American financial group, inc. (AFG)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Operating Activities:
Net earnings (loss), including noncontrolling interests

239

869

643

703

702

517

718

526

463

477

699

801

719

668

410

363

449

370

365

390

324

406

446

453

447

453

307

420

427

402

510

407

353

319

304

322

392

426

0

0

0

Adjustments:
Depreciation and amortization

338

259

242

176

173

210

165

144

140

107

148

150

144

134

107

103

131

134

167

171

148

144

127

121

134

142

249

252

246

257

167

172

177

180

192

196

204

202

0

0

0

Annuity benefits

1,116

1,151

1,234

1,206

1,127

998

921

914

878

892

795

769

768

800

829

848

776

732

700

649

664

648

628

611

565

531

518

518

545

541

544

546

524

510

487

459

452

444

0

0

0

Realized (gains) losses on investing activities

-446

288

-14

40

12

-265

-23

-69

-87

23

73

86

93

61

-4

-16

18

-100

-80

-55

-94

58

116

157

191

230

230

415

381

367

350

115

121

74

58

93

85

92

0

0

0

Net sales of trading securities

2

-5

-7

28

51

111

128

69

75

17

11

25

11

79

92

100

85

10

-79

-81

-119

-109

-57

-55

-2

2

10

36

40

17

26

-46

-53

-45

-53

4

-1

-11

0

0

0

Deferred annuity and life policy acquisition costs

191

206

234

256

270

263

240

219

215

225

235

239

229

230

232

258

248

224

218

186

192

198

218

241

238

222

537

424

306

212

-229

-249

-248

-239

-225

-217

-201

-195

0

0

0

Change in:
Reinsurance and other receivables

79

112

-327

198

328

211

3,298

1,182

655

963

-180

-18

181

315

-514

-282

-296

-10

-208

-168

-175

-199

5

-200

-172

176

-2,170

376

847

-495

1,096

172

139

228

220

-140

-431

-555

0

0

0

Other assets

-275

406

-72

186

201

-96

185

-5

-97

-13

333

389

527

467

274

16

38

13

-19

116

55

87

79

162

129

149

165

142

46

51

-4

64

146

101

113

-2

-5

1

0

0

0

Insurance claims and reserves

663

703

393

601

597

425

456

778

980

1,321

1,109

687

616

533

756

636

667

451

573

512

571

587

312

428

171

-200

-364

468

694

918

1,062

-21

-37

134

129

-96

-327

-413

0

0

0

Payable to reinsurers

49

62

-65

34

69

9

26

40

40

109

71

93

120

43

111

77

7

-54

51

66

91

134

87

93

168

51

-55

-29

-42

0

5

94

64

155

205

17

-136

-150

0

0

0

Other liabilities

-331

516

-69

134

180

-140

328

69

-79

-18

35

221

295

265

287

-29

68

12

-16

27

-44

-63

27

198

135

280

37

44

-92

-180

36

-46

183

245

56

144

20

4

0

0

0

Managed investment entities’ assets/liabilities

-96

-23

-42

-7

-133

-148

-150

-270

-578

-60

30

152

711

279

372

282

220

190

7

60

-76

-2

119

28

4

98

57

96

300

21

-203

-160

-286

-212

0

0

0

-

-

-

-

Other operating activities, net

-89

-110

-95

-72

-75

-82

-38

-12

8

37

10

-4

2

-20

-12

-3

1

35

37

49

41

24

3

2

21

24

21

25

12

8

17

13

17

23

-27

-18

29

6

0

0

0

Net cash provided by operating activities

2,534

2,456

2,497

2,137

2,146

2,083

2,088

2,053

2,271

1,804

1,397

1,228

666

1,150

1,192

1,273

1,364

1,353

1,464

1,308

1,424

1,231

1,046

1,063

905

760

718

787

866

817

493

359

288

667

744

937

860

864

0

0

0

Investing Activities:
Purchases of fixed maturities

10,599

8,260

9,016

9,395

9,520

10,183

9,022

8,647

9,070

9,485

9,096

9,148

8,291

7,537

7,410

7,249

7,721

7,201

6,883

7,148

7,096

6,846

7,145

7,107

6,675

6,690

6,121

5,491

4,877

4,458

4,499

4,995

5,228

5,321

5,304

4,928

4,711

4,979

0

0

0

Purchases of equity securities

439

242

387

400

391

568

451

386

372

182

137

150

155

207

264

519

565

570

564

349

413

471

483

461

527

461

384

361

293

281

263

487

422

397

405

303

251

223

0

0

0

Purchases of mortgage loans

425

442

236

120

205

167

217

198

231

254

180

232

233

341

418

406

313

213

200

332

368

450

529

381

387

274

191

245

230

269

236

196

138

190

148

113

214

159

0

0

0

Purchases of equity index call options and other investments

1,016

991

936

994

998

973

932

917

845

831

842

794

780

738

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of real estate, property and equipment

43

44

53

56

67

80

123

123

121

109

58

53

42

49

74

96

101

102

78

59

52

47

43

34

38

52

53

57

55

71

65

81

110

86

94

77

56

74

0

0

0

Payments to Acquire Businesses, Gross

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

267

267

267

8

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities and redemptions of fixed maturities

4,755

4,567

4,843

5,012

5,018

4,948

4,931

5,103

5,556

6,105

6,292

5,925

5,384

4,713

4,018

3,718

3,437

3,333

3,162

3,067

2,942

2,988

3,132

3,389

3,343

3,236

3,001

2,725

2,423

2,262

2,136

1,861

1,898

1,974

2,062

2,217

2,163

2,081

0

0

0

Proceeds from repayments of mortgage loans

159

184

190

171

187

201

111

173

246

215

256

209

173

262

231

301

307

265

273

202

169

116

79

61

85

102

133

122

67

46

52

51

261

269

263

268

76

71

0

0

0

Proceeds from sales of fixed maturities

2,209

927

795

757

597

501

488

445

459

392

324

418

454

641

582

463

514

321

260

335

168

287

280

319

335

275

394

532

592

632

923

1,158

1,133

1,293

1,190

982

1,334

1,540

0

0

0

Proceeds from sales of equity securities

438

453

320

280

310

247

269

272

234

216

252

259

307

348

364

354

340

364

251

239

183

155

253

357

427

434

480

472

430

437

345

264

257

198

127

82

54

49

0

0

0

Proceeds from sales and settlements of equity index call options and other investments

940

771

681

766

754

883

912

875

823

789

746

666

489

319

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of real estate, property and equipment

4

4

3

4

4

3

4

3

31

55

64

65

74

55

66

68

99

117

99

103

36

14

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

4

0

0

0

Managed investment entities:
Purchases of investments

1,421

1,398

1,505

1,553

1,902

2,117

2,323

2,460

2,675

2,979

3,179

3,165

2,925

2,254

1,768

1,591

1,511

1,530

1,784

1,850

1,706

1,692

1,440

1,247

1,230

1,426

1,664

1,753

1,723

1,849

1,724

1,807

1,777

1,563

1,476

1,295

1,219

1,008

0

0

0

Proceeds from sales and redemptions of investments

1,406

1,409

1,544

1,615

1,843

1,948

1,916

2,071

2,194

2,774

2,852

2,857

2,658

1,890

1,551

1,187

996

855

949

1,043

1,124

1,417

1,542

1,502

1,768

1,904

1,943

1,966

1,661

1,857

1,650

1,743

1,765

1,391

1,530

1,331

1,208

1,018

0

0

0

Other investing activities, net

2

3

-27

-19

-15

-30

0

-6

-17

-2

-14

15

19

83

1

13

19

10

150

80

33

-33

-66

-66

-6

-8

-38

-7

-1

23

36

41

11

14

12

-126

13

-8

0

0

0

Net cash used in investing activities

-4,034

-3,065

-3,753

-3,917

-4,378

-5,350

-4,437

-3,783

-3,754

-3,292

-2,692

-3,158

-2,906

-2,981

-3,677

-4,276

-4,874

-4,573

-4,608

-4,772

-4,170

-3,628

-3,437

-2,693

-2,871

-2,915

-2,400

-1,791

-1,712

-1,425

-1,446

-2,524

-2,365

-2,439

-2,262

-1,739

-1,659

-1,705

0

0

0

Financing Activities:
Annuity receipts

4,975

4,960

5,528

5,829

5,879

5,632

4,834

4,332

4,199

4,341

4,543

4,608

4,440

4,585

4,626

5,006

5,107

4,485

4,304

3,792

3,542

3,696

4,106

4,464

4,576

4,233

3,414

2,968

2,814

2,993

3,289

3,458

3,457

3,326

3,089

2,915

2,567

2,282

0

0

0

Annuity surrenders, benefits and withdrawals

3,389

3,358

3,317

3,212

3,051

2,916

2,781

2,616

2,485

2,405

2,274

2,318

2,339

2,275

2,264

2,206

2,085

2,025

1,971

1,883

1,821

1,773

1,720

1,666

1,611

1,588

1,534

1,557

1,528

1,504

1,477

1,381

1,358

1,321

1,278

1,240

1,221

1,221

0

0

0

Net transfers from variable annuity assets

62

60

57

54

49

47

46

45

48

54

56

55

50

42

40

40

42

43

39

47

47

43

43

36

35

32

30

39

31

36

0

0

0

-

-

-

-

-

-

-

-

Additional long-term borrowings

194

315

121

121

121

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reductions of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

82

363

365

365

326

12

20

20

0

0

0

-

-

-

-

Issuances of managed investment entities’ liabilities

-

-

-

-

-

1,983

2,377

3,326

2,969

2,731

3,191

2,242

2,799

2,293

1,361

1,415

954

1,026

1,555

1,839

1,458

1,400

983

740

1,004

1,192

1,072

1,074

655

781

0

0

0

-

-

-

-

-

-

-

-

Retirements of managed investment entities’ liabilities

420

382

480

479

1,254

1,935

2,050

3,211

3,057

2,585

2,851

1,753

1,801

1,600

691

626

143

136

715

989

965

1,094

935

897

1,442

1,560

1,322

1,157

592

830

710

691

551

66

63

14

21

45

0

0

0

Issuances of Common Stock

39

36

36

31

26

33

33

31

36

37

31

42

37

35

48

47

55

61

59

57

55

47

44

47

44

54

64

55

53

46

47

45

42

39

24

37

36

32

0

0

0

Repurchases of Common Stock

0

-

-

-

0

-

-

-

-

-

-

-

-

133

137

146

171

126

177

225

198

191

127

44

91

70

170

332

362

415

367

290

287

315

354

319

301

292

0

0

0

Cash dividends paid on Common Stock

448

444

410

405

399

394

430

426

421

417

325

322

188

185

183

180

178

176

173

172

170

167

167

165

162

160

92

91

90

90

67

66

68

67

67

66

64

63

0

0

0

Proceeds from (Payments for) Other Financing Activities

-

-

-

-

-

-

-

-

-

-4

-14

-14

-11

-13

-7

-5

-5

-8

-10

-9

-9

-3

-1

-3

-3

-4

0

0

0

-

-

-

-

-14

28

16

8

0

0

0

0

Net cash provided by financing activities

1,173

1,408

1,940

2,344

2,573

2,444

2,009

1,333

1,252

1,719

2,005

2,589

2,899

2,718

3,230

3,335

3,529

3,097

2,728

2,564

2,082

2,101

2,370

2,475

2,313

2,089

1,387

752

953

989

1,588

2,059

2,000

1,997

1,369

1,420

1,128

820

0

0

0

Net Change in Cash and Cash Equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Change in Cash and Cash Equivalents

-

-

-

-

-

-823

-340

-397

-231

231

710

659

659

887

745

332

19

-123

-416

-900

-664

-296

-21

845

347

-66

-295

-252

107

381

635

-106

-77

225

-149

618

329

-21

0

0

0