Assurant, Inc. AIZP Cash Flow

Assurant, inc. (AIZP)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Operating activities
Net Income (Loss) Attributable to Parent
382,600	251,000	519,600	565,400	141,600	470,907	488,907	483,705	538,956	278,607	430,574	447,796
Adjustments to reconcile net income to net cash provided by operating activities:
Noncash revenues, expenses, gains and losses included in income:
Deferred tax (benefit) expense
-	-	-	-	-3,900	-	-3,383	-2,937	80,584	9,049	-16,715	-
Amortization of Deferred Gain on Disposal of Businesses
14,300	56,900	103,900	394,500	13,000	-1,506	16,310	18,413	20,461	10,406	-22,461	-29,412
Depreciation and amortization
125,800	126,900	115,700	125,100	137,100	132,217	124,851	124,387	129,391	126,602	113,799	91,609
Net realized losses (gains) on investments, including impairment losses
66,300	-62,700	30,100	162,200	31,800	60,783	34,525	64,353	32,580	-48,403	53,597	-428,679
Loss on extinguishment of debt
-31,400	0	0	-23,000	0	0	-964	0	0	-	-	-
Net losses on sales of businesses and buildings
-17,000	-21,900	0	0	-	-	-	-	-	-	-	-
Stock based compensation expense
55,900	57,100	35,500	41,600	38,800	49,354	50,004	37,589	36,888	34,591	30,288	24,129
Costs associated with exit or disposal activities
-	-	-	-	-	-	0	0	-	-	-	-
Income from real estate joint ventures
-	-	-	15,700	23,600	17,826	5,573	35,023	6,023	-	-	-
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment
-	-	-	29,600	0	0	-	-	-	-	-	-
Change in tax benefit from share-based payment arrangements
-	-	-	-	-	-	-1,112	1,728	-3,267	6,712	1,790	-5,682
Non cash costs associated with exit or disposal activities
-	-	-	-	-	-	0	-	-	-	-	-
Income on sale of joint real estate ventures
-	-	-	-	-	-	-	-	-	0	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	306,381	83,000	-
Other intangible asset impairment
16,200	20,800	2,000	16,100	1,000	5,019	3,323	26,458	0	47,612	0	-
Iké net losses (Note 5)
163,000	0	0	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Change in premium stabilization program receivables
-	-	-	487,600	-136,600	-381,158	0	0	-	-	-	-
Change in other intangible assets
-	-	-	-	-	-	56,997	43,957	31,585	-83,303	-42,849	-22,564
Change in accrued investment income
-	-	-	-	-	-	-1,839	-4,832	7,532	-9,844	6,896	-320
Change in insurance policy reserves and expenses
1,680,500	549,600	1,388,200	197,300	454,200	828,591	166,839	1,356,403	595,363	573,719	-185,053	276,837
Increase (Decrease) in Premiums Receivable
63,700	220,200	10,300	212,500	-185,600	292,241	210,997	185,273	105,171	-35,318	2,657	109,870
Change in commissions payable
102,300	-10,700	-22,800	-	-	-	106,424	79,378	-14,364	56,075	-18,514	-30,230
Change in reinsurance recoverable
396,900	-609,000	936,100	240,600	155,700	471,232	-444,639	730,274	282,268	761,453	212,187	107,384
Change in reinsurance balance payable
24,800	3,800	52,500	-41,100	-13,700	49,940	6,214	-27,077	26,945	7,738	5,330	-9,591
Change in funds withheld under reinsurance
-44,600	104,700	-64,600	-15,900	-26,500	-57,095	-18,209	4,286	285	4,191	-26,304	7,856
Change in deferred acquisition costs and value of business acquired
889,400	602,400	358,800	229,500	234,700	227,628	337,060	358,637	145,091	54,709	254,374	91,764
Change in inventory associated with mobile business
-	-	-	-	27,300	85,742	34,682	5,809	-	-	-	-
Change in accounts payable and other liabilities
-	-	-	-	-165,000	266,648	181,374	33,775	124,658	-58,361	-137,791	-20,965
Change in securities classified as trading
-	-	-	-	-	-	10,606	2,874	-32,777	7,889	-15,566	-43,416
Change in taxes receivable
26,600	137,300	-105,500	7,200	-15,900	63,777	171,311	-5,800	24,914	-25,700	5,623	237,172
Change in other assets and other liabilities
-100,100	209,900	27,900	58,200	-	-	-	-	-	-	-	-
Other
16,300	-1,000	48,100	11,700	-66,300	-5,372	35,082	-13,738	-68,089	-64,127	110,511	44,429
Net cash (used in) provided by operating activities
1,413,400	656,700	530,400	108,600	229,900	393,816	1,027,561	679,698	855,304	540,742	269,925	999,135
Investing activities
Sales of:
Fixed maturity securities available for sale
2,105,800	3,513,800	2,923,100	2,963,500	2,380,800	1,887,983	2,582,731	2,197,475	1,556,894	1,774,912	1,315,003	2,072,455
Equity securities
118,100	66,700	97,500	223,300	181,900	109,233	236,730	120,729	120,445	94,798	78,030	238,423
Other invested assets
128,900	90,600	62,800	82,100	68,500	74,257	49,456	103,834	50,600	51,812	31,117	-
Property, buildings and equipment
3,300	100	26,200	0	0	-	1,422	2,375	3,823	380	1,548	739
Subsidiary, net of cash transferred
0	60,600	0	873,900	49,900	0	0	1,364	0	0	-	31,853
Maturities, calls, prepayments, and scheduled redemption of:
Fixed maturity securities available for sale
713,800	820,800	831,900	739,000	665,500	791,528	882,159	999,591	949,950	867,850	624,113	583,869
Commercial mortgage loans on real estate
-	-	-	268,800	0	-	-	-	96,552	127,814	90,523	-
Commercial mortgage loans on real estate
65,500	120,600	122,700	120,700	253,400	165,452	217,377	126,768	-	-	-	-
Purchases of:
Fixed maturity securities available for sale
2,960,600	4,373,600	3,547,200	4,260,000	2,747,400	2,472,494	3,396,588	3,729,316	2,643,277	2,921,075	2,123,394	2,346,371
Equity securities
87,100	62,400	24,400	200,500	185,000	132,748	215,881	186,962	34,556	23,702	48,935	316,604
Commercial mortgage loans on real estate
-	-	-	-	-	0	-	-	-	-	-	-
Commercial mortgage loans on real estate
117,300	215,400	165,000	116,600	149,000	156,390	194,468	126,578	88,649	36,226	18,400	-
Other invested assets
76,500	54,800	46,500	98,500	29,300	41,653	57,001	41,640	66,499	76,157	49,957	-
Property and equipment and other
110,300	82,800	62,100	85,200	114,900	83,603	52,326	56,457	35,747	51,211	55,885	56,068
Subsidiary, net of cash transferred
7,600	1,110,700	129,100	63,200	16,900	149,194	181,865	3,500	45,080	11,560	-4,923	365,398
Consolidated investment entities:
Consolidated investment entities
Purchases of investments
1,311,000	1,774,800	663,800	0	0	-	-	-	-	-	-	-
Sale of investments
935,100	848,500	81,900	0	0	-	-	-	-	-	-	-
Equity interest
-	-	-	-	-	-	91,420	0	0	-	-	-
Change in commercial mortgage loans on real estate
-	-	-	-	-	-	-	-	-	-	-	-78,157
Change in short-term investments
24,400	52,200	53,900	-273,200	196,700	-93,571	173,603	-140,309	90,368	-95,768	-254,590	332,345
Other
-4,500	-2,500	-4,700	-5,100	-103,500	22,053	-	-	-	-	-	31,690
Change in policy loans
-	-	-	-	-	-	-1,031	-1,345	-1,887	-	-	-
Change in collateral held/pledged under securities agreements
-	-	-	-	-	-	492	-780	-27,437	-	-	-
Change in policy loans
-	-	-	-	-	-	-	-	-	373	1,964	-1,366
Change in collateral held/pledged under securities agreements
-	-	-	-	-	-	-	-	-	97,348	36,227	271,657
Net cash provided by (used in) investing activities
-619,800	-2,202,500	-541,200	725,600	264,300	63,889	-392,738	-449,883	-196,588	-8,876	141,467	-329,003
Financing activities
Issuance of mandatory convertible preferred stock, net of issuance costs
0	276,400	0	0	-	-	-	-	-	-	-	-
Issuance of debt, net of issuance costs
346,700	1,285,700	0	249,600	0	0	698,093	0	0	-	-	-
Repayment of debt, including extinguishment
379,600	350,000	0	373,000	0	467,330	0	0	0	-	-	-
Issuance of collateralized loan obligation notes
398,600	842,500	368,000	0	0	-	-	-	-	-	-	-
Repurchase of debt
-	-	-	-	-	-	33,634	0	-	-	-	-
Issuance of debt for consolidated investment entities
189,100	637,300	303,900	0	0	-	-	-	-	-	-	-
Repayment of debt for consolidated investment entities
319,300	591,600	221,100	0	0	-	-	-	-	-	-	-
Payment of contingent liability
19,300	0	0	-	-	-	-	-	-	-	-	-
Repayment of mandatorily redeemable preferred stock
-	-	-	-	-	-	-	-	5,000	3,160	3,000	10,000
Change in tax benefit from share-based payment arrangements
-	-	-	-	-	-	1,112	1,728	-3,267	-6,712	-1,790	5,682
Acquisition of common stock
271,800	139,300	388,900	863,100	292,900	215,183	393,012	412,196	533,848	522,546	31,949	59,000
Common stock dividends paid
151,300	133,800	119,000	125,300	-	-	-	-	-	-	-	-
Preferred stock dividends paid
18,700	14,200	0	0	-	-	-	-	-	-	-	-
Dividends paid
-	-	-	-	94,200	77,495	74,128	69,393	67,385	69,618	69,596	63,672
Withholding on stock based compensation
19,700	15,700	19,500	26,000	24,700	-	-	-	-	-	-	-
Proceeds from transfer of rights to ACA recoverables (Note 4)
26,700	0	0	-	-	-	-	-	-	-	-	-
Non-controlling interest
0	9,200	10,900	0	0	-	-	-	-	-	-	-
Other
0	100	0	5,500	-100,000	-16,191	-	-	-	-	-	-
Change in receivables under securities loan agreements
-	-	-	-	-	-	-	-	-14,370	14,370	0	-
Change in obligations to return borrowed securities
-	-	-	-	-	-	-	-	14,281	-14,281	0	-
Payment of contingent obligations
-	-	-	-	-	-	0	0	-	-	-	-
Change in obligation under securities agreements
-	-	-	-	-	-	492	-780	-27,437	-97,348	-36,227	-285,144
Net cash provided by financing activities
-179,200	1,838,000	-26,700	-1,080,300	-462,400	-776,199	196,699	-480,641	-636,848	-699,473	-142,562	-412,134
Effect of exchange rate changes on cash and cash equivalents
-1,300	-35,000	2,300	-16,100	-56,200	-28,126	-23,742	-6,483	-5,671	-429	9,038	-22,278
Change in cash and cash equivalents
613,100	257,200	-35,200	-256,300	-30,300	-398,528	807,780	-257,309	16,197	-168,036	277,868	235,720
Supplemental information:
Income taxes paid
93,100	93,900	18,800	226,100	80,100	247,771	132,487	289,850	218,372	341,148	328,264	349,191
Interest paid on debt
103,200	79,500	48,100	56,200	54,800	68,875	70,741	60,188	60,244	60,539	60,569	60,859