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Cash Flow Statement As-Reported

As-reported financial charting
 2012 Y2013 Y2014 Y2015 Y2016 Q3 YTD
Source Document12/31/201412/31/201512/31/201512/31/20159/30/2016
(in thousands)     
Cash flows - operating activities 
Premiums collected 662,729688,355707,275723,705557,816
Policyholder benefits paid (484,144)(476,103)(486,295)(534,359)(422,184)
Policy acquisition and other operating expenses paid (230,072)(251,293)(262,765)(267,854)(207,825)
Federal income taxes paid (14,444)(33,672)(29,195)(24,861)(18,156)
Investment income collected 303,385311,712324,252330,034259,373
Interest expense paid (13,948)(13,825)(13,902)(13,521)(6,072)
Contribution to defined benefit pension plan trust fund (2,534)NANANANA
Other (18,124)(19,238)(17,437)(6,101)(1,437)
Net cash provided by operating activities 202,848205,936221,933207,043161,515
Cash flows - investing activities 
Fixed maturities 
Purchases (1,448,219)(1,212,937)(1,309,267)(1,490,376)(1,097,880)
Sales 576,708298,045261,696445,100351,739
Maturities, paydowns, calls and redemptions 585,615504,921451,074683,335634,686
Purchase of other invested assets (50,000)(35,000)(16,041)(38,018)(42,578)
Net cash provided by (used in) short-term and other investments (18,902)(153,355)47,023(15,890)(75,665)
Net cash used in investing activities (354,798)(598,326)(565,515)(415,849)(229,698)
Cash flows - financing activities 
Dividends paid to shareholders (22,541)(32,550)(39,237)(42,523)(33,241)
Proceeds from issuance of Senior Notes due 2025 NA00246,937NA
Redemption of Senior Notes due 2016 NA00(127,292)NA
Principal borrowings on Bank Credit Facility NA00(38,000)0
Maturity of Senior Notes due 2015 NA00(75,000)0
Acquisition of treasury stock (15,735)(3,889)(5,411)(21,950)(21,513)
Exercise of stock options 5,42119,3368,2521,6292,361
Annuity contracts 
variable, fixed and FHLB funding agreements 
Deposits 417,600673,057730,632623,021391,944
Benefits, withdrawals and net transfers to Separate Account (variable annuity) assets (220,803)(278,350)(326,374)(354,735)(240,489)
Life policy accounts 
Deposits 1,8811,6361,0931,4552,957
Withdrawals and surrenders (5,161)(4,734)(4,883)(3,985)(3,151)
Cash received (paid) related to repurchase agreements 025,848(25,848)0NA
Change in bank overdrafts (983)(4,956)(1,156)3,0837,422
Net cash provided by financing activities 159,679395,398337,068212,640106,290
Net increase in cash 7,7293,008(6,514)3,83438,107
Cash at beginning of period 7,45215,18118,18911,67515,509
Cash at end of period 15,18118,18911,67515,50953,616

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.

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