XML 104 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Dec. 30, 2012
Jan. 01, 2012
Cash flows from operating activities:    
Net income $ 68.1 $ 45.5
Adjustments to reconcile net income to operating cash flows:    
Depreciation of properties 11.6 10.0
Amortization of intangibles 86.6 56.7
Stock-based compensation 6.5 4.5
Amortization of debt issuance costs 2.6 2.4
Amortization of debt discount 0.2 0.3
Write-off of debt issuance costs on retired debt 15.5  
Write-off of debt discount on retired debt 3.0  
Deferred income taxes 129.7 41.2
Cost of trading securities acquired for resale   (348.5)
Proceeds from trading securities sold   415.9
Interest credited/index credits to contractholder account balances 55.9 137.9
Amortization of fixed maturity discounts and premiums 13.2 24.5
Net recognized gains on investments and derivatives (207.8) (133.9)
Charges assessed to contractholders for mortality and administration (6.8) (3.1)
Deferred policy acquisition costs (35.7) (39.8)
Cash transferred to reinsurer   (176.8)
Non-cash increase to cost of goods sold due to the sale of HHI Business acquisition inventory 5.2  
Non-cash restructuring and related charges 4.9 0.6
Changes in operating assets and liabilities: (328.2) (41.9)
Net change in cash due to operating activities (175.5) (4.5)
Proceeds from investments sold, matured or repaid    
Available-for-sale 2,913.4 1,605.9
Held-to-maturity   70.9
Trading (acquired for holding) 91.0 21.4
Derivatives and other 50.3 41.5
Cost of investments acquired    
Available-for-sale (3,395.1) (536.6)
Held-to-maturity   (30.0)
Trading (acquired for holding)   (54.1)
Derivatives and other (45.3) (33.8)
Acquisitions, net of cash acquired (1,295.9) (183.1)
Asset-backed loans originated, net (26.2)  
Capital expenditures (10.7) (10.9)
Other investing activities, net (100.0) (0.1)
Net change in cash due to investing activities (1,818.5) 891.1
Cash flows from financing activities:    
Proceeds from issuance of new debt 2,585.0 218.4
Repayment of debt, including tender and call premiums (917.1) (97.2)
Revolving credit facility activity 32.0 11.4
Debt issuance costs (62.8) (4.0)
Purchases of subsidiary stock, net (16.0) (12.8)
Contractholder account deposits 491.5 611.3
Contractholder account withdrawals (475.6) (540.8)
Dividend paid by subsidiary to noncontrolling interest (1.0)  
Dividends paid on preferred stock (8.3) (7.1)
Net change in cash due to financing activities 1,627.7 179.2
Effect of exchange rate changes on cash and cash equivalents (0.7) 1.6
Net (decrease) increase in cash and cash equivalents (367.0) 1,067.4
Cash and cash equivalents at beginning of period 1,470.7 1,137.4
Cash and cash equivalents at end of period $ 1,103.7 $ 2,204.8