XML 104 R122.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Financial Information of Registrant Parent Company Only Statements Of Cash Flows (Detail) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows From Operating Activities      
Net income $ 55.9 $ 36.7 $ 151.2
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Net realized investment gains (22.8) (16.2) (29.3)
Deferred income tax expense (benefit) (35.5) (9.2) 50.1
Change in expenses and taxes payable 87.6 48.2 (85.0)
Net cash provided by (used in) operating activities 408.2 221.7 83.6
Cash Flows From Investing Activities      
Proceeds from disposals and maturities of fixed maturities 1,684.8 1,624.2 1,376.2
Purchase of fixed maturities (2,170.4) (1,688.0) (1,401.5)
Net cash used for business acquisitions   287.7 (13.3)
Net cash provided by (used in) investing activities (562.8) 182.8 (98.8)
Cash flow from financing activities      
Proceeds from debt borrowings 7.4 325.4 207.5
Repurchases of debt (73.1) (86.8) (38.5)
Dividends paid to shareholders (55.1) (50.9) (47.2)
Repurchase of common stock (20.0) (21.7) (134.7)
Proceeds from exercise of employee stock options 2.6 3.9 12.0
Other financing activities (0.4) (0.5)  
Net cash provided by (used in) financing activities (133.4) 127.3 (8.6)
Net change in cash and cash equivalents (255.9) 527.9 (23.8)
Cash and cash equivalents, beginning of year 820.4 290.4 316.5
Cash and cash equivalents, end of year 564.8 820.4 290.4
The Hanover Insurance Group, Inc
     
Cash Flows From Operating Activities      
Net income 55.9 36.7 151.2
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Gain on disposal of discontinued operations (0.7) (5.2) (1.8)
Equity in net income of unconsolidated subsidiaries (24.9) (54.7) (160.2)
Net realized investment gains (2.5) (8.7) (0.3)
Loss on derivative instruments   11.3  
Deferred income tax expense (benefit) 3.9 (3.4) 104.3
Change in expenses and taxes payable 6.2 (11.7) (8.2)
Change in net payable from subsidiaries 9.3 (0.5) 8.7
Other, net 2.7 6.5 0.7
Net cash provided by (used in) operating activities 49.9 (29.7) 94.4
Cash Flows From Investing Activities      
Proceeds from disposals and maturities of fixed maturities 44.2 436.3 177.3
Purchase of fixed maturities (2.2) (148.7) (167.4)
Net cash used for business acquisitions (3.4) (468.4) (29.5)
Other investing activities   (1.9) (1.0)
Net cash provided by (used in) investing activities 38.6 (182.7) (20.6)
Cash flow from financing activities      
Proceeds from debt borrowings   296.0 198.0
Repurchases of debt (0.7) (72.1) (38.5)
Dividends paid to shareholders (55.1) (50.9) (47.2)
Repurchase of common stock (20.0) (21.7) (134.7)
Proceeds from exercise of employee stock options 2.6 3.9 12.0
Other financing activities (0.4) (0.5)  
Net cash provided by (used in) financing activities (73.6) 154.7 (10.4)
Net change in cash and cash equivalents 14.9 (57.7) 63.4
Cash and cash equivalents, beginning of year 8.9 66.6 3.2
Cash and cash equivalents, end of year $ 23.8 $ 8.9 $ 66.6