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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net income $ 2.9 $ 40.9
Adjustments to reconcile net income to cash provided by (used in) operating activities    
Provision for doubtful accounts receivable 0.4 0.8
Share-based compensation expense 3.8 4.8
Depreciation and amortization 19.0 22.0
Amortization of deferred financing costs and debt discount 6.2 4.7
Amortization of (discount) premium on investments 3.9 2.4
Gain on embedded derivative (5.6) 0.0
Gain on sale or disposal of assets (0.8) (2.4)
Gain on sale or disposal of a subsidiary 0.0 (102.1)
Income from equity investees (1.2) (5.5)
Net realized and unrealized gains on investments (3.5) (3.0)
Receipt of dividends from equity investees 7.6 3.1
Annuity benefits 2.9 4.2
Other operating activities 2.9 1.9
Changes in assets and liabilities, net of acquisitions    
Accounts receivable 41.5 (23.1)
Recoverable from reinsurers 0.2 (4.9)
Other assets (5.1) (21.4)
Life, accident and health reserves 12.9 34.1
Accounts payable and other current liabilities (28.4) (9.7)
Other liabilities (22.8) 12.0
Cash provided by (used in) operating activities 36.8 (41.2)
Cash flows from investing activities    
Purchase of property, plant and equipment (19.2) (20.2)
Disposal of property, plant and equipment 3.7 3.5
Purchase of investments (575.3) (207.5)
Sale of investments 449.3 155.5
Maturities and redemptions of investments 37.2 40.0
Cash received from dispositions, net 0.0 93.3
Cash paid on acquisitions (53.5) (46.0)
Other investing activities 3.2 (2.2)
Cash (used in) provided by investing activities (154.6) 16.4
Cash flows from financing activities    
Proceeds from debt obligations 84.9 180.3
Principal payments on debt obligations (10.3) (110.7)
Cash received by subsidiary to issue preferred stock 8.9 0.0
Cash paid by subsidiary to purchase HC2 preferred stock (8.3) 0.0
Annuity receipts 1.1 1.3
Annuity surrenders (9.5) (11.2)
Transactions with noncontrolling interests 5.5 (14.9)
Payment of dividends (1.7) (1.0)
Other financing activities (1.6) (0.7)
Cash provided by financing activities 69.0 43.1
Effects of exchange rate changes on cash, cash equivalents and restricted cash 0.3 (0.3)
Net change in cash, cash equivalents and restricted cash (48.5) 18.0
Cash, cash equivalents and restricted cash, beginning of period 330.4 98.9
Cash, cash equivalents and restricted cash, end of period 281.9 116.9
Supplemental cash flow information:    
Cash paid for interest 38.7 33.9
Cash paid for taxes (net of refunds) 3.7 11.5
Non-cash investing and financing activities:    
Property, plant and equipment included in accounts payable 6.3 1.2
Investments included in accounts payable 31.6 0.8
Investments included in accounts receivable $ 9.7 $ 0.0