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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 110.9 $ (12.9)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Net realized investment gains (3.8) (13.4)
Net amortization and depreciation 26.0 12.3
Net gain on sale of Citizens Management, Inc. (10.8)  
Stock-based compensation expense 9.8 9.7
Amortization of deferred benefit plan costs 7.0 7.7
Deferred income taxes 21.9 13.8
Change in deferred acquisition costs (42.6) 17.6
Change in accrued interest income (2.9) (30.7)
Change in premiums receivable, net of reinsurance premiums payable (87.5) 41.1
Change in loss, loss adjustment expense and unearned premium reserves 442.1 254.6
Change in reinsurance recoverable (181.3) (53.7)
Change in expenses and taxes payable (23.8) 62.7
Other, net (60.4) (22.5)
Net cash provided by operating activities 204.6 286.3
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from disposals and maturities of fixed maturities 1,267.4 1,138.2
Proceeds from disposals of equity securities and other investments 21.7 17.7
Purchases of fixed maturities (1,601.1) (1,122.5)
Purchases of equity securities and other investments (206.1) (58.6)
Proceeds from disposal of Citizens Management, Inc., net of cash transferred 5.2  
Cash used for business acquisitions, net of cash acquired   268.4
Capital expenditures (11.2) (9.8)
Net payments related to derivative agreements (4.4) (2.2)
Net cash provided by (used in) investing activities (528.5) 231.2
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of employee stock options 1.9 3.9
Proceeds from debt borrowings 7.4 314.4
Decrease in cash collateral related to securities lending program (6.6) (32.6)
Dividends paid to shareholders (40.3) (37.5)
Repurchases of debt (0.8) (86.8)
Repurchases of common stock (20.0) (20.0)
Other financing activities (0.2) (0.6)
Net cash provided by (used in) financing activities (58.6) 140.8
Effect of exchange rate changes on cash 24.0 (28.4)
Net change in cash and cash equivalents (358.5) 629.9
Net change in cash related to discontinued operations 0.1 2.4
Cash and cash equivalents, beginning of period 820.4 290.4
Cash and cash equivalents, end of period $ 462.0 $ 922.7