benefits from share-based payment arrangement (4,933) 2,255 (2,605)
Other, net 134,835 30,359 70,480
Net cash provided by operating activities 1,309,532 1,842,740 1,364,236
Cash Flows from Investing Activities:      
Sales of fixed maturity securities available-for-sale 3,165,479 3,319,453 2,952,773
Maturities of fixed maturity securities available-for-sale 218,696 150,687 66,791
Purchases of fixed maturity securities available-for-sale (4,011,985) (4,854,416) (4,693,875)
Cash invested in mortgage loans (209,194) (132,801) (84,107)
Cash invested in policy loans (61,073) (95,163) (67,039)
Cash invested in funds withheld at interest (37,721) (103,578) (76,594)
Principal payments on mortgage loans on real estate 92,806 29,422 50,278
Principal payments on policy loans 29,091 3,309 27,188
Change in short-term investments and other invested assets (91,880) (37,395) (114,473)
Net cash used in investing activities (905,781) (1,720,482) (1,939,058)
Cash Flows from Financing Activities:      
Dividends to stockholders (44,229) (35,170) (26,212)
Proceeds From Issuance Of Long Term Debt 394,388 0 396,344
Net repayments under credit agreements 0 0 (22,539)
Purchases of treasury stock (380,345) (718) (1,607)
Excess tax benefits from share-based payment arrangement 4,933 (2,255) 2,605
Exercise of stock options, net 6,449 2,277 6,304
Change in cash collateral for derivative positions 231,180 26,324 (175,776)
Proceeds From Annuities And Investment Certificates 367,771 124,482 272,564
Repayments Of Annuities And Investment Certificates (142,469) (308,369) (216,724)
Proceeds from redemption and remarketing of trust preferred securities 154,588 0 0
Maturity of trust preferred securities 159,473 0 0
Repayments of Secured Debt 130,798 0 0
Maturities of Senior Debt 200,000 0  
Early Repayment of Subordinated Debt     39,960
Net cash used in financing activities 101,995 (193,429) 194,999
Effect of exchange rate changes on cash (6,537) 22,805 16,447
Change in cash and cash equivalents 499,209 (48,366) (363,376)
Cash and cash equivalents, beginning of period 463,661 512,027 875,403
Cash and cash equivalents, end of period 962,870 463,661 512,027
Supplementary information:      
Cash paid for interest 100,733 95,939 72,719
Cash paid for income taxes, net of refunds $ 129,009 $ 10,452 $ 25,573