Excel downloadEmail pagePDF viewPrint viewEmail AlertRSS FeedsSocial media sharingMobile IR Site

Contact Us

Cash Flow Statement As-Reported

As-reported financial charting
 2013 Y2014 Y2015 Y2016 Y2017 Q1 YTD
Source Document12/31/201512/31/201612/31/201612/31/20163/31/2017
(in thousands)     
Cash flows - operating activities 
Premiums collected 688,355707,275723,705710,646172,588
Policyholder benefits paid (476,103)(486,295)(534,359)(511,017)(127,823)
Policy acquisition and other operating expenses paid (251,293)(262,765)(267,854)(277,076)(74,763)
Federal income taxes paid (33,672)(29,195)(24,861)(27,847)NA
Federal income taxes recovered NANANANA11
Investment income collected 311,712324,252330,034344,77891,840
Interest expense paid (13,825)(13,902)(13,521)(11,754)(63)
Other (19,238)(17,437)(6,101)(20,312)11,008
Net cash provided by operating activities 205,936221,933207,043207,41872,798
Cash flows - investing activities 
Fixed maturities 
Purchases (1,212,937)(1,309,267)(1,490,376)(1,566,047)(318,629)
Sales 298,045261,696445,100429,251110,872
Maturities, paydowns, calls and redemptions 504,921451,074683,335799,653190,068
Purchase of other invested assets (35,000)(16,041)(38,018)(83,588)(24,177)
Net cash provided by (used in) short-term and other investments (153,355)47,023(15,890)95,371(42,419)
Net cash used in investing activities (598,326)(565,515)(415,849)(325,360)(84,285)
Cash flows - financing activities 
Dividends paid to shareholders (32,550)(39,237)(42,523)(44,310)(11,518)
Proceeds from issuance of Senior Notes due 2025 00246,9370NA
Redemption of Senior Notes due 2016 00(127,292)0NA
Maturity of Senior Notes due 2015 00(75,000)0NA
Principal repayment on Bank Credit Facility 00(38,000)0NA
Acquisition of treasury stock (3,889)(5,411)(21,950)(21,513)0
Proceeds from exercise of stock options 19,3368,2521,6293,329723
Withholding tax payments on RSUs tendered NANANANA(2,532)
Annuity contracts - variable, fixed and FHLB funding agreements 
Deposits 673,057730,632623,021520,211117,311
Benefits, withdrawals and net transfers to 
Separate Account (variable annuity) assets (278,350)(326,374)(354,735)(349,915)(99,757)
Life policy accounts 
Deposits 1,6361,0931,4554,0181,183
Withdrawals and surrenders (4,734)(4,883)(3,985)(3,965)(1,066)
Cash received (paid) related to repurchase agreements 25,848(25,848)00NA
Change in bank overdrafts (4,956)(1,156)3,08311,248(2,934)
Net cash provided by financing activities 395,398337,068212,640119,1031,410
Net (decrease) increase in cash 3,008(6,514)3,8341,161(10,077)
Cash at beginning of period 15,18118,18911,67515,50916,670
Cash at end of period 18,18911,67515,50916,6706,593

Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

Copyright 2017, © S&P Global Market Intelligence  Terms of Use