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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities:    
Net income $ 100,230 $ 145,512
Change in operating assets and liabilities:    
Accrued investment income (10,484) (10,501)
Premiums receivable and other reinsurance balances (275,354) (54,845)
Deferred policy acquisition costs 13,007 58,962
Reinsurance ceded receivable balances (21,872) (81,046)
Future policy benefits, other policy claims and benefits, and other reinsurance balances 466,983 396,459
Deferred income taxes 33,715 50,110
Other assets and other liabilities, net (41,385) (11,101)
Amortization of net investment premiums, discounts and other (31,032) (23,471)
Depreciation, Depletion and Amortization 10,294 6,845
Investment related (gains) losses, net 470 (60,523)
Other, net (20,823) 964
Net cash provided by operating activities 223,749 417,365
Cash Flows from Investing Activities:    
Sales of fixed maturity securities available-for-sale 1,898,722 1,563,956
Maturities of fixed maturity securities available-for-sale 195,549 201,515
Proceeds from Sale of Available-for-sale Securities, Equity 29,683 152,509
Payments to Acquire Mortgage Notes Receivable (102,002) (88,835)
Payments to Fund Policy Loans (10,694) (24,663)
Payments to Acquire Available-for-sale Securities 1,969,899 1,933,120
Payments to Acquire Available-for-sale Securities, Equity (2,173) (14,646)
Proceeds from Sale and Collection of Mortgage Notes Receivable (141,131) (184,575)
Increase (Decrease) in Funds Held under Reinsurance Agreements (19,638) 2,753
Payments to Acquire Businesses, Net of Cash Acquired 24,864 0
Payments to Acquire Property, Plant, and Equipment (5,292) (16,893)
Change in short-term investments (13,026) 23,668
Change in other invested assets (23,353) (14,126)
Net cash provided by (used in) investing activities 76,550 (110,967)
Cash Flows from Financing Activities:    
Dividends to stockholders (32,241) (26,381)
Proceeds from (Repayments of) Secured Debt (27,104) (16,908)
Repayments of Long-term Debt (662) (300,636)
Purchases of treasury stock (2,616) (3,067)
Exercise of stock options, net 1,163 1,719
Change in cash collateral for derivative positions and other arrangements 19,537 (3,628)
Deposits on universal life and other investment type policies and contracts 83,004 202,850
Withdrawals on universal life and other investment type policies and contracts (156,486) (201,784)
Net cash used in financing activities (115,405) (347,835)
Effect of exchange rate changes on cash 21,989 18,833
Change in cash and cash equivalents 206,883 (22,604)
Cash and cash equivalents, beginning of period 1,303,524 1,200,718
Cash and cash equivalents, end of period 1,510,407 1,178,114
Supplemental disclosures of cash flow information:    
Noncash or Part Noncash Acquisition, Value of Assets Acquired 59,184 0
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed 34,320 0
Interest Paid, Net 39,284 46,401
Income Taxes Paid, Net 6,356 12,132
Payments to Acquire Businesses, Gross (24,864)  
Transfer to Investments $ 605,085 $ 1,653