ASSURED GUARANTY LTD AGO Cash Flow

Assured guaranty ltd (AGO)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Adjustments to reconcile net income to net cash flows provided by operating activities:
Net cash flows provided by (used in) operating activities
-341	-509	-255	-180	103	462	431	679	358	433	411	113	60	-132	-221	-223	-184	-71	191	460	499	577	445	344	359	244	204	-205	-254	-165	-148	206	873	676	834	978	217	129	0	0	0
Investing activities
Fixed-maturity securities:
Purchases
955	873	1,091	1,505	1,666	1,881	2,415	2,288	2,446	2,552	2,233	2,279	1,867	1,646	1,761	1,915	2,425	2,577	2,614	2,616	2,732	2,801	2,354	2,256	1,893	1,886	1,890	1,712	1,776	1,649	1,842	1,882	2,179	2,308	2,321	2,645	2,555	2,462	0	0	0
Proceeds from Sale of Debt Securities, Available-for-sale
1,420	1,805	1,578	1,502	1,242	1,180	1,481	1,515	1,787	1,701	1,616	1,404	1,526	1,365	1,265	1,465	1,428	2,107	2,019	2,188	1,937	1,251	1,168	841	1,001	1,029	1,041	1,018	906	912	941	947	996	1,107	1,077	969	1,176	1,064	0	0	0
Maturities and paydowns
821	781	880	935	914	962	878	892	781	821	983	972	1,119	1,155	1,124	1,132	1,044	898	955	891	884	877	797	834	748	883	990	1,036	1,135	1,105	918	852	732	663	767	831	912	994	0	0	0
Short-term investments with maturities of over three months:
Short-term investments with maturities of over three months:
Purchases
178	229	311	331	303	243	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
4	2	24	24	25	23	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities and paydowns
261	316	277	277	229	207	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales (purchases) of short-term investments with original maturities of less than three months
-973	-623	240	17	-223	-84	-124	344	162	36	419	-111	24	99	-226	-325	-414	-897	-820	-591	-394	-158	42	12	-9	87	209	-11	-260	-29	-420	-261	65	-320	-63	-314	-635	-613	0	0	0
Net proceeds from paydowns on financial guaranty variable interest entities’ assets
150	139	145	106	109	116	120	126	134	147	156	154	609	629	876	886	436	400	176	163	152	408	456	538	811	663	691	702	545	545	569	619	735	760	698	630	525	424	0	0	0
Proceeds from sales of other invested assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of MBIA UK Insurance Limited, net of cash acquired
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
12	3	-10	-50	-13	1	-41	89	6	5	24	-71	24	9	2	-30	-68	-69	-61	-15	5	-11	-7	-35	-43	-79	-88	-87	-94	-92	-90	-82	-67	-19	-18	-20	-19	-20	0	0	0
Net cash flows provided by (used in) investing activities
1,066	1,169	1,173	942	663	297	307	-30	260	345	375	209	1,115	1,076	1,293	1,923	165	994	617	432	630	-96	32	-20	719	681	711	1,142	1,073	943	1,005	789	287	561	303	120	713	653	0	0	0
Dividends paid
74	74	72	73	73	71	72	71	69	70	70	70	70	69	69	70	71	72	73	73	75	76	76	77	76	75	75	74	72	69	59	49	40	33	33	32	32	33	0	0	0
Repurchases of common stock
536	500	460	440	480	500	450	400	385	501	547	522	447	306	325	405	478	555	572	663	707	590	443	232	260	264	259	244	63	24	0	0	0	-	-	-	-	-	-	-	-
Repurchases of common stock to pay withholding taxes
-	-	-	-	-	-	-	0	13	-	13	12	12	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share activity under option and incentive plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	4	-1	2	-1	-1	1	0	2	2	3	1	0	1	1	2	2	1	2	0	0	0
Net paydowns of financial guaranty variable interest entities’ liabilities
191	181	188	150	108	116	123	132	142	157	168	166	617	611	659	667	217	214	170	163	154	396	450	533	625	511	580	624	698	724	776	848	1,004	1,053	983	984	846	651	0	0	0
Paydown of long-term debt
22	4	32	81	85	101	74	48	48	30	29	7	3	2	3	3	3	4	4	14	14	19	23	21	27	27	27	26	210	209	209	207	21	22	21	20	19	21	0	0	0
Proceeds from option exercises
-	-	-	-	-	-	-	0	4	-	11	14	13	12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interests to investment vehicles
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows provided by (used in) financing activities
-622	-584	-767	-754	-756	-795	-727	-662	-653	-766	-816	-763	-1,136	-978	-1,052	-1,146	-771	-847	-819	-916	-455	-585	-499	-366	-987	-878	-941	-970	-872	-856	-896	-980	-1,091	-1,132	-1,063	-1,040	-910	-717	0	0	0
Effect of foreign exchange rate changes
-5	3	-4	-3	-4	-4	-1	1	4	5	3	1	-3	-5	-6	-7	-2	-4	-5	-7	-8	-5	-2	5	3	-1	-1	1	-4	1	-1	-5	2	2	4	5	1	-1	0	0	0
Increase (decrease) in cash and restricted cash
98	79	147	5	6	-40	10	-12	-31	17	-27	-440	36	-39	14	547	-792	72	-16	-31	666	-109	-24	-37	94	46	-27	-32	-57	-77	-40	9	70	107	78	63	20	64	0	0	0
Supplemental cash flow information
Income taxes
-	-	-	-	-	-4	2	56	25	10	75	66	68	74	34	53	87	103	125	105	102	122	97	109	115	110	68	61	6	-24	-66	-71	-15	34	-10	-8	-46	39	0	0	0
Interest on long-term debt
84	84	84	84	87	99	90	89	90	77	93	92	96	95	95	95	95	95	96	98	85	86	74	74	75	76	76	76	82	85	90	93	91	92	91	91	91	92	0	0	0
Supplemental disclosure of non-cash investing and financing activities:
Purchases of fixed-maturity investments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-